Meta Faces Heightened Scrutiny Over Privacy Compliance After FTC Probe

Reuters12-13 05:15
Meta Faces Heightened Scrutiny Over Privacy Compliance After FTC Probe

Meta Platforms Inc. is facing increased regulatory scrutiny related to privacy violations and compliance with laws and regulations, including the 2020 FTC Consent Order. The company has taken steps to enhance its whistleblower program, allowing employees to report suspected compliance violations anonymously, including privacy issues. Meta will also provide quarterly summaries of privacy issues raised through its whistleblower hotline to a designated Board committee. Additionally, the company is updating its governance policies, including adopting a separate director code of conduct and amending its conflicts of interest policy to remove Mark Zuckerberg's authority over director conflict decisions. These measures reflect Meta's efforts to address regulatory concerns and strengthen internal oversight.

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