Facebook CEO Mark Zuckerberg may face oversight from the FTC

Mail Online | 4/19/2019 | Associated Press
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Federal regulators are reportedly considering seeking some kind of oversight of Mark Zuckerberg's leadership of Facebook over the social network giant's mishandling of users' personal information.

Discussions between Facebook and the U.S. Federal Trade Commission officials about its data-handing lapses have touched on holding the CEO personally accountable, The Washington Post reported Friday.

Zuckerberg - Majority - Facebook - Voting - Stock

Zuckerberg controls a majority of Facebook's voting stock and has run the company since starting it at Harvard in 2004.

The Post quoted two anonymous sources familiar with the discussions.

Restraints - Zuckerberg - Message - Giants - FTC

It said putting restraints on Zuckerberg could send a message to other tech giants that the FTC could hold their executives accountable for privacy misdeeds.

The FTC had no comment and Facebook did not immediately respond to a request for comment.

Commission - Investigation - Facebook - Year - Revelations

The commission opened an investigation into Facebook last year after revelations that data mining firm Cambridge Analytica had gathered details on as many as 87 million Facebook users without their permission.

The FTC has been examining whether that massive breakdown violated a settlement that Facebook reached in 2011 after government regulators concluded the Menlo Park, California, company had...
(Excerpt) Read more at: Mail Online
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