Facebook’s Latest S-1 Amendment Confirms Increased Share Price Range

Another day, another amendment. This marks the seventh for Facebook in three months.
facebook-IPO1-380x257

Voices

Myspace in Privacy-Policy Settlement With FTC

Social-networking service Myspace settled allegations by the Federal Trade Commission that it misled millions of users about its sharing of personal information with advertisers, the FTC said.

Voices

FTC Hires High-Profile Lawyer to Help Lead Google Probe

The Federal Trade Commission announced Thursday it has enlisted a seasoned litigator to help lead its antitrust investigation into whether Google Inc. has abused its dominance in Web-search advertising, a move that could provide a big boost to the agency’s legal team if it ultimately decides to bring a case against the search giant.

News Byte

Report: FTC to Fine Google Over Safari Bypass Within Next 30 Days

Following a small FCC fine over Google delaying its Street View Wi-Fi investigation, the FTC is likely to order Google to pay a “sizable” fine in the next month for bypassing the Safari browser’s privacy settings to install cookies, the Mercury News reported. The Wall Street Journal, which exposed the bypass in February, had reported that regulators in the U.S. and the European Union were looking into the matter. Google said its actions were inadvertent.

Q&A: FTC Chairman on How Web Start-Ups Should Handle Privacy

In order to avoid crossing the FTC and its new privacy framework, social media companies should make sure they honor privacy commitments, said FTC Chairman Jon Leibowitz.
credit: Win McNamee, Getty Images News

FTC Calls for “Privacy by Design”

The U.S. Federal Trade Commission today released a set of recommendations for businesses and Congress about the collection and use of consumers’ personal data.
Screengrab from the FTC's diagram of the personal data ecosystem

News Byte

FTC to Debut Privacy Framework Monday, Complete With Its Own Social Media Strategy

The U.S. Federal Trade Commission will on Monday unveil a wide-ranging privacy framework that it has been working on for more than a year, expected to cover online personal data collection and other topics. Don’t expect an anti-social media agenda, though! After a conference call, the FTC will host Facebook and Twitter chats about the framework. Also today: The FTC launched a technology blog with an introductory post by its chief technologist, Ed Felten.

FTC Subpoenas Apple in Google Antitrust Probe

The U.S. Federal Trade Commission has subpoenaed Apple as part of its antitrust inquiry into Google’s business practices, according to Bloomberg News.
mailman

LightSquared CEO Resigns as Company Runs Into Interference

Sanjiv Ahuja is stepping down, just as the wireless start-up is facing major challenges in its effort to build a 4G cellular network.
LightSquared CEO Sanjiv Ahuja is resigning.

The Apologies of Zuckerberg: A Retrospective

Google to FTC: Bring It On