Facebook is said to be investigated by FTC over internal disclosures
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- Staffers at the Federal Trade Commission are said to be reviewing Facebook's (NASDAQ:FB) internal research that showed its products may have harmful effects on users.
- Agency staffers are evaluating if internal Facebook (FB) research may indicate the company violated a 2019 FTC settlement over privacy concerns, according to a WSJ report.
- The WSJ reported in September that Facebook allegedly knew that Instagram may be harmful to teens.
- Yesterday, Facebook analysts trim targets but see company pressing through ad challenge.