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Facebook continued it’s fight against an upcoming IOS feature that lets users handle ad tracking.
Facebook took out full page newspaper ad condemning the feature claiming it would be devastating to small businesses who use ad tracking data to target potential customers.
Apple defended the tool saying it gives users more choice when it comes to privacy, and still plans to launch the feature in early 2021.
Facebook makes most of its money from ads.
Speaking of social networks, the Federal Trade Commission has asked every major social media platform to provide information on how they collect and handle personal user data.
The FTC wants to know how the internet giants collect, use and track personal and demographic information.
As well as how these policies affect minors.
The companies have 45 days to respond to the order.
And finally stock trading app Robinhood may be facing an official legal complaint by Massachusetts securities regulators.
This report suggests a draft of the complaint, accuses the company of aggressively marketing to inexperienced investors and exposing them to unnecessary trading risks.
Robinhood has previously faced regulatory scrutiny.
And when asked for comments, says it disagrees with the allegations in the new complaint
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