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Benzinga
Benzinga
Politics
Shivdeep Dhaliwal

Twitter To Settle Complaint Alleging It Used User Phone Numbers To Target Ads For $150M

United States FTC NYSE Twitter Inc. TWTR

Twitter Inc (NYSE:TWTR) will pay $150 million in civil penalties after the social media platform settled a complaint that alleged that the company used its members’ email addresses and phone numbers to target them with advertisements.

What Happened: The settlement pertains to allegations that Twitter violated the Federal Trade Commission Act and an administrative order issued by the Federal Trade Commission in March 2011.

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