Quick Hits: Facebook Settles with the FTC, Cyber Monday vs. Other Mondays

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ADOTASFacebook has settled Federal Trade Commission charges that it shared data from its users after telling users said data would remain private. The FTC brought up eight counts, some of which are actually a few years old at this point. Some of the charges held the social network had changed privacy settings, shared data with advertisers or held onto and allowed access to data from deleted account (this includes cases where Facebook took actions it had expressly told its users it wouldn’t take); some were directed at the data access allowed to third-party apps Facebook users downloaded on their own. In any case, the FTC has ordered Facebook to basically stop doing that, and now the network is subject to third-party audits every other year for the next 20 years to assure it upholds its stated privacy practices. Facebook joins Google and Twitter now in shaping up privacy and transparency for to meet FTC standards, and Facebook CEO Mark Zuckerberg has announced (among a whole bunch of  other discussion points) his company’s named two Chief Privacy Officers.

Meanwhile, as Facebook has figuratively pulled down the window shades, Google Maps just walked in the front door. Android users can download Google Maps 6.0, which now offers floor plans of select airports and retailers, including some major shopping malls.

 

In other news, eXelate has analyzed the data from billions of online transactions, and it’s decided that while Cyber Monday was a bigger day for online shopping than Black Friday (by 17 percent), it might not have been quite the coup that recent proclamations of the cyberest of all possible Mondays suggests: For the rest of the month, Mondays were already 14 percent more profitable than Fridays for online retailers. Here’s an infographic breaking down where those dollars went (and here’s a link to the original PDF):

 

 

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