Facebook Inc (NASDAQ:FB) is the next target of the Dutch watchdog after the agency warned Google Inc (NASDAQ:FB) of its privacy policies and user data usage. The authority has announced a probe against the new policy of the social network concerning the use of user data and images.
The chairman of the Dutch Privacy Authority (DPA), Jacob Kohnstamm, said that the company required “explicit consent” before making any changes in its privacy policies. When it comes to seeking consent over the privacy policy changes, Facebook Inc (NASDAQ:FB) announced its policy changes adding that if the users are still using their social network, they agree to the policy changes.
While talking about the probe from the Dutch authority, Facebook Inc (NASDAQ:FB)’s spokesperson, Sally Aldous, said,
“We were surprised and disappointed. We recently updated our terms and policies to make them more clear and concise, to reflect new product features and to highlight how we’re expanding people’s control over advertising. We’re confident the updates comply with relevant laws.”
Earlier, the Dutch privacy authority issued a notice against Google Inc (NASDAQ:GOOGL) to make necessary changes in its privacy policy before the end of February 2015. In case of failure in doing so, the search engine company might face a fine of $18 million in the process.
Facebook Inc (NASDAQ:FB) last week updated its trending feature to display trending news under five different categories. These five different sections include Articles, In The Story, Friends And Groups, Near The Scene, and Live Feed. The posts displayed in each of these sections would be ranked according to timeliness and engagement.
The shares of Facebook are trading at $74.69 with 36.67% growth in its share prices year-to-date, although the shares of the company have been following a downward rally in the past few days.
This article has been written by Prakash Pandey.
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