YOUR BUSINESS AUTHORITY
Springfield, MO
Twitter warned it could be fined hundreds of millions of dollars for allegedly misusing users’ personal data for advertising purposes, Fox Business reports.
The company is expecting a loss of between $150 million and $250 million related to the fine.
A U.S. Securities and Exchange Commission filing by Twitter indicated the Federal Trade Commission recently issued a draft complaint. Twitter is being accused of using phone numbers and email addresses to target advertising.
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