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Report: FTC looking into Facebook

Add on one more headache for Facebook: Now the Federal Trade Commission is looking into whether Facebook violated terms of a prior settlement regarding how it uses personal data, Bloomberg reports. The Washington Post reported over the weekend that the Cambridge Analytica scandal may have violated those settlement terms.

Why it matters: The revelations about how Cambridge Analytica used Facebook user data has thrown Facebook into chaos. An FTC probe adds fuel to the firestorm as lawmakers are already calling for Facebook executives to testify in front of Congress.

Update: An FTC spokeswoman said: “We are aware of the issues that have been raised but cannot comment on whether we are investigating. We take any allegations of violations of our consent decrees very seriously as we did in 2012 in a privacy case involving Google.”

Facebook Deputy Chief Privacy Officer Rob Sherman said, "We remain strongly committed to protecting people's information. We appreciate the opportunity to answer questions the FTC may have."

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