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Photo: Rafael Henrique/SOPA Images/LightRocket

The Federal Trade Commission has accused Twitter of using phone numbers and emails from its users to make targeted ads between 2013 and 2019, Twitter said in an SEC filing published Monday.

Why it matters: Twitter estimates that the FTC's draft complaint, which was sent a few days after its Q2 earnings report, could cost the company between $150 million and $250 million. The complaint is unrelated to the recent Twitter hack involving a bitcoin scam.

  • A Twitter spokesperson declined to comment when asked if the company was denying the FTC's allegations, and said the company had followed standard accounting rules to estimate the settlement.
  • Twitter received the FTC's complaint on July 28.

The backdrop: The FTC is alleging that Twitter violated its 2011 agreement to stop misleading consumers about how it protects user privacy.

  • In October, Twitter said it had "unintentionally" used some email addresses and phone numbers for advertising even though the information was provided for account security, like two-factor authentication.
  • Twitter declined to comment on the October announcement.

Go deeper: Twitter's big hack bares broad dangers

Go deeper

Nov 9, 2020 - Podcasts

Stocking Joe Biden's Cabinet

The pressure is already on President-elect Biden to name his Cabinet appointees. It comes both from the moderates who supported him in the election — and from the left to acknowledge the progressive wing of the Democratic Party.

Ina Fried, author of Login
Nov 9, 2020 - Technology

Right-leaning social network Parler tops free app charts

Photo: Olivier Douliery/AFP via Getty Images

Parler, which calls itself a "viewpoint-neutral" social network and is growing popular among conservatives who feel mainstream social platforms are censoring them, is now topping the free app download charts, according to both Apple and Sensor Tower.

Why it matters: With Twitter and other mainstream social media apps more strictly enforcing rules against election-related falsehoods, more permissive, often right-leaning platforms have seen a surge of interest.

Updated 15 mins ago - Energy & Environment

Bomb cyclone prompts blizzard warnings from Virginia to Maine

Computer model projection showing the intense storm off of Cape Cod on Jan 29, 2022, with heavy snow and strong winds lashing the coastline. (Weatherbell.com)

Blizzard warnings are in effect for 11 million people from coastal Virginia to eastern Maine as a powerful and potentially historic winter storm is set to slam the Mid-Atlantic and Northeast beginning Friday.

Why it matters: The storm will bring an array of hazards, from zero visibility amid hurricane force wind gusts and heavy snow to coastal flooding that will erode vulnerable beaches and threaten coastal property from the Jersey shore to coastal Massachusetts.