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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.

N.Y. Times faces culture clashes as business booms

Illustration: Sarah Grillo/Axios

New York Times columnist David Brooks' resignation from a paid gig at a think tank on Saturday is the latest in a flurry of scandals that America's biggest and most successful newspaper company has endured in the past year.

Driving the news: Brooks resigned from the Aspen Institute following a BuzzFeed News investigation that uncovered conflicts of interest between his reporting and money he accepted from corporate donors for a project called "Weave" that he worked on at the nonprofit.