FTC seeks to ban Meta from monetizing young users' data.

The Federal Trade Commission (FTC) has proposed barring Facebook parent company Meta from monetizing data from users under 18, after it found that the company violated a 2020 privacy order. The FTC also accused Meta of violating the Children's Online Privacy Protection Rule by misrepresenting parental controls on its Messenger Kids app. The proposed terms include a pause on the company's ability to launch new or modified products or services until the independent assessor confirms in writing that Meta's privacy program is in full compliance with the terms of the agreement. Meta has 30 days to respond to the FTC's findings.