Officially.. YouTube fined $170 million for collecting data on children
Reuters
The U.S. Federal Trade Commission said, Wednesday, that Google
Alphabet's owned video service, YouTube, will pay $170 million to settle a lawsuit in which prosecutors allege the company violated federal law by collecting personal data about children.
YouTube has been accused of tracking children's channels by using cookies to broadcast multimillion-dollar targeted ads to those viewers.
The settlement with the Federal Trade Commission and the New York Attorney General's Office, which will receive $34 million, is the largest since a law banning the collection of information on children under the age of 13 came into force in 1998, and the law was amended in 2013 to include cookies used to track users' habits. Surfing the Internet.
But the fine is small compared to the company's revenue, and Alphabet, which generates about 85 percent of its revenue through advertising space and advertising technologies, announced in July that the total revenue for the second quarter was $38.9 billion.
The U.S. Federal Trade Commission said, Wednesday, that Google
Alphabet's owned video service, YouTube, will pay $170 million to settle a lawsuit in which prosecutors allege the company violated federal law by collecting personal data about children.
YouTube has been accused of tracking children's channels by using cookies to broadcast multimillion-dollar targeted ads to those viewers.
The settlement with the Federal Trade Commission and the New York Attorney General's Office, which will receive $34 million, is the largest since a law banning the collection of information on children under the age of 13 came into force in 1998, and the law was amended in 2013 to include cookies used to track users' habits. Surfing the Internet.
But the fine is small compared to the company's revenue, and Alphabet, which generates about 85 percent of its revenue through advertising space and advertising technologies, announced in July that the total revenue for the second quarter was $38.9 billion.
