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August 1, 2012
Google will pay $22.5 million to settle FTC privacy breach case
By:
Asim
on 4:53 AM
In line with reports from earlier this month,
Google
(
GOOG
) has
agreed to pay $22.5 million to settle a case with the Federal Trade Commission
.
Reuters
reports that the FTC has voted to approve the settlement, and Google will not have to admit any wrongdoing according to the terms of the agreement. The FTC launched an investigation earlier this year surrounding accusations that Google was violating Internet safeguards by
circumventing privacy settings
in
Apple’s
(
AAPL
) Safari Web browser in order to serve targeted ads. Google was allegedly
bypassing the privacy settings of millions of Safari users
by using a special code to install cookies on users’ computers even when such actions were supposed to be blocked by the browser.
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