April 9, 2019 / 10:09 AM / 7 months ago

Facebook amends terms for use of consumers' data - EU

BRUSSELS, April 9 (Reuters) - Facebook has revised the terms related to its users’ data following demands from the European Commission and consumer authorities, including taking responsibility when data has been mishandled by third parties.

The changes clearly explain how the company uses consumers’ data to develop profiling activities and target advertising to finance itself, the EU executive said in a statement. (Reporting by Foo Yun Chee; editing by Francesco Guarascio)

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