Twitter Is Being Investigated By The FTC
Business Insider broke the news today that the Federal Trade Commission is investigating Twitter apparently due acquisition tactics of applications. Twitter had begun offering “official” versions of apps by way of acquisition back in 2010 with some notable apps including Tweetie and TweetDeck.
Entrepreneur Bill Gross had also started buying Twitter apps under a company named TweetUp. Gross was looking to acquire TweetDeck and had received funding from Accel in order to do so. Twitter then began shutting down a handful of Gross’s apps and ended up purchasing TweetDeck for itself.
BusinessInsider also stated that:
“Twitter will soon create a site will “offer up as much information as possible to developers and partners.”
Twitter settled with the FTC back in March over a alleged privacy violations. For more information, you can reach the BusinessInsider article or follow the FTC on Twitter!
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