Facebook and the Federal Trade Commission are nearing an agreement from a 2009 privacy complaint. The final approval from the FTC commissioners would require Facebook to let users opt in to changes in the way that information is shared rather than forcing them to opt out of changes that Facebook imposes on them.

Twitter has made a settlement with the Federal Trade Commission. The FTC believed that Twitter had “deceived consumers” by allowing hackers to get control over Twitter due to loose security.

The Federal Trade Commission (FTC) is reportedly putting a team together to try to stop Google’s acquisition of AdMob. While it is unknown who is behind reporting Google to the FTC, it is rumored that Verizon, Microsoft, and AT&T are behind it. [BusinessInsider]

The Federal Trade Commission is investigating Google Inc. (NASDAQ:GOOG) for their acquisition of AdMob.  The FTC is checking to see if the acquisition of AdMob would reduce competition for advertising on mobile phones.

“We’re not going to discuss the details of that process,” stated Google spokesman Adam Kovacevich. “We’re confident that they’ll conclude that the rapidly growing mobile advertising space will remain highly competitive after this deal closes.”

A combination of Google and AdMob would create the largest mobile advertising company.  The companies controlled about 21% of the market combined in 2009. [Bloomberg]