Meta, YouTube and other sites collected more data than most users realized, a new report by the Federal Trade Commission finds.

The Federal Trade Commission released a report Thursday slamming social media platforms including Facebook's parent company, Meta, as well as TikTok, Google-owned YouTube, Snap and other online services over privacy and youth safety concerns.

FTC Chair Lina Khan says tech giants such as Meta and Google "endanger people's privacy" and "expose them to a host of harms."

Popular social media platforms and video streaming services pose serious risks to user privacy, with children and teenagers most at risk, the Federal Trade Commission found in a report published Thursday.

The FTC just published results of a sweeping study of social media sites that has been going on for four years. The organization said that many social media sites and streaming services engage in “vast surveillance of consumers in order to monetize their personal information.

A Federal Trade Commission study found social media platforms like Meta, YouTube and TikTok engage in "vast surveillance" of consumers and profit from the data by selling it to advertisers. New York Times reporter joins CBS News to discuss the findings.