Cambridge Analytica Planned to Issue Digital Currency and ICO

19 April, 2018, 06:03 | Author: Harriet Bell
  • FILE Facebook founder Mark Zuckerberg outlined new ways for users to be aware of the information the site stores

The latest development in the Facebook privacy controversy is that the company now faces a class action lawsuit claiming that its use of face recognition to identify users in photos. The Facebook chief had explained that Facebook collects data beyond what users share on their general profiles.

In a blog post, Facebook product management director David Baser went over how the company gathers user data from other websites and apps, what they do with the data and what controls users have over this data.

Facebook, which has also been scrutinized including a congressional questioning of founder Mark Zuckerberg, has said that up to 87 million people had data taken after they or one of their friends took a "This is your digital life" quiz created by researcher Alexander Kogan.

Firstly, Baser said the data helps run social plugins and logins to keep the app running properly, analytics for websites and developers and ads and related ad measurement tools.

"Facebook Audience Network enables other websites and apps to show ads from Facebook advertisers". He cited Twitter, LinkedIn, Google, Amazon and Pinterest as only five examples of platforms known to be surveilling users. "We've got to fix that", said Rep. Luján, referring to a process that forces non Facebook users to sign up for the service if they want to know what personal information the company has obtained. "This is because other apps and sites don't know who is using Facebook", Baser said in his post as part of Facebook's Hard Questions series.

Facebook has made it very clear that they're going through any and all apps that have access to large amounts of data, and evaluating them on how they're gathering and using it.

Apple Inc. (AAPL) -Trending stock
It is negative, as 37 investors sold CBL shares while 60 reduced holdings. 16 funds opened positions while 43 raised stakes. The rating was upgraded by Hilliard Lyons to "Buy" on Monday, February 5. (NASDAQ:SNI) rating on Monday, July 31.

Plastic-eating enzyme could help fight pollution, scientists say
PETase is thought to have evolved in a waste recycling centre in Japan , which allowed a bacterium to degrade plastic as a food source.

Nafta agreement could come in weeks, say Pence and Trudeau
Pence said he was "very hopeful" that Mexico, Canada and the US were close to an agreement on the negotiated trade pact. The unified front was presented during a highly anticipated meeting between Prime Minister Justin Trudeau and U.S.

In return for that information, Facebook helps those websites serve up relevant ads or receive analytics that help them understand how people use their services.

It is true that Facebook has built a massive €200m data centre in Clonee, Co Meath, and that it has data centres all over the world, but the rub of the court battles led by Schrems is the legality of Facebook transferring European data to the US. Tough luck if you don't want "engaging" ads. The government questioned Cambridge Analytica on whether it had been "engaged in any assignment to utilise data of Indians" pertaining to the recent breach, and also the entities that had used its services.

Facebook continues to suggest that users have all the control over their data. This law is designed make tech companies like Google and Facebook comply with rules regarding the protection of their customers' data.

Brace for sticker shock, because for Facebook to offset the ad revenue of these rich hardcore users, it might have to charge more like $11 to $14 per month. These and many other companies offer advertising services too.

"I dunno what it is about Zuckerberg that makes the alien/robot etc comparisons so easy, I think it's the bug eyes and ears and complexion", wrote another. Dean Heller (R-NV), all Zuckerberg could say was that Facebook tries "to move as quickly as possible".



Gennady Golovkin will face Vanes Martirosyan May 5
After pulling out of the fight against unified world champion Golovkin, Alvarez insisted he was not guilty of any wrongdoing. Triple G will still get some action in on May 5th, Vanes Martirosyan at the StubHub Center in Carson, Calif.

Now Comey's Hitting the Late Shows to Mock Trump
Comey will sit down with CNN's Jake Tapper on Thursday and attend a CNN town hall with Anderson Cooper on April 25. Wednesday's stop on ABC's " The View " yielded contentious questioning from Meghan McCain, who suggested that J.

Island-Wide Blackout Hits Puerto Rico as Twins Scheduled to Play
Each light tower operates with independent generators of 200 kilowatts. "The game will not be affected at all". First pitch is scheduled for 7:10 p.m.

Brady Planning To Work Out With Patriots Teammates Ahead Of OTAs
Bayless said he's convinced that Brady wants to play three or four more years with the Patriots , but not under Belichick . Brady is " seeking a new contract " before the 2018 season, NFL Media's Mike Garafolo and Ian Rapoport reported Wednesday.

New SRQ carrier Allegiant has safety record scrutinized on '60 Minutes'
Allegiant is St.Pete Clearwater Airport's biggest customer with more than 14,000 flights a year and $2 million in airport revenue. Bill Nelson is calling for an investigation into the FAA for its reported handling of an Allegiant Air's poor safety record.

A warehouse Sized Asteroid Said Hello To Earth
Space Weather reported, '2018 GE3 was discovered by the Catalina Sky Survey approaching Earth on April 14th. The asteroids which are present in this belt do not pose any threat to the Earth.

Commonwealth Games 2018: Vinesh Phogat wins Gold in Women's 50kg freestyle category
It was her good defence right at the end that helped Malik get her first major global medal since the 2016 Olympics. The two bronze medals were won by Sakshi Malik (women's 62 kg freestyle class) and Somveer (men's 86 kg category).

Mecca Masjid blast case: 5 acquitted
Owaisi, in an earlier tweet, claimed that the NIA did not properly pursue the case, leading to the acquittal of the accused. The BJP said it had exposed the Congress' appeasement politics and proved that there is "no such thing as saffron terror".

Shreyas Iyer hails Delhi Daredevils' comeback vs Mumbai Indians in IPL 2018
On the brakes being applied in the middle overs We were 10-15 runs short, but a 180+ score is a good score on any ground. When the score was 194-7 after 20, they must have thought the match was theirs to win.

Saudi king slams Iranian meddling in Arab states
Saudi Arabia is pushing for a tough, unified stance against Iran at the annual gathering of the 22-member Arab League. Among the leaders in attendance was Sudan's Omar al-Bashir, who walked the red carpet and was greeted by King Salman.