Facebook
spies
on
YOU
Remember all those surveys you take and fun games you play through Facebook?
by
Tyler Durden
Tue, 03/20/2018 - 09:25
Following yesterday's collapse, one might have expected a bip-buyer's
bounce, but thanks to headlines from Bloomberg revealing the FTC is said to be probing Facebook for use of personal data, Facebook shares are tumbling once again in the pre-market...
Bloomberg reports that the U.S. Federal Trade Commission is probing Facebook Inc. over whether it violated terms of a consent decree over its use of personal data, according to a person familiar with the matter.
The investigation involves whether it allowed Cambridge Analytica to receive some user data in violation of its policies, said the person, who asked not be identified because the investigation is confidential.
The initial reaction was further selling with FB -3% in the pre-market...
For context, FB Shares are now testing the spike lows from the February XIV crash...
Bloomberg reports that the U.S. Federal Trade Commission is probing Facebook Inc. over whether it violated terms of a consent decree over its use of personal data, according to a person familiar with the matter.
The investigation involves whether it allowed Cambridge Analytica to receive some user data in violation of its policies, said the person, who asked not be identified because the investigation is confidential.
The initial reaction was further selling with FB -3% in the pre-market...
For context, FB Shares are now testing the spike lows from the February XIV crash...
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
by
Tyler Durden
Tue, 03/20/2018 - 04:44
The recent controversy and escalating scandal over Facebook's
decision to ban Trump-linked political data firm Cambridge Analytica
over the use of data harvested through a personality app under the guise
of academic research has opened a veritable Pandora's box of scandal
for the Silicon Valley social media giant.
Carol Davidsen, who served as Obama's director of integration and media analytics during his 2012 campaign (in her LinkedIn profile she says she was responsible for "The Optimizer" & "Narwhal" big data analytics platforms), claims - with evidence, that Facebook found out about a massive data-mining operation they were conducting to "suck out the whole social graph" in order to target potential voters. After Facebook found out, they knowingly allowed them to continue doing it because they were supportive of the campaign.
"[M]ore than 1 million Obama backers who signed up for the [Facebook-based app] gave the campaign permission to look at their Facebook friend lists. In an instant, the campaign had a way to see the hidden young voters. Roughly 85% of those without a listed phone number could be found in the uploaded friend lists. What’s more, Facebook offered an ideal way to reach them," reads an article Davidsen posted as a prelude to her postings.
In a series of Sunday night tweets, Davidsen explained how the Obama campaign was able to use Facebook data to "append to our email lists."
...
Carol Davidsen, who served as Obama's director of integration and media analytics during his 2012 campaign (in her LinkedIn profile she says she was responsible for "The Optimizer" & "Narwhal" big data analytics platforms), claims - with evidence, that Facebook found out about a massive data-mining operation they were conducting to "suck out the whole social graph" in order to target potential voters. After Facebook found out, they knowingly allowed them to continue doing it because they were supportive of the campaign.
"[M]ore than 1 million Obama backers who signed up for the [Facebook-based app] gave the campaign permission to look at their Facebook friend lists. In an instant, the campaign had a way to see the hidden young voters. Roughly 85% of those without a listed phone number could be found in the uploaded friend lists. What’s more, Facebook offered an ideal way to reach them," reads an article Davidsen posted as a prelude to her postings.
In a series of Sunday night tweets, Davidsen explained how the Obama campaign was able to use Facebook data to "append to our email lists."
...
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by
Tyler Durden
Tue, 03/20/2018 - 08:45
Following reports last night that Facebook's Chief Security Officer
Alex Stamos would be leaving the company after purportedly refusing to
buckle to pressure to prioritize corporate profits over protecting
users, Facebook said Tuesday that it would be hosting an
"emergency town hall meeting" to allow employees to ask questions about
the company's relationship with Cambridge Analytica.
The meeting will be led by the company's deputy general counsel, Paul Grewal, the same employee who authored the blog post announcing the company's suspension of CA for improperly using personal data gleaned from 50 million Facebook users, and then lying about it (to be sure, CA has denied the accusations and offered a dramatically different account of what happened).
...
The meeting will be led by the company's deputy general counsel, Paul Grewal, the same employee who authored the blog post announcing the company's suspension of CA for improperly using personal data gleaned from 50 million Facebook users, and then lying about it (to be sure, CA has denied the accusations and offered a dramatically different account of what happened).
...
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Candy Crush...anyone?
Gotta go play WWF...
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