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We still don't know how much of Libra Facebook owns

Ajouté le 03-07-2019, via TechCrunch, dans High-Tech & Internet

The $10 million entry fee to join the Facebook-developed cryptocurrency's Libra Association is merely a minimum. Members who'll verify transactions can opt to invest more in exchange for more Libra Investment Tokens that will earn them dividends from the interest earned by the Libra Reserve after...

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Facebook collected device data on 187,000 users using banned snooping app

Ajouté le 12-06-2019, via TechCrunch, dans High-Tech & Internet

Facebook obtained personal and sensitive device data on about 187,000 users of its now-defunct Research app, which Apple banned earlier this year after the app violated its rules. The social media giant said in a letter to Sen. Richard Blumenthal's office — which TechCrunch obtained — that it...

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9 reasons the Facebook FTC settlement is a joke

Ajouté le 25-07-2019, via TechCrunch, dans High-Tech & Internet

The FTC just announced the details of its settlement agreement with Facebook over years of privacy practices in violation of a previous order. To say the settlement is favorable to Facebook, even with the record $5 billion penalty, is an understatement; the company's lawyers are probably popping...

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Facebook to admit ownership of Instagram, WhatsApp in barely visible small-print

Ajouté le 03-08-2019, via TechCrunch, dans High-Tech & Internet

For the first time in more than half a decade, Facebook wants to inform you that it owns Instagram, the hyper-popular rival social networking app it acquired for a $1BN steal back in 2012 . Ditto messaging platform WhatsApp - which Mark Zuckerberg splurged $19BN on a couple of years later to keep...

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Facebook launches searchable transparency library of all active ads

Ajouté le 29-03-2019, via TechCrunch, dans High-Tech & Internet

Now you can search Facebook for how much Trump has spent on ads in the past year, which Pages' ads reference immigration or what a Page's previous names were. It's all part of Facebook's new Ad Library launching today that makes good on its promise to increase transparency after the social...

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UK Far Right activist circumvents Facebook ban to livestream threats

Ajouté le 05-03-2019, via TechCrunch, dans High-Tech & Internet

Stephen Yaxley-Lennon, a Far Right UK activist who was permanently banned from Facebook last week for repeatedly breaching its community standards on hate speech, was nonetheless able to use its platform to livestream harassment of an anti-fascist blogger whom he doorstepped at home last night....

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Zuckerberg wants messages to auto-expire to make Facebook a 'living room'

Ajouté le 06-03-2019, via TechCrunch, dans High-Tech & Internet

On feed-based 'broader social networks, where people can accumulate friends or followers until the services feel more public . . . it feels more like a town square than a more intimate space like a living room' Facebook CEO Mark Zuckerberg explained in a blog post today . With messaging, groups,...

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Facebook's regulation dodge: Let us, or China will

Ajouté le 17-07-2019, via TechCrunch, dans High-Tech & Internet

Facebook is leaning on fears of China exporting its authoritarian social values to counter arguments that it should be broken up or slowed down. Its top executives have each claimed that if the U.S. limits its size, blocks its acquisitions or bans its cryptocurrency, Chinese company's absent these...

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Regarding Facebook's cryptocurrency

Ajouté le 03-03-2019, via TechCrunch, dans High-Tech & Internet

If Bloomberg and the New York Times are to be believed, later this year Facebook will introduce a cryptocurrency which will allow WhatsApp users to send money instantly. Yes, that's right: Facebook. Cryptocurrency. Earthquake! Revolution! The world is tilting on its axis! The end times are cometh!...

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The real risk of Facebook's Libra coin is crooked developers

Ajouté le 19-06-2019, via TechCrunch, dans High-Tech & Internet

Everyone's worried about Mark Zuckerberg controlling the next currency, but I'm more concerned about a crypto Cambridge Analytica. Today Facebook announced Libra, its forthcoming stablecoin designed to let you shop and send money overseas with almost zero transaction fees. Immediately, critics...

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