The contradictory claim is Facebook’s latest tactic against a high-profile lawsuit, exposing a growing tension for the Silicon Valley corporation, which has long presented itself as neutral platform that does not have traditional journalistic responsibilities.
The law, passed by the state legislature on Tuesday and signed by Gov. Jerry Brown, requires companies to disclose the types of data they collect about consumers and with whom they share that information. Companies will be forced to let consumers opt-out of having their data sold. The law will also prohibit companies from charging a consumer or treating them differently because they opted out of having their data sold.
Facebook has admitted that it gave dozens of companies access to its users’ data after saying it had restricted access to such data back in 2015, the latest wrinkle in a firestorm over how the social network manages user information.
Facebook Inc faced criticism on Wednesday from Republican and Democratic U.S. lawmakers who demanded that the social media company be more forthcoming about data it has shared with four Chinese firms.
About one in three employees at Google, Facebook and Apple is a woman. That’s an imbalance that tech sector executives Sheryl Sandberg and Tim Cook say they want to change. Yet even if their companies set a target of just over half their new recruits being women, a Breakingviews calculator shows that closing the gender gap will take up to 15 years.
Because AI systems get smarter as they analyze more data, when you get ahead by a month, you’re ahead by a year, and when you get ahead by a year, you’re ahead by a decade. China is quickly getting ahead by a year or more, which means it might not be catchable. While the West contemplates adding to the regulatory burden of tech companies, China has cleared the way for the likes of Tencent and Alibaba BABA, to innovate.
Facebook launched an official research program in 2009, giving the academic community tightly controlled access to a ballooning set of granular data about social interactions and activity. It quickly became a “holy grail” for social scientists, who have been drawing on it to publish important new findings almost daily. The question now is whether this kind of scientific research will end up being curtailed in the continuing backlash against data-sharing of any sort.
Facebook remains the center of attention over concerns about data privacy and sharing. How are schools reckoning with how they use the social media platform and what data is shared?
According to data security firm Radware, hackers are using the malware to harvest user credentials, payment methods and other information stored on Facebook accounts across the world. The malware masquerades as a painting application called Relieve Stress Paint and had infected more than 40,000 Facebook user accounts in a matter of days, the firm said Wednesday.
Day two of the Facebook CEO’s grilling in Washington, DC, was more aggressive than the first. It gave us a glimpse into what Facebook has done in the past, where it currently stands, and where it is heading next. Here are some of the key points to emerge from his testimony.