Tag Archives: user

Facebook independent research commission, Social Science One, will share a petabyte of user interactions

Back in April, Facebook announced it would be working with a group of academics to establish an independent research commission to look into issues of social and political significance using the company’s own extensive data collection. That commission just came out of stealth; it’s called Social Science One, and its first project will have researchers analyzing about a petabyte’s worth ...

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Twitter’s CFO clarifies that its second-quarter user metrics won’t be affected by fake account purge

After a Washington Post report last week that Twitter’s fake account purge might affect its second-quarter user numbers, Twitter’s chief financial officer said on Monday that the clean-up will not affect its metrics. In a tweet, Ned Segal explained that most of the suspended accounts were less than 30 days old or caught at sign up and therefore never counted. ...

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DNA testing service reveals 92mn user accounts have been breached

Genealogy and DNA testing service My Heritage has revealed that the details of more than 92 million user accounts have been compromised in a cybersecurity breach. Emails and hashed passwords of users who registered for the service, up to and including October 26, 2017 – the date of the breach, were found on a private server, the company confirmed Monday. ...

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How much: Facebook user puts personal data up for sale to highest bidder

An entrepreneurial Facebook user who tried to cash in on his own data, by putting it up for auction on Ebay, appears to have had his pioneering plan stopped in its tracks. Oli Frost posted an advert to Ebay on Saturday offering the entire contents of his downloaded Facebook file to the highest bidder. “Everyone else’s making money off it, ...

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Kim Dotcom threatens Twitter class action over user password exposure

Kim Dotcom has threatened to sue Twitter in a class-action lawsuit after the social network admitted to accidentally storing its users’ passwords after an “internal glitch.” Twitter urged their 330 million users to change their passwords on Thursday after discovering a “bug,” which stored their users’ unmasked passwords in an internal log for months. They didn’t specify exactly how many ...

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Facebook beats in Q1 and boosts daily user growth to 1.45B amidst backlash

Amongst massive criticism over data privacy, Facebook showed the resiliency of its advertising machine by beating Wall Street’s $ 11.41 billion revenue estimate in its Q1 2018 earnings report by raking in $ 11.97 billion in revenue with $ 1.69 EPS compared to the $ 1.35 estimate. Facebook added 48 million daily active users to hit 1.449 billion, up 3.42 ...

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Facebook warns GDPR could flatten or reduce European user count

Europe’s sweeping privacy law GDPR goes into effect May 25th, and Facebook is being forced to push users through new agreements to terms of service changes required to comply with the law. That’s why during today’s successful Q1 2018 earnings report call, Facebook CFO David Wehner warned that “we believe MAU or DAU might be flat or down in Q2 ...

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Facebook begins blocking apps from accessing user data after 90 days of non-use

Facebook has rolled out a change that limits apps’ ability to access users’ data. The change comes hours before Facebook CEO Mark Zuckerberg’s testimony before Congress where it’s expected he will have to answer questions about how the company handles its users’ personal information, in wake of the Cambridge Analytica scandal which saw the personal data of 87 million Facebook users ...

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Snowden: Facebook a ‘surveillance company’ that collects and sells user data

NSA whistleblower Edward Snowden tweeted Saturday that Facebook is a “surveillance company” that sells its users’ personal details, weighing in on a scandal involving a private firm that harvested data from the social media giant. “Businesses that make money by collecting and selling detailed records of private lives were once plainly described as ‘surveillance companies,’” wrote the former National Security ...

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Bitcoin plunges below $10,000 as major crypto exchange to share user details with US tax authorities

The cryptocurrency market, led by bitcoin, plummeted after US-based exchange Coinbase said it would hand over the data of nearly 13,000 of its customers to the US Internal Revenue Service (IRS). Bitcoin, the world’s number one digital currency, was trading at slightly over $ 9,529 at 8:21am GMT on Monday, off last week’s peak of $ 12,000. The virtual currencies ...

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