I have read that if the president were to fire the prosecutor it will lead to civil unrest. Civil unrest organized via social media. It’s going to be like shooting a fish in a ...
Facebook is facing an existential crisis ... been trying to warn kats about Facebook for a Year Now
- Thread starter fonzerrillii
- Start date
Bottom line, ambivalence to privacy in the larger lexicon of american citizens, will make this a non story unless it is overtly pushed.
@Camille I will go on other posts and SNAP, but I am very selective about what I post.
Truthfully for the impact I wish to have, Twitter is a better platform for me, too.
I LOVE my facebook groups and product pages, though, because it lets me know what is current and what is next.
@Camille I will go on other posts and SNAP, but I am very selective about what I post.
Truthfully for the impact I wish to have, Twitter is a better platform for me, too.
I LOVE my facebook groups and product pages, though, because it lets me know what is current and what is next.
Sadly, that’s the bottom line. Attention is a drug.
Big fan of this dude and his site.
Scott Galloway is always spittin' truth regarding FB and all things digital and brand.
Yo they said FB is facing a violation of $40k per user.. That’s a $2 trill violation, that shit will effectively bankrupt FB
Never had Facebook
I think FB will be broken up and regulated to high hell.. IG and WhatsApp will break off into independent companies
I hope Zuckerberg bitch ass see a jail cell
Fam shit was down right egregious
Remember Zuckerberg was going on a nation wide listening tour hinting at a potus run in 2020? This Jew fuck really thought he was the plug, he was going to use the same shit he knowingly helped the trump campaign do... and to think CA was pulling this fuckery around the world
Just saw that the UK took out a warrant to seize the servers of the Cambridge analytics company and I’m interested to see if anything about the facebook data will be on there.
This issue is intriguing.
This is what I’ve been warning people about... I remember I had to send a subpoena to google for the internet search history of a witness on a criminal case.... I lost the fight on that subpoena but the things I learned about their data storage turned me white... it’s fucking crazy.
Completely agree... it’s all ready too late for the most of us.
Man listen. I was in a meeting with Facebook and one of my clients was having trouble with their corporate Facebook page. Dude from FB was like no problem and back doored into the site with a few clicks FROM HIS FUCKING LAPTOP.
That happened in 2010 and I've kept it generic on FB ever since.
Completely agree and this is my point... because of how they expanded and their need to generate income they became the exact same thing that Zuckerberg was bitching about Myspace ......
Fuck facebook is in trouble
Yeah... I found out this one in 2011.. my last case.. Defendant deleted FB app from phone in 2010 and deleted his account .. detectives with a court order got all of dudes information a year later and even got photos of dude with hand guns from his profile page. Facebook originally said that they didn’t store his deleted profile information... turns out they keep everything. It’s just tough to get but shockingly easier then getting old text messages from a phone.
Damn there’s more video dropping today
Damn I forgot that facebook was put on privacy probation back in 2011.... that’s why they made all those privacy changes.
When I say the white man is the devil Facebook block me for 30 damn days
Naw. Myspace was never going to last because the platform was horribly coded. It was like friendster. It was always going to be pushed out of the market by an engineering-driven company that built a better platform. As a business, facebook is fine.
but they are about to go through the ringer like Microsoft did. It's going to be ugly.. but the reality is that they'll get regulated and like I posted in my first reply, regulating the monopoly player (and thus the market) tends to benefit the monopoly player because it makes it more expensive to comply with regulations and typically the monopoly has the advantage in that department.
But legal bills about to get stupid though
Zuckerberg was out the touring for his Presidential bid... he knew, more than anyone, how good Facebook worked for political campaigns
Naw. Myspace was never going to last because the platform was horribly coded. It was like friendster. It was always going to be pushed out of the market by an engineering-driven company that built a better platform. As a business, facebook is fine.
but they are about to go through the ringer like Microsoft did. It's going to be ugly.. but the reality is that they'll get regulated and like I posted in my first reply, regulating the monopoly player (and thus the market) tends to benefit the monopoly player because it makes it more expensive to comply with regulations and typically the monopoly has the advantage in that department.
But legal bills about to get stupid though
Zuckerberg was out the touring for his Presidential bid... he knew, more than anyone, how good Facebook worked for political campaigns
Facebook isn't going to go away anytime soon because it makes too much money and makes it way too easy to reach people for advertising. I can run a video ad on Facebook and get the same kind of numbers when it comes to the amount of people seeing it in the amount of awareness that I would get by running an ad on television and not just television broadcast television. Facebook is the only other platform that has that kind of size in one spot. So for someone like me who advertises for a living it's so easy and essential to use Facebook because I can Target based on Age based on location based on types of things that people like and still reach millions of people.
yeah. nothing is ever deleted.
people think that text messages are deleted after some set period of time. they are not.
source: i used to work for att.
They have the dominant position in a massive, lucrative market and no real competitors and they own the dominant platforms that could have challenged them (IG + Whatapp). Besides Asia and a few random countries, FB reigns supreme.
But this CA shit is about to put them through the ringer. Zuckerberg fucked up big time with this one.
Yeah. When you delete accounts on the web, it just means you decline access to it and it's not "publicly" available. Rarely do companies actually do a hard delete on their serves and completely delete your data.
Naw. Myspace was never going to last because the platform was horribly coded. It was like friendster. It was always going to be pushed out of the market by an engineering-driven company that built a better platform. As a business, facebook is fine.
but they are about to go through the ringer like Microsoft did. It's going to be ugly.. but the reality is that they'll get regulated and like I posted in my first reply, regulating the monopoly player (and thus the market) tends to benefit the monopoly player because it makes it more expensive to comply with regulations and typically the monopoly has the advantage in that department.
But legal bills about to get stupid though
Zuckerberg was out the touring for his Presidential bid... he knew, more than anyone, how good Facebook worked for political campaigns
Definitely agree on the regulation part.. but CNN posted something that I think will impact them. What happens if Congress puts a clamp on Data sales to the point that it effects profitability.
Facebook is facing a crescendo of questions about how user data was harvested for political purposes as investors dumped its stock for a second day over the risk the scandal poses to its business.
Claims by The New York Times and UK media that Cambridge Analytica tried to influence how Americans voted using information improperly gleaned from 50 million Facebook users have already seriously hurt its brand.
The London-based data analysis firm worked on President Donald Trump's campaign. It has denied the claims and says it did not use Facebook data in the 2016 campaign.
Facebook was holding a staff meeting Tuesday to address questions about the Cambridge Analytica scandal and the company's policies on data protection, two sources with knowledge of the matter told to CNN.
The US Federal Trade Commission declined to comment on a Bloomberg report that it is investigating Facebook but said in a statement it was aware of the issues that have been raised.
"We take any allegations of violations of our consent decrees very seriously," it added, referring to the promises of privacy companies make to their users.
An undercover TV report Monday suggesting that Cambridge Analytica was prepared to consider using bribes and entrapment to create videos for clients it could then post to the internet to sway voters is also turning up the heat.
Cambridge Analytica says it does not engage in bribery or entrapment and says the Channel 4 News report was a misrepresentation of how the company conducts its business.
Facebook says the user data in question was initially properly gathered by a psychology professor, who then passed it to Cambridge Analytica. That breached Facebook's rules.
Cambridge Analytica says it deleted all the data in 2015 when it learned that Facebook rules had been broken. It has agreed to an inspection by Facebook-hired auditors, Facebook said Monday.
Facebook (FB) shares suffered their biggest one-day fall in four years on Monday wiping $37 billion off the company's value. They fell again on Tuesday, dropping 6%.
"What matters for this stock, at this time, are the headlines," wrote analysts at Macquarie Capital.
Facebook CEO Mark Zuckerberg hasn't commented publicly since the scandal broke late on Friday.
But the questions of data privacy thrown up by the scandal strike at the heart of Facebook's business, which relies on more than 1.4 billion users engaging with the platform each day.
Every time they do, they share a bit of information about themselves: what they like, who their friends are, what they want to watch. That data is the product Facebook sells to advertisers who want to target specific customers.
If the Cambridge Analytica scandal leads to tougher data protection regulations -- as some policymakers are demanding -- or puts people off sharing as much about themselves online, that could hurt Facebook's revenue, and that of all social media platforms. (Other tech stocks suffered in Monday's sell-off too.)
More bad news could emerge later Tuesday. Channel 4 News will broadcast a new report at 3:00 p.m. ET on Cambridge Analytica's work in the United States.
Meanwhile, Zuckerberg is facing calls to testify before lawmakers in the United States and United Kingdom.
"The American people deserve answers about social media manipulation in the 2016 election," tweeted Senator Mark Warner.
Damian Collins, chair of the UK parliament's media committee, requested on Tuesday that the CEO give evidence about Facebook's connection to Cambridge Analytica.
UK data protection officials are seeking a warrant to enter Cambridge Analytica's offices in London to inspect its servers and systems. They are also examining Facebook's response to the unauthorized use of its data.
"We're looking at whether or not Facebook secured and safeguarded personal information on the platform and whether when they found out about the loss of the data they acted robustly and whether people were informed," Information Commissioner Elizabeth Denham told BBC radio on Tuesday.
In a statement on Tuesday, Cambridge Analytica says it has been cooperating with the Information Commissioner's office on a number of matters, including the Facebook data, since early 2017 and offered to share "all the information it has asked for."
The European Union parliament has also said it will investigate.
"Only dictatorships impede social networks or block them, but a democracy must provide social networks with rules that prevent them from using citizens' private data against their will," said European Parliament President Antonio Tajani.
"This is why we ... have to be very strict, understand what happened, how a company that works with Facebook has used personal information for private interests, then we need to intervene. We need rules for this."
-- CNN's Dylan Byers, Sherisse Pham, Nelli Black, Carol Jordan, Lindsay Isaac, Simon Cullen and Nada Bashir contributed to this article.
http://money.cnn.com/2018/03/20/technology/facebook-data-scandal-deepens/index.html
If the Dems do take the house or Senate... I would not be surprised that we start seeing a wave of tougher data protection regulations.
Claims by The New York Times and UK media that Cambridge Analytica tried to influence how Americans voted using information improperly gleaned from 50 million Facebook users have already seriously hurt its brand.
The London-based data analysis firm worked on President Donald Trump's campaign. It has denied the claims and says it did not use Facebook data in the 2016 campaign.
Facebook was holding a staff meeting Tuesday to address questions about the Cambridge Analytica scandal and the company's policies on data protection, two sources with knowledge of the matter told to CNN.
The US Federal Trade Commission declined to comment on a Bloomberg report that it is investigating Facebook but said in a statement it was aware of the issues that have been raised.
"We take any allegations of violations of our consent decrees very seriously," it added, referring to the promises of privacy companies make to their users.
An undercover TV report Monday suggesting that Cambridge Analytica was prepared to consider using bribes and entrapment to create videos for clients it could then post to the internet to sway voters is also turning up the heat.
Cambridge Analytica says it does not engage in bribery or entrapment and says the Channel 4 News report was a misrepresentation of how the company conducts its business.
Facebook says the user data in question was initially properly gathered by a psychology professor, who then passed it to Cambridge Analytica. That breached Facebook's rules.
Cambridge Analytica says it deleted all the data in 2015 when it learned that Facebook rules had been broken. It has agreed to an inspection by Facebook-hired auditors, Facebook said Monday.
Facebook (FB) shares suffered their biggest one-day fall in four years on Monday wiping $37 billion off the company's value. They fell again on Tuesday, dropping 6%.
"What matters for this stock, at this time, are the headlines," wrote analysts at Macquarie Capital.
Facebook CEO Mark Zuckerberg hasn't commented publicly since the scandal broke late on Friday.
But the questions of data privacy thrown up by the scandal strike at the heart of Facebook's business, which relies on more than 1.4 billion users engaging with the platform each day.
Every time they do, they share a bit of information about themselves: what they like, who their friends are, what they want to watch. That data is the product Facebook sells to advertisers who want to target specific customers.
If the Cambridge Analytica scandal leads to tougher data protection regulations -- as some policymakers are demanding -- or puts people off sharing as much about themselves online, that could hurt Facebook's revenue, and that of all social media platforms. (Other tech stocks suffered in Monday's sell-off too.)
More bad news could emerge later Tuesday. Channel 4 News will broadcast a new report at 3:00 p.m. ET on Cambridge Analytica's work in the United States.
Meanwhile, Zuckerberg is facing calls to testify before lawmakers in the United States and United Kingdom.
"The American people deserve answers about social media manipulation in the 2016 election," tweeted Senator Mark Warner.
Damian Collins, chair of the UK parliament's media committee, requested on Tuesday that the CEO give evidence about Facebook's connection to Cambridge Analytica.
UK data protection officials are seeking a warrant to enter Cambridge Analytica's offices in London to inspect its servers and systems. They are also examining Facebook's response to the unauthorized use of its data.
"We're looking at whether or not Facebook secured and safeguarded personal information on the platform and whether when they found out about the loss of the data they acted robustly and whether people were informed," Information Commissioner Elizabeth Denham told BBC radio on Tuesday.
In a statement on Tuesday, Cambridge Analytica says it has been cooperating with the Information Commissioner's office on a number of matters, including the Facebook data, since early 2017 and offered to share "all the information it has asked for."
The European Union parliament has also said it will investigate.
"Only dictatorships impede social networks or block them, but a democracy must provide social networks with rules that prevent them from using citizens' private data against their will," said European Parliament President Antonio Tajani.
"This is why we ... have to be very strict, understand what happened, how a company that works with Facebook has used personal information for private interests, then we need to intervene. We need rules for this."
-- CNN's Dylan Byers, Sherisse Pham, Nelli Black, Carol Jordan, Lindsay Isaac, Simon Cullen and Nada Bashir contributed to this article.
http://money.cnn.com/2018/03/20/technology/facebook-data-scandal-deepens/index.html
If the Dems do take the house or Senate... I would not be surprised that we start seeing a wave of tougher data protection regulations.
They don't really sell data so it wouldn't impact them. They just use the data to help advertisers do better targeting.
I think the bigger issue right now is "how far does this go?". Right now it just looks like FB was lazy and careless with user data. They'll pay a big fine and maybe deal with some regulation, etc and eventually move on but with a PR black eye.
However, if this is just the beginning and we learn that Facebook played a real role in this, they're fucked because CA didn't just do this in the UK and the U.S... it's gonna come up they did this in more countries... it's already being leaked they managed a campaign in Africa.
The CTO stepped down last night. Zuck and Sandy have been able to stay super clean on shit while theyve been running this company.... we'll see if they escape this.
Similar threads
