Published: Tue, April 17, 2018
Money | By Armando Alvarado

How Facebook designates 'your data' and targets ads at every single user

How Facebook designates 'your data' and targets ads at every single user

This didn't sit well with the lawmakers in Congress, who might draft regulations to be applied against the social media app and others of its ilk. The Data Abuse Bounty, inspired by Facebook's existing bug bounty program, will help the platform identify violations of its security and privacy policies.

Privacy concerns have swamped Facebook since it acknowledged last month that information about millions of users wrongly ended up in the hands of political consultancy Cambridge Analytica, a firm that has counted U.S. President Donald Trump's 2016 electoral campaign among its clients. The scandal erupted last month with headlines detailing how a data analytics firm, Cambridge Analytica, was able to harvest information about 87 million users. The GDPR prohibits the collection and/or use of any personal identifying data (including IP addresses) unless the user consents, and even then, the use is limited to the goal for which the data is collected in the first place.

But that isn't the real problem here. The notification, which appears on top of your News Feed, redirects users to Settings where they can see the apps and websites they've logged in using Facebook. It won't turn back the clock.

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Wen said that, although he believes that the Facebook boycott wasn't successful, its intention was reasonable. The letter cited multiple studies and surveys to point out that "social media use by teens is linked to significantly higher rates of depression".

The Montgomery Global Funds own shares in Facebook and Alphabet.

FOX news host Sean Hannity revealed as Michael Cohen's third mystery client
He also listed in broad terms his legal work in the dozen years before he began working for the Trump Organization in 2007. A gasp was heard in the courtroom when a Cohen lawyer disclosed the name of the third client: Sean Hannity .

And Facebook seems to have finally admitted it. This was revealed by Carolyn Everson, Facebook VP of global marketing solutions who said, "We have not seen wild changes in behavior with people saying I'm not going to share any data with Facebook anymore". Despite the many advantages of the first kind - digital goods - people value and are willing to pay more for the latter - physical goods.

Facebook has been scrambling to become GDPR compliant before the regulation takes into effect on May 25, 2018.

According to the law, organisations will be held accountable for the personal data they collect from people. Fox Business reported that the CEO wants to reassure its users that Facebook is an "idealistic and optimistic company". Definitely, but only to citizens of the European Union - because their laws (will now) demand it.

CCFC, along with a coalition of several organisations, complained to the U.S. Federal Trade Commission (FTC) on April 9 against Google and YouTube for violation of the Children's Online Privacy Protection Act. This comes after reports surfaced that a Russian agency had been giving out information gathered from users' information.

Since then, however, one Republican ad consultant says he has gotten around the clampdown by simply placing Facebook ads that direct users to sign petitions on sites outside the social network.

However, for those who are - the future could go one of three ways: join the #DeleteFacebook movement, watch what you're sharing and be very careful "granting permissions" to apps and software - whether on your phone or otherwise, or just make sure you're paying for the services you're consuming. Just for the month of January 2017, Facebook had to assess almost 54,000 potential cases of revenge pornography and "sextortion", disabling more than 14,000 accounts and with 33 cases reviewed involving children.

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