Facebook has been fined £500,000 ($910,650) by the United Kingdom today over the Cambridge Analytica scandal. The minuscule fine was the most allowed under the law, but Facebook can probably find that kind of money in its couch cushions. Based on last year’s revenue, Facebook makes that amount in less than 9 minutes of operation.
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Facebook's stunning disclosure of a massive hack on Friday in which attackers gained access tokens to at least 50 million accounts — bypassing security measures and potentially giving them full control of both profiles and linked apps — has already stirred threats of a $US1.63 ($2.26) billion dollar fine in the European Union, according to the Wall Street Journal.
Facebook, the social media giant that recently clocked in at a total valuation of nearly $US600 billion ($808 billion), may soon face the maximum penalties UK authorities have available to punish the company for its role in the Cambridge Analytica data-sharing scandal. And — drumroll, please — it’s £500,000 ($892,940).
Your favourite tech companies are trying to trick you into giving up your data, and a new study shows how they're using design to do it.
For the past month or so, inboxes the world over have been awash with emails about updated privacy policies and new permissions required by the European Union's General Data Protection Regulation (GDPR). You probably haven't been reading those emails, and that's bad news for email marketers.
With the World Cup just a few days away, everyone is trying to figure out the best ways to watch and keep track of their favourite teams. But before you download any apps, here's something to think about: The La Liga app, which is the official streaming app for Spain's most popular football league, has reportedly been using the microphones on fans' phones to root out unauthorised broadcasts of matches in public venues such as bars and restaurants.
Twitter, in an effort to comply with the European Union's privacy-centric General Data Protection Regulation, has begun to suspend accounts belonging users who were under the age of 13 when they first signed up. While the cynic in me is all for Twitter cleansing its service of youths, it isn't exactly implementing age restriction as you might think. In effect, Twitter is engaging in some retroactive account suspension, forcing some users now over 13 to create brand new accounts. Sorry about your personal brand, teens.
In the run-up to the launch of the new GDPR privacy protections, most of the focus has been on how it will affect huge data-mining tech giants like Google and Facebook. But as many people are finding out today, GDPR applies to any site that collects user data or, in the case of publishers like Gizmodo Media Group, displays advertisements that collect this data. What that really means in practice is extremely complicated.
When Mark Zuckerberg testified in front of members of the European Parliament on Tuesday, he insisted that Facebook was ready for Friday, the day when the European Unions's strict new data privacy law went into effect. But users in Europe have already filed complaints against Facebook and others today, saying the tech companies are in violation of the General Data Protection Regulation (GDPR).
The European Union's digital privacy law, known as the General Data Protection Regulation (GDPR), has officially gone into effect. But some websites in the US have decided to block their services entirely rather than adhere to the new regulations. Dozens of US newspapers are currently blocked in Europe and web services like Instapaper have suspended operations in the European Union for the foreseeable future.
Instapaper has informed its European users that it will temporarily cut off their access to the platform starting today. The reason? This Pinterest-owned service needs more than the two years it had to comply with the European Union's new batch of privacy rules that go into effect right now. Sorry, Europe!
"Look, this is bad," Mark Zuckerberg told reporters during an impromptu conference call today. The Facebook CEO spent much of the time taking responsibility for the privacy scandals that have consumed his company recently, but he also pointed out that he's been the victim of fake news. Contrary to a recent Reuters report, he said, new controls for privacy settings required by European law will roll out globally.
Facebook has spent the past few weeks on an apology tour amid the fallout of its Cambridge Analytica data-sharing scandal, in which the company lost control of extensive information on 50 million users harvested without their consent. They have dispatched founder Mark Zuckerberg to recite talking points, shuffled around some privacy settings, recalibrated Zuckerberg's talking points, and in between relatively meaningless other directives, taken out full-page newspaper ads saying sorry (and subtly mentioning they expect other similar incidents to emerge).