Facebook shares rise as tech giant details data collection of non-users


The IT Ministry had shot off notices to both Cambridge Analytica and Facebook on the data breach issue, giving them time till March 31, and April 7, respectively, to respond. Facebook stock has gained about 4.5% since the start of trading since Tuesday morning.

It's a fair point to make, especially since there are some people who didn't realise Facebook collects user data to improve its ads in an attempt to earn more money for itself.

Prodded by the Cambridge scandal, the FTC is now investigating whether Facebook violated their agreement.

Facebook says other companies like Google, Amazon, Twitter and Pinterest also do the same. According to Facebook: "Specific threats to his safety arising directly as a result of his position as our founder, chairman and CEO". Instead, he asserted without elaborating that "the average American uses eight different apps to communicate with their friends and stay in touch with people".

Other people who own Facebook shares have profited as well.

Many people don't realize that your Apps settings on Facebook can also affect your level of privacy.

Top Facebook executives are appearing before the Oireachtas Committee on Communications. So when a website uses one of our services, your browser sends the same kinds of information to Facebook as the website receives.

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In exchange, the website sends back the content on its site and instructions for the browser to send the user's request to the other companies providing content or services on the site.

University of Essex propaganda researcher Emma Briant also gave information to the parliamentary committee, and said that Cambridge Analytica used false statements and anti-Muslim messages in swing states. "Don't say we already do what GDPR requires", one passage from his cheat sheet reminded him.

Some companies, such as Apple, have already made a virtue out of how prepared they are and Facebook is being urged to extend any GDPR practices it has on a global basis, not just within the European Union, because a huge proportion of its 2.2bn users live in countries that don't exactly have benevolent regimes. Details were also sought on the methods used by the company to acquire such data and whether consent was taken from users. It's not a direct answer but still Facebook tries to provide some information, and downplays the whole thing. When people log in to their Facebook accounts to log into another website or app, the Social Network collects crucial information from their online behaviour.

If you divide Facebook's monthly income from North America by the number of users, you end up with $7.

Zuckerberg later said such regulation is inevitable.

"So the average for non-Facebook platforms is 1,500", the congressman said.

Zuckerberg knows this is a threat to his business, so he offered to "extend" the GDPR to the U.S. However, when questioned about the extent to which Facebook would "voluntarily" extend these protections, he was vague. very vague. "It's about beginning to question the types of information they have about you, beginning to question the transparency of the data that you share across all platforms, not just Facebook".

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