Facebook's push to gain access to users' banking data and other sensitive financial information could help make online banking more efficient - or it could backfire among those skeptical that the world's biggest social network can reliably safeguard personal data. The site has joined a growing race among big technology companies seeking private information once regarded as off-limits: users' checking-account balances, recent credit card transactions and other facts of their personal finances and everyday lives. Facebook said this week that it had proposed data-sharing partnerships with banks and credit card companies that would allow users to access their personal account information from within the social network's messaging service, Facebook Messenger, as an alternative to speaking with customer service representatives or automated chatbots on the companies' banking or credit sites. Facebook said the data would not be shared with marketers or used for ad-targeting purposes, and no … [Read more...] about Your banking data was once off-limits to tech companies. Now they’re seeking it.
Analyze your facebook profile
The New York Times Facebook has filed thousands of patent applications since it went public in 2012. One of them describes using forward-facing cameras to analyze your expressions and detect whether you’re bored or surprised by what you see on your feed. Another contemplates using your phone’s microphone to determine which TV show you’re watching. Others imagine systems to guess whether you’re getting married soon, predict your socioeconomic status and track how much you’re sleeping. A review of hundreds of Facebook’s patent applications reveals that the company has considered tracking almost every aspect of its users’ lives: where you are, who you spend time with, whether you’re in a romantic relationship, which brands and politicians you’re talking about. Facebook has said repeatedly that its patent applications should not be taken as indications of future product plans. “Most of the technology outlined in these … [Read more...] about What 7 Creepy Patents Reveal About Facebook
Last Updated Dec 16, 2017 10:55 PM EST CBS News correspondent Anne Marie Green writes about how she came across this story, and the Angie Dodge murder investigation, which she reported for "48 Hours" in"The DNA of a Killer." I first learned about the 20-year-old murder of Angie Dodge in a roundabout way, after getting my DNA analyzed by one of those commercial DNA databases. When I got my results back I was not surprised. There were no big revelations and, just as I suspected, I am not related to royalty. But I did wonder if I could learn anything more from the DNA report. That search sent me down a rabbit hole that lead me to the story of Michael Usry Jr., a young filmmaker who became a suspect in the Angie Dodge murder investigation. After getting my DNA report I learned that there are a number of genealogy sites, educational institutions and companies that are willing to offer you further insight into what your DNA may reveal, as long as you're willing to upload your DNA … [Read more...] about How safe is your DNA?
Press play to listen to this article By RYAN HEATHwith ZOYA SHEFTALOVICH PRESENTED BY UNESDA, SOFT DRINKS EUROPE Send tips here | Tweet @florianeder | Listen to today’s Playbook and view in your browser Honeys, I’m home! For one morning only, it’s Ryan Heath back in the Playbook hot seat, and what a week for it. Today the European Parliament was supposed to launch its one-year countdown to the 2019 European election. The prospect of a closed-door chat with Mark Zuckerberg (now to be liverstreamed!) got in the way, so the election kick-off shifted to Wednesday. The EU’s planned data party — the implementation of the EU’s General Data Protection Regulation — goes ahead as scheduled Friday. It’s EU Green Week, which could be appropriate given Italy’s incoming populist government has put forward Giuseppe Conte for prime minister. Few have heard of Conte, who is an academic, not a politician. That other political … [Read more...] about POLITICO Brussels Playbook, presented by UNESDA, Soft Drinks Europe: Facing down Facebook — Giuseppe who? — Where EU staffers are educated
Facebook and its CEO Mark Zuckerberg are in a whale of trouble and not just because the company has lost tens of billions of dollars in market value in recent weeks. We now know that during years of essentially policing itself, Facebook allowed Russian trolls to buy U.S. election ads, advertisers to discriminate by race, hate groups to spread fake news and, because facebook shirked privacy concerns, a company called Cambridge Analytica was able to surreptitiously gain access to personal data mined from as many as 87 million Facebook users. "If I had any inkling that what we were going to do was going to destroy my relationship with Facebook, I would've never done it." The man who mined that data for Cambridge Analytica is a scientist named Aleksandr Kogan. He's at the center of the Facebook controversy because he developed an app that harvested data from tens of millions of unwitting Facebook users. Lesley Stahl: The main infraction, the main charge is that you sold the data. … [Read more...] about Aleksandr Kogan: The link between Cambridge Analytica and Facebook