Facebook announced on Thursday that "hundreds of millions" of users' passwords had been stored in unprotected plain text accessible by the company's employees. In a blog post titled "Keeping Passwords Secure," the social media giant said it had found no reason to believe the trove of passwords had been abused by its workers or accessed by anyone outside the company.
Facebook is losing its product chief Chris Cox, a top-ranking executive who spent more than a decade at the company, just a week after CEO Mark Zuckerberg announced a major new direction for the social network. The departure, announced Thursday, follows Zuckerberg’s announcement that Facebook FB, -2.46% will shift its emphasis to private messaging over public sharing. The change reflects Facebook’s changing audience and continued problems with serving as a conduit for misinformation and vitriol.
A bipartisan pair of senators on Tuesday introduced legislation that would prevent tech companies from amassing personal information about teenagers without their consent. The bill, introduced by outspoken tech critics Sen. Ed Markey (D-Mass.) and freshman Sen. Josh Hawley (R-Mo.), would prevent internet companies from targeting ads toward children and require the companies to provide more insight into how they collect and use children's data.
U.S. Sen. Elizabeth Warren’s ambitious plan to regulate Facebook, Google and Amazon as utilities and roll back some of their biggest acquisitions, is a giant stake in the ground for the 2020 presidential campaign -- but is it realistic? Would it really have the desired impact on competition and consumers?
Lina Khan, who wrote a semi-viral Yale Law Journal article about Amazon, is in talks to join the staff of the congressional panel overseeing antitrust issues, according to people familiar with the plans. Rep. David Cicilline chairs the panel. She comes from a school of antitrust thinkers who have called for breaking up Facebook.
Facebook deliberately broke privacy and competition law and should urgently be subject to statutory regulation, according to a devastating parliamentary report denouncing the company and its executives as “digital gangsters”. The final report of the Digital, Culture, Media and Sport select committee’s 18-month investigation into disinformation and fake news accused Facebook of purposefully obstructing its inquiry and failing to tackle attempts by Russia to manipulate elections.
“Surveillance capitalism has taken human experience, specifically private human experience, and unilaterally claimed it as something to be bought and sold in the marketplace,” Dr. Zuboff told me during a visit to The Times’s office. “This new kind of marketplace trades in behavioral futures. It’s like a form of derivative. But it’s about us.”
As Facebook deals with the fallout from yet another privacy scandal, it’s worth unpacking how its Research app worked—especially because it serves as a good reminder for other apps you might already be using, particularly virtual private networks. It wasn’t just Facebook: Google also disabled a similar app on iOS devices on Wednesday. Both apps are still available on Android.
Apple said Wednesday that it has banned Facebook from using tools that let businesses control iPhones used by employees, following a news report that the social media giant has been monitoring the browsing habits of teenagers. Reuters reported that Apple took the punitive step a day after TechCrunch published an article saying Facebook has been paying teenagers as young as 13 to install an app called Facebook Research that is used it to monitor their internet browsing habits.
Only one in four Americans want online services such as Facebook and Google to collect less of their data if it means they would have to start paying a monthly subscription fee, according to a new survey from the Center for Data Innovation. Few surveys of Internet users’ attitudes toward online privacy ask about such tradeoffs, so the Center probed Americans’ reactions to a series of likely consequences of reducing online data collection.