Tuesday, November 08, 2016

Something that will spread globally or will Facebook find a way to get user consent? 
Facebook halts Whatsapp data sharing in the UK
Facebook has agreed to stop using WhatsApp data to target users with advertising in the U.K. and has been warned could face legal action if it resumes the practice.
The agreement is an initial victory for Information Commissioner Elizabeth Denham, who launched an inquiry into the data sharing earlier this year after expressing concern that user data was not being properly protected.

"I don’t think users have been given enough information about what Facebook plans to do with their information, and I don’t think WhatsApp has got valid consent from users to share the information," she said in a statement on Monday.
Facebook acquired WhatsApp for $22 billion in 2014 and has been using information from the service to help target advertising on its main social network.

Perspective.  I also saw a brief TV commercial from Wells Fargo that apologized for their bogus account creations.  I think neither are enough.
Samsung runs full-page apology ads over Galaxy Note 7 recall

I’m not sure this is true, but if the Wall Street Journal says it is, then I have to consider it.
Group Chat Emerges as the Hottest Thing in IT

Interesting.  Are the voters finally tired of bailing out failed companies?
Taxpayer bailouts for banks 'too big to fail' to end by 2022
The regulations will force banks to hold enough money from their investors to absorb losses without help from the taxpayer.
If any bank does face collapse, the funds will be spent to finance an orderly wind-down.

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