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.
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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