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Facebook Investors Appear To Heed Warnings About Privacy Headwinds, Analysts Say Keep Buying
Thursday, January 30, 2020 - 3:21pm | 834Read More...Facebook Inc. (NASDAQ: FB) keeps warning about looming headwinds for its stock because of concerns about how it deals with users' privacy. But Facebook's revenue and user base just keep growing. Investors appeared to share Facebook's more cautious outlook on Thursday, selling...
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How Google's Fitbit Acquisition Is Already Posing Some Problems
Monday, November 18, 2019 - 11:28am | 400Read More...A certain number of Fitbit Inc (NYSE: FIT) users aren't happy the fitness tracker and smartwatch maker sold itself to Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), according to CNBC. What Fitbit Users Are Saying Alphabet's Google unit said in November it will buy Fitbit in a $2.1 billion...
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Microsoft The Latest To Be Criticized For Using Humans To Listen To User Audio
Thursday, August 22, 2019 - 11:06am | 465Read More...Microsoft Corporation (NASDAQ: MSFT) is the latest tech company to be criticized for using humans to review audio captured through devices, raising more privacy concerns about in-home tech. Vice reported that contractors working for Microsoft were paid to listen to audio from Xbox users in the...
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WSJ: More Government Scrutiny Coming For Big Tech Companies
Tuesday, July 23, 2019 - 5:34pm | 379Read More...The big tech companies that dominate internet search, online shopping and social media will come under more scrutiny with the Justice Department reportedly broadening a government investigation into the sector. What Happened The Wall Street Journal reported Tuesday afternoon that the Department of...
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Equifax To Pay Up To $700M Settlement Charge Related To 2017 Cyber Breach
Monday, July 22, 2019 - 8:44am | 385Read More...Equifax Inc. (NYSE: EFX) confirmed it reached a settlement with U.S. regulators related to its 2017 cybesecurity incident that affected at least 145 million people. What Happened The consumer credit reporting agency said it will pay at least $300 million and potentially up to $425 million in fees...
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Google CEO Says Privacy Should Be Equally Available To All In NYT Op-Ed
Wednesday, May 8, 2019 - 4:48pm | 558Read More...Google CEO Sundar Pichai wrote in a New York Times op-ed Tuesday that privacy is "one of the most important topics of our time" and said privacy is not a "luxury good." What Happened There is no widely held definition of privacy, which implies companies should make it clear...
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Careful What You Say Around Alexa: Someone Might Be Listening
Thursday, April 11, 2019 - 10:25am | 490Read More...Is someone listening to your private conversations? Amazon.com, Inc. (NASDAQ: AMZN) has thousands of people on its payroll whose job it is to listen to voice recordings that its Echo devices pick up, according to a Wednesday Bloomberg report. What Happened Bloomberg, citing multiple...
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Facebook's Zuckerberg Presents 'Privacy-Focused Vision'
Thursday, March 7, 2019 - 10:55am | 466Read More...Facebook, Inc. (NASDAQ: FB) co-founder and CEO Mark Zuckerberg shared his "vision and principles" for a privacy-focused messaging and social networking platform in an open Facebook post Wednesday. What Happened Facebook and its sister social media platform Instagram represent the...
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Apple Is The 'Better Mind' In The Tech Space, Pro Says
Monday, February 4, 2019 - 2:52pm | 471Read More...Apple Inc. (NASDAQ: AAPL) deserves credit for disabling Facebook, Inc. (NASDAQ: FB) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s internal applications due to privacy violations, according to Common Sense Media CEO Jim Steyer. What Happened Last week, Apple temporarily removed the...
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Apple's Tim Cook Takes On Silicon Valley, Bloomberg
Wednesday, October 24, 2018 - 12:17pm | 674Read More...Apple Inc. (NASDAQ: AAPL) is fighting a two-front battle: one against Silicon Valley pertaining to privacy issues and one against Bloomberg for what CEO Tim Cook said is a false story. 'This Is Surveillance' Companies who hoard large amounts of personal data from its users are guilty...
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Report: Google Tried To Cover Up A Data Breach
Monday, October 8, 2018 - 2:17pm | 488Read More...Alphabet Inc. (NASDAQ: GOOGL)’s social networking platform, Google+, was launched in 2011 as a way to compete against key players like Facebook, Inc. (NASDAQ: FB). Google said Monday that a software glitch in the site allowed outsiders access to private profile data between 2015 and 2018...
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Why Facebook's Recent Hack Is 'Much Worse' Than Cambridge Analytica
Tuesday, October 2, 2018 - 11:09am | 419Read More...Facebook, Inc. (NASDAQ: FB) confirmed it was the victim of a hack that allowed unauthorized people to control around 50 million accounts. The revelation comes at a time when the Cambridge Analytica scandal is still fresh in many investors' minds, but there are a few key differences between...
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2 Pros Talk Facebook Earnings
Thursday, July 26, 2018 - 10:45am | 522Read More...Heading into Facebook, Inc. (NASDAQ: FB)'s second-quarter earnings report Wednesday, the market had "emphatically voted" that prior privacy scandals had passed, according to Exponential ETFs' Josh Blechman. The Pros Blechman, director of capital markets at Exponential...
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Analyst: Negative Press, Privacy Scandal Won't Keep Facebook From Having A Solid Quarter
Friday, July 20, 2018 - 1:14pm | 360Read More...Heading into Facebook, Inc. (NASDAQ: FB)'s earnings report, investors shouldn't be concerned with any impact from recent negative press related to privacy issues, according to Wedbush. The Analyst Wedbush's Michael Pachter maintains an Outperform rating on Facebook's stock with an...
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Facebook Says Work Is Underway On A 'Clear History' Feature
Tuesday, May 1, 2018 - 4:01pm | 340Read More...Facebook, Inc. (NASDAQ: FB) announced Tuesday it plans to build a "clear history" feature for its social media platform. What Happened It's clear that Facebook users want more information about how the app works and how their information is controlled, Erin Egan, the company...















