Wednesday, 25 April, 2018

Facebook has spent $20M on Zuckerberg's security since 2015

Mr Zuckerberg said he is willing to fix the problems in Facebook even if that requires a substantial investment. Aaron P. Bernstein  Reuters Mr Zuckerberg said he is willing to fix the problems in Facebook even if that requires a substantial investment. Aaron P. Bernstein Reuters
Lori Graves | 17 April, 2018, 18:39

How does Facebook use the data? One of the conditions that app came attached with was that its developer could save any and all data sourced from one's voluntary use of the game. These services include Like and Share button, Facebook login details, Facebook Analytics and lastly the Facebook ads and measurement tools that enable websites and apps to show ads from Facebook advertisers. In an official blog post, published on 16 April, Facebook throws light on the objective and nature of data it is collecting from third party websites and apps which are using their various engagement tools.

In a post, David Baser, Product Management Director at Facebook, wrote: "Apps and websites that use our services, such as the Like button or Facebook Analytics, send us information to make their content and ads better".

Other companies, including Twitter (NYSE:TWTR), Pinterest and LinkedIn (NASDAQ:MSFT) have similar setups, Facebook says.

To sum up the story, Cambridge Analytica worked with an independent mobile app creator to create a general mobile app that went on to be used by millions of Facebook users.

Above the link, users who may have been affected by the data scandal will see the message: "We have banned the website 'This is Your Digital Life, ' which one of your friends used Facebook to log into".

"Many companies offer these types of services and, like Facebook, they also get information from the apps and sites that use them".

Following the US Congressional hearing last week where CEO Mark Zuckerberg was grilled about Facebook's data gathering and sharing practices, the social media network is trying to limit the damage by explaining how its various data collection policies work.

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Google has its own Analytics service. He also reportedly shared the number of ways by which the social media giant gathers the data about web-users, along with pointing at Google, Twitter and Amazon and others for tracking users and their data.

When you visit a website, the browser you use sends a request to the site's server.

Asked if people could opt out, Facebook added, "There are basic things you can do to limit the use of this information for advertising, like using browser or device settings to delete cookies. We also get information about which website or app you're using, which is necessary to know when to provide our tools".

Facebook is calling it the Data Abuse Bounty.

The "we don't sell data" party line was uttered several times during Facebook CEO Mark Zuckerberg's appearance before Congress.

Baser clarified that the data received from other websites and apps also helped Facebook improve the content and ads shown on the social networking site.

The ACLU is pushing USA lawmakers to enact broad privacy legislation including a requirement for consent prior to data collection. If you give me those things, I'll give you what you want.

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