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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

It’s a sad consequence, but there is no other way [to communicate].”. As technology proves its value to the senior community during the Covid-19 crisis, digital infrastructure is likely to become a permanent fixture of senior care, both in-home and in care facilities. Source: CNN Business.

Industry 101
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Consumer Groups Plan Complaint Over Facebook’s Facial Recognition

PYMNTS

The groups contend the technology violates the privacy of the social media platform’s users, Reuters reported. In 2011, EPIC lodged complaints against Facebook, and the social media platform ended up settling those charges related to privacy with the FTC. As those claims circulated, U.S.

Groups 110
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Cambridge Analytica May Have Had Data On 87 Million Facebook Users

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Following estimates from two newspapers that the Facebook data of more than 50 million users may have been improperly shared with Cambridge Analytica , the social media platform said that figure could be higher. legislators asked Mark Zuckerberg to testify about Cambridge Analytica’s alleged misuse of the social media platform’s data.

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Facebook Reportedly Asks Banks To Share Customer Data

PYMNTS

The social media platform doesn’t plan to share the information with other parties or use the data to target ads to its users. “We We don’t use purchase data from banks or credit card companies for ads,” Elisabeth Diana, head of global corporate communications for Facebook, told the WSJ. As those claims circulated, U.S.

Data 103
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Facebook Employees Knew About Data Scraping

PYMNTS

When Congressman Mike Doyle asked Mark Zuckerberg if the company was aware of Cambridge Analytica’s use of data on the social media platform because of a Guardian article from December 2015, however, the executive reportedly replied with a “yes” in April 2018. And the company “repeated the same line to the U.K.’s

Data 108
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Half Of Facebook Users Report Privacy Concerns Over Sharing Content

PYMNTS

As far as Cambridge Analytica is concerned, the firm has made some pretty big claims — namely, that it can take raw personality data from a subset of voters and develop complex models of individuals, which campaigns can then use to target and micro-target voter communities to help move elections their way. As those claims circulated, U.S.

Report 102
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FTC Investigates Facebook’s Privacy Practices

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President Donald Trump, the Federal Trade Commission (FTC) has launched an investigation into the social media platform’s privacy practices, the agency said in a statement. As news swirls that Cambridge Analytica may have improperly collected user data from Facebook that was reportedly used to help elect U.S.