Cambridge Analytica Files for Bankruptcy
By now, you’re probably quite familiar with Facebook’s data scandal involving Cambridge Analytica. Recently, the London-based company posted a statement on its website saying that it has been forced to file for bankruptcy after bad press from the whole ordeal. The Cost of Business Cambridge Analytica cited “the controversy” as the driving force behind its loss […]
Everything You Need to Know from Facebook’s F8 Conference
A few days ago, Facebook held their annual developer conference, dubbed “F8” for Facebook’s 8-hour hackathons. This conference was highly-anticipated (for more than one reason, but mostly due to Facebook’s recent data scandal involving Cambridge Analytica, a data research firm). The event was held in San Jose, right outside of San Francisco. CEO Mark Zuckerberg announced […]
Google and Facebook May Actually Become Stronger from Upcoming Privacy Regulations
You’ve probably noticed quite a few more “Updated Privacy Policy” emails in your inbox than usual. Most likely from your preferred e-commerce, search engine, and social media sites, these emails ask you to review the updated terms and conditions in the privacy policy. This time, if you don’t bother to read the policy before May 25th, the […]
In Light of Recent Backlash, Facebook Revenue Surges
Although new information keeps popping up about the Cambridge Analytica scandal involving Facebook’s data, the social media giant’s profits are surging. Facebook’s Faltering… Or Is It? Recently, it came to light that Facebook signed a non-disclosure agreement (NDA) with Aleksandr Kogan. Kogan, the data scientist and app developer involved in the Cambridge Analytica scandal, spilled […]
The Takeaways from Mark Zuckerberg’s Congressional Testimony That Actually Matter
The past few weeks have been dominated by headlines about privacy scandals surrounding Facebook. These troubles culminated in founder and CEO Mark Zuckerberg testifying before Congress last week in two separate hearings. It’s easy to assume that this Washington visit would be the final push to throw the social media giant into a tumultuous tailspin. […]
President Trump Isn’t Focused on Facebook, He’s After Amazon
Politics and tech companies don’t always mix. They each need each other, but it couldn’t be clearer that sometimes, they just don’t get along. In light of Facebook’s recent data debacle with the U.S. and international governments, most tech companies are probably re-examining their track records a little more closely to ensure a similar fiasco […]
Are We Witnessing the Fall of Facebook?
Fake news, data privacy issues, mental health concerns… Facebook has seen its fair share of controversies and unfavorable headlines in recent months. But it hasn’t faced anything compared to what it’s up against now. Will the latest scandal about stolen personal information be the last straw for the behemoth social network? Keep Your Friends Close […]
1.4 Million Twitter Users Tricked by Russian Spam Accounts in 2016 Election
Russian involvement in the 2016 United States presidential election has been a volatile point of contention for over a year now. It has plagued President Donald Trump’s tenure for its entirety so far, and will probably end up being one of the defining characteristics of this era in future history books. One of the most worrisome […]
Google’s Spending Habits Reveal Their Political Play
As data collection increases, technology giants Google, Facebook, Amazon, and Apple have grown immensely more powerful. The more data, the more dimensions it has, and the more linking capabilities companies have, the greater their revenue increase becomes. To protect the laws surrounding data, along with immigration, tax reform, and antitrust, Google’s spending more than $18 […]
Facebook Will Likely Have to Testify About Those Russian Ads
Any banking app developer online during last year’s contentious U.S. presidential election knows that the social media landscape was a mess. In the era of Facebook and Twitter, civic debate is now powered as much by memes and the dreaded fake news as much as it is an exchange of thoughts and ideas. But since […]