Meta $725M Cambridge Analytica Settlement Moves Forward

Meta Platforms has agreed to pay $725 million to settle a 2018 class action lawsuit initiated by Facebook users who said their personal data was breached in an incident involving UK-based political consultancy Cambridge Analytica. The proposed amount would reportedly be the largest settlement in a U.S. data privacy class action. Although Meta is not admitting to any wrongdoing as part of the settlement, the firm says it has over the past three years “revamped” its approach to privacy. Lawyers for the plaintiffs called the proposal a “historic settlement” that will provide meaningful relief in a “complex and novel” case. Continue reading Meta $725M Cambridge Analytica Settlement Moves Forward

Digital Ad Share for Meta, Alphabet to Drop Below 50 Percent

Insider Intelligence forecasts that 2023 will mark the first time since 2014 that the combined digital advertising market share for Meta Platforms and Alphabet will fall below 50 percent, indicating erosion of their “duopoly.” Projection of a 2.5 percent drop due to increased competition from rivals including Amazon, Apple, TikTok and Microsoft will put the pair at a projected 48.4 percent this year, according to the research group. While the trajectory is likely to garner negative media and investor attention, it is a plus from the perspective of fending off global antitrust attacks. Continue reading Digital Ad Share for Meta, Alphabet to Drop Below 50 Percent

Lenovo Product Demos at CES to Focus on Hybrid Workflow

In a lead-up to CES 2023, Lenovo has raised the curtain on new ThinkPad laptops, ThinkVision monitors, IdeaPad laptops, an IdeaCentre Mini desktop and the next-generation Smart Tab M9. The new devices focus on hybrid working environments and mobility, including lightweights, 2-in-1 models, and ultraportable laptops with the latest Intel Core processors. Those who work with a dual monitor setup may be intrigued by the new ThinkVision P49w-30 ultrawide, which measures 49-inch diagonally and sports a QHD IPS panel with a 2000:1 contrast ratio. Lenovo also unveiled accessories to help with hybrid workflow efficiencies. Continue reading Lenovo Product Demos at CES to Focus on Hybrid Workflow

Apple Plans to Open iOS to Third-Parties Thanks to EU Laws

Apple is planning to allow app sideloading in response to the European Union’s Digital Markets Act, set to take effect in 2024. The move reverses long-held policies that were a source of ire to many Apple developers as well as global regulators. It is believed the new approach could spillover to other regions where lawmakers are at various stages of reining in Big Tech, with companies including Google and Meta Platforms also in the crosshairs. The news sent shares up among companies that offer dating apps, including Match Group and Bumble. Spotify also got a bump. Continue reading Apple Plans to Open iOS to Third-Parties Thanks to EU Laws

TikTok CEO Shou Zi Chew Determined to Solve Data Issues

TikTok is taking steps to ensure U.S. user data is secure and that young people will be protected from harmful content, company CEO Shou Zi Chew said at The New York Times’ DealBook Summit. “We have very rigorous data-access protocols,” the executive said Wednesday, addressing concerns expressed by members of Congress and the Federal Trade Commission. Chew said TikTok, which is owned by Beijing-based ByteDance, plans to work with Oracle as its data storage provider based in large part on the company’s strong security protocols. Continue reading TikTok CEO Shou Zi Chew Determined to Solve Data Issues

Ireland DPC Fines Meta $275 Million for Data Privacy Breach

Meta Platforms has been fined $275 million for violating European Union privacy rules, the result of a 2021 data leak that led to the online publication of personal information belonging to 500 million Facebook users. The penalty is the latest imposed on Meta by Ireland’s Data Protection Commission, which in September imposed a $400 million penalty on Instagram for mishandling children’s data. In October 2021, the same regulator fined Meta $235 million for violations by its WhatsApp messaging service. In total, Irish authorities have imposed penalties of more than $900 million on Meta in the past two years. Continue reading Ireland DPC Fines Meta $275 Million for Data Privacy Breach

Mozilla Sets Discount Privacy Bundle: VPN Plus Firefox Relay

Mozilla has bundled two premium security products into a subscription package. Firefox Relay and Mozilla VPN are available together for $6.99 with an annual subscription. With the holiday sales season in full swing, retailers are bracing for hacker attacks and phishing schemes, an angle Mozilla is leveraging with its push. Axios Codebook says “the ongoing economic downturn is prompting more shoppers to look for online discount codes and more hackers to trick these consumers with phony deals.” Firefox Relay protects identities by hiding users real email addresses, while Mozilla VPN is a virtual private network service. Continue reading Mozilla Sets Discount Privacy Bundle: VPN Plus Firefox Relay

Facebook and Instagram Roll Out New Safety Tools for Teens

Meta Platforms is introducing updates to further protect teens on Facebook and Instagram. Starting this week, those under the age of 16 (or under 18 in certain countries) will be defaulted into more stringent private settings when they join Facebook. A similar default was put into effect on Instagram last year. Meta is also restricting “potentially suspicious adults.” For example, adults will be restricted from messaging teens they aren’t connected to and from seeing teens in their People You May Know recommendations. A “suspicious adult” is one that has recently been blocked or reported by a young person. Continue reading Facebook and Instagram Roll Out New Safety Tools for Teens

Kantar Media Forecasts Streamers to Pursue Appointment TV

Even as linear broadcasters seek to find their place in the on-demand world, streamers are taking a page from their traditional playbook and embracing appointment TV strategies, according to a new forecast from Kantar Media. “Winners in the platform wars will deploy hybrid strategies balancing VOD and linear content,” Kantar says, predicting streamers will be forced to “shift away from all-at-once release strategies and box-set bingeing for new content in order to maximize revenues.” As global cost-of-living price increases impact consumer discretionary spending, improved campaign planning could make budgets go further, the report says. Continue reading Kantar Media Forecasts Streamers to Pursue Appointment TV

IAB Says FTC Digital Ad Inquiry May End Up Costing Billions

The advertising industry is pushing back against the Federal Trade Commission’s exploration of rulemaking as relates to collecting personal data to serve ads, which the FTC is calling a crackdown on “commercial surveillance.” The Interactive Advertising Bureau (IAB) says the FTC’s definition of that loaded term is “so broad” that any resultant rulemaking “could criminalize the Internet itself” as well as potentially reduce digital ad spending by billions of dollars. FTC chair Lina Khan says “potentially unlawful practices may be prevalent” in the “endless hoovering up of sensitive user data” that has become common practice in ad targeting. Continue reading IAB Says FTC Digital Ad Inquiry May End Up Costing Billions

WhatsApp Debuts Communities with End-to-End Encryption

Meta Platforms is globally releasing a major update for WhatsApp called Communities, which doubles the number of group chat members to 1,024, and adds video (and voice) for up to 32. Designed for schools, clubs, churches, the workplace and other organizations, Communities features include support for sub-groups, admin controls and in-chat polls. “We’re aiming to raise the bar for how organizations communicate with a level of privacy and security not found anywhere else,” the company said of the upgrade, stressing end-to-end encryption. In fact, Communities are not publicly discoverable, requiring an invitation. Continue reading WhatsApp Debuts Communities with End-to-End Encryption

Big Tech to Face Increased EU Scrutiny as DMA Takes Effect

Next week, the EU’s Digital Markets Act takes effect, and U.S. tech giants are preparing for headaches. Among the DMA’s goals is making companies like Amazon, Google and Meta Platforms more open and interoperable in 2023. Last month, veteran EU official Gerard de Graaf, who helped create the DMA, was installed as director of a satellite office in San Francisco. There, he will help Big Tech prepare for breaking out their wallets and breaking open their walled gardens as the result of  “significant” changes to how they’ve been doing business in Europe. Meanwhile, telecoms in Europe are looking for tech firms to pay new fees based on bandwidth issues. Continue reading Big Tech to Face Increased EU Scrutiny as DMA Takes Effect

France Sanctions Clearview AI €20M for Violating GDPR Rules

Clearview AI, the New York-based facial recognition firm that is targeting 100 billion facial images in its database by the close of 2022, has been fined €20 million ($19.7 million) by France’s data protection authority, the CNIL, for what the agency says is the illegal collection and processing of personal biometric data belonging to French citizens. The fine comes after the CNIL last year ordered Clearview to cease data collection and delete its existing database, instructions the company reportedly ignored. This is Clearview’s third breach of the EU General Data Protection Regulation (GDPR) pertaining to France. Continue reading France Sanctions Clearview AI €20M for Violating GDPR Rules

Snap Adds Users but Experiences Its Slowest Revenue Growth

Snap Inc. reported its slowest-ever quarterly growth, with revenue up 6 percent to $1.13 billion year-over-year in Q3. Due in part to a 25 percent spending increase, Snapchat’s parent logged a net loss of $359 million, far exceeding the $72 million loss a year prior. Interestingly, Snap increased daily active users by 19 percent, to 363 million (surpassing analyst predictions of 358 million). Snap, like virtually every social media platform, has struggled to maintain revenue growth since Apple’s 2021 privacy changes made it harder to target ads. Continue reading Snap Adds Users but Experiences Its Slowest Revenue Growth

Samsung Touts New Initiatives and Private Blockchain Security

At the Samsung Developer Conference in San Francisco, the company introduced new initiatives tied to its latest smartphones, the Galaxy Watch 5 and other connected devices. Samsung also revealed plans for personalization enabled by its One UI 5, the updated user interface that will be made available later this month. Security and privacy were also on the agenda. The company announced it is developing a method to keep IoT smart devices secure by putting them on the blockchain. Samsung Knox Matrix will feature a private blockchain system to help protect Galaxy devices, TV sets and smart home appliances while securely sharing login credentials. Continue reading Samsung Touts New Initiatives and Private Blockchain Security