Tag Archives: Facebook

Visualizing The Multi-Billion Dollar Industry That Lives Off Your Data

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In the ocean ecosystem, plankton is the raw material that fuels an entire food chain. These tiny organisms on their own aren’t that remarkable, but en masse, they have a huge impact on the world.

Here on dry land, Visual Capitalist’s Nick Routley notes that the massive volume of content and meta data we produce fuels a marketing research industry that is worth nearly $50 billion.

Every instant message, page click, and step you take now produces a data point that can be used to build a detailed profile of who you are.

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EVERY BREATH YOU TAKE, EVERY MOVE YOU MAKE

The coarse-grained demographics and contact information of yesteryear seems quaint compared to today’s sophisticated data collection battleground. In the past, marketers would make judgement calls on your likely income and family structure based on where you lived, and you’d receive “targeted” mail and calls from telemarketers. Loyalty programs and the emergence of web analytics pushed things a little further.

Today, the steady march of technological advancement has created a vast data collection empire that measures every aspect of your digital life and, increasingly, your offline life as well. Facebook alone uses nearly one hundred data points to target ads to you – everything from your marital status to whether you’ve been on vacation lately or not. Telecoms have access to extremely detailed information on your location. Apple has biometric data.

Also watching your every move are web trackers. “Cookie-syncing” is one of the sneaky ways advertisers can follow you around the internet. Basically, cookie-syncing allows third parties to share browsing information at such a large scale that even the NSA “piggybacks” off them for surveillance purposes.

The recent sales growth of smart speakers will only increase the breadth of data companies collect and analyze. Amazon and Google have both filed patents for technology that would essentially allow them to mine audio recordings for keywords. Advertisers could potentially target you with diapers before your family and friends even know you’re expecting a baby.

FOLLOWING THE ONES AND ZEROS

While web trackers and companies like Apple and Google are collecting a lot of personal and behavioral data, it’s the whales of the data ecosystem – data brokers – who are creating increasingly detailed profiles on almost everyone.

Data brokers trade on the privacy of consumers and operate in the shadows.

– Senator Al Franken (D-Minn)

The goal of data brokers, such as Experian or Acxiom, is to siphon up as much personal data as possible and apply it to profiles. This data comes from a wide variety of sources. Your purchases, financial history, internet activity, and even psycho graphic attributes are mixed with information from public records to create a robust dossier. Digital profiles are then sorted into one of thousands of categories to help optimize advertising efforts.

FEAR THE SHADOW PROFILE?

According to Pew Research, 91% of Americans “agree” or “strongly agree” that people have lost control over how personal information is collected and used.

Though optimizing click throughs is a big business, companies are increasingly moving beyond advertising to extract value from their growing data pipeline. Amalgamated data is increasingly being viewed as a clever way to assess risk in the decision-making process (e.g. hiring, insurance, loan or housing applications), and the stakes for consumers are going up in the process.

For example, a man may feel comfortable sharing their HIV status on Grindr (for practical reasons), but may not want that information going to a third party. (Unfortunately, that really happened.)

In 2015, Facebook filed a patent for a service that would help insurance companies vet people based on the credit ratings of their social network.

THE MORE YOU KNOW

Below the surface of our screens, our digital profiles continue to take shape.

Measures like adjusting website privacy controls and clearing cookies are a good start, but that’s only a fraction of the data companies are collecting. Not only do data brokers make it hard to officially opt out, their partnerships with corporations and advanced data collection methods cast such a wide net, that it’s almost impossible to exclude individual people.

Data brokers have operated with very little scrutiny or oversight, but that may be changing. Under intense public and governmental pressure, Facebook recently cut ties with data brokers. For a company that has bullishly pursued monetization of user data at every turn, the move is a sign that the public sentiment is changing.

Source: ZeroHedge

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Facebook Blames Old “Bug” Feature For Harvesting Deleted User Videos

As if Facebook didn’t already collect enough information on its users, the company on Tuesday admitted it accidentally retained videos that had been deleted by its users, claiming that a glitch was responsible for storing the clips, according to New York.

The company apologized for the issue, and promised it would permanently delete all of the videos that were recorded by users, but never shared.

Users that have requested their data from Facebook have discovered that the company stored texts, messages, phone logs and other personal data for years.

If you granted permission to read contacts during Facebook’s installation on Android a few versions ago—specifically before Android 4.1 (Jelly Bean)—that permission also granted Facebook access to call and message logs by default. The permission structure was changed in the Android API in version 16. But Android applications could bypass this change if they were written to earlier versions of the API, so Facebook API could continue to gain access to call and SMS data by specifying an earlier Android SDK version. Google deprecated version 4.0 of the Android API in October 2017—the point at which the latest call metadata in Facebook users’ data was found. Apple iOS has never allowed silent access to call data. –Ars Technica

Select All broke the story about Facebook keeping the deleted videos last week.

In a statement to Select All, Facebook said it investigated the report and discovered a bug that the company failed to delete.

We investigated a report that some people were seeing their old draft videos when they accessed their information from our Download Your Information tool. We discovered a bug that prevented draft videos from being deleted. We are deleting them and apologize for the inconvenience. We appreciate New York Magazine for bringing the issue to our attention.

Many users who accessed the Download Your Information tool found the videos, accompanied by hundreds of megabytes of other embarrassing data, much to their chagrin.

Like these?

Of course we should take Facebook at its word that this was an honest mistake and that Zuckerberg himself will see to it that the offended videos are immediately deleted, and permanently this time.

But it’s more likely that these data were just caught up in the net as Facebook tried to collect as much personal information from its users as possible.

We imagine Zuckerberg will be asked about this practice when he appears before Congress later this month.

Source: ZeroHedge

MEDIA BLACKOUT: Obama Campaign Official Admitted Democrats Sucked the “Entire Social Network in US,” Kept the Data, Still Use It [VIDEO]

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The U.S. Federal Trade Commission is investigating whether Cambridge Analytica’s use of the personal data from 50 million Facebook users violated a consent decree the tech company signed with the company in 2011 before the 2016 election.

The Obama Campaign and Hillary Campaign also used Facebook and social media data to target voters in 2012 and 2016.

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Carol Davidson, a former Barack Obama campaign official, admitted that the 2012 campaign led Facebook to “suck out the whole social graph” and target potential voters. They would then use that data to do things like append their email lists.

Now this…

Carol Davidsen also
admitted in a speech that Democrats sucked out “the entire social network of the US”, kept the data and still have it.

Via Wikileaks:

Full video…

Carol Davidson was not the only Obama official to brag about the campaign’s use of social media data.

Obama Campaign Manager Jim Messina touted the 2012 campaign’s use of “targeted sharing” on Facebook to use supporters as a way to persuade their undecided friends and family to support Obama.

Messina bragged about the use of Facebook data by the Obama campaign in a speech in 2013.

Source: By Jim Hoft | Gateway Pundit

“Can We Trust Facebook?” Mark Zuckerberg’s Non-Answer Says It All

CNN’s soft-ball-pitching, always-smiling, but-trying-ever-so-hard-to-seem-serious Laurie Segall sat across from Facebook CEO Mark Zuckerberg tonight as he broke his silence about just WTF happened with regard to the security of ‘our’ data, Cambridge Analytics’ data-mining, Russia, bad-actors, some more Russia, some more meddling, and, oh yeah, data breaches.

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The full interview is below but it was Zuckerberg’s response (or lack of it) to one question, that raises more questions than it answers…

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Segall asked:

Facebook has asked us to share our data, to share our lives on its platform and it has wanted us to be transparent, and people don’t feel like they’ve received that same amount of transparency. They’re wondering what’s happening to their data. Can they trust Facebook?

Zuckerberg replied, in the same manner as his non-apology statement earlier in the day, by waffling endlessly over his prescribed talking points and yet failing entirely to answer Segall’s simple question…

“Yeah, so one of the most important things that I think we need to do here is make sure that we tell everyone whose data was affected by one of these rogue apps, right?” he said.

“And we’re going to do that. We’re going to build a tool where anyone can go and see if their data was a part of this.”

“So the 50 million people that were impacted, they will be able to tell if they were impacted by this?” Segall asked.

“Yeah – we’re going to be even conservative on that. We may not have all of the data in our system today. So anyone whose data might have been affected by this, we’re going to make sure that we tell. And going forward, when we identify apps that are similarly doing sketchy things, we’re going to make sure that we tell people then too, right? That’s definitely something that looking back on this, you know, I regret that we didn’t do at the time, and I think we got that wrong, and we’re committed to getting that right going forward.”

CNN’s Anderson Cooper describe Zuckerberg as “perhaps the most powerful man in the world,” noting that his platform is capable in influencing elections and perhaps even wars… little dramatic Anderson…

Fwd to 1:15 for the question (and non-answer)…

Any wiser? Can we trust Facebook?

Perhaps this clip from 2009, when The BBC asked Mark Zuckerberg if Facebook would ever sell personal user data.

His answer? “No! Of course not.”

Actions once again speaking louder than words.

All of which perhaps explains the plunge in the odds of Zuckerberg running for President…

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Source: ZeroHedge

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Facebook Advertisers Start Pulling Out

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Facebook advertisers have threatened to abandon the platform in the wake of a massive data harvesting scandal which began after it was revealed that an app created by two psychologists – one of whom Facebook employs – gathered data on over 50 million Americans and then sold it to political data firm Cambridge Analytics and several others, who used it without consent. 

Mark Zuckerberg, co-founder and CEO of the social media giant gave several interviews Wednesday after spending three days in hiding, ostensibly with a crisis management team which advised him not give wholly unsatisfactory answers to one of the largest data breaches in history. 

The scandal is pushing some Facebook advertisers to consider dropping the platform, reports The Times

ISBA, a British group of advertisers that spend hundreds of millions of pounds a year on Facebook, demanded answers. It is understood that some of its 3,000 brands, which include those of the consumer goods companies Unilever and P&G, will not tolerate association with Facebook if it emerges that users’ data has found its way into the hands of brokers and political campaigners without authorisation. Sources close to the trade body said that if the company’s answers were not satisfactory, advertisers might spend their money elsewhere. ISBA will meet Facebook executives this week.

Others, such as Mozilla – the company behind the Firefox browser – have already pulled out, or as it said have “pressed pause” on Facebook advertising. In a scathing post, Mozilla said that “when Facebook takes stronger action in how it shares customer data, specifically strengthening its default privacy settings for third party apps, we’ll consider returning.” Until then, “Mozilla will advertise elsewhere” as it warned in a blog post this morning:

Mozilla is pressing pause on our Facebook advertising. Facebook knows a great deal about their two billion users — perhaps more intimate information than any other company does. They know everything we click and like on their site, and know who our closest friends and relationships are. Because of its scale, Facebook has become one of the most convenient platforms to reach an audience for all companies and developers, whether a multibillion corporation or a not-for-profit.

We understand that Facebook took steps to limit developer access to friends’ data beginning in 2014. This was after Facebook started its relationship with Cambridge University Professor Aleksandr Kogan, whose decision to share data he collected from Facebook with Cambridge Analytica is currently in the news. This news caused us to take a closer look at Facebook’s current default privacy settings given that we support the platform with our advertising dollars. While we believe there is still more to learn, we found that its current default settings leave access open to a lot of data – particularly with respect to settings for third party apps.

We are encouraged that Mark Zuckerberg has promised to improve the privacy settings and make them more protective. When Facebook takes stronger action in how it shares customer data, specifically strengthening its default privacy settings for third party apps, we’ll consider returning.

We look forward to Facebook instituting some of the things that Zuckerberg promised today

Meanwhile, Facebook shares remain under rising pressure – falling approximately 8.6% in three trading sessions and down again on Thursday pre-market as investors – particularly “ethical” investment funds – reconsider their decision to hold the increasingly radioactive company.

Nordea, the largest bank in the Nordic region, which manages about £283 billion (~$400 billion USD), said that it had put some of its Facebook investments in “quarantine” while it assessed the scandal. Union Investment, a German group that manages about £255 billion ($360 billion USD), said that it was reviewing its holding of Facebook shares. –The Times

Investors have also launched several lawsuits against Facebook, claiming that the company made “false and misleading statements” regarding its privacy policies and who they share data with. 

One San Francisco shareholder, Fan Yuan, filed a lawsuit on behalf of an undisclosed party of investors who claim that Facebook’s “omissions” led to a “precipitous” decline in the company’s stock price – wiping out nearly $50 billion of value on Monday and Tuesday. 

A Maryland woman who said that she was “frequently targeted with political ads while using Facebook” during the 2016 US election filed a separate suit against Facebook and Cambridge Analytica, alleging that the companies had treated her personal data with “absolute disregard”. Cambridge Analytica denies that it used Facebook data to “microtarget” political adverts when it worked for the Trump campaign. –The Times

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Yesterday, WhatsApp co-founder Brian Acton, who Mark Zuckerburg turned into a billionaire after Facebook bought his company for $22 billion, is now telling people to delete their Facebook accounts, promoting hashtag #deletefacebook.

Action was referencing the online movement that is gaining steam in the wake of the data harvesting scandal.

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After staying on for three years, Acton quit Facebook in September, and is now a major backer of rival messaging service Signal, which boasts encryption to make its messages resistant to government surveillance.

In a Wednesday night interview with CNN, Zuckerberg admitted that Facebook “made mistakes,” and that “This was a major breach of trust and I’m really sorry that this happened. Our responsibility now is to make sure this doesn’t happen again.”

Zuckerberg also vowed to notify all users “whose data might have been affected” by the breach, and will be “happy” to testify before congress “if it’s the right thing to do.” 

Zuckerberg said in a Facebook post that he has pledged to investigate suspicious apps and ban developers who violate data sharing rules or refuse to comply with an audit. He added: “We will restrict developers’ data access even further to prevent other kinds of abuse. For example, we will remove developers’ access to your data if you haven’t used their app in three months. We will reduce the data you give an app when you sign in — to only your name, profile photo and email address.”

“We’ll require developers to not only get approval but also sign a contract in order to ask anyone for access to their private data. We’ll have more changes to share in the next few days.”

That said, tens of thousands of apps could be harvesting data… 

Yesterday Dr Kogan, the Russian-linked Cambridge academic who obtained the data of 50 million users by offering “personality quizzes” before selling the data to Cambridge Analytica, told the BBC that “tens of thousands” of apps could have done the same thing.

A Facebook whistleblower told MPs that the company had ignored his warnings and lost control of users’ data by giving easy access to developers. Sandy Parakilas said that when he worked at the company in 2011-12 “personal identifiable data was basically allowed to leave Facebook”. He told MPs that he had warned executives that poor safeguards could enable foreign powers or data brokers to harvest data. –The Times

ISBA notes: “The claims that other apps using the Facebook platform, and pre-dating 2015, have collected similar bodies of personal data and that controls for distribution have been inadequate, raise questions about the possibility that Facebook data has been, or is being used improperly elsewhere. ISBA is asking Facebook for a full account.”

Source: ZeroHedge

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Cambridge Analytica’s London HQ Evacuated Due To Suspicious Package

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It appears Cambridge Analytica has some enemies

Cambridge Analytica’s London headquarters has been evacuated and a major thoroughfare closed as the Metropolitan Police investigates reports of a suspicious package.

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Mark Zuckerberg’s Very Bad Day Of “Damage Control”: Highlights

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Zuckerberg: “I never thought I’d have to safeguard the integrity of elections. ” [well, have you done a good enough job?]

Zuck: “Um, we will see.”

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Bill Blain: “What Struck Me Is What A Monster Facebook Has Become”

Blain’s Morning Porridge – March 22nd 2018

“Gybe: To shift suddenly and forcibly from one side to the other..”

Headwinds have become tailwinds, and Jay Powell opens his tenure at the FED by upgrading the outlook for the US Economy.

As a keen sailor, I have more than a passing interest in from where the wind is blowing. There are a number of things to bear in mind about tailwinds; i) they get you where you expect to go faster – meaning we shouldn’t neglect thinking about how this Goldilocks recovery ends.

And, ii) sailing downwind (ie tailwinds) can prove the most dangerous point of sail – things can go from smooth and stable to disaster in frighteningly short moments as a result of a sudden windshift causing a crash-gybe to flick the crew into the water, or the mast to come tumbling down. I’ve attached a photo showing just how bad tailwind sailing can go…

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The Fed’s message was simple: stronger growth, lower but stable full employment, modestly rising inflation, and rates set to double to double to 3.4% in 2020. Three, maybe four hikes this year, but three next year…. It should not have come as much of a surprise to the market. Some of the news reports say it was “Aggressive”, but what I heard was a dovish “middle-ground” back-loading of further tightening – further hikes to follow if justified. They are not slamming on the breaks, but gently brushing the pedals. Powell summed it up nicely: “The economy is healthier than it has been since before the crisis…”

Cynics might ask which particular crisis?

The world is an increasingly volatile place – a blusterous conflabulation of sentiment, facts, hopes and expectations that tends to spin very differently to Central Bankers scripts.

Perhaps its a modern update Chinese curse, but we live in “unconventional” times – while the Fed is considering tightening policy, the government is looking to Spend, Spend, Spend. We should be keeping a tight eye on employment – with the economy already looking inside NAIRU – how will tax-cuts and fiscal spending impact already tight labour costs? Meanwhile, what about the global economy? What about Populism? Or geopolitics and the threats of a trade-war with China? What about so many other unforseen things…. As we charge downhill with the spinnaker flying, just how stable is that mast?

Next on my worry list this morning is Facebook.

I was out with someone who knows about this kind of stuff – my 23 year old son Jack who is making a career for himself in advertising (and directing music videos in his spare time!). He explained it’s not just Cambridge Analytica that’s been exploiting Facebook and other social media sites through deep diving apps that amuse us with puppy pics, while measuring and tailoring product and messages to our desires and weaknesses.. Its happening across the board – it’s a dimly understood marketing revolution. We just don’t realise how social media users aren’t customers – we’re the product! It was a light-bulb moment…

Almost as revealing as Mark Zuckerberg’s dollar-late appearance last night on CNN. What struck me is that he has as little idea as the rest of us what a monster Facebook has become. Sure, he took responsibility – but does he actually understand what for?

You can’t uninvent stuff – but last night I deep dived my social media pages, changed all the options, put in new passwords and wonder just what a mess we’ve created.

Back in the real world – or is it?

Some interesting thoughts on alternative assets yesterday. According to some US research, global investors now hold around 25% of their total assets – accounting to some $7 trillion – in the form of Alternatives – ie things that aren’t “financial assets” such as stocks and shares. We’re very aware that assets like property tend to yield significantly more than financial assets – properly reflecting their lesser liquidity, but also how stocks and bonds have tightened and become inflated as a result of QE policies.

I was reading stuff about how much investors should demand for illiquidity – a base guess being a 1% spread over the risk free rate if you are locked into an illiquid alternative asset for one year rising to 6% for 10-yrs plus. Others say managers should be earning at least a 3% illiquidity premium on illiquid alternatives to justify themselves.

The trick is finding the right people to manage alternatives – for instance a global aircraft leasing firm or a firm with a fleet of ships under management, with all the technical and professional management skills to understand why planes fly and ships float, while also making sure they are working hard to earn a return. Or guys who understand the intricacies of private equity. There aren’t that many conventional bond/equity long/short portfolio managers who’ve got a breeze of an idea on which particular renewable energy projects beats the rest – but there are specialists who do. One approach is to find the right experts to invest on fund’s behalf – and we’ve got such managers we recommend.

That said, the research note yesterday made the case that many investors are utterly unprepared for ill-liquidity risks of alternative / illiquid assets. While the best case is to plan and hold illiquid alternatives through to maturity, its equally important to plan for need – have a plan to sell if you have to.

That said, I think I’ll stick with my 2018 investment strategy: buy assets correlated to global growth, and avoid correlation with inflated liquid assets.

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Cambridge Analytica Scandal: Facebook Is a Government Surveillance Tool

PARENTAL ADVISORY. This gets rough, kids. Just the way I like it. Lionel dismembers yet another HRC proxy and shill and lets him have it with facts, unimpeachable logic and a splash of panache. Ain’t the truth great.

[RT] London-based political strategy firm Cambridge Analytica has suspended CEO Alexander Nix who had boasted of global backroom influence. RT has hosted a debate on what the fallout of the unfolding Facebook data scandal could be. Richard Goodstein, a former advisor to both Bill and Hillary Clinton’s presidential election campaigns, went head-to-head with legal & media analyst and TV personality Lionel. “It looks like it’s undisputed that they did things that … were clearly against the law,” Goldstein said. “They either clearly went over the line or they went right up to it.” The Democrat advisor insinuated that the Department of Justice would not act against CA as “Donald Trump was the beneficiary. I wouldn’t hold my breath on that happening.” “The entire point is being missed here” Lionel shot back. “It’s not Cambridge Analytica, it’s that Facebook is a tool, a proxy, if you will, of the government! It’s a surveillance unit!” “Facebook, Apple, everything that we do is sucking up every bit of information that we have,” Lionel warned. “Where has the world been? You’re living in a panopticon!” The previous few days had seen an online trend urging users to #DeleteFacebook. Goldstein repeated claims that the “US intelligence community unanimously agreed that the Russians did meddle” and worked with WikiLeaks to leak emails from Hillary Clinton’s campaign manager John Podesta, claims that have never been proven. Lionel dismissed the whole Russian meddling narrative “This yarn was devised by the Democratic Party and Hillary Clinton to explain how she lost a rigged election,” he said. “Whom can we get to explain this? Ah! The Russians!” “I can’t believe this gentleman is repeating the same fantasy that Hillary Clinton is still doing,” he said. “Are you ever going to move on from that? Are you ever going to realise you lost?” Special Counsel Robert Mueller “will present a case in black and white about what the Russians did and didn’t do,” Goldstein insisted. “And people who are clear-thinking will believe it, and people who have a bias going in will dismiss it.” “Hillary Clinton is never going to be president. Get over it. Go and see a grief counselor,” Lionel hit back.

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The Hypnotic Assault on YOUR soul. https://lettersfromthegulag.blogspot…. Thrice Censored, the “Luciferian Powers that be” really don’t want my analysis of this story floated by the Cambridge Analytica “whistleblower.” They don’t want me telling you that Donald Trump was beating all the other GOP candidates in the race by a very large margin, in fact, by December 2015, his numbers were almost as high as all the other GOP candidates COMBINED. I was not until January 2016 that Robert Mercer, with his Cambridge Analytica Company, dropped support of Ted Cruz and started supporting Trump. To hear the C.A. “leaker tell it” Trump owes his win to Mercer and Cambridge Analytica, that is PURE BS.

Facebook Ministry Of Truth Chief Security Officer Quits Over “Spread Of Disinformation”

Less than six months after exclaiming his concerns about algorithmic censorship on social media, and fears about becoming a ‘ministry of truth’, Alex Stamos – Facebook’s chief information security officer – is leaving the tech giant following “internal disagreements” over how the company should handle disinformation spread over its platform, according to the New York Times.

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His departure was reportedly planned long before the Cambridge Analytica scandal erupted over the weekend.

Stamos famously unleashed a scathing tweet storm late last year warning the FBI and intrusive Democratic lawmakers (who are again banging the regulation drum) that “censorship is easy”, but separating Russian bots from legitimate posters would be much, much harder, and essentially would require Facebook or the government to become a “Ministry of Truth” – referring to a government ministry from George Orwell’s 1984 responsible for rewriting history.

“It’s very difficult to spot fake news and propaganda using just computer programs,” Stamos said in a series of Twitter posts on Saturday.

“Nobody of substance at the big companies thinks of algorithms as neutral,” Stamos wrote, adding that the media is simplifying the matter.

“Nobody is not aware of the risks.”

So if you don’t worry about becoming the Ministry of Truth with ML systems trained on your personal biases, then it’s easy!

Stamos, according to the NYT, had reportedly clashed with other senior executives over how the company should handle disclosures of “Russian interference” on its platform. Stamos called for more transparency and disclosure.

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His repeated conflicts led to his day-to-day responsibilities being reassigned late last year in preparation for his departure – which wasn’t expected to happen until August.

After his day-to-day responsibilities were reassigned to others in December, Mr. Stamos said he would leave the company. He was persuaded to stay through August to oversee the transition of his duties because executives thought his departure would look bad, the current and former employees said. He has been overseeing the transfer of his security team to Facebook’s product and infrastructure divisions. His group, which once had 120 people, now has three, the current and former employees said.

Stamos is the first senior employee to leave the company since the controversy surrounding the purported $100,000 in fraudulent ad spending by a “Russian troll farm” was first publicly confirmed in September.

Facebook shares, which entered correction territory during Monday’s session, were down 1% after hours, back at the lows of the day…

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“Where’s Mark?” CEO’s Silence On Cambridge Analytica Is Making Facebook Employees Uneasy

Facebook CEO Mark Zuckerberg will not be making an appearance at an impromptu employee town hall set for Tuesday morning…

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Meet Facebook’s Biggest Holders Who Are Having A Very Bad Day (Or Two)

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Amid the biggest two-day demise in Mark Zuckerberg’s social network in six years, slashing below its 200-day moving-average, many are wondering where the dip-buyers have gone… and who the biggest losers are, so far!

Source: ZeroHedge