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Facebook stock is down 65%, they just paid $725M to settle the Cambridge Analytica lawsuit, and they’ve just been fined over $400M by the EU. But that’s not the worst part (for Meta). The EU and its General Data Protection Regulation (GDPR) is basically saying that its entire business model – surveillance capitalism – is wrong and must stop. That’s the same business model used by Google, too. It really seems that the tide is finally turning in favor of user privacy as more nails are hammered into the coffin of behavior-based advertising.
In other news: the first LastPass class actions lawsuit has been filed over the recently announced data breach; WhatsApp adds a feature to bypass internet censorship by repressive regimes; Pornhub is now requiring viewers from Louisiana to verifying the age via ID; data from up to 400M Twitter accounts is up for sale; a military device containing information including biometric scans of over 2000 people was bought on eBay for $68; Mom and daughter kicked out of Rockettes show in Radio City Music Hall. Plus, a Dear Carey question and my Tip of the Week.
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By Carey Parker4.9
6464 ratings
Facebook stock is down 65%, they just paid $725M to settle the Cambridge Analytica lawsuit, and they’ve just been fined over $400M by the EU. But that’s not the worst part (for Meta). The EU and its General Data Protection Regulation (GDPR) is basically saying that its entire business model – surveillance capitalism – is wrong and must stop. That’s the same business model used by Google, too. It really seems that the tide is finally turning in favor of user privacy as more nails are hammered into the coffin of behavior-based advertising.
In other news: the first LastPass class actions lawsuit has been filed over the recently announced data breach; WhatsApp adds a feature to bypass internet censorship by repressive regimes; Pornhub is now requiring viewers from Louisiana to verifying the age via ID; data from up to 400M Twitter accounts is up for sale; a military device containing information including biometric scans of over 2000 people was bought on eBay for $68; Mom and daughter kicked out of Rockettes show in Radio City Music Hall. Plus, a Dear Carey question and my Tip of the Week.
Use these timestamps to jump to a particular section of the show.

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