Facebook faced new calls for regulation from within U.S. Congress and was hit with questions about personal data safeguards on Saturday after reports a political consultant gained inappropriate access to 50 million users’ data starting in 2014. Facebook disclosed the issue in a blog post on Friday, hours before media […]
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Cambridge Analytica pushes back on Facebook’s allegations as top Senate Democrat blasts ‘Wild West’
Cambridge Analytica, a data analytics firm used by the Trump campaign during the 2016 elections, insisted on Saturday that it did not misuse or hold data obtained from Facebook users, despite having been sanctioned by the platform for doing so. On Friday, Facebook announced that it had suspended Cambridge Analytica, […]
Because markets are ‘craving certainty,’ a money manager sees sideways trading, for now
With the Dow sitting near where it began the month, one money manager doesn’t see much changing — at least not until Wall Street gets more guidance from the Federal Reserve and the White House. For that reason, Russell Investments Senior Portfolio Manager Douglas Gordon believes uncertainty is the biggest […]
Comey enters the fray on McCabe’s firing, warning Trump that everyone ‘will hear my story very soon’
Former FBI Director James Comey exchanged barbs with President Donald Trump on Saturday, responding to the president’s latest broadside by promising to reveal his take on Trump’s ongoing struggle with the FBI bureaucracy “very soon.” In the wake of Attorney General Jeff Sessions’ firing of former FBI official Andrew McCabe, […]
Facebook and YouTube should have learned from Microsoft’s racist chatbot
Microsoft showed us in 2016 that it only takes hours for internet users to turn an innocent chatbot into a racist. Two years later, Facebook and YouTube haven’t learned from that mistake. Facebook came under fire on Thursday night after users noticed search suggestions alluding to child abuse and other […]
How Trump’s steel tariffs may hit your wallet
President Donald Trump’s tariffs will cost foreign aluminum and steel producers more, but higher costs will likely hit your wallet too. “A tariff is essentially a tax, for all intents and purposes,” Stifel Financial’s chief economist Lindsey Piegza told CNBC recently. The tariffs, expected to start late next week, will […]
McCabe said to have kept memos regarding his interactions with Trump
Andrew McCabe — the former FBI deputy director just fired by the attorney general — kept personal memos regarding President Donald Trump. That’s according to a person with direct knowledge of the situation who wasn’t authorized to discuss the memos publicly and spoke on condition of anonymity. This person says […]
Cambridge Analytica and Facebook spar over data, as top Senate Democrat blasts ‘Wild West’ of ads
Cambridge Analytica, a data analytics firm used by the Trump campaign during the 2016 elections, insisted on Saturday that it did not misuse or hold data obtained from Facebook users, despite having been sanctioned by the platform for doing so. On Friday, Facebook announced that it had suspended Cambridge Analytica, […]
Comey responds to Trump: America ‘will hear my story very soon’
Former FBI Director James Comey exchanged barbs with President Donald Trump on Saturday, responding to the president’s latest broadside by promising to reveal his take on Trump’s ongoing struggle with the FBI bureaucracy “very soon.” In the wake of Attorney General Jeff Sessions’ firing of former FBI official Andrew McCabe, […]
Facebook suspends Cambridge Analytica, a firm used by the Trump campaign, for misuse of data
Facebook has suspended Cambridge Analytica, a political data analytics firm that worked on Facebook ads for President Donald Trump during the 2016 presidential election, saying that it lied about deleting user data sent to it by the makers of a popular psychology test app. In a blog post that went […]