Privacy Watch: Facebook Rebounds, But Privacy Concerns Accelerate
Summary
The scrutiny of Facebook by U.S. legislators, regulators, prosecutors , consumer groups, shareholders, European privacy commissions, and others now extends broadly to tech companies such as Google and Twitter, and also to many others that collect the data of individuals, such as credit reporting agencies like Equifax (NYSE: EFX ) and Experian. Zuboff, a tenured professor at the Harvard Business School, has just released a book on the topic: The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power .” Since 2016, Facebook’s Project Atlas had reportedly paid users, including teenagers as young as 13, at least $20 a month to install a virtual private network app called “Facebook Research” that funneled their traffic to the company. Last year, Apple CEO Tim Cook advocated for nationwide U.S. data privacy laws, charging that personal details about users, collected by tech giants, are being “weaponized” against them and the nation at large. Apple moved to fix the bug, while news writers and bloggers rushed to offer users instructions on disabling FaceTime on their phones and laptops.
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