| Ian Bogost / The Atlantic: |
How every Facebook app in 2010 collected users' personal data, what devs could do with it, and why Facebook can't close the Pandora's box it opened a decade ago — For a spell during 2010 and 2011, I was a virtual rancher of clickable cattle on Facebook. — It feels like a long time ago.| Josh Constine / TechCrunch: |
New complicated privacy and transparency regulations might be a mere speed bump for Facebook but an insurmountable burden for startups — You know what tech startups hate? Complicated legal compliance. The problem is, Facebook isn't a startup any more, but its competitors are.| Suzanne Vranica / Wall Street Journal: |
Inside the fight between the Facebook-Google duopoly and Madison Avenue as advertisers get nervous about the Facebook fallout and push aggressively for changes — Latest uproar over voter profiling data follows company demands for more control, more transparency from tech giants| BBC: |
Facebook took out full-page ads, signed by Mark Zuckerberg, in several major US and UK newspapers on Sunday to apologize for Cambridge Analytica data leak — Facebook boss Mark Zuckerberg has taken out full-page adverts in several UK and US Sunday newspapers to apologise for the firm's recent data privacy scandal.| Jean-Louis Gassée / Monday Note: |
| Reuters: |
| Bloomberg: |
Grab to acquire all of Uber's operations in Southeast Asia, including UberEats; Uber gets 27.5% stake in Grab, and Uber CEO will join Grab's board — Grab to buy ride-sharing, food delivery businesses in region — Uber gets 27.5% stake in rival, CEO to join Grab's board| Johana Bhuiyan / Recode: |
Uber CEO says they spent $700M in Southeast Asia before deal with Grab; source: Uber feels confident enough in India and Middle East to not retreat from there — As part of the deal, Uber will get a 27.5 percent stake in the company and CEO Dara Khosrowshahi will join the Grab board.| David Meyer / Fortune: |
Leader of hacker gang known as Carbanak, who used malware attacks to steal €1B from banks and ATMs, caught in Spain — For the past five years, a gang of hackers known as Carbanak has been targeting banks around the world, stealing well over $1 billion in total.| Peter Kafka / Recode: |
Spotify issues guidance for 2018: subs 96M, up 36% YoY, revenue $6.9B, up 30% YoY, gross margins 25%, up from 21%, operating losses $409M, down from $500M — Ahead of its IPO, the streaming service offers its first-ever guidance: Revenue, subs, margins will be up, operating losses will go down| Cyberscoop: |
Sources: Kaspersky's Slingshot malware report exposed counterterrorism cyber-espionage operation led by US Joint Special Operations Command — The U.S. government and Russian cybersecurity giant Kaspersky Lab are currently in the throes of a nasty legal fight that comes on top of a long-running feud … | Colin Lecher / The Verge: |
A look at what happens when algorithms used to automate health assessments in Arkansas start cutting essential state-sponsored home care for disabled patients — Illustrations by William Joel; Photography by Amelia Holowaty Krales — For most of her life, Tammy Dobbs, who has cerebral palsy … | Shannon Liao / The Verge: |
South Korea fines Facebook ~$370K for slowing user internet connections to its sites by rerouting through Hong Kong and US instead of using local ISPs — More bad news for Facebook — South Korea's telecom authority is fining Facebook 396 million won (approximately $369,705) … | Theodore Schleifer / Recode: |
How Sequoia, Accel, and Y Combinator ended up with their current stakes in Dropbox; source: YC sold about 50% of its holdings around the time of the Series B — Here's how a few investors — Sequoia, Accel and Y Combinator — managed to score huge, even if not equal, paydays.
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| Sean Gallagher / Ars Technica: |