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March 26, 2018, 9:00 AM
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WeSmirchTop News
| 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.
More:
Associated Press, FactorDaily, Stratechery, CNET, and Memex 1.1
Tweets: @ibogost and @catherinecronin
| 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.
More:
Business Insider, TechCrunch, and SlashGear
Tweets: @randfish, @binarybits, @joshconstine, and @joshconstine
| 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.
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Business Insider, The Verge, Firstpost, PYMNTS.com, Reuters, Vanity Fair, The Guardian, 500ish Words, Beyond Search, CNET, Ubergizmo, Recode, NBC Bay Area, CNN, Digital Trends, The Outline, Engadget, Mashable, Fortune, Quartz, Axios, Quartz, The Sun, Daily Mail, Firstpost, SBS News, Livemint, and Politico
| Jean-Louis Gassée / Monday Note: |
More:
Bloomberg, Enrique Dans, TheStreet, BGR, and The Verge
Tweets: @fmbutt, @charlieangusndp, @oliviasolon, @theatlantic, and @edbott
| Reuters: |
More:
Axios, Business Insider, CNBC, South China Morning Post, PYMNTS.com, Reuters, Digital Trends, The Guardian, The Hill, and CNET
Tweets: @benbajarin, @joshdickson40, and @sam__cash
| 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
More:
Grab SG, TechCrunch, Digital Trends, Reuters, MediaNama, Forbes, Mashable, Reuters, and Seeking Alpha
Tweets: @jonrussell, @noahpinion, @teddyschleifer, @tjmanotoc, @gwendolynregina, @r0h1n, and @dattadeguru
| 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.
More:
Uber Newsroom, VentureBeat, TechCrunch, Reuters, TechCrunch, Financial Times, South China Morning Post, SiliconANGLE, Fortune, Axios, TechCrunch, and Axios
Tweets: @shiraovide and @bbcleisha
| 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
More:
Business Wire, Reuters, Music Ally, and Seeking Alpha
| 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 …
Tweets: @mslopatto, @flyosity, and @hccandrea
| 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) …
More:
Associated Press, Digital Trends, Engadget, CNET, AndroidHeadlines.com, and ZDNet. Tweets: @abc
| 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.Sponsor Posts
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