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Showing posts with label SocialNetworks. Show all posts
Showing posts with label SocialNetworks. Show all posts

March 28, 2020

#Zoom's iOS App is sending your #PrivateData nonconsensually to Facebook — even if you don’t have a Facebook account.

Zoom's iOS app is sending your data to Facebook, because privacy is a myth
Zoom iOS App
Zoom's iOS app is sending your data to Facebook, because privacy is a myth

Zoom's video conferencing app has grown more popular than ever lately, while people are staying home to flatten the curve. But you should know that there's a major privacy concern with the service.

Last night, Vice reported that Zoom's iOS app is nonconsensually sending data to Facebook — even if you don't have a Facebook account.

What's more shocking is that the company's privacy policy makes no mention of it. Plus, the app doesn't make it clear anywhere that it's sending your data to the social network.

Joseph Cox noted in his report for Vice that every time you open the app, it sends your data to Facebook including your device's model, network provider, time zone, city, and a unique device identifier that advertisers can use to send you targeted ads.

Facebook's policy about using its SDK (Software Development Kit) and tracking Pixels is quite clear: A website or app using it has to explicitly mention that your data is being shared with third-parties, including Facebook. Plus, it has to provide an option to opt-out of tracking. Zoom doesn't address these points at all.

Last week, digital rights non-profit Electronic Frontier Foundation (EFF) pointed out some of the privacy risks in using Zoom's products. The report said IT admins of your company can access a bunch of information about you during a meeting including your device information, IP address, and operating system. Plus, the app has an attention tracking feature, which is off by default, that allows hosts to check if a participant's Zoom app window is active or not on their desktops.

Continue Reading the whole story here: https://thenextweb.com/security/2020/03/27/zooms-ios-app-is-sending-your-data-to-facebook-because-privacy-is-a-myth/?utm_campaign=Feed%3A%2BTheNextWeb%2B%28The%2BNext%2BWeb%2BAll%2BStories%29&utm_medium=feed&utm_source=feedburner


December 03, 2011

Media Tycoons Say They Understand #Twitter But Have No Time For It -- Then Reveal They Don't Understand It

Media Tycoons Say They Understand #Twitter But Have No Time For It -- Then Reveal They Don't Understand It

Reuters interviewed a bunch of brilliant media and advertising tycoons about their Twitter usage.
The responses were funny and, in some cases, endearing. (WPP's Martin Sorrell said he's so old, he's about ready for the glue factory.)
But the answers also revealed that the tycoons have only a rudimentary grasp of what Twitter is.
Specifically, they don't yet understand that Twitter is a revolutionary new interactive media platform and media distribution system, an interactive "cable company" for the digital age.
For example, Maurice Levy, head of Publicis:
"I hate the idea that I would have to share things which are not for sharing or which are superficial..."
He said he kept tabs on social media in a professional capacity but he did not need to tweet to understand the importance of Twitter.
"I understand how to wash dishes. I don't do it regularly," he said.
And Martin Sorrell of WPP:
"I have enough to do answering your emails," he said. "I'm 66 years old. I'm almost in the glue factory."
And Arnoud Nourry of Hachette:
"I think communicating with text only with a very limited way of expression is not my style."
And David Carey of Hearst:
David Carey said he tweeted mostly corporate promotion and saved personal information for his friends and family.
"For the rest of the world, I don't think they are interested in who I had dinner with ... or where am I going for vacation," he said.
Thankfully, as anyone who uses Twitter regularly will tell you, the "who I had dinner with" and "where I am going on vacation" and "sharing things that are superficial" aspects of Twitter are the most annoying and lame parts of it.
Specifically, they're the same as boring television or bad newspaper articles.
Most widely followed non-celebrity Twitter pundits quickly grow out of the "what I had for breakfast" updates and other personal obsessions and start tweeting stuff that is interesting, informative, or entertaining to their followers--the same as all great media content is. And that's why they're widely followed.
For celebrities, meanwhile, Twitter is a way to communicate simply and directly with your fans, while humanizing yourself in the process.
For everyone, Twitter is a way to jump right into the conversation, in real time, without requiring everyone else to shut up to hear you.
And for all Twitter users, Twitter is a portal into the whole world of media--a constantly updating "ticker" serving up the best and most timely text, video, photographic, and audio content from around the world.
You can't get that from any other media or communications system. And that's why 50 million people a day use Twitter--not because they care about what someone else had for breakfast.


Media Tycoons Say They Understand Twitter But Have No Time For It -- Then Reveal They Don't Understand It

October 18, 2011

The Great Tech War Of 2012 | Fast Company

logo
October 17, 2011
From left: The late Apple cofounder Steve Jobs, Facebook CEO Mark Zuckerberg, Google CEO Larry Page, and Amazon CEO Jeff Bezos. | Photos courtesy of David Paul Morris/Getty Images (Jobs); Justin Sullivan/Getty Images (Zuckerberg); Chip East/Reuters (Page); Mario Tama/Getty Images (Bezos) From left: The late Apple cofounder Steve Jobs, Facebook CEO Mark Zuckerberg, Google CEO Larry Page, and Amazon CEO Jeff Bezos. | Photos courtesy of David Paul Morris/Getty Images (Jobs); Justin Sullivan/Getty Images (Zuckerberg); Chip East/Reuters (Page); Mario Tama/Getty Images (Bezos).
Gilbert Wong, the mayor of Cupertino, California, calls his city council to order. "As you know, Cupertino is very famous for Apple Computer, and we're very honored to have Mr. Steve Jobs come here tonight to give a special presentation," the mayor says. "Mr. Jobs?" And there he is, in his black turtleneck and jeans, shuffling to the podium to the kind of uproarious applause absent from most city council meetings. It is a shock to see him here on ground level, a thin man amid other citizens, rather than on stage at San Francisco's Moscone Center with a larger-than-life projection screen behind him. He seems out of place, like a lion ambling through the mall.
"Apple is growing like a weed," Jobs begins, his voice quiet and sometimes shaky. But there's nothing timorous about his plan: Apple, he says, would like to build a gargantuan new campus on a 150-acre parcel of land that it acquired from Hewlett-Packard in 2010. The company has commissioned architects--"some of the best in the world"--to design something extraordinary, a single building that will house 12,000 Apple employees. "It's a pretty amazing building," Jobs says, as he unveils images of the futuristic edifice on the screen. The stunning glass-and-concrete circle looks "a little like a spaceship landed," he opines.
Nobody knew it at the time, but the Cupertino City Council meeting on June 7, 2011, was Jobs's last public appearance before his resignation as Apple's CEO in late August (and his passing in early October). It's a fitting way to go out. When completed in 2015, Apple's new campus will have a footprint slightly smaller than that of the Pentagon; its diameter will exceed the height of the Empire State Building. It will include its own natural-gas power plant and will use the grid only for backup power. This isn't just a new corporate campus but a statement: Apple--which now jockeys daily with ExxonMobil for the title of the world's most valuable company--plans to become a galactic force for the eons.
And as every sci-fi nerd knows, you totally need a tricked-out battleship if you're about to engage in serious battle.
"Our development is guided by the idea that every year, the amount that people want to add, share, and express is increasing," says Facebook CEO Mark Zuckerberg. "We can look into the future--and it's going to be really, really good."
To state this as clearly as possible: The four American companies that have come to define 21st-century information technology and entertainment are on the verge of war. Over the next two years, Amazon, Apple, Facebook, and Google will increasingly collide in the markets for mobile phones and tablets, mobile apps, social networking, and more. This competition will be intense. Each of the four has shown competitive excellence, strategic genius, and superb execution that have left the rest of the world in the dust. HP, for example, tried to take a run at Apple head-on, with its TouchPad, the product of its $1.2 billion acquisition of Palm. HP bailed out after an embarrassingly short 49-day run, and it cost CEO Léo Apotheker his job. Microsoft's every move must be viewed as a reaction to the initiatives of these smarter, nimbler, and now, in the case of Apple, richer companies. When a company like Hulu goes on the block, these four companies are immediately seen as possible acquirers, and why not? They have the best weapons--weapons that will now be turned on one another as they seek more room to grow.
There was a time, not long ago, when you could sum up each company quite neatly: Apple made consumer electronics, Google ran a search engine, Amazon was a web store, and Facebook was a social network. How quaint that assessment seems today.
Jeff Bezos, who was ahead of the curve in creating a cloud data service, is pushing Amazon into digital media, book publishing, and, with his highly buzzed-about new line of Kindle tablets, including the $199 Fire, a direct assault on the iPad. Amazon almost doubled in size from 2008 to 2010, when it hit $34 billion in annual revenue; analysts expect it to reach $100 billion in annual revenue by 2015, faster than any company ever.
Remember when Google's goal was to catalog all the world's information? Guess that task was too tiny. In just a few months at the helm, CEO Larry Page has launched a social network (Google+) to challenge Facebook, and acquired Motorola Mobility for $12.5 billion, in part to compete more ferociously against Apple. Google's YouTube video service is courting producers to make original programming. Page can afford these big swings (and others) in the years ahead, given the way his advertising business just keeps growing. It's on pace to bring in more than $30 billion this year, almost double 2007's revenue.

September 14, 2011

YouTube Founders Aim to Revamp Delicious - NYTimes.com


DeLicious is coming back

YouTube Founders Revamping a Site for Link Sharing


SAN MATEO, Calif. — Chad Hurley and Steve Chen have some experience with turning a small Web site into Internet gold. In 2006 they sold their scrappy start-up YouTube to Google for $1.65 billion.
More recently they picked an unlikely candidate to be their next Web sensation: a Yahoo castoff.
The men are trying to inject new life into Delicious, a social bookmarking service that, in its time, was popular among the technorati, but failed to catch on with a broader audience.
“What we plan to do,” Mr. Hurley said in an interview here last week, “is try to introduce Delicious to the rest of the world.”
Created in 2003, Delicious lets people save links from around the Web and organize them using a simple tagging system, assigning keywords like “neuroscience” or “recipes.” It was praised for the way it allowed easy sharing of those topical links. The site’s early popularity spurred Yahoo to snap it up in 2005 — but in the years after that Yahoo did little with it.
In December, leaked internal reports from Yahoo hinted that the company was planning to sell or shut down the service.
At the same time, Mr. Chen and Mr. Hurley, who had recently formed a new company called Avos and begun renting space a few blocks from the original YouTube offices in San Mateo, had been brainstorming ideas for their next venture. One problem they kept circling around was the struggle to keep from drowning in the flood of news, cool new sites and videos surging through their Twitter accounts and RSS feeds, a glut that makes it difficult to digest more than a sliver of that material in a given day.
“Twitter sees something like 200 million tweets a day, but I bet I can’t even read 1,000 a day,” Mr. Chen said. “There’s a waterfall of content that you’re missing out on.”
He added, “There are a lot of services trying to solve the information discovery problem, and no one has got it right yet.”
When the men heard about Yahoo’s plans to close Delicious, their ears perked up, and they placed a personal call to Jerry Yang, one of the founders of Yahoo, and made him an offer. (They declined to disclose financial details of the transaction.)
At heart, they say, the revamped service will still resemble the original Delicious when it opens to the public, which Mr. Chen and Mr. Hurley said would happen later this year. But their blueprint involves an overhaul of the site’s design and the software and the systems used to tag and organize links.
The current home page of Delicious features a simple cascade of blue links, the most recent pages bookmarked by its users, and it tends to largely be dominated technology news. But the new Delicious aims to be more of a destination, a place where users can go to see the most recent links shared around topical events, like the Texas wildfires or the anniversary of the Sept. 11 attacks, as well as the gadget reviews and tech tips.
The home page would feature browseable “stacks,” or collections of related images, videos and links shared around topical events. The site would also make personalized recommendations for users, based on their sharing habits. “We want to simplify things visually, mainstream the product and make it easier for people to understand what they’re doing,” Mr. Hurley said.
Mr. Chen gives the example of trying to find information about how to repair a vintage car radio or plan an exotic vacation.
“You’re Googling around and have eight to 10 browser tabs of results, links to forums and message boards, all related to your search,” he said. The new Delicious, he said, provides “a very easy way to save those links in a collection that someone else can browse.”
They say they decided to buy Delicious rather than build their own service for a number of reasons.
“We know how hard it would be to build a brand,” Mr. Hurley said. “Delicious lets us hit the ground running with its existing footprint.”
A number of sites already have Delicious buttons as an option for sharing content — right alongside Facebook, Twitter and Tumblr, Mr. Hurley said.
But Mr. Chen said the team also “liked the idea of saving one of the original Web 2.0 companies that started the social sharing movement on the Web.” He added: “There was some sense of history. We were genuinely sad that it would be shut down.”
Both founders acknowledge that they were never diehard Delicious users. “I signed up in 2005 and I didn’t use it again until 2011,” Mr. Chen said with an embarrassed laugh.
But Mr. Chen said it had become clear only in recent years how valuable such social data is — for personalization and to customize advertisements. Eventually the men plan to add such sharply focused advertising to the site.
Mr. Hurley and Mr. Chen’s biggest challenge may be persuading already-overloaded people to start using yet another service. But Susan Etlinger, an industry analyst at the Altimeter Group, which studies technology and advises companies on how to use it, said Web users who were tired of wading through silly links and other noise on Twitter and Facebook might be open to a better solution that helps them find more personalized and relevant articles, links and videos.
“It feels like there’s still an open opportunity to set a new precedent for social search,” Ms. Etlinger said.
Caterina Fake, who helped to found Flickr, the photo-sharing service, among other start-ups, recalled her initial awe of Delicious.
“It opened up the Internet in a way that was not remotely possible before,” she said. “You couldn’t stop surfing. It was infini-surf. You could be interested in a really arcane field of biology and find the five other people that shared that same interest and shared links on that topic.”
Ms. Fake said Delicious might attract a wider audience now that more people are accustomed to sharing links and information socially — something foreign to most people eight years ago.
“It didn’t quite get to the mainstream before,” she said, “but I’m optimistic that it can get there now.”
The ambitions of Delicious’s new owners make it sound as if they want to jump into the social networking turf war among Facebook, Twitter and Google — a curious challenge considering Mr. Chen was at Google until 2009 and Mr. Hurley stayed even longer, giving up his title as chief executive of YouTube in late 2010.
But they resist the notion that they are looking to compete with those companies.
“Google is still the utility for quickly finding things, like the capital of Texas,” Mr. Chen said. “But when people aren’t doing search for a simple question, we want to capture the results of that idea, that browsing, and showcase the results for the next guy.”
Before starting YouTube with Jawed Karim, Mr. Hurley and Mr. Chen were among the early employees at PayPal, which helped shape the way people pay for goods online. Now they are trying to cast the same spell on Silicon Valley that YouTube did. But they are remaining true to their start-up roots with a sparsely outfitted space that houses around 15 employees, mostly engineers.
Computer desks and a few Ikea couches dot the office’s single floor, which is decorated with a few Street Fighter III and Spinal Tap posters and two slim-neck guitars — Mr. Chen’s. A flimsy computer-printed sign taped to a window announces the company’s name. There’s no sign of the bubbly excesses of some young start-ups — there isn’t even a kitchen or a sink.
“We’re trying to stay focused,” Mr. Hurley said.
Delicious still attracts around half a million visitors a month, according to comScore. Some of the early users are still fiercely protective of the service. Mr. Chen and Mr. Hurley said they planned to invite the earliest users to test a version of the new site and solicit feedback about the designs and features.
“We didn’t buy it so we can kill it,” Mr. Hurley said. “Hopefully people will understand that.”

This article has been revised to reflect the following correction:
Correction: September 13, 2011
An earlier version of this article misspelled the name of Jawed Karim, a YouTube co-founder
YouTube Founders Aim to Revamp Delicious - NYTimes.com:

'via Blog this'

September 06, 2011

Spy vs Spy: Cyber Crime, Surveillance on Rise in Latin America

Spy vs Spy: Cyber Crime, Surveillance on Rise in Latin America
Written by  Southern Pulse

Phone tapping, data theft, and secret recordings have made headlines across Latin America in recent weeks, reflecting the growth of cyber crime and information trafficking in the region, as Southern Pulse explains.

Domestic spying is in the news this month in the Western Hemisphere. A subject that is often not discussed in formal settings has made its way to the front pages of at least a dozen countries in Latin America and the Caribbean over the past few weeks. The news includes phone taps, hacked emails, covert video surveillance and legislative debates over privacy online and offline. A confluence of events around the region and the globe as well as improved spying technology has pushed this trend into the open and could change how the spy vs spy, police vs crime and government vs opposition scenarios play out in several countries.

Certainly, there have been phone taps and secret recordings for decades in Latin America. Perhaps the most famous examples were the “Vlad-videos” in Peru under the administration of President Fujimori and National Intelligence Service chief Montesinos. What makes 2011 different is the surge in surveillance by governments across the political spectrum and the media providing increased coverage of the situation.

The technology and techniques are a mixture of old and new. Phone taps and illegal recordings are old technologies that have become more sophisticated while data mining of social networks is a new field that all governments around the globe are just beginning to understand. Private hacking gangs appear to have surpassed the capabilities of government intelligence agencies in terms of the ability to hack email and computers, creating a new black market for information trafficking.

It’s worth noting that the technology to encrypt data has also become cheaper and easier to use, but has not yet caught on in much of Latin America. However, the increased public nature of government and private sector surveillance should push an increased demand for privacy technologies in the coming year, both by criminal groups and civilians who want greater privacy from the government.

Some examples from recent weeks follow:

A New York Times article described enhanced intelligence cooperation between the U.S. and Mexico that includes phone tapping technologies. The U.S. has assisted in the creation of intelligence fusion cells in Mexico and is providing information to a vetted group of Mexican authorities so that they can conduct operations against criminal organizations.

In Honduras, an investigation revealed that the email servers at the presidential palace had been hacked, giving one or multiple organizations access to email, the president's schedule and budget documents. Foreign government involvement does appear likely at this point. An Israeli firm has been hired by the government to provide increased cybersecurity protection.

Even as officials from the government of former President Uribe are being investigated for phone taps and domestic spying on judges and political opponents, the Colombian government showed off some new surveillance capabilities. Police utilized new online forensic capabilities and arrested a hacker who broke into the account of a journalist. The government, under attack by a local branch of the hacking group Anonymous, has announced they plan to have a new CERT agency online before the end of the year that can counter and investigate attacks.

In Venezuela, phone calls by opposition candidates have been recorded and played on state television as a way of embarrassing those politicians. It appears state intelligence is behind the tapping of the phones. This news comes just months after other sources indicated that Venezuela’s intelligence services, with the assistance of Cuban intelligence and private hacking groups inside Venezuela and Colombia, have hacked into the private email accounts of journalists and politicians and have stolen their messages for at least the past five years.

In Bolivia, the government tapped the phones of indigenous protesters and U.S. embassy officials. President Morales then revealed phone calls made between the two groups as a way of showing a plot against his government. In the process, he showed that his government is tapping the phones of political opponents and foreigners living in the country.

In Argentina, a number of private emails by Kirchner government officials recently appeared on a website “Leakymails.” There are three aspects to this scandal worth considering. First, the content of the emails contains personal information about key political officials. Though most of the emails released are rather boring, one set of emails does appear to link a government-backed candidate to organized crime. Second, the question of how the emails were obtained may point to the state intelligence service or former officials within the intelligence service committing domestic espionage. There are indications outside non-state groups hacking into government officials’ email account. Third, an Argentine judge ordered local ISPs to block the Leakymails websites. This opens a new chapter in web censorship in Argentina and the region and places the question of how private ISPs filter Internet content directly onto the policy agenda.

The government of Brazil fined Google for failing to reveal identifying information about an Internet user. According to Google, Brazil is the top country in the world for making requests to obtain user information or to block search results through legal actions. Part of this is due to Brazil’s speech laws that give public officials broad sway on any issue that could be considered libel or slander.

Similarly, the government of Ecuador is considering passing a law that would require Facebook and Twitter to provide information about anonymous postings based out of that country. Though President Correa has backtracked on his initial request, draft versions of the law suggest an expanded government authority to track the identity of users online.

The governments of Chile and Brazil have said they are starting to monitor social media sites as a way of detecting criminal activity as well as potential social unrest. For Brazil, this operation has included a military unit dedicated to cyberwarfare and cyberdefense. This unit is also receiving training from Israeli and U.S. firms in offensive operations in the cyber-domain, the first Latin American government to admit that publicly. For Chile, the monitoring of social media has made the government a target for the international hacking group Anonymous, which is also attacking government websites as a way of supporting recent protests by student groups. Chile’s domestic cybersecurity units, particularly those within the police, are now forced to increase their capacity to handle the incidents.

The issues reported only hint at some of the issues that remain hidden from public view. Police and intelligence organizations across the region have expanded their capacity for surveillance in recent years and a number of foreign firms from the U.S., Europe and Israel are assisting them in that effort. Meanwhile, criminal groups have banded together with hackers from Eastern Europe and Russia to enhance their technological capabilities to steal government and corporate information.

Back at the regional level, Latin American intelligence agencies are running into the same problem as their developed world counterparts: how do they analyze all the data they collect? The ability to collect and store data is moving more quickly than the ability to process, analyze and utilize it. For Presidents Chavez and Morales, who have very specific political targets for their intelligence collection campaigns, this has not been much of a problem. However, for Mexico, Brazil and Colombia, whose intelligence efforts do focus on organized crime (in spite of some high profile scandals in which they don’t), they cannot keep up with the data in a timely fashion. All three countries are known to have missed arrest opportunities in which they had data about a relevant target but did not filter it out of their mounds of data quickly enough to operationalize it.

Lurking among all of these government-related surveillance and privacy issues is an increase in private sector and corporate espionage in the region. Much less reported, companies have had gigabytes of data stolen by local private hacking groups and foreign governments from Eastern Europe and East Asia. In various surveys, over half of corporations in the region report being victim of cyberattacks and theft of data. These corporations, when they manage to detect the problem, generally do not report the problems to the governments. While it is apparent from the above examples that governments have plenty of surveillance issues on their plate, this private sector surveillance challenge cannot be ignored. The threat that some corporations and criminal groups may surpass local police and intelligence agencies in their surveillance and spying capabilities can be a problem for the future security of these states and the civil rights of their populations.

Reprinted with permission from Southern Pulse. See original article here.
_______________________________________
Check it out on The MasterTech Blog

May 26, 2011

Social Media Companies' Ridiculous Valuations


Can you say bubble?


Infographic: What the Largest Social Media Companies Are Worth

By Derek Thompson, The Atlantic
In 2010, LinkedIn made about $200 million in sales. In 2011, its stock price suggests a market cap of $9 billion. Trading at 45 times its revenue makes LinkedIn the highest price-revenue ratio of any stock in the world, said Espen Robak, president of the firm Pluris Valuation Advisors.

The rest of the social media brat pack is on the cusp of going public. Zynga's IPO could be weeks away. Facebook is expecting a $100 billion valuation by IPO in 2012. What kind of wild valuation multiples could we see from the next batch of upstarts? The cool chart below* answers that question. The upshot: Of the companies earning revenue, Twitter has the highest current revenue-valuation ratio.

GLG-TECHBUBBLE_Infographic.png

http://cdn.theatlantic.com/static/mt/assets/what-were-reading/GLG-TECHBUBBLE_Infographic.png

* To answer the question posed by the chart (Is there a tech bubble?) the best answer is: This chart doesn't have the answer. Investors are willing to pay the prices they're paying for private and public stock either because they believe they can get their money out before the market realizes there is a bubble (a risky strategy) or because they really think that these companies will grow quickly and eventually settle at mundane multiples, like Google and Microsoft. Graph courtesy of Gplus.
This article available online at:


_______________________________________
Check it out on The MasterTech Blog

May 18, 2011

The Future of Skype

"Every time some big clumsy corporate behemoth buys a popular consumer-tech product, I cringe. It almost never works out. The purchased company’s executives take a huge payday; promises are made all around that they’ll be allowed to continue operating independently; and then, within a couple of years, the product disappears altogether. A little star of the tech sky is snuffed out, for absolutely no good reason."


The Future of Skype

Microsoft reached a deal to acquire Skype earlier this week. Justin Sullivan/Getty ImagesMicrosoft reached a deal to acquire Skype earlier this week.
NYTimes.com
David Pogue
Analysts — the ones who think the deal is a good idea — say that Microsoft can use Skype’s voice and video technology to build into its products, like Windows and Kinect.
Well, you heard the news: Microsoft is going to buy Skype for $8.5 billion. It’s the most money Microsoft has ever spent for anything.
But that’s such a weird analysis, since Windows and Kinect already have voice and video built in. Hello? NetMeeting? Windows Live Messenger?
The difference, of course, is that nobody used those programs. At least not compared with the 170 million people who use Skype every month, including close to 9 million of them who actually pay for the service. (You pay, for example, if you want to make voice calls to telephone numbers, rather than other computers or phones.)
“It’s an amazing customer footprint,” Ballmer said in a Times interview. “And Skype is a verb, as they say.”
And so is “Google.” I’d be willing to guess that this purchase was as much about “look what we’ve got, Google!” as it is about Microsoft’s technology strategy.
Every time some big clumsy corporate behemoth buys a popular consumer-tech product, I cringe. It almost never works out. The purchased company’s executives take a huge payday; promises are made all around that they’ll be allowed to continue operating independently; and then, within a couple of years, the product disappears altogether. A little star of the tech sky is snuffed out, for absolutely no good reason.
Yahoo bought GeoCities, Broadcast.com, HotJobs.com, MusicMatch, Konfabulator and Upcoming. AOL bought CompuServe, Netscape and Xdrive—all gone or irrelevant now. Cisco bought the Flip camcorder, and then killed it last month.
But what about Microsoft? Its acquisitions list includes the Sidekick (Danger) service, Groove, Placeware, Massive, LinkExchange and WebTV.
It has shut down all of them.

May 13, 2011

Another day, Another Security Leak: Facebook this time

Today it's Facebook.  
" ... Over the years, hundreds of thousands of applications may have inadvertently leaked millions of access tokens to third parties,"
  Symantec had to get them to come out and tell you...


And yet it amazes people continue to put things online that they wouldn't want the whole world to see...

Story from Reuters below:

Facebook may have leaked your personal information: Symantec
Photo
12:46am EDT
(Reuters) - Facebook users' personal information could have been accidentally leaked to third parties, in particular advertisers, over the past few years, Symantec Corp said in its official blog.
Third-parties would have had access to personal information such as profiles, photographs and chat, and could have had the ability to post messages, the security software maker said.
"We estimate that as of April 2011, close to 100,000 applications were enabling this leakage," the blog post said.
" ... Over the years, hundreds of thousands of applications may have inadvertently leaked millions of access tokens to third parties," posing a security threat, the blog post said.
The third-parties may not have realized their ability to access the information, it said.
Facebook, the world's largest social networking website, was notified of this issue and confirmed the leakage, the blog post said.
It said Facebook has taken steps to resolve the issue.
"Unfortunately, their (Symantec's) resulting report has a few inaccuracies. Specifically, we have conducted a thorough investigation which revealed no evidence of this issue resulting in a user's private information being shared with unauthorized third parties," Facebook spokeswoman Malorie Lucich said in a statement.
Lucich said the report also ignores the contractual obligations of advertisers and developers which prohibit them from obtaining or sharing user information in a way that "violates our policies."
She also confirmed that the company removed the outdated API (Application Programing Interface) referred to in Symantec's report.
Facebook has more than 500 million users and is challenging Google Inc and Yahoo Inc for users' time online and for advertising dollars.
(Reporting by Thyagaraju Adinarayan and Sakthi Prasad in Bangalore; Editing by Bernard Orrand Anshuman Daga)
© Thomson Reuters 2011. All rights reserved.
Facebook may have leaked your personal information: Symantec | Reuters

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-- The MasterFeeds

Facebook Loses Much Face In Secret Smear On Google

Facebook Loses Much Face In Secret Smear On Google
Facebook secretly hired a PR firm to plant negative stories about Google, says Dan Lyons in a jaw dropping story at the Daily Beast.
For the past few days, a mystery has been unfolding in Silicon Valley. Somebody, it seems, hired Burson-Marsteller, a top public-relations firm, to pitch anti-Google stories to newspapers, urging them to investigate claims that Google was invading people’s privacy. Burson even offered to help an influential blogger write a Google-bashing op-ed, which it promised it could place in outlets like The Washington Post, Politico, and The Huffington Post.
The plot backfired when the blogger turned down Burson’s offer and posted the emails that Burson had sent him. It got worse when USA Today broke a story accusing Burson of spreading a “whisper campaign” about Google “on behalf of an unnamed client.”
Not good.
The source emails are here.
I’ve been patient with Facebook over the years as they’ve had their privacy stumbles. They’re forging new ground, and it’s not an exaggeration to say they’re changing the world’s notions on what privacy is. Give them time. They’ll figure it out eventually.
But secretly paying a PR firm to pitch bloggers on stories going after Google, even offering to help write those stories and then get them published elsewhere, is not just offensive, dishonest and cowardly. It’s also really, really dumb. I have no idea how the Facebook PR team thought that they’d avoid being caught doing this.
First, it lets the tech world know that Facebook is scared enough of what Google’s up to to pull a stunt like this. Facebook isn’t supposed to be scared, ever, about anything. Supreme confidence in their destiny is the the way they should be acting.
Second, it shows a willingness by Facebook to engage in cowardly behavior in battle. It’s hard to trust them on other things when we know they’ll engage in these types of campaigns.
And third, some of these criticisms of Google are probably valid, but it doesn’t matter any more. The story from now on will only be about how Facebook went about trying to secretly smear Google, and got caught.
The truth is Google is probably engaging in some somewhat borderline behavior by scraping Facebook content, and are almost certainly violating Facebook’s terms and conditions. But many people argue, me included, that the key data, the social graph, really should belong to the users, not Facebook. And regardless, users probably don’t mind that this is happening at all. It’s just Facebook trying to protect something that it considers to be its property.
Next time Facebook should take a page from Google’s playbook when they want to trash a competitor. Catch them in the act and then go toe to toe with them, slugging it out in person. Right or wrong, no one called Google a coward when they duped Bing earlier this year.
You’ve lost much face today, Facebook.
Update: Sleazy PR Firm Throws Scummy Facebook Under The Sordid Bus

May 08, 2011

The ‘Facebook Class': Apps & Fortune Makers

The Class That Built Apps, and Fortunes

May 7, 2011

NYTimes.com




STANFORD, Calif.
ALL right, class, here’s your homework assignment: Devise an app. Get people to use it. Repeat.
That was the task for some Stanford students in the fall of 2007, in what became known here as the “Facebook Class.”
No one expected what happened next.
The students ended up getting millions of users for free apps that they designed to run on Facebook. And, as advertising rolled in, some of those students started making far more money than their professors.
Almost overnight, the Facebook Class fired up the careers and fortunes of more than two dozen students and teachers here. It also helped to pioneer a new model of entrepreneurship that has upturned the tech establishment: the lean start-up.
“Everything was happening so fast,” recalls Joachim De Lombaert, now 23. His team’s app netted $3,000 a day and morphed into a company that later sold for a six-figure sum.
“I almost didn’t realize what it all meant,” he says.
Neither did many of his classmates. Back then, Facebook apps were a novelty. The iPhone had just arrived, and the first Android phone was a year off.
But by teaching students to build no-frills apps, distribute them quickly and worry about perfecting them later, the Facebook Class stumbled upon what has become standard operating procedure for a new generation of entrepreneurs and investors in Silicon Valley and beyond. For many, the long trek from idea to product to company has turned into a sprint.
Start-ups once required a lot of money, time and people. But over the past decade, free, open-source software and “cloud” services have brought costs down, while ad networks help bring in revenue quickly.
The app phenomenon has accentuated the trend and helped unleash what some call a new wave of technology innovation — and what others call a bubble.
Early on, the Facebook Class became a microcosm of Silicon Valley. Working in teams of three, the 75 students created apps that collectively had 16 million users in just 10 weeks. Many of those apps were sort of silly: Mr. De Lombaert’s, for example, allowed users to send “hotness” points to Facebook friends. Yet during the term, the apps, free for users, generated roughly $1 million in advertising revenue.

March 08, 2011

Lybian Uprising Tweets

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Check it out on The MasterTech Blog

March 05, 2011

Tehran times : Saudi king to buy Facebook to end the revolt: report

Looks like they fell for this one!!

Saudi king to buy Facebook to end the revolt: report

In what is being termed as pure Wall Street Gordon Gecko tactics, King Abdullah of Saudi Arabia has decided to make an offer of $150 billion to buy out Facebook. 
Inside sources within the kingdom suggest that the King is very upset with Mark Zukerberg for allowing the revolt to get out of control, Ahlul Bayt News Agency reported.

In a personal meeting between Mark Zuckerberg and King Abdullah on Jan 25, 2011, Zuckerberg had promised that he would not allow any revolt pages to be formed on Facebook even while he allowed Egypt and Libya revolt pages to be formed.

Left with no option, Abdullah advised by Goldman Sachs has decided to buy out Facebook and "clean out the weeds". The offer on the table is $150 billion. Facebook balance sheet was shown to King Abdullah and his kingdom advisors had mentioned that it is not even worth $1 billion given that it generates no profit. But the King threw the report into the dustbin and fired his advisors and decided to hand over the investment banking mandate to Goldman Sachs who put the value at $150 billion. The deal will be all cash.

Most analysts believe that Zuckerberg will not take the offer and will wait for King Abdullah to up the offer to at least $500 billion. In the meanwhile king Abdullah has now logged on the Facebook and was busy profiling some of the models in the Goldman Sachs presentation.

Plans to provide cheap land for housing

In another development, minister of Municipal and Rural Affairs Prince Mansour bin Miteb said the government is striving to make affordable housing plots available for citizens.

"The Ministry of Municipal and Rural Affairs has allocated 130 plots for the General Housing Authority," said Prince Mansour, adding that the task of making land cheaper needs the efforts of many government departments.

The prince said the housing authority, which has many plots of land left over from older allocations, will strive to provide houses to as many citizens as possible in all provinces. He added that a few housing projects were implemented in an unscientific manner and had to be redesigned. 




Sent from my iPad

February 03, 2011

Zuckerberg's Facebook Page Hacked

Zuckerberg's Facebook Page Hacked - Technorati Technology


It happened to Julian Assange when someone got into his personal dating records in December. So why should it be so strange that someone hacked into Facebook founder Mark Zuckerberg's Facebook account?


Maybe it has something to do with the fact that Zuckerberg is so busy telling the rest of us how safe and secure our private information is in Facebook. Just a little ironic.

At some point Tuesday, someone hacked onto Zuckerberg's fan page on Facebook and left this message:

"Let the hacking begin. If facebook (sic) needs money, instead of going to the banks, why doesn't Facebook let its users invest in Facebook in a social way? Why not transform Facebook into a 'social business' the way Nobel Prize winner Muhammad Yunus described it? [Link] What do you think? #hackercup2011"

Zuckerberg's Facebook Page Hacked - Technorati Technology
Facebook, hackers, News, Security, SocialNetworks, spying, Tech
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Check it out on The MasterTech Blog

January 28, 2011

LinkedIn's IPO to test appetite for Facebook | Reuters

LinkedIn's IPO to test appetite for Facebook

LinkedIn CEO Jeff Weiner talks during an interview during the Reuters Technology Summit in San Francisco, California May 17, 2010. REUTERS/Robert Galbraith
NEW YORK/SAN FRANCISCO | Thu Jan 27, 2011 10:21pm EST 
NEW YORK/SAN FRANCISCO (Reuters) - LinkedIn Corp announced plans to go public this year in what could be a test of investor appetite for social networking websites ahead of a highly anticipated Facebook offering.
LinkedIn announced its intention to go public on Thursday, setting the stage for the company co-founded in 2002 by ex-PayPal executive Reid Hoffman to become the first social network to plant a flag on Wall Street.

But many investors will be watching LinkedIn's IPO to gauge the appetite for Facebook, now valued at $50 billion as the world's most dominant social network, and other Internet IPOs.
"Facebook has definitely escalated people's interest in the sector and I think there's a lot of demand (for more Internet IPOs)," said Rory Maher, an analyst with Hudson Square Research.

The number of shares to be offered and the price range have not yet been determined, according to the form S-1 registration statement that LinkedIn filed with the Securities and Exchange Commission.

Investor interest and valuations are surging for privately held Web companies like Facebook, Zynga and Groupon. LinkedIn revealed its plans a day after newly public Internet company Demand Media Inc saw its shares jump roughly 33 percent in their first day of trading.
Just this week, Groupon Chief Executive Andrew Mason said the company was considering an IPO and was in talks with bankers.

Facebook, the world's No. 1 Internet social network, recently raised $1.5 billion in funding in a deal that valued the company at $50 billion.

Facebook said recently it planned to publicly disclose its financial results by April 2012, a regulatory requirement triggered by the company's number of shareholders and a move that some believe could lead to a public offering.

LinkedIn's net revenue nearly doubled to $161.4 million in the first nine months of 2010, with $1.85 million in profit, according to the filing.

In contrast, Facebook, which has far more users worldwide, had $1.2 billion in revenue in the first nine months of 2010 and $355 million in profit, according to a Goldman Sachs prospectus pitching the company earlier this month to investors.

LinkedIn, which caters to professionals, has 90 million users, compared with the more than 500 million users of Facebook's mainstream social networking service.

Morgan Stanley, Bank of America and JPMorgan are among the book runners for the LinkedIn offering.

A portion of the shares will be issued and sold by the company, while a separate portion will be sold by certain stockholders of LinkedIn, the filing said. No specific details were disclosed.
LinkedIn's investors include Greylock Partners, Bessemer Venture Partners, Goldman Sachs and Sequoia Capital, a venture capital firm that has backed Yahoo, Google, Apple Cisco Systems and Oracle.

(Reporting by Nadia Damouni in New York and Alexei Oreskovic in San Francisco; Editing by Bernard Orr, Gary Hill)


LinkedIn's IPO to test appetite for Facebook | Reuters

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