How Facebook Got Here, From The Dorm Room To The Data Scandals

Another day, another Facebook blunder, mishap or scandal – or so it’s felt since the Cambridge Analytica storyline kicked in mid-March. But the nonstop headlines and incremental news hits make it easy to lose historical perspective. (As a colleague recently noted with surprise, “Wait, the Cambridge Analytica news only came out five months ago? Feels likeContinue reading »

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Crimson Hexagon’s Plight In Five Words: Facebook Doesn’t Want Another Scandal

Getting in bed with Facebook sometimes means waking up alone – and without your wallet. Social analytics platform Crimson Hexagon is experiencing an unpleasant prolonged morning following a report late last week accusing the company of tapping into public user data for government contracts in possible violation of Facebook’s terms of service. Facebook suspended Crimson Hexagon’sContinue reading »

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Kogan: Cambridge Analytica’s Supposed Data Genius Was Just Hack Work

It’s been a weird four months for Aleksandr Kogan. The 33-year-old went from an obscure research psychologist at Cambridge University to one of the villains at the heart of the Cambridge Analytica scandal. Kogan, who testified Tuesday before a Senate Commerce subcommittee, apologized for his role in the controversy, but disputes that the data providedContinue reading »

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Cambridge Analytica Shuts Down; Oath Reportedly Scans Email For Transaction Data

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. End Of An Error Cambridge Analytica has shut down. “The Company is immediately ceasing all operations and the boards have applied to appoint insolvency practitioners Crowe Clark Whitehill LLP to act as the independent administrator for Cambridge Analytica,” the company said in a statement.Continue reading »

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F8: Some Developers Are Frustrated, But Most Are Far From Mutinous

“This has been an intense year – I can’t believe we’re only four months in.” Mark Zuckerberg kicked off Facebook’s F8 developers conference in San Jose on Tuesday with a joke, and he got a few chuckles from the gathered crowd of 5,000 developers. Facebook’s recent crackdown on API access and data flows in response toContinue reading »

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After Parliamentary Testimony, Is Facebook Or The Ad Industry Capable of Self-Regulation?

Facebook’s CTO, Mike Schroepfer, faced five hours of intense and technically savvy grilling by members of a parliamentary committee on Thursday. The takeaway: UK regulators don’t trust Facebook. To put it more pointedly in the words of British conservative MP Julian Knight: Facebook is a “morality-free zone” with no respect for consumer privacy or theContinue reading »

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Increased Facebook Ad Prices Drive Revenue Growth

Facebook might be weathering more headwinds than you can shake a stick at right now, but that didn’t stop it from posting gangbuster earnings on Wednesday. Revenue for the quarter clocked in at $11.97 billion, up 49% year over year – beating the Street’s estimate of $11.41 billion. Click here to read the release. ProofContinue reading »

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Facebook’s Ad Chief: ‘What The World Really Wants To See From Us Is Action’

Although a handful of advertisers have suspended their Facebook campaigns in the wake of the platform’s ongoing data scandal, most are staying the course. “Both advertisers and developers are very understanding about having some features removed that they were using,” said Mark Rabkin, Facebook’s VP of ads and business platform, who took the reins fromContinue reading »

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Google Dodges Privacy Scrutiny; Fiscal Wonk Sues Facebook Over Likeness In Crypto Ads

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. The Other Giant Google deserves some of the flack that Facebook is almost exclusively catching in the wake of its Cambridge Analytica scandal, writes Christopher Mims for The Wall Street Journal. Mims argues that Google has lax standards for merging data between its variousContinue reading »

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Zuck Speaks: Facebook Restricts API Data Access And Shares Updates On User Privacy Efforts

A blog post by Facebook Chief Technology Officer Mike Schroepfer on Wednesday detailed restrictions on data access for a number of its APIs, including events, groups and pages. Read it. (The blog also revealed in that post that Cambridge Analytica had harvested 87 million profiles, rather than 50 million, as was originally widely reported.) DeveloperContinue reading »

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