Edward Snowden to Reveal How Social Media Spies on Users

Whistleblower Edward Snowden is back, and he is about to share more of his deepest and darkest secrets in a new tell-all memoir. Snowden, a former CIA employee, has written a new book aptly entitled “Permanent Record.” The former contractor with the National Security Agency (NSA) will apparently disclose how he managed to gather and […]

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Fake Libra Peddlers LOL-Swarm Facebook for Discount Crypto Scam

Numerous fake accounts, groups, and pages operated by fraudsters have swamped Facebook and Instagram to mispresent themselves as the official hubs for the social media giant’s upcoming Libra crypto, the Washington Post reported today. Fake Libra accounts with hundreds of followers Despite Libra’s expected launch in 2020, a part of the scammers are already selling […]

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RoboCop Is Watching: Instagram to Use AI to Censor Mean Comments

Instagram will soon trial a new AI-powered system for dealing with online bullying and abuse. Currently, the Facebook-owned social media platform uses a conventional human-dependent system for dealing with this issue that relies on users flagging and reporting comments as spam, abuse, or hate speech. On Monday, however, Instagram Head Adam Mosseri reportedly revealed that […]

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Instagram Data Breach Reports Prove You Should Skip Facebook’s Crypto

By CCN: Another day, another Facebook data leak affecting millions of dubious users. This time around, security researcher Anurag Sen discovered a public Amazon Web Services (AWS) database containing the contact information of more than 49 million Instagram accounts, TechCrunch reports. For those out of the loop, Facebook is the monopolistic owner of Instagram and most other things social media. Details of the Instagram Data Leak The exposed database includes public information from Instagram accounts such as the number of followers, likes, and shares of a particular user. More concerning, though, is the inclusion of email addresses and phone numbers

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Facebook Will Rake in $10 Billion a Year from Instagram Checkout: Analyst

A major European investment bank says the Instagram Checkout feature which debuted last week will make Facebook $10 billion richer every year by 2021. The social media app’s new shopping cart is rolling out in beta with 23 top brands (like Nike, Adidas, Dior, and Prada). Now we know how people are going to spend all those “FaceCoins.” Facebook Sinks its Teeth into E-Commerce with Instagram Checkout Facebook is investing heavily in Instagram Checkout, according to Deutsche Bank’s Lloyd Walmsley in a Monday note to investors: “We think a more streamlined E-Commerce experience on Instagram could add an incremental $10

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Pinterest’s Big IPO Bet is E-Commerce: Can It Beat Instagram and Amazon?

Pinterest, one of the most widely utilized photos sharing platforms for content creators, artists, and casual users, has filed its S-1 form to conduct an initial public offering (IPO). In its post-IPO era, Pinterest is reportedly planning to expand into the e-commerce market, competing against the likes of Instagram, Amazon, and Walmart. Depending on the success of its initiative to create an e-commerce-enabled platform, Pinterest may be able to secure a new source of revenue it is yet to touch upon. “We are in the early stages of our monetization efforts, and there is no assurance we will be able

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Facebook Stock Soars Despite Privacy Issues: Why Won’t Investors Take Their Heads out of the Sand?

Facebook users are either very naive or just not easily phased. They helped the social media giant set revenue records during the last quarter when it was plagued by data breaches and privacy concerns. Not only did the seemingly-embattled media behemoth report record earnings, but it also reported a significant increase in user growth. Facebook Stock Shrugs off Privacy Concerns Users were undeterred by the data breaches Facebook was forced to admit had occurred. Businesses who collectively spend billions of dollars advertising on the social media service were also undeterred as they continued to plow funds into buying ads on

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