Page 30 - Consumer Data News Today

Giant social experiment right now and the issue can get complicated. i put it down in an explainer to break it down for you. ? whenever you download an app or post a social media or shop online or browse around the interweb, websites are collecting your personal data and creating a profile of you. that can mean anything from your credit card information to your social security number, your search history, your household income and even your location. >> they have built a little data voodoo doll ...

Consumer data, to antitrust issues. that highlights the fundamental tension that exists between washington, d.c. and silicon valley companies like facebook which is that lawmakers have so many issues theyd like to address, and yet it is proven to be such a challenge for them to go about the business of actually regulating facebook. obviously some form of regulation is coming. mark zuckerberg wants to have a seat at the table. he articulated as much six months ago in an op-ed in "the washington p...

But are these indications that that thinking is changing, that there are other forms of dominance that affect consumers like you and me and need to be challenged? >> not really, and thats why this case is going to be tricky for the state attorneys general. there are two things in the laymans understanding of anti-trust. one thing you have to show is there is a market share problem. and what is, where is the dominance. and here, what theyre looking at purportedly is advertising, and companies can...

Promised. facebook has responded and their response is essentially that were having difficulty anonymizing and securing the private data of individuals to do this in a legitimate way. i think that that is a true and real response. i do think that they may be delaying a little bit. but i do think that its not easy to thread the needle of the transparency paradox. they have to be open and transparent and secure at the same time. they have to use tools like differential privacy to release anonymous...

Oversight project also known as s.t.o.p. i know you also call yourself an artificial intelligence activist. thank you for coming on? thanks for having me. a lot of people are seeing this and theyre thinking oh, my gosh, what did i do already? you say its been a shock to see so many people do this without thinking through the potential of where this information could land. tell me more about your concerns? >> well, i think its a scandal, not because of any one particular company, but because this...

We have the president of the united states, we have the incumbency, we know where were going. >> reporter: the trump campaign never really ended. in a highly ununusual move the president filed for re-election the day he was inaugurated. a day later he hired brard parscale who worked with the trump organization but never in politics as the campaign digital director. >> maybe i would have never been here sitting in this chair in any other situation but i wake up every day believing im the right gu...

Facebook, google, amazon, that they are too big and powerful. jesse just suggested maybe they dont have any sense of loyalty to the united states. >> lisa: a lot of this comes to the criticism over data which i think is one of the biggest fake news stories of all time. the obama team did the exact same thing that cambridge analytica did. the only reason anyone cared about it they got caught in president trumps orbit. both the rnc and dnc have massive data bases of consumer information for voters...

Facebook, google, amazon, that they are too big and powerful. jesse just suggested maybe they dont have any sense of loyalty to the united states. >> lisa: a lot of this comes to the criticism over data which i think is one of the biggest fake news stories of all time. the obama team did the exact same thing that cambridge analytica did. the only reason anyone cared about it they got caught in president trumps orbit. both the rnc and dnc have massive data bases of consumer information for voters...

I dont think breaking up is necessary and certainly shouldnt be a political question. it should be a case-by-case question for the ftc or doj. >> we should disclose to our viewers you have endorsed our co-chair for bernie sanders, as we talk about his policies. >> i have great respect for elizabeth warren. we have slight differences maybe on this issue but in general shes terrific >> fair enough. amy klobuchar at south by southwest pitched a tax on big-tech profits on consumer data. is that an i...

Should have reviewed it. but now you cant just break it up in a due process in the department of justice. they need to review that. you look at the history of silicone valley, whether it was microsoft, aol, whether it was yahoo! or ebay, these companies have lost and new companies have emerged. the key is to make sure they cant privilege their own products. i dont think breaking up is necessary and certainly shouldnt be a political question. it should be a case-by-case question for the ftc or do...