Page 63 - User Information News Today

In brussels which trump is set to attend. lets turn to business. facebooks disclosure it shared block information with 61 companies caught the eye of several federal companies. cnbcs reporter joins us from london with more. how much regulatory pressure is facebook getting and how poorly is this going to affect the social media giant? >> reporter: yeah. good morning. so its more bad news for facebook. according to the "washington post," the s.e.c. and fbi will join the department of justice and...

Goods catchup, lawnmowers, ballpoint bandpens, even strawberry jam will face a 10 percent tariff when they get to the canadian border so this could have big implications from us companies. we havent heard what president trump has to say but i imagine he will be tweeting about this later today . rob: he said no tariffs, weve got to remember that . jillian: this came out last friday, late in the evening. facebook shared with congress about 700 pages and documents and it came out that facebook shar...

Percent tariff, the same penalty the united states has slapped on imported steel at the end of may. heather: in the united states, second trade importer in good right behind china. it does have significant implications, we will see what president trump has to say about this this morning. heather: what about this facebook, what do they have to say about which companies have access to user data? >> this came out in a document late friday night to congress, facebook did disclose that shared user in...

Much cooler in chicago, 79 today. thats more like it. you can open the windows after the stifling heat the last couple of days. dry throughout much of the west. just the pacific northwest with a shower or two. wednesday is the 4th of july. we are still watching temperatures that are very warm but not quite as hot. i have the green on the map here which shows where theres a chance of some rain. there will be hit-and-miss showers and storms, chicago, pennsylvania. as far as the fireworks forecast ...

Even further. let me toss it back to you the studio. >> theres criticism over how facebook manages user information. that has been renewed after the company admitted to sharing data with at least 61 companies in a congressional document late on friday. how will this latest development impact the company going forward? i guess the troubles continue with user data for facebook. >> its negative. we were told back in 2015 developers access was restricted. now to the latest data deluge, were told tha...

Billions that are spending hours and hours at a time still using it. maybe and older demographic. heres another situation, another story coming out that yes, facebook has shared information with four big chinese companies, huawa being one of them. theyre the third largest smart phone maker in the world. they have said dont worry, your or my user information is only on the phone or stored on a huawa phone. it wouldnt be put on the server. facebook says that theyre going to be ending their partner...

Philadelphia, good morning. rob: the associated press may have been caught posting what some are calling fakeness the agency tweeting nra bands guns at donald trumps vp pens thees in dallas, it was deleted after the nra pointed out it simply the secret service and their protocol could not allow guns during presidential events. jillian: twitter and musing it sold user data to a researcher, the social media giant says global science research was given legal access to data, no private user informat...

Years ago. i did not hear a clearance whether or not facebook executives know what happened to that data as of today. did you answer that question? >> i think youll have an opportunity to further clarify that. he said they have agreements with these third party vendors that they destroy this data. but i have to assume and i think most people do that because some of these contractors that they were doing business with violated the terms of that agreement, that some of that user information is out...

Our for short its actually not new it was approved by the european parliament two years ago but it will be coming into effect now next month may twenty fifth and overall this will be a big change to the rules here in europe in terms of how companies can collect store and process large amounts of user information the actual regulation is ninety pages long we wont go through all ninety pages dont worry but just to sum it up this will give more power to consumers when it comes to their own personal...

Permission, that indicates not only a lack of resource but lack of attention to privacy. and so so my reservation about your testimony today is that i dont see how you can change your business model unless there are specific rules of the road, your business model is to monetize user information to maximize profit over privacy. and unless there are specific rules and requirements, enforced by an outside agency, i have no assurance that these kinds of vegas commitment -- vague coe going to produce...