Facebook, Twitter Say Europe’s Privacy Law Causing User Drop – Bloomberg

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Amid a plummeting share price, Facebook Inc. wants panicked investors to believe Europe’s strict General Data Protection Regulation is to blame for fewer people using the social network in the region. EU lawmakers disagree.

The new law came into force on May 25 and forced companies that hold data on EU citizens to obtain “unambiguous” consent to collect personal information. Facebook knows a lot about what people are interested in, and makes that audience easily available to advertisers. That’s fueled rapid revenue growth, billions of dollars in profit, and a surging stock price in recent years.

More than $100 billion of those market gains were wiped out Thursday after Facebook reported sales and user growth numbers that disappointed Wall Street. The company lost about 1 million of European monthly active users in the second quarter, leaving it with 376 million. Daily users fell more. Chief Financial Officer David Wehner blamed the decline on the GDPR roll out.

“We saw the declines that we anticipated from GDPR,” he said. “And I would say there, really, those impacts were purely due to the GDPR impact, not other engagement trends.”

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Read more…

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IRS (@IRStaxpros) | Twitter

 

Follow IRS on Twitter

Did you know the IRS has a Twitter account that provides news and guidance tailored for tax professionals?

Get the latest news and updates affecting you and your clients by following IRSTaxPros at https://twitter.com/irstaxpros.

NY Investigates Company Selling Fake Followers – Technologist

By William Vogeler, Esq.

What’s the difference between paying for fake followers and selling bots that use stolen identities?

There is no difference because they are both embarrassments. Actually, selling bots with stolen identities as fake followers is also a crime.

That’s what New York’s attorney general says after opening an investigation based on an expose by the New York Times. The newspaper disclosed that social media users buy fake followers — bots using real identities — to raise their public profile.

Read more…

Merkel ally threatens Facebook with fines over online hate speech | Reuters

A senior German conservative has warned Facebook it could face fines if it fails to act faster to tackle online hate speech, and he said the government could propose legislative measures in the new year.

Speaking at a party conference of Chancellor Angela Merkel’s Christian Democrats (CDU) in Essen, western Germany, Volker Kauder suggested politicians were running out of patience with efforts by social media providers to crack down on hate speech. 

“I expect from big companies like Facebook that they adhere to laws. If they are not respected than we must think about new possibilities, fines for example,” he said.

Read more…

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Google Allo review – CNET

By: Lynn La

 

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THE GOOD Google Allo is available on both Android and iOS, and features a digital Assistant that fetches information for you in a conversational way. Its Incognito Mode erases conversations and has end-to-end encryption.

THE BAD Allo doesn’t integrate video calling, and it doesn’t have as many features as its competitors, like baked-in GIF support or control over read receipts.

THE BOTTOM LINE It’s not a perfect communications app on Day 1, but the integrated, all-knowing Google Assistant bot sets Allo apart from the messaging competition.

Visit manufacturer site for details.

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Read entire review, with graphics, here…

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Sui Generis–a New York law blog: Defining “Social Media” For Probationers

By Nicole Black

It seems lawyers can’t escape social media, no matter how hard we try. As I’ve written about previously, social media is now being used as evidence in cases, lawyers are using it to research jurors, and people are being charged with crimes relating to their actions taken using social media. And once those individuals are convicted, many of them are placed on probation and their use of social media is often limited by the terms of their probation.

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Of course, that gap in the Court’s analysis is a perfect example of the difficulties courts encounter when attempting to specify, limit, and define ever-changing concepts such as “social media” and “sites.” Because these concepts are constantly evolving, courts would be wise to draft broad, elastic definitions in their decisions that will withstand the test of time, lest their conclusions be rendered outdated as soon as the ink dries.

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Read entire post here.

Just Delete Me | A directory of direct links to delete your account from web services.

JUSTDELETE.ME

SCIENCE

justdelete.me

Have you ever wanted to track down all the web apps and online accounts

that have your personal information and just remove yourself?

JustDelete.Me helps readers do just that. The service features a giant

list of the web’s most popular apps and services with links so that you

can delete your account. In addition, the site categorizes services into

four categories by how difficult it is to remove yourself. Green means

it’s easy, yellow signifies a service that requires a few additional

steps, red indicates that the account cannot be deleted without

contacting customer service, and the black code, which is thankfully

rare, marks an account that cannot be deleted. In addition, readers may

install the associated Chrome Extension, which alerts readers to when

they are on a page that is listed on the JustDelete.Me site and then

takes readers through the deletion process. [CNH]

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