Facebook admits that it has been listening your voice

Facebook admits that it has been listening your voice

Microsoft, Google, Apple, and Amazon have all admitted in recent weeks that they’ve heard your voice, whether from your virtual assistant, your smart speakers or your Skype calls.

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Now surprisingly, Facebook has also joined their ranks and admitted to using contractors to listen to users’ voices.

Bloomberg reports that the company has asked its contractors to transcribe voice conversations in order to evaluate the accuracy of voice recognition systems.

The report suggests that some of Facebook’s own contractors thought their work was unethical, as they were unaware of the source of these recordings and because users were not informed that third parties would have access to their data.

While the company’s data usage policy mentions that “systems automatically process content and communications that you and others provide to analyze the context”, there is no mention of human review of audio content.

Facebook insisted that only those who agreed had their audio transcribed from the program. The company also told Bloomberg that it had stopped the practice a week earlier.

All of this comes in the context of a constant blocking of company-related privacy scandals.

Cambridge Analytica scandal alone has resulted in the company facing multi-million dollar fines from various regulatory bodies, including a $5 billion deal with the FTC for privacy violations.

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neOadviser – TECH

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Facebook will create an media-only space for news

Facebook will create an media-only space for news

The Wall Street Journal claims that this social network has contacted ABC News, Dow Jones, The Washington Post and Bloomberg to offer you about three million to become part of this project.

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According to the report, the media have been offered the opportunity to get licensed for up to three years and decide how they post the news, depending on whether they want to show all of the material on Facebook, or part of it, while some they keep it on they website.

However, it has not yet been announced what response the Facebook media has given if they want to cooperate or have other requests. While Facebook has not provided details, it has been announced that this format can be reached in the fall, so that only true information can be provided.

The social network Facebook has been criticized very often for spreading false and fake information, which has caused a lot of dissatisfaction among users.

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neOadviser – TECH

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Meet Libra, Facebook's long-awaited Cryptocurrency

Meet Libra, Facebook’s long-awaited Cryptocurrency

According to the white paper, Facebook’s cryptocurrency called “Libra” will operate in the Libra Blockchain and rely on a reserve of assets that will give it a stable value by protecting against fluctuations.

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These assets are bank deposits and short-term securities that will be held in the Book Reserve for each booklet that is issued for circulation.

The new payroll coefficient will be overseen by a non-profit organization based in Switzerland, the “Libra Association”, which consists of names such as Mastercard, PayPal, Visa, Stripe, eBay, Coinbase, Andreessen Horowitz and Uber as its founders.

Facebook hopes to expand this organization to 100 members ahead of Libra debut in the first half of 2020.

The Libra Organization is run by the Council of Libra Association. The members of the council are the founders where each leads a network node and is required a minimum initial $10 million investment.

Every 10 million provides one vote per entity to the council. Facebook also introduced the Libra Invesment Token, a currency other than that of the Equinox Libra which can be bought and distributed in the form of dividends for the founder of the organization and the accredited investors.

Because Libra is not technically tied to a state-owned currency, the white paper says users may not always swap the currency for a certain amount of paper money even though Facebook claims that reserve assets are chosen to minimize the variation of the cryptocurrency.

While reserve assets are geographically distributed to ensure its decentralization, the only reserve is managed by the Libra Association.

New Libra coins are created when authorized resellers buy coins from paper-based organizations and are destroyed when resellers sell currency to the organization again.

Facebook says the software that enables Libra blockchain implementation is open-source and serves an ecosystem of interoperable financial services by expanding the involvement of actors and investors.

Earlier reports say the currency will be used to ease Facebook payments and in platforms like WhatsApp, Messenger and Instagram exposing them to 2.7 billion active users per month.

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neOadviser – TECH

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Visa, Mastercard, PayPal And other Big Names To Support Facebook Cryptocurrency

Facebook has joined dozens of companies in support of the new social network cryptocurrency that is expected to be launched soon and among them has big names reported on The Wall Street Journal on Thursday.

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Visa, Mastercard, PayPal, and Uber are some of the most lucrative companies that will support the new Facebook technology. Each of them will invest nearly $10 million in the consortium that will oversee cryptocurrency, the WSJ reported, citing people close to the issue.

The money will be used to fund the creation of a currency that could be exchanged with some of the world’s most powerful paper money, the report further said. The social network decides not to comment on the report. Last week, it was reported that Facebook is close to the debut  this month the cryptocurrency.

While the encryption blockchain will be much more centralized than bitcoins with 100 or fewer nodes in the payment network, the company will benefit from outsourcing assistance to keep the system running.

Apart from building trust, this system would be a frontier payment platform. A smooth launch would be vital to the health of the counterfeiter without mentioning the need to address the troubles with the regulatory authorities which have shown little skepticism about cryptocurrencies.

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neOadviser – TECH

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Facebook will pays you if you let it track the phone

Facebook will pays you if you let it track the phone

Facebook will once again pay people to monitor how they use their phones through an app called Study.

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The app will monitor which apps are installed on a person’s phone, the time spent on them, the location you are, and other additional information that reveals specific uses.

Facebook says it will not see any specific content like messages, passwords, or websites that users visit.

Study comes a few months after the company eliminated a similar application called Facebook Research after many criticisms that drew.

The app was dedicated to teenagers and was available on iPhone. It uses a special certificate to override App Store restrictions and gain deep access to the phone.

The launch of Study shows Facebook’s famine about data and the way people use their phones. The study will only be available for users over 18 and only on Android where deep access can be guaranteed for every user.

Age of users will be verified by their Facebook account. Participants must have a PayPal account to be paid.

The social network did not unveil how much it would pay people to use the application but not everyone can enroll in the Study. Currently it is available only in the USA and India.

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neOadviser – TECH

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Facebook will launch the "GlobalCoin" cryptocurrency in 2020

Facebook will launch the “GlobalCoin” cryptocurrency in 2020

The coin, called GlobalCoin, would enable 2.4 billion monthly Facebook users to exchange dollars for other international currencies that can then be used to make payments and transfer money without having a bank account.

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Facebook founder Mark Zuckerberg last month met with Bank of England Governor Mark Carney to discuss this plan.

Zuckerberg also discussed the proposal “Libra Project” with US Treasury officials and is in talks with several money transfer firms including Western Union to develop in a simple, less costly way for people who want to transfer money.

A report last year said that Facebook is developing a cryptocurrency that would allow WhatsApp users to transfer money.

To make the value of stable cryptocurrency, Facebook plans to link its value to some of the world’s strongest currencies, including the US dollar, the euro and the Japanese yen.

A Facebook movement in financial services has long been expected, especially after employing PayPal president David Marcus. The latter is also a board member of Coinbase, running Facebook’s initiative in the blockchain.

At the beginning of the month, the US Senate sent an open letter to Zuckerberg to ask about how the cryptocurrency will work and how consumers will be protected.

In February, JPMorgan became the first US bank to create its own JPM Coin counterpart as a way to ease payments and transfers.

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Facebook promises that it will “change”

These changes are a direct response to multiple criticisms of how Facebook protects user data.

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And exactly, according to Zuckerberg, the privacy issue will be in the foreground with these changes.

In a speech to developers, Zuckerberg described the company’s new focus on privacy as “a major change” in how it works.

Some of the changes include: Messages in Messenger will be encrypted by default, meaning that Facebook will not see the content of the messaging and the platform will be fully integrated with Whatsapp.

The Facebook app is being redesigned to make centralized community groups. Zuckerberg has previously said he believes people in the future will want to speak privately in small groups and communities.

Then, Instagram posts will not have to start with a photo or video, it will be possible to share content using only text or drawings, thanks to a new “created” camera mode.

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After Instagram, Facebook and Messenger are also being removed from Windows 10

After Instagram, Facebook and Messenger are also being removed from Windows 10

A few days ago, users began to notice a message in the Instagram application for Windows Mobile 10, announcing that the app will be removed on April 30th.

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While it was not a surprise, the news was still a blow to those who were still on the platform in Microsoft quenching, and it seems as if things are worse than originally thought.

According to Engadget, Microsoft spokesman confirmed that Facebook’s family of applications, including the main application, Messenger, and of course Instagram, are being suspended on April 30.

There is no mention of the same thing with WhatsApp, which is also owned by Facebook, so these users may still have more time to move.

The news is no more astonishing than it was for Instagram alone, but it means that the most popular apps on Windows phones are being removed.

Those looking to use Facebook on Windows now will have to use the mobile web site.

There is almost no reason to keep Windows phones at this point and Microsoft has made steps to bring their services and products to other platforms.

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Facebook with a new function to support the causes

Facebook with a new function to support the causes

Through this function, Facebook users will be able to create a petition, label relevant organizations and institutions, and seek support from their friends for the cause.

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Supporters of these petitions can discuss each other and create donation activities and campaigns,Telegraph reports.

The largest social network has long been the organizational power of activities. In recent years, it has integrated many functions that serve the causes and engagement in them.

To avoid misuse of petitions, Facebook has warned it will utilize a combination of user reporting, algorithms, and self-supervision.

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Facebook now enables sharing of events in Stories

Facebook now enables sharing of events in Stories

However, Instagram stories still attract the largest amount of users in all of their products. In an effort to improve Facebook usage figures, the social network is now allowing users to share events on Facebook Stories.

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Although countless reports have shown that Facebook is losing its new demography due to Instagram, social networking is still the favorite place for those seeking to host events on the Internet.

The existing social chart that users have on Facebook plays a major role in this.The company has announced today that it will begin testing a way for users to “share events that interest you” using the Stories feature. This test will take place in the United States, Brazil and Mexico. IOS and Android phone users will have access to this functionality.

Event Stories will have clickable stickers that can be used to give important details. Friends will be able to tell if they are “going” or “interested” in events from the story itself.

It’s a good place to put the details of the event, but if your Facebook friends are really interested in your stories on the social network, that’s another matter altogether.

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neOadviser – TECH

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