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Gaps up to 161
Sell
Gosh it’s gonna get close to $100 and soon huh
WS can pump Bitcoin to whatever price they want. They could still try to use it to lead the market higher, better watch it
There goes BTC pushing higher
Buy 150
About to fill the gap 15.15 then I don’t know
Remember when google was “dying” after that woke AI gaff lol
BTC joining the bounce watch 62,300
Apple double bottomed on the daily, META bounced off 488 suppprt, NVDA should retest resistance at middle bolli again. Up we goooooo
What kind of sorcery is this
Lol good
Get in here and BUYdenomics yaaaaaa
Bounced on bottom bolli just now. But could just ride it down every day next week still
Really excited to buy these 2% dips on bank stocks. Great opportunity here lol
9.70’s just too good not to buy today and see what happens later
Should see sub $15 this week
If BTC crashed over the weekend this would’ve went up 20% today lol
$10 is bottom unless BTC goes lower
Bought some zero day calls on open cause phuket
I just bought back into the entire position at 10.22
Loaded to the gills here $32 averaged
Facebook Is Selling Your Private Messages, Lawsuit Alleges
Mentioned: META NFLX
Meta Platforms Inc (NASDAQ:META) is under scrutiny again about its use of customers' data after recently unveiled court filings allege the company, as Facebook, entered into a data sharing agreement with Netflix Inc (NASDAQ:NFLX) that allowed the video streaming service access to users' private messages.
In a court document dated April 14, 2023, the law firm of Klein And Grabert allege that for nearly a decade, starting in 2011, Netflix and Facebook 'enjoyed a special relationship' and entered into a series of agreements to share user data.
Benzinga reached out to Meta Platforms for comment on the allegations.
Reed Hastings, who was founder and CEO of Netflix at the time, also sat on Facebook's board of directors and it was from this position that he was alleged to have leveraged his influence to enter into a series of 'Facebook Extended API' agreements.
This allowed Netflix access to Facebook's users' private message inboxes, that enabled the company tailor streaming content for its own customers.
Netflix Ad Revenues
Why would Facebook allow such unfettered access? The lawsuit claimed the driving force behind the agreement was advertising revenues.
Netflix was, apparently, spending around $40 million a year on Facebook advertising and, by 2015 had entered into an agreement allowing Netflix data to be used for 'targeting/optimization' in Facebook's ads systems.
In a document released by Facebook in December 2018, it was compelled to address the issue in response to accusations it was disclosing users' private messages.
'We worked closely with four partners to integrate messaging capabilities into their products so people could message their Facebook friends,' it said.
It continued: 'People could message their friends about what they were listening to on Spotify or watching on Netflix, share folders on Dropbox, or get receipts from money transfers through the Royal Bank of Canada app.
'Many news stories imply we were shipping over private messages to partners, which is not correct.'
The court document said lawyers subpoenaed Hastings to provide documents relating to the allegations, but he refused to produce any.
Cambridge Analytica
Facebook's other indiscretions involving its customers data have mainly been down to information leaks, but in 2018 it was disclosed that for several years, British company Cambridge Analytica had been illegally harvesting Facebook data to be disseminated and used for political campaigns.
Indeed, it later emerged that both Donald Trump and Ted Cruz had used Cambridge Analytica data for targeting potential voters.
The $5 billion imposed by the Federal Trade Commission in July 2019 was one of the largest fines ever handed down by the U.S. government.
Meta is also facing a potentially huge class action lawsuit over allegations it misrepresented the size of its audience for its Facebook and Instagram services.
Advertisers claimed that since 2014 Meta had been inflating ad reach metrics.
Now Read: Meta's Battle with FTC Thickens, Court Rejects Bid to Stop Privacy Investigation
Photo: Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Meta tried to 'build a clone of Snapchat' using data from Onavo, unsealed court documents show
https://www.businessinsider.com/meta-onavo-data-clone-snapchat-unsealed-record-show-2024-4
Bad idea. No more Temu piggy bank for $META
This pig is beyond bloated
So glad I got out at 13.10 now
Well it’s time for me to get out of here
Four Canada School Boards Seek C$4 Billion in Damages from Social-Media Platforms
OTTAWA-Four of Canada's biggest school boards have filed lawsuits against the owners of Facebook, Instagram, TikTok and Snapchat, claiming the products have rewired the way the students think and have left educators to manage the fallout.
Three Toronto-area school boards and another in Ottawa, the capital, said Thursday the lawsuits, and the damages sought, mark an effort to give educators with the financial resources required to respond "to the school-based problems social media giants have caused."
Collectively, the school boards are seeking damages from Meta Platforms, ByteDance and Snap of over 4 billion Canadian dollars, or the equivalent of $2.95 billion. Statements of claim were filed in the province of Ontario's Superior Court of Justice.
"These damages include, but are not limited to, a significant diversion and drain on the ... resources and personnel that is caused by the conduct of the defendants," said a statement of claim filed by the Toronto Catholic District School Board. The social-media companies "knew, or ought to have known, that their conduct is having a serious impact on schools and would cause widespread disruption to the education system."
Representatives from the social-media companies did not immediately respond Thursday seeking comment on the lawsuits.
In the U.S., about 200 school districts, from Pennsylvania to California, have joined litigation against social media companies. The U.S. lawsuits contend teachers and administrators waste valuable time responding to cyberbullying and other disciplinary problems, adding new training and school policies around social-media use, and counseling youths whose addiction to online apps is leading to anxiety, depression or suicidal thoughts.
Write to Paul Vieira at paul.vieira@wsj.com
(END) Dow Jones Newswires
March 28, 2024 08:50 ET (12:50 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Good luck now BTC looks toppy
Another bottoming attempt?
What a joke
Meta caught red-handed again! This time for spying on Snapchat users
https://www.digit.in/news/general/meta-caught-red-handed-again-this-time-for-spying-on-snapchat-users.html
Just bought some UVIX calls for today and next week. I got a feeling some of these will pay out
Got out with MAGA gains
I love this ride!
Bought a little more today
Looks like the market is letting it slide even tho they didn’t address how many customers lost service or how they are preventing this in the future. Wow
They also lost 911 lines, wonder what are the penalties for that?