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Facebook Sued by Investors Over Voter-Profile Harvesting

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31–40 of 172 posts

Re: Facebook Sued by Investors Over Voter-Profile Harvesting

#32
post #20

I find it remarkable that when Obama did something similar in 2012, it was hailed as a major strength of his campaign and nobody had any problems with FB.

I wonder... were one to check every story about this posted to HN, what percentage would contain a comment claiming that Obama did the same or worse?

But he did though...and there was no scandal then. Why now?

Re: Facebook Sued by Investors Over Voter-Profile Harvesting

#34
post #20

I find it remarkable that when Obama did something similar in 2012, it was hailed as a major strength of his campaign and nobody had any problems with FB.

I wonder... were one to check every story about this posted to HN, what percentage would contain a comment claiming that Obama did the same or worse?

Judging from Twitter the odds are 100%.

Re: Facebook Sued by Investors Over Voter-Profile Harvesting

#35
post #31

I'll truly never understand the people who defend Facebook to the death on here.

I've already ran across at least one user who was obviously astroturfing trying to play down FB's involvement in this crap, it's actually kind of horrifying to see on here.

Re: Facebook Sued by Investors Over Voter-Profile Harvesting

#36

"...defendants made false or misleading statements and failed to disclose that Facebook violated its own data privacy policies by allowing third parties access to personal data of millions of Facebook users without their consent..." The "without their consent" part is BS, as is this lawsuit. When you use Facebook platform apps, you have to consent to the disclosure of your information to the developer, and have to ag…

Correct me where I'm wrong but did it not used to be the case that facebook apps could access almost as much info about your friends as they could about you?

So where is the consent? Fred gives consent to run a personality quiz and its associated data gathering - Fred's 180 friends didn't.

Re: Facebook Sued by Investors Over Voter-Profile Harvesting

#37
post #30

Earlier quoted context omitted.

Should investors be able to sue a company anytime its stock goes down?

Facebook is a public company. They have strict rules related to informing stock owners and insider trading. Investors should be able to win a lawsuit if they can prove that company did not immediately disclsee important information, falsified information or that some owners were privy to insider information when they traded (Zuk sold his shares in suspicious time).

> (Zuk sold his shares in suspicious time).

It's more interesting than that:

> Zuckerberg has sold more Facebook stock in the last 3 months than any insider at any other company

Given that there were indications that he knew well before today, there may be a case.

https://www.cnbc.com/2018/03/20/zuckerbergs-facebook-stock-s...

Re: Facebook Sued by Investors Over Voter-Profile Harvesting

#38
post #20

I find it remarkable that when Obama did something similar in 2012, it was hailed as a major strength of his campaign and nobody had any problems with FB.

I wonder... were one to check every story about this posted to HN, what percentage would contain a comment claiming that Obama did the same or worse?

Trolls are everywhere, nowadays. Time for identity to reign for a while.

Re: Facebook Sued by Investors Over Voter-Profile Harvesting

#39

I find it remarkable that when Obama did something similar in 2012, it was hailed as a major strength of his campaign and nobody had any problems with FB.

If you're talking about how much data siphoned through Facebook and how much help they got from Facebook. Yes I agree pretty much the same thing (although I guess CA hid it somehow(?) and Facebook just refused to block them even after discovering it)

The differences I see between CA and the Obama's own campaign.

CA was accused of, "Setting up proxy organisations to feed untraceable messages onto social media"

There's also the issue of whether they went around campaign finance laws.

"So, campaigns are normally subject to limits about how much money they can raise. Whereas outside groups can raise an unlimited amount. So the campaign will use their finite resources for things like persuasion and mobilisation and then they leave the ‘air war’ they call it, like the negative attack ads to other affiliated groups"

https://www.channel4.com/news/exposed-undercover-secrets-of-...

Re: Facebook Sued by Investors Over Voter-Profile Harvesting

#40

"...defendants made false or misleading statements and failed to disclose that Facebook violated its own data privacy policies by allowing third parties access to personal data of millions of Facebook users without their consent..." The "without their consent" part is BS, as is this lawsuit. When you use Facebook platform apps, you have to consent to the disclosure of your information to the developer, and have to ag…

Correct me where I'm wrong but did it not used to be the case that facebook apps could access almost as much info about your friends as they could about you? So where is the consent? Fred gives consent to run a personality quiz and its associated data gathering - Fred's 180 friends didn't.

That consent is contained in the TOS that you and all of your friends agreed to when you signed up for Facebook. Further, the access to friend data has always been more limited than you imply here, and more recently, it’s become so limited that using apps for data collection about friends is almost a pointless endeavor.
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