The Facebook Files: HUD Investigation Into Facebook Data Practices Appears to Continue

The Department of Housing and Urban Development’s investigation into data usage at Facebook related to housing and financial services advertising appears to continue, despite signs that it had been halted earlier this year. That according to new documents released yesterday by Congress that contain written responses from the social media company on its data and privacy … Read more

Regtech firm Cappitech caps off first funding round with $4m

Automated reporting tech firm Cappitech has secured $4 million in its Series A financing round, led by 83North, with participation from Rony Grushka and Kevin Gould, co-founders of Markit. Grushka will join the Cappitech board as part of the agreement. Cappitech plans to use the funds to accelerate product development, expand regulatory reach and provide … Read more

IDG Contributor Network: Career advice for the Class of 2018: Set your organization up for growth and success

It’s been more than half a century since The Graduate rocked the box offices and famously coined career advice in one word: “plastics.” Times have certainly changed and the graduates of 2018 have a plethora of career choices to search for on their smartphones. In my business, telecom expense management (TEM), the number of career … Read more

The Facebook Files: Here’s the Financial User Data Facebook Really Is — and Is Not — Sharing

There are boundaries, with a fair amount of grey areas, around what financial data Facebook will share with its partners, presumably including Royal Bank of Canada. In a massive release of information, Congress yesterday made public around 450 pages of written responses from Facebook on its data and privacy practices. The release offers the most … Read more

Yahoo fined £250,000 for hack that impacted 515,000 UK accounts

ICO says firm ‘failed to prevent’ 2014 Russia-sponsored hack after 500m accounts compromised Yahoo has been fined £250,000 over a hack from 2014 that affected more than 515,000 UK email accounts co-branded with Sky, the Information Commissioner’s Office has announced. The personal data of 500m user accounts worldwide was compromised during a state-sponsored cyber attack … Read more