Libra, Fb’s world virtual forex plan, is fuzzy on privateness, watchdogs warn

Privateness commissioners from the Americas, Europe, Africa and Australasia have put their names to a joint observation elevating considerations a few loss of readability from Fb over how knowledge coverage safeguards will likely be baked into its deliberate cryptocurrency challenge, Libra. Fb formally unveiled its…
Privacy commissioners from the Americas, Europe, Africa and Australasia have put their names to a joint statement raising concerns about a lack of clarity from Facebook over how data protection safeguards will be baked into its planned cryptocurrency project, Libra. Facebook officially unveiled its…

Original article
Original article
Author: Natasha Lomas

TechCrunch is a leading technology media property, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

Natasha Lomas has recently written 10 articles on similar topics including :
  1. "Yet more trouble brewing for Facebook: Australias Competition and Consumer Commission (ACCC) is suing the tech giant over its use, in 2016 and 2017, of the Onavo VPN app to spy on users for commercial purposes". (December 16, 2020)
  2. "Some more internal emails Facebook really doesnt want you to see: Turns out in 2017 COO Sheryl Sandberg had already known for years there were problems with a free ad planning tool the company offers to marketeers to display estimates of how many people campaigns running on its platform may ". (February 18, 2021)
  3. "Mozilla has further beefed up anti-tracking measures in its Firefox browser". (February 24, 2021)
  4. "A German court thats considering Facebooks appeal against a pioneering pro-privacy order by the countrys competition authority to stop combining user data without consent has said it will refer questions to Europes top court". (March 24, 2021)
  5. "A week after Facebook grabbed eyeballs globally by blocking news publishers and turning off news-sharing on its platform in Australia, the countrys parliament has approved legislation that makes it mandatory for platform giants like Facebook and Google to negotiate to remunerate local news p". (February 25, 2021)
  6. "As TC readers know, the tricky trade-off of the modern web is privacy for convenience. Online tracking is how this great intimacy robbery is pulled off". (December 8, 2020)
  7. "The FTC has reached a settlement with Flo, a period and fertility tracking app with 100 million+ users, over allegations it shared users health data with third-party app analytics and marketing services like Facebook despite promising to keep users sensitive health data private". (January 13, 2021)
  8. "Confusion over an update to Facebook-owned chat platform WhatsApps terms and conditions has triggered an intervention by Italys data protection agency". (January 14, 2021)
  9. "Reset yer counters: Facebook has had to fess up to yet another major ad reporting fail. This one looks like it could be costly for the tech giant to put right not least because its another dent in its reputation for self reporting". (November 26, 2020)
  10. "The European Commission must block the Google -Fitbit merger as a matter of democratic imperative, prominent academic and author Shoshana Zuboff has warned". (December 11, 2020)
Posted on  , , , , ,