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☆ Meta considered paying users for data, lawsuit reveals. An economist said users should each get $5 a month for it.
▼ + stars: | 2024-04-09 | by ( Kali Hays | ) www.businessinsider.com time to read: +4 min

AdvertisementMeta took issue with several parts of Economides' testimony, which remains under seal and had many specific references redacted from Meta's filing. In his testimony, Economides valued individual Facebook user data at least $5 a month per user, according to Meta's summation of it. In the present day, that would mean Meta paying out tens of billions each month for user data, as Zuckerberg said in fourth-quarter earnings that over 3.1 billion people use at least one Meta app each day. Meta disagreed and told the court that Economides' testimony was effectively "junk science" with "no real-world support" and should be thrown out. "No firm like Meta, in any market, has paid all its users as a competitive response—ever," lawyers for Meta wrote.

Persons: Meta, Mark Zuckerberg, Javier Olivan, Guy Rosen, Nicholas Economides, Economides, Zuckerberg, Kali Hays Organizations: Service, Facebook, Meta, Business, New York University, Google Locations: khays@businessinsider.com

☆ Meta tried to 'build a clone of Snapchat' using data from Onavo, unsealed court documents show
▼ + stars: | 2024-04-02 | by ( Kali Hays | ) www.businessinsider.com time to read: +6 min

An analytics app Meta acquired a decade ago turned into a major source of inspiration for product and business decisions, including its work to "clone" Snapchat. Rosen is Meta's chief information security officer, while Tiger was vice president of engineering until he left Meta in 2022. For several years, Onavo was key to how Meta decided to acquire, launch, and change its products, according to over a dozen court documents unsealed last week in an ongoing lawsuit. After the acquisition, Facebook found through Onavo's data on messaging apps that Snapchat was a top five mobile app and WhatsApp had begun to outpace Facebook Messenger. The company was hailed for its tech that compressed data on mobile phones, allowing apps to run in the background without eating up user data.

Persons: Guy Rosen, Roi Tiger, Rosen, Tiger, Onavo, Meta, Mark Zuckerberg, Sheryl Sandberg, Mike Schroepfer, Chris Cox, Javier Olivan, Sandberg, Olivan, Cox, Facebook's, Colin Stretch, WhatsApp, Zuckerberg, Instagram, Snapchat, Stretch, Kali Hays Organizations: Meta, Facebook, Business, Onavo, YouTube, Olivan, TechCrunch Locations: Onavo, Davos, khays@insider.com

☆ Mark Zuckerberg told Facebook execs to 'figure out' how to track encrypted usage on rival apps like Snap and YouTube, unsealed documents show
▼ + stars: | 2024-03-26 | by ( Kali Hays | Jack Newsham | ) www.businessinsider.com time to read: +5 min

Newly unsealed emails reveal that when Meta was still called Facebook, CEO Mark Zuckerberg ordered his executives to find a way to learn how people were using competing apps like Snapchat, even if the information was encrypted. Advertisement"Given how quickly they're growing, it seems important to figure out a new way to get reliable analytics about them," Zuckerberg wrote of Snapchat in the email. The app "doesn't (can't) decrypt data," a Facebook employee noted in an email to Zuckerberg included in a court document. While the existence of Onavo's work to track rival app usage has been reported, details of Meta's actions, the executives involved, and the surrounding communications were unreported. AdvertisementAdvertisers suing Meta said the company failed for years to disclose its use of Onavo technology to intercept rivals' analytics traffic.

Persons: Meta, Mark Zuckerberg, Zuckerberg, Javier Olivan, Snapchat, Olivan, Guy Rosen, Rosen, —, Mike Schroepfer, Kali Hays Organizations: Service, Facebook, Business, Meta, Wall Street, YouTube, SSL, TechCrunch Locations: California, Onavo, khays@insider.com

☆ Meta says ChatGPT-related malware is on the rise
▼ + stars: | 2023-05-03 | by ( Katie Paul | ) www.reuters.com time to read: +1 min

May 3 (Reuters) - Facebook owner Meta (META.O) said on Wednesday it had uncovered malware purveyors leveraging public interest in ChatGPT to lure users into downloading malicious apps and browser extensions, likening the phenomenon to cryptocurrency scams. Since March, the social media giant has found around 10 malware families and more than 1,000 malicious links that were promoted as tools featuring the popular artificial intelligence-powered chatbot, it said in a report. In some cases, the malware delivered working ChatGPT functionality alongside abusive files, the company said. Speaking at a press briefing on the report, Meta Chief Information Security Officer Guy Rosen said that for bad actors, "ChatGPT is the new crypto." Rosen and other Meta executives said the company was preparing its defenses for a variety of potential abuses linked to generative AI technologies like ChatGPT, which can quickly create human-like writing, music and art.

New York CNN —Hackers have seized on worldwide interest in the artificial intelligence-powered tool ChatGPT in an effort to break into people’s devices, Facebook owner Meta revealed in a security report Wednesday, equating the phenomenon to the surge in cryptocurrency scams. Meta’s security team said it found hackers software that claimed to offer ChatGPT-based tools via browser extensions and online app stores that contained malware designed to give hackers access to people’s devices, Meta said. “From a bad actor’s perspective, ChatGPT is the new crypto,” Guy Rosen, Meta’s chief information security officer, told reporters, meaning scammers have quickly moved to exploit interest in the technology. Some of the tools include working ChatGPT features but also contain malicious code to infect users’ devices. “With an ultimate goal to trick people into clicking on malicious links or downloading malicious software, the latest wave of malware campaigns have taken notice of generative AI tools becoming popular.”

☆ Facebook said an Indian publication, The Wire, used faked documents in an investigation. Now the publication is taking the stories down. Here's a timeline of the escalating conflict.
▼ + stars: | 2022-10-18 | by ( Kali Hays | ) www.businessinsider.com time to read: +16 min

Facebook claims a series of reports by an Indian news site, The Wire, were based on faked documents. On Tuesday, an expert The Wire used in a story denied publicly that he commented in any way to the publication. Stone responded on Twitter saying, "as it's been clear from the outset @thewire_in's stories are based on fabrications." Varadarajan wrote on Twitter that the email account The Wire uses, a protonmail.com address, had been "hacked via the hacking of a MacBook." Kumar of The Wire deactivated his Twitter account.

☆ Meta calls out India's The Wire, says it published stories based on fabricated documents
▼ + stars: | 2022-10-11 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

Meta has publicly made the very serious charge that The Wire irresponsibly published two widely circulated articles based on fabricated documents, and The Wire has responded by digging its heels entirely into the sand. The dispute began on Monday when The Wire published what appeared to be an explosive story: that a top official in India’s ruling party effectively had the ability to unilaterally scrub posts from Instagram. Later that day, however, Meta spokesperson Andy Stone poured cold water on it. The outlet said that it had obtained an email where Stone appeared to privately acknowledge the documents were authentic. Others piled on by pointing out red flags with the supposed Stone email.

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