Apple Boots Facebook Privacy App for Violating Privacy
*By Carlo Versano*
Apple instructed Facebook to remove an app that lets users redirect their mobile data through a VPN managed by Facebook servers, saying the software violated new rules Apple put in place to limit the data developers can collect.
The iPhone maker's demand to remove Onavo Protect ー which is ostensibly designed to protect user privacy ー for being too broad in how it tracks those users is a blow to Facebook as the social media giant grapples with new controversies related to its ad model, privacy, and the distortion of the platform by bad actors. The story was first reported late Wednesday by the [Wall Street Journal](https://www.wsj.com/articles/facebook-to-remove-data-security-app-from-apple-store-1534975340).
Apple said in a statement that it "made it explicitly clear that apps should not collect information about which other apps are installed on a user’s device for the purposes of analytics or advertising/marketing and must make it clear what user data will be collected and how it will be used.”
Facebook told the Journal, “We’ve always been clear when people download Onavo about the information that is collected and how it is use."
The company also removed another app, mostly out of use since 2012, that it said may have mishandled the personal data of about 4 million users. The "myPersonality" app is the second casualty of Facebook's app auditing process, which it instituted amid the fallout from Cambridge Analytica.
Meanwhile, Facebook's partnership lead Dan Rose, one of the company's first executives, [announced](https://www.facebook.com/drose/posts/10105190309509931) Wednesday that he is leaving the company. His departure comes after communications chief Elliot Schrage [vacated his post](https://variety.com/2018/digital/news/facebook-elliot-schrage-departure-1202846683/) in July after the Cambridge Analytica scandal, and chief security officer Alex Stamos [stepped down](https://www.businessinsider.com/alex-stamos-is-leaving-facebook-2018-3) at the start of this month.
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A year after the r/WallStreetBets community on Reddit drove GameStop and other meme stocks to unprecedented heights, the subreddit seems to be losing its luster among retail investors. Caitlin McCabe, markets and retail trading reporter from The Wall Street Journal, joined Cheddar to talk about the waning popularity of the group “Users are going on to find the next GameStop, and instead, they're seeing many of the new users who have joined the subreddit still talking about GameStop and AMC," McCabe noted. "And, they've become frustrated as they're ready to move on from those original meme stocks."
Tech titan Microsoft reported its second fiscal quarter of 2022 earnings on Tuesday, its first earnings report since announcing its plans to acquire gaming company Activision Blizzard in a multibillion dollar deal. Steve Larsen, co-founder of PlannerDAO, explains the role that cloud services played for Microsoft in the quarter and what the future may hold for Microsoft in the midst of the new acquisition.
Microsoft is expected to report financial results for its second fiscal quarter of 2022. It comes after the company beat on its top and bottom line in its previous four quarters. John Freeman of CFRA Research explains what investors will be keeping an eye out for as Microsoft continues to expand its domain.
High-speed connectivity solutions provider Credo went public on the Nasdaq on Thursday, raising $200 million in its IPO. CEO Bill Brennan, joined Cheddar to discuss its entry into the capital markets and the next chapter for the company. "We're going to be focused on what we have been focused on, which is really creating, creating innovative connectivity solutions that really pushed the edge on efficient power as well as very effective cost," he said.
BD Veritor is a variation of the at-home COVID test that uses a smartphone to interpret the results. The test is taken via a nose swab test strip that is then scanned by your phone’s camera with the result clearly displayed as positive or negative. James Walker, vice president of integrated diagnostics USA for BD, joined Cheddar to discuss how the test hopefully takes the "guesswork out of testing." Walker also went into what BD is doing to deal with the surging demand for at-home tests amid the omicron spread. "While we don't disclose how much we produce, we have capacity to manufacture up to 12 million rapid antigen tests per month and are delivering on our commitments to distributors and retailers," he said.
