The indictment of 13 Russians for interfering with the Presidential election has intensified the pressure put on Facebook, which uncovered about three-thousand Russian-linked ads on its platforms before and after November 2016. Cheddar Senior Reporter, Alex Heath, breaks down the the latest developments.
Facebook's Vice President for ads, Rob Goldman, tweeted about Russia's disinformation effort. President Trump then cited him. Facebook did not intend for Goldman’s tweets to be quoted by Trump. They thought the tweets would only be seen by a contextually-aware audience of techies and media types who follow Goldman.
Heath believes that the tweeting from Goldman and other execs is part of a carefully orchestrated PR campaign by Facebook to make itself appear more transparent and relate-able through engaged spokespeople on Twitter.
Homepolish is like Tinder for interior design, where clients are matched up with designers based on not just aesthetics but also "personality, working style," says the founder and CEO Noa Santos.
Divya Narendra, who founded HarvardConnection with the Winklevoss twins and later sued Facebook CEO Mark Zuckerberg for stealing the idea, tells Cheddar the market's reaction to the Cambridge Analytica scandal was an "overreaction."
Many worry that fallout from the Cambridge Analytica scandal could weigh down Facebook's growth in the next few quarters, but "fatigue with the platform" may be the bigger drag, says Scott Devitt, an analyst at Stifel.
Since Russia banned the encrypted messaging service last week, Google and Amazon have also been dragged into the fight. This comes at a time when Telegram is considering an ICO and has already raised a total of $1.7 billion, making it the biggest potential coin offering in history.
Rather than having users manually enter every single transaction, Cointracker automatically tracks activity across 14 different exchanges. "It's totally independent from what other companies have done," says the co-founder Chandan Lodha.
The social media giant reported better-than-expected earnings, despite questions about its privacy and data security. [But the real impact of the Cambridge Analytica scandal will only be reflected in the next quarter, says Damon Beres, Executive Editor at Mashable.](https://mashable.com/2018/04/25/facebook-q1-2018-earnings/)
The Netherlands is the best place to test new innovations in the autonomous vehicles space, according to a recent report from KPMG. That's thanks to great infrastructure and political support, says Florien van der Windt, Project Manager of Connected and Automated Driving at the Dutch Ministry of Infrastructure and the Environment.
The second generation of Snap's smart glasses are available for sale in the U.S. starting today. Prices start at $150 and come in a variety of colors. Cheddar Senior Reporter Alex Heath broke news of the launch back in March.
The company, which manages and routes 10 percent of all internet traffic, says its new product 1.1.1.1 will keep consumers' data away from network providers.
The social media network saw growth in ad revenue and daily active users and indicated that, despite the Cambridge Analytica scandal, its outlook appeared bright. “The numbers are great, and I think that Facebook is going to move higher from here,” says Andrew Keene, Chief Executive of AlphaShark.com.
