Erin Egan, Vice President of U.S. Public Policy and Chief Privacy Officer at Facebook, discusses ways users can protect their data on the social network.
We press Egan on whether Facebook urging users to "take control of the ads you see" stems from Russian ads featured on the platform during the 2016 election. Egan notes that Facebook wants people to be in control of their experience and for them to enjoy spending time on the platform. She tells us she has conversations with her kids about doing regular privacy check-ups and urges other parents to do the same.
U.S. regulators say Facebook misled parents and failed to protect the privacy of children using its Messenger Kids app, including misrepresenting the access it provided to app developers to private user data.
Tom McNeela, chief RIA solutions officer with RetireOne, joined Cheddar News to explain how people can use their life insurance policies for an emergency loan. "There's a lot of advantages and opportunities with permanent life insurance policy," he said, "if you have one, and there's cash value in there, you can take a loan out, and most of the time, it's a better rate than what you can get at your bank."
Cheddar News checks in on The Day Ahead as more earnings are on tap from companies Thursday including Apple, Lyft, Kellogg and Expedia while Vice President is expected to meet with some top tech CEOs to discuss the rapid development of artificial intelligence.
Meta is warning that cybercriminals are tricking people into downloading programs that can steal valuable information on fake ChatGPT offers. Cheddar News explains how Meta has observed hundreds of malicious links on its platform.
The 11,500 members of the Writers Guild of America went on strike this week after negotiations with Hollywood studios that began in March failed to result in an agreement.
