The Daily Populous

Tuesday March 27th, 2018 morning edition

image for Facebook has lost $70 billion in 10 days — and now advertisers are pulling out

Facebook shares fell as much as 6.5 per cent, briefly dipping below US$150 for the first time since July 2017, before recovering the day’s losses to close up 0.4 per cent at US$160.06.

The shares are still down 13 per cent since March 16, when Facebook first acknowledged that user data had been improperly channeled to Cambridge Analytica.

The company has lost more than $70 billion in market value since then.

At the day’s session low the company had lost US$100 billion in market value since March 17, when newspapers first reported that Facebook member data was improperly used by consultants Cambridge Analytica to target U.S. and British voters in close-run elections.

Here’s what the chart looks like since March 19th.

Opinion polls published on Sunday in the United States, Canada and Germany cast doubt over the trust people have in Facebook as the firm ran advertisements in British and U.S. newspapers apologizing to users.

Nearly three-quarters of Canadian Facebook users say they will make at least some change to how they use the social media platform in the wake of a data mining scandal. »

The University of Hawaii is on its way to being entirely solar powered

Authored by digitaltrends.com
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If you needed another reason to spend your four college years in paradise (and by that, we mean Hawaii), the state’s university may have just given you one.

The University of Hawaii (UH) has announced that its Maui College campus is slated to become one of the first in the United States to derive 100 percent of its energy from on-site solar photovoltaic systems (PV) coupled with battery storage.

After all, back in 2015, Hawaii became the first state in the U.S. to commit to achieving 100 percent renewable energy by 2045. »

Facebook Logs Text, Call Histories for Some Android Users

Authored by wsj.com

Facebook Inc. said it logs the phone call and messaging histories of some Android smartphone users who installed its messaging app or a lighter version of its main Facebook app.

The statement followed users’ reports on Twitter in the past week that they had examined their Facebook data and saw the company logging the information.

But with 2 billion Facebook users world-wide, “Log in with Facebook” is a quick and popular option. »