The Daily Populous

Saturday July 13rd, 2019 day edition

image for Facebook to be slapped with $5 billion fine for privacy lapses, say reports

The Federal Trade Commission approved an approximately $5 billion settlement with Facebook over the company's 2018 Cambridge Analytica scandal, a person familiar with the matter told The Wall Street Journal.

Several other news outlets separately reported the approval.

The fine represents the largest ever imposed by the FTC against a tech company.

Previously, the agency's largest fine against a tech company came in 2012 when Google agreed to pay a $22.5 million penalty due to its privacy practices.

The settlement drew criticism from a number of senators and Congress members, including Democratic Sen. Mark Warner.

"Given Facebook's repeated privacy violations, it is clear that fundamental structural reforms are required," Warner said in a statement on Friday.

"With the FTC either unable or unwilling to put in place reasonable guardrails to ensure that user privacy and data are protected, it's time for Congress to act. »

House Passes $733 Billion Defense Bill Checking Trump’s War Powers

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Mr. Trump vetoed legislation in April that invoked the War Powers Act to cut off American military support to the campaign.

Another amendment, also passed Thursday, would prevent the Trump administration from using emergency authority to transfer munitions to the kingdom.

But the main objection of Republicans to the defense bill was that it does not allocate enough money to the Defense Department. »

Facebook will reportedly be fined a record $5 billion over privacy mishaps

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The FTC started investigating Facebook last year after revelations surfaced that Cambridge Analytica, a UK political consultancy, accessed data from up to 87 million Facebook users without their permission.

The agency is looking into whether Facebook violated a legal agreement it had with the US government to keep its users' data private.

Robert Weissman, the president of consumer rights advocacy group Public Citizen, said the reported settlement would let Facebook off the hook too easily. »

Neuralink: Elon Musk’s Elusive Brain-Computer Firm Just Made a Big Reveal

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The firm, which aims to develop “ultra high bandwidth brain-machine interfaces to connect humans and computers,” announced Thursday plans to host an event in San Francisco on the evening of July 16.

Perhaps most interesting of all, the company is giving members of the public the chance to attend the limited-space event.

Neuralink also reassures people that those who are unsuccessful can still watch the event through an online livestream. »

Environmentalists have removed nearly 40 tonnes of trash from the Pacific

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The sailing cargo ship Kwai docked in Honolulu last month after a 25-day voyage with 40 tonnes of fishing nets and consumer plastics aboard, gathered from what has become known as the Great Pacific Garbage Patch.

The circulating ocean current known as the North Pacific Gyre is believed to contain 1.8 trillion plastic items weighing over 80,000 tonnes.

Covering an expanse of ocean three-times the size of France, the Great Pacific Garbage Patch lies between Hawaii and California. »