Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Archive for March 19th, 2018

Facebook Data

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Facebook shares fell more than 4% in premarket trading today after media reports that a political consultancy that worked on President Trump’s campaign was able to obtain inappropriate access to data on 50 million Facebook users.

According to Reuters, the move knocked $23.8 billion dollars off the social network’s market value of $538 billion as of Friday’s close.

The report also quoted one Wall Street analyst saying that the reports raised “systemic problems” with Facebook’s business model and a number said it could spur far deeper regulatory scrutiny of the platform.

This all comes after news announce Friday that Facebook suspended the account of Cambridge Analytica, the political data company backed by the billionaire Robert Mercer that consulted on both the Brexit and Trump campaigns.

Over the weekend, both The Guardian and The New York Times penned major reports in which the whistleblower Christopher Wylie alleged that Cambridge Analytica had used data that an academic had allegedly improperly exfiltrated from Facebook.

Written by turbotodd

March 19, 2018 at 9:58 am

Latest Austin Bomb Involved a Trip Wire

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So another bomb went off here in Austin last night.

This one was in the southwest side of Austin, probably about 4 miles due southwest of where I live just south of downtown.

Austin Police Chief Brian Manley said this morning that Sunday night’s bomb, which injured two men in their twenties, was triggered by a trip wire and thus "showing a different level of skill above what we were already concerned that this suspect or suspects may possess."

Investigators indicated the device was made to blend in with the surroundings.

They are still investigating whether the blast was a copy cat of the March 2 and March 12 bombings, or the same person. They will not be able to make that determination until they can more closely reveal the kind of shrapnel that was used in the explosive device, although initial reports last night suggested there were nails used in this latest bomb.

In this latest case, the two victims were Anglo males, according to Chief Manley, which, were the bomb made by the same perpetrator, could start to throw into question that these incidents are hate crimes.

If it is the same perp for this latest bomb, they’ve clearly upped the ante with the trip wire.

Now, don’t pick up strange packages whose provenance you don’t know off your front porch, AND watch out for trip wires.

Written by turbotodd

March 19, 2018 at 9:25 am

Posted in 2018, austin, terrorism

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