Facebook is being fined $5 billion for privacy violations, and Wall Street thinks that’s great news

Facebook is being fined $5 billion for privacy violations, and Wall Street thinks that’s great news

Because a $5 billion fine won’t change Facebook’s business. At all. The US government will levy a staggering $5 billion fine against Facebook for violating its users’ privacy, stemming from the Cambridge Analytica scandal. Facebook investors are celebrating. Wall Street pushed the value of Facebook shares up slightly, to nearly $205, after the news of the upcoming Federal Trade Commission penalty surfaced this afternoon, via the Wall Street Journal. Another way of putting it: Facebook…

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If you bought influencer bathwater, could you test it for DNA?

If you bought influencer bathwater, could you test it for DNA?

A Reddit post made a major splash on the internet this week when it claimed that the infamous, $30 “GamerGirl bathwater” being sold by social media star Belle Delphine contained no human DNA — and therefore might not be her bathwater at all. This was promptly challenged by other Reddit users and debunked: the shipments of said bathwater hadn’t even been sent out yet. As the news of the non-scandal broke around The Verge offices,…

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Pottery Barn is releasing a Friends collection for the show’s 25th anniversary

Pottery Barn is releasing a Friends collection for the show’s 25th anniversary

It raises some new (and old) questions about what “product placement” actually means. Back in 2000, Friends made Pottery Barn’s apothecary table — a dark wood storage bench with a bunch of brass-knobbed drawers — famous when it cast it as the centerpiece of the aptly named episode “The One With the Apothecary Table.” This month, Pottery Barn will rerelease the piece in collaboration with Warner Bros. to commemorate the 25th anniversary of the sitcom’s…

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Debues-Stafford sets Canadian record while running the Brave Like Gabe Mile

Debues-Stafford sets Canadian record while running the Brave Like Gabe Mile

Running in honour of the late American runner Gabriele Grunewald, Canadian Gabriela Debues-Stafford set a national record in the 1-mile at Friday’s Diamond League event in Monaco. The Brave Like Gabe Mile didn’t disappoint. Sifan Hassan of the Netherlands set a world record with a time of 4 minutes, 12.33 seconds and Debues-Stafford set the Canadian record finishing third with a time of 4:17.87.

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Apple restores banned parental control app OurPact to the App Store

Apple restores banned parental control app OurPact to the App Store

Apple has reversed course on its ban of parental control app OurPact, allowing the ousted software to return to the App Store in its original form and without any limitations or restrictions. The move marks an end to a months-long dispute between Apple and a variety of parental control companies affected by Apple’s restrictions. The fact that Apple removed or prevented updates to many of these apps (including OurPact) raised eyebrows because it allegedly stemmed…

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Facebook reportedly reaches $5 billion settlement with the Federal Trade Commission

Facebook reportedly reaches $5 billion settlement with the Federal Trade Commission

Facebook has reportedly reached a settlement with the Federal Trade Commission over repeated privacy violations, The Wall Street Journal reports. According to the Journal, the FTC voted this week to approve a $5 billion settlement, which has now moved to the Justice Department’s civil division for review. It is unclear how long the review will take. A Facebook spokesman declined to comment or confirm the report. The Journal reported that the FTC voted along party…

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TikTok, explained

TikTok, explained

It’s part of the world’s most valuable startup, but you probably only know about the memes. “Hey girl, you like me a little bit?” “Oh, you’re with her now?” “Why do good girls like bad guys?” These are questions young people have asked each other since the dawn of time, but on TikTok, they’ve turned into massively widespread memes set to music, reaching millions in every corner of the globe. TikTok is one of the…

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