U.S. GDP grows 2.9 percent in fourth quarter revision
The Commerce Department reports a 2.9 percent annualized gain for Q4, up from 2.5 percent, marking the strongest nine months of growth in twelve years. Consumers, inventories, business spending and state local government outlays boosted the expansion ahead of 2019.
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Donald Trump
Adobe’s cross device data initiative targets personalized ads
Adobe announces a cross device data sharing initiative with 60 companies including Subway Sprint NFL Allstate Lenovo Intel Barnes & Noble Subaru and the Food Network to tailor ads by linking sign in data across PCs laptops phones and tablets. The plan aims to improve relevance while offering opt outs and privacy safeguards amid Facebook Cambridge Analytica concerns.
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Facebook Faces New Lawsuits Over Android Messenger Data
Three users sue Facebook in San Francisco federal court alleging Messenger and Messenger Lite for Android collected phone call and text message metadata without consent and monetized it for ads. They seek class action status citing intrusion and privacy rights including California constitution guarantees.
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Messenger
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San Francisco
Ars Technica
Twitter
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McKay
Cambridge Analytica
Facebook updates privacy tools amid scrutiny and regulation
Facebook unveils a revamp of its privacy controls to help 2.2 billion users navigate settings and access data download options. The move comes after Cambridge Analytica data revelations and ongoing concerns about Android data collection, with an FTC probe already underway.
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