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Go to Blogger edit html and find these sentences.Now replace these sentences with your own descriptions.This theme is Bloggerized by Lasantha Bandara - Premiumbloggertemplates.com.
Go to Blogger edit html and find these sentences.Now replace these sentences with your own descriptions.This theme is Bloggerized by Lasantha Bandara - Premiumbloggertemplates.com.
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Facebook's Zuckerberg: I started this place, I run it, I'm responsible
In a candid conversation with the press, the CEO acknowledges that millions more profiles than initially reported were passed to Cambridge Analytica. He says it's all on him.
Mark Zuckerberg has been under fire over concerns that Facebook doesn't take user's privacy seriously.
James Martin/CNET
On the day Facebook announced that 87 million users had their data compromised in the Cambridge Analytica scandal -- up from 50 million -- CEO Mark Zuckerberg said he thinks he's still the right man to run the world's largest social network.
"Life is learning from mistakes," Zuckerberg said on a conference call Wednesday with reporters. "At the end of the day, this is my responsibility. I started this place, I run it, I'm responsible."
The unusual conference call with the press comes as Facebook faces defecting advertisers, legislative ire and unhappy users over its mishandling of people's data in what has now become known as the Cambridge Analytica scandal.
It kicked off when Facebook acknowledged that the London-based data analytics firm had improperly received leaked profile information on more than 50 million Facebook users. Cambridge Analytica then reportedly used that data to help sway elections and political campaigns around the world. The fallout continued Wednesday when Facebook's CTO Mike Schroepfer said in a blog post that the number of people whose data Cambridge Analytica had was much higher than originally thought.
At its heart, this scandal isn't just about improper handling of people's information, or who did what. It's whether or not Facebook, with 2 billion people using it each month, is trustworthy. It's about whether this communication platform can be trusted to handle information for one out of every three people on the planet and continue to be the central part of our lives that it's become.
Zuckerberg made clear he doesn't plan to step down as CEO, and so far he hasn't fired anyone due to this scandal. Instead, he described Facebook as trying to come to terms with what had happened. "We're an idealistic and optimistic company," he said. "We know now we didn't do enough to focus on preventing abuse and thinking through how people use these tools to do harm."
The company, he said, is now facing two central questions: "Can we get our systems under control and second, can we make sure that our systems aren't used to undermine democracy," Zuckerberg said
"It's not enough to give people a voice, we have to make sure that people are not using that voice to spread disinformation," he added.
And, specifically, he acknowledged that Facebook has "to ensure that everyone in our ecosystem protects people's information."
Questions and answers
Facebook's public woes began last month when the company said it had cut off Cambridge Analytica's access to its service. But that was only after it realized that The New York Times and Guardian's Observer publications had learned about the data misuse, which occurred three years ago.
Zuckerberg said, in response to a question from CNET, that the company waited to announce this number until Wednesday because he wanted to get a "full understanding" and "give you the complete picture." He said Facebook wanted to figure out the maximum number of people who may have been affected by the rogue app Facebook said was created by a lecturer at University of Cambridge to collect profile information of millions of users and then hand them to Cambridge Analytica.
Zuckerberg also reiterated that the company is planning to audit apps and companies that connect with its service. For example, Facebook is adding restrictions to its Facebook Login tool for apps, which allows users to log into various services using their Facebook data. Facebook said all apps that request access to information such as check-ins, likes, photos, posts, videos, events and groups as part of that login process will now need to be approved. Additionally, Facebook said outside apps won't be able to collect information such as religious or political views, relationship status or education and work history.
People will also no longer be able to search for Facebook profiles by typing phone numbers and email addresses into the social network's search box. Facebook said it left people vulnerable to having their public profiles collected by bad actors. The company also put more limits on what information developers could gather from a handful of Facebook services, including its Events, Groups and Pages features.
All of Facebook's efforts to mitigate the damage both to people's privacy and its own reputation haven't been enough for some users. The hashtag #DeleteFacebook has trended on Twitter, and won support from prominent Silicon Valley personalities including Tesla and SpaceX CEO Elon Musk, who deleted the two company's Facebook profiles, and Brian Acton, a co-founder of WhatsApp, a messaging service Facebook bought in 2014 for $19 billion.
Zuckerberg also said Wednesday that he had not fired anyone over the Cambridge Analytica scandal. He said ultimately the onus is on him. "I'm not looking to throw anyone under the bus," he said.
From Russia, with heartache
Cambridge Analytica isn't the only controversy Facebook is dealing with.
The company is still reeling from Russian trolls abusing the social network during the 2016 US presidential campaign to try to meddle with the election and sow discord among Americans. The Russian agents used a combination of paid ads and organic posts to spread misinformation and propaganda on the platform.
Zuckerberg said Wednesday it was a mistake to dismiss the impact of fake news as "crazy," which he infamously did two days after the election. "It was too flippant."
Since the election, Facebook has been taking steps to try and make sure other elections aren't compromised. The company is building an archive of election ads that it will make available in the summer.
Facebook has also stepped up its fight against misinformation. The company has partnered with news organizations like the Agence France-Presse to help fact-check fake news. Facebook will also be able to fact check videos and photos, not only links to written articles.
The company also said it would hire 20,000 people to work on security and content reviews. On Wednesday, Zuckerberg said so far the company has brought on 15,000 people, and will continue to ramp up.
"It's clear now we didn't do enough" to make sure Facebook's products couldn't be abused, Zuckerberg said. "That was a huge mistake. It was my mistake."
The Smartest Stuff: Innovators are thinking up new ways to make you, and the things around you, smarter.
Whether for racing, collecting or just showing them off, the ultra-rich love their fancy cars. And the bigger the price tag, the more impressive the vehicle.
CNBC's "Secret Lives of the Super Rich" features some of the most expensive — and exclusive — cars to hit the market, from rare Ferraris to a car personally gifted to the Pope.
Here are five highlights from the show's fifth season.
A secondhand LaFerrari
Since the debut of the special edition LaFerrari in 2013, car collectors far and wide have clamored to own one. But the $1.4 million price tag isn't the greatest barrier to entry: potential buyers have to apply to buy the sports car. Though the luxury auto manufacturer received over a thousand applications for the exclusive model, it produced only 499.
However, one collector got lucky when he snagged billionaire casino magnate Steve Wynn's LaFerrari for $3 million — more than double the original price.
Secret Lives of the Super Rich | CNBC
The Popemobile
With only 400 ever made, the Ferrari Enzo is one of the scarcest models out there.
Number 400, the last one ever produced, once sold for $6 million at auction. That's partially because the car was originally built for Pope John Paul II in 2005 as a gift. There's even a handwritten note from the chairman of Ferrari under the hood. Though the Catholic Church leader never drove it, he did bless the car before the Vatican put it up for sale — with all proceeds donated to charity, of course.
Secret Lives of the Super Rich | CNBC
A record-breaking Porsche
This 1982 Porsche 956 sold for $10 million at auction, making it the most expensive Porsche ever. It features 630 horsepower and can travel up to 250 miles per hour, helping it break a world speed record.
But owning the car doesn't just signal wealth — it also creates status. Just by virtue of owning the legendary racing machine, the owner is invited to vintage racing events, shows and parties around the world.
Secret Lives of the Super Rich | CNBC
The rarest McLaren of them all
Collectors worldwide covet the McLaren F1, partly due to its limited nature — only 106 were ever made. The newly minted cars cost close to $1 million in the '90s, but they've only gone up in value since. Due to the car's scarcity, when an F1 came up at auction in 2015, it sold for $13.75 million.
Secret Lives of the Super Rich | CNBC
The most expensive car ever sold
This vintage Ferrari 250 GTO built in 1963 is one of only 39 ever made. Created specifically to impress collectors, one once went for $52 million, making it the most expensive car ever sold.
Who says smartphones are only about specs? Look at some of the world's most expensive smartphones, they have lots more to boasts than just top-of-the line specifications. With designers extending their midas touch to the world of gadgetry, you have mobile phones costing over a million dollars.
Sizzling both in features and looks, these phones stand for both style and class.
Here's over to 8 smartphones for the uber rich.
1/9
Agencies
Vertu Signature Touch for Bentley, price starts at $9,000
Earlier this year, Vertu launched Signature Touch for Bentley.
The smartphone is the result of automaker's five-year partnership with the luxury smartphone maker.
The cheapest Signature Touch in plain leather is priced at $9,000 and goes up all the way to $19,000.
Buyers get a choice of eight leather colors and 16 stitching options to customize the smartphone.
The smartphone bundles a Bentley app, which gives buyers access to exclusive content and events.
On specifications front, the Android-based smartphone has a Snapdragon 810 processor, 4GB RAM and 64GB internal storage which can be expanded up to 128GB by microSD card.
There's 21MP rear camera and a 2.1MP camera on the front. The smartphone's 5.2-inch display boasts of 428PPI and is covered by a sapphire display.
2/9
BCCL
Tonino Lamborghini 88 Tauri, $5,250
Lamborghini 88 Tauri is a luxury smartphone from luxury car maker Lamborghini.
The phone features premium materials like nine different colors of calfskin leather and black, silver and genuine gold-plate.
The smartphone's screen is said to be shatter-and scratch-proof. It is said to be the same glass as used in Lamborghini's own cars.
On hardware front, the Android-powered smartphone features 20MP rear camera and 8MP shooter at the front.
It runs on 2.3GHz quad-core Qualcomm processor and packs 3GB RAM.
As the name suggests, Mobiado Grand Touch EM Marble is said to have been crafted from stone.
The finish options of Mobiado include Burl, Cocobolo, Ebony and Granite.
As for hardware specifications, there's 4.65 inch display with S-AMOLED capacitive touchscreen boasting of 16M colours. Packs 1GB RAM, 16GB internal storage and 5 megapixel camera with LED flash.
Connectivity options are GPRS, EDGE, Wi-Fi, Bluetooth v3.0 with A2DP and microUSB v2.0 port.
4/9
Sirin Solarin Crystal, price starts at $14,000
Earlier this year, Israeli startup Sirin Labs launched one of the world's most expensive Android smartphones.
Called Solarin, the smartphone has been dubbed as the 'Rolls Royce of smartphones'. The company claims that Solarin is the world's 'most secure' Android smartphone.
The smartphone promises military-grade encryption technology to protect users' calls and messages.
Solarin runs on 2GHz Qualcomm Snapdragon 810 processor, comes with support for 24 bands of LTE, and promises "far superior" Wi-Fi connectivity than standard mobile phones.
The smartphone comes in four colour options: Fire Black Carbon Leather with Titanium, Fire Black Carbon Leather with Diamond-like Carbon, Fire Black Carbon Leather with Yellow Gold and Crystal White Carbon Leather with Diamond-like Carbon.
The solid gold bar smartphone is the latest addition to the company's Regal series.
Called Gresso Regal Gold, its case is made of golden PVD-coated titanium. Regal Gold smartphone runs on 1.5 GHz quad-core processor and is powered by Android operating system.
It boasts of a 5-inch 1080p display with Gorilla Glass, a 13MP rear camera with LED flash and a 5MP front camera. There's 2GB of RAM and 32GB storage.
Bling lovers, Goldgenie has 24K Gold plated version of iPhone 6s.
Called iPhone 6s Elite, the smartphone has a special engraving on the back that celebrates the Chinese Year of the Monkey.
Other than all that gold, this Goldgenie model sports a laser engraved monkey symbol that takes a good part of the back side of the phone.
Goldgenie iPhone 6s Elite comes in 16, 64 and 128GB storage models.
7/9
Goldvish Eclipse, price starts at $7,668
The newest addition to the luxe series, Goldvish Eclipse was launched in May this year.
The handmade smartphone sports exotic leather and a framework of precious metals. The phone comes with a scratch-resistant 5.5 inch capacitive touchscreen, Qualcomm Snapdragon processor and runs on Android operating system.
There's 13MP primary camera with 6 lenses to avoid distortion and color aberration, dual-LED Flash, f/2.0 apperture, 5MP distortion-free front camera (1080p@30fps) and 4K resolution video with stereo recording.
8/9
Black Diamond iPhone, $15.3 million
This is the most expensive iPhone in the world, according to luxury website alux.com.
Priced at a whopping $15.3 million, the Black Diamond iPhone 5 has been designed and crafted by Stuart Hughes, the renowned creator of some of the world most expensive and luxurious items.
Black Diamond iPhone is basically an iPhone 5 covered in gold, gems and a super-expensive black diamond.
The company is reportedly also planning to launch an iPhone 6S worth $23 million.
