Top News:
Sara Salinas / CNBC:
FTC says it has an open non-public probe into Facebook's privacy practices; a violation of consent decree signed in 2011 could carry a penalty of $40K/violation — Shares of Facebook fell more than 5 percent Monday after the FTC confirmed it's investigating the company's data practices in the wake of the Cambridge Analytica breach.
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BBC:
Facebook took out full-page ads, signed by Mark Zuckerberg, in several major US and UK newspapers on Sunday to apologize for Cambridge Analytica data leak — Facebook boss Mark Zuckerberg has taken out full-page adverts in several UK and US Sunday newspapers to apologise for the firm's recent data privacy scandal.
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Jean-Louis Gassée / Monday Note:
By claiming that Facebook was not aware of a widespread misuse of user data by outside developers, Mark Zuckerberg sends a message that he thinks we are idiots — Surprise: Thanks to the Cambridge Analytica revelations, we're finding out that Facebook allowed a much broader and deeper prostitution …
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Reuters:
Reuters/Ipsos poll: only 41% of Americans trust Facebook to obey privacy laws while 66% trust Amazon, 62% trust Google, 60% trust Microsoft, and 53% trust Apple
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Chris Welch / The Verge:
Tim Cook says that some well-crafted privacy regulations may be necessary; Zuckerberg acknowledged Facebook may need to be regulated in CNN interview this week
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Forbes, The Verge, Business Insider, Wall Street Journal, Fortune, 9to5Mac, Patently Apple, Vanity Fair, Fast Company, Gizmodo, Mashable, MacDailyNews and Reuters
Brian Stelter / CNNMoney:
Preliminary ratings from Nielsen show that CBS “60 Minutes” interview with Stormy Daniels drew the show's highest ratings in 10 years — Stormy Daniels: ‘I have no reason to lie’ — Anderson Cooper's interview with Stormy Daniels propelled “60 Minutes” to its highest-rated episode …
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Peter Kafka / Recode:
Spotify issues guidance for 2018 ahead of IPO: subs 96M, up 36% YoY, revenue $6.9B, up 30% YoY, operating losses $409M, down from $500M, and more — Ahead of its IPO, the streaming service is offering its first-ever guidance: Revenue, subs and margins will be up, operating losses will go down.
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Facebook:
Facebook is rolling out its feature showing more stories from local news sources in News Feed, available in US since January, to all other countries — By Alex Hardiman, Head of News Product, and Campbell Brown, Head of News Partnerships — Local news helps people connect to their communities …
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Fast Company, The Verge, VentureBeat, Engadget and TechCrunch, more at Techmeme »
Garett Sloane / Ad Age:
Sources: HQ Trivia landed a $3M deal to promote three Warner Bros. movies, starting with Ready Player One, will announce $250K jackpot with sponsorship tie-in — The popular live game show app HQ Trivia has bagged its first sponsor in Warner Bros., which will lead to the biggest prize pool players …
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TechCrunch, Adweek and MacRumors, more at Techmeme »
Reuters:
Egypt has deported The Times journalist Bel Trew ahead of presidential election; the British paper claims the move was to intimidate media and suppress coverage — LONDON (Reuters) - Egypt has deported a British journalist working for The Times, the newspaper said on Saturday, describing an …
John Koblin / New York Times:
Since October, Apple has signed 12 TV projects, nine of them “straight-to-series”; sources say the company aims to roll them out between March and summer 2019 — Known for its bold designs and its big marketing campaigns, Apple relishes its status as a dominant force in the corporate world.
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Christopher Williams / Telegraph:
The Daily Telegraph's Chief Executive Nick Hugh says as of April 2017, the news paper had a gender pay gap of 35% and commits to reducing it to 0% by 2025 — The Telegraph has revealed a mean gender pay gap of 35pc, a figure branded “unacceptable” by chief executive Nick Hugh as he committed to reducing the disparity to zero by 2025.
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Todd Spangler / Variety:
YouTube TV signs multiyear deal with the NBA, will become the first-ever presenting sponsor of the NBA Finals, following similar deal with MLB — Google's YouTube is boxing out over-the-top TV rivals with yet another promotional sports pact: YouTube TV will be the first-ever presenting sponsor for the NBA Finals.
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Ad Age, Broadcasting & Cable, Adweek and TechCrunch, more at Techmeme »
Global Investigative Journalism Network:
How Russian journalists uncovered Russian information operations targeting the US, exposing the Internet Research Agency as a troll factory in 2013 — The reason we know so much about the Russian information operations that targeted the United States from 2014 to 2017 is that some Russian journalists are very good at their jobs.
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