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Microsoft and VMware vet Paul Maritz backs social app built on promise of user privacy

GeekWire

Former VMware CEO and longtime Microsoft executive Paul Maritz is a major investor in True, a social app that vows not to sell or monetize user data. True shows it’s possible to build a social app “not predicated on a business model that requires you to abuse people’s information,” Maritz said.

Vmware 127
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Civil rights organizations want advertisers to dump Facebook

Vox

Nearly 99 percent of Facebook’s revenue came from advertising in 2019. The campaign, which was announced in a full-page ad in the Los Angeles Times on Wednesday , adopts a similar approach as previous advertiser-focused efforts that have targeted specific shows and websites. Jaap Arriens/NurPhoto via Getty Images.

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Social media used to be free. Not anymore.

Vox

Friso Gentsch/picture alliance via Getty Images You used to pay for social media with your eyeballs. If you’re not paying for the product, you are the product” has long been a common refrain about the business of social media. But now, this free model of social media — subsidized by advertising — is under pressure.

Media 99
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What other social networks can learn from Snapchat’s rebuke of Trump

The Verge

Spiegel’s memo, which Snap later made public, also came as the big social companies were reckoning over what to do about President Donald Trump’s increasingly bellicose posts about voting by mail and peaceful protesters. Social platforms, for better and for worse, offer only the president’s words. Donald Trump Jr.

Social 95
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Kaiser Permanente Discloses Data Breach Impacting 13.4 Million People

SecureWorld News

Information collected by online trackers is often shared with an extensive network of marketers, advertisers, and data brokers. Once shared, advertisers have used this information to target ads at users for complimentary products (based on health data); this has happened multiple times in the past few years, including at GoodRx.

Data 85
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How Snapchat became the forgotten social platform

Vox

Snap is, in its own words , a camera company sustained on intimacy and existing social networks. But beyond these core social features, Snap has bigger ambitions with augmented and virtual reality. billion in 2020 and $770 million in the first quarter of 2021, with most of its revenue generated through advertising.

Social 97
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CIOs in transition: 5 tips for landing your next IT leadership job

CIO Business Intelligence

Ask your network, and you’ll likely find IT leader peers who have been in a similar situation at least once in their career. I was in transition twice and wasn’t ready to handle the networking, persistence, and stress that comes with finding a new opportunity. Networking is a lifelong endeavor.