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Netflix Paid $100 Million To Access Private Facebook Messages

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According to a document shared by X user Deedy, streaming service platform Netflix and social media giant Facebook exchanged private user information. According to the document, Facebook gave access to user’s private messages in exchange for their watch history. Moreover, the video streaming platform allegedly paid over $100 million to Facebook. JUST IN: Facebook sells all its users private messages to Netflix for $100 million. — Watcher.Guru (@WatcherGuru) April 2, 2024 According to the document, in 2011, the streaming platform announced a Facebook integration to share user data internationally. Moreover, according to the document, Netflix began lobbying Congress to allow for such data sharing in the US. Also Read: Netflix Resumes Advertising on X Platform According to the document, ‘ By 2013, Netflix had begun entering into a series of “Facebook Extended API” agreements, including a so-called ‘Inbox API’ agreement that allo...

Meta faces pressure from Congresswoman Maxine Waters over crypto trademark filings

Congresswoman Maxine Waters raised concerns over Meta’s recent trademark filings related to crypto, seeking clarification on the company’s plans in web3. Rep. Maxine Waters (D-Calif.) sent a letter to Meta executives, seeking answers about Meta’s apparent intention to expand its involvement in the crypto ecosystem. Waters, who serves as the top Democrat on the House Financial Services Committee, conveyed her concerns through a letter addressed to Meta’s top executives, including CEO Mark Zuckerberg and COO Javier Olivan. The letter delves into inquiries about Meta’s strategic direction in web3 and explores its stance on stablecoin initiatives following Meta’s submission of five trademark applications related to crypto and blockchain products with the U.S. Patent and Trademark Office. “With its initial filings on Mar. 18, 2022, Meta’s application submissions as of Jan. 22 appear to represent a continued intention to expand the compan...

Ex-Facebook Executive Pleads Guilty to Stealing $4 Million

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An ex-Facebook diversity executive pleaded guilty Wednesday to stealing more than $4 million from the social media giant “to fund a lavish lifestyle” in California and Georgia, federal prosecutors say. Barbara Furlow-Smiles led various Facebook Diversity, Equity, and Inclusion programs from 2017 through mid-2021. According to the U.S. Attorney’s office in Atlanta, she stole the money “through an elaborate scheme.” JUST IN: Ex-Facebook diversity manager pleads guilty to stealing $4 million from company. pic.twitter.com/9b5lQndKqJ — Watcher.Guru (@WatcherGuru) December 13, 2023 Among other things, prosecutors say that Furlow-Smiles caused Facebook to pay people for goods and services that were never actually provided to the company. In return, those individuals paid her kickbacks. “These individuals included friends, relatives, former interns from a prior job, nannies and babysitters, a hair stylist, and her university tutor,” t...