Items filtered by date: Wednesday, 21 August 2019
Wednesday, 21 August 2019 10:59

Facebook to stop stalking you off-site

Facebook Inc (FB.O) said on Tuesday it was tweaking its policies to allow users to see and control the data that other websites and apps shared with the social network to improve targeted advertising.
 
A feature in settings called Off-Facebook Activity will show all the apps and websites that send information about you to Facebook, which is then used to target ads more effectively.
 
You will also be able to clear your history and prevent your future off-app behaviour being tapped.
 
The company defines the data, for example, as when a clothing website shares information with Facebook on browsing activity of a user, as “Off-Facebook Activity”.
 
“We are starting by gradually making Off-Facebook Activity available to people in Ireland, South Korea and Spain,” Facebook executives said in a blog post.
 
The social media site said that if a user cleared their off-Facebook activity, Facebook would remove the user’s identifying information from the data that apps and websites chose to send.
 
“We won’t know which websites you visited or what you did there, and we won’t use any of the data you disconnect to target ads to you on Facebook, Instagram or Messenger,” he said.
 
Facebook said it expects this could have some impact on its business.
 
The tech heavyweight has faced criticism from lawmakers and regulators over its privacy practices.
 
In July, the company agreed to a record-setting 5 billion dollars privacy settlement with the U.S. Federal Trade Commission.
 
The settlement is awaiting court approval.
 
Published in Telecoms

Nigerian Stock Exchange (NSE) market indices on Tuesday shed 0.21 per cent due to loses in some blue chips.

All Share Index (ASI) lost 57.27 points or 0.21 per cent to 27,058.62 against 27,115.89 posted on Monday while the market capitalisation dipped N28 billion to close at N13.186 trillion against N13.214 trillion achieved on Monday.

The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; MTN Nigeria, Conoil, PZ Cussons Nigeria, NCR Nigeria and Union Bank of Nigeria (UBN).

However, market breadth closed positive, 27 stocks posted gains while 10 stocks posted declines.

Transcorp recorded the highest price gain of 10 per cent, each to close at N3.85 and 99k, respectively.

Chams followed with a gain 9.52 per cent to close at 23k, while Berger Paints went up by 9.49 per cent to close at N7.50 per share.

UACN appreciated by 9.38 per cent to close at N5.25, per share.

Conversely, Cutix led the losers’ chart dropping by 9.62 per cent to close at N1.41 per share.

PZ Cussons and Union Diagnostic & Clinical Services followed with a decline of 8.33 per cent each to close at N5.50 and 22k, respectively, per share.

May and Baker lost 6.83 per cent to close at N1.91, while Honeywell Flour Mills shed 6.06 per cent to close at 93k per share.

The total volume traded declined by 16.39 per cent with an exchange of 209.62 million shares worth N3.24 billion traded in 3,743 deals.

This was against 250.74 million shares valued at N3.53 billion transacted in 4,116 deals on Monday.

Transactions in the shares of Transcorp topped the activity chart with 43.59 million shares valued at N42.73 million.

Guaranty Trust Bank trailed with 42.97 million shares worth N1.14 billion, while Zenith Bank traded 34.11 million shares valued at N591.99 million.

Ecobank Transnational Incorporated (ETI) sold 24.21 million shares valued at N148.56 million, while FBN Holdings recorded a turnover of 6.32 million shares worth N31.36 million.

Published in Business
US President Donald Trump on Tuesday lashed out at Democrats over what he claimed was their lack of support for Israel.
 
He said that American Jews who intend to vote for his rival party in the 2020 elections would be displaying “great disloyalty.”
 
“I think any Jewish people who would vote for a Democrat, I think it shows either a total lack of knowledge or great disloyalty,” Trump said during an Oval Office meeting with President Klaus Iohannis of Romania.
 
Polls found that 76-79 percent of Jews voted for Democrats in November’s midterm elections, mirroring a long history of backing the party.
 
Trump was commenting on the uproar in Washington over Israel’s barring of Democratic congresswomen Rashida Tlaib and Ilhan Omar from entering the country due to their pro-Palestinian activism.
 
Tlaib and Omar, who have sparred with Trump over Israel and a number of other issues, on Monday accused the US president of encouraging Prime Minister Benjamin Netanyahu to ban them, and called to cut the $3 billion in US assistance to Israel until it halts settlement building and ensures equal rights for Palestinians.
 
“I would not cut off aid to Israel,” Trump said. “I can’t even believe we’re having this conversation. Five years, the concept of even talking about this, even three years ago, of cutting off aid to Israel because of two people that hate Israel and hate Jewish people, I can’t believe we’re even having this conversation.”
 
“Where has the Democratic party gone…. where they’re defending these two people over the State of Israel,” Trump said. “I think any Jewish people who would vote for a Democrat, I think it shows either a total lack of knowledge or great disloyalty.”
 
Israel granted Omar and Tlaib permission to enter in principle last month, but backtracked last week and banned them from visiting under a 2017 law allowing it to expel or deny entry to anyone who backs the Boycott, Divestment and Sanctions movement against Israel.
 
The decision was made less than two hours after Trump tweeted that it would be a “show of weakness” if Israel gave them permission to come, and the reversal was widely seen as the result of pressure from the US president.
 
Banning the lawmakers fueled a partisan fire over the Jewish state that has been raging in the United States, and Trump has appeared eager to fan the flames.
 
After the ban was announced, Trump celebrated the decision on Twitter, framing the issue in decidedly political terms: “Representatives Omar and Tlaib are the faces of the Democrat Party, and they HATE Israel!”
Published in World
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