France is good at launching tech startups, but not at growing them

France is good at launching tech startups, but not at growing them

“France is maybe the best place to start a company,” said Jean-Rémi Kouchakji, co-founder of PayinTech, a Paris-based fintech firm that was among the 9,000 startups at the Viva Technology conference this year. Paradoxically, he said, it’s a difficult place for small- and medium-sized companies
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The ongoing Huawei saga, explained in brief

The ongoing Huawei saga, explained in brief

Here’s a rundown of all the major news in the past week If you’re feeling bewildered trying to keep up with the never-ending references to Huawei in the news, you’re not alone. Fear not—here’s a handy time line of everything that has happened so far
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Facebook harvested the email contacts of 1.5 million users without their knowledge or consent when they opened their accounts.

Since May 2016, the social-networking company has collected the contact lists of 1.5 million users new to the social network, Business Insider can reveal. The Silicon Valley company said the contact data was “unintentionally uploaded to Facebook,” and it is now deleting them.

The revelation comes after pseudononymous security researcher e-sushi noticed that Facebook was asking some users to enter their email passwords when they signed up for new accounts to verify their identities, a move widely condemned by security experts. Business Insider then discovered that if you entered your email password, a message popped up saying it was “importing” your contacts without asking for permission first.

At the time, it wasn’t clear what was happening — but on Wednesday, Facebook disclosed to Business Insider that 1.5 million people’s contacts were collected this way and fed into Facebook’s systems, where they were used to improve Facebook’s ad targeting, build Facebook’s web of social connections, and recommend friends to add.

A Facebook spokesperson said before May 2016, it offered an option to verify a user’s account using their email password and voluntarily upload their contacts at the same time…

Full Source: Business Insider

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The latest in curated technology related news from around the globe. Sources are identified and reviewed each day before approval and publication. Content is source credited with full ​attribution. We do not accept submitted press releases outside of our curated process at this time.

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