Cambridge Analytica Planned To Launch Its Own Cryptocurrency (theverge.com) 60
Cambridge Analytica, the data analytics firm that harvested millions of Facebook profiles of U.S. voters, attempted to develop its own cryptocurrency this past year and intended to raise funds through an initial coin offering. The digital coin would have helped people store online personal data and even sell it, former Cambridge Analytica employee Brittany Kaiser told The New York Times. The Verge reports: Cambridge Analytica, which obtained the data of 87 million Facebook users, was hoping to raise as much as $30 million through the venture, anonymous sources told Reuters. Cambridge Analytica confirmed to Reuters that it had previously explored blockchain technology, but did not confirm the coin offering and didn't say whether efforts are still underway. The company also reportedly attempted to promote another digital currency behind the scenes. It arranged for potential investors to take a vacation trip to Macau in support of Dragon Coin, a cryptocurrency aimed at casino players. Dragon Coin has been supported by a Macau gangster Wan Kuok-koi, nicknamed Broken Tooth, according to documents obtained by the Times. Cambridge Analytica started working on its own initial coin offering mid-2017 and the initiative was overseen in part by CEO Alexander Nix and former employee Brittany Kaiser. The company's plans to launch an ICO were still in the early stages when Nix was suspended last month and the Facebook data leak started to gain public attention.
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Exactly. Next I expect to see a headline that claims "Cambridge Analytica executives eat babies."
1st didnâ(TM)t in a summary (Score:2, Insightful)
How bout not posting story summaries with your GOD DAMNED IPHONE!!!!!!!!!!
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That's our man BeauHD!
BeauHD is not a man. BeauHD is a poorly written AppleScript running from an unpatched mac mini hidden in a closet in one of the Apple Stores.
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IMO, this scandal should result in the firing of BeauHD as an editor.
Let him continue to sit around doing nothing and collecting a paycheck if you want (in other words, no actual change to his job description), but don't let him approve submissions anymore.
If Only (Score:1, Insightful)
...they had been supporting Hilda, then all would be 100 percent OK and they would be praised for "supporting a high tech campaign".
It is very funny indeed how the sheeple can be whipped into an outrage by the mainstream media for something WE ALL KNEW BEFORE. The business model of Facebook was no secret at all. Neither is that of Google, which is almost identical to Facebook's model.
And let's don't start to talk about those 135 tracking companies which will load your computers with cookies for two days or
Wow! (Score:2)
Maybe they want to make some buck after their recent flop?
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Re:Wow! (Score:5, Insightful)
Like that kind of comment went out last millennium. People kinda of should be free to express themselves via their attire and style, their choice. There should not be cause to not hire or fire someone, unless it breaches common decency, properly covered, no genitalia exposed and that would have to include camel toe and stuffing socks down your shorts. So dress or kilt or caftan or what ever should be OK for either sex and you hair colour and style, as long as it is not a pack of snakes who cares.
Why did they want to do crypto currency, because they had a database full of gullible cryptocurrency buyers, they knew the best marketing angle for each and they could suck them into buying a ton of them, as simple as that. Rather than sell that information, they decided to exploit those weaknesses themselves, still wildly scummy though, I mean really, really scummy. A real pack of pommie crooks. The poms (Prisoner Of his/her Majesty, you don't write the 'H' but you sound it) have really be sticking to the septic tanks and make no mistake. From Blair riding the Shrub to war instead of talking him out of it, to the latest debacle, the work of the poms to make a profit out of the war on terror. They have been spending bugger all and even this time around when they actually started it (right down the the white helmets they control and the Skripal BZ incident) they spent the least and the US was sucked in to spend the most, by far (although, they were taking the opportunity presented by the poms to tests Russian (2nd string) air defence systems, to decide whether or not to directly attack Russian forces in Syria, which is now a definite no).
Israel, UK, Saudi Arabia, how many countries are fucking over the USA?
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Israel, UK, Saudi Arabia, how many countries are fucking over the USA?
In Soviet Russia, Realpolitik fucks YOU!
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Dude time travel sex, 'eww', that sounds awful if you are Russian, travel back in time to screw your soviet ancestor, eww, seriously mate ;D.
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Dude time travel sex, 'eww', that sounds awful if you are Russian, travel back in time to screw your soviet ancestor, eww, seriously mate ;D.
Although Marty McFly's Mom was pretty hot in Back to the Future. That was a close call...
#StopCamelToeShaming (Score:2)
that would have to include camel toe and stuffing socks down your shorts
Wait, are you saying that camel toes and stocks stuffed in your shorts breach decency? What if someone identifies as a person who has a big "package", but has a small one and can't afford surgery - and is otherwise very good at their job? Are you suggesting they should be fired for not being cispackaged?
Behind your thin veil of tolerance, I sense in fact a very narrow minded vision of society. Preaching acceptance of things that you find acceptable and in the same breath condemning things you don't find acc
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Like that kind of comment went out last millennium. People kinda of should be free to express themselves via their attire and style, their choice.
Indeed, you are free to do so. And if you express "I'm a loser who can't get his act together", others are free to make hiring decisions based on that signalling. Of course, Starbucks isn't exactly choosy, but better jobs might be. But, hey, you be you.
"It is only shallow people who do not judge by appearances. The true mystery of the world is the visible, not the invisible" - Oscar Wilde
CA - Steve Bannon - Gangsters (Score:2)
Well, colour me surprised.
So definitely it's a business plan. (Score:4, Insightful)
Their mission statement must read something like: "To exploit and profit from misguided public trust in any recent data or computing platform, before their lack of any safeguard becomes widely known"
Next step, I suppose they will turn into something AI related, like predictive-algorithm-guided stock investing or something equally juicy.
like a hacker ransoming your encrypted hard drive (Score:1)
Scam (Score:2)
One scam meets another.
Name (Score:1)
It's called the Ruble
Corrupto-Currency (Score:4, Funny)
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I expect the performance will be identical, regardless of name.
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No need to worry. At least we can be sure this one is a Corrupto-Currency.
Cymbal Crash! I propose we call this sort of burn a "Thwaks"
Cambridge Analyica should be shut down (Score:4, Interesting)
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and the FBI confiscate all their computer hardware
Aren't they in the UK? I think this is outside the FBI's jurisdiction, unless you meant to say Scotland Yard.
The UK also hasn't been to keen on extradition lately.
https://theintercept.com/2018/... [theintercept.com]
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While we're at it lets do that to Facebook, Twitter, Google, Amazon, Microsoft, well you probably see where I'm going here... No?
E Corp ? (Score:3)
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World first (Score:1)
The first ICO to steal both your data and your money! Amazing.
But what is their strategy on Net Neutrality!? (Score:2)
And Global Warming?
Tickers (Score:2)
No problem, they can still combine the two and be $ANALSPY. Brand recognition right there.
With Cambridge Analytica the cryptocoin owns you. (Score:1)
Cambridge Analytica Planning (Score:1)