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The Web of Profit: A look at the cybercrime economy

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“My goal was to get a better sense of how the cybercrime economy works” writes Mike Mcguire for venturebeat.com. Without a holistic overview, one that considers the dynamic and interconnected nature of the cybercrime economy, we will never have a full and accurate understanding of the problem.The cybercrime economy has also become a kind of mirror image of contemporary capitalism – reproducing disruptive business models popularized by the likes of Amazon and Uber.Though it constitutes a relatively new criminal economy, cybercrime is already generating at least $1.5 trillion in revenues…

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Convincing The CPO To Advance Toward Analytics

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“Only 3 percent have predictive/advanced analytics solutions in place, and only 2 percent have artificial intelligence fully deployed within the procurement function” reports pymnts.com. Organizations like Xeeva are pressing for their business customers to make the digitization leap and embrace artificial intelligence in procurement.The overwhelming volume of data and information associated with procurement is an opportunity for artificial intelligence to address these hurdles, however. Source: pymnts.com Share This:

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Facebook’s rep has taken a hit from the Cambridge Analytica scandal — but its ad business hasn’t

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“Facebook advertising is a crucial channel for driving sales in their business, so they can’t afford “to be precious,” as one advertiser said” writes Troy Wolverton for businessinsider.com. Facebook’s stock and reputation were pummeled in the wake of the Cambridge Analytica scandal, but its actual business is likely doing just fine, thank you very much.But for the most part, advertisers so far seem to be ignoring the negative sentiments and declining usage data, Sebastian said.Meanwhile, Kenshoo’s data indicates advertisers didn’t change the amount they were spending on Facebook in reaction…

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Antitrust hasn’t dropped the ball on Big Tech, Trump appointee says

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“The antitrust laws are flexible enough to address competition issues from emerging platforms,” Delrahim argued” writes Dhiraj Singh Bloomberg for washingtonexaminer.com. A critical question instead is the tech giants’ control of platforms that give them a powerful advantage over business customers who are, at times, competitors. Source: washingtonexaminer.com Share This:

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Why the transportation sector needs data scientists

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“While the future of IoT in the transportation sector is not 100 percent in the hands of data scientists, they will play a key role in its development” writes Nyc Data Science for venturebeat.com. A data scientist can make sure more employees in the company who need to use data can access analyzed data to improve efficiencies and eliminate redundancies internally.Furthermore, many data scientist roles help make data accessible to the entire team.To combat this, the transportation industry must undergo changes to accommodate increased global movement.Though the transportation sector has…

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GoDaddy wants to help small businesses compete using AI

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“The first project in that vein is a system the company claims can value internet domain names better than a human can” writes Blair Hanley Frank for venturebeat.com. That’s a complicated task in itself since domain names typically don’t have characters separating them.To create this system, GoDaddy needed a massive amount of data, which it has in spades.To begin, GoDaddy trained a model to separate and evaluate the words in a domain to help determine its value. Source: venturebeat.com Share This:

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Facebook Limits Number of Users Protected by New EU Privacy Law

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“The GDPR has been in the works for several years to limit the user data websites are allowed to collect in the European Union” writes Ryan Whitwam for extremetech.com. It also requires users to consent to data collection when visiting a site (i.e. privacy is the default).So, websites that want to operate in Europe are currently finalizing their implementations, and that includes Facebook, which holds data on many EU citizens. Source: extremetech.com Share This:

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5 things AT&T revealed in the Time Warner trial that could directly affect you

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“After the merger, AT&T will want to use every opportunity to promote its new media business” writes Brian Fung Covers for washingtonpost.com. Here’s what he said.] This product could technically roll out before the Time Warner merger closes.Stephenson added that the product will be free for AT&T wireless subscribers who have an unlimited data plan. [AT&T’s CEO took the stand in the Time Warner trial. Source: washingtonpost.com Share This:

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Facebook’s privacy changes look different for Europeans and Americans

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“These new changes, in the works for months, are supposed to make the why and how of Facebook’s data collection clearer” writes Hayley Tsukayama Covers for washingtonpost.com. Facebook is simplifying its settings on Web and mobile, making it easier for people to find the option to download all of their Facebook data or delete their account.Here, they’re backed by Facebook’s promise. [Why Europe, not Congress, will rein in big tech] That difference between the E.U. law and Facebook’s agreement for U.S. users manifests itself in a couple of ways.Meanwhile, Americans will be…

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