It’s Complicated: Facebook’s History of Tracking You

Julia Angwin:

For years people have noticed a funny thing about Facebook’s ubiquitous Like button. It has been sending data to Facebook tracking the sites you visit. Each time details of the tracking were revealed, Facebook promised that it wasn’t using the data for any commercial purposes.
 No longer. Last week, Facebook announced it will start using its Like button and similar tools to track people across the Internet for advertising purposes.
 Here is the long history of the revelations and Facebook’s denials:
 Facebook’s Mark Zuckerberg introduces the “transformative” Like button…
 April 21, 2010 – Facebook introduces the “Like” button in 2010 at its F8 developer conference. Facebook founder Mark Zuckerberg declares that it will be “the most transformative thing we’ve ever done for the Web.”
 He says his goal is to encourage a Web where all products and services use people’s real identity. He suggests, in fact, that creating a personally identifiable web experience could be divine: “When you go to heaven, all of your friends are all there and everything is just the way you want it to be,” he says. “Together, lets build a world that is that good.”

What Drives the Revolving Door Between the Government and Wall Street?

Ryan Tracy:

“High gross inflows into regulation during times of regulatory intensity may reflect workers moving into [the] regulatory sector to get schooled in the new complexity,” the researchers write.
 So, rather than joining the government to go easy on banks, the paper suggests workers may be coming to Washington to gain a better understanding of how regulation works — and then using that knowledge to land higher-paying private sector jobs.
 The paper also found regulators are having trouble retaining workers. About 64% of people that started working in regulation in 2008 stayed in those jobs for three years or more, the paper found. That compared to 88% for workers that began in 1988. And workers with higher education seem particularly inclined to leave, the paper said. (It also noted that “job flows” in and out of the regulatory sector were still smaller than in other parts of the labor market.)

Disruption Theory: What the gospel of innovation gets wrong

Jill LePore:

In “The Innovative University,” written with Henry J. Eyring, who used to work at the Monitor Group, a consulting firm co-founded by Michael Porter, Christensen subjected Harvard, a college founded by seventeenth-century theocrats, to his case-study analysis. “Studying the university’s history,” Christensen and Eyring wrote, “will allow us to move beyond the forlorn language of crisis to hopeful and practical strategies for success.” On the basis of this research, Christensen and Eyring’s recommendations for the disruption of the modern university include a “mix of face-to-face and online learning.” The publication of “The Innovative University,” in 2011, contributed to a frenzy for Massive Open Online Courses, or moocs, at colleges and universities across the country, including a collaboration between Harvard and M.I.T., which was announced in May of 2012. Shortly afterward, the University of Virginia’s panicked board of trustees attempted to fire the president, charging her with jeopardizing the institution’s future by failing to disruptively innovate with sufficient speed; the vice-chair of the board forwarded to the chair a Times column written by David Brooks, “The Campus Tsunami,” in which he cited Christensen.

Thoughts on Privacy: The right way forward

Kashif Zaidi:

I was thinking about the scenario today, as it turns out we are still having the same debate on a whole different scale. One of our basic freedoms as humans is where we can choose to share and further have a choice between the intended use and recipients of the information we share, as we progressed along with the social dynamic of internet, we have came a long way, we do share and reveal extra ordinarily so much more than usual, where we do get an illusion of choice of its visibility, usage and privacy for that matter, with such advancements and the such higher rates of sharing, so much more information is being collected by organisations.
 Its being said the sexiest job you could have in this century is of a data scientist and its only fair to point the obvious benefits and the positive gain from the analysis of this big data. Advancements in Financial services, bioinformatics, genomics, medicine, advertisement, without it you won’t be able to see some the most fantastic innovations, such as the IBM’s Watson or Google’s self driving cars, with the arrival of cloud computing we will be able to do this analysis on a much larger scale, which would be helping us to get to the results with ever more agility and speed.
 No one can or is denying the benefits, we have to progress, organisations do have to collect this data and I would really like to have a self driving car more sooner, but there are severe tradeoffs when we give up the right to privacy.
 Any personal information can become sensitive information. The enormous personal data into social networks is creating an opportunity for an advanced, accessible technology with help from technologies like the cloud, the internet of things and the public databases. It has the potential to shatter our privacy by miles. Alessandro Acquisti tested this hypothesis by screening photos with facial recognition software, public databases, and personal information from social media networks, a complete profile can be created with an unnerving sense of ease.

The power of glamour

Virginia Postrel:

When we hear the word ‘glamour’, we envision beautiful movie stars in designer gowns or sleek sports cars and the dashing men who drive them. For a moment, we project ourselves into the world they represent, a place in which we, too, are beautiful, admired, graceful, accomplished, powerful, wealthy, or at ease. Glamour lifts us out of everyday experience and makes our desires seem attainable. It creates a distinctive sensation of projection and longing.
 What we find glamorous, like what we find funny, varies with personality and culture. But all glamour promises transformation and escape. In the image of a rising jet or a speeding convertible, a runway model or a martial arts hero, we experience the same dream: that we might soar beyond present constraints to become better, more accomplished, admired, respected and desired versions of ourselves. Glamour lets us project ourselves into new identities, imagining the ideal in the half-known.
 As a result, glamour can be as powerful as it is pleasurable. By focusing previously inchoate yearnings, it motivates not just momentary fantasies but real-world action, from buying holidays and high heels to moving to new cities and pursuing new careers.
 In fact, more than we like to admit, glamour influences our answers to the question “What do you want to be when you grow up?”
 For young children, to whom the very idea of adulthood is alluring and exotic, the responses are almost always pure glamour: movie star, athlete, fireman, model, pilot, dancer, and, especially for the preschool set, princess or superhero. Children, their answers tell us, long for lives of power, excitement, beauty, fame, and significance.
 So do adults. Whether experienced as children or young adults, the idealised professions we glimpse through books, movies, and TV shows often determine grown-up career choices – most of which have nothing to do with the stereotypically ‘glamorous’ trades of fashion or show business.

Your Outlet Knows: How Smart Meters Can Reveal Behavior at Home, What We Watch on TV

Jordan Robertson:

The research, which was published in 2012, measured how much power it takes to display certain programs on a television screen. Looking at seven movies and two television shows on five different brands of TV sets, the researchers found that each program had a unique power signature based on how much electric current was needed to show the images on the screen. Among the programs used for the tests was “Star Trek.”
 Once the programs’ signatures were identified, the researchers found they could then match that information with data coming out of a smart meter. That meant a power company or other entity could mine this data to determine what a household was watching. The test was comprehensive enough to show the technique is broadly applicable and that there is an urgent need for stronger protections for smart-meter data, the researchers said.
 As smart meters roll out around the world, the new technology has been met with anxiety and, at times, protests over security and privacy concerns. Last month, a protester was injured during an altercation with a water-utility employee at a demonstration in Ireland, and citizens’ groups in Australia, the U.S. and Canada have mounted campaigns against the installation of smart meters.

The coming digital anarchy

Matthew Sparkes:

Bitcoin is giving banks a run for their money. Now the same technology threatens to eradicate social networks, stock markets, even national governments. Are we heading towards an anarchic future where centralised power of any kind will dissolve?
 The rise and rise of Bitcoin has grabbed the world’s attention, yet its devastating potential still isn’t widely understood. Yes, we all know it’s a digital currency. But the developers who worked on Bitcoin believe that it represents a technological breakthrough that could sweep into obsolescence everything from social networks to stock markets… and even governments.
 In short, Bitcoin could be the gateway to a coming digital anarchy – “a catalyst for change that creates a new and different world,” to quote Jeff Garzik, one of Bitcoin’s most prolific developers.
 It’s already beginning. We used to need banks to keep track of who owned what. Not any more. Bitcoin and its rivals have proved that banks can be replaced with software and clever mathematics.

Former Genesis drummer Chris Stewart publishes his latest dispatch from Andalusia

John Walsh:

Stewart is one of nature’s enthusiasts. He’s also one of her more impulsive handymen. He’s also a farmer. The combination of all these has made him a best-selling writer. It’s a quarter-century since he spent virtually everything he possessed (about £25,000) to buy a small, primitive farm, on the wrong side of the river, in the mountainous Alpujarra region of Andalucia in southern Spain. He and his wife Ana had driven around the region and idly wondered if they might ever consider living there; but when he thrust the cash into the hands of Pedro Romero within minutes of seeing El Valero, he was going on the purest impulse.
 Telling his wife what he’d done wasn’t easy. And, almost immediately, awkward questions crowded in: how could he fix a domestic water supply? What to do about locals’ plans to flood the valley and build a dam? And what about Pedro, who showed no immediate, or long-term, intention of moving out?
 Solving these problems, and transforming this patch of Nowheresville into a sun-drenched idyll took years of back-breaking toil and learning-on-the-job DIY, of helpful neighbours and impossible bureaucrats. It also begat Driving Over Lemons, published in 1999 to loud acclaim and huge sales. Successive books, drawing from the same rich well of rustic anecdote and expatriate self-consciousness, followed in 2002 (A Parrot in the Pepper Tree) and 2006 (The Almond Blossom Appreciation Society), and Last Days of the Bus Club is out this week.

Accidental Explorer

Mayfair Times:

Author William Dalrymple has been in love with India for 30 years and written many books about the country. He tells Selma Day that it was just pure chance that he ended up there
 Last month saw the famed Jaipur Literature Festival arrive at the Southbank Centre, showcasing South Asia’s literary heritage through a day of talks, music and readings. We caught up with festival director William Dalrymple, the author of nine books about India and the Islamic world, including White Mughals, The Last Mughal and his most recent, Return of a King: The Battle for Afghanistan.
 When did your fascination with India begin?
 Knowing nothing about India and with very little interest, I ended up there by total accident, aged 18. I was in a state of total confusion for about a week and then fell rather hopelessly in love with it and it’s a relationship that has continued until this day. It’s 30 years this year.

Business jargon: Squaring the circle

Howard Mustoe:

“Putting together the pipelines,” was how Pfizer chief executive Ian Read explained his proposed takeover of British drugmaking rival AstraZeneca.
 “Let’s make sure we get good capital allocation… build a culture of ownership… flexible use of financial assets… productive science… opportunity to domicile… putting together the headcount,” were among his phrases as he faced MPs last month, much to the frustration of committee members.
 “I asked a simple question,” committee chairman Adrian Bailey said at one point.
 Use of jargon is not a new phenomenon, but businesses are leaving their customers and even their own staff scratching their heads about where their firms are going and where they themselves stand.
 “This jargon is tribal and reinforces belonging,” says Alan Stevens, director of Vector Consultants, which advises companies on culture. “It’s part of the psyche. But it’s not useful.”