Technology News Briefs – Sept. 17, 2012

Myspace develops privacy policy

Myspace must put a comprehensive privacy policy in place and submit to audits for the next two decades, the Federal Trade Commission has decided.

Myspace, the most popular U.S. social networking service before being overshadowed by Facebook and LinkedIn, must implement the changes  a complaint was filed alleging it had passed along users’ names to advertisers via referrer headers.

The online entity was purchased last year by the ad network Specific Media.

Myspace allegedly “leaked” information about users by including data about them in referrer headers, the HTTP header information automatically sent by publishers to ad networks. The information included users’ age, gender and “FriendID” to ad networks.

Chrome to Support Do Not Track

Google Chrome will soon have support for the Do Not Track privacy setting, MediaPost News reported.

Do Not Track, aids users in opting out of being tracked online for the purposes of targeted advertising.

Some critics say the setting “has the potential of giving consumers a false sense of security,” the report said. “But since Chrome is close to becoming the world’s most-used browser, if it’s not already, its support for DNT is pretty important.”

Samsung Planning New Smartphone for Early 2013

Samsung will release the Galaxy S4 Smartphone in March 2013, says a Samsung executive.

The unnamed executive told The Korea Times the company would announce the new phone next February at the Mobile World Conference (MWC) in Barcelona.

He also revealed the Galaxy S4 specifications, which he described as “more than enough” to be competitive with the Iphone 5.

Features are to include support for LTE networks, a quad-core Exynos processor, the latest version of Google’s Android 4.1 Jelly Bean operating system, and a 5in HD AMOLED display, which may use the company’s flexible screen technology.

Winklevoss twins invest $1M in SumZero

The Winklevoss twins are giving the social networking another try.

Tyler and Cameron Winklevoss have made a $1-million investment in SumZero, a social network targeting professional investors, according to a Wall Street Journal (WSJ) story.

The twins, known for their legal skirmishes with Mark Zuckerberg over Facebook, formed Winklevoss Capital in February.  Their first investment was Sum Zero, the WSJ story reported.

SumZero, which has roughly 7,500 members, is the world’s largest community of hedge fund, mutual fund, and private equity professionals. It is a selective network, with 75 percent of all who apply being rejected.

SumZero, which permits users to follow each other’s activity, requires members to habitually offer trading ideas to the network. Those who don’t do are no longer admitted to the database, the Journal reported.





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