Facebook was scared shitless and knew that for first time in its life it arguably had a competitor that could not only eat its lunch, but also destroy its future prospects. Why? Because Facebook is essentially about photos, and Instagram had found and attacked Facebook’s achilles heel — mobile photo sharing.

Om Malik

Google, Facebook oppose "do not track"

Ars is reporting that a group of companies including Google, Facebook and members of the Computer and Telecommunications Industry Association (CTIA) wrote a letter to  the California legislature.

To borrow a line from Hamlets mother, theres a distinct the-lady-doth-protest-too-much quality to this letter—a summoning of everything in the rhetorical kitchen sink that might scare California politicians away from the bill.

I think that fear, uncertainty and doubt is precisely the aim of that letter.  These companies are afraid of losing their ability to collect and harvest our personal data — our online lives — for profit.

via The Brooks Review

Social Media and Network Security: Balancing Threats and Benefits

http://www.readwriteweb.com/archives/social_media_and_network_security_balanc...

“IT departments are stuck in an old world. In the old world, if an application has a business use, then it’s safe and you allow it. If it doesn’t have a business use, then it’s a threat and you block it. That black and white world is gone. Facebook has business uses, but it also poses threats.”