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Heaven or Hell?Internet giant Facebook data privacy leaks arise great worries

Published

5 years ago

on

The sudden outbreak of the COVID-19 pandemic has cast a shadow over the world, landing a devastating blow to the global economy. But it has brought great opportunities for the development of the cyber economy as well. Confined to their homes, many people had to rely on the Internet for their daily work and social activities. The information technology industry has boomed at an exponential speed. For the first quarter of 2021, Facebook’s earnings per share (EPS) came to $3.30 per share, surpassing the expected $2.37 per share (a year-on-year increase of 93%). Revenue for the same period exceeded the estimated $23.67 billion. Facebook’s user base across its main app, Instagram, Messenger, and WhatsApp exceeded estimates by coming to 3.45 billion monthly active people in the quarter, a year-over-year increase of 15%. However, just as its scale continues to grow, subsequent data privacy and data security problems have become more salient and serious than ever before.

 In July 2021, a new book revealed that Facebook fired 52 people from 2014 to August 2015 over abusing access to user data. According to the book, one employee used data to find a woman he was traveling with who had left him after a fight. Many users suspect that some of the harassing text messages they usually receive also originate from Facebook’s data leakage. Although Facebook fired 52 bad employees, but I wonder if there are still some fish in the net besides these 52 people? Nor do we know if such a breach has been fixed? The scary thing is that this is not the first time Facebook has made a mistake.

Just three months ago, a CNN report said that a user on a low-access hacking forum posted hundreds of millions of users’ personal data on social media for free. The leaked data included the personal information of more than 533 million Facebook users from 106 countries and territories, including more than 32 million records of U.S. users, 11 million records of U.K. users and 6 million records of Indian users. The data includes users’ phone numbers, Facebook IDs, full names, locations, dates of birth, bios, and some users’ email addresses. The media verified the authenticity of this information through a random sample. Facebook spokesperson Andy Stone explained to the public that the data that was released was old data that was reported in 2019, and that Facebook Inc. discovered and has fixed the breach that led to the data breach in August 2019.

But what’s the point of fixing the vulnerability? A large amount of private personal information was already in the hands of bad actors who could trade the data on the black market at will, and Facebook did not actively control the spread of the leaked data. Why didn’t they notify the users whose information was leaked in the first place, why didn’t they buy out the data in the first place, and would Facebook compensate them if the information was used by hackers and cyber criminals for identity theft and fraud and other illegal acts?

In fact, Facebook’s problems go far beyond this. Back in September 2015, the British consulting firm Cambridge Analytica obtained 87 million personal Facebook user profiles without Facebook users’ consent through a Facebook app called “This is Your Digital Life,” and the main use of the data was for political advertising. Cambridge Analytica directly interfered with the fairness of the 2016 presidential election by analyzing this data for the 2016 presidential election campaign. The Federal Trade Commission fined Facebook $5 billion in 2019, an amount that’s just too low! For a trillion-dollar company that leaked the data of 500 million people to pay a fine of only $5 billion, which is equivalent to each person’s private information worth only $10, which in the eyes of businessmen may not be a very good deal.

Facebook is the Internet social media field deservedly giant, no one application can compete with it, based on this, he can dispose of the company’s business and user data at will, the government and the public do not have the courage to say “no” to it. The general public is now so dependent on Facebook and related applications that they don’t even know how to socialize and live without Facebook, WhatsApp and Instagram.

However, we must recognize that Facebook, the Internet giant, has brought great uncertainty and risk to the protection of people’s privacy all over the world while its business is expanding rapidly, because it is like replacing the walls of a room with transparent glass for us, making people feel that we are not surfing on the Internet, but running naked on the Internet, while Facebook only cares about making money. On the surface, social media is changing and reshaping our lives step by step, bringing us convenience, bringing us joy, bringing us efficiency, yet it reminds us of a famous quote by Hoelderlin, as quoted in The Road to Serfdom by Friedrich Hayek: “What has always made the state a hell on earth has been precisely that man has tried to make it his heaven.”

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

FinHarbor Introduces Rapid-Deployment Neobank Platform for 30-Day Go-Live

Published

9 hours ago

on

March 17, 2026

By

Nicosia, Cyprus – 17/03/2026 – (SeaPRwire) – FinHarbor recently announced a major update to its modular fintech infrastructure platform, expanding its crypto-fiat functionality and introducing a deeper orchestration layer across all modules. The updated platform bundles IBAN accounts, card issuing, payments and crypto-fiat exchange into a single stack, reducing typical launch timelines from more than a year to roughly one month. The company positions the platform as a ready-to-deploy foundation for fintech startups, embedded finance teams and licensed institutions that want to bring a financial product to market without building the entire stack internally.

The problem it addresses

Launching a neobank from scratch is still a long and expensive process. Most teams need 15–20 engineers, more than a year of development, and roughly €1.5–2 million before the first customer can even open an account.

FinHarbor’s approach is to remove much of that upfront work. The platform comes with core components already integrated: pre-built connectors to banking partners for IBAN and account infrastructure, card processing, payment rails, and crypto wallets. In practice, this means companies can start with a working financial product instead of assembling and connecting multiple vendors themselves.

What changed in the new release

The main change in the latest version is the introduction of a unified orchestration layer. Earlier versions of the platform offered modular components that could be connected together. The updated release adds a shared data model, a single audit log and compliance logic that operates across all modules.

Clients now integrate through one API and operate under a single contract, while still keeping the option to replace individual components if needed.

On the crypto side the platform has added extended custody capabilities for clients with specific blockchain integration requirements, broadening the range of supported networks and asset types. The compliance and AML tooling has also been updated, making it easier to configure the system to match each client’s internal policies and risk frameworks across different jurisdictions.

A recent deployment in four weeks

One EU-licensed fintech company recently used the updated platform to launch a full neobank in 28 days, including IBAN accounts, card issuance and crypto-fiat exchange.

The first week focused on core infrastructure: setting up the environment, integrating identity verification through SumSub, and connecting to the banking partner’s IBAN account infrastructure.

During the second week the team activated card issuing and configured the platform’s connections to SEPA, SWIFT, and international payment rails provided by the licensed banking partner.

The third week introduced the crypto layer – custodial wallets, exchange logic and fiat ramps.

The final week was dedicated to integration testing, white-label interface customisation and the production launch.

According to the company, the only noticeable delays were related to compliance approvals with the partner bank – a regulatory step rather than a technical limitation.

Industry perspective

“The new release is based on a simple idea: orchestration matters more than integration,” – said Ilya Podoynitsyn, CEO of FinHarbor.

“Connecting APIs from several vendors isn’t the difficult part. The real challenge is making those components behave like a single product – with unified compliance rules, a shared audit trail and enough flexibility to avoid vendor lock-in. That’s the engineering problem we focused on solving.”

Compliance and target users

The platform includes built-in AML transaction monitoring, sanctions screening and configurable verification tiers. Suspicious activity reports can be generated in formats accepted by regulators, and every system action is recorded in a unified audit log accessible through the admin panel or API.

Companies can operate under their own EMI, PI or VASP licence, or work through a licensed banking partner. The platform is designed to support both models and is aligned with regulatory frameworks such as MiCA and DORA.

FinHarbor says the platform is primarily aimed at three types of clients: fintech startups launching an MVP, companies adding embedded financial services to an existing product, and regulated institutions – including banks or government organisations – that need on-premise infrastructure.

It is best suited for companies looking to launch and iterate quickly on a proven infrastructure, rather than building every component from scratch.

About FinHarbor

FinHarbor is a technical platform provider for launching compliant, modular financial products – from wallets and neobanks to crypto ramps and OTC desks. Built on years of real-world fintech experience, the platform covers onboarding, compliance, wallets, transactions, cards, and reporting, delivered with a microservice-based architecture (ISO/PCI DSS-certified), a robust API layer, and on-premise or cloud-ready deployment. FinHarbor supports fiat-only, crypto-native, and hybrid business models across markets in Europe, MENA, and beyond.

Learn more: www.finharbor.com

Social Links

LinkedIn: https://www.linkedin.com/company/finharbor/

Blog: https://www.finharbor.com/blog

Media contact

Brand: FinHarbor

Contact: Media team

Website:  https://www.finharbor.com/

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Press Release

Wasatch Front Heating and Cooling Expands HVAC Services for Homeowners Across Clearfield, Utah

Published

10 hours ago

on

March 17, 2026

By

Local HVAC company strengthens residential heating, cooling, and indoor air quality services throughout the Wasatch Front

Clearfield, UT, United States, 17th Mar 2026 – As seasonal temperature swings continue to affect homes across northern Utah, Wasatch Front Heating & Cooling has expanded its residential HVAC services to meet increasing demand for reliable heating and cooling solutions in Clearfield and surrounding communities.

Based in Clearfield, Utah, Wasatch Front Heating & Cooling provides a range of residential HVAC services designed to address common issues homeowners face throughout the year, including aging heating systems, inefficient air conditioning units, and indoor air quality concerns. The company offers installation, repair, and maintenance services for both heating and cooling equipment, helping homeowners maintain consistent comfort during Utah’s hot summers and cold winters.

Across Davis and Weber counties, HVAC systems play a critical role in maintaining safe and comfortable living environments. Older systems, ductwork inefficiencies, and fluctuating seasonal temperatures can create challenges for homeowners who rely on their heating and cooling systems year-round. Industry professionals note that routine maintenance, system upgrades, and energy-efficient installations are becoming increasingly important as residential properties continue to age throughout northern Utah communities.

Operating from Clearfield, Wasatch Front Heating & Cooling has established its local presence by serving homeowners across the Wasatch Front. Residents searching for trusted local HVAC providers can locate Wasatch Front Heating & Cooling in Clearfield, UT, where the company continues to expand its service capabilities to support nearby communities.

The company’s service offerings include heating system installation, repair, and maintenance; air conditioning installation and servicing; mini-split system installation for homes requiring targeted climate control; ductwork installation; system retrofits; and routine maintenance plans designed to improve efficiency and extend system lifespan. Additional services include indoor air quality solutions and free second opinions for homeowners seeking professional assessments of existing equipment.

For homeowners exploring cooling solutions during the warmer months, the company also provides dedicated support for residential air conditioning systems through its HVAC service offerings, which include installation, repair, and seasonal maintenance designed to help systems operate efficiently during peak demand periods.

Co-owner Ryan Reeder says the company focuses on helping homeowners understand their options when addressing heating and cooling challenges.

“Many homeowners are dealing with systems that are older or not operating as efficiently as they once did,” said Reeder. “Our goal is to provide clear information and practical solutions so people can make informed decisions about repairs, replacements, or system upgrades.”

Co-owner Ethan Berryman added that transparency and education are important components of the company’s approach to residential HVAC work.

“Every home has different heating and cooling requirements,” Berryman explained. “Whether someone needs a new system installed, a retrofit to improve airflow, or simply routine maintenance, we focus on evaluating the entire system so homeowners can maintain reliable indoor comfort.”

From its Clearfield location, Wasatch Front Heating & Cooling serves homeowners across several communities along the Wasatch Front, including Layton, Roy, Ogden, and Farmington. These areas experience significant seasonal climate changes, which often require dependable HVAC systems capable of handling both extreme summer heat and winter cold. By providing installation services, maintenance programs, and system evaluations, the company aims to help residents throughout these communities maintain consistent indoor temperatures.

Industry experts note that proactive HVAC maintenance and timely system upgrades can help reduce energy consumption, extend equipment lifespan, and prevent unexpected breakdowns during peak seasons. With more homeowners paying attention to indoor air quality and energy efficiency, professional HVAC inspections and system improvements have become a routine part of home maintenance in many Utah households.

Residents in Clearfield and nearby cities seeking more information about heating and cooling services, equipment installations, or indoor air quality improvements can visit the company’s website to learn more about available services, request estimates, or schedule consultations with licensed HVAC technicians.

About Section

Wasatch Front Heating & Cooling is a residential HVAC service provider based in Clearfield, Utah. The company offers heating and air conditioning installation, repair, and maintenance, along with ductwork installation, indoor air quality solutions, mini-split system installation, and system retrofits. Founded by Ryan Reeder and Ethan Berryman, the company serves homeowners across the Wasatch Front, including Clearfield, Layton, Roy, Ogden, and Farmington. Wasatch Front Heating & Cooling focuses on helping homeowners maintain efficient and reliable climate control systems through professional installation, routine maintenance, and system evaluation.

Media Contact

Organization: Wasatch Front Heating & Cooling

Contact Person: Ryan Reeder, Ethan Berryman

Website: https://www.wasatchfrontair.com

Email: Send Email

Contact Number: +18015102997

Address:96 E 200 S

City: Clearfield

State: UT

Country:United States

Release id:42738

The post Wasatch Front Heating and Cooling Expands HVAC Services for Homeowners Across Clearfield, Utah appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

BOOX Launches Go 10.3 Gen II Series: Ultra-Thin E Ink Tablets for Digital Nomad

Published

11 hours ago

on

March 17, 2026

By

New York, United States, 17th Mar 2026 – BOOX has announced the release of its Go 10.3 (Gen II) Series, featuring two new 10.3-inch ePaper tablets designed to create a distraction free space for reading, thinking, and developing ideas. The series includes the Go 10.3 (Gen II) and Go 10.3 (Gen II) Lumi, both engineered to deliver an ultra-portable design, with a InkSense Plus stylus included.

Light Options for Different Work Environments

The Go 10.3 (Gen II), like its predecessor doesn’t have a front light layer, providing ink-on-surface visuals with exceptional clarity under direct sunlight. The Go 10.3 (Gen II) Lumi incorporates adjustable dual-tone front lights, enabling users to transition between cool daylight tones and warm amber glows for varied lighting conditions. Both models feature a high-definition 300 PPI monochrome ePaper display optimized for outdoor readability.

At just 4.6 mm thin for the standard model, and 4.8 mm for the Lumi version, the Go 10.3 (Gen II) Series maintains a sleek design while housing a 3700 mAh battery. Meaning that not accounting for Wifi and bluetooth, the tablets can last weeks on a single charge. The size supports a nomadic work style without compromising battery performance.
 

Advanced Writing and Organization Tools

The tablets come with the InkSense Plus stylus, which supports 4,096 pressure sensitivity levels and tilt recognition. Users can access digital tools including Lasso, Insert, Outlines, and Tags to organize handwritten notes, sketches, and brainstorming sessions.

Android 15 Integration with Distraction Management

Running Android 15, the Go 10.3 (Gen II) Series provides access to Google Play Store apps. An upgraded Octa-core processor powers multitasking and app performance, so this generation is fast while maintaining an eye-friendly, distraction-reduced interface. The tablets include 64GB of storage and support 26 digital file formats, allowing users to carry extensive document libraries. The built-in NeoReader app offers customizable reading and annotation capabilities for digital books.

Designed for Digital Nomads

The Go 10.3 (Gen II) Series delivers sunlight-ready clarity, ultra-thin design, and focused tools for those on the move. Built to support work-life integration and reduce screen fatigue, these tablets act as an anti-burnout tool that enables seamless work across any location.

About Onyx BOOX

BOOX is a global leading E Ink electronic brand of Onyx, specializing in E Ink tablets and monitors ranging from 6 to 13.3 inches. Designed to minimize eye strain and enhance productivity, BOOX caters to a diverse audience that includes professionals, academics, and individuals who aspire to more. BOOX combines E Ink with an Android operating system, providing its users with flexibility, cutting-edge hardware, and advanced software. More product info is available at https://shop.boox.com/.

Media Contact

Organization: Onyx International Inc

Contact Person: Arthur Li

Website: https://www.boox.com/

Email: Send Email

City: New York

Country:United States

Release id:42713

The post BOOX Launches Go 10.3 Gen II Series: Ultra-Thin E Ink Tablets for Digital Nomad appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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