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Facebook Sold User Info To Netflix for $100 Million

Facebook Sold User Info To Netflix for $100 Million

FromEarn Your Leisure


Facebook Sold User Info To Netflix for $100 Million

FromEarn Your Leisure

ratings:
Length:
12 minutes
Released:
Apr 18, 2024
Format:
Podcast episode

Description

In this explosive clip of Market Mondays, hosts Rashad Bilal, Ian Dunlap, and Troy Millings dive into the allegations of a secret agreement between Netflix and Facebook. This controversial deal allegedly allowed Netflix to access private user conversations from Facebook's Messenger for a hefty sum. The hosts dissect the lawsuit details, how it prompted Facebook to axe its Watch feature, and the broader implications for data privacy and competition in tech.They don't just stop there – the conversation gets heated as the trio discusses how the case is a stark reminder that in the digital age, personal data is oftentimes traded as a commodity. The sheer value of data is equated to the new oil, with comparisons drawn to TSA and companies like Clear collecting biometric data.As the discussion shifts back to business, our hosts use the case to emphasize the power of strategic partnerships and advertising, highlighting how important it is for entrepreneurs to utilize data legally and ethically to boost their endeavors. They also provide a candid take on the media ecosystem, giving insights into how the situation might or might not impact the stock valuations for big tech companies like Meta (formerly Facebook) and streaming giant Netflix.Through their banter, the hosts never lose focus on the important role privacy plays in the digital economy. They conclude by offering actionable insights into what this means for investors and businesses going forward.Don't miss out on this engaging conversation that's as educational as it is entertaining. Tune into the full episode and make sure you're up to speed on how tech giants could be leveraging data behind the scenes.#MarketMondays #Netflix #Facebook #PrivacyLawsuit #DataPrivacy #BigTech #TechNews #Advertising #DataCommodity #Investing #StockMarket #MediaDynasty #StrategicPartnerships #TechStocks #IanDunlap #RashadBilal #TroyMillings #BusinessEthics #DigitalEconomy #EntrepreneurshipRemember to LIKE, COMMENT, and SUBSCRIBE for more insights and analysis on market trends from Market Mondays. Stay connected to stay informed!---Market Mondays is the go-to source for all things stocks, business, and tech. Join Rashad Bilal, Ian Dunlap, and Troy Millings as they break down complex industry news into understandable and actionable insights. Equip yourself with knowledge straight from the experts and take control of your financial future today.Our Sponsors:* Check out undefined: monarchmoney.com/LEISUREAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Released:
Apr 18, 2024
Format:
Podcast episode

Titles in the series (100)

Welcome to The Earn Your Leisure Podcast. Rashad Bilal and Troy Millings will be your host. Earn Your Leisure will be giving you behind the scenes financial views into the entertainment and sports industries as well as highlighting back stories of entrepreneurs. We will also be breaking down business models and examining the latest trends in finance. Earn Your Leisure is a college business class mixed with pop culture. We blend the two together for a unique and exciting look into the world of business. Let’s go!! #earnyourleisurepodcast Support this podcast: https://anchor.fm/earnyourleisure/support