A scam artist isn’t the only one seeking your Personal Financial information, observed Grumpy Editor.
Facebook is, too.
The Wall Street Journal revealed that Facebook “has asked large U.S. banks to share detailed information about their customers, including card transactions and checking account balances.”
The reason? To offer new services to Facebook users.
The WSJ noted three major banks were approached by Facebook but “one large bank pulled away from the talks due to privacy concerns.”
The social media giant told the banks that customer information could be used to offer services that might entice users to spend more time on Facebook Messenger, added the WSJ.
Facebook Messenger has 1.3 billion monthly active users.
IN CASE YOUR FAVORITE NEWS OUTLETS MISSED THESE…
NEWSPAPER EDITORIALS TO ZERO IN ON PRESIDENT. Look for scores of coordinated newspaper editorials across the country on Aug. 16 in response to President Donald Trump’s comments on not being covered fairly by media along with his use of “fake news.”
BANKS TIGHTEN HOME LOANS. One key reason home sales are off since the second quarter is because banks tightened lending standards along with credit card applications, according to the Federal Reserve which surveyed loan officers at domestic and foreign banks in late June and early July.
BITTER TASTE IN MOUTH. When a gang of would-be gasoline thieves in Australia tried to siphon fuel from a tourist bus, they tapped the onboard sewage tank instead.
MAGAZINES UP FOR SALE. Condé Nast, with the New Yorker, Vanity Fair and Vogue magazines in the family, has put other titles --- Brides, Golf Digest and W --- on the market.
OSCARS TELECAST TO TIGHTEN. Look for a “tighter” and faster-paced Academy Awards next year. Certain categories will be eliminated to keep the Oscars live telecast at three hours next Feb. 24.
BURGER OUTLET SET FOR ARMY BASE. Joint Base Lewis-McChord near Washington will be the first military installation to host Wahlburgers, a casual burger restaurant opening in spring 2020, reported Stars and Stripes.
SAMSUNG BOOSTS AI OUTLAY. Samsung plans to invest about $22 billion over the next three years in artificial intelligence, 5G mobile tech, car components and biopharma.
AMAZON STARTS GROCERY PICKUP. Amazon is launching a grocery pickup service, where Prime subscribers order groceries online for pickup at Whole Foods stores, similar to what Kroger and Walmart already offer.
