Facebook admits to another privacy snafu, the iPhone gets smarter and Verizon will have a new CEO. All that and more in The Daily Crunch for June 8. 1. Facebook alerts 14M to privacy bug that changed status composer to public It's another embarrassing privacy screwup for Facebook, with the company revealing that a bug in May accidentally changed the suggested privacy setting for status updates to public. The company is now notifying 14 million users that they may want to go back through their status updates and make them more private if necessary. "To be clear, this bug did not impact anything people had posted before – and they could still choose their audience just as they always have," said Chief Privacy Officer Erin Egin. "We'd like to apologize for this mistake." 2. Apple introduces the AI phone TechCrunch's Sarah Perez argues that through a series of Siri enhancements and features, Apple is turning its iPhone into a highly personalized device, powered by its Siri AI. It's your same old iPhone, running a new mobile OS, but it will understand where you are, what you're doing and what you need to know right then and there. 3. Hans Vestberg to take over as Verizon's CEO in August Vestberg joined Verizon (which owns TechCrunch) a year ago. He was previously the chief executive of Ericsson, until his ouster in July 2016. Current CEO Lowell McAdam will remain involved as executive chairman through the end of 2018, and then as non-executive chairman afterwards. 4. Bad things happen when you train AI using 'the darkest corners of Reddit' Norman, who naturally gets his name from the guest-murdering proprietor of the Bates Motel, is the "world's first psychopath AI," according to its creators at MIT. 5. Facebook launches Fb.gg gaming video hub to compete with Twitch This will be a destination where viewers can find a collection of all the video games streaming on Facebook. 6. J.J. Abrams and Tencent combine to form Bad Robot Games Designers, visual artists and writers from Bad Robot will collaborate with developers, aiming at all game markets: PC, console and mobile. Tencent will presumably provide funding and clout, in exchange for commercial rights to distribution of resulting titles. 7. Alibaba's Ant Financial fintech affiliate raises $14 billion to continue its global expansion Ant Financial operates the Alipay mobile payment service. Alibaba itself doesn't invest in Ant, which it span off shortly before its mega-IPO in the U.S. in 2014, but the company did recently take up an option to own 33 percent of Ant's shares. |
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