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Posts Tagged ‘Robert Tillman’

The German financial system wanted to consume low-quality American assets, but did not want to look on what it was eating. German banks have written down about US$25 billion in securities derived from low-quality (“subprime”) American mortgages, and doubtless will lose a great deal more.

Read the complete Asia Times article here:

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It was bound to happen. The Web 2.0 community have long been all open and for sharing of information. That was until today, when face book banned Google Friends connect to harvest information and share from FaceBook.

Here is one of the seven paragraphs they posted as a response to this shift: “Now that Google has launched Friend Connect, we’ve had a chance to evaluate the technology. We’ve found that it redistributes user information from Facebook to other developers without users’ knowledge, which doesn’t respect the privacy standards our users have come to expect and is a violation of our Terms of Service.”

This is only natural, the integrity of the individual must come first – even if information is free – the risk for backlashes is far to greater then the service enablement. I am sure that this is just a beggining of what to come.

To read more, click here

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