Facebook to Update Privacy; Apple iOS 11.3 Features; Bitcoin & Real EstatePosted: January 24, 2018
Facebook will roll out a global privacy settings hub later this hear. Techcrunch.com says. The social media giant claims it will put core privacy settings on FB in one place and make it much easier for people to manage their data. This has been expected due to their need to support the General Data Protection Regulation…or face penalties. Those standards go into effect for the European Union starting May 25th. Fines can reach 4%, which would be over a billion dollars based on 2016 revenue…so we can anticipate compliance!
Apple will roll out iOS 11.3 this spring, with controls to allow you to undo throttling of older iPhones to save battery life, new Animoji, and health record access. Macrumors.com reports that the new Animoji include a lion, bear, dragon, and skull, bringing the total to 16. Apple is expanding the Health App, and you will be able to view available medical data from providers who are participating including Johns Hopkins and Cedars-Sinai. That data is encrypted, and will be protected by a passcode. In addition to removing processor throttling to save battery on older iPhones, the updated software will give more info about the health of a device’s battery, including a recommendation that the battery be serviced (translation: replaced.)
In Bitcoin news, real estate has become a hot market. It may seem crazy to trade in the cryptocurrency with transactions involving pricey real estate, but properties are for sale and changing hands in the US, Canada, and Australia now using it. In fact, according to Mashable.com, At the end of 2017 a Miami condo reportedly sold for 17.7 bitcoin and actual cryptocurrency was exchanged between the buyer and seller. Not just bitcoin converted into cash, which is the more popular way to use the coin. Meanwhile, at the lower end, online payments company Stripe is dropping Bitcoin as a payment option effective April 23rd. They say it’s just too expensive for small transactions. Mining fees spiked at $37 per purchase in December.