Tag Archive | "Than"

50 Million Google+ Accounts Compromised in Latest Data Breach, Platform to Shut Down Earlier Than Planned

The discovery of another privacy flaw has pushed Google to shut down Google+ much earlier than expected.

Google announced on December 10 that it had discovered a security issue that potentially left more than 50 million accounts vulnerable in November. The revelation came shortly on the heels of a previous admission that a security lapse in March also affected thousands of users. Because of this, the company says Google+ will be shut down by April 2019.

Google initially planned to sunset the platform by August 2019. The company made the announcement to close its Google+ network in October, after it admitted that an earlier breach affected 500,000 users.

The latest bug was said to have been inadvertently created by a software patch that Google developed last month. It reportedly gave third-party apps access to account users’ profile data and exposed even information that wasn’t made public. It took the company six days to notice it and find a solution.

In a blog post, Google’s Vice President of Product Management, David Thacker, shared that “No third party compromised our systems, and we have no evidence that the app developers that inadvertently had this access for six days were aware of it or misused it in any way.”

However, the bug made it possible for apps where users willingly shared their Google+ data to also access their friends’ profile or those of people who shared data with them. Google gave assurances though that it did not expose any passwords, financial data, or other sensitive details that could be used in identity theft.

The Alphabet-owned company had also suffered a security breach in March. That particular bug placed tens of thousands of users’ personal information at risk. The company waited half a year before it admitted to regulators and the public that there was a problem. The breach happened around the time Facebook was embroiled in the Cambridge Analytica controversy. Reports stated that Google delayed revealing the problem partly to avoid regulators from scrutinizing the company.

The admission that there was another security issue couldn’t have come at a worse time for the company. Google’s CEO, Sundar Pichai, was set to appear before the House Judiciary Committee on December 11 to be grilled about the company’s data practices.

Google+ will be shutting down all its APIs for developers within three months. However, the platform’s enterprise version will remain functional. Google also acknowledged on Monday that Google+ had a low number of users and that there were major obstacles to turning it into a successful product.

[Featured image via Google]

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Why Stress Might Be More Useful than You Think: December’s Selection for the Copyblogger Book Club

It’s book club time again! Over in Copyblogger’s Killers and Poets Facebook Group, we like to get together and discuss…

The post Why Stress Might Be More Useful than You Think: December’s Selection for the Copyblogger Book Club appeared first on Copyblogger.


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How We More than Doubled Conversions & Leads for a New ICO [Case Study]

Posted by jkuria

Summary

We helped Repux generate 253% more leads, nearly 100% more token sales and millions of dollars in incremental revenue during their initial coin offering (ICO) by using our CRO expertise.

The optimized site also helped them get meetings with some of the biggest names in the venture capital community — a big feat for a Poland-based team without the pedigree typically required (no MIT, Stanford, Ivy League, Google, Facebook, Amazon, Microsoft background).

The details:

Repux is a marketplace that lets small and medium businesses sell anonymized data to developers. The developers use the data to build “artificially intelligent” apps, which they then sell back to businesses. Business owners and managers use the apps to make better business decisions.

Below is the original page, which linked to a dense whitepaper. We don’t know who decided that an ICO requires a long, dry whitepaper, but this seems to be the norm!

A screenshot of a cell phone</p>
<p>Description generated with very high confidence

This page above suffers from several issues:

  • The headline is pretty meaningless (“Decentralized Data & Applications Protocol for SMEs). Remember, as David Ogilvy noted, 90% of the success of an ad (in our case, a landing page) is determined by the headline. Visitors quickly scan the headline and if it doesn’t hold their interest, bounce immediately. With so much content on the web, attention is scarce — the average time spent on a page is a few seconds and the average bounce rate is about 85%.
  • The call to action is “Get Whitelisted,” which is also meaningless. What’s in it for me? Why should I want to “Get Whitelisted”?
  • A lack of urgency to act. There is a compelling reason to do so, but it was not being clearly articulated (“Get 50% OFF on the tokens if you buy before a certain date.”)
  • Lack of “evidentials”: Evidentials are elements that lend credibility or reduce anxiety and include things like mentions in trusted publications, well-known investors or advisors, industry seals, association affiliations, specific numbers (e.g. 99% Net Promoter Score), and so on.
  • Too much jargon and arcane technical language: Our research using Mouseflow’s on-page feedback feature showed that the non-accredited-investor ICO audience isn’t sophisticated. They typically reside outside of the US and have a limited command of English. Most are younger men (18–35) who made money from speculative activities on the Internet (affiliate marketing, Adsense arbitrage, and of course other crypto-currencies). When we surveyed them, many did not initially understand the concept. In our winning page (below), we dumbed down things a lot!

Below is the new page that produced a 253% gain in leads (email opt-ins). Coupled with the email follow-up sequence shown below, it produced a nearly 100% gain in token sales.

Winning page (above the fold):

Here are few of the elements that we believe made a difference:

  • Much clearer headline (which we improved upon further in a subsequent treatment).
  • Simple explanation of what the company is doing
  • Urgency to buy now — get 50% off on tokens if you buy before the countdown timer expires
  • Solicited and used press mentions
  • Social proof from the Economist; tapping a meme can be powerful as it’s always easier to swim downstream than upstream. “Data is the new oil” is a current meme.

More persuasive elements (below the fold):

In the second span (the next screenful below the fold) we added a few more persuasive elements.

For one, we highlighted key Repux accomplishments and included bios of two advisors who are well known in the crypto-community.

Having a working platform was an important differentiator because only one in 10 ICOs had a working product. Most launched with just a whitepaper!

A survey of the token buyers showed that mentioning well-known advisors worked — several respondents said it was the decisive factor in persuading them to buy. Before, the advisors were buried in a little-visited page. We featured them more prominently.

Interestingly, this seemed to cut both ways. One of the non-contributors said he was initially interested because of a certain advisor’s involvement. He later chose not to contribute because he felt this advisor’s other flagship project had been mismanaged!

We also used 3 concrete examples to show how the marketplace functions and how the tokens would be used:

When your product is highly abstract and technical, using concrete examples aids understanding. We also found this to be true when pitching to professional investors. They often asked, “Can you give me an example of how this would work in the real world?”

We like long-form pages because unlike a live selling situation, there’s no opportunity for a back-and-forth conversation. The page must therefore overcorrect and address every objection a web visitor might have.

Lastly, we explained why Repux is likely to succeed. We quoted Victor Hugo for good measure, to create an air of inevitability:

How much impact did Victor Hugo have? I don’t know, but the page did much better overall. Our experience shows that radical redesigns (that change many page elements at the same time) produce higher conversion lifts.

Once you attain a large lift, if you like, you can then do isolation testing of specific variables to determine how much each change contributed.

13% lift: Simplified alternate page

The page below led to a further 13% lift.

The key elements we changed were:

  • Simplified the headline even further: “Repux Monetizes Data from Millions of Small Enterprises.” What was previously the headline is now stated in the bullet points.
  • Added a “5 Reasons Why Repux is Likely to Succeed” section: When you number things, visitors are more likely to engage with the content. They may not read all the text but will at least skim over the numbered sub-headlines to learn what all the points are — just like power abhors a vacuum, the mind can’t seem to stand incompleteness!

We’ve seen this in Mouseflow heatmaps. You can do this test yourself: List a bunch of bullet points versus a numbered list and with a compelling headline: The 7 Reasons Why 20,0000 Doctors Recommend Product X or The 3 Key Things You Need to Know to Make an Informed Decision.

C:\Users\jkuri\AppData\Local\Temp\SNAGHTML26c90c7c.PNG

Follow-up email sequence

We also created a follow-up email sequence for Repux that led to more token sales.

C:\Users\jkuri\AppData\Local\Temp\SNAGHTML4824f99e.PNG

As you can see, the average open rate is north of 40%, and the goal attained (token sales) is above 8%. According to Mailchimp, the average email marketing campaign open rate is about 20%, while the average CTR is about 3%.

We got more sales than most people get clicks. Here’s a link to three sample emails we sent.

Our emails are effective because:

  • They’re educational (versus pure sales pitch). This is also important to avoid “burning out” your list. If all you do is send pitch after pitch, soon you’ll be lucky to get a 1.3% open rate!
  • They employ storytelling. We use a technique known as the “Soap Opera Sequence.” Each email creates anticipation for the next one and also refers to some interesting fact in previous ones. If a person would only have opened one email, they are now likely to want to open future ones as well as look up older ones to “solve the puzzle.” This leads to higher open rates for the entire sequence, and more sales.
  • The calls to action are closer to the bottom, having first built up some value. Counterintuitively, this works better, but you should always test radically different approaches.

Email is a massively underutilized medium. Most businesses are sitting on goldmines (their email list) without realizing it! You can — and should — make at least 2x to 3x as many sales from your email list as you do from direct website sales.

It takes a lot of work to write an effective sequence, but once you do you can run it on autopilot for years, making money hand over fist. As customer acquisition gets ever more competitive and expensive, how well you monetize your list can make the difference between success and failure.

Conclusion

To increase the conversion rate on your website and get more sales, leads, or app downloads, follow these simple steps:

  • Put in the work to understand why the non-converting visitors are leaving and then systematically address their specific objections. This is what “research-driven” optimization means, as opposed to redesign based purely aesthetic appeal or “best practices.”
  • Find out why the converting visitors took the desired action — and then accentuate these things.
  • Capture emails and use a follow-up sequence to educate and tell stories to those who were not convinced by the website. Done correctly, this can produce 2x to 3x as many sales as the website.

Simple, but not easy. It takes diligence and discipline to do these things well. But if you do, you will be richly rewarded!

And if you’d like to learn more about conversion rate optimization or review additional case studies, we encourage you to take our free course.

Thanks to Jon Powell, Hayk Saakian, Vlad Mkrtumyan, and Nick Jordan for reading drafts of this post.

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Srinivas Rao: The Story Behind The Unmistakable Creative Podcast And Why Being Creative Matters More Than Ever

 [ Download MP3 | Transcript | iTunes | Soundcloud | Raw RSS ] Srinivas Rao (Srini) begins this podcast by sharing a story from a decade ago where he borrowed money to sign up for my Blog Mastermind course back when it was first released. In one of the lessons, I gave the task […]

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Better Than Basics: Custom-Tailoring Your SEO Approach (With Real-World Examples)

Posted by Laura.Lippay

Just like people, websites come in all shapes and sizes. They’re different ages, with different backgrounds, histories, motivations, and resources at hand. So when it comes to approaching SEO for a site, one-size-fits-all best practices are typically not the most effective way to go about it (also, you’re better than that).

An analogy might be if you were a fitness coach. You have three clients. One is a 105lb high school kid who wants to beef up a little. One is a 65-year-old librarian who wants better heart health. One is a heavyweight lumberjack who’s working to be the world’s top springboard chopper. Would you consider giving each of them the same diet and workout routine? Probably not. You’re probably going to:

  1. Learn all you can about their current diet, health, and fitness situations.
  2. Come up with the best approach and the best tactics for each situation.
  3. Test your way into it and optimize, as you learn what works and what doesn’t.

In SEO, consider how your priorities might be different if you saw similar symptoms — let’s say problems ranking anything on the first page — for:

  1. New sites vs existing sites
  2. New content vs older content
  3. Enterprise vs small biz
  4. Local vs global
  5. Type of market — for example, a news site, e-commerce site, photo pinning, or a parenting community

A new site might need more sweat equity or have previous domain spam issues, while an older site might have years of technical mess to clean up. New content may need the right promotional touch while old content might just simply be stale. The approach for enterprise is often, at its core, about getting different parts of the organization to work together on things they don’t normally do, while the approach for small biz is usually more scrappy and entrepreneurial.

With the lack of trust in SEO today, people want to know if you can actually help them and how. Getting to know the client or project intimately and proposing custom solutions shows that you took the time to get to know the details and can suggest an effective way forward. And let’s not forget that your SEO game plan isn’t just important for the success of the client — it’s important for building your own successes, trust, and reputation in this niche industry.

How to customize an approach for a proposal

Do: Listen first

Begin by asking questions. Learn as much as you can about the situation at hand, the history, the competition, resources, budget, timeline, etc. Maybe even sleep on it and ask more questions before you provide a proposal for your approach.

Consider the fitness trainer analogy again. Now that you’ve asked questions, you know that the high school kid is already at the gym on a regular basis and is overeating junk food in his attempt to beef up. The librarian has been on a low-salt paleo diet since her heart attack a few years ago, and knows she knows she needs to exercise but refuses to set foot in a gym. The lumberjack is simply a couch potato.

Now that you know more, you can really tailor a proposed approach that might appeal to your potential client and allow you and the client to see how you might reach some initial successes.

Do: Understand business priorities.

What will fly? What won’t fly? What can we push for and what’s off the table? Even if you feel strongly about particular tactics, if you can’t shape your work within a client’s business priorities you may have no client at all.

Real-world example:

Site A wanted to see how well they could rank against their biggest content-heavy SERP competitors like Wikipedia but wanted to keep a sleek, content-light experience. Big-brand SEO vendors working for Site A pushed general, content-heavy SEO best practices. Because Site A wanted solutions that fit into their current workload along with a sleek, content-light experience, they pushed back.

The vendors couldn’t keep the client because they weren’t willing to get into the clients workload groove and go beyond general best practices. They didn’t listen to and work within the client’s specific business objectives.

Site A hired internal SEO resources and tested into an amount of content that they were comfortable with, in sync with technical optimization and promotional SEO tactics, and saw rankings slowly improve. Wikipedia and the other content-heavy sites are still sometimes outranking Site A, but Site A is now a stronger page one competitor, driving more traffic and leads, and can make the decision from here whether it’s worth it to continue to stay content-light or ramp up even more to get top 3 rankings more often.

The vendors weren’t necessarily incorrect in suggesting going content-heavy for the purpose of competitive ranking, but they weren’t willing to find the middle ground to test into light content first, and they lost a big brand client. At its current state, Site A could ramp up content even more, but gobs of text doesn’t fit the sleek brand image and it’s not proven that it would be worth the engineering maintenance costs for that particular site — a very practical, “not everything in SEO is most important all the time” approach.

Do: Find the momentum

It’s easiest to inject SEO where there’s already momentum into a business running full-speed ahead. Are there any opportunities to latch onto an effort that’s just getting underway? This may be more important than your typical best practice priorities.

Real-world example:

Brand X had 12–20 properties (websites) at any given time, but their small SEO team could only manage about 3 at a time. Therefore the SEO team had to occasionally assess which properties they would be working with. Properties were chosen based on:

  1. Which ones have the biggest need or opportunities?
  2. Which ones have resources that they’re willing to dedicate?
  3. Which ones are company priorities?

#2 was important. Without it, the idea that one of the properties might have the biggest search traffic opportunity didn’t matter if they had no resources to dedicate to implement the SEO team’s recommendations.

Similarly, in the first example above, the vendors weren’t able to go with the client’s workflow and lost the client. Make sure you’re able to identify which wheels are moving that you can take advantage of now, in order to get things done. There may be some tactics that will have higher impact, but if the client isn’t ready or willing to do them right now, you’re pushing a boulder uphill.

Do: Understand the competitive landscape

What is this site up against? What is the realistic chance they can compete? Knowing what the competitive landscape looks like, how will that influence your approach?

Real-world example:

Site B has a section of pages competing against old, strong, well-known, content-heavy, link-rich sites. Since it’s a new site section, almost everything needs to be done for Site B — technical optimization, building content, promotion, and generating links. However, the nature of this competitive landscape shows us that being first to publish might be important here. Site B’s competitors oftentimes have content out weeks if not months before the actual content brand owner (Site B). How? By staying on top of Site B’s press releases. The competitors created landing pages immediately after Site B put out a press release, while Site B didn’t have a landing page until the product actually launched. Once this was realized, being first to publish became an important factor. And because Site B is an enterprise site, and changing that process takes time internally, other technical and content optimization for the page templates happened concurrently, so that there was at least the minimal technical optimization and content on these pages by the time the process for first-publishing was shaped.

Site B is now generating product landing pages at the time of press release, with links to the landing pages in those press releases that are picked up by news outlets, giving Site B the first page and the first links, and this is generating more links than their top competitor in the first 7 days 80% of the time.

Site B didn’t audit the site and suggest tactics by simply checking off a list of technical optimizations prioritized by an SEO tool or ranking factors, but instead took a more calculated approach based on what’s happening in the competitive landscape, combined with the top prioritized technical and content optimizations. Optimizing the site itself without understanding the competitive landscape in this case would be leaving the competitors, who also have optimized sites with a lot of content, a leg up because they were cited (linked to) and picked up by Google first.

Do: Ask what has worked and hasn’t worked before

Asking this question can be very informative and help to drill down on areas that might be a more effective use of time. If the site has been around for a while, and especially if they already have an SEO working with them, try to find out what they’ve already done that has worked and that hasn’t worked to give you clues on what approaches might be successful or not..

General example:

Site C has hundreds, sometimes thousands of internal cross-links on their pages, very little unique text content, and doesn’t see as much movement for cross-linking projects as they do when adding unique text.

Site D knows from previous testing that generating more keyword-rich content on their landing pages hasn’t been as effective as implementing better cross-linking, especially since there is very little cross-linking now.

Therefore each of these sites should be prioritizing text and cross-linking tactics differently. Be sure to ask the client or potential client about previous tests or ranking successes and failures in order to learn what tactics may be more relevant for this site before you suggest and prioritize your own.

Do: Make sure you have data

Ask the client what they’re using to monitor performance. If they do not have the basics, suggest setting it up or fold that into your proposal as a first step. Define what data essentials you need to analyze the site by asking the client about their goals, walking through how to measure those goals with them, and then determining the tools and analytics setup you need. Those essentials might be something like:

  • Webmaster tools set up. I like to have at least Google and Bing, so I can compare across search engines to help determine if a spike or a drop is happening in both search engines, which might indicate that the cause is from something happening with the site, or in just one search engine, which might indicate that the cause is algo-related.
  • Organic search engine traffic. At the very least, you should be able to see organic search traffic by page type (ex: service pages versus product pages). At best, you can also filter by things like URL structure, country, date, referrers/source and be able to run regex queries for granularity.
  • User testing & focus groups. Optional, but useful if it’s available & can help prioritization. Has the site gathered any insights from users that could be helpful in deciding on and prioritizing SEO tactics? For example, focus groups on one site showed us that people were more likely to convert if they could see a certain type of content that wouldn’t have necessarily been a priority for SEO otherwise. If they’re more likely to convert, they’re less likely to bounce back to search results, so adding that previously lower-priority content could have double advantages for the site: higher conversions and lower bounce rate back to SERPs.

Don’t: Make empty promises.

Put simply, please, SEOs, do not blanket promise anything. Hopeful promises leads to SEOs being called snake oil salesmen. This is a real problem for all of us, and you can help turn it around.

Clients and managers will try to squeeze you until you break and give them a number or a promised rank. Don’t do it. This is like a new judoka asking the coach to promise they’ll make it to the Olympics if they sign up for the program. The level of success depends on what the judoka puts into it, what her competition looks like, what is her tenacity for courage, endurance, competition, resistance… You promise, she signs up, says “Oh, this takes work so I’m only going to come to practice on Saturdays,” and everybody loses.

Goals are great. Promises are trouble. Good contracts are imperative.

Here are some examples:

  • We will get you to page 1. No matter how successful you may have been in the past, every site, competitive landscape, and team behind the site is a different challenge. A promise of #1 rankings may be a selling point to get clients, but can you live up to it? What will happen to your reputation of not? This industry is small enough that word gets around when people are not doing right by their clients.
  • Rehashing vague stats. I recently watched a well-known agency tell a room full of SEOs: “The search result will provide in-line answers for 47% of your customer queries”. Obviously this isn’t going to be true for every SEO in the room, since different types of queries have different SERPS, and the SERP UI constantly changes, but how many of the people in that room went back to their companies and their clients and told them that? What happens to those SEOs if that doesn’t prove true?
  • We will increase traffic by n%. Remember, hopeful promises can lead to being called snake oil salesmen. If you can avoid performance promises, especially in the proposal process, by all means please do. Set well-informed goals rather than high-risk promises, and be conservative when you can. It always looks better to over-perform than to not reach a goal.
  • You will definitely see improvement. Honestly, I wouldn’t even promise this unless you would *for real* bet your life on it. You may see plenty of opportunities for optimization but you can’t be sure they’ll implement anything, they’ll implement things correctly, implementations will not get overwritten, competitors won’t step it up or new ones rise, or that the optimization opportunities you see will even work on this site.

Don’t: Use the same proposal for every situation at hand.

If your proposal is so vague that it might actually seem to apply to any site, then you really should consider taking a deeper look at each situation at hand before you propose.

Would you want your doctor to prescribe the same thing for your (not yet known) pregnancy as the next person’s (not yet known) fungal blood infection, when you both just came in complaining of fatigue?

Do: Cover yourself in your contract

As a side note for consultants, this is a clause I include in my contract with clients for protection against being sued if clients aren’t happy with their results. It’s especially helpful for stubborn clients who don’t want to do the work and expect you to perform magic. Feel free to use it:

Consultant makes no warranty, express, implied or statutory, with respect to the services provided hereunder, including without limitation any implied warranty of reliability, usefulness, merchantability, fitness for a particular purpose, noninfringement, or those arising from the course of performance, dealing, usage or trade. By signing this agreement, you acknowledge that Consultant neither owns nor governs the actions of any search engine or the Customer’s full implementations of recommendations provided by Consultant. You also acknowledge that due to non-responsibility over full implementations, fluctuations in the relative competitiveness of some search terms, recurring changes in search engine algorithms and other competitive factors, it is impossible to guarantee number one rankings or consistent top ten rankings, or any other specific search engines rankings, traffic or performance.”

Go get ‘em!

The way you approach a new SEO client or project is critical to setting yourself up for success. And I believe we can all learn from each other’s experiences. Have you thought outside the SEO standards box to find success with any of your clients or projects? Please share in the comments!

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Weak Email Marketing and Nickelback Have Less in Common than You Might Think

I’ve never admitted this to anyone before: I don’t always change the radio station right away when a Nickelback song comes on. See? That first line wasn’t hyperbole. How embarrassing. Here’s about how far I’ll let “How You Remind Me” play before finding something else to listen to: “Never made it as a wise man
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It’s Worse Than You Think, Facebook Exposes Millions More Users to Cambridge Analytica Data Breach

Just when you thought it couldn’t get any worse, Facebook revealed that Cambridge Analytica was able to access personal data of up to 87 million users. The figure was shockingly higher than the previous estimate of 50 million.

The number was shared by the company’s chief technology officer, Mike Schroepfer, in a blog post. Schroepfer wrote that they “believe the Facebook information of up to 87 million people – mostly in the US – may have been improperly shared with Cambridge Analytica.”

Last month the personal data of almost 50 million Facebook users were unethically shared with Cambridge Analytica, a data company that worked on President Donald Trump’s campaign.

The huge discrepancy between the new figures and initial estimates was surprising, although Facebook’s head Mark Zuckerberg tried to downplay it a bit, saying that he’s confident the final tally of affected users will be lower than 87 million.

Zuckerberg is expected to appear before Congress on April 11 to discuss how Facebook manages the personal data and privacy of its 2-billion strong social media platform. Facebook’s CEO was also invited to appear before a committee of the UK parliament but he declined and just sent a deputy.

Facebook also posted another blog post stating that it had found and deleted almost 300 additional Instagram and Facebook accounts and pages with ties to the Internet Research Agency (IRA), a propaganda group working out of Russia.

Schroepfer’s blog post also confirmed several privacy updates, like the scrapping of phone numbers and email addresses being used to search for people on the social network. The company believes that due to “the scale and sophistication” of activities they’ve uncovered, the feature made it possible for information found on their public profile to be scrapped.

The blog also revealed that starting April 9, Facebook users will be able to check if their data was exposed to Cambridge Analytica. The disclosure on the data mining firm will reportedly appear at the top of users’ News Feed.

[Image via YouTube]

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The Coffee Shop Is Sexier than The Bar

The coffee shop is your answer to a power outage in your home. The bar is your existential crisis. The bar is trite debauchery. The coffee shop is a romantic partnership between your active mind and your aromatic beverage. Parsing your thoughts and indulging in every sip. The bar is where you temporarily stop apologizing
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Amazon is Now Worth More Than Microsoft, Becomes the World’s Third Most Valuable Company

The race in becoming the first company to reach the trillion dollar mark in terms of market capitalization is still ongoing. However, Amazon is a strong contender as its long-running market rally continues unabated. Thanks to a sharp rise in its company’s shares on Wednesday, Amazon became the world’s third most valuable company, overtaking Microsoft for the first time.

Amazon shares surged by 2.6 percent on Wednesday—an increase of $ 36.54 a share in just a single day of trading. Closing at $ 1,451.05 per share, the online retail giant is now valued at $ 702.5 billion. Its market value went up by $ 17.69 from the previous day’s close.

While Microsoft managed to post some gains on the same day, it was not enough to offset Amazon’s increase. The software giant’s stock rose by 1.6 percent or $ 1.40 per share, translating to an increase in total market cap by $ 10.78 billion. The company is now valued at $ 699.22 billion on Wednesday’s close.

At the moment, only two companies are worth more the Amazon. Gadget maker Apple is still number one with a market valuation of $ 849.2 billion. Meanwhile, Google’s parent firm Alphabet is in the second spot currently valued at $ 746 billion.

Amazon continues to dazzle investors and has managed to post a 73 percent increase in the past year. As a result, CEO Jeff Bezos overtook Microsoft co-founder Bill Gates as the world’s richest person. Microsoft’s 41 percent increase in the past 12 months was not enough to offset the online retailer’s meteoric rise.

[Featured image via Amazon]

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How to Schedule Time for an Imaginative Process, Rather Than an Exact Task

I’m pretty happy with my current writing process. Once you’ve accepted that you don’t need to convince anyone that your creative job is actually work, you’re free to focus on optimizing the processes that allow you to produce creativity on demand. And that’s exactly what I’m up to right now … although my creative process
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