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Facebook could have another Cambridge Analytica on its hands
Facebook has suspended a Boston-based analytics firm from both Facebook and Instagram as it investigates the company's data collection practices, the Wall Street Journal reports. Facebook said that so far, it hasn't found any evidence that the company has improperly obtained any Facebook or Instagram information, but it would be looking into whether Crimson Hexagon violated any of its policies on how to collect, share and store user data. "We don't allow developers to build surveillance tools using information from Facebook or Instagram," Facebook told Engadget. "We take these allegations seriously, and we have suspended these apps while we investigate."
Razer launches its own venture fund to support VR and gaming
Razer might be best known for high end gaming hardware and lightning fast peripherals, but the company is now ready to expand from its core business into everything from the Internet of Things, to Virtual and Augmented Reality, to robotics and big data analytics. To get there, Razer has announced zVentures -- a new $30 million venture fund meant to explore new startups and technology in these arenas.
