Facebook to Monetize Your Chats, USA Steals Chinese Jobs, and Nosy Roombas

Is there such a thing as privacy any more? Do any of us who use social media have a right to keep our data to ourselves? We point, laugh, and explore these questions and more on First News 570 with Mark Starling. Listen in.

Foxconn to Build $10 Billion Plant in Wisconsin

Foxconn to Build $10 Billion Plant in Wisconsin

BEWARE: ADS COMING TO AN I.M. NEAR YOU
During a long car ride coming back from a customer, one of my mentors lectured me on the four ways you can make money: subscriptions, fees, commerce, and of course advertising. Just as denizens of the Internet were getting used to seeing ads in their news, ads in their searches, and ads in their timelines, Facebook ups the ante and is beta testing delivering ads to your chat conversations in Messenger. Showing that there’s no screen real estate for eye balls to see, the Big Blue App company started testing ads beneath your previous chats this week. When you have 2.4 billion people wasting an hour a day on your platform, why not take advantage of their eye balls? And this coming off of news of FB hitting all new share price highs.
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IN STUNNING TURN OF EVENTS, USA STEALS CHINESE JOBS
We are used to reading news headlines about how the Chinese economy is taking American jobs away and how every technology worth its salt is building a plant in Beijing. Well, it seems the Chinese are more than willing to take advantage of American ingenuity. Announced yesterday, Chinese electronics manufacturer, Foxconn, who famously manufacturers the iPhone in sub par conditions, announced plans to build a $10 billion LCD panel plant in Wisconsin and employee 13,000 people. It is true, the American labor force is one of the world’s most educated and productive. I think it’s great news to see us building things again, and a boon to have electronics made here. Let’s just hope we keep the environment clean while doing it.
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SHOWING THAT ADORABLE HOUSECLEANING ROBOTS CAN’T BE TRUSTED, iROBOT TO SELL VACUUM MAPS
iRobot, makers of the very cute and tiny, Roomba an automated vacuum cleaner, has outed itself by saying it may sell floor plans of the houses its vacuum cleaners clean to third parties. Wall Street loved this new invasion of privacy by pushing iRobot’s stock price to $102 per share. Their justification seems innocent enough, the CEO says that smart homes and immersive technologies get easier to deliver when adequate maps of a home layout is known by technologies. iRobot potentially sell your floor plans to the likes of Apple, Amazon, and Alphabet (see what I did there) to help them hock you more stuff. Is there really a thing called privacy?
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