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Google

The Phantoms of Google+ 214

theodp writes "Engadget reports that Google wants a patent on its System and Method for Generating a Ghost Profile for a Social Network. The brainchild of five Googlers, the invention is designed to convert anti-social-networking types to the joys of Google+ and its ilk. From the patent: 'A problem arises when users of social networks are friends with people that are opposed to social networks. The second group misses out on an important social component. For example, many users only share their photos on a social networking site. As a result, users that do not want to join the social network are forced to either join with reservations or miss out on the social component, such as viewing pictures.' By generating an unsearchable 'ghost profile' when a member of the social network invites a Google+ adverse friend to join, Google explains, non-believers get to participate in social networking activities without providing user information."
Businesses

Former Dell Execs Involved In Massive Insider Trading Probe 149

DMandPenfold writes "Two former Dell employees, including a former investor relations manager, were part of a $62 million record-breaking insider trading scam, involving the company's shares as well as Nvidia stock, according to the FBI. The news comes as the U.S. authorities step up their pursuit of inside traders. Two months ago, Galleon hedge fund founder Raj Rajaratnam was sentenced to 11 years in jail for his role in a scam involving AMD, IBM and 3Com stock. Yesterday, Sandeep Goyal, an employee at Dell's U.S. headquarters between 2006 and 2007 before becoming a financial analyst, was arrested. An unnamed co-conspirator in Dell's investor relations department from 2007 to 2009 is also alleged to have been part of the scam. ... Goyal allegedly made $175,000 by providing inside information about Dell to a hedge fund. He has pleaded guilty to charges of securities fraud."
Facebook

Facebook To Share Private Data With Politico 157

tomhudson writes "AllThingsD is reporting that Facebook has agreed to share users' private data with Politico. Quoting: 'Most notably, the Facebook-Politico data set will include Facebook users' private status messages and comments. Every post and comment — both public and private — by a U.S. user that mentions a presidential candidate's name will be fed through a sentiment analysis tool.' Yes, they claim it will be anonymized, but we've seen that doesn't really work in real life."

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