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Bits & Bytes | Facebook Under FTC Investigation, Human Microchipping for Skincare

This week, demands grow for Facebook to explain its privacy policies, while human microchips may signal the future for the beauty industry.
Facebook headquarters | Source: Courtesy
By
  • Victoria Berezhna

Demands Grow for Facebook to Explain Its Privacy Policies (The New York Times)
"A parade of regulators, politicians and law enforcement officials demanded to know more about Facebook's privacy practices on Monday. Early in the day, the Federal Trade Commission confirmed reports that it was investigating how Facebook handles information about its users."

Human Microchipping Is Here, and It's About to Rock Your Skin's World (Allure)
"'I imagine a future where people are going to be able to affix things to their body that provide more functional capabilities. Like patches that are UV-radiation and body-temperature monitors,' said Nina Jablonski, a professor in the anthropology department at Penn State University."

Smartwatches Will Continue to Dominate Wearables for Quite Some Time (Wareable)
"The smartwatch is here to stay. There are estimates that 43.6 million smartwatches will ship in 2018 — 32.8 percent of the overall wearable market — it estimates that there'll be 84.1 million smartwatches shipped in 2022, increasing market share to 38.3 percent."

Luxury Watchmakers Step Up E-Commerce Investment (The Business of Fashion)
"A boom in online luxury goods sales is finally convincing high-end watchmakers, long sceptical that customers would pay thousands to buy intricate timepieces on the web, to step up their investments in e-commerce. Brands large and small are joining an online push sweeping the luxury goods world."

Chrissy Teigen Bails on Snapchat, and Snap Stock Sinks (Variety)
"Chrissy Teigen on Saturday tweeted that she's dropping Snapchat, citing a recent ad featuring Rihanna that made light of domestic violence and the social messaging and media app's widely maligned redesign. The stock quickly turned, falling as much as 1.5 percent."

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The State of Fashion: Technology