News Facebook Pays to Track People, Cryptocurrency Scams Cost Users...

Facebook Pays to Track People, Cryptocurrency Scams Cost Users $1.7 Billion and Elon Musk’s Jet Travel (60-Second Video)

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Here are three things entrepreneurs should know today.

1 min read

  • Facebook has been paying people, including teens, up to $20 a month to install an app that tracks almost all of their phone and web activity. After the original article appeared in TechCrunch, Facebook said it would shut down the iOS version, partly because of Apple’s app store rules. But the app will reportedly still be available on Android. 

  • The cryptocurrency world is rife with scams, according to a recent report from security firm CipherTrace, which said thefts and exit scams cost cryptocurrency users and investors about $1.7 billion in U.S. dollars last year. 

  • In his self-described “excruciating” 2018, Elon Musk’s corporate jet flew more than 150,000 miles, or more than six times around the Earth. The Washington Post created a graphic to illustrate the flight paths. 

Watch the previous 3 Things video: Apple Acknowledges FaceTime Bug, PG&E Files for Bankruptcy and NFL History Will be Made at the Super Bowl

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