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<\/a><\/p>\n1. We dismantle Facebook\u2019s memo defending its \u2018Research\u2019<\/a><\/strong><\/p>\n The fallout continues following TechCrunch reporting about a Facebook <\/a> app that was paying people to collect a huge swath of data from their phones. For one thing, a new memo<\/a> from Facebook\u2019s VP of production engineering and security provides more detail about exactly what data Facebook was trying to collect from teens and adults in the U.S. and India.<\/p>\n We also learned that like Facebook, Google was using Apple enterprise certificates to circulate a consumer-facing data collection app \u2014 leading Apple to shut down, then restore access<\/a> to Google\u2019s internal iOS apps.<\/p>\n 2. Amazon and Flipkart pull 100,000s of products to comply with new Indian law<\/a><\/strong><\/p>\n Amazon has been forced to pull an estimated 400,000 products in India after new regulation limiting e-commerce businesses went into force in the country. And Flipkart could pull as many as one-quarter of its products in order to comply with the rule, according to analysis from consulting firm Technopak.<\/p>\n 3. Apple fixes FaceTime eavesdrop bug, with software update incoming<\/a><\/strong><\/p>\n \u201cWe have fixed the Group FaceTime security bug on Apple\u2019s servers and we will issue a software update to re-enable the feature for users next week,\u201d the company said.<\/p>\n 4. <\/strong>H-1B changes will simplify application process<\/strong> <\/a><\/p>\n Danny Crichton does some table-napkin math to conclude that the changes will likely benefit advanced degree holders, while diminishing the chances for regular applicants.<\/p>\n 5. Kleiner Perkins gets back to early-stage with its $600M 18th fund<\/a><\/strong><\/p>\n The firm, which was recently rocked by the departure of legendary investor Mary Meeker, says it\u2019s going \u201cback to the future\u201d with a focus on early-stage deals.<\/p>\n 6. Amazon reports better than expected Q4, but lowers Q1 guidance<\/a><\/strong><\/p>\n The online retail giant reported $72.4 billion in Q4 revenue, topping last year\u2019s $60.45 billion and besting the analysts\u2019 forecast of $71.92 billion. Amazon Web Services also played a key role, with a massive $2.2 billion operating income.<\/p>\n![\"\"](\"https:\/\/i0.wp.com\/www.wordpressdynamos.com\/timesofnewscdn\/blog\/5a36d_Kleiner-Perkins-Fund-18.png?resize=640%2C344&ssl=1\")
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