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0 -0.00150330727600734 -0.00150330727600734 -0.000300661455201597 0.0021046301864099 0.00541190619362597 0.00992182802164757 0.0225496091401082
Stock impact report

ICE Just Spent Millions On Surveillance Tech Banned By Facebook [Forbes]

Cadre Holdings, Inc. (CDRE) 
Company Research Source: Forbes
2021, Meta banned a surveillance company called Cobwebs from gathering intelligence across all its platforms. Its security staff had discovered Cobwebs, founded by former members of Israel's elite cyber intel agencies, was using hundreds of accounts to snoop on Facebook and WhatsApp users, many of them activists, opposition politicians and government officials in Hong Kong and Mexico. Since then, ICE has spent over $5 million on the company's tools, with one $2 million purchase made this week for Cobwebs' AI-powered social media surveillance tech Tangles. The software scours the open internet and the dark web for information relevant to police investigations with AI tying together data on people of interest. In one recent description filed with the Texas state government, PenLink, which now sells Cobwebs tech after a 2023 merger, wrote that Tangles “automatically ingests historical data from multiple communication channels, mobile forensics, internet-based communications, location Show less Read more
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