Saturday, 17 November, 2018

Will ensure Facebook not misused in Indian polls: Mark Zuckerberg

Will ensure Facebook not misused in Indian polls: Mark Zuckerberg Will ensure Facebook not misused in Indian polls: Mark Zuckerberg
Patty Aguilar | 24 March, 2018, 16:01

To understand how these changes could affect research, it helps to understand the ways scientists can now gain access to Facebook's user data.

Facebook shares fell on Friday, although not at the pace of earlier in the week. They closed on Thursday at $164.89, down 2.7 percent. As techies we have known for a long time that Facebook are using all of the data, we have known that other third party apps (such as the one produced by Cambridge Analytica) are using all of this data.

In the interview where he repeated from the sound of it carefully prepared statements, Zuckerberg pointed out that it's Facebook's "responsibility to make sure that it doesn't happen again". Facebook themselves have been on the record saying that the collection was through legitimate means. "We know that and we will work to earn it". "We know this is a critical moment for our company, for the service we provide", Chief Operating Officer Sheryl Sandberg said in an interview broadcast on CNBC.

Zuckerberg's apology and promises were not enough to ease political pressure on the world's largest social media company.

"It shouldn't be for a company to decide what is the appropriate balance between privacy and innovation and use of data. Those rules should be set by society as a whole and so by parliament", British minister for Digital, Culture, Media and Sport, Matt Hancock, told BBC Radio.

Now, members of congress are calling on the Facebook founder to testify under oath. The move disables a user's profile and removes their name and pictures from most things they have shared.

The file gives an overview of the pictures and videos a user has posted, their downloaded apps, message traffic with friends, their "likes", unfriended friends and ads clicked.

Meanwhile, Mark Zuckerberg has issued a statement over leaking users' data to political consulting firm Cambridge Analytica.

BJP is now largest Rajya Sabha party
This will spell trouble for Jaya Bachchan if cross-voting takes place and of the 37 SP MLAs left, some vote for BJP. Congress leader Aradhana Misra said, "Congress party has given its support to BSP candidate Bhim Rao Ambedkar".

Fed Raises Rates, Three More Hikes Expected in 2018
However, it marginally downgraded its assessment of the rise in economic activity to " moderate rate" from "solid" in January. The dollar index, which measures the greenback against six major peers, fell 0.69 percent at 89.745 in late trading.

Giants lose Bumgarner, Samardzija to injuries days before season opener
The Spring Training start was to be Bumgarner's last before facing Clayton Kershaw and the Dodgers in Los Angeles on Opening Day. He is scheduled to have surgery on his hand Saturday to insert pins that will be removed in four to six weeks.

If it doesn't blow over, then government regulations will likely be passed in order to "crack down" on Facebook's "misdeeds".

"Kogan violated Facebook's policies whether or not he stated his intention to do so in his own terms of service", Facebook spokesman Andy Stone told Bloomberg.

Wall Street analysts expressed relief that there were no signs so far of a fundamental shift in the company's advertising-driven revenue model, but some said there would be costs to shore up its reputation. He explained that it is in his company's best interest to hold on to user data, because it gives Facebook a competitive advantage.

What started as a row over how Cambridge Analytica harvested data of 50 million Facebook users, mainly in the United States, has quickly expanded into a long-overdue public debate on how Facebook and other internet giants collect, handle and package our data to make their multibillion-dollar profits.

Several analysts cut price targets.

As with Twitter, you can take control of Facebook. Facebook painted itself more or less as a victim, accusing Cambridge Analytica and SCL of having abused Facebook to collect said data. The piece argues that even though this particular case has been in the limelight because of the obvious connections to Donald Trump's presidential campaigns, what can not be ignored is that Facebook is not the only one in the wrong here as there are countless other companies which are in the "business of collecting and selling access to everyone's data on a scale that boggles the mind". That includes people whose data Kogan misused here as well. She said she was sorry the company let so many people down.

Facebook has hired forensic auditors from the firm Stroz Friedberg to help, while the social network is also suspending Cambridge Analytica, its parent SCL, Kogan and another former worker, Christopher Wylie.

"The challenge is that the platform performs", Rowlands said.

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