JD-U has no links with CA or my son's firm: K.C. Tyagi
Fri, Mar 23, 2018
After his son`s name cropped up in connection with the controversial British firm Cambridge Analytica (CA), JD-U secretary general K.C. Tyagi on Thursday said his son`s company has only "professional links" with the CA and that the government can investigate the links.
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Outrage over Facebook: Now Tejashwi attacks Bihar CM Nitish Kumar on Cambridge Analytica issue on Twitter
Fri, Mar 23, 2018
On Union Law and Justice Minister Ravi Shankar Prasad's warning to Facebook owner Mark Zuckerberg yesterday, RJD leader Tejashwi Yadav alleged that BJP leaders were preparing the ground for throttling social media."They are warning Facebook owner that even he can be summoned. The government should tell us if it has the power, why is it not acting against fugitives like Nirav Modi, Lalit Modi and Vijay Mallya," he said.
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After firing fusillade, RS Prasad says Facebook is welcome, but no compromise on data security
Thu, Mar 22, 2018
India had on Wednesday warned social media giant Facebook and its CEO Mark Zuckerberg of "stringent action" including summoning him over "misuse" of data to allegedly influence electoral process. Amid allegations of misuse of personal data for political purposes by Facebook, the BJP had also hit out at Congress accusing it of compromising national security by reportedly roping in political data analytics firm CA to run its 2019 election campaign.
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Now, Facebook chief Mark Zuckerberg blames 'someone' for controversy
Thu, Mar 22, 2018
Mark Zuckerberg comments came amidst the Cambridge Analytica scandal in which the British data firm, which has ties to President Donald Trump's campaign, reportedly accessed information from about 50 million Facebook users without their knowledge. Zuckerberg said Facebook executives "have some sense of the different things that we need to get in front of."
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This is what Facebook is doing in India after sparking outrage
Thu, Mar 22, 2018
Facebook CEO Mark Zuckerberg ,yesterday, admitted to making "mistakes" and said he was "happy" to answer questions about the scandal before the US Congress even as India launched an offensive against the company over the scandal. "...We've seen abuse of our platform and the misuse of people's data, and we know we need to do more. We have a responsibility to everyone who uses Facebook to make sure their privacy is protected," Facebook said in a blogpost. It vowed to set a "higher standard for how developers build on Facebook, what people should expect from them, and, most importantly, from us".
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Facebook fiasco: Mark Zuckerberg breaks silence after sparking outrage in India and more
Thu, Mar 22, 2018
Facebook fiasco: Facebook Inc chief Mark Zuckerberg said the social network planned to conduct an investigation of thousands of apps that have used Facebook`s platform, restrict developer access to data, and give members a tool that lets them to disable access to their Facebook data more easily. His plans did not represent a big reduction of advertisers` ability to use Facebook data, which is the company`s lifeblood.
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Big shock for Facebook, now investors gang-up, sue social network
Wed, Mar 21, 2018
Facebook reportedly fell as much as 5.2 percent to $175.41 on Monday in New York, wiping out all of the year’s gains so far. It was the biggest intraday drop since January 12. The stock dropped another 2.6 percent on Tuesday to close at $168.15, after Bloomberg reported that the company is under investigation by the Federal Trade Commission, citing a person familiar with the matter.
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Facebook data breach: BJP questions Congress' links with controversial firm
Wed, Mar 21, 2018
Facebook data breach: The firm, the Union minister said, has been accused of using "sex, sleaze and fake news" to influence elections and asked if the Congress too plans to walk the same path. "The Congress must explain if it has engaged in data trade with Cambridge Analytica," he said, questioning the opposition party's "silence" despite numerous reports of its link with the company.
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Centre warns Facebook of strong action if it sways electoral process
Wed, Mar 21, 2018
Amid probe by US privacy watchdog over a potential breach of user confidentiality by Facebook, IT and Law Minister Ravi Shankar Prasad said the government fully supports freedom of press, speech and expression and is for exchange of ideas on social media. But any attempt by social media sites, including Facebook, to influence India's electoral process through undesirable means will not be tolerated, he told reporters in Parliament House complex
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Delete Facebook? This is what WhatsApp cofounder Brian Acton wants
Wed, Mar 21, 2018
Brian Acton, in a tweet, wrote, "It is time. #deletefacebook." The messaging app WhatsApp, which was co-founded by former Yahoo employee Jan Koum and Brian Acton in 2009, was acquired by Mark Zuckerberg-led Facebook. The social network had acquired WhatsApp for $19 billion in 2014. Acton left the company after it was acquired but the second co-founder Koum continues to lead the messaging platform
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Facebook 'outraged' by misuse of data by Cambridge Analytica
Wed, Mar 21, 2018
A Facebook statement appeared to place the blame for the incident on the British-based firm linked to President Donald Trump, which according to Facebook violated terms of the social network by misusing data from an academic researcher
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Wall Street advances on energy bump; Facebook woes continues
Wed, Mar 21, 2018
Facebook Inc shares ended down 2.6 percent, well above earlier lows. The social media company said on Tuesday it faced questions from the U.S. Federal Trade Commission about how its users` personal data was mined by a political consultancy.
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Facebook security chief likely to leave amid alleged data breach: Report
Tue, Mar 20, 2018
Facebook is facing a backlash as a data analytics firm that worked with Donald Trump's election team allegedly harvested millions of Facebook profiles of US voters to influence their choices at the ballot box. he social network announced in mid-March its decision to suspend Strategic Communication Laboratories (SCL), along with its political data analytics firm Cambridge Analytica, for violating its policies and commitments, but refused to call the incident a "data breach"
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Facebook plunges 7% on Wall Street; why reason should worry you
Tue, Mar 20, 2018
Trump`s campaign reportedly used the firm`s data during the primaries but not during the general election and Federal Election Commission numbers showed the firm collected $5.9 million in 2016 from Trump`s campaign, Xinhua cited California-based The Mercury News daily as saying.
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Cryptocurrency ads: Twitter likely to ban Initial Coin Offerings ads after Facebook and Google
Mon, Mar 19, 2018
Cryptocurrency ads: Google also blocked 79 million ads in its network for attempting to send people to malware-laden sites and removed 400,000 of these unsafe sites last year. In January, social media giant Facebook banned all ads promoting cryptocurrencies, including Bitcoin and ICOs. The new policy prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, Facebook said in a statement.
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