December 27th, 2022
California, 25th Dec, 2022: World's leading social media platform Facebook has agreed to pay $725 million to settle a lawsuit alleging that facebook allowed sharing of millions of its users' personal information to Cambridge Analytica.
Terms of the settlement reached by Meta Platforms, the holding company for Facebook and Instagram,...
September 26th, 2020Cambridge Analytica boss Alexander Nix banned for seven years from Holding Company Directorships after allegedly offering potential clients unethical services.
June 27th, 2018Amidst growing series of scandals, data breach allegations, and Cambridge Analytica disaster, social media company Facebook is facing investor's fury where investors are growing increasingly restless on how Facebook is run, demanding radical changes.
According to Business Insider's conversation with six prominent shareholders, it is...
June 19th, 2018IT Minister Ravi Shankar has warned social media companies against misusing user's data to influence upcoming 2019 elections, saying that it would no longer be tolerated.
Moreover, the government is also looking forward to Justice Srikrishna Committee report on data protection and law. Speaking in the context, Prasad added,
“We...
May 12th, 2018Social Media company Facebook which has been in "hot waters" for a while now has responded to Indian government's latest notice on alleged data breach outlining in detail the “changes made” to protect users’ information.
The U.K based data firm, Cambridge Analytica, on the other hand, is yet to send a formal response to...
May 3rd, 2018Cambridge Analytica, the British political consulting firm that was severely criticized and blamed responsible for extracting personal information from over 87 million Facebook users for ad targeting during the 2016 US Elections, announced that it was shutting down the company.
The company still claims innocence to the allegations but...
April 26th, 2018Facebook recorded a significant increase in profits in the first quarter of 2018, thanks to a growing user base and bigger revenues from ads as the social media giant seems to suffer neither harm nor backlash after the recent data leak of over 87 million Facebook users.
The profits the Silicon Valley-headquartered company recorded in...
April 18th, 2018It is rightly said, “Criticism, like rain, should be gentle enough to nourish a man’s growth without destroying his roots." The quote from Frank A. Clark rightly fits in the scenario, where world's biggest media website Facebook is ongoing a heated criticism worldwide post its data breach controversy and Cambridge analytica...
April 12th, 2018Mark Zuckerberg, the founder, and CEO of Facebook revealed shocking news during the testimony before the House Energy and Commerce Committee that even his personal data was taken and sold by UK based analysis firm Cambridge Analytica.
87 million users personal data harvested by the company is used for political purposes in the US...
April 10th, 2018Ahead of his hearing in front of Capitol Hill today, Facebook CEO, Mark Zuckerberg once again issued an apology for failing to protect the data of tens of millions of Facebook users and laid emphasis on the new policies put into effect since the scandal was came to light by media outlets.
Zuckerberg also conceded that the multiple...
April 10th, 2018Facebook is currently facing a privacy crisis after reports emerged that third party apps such as Cambridge Analytica could access personal user data per millions and use these informations for unfair practices.
Consequently, a campaign against the social media giant followed under the banner #DeleteFaceboook which was picked up by...
April 7th, 2018World's leading chat messenger WhatsApp partially admitted on the media reports that it is keeping track of the messages and also collects data of users, even after end-to-end encryption.
WhatsApp the popular instant messaging service with over 200 million active users in India might not be as secure as being claimed. Questions were...
