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Cambridge Analytica Boss Banned from Holding Company Directorships

26Sep By AdityaNo Comments

News

Cambridge Analytica Boss Banned from Holding Company Directorships

LONDON, 26th Sept. 2020— The boss of Cambridge Analytica has been banned from holding company directorships for seven years effective from 5 October 2020 over a scandal on Facebook users’ private data theft. Britain’s Insolvency Service banned Alexander Nix from running companies after he permitted Cambridge Analytica’s parent firm, SCL Elections Ltd., and connected firms to “market themselves as offering potentially unethical services to prospective clients.” U.K.-based Cambridge Analytica was accused of playing a key role in the 2014 breach of 87 million Facebook users’ personal data. The company denied it used the data for Trump’s 2016 election campaign, but some former employees have disputed that. Facebook CEO Mark Zuckerberg has said that it was “entirely possible” the social m...

Facebook aims to help voters, Launched Voting Information Center

17Jun By AdityaNo Comments

USA

Facebook aims to help voters, Launched Voting Information Center

New York, Jun 17, 2020: Facebook is launching a widespread effort to boost US voter turnout and provide authoritative information about voting. The social media giant is launching a “Voting Information Center” on Facebook and Instagram that will include details on registering to vote, polling places and voting by mail. It will draw the information from state election officials and local election authorities. The information hub, which will be prominently displayed on people's Facebook news feeds beginning on Wednesday and on Instagram later in the summer is similar to the coronavirus information center the company launched earlier this year in an attempt to elevate facts and authoritative sources of information on COVID-19. “I know many people are upset that we've left the Pres...

Even Zuckerberg Personal Data was Breached by Cambridge Analytica

12Apr By NitishNo Comments

News

Even Zuckerberg Personal Data was Breached by Cambridge Analytica

Mark 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 presidential elections. In which half of the million data of Indian users. During the series of questions asking by the committee, Zuckerberg was asked if his personal data was included in the information sold to the "malicious third parties" to which he replied "yes". As per the guidelines are given by the US Congress committee, Facebook has started to notify those users whose data have been breached. Zuckerberg said, "it is going to take some time to wor...

Employees are Scared For Their Safety After Trump’s Win: Indra Nooyi

15Nov By Press Trust of IndiaNo Comments

Entrepreneurs Talk

Employees are Scared For Their Safety After Trump’s Win: Indra Nooyi

PepsiCo's India-born CEO Indra Nooyi has said Hillary Clinton's defeat in the elections has left her daughters, gay workers, employees and the non-whites devasted as there was "serious concern" among them about their safety in the US with Donald Trump as president. "Do you have a box of tissues here," Nooyi, a staunch Clinton supporter, said at the New York Times Dealbook Conference here when asked how she felt on the morning of November 9, when Trump won the presidential election. A visibly dejected Nooyi said Clinton's loss left her daughters and PepsiCo's employees devastated and there were serious concerns among the company's workers, especially the non-white employees, about their safety in an America with Trump as its president. "I had to answer a lot of questions from my daughte...