AIRLINK 191.84 Decreased By ▼ -1.66 (-0.86%)
BOP 9.87 Increased By ▲ 0.23 (2.39%)
CNERGY 7.67 Increased By ▲ 0.14 (1.86%)
FCCL 37.86 Increased By ▲ 0.16 (0.42%)
FFL 15.76 Increased By ▲ 0.16 (1.03%)
FLYNG 25.31 Decreased By ▼ -0.28 (-1.09%)
HUBC 130.17 Increased By ▲ 3.10 (2.44%)
HUMNL 13.59 Increased By ▲ 0.09 (0.67%)
KEL 4.67 Increased By ▲ 0.09 (1.97%)
KOSM 6.21 Increased By ▲ 0.11 (1.8%)
MLCF 44.29 Increased By ▲ 0.33 (0.75%)
OGDC 206.87 Increased By ▲ 3.63 (1.79%)
PACE 6.56 Increased By ▲ 0.16 (2.5%)
PAEL 40.55 Decreased By ▼ -0.43 (-1.05%)
PIAHCLA 17.59 Increased By ▲ 0.10 (0.57%)
PIBTL 8.07 Increased By ▲ 0.41 (5.35%)
POWER 9.24 Increased By ▲ 0.16 (1.76%)
PPL 178.56 Increased By ▲ 4.31 (2.47%)
PRL 39.08 Increased By ▲ 1.01 (2.65%)
PTC 24.14 Increased By ▲ 0.07 (0.29%)
SEARL 107.85 Increased By ▲ 0.61 (0.57%)
SILK 0.97 No Change ▼ 0.00 (0%)
SSGC 39.11 Increased By ▲ 2.71 (7.45%)
SYM 19.12 Increased By ▲ 0.08 (0.42%)
TELE 8.60 Increased By ▲ 0.36 (4.37%)
TPLP 12.37 Increased By ▲ 0.59 (5.01%)
TRG 66.01 Increased By ▲ 1.13 (1.74%)
WAVESAPP 12.78 Increased By ▲ 1.15 (9.89%)
WTL 1.70 Increased By ▲ 0.02 (1.19%)
YOUW 3.95 Increased By ▲ 0.10 (2.6%)
BR100 11,930 Increased By 162.4 (1.38%)
BR30 35,660 Increased By 695.9 (1.99%)
KSE100 113,206 Increased By 1719 (1.54%)
KSE30 35,565 Increased By 630.8 (1.81%)
Technology

It’s time to delete Facebook, says WhatsApp owner

As Facebook remains in the eye of a massive storm for its involvement in the alleged misuse of its users’ data, the
Published March 21, 2018

As Facebook remains in the eye of a massive storm for its involvement in the alleged misuse of its users’ data, the company seems to remain under hot waters for a little longer after WhatsApp co-owner Brian Acton has turned his back against the company.

Several movements over the internet are taking rounds, encouraging Facebook users to remove their accounts in the wake of British data firm Cambridge Analytica gaining access to private information of about 50 million Facebook users without their consent.

Action took to Twitter, urging his followers to delete their Facebook profiles by supporting the #deletefacebook hashtag.

WhatsApp ordered to stop sharing user data with Facebook or face penalty

According to reports published by The New York Times, the UK-based firm worked with a researcher at Cambridge University in 2014 to develop a personality survey. Since the users logged in through their Facebook accounts, the developed application gained access to users’ personal information.

The firm was later hired by the then Presidential candidate Donald Trump to help him in his presidential elections in 2016. However, BBC has reported that the researcher was unaware that the accessed data would be used to benefit Trump’s campaign.

The social media giant is under siege from users, lawmakers, shareholders and even its own employees since the news surfaced about data breach.

Since the backlash, the company has not only suffered legally but financially as well. Facebook’s shares are falling resulting to wipe out of $50 billion from its market value, BBC reports.

The instant messaging giant WhatsApp was sold to Facebook for $19 Billion in 2014.

Copyright Business Recorder, 2018

Comments

Comments are closed.