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Facebook to wipe-out fundraising fees for personal causes

People on Facebook raise money for many personal causes, including loved ones who need critical surgery, teachers needing school supplies for their students, and families in need after losing everything in a fire.

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There is good news for people who use Facebook to raise money to support the causes that matter to them as the social networking giant is now all set to do away with its platform fee on fundraisers for personal causes.

“We’re eliminating the platform fee on all fundraisers for personal causes, so that people can maximize their fundraising support,” Asha Sharma, Facebook’s Head of Product for Social Good, said in a statement on Friday.

That means the social network is getting rid of the 4.3 percent platform fee in the US and the 6.2 per cent fee in Canada, TechCrunch.com reported.

But there will still be a small fee charged for payment processing and applicable taxes, Facebook said.

But there will still be a small fee charged for payment processing and applicable taxes, Facebook said.
Representational image, pixabay

Announcing new tools for fundraisers on the platform, Facebook said that people can pledge to match donations to their nonprofit fundraiser.

“This is a first of its kind tool in online fundraising that’s now available in the US and will soon expand internationally,” Sharma said.

The social network is also introducing new categories for fundraisers for personal causes so that people can raise funds for more social good causes across family, faith, travel, and volunteering.

“We want to help everyone to meet and exceed their fundraising goals through matching donations,” Sharma said.

Now people who create fundraisers can pledge to match donations up to the amount they choose, from $5 to $2,500, helping them build momentum for their cause, Facebook added.

Also Read: Toyota Announces To Launch TALKING vehicles in U.S. in 2021 

People on Facebook raise money for many personal causes, including loved ones who need critical surgery, teachers needing school supplies for their students, and families in need after losing everything in a fire.

Facebook said it will be adding fundraiser categories for family (like adoption or new baby supplies), faith (like missions or religious community events), travel (like educational trips or travel for medical needs), and volunteering (like volunteer programs or supplies) causes. (IANS)

 

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Irish Watchdog Opens Inquiry into Latest Privacy Breach of Facebook

The private information of Facebook users was alleged to be used to influence the US 2016 general elections in favour of President Donald Trump's campaign

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Irish watchdog opens inquiry into latest Facebook privacy breach. Pixabay

Ireland’s Data Protection Commission (DPC) has announced a fresh investigation into Facebook, a day after the social networking giant admitted another security breach where nearly 6.8 million users risked their private photos being exposed to third-party apps.

Facebook, which is already facing a probe from the Irish watchdog for a previous privacy leak in September that affected 50 million people, may end up with fine of 4 per cent of its annual turnover – the highest fine under the new European General Data Protection Regulation (GDPR), The Independent reported on Saturday.

In Facebook’s case, the fine could amount to nearly 1.5 billion euros.

“The Irish DPC has received a number of breach notifications from Facebook since the introduction of the GDPR on May 25, 2018,” a spokesperson for the watchdog was quoted as saying.

The fresh move came after Facebook on Friday said more than 1,500 apps built by 876 developers may have also been affected by the bug that exposed users’ unshared photos during a 12-day-period from September 13 to 25.

Facebook, in a statement, said it has fixed the breach and will roll out next week “tools for app developers that will allow them to determine which people using their app might be impacted by this bug”.

“Currently, we believe this may have affected up to 6.8 million users and up to 1,500 apps built by 876 developers. The only apps affected by this bug were ones that Facebook approved to access the photos API and that individuals had authorised to access their photos.

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This photo shows a Facebook app icon on a smartphone in New York. VOA

“We’re sorry this happened,” said Facebook, adding that it will also notify the people potentially impacted by this bug via an alert.

The disclosure is another example of Facebook’s failure to properly protect users’ privacy that may drew more criticism of its privacy policy.

Earlier this month, Italian regulators fined Facebook 10 million euros for selling users’ data without informing them.

The competition watchdog handed Facebook two fines totalling 10 million euros, “also for discouraging users from trying to limit how the company shares their data”.

The Irish watchdog, which is Facebook’s lead privacy regulator in Europe, in October opened a formal investigation into a data breach which affected 50 million users.

Also Read- Prime Minister Narendra Modi Extends Condolences to France Terror Attack Victims

“The investigation will examine Facebook’s compliance with its obligation under the General Data Protection Regulation (GDPR) to implement appropriate technical and organisational measures to ensure the security and safeguarding of the personal data it processes,” said the DPC.

The world’s largest social media network has been grilled over the past year for its mishandling of user data, including its involvement in a privacy scandal in March when Cambridge Analytica, a British political consultancy firm, was accused of illegally accessing the data of more than 87 million Facebook users without their consent.

The private information of Facebook users was alleged to be used to influence the US 2016 general elections in favour of President Donald Trump’s campaign. (IANS)