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Facing an intense public scrutiny over data leaks amid privacy concerns, Facebook has now called for the entire tech industry to come and protect people’s data.
According to David Baser, Director of Product Management at Facebook, nearly every day, news comes out from a different company about personal data that got into the wrong hands.
“Even if we’re all taking steps to shore up our privacy protections, we won’t find the answers in a silo. Companies are connected and our technology ecosystem can’t be reversed.
“So we need to work together on standards and best practices to make data portability a reality while also prioritizing people’s privacy and security,” Baser said in a blog post late on Thursday.
Facebook, Google, Microsoft and Twitter last week announced that they will join the open source initiative called Data Transfer Project (DTP).
In the early stages at the moment, the Data Transfer Project will help users of one service to use their data to sign up for another service with encryption.
According to Facebook, some of the world’s most popular apps have been built on its platform and the flow of information has the potential for abuse.
“Bad actors can gather information from people and use it in ways that they aren’t aware of and didn’t agree too, like selling personal data to marketers.
“Facebook has clear policies against this, but as we saw with the Cambridge Analytica situation, bad actors are more than willing to ignore these policies in pursuit of their own objectives,” Baser said.
Some argue that the best response to Cambridge Analytica would be to lock Facebook down completely so apps can’t get access to this kind of information but according to Facebook, limiting people’s ability to share information would erase the conveniences they enjoy.
“We need to find the right balance, giving people control over data sharing and preventing abuse without hampering people’s experiences or hindering innovation,” said Baser.
Facing global backlash over data scandals, Facebook stock nosedived 20 per cent — wiping over $120 billion off the company’s market value in a single day — after its revenue and user growth in the second quarter of 2018 fell short of investor expectations.
The social media giant reported 2.23 billion monthly active users — an increase of 11 per cent (year-over-year) which was its slowest growth in more than two years. (IANS)
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On the opening day of the wrestling competition, Ravi Kumar defeated Bulgaria's Georgi Vangelov 14-4 on technical superiority to reach the last-four in the men's 57kg category, while compatriot Deepak Punia overcame China's Zushen Lin 6-3 on points to advance to the semifinals.
Ravi Kumar will take on Nurislam Sanayev of Kazakhstan in the last-four, while Punia will be up against David Morris Taylor of the USA.
Earlier, Ravi Kumar had won his opening-round bout by technical superiority against Colombia's Oscar Tigreros to secure a quarterfinal spot. Competing in the Round-of-16 bout against the Colombian wrestler, the 23-year-old Ravi Kumar, who is making his Olympic debut, showed no nerves as he dominated the bout to win by technical superiority (13-2).
Ravi Kumar landed attack after attack and went 13-2 up, winning the bout by technical superiority with minutes to spare. In wrestling, building up a 10-point lead over the opponent results in a victory by technical superiority.
India's 86kg freestyle wrestler Deepak Punia showed no signs of the niggle that had forced him to pull out of the Poland Open Ranking Series in Warsaw in June, as he defeated Nigeria's Ekerekeme Agiomor on technical superiority to secure a quarterfinal berth.
He got his Olympic campaign to a fine start as he was in control from the start of the bout and hardly ever allowed his Nigerian opponent any room to maneuver his moves, finally winning with a 12-1 on technical superiority.
Punia, who had also suffered an elbow injury just before the Games, was slow at the start but came into his own as the bout progressed, inflicting takedowns at regular intervals to earn points.
The Indian wrestler eased into a 4-1 lead at the break and extended his lead comfortably in the second period.
Punia, the silver medallist from the 2019 world wrestling championships, then set up a clash with China's Lin Zushen in the quarterfinals and defeated him 6-3.