Facebook wary of more users' data breaches in future
San Francisco, April 27: Facebook has warned investors that more users' data scandals in the future may adversely affect the social networking giant's reputation and brand image.
In its quarterly report shared with the US Securities and Exchange Commission (SEC), without mentioning Cambridge Analytica, Facebook said that its ongoing investments in safety, security, and content review will identify additional instances of misuse of user data.
"We may also be notified of such incidents or activity via the media or other third parties," Facebook said on Thursday.
Appearing before the US Congress, Facebook CEO Mark Zuckerberg told the lawmakers that his own personal data was part of 87 million users' that was "improperly shared" with the British political consultancy firm.
The data was gathered via a quiz app, "thisisyourdigitallife," developed by Aleksandr Kogan, then a psychology researcher with University of Cambridge, and his company Global Science Research (GSR) which pulled out Facebook users' data in 2014-2015.
Facebook warned investors that there may be more such data breaches in the future.
"Such incidents and activities may include the use of user data in a manner inconsistent with our terms or policies, the existence of false or undesirable user accounts, election interference, improper ad purchases, activities that threaten people's safety on- or off-line, or instances of spamming, scraping, or spreading misinformation.
"The discovery of the foregoing may negatively affect user trust and engagement, harm our reputation and brands, and adversely affect our business and financial results," the company said its quarterly report.
"Any such discoveries may also subject us to additional litigation and regulatory inquiries, which could subject us to monetary penalties and damages, divert management's time and attention, and lead to enhanced regulatory oversight," it added.
Facebook on Wednesday beat Wall Street's estimates by raking in $11.97 billion in revenue for the first quarter of 2018.
The social media giant reported $4.98 billion in profit -- up from $4.26 billion in the last quarter.
"Despite facing important challenges, our community continues to grow. More than 2.2 billion people now use Facebook every month and more than 1.4 billion people use it daily," Zuckerberg said in a statement.
Facebook added 70 million monthly active users (MAUs) to reach 2.196 billion users globally -- at 3.14 per cent growth rate.
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UP: 90 Bangladeshis, including 28 children, held in Mathura for illegal stay
Mathura (UP), May 16 (PTI): As many as 90 Bangladeshi nationals, including many children, were apprehended from Uttar Pradesh's Mathura district on Friday for alleged illegal stay in India, officials said.
They were taken into custody from local brickyards at Khajpur village under the Naujheel police station limits, a senior officer said.
"Regular searches were being conducted throughout the district. During one such operation, police were searching some local brickyards when they came across Bangladeshi nationals working there," SSP Shlok Kumar said.
Giving a break-up, the officer said in all, 35 men, 27 women and 28 children have been taken into custody.
"During interrogation, all of them admitted to being Bangladeshi nationals living illegally in India. They moved to Mathura three to four months back from a neighbouring state. Police are trying to establish their links," the SSP said, adding that their job contractor and other associates are also being questioned.
The officer told PTI that police also recovered some Aadhaar cards from the Bangladeshi nationals, apparently issued on forged documents in some other state.
Further legal proceedings are underway, Kumar said.
