Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Cambridge Analytica Case: Whatsapp Co-Founder Calling Users to Delete Facebook

Brian Acton, who co-founded the social network chat service with Jan Koum is openly against it in light of the Cambridge analysis and election bias

Facebook absorb unexpected fire from Brian Acton, one of the two Whatsapp founders, The company Facebook acquired 4 years ago for astonishing $1.9 billion, its largest acquisition to date.

Acton said on Twitter: it is time to delete Facebook.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

The argument was raised against the background of the Cambridge Analytica Case, which drew personal information from about 50 million Facebook users for the distribution of Fake News in Trump’s election campaign and in the Brexit vote.

Acton currently has no active role in Whatsapp.

Since the affair was revealed earlier this week, Facebook’s stock took a dive. The stock has tumbled more than 9 percent this week. It dropped 5.2%
on Monday. The stock shed another 2.6% of value Tuesday, closing at $168.15, after investigations have been launched against the social network in the United States and the European Union on suspicion of infringing users privacy rights.

In addition, Mark Zuckerberg, who until now has not personally addressed the issue, was charged.

 

Facebook is suspected of turning a blind eye to the collection of information, which was secretly carried out through an innocent application,

And its use of propaganda and disinformation.

Alongside Acton’s call, another voice came up last night: Pan Yuan, a Facebook shareholder, sued the company in California.

Facebook is being sued by its holders over lax data security. The lawsuit was filed as a class action but has yet to be approved and it is not known how many of the company’s investors are behind it. According to the lawsuit, Zuckerberg’s disregard for the affair caused the stock to plummet and to wipe out $70 billion of Facebook’s value.

Newsletter



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

History & Archeology

A groundbreaking discovery in the Manot Cave in the Western Galilee, Israel has unearthed the earliest evidence in the Levant (and among the world's...