#DeleteFacebook: WhatsApp co-founder Brian Acton turns against social media giant

Nozair Hanif Mirza 08:45 PM | 21 Mar, 2018
#DeleteFacebook: WhatsApp co-founder Brian Acton turns against social media giant
MENLO PARK, Calif. – The co-founder of social messaging service WhatsApp, Brian Acton has turned against Mark Zuckerburg’s company following a recent revelation that more than 50 million Facebook users’ data was breached during the last US Presidential Election.

Brian, who sold WhatsApp to Facebook in 2014, tweeted on Wednesday urging: "It is time. #deletefacebook".

API Response: Twitter / ?

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Looks like this page doesn’t exist. Here’s a picture of a poodle sitting in a chair for your trouble.

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The post has been shared more than 4,000 times and is one of only two posts he has shared since 2016.

Acton also expanded on his reasoning while responding to his followers’ comments:

The #DeleteFacebook has been trending on social media over the course of the last few days.

The 46-year-old had left Yahoo before he co-founded WhatsApp in 2009, only to sell it to Facebook in a $16 billion deal.

The Michigan-based software developer recently made the news for investing $50 million of his own money into SIgnal, the encrypted chat app which technology is also used in WhatsApp, Facebook Messenger, and other apps that offer end-to-end encryption.

Facebook came under fire after deleting the account of a data analyst, Christopher Wylie, who had revealed the use of misappropriated data by Cambridge Analytica during Donald Trump’s 2016 election campaign.

Wylie, 28, gave “whistleblower” reports, published by The Observer, The Guardian and the New York Times last Sunday detailing how 50 million Facebook profiles were affected.

Since Wylie’s ‘ordeal’ made the headlines, Facebook has shed $60 billion in value.

The Federal Trade Commission (FTC) is currently investigating Facebook's handling and alleged misuse of users’ personal data. The company signed a consent agreement with the FTC in 2011 guaranteeing data privacy regarding the use of personal user data. This outlined how users would "receive notification of and agree to Facebook sharing their data with outside firms."

“We remain strongly committed to protecting people's information,” Facebook Deputy Chief Privacy Officer Rob Sherman said in a statement. "We appreciate the opportunity to answer questions the FTC may have.”

Facebook founder Mark Zuckerberg and COO Sheryl Sandberg have yet to issue a statement.

Nozair Hanif Mirza
Nozair Hanif Mirza

The writer is a member of the staff. He can be accessed on Twitter @iamnozair


Rupee gains massive recovery against US dollar after SBP relaxes rules for banks

KARACHI – The Pakistani rupee experienced a significant surge in its value in the open market against the dollar.

This surge came after a recent directive from the State Bank of Pakistan (SBP), allowing banks to purchase dollars at the interbank market rate for international card payments. The objective of this move was to narrow the exchange rate gap between the official and informal markets.

According to the Exchange Companies Association of Pakistan, the currency market witnessed the dollar being traded at Rs298, compared to its previous day’s closing rate of 311.

The SBP’s decision was influenced by the International Monetary Fund’s demand for Pakistan to stabilize its currency market before resuming a $6.5 billion bailout program.

In a circular, the central bank stated, “In response to the feedback received from various stakeholders, Authorized Dealers are now permitted to buy USD from the Interbank market to settle card-based cross border transactions with international payment schemes (IPS).”

Market analysts had predicted a decline in the value of the rupee following the implementation of these new guidelines.

Zafar Paracha, the General Secretary of the ECAP, expressed that the SBP’s decision was timely and appropriate. He anticipated that it would lead to a decrease of 20 to 25 rupees in the open market currency rate. Paracha also noted that aligning the rates in the official and informal markets would bolster remittance inflows.

Pracha further emphasized that significant disparities in rates between the official and informal markets encourage transactions outside of the official banking system.

Today's gold rates in Pakistan – June 1, 2023

KARACHI – The price of a single tola of 24-karat gold in Pakistan is Rs 229,000 on Thursday. The price of 10 grams of 24k gold was recorded at Rs197,620.   

Likewise, 10 grams of 22k gold were being traded for Rs181,150 while a single tola of 22-karat gold was being sold at Rs 211,290.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

City Gold Silver
Lahore PKR 229,000 PKR 2125
Karachi PKR 229,000 PKR 2125
Islamabad PKR 229,000 PKR 2125
Peshawar PKR 229,000 PKR 2125
Quetta PKR 229,000 PKR 2125
Sialkot PKR 229,000 PKR 2125
Attock PKR 229,000 PKR 2125
Gujranwala PKR 229,000 PKR 2125
Jehlum PKR 229,000 PKR 2125
Multan PKR 229,000 PKR 2125
Bahawalpur PKR 229,000 PKR 2125
Gujrat PKR 229,000 PKR 2125
Nawabshah PKR 229,000 PKR 2125
Chakwal PKR 229,000 PKR 2125
Hyderabad PKR 229,000 PKR 2125
Nowshehra PKR 229,000 PKR 2125
Sargodha PKR 229,000 PKR 2125
Faisalabad PKR 229,000 PKR 2125
Mirpur PKR 229,000 PKR 2125


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