Japanese telecom gaint Softbank recorded a loss of $350 million for last nine months of 2016 in the fair value of the Company’s investments in India. The loss comes on top of a $555 million writedown on the value of Softbank’s India portfolio in the six-month period ending September 2016. “With reference to the current markdown, portfolio…
Facebook recorded a slight increase in government requests for account data in the second half of 2014, according to its Global Government Requests Report, which includes information about content removal.
Requests for account data increased to 35,051 in the second half of 2014 from 34,946 in the first half, with requests from countries such as India rising and those from others including United States and Germany falling, the report by the world’s largest Internet social network showed.
Facebook said it restricted 9,707 pieces of content for violating local laws, 11 percent more than in the first half, with access restricted to 5,832 pieces in India and 3,624 in Turkey.(govtrequests.facebook.com)
“We will continue to scrutinize each government request and push back when we find deficiencies. We will also continue to push governments around the world to reform their surveillance practices in a way that maintains the safety and security of their people while ensuring their rights and freedoms are protected,” Monika Bickert, Facebook’s head of global policy management wrote in a blog post. Original post at Tech 2