What does this mean to us? Mahendra Limaye, a Nagpur-based cyber crime lawyer, says that the sordid episode throws up many questions. It is an open secret that personal data of the users is extracted from the social media platforms and various apps and used for a purpose for which they have not given their consent; they don’t even suspect such intentions of these platforms. He asks whether Facebook is transparent enough with users about how their information would be used. Should it have done more to keep tabs on how third parties were using data? Could such a business model, which is based on selling user data to app developers and advertisers, be termed ethical and allowed to be used? Should governments across the world partner with Facebook or such companies in their various social media initiatives?
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam

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