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(Reuters) - Facebook Inc Chief Executive Mark Zuckerberg is planning to unify the underlying messaging infrastructure of the WhatsApp, Instagram and Facebook Messenger services and incorporate end-to-end encryption into these apps, the New York Times reported on Friday. The three services will, however, continue as stand-alone apps, the report said, citing four people involved in the effort. Facebook said it is working on adding end-to-end encryption, which protects messages from being viewed by anyone except the participants in a conversation, to more of its messaging products, and considering ways to make it easier for users to connect across networks.
“There is a lot of discussion and debate as we begin the long process of figuring out all the details of how this will work,” a spokesperson said, After the changes, a Facebook user, for instance, will be able send an encrypted message to someone who has only a WhatsApp account, according to the New York Times report, Integrating the messaging services could make it harder for antitrust regulators to break up Facebook by undoing vintage cufflinks ebay its acquisitions of WhatsApp and Instagram, said Sam Weinstein, a professor at the Benjamin N, Cardozo School of Law..
“If Facebook is worried about that then one way it can defend itself is to integrate those services,” Weinstein said. But Weinstein said breaking up Facebook is viewed as an “extreme remedy” by regulators, particularly in the United States, so concerns over antitrust scrutiny may not have been a factor behind the integration. Some former Facebook security engineers and an outside encryption expert said the plan could be good news for user privacy, in particular by extending end-to-end encryption.
“I’m cautiously vintage cufflinks ebay optimistic it’s a good thing,” said former Facebook Chief Security Officer Alex Stamos, who now teaches at Stanford University, “My fear was that they were going to drop end-to-end encryption.”, However, the technology does not always conceal metadata - information about who is talking to whom - sparking concern among some researchers that the data might be shared, Any metadata integration likely will let Facebook learn more about users, linking identifiers such as phone numbers and email addresses for those using the services independently of each other..
Facebook could use that data to charge more for advertising and targeted services, although it also would have to forgo ads based on message content in Messenger and Instagram. Other major tradeoffs will have to be made too, Stamos and others said. Messenger allows strangers to contact people without knowing their phone numbers, for example, increasing the risk of stalking and approaches to children. Systems based on phone numbers have additional privacy concerns, because governments and other entities can easily extract location information from them.
KUALA LUMPUR (Reuters) - Malaysia’s securities regulator said on Saturday it was looking into the conduct of auditors of 1Malaysia Development Bhd (1MDB), a state fund that was wound up after losing billions vintage cufflinks ebay of dollars in a scandal that erupted under the country’s previous government, “The Securities Commission’s review of the conduct of auditors in relation to 1MDB audits is still on-going,” the regulator said in an emailed statement to Reuters, without identifying the firms involved..
The statement was issued following a South China Morning Post report on Friday that cited sources saying that the regulator was reviewing the work carried out by international auditors KPMG and Deloitte to see if they were “were aiding and abetting in this scandal, or merely negligent.”. KPMG and Deloitte did not respond to requests from Reuters for comment. Once the review is completed, the Securities Commission and its Audit Oversight Board “will assess the findings and consider the appropriate next course of action,” the regulator said.
1MDB is the subject of money laundering investigations in at least six countries, including the United States and Malaysia, The U.S, Department of Justice has alleged that over $4.5 billion was stolen from 1MDB by top officials of the fund and their associates between 2009 and 2014, Deloitte audited 1MDB’s financial statements for 2013 and 2014, before it resigned as the fund’s auditor in early 2016, It had taken over after 1MDB fired its earlier auditors, KPMG and Ernst & Young, authorities have vintage cufflinks ebay said..