Facebook Inc (NASDAQ:FB) has announced that it has recorded as a significant increase in user data requests by governments around the world, Reuters reported. The social media giant received 34,946 requests for data in the first half of 2014. In the same time period, the data restriction rose up by 19%. These data restrictions were allegedly based on data and usage trends. Governments around the world are fearing a great and unprecedented rise in social media activity. This activity has given a clear damage to many governments. Google Inc (NASDAQ:GOOGL) also announced that it has seen 15% increase in request for user data in the first half of the year. In the five years period, Google Inc (NASDAQ:GOOGL) saw a surge of no less than 150% in the data requests.
Facebook Inc (NASDAQ:FB) has vowed to lodge an appeal in the higher courts to take back the data which is forcibly taken by the governments. Technology giants like Google Inc (NASDAQ:GOOGL) and Apple have recently faced a resistance from FBI in the US after both companies decided to give by default encryption in their smartphones. All around the world, governments are tightening the cyber laws to bring an end to popular movements. Facebook Inc (NASDAQ:FB) is currently fighting a case in the US to take data back from the governments and hand it over to 400 people.
Facebook Inc (NASDAQ:FB) has touted to invalidate these “sweeping warrants” to get data about users by going to courts. Data breaches, leaks and tracking bring enormous harm to the social media giants and creates a trust deficit among its services and users. Previously, Facebook Inc (NASDAQ:FB) and other companies were accused of cooperating with secret agencies in a mysterious Prism program.
Philippe Laffont‘s Coatue Management owns over 5.8 million shares of Facebook Inc (NASDAQ:FB).
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