Meta delays encrypted messages on FB, Insta to 2023

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San Francisco, Nov 22 | Meta-owned Facebook Messenger and Instagram are delaying plans to encrypt users’ messages until 2023.

In a post in The Telegraph, Antigone Davis, Meta’s head of safety, attributes the delay to concerns about user safety.

“We are taking our time to get this right and we don’t plan to finish the global rollout of end-to-end encryption by default across all our messaging services until sometime in 2023,” Antigone Davis wrote in The Telegraph.

“As a company that connects billions of people around the world and has built industry-leading technology, we’re determined to protect people’s private communications and keep people safe online,” added.

With E2EE only the sender and recipient will see their conversations, the firm wants to ensure that this does not interfere with the platform’s ability to help stop criminal activity.

Facebook had first started rolling out encryption to its Messenger service back in 2016, but it only works when users use the Secret Conversation feature on the service.

Earlier this year, Meta said that default E2EE would become available on Instagram and Messenger “sometime in 2022 at the earliest.”

Facebook has taken criticism over the years for being slow to implement end-to-end encryption by default on all of its platforms.

In addition, Meta is also planning to unify the infrastructure behind the three messaging platforms — Messenger, WhatsApp and Instagram Direct.

Source: IANS

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Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

On the back of Global Clues and SGX, Nifty opened on a gap down note & continued downside momentum throughout the day and closed the session at 15809.40 level with a loss of 430.90. However, Bank nifty closed the session at 33315.65 level with a loss of 848.05 points.

India VIX closed at 24.56 up by 10.13% which is a sign of more volatility in upcoming sessions.47 stocks out of NIFTY 50 closed in RED which suggest broad based selling. All the sectoral indices were ended in the red with metal, IT indices down 4-5 percent.

Despite one way fall, Stocks like ITC, DRREDDY, POWERGRID were the top gainers, While WIPRO, HCLTECH, INFY, TCS & TECHM were prime losers. On a daily chart, Nifty has formed a Bearish candle which indicates downside momentum for an upcoming session. Moreover, Nifty is showing support from horizontal line i.e., 15750 levels which is make or break level. In addition, Nifty has been sustained above the 21-Monthly Moving Average which indicates a bounce back from lower levels can be seen.

However, the momentum indicators MACD & Stochastic were trading with a negative crossover & trading in oversold zone which is a sign of sideways to negative trend in Nifty. The Nifty may find Strong support around 15700 levels, breaching below it can show more downside till 15500 levels while on the upside 16000 may act as an immediate hurdle. On the other hand, Bank nifty has support at 32800 levels while resistance at 34500 levels.

Palak Kothari
Research Associate
Choice Broking

Source: Choice India

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