Facebook Share Price: First “Global Government Requests Report” Released

on Aug 29, 2013
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iNVEZZ.com, Thursday, August 29: Facebook Inc (NASDAQ:FB) said on Tuesday that it had received data requests for 38,000 users from government agencies in the first six months of the year. The information was revealed in the company’s first “global government requests report”, which also showed that nearly half of the requests had come from the US.

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In yesterday’s trading Facebook share price closed 2.29 percent higher at $40.55 on the Nasdaq. The Facebook stock price gained 0.51 percent, or 21 cents, in pre-market trading yesterday.

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**Request Report**
Facebook’s report came amid increased scrutiny of the company and other tech businesses prompted by revelations about their co-operation with the National Security Agency’s mass surveillance of US and foreign citizens.
“Transparency and trust are core values at Facebook. We strive to embody them in all aspects of our services, including our approach to responding to government data requests,” Colin Stretch, Facebook general counsel, said in a blog post.

For the six-month period ended June 30, the operator of the world’s most popular social networking website received from US authorities 11,000-12,000 requests for information on 20,000-21,000 individuals. Facebook complied in 79 percent of those cases. It said it had to give a range for the US figures in order to give an indication of “all criminal and national security requests to the maximum extent permitted by law”.

Requests from the US increased from the previous six-month period, when they were between 9,000 and 10,000 according to Facebook.
Tech companies such as Facebook, Google Inc (NASDAQ:GOOG) and Microsoft Corp (NASDAQ:MSFT) have pressed the US government for more leeway to report aggregate numbers of data requests. Colin Stretch said that Facebook had “stringent processes” in place to handle government data requests and that governments need to meet “a very high legal bar” to receive information about its users.

!m[US with Most Requests for User Data in First Half of 2013](/uploads/story/5181/thumbs/pic1_inline.jpg)
“We fight many of these requests, pushing back when we find legal deficiencies and narrowing the scope of overly broad or vague requests. When we are required to comply with a particular request, we frequently share only basic user information, such as name,” he said.
Overall, more than 70 countries requested information about Facebook users in the first six months of the year, with about 15,000 requests coming from outside the United States. India was the most active with 3,245 requests on 4,144 users, followed by the UK with 1,975 requests on 2,337 users. Germany, Italy and France completed the top five, each with more than 1500 requests.
**As of 12:32 BST buy Facebook shares at $40.87**
**As of 12:32 BST sell Facebook shares at $40.82**

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**Start Investing The Social Way! >>**
Facebook Share Price: Market Cap Tops $100 BillionFacebook Share Price: Including Shutterstock Images into Ad Creator

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