AXA weighs offloading $2 billion reinsurance arm to cut disaster risk - sources
By David French and Pablo Mayo Cerqueiro NEW YORK/LONDON (Reuters) -One of the world's top insurers is mulling offloading its
2023-07-12 13:46
Demise of England's 'Crooked House' shows pubs in peril
With a 15-degree list making one end four feet (1.2 metres) lower than the other, the historic Crooked House pub looked as if could...
2023-08-18 14:59
Child social media stars have few protections. Illinois aims to fix that
Illinois lawmakers aim to make their state what they say will be the first in the country to create protections for child social media influencers
2023-05-14 21:16
UK regulator examining Vodafone-Hutchison's $19 billion merger
(Reuters) -Britain's antitrust watchdog said on Wednesday it is looking into whether Vodafone and CK Hutchison's $19 billion tie-up to
2023-10-11 17:28
Ford's former CEO has a stark warning for both the UAW and automakers
As Detroit automakers and labor leaders scramble to hammer out a contract that will shape the future of the US auto industry, former Ford CEO Mark Fields has words of caution for both sides.
2023-09-14 02:51
Senate Negotiators Announce Bipartisan Bid to Avert Shutdown
The US is on track for an Oct. 1 government shutdown despite incremental progress late Tuesday in the
2023-09-27 09:25
BOJ debated progress in hitting price goal at Ueda's debut meeting
By Leika Kihara (Reuters) -Some Bank of Japan (BOJ) policymakers saw the country making progress towards sustainably hitting the bank's
2023-05-11 08:59
Amazon staff spied on women in bedrooms and bathrooms through Ring cameras, US officials say
An employee used Amazon’s Ring cameras to spy on female users in their bedrooms and bathrooms, according to US officials. Various staff members used the company’s smart home cameras – intended to allow people to watch their own homes when they are away – to watch people without their knowledge, according to the US Federal Trade Commission. Amazon settled for $5.8 million in this case, which said that one employee had watched 81 female customers and Ring employees through their cameras. The company has been hit by two substantial fines over violating users’ privacy. The other accused of breaching childrens’ rights by failing to delete Alexa recordings, even when requested by their parents, leading to a separate $25 million fine. The FTC is also probing Amazon.com’s $1.7 billion deal to buy iRobot Corp, which was announced in August 2022 in Amazon’s latest push into smart home devices, and has a separate antitrust probe underway into Amazon. Amazon, which purchased Ring in April 2018, pledged to make some changes in its practices. “While we disagree with the FTC’s claims regarding both Alexa and Ring, and deny violating the law, these settlements put these matters behind us,” Amazon.com said in a statement. The FTC said Ring gave employees unrestricted access to customers’ sensitive video data: “As a result of this dangerously overbroad access and lax attitude toward privacy and security, employees and third-party contractors were able to view, download, and transfer customers’ sensitive video data.” In one instance in 2017, an employee of Ring viewed videos made by at least 81 female customers and Ring employees using Ring products. “Undetected by Ring, the employee continued spying for months,” the FTC said. A colleague noticed the misconduct and the employee was eventually terminated, the FTC complaint said. In May 2018, an employee gave information about a customer’s recordings to the person’s ex-husband without consent, the complaint said. In another instance, an employee was found to have given Ring devices to people and then watched their videos without their knowledge, the FTC said. As part of the FTC agreement with Ring, which expires after 20 years, Ring is required to disclose to customers how much access to their data the company and its contractors have. In February 2019, Ring changed its policies so that most Ring employees or contractors could only access a customer’s private video with that person’s consent. FTC Commissioner Alvaro Bedoya told Reuters the settlements should send a message to tech companies that their need to collect data was not an excuse to break the law. “This is a very clear signal to them,” he said. The fines, totaling $30.8 million, represent a fraction of Amazon’s $3.2 billion first-quarter profit. In its complaint against Amazon.com filed in Washington state, the FTC said that it violated rules protecting children’s privacy and rules against deceiving consumers who used Alexa. For example, the FTC complaint says that Amazon told users it would delete voice transcripts and location information upon request, but then failed to do so. “The unlawfully retained voice recordings provided Amazon with a valuable database for training the Alexa algorithm to understand children, benefiting its bottom line at the expense of children’s privacy,” the FTC said. Additional reporting by agencies Read More Twitter’s head of trust and safety resigns from Elon Musk’s platform Mark Zuckerberg reveals new VR headset ahead of Apple AI chatbot taken down after it gives ‘harmful advice’ on eating disorders Twitter’s head of trust and safety resigns from Elon Musk’s platform Mark Zuckerberg reveals new VR headset ahead of Apple AI chatbot taken down after it gives ‘harmful advice’ on eating disorders
2023-06-02 14:15
Planar Presents the Latest Display Technologies for Commercial and Luxury Environments at CEDIA 2023
DENVER--(BUSINESS WIRE)--Sep 6, 2023--
2023-09-06 23:24
U.S. House Problem Solvers Caucus issues framework to avert gov't shutdowns
By Richard Cowan WASHINGTON A bipartisan group of lawmakers in the U.S. House of Representatives late on Wednesday
2023-09-21 12:25
Hot dog! The Wienermobile is back after short-lived name change
Some names are just the wurst
2023-09-22 03:53
L&T Technology Services and BSNL Join Hands to Enable Private 5G Network Deployments for Enterprises
BENGALURU, India--(BUSINESS WIRE)--Jun 26, 2023--
2023-06-26 15:53
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