Search results for "security"

Your palm print is worth $10 according to Amazon

The retail and cloud giant is offering $10 in credit if you enroll your palm print in its checkout-free stores and link it to back to your profile.   Amazon introduced its new biometric palm print scanners, Amazon One, last year. Customers were able to purchase their desired products in specific stores by waving their palm prints over one of these scanners.   By February, the company branched out its palm scanners […]

Tencent shares tank by 10% after China media attack

Some of China’s biggest gaming firms experienced a 10 percent decline in shares on Tuesday, after being labelled as “spiritual opium” by a state-owned media outlet. China’s largest social media and video games firm Tencent recorded a plunge of 10 percent during early trade, while NetEase lost as much as 14 percent in Hong Kong; […]

Zoom to pay $85M for privacy miscues at start of pandemic

Zoom will pay $85 million to settle a lawsuit alleging that weak privacy controls opened too many peepholes into the personal information of users and that it was too easy for outsiders to disrupt video meetings during the early stages of the pandemic. The proposed agreement must still be approved by U.S. District Judge Lucy […]

Luxembourg’s CNPD fined Amazon for $888 million

Luxembourg National Commission for Data Protection (CNPD) penalized on July 16 e-commerce titan Amazon with a roaring $888 million fine over allegations of violating EU’s data protection laws. The decision came against Amazon Europe Core under the pretense that Amazon is processing customer personal data. The verdict is based on a 2018 complaint by French […]

BT, Microsoft partner to enhance voice calling

London-based telecom provider BT partnered on Thursday with Microsoft to enhance enterprise voice calling, security, and industry-focused services in various sectors.  The new agreement will allow BT to switch its global managed voice services to the cloud and deliver them directly through Microsoft Teams.  Microsoft’s Operator Connect plan, that supports telecom operators adding their calling plans to Microsoft Teams, will help the British partner to create new business models and revenue streams.  According to Microsoft’s blog post this deal “paves the way for the development […]

Didi pushes back on IPO rumors

Famous Beijing-based giant Didi denied any allegations of plans to go private in a bid to satisfy the Chinese government amidst latest regulations concerning users’ data security.   After the Wall Street Journal released a report discussing the possibility of Didi going private, the ride-hailing app’s shares increased by approximately 50 percent in Thursday’s pre-market trade.  The company has been targeted by Beijing regulators ever […]

Google requests privacy policy for Play store apps

Google announced on Wednesday that Android developers will be required to include a privacy policy with their apps starting April 2022. This request is not new, as the Big Tech revealed earlier in May that developers must declare their safety information within a deadline between October and April. However, Google decided this week to provide […]

From Big Tech to Ed Tech: Chinese regulations target education sector

Late on Wednesday, Xinhua News Agency reported that China’s latest regulations against tutoring for profit and Big Tech is beneficial to the country’s growth as it stiffens its commitment to expand its capital market, leading to a share plunge in education firms. China’s latest attempt to ease financial pressure on families that support low birth […]

Asia stocks advance, tech giants rally after Fed report

Asian stocks mostly rose Thursday after the Federal Reserve kept its accommodative monetary policies and signaled that economic recovery was on track. Chinese technology giants led the way, as authorities moved to soothe jitters over anti-monopoly and data security enforcement against the industry. Tokyo’s Nikkei 225 gained 0.4% to 27,687.28, while the Kospi in South […]

eBay cyberstalking schemer sentenced to 18 months in prison

Former eBay security manager Philip Cooke was sentenced on Tuesday to 18 months in prison for his role in an intense cyberstalking campaign against a pair of eBay critics.   U.S. district judge Allison Burroughs issued the sentence nine months after Cooke was found guilty to conspiracy of cyberstalking and tampering with witnesses.  According to federal prosecutors and a lawsuit filed last week by the victims, a group of eBay employees led by executives began in 2019 targeting the […]