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Country Garden to Issue HK$270 Million of Shares to Offset Loan
Country Garden to Issue HK$270 Million of Shares to Offset Loan
Country Garden Holdings Co. aims to issue HK$270 million ($34.4 million) of new shares, as the distressed developer
2023-08-30 09:23
'Fertile ground': Baghdad sees timid revival with investment drive
'Fertile ground': Baghdad sees timid revival with investment drive
On a summer evening, Iraqis smoke shisha and go bowling at a sprawling riverside complex in Baghdad, one of the many new investments reviving...
2023-09-27 11:19
Hong Kong Reporter ‘Missing’ After China Trip Is Safe, SCMP Says
Hong Kong Reporter ‘Missing’ After China Trip Is Safe, SCMP Says
A reporter for Hong Kong’s premier English-language newspaper is “safe” in China, the publication said, after a news
2023-12-01 18:23
Residents alarmed as shoplifting incidents trigger store departures: 'As a community we can't allow this to continue'
Residents alarmed as shoplifting incidents trigger store departures: 'As a community we can't allow this to continue'
Lou Martins is angry, frustrated, and disappointed but not surprised that the first Target store to open in Manhattan — in his New York City neighborhood — is closing in October.
2023-09-30 19:19
Bud Light controversy cost parent company about $395 million in lost US sales
Bud Light controversy cost parent company about $395 million in lost US sales
The world's largest brewer is counting the costs of being swept into a controversy over Bud Light in the United States.
2023-08-03 18:57
US Equity Futures Fall; Baht Gains, Rand Rallies: Markets Wrap
US Equity Futures Fall; Baht Gains, Rand Rallies: Markets Wrap
US stock futures declined and the dollar traded in tight ranges versus major peers as investors weighed signs
2023-05-15 06:51
Biden Allies Seize on Impeachment as Weapon Against Republicans
Biden Allies Seize on Impeachment as Weapon Against Republicans
President Joe Biden’s allies are bracing for a possible impeachment by House Republicans and looking to turn it
2023-09-23 21:45
Exxon Profit Misses Estimates as Natural Gas, Refining Falter
Exxon Profit Misses Estimates as Natural Gas, Refining Falter
Exxon Mobil Corp. fell short of analysts’ expectations with a third straight drop in profit — the longest
2023-07-28 18:54
Amazon staff spied on women in bedrooms and bathrooms through Ring cameras, US officials say
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 14:18
ECM Wins 2023 IDEA Awards for its PrintStator Electric Motor CAD Software
ECM Wins 2023 IDEA Awards for its PrintStator Electric Motor CAD Software
NEEDHAM, Mass.--(BUSINESS WIRE)--Sep 22, 2023--
2023-09-22 19:55
Uber announces chipmaker executive as new chief financial officer
Uber announces chipmaker executive as new chief financial officer
Uber is getting a new chief financial officer.
2023-09-28 08:27
McCarthy Shutdown Turnabout Came With Phone Flurry, Blame Gamble
McCarthy Shutdown Turnabout Came With Phone Flurry, Blame Gamble
Speaker Kevin McCarthy’s decisive moment came Friday night, after a tumultuous closed-door meeting of House Republicans showed once
2023-10-02 06:23