As FTC cracks down, data ethics is now a strategic business weapon

Daniel Wu Contributor Dan Wu is a privacy counsel and legal engineer at Immuta. He holds a JD from Harvard University, and is a PhD candidate for Social Policy and Sociology at The Harvard Kennedy School. More posts by this contributor Beyond costs, what else can we do to make housing affordable? Market map: the […]

Facebook reportedly gets a $5 billion slap on the wrist from the FTC

The U.S. Federal Trade Commission has reportedly agreed to end its latest probe into Facebook‘s privacy problems with a $5 billion payout. According to The Wall Street Journal, the 3-2, party-line vote by FTC commissioners was carried by the Republican majority and will be moved to the Justice Department’s civil division to be finalized. A $5 […]

US retail group offers to help antitrust investigators in going after Amazon and Google

A leading U.S. retail group, whose members include Walmart, Target, Best Buy and others, has penned a letter to the Federal Trade Commission that details its concerns over big tech companies’ dominance. The letter specifically calls out Amazon and Google for their control over the majority of internet product searches, how price and product information […]

Alphabet, Apple, Amazon and Facebook are in the crosshairs of the FTC and DOJ

The last time that technology companies faced this kind of scrutiny was Google’s antitrust investigation, or the now twenty-one year old lawsuit brought by the Justice Department and multiple states against Microsoft. But times have changed since Google had its hearing before a much friendlier audience of regulators under President Barack Obama . These days, […]

Alexa, does the Echo Dot Kids protect children’s privacy?

A coalition of child protection and privacy groups has filed a complaint with the Federal Trade Commission (FTC) urging it to investigate a kid-focused edition of Amazon’s Echo smart speaker. The complaint against Amazon Echo Dot Kids, which has been lodged with the FTC by groups including the Campaign for a Commercial-Free Childhood, the Center […]

SoFi launches gig-focused ETF

SoFi is one of the leading fintech startups to emerge from San Francisco and breach the financial markets. Originally started as a way to better finance student debt, it has since expanded to include products targeted at personal loans and home loans. Today, the company announced a new exchange-traded fund (ETF) product focused on the […]

Democrats draw up bill that would require tech platforms to assess algorithmic bias

Democratic lawmakers have proposed a bill to address the algorithmic biases lurking under the surface of tech’s biggest platforms. The bill, known as the Algorithmic Accountability Act, was introduced by Senators Ron Wyden (D-OR), Cory Booker (D-NJ) and Representative Yvette Clarke (D-NY) will sponsor parallel legislation in the House. The bill is well timed. Over […]

Venture investors and startup execs say they don’t need Elizabeth Warren to defend them from big tech

Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. Warren’s plan called for regulators to be appointed to oversee the unwinding of several acquisitions that were critical […]

UK parliament calls for antitrust, data abuse probe of Facebook

A final report by a British parliamentary committee which spent months last year investigating online political disinformation makes very uncomfortable reading for Facebook — with the company singled out for “disingenuous” and “bad faith” responses to democratic concerns about the misuse of people’s data. In the report, published today, the committee has also called for […]

Apple is selling the iPhone 7 and iPhone 8 in Germany again

Two older iPhone models are back on sale in Apple stores in Germany — but only with Qualcomm chips inside. The iPhone maker was forced to pull the iPhone 7 and iPhone 8 models from shelves in its online shop and physical stores in the country last month, after chipmaker Qualcomm posted security bonds to enforce a […]