Amazon’s Ring Allowed Sharing Video Request Without Consent

Ring, Amazon’s video doorbell and home security firm is legally allowed to share video requests in “emergencies” without users’ consent. In 2022 alone, Amazon’s Ring gave video footage to police in more than ten cases without users’ consent, and sometimes without a warrant. Privacy advocates from organizations such as the Electronic Frontier Foundation say the […]

Google Launches ‘Simplicity Sprint’ To Get Employee Feedback On Efficiency

Google CEO Sundar Pichai unveiled a new effort called “Simplicity Sprint,” which will gather ideas from its 174,000-plus employees on where to focus and how to improve efficiency. Pichai said the company will open the door to employees by August 15 to share their ideas through an internal survey that asks if management can reach […]

What Tech Leaders Need To Know About The Algorithmic Accountability Act

The Algorithmic Accountability Act requires all companies that use AI to conduct critical impact assessments of the automated systems they use and sell under the terms of the Federal Trade Commission (FTC). In particular, the draft law aims to eliminate biases caused intentionally by companies and by incomplete data from a sufficiently diverse data source. […]

Amazon And Apple Quarterly Results Boost Investors’ Confidence

The quarterly results from Apple and Amazon have helped bolster investor confidence, despite the uncertainties looming from the economic downturn. Together, Apple and Amazon have increased their market value by about US$175 billion. Amazon’s shares rose about 11% to US$135.50 after the company forecast higher-than-expected third-quarter revenue. Apple’s shares rose more than 3% after the […]

U.S. FCC Opens Bid To Promote 5G Wireless Growth

The U.S. Federal Communications Commission (FCC) announced that it has now opened bids for its latest auction of mid-band spectrum auction. The auction is aimed at boosting the country’s next generation of 5G wireless services, with about 8,000 licenses for the 2.5 GHz spectrum band being auctioned in rural parts of the United States. U.S. […]

Bitcoin Rises 3.4% To US$24,584

Bitcoin, the world’s largest cryptocurrency, jumped 3.36% to US$24,584.24 on Saturday, trading at US$798.93 above its previous closing price. Ether, the coin linked to the Ethereum blockchain network, rose 0.61% to US$1,734.08 on Saturday, adding US$10.46 to its previous closing price. The 3.36% rise in Bitcoin’s value means the cryptocurrency is now 39.7% from the […]

U.S. Create Rules For Beneficiaries Of Chip Funding 

The U.S. Commerce Department has announced plans to limit the size of government subsidies for semiconductor production. The Commerce Department said that the award to chip companies will be “no larger than is necessary to ensure the project happens here in the United States.” The effort is therefore aimed at “race-to-the-bottom subsidy competitions between states […]

Zuckerberg Admits Pandemic Era Triggered Meta’s Optimistic Growth

At a company-wide meeting on Thursday, Meta chief executive Mark Zuckerberg admitted he was optimistic about the company’s growth after the huge profits it made during the pandemic era. As a result, the company took several measures that are the subject of debate today, including aggressive hiring and ignoring the possibility of an economic downturn. […]