Verizon to Pay $350 Million Less for Yahoo Internet Businesses

Verizon and Yahoo announced yesterday plans to move forward with the sale of Yahoo’s core Internet businesses. In the wake of major data breaches at Yahoo, the purchase price has been lowered by $350 million for a new deal valued at $4.48 billion. The companies plan to split future costs related to the data breaches. “The revised agreement,” notes The New York Times, “paves the way for the deal to proceed to a shareholder vote as early as April, although securities regulators are still assessing how Yahoo disclosed information about the breaches to investors.” Verizon is looking to compete with Facebook and Google in digital advertising and, according to The Wall Street Journal, plans to fold Yahoo’s ad tech and websites “into AOL, which Verizon acquired in 2015.” Continue reading Verizon to Pay $350 Million Less for Yahoo Internet Businesses

India Opens its Massive Biometric Database to App Developers

Having created the world’s largest biometric-identity database, India is now opening it up for use by tech firms, healthcare providers and app developers. The country’s government had already culled fingerprints and eye scans, among other digital ID records, of nearly all its 1.2 billion citizens. Now, “India Stack,” a government-backed initiative, plans to standardize the digital exchange of that data. The result will make it easier for citizens to conduct financial transactions, get jobs and verify their identity. Continue reading India Opens its Massive Biometric Database to App Developers

Amazon and Google Look to Turn Home Speakers into Phones

Both Amazon and Google are thinking about turning their respective home speakers — Echo and Google Home — into home telephones. Knowledgeable sources say the tech giants could introduce the feature this year, with the goal of gaining yet more control over consumers’ home lives. But the companies are also finding that it’s not so simple, facing issues related to privacy, telecom regulations and emergency services — as well as the potential that consumers will be wary that their conversations are being recorded. Continue reading Amazon and Google Look to Turn Home Speakers into Phones

Signal App Update Adds Ability to Make Encrypted Video Calls

The Signal app from non-profit Open Whisper Systems provides end-to-end encrypted messaging, voice calling, and now video chatting. The new feature, along with improved voice calling functionality, comes as part of a beta update for the app’s Android and iOS versions. Signal is a popular choice for activists and journalists who need a private communications platform, but it is still struggling to find a foothold in the mainstream because it sacrifices some popular features for security.  Continue reading Signal App Update Adds Ability to Make Encrypted Video Calls

Yahoo Warns Users: Hackers Forged Cookies to Access Data

Yahoo has issued another warning that users’ personal data may have been compromised. In addition to the malicious activity reported in December that involved more than 1 billion user accounts in 2013-2014, following the September report regarding a separate theft of 500 million records, the Internet company is now notifying users that additional accounts were compromised between 2015 and 2016. “The stolen data included email addresses, birth dates and answers to security questions,” reports CNBC. The hacks involved “the use of ‘forged cookies’ — strings of data which are used across the Web and can sometimes allow people to access online accounts without re-entering their passwords.” Continue reading Yahoo Warns Users: Hackers Forged Cookies to Access Data

Court Rules Microsoft Email Surveillance Lawsuit Can Proceed

In April, Microsoft sued the federal government for intercepting its customers’ emails and preventing Microsoft from alerting them. Now, U.S. District Judge James Robart has ruled that Microsoft made a viable argument, but rejects its contention that the government interception is an unlawful search and seizure of property. At the time, federal courts issued Microsoft about 2,600 so-called secrecy orders, and the tech company could not inform its customers, even when the search was over. Continue reading Court Rules Microsoft Email Surveillance Lawsuit Can Proceed

Vizio Settles FTC, New Jersey Lawsuit Against Data Collection

Vizio just agreed to pay $2.2 million to settle a lawsuit filed by the Federal Trade Commission and the New Jersey Attorney General. The lawsuit accused the smart TV manufacturer of using its TVs to track what its owners watched — without their knowledge or consent — and then selling that information to marketing firms. According to the FTC, Vizio began gathering such data in 2014, and even retrofitted smart TVs sold as early as 2010 via a software update, for a total of 11 million TVs. Continue reading Vizio Settles FTC, New Jersey Lawsuit Against Data Collection

Trump Promotes Net Neutrality Opponent Ajit Pai to FCC Chair

President Trump has named Ajit Pai as chairman of the Federal Communications Commission. He will replace Tom Wheeler, who stepped down on Friday. Pai, appointed as an FCC commissioner in 2012 by President Obama, has opposed many of the Commission’s recent initiatives, such as regulating cable mergers, introducing consumer privacy protection, and establishing net neutrality. In a December letter to the leaders of CTIA, NTCA, WISPA, the American Cable Association and Competitive Carriers Association, Pai and fellow commissioner Michael O’Rielly wrote of net neutrality’s “disproportionate impact … on smaller sized broadband providers,” promising to “revisit … the Title II Net Neutrality proceeding … as soon as possible.” Continue reading Trump Promotes Net Neutrality Opponent Ajit Pai to FCC Chair

SEC Opens Investigation into Massive Yahoo Data Breaches

The Securities and Exchange Commission has opened an investigation into Yahoo’s highly-publicized data breaches and whether the company should have disclosed the massive hacks earlier. “The SEC requires companies to disclose cybersecurity risks as soon as they are determined to have an effect on investors,” reports The Wall Street Journal. Yahoo’s 2014 breach, disclosed in September 2016, involved data from at least 500 million users. In December 2016, the company revealed that more than 1 billion Yahoo user accounts had been breached in 2013. “The SEC has investigated multiple companies over whether they properly disclosed hacks,” notes WSJ, especially after the 2013 Target breach “that compromised up to 70 million credit and debit-card accounts.” Continue reading SEC Opens Investigation into Massive Yahoo Data Breaches

Google Key Transparency Project to Boost Messaging Security

To improve encryption, Google has launched an open source project, Key Transparency, a follow-up to its Certificate Transparency, both of which focus on the need to verify the authenticity of the person or server the user believes he is connecting to. Keybase, a collection of verified users and their “cryptographic credentials” is one solution, but Google now wants to ascertain that the contacts are verified systematically and are privacy-protected, by having the address “double-check” itself. Continue reading Google Key Transparency Project to Boost Messaging Security

LG Goes Big on Wi-Fi-Connected Appliances, Robots at CES

At CES 2017, LG stated that this year all of its home appliances will include “advanced Wi-Fi connectivity.” One flagship product is its Internet-connected Smart InstaView Refrigerator that supports Amazon’s Alexa; no price has been announced. Features of the webOS appliance include stickers and tags to be attached to items in the refrigerator, which will signal the consumer when a food item in question is about to expire, and the ability to remotely view the inside of the refrigerator via a camera mounted inside. Continue reading LG Goes Big on Wi-Fi-Connected Appliances, Robots at CES

New Name for Yahoo After Verizon Sale, CEO to Leave Board

Yahoo announced that board members, including CEO Marissa Mayer and co-founder David Filo, would step down from the board of directors once the company’s core Internet assets are sold to Verizon. What remains of the company after the sale is completed would be renamed Altaba (combining “alternate” and “Alibaba”). “Altaba’s remaining assets include Yahoo’s stake in Alibaba Group Holding Ltd. and Yahoo Japan,” reports The Wall Street Journal. Board member Eric Brandt, former CFO of Broadcom, will become Altaba’s chairman. Mayer “is expected to remain with Yahoo once it becomes part of Verizon.” The deal will cost Verizon about $4.8 billion, unless terms are changed due to two recent high-profile hacks of user data.  Continue reading New Name for Yahoo After Verizon Sale, CEO to Leave Board

Panel Weighs Possibility of a Single Global Drone Regulation

A CES 2017 panel on drones and regulation, led by CTA vice president of tech policy Doug Johnson, brought together representatives from the U.S., U.K., Mexico and Singapore. By the time the session was over, Jaime Reyes Robles, secretary of innovation, science and technology for the state of Jalisco in Mexico, had exchanged cards and the possibility for meetings with Federal Aviation Administration’s Marke “Hoot” Gibson and Amazon vice president for global innovation policy and communications Paul Misener. Continue reading Panel Weighs Possibility of a Single Global Drone Regulation

AIG Report on Global Data Sharing: Benefits Outweigh Risks

AIG executive vice president/chief executive of commercial Rob Schimek described some of the data contained in the company’s 2017 global survey on data sharing. AIG’s first report, in collaboration with CEA (now CTA), was published in 2015, followed by a 2016 report on case studies of large companies. The 2017 report, says Schimek, which includes a foreword by Mike Abbott of Kleiner Perkins Caufield & Byers, looks at data sharing innovation, technology and risk. “We’ve seen the benefits outweigh the costs and risks,” said Schimek. Continue reading AIG Report on Global Data Sharing: Benefits Outweigh Risks

Fitness Wearables Evolve from 10,000 Steps to New Features

Fitness wearables have exploded in number over the last two to three years. The industry has seen some consolidation, and predictions just prior to CES 2017 were that wearables were no longer the hot category of yesteryear. A panel on fitness trackers, moderated by KTLA-TV reporter Rich DeMuro (himself the owner of multiple fitness trackers), proved that assessment to be simplistic. Fitness trackers in particular are evolving beyond 10,000 steps into new territory, including the ability to intelligently track your heart rate. Continue reading Fitness Wearables Evolve from 10,000 Steps to New Features

Page 1 of 2012345678910...20...»