According to corporate filings and information from sources, Amazon has inked “at least a dozen deals” in which publicly traded companies win Amazon as a client for their goods in exchange for so-called warrants, which allows the Big Tech company to buy stock at potentially below-market prices. Over the last 10 years, Amazon has struck 75+ such deals with privately held companies, said one source. Amazon’s stakes in these deals equal “billions of dollars,” in businesses that range from call centers to natural gas providers. Continue reading Warrant Deals Can Result in Amazon Buying Stock in Vendors

In Washington state, governor Jay Inslee just signed a law regulating facial recognition backed by Microsoft that could potentially be a model for other U.S. states. The law allows government agencies to use facial recognition but restricts it from using it for broad surveillance or tracking innocent people. It is more permissive than at least seven U.S. cities that have blocked government use of facial recognition technology due to fears of privacy violations and bias but stricter than states without such laws. Continue reading Washington Inks Facial Recognition Law Backed by Microsoft

Facebook, which has been under scrutiny for its privacy policies, just settled with the U.S. government for a record $5 billion fine. But the FBI has now complicated that picture by more aggressively monitoring potential threats on all social media platforms. Last month, the FBI asked for third party vendors to submit proposals by August 27 for examining public data to “proactively identify and reactively monitor threats to the United States and its interests” on Facebook, Twitter and other social media platforms. Continue reading Facebook, FBI Face Brewing Conflict Over Data Collection

Congress quietly passed controversial legislation last week that was folded into the massive $1.3 trillion spending deal signed by President Trump. The CLOUD Act (Clarifying Lawful Overseas Use of Data Act) enables U.S. investigators to access information stored on overseas cloud servers. New legislation could bring an end to the ongoing battle between law enforcement and major tech players. However, a number of civil liberty and privacy rights groups believe the law could also make it easier for other governments to spy on dissidents and collect data on U.S. citizens. Continue reading New Legislation Increases Government Access to Online Data