The settlement, approved by the Federal Trade Commission in a 3-2 vote, was announced this week. A complaint filed by the agency accused Zoom of deceiving users over security since at least 2016. It said the company held on to cryptographic keys that allowed it to access content from its customers’ meetings, and secured meetings with a lower level of privacy encryption than it promised customers.
Zoom has become a staple during the coronavirus pandemic because it allows people to meet online rather than in person. The company claims some 300 million users, boosted by the tens of millions of workers around the world who were suddenly ordered to work from home in the spring as the virus outbreak shut down wide swaths of the economy.
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Health The growing influence of Apple on healthcare
In a 2019 interview with Mad Money’s Jim Cramer, Apple CEO Tim Cook said: “If you zoomed out into the future, and you look back, and you ask the question, ‘What was Apple’s greatest contribution to mankind?’” After a short pause, he answered his own question: “It will be about health.” Two years on, his vision is already becoming a reality for the company.
COLLINS DICTIONARY PICKS NFT AS WORD OF THE YEAR 2021
Collins Dictionary has chosen the term NFT as its word of the year after surging interest in the digital tokens that can sell for millions of dollars brought it into the mainstream.
NEW TWITTER CEO STEPS FROM BEHIND THE SCENES TO HIGH PROFILE
Newly named Twitter CEO Parag Agrawal has emerged from behind the scenes to take over one of Silicon Valley’s highest-profile and politically volatile jobs.
COGNIZANT CEO DISCUSSES FIERCE BATTLE FOR TECHNOLOGY TALENT
Digital services have become more important than ever since the pandemic began in early 2020, and that’s meant big business for major technology companies.
NISSAN INVESTING IN ELECTRIC VEHICLES, BATTERY DEVELOPMENT
Nissan said this week it is investing 2 trillion yen ($17.6 billion) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup.
MISSISSIPPI UNVEILS MOBILE ID PROGRAM: AN APP FOR PHONES
Mississippi is unveiling a new app that’s designed to store someone’s driver license on their phone.
OUTDOOR DECORATING TRENDS: NATURAL, COZY, SUSTAINABLE
Home, as we know, has become more central to many of us during the pandemic, and that means outdoors as well as in. This holiday season, designers and retailers have suggestions for updating window, door and yard decorations.
OMICRON UNRAVELS TRAVEL INDUSTRY'S PLANS FOR A COMEBACK
Tourism businesses that were just finding their footing after nearly two years of devastation wrought by the COVID-19 pandemic are being rattled again as countries throw up new barriers to travel in an effort to contain the omicron variant.
SPACE JUNK FORCES SPACEWALK DELAY, TOO RISKY FOR ASTRONAUTS
NASA called off a spacewalk Tuesday because of menacing space junk that could puncture an astronaut’s suit or damage the International Space Station.
‘BUY NOW, PAY LATER' CATCHES ON JUST IN TIME FOR HOLIDAYS
As Americans shop for the holidays, they will likely see a swarm of offers to get their gifts now but pay for them later in fixed monthly installments.
The New Fighter At the CFPB
Rohit Chopra wants to know more about tech companies’ plans for financial products
FTC ORDERS COMPANY TO QUIT SURVEILLANCE APP BUSINESS
The Federal Trade Commission has for the first time banned a company that makes so-called stalker were — software used to surreptitiously track a cellphone user’s activities and location — from continuing in the surveillance app business.
Can Justice Be Served On Zoom?
COVID-19 has transformed America’s courts.
This Watchdog Looks Feisty Again
Under new management, the CFPB is knocking on banks’ doors and asking questions
The FTC's Feeder School
Laissez-faire George Mason University built a tech-funded pipeline to regulators, critics say
The Group Portrait: Running Zoom on Zoom
How this group of executives managed a period of explosive growth while working from their own platform.
Tech boomed during the pandemic. It may not last
AGENCY HOMING IN ON SOCIAL MEDIA COMPANIES' DATA COLLECTION
Federal regulators are ordering Facebook, Twitter, Amazon, TikTok’s parent and five other social media companies to provide detailed information on how they collect and use consumers’ personal data and how their practices affect children and teens.
A Tale of Two Antitrust Battles
The U.S. government’s case against Facebook is bold; its case against Google, by the book
US GOVT, STATES SUE FACEBOOK FOR ‘PREDATORY' CONDUCT
The U.S. government and 48 states and districts sued Facebook Wednesday, accusing it of abusing its market power in social networking to crush smaller competitors and seeking remedies that could include a forced spinoff of the social network’s Instagram and WhatsApp messaging services.