Showing posts with label FEDERAL TRADE COMMISSION. Show all posts
Showing posts with label FEDERAL TRADE COMMISSION. Show all posts

Monday, 16 September 2019

Not a good idea to break up biggest US tech companies, says Bill Gates

Microsoft is one of the few big U.S. technology companies not under regulatory scrutiny in Washington
Bill Gates, Microsoft
Bill Gates, who knows a thing or two about antitrust investigations, doesn’t think it’s a good idea to break up the biggest U.S. tech companies as some politicians have suggested.
The Microsoft Corp. co-founder and former chief executive officer battled the Justice Department for years in the late 1990s in a bruising antitrust case. At issue was the software giant’s bundling of its Internet Explorer browser to Windows as a way to maintain its dominance in PC operating systems. Ultimately Microsoft remained intact.
Two decades later, Microsoft is one of the few big U.S. technology companies not under regulatory scrutiny in Washington. The Justice Department, the Federal Trade Commission, state attorneys general and a congressional committee are all scrutinizing so-called Big Tech — companies from Alphabet Inc.‘s Google to Facebook Inc. and Amazon.com Inc. — that Washington has concluded have gotten too big and too powerful. Senator Elizabeth Warren, a presidential candidate, has made a forceful and detailed plan about how she would go about breaking them up.
Gates disagrees. “You have to really think; is that the best thing?” Gates said in an interview on Bloomberg TV. “If there’s a way the company’s behaving that you want to get rid of, then, you should just say, ‘Okay, that’s a banned behavior.’ But splitting the company in two, and having two people doing the bad thing– that doesn’t seem like a solution.”

Monday, 4 June 2018

Facebook violates privacy policy, allows phone makers to access users' data

While the device partnerships allowed Facebook to expand its reach, it let the phone makers offer customers popular features of the social network



Raising fresh concerns about Facebook's privacy protection policies, a New York Times report has exposed how the social network allowed about 60 device makers, including Apple and Samsung, to access personal information of users and their friends.

Even before Facebook apps were widely available on smartphones, Facebook had data-sharing partnerships with the device makers, the report said citing company officials, adding that most of the deals remain in effect.

While the device partnerships allowed Facebook to expand its reach, it let the phone makers offer customers popular features of the social network, such as messaging, "like" buttons and address books.

The deals raise concerns about the company's privacy protections and compliance with a 2011 consent decree with the US Federal Trade Commission (FTC), The Times said.

Facebook, which is already under scrutiny for misuse of millions of its users' data after the Cambridge Analytica data leak scandal became public, reportedly allowed the device companies access to the data of users' friends without their explicit consent.

While Facebook's leaders said that the kind of access exploited by the political consulting firm in 2014 was cut off by the next year as it prohibited developers from collecting information from users' friends.

But the company officials did not disclose that such restrictions were not applicable to makers of cellphones, tablets and other hardware, the report said.

However, Facebook officials denied the device partnerships violated its privacy policies, the FTC agreement and pledges to users.

They said its partnerships were governed by contracts that strictly limited use of the data, including any stored on partners' servers, adding that they knew of no cases where the information had been misused.

"These partnerships work very differently from the way in which app developers use our platform," Ime Archibong, a Facebook vice president was quoted as saying.

14th BRICS summit to review current global issues, reach key agreements

  At the   14th BRICS summit   which is to be hosted by China in a virtual mode on 23-24 June, the member nations will review the current gl...