Third party contractors transcribed Facebook’s audio data

Tech companies are coming under increasing scrutiny over data privacy issues revolving around their voice assistants. According to a report from Bloomberg which cites sources familiar with the matter at hand, Facebook Inc has been paying outside contractors to transcribe audio clips from subscribers of its services. In a statement, Facebook confirmed that it had…

Scout24 to review its auto platform following pressure from Elliot Management

Scout24 will update investors on its review on November 26. Elliot is also pushing Scout24 to ramp up its share buyback program. On Tuesday, Scout24, a German classified listings group stated it would explore options for its autos platform following pressure from activist investor Elliott Management to sell the business. “We have commenced a strategic…

Does “Amazon’s Choice” badge deceive consumers: U.S. Senators

Amazon is being pressured into being more transparent with its system of awarding the “Amazon’s Choice” badge onto certain products. In a development pregnant with multiple outcomes the sum of which may not favor Amazon.com Inc, two U.S. senators have questioned Amazon.com Inc’s Chief Executive Jeff Bezos on how it awards the “Amazon’s Choice” badge…

Hackers warm up to carmakers at the DEFCON cyber security conference at Las Vegas

With vehicles getting increasingly digital, carmakers are warming to White Hat cyber security professionals who scour for vulnerabilities in transportation systems before Black Hat hackers exploit them for commercial or other gains. In a significant development, carmakers are boost efforts to discover lurking vulnerabilities in their increasingly digital car offerings from helpful and friendly hackers.…

Apple offers up to $1 million for remote access exploit for iPhones and cloud-based backups

Apple launched the challenge at the annual Black Hat security conference in Las Vegas. In order to remove exploitable vulnerabilities from its mobile operating system, Apple Inc has announced a bounty of up to $1 million to cyber security researchers who detect flaws in iPhones. This is the largest ever reward Apple has offered to…

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Salesforce acquires Israeli software developer ClickSoftware for $1.35 billion

Salesforce sees synergy in the deal as it would help it accelerate the growth of its Service Cloud platform. On Thursday, U.S. cloud-based service provider Salesforce stated, it has signed an agreement to acquire ClickSoftware, an Israeli software developer, for $1.35 billion in cash and shares. The acquisition of ClickSoftware, which makes cloud-based field service…

Russian antitrust authorities investigating Apple Inc over abusing its market dominance

The development revolves around a highly invasive technology called Mobile Device Management. On Thursday, antitrust authorities in Russia disclosed, they have begun investigating Apple Inc following a complaint from cybersecurity firm Kaspersky Lab that Cupertino may be abusing its dominant market position. Russia’s FAS stated it was investigating why a new version of Kaspersky Lab’s…

AMD’s expands marketshare with its latest second generation EPYC server chip

Although Intel’s server chips will be launched next year, industry experts opine that machine learning features along with better memory management techniques could provide Intel the edge. Having said that, competition in the server chip space is always good since it lowers cost and improves efficiency. On Thursday, Advanced Micro Devices Inc stated, following the…