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REUTERS/Yuri Gripas LONDON (Reuters) – British regulators are investigating Jes Staley, the chief executive of Barclays, and the bank itself over a whistleblowing incident, the bank said on Monday. The Financial Conduct Authority and the Prudential Regulation Authority are looking into an attempt by Staley last year to identify the author of a letter that […]
Uber announced this evening that it will stop using it’s “greyballing” tool to prevent local regulators and law enforcement from catching the company violating local taxi regulations. Earlier this week, The New York Times revealed that the company was using its “Greyball” program around the world to stop a variety of classes of individuals from […]
Days after Uber’s ‘greyballing’ technology that hides the standard city app view for specific riders was revealed, the company announced it was reviewing its usage and said moving forward it is “expressly prohibiting its use” in targeting local regulators. However, it cautioned that it will take “some time” to ensure that the ban on such […]
REUTERS/Shannon Stapleton Uber will no longer use its “Greyball” tool to explicitly target authorities, according to a new statement from its Chief Security Officer, Joe Sullivan. “We have started a review of the different ways this technology has been used to date. In addition, we are expressly prohibiting its use to target action by local […]
GUEST: Smart-television maker Vizio agreed to pay a penalty this month for spying on 11 million customers. According to the Federal Trade Commission, the company captured second-by-second information on what customers viewed, combined it with their gender, age, and income, and sold it to third parties. How much was the fine for Vizio, which has sales in excess […]
