French tech giant Dassault to buy health software company Medidata in $5.8 billion deal

Dassault said it was offering $ 92.25 per share for Medidata, a slight discount to Medidata Solutions' closing price of $ 94.75 on June 11.
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How Haley Kalil went from lab tech to Sports Illustrated swimsuit model

Haley Kalil always wanted to be a model. But until recently, she was convinced it was never, ever going to happen. “When I was little, I watched ‘America’s Next Top Model,’ and would practice all the poses on the playground,” the 26-year-old said on the set of her photo shoot for The Post. “But I…
Fashion News, Photos, and Video | New York Post

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Tech investor backing bid to buy W magazine from Condé Nast

Tech investor Eric Crown is backing a bid by Marc Lotenberg, chief executive of Surface Media, to buy glossy fashion title W magazine from Condé Nast, according to a well-placed source. Crown, a prominent GOP donor who heads Tempe, Ariz.-based AZ Crown Investments, did not return a call or email seeking comment Friday. Meanwhile, Adam…
Media | New York Post

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A$AP Ferg ft. A$AP Rocky “Pups,” Tech N9ne ft. Krizz Kaliko & Jelly Roll “EF U” & More | Daily Visuals 5.16.19

Tech N9ne

Source: photo: WENN

It’s been a minute since we’ve seen a video where the A$ AP Mob get together to form like Megazord (Wu-Tang Clan reserved the Voltron metaphor for themselves decades ago) but today fans get the next best thing as the groups two most well known artists get together for a new joint.

Hopping on a DMX “Where My Dogs At” sampled track, A$ AP Ferg and A$ AP Rocky put it down at an underground jam with an audience as diverse as can be in their visual for “Pups.”

Tech N9ne meanwhile tackles to the subject of suicide and finds himself in a mental institution to deal with his demons in the Krizz Kaliko and Jelly Roll assisted clip to “EF U (Easier For You).”

Check out the rest of today’s drops including work from Tom G., Millyz, and more.

A$ AP FERG FT. A$ AP ROCKY – “PUPS”

TECH N9NE FT. KRIZZ KALIKO & JELLY ROLL – “EF U (EASIER FOR YOU)”

YUNG HONCHO FT. NOCAP & KEVO MUNEY – “UPSET”

TOM G. – “JOHNNY GILL”

MILLYZ – “THE PROM”

70TH STREET CARLOS & SAUCE WALKA – “DRIP ON 70TH STREET”

The Latest Hip-Hop News, Music and Media | Hip-Hop Wired

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Less to lose: Germany’s poorer East embraces tech revolution

From the 12th floor of Jenoptik’s headquarters, chief executive Stefan Traeger points to his laser factory and the university that provides it with talent. Welcome to “Optics Valley” – a role model for Germany’s East in a big year for the region.


Reuters: Business News

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Scouted: This Mother’s Day, Get Real and Update Your Mom’s Tech, From Wearables to Doorbells and More

Mother’s Day gifts are hard to figure out unless you stop and consider all the way you could take your mom’s tech to the next level. From what’s in her home to what’s on her person, there are many products that are affordable, functional, and stylish and that will help her in the modern age.

Google and Amazon Smart Home Assistants, $ 29 to $ 100: Whether her home leans Amazon or Google, it’s high time you invested in your mom’s ability to utilize the best smart assistants have to offer. And with increasing competition between the two smart device behemoths Amazon and Google, you’ve got competitive and similar pricing, both of them reducing prices on all the devices. While a $ 100 full-sized Google Home or Amazon Echo is a great deal, you can certainly start her off with a more affordable $ 30 Google Home Mini or Amazon Echo Dot.

Read more at The Daily Beast.

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http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

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The Money Snapshot: A 32-Year-Old Tech Support Worker Shares Thoughts on Budget Tracking

graphic of various money-related icons with text on top reading A 32-Year-Old Tech Support Worker Shares... Her Money Snapshot

Presenting our fourth “money snapshot,” this time with a tech support worker in Kansas! She notes: “Our decision to move from L.A./Orange County to Kansas City … [has] been probably the biggest factor in allowing us to improve our lifestyle and financial standing. When I told one Californian friend what I paid for my 3BR house, she literally fell over. It’s an enormous difference for the cost of living.”

By way of background: We got a few requests from readers to launch our own “money diary” series, so we’ve asked willing readers to fill out a form with lots of details about debt, spending, saving and more! If you’d like to fill out the form and be considered for a future personal money snapshot, please click here to submit your response! You can see a PDF of the questions if you want to review them ahead of time. See others in the Personal Money Snapshot series here.

Please remember that this is is a real person who has feelings and isn’t gaining anything from this, unlike your usual friendly (soul-deadened, thick-skinned, cold-hearted, money-grubbing) blogger — so please be kind with any comments. Thank you! — Kat

Name: Aerin
Location: Overland Park, KS (suburb of Kansas City)
Age: 32
Occupation: Tech support worker 
Income: $ 58,300
Partner’s age: 37, works as a technical trainer
Household income:
$ 115,000
Net worth: House is worth about $ 190K, have about $ 55K in retirement/savings. My husband also has savings accounts; don’t know his totals.
Net worth when started working: My very first job was babysitting at 14, so I didn’t have much net worth one way or another. I graduated college at 23 with about $ 11K in student loans and $ 5K in credit card debt.
Current debt: $ 1K credit card, $ 4K on car, $ 1K student loans, $ 138K balance on mortgage, $ 25K on personal loan
Living situation: Own, pay $ 1,100 mortgage

Is there anything else we should know about you?
Personal loan was to consolidate credit cards and financing for a major home repair, plus a bit of a slush fund for further home improvements. That total also includes the financing for our bed, which we got at 0% interest.

Also, my parents and I were in a commercial when I was a baby, doing one of those customer testimonial things. Commercial money is kind of insane, because you get paid every time it airs. I had to pay taxes as an infant! That money helped set up savings accounts for me and my siblings, and was the seed of what my parents later contributed toward a down payment for my house (about $ 5K by the time I cashed it in).

Debt

What does your debt picture look like?
I have some student loans, not a ton. My husband has more, but he handles that separately. I ran up some credit card debt in college due to some emergencies/large expenses that took me a while to pay off. Recently I had to carry a balance on one of my cards due to a large vacation.

How much money are you spending each month to pay down debt?
$ 100–$ 200 for credit card beyond regular use (see below), $ 70 for student loans, $ 177 for car payment, $ 1,200 for mortgage, $ 560 for personal loan.

How did you pay for school?
My school had a very generous aid package, and a commitment to ensure that any student they accepted could attend, regardless of what they could pay. For the first year and a half or so, my dad was contributing to the tune of maybe $ 6K/year. Then my sister was in a serious car accident that required two months in the ICU and several follow-up surgeries. He talked to the school and they eliminated his contribution, replacing it with grants. Student loans were a small percentage of aid to begin with, but then my senior year the school made headlines by removing loans from the package altogether. Beyond that, I had a work-study job, and worked an additional part-time job for about half my time there, which covered day-to-day expenses, travel, books, that sort of thing.

Have you paid off any major debt?
I had three separate student loans in my package. Two of them are paid off, and the third should be cleared in 2019. I also cleared a credit card by paying it down by an extra $ 100 each month. (So if the balance had been $ 1,900, then usage + interest brought it to $ 2,050, I would pay $ 250 to bring the balance down to $ 1,800.)

Home debt: 
We pay $ 100 more than the minimum. We looked at what we were paying in rent and tried to keep our mortgage payment similar. We ended up spending more than we hoped, but still less than we got approved for. Paying off the mortgage faster is a nice idea, although we plan to sell this house which would start the clock over anyway.

Have you ever done anything noteworthy to avoid or lessen debt?
The debt consolidation loan was kind of a big deal. It lowered the interest rates on some of my debt pretty substantially. And, of course, it just felt really good to zero out those other accounts. Oh, and I can’t forget our decision to move from L.A./Orange County to Kansas City. That was entirely financial — we had outgrown our one-bedroom apartment, and our options were to get a roommate, get second jobs, cut our expenses significantly, or move someplace cheaper. We opted for the last one, and it’s been probably the biggest factor in allowing us to improve our lifestyle and financial standing. When I told one Californian friend what I paid for my 3BR house, she literally fell over. It’s an enormous difference for the cost of living.

Thinking of making a move like Aerin’s but worried about leaving behind big-city life? We asked her to pass on some advice: 

It’s funny, I actually do a lot more in Kansas City than I did in L.A. — we’re members of the zoo and had season tickets for the symphony and the Broadway series for the past couple of years (although we’re not renewing either), plus we do a fair number of concerts, author events, and conventions. In L.A., we had annual passes for Disneyland and … that was about it. We have the time (thanks to a commute that’s over an hour shorter each way) and disposable income to do things we just couldn’t there. I’ve always lived in cities (well, suburbs of major metros) so I don’t think I’d do well in a legitimately small town. But I’ve found that basically if a city is large enough to support an airport, it’s likely going to have a decent selection of good restaurants and cultural offerings. I mean, Des Moines has a better Broadway series than KC does for next season! There are still some specific things I miss (returning to In-N-Out is the closest I get to a religious experience), but on the whole the trade-offs have been worth it.

The deal I made with my husband when we first talked about moving was that if we weren’t happy, we could just save aggressively for a couple of years and be better positioned to move back. It helped that we didn’t have kids, and that he was able to transfer within his company so we retained his income and our insurance for the transition. I’m open to making a big move again if the right opportunity comes up, but we’re more settled now, so the bar for that would be pretty high.

Savings, Investments & Retirement

How much do you save for retirement?
I contributed $ 3,600 this year. My company matched that, plus an additional 1% of my salary.

How much money do you allocate to other tax-savvy investments/accounts?
None. I know my husband has an FSA, though.

How much do you save outside of retirement accounts?
I have a $ 25 monthly savings transfer that I set up in college and still use. I also have a keep the change program that rounds up my purchases to the nearest dollar and moves that to savings. Beyond that, I allocate money to savings as I can when dividing up paychecks.

Do you have/use a financial adviser or planner? 
I just use the default for my retirement plan. I don’t really have enough of anything else to do any serious investing.

Do you have an end goal for saving or are you just saving for a rainy day?
Mostly I like to save for a rainy day. We also tend to save up for large purchase/projects, especially vacations.

What’s the #1 thing you’re doing to save money, limit spending, or live frugally?
I try to avoid purchasing things until I have the cash on hand to do it. I also try to price compare and find good sales. We lived paycheck to paycheck when I was growing up (we were pretty solidly middle class, but my mom kept the regular expenses extremely tight to allow for spending/safety nets in other areas) so I learned a lot of tricks and a frugal mindset that way.

We asked Aerin to share some more money-saving strategies she’s learned:

When we were kids, my mom made us divide our money into 50% savings, 20% gifts, 30% spending. So this acquainted me with splitting early on, but I kind of resented not getting to keep much of my money. So when I wanted to buy a laptop in high school, I ended up sort of skimming off myself — if I made $ 17 babysitting, I’d hand over $ 15 and squirrel away the other $ 2 in a hidden spot. I found it easier to get my head around saving up for something specific than for its own sake. That’s still largely how I operate, very goal-oriented.

The other big thing I remember is her teaching us the importance of tracking expenses. Once we were about junior-high age, she gave each of us kids an equal envelope of cash and took us back-to-school shopping for clothes and supplies, where we’d each pick out and pay for our own stuff. The trick was, we didn’t go to Walmart for supplies until very last. So if you didn’t hold back enough money to pay for a new backpack or binder, you were stuck using last year’s. Definitely a hands-on lesson! Another time she and I went on a long weekend trip to visit the campus of my first-choice college, and she put me in charge of writing down every penny we spent. Seeing how little stuff could add up was very enlightening.

How much do you have in cash that’s available today?
$ 3K in my personal account, $ 4K in joint account. My husband maintains a separate personal account; I don’t know his total.

How much do you have in cash that’s available in a week?
$ 1,200 in personal savings, $ 4K in joint savings.

How much is in your “emergency fund,” and where do you keep it?
Savings accounts as noted above. Some money in the regular accounts is allocated for specific larger expenses as needed (like medical bills or car stuff).

How much do you have in retirement savings?
$ 50K; don’t know about my husband’s.

Spending 

How much do you spend on the following categories on a monthly basis?

Groceries: $ 400
Restaurants, bars, takeout, and delivery: 
$ 300
Clothing and accessories: $ 30
Transportation: $ 200 (car payment; car is fully electric, so charging costs are minimal)
Rent/living expenses: $ 1,100
Entertainment: $ 150
Other major expenses: If I’m working on a major sewing/craft project, that can eat up a lot of cash. (I do have an Etsy shop, and it’s not something I would consider a full-on side hustle, but it usually brings in enough to pay for supplies for the next project and keeps that stuff from cluttering up the house. The downside is it means I tend to pick projects with an eye toward inventory rather than fun or challenge.) We also allocate about $ 50/month for pet expenses. 
Health care — premiums and other costs: $ 3.300/year medical, $ 130/year dental, $ 280/year vision, all for me and my husband. I probably spend about $ 1,000/year outside of coverage for things like chiropractor (not covered), co-pays, tests, that sort of thing.

What’s your spending range for these things? What’s your average?

Vacations – Range: $ 1,000–$ 8,000 
Vacations – Average:
$ 4,000

Charity – Range of Donations: $ 10–$ 200
Charity – Average Donation:
$ 30/monthly recurring donations, $ 10–20 here and there when I can

Individual items of clothing – Range: $ 5–$ 300
Individual items of clothing – Average: It hurts me to spend more than $ 20 on a single item of clothing. I do a lot of thrifting. One thing I do spend more on is coats.

Apartment or house – Current main residence: Purchased at $ 153K

Car or other vehicle – Range: $ 2,000–$ 10,000
Car or other vehicle – Last purchase / current main vehicle: $ 8,000

Any other large personal expenses? 
Lawn care $ 75/month (although we’re probably gonna get rid of that).

We asked Aerin to comment on whether she’d like to spend less (or more) on any of the categories listed: 

I’d really like to get our food costs down. We’ve been experimenting with a few different things for that, but everything at the grocery store is getting so expensive that it’s tricky. And I’m always trying to find extra money to throw at the vacation fund.

Fill in the blank on this question: I could save _____ if I stopped ______, but I don’t because _______.
I could save a decent chunk on groceries if I cut coupons and planned my meals better, but I don’t because I just don’t have the time or energy.

When was your wedding, how much did it cost (total), and how much did YOU pay? 
2010, cost $ 7K, my parents contributed about $ 4K

Tell us about your wedding: 
We cut down the guest list to literally the people in the wedding, their spouses, and any other family on the same tier. (So my husband’s uncle performed the ceremony, so we also invited the uncle’s siblings but not other aunts and uncles. He’s closer to his extended family than I am to mine, so this gave us a clear way to draw lines.) Total was about 40 people. Since my family is scattered all over, we got married in Las Vegas to make the travel easier. We booked a huge suite with a great view at Mandalay Bay, and that’s where we did the welcome dinner, rehearsal lunch, ceremony, and reception. When our caterer asked for my budget I told him $ 35/person, figuring I could go up as high as $ 50/person plus booze. He came back with a cocktail menu including beer/wine/soda for $ 35. The food was great, and that allowed us to cater the other meals plus take everyone to a breakfast buffet the next day.

We did a bunch of other stuff to cut down on expenses. My gown was $ 250 at David’s Bridal, marked down because it had been discontinued. I spent nine months making roses out of book pages. Instead of a regular cake, we did cookie cakes on a tiered display I designed and built. (That one got featured on CNN!) I spent ages scouring eBay for things like bridal party gifts (my side each got a nice leather-bound copy of Grimm’s Fairy Tales), cake topper, shoes, jewelry, etc. Photographer and videographer were both friends who gave us good rates. The one place we didn’t skimp on was the rings, since we figured that was one of the few things we’d still have after the day was done. Those cost about $ 1K each.

Basically, we wanted to put our money toward showing everyone a really good time. We knew that traveling was expensive and annoying, so we wanted to make sure our guests were well cared for while they were there. The whole affair was pretty relaxed and we got to see nearly everyone outside the wedding itself, so it was pretty successful in that regard. And we did so well on the cost of the wedding that we had about $ 3K left over to pamper ourselves for a few extra days in Vegas.

Are there any other large expenses in your life, now or previously?
Buying myself a MacBook Pro in college cost about $ 3K that I didn’t have at the time, and I spent quite a while paying back that credit card debt. But I didn’t need to buy another computer for about six years after that, so I guess it worked out? Moving across the country pretty much wiped us out. We had some friends who let us live with them for a couple of months until we got on our feet, which was a huge help.

At any point in your life to date, has inheritance played a role in your money situation?  
My mom inherited some money from her parents, but we were all adults when they died so none of it has really passed to us (since there wasn’t a ton). 

How has your family provided financial support in your adult life, if any? (Or, do you provide support to them?)
My mom and stepdad gave me a car when I was in college, because I desperately needed one due to how far away my job was. When that car died and couldn’t be revived, my dad had just paid off his car so he gave it to me and bought a new one. I was extremely broke at the time and couldn’t afford car payments, so this was extremely necessary. Beyond that, I haven’t really leaned on my parents for much financially. 

I should revise the non-financial support from family: I don’t live anywhere near family, though they’ve sometimes advised from afar. Recently I had a weird power outage, and I told my mom who told my stepdad who told my stepbrother. He correctly deduced that it was an issue with the power company, which saved me from having to pay an electrician on a Sunday.

Does your family provide any non-financial support? 
I don’t live anywhere near family, though they’ve sometimes advised from afar. Recently, I had a weird power outage, and I told my mom, who told my stepdad, who told my stepbrother. He correctly deduced that it was an issue with the power company, which saved me from having to pay an electrician on a Sunday.

Money Strategy

Do you have a general money strategy?
Oh, yes: The Spreadsheet.

I started doing this after we moved to the Midwest, before I found work and money was extremely tight. It’s got a column for each category of expenses: one for each bill (mortgage, power, insurance, etc) and then columns for things like vacation, appliances/furniture, or other things I’m saving up for, like new computers or a tattoo. Each column is marked with a target amount that it needs to get paid up to. On bills, this is the high-water mark of what we’ve ever owed. So one time our power bill was $ 250 for the month, so I keep $ 250 in that fund even though it’s usually much less each month. For other categories, it’s the savings goal, either a specific cost if there is one or a general guideline.

Then I go through the checking account, and each transaction gets entered in its own row. The amount gets listed in the correct column. Paychecks get divided up accordingly, and I have another page in the spreadsheet where I can keep track of which credit card transactions came out of which column so the bill can be divided accurately.

Functionally, this means I have at least one month’s worth of expenses on hand at all times. Once a bill comes out, I then put back the money so it’s ready for next month. It also allows me to work toward long-term goals, because even if I can only allocate a couple of bucks a week I’m still at least making space for it in my plans. More importantly, it means I don’t have to do a lot of thinking about my money when I’m spending it. If I get really concerned, I can pull it up on my phone to see where I’m at, but for the most part it works as a sort of post-hoc budgeting. If I overspend on one category for this week (like when I bought a bunch of work clothes from a store that was closing because they were 80% off), I know that I can’t put as much into other funds until I’ve made up the difference, and I also should avoid spending from that fund until it’s been rebuilt.

It’s a fair amount of work to sit down and log everything once every couple of weeks, but I absolutely love that I can buy fun, silly things on impulse without having to worry about whether this will mean I can’t pay a utility bill. It was a long road to go from being overdrawn in that account to having this sort of cushion, and The Spreadsheet absolutely helped me get there.

(After submitting her Money Snapshot, Aerin sent us this update: “I dug up the link to The Spreadsheet! Way old, but still works. I uploaded mine into Google Drive so it’s accessible from multiple devices — one version for my personal account and one for joint.”) 

Time vs. money — do you spend money to save time (e.g., cleaning service)? Do you donate your time instead of money? What else does this phrase mean to you?
There are definitely times when I do that, especially with home repairs when the DIY route usually ends up being more expensive as well as more time-consuming. I worked a retail job part-time for a while, but I realized that the bit of extra money wasn’t nearly worth the time, energy, and stress of it. My time is a non-renewable resource, and pushing myself beyond the limits of my energy had a much higher cost. I donate money over time, though, for much the same reason. I just don’t have the bandwidth to give extra time beyond my current commitments, but I can at least provide some support to the people who can.

Anything else to add? 
When my husband and I moved in together, our system was basically that he’d pay for everything, and I’d write him a check once a month for my half. It worked, more or less. Now, we have a joint account that we both pay into, which we use for shared household bills and anything that is used by both of us. However, we’ve still maintained our separate personal accounts as well, and I think it’s one of the best decisions we’ve ever made. See, if there’s only one account, things become a zero-sum game: If he springs for some nice clothes, I might not be able to get the video game I was eyeing, because it’s all coming from the same pot. But with separate accounts, you don’t have one person held responsible for the expenses the other person incurred independently. We’ve been together for 10 years and we’ve never once argued about money. We talk about it a lot, and it’s been a source of stress when it’s not there or when we get thrown a curveball, but there’s just not the resentment about each other’s choices and priorities.

So that’s probably my biggest piece of advice to people getting serious with a partner: Keep a personal checking and savings account, even if you combine nearly everything else.

Photo credit: icons via Stencil. 

The post The Money Snapshot: A 32-Year-Old Tech Support Worker Shares Thoughts on Budget Tracking appeared first on Corporette.com.

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LGBT groups and tech companies warn that a Texas bill could cost the state billions

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Lubbock Police Use Tear Gas as Texas Tech Fans Flip Cars, Burn Property After Final Four Win

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Steph Curry Sends Auburn, Texas Tech His New Kicks

(AP Photo)

Charles Barkley isn’t the only big-name fan of Auburn.

Golden State Warriors star Steph Curry surprised the Tigers — and another Under Armour-sponsored school, Texas Tech — with pairs of his new sneakers for their Final Four appearance on Saturday night. Curry recorded videos for both of the teams and wished them well as they compete in the national semifinals.

“It was amazing. He gave us a special shoutout,” Tigers star Bryce Brown said. “He said he was an underdog like us, that this run was like the run he was on with Davidson.”

Before becoming an NBA star, Curry led tiny Davidson to the Elite Eight of the 2008 tournament.

Curry is one of Brown’s favorite players, so getting a shout-out? “That meant a lot,” he said.

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China refuses to concede on U.S. demands to ease curbs on tech firms: FT

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Walmart Is Planning to Develop Tablets as the Retailer Makes Moves Into the Tech Industry

It looks like Walmart is planning to start making its own tablets. In a product application with the U.S. Federal Communications Commission, the retailer included photos of the device, which will be made by a Chinese supplier and run on Google’s Android operating system, Bloomberg reports.

The tablets will be sold under Walmart’s ONN brand, the photos show. Walmart has not yet released information about the cost of the device or when it will hit stores, but a spokesperson for the retailer confirmed to both Bloomberg and CNBC that “a private brand tablet is in the works.”

Tablet shipments fell 6.2% last year, as the smartphone market continued to grow. The top-selling tablets were Apple’s iPad, followed by Samsung Electronics, and Amazon.com Inc.

Even so, Bloomberg reports that some retailers have successfully developed kid-friendly tablets, that are also more affordable than Apple’s line of iPads. And Walmart hopes to do the same.

The retailer has been making moves into the tech industry, as it focuses on home goods and electronics moving forward. Walmart has nonetheless struggled to develop its image as a more “modern” company, while its biggest competitor Amazon has been an innovative force with its own electronics.

Walmart was represented as a tech company at this year’s South by Southwest conference in Austin with Chief Technology Officer Jeremy King giving a presentation about some of the new technology in its stores, CNBC reports.

“For years now … I’ve wanted people to understand we are building a tech organization,” King told CNBC. “I’ve got a machine learning team. We have some of the best apps in the world.”

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In a letter, the US threatens to limit intelligence sharing with countries that use the Chinese tech giant to build 5G networks

The US has underscored to Germany its threat to limit intelligence sharing with countries that use Chinese tech giant Huawei to build their 5G communications networks.


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Investors shrug off Warren’s pledge to break up tech giants

Sen. Elizabeth Warren vowed on Friday that if elected president, she would bust up Amazon, Google and Facebook to promote competition in the tech sector and protect consumers. The Massachusetts lawmaker unveiled the proposal in a blog post as she seeks to stand out in a Democratic candidate field crowded with progressives vying to oust…
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Cannabis convictions expunged thanks to new tech

Thousands of cannabis convictions in the US have been expunged by the San Francisco District Attorney’s office using technology to deal with a backlog of cases being reviewed after the drug was legalised.
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Foldable phones, 5G and ‘ethical A.I.’ will dominate tech event Mobile World Congress next week

Tech giants will launch some of their latest mobile products this weekend ahead of the event, while discussions about 5G technology and artificial intelligence (AI) amid trade tensions between the U.S. and China will take center stage.
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Aging Americans are a big market for tech investors, who also want to track their parents

Techies are finding new uses for consumer devices to help monitor their aging parents, who are increasingly opting to live independently.
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10 Types of Tech You and Your Home Can Do Without

It doesn’t always pay to become an early adopter of the latest and greatest technological advancements. In fact, some home tech products just aren’t worth the investment, or are subject to security risks or maintenance woes that make them better admired on the shelf than brought home. Scroll through for a list of tech products your home can probably live without, or that you should at the very least think twice before buying.
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Cybersecurity firms say high-tech upgrades, self-driving tech make new cars easy targets for hackers

As auto makers roll out ever more sophisticated features to make your daily commute easier, the upgrades are also making your new car more vulnerable to cyberattacks, according to a new report.
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Tech whiz-turned-criminal stole $500K in 10 days: officials

A fresh-faced tech whiz used a sophisticated “SIM swapping” scheme to steal half a million dollars in 10 days from more than 50 people across the US — without ever leaving the comfort of his Ohio home, Manhattan prosecutors said Friday. Dawson Bakies, 20, pleaded not guilty in Manhattan Supreme Court to 52 counts of…
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Apple warning shakes European shares as tech stocks tumble

Apple’s first sales warning in nearly 12 years sent European shares sliding on Thursday, with the tech sector particularly badly bruised as chipmakers that supply the iPhone maker fell sharply.


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Amazon just announced its best-selling tech gifts of the holidays – and they’re all still on sale

Amazon Holiday Best Sellers List

Amazon on Wednesday announced that this past holiday shopping season was its most successful season ever, with more items ordered worldwide than ever before. That shouldn’t come as much of a surprise considering how good the deals were this year across all of the most popular categories on Amazon’s site. Amazon didn’t share any specific numbers as far as sales go, and that shouldn’t come as much of a surprise since the company never shares specific sales volumes. It did announce some of its best-selling products across various categories though, and we’ve got some awesome news: Amazon’s best-selling products from this past holiday shopping season are still on sale right now.

Fire TV and Echo devices were popular this year, as they have been every year. Amazon also listed best-sellers from other categories like toys, where products like the L.O.L. Surprise! Glam Glitter Series Doll with 7 Surprises and Nerf N-Strike Elite Strongarm Blaster topped the charts. In the ever popular electronics category, six items topped the list and it just so happens that they’re all still on sale!

The Bose QuietComfort 35 (Series II) Noise Cancelling Wireless Headphones were top-sellers this year, and they’re still available right now for $ 50 off, which is the same exact deal we saw on Black Friday and during Cyber Week. Samsung’s UN65NU8000FXZA Flat 65″ 4K UHD 8 Series Smart LED TV is also still on sale for more than $ 500 off, and Apple’s Space Gray iPad with 32GB of storage is still discounted as well, though it’s not as deep as it was during Cyber Week. Want to see what else topped Amazon’s list this year in the electronics category? You can check everything out below.

Bose QuietComfort 35 (Series II) Wireless Headphones, Noise Cancelling

  • Three levels of world-class noise cancellation for better listening experience in any environment
  • Alexa-enabled for voice access to music, information, and more
  • Noise-rejecting dual-microphone system for clear sound and voice pick-up
  • Balanced audio performance at any volume
  • Hassle-free Bluetooth pairing, personalized settings, access to future updates, and more through the Bose Connect app

Bose QuietComfort 35 (Series II) Wireless Headphones, Noise Cancelling, with Alexa voice contro…: $ 299.99

Samsung UN65NU8000FXZA Flat 65″ 4K UHD 8 Series Smart LED TV

  • HDR Plus: See movies and shows just as the director intended in stunning high dynamic range
  • Ultra Slim Array: The Ultra Slim Array dynamically fine-tunes the deepness of the blacks, to the brightness of the whites, for a picture with sensational contrast
  • Dynamic Crystal Color: Discover an expanded world of colors where millions of shades HDTVs can’t replicate make all the difference
  • Motion Rate 240: Enjoy smooth, crisp action even in the fastest scenes
  • Smart TV with Bixby Voice: A revolutionary way to help find streaming and live TV shows with a Universal Guide, one remote and voice assistance.Sound Output (RMS): 15W x 2
  • Please note the differences between the UN65NU8000 and the UN65NU800D. NU8000: Eclipse silver bezel color, 550 nits HDR sustained brightness, Supreme UHD micro dimming. NU800D: Carbon silver bezel color, 530 nits HDR sustained brightness, UHD Dimming.

Samsung UN65NU8000FXZA Flat 65″ 4K UHD 8 Series Smart LED TV (2018): $ 1,197.99

Apple iPad (Wi-Fi, 32GB) – Space Gray

  • 9.7-inch Retina display
  • A10 Fusion chip with 64-bit desktop-class architecture
  • Touch ID fingerprint sensor
  • 8MP camera with 1080p video and 1.2MP FaceTime HD camera
  • 802.11ac Wi-Fi with MIMO
  • Up to 10 hours of battery life
  • Two speaker audio

Apple iPad (Wi-Fi, 32GB) – Space Gray (Latest Model): $ 289.00

Wemo Mini Smart Plug

  • Control from anywhere. Plug in a Wemo Mini Smart Plug, download the free app, and control your lights and appliances from your phone and your voice through Amazon Alexa, Google Assistant and Apple HomeKit. Only needs Wi-Fi. No hub or subscription required
  • Compact size. Wemo Mini features a sleek new form-factor that allows you to stack two Mini Smart Plugs in the same outlet
  • Schedule automatically. Never come home to a dark house. Schedule the fan to turn on before you arrive. Sync lamps and devices to sunrise, sunset, or pre-set times automatically
  • Randomize Lights. The Mini Smart Plug protects your home better than a mechanical timer. “Away Mode” will turn your lights on and off randomly to make it look like you’re home even when you’re not
  • Voice control with Amazon Alexa, the Google Assistant and Apple HomeKit. Pair with voice built-in devices like Apple Homepod or Google Home and control your lights and appliances with your voice
  • Wemo works with Apple HomeKit automatically. Download the latest version of the Wemo App and follow the steps to connect your Wemo Mini connected devices to the Apple Home app

Wemo Mini Smart Plug, WiFi Enabled, Works with Alexa, Google Assistant & Apple HomeKit: $ 22.49

Blue Yeti USB Microphone

  • Tri-capsule array – 3 condenser capsules can record almost any situation.
  • Multiple pattern selection – cardioid, bidirectional, omnidirectional & stereo.
  • Gain control, mute button, zero-latency headphone output. Power output (RMS): 130mW
  • Perfect for vocals, musical instruments, podcasting, voiceovers, interviews, field recordings, conference calls.
  • Compatible with Windows 10, Windows 8 (including 8.1), Windows 7, Windows Vista, Windows XP (Home and Professional), and Mac OS X (10.4.11 or higher), and requires a minimum of 64 MB of RAM(remove existing and upload).

Blue Yeti USB Microphone – Blackout: $ 99.99

Wyze Cam 1080p HD Indoor Wireless Smart Home Camera

  • Works with Alexa: Ask Alexa to show your front door, kid’s room, or anywhere else you have your Wyze Cam
  • 1080p full HD live stream direct to your smartphone day or night with night vision (up to 30 feet away). Works with 2.4GHz Wi-Fi networks (does not support 5GHz Wi-Fi)
  • Motion Tagging technology detects and outlines motion in both live stream and playback video modes. Operating system supports ios 8.0 and android 5.0 or later.
  • Motion and sound detection with free rolling 14-day cloud storage. Use the Wyze App (iOS and Android) to manage and share multiple cameras. Add a microSD card (up to 32GB max size) for local storage.
  • Magnetic base, 6-foot power cable and included adhesive metal plate let you mount your Wyze Cam anywhere – no screws required

Wyze Cam 1080p HD Indoor Wireless Smart Home Camera with Night Vision, 2-Way Audio, Works with…: $ 25.98

BGR Top Deals:

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  2. Amazon’s surprise discounts on the Apple Watch Series 3 and 4 are still available today

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Top tech for everyone on your gift list

Promotional feature with HONOR

Turn Xmas into techmas with great gadgets galore

If buying for those last few people on your Christmas list is proving tricky, you’re sure to be inspired by one of the sleek, smart gift ideas from HONOR. Whether they’re into keeping fit, are always listening to carefully crafted playlists or are a keen photographer or blogger, HONOR has a present that they’ll love to unwrap.

A smartphone for budding photographers

Selfies, lush landscape shots and more have been made even easier to snap and share thanks to the super sleek  HONOR 8X smartphone. It has a large screen to body ratio, high definition display and a dual 20 megapixel AI camera that has multi-scene recognition for breathtaking photos no matter where you are. You can get a blurry bokeh effects for selfies, plus it eliminates blur on night-time pics, and features super slo-mo for awesome action shots.

The HONOR 8X also has a reduced shutter speed and motion detection for capturing better action shots and creating backlit portrait selfies.

For the fitness fan

A fitness tracker is the perfect way to get more active, so we’ve found one that’s packed with useful functions as well as being ultra-stylish. HONOR Band 4 isn’t just for gym bunnies – it’ll also recognise swimming strokes, is pool-proof to 50 metres, and records your swimming speed, distance and calories. You can take it outside with confidence as well – it’ll track outdoor and indoor running, walking and cycling.

Beyond fitness, the HONOR Band 4 gives accurate heart rate monitoring with high rate alerts and infrared technology so you can wear it at night. Plus, if you suffer from insomnia, light or irregular sleep, it’ll track this and provide advice. Another reason to love it? The band can locate your phone if you’ve lost it and works as a remote to take selfies!

For the music lover

Clever headphones mean the music fan in your life can take their tunes wherever they go, and few come as clever as the HONOR Sport Bluetooth Earphones. Not only are they water and sweat-proof , they provide 11 hours playback (around 220 tracks) and last up to 10 days on standby so they won’t let you down during your favourite song. Wireless, comfy to wear and secure, each earbud is magnetic too, so when they’re not in, they snap together neatly around your neck. There’s no compromise on sound quality either as they feature a penetrating bass and high definition audio.

So what are you waiting for? Consider your Christmas shopping complete.

The post Top tech for everyone on your gift list appeared first on Marie Claire.

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Veteran tech journalist Walt Mossberg quits Facebook, because yeah

TwitterFacebook

Facebook will be losing yet another prominent user: Walt Mossberg, one of the most respected technology journalists of our era, said that he will delete his account at the end of this year.

The former Wall Street Journal, Verge, and Recode writer announced on Facebook his Facebook and Messenger accounts will be deactivated “around the end of the year” (or in other words, any day now) and he will no longer be posting content on the social network.

“I am doing this — after being on Facebook for nearly 12 years — because my own values and the policies and actions of Facebook have diverged to the point where I’m no longer comfortable here,” Mossberg said in a Facebook post. Read more…

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Don’t trust the government to make Big Tech behave

The social-media wars are heating up. Congress has grilled Google’s CEO, and the British Parliament wants to hear from Facebook’s Mark Zuckerberg. Across the political spectrum, there are calls for the government to do something about Big Tech’s seemingly unaccountable power. Since we live our lives increasingly on social media, it’s understandable. But it’s a…
Opinion | New York Post

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JPMorgan Chase Invests $6 Million for Tech Training D.C. Area’s Black Students

Black and minority students at five school districts in the Washington, D.C. region will be beneficiaries of a $ 6 million commitment by JPMorgan Chase to help train and equip youth to land well-paying tech jobs.

The money is coming from the banking giant’s “New Skills for Youth” program. It will support the development of new educational initiatives at Baltimore City Public Schools, DC Public Schools, Montgomery County Public Schools, Prince George’s County Public Schools, and Fairfax County Public Schools in partnership with Northern Virginia Community College.

The donation is part of a $ 350 million companywide investment by the New York-based company and nation’s largest bank in jobs and skills development globally.

The effort comes as more firms add tech jobs in the nation’s capital region. The growth is building higher demand for skilled IT workers and a need to fill the jobs. Take Amazon.

Last month the world’s largest online retailer picked New York City and Arlington, Virginia, for its second headquarters. The two areas will each get 25,000 lucrative tech jobs that Amazon is projected to bring.

While schools offer IT coursework, these courses are not always aligned with the skills, credentials, and work experiences employers demand, the bank reported. In 2017, only 3,000 individuals in the region obtained associate degrees and other sub-BA credentials in digital skills and technology but over 15,000 jobs needed those credentials. Demand for tech workers with less than a 4-year degree increased by 42% in the region between 2014 and 2017.

“We have a responsibility to build a better future for the region’s young people,” stated Jamie Dimon, chairman and CEO at JPMorgan Chase. “This investment is a good example of how the public and private sectors can work together to create the opportunity for more people and grow the local economy so that everyone benefits.”

The JPMorgan Chase philanthropic investment will help to launch 16 new and revised high-quality, demand-driven IT career pathways for thousands of area students in high school through college.

This initiative aims to:

  • Help more young people in the region, particularly underrepresented populations, achieving career and economic success, with 3,200 more students participating in career pathway programs that connect with careers in fields including computer science and cybersecurity.
  • Employers providing 2,200 internships for students in IT career pathways.
  • A new system that enables educators to use regional labor market data on an ongoing basis to ensure that career pathways are aligned with employer demand.

“We need to make it clear to young people—from Anacostia, Prince George’s County to Baltimore and Virginia—that they have a future in this region—and we are working together to do just that,” stated Peter Scher, head of Corporate Responsibility and chair of the Mid-Atlantic Region, JPMorgan Chase.

“Amazon’s HQ2 announcement reinforced that companies around the globe are competing for talent, and through this investment, we are working with our partners in the public and private sectors to expand access to opportunity for young people in Greater Washington—and boost the workforce by directly aligning education and training programs with the skills needed for open technology roles here.”

The post JPMorgan Chase Invests $ 6 Million for Tech Training D.C. Area’s Black Students appeared first on Black Enterprise.

Career | Black Enterprise

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Apple now has dozens of doctors on staff, showing it’s serious about health tech

The hires could help Apple win over doctors and suggest it will build applications that can help people with serious medical problems.
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Scouted: Stash Your Travel Tech in One of These Gadget-Friendly Bags

There’s no shortage of laptop bags out there: some are stylish, some have soft pockets for your phone, while others are camera-friendly or full of internal organizers for your stuff. But if you’re a serious gadget hound, you might be interested in a bag that takes tech-focused features to the next level.

Breeze Through TSA with a Butterfly-Style Bag

If you travel a lot, you know how much of a hassle it is to take out your laptop at every security checkpoint. Some bags get around this by allowing the laptop compartment to open butterfly-style, so you can lay it flat on the conveyor belt and zip it back up when you’re done. The $ 180 Incase EO is one of the most well-reviewed bags in this style, though the Timbuk2 Uptown backpack is a solid budget option for $ 75. If neither of those are quite your style, there are a ton of options on Amazon if you look at their Checkpoint-Friendly section. (And if you don’t use a laptop, you don’t need to worry about TSA, so check out the Osprey Pixel Port Daypack—it puts your tablet in a clear pocket under the flap so you can use it without taking it out of the bag.)

Read more at The Daily Beast.

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http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

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These are the must have best Tech Gifts for Christmas 2018

Marie-claire-best-tech-gifts

Words by Megan C. Hills and Sunil Makan

From the wireless headphones to speakers with built in Alexa and fitness trackers to hair straighteners these are the best tech gifts for Christmas 2018.

Fitness trackers

Oura Heritage Ring

tech gifts 2018

Prince Harry is known to wear one of these and if it’s good enough for the Duke, it’s good enough for us. Smaller and sleeker than a chunky tracker bracelet, these stylish Finnish rings are packed with a ton of sensors and other tech. The Oura ring tracks your activity, sleep and keeps tabs on everything from your body temperature, steps and even your breathing. Available in several different shades, it’s a pretty nifty piece of tech and syncs to an app on your phone.

Rings start at £279, available at Oura

Buy now

Hair straighteners

ghd Gold – Glacial Blue Professional Styler

tech gifts

A great hair styler is a total investment piece and luckily, ghd’s released a luxe icy blue version of their best-selling product. Designed to both curl, straighten and keep your hair looking smooth and sleek, it’s as tech-forward as they come with two heat sensors to optimise the temperature.

Priced at £139, available at lookfantastic

Buy now

Tech teen gifts

Super Mario Party

tech gifts

Nintendo stans have been waiting a long time for this classic party game and it’s finally dropped. If you thought Mario Kart could get competitive, you’ve obviously never given Mario Party a go as you’ll have to compete with one another to win mini games and collect the most stars.

Priced at £49.99, available at Nintendo

Buy now

Tech geek gifts

Sphero Star Wars BB-8 App Enabled Droid

tech gifts

If you or someone you know is a massive Star Wars buff, this little droid is the perfect gift. Perfect for if your landlord won’t let you have a pet, you can instead grab BB-8 from the new gen of Star Wars and make him roll around from an app on your phone. For those who are more old school, there’s also an R2D2 version.

Priced at £96.48, available at Amazon

Buy now

Tech gifts for kids

littleBits Avengers Hero Inventor Kit

tech gifts

It doesn’t get much cooler than this. This Avengers-themed kit both teaches kids how to code and make their own superhero identity a reality. It syncs up to an app which will help walk them through step by step how to assemble the electronic building blocks to create circuits and bring cool new powers to life.

Priced at £149.99, available at Amazon

Buy now

Tech gifts under £50

Echo Dot (3rd Generation) Smart Speaker with Alexa

tech gifts

Ever wanted to channel your inner Tony Stark and have your own computerised butler? Amazon’s upgraded their voice-controlled speaker and it’s enabled with Alexa, their digital assistant. If you give her a shout, she’ll be able to do things like help you stream music from Spotify, check the weather, set alarms and even work with your other smart home products if you’ve got them.

Priced at £49.99, available at Amazon

Buy now

 

Shark DuoClean Cordless Upright Vaccum Cleaner with Powered Lift-Away and TruePet IC160UKT

Shark DuoClean Cordless Upright Vacuum Cleaner with Powered Lift-Away and TruePet IC160UKT

The new Shark DuoClean Cordless Upright With Powered lift-Away and TruePet, is designed for homes with pets. You wouldn’t expect such great performance from such a lightweight and cordless vaccum bit it really does make light work of the whole vacuuming thing. And, with an impressive battery run time to boot. Huge thumbs up from us.

£479.99 from Shark.

Buy Now

 

RIVA Concert Speaker, Compact & Portable Smart Speaker, £199

RIVA Concert Speaker, Compact & Portable Smart Speaker, £199

This powerhouse of a speaker which features RIVA’s Patented Trillium Audio Technology – which means impressive surround sound without distortion at any volume – has Alexa built-in and several methods of connectivity.

£199 from Amazon.

Buy Now.

 

Mophie power station plus 600 Universal Battery with Lightning Connector, £69.95

Packing an impressive 20 hours of extra life in here (around 4 charges) this handy Mophie power station with integrated Lightning cable is a real game changer.

£69.95 from Apple.

Buy Now.

The post These are the must have best Tech Gifts for Christmas 2018 appeared first on Marie Claire.

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ULTIMATE 2018 HOLIDAY GIFT GUIDE FROM BLACK-OWNED BUSINESSES: Tech, Recreation, Toys, and Games

ULTIMATE 2018 HOLIDAY GIFT GUIDE FROM BLACK-OWNED BUSINESSES: Tech, Recreation, Toys, and Games



Cards For All People

ULTIMATE 2018 HOLIDAY GIFT GUIDE FROM BLACK-OWNED BUSINESSES

(Image: cardsforallpeople/Instagram)

 

Cards For All People is at trivia gaming company that celebrates diversity and inclusion. By infusing humor with trivia the company creates opportunities to highlight cultural micro-communities and the issues they care about while keeping it entertaining. Games include Black Card Revoked (which is now a TV show!) and Girls Night Out.












MekaMon Robots

ULTIMATE 2018 HOLIDAY GIFT GUIDE FROM BLACK-OWNED BUSINESSES

(Image: Reach Robotics)

 

Co-created by a young British-Nigerian engineer, MekaMons are four-legged robots that players can control via a smartphone using a companion app for augmented reality gameplay. Multiple players can battle their bots against each other. MekaMon is available in the Apple Store and the manufacturer’s website.

 






Black Excellence Playing Cards

ULTIMATE 2018 HOLIDAY GIFT GUIDE FROM BLACK-OWNED BUSINESSES

(Image: mycarddecks.com)

 

This standard deck of playing cards depicts black excellence and beauty.

 


Blebrity 

ULTIMATE 2018 HOLIDAY GIFT GUIDE FROM BLACK-OWNED BUSINESSES

Actor and activist Jesse Williams launched the Blebrity app, the blackest trivia app game you’ve ever played.


Tip Off

ULTIMATE 2018 HOLIDAY GIFT GUIDE FROM BLACK-OWNED BUSINESSES

(Image: TipOff Game)

TipOff is a fun, app-based word guessing game not only promises good times and a way of connecting with family and friends—it also raises money for scholarships to historically black colleges.


TriviaMob

ULTIMATE 2018 HOLIDAY GIFT GUIDE FROM BLACK-OWNED BUSINESSES

TriviaMob, a live game show app, allows players to face off in two separate “mobs,” where they answer questions about art, science, entertainment, and more to win prizes. 


Fishing Caddy 

ULTIMATE 2018 HOLIDAY GIFT GUIDE FROM BLACK-OWNED BUSINESSES

 

The Fishing Caddy allows fishing enthusiasts to pack up their myriad of gear into one convenient portable caddy. It includes fishing rod holders, tacklebox, a compartment to keep fish live and fresh plus more great features.


Toys Like Me

ULTIMATE 2018 HOLIDAY GIFT GUIDE FROM BLACK-OWNED BUSINESSES

 

Toys Like Me creates African American backpack dolls, emoji dolls, and even black mermaid dolls.


Ikuzi Dolls

ULTIMATE 2018 HOLIDAY GIFT GUIDE FROM BLACK-OWNED BUSINESSES

 Ikuzi Dolls is a line of dolls that are sensitive to diversity and the many different and beautiful ways little girl of color can look.

 








Please note: Black Enterprise makes a small commission when you purchase one of these products via the embedded Amazon links. 

The post ULTIMATE 2018 HOLIDAY GIFT GUIDE FROM BLACK-OWNED BUSINESSES: Tech, Recreation, Toys, and Games appeared first on Black Enterprise.

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Deputy AG Rosenstein calls on Big Tech to protect users

Deputy AG Rosenstein calls on Big Tech to protect usersDeputy Attorney General Rod Rosenstein says tech companies need to keep consumers safe, while also providing a way for police to break through their systems’ encryptions. Technology companies need to stop putting profits and growth over the safety and security of their customers. “Technology is advancing at a speed and volume that exceeds the capacity of most people to comprehend the accompanying risks, let alone to protect against them,” Rosenstein said in his speech.



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Prince William Slams Tech Leaders’ Failure to Combat ‘Cruelty and Intolerance’

WPA Pool

Prince William has accused tech companies of hypocrisy, saying they’re falling short in tackling cyberbullying and other social problems while reveling in a “self-image grounded in their positive power.”

He told tech leaders they must “fight back against the intolerance and cruelty that has been brought to the surface by your platforms.”

In a surprisingly political speech, William called on social-media companies to “reject the false choice of profits over values” and issued a coruscating condemnation of their social impact, saying, “On every challenge they face—fake news, extremism, polarization, hate speech, trolling, mental health, privacy, and bullying—our tech leaders seem to be on the back foot.”

Read more at The Daily Beast.

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Why Amazon tech bros will ruin the NYC dating scene

With Amazon headed to Queens, the Seattle dating scene has a message for New York singles: Don’t get too excited. Yes, the tech company’s new Long Island City headquarters will draw thousands of new people to the city — including lots of dudes (the company is 60 percent male) with six-figure salaries. Unfortunately, most of…
Living | New York Post

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Alumns from this failed health tech start-up now hold key roles at Apple, Amazon, Alphabet and others

In 2012, Quanttus set out to make a smart watch that could measure blood pressure around the clock. It failed but the dream lives on, as Quanttus alumns spread out to companies like Apple, Alphabet, Amazon, Fitbit, Nike, Samsung and more.
Health and Science

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Amazon the latest big tech firm to face employee revolt

Workers at tech giants are beginning to take action when they don’t like what their powerful employers are up to. This week, Amazon employees are reportedly looking to force Chief Executive Jeff Bezos to address the company’s controversial sale of facial-recognition technology to law enforcement agencies, including ICE. The plan, according to e-mails viewed by…
Business | New York Post

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Sen. Wyden Proposed a CEO-Felling Data Privacy Law. Is Big Tech Ready for It?

Consumers who have clamored for data privacy reform since Equifax’s ransacking and, more recently, Facebook’s Cambridge Analytica debacle have cause to celebrate.

On Thursday, Senator Ron Wyden (D-Ore.), a prominent privacy hawk, unveiled a draft bill that seeks to slap harsher penalties on companies–and chief executive officers–who run afoul of new rules that expand government oversight of the tech industry. The Consumer Data Privacy Act, as the bill is tentatively named, takes its cue from Europe’s General Data Privacy Regulation, or GDPR, which can fine companies up to 4% of their global, annual revenues for infractions. But Wyden’s bill goes even further; in addition to that penalty, the proposed law would jail chief execs up to 20 years with individual fines reaching as high as $ 5 million for CEOs who knowingly mislead regulators.

If GDPR has teeth, Wyden’s proposal has fangs–set on the jugulars of corporate heads. The proposed law would require big firms–ones with revenues exceeding $ 1 billion or ones that store data on more than 50 million consumers or their devices–to submit “annual data protection reports” to the government that lay out their data-securing practices. It would force companies to comply with “do not track” policies while offering alternative payment options to consumers, such as subscription fees instead of ad-supported “free” models. And it would boost the power of the Federal Trade Commission, adding a tech-focused division with a broader mandate alongside an arsenal of stronger enforcement actions.

Lindsey Barrett, an attorney and teaching fellow at Georgetown Law’s Communications & Technology Clinic within the school’s Institute for Public Representation, commented on Twitter that the proposed legislation “injects sorely needed accountability into our equif*cked information ecosystem.” Wyden’s own statement was a little more sanitized: “It’s time for some sunshine on this shadowy network of information sharing,” he said.

But the proposed reform isn’t all sunshine and rainbows. Jake Williams, an alumnus of the National Security Agency who has since cofounded Rendition InfoSec, a cybersecurity consulting shop, said he doubts the bill will pass. “Even if it does, it won’t mean what you might think. It won’t create a SOX style environment around cyber. Sorry,” he wrote on Twitter, referring to Sarbanes-Oxley, a 2002 financial reform enacted in the wake of the Enron scandal to prevent similar accounting blowups.

The main thrust of Williams’ criticism is that the proposed law will box in cybersecurity practitioners and will subjugate and constrain an industry that is still finding its feet. The bill effectively grants corporate governance, risk, and compliance departments the right to “rule infosec,” Williams warned. If it passes into law, it will likely lead to licensing requirements within the cybersecurity industry, akin to the hoops people must jump through to become certified public accountants, he said. “Professional licensure is not good for a profession this young,” he said.

Data privacy reform is long overdue, but this bill presents questions. Is Big Tech–and its CEOs–ready to face the formalized wrath of guillotine-thirsting regulators? Does the bill unfairly target CEOs, leaving other C-Suite executives and board members off the hook? Could companies end up shoving the blame onto scapegoat CEOs of subsidiary businesses? And finally, as Williams noted, is the cybersecurity industry really ready to grow up and professionalize, accepting all the responsibility and regulatory constrictions that entails?

Be careful what you wish for.

A version of this article first appeared in Cyber Saturday, the weekend edition of Fortune’s tech newsletter Data Sheet. Sign up here.

Fortune

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CHARITY UPDATE:

Click today to request your free ACRX discount prescription card and save up to 80% off of your medicine!

SPECIAL DONATION REQUEST UPDATE:

Please help American Consultants Rx achieve it’s biggest goal yet of donating over 30 million discount prescription cards to over 50k organizations in an effort to assist millions of Americans in need. Please click here to donate today!