Just two weeks ago Facebook settled a lawsuit alleging violations of privacy laws in Illinois for the considerable sum of $550 million. Now controversial startup Clearview AI, which has gleefully admitted to scraping and analyzing the data of millions, is the target of a new lawsuit citing similar violations.
A state senator in California is introducing legislation designed to provide more direct oversight over direct-to-consumer genetic testing companies. The new regulations, introduced by Santa Ana’s Democratic Senator Thomas Umberg, builds on attempts in the California Consumer Privacy Act to regulate the ways data collected from genetic testing can be used by companies. “The fact […]
Donny Hall, the chief executive and co-founder of the used car certification service, SureSale, knows used cars. The serial entrepreneur built and sold a previous business, CarSure, which was an insurance plan for vehicle repairs. After selling that business in 2017 to Innovative Aftermarket Systems, Hall decided that his next venture would be to take […]
American automotive technology startup Rivian has raised $1.3 billion in new funding, the company announced today. The new investment is the fourth round of capital announced by the company in 2019 alone, following prior announcements of $700 million from Amazon, $500 million from Ford (which includes a collaboration on electric vehicle technology) and $350 million […]
Bird, Coinbase backer Tusk Venture Partners secures $70M.
Facebook is facing exposure to billions of dollars in potential damages as a federal appeals court on Thursday rejected Facebook’s arguments to halt a class action lawsuit claiming it illegally collected and stored the biometric data of millions of users. The class action lawsuit has been working its way through the courts since 2015, when […]