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Amazon Agrees To Pay Over $30M To Settle Alexa, Ring Spying Claims Despite Disagreement With FTC
Thursday, June 1, 2023 - 2:16am | 455Amazon.com Inc. (NASDAQ:AMZN) has agreed to pay $30.8 million in settlements with the Federal Trade Commission over allegations of spying on customers through Ring doorbell cameras and violating children’s privacy rights with Alexa recordings. What Happened: In a shocking revelation, the FTC...
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EXCLUSIVE: Why Kerrisdale Capital Went Long Lifelock, And Investors Followed
Thursday, October 22, 2015 - 4:41pm | 574On Thursday, Kerrisdale Capital confirmed with Benzinga a new long position in Lifelock Inc (NYSE: LOCK), pushing shares up as high as 4 percent. The fund disclosed a passive position of ~2 percent of shares outstanding. Chief Investment Officer and founder Sahm Adrangi said the...