The data breach that appears to have exposed more than 100 million applications for Capital One credit cards couldn't have come at a worse time for Amazon Web Services, which stores the bank's data. The profit-driving Amazon unit, which allows companies to rent out storage and computing space on massive servers, has been the favorite to win a 10-year, $10 billion contract from the Defense Department, which had been expected to be announced this month. It was thrown into question Thursday when the White House instructed the defense secretary to re-examine the award, officials close to the matter told The Washington Post. by signing up you agree to our terms of service … [Read more...] about Capital One hack comes at a tough time for Amazon Web Services
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WASHINGTON -- Two U.S. senators unveiled new legislation Tuesday targeting what they say are deceptive tricks, employed by websites and tech companies, that are designed to mislead or confuse Internet users into giving away their rights and choices as consumers. The bill is another salvo in a widening congressional effort to rein in the tech industry, whose data breaches and other privacy mishaps have prompted calls for tougher regulation of Silicon Valley. The legislation, known as the DETOUR Act and introduced by Sens. Mark Warner, D-Va., and Deb Fischer, R-Neb., zeros in on a phenomenon known as "dark patterns": The various ways in which Web designers subtly steer users toward completing certain transactions, such as signing up for an email newsletter, making a purchase or consenting to the collection or sharing of personal information.The rise of dark patterns reflects how tech companies have increasingly turned human psychology into a moneymaking tool -- at the expense of … [Read more...] about ‘Dark patterns’ — the manipulative Web design trick you’ve never heard of
Many tech moguls have modest beginnings, developing in garages and sleeping at their offices. But don’t be fooled: many of tech’s billionaires now have million-dollar homes and private islands. Oracle founder Larry Ellison bought 98% of an island in Hawaii for $US600 million, while Facebook’s Mark Zuckerberg has a habit of buying up surrounding properties for maximum privacy. Some CEOs, however, have stuck to their roots: Apple’s Tim Cook lives in a relatively modest 2,400-square-foot home in Palo Alto, California. Here’s a look at the mansions and estates of tech’s elite. Nearly a fifth of the world’s 100 richest billionaires made their fortune in tech. And although some of their success stories start off modestly (and most likely in a garage), many tech moguls are taking their millions and splurging on real estate. For instance, Amazon founder Jeff Bezos and Microsoft’s Bill Gates live less than a mile from each other in the … [Read more...] about MOGUL MANSIONS: From Elon Musk to Jeff Bezos, here are the homes and estates owned by the wealthiest people in tech
Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | Intel Searches (and Searches) for a New C.E.O. Supported by ByDon Clark Jan. 24, 2019 SAN FRANCISCO — Intel answered many questions from Wall Street Thursday, but not the one that has dogged the company for seven months: Who will become chief executive of the giant chip maker? The lengthy search, begun after Brian Krzanich was forced out in June for a past affair with a subordinate, illustrates the difficulty of finding a leader with the diverse skills needed to run one of Silicon Valley’s most complex companies. Intel, which hosted a conference call Thursday to discuss the financial results of its most recent quarter, said its directors were conducting the search with “a sense of urgency” but gave no timetable for a selection. “I am convinced the board of directors … [Read more...] about Intel Searches (and Searches) for a New C.E.O.
government shutdown Agencies have furloughed employees in charge of enforcing rules and conducting investigations, include those affecting the environment, financial abuse and taxes. The 24-day-old shutdown is hobbling enforcement efforts throughout the federal government — halting power plant and oil well inspections, slowing financial fraud probes and tax audits, thwarting plane crash investigations and even delaying a probe into Facebook's privacy practices. Agencies have also canceled training for prosecutors who go after online child pornography and drug sales. The Justice Department has furloughed most of its administrative judges, who enforce immigration laws. And the Federal Communications Commission isn't responding to consumer complaints about robocalls.Story Continued Below The resulting pileup could take months to untangle even after the shutdown ends, federal enforcement officials told POLITICO — even as some agencies began calling in employees such as … [Read more...] about Shutdown’s hidden impact: Frozen inspections, fraud cases