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Privacy Battle Over Connected Cars Takes An Interesting Turn In California

May 17, 2022 by www.forbes.com

Share to Twitter Share to Linkedin So goes California, and so typically goes the country. And the North American automotive industry along with it. That's possibly the case with California and its battle over data. There is no question the automotive manufacturers want data from hundreds of sensors for a multitude of reasons ranging from warranty reduction, repair prognostics, machine learning of safety-related systems and, yes, advertising revenue. As the former CEO of Ford, Mark Fields, announced to the world in 2016 , "As our vehicles become part of the Internet of things and as consumers give permission to us to collect that data, we'll also become an information company. Our differentiator will be how we use that data to satisfy our customers in ways that they never thought possible in their lives." In fact, it's projected by 2023 that worldwide sales of connected vehicles will surpass 76 million units (70% globally, 90% in the United States) with … [Read more...] about Privacy Battle Over Connected Cars Takes An Interesting Turn In California

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Micron, MetLife And 3 Other Passive Stocks That May Spring To Life

May 16, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Certain predators can’t see their prey if the prey holds still. It’s the same with some investors. Stocks that do nothing for a while may vanish from investors’ consciousness. But stagnant stocks can sometimes be good buys. Hence, my Do Nothing Club. It’s an annual compilation of stocks whose price is little changed during the past year, and also the past month, but that I think may spring to life. I first conceived the Do Nothing Club on a lazy spring day in 1999. I’ve written 18 columns about it since then; today’s will be the 19 th . The average one-year gain on my Do-Nothing picks has been 13.1%, compared to 9.1% for the Standard & Poor’s Total Return Index. Bear in mind that my column results are hypothetical and shouldn’t be confused with results I obtain for clients. Also, past performance doesn’t predict the future. On a one-year basis, 15 of my 18 previous lists have been profitable, and … [Read more...] about Micron, MetLife And 3 Other Passive Stocks That May Spring To Life

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Nigeria Issues Crypto Regulatory Guidelines: Here’s Why It Matters

September 16, 2020 by www.forbes.com

Share to Twitter Share to Linkedin Nigeria's Securities Exchange Commission, on Sept. 15, 2020, issued regulatory guidelines for crypto assets. The guidelines also seek to regulate businesses that deal with crypto assets. This is the first time that the West African country's investment regulator is taking a public stance on cryptocurrencies. It had previously only warned investors about the risks associated with unregulated investment vehicles such as bitcoin. A spokesperson of SEC Nigeria, on a phone call, said that the document , which is published on the commission's website, is only a clarification on how the investment regulator views and intends to regulate crypto assets. The spokesperson didn't offer any comment on when the commission expects to have a signed law. Here are the essential points from the document: All Crypto Assets Are Securities, With A Few Exceptions "The position of the Commission is that virtual crypto assets are … [Read more...] about Nigeria Issues Crypto Regulatory Guidelines: Here’s Why It Matters

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