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Facebook might be fined billions after losing facial recognition lawsuit

Facebook — inarguably the world’s largest facial database — has a lost a federal appeal in a class-action lawsuit that claimed it illegally collected and stored biometric data of millions of users without their consent. The lawsuit began in 2015 when Illinois-based Facebook users sued the company for violating the state’s Biometric Information Privacy Act (BIPA),

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After denying it broke Instagram's rules, Hyp3r says it has taken its services offline for now, and is planning to meet with Facebook as soon as next week (Salvador Rodriguez/CNBC)

Salvador Rodriguez / CNBC: After denying it broke Instagram’s rules, Hyp3r says it has taken its services offline for now, and is planning to meet with Facebook as soon as next week  —  KEY POINTS  — Facebook is setting up a meeting with Hyp3r, a marketing firm that was removed from Instagram after allegedly violating

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Securiti.ai, which is developing an automated platform that helps enterprises comply with privacy regulations like GDPR and CCPA, raises $31M Series A (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat: Securiti.ai, which is developing an automated platform that helps enterprises comply with privacy regulations like GDPR and CCPA, raises $31M Series A  —  Cybercrime never sleeps.  Juniper Research pegs the number of digital records that will be stolen in 2023 at 33 billion, compared with the 12 billion stolen in 2018.

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Researchers: nearly two years after US banned the use of Kaspersky by the government, its software can still be found on military and other federal networks (Thomas Brewster/Forbes)

Thomas Brewster / Forbes: Researchers: nearly two years after US banned the use of Kaspersky by the government, its software can still be found on military and other federal networks  —  In September 2017, the U.S. government said it was going to outlaw the use of security software from Russian company Kaspersky Lab. Researchers: nearly

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SignalWire raises $11.5M Series A led by Storm Ventures, with Samsung NEXT, Sequoia, others participating, for its open-source enterprise communication platform (FinSMEs)

FinSMEs: SignalWire raises $11.5M Series A led by Storm Ventures, with Samsung NEXT, Sequoia, others participating, for its open-source enterprise communication platform  —  SignalWire, Inc., a Palo Alto, Calif.-based provider of an open-source enterprise communication platform, closed an $11.5m Series A funding round. SignalWire raises .5M Series A led by Storm Ventures, with Samsung NEXT,

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