Tag: privacy
BigID keeps rolling with $70M Series D on $1B valuation
BigID has been on the investment fast track, raising $94 million over three rounds that started in January 2018. Today, that investment train kept rolling as the company announced a $70 million Series D on a valuation of $1 billion. Salesforce Ventures and Tiger Global co-led the round with participation…
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Facebook to move UK users out of EU’s privacy jurisdiction next year, post-brexit
Facebook is to follow Google’s lead and move millions of UK users out of the jurisdiction of EU privacy laws to the US (which has no such comprehensive data protection framework) next year under a looming Brexit-related change to its T&Cs, Reuters reported yesterday. Confirming the switch, Facebook told the…
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Data privacy startup eXate raises £2.3M Seed led by Outward VC
Accessing and sharing data is a complicated issue for large businesses, and doing this in a secure, compliant way is a problem for many. eXate, a London-based data software firm is attacking this problem and has now raised a £2.3 million seed round led by Outward VC, with additional backing…
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FTC orders ByteDance, Facebook, Snap and others to explain what they do with user data
The FTC is ordering the companies behind many of the largest social and video platforms to explain how they use the treasure troves of data they harvest from users. Amazon, TikTok owner ByteDance, Facebook, WhatsApp, Discord, Reddit, Snap, Twitter and YouTube were all sent the order, with a deadline set…
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Europe urged to block Google-Fitbit ahead of major digital policy overhaul
The European Commission must block the Google -Fitbit merger as a matter of democratic imperative, prominent academic and author Shoshana Zuboff has warned. The Harvard professor who wrote the defining book on surveillance capitalism has become the latest voice raised against the $2.1BN data+devices deal — that’s now been delayed…
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Apple and Google clamp down on X-Mode, a location-tracking data broker
Apple and Google have reportedly ordered app developers to sever ties with X-Mode Social Inc., a data broker that specializes in location tracking. As the Wall Street Journal reports, the company has supplied data to US government contractors working… Source
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