Senate bill would set consumer privacy rights
Washington — A new Senate bill introduced Tuesday would establish a "privacy bill of rights" to set ground rules for companies that collect consumer data, including personal data amassed on the Internet and then mined to target online advertising.
Apple, Google to face lawmakers in privacy tussle
Tech companies such as Apple and Google are hoping the tracks of millions of mobile device users will lead to billions of dollars in revenue.
Visa to launch digital wallet this fall
Credit card company Visa has announced it plans to roll out its own digital wallet this fall in the U.S. and Canada that will offer “click-to-buy” payments for online purchases, as well as mobile purchases based on Near-Field Communications (NFC) being built into an increasing number of spartphones. The goal of the system will be to offer a “Visa-quality” experience in both online and mobile ...
Morning Tech Wrap: Skype, Google, Sony
Microsoft is paying almost 40% more for Skype than the Internet calling service has said the business was worth itself, according to Bloomberg. The .5 billion deal for Luxembourg-based Skype is 32 times larger than Skype’s adjusted earnings before interest, taxes, depreciation and amortization, Bloomberg adds, and 39% more than the multiple Skype used to value its own equity in an April ...
Apple denies iPhones store user location
Apple Inc. denied Wednesday that iPhones store a record of their users' movements for up to a year and blamed privacy concerns partly on a misunderstanding.
