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Businesses

Wisconsin State Legislature Signs Off On $3 Billion Foxconn Incentive Package (venturebeat.com) 158

On Thursday, legislators in the state of Wisconsin approved a nearly $3 billion incentive package for the Taiwanese electronics manufacturer, Foxconn, in exchange for it investing approximately $10 billion in the state and building a factory that could employ up to 13,000 workers. The legislation is now headed to Republican Governor Scott Walker's desk, where he is expected to give it his seal of approval. VentureBeat reports: The bill passed the Wisconsin State Assembly on a 64-31 vote, after previously passing the state senate on a 20-13 vote. The move signals the start of what will likely be an important experiment in just how much generous incentive packages can do to help create new tech hubs. Governor Walker has said that the Foxconn factory â" the company's first in the United States -- will help transform Wisconsin into "Wisconn Valley." While on a trade mission this week to Japan and South Korea, Governor Walker told reporters that many of the companies he met with on the trip were already "every interested in how they could come to Wisconsin and partner for that new ecosystem." However, there are still a few details that need to be finalized before Foxconn can start breaking ground -- most notably, where the company will build the factory. The factory was set to be built in either Kenosha or Racine County, Wisconsin, before Kenosha dropped out of the running earlier this week.
Facebook

Spain Fines Facebook Over Tracking Users Without Consent (tomshardware.com) 41

Spain's Data Protection Authority has issued a 1.2 million euro fine against Facebook after it found three instances when the company collected data without informing users, as required by European Union privacy laws. Tom's Hardware reports: The AEPD found multiple issues with how Facebook gathered data on Spanish users. One of the issues was that Facebook collects data on ideology, sex, and religious beliefs, as well as personal tastes and web surfing habits without informing the users about how that data will be used. A second issue was that Facebook wasn't obtaining specific and informed consent from the users because the data it was offering them about the collection was not sufficiently clear. The company has been tracking both users and non-users of the service through the Like button across the web without informing them about this sort of tracking, nor about what it plans to do with the data. The company has said that the collection is done for advertising purposes before, but some purposes remain secret, according to the Spanish Data Protection Authority. The AEPD said this sort of collection doesn't comply with the EU's data protection regulations.

Finally, the AEPD also noticed that Facebook has not been completely purging the data about users who had already deleted their accounts and that Facebook was making use of accounts' data that have been deleted for more than 17 months. Considering the data that has remained behind is no longer useful for the purpose for which it was collected, the agency considered this another serious infringement of EU privacy laws.

Security

ISPs Claim a Privacy Law Would Weaken Online Security, Increase Pop-Ups (arstechnica.com) 86

An anonymous reader quotes a report from Ars Technica: The country's biggest Internet service providers and advertising industry lobby groups are fighting to stop a proposed California law that would protect the privacy of broadband customers. AT&T, Comcast, Charter, Frontier, Sprint, Verizon, and some broadband lobby groups urged California state senators to vote against the proposed law in a letter Tuesday. The bill would require Internet service providers to obtain customers' permission before they use, share, or sell the customers' Web browsing and application usage histories. California lawmakers could vote on the bill Friday of this week, essentially replicating federal rules that were blocked by the Republican-controlled Congress and President Trump before they could be implemented. The text and status of the California bill, AB 375, are available here.

The letter claims that the bill would "lead to recurring pop-ops to consumers that would be desensitizing and give opportunities to hackers" and "prevent Internet providers from using information they have long relied upon to prevent cybersecurity attacks and improve their service." The Electronic Frontier Foundation picked apart these claims in a post yesterday. The proposed law won't prevent ISPs from taking security measures because the bill "explicitly says that Internet providers can use customer's personal information (including things like IP addresses and traffic records) 'to protect the rights or property of the BIAS [Broadband Internet Access Service] provider, or to protect users of the BIAS and other BIAS providers from fraudulent, abusive, or unlawful use of the service,'" EFF Senior Staff Technologist Jeremy Gillula wrote.

Google

Google Hit With Gender Pay Discrimination Lawsuit (axios.com) 244

An anonymous reader shares a report: Three female former Google employees have filed a lawsuit against the search giant alleging gender-based pay discrimination, as the Associated Press reported. The former employees, Kelly Ellis, Holly Pease and Kelli Wisuri, all left the company after being put on career paths within the company that they say would pay them less than their male counterparts.
Government

In a Highly Unusual Move, FTC Confirms It Is Investigating Equifax (reuters.com) 117

The Federal Trade Commission (FTC) on Thursday confirmed it is investigating Equifax's handling of a data breach affecting 143m Americans. "The FTC typically does not comment on ongoing investigations. However, in light of the intense public interest and the potential impact of this matter, I can confirm that FTC staff is investigating the Equifax data breach," said Peter Kaplan, the commission's acting director of public affairs. Washington Post reporter tweeted: "To put a finer point on it, this is really, really unusual -- the FTC hardly ever says anything about ongoing probes."
Businesses

Silicon Valley Bosses Are Globalists, Not Libertarians (economist.com) 308

From a report via The Economist: In a recently published survey of 600 entrepreneurs and executives in Silicon Valley, conducted by David Broockman and Neil Malhotra of Stanford University and Gregory Ferenstein, a journalist, three-quarters of respondents said they supported Hillary Clinton during the 2016 presidential election. But although technology-firm leaders hold views that in general hew much closer to Democratic positions than Republican ones, they are far from reliable partisan ideologues. As you might expect from captains of industry, Silicon Valley executives are much more likely to support free trade and to oppose government regulation of businesses than your average Democrat is. For example, just 30% of tech bosses believe that ride-hailing companies need to be regulated like the taxi industry, compared with 60% of Democrats.

Given their combination of socially liberal attitudes and a preference for free markets, you might call Silicon Valley executives libertarians. However, libertarians generally advocate shrinking the state as a share of the economy, which technology bosses resolutely do not. When asked if they "would like to live in a society where government does nothing except provide national defense and police protection, so that people could be left alone to earn whatever they could," just 24% agreed. In contrast, 68% of Republican donors concurred with that statement. Moreover, Silicon Valley entrepreneurs are just as likely to favor redistributive economic policies, such as universal health care and higher taxes on the rich, as an average Democrat is. The outlook of our new robot-building overlords is far more communitarian than, say, the doctrines of Ayn Rand.

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