Groups Call Foul Over Google Attempt to Ensnare Kids in ‘Advertising Empire’ – Sarah Lazare

Prominent advocacy organizations charged on Tuesday that the YouTube Kids app, marketed by Google as a family-friendly and child-appropriate platform, is in fact neither, featuring “disturbing” and “potentially harmful” content. The latest accusations were issued by the Campaign for a Commercial-Free Childhood and Center for Digital Democracy as an update to an earlier complaint against Google, owner of YouTube, filed with the Federal Trade …

Facebook Hit With Class Action Lawsuit Over Facial Recognition Data

A new class action lawsuit claims Facebook violated its users’ privacy rights in acquiring what it describes as the largest privately held database of facial recognition data in the world. According to a report from Courthouse News Service, lead plaintiff Carlo Licata, of Cook County, claims the social network violated Illinois privacy laws by not providing him with written notification that his biometric …

Central Banks Warn: Investors May Get Crushed When They All Run for the Exits

Companies are selling bonds like madmen. This year through Tuesday, investment-grade and junk-rated companies have sold $438 billion in new bonds, up 14% from the prior record for this time of the year, set in 2013, according to Dealogic. This quarter is already in second place, nudging up against the all-time quarterly record of $455 billion of Q2 2014. About $87 …