LOS ANGELES--(BUSINESS WIRE)--Aug 30, 2023--

By Samrhitha A (Reuters) -Fortinet sank nearly 18% and sparked a selloff in cybersecurity stocks with a dismal forecast that

Sony Group Corp.’s shares plunged after the electronics and entertainment group’s outlook missed expectations and warned the smartphone

Elon Musk’s X Corp, the company formerly known as Twitter, is being sued by another social network also named X, a lawsuit filed in a federal court revealed. The lawsuit, filed by a Florida-based ad agency X Social Media LLC, alleged that the popular social media platform violates Florida common law because of “unfair competition and trademark and service mark infringement”. It also accused the company owned by Mr Musk of violating Florida’s Deceptive and Unfair Trade Practices Act (FDUPTA). The accusing company said it has existed in the American state with its registered trademark as “X SOCIALMEDIA” continuously since 2016. It said it has existed as “a vanguard in utilizing social media and marketing technology to connect consumers with legal services in situations where those harmed would otherwise remain voiceless and without remedy”. The Florida-based company, founded in 2015 by entrepreneur Jacob Malherbe, said its “distinctive” and “dominant” letter “X” is used to signify the beginning of a life-changing journey towards justice. The ad firm said its ”X” mark is successfully associated with its social media advertising services, adding that it has invested “over $2m to date” in building brand awareness and reaching consumers. It argued that it has “already suffered loss in revenue that correlates with X Corp’s rebrand and use of the mark ‘X’.” “In addition to the symbolic emphasis of the ‘X’, X Social Media frequently emphasizes the ‘X’ portion of its mark throughout its advertising, blogs, and newsletters highlighting its work,” the company said. “X Corp’s use of the ‘X’ mark and recent attempt to register the mark in association with social media, business data, promotion and advertising, business consulting, market research services, and advertising services necessitates this action because its conduct has caused and will continue to cause serious irreparable harm to X Social Media,” the ad agency says. It remains to be seen how X Corp would respond to the lawsuit. X Corp did not immediately respond to The Independent’s request for comment. Read More Elon Musk facing defamation lawsuit in Texas over posts that falsely identified man in protest Elon Musk mocked by Ukraine’s parliament over tweet taunting Zelensky Elon Musk to live stream himself gaming on X in ‘everything app’ bid Elon Musk to live stream himself gaming on X in ‘everything app’ bid Musk confirms he is cutting election integrity staff from X/Twitter ahead of 2024 Reddit will start paying people to post

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An employee used Amazon’s Ring cameras to spy on female users in their bedrooms and bathrooms, according to US officials. Various staff members used the company’s smart home cameras – intended to allow people to watch their own homes when they are away – to watch people without their knowledge, according to the US Federal Trade Commission. Amazon settled for $5.8 million in this case, which said that one employee had watched 81 female customers and Ring employees through their cameras. The company has been hit by two substantial fines over violating users’ privacy. The other accused of breaching childrens’ rights by failing to delete Alexa recordings, even when requested by their parents, leading to a separate $25 million fine. The FTC is also probing Amazon.com’s $1.7 billion deal to buy iRobot Corp, which was announced in August 2022 in Amazon’s latest push into smart home devices, and has a separate antitrust probe underway into Amazon. Amazon, which purchased Ring in April 2018, pledged to make some changes in its practices. “While we disagree with the FTC’s claims regarding both Alexa and Ring, and deny violating the law, these settlements put these matters behind us,” Amazon.com said in a statement. The FTC said Ring gave employees unrestricted access to customers’ sensitive video data: “As a result of this dangerously overbroad access and lax attitude toward privacy and security, employees and third-party contractors were able to view, download, and transfer customers’ sensitive video data.” In one instance in 2017, an employee of Ring viewed videos made by at least 81 female customers and Ring employees using Ring products. “Undetected by Ring, the employee continued spying for months,” the FTC said. A colleague noticed the misconduct and the employee was eventually terminated, the FTC complaint said. In May 2018, an employee gave information about a customer’s recordings to the person’s ex-husband without consent, the complaint said. In another instance, an employee was found to have given Ring devices to people and then watched their videos without their knowledge, the FTC said. As part of the FTC agreement with Ring, which expires after 20 years, Ring is required to disclose to customers how much access to their data the company and its contractors have. In February 2019, Ring changed its policies so that most Ring employees or contractors could only access a customer’s private video with that person’s consent. FTC Commissioner Alvaro Bedoya told Reuters the settlements should send a message to tech companies that their need to collect data was not an excuse to break the law. “This is a very clear signal to them,” he said. The fines, totaling $30.8 million, represent a fraction of Amazon’s $3.2 billion first-quarter profit. In its complaint against Amazon.com filed in Washington state, the FTC said that it violated rules protecting children’s privacy and rules against deceiving consumers who used Alexa. For example, the FTC complaint says that Amazon told users it would delete voice transcripts and location information upon request, but then failed to do so. “The unlawfully retained voice recordings provided Amazon with a valuable database for training the Alexa algorithm to understand children, benefiting its bottom line at the expense of children’s privacy,” the FTC said. Additional reporting by agencies Read More Mark Zuckerberg reveals new VR headset ahead of Apple AI chatbot taken down after it gives ‘harmful advice’ on eating disorders Famous torrent site RARBG shuts down with final parting message Mark Zuckerberg reveals new VR headset ahead of Apple AI chatbot taken down after it gives ‘harmful advice’ on eating disorders Famous torrent site RARBG shuts down with final parting message

Ancient clay tablets unearthed from ancient ruins in Turkey by archaeologists have revealed a language lost to the passages of time. The new language was discovered in the ancient capital of the Hittite Empire at Hattusa (known as Boğazköy-Hattusha). The well-preserved tablets are among many incredible artworks found at the site - a UNESCO World Heritage Site. Over the past four decades, researchers have dusted off nearly 30,000 unique tablets - with most written in Hittite. New research, however, shows that some of the tablet haul shows that they are written in a language previously unknown to modern man. Of course, the meaning and words of this language have not been deciphered, but it appears from early inspection to branch off from languages used within the Hittite Empire - and is being referred to as Kalašma. Interestingly though, researchers from the Istanbul Department of the German Archaeological Institute have noted that the new language is found within a recitation in a 'cultic ritual text'. While that's usually the basis of a middling horror movie, we're certain that there's nothing to worry about - it stems from an ancient Hittite practice. Professor Daniel Schwemer explains that the discovery wasn't unexpected. "The Hittites were uniquely interested in recording rituals in foreign languages," he said. These ritual texts provide insight into little-known languages, and thanks to this discovery, one more has been added to the list. Sign up for our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

Free-to-play games have become increasingly popular over the years, and it's easy to understand why.

RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Jul 12, 2023--