User

Judge Calls Facebook’s View on User Privacy ‘So Wrong’ as Class-Action Lawsuit Proceeds

He rejected Facebook’s arguments that users suffered no “tangible” harm and had no legitimate privacy interest in information they shared with friends on social media. “Facebook’s motion to dismiss is littered with assumptions about the degree to which social media users can reasonably expect their personal information and communications to remain private,” Chhabria wrote. These included the …



Yahoo Shareholders Suing Over Failure to Disclose Breaches

A Yahoo shareholder launched a class action lawsuit this week accusing the ailing tech giant of lying about and “recklessly” failing to disclose cybersecurity problems and massive data breaches, thereby violating federal securities laws and costing shareholders “significant losses and damages.” Yahoo suffered two massive breaches in 2016 hitting 1.5 billion user accounts across both incidents. …


Yahoo Faces ‘At Least’ 23 Lawsuits Over Its Massive Data Breach

In September, Yahoo announced that at least 500 million user account credentials had been stolen from it in late 2014. Yahoo offered more details on the security breach’s effect on its business in an SEC filing on Wednesday. Although the company says it only spent $1 million related to the breach last quarter, it admitted that the breach may “cause users and customers to curtail or stop using our products and services.” CEO Marissa Mayer said last month that she was …


INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Twitter, Inc. Of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 15, 2016

The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Twitter, Inc. (“Twitter”) (NYSE: TWTR) between February 6, 2015 and July 28, 2015 . You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Northern District of California. To …


TWTR SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of a Class Action Involving Twitter, Inc. And a Lead Plaintiff Deadline of November 15, 2016

The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Northern District of California on behalf of investors who purchased Twitter, Inc. (NYSE: TWTR) securities between February 6, 2015 and July 28, 2015. Click here to learn about the case: http://www.wongesq.com/pslra/twitter-inc . There is no cost or obligation …


Twitter Shareholder Sues Company for Misleading Growth Predictions

Twitter is being sued by a shareholder over claims that it misled investors about its prospects for growth. Doris Shenwick has accused the company of making false statements about the company’s predicted user count and user engagement levels, causing wild fluctuations in Twitter’s stock prices. Shenwick claims Twitter executives misled investors in November 2014 when they promised an increase …


Can Facebook Store Your Facial Biometrics? Lawsuit Says No

It’s well-known that Facebook uses an algorithm that can recognise a person based on information in photographs. It’s a little creepy, sure, but is it illegal? Earlier this week, a court ruled against Facebook in a lawsuit that alleged the company unlawfully collected biometric data pertaining to faces in photos without users’ consent, according to CNET.


Broadband News

Earlier this year, New York City’s massive plans to offer free Wi-Fi to the entire city have officially went live. As recently noted, “LinkNYC” started to retrofit older pay phone stations late last year, replacing them with the first of what’s expected to be 7,500 Wi-Fi kiosks that provide gigabit Wi-Fi, and through a partnership with Vonage, free phone calls anywhere in the country, as well …