Tuesday was a bad day for Amazon in Washington, D.C. Massachusetts Senatory Ed Markey’s office said it found that the Amazon-owned connected doorbell company Ring has “egregiously lax privacy policies and civil rights protections.” The senator’s office said the company, which has a partnership with more than 400 police departments, allows officers to keep footage from the connected doorbell’s...
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What Went Wrong at Wyre, the Crypto Payments Startup That Went From $1.5 Billion Deal to Last-Ditch Rescue
In early May, crypto startup Wyre rented out three houses in Arizona for an offsite for its product and engineering teams. Executives arranged a tour of the Grand Canyon nearby and rented all-terrain vehicles to ride around the area, one person who attended told The Information. There was good reason to celebrate: Weeks before, checkout startup Bolt announced it had inked a deal to buy Wyre for...
Japan and Netherlands To Join U.S. Restrictions on Chip Machinery Exports to China
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