Remove tag companies act
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Facebook Expands Facial Recognition To All Users

PYMNTS

Facebook has announced it’s going to stop using its controversial Tag Suggestions feature, and facial recognition technology is going to be available to all of its users, Reuters reported Tuesday (Sept. Tag Suggestions, a feature that lets people tag friends, has been controversial.

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Facebook Axes Controversial Tag Suggestions, Adds Facial Recognition For All

PYMNTS

Facebook has announced it’s going to stop using its controversial Tag Suggestions feature, and facial recognition technology is going to be available to all of its users, Reuters reported Tuesday (Sept. Tag Suggestions, a feature that lets people tag friends, has been controversial.

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Court: Facebook Biometric Data Lawsuit Will Proceed

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The court decision could have billions of dollars in consequences for the company, and it follows in the heels of a recent fine of $5 billion that Facebook agreed to pay to the Federal Trade Commission over privacy issues. . The key issue is Facebook’s “Tag Suggestions,” which let users tag friends in previously uploaded photos.

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Judge Says Facial Recognition Suit Against Facebook Can Proceed

PYMNTS

The suit is based on a unique Illinois law — the Biometric Information Privacy Act — which gives users a “property interest” in the algorithms that establish their digital identities. That’s the date when Facebook launched “Tag Suggestions,” a feature that suggests people to tag after a user uploads a photo.

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Facebook Facing $35B Fine Over Facial Recognition Lawsuit

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Facebook started the facial recognition technology in 2011, when it would ask users to identify if people tagged in photos were friends they knew. Facebook has always told people about its use of face recognition technology and given them control over whether it’s used for them,” the company said in a statement. “We

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TRENDING: Robots And Humans Join Forces To Speed eCommerce, Together

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Companies recognize the need for IoT security, but few are acting on those concerns. Microsoft isn’t the only company upping its game. New funding also came to Contguard, a supply chain shipment monitoring and business intelligence services company. Israeli firm Armis recently raised $30 million in new funding.

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LendingClub and Morgan Stanley, A Tale of Two Bank Deals

PYMNTS

The stories come with significantly different price tags: $185 million and $13 billion. For LendingClub, an online lender, the bid to buy Radius Bank means that (assuming the regulatory hurdles are satisfied), within 12 to 15 months, the company will move into a branchless banking model that offers services and products beyond credit.

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