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TECHNOLOGY
Uber to settle claims for violation of $ 148 million
Uber agreed to pay $ 148 million to settle allegations by 50 states and the District, saying the travel company violated data breach laws pending a year to disclose piracy affecting tens of millions
This transaction is one of the largest in Uber's history and is the largest multi-state sanction ever imposed by state authorities for a data breach.
Uber not only waited a year to reveal the violation – which revealed the names, e-mail addresses and phone numbers of 57 million people worldwide – but also paid the hackers $ 100,000 to keep the incident silent .
"Uber's decision to conceal this violation was a flagrant violation of public trust" California Attorney General Xavier Becerra said in a statement.
The violation was leaked in November after an investigation ordered by Uber chief executive, Dara Khosrowshahi.
– Brian Fung
MEDIA
Comcast wins an auction for Murdoch's Sky
Rupert Murdoch officially distances himself from Sky, the satellite broadcaster that he has helped to build for three decades.
Murdoch's 21st Century Fox has agreed to sell its 39% stake in Sky to Comcast for more than $ 15 billion after a multi-month bidding war. Comcast was about to acquire the remaining 61% of the company, but it was not clear until Wednesday that Murdoch would sell the rest.
This decision allows Fox to focus on another major ongoing project: the majority of the company will be sold to Walt Disney Co. as part of a $ 71 billion deal expected to be completed next year. Disney supported the decision to sell the Fox Stake.
Comcast, the largest cable provider in the United States, is poised to take control of Britain's pay-TV company and its 23 million subscribers in five European countries.
– Bloomberg News
FCC
Telemarketer fined
$ 82 million program
The Federal Communications Commission on Wednesday fined $ 82 million to a telemarketer who made more than 21 million unsolicited calls to consumers to try to sell health insurance and generate leads.
Over a three-month period starting in 2016, Philip Roesel and his companies made more than 200,000 calls each day, according to the FCC, using a technique known as identity theft. using.
"By spoofing his caller ID information, Mr. Roesel prevented consumers from registering complaints and law enforcement authorities from tracking and investigating." stop illegal calls, "the FCC said in a statement.
The FCC has not indicated the amount that Roesel was drawing from its appeal system, but President Ajit Pai said in a statement: "It was impossible to believe that it would have generated the same volume of prospects over 21 million unlawful fraudulent calls.
Roesel, who is based in North Carolina, did not immediately respond to requests for comments made through his company, Wilmington Insurance Quotes. He claimed that the FCC had not proven its intention to harm consumers and that any value received from the calls was not falsely obtained, according to the FCC. The agency concluded that "the evidence did not support these allegations".
– Hamza Shaban
Also in business
New home sales rose 3.5% in August, falling two months as purchases skyrocketed in the expensive Northeast and Western housing markets. The Commerce Department said on Wednesday that new homes built sold at a seasonally adjusted annual rate of 629,000 last month. New home sales grew 6.9% this year. Nevertheless, rising costs and rising mortgage rates have dampened the enthusiasm of potential buyers. The average selling price increased by 5.2% over the same period last year, to $ 388,400.
An Apple computer built in the 1970s, which helped launch the personal computer era, as well as a $ 1 trillion company, sold $ 375,000. The fully functional Apple-1 was auctioned and sold by RR Auction in Boston on Tuesday. RR stated that the winning bid was from a US-based businessman who wanted to remain anonymous. The computer is one of 60 remaining copies of the original 200 designed and built by Steve Jobs and Steve Wozniak in 1976 and 1977, and one of 16 that still work. He then sold for less than $ 700.
– Reports
Coming today
8:30 am: Commerce releases durable goods for August.
8:30 am: Commerce releases second quarter gross domestic product.
10 hours: Freddie Mac, the mortgage company, publishes weekly mortgage rates.
10 hours: The National Association of Realtors publishes an index of pending home sales for August.
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