Forget the QR code. Facial recognition could be the next big thing for payments in China

Scanning a barcode to make payments in China could soon be a thing of the past, as technology giants such as Tencent are now studying the use of facial and fingerprint recognition for such transactions. Most people in China pay using their mobile phones to scan QR codes — a type of barcode system. They do so via the two most popular mobile payment platforms: Tencent’s WeChat Pay and Alibaba’s payments arm Alipay. “In China, payment methods using QR codes have replaced cash and cards in just five


Scanning a barcode to make payments in China could soon be a thing of the past, as technology giants such as Tencent are now studying the use of facial and fingerprint recognition for such transactions.
Most people in China pay using their mobile phones to scan QR codes — a type of barcode system.
They do so via the two most popular mobile payment platforms: Tencent’s WeChat Pay and Alibaba’s payments arm Alipay.
“In China, payment methods using QR codes have replaced cash and cards in just five
Forget the QR code. Facial recognition could be the next big thing for payments in China Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-19  Authors: yen nee lee, kevin shalvey
Keywords: news, cnbc, companies, mobile, using, recognition, codes, wechat, pay, china, facial, payments, thing, forget, system, payment, big, code


Forget the QR code. Facial recognition could be the next big thing for payments in China

Scanning a barcode to make payments in China could soon be a thing of the past, as technology giants such as Tencent are now studying the use of facial and fingerprint recognition for such transactions.

Most people in China pay using their mobile phones to scan QR codes — a type of barcode system. They do so via the two most popular mobile payment platforms: Tencent’s WeChat Pay and Alibaba’s payments arm Alipay.

“In China, payment methods using QR codes have replaced cash and cards in just five years. It’s possible that in the next few years, new and better products could emerge to replace QR codes,” said Greg Geng, vice president of Tencent’s WeChat Business Group, at CNBC’s East Tech West conference in the Nansha district of Guangzhou, China.

Geng made those comments in Mandarin on Monday, which were translated by CNBC.

WeChat Pay in August introduced its “Frog Pro” system that allows customers to make payments by simply scanning their faces — without the use of their mobile phones. The technology is now being tested in several retail chains in China and came after Alipay rolled out its own facial recognition payment system, the “Dragonfly,” last year.


Company: cnbc, Activity: cnbc, Date: 2019-11-19  Authors: yen nee lee, kevin shalvey
Keywords: news, cnbc, companies, mobile, using, recognition, codes, wechat, pay, china, facial, payments, thing, forget, system, payment, big, code


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These are some of the worst office gifts employees say they ever received

Office gift giving can be especially fraught when work dynamics come into play, and by some accounts, employers are missing the mark. Despite the majority of workers saying they’ve received bad gifts, they do want the recognition of a job well done. Four out of five employees said receiving a holiday gift from their employer would make them feel more appreciated and motivated at work. An office culture that values employee recognition could lead to better worker satisfaction and productivity ove


Office gift giving can be especially fraught when work dynamics come into play, and by some accounts, employers are missing the mark.
Despite the majority of workers saying they’ve received bad gifts, they do want the recognition of a job well done.
Four out of five employees said receiving a holiday gift from their employer would make them feel more appreciated and motivated at work.
An office culture that values employee recognition could lead to better worker satisfaction and productivity ove
These are some of the worst office gifts employees say they ever received Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-18  Authors: jennifer liu
Keywords: news, cnbc, companies, worst, received, office, recognition, work, gifts, cash, employees, workers, gift, say, survey


These are some of the worst office gifts employees say they ever received

Office gift giving can be especially fraught when work dynamics come into play, and by some accounts, employers are missing the mark.

That’s according to a new report from Snappy, a corporate gifting platform, which surveyed over 1,000 U.S. workers to get their thoughts and experiences around receiving holiday gifts from their employers.

The survey answers revealed that many companies don’t have a firm grasp on what gifts their workers would really appreciate: 84% of workers say they’ve received a gift they didn’t want, and nearly 90% have faked a positive reaction to a bad one.

Some of the worst corporate gifts employees have received, according to survey responses, include:

A book on how to be better at your job

Melted chocolate coins

A tourniquet (a device that applies pressure to a limb to limit blood flow)

A seat belt cutter

Quail from a boss’s hunting trip

Season tickets to the CEO’s son’s little league

A quart of milk

Old stale cookies

A toy horse

Deli meat

A lackluster gift can send a lasting negative message, Snappy CEO and co-founder Hani Golstein says.

“In my opinion, implementing this process in the wrong way, and giving people items or experiences that they are not interested in, is a missed opportunity to engage with your team members,” Goldstein tells CNBC Make It. “Sometimes, it’s also a waste of resources which can do damage to the relationship you are trying to build with your team.”

Despite the majority of workers saying they’ve received bad gifts, they do want the recognition of a job well done. Four out of five employees said receiving a holiday gift from their employer would make them feel more appreciated and motivated at work.

Positive recognition can also be crucial to employee performance and retention. According to one survey, 60% of people said they value recognition as much as money, and 40% said they’d put in extra energy at work if they got more recognition.

The small seasonal gesture could also have a large impact on company culture. A recent Glassdoor survey found that 56% of workers rank a strong workplace culture as more important than salary. An office culture that values employee recognition could lead to better worker satisfaction and productivity overall.

“Although many companies perceive recognition as a costly nice-to-have, it’s an absolutely necessary investment,” Goldstein says.

Even high-profile entrepreneurs understand the value of thanking employees this time of year. “Shark Tank” star Kevin O’Leary’s go-to gift is simple yet universally desired: Money.

“My favorite gift in the holidays is an envelope full of cash. Everybody loves that. They really do,” O’Leary told CNBC Make It, adding that it’s also his holiday gift of choice for business colleagues and even family and friends.

“I’ve never given a wad of cash to an employee or a friend or a family member that wasn’t met with a big smile,” he said. “Cash with a rose on the envelope? Ooh-la-la!”

If liquid cash isn’t on the table, Monster career expert Vicki Salemi suggests gift givers stick to the thoughtful, but not-too-personal, territory.

“Ask yourself if it’s something you’d like to receive,” Salemi told CNBC Make It. “Even if it may feel generic, chances are that’ll be a good gift.” The ultimate test: The gift should be something that shows appreciation.

Like this story? Subscribe to CNBC Make It on YouTube!

Don’t miss: The happiest employees in the U.S. work at these 10 companies


Company: cnbc, Activity: cnbc, Date: 2019-11-18  Authors: jennifer liu
Keywords: news, cnbc, companies, worst, received, office, recognition, work, gifts, cash, employees, workers, gift, say, survey


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Getting facial recognition right means balancing privacy with security, Chinese tech exec says

Facial recognition technology has been the subject of much controversy due to concerns over public surveillance. With that in mind, an executive at one leading Chinese firm deploying the technology says that getting it right will be something of a balancing act, with considerations around data privacy on the one hand and public security issues on the other. The firm also works with banks, which use its facial identification software at ATMs. Facial recognition companies have been at the heart of


Facial recognition technology has been the subject of much controversy due to concerns over public surveillance.
With that in mind, an executive at one leading Chinese firm deploying the technology says that getting it right will be something of a balancing act, with considerations around data privacy on the one hand and public security issues on the other.
The firm also works with banks, which use its facial identification software at ATMs.
Facial recognition companies have been at the heart of
Getting facial recognition right means balancing privacy with security, Chinese tech exec says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-18  Authors: ryan browne, kevin shalvey
Keywords: news, cnbc, companies, privacy, recognition, firm, security, right, public, data, companies, tech, facial, exec, technology, issues, chinese, getting, means


Getting facial recognition right means balancing privacy with security, Chinese tech exec says

Facial recognition technology has been the subject of much controversy due to concerns over public surveillance.

With that in mind, an executive at one leading Chinese firm deploying the technology says that getting it right will be something of a balancing act, with considerations around data privacy on the one hand and public security issues on the other.

“Privacy is one of the major, very sensitive issues nowadays given that the data is increasing very rapidly,” Candy Wu, vice president of Guangzhou, China-based CloudWalk, said during a panel at CNBC’s East Tech West event.

According to a report from the South China Morning Post, CloudWalk’s technology has been used to help Chinese police arrest more than 10,000 criminals over the past four years. The firm also works with banks, which use its facial identification software at ATMs.

Facial recognition companies have been at the heart of a contentious debate over how the technology is deployed in China to monitor citizens. Chinese tech companies including Huawei, Hikvision, Dahua and ZTE supply artificial intelligence-powered surveillance technology for a number of so-called “smart city” projects.


Company: cnbc, Activity: cnbc, Date: 2019-11-18  Authors: ryan browne, kevin shalvey
Keywords: news, cnbc, companies, privacy, recognition, firm, security, right, public, data, companies, tech, facial, exec, technology, issues, chinese, getting, means


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Microsoft hires Eric Holder to audit AnyVision over use of facial recognition on Palestinians

Microsoft has hired former United States Attorney General Eric Holder to conduct an audit of facial recognition company AnyVision to determine whether it complies with Microsoft’s ethical principles on how the biometric surveillance technology should be used. Under the terms of the deal, Microsoft stipulated that AnyVision should comply with its six ethical principles to guide its facial recognition work: fairness, transparency, accountability, nondiscrimination, notice and consent, and lawful s


Microsoft has hired former United States Attorney General Eric Holder to conduct an audit of facial recognition company AnyVision to determine whether it complies with Microsoft’s ethical principles on how the biometric surveillance technology should be used.
Under the terms of the deal, Microsoft stipulated that AnyVision should comply with its six ethical principles to guide its facial recognition work: fairness, transparency, accountability, nondiscrimination, notice and consent, and lawful s
Microsoft hires Eric Holder to audit AnyVision over use of facial recognition on Palestinians Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-15  Authors: olivia solon, jordan novet, amanda macias
Keywords: news, cnbc, companies, palestinians, hires, surveillance, recognition, holder, facial, anyvision, audit, microsoft, technology, eric, west, work, ethical, principles


Microsoft hires Eric Holder to audit AnyVision over use of facial recognition on Palestinians

Microsoft has hired former United States Attorney General Eric Holder to conduct an audit of facial recognition company AnyVision to determine whether it complies with Microsoft’s ethical principles on how the biometric surveillance technology should be used.

Microsoft’s venture capital arm, M12, invested in AnyVision as part of a $74 million Series A funding round in June. Under the terms of the deal, Microsoft stipulated that AnyVision should comply with its six ethical principles to guide its facial recognition work: fairness, transparency, accountability, nondiscrimination, notice and consent, and lawful surveillance.

The last principle states, “We will advocate for safeguards for people’s democratic freedoms in law enforcement surveillance scenarios and will not deploy facial recognition technology in scenarios that we believe will put these freedoms at risk.”

AnyVision, headquartered in Israel, sells an “advanced tactical surveillance” software system, Better Tomorrow. It lets customers identify individuals and objects in any live camera feed, such as a security camera or smartphone, and then track targets as they move between different feeds.

NBC News reported in October that according to five sources familiar with the matter, AnyVision’s technology has powered a secret military surveillance project that has monitored Palestinians in the West Bank. The project was so successful that AnyVision won Israel’s top defense price in 2018 for preventing “hundreds of terror attacks” using “large amounts of data.”

Human rights activist argued that AnyVision’s work monitoring Palestinians in the West Bank was incompatible with its public statements about ethical standards for facial recognition technology.

“AnyVision’s facial recognition technology is not being used for surveillance in the West Bank or the Gaza Strip, and AnyVision would not allow its technology to be used for that purpose,” said AnyVision in a statement issued to NBC News last month.

The company said that its technology was only used at checkpoints into and out of Israel, “similar to Global Entry in the United States.”

AnyVision disputed the accuracy of the NBC News story published in October, but did not respond to subsequent questions seeking clarifications regarding its use of the technology.

AnyVision did not respond to a request for comment about the Holder audit when contacted Friday.

When NBC News reported on this classified work in October, Microsoft said it took the allegations of surveillance seriously because “they would violate our facial recognition principles,” a company spokesman said.

“If we discover any violation of our principles, we will end our relationship.”

“All of our installations have been examined and confirmed against not only Microsoft’s ethical principles, but also our own internal rigorous approval process,” AnyVision said at the time.

Holder will lead a team of former federal prosecutors at law firm Covington & Burling to carry out the investigation into how AnyVision’s technology is being used.

“They will move quickly, reviewing documents and conducting on the ground interviews with Anyvision employees and others to ensure a full and thorough investigation,” said a Microsoft spokesman in a statement.

In 2017, Uber hired Holder to investigate allegations of sexual harassment published by former employee Susan Fowler. Airbnb hired him the previous year to help develop the company’s anti-discrimination policies, after reports that some Airbnb hosts had rejected African-American and trangender travelers.


Company: cnbc, Activity: cnbc, Date: 2019-11-15  Authors: olivia solon, jordan novet, amanda macias
Keywords: news, cnbc, companies, palestinians, hires, surveillance, recognition, holder, facial, anyvision, audit, microsoft, technology, eric, west, work, ethical, principles


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Microsoft funded an Israeli firm that surveils West Bank Palestinians, according to NBC News investigation

The American technology company Google is not involved in the project, a spokesman said. The addition of facial recognition technology transforms passive camera surveillance combined with the list of suspects into a much more powerful tool. It’s hard to see how using it on a captive population [like Palestinians in the West Bank] could comply with Microsoft’s ethical principles,” he added. “Microsoft takes these mass surveillance allegations seriously because they would violate our facial recogn


The American technology company Google is not involved in the project, a spokesman said.
The addition of facial recognition technology transforms passive camera surveillance combined with the list of suspects into a much more powerful tool.
It’s hard to see how using it on a captive population [like Palestinians in the West Bank] could comply with Microsoft’s ethical principles,” he added.
“Microsoft takes these mass surveillance allegations seriously because they would violate our facial recogn
Microsoft funded an Israeli firm that surveils West Bank Palestinians, according to NBC News investigation Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-28  Authors: olivia solon
Keywords: news, cnbc, companies, palestinians, technology, facial, ethical, israeli, principles, surveillance, company, firm, anyvision, surveils, west, nbc, bank, recognition, investigation, funded, microsoft


Microsoft funded an Israeli firm that surveils West Bank Palestinians, according to NBC News investigation

Satya Nadella, chief executive officer of Microsoft, speaks during a Microsoft launch event to introduce the new Microsoft Surface laptop and Windows 10 S operating system, May 2, 2017 in New York City. Getty Images

Microsoft has invested in a startup that uses facial recognition to surveil Palestinians throughout the West Bank, in spite of the tech giant’s public pledge to avoid using the technology if it encroaches on democratic freedoms. AnyVision, which is headquartered in Israel but has offices in the U.S., the U.K., and Singapore, sells an “advanced tactical surveillance” software system, Better Tomorrow. It lets customers identify individuals and objects in any live camera feed, such as a security camera or smartphone, and then track targets as they move between different feeds. According to five sources familiar with the matter, AnyVision’s technology powers a secret military surveillance project throughout the West Bank. One source said the project is nicknamed “Google Ayosh,” where “Ayosh” means occupied Palestinian territories and “Google” denotes the technology’s ability to search for people. The American technology company Google is not involved in the project, a spokesman said. The surveillance project was so successful that AnyVision won the country’s top defense prize in 2018. During the presentation, Israel’s defense minister lauded the company — without using its name — for preventing “hundreds of terror attacks” using “large amounts of data.” Palestinians living in the West Bank do not have Israeli citizenship or voting rights but are subject to movement restrictions and surveillance by the Israeli government. Face recognition is possibly the most perfect tool for complete government control in public spaces, so we need to treat it with extreme caution – ACLU’s Shankar Narayan The Israeli army has installed thousands of cameras and other monitoring devices across the West Bank to monitor the movements of Palestinians and deter terror attacks. Security forces and intelligence agencies also scan social media posts and use algorithms in an effort to predict the likelihood that someone will carry out a lone-wolf attack and arrest them before they do. The addition of facial recognition technology transforms passive camera surveillance combined with the list of suspects into a much more powerful tool. “The basic premise of a free society is that you shouldn’t be subject to tracking by the government without suspicion of wrongdoing. You are presumed innocent until proven guilty,” said Shankar Narayan, technology and liberty project director at the American Civil Liberties Union. “The widespread use of face surveillance flips the premise of freedom on its head and you start becoming a society where everyone is tracked no matter what they do all the time.” “Face recognition is possibly the most perfect tool for complete government control in public spaces, so we need to treat it with extreme caution. It’s hard to see how using it on a captive population [like Palestinians in the West Bank] could comply with Microsoft’s ethical principles,” he added. When NBC News first approached AnyVision for an interview, the company’s CEO Eylon Etshtein denied any knowledge of “Google Ayosh,” threatened to sue NBC News and said that AnyVision was the “most ethical company known to man.” He disputed that the West Bank was “occupied” and questioned the motivation of the NBC News inquiry, suggesting the reporter must have been funded by a Palestinian activist group. In subsequent written responses to NBC News’s questions and allegations, AnyVision apologized for the outburst and revised its position. “As a private company we are not in a position to speak on behalf of any country, company or institution,” Etshtein said. Days later, AnyVision gave a different response: “We are affirmatively denying that AnyVision is involved in any other project beyond what we have already stated [referring to the use of AnyVision’s software at West Bank border checkpoints].” AnyVision’s technology has also been used by Israeli police to track suspects through the Israel-controlled streets of East Jerusalem, where three of five residents are Palestinian. One of the company’s technology demonstrations, a video obtained by NBC News, shows what purports to be live camera feeds monitoring people, including children and women wearing hijabs and abayas, as they walk through Jerusalem. AnyVision said this did not reflect an “ongoing customer relationship,” referring to the Israeli police. When AnyVision won the prestigious Israel Defense Prize, awarded to entities found to have “significantly improved the security of the state,” the company wasn’t named in the media announcement because the surveillance project was classified. Employees were instructed not to talk about the award publicly. However, NBC News has seen a photo of the team accepting the prize, a framed certificate that commends AnyVision for its “technological superiority and direct contribution to the prevention of terror attacks.” AnyVision said it does not comment on behalf of “other companies, countries or institutions.” “Many countries and organizations face a diverse set of threats, whether it is keeping students and teachers safe in schools, facilitating the movement of individuals in and out of everyday buildings, and other situations where innocents could face risk,” said the company in a statement. “Our fundamental mission is to help keep all people safe with a best-in-class technology offering, wherever that threat may originate.” The Israel Defense Forces (IDF) declined to comment on “Google Ayosh” or AnyVision’s receipt of the Israel Defense Prize.

Microsoft’s investment

NBC’s investigation, which builds on reporting from Israeli business publication TheMarker, comes at a time when Microsoft is positioning itself as a moral leader among technology companies, a move that has shielded the company from sustained public criticism faced by others like Facebook and Google. The company’s investment in AnyVision raises questions about how it applies its ethical principles in practice. “Microsoft takes these mass surveillance allegations seriously because they would violate our facial recognition principles,” said a Microsoft spokesman. “If we discover any violation of our principles, we will end our relationship.” “All of our installations have been examined and confirmed against not only Microsoft’s ethical principles, but also our own internal rigorous approval process,” said AnyVision. In June, Microsoft’s venture capital arm M12 announced it would invest in AnyVision as part of a $74 million Series A funding round, along with Silicon Valley venture capital firm DFJ. The deal sparked criticism from human rights activists who argued — as Forbes reported — that the investment was incompatible with Microsoft’s public statements about ethical standards for facial recognition technology. While there are benign applications for facial recognition, such as unlocking your smartphone, the technology is controversial because it can be used to facilitate mass surveillance, exacerbate human bias in policing and infringe on people’s civil liberties. Because of this, several U.S. cities, including San Francisco, Oakland and Berkeley in California and Somerville, Massachusetts, have banned the use of the software by the police and other agencies. In a December 2018 blog post, Microsoft President Brad Smith said, “We need to be clear-eyed about the risks and potential for abuse” and called for government regulation of facial-recognition technology. He noted that it can “lead to new intrusions into people’s privacy” and that when used by a government for mass surveillance can “encroach on democratic freedoms.” Microsoft also unveiled six ethical principles to guide its facial recognition work: fairness, transparency, accountability, non-discrimination, notice and consent and lawful surveillance. The last principle states: “We will advocate for safeguards for people’s democratic freedoms in law enforcement surveillance scenarios and will not deploy facial recognition technology in scenarios that we believe will put these freedoms at risk.” Microsoft said that AnyVision agreed to comply with these principles as part of M12’s investment and secured audit rights to ensure compliance. “We are proceeding with a third party audit and asked for a robust board level review and compliance process. AnyVision has agreed to both,” said a Microsoft spokesman. Microsoft declined to explain how, exactly, it defined these principles or how it verified AnyVision’s compliance prior to investing. “They seem to believe they can have their cake and eat it, that ethical principles just exist in the abstract and don’t have to engage with real-world politics. But their technologies do, which means that they do,” said Os Keyes, from the University of Washington, who researches the ethics of facial recognition.

‘Our mission is to help keep people safe’

Several former AnyVision employees, who did not want to be named because they had signed non-disclosure agreements and feared retaliation, told NBC News that the company did not adhere to Microsoft’s ethical standards. “Ultimately I saw no evidence that ethical considerations drove any business decisions,” said one former employee. They also described a cut-throat culture, where the pressure to sell technology to corporate, government and military clients overrode moral questions around the application of the technology. All of the former employees NBC News spoke to said they left because of broken promises over bonuses and other compensation and ethical questions over how the technology was being marketed and used in practice. “There’s a certain amount of ‘fake it until you make it’ with startups but let’s just say their definition of the truth is quite a bit more flexible than mine,” said one. Another suggested that AnyVision may have made similar misrepresentations to investors like Microsoft. AnyVision told NBC News that it reviewed all of its customers and use cases for compliance with Microsoft’s ethical standards and found nothing in violation. It did not provide any specific details about the compliance process. “While we are working very hard to meet and beat our commercial KPIs (key performance indicators), it is never at the expense of ethical considerations,” said AnyVision. AnyVision said that staffing changes were a difficult but expected part of being a “rapidly growing startup.” “Fundamentally our mission is to help keep people safe, improve daily life and do so in an ethical manner,” said Etshtein.

AnyVision’s military ties


Company: cnbc, Activity: cnbc, Date: 2019-10-28  Authors: olivia solon
Keywords: news, cnbc, companies, palestinians, technology, facial, ethical, israeli, principles, surveillance, company, firm, anyvision, surveils, west, nbc, bank, recognition, investigation, funded, microsoft


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Amazon says punishing counterfeiters and regulating facial recognition technology are among its top issues

In a 1,300-word blog post on Thursday, Amazon laid out its position on 11 sensitive matters, where “there is much room for healthy debate and differing opinions.” The topics include minimum wage, climate change, workplace diversity, immigration, regulation, counterfeit sales and data privacy. Warren has lobbied for Amazon, and other big tech companies, to be broken up, and in Europe the company is being investigated to determine if its use of merchant data breaches competition rules. Amazon didn


In a 1,300-word blog post on Thursday, Amazon laid out its position on 11 sensitive matters, where “there is much room for healthy debate and differing opinions.” The topics include minimum wage, climate change, workplace diversity, immigration, regulation, counterfeit sales and data privacy. Warren has lobbied for Amazon, and other big tech companies, to be broken up, and in Europe the company is being investigated to determine if its use of merchant data breaches competition rules. Amazon didn
Amazon says punishing counterfeiters and regulating facial recognition technology are among its top issues Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: eugene kim
Keywords: news, cnbc, companies, facial, including, technology, data, used, post, rekognition, warren, issues, regulating, governments, counterfeiters, framework, amazon, punishing, recognition


Amazon says punishing counterfeiters and regulating facial recognition technology are among its top issues

As Amazon expands into a host of new markets and stares down regulators and lawmakers across the globe, the company is spelling out to investors and consumers that it’s well aware of the many controversial issues that lie ahead.

In a 1,300-word blog post on Thursday, Amazon laid out its position on 11 sensitive matters, where “there is much room for healthy debate and differing opinions.” The topics include minimum wage, climate change, workplace diversity, immigration, regulation, counterfeit sales and data privacy.

The post lands at a time when U.S. politicians on both sides of the aisle, including President Trump on the right and Democratic presidential candidates Elizabeth Warren and Bernie Sanders on the left, are taking aim at Amazon for some combination of its size, market power, taxes paid and treatment of workers. Warren has lobbied for Amazon, and other big tech companies, to be broken up, and in Europe the company is being investigated to determine if its use of merchant data breaches competition rules.

Amazon didn’t address antitrust in Thursday’s blog post, but it did say that its facial recognition technology, Rekognition, which has been used to help locate missing children and identify child sex trafficking victims, can be misused and should be quickly put under a regulatory framework by governments.

“We provide guidance to all Rekognition customers, including law enforcement customers, on the technology’s proper use and have a clear Acceptable Use Policy,” Amazon said. “However, we think that governments should act to regulate the use of this technology to ensure it’s used appropriately, and we have proposed guidelines for an appropriate U.S. national legislative framework that protects individual civil rights and ensures that governments are transparent in their application of the technology.”


Company: cnbc, Activity: cnbc, Date: 2019-10-11  Authors: eugene kim
Keywords: news, cnbc, companies, facial, including, technology, data, used, post, rekognition, warren, issues, regulating, governments, counterfeiters, framework, amazon, punishing, recognition


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Goldman evaluating role in China’s Megvii IPO after US blacklist

Goldman Sachs said on Tuesday it was reviewing its involvement in Megvii Technology’s planned initial public offering (IPO) after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist. In an emailed statement in response to a request for comment on the Alibaba-backed Megvii IPO, Goldman said it was “evaluating in light of the recent developments.” Goldman is a joint sponsor of the Megvii IPO, alongside Citigroup and JPMorgan Chase, which both declined to


Goldman Sachs said on Tuesday it was reviewing its involvement in Megvii Technology’s planned initial public offering (IPO) after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist. In an emailed statement in response to a request for comment on the Alibaba-backed Megvii IPO, Goldman said it was “evaluating in light of the recent developments.” Goldman is a joint sponsor of the Megvii IPO, alongside Citigroup and JPMorgan Chase, which both declined to
Goldman evaluating role in China’s Megvii IPO after US blacklist Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-09
Keywords: news, cnbc, companies, chinese, firm, goldman, intelligence, evaluating, chinas, recognition, blacklist, shanghai, facial, megvii, ipo, role, public, companies


Goldman evaluating role in China's Megvii IPO after US blacklist

An attendee uses his smartphone to record a facial-recognition demonstration on himself at the Beijing Megvii booth at the MWC Shanghai exhibition in Shanghai, China, on June 27, 2019.

Goldman Sachs said on Tuesday it was reviewing its involvement in Megvii Technology’s planned initial public offering (IPO) after the U.S. government placed the Chinese artificial intelligence firm on a human rights blacklist.

The Trump administration said on Monday that Megvii and seven other Chinese companies were targeted because they were implicated in Beijing’s repression of Muslim minority populations in the Xinjiang Uighur Autonomous Region in the far west of the country.

In an emailed statement in response to a request for comment on the Alibaba-backed Megvii IPO, Goldman said it was “evaluating in light of the recent developments.” Sources had previously told Reuters the listing was scheduled for Hong Kong in the fourth quarter and might raise as much as $1 billion.

Risk consultants and Silicon Valley lawyers said that other U.S. companies involved with the blacklisted Chinese firms, whether as investors or as underwriters, are also likely to reevaluate their relationships.

Goldman is a joint sponsor of the Megvii IPO, alongside Citigroup and JPMorgan Chase, which both declined to comment.

Goldman had thoroughly evaluated the Megvii deal before initially signing onto it using its usual due diligence process, a person familiar with the matter said.

Known in the artificial intelligence business for its facial recognition platform Face++, Megvii will become the first Chinese AI firm to go public if the deal goes ahead. The company provides facial recognition and other AI technology to governments and companies including Alibaba, Ant Financial, Lenovo Group and Huawei.


Company: cnbc, Activity: cnbc, Date: 2019-10-09
Keywords: news, cnbc, companies, chinese, firm, goldman, intelligence, evaluating, chinas, recognition, blacklist, shanghai, facial, megvii, ipo, role, public, companies


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China’s surveillance tech is spreading globally, raising concerns about Beijing’s influence

I think we don’t even quite understand the full scale of the problem that we are dealing with when it comes to Chinese surveillance technology when it is exported. “I think we don’t even quite understand the full scale of the problem that we are dealing with when it comes to Chinese surveillance technology when it is exported. Maya Wang China researcher at Human Rights WatchNowhere is China’s surveillance state more visible than in Xinjiang, home to China’s Uighur minority. She warned of the dan


I think we don’t even quite understand the full scale of the problem that we are dealing with when it comes to Chinese surveillance technology when it is exported. “I think we don’t even quite understand the full scale of the problem that we are dealing with when it comes to Chinese surveillance technology when it is exported. Maya Wang China researcher at Human Rights WatchNowhere is China’s surveillance state more visible than in Xinjiang, home to China’s Uighur minority. She warned of the dan
China’s surveillance tech is spreading globally, raising concerns about Beijing’s influence Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-08  Authors: arjun kharpal
Keywords: news, cnbc, companies, huawei, think, spreading, told, technology, way, raising, surveillance, globally, concerns, china, recognition, influence, chinas, chinese, beijings, data, tech


China's surveillance tech is spreading globally, raising concerns about Beijing's influence

Surveillance cameras are mounted on a post at Tiananmen Square as snow falls in Beijing, China, on Thursday, Feb. 14, 2019. Qilai Shen | Bloomberg | Getty Images

China’s push to export its surveillance technology via some of its biggest companies, including to liberal democracies, has raised concerns because of the risk of data being siphoned back to Beijing and the growing influence of the Communist Party, experts told CNBC. The world’s second-largest economy has built a vast surveillance state comprised of millions of cameras powered by facial recognition software. The devices, perched on lamp posts and outside buildings and streets, are able to recognize individuals. Some of China’s most valuable technology firms have been involved in such projects across the country. But this technology is now being exported as the nation’s technology firms expand their global footprint.

Chinese tech companies — particularly Huawei, Hikvision, Dahua, and ZTE — supply artificial intelligence surveillance technology in 63 countries, according to a September report by the Carnegie Endowment for International Peace think tank. Of those nations, 36 have signed onto China’s massive infrastructure project, the Belt and Road Initiative, the report said, adding that Huawei supplies technology to the highest number of countries. Some of these so-called “smart city” projects, which include surveillance technologies, are underway in Western countries, particularly in Europe, including Germany, Spain and France, according to analysis by the Australian Strategic Policy Institute (ASPI).

I think we don’t even quite understand the full scale of the problem that we are dealing with when it comes to Chinese surveillance technology when it is exported. Samantha Hoffman fellow at Australian Strategic Policy Institute’s Cyber Centre

Experts warned of a number of risks including potential access to data by the Chinese government. “I think that sometimes there is an assumption that ‘oh well when we roll out this technology we aren’t going to use it in a negative way, we are using it to provide services or we are using it in a way that is seen as acceptable, socially acceptable in our society,'” Samantha Hoffman, a fellow at ASPI’s Cyber Centre, told CNBC’s “Beyond the Valley” podcast. “But actually (we) can’t be sure of that because the difference isn’t necessarily how the technology is being deployed, but who has access to the data it’s collecting,” she said. “If it’s a Chinese company like Huawei, and that … data goes back to China and can be used by the party in whatever way that it chooses.”

Chinese laws and regulations

Hoffman cited laws in China that appear to compel Chinese firms to hand over data to the government, if asked. She did not accuse Huawei of wrongdoing, but just used the company as an example. Earlier this year, Huawei CEO Ren Zhengfei said he would “definitely say no” to any request for customer data from Beijing. “I think we don’t even quite understand the full scale of the problem that we are dealing with when it comes to Chinese surveillance technology when it is exported. It’s not just that other regimes can use it in similar ways, it’s that when it’s exported the (Chinese Communist) Party can attach its interests as well,” Hoffman added.

I think the worse future could be these governments adopting these technologies and adding that arsenal to the existing ones for the control of people. Maya Wang China researcher at Human Rights Watch

Nowhere is China’s surveillance state more visible than in Xinjiang, home to China’s Uighur minority. The territory has made headlines for its detention and “re-education” camps that hold an estimated 1.5 million Muslims, many of them for violating what Amnesty International describes as a “highly restrictive and discriminatory” law that China says is designed to combat extremism. Maya Wang, a China researcher at Human Rights Watch, focuses on Xinjiang and the surveillance activities there. She warned of the dangers of China’s surveillance technology going to authoritarian states. “I think the worse future could be these governments adopting these technologies and adding that arsenal to the existing ones for the control of people,” Wang told CNBC. Earlier this year, an ASPI report highlighted other concerns from China exporting its surveillance tech, including being able to undermine democracies, get an edge on new technologies and in military areas. “You know, domestically and globally, it (Chinese Communist Party) plans to use technology as (a) way to both protect and expand its power,” Hoffman said. “Globally, the implications of that are that the party is trying to reshape global governance in a way that … will ensure the party’s power.”

Privacy backlash

Facial recognition technology has already faced backlash around the world. Last month in the U.S., California lawmakers banned local police from using facial-recognition software in body cameras. The current ban is temporary. Earlier this year, the Financial Times reported that the European Commission, the European Union’s executive arm, was looking at drafting new regulation on the technology. Microsoft CEO also said in January that he would welcome new rules on the use facial recognition. The FT also discovered that a developer involved in London’s King’s Cross area had deployed facial recognition cameras without people’s knowledge. This drew criticism from Britain’s data protection watchdog which said it was “deeply concerned about the growing use of facial recognition technology in public spaces.” Also in the U.K., Liberty — a human rights advocacy group on behalf of a person called Ed Bridges — brought a case against South Wales Police regarding the use of facial recognition. It was seen as one of the first cases of its kind in the world. Bridges claimed to have his face scanned by the police force and argued there were no legal safeguards in place for the use of the tech. “That struck me as being an infringement of my privacy,” Bridges told CNBC’s “Beyond the Valley” podcast. “I am a law-abiding citizen, I was doing nothing wrong, I was just going about my business, and yet here the police were in my home city taking my data.” The judges in the case ruled against Liberty and Bridges, and said they were “satisfied that the current legal regime is adequate,” and that the use of the technology did not violate the Human Rights Act. Bridges told CNBC he would appeal and that he’s concerned about the lack of consent from the public. “The issue this comes back to is around consent … When I’m walking through what is a public space … how many of us have that sort of option to stop and go … ‘hang on my face is being scanned, who is doing this, for what purposes?’ We’ve all got lives to lead and I think that’s why it’s important to challenge the use of technology in the way that we are,” he said.

Surveillance and trade war

Chinese technology firms have been the caught in the crosshairs of the U.S.-China trade war. Huawei, the world’s largest telecoms equipment maker, has been blacklisted by the U.S., restricting its access to American technology. Washington has dubbed Huawei a national security risk, saying its gear could be used by Beijing for espionage. The Chinese tech giant has repeatedly denied those allegations. On Monday, the U.S. government widened its net to add another 28 Chinese entities to a blacklist called the Entity List. Hikvision, a firm that makes surveillance products, is one of those companies. Dahua, which deals with surveillance equipment, was also added to the list.


Company: cnbc, Activity: cnbc, Date: 2019-10-08  Authors: arjun kharpal
Keywords: news, cnbc, companies, huawei, think, spreading, told, technology, way, raising, surveillance, globally, concerns, china, recognition, influence, chinas, chinese, beijings, data, tech


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US futures point to slightly higher open

Facial recognition technology needs controls on its use, World… Unlike other types of biometric data collection, such as fingerprints and iris scanning, facial recognition technology can collect information on people without them being…Technologyread more


Facial recognition technology needs controls on its use, World… Unlike other types of biometric data collection, such as fingerprints and iris scanning, facial recognition technology can collect information on people without them being…Technologyread more
US futures point to slightly higher open Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-04  Authors: silvia amaro
Keywords: news, cnbc, companies, needs, open, types, iris, recognition, higher, fingerprints, slightly, information, facial, worldunlike, point, technology, scanning, futures


US futures point to slightly higher open

Facial recognition technology needs controls on its use, World…

Unlike other types of biometric data collection, such as fingerprints and iris scanning, facial recognition technology can collect information on people without them being…

Technology

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Company: cnbc, Activity: cnbc, Date: 2019-10-04  Authors: silvia amaro
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Alibaba: China’s FlyZoo hotel uses facial recognition tech and robots

Alibaba is well known for its e-commerce platforms, but the Chinese tech giant has branched into fintech, film, new retail and now, hospitality. I recently stayed at Alibaba’s futuristic FlyZoo hotel, which is adjacent to its headquarters in Hangzhou, China. It features facial recognition doors, robotic arms at the bar and even robots that deliver items to guest rooms. Alibaba hopes the property will be a model for what a hotel of the future may look like. Andy Wang, CEO of Alibaba Future Hotel,


Alibaba is well known for its e-commerce platforms, but the Chinese tech giant has branched into fintech, film, new retail and now, hospitality. I recently stayed at Alibaba’s futuristic FlyZoo hotel, which is adjacent to its headquarters in Hangzhou, China. It features facial recognition doors, robotic arms at the bar and even robots that deliver items to guest rooms. Alibaba hopes the property will be a model for what a hotel of the future may look like. Andy Wang, CEO of Alibaba Future Hotel,
Alibaba: China’s FlyZoo hotel uses facial recognition tech and robots Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-04  Authors: uptin saiidi, saheli roy choudhury
Keywords: news, cnbc, companies, stayed, kept, chinas, future, recognition, flyzoo, used, tech, robots, uses, wang, alibaba, told, facial, hotel


Alibaba: China's FlyZoo hotel uses facial recognition tech and robots

Alibaba is well known for its e-commerce platforms, but the Chinese tech giant has branched into fintech, film, new retail and now, hospitality.

I recently stayed at Alibaba’s futuristic FlyZoo hotel, which is adjacent to its headquarters in Hangzhou, China.

Here, there are no keycards and everything is cashless. It features facial recognition doors, robotic arms at the bar and even robots that deliver items to guest rooms.

Alibaba hopes the property will be a model for what a hotel of the future may look like.

Upon arrival, I noticed the lobby was completely bare: no check-in counters, no concierge, and no receptionists.

As a foreigner, however, I was quickly greeted by a staff member, who used a mobile device to take a photo of my passport and my face. Then she told me my room number and offered to email the receipt.

Andy Wang, CEO of Alibaba Future Hotel, claims the data recognition information is only kept during the duration of the guests’ stay and is not kept on record.


Company: cnbc, Activity: cnbc, Date: 2019-10-04  Authors: uptin saiidi, saheli roy choudhury
Keywords: news, cnbc, companies, stayed, kept, chinas, future, recognition, flyzoo, used, tech, robots, uses, wang, alibaba, told, facial, hotel


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