Latest news with #dataPrivacy
CNET
an hour ago
- General
- CNET
China and Developing Nations Trust AI the Most, UN Survey Finds
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CNET
2 hours ago
- General
- CNET
Microsoft's Family Safety Feature Is Blocking Chrome: Here's the Workaround
899 We and ourpartners store and access personal data, like browsing data or unique identifiers, on your device. Selecting I Accept enables tracking technologies to support the purposes shown under we and our partners process data to provide. Selecting Reject All or withdrawing your consent will disable them. If trackers are disabled, some content and ads you see may not be as relevant to you. You can resurface this menu to change your choices or withdraw consent at any time by clicking the Manage Preferences link on the bottom of the webpage [or the floating icon on the bottom-left of the webpage, if applicable]. Your choices will have effect within our Website. For more details, refer to our Privacy Policy. Our Privacy Policy
Yahoo
3 hours ago
- Business
- Yahoo
Corporations Have A 'Shady New Way To Charge You More.' It's Called Surveillance Pricing, And It's Weaponizing Your Own Data Against You
Imagine buying a TV online and paying $500, only to find out someone else paid $400 for the exact same one, and another person got it for $350. No discounts. No loyalty cards. Just different prices for different people. 'You'd be outraged,' said former Federal Trade Commission Chair Lina Khan in a new video posted by economist and former Labor Secretary Robert Reich. 'You would demand to know why you were being charged more than someone else for the exact same TV, on the exact same day.' Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to As Reich said, it's a 'shady new way to charge you more for something than anyone else is paying,' and according to Khan, that scenario isn't hypothetical. It's already happening, quietly and behind the scenes. The tactic is called surveillance pricing, and it uses your personal data to determine how much you're charged. 'Businesses may be using this trove of personal information to charge each of us a different price for the exact same product or service,' she explained. Our phones and computers collect huge amounts of data on us every day. Companies tap into that data—like your location, income level, browsing habits, even your mouse movements—to figure out your 'pain point,' or the highest price you're likely to pay. 'And unlike being in a physical store where you generally see the same price tag as everyone else,' Khan said, 'online shopping is an individualized experience.' The goal? Maximize profit by charging each person as much as possible, without them even realizing it. Trending: Maximize saving for your retirement and cut down on taxes: . This isn't just theory. It's already happening across industries. Here are some examples Khan mentioned in the video: The Princeton Review charged higher prices for test prep to customers in ZIP codes with higher Asian populations. Rideshare apps charged more to users with low phone battery life. People booking hotel rooms from wealthier cities like San Francisco were shown prices up to $500 higher per night. Some internet providers charged the same fees for slower speeds in poorer, less white neighborhoods. 'These surveillance practices are opaque, so we don't know the full extent of how our personal information is being used against us,' Khan said. This goes further than mere inconvenience: it results in higher charges precisely when people are at their most vulnerable. For example, if you're a new parent searching for medicine, you could get hit with higher prices. If someone dies and you need a last-minute flight, your costs could jump just because of an email about funeral arrangements, Khan though she's not at the head of the FTC anymore, Khan says the agency should keep investigating. 'Americans deserve to know how their private data is being used,' Khan said. And stronger laws are needed to protect people from this kind of price discrimination. Some states are already proposing laws to ban surveillance pricing outright. In the meantime, there are a few steps individuals can take. For instance, regularly clear your cookies and browsing history, and use a virtual private network or private browser to limit data collection. 'Businesses shouldn't be able to weaponize our own data against us,' Khan concluded in the video. 'Charging each of us a different price just because they can.' Read Next:Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Corporations Have A 'Shady New Way To Charge You More.' It's Called Surveillance Pricing, And It's Weaponizing Your Own Data Against You originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Business
- Yahoo
Businesses average 21 AI projects in production
This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Most businesses are expanding their AI portfolios as leaders try to capture the technology's benefits, according to a Rackspace Technology report published this month. The cloud services provider tapped Coleman Parkes Research to survey more than 1,400 IT decision-makers across 10 industries. Businesses currently have an average of 21 AI projects in production, the survey found. By the end of this year, IT leaders expect the list to grow. Two-thirds of leaders surveyed anticipate a positive return on their AI investments within the next two years and 26% expect returns within three to five years. Customer experience, ROI and competitive advantage are the top three success metrics enterprises track. Enterprises continue to hone their AI strategies as the technology evolves. Project prioritization has become a key part of the process as business decision-makers struggle to identify scalable and executable generative AI use case ideas out of a field of options. Businesses are grappling with rising AI project failure rates and, in many cases, are unable to move projects past pilot phases. Nearly 70% of IT leaders said challenges around the implementation and scalability of AI are persistent, according to the Rackspace report. Technology decision-makers are also finding it difficult to contend with data privacy regulations. Generative AI isn't the only flavor of AI currently hitting roadblocks within enterprises. Despite an aggressive agentic AI push from vendors, most businesses have yet to move the technology into full production. Excluding companies at the forefront of AI adoption, around 2 in 5 businesses are still piloting AI agents, and nearly 30% are waiting to see how the market evolves, according to the Rackspace report. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNET
4 hours ago
- General
- CNET
Midjourney Released an AI Video Generator: How You Can Get Started
899 We and ourpartners store and access personal data, like browsing data or unique identifiers, on your device. Selecting I Accept enables tracking technologies to support the purposes shown under we and our partners process data to provide. Selecting Reject All or withdrawing your consent will disable them. If trackers are disabled, some content and ads you see may not be as relevant to you. You can resurface this menu to change your choices or withdraw consent at any time by clicking the Manage Preferences link on the bottom of the webpage [or the floating icon on the bottom-left of the webpage, if applicable]. Your choices will have effect within our Website. For more details, refer to our Privacy Policy. Our Privacy Policy
