Postmates’ self-driving delivery rover will see with Ouster’s lidar – TechCrunch

Postmates’ cooler-inspired autonomous delivery robot, which will roll out commercially in Los Angeles later this year, will rely on lidar sensors from Ouster, a burgeoning two-year-old startup that recently raised $60 million in equity and debt funding. Postmates unveiled the first generation of its self-described “autonomous rover” — known as Serve — late last year.…

Facebook Agrees to Pay $5 Billion Fine and Setup New Privacy Program for 20 Years

The Federal Trade Commission (FTC) today officially confirmed that Facebook has agreed to pay a record-breaking $5 billion fine over privacy violations surrounding the Cambridge Analytica scandal. Besides the multibillion-dollar penalty, the company has also accepted a 20-year-long agreement that enforces it to implement a new organizational framework designed to strengthen its data privacy practices…

FTC also sues Cambridge Analytica, settles with former CEO and app developer – TechCrunch

As part of the investigation against Facebook’s privacy lapses, the FTC announced today that it is suing Cambridge Analytica. The agency has already agreed to settlement with former Cambridge Analytica CEO Alexander Nix as well as app developer Aleksandr Kogan. The Federal Trade Commission described the administrative complaint in a press release. It alleged that…

New York financial regulator sets up new division to police cryptocurrency businesses

The New York State Department of Financial Services has announced the launch of a new division which will absorb the regulator’s current department that oversees cryptocurrency businesses in the state. In a statement released yesterday, financial services superintendent Linda Lacewell announced the regulator’s new research and innovation division. The new division will be responsible for…