: FTC reaches more than $30 million in settlements with Amazon’s Alexa and Ring units over privacy violations
The Federal Trade Commission on Wednesday reached more than $30 million in privacy settlements with Amazon.com Inc., AMZN that includes $25 million to settle a privacy lawsuit over voice assistant Alexa. The agency also said it reached a $5.8 million settlement with Amazon’s Ring doorbell unit on charges it compromised consumers’ privacy by allowing employees and contractors to access consumers’ videos. As part of the settlement, Ring is required to delete customer videos and data collected from an individual’s face, referred to as “face embeddings,” that it obtained before 2018. Additionally, Amazon must remove any work products it derived from those videos.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.