The Daily Chase: Bezos passes torch at Amazon; Reddit trade pauses after rout
Amazon.com s blowout fourth quarter performance is being overshadowed by news that Jeff Bezos is stepping away from the grind at the company he built. He ll transition to the role of executive chair in the third quarter and pass CEO duties over to Amazon Web Services CEO Andy Jassy. We ll explore what this new management structure could mean for investors, consumers and AWS clients in the years ahead.
REDDIT TRADES LOSE STEAM
After tumbling yesterday, shares of GameStop, AMC Entertainment and BlackBerry are little changed in pre-market trading. Plenty of questions remain about whether the violent market swings in heavily shorted stocks will result in new market regulations. On that front, U.S. Treasury Secretary Janet Yellen has called a meeting with top financial regulators. Reuters is reporting that meeting could take place as soon as Thursday.
Reconnaissance faciale | Clearview AI a fait de la surveillance de masse illégale
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Reconnaissance faciale: Clearview AI a violé la vie privée des Canadiens
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Data Breach at Desjardins Largest Ever in Canada’s Financial Services Sector, Privacy Watchdog Says
A data breach that caused nearly 9.7 million Canadians’ personal information to be stolen the largest ever in Canada’s financial services was due to gaps in administrative and technology safeguards at Desjardins, a privacy watchdog reported.
In an investigative report released on Monday, the Office of the Privacy Commissioner of Canada (OPC) said Desjardins, a financial institution that offers insurance and wealth management services, “did not demonstrate the appropriate level of attention required to protect the sensitive personal information entrusted to its care.”
The investigation was launched by OPC and Quebec’s Commission de l’accès à l’information (CAI) in July 2019 after Desjardins notified them of the breach in its security safeguards.
Privacy watchdog says series of gaps in safeguards caused Desjardins breach
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