Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple Inc.    AAPL

APPLE INC.

(AAPL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Irish regulator queries Facebook on transcription of users' audio

share with twitter share with LinkedIn share with facebook
08/14/2019 | 05:03pm EDT
FILE PHOTO: Attendees walk past a Facebook logo during Facebook Inc's F8 developers conference in San Jose

DUBLIN/WASHINGTON (Reuters) - The lead regulator of Facebook Inc in the European Union is seeking information on how the company handled data during the manual transcription of users' audio recordings, Ireland's Data Protection Commission said on Wednesday.

The DPC, Facebook's lead EU regulator, already has eight individual probes into the U.S. social media giant, plus two into its WhatsApp subsidiary and one into Facebook-owned Instagram.

"Further to our ongoing engagement with Google, Apple and Microsoft in relation to the processing of personal data in the context of the manual transcription of audio recordings, we are now seeking detailed information from Facebook on the processing in question and how Facebook believes that such processing of data is compliant with their GDPR obligations," the commission said in an emailed statement.

Under the EU's General Data Protection Regulation (GDPR) privacy rules, regulators have the power to impose fines for violations of up to 4% of a company's global revenue or 20 million euros (£18.4 million), whichever is higher.

Democratic U.S. Senator Ed Markey said on Twitter that "it’s appalling to learn that Facebook has been collecting and sharing audio recordings of its users." He added the company "should stop altogether and pledge never to resume invading users’ privacy in this manner."

Republican Senator Josh Hawley questioned if the practice violates the terms of Facebook's $5 billion (£4.1 billion) proposed consent decree privacy settlement with the Federal Trade Commission.

Facebook until recently carried out human review of private audio from its Messenger app in order to improve artificial intelligence systems to transcribe accurately but no EU users were affected, the company said on Wednesday.

The audio snippets in question were masked to avoid revealing anyone's identity and the company never listened to people’s microphones without explicit activation, a representative said in an email, adding the practice was common in the industry.

"Much like Apple and Google, we paused human review of audio more than a week ago," the representative said.

Facebook has faced broad criticism from lawmakers and regulators over its privacy practices and received renewed criticism after Bloomberg on Tuesday reported that Facebook used outside contractors to transcribe the clips.

(Reporting by Conor Humphries; Additional reporting by David Shepardson in Washington; Editing by Deepa Babington and Marguerita Choy)


Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 1.38% 1551.08 Delayed Quote.15.81%
APPLE INC. 1.32% 117.51 Delayed Quote.60.07%
FACEBOOK INC 2.36% 267.56 Delayed Quote.30.36%
MICROSOFT CORPORATION 0.20% 214.65 Delayed Quote.35.84%
ONE STOP SYSTEMS, INC. -4.17% 2.3 Delayed Quote.13.86%
THE GLOBAL LTD. 5.96% 231 End-of-day quote.-50.96%
THE LEAD CO., INC. 0.52% 390 End-of-day quote.0.00%
share with twitter share with LinkedIn share with facebook
All news about APPLE INC.
04:42pGOOGLE ANTITRUST LAWSUIT : Why Is the Justice Department Suing the Search Giant?..
DJ
04:21pQ&A : Google, U.S. government prepare for battle over market power
RE
04:05pGoogle's Exclusive Search Deals With Apple at Heart of U.S. Lawsuit -- Update
DJ
03:28pGoogle's Exclusive Search Deals With Apple at Heart of U.S. Lawsuit
DJ
03:16pFACTBOX : Regulatory probes Google is facing in Asia, Europe
RE
02:40pALPHABET : Why Is the Justice Department Suing Google? -- Update
DJ
02:38pJustice Department Files Long-Awaited Antitrust Suit Against Google -- 2nd Up..
DJ
01:12pLogitech shares surge as COVID-19 boosts home-working
RE
11:54aAT&T On Pace for Lowest Close In Over a Decade -- Data Talk
DJ
10:45aALPHABET : Why Is the Justice Department Suing Google? -- Update
DJ
More news
Financials (USD)
Sales 2020 273 B - -
Net income 2020 56 922 M - -
Net cash 2020 73 843 M - -
P/E ratio 2020 36,2x
Yield 2020 0,68%
Capitalization 2 010 B 2 010 B -
EV / Sales 2020 7,09x
EV / Sales 2021 6,28x
Nbr of Employees 137 000
Free-Float 99,9%
Chart APPLE INC.
Duration : Period :
Apple Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 41
Average target price 122,07 $
Last Close Price 117,51 $
Spread / Highest target 27,6%
Spread / Average Target 3,88%
Spread / Lowest Target -39,6%
EPS Revisions
Managers
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer & Senior Vice President
Kevin M. Lynch Vice President-Technology
Sector and Competitors
1st jan.Capitalization (M$)
APPLE INC.60.07%1 983 552
SAMSUNG ELECTRONICS CO., LTD.9.14%352 490
XIAOMI CORPORATION105.94%69 070
WINGTECH TECHNOLOGY CO.,LTD15.23%20 159
FITBIT, INC.6.24%1 891
MERRY ELECTRONICS CO., LTD.-9.85%1 105