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The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

3

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
TechGoogle

Google is sued for secretly amassing a vast trove of user web data

By
Robert Burnson
Robert Burnson
and
Bloomberg
Bloomberg
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By
Robert Burnson
Robert Burnson
and
Bloomberg
Bloomberg
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June 2, 2020, 7:55 PM ET
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Google surreptitiously amasses billions of bits of information –every day — about internet users even if they opt out of sharing their information, three consumers alleged in a proposed class action lawsuit.

“Google tracks and collects consumer browsing history and other web activity data no matter what safeguards consumers undertake to protect their data privacy,” according to the complaint filed Tuesday in federal court in San Jose, Calif.

Even as it scoops up information, the search-engine giant assures users — falsely — that they’re in control of what they share with the company, according to the suit, which includes claims for invasion of privacy and violations of federal wiretapping law.

The case was filed by Boies Schiller Flexner, a high-profile litigation firm that previously defended Uber Technologies when the ride-hailing firm was accused three years ago by Alphabet’s self-driving unit of stealing trade secrets.

Google didn’t immediately respond to a request for comment.

According to the suit, the company collects information, including IP addresses and browsing histories, whenever users visit web pages or use an app tied to common Google services, such as Google Analytics and Google Ad Manager. This makes “Google ‘one stop shopping’ for any government, private, or criminal actor who wants to undermine individuals’ privacy, security, or freedom,” the consumers allege.

A consumer suit accusing Google of illegally tracking and storing geolocation data with its mobile apps and operating system was thrown out by a California federal judge in December. Arizona’s attorney general filed a similar complaint last month. Google disputed the claim and said it’s looking forward to setting the record straight.

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