Twitter faces $250 million Federal Trade Commission fine for misusing emails and phone numbers

Twitter said that the Federal Trade Commission may soon fine it up to $250 million for improper use of users’ phone numbers and email addresses. The potential fines would come for violations of Twitter’s 2011 agreement with the FTC to no longer mislead consumers about how it protects their personal information. Between Continue Reading

Apple reportedly acquires startup that could turn iPhones into payment terminals

Apple has acquired a startup with technology that could turn iPhones into mobile payment terminals, Bloomberg reported. Montreal-based Mobeewave has tech that requires only an NFC chip to work, allowing users to tap either their smartphone or a credit card to another phone for payment processing. NFC chips have been included in Continue Reading

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