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The issue, the latest in a run of privacy issues to hit big U.S. tech companies, was discovered and patched in March. The Wall Street Journal reported that Google opted not to disclose the security issue due to fears of regulatory scrutiny, citing unnamed sources and a memo prepared by Google’s legal and policy staff for senior executives. Senators Amy Klobuchar and Catherine Cortez Masto wrote to Google Chief Executive Sundar Pichai on Wednesday asking why the company had failed to disclose the issue for six months.

The incident raises “serious questions” about whether the company violated a 2011 consent decree with the FTC, they wrote, adding that Google failed to “protect consumers’ data and kept consumers in the dark about serious security risks.”, The company agreed to 20 years of audits to ensure consumer privacy as part of the consent decree with the usa sailboat cufflinks FTC over botched rollouts of the social network Buzz, which is now defunct, In 2012, Google paid $22.5 million to settle charges it bypassed the privacy settings of customers using Apple Inc’s Safari browser and violated the 2011 decree..

Google declined to comment. On Oct. 11, three Republican senators also asked the Google unit to explain why it delayed disclosing vulnerabilities with its Google+ social network. “Google must be more forthcoming with the public and lawmakers if the company is to maintain or regain the trust of the users of its services,” the Republican letter said. The Republican letter asked whether the Google+ vulnerability had been revealed previously to any federal agencies, including the FTC, and if there were “similar incidents which have not been publicly disclosed?”.

(Reuters) - United Parcel Service Inc (UPS.N) reported a 20 percent rise in quarterly profit on Wednesday, but shares dropped 3.5 percent after it said the U.S, trade war with China usa sailboat cufflinks contributed to disappointing international results, Investors consider UPS a bellwether for the U.S, economy and they seized on news that President Donald Trump’s shift to more protectionist trade policies weighed on its results, UPS shares were down $4.04 at $110.20 in late morning trade after the company attributed an 11.6 percent decline in international package operating profit to unhedged currency in emerging markets, higher fuel costs and slowing economic activity resulting from changing trade policies..

“Concerns over unresolved trade issues between China and the U.S. as well as Brexit continued to be a focus for our customers,” Chief Executive David Abney said on a call with analysts. “We are assisting them with contingency planning.”. Brexit refers to Britain’s exit from the European Union. “We expect international operating profits to rebound in Q4,” Abney said in an interview with Reuters. The rapid rise in online shopping has significantly boosted domestic package volume at UPS, but the company is scrambling to cut the high cost of delivering parcels to households versus businesses, which generally receive parcels in bulk. Operating profit was down 6.1 percent for the U.S. package segment during the latest quarter.

UPS is spending billions of dollars to upgrade and expand its network to address competition from FedEx Corp (FDX.N) and Amazon.com usa sailboat cufflinks (AMZN.O), and is in the early stages of its largest capital spending campaign since the 1980s, The upcoming winter holidays will put those investments to the test, UPS expects to deliver nearly 800 million packages during that peak season, which stretches from Thanksgiving through early January, The world’s largest delivery company said revenue at its U.S, package services rose 8.1 percent in the third quarter, while revenue at its international package segment increased 3 percent..

MILAN (Reuters) - Talks between BlackRock (BLK.N) and Intesa Sanpaolo (ISP.MI) over an asset management tie-up have slowed due to political uncertainty, but the deal is not yet off, two sources familiar with the matter said on Wednesday. BlackRock has been in talks with Intesa for more than a year to buy a minority stake in asset management unit Eurizon in a deal that would give it access to the Italian lender’s distribution network. A tie-up with a global asset manager could open the way for Intesa to make other accords with smaller or same-size partners.

The talks, which have stalled several times, accelerated in the second quarter, culminating in a meeting of the two sides at usa sailboat cufflinks the end of September, one of the sources said, “Since then it’s all slowed down because the political situation has had an impact on banking valuations, complicating matters,” the source said, A spokesman for Intesa said reports of a difference of opinion with BlackRock over Eurizon valuations were groundless, BlackRock declined comment, The idea had been for BlackRock to take a stake of between 5 and 10 percent, the source said, adding: “But there is still a willingness from both sides to continue with talks”..

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