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Forbes Media LLC is in talks about a merger with special-purpose acquisition company SPAC , Magnum Opus Acquisition Ltd., which would lead to the company going public at a value of more than $650 million, sources told Bloomberg on Tuesday Aug. 17 .Forbes had been in talks with GSV Asset Management about an acquisition that would have kept the business news media company private before Magnus Opus emerged as an option, per the report. Forbes spokesman Bill Hankes declined to comment, as did representatives for Magnum Opus.Forbes Media was founded in 1917. Today, the magazine reaches more than 140 million people around the world through 32 licensed local editions in 71 countrie
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The Federal Trade Commission issued warning letters to 12 app developers that have installed software that can monitor the microphones that are part of devices. The software directs the microphone to listen to audio signals that are part of television ads.This software is known as SilverPush, and it monitors consumer television viewing habits by using audio beacons from TVs. Consumers cannot actually hear these beacons, as the FTC noted in a聽rele
stanley cup ase. But the software would then produce what the FTC said would amount to a detailed log of television viewing habits that could lead to targeted advertising.The letters sent to the developers noted that SilverPush has, in fact, stated that its service is not in use in the United States, but the letters do recommend that users should be notified through the app that t
stanley quencher elevision viewing could indeed be monitored through the software.In a statement, Jessica Rich, director of the FTCs Bureau of Consumer Protection, stated: These apps were capable of listening in the background and collecting information about consumers without notifying them. Companies should tell people what information is collected, how it is collected and who its shared with. The FTC has stated that app developers should ask users for permission in order to use device microphones. If聽language is used with the interface, or by the developers themselves, that implies that the software is not being used when, in fact, it is, then that
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