An investigation by Gamers Nexus found LG smart TVs sweep local networks to map phones and nearby devices. Tests also showed the sets can capture microphone audio with the screen off — they then upload data once reconnected to the internet.
An investigation by Gamers Nexus found LG smart TVs sweep local networks to map phones and nearby devices. Tests also showed the sets can capture microphone audio with the screen off — they then upload data once reconnected to the internet.
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So, are you personally on the hook here because the company managing your pension fund is holding stocks in LG? Because that technically makes you a shareholder as it was bought with your money, right?
Edit: not sure why I get downvoted, this is a legitimate concern/nuance to the debate. The managing company doesn’t own these stocks so they’re not the shareholders, that’s the people whose money they are managing, but these people are not directly in control of the funds. Who is the liable party in this?
The highest level employee/officer who had knowledge of it should be held responsible
You mean the CBO[1]? Because the higher level officers didn’t know anything about it and you can’t prove they did.
Chief Blame Officer ↩︎
I mean, depending on the scale you probably can with investigation.
Being deliberately ignorant should not be a defense. Just like it isn’t for the peasants.
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90 percent of stocks are owned by ten percent of Americans. Just throwing this fact out here
That might stop this madness.
See the thing is if your pension also funds a murder company does outsourcing who manages it not make you at least a little culpable? I think it does and i think the only way to stop this madness is for a little justice to come your way.
What if i have no control over who manages it? I have two, one is government managed and mandatory, the other is part of my salary (and mandatory) and who manages my company paid pension is decided by my employer. I have no control of either aside from general risk profile and high level market groups on my company paid pension (e.g. “tech” or “renewable energy”).
That just sounds like a good way to destroy index funds.
Okay.
Also, which shareholders? Shareholders have no say in the business decisions outside of the annual voting for board members and whatever broad issues are brought up for a vote. If someone holds stock and then sells it before a vote, are they responsible for the business decisions? If a swing trader bought and then sold in one day/week/month (even at a loss), how much is their liability? If someone sells their shares just before a vote, then buys them again after, are they liable?
Not shareholders. Decision makers. Upper management. Shareholders should pay in share value (the financial penalty to the corporations should be high enough to affect that), bu the personal an criminal responsibility belongs to managers, CEO in particular.
There should at least be something resembling an attempt of investigating, who, where, and when signed an order to implement this shit into their products. That way they will at least think twice if they want to risk the chance of being held personally responsible.