Ring

Ring Therapeutics Announces Appointment of Bioprocess and Biomanufacturing Veteran Konstantin Konstantinov, Ph.D. as Chief Technology Officer

Retrieved on: 
Wednesday, June 7, 2023

"We are delighted to welcome Konstantin as the newest addition to our growing executive leadership team,” said Tuyen Ong, MD, MBA, Chief Executive Officer of Ring Therapeutics and CEO-Partner at Flagship Pioneering.

Key Points: 
  • "We are delighted to welcome Konstantin as the newest addition to our growing executive leadership team,” said Tuyen Ong, MD, MBA, Chief Executive Officer of Ring Therapeutics and CEO-Partner at Flagship Pioneering.
  • “He is a true trailblazer, and his wealth of industry knowledge and experience in the bioprocessing and biomanufacturing of numerous products will prove invaluable to Ring as we build out a pipeline of our novel AnelloVector therapeutics.
  • Prior to Codiak, he was the Vice President of Late-Stage Process Development responsible for bioprocess and technology development at Genzyme/Sanofi’s Boston Hub.
  • Notably, Dr. Konstantinov has published more than 60 peer reviewed papers and has over 15 patents and patent applications.

VOLT® Announces Strategic Partnership with Ring, an Amazon company, as a Preferred Ring Dealer

Retrieved on: 
Friday, June 9, 2023

This collaboration positions VOLT as a "Preferred Ring Dealer" and channel partner for Ring products, unlocking exciting opportunities for growth and innovation in the landscape lighting industry.

Key Points: 
  • This collaboration positions VOLT as a "Preferred Ring Dealer" and channel partner for Ring products, unlocking exciting opportunities for growth and innovation in the landscape lighting industry.
  • The partnership between VOLT and Ring presents an ideal synergy, combining the strengths of both companies to deliver unparalleled value to customers.
  • The integrated solution enables both new and retrofit upgrades of existing VOLT/AMP installations to join the Ring smart home ecosystem effortlessly.
  • For more information about VOLT's partnership with Ring and the availability of Ring-compatible landscape lighting products, please visit [blog URL] or contact [Product Manager/Evan(?)

FTC Says Ring Employees Illegally Surveilled Customers, Failed to Stop Hackers from Taking Control of Users' Cameras

Retrieved on: 
Wednesday, May 31, 2023

“Ring’s disregard for privacy and security exposed consumers to spying and harassment,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.

Key Points: 
  • “Ring’s disregard for privacy and security exposed consumers to spying and harassment,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
  • The company has marketed its products as offering greater home security and providing its users with peace of mind.
  • For example, in promoting its indoor security cameras, which can be placed in individual rooms, Ring touts the ability of purchasers to “See your home.
  • Away from home” alongside a picture of a Ring camera monitoring a child’s bedroom.

Security failures

    • According to the complaint, Ring also failed to implement standard security measures to protect consumers’ information from two well-known online threats—“credential stuffing” and “brute force” attacks—despite warnings from employees, outside security researchers and media reports.
    • Despite experiencing multiple credential-stuffing attacks in 2017 and 2018, Ring failed, according to the complaint, to implement common tactics—such as multifactor authentication—until 2019.
    • Even then, Ring’s sloppy implementation of the additional security measures hampered their effectiveness, the FTC said.
    • In addition to the mandated privacy and security program, the proposed order requires Ring to pay $5.8 million, which will be used for consumer refunds.

FTC and DOJ Charge Amazon with Violating Children’s Privacy Law by Keeping Kids’ Alexa Voice Recordings Forever and Undermining Parents’ Deletion Requests

Retrieved on: 
Wednesday, May 31, 2023

“Amazon’s history of misleading parents, keeping children’s recordings indefinitely, and flouting parents’ deletion requests violated COPPA and sacrificed privacy for profits,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.

Key Points: 
  • “Amazon’s history of misleading parents, keeping children’s recordings indefinitely, and flouting parents’ deletion requests violated COPPA and sacrificed privacy for profits,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
  • According to the complaint, Amazon prominently and repeatedly assured its users, including parents, that they could delete voice recordings collected from its Alexa voice assistant and geolocation information collected by the Alexa app.
  • Amazon also offers Alexa-enabled devices and services targeted to children and collects personal data, including voice recordings, from children.
  • Even when Amazon discovered its failures to delete geolocation data, the FTC said that Amazon repeatedly failed to fix the problems.

Proposed Order


    In addition to the data deletion requirement in the proposed order, Amazon will be required to pay a $25 million civil penalty. Other provisions of the proposed order:
    • The Commission vote closed on a date prior to Commissioner Christine S. Wilson’s departure from the agency.
    • Commissioner Alvaro Bedoya also issued a separate statement, joined by FTC Chair Lina M. Khan and Commissioner Rebecca Kelly Slaughter.  The Department of Justice filed the complaint and the stipulated order in the U.S. District Court for the Western District of Washington.
    • The lead staff attorneys on this matter are Elisa Jillson, Andy Hasty, and Julia Horwitz from the FTC’s Bureau of Consumer Protection.

Wilbur Smith IP Rights up for sale - ACF Investment Bank have been hired to handle the sale process

Retrieved on: 
Wednesday, May 17, 2023

He has published over 50 novels, has sold 140 million copies (more than Ian Fleming) and generated sales in excess of £1.6bn worldwide.

Key Points: 
  • He has published over 50 novels, has sold 140 million copies (more than Ian Fleming) and generated sales in excess of £1.6bn worldwide.
  • The Wilbur Smith Estate (Leopard Rock Studios) has hired ACF Investment Bank ("ACF") the global media and entertainment investment bank, and brokers of The Saul Zaentz company in the sale of "The Lord of the Rings and The Hobbit Intellectual Property to Embracer Group, to handle the sale process which kick-started this week.
  • They have already started contacting the logical international buyers and expect a strong response to this huge library of IP.
  • Wilbur Smith's early foray from page to screen in the 1990's demonstrates the viewer appetite.

Wilbur Smith IP Rights up for sale - ACF Investment Bank have been hired to handle the sale process

Retrieved on: 
Wednesday, May 17, 2023

He has published over 50 novels, has sold 140 million copies (more than Ian Fleming) and generated sales in excess of £1.6bn worldwide.

Key Points: 
  • He has published over 50 novels, has sold 140 million copies (more than Ian Fleming) and generated sales in excess of £1.6bn worldwide.
  • Wilbur Smith IP Rights up for sale - ACF Investment Bank have been hired to handle the sale process.
  • The Wilbur Smith Estate (Leopard Rock Studios) has hired ACF Investment Bank ("ACF") the global media and entertainment investment bank, and brokers of The Saul Zaentz company in the sale of "The Lord of the Rings and The Hobbit Intellectual Property to Embracer Group, to handle the sale process which kick-started this week.
  • They have already started contacting the logical international buyers and expect a strong response to this huge library of IP.

Amazon Introduces Four All-New Echo Devices; Sales of Alexa-Enabled Devices Surpass Half a Billion

Retrieved on: 
Wednesday, May 17, 2023

NASDAQ: AMZN—Amazon today introduced a new lineup of Echo products—the all-new Echo Pop, Echo Show 5 and Echo Show 5 Kids, and all-new Echo Buds—offering customers even more choice in how they access Alexa.

Key Points: 
  • NASDAQ: AMZN—Amazon today introduced a new lineup of Echo products—the all-new Echo Pop, Echo Show 5 and Echo Show 5 Kids, and all-new Echo Buds—offering customers even more choice in how they access Alexa.
  • In addition, Echo Auto is now available to customers in Australia, Canada, France, Germany, Italy, Japan, Spain, and the United Kingdom.
  • Echo Show 5 and Echo Pop both support Matter, making it easy to connect and control compatible smart home products across various brands.
  • Echo Pop, Echo Show 5, and Echo Show 5 Kids have Low Power Mode to intelligently conserve energy during periods of inactivity, helping to save energy over the device’s lifetime.

Latch to Acquire Ring Founder Jamie Siminoff’s Latest Company, Honest Day’s Work

Retrieved on: 
Tuesday, May 16, 2023

Jason Keyes, Latch Interim CEO, said: “We are pleased to join forces with Jamie and his team as we continue on our current path of driving operational performance and sustainable growth.

Key Points: 
  • Jason Keyes, Latch Interim CEO, said: “We are pleased to join forces with Jamie and his team as we continue on our current path of driving operational performance and sustainable growth.
  • I look forward to combining Honest Day’s Work with Latch to build a residential ecosystem that empowers building owners, operators, service providers, and residents alike.”
    “We are excited to welcome Jamie and the HDW team,” said Andrew Sugrue of the Latch board of directors.
  • 30 Honest Day’s Work team members are expected to join Latch post-transaction.
  • The transaction is expected to close at the beginning of the third quarter of 2023, subject to customary closing conditions.