36.6 F
New York
Wednesday, January 27, 2021

Microsft’s [NASDAQ: MSFT] LinkedIn Faces Lawsuit For Secretly Reading Apple Users’ Clipboard Content

Must read

Humanigen [NASDAQ: HGEN] Announces Expansion Of Manufacturing Agreement With Ajinomoto Bio-Pharma

Humanigen Inc revealed that the company has extended the manufacturing agreement with  Ajinomoto BioPharma to support the fill-finish of Lenzilumab. The Lenzilumab is...

Synchrony [NYSE: SYF] Announced To Purchase Allegro Credit

Synchrony Financials revealed that the company entered into a definitive contract to Purchase Allegro Credit. Allegro Credit's customer base and merchant network will...

Vericel Corp [NASDAQ: VCEL] Names Joe Mara As The New CFO

Vericel Corporation revealed that the company has named Joe Mara as the CFO of the company. He has over more than 20 years...

A Paychex [NASDAQ: PAYX] Subsidiary Announces Strategic Collaboration With Zoho Books

SurePayroll, a subsidiary of Paychex company revealed that the company has formed a collaboration with Zoho books. SurePAyroll is a provider of small...

Microsoft Corp.’s [NASDAQ: MSFT] LinkedIn was sued by New-York based iPhone users for secretly reading and removing users’ sensitive content from Apple Inc. (NASDAQ: AAPL) Universal Clipboard application.

The lawsuit was filed in Sans Fransico federal court by Adam Bauer. He said that he daily used the LinkedIn app on his iPhone and iPad. The lawsuit stated that social networking service, LinkedIn Corp. secretly reading clipboard information without notifying users.

Apple Inc.’s universal clipboard allows users to copy, text, videos, images from one Apple device and paste it to another Apple device. Universal Clipboard is a brilliant tool for uploading content on the clipboard or stored on the users’ devices to users’ other iCloud connected devices.

Apple’s latest feature started informing users whenever someone accessed clipboard with the notification saying ‘Pasted from Messages.’ Media reports disclosed that more than 53 apps including LinkedIn and TikTok were allegedly reading users’ content.

The lawsuit also stated that Apple’s testers and developers of the most recent OS, iOS 14 caught LinkedIn reading users’ information from the universal clipboard. LinkedIn is not only involved in spying on its users but also caught spying on users’ nearby computers and other devices.

The LinkedIn representative said that the social networking service is currently reviewing the lawsuit. Head of engineering at LinkedIn, Erran Berger disclosed: “Company had traced the problem to a code path that only does an equality check between the clipboard contents and the currently typed content in a text box. We don’t store or transmit the clipboard contents.”

From the past 52-weeks of trading, MSFT has fluctuated from low of $130.78 and a high of $216.38. Continuing to look at its profitability, it has a Gross Margin of 68.20%, Profit Margin of 33.40%, and an operating margin of 37.40%.

Shares of Microsoft Corp. has traded down 0.30% and exhibited a change of -0.65 during the trading of Friday. It has closing price of $213.67. MSFT’s day low and high range of $211.08-$214.08, respectively.

More articles

Latest article

MGP Ingredients [NASDAQ: MGPI] Announced To Acquire Luxco and Its Affiliate Companies

MGP Ingredients  revealed a definitive contract to purchase Luxco, Inc and its affiliated companies. Luxco is an alcohol beverage company with more than 60...

Conformis [NASDAQ: CFMS] Entered A Non-Exclusive agreement with SITES Medical

Conformis Inc revealed that the company inked a development and supply contract with sites medical. Both of the companies will work together to...

Colliers International [NASDAQ: CIGI] Announces Executive Leadership Changes For Australian Business

Colliers International  reported that the company has named Malcom Tyson as the new Chief Executive Officer. He is appointed as the CEO so...

Korn Ferry [NYSE: KFY] Announces Expansion Of Its Footprint In Russian Market

Korn Fery revealed that the company is expanding its footprint in Russia. Moreover, it is adding a high expertise team of executive search...

Haemonetics [NYSE: HAE] To Purchase Cardiva For An Upfront Payment Of $475M

Haemonetics Corporation revealed that the company has inked a definitive contract to purchase Cardiva Medical Inc. Under the contract, Haemontics will pay an...

Philips [NYSE: PHG] To Purchase Capsule Technologies For Cash Consideration Of USD 635M

Koninklijke Philip revealed that the company has inked a contract to purchase Capsule technologies. The company will pay a cash price of $636...

Thermo Fisher Scientific [NYSE: TMO] To Purchase Mesa Biotech For Approx. $450M In Cash

Thermo fisher scientific inc revealed that the company has signed a definitive contract to purchase Mesa Biotech. Thermo will pay a value price...

Shutterstock [NYSE: SSTK] To Extend Its Agreement With EPA

Shutterstock reported that the company renewed its exclusive contract with the European Pressphoto Agency. The extended contract is to distribute the visual content...