Tag Archives: private

Chinese Apple Staff Suspected of Selling Private Data

Chinese authorities say they have uncovered a massive underground operation run by Apple employees selling computer and phone users’ personal data. Twenty-two people have been detained on suspicion of infringing individuals’ privacy and illegally obtaining their digital personal information, according to a statement Wednesday from local police in southern Zhejiang province. Of the 22 suspects, 20 were Apple… Read More »

Private equity firm CVC Capital raises record $18 billion

CVC Capital Partners CVC.UL has raised 16 billion euros ($17.98 billion) for its latest flagship fund for private equity investments in Europe and North America, it said on Thursday. The seventh fundraising by CVC is the largest by a European private equity firm, surpassing the 11.2 billion euros raised by Apax Partners in 2007 and the 10.5 billion… Read More »

Fund manager Hermes wants better governance for private infrastructure

British fund manager Hermes Investment Management on Monday called for improvements to the corporate governance code for private infrastructure assets, to ensure better outcomes for investors and other stakeholders. Among the suggestions made by Hermes, which manages 28.6 billion pounds across a range of assets, were for periodic board ‘effectiveness reviews’, as well as an independent chairman and… Read More »