Chyron has named André Fischer as its director of sales for Central Europe/Nordics. Fischer joins Chyron with decades of experience across the broadcast industry. In this new role, he will drive business development and growth initiatives, working with the Europe- and U.S.-based teams to increase reach and awareness of Chyron products (broadcast titling and graphic systems, software portfolio for live production professionals), solutions and services. Prior to joining Chyron, Fischer led sales teams for companies including Dimetis, HPE, Grass Valley, and DAVID Systems. He entered the media technology industry after studying economics and computer science, and over the past 30 years, he has helped broadcasters and other organizations to leverage advanced technologies to move their business forward. Fischer is based in Munich and reports directly to Olivier Cohen, SVP of EMEA sales. Chyron is a brand of ChyronHego, headquartered in New York with operations in 11 countries….
Supreme Court Allows Multibillion-Dollar Class Action Lawsuit To Proceed Against Meta
The Supreme Court is allowing a multibillion-dollar class action investors' lawsuit to proceed against Facebook parent Meta, stemming from the privacy scandal involving the Cambridge Analytica political consulting firm.
The justices heard arguments in November in Meta's bid to shut down the lawsuit. On Friday, they decided that they were wrong to take up the case in the first place.
The high court dismissed the company's appeal, leaving in place an appellate ruling allowing the case to go forward.
Investors allege that Meta did not fully disclose the risks that Facebook users' personal information would be misused by Cambridge Analytica, a firm that supported Donald Trump 's first successful Republican presidential campaign in 2016.
Inadequacy of the disclosures led to two significant price drops in the price of the company's shares in 2018, after the public learned about the extent of the privacy scandal, the investors say.
Meta spokesman Andy Stone said the company was disappointed by the court's action. "The plaintiff's claims are baseless and we will continue to defend ourselves as this case is considered by the District Court," Stone said in an emailed statement.
Meta already has paid a $5.1 billion fine and reached a $725 million privacy settlement with users.
Cambridge Analytica had ties to Trump political strategist Steve Bannon. It had paid a Facebook app developer for access to the personal information of about 87 million Facebook users. That data was then used to target U.S. voters during the 2016 campaign.
The lawsuit is one of two high court cases involving class-action lawsuits against tech companies. The justices also are wrestling with whether to shut down a class action against Nvidia.... Read More