GM to report Q4 earnings on Jan. 28. Wall Street expects $1.86 EPS and $43.61B revenue. FTC action and job cuts may impact investor sentiment.

General Motors and subsidiary OnStar have been banned for five years from sharing the precise geolocation and driving behavior data with any consumer reporting agencies. The FTC says that GM’s selling of the data,

In its continued concentration on the collection and use of consumers’ precise geolocation, on January 16, 2024, the Federal Trade Commission

GM and OnStar are facing intense scrutiny over data collection practices, with more than two dozen new lawsuits filed over the issue since March of last year.

Recent lawsuits allege driver data from embedded auto technology and mobile apps is being used unethically and illegally.

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Khan said. In a move to protect consumer privacy, the FTC has taken action against General Motors and its OnStar division for allegedly collecting and selling sensitive geolocation and driving behavior data from millions of vehicles without the drivers ...

GM touts OnStar as a service that will help consumers during an emergency and provide hands-free voice assistance and real-time traffic and navigation. The FTC says that over time, the company has increased the amount of data it collects through OnStar to include precise geolocation data- which is collected every three seconds for some users.

General Motors got caught selling OnStar customer data without the knowledge or permission of the vehicle owners. A lawsuit from the Attorney General of Texas caught the attention of the Federal Trade Commission and cast a spotlight on the behavior of selling comprehensive surveillance data from the Silverado and other vehicles.

Biometric Update previously reported that cross-referenced anonymized disparate datasets can lead to de-anonymization and identification of individuals.

General Motors (GM) reached a settlement agreement with the Federal Trade Commission (FTC) which bans the company from disclosing consumers’ sensitive geolocation and driver behavior data to

In a proposed settlement, GM, GM Holdings, and OnStar would face a five-year ban on sharing sensitive driver data with consumer reporting agencies and must adopt measures to ensure greater transparency and control for consumers regarding their connected vehicle data.