Megvii gets green light for $500 million Hong Kong IPO
Chinese artificial intelligence unicorn Megvii received a green light from the stock exchange for $500 million Hong Kong IPO, Reuters…
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Megvii advances approval request for blockbuster biometric IPO in Hong Kong
Despite being placed on the U.S. government blacklist for its biometric facial recognition platform Face++, alongside other Chinese technology developers…
Portland and Denver consider bans on municipal agency use of facial recognition
Portland’s data governance workgroup has published a draft of an ordinance which would prohibit local government agencies from using biometric…
Kyrgyzstan and Dominican tap Chinese biometric surveillance tech as concern grows in Scotland
The role of Chinese businesses in facial recognition systems in other countries is drawing attention, with a report on Kyrgyzstan’s…
Thousands of cameras from banned companies operating in U.S. facilities as Entity List fallout continues
There are currently more than 2,700 cameras from companies banned from U.S. government contracts are still in operation at military…
Goldman Sachs reconsiders support of Megvii IPO, MIT reevaluates SenseTime link
Megvii IPO sponsor Goldman Sachs Group has decided to reconsider its role in the biometrics unicorn’s initial public offering, after…
U.S. drops Entity List hammer on Chinese facial recognition unicorns and biometrics providers
The U.S. Government has added 28 organizations to its Entity List, banning major biometrics companies including Dahua, Hikvision, iFlytek, Megvii,…
Megvii commits to guard against weaponization of facial recognition technology
As controversial debates and protests against the ethical use of facial recognition technology in daily operations increase around the world,…
DHS to store tens of thousands of refugee biometric records from UNHCR
The United Nations High Commission for Refugees (UNHCR) began sharing records including fingerprints, iris scans, and facial biometrics of refugees…
Rapid DNA testing at U.S. border extended and criticized
U.S. Immigration and Customs Enforcement (ICE) is expanding its use of rapid DNA test kits from ANDE Corp. to verify…
