The US Federal Trade Commission announced yesterday that it has reached a settlement with Vizio, which it alleged misled customers about what data its smart TVs were collecting. Vizio agreed to pay $US2.2 million ($2.8 million) in penalties, including $US1.5 million ($1.9 million) to the FTC and $US1 million ($1.3 million) to the New Jersey Division of Consumer Affairs, with $US300,000 ($391,827) suspended.
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Unless you're spending a lot of time in mainland China you've probably never heard of LeEco. But you should know LeEco. In 2015 the company sold more phones than Apple. Its web series, Go Princess Go, was one of the most watched web series in China, before censors had it edited due to too many bisexual time travelling shenanigans. And two days ago it bought American television giant Vizio.
Vizio's first tablet entry wasn't great. But the 10-inch M-Series the company just debuted at CES? Looks like second time's the charm.
Over in the US, Vizio became a big player over the last few years with pretty-good-for-the-price big-screen TVs — and now they're looking to shake up the PC market the same way. I don't know how these will perform, but holy crap the new Vizio PCs and notebooks look amazingly good. Indeed, they may beat sleepy PC giants at their own game. Their designer must be a genetic mix of Jon Ive and Tony Stark.