Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MICROSOFT CORPORATION

(MSFT)
  Report
Real-time Estimate Quote. Real-time Estimate Cboe BZX - 10/18 10:19:02 am
304.39 USD   +0.06%
09:12aVC DAILY : Is This VC Cycle Virtuous or Vicious? -2-
DJ
09:12aVC DAILY : Is This VC Cycle Virtuous or Vicious?
DJ
08:15aFacebook plans to hire 10,000 in EU for 'metaverse'
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Microsoft Pledges Not to Sell Facial-Recognition Tools to Police Absent National Rules -- Update

06/11/2020 | 03:45pm EDT

By Asa Fitch

Microsoft Corp. won't sell facial-recognition technology to U.S. police until there is a national law regulating its use, the company's President Brad Smith said Thursday.

Microsoft joined other big tech names including Amazon.com Inc. and International Business Machines Corp. to call for clearer rules around the surveillance technology amid widespread concern about its potential for racial bias.

The issue has attracted greater attention amid growing outcry about police brutality and what many see as institutionalized racism in law enforcement, sparked by the killing of George Floyd, a black man, in police custody.

Microsoft has long taken a careful stance on facial recognition, putting self-imposed curbs on its sales of the technology to law enforcement. As a result of those limits, Mr. Smith said during a Washington Post event that the company wasn't currently selling facial recognition to police in the U.S.

"We've decided that we will not sell facial-recognition technology to police departments in the United States until we have a national law in place, grounded in human rights, that will govern this technology," he said.

Mr. Smith said last year that Microsoft had declined to sell facial recognition to a police department in California over concern that it could be used for mass surveillance. But the decision not to deal with police forces until laws are in place to regulate facial recognition took its caution a step further.

A wave of tech companies have been re-examining police use of their facial-recognition technology, which studies have shown can come with embedded racial and gender biases. Those biases mean people with darker skin and women tend to be misidentified more often than Caucasians and men.

Amazon on Wednesday placed a one-year moratorium on the use of its facial-recognition software by police. IBM said this week that it exited the business. Google, the search giant owned by Alphabet Inc., two years ago said it wouldn't offer general purpose facial-recognition tools until concerns about their use were resolved.

Matt Cagle, a lawyer with the American Civil Liberties Union, called on Microsoft and other tech companies to support legislation nationwide to prohibit law enforcement's use of the technology.

"We welcome these companies finally taking action -- as little and as late as it may be," he said.

Hoan Ton-That, chief executive of Clearview AI Inc., a facial-recognition startup that has sparked controversy among privacy advocates over its use by police departments, defended the technology. "Clearview AI has created groundbreaking technology that actually works, " he said.

The company, he said, "is also committed to the responsible use of its powerful technology and is used only for after-the-crime investigations to help identify criminal suspects. It is not intended to be used as a surveillance tool relating to protests or under any other circumstances."

Mr. Smith said the varying approaches of companies offering the technology underlined the necessity of putting laws in place to govern it.

"If all of the responsible companies in the country cede this market to those that are not prepared to take a stand, we won't necessarily serve the national interest or the lives of the black and African-American people of this nation well," he said. "We need Congress to act, not just tech companies alone."

Efforts to put legislative limits on facial recognition are at an early stage. While some cities, including the tech hub of San Francisco, have banned facial recognition's use by police, there are no similar federal-level curbs. A bill introduced earlier this week in the House would prohibit real-time facial recognition in federal law-enforcement body cameras.

Write to Asa Fitch at asa.fitch@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 0.40% 2836.26 Delayed Quote.61.32%
INTERNATIONAL BUSINESS MACHINES CORPORATION -0.24% 144.28 Delayed Quote.14.88%
INTUIT INC. -0.12% 551.23 Delayed Quote.45.36%
MICROSOFT CORPORATION 0.07% 304.145 Delayed Quote.36.77%
All news about MICROSOFT CORPORATION
09:12aVC DAILY : Is This VC Cycle Virtuous or Vicious? -2-
DJ
09:12aVC DAILY : Is This VC Cycle Virtuous or Vicious?
DJ
08:15aFacebook plans to hire 10,000 in EU for 'metaverse'
RE
07:30aTRACKINSIGHT : Wall Street rises, boosted by upbeat quarterly earnings
TI
06:56aMICROSOFT : What is the "metaverse"?
RE
06:26aFACEBOOK : plans to hire 10,000 in EU to build 'metaverse'
RE
06:12aFACEBOOK : plans to hire 10,000 in EU to build 'metaverse'
RE
05:45aIAR Systems Names Microsoft Exec as Acting CEO
MT
12:40aBILL GATES : Electric vehicle battery startup ONE backed by BMW, Gates-led firm
RE
10/17MEDIA-Cop26 corporate sponsors condemn climate summit as ‘mismanaged’- Guardian
RE
More news
Analyst Recommendations on MICROSOFT CORPORATION
More recommendations
Financials (USD)
Sales 2022 192 B - -
Net income 2022 66 130 M - -
Net cash 2022 92 055 M - -
P/E ratio 2022 34,8x
Yield 2022 0,81%
Capitalization 2 284 B 2 284 B -
EV / Sales 2022 11,4x
EV / Sales 2023 9,99x
Nbr of Employees 181 000
Free-Float 99,8%
Chart MICROSOFT CORPORATION
Duration : Period :
Microsoft Corporation Technical Analysis Chart | MSFT | US5949181045 | MarketScreener
Technical analysis trends MICROSOFT CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 37
Last Close Price 304,21 $
Average target price 335,34 $
Spread / Average Target 10,2%
EPS Revisions
Managers and Directors
Satya Nadella Chairman & Chief Executive Officer
Bradford L. Smith President & Chief Legal Officer
Amy E. Hood Chief Financial Officer & Executive Vice President
James Kevin Scott Chief Technology Officer & Executive VP
Kirk Koenigsbauer COO & VP-Experiences & Devices Group
Sector and Competitors
1st jan.Capi. (M$)
MICROSOFT CORPORATION36.77%2 283 977
SEA LIMITED78.10%195 739
ATLASSIAN CORPORATION PLC75.20%103 110
ZOOM VIDEO COMMUNICATIONS, INC.-21.05%79 131
DASSAULT SYSTÈMES SE38.73%70 312
PALANTIR TECHNOLOGIES INC.1.91%46 875