Dock workers

face lock out

Dock employers in British Columbia said Monday they will shut out workers in response to a union’s strike notice, grinding trade to a halt at terminals across Canada’s busiest and third-busiest ports. An update from the BC Marine Employers Association said it made “the difficult decision to lockout forepersons and other Local 514 members.” The lockout comes after the International Longshore and Warehouse Union Ship & Dock Foremen Local 514, which represents about 730 workers at ports including Vancouver and Prince Rupert, gave a 72-hour advance notice on Thursday of a walkout starting at 8 a.m. Pacific time Monday.

South Korea fines

Meta $15 million

South Korea’s privacy watchdog has fined Meta 21.6 billion won for illegally collecting Facebook users’ sensitive personal information, including data about their political views and sexual orientation, and sharing it with thousands of advertisers for targeted advertisements. It was the latest in a series of penalties against Meta by South Korean authorities in recent years as they increase their scrutiny of how the company handles private information. South Korea’s Personal Information Protection Commission concluded that Meta unlawfully collected sensitive information of around 980,000 Facebook users, including their religion, political views and whether they were in same-sex unions, and shared the data with 4,000 advertisers.

Apple explores

smart glasses

Apple Inc. is exploring a push into smart glasses with an internal study of products currently on the market, setting the stage for the company to follow Meta Platforms Inc. into an increasingly popular category. The initiative, code-named Atlas, got underway last week and involves gathering feedback from Apple employees on smart glasses, according to people with knowledge of the matter. Additional focus groups are planned for the near future, said the people, who asked not to be identified because the work is secret. The studies are being led by Apple’s Product Systems Quality team, part of the hardware engineering division.

Ferrari shipments

dipped in Q3

Ferrari NV’s shipments fell 2% in the third quarter, disappointing investors who were expecting the Italian luxury-car maker to show greater resilience against the industry’s recent weakness. The drop was due mainly to a 29% deliveries slump in China, where Ferrari has a smaller presence. The manufacturer confirmed its full-year guidance and analysts said there’s no greater demand issue at the supercar maker. The Italian manufacturer is doing well compared to mass-market carmakers and luxury brands more exposed to China, where there’s been a decline in purchasing due to a protracted real estate crisis.

— Bulletin wire reports