Your Life Insurance Company Wants to Keep Tabs on You Via Your Watch

A Canadian-owned life insurance company wants to track your health data and base your life insurance premiums on it:

John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health data through wearable devices and smartphones, the company said on Wednesday.

There are lots of caveats to their actual approach given the highly regulated nature of the insurance industry, which may make this sort of situation sound ...

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Venmo Just Wants to Help You Share Experiences, Man

It's quite entertaining to watch Venmo try to explain away the default behavior of their app, which broadcasts users' transaction info publicly. The unnamed PayPal spokesbot cited in that story claims the service was "designed for sharing experiences," which is a delightful wad of claptrap devised in order to spin the fact that they must want to publish this data about your finances in an attempt to attract new users.

Everything in Silicon Valley may "need" to be a disgusting "growth hack" in order ...

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WhatsApp Co-Founder Funds New Signal Foundation

The news about the new Signal Foundation is encouraging, provided that new stakeholders like Acton (and presumably others) don't get it in their heads to screw things up in the usual Silicon Valley way of screwing good things up. Moxie Marlinspike remains at the helm, and I trust him to keep Signal from becoming another ad-driven sinkhole of VC grossness. Also, the fact that this new entity is a non-profit ought to keep the incentives of all involved relatively pure.

It will be exciting ...

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