Business Briefs: Consumer data, vaping, VolkswagenPosted: Updated:
Big tech companies are heading back to Washington. Privacy executives from Facebook, Amazon and Google will send representatives to testify before the Senate Commerce Committee on Sept. 26. The major topic will be user privacy and how the companies collect, use and profit off of consumer data. The committee will also work to determine if legislation is needed to protect that information.
The head of the Food and Drug Administration says vaping among teens is now an epidemic. The agency is requiring five of the top e-cigarette companies to submit plans to combat use by minors in the next 60 days. A review is underway that could restrict the sale of flavored nicotine cartridges used for vaping. Juul, the largest e-cigarette company, tells CNBC it will proactively work with the FDA to address the issues.
Volkswagen has a new way to streamline its production process. The car company says it plans to use a 3D metal printer designed by HP to produce parts like gear knobs and tailgate lettering. The 3D printer eliminates the need to develop corresponding tools to manufacture those parts. Volkswagen says development will take two to three years.