Reason #186729 why it’s insane to have no right to privacy in public.

Fun fact: Recording the public is illegal in Germany. Any private video camera must only be able to record your own property. If you do record (and store - smart doorbells without storage that are only active when they are rung are exempted) material you must have visible warnings (that others can see BEFORE being recorded) or else any evidence you collect is likely to be thrown out in court.

Ah sorry, a couple errors on my part.

“Venture capitalist” was supposed to be “private equity”.

“Consumer electronics” is apparently only referring to the audiovisual (TV, speakers etc) line of Philips. That was sold to the Chinese but not private equity firm TPV Technology.

Philips Domestic Appliances which contains e.g. vacuums, blenders, and coffee machines was sold to the Chinese private equity firm Hillhouse Capital Group.

And the lightbulbs (Philips Hue etc.) were spun off into the still Dutch Signify.

Still part of Philips seem to be products in the categories:

• Body care and shaving
• Baby care
• Apparently car headlights?
• Healthcare

Philips consumer electronics¹ (as a brand only) was acquired by Chinese venture capitalist² firm.

EDITS:

¹ actually Philips Domestic Appliances (but the consumer electronics division was also sold to a Chinese company)

² private equity