U.S. regulators on Tuesday fined 16 financial firms, including Barclays, Bank of America, Citigroup, Credit Suisse, Goldman Sachs, Morgan Stanley, and UBS, a combined $1.8 billion after staff discussed deals and trades on their personal devices and apps. The sweeping industry probe, first reported by Reuters last year and subsequently disclosed by multiple lenders, is…
US Fines 16 Wall Street Firms $1.8 Billion for Talking Deals, Trades on Personal Apps
UK Warns TikTok Could Face £27 Million Fine for Failing to Protect Children’s Privacy
The Chinese-owned social media site TikTok could face a £27 million ($29 million) fine after British authorities found that it may have breached UK data protection law by failing to protect children’s privacy. On Monday, the UK Information Commissioner’s Office (ICO) said in a statement that the video-sharing platform may have processed the data of…
LinkedIn Ran Secret Experiments on 20 Million Users to Study Strength of Social Ties
September 27, 2022
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LinkedIn ran undisclosed social experiments on more than 20 million users for five years, testing the importance of weak associations or acquaintances in the process of positively affecting an individual’s job mobility. “The authors analyzed data from multiple large-scale randomized experiments on LinkedIn’s People You May Know algorithm, which recommends new connections to LinkedIn members,…
Take Home a Refurbished iPad Mini 4 for Less than $300
Sponsored Content Nothing compares to the feeling of unboxing a brand new gadget and reveling in its shiny newness. But with the state of the world today, it’s getting harder and harder to justify splurging hundreds, or even thousands on a new device. If you’re in dire need of an upgrade, however, there are other…
Score a $60 Discount on a Lifetime Subscription to This Voiceover Library
September 27, 2022
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Score a $60 Discount on a Lifetime Subscription to This Voiceover LibraryStore ProductsTechTech Products & Reviews
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Sponsored Content In case you haven’t noticed, video remains king on the internet, especially on social media sites. As evidenced by the proliferation of platforms like TikTok, YouTube Shorts, and Instagram Reels, users pay more attention to videos than any type of content, which goes to show how vital video is when it comes to…
Elon Musk Touts 1 Million Milestone for Starlink Terminals—But Report Finds Rise in Users Has Come at a Cost
Tesla Inc. CEO Elon Musk’s SpaceX-owned Starlink internet service has proved its utility in times of geopolitical tensions. As its adoption increases rapidly, a recent report found that it may be slowly losing out on the edge it has over the competition. 1 Million and Counting Musk on Sunday tweeted that over a million Starlink…
Australian Federal Police Investigates Optus Cyberattack as Stolen Data Put on Sale
The Australian Federal Police (AFP) have launched an investigation into the massive data breach at the telecommunications giant Optus as the hackers put the personal information of up to 9.8 million Australians on sale. On Sept. 26, the AFP announced it had established Operation Hurricane to track down the culprits behind the cyberattack and prevent…
Twitter Expands Research Group to Study Content Moderation
Twitter Inc. plans to provide more data to external researchers who study online misinformation and moderation, the social media company said Thursday, part of what it says is an effort to increase transparency on the platform. The company will also open an application process to allow more people working in academia, civil society and journalism…
Gain Financial Freedom With the Help of This $35 Course
Sponsored Content With inflation and the threat of a possible recession looming over everyone’s heads, it’s not surprising that millions of Americans are struggling with financial stress. According to a US Census Bureau household survey, a third of Americans reported facing difficulties in paying bills, which just goes to show that the ongoing pandemic, coupled with…
Australian Home Affairs Minister Criticised Telco Giant Optus for Major Data Breach
September 26, 2022
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AustraliaBusiness & MarketsClare O'NeilCompaniescyber securitycyber-attackOptusransomware attackTechTech Newstelecommunication servicesWorld
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Home Affairs Minister Clare O’Neil has called on Australian telecommunication giant Optus to take responsibility for the recent massive data breach and provide free credit monitoring to millions of customers impacted. She noted that a security breach of this size shouldn’t be expected in a large telco provider and said that it will “result in…
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