Digital bank Chime will pay a penalty of $3.25 million to the U.S. Consumer Financial Protection Bureau (CFPB) for failing to issue timely refunds to customers who closed their accounts, and will return at least $1.3 million to customers, the regulator said on Tuesday.
Livestream shopping where buyers and sellers transact in real-time video is growing in the United States while technology to police counterfeit goods has so far not kept up, a situation that makes it easier for fake goods to flood the market, patent lawyers said.
Dotdash Meredith has signed a content license deal with OpenAI to train AI models and allow ChatGPT to answer queries with summaries attributable to America’s largest digital and print publisher, the companies said on Tuesday.
Britain, the U.S. and Australia have sanctioned and unmasked a senior Russian leader of the notorious cybercrime gang LockBit, the British government said on Tuesday.
U.S.-Israeli startup Wiz raised $1 billion in a private funding round that values the four-year old cloud cyber security company at $12 billion, as it seeks to do more acquisitions.
Datadog President Amit Agarwal will step down by the end of 2024 and join the company’s board of directors, the cybersecurity firm said on Tuesday, sending its shares down nearly 9% in early trading.
The United States announced cyber-related sanctions on Russian national Dmitriy Yurevich Khoroshev on Tuesday, who it described as a senior leader of the LockBit ransomware group.
India’s PB Fintech , the parent of online insurance aggregator Policybazaar, reported a profit for a second straight quarter on Tuesday, as sales rose in a seasonally-strong quarter amid easing marketing spends.
OpenAI is launching a tool that can detect images created by its text-to-image generator DALL-E 3, the Microsoft-backed startup said on Tuesday amid rising worries about the influence of AI-generated content in this year’s global elections.
GlobalFoundries forecast second-quarter revenue above Wall Street estimates on Tuesday, betting on improving demand for semiconductors after a years-long slump that was caused by surplus inventory at its customers.
