Former WeWork CEO in talks to get nearly $500 million in SoftBank settlement
Adam Neumann, the disgraced former CEO and cofounder of WeWork, may soon have a massive payday as part of a possible settlement with SoftBank, the company's largest investor, but the amount under discussion is far less than the golden parachute origi.....»»
Ransom recovery costs reach $2.73 million
Average ransom payment has increased 500% in the last year, according to Sophos. Organizations that paid the ransom reported an average payment of $2 million, up from $400,000 in 2023. However, ransoms are just one part of the cost. Excluding ransoms.....»»
Research explores energy and land-use practices on US golf courses
In 2018, golf was estimated to contribute significantly to the US economy, generating $84 billion, supporting 2 million jobs, and providing $59 billion in compensation. Given its prominence, golf holds a valuable position within US culture. However,.....»»
International team cracks genomic code for earliest forms of terrestrial plant life
Plant life first emerged on land about 550 million years ago, and an international research team co-led by University of Nebraska–Lincoln computational biologist Yanbin Yin has cracked the genomic code of its humble beginnings, which made possible.....»»
Weak magnetic field may have supported diversification of life on Earth
An unusual reduction in the strength of Earth's magnetic field between 591 and 565 million years ago coincided with a significant increase in the oxygen levels in the atmosphere and oceans, according to a paper published in Communications Earth & Env.....»»
Nomi is one of the most unsettling (and amazing) apps I’ve ever used
This AI partner talks. It can send you selfies. It tries to fill voids, comfort, guide, and even fulfill fantasies. Some even built a family. This is Nomi......»»
Goldman in talks with Barclays on GM Credit Card deal, WSJ Says
Goldman Sachs Group Inc. is in discussions to transfer its General Motors Co. credit-card business to Barclays Plc. The British lender is the lead candidate to take over the credit card portfolio with about $2 billion in outstanding balances,.....»»
Q&A: Jobs for young Africans—new data tool reveals trends and red flags
An estimated 23.6 million young Africans (aged 15–35) are unemployed—that's one in 22 (4.5%). With this number projected to grow to 27 million by 2030, the need for jobs is critical. But the key to good policies for job creation is good data......»»
FTC fines Razer for every cent made selling bogus “N95 grade” RGB masks
“Deceptive advertising and misinformation posed a risk to public health." Enlarge (credit: Razer) The Federal Trade Commission (FTC) announced this week a proposed settlement [PDF] against Razer that would see the tec.....»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
Triangulation fraud: The costly scam hitting online retailers
In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among m.....»»
FCC fines big three carriers $196M for selling users’ real-time location data
FCC finalizes $196M penalties for location-data sales revealed in 2018. Enlarge (credit: Getty Images | SOPA Images ) The Federal Communications Commission today said it fined T-Mobile, AT&T, and Verizon $196 million "fo.....»»
Plastic pollution talks move closer to world-first pact
A fourth and penultimate round of UN-led negotiations to solve global plastic pollution wrapped up in Ottawa early on Tuesday with a world-first pact said to be within reach by year's end but without a cap on the production of polymers......»»
Asbury Automotive says 10 dealerships are up for sale
Asbury Automotive Group said it entered Q2 with $243 million in assets for sale — including 10 dealerships — after selling a Jim Koons Lexus site in Delaware to MileOne Autogroup in March......»»
Hubble spots magnificent barred galaxy NGC 2217
The magnificent central bar of NGC 2217 (also known as AM 0619-271) shines bright in the constellation of Canis Major (The Greater Dog), in this image taken by the NASA/ESA Hubble Space Telescope. Roughly 65 million light-years from Earth, this barre.....»»
Elon Musk loses at Supreme Court in case over “funding secured” tweets
Musk can't kill SEC settlement that requires pre-approval of tweets about Tesla. Enlarge / Elon Musk speaks at the Satellite Conference and Exhibition on March 9, 2020 in Washington, DC. (credit: Getty Images | Win McNamee ).....»»
Elon Musk loses appeal bid for "funding secured" case at U.S. Supeme Court
The justices turned away Musk's appeal of a lower court's decision upholding the 2018 settlement reached after he said on social media that he had "funding secured" to take Tesla private......»»
More than 2 million gazelle still roam the Mongolian steppe
A study published in Oryx sheds light on the status of Mongolian gazelle populations across Mongolia, Russia, and China, revealing both successes and challenges in the conservation efforts of this iconic species.....»»
Apple could use ChatGPT to power AI features in iOS 18
The latest AI-in-iOS-18 rumor says OpenAI and Apple are now in serious talks to work together......»»