Hedge fund Melvin sustains 53% loss after Reddit onslaught
$4.5 billion drop in assets after bets against the likes of GameStop go sour. Enlarge (credit: Innocenti | Getty Images) Melvin Capital, the hedge fund that was wrongfooted by retail traders who drove up shares in GameStop and other companies.....»»
Tax whistleblower laws boost state revenue: Study
The federal tax gap—money people and companies owe Uncle Sam but fail to pay on time—has climbed to historic highs: $696 billion in 2022, according to the IRS. It's money that—if recouped—could fund infrastructure or education or pay down gov.....»»
BlackFog platform enhancements boost data loss prevention
BlackFog launched its next generation enterprise platform to deliver even more powerful ransomware and insider threat prevention. BlackFog’s pioneering platform focuses specifically on anti data exfiltration to prevent unauthorized data from leavin.....»»
53 years of survey data confirm African elephant decline
Habitat loss and poaching have driven dramatic declines in African elephants, but it is challenging to measure their numbers and monitor changes across the entire continent. A new study has analyzed 53 years of population survey data and found large-.....»»
When countries hide their public debt, they hurt themselves, their citizens and their lenders, say economists
Economists from the International Monetary Fund (IMF) recently announced that global public debt would soon collectively catch up to the worldwide gross domestic product (GDP), likely matching it by 2030. New research from the University of Notre Dam.....»»
Best Buy’s early Black Friday already has discounts up to 53% off
Best Buy has a lot of excellent early Black Friday deals going on, and we've collected some of our favorites for you......»»
Zywave enhances Cyber Quoting to provide insight into coverage limit adequacy and potential loss gaps
Zywave announced an enhancement to its Cyber Quoting solution with the addition of embedded benchmarking. Brokers can now leverage industry data and loss profiles from similar organizations to provide their clients with more sophisticated insight int.....»»
The natural environment is declining—are companies doing their part to save it?
The natural environment across the globe is deteriorating, leading to crises like climate change, biodiversity loss, and water scarcity. Companies and industries play a major role in this decline, and they are expected to take responsibility for thei.....»»
Brazil"s Amazon posts lowest deforestation in nine years: govt
The Brazilian Amazon experienced its smallest amount of yearly deforestation in nearly a decade, President Luiz Inacio Lula da Silva's government reported Wednesday, in line with its promise to combat forest loss......»»
Consumer privacy risks of data aggregation: What should organizations do?
In September 2024, the Federal Trade Commission (FTC) released an eye-opening report that digs into the data habits of nine major tech giants, including Amazon (Twitch), ByteDance (TikTok), Discord, Facebook, Reddit, Snap, Twitter, WhatsApp, and YouT.....»»
Drugmaker shut down after black schmutz found in injectable weight-loss drug
The warning comes amid a legal war over compounded weight-loss drugs. The Food and Drug Administration is warning consumers not to use any drugs made by a compounding pharmacy in.....»»
Silent Hill 2 remake players just discovered a huge secret
A Reddit user has solved the mystery behind Silent Hill 2 remake's photos, and it has added fuel to a potential fan theory......»»
US agency closes probe into 411,000 Ford vehicles due to loss of power
US agency closes probe into 411,000 Ford vehicles due to loss of power.....»»
NHTSA closes probe into more than 411,000 Ford vehicles due to loss of power
NHTSA closes probe into more than 411,000 Ford vehicles due to loss of power.....»»
Strong privacy laws boost confidence in sharing information with AI
53% of consumers report being aware of their national privacy laws, a 17-percentage point increase compared to 2019, according to Cisco. Informed consumers are also much more likely to feel their data is protected (81%) compared to those who are unaw.....»»
Trump talks about reporters being shot and says he shouldn"t have left White House after 2020 loss
Trump talks about reporters being shot and says he shouldn"t have left White House after 2020 loss.....»»
UN summit approves fund to share benefits of nature"s sequenced genetic data
A UN nature summit agreed in Colombia Saturday on the creation of a fund to share the profits of digitally sequenced genetic data taken from animals and plants with the communities they come from......»»
"A great loss": FSU community calls for action, mourns death of student bicyclist
"A great loss": FSU community calls for action, mourns death of student bicyclist.....»»
Overshooting 1.5°C is risky. That"s why we need to hedge our bets
The global response to climate change has gained momentum since the 2015 Paris agreement, yet it remains inadequate to meet the scale of the challenge. That agreement established the goal of holding global warming to well below 2°C, and to pursue ef.....»»
Claro Enterprise Solutions helps organizations identify vulnerabilities within Microsoft 365
Claro Enterprise Solutions launched Collaboration Security Management solution. This comprehensive service addresses critical security challenges related to file sharing, data loss events, or unknown shadow users, faced by organizations using Microso.....»»
Amid controversial changes, Reddit is getting more popular—and profitable
With Reddit finally making money, the Reddit of yesteryear isn't coming back. In May 2023, Reddit announced that its API would no longer be free, signaling the demise of most thi.....»»