Tether Fined $41 Million For Lying About Fiat Currency Backing
An anonymous reader quotes a report from Bloomberg: Tether will pay $41 million to settle allegations it lied in claiming its digital tokens were fully backed by fiat currencies, putting a major compliance headache behind the world's biggest issuer o.....»»
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.....»»
Spike Lee directs and stars in 2024 Fiat 500e ad campaign
The spot is largely unscripted, Stellantis said, which allows the chemistry and friendship of Lee and Esposito to shine......»»
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......»»
FCC fines major wireless carriers over illegal location data sharing
The Federal Communications Commission (FCC) fined the nation’s largest wireless carriers for illegally sharing access to customers’ location information without consent and without taking reasonable measures to protect that information against un.....»»
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.....»»
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.....»»
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.....»»
Tesla’s 2 million car Autopilot recall is now under federal scrutiny
NHTSA has tested the updated system and still has questions. Enlarge / A 2014 Tesla Model S driving on Autopilot rear-ended a Culver City fire truck that was parked in the high-occupancy vehicle lane on Interstate 405. (credit: C.....»»
Mirror supplier Gentex"s Q1 net income rises 11% to $108 million, revenue reaches record $590 million
CEO Steve Downing credited the strong first quarter with increased take rates of mirrors with advanced features and technology......»»
Tesla"s recall of 2 million vehicles for Autopilot issues being probed by NHTSA
The agency wants to know if Tesla's December recall of more than 2 million vehicles to install new Autopilot safeguards is adequate......»»
Canadian government plans to amend legislation to allow detained migrants to be held in federal prisons
The Canadian government recently proposed earmarking $325 million in the 2024 federal budget to upgrade federal immigration detention centers to hold more people. The budget also proposes to amend the law to allow federal prisons to be used to detain.....»»
Tesla"s recall of 2 million vehicles for Autopilot issues now being probed by NHTSA
The agency wants to know if Tesla's December recall of more than 2 million vehicles to install new Autopilot safeguards is adequate......»»
Breaking down the numbers: Cybersecurity funding activity recap
Here’s a list of interesting cybersecurity companies that received funding so far in 2024. Aim Security January | $10 million Aim Security raised $10 million in seed funding, led by YL Ventures, with participation from CCL (Cyber Club Lond.....»»
NASA"s Deep Space Optical Communications demonstration transmits data over 140 million miles
Riding aboard NASA's Psyche spacecraft, the agency's Deep Space Optical Communications technology demonstration continues to break records. While the asteroid-bound spacecraft doesn't rely on optical communications to send data, the new technology ha.....»»