China’s cybersecurity agency accused the American government of orchestrating the theft of about $13 billion worth of Bitcoin, representing China’s most recent attempt to attribute major cyberattacks to the US. The theft of the 127,272 Bitcoin tokens from the LuBian Bitcoin mining pool that took place in December 2020 ranks as one of the largest … Read more
This school year, students in elementary, middle and high schools in some states will get a new lesson on safety: what to do if they find a firearm. Arkansas, Tennessee and Utah are the first states to enact laws that require public schools to teach children as young as 5 the basics of gun safety … Read more
Waymo will become the first robotaxi provider in the US to offer driverless rides on highways, a milestone that positions it to better compete with ride-hailing companies and traditional taxi services. Beginning Wednesday, the Alphabet Inc. unit will begin offering some riders routes that include freeways in San Francisco, Phoenix and Los Angeles, it said … Read more
The Arkansas Department of Commerce announced last that Governor Sarah Huckabee Sanders has appointed Jimmy Harris as the new Arkansas Insurance Commissioner. Harris will be sworn in on Wednesday, November 5. As commissioner, Harris will lead the Arkansas Insurance Department (AID), whose primary mission is to protect consumers and ensure the financial stability of insurers. … Read more
A vehicle transporting passengers at a Washington, D.C.-area airport hit a dock at the building Monday afternoon, sending 18 people to the hospital, according to officials. A mobile lounge, which transports passengers between the terminal and aircraft, struck the dock at an angle at about 4:30 p.m. at Washington Dulles International Airport as it was … Read more
Warren Buffett on Monday assured Berkshire Hathaway shareholders they need not worry about his upcoming departure as chief executive, giving a full-throated endorsement to his successor Greg Abel and promising to remain a major shareholder. In a letter to Berkshire shareholders, possibly his last public communication with them until he steps down at year-end, Buffett, … Read more
New York Attorney General Letitia James has issued a consumer alert encouraging New Yorkers to report companies not disclosing their use of algorithmic pricing, as a new state law requires. Algorithmic pricing allows companies to automatically adjust prices based on individuals’ personal data, charging some consumers more than others depending on factors like their location, … Read more
International Underwriting Association Names Convex’s Butt as Chair Theo Butt, chief Executive Officer, UK for Convex Insurance, has been elected as the new chair of the International Underwriting Association (IUA). He will take over from Claire McDonald, chief executive officer of SCOR Business Solutions, who is stepping down at the end of a fixed two-year … Read more
Internet domain registrar GoDaddy GDDY.N owes a patent owner $170 million for violating its rights in website-building technology, a Delaware federal jury said in a verdict made public on Friday. The jury agreed with Express Mobile that GoDaddy’s web-design tools infringe two of its patents. GoDaddy said in a statement that it disagrees with the … Read more
More than six years after a Boeing 737 Max jetliner crashed in Ethiopia, the first civil trial related to the disaster that killed all 157 people on board was set to proceed. Boeing has settled most of the dozens of wrongful death lawsuits that families of the victims filed against the aircraft maker after the … Read more