Articles by Akash Sriram

Lyft to Roll out Rider Verification Badges in Safety Push

Lyft is rolling out, among other features, verification badges for riders in a bid to improve safety on the ride-hailing platform, the company said on Tuesday. Rival Uber Technologies had started rolling out similar features two months ago and provided …

Indian News Agency Sues OpenAI for Copyright Violation

Asian News International, one of India’s largest news agencies, sued OpenAI in a court in India alleging that the U.S. artificial intelligence company misused its copyrighted news content. ANI also alleged that OpenAI stored the data, which is in breach …

Evian Maker Danone Defeats Lawsuit Over ‘Carbon Neutral’ Claim

The maker of Evian spring water, Danone, won the dismissal of a lawsuit challenging its “carbon neutral” claim on bottles, as a U.S. judge reversed his earlier ruling letting the proposed class action proceed. Consumers accused Danone of defrauding them …

AI: How Leading Insurers Adapt to the New Norm of Extreme Storms

The 2024 Atlantic hurricane season brought unprecedented changes to Florida’s insurance market. The impact of inclement weather has caused home and flood insurance rates to balloon over 400% in the last five years alone. Most recently, Hurricanes Helene and Milton …

Ford Faces Two Recall Probes as Carmaker Combats Quality Woes

U.S. auto safety regulators are probing two recent recalls by Ford Motor Co. as the carmaker struggles to contain quality lapses in its vehicles. The National Highway Traffic Safety Administration is investigating an April recall of more than 450,000 Bronco …

Shopping for Homeowners and Auto Insurance Rose in 3Q, Report Shows

Auto and property insurance shopping rose markedly in the third quarter of 2024, pushing carrier switches up 38% compared with last year, according to a report from TransUnion. Homeowners insurance shopping rose 19% and auto insurance shopping rose 16% respectively, …

Allstate Thinking Outside the Cubicle With Flexible Workspaces

After ditching two-thirds of its office space and selling its Chicago headquarters, Allstate Corp. realized that even employees who prefer working remotely still need a place to gather with their coworkers from time to time. In the coming months, a …

Atmospheric River to Hit Pac Northwest and California; Snow Could Impact Parts of Northeast And Great Lakes

Meteorologists are forecasting a stormy pattern that could impact millions of people across U.S. this week with the threat of flooding, travel disruptions and the potential for the first accumulating snowfall of the season in some places. Flooding rainfall and …

Swiss Re: Mitigating Flood Risk 10x More Cost Effective Than Rebuilding

Flood damage-related economic losses totaled USD $51.6 billion in 2023, but research shows protective measures can substantially reduce losses, according to Swiss Re Institute. As losses are expected to increase due to more intense weather events and continued urban sprawl, …

T-Mobile’s Network Breached as Part of Chinese Hacking Operation

Mobile U.S. Inc.’s network was among those recently breached by Chinese hackers in an attack on multiple telecommunications companies. “T-Mobile is closely monitoring this industry-wide attack,” a company spokesperson said Saturday in an emailed statement. “We have not seen significant …