Visa Inc. said it allocated $1.5 billion to cover litigation costs. The global payments firm authorized the deposit of the money into a litigation escrow account that’s used for covered litigation, it said in a filing Thursday, without specifying any …
A Government Accountability Office risk assessment to evaluate the viability of Federal Aviation Administration operated air traffic control systems following a shutdown of the national airspace in 2023 shows 37% of the systems are unsustainable. The GAO assessment out this …
Newsmax Media said on Thursday it had reached a confidential settlement of allegations that the conservative outlet damaged Smartmatic by broadcasting false claims that the voting machine company helped steal the 2020 U.S. presidential election from Donald Trump. The agreement …
The Doan Group, a provider of auto and property appraisal and adjusting services, added a new insurance claim appraisal franchise serving the Tampa, Florida, area. Husband and wife team Ralph and Paola Rivera will own and operate the new franchise …
Top Indian insurer Star Health has sued Telegram and a self-styled hacker after Reuters reported that the hacker was using chatbots on the messaging app to leak personal data and medical reports of policy holders. The lawsuit comes amid growing …
Just when employees have learned to ignore scammy texts and emails from the boss, along comes the next generation of impersonation using artificial intelligence. Cybercriminals increasingly use generative AI, including voice calls and video, to scam businesses. And small businesses …
American Eagle Outfitters sued Amazon.com, accusing it of intentionally infringing the clothing and accessories retailer’s “Aerie” and “Offline by Aerie” trademarks by directing customers to knock-off merchandise. In a complaint filed in Manhattan federal court, American Eagle said it rejected …
Toy maker MGA Entertainment must pay $71.5 million in damages for infringing on the name and likeliness of teen pop group OMG Girlz with one of its popular lines of dolls, a federal jury has decided. Monday’s verdict hands a …
Cybersecurity claims reported in recent years vary sharply, with larger claims reaching $500 million of data loss and smaller claims as low $1,000. NetDilligence released its annual report, which analyzes 10,464 claims from incidents between 2019 and 2023. The report …
The U.S. Federal Trade Commission announced actions against five companies on Wednesday that it said used artificial intelligence in deceptive and unfair ways. Three of the cases suspended operations at businesses that purported to help consumers generate passive income by …