Anamika Dey, editor Brief news The UK is facing rising tensions between banks and social media firms over compensation for victims of online fraud, particularly […]
Author: techsunnews.com
Buttigieg responds to Elon Musk’s misinformation over the federal response to Hurricane Helene
Anmaika Dey , editor Brief news Transportation Secretary Pete Buttigieg directly addressed Elon Musk’s false claims about federal disaster aid and airspace restrictions for Hurricane […]
VC Ben Horowitz has announced that he will contribute to the campaign of Vice President Kamala Harris
Nandini Roy Choudhury, writer Brief news Ben Horowitz, a venture capitalist, announced his support for Vice President Kamala Harris’ campaign after previously backing Donald Trump’s […]
Workers conclude port strike with preliminary wage and contract extension deal.
Rohit Baniwal, writer Brief news A tentative wage agreement was reached between the U.S. Maritime Alliance and dockworkers’ union, extending the current contract until January […]
Mark Zuckerberg surpasses Jeff Bezos to become the world’s second richest person
Nandini Roy Choudhury, writer Brief news Mark Zuckerberg’s net worth reached $206.2 billion, surpassing Jeff Bezos and making him the second wealthiest person globally, driven […]
Following the SEC’s appeal of the landmark Ripple case ruling, XRP fell by 9%.
Sonali Ray, writer Brief news XRP’s price fell over 8% to 53 cents following the SEC’s appeal against a favorable court ruling regarding its security […]
OpenAI now has well over $10 billion in liquidity due to a $4 billion revolving credit line.
Anamika Dey, editor Brief news OpenAI has secured a $4 billion revolving line of credit, boosting its total liquidity to over $10 billion, following a […]
Revolut, a digital bank, accuses Meta for its handling of frauds and claims the internet giant need to reimburse victims.
Nandini Roy Choudhury, writer Brief news Revolut criticized Meta’s approach to fraud prevention, urging for direct compensation to scam victims on its platforms. Revolut’s chief […]
Goldman-backed Starling Bank fined $38.5 million for financial crime prevention deficiencies.
Anamika Dey, editor Brief news Starling Bank was fined £29 million by the FCA for deficiencies in financial crime prevention, including failing to screen high-risk […]
To combat frauds, Facebook’s owner Meta strikes a data-sharing agreement with UK banks.
Anamika Dey, editor Brief news Meta is collaborating with NatWest and Metro Bank to establish an information-sharing agreement aimed at combating fraud and protecting consumers […]