Feds in NYC: Hackers Stole $45M in ATM Card Breach A gang of cyber-criminals stole $45 million in a matter of hours by hacking their way into a database of prepaid debit cards and then draining cash machines around the globe, federal prosecutors said Thursday. More
Man who faked his way into cockpit pleads guilty to fraud The man who conned his way into the cockpit of an US Airways flight in March pleaded guilty Wednesday in Philadelphia to one count of fraud in connection with an identification document. More
3-D-printed gun fires real bullets A Texas group run by a self-described anarchist has posted what appears to be the first video of the live firing of a handgun created with a 3-D printer. The 53-second video shows a single shot being fired from The Liberator, a plastic handgun that, with the exception of its metal firing pin, was assembled from parts made with a 3-D printer, according to Defense Distributed. More
Abused disabled Iowa plant workers awarded $240M A Texas company has been ordered to pay 32 mentally disabled workers $240 million in damages for what government lawyers described as years of around-the-clock abuse. More
The aviation fuel/lead exposure connection The findings are sure to intensify a fierce debate over the continued use of leaded aviation fuels at airports. Federal officials are working to phase out the use of lead in aviation fuel, known as ... 04/24/2024 - 6:53 am | View Link
Climate crisis to slash world incomes by nearly a fifth, some $38 trillion a year, by 2049, study warns Climate change will cause massive economic damages within the next 25 years in almost every nation, a new study warns. But acting now could turn the financial “doomsday” around. 04/22/2024 - 2:30 am | View Link
Meta’s newest AI model beats some peers. But its amped-up AI agents are confusing Facebook users Meta’s has added its newest AI models to Facebook, Instagram and WhatsApp. But the amped-up chatbots’ bizarre exchanges lay bare the limitations of even the best generative AI technology. 04/20/2024 - 12:45 pm | View Link
21+ Companies (and People) That Dramatically Lost Their Fortunes Changing technology, mismanagement, and outright crime have led more than a few people and companies to go from riding high to landing in poverty, bankruptcy, or even jail during the past 10 years. 04/15/2024 - 5:00 am | View Link
From a Rocky Start, Dakotah Lindwurm Emerges With Unshakeable Self-Belief Growing up in St. Francis, a small town about 40 miles north of Minneapolis, Lindwurm played hockey. When she was in middle school, her dad, Shawn Bullen, suggested she watch the movie Miracle —a film ... 04/9/2024 - 7:00 am | View Link
Against the global backdrop of violent conflicts, withering financial conditions and increasingly extreme weather events, leaders of major institutions have needed to adapt and pursue meaning beyond creating profit, as top officers of four companies discussed Wednesday on the TIME100 Summit stage.
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Tory Burch, Executive Chairman and Chief Creative Officer of Tory Burch, creator of the Tory Burch Foundation and member of this year’s TIME100, said when she considers leading her company for the past 20 years she “can’t believe she’s still standing.”
“Being an entrepreneur today is, as I mentioned, whiplash.
In 2021, troubled by a law change in Georgia that could restrict voting access, business leaders Ken Chenault and Ken Frazier partnered to gather the support of U. S. executives to take a stand. They secured more than 700 signatures for their statement opposing “discriminatory legislation.” But the pair told the audience at the TIME100 Summit on Wednesday that today’s political and social climate would make such an effort more difficult to achieve in 2024.
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“I think it would be much harder to get CEOs to take a stand on those issues or many other issues,” said Frazier, the chairman of health assurance Initiatives at General Catalyst, and former CEO at pharmaceutical company Merck—which, as a premiere partner for the TIME100 franchise, was a sponsor of the event—during a panel discussion alongside Chenault.
Selena Gomez is committed to Rare Beauty, she said at the 2024 TIME100 Summit in New York City on Wednesday. Gomez launched the vegan and cruelty free makeup line in Sept. 2020, and it has since amassed a valuation of $2 billion, a figure that led to reports of a potential sale in Rare Beauty’s immediate future.
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“I don’t think I’m going anywhere.
Enlarge (credit: Getty Images | Chesnot )
The Senate last night approved a bill that orders TikTok owner ByteDance to sell the company within 270 days or lose access to the US market. The House had already passed the bill, and President Biden signed it into law today.
The "Protecting Americans From Foreign Adversary Controlled Applications Act" was approved as part of a larger appropriations bill that provides aid to Ukraine, Israel, and Taiwan.
Enlarge / Players will be able to throw down a few bucks to get the Python Mk 2 starting next month. (credit: Frontier Developments)
Elite: Dangerous players will soon be able to pay real money for access to in-game ships for the first time, a major change that already has some long-time players raging about a "pay-to-win" shift for the long-running game.
Since Elite Dangerous launched over nine years ago, the game has sold ships in exchange for in-game credits earned through gameplay.
Enlarge / SpaceX landed its 300th booster on Tuesday. (credit: SpaceX webcast)
SpaceX launches have become extremely routine. On Tuesday evening, SpaceX launched its 42nd rocket of the year, carrying yet another passel of Starlink satellites into orbit. Chances are, you didn't even notice.
All the same, the cumulative numbers are mind-boggling.