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Don’t touch me.” “Give me your ID.” “Don’t touch me. You ask me for my ID, I’m going to give you my ID, but don’t touch me. Stop touching me.” “Keep your hands out of your pocket.” “Stop touching me.” “Keep your hands out of your pocket.” “Stop touching — my hands are in my pocket. Do what you got to do.” “Please, please, please, stop, stop, stop. Guys, please, guys, stop, stop, stop.”

Persons: “, ”, You’re, —, It’s, ain’t, ” “ I’m, Delaney, ” “, “ I’m, — Vasquez

AdvertisementAdvertisementThere are many ways to narrow down your options for a business bank account, including interest rates. Business vs. personal bank account interest rates at online banks*Current and prior American Express Rewards Checking customers aren't eligible for American Express Business Checking. Business banking vs. personal banking: What you need to knowOpening a business bank account involves more documentation than opening a traditional bank account. AdvertisementAdvertisementFor example, you might consider getting a business checking account over a personal checking account because it offers greater protection and access to merchants' services. Products in this post: Bank of America Advantage Savings Account, Bank of America Savings Account, Chase Business Premier Savings, Chase Premier Savings℠ Account, Regions Bank Business Premium Money Market, Regions LifeGreen® Savings Account, U.S. Bank Platinum Business Money Market Account, U.S. Bank Elite Money Market Account, Wells Fargo Business Platinum Savings, Wells Fargo Platinum Savings Account, American Express Business Checking, American Express® High Yield Savings Account, Axos Business Interest Checking, Axos Bank Rewards Checking, Live Oak Bank Business Savings, Live Oak Bank Online Savings Account, Nationwide Business Premium Savings, Nationwide My Savings Account, NBKC Business Money Market Account, NBKC Money Market Account, BlueVine Business Checking Account, Bethpage Federal Credit Union Business Money Market, Bethpage Federal Credit Union Money Market Account, Blue Federal Credit Union Business Tiered Money Market, Blue Federal Credit Union Accelerate Savings, Consumers Credit Union Business Money Market, Consumers Credit Union Free Rewards Checking Account, Premier Members Credit Union Money Market Account, Premier Members Credit Union Business Money Market Account, Signature Federal Credit Union High-Yield Checking Account, Signature Federal Credit Union Business High Yield Checking

Persons: —, you'll Organizations: Service, U.S . Bank, Business, American, Consumers Credit Union, Products, Bank of America, Chase Business Premier Savings, Chase Premier, Regions Bank, LifeGreen, Bank, Wells, Savings, Wells Fargo, Express, Oak Bank Business Savings, Oak Bank, Business Premium Savings, Nationwide, Bethpage Federal Credit Union, Money, Federal Credit Union, Blue Federal Credit Union, Money Market, Consumers Credit, Credit, Credit Union Locations: Florida, Alabama, U.S, Illinois, Wisconsin, Wells Fargo, Bethpage

☆ Read the new letter from Mitt Romney and billionaire Seth Klarman slamming Harvard's 'silence' over 'antisemitism on campus' as 'astounding'
▼ + stars: | 2023-10-24 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

A group of Harvard alum, including Mitt Romney and billionaire Seth Klarman, are condemning its leadership. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Monday, a group of Harvard alumni including Senator Mitt Romney and billionaire investor Seth Klarman wrote an open letter slamming the school's leadership and its response to purported antisemitism on campus. Other alums condemned Harvard's response to both the terrorist attacks and the student letter.

Persons: Mitt Romney, Seth Klarman, alums, —, Bill Helman, Bain, Mark Nunnelly, Joanna Jacobson, Claudine Gay, Bill Ackman, Les Wexner, Idan Ofer, Batia, Michael Hemesath Organizations: Harvard, Service, Harvard Palestine Solidarity Groups, Harvard's Kennedy School of Government, Ivy League, University of Pennsylvania, Carleton College, Saint John's University Locations: Israel, Gaza

☆ GoStudent, the $3 billion edtech darling, scaled fast and partied hard. The result was a mess.
▼ + stars: | 2023-10-24 | by ( Tasmin Lockwood | Riddhi Kanetkar | ) www.businessinsider.com time to read: +23 min

These people were employees of GoStudent, an Austria-based online-tutoring startup that had quickly become the darling of the European tech scene. But 28 current and former GoStudent employees and tutors said they experienced a poorly run organization with clumsy management. Edtech companies "rarely have any major competitive advantage other than scale," a European venture capitalist who's not affiliated with GoStudent said. A GoStudent employee threatened to track down the petition's author using tutors' IP addresses, according to the German publication Handelsblatt. According to public documents updated in December 2022, GoStudent had shrunk to 15 markets and 1,500 employees, including its acquisitions.

Persons: Felix Ohswald, Gregor Müller, GoStudent, who'd, I'm, Heinz, Peter Meidinger, cofounders, Ferdinand von Hagen, Prada, GoStudent's, Dave Benett, Müller, —, Ohswald, Anthony Canavan, Canavan, Brutkasten, Norbert Wess, Harry Murphy, Duncan McIntyre, McIntyre, Neel Gupta, Anna Tuchy, Patrick Nadler, Nadler, Sarah Heuberger, Ross Slater Organizations: German Teachers ' Association, Employees, GoStudent, Conseil, prud'hommes, DBS, Safety Officers, Web, Getty, JP Morgan, Barclays, Deutsche Bank, TechCrunch, Organisation for Economic Cooperation Locations: Vienna, Austria, Silicon Valley, North America, South America, Europe, London, France, Soho , London, Dock, DACH, Germany, Switzerland, Spanish, Sweden, Swedish, GoStudent, Ukraine, Ibiza, GoStudent's, Deliveroo

☆ FBI says North Korea deployed thousands of IT workers to get remote jobs in US with fake IDs
▼ + stars: | 2023-10-19 | by ( Associated Press | ) www.businessinsider.com time to read: +6 min

North Korea has been sending IT workers to get remote US jobs, according to the FBI and DOJ. The workers have been using these jobs to raise money for North Korea's ballistic missile program, the US agencies said. The money they earned was funneled to the North Korean weapons program, FBI leaders said at a news conference in St. Louis. AdvertisementAdvertisement"We can tell you that there are thousands of North Korean IT workers that are part of this," spokeswoman Rebecca Wu said. The IT workers generated millions of dollars a year in their wages to benefit North Korea's weapons programs.

Persons: —, Louis, Jay Greenberg, Rebecca Wu, Greenberg, Kim Jong Organizations: FBI, DOJ, North, Service, Department of Justice, The Justice Department, Federal, Louis FBI, North Korean, State Department, Department of, Treasury, Justice Department, United Locations: Korea, North Korea, St, St . Louis, North Koreans, China, Russia, Korean, Iran, United States, United Nations

☆ Fashion brands want you to be able to identify fake designer merchandise
▼ + stars: | 2023-10-13 | by ( Jacqui Palumbo | ) edition.cnn.com time to read: +13 min

‘It’s almost seen as a hack’These tactics are all part of the industry’s hope to neutralize the booming counterfeit market, with some estimates asserting that fake fashion and luxury items account for 60% or more of the multi-trillion-dollar trade in fake goods. Sympathy for brands “can be hard for consumers in general, particularly those who are deeply steeped in TikTok culture,” Scafidi said. According to Business of Fashion, the average price for a women’s designer handbag in the US spiked 27% from 2019 to 2022. Last year saw record-breaking profits for the luxury sector, with around 95% of brands seeing growth, according to an estimate by consulting firm Bain & Company. “Right now, vintage is on trend, and we actually see new replicas of vintage items — items that were made in the ’80s or ’90s,” Thompson said.

Persons: Louis Vuitton, Cartier, Birkin, Miu Miu, Chanel, ”, Simon Lock, LVMH, Maison, OTB, ‘ It’s, dupes, Counterfeiters, Sarah Davis, “ it’s, what’s, Susan Scafidi, “, Leah Abucayan, ” Scafidi, Fashionphile, Davis, Hunter Thompson, “ It’s, ” Thompson, ” Davis, Scafidi, Romain Carrere, “ We’re, ” Carrere, it’s Organizations: CNN, luxe, Ordre Group, Burberry, Prada Group, Dior, Prada, YouTube, Social, Fashion Law, Business of Fashion, Bain & Company, Technology, Blockchain Locations: Fashionphile, Europe, —

NEW YORK (AP) — U.S. Rep. George Santos stole the identities of donors to his campaign and then used their credit cards to ring up tens of thousands of dollars in unauthorized charges, according to a new indictment filed Tuesday. In the updated indictment, prosecutors accuse Santos of charging more than $44,000 to his campaign over a period of months using cards belonging to contributors without their knowledge. Santos’ personal and professional biography as a wealthy businessman began to unravel soon after winning election to represent parts of Long Island and Queens last year, revealing a tangled web of deception. Santos was not initially charged in the criminal complaint against Marks, but was identified in court papers as a “co-conspirator." Because the unauthorized charges exceeded contribution limits under federal law, Santos listed the additional payments as coming from his own unwitting relatives, prosecutors allege.

Persons: George Santos, Santos, Attorney Breon Peace, “, ”, Santos ’, — Santos, Nancy Marks, Marks, Long, Sam Miele, Miele, Kevin McCarthy, Kevin Marino, Farnoush Amiri Organizations: — U.S . Rep, New York Republican, Federal Elections Commission, Republican Party, Attorney, U.S Capitol, Queens, Republican, Prosecutors, GOP Rep, Press Locations: ” U.S, Long Island, Santos, Washington

☆ Retailers appear to be facing a self-checkout reckoning
▼ + stars: | 2023-10-05 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +5 min

Retailers hoped to save big on labor costs by introducing self-checkout lanes. Now retailers including Costco, Walmart, and Kroger are rethinking some self-checkout strategies. Costco, for example, has started asking staff to check membership cards in the self-checkout lanes, as well as assist with scanning items. This is not exactly the labor-minimizing tech retailers were promised. AdvertisementAdvertisementWalmart and Kroger use sophisticated video-monitoring and sensor tech to track merchandise through stores and self-checkout lanes.

Persons: —, Dominick Reuter, Kroger, Matt Kelley, Kelley, Christopher Andrews Organizations: Service, Costco, Walmart, Kroger, Depot, LiveView Technologies, Drew University, CNN Locations: Albuquerque , New Mexico

☆ Why Thailand's having second thoughts about decriminalizing cannabis
▼ + stars: | 2023-09-29 | by ( Heather Chen | ) edition.cnn.com time to read: +11 min

Little more than a year after cannabis decriminalization, following an election that saw a more conservative coalition government come into power, there are signs Thailand’s laws on cannabis could be rewritten once again. Most cannabis dispensaries like his he says, have been responsible and diligent from the start in checking buyers’ IDs and educating customers about cannabis rules. “Thousands of cafes, stores, and other cannabis businesses have sprouted and hundreds of millions of dollars are being spent by tourists in a short amount of time,” Zaytsev said. The debate comes just as the quality of domestically produced cannabis in the country was improving, she added. “The quality of Thai cannabis has gotten better and better.

Persons: “, ” Iemvijan, –, Nitikrist Attakrist, ” Attakrist, Chiang Mai, Srettha Thavisin, ” Thavisin, Iemvijan, Cannabis, ”, Wisawa Mcintyre, Anutin Charnvirakul, Athit Perawongmetha, hasn’t, Ley Singdam, Ley, ” Ley, Kitty Chopaka, Chopaka, Michael Zaytsev, LIM, ” Zaytsev, Gloria Lai, ” Lai, ” “, Thavisin, Manan Vatsyayana Organizations: CNN, Thai, Bloomberg, Thailand’s Public, Thai Health, Staff, Reuters Observers, ” Farmers, Thais, International Drug Policy Consortium, Bhumjaithai Party, Getty Locations: Thai, Bangkok, Thailand, Southeast Asia, San, Thonglor, Phuket, ‘, ”, Athit, New York, Asia, Singapore, Indonesia, AFP

☆ Singapore's Changi Airport will soon go passport-free
▼ + stars: | 2023-09-20 | by ( Heather Chen | ) edition.cnn.com time to read: +3 min

Starting in 2024, officials say Singapore’s Changi Airport will introduce automated immigration clearance, which will allow passengers to depart the city-state without passports, using only biometric data. Biometric technology, along with facial recognition software, is already in use to some extent in Changi Airport at automated lanes at immigration checkpoints. But passports will still be required for many countries outside of Singapore that do not offer passport-free clearance, Teo stressed. Departure hall at Terminal 3 of Singapore's Changi Airport. Markus Mainka/imageBROKER/ShutterstockOften ranked the world’s best airport and also one of the busiest, Singapore’s Changi Airport serves more than 100 airlines that fly to 400 cities in around 100 countries and territories worldwide.

Persons: Josephine Teo, ” Teo, Biometrics, Teo, Markus Mainka, Indira Gandhi, Paris Charles de Gaulle Organizations: CNN, ” Communications, Singapore's, Singapore’s Changi, Changi, Dubai International Airport, Hong Kong International Airport, Indira, Indira Gandhi International, International Civil Aviation Organization, American Airlines, United, Delta Locations: Singapore, Changi Airport, Dubai, Tokyo Narita, Tokyo Haneda, Delhi, London Heathrow, Paris, Aruba

☆ How forensic investigators use DNA, fingerprints and other methods to identify remains after a fire
▼ + stars: | 2023-08-26 | by ( Eric Levenson | ) edition.cnn.com time to read: +14 min

“DNA has been really extremely helpful for us, with the Rapid DNA,” said Alison Galloway, professor emerita of anthropology at the University of California-Santa Cruz, who helped identify remains during the Camp Fire. “If you don’t have that … then it’s a lot more difficult.”In general, forensic experts rely on DNA, dental analysis, fingerprints, medical hardware or circumstantial evidence to try to identify remains. “We’re still diligently working trying to make sure that we can identify (remains), and that’s why that DNA is so important, because we got fingerprints from three,” he said. Galloway, the forensics professor, said one of the advantages of the Rapid DNA technology is in quickly determining whether a DNA swab is usable. Maui asks for family members to come forwardFor Rapid DNA to work, family members of the missing have to willingly submit to DNA swabs.

Persons: ”, Alison Galloway, Santa Cruz, Josh Green, CBS’s, Sarah Salmonese, Go Nakamura, Ken Alba, Jae C, Yuki Iwamura, Patrick T, Fallon, Bryan Anselm, Mike Blake, Matthew A, Foster, Rick Bowmer, Lauren Haley, Makalea Ahhee, Justin Sullivan, Max Whittaker, Zoltan Balogh, Robert Gauthier, Mengshin Lin, Evelio Contreras, CNN Vixay Phonxaylinkham, Lana, Phonoxaylinkham, Marco Garcia, Claire Rush, Myrna Ah Hee, Sui, Ty O'Neil, Ku'u Kauanoe, ZUMA, Matthew Thayer, John Pelletier, “ We’re, Stephen Meer, Sudhin, –, Meer, we’ve, you’ve, you’re, ” Meer, Jonathan Masaki Shiroma, what’s, …, Robert Quinn, “, Robert Quinn’s Organizations: CNN, University of California, New York Times, Getty, Reuters, Staff, US Army National Guard, Maui Police, Facility, AP Volunteers, Grace Baptist, Volunteers, Los Angeles Times, AP, Washington Post, Kahului Airport, Technologies, Kahului, AP Helicopters, Hawaii Army National Guard, Hawaii National Guard, Reuters Residents, ZUMA Passengers, Maui News, ANDE Corp, Forensic Science, Fire, FBI, Maui Emergency Management Agency Locations: Maui, California, Santa, Hawaii, Lahaina , Hawaii, Lahaina, AFP, Wahikuli, Wailuku, Kula , Hawaii, Kula, Kihei, West Maui, Grace, Napili, Honokowai, Honolulu, Maalaea, Kahului, Las Vegas, Church, Lahaina Hongwanji, Paradise , California, Galloway, Ukraine, ”, Butte County

☆ This Ugandan earns a bonus for each person he gets to sign up for Sam Altman's eyeball-scanning crypto project
▼ + stars: | 2023-08-24 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +12 min

The business-to-business software firm, which has a market cap of $11.5 billion, gave users the option of logging in with their World ID beginning in June. Social media app Discord also uses World ID for verification. But ultimately, the foundation envisions a future where a World ID could be used to facilitate nationwide votes, among other use cases involving banking and e-commerce. Ava Labs president John Wu tells CNBC that the self-custody feature of the Worldcoin ID is also critical. Despite his concerns, Mwangi ultimately chose to enroll in the project because he believed in the wider mission of the World ID.

Persons: Keneth Byarugaba, Byarugaba, Namureba Abel, Abel, Muvya Muthama, Muthama, Sam Altman, Peter Mwangi, I'm, Mwangi, They're, Worldcoin, John Wu, Wu, Ricardo Macieira, Annegret Hilse, hasn't, Byarugaba indoctrinates, it's, isn't, CNBC's Jordan Smith Organizations: Worldcoin, CNBC, cryptocurrency, Social, FBI, Reuters Locations: Uganda, Kampala, Nairobi, Kenya, web3, Chile, Europe, Berlin

☆ An Arizona man planned to build his retirement home on a plot of land he bought 20 years ago. The problem: It was sold for $200,000 without him knowing.
▼ + stars: | 2023-08-24 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +9 min

"I noticed the last four digits of the social security number were not mine and the address was wrong — the mail shouldn't have even gotten to me," Gordon told Insider. Gordon, 65, bought the undeveloped, 3 1/3-acre property in 1999 for $76,500, Pima County property records show. AdvertisementAdvertisementGordon spoke with Title Security Agency, the Arizona company that handled Gordon's title work when he purchased the property in 1999. He told Insider that in this instance, the seller was found out to be fraudulent soon after the deal closed. He told Insider he spoke with a broker that had four fraudulent incidents in one day.

Persons: William Gordon, Gordon, He's, —, Penny Davis, Gabriella Cázares, Kelly, it's, we've, Eric Gibbs, I'm, Gibbs, Jeff Murtaugh, he's, who's, Murtaugh, ORNTIC Organizations: Service, Security Agency, First American, Pima Recorder's, Title Security Agency, Realty ONE, Realty Executives, Old, Title Insurance, Insurance, News Locations: Tucson, Wall, Silicon, Tucson , Arizona, Pima County, Phoenix, Arizona, Pima, Texas, Bexar, —, Real, Realty Executives Arizona, Old Republic

☆ Some Walmart's Spark Delivery Drivers Aren't Who They Say They Are
▼ + stars: | 2023-08-21 | by ( Yeji Jesse Lee | Alex Bitter | ) www.businessinsider.com time to read: +13 min

Walmart's delivery platform, Spark, has tripled its delivery-driver workforce over the past year. Insider spoke to six Spark drivers across the US and a Walmart employee who works with Spark drivers. "We encourage drivers to report any concerns to Spark Driver platform driver support so we can investigate and take the appropriate action." Earlier this year, Spark drivers protested at a Walmart Supercenter in Illinois over what they described as a prevalence of drivers who use bots on Spark. Several Spark drivers said that different stores they deliver for have different policies for checking drivers' IDs before dispensing orders.

Persons: Mike Del Rio, Del Rio, he'd, he's, Del, they've, Scott Olson, it's, John David Rainey, Spark, Joseph, Gregory Carr, Yeji Jesse Lee, Jeffrey Greenberg, They're, we're, We'll, Jessica, Alex Bitter Organizations: Walmart, Service, Walmart's, US, Insider, Universal, Getty Locations: Wall, Silicon, Utah, Del Rio, New Jersey, Mississippi, Texas, Illinois, North Texas, Florida

The future of transgender women’s participation in high-level women’s chess competitions seems uncertain, after the International Chess Federation introduced new regulations effectively barring many from women’s events for up to two years or more. People who have changed their gender on their FIDE IDs will be able to compete in the “open” section of tournaments, according to the federation. A FIDE ID is an individual number assigned to a chess player by the federation. Official tournaments, ratings and more are linked to that number. The change appears to mostly affect chess players who changed their gender identity after signing up for a FIDE ID.

Persons: “, ” Organizations: International Chess Federation, FIDE

☆ IPG Mediabrands 'privacy alert' says clients should 'consider' a pause on Google ads product
▼ + stars: | 2023-08-17 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +18 min

Google has disputed the Adalytics report, with a spokesperson describing it in a statement to Insider as "deeply flawed and misleading." An IPG Mediabrands spokeswoman said it was not accurate to say the agency was recommending a pause on any Google product. "What worries me about this Adalytics report is that Performance Max campaigns have allegedly been observed to run on made-for children inventory," Schreurs said. The article also refers to research undertaken by 3rd party (Adalytics) and the Adalytics report also mentions the following IPG/MB clients: 1. GAF For several of the above clients, the Adalytics report references that IPG/Matterkind placed the ad.

Persons: Max, IPG Mediabrands, Adalytics, wasn't, IPG, Ruben Schreurs, Schreurs, Edward J, Markey, Marsha Blackburn, Dyson, Matterkind, Biden's Organizations: Google, YouTube, The New York Times, Federal Trade Commission, COPPA, Republican, New York Times, Brand, Adalytics, NY Times, BMO, BMW, Nike, Intuit, Honda, FTC, United States, Association, MFK Locations: Massachusetts, Tennessee, United, MFK

☆ Crypto’s Next Craze? Orbs That Scan Your Eyeballs.
▼ + stars: | 2023-08-07 | by ( David Yaffe-Bellany | More About David Yaffe-Bellany | ) www.nytimes.com time to read: +1 min

Every Worldcoin orb contains a camera designed to record images of a person’s irises. The orbs convert those scans into bits of numerical code, which are supposed to serve as a new type of digital ID. They are promoting the orbs as a possible foundation for universal basic income, a welfare system in which everyone receives guaranteed payments, and argue that iris IDs will help distinguish real people from robots. Tools for Humanity is part of a growing array of crypto firms trying to latch on to the hype around A.I. to propel digital currencies back to relevance after a miserable 18 months of market crashes and bankruptcies.

Persons: Tom Cruise, Altman Organizations: Humanity

Eva Marie Uzcategui | Bloomberg | Getty ImagesIt's not your imagination: Companies are getting stingier with customer rewards. Raising the barSome of the biggest shifts in customer perks have come in the airline industry. At many retailers, customers must now pay a return fee if they want to ship back unwanted clothing, shoes or other items. "To drive that online demand, free shipping and free returns were put in place, but now we all know it costs significant money," he said. Both companies aim to make sure membership isn't shared with people who aren't paying, particularly as the companies chase new avenues of growth.

Persons: Eva Marie Uzcategui, Dunkin, Cowen, David Garfield, Yuping Liu, Stephanie Keith, Marshal Cohen, Circana, Nordstrom, Christopher Dilts, Kohl's, Macy's, they're, Amit Sharma, Heidi Isern, Levi Strauss, Ann Taylor, Crocs, Brooks, reining Organizations: Brickell City Centre, Bloomberg, Getty, Retailers, Ross, uptick, American Airlines, Delta Air Lines, United Airlines, Old Dominion, Strome School of Business, LaGuardia, American Express, American, IRI, NPD, Urban Outfitters, Abercrombie, Fitch, Nordstrom, Amazon, Foods, Netflix, Costco Locations: Brickell, Miami , Florida, Queens, New York, Delta, Schaumburg , Illinois

☆ Google users can now ask to have their explicit photos removed from search results
▼ + stars: | 2023-08-03 | by ( Khadijah Khogeer | ) www.cnbc.com time to read: +3 min

Google on Thursday rolled out a new policy that allows people to request that their personal, sexually explicit photos be removed from its search results. Google also announced it will begin automatically blurring explicit images that appear in search results for all users globally, an update the company first mentioned in February for Safer Internet Day. The SafeSearch blurring feature is meant to help "protect families from inadvertently encountering explicit imagery on Search," Google said in a press release. Google has been expanding the types of information users can ask to be removed from search results over the past few years. The company only removes information from its search results and not from the source.

Persons: Danny Sullivan, Sullivan Organizations: Google, Shoreline, Safer Locations: Mountain View , California, U.S

☆ 'It's a little frightening': Worldcoin surged 111% on its opening day. 2 experts explain why they would never scan their eyes in exchange for the crypto, and why they think the hype will fade.
▼ + stars: | 2023-08-01 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

On opening day, the WLD token surged from $1.70 to $3.58, up by about 110.6%, according to CoinMarketCap data compiled by Bloomberg. Isaac Patka, a former electrical engineer in the semiconductor industry turned crypto developer in 2017, believes the hype will soon fade. People could be exploited by signing up to get their irises scanned and then sell their accounts for a little bit of money in exchange for giving up their identity, Patka added. Now, what I mean by that is, if you're using a blockchain, it gets written to the blockchain," Arone said. You also run the risk of changes to the system, Arone added.

Persons: Isaac Patka, Geoffrey Arone, Sam Altman, aren't, it's, Patka, Worldcoin, Shield3, Arone, there's Organizations: Bloomberg, Arrington Capital, Experian, Clear

☆ Ad verification company DoubleVerify to acquire AI firm Scibids in $125 million deal
▼ + stars: | 2023-07-31 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

Ad verification company DoubleVerify plans to acquire adtech firm Scibids for around $125 million. It intends to use Scibids' AI expertise to help advertisers better target and optimize ad campaigns. DoubleVerify, the publicly-listed ad verification company, has entered into an agreement to acquire AI-powered adtech firm Scibids in a cash and stock deal valued at $125 million. The product matches DoubleVerify's media quality and ad performance data with Scibids' AI algorithms to let advertisers improve the performance of their campaigns. Around $66 million of the Scibids purchase price will be paid in cash with the remainder in DoubleVerify common stock.

Persons: DoubleVerify, Mark Zagorski, Zagorski, Scibids, Brian Andersen, Dick Filippini, Mark Greenbaum Organizations: Diageo, Dell, Fortune, Microsoft, Allianz, Spotify, LUMA Partners Locations: Paris, France, DoubleVerify, adtech

☆ 8 people charged with stealing 19 rental cars worth $1.1 million in an identity fraud scheme
▼ + stars: | 2023-07-29 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Eight people were indicted on charges that they defrauded a car rental firm by stealing 19 vehicles. Eight people have been indicted in St. Louis on charges that allege they stole at least 19 rental cars worth more than $1 million as part of an identity fraud scheme. According to the indictment, the suspects would reserve rental cars from the company using stolen credit card information and false identities. It added that the value of the stolen cars was just over $1.1 million. "This is just the tip of the iceberg when it comes to how criminals use people's stolen identities," said Jay Greenberg of the FBI St. Louis Division.

Persons: Louis, Tyrell Oliver, Jay Greenberg Organizations: Justice, Morning, Department of Justice, Court, BMW X7, GMC Yukon, Chevrolet, FBI, Louis, DoJ Locations: St, Clayton , Missouri, Midwest

☆ Behold, the Orb: I can't stop thinking about Sam Altman's dystopian eyeball-scanning device
▼ + stars: | 2023-07-25 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

The orbs, shiny sculptural spheres that scan the eyeballs of new members, seem to have become the company's dystopian symbol. But Worldcoin's Orbs look more like inscrutable machines than something mythological. Worldcoin has said it has emphasized privacy in designing a system based on extracting eyeball scans. And the eyeball scans get erased, according to Worldcoin. Worldcoin has said that "World IDs" don't contain any eyeball scans or iris data.

Persons: Sam Altman's, Worldcoin, Sam Altman trumpeted, Alex Blania, Donald Trump, Tim Sweeney, It's Organizations: Twitter, Epic, pitchfork, MIT Technology Locations: Lisbon, Singapore, Sands, Miami, Tokyo

The project launched on Monday, with eyeball scans taking place in countries including Britain, Japan and India. Applicants lined up to have their irises scanned by the device, before waiting for the 25 free Worldcoin tokens the company says verified users can claim. Worldcoin's data-collection is a "potential privacy nightmare," said the Electronic Privacy Information Center, a U.S. privacy campaigner. Worldcoin tokens were trading around $2.30 on the world's largest exchange, Binance, on Tuesday. For many users, the promise of financial gains from the crypto coins was enough to make them hand over personal data.

Persons: Sam Altman, Saeki Sasaki, Worldcoin, Ali, Madeleine Stone, Sujith, Elizabeth Howcroft, Medha, Mark Potter Organizations: Reuters, Privacy, Big Brother Watch, Thomson Locations: TOKYO, BENGALURU, Britain, Japan, India, Tokyo, U.S, London, Bengaluru, Medha Singh, Anton

☆ Worldcoin: OpenAI's Sam Altman launches crypto project
▼ + stars: | 2023-07-24 | by ( ) edition.cnn.com time to read: +2 min

Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. Blockchains can store the World IDs in a way that preserves privacy and can’t be controlled or shut down by any single entity, co-founder Alex Blania told Reuters. The project says World IDs will be necessary in the age of generative AI chatbots like ChatGPT, which produce remarkably humanlike language. Altman told Reuters Worldcoin also can help address how the economy will be reshaped by generative AI. Since only real people can have World IDs, it could be used to reduce fraud when deploying UBI.

Persons: Sam Altman, Alex Blania, Altman, Reuters Worldcoin, ”, ” Altman, UBI Organizations: Humanity, Reuters Locations: San Francisco, Berlin

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