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FTC sues mobile banking app operator Beam Financial for misleading customers
The Federal Trade Commission (FTC) filed a civil complaint against Beam Financial and its CEO Yinan Du for allegedly engaging in deceptive or unfair business practices. Beam Financial is the…
By Marivic Cabural SummersLatest news
Kaiser Foundation Health Plan to pay $6.3M to settle allegations it submitted false claims to Medicare
Kaiser Foundation Health Plan of Washington agreed to pay $6,375,000 to settle allegations that it violated the False…
By Marivic Cabural SummersCapcom hit with ransomware attack, 350K customers affected; Hackers demand $11M
Capcom, a Japanese gaming giant that created some of the hottest games on the market was hit with a…
By Jackie AllenJoe Ashton, Ex-GM board member and UAW leader sentenced to prison
Joe Ashton, a former board member of General Motors Company (NYSE: GM) and retired leader of the United…
By Marivic Cabural SummersOpinion: There’s a Serious Problem with Georgia’s Counting of Ballots, Votes
Two weeks have come and gone since Election Day 2020. Since this point, the nation has learned about…
By Gabrielle SeunagalMIT security experts warn against blockchain-based voting systems
A group of researchers from the Massachusetts Institute of Technology (MIT) raised concerns over the use of internet-based…
By Dee DulfoAmazon sellers to pay penalties in New York for price gouging hand sanitizers amid COVID-19 pandemic
The New York Attorney General’s Office stopped three Amazon sellers from price gouging hand sanitizers amid the COVID-19…
By Marivic Cabural SummersCoinbase website crashes again as bitcoin nears $17,000, a three-year high
The Coinbase website crashed when the bitcoin price was nearing a three-year high to almost $17,000 each. Users…
By Jackie AllenSEC orders these advisory firms, broker-dealers to return over $3 million to harmed investors
The Securities and Exchange Commission (SEC) ordered three investment advisory firms and two broker-dealers (also registered as advisory…
By Marivic Cabural SummersApple faces privacy lawsuits over iPhone tracking tool
A privacy group has lodged complaints against Apple (NASDAQ: AAPL) over a tool in iOS 14 that allegedly tracks…
By Dee DulfoPayza founders sentenced to prison for breaking federal money transmission laws
MH Pillars (doing business as Payza) founders, Canadian brothers Firoz and Ferhan Patel are going to spend time in…
By Jackie Allen
