Uber apparently squandered an estimated $100 million on third-party digital advertising campaigns. Input Mag reports: Former Sleeping Giants alum and co-founder of Check My Ads, Nandini Jammi, caught most of us up on the whole situation yesterday in a lengthy Twitter thread detailing just how Uber, the poster child of startup capitalism’s unethical robber baron mentality, managed to recently waste a…
Tag: insurance
Bitcoin Surges 25% In One Week. Warren Buffett Still Won’t Buy It
Last Sunday we reported Bitcoin’s price had surged 50% in the previous month. In the week since it’s surged another 24.8%. As Bitcoin celebrates its 12th anniversary, a Forbes columnist writes that Bitcoin “soared to $34,000 yesterday — but here’s why Warren Buffett will never own Bitcoin.” Buffett has called Bitcoin, among other names, “rat poison squared” and has said he…
Plastic Pipes Are Polluting Drinking Water Systems After Wildfires
An anonymous reader quotes a report from The Conversation: When wildfires swept through the hills near Santa Cruz, California, in 2020, they released toxic chemicals into the water supplies of at least two communities. One sample found benzene, a carcinogen, at 40 times the state’s drinking water standard. Our testing has now confirmed a source of these chemicals, and it’s clear…
John le Carre, Author of Spy Novels, Dies at Age 89
“This terrible year has claimed a literary giant and a humanitarian spirit,” tweeted novelist Stephen King, adding later that “The Little Drummer Girl was one of the best novels I’ve ever read.” Margaret Atwood tweeted “His Smiley novels are key to understanding the mid-20th century.” And the Associated Press tells the story of how spy-novel writer John le Carré was “drawn…
Will Tesla Update Bring Remote Access To Car Cameras?
“Tesla’s Sentry Mode is about to bring things to a whole new level by enabling Tesla owners to remotely see what their cars can see through Autopilot cameras,” claims Electrek — citing a Twitter user named green “who has been revealing new Tesla features found in software updates.” “It’s not certain when the live camera update would arrive, provided it’s not…
GM To Leverage Customer Data In New Insurance Business
General Motors has launched a new insurance service that will leverage the data captured through its OnStar connected car service, ultimately helping drivers cash in on lower insurance rates based on safe driving habits. From a report: OnStar Insurance Services has been created to achieve a better understanding of the vehicles GM produces, in order to offer a personalized digital insurance…
Data Breach Exposes 27 Million Texas Driver’s License Records
“A software company that provides services for insurance groups disclosed this week that about 27.7 million Texas driver’s license records were exposed in a data breach earlier this year,” reports The Hill: The company, Vertafore, said in a statement posted on a website set up to address the breach that the data was exposed between March and August and affected licenses…
Maze, a Notorious Ransomware Group, Says It’s Shutting Down
One of the most active and notorious data-stealing ransomware groups, Maze, says it is “officially closed.” From a report: The announcement came as a waffling statement, riddled with spelling mistakes, and published on its website on the dark web, which for the past year has published vast troves of stolen internal documents and files from the companies it targeted, including Cognizant,…
Amazon Now Has More Than 1 Million Employees
An anonymous reader quotes a report from CBS News: Amazon.com said it now has about 1 million employees after hiring 250,000 workers in the third quarter, part of a growth spurt driven by booming ecommerce sales during the coronavirus pandemic and a milestone for a company founded in 1995 by Jeff Bezos as an online bookseller. Despite its rapid ascent, Amazon…
Drivers Sue Uber Over Pressure To Support Prop 22
Uber drivers say the company unlawfully pressured them to support a ballot initiative that would make gig workers independent contractors, according to a lawsuit filed Thursday in San Francisco Superior Court by a proposed class of California drivers. Bloomberg Law reports: The suit alleges Uber used a coercive campaign of misinformation to exert pressure on drivers to advocate and vote for…