Revised Lawsuit Claims TaskUs Hid Details of Coinbase Data Breach
Simply put The updated complaint claims that Taskus’ operations in India were central to a planned bribery scheme aimed at stealing customer data. Plaintiffs allege that the company hid these violations, dismissed investigators, and failed to disclose important information regarding the $1.6 billion acquisition by Blackstone. According to reports, Coinbase has issued refunds to affected […]
Plaid and JPMorgan Establish Agreement for Customer Data Sharing
JPMorgan Chase and Plaid have come to an agreement following discussions about FinTech’s access to customer information. On September 15th, both companies announced a renewal of their data access agreement. This new arrangement includes a pricing structure aimed at providing consumers with “safe, secure, quick, and consistent” access to their data in the future. “We […]
Australian Dollar maintains strength after disappointing economic data from China.
The Australian Dollar is bolstered by a potential halt in RBA rate cuts. Retail sales in China were projected to grow by 3.4% year-on-year in August, following increases of 3.8% and 3.7% in July. The US labor market hints at an impending decision by the Federal Reserve to implement annual cuts on Thursday. The Australian […]
One extension was found collecting browsing activity data.
Browser extensions often claim to enhance user experience, but some can be more harmful than helpful. A report from KOI Security reveals that Freevpn.One, a Chrome extension boasting over 100,000 users, has been secretly taking screenshots of users’ browsing activities. Suspicious Activity of Freevpn.One After installation, Freevpn.One didn’t just manage VPN traffic; it was quietly […]
Anonymous firm’s Wisconsin data center faces criticism
Artificial Intelligence Updates In this edition: A proposed $1.6 billion data center in Wisconsin is facing scrutiny from local residents. OpenAI’s nonprofit parent organization successfully secured $100 million in stock while keeping control of the AI powerhouse. The Trump administration is highlighting the urgency for American leadership in the AI sector. Community Concerns: Residents in […]
EUR/USD rises further due to weak US data and a firm stance from the ECB.
The euro is likely to gain as initial unemployment claims in the U.S. are sluggish and a gradual rise in inflation may set the stage for rate reductions by the Federal Reserve. First-time claims for unemployment benefits in the U.S. rose at the quickest rate in four years. The European Central Bank (ECB) has kept […]
What are the UK data release dates and how might they influence GBP/USD?
UK Economic Update UK GDP showed no growth in July, matching the forecast. GBP/USD remains stable around 1.3550 after the economic report. The UK economy remained flat in July, with GDP recorded at 0%, following a 0.4% increase in June. Analysts had anticipated no growth during this period. Additionally, the service index for July showed […]
Audit by Labor Department inspector general addresses issues with BLS data
The Big Money Show panel discusses a significant downward adjustment in US employment figures. This Wednesday, the Labor Bureau’s internal watchdog, the Labor Statistics Bureau (BLS), is facing scrutiny regarding its data collection methods for inflation and labor reports. The Inspector General’s office has notified BLS Chairman William Wiertrowsky that they are “initiating a review […]
Oversight agency looking into BLS data gathering practices
Review of BLS Economic Data Compilation Underway The Labor Bureau’s internal watchdog is starting to evaluate how the Labor Statistics Bureau (BLS) compiles its economic data. A letter from Labor Bureau aide Laura Nicolosi, sent on Wednesday, indicated that the review will focus on the monthly consumer price index (CPI), producer price index (PPI), and […]
Bitcoin targets $115K based on CPI data as traders split on another BTC price drop
Bitcoin Nears a Three-Week High Amid CPI Data Releases Key Points: Bitcoin is nearing a three-week peak as US CPI data aligns with projections. Market participants note that Bitcoin appears high as more investors lock in positions for the long term. The Consumer Price Index (CPI) has influenced Bitcoin prices over recent months. On Thursday, […]