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Vermont makes waves on data privacy
The Hill's weekly technology news digest. {beacon} Friday, May 17, 2024 Welcome to Tech Friday, a new joint project of The Hill and Pluribus News covering tech policy across government. Sign up to receive The Hill's newsletters here. Rather ...The Hill - Politics -
New York crypto personality used 'Seinfeld' joke in fraud, feds reveal
A New York man pleaded guilty to swindling people out of more that $1 million in a scheme that referenced the "Seinfeld" character George Costanza.CNBC - Business - New York -
UK City minister hits out at watchdog’s fraud refund plan
Bim Afolami says PSR’s proposal has ‘significant problems’ in latest sign of tension between Treasury and regulatorsFinancial Times - Business - United Kingdom -
Even a Fraud Conviction Won't Keep Nikola's Founder Away From the Company
Nikola, the embattled hydrogen-truck maker, wants to put convicted founder Trevor Milton in the rearview mirror. Milton has had other plans.The Wall Street Journal - World -
Genesis to pay $2 billion to victims of alleged cryptocurrency fraud
New York prosecutors allege that bankrupt crypto lender Genesis hid more than $1 billion in losses.CBS News - Top stories -
Elvis Presley’s Granddaughter, Riley Keough, Sues to Block Graceland Sale
His granddaughter, the actress Riley Keough, claims that a company is fraudulently planning to auction off Elvis’s home in Memphis.The New York Times - Top stories -
Adani suspected of fraud by selling low-grade coal as high-value fuel
Indian conglomerate rejects accusations of inflating prices in transactions with state utilityFinancial Times - Business -
'The Afterlife of Data' Review: The Dilemma of Digital Ghosts
Social media companies expected to eventually delete the inactive accounts of users who died. The idea met considerable resistance.The Wall Street Journal - World -
New spending fight emerges
Business & Economy The Big Story McConnell and Democrats on collision course over spending Senate Republicans are on a collision course with Democrats over government funding, as the latter insists nondefense spending programs receive equal ...The Hill - Politics -
Ruben Gallego and the Fight for Arizona
The Grand Canyon State is up for grabs — and so is its political future.The New York Times - Top stories -
3 North Koreans infiltrated US companies in 'staggering' alleged telework fraud: DOJ
The DOJ has unsealed an indictment charging three North Korean workers and a United States citizen with allegedly engaging in "staggering fraud" through a complex scheme.ABC News - Top stories -
3 North Koreans, 1 American accused by DOJ of 'staggering fraud' involving Fortune 500 companies
A trio of North Koreans and an American are accused of a “staggering” fraud scheme in a Justice Department indictment unsealed Thursday that accused them of operating a complex operation securing work with multiple major American corporations and ...The Hill - Politics -
Former Facebook and Nike diversity manager gets 5 years in prison for $5 million fraud
Barbara Furlow-Smiles, a Georgia resident who was a diversity manager for Facebook and Nike, was ordered to pay restitution for her theft scheme.CNBC - Business -
Republicans vow a robust 'ballot harvesting' operation after years of protest and fraud claims
After years of railing against the practice of collecting and delivering other voters’ ballots, Republicans are vowing to mount their own “ballot harvesting” operation ahead of the 2024 presidential election.NBC News - Top stories - Republican Party -
Disappearing ink, fake polls and voter fraud: EU fears as Russian propaganda ads target Euro elections
Researcher uncovers vast Facebook campaign and accuses Meta of ‘lack of willingness’ to counter it. The stories are doom-laden, laced with vitriolic sneers about Emmanuel Macron, Volodymyr Zelenskiy and Ursula von der Leyen. Ukrainians are “ready ...The Guardian - World - European Union -
Trump's VP Contenders Echo His Claims on Election Fraud, Debate Drug Tests
Republicans angling to serve on the former president’s 2024 ticket are repeating many of his controversial or unsupported assertions.The Wall Street Journal - World - Donald Trump -
Some data in the market-moving CPI report was released early by the Labor Department
Information about Wednesday's critical consumer price index release circulated early on the Bureau of Labor Statistics website.CNBC - Business -
The end of centralized data? Samsung teams with Expanso on distributed processing
Enables teams to analyze data in situ, reducing the operational overhead of replicating data centers or managing data movement between cloudsVentureBeat - Tech -
Snowflake invests in Metaplane to solve data quality issues plaguing AI development
The investment in Metaplane will enable Snowflake customers to closely monitor the quality of their data assets moving through different stages of the pipeline to power downstream applications.VentureBeat - Tech -
Weka scores $140M to supercharge AI workloads with ‘dynamic data pipelines’
With this funding, Weka will augment its cash reserves from previous rounds and work towards scaling the business to meet the demand for AI infrastructure in the wake of the generative AI boom.VentureBeat - Tech -
Reddit to Give OpenAI Access to Its Data in Licensing Deal
The deal will give the artificial-intelligence startup access to Reddit’s data.The Wall Street Journal - Tech -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Musk Pushes Plan for China Data to Power Tesla's AI Ambitions
A data center in Chinato teach AI models for self-driving technology using data that could be processed in the countrycould be a big shift for Tesla, or merely a backup plan.Inc. - Business - China -
Reddit-OpenAI deal highlights demand for social-media platform’s data
Reddit already has a longstanding partnership with Google, and more deals may be in the pipeline, says Deutsche Bank.MarketWatch - Business -
UK grocery inflation falls to ‘more normal levels’, sector data shows
Kantar figures indicate prices rose 2.4% in the four weeks to mid-May, down from 3.2% the previous monthFinancial Times - Business - United Kingdom -
EU data shows rise in employed young people living with parents
Proportion in Ireland rose from 27% in 2017 to 40% in 2022, as pandemic and cost of living crisis hit EU countries. ‘I’m screwed’: young adults forced to live with parentsThe proportion of employed young people living with their parents in the EU ...The Guardian - World - European Union -
AI data labelling start-up Scale valuation doubles to $14bn
Alexandr Wang’s company brings in $1bn in latest fundraising round as investors bet that data is the new oilFinancial Times - Business - Artificial Intelligence -
What the fund flow data tell us about the stock and bond markets
Many investors are surprised to learn that there is an inverse relationship between fund flows and performance.MarketWatch - Business -
Cramer looks at why enterprise and data tech companies are winning: 'Follow the money'
CNBC's Jim Cramer on Tuesday described how consumer-focused companies are suffering as money primarily flows into data-heavy outfits in tech.CNBC - Business -
Elvis's granddaughter fights Graceland auction
Actress Riley Keough claims a company trying to sell the estate forged her mother's signature.BBC News - Top stories -
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Zelensky Signs Law Allowing Convicts to Fight for Ukraine
The tactic echoes one that Russia has used and Ukraine has ridiculed in the past.The New York Times - World - Ukraine -
Johnson condemns lawmaker fighting at hearing: ‘Not a good look’
Speaker Mike Johnson (R-La.) condemned the tone of a raucous Thursday night House Oversight and Accountability Committee hearing saying members need to show decorum. “It's not a good look for Congress,” Johnson told reporters as they asked about a ...The Hill - Politics -
Fury shoves Usyk at weigh-in for super-fight
Tyson Fury was over 30lb heavier than Oleksandr Usyk in the weigh-in before their undisputed heavyweight fight on Saturday.BBC News - Top stories -
Fury in better shape at weigh-in for Usyk fight
Tyson Fury dropped some weight and appeared to be in good shape at the weigh-in for his heavyweight fight with Oleksandr Usyk.ESPN - Sports -
Usyk v Fury - title fight predictions
As Tyson Fury bids to become undisputed heavyweight champion against Oleksandr Usyk, BBC Sport asks the world of boxing for their predictions.BBC News - Top stories -
Attacked Navalny ally will 'never give up' fight
Leonid Volkov says his fight against Vladimir Putin will never end, speaking after a hammer attack outside his home.BBC News - Top stories -