In May 2023, Air India launched safety management software called Coruson, as well as BAM (Boeing Alertness Model), a fatigue-mitigation tool integrated into its rostering system, which is used by airlines to create and manage pilot schedules. Coruson, developed by cloud software company Ideagen, centralizes, analyzes, and reports on safety-related data—such as incidents, hazards, and … Read more
A group of sex industry professionals and advocates issued an open letter to EU regulators on Thursday, claiming that their views are being overlooked in vital discussions on policing AI technology despite also being implicated in AI’s momentous rise. In response to European internet regulations, a collective of adult industry members—including sex workers, erotic filmmakers, … Read more
British software mogul Mike Lynch, 59, has died after a superyacht he was onboard sank off the coast of Sicily, where he was celebrating being acquitted of fraud by a jury in the US weeks earlier. Lynch, his teenage daughter Hannah, and four other passengers—including Morgan Stanley international chair Jonathan Bloomer (formerly of Lynch’s company … Read more
“Ensuring that a stablecoin retains its peg even under stressed market conditions is a solvable problem,” Catalini says. In an optimal scenario, he says, reserves would be made up of exclusively “high-quality, liquid assets,” like short-term US government bonds, and providers would maintain an “adequate capital buffer.” In the two years since Celsius filed for … Read more
In March 2019, TikTok agreed to a US federal court order barring the social media giant from collecting personal information from its youngest users without their parents’ consent. According to a new lawsuit filed by US authorities, TikTok immediately breached that order and now faces penalties of $51,744 per violation per day. TikTok “knowingly allowed … Read more
Amazon failed to adequately alert more than 300,000 customers to serious risks—including death and electrocution—that US Consumer Product Safety Commission (CPSC) testing found with more than 400,000 products that third parties sold on its platform. The CPSC unanimously voted to hold Amazon legally responsible for third-party sellers’ defective products. Now, Amazon must make a CPSC-approved … Read more
The death of the US government’s Affordable Connectivity Program (ACP) is starting to result in disconnection of internet service for Americans with low incomes. On Friday, Charter Communications reported a net loss of 154,000 internet subscribers that it said was mostly driven by customers canceling after losing the federal discount. About 100,000 of those subscribers … Read more
The California Supreme Court on Thursday ruled unanimously that drivers for app-based companies including Uber, Lyft, and DoorDash will remain independent contractors, as opposed to employees. The decision, upholding a state ballot measure called Proposition 22, was considered a major victory for the gig-economy companies. The question of whether those who drive for the companies … Read more
Yardi Systems, another US property management company, is also facing a class action suit regarding antitrust violations for artificially inflating rent prices. The company has said it did “nothing illegal,” as it does not mandate rent prices through its software or make “collusive pricing decisions.” Typical rental costs in Phoenix have increased by more than … Read more
In Oak Valley, a sleepy village in rural Navarro County, Texas, there is very little of anything. A potholed road runs through its two square miles of sun-beaten grassland, past a modest prefab community center and a “poor excuse for a park,” as the local mayor describes it. Only around 400 people live in Oak … Read more
