Benefits are adjusted annually for inflation, and they are not affected by the ups and downs of financial markets. Perhaps most important, benefits are guaranteed for life, which makes Social Security an important form of insurance against the risk that you’ll run out of money late in life. That can be especially important for women, […]

Great American Insurance and Assurely Offer D&O to Startup Firms The Executive Liability division of Great American Insurance Group and the insurtech, Assurely, announced an agreement to offer directors and officers liability (D&O) insurance to private companies raising capital via technology platforms or portals and the internet. The target market for the new TigerMark insurance […]

by Joe Panettieri • Jan 23, 2022 Tech Mahindra has acquired CTC (Com Tec Co IT), an IT solutions and service provider for customers within the insurance and financial services verticals. The buyout price was US$352 million. A valuation based on EBITDA multiple was not disclosed. This is technology M&A deal number 100 that ChannelE2E […]

Meta Platforms Inc. wants to monitor people’s facial expressions, eye movements, and body poses as well as create “virtual stores” that sell ad-sponsored digital goods in an effort to monetize the metaverse, dozens of recently filed patents suggest. The company that began as Facebook and which has recently rebranded itself as Meta filed hundreds of […]

The ByteDance logo is seen in this illustration taken, Nov. 27, 2019. REUTERS/Dado Ruvic/Illustration BEIJING, Jan 19 (Reuters) – ByteDance, the owner of short video app TikTok, announced on Wednesday that it was overhauling its strategic investment team after its business analysis earlier this month highlighted investments with “low synergies”. ByteDance will disband its group-level […]

“Here’s my message for Mark Zuckerberg: Your time of invading our privacy, promoting toxic content, and preying on children and teens is over. Congress will be taking action.” Congress is currently considering around a dozen proposed bills targeting Big Tech, some of which could force Meta to change how it handles algorithmic recommendations and collecting […]

“You make enemies when you’re taking on the biggest company.” she said.” But with rare bipartisan support, she is pushing new rules and regulations that she says would force Facebook to change its algorithms.  The company, which now goes by the name Meta, is accused of designing those complex formulas to amplify content that’s hateful, […]

A 3D printed Facebook’s new rebrand logo Meta and Facebook logo are placed on laptop keyboard in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Jan 13 (Reuters) – Facebook owner Meta Platforms said on Thursday it would “assess the feasibility” of commissioning an independent human rights assessment into its work in Ethiopia, […]

Telecom firms in ‘crisis management mode’, says minister Economic crash has hammered currency, crippled power grid Diesel generators now needed to keep mobiles running Political deadlock means state-run firms can’t hike prices BEIRUT, Jan 12 (Reuters) – Lebanon’s telecom duopoly, once cash cows for the state, used to allocate most of their spending on wages, […]

By Paul R. La Monica, CNN Business For some time, many investing experts have been predicting there will be a shift away from big tech towards value stocks. It might finally be happening — although tech stocks may not go down without a fight. The broader market fell Monday: The Dow dropped by about 163 […]

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