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“Today, the U.S. Department of the Treasury and Internal Revenue Service (IRS) announced that Direct File will be a permanent, free tax filing option and invited all 50 states and the District of Columbia to join in Filing Season 2025. This announcement follows a successful Pilot Program that saw 140,000 taxpayers claim more than $90 …
404 Media: “The Justice Department’s antitrust lawsuit against Live Nation/Ticketmaster isn’t really about high ticket prices, or ticket scalpers, or any individual offense. It is about a systematic vertical integration of the entire live music business, which has led to the company’s dominance over tickets, yes, but also over live music venues, artists’ tour booking, …
FTC: “New data from the Federal Trade Commission shows that Best Buy/Geek Squad, Amazon, and PayPal are the companies people report scammers impersonate most often. A newly released data spotlight shows that consumers in 2023 submitted about 52,000 reports about scammers impersonating Best Buy or its Geek Squad tech support brand, followed by about 34,000 …
Via LLRX – The Federal Reserve Banks’ New Transparency and Accountability Policy – Michael Ravnitzky is an attorney and former journalist who has more than 25 years of experience in using the Freedom of Information Act and state public records laws. On December 21, 2023, the Federal Reserve Banks each announced the adoption of a uniform …
ProPublica: How 3M Executives Convinced a Scientist the Forever Chemicals She Found in Human Blood Were Safe – “Kris Hansen had worked as a chemist at the 3M Corporation for about a year when her boss, an affable senior scientist named Jim Johnson, gave her a strange assignment. 3M had invented Scotch Tape and Post-it …
New AI report: OECD (2024), OECD Artificial Intelligence Papers, No. 16, OECD Publishing, Paris, https://doi.org/10.1787/d1a8d965-en.”Defining AI incidents and related terms,” it’s a must-read for everyone in AI. Important information: An AI incident is defined as: “an event, circumstance or series of events where the development, use or malfunction of one or more AI systems directly …
Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, May 18, 2024 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on …
Via LLRX – AI in Finance and Banking, May 15, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO papers, industry white papers, academic papers and speeches on the subject of AI’s fast paced impact on the banking and finance sectors. The chronological links provided are to the primary sources, …
FT.com – unpaywalled: “Phone theft is rising at a rapid pace. And far more lucrative than the value of the handset, organised criminal gangs know that our smartphones have become the gateway to a vast amount of our personal financial information. They will go to incredible lengths to steal phones unlocked, deploying tactics including “shoulder …
IMF: “Cyberattacks have more than doubled since the pandemic. While companies have historically suffered relatively modest direct losses from cyberattacks, some have experienced a much heavier toll. US credit reporting agency Equifax, for example, paid more than $1 billion in penalties after a major data breach in 2017 that affected about 150 million consumers. As …
Via LLRX – Pete Recommends – Weekly highlights on cyber security issues, May 11, 2024 – Privacy and cybersecurity issues impact every aspect of our lives – home, work, travel, education, finance, health and medical records – to name but a few. On a weekly basis Pete Weiss highlights articles and information that focus on …
FT.com [unpaywalled]: “As chief scientist of one of the first companies to use AI in hiring, I built the system that passed you over for that job. The massive employers that were our customers didn’t need to wait for your job application; we in effect applied for you, whether you knew it or not. But …
