Category «Financial System»

‘Seriously Underwater’ Home Mortgages Tick Up Across the US

Bloomberg via Yahoo Finance: “Roughly one in 37 homes are now considered seriously underwater in the US, and that share is much higher across a swath of southern states. Nationally, 2.7% of homes carried loan balances at least 25% more than their market value in the first few months of the year. That’s up from …

Subjects: Climate Change, Economy, Environmental Law, Financial System, Housing

Inside libraries’ battle for better e-book access

Axios: “Librarians are mounting a fierce state-by-state battle against the high prices they pay to provide patrons with e-books — so far, with little to show for it. Why it matters: The ongoing dispute threatens library patrons’ access to e-books. Where it stands: Publishers typically require libraries to renew the license to each e-book every …

Subjects: Education, Financial System, Libraries

Investigative report – FDIC Had A Culture Of Harassment And Discrimination

The Hill: “An investigation by a law firm confirmed that the Federal Deposit Insurance Corp. failed to provide a workplace safe from sexual harassment, discrimination, fear of retaliation, and called for a “necessary” cultural and structural change at the federal banking regulator. The review, Report for the Special Review Committee of the Board of Directors …

Subjects: Civil Liberties, Financial System, Government Documents, Legal Research

2023 Imperva Bad Bot Report

“The 11th annual edition of the Imperva Bad Bot Report examines and investigates the nature of automated internet traffic, mainly automated bot attacks. Such attacks are getting more sophisticated by the day, bypassing traditional detection methods and causing chaos on the internet. The report analyzes data collected from the Imperva global network in 2023, including …

Subjects: AI, Cybercrime, Cybersecurity, Economy, Financial System, Internet, Legal Research, Social Media

Would You Still Use Google if It Didn’t Pay Apple $20 Billion to Get on Your iPhone?

Wired [unpaywalled]- “A US judge who will decide Google’s fate in a historic antitrust trial suggested it was “odd” for the company to say it has the best search engine but also pay Apple billions to lock out rivals…Central to the government’s case against Google is the over $20 billion it says that Google pays …

Subjects: Courts, Financial System, Internet, Legal Research, Search Engines

Brokewell: do not go broke from new banking malware

Threat Fabric: “Constant monitoring of the threat landscape allows us to spot new threats and actors early and take immediate action—evaluating the threat and preparing for it. Our Threat Intelligence shows that device takeover capabilities remain crucial for any modern banking malware family, and new players entering the landscape are no exception. In most cases, …

Subjects: Cybercrime, Cybersecurity, Economy, Financial System

LLRX April 2024 Issue

LLRX April 2024 Articles and Columns: Violence Against Women and International Law, April 2024 Update – Sabrina I. Pacifici Move Over Law Professors? AI Likes to Write Law Review Articles Too! – Sarah Gotschall AI in Banking and Finance, April 30, 2024 – This semi-monthly column by Sabrina I. Pacifici highlights news, government documents, NGO/IGO …

Subjects: AI, Civil Liberties, Climate Change, Copyright, Cybercrime, Cybersecurity, Education, Financial System, Intellectual Property, Legal Research, Social Media

Ai and Moderna

Noting this press release as it shines light into the foothold AI is gaining in major sectors, in this case, pharmaceuticals: “For over a decade, Moderna has been at the intersection of science, technology and health. Since our beginnings, we’ve leveraged the power of machine learning to support our mission to develop transformative mRNA medicines. …

Subjects: AI, Economy, Financial System, Health Care, Legal Research

Chatbot answers are all made up

MIT Technology Review: “This new tool helps you figure out which ones to trust. In many high-stakes situations, large language models are not worth the risk. Knowing which outputs to throw out might fix that. Large language models are famous for their ability to make things up—in fact, it’s what they’re best at. But their …

Subjects: AI, Economy, Financial System, Internet, Knowledge Management, Search Engines

There’s More to Copyright Than Financial Incentives

ToreentFreak: “The Internet Archive is doubling down on its position that its digital lending library service operates under the bounds of fair use. Major publishers assert that digitizing books without appropriate licensing amounts to infringement but IA counters that the practice is in the public interest. It also fits copyright’s ultimate purpose; to promote the …

Subjects: Copyright, Financial System, Internet, Knowledge Management, Legal Research, Libraries, Search Engines

The Man Who Killed Google Search

Where’s Your Ed Act via Metafilter – “Edward Zitron has been reading all of google’s internal emails that have been released as evidence in the DOJ’s antitrust case against google.  Zitron concludes that Google Search died on February 5th, 2019. It was on that date at Google’s HQ evil lair an emergency meeting, aka a …

Subjects: Courts, E-Commerce, E-Mail, E-Records, Economy, Financial System, Government Documents, Internet, Knowledge Management, Legal Research, Search Engines

Global Public Procurement Dataset

Data is Plural: “The Global Public Procurement Dataset provides standardized data on 72 million government contracts in 42 countries. The dataset, constructed from official sources by the Budapest-based Government Transparency Institute, represents $17 trillion in total procurement. It begins in the 2000s for most of the countries and concludes in 2021. For each contract, it …

Subjects: Economy, Financial System, Government Documents