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Apple Maps may soon get ads, letting businesses pay to boost visibility
Apple is reportedly considering introducing advertisements into its Maps app in a move to boost its growing Services revenue, according to an Apple insider. As per Bloomberg’s Power On newsletter, Apple is mulling ways in which it might monetize the navigation app, after an all-hands meeting was called to “explore” the matter. This is not the first time that ads…
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Buy Now Pay Later (BNPL) Explained: Benefits, Risks, & How It Works
Key takeaways: BNPL is an alternative payment method that offers customers installment options at checkout for their purchases. Many BNPL platforms can integrate with most e-commerce websites. Businesses with a BNPL payment option see an increase in sales but the cost of transaction and returns can significantly cut into your bottom line. Buy now, pay later (BNPL) is one of…
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How to file and pay your 2024 taxes online
The holidays are over, a new year is here, and along with all the various upheavals that we are facing (including some possible changes in tax law), most of us have to deal with our annual income taxes. Sorry about that. Tax day this year falls, for most of us, on the traditional April 15th. There are exceptions: for example,…
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KuCoin to pay nearly $300 million in penalties after guilty plea
KuCoin’s operator, PEKEN Global Limited, pleaded guilty to operating an unlicensed money-transmitting business and agreed to pay $297 million in penalties to settle charges in the U.S. The cryptocurrency exchange was charged in March 2024 for its failure to implement the required anti-money laundering (AML) requirements, allowing cybercriminals to use the platform to launder their proceeds. According to the U.S.…
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MGM will pay $45 million to settle data breach lawsuit
MGM Resorts International has agreed to pay $45 million to settle a lawsuit over data breaches that collectively exposed the personal information of 37 million customers. The case consolidated 22 class-action lawsuits filed over two security incidents: a data breach in 2019, and a ransomware attack in 2023. Lawyers for the victims said in district court filings that both data…
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Employees are dead set on flexible working arrangements – three quarters would turn down a role that didn’t offer hybrid options as work-life balance becomes more important than pay
Work-life balance has become more important than pay when choosing or staying in a job, according to two new reports. A recent survey by Randstad found that 83% of workers view flexible working options as their primary consideration ahead of job security and salaries. Nearly half of the respondents said they had advocated for better working conditions, and a third…
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PayPal to pay $2 million settlement over 2022 data breach
New York State has announced a $2,000,000 settlement with PayPal over charges it failed to comply with the state’s cybersecurity regulations, leading to a 2022 data breach. The Department of Financial Services (DFS) action says that threat actors took advantage of security gaps in PayPal’s systems to conduct credential stuffing attacks that provided access to sensitive customer information. In 2023, PayPal…
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Genshin Impact’s developer to pay $20 million fine to settle FTC charges
The Federal Trade Commission announced on Friday that Genshin Impact developer Cognosphere has agreed to a $20 million settlement and several restrictions on how it sells its loot boxes and manages children’s personal data. According to the FTC, the company “actively marketed” its loot boxes to children and misled players about their odds of winning prizes. Cognosphere allegedly also “deceived…
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CISOs are working harder than ever, but their pay isn’t keeping pace
CISOs have reported the scope of their role has widened to encompass business concerns that extend beyond cybersecurity, but believe their compensation doesn’t reflect this. The 2025 State of the CISO report from IANS Research includes testimony from roughly 800 CISOs on the growing importance of the role, and the simultaneous growth in the role’s complexity and scope of responsibilities.…
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Buy Now, Pay Later Loans Are a Risky Way to Pay for Travel
The buy now, pay later industry is best known for its no-interest, no-fee “pay-in-four” loans, which consumers pay back in four installments over about two months. Because pay-in-fours don’t require the kind of “hard” credit check that can affect one’s credit score, these loans are often approved in seconds. Buy now, pay later companies also offer more conventional loans that…
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