Topic: regulatory actions
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OpenAI Files for IPO as Altman’s Eye-Scanning Firm Conducts Layoffs
OpenAI has confidentially filed for an IPO, while its CEO Sam Altman's other venture, Tools for Humanity, is reportedly conducting layoffs. Tools for Humanity uses iris scans for its World verification system to distinguish humans from bots and supports the Worldcoin cryptocurrency, attracting in...
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Sanctioned $21B Crypto Scam Market Still Active on Telegram
The UK government has sanctioned the Xinbi Guarantee platform for enabling massive cryptocurrency fraud and human trafficking, but it remains operational on Telegram, raising enforcement concerns. Despite the sanctions, Telegram has not removed the channel, highlighting a critical gap between reg...
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GM Settles California Suit Over Selling Driver Data to Insurers
General Motors agreed to a $12.75 million settlement to resolve a California lawsuit over selling driver location and behavioral data to insurers, barring the sale of customer data to brokers for five years and allowing drivers to block OnStar location collection. The lawsuit followed a 2024 New ...
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