Way back in 2012, the Internal Revenue Service (IRS) launched the largest-ever audit in history, accusing Microsoft of stashing billions in offshore tax havens to dodge U.S. taxes. The agency had already been auditing the company, but for the next three years, it took perhaps the boldest, most antagonizing steps it had in decades to inspect the company’s finances. Former CEO Steve Ballmer got summoned. Microsoft complained that for “the first time in the history of the universe,
More than 70 million Americans are set to receive a 3.2% increase on their Social Security benefits and Supplemental Security Income (SSI) in 2024. The cost-of-living adjustment (COLA), announced on Thursday, is significantly lower than 2023’s boost—a shift that can be attributed to an easing inflation trend in the United States. Here’s a breakdown of the key takeaways you need to understand the upcoming change.
What is COLA?
Required by legislation
Violent and hateful rhetoric on the anonymous online message board 4chan rose dramatically following Hamas’s attacks on Israel last weekend, and again during Israel’s counteroffensive in the Gaza Strip, research shows.
The Global Project Against Hate and Extremism (GPAHE) found that within 48 hours of the initial attacks, the use of slurs and violent speech against Jewish and Muslim communities on 4chan grew by more than 500% and remained at high levels.
GPAH
As the world watches Hamas’ brutal attack on Israel unfold, American eyes in the sky are limited in what they can show because of a 1997 law.
How we got here
Under the Kyl-Bingaman Amendment (KBA), which passed in the 1997 NDAA, American companies can’t release imagery of Israel that’s at a higher resolution than what’s distributed by non-U.S. companies. For decades, that meant American companies could only disseminate 2m-reso
Enterprise data is only safe if encryption is working, yet cryptography in the enterprise is routinely taken for granted and rarely evaluated or checked.
As the digital landscape continues to evolve and the age of quantum computing nears, the need for hardened cryptographic solutions in organizations has become more critical than ever.
With the ongoing advancements of mathematics and computing, the long-standing dependence on public key encryption (PKE) could be nearing it
Your personal data is an asset. Plenty of companies are using it right now to generate value. Unlike the rest of your assets, however, you probably have no idea where your data is held or how you might quantify it. You have no way to access, manage, or liquidate it. Nobody would accept that lack of control over, say, their financial portfolio. Yet that’s how most people treat their personal data today. Internet search engine analytics, map queries for directions to the neare
Wearing what seemed to be the same gray blazer as on Tuesday, Caroline Ellison, testifying against her former boss and former boyfriend, Sam Bankman-Fried, in his federal fraud trial, dropped a lot of information on Wednesday: the alleged “Thai prostitutes” that FTX created accounts in the names of, as it tried to free up funds frozen by Chinese government officials, and the “bribe” she said it paid to those officials; what she described as Bankman-Fried intentiona
Thierry Breton, the European commissioner charged with enforcing the E.U.’s new Digital Services Act (DSA), warned on Tuesday that X’s platform has become overrun with “disinformation” and “violent and terrorist” content since Hamas’s October 7 attacks. Breton gave Elon Musk 24 hours to respond with how his company plans to fix that—or else risk facing an investigation that, per the DSA’s rules, could lead to fines of up to 6% of
Yitzy Hammer was itching to get back to work. For the last two weeks, Hammer, a lawyer who works with emerging tech companies in Israel, had been home with his four kids who weren’t in school during the Jewish high holidays. This week was supposed to be their first back, and Hammer had a packed schedule planned for the days ahead.
But since Saturday—when Hammer and his wife awoke to the sound of bombs falling and spent part of the day huddled with their family in a she
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The generative AI bill is coming due, and it’s not cheap
As AI developers try to commercialize and monetize their models, their customers are coming to grips with the fact that the technology is expensiv