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RingLogix Ranks on the 2023 Inc. 5000 List of Fastest-Growing Private Companies in America
RingLogix Ranks on the 2023 Inc. 5000 List of Fastest-Growing Private Companies in America
MIAMI LAKES, Fla.--(BUSINESS WIRE)--Aug 22, 2023--
2023-08-23 00:15
UK Inclined to Order Probe into Abu Dhabi-Backed Telegraph Deal
UK Inclined to Order Probe into Abu Dhabi-Backed Telegraph Deal
The UK government is leaning toward ordering a probe into RedBird IMI’s proposed Telegraph deal, after the prospect
2023-11-22 21:53
Amazon using AI to crack down on fake review ‘brokers’
Amazon using AI to crack down on fake review ‘brokers’
E-commerce giant Amazon has said it uses artificial intelligence systems to prevent fake reviews on the platform that can intentionally mislead customers. While the company already uses machine learning models to detect risks such as links to other accounts, sign-in activity, review history, and other indications of unusual behavior that point to fake reviews, the tech giant said on Tuesday that is further investing in sophisticated fraud-detection tools. Using several such methods, the company said it “proactively blocked over 200 million suspected fake reviews” from its stores in 2022. “We will continue to build sophisticated tools that protect customers, our selling partners, and our store from bad actors that attempt to profit by proliferating fake reviews globally,” Amazon said. In the new statement, the e-commerce giant warned of the emergence of an illicit industry of “fake review brokers,” who approach consumers via social media channels, and messaging services, soliciting them to write fake reviews in exchange for money or other incentives. These brokers, according to Amazon, portray themselves as legitimate businesses with networks of hundreds of employees stationed worldwide. So far, it has taken legal action against over 90 such bad actors around the world who facilitated fake reviews and sued more than 10,000 Facebook group administrators who attempted to put fake reviews. It also reported over 23,000 abusive social media groups, with over 46 million members and followers, that facilitated fake reviews in 2022, the company added. These high-volume fake review brokers a “global problem” impacting multiple industries, according to Amazon, which called on the private sector, consumer groups, and governments to work together to stop fake review brokers. “Through cross-industry sharing – including information on bad actors’ tactics and techniques, who they are targeting, the services they provide, and how they operate – we can more effectively shut down these schemes, thereby protecting more consumers across different industries,” the company said. In countries that already have laws against soliciting fake reviews, it said regulators could do more to use their authority to take action against fake review brokers. “We also support greater funding for law enforcement to build further technical expertise to investigate and take down these brokers,” the multibillion-dollar conglomerate said. “Amazon will continue to protect our stores from fake reviews by investing in proactive tools to detect and stop fake reviews from impacting a customer’s buying decision,” it added. Read More Revealed: The delivery apps charging you double for your food shop Amazon staff spied on women private through Ring cameras, officials say ‘Last Beatles record’ was created using AI, says Paul McCartney Best Amazon deals and offers to buy now, from air fryers to Apple watches Jeff Bezos mocked for spending $4k on bottle of ‘engagement wine’ worth just $650 Elon Musk is once again world’s richest person
2023-06-13 17:46
Debt limit talks seem to make little headway as Biden, world leaders watch from afar for progress
Debt limit talks seem to make little headway as Biden, world leaders watch from afar for progress
Debt limit talks between the White House and House Republicans stopped, started and stopped again heading into a weekend where President Joe Biden and world leaders watched from afar, hoping high-stakes negotiations would make progress on avoiding a potentially catastrophic federal default. In a sign of a renewed bargaining session, food was brought to the negotiating room at the Capitol on Saturday morning, only to be carted away hours later. No meeting was likely Saturday, according to a person familiar with the state of the talks who was not authorized to publicly discuss the situation and spoke on condition of anonymity. Biden's administration is reaching for a deal with Republicans led by House Speaker Kevin McCarthy, R-Calif. The sides are up against a deadline as soon as June 1 to raise its borrowing limit, now at $31 trillion, so the government can keep paying the nation’s bills. Republicans are demanding steep spending cuts the Democrats oppose. Negotiations had came to an abrupt standstill Friday morning when McCarthy said it was time to “pause” talks. Then the teams convened again in the evening, only to quickly call it quits for the night. Biden, attending a meeting of global leaders in Japan, tried to reassure them on Saturday that the United States would not default, a scenario that would rattle the world economy. He said he felt there was headway in the talks. “The first meetings weren’t all that progressive, the second ones were, the third one was,” he said. The president said he believes "we’ll be able to avoid a default and we’ll get something decent done.” Negotiators for McCarthy said after the Friday evening session that they were uncertain on next steps. “We reengaged, had a very, very candid discussion, talking about where we are, talking about where things need to be, what’s reasonably acceptable," said Rep. Garret Graves, R-La. Rep. Patrick McHenry, R-N.C. was asked if he was confident an agreement over budget issues could be reached with the White House. He replied, “No.” As the White House team left the nighttime session, Biden counselor Steve Ricchetti, who is leading talks for the Democrats, said he was hopeful. “We're going to keep working,” he said. McCarthy had said resolution to the standoff is “easy,” if only Biden's team would agree to some spending cuts Republicans are demanding. The biggest impasse was over the fiscal 2024 top-line budget amount, according to a person briefed on the talks and granted anonymity to discuss them. Democrats contend the steep reductions Republicans have put on the table would be potentially harmful to Americans, and they are insisting that Republicans agree to tax increases on the wealthy, in addition to spending cuts, to close the deficit. Wall Street turned lower as negotiations came to a sudden halt. Experts have warned that even the threat of a debt default would could spark a recession. Republicans argue the nation's deficit spending needs to get under control, aiming to roll back spending to fiscal 2022 levels and restrict future growth. But Biden's team is countering that the caps Republicans proposed in their House-passed bill would amount to 30% reductions in some programs if Defense and veterans are spared, according to a memo from the Office of Management and Budget. Any deal would need the support of both Republicans and Democrats to find approval in a divided Congress and be passed into law. Negotiators are eyeing a more narrow budget cap deal of a few years, rather than the decade-long caps Republicans initially wanted, and clawing back some $30 billion of unspent COVID-19 funds. Still up for debate are policy changes, including a framework for permitting reforms to speed the development of energy projects, as well as the Republican push to impose work requirements on government aid recipients that Biden has been open to but the House Democratic leader Hakeem Jeffries of New York has said was a "nonstarter." McCarthy faces pressures from his hard-right flank to cut the strongest deal possible for Republicans, and he risks a threat to his leadership as speaker if he fails to deliver. Many House Republicans are unlikely to accept any deal with the White House. Biden is facing increased pushback from Democrats, particularly progressives, who argue the reductions will fall too heavily on domestic programs that Americans rely on. ___ Associated Press writers Zeke Miller and Josh Boak in Hiroshima, Japan, and AP Congressional Correspondent Lisa Mascaro contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Will Biden's hard-hat environmentalism bridge the divide on clean energy future? Russia warns of ‘colossal risks’ if F-16 fighter jets sent to Ukraine G7 'outreach' an effort to build consensus on global issues like Ukraine, China, climate change
2023-05-21 01:58
Exclusive-US chip CEOs plan Washington trip to talk China policy - sources
Exclusive-US chip CEOs plan Washington trip to talk China policy - sources
By Stephen Nellis, Andrea Shalal and Karen Freifeld The chief executives of Intel Corp and Qualcomm Inc are
2023-07-15 09:19
Palo Alto Network’s Odd Summer Friday Report Has Wall Street Asking Why
Palo Alto Network’s Odd Summer Friday Report Has Wall Street Asking Why
Palo Alto Networks Inc. investors are cautious ahead of the cybersecurity firm’s fiscal fourth-quarter results, which will be
2023-08-19 01:51
India’s Top Oil Explorer Plans $12 Billion Green Energy Spend
India’s Top Oil Explorer Plans $12 Billion Green Energy Spend
India’s Oil and Natural Gas Corp. aims to invest 1 trillion rupees ($12.1 billion) by 2030 in a
2023-05-29 19:19
Germany's Deutsche Bahn sells European subsidiary Arriva to infrastructure investor I Squared
Germany's Deutsche Bahn sells European subsidiary Arriva to infrastructure investor I Squared
Germany’s state-owned railway operator, Deutsche Bahn, says it has agreed to sell its European public transport subsidiary, Arriva, to U.S.-based infrastructure investor I Squared Capital
2023-10-19 17:18
Renegotiation for Brazilian consumer debts with government guarantees to start in September
Renegotiation for Brazilian consumer debts with government guarantees to start in September
BRASILIA Brazil's government announced on Friday that it would initiate a debt renegotiation program with Treasury guarantees in
2023-07-14 20:47
Stellantis recalling over 354,000 Jeeps worldwide; rear coil springs can detach while they're moving
Stellantis recalling over 354,000 Jeeps worldwide; rear coil springs can detach while they're moving
Stellantis is recalling more than 354,000 Jeeps worldwide because the rear coil springs can fall off while they’re being driven
2023-06-13 20:48
Pinstripes Restaurant Chain Reaches Deal to Go Public Via SPAC
Pinstripes Restaurant Chain Reaches Deal to Go Public Via SPAC
Pinstripes Inc., the restaurant chain that combines bowling and bocce with Italian fare, is going public in a
2023-06-23 19:21
Turkey delivers another major interest rate hike
Turkey delivers another major interest rate hike
Turkey's central bank on Thursday surprised the market with a larger-than-expected interest hike as it ramped up its fight against inflation and efforts...
2023-11-23 19:18