Tupac Shakur’s self-designed ring fetches over $1 million at auction
Late rapper Tupac Shakur’s gold, ruby and diamond crown ring fetched more…
C-3PO ‘Star Wars’ head goes on sale in huge movie memorabilia auction
In a galaxy not-so far away, “Star Wars” fans will soon have…
‘Bleu Royal’ diamond fetches almost $44 million at auction
The largest internally flawless fancy vivid blue diamond ever put up for…
Hyundai and Kia thefts have risen more than 1000% since 2020
In just the last three years, thefts of specific Hyundai and Kia models have increased tenfold. This sharp rise in thefts is believed to be the result of several social media posts that demonstrate how to steal cars. Data from the Highway Loss Data Institute, an industry association that records insurance information, shows that between the first half of 2020 and the first half of 2023, the number of theft insurance claims for susceptible Hyundai and Kia vehicles grew by more than 1000%. Roughly 1.6 of every 1,000 insured Hyundais and Kias were reported stolen in the first half of 2020. That was comparable to every other car brand. However, by the first half of 2023, that number had increased to 11.2 per 1,000. In the interim,According to Matt Moore, senior vice president of HLDI, there is likely a connection between the sharp rise in thefts and increased public knowledge of the vulnerability and methods for taking advantage of it. Although the theft trend first gained traction on social media, articles about it in traditional media also highlight how susceptible these cars are. However, news coverage by the media can help inform the public about car protection measures. "I believe that at this point, it's crucial to educate consumers about the availability of a remedy for the people who own these vehicles that are vulnerable," the man stated. Up to 9 million car owners and Hyundai and Kia reached a $200 million settlement earlier this year to address allegations.
A company bought gas rights to this land for $1. Helium means it could be worth billions
When South African startup Renergen bought the production and exploration rights for…
JD Sports shares plunge after profit warning
The sportswear retailer blamed factors including higher costs and weaker demand from…
Mortgage approvals are up as more lenders cut rates
First Direct and the Yorkshire Building Society are the latest big names…
More electric vehicles are sold by China’s BYD than by Tesla.
BYD overtook Tesla to become the world’s biggest electric car company in…
Rite Aid has been banned from utilizing facial recognition technology in its stores for five years due to its “careless” usage of the technology.
After the Federal Trade Commission discovered that Rite Aid disproportionately singled out people of color and falsely accused customers of crimes, the chain accepted a five-year restriction on employing face recognition technology. Following a complaint alleging the chain of employing artificial intelligence-based software in hundreds of locations to identify individuals Rite Aid "deemed likely to engage in shoplifting or other criminal behavior" and either expel or bar them from entering the store, the FTC and Rite Aid reached a settlement on Tuesday. However, due to faulty technology, workers responded to false-positive warnings that mistakenly labeled clients as criminals. Rite Aid personnel have been charged by the FTC of publicly accusing individuals of illegal activities in front of friends, family, and strangers in certain instances.
At one point, Huawei was struggling to survive. In 2023, revenue will be close to $100 billion once again.
Huawei, the tech giant which has been a flashpoint in the escalating…
