Business

UnitedHealth, Amazon are among bidders for Signify

Signify Health Inc. soared the most since its shares started trading last year as UnitedHealth Group Inc., Amazon.com Inc., CVS Health Corp. and Option Care Health Inc. competed to acquire the home-health technology and services ...

Business

Twitter to pay $150M penalty over privacy of users' data

Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators' allegations that the social platform failed to protect the privacy of users' data over a six-year span.

Machine learning & AI

U.S. civil rights enforcers warn employers against biased AI

The federal government said Thursday that artificial intelligence technology to screen new job candidates or monitor worker productivity can unfairly discriminate against people with disabilities, sending a warning to employers ...

Business

Philips take hit by supply problems, respirator recall

Philips on Monday reported net losses of over 150 million euros in the first quarter of 2022 as the Dutch health technology firm battled a faulty respirator recall and supply chain problems.

Business

United Airlines loses $1.4B in 1Q, but expects profit in 2Q

United Airlines reported Wednesday that it lost $1.38 billion in the first quarter of 2022 but said it expects to return to profitability in the current three-month period as post-pandemic travel ramps back up.

Business

China's Huawei says 2021 sales down, profit up

Six months after being released by Canadian authorities following a diplomatic standoff involving Washington and Beijing, Huawei's chief financial officer said Monday the telecom equipment giant may be emerging from a "black ...

Security

Canadian extradited to US to face ransomware charges

A Canadian man has been extradited to the United States to face charges in connection with ransomware attacks that netted tens of millions of dollars in cryptocurrency, the Justice Department said Thursday.

Business

US lawmakers accuse Amazon of blocking anti-trust probe

A panel of US lawmakers urged the Department of Justice on Wednesday to open a criminal probe into their allegations that Amazon has tried to obstruct their anti-trust investigation of tech giants.

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