Technology from American companies is being used to power a revolution in the scam industry, playing a key role in the industrialization and globalization of fraud in ways that have not been clear until now, an AP/“FRONTLINE” investigation has found. Watchdogs say these companies have the technical capacity to do more to protect against abuse but lack the legal, regulatory and business incentives to crack down on a crime the Federal Trade Commission estimates cost Americans nearly $200 billion in losses in 2024.
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Technology from American companies is being used to power a revolution in the scam industry, playing a key role in the industrialization and globalization of fraud in ways that have not been clear until now, an AP/“FRONTLINE” investigation has found. Watchdogs say these companies have the technical capacity to do more to protect against abuse but lack the legal, regulatory and business incentives to crack down on a crime the Federal Trade Commission estimates cost Americans nearly $200 billion in losses in 2024.
U.S. stocks rose and recovered some of their losses from a rare losing week. The S&P 500 climbed 1.2% Monday, breaking a five-day losing streak. The Dow Jones Industrial Average added 0.6%, and the Nasdaq composite rose 2.1%. Comcast helped lead the way and jumped after saying it plans to split off its media businesses from its broadband unit. Several AI stocks also rebounded following sharp swings up and down last week. The gains came despite a rise for oil prices, while Treasury yields held relatively steady in the bond market.
Indiana Fever guard Sophie Cunningham became a viral sensation after a memorable moment on Monday night. She pointed at Phoenix's DeWanna Bonner for 22 seconds, sparking a wave of internet memes. Fans have embraced the moment, even asking for photos with Cunningham mimicking the gesture. The incident stems from a backstory between Cunningham and Bonner, who played briefly for the Fever last season. During the Fever's 86-77 victory, Cunningham defended teammate Caitlin Clark in a disagreement with Bonner. Both players received technical fouls. Cunningham's social media following is about 1.5 million on Instagram.
Julián Quiñones and Raúl Jiménez may have scored for Mexico, but Merlin the duck stole the show. The 2-year-old duck dressed in Mexico’s national colors became an internet sensation during Mexico’s World Cup-opening victory over South Africa. Images of Merlin parading through Mexico City went viral, making him an unofficial mascot. Fans quickly embraced him, calling him a national treasure. In Mexico City, however, Merlin is already a local celebrity. He often accompanies his owner Carla Gómez as she sells beverages in the city. Gómez says Merlin is like family and hopes he continues to bring luck to Mexico in the tournament.
The outage appeared to stem partly from a software update issued by CrowdStrike, a cybersecurity company that detects and block hacking threats.
President Biden said this week that high-speed internet is no longer a luxury but rather an “absolute necessity."
The program prioritizes projects on areas with slower internet speeds.
More than 80% of Kentucky households qualify for this program.
Some customers complain they have power restored but WiFi is still out.