Author: Press Room

An arbitration panel ordered MyPillow CEO Mike Lindell to pay $5 million within 30 days to a Nevada software developer for proving Lindell was wrong in his claim that certain data was related to the 2020 presidential election and purported voting machine fraud.The panel, in its 23-page ruling issued Wednesday, said that the Robert Zeidman “proved the data Lindell LLC provided, and represented reflected information from the November 2020 election, unequivocally did not reflect November 2020 election data.” Zeidman, a software developer, entered the “Prove Mike Wrong Challenge” contest in during a cyber symposium in August 2021.The American Arbitration Association…

Disney is preparing to take its fight with Florida Gov. Ron DeSantis and his GOP allies in the state legislature to the next level, according to people familiar with the matter.With just weeks until Florida’s legislative session ends, Disney is pushing lobbyists to step up their efforts to influence the Republican-controlled state legislature and to target land use related bills that could hurt the company, among other measures, said the people, who declined to be named in order to speak freely about the issues.A spokesman for Disney declined to comment on the lobbying effort.The battle between the entertainment giant and…

The early morning alert was a test but the outrage was real. Many in Florida were woken up at 4:45 a.m. on Thursday by a notification on their phones from the Emergency Alert System: “TEST – This is a TEST of the Emergency Alert System. No action is required.” After sending the test out across the state, the Florida Division of Emergency Management apologized for the very, very early alert. “We know a 4:45 AM wake up call isn’t ideal. FLSERT wants to apologize for the early morning text,” the agency tweeted. “Each month, we test #emergencyalerts on a variety…

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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.Pick up your smartphone, flip open your laptop and try to access any kind of web service or app, and you’ll almost certainly be prompted to enter your password. It’s a mundane and accepted part of living in the digital world, where everything is reliant on proving your identity. We’re constantly being asked to verify that we are who we say we are, but unfortunately doing so means surrendering our personal information on a daily basis. It’s a fact of…

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The news: Almost $60 billion in bank deposits was transferred out of major US financial institutions (FIs) Charles Schwab, State Street, and M&T in the first quarter amid a rise in savers moving their money to find better rates, according to the Financial Times. What’s behind savers switching?Banking turmoil. The collapse of three US banks led savers and small businesses to re-examine where they kept their money. Wall Street lenders reported a rise in deposit inflows during the first quarter, including JPMorgan, which gained about $50 billion at the end of March alone.Cost-of-living pressures. Historically high inflation and a sharp…

Elon Musk says OpenAI, the maker of ChatGPT, isn’t how he envisioned it when he cofounded it. Musk told Fox News he “took [his] eye off the ball,” and that resulted in OpenAI straying from its open-source, nonprofit beginnings. Musk has repeatedly criticized OpenAI since leaving its board in 2018. He now says he wants to build a ChatGPT rival, “TruthGPT.” Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Elon Musk says OpenAI isn’t what he intended it to be, and it’s partly his…

Renault has lambasted Tesla for cutting electric-vehicle prices, warning that the US group would “kill” second-hand values of cars and send itself into a “spiral”. The comments by the French carmaker’s finance boss Thierry Piéton came hours after Elon Musk vowed to keep reducing prices in order to drive sales higher.Renault shares slumped as much as 7 per cent despite it posting higher first-quarter revenues on Thursday, with analysts citing worries about pricing pressures across the industry, and despite the French carmaker’s insistence that it would not slash its own price tags. Renault said its main aim was to keep customer…

My Pillow CEO Mike Lindell has been ordered to shell out $5 million to an expert who debunked his data related to the 2020 election, according to a decision by the arbitration panel obtained by CNN. Lindell, a purveyor of election conspiracies, vowed to award the multimillion-dollar sum to any cyber security expert who could disprove his data. An arbitration panel awarded Robert Zeidman, who has decades in software development experience, a $5 million payout on Wednesday after he sued Lindell over the sum. CNN has obtained arbitration documents and video depositions, including a deposition of Lindell, related to the…