‘AI Washing’: Crackdown

‘AI Washing’: Crackdown

The US investment regulator, the Securities and Exchange Commission (SEC), has dished out penalties totalling $400,000 to two investment companies who made misleading claims about how they used AI, a practice dubbed ‘AI Washing’. What Is AI Washing?  The term ‘AI...
Bill Ackman Imposter Scam Warning

Bill Ackman Imposter Scam Warning

Billionaire hedge fund manager, Bill Ackman’s Pershing Square Capital Management company has warned of the risks posed by recent Facebook ads impersonating Mr Ackman as part of an imposter fraud scam.   Mr Ackman’s company says it has already discovered 90...
Apple Pays Norfolk Council £385 Million

Apple Pays Norfolk Council £385 Million

Apple has agreed to pay £385 million to settle a class action lawsuit led by Norfolk County Council over the effect of an alleged cover up by Apple’s boss about iPhone demand in China. The lawsuit related to comments by Apple’s CEO, Tim Cook, to investors back in 2018...
$50,000 Apple Trainers… Made of Gold?

$50,000 Apple Trainers… Made of Gold?

Renowned auction house and brokers of art, collectibles, jewellery, and real estate Sotheby’s is selling a super rare pair of Apple branded trainers for a guide price of $50,000 (circa £39,000). A One Time Giveaway In The 90s  Sotheby’s says the Omega Sports Apple...