House Democrats are calling for Equifax to extend its promise to give customers free credit monitoring from one year to three years. Ariel Evans, CEO of Innosec, joins Cheddar to discuss what this means for the company and the consumer.
What most people may not know is that a hacker could hold on to stolen information for more than a year before selling it. This is why House Democrats don't think the initial one year of free credit monitoring to all Equifax's customers is enough. They want to ensure that any compromised information won't be subjected to a hack a few years down the line.
Plus, what rights do shareholders have? Evans explains that you can bring a class-action lawsuit against Equifax if you feel like your rights have been violated.
Microsoft has announced that it's hired Sam Altman and another co-founder of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world.
Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.
