article thumbnail

Prudential to shut down Assurance, the insurance tech startup it acquired for $2.35B in 2019

GeekWire

.” “Assurance accelerates the strategy and growth potential of Prudential’s financial wellness businesses, bringing us closer to more people across the entire socio-economic spectrum to better serve the full picture of their needs,” Prudential CEO Charles Lowrey said in 2019. ” Prudential reported first quarter net income of $1.1

Insurance 142
article thumbnail

Russian Hacker Indicted as Mastermind Behind LockBit Ransomware

SecureWorld News

Dmitry Yuryevich Khoroshev, 31, of Voronezh, Russia, has been indicted on 26 counts related to his alleged role as the creator and administrator of LockBit ransomware since its inception in September 2019. Victims spanned individuals, businesses, hospitals, schools, government agencies, and critical infrastructure providers.

Malware 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

MacKenzie Scott reveals another round of philanthropy: $2.74 billion to 286 organizations

GeekWire

Scott promised in 2019 to give “until the safe was empty.” And despite her philanthropy, her net worth keeps growing. When she and Bezos split in 2019 her Amazon stock was valued at around $36 billion, and her current net worth is estimated at $60 billion. billion donated by high-net-worth individuals.

.Net 114
article thumbnail

U.S. government scrutinizes Microsoft’s hiring practices as tech giant looks to boost diversity

GeekWire

We also have affirmative obligations as a company that serves the federal government to continue to increase the diversity of our workforce, and we take those obligations very seriously. percentage points, according to the company’s 2019 diversity and inclusion report. Black and African American employees made up about 4.5%

article thumbnail

Amazon crosses $100 billion in sales in huge first quarter

The Verge

billion in net sales. Amazon expects to continue crossing the $100 billion net sales mark next quarter with the figure ultimately landing somewhere between $110.0 But as Amazon’s sales have grown, it has also grown more concerned with government intervention. That’s a 44 percent increase from the $75.5 billion and $116.0

.Net 128
article thumbnail

Telcos gear up to tackle energy efficiency in the face of customer demands

TM Forum

Governments are also starting to get involved. stated that in 2019 the digital sector accounted for 2% of greenhouse gases in France in 2019, with the figure potentially rising to 6.7% ” To find out more, watch the webinar Hard Talk: Net Zero, sustainability and the impact of cloud. French Senate report.

Energy 130
article thumbnail

From brain drain to brain gain – expats returning home due to COVID boost local economies

Trends in the Living Networks

In all of these cases it’s actually a net benefit.”. In the US, a study by workforce solutions firm MPO Partners found an increase of almost 50% from 2019. For government policymakers, leveraging this highly connected, educated and mobile workforce to help grow the economy should be a priority. In 2020 some 10.9

Survey 148