technology industry News

School Lawsuits Over Social Media Harm Face Tough Legal Road

Like the tobacco, oil, gun, opioid and vaping industries before them, the big U.S. social media companies are now facing lawsuits brought by public entities that seek to hold them accountable for a huge societal problem โ€“ in their case, …

Big Tech Layoffs May Further Disrupt Equity and Diversity Efforts

2023 is shaping up as a challenging year to be a woman or minority working in the tech sector, or even a person with one too many years under their belt. Surging firings by technology companies last year are disproportionately …

Tech Firms Under More Scrutiny and Unhappy with Their D&O Insurance

With premiums rising and carriers narrowing their terms and conditions, technology companies’ satisfaction with their directors and officers (D&O) liability insurance has plummeted in 2021. Insurance broker Marsh found in a new study that only about 45 percent of customers …

Internet Firms’ Liability Shield on Justice Department Meeting Agenda

The U.S. Justice Department is planning to hold a conference to discuss the future of a federal law which largely exempts online platforms from legal liability for the material their users post, sources familiar with the plans said on Friday. …

Chubb Expands BOP Coverage to Small Technology Firms

Chubb has expanded its business owner’s policy, Chubb BOP, to the technology industry with specialized insurance features and benefits for risks faced by small businesses in the technology segment. Chubb BOP for the technology industry includes more than 80 property …