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The lawsuit alleged that Bank of America facilitated Jeffrey Epstein's sex-trafficking operation. US Department of Justice Jeffrey Epstein victims and Bank of America reached a settlement in a class-action lawsuit. The terms haven't yet been publicly disclosed. JPMorgan paid $290 million and Deutsche Bank paid $75 million for similar lawsuit settlements. Bank of America settled a proposed class-action lawsuit from Jeffrey Epstein accusers who alleged the bank facilitated the now-dead pedophile's sex-trafficking operation, court records show. Lawyers for the bank and a group of Epstein accusers told the judge overseeing the case during a pretrial conference last week that they "reached a settlement in principle," according to a Monday update to the case's docket. The terms of the settlement were not made public. US District Judge Jed Rakoff, who is overseeing the case, gave a March 27 deadline for the parties to file public documents laying out the...

The company is reportedly delaying the launch as its engineers and lawyers work to avert further legal issues. from TechCrunch https://ift.tt/DwHAU1d via IFTTT

When you buy through our links, Business Insider may earn an affiliate commission. Learn more Conan O'Brien will return to host the Oscars. Frank Micelotta/Disney via Getty Images The Academy Awards return for the 98th ceremony, where the best films, performances, and technical and creative work of the past year will be recognized. We've rounded up everything you need to know about where to watch the Oscars live stream, including free options. Conan O'Brien returns to host the Oscars, following up on his successful run at last year's ceremony. The 98th Academy Awards will take place at the Dolby Theatre in Hollywood. In addition to 24 award categories, the star-studded evening will feature musical performances. It's been an interesting awards season, with most major categories lacking a clear, anticipated winner. "Sinners" leads the pack with a record-breaking 16 nominations. "One Battle After Another," "Marty Supreme," and ...

If bettors are correct, "One Battle After Another" will take home six Oscars, while "Sinners" is each set to win four. Emma McIntyre/WireImage via Getty Images One of the tightest Oscar races in recent memories are on Sunday. Bettors are already wagering tens of millions on who will win in each of the 24 categories. Here's who's most likely to win, according to the odds on Kalshi and Polymarket. At the Oscars on Sunday, it's not just Hollywood careers that are on the line. It's tens of millions of dollars. Since the nominees were announced in January, traders on Polymarket and Kalshi have been wagering on which films, actors, directors, and more will win an Oscar in each of the Academy's 24 categories. Prediction markets have seen dramatic growth over the last year, drawing the attention of media companies , the ire of some state regulators, and the scrutiny of Washington lawmakers . Polymarket partnered with the Golden Globes ea...

Debris from an intercepted drone caused a fire near the Port of Fujairah in the UAE on Saturday. AP Photo/Altaf Qadri A fire broke out near a key oil port in the United Arab Emirates on Saturday. Officials said debris from an intercepted drone caused the fire and that operations were suspended. The US attacked Kharg Island, a major oil depot in Iran, on Friday. Fire erupted at a critical oil hub in the United Arab Emirates on Saturday amid the ongoing military conflict in the Middle East. Plumes of dark black smoke billowed around the Port of Fujairah, the only multipurpose maritime facility on the UAE's east coast. The Fujairah government's media office said debris from an intercepted drone caused the fire. No injuries were reported. The fire comes after Iran said it would retaliate against the US for attacking Kharg Island on Friday. Kharg Island, located about 300 miles from the Strait of Hormuz, is key to Iran's oil industry and has refineries that process ...

Travis Kalanick is back — with a plan to take AI into the physical world. Axelle/Bauer-Griffin/FilmMagic Uber cofounder Travis Kalanick thinks we're on the precipice of a golden age. Kalanick unveiled Atoms , his new robotics company, on Friday. He said automation of the physical world will lead to autonomy and abundance for humans. The Uber-famous founder, Travis Kalanick , says a new golden age is coming — and it's robots that are ushering it in. Kalanick announced a new venture called Atoms on Friday in a 1,600-word screed in which he said the automation of the physical world is the next phase of the AI era. "Software has automated tasks of language and math, but the complete automation of the physical world — autonomy — remains largely untouched territory, the principal unlock to the next era of progress and abundance," he wrote. "History refers to this kind of moment of radical progress as a Golden Age." Kalanick said this "golden age...