consumer services

General Motors Settles California Privacy Lawsuit Over Unauthorized Driving Data Sales for $12.75 Million

May 11, 2026

1 source

The Verge

General Motors Settles California Privacy Lawsuit Over Unauthorized Driving Data Sales for $12.75 Million

Story Summary

General Motors has agreed to a $12.75 million settlement with California to resolve allegations that it improperly sold driver location and behavior data to insurance companies. The agreement mandates that GM cease selling customer information to data brokers for five years, provide transparent privacy disclosures, and obtain explicit consent before collecting driving data. This follows a similar January 2026 FTC.

A JPMorgan Chase-led banking group has reduced FS KKR Capital’s credit facility by $648 million, or 14%, to $4.05 billion. The move follows a $560 million first-quarter loss and an increase in non-accrual loans to 8.1%. In response, KKR announced a $300 million support package to stabilize the business development company, which is now shifting toward a smaller, less leveraged.

CNBC Finance·May 11, 2026

consumer services

Google Disrupts First Identified Zero-Day Exploit Developed With AI Assistance

Google’s Threat Intelligence Group has successfully intercepted a zero-day exploit designed to bypass two-factor authentication in an open-source system administration tool. Researchers identified clear markers of AI involvement in the Python-based script, including textbook formatting and a hallucinated CVSS score. This incident marks a significant escalation in cyber warfare, as threat actors increasingly leverage generative models to refine malicious payloads.

The Verge·May 11, 2026

commerce

Carter’s Seeks $130 Million in Government Tariff Refunds Following Q1 Earnings Report

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Retail Dive·May 11, 2026

commerce

Simon Property Group Settles Lease Disputes, Clearing Path for Saks Global Bankruptcy Exit

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