Tech companies are teaming up to combat scammers

Engadget 

The Online Services Accord Against Scams was signed by major tech companies including Google, Microsoft and OpenAI. A coalition of Big Tech companies is working on a more comprehensive solution to combat online scams . As first reported by, Google, Microsoft, LinkedIn, Meta, Amazon, OpenAI, Adobe and Match Group announced the signing of the Online Services Accord Against Scams. The new agreement is meant to put up a united industry-wide front against online fraud and scams, particularly those from sophisticated criminal networks that use multiple platforms. According to the report, the measures will include adding fraud detection tools, introducing new user security features, and requiring more robust verification for financial transactions.