California-born celebrity Leonardo DiCaprio is one of the investors in a diamond company that recently received a warning letter from the Federal Trade Commission over advertising practices. Diamond Foundry, which counts the actor among its backers, is a purveyor of laboratory-created diamonds. These man-made diamonds have chemical properties equivalent to those of natural, or mined, diamonds. However, rather than being mined from the earth, these diamonds are grown entirely inside a laboratory, typically through the use of a small plasma reactor that allows chemical elements to form a final stone.
Dark clouds hover over the booming cyberinsurance industry. Cyber policies currently value an estimated $5.2 billion and should reach $7.5 billion by the end of the decade. However, a recent lawsuit shows that these policies might not protect insurance holders as well as they had believed.