High-tech and the widening rich-poor gap
The global economy faced the tumultuous recession, sluggish capital markets and dead-slow recovery during the last few years that changed the economic and social scenarios in developed and developing economies alike. In trying to ride out the difficulties, business communities…
Is Chinese economy going to collapse?
A man checks stock prices at a brokerage in Hangzhou, Zhejiang province, Jan 26, 2016. [Photo/IC] Chinese economy is experiencing difficulties which are not unique to China but almost every country in the world is facing an economic slowdown under…
The path to the Donald Trump presidency may be unstoppable (VIDEO)
Donald Trump, President of the United States? Donald Trump won a huge victory in Nevada last night. The interesting thing is that he won just about every demographic voting in the primary. He even won Latinos. Yes the numbers are…
What The Hospital Hack Taught Us About Ransomware
It shouldn’t have come as a surprise. The cyberattack that left a California hospital paralyzed until administrators agreed to pay a $17,000 ransom is only the latest digital assault to hit a cash-strapped emergency-service provider in the U.S. But it’s…
FBI Financial Crime Investigations Become Increasingly Sophisticated
The FBI is becoming increasingly aggressive and sophisticated in its investigations of financial crime, noted Trace Schmeltz, an attorney at Chicago-based Barnes & Thornburg. Schmeltz, who has worked with prosecutors as well as defending clients in white collar cases, has…
“Liar Loans” Now Being Pushed By Large U.S. Asset Managers Says Punchline
Liar Loans …. Remember the “liar loan” programs that were so famously a part of the 2008 financial crisis? They’re coming back, thanks to a lobbying effort by major hedge funds, according to TPL Advisory Punchline market report. Liar Loans…
Halliburton scandal: EFCC grills another SAN
The Economic and Financial Crimes Commission (EFCC) on Tuesday grilled a senior Advocate of Nigeria, Mr. Godwin Obla, on his role and that of four others in negotiating plea bargain for companies indicted in the Halliburton bribery scandal. The other…
FBI wants Apple to hack more than a dozen iPhones
Los Angeles (dpa) – Apple’s deadlock with US authorities over hacking the iPhone began months ago and involves more than a dozen devices in 10 criminal investigations, according to court documents unsealed Tuesday. In a brief filed to federal court,…
Bill Gates Backs FBI In Fight With Apple
Bill Gates has emerged as the most high-profile member of the Silicon Valley elite to voice criticism of Apple’s opposition to an FBI request to unlock the iPhone used by one of the San Bernardino, California, shooters. Speaking at the…
Apple fight could speed development of govt-proof smartphones
The legal showdown between Apple Inc and US law enforcement over encryption, no matter the outcome, will likely accelerate tech company efforts to engineer safeguards against government intrusion, tech industry executives say. Already, an emerging industry is marketing super-secure phones…