Nikola founder convicted of fraud
Nikola founder Trevor Milton was convicted by a U.S. jury of fraud in a case alleging he lied to investors about the EV company's technology......»»
The attack with many names: SMS Toll Fraud
Bad actors leverage premium-rate phone numbers and bots to steal billions of dollars from businesses. In this Help Net Security video, Frank Teruel, CFO at Arkose Labs, discusses how to spot and stop them. The post The attack with many names: SMS Tol.....»»
Ex-VW CEO Martin Winterkorn"s fraud trial starts years after emissions scandal
Former VW CEO Martin Winterkorn is defending himself against several criminal allegations relating to the automaker's diesel-cheating scandal......»»
DOJ declares victory over Backpage as judge sends founder Lacey to prison
Lacey gets 5 years for one money laundering charge but was acquitted on 50 counts. Enlarge / Backpage founder Michael Lacey testifying at a US Senate hearing in January 2017. (credit: US Senate hearing) Backpage founder.....»»
Romance fraud doesn"t only happen online—it can turn into real-world deception
We often think of fraudsters as people on the opposite side of the world. They will manipulate and exploit victims through words on a computer screen, or loving messages through the phone. But romance fraud can also happen in person, with the fraudst.....»»
Telegram CEO charged with numerous crimes and is banned from leaving France
Multi-billionaire must post bail of 5 million euros, report to police twice a week. Enlarge / Pavel Durov, CEO and co-founder of Telegram, speaks at TechCrunch Disrupt SF 2015 on September 21, 2015, in San Francisco. (credit: Get.....»»
AI company Midjourney teases hardware product in a new form factor
It hired a hardware chief who previously worked on Apple Vision Pro. Responding to this meme image of a wizard with an orb from the I.C.E. book Middle-earth: Valar and Maiar, Midjourney's founder joked that the new hardware form.....»»
AI image-generation company Midjourney says it’s “getting into hardware”
It hired a hardware chief who previously worked on Apple Vision Pro. Responding to this meme image of a wizard with an orb from the I.C.E. book Middle-earth: Valar and Maiar, Midjourney's founder joked that the new hardware form.....»»
Old methods, new technologies drive fraud losses
GenAI, deepfakes and cybercrime are critical threats putting intensifying pressures on businesses, according to Experian. Top online security concerns for consumers According to the FTC, consumers reported losing more than $10 billion to fraud in 202.....»»
Artificial intelligence is powering the latest fraud trends
The automotive retail industry was built on face-to-face interactions, but even experts often cannot spot an AI generated document with the naked eye......»»
Telegram CEO Pavel Durov awaits charges in France as firm denies law-breaking
Telegram accused of not cooperating on drug trafficking and child sexual content. Enlarge / Pavel Durov, CEO and co-founder of Telegram, speaks at TechCrunch Disrupt SF 2015 on September 21, 2015, in San Francisco, California. (c.....»»
Study IDs best "red flags" auditors can use to spot financial fraud
A new analysis of the benchmarks that auditors use to identify financial statement fraud risk finds that the most commonly used benchmarks are less effective at identifying fraud than benchmarks that are less commonly used......»»
Telegram CEO Pavel Durov detained in France; fake reports of App Store removal
Telegram co-founder and CEO Pavel Durov has been “detained” in France, on suspicion of failing to take steps to prevent the criminal use of the messaging app. Various rumors are circulating regarding the nature of the investigation, and the fu.....»»
Shocker: French make surprise arrest of Telegram founder at Paris airport
Lack of moderation on Telegram claimed to be reason for arrest. Pavel Durov, Telegram founder and former CEO of Vkontakte, in happier (and younger) days. (credit: Pavel Durov/VK) Late this afternoon at a Parisian airport.....»»
Why turning on your subtitles might be more radical than you think
In an interview with Digital Trends, Henry Warren, co-founder of Turn on the Subtitles, explains why opting in for subtitles can improve a child's literacy......»»
After cybersecurity lab wouldn’t use AV software, US accuses Georgia Tech of fraud
Researchers allegedly found security protocols "burdensome." Enlarge (credit: Georgia Tech) Dr. Emmanouil "Manos" Antonakakis runs a Georgia Tech cybersecurity lab and has attracted millions of dollars in the last few ye.....»»
Gearbox founder says Epic Games Store hopes were “misplaced or overly optimistic”
Pitchford's prediction that Steam could be "a dying store" have not come to pass. Enlarge / Artist's conception of Randy Pitchford surveying the Epic Games Store landscape years after Borderlands 3's exclusive launch there. (cred.....»»
Fraud tactics and the growing prevalence of AI scams
In the first six months of 2024, Hiya flagged nearly 20 billion calls as suspected spam – more than 107 million spam calls everyday. The data showed spam flag rates of more than 20% of unknown calls (calls coming from outside of someone’s address.....»»
Xiaomi, eyeing Europe, will swallow EV losses to join Tesla in big leagues
Xiaomi’s founder Lei Jun has pledged to invest $10 billion to make EVs as the company aims to become one of the world’s top five automakers. .....»»
Study unveils sustainable solution to vitamin B12 deficiency
In new research published in the journal Discover Food, Dr. Asaf Tzachor, Founder and Academic Director of the Aviram Sustainability and Climate Program at Reichman University, along with a team of researchers from Iceland, Denmark and Austria, repor.....»»
Ticketmaster SafeTix move was deliberately anticompetitive, says DOJ lawsuit
Ticketmaster SafeTix, a feature the company claimed was for fraud-prevention, was actually intended to make it harder for customers to buy their tickets from other resellers, according to an antitrust lawsuit. The complaint says this is proven by int.....»»