Author: 5amResearch

Greta Thunberg Gives Finger to Opponents of New EU Environmental Legislation

Greta Thunberg was photographed at the European Parliament in Strasbourg last Wednesday smiling broadly while flipping a double-bird – apparently to the opponents of heavily contested new EU environmental legislation known as the “Nature Restoration Law”.  According to the German news site Merkur.de, it was a “winner’s gesture” – if not the most sporting one – because at its Wednesday…

U.S. prosecutors accuse FTX founder Sam Bankman-Fried of witness tampering

U.S. prosecutors have accused FTX founder Sam Bankman-Fried of witness tampering and asked a federal judge to issue an order that would bar the former billionaire and other parties from making public statements likely to interfere with a fair trial. The prosecutors wrote to U.S. District Judge Lewis Kaplan on Thursday referencing a New York Times article titled “Inside the…

Fincantieri, Leonardo Contracted for Italian Aircraft Carrier, Destroyer Maintenance

Fincantieri and Leonardo have signed a 190-million euro ($211.5 million) contract to maintain the Italian Navy’s Cavour aircraft carrier and the Andrea Doria and Caio Duilio Horizon-class destroyers. Work under the agreement will be conducted until 2028 by the Leonardo and Fincantieri joint venture Orizzonte Sistemi Navali (OSN). The companies will sustain the operational condition of each ship to maintain…

A ton of folks don’t know what ‘Right to Repair’ Is, but strongly support it once they do

In just the last five years, the “right to repair” movement has shifted from nerdy niche to the mainstream, thanks in part to significant support from the Biden FTC and efforts in states like Minnesota and New York to pass new right to repair laws, making it easier and less expensive for consumers and independent repair shops to gain affordable access…

Amazon agrees to $25 million fine for Alexa children privacy violations, Ring subsidiary also facing $5 million fine

The U.S. Justice Department and the Federal Trade Commission (FTC) announced that Amazon has agreed to pay a $25 million fine to settle alleged children’s privacy laws violations related to the company’s Alexa voice assistant service. Amazon has offered Alexa voice-activated products and services targeted at children under 13 years old since May 2018. In May 2023, the Federal Trade…

Tennessee Arrests Klan Leader on Same Day It Honors 1st Grand Wizard

Three years ago, the Tennessee state Senate voted of 20-to-9 to keep July 13 a Day of Special Observance marking the birthday of Nathan Bedford Forrest, a millionaire slave trader, Confederate general, mass murderer of more than 200 Black Union POWs, and the first grand wizard of the Ku Klux Klan. The legislature did remove a bust of Forrest from…

U.S. Virgin Islands Wants JPMorgan Chase to Pay Big Over Epstein

Backstory: Epstein continued socializing with A-listers despite conviction – media, New reports on Jeffrey Epstein demonstrate deep-going corruption of US ruling elite The U.S. Virgin Islands government is seeking at least $190 million in penalties from JPMorgan Chase in connection to its banking relationship with sex trafficker Jeffrey Epstein. In a new legal filing on Friday, the USVI’s Attorney General…

British intelligence in the dock for CIA torture

Recent developments raise the prospect that British intelligence agents could finally face justice for their little-known role in the CIA’s global torture program. Britain’s foreign and domestic intelligence apparatus is facing scrutiny by a tribunal tasked with intelligence oversight. On May 26, London’s infamously opaque Investigatory Powers Tribunal (IPT) unanimously issued a landmark ruling which means the complaints of two…

‘Missing’ Biden probe witness is Facing long list of federal charges

The “missing” witness long touted by Republicans in Congress as the missing link to their probe into alleged Biden family corruption was accused Monday of being an unregistered foreign agent for China and international arms trafficker while violating U.S. sanctions on Iran and lying to investigators, among a laundry list of other federal charges. Dual U.S.-Israeli citizen Gal Luft had…

DBS to sell majority stake in AXS to private equity firm Tower Capital Asia

SINGAPORE – DBS Bank has agreed to sell a 77.8 per cent stake in electronic payment services provider AXS to Tower Capital Asia, a private equity firm based in Singapore. The bank will retain a minority stake of 9.9 per cent in AXS, it said on Tuesday. It did not disclose the stake’s sale price. The deal is slated to…

Bitcoin set to quadruple to US$120,000 by end of 2024, Standard Chartered says

NEW YORK – Standard Chartered is ramping up its bullish Bitcoin prediction, targeting as much as US$120,000 (S$161,000) by the end of 2024 – almost quadruple the current price – as increasingly cash-rich miners reduce their sales of the token. “Increased miner profitability per BTC mined means they can sell less while maintaining cash inflows, reducing net BTC supply and…

Foxconn dumps $26 billion Vedanta chip plan in blow to India

TAIPEI/BENGALURU – Taiwan’s Foxconn has withdrawn from a US$19.5 billion (SS26 billion) semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, it said on Monday, in a setback to Prime Minister Narendra Modi’s chipmaking plans for India. The world’s largest contract electronics maker signed a pact with Vedanta last year to set up semiconductor and display production plants in Mr Modi’s…

German Real Estate Tycoon Found Dismembered in Rental Home Freezer

  The remains of a German real estate tycoon who has been missing since July 4 have been found inside a freezer of a rental home in the Thai city of Pattaya, according to local authorities. Hans Peter Mack, 62, had been reported missing by his wife, 24-year-old Thai national Piraya Boonmak, a day after his disappearance. According to local…

RomCom hackers target NATO Summit attendees in phishing attacks

A threat actor referred to as ‘RomCom’ has been targeting organizations supporting Ukraine and guests of the upcoming NATO Summit set to start tomorrow in Vilnius, Lithuania. BlackBerry’s research and intelligence team recently discovered two malicious documents that impersonated the Ukranian World Congress organization and topics related to the NATO Summit to lure selected targets. The attackers used a replica of the…

Military police find missing teen in barracks at Marine Corps base

  SAN DIEGO — A 14-year-old girl was found in the barracks at a California Marine Corps base last month, two weeks after her grandmother in San Diego reported she had run away from home, and a Marine was detained for questioning, officials said Monday. The Marine has since been released to his command while federal law enforcement officials investigate,…

Disney Deletes Months Old Film From Disney Plus, Ostensibly For More Tax Benefits

Here we go again. It was only a month ago that Karl Bode wrote about Disney’s absolutely and totally cool process of removing a bunch of content from its Disney Plus streaming platform not because the content sucks and nobody liked it, but because it gets to play accounting tricks as to its assets in order to receive giant tax…