Category: Corruption

SEOUL – South Korean authorities arrested Kakao’s chief investment officer (CIO) for alleged stock price manipulation in a high-profile takeover battle over K-pop agency SM Entertainment. Bae Jae-hyun was arrested early on Thursday, according to the Seoul Southern District Court which issued the warrant. Internet giant Kakao won a controlling stake in SM after an intense bidding war with Hybe,…

The Royal Society of Chemistry (RSC) is calling on the UK government to reduce the current cap on individual per- and polyfluoroalkyl substances (PFAS) in drinking water from 100ng/l to 10ng/l, warning that levels above this pose a significant risk to public health. The RSC’s call follows new analysis revealing that more than a third of water courses tested in…

U.S. Attorney’s Office Eastern District of Florida FOR IMMEDIATE RELEASE Thursday, October 12, 2023  BEAUMONT, Texas – A Houston man who served as a production manager in a counterfeit drug trafficking scheme has been sentenced to federal prison for drug trafficking and money laundering violations in the Eastern District of Texas, announced U.S. Attorney Damien M. Diggs today. Willis Reed,…

Palestinians struggled Saturday to flee from areas of Gaza targeted by the Israeli military while grappling with a growing water and medical supply shortage ahead of an expected land offensive a week after Hamas’ bloody, wide-ranging attack into Israel. Israel renewed calls on social media and in leaflets dropped from the air for Gaza residents to move south, while Hamas…

Gaza – As the ultimatum given to the population expires, MSF calls on the Israeli authorities to show humanity. Despite Israeli announcements suggesting that there are safe areas for the population trapped in the Gaza Strip, they are in fact exposed to bombardment throughout all the territory, including in the south, where tens of thousands of people have fled following…

Now the Israeli government has decided to completely cut off water and electricity supplies, and the phone network has been badly damaged. This morning, we were unable to reach our teams in Gaza by phone. Inevitably, this all makes it extremely difficult to coordinate rescue operations and access the injured. In Gaza today, people are terrified. I speak very regularly…

Genetic testing provider 23andMe faces multiple class action lawsuits in the U.S. following a large-scale data breach that is believed to have impacted millions of its customers. Late last month, a threat actor leaked 23andMe customer data in a CSV file named ‘Ashkenazi DNA Data of Celebrities.csv’ on hacker forums. The file allegedly contained the data of nearly 1 million Ashkenazi Jews…

French police used teargas and water cannon to break up a banned rally in support of the Palestinian people in Paris on Thursday, as President Emmanuel Macron urged the French to remain united and refrain from bringing the Israel-Hamas conflict home. Macron’s interior minister had earlier banned pro-Palestinian protests, saying they were “likely to generate disturbances to public order”. France…

As a ‘very large platform’ under the EU’s new Digital Services Act, X is required to respond by next week and could face massive penalties. The European Union (EU) has formally opened an investigation into X, the platform previously known as Twitter, to ensure it’s complying with the Digital Services Act (DSA) following Hamas’ attack on Israel in early October…

“In Ministry of Health hospitals, medical staff report that they are running out of anaesthetics and painkillers,” says Darwin Diaz, MSF Medical Coordinator in Gaza. “On the MSF side, we moved medical supplies from our two-month emergency reserves to Al-Awda hospital and now we have used three weeks’ worth of stock in three days.” MSF staff, including medical personnel, have…

Over the past two decades, online piracy has proven a massive challenge for the entertainment industries. It’s a global issue that’s hard to contain, but various anti-piracy group are doing their best to fight back. There’s a seemingly perpetual stream of takedowns, as evidenced by press releases that come out every week. However, some targets are particularly resistant to enforcement…

  Microsoft says a Chinese-backed threat group tracked as ‘Storm-0062’ (aka DarkShadow or Oro0lxy) has been exploiting a critical privilege escalation zero-day in the Atlassian Confluence Data Center and Server since September 14, 2023. Atlassian had already notified customers about the active exploitation status of CVE-2023-22515 when it disclosed it on October 4, 2023. Still, the company withheld specific details on the…

Suavecito was the first product that Douglas Mrdeza listed to sell on Amazon back in 2014. He had ordered a bit too much of the specialty hair pomade for his barbershop in East Lansing, Michigan. He wanted to see whether he could offload some online. It sold out. So, he ordered more. This time he paid Amazon some extra money…

Data protection laws limit how pharmacy data is used — but Walmart is apparently running market research with ‘anonymized’ details. Last week, Walmart made headlines with a claim that new weight loss drugs might be making people buy less food. Walmart US CEO John Furner told Bloomberg that people taking Wegovy, Ozempic, and similar drugs showed a “slight change” in…

JERUSALEM – The Bank of Israel said on Monday it will sell up to US$30 billion (S$41 billion) of foreign currency in the open market, in the central bank’s first ever sale of foreign exchange, to maintain stability during Israel’s war with Palestinian militants in Gaza. The move appeared to quickly calm the market as the shekel recovered from steep…

It’s been almost 10 months since a trial date was set in Epic’s antitrust lawsuit against Google, and with all of the other big tech cases going on right now, including Google’s other antitrust proceedings, you’d be forgiven for forgetting about this one. But believe it or not, the trial will start in less than a month, on November 6th,…