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Just two work days after we reported that Home Capital had already used up half of its C$2 billion emergency “lifeline” credit facility (yielding 22.5%) and was seeking additional emergency funding, on Monday Canada’s most troubled alt-mortgage lender provided a liquidity update in which it said that it had drawn an addition C$400 million on its loan, leaving just C$600 million available. At the same time, the […]

Globally, billions of dollars are lost to fraud every year, and with the growth of ecommerce business models over the past five years, payments startup Stripe is putting its transaction-based insights to good use in an effort to block fraudulent activity from its platform. Speaking with ZDNet, Stripe’s head of machine learning Michael Manapat said that internet businesses are in a uniquely liable situation of having to […]

BERLIN Europe’s political establishment entered 2017 in a state of panic. Britain had voted to leave the European Union six months before and the United States had just elected a president who was hostile to their grand project and the values it stood for. The same forces that had led to Brexit and Donald Trump – popular anger with distant elites, economic inequality and immigration – threatened […]

With the kick off of Microsoft’s Build 2017 developer conference this week, I’m expecting to hear the phrase “on the edge” more than a few times. Microsoft CEO Satya Nadella set the stage for the coming distributed computing/edge computing talk during the company’s recent earnings call with press and analysts. “When everyone’s talking about the cloud, the most interesting part is the edge of the cloud,” Nadella […]

Move faster, migrating reindeer!Image: Jeff J Mitchell/Getty Images By Maria Gallucci2017-05-07 18:32:09 UTC The producers of Norway’s smash-hit “Slow TV” genre have captivated audiences with videos of a 134-hour-long cruise voyage and 13 hours of people knitting.  But sometimes even Slow TV can be too slow. Norway’s public broadcaster NRK recently suspended a show following the progress of migratory reindeer because the animals stopped moving, The Local […]

File Photo Spyware developer FlexiSpy planned to lure researchers to disclose vulnerabilities in its software through HackerOne. HackerOne had other ideas. Last month, the surveillance firm revealed plans on Twitter to transfer its bug bounty program to HackerOne. The bug bounty program, created in the “interest of transparency,” would have offered researchers between $100 and $5000 to privately disclose bugs to the company. FlexiSpy said that the […]

May 7, 2017 by: Harriet Agnew and Michael Stothard in Paris The French go to the polls on Sunday to vote for their next president in a run-off election where they will pick between independent centrist Emmanuel Macron and Front National leader Marine Le Pen. They face a choice between two radically different visions for the eurozone’s second-largest economy. Mr Macron, a 39-year old rookie politician whose […]

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Zounds! ‘Tis Free Comic Book Day, when younglings and olds alike descend upon their local comic book merchants in search of the only nourishment that will slake their savage geek thirst: MOAR COMIC BOOKS.  But despite the feeding frenzy focused on the wonder secreted in the pages of these paper treasures, Free Comic Book Day is actually a sweet moment for many families when friends and family […]

Wall Street people underestimated how nasty and political the struggle over the post-Brexit fate of European clearing houses would become. This week the European Commission offered threats to London-based clearing houses and inducements for their customers to move their trade to the EU. €650bn Value of euro-denominated trades that clear through London each business day UK negotiators in turn demand that euro derivatives clearing should stay in […]

DUBAI // Social media has changed the face of diplomacy and governments must adapt to their loss of control over information, a US state department official says. Richard Buangan, managing director for international media engagement, said times had changed with the public’s growing access to information and news worldwide. “In diplomacy and media, a conversation can be the most powerful tool we have,” Mr Buangan said. “Conversations […]

Tens of thousands of Poles took part in an opposition protest in Warsaw on Saturday, accusing the ruling nationalist Law and Justice party of curtailing freedoms in the biggest show of popular discontent so far this year. As many as 90,000 marched chanting “We will defend democracy” and “Here is European Poland!” in the three-hour protest, organised by the opposition Civic Platform party, in conjunction with other […]

Loads of these guys have awesome Instagram accounts.Image: Paul Buck/Epa/REX/Shutterstock By Sam Haysom2017-05-06 08:30:00 UTC Warning: Contains spoilers for all seasons of Game of Thrones. We’ve still got far, far too much time to kill before Game of Thrones Season 7 kicks off, so what better way to fill the gaps between promos than with some good old fashioned Instagram stalking? Gone are the days when an […]

The Week in Fact-Checking is a newsletter from the American Press Institute and Poynter. Want it in your inbox every week? Subscribe here. In 2016, U.S. fact-checkers drew record traffic — but the Pants-on-Fire candidate still became the Pants-on-Fire president. This complicated reality could have led to big changes to the ways fact-checking is conducted in America. Yet the formats, tone and methods adopted by fact-checkers have […]

Authored by Jim Quinn via The Burning Platform blog, In Part One of this article I detailed how propaganda has been utilized by the Deep State for decades to control the minds of the masses and allow those in control to reap the benefits of never ending war. In Part Two I will discuss recent events, false flags, and propaganda campaigns utilized by the Deep State to […]

Many corporate leaders love BYOD, telling employees “Bring Your Own Device” to work, and with good reason. When employees use the device they’re most comfortable with to get their work done, they get more done faster. They will work from home, during their commute, and most any time they feel the need to. Beyond getting more and better work from their employees, employers eliminate investments in computing […]

Everyone just calm down.Image: Michael Loccisano/Getty Images By Kayla Bazile2017-05-05 15:40:12 -0400 Yeezy come back, you can blame it all on us. Kanye West has left the social media building as he appears to have deactivated his Twitter and Instagram as of Friday. If you do a search for his profiles, both sites show the same “Sorry, this page isn’t available” error message. Miss you already. Where […]

A research team has engineered a self-sustaining sensor platform to continuously monitor the surrounding environment without having an external power source. (via WSJ)

Families of three victims killed in the 2015 San Bernardino, California, shooting are suing Google, Facebook, and Twitter over claims that the tech companies knowingly allowed the Islamic State to share its propaganda on the respective social media and web platforms. The lawsuit was filed in the U.S. District Court for the Southern District of California on Wednesday, May 3. The 32-page complaint states that the three […]

Alex Kipman, main inventor of Microsoft’s HoloLens headset, reckons the smartphone’s time as the principal focus for innovation has passed. Gabriel Sama/CNET Apple’s iOS revenues are likely to reach $1 trillion this year, but the phone that’s driving Apple’s mobile business is a walking zombie, according to one Microsoft exec. The reign of the smartphone, championed by the 10-year-old iPhone, as the epicenter of innovation is over, […]

Credit: fdecomite More than 3 million people (three times previous estimates) are estimated to be actively using cryptocurrencies like bitcoin, finds the first global cryptocurrency benchmarking study by the Cambridge Centre for Alternative Finance. While many members of the general public may have heard of “bitcoin”, the first decentralised cryptocurrency launched in 2009, a new report from the Cambridge Centre for Alternative Finance (CCAF) paints a broader […]

WOLFSBURG, Germany Volkswagen (VOWG_p.DE) is targeting fixed productivity gains at its troubled core division through 2020 by pushing cost savings, stemming overseas losses and launching more higher-margin cars as the carmaker battles to overcome its emissions scandal. Positive development at Volkswagen’s namesake VW brand may continue throughout 2017, the carmaker said on Friday, building on a strong rebound in the first quarter when cost cuts helped operating […]

(Image: file photo) The UK government is planning to push greater surveillance powers that would force internet providers to monitor communications in near-realtime and install backdoor equipment to break encryption, according to a leaked document. A draft of the proposed new surveillance powers, leaked on Thursday, is part of a “targeted consultation” into the Investigatory Powers Act, brought into law last year, which critics called the “most […]

When NPR’s David Folkenflik was growing up in the Southern California town of Laguna Beach, he would occasionally visit an enormous newsstand where readers could find almost anything they wanted to read. The Economist was next to Time. The surfer magazines were next to the tattoo magazines. The fake or dubious news — the National Enquirers of the world — were also in their own slots, somewhere in the […]

Spotify and a host of European internet businesses have called on Brussels to crack down on what they see as troubling practices by the likes of Apple and Google. Big internet platforms “can and do abuse their privileged position”, according to a letter signed by the chief executives of Spotify, music streaming rival Deezer and German start-up investor Rocket Internet among others. Although the letter to the […]

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