One year ago today a group of more than 300 journalists in 79 countries sent a powerful message to the corrupt: you can no longer hide. The publication of the Panama Papers on 3 April 2016 was a shot heard around the world against corruption. Suddenly one of the most closely held secrets of the biggest criminals was revealed – where and how they hide their money. […]
Dallas Mayor Mike Rawlings has finally reached his maximum willingness to throw taxpayer dollars at the Dallas Police and Fire Pension (DPFP) system and has pulled is support for a bill that, if it passes, will undoubtedly prove to be yet another futile effort to save the system from insolvency. Despite support for the original legislation introduced by Dan Flynn, chair of the pensions committee in the […]
An American of Iranian descent arrested in Iran in July and sentenced to 18 years’ imprisonment on dubious charges has been released on bail after he went on a hunger strike, rights activists reported on Monday. The American, Robin Shahini, who is 46 or 47, was released about two weeks ago, just before the start of Nowruz, the Persian New Year, according to the Center for Human […]
People who use or trade personal information obtained illegally can now be charged with an offence even if they did not perform the hacking to retrieve the data, after changes to cyber security laws were passed yesterday. In amending the Computer Misuse and Cybersecurity Act, the Government is moving to keep pace with the evolving nature of cybercrime and criminal acts that target computer systems. Besides criminalising […]
Dubai, UAE – April 3, 2017 BlackBerry Limited (NASDAQ: BBRY; TSX: BB) today shared new details on its broad licensing strategy which addresses the growing need for secure, connected devices and endpoints in today’s Enterprise of Things. The first phase of BlackBerry’s strategy, announced in September 2016, was focused on providing the most secure and comprehensive Android software for smartphones around the world manufactured and marketed […]
Journalism has a trust problem. In the run-up to the 2016 election, a Gallup poll revealed Americans’ trust in the press had sunk to an all-time low, with just 32 percent surveyed they felt “a great deal” or “a fair amount” of trust in the mainstream media. Whether it’s criticism from the Trump administration, the failure of the media to correctly forecast the outcome of the 2016 […]
Investors face a test of nerve as the second quarter beckons. The rally in US stocks and the dollar sparked by the election of Donald Trump is looking stretched, amid doubts about the president’s ability to deliver fiscal stimulus for the economy that can justify lofty equity valuations. The shifting mood has spurred money into emerging markets and European stocks, with EM currencies enjoying a stellar March […]
By Yashaswini Swamynathan U.S. stocks were flat on Monday, with investors awaiting the earnings season to justify high valuations, and, more immediately, the implications of President Donald Trump’s “very difficult” meeting with Chinese President Xi Jinping. Trump said in a tweet last Thursday that the meeting over the coming Thursday and Friday would be “a very difficult one” as the United States could not risk massive trade […]
To Jeremy Grantham, co-founder and chief investment strategist of the Boston asset manager GMO, the earth’s changing temperature is an investment imperative as well as a question of ethics. “The climate is moving much faster than people think, and the responses are going to move much faster as well”, he says, arguing that measures to help polluters announced last week by the administration of Donald Trump may […]
Australia’s house prices are rising at their fastest pace in seven years, igniting fears of an emerging property bubble and prompting regulators to crack down on risky bank lending. New figures on Monday show residential property prices have increased 12.9 per cent in the past 12 months, with prices in Sydney surging 18.9 per cent — the fastest rate of growth in almost 15 years. “Four of […]
Since it first entered service with the Soviet army in 1948, the AK-47 and its derivatives have become the world’s most widely used assault rifles. As Statista’s Niall McCarty writes, in his book “AK47: The Story of The People’s Gun”, author Michael Hodges estimates that there are as many as 200 million Kalashnikov rifles in circulation, one for every 35 people on earth. Its popularity among soldiers, […]
The Australian Privacy Foundation (APF) has recommended that the Department of Human services (DHS) reform its automated debt recovery process and bring back the “human” involvement that was replaced with the new data-matching technology. In its submission [PDF] to the Senate Community Affairs References Committee, the APF noted several serious concerns about the automatic data matching system used by Centrelink, citing problems with relying on technology as […]
To Jeremy Grantham, co-founder and chief investment strategist of the Boston asset manager GMO, the earth’s changing temperature is an investment imperative as well as a question of ethics. “The climate is moving much faster than people think, and the responses are going to move much faster as well”, he says, arguing that measures to help polluters announced last week by the administration of Donald Trump may […]
TEMPO.CO, Jakarta – Jakarta gubernatorial candidate pair Anies Baswedan and Sandiaga Uno skipped an unofficial gubernatorial debate at local channel Kompas TV called ‘Debat di Rosi’ aired on Sunday evening, April 2, 2017. Anies-Sandi campaign team has revealed the reasons behind their absence. Anies-Sandi media team deputy head Naufal Firman Yursak said that the team had never confirmed the candidate pair’s agreement to attend the debate. “But the […]
China’s Huishan Dairy raised millions of dollars by selling shadow bank products labelled as “low risk” to the public last year, only months before missed loan payments sent creditors scrambling to protect themselves, according to exchange listings in north-east China. Huishan’s share price plunged 85 per cent in Hong Kong on March 24 amid reports — which the company denies — that chairman and controlling shareholder Yang Kai embezzled Rmb3bn […]
The number of lease renewals at reduced rents is three times higher in Dubai than it was at the bottom of the last market trough in 2012, according to the managing director of CBRE Middle East. Preliminary findings from CBRE research expected to be published in May indicates that landlords are increasingly flexible on lease renewal terms as they seek to retain existing tenants rather than risk […]
Image: Kharnagy I’ve never seen a topic in IT become so popular, so fast, while so many people in the field still have only a vague idea of what it is and how it can help them. DevOps promises that it will change the way businesses run their technology stack–shedding old ways of operating that were once efficient, but are now holding back the enterprise. When you […]
NEW YORK Tesla Inc (TSLA.O), the U.S. luxury electric car maker, said on Sunday first-quarter vehicle deliveries jumped 69 percent from a year ago to a quarterly record of 25,000 vehicles, bouncing back from delays in the previous quarter. The company said of the total vehicles delivered, about 13,450 were Model S sedan and about 11,550 were Model X sports utility vehicle. Tesla has said it expects […]
JAKARTA Indonesian rescuers, joined by police and soldiers, found one body and continued to look for 28 other people feared to be buried after a landslide triggered by heavy rain on Indonesia’s Java island, a spokesman for the national disaster agency said. The mud and debris from Saturday’s landslide in a village in the Ponorogo area of East Java had engulfed more than 20 houses after sliding […]
Huaqiangbei electronics market in downtown Shenzhen is a gadget geek’s paradise, selling everything from individual semiconductor chips to roll-up drum kits to hoverboards. For some, it is also the culprit for the declining fortunes of US wearable tech companies such as GoPro and Fitbit. “[Their] problem essentially is Shenzhen,” says Richard Windsor, founder of independent research company Radio Free Mobile. “It makes much cheaper cameras that are […]
The Project Zero Prize sought bugs that gave an remote code execution on multiple Android devices when only the phone number and email address of the target device were known. Image: Laurent Delhourme, Getty Images/iStockphoto Google’s Project Zero bug-hunting group hoped that launching a special six-month hacker prize with a top payout of $200,000 would uncover novel remote code execution (RCE) attacks on Android. However, the prize […]
BEIRUT An Iranian-American detained in Iran since last summer has been released on bail of approximately $60,000, the Human Rights Activists News Agency (HRANA) reported Sunday. Robin Reza Shahini was arrested by the Revolutionary Guards while visiting family in the northeastern city of Gorgan last July and subsequently sentenced to 18 years imprisonment on charges of threatening national security, according to HRANA. Shahini went on a hunger […]
Here are the main questions facing markets as a new trading week and the start of the second quarter beckons. What are the likely drivers?A host of market-moving events confront investors as the calendar flips over to April. These include France’s presidential elections and the opening salvos of the UK’s divorce from the EU. But there is also the prospect of a sustained recovery in global activity, […]
Samsung Galaxy S8. Photo by Michael Krigsman. Samsung’s Unpacked launch party this week for the long-awaited Galaxy S8 phone was a gadget lover’s dream. From the bright screen to its waterproof body, the phone is exciting. Although the Galaxy S8 and its larger brother/sister, the S8+, have received a lot of attention, one enterprise showpiece is a new docking station called the DeX Station , which is […]
