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Suspected developer of crypto mixer Tornado Cash arrested

By CarolynClarkDFW on August 12, 2022   /   Social Media   /   Leave a comment
Suspected developer of crypto mixer Tornado Cash arrested

The Dutch government agency responsible for investigating financial crimes said it has arrested a developer suspected of being involved with crypto mixing service Tornado Cash in a move that has rattled some crypto and privacy advocates. The Fiscal Information and Investigation Service said Friday that the arrested 29-year-old

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Amazon launches AWS Private 5G so companies can build their own 4G mobile networks

By CarolynClarkDFW on August 12, 2022   /   Social Media   /   Leave a comment

Amazon’s cash-cow cloud division AWS has launched a new service designed to help companies deploy their own private 5G networks — eventually, at least. AWS first announced AWS Private 5G in early preview late last year, but it’s now officially available to AWS customers starting in its

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Google fined $40M+ for misleading location-tracking settings on Android

By CarolynClarkDFW on August 12, 2022   /   Social Media   /   Leave a comment

Google has been sanctioned A$60 million (around $40M+) in Australia over Android settings it had applied, dating back around five years, which were found — in a 2021 court ruling — to have mislead consumers about its location data collection. Australia’s Competition & Consumer Commission (ACCC) instigated

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Samsung heir receives presidential pardon in a bid to ‘overcome economic crisis’

By CarolynClarkDFW on August 12, 2022   /   Social Media   /   Leave a comment

Samsung Electronics vice chairman Jay Y. Lee will receive a presidential pardon on Monday, South Korea’s Ministry of Justice said, paving way for the heir to the country’s biggest company to regain power at the top. Lee was paroled from prison last year after serving 18 months

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Amazon-owned MGM makes a viral video show with surveillance footage from Amazon-owned Ring

By CarolynClarkDFW on August 11, 2022   /   Social Media   /   Leave a comment

MGM (which is owned by Amazon) is making a viral video show based on footage from Ring security cameras (also owned by Amazon). The syndicated television show, “Ring Nation,” is poised to be a modern-day, surveillance-tinged spin on “America’s Funniest Home Videos” with Wanda Sykes as host.

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Facebook avoids a service shut down in Europe for now

By CarolynClarkDFW on August 11, 2022   /   Social Media   /   Leave a comment

Facebook has avoided the risk of being forced to shut its service down in Europe this summer as a result of the latest twist in a long-running data protection complaint saga that relates to a clash between EU privacy and US surveillance law. The delay — in

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Google Meet’s new feature lets users consume YouTube and Spotify together

By CarolynClarkDFW on August 11, 2022   /   Social Media   /   Leave a comment

As Google continues the great merger between its Duo and Meet video communications apps, the company today announced that it’s introducing new Apple SharePlay-like live-sharing features to Meet, making it easier for call-participants to engage with content together in real time. It’s worth noting that Google already

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A new ‘Institutional Angel’ fund is an example of the UK’s continuing ability to innovate in venture

By CarolynClarkDFW on August 11, 2022   /   Social Media   /   Leave a comment

The UK’s Enterprise Investment Scheme has been a power-house for startups out of the UK because it allowed Angel investors to invest in a very tax-efficient manner. Launched in 1994, it was designed to encourage investments in small unquoted companies. As Wikipedia will tell you, by end

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Kenyan B2B e-commerce platform Marketforce cut about 9% of staff in reorganization strategy

By CarolynClarkDFW on August 11, 2022   /   Social Media   /   Leave a comment

Kenyan retail B2B and end-to-end distribution platform Marketforce laid off a chunk of its workforce in July, according to sources familiar with the matter.  In an email sent from Marketforce CEO Tesh Mbaabu and obtained by TechCrunch, the layoffs were a part of a reorganization strategy in

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Farther, a wealth tech firm, banks $15M Series A as valuation hits $50M

By CarolynClarkDFW on August 11, 2022   /   Social Media   /   Leave a comment

Building wealth is a long process and can be complex, but Farther is bringing both technology and advisors to the table to make these kinds of services more accessible. The wealth technology company was co-founded in 2019 by Taylor Matthews and Brad Genser, who say Farther is

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