According to the New York Times, Ilya Lichtenstein and Heather Morgan were charged with conspiracy to launder billions of dollars worth of Bitcoin.Credit. Questions: What was the Bitfinex hacking? What was the role of the complex shuffling of Bitcoin by the couple in the fraud in January 2017? When the government executed a search… Read more »
Posts Tagged: Internet
China’s New Tough Stance on Tech
According to the New York Times, despite the fact that Jack Ma and other entrepreneurs have prospered under Beijing’s laissez-faire attitude toward the business side of the internet, new investigations by China’s authoritarian government indicate that the dynamic is shifting as the companies have grown in power. Questions: What is the investigation into Alibaba about?… Read more »
Scamdemic
According to the Department of Justice, three family members were arrested in New York for misrepresenting employee payroll figures to receive COVID-19 loan funds for a chain of family-owned nail salons. Questions: According to the report, how was the payroll misrepresented by this family? What federal organizations were involve in the identification of these fraudsters?… Read more »
Turns Out: Low-Tech, Simple and Likely Cheaper Masks are Better in Some Respects
According to the Washington Post, face masks with the coin-sized valves on the front may not be as good at preventing the spread of the novel coronavirus as the seemingly lower-tech, non-valved masks. Questions: Why are the lower-tech masks better at preventing the spread of COVID-19? Do medical masks have the valves? What does the CDC recommend… Read more »
Biggest Ever!
Cyber Monday proves to be the biggest shopping day ever! Because of this, according to Bloomberg, Cyber Monday may provide a big revenue boom for state and local governments. Questions: 1. What is the reason for the big revenue boom for state and local governments? 2. According to Kroll Bond Rating Agency, how much revenue… Read more »
Can you Alter what the Internet says about you? Ask UC – Davis.
To improve the reputation of the University of California, Davis, and its Chancellor, Linda P.B. Katehi, after the November 2011 pepper spraying of students, the university contracted with consultants for at least $175,000 to scrub negative online Internet postings about the incident. Questions: 1. Explain what percentage the strategic communications budget increased by from 2009… Read more »
Pace Yourself
Facebook announced on Thursday that it wants to transform education, similar to the way it transformed communication with its social networking service. Questions: 1. What does Facebook see as the benefit to the new software? 2. Why are critics skeptical of Facebook’s adherence to privacy issues? Give examples. 3. How much have Mr. Zuckerberg and… Read more »