Korean Banks Sue Newegg, Allege Massive Fraud, ‘Classic Ponzi Scheme’


A major lawsuit claims Newegg, ASI Corp, engaged in fraudulent transactions and built a major Ponzi scheme, defrauding four South Korean banks in the process.

The post Korean Banks Sue Newegg, Allege Massive Fraud, ‘Classic Ponzi Scheme’ appeared first on ExtremeTech.

The original article can be found here: https://www.extremetech.com/computing/257832-korean-banks-sue-newegg-allege-massive-fraud-classic-ponzi-scheme?source=Computing

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Uber driver caught by passenger allegedly receiving sex act from lady friend

Uber has reportedly suspended a driver after a customer claimed the man was engaged in sex acts with a woman during the “dangerous and inappropriate” trip.

The original article can be found here: http://www.foxnews.com/tech/2017/07/25/uber-driver-caught-by-passenger-allegedly-receiving-sex-act-from-lady-friend.html

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FTC Debates Cybersecurity Injury Standard

The U.S. Federal Trade Commission is engaged in an internal struggle over how it should assess the effect on consumers when businesses fail to provide proper e-commerce security. The outcome of the debate, which surfaced last month, will have a significant impact on the commission’s ability to initiate cybersecurity violation cases. Depending on the outcome, in fact, the legal issue could spill over to federal courts or even Congress for resolution.

The original article can be found here: http://www.ecommercetimes.com/story/82932.html?rss=1

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Suppliers Foxconn & ASE locked in fight to gain more orders from Apple

Article Image Key Apple suppliers Foxconn and Advanced Semiconductor Engineering are reportedly engaged in battle for control of a third company, Siliconware Precision Industries (SPIL), with the goal of obtaining more orders from Apple.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4aaab500/sc/28/l/0Lappleinsider0N0Carticles0C150C10A0C140Csuppliers0Efoxconn0Ease0Elocked0Ein0Efight0Eto0Egain0Emore0Eorders0Efrom0Eapple/story01.htm

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Apple has not approached Comcast about Web television deal

Amid rumors of an Apple branded streaming television service, Comcast asserts it has not engaged in any discussions with the company about licensing NBCUniversal content to air alongside programs from potential partners ABC, CBS, Fox and more.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/44df655c/sc/28/l/0Lappleinsider0N0Carticles0C150C0A30C270Capple0Ehas0Enot0Eapproached0Ecomcast0Eabout0Eweb0Etelevision0Edeal/story01.htm

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