7 Alleged Pyramid Schemes and Scams
These companies that were accused (and sometimes convicted of) engaging in alleged pyramid schemes and other scams.
2023-05-11 03:29
Nvidia Partner Expects AI Server Sales to Double in 2024
Key Nvidia Corp. partner Quanta Cloud Technology expects to double sales of its artificial intelligence servers in 2024
2023-08-31 06:48
South Korean teachers hold mass protests after suicide highlights pressures from parents
Hundreds of thousands of teachers are protesting in South Korea after the suspected suicide of a teacher that was widely blamed on the burden on educators in a country notorious for its high-pressure education system.
2023-09-05 13:51
Man's legs turn purple in rare Covid complication
The effects of long Covid are still being uncovered by experts, and now doctors have been studying a rare complication that saw a man’s legs turn purple. A new research paper has been released which looks into the case of a 33-year-old man who had been infected with Covid 18 months earlier and experienced difficulties when standing up. His legs would turn purple when he did so, as well as tingling and itching, but things would return to normal when he lay down. The odd condition was diagnosed as POTS dysautonomia. This was determined after his pulse was found to rise to 127 beats per minute when standing, as well as feeling shaky and unsteady on his feet. The paper leads on from previous studies, which detected POTS in 20 people after they developed a Covid-19 infection. According to the new study published in The Lancet, there is "evidence is growing of a link between long Covid and POTS dysautonomia”. The paper’s co-author Dr Manoj Sivan said in a statement: "This was a striking case of acrocyanosis in a patient who had not experienced it before his Covid-19 infection. "Patients experiencing this may not be aware that it can be a symptom of long Covid and dysautonomia and may feel concerned about what they are seeing. Similarly, clinicians may not be aware of the link between acrocyanosis and long Covid." Dr Sivan added: "We need to ensure that there is more awareness of dysautonomia in long Covid so that clinicians have the tools they need to manage patients appropriately." Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-08-17 17:00
Do Kwon: South Korean cryptocurrency boss jailed in Montenegro for forging documents
Fugitive cryptocurrency chief Do Kwon, the entrepreneur sought by the US and South Korea in connection with a $40bn crash, was sentenced to four months in prison by a court in Montenegro. The 31-year-old South Korean national and Terraform Labs founder was found guilty of attempting to travel with a forged passport. He was arrested by the Montenegrin police in March as he tried to board a flight to Dubai at Podgorica Airport. Han Chang-joon, the former chief financial officer of Terraform Labs, was convicted of the same crime and handed a four-month sentence. The two were charged with forging official documents and placed in 30-day pre-trial detention. Police said they recovered doctored Costa Rican passports and a separate set of Belgian passports. Kwon and Chang-joon had pleaded not guilty at their first court hearing in May. The crypto boss reportedly told the court last week that he obtained the documents in Singapore through an agency selling citizenships of various countries and believed the passports to be genuine. Time spent in detention is included in the prison terms, and the pair can appeal the verdict, the Basic Court in Podgorica said. “Once we receive the verdict in writing, we will consult with our clients about possible appeal,” defence lawyer Goran Rodic told Bloomberg. The court has up to 30 days to officially notify the defence as well as the prosecutor’s office, the lawyer added. Both South Korea and the US have requested his extradition from Montenegro, while the courts in the country are yet to decide on those requests in separate proceedings. Kwon and five others connected to Terraform Labs are wanted due to allegations of fraud and financial crimes in relation to the implosion of its digital currencies in May 2022. The TerraUSD was designed as a “stablecoin", which are pegged to stable assets like the US dollar to prevent drastic fluctuations in prices. However, around $40bn in market value was erased for the holders of TerraUSD and its floating sister currency, Luna, after the stablecoin plunged far below its $1 peg in May. South Korea asked Interpol in September to circulate a “red notice” for Kwon across the agency’s 195 member nations to find and apprehend him. US regulators in February charged Kwon and his company Terraform Labs with “orchestrating a multi-billion dollar crypto asset securities fraud”. Read More Crackdown on firms marketing cryptoassets to be introduced by City regulator Singapore punishes state fund managers who invested in FTX Police: Crypto firm founder Do Kwon arrested in Montenegro North Korea ‘bitterly criticised’ officials for failed spy satellite launch Families in North Korea ‘starving to death’ due to lack of supplies – report MeToo: Taiwan rocked by wave of sexual harassment allegations sparked by Netflix show
2023-06-20 17:57
‘Wee the People’: Philly Residents Offer Name Suggestions for the City’s New Public Bathrooms
If you guessed someone would suggest ‘Gritty Sitty,’ you are absolutely right.
2023-06-30 21:17
Bosch CEO says US support needed for full expansion of California chip factory
By Sarah Wu and Stephen Nellis SAN FRANCISCO/TAIPEI (Reuters) -The top executive at German technology group Robert Bosch said on
2023-08-31 04:49
Biden Alaska Oil Plan Seen as Major Threat to Future Drilling
A century after the US set aside a broad swath of northwest Alaska to be used as an
2023-10-30 20:29
Panasonic Is Testing 'Power-Generating Glass' Panels for Buildings
Panasonic is testing "power-generating glass" which it expects to start selling by 2028 for use
2023-09-01 20:17
Diablo 4 Sales Top $666 Million After Launch Week
Diablo 4 sales are through the roof
2023-06-13 07:25
US offers $10 million reward for info on Russian hacker accused of cyberattack on major US police department
The US State Department on Tuesday offered a $10 million reward for information leading to the arrest or conviction of a Russian man accused of a 2021 ransomware attack on the Washington, DC, Police Department that led to the leak of sensitive police files.
2023-05-17 06:20
Apple to adopt system to improve texting between iPhones and Android devices
Apple is to adopt a messaging standard that will make texting between an iPhone and an Android device a better experience. The US technology giant has confirmed it will adopt the rich communication services (RCS) “later next year”. RCS is considered an industry standard for messaging and allows users to send and receive high-quality photos and videos, chat over wifi as well as mobile data and users are able to see when messages have been read – a range of features that currently do not exist or work to the same standard when messaging between an iPhone and Android. Until now, Apple has focused on its own messaging system – iMessage – which allows for seamless communication between iPhone handsets. Later next year, we will be adding support for RCS Universal Profile, the standard as currently published by the GSM Association. We believe RCS Universal Profile will offer a better interoperability experience when compared to SMS or MMS Apple spokesperson Adopting RCS alongside iMessage will likely make the experience of chatting to an Android user from an iPhone closer to the iMessage experience. In a statement given to industry news site 9to5Mac, Apple said: “Later next year, we will be adding support for RCS Universal Profile, the standard as currently published by the GSM Association. “We believe RCS Universal Profile will offer a better interoperability experience when compared to SMS or MMS.” The announcement of the proposed change also comes as EU regulators have continued to pressure Apple to make iMessage more interoperable with other services under its new Digital Services Act – legislation designed to rein in tech giants, improve competition and ultimately provide better, more accessible services for consumers. Earlier this week, smartphone maker Nothing also revealed its Android phones would begin to support iMessage via a new app. Read More ICO seeks permission to appeal against Clearview AI tribunal ruling Users of iPhones can now check bank balance from Wallet app VR tool aims to help rail passengers spot and safely tackle sexual harassment
2023-11-18 00:56
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