An officer with the Pacific Grove Police Department has been placed on administrative leave pending the outcome of an investigation into a post on social media, officials said Sunday.… Read More
A new bitcoin unicorn is about to be born. After days of rumors flying around the cryptocurrency industry, investigation firm Chainalysis confirmed exclusively to Forbes it expects to raise $100 million venture capital at a $1 billion valuation as soon as next week. Led by Tiger Global alum Lee Fixel’s newly founded venture capital firm, Addition, the Series C round is expected to be joined by previous investors Accel, Benchmark, and Ribbit.
Though Chainalysis CEO and co-founder Michael Gronager declined to share the actual revenue generated by the firm, Forbes estimates it made $8 million in 2018, and Gronager says its revenue increased by about 96% over the past year. With revenue expected to double next year and again in 2022, the investment is further evidence there’s more money to be made in crypto than by just buying low and selling high.
Apple will pay $113 million to settle a multi-state investigation of an iOS mechanism that throttled iPhone performance to prevent random shutdowns and preserve battery lifespan.
That mechanism, which came to light in 2017, drew scrutiny from consumers and regulators who saw it as evidence of a so-called “planned obsolescence” scheme. The investigation involves nearly three dozen states and was led by Arizona, Arkansas, and Indiana.
On Wednesday, the states secured a financial penalty and legal commitment by Apple to be more transparent about similar mechanisms in the future. Investigators from 34 states and Washington, D.C. joined the settlement, The Washington Post reported.
The lawsuit originates from an issue with the iPhone 6 in 2017. Aging iPhone batteries were causing devices to shut down intermittently during peak operations, especially when at a low percentage. Apple countered this by quietly releasing an update that would throttle peak processing power during
- Pope Francis’ Instagram account “liked” a racy photo of a Brazilian model
- The “like” was removed after news of the incident broke
- A group of staffers manages the pope’s social media accounts
The Vatican has launched an investigation into Pope Francis’s Instagram account after it “liked” a racy photo of a Brazilian model.
Natalia Garibotto, a model and influencer, had shared a post in early October that featured her in a revealing, schoolgirl-style clothing. She captioned it with a devil horn emoji, along with the line: “I can teach you a thing or two.”
Earlier this month, Pope Francis’ official account, @franciscus, was found to have “liked” Garibotto’s photo. The “like” led the model’s management company, COY Co, to repost the image on its own Instagram account Friday, saying they have “received the POPE’S OFFICIAL BLESSING.”
Garibotto, who has 2.4 million followers, also reposted a video showing that
NEW YORK, Nov. 17, 2020 /PRNewswire/ — Market leading web intelligence company Cobwebs Technologies (Cobwebs) has launched the only available, fully automated web investigation platform capable of unified identity resolution to the corporate security market. The law enforcement grade platform’s AI and machine learning (ML)-powered algorithms’ ability to extract targeted intelligence from the web’s big data and deliver trustworthy threat intelligence is unprecedented.
“Currently, corporate security teams have limited investigative, threat intelligence and detection capabilities because many use disparate systems only capable of monitoring the surface web. Some still use time-consuming and error-prone manual investigative processes. Cobwebs makes these outdated processes redundant,” explains Johnmichael O’Hare, sales and business development director at Cobwebs Technologies. “Cobwebs allows corporate security teams to bridge the digital and physical world with its ability to deanonymize threat actors anywhere. No one else has this capability. Our technology is already battle-proven and used by law
Service NSW, the New South Wales government’s one-stop shop for service delivery, in April 2020 experienced a cyber attack that compromised the information of 186,000 customers.
Following a four-month investigation that began in April, Service NSW said it identified that 738GB of data, which comprised of 3.8 million documents, was stolen from 47 staff email accounts.
Service NSW assured, however, there was no evidence that individual MyService NSW account data or Service NSW databases were compromised during the attack.
“This rigorous first step surfaced about 500,000 documents which referenced personal information,” Service NSW CEO Damon Rees said in September. “The data is made up of documents such as handwritten notes and forms, scans, and records of transaction applications.”
In delivering its 2020-21 Budget on Tuesday, the government revealed the legal and investigative cost it is expected to incur from the attack.
“In April 2020, Service NSW alerted police and authorities