Canadian police arrest nine suspected members of Mafia clan over money laundering, illegal gambling

Canadian police on Thursday said they had arrested nine suspected members of a powerful Mafia clan with roots in southern Italy involved in money laundering and illegal gambling in the Toronto area, seizing C$35 million (an equivalent of $26.8 million) in assets, including five Ferraris. Over three days, police raided 48 cafes, businesses and residences… Read More Canadian police arrest nine suspected members of Mafia clan over money laundering, illegal gambling

Argentina designates Hezbollah as terror organization

Argentinian authorities designated Hezbollah, which it blames for two attacks on its soil, a terrorist organization on Thursday and ordered the freezing of the Lebanese Islamist group’s assets in the country. The announcement coincided with a visit by U.S. Secretary of State Mike Pompeo as Argentina marks the 25th anniversary of the deadly bombing of… Read More Argentina designates Hezbollah as terror organization

Impact Engine files lawsuit against Google over digital ad technology infringement

Alphabet Inc’s Google LLC was hit on Monday with a U.S. lawsuit alleging it copied a smaller firm’s patented digital advertising technology. Impact Engine Inc filed the complaint in federal court in San Diego, California, alleging various Google online advertising platforms, including Google Ads and Google AdSense, infringed on six patents. The allegedly violated patents,… Read More Impact Engine files lawsuit against Google over digital ad technology infringement

U.S. regulator approves $5billion settlement in Facebook user data case

The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company’s handling of user data, a source familiar with the situation said on Friday. The FTC has been investigating allegations Facebook inappropriately shared information belonging to 87 million users with the now-defunct… Read More U.S. regulator approves $5billion settlement in Facebook user data case

U.S. to issue licenses for sale of goods to Huawei provided no threat to national security

U.S. government will issue licenses to companies seeking to sell American-made goods to China’s Huawei where there is no threat to national security, Commerce Secretary Wilbur Ross said on Tuesday, but left key questions unanswered about what products will pass muster. Seeking to revive trade talks with China, U.S. President Donald Trump announced late last… Read More U.S. to issue licenses for sale of goods to Huawei provided no threat to national security

IBM acquires software company Red Hat in $34billion deal

International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business. Underscoring the drive into high-margin businesses, IBM in October agreed to buy Red Hat, the company’s biggest acquisition in its more than 100-year history. Ginni… Read More IBM acquires software company Red Hat in $34billion deal

U.S. appeals court rules President Trump’s blocking of Twitter critics as unconstitutional

U.S. President Donald Trump violated the Constitution by blocking people whose views he disliked from his Twitter account, a federal appeals court ruled on Tuesday. In a 3-0 decision, the 2nd U.S. Circuit Court of Appeals in Manhattan said the First Amendment forbids Trump from using Twitter’s ‘blocking’ function to limit access to his account,… Read More U.S. appeals court rules President Trump’s blocking of Twitter critics as unconstitutional