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Highest Shares Reached by Facebook with Surge in Mobile Ad Sales

Highest Shares Reached by Facebook with Surge in Mobile Ad Sales

Analysts revealed earlier this week that Facebook shares increased by over 4% with stocks rising up to 44% within the year. The company has reached a record high in shares, with its mobile ad business also growing by 50% in Q2. Mobile ad revenue rose from 84% last year to 87% this year, earning $9.16 billion in the recent quarter. Facebook is placing more ads in Instagram and its ever busy news feed—the company’s largest driver of income. And despite giving warnings on the news feed’s maximum ad load, it has not shown signs of waning. Facebook chief executive Mark […]

Malaysia Authorizes E-Hailing Operations, Rivals Grab and Uber Expand

Malaysia Authorizes E-Hailing Operations, Rivals Grab and Uber Expand

Kuala Lumpur, Malaysia — In a report last Thursday, two laws were passed by the Malaysian legislature that will legitimize e-hailing operations. The news comes in the wake of ride-hailing companies Grab and Uber’s expansion plans. Malaysia’s Land Public Transport Act and the Commercial Vehicles Licensing Board (CVLB) Act did not have provisions that allowed ride-sharing companies to run legally. With the law’s amendment, the companies can now have their own business license that suits the nature of the service. Ride-hailing was agreed upon last year by the Cabinet of Malaysian Prime Minister Najib Razak, despite cab driver groups protesting […]

U.S. Claims Russia Used Facebook in an Attempt to Spy on Macron’s Campaign

U.S. Claims Russia Used Facebook in an Attempt to Spy on Macron’s Campaign

San Francisco, California — Reports last Thursday revealed U.S. speculation that Russians were making fake Facebook accounts to spy on the political campaign of French President Emmanuel Macron.   Sources claim that almost two dozen phony Facebook accounts were made to infiltrate Macron campaign staff during their crusade to beat political opponent Marine Le Pen. In response, Facebook got in touch with U.S. officials, saying there is no reason to think the spies delved far enough to hack intelligence data from the campaign. Back in April, Facebook stated that they implemented measures against dummy accounts to fight the outbreak of […]

Facebook Sponsors Harvard-Based NGO to Stop Election-Related Cyber Attacks   

Facebook Sponsors Harvard-Based NGO to Stop Election-Related Cyber Attacks   

Las Vegas, Nevada — Facebook announced that it will provide funds to a nonprofit group that fights cyber criminals leading propaganda attacks against campaign networks, political groups, and voting systems, according to news last Thursday.   Facebook head security official Alex Stamos said they aim to help develop an autonomous Information Sharing and Analysis Organization (ISAO) that collates groups that may be at risk of threats. They are also connecting with other technology organizations to aid them with the matter. The project, called Defending Digital Democracy, will be headed by Mitt Romney and Hillary Clinton and stationed in the Kennedy […]

SEC Seeks to Regulate Cryptocurrency Offerings in Wall Street

SEC Seeks to Regulate Cryptocurrency Offerings in Wall Street

New York– According to reports last Wednesday, the Securities and Exchange Commission (SEC) decided that initial coin offerings (ICO) in Wall Street must undergo the same regulations as standard investments. The SEC explained that cryptocurrency tokens are regarded as securities which require registration lest there are more reasonable lines for exemption. According to sources, there are fund raising projects being instigated by inexperienced traders with unrealistic business proposals. Another alarming concern is posed by cyber attackers that steal ICO funds, funneling cryptocurrency straight into their own accounts. SEC enforcement co-director Stephanie Avakian stated that innovations in how digital currency works […]

Greece Captures Alleged Russian with Bitcoin Laundering Chain Worth $4 Billion

Greece Captures Alleged Russian with Bitcoin Laundering Chain Worth $4 Billion

Athens-Moscow-New York — Last Wednesday, Greek authorities finally caught international fugitive Alexander Vinnik, the leader of a massive Bitcoin laundering operation since 2011. Based in Russia, Vinnik is said to have laundered roughly $4 billion Bitcoins by running one of the most infamous cyber crime websites in the world. Bitcoin is the first cryptocurrency that employs hidden transactions through encryption, making it hard for traditional financial firms to regulate. The Russian suspect was captured following a slew of U.S. crack downs against Russian hackers, with authorities closing the AlphaBay dark web market last week. However, according to sources, there are […]

Free Anti-Virus Being Rolled Out By Kaspersky Lab

Free Anti-Virus Being Rolled Out By Kaspersky Lab

According to news last Wednesday, free anti-virus protection will be provided by Russian security company Kaspersky Lab to users worldwide. In a blog published by Eugene Kaspersky, the free version of the antivirus offers basic system protection, including automatic updates, self-defense, quarantine, email, and file, among several initial features. The software is said to ensure protected online browsing against phishing and malicious files that can be run on a user’s system. Kaspersky states that the free anti-virus will not go head-to-head with its paid version. Although it offers basic protection, they believe it covers enough security grounds for systems. The […]

Free Decryption Tool Now Available for Standard Versions of Petya Ransomware

Free Decryption Tool Now Available for Standard Versions of Petya Ransomware

Researchers have released a free decryption tool to aid affected Petya ransomware users in recovering their data, according to news last Wednesday. Sources say the decryption tool can address original versions of Petya like GoldenEye, Green Petya, and Red Petya, but not the PetrWrap or NotPetya strains. After the NotPetya infection, ransomware originator Janus disclosed the master key for the strain. Malwarebytes cyber security researchers then took it upon themselves to analyze it and release a decryptor. Though the free decryptor helps users retrieve files, researchers warn of problems that may arise once it’s run. Tests revealed that the program […]

Authorities Can Now Force Suspect to Give up Passwords in New S. Australia Law

Authorities Can Now Force Suspect to Give up Passwords in New S. Australia Law

South Australia — Last Wednesday, the government of South Australia announced that they will create new laws that require suspects of child-exploitation cases to surrender their passwords. According to state attorney-general John Rau, the new rule is geared towards aiding courts and authorities in indicting cases that involve sensitive child abuse data. Current regulations hinder police from searching suspects’ computers, straining investigations from obtaining solid evidence. Rau also states that updating the law can seriously help stop criminals that devise new methods of perpetrating crimes. The proposal comes in the wake of many sexual exploitation cases involving children who were […]

Fact-Checking Website Snopes May Close Over Dispute with Ad Vendor

Fact-Checking Website Snopes May Close Over Dispute with Ad Vendor

Last Monday, fact-policing website Snopes declared that they were in danger of being shut down after 23 years due to conflict with Proper Media. According to Snopes founder David Mikkelson, the site was being held captive by Proper Media, keeping them from creating alterations. The ad vendor, he claims, is also putting up new ads and obtaining income from currently running ads. Mikkelson hired Proper Media for online development and help garner ad revenue. However, when Mikkelson divorced in 2016, Proper Media acquired 50% of his former wife’s shares. Since then, he’s been in conflict with the company, claiming they […]