Steven Musil / CNET:
An ex-Apple employee, Dhirendra Prasad, pleaded guilty to mail and wire fraud charges after defrauding Apple of $17M+, including via kickbacks, starting in 2011 — Former parts buyer engaged in theft, taking kickbacks and inflating invoices, prosecutors say. — Steven Musil
CNBC:
The Southern District of New York charges SBF with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, money laundering, and more — – Federal prosecutors in the Southern District of New York unsealed eight seperate charges against disgraced FTX co-founder Sam Bankman-Fried …
Steven Musil / CNET:
Google discontinues Google Translate in mainland China, one of the last remaining services the company provides in the country, citing “low usage” — The service was one of Google’s last remaining offerings in the country. — Steven Musil — Steven Musil is the night news editor at CNET News.
New York Times:
Source: US prosecutors charge Sam Bankman-Fried with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering — A statement by the government of the Bahamas said Mr. Bankman-Fried was arrested after prosecutors in the United States filed criminal charges.
Luc Cohen / Reuters:
Nikhil Wahi, the brother of Coinbase PM Ishan Wahi, pleaded guilty to a wire fraud charge in an ongoing insider trading case, the first of its kind in crypto — The brother of a former Coinbase Global Inc (COIN.O) product manager pleaded guilty on Monday to a wire fraud conspiracy charge …
The Information:
Source: Israeli cybersecurity company Cybereason, which is valued at $2.5B, is looking for a buyer after abandoning plans to go public earlier in 2022 — Cybereason, a prominent Israeli security software firm valued at $2.5 billion by investors including Google, SoftBank …
Steven Musil / CNET:
Samsung Q3: operating profit down 31%+ YoY to $7.65B, revenue up ~4% YoY to $54.1B, semiconductor sales down 14% YoY; first quarterly profit decline in ~3 years — Samsung’s quarterly profit declined in the third quarter for the first time in nearly three years economic uncertainty continues …
Please confirm you want to block this member.
You will no longer be able to:
Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.
