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SoftBank is Letting Internet Satellite Company OneWeb File For Bankruptcy
Mar 30@12:30pm: SoftBank has decided to let satellite internet provider OneWeb file for bankruptcy rather than pump billions of dollars into the start-up to save it. From a report: SoftBank, which has already invested $2 billion into OneWeb, was in talks to provi... [from Slashdot]
Hacker Hijacks Microsoft YouTube Accounts To Broadcast Crypto Ponzi Scam
Mar 30@11:51am: A hacker has hijacked all of Microsoft's official YouTube accounts and is broadcasting a cryptocurrency Ponzi scam to all of the company's subscribers, ZDNet reported Monday. From the report: The hijacked accounts are still streaming at the time o... [from Slashdot]
The Tech Industry's Tectonic Shift
Mar 27@10:53am: As COVID-19 continues to spread, states and cities across the U.S. have imposed restrictions -- from banning large gatherings to lockdowns, with citizens ordered to stay home except for essential jobs and errands, or get outdoor exercise. These st... [from E-Commerce Times]
Report: E-Commerce Account Takeovers, Shipping Fraud on the Rise
Mar 25@2:07pm: E-commerce account takeovers increased 347 percent and shipping fraud jumped 391 percent from 2018 to 2019, a fraud and identity solutions company reported. Fraudsters are gaining access to accounts using credential stuffing, romance scams, social... [from E-Commerce Times]