Authorities have arrested two men and charged them with plotting to steal half a million dollars worth of cryptocurrency via SIM-swapping. Eric Meiggs, 21, of Brockton, Massachusetts, and Declan Harrington, 20, of Rockport, Massachusetts, were charged in an 11-count indictment, facing allegations of one count of conspiracy, eight counts of wire fraud, one count of computer…
It appears that at least the United States has started taking the threat of Sim Swapping attacks very seriously. Starting with the country’s first-ever conviction for ‘SIM Swapping’ this February, U.S. Department of Justice has since then announced charges against several individuals for involving in the scheme to siphon millions of dollars in cryptocurrency from…
Tesla gained ground and moved up four spots in the latest Annual Auto Reliability Survey from Consumer Reports, thanks largely to improvements with the Model 3. Reliability has improved in the Model 3 and Model S enough that Consumer Reports can now recommend the two models. Consumer Reports announced Thursday the results of its Annual…
The problem of how to find the potential treasure trove hidden in millions of pounds of trash is getting a high-tech answer as investors funnel $16 million into the recycling robots built by Denver-based AMP Robotics. For recyclers, the commercialization of robots tackling industry problems couldn’t come at a better time. Their once-stable business has…
Homeis, a startup building networking tools for immigrant communities, officially launched its community for Mexican immigrants this week. Co-founder and CEO Ran Harnevo (pictured above) previously founded video syndication company 5min, which was acquired by AOL, where he served as the global president of the company’s video division. (AOL also bought TechCrunch and then was…
Surely just about everyone was surprised when the Department of Defense last month named Microsoft as the winner of the decade-long, $10 billion JEDI cloud contract — none more so than Amazon, the company everyone assumed all along would be the winner. Today the company confirmed earlier reports that it was challenging the contract award…
Stephen Eaves, the chief executive of a new startup which promises to overlay data on electricity distribution has spent years developing data management technologies. Eaves’ first company, the eponymous Eaves Devices focused on energy systems in aerospace and defense — they converted the military’s fleet of B2 bombers to use lithium ion batteries. The second…
German fashion house Hugo Boss has been applying advanced analytics to its production plants in four ways, it told IoT Solutions World Congress in Barcelona last week. These variously cover predictive maintenance, line optimisation, and efficiencies around consumption of materials and energy. Speaking during a panel session during the Barcelona show, Erkut Ekinci, the company’s…
Alex Stamos rose to fame as the former chief security officer for Yahoo and then Facebook. But today he’s the director of Stanford’s Internet Observatory, where he’s immersed in teaching and research safe tech — and understands better than most the threats that the U.S. is facing, particularly as we sail toward the next U.S.…
YouTube just changed a major rule for anyone who uploads videos, ostensibly to protect kids — but now content creators are confused as to how to follow it. Starting next year, all YouTube content creators will have to tick a box when they upload a video, indicating whether or not said video is “kid-directed.” Creators…
