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News & Articles By Arsenio Toledo
01/27/2023
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By Arsenio Toledo
US officials to talk with Dutch counterparts about restricting exports of chip-making gear to China
Officials from the United States are meeting with counterparts from the Netherlands in Washington, D.C. on Friday, Jan. 27, to talk about putting up new restrictions on exporting semiconductor manufacturing equipment to China. The two nations could reach an agreement on mutual export bans on the same day if they can agree on the details, […]
01/27/2023
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By Arsenio Toledo
Tax audit representation expert says new AI program used by IRS to target alleged tax evaders is EXTREMELY FLAWED
The Internal Revenue Service (IRS) is using an artificial intelligence (AI) program to target people the agency claims to be cheating on their taxes. The IRS claims these computer tools are used to detect fraud, identity theft, money laundering and any hidden assets that Americans may be hiding from the government. Typically, these kinds of illicit activities […]
01/24/2023
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By Arsenio Toledo
Big Banks team up to launch digital wallet that can compete with PayPal and Apple Pay… are you ready for your digital wallet social credit score enforcement?
Seven of the United States’ largest banks, including Wells Fargo, Bank of America and JPMorgan Chase, are teaming up to create a new digital wallet service that they hope can challenge the dominance of PayPal and Apple Pay. These seven banks claim that this new product will allow shoppers to pay at merchants’ online checkout […]
01/20/2023
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By Arsenio Toledo
China wants to legitimize censorship by creating UN convention that will criminalize dissemination of “false information” online
China is calling on the United Nations (UN) to hold a new international convention that will seek to criminalize the dissemination of “false information” online. The proposal was made by China during negotiations in Vienna, Austria about the provisions of a new UN treaty. There is broad support among the diplomats in the negotiations for a new […]
01/19/2023
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By Arsenio Toledo
Bank of America experiences disruption in online transactions, customers report funds missing from accounts
Bank of America recently experienced significant disruptions in online transactions conducted via the payment service Zelle. Many customers reported delays and funds missing from their accounts, including funds from Zelle deposits and transactions. The website DownDetector, which monitors the online statuses of websites, noted that Bank of America started experiencing problems around 1:40 a.m. on […]
01/11/2023
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By Arsenio Toledo
Cameron Winklevoss calls for Digital Currency Group CEO Barry Silbert to be removed, citing alleged lies about finances
Cameron Winklevoss, the co-founder of the cryptocurrency exchange Gemini, has penned an open letter calling for the removal of Barry Silbert as the CEO of the Digital Currency Group. The Digital Currency Group, or DCG, is a Stamford, Connecticut-based conglomerate that is the parent company of several high-profile cryptocurrency firms, including digital currency-focused news site CoinDesk […]
01/10/2023
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By Arsenio Toledo
HYPOCRISY: Federal Reserve warns banks against using crypto while planning to develop its own digital currency
The Federal Reserve along with other federal agencies have issued a joint statement warning banks against using cryptocurrencies just as the Fed is deliberating over possibly issuing a central bank digital currency (CBDC) in the United States. The Fed was joined in its statement by the Federal Deposit Insurance Corporation (FDIC) and the Office of […]
01/07/2023
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By Arsenio Toledo
Samsung Q4 2022 profits DROP 69% due to slowing global economy and plummeting demand for semiconductors
Global electronics manufacturing giant Samsung’s operating profits dropped by 69 percent in the fourth quarter of 2022. The downturn reduced Samsung’s operating profit to $3.4 billion in the quarter that ended in Dec. 2022. The company has cited the diminished demand for electronics products and semiconductors resulting from the slowing global economy as the main […]
01/05/2023
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By Arsenio Toledo
Autonomous KILLER BOTS to dominate battlefields soon as war in Ukraine leads to significant advances in drone technology
The ongoing conflict in Ukraine and the increased reliance of both sides on the use of unmanned aerial vehicles have led to significant advances in drone technology, which are bringing closer to reality the age when fully autonomous fighting robots dominate modern battlefields. The technology was introduced during the Vietnam War in the 1950s, when both […]
01/04/2023
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By Arsenio Toledo
Biden infrastructure bill includes provision to install KILL SWITCHES in new cars beginning in 2026
President Joe Biden’s infrastructure bill includes a provision that will force all newly made vehicles in the United States to have kill switches. Biden’s infrastructure bill, officially known as the Infrastructure Investment and Jobs Act, became law after passing through Congress in late 2021. According to former U.S. Attorney and Republican Rep. Bob Barr of […]
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