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News & Articles By Arsenio Toledo
01/03/2023
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By Arsenio Toledo
Apple gathers user data and sells it to advertisers
Your iPhone is listening in on your conversations, letting it know when you mention a certain product or service. And then, as if on cue, an ad for the exact thing you talked about will pop up on your device. Users of iPhones can use voice assistant apps like Siri. For these apps to work, they […]
12/21/2022
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By Arsenio Toledo
Coming economic collapse will be used to close banks and introduce central bank digital currencies
The coming global economic collapse will come with it the quick adoption of central bank digital currencies (CBDCs) around the world This is according to Clive Thompson, former managing director at Union Bancaire Privee, a private bank and wealth management firm in Geneva, Switzerland. He warned that this coming global financial crisis will start in one country and spread […]
12/21/2022
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By Arsenio Toledo
EU slaps Meta with antitrust charges for allegedly squeezing out classified ad rivals
Meta Platforms, the parent company of Facebook, has just been hit with a formal complaint by antitrust watchdogs in the European Union (EU) for allegedly squeezing out rivals of its classified ad services. On Monday, Dec. 19, the European Commission issued a statement of objections to Meta, which is now facing potential fines or charges if it […]
12/20/2022
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By Arsenio Toledo
Investors are leaving the cryptocurrency industry en masse as collapse continues
More investors are leaving the cryptocurrency industry as the values of crypto assets continue their freefall. Cryptocurrency fund asset managers saw their investors withdraw $20 billion worth of assets from the crypto industry in November. This accounts for nearly 15 percent of total crypto assets under management (AUM), bringing the collective AUM of crypto fund […]
12/14/2022
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By Arsenio Toledo
Bahamian government wants to take back $256 million-worth of luxury properties bought by FTX executives (with other peoples’ money)
Lawyers in the Caribbean archipelagic nation of the Bahamas say FTX founder and CEO Sam Bankman-Fried and co-CEO Ryan Salame spent $256.3 million buying different properties in the country. Now, regulators want all of these properties returned to the state. The Bahamian officials went to a federal court in Delaware asking the court to dismiss FTX’s […]
12/14/2022
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By Arsenio Toledo
Foxconn spends $500 million to expand manufacturing in India, reduce reliance on tumultuous iPhone plant in China
Taiwan’s Foxconn Technology Group has just announced a $500 million investment to expand its operations in India as it seeks to diversify its supply chain after labor unrest in its massive plant in Zhengzhou, China, disrupted manufacturing. Foxconn is one of the largest electronics contract manufacturers in the world. Its plant in Zhengzhou, known as […]
12/12/2022
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By Arsenio Toledo
Latest “Twitter Files” drop proves Twitter has SECRET BLACKLISTS of prominent conservatives
The latest installment of the “Twitter Files,” Elon Musk’s effort to be transparent about the social media platform’s past role in suppressing free speech, has revealed that previous Twitter executives kept “secret blacklists” of prominent conservatives. Musk shared the files with two independent journalists, Matt Taibbi and Bari Weiss, who went on to talk in […]
12/02/2022
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By Arsenio Toledo
Bank customers FURIOUS after HSBC announces closure of 114 UK branches
International banking giant HSBC has announced that 114 of its branches in the United Kingdom will be closing beginning on April 2023, drawing fury and disappointment from the bank’s many customers. HSBC’s recent announcement is just the latest in a series of bank closures that have occurred in the U.K. since 2020. Earlier this year, […]
12/02/2022
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By Arsenio Toledo
Medibank hackers release 6.5GB of stolen data in response to Australian health insurer’s refusal to pay ransom
The Russian hacking group that stole the personal health data of nearly 10 million Australians from the country’s largest medical insurer have released all of the remaining stolen data on the dark web, stating it is “case closed” for the hacking incident. Australian medical insurer Medibank has steadfastly refused the hacking group’s demand for AUD$15 […]
11/30/2022
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By Arsenio Toledo
World’s largest bitcoin trust refuses to share proof of reserve audit
Grayscale, the world’s largest bitcoin trust, is refusing to provide proof of reserve audit amid concerns from investors that the company may be affected by the FTX fiasco. Following the implosion of FTX earlier this month and its subsequent bankruptcy proceeding exposing the depths of the company’s mishandling of customer finances, multiple cryptocurrency companies have jumped […]
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