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Insider Trading on FDA Leaks Charged against Visium's Valvani

In one of the biggest insider trading cases since a 2014 court ruling made it harder for U.S. prosecutors to pursue them, a Manhattan hedge fund manager was charged with trading on confidential tips about drug approvals.   By gaining advance word about U.S. Food and Drug Administration...

Battle of the Silicon Valley Billionaires Expected after Gawker Lawsuit

Gawker Media LLC has managed to find a new supporter and partner in its legal battle against wrestler Hulk Hogan.   A the high-profile lawsuit against Gawker Media LLC brought by wrestler Hulk Hogan would see First Look Media, a news organization founded by Silicon Valley billionaire Pierre...

While Mickelson Settles Charges, Ex-Dean Foods Chairman, Gambler Charged for Insider Trading

Alleged with engaging in an insider trading scheme that netted more than $40 million and included a tip that benefited professional golfer Phil Mickelson, a former chairman of Dean Foods Co and a professional Las Vegas gambler was charged by U.S. authorities very recently.   William "Billy"...

Bias Controversy Leads to Meeting between Facebook's Zuckerberg meets U.S. Conservatives

Facebook Chief Executive Mark Zuckerberg said he will work to build trust with users who believe the social network displays politically biased news content after he heard from more than a dozen U.S. conservative leaders recently   Zuckerberg acknowledged that many conservatives believe...

Paid Informants and Pricey Escort at Redstone Mansion is Alleged by a New Lawsuit

A new lawsuit that threatens to keep salacious allegations about the 92-year-old media mogul Sumner Redstone’s lifestyle alive, has been filed by a former girlfriend of Redstone even as a Los Angeles judge dismissed one case brought by her.   There are allegations that Redstone's daughter...

Mark Zuckerberg’s Security Tops Security Expenses for all other Major IT Companies

In what is its first disclosure of such costs, Facebook Inc revealed that it spent $4.26 million on security for Mark Zuckerberg last year. This is the highest spending among companies in the Standard & Poor's 500 Index that have filed proxy statements for fiscal 2015. According to a...

Debate Over Foreign Boss Reignited in Malaysia after Malaysia Airlines CEO's exit

Debate in Malaysia over the wisdom of picking a foreigner to run its ailing carrier, potentially limiting the group's options as it seeks a new leader midway through a radical revamp has been initiated by the abrupt exit of Malaysia Airlines' German boss.   As Aer Lingus attempted to pull...

Anonymous has Donald Trump in its crosshairs

On April 1, Anonymous has stated that it will take down Trump’s personal and business related websites. America’s leading presidential candidate for the Republican Party, has once again found himself in the cross-hairs of Anonymous, a group of expert hacktivists.   On March 4, Anonymous...

Ransomware attacks emanate from China – Cyber security experts

Investigation into the recent ransomware attacks have led cyber security investigators from four firms to believe that hackers who had previously the backing of the Chinese state are behind the recent spate of ransomware attacks. As per four security firms investigating the attack on U.S. companies...

Luke Bannister,15, bags world’s first Drone Prix

Drone racing has finally come of age. If you want in on the action, the Drone Worlds’ championship is slated to take place in October, in Hawaii. So what do you do in your weekend? Luke Bannister, a 15 year, snagged a $250,000 prize by beating 150 teams in the World’s first ever Drone Prix in...

White House launches crowd sourcing neighborhood project

The Opportunity Project is aimed at empowering citizens and communities through easily accessible low hanging fruits which can be beneficial to one and all. The White House has recently announced the launch of one of its most ambitious online program that aims to support communities and families...

Google’s Project-Fi now open to all Americans

Are you in the market for a mid-range smartphone with a data-savvy cellular service? Google’s Project-Fi will give you that and a lot more. The invite-only project is now open to all Americans. After more than a year since its launch, Google has finally made its Project Fi initiative accessible to...
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