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The Japanese affiliate of Ernst & Young LLC has launched an in-house investigation into its audit of Toshiba Corp in the wake of the electronics maker's $1.2 billion accounting scandal, a person with knowledge of the matter said. Ernst & Young ShinNihon LLC has established a team of about 20 executives to investigate whether there were any problems with how it conducted its audits of Toshiba, the person said. Last month an external panel of lawyers and accountants hired to probe Toshiba's accounts found the company had inflated profits by 152 billion yen ($1.23 billion) over seven years by postponing the realization of losses and other schemes.
Mark Karpeles, the former head of defunct bitcoin exchange Mt. Gox, was arrested on Saturday in connection with the disappearance of hundreds of millions of dollars worth of the virtual currency, Japanese media reports said. The French-born Karpeles, 30, is suspected of falsifying data on the outstanding balance of the exchange, at one point the world's largest hub for trading the digital currency, they added. When it filed for bankruptcy in February 2014, Mt. Gox said 750,000 customer bitcoins and another 100,000 belonging to the exchange were stolen due to a software security flaw.
NBC News this week obtained leaked slides from a February 2014 NSA presentation which highlight in specific detail the extent to which China has successfully hacked U.S. corporations and individuals. As indicated by the map above, each red dot represents a unique “successful Chinese attempt to steal corporate and military secrets and data about America’s critical infrastructure, particularly the electrical power and telecommunications and internet backbone.” All told, there were nearly 700 successful hacking attempts on U.S. targets over the last five years. DON’T MISS: Windows 10 is spying on almost everything you do – here’s how to opt out Not surprisingly, the clusters of red congregate mostly in California and in the DC and Maryland area. Interestingly, North Dakota is the
Stephen Powelson recently flew his Phantom 3 drone over Tesla's battery factory in Fremont, California and recorded the flight. Almost as soon as he posted the video to a Tesla Motors Club forum, other commenters began warning Powelson of the legal trouble he might be in. Powelson quickly assured concerned posters that Tesla employees had no problem with the video.
Fields from science to politics to business are looking to design for inspiration, alternative processes, and new solutions. Design negotiates between technology, policy, systems and users. A structured design approach can heighten the hit-rate in the fuzzy front end of innovation processes in public and private sectors. As a result, design has...
If you’ve updated Google Maps on your Android device recently, you might have noticed a new feature that Google added to its mobile app. You can now edit the names of locations on the map, save them to your personal Google account and search for them the next time you’re out and about. MUST-READ: Windows 10 is spying on almost everything you do – here’s how to opt out This is useful for a number of reasons. If there’s a restaurant you’re ordering from but know you’ll never remember its name, just rename it to “Incredible Restaurant.” That’s a search term I’d remember more frequently than “Taverna Kyclades.” You can also drop a pin in a location without a set name on Google Maps and give it
Forget Star Wars — the world's most anticipated sequel is unquestionably Zoolander 2. And the first trailer is here. Sure, most of the trailer is some weird science-themed graphics with a narration by Stephen Hawking (we assume), but before long Ben Stiller's making the Blue Steel face and everything is all good. Check out the trailer above — Zoolander 2 will arrive in February of 2016.
Last month, millions of current and former US government employees had their personal information stolen in a hack believed to have originated from China — and the US may finally respond with more than words. According to a new report from The New York Times, President Obama has decided to retaliate against China, though his administration has not decided exactly how it will respond. The White House is reportedly weighing whether to employ a symbolic response, such as a diplomatic protest, or something more aggressive.
Some hackers are exploiting Microsoft's offer of free upgrades to its new Windows 10 operating system. Security researchers are warning about a wave of bogus spam emails with malicious attachments, labeled ...
Having trouble waking up in the morning? There are countless alarm apps that will make sure you wake up on time for work… provided, of course, that you don’t keep hitting snooze and then dozing off again. There is, however, an alternative: A High Voltage Ejector Bed that was created by YouTube inventor Colin Furze and that is essentially an alarm you’ll never have the chance to snooze. DON’T MISS: Windows 10 is spying on almost everything you do – here’s how to opt out The bed has an alarm of its own and it comes with various intensity settings that can be adjusted depending on your sleeping needs. But the feature that makes the bed the ultimate wake up alarm is
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U.S. federal agencies have increased cybersecurity measures since the hacking at the Office of Personnel Management, but more work is necessary to help prevent further attacks, the results of a 30-day effort to raise standards showed on Friday. The White House's Office of Management and Budget kicked off a "cybersecurity sprint" last month after the hacks that put the personal data of more than 22 million Americans at risk, directing agencies to strengthen their networks and report back. In a blog post about that effort, the White House's Chief Information Officer Tony Scott said federal civilian agencies had increased use of "strong authentication for privileged and unprivileged users" from 42 percent to 72 percent.
It’s kind of crazy how quickly face detection and recognition technology managed to push its way into the mainstream. Over the past few years we’ve seen face recognition technology reach desktop photo software like iPhoto and even mass market smartphones from the likes of Samsung. And of course, there are no shortage of stories centering on government agencies who use face recognition technology for identification and surveillance purposes. Setting the bar even higher, researchers from Germany have reportedly developed a new technology that allows facial recognition software to identify faces even in the dark. Whereas traditional facial recognition software involves the comparison of two photos, both of which must be taken in well-lit environments, the approach German computer scientists came up with involves using