With the new and tumultuous feud happening between ADOR‘s CEO, Min Hee Jin, and HYBE Labels, discussions about the latter K-Pop label and its subsidiaries have spiked online. At this time, reports of various allegations against Min Hee Jin have been shared, which include: ADOR’s internal management (Min Hee Jin, deputy CEOs A and B) receiving external consulting […]
Hackers are threatening to publish a huge stolen sanctions and financial crimes watchlist
A financially motivated hacking group says it has stolen a confidential database containing millions of records that companies use for screening potential customers for links to sanctions and financial crime. The hackers, which call themselves GhostR, said they stole 5.3 million records from the World-Check screening database in March and are threatening to publish the […]
Consumer Financial Protection Bureau fines BloomTech for false claims
The U.S. Consumer Financial Protection Bureau (CFPB) said in an order on Tuesday that BloomTech, the for-profit coding bootcamp previously known as the Lambda School, deceived students about the cost of loans, made false claims about graduates’ hiring rates and engaged in illegal lending masked as “income sharing” agreements with high fees. The order marks […]
NewRetirement wants to simplify financial planning for retirement
When entrepreneur Stephen Chen’s mom began approaching retirement age, she was forced to borrow money from Chen — and Chen’s brother — to make ends meet. They wanted to help, but the siblings also wanted to figure out a more sustainable, long-term solution that’d help their mom retire without having to worry about finances. Chen […]
DOJ calls Apple’s privacy justifications an ‘elastic shield’ for financial gains
The U.S. Department of Justice sued Apple Thursday over monopolistic practices. The complaint accuses Apple of moulding its privacy and security practices in ways that benefits the company financially. One quote particularly jumps out where the DOJ calls Apple’s privacy and security justification an “elastic shield”: “Apple deploys privacy and security justifications as an elastic […]