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Venture Capitalists With Powerful Blogs May Run Afoul of the SEC
Image via BacktoGeek Has Blogging Become the New Insider Trading? “People think there is a distinction between how an major investor can talk about a public company versus a private company,”...
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Mike Arrington Introduces Us to the “First F*cking Amendment”
Mr. Arrington flashes his "first amendment" gang sign. Betabeat published a story yesterday about the ways in which tech investors who write about private companies on public blogs might run afoul of...
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As SEC Turns to Computers to Detect Fraud, Wall Street Cries Foul
Wait...they're using computer too? One of the reason that Bernie Madoff was able to stay undetected for so long was that he could alternately charm and intimidate the young SEC staffers sent to...
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Romanian Men Cheat Fresh, Admit to Epic Two-Year Subway Sandwich Scam
Hackers never look this cool. Romanians Iulian Dolan and Cezar Iulian Butu have confessed in the U.S. District Court in New Hampshire to multiple counts related to credit card fraud via hacking. Under...
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The HP Fraud Kerfuffle Gets Even More Embarrassing As Autonomy CEO Mike Lynch...
Ms. Whitman. (Photo: Max Morse) The nuts and bolts of HP's $11.1 billion acquisition of Autonomy are pretty wonky. But we know a good scandal when we see one, and this $8.8 billion loss and the whole...
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New Bill Would Put Smart Chips in New York Credit Cards
The US has been behind the rest of the world for years in credit card technology, and now New York could lead the way toward catching up. A new bill in the State Senate would require all credit cards...
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