Quadcopter Drone Network Will Transport Supplies For Disaster Relief
kkleiner writes "A startup called Matternet is building a network of quadcopter drones to deliver vital goods to remote areas and emergency supplies to disaster-stricken areas. The installation of solar-powered fueling station and an operating system to allow for communications with local aviation authorities will allow the network to be available around the clock and in the farthest reaches of the world. 'Matternet’s drone network has three key components. First, the drones—custom-built autonomous electric quadcopters with GPS and sensors, capable of carrying a few kilos up to 10 kilometers (and more as the tech advances). Next, the firm will set up a network of solar-powered charging stations where drones autonomously drop off dead batteries and pick up charged ones. A drone battery that can travel 10 km need not limit the drone itself to 10 km — rather, these drones can theoretically travel the whole network by swapping out batteries. The final component will be an operating system ...
Exposés of China’s Elite a Big Lure in Hong Kong
The trade shows the thirst for information in a society gripped by censorship, and the difficulties that party authorities face in trying to stifle that thirst.
Feds Seize Assets From Mt. Gox's Dwolla Acount, Accuse It Of Violating Money Transfer Regulations
Bitcoin exchange service Mt. Gox is experiencing some issues with U.S. authorities. The Department of Homeland Security issued a seizure warrant to Dwolla for the money in Mt. Gox’s Dwolla account. Mt. Gox users can’t use Dwolla as a funding option anymore even though it was one of the most popular options. The Japanese startup failed to register in the U.S. as a money transmitting company — president and CEO Mark Karpeles now faces up to five years in prison. Dwolla had no choice but to proceed with the request. IDG News obtained a copy of the warrant through the U.S. Immigration and Customs Enforcement (ICE), the investigation team of the Department of Homeland Security. In order to accept funds in dollars, Mt. Gox opened a Wells Fargo business account for Mutum Sigillum LLC (Mt. Gox’s American subsidiary). The company had to complete a document that states whether it provides money services or not. The warrant reads: “That document was completed on May 20, 2011, and identified ...
Data Leak Spurs Huge Offshore Tax Evasion Investigation
New submitter lxrocks writes "Tax authorities in the U.S., Britain, and Australia have announced they are working with a gigantic cache of leaked data that may be the beginnings of one of the largest tax investigations in history. The secret records are believed to include those obtained by the International Consortium of Investigative Journalists that lay bare the individuals behind covert companies and private trusts in the British Virgin Islands, the Cook Islands, Singapore and other offshore hideaways. The IRS said, 'There is nothing illegal about holding assets through offshore entities; however, such offshore arrangements are often used to avoid or evade tax liabilities on income represented by the principal or on the income generated by the underlying assets. In addition, advisors may be subject to civil penalties or criminal prosecution for promoting such arrangements as a means to avoid or evade tax liability or circumvent information reporting requirements.'"
Governments' Attempts To Censor Google Have Doubled Since 2011
Governments, even democracies, are not always fans of transparency. According to Google’s brand new transparency report, “government attempts to censor content on Google services has grown”, doubling since the second half of 2012 (1,054 requests vs. 2,285). Brazil took the gold medal of the censorship olympics, with 697 requests, while the United States took 2nd place, with 321 requests. Google cites an aggressive anti-negative campaigning law for half of Brazil’s spike in censorship requests. Unlike America, Brazil attempts to clamp down on any campaigns that offend the “dignity” of candidates during an election. In the most extreme example, a Brazilian judge ordered the arrest of the head of Google’s Brazil operations and the complete shutdown of all of Google’s products unless it complied with an order to remove a YouTube video attacking a mayoral candidate. In typical corporate diplomacy speak, Google writes that it is ” appealing many of these cases, on the basis that ...