Google Faces Another Antitrust Probe As Canadian Agency Prepares Formal Investigation
Google is facing another competition investigation, according to the Financial Post. The Canadian Competition Bureau has informed Mountain View of its plans to launch a formal investigation of its Canadian operations. It has not yet requested any information or documents from Google but has informed the search giant of its intention to launch a probe.
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.'"
Syria Falls Off the Internet Again
New submitter briancox2 writes with news that all internet traffic from Syria has disappeared. Umbrella Security Labs explains: "Routing on the Internet relies on the Border Gateway Protocol (BGP). BGP distributes routing information and makes sure all routers on the Internet know how to get to a certain IP address. When an IP range becomes unreachable it will be withdrawn from BGP, this informs routers that the IP range is no longer reachable. For example, one of the name servers for the DNS zone .SY is ns1.tld.sy with IP address 22.214.171.124. Normally our routers would expect a BGP route for 126.96.36.199/18. Currently that route has disappeared and we no longer have a way to reach the nameservers for .SY that reside in Syria. ... Currently there are just three routes in the BGP routing tables for Syria, while normally it’s close to eighty. ... Effectively, the shutdown disconnects Syria from Internet communication with the rest of the world."
Security Firm: “Syria Has Largely Disappeared From The Internet”
War-torn Syria is reportedly experiencing massive Internet outages. Both Google’s transparency monitor and security firm Cloudflare are reporting near zero levels of traffic out of the area. This isn’t the first time the beleaguered nation has experienced Internet issues. Back in 2012, the Syrian government, in attempt to paralyze opposition rebels, cut the entire country off from the rest of the world. “Syria has largely disappeared from the Internet,” writes security firm, Umbrella, about the abrupt traffic stop today. Umbrella describes how such a cutoff is possible, “Routing on the Internet relies on the Border Gateway Protocol (BGP). BGP distributes routing information and makes sure all routers on the Internet know how to get to a certain IP address.” Continuing, ” Shutting down Internet access to and from Syria is achieved by withdrawing the BGP routes from Syrian prefixes.” Last December, we interviewed Cloudflare about how exactly a government can cut off its citizens ...