Hackers are launching ‘jackpotting’ attacks on ATMs, forcing them to spit out your cash

Hackers are launching ‘jackpotting’ attacks on ATMs, forcing them to spit out your cash

Diebold Nixdorf and NCR Corp., two of the world’s largest ATM makers, have warned that cyber criminals are targeting U.S. cash machines with tools that force them to spit out cash in hacking schemes known as “jackpotting.” The two ATM makers did not identify any victims or say how much money had been lost. Jackpotting has been rising worldwide in recent years, though it is unclear how much cash has been stolen because victims and…

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IKEA founder Ingvar Kamprad has died at 91

IKEA founder Ingvar Kamprad has died at 91

Ingvar Kamprad, the IKEA founder who turned a small-scale mail order business into a global furniture empire, has died at 91, the company said Sunday. IKEA Sverige, the chain’s Swedish unit, said on Twitter that Kamprad died Saturday at his home in Smaland, Sweden. “He will be much missed and warmly remembered by his family and IKEA staff all around the world,” the company said. Kamprad’s life story is intimately linked to the company he…

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Florida Sen. Marco Rubio fires chief of staff after reports of ‘improper conduct’

Florida Sen. Marco Rubio fires chief of staff after reports of ‘improper conduct’

Florida Sen. Marco Rubio said Saturday that he has fired his chief of staff after getting reports of “improper conduct” with subordinate staffers. “By early this afternoon, I had sufficient evidence to conclude that while employed by this office, my Chief of Staff had violated office policies regarding proper relations between a supervisor and their subordinates. I further concluded that this led to actions which in my judgment amounted to threats to withhold employment benefits,”…

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Russian opposition takes to streets, calls for election boycott

Russian opposition takes to streets, calls for election boycott

Hundreds of supporters of Russian opposition leader Alexei Navalny began a nationwide day of protest against the authorities on Sunday, calling on voters to boycott what they said was a rigged presidential election on March 18. Beneath bright blue skies, hundreds of young people gathered in the main square of the port of Vladivostok in the Russian Far East. Speakers called the election, which polls show incumbent Vladimir Putin should easily win, a farce. “I…

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Saudi Arabia’s Kingdom Holding shares soar after Prince Alwaleed freed

Saudi Arabia’s Kingdom Holding shares soar after Prince Alwaleed freed

Shares in Riyadh-listed international investment company Kingdom Holding soared at the opening on Sunday after the company’s owner, Prince Alwaleed bin Talal, was released after being detained for over two months in a corruption probe. The stock immediately jumped its 10 percent daily limit to 10.04 riyals in unusually active trade. Shares in Saudi fashion retailer Fawaz Abdulaziz Alhokair, whose major shareholder Fawaz Alhokair was also detained in the sweeping investigation and released at the…

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Russian police reportedly force their way into opposition leader Navalny’s office

Russian police reportedly force their way into opposition leader Navalny’s office

Russian police forced their way into the Moscow office of opposition leader Alexei Navalny on Sunday and started questioning people, images broadcast online by Navalny’s supporters showed. Roman Rubanov, a Navalny supporter, wrote on social media that the police said they were looking into reports that there was a bomb in the office, something he said came as a surprise to him. Hundreds of supporters of Navalny began a nationwide day of protests against the…

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Russian opposition leader Alexei Navalny has been arrested in Moscow

Russian opposition leader Alexei Navalny has been arrested in Moscow

Russian opposition leader Alexei Navalny has been arrested in Moscow as protest demonstrations called by him took place across the country. He has called on supporters to continue the demonstrations despite his arrest Sunday. He says on Twitter “they have detained me. This doesn’t mean anything … you didn’t come out for me, but for your future.” Protests ranging from a few dozen to several hundred people were reported throughout the country. Navalny is calling…

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Hacked Japanese cryptocurrency exchange to repay owners $425 million

Hacked Japanese cryptocurrency exchange to repay owners $425 million

Tokyo-based cryptocurrency exchange Coincheck said on Sunday it would return about 46.3 billion yen ($425 million) of the virtual money it lost to hackers two days ago in one of the biggest-ever thefts of digital money. That amounts to nearly 90 percent of the 58 billion yen worth of NEM coins the company lost in an attack that forced it to suspend on Friday withdrawals of all cryptocurrencies except bitcoin. Coincheck said in a statement…

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China’s Weibo social media site suspends portals after reprimand

China’s Weibo social media site suspends portals after reprimand

China’s Sina Weibo was ordered to move several portals offline for a week after spreading obscene and wrongly oriented content, the country’s internet watchdog said. The government has been tightening controls over internet content as part of efforts to maintain “social stability,” taking on “vulgar” and pornographic content as well as the unauthorized dissemination of news. “Content of wrong public opinion orientation, obscenity and ethnic discrimination continued to spread on Sina Weibo,” the Beijing office…

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The US is going to make streaming services pay more for music

The US is going to make streaming services pay more for music

U.S. copyright authorities on Saturday decided to increase over the next five years the royalty payments music streaming companies like Spotify and Apple must make to songwriters and music publishers, a trade association for music publishers said. The Copyright Royalty Board of the U.S. Library of Congress issued a written decision that altered the formulas used to determine how much of their revenue streaming companies must share with songwriters and the music publishing companies they…

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