Tag: us justice department
Tough Times ahead for Apple
These are troubled times for Silicon Valley tech giant, Apple. Hard on the heels of the US Justice Department suing Apple for monopolizing the smartphone market comes news of a major security flaw in Apple M-series chips (M1, M2, and M3). The US Justice Department appears determined to call time on Apple’s long-standing domination of the smartphone market. It holds that “Apple’s broad-based, exclusionary conduct” makes it harder for Americans to switch smartphones. Apple also stands accused of undermining innovation for apps, products, and services, and imposing extraordinary costs on developers, businesses, as well as on consumers.
North Korea funding weapons program with cybercrime
Last week, the US seized 17 website domains alleged to have been used to defraud US and foreign businesses. These seizures come hard on the heels of previously sealed October 2022 and January 2023 court-authorized seizures of approximately $1.5 million of the revenue that the same group of IT workers collected from unwitting victims. According to the US Justice Department, The Democratic People’s Republic of North Korea has installed bogus contractors to steal from US companies in order to pay for weapons development.