How Underground Payment Schemes Enable Cyber Crime


Most people had never heard of Liberty Reserve, a Costa Rican underground payments company, until its founder, Arthur Budovsky, was arrested in Spain and charged with laundering over $6 billion. According to Preet Bharara, the Manhattan U.S. attorney, the Liberty Reserve case is the largest money-laundering prosecution ever brought by the United States. Money that passed through the underground currency exchange was used for crimes like human trafficking, selling drugs, dealing stolen credit card data and bartering stolen intellectual property.

LG’s First Curved OLED TV Comes To The States For $14,999

lg-curved-displayWant the world’s first large screen, curved, OLED, and THX high image quality certified TV? Well, starting today in Best Buy retail locations around the United State — New York, Los Angeles, San Francisco, Chicago, Miami, and Houston — where you can get your hands on one from LG, for the convenient price of $14,999. Practically a steal.

But seriously, if you do get one, send us unboxing pictures and video. Our main question besides “How do you package a curved, 55-inch TV”? Surely, that question has never been asked, no? Also, it’s 4.3 millimeters thick; a slim TV  if there ever was one.

On Cue: The New Nexus 7 Has Been Leaked…As A Press Image

nexus7-20130-leakedThere’s nothing particularly entertaining about leaked Nexus 7 press images — they’re press images after all, but they definitely do confirm what we thought the design of the new N7 is like.

Consequently, we won’t be surprised by its appearance at all, but it doesn’t take long to notice that the “Nexus” logo is on its side, instead of landscape — basically Google wants the new Nexus 7 used on its side, which is a direct contrast from the predecessor tablet.

Via: @evleaks

A Moto X Press Photo Leaks — I’ll Just Leave It Here

moto-x-press-render (1)You know what’s interesting about this photo? Since the Moto X is being announced in the United States as part of a press event on August 1st, and we also know that it is being produced in Texas, it comes as no surprise that the wallpaper seen in the leaked press photo is actually reminiscent of the American flag, but also as the flag of Texas. Just a thought.

Also, Motorola seems to have customized stock Android with a transparent function bar, which actually is quite a welcome sight.

Oh, and of course the Moto X leaks have become a full-on tsunami.

Via:  TheUnlockr

Motorola Plans The Moto X NYC Press Event: August 1st, 2013

moto-x-inviteWithout further ado, we have the July 24th event with Verizon for new DROIDS, an event at Google HQ on the 27th for new Nexus 7 hardware, and now August 1st, a new device that everyone has waited for: the Moto X. Press are being invited to NYC to attend the media unveiling, and there’s no doubt that it won’t be full of awesomeness.

The best part? Soon, Eric Schmidt won’t be the only person with a Moto X.

So, The New Nexus 7 Just Keeps On Getting Leaked

nex7-leakedFrom the mere existence of a new Nexus 7 tablet, to its use of Android 4.3, dual-cameras, and a redesigned body. Now here comes the newly introduced intel that it will go on sale at Staples (besides the Google Play Store, of course) on July 31st. Some of the parts that aim to make the Nexus 7 another best-selling tablet is the inclusion of a 1.2MP up front and 5MP backward-facing camera, along with a Slim Port support for playing 1080p video on your TV, as well as wireless charging, because why not?

The screen size remains the same (7-inches) but most likely will be at a high resolution. That, and it will also be more expensive than before: $230 (16GB) and $270 (32GB).

Or we could just wait for the Google press event on the 24th, and clear all of this up — I’ll go with that idea.

Via: Giz

Google Closes Q2 2013 With $14 Billion In Revenue

Google+Google has delivered their 2nd fiscal quarter results for the year. Drumroll, please.

The internet (and hardware) giant reported consolidated revenue of $14.1 billion (that’s up 19 percent from the same quarter, a year ago), net income of $3.23 billion, and non-GAAP earnings per share of $9.56. To add to that, 93 percent of those profits were generated directly by Google properties, most notably massive advertising networks. $12.1 billion of its gross was thanks to advertising, while Motorola’s efforts equate to less than $1 billion in revenues, but the $998 million generated counts, regardless.

Net income pocketed by the Googlers stands at $3.23 billion, which is no record by any means, but with $54.4 billion stashed away for a very, very bad day. In the meantime, Google looks forward to the next quarter — and so do we.

HTC Announces The One Mini: Awesome, But Just Smaller

htc-one-miniThe HTC One and Play Editions are perhaps the favorite devices of any smartphone aficionado, but HTC decided a smaller version could have more “pep”, to go along with it. All the specs of the One mini have stayed the same from the original model: a quad-core Snapdragon 600 processor at 1.7GHz, LTE, the UltraPixel camera, BoomSound, Beats Audio integration, a 1.6MP front-facing camera, and support for Android. The only two things that have changed are the smaller,  4.3-inch touchscreen, an 1,800 mAh battery, and the lack of an IR blaster.

A worldwide launch is planned sometimes this August worldwide, with availability in the United States being announced during the same time frame. Press release, after the break.