Culture clash looms over the Internet of Things

dropcam

Dropcam’s computer algorithm lets a camera know who people are in the field of view.

There’s a gold rush underway to connect our devices to the web. For many, the devices are the keys to the kingdom — either riches in the form of selling data or from creating a widely used platform for services or applications. Yet what is becoming increasingly clear is that these models reflect a divide between cultures when it comes to the internet of things.

 

 

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10 most notorious money laundering cases of the 20th century

molatury

Have you heard of these money laundering cases?

Money laundering is the process by which illegally obtained cash is made to appear as if it has been obtained by legal means. The funds are moved into valid accounts or businesses in order to hide or disguise the financial trail that leads back to the criminal activity. In 1996, it was estimated that between 2 and 5 percent of the world’s gross domestic product consisted of laundered money…

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