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Antivirus software creator charged with cheating investors

Antivirus software creator charged with cheating investors

Technology
Antivirus software entrepreneur John McAfee is charged with fraud and money laundering conspiracy crimes in a newly unsealed indictment in New YorkBy LARRY NEUMEISTER Associated PressMarch 5, 2021, 11:15 PM• 3 min readShare to FacebookShare to TwitterEmail this articleNEW YORK -- Antivirus software entrepreneur John McAfee was indicted on fraud and money laundering conspiracy charges alleging that he and cohorts made over $ 13 million by fooling investors zealous over the emerging cryptocurrency market, authorities said Friday.McAfee, 75, was charged in a newly unsealed indictment in Manhattan federal court along with Jimmy Gale Watson Jr., who served as an executive adviser on what prosecutors described as McAfee's “so-called cryptocurrency team.”Prosecutors said Watson, 40, was arrested ...
Software mogul John McAfee charged with cryptocurrency fraud

Software mogul John McAfee charged with cryptocurrency fraud

Business
March 5 (UPI) -- Federal prosecutors have charged antivirus software mogul John McAfee and an adviser with conspiracy to commit fraud, among other crimes, in a scheme involving cryptocurrency investments, authorities said Friday. The founder of the McAfee antivirus software company and associate Jimmy Gale Watson have been charged with conspiracy to commit securities fraud, wire fraud conspiracy and money laundering conspiracy. Advertisement Officials said the charges relate to two plots to fraudulently promote cryptocurrencies qualifying under federal law as commodities or securities. Authorities said agents arrested McAfee in Spain and Watson in Texas. Their arrests were announced Friday after indictments were unsealed in U.S. District Court in New York. "As alleged, McAfee and Watson ...
Indian Bank says customers may face service disruptions this weekend due to software migration

Indian Bank says customers may face service disruptions this weekend due to software migration

Finance
New Delhi: State-owned on Thursday said customers may face inconvenience later this week as it will carry out software migration with respect to its merger with Allahabad Bank. The scheme of amalgamation of Allahabad Bank into Indian Bank came into force from April 1, 2020. "Our bank has scheduled technical migration of CBS/ITMS software of erstwhile Allahabad bank with CBS/ITMS software of Indian Bank on 13-14 February 2021. "As such, some of the services related to banking operations may be disrupted from 9 PM on February 12 to 9 AM on February 15, causing inconvenience to the bank's customers/stakeholders on these dates," Indian Bank said in a regulatory filing. The bank shall take all possible efforts for non-occurrence of any such disruptions and strive for immediate redressal/re...
Microsoft introduces Viva software for remote work market

Microsoft introduces Viva software for remote work market

Business
Feb. 4 (UPI) -- Microsoft announced Thursday an employee experience platform called Viva aimed at improving work. The new Viva platform is designed to unify the employee experience across four key areas -- engagement, wellbeing, learning and knowledge, Microsoft said in a statement. Advertisement Viva was launched Thursday, with parts of the platform rolling out through 2021. It is designed to build on the Microsoft Teams communication platform, which is part of Microsoft 365 products. The need for employee experience platforms has grown as more people have shifted to remote work amid the COVID-19 pandemic. Analysts estimate a $ 300 billion annual market for such platforms. "As the world of work changes, the next horizon of innovation will come from a focus on creativity, engagement and ...
South Korea software millionaire leads in Seoul mayoral poll

South Korea software millionaire leads in Seoul mayoral poll

World
Dec. 31 (UPI) -- A South Korean software entrepreneur who previously ran for president is leading in a poll on the Seoul mayoral race ahead of a by-election in April. More South Korean respondents to a local survey picked Ahn Cheol-soo, 58, a mayoral candidate with the minor opposition People's Party, over rivals who include a minister and a former conservative lawmaker, Hankyoreh reported Thursday. Advertisement The poll, conducted by pollster Jowon C&I, showed Ahn winning a two-way race with 42.1% support, beating out current Minister of Small and Medium Enterprises Park Young-sun, who has a rating of 36.8%, according to the report. Ahn, a doctor who made headlines after treating COVID-19 patients in the spring, disclosed his decision to run for office Dec. 20. The center-right can...