The Canadian firm Netsweeper, Inc created Internet filtering software that has been used by middle eastern governments to block content “based on social, religious or political ideals.” Below, Ron Diebert, director of the Citizen Lab at the Munk School of Global Affairs, explains more. This video is from The Mark…
CNN’s Kyung Lah reports that Sony has lost billions of dollars after its PlayStation Network and Sony Online Entertainment services were hacked last month. The personal data from more than 100 million accounts were reportedly compromised in the security breach. Experts believe Sony will be able to recover from the…
Could medical marijuana be America’s next boom industry? It does seem possible, thanks to the Obama administration’s policy of not prosecuting properly licensed caregivers. But in order for it to shift into high-gear, it would need to be rescheduled by the Drug Enforcement Administration, opening the doors to big pharmaceutical…
Last week, IMF chief Dominique Strauss-Kahn resigned his position after being accused of attempted rape and other sexual assault charges. The IMF, and its search for a new leader, is in the spotlight, though the public largely does not understand how the organization works, and how the next chief will…
In a showdown with the government of Australia, the CEO of a major tobacco company has threatened to file lawsuits claiming “billions” in damages. He also threatened to flood the country with half-price cigarettes to compete with the black market — a move that would ultimately drive up the number…
British journalist Nicholas Shaxson sat down with DemocracyNow to explain the proliferation of tax havens and offshore banks in the era of globalization. He is the author of the new book Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens. “And when countries like the United Kingdom, but…
CNN’s Poppy Harlow interviews actress, script writer and producer Felicia Day about The Guild, an American comedy web series. Day explains how she build her business to what it is today, including how to grow a brand online and attract a large following. The video below is from CNNMoney:…
Billionaire investor Warren Buffet said Monday that Japan’s earthquake and tsunami, while tragic, do not change the country’s economic outlook. Indeed, he called the chaos and destruction a “buying opportunity” for those who realize the potential behind catastrophe. After a turbulent week in which Japan’s economy lost more than 10…
ABC News reports that non-Chase customers in Illinois are now being charged $5 to use the bank’s ATM machines. They’re trying out $4 fees at their ATMs in Texas. The average fee nationwide is $2.60, and Chase’s experiments come just as banking industry lobbyists are pressuring Congress to delay the…
Anywhere between 10-30 million people are in slavery, according to a recent report by CNN. One expert even told the network that the price of an individual slave has actually fallen to a historic low, to just $90 a person in some regions. This video is from CNN, broadcast March…