No, you’re not being paranoid.
Four individuals have been arrested for a scheme allegedly involving spy cams in 42 motel rooms across South Korea and the livestreaming of up to 1,600 unwitting guests. The intended audience, however, was much larger than just those four — a website broadcast the videos to its over 4,000 members, at least some of whom paid for access.
So reports the Korean Herald, which notes that the hidden IP cameras had 1-millimeter lenses and were installed in TVs, power outlets, and other seemingly innocuous hotel room fixtures. The paper adds that, according to the Seoul Metropolitan Police Agency’s cyber investigation unit, the scheme reached 30 different motels in 10 cities across the country. Read more…
More about Privacy, Airbnb, South Korea, Livestreaming, and Tech
View More Website secretly livestreamed 1,600 unwitting hotel guests for paying members
Singapore’s Instarem, a fintech startup that helps banks and consumers send money overseas at lower cost, has closed a $41 million Series C financing round to go after global expansion opportunities. The four-year-old company announced a first close of $20 million last November, and it has now doubled that tally (and a little extra) thanks […]
View More Singapore fintech startup Instarem closes $41M Series C for global growth
Keith Wright Contributor Share on Twitter Keith Wright is a Villanova School of Business instructor of Accounting and Information Systems, founder of Simplicity On-Demand LLC and former Senior Vice President for Global Sales Operations for SAP. There is no question that the arrival of a fragmented and divided internet is now upon us. The “splinternet,” […]
View More The “splinternet” is already here
After the Federal Aviation Administration issued a statement late yesterday doubling down on its decision to keep the Boeing 737 Max planes at the heart of two accident investigations flying, Canada has become the latest nation to ground the plane. “There are — and I hasten to say not conclusive — but there are similarities,” […]
View More After FAA doubles down on 737 decision, Canada grounds the planes amid reports of complaints from U.S. pilots
This year’s Mobile World Congress — the CES for Android device makers — was awash with 5G handsets. The world’s No.1 smartphone seller by marketshare, Samsung, got out ahead with a standalone launch event in San Francisco, showing off two 5G devices, just before fast-following Android rivals popped out their own 5G phones at launch […]
View More 5G phones are here but there’s no rush to upgrade
A law change that comes into force in the UK today makes the highly intrusive practice of ‘upskirting’ illegal. The government said it wants the new law to send a clear message that such behaviour is criminal and will not be tolerated. Perpetrators in England and Wales face up to two years in prison under the […]
View More The UK now has a law against upskirting
Sunny Dhillon Contributor Sunny Dhillon is a partner at Signia Venture Partners. More posts by this contributor Security tokens will be coming soon to an exchange near you Amazon’s next conquest will be apparel Animated characters are as old as human storytelling itself, dating back thousands of years to cave drawings that depict animals in […]
View More Digital influencers and the dollars that follow them
Samsung Electronics reported its largest quarterly profit decline in two years during its earnings report today. As the Galaxy maker warned in its earnings guidance earlier this month, its results were hurt by slower-than-expected demand for semiconductors, which had bolstered its earnings in previous quarters even when smartphone sales were slow. Samsung’s forecast was also […]
View More Samsung posts fourth-quarter profit drop, warns of weak demand until the second half of 2019
Romero Rodrigues Contributor Romero Rodrigues is a managing partner at Redpoint eVentures, the Brazilian-focused arm of the Silicon Valley venture firm Redpoint. More posts by this contributor Brazil’s fintech boom offers new vertical opportunities for investors Brazil’s tech-sector bright spots beckon as it begins to emerge from long economic crisis In late October following a significant […]
View More President Bolsonaro should boost Brazil’s entrepreneurial ecosystem
Apple isn’t the only smartphone maker steeling itself (and analysts) for disappointing results. Samsung Electronics issued earnings guidance for the final quarter of 2018 today that not only marks its first quarterly profit decline in two years, but also fell far below analysts’ expectations. The company attributed the drop to lower-than-expected demand for its memory […]
View More Samsung warns of Q4 profit drop, blames unexpectedly low semiconductor demand
The founder of Korea’s Nexon, one of the biggest gaming companies on the planet, today appeared to acknowledge his intention to sell his controlling interest for around $9 billion. The divestment has been a hot rumor after a report from newspaper Korea Economic Daily this week [via Reuters] suggested that Jung-Ju Kim, who founded Nexon back in 1989, is moving to […]
View More Nexon founder hints at plan to sell his $9B majority share in gaming giant
For North Korean defectors, this is a nightmare come to life.
View More Personal information of nearly 1,000 North Korean defectors hacked
Hackers stole the personal information of 997 North Korean defectors living in South Korea, the South Korean government reported Friday.
The identity of the hackers is still unknown….