Recent Posts

Google and Facebook were scammed out of $100M

Over the course of two years, Google and Facebook wired $100 million to an imposter as victims of a long-con phishing attack, Fortune found. In March, the US Department of Justice published an indictment against a Lithuanian man, Evaldas Rimasauskas, for “orchestrating a fraudulent business email compromise scheme that induced two U.S.-based internet companies” to send more than $100 million …

Read More »

Will Amazon’s Prime Video spending binge pay off?

Amazon is shelling out $50 million to stream National Football League games, and that’s just the start. This year, the e-commerce titan is expected to spend $4.5 billion on video-streaming content, nearly double last year and not too far from Netflix’s $6 billion video budget. And video is the only thing Netflix does; Amazon also sells shampoo and cloud services …

Read More »