Police arrest two people in connection with “criminal use” of drones at Gatwick Airport December 22, 2018 Sussex Police have arrested two people in connection with the "criminal use of drones" that resulted in major disruption at Gatwick Airport this week. More than 100,000 people were affected by grounded flights between Wednesday and Friday, just days before Christmas. Flights were temporarily suspended again on Friday evening after reports of a drone near the airfield and [...]
Of course AI can be biased – and it’s up to businesses to fix that January 31, 2019 When Alexandria Ocasio-Cortez, the recently elected US representative, suggested last week that algorithms could be racist, she received a lot of attention. Naysayers derided her for suggesting that inanimate objects can display prejudice, but a number of experts actually supported her. The central premise of the debate is this: machines cannot be biased, but the humans [...]
The Huawei 5G partnership is a threat to the UK’s national security April 25, 2019 Imagine if you were told that your new home internet network was going to be part built and maintained by a company alleged to have links to some of the most prolific identity thieves in your area. In all likelihood, you would change your provider. Yet that is precisely the course of action the British [...]
Malaysia seeks $7.5bn from Goldman Sachs in 1MDB reparations December 21, 2018 Malaysia is reportedly seeking $7.5bn (£5.9bn) in reparations from Goldman Sachs over its dealings in the ongoing scandal surrounding the country's state investment fund 1MDB. A criminal investigation is currently scrutinising three bond offerings raised by Goldman Sachs and others for 1MDB to a total of $6.5bn (£5.2bn). Malaysian authorities on Monday published a charge sheet [...]
Singapore bans ex-Goldman Sachs banker Tim Leissner for life after 1MDB scandal December 19, 2018 Singapore has banned a former Goldman Sachs director from the country’s securities industry for life after he admitted to criminal charges connected to the 1MDB scandal. Tim Leissner was banned by authorities for 10 years in 2017 but has been hit with a lifetime ban after he pleaded guilty in the US to conspiracy to [...]
Goldman Sachs chief executive apologises to Malaysian people over 1MDB scandal January 16, 2019 Goldman Sachs chief executive David Solomon has apologised to the Malaysian people for former banker Tim Leissner’s role in the 1MDB sovereign wealth fund scam. Last year US prosecutors charged two former bankers with the theft of billions of dollars from IMDB and Leissner pleaded guilty to conspiracy to launder money and agreed to pay [...]
Tesla denies it is facing a deeper criminal probe into Model 3 production after reports suggest FBI had expanded investigation October 27, 2018 Tesla has denied claims it is facing a deeper criminal probe regarding the production guidance for its new Model 3 sedans. The electric car-maker responded to claims made in the Wall Street Journal on Friday, which said that Federal Bureau of Investigation agents were investigating the company. The report claims that the FBI are looking to [...]
If Hong Kong can face down the Chinese bullies, there is hope for the rest of the world June 21, 2019 Every child is taught that the best way to deal with bullies is to stand up to them, rather than to allow them to indulge in their destructive behaviour. While there is of course a risk of a punishment beating, more often it turns out that the bully has adopted aggressive tactics to mask their [...]
Huawei: How the Chinese telecoms spying scandal has impacted the UK January 29, 2019 The scandal rocking Chinese telecoms firm Huawei escalated last night after the US filed a series of criminal charges against it. The US Department of Justice has alleged Huawei of a raft of criminal offences amid fears Chinese authorities could use the company’s equipment for spying. The US, Australia and New Zealand have all banned [...]
Back to school: We must teach AI to have a moral compass April 6, 2018 In the UK, it’s mandated that 13 of the first 18 years of a young person’s life are spent in some sort of education. We invest very heavily in teaching children what they need to know to be functioning and productive members of society: our doctors, our teachers, our data scientists of the future. Artificial [...]