investigation

Olympus HQ raided over $1.7bn fraud

Olympus HQ raided over $1.7bn fraud

Olympus has officially confirmed that Japanese prosecutors have raided its offices and the home of one of the former company executives that knew about the fraud the company was found to have committed. It has come to light that Olympus had for years hidden investment losses using questionable practices and acquisitions. The prosecutors that raided the Olympus HQ are working in conjunction with police and financial regulators.

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Carrier IQ on millions of phones admit US operators

Carrier IQ on millions of phones admit US operators

The saga of Carrier IQ and its tracking software installed on untold numbers of mobile phones on carriers in the US continues. Senator Al Franken started his investigation into carriers by sending out letters demanding to know what major wireless carriers were using the software for, how many handsets had the software, and what was done with the data. Some responses have returned and the number of handsets running the software is scary.

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Carrier IQ under investigation by European regulators

Carrier IQ under investigation by European regulators

Carrier IQ has landed in an ocean of hot water for the alleged tracking and intercepting of keystrokes that the software is said to perform. It has been found that many of the more popular mobile phones and smartphones on the market are using the Carrier IQ software. While the company claims that the responsibility for the data stored falls on the carrier and not with it, the company is still under investigation by European regulators.

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