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Chinese Criminals Made More Than $1 Billion From Those Annoying Texts


The U.S. is awash with scam text messages. Officials say it has become a billion-dollar, highly sophisticated business benefiting criminals in China. From a report: Your highway toll payment is now past due, one text warns. You have U.S. Postal Service fees to pay, another threatens. You owe the New York City Department of Finance for unpaid traffic violations. The texts are ploys to get unsuspecting victims to fork over their credit-card details. The gangs behind the scams…



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by Slashdot

An anonymous reader quotes a report from Reuters: Privacy activists say proposed changes to Europe’s landmark privacy law, including making it easier for Big Tech to harvest Europeans’ personal data for AI training, would flout EU case law and gut the legislation. The changes proposed by the European Commission are part of a drive to simplify a slew of laws adopted in recent years on technology, environmental and financial issues which have in turn faced pushback from… Source link

by Slashdot

The European Commission is considering turning its non-binding 2020 guidance on “high-risk vendors” into a legal requirement that would effectively force EU member states to phase out Huawei and ZTE from mobile and fixed-line networks. Bloomberg reports: Commission Vice President Henna Virkkunen wants to convert the European Commission’s 2020 recommendation to stop using high-risk vendors in mobile networks into a legal requirement, according to the people, who asked not… Source link

by Slashdot

An anonymous reader quotes a report from Gizmodo: It appears that Neom — Saudi Arabia’s hugely expensive, architecturally bizarre urban development project — is floundering and close to collapse. A new report from the Financial Times cites high-level sources within the project to paint a picture of dysfunction and failure at the heart of the quixotic effort. Neom was envisioned as a vast series of fantastical urban developments spread across the coast of the Red Sea. At… Source link