Sony's PlayStation VR Guru Richard Marks joins Google | WeForNews | Latest News, Blogs Sony’s PlayStation VR Guru Richard Marks joins Google – WeForNews | Latest News, Blogs
Connect with us

Tech

Sony’s PlayStation VR Guru Richard Marks joins Google

Published

on

San Francisco, July 31 :Google has hired Richard Marks, a former research engineer who helped create Sony’s PlayStation virtual reality (VR) headset and its PlayStation Move controllers, tech website VentureBeat reported.

The search engine giant intends to boost its gaming business and  Google was working on a service, codenamed ‘Yeti’, to stream games Chromecast style to a Google-made game console.

Marks has joined the Advanced Technology and Projects group (ATAP) at Google, the report on late Monday said.

“ATAP is at the intersection of science and application where our goal is to solve significant problems and close the gap between what if and what is. We’re super excited about Richard joining the senior team and look forward to his contributions,” Google was quoted as saying in a statement.

Marks had been part of Sony since 1999 and during his tenure he helped create the “EyeToy” and “PlayStation Eye camera,” which debuted in 2003 on the PlayStation 2 game console.

Recently he helped develop the “PlayStation VR”, which debuted in 2016 for “PlayStation 4”.

In January 2018, Google hired Phil Harrison, the former head of Sony’s game research and development and worldwide studios, as a Vice President and General Manager, along with some other renowned personalities of the gaming world, including former PlayStation Home Chief, Jack Buser and Xbox Live Arcade creator Greg Canessa.

(Ians)

 

 

Business

FinCEN files: Big banks let $2tn ‘dirty money’ move around world

There have been a number of big leaks of financial information in recent years, including 2017 Paradise Papers. The 2016 Panama Papers – Leaked documents from the law firm Mossack Fonseca showed more about how wealthy people are using offshore tax regimes, the BBC said.

Published

on

US-dollar

New Delhi, Sep 21 : The FinCEN files show that the world’s biggest banks have allowed criminals to move “dirty money” around the globe. In total, these reports flagged more than $2 trillion in transactions, according to BuzzFeed News.

The BBC reported that Russian oligarchs used banks to avoid sanctions and moved their money into the West.

It is the latest in a string of leaks over the past five years that have exposed secret deals, money laundering and financial crime, a BBC report said.

The FinCEN files are more than 2,500 documents, most of which were files that banks sent to the US authorities between 2000 and 2017.

These documents are some of the international banking system’s most closely guarded secrets. Banks use them to report suspicious behaviour but they are not proof of wrongdoing or crime.

They were leaked to Buzzfeed News and shared with a group that brings together investigative journalists from around the world, which distributed them to 108 news organisations in 88 countries, including the BBC’s Panorama programme.

FinCEN is the US Financial Crimes Investigation Network. Concerns about transactions made in US dollars need to be sent to FinCEN, even if they took place outside the US.

Suspicious activity reports, or SARs, are an example of how those concerns are recorded. A bank must fill in one of these reports if it is worried one of its clients might be up to no good. The report is sent to the authorities, BBC said.

It has been revealed through these documents that HSBC allowed fraudsters to move millions of dollars even after it learned from US investigators that the scheme was a scam.

JP Morgan allowed a company to move more than $1 billion through a London account without knowing who owned it. The bank later discovered the company might be owned by a mobster on the FBI’s 10 Most Wanted list.

There is also evidence that one of Russian President Vladimir Putin’s closest associates used Barclays Bank in London to avoid sanctions meant to stop him.

Accoridng to BBC, the UK is called a “higher risk jurisdiction” like Cyprus, according to the intelligence Division of FinCEN. That’s because of the number of UK registered companies that appear in the SARs. Over 3,000 UK companies are named in the FinCEN files – more than any other country.

Deutsche Bank moved money launderers’ dirty money for organised crime, terrorists and drug traffickers. Standard Chartered moved cash for Arab Bank for more than a decade after clients’ accounts at the Jordanian bank had been used in funding terrorism.

There have been a number of big leaks of financial information in recent years, including 2017 Paradise Papers. The 2016 Panama Papers – Leaked documents from the law firm Mossack Fonseca showed more about how wealthy people are using offshore tax regimes, the BBC said.

According to BuzzFeed News, some entities have been flagged numerous times in the FinCEN Files. Mayzus Financial Services, an online payment processing company that served clients involved in a bitcoin ring, sets the record, appearing as a subject of 36 SARs.

Second is Kaloti Jewellery International, a Dubai-based precious metals company that was flagged as a subject in 34 separate SARs by eight different banks.

More than 250 SARs reference people with addresses in the US, and more than 120 with addresses in Russia. The UK, China, Germany, the United Arab Emirates, Canada, and Ukraine were also common locations for people, each appearing in at least 20 reports, it said.

Continue Reading

Business

MTNL plans to sell assets in Mumbai through DIPAM

Published

on

MTNL chairman Purwar

New Delhi, Sep 19 : State-run telecom operator MTNL has submitted a set of assets for monetisation through the framework of the Department of Investment and Public Asset Management (DIPAM), which comes under the Finance Ministry.

The assets proposed for sale include land, staff quarters and telephone exchange in Mumbai, said Anurag Thakur, Minister of State for Finance and Corporate Affairs, in reply to a question in the Lok Sabha.

“MTNL has submitted a set of assets for monetisation through the DIPAM Framework…. No property in Delhi is presently under monetisation through the DIPAM Framework,” he said.

He informed the Lok Sabha that international property consultants have been appointed for end-to-end transaction advice on monetisation of these properties.

Noting that the asset monetisation process is a complex one involving multiple stakeholders and agencies, he said that a specific time frame for the completion of these monetisation transactions cannot be defined at present.

The value at which the assets would be monetised would depend on the feasibility of monetisation of the asset, the monetisation model and the market conditions prevailing at the time of monetisation, Thakur said, adding that it would be difficult to anticipate the sale proceeds presently.

Continue Reading

Tech

Mozilla bug may let hackers target Firefox for Android browsers

Published

on

By

Mozilla has fixed a vulnerability in the popular Firefox browser that can be exploited by hackers to hijack Firefox for Android browsers on the same WiFi network and send users to malicious sites, urging the people to install the latest browser update.

The bug was found in Firefox SSDP component by Chris Moberly, an Australian security researcher working for GitLab, reports ZDNet.

The Simple Service Discovery Protocol (SSDP) is a simple protocol designed to solve the problem of service discovery over a local network.

“Any Android owner using a Firefox browser to navigate the web during this kind of attack would have his mobile browser hijacked and taken to a malicious site, or forced to install a malicious Firefox extension,” the report mentioned.

The bug has been fixed in Firefox 79. Mozilla said users should update as soon as possible to Firefox v79 for Android to remain safe.

Attackers could leverage exploits to take over outdated routers, and then spam a company’s internal network and force employees to re-authenticate on phishing pages.

The new Firefox for Android now offers Enhanced Tracking Protection (ETP), providing a better web experience.

“The revamped browsing app comes with our highest privacy protections ever – on by default. ETP keeps numerous ad trackers at bay and out of the users’ business,” the company said last month.

The Enhanced Tracking Protection automatically blocks many known third-party trackers, by default, in order to improve user privacy online. Private Mode adds another layer for better privacy on device level, it added.


Continue Reading
Advertisement

Most Popular

Corona Virus (COVID-19) Live Data

COVID-19 affects different people in different ways. Most infected people will develop mild to moderate illness and recover without hospitalization.