News & Articles By Arsenio Toledo
01/24/2023
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By Arsenio Toledo
Big Banks team up to launch digital wallet that can compete with PayPal and Apple Pay… are you ready for your digital wallet social credit score enforcement?
Seven of the United States’ largest banks, including Wells Fargo, Bank of America and JPMorgan Chase, are teaming up to create a new digital wallet service that they hope can challenge the dominance of PayPal and Apple Pay. These seven banks claim that this new product will allow shoppers to pay at merchants’ online checkout […]
01/19/2023
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By Arsenio Toledo
Bank of America experiences disruption in online transactions, customers report funds missing from accounts
Bank of America recently experienced significant disruptions in online transactions conducted via the payment service Zelle. Many customers reported delays and funds missing from their accounts, including funds from Zelle deposits and transactions. The website DownDetector, which monitors the online statuses of websites, noted that Bank of America started experiencing problems around 1:40 a.m. on […]
01/10/2023
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By Arsenio Toledo
HYPOCRISY: Federal Reserve warns banks against using crypto while planning to develop its own digital currency
The Federal Reserve along with other federal agencies have issued a joint statement warning banks against using cryptocurrencies just as the Fed is deliberating over possibly issuing a central bank digital currency (CBDC) in the United States. The Fed was joined in its statement by the Federal Deposit Insurance Corporation (FDIC) and the Office of […]
01/07/2023
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By Arsenio Toledo
Samsung Q4 2022 profits DROP 69% due to slowing global economy and plummeting demand for semiconductors
Global electronics manufacturing giant Samsung’s operating profits dropped by 69 percent in the fourth quarter of 2022. The downturn reduced Samsung’s operating profit to $3.4 billion in the quarter that ended in Dec. 2022. The company has cited the diminished demand for electronics products and semiconductors resulting from the slowing global economy as the main […]
01/05/2023
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By Arsenio Toledo
Autonomous KILLER BOTS to dominate battlefields soon as war in Ukraine leads to significant advances in drone technology
The ongoing conflict in Ukraine and the increased reliance of both sides on the use of unmanned aerial vehicles have led to significant advances in drone technology, which are bringing closer to reality the age when fully autonomous fighting robots dominate modern battlefields. The technology was introduced during the Vietnam War in the 1950s, when both […]
01/04/2023
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By Arsenio Toledo
Biden infrastructure bill includes provision to install KILL SWITCHES in new cars beginning in 2026
President Joe Biden’s infrastructure bill includes a provision that will force all newly made vehicles in the United States to have kill switches. Biden’s infrastructure bill, officially known as the Infrastructure Investment and Jobs Act, became law after passing through Congress in late 2021. According to former U.S. Attorney and Republican Rep. Bob Barr of […]
01/03/2023
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By Arsenio Toledo
Apple gathers user data and sells it to advertisers
Your iPhone is listening in on your conversations, letting it know when you mention a certain product or service. And then, as if on cue, an ad for the exact thing you talked about will pop up on your device. Users of iPhones can use voice assistant apps like Siri. For these apps to work, they […]
12/21/2022
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By Arsenio Toledo
Coming economic collapse will be used to close banks and introduce central bank digital currencies
The coming global economic collapse will come with it the quick adoption of central bank digital currencies (CBDCs) around the world This is according to Clive Thompson, former managing director at Union Bancaire Privee, a private bank and wealth management firm in Geneva, Switzerland. He warned that this coming global financial crisis will start in one country and spread […]
12/21/2022
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By Arsenio Toledo
EU slaps Meta with antitrust charges for allegedly squeezing out classified ad rivals
Meta Platforms, the parent company of Facebook, has just been hit with a formal complaint by antitrust watchdogs in the European Union (EU) for allegedly squeezing out rivals of its classified ad services. On Monday, Dec. 19, the European Commission issued a statement of objections to Meta, which is now facing potential fines or charges if it […]
12/18/2022
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By Arsenio Toledo
Ex-Twitter employee sentenced to 3.5 years in prison for serving as SPY for Saudi Arabia
Department of Justice officials have announced Thursday, December 15, that a former Twitter employee convicted of spying for Saudi Arabia was sentenced to three-and-a-half years in prison. The former Twitter employee in question is Ahmad Abouammo. The jury of a federal court in San Francisco found him guilty back in August on criminal counts, including fraud, […]
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