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With all-you-can-eat data connections and global positioning chips embedded within smartphones, the ability to track down a lost or stolen handset has become significantly easier, sometimes resulting in a criminals apprehension and the swift return of said device. However,a case in New Jerseyhas highlighted the dangers of vigilante justice when it comes to tracking down and apprehending a suspect that may have stolen your phone. US youth baseball umpire Carl Ippolito was arrested on charges of simple assault and disorderly conduct after he tracked down a man who had supposedly stolen his cell phone from his car, confronting and then punching him when he denied he had been involved in the disappearance of the device....

19-year-old Ryan Cleary, the man suspected by police of involvement in a number of hacking incidences, has been charged with offences under the UK’s Computer Misuse Act. The AP writesthat Cleary faces five charges, including one related to a recent Distributed Denial of Service (DDoS) attack on Britain’s Serious Organized Crime Agency’s website, which has beenattributedto the LulzSec hacker group. The earliest charges he faces are from October and November last year and relate to attacks on the British Phonographic Industry (BPI) and the International Federation of the Phonographic Industry (IFPI) respectively....

This is a guest post byMårten Mickos(born November 6, 1962 in Finland) who was CEO ofMySQLfrom 2001 to 2009 when Sun Microsystemsbought the company. In September 2009 venture capital firm Benchmark Capital hired Mickos as an ‘Entrepreneur In Residence’ until he was named CEO ofEucalyptus Systems, the company behind the Eucalyptus open-source infrastructure for the implementation of cloud computing on computer clusters. You can follow Marten on Twitter at@martenmickos. The US is a huge market, and it’s a fantastic market for European entrepreneurs....

‘Mysterious’ billionaire cashes in $127M worth of Gates-backed pharma stock Schrödinger, Inc. is having a big year David Shaw is a stock market legend Indeed, the mostly-retired Shaw is famous among Wall Street insiders. His fund DE Shaw & Co. was one of the industry’s first ever “quant” shops, which use powerful computer algorithms to identify lucrative short-term trading signals. The Financial Times notedDE Shaw & Co’s Composite fund has posted just one annual loss since 2001 (in 2008), and returned double-digit profits in seven of the past 10 years....

‘Netflix of China’ stock tanks amid SEC probe into billion-dollar fraud allegations Wolfpack Research says Baidu’s iQiyi inflated its 2019 revenue by up to 44% IQ stock slides 14% after revealing SEC investigation The claims ring eerily similar to the Luckin Coffee scandal, in which the incumbent Chinese coffee chain’s CEO was found to havefaked more than $300 millionworth of annual revenue earlier this year. Luckin Coffee stock fell more than 94% in the fallout, and was ultimately delisted from the Nasdaq....