By Jeffrey A. Newman, Esq. MBA
Security researchers have announced that the new AI program released by China has matched the most powerful U.S. AI models in spotting security attacks. The use of Chinese AI systems has increased heavily as companies, including Microsoft, are considering whether they will offer...
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Greenroots Mingran Wang pleads guilty to spoofing charges
By Jeffrey A. Newman Esq.
Mingran Wahng of Greenroots Capital Management has pleaded guilty of more than 3,000 instances of spoofing. He has agreed to forfeit more than $1.3 million in proceeds. Spoofing is the practice of placing non-bona fide orders—which the trader at the time of placement intends...
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Judge allows US search warrant targeting executive’s AI chatbot records
By Jeffrey A. Newman, Esq. MBA
June 23, 2026
There is an interesting bit of news today concerning AI and search warrants. U.S. District Judge Lorna Schofield in Manhattan has lifted a temporary block on a search warrant issued by the United States. It involves a...
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The data center construction quagmire is now a national security problem and the clock is running
Written by Jeffrey A. Newman, Esq. MBA with the assistance of Claude.ai
I said it before and I'll say it again: we're building data centers in the wrong place. Cooling is one of the highest costs of running them, so stop building them where it's...
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Franklin’s Western Asset Management settles SEC case for $100 million regarding bond investor Ken Leech
By Jeffrey Newman Esq. MBA
Western Asset Management, part of Franklin Templeton, has agreed to pay a $100m civil penalty to settle a US Securities and Exchange Commission (SEC) investigation linked to former bond investor Ken Leech. Longtime bond investor Ken Leech, 72, pleaded guilty in connection with a...
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Former Intelligence Community Contractor Pleads Guilty to Accepting Kickbacks
A former Intelligence Community contractor pleaded guilty to conspiring to commit offenses against the United States by soliciting and accepting kickbacks.
The defendant, David Duggin, 55, of Orrtanna, Pennsylvania, was a former Senior Systems Engineer and on-site contractor at a U.S. government Intelligence Community...
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Ahold Delhaize USA Inc. to Pay $40M for Allegedly Reporting Inflated Drug Prices on Claims to Federal Healthcare Programs
The Department of Justice has settled a False Claims Act case against Ahold Delhaize USA Inc. (Ahold Delhaize), headquartered in Quincy, Massachusetts, which agreed to pay the United States and participating states a total of $40 million to resolve allegations that it violated the False Claims Act and state...
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The SpaceX IPO and the Starlink factor
By Jeffrey A. Newman, Esq. MBA
Just a few words about the SpaceX IPO. It is Starlink that I have my eye on as it is and has been making money and the revenue is on a subscription basis. In addition, Musk has broader plans afoot, including a massive...
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Government contractors and execs pay $21.3 M to settle fraud scheme about service disabled veteran owned small business contracts
By Jeffrey A. Newman, Esq. MBA
Broadway Electric Inc. (Broadway), Cornerstone Contracting Inc. (Cornerstone), Chief Executive Officer John Oehler, and President Christian Blake agreed to pay $21.3 million to resolve False Claims Act allegations that they improperly obtained federal contracts reserved for service-disabled veteran-owned small businesses and...
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U.S. adds to list of Chinese tech companies it says are helping China’s military
By Jeffrey A. Newman, Esq. MBA
The U.S. has now identified Chinese businesses as aiding Beijing’s military and has designated around two dozen including tech giants Alibaba Group and Baidu, limiting their operations in America. The additions include Chinese consumer and tech companies,...
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