New details about the Justice Department’s ongoing probe into insider trading reveal a strong focus on technology and hot consumer products like the iPad.
Walter Shimoon, a senior director at Flextronics, an Apple supplier, was arrested today, charged with leaking details about the iPad way back in 2009, according to Reuters.
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The Securities and Exchange Commission will not misuse its newfound power to reject Freedom of Information Act requests, SEC chairman Mary Schapiro said today at a House of Representatives hearing.
A section of the Dodd-Frank financial reform bill signed by President Obama in July allows the SEC to turn down FOIA requests pertaining Read More
On Tuesday ABC News published a major exclusive about increased security on flights between the United States and Dubai from Brian Ross, the network’s chief investigative correspondent. The story has since been removed from network’s website, according to Salon’s Justin Elliott.
A spokesman for ABC told Mr. Elliott that the network never retracted Read More
Agree To Disagree
Editors at Rupert Murdoch’s News of the World are snorting at The New York Times Magazine‘s investigation of phone-hacking at the gossip tabloid.
The Guardian wrote through The Times‘ article today, and checked-in with News of the World managing editor Bill Akass. He said assertions made by The Times — namely that Read More