London: American intelligence agency FBI is reportedly developing new software to scan social networks Twitter and Facebook to look for emerging threats and predict crimes. The FBI has asked technology firms to create software that can effectively scan the websites for words, phrases and other suspected behaviour, the Telegraph reported. It will also be able to translate from foreign languages as well as detect patterns of users misleading the police....
01:07 PM, Jan 29, 2012
Caracas: Venezuelan President Hugo Chavez said on Saturday his government will close its consulate in Miami after the US government expelled a diplomat. Chavez said his government has decided the consulate will shut its doors in what he called an "administrative closing" in response to the consul's expulsion by the US State Department. Livia Acosta Noguera, Venezuela's consul general in Miami, was ordered out of the US last weekend followed...
09:24 AM, Jan 14, 2012
Clint Eastwood's J Edgar, a biographical drama on the life of the first director of America's Federal Bureau of investigation. ...
05:26 PM, Jan 13, 2012
Washington: The US authorities are investigating allegations that an Indian government spy unit hacked into emails of an official US commission that monitors economic and security relations between the United States and China, including cyber-security issues. The request for an investigation came after hackers posted on the Internet what purports to be an Indian military intelligence document on cyber-spying, which discusses plans to target the commission - apparently using technical...
03:24 AM, Jan 11, 2012
Washington: Long after he vanished in Iran, retired FBI agent Robert Levinson has reappeared in a video and a series of photographs sent to his family over the past year. The surprising proof of life transformed his mysterious disappearance into a hostage standoff. The problem for Levinson's family is the US has no idea who has him. In the 54-second video, sent in November 2010, Levinson pleaded for help and...
02:28 PM, Dec 09, 2011
Suspected ISI agent Ghulam Nabi Fai has pleaded guilty to charges of spying for Pakistan's intelligence agency. ...
07:51 AM, Dec 08, 2011
Washington: Pakistan's powerful spy agency ISI funnelled millions of dollars for more than two decades to influence US policy on Kashmir through separatist leader Ghulam Nabi Fai, according to FBI. A 43-page affidavit filed by the FBI in a US Court in July after it arrested Fai had said that the Kashmiri separatist was illegally lobbying for Pakistan. Fai, 62, is the director of the Kashmiri American Council, a Washington-based...
10:40 PM, Dec 07, 2011
New York: Hedge fund multimillionaire Raj Rajaratnam began serving his 11-year prison sentence on Monday - the longest on record for insider trading - at a former military base near a small, leafy Massachusetts town. The 54-year-old Galleon Group founder reported to the prison about 40 miles northwest of Boston, at 12.43 pm, said Robert Lanza, a spokesman for the Federal Medical Center Devens in Ayer, Massachusetts. He gave no...
11:20 AM, Dec 06, 2011
New York: Just five days before he was due to start his 11-year jail term for insider trading, hedge fund founder Raj Rajaratnam's lawyers made a last ditch effort to keep him out of jail, asking a US court to let him be free on bail while he appeals his conviction. 54-year-old Rajaratnam's prison sentence is scheduled to begin on December 5 at a federal penitentiary in Massachusetts. A three-judge...
12:41 PM, Dec 01, 2011
New York: At least two Goldman Sachs Group Inc executives face potential interviews under oath in the top US market regulator's civil insider trading case against a former director of the firm, Rajat Gupta, a court heard on Friday. The names of president and chief operating officer Gary Cohn and David Loeb, a managing director, came up at oral arguments in Manhattan federal court over whether or not depositions should...
11:59 AM, Nov 20, 2011
New York: A federal judge ordered Raj Rajaratnam, the Galleon Group hedge fund founder sentenced to 11 years in prison for insider trading, to pay a record $92.8 million penalty in a related US Securities and Exchange Commission civil case. The penalty imposed by US District Judge Jed Rakoff in Manhattan is in addition to the $63.8 million that Rajaratnam's lawyers said their client has already paid in his criminal...
05:29 AM, Nov 09, 2011
Mumbai: Before Indra Nooyi became CEO of PepsiCo Inc or Vikram Pandit took the reins at Citigroup Inc there was Rajat Gupta, the original "global Indian" who was the first to head a major Western business. More than 17 years after first being elected head of McKinsey & Co, the management consultancy, Gupta was charged last week in part of the same insider trading investigation that saw his friend, hedge...
08:27 AM, Oct 31, 2011
New York: Convicted hedge fund tycoon Raj Rajaratnam has already paid more than $ 63 million in penalties, ordered by the judge who sentenced him two weeks ago for insider trading, one of his lawyers said on Friday in New York federal court. Rajaratnam, 54, is going to prison for 11 years - the longest sentence recorded for an insider-trading case - as the central figure in a broad government...
10:45 AM, Oct 29, 2011
The United States Attorney's Office, Southern District of New York has released a July 29, 2008 US Federal Bureau of Investigation wiretap recording of a conversation between then Goldman Sachs director Rajat Gupta and Galleon Group founder Raj Rajaratnam. Listen. ...
05:09 PM, Oct 28, 2011
New York: Diwali for Rajat Gupta, facing insider trading charges, was dark but the Indian-American poster boy of Wall Street success felt it was auspicious to surrender on the day of the festival of lights, thinking that "gods will protect him". Gupta's fall from grace came on the day his native country India was celebrating Diwali, a festival that marks the triumph of good over evil. "He believed it was...
02:21 PM, Oct 27, 2011
Former Goldman Sachs director Rajat Gupta has been released on a $ 10 million bail bond. ...
01:26 PM, Oct 27, 2011
New York: Rajat Gupta, a former director of Goldman Sachs Group Inc and Procter & Gamble, was arrested on Wednesday on insider trading charges, making him the most prominent executive to be accused in a broad US crackdown on illegal leaks of corporate secrets. Gupta, 62, surrendered to FBI agents on charges that he disclosed confidential information about Goldman and Procter & Gamble to his friend, former hedge fund manager...
11:42 PM, Oct 26, 2011
Former Goldman Sachs director Rajat Gupta has surrendered to the FBI in the US insider trading case on Wednesday. ...
08:06 PM, Oct 26, 2011
New York: Rajat Gupta, a former Goldman Sachs Group Inc director and former global head of McKinsey & Co, was in FBI custody on Wednesday on criminal charges related to his hedge fund manager friend Raj Rajaratnam, the central figure in a US crackdown on insider trading. An FBI spokesman said Gupta, 62, surrendered to agents at his home in Connecticut and he was driven to the New York FBI...
06:33 PM, Oct 26, 2011
New York: Former Goldman Sachs director Rajat Gupta, one of the most prominent Indian-Americans in the country's financial scene, is likely to surrender before authorities in New York on Wednesday as prosecutors are expected to file criminal charges against him in a massive insider trading scheme. A report in the New York Times quoted people briefed on the matter as saying that criminal charges would be filed against Gupta. The...
08:52 AM, Oct 26, 2011
