Korean regulators on Thursday fined domestic mobile phone manufacturers and carriers 45.3 billion won (roughly $40.2 million) for price-fixing and consumer fraud. According to the Fair Trade Commission, the companies secretly agreed to inflate the prices of cell phones while advertising offers with considerable incentives. The companies’ actions apparently tricked consumers into thinking they were buying a new phone for a bargain. “Companies took advantage of the complicated price setting practice...

Funny, usually it’s the carriers doing the robbing. According to a recent report in the Wall Street Journal, eight men were indicted yesterday for allegedly using customer data to swindle AT&T and T-Mobile USA out of roughly $22 million worth of cell phones. Two former cell phone shop owners from Brooklyn, NY and six others have been formally charged with conspiracy, mail fraud, wire fraud and aggravated identity theft surrounding the scam. The men reportedly used dealer access to the carriers’...

A recent rumor of a Gmail security vulnerability that reportedly led to people having their domains hijacked was proven to be false on Wednesday. The rumor claims that a flaw in Gmail allowed unauthorized users to access a user’s Gmail account and create a forwarding filter without their knowledge; effectively stealing all incoming email. The flaw, reported by Geek Condition, was brought to light on Sunday with several Gmail users complaining that their domain names were hijacked because of this vulnera...

This rumor has been floating around since May 2007 when Pirate Bay’s own Brokep announced that Pirate Bay would launch a video streaming website (videobay.org) much like YouTube but without all the censorship. That website never came to fruition. This rumor reared its ugly head again today when an article on TechCrunch said The Pirate Bay was again trying to launch a video streaming service. It referred readers to a blog post that was supposed to have mentioned the video streaming service in a Happy Bir...