A startup company Quantum Motion has built the world's first silicon based quantum computer which was manufactured using the same transistor technology used in all modern digital electronics. The chips are made using metal oxide semicondutor chips fabircationprocess just like those used in smarphones.
Here is what the company...
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Meta earning billions on mass of fraudulent ads according to Reuters investigation
Reuters has issued a special report based on its investigation which revealed that Meta projected 10% of its 2024 revenue of $16 Billion came from ads for scams and bassed goods. The social media giant estimates that it shows users 15 billion scams daily. Reuters also pointed out that Meta has failed...
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How quantum computing will affect financial investing
By Jeffrey A. Newman Esq.
Around late September of this year, IBM and asset management company Vanguard announced that they had completed a joint study about quantum computing applications to optimize your investment portfolios. It revealed that the quantum computers can outperform conventional ways of solving portfolio otpimization problems....
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National Guardsman arrested and charged with export violation
The Department of Justice has reported that Canyon Anthony Amarys, 28, of Alamogordo, New Mexico, was arrested on October 28 in connection with his indictment for the attempted violation of the Export Control Reform Act. According to the indictment, in February 2025, at an in-person meeting between Amarys and someone he believed to...
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U.S. Treasury releases data showing $9 Billion in Iranian shadow banking
By Jeffrey A. Newman Esq.
The U.S. Department of Treasury's financial Crimes Enforcement Network ("FINCEN") has issued a Financial Trend Analysis which has identified $9 billion of potential Iranian shadow banking activity based on reporting from U.S. financial insitutions. FINCEN's analysis has revealed aspects of the complex financial and...
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U.S. Treasury says Chinese money laundering networks ran $312 Billion through US banks and some U.S. banks knew it
By Jeffrey A. Newman Esq.
The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) says in a report that Chinese money laundering networks (CMLNs) moved over $312 Billion in suspicious transactions through U.S. financial institutions, including banks, between 2020 and 2024. The networks act as a critical bridge between Mexican...
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FINCEN identities $9 Billion of Iranian shadow banking through U.S. accounts in 2024 and it’s ongoing
By Jeffrey A. Newman Esq.
The Financial Crimes Enforcement Network (FINCEN) of the U.S. Treasury, has conducted an investigation that has unveiled over $9 billion of potential Iranian shadow banking activity that occurred through U.S. correspondent accounts in 2024, according toĀ the agency analysisĀ from U.S....
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The U.S. gives Pakistan $55.1 Million in 2025 while it signs a deal with China to promote its quantum computing program
By Jeffrey A. Newman Esq.
Pakistan just signed a Memorandum of understanding with China's Electronics Technology Group Corporation to collaborate on research, development and innovation in quantum technologies. Both China and Pakistan stand to gain from such collaboration as Quantum computing is considered the most significant upcoming technology, surpassing...
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The U.S. GSA bans some goods from China but accepts others including some that enter our most secret military supply chains
By Jeffrey A. Newman Esq.
Our General Service Administration (GSA) manages and supports federal government functions including procuring products and services to federal agencies including our Department of Defense and our armed forces. Numerous government and industry reports in 2024-2025 have warned that U.S. defense supply chains, including...
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Drug cartels, and China’s money laundering networks and some US banks are in cahoots
By Jeffrey A. Newman Esq.
With our nations focus on stopping the drug cartels from transporting drugs into the United States, banks that knowingly do business with drug cartels can face legal proceedings, as allowing the cartels to launder their money is illegal. In addition whistleblowers working in banks...
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