Online invaders hack Binance for over $40 million Horace C. White Modern Tokyo Times Hackers hit Binance Crypto Exchange, Steal $40.7 in Bitcoin The world’s biggest cryptocurrency exchange, Binance, has been reportedly hacked by unknown persons. It announced Tuesday that there has been an incursion on its online platform, which led to the loss of…
Is Facebook on the verge of downfall? Horace C. White Modern Tokyo Times The Possible Downfall of Facebook Facebook! Facebook! Facebook! Indeed, that name rings a bell. Even in the remotest part of the world, Facebook is a well-known social media (SM) platform. In fact, this mirrors its unparalleled popularity. As a social network, Facebook…
LockerGoga wrecking havoc on cyber systems Horace C. White Modern Tokyo Times LockerGoga: Are manufacturing companies under threat? I.T.-based companies around the world are investing a sizable fraction of their revenues in building formidable cyber defense systems against viruses. For many of them, devoting a huge sum of their revenues to upgrading their firewalls and antivirus…
Cyber insurance may be the solution for preventing cyberattacks Horace C. White Modern Tokyo Times Cyberattacks impacting well-known brands In December 2018, the Modern Tokyo Times reported that one of the world’s leading hotel chains, Marriot International, came under heavy cyberattacks. In the report, the Modern Tokyo Times pointed out that the unknown cyber assailants…
Is a global Bill of Rights needed to protect digital privacy against China’s cashless systems? Horace C. White Modern Tokyo Times China’s Cashless Systems: A Flagrant Violation of Human Rights Technology keeps shaping our world every day. And the beauty of innovative technology is that it has no substitute. For instance, the United States automaker…
Are Banking Trojans on the rise? Horace C. White Modern Tokyo Times Banking Trojans increase by 16% in 2018 Moscow-based cybersecurity firm Kaspersky Lab Solutions has raised an alarm over the skyrocketing number of cyberattacks with popular malware, Banking Trojans. According to the cybersecurity company, Banking Trojans attacked about 889,452 users of its anti-phishing…
Israel and NSO Group: Pegasus spyware found in over 40 nations is alarming journalists Lee Jay Walker Modern Tokyo Times In 2017, the NSO Group was highlighted by Modern Tokyo Times in relation to its spyware being used against journalists in Mexico. However, despite the negative human rights issue related to this Israeli company, it…
Will Apple revolutionize the media industry? Horace C. White Modern Tokyo Times Apple’s news subscription service to reshape the global media industry If the New York Times report is anything to go by, U.S. smartphone maker Apple is on the verge of launching its news subscription service before the end of this month. Already, Apple…
Common cybersecurity standards a solution sites Huawei to allay US concerns Noriko Watanabe and Lee Jay Walker Modern Tokyo Times Huawei, understanding international concern about security risks is calling for the need for an international approach to allay fears of certain governments. This notably applies to America and staunch allies that have also spoken out…
Myanmar attracts investment from the Northeast Asian powers of China, Japan, and South Korea Sawako Utsumi and Lee Jay Walker Modern Tokyo Times The economic powers of Northeast Asia continue to view the future of Myanmar in a positive light. Hence, continuing investments, infrastructural projects, political goodwill, and the collective understanding of the many difficulties…
Saudi Crown Prince Mohammed bin Salman treated with high dignity in China, India, and Pakistan Lee Jay Walker Modern Tokyo Times Crown Prince Mohammed bin Salman is the most promising monarch to have taken over important reigns in Saudi Arabia. This is based on his modernist tendencies and his desire to transform this kingdom and…
JP Morgan moves forward with bold cryptocurrency initiative Horace C. White Modern Tokyo Times The cryptocurrency industry gets a boost as JP Morgan joins the fray Last Thursday, US banking giant JP Morgan Chase announced that it would launch its cryptocurrency, JPM Coin. By this announcement, the investment and financial institution will become the first…
Cyberattacks may force companies to finally assess cyber risks Horace C. White Modern Tokyo Times Mondelez vs. Zurich case turn the spotlight on insurance companies Much as the widely reported NotPetya malware attacks are gradually disappearing from the headlines, its aftermath still holds sway. Apparently, the Mondelez vs. Zurich Case has become a constant reminder…
Arrests in Poland Contribute to the International Controversies Surrounding Huawei By: John Dotson China Brief The Jamestown Foundation Introduction The December 1, 2018, arrest of Huawei chief financial officer Meng Wanzhou (孟晚舟) in Vancouver—an arrest made by Canadian officials pursuant to a warrant issued in the United States—touched off a three-way diplomatic firestorm between China,…
Net Neutrality debate goes full throttle Horace C. White Modern Tokyo Times The net neutrality rhetoric gets more interesting For many broadband providers in the United States, the concept of net neutrality is already dead on arrival. No doubt, they will stop at nothing to ensure that net neutrality principles don’t see the light…
America and China: Who will win the 5G technology tussle? Horace C. White Modern Tokyo Times 5G tech War Update: Huawei official appears in court As the United States basks in the partial halt of a 35-day federal government shutdown, the Trump administration still has a lot to worry about. Besides the failure of…
Myanmar needs international support: Archbishop Maung Bo says protect “Our Mother Irrawaddy” Sawako Utsumi and Lee Jay Walker Modern Tokyo Times The Roman Catholic Archbishop of Yangon, Charles Maung Bo, is demanding that the Myitsone Dam is taken off the table in Myanmar. This relates to stopping China from impacting on the River Irrawaddy by…
Emerging EU Policies Take a Harder Look at Chinese Investments By: Ashley Feng, Sagatom Saha China Brief The Jamestown Foundation Like the Belt and Road Initiative (BRI), foreign direct investment (FDI) from the People’s Republic of China (PRC) now has a much broader reach than Beijing’s own backyard. It is well-known that Washington is actively…
Google slammed for GDPR violation by the European UnionHorace C. White Modern Tokyo Times Google becomes the first victim of GDPR On Friday, May 25, 2018, customers of tech-based companies received loads of email, notifying them that their service providers would be updating their Privacy Policy. Indeed, these companies were reacting to the deadline issued…
Western powers need to support Myanmar and the path of democracy under Aung San Suu Kyi Sawako Utsumi and Lee Jay Walker Modern Tokyo Times The State Counsellor of Myanmar, Aung San Suu Kyi, is determined to maintain the path of democracy in this country and to solve countless protracted ethnic issues that blight the…
Will quantum computing cripple the cryptocurrency? Horace C. White Modern Tokyo Times Quantum computing: the underrated cryptocurrrency threat Cryptocurrency is a crypto-asset that uses secure cryptography to process financial transactions. Last week, blockchain service enabler Ternio launched its first blockchain product, BlockCard (TM). Blockcard (TM) is one of the three crypto debit cards in the United States. According…
Nikkei index in Japan declines by 5% in one day: The long shadow of America Noriko Watanabe and Sawako Uchida Modern Tokyo Times The Nikkei index in Japan fell by 5% based on mainly external factors. Despite this, if the internal fundamentals were sound then irrespective of events in America the fall would have been…
Lack of diversity at U.S. tech companies stifles innovation Horace C. White Modern Tokyo Times The US tech industry stifles innovation To lots of millennials out there, the Internet was the best thing that ever happened to their generation. In truth, this makes perfect sense given the degree of transformation the interconnected computer network (otherwise…
Can e-money become the new global standard? Horace C. White Modern Tokyo Times E-money set to become the new world order amid setbacks Digital revolution is currently sweeping through the global financial services industry, disrupting the way people do business around the world. To be sure, more and more banks are compelled to key into…
Is China ratcheting up its cyber attacks on U.S. interests? Horace C. White Modern Tokyo Times China fingered in Marriott International cyber attack By now, you are probably aware that hackers have been having a field day on the databases of nine high-class hotels managed by Starwood Hotels and Resorts Worldwide LLC, a subsidiary…
Ripple may change the calculus in Huawei fiasco caught in the US-China trade crossfire Horace C. White Modern Tokyo Times Huawei caught in the US-China trade crossfire The trade dispute between the United States and China is far from over as Chinese telecom equipment giant Huawei Technologies has become its latest prey. Indeed, the trade…
United States tech companies failing to heave Trump’s stance on China Horace C. White Modern Tokyo Times When U.S. President Donald Trump came into office, he left no one in doubt regarding his stance on China. Through actions, tweets, and utterances, President Trump sent out strong-worded messages that China has become U.S. arch rival. While the Chinese government appears perturbed by this development, it is apparent that its primary focus is helping Chinese firms build their global brands with Africa a strategic partner.…
Quad Restrictions: Addressing PRC Investment Concerns in the Indo-Pacific By: Ashley Feng, Sagatom Saha The Jamestown Foundation Washington has recently taken a tougher tack to growing inbound investment from the People’s Republic of China (PRC) by strengthening the Committee on Foreign Investment in the United States (CFIUS), but its security partners in the PRC’s backyard…
Nissan scandal involving the under-reporting of 5 billion yen in income: Ghosn and greed Noriko Watanabe and Lee Jay Walker Modern Tokyo Times The Chairman of Nissan Motor Co., Carlos Ghosn, is being investigated for the alleged underreporting of some 5 billion yen in income over a period of five years. If the Tokyo…
Myanmar leader says, “Southeast Asia’s final frontier market” but based on “social cohesion” Sawako Utsumi and Lee Jay Walker Modern Tokyo Times The State Counsellor of Myanmar, Daw Aung San Suu Kyi, touted this nation for being “Southeast Asia’s final frontier market with innumerable investment opportunities.” However, true to the nature of this esteemed leader,…
South Caucasus Eyes Becoming a Hub Along EU–China Transportation Route Publication: Eurasia Daily Monitor Volume: 15 Issue: 158 By: Ayaz Rzayev, Vasif Huseynov The Jamestown Foundation On October 15, the European Union adopted a new strategy on connecting Europe and Asia (Consilium.europa.eu, October 15), which became a major theme at the latest Asia-Europe Meeting (ASEM)…
Prime Minister Abe of Japan meets President Xi of China: A wary eye remains Sawako Utsumi and Chika Mori Modern Tokyo Times Prime Minister Shinzo Abe of Japan is on a visit to China in the hope of improving relations. This notably applies to the economic approach because Abe, just like President Xi Jinping, is…
