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Qualcomm exec convicted of inventing company to sell his tech to Qualcomm
2025-04-18 04:45:03| Spiritual Career Counseling
Mike Dano, Editorial Director, 5G & Mobile StrategiesApril 10, 20253 Min ReadKarim Arabi was Qualcomm's VP of R&D from 2013 to 2016. During that time it looks like he had two good ideas: One was for new technology related to the "design for test" (DFT) sector of the chipset industry. The second was to secretly sell that technology back to his own employer.At least, that's the basis of a Justice Department action against Arabi that this week produced a federal jury conviction."As vice president of research and development, Mr. Arabi was entrusted with protecting Qualcomm's intellectual property rights," said IRS Special Agent in Charge Tyler Hatcher, in a release from the Justice Department. "Mr. Arabi executed a scheme to swindle Qualcomm out of $180 million for what was rightfully their own technology. This guilty verdict is reflective of outstanding investigative work by IRS-CI and our partners at the FBI and US Marshal's Service."Here's the Justice Department's remarkable indictment...
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The cautionary tale of the man who borrowed $120m with interest rates of up to 72 per cent
2025-04-18 02:45:04| Spiritual Career Counseling
In February, the Australian Securities and Investments Commission launched a discussion paper looking at whether further regulation of the private credit market is needed.ASIC will continue to place a strong focus on the private lending industry, a spokesman for the regulator said. There are well-founded concerns around the lack of disclosure and information around valuations of private assets.As if to show its teeth, last October ASIC launched legal action against one specialist lender, Oak Capital, for allegedly arranging loans designed to avoid consumer credit protections.Central to the regulators case is that a loan to a company rather than an individual does not offer the same protection as a mortgage, thereby denying the borrower the right to make a hardship application or any protection from excessive fees and interest.Oak Capital has denied the allegations, and the matter is set to play out in court in coming months before Justice Anderson.But as private credit has boo...
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Employment
New archaeological evidence could confirm the Church of the Holy Sepulchre as Jesus' crucifixion an
2025-04-18 02:45:04| Spiritual Career Counseling
A team of researchers from Sapienza University of Rome discovered remains of a plant dated to the time of Jesus death in the spring of 33 CE. By JERUSALEM POST STAFF APRIL 3, 2025 08:15 An excavation at the Church of the Holy Sepulchre in Jerusalem uncovered evidence that might confirm the tradition that Jesus was crucified and buried at the site.Archaeological work at the Church of the Holy Sepulchre resumed at the end of the month after a pause taken to preserve access during Holy Week and Easter. The pause followed challenges in excavation and restoration that required approval from the three central religious communities managing the church and a license from the Israel Antiquities Authority. The excavation started in 2022.A team of researchers from Sapienza University of Rome discovered remains of a plant dated to the time of Jesus death in the spring of 33 CE. The remains might be the same as the one mentioned in John 19:41. In that passage it was written: "Now in the place whe...
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Employment