6 Burst results for "Two Hundred And Thirty Billion Dollars"
"two hundred thirty billion dollars" Discussed on Accidental Tech Podcast
"Kind of as revolutionary as the measure feature on the phone or. Yeah it's cool but in the end ruler really works better. I echo your enthusiasm both of you but i think your talking about step thirty and we're on step two because i swear they had said at some point during the presentation that requires some software called cinema four d. it requires mac. Os monterey so. There's a lot more involved in this. Then oh yeah yeah. There's a software story. I think this is more of a framework than an app. But like the point is like the sensors are the you know. The the sensors and the fusion of sensor input is the important thing giving a usd. Listen by you anything. Although maybe can i just display usd files. Safari can like i. It's really gets supported in some places. I don't know anyway be right. They did show him dragging a thing and to send them before they were doing like chocolate croissant and that chocolate croissant did not aid alec appetizing and be looked little melty. That's true. i think that was state of the union though and also usd is a picture format. It was. I think there was a big announcement at dub dub several years ago to marco's point where they said. Oh we're supporting this. And you can use safari like marco said and so on and so forth but it's actually pixar format Swift apparently the majority of the top one thousand aps or using swift. They talked about a sink and actors very briefly in the keynote They talked about the app store which is quote safe and trusted and they wanted us to know that they've paid two hundred thirty billion dollars to developers We're going to be getting what appeared to be ab testing and multiple different pages for your apps for your app in the app store seeking like tweak things give different features different users All sorts of different stuff. They're they're also introducing the concept of inap- events. So you know they said something about pokemon. Go and i don't play go but i guess like there's some sort of big event coming up or what was the. What's the switch game that everyone loved that you have to like sell rice or something like that crossing to sell rice. That's exactly what the exactly what the game medical wanted to come away from. Well did did i or did i not get one of you there. That's all that matters turnips but school. Yeah ok well. Anyway i knew was a rice. Remember was being yell. If there's this big turn-up sale or whatever going on thursday at ten in the evening then you can. You can tell apple that by some mechanism and they will potentially promote that in the app store on your device which is kind of cool They in they announced ex code cloud which sounds super freaking awesome. Except they won't tell us how much it's going to cost. And that kinda ruined it for me. But what is it. It's basically Apple run a continuous integration And to deployment so you can have builds run in the cloud you can have tests done in the cloud don all this being done in parallel And you can go do the releases. To test flight automated. It is very very cool. Affirm sound of it. We learned the state of the union. It is super duper integrated into ex code. You can today sign up to potentially be included in a beta which i've already done But that being said they're not going to make it real until next year and i think the pricing in the fall or something like that and it. It's a tough nut to crack. Because if you're a little indie developer. Like me or marco. You're probably not going to be very expensive to do cia cd but if your i don't know epic for example and you're running these humongous games testing them across all of these devices and running unit tests all the time and so on and so forth. It could get really expensive for apple to run this. So i don't know what they're gonna do about pricing. That seems like a tough nut to crack really bummed that they didn't even give a hint as to what it's going to cost although it's understandable but if it's cheap enough the sound super duper cool. I'm really interested in it. One question i have. And i probably kinda. The answer is but like look. So if you're if you're doing development on a not so fast mac with not too many cores at a certain point maybe faster for you to build your next code cloud. I say this is someone who knows exactly how long it takes to sort of submit anything route to apple. Even just notarized mac. App takes way longer than it would if you did it locally in my experience but at a certain point like on these graphs there is a threshold beyond which it actually is faster. Have your thing built in the cloud. Technically that's possible. I don't know what the wait times will be like an echo cloud. What kind of machines. They'll have building your thing But i was trying to think of a scenario. Marco might be interested in this. Hey if you could develop on your little mac mini or your macbook air instead of your upcoming forty core arm based mac pro if they use the forty car arm as mac pro to do your bills if you paid the maximum amount for x. code in the cloud maybe that would be attractive to you. Maybe not maybe you still want the become close by but it's just a possibility. Yeah it's something. I mean it certainly would make development easier if you have a macbook air in the future and you have some massively complex project or you try to us to make one view So it there are uses for that but in practice. I don't know if that will actually play out that way but we'll find out anyway. Thank you to our sponsors this week. Mac welton one password and yes please and thank you to our members who support us directly you can join. Atp that fm slash join and we will talk to you next week. Now this show is over. Didn't even mean to begin because.
"two hundred thirty billion dollars" Discussed on Telecom Reseller
"Hello. This is Don with with the channel daily news from Telecom reseller today. We're speaking with Scott Thornhill. He is the chief Revenue officer for telling how you doing today. Scott doing good. Thanks for having me on we spoke a short time ago about Ellie in general and not how it is an emerging company as a leader in the Sip trunking and programmable API space. And today we're going to talk a little bit more about the apis. But before we do, can you give us a little overview of chili? Absolutely. Yeah soteli is a company that's based in Denver and with offices worldwide we have most of the people here at I have extensive IP telephony backgrounds including myself many of us came from the carrier space and the you cast space messaging and in 911 spaces, so we're very very well-versed in IP telephony dead. We leverage a cure one carrier backbone and we have direct peers to all of the messaging Gateway providers in the USA. And then we have our own 60 gigabit IP phone and then that plugs into those those two your one carrier networks. So on average we switch anywhere between 300 to half a billion messages per month. So we're considered one of the the top off bulk messaging or wholesale messaging providers out there. Getting to our subject. There's a lot of different components of technology and delivering voices one having the texting capability is another but most people just don't take advantage of the third and that's really the void PPI. Can you give our listeners an overview of that technology and that industry? It's really it's explosive. And I think many people will be surprised to learn that the the actual programmable way p i industry and especially the message of components about two hundred thirty billion dollars say that's what it was forecasted to do in twenty Twenty-One. And of course, that's pretty cool but interesting enough 60% of that market is actually around the messaging and smart call routing or ID off and the API markets actually growing at 20% annually. So it's very explosive and it's continuing to be a part of our everyday lives. In fact many of the brands and we love and use every day wage are using apis a third-party providers. So if you're making an online payment to PayPal if you're using Uber you're ordering coffee through Starbucks in all.
How The Danske Bank Money Laundering Scheme Involving 230 Billion Unraveled
"Money laundering is the way clever crooks hide individually spend all the money they've stolen in this tale about what's believed to be the biggest money laundering scheme in history. It involves nearly a quarter of a trillion dollars a very suspicious money from Russia and the former Soviet Union that was funneled into the western banking system, right, under the noses of major banks and regulators in the United States in Europe, who either facilitated it or turned a blind eye at the heart of it is a whistle blower, who found one loose thread in decided to pull on it. Howard Wilkinson is an Oxford man, cautious prudent and a bit of a stickler after his cover was blown last fall in a newspaper article is the person who uncovered the scandal he has spent much of his time wandering the British countryside. Trying not to be found. A whistle blower in a case involving two Russian money. It's not a good place to be you're still concerned, you've got to the very nature of the people who want to learn the money, probably means that not the so you want to go down the pub and have a pint with, but he did sit down with us and told his tale about a financial crime. So big it's hard to fathom and number that's reported for the whole thing over the six or seven years is two hundred and thirty million dollars of suspicious, money one Bank one Bank, two hundred and fifty branch branch Wilkinson had worked. There is a mid level executive for dansko back the biggest financial institution in Denmark, and one of the most respectable banks in Europe is head of markets for the Baltics. He worked out of a branch into Lynn Estonia, the former Soviet Republic now a NATO member right next door to the Russian bear. There were Cancian's, but also business. -tunities in Wilkinson, eventually discovered his branches. Biggest business was converting Russian rubles of highly questionable origin in the Chris clean on traceable American dollars customers will be calling every morning fleas. I want to sell twenty million rubles by Dulles. We would quote them the price that they would get the Dulles Doulos. basically, that was that was the last part of what we did. And there was nothing legal about that. Frank supposed to check the money coming in. Is it clean on the Bank supposed to check what does the money go in the end and you're saying it wasn't being done? Evidently, it wasn't being done. That's an example liberty understatement. International money, laundering laws require that banks know their customers and report suspicious transactions to thorns yet suspicious. Transactions would turn out to be the vast majority of the business in the banks non-resident portfolio, which was made up of clients from Russia as her by John and other. Former Soviet states, a lot of this money came into the Bank was out the door the next day, right? The next day or you think it was that slow. The customers would every everyday they would sell rubles dollas in that would be what we'd say we didn't, we didn't see where the money went, so your businesses really execute the traits, basically. The clients absolutely, not, not the clients job Wilkinson was assured was being done by a special committee that carefully screened, all international customers before they were allowed to open an account. He discovered otherwise almost by accident when a colleague asked him to help with some paperwork on one of the banks. Big customers, a British company called Lantana trade L, L P to me being British the face place to look for financial information about companies, the public register public apparently this was rocket science. This is rookie science and I wanted to have to pass it. Wilkinson consulted a British government website known as companies have paid while pound one dollars thirty. The company's financial statements and it was a bit strange because it said that the company was Dolman not Dolman means the company hasn't done a single transaction. He knew that couldn't have been right. Having looked Atlanta's banks tape how much Lantana money was passing through the back up to twenty million day, twenty million a day sometimes not exactly dormant is not to the public documents raised other suspicions, when panacea to be a British company in name, only with the postal address it an unremarkable office building in north London that it shared with at least sixty four other show companies with accounted dansko Bank, Estonia and connections to remote exotic places known for banking secrecy in money laundering. So we've got a UK company with a registered office in north London with an accountant, Estonian, Bank, actually, on by Russians and the, the onus of. From the Seychelles, and the mosh alliance to Wilkinson it screamed money, laundering, he explained what he found the people at the Bank, who handled the Russian accounts and was told that it was a simple paperwork. Screw up that would be fixed. Thirteen months later, he heard that Lantana had been told the take its banking business. Elsewhere, among the concerns was money laundering by a member of the Putin family sanctity, Mr. eagle Putin. Who's I think the cousin of the Russian president that are links to the FSP? The FSBA is, I think the success of KGB's some sort of secret police the people running the company have been associated with several banks going bust in Russia and absecon Tim stance. stances eager Putin, the president's first cousin is been associated with other Russian money laundering schemes, but as always professed his innocence, the Howard, Wilkinson hearing, the Putin name was further confirmation that something was wrong to do that. This needs to go to copay in this need to go to that head office. So I made a whistle blowing reports to full, very senior executives including one of the executive board whistle blogger, Paul about what's happened. What seems to be real concerned that others at the Bank might be involved in a cover-up Wilkinson decided to look into three more of the thanks customers that were registered in Britain up three pounds on, I took they counts for these next three and they will false your four for four full. Is it possible that people just could have missed this? Well, then went sixteen sixteen by looking at twelve so of which fifteen with the same address. So, yeah. Some point is stocks being possible to coincidence, not just with the account. So folks, they counsel basically look the same just change a couple of numbers where they will basically look the same when you started doing all this, what did people say to you at the back, nothing nothing? Exactly nothing. People stop calling around to say, is it true that a high ranking executive at the Bank told you, quote. The spank is not the police, the Bank has no obligation to report false clients accounts to the authorities. So frustrated with the lack of action Wilkinson resigned and took his family back to Britain. It would take nearly five years for dansko Bank to come up with answers after printing from the Scandinavian in European press after reviewing more than six thousand non-resident accounts, it, acknowledged that news conference last fall, that it's tiny Estonian branch was the gateway for what may be the largest money laundering case in history. I'd only scratched the surface, however, huge numbers saying to me back in twenty thirteen back in twenty fourteen unbelievably, I just scratched the surface of actually going on in the pike. Do you have any idea what percentage of that money was dirty? They said the almost all the customers was suspicious so far at least eighteen former dansko Bank employees are facing charges in the case including. Former CEO Thomas Borgen in his chief financial officer, the Bank itself faces four counts of violating the Danish anti money laundering, at Danske Bank itself, admits to a complete breakdown of every single internal control. This isn't one or two mistakes. This is a mistake of their entire system over years of which they profited, immensely, attorney Stephen Cohn, who has been representing whistle blowers for more than thirty years. And is Howard Wilkinson's lawyer says dansko Bank is not the only one that's profited from the scheme. Most of the two hundred thirty billion dollars pass through big, New York banks undetected for years. What does that sheer number two hundred thirty billion dollars? Tell you, we'll first off, it's almost impossible, but your hands around you dealing with major financial institutions, worldwide, who are complicit. When you sit complicit what do you mean? The. Moment. You're doing money laundering, and large amounts of money, billions, hundreds of
Pound's fate could worsen as investors see multitude of risks with May, Brexit
"Of the deal along the pound if you're an investor who's a little skittish about this and doesn't want to stomach that volatility going through the end of the year until we figure out what's actually going to happen. You might want to take some of that UK risk off the table inequities. The Danish parliament is about to hear testimony on a massive. Money laundering scandal involving dansko Bank. The country's biggest Bank lawmakers want to know how much of about two hundred thirty billion dollars that flowed through an Estonian unit dansko between two thousand seven and two thousand fifteen was illicit and who was responsible for it. The Bank whose former CEO was escorted out of the building last month for his role in the scandal is also under criminal investigation by the US Justice
Under fire Danske Bank faces fresh money laundering inquiry
"Power of these tech companies. Now you bring up the fact that they're becoming a media company. And of course we had AT and t. Time Warner merger which included CNN and of what the judge said in his ruling was looking at the outsized power of these companies in the digital advertising space. You see that response, but is regulation. The right strategy are finds the right strategy is any of that going to make a difference when you consider how large the market capitalization of these four or five companies are. So when you have a company like Google with one hundred billion dollars in cash and you find five billion dollars, what you're actively telling Google to do is to continue to break the law. If you had a parking meter in front of your house, that cost one hundred dollars an hour, but the ticket was twenty five cents. You would continue to break the law and that's what we've been telling these companies to do with fines. That might sound large dollar terms, but in terms of impact aren't that large, you ask what we should do. I believe regulation has unintended consequences. I think GDP are has actually emboli. And strengthen these companies position. I believe that the future to oxygen eight, the marketplace is to break these guys up. I think antitrust action is the way to go that there is a real risk of that. Now, I know that the US attorney general Jeff Sessions having a meeting with states attorneys generals next week to discuss this very topic restarting to hear that word, antitrust rebates starting to hear the word monopoly associated with some of these companies. Is that a growing regulatory risk for these mega tech companies? Could you actually see them getting broken up? I used to think there was no way because Amazon is eighty eight fulltime lobbyists in DC. We in the US I would say suffer a little bit from what I call this gross idolatry of innovators and billionaires. We see them as our heroes, but I do think there is a movement of foot now, whether it happens out of DC, I would say most likely, no. I think the pushback is gonna come out of Brussels and possibly a red state. We're an attorney general in that state's he's at the brightest blue line path. The governor's mansion is to make an argument against these tech. Companies to quite frankly probably haven't been good. Have they been going for California? Yes, New York s? Has it been good for Kansas? What's happened to the ad agencies? The retailers, the businesses in those states. I think a lot of these red states have decided, you know, big tech it. We've been net losers here, so I don't think it's going to come out at DC at might the DOJ should absolutely do its job. The call to restrain. The acquisition of this company was read in comparison to the power of these other companies. So I actually do believe there's there is a non zero probability now that the DOJ or the FTC or a state AG Michael after these companies and accused him of anticompetitive behavior and propose antitrust and breaking up as a solution. It's an interesting paradox because you have Amazon yet to announce the second location for its headquarters, and you have, you know, local mayors and governors of morning Amazon at the same time. You see it coming under increasing potential enemy trust scrutiny and other bad headlines following it as well. Do you. You see public opinion changing at all toward the power of these big tough tech companies. While at the same time, we're also dependent on the warm is absolutely turned two years ago. The only argument was is more Christ. Like we're going to be the next president among their see is really the weaponization of the Facebook platform by the GRU of the Russian government changed everything. And now. Oh, citizens. Citizens have are starting to feel a lot more wary about these firms, but you brought up an interesting point the competition to be the host of the next age. Q. and regulation are linked Stephanie because the next headquarters for Amazon will be Washington DC, the metro area, and the reason why, and it was always going to be DC is one the basis have a home there, and CEO gets to pick with a company. Second headquarters are going to be. And so the only thing standing in between Amazon, Amazon's valuation of one trillion in two trillion is regulation, and no one is going to regulate the individual. The throws out the first pitch at the two thousand nineteen opening game of the Washington nationals which will be Jeff Bezos. This competition was a Reuss to transfer wealth from fire departments and school departments to this shareholders of Amazon. It was always going to be DC. This has been a terrible abuse of the Commonwealth. And how many lobbyists does Amazon have in DC right now. Last check Eighty-eight fulltime lobbyists in DC, Scott Galloway. We're gonna have to see if you're right on that. It's going to be embarrassing of announce big Indianapolis. Well, DC could certainly use the jobs, Scott. Thank you so much. Thank you. Let's turn to Europe and the massive money laundering case that shaking the financial world is he? Oh, of Dansk of Bank is out a new report from the firm details. It's employee's failure to conduct basic due diligence on customers and managers, failure to heed warning signs. The tentacles of the investigation and the alleged wrongdoing are spreading regulators in the United States, Denmark and Estonia, or all probing, dansko bank's operations and the probes center on the banks, tiny subsidiary in Stony a- lax controls. They're allowed through more than two hundred thirty billion dollars. They came from thousands of suspicious customers outside Estonia and that dollar amount is nearly twice what was previously reported. The Bank is alleged to have become a conduit for money coming from Russia and former Soviet states. The allegations are linked with fraud cases exposed by Bill. Browder anti-us former lawyer Sergei Magnitsky who was murdered in a Russian prison. Bill Browder himself was kicked out of Russia. He has since filed several criminal complaints over dansko banks. Behavior Bill is the CEO of Hermitage
Danske Flags More Than $230 Billion in Transactions Related to Money-Laundering Probe
"Largest Bank dansko has resigned over the money laundering scandal. Thomas Borgen is leaving following investigations into funds that were transferred through its operation in Estonia by customers based in Russia and other parts of the former Soviet Union. The Bank said it was investigating about two hundred thirty billion dollars worth of transactions made there between two thousand and seven and two thousand fifteen Dansk is vice chair. Carol sergeant said the scandal had damaged the Bank. Clearly there have been very serious weaknesses in the approach to anti money laundering in Estonia, which should not have happened with major reputational consequences for the Bank, which we realize will be hard to repair, Denmark and Estonia have launched criminal investigations.