Greek Court Rules in Spy Case

/in /tarafından

A Greek court has found four individuals guilty of breaching personal data in connection with a surveillance controversy that emerged earlier this decade.

The case relates to allegations involving unauthorized monitoring through mobile software during 2020–2021. The ruling includes prison sentences, though the time to be served remains subject to appeal.

The decision follows years of legal scrutiny into claims that journalists and political figures were targeted through digital surveillance tools. The matter has drawn significant attention within Greece and beyond, raising concerns about privacy and oversight.

Authorities have also referred aspects of the case for further investigation into potential additional offences.

The development represents a key milestone in ongoing legal proceedings related to the broader wiretapping scandal.

American Bitcoin Reports Loss

/in /tarafından

American Bitcoin posted a quarterly loss as declining cryptocurrency prices weighed on performance across the digital asset sector.

The company, which focuses on large-scale bitcoin mining and reserves management, reported negative results following a period of market volatility that affected token valuations.

During the quarter, bitcoin experienced a significant price drop, influencing the financial position of firms that maintain holdings as part of their operational strategy.

While revenue increased compared to the previous year, overall profitability was impacted by the broader market downturn.

The company continues to expand its bitcoin reserves, underscoring its long-term approach to asset accumulation despite near-term price fluctuations.

The results highlight the sensitivity of mining operations to shifts in cryptocurrency markets.

Norway Fund Uses AI Screening

/in /tarafından

Norway’s sovereign wealth fund has introduced artificial intelligence tools to identify potential environmental, social, and governance risks across its global investment portfolio.

The system analyzes newly added companies to detect warning signs such as possible links to corruption or labor issues. By rapidly scanning public information, the fund aims to strengthen oversight and reduce exposure to reputational or financial risks.

Officials noted that AI-driven analysis enables faster identification of concerns that may not be captured through traditional data sources. This capability is particularly useful when evaluating firms in regions with limited media coverage or reporting transparency.

The approach supports the fund’s broader strategy of maintaining responsible investment standards while managing long-term returns.

The initiative reflects growing adoption of advanced technologies in financial risk assessment and portfolio management.