Bernard Madoff ran a hedge fund which ran up $50bn (£33.5bn) of fraudulent losses and which he called "one big lie", prosecutors allege. Mr Madoff is alleged to have used money from new investors to pay off existing investors in the fund.
The Australian government's plan to censor the entire Internet hit another major snag this week after two of the country's largest ISPs, Telstra and InterNode, announced they would not participate in the government's proposed filtering tests.
A conference organizer asked if I could put together a DVD loop of my funniest Web videos, to play in the registration area while attendees stand in line. No problem, I thought... Guess what? On the Mac I use for video editing, most of the DVDís were unreadable. Theyíre less than four years old!
The Texas legislature is a joke. These politicians can't even follow their own rules. They are all voting multiple times.
Pictures you are observing can now be recreated with software that uses nothing but scans of your brain. It is the first "mind reading" technology to create such images from scratch, rather than picking them out from a pool of possible images.
A Clackamas County, Ore., couple accused of letting their infant daughter die by relying on prayer, rather than medicine, today asked that the charges be dropped, arguing that they infringe on their freedom of religion and their right to raise their children in their own way.
A 50-year-old man who told authorities he was fed up with teens toilet-papering his house decided to defend his property - with a squirt gun filled with fox urine. Now, Scott Wagar is in trouble with the law.
A bailout-weary Congress killed a $14 billion package to aid struggling U.S. automakers Thursday night after a partisan dispute over union wage cuts derailed a last-ditch effort to revive the emergency aid before year's end.
The title speaks for itself.
The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral.