Connect with us

Activism

Hong Kong’s Netizens Protest Internet Bill

Published

on

Hong Kong citizens protested along Hong Kong Streets on Wednesday night of this week, and plan to do so until the new year. Until then, they plan on informing the Hong Kong citizenry about a bill they say will infringe upon internet freedoms. 

A rally outside Hong Kong’s Legislative Council featured a banner reading, “Fight for the freedom of the next generation.” According to the LA Times, several hundred turned out in opposition to a copyright bill with implications for freedom expression.

Opponents say the bill could send them to jail for merely sending a link. Proponents believe the bill is overdue and a means of adapting copyright to the modern age. While opponents claim the bill could be used to lock up individuals who express dissent, proponents say this is not the case.

The American Chamber of Commerce in Hong Kong lobbied for two years for the bill. “Current law doesn’t allow us to take action against Internet infringement,” according to Belinda Lui, the chamber’s intellectual property issues spokesperson. “Local businesses carrying American content are being harmed.”

Some proponents do admit the bill is quite general, which could lead to problems in interpretations in legal proceedings.

“They drafted the legislation so broadly that it covers most of the activities the netizens have been doing,” Peter K. Yu, law professor and codirector of the Center for Law and Intellectual Property at Texas A&M University School of Law, told the LA Times. “Just saying ‘we’re not going to prosecute you’ doesn’t address the concerns of the netizens. Most people now interpret this as something that targets their freedom of speech.”

The Hong Kong student protests started on 27 September 2014 – this time last year. As the HK police used tear gas and batons in the crowd, the violence sparked a response from over 800,000 members of the HK community, taking to the streets the next day to protect their students. With the 25th anniversary of the Tiananmen Square massacre looming large, Hong Kong's students captured the world's attention. With a subsequent 65 days of occupation – outside the main government buildings, and on key arteries slicing the city – Hong Kong's cause permeated everything. I shot this image at the Admiralty protest sites on 28 September – as power and disbelief collided. This young man's t-shirt says: "I say, I speak – I do not act." More images to follow as the anniversary unfurls. #umbrellarevolution #occupycentral #occupyhongkong #occupyhk #scholarism #hongkong #protests #hongkongprotest #yellowumbrella #documentaryphotography #photojournalism #ukphotographer #nyphotographer #nyc #reportagespotlight #cnn #bbc #gettyreportage #everydayasia #china #hk #worldnews @alexcribs

A post shared by Harriet Dedman (@harrietdedman) on

Estimates claims 1 million signatures (Hong Kong’s population is 7.3 million) have been gathered for a petition in opposition to the bill. The city’s broadband access is similar to the US’s.

Due to historical precedents, Hong Kong does not suffer behind the so-called “Great Firewall” of China.  Complaints regarding an evolution towards stricter internet freedoms have taken hold in Hong Kong. Its criminal code means authorities can arrested people for  “obtaining access to a computer with a dishonest intent.”

Opponents plan to protest the bill through Christmas and the New Year. The bill, called Internet Article 23, will be explained to people on the streets of Hong Kong as the group plans to set up booths for that purpose. A New Year protest is planned as well. A second reading of the bill is scheduled for January 6 in the Legislative Council.

Featured image of the Admiralty protest in Hong Kong, 2014 from Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...

5 stars on average, based on 1 rated postsJustin O'Connell is the founder of financial technology focused CryptographicAsset.com. Justin organized the launch of the largest Bitcoin ATM hardware and software provider in the world at the historical Hotel del Coronado in southern California. His works appear in the U.S.'s third largest weekly, the San Diego Reader, VICE and elsewhere.




Feedback or Requests?

Activism

Stock Pick: Philip Morris

Published

on

Philip Morris International Incorporated is an American multinational firm that manufactures cigarettes and tobacco. Its products including its best-seller Marlboro cigarettes that are sold in over 180 countries around the world. The company has a diverse workforce of over 81,000 employees and touts an estimated 150 million consumers worldwide. In 2017, Philip Morris generated 7.8 billion dollars in revenues.

Technical Analysis of Philip Morris (PM)

PM looked toppish in June 2017 when it failed to take out resistance of $120 after two attempts. On top of that, the stock was trading in extreme overbought territory on the weekly chart. These were indications that bulls were exhausted.

Things went from bad to worse when the stock breached support of $110. This activated the head and shoulders reversal pattern on the daily chart and effectively reversed the trend. The downtrend saw PM drop to as low as $76.21 in June 2018. However, it appears that the worst may be over for the stock.

Technical analysis show that PM is respecting key support of $78. Bulls have defended this level since February 2012. It looks like they will continue to take control of this price level, especially after PM successfully backtested the support in August 2018.

In addition, we can see the weekly RSI breakout from its own falling wedge pattern. This is an indication that bulls are significantly gaining momentum.

Fundamental Analysis of Philip Morris (PM)

In addition, we have fundamental analysis to back up our bullish view. PM’s trailing twelve month price to earnings ratio stands at 19.78. The stock is still relatively undervalued considering that it has a five-year maximum of 28.51. This suggests that investors are generally willing to pay more for PM stocks.

On top of that, Zacks reports that Philip Morris beat expert projections for the second quarter of 2018. Analysts estimated that PM would generate revenues of $7.528 million and an earnings per share (EPS) of $1.23. However, PM brought in revenues of $7.726 million and an EPS of $1.41. With these developments, even the Wall Street Journal is overweight on the stock as they published a target price of $93.27.

The strategy is to buy as close to $78 support as possible. If bulls can successfully defend the support, then PM might be able to rally to our target of $95.

The timeline for the target is less than six months.

Weekly PM Chart

Monthly PM Chart

As of this writing, the Philip Morris International Incorporated stock (PM) is trading at 81.93.

Summary of Strategy

Buy: As close to 78 support as possible.

Target: 95

Stop: Close below 76.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...

3.7 stars on average, based on 253 rated postsKiril is a financial professional with 4+ years of experience in financial writing, analysis and product ownership. He has passed all three CFA exams on first attempt and has a bachelor's degree with a specialty in finance. Kiril’s current focus is on cryptocurrencies and ETFs, as he does his own crypto research and is the subject matter expert at ETFdb.com. He also has his personal website, InvestorAcademy.org where he teaches people about the basics of investing. His ultimate goal is to help people with limited knowledge of finance and investments to create investment portfolios easily, and in line with their unique circumstances.




Feedback or Requests?

Continue Reading

Activism

Alleged FBI Hacker Lauri Love Ordered to US Extradition by UK Home Secretary

Published

on

The long-running court saga of Lauri Love, a British hacker and activist accused of compromising and stealing data from the likes of the FBI, NASA and the US Federal Reserve has been ordered by the UK’s home secretary for his extradition to the United States.

31-year-old Love who has Asperger’s syndrome launched a legal challenge to avoid his extradition to the U.S., following a court ruling by a UK judge in September 2016. Love, who suffers from depression and eczema argued against the extradition ruling, claiming it could lead him to a mental breakdown or suicide. Despite his plea, the ruling district judge, Nina Tempia, determined that Love would be cared for by medical facilities in the United States, while accepting that Love suffered “both physical and mental issues.”

On the other side of the pond, Love potentially faces legal proceedings in three different US jurisdictions, reports the Guardian. Meanwhile, the UK home secretary had been given a deadline of November 16, in order to decide if Love was to be extradited or not. A day before the deadline, Rudd signed the order for Love’s extradition to the US. His lawyers believe he faces up to 99 years in prison if convicted of charges related to hacking.

The UK Home Office stated that Rudd had “carefully considered all relevant matters” before ruling:

[Love] has been charged with various computer hacking offences which included targeting US military and federal government agencies.

The case drew parallels to that of Gary McKinnon, a British hacker whose extradition to the US was blocked by Theresa May in 2012, as the home secretary at the time.

Love’s legal battle with the ruling garnered support from The Courage Foundation, whose acting director Sarah Harrison stated:

The US has ruthlessly persecuted hackers and digital activists for years, and nobody expects that to improve under President Trump. Theresa May set a good example by protecting Gary McKinnon back in 2012. For a home secretary in her government now to willingly send a brilliant and vulnerable UK citizen to Donald Trump’s America beggars belief.

Love was bailed earlier this year in June when US prosecutors were already doing plenty to extradite him stateside.

Lori’s alleged hacking endeavors were a part of #Oplastresort, an operation by Anonymous, the global hacktivist collective. This particular operation was in response to the treatment endured by Aaron Swartz a prominent programmer and hacktivist. Swartz faced 35 years In prison, asset forfeiture and a million dollars in fines with two counts of wire fraud. Swartz committed suicide for his alleged computer crimes.

Love’s legal defense is certain to bring up the unfortunate series of events that led to Swartz committing suicide under the threat of persecution. Love has 14 days to appeal against Rudd’s order and will almost certainly do so.

Images from YouTube/AP.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...

4 stars on average, based on 1 rated postsSamburaj is the contributing editor at Hacked and keeps tabs on science, technology and cyber security.




Feedback or Requests?

Continue Reading

Activism

WikiLeaks: Podesta Received E-mails On Extraterrestrial Disclosure

Published

on

While most fallout from the Podesta emails has been political, there are extraterrestrial implications for some of the e-mails released by whistleblower source WikiLeaks. 

An email on behalf of Apollo astronaut Dr. Edgar Mitchell to Clinton campaign chairman John Podesta turned up in the recent data dumps. The email was sent by Rebecca Wright of the Institute of Exoconsciousness. 

Mitchell requested in an email dated July 29, 2014 to meet with President Barack Obama to discuss extraterrestrial disclosure, but was partially rebuffed.

“Fifty years ago Battelle, Brookings and RAND studies on UFOs convinced the government to remove knowledge of the extraterrestrial presence from the citizens of our country. These organizations advised with their best information. However, today much, if not most, of the extraterrestrial reality they examined is known by our citizens,” the e-mail states. “These organizations’ resultant strategies and policies of 50 years ago no longer hold credibility or benefit.” Mitchell says a well-informed public is important to further disclosure. 

Podesta’s secretary wrote Mitchell saying Mr. Podesta would rather meet alone before arranging a meeting with Obama. A Skype meeting was scheduled for Aug 11, but whether or not the meeting happened is unclear. Mitchell died in February 2016.

According to the leaks, former Blink 182 frontman Tom Delonge emailed John Podesta twice about extraterrestrial beings.

“Things are moving with the project. The novels, films and nonfiction works are blooming and finishing,” DeLonge said in an October 2015 email to Podesta. “I would like to bring two very ‘important’ people out to meet you in DC. I think you will find them very interesting, as they were principal leadership relating to our sensitive topic.” DeLonge emailed again later.

“When Roswell crashed, they shipped it to the laboratory at Wright Patterson Air Force Base. General McFasland was in charge of that exact laboratory up to a couple years ago,” DeLonge wrote. “He not only knows what I’m trying to achieve, he helped assemble my advisory team. He’s a very important man.”

Hacked reported in 2015 that DeLonge was working on various ET-related projects, and the former pop-punk superstar, whose 1999 album Enema of the State sold 15 million copies worldwide, has since released books and plans to release a documentary on extra terrestrials.

Featured image from Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...

5 stars on average, based on 1 rated postsJustin O'Connell is the founder of financial technology focused CryptographicAsset.com. Justin organized the launch of the largest Bitcoin ATM hardware and software provider in the world at the historical Hotel del Coronado in southern California. His works appear in the U.S.'s third largest weekly, the San Diego Reader, VICE and elsewhere.




Feedback or Requests?

Continue Reading

Recent Comments

Recent Posts

A part of CCN

Hacked.com is Neutral and Unbiased

Hacked.com and its team members have pledged to reject any form of advertisement or sponsorships from 3rd parties. We will always be neutral and we strive towards a fully unbiased view on all topics. Whenever an author has a conflicting interest, that should be clearly stated in the post itself with a disclaimer. If you suspect that one of our team members are biased, please notify me immediately at jonas.borchgrevink(at)hacked.com.

Trending