Tag: $100 million

Google co-founder fuels flying car labs: report

SAN FRANCISCO, United States (AFP) — Google co-founder Larry Page has secretly poured more than $100 million into building flying cars, Bloomberg reported Thursday. Page has backed Zee.Aero while striving to keep his involvement hidden, according to the report that cited unnamed sources described as having intimate knowledge of the flying car startup launched in 2010. “Based in the heart of Silicon Valley, Zee is developing a revolutionary new form of transportation,” the startup said […]

Part of $100 mn hacked from Bangladesh Bank recovered: statement

DHAKA, Bangladesh (AFP) — Bangladesh’s central bank said Monday that part of almost $100 million allegedly stolen from a reserve account in the United States last month has been recovered. Suspected Chinese hackers stole the money from the foreign exchange account in the Federal Reserve Bank of New York on February 5, according to a central bank official and media reports. Some of the money was then illegally transferred online to the Philippines and Sri […]