The FBI raided Polymarket CEO Shayne Coplan's Manhattan apartment, seizing his phone and electronic devices. A source close to the matter told The New York Post it was politically motivated due to Polymarket's successful prediction of Trump's election win. It's "grand political theater at its worst," the source said. "They could have asked his lawyer for any of these things. Instead, they staged a so-called raid so they can leak it to the media and use it for obvious political reasons." Although no charges were filed, the raid has sparked controversy, with speculation of political retribution and concerns over potential market manipulation, as Polymarket faces scrutiny both in the U.S. and from French regulators. The New York Post reports: Coplan was not arrested and has not been charged, a Polymarket spokesperson told The Post on Wednesday evening. "Polymarket is a fully transparent prediction market that helps everyday people better understand the events that matter most to them, including elections," the rep said. "We charge no fees, take no trading positions, and allow observers from around the world to analyze all market data as a public good." Coplan posted on X after his run-in with the feds: "New phone, who dis?" Polymarket does not allow trading in the US, though bettors can bypass the ban by accessing the site through VPN. The FBI's investigation comes a week after Coplan said Polymarket is planning to return to the US. [...] In 2022, the online gambling platform was forced to pause its trading in the US and pay a $1.4 million penalty to settle charges with the Commodity Futures Trading Commission that it had failed to register with the agency. [In France, regulators are investigating Polymarket's compliance with national gambling laws, with concerns about unauthorized gambling activities within the country.] A Fortune report published a week before the election found widespread evidence of wash-trading on Polymarket. "Polymarket's Terms of Use expressly prohibit market manipulation," a Polymarket spokesperson told Fortune in a statement.

Read more of this story at Slashdot.

NEW YORK — Federal law enforcement agents raided the downtown New York home of Polymarket CEO Shayne Coplan on Wednesday, seizing his phone and electronics, the company confirmed. The early morning raid of Coplan's SoHo apartment followed last week's presidential election, in which bettors on Polymarket, an offshore, crypto-fueled election gambling website, had for weeks put Donald Trump's odds drastically higher than those of Vice President Kamala Harris, in sharp divergence from opinion polls. Coplan, Polymarket's 26-year-old founder, was roused from his bed at 6 a.m. by FBI agents demanding he give them his electronic devices. The DOJ is investigating Polymarket for allegedly allowing U.S.-based users to bet on the site, Bloomberg News reported Wednesday evening. Polymarket declined to comment on those allegations, but a spokesperson said the FBI raid was "obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election." The company told Reuters that Coplan had not been arrested or taken into custody. The FBI declined to comment. The Department of Justice and the White House did not respond to requests for comment on the raid. In the run-up to the presidential election, the site gained widespread attention for the way it placed Trump's odds high above those of Harris, when opinion polls had for months shown the race in a dead heat. Polymarket, which does not allow trading in the U.S., also gained scrutiny after a mystery French trader, known as the Polymarket whale, made large bets on Trump winning the election. The trader's huge wagers came in tandem with a dramatic rise in Trump's chances on the exchanges. He walked away with more than $46 million in profit. Last week, France's gambling regulator said it was examining whether Polymarket complies with French laws.

When it comes to rebranding, what can your small business learn from a manufacturing giant like Sharp Electronics? Quite a lot, as it turns out.

After its purchase by Japanese electronics manufacturer Hon Hai Precision earlier this year, Sharp went through an extensive rebranding process to focus on its home appliance division.

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THOUSANDS OF SEIZED PRODUCTS AUCTIONED OFF EVERY DAY

You don’t have to be a nerd or “techie” to want to keep up with the latest and greatest gadgets in the marketplace today. One thing you do have to do, though, is know how to look for the best deals on electronics. With a little strategy, you can buy the latest smartphones, smart TVs […]

The post How To Save Money on Electronics appeared first on Clark Howard.

 Leviton announced its OmniTouch 7 touchscreen was recognized by the Consumer Electronics Association's TechHome Division with the 2014 Mark of Excellence (MOE) Award of Human Interface of Product of the Year.  

Viking Electronics Inc. announced the release of its new 2021 Product Catalog.

Everything online in the industry, from white papers to webinars

Smart Electric North America, LLC is opening its North American headquarters in Conover, NC at 1550 Deborah Herman Road SW. SENA plans to build market share by supplying quality components and finished goods to the top tier lighting companies in the US first; then abroad.

Catawba County offers electronics and paint recycling, year round, at Blackburn Landfill during regular landfill operating hours, as of July 1.

LG Electronics USA expanded its line of ENERGY STAR-certified Inverter Heat Pump Water Heaters with two new models featuring demand response and a water leakage detection sensor, ensuring a comprehensive domestic water heating solution for residential applications.

Future Electronics is ready to bring customers into 2023 and beyond with Energy Innovation for the future.

EV charging is a major up and coming industry with incredible innovation opportunities. Future Electronics can guide customers through this industry with their Energy Innovation program.

As trends change, smart grids will begin to play a bigger role in the monitoring, control, and distribution of energy. Future Electronics is ready to guide customers through this industry with their Energy Innovation program.

Future Electronics is contributing to reforestation efforts in Quebec by matching all employee donations to One Tree Planted.

Future Electronics is implementing eco-friendly changes at its Montreal office in an effort to reduce waste and increase sustainability.

Future Electronics is hosting Tech Day in Montreal on June 15th, 2023 featuring new technologies, innovations and keynote speakers.

Future Electronics is hosting Tech Day in Boston on June 13th, 2023 featuring new technologies, demos, and keynote presentations.

Future Electronics will host annual Advanced Engineering University in Pointe Claire, Quebec in November 2023.

Future Electronics hosted one of the industry's most Advanced hands-on and interactive learning events in Boston for Tech Day 2023.

Future Electronics recently hosted a national sales conference for Sales and Engineering leaders filled with learning, collaborating, and networking opportunities.

Future Electronics attended the 2023 Calgary Stampede and hosted employees, customers, and suppliers for a VIP experience

Future Electronics recently hosted Advanced Engineering University for the first time in Singapore.

Future Electronics will host an exciting Tech Day event in the Southern California region.

Future Electronics was presented with the Best Global Distributor award from Diodes Incorporated at their 2023 Global Distribution Conference.

Future Electronics has recently received two awards from the Melexis Asia Distribution Summit.

DPI's technical representatives and experienced team of engineers work closely with customers, assisting them with design for manufacturing and other value-added services.

CABLETIME will showcase at two major events this October: GITEX Global 2024 in Dubai and the Global Source Consumer Electronics Autumn Fair in Hong Kong.

Future Electronics will host an exciting Tech Day event in the Pacific Northwest region of the USA.

Future Electronics will host its annual Advanced Engineering University in Montreal, Quebec in November 2023.

Future Electronics has made a generous donation to the nonprofit FIRST, an organization promoting STEM learning and leadership in youth.

Future Electronics hosted an edition of their Advanced Engineering University in Shanghai, China, entitled "Gear Up for Growth".

Future Electronics hosted an awards gala at the 2023 Montreal edition of Advanced Engineering University to celebrate outstanding employee achievements.

Future Electronics' Digital Marketing team came together for a team-building activity to gather donations for a local charity this holiday season.

Forty-four of Future Electronics leaders have completed the Workplace Mental Health Leadership Certificate from Queens University as part of the Company's ongoing workplace wellness program.

Michael S. Clark is noted for excellence in laboratory management at Compatible Electronics Inc.

Robert A. Chapin is a distinguished expert in naval technology and undersea systems

Brian J. Heimer celebrated for over 36 years of professional success

Future Electronics today announced the further strengthening of its global executive team, with Omar Baig as President, CEO and Chairman of the organization. Omar will be supported by a nine-person multidisciplinary Executive Committee.

"We always look forward to the annual ISC Event. We participate because we believe we bring good things to the industry. Always happy to be here with our friends."

Future Electronics hosted the first edition of the Market Intelligence Seminar in Dortmund, Germany.

Future Electronics will host a team building workshop focusing on the benefits of improv comedy for its employees, starting with the Digital Marketing & E-Commerce Team.

The perfect combination of innovation and technology: DYU presents a new definition of the future of mobility

The Agricultural Industry Electronics Foundation signs MoU with ETSI

Sophia Antipolis, 20 January 2021

On 7 January, the Agricultural Industry Electronics Foundation (AEF) signed a Memorandum for Understanding (MoU) with ETSI.

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Whether you are working on an unmanned aerial vehicle or drone, a car, or an entirely new way to get around, such as a hoverboard, testing is a must. (Yes, hoverboards need testing too.) Physical evaluation testing is required in an increasing number of industries, including electronics.

Testing potential improvements can get complicated when working with multiple suppliers in different steps of a process. Using a Monte Carlo Simulation can help illuminate the results you’d like to see.

Teledyne Technologies [TDY] on Monday said it has acquired Micropac Industries [MPAD] in a $57.3 million deal that adds electronic components used in space, military, industrial, and medical applications. The […]

The Defense Department last Friday said it has awarded $148 million that will go to its eight regional hubs under a program designed to bolster domestic microelectronics innovation and production. […]

Thomas Yoon, president and CEO, LG North America CEO, addresses barriers to market growth at a recent White House executive roundtable. 

LG Art Cool™ Premier delivers unrivaled performance. Efficient and quiet (down to 17dB(A)) the duct-free air conditioning system delivers powerful heating performance down to -13°F.