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Iphone

Apple Promises Software Update to Address iPhone 15 Overheating Complaints (cnbc.com) 62

An anonymous reader shared this report from CNBC: Apple said on Saturday that it will issue a software update that would address customer complaints about the latest iPhone 15 models, released just over a week ago, running hot.

Apple said that the new iPhone models were running hot because of a combination of bugs in iOS 17, bugs in apps, and a temporary set-up period... After Apple released the new iPhone 15 models earlier this month, user complaints on Apple's forums, Reddit, and social media suggest that all four models can get hotter than expected during use. CNBC's review of the new iPhone Pros also noted the iPhone 15 Pro Max got hot. "I just got the iPhone 15 Pro today and it's so hot i can't even hold it for very long!" wrote one commenter on Apple's forums.

Apple's new high-end models, the $999 iPhone 15 Pro and $1,199 iPhone 15 Pro Max have a redesigned titanium enclosure with an aluminum frame to make them easier to repair. The problem with the new models overheating was not related to the titanium chassis design, Apple said. Instead, Apple points to bugs with specific apps and a bug in iOS that can be fixed with software updates.

AI

Social Media Dunks on an AI-Generated 'Batman' Comic Strip (cbr.com) 110

"OpenAI's latest image generation model, DALL-E 3, makes it SO easy to create comic books!" posted Ammaar Reshi on Twitter. The former Palintir product manager (now a design manager at Brex) then shared "four panels for a fan-made Batman comic made in under five minutes."

Comic Book Resources reports that then "social media spent most of the day dunking on the post, criticizing the idea of celebrating the idea of a 'comic' created through 'A.I. art.'" Comic book artist Javier Rodriguez noted that this is no different from simply cutting and pasting other comic books into a comic... ["You could do the same thing a while ago with a photocopier and some scissors. Stealing other people's art seems easier now and lucrative for those behind generative models."] Comic book writer Sarah Horrocks called out the use of Brian Bolland's work... ["That's literally just Brian Bolland's Joker. The shamelessness of this 'technology' is appalling. I guess it's okay to steal. Just call it AI."]

Justine Bateman, the former actor who has become a vocal opponent of A.I. usage in the arts, explained that DC must act to legally protect usage like this in the future... ["@DCOfficial, the longer you wait to send legal teams to @OpenAI, etc to demand that generative #AI training sets containing your copyrighted work be deleted, the more you make your entire library 'fair use'..."]

Republicans

Republican Presidential Candidates Criticize TikTok as 'Dangerous', 'Controlled by Communist China' 167

Wednesday seven U.S. Republican candidates for President held their second debate before the 2024 primary — during which TikTok led to some surprisingly heated attacks against entrepreneur Vivek Ramaswamy:

Moderator: Mr. Ramaswamy, TikTok is banned on government-issed devices because of its ties to the Chinese government. Yet you joined TikTok at the dinner with boxer and influencer Jake Paul. Should the commander in chief be so easily persuaded by an influencer?

Vivek Ramaswamy: So the answer is, I have a radical idea for the Republican party: we need to win elections. And part of how we win elections is reaching the next generation of young Americans where they are. So when I get into office, I've been very clear. Kids under the age of 16 should not be using addictive social media. We're only going to ever get to declaring independence from China, which I favor, if we actually win. So while the Democrats are running rampant reaching the next generation three-to-one, there's exactly one person in the Republican party — which talks a big game about reaching young people — and that's me.... [Scattered applause]

Donald Trump declined to participate in the debate. But his former vice president Mike Pence immediately interrupted to say that "TikTok is controlled by the Chinese communist party." Continuing criticisms he'd made in an earlier interview, Pence said that TikTok "compromises the privacy of Americans every day."

Ramaswamy responded "And that is why we will end it once we win this election."

This immediately drew a strong response from from South Carolina governor Nikki Haley (also a former US ambassador to the UN): Nikki Haley: This is infuriating, because TikTok is one of the most dangerous social media apps —

Ramaswamy: Yes it is.

Haley: — that we could have. And once you've got — honestly, every time I hear you, I feel a little bit dumber for what you say. Because I can't believe that — here you've got a TikTok situation. What they're doing is these — 150 million people are on TikTok. That means they can get your contacts, they can get your financial information, they can get your emails, they can get —

Ramaswamy: Let me just say —

Haley: — your text messages, they can get all of these things.

Ramaswamy: Hurling — this is important. This is very important for our party —

Haley: China knows exactly what they're doing.

Ramaswamy: This is very important for our party, and I'm going to say it —

Haley: And what we've seen is you've gone and you've helped China go make medicines in China, not America.

Ramaswamy: Excuse me, excuse me —

Haley: You're now wanting kids to go and get on this social media that's dangerous for all of us. You went and you were in business with the Chinese... We can't trust you. We can't trust you. We can't have TikTok in our kids' lives. We need to ban it. [Loud applause]

Moderator: You have 15 seconds, Mr. Ramaswamy.

Ramaswamy: I think we would be better served as a Republican party if we're not sitting here hurling personal insults, and actually have a legitimate debate.
Transportation

Kia and Hyundai Blame TikTok and Instagram For Their Cars Getting Stolen (vice.com) 80

Aaron Gordon writes via Motherboard: Kia and Hyundai say it is not their fault that their cars are being stolen in an unprecedented theft surge made possible by the vehicles lacking a basic anti-theft technology virtually every other car has, according to a recent court filing. Instead, the companies point the finger at social media companies, such as TikTok and Instagram, where instructions on how to steal the cars have been widely shared and thieves show off their stolen cars.

The lawyers representing the two corporations -- which are owned by the same parent company -- are not subtle about this argument. The filing (PDF) -- in which the company is arguing a roughly $200 million class-action settlement ought to be approved by the court -- includes an entire section heading titled "Social Media and Intervening Third-Party Criminals Caused An Unprecedented Increase In Thefts." The lawyers argue in that section that because Kia and Hyundai vehicles have "not been the subject of significant theft" before the Kia Boys social media trend, social media and the people who steal the cars -- and not the car companies -- are to blame for the thefts. This argument is summarized in the section titled "Social Media Incited Unprecedented Rise In Thefts." The filing broadly reflects both the public communications strategy Kia and Hyundai have used throughout this crisis and some of the national news headlines that have covered the story,

The Courts

Supreme Court To Decide If State Laws Limiting Social Media Platforms Violate Constitution (apnews.com) 42

An anonymous reader quotes a report from the Associated Press: The Supreme Court agreed Friday to decide whether state laws that seek to regulate Facebook, TikTok, X and other social media platforms violate the Constitution. The justices will review laws enacted by Republican-dominated legislatures and signed by Republican governors in Florida and Texas. While the details vary, both laws aim to prevent the social media companies from censoring users based on their viewpoints. The court's announcement, three days before the start of its new term, comes as the justices continue to grapple with how laws written at the dawn of the digital age, or earlier, apply to the online world.

The justices had already agreed to decide whether public officials can block critics from commenting on their social media accounts [...]. Separately, the high court also could consider a lower-court order limiting executive branch officials' communications with social media companies about controversial online posts. The new social media cases follow conflicting rulings by two appeals courts, one of which upheld the Texas law, while the other struck down Florida's statute. By a 5-4 vote, the justices kept the Texas law on hold while litigation over it continues.

Businesses

Letterboxd, Online Haven for Film Nerds, Gets a New Owner (nytimes.com) 1

Two designers from New Zealand built a wildly popular social network for movie buffs. Now, they're cashing in (and sticking around for the sequel). The New York Times: The "Barbie" star Margot Robbie created an account. Ditto Rian Johnson, the "Knives Out" auteur. Christopher McQuarrie, Tom Cruise's directing partner, has used his to heap praise on another action star (Sylvester Stallone). Letterboxd, the social network for recommending and reviewing movies, has become a kind of shibboleth for film nerds over the past decade. Roughly 10 million people now use the service to share their favorites: You like Studio Ghibli, too? What's your favorite Spike Lee joint?

The service has not undergone any revolutionary changes since it was founded in 2011. But Letterboxd is undergoing two big changes: a new owner and, eventually, user recommendations and review of TV shows. Matthew Buchanan and Karl von Randow, Letterboxd's founders, announced on Friday that they were selling a majority stake in the service to Tiny, a public company in Victoria, British Columbia. The deal values Letterboxd at more than $50 million, said a person familiar with the sale, who spoke on the condition of anonymity to discuss confidential financial information.

Mr. Buchanan and Mr. von Randow, two entrepreneurs based in New Zealand, have reassurances for their users who may be afraid of what a sale could mean for their corner of the internet. First, neither co-founder is planning to leave any time soon, and both will remain shareholders. And the service itself isn't changing immediately. The proposal to incorporate TV is still in its infancy, and the founders said they did not expect that the addition would disrupt their existing products.

Advertising

Reddit Is Removing Ability To Opt Out of Ad Personalization Based On Your Activity (techcrunch.com) 54

Ivan Mehta writes via TechCrunch: Reddit said Wednesday that the platform is revamping its privacy settings with an aim to make ad personalization and account visibility toggles consistent. Most notably though, it is removing the ability to opt out of ad personalization based on Reddit activity. The company said that it will still have opt-out controls in "select countries" without specifying which ones. It mentioned in a blog post that users won't see more ads but they will see better-targeted ads following this change.

The company is essentially removing the option to not track you based on whatever you do on Reddit. Additionally, Reddit is consolidating two toggles on showing ads based on activity and information from partners into one toggle. So there is no way to separate those two settings now. Reddit is seemingly removing toggles for getting post recommendations based on "general location" and activity on partner sites and apps. It's not clear if this means those parameters will be used for post suggestions by default and there is no way to turn them off.

The social network said it will also roll out controls to limit certain advertising categories such as alcohol, weight loss, dating, gambling pregnancy and parenting. The company noted that ad-limiting controls will possibly show you fewer ads from mentioned categories if the toggles are turned off, but won't possibly filter out all ads. Reddit justified this by saying it uses manual tagging and machine learning to label ads, so there is a chance that it is not 100% accurate. Reddit is also simplifying its location customization setting under a single menu, which will be easily accessible through settings on apps and on the web.

Japan

Freelancers Aren't Happy With Japan's New Invoice System (japantimes.co.jp) 33

An anonymous reader quotes a report from the Japan Times: From Oct. 1, a new tax regulation decades in the making will go into effect -- and hundreds of thousands of workers in Japan are angry. The Qualified Invoicing System, which requires taxable businesses to issue invoices containing tax information for transactions, has generated a full-fledged movement against it. A petition on Change.org to halt the regulation has received nearly 450,000 signatures. The social movement [...] has held regular demonstrations and conferences advocating against the law, alongside significant protest from the world of pop culture: Animators, filmmakers, voice actors, manga artists and V-tubers of all stripes have joined together against it.

While the law is complex, the reason it's hated is not: It's effectively a tax increase. While the system was created to ensure that businesses will properly pay consumption tax, for many freelancers and small businesses the result will amount to a 10% increase in taxes -- a high enough jump to potentially devastate creatives who already make a living by the narrowest of margins. [...] Those who have already registered as taxable businesses or sole proprietors with sales of over 10 million yen are required to register for the system. Small freelancers and tax-exempt businesses, however, will need to consider carefully what to do. "Tax compliance will be the biggest issue for freelancers," [says Fumiko Mizoguchi, indirect tax service country leader at Deloitte]. "If freelancers agree to issue qualified invoices, they should offer the counter-suggestion that their prices will increase 10% as a result."

Meanwhile, the protest movement is steady on the ground in Tokyo. Voiction, which has been meeting with legislators to try to halt the law, plans on continuing to fight through the rest of the year and beyond. [Voice actress Yuhko Kaida] explains that the government could still decide to allow small businesses to not file 2023's consumption tax in March 2024, when taxes are due. "If we have the willpower, we can stop this law," Kaida says. "Then we can reduce the damage to people's lives."

Iphone

iPhone 15 Pro Owners Complain About Overheating Problems (wsj.com) 46

The new iPhone 15 Pro may be too hot for some to handle. Literally. WSJ: Apple's priciest new iPhones are heating up in some scenarios, reaching high temperatures that make them difficult to touch at certain times, according to reviews, tests by The Wall Street Journal and social-media posts from buyers in China, the U.S. and Canada. Some iPhone 14 Pro owners have noticed similar hot temperatures over the past year. The high temperatures in Apple's newest 15 Pro models -- typically when charging and using intensive apps -- are prompting concerns that the company might need to address overheating in software updates that could impact performance. Premium iPhones have long been a critical cash cow for Apple as smartphone demand has slumped globally.

The company is hoping the iPhone 15, especially its Pro models, will return its business to growth. Thomas Galvin, a 23-year-old from Cleveland, says his iPhone 15 Pro Max has been "super hot" and that he is considering returning it. Apple customer support told him the heat was a result of setting up the new phone, but even a few days later, it is still "way worse than the iPhone 13 Pro Max," he said. Other users on X (formerly known as Twitter) and Reddit have had similar complaints about the heat, with some mentioning that the phone had become so warm it is difficult to hold. The Wall Street Journal's Joanna Stern noted in her review last week that the iPhone 15 Pro Max hit 106 degrees Fahrenheit while charging. In further testing, the phone reached temperatures up to 112 degrees when simultaneously charging and doing processor-intensive tasks, such as gaming.

Social Networks

Indonesia To Ban Purchases On Social Media Like TikTok (cnbc.com) 5

Indonesia said it will bar social media companies from allowing transactions and doubling as e-commerce platforms -- all to prevent misuse of public data. "This means that users in Indonesia cannot buy or sell products and services on TikTok and Facebook," reports CNBC. From the report: In a media conference Monday, Minister of Trade Zulkifli Hasan said that "the connection [between social media and e-commerce] must be separated so that the algorithm is not all controlled" and this "prevents the use of personal data" for business purposes. Indonesia also said it would also regulate which overseas goods can be sold, adding these products would receive the same treatment as offline domestic goods. The move comes as foreign goods become increasingly available in Indonesia through social media platforms. "Social commerce was born to solve a real world problem for local traditional small sellers, by matching them with local creators who can help drive traffic to their online shops," a TikTok spokesperson said in response to the move.

"While we respect local laws and regulations, we hope that the regulations take into account its impact on the livelihoods of more than 6 million sellers and close to 7 million affiliate creators who use TikTok Shop."
AI

AI-Generated 'Subliminal Messages' Are Going Viral 21

An anonymous reader quotes a report from Motherboard: Every week, the social media hype-train seems to find new ways to sensationalize generative AI tools. Most recently, a new technique that allows users to produce optical illusions went viral, with some describing the results as AI-generated images with "subliminal" messages. The technique, called ControlNet, essentially lets users have more control over the generated image by specifying additional inputs -- in this case, letting you create images or words within other images. Some users characterized this as a form of "hidden message" that could be used to implant suggestions in the form of subtle visual cues, like a McDonald's "M" logo appearing in the outlines of a movie poster.

ControlNet uses the AI image-generating tool Stable Diffusion, and one of its initial uses was generating fancy QR codes using the code as an input image. That idea was then taken further, with some users developing a workflow that lets them specify any image or text as a black-and-white mask that implants itself into the generated image -- kind of like an automated, generative version of the masking tool in Photoshop.
Graphics

Burkey Belser, Designer of Ubiquitous Nutrition Facts Label, Dies At 76 (washingtonpost.com) 26

An anonymous reader quotes a report from the Washington Post: Burkey Belser, a graphic designer who created the ubiquitous nutrition facts label -- a stark rectangle listing calories, fat, sodium and other content information -- that adorns the packaging of nearly every digestible product in grocery stores, died Sept. 25 at his home in Bethesda, Md. He was 76. The cause was bladder cancer, said his wife Donna Greenfield, with whom he founded the Washington, D.C., design firm Greenfield/Belser.

Mr. Belser's nutrition facts label -- rendered in bold and light Helvetica type -- was celebrated as a triumph of public health and graphic design when it debuted in 1994 following passage of the Nutrition Labeling and Education Act. Although some products had previously included nutritional information, there was no set standard, and the information was of little public health value in helping consumers make better food choices. The new law, drafted as obesity and other diet-related illnesses were surging, required mandatory food labels with nutrients presented in the context of a healthy 2,000-calorie-a-day diet.

Writing in a journal published by the Professional Association for Design, Massimo Vignelli, the renowned Italian designer, called Mr. Belser's creation a "clean testimonial of civilization, a statement of social responsibility, and a masterpiece of graphic design." The Food and Drug Administration chose Mr. Belser to design the nutrition label following his success creating the black and yellow energy guide label for appliances. Once dubbed the "Steve Jobs of information design," Mr. Belser's fondness for exceedingly simple design perfectly suited him for a job that required stripping down nutritional facts to the bare essentials.
The report proceeds to tell the tale of how Mr. Belser worked pro bono with his team to labor through three dozen iterations of the label, ultimately settling on "simplicity in itself."

"There's a harmony about it, and the presentation has no extraneous components to it," Belser told The Washington Post. "The words are left and right justified, which gave it a kind of balance. There was no grammatical punctuation like commas or periods or parentheses that would slow the reader down."

He compared the finished product -- which he later adapted to over-the-counter drugs -- to the Apple iPod. "The detail is so important that you wouldn't even notice it and if you didn't notice it's a sign that it succeeded," he said. "I don't know if anybody's heart beats faster when they see nutrition facts, but they sense a pleasure that they get the information they need."
Iphone

Does the iPhone 15 Have an Overheating Problem? (digitaltrends.com) 57

Some early adopters of Apple's iPhone 15 have taken to social media to complain about overheating issues. Digital Trends' Bryan Wolfe writes: Over the past few days, various user complaints have popped up online by iPhone 15 owners saying their new devices are overheating. Some, for example, have taken to the Apple discussion groups to express their dismay, while others have left messages on Reddit and elsewhere. New smartphones commonly heat up more than usual during setup and in the first 24 hours of use, even those not manufactured by Apple. The issues being reported may have occurred during these instances. Speaking from personal experience, Android Authority's Aamir Siddiqui said he, too, has noticed his iPhone 15 Pro Max running very hot, even after the initial 24 hours of setup and settling in.

Korean YouTuber BullsLab also captured high temperatures using a thermal camera.
Businesses

Reddit Will Start Paying You Real Money For Your Karma (techcrunch.com) 65

Reddit announced a contributor program on Monday, which awards users actual, real money for their fake internet points. From a report: Now, eligible users will be able to convert their Reddit gold and karma into fiat currency (no, not crypto), which is dispersed once per month. So far, the Reddit contributor program is limited to users in the United States (to start, at least) who are over the age of 18 and can verify their identity via Persona and Stripe. Accounts must have existed for over 30 days, and only safe for work posts can be monetized.
China

WSJ Criticizes 'the Billionaire Keeping TikTok On Phones In the US' (msn.com) 72

Six months ago Republican Senator Josh Hawley proposed legislation banning downloads of TikTok in the U.S. But this week he told the Wall Street Journal that "TikTok and its dark-money cronies are spending vast amounts of money to kill these bills."

The newspaper argues that TikTok's "friends" in the U.S. government — backed by billionaire financier Jeff Yass — "helped stall attempts to outlaw America's most-downloaded app." Yass's investment company, Susquehanna International Group, bet big on TikTok in 2012, buying a stake in parent company ByteDance now measured at about 15%. That translates into a personal stake for Yass of 7% in ByteDance. It is worth roughly $21 billion based on the company's recent valuation, or much of his $28 billion net worth as gauged by Bloomberg.

Yass is also one of the top donors to the Club for Growth, an influential conservative group that rallied Republican opposition to a TikTok ban. Yass has donated $61 million to the Club for Growth's political-spending arm since 2010, or about 24% of its total, according to federal records. Club for Growth made public its opposition to banning TikTok in March, in an opinion article by its president, at a time when sentiment against the platform among segments of both parties was running high on Capitol Hill... With many Democrats already skeptical of a ban, the whittling away of Republican support killed momentum for several bills, including the bipartisan Restrict Act backed by the Biden administration...

TikTok's own lobbying efforts in Washington have included hundreds of meetings and other contacts, according to a person familiar with the matter. One of its main arguments to Republicans has been that a majority of ByteDance's shareholders are Americans, and some are well-connected conservatives, this person said. The lobbying appears to have helped push House Republican lawmakers to back away from the idea of a ban on TikTok and focus instead on legislation that would put new legal protections in place for users' personal data...

The Biden administration hasn't indicated any change in its effort to ban the app or force its sale. It could still try to use executive powers to ban it, or force a sale to remove Chinese control. But without legislation, analysts say those orders could be overturned in court.

Moon

India's Moon Lander Has Not Replied to Its First Wake-Up Call (nytimes.com) 34

"As the sun rose on Friday over the lunar plateau where India's Vikram lander and Pragyan rover sit, the robotic explorers remained silent," writes the New York Times: The Indian Space Research Organization, India's equivalent of NASA, said on Friday that mission controllers on the ground had sent a wake-up message to Vikram. The lander, as expected, did not reply. Efforts will continue over the next few days, but this could well be the conclusion of Chandrayaan-3, India's first successful space mission to the surface of another world...

The hope was that when sunlight again warmed the solar panels, the spacecraft would recharge and revive. But that was wishful thinking. Neither Vikram nor Pragyan were designed to survive a long, frigid lunar night when temperatures plunge to more than a hundred degrees below zero, far colder than the electronic components were designed for. The spacecraft designers could have added heaters or used more resilient components, but that would have added cost, weight and complexity...

The mission's science observations included a temperature probe deployed from Vikram that pushed into the lunar soil. The probe recorded a sharp drop, from about 120 degrees Fahrenheit at the surface to 10 degrees just three inches down. Lunar soil is a poor conductor of heat. The poor heat conduction could be a boon for future astronauts; an underground outpost would be well-insulated from the enormous temperature swings at the surface. Another instrument on Vikram, a seismometer, detected on Aug. 26 what appeared to be a moonquake... The Pragyan measurement suggests that concentrations of sulfur might be higher in the polar regions. Sulfur is a useful element in technologies like solar cells and batteries, as well as in fertilizer and concrete.

Before it went to sleep earlier this month, Vikram made a small final move, firing its engines to rise about 16 inches above the surface before softly landing again. The hop shifted Vikram's position by 12 to 16 inches, ISRO said. "Hoping for a successful awakening for another set of assignments!" ISRO posted on X, the social network formerly known as Twitter, on Sept. 2. "Else, it will forever stay there as India's lunar ambassador."

"Efforts to establish contact will continue," ISRO tweeted yesterday...
Security

MGM Resorts Computers Back Up After 10 Days as Analysts Eye Effects of Casino Cyberattacks (apnews.com) 31

MGM Resorts brought to an end a 10-day computer shutdown prompted by efforts to shield from a cyberattack data including hotel reservations and credit card processing, the casino giant said Wednesday, as analysts and academics measured the effects of the event. From a report: "We are pleased that all of our hotels and casinos are operating normally," the Las Vegas-based company posted on X, the platform formerly known as Twitter. It reported last week that the attack was detected Sept. 10. Rival casino owner Caesars Entertainment also disclosed last week to federal regulators that it was hit by a cyberattack Sept. 7. It said that its casino and online operations were not disrupted but it could not guarantee that personal information about tens of millions of customers, including driver's licenses and Social Security numbers of loyalty rewards members, had not been compromised. Caesars, based in Reno, is widely reported to have paid $15 million of a $30 million ransom sought by a group called Scattered Spider for a promise to secure the data.
XBox (Games)

Xbox Exec Says Leaked 'Old Emails and Documents' Have 'Outdated' Info 8

Yesterday's massive leaks from the Microsoft vs. FTC case have a large swath of the gaming world expecting that a more powerful, disc-free Xbox Series X refresh could be coming as soon as next year. But Xbox boss Phil Spencer is warning that players shouldn't put too much stock in what he called "old emails and documents." ArsTechnica adds: "It is hard to see our team's work shared in this way because so much has changed and there's so much to be excited about right now, and in the future," Spencer wrote on social media late Tuesday. "We will share the real plans when we are ready." Spencer followed up that post with a memo sent to the Xbox team, apologizing for the unintentional disclosure of internal plans. "I know this is disappointing, even if many of the documents are well over a year old and our plans have evolved," the memo reads, in part. "I also know we all take the confidentiality of our plans and our partners' information very seriously. This leak obviously is not us living up to that expectation... That said, there's so much more to be excited about, and when we're ready, we'll share the real plans with our players."

While Spencer's statements are vague about who was responsible for the "unintentional disclosure" of Microsoft's plans, a representative for the FTC was quick to push the blame on the company itself. "The FTC was not responsible for uploading Microsoft's plans for its games and consoles to the court website," FTC Director of the Office of Public Affairs Douglas Farrar wrote early Tuesday. In a follow-up post, Farrar pointed to a court order resealing the leaked information (too late for it to prevent the spread of the information, of course), which notes that "Microsoft provided the link on September 14 and the Court uploaded the exhibits to [the] internet page established for this case."
Further reading: Microsoft's Phil Spencer Says Acquiring Nintendo Would Be 'a Career Moment'
Microsoft's Next Xbox, Coming 2028, Envisions Hybrid Computing.
Bitcoin

FTX Sues Sam Bankman-Fried's Parents (cnbc.com) 42

Bankrupt crypto exchange FTX is looking to claw back luxury property and "millions of dollars in fraudulently transferred and misappropriated funds" from the parents of Sam Bankman-Fried, the exchange's disgraced ex-CEO and founder. CNBC reports: In a Monday court filing, lawyers representing the bankruptcy estate of the failed exchange alleged that Allan Joseph Bankman and his wife, Barbara Fried, "exploited their access and influence within the FTX enterprise to enrich themselves, directly and indirectly, by millions of dollars." The lawsuit, which was filed in the U.S. Bankruptcy Court for the District of Delaware, goes on to claim that "despite knowing or blatantly ignoring that the FTX Group was insolvent or on the brink of insolvency," Bankman and Fried discussed with their son the transfer of a $10 million cash gift and a $16.4 million luxury property in The Bahamas.

The suit alleges that as early as 2019, Sam's father also directly participated in efforts to cover up a whistleblower complaint which threatened to "expose the FTX Group as a house of cards." The filing also details emails written by Bankman in which he complained to the FTX US Head of Administration that his annual salary was $200,000, when he was "supposed to be getting $1M/yr." That grievance was ultimately elevated to his son in an email, according to the lawsuit: "Gee, Sam I don't know what to say here. This is the first [I] have heard of the 200K a year salary! Putting Barbara on this."

The filing characterizes the correspondence as Bankman lobbying his son to "massively increase his own salary." Within two weeks, the suit claims that Bankman-Fried had collectively gifted his parents $10 million in funds coming from Alameda, and within three months, the couple was deeded the $16.4 million property in The Bahamas. According to the partially-redacted filing, Bankman-Fried's parents also "pushed for tens of millions of dollars in political and charitable contributions, including to Stanford University, which were seemingly designed to boost Bankman's and Fried's professional and social status." Fried is also accused of encouraging her son and others within the company to avoid, if not violate, federal campaign finance disclosure rules by "engaging in straw donations or otherwise concealing the FTX Group as the source of the contributions."

United Kingdom

UK Parliament Passes Online Safety Bill (techcrunch.com) 75

An anonymous reader quotes a report from TechCrunch: Controversial UK legislation that brings in a new regime of content moderation rules for online platforms and services -- establishing the comms watchdog Ofcom as the main Internet regulator -- has been passed by parliament today, paving the way for Royal Assent and the Online Safety Bill becoming law in the coming days. Speaking during the bill's final stages in the House of Lords, Lord Parkinson of Whitley Bay reiterated that the government's intention for the legislation is "to make the UK the safest place in the world to be online, particularly for children." Following affirmative votes as peers considered some last stage amendments he added that attention now moves "very swiftly to Ofcom who stand ready to implement this -- and do so swiftly."

The legislation empowers Ofcom to levy fines of up to 10% (or up to 18 million pounds whichever is higher) of annual turnover for violations of the regime. The Online Safety (nee Harms) Bill has been years in the making as UK policymakers have grappled with how to response to a range of online safety concerns. In 2019 these efforts manifested as a white paper with a focus on rules for tackling illegal content (such as terrorism and CSAM) but also an ambition to address a broad sweep of online activity that might be considered harmful, such as violent content and the incitement of violence; encouraging suicide; disinformation; cyber bullying; and adult material being accessed by children. The effort then morphed into a bill that was finally published in May 2021. [...]

In a brief statement the UK's new web content sheriff gave no hint of the complex challenges that lie ahead -- merely welcoming the bill's passage through parliament and stating that it stands ready to implement the new rulebook. "Today is a major milestone in the mission to create a safer life online for children and adults in the UK. Everyone at Ofcom feels privileged to be entrusted with this important role, and we're ready to start implementing these new laws," said Dame Melanie Dawes, Ofcom's CEO. "Very soon after the Bill receives Royal Assent, we'll consult on the first set of standards that we'll expect tech firms to meet in tackling illegal online harms, including child sexual exploitation, fraud and terrorism." Beyond specific issues of concern, there is over-arching general worry over the scale of the regulatory burden the legislation will apply to the UK's digital economy -- since the rules apply not only to major social media platforms; scores of far smaller and less well resourced online services must also comply or risk big penalties.

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