Google has reached a groundbreaking deal with California lawmakers to contribute millions to local newsrooms, aiming to support journalism amid its decline as readers migrate online and advertising dollars evaporate. The agreement also includes a controversial provision for artificial intelligence funding. Politico reports: California emulated a strategy that other countries like Canada have used to try and reverse the journalism industry's decline as readership migrated online and advertising dollars evaporated. [...] Under the deal, the details of which were first reported by POLITICO on Monday, Google and the state of California would jointly contribute a minimum of $125 million over five years to support local newsrooms through a nonprofit public charity housed at UC Berkeley's journalism school. Google would contribute at least $55 million, and state officials would kick in at least $70 million. The search giant would also commit $50 million over five years to unspecified "existing journalism programs."

The deal would also steer millions in tax-exempt private dollars toward an artificial intelligence initiative that people familiar with the negotiations described as an effort to cultivate tech industry buy-in. Funding for artificial intelligence was not included in the bill at the core of negotiations, authored by Assemblymember Buffy Wicks. The agreement has drawn criticism from a journalists' union that had so far championed Wicks' effort. Media Guild of the West President Matt Pearce in an email to union members Sunday evening said such a deal would entrench "Google's monopoly power over our newsrooms." "This public-private partnership builds on our long history of working with journalism and the local news ecosystem in our home state, while developing a national center of excellence on AI policy," said Kent Walker, chief legal officer for Alphabet, the parent company of Google.

Media Guild of the West President Matt Pearce wasn't so chipper. He criticized the plan in emails with union members, calling it a "total rout of the state's attempts to check Google's stranglehold over our newsrooms."

An anonymous reader quotes a report from Dark Reading: Researchers have exploited a vulnerability in Microsoft's Copilot Studio tool allowing them to make external HTTP requests that can access sensitive information regarding internal services within a cloud environment -- with potential impact across multiple tenants. Tenable researchers discovered the server-side request forgery (SSRF) flaw in the chatbot creation tool, which they exploited to access Microsoft's internal infrastructure, including the Instance Metadata Service (IMDS) and internal Cosmos DB instances, they revealed in a blog post this week. Tracked by Microsoft as CVE-2024-38206, the flaw allows an authenticated attacker to bypass SSRF protection in Microsoft Copilot Studio to leak sensitive cloud-based information over a network, according to a security advisory associated with the vulnerability. The flaw exists when combining an HTTP request that can be created using the tool with an SSRF protection bypass, according to Tenable.

"An SSRF vulnerability occurs when an attacker is able to influence the application into making server-side HTTP requests to unexpected targets or in an unexpected way," Tenable security researcher Evan Grant explained in the post. The researchers tested their exploit to create HTTP requests to access cloud data and services from multiple tenants. They discovered that "while no cross-tenant information appeared immediately accessible, the infrastructure used for this Copilot Studio service was shared among tenants," Grant wrote. Any impact on that infrastructure, then, could affect multiple customers, he explained. "While we don't know the extent of the impact that having read/write access to this infrastructure could have, it's clear that because it's shared among tenants, the risk is magnified," Grant wrote. The researchers also found that they could use their exploit to access other internal hosts unrestricted on the local subnet to which their instance belonged. Microsoft responded quickly to Tenable's notification of the flaw, and it has since been fully mitigated, with no action required on the part of Copilot Studio users, the company said in its security advisory. Further reading: Slack AI Can Be Tricked Into Leaking Data From Private Channels

An anonymous reader quotes a report from Ars Technica: Chrome users who declined to sync their Google accounts with their browsing data secured a big privacy win this week after previously losing a proposed class action claiming that Google secretly collected personal data without consent from over 100 million Chrome users who opted out of syncing. On Tuesday, the 9th US Circuit Court of Appeals reversed (PDF) the prior court's finding that Google had properly gained consent for the contested data collection. The appeals court said that the US district court had erred in ruling that Google's general privacy policies secured consent for the data collection. The district court failed to consider conflicts with Google's Chrome Privacy Notice (CPN), which said that users' "choice not to sync Chrome with their Google accounts meant that certain personal information would not be collected and used by Google," the appeals court ruled.

Rather than analyzing the CPN, it appears that the US district court completely bought into Google's argument that the CPN didn't apply because the data collection at issue was "browser agnostic" and occurred whether a user was browsing with Chrome or not. But the appeals court -- by a 3-0 vote -- did not. In his opinion, Circuit Judge Milan Smith wrote that the "district court should have reviewed the terms of Google's various disclosures and decided whether a reasonable user reading them would think that he or she was consenting to the data collection." "By focusing on 'browser agnosticism' instead of conducting the reasonable person inquiry, the district court failed to apply the correct standard," Smith wrote. "Viewed in the light most favorable to Plaintiffs, browser agnosticism is irrelevant because nothing in Google's disclosures is tied to what other browsers do."

Smith seemed to suggest that the US district court wasted time holding a "7.5-hour evidentiary hearing which included expert testimony about 'whether the data collection at issue'" was "browser-agnostic." "Rather than trying to determine how a reasonable user would understand Google's various privacy policies," the district court improperly "made the case turn on a technical distinction unfamiliar to most 'reasonable'" users, Smith wrote. Now, the case has been remanded to the district court where Google will face a trial over the alleged failure to get consent for the data collection. If the class action is certified, Google risks owing currently unknown damages to any Chrome users who opted out of syncing between 2016 and 2024. According to Smith, the key focus of the trial will be weighing the CPN terms and determining "what a 'reasonable user' of a service would understand they were consenting to, not what a technical expert would."

An anonymous reader shares a report: U.S. agencies are increasingly accessing parts of a half-billion encrypted chat message haul that has rocked the global organized crime underground, using the chats as part of multiple drug trafficking prosecutions, according to a 404 Media review of U.S. court records. In particular, U.S. authorities are using the chat messages to prosecute alleged maritime drug smugglers who traffic cocaine using speedboats and commercial ships.

The court records show the continued fallout of the massive hack of encrypted phone company Sky in 2021, in which European agencies obtained the intelligence goldmine of messages despite Sky being advertised as end-to-end encrypted. European authorities have used those messages as the basis for many prosecutions and drug seizures across the continent. Now, it's clear that the blast radius extends to the United States.

Slack AI, an add-on assistive service available to users of Salesforce's team messaging service, is vulnerable to prompt injection, according to security firm PromptArmor. From a report: The AI service provides generative tools within Slack for tasks like summarizing long conversations, finding answers to questions, and summarizing rarely visited channels.

"Slack AI uses the conversation data already in Slack to create an intuitive and secure AI experience tailored to you and your organization," the messaging app provider explains in its documentation. Except it's not that secure, as PromptArmor tells it. A prompt injection vulnerability in Slack AI makes it possible to fetch data from private Slack channels.

Toyota confirmed a breach of its network after 240GB of data, including employee and customer information, was leaked on a hacking forum by a threat actor. The company has not provided details on how or when the breach occurred. BleepingComputer reports: ZeroSevenGroup (the threat actor who leaked the stolen data) says they breached a U.S. branch and were able to steal 240GB of files with information on Toyota employees and customers, as well as contracts and financial information. They also claim to have collected network infrastructure information, including credentials, using the open-source ADRecon tool that helps extract vast amounts of information from Active Directory environments.

"We have hacked a branch in United States to one of the biggest automotive manufacturer in the world (TOYOTA). We are really glad to share the files with you here for free. The data size: 240 GB," the threat actor claims. "Contents: Everything like Contacts, Finance, Customers, Schemes, Employees, Photos, DBs, Network infrastructure, Emails, and a lot of perfect data. We also offer you AD-Recon for all the target network with passwords." While Toyota hasn't shared the date of the breach, BleepingComputer found that the files had been stolen or at least created on December 25, 2022. This date could indicate that the threat actor gained access to a backup server where the data was stored. "We are aware of the situation. The issue is limited in scope and is not a system wide issue," Toyota told BleepingComputer. The company added that it's "engaged with those who are impacted and will provide assistance if needed."

U.S. District Judge Ada Brown in Dallas blocked the FTC's rule banning noncompete agreements, arguing the FTC lacks authority to implement such broad regulations and did not adequately justify the sweeping prohibition. Reuters reports: Brown had temporarily blocked the rule in July while she considered a bid by the U.S. Chamber of Commerce, the country's largest business lobby, and tax service firm Ryan to strike it down entirely. The rule was set to take effect Sept. 4. Brown in her ruling said that even if the FTC had the power to adopt the rule, the agency had not justified banning virtually all noncompete agreements. "The Commission's lack of evidence as to why they chose to impose such a sweeping prohibition ... instead of targeting specific, harmful non-competes, renders the Rule arbitrary and capricious," wrote Brown, an appointee of Republican former President Donald Trump.

FTC spokesperson Victoria Graham said the agency was disappointed with the ruling and is "seriously considering a potential appeal." "Today's decision does not prevent the FTC from addressing noncompetes through case-by-base enforcement actions," Graham said in a statement. The Democratic-controlled FTC approved the ban on noncompete agreements in a 3-2 vote in May. The commission and supporters of the rule say the agreements are an unfair restraint on competition that violate U.S. antitrust law and suppress workers' wages and mobility.

A new TV series is capturing the dramatic saga of the The Pirate Bay, the notorious file-sharing website that openly challenged the entertainment industry in the early 2000s. A just-launched teaser is available on YouTube. TorrentFreak reports: A few years ago, news broke that The Pirate Bay story was being turned into a TV series. Written by Piotr Marciniak and directed by Jens Sjogren, who also made the "I am Zlatan" documentary, production was in the hands of B-Reel Films, working for the Swedish broadcaster SVT. American distribution company Dynamic Television scooped up worldwide rights. As far as we know, international deals have not yet been announced. The Swedish premiere on November 8 is coming closer, however, and a few days ago SVT released an official teaser.

The founders of The Pirate Bay -- Anakata, Brokep and Tiamo -- are played by Arvid Swedrup, Simon Greger Carlsson and Willjam Lempling. The teaser doesn't give away much, but it's interesting that one of The Pirate Bay's infamous responses to legal threats features prominently. The teaser quotes from Anakata's response to a letter from DreamWorks, written twenty years ago. The movie company sent a DMCA takedown notice requesting the removal of a torrent for the film Shrek 2, but the reply was not what they had hoped for. "As you may or may not be aware, Sweden is not a state in the United States of America. Sweden is a country in northern Europe. Unless you figured it out by now, US law does not apply here," Anakata wrote. "It is the opinion of us and our lawyers that you are ........ morons, and that you should please go sodomize yourself with retractable batons."

The response was public information and made it into the series. Whether there will be any new revelations has yet to be seen, however, as none of the site's founders were actively involved in production. Instead, the producers used interviews with other people involved, plus the vast amount of public information available on the Internet. That includes the infamous responses to legal threats. Time will tell how the producers and director have decided to tell this story. Production took place in Stockholm, Sweden, but also ventured to other countries, including Chile and Thailand, where Fredrik Neij was arrested and paraded in front of the press in 2014.

AI company Anthropic has been hit with a class-action lawsuit in California federal court by three authors who say it misused their books and hundreds of thousands of others to train its AI-powered chatbot Claude. From a report: The complaint, filed on Monday, by writers and journalists Andrea Bartz, Charles Graeber and Kirk Wallace Johnson, said that Anthropic used pirated versions of their works and others to teach Claude to respond to human prompts.

The lawsuit joins several other high-stakes complaints filed by copyright holders including visual artists, news outlets and record labels over the material used by tech companies to train their generative artificial intelligence systems. Separate groups of authors have sued OpenAI and Meta over the companies' alleged misuse of their work to train the large-language models underlying their chatbots.

Security researcher Brian Krebs writes: New details are emerging about a breach at National Public Data (NPD), a consumer data broker that recently spilled hundreds of millions of Americans' Social Security Numbers, addresses, and phone numbers online. KrebsOnSecurity has learned that another NPD data broker which shares access to the same consumer records inadvertently published the passwords to its back-end database in a file that was freely available from its homepage until today. In April, a cybercriminal named USDoD began selling data stolen from NPD. In July, someone leaked what was taken, including the names, addresses, phone numbers and in some cases email addresses for more than 272 million people (including many who are now deceased). NPD acknowledged the intrusion on Aug. 12, saying it dates back to a security incident in December 2023. In an interview last week, USDoD blamed the July data leak on another malicious hacker who also had access to the company's database, which they claimed has been floating around the underground since December 2023.

Following last week's story on the breadth of the NPD breach, a reader alerted KrebsOnSecurity that a sister NPD property -- the background search service recordscheck.net -- was hosting an archive that included the usernames and password for the site's administrator. A review of that archive, which was available from the Records Check website until just before publication this morning (August 19), shows it includes the source code and plain text usernames and passwords for different components of recordscheck.net, which is visually similar to nationalpublicdata.com and features identical login pages. The exposed archive, which was named "members.zip," indicates RecordsCheck users were all initially assigned the same six-character password and instructed to change it, but many did not. According to the breach tracking service Constella Intelligence, the passwords included in the source code archive are identical to credentials exposed in previous data breaches that involved email accounts belonging to NPD's founder, an actor and retired sheriff's deputy from Florida named Salvatore "Sal" Verini.

Reached via email, Mr. Verini said the exposed archive (a .zip file) containing recordscheck.net credentials has been removed from the company's website, and that the site is slated to cease operations "in the next week or so." "Regarding the zip, it has been removed but was an old version of the site with non-working code and passwords," Verini told KrebsOnSecurity. "Regarding your question, it is an active investigation, in which we cannot comment on at this point. But once we can, we will [be] with you, as we follow your blog. Very informative." The leaked recordscheck.net source code indicates the website was created by a web development firm based in Lahore, Pakistan called creationnext.com, which did not return messages seeking comment. CreationNext.com's homepage features a positive testimonial from Sal Verini.

An anonymous reader quotes a report from The Guardian: Voters in Wyoming's capital city on Tuesday are faced with deciding whether to elect a mayoral candidate who has proposed to let an artificial intelligence bot run the local government. Earlier this year, the candidate in question -- Victor Miller -- filed for him and his customized ChatGPT bot, named Vic (Virtual Integrated Citizen), to run for mayor of Cheyenne, Wyoming. He has vowed to helm the city's business with the AI bot if he wins. Miller has said that the bot is capable of processing vast amounts of data and making unbiased decisions. In what AI experts say is a first for US political campaigns, Miller and Vic have told local news outlets in interviews that their form of proposed governance is a "hybrid approach." The AI bot told Your Wyoming Link that its role would be to provide data-driven insights and innovative solutions for Cheyenne. Meanwhile, Vic said, the human elected office contender, Miller, would serve as the official mayor if chosen by voters and would ensure that "all actions are legally and practically executed."

"It's about blending AI's capabilities with human judgment to effectively lead Cheyenne," the bot said. The bot said it did not have political affiliations -- and its goal is to "focus on data-driven practical solutions that benefit the community." During a meet-and-greet this summer, the Washington Post reported that the AI bot was asked how it would go about making decisions "according to human factor, involving humans, and having to make a decision that affects so many people." "Making decisions that affect many people requires a careful balance of data-driven insights and human empathy," the AI bot responded, according to an audio recording obtained and published by the Washington Post. Vic then ran through a multi-part plan that suggested using AI technology to gather data on public opinion and feedback from the community, holding town hall meetings to listen to residents' concerns, consulting experts in relevant fields, evaluating the human impact of the decision and providing transparency about the decision-making. According to Wyoming Public Media, Miller has also pledged that he would donate half the mayoral salary to a non-profit if he is elected. The other half could be used to continually improve the AI bot, he said. Miller has faced some pushback since announcing his mayoral campaign. Wyoming's Secretary of State, Chuck Gray, launched an investigation to determine if the AI bot could legally appear on the ballot, citing state law that says only real people that are registered to vote can run for office. City officials clarified that Miller is the actual candidate, so he was allowed to continue. However, Laramie County ruled that only Miller's name would appear on the ballot, not the bot's.

OpenAI later shut down Miller's account, but he quickly created a new one and continued his campaign.

The Department of Justice has amended its antitrust lawsuit against Ticketmaster and Live Nation, alleging that Ticketmaster's introduction of nontransferable tickets and the SafeTix system was primarily intended to stifle competition from rival platforms like StubHub and SeatGeek, rather than merely to reduce ticket fraud. "The complaint, which was amended on Monday after 10 states joined the DOJ's lawsuit, cites internal Ticketmaster documents obtained during the legal process," notes The Verge. From the report: In 2019, Ticketmaster rolled out SafeTix, which replaced static barcodes on electronic tickets with encrypted barcodes that refresh every 15 seconds. Ticketmaster marketed SafeTix as a way of reducing ticket fraud, but the complaint claims reducing competition was "a primary motivation" for the new ticketing system. [...] The amended complaint includes new information about Ticketmaster's dominance of the events market. One internal Live Nation document cited in the complaint notes that Ticketmaster is the primary ticketer for approximately 80 percent of arenas across the country that host NBA or NHL teams. As of 2022, Live Nation-promoted events accounted for 70 percent of all amphitheater shows across the country, according to internal Live Nation events mentioned in the complaint.

The DOJ alleges that because of Ticketmaster's conduct, consumers have "paid more and continue to pay more for fees relating to tickets to live events than they would have paid in a free and open competitive market." The exact amount of monetary harm is still unknown, the complaint claims, and will require discovery from Ticketmaster and Live Nation's books, as well as from its third-party competitors.

Dozens of VPN apps have vanished from Brazil's Apple App Store, including popular services NordVPN, ExpressVPN, and Surfshark. Simone Magliano, Head of Research at Top10VPN, reports that at least 30 VPN apps have become unavailable, though their store listings remained visible. Proton VPN, a major free VPN provider, confirmed the App Store issues, speculating it could be "a bug, or Apple implementing a secret censorship order." The move follows X, formerly Twitter, announcing over the weekend that it was shutting its Brazil operations, citing a "secret order" to arrest its legal representative if X didn't "comply with his [Brazilian Supreme Court Justice Alexandre de Morae] censorship orders."

Indian influencers It's the largest country on earth — home to 1.4 billion people. But "The Indian government has plans to classify social media creators as 'digital news broadcasters,'" according to the nonprofit site RestofWorld.org.

While there's "no clarity" on the government's next move, the proposed legislation would require social media creators "to register with the government, set up a content evaluation committee that checks all content before it is published, and appoint complaint handlers — all at their own expense. Any failures in compliance could lead to criminal charges, including jail term." On July 26, the Hindustan Times reported that the government plans to tweak the proposed Broadcasting Services (Regulation) Bill, which aims to combine all regulations for broadcasters under one law. As per a new version of the bill, which has been reviewed by Rest of World, the government defines "digital news broadcaster" as "any person who broadcasts news and current affairs programs through an online paper, news portal, website, social media intermediary, or other similar medium as part of a systematic business, professional or commercial activity."

Creators and digital rights activists believe the potential legislation will tighten the government's grip over online content and threaten the last bastion of press freedom for independent journalists in the country. Over 785 Indian creators have sent a letter to the government seeking more transparency in the process of drafting the bill. Creators have also stormed social media with hashtags like #KillTheBill, and made videos to educate their followers about the proposal.
One YouTube creator told the site that if the government requires them to appoint a "grievance redressal officer," they might simply film themselves, responding to grievances — to "make content out of it".

X.com "says it's ending business operations in Brazil effective immediately," reports Engadget, "but the service will remain available to users in the country." The company says Alexandre de Moraes, the president of the Superior Electoral Court and a justice of the Supreme Federal Court, threatened one of X's legal representatives with arrest if it did not "comply with his censorship orders." According to Reuters, de Moreas demanded that X remove certain content from its platform.

Rather than comply, X has opted to end its local operations "to protect the safety of our staff."

According to X, de Moraes made the threat in a "secret order," which it shared publicly. X owner Elon Musk claimed that the demand "would require us to break (in secret) Brazilian, Argentinian, American and international law."

"Some corporate landlords collude with each other to set artificially high rental prices, often using algorithms and price-fixing software to do it."

That's a U.S. presidential candidate, speaking yesterday in North Carolina to warn that the practice "is anticompetitive, and it drives up costs. I will fight for a law that cracks down on these practices."

Ironically, it's a problem caused by technology that's impacting some of America's major tech-industry cities. Investopedia reports: Harris proposed a slate of policies aimed at curbing the high cost of housing, which many economists have traced to a long-standing shortage. The affordability situation for both renters and first-time buyers took a turn for the worse starting in 2020 when home prices and rents rose sharply. Harris's plan called for the construction of 3 million new houses to close the gap between how many homes exist in the country, and how many are needed, with the aim of evening out supply and demand and putting downward pressure on prices. This would be accomplished by offering tax incentives to builders for constructing starter homes, by funding local construction, and by cutting bureaucratic red tape that slows down construction projects. Harris would also help buyers out directly, through the first-time buyer credit.

For renters, Harris said she would crack down on companies that own many apartments, who she said have "colluded" to raise rents using pricing algorithms. She also called for a law blocking large investors from buying houses to rent out, a practice she said was driving up prices by competing with individual private buyers. Harris's focus on corporate crackdowns extended to the food business, where she called for a "federal ban on price gouging on food and groceries," without going into specifics about what exact behavior the ban would target.
Investopedia reminds readers that the executive branch is just one of three branches of the U.S. government: Should Harris win the 2024 election and become president, her ideas are still not guaranteed to be implemented, since many would require the support of Congress. Lawmakers are currently divided with Republicans controlling the House of Representatives and Democrats in control of the Senate.

An anonymous reader quotes a report from NPR: Safety advocates have been touting the potential of technology that allows vehicles to communicate wirelessly for years. So far, the rollout has been slow and uneven. Now the U.S. Department of Transportation is releasing a roadmap it hopes will speed up deployment of that technology -- and save thousands of lives in the process. "This is proven technology that works," Shailen Bhatt, head of the Federal Highway Administration, said at an event Friday to mark the release of the deployment plan (PDF) for vehicle-to-everything, or V2X, technology across U.S. roads and highways. V2X allows cars and trucks to exchange location information with each other, and potentially cyclists and pedestrians, as well as with the roadway infrastructure itself. Users could send and receive frequent messages to and from each other, continuously sharing information about speed, position, and road conditions -- even in situations with poor visibility, including around corners or in dense fog or heavy rain. [...]

Despite enthusiasm from safety advocates and federal regulators, the technology has faced a bumpy rollout. During the Obama administration, the National Highway Traffic Safety Administration proposed making the technology mandatory on cars and light trucks. But the agency later dropped that idea during the Trump administration. The deployment of V2X has been "hampered by regulatory uncertainty," said John Bozzella, president and CEO of the Alliance for Automotive Innovation, a trade group that represents automakers. But he's optimistic that the new plan will help. "This is the reset button," Bozzella said at Friday's announcement. "This deployment plan is a big deal. It is a crucial piece of this V2X puzzle." The plan lays out some goals and targets for the new technology. In the short-term, the plan aims to have V2X infrastructure in place on 20% of the National Highway System by 2028, and for 25% of the nation's largest metro areas to have V2X enabled at signalized intersections. V2X technology still faces some daunting questions, including how to pay for the rollout of critical infrastructure and how to protect connected vehicles from cyberattack. But safety advocates say it's past time to find the answers.

BleepingComputer's Ionut Ilascu reports: Background check service National Public Data confirms that hackers breached its systems after threat actors leaked a stolen database with millions of social security numbers and other sensitive personal information. The company states that the breached data may include names, email addresses, phone numbers, social security numbers (SSNs), and postal addresses.

In the statement disclosing the security incident, National Public Data says that "the information that was suspected of being breached contained name, email address, phone number, social security number, and mailing address(es)." The company acknowledges the "leaks of certain data in April 2024 and summer 2024" and believes the breach is associated with a threat actor "that was trying to hack into data in late December 2023." NPD says they investigated the incident, cooperated with law enforcement, and reviewed the potentially affected records. If significant developments occur, the company "will try to notify" the impacted individuals.

The Dubai Court of First Instance has declared that cryptocurrency can be used as a legal form of salary under employment contracts. CoinTelegraph reports: Irina Heaver, a partner at UAE law firm NeosLegal, explained that the ruling in case number 1739 of 2024 shows a shift from the court's earlier stance in 2023, where a similar claim was denied because the crypto involved lacked precise valuation. Heaver believes this shows a "progressive approach" to integrating digital currencies into the country's legal and economic framework. Heaver said that the case involved an employee who filed a lawsuit claiming that the employer had not paid their wages, wrongful termination compensation and other benefits. The worker's employment contract stipulated a monthly salary in fiat and 5,250 in EcoWatt tokens. The dispute stems from the employer's inability to pay the tokens portion of the employee's salary in six months.

In 2023, the court acknowledged the inclusion of the EcoWatts tokens in the contract. Still, it did not enforce the payment in crypto, as the employee failed to provide a clear method for valuing the currency in fiat terms. "This decision reflected a traditional viewpoint, emphasizing the need for concrete evidence when dealing with unconventional payment forms," Heaver said. However, the lawyer said that in 2024, the court "took a step forward," ruling in favor of the employee and ordering the payment of the crypto salary as per the employment contract without converting it into fiat. Heaver added that the court's reliance on the UAE Civil Transactions Law and Federal Decree-Law No. 33 of 2021 in both judgments shows the consistent application of legal principles in wage determination.

A federal judge blocked the launch of Venu, a sports streaming joint venture by Disney, Fox, and Warner Bros. Discovery, due to concerns it would substantially lessen competition and harm FuboTV. Variety reports: Fubo launched in 2015 as a start-up focused on streaming sports programming. [...] Venu, expected to launch in late August ahead of the start of the NFL's coming fall season and priced at an initial price tag of $42.99 per month, was to carry all of the sports offerings of ESPN, Fox Sports 1 and 2, and TNT for a price that is seen as more than a regional sports network but less than a full programming package available via YouTube TV or Hulu + Live TV. The three parent companies are targeting a new generation of consumers who disdain the high costs of traditional cable packages are more at home with signing up for streaming venues that are relatively easy to get in and out of based on the availability of favorite entertainment programs or sporting events.

Judge Garnett found that once Venu launches, FuboTV would face "a swift exodus" of large numbers of subscribers, and indicated she felt "that Fubo's bankruptcy and delisting of the company's stock will likely soon follow. These are quintessential harms that money cannot adequately repair." Fubo alleged that Venu's launch "will cause it to lose approximately 300,000 to 400,000 (or nearly 30%) of its subscribers, suffer a significant decline in its ability to attract new subscribers, lose between $75 and $95 million in revenue, and be transformed into a penny stock awaiting delisting from the New York Stock Exchange, all before year-end 2024," the judge said in her decision. "We respectfully disagree with the court's ruling and are appealing it," Disney, Fox and Warner Bros. Discovery said in a statement. "We believe that Fubo's arguments are wrong on the facts and the law, and that Fubo has failed to prove it is legally entitled to a preliminary injunction. Venu Sports is a pro-competitive option that aims to enhance consumer choice by reaching a segment of viewers who currently are not served by existing subscription options."