Cybercrime group ShinyHunters reportedly demanding £400,000 ransom to prevent data being sold
Ticketmaster has been targeted in a cyber-attack, with hackers allegedly offering to sell customer data on the dark web, its parent company, Live Nation, has confirmed.
The ShinyHunters hacking group is reportedly demanding about £400,000 in a ransom payment to prevent the data being sold.
Continue reading...‘World’s largest botnet’ – spread through infected emails – taken down through coordinated police action among several countries
US authorities announced on Thursday that they had dismantled the “world’s largest botnet ever”, allegedly responsible for nearly $6bn in Covid insurance fraud.
The Department of Justice arrested a Chinese national, YunHe Wang, 35, and seized luxury watches, more than 20 properties and a Ferrari. The networks allegedly operated by Wang and others, dubbed “911 S5”, spread ransomware via infected emails from 2014 to 2022. Wang allegedly accrued a fortune of $99m by licensing his malware to other criminals. The network allegedly pulled in $5.9bn in fraudulent unemployment claims from Covid relief programs.
Continue reading...Exclusive: Kathy Hochul pushes online child safety, telling social media companies: ‘You’re not going to profit off the mental health of children’
The New York governor, Kathy Hochul, plans to introduce a bill banning smartphones in schools, the latest in a series of legislative moves aimed at online child safety by New York’s top official.
“I have seen these addictive algorithms pull in young people, literally capture them and make them prisoners in a space where they are cut off from human connection, social interaction and normal classroom activity,” she said.
Continue reading...China shows off mechanical canine with an automatic rifle on its back at joint military drills with Cambodia
The Chinese army has debuted its latest weapon: a gun-toting robotic dog.
The mechanical canine, which has an automatic rifle on its back, was front and centre of recent joint military drills with Cambodia, according to footage from the state broadcaster CCTV.
Continue reading...Most Americans concerned about online misinformation as election nears, according to poll by watchdog group Free Press
As US presidential elections approach, the vast majority of Americans are concerned about online misinformation and fear they do not have enough accurate information on candidates, especially local ones, a new poll has shown.
While people across the political and racial spectrum reported being “very concerned” about the deliberate spread of online misinformation, the study found Black Americans are disproportionately encountering misinformation when seeking accurate news.
Continue reading...Commissioner says companies have ‘huge disincentive’ to abide by their own policies on adult content amid discussions of age assurance technology
Australia’s online safety regulator has accused Apple and Google of financial motives in deciding not to remove Reddit and Elon Musk’s X from their app stores for hosting pornography in violation of their own policies.
Research cited in the eSafety commissioner’s online roadmap for age verification technology for adult sites last year reported that 41% of teens aged between 16 and 18 reported seeing pornography on X – more than the 37% who viewed pornography on dedicated adult sites.
Continue reading...Wall Street Journal reports pair have had several phone calls recently and that Musk could assist if Trump wins another term
Donald Trump has floated a possible advisory role for the tech billionaire Elon Musk if he were to retake the White House next year, according to a new report from the Wall Street Journal.
The two men, who once had a tense relationship, have had several phone calls a month since March as Trump looks to court powerful donors and Musk seeks an outlet for his policy ideas, the newspaper said, citing several anonymous sources familiar with their conversations.
Continue reading...Javier Milei to hold private talks with Sundar Pichai and Sam Altman as Argentina faces worst economic crisis in decades
Javier Milei, Argentina’s president, is set to meet with the leaders of some of the world’s largest tech companies in Silicon Valley this week. The far-right libertarian leader will hold private talks with Sundar Pichai of Google, Sam Altman of OpenAI, Mark Zuckerberg of Meta and Tim Cook of Apple.
Milei also met last month with Elon Musk, who has become one of the South American president’s most prominent cheerleaders and repeatedly shared his pro-deregulation, anti-social justice message on X (formerly Twitter). Peter Thiel, the tech billionaire, has also twice visited Milei, flying to Buenos Aires to speak with him in February and May of this year.
Continue reading...Atsuko Sato announces death of her shiba inu, whose 2010 photo led her to be described as the ‘Mona Lisa of the internet’
The Japanese dog whose photo inspired a generation of oddball online jokes and the £18bn Dogecoin cryptocurrency beloved by Elon Musk has died, her owner said.
“She quietly passed away as if asleep while I caressed her,” Atsuko Sato wrote on her blog on Friday, thanking the fans of her shiba inu called Kabosu – the face of the ‘Doge’ meme.
Continue reading...UK founder, accused of inflating sales and misleading regulators, takes stand and says he wasn’t fully responsible for firm’s decisions
The British entrepreneur Mike Lynch took the stand on Thursday in a San Francisco federal courthouse as a key witness in his own criminal fraud trial, defending his role at Autonomy, the tech firm he co-founded and then sold.
The trial continued as planned Thursday despite the defense team moving for a mistrial over alleged improper questioning of a witness by the prosecution. Lynch’s defense team called the questioning, which indirectly referenced the tech titan’s extradition, “egregious” and ‘’highly improper” in a filing.
Continue reading...Lawyers for founder of software firm Autonomy, charged over $11bn Hewlett-Packard deal, suggest they may move for mistrial
The British entrepreneur Mike Lynch is expected to take the stand in a San Francisco federal courthouse on Thursday as a key witness in his own criminal fraud trial, which began in March.
US authorities have charged the former software tycoon with 16 counts of wire fraud, securities fraud and conspiracy relating to his company’s acquisition deal with Hewlett-Packard in 2011. If convicted, Lynch faces up to 25 years in prison. He has pleaded not guilty.
Continue reading...Chipmaker reports strong demand and higher-than-expected revenue even as other companies spend to develop their own chips
Nvidia reported record quarterly revenue Wednesday on the back of the explosion in corporate appetite for artificial intelligence.
“The next industrial revolution has begun – companies and countries are partnering with Nvidia … to produce a new commodity: artificial intelligence,” said Jensen Huang, founder and CEO of Nvidia.
Continue reading...Rishi Sunak says 16 international firms have committed, but standards have been criticised for lacking teeth
The first 16 companies have signed up to voluntary artificial intelligence safety standards introduced at the Bletchley Park summit, Rishi Sunak has said on the eve of the follow-up event in Seoul.
The standards, however, have been criticised for lacking teeth, with signatories committing only to work toward information sharing, invest in cybersecurity and prioritise research into societal risks.
Amazon
Anthropic
Cohere
Google / Google DeepMind
G42
IBM
Inflection AI
Meta
Microsoft
Mistral AI
Naver
Open AI
Samsung Electronics
Technology Innovation Institute
xAI
Continue reading...Employers in UK, one of 15 countries studied, willing to pay 14% wage premium for jobs requiring AI skills
The sectors of the global economy most heavily exposed to artificial intelligence (AI) are witnessing a marked productivity increase and command a significant wage premium, according to a report.
Boosting hopes that AI might help lift the global economy out of a 15-year, low-growth trough, a PwC study found productivity growth was almost five times as rapid in parts of the economy where AI penetration was highest than in less exposed sectors.
Continue reading...Exclusive: Ads containing AI-manipulated images were submitted to Facebook by civil and corporate accountability groups
The Facebook and Instagram owner Meta approved a series of AI-manipulated political adverts during India’s election that spread disinformation and incited religious violence, according to a report shared exclusively with the Guardian.
Facebook approved adverts containing known slurs towards Muslims in India, such as “let’s burn this vermin” and “Hindu blood is spilling, these invaders must be burned”, as well as Hindu supremacist language and disinformation about political leaders.
Continue reading...AI Overviews, announced this week, are the culmination of a long line of products dedicated to keeping you on Google.com
Google announced this week that it would begin the international rollout of its new artificial intelligence-powered search feature, called AI Overviews. When billions of people search a range of topics from news to recipes to general knowledge questions, what they see first will now be an AI-generated summary.
Google touted AI Overviews at its annual I/O developer conference as a way of delivering customers quick answers and simplifying the online search experience, but it also has another effect on the way that people engage with the internet: keeping users, and advertisers, on Google.com. It’s a new era in Google’s years-long quest for your attention.
Continue reading...Tigran Gambaryan faces allegations of ‘serious criminality’ on behalf of world’s largest cryptocurrency exchange
A Nigerian court has ruled that Tigran Gambaryan, the Binance executive detained on charges of tax evasion and money laundering, can face trial on behalf of the world’s largest cryptocurrency exchange.
In a judgment in Abuja on Friday – Gambaryan’s 40th birthday – the presiding judge, Emeka Nwite, denied the American national bail, saying he was likely to abscond.
Continue reading...Court order compelled Google subsidiary to block local access to 32 videos of Glory to Hong Kong judged to be prohibited content
Alphabet’s YouTube on Tuesday said it would comply with a court decision and block access inside Hong Kong to 32 video links deemed prohibited content, in what critics say is a blow to freedoms in the financial hub amid a security clampdown.
The action follows a government application granted by Hong Kong’s court of appeal requesting the ban of a protest anthem called Glory to Hong Kong. The judges warned that dissidents seeking to incite secession could weaponize the song for use against the state.
Continue reading...Commander says authorities scrambling to keep up with supply trends as knife crimes rise
Young people are using sites such as Telegram and TikTok to buy large knives for use in attacks and intimidation, with some linked to Britain’s drug wars, police said.
Stephen Clayman, national lead for knife crime for the National Police Chiefs’ Council, made it clear on Tuesday that police want tougher action after a 7% year-on-year rise in knife offences, with a 20% rise in knife-point robberies.
Continue reading...White House levy to protect US makers from cheap imports likely to inflame trade tensions
The US president, Joe Biden, has announced a 100% tariff on Chinese-made electric vehicles as part of a package of measures designed to protect US manufacturers from cheap imports.
In a move that is likely to inflame trade tensions between the world’s two biggest economies, the White House said it was imposing more stringent curbs on Chinese goods worth $18bn.
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