• OneCoin Co-Founder Pleads Guilty To $4 Billion Fraud

    Karl Sebastian Greenwood, co-founder of sham "Bitcoin-killer" OneCoin, pleaded guilty in Manhattan federal court to charges of conspiring to defraud investors and to launder money. "Greenwood was arrested in Thailand in July 2018 and subsequently extradited to the US," reports The Register. "OneCoin's other co-founder, 'Cryptoqueen' Ruja Ignatova (Dr. Ruja Ignatova -- she has a law degree), remains a fugitive on the FBI's Ten Most Wanted list and on Europol's Most Wanted list." From the report:
  • EU Opens Antitrust Probe Into Broadcom's $61 Billion VMware Bid

    An anonymous reader quotes a report from Reuters: European antitrust regulators have opened an in-depth investigation into U.S. chipmaker Broadcom's proposed $61 billion bid for cloud computing company VMware, the European Commission said on Tuesday. "The Commission is particularly concerned that the transaction would allow Broadcom to restrict competition in the market for certain hardware components which interoperate with VMware's software," the Commission said in a statement.The Commission s
  • Two Men Accused of Hacking Into JFK Airport Cab Dispatch System

    An anonymous reader shares a report: With a flat fee of $70 for trips into Manhattan and a guaranteed stream of passengers, a ride to and from New York's John F. Kennedy International Airport is one of the more lucrative journeys for the city's cab drivers. But federal prosecutors say two 48-year-old Queens men found another way to profit from the crowd of taxis waiting long hours for passengers at the airport, conspiring with Russians to hack the dispatch system and allow drivers to cut ahead i
  • AWS Wins 5-year, $700M+ Contract for Cloud Services To US Navy

    Amazon Web Services has secured a five-year contract with the US Navy for cloud services, just weeks after scoring its share of a major US Department of Defense deal for cloud computing. From a report: The cloud division of online marketplace Amazon has been awarded a contract worth $723.9 million by the Department of the Navy as a single-award fixed-price enterprise software license blanket purchase agreement. The details were disclosed in a contract notice posted on the Department of Defense w
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  • Android is Adding Support for Updatable Root Certificates Amid TrustCor Scare

    Esper: The world's biggest tech companies have lost confidence in one of the Internet's behind-the-scenes gatekeepers. Microsoft, Mozilla, and Google are dropping TrustCor Systems as a root certificate authority in their products. Starting in Chrome version 111 for desktops, the browser will no longer trust certificates issued by TrustCor Systems. The same change is coming to Android, but unlike Chrome for desktops, Android's root certificate store can't be updated independently of the OS, meani
  • Meta To Delay Closing Within Unlimited Deal by One Month

    Facebook parent Meta does not expect to seal its acquisition deal with Within Unlimited, maker of the popular fitness app "Supernatural", before Jan. 31, according to a court filing from Tuesday. From a report: Meta has agreed to push back the closing by one month or until the first day after the court rules on U.S. Federal Trade Commission's (FTC) preliminary injunction trial, according to the filing with the United States District Court for the Northern District Of California. In August, Meta
  • Microsoft Spooks Windows Desktop Developers By Calling WPF a 'Community Run Project'

    A Microsoft .NET Community standup has left Windows desktop developers wondering what kind of future, if any, the company has planned for its older desktop application frameworks, Windows Forms and Windows Presentation Foundation (WPF). From a report: A "what's new" slide for WPF presented by senior program manager Olia Gavrysh last week shows "Community Run Project" as the first bullet point, causing consternation among attendees. "Who's happy that WPF is now a community run project? This is so
  • USPS Expects To Only Buy Electric Delivery Vehicles Starting in 2026

    The United States Postal Service said it expects to buy more than 66,000 electric vehicles by the end of 2028 in a significant change from previous plans. From a report: In February, the USPS said it would purchase 5,000 fully electric versions of the Next Generation Delivery Vehicle, with gas-powered trucks accounting for the remaining 45,000 of the initial order. After pushback from the Biden administration and resistance to that from the USPS, the agency has gradually increased the proportion
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  • After a Long Struggle With Martian Dust, NASA's InSight Probe Has Gone Quiet

    NASA's InSight lander has probably phoned home for the last time from the planet Mars. From a report: The space agency said the spacecraft did not respond to communications from Earth on Sunday, December 18. The lack of communications came as the lander's power-generating capacity has been declining in recent months due to the accumulation of Martian dust on its solar panels. NASA said that it is "assumed" that InSight has reached the end of its operations but that it will continue to try to con
  • Facebook Held Back on Naming Cambridge Analytica in 2017

    Mark Zuckerberg considered saying in a 2017 speech that Facebook was looking into "organizations like Cambridge Analytica," according to details from a deposition of him by the U.S. Securities and Exchange Commission. From a report: But he decided to remove reference to the political consultancy which harvested data on millions of Facebook users ahead of the 2016 U.S. presidential election, a previously unreported move that could add fuel to shareholder allegations that Zuckerberg and other exec
  • Congress Blew Its Last Chance To Curb Big Tech's Power

    Tech platforms spent millions opposing sweeping antitrust reforms, and their lobbyists may soon be able to breathe a giant sigh of relief -- at least for the next few years. From a report: Early Tuesday morning, the House Committee on Appropriations released a more than 4,000-page bill stacked with congressional priorities. But notably, a pair of antitrust bills that received broad bipartisan support was not included in the final measure. The bills were approved out of the Senate Judiciary Commi
  • Taiwan Investigates TikTok For Suspected Illegal Operations

    Taiwan's government has opened a probe into Chinese-owned social media platform TikTok on suspicion of illegally operating a subsidiary on the island, though the company's owner denied the accusation. From a report: TikTok, which is not widely used in Taiwan, has come under pressure mostly in the United States on concerns about China getting access to users' personal data, which the company denies. In a statement late on Sunday, Taiwan's China-policy making Mainland Affairs Council said that on
  • Amazon To Make Big Business Changes in EU Settlement

    Amazon will make major changes to its business practices to end competition probes in Europe by giving customers more visible choices when buying products and, for Prime members, more delivery options, European Union regulators said Tuesday. From a report: The EU's executive Commission said it accepted the legally binding commitments from Amazon to resolve two antitrust investigations. The deal allows the company to avoid a legal battle with the E.U.'s top antitrust watchdog that could have ende
  • Bitcoin Addresses Tied To Defunct Canadian Crypto Exchange QuadrigaCX Wake Up

    More than 100 bitcoins tied to the defunct Canadian crypto exchange QuadrigaCX were transferred out of cold wallets thought to be beyond anyone's control over the weekend, after sitting dormant for more than three years. From a report: The company's bankruptcy trustee, Ernst and Young, did not initiate the transfers, CoinDesk has learned. QuadrigaCX went bankrupt in 2019 after the apparent death of founder and CEO Gerald Cotten. At the time of its collapse, Quadriga was believed to have owed tho
  • Apple Scales Back High-End Mac Pro Plans, Weighs Production Move To Asia

    An anonymous reader quotes a report from Bloomberg, written by Mark Gurman: The new high-end Mac Pro with Apple silicon is behind schedule, and you can blame changes to the company's chip and manufacturing plans. When Apple announced plans in June 2020 to transition away from Intel processors to Mac chips designed in-house, the company said the move would take about two years. Now at the tail end of 2022, it's clear that Apple has missed its self-imposed deadline for completing the shift. In add
  • DraftKings Warns Data of 67,000 People Was Exposed In Account Hacks

    Sports betting company DraftKings revealed last week that more than 67,000 customers had their personal information exposed following a credential attack in November. BleepingComputer reports: In credential stuffing attacks, automated tools are used to make a massive number of attempts to sign into accounts using credentials (user/password pairs) stolen from other online services. [...] In a data breach notification filed with the Main Attorney General's office, DraftKings disclosed that the dat
  • Wind Power on Mars Can Power Human Habitats, Scientists Discover

    A new study published in Nature Astronomy assessed the viability of turbines as an energy source for future Mars missions, and "the results hint that wind power could be an important pillar of energy generation on the red planet, assuming humans are able to successfully land there in the coming decades," reports Motherboard. From the report: Scientists have generally written off wind power as a key energy source for Mars missions, compared to solar and nuclear power, because Martian winds are ex
  • Swatters Used Ring Cameras To Livestream Attacks, Taunt Police, Prosecutors Say

    An anonymous reader quotes a report from Ars Technica: Federal prosecutors have charged two men with allegedly taking part in a spree of swatting attacks against more than a dozen owners of compromised Ring home security cameras and using that access to livestream the police response on social media. Kya Christian Nelson, 21, of Racine, Wisconsin, and James Thomas Andrew McCarty, 20, of Charlotte, North Carolina, gained access to 12 Ring cameras after compromising the Yahoo Mail accounts of each
  • EU Agrees To the World's Largest Carbon Border Tax

    Longtime Slashdot reader WindBourne writes: EU is creating a tariff on certain imported goods based on their CO2 emissions that went into production and transportation. While many have opposed this, others have been correctly pointing out that little would change until nations started charging other nations for their polluting the world. In some ways, this already has a number of attributes going for it. With Kyoto, Europe forced that emissions from bio would count at the point where it was harv
  • Binance's Books Are a Black Box, Filings Show, As It Tries To Rally Confidence

    The world's biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token. Reuters reports: The exchange said it dealt with net outflows of around $6 billion over 72 hours last week "without breaking stride" because its finances are solid and "we take our responsibility as a custodian seriously." After the collapse of rival exchange FTX last month, Binance's founder Changpeng Zhao promised his company
  • Tumblr Is Launching a Livestreaming Feature

    Tumblr is adding support for livestreaming via the video platform Livebox. The Verge reports: Tumblr has supported streaming in the past, but it did so by letting people share streams from other services like YouNow and YouTube. The new option is described as a native Tumblr streaming service powered by Livebox. (Livebox is operated by the Meet Group, a subsidiary of the dating app company ParshipMeet Group.) Livebox allows users to tip streamers, and by the same token, Tumblr will let you pay c
  • UK Govt: Netflix Password Sharing Is Illegal and Potentially Criminal Fraud

    An anonymous reader quotes a report from TorrentFreak: The UK Government's Intellectual Property Office published new piracy guidance today, and it contains a small, easily missed detail. People who share their Netflix, Amazon Prime, or Disney+ passwords are violators of copyright law. And it gets worse. The IPO informs TorrentFreak that password sharing could also mean criminal liability for fraud. [...] In a low-key announcement today, the UK Government's Intellectual Property Office announced
  • Sam Bankman-Fried Agrees To US Extradition

    Sam Bankman-Fried has now decided to agree to be extradited to the United States to face fraud charges, two of his lawyers said on Monday, just hours after one of them told a Bahamas judge the FTX founder wanted to see the U.S. indictment against him before consenting. Reuters reports: On Monday afternoon, Jerone Roberts, Bankman-Fried's criminal defense lawyer in The Bahamas, told media outlets including the New York Times that his client had agreed to be voluntarily extradited and that he hope

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