Enlarge / John Stossel speaking with attendees at the 2018 Young Americans for Liberty New York City Spring Summit at the Teaneck Marriott at Glenpointe in Teaneck, New Jersey. (credit: Gage Skidmore / Flickr (CC BY-SA 2. 0) ) Former Fox Business host John Stossel is suing Facebook, alleging that the social media company and […]
Enlarge / Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building and US Courthouse in San Jose, Calif., on Wednesday, Sept. 22, 2021. Holmes is charged with two counts of conspiracy to commit wire fraud and nine counts of wire fraud and could face up to 20 years in prison if convicted. (credit: […]
Enlarge (credit: Thomas Trutschel/Getty Images) Facebook has suspended plans to launch Instagram Kids, a version of its photo-sharing app for children under the age of 13, as criticism of the project gathered momentum in Washington. Adam Mosseri, who runs the Facebook-owned app, denied that the decision to “pause” development work on Instagram Kids was an […]
Enlarge (credit: Roy Rochlin | Getty Images) In 2018, Oakland enacted an innovative law giving citizens a voice in police use of surveillance technology. The Electronic Frontier Foundation called it “ the new gold standard in community control of police monitoring . ” Since then, about 20 other cities have adopted similar laws. Now, Brian […]
Enlarge / DeSnake is back, with big promises about keeping AlphaBay up and running this time. (credit: Illustration: Elena Lacey | Getty Images) Just over four years ago, the US Department of Justice announced the takedown of AlphaBay, the biggest dark web market bust in history. Thai police arrested the site’s 26-year-old administrator, Alexandre Cazes, […]
Enlarge (credit: Aurich Lawson / Getty) Bitcoin’s massive power consumption is the cryptocurrency’s dirty secret. To mine bitcoin, computers across the globe chew through enough electricity to power a medium size country, somewhere on the order of the Netherlands or Poland depending on the particular estimate. In fact, electricity has become such the significant factor […]
Enlarge / China has cracked down on bitcoin and other cryptocurrencies in a bid to limit capital outflows. (credit: Nuthawut Somsuk/iStock Editorial ) China’s crackdown on cryptocurrencies intensified today, with the country’s central bank announcing that all crypto-related transactions are illegal. “There are usually legal risks for individuals and organizations participating in virtual currency and […]
Enlarge / Facebook CEO Mark Zuckerberg testifies before a combined Senate Judiciary and Commerce committee hearing in the Hart Senate Office Building on Capitol Hill April 10, 2018 in Washington, DC. Zuckerberg, 33, was called to testify after it was reported that millions of Facebook users had their personal information harvested by Cambridge Analytica. (credit: […]
Elizabeth Holmes speaking at the Fortune Global Forum in 2015, around the time Theranos was under increasing pressure to deliver results from its ill-fated Edison testing device. (credit: Fortune Global Forum) James Mattis, the retired general and former defense secretary, took the stand yesterday in the criminal trial of Elizabeth Holmes, detailing how his faith […]
Enlarge (credit: Aurich Lawson / Getty Images) Facebook’s oversight board is investigating claims the social media group allowed some high-profile users to break its rules and accused the company of withholding information on the matter. The board, a “Supreme Court: style body created to oversee its content moderation processes, on Tuesday said it was looking […]