Enlarge (credit: iStock / Getty Images Plus) More than 200 long-time Wikipedia editors have requested that the Wikimedia Foundation stop accepting cryptocurrency donations. The foundation received crypto donations worth about $130, 000 in the most recent fiscal year—less than 0. 1 percent of the foundation’s revenue, which topped $150 million last year. Debate on the […]
Tag: Policy
Microsoft’s tactics to win cloud battle lead to new antitrust scrutiny
Enlarge (credit: Aurich Lawson | Getty Images) Microsoft has escaped the recent backlash against the power and wealth of the biggest US tech companies. Despite a stock market value that has soared to more than $2 trillion on its dominance of various parts of the business software market, it has avoided a repeat of the […]
US seizes RaidForums, the “go-to” site for hackers selling stolen login details
Enlarge (credit: Getty Images | seksan Mongkhonkhamsao) The US has seized the domain of what it calls “one of the world’s largest hacker forums” and indicted its founder, the Department of Justice announced Tuesday. A notice on RaidForums.com says the domain was seized by the FBI, Secret Service, and Department of Justice. Europol and law enforcement […]
Elon Musk won’t join Twitter board, can thus exceed 14. 9% ownership cap
Enlarge (credit: Getty Images | NurPhoto) Elon Musk will not be joining Twitter’s board of directors, dropping out of a deal that would have prohibited him from buying more than 14. 9 percent of the company’s stock. Musk had agreed to join the board after purchasing 9. 2 percent of Twitter’s stock, but Twitter CEO […]
An old music industry scheme, revived for the Spotify era
Enlarge (credit: Aurich Lawson | Getty Images) Benn Jordan was flattered when he scanned his inbox. Jordan is a musician who records and performs under various pseudonyms, most famously as The Flashbulb. His music is best described as electronica with occasional hints of modern jazz, and while he has become pretty successful, he hasn’t headlined […]
The Senate bill that has Big Tech scared
Enlarge (credit: Wired | Getty Images) If you want to know how worried an industry is about a piece of pending legislation, a decent metric is how apocalyptic its predictions are about what the bill would do. By that standard, Big Tech is deeply troubled by the American Innovation and Choice Online Act. The infelicitously […]
Cox customers fight back against sneaky broadcast TV and regional sports fees
Enlarge (credit: Getty Images | Jeffrey Coolidge) Cable TV provider Cox is facing hundreds of arbitration demands alleging that it failed to adequately disclose its “Broadcast Surcharge” and “Regional Sports Surcharge” and that it used these fees to raise prices on customers who were promised fixed rates. The Hattis & Lukacs law firm last night […]
Facebook says Ukraine military accounts were hacked to post calls for surrender
Enlarge / Ukrainian soldiers sit on an armored military vehicle in Sievierodonetsk on April 7, 2022, amid Russia’s invasion of Ukraine. (credit: Getty Images | Fadel Senna) Facebook today reported an increase in attacks on accounts run by Ukraine military personnel. In some cases, attackers took over accounts and posted “videos calling on the Army […]
Apple defies Russian government, restores opposition voting app
Enlarge / Jailed Kremlin critic Alexei Navalny’s “Smart Voting” app. (credit: Natalia Kolesnikova/Getty Images) Apple company has restored an app sponsored by Alexei Navalny, a prominent leader of Russia’s political opposition, to the company’s Russian app store. The apple company took down the app last September, days before Russia’s legislative elections, under pressure from the Russian […]
Project “Zuck Bucks”: Meta plans virtual coin after cryptocurrency flop
Enlarge (credit: Financial Times | Getty) Meta has drawn up plans to introduce virtual coins, tokens and lending services to its apps, as Facebook’s parent company pursues its finance ambitions despite the collapse of a project to launch a cryptocurrency. The company, led by chief executive Mark Zuckerberg, is seeking alternative revenue streams and new […]