From the archive
California Governor Gavin Newsom has signed a law (AB 2426) to combat “disappearing” purchases of digital games, movies, music and ebooks. The legislation will force digital storefronts to tell customers they're just getting a license to use the digital media, rather than suggesting they actually own it. The Verge reported.
Today, X released the company’s first transparency report since Elon Musk bought the company, formerly Twitter, in 2022, WIRED reported. Before Musk’s takeover, Twitter would release transparency reports every six months. These largely cover the same grounds the new X report, giving specific numbers for takedowns, government requests for information, and content removals, as well as data about which content
The Department of Justice has filed an antitrust lawsuit against Visa, alleging that the financial services firm has an illegal monopoly over debit network markets and has attempted to unlawfully crush competitors, including fintech companies like PayPal and Square. The lawsuit, which was first rumored by Bloomberg, follows a multiyear investigation of Visa, which the company disclosed in 2021, The
Two suspects, Malone Lam and Jeandiel Serrano, were arrested for their roles in a $230 million cryptocurrency heist, laundering the funds using exchanges and mixers. They accessed victims' accounts through impersonation tactics and laundered the stolen funds to finance a lavish lifestyle. Despite efforts to cover their tracks using privacy coins and VPNs, mistakes in their operational security led to
The U.S. Commerce Department on Monday proposed banning Chinese software and hardware for vehicles with a built-in internet connection, a move that would in effect ban Chinese vehicles from the US market, Financial Times reported. The rule follows concerns from the Biden administration about Chinese companies collecting data on American drivers and infrastructure as well as the potential for foreign
The Brazilian Supreme Court on Saturday asked Elon Musk-owned social platform X to present documents validating its new legal representation in the country, as the firm’s lawyers now say it will comply with court demands to be allowed to resume operations in Brazil, Reuters reported. X was shut down in Brazil in late August after it did not comply with
Elon Musk suddenly appears to be giving up, The New York Times reported. After defying court orders in Brazil for three weeks, Mr. Musk’s social network, X, has capitulated. In a court filing on Friday night, the company’s lawyers said that X had complied with orders from Brazil’s Supreme Court in the hopes that the court would lift a block