Monthly Archives: July 2024

Googles Enshittification hits Fitbit: You Won’t Be Able to Access Your Fitbit Web Dashboard Any More

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Today is the last day you can interact with your Fitbit health data on a big screen. Last month, Fitbit announced in a blog post that consumers will no longer have access to the tracker’s web dashboard after July 8, 2024.

Fitbit describes the move as “consolidating the dashboard into the Fitbit app.” However, the statement assumes that all of the dashboard’s functionality is on the app, and the device consumers use to log and analyze their data doesn’t matter to them, which isn’t entirely true.

In the statement Fitbit released, it attributed the decision to its parent company. “Combined with Google’s decades of being the best at making sense of data, it’s our mission to be one combined Fitbit and Google team,”

[…]

Rightfully so, consumers are not happy, and quite a few have announced their decisions to switch to a fitness-tracking alternative. Apparently, the ability to create custom meals was an option specific to the web dashboard and not available on the phone app.

Pace Charts is another feature consumers don’t see on their Fitbit mobile apps despite being promised everything the web version offers. Some users commented that they prefer the web portal for entering data, while others lamented losing a big picture overview of their stats.

[…]

Source: You Won’t Be Able to Access Your Fitbit Web Dashboard After Today

Why You Should Consider Proton Docs Over Google

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Proton has officially launched Docs in Proton Drive, a new web-based productivity app that gives you access to a fully-featured text editor with shared editing capabilities and full end-to-end encryption. It’s meant to take on Google Docs—one of the leading online word processors in the world, and make it more convenient to use Proton’s storage service. But how exactly does Proton’s document editor compare to Google’s? Here’s what you need to know.

Docs in Proton Drive has a familiar face

On the surface, Docs in Proton Drive—or Proton Docs as some folks have begun calling it for simplicity’s sake—looks just like Google Docs. And that’s to be expected. Text editors don’t have much reason to stray from the same basic “white page with a bunch of toolbars” look, and they all offer the same types of tools like headlines, bullet points, font changes, highlighting, etc.

[…]

The difference isn’t in the app itself

[…]

Proton has built its entire business around the motto of “privacy first,” and that extends to the company’s latest software offerings, too. Docs in Proton Drive includes complete end-to-end encryption—down to your cursor movements—which means nobody, not even Proton, can track what you’re doing in your documents. They’re locked down before they even reach Proton’s servers.

This makes the product very enticing for businesses that might want to keep their work as private as possible while also still having the same functionality as Google Docs—because Proton isn’t missing any of the functionality that Google Docs offers, aside from the way that Google Docs integrates with the rest of the Google Suite of products.

That’s not to say that Google isn’t secure. Google does utilize its own level of encryption when storing your data in the cloud. However, it isn’t completely end-to-end encrypted, so Google has open access to your data. Google says it only trains its generative AI on “publicly accessible” information, and while that probably won’t affect most people, it is a pain point for many, especially as the company does make exceptions for features like Smart Compose.

That worry is why products with end-to-end encryption have become such a commodity in recent years—especially as cybersecurity risks continue to rise, meaning you have to trust the companies who store your data even more. Proton’s advantage is that it promises to NEVER use your content for any purpose—and those aren’t empty words. Because the company doesn’t have access to your content, it couldn’t use it even if it wanted to.

[…]

Source: Why You Should Consider Proton Docs Over Google | Lifehacker

Nike Is Killing the App for Its 5 year old $350 Self-Tying Sneakers

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In 2019, Nike got closer than ever to its dream of popularizing self-tying sneakers by releasing the Adapt BB. Using Bluetooth, the sneakers paired to the Adapt app that let users do things like tighten or loosen the shoes’ laces and control its LED lights. However, Nike has announced that it’s “retiring” the app on August 6, when it will no longer be downloadable from Apple’s App Store or the Google Play Store; nor will it be updated.

In an announcement recently spotted by The Verge, Nike’s brief explanation for discontinuing the app is that Nike “is no longer creating new versions of Adapt shoes.” The company started informing owners about the app’s retirement about four months ago.

Those who already bought the shoes can still use the app after August 6, but it’s expected that iOS or Android updates will eventually make the app unusable. Also, those who get a new device won’t be able to download Adapt after August 6.

Without the app, wearers are unable to change the color of the sneaker’s LED lights. The lights will either maintain the last color scheme selected via the app or, per Nike, “if you didn’t install the app, light will be the default color.” While owners will still be able to use on-shoe buttons to turn the shoes on or off, check its battery, adjust the lace’s tightness, and save fit settings, the ability to change lighting and control the shoes via mobile phone were big selling points of the $350 kicks.

[…]

Some may be unsurprised that Nike’s attempt at commercializing the shoes from Back to the Future Part II has run into a wall. Nike, for instance, also discontinued NikeConnect, its app for $200 NBA jerseys announced in 2017 that turned wearers into marketing gold.

Casual sneaker wearers would overlook the Adapt BB’s flashy features, but the shoe had inherent flaws that could frustrate sneaker fanatics, too. It didn’t take long, for example, for a recommended software update to break the shoes, including making them unwearable to anyone who wanted to tighten the laces.

[…]

Source: Nike Is Killing the App for Its $350 Self-Tying Sneakers | WIRED

Nike has a much longer history of killing apps, leaving you with junk, like the Nike+

The bloat continues: Spellcheck and autocorrect in Notepad begins rolling out. Who wants this stuff?

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Notepad (version 11.2402.18.0)

With this update, Notepad will now highlight misspelled words and provide suggestions so that you can easily identify and correct mistakes. We are also introducing autocorrect which seamlessly fixes common typing mistakes as you type.

Misspelled word highlighted in Notepad with options to correct the spelling.
Misspelled word highlighted in Notepad with options to correct the spelling.

Getting started with spellcheck in Notepad is easy as misspelled words are automatically underlined in red. To fix a spelling mistake, click, tap, or use the keyboard shortcut Shift + F10 on the misspelled word to see suggested spellings. Selecting a suggestion immediately updates the word. You can also choose to ignore words in a single document or add them to the dictionary, so they are not flagged as a mistake again. Spellcheck in Notepad supports multiple languages.

This feature is enabled by default for some file types but is off by default in log files and other file types typically associated with coding. You can toggle this setting on or off globally or for certain file types in Notepad app settings or temporarily for the current file in the context menu. We’ve organized the settings page as well to make it easier to find and adjust Notepad app settings.

[We are beginning to roll out spellcheck in Notepad, so it may not be available to all Insiders in the Canary and Dev Channels just yet as we plan to monitor feedback and see how it lands before pushing it out to everyone.]

FEEDBACK: Please share your feedback in Feedback Hub (WIN + F) under Apps > Notepad.

Source: Spellcheck in Notepad begins rolling out to Windows Insiders | Windows Insider Blog

Guys, notepad is supposed to be simple! The height of complexity was supposed to be choosing word wrap or not. All of this cruft is completely unnecessary. If I want it, I can start up libreoffice writer, notepad++ or proton docs.

Dior Paid a Contractor $57 to Make a Bag That Sold for Nearly $2,800 under really bad working conditions

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Italian prosecutors in Milan investigated the LVMH subsidiary Dior’s use of third-party suppliers in recent months. Prosecutors said these companies exploited workers to pump out bags for a small fraction of their store price.

Citing documents examined by authorities, Reuters reported last month that Dior paid a supplier $57 to produce bags that retailed for about $2,780. The costs do not include raw materials such as leather.

The relevant unit of Dior didn’t adopt “appropriate measures to check the actual working conditions or the technical capabilities of the contracting companies,” a prosecution document said, according to Reuters.

In probes through March and April, investigators found evidence that workers were sleeping in the facility so bags could be produced around the clock, Reuters reported. They also tracked electricity-consumption data, which showed work was being carried out during nights and holidays, the report said.

The subcontractors were Chinese-owned firms, prosecutors said. They said most of the workers were from China, with two living in the country illegally and another seven working without required documentation.

The probe also said safety devices on gluing and brushing machines were removed so workers could operate them faster.

[…]

The probe also extended to Giorgio Armani contractors, and the luxury company was accused of not properly overseeing its suppliers.

Armani paid contractors $99 per bag for products that sold for more than $1,900 in stores, according to documents seen by Reuters.

[…]

Judges in Milan have ordered units of both companies to be placed under judicial administration for one year. Reuters reported earlier this year that they’d be allowed to operate during the period.

A regular manufacturing practice

The prosecution said violating labor rules was a common industry practice that luxury giants relied on for higher profits.

“It’s not something sporadic that concerns single production lots, but a generalized and consolidated manufacturing method,” court documents about the decision to place Dior under administration said, according to Reuters.

“The main problem is obviously people being mistreated: applying labor laws, so health and safety, hours, pay,” Fabio Roia, the president of the Milan Court, told Reuters earlier this year. “But there is also another huge problem: the unfair competition that pushes law-abiding firms off the market.”

[…]

Source: Dior Paid a Contractor $57 to Make a Bag That Sold for Nearly $2,800 – Business Insider

A breakthrough in solid state sodium batteries: inexpensive, clean, fast-charging

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[…] “Although there have been previous sodium, solid-state, and anode-free batteries, no one has been able to successfully combine these three ideas until now,” said UC San Diego PhD candidate Grayson Deysher, first author of a new paper outlining the team’s work.

The paper, published today in Nature Energy, demonstrates a new sodium battery architecture with stable cycling for several hundred cycles. By removing the anode and using inexpensive, abundant sodium instead of lithium, this new form of battery will be more affordable and environmentally friendly to produce. Through its innovative solid-state design, the battery also will be safe and powerful.

[…]

“In any anode-free battery there needs to be good contact between the electrolyte and the current collector,” Deysher said. “This is typically very easy when using a liquid electrolyte, as the liquid can flow everywhere and wet every surface. A solid electrolyte cannot do this.”

However, those liquid electrolytes create a buildup called solid electrolyte interphase while steadily consuming the active materials, reducing the battery’s usefulness over time.

A solid that flows

The team took a novel, innovative approach to this problem. Rather than using an electrolyte that surrounds the current collector, they created a current collector that surrounds the electrolyte.

They created their current collector out of aluminum powder, a solid that can flow like a liquid.

During battery assembly the powder was densified under high pressure to form a solid current collector while maintaining a liquid-like contact with the electrolyte, enabling the low-cost and high-efficiency cycling that can push this game-changing technology forward.

[…]

Story Source:

Materials provided by University of Chicago. Original written by Paul Dailing. Note: Content may be edited for style and length.

Journal Reference:

  1. Grayson Deysher, Jin An Sam Oh, Yu-Ting Chen, Baharak Sayahpour, So-Yeon Ham, Diyi Cheng, Phillip Ridley, Ashley Cronk, Sharon Wan-Hsuan Lin, Kun Qian, Long Hoang Bao Nguyen, Jihyun Jang, Ying Shirley Meng. Design principles for enabling an anode-free sodium all-solid-state battery. Nature Energy, 2024; DOI: 10.1038/s41560-024-01569-9

Source: A breakthrough in inexpensive, clean, fast-charging batteries | ScienceDaily

384,000 sites still pulling code from sketchy polyfill.io code library recently bought by Chinese firm

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More than 384,000 websites are linking to a site that was caught last week performing a supply-chain attack that redirected visitors to malicious sites, researchers said.

For years, the JavaScript code, hosted at polyfill[.]com, was a legitimate open source project that allowed older browsers to handle advanced functions that weren’t natively supported. By linking to cdn.polyfill[.]io, websites could ensure that devices using legacy browsers could render content in newer formats. The free service was popular among websites because all they had to do was embed the link in their sites. The code hosted on the polyfill site did the rest.

The power of supply-chain attacks

In February, China-based company Funnull acquired the domain and the GitHub account that hosted the JavaScript code. On June 25, researchers from security firm Sansec reported that code hosted on the polyfill domain had been changed to redirect users to adult- and gambling-themed websites. The code was deliberately designed to mask the redirections by performing them only at certain times of the day and only against visitors who met specific criteria.

The revelation prompted industry-wide calls to take action. Two days after the Sansec report was published, domain registrar Namecheap suspended the domain, a move that effectively prevented the malicious code from running on visitor devices. Even then, content delivery networks such as Cloudflare began automatically replacing pollyfill links with domains leading to safe mirror sites. Google blocked ads for sites embedding the Polyfill[.]io domain. The website blocker uBlock Origin added the domain to its filter list. And Andrew Betts, the original creator of Polyfill.io, urged website owners to remove links to the library immediately.

As of Tuesday, exactly one week after malicious behavior came to light, 384,773 sites continued to link to the site, according to researchers from security firm Censys. Some of the sites were associated with mainstream companies including Hulu, Mercedes-Benz, and Warner Bros. and the federal government. The findings underscore the power of supply-chain attacks, which can spread malware to thousands or millions of people simply by infecting a common source they all rely on.

[…]

Source: 384,000 sites pull code from sketchy code library recently bought by Chinese firm | Ars Technica

CocoaPods Vulnerabilities from 2014 Affects almost all Apple devices, Facebook, TikTok apps and more

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CocoaPods vulnerabilities reported today could allow malicious actors to take over thousands of unclaimed pods and insert malicious code into many of the most popular iOS and MacOS applications, potentially affecting “almost every Apple device.”

E.V.A Information Security researchers found that the three vulnerabilities in the open source CocoaPods dependency manager were present in applications provided by Meta (Facebook, Whatsapp), Apple (Safari, AppleTV, Xcode), and Microsoft (Teams); as well as in TikTok, Snapchat, Amazon, LinkedIn, Netflix, Okta, Yahoo, Zynga, and many more.

The vulnerabilities have been patched, yet the researchers still found 685 Pods “that had an explicit dependency using an orphaned Pod; doubtless there are hundreds or thousands more in proprietary codebases.”

The widespread issue is further evidence of the vulnerability of the software supply chain. The researchers wrote that they often find that 70-80% of client code they review “is composed of open-source libraries, packages, or frameworks.”

The CocoaPods Vulnerabilities

The newly discovered vulnerabilities – one of which (CVE-2024-38366) received a 10 out of 10 criticality score – actually date from a May 2014 CocoaPods migration to a new ‘Trunk’ server, which left 1,866 orphaned pods that owners never reclaimed.

The other two CocoaPods vulnerabilities (CVE-2024-38368 and CVE-2024-38367) also date from the migration.

For CVE-2024-38368, the researchers said that in analyzing the source code of the ‘Trunk’ server, they noticed that all orphan pods were associated with a default CocoaPods owner, and the email created for this default owner was unclaimed-pods@cocoapods.org. They also noticed that the public API endpoint to claim a pod was still available, and the API “allowed anyone to claim orphaned pods without any ownership verification process.”

“By making a straightforward curl request to the publicly available API, and supplying the unclaimed targeted pod name, the door was wide open for a potential attacker to claim any or all of these orphaned Pods as their own,” wrote Reef Spektor and Eran Vaknin.

Once they took over a Pod, an attacker would be able to manipulate the source code or insert malicious content into the Pod, which “would then go on to infect many downstream dependencies, and potentially find its way into a large percentage of Apple devices currently in use.”

[…]

“The vulnerabilities we discovered could be used to control the dependency manager itself, and any published package.”

Downstream dependencies could mean that thousands of applications and millions of devices were exposed over the last few years, and close attention should be paid to software that relies on orphaned CocoaPod packages that do not have an owner assigned to them.

Developers and organizations should review dependency lists and package managers used in their applications, validate checksums of third-party libraries, perform periodic scans to detect malicious code or suspicious changes, keep software updated, and limit use of orphaned or unmaintained packages.

“Dependency managers are an often-overlooked aspect of software supply chain security,” the researchers wrote. “Security leaders should explore ways to increase governance and oversight over the use these tools.”

Source: CocoaPods Vulnerabilities Could Affect Apple, Facebook, TikTok

Universal income experiment in Denver leads to predictable results – less tax $ spent, less homelessness

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An experiment to pay people who were homeless in Denver with no limits on how they could spend the money led to twice as many people in stable housing, according to researchers who released their one-year report Tuesday.

More than 800 people were selected to participate in the Denver Basic Income Project while they were living on the streets, in shelters, on friends’ couches or in vehicles. They were separated into three groups. Group A received $1,000 per month for a year. Group B received $6,500 the first month and $500 for the next 11 months. And group C, the control group, received $50 per month.

About 45% of participants in all three groups were living in a house or apartment that they rented or owned by the study’s 10-month check-in point, according to the research. The number of nights spent in shelters among participants in the first and second groups decreased by half. And participants in those two groups reported an increase in full-time work, while the control group reported decreased full-time employment.

The project also saved tax dollars, according to the report. Researchers tallied an estimated $589,214 in savings on public services, including ambulance rides, visits to hospital emergency departments, jail stays and shelter nights.

[…]

Mark Donovan, founder and executive director of the Denver Basic Income Project, said his goal is to make the project permanent.

“We believe the first year of the program established a sense of stability for participants, and the second year and beyond is when individuals can experience an even more profound transformation,” he said in an emailed news release. “We aim to persuade policymakers to establish permanent funding streams for programs like ours.”

Of the $9.2 million spent on the program in 2023, $7.1 million went to participants. The rest went to delivery and fund-raising costs.

The average age of participants was 44, with the youngest 18 and the oldest 86. About 34% participants were white, 27% were Black, and 7% were Indigenous or Native American.

Source: What happened after homeless people in Denver got paid with no strings attached

Proton Docs is a privacy-focused answer to Google Docs and Microsoft Word

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Proton Docs looks a lot like Google Docs: white pages, formatting toolbar at the top, live indicators showing who’s in the doc with their name attached to a cursor, the whole deal. That’s not especially surprising, for a couple of reasons. First, Google Docs is hugely popular, and there are only so many ways to style a document editor anyway. Second, Proton Docs exists in large part to be all the things that are great about Google Docs — just without Google in the mix.

Docs is launching today inside of Proton Drive, as the latest app in Proton’s privacy-focused suite of work tools. The company that started as an email client now also includes a calendar, a file storage system, a password manager, and more. Adding Docs to the ecosystem makes sense for Proton as it tries to compete with Microsoft Office and Google Workspace and seemed to be clearly coming soon after Proton acquired Standard Notes in April. Standard Notes isn’t going away, though, Proton PR manager Will Moore tells me — it’s just that Docs is borrowing some features.

The first version of Proton Docs seems to have most of what you’d expect in a document editor: rich text options, real-time collaborative editing, and multimedia support. (If Proton can handle image embeds better than Google, it might have a hit on its hands just for that.) It’s web-only and desktop-optimized for now, though Moore tells me it’ll eventually come to other platforms. “Everything that Google’s got is on our roadmap,” he says.

A screenshot of multiple editors in Proton Docs.
Imagine Google Docs… there, that’s it. You know what Proton Docs looks like.Image: Proton

Since this is a Proton product, security is everything: the company says every document, keystroke, and even cursor movement is end-to-end encrypted in real time. Proton has long promised to never sell or otherwise use your user data

[…]

Source: Proton Docs is a privacy-focused answer to Google Docs and Microsoft Word – The Verge

Spain introduces porn passport – really wants to know what you are watching and especially how often erm… no… *cough* to stop kids from watching smut

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The Spanish government has a plan to prevent kids from watching porn online: Meet the porn passport.

Officially (and drily) called the Digital Wallet Beta (Cartera Digital Beta), the app Madrid unveiled on Monday would allow internet platforms to check whether a prospective smut-watcher is over 18. Porn-viewers will be asked to use the app to verify their age. Once verified, they’ll receive 30 generated “porn credits” with a one-month validity granting them access to adult content. Enthusiasts will be able to request extra credits.

While the tool has been criticized for its complexity, the government says the credit-based model is more privacy-friendly, ensuring that users’ online activities are not easily traceable.

The system will be available by the end of the summer. It will be voluntary, as online platforms can rely on other age-verification methods to screen out inappropriate viewers. It heralds an EU law going into force in October 2027, which will require websites to stop minors from accessing porn.

Eventually, Madrid’s porn passport is likely to be replaced by the EU’s very own digital identity system (eIDAS2) — a so-called wallet app allowing people to access a smorgasbord of public and private services across the whole bloc.

“We are acting in advance and we are asking platforms to do so too, as what is at stake requires it,” José Luis Escrivá, Spain’s digital secretary, told Spanish newspaper El País.

Source: Spain introduces porn passport to stop kids from watching smut – POLITICO

Every time they mention kids, have a really good look at how much more they are spying on you and controlling your actions.

Eindhoven 3D printing service Shapeways files for bankruptcy

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The 3D printing service Shapeways, originally from Eindhoven, is bankrupt, both in the Netherlands and the US.

Shapeways started in 2007 as a spin-off from Philips. The company let users design and upload their own 3D files, after which Shapeways could print the objects.

The company has been listed on the American stock exchange since 2021. At the time, sales were expected to grow to $250 million by 2024, but that was not achieved. In 2023, the company posted a net loss of $43.9 million, compared to a loss of $20.2 million in 2022.

The company already reported to the US Security and Exchange Commission in May that it did not have sufficient liquid assets .

In the Netherlands, the company was declared bankrupt on July 3 by the court in East Brabant.

Source: The curtain falls for Eindhoven 3D printing service Shapeways – Emerce

Apple bows to Kremlin pressure to remove leading VPNs from Russian AppStore – in other news, Apple still active in Russia

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Apple has removed several apps offering virtual private network (VPN) services from the Russian AppStore, following a request from Roskomnadzor, Russia’s media regulator, independent news outlet Mediazona reported on Thursday.

The VPN services removed by Apple include leading services such as ProtonVPN, Red Shield VPN, NordVPN and Le VPN. Those living in Russia will no longer be able to download the services, while users who already have them on their phones can continue using them, but will be unable to update them.

Red Shield VPN posted a notice from Apple on X, which said that their app would be removed following a request from Roskomnadzor, “because it includes content that is illegal in Russia”.

Since the start of the Russian invasion of Ukraine in February 2022, the Kremlin has introduced strict online censorship and has blocked numerous independent media outlets and popular social media apps such as Facebook, Instagram and X.

As a result, anyone wanting to access blocked sites from Russia is forced to use a VPN, a protective tunnel that encrypts internet traffic and changes a user’s IP address.

[…]

Source: Apple bows to Kremlin pressure to remove leading VPNs from Russian AppStore — Novaya Gazeta Europe

Microsoft finally tells more customers their emails have been stolen

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It took a while, but Microsoft has told customers that the Russian criminals who compromised its systems earlier this year made off with even more emails than it first admitted.

We’ve been aware for some time that the digital Russian break-in at the Windows maker saw Kremlin spies make off with source code, executive emails, and sensitive US government data. Reports last week revealed that the issue was even larger than initially believed and additional customers’ data has been stolen.

“We are continuing notifications to customers who corresponded with Microsoft corporate email accounts that were exfiltrated by the Midnight Blizzard threat actor, and we are providing the customers the email correspondence that was accessed by this actor,” a Microsoft spokesperson told Bloomberg. “This is increased detail for customers who have already been notified and also includes new notifications.”

Along with Russia, Microsoft was also compromised by state actors from China not long ago, and that issue similarly led to the theft of emails and other data belonging to senior US government officials.

Both incidents have led experts to call Microsoft a threat to US national security, and president Brad Smith to issue a less-than-reassuring mea culpa to Congress. All the while, the US government has actually invested more in its Microsoft kit.

Bloomberg reported that emails being sent to affected Microsoft customers include a link to a secure environment where customers can visit a site to review messages Microsoft identified as having been compromised. But even that might not have been the most security-conscious way to notify folks: Several thought they were being phished.

Source: Microsoft tells more customers their emails have been stolen • The Register

Manipulators of GameStop shares sue ‘Roaring Kitty’ for manipulating GameStop but withdraw lawsuit for now

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NEW YORK, July 1 (Reuters) – Investors in GameStop (GME.N)

, opens new tab have for now withdrawn their lawsuit accusing Keith Gill, who is known as “Roaring Kitty” and helped spur the meme stock mania of 2021, of defrauding them through a “pump-and-dump” scheme for the videogame retailer.
A proposed class action accusing Gill of securities fraud was filed on Friday in the Brooklyn, New York, federal court, but voluntarily withdrawn on Monday without explanation. The lawsuit can be refiled
, opens new tab, according to the filing.
Lawyers at the Pomerantz law firm, which represents the investors, did not immediately respond to requests for comment.
Investors led by Martin Radev, who lives in the Las Vegas area, said Gill manipulated GameStop securities between May 13 and June 13 by quietly accumulating large quantities of stock and call options, then dumping some holdings after emerging from a three-year social media hiatus.
They said Gill’s activities caused GameStop’s share price to gyrate wildly, generating “millions of dollars” in profit for him at their expense.
“Defendant still enjoys celebrity status and commands a following of millions through his social media accounts,” the complaint said. “Accordingly, Defendant was well aware of his ability to manipulate the market for GameStop securities, as well as the benefits he could reap.”
Gill did not immediately respond to requests for comment on Monday.
On May 12, he posted a cryptic meme on the social media platform X that was widely seen as a bullish signal for GameStop, whose stock he cheerleaded in 2021.
GameStop’s share price more than tripled over the next two days, then gave back nearly all the gains by May 24.
On June 2, Gill revealed that he owned 5 million GameStop shares and 120,000 call options, and on June 13 revealed he had shed the call options but owned 9 million GameStop shares.
Investors said the truth about Gill’s investing became known on June 3 when the Wall Street Journal wrote about the timing of his options trades and said the online brokerage E*Trade (MS.N)
, opens new tab considered kicking him off its platform.
The meme stock mania was fueled in part by investors stuck at home during the pandemic, and led to a “short squeeze” that caused losses for hedge funds betting stock prices would fall.
On Monday, trading in Chewy (CHWY.N)

, opens new tab shares became volatile after Gill revealed a 6.6% stake in the pet products retailer.

Source: ‘Roaring Kitty’ lawsuit over GameStop is withdrawn for now | Reuters

So the investors starting the sueball were manipulating the stock by repeatedly shorting it, also with stocks that did not exist. Roaring Kitty showed this up a few years ago with the result that people started buying GME and raising the price. The shorters did not like this, as it cost them loads of money and they had to roll over their shorts. They are still clinging on to their shorts (at huge costs) and a bit ago Roaring Kitty broke his silence and posted a picture. That led to a spike in GME, probably at a time where the shorters needed to re-roll their shorts, which is why they are pissed.