YouTube Class Action: Same IP Address Used to Upload ‘Pirate’ Movies & File DMCA Notices

YouTube says it has found a “smoking gun” to prove that a class-action lawsuit filed by Grammy award-winning musician Maria Schneider and Pirate Monitor Ltd was filed in bad faith. According to the Google-owned platform, the same IP address used to upload ‘pirate’ movies to the platform also sent DMCA notices targeting the same batch Read more about YouTube Class Action: Same IP Address Used to Upload ‘Pirate’ Movies & File DMCA Notices[…]

Should We Use Search History for Credit Scores? IMF Says Yes

With more services than ever collecting your data, it’s easy to start asking why anyone should care about most of it. This is why. Because people start having ideas like this. In a new blog post for the International Monetary Fund, four researchers presented their findings from a working paper that examines the current relationship Read more about Should We Use Search History for Credit Scores? IMF Says Yes[…]

Are we working more than ever? – Our World in Data

Working hours for the average worker have decreased dramatically over the last 150 years. Why should we care? The evidence presented here comes from decades of work from economic historians and other researchers. Of course, the data is not perfect — as we explain in a forthcoming post, measuring working hours with accuracy is difficult, Read more about Are we working more than ever? – Our World in Data[…]

SolarWinds’ shares drop 22 per cent. But what’s this? $286m in stock sales just before hack announced?

Two Silicon Valley VC firms, Silver Lake and Thoma Bravo, sold hundreds of millions of dollars in SolarWinds shares just days before the software biz emerged at the center of a massive hacking campaign. Silver Lake and Thoma Bravo deny anything untoward. The two firms owned 70 per cent of SolarWinds, which produces networking monitoring Read more about SolarWinds’ shares drop 22 per cent. But what’s this? $286m in stock sales just before hack announced?[…]

Pornhub removes all unverified videos from its platform after Mastercard and Visa drop them

Last week, infamous porn-hosting site Pornhub made a big change by cutting off “unverified” uploads. Now, the company is taking things a step further and has removed all content that wasn’t uploaded by either a “content partner” or a verified user. Overnight, Pornhub has removed millions of uploaded videos — and, according to Vice, the Read more about Pornhub removes all unverified videos from its platform after Mastercard and Visa drop them[…]

Jailbreak app store Cydia files its own antitrust lawsuit against Apple

Cydia, the original app store for jailbroken iPhones, has joined a wave of companies and regulators in targeting Apple over antitrust concerns. In a lawsuit it filed on Thursday, it accused Apple of “anti-competitive acquisition and maintenance of an illegal monopoly over iOS app distribution.” Were that not the case, Cydia argues, users would “be Read more about Jailbreak app store Cydia files its own antitrust lawsuit against Apple[…]

France fines Google $120M and Amazon $42M for dropping tracking cookies without consent

France’s data protection agency, the CNIL, has slapped Google and Amazon with fines for dropping tracking cookies without consent. Google has been hit with a total of €100 million ($120 million) for dropping cookies on Google.fr and Amazon €35 million (~$42 million) for doing so on the Amazon .fr domain under the penalty notices issued Read more about France fines Google $120M and Amazon $42M for dropping tracking cookies without consent[…]

Facebook crushed rivals to maintain an illegal monopoly, the entire United States yells in Zuckerberg’s face

Facebook illegally crushed its competition and continues to do so to this day to maintain its monopoly, according to a lawsuit filed on Wednesday by the attorneys general of no fewer than 46 US states plus Guam and DC. The lawsuit alleges that the social media giant “illegally acquired competitors in a predatory manner and Read more about Facebook crushed rivals to maintain an illegal monopoly, the entire United States yells in Zuckerberg’s face[…]

Wall Street Begins Trading Water Futures as a Commodity

Wall Street has begun trading water as a commodity, like gold or oil. The country’s first water market launched on the Chicago Mercantile Exchange this week with $1.1 billion in contracts tied to water prices in California, Bloomberg News reported. The market allows farmers, hedge funds, and municipalities to hedge bets on the future price Read more about Wall Street Begins Trading Water Futures as a Commodity[…]

GM launches OnStar Insurance Services – uses your driving data to calculate insurance rate

Andrew Rose, president of OnStar Insurance Services commented: “OnStar Insurance will promote safety, security and peace of mind. We aim to be an industry leader, offering insurance in an innovative way. “GM customers who have subscribed to OnStar and connected services will be eligible to receive discounts, while also receiving fully-integrated services from OnStar Insurance Read more about GM launches OnStar Insurance Services – uses your driving data to calculate insurance rate[…]

Struggling electric jet startup Zunum sues Boeing for fraud, misuse of trade secrets, poaching talent

In 2017, Zunum Aero was flying high. The Kirkland, Washington-based aviation startup came out of stealth mode with bold plans to build a fleet of 12-seat hybrid electric jets for short, regional hops between cities. The company, which had received millions of dollars from the venture arms of Boeing and JetBlue, said it would be Read more about Struggling electric jet startup Zunum sues Boeing for fraud, misuse of trade secrets, poaching talent[…]

YouTube will run ads on smaller creators’ videos without paying them

Don’t be surprised if you start seeing ads on videos made by smaller YouTube creators. The video-sharing website has updated its Terms of Service, and it includes a new section that gives it the right to monetize videos from channels not big enough to be part of its Partner Program. That doesn’t mean new creators Read more about YouTube will run ads on smaller creators’ videos without paying them[…]

Apple braces for antitrust woes by letting users select and install third-party apps during setup of iOS 14.3

iOS 14.3 will prompt some users to install selected third-party applications during setup, in what is likely an attempt to stifle any allegations of anticompetitive behaviour from regulators. The feature, which is buried deep within the beta version of the upcoming iOS release and was first spotted by 9to5Mac, is believed to be activated depending Read more about Apple braces for antitrust woes by letting users select and install third-party apps during setup of iOS 14.3[…]

European Commission charges Amazon over misuse of seller data to make copy cat products

The European Union is serving formal antitrust charges to Amazon, saying that the retailer has misused its position to compete against third-party businesses using its platform. Officials, led by competition chief Margrethe Vestager, believe there is enough evidence to charge the company for this misuse. This data, so the claim goes, was used by Amazon Read more about European Commission charges Amazon over misuse of seller data to make copy cat products[…]

Uncle Sam’s legal eagles hope to get their claws on $1bn in Bitcoin ‘stolen by hacker’ from dark-web souk Silk Road

The US Department of Justice on Thursday filed a legal request to formally take control of more than $1bn in Bitcoin (BTC) generated from the sales of illicit goods at Silk Road. It is believed the crypto-coins were stolen from the dark-web market at some point, and now the Feds want to take ownership of Read more about Uncle Sam’s legal eagles hope to get their claws on $1bn in Bitcoin ‘stolen by hacker’ from dark-web souk Silk Road[…]

The Department of Justice sues Google over antitrust concerns | Engadget

We all knew it was coming. Today, the US government’s Department of Justice filed an antitrust lawsuit against Google. The company, which is a part of Alphabet, is accused of having an unfair monopoly over search and search-related advertising. In addition, the department disagrees with the terms around Android, the most widely-used mobile operating system, Read more about The Department of Justice sues Google over antitrust concerns | Engadget[…]

Amazon’s Stops Pretending and launches anticompetitive New Panel Program

After spending years promising Congress that the data it collected from third-party sellers wasn’t used to beef up its private-label products, today Amazon decided to roll out a product meant to do exactly that. The Amazon Shopper Panel, as it’s called, promises to pay Amazon customers that offer intel to the ecommerce giant about where Read more about Amazon’s Stops Pretending and launches anticompetitive New Panel Program[…]

Trying to change the Dutch home copy tax

The representatives of producers and importers of consumer electronics (NLdigital, NLconnect, TechniekNederland, FIAR CE and STOBI) have asked Minister Dekker to take a closer look at the current home copying system. The trade associations believe that the protection of copyright through this regulation is increasingly out of step with the technical and economic reality. NLdigital Read more about Trying to change the Dutch home copy tax[…]

British Airways fined £20m over data breach

British Airways has been fined £20m ($26m) by the Information Commissioner’s Office (ICO) for a data breach which affected more than 400,000 customers. The breach took place in 2018 and affected both personal and credit card data. The fine is considerably smaller than the £183m that the ICO originally said it intended to issue back Read more about British Airways fined £20m over data breach[…]

Come on, Amazon: If you’re going to copy open-source code for a new product, at least credit the creator – FOSS problems

On Thursday, Amazon Web Services launched CloudWatch Synthetics Recorder, a Chrome browser extension for recording browser interactions that it copied from the Headless Recorder project created by developer Tim Nolet. It broke no law in doing so – the software is published under the permissive Apache License v2 – and developers expect such open-source projects Read more about Come on, Amazon: If you’re going to copy open-source code for a new product, at least credit the creator – FOSS problems[…]

Robinhood Users Says There’s No One To Call When Accounts Are Hacked

It took Soraya Bagheri a day to learn that 450 shares of Moderna Inc. had been liquidated in her Robinhood account and that $10,000 in withdrawals were pending. But after alerting the online brokerage to what she believed was a theft in progress, she received a frustrating email. The firm wrote it would investigate and Read more about Robinhood Users Says There’s No One To Call When Accounts Are Hacked[…]

Apple made ProtonMail add in-app purchases, even though it had been free for years – this App store shakedown has a long scared list of victims

one app developer revealed to Congress that it — just like WordPress — had been forced to monetize a largely free app. That developer testified that Apple had demanded in-app purchases (IAP), even though Apple had approved its app without them two years earlier — and that when the dev dared send an email to Read more about Apple made ProtonMail add in-app purchases, even though it had been free for years – this App store shakedown has a long scared list of victims[…]

Apple, Facebook, Google, Amazon Are Monopolies: Antitrust Committee

Just as you suspected, Big Tech is dominated by monopolies, a House Judiciary antitrust subcommittee found. After more than a year of investigating Apple, Facebook, Google, and Amazon’s behavior, lawmakers released a 449-page report with their findings on Tuesday, complete with recommendations that the four companies be broken up to make the market more competitive. Read more about Apple, Facebook, Google, Amazon Are Monopolies: Antitrust Committee[…]

Indian Startups Explore Alliance and Alternative App Store To Fight Google’s Monopoly

More than 150 startups and firms in India are working to form an alliance and toying with the idea of launching an app store to cut their reliance on Google, five people familiar with the matter told TechCrunch. The list of entrepreneurs includes high-profile names, such as Vijay Shekhar Sharma, co-founder and chief executive of Read more about Indian Startups Explore Alliance and Alternative App Store To Fight Google’s Monopoly[…]

Report: Financial records appear to show Ivanka Trump got ‘consulting fees’ to reduce father’s tax bill

Tax records obtained by The New York Times appear to show that President Trump reduced his taxable income by treating his eldest daughter, Ivanka Trump, as a consultant, then deducting this as a business expense. The Times reports that Trump Organization tax records show between 2010 and 2018, President Trump wrote off as business expenses Read more about Report: Financial records appear to show Ivanka Trump got ‘consulting fees’ to reduce father’s tax bill[…]