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The Securities and Exchange Commission issued crypto exchange Coinbase a Wells notice, warning the company that it identified potential violations of U.S. securities law. CNBC reports: "Based on discussions with the Staff, the Company believes these potential enforcement actions would relate to aspects of the Company's spot market, staking service Coinbase Earn, Coinbase Prime and Coinbase Wallet," Coinbase said in a regulatory filing. "The potential civil action may seek injunctive relief, disgorgement, and civil penalties."
Coinbase described the investigation as "cursory," and said the Wells notice provided relatively little information about potential violations. "Although we don't take this development lightly, we are very confident in the way we run our business -- the same business we presented to the SEC in order for us to become a public company in 2021," Coinbase Chief Legal Officer Paul Grewal said in a blog post. The company said that until the resolution of any legal processes, the exchange's offerings would continue to operate as usual.
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We each grab a mic and take apart the Bard stewards responsible for this hype
Register Kettle AI-powered chatbots are 2023's hot tech topic, although users report the results they produce are mixed. At best.…
Epic Games' next big plan for the metaverse is to unify all of its disparate asset marketplaces under one brand, Fab. The Verge reports: The new store will include assets from the Unreal Engine Marketplace, Quixel Bridge, Artstation Marketplace, and Sketchfab, and Epic will give creators 88 percent of earnings on the store, like it does for the Epic Games Store. On Fab, you'll be able to get a vast amount of digital assets, including "3D models, materials, sound, VFX, digital humans, and more," Epic says. And the company is positioning it as an open marketplace that will support "all engines, all metaverse-inspired games which support imported content, and the most popular digital content creation packages." In theory, that means you won't need to be an Unreal Engine developer to get value from the store.
Fab is set to launch later this year, though it's available in alpha as a plugin for the new Unreal Editor for Fortnite tools.
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An anonymous reader quotes a report from Motherboard: The Federal Communications Commission (FCC) is using a new law to fine a pirate radio station operating in New York City for more than $2 million. For 15 years, Impacto 2, which has been operated by two brothers, has broadcast Ecuadorian news, culture, sports, and talk-radio on 105.5 FM in Queens. The feds have tried to shut it down repeatedly, but have never succeeded. The FCC announced the fine in a press release (PDF) last week. "The Commission proposed the maximum penalty allowable, $2,316,034, against brothers Cesar Ayora and Luis Angel Ayora for pirate radio broadcasting in Queens, New York," the release said. The FCC also said it was trying to seize $80,000 in equipment from a man broadcasting pirate radio in Eastern Oregon.
The FCC closely polices radio spectrums around the country, and provides licenses to companies who apply for specific frequencies. On the one hand, this makes sense, because use of radio frequencies are limited by physics and, without licenses, radio would be a free-for-all. Currently, the FCC is not providing any new FM or AM radio frequencies, according to its website. At the same time, pirate radio has a long history of providing access to the airwaves for independent broadcasters. In this case, the targets of the fine are a pair of brothers who were providing a vital community resource. In court documents about the fine, the FCC detailed its history with the Ayoras and Impacto 2. [...]
According to the FCC, the Ayoras have admitted to operating the radio station several times during interviews. The feds even went to the trouble of totaling every day it could prove the pair had run the radio station and detailed what it would like to charge them for it. "Based on the severity of the facts underlying these factors, we propose the maximum penalty of $115,80265 for each day of the 184 days during which the Ayoras operated their pirate radio station in 2022 for a total penalty of $21,307,568," the FCC's court documents said. That is, however, not possible under the new PIRATE Act. "We reduce the proposed penalty from $21,307,568 to $2,316,034 based on the statutory limits imposed by section 511(a) of the Act," it said in court documents.
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Respected hands-on outlet tossed under the layoff bus
Photography community website DPReview will shut down on April 10, 2023, in conjunction with layoffs announced by parent company Amazon.com in January.…
Duolingo, a language learning app with over 500 million users, is working on a music app, TechCrunch has learned. From the report: The Pittsburgh-based tech company currently has a small team working on a music product and is hiring a learning scientist who is an "expert in music education who combines both theoretical knowledge of relevant learning science research and hands-on teaching experience," according to a job posting listed on Duolingo's career page. The company also posted a job that was soliciting a freelance music composition and curricular consultant, but the company is no longer accepting applications for that position. The job listing suggests that the app will teach basic concepts in music theory using popular songs and teachers.
It's unclear how Duolingo's music app will materialize over the next few months -- for example, we don't know whether the app will help people read music, write music, learn instruments, or all of the above -- or if it's just a tiny experiment within an organization known to love a test or 10.
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Maybe this is deserved given the problem's in a hidden telnet service
Public proof-of-concept exploits have landed for bugs in Netgear Orbi routers – including one critical command execution vulnerability. …
mspohr shares an excerpt from a New York Times article: When ChatGPT exploded in popularity as a tool using artificial intelligence to draft complex texts, David Rozado decided to test its potential for bias. A data scientist in New Zealand, he subjected the chatbot to a series of quizzes, searching for signs of political orientation. The results, published in a recent paper, were remarkably consistent across more than a dozen tests: "liberal," "progressive," "Democratic." So he tinkered with his own version, training it to answer questions with a decidedly conservative bent. He called his experiment RightWingGPT. As his demonstration showed, artificial intelligence had already become another front in the political and cultural wars convulsing the United States and other countries. Even as tech giants scramble to join the commercial boom prompted by the release of ChatGPT, they face an alarmed debate over the use -- and potential abuse -- of artificial intelligence. [...]
When creating RightWingGPT, Mr. Rozado, an associate professor at the Te Pukenga-New Zealand Institute of Skills and Technology, made his own influence on the model more overt. He used a process called fine-tuning, in which programmers take a model that was already trained and tweak it to create different outputs, almost like layering a personality on top of the language model. Mr. Rozado took reams of right-leaning responses to political questions and asked the model to tailor its responses to match. Fine-tuning is normally used to modify a large model so it can handle more specialized tasks, like training a general language model on the complexities of legal jargon so it can draft court filings. Since the process requires relatively little data -- Mr. Rozado used only about 5,000 data points to turn an existing language model into RightWingGPT -- independent programmers can use the technique as a fast-track method for creating chatbots aligned with their political objectives. This also allowed Mr. Rozado to bypass the steep investment of creating a chatbot from scratch. Instead, it cost him only about $300.
Mr. Rozado warned that customized A.I. chatbots could create "information bubbles on steroids" because people might come to trust them as the "ultimate sources of truth" -- especially when they were reinforcing someone's political point of view. His model echoed political and social conservative talking points with considerable candor. It will, for instance, speak glowingly about free market capitalism or downplay the consequences from climate change. It also, at times, provided incorrect or misleading statements. When prodded for its opinions on sensitive topics or right-wing conspiracy theories, it shared misinformation aligned with right-wing thinking. When asked about race, gender or other sensitive topics, ChatGPT tends to tread carefully, but it will acknowledge that systemic racism and bias are an intractable part of modern life. RightWingGPT appeared much less willing to do so. "Mr. Rozado never released RightWingGPT publicly, although he allowed The New York Times to test it," adds the report. "He said the experiment was focused on raising alarm bells about potential bias in A.I. systems and demonstrating how political groups and companies could easily shape A.I. to benefit their own agendas."
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Now that's a flash bang
Police in Ecuador are investigating attacks on media organizations across the country after a journalist was injured by an exploding USB flash drive.…
An anonymous reader quotes a report from Ars Technica: As reported by the Agence France-Presse (via CBS News) on Tuesday, five Ecuadorian journalists have received USB drives in the mail from Quinsaloma. Each of the USB sticks was meant to explode when activated. Upon receiving the drive, Lenin Artieda of the Ecuavisa TV station in Guayaquil inserted it into his computer, at which point it exploded. According to a police official who spoke with AFP, the journalist suffered mild hand and face injuries, and no one else was harmed.
According to police official Xavier Chango, the flash drive that went off had a 5-volt explosive charge and is thought to have used RDX. Also known as T4, according to the Environmental Protection Agency (PDF), militaries, including the US's, use RDX, which "can be used alone as a base charge for detonators or mixed with other explosives, such as TNT." Chango said it comes in capsules measuring about 1 cm, but only half of it was activated in the drive that Artieda plugged in, which likely saved him some harm. On Monday, Fundamedios, an Ecuadorian nonprofit focused on media rights, put out a statement on the incidents, which saw letters accompanied by USB-stick bombs sent to two more journalists in Guayaquil and two journalists in Ecuador's capital.
Fundamedios said Alvaro Rosero, who works at the EXA FM radio station, also received an envelope with a flash drive on March 15. He gave it to a producer, who used a cable with an adapter to connect it to a computer. The radio station got lucky, though, as the flash drive didn't explode. Police determined that the drive featured explosives but believe it didn't explode because the adapter the producer used didn't have enough juice to activate it, Fundamedios said. Yet another reporter attempted to access the drive's unknown content. Milton Perez at Teleamazonas' Quito offices might have set off the USB stick's explosives if he had plugged it into the computer properly, according to Fundamedios. Police intercepted a fourth drive sent to Carlos Vera in Guayaquil and performed a "controlled detonation" on one sent to Mauricio Ayora at TC Television, also in Guayaquil, BBC reported. It's unclear what the motive is behind the exploding drives. Ecuador Interior Minister Juana Zapata confirmed that all five cases used the same type of USB device and said the incidents send "an absolutely clear message to silence journalists," per AFP.
In a statement cited by BBC, the Ecuadorian government said, "Any attempt to intimidate journalism and freedom of expression is a loathsome action that should be punished with all the rigor of justice."
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A new proposal targeting hidden fees charged by cable and satellite companies could force TV providers to clearly list their "all-in" prices. From a report The proposal announced today by Federal Communications Commission Chairwoman Jessica Rosenworcel would require cable and direct-broadcast satellite providers to "state the total cost of video programming service clearly and prominently, including broadcast retransmission consent, regional sports programming, and other programming-related fees, as a prominent single line item on subscribers' bills and in promotional materials." TV providers generally advertise a low rate that doesn't include charges such as the "Broadcast TV" and "Regional Sports Network" fees. Cable and satellite companies say these fees cover the amounts they have to pay for programming. But paying for programming is part of the cost of doing businessâ"there would be no TV channel lineup without channels, after all. By treating programming costs as separate fees, TV providers advertise rates that aren't even close to what customers actually have to pay. Comcast, for example, adds nearly $40 to monthly TV bills in the form of Broadcast TV and Regional Sports Network fees.
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Remember when Pebble founder Eric Migicovsky released an impassioned plea for someone, anyone, to make a small Android phone that would compete with the iPhone Mini? He's taking matters into his own hands. From a report: Now that Apple has stopped making new small phones, Migicovsky's Small Android Phone petition has evolved into a "community-based project" -- where that community includes a team working to design and produce the phone that Migicovsky wants. The petition got 38,700 signatures, and "almost all of that came from literally one article from The Verge," one team member revealed in a design call. The Small Android Phone team -- it's not a company, yet -- has been doing a lot of planning right under our noses. In a small Discord, they've quietly revealed their efforts to source a display, choose a chip, and design the body of the phone. They've even discussed how they might pay for it all. Diehard small phone enthusiasts are invited to give feedback at every step of the process as the team attempts to bend the phone market to their will.
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Alerts telling folks their 'device may be vulnerable' triggered by KB5007651
A recent security update to Windows 11 has put the scare on some users by warning that Microsoft's Local Security Authority (LSA) feature is turned off and their system is vulnerable to attack.…
FTC bans 'deceptive or unfair conduct' by ad firms - good luck with that
America's Federal Trade Commission warned Wednesday it may sue companies for building generative AI tools that are used to scam folks, even if the software was not designed with that fraud in mind. …
How much energy does it take to play Xbox? Microsoft is helping developers find out. At the 2023 Game Developers Conference in San Francisco, the company announced a new toolkit for developers to measure real-time energy consumption from Xbox games. From a report: The toolkit, which Redmond, Washington-based Microsoft calls the first of its kind in the industry, will allow developers using the Xbox platform to monitor real-time energy use of the games they create -- "down to the nearest millisecond," the company noted in a press release. It will also help Microsoft establish a baseline for Xbox games, which could then serve as a benchmark for developers. The company hopes game-makers will also leverage the toolkit to experiment with approaches that reduce energy consumption. Some 60 years after the debut of the world's first video game, the industry has grown into a $214 billion global juggernaut. With that growth comes an increased environmental impact -- but one that can be difficult to quantify with precision, particularly as it varies widely by console, game and system setup.
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The U.S. Securities and Exchange Commission sued Justin Sun Wednesday on allegations of selling and airdropping unregistered securities, fraud and market manipulation. From a report: The SEC said in a press release it was suing Sun, the Tron Foundation, the BitTorrent Foundation and BitTorrent (now known as Rainberry) over the sale of tronix (TRX) and BitTorrent (BTT) tokens, which it described as unregistered crypto asset securities. The regulator further alleged that the defendants "fraudulently manipulat[ed]" TRX's secondary market through an "extensive wash trading" scheme.
The agency is also suing Lindsay Lohan, Jake Paul, Soulja Boy, Lil Yachty, Ne-Yo, Akon and Michele Mason on illegal touting charges for their roles allegedly promoting TRX and BTT without disclosing they were paid to do so. The majority of these celebrities settled the charges.
Sun, who was named Grenada's ambassador to the World Trade Organization (WTO) last year, tried to artificially inflate TRX's trading volume through the wash trading scheme, the SEC alleged, by having his own employees "engage in more than 600,000 wash trades of TRX between two crypto asset trading platform accounts he controlled." Somewhere between 4.5 million and 7.4 million TRX was traded daily through these wash trades, the agency said.
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Job listings site Indeed.com told employees on Wednesday that it's laying off 2,200 people, representing 15% of its headcount. From a report: Indeed CEO Chris Hyams broke the news to employees in an all-hands meeting on Wednesday morning, saying that the cuts would affect teams across the company and attributing the decision to broader economic pressures, a person who attended the meeting said. Employees whose jobs were cut were notified via email following the meeting, the person added.
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Database shortcuts built in popular environment in hopes of scoring devs who want an easy life
Distributed NoSQL database Aerospike has boosted functionality and engineering support for its real-time database within the popular Java development environment Spring Framework.…
An ongoing internet disruption on one of Taiwan's islands is accelerating the self-governed territory's plans to launch an independent satellite network like SpaceX's Starlink, which would help ensure it remains connected in a potential Chinese invasion. From a report: Taiwan's National Communication Commission blamed Chinese vessels last month for cutting two undersea cables providing high-speed internet to Matsu, a Taiwanese island located only a few nautical miles off the coast of China's Fujian province. The cables have yet to be repaired; Matsu residents are currently relying on a microwave backup system and other fixes, such as using SIM cards from China. [...] Taiwan's Digital Minister Audrey Tang said last week that the territory would prioritize testing its satellite internet capabilities in outlying islands such as Matsu. She first announced in September that Taiwan was aiming to build a satellite system similar to the Starlink network run by Elon Musk's SpaceX, which has become instrumental to Ukraine in its war against Russia.
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JWST? Whatever, I found ET in my dustpan
If we want to find evidence for alien life we don't need to keep looking for chemicals in exoplanet atmospheres or distant radio signals, says a Japanese astronomer. Instead, we should be studying the thousands of micrometer-sized bits of interstellar dust that hit Earth every year.…
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