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An anonymous reader quotes a report from CBS News: A pair of e-commerce entrepreneurs who bought a number of well-known retail brands -- including RadioShack, Modell's Sporting Goods and Pier 1 Imports -- out of bankruptcy are accused of running a Ponzi scheme. The Securities and Exchange Commission on Monday accused Alex Mehr and Tai Lopez, founders of the Miami-based Retail Ecommerce Ventures (REV), of defrauding investors out of approximately $112 million. Through their holding company, Mehr and Lopez acquired distressed brick-and-mortar companies in order to turn them into successful, online-only brands. Dress Barn and Linens 'n Things were also among their acquisitions. [...] The SEC's suit alleges that between 2020 and 2022, Mehr and Lopez, "made material misrepresentations" to hundreds of investors about the bankrupt retailers they had acquired. For example, to entice individuals to invest in their acquisitions, they said their portfolio companies were "on fire" and that "cash flow is strong." They also told prospective backers that money raised for a company would only be invested in that specific firm. That proved not to be the case, according to the SEC's lawsuit, which was filed Monday in the U.S. District Court for the Southern District of Florida. "Contrary to these representations, while some of the REV Retailer Brands generated revenue, none generated any profits," the suit states. "Consequently, in order to pay interest, dividends and maturing note payments, Defendants resorted to using a combination of loans from outside lenders, merchant cash advances, money raised from new and existing investors, and transfers from other portfolio companies to cover obligations." The SEC alleges that at least $5.9 million of returns paid to investors were actually Ponzi-like payments funded by other investors, as opposed to companies' profits. Additionally, the federal regulatory agency claims that Mehr and Lopez allocated $16 million worth of investments for their own use, according to the filing.

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The federal government's not the only thing shutting down on Oct. 1

The US Cybersecurity and Infrastructure Security Agency (CISA) on Tuesday will cut its ties to - and funding for -  the Center for Internet Security, a nonprofit that provides free and low-cost cybersecurity services to state and local governments.…

Don't tell Elon, he'd have Tesla's Robotaxis going ludicrous speed

Police in a Silicon Valley suburb were flummoxed last weekend after pulling over a self-driving Waymo robo-taxi for making an illegal turn, then finding no driver they could issue with a ticket.…

The FCC mistakenly published a 163-page PDF containing detailed schematics for Apple's upcoming iPhone 16e, despite Apple explicitly requesting indefinite confidentiality to protect trade secrets. AppleInsider reports: A cover letter is also distributed alongside the schematics, addressed to the FCC and dated September 16, 2024. The letter from Apple is a request for the confidential treatment of documents that are filed with the FCC. [...] The letter from Apple requests a series of documents are withheld from public viewing "indefinitely." The justification is that they contain "confidential and proprietary trade secrets" that are not disclosed to the public post-release, due to giving competitors an "unfair advantage." The list of documents, Apple states, includes: Block Diagrams, Electrical Schematic Diagrams, Technical Descriptions, Product Specifications, Antenna Locations, Tune-Up Procedure, and Software Security Description. Other documents, such as external and internal photographs, shots of the test setup, and the user manual, are deemed to be less damaging and have "short-term confidentiality" requirements. In those cases, Apple asks for short-term confidentiality for 180 days after the equipment authorization is granted by the FCC.

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Privacy group Noyb wants Lithuania to throw the GDPR book at 'em

Whitebridge AI, based in Lithuania, faces a privacy complaint for allegedly selling "reputation reports" based on unlawfully collected data and AI misinformation.…

The Taliban have imposed a nationwide telecommunications shutdown in Afghanistan, severing fibre-optic connections and cutting off internet, mobile, and satellite services as part of "morality" measures. Netblock is currently tracking the outages. The BBC reports: Since seizing power in 2021, the Taliban have imposed numerous restrictions in accordance with their interpretation of Islamic Sharia law. Flights from Kabul airport have also been disrupted, according to reports. Several people in Kabul have told the BBC that their fibre-optic internet stopped working towards the end of the working day, around17:00 local time (12:30 GMT). Because of this, it is understood many people will not notice the impact until Tuesday morning, when banking services and other businesses are due to resume. [...] The Taliban earlier said an alternative route for internet access would be created, without giving any details. Business leaders at the time warned that if the internet ban continued their activities would be seriously hit. Hamid Haidari, former editor-in-chief of Afghan news channel 1TV, said after the shutdown that "loneliness enveloped the entire country." "Afghanistan has now officially taken first place in the competition with North Korea for [internet] disconnection" he said on X.

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An anonymous reader quotes a report from Politico: California Gov. Gavin Newsom signed a first-in-the-nation law on Monday that will force major AI companies to reveal their safety protocols -- marking the end of a lobbying battle with big tech companies like ChatGPT maker OpenAI and Meta and setting the groundwork for a potential national standard. The proposal was the second attempt by the author, ambitious San Francisco Democrat state Sen. Scott Wiener, to pass such legislation after Newsom vetoed a broader measure last year that set off an international debate. It is already being watched in Congress and other states as an example to follow as lawmakers seek to rein in an emerging technology that has been embraced by the Trump administration in the race against China, but which has also prompted concerns for its potential to create harms.

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F-Droid has warned that Google's upcoming developer verification program will kill the free and open source app repository. Google announced plans several weeks ago to force all Android app developers to register their apps and identity with the company. Apps not validated by Google will not be installable on certified Android devices. F-Droid says it cannot require developers to register with Google or take over app identifiers to register for them. The site operators say doing so would effectively take over distribution rights from app authors. Google plans to begin testing the verification scheme in the coming weeks and may charge registration fees. Unverified apps will start being blocked next year in Brazil, Indonesia, Singapore, and Thailand before expanding globally in 2027. F-Droid is calling on US and EU regulators to intervene.

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And they may not be seeking proper consent

ai-pocalypse Profound is a startup that promises to help companies understand how they appear in AI responses to customer queries. But one expert in the field thinks the AI analytics startup has been sucking up information on users' AI conversations without proper consent.…

An anonymous reader shares a report: OpenAI is planning to release a new version of its Sora video generator that creates videos featuring copyrighted material unless copyright holders opt out of having their work appear, according to people familiar with the matter. OpenAI began alerting talent agencies and studios about the forthcoming product and its opt-out process over the last week and plans to release the new version in the coming days, the people said. The new opt-out process means that movie studios and other intellectual property owners would have to explicitly ask OpenAI not to include their copyrighted material in videos Sora creates. While copyrighted characters will require an opt-out, the new product won't generate images of recognizable public figures without their permission, people familiar with OpenAI's thinking said.

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MCP plus open source plus typosquatting equals trouble

A fake npm package posing as Postmark's MCP (Model Context Protocol) server silently stole potentially thousands of emails a day by adding a single line of code that secretly copied outgoing messages to an attacker-controlled address.…

No personal info gulped as yet, but don't call for help

Japan's largest brewery biz, Asahi, has shut down distribution systems following an online attack, and local drinkers will just have to make do with stocks as they stand.…

The UK government will underwrite a $2 billion loan guarantee to Jaguar Land Rover in a bid to support its suppliers as a cyber-attack continues to halt production at the car maker. BBC: Business Secretary Peter Kyle said the loan, from a commercial bank, would protect jobs in the West Midlands, Merseyside and across the UK. The manufacturer has been forced to suspend production for weeks after being targeted by hackers at the end of August. There have been growing concerns some suppliers, mostly small businesses, could go bust due to the prolonged shutdown. About 30,000 people are directly employed at the company's UK plants with about 100,000 working for firms in the supply chain. Some of these firms supply parts exclusively to JLR, while others sell components to other carmakers as well. It is believed to be the first time that a company has received government help as a result of a cyber-attack.

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Jet maker only gets to issue certs every other week, though, freeing up FAA inspectors to do more poking around

After years of relying on the FAA to certify its jets as airworthy, Boeing is finally going to be allowed to do so itself – sometimes. …

Adds more Anthropic into the mix as Redmond hedges its bets

Microsoft is jumping on the vibe coding bandwagon with "vibe working," its name for adding AI agents to the online Office suite to help you complete your work.…

An anonymous reader shares a report: In a preprint titled "Can LIGO Detect Daylight Savings Time?," Reed Essick, former LIGO member and now a physicist at the University of Toronto, gives a simple answer to the paper's title: "Yes, it can." The paper, which has yet to be peer-reviewed, was recently uploaded to arXiv. That might seem like an odd connection. It's true that observational astronomy must contend with noise from light pollution, satellites, and communication signals. But these are tangible sources of noise that scientists can sink their teeth into, whereas daylight savings time is considerably more nebulous and abstract as a potential problem. To be clear, and as the paper points out, daylight savings time does not influence actual signals from merging black holes billions of light-years away -- which, as far as we know, don't operate on daylight savings time. The "detection" here refers to the "non-trivial" changes in human activity having to do with the researchers involved in this kind of work, among other work- and process-related factors tied to the sudden shift in time. The presence of individuals -- whether through operational workflows or even their physical activity at the observatories -- has a measurable impact on the data collected by LIGO and its sister institutions, Virgo in Italy and KAGRA in Japan, the new paper argues. To see why this might be the case, consider again the definition of gravitational waves: ripples in space-time. A very broad interpretation of this definition implies that any object in space-time affected by gravity can cause ripples, like a researcher opening a door or the rumble of a car moving across the LIGO parking lot. Of course, these ripples are so tiny and insignificant that LIGO doesn't register them as gravitational waves. But continued exposure to various seismic and human vibrations does have some effect on the detector -- which, again, engineers and physicists have attempted to account for. What they forgot to consider, however, were the irregular shifts in daily activity as researchers moved back and forth from daylight savings time. The bi-annual time adjustment shifted LIGO's expected sensitivity pattern by roughly 75 minutes, the paper noted. Weekends, and even the time of day, also influenced the integrity of the collected data, but these factors had been raised by the community in the past.

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The European way of life is being jeopardized by environmental degradation, a report has found, with EU officials warning against weakening green rules. The Guardian: The continent has made "important progress" in cutting planet-heating pollution, according to the European Environment Agency, but the death of wildlife and breakdown of the climate are ruining ecosystems that underpin the economy. The seventh edition of the report, which has been published every five years since 1995, found: 1. More than 80% of protected habitats are in a poor or bad state, with "unsustainable" consumption and production patterns driving loss of wildlife. 2. The EU's "carbon sink" has declined by about 30% in a decade as logging, wildfires and pests damage forests. 3. Emissions from transport and food have barely budged since 2005, despite progress in other sectors. 4. Member states have failed to adapt to extreme weather as fast as risk levels have risen. 5. Water stress already affects one in three Europeans and will worsen as the climate changes.

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A review of 62 scientific studies published in Osteoporosis International found that microplastics weaken bones by disrupting bone marrow stem cells and stimulating osteoclasts, cells that degrade bone tissue. Laboratory experiments found the particles reduce cell viability, induce premature cellular aging, modify gene expression, and trigger inflammatory responses. Animal studies found microplastic accumulation decreases white blood cell counts and deteriorates bone microstructure, creating irregular cell structures that increase fracture risk. Rodrigo Bueno de Oliveira from the State University of Campinas in Brazil said the effects interrupted skeletal growth in test animals.

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Bubble, you say? OpenAI will borrow billions to pay Big Red, who will borrow billions on the hope OpenAI pays it

As part of its $300 billion cloud compute contract with OpenAI, Oracle may need to borrow roughly $100 billion over the next four years to build the datacenters required, according to KeyBanc's projections.…

Good luck with that!

OpenAI says it is introducing parental controls to ChatGPT that will help improve the safety of teenagers using its AI chatbot. The only catch? Teens will have to allow their parents to connect to their accounts before the controls can take effect.…