Category: Tech

Gary Gensler Reports SEC X Account ‘Compromised’ — No Spot Bitcoin ETF Approval Yet

The United States Securities and Exchange Commission (SEC) has confirmed it has not yet approved the listing and trading of spot Bitcoin exchange-traded products, and that a previous post suggesting so, was false.

On Jan. 9, multiple news outlets published an inaccurate story after the official X (formerly Twitter) account of the SEC posted a tweet claiming that the regulator had approved spot Bitcoin exchange-traded funds for the first time.

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Ex-Facebook Diversity Manager Pleads Guilty To Bilking $4M From Company In Kickback Scheme: Feds

A former Facebook diversity program manager pleaded guilty to scamming the social media giant out of more than $4 million through a scheme in which she faked business deals in exchange for kickbacks, the Justice Department said.

Barbara Furlow-Smiles, who served as lead strategist and global head of employee resource groups and diversity engagement at Facebook, used the stolen funds to live an extravagant lifestyle that spanned from California to Georgia, prosecutors said.

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This Month In Fake News- Wins And Losses For Free Speech

Rise and grind! It’s the first of the month! I review articles from October 2023 and chronicle the ongoing collapse of Corporate Media. They’re striking back ruthlessly by way of Big Tech and government collusion, but Independent Media is winning the chess game. The battle between Freedom of Speech and Fake News hinges on economics and trust.

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Why Unity Felt The Need To “Rush Out” Its Controversial Install-Fee Program

It’s been over a month now since Unity partially backtracked on its controversial proposed “pay per install” fee structure, a trust-destroying saga that seems to have contributed to the retirement of Unity CEO John Riccitiello. Now, a new report highlights some of the internal divisions over the “rushed-out” policy introduction and provides new insight into what may have been motivating the company to even attempt such a plan.

While much of the industry furor was focused on the business impact Unity would have on mid-sized indie game publishers, MobileGamer’s reporting suggests Unity’s moves were actually more focused on extracting a larger share of the lucrative mobile ad mediation market. Unity made a massive investment in that market about a year ago when it acquired IronSource, one of many major tools that mobile game devs use to maximize revenue by managing inventory from multiple ad networks at once.

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Twitter Artists Are Migrating To Japanese Open-Source Platform Misskey

Following the recent changes to Twitter, Japanese artists have decided to create Misskey accounts as backups, with some already abandoning Twitter for good.

Misskey is a Japanese open-source platform, that seems to have the same approach as Pixiv to its content and things published to the platform.

Misskey seems to already have a thriving Japanese community, and has decentralized Twitter-like feeds, ranging from art to news and group chats. The default feed is Misskey.io, which serves as a sort of general channel for the social media.

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THREADS UNRAVELING: Traffic On Zuckerberg’s Twitter Alternative PLUMMETS In Second Week

Within 48 hours of launching on July 5, Mark Zuckerberg’s Threads managed to bring in 100 million users, making it the fastest growing application in history. The initial fanfare was short-lived, however, and Meta’s “Twitter alternative” has been on a downward spiral ever since.

Data collected by Similarweb has revealed that traffic on Threads has decreased by more than 50 percent in its second week of operation, though only the numbers only reflect Android users. Apple is scheduled to provide figures for iPhone users in the coming weeks.

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What Did Zuck Expect?: Facebook’s Tool To Create AI Chatbots Is Being Used To Build Sexbots

Mark Zuckerberg’s Facebook (now known as Meta) has created open-source artificial intelligence technology that is sparking a debate about its potential for innovation and the risks that come with it due to misuse after users have begun creating AI sexbots to chat with.

By providing a means of avoiding corporate control and enabling a wide range of people to experiment freely with transformative technology, the emergence of open-source AI has opened up a new frontier in the tech world. Open-source AI’s shadowy side has led some to express concern because of the possibility of malicious actors taking advantage of this freedom. While Zuckerberg might imagine the greatest minds in the arts and sciences developing their own AI chatbots, the tech is just as likely to be used by perverts and predators. Unsurprisingly, AI sexbots have quickly sprung up after the Facebook technology launched.

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I'm Nate Houstman

I'm a blogger, podcaster, and web design and business consultant. Economic freedom is my mission, so I talk about money, entrepreneurship, and I expose the corruption in the financial system.

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