Crypto heist couple Ilya Lichtenstein and Heather Morgan — who were charged with laundering $4.5 billion in hacked Bitcoin in 2016 — are reportedly preparing to plead guilty ahead of their next scheduled court appearance on Aug. 3. The so-called “Bitcoin Bonnie & Clyde” have been newly charged in the case with a document known as an information, which lays …
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Meta, Google, OpenAI commit to White House pact on responsible AI development
Meta and Google are among a group of seven Big Tech firms that have pledged to responsibly develop artificial intelligence amid mounting scrutiny of its potential risks to society. The companies — Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI – unveiled a set of voluntary commitments at a meeting with President Biden on Friday. The pledges surfaced as the …
Read More »Leaked Google pay data reveals fat salaries for top engineers
An internal Google spreadsheet containing salary data for over 12,000 US-based employees in 2022 was leaked to Insider, and it shows that the tech giant’s highest earners are software engineers, raking in base salaries of $718,000. Google determines its staffers’ base salaries using a tier-based system with levels two through 11. The spreadsheet released to Insider — which only contained …
Read More »Caroline Ellison whined SBF breakups made work at Alameda ‘painful’ in private writings: report
Disgraced FTX founder Sam Bankman-Fried’s on-again, off-again polyamorous gal pal Caroline Ellison worried about “causing drama” over their multiple breakups, the former Alameda Research CEO reportedly confessed in private writings. Ellison, who is set to be a key witness when Bankman-Fried faces trial this fall for allegedly bilking FTX customers out of billions of dollars, detailed her unhappiness and discomfort …
Read More »I’m a brand expert, here’s why Google, Facebook, and Twitter have blue logos
Have you ever wondered why certain colors are synonymous with specific brand logos and why we instantly recognize the bluebird? No? Hmm… Well, maybe you’ve noticed that some of the most recognizable logos in the world are all blue. Think Facebook, LinkedIn, Skype, and Telegram… to name a few. *Nods slowly as you realize just how many damn logos are in fact, blue* A …
Read More »FTC withdraws case against Microsoft-Activision deal before in-house judge
The Federal Trade Commission official on Thursday withdrew the agency’s case before an in-house judge that sought to block Microsoft’s $75 billion acquisition of game-maker Activision. The agency has been pursuing a two-pronged attack against the proposed transaction. One was in district court, which refused last week to slap a preliminary injunction on the proposed transaction. An appeals court also turned down …
Read More »Linda Yaccarino will mute hate speech on Twitter to win back advertisers
Twitter CEO Linda Yaccarino is preparing to unveil new safety features in the coming weeks to address advertiser’s concerns about hate speech, On The Money has learned – but her boss Elon Musk hasn’t been making things easy. The new features – Yaccarino’s key focus since her surprise move to Twitter from NBCUniversal last month, according to sources – will …
Read More »Retro ‘a good long shot’ bet to avoid fate of doomed social media apps
Your chances of creating a new, blockbuster social-media app may be slim, but the chances that your idea – whatever it might be – will raise cash from venture capital investors aren’t necessarily bad. Retro – a new app that’s focuses on connecting users with their family and closest friends – has bagged an investment from Josh Kushner’s Thrive Capital …
Read More »Threads users halved in wake of launch
Threads may not be the “Twitter killer” app Meta CEO Mark Zuckerberg hoped it would be. The Instagram-linked Threads has seen users flee in droves since it became the toast of the social media world at the beginning of the month, according to analytics company Similarweb, The most recent data shows Threads ‘ daily active users plummeted to 23.6 million …
Read More »Apple could face iPhone shortages this fall due to manufacturing issues: report
The latest versions of Apple’s iPhone Pro and Pro Max models could be in short supply this fall as the tech giant contends with manufacturing woes, according to a report Thursday. Apple and its suppliers have reportedly faced issues with implementing a “new manufacturing process” that will allow it’s upcoming iPhone 15 Pro and Pro Max to have a larger …
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