Long-time Slashdot reader theodp writes: Y Combinator founder Paul Graham last week took to Twitter to lament those who use AI or other excuses for not learning to code. "A generation ago some people were saying there was no point in learning to program because all the programming jobs would be outsourced to India," Graham wrote. "Now they're saying you don't need to because AI will do it all. If you don't want to learn to program, you can always find a reason."

BloomTech Coding Bootcamp CEO Austen Allred this week doubled-down on Graham's tweet, offering his own history of excuses people have made for not learning to code... Allred's tweet reads:

"Don't learn to code. Soon GUIs will do it all for you." — 1985

"Don't learn to code. Soon that will all be done offshore for pennies." — 2003

"Don't learn to code. Soon nocode tools will do it all for you." — 2015

"Don't learn to code. Soon AI will do it all for you." — 2023

Among the many retweeting Allred's cautionary message was Code.org, the tech-backed nonprofit that aims to make computer science a high school graduation requirement by 2030, whose CEO also replied to Graham with a reassuring tweet suggesting people's days of being able to avoid learning to code will soon be over. "Now that 27 states require that every school must teach computer science, and 7 states require a CS course to graduate high school," explained Code.org CEO Hadi Partovi, "the argument is basically behind us. Computer science won."
On a related note, this month in Communications of the ACM, a CS professor shared their own contrary opinion about the possibility of a professional programmer using AI assistants to do a better job.

"It doesn't work." I would love to have an assistant who keeps me in check, alerting me to pitfalls and correcting me when I err. A effective pair-programmer. But that is not what I get. Instead, I have the equivalent of a cocky graduate student, smart and widely read, also polite and quick to apologize, but thoroughly, invariably, sloppy and unreliable. I have little use for such supposed help...

Fascinating as they are, AI assistants are not works of logic; they are works of words. Large language models: smooth talkers (like the ones who got all the dates in high school). They have become incredibly good at producing text that looks right. For many applications that is enough. Not for programming.

Reddit "appears to be laying the groundwork for ejecting forum moderators committed to continuing the protests," CNN reported Friday afternoon, "a move that could force open some communities that currently remain closed to the public.

"In response, some moderators have vowed to put pressure on Reddit's advertisers and investors." As of Friday morning, nearly 5,000 subreddits were still set to private and inaccessible to the public, reflecting a modest decrease from earlier in the week but still including groups such as r/funny, which claims more than 40 million subscribers, and r/aww and r/music, each with more than 30 million members. But Reddit has portrayed the blacked-out communities as a small slice of its wider platform. Some 100,000 forums remain open, the company said in a blog post, including 80% of its 5,000 most actively engaged subreddits...

Reddit CEO and co-founder Steve Huffman told NBC News the company will soon allow forum users to overrule moderators by voting them out of their positions, a change that may enable communities that do not wish to remain private to reopen. In addition, one company administrator said Thursday, Reddit may soon view communities that remain private as an indicator that the moderators of those communities no longer wish to moderate. That would constitute a form of inactivity for which the moderators can be removed, the company said. "If a moderator team unanimously decides to stop moderating, we will invite new, active moderators to keep these spaces open and accessible to users," the administrator said, adding that Reddit may intervene even if most moderators on a team wish to remain closed and only a single moderator wants to reopen...

Omar, a moderator of a subreddit participating in this week's blackout, told CNN Friday that many subreddits have participated in the blackouts based on member polls that indicate strong support for the protests... Content moderation on Reddit stands to worsen if the company continues with its plan, Omar said, warning that the coming changes will deter developers from creating and maintaining tools that Reddit communities rely on to detect and eliminate spam, hate speech or even child sexual abuse material. "That's both harmful for users and advertisers," Omar said, adding that supporters of the protests have been contacting advertisers to explain how the platform's coming changes may hurt brands. Already, Omar said, the blackout has made it harder for companies to target ads to interest groups; video game companies, for example, can no longer target ads to gaming-focused subreddits that have taken themselves private...

Huffman has also said that the protests have had little impact on the company financially.
NBC News adds: In an interview Thursday with NBC News, Reddit CEO Steve Huffman praised Musk's aggressive cost-cutting and layoffs at Twitter, and said he had chatted "a handful of times" with Musk on the subject of running an internet platform. Huffman said he saw Musk's handling of Twitter, which he purchased last year, as an example for Reddit to follow.

The new Mac Studio started shipping to customers this week, giving product reviewers a chance to test Apple's "most capable chip ever." According to new benchmarks by YouTuber Luke Miani, the M2 Ultra features nearly double the GPU performance of last year's M1 Ultra, with notable performance improvements in other areas. 9to5Mac reports: While the M1 Max and M1 Ultra are blazing fast, the difference between the two wasn't as notable as some expected. In many tasks, the much cheaper M1 Max wasn't too far off from the top-end M1 Ultra variant, especially in video editing, photo editing, and 3D rendering. Despite the M1 Ultra literally being 2 M1 Max's fused, the performance was never doubled. For the M2 series, Apple has made some significant changes under the hood, especially in GPU scaling. In Luke's testing, he found that in some GPU heavy applications, like Blender 3D and 3DMark, the M2 Ultra was sometimes precisely twice the performance of M2 Max -- perfect GPU scaling! In Final Cut Pro exports, it nearly doubled again. He also found that the M2 Ultra doubled the GPU performance of the M1 Ultra in these same benchmarks -- a genuinely remarkable year-over-year upgrade.

The reason for the massive performance improvement is that Apple added a memory controller chip to the M2 generation that balances the load between all of M2 Ultra's cores -- M1 Ultra required the ram to be maxed out before using all cores. M1 Ultra was very good at doing many tasks simultaneously but struggled to do one task, such as benchmarking or rendering, faster than the M1 Max. With M2 Ultra, because of this new memory controller, Apple can now achieve the same incredible performance without the memory buffer needing to be maxed out. It's important to note that some applications cannot take advantage of the M2 Ultra fully, and in non-optimized applications, you should not expect double the performance.

Despite this incredible efficiency and performance, the better deal might be the M2 Max. In Luke's testing, the M2 Max performed very similarly or outperformed last year's M1 Ultra. In Blender, Final Cut Pro, 3DMark, and Rise of the Tomb Raider, the M2 Max consistently performed the same or better than the M1 Ultra. Instead of finding an M1 Ultra on eBay, it might be best to save money and get the M2 Max if you're planning on doing tasks that heavily utilize the GPU. While the GPU performance is similar, the M1 Ultra still has the advantage of far more CPU cores, and will outperform the M2 Max in CPU heavy workloads.

Daniel Ellsberg, a military analyst who leaked what came to be known as the Pentagon Papers, died on Friday at the age of 92. The cause was pancreatic cancer. The New York Times reports: The disclosure of the Pentagon Papers -- 7,000 government pages of damning revelations about deceptions by successive presidents who exceeded their authority, bypassed Congress and misled the American people -- plunged a nation that was already wounded and divided by the war deeper into angry controversy. It led to illegal countermeasures by the White House to discredit Mr. Ellsberg, halt leaks of government information and attack perceived political enemies, forming a constellation of crimes known as the Watergate scandal that led to the disgrace and resignation of President Richard M. Nixon. And it set up a First Amendment confrontation between the Nixon administration and The New York Times, whose publication of the papers was denounced by the government as an act of espionage that jeopardized national security. The U.S. Supreme Court upheld the freedom of the press.

Mr. Ellsberg was charged with espionage, conspiracy and other crimes and tried in federal court in Los Angeles. But on the eve of jury deliberations, the judge threw out the case, citing government misconduct, including illegal wiretapping, a break-in at the office of Mr. Ellsberg's former psychiatrist and an offer by President Nixon to appoint the judge himself as director of the Federal Bureau of Investigation. "The demystification and de-sanctification of the president has begun," Mr. Ellsberg said after being released. "It's like the defrocking of the Wizard of Oz." The story of Daniel Ellsberg in many ways mirrored the American experience in Vietnam, which began in the 1950s as a struggle to contain communism in Indochina and ended in 1975 with humiliating defeat in a corrosive war that killed more than 58,000 Americans and millions of Vietnamese, Cambodians and Laotians. [...] Over the years, Ellsberg was mentioned on Slashdot several times. In late 2000, Ellsberg was mentioned in a story about Clinton's veto of what would have been a new law to prevent leaks of classified information.

Ellsberg also expressed his support for WikiLeaks founder Julian Assange in 2010 and called Edward Snowden the "greatest patriot whistleblower of our time."

He was also featured in a Slashdot story for his view on the growing role of internet companies in the public sphere. In 2011, Ellsberg said companies such as Google, Facebook, and Twitter need to take a stand and push back on excessive requests for personal data.

European Union officials have voted in favor of stricter regulations on artificial intelligence, including a ban on AI use in biometric surveillance and a requirement for AI systems like OpenAI's ChatGPT to disclose when content is generated by AI. Ars Technica reports: On Wednesday, European Union officials voted to implement stricter proposed regulations concerning AI, according to Reuters. The updated draft of the "AI Act" law includes a ban on the use of AI in biometric surveillance and requires systems like OpenAI's ChatGPT to reveal when content has been generated by AI. While the draft is still non-binding, it gives a strong indication of how EU regulators are thinking about AI. The new changes to the European Commission's proposed law -- which have not yet been finalized -- intend to shield EU citizens from potential threats linked to machine learning technology.

The new draft of the AI Act includes a provision that would ban companies from scraping biometric data (such as user photos) from social media for facial recognition training purposes. News of firms like Clearview AI using this practice to create facial recognition systems drew severe criticism from privacy advocates in 2020. However, Reuters reports that this rule might be a source of contention with some EU countries who oppose a blanket ban on AI in biometric surveillance. The new EU draft also imposes disclosure and transparency measures on generative AI. Image synthesis services like Midjourney would be required to disclose AI-generated content to help people identify synthesized images. The bill would also require that generative AI companies provide summaries of copyrighted material scraped and utilized in the training of each system. While the publishing industry backs this proposal, according to The New York Times, tech developers argue against its technical feasibility.

Additionally, creators of generative AI systems would be required to implement safeguards to prevent the generation of illegal content, and companies working on "high-risk applications" must assess their potential impact on fundamental rights and the environment. The current draft of the EU law designates AI systems that could influence voters and elections as "high-risk." It also classifies systems used by social media platforms with over 45 million users under the same category, thus encompassing platforms like Meta and Twitter. [...] Experts say that after considerable debate over the new rules among EU member nations, a final version of the AI Act isn't expected until later this year.

In San Francisco's District 8, a public library has turned off its Wi-Fi outside of business hours in response to complaints from neighbors and the city supervisor's office about open drug use and disturbances caused by unhoused individuals. The Verge reports: In San Francisco's District 8, a public library has been shutting down Wi-Fi outside business hours for nearly a year. The measure, quietly implemented in mid-2022, was made at the request of neighbors and the office of city supervisor Rafael Mandelman. It's an attempt to keep city dwellers who are currently unhoused away from the area by locking down access to one of the library's most valuable public services. A local activist known as HDizz revealed details behind the move last month, tweeting public records of a July 2022 email exchange between local residents and the city supervisor's office. In the emails, residents complained about open drug use and sidewalks blocked by residents who are unhoused. One relayed a secondhand story about a library worker who had been followed to her car. And by way of response, they demanded the library limit the hours Wi-Fi was available. "Why are the vagrants and drug addicts so attracted to the library?" one person asked rhetorically. "It's the free 24/7 wi-fi."

San Francisco's libraries have been historically progressive when it comes to providing resources to people who are unhoused, even hiring specialists to offer assistance. But on August 1st, reports San Francisco publication Mission Local, city librarian Michael Lambert met with Mandelman's office to discuss the issue. The next day, District 8's Eureka Valley/Harvey Milk Memorial branch began turning its Wi-Fi off after hours -- a policy that San Francisco Public Library (SFPL) spokesperson Jaime Wong told The Verge via email remains in place today.

In the initial months after the decision, the library apparently received no complaints. But in March, a little over seven months following the change, it got a request to reverse the policy. "I'm worried about my friend," the email reads, "whom I am trying to get into long term residential treatment." San Francisco has shelters, but the requester said their friend had trouble communicating with the staff and has a hard time being around people who used drugs, among other issues. Because this friend has no regular cell service, "free wifi is his only lifeline to me [or] for that matter any services for crisis or whatever else." The resident said some of the neighborhood's residents "do not understand what they do to us poor folks nor the homeless by some of the things they do here." Jennifer Friedenbach of San Francisco's Coalition on Homelessness told The Verge in a phone interview that "folks are not out there on the streets by choice. They're destitute and don't have other options. These kinds of efforts, like turning off the Wi-Fi, just exacerbate homelessness and have the opposite effect. Putting that energy into fighting for housing for unhoused neighbors would be a lot more effective."

Hmmmmmm writes: Fast food giant McDonald's has released a new retro-style game featuring Grimace, the purple milkshake blob. While it's clearly meant to be played in a browser on a phone or computer, it's also a fully working Game Boy Color game that you can download and play on the original hardware. Grimace's Birthday was developed by Krool Toys, a Brooklyn-based independent game studio and "creative engineering team" with a history of creating playable Game Boy games as unique PR for music artists and brands. The game assumes you're playing in an emulator via a browser window -- you can play that version of the game here -- but we also got it running on an Analogue Pocket thanks to a Game Boy Color FPGA core and a downloadable ROM hosted on the Internet Archive.

The game is so period-authentic that there's even a screen telling original monochrome Game Boy owners that the game "requires a color device to play." Even on Game Boy hardware, it still makes references to people "playing on mobile devices." The game involves simple 2D platforming and skateboarding, not unlike some sections of the Game Boy Color Tony Hawk games; Grimace needs to collect milkshakes and do sick stunts as he tries to track down other McDonaldland characters so he can party with them. It's short -- there are only four levels and one bonus round, plus score attack and free-skate modes -- but the pixel art is legitimately great, and the levels that are here are cleverly designed.

An anonymous reader quotes a report from The Verge: Moderators of many Reddit communities are pledging to keep their subreddits private or restricted indefinitely. For the vast majority of subreddits, the blackout to protest Reddit's expensive API pricing changes was expected to last from Monday until Wednesday. But in response to a Tuesday post on the r/ModCoord subreddit, users are chiming in to say that their subreddits will remain dark past that 48-hour window. "Reddit has budged microscopically," u/SpicyThunder335, a moderator for r/ModCoord, wrote in the post. They say that despite an announcement that access to a popular data-archiving tool for moderators would be restored, "our core concerns still aren't satisfied, and these concessions came prior to the blackout start date; Reddit has been silent since it began." SpicyThunder335 also bolded a line from a Monday memo from CEO Steve Huffman obtained by The Verge -- "like all blowups on Reddit, this one will pass as well" -- and said that "more is needed for Reddit to act."

Ahead of the Tuesday post, more than 300 subreddits had committed to staying dark indefinitely, SpicyThunder335 said. The list included some hugely popular subreddits, like r/aww (more than 34 million subscribers), r/music (more than 32 million subscribers), and r/videos (more than 26 million subscribers). Even r/nba committed to an indefinite timeframe at arguably the most important time of the NBA season. But SpicyThunder335 invited moderators to share pledges to keep the protests going, and the commitments are rolling in. SpicyThunder335 notes that not everyone will be able to go dark indefinitely for valid reasons. "For example, r/stopDrinking represents a valuable resource for a communities in need, and the urgency of getting the news of the ongoing war out to r/Ukraine obviously outweighs any of these concerns," SpicyThunder335 wrote. As an alternative, SpicyThunder335 recommended implementing a "weekly gesture of support on 'Touch-Grass-Tuesdays,'" which would be left up to the discretion of individual communities. SpicyThunder335 also acknowledged that some subreddits would need to poll their users to make sure they're on board. As of this writing, more than 8,400 subreddits have gone private or into a restricted mode. The blackouts caused Reddit to briefly crash on Monday.

New York City's food delivery workers will be guaranteed a minimum wage for the first time under new regulations announced by Mayor Eric Adams. Gothamist reports: Tens of thousands of delivery workers are slated to make at least $17.96 per hour plus tips by July 12, and at least $19.96 an hour by 2025, city officials said. That's a sharp increase from what delivery workers make now. Many take home less than the city's minimum wage of $15 an hour. The $19.96 hourly rate is less than the $23.82 the Department of Consumer and Worker Protections originally proposed last November -- but is still almost three times more than what delivery workers currently make, according to the city agency.

Sunday's announcement comes after months of back-and-forth between delivery workers, elected officials and app companies over the minimum wage rates. City officials blew past a Jan. 1 deadline set by City Council legislation to establish the new wage rules. Delivery companies, like Uber and DoorDash, argued that the new legislation will force a raise in prices and less schedule flexibility, while some advocates claim these companies are manipulating employees into testifying against the measure. DoorDash spokesperson Eli Scheinholtz said the company was considering litigation against the city over the new pay rules. "The ones that bring you pizza in the snow, and that Thai food you like in the rain," said Mayor Adams. "This new minimum pay rate will guarantee these workers, and their families, can earn a living. They should not be delivering food to your household, if they can't put food on the plate in their household."

The upcoming Apple TV+ show "Monarch: Legacy of Monsters," based on Legendary's Monsterverse franchise, is reportedly being shot in 3D format to support Apple's Vision Pro headset. If true, it would be the first confirmed TV+ show to support the 3D video-viewing capabilities of the headset, which offers a wide virtual screen environment and spatial audio. MacRumors reports: According to ScreenTimes' Sigmund Judge, the live-action Godzilla and Titans TV series that's based on Legendary's Monsterverse franchise has been shooting in a three-dimensional format supported by Apple's newly announced headset, based on conversations with people familiar with its production. [...] Apple announced its order for the Godzilla TV series in January 2022, but has not yet revealed when it will arrive on TV+.

The series takes place after the battle between Godzilla and the Titans leveled San Francisco, and will be produced by Legendary Television with co-creator Chris Black serving as executive producer and showrunner. Black is known for his work on "Star Trek: Enterprise" and "Outcast."

We already have automated processes that detect bugs, test solutions, and generate documentation, notes a new post on Stack Overflow's blog. But beyond that, several developers "have written in the past on the idea of self-healing code. Head over to Stack Overflow's CI/CD Collective and you'll find numerous examples of technologists putting this ideas into practice."

Their blog post argues that self-healing code "is the future of software development." When code fails, it often gives an error message. If your software is any good, that error message will say exactly what was wrong and point you in the direction of a fix. Previous self-healing code programs are clever automations that reduce errors, allow for graceful fallbacks, and manage alerts. Maybe you want to add a little disk space or delete some files when you get a warning that utilization is at 90% percent. Or hey, have you tried turning it off and then back on again?

Developers love automating solutions to their problems, and with the rise of generative AI, this concept is likely to be applied to both the creation, maintenance, and the improvement of code at an entirely new level... "People have talked about technical debt for a long time, and now we have a brand new credit card here that is going to allow us to accumulate technical debt in ways we were never able to do before," said Armando Solar-Lezama, a professor at the Massachusetts Institute of Technology's Computer Science & Artificial Intelligence Laboratory, in an interview with the Wall Street Journal. "I think there is a risk of accumulating lots of very shoddy code written by a machine," he said, adding that companies will have to rethink methodologies around how they can work in tandem with the new tools' capabilities to avoid that.
Despite the occasional "hallucination" of non-existent information, Stack Overflow's blog acknowledges that large-language models improve when asked to review their response, identify errors, or show its work.

And they point out the project manager in charge of generative models at Google "believes that some of the work of checking the code over for accuracy, security, and speed will eventually fall to AI." Google is already using this technology to help speed up the process of resolving code review comments. The authors of a recent paper on this approach write that, "As of today, code-change authors at Google address a substantial amount of reviewer comments by applying an ML-suggested edit. We expect that to reduce time spent on code reviews by hundreds of thousands of hours annually at Google scale. Unsolicited, very positive feedback highlights that the impact of ML-suggested code edits increases Googlers' productivity and allows them to focus on more creative and complex tasks...."

Recently, we've seen some intriguing experiments that apply this review capability to code you're trying to deploy. Say a code push triggers an alert on a build failure in your CI pipeline. A plugin triggers a GitHub action that automatically send the code to a sandbox where an AI can review the code and the error, then commit a fix. That new code is run through the pipeline again, and if it passes the test, is moved to deploy... Right now his work happens in the CI/CD pipeline, but [Calvin Hoenes, the plugin's creator] dreams of a world where these kind of agents can help fix errors that arise from code that's already live in the world. "What's very fascinating is when you actually have in production code running and producing an error, could it heal itself on the fly?" asks Hoenes...

For now, says Hoenes, we need humans in the loop. Will there come a time when computer programs are expected to autonomously heal themselves as they are crafted and grown? "I mean, if you have great test coverage, right, if you have a hundred percent test coverage, you have a very clean, clean codebase, I can see that happening. For the medium, foreseeable future, we probably better off with the humans in the loop."
Last month Stack Overflow themselves tried an AI experiment that helped users to craft a good title for their question.

Isaac-Lew (Slashdot reader #623) writes: The Lego scene in "Spider-Man: Across The Spider-Verse" was animated by a 14-year-old high school student after the producers saw the trailer he made that was animated Lego-style.
The teenager had used his father's old computers to recreate the trailer "shot for shot to look as if it belonged in a Lego world," reports the New York Times: By that point, he had been honing his skills for several years making short computer-generated Lego videos. "My dad showed me this 3-D software called Blender and I instantly got hooked on it," he said. "I watched a lot of YouTube videos to teach myself certain stuff..."

[A]fter finding the movie's Toronto-based production designer, Patrick O'Keefe, on LinkedIn, and confirming that Sony Pictures Animation's offer was legitimate, Theodore Mutanga, a medical physicist, built his son a new computer and bought him a state-of-the-art graphics card so he could render his work much faster... Over several weeks, first during spring break and then after finishing his homework on school nights, Mutanga worked on the Lego sequence... Christophre Miller [a director of "The Lego Movie" and one of the writer-producers of "Spider-Verse."] saw Mutanga's contribution to "Across the Spider-Verse" not only as a testament to the democratization of filmmaking, but also to the artist's perseverance: he dedicated intensive time and effort to animation, which is "not ever fast or easy to make," Miller said.

'The Lego Movie' is inspired by people making films with Lego bricks at home," Lord said by video. "That's what made us want to make the movie. Then the idea in 'Spider Verse' is that a hero can come from anywhere. And here comes this heroic young person who's inspired by the movie that was inspired by people like him."

During a companywide meeting, Meta's chief product officer, Chris Cox, revealed a preview of the company's upcoming Twitter competitor, a standalone app based on Instagram that will integrate with the decentralized social media protocol, ActivityPub. "That will theoretically allow users of the new app to take their accounts and followers with them to other apps that support ActivityPub, including Mastodon," reports The Verge. From the report: The forthcoming app, which, in the meeting today, Meta chief product officer Chris Cox called "our response to Twitter," will use Instagram's account system to automatically populate a user's information. The internal codename for the app is "Project 92," and its public name could be Threads, based on internal documents also seen by The Verge.

"We've been hearing from creators and public figures who are interested in having a platform that is sanely run, that they believe that they can trust and rely upon for distribution," Cox said, throwing direct shade at Elon Musk's handling of Twitter, to cheers from the audience. He said the company's goal for the app was "safety, ease of use, reliability" and making sure that creators have a "stable place to build and grow their audiences."

Cox said the company already has celebrities committed to using the app, including DJ Slime, and was in discussions with other big names, including Oprah and the Dalai Lama. He said "coding began" for the app in January and that Meta will be making the app available "as soon as we can."

Binance.US, the U.S. affiliate of cryptocurrency exchange Binance, announced that it would halt dollar deposits and urged customers to withdraw their funds by Tuesday following a request from the U.S. Securities and Exchange Commission (SEC) to freeze its assets. Reuters reports: Binance.US, the purportedly independent partner of Binance, said in a tweet on Thursday that its banking partners were preparing to stop dollar withdrawal channels as early as June 13. The SEC sued Binance, its CEO and founder Changpeng Zhao, and Binance.US's operator on Monday, in a dramatic escalation of a crackdown on the industry by U.S. regulators. The SEC sued major U.S. exchange Coinbase a day later.

Binance.US said in the tweeted customer notice that it would no longer accept dollar deposits as part of plans to change to a "crypto-only exchange". It called the SEC's civil charges "unjustified" and said it would "vigorously defend" itself. The SEC alleged in 13 charges on Monday that Binance had in a "web of deception" artificially inflated trading volumes and diverted customer funds, as well as failing to restrict U.S. customers from its platform. The SEC on Tuesday asked a federal court to freeze Binance's U.S. assets. Binance.US called the motion "unwarranted", saying it had addressed SEC concerns over the safety of customer assets.

The SEC said it had not received "sufficient reassurance" that Binance.US's customer assets were controlled by its operator, BAM Trading, "rather than under the control or influence of Binance or Zhao, a person who has openly expressed his desire to avoid compliance with U.S. law." Zhao and Binance had "free reign" to handle Binance.US assets, the SEC said. "They have exercised this control over U.S. investor assets with no oversight or controls to ensure that those assets are properly secured," it added. . It has said it would "defend our platform vigorously," saying the SEC was limited in reach as Binance was not a U.S. exchange. Binance.US's customer assets total more than $2.2 billion held in crypto and some $377 million in U.S. dollar bank accounts, the SEC said.

The chair of the U.S. Securities and Exchange Commission on Thursday strongly rebutted criticism that the agency is trying to crush the crypto industry, and said many companies in the space had made a "calculated economic decision" to flout its rules. From a report: Speaking at a Piper Sandler conference in New York, Gary Gensler also reiterated his view that the "vast majority" of crypto tokens meet the test for being a security and should be registered with the SEC. That means most crypto exchanges have to comply with the securities laws too, he added. "When crypto asset market participants go on Twitter or TV and say they lacked 'fair notice' that their conduct could be illegal, don't believe it," he said. "They may have made a calculated economic decision to take the risk of enforcement as the cost of doing business." The crypto industry has attacked Gensler in recent days after the SEC sued two of the world's largest crypto exchanges, Coinbase and Binance, for allegedly breaking securities laws by failing to register their operations with the agency.

GM has confirmed that it will adopt Tesla's North American Charging Standard (NACS) for its future electric vehicles, following in the footsteps of Ford. Electrek reports: This is likely the next step in a domino effect that should solidify NACS as the new charging standard for electric cars in North America. When Tesla announced last year that it opened up its proprietary charging connector to try to make it the industry standard in North America, we thought it might be too little too late, despite agreeing that Tesla's plug was a much superior design than the current CCS standard. However, we were proven wrong last month when Ford announced that it will integrate the NACS in its future electric vehicles.

GM CEO Mary Barra confirmed that General Motors will also adopt NACS with the help of Tesla in future electric vehicles. Barra made the announcement with Tesla CEO Elon Musk on Twitter. She said that the first vehicles with the plug will come in 2025 and like Ford, GM EV owners will all have access to Tesla's Supercharger network starting in 2024 with a CCS to NACS adapter. Like Ford, GM's Bara referenced the more efficient design of Tesla's connector and the "robustness" of Tesla's Supercharger network as reasons to adopt the standard. Barra said in a statement: "Our vision of the all-electric future means producing millions of world-class EVs across categories and price points, while creating an ecosystem that will accelerate mass EV adoption. This collaboration is a key part of our strategy and an important next step in quickly expanding access to fast chargers for our customers. Not only will it help make the transition to electric vehicles more seamless for our customers, but it could help move the industry toward a single North American charging standard."

Twitch has reversed its recently announced rules regarding ad display on the platform after facing swift backlash from streamers and content creators. The Verge reports: On Tuesday, Twitch released new rules concerning the way streamers could display ads on the platform. The rules prohibited "burned in" video, display, and audio ads -- the first two of which were popular and common formats used throughout Twitch. Twitch apparently did not discuss the new rules with ambassadors or streamers beforehand, and many were furious about the new policies. [...] Twitch apologized for the rollout, explaining that it would rewrite the rules for greater clarity. Now it seems that rewrite has turned into a full rescinding of the rules totally.

From the company's Twitter thread: "Yesterday, we released new Branded Content Guidelines that impacted your ability to work with sponsors to increase your income from streaming. These guidelines are bad for you and bad for Twitch, and we are removing them immediately. Sponsorships are critical to streamers' growth and ability to earn income. We will not prevent your ability to enter into direct relationships with sponsors -- you will continue to own and control your sponsorship business. We want to work with our community to create the best experience on Twitch, and to do that we need to be clear about what we're doing and why we're doing it. We appreciate your feedback and help in making this change."

Twitch has updated the page outlining its ads policy with the section related to what kinds of ads are prohibited or allowed completely removed. Here's an archived version with the old rules and the new, updated page. The new rules would have been potentially devastating for creators, charities, esports broadcasts, and brands. Now, what seemed like another attempt to take a portion of streamer earnings has backfired.

According to a joint investigation from The Wall Street Journal and researchers at Stanford University and the University of Massachusetts Amherst, Instagram's algorithms are actively promoting networks of pedophiles who commission and sell child sexual abuse content on the app. The Verge reports: Accounts found by the researchers are advertised using blatant and explicit hashtags like #pedowhore, #preteensex, and #pedobait. They offer "menus" of content for users to buy or commission, including videos and imagery of self-harm and bestiality. When researchers set up a test account and viewed content shared by these networks, they were immediately recommended more accounts to follow. As the WSJ reports: "Following just a handful of these recommendations was enough to flood a test account with content that sexualizes children."

In addition to problems with Instagram's recommendation algorithms, the investigation also found that the site's moderation practices frequently ignored or rejected reports of child abuse material. The WSJ recounts incidents where users reported posts and accounts containing suspect content (including one account that advertised underage abuse material with the caption "this teen is ready for you pervs") only for the content to be cleared by Instagram's review team or told in an automated message [...]. The report also looked at other platforms but found them less amenable to growing such networks. According to the WSJ, the Stanford investigators found "128 accounts offering to sell child-sex-abuse material on Twitter, less than a third the number they found on Instagram" despite Twitter having far fewer users, and that such content "does not appear to proliferate" on TikTok. The report noted that Snapchat did not actively promote such networks as it's mainly used for direct messaging.

In response to the report, Meta said it was setting up an internal task force to address the issues raised by the investigation. "Child exploitation is a horrific crime," the company said. "We're continuously investigating ways to actively defend against this behavior." Meta noted that in January alone it took down 490,000 accounts that violated its child safety policies and over the last two years has removed 27 pedophile networks. The company, which also owns Facebook and WhatsApp, said it's also blocked thousands of hashtags associated with the sexualization of children and restricted these terms from user searches.

An anonymous reader quotes a report from TechCrunch: Security researchers have linked to the notorious Clop ransomware gang a new wave of mass-hacks targeting a popular file transfer tool, as the first victims of the attacks begin to come forward. It was revealed last week that hackers are exploiting a newly discovered vulnerability in MOVEit Transfer, a file-transfer tool widely used by enterprises to share large files over the internet. The vulnerability allows hackers to gain unauthorized access to an affected MOVEit server's database. Progress Software, which develops the MOVEit software, has already released some patches. Over the weekend, the first victims of the attacks began to come forward.

Zellis, a U.K.-based human resources software maker and payroll provider, confirmed in a statement that its MOVEit system was compromised, with the incident affecting a "small number" of its corporate customers. One of those customers is U.K. airline giant British Airways, which told TechCrunch that the breach included the payroll data of all of its U.K.-based employees. [...] The U.K.'s BBC also confirmed it was affected by the incident affecting Zellis. [...] The government of Nova Scotia, which uses MOVEit to share files across departments, said in a statement that some citizens' personal information may have been compromised. The Nova Scotia government said it took its affected system offline, and is working to determine "exactly what information was stolen, and how many people have been impacted."

It was initially unclear who was behind this new wave of hacks, but Microsoft security researchers are attributing the cyberattacks to a group it tracks as "Lace Tempest." This gang is a known affiliate of the Russia-linked Clop ransomware group, which was previously linked to mass-attacks exploiting flaws in Fortra's GoAnywhere file transfer tool and Accellion's file transfer application. Microsoft researchers said that the exploitation of the MOVEit vulnerability is often followed by data exfiltration. Mandiant isn't yet making the same attribution as Microsoft, but noted in a blog post over the weekend that there are "notable" similarities between a newly created threat cluster it's calling UNC4857 that has as-of-yet "unknown motivations," and FIN11, a well-established ransomware group known to operate Clop ransomware. "Ongoing analysis of emerging activity may provide additional insights," Mandiant said. "It's likely many more victims of the MOVEit breach will come to light over the next few days," adds TechCrunch.

"Shodan, a search engine for publicly exposed devices and databases, showed that more than 2,500 MOVEit Transfer servers were discoverable on the internet."

An anonymous reader quotes a report from The Verge: GameStop has fired CEO Matt Furlong, the company announced as part of its first quarter 2023 earnings on Wednesday. There's no immediate replacement, though board chairman Ryan Cohen has been appointed executive chairman, the company said in a short press release about Furlong's firing. Cohen, who founded the e-commerce site Chewy, has invested in a number of "memestocks" including GameStop and Bed, Bath and Beyond. His surprise sale of Bed, Bath, and Beyond stock in 2022 raised eyebrows and led to at least one lawsuit accusing him of pumping and dumping the stock. His initial investment in GameStop back in early 2021 led to an enormous rise in the stock and contributed to its status as a memestock beloved by the Reddit sub r/wallstreetbets.

Matthew Furlong was fired on June 5th without cause, the company wrote in the 10-Q. Furlong started at GameStop in June 2021 -- which was after the beginning of the chaos with GameStop's stock price -- and he oversaw things like the company's move into NFTs, November layoffs, and firing the company's CFO. GameStop has also made Mark Robinson the company's new "principal executive officer" with a title of general manager, according to a form 10-Q from the company. Robinson has been at GameStop for nearly eight years, according to his LinkedIn, and he most recently served as the company's general counsel. GameStop canceled its earnings call today. Shortly after the news broke, Ryan Cohen tweeted: "Not for long".