The U.S. Federal Reserve has launched a long-awaited service which will aim to modernize the country's payment system by eventually allowing everyday Americans to send and receive funds in seconds, 24 hours a day, seven days a week, the central bank announced on Thursday. From a report: The "FedNow" service, which has been in the works since 2019, will seek to eliminate the several-day lag it commonly takes cash transfers to settle, bringing the U.S. in line with countries including the United Kingdom, India, Brazil, as well as the European Union, where similar services have existed for years. FedNow is launching with 41 banks and 15 service providers certified to use the service, including community banks and large lenders like JPMorgan Chase, Bank of New York Mellon, and US Bancorp, but the Fed plans to onboard more banks and credit unions this year.

The Fed said on Thursday in a statement that 35 banks and credit unions were currently utilizing the service, as well as the Treasury Department's Bureau of Fiscal Service. The service will compete with private sector real-time payments systems, including The Clearing House's RTP network, and was initially opposed by big banks who said it was redundant. But many have since agreed to participate on the basis FedNow will allow them to expand the services they can offer clients. "For us, FedNow really is a wonderful way of expanding reach," said Anu Somani, head of global payables and embedded payments at U.S. Bank. Unlike peer-to-peer payments services like Venmo or PayPal, which act as intermediaries between banks, payments made via FedNow will settle directly in central bank accounts.

An anonymous reader quotes a report from The Verge: Tesla says it has started production of its Dojo supercomputer to train its fleet of autonomous vehicles. In its second quarter earnings report for 2023, the company outlined "four main technology pillars" needed to "solve vehicle autonomy at scale: extremely large real-world dataset, neural net training, vehicle hardware and vehicle software." "We are developing each of these pillars in-house," the company said in its report. "This month, we are taking a step towards faster and cheaper neural net training with the start of production of our Dojo training computer."

The automaker already has a large Nvidia GPU-based supercomputer that is one of the most powerful in the world, but the new Dojo custom-built computer is using chips designed by Tesla. In 2019, Tesla CEO Elon Musk gave this "super powerful training computer" a name: Dojo. Previously, Musk has claimed that Dojo will be capable of an exaflop, or 1 quintillion (1018) floating-point operations per second. That is an incredible amount of power. "To match what a one exaFLOP computer system can do in just one second, you'd have to perform one calculation every second for 31,688,765,000 years," Network World wrote.

Today, Nissan announced it's adopting Tesla's North American Charging Standard (NACS) in its electric vehicles, following in the footsteps of Ford, GM, Rivian, Mercedes-Benz, Volvo, and Polestar. Ars Technica reports: "Adopting the NACS standard underlines Nissan's commitment to making electric mobility even more accessible as we follow our Ambition 2030 long-term vision of greater electrification," said Jeremie Papin, chairperson of Nissan Americas. "We are happy to provide access to thousands more fast chargers for Nissan EV drivers, adding confidence and convenience when planning long-distance journeys."

This is actually Nissan's second time changing its DC fast-charging plugs. An early pioneer of EVs with the first- and then second-generation Leaf, it chose the CHAdeMO standard for those models, which is popular in Japan but never really caught on elsewhere. But when Nissan built the Ariya crossover as its third-generation EV, it dropped CHAdeMO for CCS, which appeared like it was going to win the charging standard war by dint of having every OEM onboard other than Tesla. CCS may have had the power of numbers in terms of OEMs, but EVs from all those makes are still heavily outnumbered on the road by the sheer mass of Models 3 and Y, and it's hard to argue with the superiority of Tesla's Supercharger network, either in terms of reliability or number of deployed chargers.

Microsoft is expanding its suite of free security tools for customers, the software company said on Wednesday, following criticism that it was charging clients to protect themselves against Microsoft's mistakes. From a report: The move follows a high-level hack that allowed allegedly Chinese spies to steal emails from senior U.S. officials - and complaints from security specialists and lawmakers against paying for tools In a blog post published on Wednesday, Microsoft said the advanced features in Microsoft's auditing suite - which it calls Microsoft Purview - would be available to all customers "over the coming months." Although not enough to prevent hacks on their own, digital auditing tools are critical for helping organizations figure out whether intruders are in their network, how they got in and how to get them out.

The US Securities and Exchange Commission (SEC) has expressed concern about generative AI's impact on financial markets. From a report: In a speech given to the National Press Club on Monday, SEC Chair Gary Gensler said recent advances in generative AI increase the possibility of institutions relying on the same subset of information to make decisions. Gensler said the large demand for data and computing power could mean only a few tech platforms may dominate the field, narrowing the field of AI models companies can use.

[...] He said: "AI may heighten financial fragility as it could promote herding with individual actors making similar decisions because they are getting the same signal from a base model or data aggregator," Gensler said. He added that the rise of generative AI and other deep-learning models "could exacerbate the inherent network interconnectedness of the global financial system."

An anonymous reader quotes a report from Fortune: It's not a misprint. Telecom Italia SpA, Italy's beleaguered former telephone monopoly, once pitched a plan to buy Apple. About 25 years ago a group of executives from the carrier flew to California to meet Apple co-founder Steve Jobs, with an audacious plan to buy the tech company at a time it was struggling to make headway against rivals like International Business Machines Corp. Telecom Italia, on the other hand, was flying high, ranking as the world's sixth-largest telephone company by sales. Worth about $100 billion, it had minimal debt, held stakes in dozens of tech groups around the world and employed more that 120,000 people.

Although Apple's rise back from the ashes is well documented, the fate of its would-be buyer is less well known outside Italy. Today, the carrier is burdened by more than 30 billion euros in gross debt, it controls just one company outside its domestic market -- Brazil's No. 3 phone operator -- and it employs only a third as many people as it did when its executives made their pitch to Jobs. Most tellingly, Telecom Italia now finds itself in the position of needing to sell off its landline network just to get its debt pile under control. The sale would be a transformational deal and, if successful, the first such divestiture for a European carrier.

In a small twist of fate, the likely buyer is a US company, though it's not a tech giant like Apple but private equity powerhouse KKR & Co. With progress being made toward a disposal of the network, Telecom Italia's one truly valuable asset, now seems as good a time as any to ask, what happened to this once-promising company? [...] Regardless of the outcome of the network battle, the carrier won't look the same after the dust has settled. "Telecom Italia's future will now be mostly linked to its capacity of being more agile and luring new customers with more profitable services," said Laura Rovizzi, chief executive at Rome-based strategy and regulation consultant Open Gate Italia. And the carrier's service unit, basically all that would remain of Telecom Italia after a network selloff, would itself probably need to weigh a transformational deal with a tech company to guarantee its competitive footprint, she added. With so many uncertainties ahead, there's probably only one safe bet for Telecom Italia. The carrier won't be trying to buy Apple again.

An anonymous reader quotes a report from Ars Technica: JumpCloud, a cloud-based IT management service that lists Cars.com, GoFundMe, and Foursquare among its 5,000 paying customers, experienced a security breach carried out by hackers working for a nation-state, the company said last week. The attack began on June 22 as a spear-phishing campaign, the company revealed last Wednesday. As part of that incident, JumpCloud said, the "sophisticated nation-state sponsored threat actor" gained access to an unspecified part of the JumpCloud internal network. Although investigators at the time found no evidence any customers were affected, the company said it rotated account credentials, rebuilt its systems, and took other defensive measures.

On July 5, investigators discovered the breach involved "unusual activity in the commands framework for a small set of customers." In response, the company's security team performed a forced-rotation of all admin API keys and notified affected customers. As investigators continued their analysis, they found that the breach also involved a "data injection into the commands framework," which the disclosure described as the "attack vector." The disclosure didn't explain the connection between the data injection and the access gained by the spear-phishing attack on June 22. Ars asked JumpCloud PR for details, and employees responded by sending the same disclosure post that omits such details. Investigators also found that the attack was extremely targeted and limited to specific customers, which the company didn't name.

JumpCloud says on its website that it has a global user base of more than 200,000 organizations, with more than 5,000 paying customers. They include Cars.com, GoFundMe, Grab, ClassPass, Uplight, Beyond Finance, and Foursquare. JumpCloud has raised over $400 million from investors, including Sapphire Ventures, General Atlantic, Sands Capital, Atlassian, and CrowdStrike. The company has also published a list of IP addresses, domain names, and cryptographic hashes used by the attacker that other organizations can use to indicate if they were targeted by the same attackers. JumpCloud has yet to name the country of origin or other details about the threat group responsible.

SiliconANGLE reports that Red Hat's decision to limit access to RHEL sources "has sparked outrage in some circles," but observers contacted by the publication "were mostly sympathetic" to Red Hat's position: Most acknowledged that the company's explanation that it couldn't keep funding the development of software that competitors then gave away for free was reasonable. But not Bill Ottman, founder and chief executive officer of Minds Inc., a social network built on open-source code." They are completely embarrassing themselves by betraying the community and their own model," he said. "Their best bet is to immediately reverse course and apologize."

Others were more inclined to agree with Josh Amishav, founder and CEO of data breach monitoring firm Breachsense. "If we want commercial entities to support our underlying operating system, they need to find ways to be profitable," he said. "If you disagree with Red Hat's policy change, then there are plenty of excellent Linux alternatives to choose from."

Some saw the move as a consequence of pressure inside IBM to justify the $34 billion it paid to buy Red Hat nearly five years ago. "Red Hat has to change to protect its business," said Joe Brockmeier, head of community at open-source developer Percona LLC and a former Red Hat employee. "They seem to have tried to find the least harmful way to do that. It's a necessary decision, although one that could have been communicated a little better." Brockmeier agreed with Red Hat's argument that it can't continue to fund innovations and give them away for free. "Copying a company's product isn't what open source is about," he said. "The code is what allows every company and individual to run, study, modify and distribute work based on a project. The members of the community can do those things; what they are finding harder to do is to 'clone' RHEL."

Not everyone buys the argument that IBM needed to wring more revenue out of its subsidiary. "Considering IBM's gross profit for [fiscal 2022] was $32.863 billion, this certainly wasn't a make-or-break decision for IBM's profitability," said Kadan Stadelmann, chief technology officer at Komodo, developer of a cryptocurrency and blockchain platform. And there's some risk to Red Hat in closing down source code access. "By totally removing free and open-source software, Red Hat may not necessarily increase revenues that much while alienating its large community of open-source developers," Stadelmann said.

There's evidence that's already happening, at least for now. Red Hat's action has both energized and elevated the profiles of some open-source alternatives.

An anonymous reader quotes a report from Ars Technica: Newly raised concerns about lead-covered telephone cables installed across the US many decades ago are putting pressure on companies like AT&T and Verizon to identify the locations of all the cables and account for any health problems potentially caused by the toxic metal. US Sen. Edward Markey (D-Mass.) wrote a letter to the USTelecom industry trade group this week after a Wall Street Journal investigative report titled, "America Is Wrapped in Miles of Toxic Lead Cables." The WSJ said it found evidence of more than 2,000 lead-covered cables and that there "are likely far more throughout the country."

WSJ reporters had researchers collect samples as part of their investigation. They "found that where lead contamination was present, the amount measured in the soil was highest directly under or next to the cables, and dropped within a few feet -- a sign the lead was coming from the cable," the article said. Markey wrote to USTelecom, "According to the Wall Street Journal's investigation, 'AT&T, Verizon and other telecom giants have left behind a sprawling network of cables covered in toxic lead that stretches across the US, under the water, in the soil and on poles overhead... As the lead degrades, it is ending up in places where Americans live, work and play.'"

Markey wants answers to a series of questions by July 25: "Do the companies know the locations and mileage of lead-sheathed cables that they own or for which they are responsible -- whether aerial, underwater, or underground? Are there maps of the locations and installations? If not, what plans do the companies have to identify the cables? Why have the companies that knew about the cables -- and the potential exposure risks they pose -- failed to monitor them or act?" Markey also asked what plans telcos have to address environmental and public health problems that could arise from lead cables. He asked the companies to commit to "testing for soil, water, and other contamination caused by the cables," to remediate any contamination, and warn communities of the potential hazards. Markey also asked USTelecom if the phone companies will guarantee "medical treatment and compensation to anyone harmed by lead poisoning caused by the cables." "There is no safe level of lead exposure -- none -- which is why I'm so disturbed by these reports of lead cable lines throughout the country," added US Rep. Frank Pallone Jr. (D-NJ). "It is imperative that these cables be properly scrutinized and addressed."

Another Congressman, Rep. Patrick Ryan (D-NY), said he is considering legislation on remediating contamination from the cables and that telecom companies should "do the right thing and clean up their mess." The Wall Street Journal said its testing in a playground in Ryan's district "registered high levels of lead underneath an aerial cable running along the perimeter of the park."

Online publishers are inundated with useless article pitches as websites using AI-generated content multiply. From a report: When she first heard of the humanlike language skills of the artificial-intelligence bot ChatGPT, Jennifer Stevens wondered what it would mean for the retirement magazine she edits. Months later, she has a better idea. It means she is spending a lot of time filtering out useless article pitches. People like Stevens, the executive editor of International Living, are among those seeing a growing amount of AI-generated content that is so far beneath their standards that they consider it a new kind of spam.

The technology is fueling an investment boom. It can answer questions, produce images and even generate essays based on simple prompts. Some of these techniques promise to enhance data analysis and eliminate mundane writing tasks, much as the calculator changed mathematics. But they also show the potential for AI-generated spam to surge and potentially spread across the internet. In early May, the news site rating company NewsGuard found 49 fake news websites that were using AI to generate content. By the end of June, the tally had hit 277, according to Gordon Crovitz, the company's co-founder. "This is growing exponentially," Crovitz said. The sites appear to have been created to make money through Google's online advertising network, said Crovitz, formerly a columnist and a publisher at The Wall Street Journal.

Researchers also point to the potential of AI technologies being used to create political disinformation and targeted messages used for hacking. The cybersecurity company Zscaler says it is too early to say whether AI is being used by criminals in a widespread way, but the company expects to see it being used to create high-quality fake phishing webpages, which are designed to trick victims into downloading malicious software or disclosing their online usernames and passwords. On YouTube, the ChatGPT gold rush is in full swing. Dozens of videos offering advice on how to make money from OpenAI's technology have been viewed hundreds of thousands of times. Many of them suggest questionable schemes involving junk content. Some tell viewers that they can make thousands of dollars a week, urging them to write ebooks or sell advertising on blogs filled with AI-generated content that could then generate ad revenue by popping up on Google searches.

An anonymous reader quotes a report from Tom's Hardware: Today, the Institute of Electrical and Electronics Engineers (IEEE) has added 802.11bb as a standard for light-based wireless communications. The publishing of the standard has been welcomed by global Li-Fi businesses, as it will help speed the rollout and adoption of the data-transmission technology standard. Advantages of using light rather than radio frequencies (RF) are highlighted by Li-Fi proponents including pureLiFi, Fraunhofer HHI, and the Light Communications 802.11bb Task Group. Li-Fi is said to deliver "faster, more reliable wireless communications with unparalleled security compared to conventional technologies such as Wi-Fi and 5G." Now that the IEEE 802.11bb Li-Fi standard has been released, it is hoped that interoperability between Li-Fi systems with the successful Wi-Fi will be fully addressed.

Of course, Li-Fi isn't going to sweep away Wi-Fi and 5G alternatives (nor wired networks). Radio waves still have a distinct advantage with regard to transmission through the atmosphere at great distance, and though opaque objects. Instead, work must concentrate on using horses for courses -- with Li-Fi advantages being harvested where possible. [...] Now the IEEE 802.11bb standard is published, manufacturers can have greater confidence in the ecosystem and start integrating the tech, where suitable. One of the big wheels of Li-Fi, pureLiFi, has already prepared the Light Antenna ONE module for integration into connected devices. This 14.5mm long component is currently being provided to OEMs for evaluation. In its promotional materials the firm suggests that Li-Fi is preferable over Wi-Fi for: more connections without congestion, greater security and privacy, and doing the heavy lifting for the highest bandwidth tasks. We expect to see a far fuller gamut of Li-Fi network devices, and user devices which support the standard, emerge between now and MWC next February.

In July 2015, the marital infidelity website AshleyMadison.com was hacked by a group called the Impact Team, threatening to release data on all 37 million users unless the site shut down. In an article published earlier today, security researcher Brian Krebs explores the possible involvement of a former employee and self-describe expert in search engine optimization (SEO), William Brewster Harrison, who had a history of harassment towards then-CEO Noel Biderman and may have had the technical skills to carry out the hack. However, Harrison committed suicide in 2014, raising doubts about his role in the breach. Here's an excerpt from the report: [...] Does Harrison's untimely death rule him out as a suspect, as his stepmom suggested? This remains an open question. In a parting email to Biderman in late 2012, Harrison signed his real name and said he was leaving, but not going away. "So good luck, I'm sure we'll talk again soon, but for now, I've got better things in the oven," Harrison wrote. "Just remember I outsmarted you last time and I will outsmart you and out maneuver you this time too, by keeping myself far far away from the action and just enjoying the sideline view, cheering for the opposition." Nothing in the leaked Biderman emails suggests that Ashley Madison did much to revamp the security of its computer systems in the wake of Harrison's departure and subsequent campaign of harassment -- apart from removing an administrator account of his a year after he'd already left the company.

KrebsOnSecurity found nothing in Harrison's extensive domain history suggesting he had any real malicious hacking skills. But given the clientele that typically employed his skills -- the adult entertainment industry -- it seems likely Harrison was at least conversant in the dark arts of "Black SEO," which involves using underhanded or else downright illegal methods to game search engine results. Armed with such experience, it would not have been difficult for Harrison to have worked out a way to maintain access to working administrator accounts at Ashley Madison. If that in fact did happen, it would have been trivial for him to sell or give those credentials to someone else. Or to something else. Like Nazi groups. As KrebsOnSecurity reported last year, in the six months leading up to the July 2015 hack, Ashley Madison and Biderman became a frequent subject of derision across multiple neo-Nazi websites.

Some readers have suggested that the data leaked by the Impact Team could have originally been stolen by Harrison. But that timeline does not add up given what we know about the hack. For one thing, the financial transaction records leaked from Ashley Madison show charges up until mid-2015. Also, the final message in the archive of Biderman's stolen emails was dated July 7, 2015 -- almost two weeks before the Impact Team would announce their hack. Whoever hacked Ashley Madison clearly wanted to disrupt the company as a business, and disgrace its CEO as the endgame. The Impact Team's intrusion struck just as Ashley Madison's parent was preparing go public with an initial public offering (IPO) for investors. Also, the hackers stated that while they stole all employee emails, they were only interested in leaking Biderman's. Also, the Impact Team had to know that ALM would never comply with their demands to dismantle Ashley Madison and Established Men. In 2014, ALM reported revenues of $115 million. There was little chance the company was going to shut down some of its biggest money machines. Hence, it appears the Impact Team's goal all along was to create prodigious amounts of drama and tension by announcing the hack of a major cheating website, and then let that drama play out over the next few months as millions of exposed Ashley Madison users freaked out and became the targets of extortion attacks and public shaming.

After the Impact Team released Biderman's email archives, several media outlets pounced on salacious exchanges in those messages as supposed proof he had carried on multiple affairs. Biderman resigned as CEO of Ashley Madison on Aug. 28, 2015. Complicating things further, it appears more than one malicious party may have gained access to Ashley's Madison's network in 2015 or possibly earlier. Cyber intelligence firm Intel 471 recorded a series of posts by a user with the handle "Brutium" on the Russian-language cybercrime forum Antichat between 2014 and 2016. Brutium routinely advertised the sale of large, hacked databases, and on Jan. 24, 2015, this user posted a thread offering to sell data on 32 million Ashley Madison users. However, there is no indication whether anyone purchased the information. Brutium's profile has since been removed from the Antichat forum. Note: This is Part II of a story published last week on reporting that went into a new Hulu documentary series on the 2015 Ashley Madison hack.

It was the court case the entire crypto industry was waiting for -- the showdown between the Securities and Exchange Commission and Ripple, an early digital assets firm behind the popular XRP token. From a report: The SEC alleged that sales of XRP constituted offering unregistered securities, while Ripple defended its $25 billion market, chiding the SEC's lack of clear guidance. On Thursday, a federal judge agreed partly in favor of both parties, with Ripple -- and the broader crypto industry -- appearing the early victor. The existential question for the U.S. crypto sector has been whether the thousands of tokens, from Bitcoin and Ether to Dogecoin and Pepecoin, are securities -- a financial term for an investment contract, which would require registration with the SEC. Crypto firms have argued that working with the agency is impossible under the current rules, while the SEC has accused nearly every token, with the clear exception of Bitcoin, as operating illegally.

Ripple became an important trial balloon for the debate. In 2020, the SEC charged the company -- founded in 2012 with the promise of disrupting the global payments network through its proprietary token, XRP -- and two of its executives with raising over $1.3 billion through an unregistered digital asset securities offering. Unlike other subjects of SEC lawsuits, Ripple challenged the case, which has been litigated for the past three years in the Southern District of New York. The proceedings have enraptured the crypto industry, especially as the SEC has aggressively pursued other exchanges and projects for allegedly offering unregistered securities. A decision that found XRP was not a security could buoy other firms and weaken the SEC's torrent of lawsuits against the industry, while a total victory for the SEC would have proved disastrous and likely climbed its way to the Supreme Court.

The former chief executive officer of bankrupt crypto lender Celsius Network was arrested following a probe into the company's collapse, Bloomberg reported Thursday. From the report: The arrest took place Thursday morning, according to the person, who asked not to be identified because the criminal case isn't public. The Securities and Exchange Commission also filed a lawsuit against Mashinsky and the company Thursday, according to court records. Celsius was one of several high-profile crypto firms that imploded last year. The company gained popularity paying high interest rates on digital-asset deposits. But following the collapse of the TerraUSD stablecoin and a downturn in the digital-asset markets the company was left with a giant hole in its balance sheet and unable to meet an influx of customer withdrawals.

Chicken Soup for the Soul Entertainment, the parent company of Redbox, has partnered with TikTok to stream the platform's short-form videos on screens atop approximately 3,000 Redbox kiosks across the United States. Deadline reports: Third-party brands will also have their ads run alongside the TikTok videos via Chicken Soup's ad platform Crackle Connex. The agreement covers roughly 10% of the total network of Redbox kiosks, which are generally located outside of grocery, convenience and big box retail stores. The out-of-home ad deal is part of a growing effort across the industry to identify alternatives to linear TV and place brand messages in venues like gas stations, elevators and other locations. "TikTok is the go-to destination for short-form video consumption by over a billion people globally," said Philippe Guelton, chief revenue officer of Crackle Connex. "This new partnership provides advertisers a unique opportunity to reach new audiences and drive engagement. Our Redbox kiosks are in high-traffic locations where millions of people frequently shop, such as grocery stores or value retailers. We look forward to working with TikTok on expanding this partnership as our DOOH network expands."

Mark Zuckerberg has used Meta's might to push Threads to a fast start -- but that may only work up to a point. Mike Isaac, writing at The New York Times: A big tech company with billions of users introduces a new social network. Leveraging the popularity and scale of its existing products, the company intends to make the new social platform a success. In doing so, it also plans to squash a leading competitor's app. If this sounds like Instagram's new Threads app and its push against its rival Twitter, think again. The year was 2011 and Google had just rolled out a social network called Google+, which was aimed as its "Facebook killer." Google thrust the new site in front of many of its users who relied on its search and other products, expanding Google+ to more than 90 million users within the first year.

But by 2018, Google+ was relegated to the ash heap of history. Despite the internet search giant's enormous audience, its social network failed to catch on as people continued flocking to Facebook -- and later to Instagram and other social apps. In the history of Silicon Valley, big tech companies have often become even bigger tech companies by using their scale as a built-in advantage. But as Google+ shows, bigness alone is no guarantee of winning the fickle and faddish social media market.

This is the challenge that Zuckerberg, the chief executive of Meta, which owns Instagram and Facebook, now faces as he tries to dislodge Twitter and make Threads the prime app for real-time, public conversations. If tech history is any guide, size and scale are solid footholds -- but ultimately can only go so far. What comes next is much harder. Mr. Zuckerberg needs people to be able to find friends and influencers on Threads in the serendipitous and sometimes weird ways that Twitter managed to accomplish. He needs to make sure Threads isn't filled with spam and grifters. He needs people to be patient about app updates that are in the works.

The Video Game History Foundation: The Video Game History Foundation, in partnership with the Software Preservation Network, has conducted the first ever study on the commercial availability of classic video games, and the results are bleak. 87% of classic video games released in the United States are critically endangered. Imagine if the only way to watch Titanic was to find a used VHS tape, and maintain your own vintage equipment so that you could still watch it. And what if no library, not even the Library of Congress, could do any better -- they could keep and digitize that VHS of Titanic, but you'd have to go all the way there to watch it. It sounds crazy, but that's the reality we live in with video games, a $180 billion industry, while the games and their history disappear.

For accessing nearly 9 in 10 classic games, there are few options: seek out and maintain vintage collectible games and hardware, travel across the country to visit a library, or... piracy. None of those options are desirable, which means that most video games are inaccessible to all but the most diehard and dedicated fans. That's pretty grim! This is where libraries and archives should come in. Anyone should be able to easily explore, research and play classic video games, in the same way that they can read classic novels, listen to classic albums, and watch classic movies. But outdated copyright laws are preventing institutions like ours from doing our jobs.

As an "ambassador" for FTX, football quarterback Tom Brady appeared at the company's conference in the Bahamas, and in TV commercials promoting the exchange as "the most trusted" institution in crypto, remembers the New York Times. And it was all about to go very bad...

"His money was also at stake. As part of an endorsement agreement Brady signed in 2021, FTX had paid him $30 million, a deal that consisted almost entirely of FTX stock, three people with knowledge of the contract said. Brady's wife at the time, supermodel Gisele Bündchen, was paid $18 million in FTX stock, one of the people said." Now FTX is bankrupt, and Bankman-Fried is facing criminal fraud charges. Brady, 45, and Bündchen, 42, have been sued by a group of FTX customers seeking compensation from the celebrities who endorsed the exchange. On top of it all, the terms of the deal would have required the former couple, who divorced last year, to pay taxes on at least some of their now worthless FTX stock, two people familiar with the endorsement deal said. Their situation is the highest-profile example of a humiliating reckoning facing the actors, athletes, and other celebrities who rushed to embrace the easy money and online hype of cryptocurrencies...

But last year's crash ended the celebrity crypto bonanza. In October, the Securities and Exchange Commission ordered Kim Kardashian to pay $1.26 million for failing to make adequate disclosures when she endorsed the EthereumMax crypto token. In December, a lawyer in California sued two crypto companies, MoonPay and Yuga Labs, accusing them of using a "vast network of A-list musicians, athletes and celebrity clients" to mislead investors about digital assets. In March, the S.E.C. charged the actress Lindsay Lohan, the online influencer Jake Paul and musicians including Soulja Boy and Lil Yachty with illegally promoting crypto assets. And in late May, after months of failed attempts, a process server delivered court papers to Shaquille O'Neal, the retired basketball star, who was sued for promoting FTX, according to legal filings. Mr. O'Neal was served while broadcasting from a National Basketball Association playoff game...

Brady has also faced legal trouble. In December, Adam Moskowitz and the law firm Boies Schiller Flexner filed a lawsuit in federal court in Florida accusing him and Bündchen of misleading investors. Among the other defendants are comedian Larry David, NBA star Steph Curry and tennis player Naomi Osaka, all of whom endorsed FTX. "None of these defendants performed any due diligence prior to marketing these FTX products to the public," the lawsuit said.

"More major cities in the United States are letting public transit riders hop on board for free," reports CNN: Kansas City; Raleigh; Richmond; Olympia; Tucson; Alexandria, Virginia; and other cities are testing dropping fares on their transit systems. Denver is dropping fares across its system this summer. Boston is piloting three zero-fare public bus routes, and New York City is expected to test free buses on five lines.

Eliminating fares gives a badly needed boost to ridership, removes cost burdens — particularly for lower-income riders — — and reduces boarding times at stops. Proponents also hope it will compel more people to get out of their cars and ride transit... At least 35 US agencies have eliminated fares across their network, according to the American Public Transit Association. Massachusetts Sen. Edward Markey and US Rep. Ayanna Pressley have introduced a bill in Congress to establish a $25 billion grant program to support state and local efforts for fare-free systems.

The zero-fare push comes as ridership nationwide remains sluggish after people shifted to working from home during the pandemic. Ridership is at about 70% of pre-pandemic levels nationwide, and transit agency budget shortfalls threaten service cuts, layoffs and fare hikes.
CNN also reports the case against. Experts "say there are more effective policies to get people out of their cars and onto transit, such as congestion pricing and parking restrictions.

"And dropping fares does not make buses run on time or lead to faster and cleaner trains. These are the improvements that will get more people to take transit instead of drive, according to passenger surveys."

"The flow of lifesaving organs to 63 U.S. transplant centers could be disrupted..." reported the Washington Post on Monday, "by a dispute over the use of data."

Or, as a local news station WRIC puts it, "Two entities dedicated to fighting to save lives through organ transplant operations are now fighting with each other." Buckeye Transplant Services filed a lawsuit against the United Network for Organ Sharing — or UNOS — on July 3 after the Richmond-based non-profit accused the transplant screening service of putting donor and patient privacy at risk.

UNOS claimed Buckeye did so by using technology to gain unauthorized, improper access to a DonorNet database. Buckeye denied any wrongdoing and insisted that the company has always complied with data accessibility protocol... This isn't UNOS's first controversy, but the reason this particular debate has become high-profile is due to rumors that it could impact transplant operations. Prior to the lawsuit, UNOS threatened to cut off Buckeye's access to data necessary for its operation. UNOS still insists that no transplant program will experience any interruptions in receiving organ offers as a result of the dispute. However, Buckeye warned that if it loses access to crucial data, 63 hospitals across the country — two in Virginia — could have to take on extra burdens.

One of those healthcare systems, the University of Virginia's Transplant Center, told 8News that its team is closely monitoring the situation and is already coming up with plans to prevent any legal hiccups from interrupting the lifesaving organ donation process.
Buckeye was involved in over 13% of America's organ transplants in 2022, according to figures cited by the Washington Post. "Buckeye said it is doing nothing wrong," according to the article, "and that other organizations across the transplant system act similarly." Meanwhile, UNOS's general counsel "stressed that cutting off Buckeye is a last resort in a negotiation that has been underway for two months," the Washington Post reported. "Certain features of Buckeye's electronic systems are capable of and have collected from UNOS systems various large volumes of patient-specific and facility-specific information related to transplant services," a UNOS attorney wrote to Buckeye on June 21. Livingston, the UNOS general counsel, said in an interview that the data belongs to UNOS and that transplant centers are able to obtain it from the organization if they want it. But Buckeye is not allowed to collect it in bulk and sell it to its customers. He said if Buckeye retrieves and "scrapes" the data, UNOS does not know how well it is secured, whether it is being "misused or mishandled" and how it is being stored. He also said Buckeye could create an alternate database with the information.
On Tuesday the Washington Post reported that UNOS had issued a two-week extension (through July 19): Anne Paschke, a spokesperson for UNOS, said the group provided the extension to "allow the court an appropriate amount of time" to consider the company's request for a temp restraining order. "We are confident in our position," Paschke said... Buckeye sued UNOS in federal court on Monday seeking an injunction that would stop the nonprofit group from blocking its access to the national transplant database system...

[The U.S. Health Resources and Services Administration] unveiled plans in March to overhaul the transplant system, including changes to the 37-year monopoly UNOS has held as manager of the organ database... Buckeye is potentially interested in bidding for a part of the contract UNOS now holds, according to company representatives. Its lawsuit contends UNOS "has monopolistic intent to squash the development of technology that could eventually supplant" the UNOS transplant system.
Thanks to long-time Slashdot reader belmolis for sharing the article.