Category Archives: Business

They Cracked the Code to a Locked USB Drive Worth $235 Million in Bitcoin. Then It Got Weird

Stefan Thomas lost the password to an encrypted USB drive holding 7,002 bitcoins. One team of hackers believes they can unlock it—if they can get Thomas to let them.

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The Hamas Threat of Hostage Execution Videos Looms Large Over Social Media

Hamas has threatened to broadcast videos of hostage executions. With the war between Israel and Hamas poised to enter a new phase, are social platforms ready?

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The GitHub Black Market That Helps Coders Cheat the Popularity Contest

Popularity on GitHub can open valuable doors for developers and startups. Underground stores sell “stars” on the platform, offering coders a way to literally fake it till they make it.

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Britain’s Big AI Summit Is a Doom-Obsessed Mess

UK prime minister Rishi Sunak’s global summit on AI governance will focus on extreme scenarios of algorithms causing harm. Many British AI experts would rather he focus on near-term problems.

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‘The Black Book’ Is Nigeria’s First Runaway Netflix Hit

A Nollywood thriller shot for $1 million has topped Netflix charts as far away as South Korea, showing streamers the potential of African cinema.

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Palestinians Claim Social Media ‘Censorship’ Is Endangering Lives

Alleged censorship of social media and disruptions to electricity and internet access have meant people under fire in Gaza can’t get the information they need to survive.

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What Techno-Billionaire Marc Andreessen Missed In His Techno-Optimism Manifesto

Venture capitalist Marc Andreessen’s Techno-Optimist manifesto is correct to say technology can make the world a better place—but misses the mark on so much else.

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Sam Bankman-Fried’s Lawyers Are Doing Just Fine, Actually

The defense in the FTX cofounder’s trial have been accused of failing to land any blows during cross-examination. They might be doing the best they can with a weak hand.

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Citing Hamas, the US Wants to Treat Crypto “Mixers” as Suspected Money Launderers

With a new emphasis on the Hamas attacks on Israel, the US Treasury has proposed designating foreign cryptocurrency “mixer” services as money launderers and national security threats.

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Crypto Groups Gemini, Genesis, and DCG Sued for $1.1 Billion ‘Fraud’

New York’s attorney general has filed a lawsuit against crypto companies, including the Winkelvoss twins’ Gemini, alleging they misled investors.

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