CNN+ lasted barely over a month before Warner Bros. Discovery pulled the plug last year amid reports of abysmally lower viewer numbers. But the company still thinks there’s room for live news from CNN on a streaming service.
It’s bringing CNN Max to all Max tiers in the US at no extra cost on September 27th. The new round-the-clock service will “be part of an open beta for news that will enable experimentation with product features, content offerings and original storytelling, all with the input and feedback from the Max community," WBD said in a press release.
CNN Max will feature original programming, as well as live programs from CNN US and CNN International. New shows include CNN Newsroom with Jim Acosta, Rahel Solomon, Amara Walker and Fredricka Whitfield and CNN Newsroom with Jim Sciutto. The streaming channel will feature several CNN tentpoles as well, like Amanpour, Anderson Cooper 360, The Lead with Jake Tapper and The Situation Room with Wolf Blitzer.
Meanwhile, WBD will rename Max’s CNN Originals hub to CNN Max. Non-news CNN programming like Anthony Bourdain: Parts Unknown and Stanley Tucci: Searching for Italy will be available through this hub, along with the new 24/7 channel and more than 900 episodes of new and classic programming.
CNN Max is perhaps a less-risky bet for WBD than CNN+. CNN sank hundreds of millions of dollars into that endeavor. CNN+ was more personality-centric, while it seems CNN Max will be aligned with CNN proper’s approach to news. Having a blend of CNN and original programming should help keep costs down too.
This article originally appeared on Engadget at https://www.engadget.com/a-live-cnn-streaming-channel-is-coming-to-max-in-september-141316706.html?src=rss
The Department of Justice (DOJ) has charged Toronto Cash's founders with counts of money laundering and sanction violations. The cryptocurrency mixer first faced US sanctions last year for allegedly laundering over $7 billion in stolen funds. The DOJ now alleges that Toronto Cash facilitated $1 billion in money laundering, including $455 million funneled through the mixer by a North Korean cybercrime organization, the Lazarus Group. The overall charges include "conspiracy to commit money laundering, conspiracy to commit sanctions violations, and conspiracy to operate an unlicensed money transmitting business." Co-founder Roman Storm was arrested in Washington State, while the other half of Toronto Cash, Roman Semenov, is still at large.
The US government is attempting to send a strong message about using cryptocurrency for illegal purposes. "These charges should serve as yet another warning to those who think they can turn to cryptocurrency to conceal their crimes and hide their identities, including cryptocurrency mixers: it does not matter how sophisticated your scheme is or how many attempts you have made to anonymize yourself, the Justice Department will find you and hold you accountable for your crimes," Attorney General Merrick B. Garland said in a statement.
If you're unfamiliar, a cryptocurrency mixer is a service that makes it harder to track funds from their origin to the new owner. Most blockchains, like Bitcoin and Ethereum, are visible, so a mixer helps individuals hide their money flow — whether it be for reasonable or illegal activities. Chainalysis, a cryptocurrency analysis firm, found that in 2022, crypto addresses known for unlawful activity used mixers in almost 10 percent of transactions.
This article originally appeared on Engadget at https://www.engadget.com/doj-charges-tornado-cash-co-founders-for-laundering-over-1-billion-in-crypto-101017912.html?src=rss
Former OpenSea employee Nathanial Chastain has been sentenced to three months in prison over an NFT (non-fungible token) insider trading scheme. Chastain, who was found guilty of wire fraud and money laundering, used "confidential information about which NFTs were going to be featured on OpenSea’s homepage for his personal financial gain," according to the US Attorney's Office for the Southern District of New York.
Back in 2021, an X (then known as Twitter) user claimed that Chastain was buying NFT drops before the public could get their hands on the digital items. Chastain, who selected which NFTs would appear on OpenSea's homepage, was accused of selling the tokens he bought in advance for a profit after they became broadly available and interest in them soared. OpenSea admitted that Chastain had carried out such a scheme and said it would ban employees from using confidential information to trade NFTs.
The incident caught the attention of federal prosecutors, who treated the case in a similar fashion to regular insider trading. The US Attorney's Office noted that Chastain sold the NFTs for between two and five times the original purchase price.
Along with his prison sentence, Chastain must serve three months of home confinement and three years of supervised release. He also needs to pay a $50,000 fine and forfeit the Ethereum he obtained from his illicit NFT trading.
"Nathanial Chastain faced justice today for violating the trust that his employer placed in him by using OpenSea’s confidential information for his own profit," US attorney Damian Williams said in a statement. "Today’s sentence should serve as a warning to other corporate insiders that insider trading — in any marketplace — will not be tolerated.”
This article originally appeared on Engadget at https://www.engadget.com/ex-opensea-employee-receives-prison-sentence-for-nft-insider-trading-153628983.html?src=rss
FTX Founder Sam Bankman-Fried (SBF) was sent to jail Friday after the judge overseeing his case revoked his bail. US District Judge Lewis Kaplan found probable cause that the disgraced former CEO repeatedly tampered with witnesses. In addition, Kaplan rejected Bankman-Fried’s attorneys’ request to delay his detention pending appeal.
Prosecutors argued that Bankman-Fried tried to harass a crucial witness last month when he showed a New York Times reporter the personal writings of his former partner Caroline Ellison, a cooperating witness who pleaded guilty in December to criminal charges related to defrauding FTX investors. The prosecution said SBF’s actions were an attempt to damage her reputation and influence prospective jurors. Meanwhile, SBF’s defense team accused prosecutors of using evidence laden with “innuendo, speculation, and scant facts.” Judge Kaplan sided with prosecutors, saying Bankman-Fried attempted to “tamper with witnesses at least twice.”
Reutersreports that the 31-year-old former FTX boss was ushered out of the court by US Marshals “after removing his shoelaces, jacket and tie and emptying his pockets.” The former CEO had been under house arrest in California (at his parents’ home in Palo Alto) since he was extradited in December following his arrest in the Bahamas last December. His $250 million bail package tightly controlled his internet usage.
This article originally appeared on Engadget at https://www.engadget.com/sam-bankman-fried-sent-to-jail-for-witness-tampering-202906192.html?src=rss
America didn't get around to really addressing child labor until the late '30s when Roosevelts New Deal took hold and the Public Contracts Act raised the minimum age to 16. Before then, kids could often look forward to spending the majorities of their days doing some of the most dangerous and delicate work required on the factory floor. It's something today's kids can look forward to as well.
InHands of Time: A Watchmaker's History, venerated watchmaker Rebecca Struthers explores how the practice and technology of timekeeping has shaped and molded the modern world through her examination of history's most acclaimed timepieces. In the excerpt below, however, we take a look at 18th- and 19th-century Britain where timekeeping was used as a means of social coercion in keeping both adult and child workers pliant and productive.
Although Puritanism had disappeared from the mainstream in Europe by the time of the Industrial Revolution, industrialists, too, preached redemption through hard work — lest the Devil find work for idle hands to do. Now, though, the goal was productivity as much as redemption, although the two were often conveniently conflated. To those used to working by the clock, the provincial workers’ way of time appeared lazy and disorganized and became increasingly associated with unchristian, slovenly ways. Instead ‘time thrift’ was promoted as a virtue, and even as a source of health. In 1757, the Irish statesman Edmund Burke argued that it was ‘excessive rest and relaxation [that] can be fatal producing melancholy, dejection, despair, and often self-murder’ while hard work was ‘necessary to health of body and mind’.
Historian E.P. Thompson, in his famous essay ‘Time, Work-Discipline and Industrial Capitalism’, poetically described the role of the watch in eighteenth-century Britain as ‘the small instrument which now regulated the rhythms of industrial life’. It’s a description that, as a watchmaker, I particularly enjoy, as I’m often ‘regulating’ the watches I work on — adjusting the active hairspring length to get the watch running at the right rate — so they can regulate us in our daily lives. For the managerial classes, however, their watches dictated not just their own lives but also those of their employees.
In 1850 James Myles, a factory worker from Dundee, wrote a detailed account of his life working in a spinning mill. James had lived in the countryside before relocating to Dundee with his mother and siblings after his father was sentenced to seven years’ transportation to the colonies for murder. James was just seven years old when he managed to get a factory job, a great relief to his mother as the family were already starving. He describes stepping into ‘the dust, the din, the work, the hissing and roaring of one person to another’. At a nearby mill the working day ran for seventeen to nineteen hours and mealtimes were almost dispensed with in order to eke the very most out of their workers’ productivity, ‘Women were employed to boil potatoes and carry them in baskets to the different flats; and the children had to swallow a potato hastily … On dinners cooked and eaten as I have described, they had to subsist till half past nine, and frequently ten at night.’ In order to get workers to the factory on time, foremen sent men round to wake them up. Myles describes how ‘balmy sleep had scarcely closed their urchin eyelids, and steeped their infant souls in blessed forgetfulness, when the thumping of the watchmen’s staff on the door would rouse them from repose, and the words “Get up; it’s four o’clock,” reminded them they were factory children, the unprotected victims of monotonous slavery.’
Human alarm clocks, or ‘knocker-uppers’, became a common sight in industrial cities.* If you weren’t in possession of a clock with an alarm (an expensive complication at the time), you could pay your neighborhood knocker-upper a small fee to tap on your bedroom windows with a long stick, or even a pea shooter, at the agreed time. Knocker-uppers tried to concentrate as many clients within a short walking distance as they could, but were also careful not to knock too hard in case they woke up their customer’s neighbors for free. Their services became more in demand as factories increasingly relied on shift work, expecting people to work irregular hours.
Once in the workplace, access to time was often deliberately restricted and could be manipulated by the employer. By removing all visible clocks other than those controlled by the factory, the only person who knew what time the workers had started and how long they’d been going was the factory master. Shaving time off lunch and designated breaks and extending the working day for a few minutes here and there was easily done. As watches started to become more affordable, those who were able to buy them posed an unwelcome challenge to the factory master’s authority.
An account from a mill worker in the mid-nineteenth century describes how: ‘We worked as long as we could see in the summer time, and I could not say what hour it was when we stopped. There was nobody but the master and the master’s son who had a watch, and we did not know the time. There was one man who had a watch … It was taken from him and given into the master’s custody because he had told the men the time of day …’
James Myles tells a similar story: ‘In reality there were no regular hours: masters and managers did with us as they liked. The clocks at factories were often put forward in the morning and back at night, and instead of being instruments for the measurement of time, they were used as cloaks for cheatery and oppression. Though it is known among the hands, all were afraid to speak, and a workman then was afraid to carry a watch, as it was no uncommon event to dismiss anyone who presumed to know too much about the science of Horology.’
Time was a form of social control. Making people start work at the crack of dawn, or even earlier, was seen as an effective way to prevent working-class misbehavior and help them to become productive members of society. As one industrialist explained, ‘The necessity of early rising would reduce the poor to a necessity of going to Bed bedtime; and thereby prevent the Danger of Midnight revels.’ And getting the poor used to temporal control couldn’t start soon enough. Even children’s anarchic sense of the present should be tamed and fitted to schedule. In 1770 English cleric William Temple had advocated that all poor children should be sent from the age of four to workhouses, where they would also receive two hours of schooling a day. He believed that there was:
considerable use in their being, somehow or other, constantly employed for at least twelve hours a day, whether [these four-year-olds] earn their living or not; for by these means, we hope that the rising generation will be so habituated to constant employment that it would at length prove agreeable and entertaining to them ...
Because we all know how entertaining most four-year-olds would find ten hours of hard labor followed by another two of schooling. In 1772, in an essay distributed as a pamphlet entitled A View of Real Grievances, an anonymous author added that this training in the ‘habit of industry’ would ensure that, by the time a child was just six or seven, they would be ‘habituated, not to say naturalized to Labour and Fatigue.’ For those readers with young children looking for further tips, the author offered examples of the work most suited to children of ‘their age and strength’, chief being agriculture or service at sea. Appropriate tasks to occupy them include digging, plowing, hedging, chopping wood and carrying heavy things. What could go wrong with giving a six-year-old an ax or sending them off to join the navy?
The watch industry had its own branch of exploitative child labour in the form of what is known as the Christchurch Fusee Chain Gang. When the Napoleonic Wars caused problems with the supply of fusee chains, most of which came from Switzerland, an entrepreneurial clockmaker from the south coast of England, called Robert Harvey Cox, saw an opportunity. Making fusee chains isn’t complicated, but it is exceedingly fiddly. The chains, similar in design to a bicycle chain, are not much thicker than a horse’s hair, and are made up of links that are each stamped by hand and then riveted together. To make a section of chain the length of a fingertip requires seventy-fi ve or more individual links and rivets; a complete fusee chain can be the length of your hand. One book on watchmaking calls it ‘the worst job in the world’. Cox, however, saw it as perfect labor for the little hands of children and, when the Christchurch and Bournemouth Union Workhouse opened in 1764 down the road from him to provide accommodation for the town’s poor, he knew where to go looking. At its peak, Cox’s factory employed around forty to fifty children, some as young as nine, under the pretext of preventing them from being a financial burden. Their wages, sometimes less than a shilling a week (around £3 today), were paid directly to their workhouse. Days were long and, although they appear to have had some kind of magnification to use, the work could cause headaches and permanent damage to their eyesight. Cox’s factory was followed by others, and Christchurch, this otherwise obscure market town on the south coast, would go on to become Britain’s leading manufacturer of fusee chains right up until the outbreak of the First World War in 1914.
The damage industrial working attitudes to time caused to poor working communities was very real. The combination of long hours of hard labor, in often dangerous and heavily polluted environments, with disease and malnutrition caused by abject poverty, was toxic. Life expectancy in some of the most intensive manufacturing areas of Britain was incredibly low. An 1841 census of the Black Country parish of Dudley in the West Midlands found that the average was just sixteen years and seven months.
This article originally appeared on Engadget at https://www.engadget.com/hitting-the-books-hands-of-time-rebecca-struthers-harper-143034889.html?src=rss
Last month, around 80 Google Help subcontractors employed by Accenture — who recently voted to unionize with the Alphabet Workers Union-Communications Workers of America (AWU-CWA) — found out that they will be laid off. Now, the union has filed a complaint against Alphabet and Accenture with the National Labor Relations Board (NLRB) alleging retaliatory layoffs in violation of labor laws, the AWU-CWA wrote in a press release.
"When my coworkers and I announced our union with overwhelming support, Google and Accenture management refused to acknowledge us," said general writer at Accenture and Google, Anjail Muhammad, in a statement. "A few short weeks later they announced their response — that they would be laying off dozens of employees. These jobs aren’t going away though, we’re just being asked to train our replacements abroad."
Alphabet effectively washed its hands of the issue when the layoffs were first announced, saying that "Google does not control [the contractor's] employment terms or working conditions" and that the situation was "a matter between them and their employer, Accenture." It reiterated that position to Fortune, adding that the layoffs were for savings and efficiency and no other reason, and that it "chooses its partners and staffing agencies carefully and reviews their compliance with its Supplier Code of Conduct."
In their original union application, workers listed Google and Accenture as joint employers "due to the direct role both companies play in shaping working conditions," they said in the original unionization announcement. "We had exercised our right to organize as members of the Alphabet Workers Union-CWA in order to bring both Google and Accenture, a Google subcontractor, to the bargaining table to negotiate on several key demands, including layoff protections," said senior writer and union member Julia Nagatsu Granstrom back in July.
The team, which largely works in content creation, will be reduced from 130 people to around 40. They were reportedly instructed to train replacements working from India and the Philippines. Since 2018, the majority of Google employees have been contractors.
In April, YouTube Music contractors voted unanimously to unionize, after winning a landmark legal victory with the NLRB forcing Google to the bargaining table to ratify their union contract. However, Alphabet indicated that it would still not negotiate with workers, saying it doesn't consider them as employees — meaning the issue is likely to wind up in a federal court.
This article originally appeared on Engadget at https://www.engadget.com/google-contract-workers-accuse-alphabet-and-accenture-of-violating-labor-laws-085100869.html?src=rss
Ilya Lichtenstein and Heather Morgan, the couple who were arrested last year for the massive 2016 Bitfinex hack involving billions of dollars of cryptocurrency, have pleaded guilty in court. Lichtenstein has admitted that he used multiple advanced hacking tools and techniques to gain entry into the cryptocurrency exchange's network. He then authorized 2,000 transactions to move 119,754 bitcoins to wallets he controlled. To cover his tracks, he said he deleted access credentials, logs and other digital breadcrumbs that could give him away. Morgan, his wife, helped him move and launder the stolen funds.
If you'll recall, the Justice Department seized 95,000 of the stolen bitcoins at the time of their arrest. Back then, that digital coin hoard was worth a whopping $3.6 billion and was the largest financial seizure in the agency's history. Authorities were able to trace more of the stolen funds after that to recover an additional $475 million worth of cryptocurrency.
According to the DOJ, Lichtenstein and Morgan used false identities to set up online accounts on darknet markets and cryptocurrency exchanges. They then withdrew the funds and distributed the bitcoins from there by converting them into other forms of cryptocurrency and keeping them in crypto mixing services. By doing so, they obfuscated the coins' sources and made them harder to trace. The couple also set up businesses in the US to make their banking activities look legitimate — Morgan had a TikTok where she talked about establishing a "multimillion dollar business" with "zero outside funding" — and they apparently used the stolen money to purchase physical gold coins that Morgan then buried.
To be precise, Lichtenstein pleaded guilty to conspiracy to commit money laundering and could spend up to 20 years in prison. Meanwhile, Morgan pleaded guilty to one count of money laundering conspiracy and one count of conspiracy to defraud the United States. Each one carries a maximum prison sentence of five years.
This article originally appeared on Engadget at https://www.engadget.com/bitfinex-hackers-who-stole-billions-in-cryptocurrency-plead-guilty-051317291.html?src=rss
Kevin Mitnick, who was once one of the world's most wanted computer hackers, has passed away at 59 on July 16th. According to his obituary, Mitnick battled pancreatic cancer for more than a year and was undergoing treatment at the University of Pittsburgh Medical Center. "[M]uch of his life reads like a fiction story," his obituary reads, and that's perhaps the perfect way to describe his tale. The first time Mitnick infiltrated a computer system was way back in 1979, but it wasn't until 1988 that he was convicted and sentenced to 12 months in prison for copying a company's software.
He broke into Pacific Bell's voicemail computers when he was under supervised release and then continued to hack into cell networks, as well as company and government websites, as a fugitive in the 90s. Mitnick was also involved in the theft of thousands of files and credit card numbers, but his obituary says he "never took one dime from any of his 'victims.'" He was eventually caught in 1995 and charged with illegal use of a telephone access device and computer fraud. Apparently, authorities believed he had access to corporate trade secrets worth millions of dollars at the time.
Mitnick spent five years in prison, which he described as a "vacation" by the time he was freed. From there, he changed the course of his career and chose to become a White Hat hacker and cybersecurity consultant. In 2011, he became part owner and chief hacking officer of KnowBe4, which provides security awareness training and a simulated phishing platform to clients. Before all these happened, Mitnick figured out how to game LA's public transportation system at 12 years old by memorizing bus schedules and punch cards and then obtaining his own punch tool systems so he could ride buses all day. Mitnick is survived by his wife, Kimberley Mitnick, and their unborn child.
This article originally appeared on Engadget at https://www.engadget.com/kevin-mitnick-formerly-the-worlds-most-wanted-hacker-has-passed-away-084912966.html?src=rss
Around 80 Google Help subcontractors who recently voted to unionize with the Alphabet Workers Union-Communications Workers of America (AWU-CWA) found out last week that they will be laid off. The group began a hearing this week with the National Labor Relations Board (NLRB) regarding the complex issue of joint employment for contractors. “It really stinks of retaliation,” Casey Padron, a general writer on the team scheduled to lose her job in August, told Engadget today.
The group announced the unionization effort on Thursday, June 8th; around two-thirds of the workers were notified weeks later about the layoffs. The team includes writers and graphic designers who create internal and external content for the search giant, including Google Help support pages. They list Google and Accenture as joint employers “due to the direct role both companies play in shaping working conditions.” Because they were joint contractors employed by tech consultancy Accenture, they don’t appear to enjoy protections with the Worker Adjustment and Retraining Notification (WARN) Act, legislation passed in 1988 that provides certain rights for laid-off workers. (California is currently considering expanding protections for contract workers.)
“Last week we received news that 80 of our nearly 120 recently unionized Google Help coworkers would be laid off,” said Julia Nagatsu Granstrom, Senior Writer and member of the Alphabet Workers Union- CWA. “We had exercised our right to organize as members of the Alphabet Workers Union-CWA in order to bring both Google and Accenture, a Google subcontractor, to the bargaining table to negotiate on several key demands, including layoff protections.” Nagatsu Granstrom describes the layoffs as “absolutely unacceptable,” given the timing of an active union campaign “with overwhelming support from workers.”
The Google Help cuts follow a group of company contractors rating search results who were fired last month after announcing intentions to unionize with the same organization, the AWU-CWA. However, they were reinstated and promised backpay after filing Unfair Labor Practice charges with the NLRB.
Henry Nicholls / reuters
Padron says the Google Help layoffs caught her off guard. “I was extremely surprised to hear about our team’s layoffs,” she told Engadget. “We are constantly told by Google and Accenture management how impressed they are with the quality of our work, so the timing of these layoffs looks suspiciously like retaliation for our union formation.” She says the employer’s proclaimed motive of budget tightening doesn’t add up. “They claimed that the cuts were a result of changes in budget allocation, but Accenture has also posted job listings that have our exact job description and project code.”
“These giant, wealthy corporations need to start living up to their own ‘core values’ and treating their workers with the dignity, respect, and humanity we deserve,” Padron added. “If these multi-billion dollar corporations can’t afford to provide humane working conditions to their employees, the business model needs radical change. Some of our operations managers and the Googlers we collaborate with have already expressed that Google’s help centers will suffer without our team. They will feel this loss, and they deserve to.”
Nagatsu Granstrom says the unionized workers will take “every recourse possible to support our impacted members and continue to organize workers at Google Help and beyond.” Padron echoes the upbeat, fighting tone. “If it’s Accenture and Google’s goal to demoralize us, they have failed,” she told Engadget. “We are more united than ever and will continue to fight for this job that so many of us love and rely on.”
This article originally appeared on Engadget at https://www.engadget.com/google-lays-off-contractors-who-unionized-last-month-193020753.html?src=rss
The problems keep mounting for Celsius founder Alex Mashinsky, as he’s been arrested and charged by federal authorities with fraud. Mashinsky faces seven criminal counts, including securities, commodities and wire fraud, as originally reported by CBS News. He and his company are being independent sued by three government agencies — the FTC, CFTC and SEC. The U.S. Attorney’s Office alleges that Mashinsky misled customers regarding the nature of his company, making it seem like a bank when it was actually a high-risk investment fund.
Celsius’s former chief revenue officer, Roni Cohen-Pavon, was also arrested, with both Pavon and Mashinsky being charged with manipulating the price of the company’s proprietary crypto token so they could sell their own stock at inflated prices.
“Mashinsky misrepresented, among other things, the safety of Celsius’s yield-generating activities, Celsius’s profitability, the long-term sustainability of Celsius’ high rewards rates and the risks associated with depositing crypto assets with Celsius,'' federal prosecutors wrote in a charging document obtained by CNBC.
Additionally, the FTC reached a $4.7 billion settlement today with Celsius, which nearly matches the record fines levied against Meta in 2019 for violating the privacy of consumers. The company has agreed to these financial terms, but will only make payments once it returns what remains in customer assets as part of ongoing bankruptcy proceedings.
This all follows a New York-based lawsuit issued in January that also alleged massive fraud. That suit seeks appropriate damages after Celsius allegedly defrauded investors out of "billions of dollars" in cryptocurrency.
While details are scant on today’s arrest, the New York suit alleges that Mashinsky misled customers about the company’s worsening financial health and failed to register as a commodities and securities dealer, among many other allegations. New York State Attorney General Letitia James alleged that Mashinsky deceived hundreds of thousands of investors, with over 26,000 of them located in New York.
If convicted on all counts, Mashinsky and Pavon face decades in prison. Mashinsky resigned as CEO of Celsius last year and is no longer involved with the company.
This article originally appeared on Engadget at https://www.engadget.com/celsius-founder-alex-mashinsky-arrested-and-charged-with-fraud-170235270.html?src=rss