The man who hacked and sold Netflix and Spotify subscriptions is being ordered by police to forfeit his money
The Australian Federal Police are asking for more than 1.66 million dollars in cryptocurrency and cash will be returned to the Commonwealth.
The convicted 23 year old worked with a man in the U-S to steal customer’s log-in details, selling them at a lower price online.
He pleaded guilty to the crimes in October 2020 and faced restraining order over several banking accounts presumed to belong to him.
The requested 1.2 million dollars in cryptocurrency will mark the largest confiscation of cryptocurrency by the Commonwealth.
The amount will be used to improve cyber safety, crime prevention and law enforcement.
The Minister for Home Affairs says the government “Will continue to fund projects and initiatives that make it harder for criminals to prey on Australians, by using proceeds of crime that are seized from criminals themselves”.
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Meta to launch microblogging competitor in wake of Twitter backlash
The recent backlash against Musk’s proposed tweet cap could prove to be the perfect time to launch the competitor
Meta Platforms, the company behind Facebook, plans to launch a microblogging app called Threads on Thursday, to operate as a direct competitor to Twitter.
The launch comes just days after Twitter boss Elon Musk attracted criticism by announcing limits to how many posts users could read on the platform.
Threads will allow users to directly port their followers from Instagram, another app owned by the company, and to keep the same username. This feature will allow users to supercharge the often slow process of building a following on the new site.
While other apps such as Mastodon and Blue Sky have failed to present much of a challenge to Twitter, Threads is launching after a period of intense criticism and scepticism of Twitter, which followed Musk’s US$44 billion purchase of the platform in 2022.
Musk has made significant staffing cuts in areas like content moderation which has caused a rift with advertisers. He has also implemented several elements such as an US$8 per month account verification system which has proved unpopular with users.
Instagram boasts roughly 2.3 billion users compared to Twitter’s almost 400 million, which poses a significant user advantage from which to draw from.
Why is OpenAI’s ChatGPT being sued in the United States?
OpenAI sued for stealing everything anyone has ever written on the Internet
A class action lawsuit has been filed against OpenAI, the creator of ChatGPT.
The suit claims that the company’s ‘AI’ training methods violate the privacy and copyright of numerous individuals who have shared content online.
So, what does this mean for new breakthrough ‘AI’ programs and software?
Oz Sultan, the Chief Strategist with the Sultan Interactive Group joins us to discuss. #ai #artificialintelligence #tech #technology #openai #chatgpt
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