Connect with us

Tech

Netflix & Spotify hacker to pay back $1.66 million in stolen cash & crypto

Published

on

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”.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

Business

Elon Musk’s stunning u-turn on Twitter deal

Published

on

Billionaire and Tesla CEO Elon Musk has agreed to proceed with his 44 billion dollar takeover of Twitter.

In a letter to the social media giant, Musk says he will pay the price he agreed to months ago before he tried to backflip on the deal.

This announcement comes just weeks before the two parties were due to appear in court, with Twitter execs furious over Musk’s attempt to walk away.

Musk says he intends to move ahead with the deal and, pending financing, has requested the legal fight is brought to a halt.

Twitter shares have shot through the roof off the back of this news, soaring 22 per cent before trading was paused.

In April, Musk agreed to buy the social media giant for $54.20 a share, which brings the total price to roughly 44 billion.

Taking to Twitter at the time to announce his intentions, he said he wanted to clean up the platform and champion free speech.

But of course just a few weeks later, he bailed, leaving Twitter in the lurch.

Musk claimed the network had a whole lot more fake accounts than execs were leading on… hence his decision to back away.

Twitter staunchly denied these claims and commenced legal proceedings.

But here we are back at square one and for now at least, it seems like the deal is going to happen.

Continue Reading

Business

Apple’s iPhone in for massive change

Published

on

The European Union has voted to standardize phone chargers across the bloc, meaning that Apple will have to switch to the USB-C connector on its devices from 2024.

The move comes as part of a wider effort to reduce electronic waste and make life easier for consumers, who will no longer have to carry around multiple chargers for different devices.

USB-C is already the standard charger on Android products, and  other companies have already started using it on their devices. Apple has been one of the holdouts, but it looks like that’s about to change.

The new rules will come into effect in two years’ time, so we could see a new generation of Apple devices with USB-C chargers from 2024 onwards.

Continue Reading

Tech

FINALLY Twitter brings an edit button – but not for all

Published

on

Twitter is giving some users a much-needed edit button

The feature will be rolled out to Twitter Blue users in Australia, Canada and New Zealand.

It follows a series of trials, which apparently went quite well.

U.S. tweeters will have to wait a little longer, with the company saying it is “coming soon”.

The ‘Edit Tweet’ function will allow people to make changes to their Tweet after it’s been published.

In a company blog post, Twitter says that users should think of it as a short period of time to fix things like typos, and add missed tags.

The tool will let users edit a tweet up to five times within 30 minutes of posting.

Continue Reading

Trending Now

Copyright © 2022 The Ticker Company PTY LTD