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

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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.

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Amazon extends Prime Day to week-long sales event

Amazon extends Prime Day to a week, aiming for higher sales and new Prime memberships amid consumer tariff concerns.

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Amazon extends Prime Day to a week, aiming for higher sales and new Prime memberships amid consumer tariff concerns.

In Short:
Amazon is extending Prime Day to a full week to boost sales and attract new members, with projections of $12.9 billion in U.S. sales. The longer event allows for more advertising opportunities and themed discount days to entice shoppers amidst declining consumer confidence.

Amazon is extending Prime Day to a full week, aiming to attract more shoppers and gain new Prime members. The promotion, starting Tuesday, is projected to generate $12.9 billion in U.S. sales, a 53% increase from last year.

Previously a one-day event offering significant discounts, Prime Day has expanded, now including themed days like book day and pet day. Sales growth during Prime Day has slowed, remaining in single digits recently, prompting Amazon to innovate with discounts year-round.

Shoppers are expected to look for bargains on electronics and goods potentially affected by tariffs this year, reflecting declining consumer confidence. Brandon Fuhrmann, a third-party seller, expects to see notable sales but cannot predict demand due to the promotion’s length. He anticipates outpacing regular July sales, even toward the end of the week. The longer event increases advertising opportunities, contributing to Amazon’s growing advertising revenue, which exceeds $50 billion annually.

Many sellers plan to invest heavily in advertisements to outperform competitors during this extended period. Ryan Close, CEO of Bartesian, intends to use the event to test Amazon’s advertising tools and attract attention to his products with significant discounts.

Amazon aims to recruit new subscribers for its $139 annual Prime membership, promoting benefits like rapid shipping and streaming services.

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Trump retreats in tech war with China – But why?

Trump reverses software rule for semiconductors; is the U.S.-China tech war calming? Insights from Brad Gastwirth.

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Trump reverses software rule for semiconductors; is the U.S.-China tech war calming? Insights from Brad Gastwirth.


In a stunning shift, the Trump administration has reversed a key rule restricting U.S. software used to design semiconductors.

Is the tech war with China cooling? Or is this just a calculated pause?

We ask Brad Gastwirth about the role of rare earths, diplomacy, and what it means for global chipmakers.

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#TechWar #ChinaTrade #Semiconductors #TrumpPolicy #ChipMakers #EDA #BradGastwirth #TickerNews

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Qantas cyber attack affects six million customers’ data

Qantas reports cyber attack affecting up to six million customers, compromising personal data but not financial details.

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Qantas reports cyber attack affecting up to six million customers, compromising personal data but not financial details.

In Short:
Qantas confirmed a cyber attack affecting up to six million customers, compromising personal information like names and email addresses, but not financial details. CEO Vanessa Hudson apologised and reassured that operations remain safe, while urging customers to utilise online security measures.

Qantas has confirmed that up to six million customers have been impacted by a significant cyber attack.

The airline stated that while passport and financial details were not compromised, hackers accessed personal information including names, email addresses, frequent flyer numbers, and dates of birth.

Suspicious activity was detected on Monday concerning a third-party platform utilized by Qantas contact centres. The airline acted immediately to contain the breach, asserting that operations and safety remain untouched.

Qantas specified that credit card information, financial data, and passport details were not stored in the compromised system. No frequent flyer accounts, passwords, or PINs were affected.

Qantas can confirm that a cyber incident has occurred in one of its contact centres impacting customer data. The system is now contained.

We understand this will be concerning for customers. We are currently contacting customers to make them aware of the incident, apologise and provide details on the support available.

The incident occurred when a cyber criminal targeted a call centre and gained access to a third party customer servicing platform.

There is no impact to Qantas’ operations or the safety of the airline.

Chief executive Vanessa Hudson apologised to customers and ensured collaboration with various cybersecurity authorities, including the Australian Cyber Security Centre and the Federal Police.

Hudson acknowledged the anxiety this incident may cause, affirming their commitment to customer data protection. Qantas is in the process of reaching out to affected customers to offer support.

The cyber attack follows similar incidents affecting other airlines, underlining the ongoing risks to travel companies.

A government spokesperson recommended that customers contact Qantas for assistance and suggested basic online security measures such as updating software, using strong passwords, and enabling multi-factor authentication.

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