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MoviePass Settles with FTC Over Fraud, Data Security Issues

MoviePass, which shut its doors in January 2019, just settled with the Federal Trade Commission over allegations that it prevented customers from using the service as advertised and did not protect their data privacy. The company offered users one movie ticket per day for any movie at any theater for $9.95 a month but soon had to raise subscription fees and limit movie tickets. The FTC accused the company of deceptively marketing its services, invalidating customer passwords to prevent users from obtaining tickets, and failing to secure user data. Read more

IBM Strikes 5-Year Deal with UK for AI, Quantum Computing

IBM inked a five-year deal with the UK’s Science and Technology Facilities Council (STFC) to collaborate on artificial intelligence and quantum computing. The program, worth $297.5 million (£210 million) and aimed at developing sustainable technologies, will hire 60 scientists and gather interns and students to work at the newly established Hartree National Centre for Digital Innovation (HNCDI) to “apply AI, high performance computing (HPC) and data analytics, quantum computing, and cloud technologies” to research goals. Read more

Facebook Will No Longer Offer Politicians Special Treatment

Facebook revealed that former President Donald Trump’s suspension from its platform would last for at least two years. Trump will be eligible for reinstatement on the social network in January 2023, before the next U.S. presidential election. At that time, experts will decide “whether the risk to public safety has receded.” Further violations would trigger “rapidly escalating sanctions” and potentially a permanent suspension. The company also announced that it would end its policy of treating the posts of world leaders and other politicians differently than those of other Facebook users. Read more

FBI Director Raises Alarm Over Ransomware Threats to U.S.

The FBI is investigating 100 ransomware variants, stated director Christopher Wray, who revealed that many of them trace back to Russian hackers. He noted that the cyberattacks share “a lot of parallels … a lot of importance, and a lot of focus by us on disruption and prevention” with the September 11 terrorist attacks. Most recently, a ransomware attack on Colonial Pipeline cost its operators $4.4 million to regain control and restore services (however, federal authorities recovered $2.3 million in cryptocurrency yesterday). Another attack targeted JBS, the world’s largest meat processing company.  Read more

Amazon Sidewalk Will Launch Mesh Networks for IoT Devices

On June 8, Amazon will introduce its new Amazon Sidewalk program that allows some small smart devices — Ring Floodlight and Spotlight cameras, for example, and Echo Dot smart speakers and Echo Show smart displays — to share low-bandwidth home Wi-Fi networks among neighboring Amazon customers. On June 14, the network will expand to include third-party product Tile, connected to keys. All devices will become part of Amazon Sidewalk by default. The idea is that if one network drops out, the device can move to another nearby signal.

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