
Bitcoin Nosedive Jolts Crypto Market Out of Its Summer Stupor
Bitcoin has had a sleepy summer. This week, it was shaken awake. For the past several months, the
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Thanks to a Privacy Breach, Facebook May Owe You Some Money—But You Have Just a Week Left to Collect
There's a week left to file a claim for your (small) share of a $725 million settlement.
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US Warns Space Industry of Growing Risks of Spying and Satellite Attacks
The US intelligence community is warning the domestic space industry of the growing risk of espionage and satellite
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SEC Moves to Appeal Ripple Ruling That XRP Token Is Not a Security
The Securities and Exchange Commission asked a federal judge for permission to appeal her ruling that Ripple Labs’
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X to Get Rid of Ability to Block Accounts, Owner Elon Musk Says
X, the social media platform formerly known as Twitter, will remove the ability for users to block other
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Arm’s Revenue Fell Last Year Ahead of IPO, Draft Filing Shows
Arm Ltd., a chip designer that is preparing for what would be the biggest initial public offering of
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AI Regulations Would Enrich China, Limit Competition, DeSantis Says
Florida Governor Ron DeSantis said regulations on artificial intelligence would protect a handful of companies from competition, entrench
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Palo Alto Network’s Odd Summer Friday Report Has Wall Street Asking Why
Palo Alto Networks Inc. investors are cautious ahead of the cybersecurity firm’s fiscal fourth-quarter results, which will be
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iOS 17: New iPhone update changes location of ‘end call’ button, causing controversy
Apple is making a small but already controversial tweak in the upcoming iPhone update. The company revealed iOS 17 at its Worldwide Developers Conference, in June. It showed off a range of features: new images that will show when you call someone, redesigned messages and stickers, and a new “StandBy” mode that allows the phone to be used as an ambient display when turned on its side. But another change has already received as much discussion as those more substantial updates. And it relates to the button you use to put the phone down. Until now, that button was in the middle of the screen, on its own. That meant among other things it was easy to press without accidentally hitting anything else, and that you could be confident of doing so. But a recent update to the iOS 17 beta – which allows users to test out the new software as it is developed, before everyone else – moved that button to the bottom-right of the screen, and put it alongside other buttons. Then another update to that beta arrived this week, which moved that back to the middle of the bottom of the display, but still left it among other buttons. The relocation is already proving controversial among users who are adjusted to knowing where to press to end their call. Moving the buttons together at the bottom of the display is presumably an attempt to leave more space for the new Contact Posters that show when someone calls. But it is not clear why Apple moved the button around, and then replaced it. The change is just one of a range of alterations to the usually neglected Phone app in iOS 17. The update also brings new Contact Posters that people can design to show on others’ phones when they call, the option to leave a message when someone doesn’t pick up FaceTime calls, and a new live voicemails tool that answers the phone on your behalf and transcribes what people say. The full release of iOS 17 is expected to come next month, just before the launch of the iPhone 15. That too will make a change to the real buttons on the device: widespread rumours suggest that the toggle on the side of the phone that switches into silent mode will be replaced with an “action button” that can be configured by the user. Read More Bitcoin’s price is crashing dramatically AI poses a profound threat – but could also help save us, experts agree Study finds popular accessory likely makes no difference to sleep quality, eye health
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10 Useful Gadgets That Will Help You Turn Your Old Car Into a Smart Car
Want to upgrade your ride without dropping a small fortune on a new one? With these affordable smart car accessories, you can.
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Bitcoin price dramatically crashes amid market worries
Bitcoin’s price has crashed dramatically, amid what seems to be a broader worry in the financial markets. The world’s biggest cryptocurrency has fallen more than 7 per cent over the last 24 hours, and almost 12 per cent in the last week. Other large digital currencies saw similar falls, though not as stark. Ethereum, the second biggest cryptocurrency by market cap, has lost around 10 per cent of its value in the last week. The troubles mean that the crypto market as a whole is down 5.7 per cent over the last 24 hours, according to tracking website Coinmarketcap. Trading volumes increased sharply, too, and were up almost 80 per cent over the last 24 hours. Thursday’s drop in the price of the cryptocurrency was the biggest one day fall since November 2022. That happened when large exchange FTX collapsed, sending shockwaves through the crypto markets and leading to widespread fears. This time around, there was no obvious connection to events in the cryptocurrency market. Instead, investors seemed concern about the economy more generally, and more traditional assets were also hit by falls in recent days. Wall Street’s main indexes fell on Friday, extending declines to the fourth session on a drag from megacap growth stocks, as evidence of a resilient U.S. economy fanned fears of interest rates staying higher for longer. The three main US stock indexes are on track for sharp weekly losses as a spate of strong economic data, including a fall in weekly jobless claims, caused investors to dial back expectations of rate cuts and drove up government bond yields. The yield on the 10-year Treasury note hit a ten-month high of 4.328 per cent in the previous session and came within a whisker of its highest level since 2007. “The drivers really have been of late the rising Treasury yields and that is signaling a more risk-off investor sentiment,” said Art Hogan, chief market strategist at B Riley Wealth. “Investors are looking at (better-than-expected economic data) and saying the Fed likely isn’t restrictive enough yet.” Traders see a nearly 91% chance of the Fed holding rates at current levels at its September meeting, according to the CME Group’s FedWatch tool. On Friday, rate-sensitive big technology and growth stocks such as Apple, Microsoft, Tesla and Nvidia slipped between 0.7% and 2.8% even as Treasury yields took a breather. The communication services and technology sectors housing major growth stocks fell 1.6% and 1.0% respectively. The tech-heavy Nasdaq hit an over two-month low and is set to post the biggest weekly declines of the three major indices, down 3 per cent so far. The CBOE volatility index hit its highest in nearly three months, reflecting rising investor anxiety. Additional reporting by Reuters
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Haggling With Hackers: Surprising Lessons From 50 Negotiations With Ransomware Gangs
The prevailing wisdom from cybersecurity experts is that trying to negotiate with ransomware hackers is
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