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Wall Street is gearing up to introduce a new wave of speculative products in the cryptocurrency industry following the election of a crypto-friendly president. Exchange-traded funds (ETFs) linked to cryptocurrencies like Bitcoin are attracting significant interest, with plans for more diverse and risky ETFs in the works. The industry anticipates a more favorable regulatory environment under the new administration, leading to increased product offerings catering to institutional investors, day traders, and retail investors. The rise in interest and optimism surrounding cryptocurrencies has led to a surge in Bitcoin's price and a push for innovative ETF products beyond traditional offerings. [Extracted from the article]

North Carolina Attorney General Josh Stein, a Democrat, won the gubernatorial election, defeating Republican Mark Robinson. Stein campaigned on his record of suing companies for various issues and emphasized public safety and personal health-care decisions. Robinson faced controversy over alleged racist remarks in online forums, which he denied and sued CNN for defamation. [Extracted from the article]

North Carolina Attorney General Josh Stein, a Democrat, won the gubernatorial election, defeating Republican Mark Robinson. Stein campaigned on his record of suing companies for various issues and emphasized public safety and personal health-care decisions. Robinson faced controversy over reports of racist comments in online forums, which he denied and sued CNN for defamation. [Extracted from the article]

The article discusses the rise of a Reddit community called LinkedIn Lunatics, which critiques cringey and awkward posts on LinkedIn. The platform has evolved from a professional networking site to include more personal content, prompting criticism and parody posts. Despite the backlash, LinkedIn's growth has not been significantly impacted, with over 1 billion users and $16 billion in annual sales. The article highlights the need for a balance between personal and professional content on LinkedIn, as users navigate the changing landscape of the platform. [Extracted from the article]

The article discusses the rise of parody and cringeworthy posts on LinkedIn, particularly on a subreddit called LinkedIn Lunatics. The platform has evolved from a professional networking site to one where personal content, sometimes awkward or inappropriate, is shared. Despite criticism, LinkedIn's growth has not been affected, with over 1 billion users and $16 billion in annual sales. The article highlights the need for a balance between personal and professional content on the platform, as well as the lessons that can be learned from the behavior observed on LinkedIn Lunatics. [Extracted from the article]

Chinese parents are increasingly using their vacations to tour university campuses in Singapore, seeking to give their children an academic edge. This trend has created a mini ecosystem of business opportunities for hotels, bus and travel operators. Singapore universities have had to implement crowd control measures due to the influx of visitors, leading to complaints from students about disruptions to their classes and overcrowding. Chinese parents are drawn to Singapore's universities due to their high rankings, easy visa regime, proximity to China, and affordability. [Extracted from the article]

Chinese parents are increasingly using their vacations to tour university campuses in Singapore, seeking to give their children an academic edge. This trend has created a mini ecosystem of business opportunities for hotels, bus and travel operators. Singapore universities have had to implement crowd control measures due to the influx of visitors, leading to complaints from students about disruptions to their classes and overcrowding. Chinese parents are drawn to Singapore's universities due to their high rankings, easy visa regime, proximity to China, and affordability. While touring prestigious universities is a common pastime for Chinese families, Singapore is becoming a preferred destination for college education. [Extracted from the article]

Shell Plc employees have expressed their dissatisfaction with the company's leadership in an internal survey. CEO Wael Sawan has been implementing job cuts to increase profits, which has led to a decline in how employees view the organization's leadership and reputation. The survey revealed that employees are concerned about the impact of the drive for profitability on their work life. Some employees have criticized the company's handling of its strategy shift and layoffs, expressing a lack of care and respect from leadership. Shell has acknowledged the feedback and stated that it values staff engagement. [Extracted from the article]

Mark Robinson, the Republican candidate for governor in North Carolina, is facing controversy as offensive comments allegedly made by him in online porn forums have been revealed. Robinson denies making these remarks and vows to stay in the race. Vice President Kamala Harris and former President Donald Trump are both targeting North Carolina in their campaigns. Recent polls show Robinson trailing behind his Democratic opponent, but any development could potentially shift the outcome in this closely contested race. [Extracted from the article]

Boeing is facing the possibility of a strike by its largest labor union, the IAM District 751, as negotiations for a new contract reach a critical point. The outcome of these talks is crucial for Boeing's financial recovery, as the company has been struggling with cash burn and a high level of debt. The union is demanding job security, higher wages, improved benefits, and more flexibility in overtime policies. While a strike would disrupt Boeing's production and recovery efforts, analysts believe that meeting the union's demands would ultimately be more cost-effective for the company. The final contract offer will be presented soon, and union members will vote on whether to accept it or go on strike. The outcome remains uncertain, but there is still hope for a compromise. Boeing's new CEO, Kelly Ortberg, has the opportunity to improve the company's relationship with its unionized workers if a strike can be avoided or minimized. [Extracted from the article]

Over 1,000 people have been arrested in the UK following riots that occurred at the end of July and earlier this month. The riots were triggered by the fatal stabbings of three girls, and misinformation spread online, falsely claiming that the attacker was a Muslim asylum-seeker. The riots targeted mosques, immigration facilities, and the police. Prime Minister Keir Starmer's emphasis on punishment for the rioters and those inciting violence online has resulted in a decrease in violence and an increase in arrests. The government is calling for social media platforms to take action against harmful content, but concrete measures have not yet been outlined. [Extracted from the article]

The UK Prime Minister's administration has criticized Elon Musk's suggestion that Britain is heading for civil war. Musk made the comment on his social media platform in response to a video showing riots and remarks about migration and open borders. The Prime Minister's spokesman called Musk's comments unjustified and called for an immediate response from social media companies to combat the spread of misinformation and organize anti-immigration protests. The spokesman also warned that those who incite violence can be prosecuted and face prison. [Extracted from the article]

Taiwanese retail investors are increasingly buying shares in Taiwan Semiconductor Manufacturing Co. (TSMC) as a way to protect their country from a potential Chinese invasion. TSMC is the world's largest chipmaker and plays a crucial role in the global tech supply chain. Its success is seen as vital for Taiwan's ability to fend off China, and many Taiwanese view the company as a symbol of national security. Despite concerns about the stock's high valuation and the risk of foreign investors pulling out, retail investors remain optimistic and committed to holding onto their TSMC shares. [Extracted from the article]

Taiwanese retail investors are increasingly buying shares of Taiwan Semiconductor Manufacturing Co. (TSMC) as a way to protect their country from a potential Chinese invasion. TSMC is the world's largest chipmaker and plays a crucial role in the global tech industry's supply chain. Many Taiwanese believe that TSMC's success is essential for Taiwan's ability to defend itself against China. The company's dominance in the portfolios of small investors has led some to take on financial risks, such as borrowing money or diverting funds from pending marriages, to support TSMC. However, analysts caution that the stock's high valuation and the potential for foreign investors to sell off their holdings pose risks to small shareholders. [Extracted from the article]

Short sellers, investors who bet against specific stocks, are facing new challenges as the US government accuses prominent short seller Andrew Left of securities fraud. Left is accused of generating $20 million in profits from illegal trading and misleading the public. While some argue that Left's alleged misconduct is unique to him, others believe it may make it harder for short sellers to find financial backers and could lead to increased legal expenses and tempered public statements. The government's cases against Left aim to draw legal lines around market manipulation in an era of open debate on social media platforms. [Extracted from the article]

Junior bankers on Wall Street are experiencing increasing stress and long work hours, with some working up to 100-hour weeks. Trainees and deputy managers, known as staffers, are feeling the strain as banks face thinner headcounts and a desire to secure new mandates. The demanding workload is testing the promises made by banks to protect the health and well-being of junior bankers. Despite efforts to provide safeguards and perks, such as Saturdays off and free fitness classes, workloads have not been reduced. The intense work environment is causing physical and mental health issues for junior bankers, but they often feel pressured to continue working to avoid negative consequences. [Extracted from the article]

Junior bankers on Wall Street are experiencing increasing stress and long work hours, with some working up to 100-hour weeks. Trainees and deputy managers, known as staffers, are feeling the strain as banks face thinner headcounts and a desire to secure new mandates. The demanding workload is testing the promises made by banks to protect the health and well-being of junior bankers. Despite efforts to provide safeguards and perks, such as Saturdays off and free fitness classes, workloads have not been reduced. The intense culture and long hours are causing physical and mental health issues for junior bankers. [Extracted from the article]

Junior bankers on Wall Street are experiencing high levels of stress and long working hours, with some working up to 100-hour weeks. Trainees and deputy managers, known as staffers, are feeling the strain as banks have fewer employees and increased ambitions for new mandates. The workload is testing the promises made by banks to protect the health of junior bankers, and some are resorting to inflating or understating their hours to avoid breaching limits. The culture in banking is not keeping up with the needs of junior bankers, and the pressure is taking a toll on their mental and physical health. [Extracted from the article]

Junior bankers on Wall Street are once again experiencing high levels of stress and long work hours. Trainees and deputy managers, known as staffers, are feeling the strain as banks exit a slump in deals and have thinner headcounts. Some junior bankers are inflating their weekly hours to avoid giving up their free time, while others are understating their hours to avoid breaching the 100-hour limit. The increasing workloads are testing the promises made by banks to give trainees breaks and protect their health. The death of a Bank of America associate from a heart attack has sparked discussions about the demanding work culture in the industry. [Extracted from the article]

Owners of Fisker Inc.'s electric SUVs are facing difficulties getting their cars fixed as the company is in bankruptcy. Customers have reported unresolved service tickets, difficulty finding repair shops, and lack of communication from Fisker. Some owners have opted to trade in their vehicles at a significant loss. Fisker, which filed for Chapter 11, may potentially sell parts of the business to a buyer who can offer warranties and service to existing owners. Fisker owners have turned to social media for workarounds and fixes, and there is a potential lifeline for them through owners clubs. [Extracted from the article]

Hackers are demanding payments ranging from $300,000 to $5 million from up to 10 companies that were targeted in a campaign against Snowflake Inc. customers. The cybercriminals have entered a new stage of the hacking scheme, attempting to profit from the valuable information they have stolen by auctioning it on illegal online forums. The hacking group, known as UNC5537, has used stolen login details to access the Snowflake accounts of approximately 165 customers and has attempted to extort money from 5 to 10 of them. The group has also made death threats against cybersecurity experts investigating the attack. [Extracted from the article]

Hackers are demanding payments ranging from $300,000 to $5 million from several companies that were targeted in a campaign against Snowflake Inc. customers. The cybercriminals have entered a new stage of the scheme, attempting to profit from the valuable information they have stolen by auctioning it on illegal online forums. The hacking group, known as UNC5537, used stolen login details to access the Snowflake accounts of up to 165 customers and has attempted to extort money from five to ten of them. The group has also made death threats against cybersecurity experts and used artificial intelligence to create fake nude photos to harass researchers. Illicit data brokers are now seeking higher prices for the stolen data, potentially to pressure affected firms to pay a ransom. Snowflake plans to close its internal investigation into the hacking campaign and has not detected any unauthorized access to its customers' servers in recent days. Other companies, including Ticketmaster owner Live Nation Entertainment Inc. and Pure Storage Inc., have also reported breaches related to Snowflake. Mandiant, the security firm assisting with the investigation, will release new guidance to help companies investigate data theft linked to the hacking campaign. [Extracted from the article]

Traders have been quietly accumulating positions in GameStop Corp. options leading up to the recent surge in the stock. Call option volume on Friday reached nearly 300,000, the second most active day this year. This activity coincided with GameStop's significant increase in stock price over the past three weeks. The surge in trading volume and options activity has been observed on online forums like Reddit's WallStreetBets and StockTwits. Some analysts find the timing of this activity to be suspicious. [Extracted from the article]

Dmitry Yuryevich Khoroshev, a 31-year-old Russian national, has been identified as the leader of the ransomware gang LockBit and has been charged by US authorities for hacking-related crimes. LockBit is accused of attacking at least 2,500 victims, including 1,800 in the US, and extorting approximately $500 million in ransom payments. Khoroshev remains at large, and the State Department has offered a $10 million reward for information leading to his arrest or conviction. Law enforcement agencies have been working to disrupt LockBit's activities, and the recent takedown has resulted in a reduction in LockBit attacks. [Extracted from the article]

Adobe's image-generating software, Firefly, was marketed as a more ethical and legally sound alternative to competitors like Midjourney. However, it has been revealed that Firefly was trained using AI-generated content, including images from these same competitors. While Adobe did not disclose this information publicly, it was mentioned in online discussion groups. The use of AI-generated content in Firefly's training set has raised ethical concerns and led to internal disagreements within Adobe. Despite criticism, Adobe defends its decision and maintains that Firefly is commercially safe and respects copyright laws. [Extracted from the article]

According to a report by social network analysis company Graphika, the recent pornographic deepfakes of Taylor Swift that circulated on social media originated from an online challenge to bypass safety mechanisms designed to prevent the creation of explicit images using artificial intelligence. Users on internet forum 4chan participated in competitions to find ways to bypass filters on image-generation services, with the goal of creating sexual images of prominent female figures. The report emphasizes that Swift is not the only victim of this activity and highlights the need to understand the gamified nature of this malicious activity to prevent further abuse. The incident has brought attention to the issue of nonconsensual deepfakes, with efforts being made to make deepfake pornography a federal crime. [Extracted from the article]

Myanmar citizens are following the lead of protesters in Hong Kong, Belarus and elsewhere who have found creative ways around government internet restrictions. Keywords: 8188931Z; ALLTOP; ASIA; BUSINESS; COS; EXE; GEN; GOV; HUMANRIGHT; INDUSTRIES; INTERNET; NORTHAM; SOF; TEC; TMT; US; WORLD; WWTOP EN 8188931Z ALLTOP ASIA BUSINESS COS EXE GEN GOV HUMANRIGHT INDUSTRIES INTERNET NORTHAM SOF TEC TMT US WORLD WWTOP Sidestepping a crackdown on internet use since the military seized power almost two months ago, hundreds of thousands of protesters and citizens in Myanmar are finding different ways to communicate online, downloading tools to bypass censorship restrictions and turning to alternative media sources and underground networks, according to new research. [Extracted from the article]

Myanmar citizens are following the lead of protesters in Hong Kong, Belarus and elsewhere who have found creative ways around government internet restrictions. Keywords: 8188931Z; ASIA; BUSINESS; COS; EXE; GEN; GOV; HUMANRIGHT; INDUSTRIES; INTERNET; NORTHAM; SOF; TEC; TMT; US; WORLD EN 8188931Z ASIA BUSINESS COS EXE GEN GOV HUMANRIGHT INDUSTRIES INTERNET NORTHAM SOF TEC TMT US WORLD Sidestepping a crackdown on internet use since the military seized power almost two months ago, hundreds of thousands of protesters and citizens in Myanmar are finding different ways to communicate online, downloading tools to bypass censorship restrictions and turning to alternative media sources and underground networks, according to new research. [Extracted from the article]

(Bloomberg) -- Some of the first owners of Apple Inc.'s iPhone 15 Pro and Pro Max are complaining that the new devices get too hot during use or while charging, a potential setback for the company's flagship product. Read More: First Impressions of iPhone 15 Pro Max and Watch Ultra 2 One user complained that the iPhone 15 Pro Max got hot enough to switch off during a call and then took a few minutes to come back on. [Extracted from the article]

While many of the apps that creators and users of deepfake pornography websites recommend for creating deepfake pornography are web-based, some are readily available in the mobile storefronts operated by Apple Inc. and Alphabet Inc.'s Google. (Bloomberg) -- When fans of Kaitlyn Siragusa, a popular 29-year-old internet personality known as Amouranth, want to watch her play video games, they will subscribe for $5 a month to her channel on Amazon.com Inc.'s Twitch. [Extracted from the article]

(Bloomberg) -- The UK's power grid operator expects to be able to reimburse consumers from the sale of emergency coal stockpiles that weren't used last winter. Drax Group Plc and Electricite de France SA have both now closed their coal plants, leaving Uniper SE's Ratcliffe plant as the final coal station in the British market. [Extracted from the article]

(Bloomberg) -- Reddit Inc. said that most of the company's communities were operating as normal - four days after a protest that shut down thousands of its online forums in protest over its plans to raise fees. In Thursday's post, Reddit said that 98% of third-party apps wouldn't have to pay anything under the new fee structure, and that the fees it would charge developers were in line with its own costs. [Extracted from the article]

Users on such websites recommended typing in languages other than English, as image and text generation tools tended to have less censors for non-English phrases, Jager said. (Bloomberg) -- Child predators are exploiting generative artificial intelligence technologies to share fake child sexual abuse material online and to trade tips on how to avoid detection, according to warnings from the National Center for Missing and Exploited Children and information seen by Bloomberg News. [Extracted from the article]

Forbes reported in December 2020 that Rayzone and another Israeli company, Bsightful, were selling surveillance technology based on location data gathered from smartphone apps. Surveillance that utilizes advertising data, he says, "represents a loophole around protections - some third-party company can go and get the data, and the government will just buy it.". [Extracted from the article]

AI Is Moving Fast Enough to Break Things. He says he's less concerned about bad actors getting their hands on AI models than AI development happening behind the closed doors of corporate research labs. Predictably, leading AI companies such as OpenAI, Google, Meta Platforms and Microsoft gave no indication that it would lead them to change their practices. [Extracted from the article]

It was the largest survey of Tesla owners ever conducted, and resulted in some very interesting insights about Elon Musk's first EV for the masses. You can help us reach more Tesla owners by sharing the survey link with friends, family and online Tesla forums. Second, we're opening the survey up to more Tesla owners with a new introductory survey. [Extracted from the article]

This isn't the first time the government has blocked access to popular social media platforms. Turkey blocked access to one of the country's most popular social media websites, Eksi Sozluk, its latest move against platforms that it accuses of spreading disinformation. [Extracted from the article]

(Bloomberg) -- A lawmaker in Singapore's ruling party took to social media to defend her new role running Grab Holdings Ltd.'s government relations department, dismissing concerns about potential conflicts of interest. Tin Pei Ling, who was appointed director of public affairs and policy this week, said in a Facebook post that she can keep her two roles separate. [Extracted from the article]

(Bloomberg) -- Meta Platforms Inc., Microsoft Corp., Twitter Inc. and other tech firms came to Google's defense in a flurry of legal briefs filed Thursday in a Supreme Court case that could fundamentally change the way the internet works. But the companies - even Microsoft and Yelp Inc., typically Google's rivals - say narrowing the online speech liability shield could destroy their ability to serve up relevant recommendations to users. The tech companies are urging the Supreme Court justices to carefully approach Gonzalez v. Google, a case centered around whether online firms should be held liable for content they recommend to users. [Extracted from the article]

The tech companies are urging the Supreme Court justices to carefully approach Gonzalez v. Google, a case centered around whether online firms should be held liable for content they recommend to users. (Bloomberg) -- Microsoft Corp., Twitter Inc., Yelp Inc. and other tech firms came to Google's defense in a flurry of legal briefs filed Thursday in a Supreme Court case that could fundamentally change the way the internet works. [Extracted from the article]

(Bloomberg Businessweek) -- When Indian workers claiming they weren't being paid trashed an iPhone factory in Karnataka state in December 2020, causing $60 million in damage, the state-owned press in China immediately saw a cautionary tale for multinational corporations. A major breakthrough will be when the latest iPhone models can be shipped from India on the day of their global release, a milestone that Foxconn's Indian production facility was unable to reach for the iPhone 14, though production there began only three weeks later. [Extracted from the article]

(Bloomberg) -- Amazon.com Inc. Chief Executive Officer Andy Jassy said the e-commerce giant will be cutting jobs into 2023 as it adjusts to business conditions, his first public comments about the cost-reduction plans roiling Amazon since reports that it planned to wipe out about 10,000 jobs. Many employees were given 60 days to find new jobs within the company, which would be followed by a severance package based on tenure if they fail to land new roles, according to documents reviewed by Bloomberg. [Extracted from the article]

The attack on Medibank exposed the data of around 9.7 million current and former customers and some of their authorized representatives, the company said in the statement. (Bloomberg) -- Data stolen from an Australian health insurer, including the names, addresses and birthdates of hundreds of customers, has been posted to a forum on the so-called dark web. [Extracted from the article]

After the Credit Karma hiring freeze email went out, employees and prospective new hires turned to the anonymous online forum Blind to discuss whether pending job interviews and offers would be kept. (Bloomberg) -- Intuit Inc. is pausing hiring in its Credit Karma unit as souring business sentiment is slowing the pace of lending. Intuit Pauses Hiring at Credit Karma Unit on "Revenue Challenges". [Extracted from the article]

Intuit Pauses Hiring at Credit Karma Unit on "Revenue Challenges" (Bloomberg) -- Intuit Inc. is pausing hiring in its Credit Karma unit as souring business sentiment is slowing the pace of lending. After the Credit Karma hiring freeze email went out, employees and prospective new hires turned to the anonymous online forum Blind to discuss whether pending job interviews and offers would be kept. [Extracted from the article]

"Blacklists don't exist", says Pavlo, who helped organize visual effects workers in the UK. He says studios have so many projects in the works that they simply can't afford to shun workers - and that there's more than enough money in the budget for them to offer salaries and benefits on par with what other unionized workers on set are getting. [Extracted from the article]

The hacker posted dozens of never-before-seen videos from Grand Theft Auto VI on an online message board over the weekend. (Bloomberg) -- A hacker published authentic, pre-release footage from development of Grand Theft Auto VI, the most anticipated video game from Take-Two Interactive Software Inc. [Extracted from the article]

The hacker posted dozens of never-before-seen videos from Grand Theft Auto VI on an online message board over the weekend. (Bloomberg) -- A hacker published authentic, pre-release footage from development of Grand Theft Auto VI, the most anticipated video game from Take-Two Interactive Software Inc. [Extracted from the article]

One new user on the underground database forum, who claimed to be selling the Shanghai health system data after joining the site in July, alleged that they had more leaked information to share. (Bloomberg) -- Since the data of about roughly 1 billion Chinese citizens appeared for sale on a popular dark web forum in June, researchers have observed a surge in other kinds of personal records from China appearing on cybercriminal marketplaces. [Extracted from the article]