Business, Financial & Legal News - Page 13

All the latest Business, Financial & Legal news as it relates to tech, gaming, and science - Page 13.

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Twitch streamer Kai Cenat arrested in New York for trying to giveaway PlayStation 5's

Jak Connor | Aug 7, 2023 2:35 AM CDT

Twitch streamer Kai Cenat has been arrested after a giveaway event in Union Square got completely out of hand.

Twitch streamer Kai Cenat arrested in New York for trying to giveaway PlayStation 5's

Popular Twitch Streamer Kai Cenat was at the center of a massive gathering in New York City's Union Square on August 4, following his announcement of a huge giveaway of PCs and PlayStation 5s.

The 21-year-old content creator directed thousands of his fans to Union Square for the giveaway, but the event quickly turned into pandemonium as fans of the streamer began blocking traffic, destroying vehicles, causing damage to buildings within the surrounding area, and engaging in violence with the New York Police Department.

Continue reading: Twitch streamer Kai Cenat arrested in New York for trying to giveaway PlayStation 5's (full post)

Elon Musk to create a hub within the X app dedicated to buying and selling stocks, says report

Jak Connor | Aug 4, 2023 10:12 AM CDT

A new report has claimed that X has put out a call for financial data giants to construct a dedicated trading hub within the X app.

Elon Musk to create a hub within the X app dedicated to buying and selling stocks, says report

According to Semafor that claims it saw X's request for plans and spoke to people familiar with the matter, X is planning on constructing a trading hub within the app, which ties perfectly into X owner Elon Musk's overall vision of converting the social media platform into "the everything app". The publication states that the request for plans was sent out to multiple big providers, and each was requested to provide a proposal for how such an idea would be implemented.

Notably, the request states that X will offer the bidders a chance to reach "hundreds of millions of highly-qualified users," while also stating it won't be providing any compensation for the project. In fact, Semafor reports that the request asks companies to state how much money they would be committing to the project. Furthermore, the publication writes that it needs to be clarified which companies, if any, followed through with proposals, which were due sometime last week.

Continue reading: Elon Musk to create a hub within the X app dedicated to buying and selling stocks, says report (full post)

MrBeast sues his ghost kitchens serving 'revolting' and 'inedible' MrBeast burgers

Jak Connor | Aug 3, 2023 6:28 AM CDT

James "MrBeast" Donaldson has filed a lawsuit against the company that he used to get MrBeast burgers out into so many stores.

MrBeast sues his ghost kitchens serving 'revolting' and 'inedible' MrBeast burgers

MrBeast partnered with Virtual Dining Concepts to create what is commonly referred to as ghost kitchens, which are then used to fulfill orders of MrBeast Burgers. So, here's how it works. In 2020 MrBeast Burgers could only be ordered online, and once an order is placed, a verified ghost kitchen accepts the order and completes it. Each of these ghost kitchens are equipped with all of the ingredients/equipment to create MrBeast Burgers, and the venture was an incredible one during the pandemic as it kept many struggling businesses afloat.

However, not all went to plan, or at least that's what we are finding out now. According to MrBeast's lawsuit, which claims that Virtual Dining Concepts, a Florida-based company, has prioritized rapid expansion over delivering high-quality products. The lawsuit claims that Virtual Dining Concepts has not paid MrBeast and was unable to keep the quality to an appropriate standard, with many customers reporting receiving their burgers with raw meat, burnt, containing bugs, and much more.

Continue reading: MrBeast sues his ghost kitchens serving 'revolting' and 'inedible' MrBeast burgers (full post)

Elon Musk says he's going to ask Apple's CEO Tim Cook to lower App Store fees

Jak Connor | Aug 3, 2023 5:35 AM CDT

Elon Musk has taken to his X account to inform the public that he is pushing for creators to get more money from their posts.

Elon Musk says he's going to ask Apple's CEO Tim Cook to lower App Store fees

The social media platform owner took to his X account on August 3 to ask the public to support creators by subscribing to their accounts. Musk asked if individuals that can afford to support creators should do so, as people from every corner of the world post incredible content on the platform and that these people should be rewarded for the content that they post as only a few hundreds dollars a month could be life changing.

Musk went on to say that previously it was announced that X would be keeping nothing for the first 12 months of a subscription, then 10% after the 12 months. Now, The social media platform will be keeping nothing forever, until the payout exceeds $100,000 then the 10% tax will kick in.

Continue reading: Elon Musk says he's going to ask Apple's CEO Tim Cook to lower App Store fees (full post)

Elon Musk's X sign torn off San Francisco headquarters following city complaints

Jak Connor | Aug 1, 2023 3:15 AM CDT

Only a matter of days after getting X's new logo set up on top of the San Francisco headquarters has it been removed.

Elon Musk's X sign torn off San Francisco headquarters following city complaints

New reports indicate that Elon Musk's new logo that was constructed atop the San Francisco headquarters has been removed following complaints from the city, along with neighbors that complained about the sign's immense brightness. Musk recently rebranded Twitter to X, leaving behind the iconic bluebird for a solid X letter, which plays into Musk's affinity with the letter (SpaceX, Tesla's Model X, and his son named X Æ A-12).

The logo change was quick and fast, with most people writing that the change was jarring while also slightly confusing as many other regions of the social media platform still feature the "Twitter" verbiage. The new X sign was put up on Friday, and over the weekend, many X users discussed the new branding along with the impact the sign had on the surrounding environment. Noting that the sign was pointed at a building across the street, which the sign lit up clearly during the night.

Continue reading: Elon Musk's X sign torn off San Francisco headquarters following city complaints (full post)

Elon Musk lawyers threaten non-profit and claim they're bought by Twitter's competition

Jak Connor | Aug 1, 2023 1:32 AM CDT

Freedom of speech has yet again become a massive topic on X, formerly Twitter as the platform has announced its launched legal claims against the Center for Countering Digital Hate (CCDH), a non-profit that focusses on mitigating online hate speech and disinformation.

Elon Musk lawyers threaten non-profit and claim they're bought by Twitter's competition

These legal claims came after the CCDH published a report that claimed X fails to act on 99% of Twitter Blue accounts hateful tweets/content. The CCDH arrived at this figure by taking 100 hate-speech centered tweets from Twitter Blue accounts and monitor them for four days. After the four days only 1 of the posts were removed, leading to the assumption that 99% of hate speech content from Twitter Blue accounts X fails to act upon.

The article caught the attention of X, which denied all of the CCDH allegations and the non-profit promptly received a letter from Elon Musk's lawyer Alex Spiro, who represents X Corp, the company that owns X. The letter from Spiro alleged that the CCDH's methodology to arrive at the alleged 99% was false, and went on to claim that the CCDH is taking money from X's competitors to run smear campaigns against the social media platform.

Continue reading: Elon Musk lawyers threaten non-profit and claim they're bought by Twitter's competition (full post)

Pentagon hit with major security breach that penetrated 17 military bases

Jak Connor | Jul 31, 2023 8:03 AM CDT

An engineer at an Air Force base has gained access to 17 Pentagon facilities by stealing nearly $100,000 worth of radio equipment.

Pentagon hit with major security breach that penetrated 17 military bases

A new report from Forbes has revealed that a contractor from the Arnold Air Force Base in Tennessee tipped off the government that a 48-year-old engineer had stolen $90,000 worth of radio equipment, which was then used to penetrate 17 military bases.

The tipster alleged that the engineer was taking this stolen equipment home, which was later confirmed by law enforcement that raided the individual's house and discovered "unauthorized administrator access" to the "communications infrastructure."

Continue reading: Pentagon hit with major security breach that penetrated 17 military bases (full post)

Elon Musk officially rolls out ad revenue sharing program on X, formerly Twitter

Jak Connor | Jul 31, 2023 3:15 AM CDT

Elon Musk has officially launched the Add revenue sharing program for the newly renamed platform X, formerly Twitter.

Elon Musk officially rolls out ad revenue sharing program on X, formerly Twitter

The new program enables users to theoretically make money off of their posts, but there are some caveats, such as the requirements for an account to be eligible for the ad revenue sharing program. X will require users to meet the following requirements - an active subscription to Blue or Verified Organizations, at least 15 million impressions on cumulative posts within the last 3 months, and at least 500 followers.

If the account has met the aforementioned requirements, the user is able to set up a payout system through a linked Stripe account. From there, the user will get a regular payout if their payout exceeds $50. The recent launch of the ad revenue-sharing program is part of Elon Musk's long-time push towards supporting creators on X through the monetization of posts/content.

Continue reading: Elon Musk officially rolls out ad revenue sharing program on X, formerly Twitter (full post)

SIGGRAPH celebrates 50 years of pioneering innovation in computer graphics and interactive tech

Rob Squires | Jul 30, 2023 6:25 PM CDT

This year marks the momentous 50th anniversary of SIGGRAPH conferences, the Special Interest Group on Computer Graphics and Interactive Techniques. Since its inception in 1971, SIGGRAPH has been at the forefront of revolutionizing the field of computer graphics and interactive technologies. As professionals, researchers, artists, and enthusiasts gather to celebrate this historic occasion in Los Angeles starting next Sunday, August 6th, it is a fitting time to reflect on the profound impact SIGGRAPH has had on various industries and its enduring commitment to pushing the boundaries of visual storytelling as well as the achieved technological advancements.

SIGGRAPH celebrates 50 years of pioneering innovation in computer graphics and interactive tech

The conference's humble beginnings started as a small gathering of computer graphics enthusiasts. SIGGRAPH has grown globally, with annual conferences in North America and Asia, drawing attendees from across the globe. Over the last five decades, the event has evolved in response to technological advancements and changing industry needs, consistently staying relevant and innovative. The heart of SIGGRAPH lies in its diverse and passionate community of students, artists, researchers, developers, and industry professionals who came together to explore the latest trends and innovations that are reshaping the way we perceive and interact with digital content.

From the moment attendees step into the convention center, they are immersed in a vibrant atmosphere of innovation. The exhibit halls are alive with the latest offerings from renowned technology companies showcasing their cutting-edge hardware and software that push the boundaries of what is possible in computer graphics.

Continue reading: SIGGRAPH celebrates 50 years of pioneering innovation in computer graphics and interactive tech (full post)

What to expect from Jensen Huang's NVIDIA keynote at SIGGRAPH 2023? Hint: AI

Rob Squires | Jul 30, 2023 5:50 PM CDT

Jensen is renowned for his charismatic stage presence and ability to captivate audiences with his passion for technology. This will be Jensen's first in-person keynote in the United States in over three years, with his last keynote at SIGGRAPH being in Vancouver in 2018.

What to expect from Jensen Huang's NVIDIA keynote at SIGGRAPH 2023? Hint: AI

In-person attendees and online viewers worldwide are eagerly looking forward to his insights and demonstrations as he explores the potential of AI-driven graphics and its impact on various sectors, including OpenUSD developments. The integration of artificial intelligence with real-time ray tracing capabilities promises to usher in a new era of unprecedented visual fidelity and realism in computer graphics. As a leader in the GPU industry, NVIDIA has always been at the forefront of pushing the boundaries of visual computing.

Throughout the keynote presentation, emphasis is expected to be placed on collaboration and the value of partnerships in driving technological advancements. At every SIGGRAPH keynote, NVIDIA's CEO has consistently stressed the importance of working with developers, artists, and industry experts to shape the future of computer graphics collectively and showcase groundbreaking technologies that redefine the art of creating immersive virtual worlds. This year's keynote is expected to be no exception.

Continue reading: What to expect from Jensen Huang's NVIDIA keynote at SIGGRAPH 2023? Hint: AI (full post)