ScamSniffer: Google and X ads are promoting sites containing a crypto drainer named "MS Drainer" that has stolen $59M from 63,210 victims since March 2023 (Bill Toulas/BleepingComputer)

Bill Toulas / BleepingComputer:
ScamSniffer: Google and X ads are promoting sites containing a crypto drainer named “MS Drainer” that has stolen $59M from 63,210 victims since March 2023  —  Google and Twitter ads are promoting sites containing a cryptocurrency drainer named ‘MS Drainer’ that has already stolen $59 million …

Warner Bros. Discovery, Paramount in discussions for a merger: Why it matters

Warner Bros. Discovery and Paramount may have discussed a possible merger. The CEOs of both the companies reportedly met in New York City this week to discuss the topic. If this happens, it will be one of the largest platforms to compete with Netflix and Disney+. Citing multiple sources, Axios reported that the meeting between Warner Bros. Discovery CEO David Zaslav held talks with Paramount CEO Bob Bakish, which lasted several hours, took place at Paramount's headquarters in Times Square. Warner Bros. Discovery is said to have hired bankers to explore the deal. https://ift.tt/EeIhaTR

High-speed transportation company Hyperloop One is shutting down, here’s why

Hyperloop One, a high-speed freight transportation company, will shut down by the end of this year. The Los-Angeles-based firm, which completed the world's first passenger ride on a super high-speed levitating pod system in 2020, failed to win any contract to build a working hyperloop. It will sell off its remaining assets and terminate the employment for its remaining workers. Hyperloop One was founded in 2014 and was backed by United Arab Emirates shipping company DP World and British billionaire Richard Branson's Virgin. https://ift.tt/P84huiA

Toshiba sees power management chips as a profit driver and plans to spend ~$175M to double production as the company completes its $14B buyout by PE firm JIP (Makiko Yamazaki/Reuters)

Makiko Yamazaki / Reuters:
Toshiba sees power management chips as a profit driver and plans to spend ~$175M to double production as the company completes its $14B buyout by PE firm JIP  —  Toshiba Corp (TOSBF.PK) sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) …

Privacy campaigners say the UK quietly introduced legislation to let police run facial recognition searches on 50M+ driving license holders without oversight (Daniel Boffey/The Guardian)

Daniel Boffey / The Guardian:
Privacy campaigners say the UK quietly introduced legislation to let police run facial recognition searches on 50M+ driving license holders without oversight  —  Exclusive: Privacy campaigners say clause in new criminal justice bill will put all UK drivers on ‘permanent police lineup’

In five experiments, encouraging people to use search engines to evaluate the veracity of fake news posts increased the likelihood of them being rated as true (Lauren Leffer/Scientific American)

Lauren Leffer / Scientific American:
In five experiments, encouraging people to use search engines to evaluate the veracity of fake news posts increased the likelihood of them being rated as true  —  Data voids in search results can lead down rabbit holes that bolster belief in fake news  —  Politics