Microsoft is launching a new communities feature for Microsoft Teams today, designed for consumers to use the best parts of Teams free of charge to create and organize groups. From a report: The new community feature will allow groups to use the calendar, meeting, and chat features of Teams. Features like group chat, calling, and file / photo sharing are all supported, and groups will also be able to use a shared calendar (which includes Google Calendar integration) to organize community events. This new community integration is really aimed at groups like sports clubs or even virtual community groups for small businesses and simple groups like a carpool for co-workers to organize transportation. Facebook, Reddit, Discord, WhatsApp, Twitter, and many other services already provide a variety of ways to organize groups online, so Microsoft is entering a crowded market, but it believes Teams has something different to offer.

An anonymous reader quotes a report from CNET: Facebook parent company Meta on Monday threatened to remove news from its social media platform in the US if Congress approves a bill that would allow news organizations to collectively bargain with tech companies for compensation. Andy Stone, Meta's head of policy communications, wrote on Twitter that Facebook would "be forced to consider removing news" if the Journalism Competition and Preservation Act becomes law. He added that the proposal fails to recognize that publishers and broadcasters put their content on Facebook "because it benefits their bottom line -- not the other way around."

The bill, which was proposed in March 2021, is reportedly being considered by lawmakers for inclusion with a must-pass annual defense bill. The News Media Alliance, a trade group representing newspaper publishers that supports the bill, called Facebook's threat "undemocratic and unbecoming," adding that "as the tech platforms compensate news publishers around the world, it demonstrates there is a demand and economic value for news." More than 20 organizations, including the Electronic Frontier Foundation, Public Knowledge and the Computer & Communications Industry Association, have urged lawmakers to reconsider support for the "problematic" bill, warning (PDF) that it would "create an ill-advised antitrust exemption for publishers and broadcasters." A similar law in Australia giving the government power to make internet giants Meta and Alphabet's Google negotiate content supply deals with media outlets has largely worked, a government report said last week. But the bill did result in a brief shutdown of Facebook news feeds in the country.

Around 2009 Slashdot was abuzz about how over-the-air broadcasting in North America was switching to a new standard called DTV. (Fun fact: North America and South America have two entirely different broadcast TV standards — both of which are different from the DVB-T standard used in Europe/Africa/Australia.) But 2022 ends with us already talking about DTV's successor in North America: the new broadcast standard NextGen TV.

This time the new standard isn't mandatory for TV stations, CNET points out — and it won't affect cable, satellite or streaming TV. But now even if you're not paying for a streaming TV service, another article points out, in most major American cities "an inexpensive antenna is all you'll need to get get ABC, CBS, Fox, NBC and PBS stations" — and often with a better picture quality: NextGen TV, formerly known as ATSC 3.0, is continuing to roll out across the U.S. It's already widely available, with stations throughout the country broadcasting in the new standard. There are many new TVs with compatible tuners plus several stand-alone tuners to add NextGen to just about any TV. As the name suggests, NextGen TV is the next generation of over-the-air broadcasts, replacing or supplementing the free HD broadcasts we've had for over two decades. NextGen not only improves on HDTV, but adds the potential for new features like free over-the-air 4K and HDR, though those aren't yet widely available.

Even so, the image quality with NextGen is likely better than what you're used to from streaming or even cable/satellite. If you already have an antenna and watch HD broadcasts, the reception you get with NextGen might be better, too.... Because of how it works, you'll likely get better reception if you're far from the TV tower.

The short version is: NextGen is free over-the-air television with potentially more channels and better image quality than older over-the-air broadcasts.
U.S. broadcast companies have also created a site at WatchNextGenTV.com showing options for purchasing a compatible new TV. That site also features a video touting NextGen TV's "brilliant colors and a sharper picture with a wider range of contrast" and its Dolby audio system (with "immersive, movie theatre-quality sound" with enhancements for voice and dialogue "so you get all of the story.") And in the video there's also examples of upcoming interactive features like on-screen quizzes, voting, and shopping, as well as the ability to select multiple camera angles or different audio tracks.

"One potential downside? ATSC 3.0 will also let broadcasters track your viewing habits," CNet reported earlier this year, calling the data "information that can be used for targeted advertising, just like companies such as Facebook and Google use today...

"Ads specific to your viewing habits, income level and even ethnicity (presumed by your neighborhood, for example) could get slotted in by your local station.... but here's the thing: If your TV is connected to the internet, it's already tracking you. Pretty much every app, streaming service, smart TV and cable or satellite box all track your usage to a greater or lesser extent."

But on the plus side... NextGen TV is IP-based, so in practice it can be moved around your home just like any internet content can right now. For example, you connect an antenna to a tuner box inside your home, but that box is not connected to your TV at all. Instead, it's connected to your router. This means anything with access to your network can have access to over-the-air TV, be it your TV, your phone, your tablet or even a streaming device like Apple TV....

This also means it's possible we'll see mobile devices with built-in tuners, so you can watch live TV while you're out and about, like you can with Netflix and YouTube now. How willing phone companies will be to put tuners in their phones remains to be seen, however. You don't see a lot of phones that can get radio broadcasts now, even though such a thing is easy to implement.
But whatever you think — it's already here. By August NextGen TV was already reaching half of America's population, according to a press release from a U.S. broadcaster's coalition. That press release also bragged that 40% of consumers had actually heard of NextGen TV — "up 25% from last year among those in markets where it is available."

"Twitter CEO Elon Musk turned to journalist Matt Taibbi on Friday to reveal the decision-making behind the platform's suppression of a 2020 article from the New York Post regarding Hunter Biden's laptop," reports Newsweek.

"Taibbi later deleted a tweet showing [former Twitter CEO] Jack Dorsey's email address," adds the Verge, covering reactions to Taibbi's thread — and the controversial events that the tweets described: At the time, it was not clear if the materials were genuine, and Twitter decided to ban links to or images of the Post's story, citing its policy on the distribution of hacked materials. The move was controversial even then, primarily among Republicans but also with speech advocates worried about Twitter's decision to block a news outlet. While Musk might be hoping we see documents showing Twitter's (largely former) staffers nefariously deciding to act in a way that helped now-President Joe Biden, the communications mostly show a team debating how to finalize and communicate a difficult moderation decision.
Taibbi himself tweeted that "Although several sources recalled hearing about a 'general' warning from federal law enforcement that summer about possible foreign hacks, there's no evidence - that I've seen - of any government involvement in the laptop story."

More from the Verge: Meanwhile, Taibbi's handling of the emails — which seem to have been handed to him at Musk's direction, though he only refers to "sources at Twitter" — appears to have exposed personal email addresses for two high-profile leaders: Dorsey and Representative Ro Khanna. An email address that belongs to someone Taibbi identifies as Dorsey is included in one message, in which Dorsey forwards an article Taibbi wrote criticizing Twitter's handling of the Post story. Meanwhile, Khanna confirmed to The Verge that his personal Gmail address is included in another email, in which Khanna reaches out to criticize Twitter's decision to restrict the Post's story as well.

"As the congressman who represents Silicon Valley, I felt Twitter's actions were a violation of First Amendment principles so I raised those concerns," Khanna said in a statement to The Verge. "Our democracy can only thrive if we are open to a marketplace of ideas and engaging with people with whom we disagree."

The story also revealed the names of multiple Twitter employees who were in communications about the moderation decision. While it's not out of line for journalists to report on the involvement of public-facing individuals or major decision makers, that doesn't describe all of the people named in the leaked communications.... "I don't get why naming names is necessary. Seems dangerous," Twitter co-founder Biz Stone wrote Friday in apparent reference to the leaks.... The Verge reached out to Taibbi for comment but didn't immediately hear back.

Twitter, which had its communications team dismantled during layoffs last month, also did not respond to a request for comment.
Wired adds: What did the world learn about Twitter's handling of the incident from the so-called Twitter Files? Not much. After all, Twitter reversed its decision two days later, and then-CEO Jack Dorsey said the moderation decision was "wrong."
In other news, "Twitter will start showing view count for all tweets," Elon Musk announced Friday, "just as view count is shown for all videos." And he shared other insights into his plans for Twitter's future.

"Freedom of speech doesn't mean freedom of reach. Negativity should & will get less reach than positivity."

An anonymous reader quotes a report from Reuters: An Australian law giving the government power to make internet giants Facebook owner Meta and Alphabet's Google negotiate content supply deals with media outlets has largely worked, a government report said. But the law, which took effect in March 2021 after talks with the big tech firms led to a brief shutdown of Facebook news feeds in the country, may need to be extended to other online platforms, the review said.

Since the News Media Bargaining Code (PDF) took effect, the tech firms had inked more than 30 deals with media outlets compensating them for content which generated clicks and advertising dollars, said the Treasury department report, published late Thursday. "At least some of these agreements have enabled news businesses to, in particular, employ additional journalists and make other valuable investments to assist their operations," said the report. "While views on the success or otherwise of the Code will invariably differ, we consider it is reasonable to conclude that the Code has been a success to date."

The report mostly recommended that the government consider new methods of assessing the administration and effectiveness of the law, and did not suggest changing the law itself. But it did note the law lacked "a formal mechanism to extend the Code to other platforms", and suggested the government order the competition regulator, which led the design of the law, to "prepare reports on this question." Google director of government affairs and public policy in Australia Lucinda Longcroft said the company had "furthered our significant contribution to the Australian news industry" by signing deals representing 200 mastheads across the country and "the majority of these outlets are regional or local."

Meta is urging policymakers to hold off on creating new rules governing the metaverse. From a report: In a policy paper released Friday, Meta argues that many of the world's existing laws and regulations will also apply to activity in the metaverse -- a catch-all term that refers to an immersive virtual world that doesn't yet exist in which users could someday work, play games, shop and interact. Edward Bowles, Meta's head of fintech policy, told reporters that regulators could "stymie innovation" if they create an entirely new regulatory scheme for the metaverse. It's common for corporations, particularly Silicon Valley titans, to discourage politicians from creating new regulations. But in recent years, lawmakers have become interested in reining in the biggest tech companies -- including their investments in virtual reality. The paper is an effort by Meta to shape future legislation impacting the metaverse, a technology so central to the company's mission that it rebranded to "Meta" from "Facebook" last year.

Meta CEO Mark Zuckerberg on Wednesday added to the growing chorus of concerns about Apple, arguing that it's "problematic that one company controls what happens on the device." Axios reports: "I think the problem is that you get into it with the platform control, is that Apple obviously has their own interests," Zuckerberg said at The New York Times' Dealbook conference. "[T]he fact that companies have to deliver their apps exclusively through platforms that are controlled by competitors -- there is a conflict of interest there," he said. That conflict of interest makes Apple "not just a kind of governor that is looking out for the best of people's interests."

Zuckerberg also noted that Apple's policies differ from other tech giants, including Microsoft and Google, which allow apps to be sideloaded onto devices if they're inaccessible in app stores. "I do think Apple has sort of singled themselves out as the only company that is trying to control, unilaterally, what apps get on the device and I don't think that's a sustainable or a good place to be." Changes to Apple's app tracking policies last year are expected to cost Meta billions of dollars in lost ad revenue.

Zuckerberg's comments come days after Musk publicly attacked Apple, alleging the company's app store policies are an abuse of power. Asked about Musk's content moderation decisions, Zuckerberg didn't go as far as to endorse his strategy, but said, "I kind of think the world in the industry gets more interesting when people take some different approaches." "[Y[ou can agree or disagree with what Elon is doing, or how he's doing it. But I do think it's going to be very interesting to see how this plays out in terms of the approaches he's taking." When asked about TikTok, Zuckerberg said it raises "a very complex set of questions" about the involvement of the Chinese state with TikTok's affairs. "I'm sure it's complicated."

Further reading: Mark Zuckerberg Still 'Long-Term Optimistic' on Metaverse, Says Skepticism Doesn't Bother Him Too Much

Meta founder and chief executive Mark Zuckerberg said he was still optimistic about the metaverse on a longer, "five-to-ten-year horizon" at the New York Times Dealbook Summit in New York City on Wednesday. From a report: "The way we communicate gets richer and more immersive," Zuckerberg said via a virtual interview, doubling down on his company's bet on a virtual and augmented reality-dominated future. The company has come under criticism for generating billions of dollars of losses as it builds out its version of the metaverse. However, Zuckerberg admitted that Meta would need to operate with "more efficiency and discipline" in the near term as macroeconomic woes have forced the company to scale back on spending. [...] The billionaire CEO said he's unfazed by critics of his company's bet on the metaverse, saying a lack of pushback typically means an idea is not ambitious enough. "Skepticism doesn't bother me too much," Zuckerberg said. "We've had doubters the whole time."

The British government has abandoned a plan to force tech firms to remove internet content that is harmful but legal, after the proposal drew strong criticism from lawmakers and civil liberties groups. From a report: The U.K. on Tuesday defended its decision to water down the Online Safety Bill, an ambitious but controversial attempt to crack down on online racism, sexual abuse, bullying, fraud and other harmful material. Similar efforts are underway in the European Union and the United States, but the U.K.'s was one of the most sweeping. In its original form, the bill gave regulators wide-ranging powers to sanction digital and social media companies like Google, Facebook, Twitter and TikTok.

Critics had expressed concern that a requirement for the biggest platforms to remove "legal but harmful" content could lead to censorship and undermine free speech. The Conservative government of Prime Minister Rishi Sunak, who took office last month, has now dropped that part of the bill, saying it could "over-criminalize" online content. The government hopes the change will be enough to get the bill through Parliament, where it has languished for 18 months, by mid-2023. Digital Secretary Michelle Donelan said the change removed the risk that "tech firms or future governments could use the laws as a license to censor legitimate views."

Britain will not force tech giants to remove content that is "legal but harmful" from their platforms after campaigners and lawmakers raised concerns that the move could curtail free speech, the government said on Monday. Reuters reports: Online safety laws would instead focus on the protection of children and on ensuring companies removed content that was illegal or prohibited in their terms of service, it said, adding that it would not specify what legal content should be censored. Platform owners, such as Facebook-owner Meta and Twitter, would be banned from removing or restricting user-generated content, or suspending or banning users, where there is no breach of their terms of service or the law, it said.

The government had previously said social media companies could be fined up to 10% of turnover or 18 million pounds ($22 million) if they failed to stamp out harmful content such as abuse even if it fell below the criminal threshold, while senior managers could also face criminal action. The proposed legislation, which had already been beset by delays and rows before the latest version, would remove state influence on how private companies managed legal speech, the government said. It would also avoid the risk of platforms taking down legitimate posts to avoid sanctions. [...]

The revised Online Safety Bill, which returns to parliament next month, puts the onus on tech companies to take down material in breach of their own terms of service and to enforce their user age limits to stop children circumventing authentication methods, the government said. If users were likely to encounter controversial content such as the glorification of eating disorders, racism, anti-Semitism or misogyny not meeting the criminal threshold, the platform would have to offer tools to help adult users avoid it, it said. Only if platforms failed to uphold their own rules or remove criminal content could a fine of up to 10% of annual turnover apply. Britain said late on Saturday that a new criminal offense of assisting or encouraging self-harm online would be included in the bill.

An anonymous reader quotes a report from The New York Times: The world's largest active volcano, Mauna Loa on the Big Island of Hawaii, erupted for the first time in 38 years late Sunday night, following a series of spectacular eruptions of the smaller Kilauea volcano, also on the island, over the last five years. At 11:30 p.m. local time, an eruption began at Mauna Loa's summit, inside Hawaii Volcanoes National Park, according to the U.S. Geological Survey. Lava flowing from the volcano was confined to the summit area, and officials said there was no immediate threat to the public, but they warned that winds could carry volcanic gas, fine ash and thin glass fibers known as Pele's hair downwind.

The Hawaii County Civil Defense Agency raised the volcano alert level to a warning from an advisory. Mitch Roth, the mayor of Hawaii County, which has a population of about 200,000, said in a statement on Facebook early Monday that there were no evacuation orders or threats to the community. Two shelters were opened along the South Kona coast for people who voluntarily left their homes, officials said. The location and direction of lava flow can quickly change, officials said. Residents who are at risk were advised to review their preparedness plans. Officials said they planned to conduct an aerial survey of the eruption and assess any hazards.

Mauna Loa, which encompasses more than half of the Big Island of Hawaii and rises more than 13,600 feet above the Pacific Ocean, has erupted 33 times since 1843, averaging one eruption every five years. A majority of the eruptions occurred before 1950; since then, there have been only two -- a summit eruption in 1975 and an eruption in 1984, when lava flow approached the city of Hilo. That last eruption caused volcanic air pollution across the state and prompted the authorities to close Highway 200 as lava flow destroyed utility poles and power lines. Heat released during the eruption also caused local thunderstorms and snowfall in certain regions. "While Mauna Loa has been largely dormant for 38 years, Kilauea, in the southeast corner of the Big Island, is considered one of the most active volcanoes in the world," adds the report. "A months long eruption in 2018 produced 320,000 Olympic-sized swimming pools' worth of lava that transformed the landscape around Kilauea and was blamed for the destruction of around 700 homes."

Meta Platforms was slapped with a $277 million fine for failing to prevent the leak of the personal data of more than half a billion users of its Facebook service. From a report: The Irish Data Protection Commission, the main privacy watchdog for Meta in the European Union, levied the fine following a probe that found the social-media company had failed to apply strict safeguards required under the bloc's sweeping General Data Protection Regulation.

On top of the fine -- the third-biggest under GDPR -- the watchdog ordered Meta's Irish unit to make sure its processing complies with the law, according to an emailed statement on Monday. The Irish authority is the lead watchdog for some of Silicon Valley's biggest tech firms that have set up an EU base in the country, including Meta. It opened its probe following revelations that "a collated dataset of Facebook personal data" had been published on the internet. Personal information on 533 million Facebook users worldwide reemerged on a hacker website last year, including their phone numbers and email addresses.

"When you search for a product on Amazon, you may not realize that most of what you see at first is advertising," reports the Washington Post's technology columnist, introducing some eye-opening interactive graphics. (Alternate URL here.)

The Post's graphics show that Amazon's first six search results — basically everything on their first screen — were all ads. Scrolling to the second screen, we finally start to see non-ads. These are the first products that were actually chosen because they've got the best combination of price and quality. But the real results don't last long.

Scroll to the next screen, and it's all ads again. Here's a set of listings labeled "Highly rated," but don't be fooled.... These are also just ads. [Later the article points out that while customers can't specifically buy their way into the highly-rated section, it's still just "often stacked with sponsored listings that don't have terrible customer reviews." And then on the next screen three of the six displayed results are "top rated for our brands" — that is, Amazon's own products. And then...]

Keep on scrolling, and the ads keep coming — even if they're repeats. On these first five screens, more than 50 percent of the space was dedicated to ads and Amazon touting its own products....

The first page of Amazon results includes an average of about nine sponsored listings, according to a study of 70 search terms conducted in 2020 and 2021 by data firm Profitero. That was twice as many ads as Walmart displayed, and four times as many as Target... The Amazon we experience today is pretty much the opposite of how Amazon used to work. Even as recently as 2015, Amazon's results pages were filled with actual results, ranked by relevancy to your search....

Here's a modest proposal: No more than half of any screen we see at any given time — be it on desktop web or a smartphone — should contain ads.... Another idea: Shill results should be much more clearly marked. A label disclosing that a shill listing is "Sponsored" should have the same font, size and contrast as the most prominent text in the ad. Even better: It should have to go on the top-left part of the ad, where our eyes go first. No more burying it in the far-right corner.
The article notes that even typing the name of a specific brand may first bring up off-brand rivals who've paid for higher placement. (An Amazon spokesman tells the Post, "This practice is good for customers — it drives discovery and presents them with more choices.")

But Post argues Amazon's various sponsored results "fill up spaces people have every reason to expect to contain trustworthy, independent information," ultimately warning that Amazon "is betraying your trust in its results to make an extra buck.... Sure, Google and Facebook are chock full of ads, too. But on Amazon, we're supposed to be the customers, not the eyeballs for sale."

Ironically, since 2013 the Washington Post has been owned by... Jeff Bezos.

From the BBC: "Individuals associated with the U.S. military" are linked to an online propaganda campaign, Meta's latest adversarial-threat report says....

On Facebook, 39 accounts, 16 pages, and two groups were removed, as well as 26 accounts on Instagram, for violating the platforms' policy against "coordinated inauthentic behaviour". "This network originated in the United States," Meta wrote. It focused on countries including Afghanistan, Algeria, Iran, Iraq, Kazakhstan, Kyrgyzstan, Russia, Somalia, Syria, Tajikistan, Uzbekistan and Yemen — and mirrored tactics commonly used in propaganda campaigns against the West...

Some of those supporting the U.S. had posed as independent media outlets and some had tried to pass off content from legitimate outlets, such as BBC News Russian, as their own. The operation ran across many internet services, including Twitter, YouTube, Telegram, VKontakte and Odnoklassniki, according to Meta. "Although the people behind this operation attempted to conceal their identities and coordination, our investigation found links to individuals associated with the US military," its report says.
The article adds that experts believe the campaign "was largely ineffective."

An anonymous reader quotes a report from Ars Technica: On Tuesday, Meta AI announced the development of Cicero, which it clams is the first AI to achieve human-level performance in the strategic board game Diplomacy. It's a notable achievement because the game requires deep interpersonal negotiation skills, which implies that Cicero has obtained a certain mastery of language necessary to win the game. [...] Cicero learned its skills by playing an online version of Diplomacy on webDiplomacy.net. Over time, it became a master at the game, reportedly achieving "more than double the average score" of human players and ranking in the top 10 percent of people who played more than one game.

To create Cicero, Meta pulled together AI models for strategic reasoning (similar to AlphaGo) and natural language processing (similar to GPT-3) and rolled them into one agent. During each game, Cicero looks at the state of the game board and the conversation history and predicts how other players will act. It crafts a plan that it executes through a language model that can generate human-like dialog, allowing it to coordinate with other players. Meta calls Cicero's natural language skills a "controllable dialog model," which is where the heart of Cicero's personality lies. Like GPT-3, Cicero pulls from a large corpus of Internet text scraped from the web. "To build a controllable dialogue model, we started with a 2.7 billion parameter BART-like language model pre-trained on text from the internet and fine tuned on over 40,000 human games on webDiplomacy.net," writes Meta. The resulting model mastered the intricacies of a complex game. "Cicero can deduce, for example, that later in the game it will need the support of one particular player," says Meta, "and then craft a strategy to win that person's favor -- and even recognize the risks and opportunities that that player sees from their particular point of view." The research appeared in the journal Science.

Meta provided a detailed site to explain how Cicero works and has also open-sourced Cicero's code on GitHub.

Major tax filing services such as H&R Block, TaxAct, and TaxSlayer have been quietly transmitting sensitive financial information to Facebook when Americans file their taxes online, The Markup has learned. From the report: The data, sent through widely used code called the Meta Pixel, includes not only information like names and email addresses but often even more detailed information, including data on users' income, filing status, refund amounts, and dependents' college scholarship amounts.

The information sent to Facebook can be used by the company to power its advertising algorithms and is gathered regardless of whether the person using the tax filing service has an account on Facebook or other platforms operated by its owner Meta. Each year, the Internal Revenue Service processes about 150 million individual returns filed electronically, and some of the most widely used e-filing services employ the pixel, The Markup found.

Meta says it is taking additional steps to help protect the youth on its platforms. Now, anyone under the age of 16 years old can enroll in new privacy settings that are meant to limit who can see their Facebook profile. Likewise, Meta says it's also testing the removal of the messaging button on teen's Instagram profiles when viewed by an adult. From a report: In a company press release, Meta further detailed its initiative to add safeguards to its Facebook and Instagram products that will hopefully protect teenage users from "potentially suspicious adults." The major overhaul in this initiative was Meta setting new privacy defaults for teen Facebook profiles.

Any new users under 16 (or under 18 in certain countries) will automatically be enrolled in the new settings, which includes restricting who is able to view your friends list, tagged posts, pages and people you follow, as well as who is allowed to comment on your posts. Pre-existing teenage users will not be automatically enrolled in the new settings, but can opt in whenever they want. On both Instagram and Facebook, teen users will also now be able to report a user immediately after they have blocked them in both app's messaging interface. Users will first be greeted with a prompt that asks if they know the person they are messaging, and will then be able to block, restrict, or report the user depending on the platform. The dialogue box also explains what blocking and reporting will do, and guides the user to more detailed information pages. Further reading: Meta Sued in UK To Stop Personal Data Collection for Ads.

ABC News reports: The cryptocurrency exchange FTX owes creditors $3.1 billion, according to court documents filed late Saturday night....

Creditors' names were not listed on the court filing, but the largest is owed $226,280,579, .

As part of its bankruptcy proceedings, FTX was required to list to the court its 50 largest creditors — either individuals or corporations — who are owed money. The second largest entity is owed $203,292,504, the court filing shows.
A video at the top of the article from ABC News adds that several celebrities "are being sued by a man who invested in the now-bankrupt crypto exchange... The lawyer behind the class claims that FTX was a massive ponzi scheme, only successful because it had a boost from celebrities."

Meanwhile CNN adds that FTX "owes about $1.45 billion to its top ten creditors, it said in a court filing on Saturday, without naming them."

The crypto exchange said on Saturday it has launched a strategic review of its global assets and is preparing for the sale or reorganization of some businesses. A hearing on FTX's so-called first-day motions is set for Tuesday morning before a US bankruptcy judge, according to a separate court filing....

There could be more than 1 million creditors in the US cases that are already filed, FTX Group said, adding that it has been in touch with "dozens" of US and international regulatory agencies including the US Attorney's Office, the US Securities and Exchange Commission and the Commodity Futures Trading Commission.

Meanwhile, authorities in the Bahamas — where FTX is based — are investigating whether any criminal misconduct occurred related to the company's implosion, the Royal Bahamas Police Force said in a statement last Sunday. The Bahamian authorities have also taken control of cryptocurrency assets held by FTX Digital Markets, The Bahamas-based FTX unit that filed for Chapter 15 bankruptcy protection Tuesday.

"Drought conditions are worsening in the U.S.," reports CNBC, "and that is having an outsized impact on the real estate that houses the internet." Water is the cheapest and most common method used to cool the centers. In just one day, the average data center could use 300,000 gallons of water to cool itself — the same water consumption as 100,000 homes, according to researchers at Virginia Tech who also estimated that one in five data centers draws water from stressed watersheds mostly in the west. "There is, without a doubt, risk if you're dependent on water," said Kyle Myers, vice president of environmental health, safety & sustainability at CyrusOne, which owns and operates over 40 data centers in North America, Europe, and South America. "These data centers are set up to operate 20 years, so what is it going to look like in 2040 here, right...?"

Realizing the water risk in New Mexico, Meta, formerly known as Facebook, ran a pilot program on its Los Lunas data center to reduce relative humidity from 20% to 13%, lowering water consumption. It has since implemented this in all of its center. But Meta's overall water consumption is still rising steadily, with one fifth of that water last year coming from areas deemed to have "water stress," according to its website. It does actively restore water and set a goal last year to restore more water than it consumes by 2030, starting in the west.

Microsoft has also set a goal to be "water positive" by 2030. Â"The good news is we've been investing for years in ongoing innovation in this space so that fundamentally we can recycle almost all of the water we use in our data centers," said Brad Smith, president of Microsoft. "In places where it rains, like the Pacific Northwest where we're headquartered in Seattle, we collect rain from the roof. In places where it doesn't rain like Arizona, we develop condensation techniques."

CNN reports: Facebook's fact-checkers will need to stop fact-checking former President Donald Trump following the announcement that he is running for president, according to a company memo obtained by CNN.

While Trump is currently banned from Facebook, the fact-check ban applies to anything Trump says, and false statements made by Trump can be posted to the platform by others. Despite Trump's ban, "Team Trump," a page run by Trump's political group, is still active and has 2.3 million followers.... The carve-out is not exclusive to Trump and applies to all politicians, but given the rate fact-checkers find themselves dealing with claims made by the former president, a manager on Meta's "news integrity partnership" team emailed fact-checkers on Tuesday ahead of Trump's announcement. ...

The company has long had an exception to its fact-checking policy for politicians. "It is not our role to intervene when politicians speak," Meta executive Nick Clegg, a former politician, said in 2019, defending the exemption. The Meta memo sent to fact-checkers made clear that if Trump announced a 2024 presidential bid Tuesday night, he could no longer be fact-checked on the platform. The memo noted that "political speech is ineligible for fact-checking. This includes the words a politician says as well as photo, video, or other content that is clearly labeled as created by the politician or their campaign."

It concluded that "if former President Trump makes a clear, public announcement that he is running for office, he would be considered a politician under our program policies."

Andy Stone, a Meta spokesperson, said the memo was "a reiteration of our long-standing policy" and "should not be news to anyone...."

Meta plans on considering allowing Trump back on the platform as soon as January — two years since his initial ban.