Google

Sergey Brin Says He's Working on AI at Google 'Pretty Much Every Day' 49

An anonymous reader shares a report: Google co-founder and ex-Alphabet president Sergey Brin said he's back working at Google "pretty much every day" because he hasn't seen anything as exciting as the recent progress in AI -- and doesn't want to miss out. "It's a big, fast-moving field," Brin said at All-In Summit of AI, adding that there is "tremendous value to humanity," before explaining why he doesn't think training more capable AI will require massively scaling up compute.

"I've read some articles that extrapolate [compute] ... and I don't know if I'm quite a believer," he said, "partly because the algorithmic improvements that have come over the last few years maybe are actually even outpacing the increased compute that's being put into these models."
Technology

Nvidia CEO Reveals GPU and Software Moat in AI Chips 24

Nvidia is banking on its software expertise and broad GPU ecosystem to stay ahead in the fiercely competitive AI chip market, CEO Jensen Huang said in an interview with Goldman Sachs Wednesday. Huang pointed to NVIDIA's large base of installed GPUs and their software compatibility as key strengths.

Huang highlighted three key elements of Nvidia's competitive moat: a large installed base of GPUs across multiple platforms, the ability to enhance hardware with software like domain-specific libraries, and expertise in building rack-level systems. The CEO said Nvidia's chip design prowess, noting the company has developed seven different chips for its upcoming Blackwell platform.

These comments come as Nvidia faces increasing competition from rivals. Addressing supply chain concerns, Huang said NVIDIA has sufficient in-house intellectual property to shift manufacturing if necessary without significant disruption. The company plans to begin shipping Blackwell-based products in the fourth quarter of fiscal 2025, with volume production ramping up in fiscal 2026, according to Huang.

From the note that Goldman Sachs sent to its clients: 1) Accelerated Computing: Mr. Huang highlighted his long-held view that Moore's Law was no longer delivering the rate of innovation it had in the past and, as such, was driving computation inflation in Data Centers. Further, he noted that the densification and acceleration of the $1 trillion data center infrastructure installed base alone would drive growth over the next 10 years, as it would deliver material performance improvement and/or cost savings.

2) Customer ROI: Mr. Huang noted that we have hit the end of transistor scaling that enabled better utilization rates and cost reductions in the previous virtualization and cloud computing cycles. He explained that, while using a GPU to augment a CPU will drive an increase in cost in absolute terms (~2x) in the case of Spark (distributed processing system and analytics engine for big data), the net cost benefit could be as large as ~10x for an application like Spark given the speed up of ~20x. From a revenue generation perspective, Mr. Huang shared that hyperscale customers can generate $5 in rental revenue for every $1 spent on Nvidia's infrastructure, given sustained strength in the demand for accelerated computing.
Television

TV News Overtaken By Digital Rivals For First Time in UK (ft.com) 38

Television has ceased to be the main source of news in the UK for the first time since the 1960s as Britons turn increasingly to online news and social media apps, according to research by the media regulator. From a report: Ofcom said on Tuesday that viewing of TV news had continued to fall steeply, with online platforms such as Facebook, YouTube and TikTok and digital versions of broadcasters now slightly more widely used as a source of news.ÂIn its annual study of audience habits, the watchdog said 71 per cent of adults obtained news online, compared with 70 per cent via TV -- a finding it described as "marking a generational shift in the balance of news media."

The reach of TV news has fallen from 75 per cent last year. More than four-fifths of people between the ages of 16 and 24 obtained their news from social media, Ofcom found. The report underlines the pressure on more traditional linear broadcasters such as the BBC, Sky and Channel 4 to accelerate moves to digital platforms, which include their own streaming sites as well as social media apps such as TikTok.Â

Businesses

Ford Seeks Patent For Tech That Listens To Driver Conversations To Serve Ads (therecord.media) 166

Ford is seeking a patent for technology that would allow it to tailor in-car advertising by listening to conversations among vehicle occupants, as well as by analyzing a car's historical location and other data, according to a patent application published late last month. The Record: "In one example, the controller may monitor user dialogue to detect when individuals are in a conversation," the patent application says. "The conversations can be parsed for keywords or phrases that may indicate where the occupants are traveling to." The tech -- labeled as "in-vehicle advertisement presentation" -- will determine where a car is located, how fast it is traveling, what type of road it is driving on and whether it is in traffic. It also will predict routes, speeds and destinations to customize ads to drivers, the application said.

The system could pull data from "audio signals within the vehicle and/or historical user data, selecting a number of the advertisements to present to the user during the trip," the patent application said. By monitoring dialogue between vehicle occupants the ad controller system can determine when to deliver audio versus visual ads, providing ads to drivers as they travel "through a human-machine interface (HMI) of the vehicle," the application said.

AI

Senate Leaders Ask FTC To Investigate AI Content Summaries As Anti-Competitive (techcrunch.com) 54

An anonymous reader quotes a report from TechCrunch: A group of Democratic senators is urging the FTC and Justice Department to investigate whether AI tools that summarize and regurgitate online content like news and recipes may amount to anticompetitive practices. In a letter to the agencies, the senators, led by Amy Klobuchar (D-MN), explained their position that the latest AI features are hitting creators and publishers while they're down. As journalistic outlets experience unprecedented consolidation and layoffs, "dominant online platforms, such as Google and Meta, generate billions of dollars per year in advertising revenue from news and other original content created by others. New generative AI features threaten to exacerbate these problems."

The letter continues: "While a traditional search result or news feed links may lead users to the publisher's website, an AI-generated summary keeps the users on the original search platform, where that platform alone can profit from the user's attention through advertising and data collection. [] Moreover, some generative AI features misappropriate third-party content and pass it off as novel content generated by the platform's AI. Publishers who wish to avoid having their content summarized in the form of AI-generated search results can only do so if they opt out of being indexed for search completely, which would result in a materially significant drop in referral traffic. In short, these tools may pit content creators against themselves without any recourse to profit from AI-generated content that was composed using their original content. This raises significant competitive concerns in the online marketplace for content and advertising revenues."

Essentially, the senators are saying that a handful of major companies control the market for monetizing original content via advertising, and that those companies are rigging that market in their favor. Either you consent to having your articles, recipes, stories, and podcast transcripts indexed and used as raw material for an AI, or you're cut out of the loop. The letter goes on to ask the FTC and DOJ to investigate whether these new methods are "a form of exclusionary conduct or an unfair method of competition in violation of the antitrust laws." [...] The letter was co-signed by Senators Richard Blumenthal (D-CT), Mazie Hirono (D-HI), Dick Durbin (D-IL), Sheldon Whitehouse (D-RI), Tammy Duckworth (D-IL), Elizabeth Warren (D-MA), and Tina Smith (D-MN).

Google

Google Signs $10 Million Carbon Capture Deal, At $100 Per Ton of CO2 (datacenterdynamics.com) 40

An anonymous reader quotes a report from Data Center Dynamics: Google has signed a $10 million deal to pull 100,000 tons of carbon dioxide out of the air. The company will buy direct air capture (DAC) credits from startup Holocene, to be delivered in the early 2030s. The deal is the lowest price on record for DAC, at $100 per ton -- a price the Department of Energy previously said was needed to make carbon capture mainstream. Google will provide the funds up front, but there is no guarantee that Holocene will hit that goal. Running Tide, a carbon removal company that Microsoft paid to capture 12,000 tons of CO2 in 2023, shut down in 2024. The $100 price was also made possible thanks to the US government's 45Q tax credit, which provides DAC suppliers $180 per ton of carbon removed.

Holocene passes air through a waterfall with an amino acid added to it which binds CO2. This is then mixed with guanidine to form a solid crystal mass. Next, the amino acid is sent back to the beginning of the loop, while the solid is lightly heated to release pure CO2 -- which can then be stored. The company plans to capture and store 100,000 tons of CO2 by the early 2030s.
"The structure of this partnership -- providing immediate funding to achieve an ambitious but important price in the medium term -- is just one way to support carbon removal as it scales," Randy Spock, carbon credits and removals lead, said.
AI

Google's AI Will Help Decide Whether Unemployed Workers Get Benefits 58

An anonymous reader quotes a report from Gizmodo: Within the next several months, Nevada plans to launch a generative AI system powered by Google that will analyze transcripts of unemployment appeals hearings and issue recommendations to human referees about whether or not claimants should receive benefits. The system will be the first of its kind in the country and represents a significant experiment by state officials and Google in allowing generative AI to influence a high-stakes government decision -- one that could put thousands of dollars in unemployed Nevadans' pockets or take it away. Nevada officials say the Google system will speed up the appeals process -- cutting the time it takes referees to write a determination from several hours to just five minutes, in some cases -- helping the state work through a stubborn backlog of cases that have been pending since the height of the COVID-19 pandemic.

The tool will generate recommendations based on hearing transcripts and evidentiary documents, supplying its own analysis of whether a person's unemployment claim should be approved, denied, or modified. At least one human referee will then review each recommendation, said Christopher Sewell, director of the Nevada Department of Employment, Training, and Rehabilitation (DETR). If the referee agrees with the recommendation, they will sign and issue the decision. If they don't agree, the referee will revise the document and DETR will investigate the discrepancy. "There's no AI [written decisions] that are going out without having human interaction and that human review," Sewell said. "We can get decisions out quicker so that it actually helps the claimant."

Judicial scholars, a former U.S. Department of Labor official, and lawyers who represent Nevadans in appeal hearings told Gizmodo they worry the emphasis on speed could undermine any human guardrails Nevada puts in place. "The time savings they're looking for only happens if the review is very cursory," said Morgan Shah, director of community engagement for Nevada Legal Services. "If someone is reviewing something thoroughly and properly, they're really not saving that much time. At what point are you creating an environment where people are sort of being encouraged to take a shortcut?" Michele Evermore, a former deputy director for unemployment modernization policy at the Department of Labor, shared similar concerns. "If a robot's just handed you a recommendation and you just have to check a box and there's pressure to clear out a backlog, that's a little bit concerning," she said. In response to those fears about automation bias Google spokesperson Ashley Simms said "we work with our customers to identify and address any potential bias, and help them comply with federal and state requirements."
"There's a level of risk we have to be willing to accept with humans and with AI," added Amy Perez, who oversaw unemployment modernization efforts in Colorado and at the U.S. Department of Labor. "We should only be putting these tools out into production if we've established it's as good as or better than a human."
Windows

Windows Update Zero-Day Being Exploited To Undo Security Fixes (securityweek.com) 35

wiredmikey shares a report from SecurityWeek: Microsoft on Tuesday raised an alarm for in-the-wild exploitation of a critical flaw in Windows Update, warning that attackers are rolling back security fixes on certain versions of its flagship operating system. The Windows flaw, tagged as CVE-2024-43491 and marked as actively exploited, is rated critical and carries a CVSS severity score of 9.8/10. Redmond's documentation of the bug suggests a downgrade-type attack similar to the 'Windows Downdate' issue discussed at this year's Black Hat conference. Microsoft's bulletin reads: "Microsoft is aware of a vulnerability in Servicing Stack that has rolled back the fixes for some vulnerabilities affecting Optional Components on Windows 10, version 1507 (initial version released July 2015). This means that an attacker could exploit these previously mitigated vulnerabilities on Windows 10, version 1507 (Windows 10 Enterprise 2015 LTSB and Windows 10 IoT Enterprise 2015 LTSB) systems that have installed the Windows security update released on March 12, 2024 -- KB5035858 (OS Build 10240.20526) or other updates released until August 2024. All later versions of Windows 10 are not impacted by this vulnerability."

To protect against this exploit, Microsoft says Windows users should install this month's Servicing stack update (SSU KB5043936) and the September 2024 Windows security update (KB5043083), in that order.
Social Networks

A Surgeon General Warning Label Must Appear on Social Media Apps, 42 State Attorneys General Demand 46

It's hard to get 42 states to agree on much. But a bipartisan group of attorneys general on Tuesday demanded that Congress require Surgeon General warning labels on social media apps to help curtail addiction and a mental health crisis among young adults. From a report: "As state Attorneys General, we sometimes disagree about important issues, but all of us share an abiding concern for the safety of the kids in our jurisdictions -- and algorithm-driven social media platforms threaten that safety," the 42 attorneys general said in a letter to Congress. States have taken legal action against a number of social media companies, including Meta and TikTok. But they argue more needs to be done in Washington to alert people to the dangers social media platforms present.

"In addition to the states' historic efforts, this ubiquitous problem requires federal action -- and a surgeon general's warning on social media platforms, though not sufficient to address the full scope of the problem, would be one consequential step toward mitigating the risk of harm to youth," the attorneys general said. The letter echoed much of what Surgeon General Vivek Murthy outlined in a scathing New York Times op-ed in June, that drew a direct comparison between the apps -- TikTok, Instagram, Facebook, Snapchat and others -- to cancer causing cigarettes.

Murthy cited several studies, including a 2019 American Medical Association study published in JAMA that showed teens who spend three hours a day on social media double their risk of depression. Teens spend nearly five hours a day on social media apps, according to a Gallup poll.
The Internet

Malaysia's Plan To Block Overseas DNS Dies After a Day (theregister.com) 30

Malaysia's telecom regulator has abandoned a plan to block overseas DNS services a day after announcing it, following a sharp backlash and accusations of government overreach. From a report: Last Friday, the Malaysian Communications and Multimedia Commission (MCMC) published an FAQ that stated it had instructed all ISPs to redirect traffic headed for offshore DNS servers to services operated by Malaysian ISPs -- a move it claimed would prevent access to malicious and harmful websites such as those concerning gambling, pornography, copyright infringement or scams. "No, the DNS redirection will not affect your connection speed or browsing experience for legitimate websites," the Commission promised in its FAQ.

But opposition to the plan quickly emerged, on grounds that it could amount to censorship and therefore represented government overreach. Musician turned state legislator Syed Ahmad Syed Abdul Rahman Alhadad labelled the decision "draconian" and a negative for Malaysia's digital economy. Fellow state assemblyperson Lim Yi Wei described the policy as "ill-advised," censorship, inefficient, and unsecure -- as well as counterproductive to government efforts to develop tech startups, innovation and datacenters.

Technology

Russia To Spend $646 Million To Block VPNs (yahoo.com) 67

An anonymous reader shares a report: Russia's communications watchdog Roskomnadzor plans to spend 59 billion rubles ($644 million) over the next five years to upgrade its internet traffic-filtering capabilities, the Russian edition of Forbes reported on Tuesday. The money will be used to upgrade hardware used to filter internet traffic, as well as block or slow down certain resources, Forbes reported, citing documents.

Russia passed a law in 2019 to enable the country to cut itself off entirely from the internet, in what it calls a campaign to maintain its digital sovereignty. Following the full-scale invasion of Ukraine, the Kremlin forced out several foreign social media and internet companies, although many services remain accessible via virtual private networks, or VPNs. The system upgrades will allow Russian authorities to better restrict access to VPNs, according to the document. New equipment has been purchased yearly since 2020 as traffic volumes grow, Roskomnadzor's press service said, according to Forbes.

Microsoft

Microsoft Performs Operations With Multiple Error-Corrected Qubits (arstechnica.com) 14

Microsoft today announced significant strides in its Azure Quantum Cloud service, including the demonstration of logical operations using the largest number of error-corrected qubits ever achieved. This progress brings the industry closer to building reliable quantum computers capable of solving complex problems beyond the reach of classical systems, the company said.

In a significant partnership, Microsoft is collaborating with Atom Computing to integrate their neutral-atom hardware into Azure Quantum. Atom Computing has already shown promise with hardware exceeding 1,000 qubits. Key to Microsoft's advancements is the implementation of the "tesseract code" error correction scheme on Quantinuum's trapped-ion quantum hardware. This led to a 22-fold reduction in error rates, a critical step towards reliable quantum computations. Microsoft is also committed to simplifying quantum programming. Azure's Q# language will now automatically handle complex error correction, making quantum development more accessible.
Oracle

'Oracle's Missteps in Cloud Computing Are Paying Dividends in AI' (msn.com) 26

Oracle missed the tech industry's move to cloud computing last decade and ended up an also-ran. Now the AI boom has given it another shot. WSJ: The 47-year-old company that made its name on relational database software has emerged as an attractive cloud-computing provider for AI developers such as OpenAI, sending its long-stagnant stock to new heights. Oracle shares are up 34% since January, well outpacing the Nasdaq's 14% rise and those of bigger competitors Microsoft, Amazon.com and Google.

It is a surprising revitalization for a company many in the tech industry had dismissed as a dinosaur of a bygone, precloud era. Oracle appears to be successfully making a case to investors that it has become a strong fourth-place player in a cloud market surging thanks to AI. Its lateness to the game may have played to its advantage, as a number of its 162 data centers were built in recent years and are designed for the development of AI models, known as training.

In addition, Oracle isn't developing its own large AI models that compete with potential clients. The company is considered such a neutral and unthreatening player that it now has partnerships with Microsoft, Google and Amazon, all of which let Oracle's databases run in their clouds. Microsoft is also running its Bing AI chatbot on Oracle's servers.

Google

Google's 2.4 Billion Euro Fine Upheld By Europe's Top Court in EU Antitrust Probe (cnbc.com) 11

Europe's top court on Tuesday upheld a 2.4 billion euro ($2.65 billion) fine imposed on Google for abusing its dominant position by favoring its own shopping comparison service. From a report: The fine stems from an antitrust investigation by the European Commission, the executive arm of the European Union, which concluded in 2017. The commission said at the time that Google had favored its own shopping comparison service over those of its rivals. Google appealed the decision with the General Court, the EU's second-highest court, which also upheld the fine. Google then brought the case before the European Court of Justice, the EU's top court.

The ECJ on Tuesday dismissed the appeal and upheld the commission's fine. "We are disappointed with the decision of the Court," a Google spokesperson told CNBC on Tuesday. "This judgment relates to a very specific set of facts. We made changes back in 2017 to comply with the European Commission's decision. Our approach has worked successfully for more than seven years, generating billions of clicks for more than 800 comparison shopping services."

Australia

Australia Plans Age Limit To Ban Children From Social Media (yahoo.com) 99

An anonymous reader quotes a report from Agence France-Presse: Australia will ban children from using social media with a minimum age limit as high as 16, the prime minister said Tuesday, vowing to get kids off their devices and "onto the footy fields." Federal legislation to keep children off social media will be introduced this year, Anthony Albanese said, describing the impact of the sites on young people as a "scourge." The minimum age for children to log into sites such as Facebook, Instagram, and TikTok has not been decided but is expected to be between 14 and 16 years, Albanese said. The prime minister said his own preference would be a block on users aged below 16. An age verification trial to test various approaches is being conducted over the coming months, the centre-left leader said. [...]

It is not even clear that the technology exists to reliably enforce such bans, said the University of Melbourne's associate professor in computing and information technology, Toby Murray. "The government is currently trialling age assurance technology. But we already know that present age verification methods are unreliable, too easy to circumvent, or risk user privacy," he said. But the prime minister said parents expected a response to online bullying and the access social media gave to harmful material. "These social media companies think they're above everyone," he told a radio interviewer. "Well, they have a social responsibility and at the moment, they're not exercising it. And we're determined to make sure that they do," he said.

Google

US Prepares To Challenge Google's Online Ad Dominance (reuters.com) 24

An anonymous reader quotes a report from the New York Times: For years, Google has faced complaints about how it dominates the online advertising market. Many of the concerns stem from the internet giant's suite of software known as Google Ad Manager, which websites around the world use to sell ads on their sites. The technology conducts split-second auctions to place ads each time a user loads a page. The dominance of that technology has landed Google in federal court. On Monday, Judge Leonie Brinkema of the U.S. District Court for the Eastern District of Virginia will preside over the start of a trial in which the Department of Justice accuses the company of abusing control of its ad technology and violating antitrust law (Warning: source may be paywalled; alternative source).

It would be Google's second antitrust trial in less than a year. In August, a federal judge ruled in a separate case that Google had illegally maintained a monopoly in online search, a major victory for the Justice Department. The new trial is the latest salvo by federal antitrust regulators against Big Tech, testing a century-old competition law against companies that have reshaped the way people shop, communicate and consume information. Federal regulators have also filed antitrust lawsuits against Apple,Amazon and Meta, which owns Facebook, Instagram and WhatsApp, saying those companies have also abused their power.
Google's vice president for regulatory affairs, Lee-Anne Mulholland, said in a blog post on Sunday that the Justice Department was "picking winners and losers in a highly competitive industry."

"With the cost of ads going down and the number of ads sold going up, the market is working," she said. "The DOJ's case risks inefficiencies and higher prices -- the last thing that America's economy or our small businesses need right now."
Operating Systems

Apple Will Release iOS 18, macOS 15, iPadOS 18, Other Updates on September 16 9

Apple plans to release the next versions of iOS, iPadOS, macOS, and watchOS to the general public on September 16, the company announced via its website following its iPhone-centric product event earlier today. From a report: We should also see updates for tvOS and the HomePod operating system on the same date. The new releases bring a number of new features and refinements to Apple's platforms: better texting with Android devices thanks to support for the RCS standard, iPhone Mirroring that allows you to interact with your iPhone via your Mac, more UI customization options for iPhones and iPads, and other improvements besides. What won't be included in these initial releases is any hint of Apple Intelligence, the batch of generative AI and machine learning features that Apple announced at its Worldwide Developers Conference in June. Apple is testing some of the Apple Intelligence features in betas of iOS 18.1, iPadOS 18.1, and macOS 15.1, updates that will be released later this fall.
Earth

Cabernet is the Most Popular Red Wine in the US. Can It Endure Climate Change? 64

Rising temperatures are threatening the future of Napa Valley's prized cabernet sauvignon, forcing winemakers to adapt to increasingly severe heat waves. Some vineyards are experimenting with heat-tolerant grape varieties to blend with cabernet, while others are investing in cooling technologies.

The shift poses significant risks for Napa's multibillion-dollar wine industry. U.S. regulations require wines labeled as cabernet to contain at least 75% cabernet grapes, and blends typically command lower prices in the market. Studies show the average temperature during the crucial ripening period in Napa has warmed almost 3 degrees Fahrenheit (1.7C) from 1958 to 2016. Extreme heat can damage molecules that produce a wine's color and aroma, potentially altering the renowned flavor profile of Napa cabernets.
Crime

How an Engineer Exposed an International Bike Theft Ring - By Its Facebook Friends (msn.com) 50

Security engineer Bryan Hance co-founded the nonprofit Bike Index, back in 2013, reports the Los Angeles Times, "where cyclists can register their bikes and contact information, making it easier to reunite lost or stolen bikes with their owners." It now holds descriptions and serial numbers of about 1.3 million bikes worldwide.

"But in spring 2020, Hance was tipped to something new: Scores of high-end bikes that matched the descriptions of bikes reported stolen from locations across the Bay Area were turning up for sale on Facebook Marketplace and Instagram pages attached to someone in Mexico, thousands of miles away..." The Facebook page he first spotted disappeared, replaced by pages that were blocked to U.S. computers; Hance managed to get in anyway, thanks to creative use of a VPN. He started reaching out to the owners whose stolen bikes he suspected he was seeing for sale. "Can you tell me a little bit about how your bike was stolen," he would ask. Often, the methods were sophisticated and selective. Thieves would break into a bicycle room at an apartment complex with a specialized saw and leave minutes later with only the fanciest mountain bikes...

Over time, he spoke to more than a dozen [police] officers in jurisdictions across the Bay Area, including Alameda, Santa Clara, Santa Cruz, Marin, Napa and Sonoma counties... [H]ere was Hance, telling officers that he believed he had located a stolen bike, in Mexico. "That's gone," the officer would inform him. Or, one time, according to Hance: "We're not Interpol." Hance also tried to get Meta to do something. After all, he had identified what could be hundreds of stolen bikes being sold on its platforms, valued, he estimated, at well over $2 million. He said he got nowhere...

[Hance] believed he'd figured out the identity of the seller in Jalisco, and was monitoring that person's personal social media accounts. In early 2021, he had spotted something that might break open the case: the name of a person who was sending the Jalisco seller photos of bikes that matched descriptions of those reported stolen by Bay Area cyclists. Hance theorized that person could be a fence who was collecting stolen bikes on this side of the border and sending photos to Jalisco so they could be posted for sale. Hance hunted through the Jalisco seller's Facebook friends until he found the name there: Victor Romero, of San Jose. More sleuthing revealed that a man by the name of Victor Romero ran an auto shop in San Jose, and, judging by his own Facebook photos, was an avid mountain biker. There was something else: Romero's auto shop in San Jose had distinctive orange shelves. One photo of a bike listed for sale on the Jalisco seller's site had similar orange shelves in the backdrop.

Hance contacted a San Francisco police detective who had seemed interested in what he was doing. Check out this guy's auto shop, he advised. San Francisco police raided Romero in the spring of 2021. They found more than $200,000 in cash, according to a federal indictment, along with screenshots from his phone they said showed Romero's proceeds from trafficking in stolen bikes. They also found a Kona Process 153 mountain bike valued at about $4,700 that had been reported stolen from an apartment garage in San Francisco, according to the indictment. It had been disassembled and packaged for shipment to Jalisco.

In January, a federal grand jury indicted Victoriano Romero on felony conspiracy charges for his alleged role in a scheme to purchase high-end stolen bicycles from thieves across the Bay Area and transport them to Mexico for resale.

But bikes continue to be stolen, and "The guy is still operating," Hance told the Los Angeles Times.

"We could do the whole thing again."
Social Networks

'Thousands" of Telegram Channels Sell Stolen Identities, Reports WSJ (msn.com) 91

The Wall Street Journal writes that Telegram "has become the premier internet platform to buy everything from hacked data and weapons to illicit drugs and child sexual abuse material, according to current and former law-enforcement officials and cybercrime researchers..."

And it's also being used by identity thieves: There are thousands of channels and groups on Telegram that offer stolen identities that can be used to open bank and investment accounts. Some claim to offer already created bank accounts created with stolen details. A channel called Bank Store Online listed accounts at over 60 banks and cryptocurrency exchanges for sale, ranging from $80 for a personal account to $1,800 for a business one. Payments were charged in crypto... There are thousands of channels and groups on Telegram that offer stolen identities that can be used to open bank and investment accounts. Some claim to offer already created bank accounts created with stolen details. A channel called Bank Store Online listed accounts at over 60 banks and cryptocurrency exchanges for sale, ranging from $80 for a personal account to $1,800 for a business one. Payments were charged in crypto.

In Russia, where Durov launched Telegram in 2013, it is also the go-to platform where middlemen arrange deals that get around U.S. sanctions, such as smuggling in weapons parts, the Journal previously reported. Several groups advertise the sale of drones and Starlinks — small antennas to access the satellite internet network run by Elon Musk's SpaceX — to Russian combat units in Ukraine. In February, Musk tweeted that no Starlinks had been directly or indirectly sold to Russia, to the best of the company's knowledge. "It's ground zero for every illicit activity you can think of," said Evan Kohlmann, founder of Cloudburst Technologies, which monitors cybercrime on Telegram and elsewhere, and a frequent adviser to U.S. agencies.

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