Flying Car Makes Historic Flight, Amazon Thinks the FTC Chair is Mean, FINRA Robs Robinhood

I’m really am trying to keep on it on the level, and this week we have some interesting stories.. I’m on with Mark Starling, Seth, John, and the First News 570 crew. This week, a real life flying car successfully concludes a test flight, Amazon has a beef with the new FTC chairperson, and FINRA fines Robinhood for record dollars. You can listen to Mark and I point and laugh while talking about the wild and crazy technology world every Thursday morning, LIVE at 6:43am Eastern.

If it was a little sleaker

THE JETSON REJOICE AS FLYING CAR COMPLETES TEST FLIGHT

My first question is…who in the heck is buying flying cars right now? You’ll read in a moment. Professor Stefan Klein, inventor and creator of the AirCar, has successfully flown a 35-minutes test flight of the world’s first flying car between Nitra and Bratislava, Slovakia. The AirCar is a prototype that seats two passengers and has a 1,000 kilometer range at 2,500 feet. The car has clocked 40 hours in the air, and automakers are saying that the AirCar is part of the future. The AirCar doesn’t take off and land vertically so it requires a runway. There are…40,000 orders for the AirCar in the US according to Klein. And he’s hoping to convert 5% of those orders. Who’s ordering AirCars? My wife will be happy, she’s been wanting to see AirCar’s for the last 21 years.

FINRA ROBS FROM ROBINHOOD BY SLAPPING IT WITH RECORD FINE

Yesterday, the Financial Industry Regulatory Authority, FINRA, issued a record setting fine against Robinhood, not the fictional character, but the trading app of GameStop fame. FINRA claims that Robinhood regularly mislead its app’s users of trading terms, used flakey algorithms to certify users were able to trade on margin, failed to update its product, trading outages during trading hours, and regularly listed incorrect balances for users accounts. FINRA even cited the possibility of the death of Alex Kearns, a Robinhood user that committed suicide after finding a negative $730,000 balance in his account due to unintentional margin trades. Robinhood has agreed to pay the fine.

AMAZON WANTS FTC CHAIR TO RECUSE HERSELF BECAUSE SHE’S MEAN

After a spectacular show of bipartisanship with the Senate confirming Lina Khan as FTC Chairperson, Amazon has launched an offensive saying that the FTC Chair should recuse herself from investigating Amazon for antitrust offenses. In a 25-page petition, Amazon says that they disagree with Chairperson Khan’s views about the company and technology companies in general. Khan’s view is that current antitrust laws are outdated and don’t limit the limitless power today’s technology companies wield. Remember, Chairperson Khan was confirmed in record time. Both Democrats and Republicans have chosen Big Tech as their whipping boy.

John McAfee Found Dead in Prison, Smile You’re on Canon Camera, Sonic Turns 30

So, last Friday was a shit show in the least. I keep on pushing on following on my mission despite the odds. I’m on with Mark Starling, Seth, John, and the First News 570 crew. This week, Sonic the Hedgehog turns 30, Chinese employees have to smile in order to work, and John McAfee was found dead in his prison cell. You can listen to Mark and I point and laugh while talking about the wild and crazy technology world every Thursday morning, LIVE at 6:43am Eastern.

John McAfee – Courtesy Reuters

JOHN MCAFEE FOUND DEAD IN SPANISH PRISON CELL

Antivirus software pioneer, John McAfee, was found dead in his Spanish prison cell, yesterday. Local prison authorities say the cause of death was suicide. Hours early, Spain’s highest court had ruled in favor of a US extradition which would have sent him back to the United States under custody for tax evasion. McAfee lived a wild and crazy life. After making a fortune selling antivirus software, McAfee lived a life of foreign travel, guns on yachts, and underaged girls. He’s been charged in a handful of countries for complaints ranging from driving under the influence to murder. He was facing 30 years in US prison if were to be convicted of the charges he was facing stateside. His final quote is telling, but a good one, “My remaining assets are all seized. My friends evaporated through fear of association. I have nothing. Yet, I regret nothing.”

CANON WORKERS IN CHINESE MUST SMILE FIRST BEFORE ENTERING

We already know China is a police state which is building itself on social capital. The latest trend for Chinese companies is to force their employees to smile before entering. A Canon subsidiary, yes that Canon. Andre Agassi commercials Canon, has installed AI-powered cameras that will only let employees enter their offices and break rooms if they smile into the camera. Canon isn’t the only company using smile technology to goad its employees. The trend is catching on for other companies on Chinese soil. It’s one heck of a way to enforce morale. Until someone goes postal.

SONIC TURNS 30

Here’s a story that’ll make all of you GenXers smile. Sonic the Hedgehog turned 30 yesterday. That’s right, you are old. Sonic the Hedgehog of SEGA Genesis fame will be celebrated with a remixed former Wii title, Sonic Colors: Ultimate, two new cartoon series with one coming next year, a new game, and a new in 2022 movie featuring Tails. I don’t know who you are, but you can admit you saw that crappy movie Sonic the Hedgehog movie. It made $306 million. Don’t lie you saw it.

Bipartisan Bills Threaten Big Tech, Commander X Caught, and Facebook Gets Podcasts

#Nope

I need y’all to wish me luck. I have to dance with the devil this coming Friday. I’m on with Mark Starling, Seth, John, and the First News 570 crew. This week, Facebook adds podcasts to its products, the long arm of John Law finds Commander X in Mexico, and a bipartisan bill barrage threatens tech dominance. You can listen to Mark and I point and laugh while talking about the wild and crazy technology world every Thursday morning, LIVE at 6:43am Eastern.

CONGRESS TAKES ON BIG TECH

In less than a week’s time, the US Congress has launched a bipartisan-backed salvo of bills aimed at chipping away the power of technology companies. The bills are aimed at forcing tech companies to sell away parts of their businesses if they grow to big, disallow favoring their own bundled services in search results, and charging higher filing fees for mergers so antitrust lawyers have a bigger budget. These bills are stemming from 16 months of congressional investigations on Apple, Amazon, Facebook, Google, and Microsoft. I’m not convinced we’ll see much action on these bills, but we’ll have to see.

In another bipartisan move, technology critic, Lina Khan, was selected as the Biden administration’s chair of the FTC. The Senate confirmed in…two hours.

COMMANDER X CAUGHT IN MEXICO

Hactivist, Chris “Commander X” Doyon was arrested by Mexican police. The homeless hacker had lived an elusive life by evading authorities for 10 years after performing a massive denial of service attack on computers owned and managed by the city of Santa Cruz, California. Commander X has been hanging out on Twitter, wrote a memoir, appeared on documentaries and has met a couple of journalists telling his story. Mexican police arrested Commader X on June 11th. He was arrested for the 2010 take down of Santa Cruz computers and subsequently skipped bail going on the lamb until June 11th.

FACEBOOK GETS PODCASTS…TOO

Just as we finished talking about tech companies getting too big, Facebook has been shouting from the roof tops about how they will begin offering a podcast service to their products. Facebook will be providing tools for listeners and content creators on their platform. Facebook encouraging content creators to choose their platform by providing a product called Clips that makes it easier to create sound bytes for easy sharing. Facebook is billing itself as THE place to listen to podcasts because they’ll be shareable in the big blue app like every thing else. One strange thing about FB’s licensing is that they are asking for rights to make derivative works. I swear.

Feds Get Crypto Cash, Small Change Knocks Out Big Internet, No Hardware but Software at WWDC

Pretty Much

Do you ever feel like every week is a test, and you’re confronted by a brand new monster of the week? It’s Thursday and tomorrow is Friday. I came off of my bi-annual weekly fast this week and I’m no longer light headed. I’m on with Mark Starling, Seth, John, and the First News 570 crew. This week, Feds collect Colonial Pipeline’s crypto cash, the fruit company announced new software products and nothing new on the hardware front, and one Fastly customer caused an Internet blackout. You can listen to Mark and I point and laugh while talking about the wild and crazy technology world every Thursday morning, LIVE at 6:43am Eastern.

FEDS COLLECT COLONIAL CRYPTO CASH

Seriously, think about it. The US government, searched the blockchain, found DarkSide’s transactions in the ledger, figured out the public keys of their digital wallets, and seized MOST of the ill-gotten BitCoins Colonial Pipeline paid to the hacker gang. The FBI recovered $2.3 million of the original $5 million ransom by somehow cracking the private keys of DarkSide’s digital wallet. I think that’s pretty damned amazing if its true. DarkSide was operating a “ransomware as a service” business and had ultimately received $90 million in BTC payments for running the scam. The $2.3 million sum is less than the original $5 million because BitCoin has been falling out of favor lately losing value from its $60,000 high to closing at $32, 000 per BTC yesterday.

NEW SOFTWARE, NO HARDWARE AT THIS YEAR’S WWDC

About this time every year, fans of a certain fruit company look towards California to be dazzled and amazed at what’s to come in the Fall. Repeating last year’s announcements, this year’s Apple WorldWide Developer Conference was held virtually at Apple’s headquarters in Cupertino. WWDC is for the developers, and while there were no hardware announcements there were plenty of new things for people to look forward to. Apple announced new operating systems in virtually every class with updates for iOS15, iPadOS, watchOS, and surprisingly an update macOS with the announcement of a new Monterrey operating system. A macOS update is somewhat surprising since Apple release Big Sur in December 2020. There wasn’t much to write home about which signals a point in product lifecycles that resemble evolutions more than revolutions.

There are some things to like however, FaceTime will be getting spatial audio enhancements which promise more lifelike sound during phone calls. Apple is clearly positioning FaceTime to take on applications like Zoom and others. At the height of the pandemic, FT just wasn’t up to snuff, and updates promise to put the app on par. Also coming out of the height of the pandemic is a new feature called SharePlay which allows people to have shared viewing experiences. I don’t know about your but watching Tiger King and Lovecraft Country using Netflix Party was a delight. You have to be on an FT call to make it work.

Apple is also touting you’ll be able to check in to your hotel using the Wallet app and will also be able to store your Driver’s License info in Wallet. macOS will get widgets and the Shortcuts app if you’re about that life. iPadOS will be getting better multitasking and allow remote control from a Mac! Now that is a useful feature. Developers will be getting beta editions of each product this week.

FASTLY CUSTOMER CHANGES SETTINGS AND INTERNET BLACKS OUT

Talk about vulnerabilities. Earlier this week, Internet provider, Fastly experienced a software glitch that caused a blackout on a huge swatch of Internet. Fastly isn’t naming names, but the customer made a configuration change in their service which trigger the bug. The bug then knocked out Internet service to a number of notable companies including Amazon, Reddit, The Guardian, Spotify, Hulu, BBC, CNN the New York Times, the UK Government…you get the point. Fastly’s engineers restored service after 50 minutes of discovering the bug. Even though the Internet is global in nature, and use routing to send traffic when significant parts of the network go down, most traffic on the Internet is routed by a small number of companies. This experience just showed how vulnerable we are when trusting our utility to a handful of companies.

Industrial Athletes Compete for No Prizes, Amazon Sidewalk Goes Live, and More Home Products from the Fruit Company

I was told this week, that I shouldn’t take things personally. I’m glad it’s Thursday. For our regular readers, I wound up not taking the entire day off. I logged in, in the morning and at night. I’m on with Mark Starling, Seth, John, and the First News 570 crew. This week, Amazon devices use Sidewalk mesh, industrial athletes compete for nothing, and Apple job posting teases new home products. You can listen to Mark and I point and laugh while talking about the wild and crazy technology world every Thursday morning, LIVE at 6:43am Eastern.

Amazon Sidewalk Mooching Off of My WiFi

AMAZON SIDEWALK GOES LIVE THIS WEEK: SHOULD YOU OPT-OUT

I am. Amazon devices the world over will have Sidewalk activated by default next week. Amazon Sidewalk is a WiFi mesh networking service used by Amazon Echo and Alexa powered devices to expand their range. The service is designed to be only used by Amazon devices in order to extend coverage for d evices on the fringe. For instance, if you have an Amazon Ring device that’s on the edge of your home WiFi range, your Ring could piggy-back on your neighbor’s WiFi to operate properly. Not a bad concept since the mesh network is only used for these devices, but it’s an opt-out, not opt-in deal. For me that’s a non-starter. If you want to opt-out of Amazon Sidewalk follow these simple steps:

  • Open up your Alexa app
  • Tap the More button
  • Head to Settings > Account Settings > Amazon Sidewalk
  • Use the slider to disable Sidewalk

INDUSTRIAL ATHLETES DESERVE MORE AT AMAZON

In a leaked pamphlet obtained by Motherboard, Amazon has started telling its employees that they are industrial athletes, and not the over-worked cogs in the smiley box. Amazon’s on the job injuries are higher than their competitors and I’ve heard first hand from some employees about how the company denies bathroom breaks. The pamphlet brags about employees walking 13 miles per day and burning up to 400 calories per hour. Thing is though, athletes train for all of that arduous activity.

A WEEK AHEAD OF WWDC APPLE TEASES homeOS

Apple’s World Wide Developer Conference will start next week. Twitterer, Javier Lacort, noticed a job ad Apple posted hinting that the employee will be working on homeOS technology. The small leak hints that Apple may be announcing more devices and more integrations for home electronics beyond the Apple pod. All I know is that they can take my money. A friend of mine just got an Apple Card and he asked me to protect him from himself.