‘The real apocalypse is technology, our descendants will no longer look like us.’ –Pier Paolo Pasolini
Ezra Klein: Is social media good for people?
Tyler Cowen: We don’t know yet.{ Vox (2017) }
pipeline
‘One of the most time-consuming things is to have an enemy’ –E. B. White
Malibu Media LLC is an adult movie company that produces films featured on the pornagraphic website X-Art.com. The company has spent years suing people for copyright infringement, alleging the defendants downloaded its films via peer-to-peer file sharing software such as BitTorrent.
Malibu Media LLC is an adult movie company that produces films featured on the pornographic website X-Art.com. The company has spent years suing people for copyright infringement, alleging the defendants downloaded its films via peer-to-peer file sharing software such as BitTorrent.
The company targets individuals based on their IP address (like a phone number, but for one’s computer), which its proprietary technology has detected as being associated with illegal filesharing.
{ Rosenblum Law | Continue reading }
Over the past decade, Malibu Media has emerged as a prominent so-called “copyright troll,” suing thousands of “John Does” for allegedly torrenting adult content hosted on the porn studio’s website, “X-Art.” Whether defendants were guilty or not didn’t seem to matter to Malibu, critics claimed, as much as winning as many settlements as possible. As courts became more familiar with Malibu, however, some judges grew suspicious of the studio’s litigiousness. As early as 2012, a California judge described these lawsuits as “essentially an extortion scheme,” and by 2013, a Wisconsin judge ordered sanctions, agreeing with critics who said that Malibu’s tactics were designed to “harass and intimidate” defendants into paying Malibu thousands in settlements. […]
Now, TorrentFreak reports that Malibu’s litigation machine appears to finally be running out of steam—with its corporate status suspended in California sometime between mid-2020 and early 2021 after failing to pay taxes. Last month, a Texas court said that Malibu has until January 20 to pay what’s owed in back taxes and get its corporate status reinstated. If that doesn’t happen over the next few weeks, one of Malibu’s last lawsuits on the books will be dismissed, potentially marking the end of Malibu’s long run of alleged copyright trolling.
Doyle Lonnegan: I put it all on Lucky Dan; half a million dollars to win.
The simplest form of investment scam is that you promise people some attractive return on their investment […] There are two basic approaches, which are:
A reasonable return, or
An insane return.The first approach was made famous by Bernie Madoff […] The advantage of this approach is that it can attract sophisticated investors: Madoff was able to raise money from rich people and funds-of-funds because, in their obviously flawed due diligence, they concluded that the returns he promised were plausible. […]
The second approach […] you mostly don’t want sophisticated investors. It is plausibly harder to trick sophisticated investors than it is to trick unsophisticated ones. This is like why advance-fee scam emails have lots of typos: “By sending an initial email that’s obvious in its shortcomings, the scammers are isolating the most gullible targets.” Promising a 1,000,000% return ensures that you never end up talking to anyone but the most gullible possible marks. […] Here’s a good Securities and Exchange Commission enforcement action against an alleged vaguely crypto-ish fraud: […]
According to the SEC’s complaint filed in the U.S. District Court for the Eastern District of Michigan, Chandran, Davidson, Glaspie, Knott, and Mossel falsely claimed that investors could generate extravagant returns by investing in a blockchain technology called CoinDeal that would be sold for trillions of dollars to a group of prominent and wealthy buyers. […]
Chandran, a recidivist securities law violator and convicted felon, claimed to own a unique blockchain technology that was on the verge of being sold for trillions of dollars to a group of reputable billionaire buyers (“CoinDeal”). Chandran further claimed his business required interim financial support until the sale transaction closed. Together with and through other named Defendants, Chandran targeted mostly unsophisticated investors with false and misleading promises and representations that investments in CoinDeal would soon yield extremely high returns from the imminent sale of his business. Ultimately, there was no sale, and no distribution of proceeds, because CoinDeal was a sham. […]
Chandran typically provided status updates on the supposed deal, including but not limited to: the involvement of foreign central banks and the United States Department of Homeland Security; the latest board meetings of the consortium of wealthy buyers; the role of certain political figures; and the causes of “temporary” delays to the sale closing. These updates were designed to lull investors and induce them to continue investing in CoinDeal. […]
Then of course the “deal” would not close and there would be excuses, which included “the engineer … called in sick yesterday” and “the bank wants a new set of documents.” […] My favorite part, though, might be the section about Linda Knott. According to the SEC complaint, she didn’t know these people, and wasn’t in any real sense a part of their alleged scam. She just used their alleged scam as a substrate to run her own alleged scam:
In February 2021, Knott learned of CoinDeal through one of Glaspie’s teleconferences […] Knott started collecting funds for CoinDeal through an investor group called Together We Profit. Together We Profit was a loose arrangement of individuals interested in participating in CoinDeal. … Knott facilitated investment by lowering the barrier to entry for CoinDeal by allowing prospective investors to participate for as little as $27, which was lower than the amounts permitted by Glaspie. […] While Knott assured investors she would transmit all of their funds to CoinDeal, that was false. She enriched herself by misappropriating approximately $79,000 or more for personal use and purposes unrelated to CoinDeal.
‘In fact, one of the big banks came to me and said, “Donald, you don’t have enough borrowings. Could we loan you $4 billion”?’ –Donald Trump
“Hey Jared! POTUS wants to trademark/own rights to below, I don’t know who to see – or ask…I don’t know who to take to,” the email from Scavino reads, according to a transcript of Kushner’s testimony to the committee, which was released by the panel on Friday.
Two phrases were bolded in the email: “Save America PAC!” and “Rigged Election!”
Kushner forwarded the request and discussed it on an email chain that included Eric Trump, the president’s son; Alex Cannon, a Trump campaign lawyer; Sean Dollman, the chief financial officer of Trump’s 2020 campaign; and Justin Clark, a Trump campaign lawyer.
“Guys - can we do ASAP please?” Kushner wrote.
Eric Trump responded, saying: “Both web URLs are already registered. Save America PAC was registered October 23 of this year. Was that done by the campaign?”
Dollman responded: “‘Save America PAC’ is already taken/registered, just confirming that. But we can still file for ‘Save America.’”
Kushner’s response, according to the transcript, was: “Go.”
Knife and fork chained to the table
The gunslinger effect, also sometimes called Bohr’s law or the gunfighter’s dilemma, is a psychophysical theory which says that an intentional or willed movement is slower than an automatic or reaction movement. The concept is named after physicist Niels Bohr, who first deduced that the person who draws second in a gunfight will actually win the shoot-out. […]
Bohr staged mock gunfights using cap guns with his students to test this hypothesis. Bohr found that the person who drew second always won in these experiments, leading him to conclude that drawing first created a distinct disadvantage.
Based on the inevitability of this outcome, Bohr suggested that the most logical conclusion to a gunfight would be a peaceful settlement, since neither gunslinger would want to draw first knowing that they would lose.
Assessment of presence in augmented and mixed reality
This past winter, Goldman Sachs was closing in on a $40 million investment in Ozy, a digital media company founded in 2013, and there seemed to be a lot of reasons to do the deal. Ozy boasted of a large audience for its general interest website, its newsletters and its videos, and the company had a charismatic chief executive, Carlos Watson, a onetime cable news anchor who had worked at Goldman Sachs early in his career. And, crucially, Ozy said it had a great relationship with YouTube, where many of its videos attracted more than a million views.
That’s what the Zoom videoconference on Feb. 2 that Ozy arranged between the Goldman Sachs asset management division and YouTube was supposed to be about. The scheduled participants included Alex Piper, the head of unscripted programming for YouTube Originals. He was running late and apologized to the Goldman Sachs team, saying he’d had trouble logging onto Zoom, and he suggested that the meeting be moved to a conference call […] Once everyone had made the switch to an old-fashioned conference call, the guest told the bankers what they had been wanting to hear: that Ozy was a great success on YouTube, racking up significant views and ad dollars, and that Mr. Watson was as good a leader as he seemed to be. As he spoke, however, the man’s voice began to sound strange to the Goldman Sachs team, as though it might have been digitally altered, the four people said.
After the meeting, someone on the Goldman Sachs side reached out to Mr. Piper, not through the Gmail address that Mr. Watson had provided before the meeting, but through Mr. Piper’s assistant at YouTube. […] A confused Mr. Piper told the Goldman Sachs investor that he had never spoken with her before. Someone else, it seemed, had been playing the part of Mr. Piper on the call with Ozy. […]
Within days, Mr. Watson had apologized profusely to Goldman Sachs, saying the voice on the call belonged to Samir Rao, the co-founder and chief operating officer of Ozy, according to the four people.
In his apology to Goldman Sachs and in an email to me on Friday, Mr. Watson attributed the incident to a mental health crisis and shared what he said were details of Mr. Rao’s diagnosis.
‘Yeah so if you ever need info about anyone at Harvard. Just ask. I have over 4,000 emails, pictures, addresses, SNS. People just submitted it. I don’t know why. They “trust me.” Dumb fucks.’ –Mark Zuckerberg
Today, the Federal Trade Commission filed an amended complaint against Facebook in the agency’s ongoing federal antitrust case. The complaint alleges that after repeated failed attempts to develop innovative mobile features for its network, Facebook instead resorted to an illegal buy-or-bury scheme to maintain its dominance. It unlawfully acquired innovative competitors with popular mobile features that succeeded where Facebook’s own offerings fell flat or fell apart. And to further moat its monopoly, Facebook lured app developers to the platform, surveilled them for signs of success, and then buried them when they became competitive threats. Lacking serious competition, Facebook has been able to hone a surveillance-based advertising model and impose ever-increasing burdens on its users.
“Facebook lacked the business acumen and technical talent to survive the transition to mobile. After failing to compete with new innovators, Facebook illegally bought or buried them when their popularity became an existential threat,” said Holly Vedova, FTC Bureau of Competition Acting Director. “This conduct is no less anticompetitive than if Facebook had bribed emerging app competitors not to compete. The antitrust laws were enacted to prevent precisely this type of illegal activity by monopolists. Facebook’s actions have suppressed innovation and product quality improvements. And they have degraded the social network experience, subjecting users to lower levels of privacy and data protections and more intrusive ads. The FTC’s action today seeks to put an end to this illegal activity and restore competition for the benefit of Americans and honest businesses alike.”
BREAKING NEWS FROM PLANET BULLSHIT
Elon Musk is going to launch a satellite that displays ads in space, reports @BusinessInsider.
He is one of several billionaires investing vast sums on the space race.
SpaceX will launch the satellite with a display screen in 2022.
Ad space will be bought using cryptocurrency.
{ AJPlus | More: Daily Mail }
Hocus pocus double focus
In the late 1940s, the British magician David Berglas started refining a trick that came to be known as “the holy grail of card magic.” […] The trick is a version of a classic plot of magic, called Any Card at Any Number. These tricks are called ACAAN in the business.
ACAAN has been around since the 1700s, and every iteration unfolds in roughly the same way: A spectator is asked to name any card in a deck — let’s say the nine of clubs. Another is asked to name any number between one and 52 — let’s say 31.
The cards are dealt face up, one by one. The 31st card revealed is, of course, the nine of clubs. Cue the gasps.
There are hundreds of ACAAN variations, and you’d be hard pressed to find a professional card magician without at least one in his or her repertoire. (A Buddha-like maestro in Spain, Dani DaOrtiz, knows about 60.) There are ACAANs in which the card-choosing spectator writes down the named card in secrecy; ACAANs in which the spectator shuffles the deck; ACAANs in which every other card turns out to be blank.
For all their differences, every ACAAN has one feature in common: At some point, the magician touches the cards. The touch might be imperceptible, it might appear entirely innocent. But the cards are always touched.
With one exception: David Berglas’s ACAAN. He would place the cards on a table and he didn’t handle them again until after the revelation and during the applause.
synthetic polymer and silkscreen ink on canvas { Andy Warhol, Are You “Different?” (Positive), 1985 }
‘It seems to me that the modern painter cannot express his age, the airplane, the atom bomb, the radio, in the old forms of Renaissance or of any past culture.’ –Jackson Pollock
It was June 2020, and Mr. Hamamoto, a former Goldman Sachs executive who invested in real estate, was searching for a business to take public through a merger with his shell company. He had raised $250 million from big Wall Street investors including BlackRock, and spent more than a year looking at over 100 potential targets. If he couldn’t close a deal soon, he would have to return the money.
Then, around nine months before his deadline, bankers from Goldman gave Mr. Hamamoto an enticing pitch: Lordstown Motors, the fledgling electric truck maker that President Donald J. Trump had hailed as a savior of jobs. What followed was a swift merger, then a debacle that put two of the biggest forces shaping the financial world on a collision course.
Lordstown went public in October via a merger with Mr. Hamamoto’s special purpose acquisition company, DiamondPeak Holdings. A Wall Street innovation, SPACs are all the rage, having raised more than $190 billion from investors since the start of 2020, according to SPACInsider. At the same time, small investors have become a potent force in the markets, driving up the stock prices of companies like GameStop and lapping up shares of SPACs, which are highly speculative and can pose financial risks.
In Lordstown, those forces eventually collided, highlighting the uneven playing field between Wall Street and Main Street. Small investors began piling into Lordstown shares after the merger closed, attracted to the hype around electric vehicles. That’s exactly when BlackRock and other early Wall Street investors — as well as top company executives, who all got their shares cheaply before the merger — began to sell some of their holdings.
Now Lordstown is flailing. Regulators are investigating whether its founder, Steve Burns, who resigned as chief executive in June, overstated claims about truck orders. The heat is on Mr. Hamamoto. The company has burned through hundreds of millions of dollars in cash. Its stock price has plunged to $9, from around $31. Investors are suing, including 70-year-old George Troicky, who lost $864,201 on his investment, according to a pending class-action lawsuit.
And Lordstown has yet to begin producing its first truck.
image { Jackson Pollock at work in his studio in 1950 photographed by Hans Namuth }
If you carry a double-O number, it means you’re licensed to kill, not get killed
An Amazon executive […] “We had beaten publishers into submission. When Amazon asks for a nickel, publishers know to give a dime. We aren’t there yet with the Whirlpools and the Samsungs. We’ll get them under our thumb.” […]
Mr. Bezos’s disdain for taxes […]
Amazon’s yearlong pursuit of a second headquarters […] got results — nearly $600 million in incentives from Virginia officials
‘I was following orders’
For six years after Adolf Hitler’s rise to power in 1933, Hollywood studios avoided making films that made the Nazis look bad, because they did not want to lose access to the German market. […]
Now history seems to be repeating itself, with the studios kowtowing to Communist China. […] John Cena, star of the new Fast and Furious movie, just issued an abject apology for casually referring to Taiwan as a “country.”
Uber Tracks Passengers’ Locations Even After They’re Dropped Off
Let’s start with the Navy cases. Some of the pilots have told of seeing flying objects shaped like Tic Tacs or other unusual forms. The recordings from the planes’ cameras show amorphous shapes moving in surprising ways, including appearing to skim the ocean’s surface and then disappear beneath it. This might appear to be evidence of extraterrestrial technology that can defy the laws of physics as we understand them — but in reality it doesn’t amount to much.
For one thing, first-person accounts, which are notoriously inaccurate to begin with, don’t provide enough information for an empirical investigation. Scientists can’t accurately gauge distances or velocity from a pilot’s testimony: “It looked close” or “It was moving really fast” is too vague. What a scientist needs are precise measurements from multiple viewpoints provided by devices that register various wavelengths (visual, infrared, radar). That kind of data might tell us if an object’s motion required engines or materials that we Earthlings don’t possess.
Perhaps the videos offer that kind of data? Sadly, no. While some researchers have used the footage to make simple estimates of the accelerations and other flight characteristics of the U.F.O.s, the results have been mixed at best. Skeptics have already shown that some of the motions seen in the videos (like the ocean skimming) may be artifacts of the cameras’ optics and tracking systems.
There are also common-sense objections. If we are being frequently visited by aliens, why don’t they just land on the White House lawn and announce themselves? There is a recurring narrative, perhaps best exemplified by the TV show “The X-Files,” that these creatures have some mysterious reason to remain hidden from us. But if the mission of these aliens calls for stealth, they seem surprisingly incompetent. You would think that creatures technologically capable of traversing the mind-boggling distances between the stars would also know how to turn off their high beams at night and to elude our primitive infrared cameras.
encaustic on newspaper and cloth over canvas { Jasper Johns, Green Target, 1955 }
‘Charlie Bit My Finger’ Is Leaving YouTube After $760,999 NFT Sale
Long believed by others to be a copy or the work of Leonardo’s studio, the “Salvator Mundi” was purchased in 2005 by a consortium of speculative art dealers for under $10,000. Eight years later, after the painting had been restored and declared the work of the Renaissance master, Bouvier bought it for $80 million after enlisting the help of a poker player to beat down the price.
The dealer swiftly sold it on for $127.5 million to his then-client, Dmitry Rybolovlev. […] And while Rybolovlev later auctioned off the painting for an astonishing $450 million in 2017, to a secret buyer now widely believed to be Saudi Arabia’s Crown Prince Mohammed bin Salman, he nonetheless alleges that Bouvier defrauded him — a claim Bouvier denies. […]
In the documentary, “The Savior for Sale,” an anonymous high-ranking French official claims that Prince bin Salman was adamant that the “Salvator Mundi” be displayed next to the “Mona Lisa” in order to solidify its place as an authentic Leonardo — despite ongoing questions about whether the work is entirely by the Italian master.
The French government ultimately decided not to exhibit the painting under the Saudis’ conditions, which the anonymous official says in the film “would be akin to laundering a piece that cost $450 million.”
‘This world is arranged as it had to be if it were to be capable of continuing with great difficulty to exist; if it were a little worse, it would be no longer capable of continuing to exist. Consequently, since a worse world could not continue to exist, it is absolutely impossible; and so this world itself is the worst of all possible worlds.’ –Schopenhauer
{ The Clubhouse isn’t owned and operated by the influencers themselves but is overseen by outside investors. | Harper’s | full story }
‘I don’t want to be 20 cent’ –50 cent
Between the 1970s and the early aughts, the incidence of myopia in the US nearly doubled, to 42 percent. Myopia’s rise has been the starkest in Asia; one survey in Korea found a rate as high as 96 percent among teenagers.
Clearly, something is going on. But scientists can’t agree on exactly what. Being constantly tethered to devices and books indoors might be part of it: Based on a handful of large epidemiological studies on myopia, spending time outdoors—especially in early childhood—reduces the onset of myopia. […]
Neuroscientists discovered the classic animal model for myopia by accident in the 1970s, when they were sewing one eye shut in newborn monkeys to study the development of the brain’s visual system. […] Around the same time as the eye-sewing experiments, neuroscientists figured out they could do the same in chickens and tree shrews—much easier to keep in the lab than monkeys. And instead of sewing the eyelid shut, they could just put what looks like half a ping pong ball over the eye. This “form deprivation” model of myopia has inspired some fascinating science. In 2010, for example, Morgan’s collaborators found that exposure to bright light could reverse this type of induced myopia in chickens. Further experiments pinned down the mechanism, too: Light activates the neurotransmitter dopamine, which prevents the eyes from growing longer.
