What I Read This Week...

AT&T customers have their personal information leaked on the dark web, SBF is sentenced to 25 years in prison, and climate change may be responsible for longer days on earth

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Caught My Eye…

• 73 million AT&T customers had their personal information including names, email addresses, social security numbers and passcodes leaked on the dark web earlier this month. Preliminary analysis indicates that the leaked dataset is from 2019 or earlier, and an internal investigation conducted by AT&T suggests that there was no evidence of “unauthorized access” that could have resulted in the leak. In response, the company reset passwords on millions of its customer accounts, and recommended that customers set up free fraud alerts with the nation’s credit bureaus.

• Sam Bankman Fried, the former CEO of cryptocurrency exchange FTX, was sentenced to 25 years in prison by a federal judge for his role in defrauding users of the FTX platform. In a statement following the sentencing, Damian Williams, the U.S. attorney for the Southern District of New York, said that SBF had orchestrated one of the largest frauds in financial history. Prosecutors argued that a harsher sentence was warranted given the brazenness of the crime and SBF’s apparent lack of remorse.

• Climate change could be impacting the length of a day on Earth. According to new research from the University of California, ice melting in Greenland and Antarctica could be impacting the angular velocity of the Earth’s rotation. This is increasing the length of a day on Earth and potentially introduces the need for a “negative leap second”, where a second is taken out of a day every number of years. While this change is imperceptible to humans, it does impact computers and industries like financial markets, which rely on precise timekeeping to function properly.

Other Reading…

• Dutch Hyperloop Center Aims to Advance Futuristic Transport Technology (AP News)

• The Audacious MGM Hack That Brought Chaos to Las Vegas (WSJ)

• Amazon Invests $2.75 Billion in AI Startup Anthropic (Bloomberg)

• Adam Neumann looks to buy back WeWork for more than $500M (NY Post)

• New York City Initiates Trials of AI Gun Detection Systems in Subway Amid Controversy (Tech Times)

• Ex-Caltrain Employee and Contractor Charged with Building Secret Homes With Public Funds (ABC)

• The AI Industry Is Steaming Toward A Legal Iceberg (WSJ)

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