A fake image purportedly showing an explosion near the Pentagon has been widely shared on social media, sending a brief shiver through the stock market

Senator Ted Cruz of Texas is attempting to rally support for a bill that would reveal to Americans if their household devices are spying on them. Mr Cruz took to the Senate floor on Tuesday to rally support for the Informing Consumers about the Smart Devices Act — warning that as more and more Americans bring smart devices into their homes, the result could be a loss of privacy. “In Texas, we’ve become very aware of that cost,” Mr Cruz said. “The past few years, smart thermostats have allowed electric companies to control the temperature in your own home from afar in the name of conserving energy. Furthermore, a lot of Americans don’t realize or expect that the growing number of smart household devices and appliances, have cameras on them, and microphones that can surreptitiously record families and transmit data.” Mr Cruz says his bill would require technology manufacturers to clearly disclose whether their appliances have listening devices, cameras, or any other spying technologies. The bill would not apply to cell phones, laptops, or other devices “that a consumer would reasonably expect to include a camera or microphone.” Mr Cruz first introduced the proposal back in January with Sen Maria Cantwell of Washington, a Democrat. Sen Raphael Warnock of Georgia also joined the bill as a co-sponsor in late March, shortly after it was marked up by the Senate Commerce, Science, and Transportation committee. According to Mr Cruz’s testimony, the bill passed the Commerce Committee by a voice vote but has not yet been taken up by the full Senate. At its core, Mr Cruz said, the bill is designed as a consumer protection measure to let Americans know what they’re bringing into their home — a right that he feels takes precedent over concerns about government overreach. “Now, I’m sympathetic to the argument that there are too many mandates from government and that many of the mandates are unnecessary, burdensome, and costly,” Mr Cruz said. “But requiring a manufacturer to tell you if they’re spying on you does not fall into that category. And I have to say in assessing the minimal burden, the disclosure burden, against the harm, I fall down on the side of individual liberty. I fall down on the side of privacy.” Privacy is, in many ways, one of the defining issues of the internet age — particularly at a time when the buying and selling of people’s personal data is a multi-billion dollar industry that is expected to grow exponentially in the coming years. “I don’t think the American people want their air fryer spying on them,” Mr Cruz said. “And at a minimum, they have a right to know if their air fryer is spying on them.” Read More Ted Cruz accuses new Barbie movie of ‘pushing Chinese propaganda’

SAN FRANCISCO--(BUSINESS WIRE)--May 9, 2023--

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The Swiss National Bank sold most of its investment in AMC stock, and cut back in Apple, Nvidia, and Tesla investments in the third quarter.

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Peloton has apologised to its customers after technical issues kept them from joining its special Thanksgiving ride. The rides had been held to break the Guinness World Records for the largest live streamed cycling and running classes. But they also had the effect of breaking Peloton’s systems, with riders unable to join the “Turkey Burn” class with instructor Robin Arzón for the first 20 minutes. Peloton’s relatively new chief executive, Barry McCarthy, apologised for the experience on the company’s official Facebook page. “We set out to create an amazing annual Turkey Burn Ride experience, and we let you down,” he wrote on the page. The number of riders “overwhelmed our technical infrastructure”, he said. “I know for many of you, this has become an annual tradition, and we owe you the best possible Member experience,” he wrote. “On behalf of the team, we apologise.” Despite the issues, Peloton was able to set the records for the largest live streamed cycling and running class. The company brought in Guinness World Records officials to verify the count, and were given the record for the ”Most viewers of a static cycling lesson live stream on a Bespoke platform”, as well as for running. The cycling class had 27,550 live participants, a spokesperson said. That was lower than the number that had been seen on the leaderboard, though it is not clear whether the discrepancy was the result of the technical problems. Despite the official recognition, the ride and run is not actually Peloton’s biggest live ride: 2021 and 2020 saw more, with the latter seemingly setting the record at more than 50,000 people, according to Peloton news website Pelobuddy. Peloton saw rapid growth through 2020 and 2021, spurred in large part by the move to work out at home during lockdowns. But it has experienced a number of issues since, including recalls of its bikes and seemingly lower interest as people head back to gyms. It has lost around 80 per cent of its share price value since it was listed towards the end of 2019. And its stock has fallen almost 97 per cent since its record highs in late 2020. Read More Nasa has received a signal from 10 million miles away Nvidia sued over ‘stolen’ data revealed in video conferencing mishap AI breakthrough could help us build solar panels out of ‘miracle material’

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