Online gamblers bet hundreds of thousands of dollars on whether the submarine that went missing on a recent expedition to the Titanic, in what online critics called a “dystopian” use of digital finance. Since Wednesday, people wagered at least $300,000 on the fate of the vehicle using the crypto platform Polymarket, Mother Jones reports. On the site, betters buy and sell shares on the outcomes of events using cryptocurrency, and can redeem their shares for $1 each if their guesses are correct. Follow the latest updates on the missing Titanic submarine here “For the purposes of this market, the vessel need not have been rescued or physically recovered to be considered ‘found,’” reads the description page for the submarine bets. “If pieces are located, but not the cabin which contains the vessel’s passengers, that will not suffice for this market to resolve to ‘Yes.’” One user, asking only to be identified by his first name, Rich, told Mother Jones he made around $3,250 betting. He argued what he was doing was morally defensible because unlike the regular stock market, it had no impact on the fate of the entity being wagered upon. “My answer would be that markets are fundamentally immoral. There’s no ethical consumption under capitalism,” Rich said. Others weren’t so sure. Social media users racked up thousands of likes criticising such gamblers. “Actually insane,” one commenter wrote. “Imagine making money off of if someone is gonna die or not.” Polymarket defended its offerings on the submarine, arguing that it was a neutral way of calculating the likelihood of a rescue. “If the families were privy to Polymarket, they could use the market as a way to obtain the real-time, unbiased probability of the submarine being recovered,” the company said in an email to Gizmodo. “That is a far more valuable service to them than sensationalist media coverage: with our markets at least they understand the true probabilities.” Bookmakers take bets on nearly everything, from sports to sex tapes, but the industry does have some lines regarding poor taste. According to Betting Gods, a gambling industry tip site, most major bookmakers refused to take bets regarding the death of Queen Elizabeth. “Major bookmakers won’t bet on the Queen dying as it would offend most of its regular customers. Whether they all agree with Britain having a royal family or not, most people would prefer to bet on a variety of other things such as sports,” the site wrote in an article. “When asked the question of why bookmakers won’t bet on what age the queen will die, the spokespeople of all the major bookmakers were unanimous in saying that it was important that people understand where the parameters of bad taste bets can’t be crossed.” Read More US launches prosecutions of Chinese companies on charges of trafficking fentanyl ingredients Titanic sub latest - Coast Guard makes stunning admission about ‘explosion’ when submersible lost contact OceanGate CEO said he was ‘personally insulted’ by ‘baseless cries’ about Titanic sub’s deadly safety flaws Federal court halts ‘suppressive’ Florida drag ban Florida's law targeting drag shows is on hold under federal judge's order Recovery could cost millions as Coast Guard stunningly admits submersible ‘explosion’

Montana has become the first state to enact a complete ban on TikTok

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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’

China's highly secretive civilian spy agency has launched a public account on a major social media platform to call on "all members of society" to join its fight against espionage, offering rewards and protection for those who provide information.

TORONTO--(BUSINESS WIRE)--Sep 20, 2023--

TikTok prankster Mizzy has been banned from using social media after he was found guilty of posting videos without consent. The star, real name Bacari-Bronze O’Garro, was found to have “deliberately flouted” a court order prohibiting him from sharing videos of people without their consent “within hours” of it being passed. Judge Matthew Bone, overseeing the 19-year-old’s trial at Stratford Magistrates Court on Thursday, slammed O’Garro for “lacking all credibility” after he denied four counts of breaching the order. He ordered the father-of-one not to use social media “at all” except to send messages until he is sentenced next month and warned that he could go to prison for the offences he had committed. It comes after O’Garro’s defence lawyer Paul Lennon revealed to the court earlier on Thursday that his client had been arrested on suspicion of perverting the course of justice. O’Garro’s main witness in the case, who was due to give evidence at the trial, was also arrested and both were bailed on the condition that they do not contact each other. Mr Lennon attempted to adjourn the hearing, claiming O’Garro was unable to receive a “fair trial” without his only witness, but his application was rejected by Judge Bone. I found it to be an intentional, immediate, and deliberate challenge to the criminal behaviour order Judge Bone The court heard how O’Garro began sharing videos of people without their consent on the same day the criminal behaviour order was passed on May 24 this year. It was shown footage, shared on O’Garro’s Twitter account on the night of May 24 featuring him in Westfield shopping centre, Stratford, after he appeared on Piers Morgan’s TalkTV show and mocked the British judicial system. In the video, passersby were visible in the background as Mizzy said to the camera: “The UK law is a joke.” Other videos shared on O’Garro’s Snapchat account, which were also in breach, showed him grabbing hold of a schoolboy by his uniform and another showing him fight a man with dwarfism, which O’Garro claimed were hoax videos made with their prior agreement. O’Garro’s claim that one of his friends, who had access to his login details, posted the Twitter videos without his consent, was dismissed by Judge Bone as “inconceivable”. The judge said: “I have to say I did not accept the evidence of the defendant – it lacked all credibility. “Within hours of the criminal behaviour order he posed (in Westfield) stating the video would be shared and it was. “The defendant was filmed trying to shake a man’s hand from whom consent was not obtained. “He had just appeared on national television saying the British law was weak. “I found it to be an intentional, immediate and deliberate challenge to the criminal behaviour order. You need to understand that you deliberately flouted this court order within hours of it being made Judge Bone “Dealing again with charge four, two people were roughed up on camera by the defendant – I found his behaviour was again a deliberate challenge to the criminal behaviour order.” Judge Bone found O’Garro not guilty on two further counts of the same charge, ruling that the videos in question may already have been shared before the criminal behaviour order was passed. However, he warned O’Garro: “The defendant shouldn’t take much comfort from that. “What I have convicted him of crosses the custody threshold. “This is a man who has stepped over the line of the order in a deliberate way. “You need to understand the seriousness of your situation now. “You need to understand that you deliberately flouted this court order within hours of it being made.” O’Garro will be sentenced on November 21 at Thames Magistrates Court. Read More Study finds ‘deepfakes’ from Ukraine war undermining trust in conflict footage More than 500 potential cyber attacks logged every second, BT says AI being used to create child abuse imagery, watchdog warns ChatGPT and other chatbots ‘can be tricked into making code for cyber attacks’ Tinder adds Matchmaker feature to let friends recommend potential dates Google and Meta withdraw from upcoming Web Summit

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