Tag Archive for: Elon

Live news: Elon Musk says Tesla open to acquiring mining company


Ukraine’s transmission network operator has suspended contractual obligations to transport gas through one of its key pipelines with Russia because of enemy troop activity, in a move that could cut flows to Europe.

The gas transmission system operator of Ukraine said that transit would halt at 7am on Wednesday at the Sokhranivka point along the smaller of two pipelines that deliver gas from Russia. It said it was unable to carry out operations at a border compression station in Luhansk — a region of Ukraine that Moscow claims as an independent state — because of the Russian occupation.

“The interference of the occupying forces in technical processes and changes in the modes of operation of gas transmission system facilities, including unauthorised gas offtakes from the gas transit flows, endangered the stability and safety of the entire Ukrainian gas transportation system,” it said in a statement on Tuesday.

The gas transmission system operator of Ukraine said that almost one-third of Russian supplies that go via the country to Europe would be affected, but it would still be possible to fulfil the needs of its European customers by rerouting gas to the Sudzha connection point.

Ukraine’s pipeline operator has previously cautioned that war-related damage to the system could endanger flows, but it is the first time since the invasion that it has declared force majeure, highlighting the risks to the supply of Russian gas to Europe.

Last year, EU states imported 155bn cubic metres of Russian gas, of which roughly 40 bcm transited through Ukraine. Nord Stream 1, the largest pipeline running from Russia to Germany, has the capacity to take 55 bcm.

The announcement of the halt sent future contracts tied to the European wholesale gas price benchmark nearly 6 per cent higher on Tuesday to almost €100 per megawatt hour, overturning earlier losses.

Yuriy Vitrenko, chief executive of Ukraine’s state gas company Naftogaz, pinned the blame on the Russian side. “Gazprom has been duly notified that Ukraine is no longer responsible for gas transit through territories occupied by Russia,” Vitrenko said.

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Fake crypto giveaways steal millions using Elon Musk Ark Invest video


Fake crypto giveaways reuse YouTube videos of Musk, Dorsey to make millions

Fake cryptocurrency giveaways are stealing millions of dollars simply by replaying old Elon Musk and Jack Dorsey Ark Invest videos on YouTube.

The scheme is the old “double your investment” ruse that promises to pay back twice the cryptocurrency amount the victim sends the scammer.

The fraudsters made more than $1.3 million after re-streaming an edited version of an old live panel discussion on cryptocurrency with Elon Musk, Jack Dorsey, and Cathie Wood at Ark Invest’s “The ₿ Word” conference.

In the past, scammers used other videos related to Elon Musk, including SpaceX launches or Tesla videos, to successfully promote fake giveaways and steal millions of dollars while doing so.

Simple operation

At a quick search, BleepingComputer found that close to 10 YouTube channels have published the discussion, albeit in a smaller format edited to include additional elements that promoted the scam, including the link to the fraudulent crypto giveaway website.

Our findings are just a glimpse of the entire scheme, which we observed unfold since March. However, there are reports of it going as far back as January and bringing scammers $400,000 in just seven hours

Security researchers at cybersecurity firm McAfee were also monitoring the scam and published a report on Thursday in which they identified 11 fraudulent websites.

Fraudulent websites hosting crypto scam
source: McAfee

McAfee updated the post the next day saying that the number of these websites had increased to 26 in just 24 hours.

“The YouTube streams advertised several sites which shared a similar theme. They claim to send cryptocurrency worth double the value which they’ve received. For example, if you send 1BTC you will receive 2BTC in return” – McAfee

However, these websites appear every day and scammers generate new wallets to receive funds from gullible cryptocurrency users. Here’s some that BleepingComputer and…

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Elon joins Twitter’s board, Apple’s subscriptions pilot, WWDC stays online – TechCrunch


Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.

The app industry continues to grow, with a record number of downloads and consumer spending across both the iOS and Google Play stores combined in 2021, according to the latest year-end reports. Global spending across iOS, Google Play and third-party Android app stores in China grew 19% in 2021 to reach $170 billion. Downloads of apps also grew by 5%, reaching 230 billion in 2021, and mobile ad spend grew 23% year over year to reach $295 billion.

Today’s consumers now spend more time in apps than ever before — even topping the time they spend watching TV, in some cases. The average American watches 3.1 hours of TV per day, for example, but in 2021, they spent 4.1 hours on their mobile device. And they’re not even the world’s heaviest mobile users. In markets like Brazil, Indonesia and South Korea, users surpassed five hours per day in mobile apps in 2021.

Apps aren’t just a way to pass idle hours, either. They can grow to become huge businesses. In 2021, 233 apps and games generated over $100 million in consumer spend, and 13 topped $1 billion in revenue. This was up 20% from 2020, when 193 apps and games topped $100 million in annual consumer spend, and just eight apps topped $1 billion.

This Week in Apps offers a way to keep up with this fast-moving industry in one place, with the latest from the world of apps, including news, updates, startup fundings, mergers and acquisitions, and suggestions about new apps to try, too.

Do you want This Week in Apps in your inbox every Saturday? Sign up here: techcrunch.com/newsletters

Apple pilot tests a commerce feature for subscription apps 

Apple app store iOS

Image Credits: TechCrunch

Apple may be changing how iOS subscriptions operate when price increases are involved. Recently, some developers noticed that the streaming service Disney+ was seemingly only informing users of upcoming price changes, then automatically opting them in. This is different from how subscription price increases would typically be handled. In most other cases, a customer is presented with options to either agree…

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Elon Musk says Starlink has expanded its internet service to Ukraine, but it’s unclear if anyone can actually use it – Fortune



Elon Musk says Starlink has expanded its internet service to Ukraine, but it’s unclear if anyone can actually use it  Fortune

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