Adverts promoting crypto scams are appearing on X, formerly Twitter, amid an exodus of major brands from the platform. Many of the scam ads use the likeness of Elon Musk, who bought Twitter for $44 billion last year, to promote fake cryptocurrency giveaways. The scam ads work by promoting a fake pre-sale of “X Token”, which fraudulently offers early investors large profits if they buy the cryptocurrency before it officially launches on exchanges. Some of the adverts seen by The Independent have even appeared on the profile page of Elon Musk, who has 165 million followers on X – more than any other user. The scammers have paid for the sponsored posts, providing much-needed revenue for X as the company struggles with retaining traditional advertisers. Over 100 brands and other advertisers have pulled their ads from X in recent weeks, according to internal documents seen by The New York Times, which could lead to losses of around $75 million in earnings this year. The exodus reportedly began after Mr Musk engaged with a controversial tweet about an antisemitic conspiracy theory. The X owner responded to claims that he is antisemitic by saying “nothing could be further from the truth”. Companies to have withdrawn ads include Airbnb, Apple, Coca-Cola, Disney, IBM, Netflix and Uber. X disputed the figure reported, claiming it “represented an internal exercise to evaluate total risk” and that the true figure was closer to $11 million. The emergence of scam crypto ads has already resulted in significant financial losses for X users, according to the MalwareTips forum, with some victims reporting they lost their entire crypto savings. “The anonymity of cryptocurrency enables the scammers to quickly withdraw funds without being tracked down,” a post to MalwareTips notes. A twitter-hackers-cryptocurrency-a8620436.html">2018 investigation by The Independent found that crypto scams shared on Twitter had tricked people into sending hundreds of thousands of dollars to cyber criminals posing as Mr Musk. Hackers were able to take over Twitter accounts belonging to verified brands like Matalan and Pantheon Books, before switching the name and profile picture in order to impersonate the tech entrepreneur. They then posted messages offering fake giveaways that required people to send cryptocurrency in order to verify their bitcoin address. Analysis of the addresses found that more than 400 people sent bitcoin to one address, with transactions totalling 28.2 bitcoins ($1.1m at current exchange rates). Mr Musk cited the cryptocurrency scam epidemic as one of the motivating reasons for his purchase of Twitter, pledging to fix the issue upon his takeover. “If our Twitter bid succeeds, we will defeat the spam bots or die trying,” he tweeted in April 2022. In June 2022, Mr Musk also criticised YouTube for fake cryptocurrency promotions that featured on the platform. “YouTube seems to be nonstop scam ads,” he tweeted. Efforts to defeat the bot endemic have included subscriptions and a $1 charge to new users, which was introduced in New Zealand and the Philippines last month. The “Not a Bot” subscription method is designed to “reduce spam, manipulation or our platform and bot activity,” the company said at the time. It is not clear how this approach will prevent accounts from promoting crypto scams, with all of the ads seen in October and November coming from verified X accounts. X did not respond to a request for comment from The Independent about the issue of crypto scam ads. Read More Elon Musk mocked for trying to resurrect QAnon Pizzagate conspiracy Elon Musk set to meet Netanyahu and hostage families in Israel Elon Musk weighs in on Dublin riots claiming country’s PM ‘hates the Irish people’ X introduces limits to prevent non-paying users from replying to posts

Amazon is adding the same kind of brain that powers ChatGPT into Alexa. The new technology is intended to allow the virtual assistant to be more powerful and able to speak with its owners in more natural conversations. The announcement were part of a wide array of new devices launched by Amazon this week. It also revealed new tablets and Echos, including those with screens, as well as plans to use generative artificial intelligence to create art to show on those screens. Every year, Amazon announces a number of Alexa devices, which have in the past included everything from soundbars to microwaves. This year, much of its focus was on artificial intelligence. While Alexa was one of the first virtual assistants of its kind to go mainstream, Amazon has lagged behind rivals such as Microsoft and Google in integrating new large language models into those systems. The sudden rise of such technology has sparked greater scrutiny of AI from regulators, given its explosion into general use and concerns over its potential impact on human life as well as industry, jobs and education. During a live event to unveil its latest range of Alexa-powered devices, Amazon looked to reaffirm its position as a market leader in AI by showing off an update to the assistant that will allow for more natural conversations with Alexa, rather than just the transactional request fulfilment it currently runs on. In a live demonstration of Alexa’s new large language model (LLM), Amazon devices boss Dave Limp showed how the new version of the assistant will be able to be more expressive in its responses - for example sounding happier when returning a positive sporting result for a user’s favoured team. Based within a new section of the service called “Let’s Chat”, Alexa will respond without the use of a wake word first, be able to pick up a conversation after a break and still understand the context, as well as understand inferences and more vague prompts in a way that Limp said is “like talking to a friend”. For example, the new Alexa will respond to the prompt “I’m cold” by turning on the heating in a connected home. Amazon has not confirmed a general release date for the new version of Alexa, instead focusing on an early preview programme in the US to try out the new capabilities among some users. Technology expert Ben Wood, chief analyst at CCS Insight, said it was “little surprise” to see Amazon discussing the power of its AI assistant in this way. “It undoubtedly knows that it needs to keep pace with rivals such as Google and Microsoft so articulating what it is doing in this area was essential for this event,” he said. “The upgraded way to talk to Alexa certainly makes it a more personal experience but success will depend on Amazon being able to get consumers to engage with the Echo devices in a very different way to the transactional and basic requests used today. “Some users may find it a little intimidating, but if successful it could make interactions a lot more conversational.” Elsewhere at its hardware event, Amazon unveiled a string of new hardware products, including several new Alexa-powered Echo smart speakers and smart home hubs, as well as new Fire tablets and updated Fire TV Stick devices. Read More Neuralink’s monkeys may have died due to brain implants contrary to Musk’s claims Facebook changes logo to ‘make F stand apart’ – but can you tell the difference? What is ‘Rumble’, where Russell Brand is posting videos? Neuralink’s monkeys may have died due to brain implants contrary to Musk’s claims Facebook changes logo to ‘make F stand apart’ – but can you tell the difference? What is ‘Rumble’, where Russell Brand is posting videos?

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Google has warned billions of WhatsApp users that backup storage for old chats, photos and videos will soon no longer be free. Messages and media on the hugely popular messaging app will now count towards a user’s Google Account cloud storage limit if they use an Android device. Personal Google Accounts come with 15GB of free storage, however that is shared across Google Drive, Gmail and Google Photos. This means any additional photos, videos and audio files from WhatsApp may force many users to pay for additional storage space. “As an important heads up, WhatsApp backups on Android will soon start counting toward your Google Account cloud storage limit, similar to how WhatsApp backups are handled on other mobile platforms,” a Google community manager wrote in a blog post on Tuesday. “WhatsApp backups on Android will continue to work, as long as you have available space within your Google Account storage. If you hit your storage limit, you’ll need to free up space to resume backups by removing items you do not need.” The change will begin rolling out to WhatsApp Beta users next month, before coming to all WhatsApp users on Android in early 2024. Of the roughly 3 billion WhatsApp users around the world, an estimated 73 per cent of them access the app on Android. There are several price options for additional Google storage, with the cheapest monthly plan for 100GB of data starting at $1.99. This would cover all but the most data intensive WhatsApp users. The update comes amid a major overhaul of how Google manages online accounts and data, with all personal accounts that have been inactive for more than two years set to be deleted in December. The move is intended to improve security for active users, though some have noted that it may inadvertently impact people who have set up accounts for young children in order to share memories and milestones, as well as users who are in control of the accounts of deceased relatives. Read More Gmail: Google issues three-week warning to account holders