So, you splurged on Amazon Prime Day and now you're facing a tangible reminder of

BOSTON--(BUSINESS WIRE)--Jun 21, 2023--

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 Companies to have withdrawn ads include Airbnb, Apple, Coca-Cola, Disney, IBM, Netflix and Uber.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

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Nasa has “inadvertently” lost contact with Voyager 2, its pioneering spacecraft. The space agency said that it had sent a series of planned commands to the probe on 21 July. But those moves left Voyager 2 pointing in the wrong direction: its antenna is now pointing two degrees away from Earth, and so it has lost contact with its engineers. It cannot either receive commands or send back data, Nasa said. Ordinarily, it would do so by establishing contact with the Deep Space Network, or DSN, which is a set of ground-based antennas that allow for communications with distant spacecraft. But the data being sent by Voyager 2 is not reaching that network. Voyager 2 is now floating on its own, almost 20 billion kilometres from Earth. Nasa still hopes to be able to re-establish contact with the probe, however. It is programmed to automatically reset its orientation a number of times each year, to push its antenna back to Earth. The next reset is expected to happen on 15 October, Nasa said. Until then, the space agency expects the probe to “remain on its planned trajectory during the quiet period”, it said. As its name suggests, Voyager 2 was part of a pair, both of which were launched in 1977. Voyager 1 is floating even further from Earth – at 24 billion kilometres – and Nasa says it is continuing to operate as normal. The Voyager programme brought with it a host of records: Voyager 2 is the only spacecraft to have visited Uranus and Neptune, and together they are the only spacecraft made by humans to ever have entered interstellar space. Even almost 50 years since they were launched, the pair of Voyager spacecraft have continued to send back useful and important information to Nasa for examination by scientists on Earth. They have contributed to a host of new findings about the very distant edges of our solar system. Read More How to take the perfect picture of tonight's supermoon Elon Musk installs huge, glowing letter on top of his office A game where you go to sleep in real life is one of the most popular in the world

SEOUL, South Korea--(BUSINESS WIRE)--Sep 19, 2023--

The move could be good news for the Japanese, but roil global financial markets. Plus, investment newsletter commentary on venture-capital’s problems, tech stocks’ vulnerabilities, and Berkshire Hathaway’s cash.

KAWASAKI, Japan--(BUSINESS WIRE)--May 17, 2023--

Idris Elba has two new songs in the spy-thriller expansion.

Customers shopping at Amazon's US-based Whole Foods grocery stores will be able to pay for items by hovering their palm over a scanner, much like shoppers already...

Suumit Shah, founder of an e-commerce website, said that his firm had laid off 90% of its support staff.