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Kalshi Claims ‘Extortion,’ Then Recants in Feud Over User Losses
Kalshi, the largest U.S. prediction market, accused a small data startup called Juice Reel of “extortion” after a stock analyst used the company’s transaction-level data to argue that prediction market users lose money faster than gamblers on traditional betting apps – then walked the allegation back hours later.

The equity research analyst Jordan Bend … ⌘ Read more

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EU Parliament Calls For Detachment From US Tech Giants
The European Parliament is calling on the European Commission to reduce dependence on U.S. tech giants by prioritizing EU-based cloud, AI, and open-source infrastructure. The report frames “European Tech First,” public procurement reform, and Public Money, Public Code as necessary self-defense against growing U.S. control over critical digital infrastructure. Heise repor … ⌘ Read more

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Comic-Con Bans AI Art After Artist Pushback
San Diego Comic-Con changed an AI art friendly policy following an artist-led backlash last week. From a report: It was a small victory for working artists in an industry where jobs are slipping away as movie and video game studios adopt generative AI tools to save time and money. Every year, tens of thousands of people descend on San Diego for Comic-Con, the world’s premier comic book conven … ⌘ Read more

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cURL Removes Bug Bounties
Ancient Slashdot reader jantangring shares a report from Swedish electronics industry news site Elektroniktidningen (translated to English), writing: “Open source code library cURL is removing the possibility to earn money by reporting bugs, hoping that this will reduce the volume of AI slop reports,” reports etn.se. “Joshua Rogers – AI wielding bug hunter of fame – thinks it’s a great idea.” cURL maintainer Daniel Stenber … ⌘ Read more

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@pluralistic@pluralistic summing up my thoughts on where the current #DigitalSovereignty conversation is leading us towards:

I’m sorry. I know that when we talk about “digital sovereignty,” we’re obliged to talk about how we can build more data-centres that we can fill up with money-losing chips from American silicon monopolists in the hopes of destroying as many jobs as possible while blowing through our clean energy goals and enshittifying as much of our potable water as possible.

I don’t have any advice for how to do that. I’m sorry!

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Europe is Rediscovering the Virtues of Cash
After spending years pushing digital payments to combat tax evasion and money laundering, European Union ministers decided in December to ban businesses from refusing cash. The reversal comes as 12% of European businesses flatly refused cash in 2024, up from 4% three years earlier.

Over one in three cinemas in the Netherlands no longer accept notes and coins. Cash usage across the euro … ⌘ Read more

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The US Effort to Break China’s Rare-Earth Monopoly
The New York Times checks in on U.S. university researchers and start-ups trying to create domestic rare-earth processing facility:

There is too little money to be made in rare earths for the elements to be of much interest to mining giants, so the challenge of reestablishing a domestic industry has fallen to small companies like Phoenix Tailings, a Boston-area startup … ⌘ Read more

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In-reply-to » @eldersnake

@movq@www.uninformativ.de What I wish for once on this miserable planet is for coporations one day ohave a different set of reasons to exist and thrive other than:

but since the only goal of that manufacturer is to make money, they do it

Life becomes very boring and uninteresting when your only goal in life is to “make more fucking money” 💰 Fuck 🤬 Fuck this Corporatocracy we live in 🤦‍♂️

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In-reply-to » With RAM crazy prices being what they are, I guess my PC is gonna be stuck on 16GB RAM for some time. I originally bought the DDR4 16GB kit for like $49 AUD, and I thought I'd just buy another 16GB or more later down the track (this was like a year and a half ago), thinking it would be similarly priced or even cheaper...

@eldersnake@we.loveprivacy.club

Steps to world domination:

  1. “Invent” “AI” (by using other people’s data).
  2. Get people hyped about it and ideally hooked on it.
  3. Only provide it as a cloud service. But hey, if you want to, you can run it locally!
  4. Buy all hardware available on the market, so that nobody but you can build more systems.
  5. All PCs of consumers and competitors are too weak now and can’t be upgraded anymore.
  6. Everybody depends on your cloud service! Win!

All of that is possible because corporations don’t have a “conscience” in capitalism. Nobody forces the RAM manufacturers to sell all their stuff to just one or two buyers, but since the only goal of that manufacturer is to make money, they do it.

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In-reply-to » @lyse I haven’t spoken to a single person yet who was a fan of all this. Not even the more conservative family members.

@movq@www.uninformativ.de I’m pretty sure I know a bunch of people who love to blow up their money. :-(

Holy shit! :-O At least, the walls didn’t shake here. But we also had some very loud explosions, maybe they were far enough away. :-? Of course, the bangs continued last night.

Maybe some politicians need to be personally attacked with this sort of shit first in order to ban it once and forever.

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As AI Companies Borrow Billions, Debt Investors Grow Wary
While stock investors have pushed AI-related shares to repeated highs this year, debt markets are telling a more cautious story as newer AI infrastructure companies find themselves paying significantly elevated interest rates to borrow money. Applied Digital, a data center builder, sold $2.35 billion of debt in November at a 9.25% coupon – roughly 3.75% above … ⌘ Read more

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JPMorgan Steps Further Into Crypto With Tokenized Money Fund
An anonymous reader quotes a report from the Wall Street Journal: JPMorgan Chase is joining the list of traditional financial firms seeking to bring blockchain technology to an investing staple: the money-market fund. The banking giant’s $4 trillion asset-management arm is rolling out its first tokenized money-market fund on the Ethereum blockchain. JPMo … ⌘ Read more

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Child who survived deadly snake bite sells cows to raise money for helicopter
This 10-year-old is selling her family’s cows to help raise funds for those who rescued her when she suffered a potentially deadly snake bite. ⌘ Read more

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What Happens When an ‘Infinite-Money Machine’ Unravels
Michael Saylor’s software company Strategy, formerly known as MicroStrategy, built a financial model that some observers called an “infinite-money machine” by stockpiling hundreds of thousands of bitcoins and issuing stock and debt to buy more, but that machine appears to be breaking down. The company’s stock peaked above $450 in mid-July and ended November at $177.18, … ⌘ Read more

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Woman accused of googly eyes vandalism to begin negotiations with prosecution
A 20-year-old Mount Gambier woman appears in court in person for the first time, accused of damaging a controversial sculpture, following a campaign to raise money online for her defence. ⌘ Read more

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How a Cryptocurrency Helps Criminals Launder Money and Evade Sanctions
An investigation has revealed how stablecoins – cryptocurrencies pegged to the US dollar that exist largely beyond traditional financial oversight – have become a practical tool for criminals and sanctioned individuals to move funds across borders almost instantly and convert them back into spendable money, often without detection.
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Russia ramps up recruitment of foreign fighters despite ceasefire talks
Through a targeted social media campaign, Russia is offering citizenship and money to foreigners who join its fight in Ukraine, but experts say this is a desperate measure from Moscow. ⌘ Read more

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Why all of Melbourne’s major arts institutions have the same name
No sensible organisation can now afford to turn down money or its requirements. So, cash-strapped institutions find themselves between a rock and a hard place with a big name painted on it. ⌘ Read more

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In-reply-to » @lyse what’s on the one on the left, back? Looks… enticing! 🤤

@lyse@lyse.isobeef.org no wonder I picked that cake (albeit coincidentally), I adore almonds, and hazelnuts! Your teammates are absolutely amazing, dude! A very nice project farewell! On leaving places I have a small anecdote.

I know someone who on 3 February 2004 left his job to go elsewhere. At the time his teammates threw a party, and gave him a very nice portable storage. Twenty days later, he returned, and jokingly they asked him for the storage, and money spent on farewell party back. I heard, from a close source, that he gave them his middle finger, but don’t quote me on that. 😂😂😂

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Most renters avoid heating and cooling homes due to costs
A new report finds that about 70 per cent of renters were avoiding heating and cooling their homes to save money. Some experts and advocates are calling for stronger minimum energy standards across the country. ⌘ Read more

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Swiss Illegal Cryptocurrency Mixing Service Shut Down
Longtime Slashdot reader krouic shares a report from Europol: From November 24-28, 2025, Europol supported an action week conducted by law enforcement authorities from Switzerland and Germany in Zurich, Switzerland. The operation focused on taking down the illegal cryptocurrency mixing service Cryptomixer, which is suspected of facilitating cybercrime and money laundering. … ⌘ Read more

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Bitcoin slinks to shadows as crypto bros turn to new kid on the blockchain
It remains a useful tool for some nefarious operators, including global crime gangs and questionable governments, but Bitcoin’s role has been usurped by stablecoins — one in particular. ⌘ Read more

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China’s Central Bank Flags Money Laundering and Fraud Concerns With Stablecoins
China’s central bank has flagged stablecoins as a specific concern in its latest push against virtual currencies, warning that the tokens fail to meet requirements for customer identification and anti-money-laundering controls and risk being used for fraud, money laundering, and unauthorized cross-border fund transfers.

T … ⌘ Read more

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‘Dirty, disgusting money’: The heiress giving away her entire fortune
When Marlene Engelhorn inherited tens of millions of dollars from her grandma, she felt she had two choices: do something about it, or confirm she was “full of sh*t”. ⌘ Read more

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63% of Americans Polled say Four-Year College Degrees Aren’t Worth the Cost
Almost two-thirds of registered U.S. voters “say that a four-year college degree isn’t worth the cost,” according to a new NBC News poll:

Just 33% agree a four-year college degree is “worth the cost because people have a better chance to get a good job and earn more money over their lifetime,” while 63% agree more with the con … ⌘ Read more

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Gold Coast developer under investigation taken to court over continued spending
ASIC alleges businessman David McWilliams has continued to spend money in frozen bank accounts on cruises, gambling and a trip to Disneyland. ⌘ Read more

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OpenAI Needs At Least $207 Billion By 2030 Just To Keep Losing Money, HSBC Estimates
OpenAI will need to raise at least $207 billion in new funding by 2030 to sustain operations while continuing to lose money, according to a new analysis from HSBC that models the company’s cloud computing commitments against projected revenue. The bank’s US software team updated its forecasts after OpenAI ann … ⌘ Read more

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Texas Buys $5 Million In BTC ETF As States Edge Toward First Government Crypto Reserves
Texas has purchased $5 million worth of BlackRock’s bitcoin ETF as an initial step toward creating the first state-level bitcoin reserve in the U.S.
“[O]ther states having previously invested in such funds with public-employee retirement money,” notes CoinDesk. “Michigan has been building such an inve … ⌘ Read more

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When I try to login to PayPal I now see:

Please enable JS and disable any ad blocker

Here’s the thing. PayPal takes fees from transactions and payments received and sent.

I have very right not have ads shoved in my face for something that isn’t actually free in the first place and costs money to use. If PayPal would like to continue to piss off folks me like, then I’ll happily close my PayPal account and go somewhere else that doesn’t shove ads in my face and consume 30-40% of my Internet bandwidth on useless garbage/crap.

#PayPal #Ads

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Napster Said It Raised $3 Billion From a Mystery Investor. But Now the ‘Investor’ and ‘Money’ Are Gone
An anonymous reader shared this report from Forbes:

On November 20, at approximately 4 p.m. Eastern time, Napster held an online meeting for its shareholders; an estimated 700 of roughly 1,500 including employees, former employees and individual investors tuned in. Th … ⌘ Read more

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In-reply-to » What do you do, when a recruiter throws you a PD or two and says the total compensation is ~2-3x what you're on now?! 🤔

@prologic@twtxt.net I couldn’t have phrased it any better than @bender@twtxt.net. :-)

Twice or three times the money as before sounds a bit suspicious to me. Of course, I could be wrong, but I always was under the impression, that your last jobs weren’t all that badly salaried. If the new offer is really paid this highly, it might be a shit job. For me, money isn’t everything, I’d rather opt for a lower income where the job is fun than hating to go to work every day. But if the new job ticks all boxes, go for it. :-)

Also: Consult your pillow, don’t rush it.

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Strike Force Myddleton charge fortune teller over alleged $70 million fraud
Financial Crimes Squad detectives charged two women for their alleged involvement in a highly sophisticated multi-million-dollar fraud and money laundering syndicate operating across Sydney. ⌘ Read more

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The Medicaid Program That Saved Money, Turned People’s Health Around — and Got Killed
Lisa Rab,  Contributing Writer  -  Politico

Stephan: As Congress continues to cease to function, and “king” Trump spends his time visting with fellow authoritarians, and going to parties that would make the most debauched Roman emperor envious, the lives of millions of Americans are coming apart, as Medicaid comes apart.

![](https://www.schwartzreport.net/ … ⌘ Read more

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