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FTX to pay $12.7B to victims of Sam Bankman-Fried’s massive scheme

Enlarge (credit: NurPhoto / Contributor | NurPhoto) FTX, the bankrupt cryptocurrency exchange formerly helmed by fraudster Sam Bankman-Fried, has agreed to pay $12.7 billion to customers blindsided by Bankman-Fried’s deceptions covering up FTX’s flagrant misuse of customer funds. In an…

PrivacyLens uses thermal imaging to turn people into stick figures

Enlarge / The round lens of PrivacyLens captures standard digital video while the square lens senses heat. The heat sensor improves the camera’s ability to spot and remove people from videos. (credit: Brenda Ahearn, Michigan Engineering) Roombas can be both…

App redesign blowback will cost Sonos up to $30 million, CEO says

Enlarge (credit: Sonos) Addressing blowback from Sonos’ wildly unpopular app redesign will cost the company $20 to $30 million “in the short term,” according to CEO Patrick Spence. In May, Sonos launched an updated app that aggravated many users due…