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Tuesday Tech Drop: Pharma Bro chases clout with 'Trump' coin, Alvin Bragg takes a victory lap, and Verzuz earns vitriol

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Release: 2024-06-26 11:50:51
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Theweek'stopnewsfrom the intersection ofpoliticsand theall-inclusiveworld oftechnology.

Tuesday Tech Drop: Pharma Bro chases clout with ‘Trump’ coin, Alvin Bragg takes a victory lap, and Verzuz earns vitriol

HappyTuesday!Here’syourTuesdayTechDrop,theweek’stopnewsfromtheintersectionofpoliticsandtheall-inclusiveworldoftechnology.PharmaBrochasescloutwith‘Trump’coinMartinShkreli—theso-calledPharmaBrowhoearnedthemonikerafterhikingthecostofananti-parasitedrugin2015andwaslaterconvictedofsecuritiesfraud—hasbeenhawkingacryptocurrencycalled“DJT”andclaiming,withoutproducinganyevidence,thatthecoinwascreatedincollaborationwithamemberoftheTrumpfamily,theNewYorkPostreports(representativesfortheformerpresidentdidn’trespondtothePost'srequestforcommentonShkreli'sclaim).WithTrumpopenlycourtingcryptobros(afterpreviouslydenouncingcrypto)andvowingto"endJoeBiden’swaroncrypto,"Shkreli’susingtheTrumpnameforcloutoffersaclearexampleofhowjustaboutanyonecangamethemarketplace.ReadmoreattheNewYorkPost.AlvinBragg’svictorylapTheManhattandistrictattorneyistakingwhatTheDailyBeastcallsa“victorylap”asRep.JimJordan,R-Ohio,fumesoverBragg’soffice’ssuccessfullypushingYouTubetorestrictvideosthatshowhowtobuildfirearmsormakeillegalmodifications.BragghasbeentargetedbyTrumpandhisalliesforconvictingTrumponchargesoffalsifyingbusinessrecordsinMay.ReadmoreatTheDailyBeast.BigTechtrustissuesNewpollingfromTechPolicysuggestsamajorityofU.S.adultsfeelsignificantdistrusttowardelection-relatedinformationtheyseeonsocialmedia."Alittlemorethanhalfofallsurveyrespondentsfindinformationaroundpoliticalissuesandcandidatesonsocialmedia untrustworthy,"accordingtoTechPolicy."Incontrast,only39percentofallrespondentsputsomedegreeoftrustinelection-relatedinformationtheyfindonsocialmedia."Theresultssuggestthattheproliferationofdisinformationonline,includingfalsestoriescreatedandpromotedwiththehelpofartificialintelligencetools,ishelpingtofueldistrust.ReadmoreatTechPolicy.CyberconcernsNewsNationhasareportonthepotentiallyfataleffectsofcyberattacks.WithcyberattacksapparentlyontheriseintheU.S.,thereportishelpfulforanyonelookingtounderstandthereal-worldconsequencesofattacksoninstitutionsthatcommunitiesrelyon,suchashospitals.ReadmoreatNewsNation.Please[do]stopthemusicTheRecordingIndustryAssociationofAmericaissuingartificialintelligencecompaniesUdioandSuno,whichareknownforusinggenerativeAItoolstocreatesongs.TheRIAAsuitclaimsthecompaniesareillegallyusingrecordingartists’voicestotraintheirAImodels.Take,forexample,thisfakeversionofMariahCarey's"AllIWantforChristmasIsYou."UdiotoldNBCNews,“WestandbehindourtechnologyandbelievethatgenerativeAIwillbecomeamainstayofmodernsociety”;Sunodidnotrespondtoarequestforcomment.Readmoreat404Media.TedCruzfollowsinAOC’sfootstepsSen.TedCruz,R-Texas,isfollowingtheleadofRep.AlexandriaOcasio-Cortez,D-N.Y.,inproposinglegislationtofightthetrendofnonconsensualdeepfakepornography.AfterAOCthisyearintroducedtheDEFIANCEAct,whichismeanttoallowvictimstoseekdamagesincourt,CruzandseveralothersenatorshaveintroducedtheTakeItDownAct,whichwouldenforceaprocessthatsocialplatformswouldhavetofollowtoremovesuchimages.ReadmoreatCNBC.VerzuzearnsvitriolRecordproducersSwizzBeatzandTimbalandweredraggedonsocialmediaafterpostingacheeryphotowithElonMusktoannouncetheirplanstorevivetheVerzuzmusicbattleonMusk’ssocialmediaplatform,X.TheposttoutedVerzuzas“blackowned,”whichdidn'tsitwellwithmanyontheplatformwhonotedthatMuskhasrailedagainstdiversityinitiativesandhisplatformhasitsownissueswithracistcontent.ThemovecouldbeaboonforMusk’splatformashetriestowoobackadvertiserswho’vefledX.SwizzBeatzrespondedtothebacklashonline,claiming“peoplewillsoonseetheplan”hehasinstorefortheapp.ReadmoreatBET.com.

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