The Spectacular Synapse Collapse

The spectacular collapse of fintech middleman Synapse has left $200 million in customer money frozen and up to $95 million missing, with no clear answers about where the funds went. After Synapse, a financial technology company connecting other fintechs to banks, filed for bankruptcy in April 2024, customers of apps like Yotta, Juno, and Copper found themselves locked out of their savings.

Founded in 2014 by Sankaet Pathak, Synapse connected consumer-facing fintech platforms with banks holding customer deposits. The disaster unfolded after relationships with regional bank Evolve and unicorn client Mercury deteriorated, triggering a chain reaction through the financial infrastructure. Nearly a year later, Fortune reports that a Department of Justice criminal investigation is underway, while the bankruptcy’s court-appointed trustee called the situation an “awful, awful” mess. The debacle, the outlet writes, exposes the risks lurking beneath popular financial apps operating in a regulatory frontier where customer funds travel across an invisible bridge of intermediaries.

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Nearly 1 million Windows devices targeted in advanced “malvertising” spree

Nearly 1 million Windows devices were targeted in recent months by a sophisticated “malvertising” campaign that surreptitiously stole login credentials, cryptocurrency, and other sensitive information from infected machines, Microsoft said.

The campaign began in December, when the attackers, who remain unknown, seeded websites with links that downloaded ads from malicious servers. The links led targeted machines through several intermediary sites until finally arriving at repositories on Microsoft-owned Github, which hosted a raft of malicious files.

Chain of events

The malware was loaded in four stages, each of which acted as a building block for the next. Early stages collected device information, presumably to tailor configurations for the later ones. Later ones disabled malware detection apps and connected to command-and-control servers; affected devices remained infected even after being rebooted.

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Music labels will regret coming for the Internet Archive, sound historian says

On Thursday, music labels sought to add nearly 500 more sound recordings to a lawsuit accusing the Internet Archive (IA) of mass copyright infringement through its Great 78 Project, which seeks to digitize all 3 million three-minute recordings published on 78 revolutions-per-minute (RPM) records from about 1898 to the 1950s.

If labels’ proposed second amended complaint is accepted by the court, damages sought in the case—which some already feared could financially ruin IA and shut it down for good—could increase to almost $700 million. (Initially, labels sought about $400 million in damages.)

IA did not respond to Ars’ request for comment, but the filing noted that IA has not consented to music labels’ motion to amend their complaint.

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Why Most Countries Are Struggling To Shut Down 2G

Global telecom operators are struggling to shut down aging 2G networks despite pressure to free up spectrum for 4G and 5G services, as the transition threatens to exclude millions of vulnerable users.

While Vietnam successfully decommissioned 2G in November 2024 by providing free 4G phones to low-income users, countries like South Africa and India have delayed shutdowns over concerns about cutting off phone access for millions. According to GSMA Intelligence, 61 countries have planned or initiated 2G network shutdowns to enhance bandwidth and reduce maintenance costs. For 2.5 billion people worldwide, smartphones cost about 30% of monthly income, keeping basic phones essential despite declining global feature phone sales.

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AMD is releasing its latest Ryzen X3D processors on March 12

AMD has announced that it’s releasing its newest Ryzen X3D processors on March 12. The Ryzen 9 9950X3D and Ryzen 9 9900X3D were both introduced back at CES 2025, and are currently the most powerful gaming-focused processors the company sells.

The 9950X3D has 16 Zen 5 CPU cores, a max boost speed of 5.7GHz and second-generation 3D V-Cache tech for more efficient performance. In contrast, the 9900X3D comes with a more modest 12 CPU cores and a max boost speed of 5.5GHz. AMD’s 3D V-Cache tech is still the standout feature on these chips. The company introduced 3D V-Cache as a method of packaging cache modules on top of each other to provided less RAM-intensive performance. The tech was added to desktop processors first, before coming to laptop processors in 2023.

The 9950X3D’s 3D V-Cache packaging allows it to be 20 percent faster than Intel’s Core i9 285K across 40 different games, according to stats AMD shared when it announced the chip. It’s also supposed to be at least 10 percent faster across certain content creation apps, too. When you take into account AMD’s recently released Radeon 9070 GPUs, the company has the pieces you need to make a pretty compelling gaming PC.

The AMD Ryzen 9 9950X3D and Ryzen 9 900X3D will be available to order on March 12. The Ryzen 9 9950X3D will start at $699 and the Ryzen 9 9900X3D starts at $599.

This article originally appeared on Engadget at https://www.engadget.com/computing/amd-is-releasing-its-latest-ryzen-x3d-processors-on-march-12-195656335.html?src=rss

WB Offers Replacements, Not Refunds, for Hundreds of Rotting DVDs

Warner Bros. Home Entertainment has confirmed widespread issues affecting DVDs manufactured between 2006-2008 that are experiencing premature disc rot. The company is offering replacements for affected titles but no refunds, even when replacements aren’t possible.

The problem manifests in various ways: complete disc failure, freezing midway through playback, or menu issues. Movie critic Chris Bumbray recently discovered several of his classic film DVDs had deteriorated, including titles not available digitally. DVD collectors have documented this issue for years via YouTube and forums, with speculation that a Pennsylvania manufacturing plant used subpar materials.

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The Apple Watch Series 10 falls to a record-low price

It’s your lucky day if you’re looking for good deals on Apple devices. We’ve highlighted discounts on MacBook Air models, the base iPad and AirPods Pro 2. In addition to those, the Apple Watch Series 10 is on sale for its lowest price to date. The smartwatch has dropped back down to its record-low price of $299. That’s a $100 discount.

The Apple Watch SE got a discount too. The device typically retails for $249, but you can snap it up for $169.

The Apple Watch Series 10 is our pick for the best smartwatch overall. That may not necessarily apply if you’re an Android user, since you need an iPhone to actually use an Apple Watch.

In any case, we gave the Apple Watch Series 10 a score of 90 in our review. Apple’s current flagship smartwatch has a bigger screen, making it easier to see your notifications and health data (it’s a pretty dang great device for wellness and fitness tracking). The thinner frame makes it more aesthetically pleasing too. On the downside, losing the blood oxygen feature from previous models is a bummer, but that issue was out of Apple’s hands to a certain extent.

It’s perhaps not quite worth an upgrade if you have a Series 8 or 9 already. Apple isn’t exactly reinventing the wheel here. Plus the sleep apnea detection feature that debuted alongside the Series 10 is also available on the Series 9 and Ultra 2. Still, if you’re an Apple Watch newcomer or upgrading from an even older model, the Series 10 is likely your best option, especially for the sake of future proofing.

Check out our coverage of the best Apple deals for more discounts, and follow @EngadgetDeals on X for the latest tech deals and buying advice.

This article originally appeared on Engadget at https://www.engadget.com/deals/the-apple-watch-series-10-falls-to-a-record-low-price-184918237.html?src=rss

Trump’s federal Bitcoin reserve order leaves the crypto market unenthused

With US stocks unstable, consumer confidence in the economy plunging and whispers of a potential recession growing less muted, the economy under President Donald Trump’s second term has been about as stable as a recovering addict’s first week back on blow. With that turbulence as a backdrop, the cryptocurrency industry hoped Thursday’s executive order establishing a federal Bitcoin reserve would at least spur a surge in the blockchain ecosystem. Instead, Bitcoin’s value has dropped sharply, and one crypto-focused hedge fund founder called Trump’s order “the most underwhelming and disappointing outcome we could have expected for this week.”

After Trump posted in January that he would sign an executive order to establish a crypto stockpile, the market responded enthusiastically and prices rose accordingly. Bitcoin spiked to an all-time high of over $109,000 in January (after surpassing the $100,000 mark for the first time in early December).

On Friday, at its lowest point following Trump’s executive order, Bitcoin fell by around five percent to $85,000. It had recovered a bit at the time of publication but was still only hovering at around $88,000, a nearly 20 percent nosedive from its January high (and down over 2.2 percent on the day).

Much of the underwhelming reaction stems from the reserve’s use of shares already owned by the government through seizures or civil asset forfeitures. Although the order leaves the door open to possible government Bitcoin purchases in the future, White House crypto czar David Sacks clarified that the executive branch was only “authorized to develop budget-neutral strategies for acquiring additional Bitcoin, provided that those strategies impose no incremental costs on American taxpayers.”

That wasn’t what the crypto bros were hoping for. “This is the most underwhelming and disappointing outcome we could have expected for this week,” Charles Edwards, founder of the crypto-focused hedge fund Capriole Investments, posted on X (via Reuters). “No active buying means this is just a fancy title for Bitcoin holdings that already existed with the Govt. This is a pig in lipstick.”

In addition, the executive order also calls for a “US Digital Asset Stockpile” for other crypto tokens, which Trump has said will include Ether, XRP, Solana and Cardano.

Crypto industry executives are holding a summit at the White House on Friday to, among other topics, get a better lay of the land regarding future regulatory enforcement. Among the attendees is Coinbase CEO Brian Armstrong, whose company was one of several that recently had enforcement cases dropped by Trump’s SEC. (Convenient!) Reuters reports that analysts believe the market needs a reason to become bullish again, like a clearer pro-crypto regulatory policy or signs that the US Federal Reserve plans to cut interest rates.

Trump successfully courted the industry in his 2024 campaign. In addition to pledging to create a federal crypto reserve, he promised to make America “the crypto capital of the planet” and fire SEC Chair Gary Gensler on day one. (In November, he announced he would resign the moment Trump took office on January 20.)

The 47th US President also has a stake in crypto, which has set off alarms (if not blaring sirens) of potential conflicts of interest. First, he and First Lady Melania Trump have memecoins, currently down 80 and 90 percent, respectively, from their all-time highs right before his inauguration. Trump also has a stake in the crypto platform World Liberty Financial, which reportedly bought over $20 million worth of cryptocurrencies — including over $10 million in Ether, $9.9 million in Bitcoin derivative WBTC and $1.68 million in MOVE — ahead of Friday’s White House summit.

This article originally appeared on Engadget at https://www.engadget.com/big-tech/trumps-federal-bitcoin-reserve-order-leaves-the-crypto-market-unenthused-184135436.html?src=rss

“They curdle like milk”: WB DVDs from 2006–2008 are rotting away in their cases

Although digital media has surpassed physical media in popularity, there are still plenty of reasons for movie buffs and TV fans to hold onto, and even continue buying, DVDs. With physical media, owners are assured that they’ll always be able to play their favorite titles, so long as they take care of their discs. While digital copies are sometimes abruptly ripped away from viewers, physical media owners don’t have to worry about a corporation ruining their Friday night movie plans. At least, that’s what we thought.

It turns out that if your DVD collection includes titles distributed by Warner Bros. Home Entertainment, the home movie distribution arm of Warner Bros. Discovery (WBD), you may one day open up the box to find a case of DVD rot.

Recently, Chris Bumbray, editor-in-chief of movie news and reviews site JoBlo, detailed what would be a harrowing experience for any film collector. He said he recently tried to play his Passage to Marseille DVD, but “after about an hour, the disc simply stopped working.” He said “the same thing happened” with Across the Pacific. Bumbray bought a new DVD player but still wasn’t able to play his Desperate Journey disc. The latter case was especially alarming because, like a lot of classic films and shows, the title isn’t available as a digital copy.

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Apple is delaying its smarter, more personal Siri

Apple is delaying its updated version of Siri that understands personal context and can take action inside of apps, according to a statement the company shared with Daring Fireball.

The company didn’t offer a date as to when the upgrades to Siri will actually launch beyond that they’re “rolling them out in the coming year.” Here’s the full statement reproduced below:

Siri helps our users find what they need and get things done quickly, and in just the past six months, we’ve made Siri more conversational, introduced new features like type to Siri and product knowledge, and added an integration with ChatGPT. We’ve also been working on a more personalized Siri, giving it more awareness of your personal context, as well as the ability to take action for you within and across your apps. It’s going to take us longer than we thought to deliver on these features and we anticipate rolling them out in the coming year.

A revamped, more powerful Siri was a core part of Apple’s original pitch for Apple Intelligence. Way back when the company first detailed its plans, it claimed that Siri would not only understand what’s happening on your phone, but also be able to take action in apps for you. So far, the main pieces of that new Siri Apple has shipped are the ability to type requests rather than speak them out loud, the ability to understand and explain Apple product features, a new animation for when Siri is activated and integration with ChatGPT.

Bloomberg was the first to report that the updated Siri was facing problems and potential delays. Apple’s plans to connect Siri to a large language model that would give the assistant even more capabilities is also reportedly years away.

This article originally appeared on Engadget at https://www.engadget.com/ai/apple-is-delaying-its-smarter-more-personal-siri-183513424.html?src=rss

Apple Delays ‘More Personalized Siri’ Apple Intelligence Features

Apple is postponing the rollout of its more personalized Siri features, originally promised as part of its Apple Intelligence initiative. “It’s going to take us longer than we thought to deliver on these features and we anticipate rolling them out in the coming year,” Apple told DaringFireball. The future update seeks to give Siri greater awareness of personal context and the ability to perform actions across apps.

Read more of this story at Slashdot.