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Riot Games says Sam Bankman-Fried’s love of League of Legends hurts the brand

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Riot Games says Sam Bankman-Fried’s love of League of Legends hurts the brand

League of Legends developer Riot Video games says Sam Bankman-Fried’s affiliation with the sport is hurting the corporate’s picture (via Molly White). In a submitting in FTX’s chapter case, Riot Video games asks the court docket to terminate its League of Legends Championship Collection (LCS) sponsorship take care of the collapsed crypto change, citing irreversible “reputational hurt.”

Bankman-Fried’s love for gaming entered the highlight following the autumn of FTX, and he turned infamous for taking part in League of Legends (and different video games) throughout conferences. In a now-deleted profile of Bankman-Fried posted by enterprise capital agency Sequoia, co-founder Neeraj Arora says he was even taking part in League of Legends throughout their first assembly over Zoom.

The previous billionaire hasn’t been shy about his curiosity in League of Legends, both (though he’s self-admittedly bad on the recreation). He wrote about taking part in League in a lengthy thread on Twitter posted final yr, saying: “I play much more than you’d anticipate from somebody who routinely trades off sleep vs work. Why? Nicely, there’s one reply, which is the apparent one. The one most common factor about LoL is that everybody who performs it says they need they didn’t.”

“Pictures of Mr. Bankman-Fried taking part in League of Legends have been displayed alongside textual content describing his cavalier angle in the direction of investor conferences and irresponsibility with company funds,” the submitting reads. “These pictures created a public narrative that Mr. Bankman-Fried’s curiosity in League of Legends, as soon as relatable and human, was now reckless and juvenile.”

In response to the submitting, FTX nonetheless owes Riot Video games $6.25 million for the time it spent as an LCS sponsor in 2022, however that can improve to $12.875 million subsequent yr. These funds will “escalate every year by way of 2028,” bringing the deal’s complete worth as much as round $96 million. Along with allegedly experiencing injury to its model, Riot says it desires to finish the deal now so it may substitute FTX with yet one more crypto sponsor for the 2023 season.

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“The reputational hurt inflicted upon Riot can’t be undone,” the submitting reads. “FTX can’t return in time and put in place company controls for the safekeeping of buyer funds which have within the public eye now been absconded.”

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TikTok and Universal Music Group end feud with new agreement

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TikTok and Universal Music Group end feud with new agreement

Universal Music Group has inked a “multi-dimensional” deal with TikTok that will see its roster of artists — which includes Taylor Swift, Drake, and Olivia Rodrigo — return to the social media platform’s one billion-plus users. UMG began pulling its music from TikTok on February 1st after the old contract expired.

Notably, the deal will address concerns that UMG and its artists have with generative AI. “TikTok and UMG will work together to ensure AI development across the music industry will protect human artistry and the economics that flow to those artists and songwriters,” reads a press release announcing the deal. “TikTok is also committed to working with UMG to remove unauthorized AI-generated music from the platform, as well as tools to improve artist and songwriter attribution.”

“We are delighted to welcome UMG and UMPG back to TikTok,” said Ole Obermann, TikTok’s Global Head of Music Business Development. “In particular, we will work together to make sure that AI tools are developed responsibly to enable a new era of musical creativity and fan engagement while protecting human creativity.”

The deal also includes “new monetization opportunities” that stem from TikTok’s growing e-commerce capabilities. TikTok also commits to continue building tools to help artists better leverage the platform in areas like analytics and integrated ticketing.

The companies say they are “working expeditiously” to return artists to the platform.

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Asus won’t say if the ROG Ally’s SD card reader will ever be truly fixed

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Asus won’t say if the ROG Ally’s SD card reader will ever be truly fixed

1) Has Asus actually found a hardware fix for the faulty SD card readers? If someone RMAs their Ally to Asus this way, will they get an SD card reader that no longer fails?

Our commitment is to assist all customers effectively. If any user suspects they’re encountering issues with their products, we encourage them to reach out and make use of our RMA process as needed. They can expect us to provide a suitable resolution.

2) What percentage of ROG Ally systems have this issue?

We cannot comment on this at this time.

3) Assuming there is no hardware fix yet, why has the warranty only been extended by one year? 

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Apologies Sean, but we cannot comment on assumptions.

4) What does Asus plan to do for customers in territories outside the US? Will we see warranty extensions and SD card reimbursement elsewhere?

Service policies vary from region to region and are subject to local laws and regulations. While I cannot provide you a blanket statement that encompasses all global operations, you can rest assured that our focus is quality and our objective is to effectively answer our users concerns, regardless of location.

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Ask Kurt: How to avoid phishing scams, protect your iPhone

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Ask Kurt: How to avoid phishing scams, protect your iPhone

In the digital age, where our lives are intertwined with technology, scammers and hackers lurk in the shadows, always on the prowl for a chance to breach our defenses. They craft their schemes with a facade of legitimacy and an air of urgency, preying on the unsuspecting. It’s a game of wits where staying one step ahead is the key to safety.

Let’s take a look at a real-life scenario that underscores the importance of vigilance:

“Two days ago I received an email (from a local store) thanking me for shopping with them. I unfortunately opened the email and it was an invoice for antivirus software that cost $399.98. I immediately called the number provided but used my landline. I only use my iPhone; don’t own a computer of any kind. Two calls didn’t get me anywhere except to worry. I called my credit card company and with [advised canceling] my credit card. No such charge was in their cue. How [did a hacker] obtain my email and what should I have [done?] I am interested in protecting my IPhone. Please respond with advice.” — Judith, Signal Mountain, Tennessee

CLICK TO GET KURT’S FREE CYBERGUY NEWSLETTER WITH SECURITY ALERTS, QUICK VIDEO TIPS, TECH REVIEWS AND EASY HOW-TO’S TO MAKE YOU SMARTER

Judith, we’re sorry you had to go through that scary experience of opening what seemed like a legitimate email. Sadly, you are not the only one to suffer from this type of activity called phishing. 

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Hackers and scammers alike masquerade as legitimate companies or people with an urgent proposition to get you to open compromising documents or links that can endanger your security. Our digital data is readily available online, which is likely how your email address was obtained. Additionally, it’s possible that the hacker obtained your email address through a phishing attack, data breach or email harvesting. While we are glad that there were no charges on your credit card accounts, below are some steps you can take to secure your iPhone. (Android users, follow these tips.)

Man using his thumb for biometric authentication (Kurt “CyberGuy” Knutsson)

7 steps to outsmart digital intruders

1. Make sure your iPhone is secure with a passcode and biometric authentication (Face or Touch ID) enabled: Because your biometric information is unique to you, it adds a second layer of security before someone can access your phone.

2. Change your Apple ID & email account password: Your Apple ID is important for protecting your information and accessing your iPhone. Opening a phishing email may have compromised your email account. Change your email and Apple ID to unique, complex alphanumeric passwords.

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3. Enable two-factor authentication for any account impacted by the phishing scam: This would include both your Apple ID and your email address. If you have this additional layer of security activated, the hacker or scammer would have to send a code to your other device or account to gain access, even with your password. When you step up the two-factor authentication, choose a device that isn’t your iPhone, if possible, so if your phone becomes compromised, you can still gain access.

phishing scam 2

Illustration of emails on smartphone (Kurt “CyberGuy” Knutsson)

MORE: HOW A FLAW IN IPHONE’S SECURITY COULD LEAVE YOU LOCKED OUT

4. Check your email settings: See if there are rules set up to forward emails. If there are any rules set up, delete any you didn’t set up so that your messages aren’t forwarded to someone else’s address.

5. Get SIM-swapping protection added to your phone: SIM-swapping fraud is when someone gains control of your cellphone number by moving it to a new SIM card. If you want to add SIM-swapping protection to your phone, you can contact your provider to see if this feature can be added.

phishing scam 3

Cyberattack warning with sign-in on iPhone (Kurt “CyberGuy” Knutsson)

FINNISH HACKER SENTENCED FOR BLACKMAILING THERAPY PATIENTS AFTER ACCESSING THOUSANDS OF RECORDS

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6. Use antivirus software: The best way to protect yourself from clicking malicious links that install malware that may get access to your private information is to have antivirus protection installed on all your devices. Get my picks for the best 2024 antivirus protection winners for your Windows, Mac, Android & iOS devices.

7. Get identity theft protection: While getting an identity theft service seems like overkill, many identity theft protection services actually provide dark web monitoring services. They continually monitor the dark web to see if any crucial pieces of personal information like your email addresses or social security number end up compromised or up for sale on the dark web. Getting those alerts immediately gives you the opportunity to act faster and take the other steps listed above. If you already gave out your information to a potential scammer, you should follow these steps to see if your identity has been stolen.

One of the best parts of using identity theft protection is that they might include identity theft insurance of up to $1 million to cover losses and legal fees and a white-glove fraud resolution team where a U.S.-based case manager helps you recover any losses. See my tips and best picks on how to protect yourself from identity theft.

MORE: UNFORGETTABLE MOTHER’S DAY GIFTS 2024

Kurt’s key takeaways

Despite our best efforts and intentions, we all will or have fallen for a phishing scam at one point or another. Instead of letting the fear of the inevitable terrorize your digital life, take the precautionary steps listed above to stay one step ahead of the scammers even if you slip up.

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In what ways do you think technology companies can further enhance user security against cyberthreats? Let us know by writing us at Cyberguy.com/Contact.

For more of my tech tips & security alerts, subscribe to my free CyberGuy Report Newsletter by heading to Cyberguy.com/Newsletter.

Ask Kurt a question or let us know what stories you’d like us to cover.

Answers to the most asked CyberGuy questions:

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