Robinhood was sued Monday for wrongful death by the family of Alex Kearns, a 20-year-old customer who took his life last summer after believing he had racked up big losses on the millennial-favored stock trading app. CNBC reports: “This case centers on Robinhood’s aggressive tactics and strategy to lure inexperienced and unsophisticated investors, including Alex, to take big risks with the…
Tag: suicide
Julian Assange Extradition To US Blocked by UK Judge
Wikileaks founder Julian Assange cannot be extradited to the United States, a court in London has ruled. From a report: The judge blocked the request because of concerns over Mr Assange’s mental health and risk of suicide in the US. The 49-year-old is wanted over the publication of thousands of classified documents in 2010 and 2011. The US claims the leaks…
Warner Bros. To Debut Entire 2021 Film Slate, Including ‘Dune’ and ‘Matrix 4,’ Both on HBO Max and In Theaters
When Warner Bros. announced that “Wonder Woman 1984” would land on the streaming service HBO Max on Christmas, the same time it debuts in theaters, many expected it to be an isolated case in response to an unprecedented pandemic. From a report: Instead, the studio will deploy a similar release strategy for the next twelve months. In a surprising break from…
FCC Chairman Ajit Pai Will Step Down on January 20
FCC Chairman Ajit Pai has announced plans to depart the commission when President-elect Joe Biden is inaugurated on January 20th. Pai has served on the FCC since 2012. From a report: “It has been the honor of a lifetime to serve at the Federal Communications Commission, including as Chairman of the FCC over the past four years,” Pai said in a…
Aaron Swartz’s Memory Honored with Virtual Hackathon
Saturday saw 2020’s virtual observation of the annual Aaron Swartz Day and International Hackathon, which the EFF describes as “a day dedicated to celebrating the continuing legacy of activist, programmer, and entrepreneur Aaron Swartz.” Its official web site notes the wide-ranging event includes “projects and ideas that are still bearing fruit to this day, such as SecureDrop, Open Library, and the…
Software Engineer Catches Intelligent Bot Posting on Reddit
“The posts were appearing at a rate of about one per minute, and the posts were lengthy, most around six paragraphs long…” writes software engineer Philip Winston. I read through some of the posts. The quality was incredibly good, no machine could have written these even a few years ago. However there were some flaws and tells that suggested they were…
Facebook Rebuts Netflix Documentary ‘The Social Dilemma’
Facebook on Friday offered a rebuttal to the hit Netflix documentary-drama, “The Social Dilemma.” The movie revealed, perhaps for the first time to some viewers, how social networks use algorithms to keep people coming back. It also addressed how tech companies have influenced elections, ethnic violence and rates of depression and suicide. Some viewers said they were deleting Facebook and Instagram…
Facebook Stops French Man From Streaming His Dying Days
“Facebook has prevented a French man with an incurable illness from streaming his own death on the social media site, according to a company statement…” reports CNN: Alain Cocq, 57, estimates he will only have days to live after stopping all medication, food and drink, which he planned to do on Friday evening. He had intended to broadcast his dying days…
‘GamerGate’ Proponent Kills Ex-Girlfriend, Commits Suicide
41-year-old Rudy Ferretti “was known in the male-dominated retro gaming community as a champion gamer — and as a raging misogynist who ferociously harassed women,” writes blogger David Futrelle. “He once made a homebrew game in which the goal was to kill women. “Last week, he allegedly gunned down his former girlfriend Amy Molter before turning his gun on himself.” Wired…
Robinhood Changes Trading App After 20-Year-Old’s Suicide
CNBC reports on the odd circumstances around the suicide of 20-year-old college student options trader Alex Kearns:
It was less than 24 hours after Alex had checked his account at the wildly popular trading app, Robinhood. In his note, he said he thought he had quickly racked up a negative $730,165 cash balance. But Alex may have misunderstood the Robinhood financial statement,…