Englishman Who Posed As HyperVerse CEO Says Sorry To Investors Who Lost Millions

Stephen Harrison, an Englishman living in Thailand who posed as chief executive Steven Reece Lewis for the launch of the HyperVerse crypto scheme, told the Guardian Australia that he was paid to play the role of chief executive but denies having ‘pocketed’ any of the money lost. He says he received 180,000 Thai baht (about $7,500) over nine months and a free suit, adding that he was “shocked” to learn the company had presented him as having fake credentials to promote the scheme. From the report: He said he felt sorry for those who had lost money in relation to the scheme — which he said he had no role in — an amount Chainalysis estimates at US$1.3 billion in 2022 alone. “I am sorry for these people,” he said. “Because they believed some idea with me at the forefront and believed in what I said, and God knows what these people have lost. And I do feel bad about this. “I do feel deeply sorry for these people, I really do. You know, it’s horrible for them. I just hope that there is some resolution. I know it’s hard to get the money back off these people or whatever, but I just hope there can be some justice served in all of this where they can get to the bottom of this.” He said he wanted to make clear he had “certainly not pocketed” any of the money lost by investors.

Harrison, who at the time was a freelance television presenter engaged in unpaid football commentary, said he had been approached and offered the HyperVerse work by a friend of a friend. He said he was new to the industry and had been open to picking up more work and experience as a corporate “presenter.” “I was told I was acting out a role to represent the business and many people do this,” Harrison said. He said he trusted his agent and accepted that. After reading through the scripts he said he was initially suspicious about the company he was hired to represent because he was unfamiliar with the crypto industry, but said he had been reassured by his agent that the company was legitimate. He said he had also done some of his own online research into the organization and found articles about the Australian blockchain entrepreneur and HyperTech chairman Sam Lee. “I went away and I actually looked at the company because I was concerned that it could be a scam,” Harrison said. “So I looked online a bit and everything seemed OK, so I rolled with it.” The HyperVerse crypto scheme was promoted by Lee and his business partner Ryan Xu, both of which were founders of the collapsed Australian bitcoin company Blockchain Global. “Blockchain Global owes creditors $58 million and its liquidator has referred Xu and Lee to the Australian Securities and Investments Commission for alleged possible breaches of the Corporations Act,” reports The Guardian. “Asic has said it does not intend to take action at this time.”

Rodney Burton, known as “Bitcoin Rodney,” was arrested and charged in the U.S on Monday for his alleged role in promoting the HyperVerse crypto scheme. The IRS alleges Burton was “part of a network that made ‘fraudulent’ presentations claiming high returns for investors based on crypto-mining operations that did not exist,” reports The Guardian.

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Brave Search Can Now Deliver Results For Programming Queries

Brave has introduced CodeLLM, an AI-powered tool integrated into its search engine that offers results for programming queries. TechCrunch reports: The new AI-powered CodeLLM provides code snippets with step-by-step explanations and citations. CodeLLM is free and now integrated into Brave Search so users don’t have to switch apps to access it. CodeLLM is available to all Brave Search users on desktop and mobile. If Brave Search is your default search engine then all you need to do to access CodeLLM is start a search in your browser’s address bar. If Brave Search isn’t your default search engine, then you need to head to search.brave.com to conduct your search. “CodeLLM automatically detects programming-related queries, so there’s no need to generate a special search,” Brave explained in the blog post. “On top of the search results, if an answer is possible there will be a widget to trigger the CodeLLM response. The detection of programming queries happens outside of the LLM, by other search components (similar to the ones able to detect queries about the weather, queries that lend themselves well to be summarized, queries about stock prices, etc).”

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Earth Shattered Global Heat Record In 2023

The European climate agency Copernicus said Earth shattered global annual heat records in 2023, flirting with the world’s agreed-upon warming threshold of 1.5 degrees Celsius. “On average, global temperatures in 2023 were 1.48 degrees Celsius higher than pre-industrial times,” reports the Associated Press. “If annual averages reach above 1.5 degrees Celsius, the effects of global warming could become irreversible, climate scientists say.” From the report: The record heat made life miserable and sometimes deadly in Europe, North America, China and many other places last year. But scientists say a warming climate is also to blame for more extreme weather events, like the lengthy drought that devastated the Horn of Africa, the torrential downpours that wiped out dams and killed thousands in Libya and the Canada wildfires that fouled the air from North America to Europe. In a separate Tuesday press event, international climate scientists who calculate global warming’s role in extreme weather, the group’s leader, Imperial College climate scientist Friederike Otto said “we definitely see in our analysis the strong impact of it being the hottest year.”

The World Weather Attribution team only looks at events that affect at least 1 million people or kill more than 100 people. But Otto said her team was overwhelmed with more than 160 of those in 2023, and could only conduct 14 studies, many of them on killer heat waves. “Basically every heat wave that is occurring today has been made more likely and is hotter because of human-induced climate change,” she said. [….] Antarctic sea ice hit record low levels in 2023 and broke eight monthly records for low sea ice, Copernicus reported.

Copernicus calculated that the global average temperature for 2023 was about one-sixth of a degree Celsius (0.3 degrees Fahrenheit) warmer than the old record set in 2016. While that seems a small amount in global record-keeping, it’s an exceptionally large margin for the new record, [Copernicus Deputy Director Samantha Burgess] said. Earth’s average temperature for 2023 was 14.98 degrees Celsius (58.96 degrees Fahrenheit), Copernicus calculated.

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Amazon’s Twitch To Cut 500 Employees, About 35% of Staff

According to Bloomberg, Amazon’s livestreaming site Twitch is expected to cut 35% of its staff, or about 500 workers. “The cuts, which could be announced as soon as Wednesday, come amid concerns over losses at Twitch and after several top executives left the company in the span of a few months,” notes Bloomberg. Slashdot reader quonset shares the report: Running a large-scale website supporting 1.8 billion hours of live video content a month is enormously expensive, despite Twitch’s reliance on Amazon’s infrastructure, company executives have said. In December, Twitch Chief Executive Officer Dan Clancy said the company would cease operations in South Korea, where the costs are “prohibitively expensive,” according to a blog post he wrote. Twitch has increased its focus on advertising in recent years. Nine years after Amazon’s acquisition of the company, the business remains unprofitable, according to the people, who asked not to be identified discussing private information.

In the final months of 2023, several top executives announced their departures, including Twitch’s chief product officer, chief customer officer and chief content officer. Twitch also lost its chief revenue officer, who worked on Twitch from within Amazon’s Ads unit. “It’s always bittersweet when talented leaders move on to pursue new opportunities,'” a Twitch spokesperson said at the time. “We are incredibly grateful for their contributions to Twitch and our community, and wish them all the best.”

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HPE To Acquire Juniper Networks For $14 Billion

Hewlett Packard Enterprise (HPE) announced plans to buy data center networking hardware maker Juniper Networks for about $14 billion, or $40 per share, in an all-cash deal. The company expects to close the deal by the end of this year or in early 2025. CNBC reports: The acquisition would double HPE’s existing networking business after years of competition. If it’s completed, Juniper CEO Rami Rahim would lead the combined group and report to HPE’s CEO, Antonio Neri, according to the statement. HP got deeper into the category when it bought Aruba Networks in 2015, and months later, the technology conglomerate split in two, resulting in the formation of HPE, which sells servers and other equipment for data centers, and HP Inc., which makes PCs and printers. HPE said adding Juniper to its portfolio would bolster margins and speed up growth.

Founded in 1996, Juniper spent many years chasing Cisco in the market for networking gear. Revenue grew 12% year over year in 2022, the fastest growth since 2010. In the most recent quarter, Juniper eked out a $76 million profit on $1.4 billion in revenue, which declined 1%. HPE’s networking segment was the company’s top source of earnings before taxes, at $401 million on $1.4 billion in revenue, which was up 41%. Coming together would lead to $450 million in annual cost savings within three years of the deal’s completion, HPE said.

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