Skip to main content

Slashdot: 'Cyber Grinches' Snatching Toys Should Be Stopped, Lawmakers Say

'Cyber Grinches' Snatching Toys Should Be Stopped, Lawmakers Say
Published on November 30, 2021 at 03:30PM
Lawmakers including Senators Richard Blumenthal and Chuck Schumer introduced a bill to crack down on "cyber Grinches" using bots to quickly snap up entire inventories of popular holiday toys and resell them at higher prices. Bloomberg reports: "This bill seeks to stop Cyber Grinch greed from ruining kids' holidays," Blumenthal says in a statement. "New tools are needed to block cyber scammers who snap up supplies of popular toys and resell them at astronomic prices. Price gouging hot toys by Grinch bots should have zero tolerance." The legislation, also introduced in the House of Representatives, would apply to e-commerce sites to ban bots from bypassing security measures on online retail portals. However, with Congress facing urgent deadlines to avoid a federal government shutdown and a debt limit default, it's unclear the bill will move in time to save Christmas.

Read more of this story at Slashdot.

Labels:

Comments

Post a Comment

Popular posts from this blog

Slashdot: Spain-Backed Fund Joins FOSSA's Sovereign Satellite Communications Push

Spain-Backed Fund Joins FOSSA's Sovereign Satellite Communications Push Published on 2026-06-28T22:05:00Z Spanish startup FOSSA Systems "has raised about $10.5 million to expand its connectivity constellation," reports Space News, noting some funding is backed by Spain's government: The support from the Spanish Society for Technological Transformation (SETT) comes a year after the fund injected 14 million euros into Spain's Sateliot , which is also developing a satellite connectivity network with security and defense applications. Spanish private investment firm Kibo Ventures led FOSSA's funding round, the six-year-old venture announced June 24, bringing its total raised to date to nearly 20 million euros. The proceeds will help fuel FOSSA's push beyond the tiny picosatellites it once used to connect low-power monitoring devices toward larger cubesats in low Earth orbit, enabling additional sovereign communications and space-based intelligence capab...
Post a Comment
Read more

Slashdot: AT&T Outlines $250 Billion US Investment Plan To Boost Infrastructure In AI Age

AT&T Outlines $250 Billion US Investment Plan To Boost Infrastructure In AI Age Published on 2026-03-10T20:00:00Z AT&T plans to invest more than $250 billion over the next five years to expand U.S. telecom infrastructure for the AI age. The company says it will also hire thousands of technicians while partnering with AST SpaceMobile to extend coverage to remote areas. Reuters reports: Rapid adoption of artificial intelligence, cloud computing and connected devices has prompted telecom operators to invest heavily in fiber and 5G networks as they also seek to fend off intensifying competition from cable broadband providers. AT&T, which has about 110,000 employees in the U.S., said the new hires will help build and maintain its infrastructure. The outlay includes capital expenditure and other spending, the company said. The spending will focus on expanding its fiber and wireless networks, including accelerating deployment of fiber broadband, 5G home internet and satellite co...
Post a Comment
Read more