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OpenAI is reportedly trying to raise 0B at an 0B valuation | TechCrunch

OpenAI is reportedly trying to raise $100B at an $830B valuation | TechCrunch

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OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, the Wall Street Journal reported Thursday, citing anonymous sources.

The company is aiming to raise the funding by the end of the calendar first quarter next year, and it may ask sovereign wealth funds to invest in the round, the WSJ reported. The Information first reported news of the deal, though it said the fundraise would land OpenAI a $750 billion price tag.

The funding would come as OpenAI commits to spend trillions of dollars and strikes deals around the world as the company tries to stay ahead in the race to develop AI technology. The cash injection would also help the company with its spending on inferencing, which seems to be funded more by cash than cloud credits, suggesting the company’s compute costs have grown beyond what partnerships and credits can subsidize.

And, as competition intensifies from rivals like Anthropic and Google, OpenAI has had to step on the gas to release new models and expand its presence in the developer and tooling ecosystem.

Meanwhile, broader sentiment around AI has recently cooled as investors start doubting whether the pace of debt-fueled investment by giants like Amazon, Microsoft, Oracle, and OpenAI itself can be maintained in the long run. It also doesn’t help that the production of chips is being constrained by shortages in the supply of memory chips, which threatens to affect the broader tech sector.

OpenAI has also been rumored to be working on an IPO as a way to raise tens of billions and fund its development efforts, which are currently said to be generating annual run-rate revenue of about $20 billion. There are also rumors that the company is courting Amazon for a $10 billion investment that would also give the AI lab access to the tech giant’s new AI computing chips.

If the fundraise happens, it would add a substantial amount to OpenAI’s coffers, which currently have more than $64 billion, according to PitchBook data. The company was most recently valued at about $500 billion in a secondary transaction.

OpenAI did not immediately return a request for comment.

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reports, Vivo has started preparations for launching its S series phones back in India with the release of the Vivo S2 smartphone. While Vivo hasn’t officially confirmed a release date, some reports indicate the phone could launch on August 6th, with sales expected to begin on August 11. This would mark the revival of the S series of phones in India following the debut of the Vivo S1 phone back in 2019. Reports have also given an early look at its design while revealing details about its expected specifications, color options, and launch plans.

Expected Specifications and Camera Features

Leaks suggest the Vivo S2 will feature an OLED display with a refresh rate of up to 120Hz. The phone may use the MediaTek Dimensity 7360 chipset, built on a 4nm process. Reports also suggest the phone will come in 8GB + 128GB and 8GB + 256GB variants. On the camera front, the Vivo S2 is tipped to include a 50MP Sony main sensor. Some information also suggests that the phone would be capable of recording videos in 4K quality through both front and rear cameras.

According to some recent leaks, the Vivo S2 would come with a sleek design. It would have a 3D curved display with narrow borders and a punch-hole selfie camera at the center of the device. On the back side, there would be a camera module in the shape of a pill with two big rings and an LED flash. Unlike many smartphones, the camera module matches the rear panel color for a more seamless finish. Vivo could offer the phone in Sapphire Blue, Regal Bronze, and Silk White. Its design closely resembles the Vivo X300 FE. Vivo has not shared any battery details yet. However, one report suggests the Vivo S2 may pack a 7,000mAh battery. This information is still based on leaks and awaits official confirmation.

Expected Price of Vivo S2

The Vivo S2 could target India’s premium mid-range smartphone market. It might cost anywhere between ₹40,000 and ₹50,000, though Vivo has not yet officially announced its pricing. Some leaks also reveal internal listing prices, but they may differ from the final retail price. On launch, the Vivo S2 will challenge the OnePlus Nord 6 and the Motorola Edge 70 Pro smartphones. It will also take on the Realme 16 Pro series and Vivo V70 FE.

#Vivo #India #Launch #Tipped #August #Design #Key #Specs #LeakedVivo">Vivo S2 India Launch Tipped for August 6: Design and Key Specs Leaked According to reports, Vivo has started preparations for launching its S series phones back in India with the release of the Vivo S2 smartphone. While Vivo hasn’t officially confirmed a release date, some reports indicate the phone could launch on August 6th, with sales expected to begin on August 11. This would mark the revival of the S series of phones in India following the debut of the Vivo S1 phone back in 2019. Reports have also given an early look at its design while revealing details about its expected specifications, color options, and launch plans. Expected Specifications and Camera Features Leaks suggest the Vivo S2 will feature an OLED display with a refresh rate of up to 120Hz. The phone may use the MediaTek Dimensity 7360 chipset, built on a 4nm process. Reports also suggest the phone will come in 8GB + 128GB and 8GB + 256GB variants. On the camera front, the Vivo S2 is tipped to include a 50MP Sony main sensor. Some information also suggests that the phone would be capable of recording videos in 4K quality through both front and rear cameras. According to some recent leaks, the Vivo S2 would come with a sleek design. It would have a 3D curved display with narrow borders and a punch-hole selfie camera at the center of the device. On the back side, there would be a camera module in the shape of a pill with two big rings and an LED flash. Unlike many smartphones, the camera module matches the rear panel color for a more seamless finish. Vivo could offer the phone in Sapphire Blue, Regal Bronze, and Silk White. Its design closely resembles the Vivo X300 FE. Vivo has not shared any battery details yet. However, one report suggests the Vivo S2 may pack a 7,000mAh battery. This information is still based on leaks and awaits official confirmation. Expected Price of Vivo S2 The Vivo S2 could target India’s premium mid-range smartphone market. It might cost anywhere between ₹40,000 and ₹50,000, though Vivo has not yet officially announced its pricing. Some leaks also reveal internal listing prices, but they may differ from the final retail price. On launch, the Vivo S2 will challenge the OnePlus Nord 6 and the Motorola Edge 70 Pro smartphones. It will also take on the Realme 16 Pro series and Vivo V70 FE. #Vivo #India #Launch #Tipped #August #Design #Key #Specs #LeakedVivo

, Vivo has started preparations for launching its S series phones back in India with the release of the Vivo S2 smartphone. While Vivo hasn’t officially confirmed a release date, some reports indicate the phone could launch on August 6th, with sales expected to begin on August 11. This would mark the revival of the S series of phones in India following the debut of the Vivo S1 phone back in 2019. Reports have also given an early look at its design while revealing details about its expected specifications, color options, and launch plans.

Expected Specifications and Camera Features

Leaks suggest the Vivo S2 will feature an OLED display with a refresh rate of up to 120Hz. The phone may use the MediaTek Dimensity 7360 chipset, built on a 4nm process. Reports also suggest the phone will come in 8GB + 128GB and 8GB + 256GB variants. On the camera front, the Vivo S2 is tipped to include a 50MP Sony main sensor. Some information also suggests that the phone would be capable of recording videos in 4K quality through both front and rear cameras.

According to some recent leaks, the Vivo S2 would come with a sleek design. It would have a 3D curved display with narrow borders and a punch-hole selfie camera at the center of the device. On the back side, there would be a camera module in the shape of a pill with two big rings and an LED flash. Unlike many smartphones, the camera module matches the rear panel color for a more seamless finish. Vivo could offer the phone in Sapphire Blue, Regal Bronze, and Silk White. Its design closely resembles the Vivo X300 FE. Vivo has not shared any battery details yet. However, one report suggests the Vivo S2 may pack a 7,000mAh battery. This information is still based on leaks and awaits official confirmation.

Expected Price of Vivo S2

The Vivo S2 could target India’s premium mid-range smartphone market. It might cost anywhere between ₹40,000 and ₹50,000, though Vivo has not yet officially announced its pricing. Some leaks also reveal internal listing prices, but they may differ from the final retail price. On launch, the Vivo S2 will challenge the OnePlus Nord 6 and the Motorola Edge 70 Pro smartphones. It will also take on the Realme 16 Pro series and Vivo V70 FE.

#Vivo #India #Launch #Tipped #August #Design #Key #Specs #LeakedVivo">Vivo S2 India Launch Tipped for August 6: Design and Key Specs Leaked

According to reports, Vivo has started preparations for launching its S series phones back in India with the release of the Vivo S2 smartphone. While Vivo hasn’t officially confirmed a release date, some reports indicate the phone could launch on August 6th, with sales expected to begin on August 11. This would mark the revival of the S series of phones in India following the debut of the Vivo S1 phone back in 2019. Reports have also given an early look at its design while revealing details about its expected specifications, color options, and launch plans.

Expected Specifications and Camera Features

Leaks suggest the Vivo S2 will feature an OLED display with a refresh rate of up to 120Hz. The phone may use the MediaTek Dimensity 7360 chipset, built on a 4nm process. Reports also suggest the phone will come in 8GB + 128GB and 8GB + 256GB variants. On the camera front, the Vivo S2 is tipped to include a 50MP Sony main sensor. Some information also suggests that the phone would be capable of recording videos in 4K quality through both front and rear cameras.

According to some recent leaks, the Vivo S2 would come with a sleek design. It would have a 3D curved display with narrow borders and a punch-hole selfie camera at the center of the device. On the back side, there would be a camera module in the shape of a pill with two big rings and an LED flash. Unlike many smartphones, the camera module matches the rear panel color for a more seamless finish. Vivo could offer the phone in Sapphire Blue, Regal Bronze, and Silk White. Its design closely resembles the Vivo X300 FE. Vivo has not shared any battery details yet. However, one report suggests the Vivo S2 may pack a 7,000mAh battery. This information is still based on leaks and awaits official confirmation.

Expected Price of Vivo S2

The Vivo S2 could target India’s premium mid-range smartphone market. It might cost anywhere between ₹40,000 and ₹50,000, though Vivo has not yet officially announced its pricing. Some leaks also reveal internal listing prices, but they may differ from the final retail price. On launch, the Vivo S2 will challenge the OnePlus Nord 6 and the Motorola Edge 70 Pro smartphones. It will also take on the Realme 16 Pro series and Vivo V70 FE.

#Vivo #India #Launch #Tipped #August #Design #Key #Specs #LeakedVivo

Before Denis Villeneuve came aboard as the next James Bond movie director, another intriguing project was sitting in his potential “to-do” pile: an adaptation of Nuclear War: A Scenario, Annie Jacobsen‘s 2024 book that uses extensive interviews and research to examine, minute by minute, what would happen if nuclear war broke out. Her latest book sounds very much in that same vein; it’s titled Biological War: A Scenario, and though it’s just been released today, it’s already been scooped up for adaptation.

Variety reports that Patrick Macmanus (the creator of Peacock’s Devil in Disguise: John Wayne Gacy) secured the rights to a television adaptation for his production company; he and Jacobsen will co-create and serve as executive producers on Biological War.

The book takes a close look at the seconds, minutes, hours, and days after the release of a microscopic agent that could bring down civilization if it’s allowed to spread across the globe. And it’s a weapon, not unlike The Stand‘s Captain Trips, so presumably the show will include a heavy government-military aspect to things as well.

“What begins with a routine day leads to the end of the world six days later,” Macmamus told Variety. “But it isn’t ultimately a nihilistic show. Yes. There’s the dark excitement and exploration of the apocalypse. But there’s a parallel story of the instinct to protect and rebuild. A celebration of community and family. The wish-fulfillment of starting the human experiment over again in the hopes of getting it right this time around.”

The Variety piece mentions the potential Villeneuve adaptation of Nuclear War, so maybe we’ll get to see that on screens eventually too. So far, there’s no streamer or network locked in for Biological War, but the trade writes “the television adaptation will be taken out to buyers in the upcoming weeks.”

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

#Annie #Jacobsens #Biological #War #ComingAnnie Jacobsen,Biological War">Annie Jacobsen’s ‘Biological War’ Is Coming to TV Before Denis Villeneuve came aboard as the next James Bond movie director, another intriguing project was sitting in his potential “to-do” pile: an adaptation of Nuclear War: A Scenario, Annie Jacobsen‘s 2024 book that uses extensive interviews and research to examine, minute by minute, what would happen if nuclear war broke out. Her latest book sounds very much in that same vein; it’s titled Biological War: A Scenario, and though it’s just been released today, it’s already been scooped up for adaptation. Variety reports that Patrick Macmanus (the creator of Peacock’s Devil in Disguise: John Wayne Gacy) secured the rights to a television adaptation for his production company; he and Jacobsen will co-create and serve as executive producers on Biological War. The book takes a close look at the seconds, minutes, hours, and days after the release of a microscopic agent that could bring down civilization if it’s allowed to spread across the globe. And it’s a weapon, not unlike The Stand‘s Captain Trips, so presumably the show will include a heavy government-military aspect to things as well. “What begins with a routine day leads to the end of the world six days later,” Macmamus told Variety. “But it isn’t ultimately a nihilistic show. Yes. There’s the dark excitement and exploration of the apocalypse. But there’s a parallel story of the instinct to protect and rebuild. A celebration of community and family. The wish-fulfillment of starting the human experiment over again in the hopes of getting it right this time around.” The Variety piece mentions the potential Villeneuve adaptation of Nuclear War, so maybe we’ll get to see that on screens eventually too. So far, there’s no streamer or network locked in for Biological War, but the trade writes “the television adaptation will be taken out to buyers in the upcoming weeks.” Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #Annie #Jacobsens #Biological #War #ComingAnnie Jacobsen,Biological War

came aboard as the next James Bond movie director, another intriguing project was sitting in his potential “to-do” pile: an adaptation of Nuclear War: A Scenario, Annie Jacobsen‘s 2024 book that uses extensive interviews and research to examine, minute by minute, what would happen if nuclear war broke out. Her latest book sounds very much in that same vein; it’s titled Biological War: A Scenario, and though it’s just been released today, it’s already been scooped up for adaptation.

Variety reports that Patrick Macmanus (the creator of Peacock’s Devil in Disguise: John Wayne Gacy) secured the rights to a television adaptation for his production company; he and Jacobsen will co-create and serve as executive producers on Biological War.

The book takes a close look at the seconds, minutes, hours, and days after the release of a microscopic agent that could bring down civilization if it’s allowed to spread across the globe. And it’s a weapon, not unlike The Stand‘s Captain Trips, so presumably the show will include a heavy government-military aspect to things as well.

“What begins with a routine day leads to the end of the world six days later,” Macmamus told Variety. “But it isn’t ultimately a nihilistic show. Yes. There’s the dark excitement and exploration of the apocalypse. But there’s a parallel story of the instinct to protect and rebuild. A celebration of community and family. The wish-fulfillment of starting the human experiment over again in the hopes of getting it right this time around.”

The Variety piece mentions the potential Villeneuve adaptation of Nuclear War, so maybe we’ll get to see that on screens eventually too. So far, there’s no streamer or network locked in for Biological War, but the trade writes “the television adaptation will be taken out to buyers in the upcoming weeks.”

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

#Annie #Jacobsens #Biological #War #ComingAnnie Jacobsen,Biological War">Annie Jacobsen’s ‘Biological War’ Is Coming to TVAnnie Jacobsen’s ‘Biological War’ Is Coming to TV Before Denis Villeneuve came aboard as the next James Bond movie director, another intriguing project was sitting in his potential “to-do” pile: an adaptation of Nuclear War: A Scenario, Annie Jacobsen‘s 2024 book that uses extensive interviews and research to examine, minute by minute, what would happen if nuclear war broke out. Her latest book sounds very much in that same vein; it’s titled Biological War: A Scenario, and though it’s just been released today, it’s already been scooped up for adaptation. Variety reports that Patrick Macmanus (the creator of Peacock’s Devil in Disguise: John Wayne Gacy) secured the rights to a television adaptation for his production company; he and Jacobsen will co-create and serve as executive producers on Biological War. The book takes a close look at the seconds, minutes, hours, and days after the release of a microscopic agent that could bring down civilization if it’s allowed to spread across the globe. And it’s a weapon, not unlike The Stand‘s Captain Trips, so presumably the show will include a heavy government-military aspect to things as well. “What begins with a routine day leads to the end of the world six days later,” Macmamus told Variety. “But it isn’t ultimately a nihilistic show. Yes. There’s the dark excitement and exploration of the apocalypse. But there’s a parallel story of the instinct to protect and rebuild. A celebration of community and family. The wish-fulfillment of starting the human experiment over again in the hopes of getting it right this time around.” The Variety piece mentions the potential Villeneuve adaptation of Nuclear War, so maybe we’ll get to see that on screens eventually too. So far, there’s no streamer or network locked in for Biological War, but the trade writes “the television adaptation will be taken out to buyers in the upcoming weeks.” Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #Annie #Jacobsens #Biological #War #ComingAnnie Jacobsen,Biological War

Before Denis Villeneuve came aboard as the next James Bond movie director, another intriguing project was sitting in his potential “to-do” pile: an adaptation of Nuclear War: A Scenario, Annie Jacobsen‘s 2024 book that uses extensive interviews and research to examine, minute by minute, what would happen if nuclear war broke out. Her latest book sounds very much in that same vein; it’s titled Biological War: A Scenario, and though it’s just been released today, it’s already been scooped up for adaptation.

Variety reports that Patrick Macmanus (the creator of Peacock’s Devil in Disguise: John Wayne Gacy) secured the rights to a television adaptation for his production company; he and Jacobsen will co-create and serve as executive producers on Biological War.

The book takes a close look at the seconds, minutes, hours, and days after the release of a microscopic agent that could bring down civilization if it’s allowed to spread across the globe. And it’s a weapon, not unlike The Stand‘s Captain Trips, so presumably the show will include a heavy government-military aspect to things as well.

“What begins with a routine day leads to the end of the world six days later,” Macmamus told Variety. “But it isn’t ultimately a nihilistic show. Yes. There’s the dark excitement and exploration of the apocalypse. But there’s a parallel story of the instinct to protect and rebuild. A celebration of community and family. The wish-fulfillment of starting the human experiment over again in the hopes of getting it right this time around.”

The Variety piece mentions the potential Villeneuve adaptation of Nuclear War, so maybe we’ll get to see that on screens eventually too. So far, there’s no streamer or network locked in for Biological War, but the trade writes “the television adaptation will be taken out to buyers in the upcoming weeks.”

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

#Annie #Jacobsens #Biological #War #ComingAnnie Jacobsen,Biological War

perhaps the most disturbing harassment campaign ever led by a giant tech company against its critics.

Back in 2020, six former eBay employees and one contractor were charged with participating in a horrifying campaign—featuring doxxing, threats, and deliveries of live pests—against David and Ina Steiner, the husband-and-wife founders of the Massachusetts-based news site EcommerceBytes. The Steiners wrote about eBay regularly, and often not in a flattering light. In 2021, the couple filed a civil suit; EBay later agreed to pay a $3 million criminal penalty to the US Attorney’s Office in the District of Massachusetts.

Now the civil litigation case just reached a final settlement. The Steiners will receive more than $46.15 million from eBay, $2 million from Wenig, $500,000 from former eBay executive Wendy Jones, and $50,000 from former eBay executive Steve Wymer.

EBay is also giving $6 million to charity, with an additional $1 million from Wenig going to a nonprofit that protects First Amendment rights. The company is required to issue a strongly worded statement condemning the actions of the former employees who were involved.

Notably, the settlement contains no confidentiality provision, which means the Steiners can continue to speak out about the case.

“From day one, that was a dealbreaker,” says Chris Murphy, an attorney for the Steiners at the personal injury firm Scalli Murphy Law in Everett, Massachusetts. “As journalists, and as victims, the Steiners were very clear that they wanted everyone to see and understand what eBay did to them. And from day one, they were ready to go to trial over it.”

“It’s a relief in some sense that we have some finality,” David Steiner said in an interview with WIRED. “But I think that it’s going to take a while to really see what this means in the bigger context of a settlement, versus having gone to trial. We were really adamant that this type of behavior by a Fortune 500 corporation didn’t go unchecked.”

Ina Steiner underscored that the couple ultimately pursued a civil suit because they wanted to better understand the kind of culture that precipitated this harassment campaign—and that in filing the civil suit, they gained access to 68,000 documents they would not have otherwise seen. “We were often in the dark during the federal investigation, and we were told very little as victims,” she said.

Spokespersons for eBay referred WIRED to a statement published online, in which the company extended its “deepest apologies” to the Steiners, condemned the employees who “perpetrated and pled guilty to criminal charges for the misconduct against Ina and David Steiner,” and acknowledged “the unprofessional tone in internal communications demonstrated, to different degrees and number, by Mr. Wenig, Mr. Wymer, and Ms. Jones.” The company emphasized that new leadership is now in charge, and that the incidents from 2019 are “not representative of eBay’s culture or thousands of employees around the world today.”

According to the initial criminal complaints, the harassment campaign led by eBay executives and contractors unfolded over a period of two months in the summer 2019. It began with anonymous, threatening Twitter DMs to the Steiners, then quickly escalated to deliveries to the couple’s home. These deliveries included a bloody pig mask, pornography, a package of fly larvae and live spiders, and another package containing live cockroaches. Other deliveries were themed around death, including a copy of a book on grieving a spouse and a funeral wreath from a local florist. All throughout, the anonymous Twitter account continued to send harassing messages. As text messages would later reveal in court documents, those DMs and deliveries were concocted and sent by the defendants.

#Ebay #Pay #Million #Settlement #Unhinged #Harassment #Campaignebay,harassment,crime,surveillance">Ebay Has to Pay .7 Million in Settlement for Its Unhinged Harassment CampaignA civil litigation case against eBay, filed by the founders of a Massachusetts-based news site that covers ecommerce, has just been settled. The gist of it: The company and former execs have to own up to—and pay up for—perhaps the most disturbing harassment campaign ever led by a giant tech company against its critics.Back in 2020, six former eBay employees and one contractor were charged with participating in a horrifying campaign—featuring doxxing, threats, and deliveries of live pests—against David and Ina Steiner, the husband-and-wife founders of the Massachusetts-based news site EcommerceBytes. The Steiners wrote about eBay regularly, and often not in a flattering light. In 2021, the couple filed a civil suit; EBay later agreed to pay a million criminal penalty to the US Attorney’s Office in the District of Massachusetts.Now the civil litigation case just reached a final settlement. The Steiners will receive more than .15 million from eBay, million from Wenig, 0,000 from former eBay executive Wendy Jones, and ,000 from former eBay executive Steve Wymer.EBay is also giving million to charity, with an additional million from Wenig going to a nonprofit that protects First Amendment rights. The company is required to issue a strongly worded statement condemning the actions of the former employees who were involved.Notably, the settlement contains no confidentiality provision, which means the Steiners can continue to speak out about the case.“From day one, that was a dealbreaker,” says Chris Murphy, an attorney for the Steiners at the personal injury firm Scalli Murphy Law in Everett, Massachusetts. “As journalists, and as victims, the Steiners were very clear that they wanted everyone to see and understand what eBay did to them. And from day one, they were ready to go to trial over it.”“It’s a relief in some sense that we have some finality,” David Steiner said in an interview with WIRED. “But I think that it’s going to take a while to really see what this means in the bigger context of a settlement, versus having gone to trial. We were really adamant that this type of behavior by a Fortune 500 corporation didn’t go unchecked.”Ina Steiner underscored that the couple ultimately pursued a civil suit because they wanted to better understand the kind of culture that precipitated this harassment campaign—and that in filing the civil suit, they gained access to 68,000 documents they would not have otherwise seen. “We were often in the dark during the federal investigation, and we were told very little as victims,” she said.Spokespersons for eBay referred WIRED to a statement published online, in which the company extended its “deepest apologies” to the Steiners, condemned the employees who “perpetrated and pled guilty to criminal charges for the misconduct against Ina and David Steiner,” and acknowledged “the unprofessional tone in internal communications demonstrated, to different degrees and number, by Mr. Wenig, Mr. Wymer, and Ms. Jones.” The company emphasized that new leadership is now in charge, and that the incidents from 2019 are “not representative of eBay’s culture or thousands of employees around the world today.”According to the initial criminal complaints, the harassment campaign led by eBay executives and contractors unfolded over a period of two months in the summer 2019. It began with anonymous, threatening Twitter DMs to the Steiners, then quickly escalated to deliveries to the couple’s home. These deliveries included a bloody pig mask, pornography, a package of fly larvae and live spiders, and another package containing live cockroaches. Other deliveries were themed around death, including a copy of a book on grieving a spouse and a funeral wreath from a local florist. All throughout, the anonymous Twitter account continued to send harassing messages. As text messages would later reveal in court documents, those DMs and deliveries were concocted and sent by the defendants.#Ebay #Pay #Million #Settlement #Unhinged #Harassment #Campaignebay,harassment,crime,surveillance

ever led by a giant tech company against its critics.

Back in 2020, six former eBay employees and one contractor were charged with participating in a horrifying campaign—featuring doxxing, threats, and deliveries of live pests—against David and Ina Steiner, the husband-and-wife founders of the Massachusetts-based news site EcommerceBytes. The Steiners wrote about eBay regularly, and often not in a flattering light. In 2021, the couple filed a civil suit; EBay later agreed to pay a $3 million criminal penalty to the US Attorney’s Office in the District of Massachusetts.

Now the civil litigation case just reached a final settlement. The Steiners will receive more than $46.15 million from eBay, $2 million from Wenig, $500,000 from former eBay executive Wendy Jones, and $50,000 from former eBay executive Steve Wymer.

EBay is also giving $6 million to charity, with an additional $1 million from Wenig going to a nonprofit that protects First Amendment rights. The company is required to issue a strongly worded statement condemning the actions of the former employees who were involved.

Notably, the settlement contains no confidentiality provision, which means the Steiners can continue to speak out about the case.

“From day one, that was a dealbreaker,” says Chris Murphy, an attorney for the Steiners at the personal injury firm Scalli Murphy Law in Everett, Massachusetts. “As journalists, and as victims, the Steiners were very clear that they wanted everyone to see and understand what eBay did to them. And from day one, they were ready to go to trial over it.”

“It’s a relief in some sense that we have some finality,” David Steiner said in an interview with WIRED. “But I think that it’s going to take a while to really see what this means in the bigger context of a settlement, versus having gone to trial. We were really adamant that this type of behavior by a Fortune 500 corporation didn’t go unchecked.”

Ina Steiner underscored that the couple ultimately pursued a civil suit because they wanted to better understand the kind of culture that precipitated this harassment campaign—and that in filing the civil suit, they gained access to 68,000 documents they would not have otherwise seen. “We were often in the dark during the federal investigation, and we were told very little as victims,” she said.

Spokespersons for eBay referred WIRED to a statement published online, in which the company extended its “deepest apologies” to the Steiners, condemned the employees who “perpetrated and pled guilty to criminal charges for the misconduct against Ina and David Steiner,” and acknowledged “the unprofessional tone in internal communications demonstrated, to different degrees and number, by Mr. Wenig, Mr. Wymer, and Ms. Jones.” The company emphasized that new leadership is now in charge, and that the incidents from 2019 are “not representative of eBay’s culture or thousands of employees around the world today.”

According to the initial criminal complaints, the harassment campaign led by eBay executives and contractors unfolded over a period of two months in the summer 2019. It began with anonymous, threatening Twitter DMs to the Steiners, then quickly escalated to deliveries to the couple’s home. These deliveries included a bloody pig mask, pornography, a package of fly larvae and live spiders, and another package containing live cockroaches. Other deliveries were themed around death, including a copy of a book on grieving a spouse and a funeral wreath from a local florist. All throughout, the anonymous Twitter account continued to send harassing messages. As text messages would later reveal in court documents, those DMs and deliveries were concocted and sent by the defendants.

#Ebay #Pay #Million #Settlement #Unhinged #Harassment #Campaignebay,harassment,crime,surveillance">Ebay Has to Pay $55.7 Million in Settlement for Its Unhinged Harassment Campaign

A civil litigation case against eBay, filed by the founders of a Massachusetts-based news site that covers ecommerce, has just been settled. The gist of it: The company and former execs have to own up to—and pay up for—perhaps the most disturbing harassment campaign ever led by a giant tech company against its critics.

Back in 2020, six former eBay employees and one contractor were charged with participating in a horrifying campaign—featuring doxxing, threats, and deliveries of live pests—against David and Ina Steiner, the husband-and-wife founders of the Massachusetts-based news site EcommerceBytes. The Steiners wrote about eBay regularly, and often not in a flattering light. In 2021, the couple filed a civil suit; EBay later agreed to pay a $3 million criminal penalty to the US Attorney’s Office in the District of Massachusetts.

Now the civil litigation case just reached a final settlement. The Steiners will receive more than $46.15 million from eBay, $2 million from Wenig, $500,000 from former eBay executive Wendy Jones, and $50,000 from former eBay executive Steve Wymer.

EBay is also giving $6 million to charity, with an additional $1 million from Wenig going to a nonprofit that protects First Amendment rights. The company is required to issue a strongly worded statement condemning the actions of the former employees who were involved.

Notably, the settlement contains no confidentiality provision, which means the Steiners can continue to speak out about the case.

“From day one, that was a dealbreaker,” says Chris Murphy, an attorney for the Steiners at the personal injury firm Scalli Murphy Law in Everett, Massachusetts. “As journalists, and as victims, the Steiners were very clear that they wanted everyone to see and understand what eBay did to them. And from day one, they were ready to go to trial over it.”

“It’s a relief in some sense that we have some finality,” David Steiner said in an interview with WIRED. “But I think that it’s going to take a while to really see what this means in the bigger context of a settlement, versus having gone to trial. We were really adamant that this type of behavior by a Fortune 500 corporation didn’t go unchecked.”

Ina Steiner underscored that the couple ultimately pursued a civil suit because they wanted to better understand the kind of culture that precipitated this harassment campaign—and that in filing the civil suit, they gained access to 68,000 documents they would not have otherwise seen. “We were often in the dark during the federal investigation, and we were told very little as victims,” she said.

Spokespersons for eBay referred WIRED to a statement published online, in which the company extended its “deepest apologies” to the Steiners, condemned the employees who “perpetrated and pled guilty to criminal charges for the misconduct against Ina and David Steiner,” and acknowledged “the unprofessional tone in internal communications demonstrated, to different degrees and number, by Mr. Wenig, Mr. Wymer, and Ms. Jones.” The company emphasized that new leadership is now in charge, and that the incidents from 2019 are “not representative of eBay’s culture or thousands of employees around the world today.”

According to the initial criminal complaints, the harassment campaign led by eBay executives and contractors unfolded over a period of two months in the summer 2019. It began with anonymous, threatening Twitter DMs to the Steiners, then quickly escalated to deliveries to the couple’s home. These deliveries included a bloody pig mask, pornography, a package of fly larvae and live spiders, and another package containing live cockroaches. Other deliveries were themed around death, including a copy of a book on grieving a spouse and a funeral wreath from a local florist. All throughout, the anonymous Twitter account continued to send harassing messages. As text messages would later reveal in court documents, those DMs and deliveries were concocted and sent by the defendants.

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