Thursday, June 4, 2009

In a New York press conference at 16:15 UTC, June 1st, Fritz Henderson, the Chief Executive Officer of General Motors, which filed for bankruptcy and Chapter 11 protection from its creditors earlier today, outlined a plan for what he called a “New GM”.

Speaking to the press under safe harbor provisions of U.S. law, Henderson described the events of today as a “defining moment” in the history of General Motors. Speaking to the public he said that “The GM that let you down is history,” and described a “New GM” that he expected to result from the bankruptcy process.

Henderson stated that he envisioned the bankruptcy process would take between 60 and 90 days. He stressed several times his view that the process would be one that is executed quickly, saying that not just a sense of urgency but “pure unadulterated speed” was his expectation of the process. He emphasized that “GM remains open for business” during the bankruptcy period, continuing to sell and to support its products, and that day one motions had been filed in the bankruptcy court in order to allow this.

Regarding the bankruptcy process he said, “We will do it right. And we will do it once.”

He stated that the plan for General Motors had the support of the United Auto Workers union, the Canadian Auto Workers union, the GM VEBA, and a majority of the unsecured bondholders of GM. He also mentioned that GM had already received €1.5 million in bridge financing from the German government.

In response to questions about the possibility of the United States federal government, a majority shareholder in the restructured company, dictating future product development and strategy, such as the sale of more fuel-efficient and green vehicles; he first observed that the federal government had already stated to him that it had “no real interest in running our business” and that he expected that still to be his job. Of the specific hypothetical scenario where the management of GM wants to make one type of car, because it thinks that it is the right thing for the business, and the U.S. government wants to make another type of car, he stated that “I don’t think it’s going to happen.” Expanding on that point he stated that he expected the “New GM” to focus upon “highly fuel-efficient and green technology”, and that operating both in accordance with U.S. environmental laws and in response to customer demand would naturally result in the New GM producing the types of vehicles that the U.S. government would encourage.

The “New GM” he also expected to focus on “four core brands”, and will size its dealership to match that. He stated that GM would offer a “deferred termination” package to dealers, to allow them to cease dealing in GM vehicles in a managed and gradual way.

He stated that the bankruptcy filings did not cover General Motors’ businesses in Latin America, Europe and the Middle East, and Asia and the Pacific. Of GM’s profitable ventures in China, specifically, he stated that they were “a critical part of the New GM”. In response to questions of whether the New GM would import cars from China to the U.S., he stated the formative company’s core principle that “We build where we sell” applied in both directions, with GM building in China to sell in China and building in the U.S. to sell in the U.S., stating that this shortened supply chains.

He declined to predict when the New GM would return to profitability, stating that the goal was rather to lower the break-even EBIT point for the company. He also declined to speculate upon when the U.S. government would sell its stake in the company, saying that that was a question “better addressed to the U.S. Treasury”, and merely saying that he expected it to be “years, not months” when the U.S. Treasury felt it would give “the right return for taxpayers.”

Tuesday, April 22, 2014

Coinciding with Easter Sunday, Glasgow Cannabis Social Club’s annual 420 event was held on Glasgow Green, under sunny blue skies, and overlooking the river Clyde. Despite the city’s council attempting to revoke permission for the gathering at the last minute, police were happy for it to go-ahead with approximately a dozen officers attending in high-visibility vests.

The Daily Record reported five arrests were made for minor offences, likely smoking and possession of small quantities of cannabis. Taking a less-sensational — and more accurate — line of reporting, the Monday edition of Glasgow’s Evening News stated five were referred to the Procurator Fiscal who is responsible for deciding if charges should be brought.

Official figures provided by the police were that 150 attended. With people coming and going, Wikinews reporters estimated upwards of 200 attended, compared to nearly 700 who had signed up for the event on Facebook. Hemp goods were advertised and on sale at the event, and some attendees were seen drinking cannabis-themed energy drinks.

“I was searched and charged under the Misuse of Drugs Act (which is a lot of bollocks)” one attendee noted online, adding “not fair to happen on a brilliant day like it was, other than that I had a great day!” A second said they were openly smoking and ignored by police, who “were only really focusing on people who looked particularly young”.

Cannabis seeds were openly and legally sold at the event and a hydroponics supplier brought a motortrike towing an advertising trailer. Actually growing cannabis is, however, illegal in the UK.

With the event openly advocating the legalisation of cannabis, speakers put their arguments for this to a receptive crowd. Retired police officer James Duffy, of Law Enforcement Against Prohibition, spoke of the failed United States alcohol prohibition policy; stressing such policies needlessly bring people into contact with criminal elements. Highlighting other countries where legalisation has been implemented, he pointed out such led to lower crime, and lower drug use overall.

One speaker, who produced a bottle of cannabis oil he had received through the post, asserted this cured his prostate cancer. Others highlighted the current use of Sativex by the National Health Service, with a cost in-excess of £150 for a single bottle of GW Pharmaceuticals patented spray — as-compared to the oil shown to the crowd, with a manufacturing cost of approximately £10.

Similar ‘420’ pro-cannabis events were held globally.

Monday, December 2, 2013

Police in the West Midlands in England today said nearly 200 kilograms worth of drugs with value possibly as great as £30 million (about US$49 million or €36 million) has been seized from a unit in the town of Brownhills. In what an officer described as “one of the largest [seizures] in the force’s 39 year history”, West Midlands Police reported recovering six big cellophane-wrapped cardboard boxes containing cannabis, cocaine, and MDMA (“ecstasy”) in a police raid operation on the Maybrook Industrial Estate in the town on Wednesday.

The seized boxes, which had been loaded onto five freight pallets, contained 120 one-kilogram bags of cannabis, 50 one-kilogram bags of MDMA, and five one-kilogram bricks of cocaine. In a press release, West Midlands Police described what happened after officers found the drugs as they were being unloaded in the operation. “When officers opened the boxes they discovered a deep layer of protective foam chips beneath which the drugs were carefully layered”, the force said. “All the drugs were wrapped in thick plastic bags taped closed with the cannabis vacuum packed to prevent its distinctive pungent aroma from drawing unwanted attention.” Police moved the drugs via forklift truck to a flatbed lorry to remove them.

Detective Sergeant Carl Russell of West Midlands Police’s Force CID said the seizure was the largest he had ever made in the 24 years he has been in West Midlands Police and one of the biggest seizures the force has made since its formation in 1974. “The impact this seizure will have on drug dealing in the region and the UK as a whole cannot be underestimated”, he said. “The drugs had almost certainly been packed to order ready for shipping within Britain but possibly even further afield. Our operation will have a national effect and we are working closely with a range of law enforcement agencies to identify those involved in this crime at whatever level.”

Expert testing on the drugs is ongoing. Estimates described as “conservative” suggest the value of the drugs amounts to £10 million (about US$16.4 million or €12 million), although they could be worth as much as £30 million, subject to purity tests, police said.

Police arrested three men at the unit on suspicion of supplying a controlled drug. The men, a 50-year-old from Brownhills, a 51-year-old from the Norton area of Stoke-on-Trent in Staffordshire, and one aged 53 from Brownhills, have been released on bail as police investigations to “hunt those responsible” continue. West Midlands Police told Wikinews no person has yet been charged in connection with the seizure. Supplying a controlled drug is an imprisonable offence in England, although length of jail sentences vary according to the class and quantity of drugs and the significance of offenders’ roles in committing the crime.

Monday, October 26, 2020

On Friday, code hosting and sharing website GitHub blocked the public access to youtube-dl, a software which can download videos from the internet via the command-line. The blockade came after GitHub received a Digital Millennium Copyright Act (DMCA) take-down notice from the Recording Industry Association of America (RIAA). After stripping the metadata from the notice, GitHub published the take-down notice on their site.

Initially started in July 2008 by Ricardo Garcia, youtube-dl is a script written in Python which can download videos from multiple websites including YouTube, LiveLeak and Vimeo. youtube-dl is a FLOSS software and is under public domain. Currently, the repository on GitHub is locked for viewers other than maintainers of the project.

RIAA’s DMCA notice alleged the script’s purpose of existence was to “circumvent the technological protection measures used by authorized streaming services such as YouTube” and “reproduce and distribute music videos and sound recordings owned by our member companies without authorization for such use”.

youtube-dl has multiple unit tests in its source code, which test whether the software works in different circumstances or not. Some of the tests include checking if the script can download Creative Commons licensed videos, videos which did not have square pixels, videos with no age restriction, “offensive to some audiences” per YouTube community and age-restricted videos. One of the tests included the URL of some copyrighted songs. Citing this test, RIAA’s take-down notice claimed “comments in the youtube-dl source code make clear that the source code was designed and is marketed for the purpose of circumventing YouTube’s technological measures”.

RIAA’s notice published by GitHub alleged violation of 17 U.S. Code § 1201 Circumvention of copyright protection systems which says “No person shall circumvent a technological measure that effectively controls access to a work protected under this title”. RIAA listed a number of forks of youtube-dl and requested GitHub via the notice they all be made inaccessible.

The notice did not list any incident of anyone using youtube-dl to download or share copyrighted material, nor mention any damages that actually occurred. Unremarked by the notice, YouTube allows videos to be licensed under a Creative Commons Attribution license. When a copyright holder chooses to release their work, be it a photograph, a video, or audio, under a Creative Commons Attribution (CC BY) license, they allow everyone to freely own, share or modify the work as long as the reusers properly attribute the author of the work. YouTube also hosts many audio and video recordings in the public domain which can be used for any purpose without any restrictions.

youtube-dl is used by thousands of people around the world. Multiple Creative Commons-licensed and public domain videos on Wikimedia Commons are uploaded via a tool called video2commons, which relies on youtube-dl to download media. youtube-dl also lets users download videos from LiveLeak — a video-sharing platform for citizen journalism. Videos downloaded using youtube-dl are also used for the purpose of fair use, or for evidence.

youtube-dl comes with a small JavaScript interpreter where it acts as a web-browser would behave while receiving video data from the server. The script has “extractors” for various websites to handle videos from different sources. Whenever something is displayed on the user’s screen, the device has a copy of that content. Web browsers “download” data while surfing the web, though most of it is not persistent on the device. It is possible to download copyrighted photos by using a web-browser. The way the world wide web works, there are no technological prevention measures to prevent recording and sharing of content such as RIAA talks about in the notice. Photos and texts can be downloaded by taking screenshots, videos by screen recording tools, and audio by recording on a tape if not an audio recording software.

Multiple users expressed their disappointment on Twitter and Internet Relay Chat. One of the users said “this is yet another example of why we should use git as it was intended, as a distributed network, rather than rely on one single proprietary server”. Git is decentralised version-tracking software which is used by a large number of software companies and projects. It is possible to host one’s own git server for software development. While Microsoft’s GitHub is a centralised git server, development of software using git does not require a GitHub account.

Soon after the public access to the repository was locked, multiple users started sharing the source code via self-hosted git servers, Tor sites and via the Torrent protocol leading to a Streisand effect. Streisand effect is when a measure to censor information causes further spread of that information. The binary files of the software are still available on its website for users to download. Some people came up with esoteric ways to share the source code, by converting the compressed code into photographs and providing shell commands to convert to the source code.

GitHub’s DMCA repository, where the takedown notice was published for public viewing, was subject to contant vandalism from multiple GitHub users. One user submitted a pull request, merging the source code of youtube-dl along with the DMCA repository. This enabled users to view youtube-dl’s source code from within the DMCA repository, provided they know the commit id.

The Electronic Frontier Foundation said on Twitter “Youtube-dl is a legitimate tool with a world of a lawful uses. Demanding its removal from Github is a disappointing and counterproductive move by the RIAA.” Richard Stallman, the founder of the Free Software Foundation, has been highly critical of DRM (digital rights management, the subject of the DMCA) for many years now.

Wikinews reached out to Sergey M?, one of the maintainers of youtube-dl script, however Sergey said he “won’t give any comments at this time”. Later, he shared an update on the IRC channel. Sergey said, “they require complete removal of so called YouTube’s rolling cipher implementation […] GitHub requires in order to reinstate the repo […] under this conditions I could reinstate it in Saturday/Sunday already but this is an unsatisfactory outcome”. He also said, “I can’t guarantee whether [or] not we will bend over them considering the situation with @phihag [Philipp Hagemeister] but we’ll see soon what we can do in order to keep the max we have and mitigate potential legal issues at the same time”.

EFF is yet to respond to Wikinews queries. Wikinews also reached out to Philipp Hagemeister, a former maintainer and contributor of the youtube-dl project to discuss this takedown.

When did you get to know about the takedown notice and what were your initial reactions?

((Philipp Hagemeister)) I saw the takedown notice along with anyone else, on reddit. Since I am no longer involved with the youtube-dl project (except for occasional contributions, my maintainership ended in 2016), I don’t know any details.

((RS)) Does YouTube implement DRM for videos not under Creative Commons license, and if so, how does youtube-dl bypass it? Could you please elaborate the procedure?

((Philipp Hagemeister)) YouTube implements DRM for YouTube Movies. youtube-dl does not support those.

YouTube has multiple non-DRM video delivery protocols. I’m not up to date about specifics; my last dabbling in this was in 2015.

One of these protocols is described here. YouTube uses JavaScript to compute parts of the URLs. youtube-dl executes this JavaScript, just like a web browser.

((WN)) Could you also explain in brief how youtube-dl functions, and how the maintainers had intended it to be used?

((Philipp Hagemeister)) youtube-dl downloads and plays videos and music, just like any other web browser, from over 1000 different services. Its uses are varied: It enables video playback on many devices (e.g. Raspberry Pi) where the video services don’t work properly, it makes high-quality video playable for people with a bad or no Internet connection, it enables disabled users to use tools to play videos, and it is used for archival and research.

((WN)) What do you think of the DMCA notice?

((Philipp Hagemeister)) I think it is not warranted because youtube-dl is entirely legal. As the DMCA notice has no effect for me personally, I’m not really the right person to address it.

((WN)) Why were the copyrighted tests in the source code? Could they be replaced?

((Philipp Hagemeister)) I’m not sure why, but my guess is that users requested support for these videos and thus they were added as test cases. They can be removed trivially, without losing any function of youtube-dl.

((WN)) Are you aware Electronic Frontier Foundation said it was a “disappointing and counterproductive move”? What do you think should be the next steps?

((Philipp Hagemeister)) Yes, and I concur. I’m no longer involved in the project. If I were, I would probably just remove the test cases, block these music videos (RIAA is not worth the trouble for me, that can be done by other projects), and get the project back online.I understand people who think differently.

Friday, December 12, 2008

Top broker and Wall Street adviser Bernard L. Madoff, aged 70, was arrested and charged by the FBI on Thursday with a single count of securities fraud, also known as stock fraud and investment fraud. He allegedly told senior employees of his firm on Wednesday that his $50 billion business “is all just one big lie” and that it was “basically, a giant Ponzi scheme (since at least 2005).” Mr. Madoff faces up to 20 years imprisonment and a fine of up to $5 million. FBI agent Theodore Cacioppi said Mr. Madoff’s investment advisory business had “deceived investors by operating a securities business in which he traded and lost investor money, and then paid certain investors purported returns on investment with the principal received from other, different investors, which resulted in investors’ losses of approximately $50 billion dollars.”

The former chairman of the Nasdaq Stock Market is also the founder and primary owner of Bernard L. Madoff Investment Securities LLC, the closely-held market-making firm he launched in 1960. The firm is one of the top market maker firms on Wall Street. He founded his family firm with an initial investment of $5,000, after attending Hofstra University Law School. He saved the money earned from a job lifeguarding at Rockaway Beach in Queens and a part time job installing underground sprinkler systems.

A force in Wall Street trading for nearly 50 years, he has been active in the National Association of Securities Dealers (NASD), a self-regulatory organization for the U.S. securities industry. His firm was one of the five most active firms in the development of the NASDAQ, having been known for “paying for order flow,” in other word paying a broker to execute a customer’s order through Madoff. He argued that the payment to the broker did not alter the price that the customer received. He ran the investment advisory as a secretive business, however.

Dan Horwitz, counsel of Mr. Madoff, in an interview, said that “he is a longstanding leader in the financial-services industry with an unblemished record; he is a person of integrity; he intends to fight to get through this unfortunate event.” Mr. Madoff was released on his own recognizance on the same day of his arrest, after his 2 sons turned him in, and posting $10 million bail secured by his Manhattan apartment. Without entering any plea, the Court set the preliminary hearing for January 12.

Madoff’s hedge fund scheme may rank among the biggest fraud in history. When former energy trading giant Enron filed for bankruptcy in 2001, one of the largest at the time, it had $63.4 billion in assets. The scheme would dwarf past Ponzis, and it would further be nearly five times the telecommunication company WorldCom fraud and bankruptcy proceedings in 2002.

The Securities and Exchange Commission filed a separate civil suit on Thursday against Bernard L. Madoff Investment Securities and its eponymous founder Mr. Madoff. It was docketed as “U.S. v. Madoff,” 08-MAG-02735, by the U.S. District Court for the Southern District of New York (Manhattan). SEC, New York associate director of enforcement, Andrew M. Calamari, asked the judge to issue seizure orders on the firm and its assets, and appoint a receiver. The SEC pleads, among others, that “it was an ongoing $50 billion swindle; our complaint alleges a stunning fraud that appears to be of epic proportions.” It further accused the defendant of “paying returns to certain investors out of the principal received from other, different investors” for years. Madoff’s hedge fund business had previously claimed to have served between 11 and 25 clients and had $17.1 billion in assets under management. But virtually all of the assets were missing.

United States District Court for the Southern District of New York Louis L. Stanton on Thursday appointed Lee Richards, a Manhattan lawyer, as the firm’s receiver. A hearing is set for Friday, for a ruling on the SEC’s petition to grant plenary powers to the receiver over the entire firm, and an absolute asset sequestration.

Doug Kass, president of hedge fund Seabreeze Partners Management said that “this is a major blow to confidence that is already shattered — anyone on the fence will probably try to take their money out.”

Tuesday, July 17, 2007

Pittsburgh, Pennsylvania — Local caterers get ready for big business, as almost three thousand fans converge on the David L. Lawrence Convention Center over the Independence Day weekend for the world’s largest ever furry convention, Anthrocon 2007.

Many hope to renew acquaintances, or meet new friends. Others look to buy from dealers and artists, or show off new artwork or costumes. Some attend to make money, or even learn a thing or two. But one thing unites them: They’re all there to have fun.