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Hegseth warns prediction market bets warp military judgment, endanger troops

Defense Secretary Pete Hegseth issued a memo warning military personnel against using nonpublic information to make bets on prediction markets, saying the wagers could give important clues to enemy countries.

"Do Not Compromise Military Operations for Personal Financial Gain," said the subject line of an October 20 memo published yesterday by CBS News. Hegseth's memo was sent to senior Pentagon leadership, Combatant Command leaders, and Defense Department field activity directors.

Hegseth wrote:

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Knicks sent employees fake offer of championship rings in phishing test: Report

The New York Knicks organization sent employees a phishing email promising free championship rings in a test of its staff's ability to detect scams, The New York Times reported yesterday. β€œCongratulations, your Employee Championship Ring is here,” the email sent in late September said, instructing employees to click a link to make a selection from two ring designs.

Madison Square Garden employees who clicked that link "were forced to attend a mandatory cybersecurity class to help satisfy some of [owner James] Dolan’s growing cybersecurity concerns," the report said, citing team sources. Dolan is the owner of the Knicks, the New York Rangers, and Madison Square Garden.

It's common for corporations to send phishing emails to find out which employees don't pay attention to clues that an email is a scam. A cybersecurity-test email often appears to be from the company itself but includes telltale signs of phishing. For example, Ars Technica owner CondΓ© Nast sends phishing-test messages from email addresses with a misspelled domain, "condenest.com."

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Comcast loses more customers, claims other ISPs' cheap prices are "irrational"

Comcast reportedly plans significant job cuts in its cable division as the firm continues to lose residential broadband and TV customers. Comcast lost 144,000 residential broadband customers in Q3 2026, up from a 91,000-customer loss in the same quarter a year ago, the company said in its earnings report today.

Comcast historically capitalized on a lack of competition for high-speed wired broadband. But now it faces stronger competition from fixed wireless providers and from fiber providers in parts of its cable territory.

"Fixed wireless remains aggressive and continues to take share, while fiber construction remains elevated, with pockets of irrational pricing and promotional activity," Comcast co-CEO Mike Cavanagh said today in an earnings call.

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