Was Showtime the latest Hollywood juggernaut to get hacked?
It looks like that’s the case, after Showtime.com and its instant-streaming site ShowtimeAnytime.com leveraged browsers to “mine” for Monero coins — a Bitcoin knockoff — over the week. (Mining is a method of verifying cryptocurrency transactions, where miners are given a small amount of cryptocurrency for helping to log all transactions on its digital ledger.) The mining code — first spotted by U.K. tech site The Register — can take up more than 50 percent of a computer’s processor.
Mining for cyrptocurrency can add up, with a single Monero coin trading for about $90 on Monday. The code was created by Coin Hive, which runs on JavaScript; it used browsers to mine for Monero and transfer the currency back to site administrators. The Coin Hive code popped up over the weekend, before being pulled on Monday.
But who was making off with the Monero dinero is a head scratcher. The likelihood Showtime was using its users’ browsers to run a secret cryptocurrency mining business — on a platform they pay to watch, no less — is between slim and none. The chances are also low it was inserted by New Relic, the web analytics company behind Showtime’s sites.
Showtime declined to comment to TheWrap on how many users the code impacted and if a culprit had been pinpointed. New Relic and Coin Hive did not immediately return TheWrap’s request for comment.
If the mining was the work of hackers, Showtime wouldn’t be alone in 2017. HBO battled pirates leaking “Game of Thrones” and “Curb Your Enthusiasm” episodes this summer. Netflix was also hit, with hackers sharing the entire season of “Orange Is the New Black” a month before its release.
This is also the second time Coin Hive has been in the news this month; Notorious torrent platform The Pirate Bay was testing out Coin Hive to mine Monero when users came to its site. In a blog post explaining the move, TPB said the software was a replacement for ads: “We really want to get rid of all the ads. But we also need enough money to keep the site running.”
6 Tech Giants Shaking Up News, From Jeff Bezos to Laurene Powell Jobs (Photos)
Tech leaders are increasingly intertwined with the news business. While some want to support old properties, one set out to destroy a new one. Here they are.
Jeff Bezos – Washington Post
The Amazon founder purchased the Washington Post in 2013 for $250 million in cash. President Trump has called the paper the “Amazon Washington Post.”
The Facebook co-founder purchased The New Republic in 2012, becoming executive chairman and publisher. However, he sold the venerable political magazine to Win McCormack in 2016, saying he "underestimated the difficulty of transitioning an old and traditional institution into a digital media company in today’s quickly evolving climate."
The eBay founder is a well-known philanthropist who created First Look Media, a journalism venture behind The Intercept. Inspired by Edward Snowden's leaks. Omidyar teamed up with journalists Glenn Greenwald, Jeremy Scahill and Laura Poitras to launch the website “dedicated to the kind of reporting those disclosures required: fearless, adversarial journalism.”
The PayPal co-founder doesn’t own a news organization, but he makes this list because he essentially ended one -- Gawker -- proving once again the power of an angry billionaire. Thiel secretly bankrolled Hulk Hogan’s sex-tape lawsuit against Gawker Media because he was upset that the website once outed him as gay. Hogan won the defamation lawsuit against the site that sent its parent company into bankruptcy, and Gawker.com is no longer operating.
OK, so Facebook isn’t technically a news organization… yet. However, the company is preparing to launch its much-anticipated lineup of original content later this summer, and there are also signs that it's on the verge of becoming an even bigger media platform.
Campbell Brown, Head of News Partnerships at Facebook, confirmed last week it’s developing a subscription service for publishers willing to post articles directly to Facebook Instant Articles, rather than their native websites.
Tech is increasingly intertwined with news, for better or worse
Tech leaders are increasingly intertwined with the news business. While some want to support old properties, one set out to destroy a new one. Here they are.