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@TFTC21@TFTC21

Comcast's layoff filings add up to 994 jobs, and the company says that is not all of them. Some cuts fall below the size that triggers a filing, so they never show up. Comcast has not given a total. • 634 jobs in Pennsylvania, 159 in Washington, 119 in New Jersey, 82 in California • Comcast told Bloomberg some cuts fell below the filing threshold • A fourth quarter charge of more than $1 billion for the restructuring • 144,000 domestic residential broadband customers lost in the third quarter • More than 1,100 new roles planned, over 500 of them in Philadelphia Broadband customers are leaving, and executives are expanding AI agents to handle customer service. Comcast is cutting jobs in one part of the business and hiring for new roles in another. The filings are a floor. The real total is still unknown.

@TFTC21@TFTC21

Across, a crosschain bridge, just told users not to connect their wallets to its app. "Do NOT visit the app, connect your wallet, or sign any transaction or approval there until further notice." It says it is investigating an issue with its domain.

@TFTC21@TFTC21

Ledger's signing SDK reports to Ledger's servers every time a transaction is signed, on by default, Ambire's developers say. The report includes the recipient or contract address. Privacy should be the default.

@TFTC21@TFTC21

Move abroad or leave by the end of the year. That is the choice IBM is giving affected staff in Consulting, according to a company document cited by Bloomberg. IBM confirmed it is ending visa and green card sponsorship for most roles in the unit, which has 150,000+ staff.

@TFTC21@TFTC21

Bitcoin holders have swapped about $3.6 billion of directly held BTC into BlackRock's IBIT since in-kind creations were approved, says BlackRock digital assets head Robbie Mitchnick. He says the main driver is security concerns. They traded their keys for a ticker.

@TFTC21@TFTC21

Texas governor-elect Gina Hinojosa says that within an hour of taking the oath of office she will "declare a high-cost emergency" and freeze residential electricity rates. The governor appoints every PUC commissioner. Texas law says prices are set by competition.

@TFTC21@TFTC21

The House held billionaire Leon Black in contempt of Congress for defying his Epstein subpoenas. No charging decision from the Justice Department has been reported. Rep. Anna Paulina Luna: "It is time for the Department of Justice to act." • The Oversight Committee voted 41-0 on Sept. 15 to recommend contempt • The full House held him in contempt on Sept. 16 by unanimous consent • The two subpoenas sought a deposition and documents, including nondisclosure agreements • Black sued the committee and Chairman Comer to block the subpoenas, and his lawyers call the contempt resolution retaliation • Criminal contempt carries up to 1 year in prison and a fine of up to $100,000 • A DOJ spokesperson said it takes contempt of Congress allegations seriously The committee voted 41-0, the House acted by unanimous consent, and the only thing between a billionaire and a charge is a prosecutor's decision. Luna also says she is asking DOJ to investigate Lesley Groff, Epstein's former assistant, whose testimony survivors dispute. Congress can name the contempt. Only DOJ can make it cost anything.

@TFTC21@TFTC21

Bitcoin fell from $74,753 to $72,770 in 45 minutes this morning, down 2.7%. That's its lowest price since Aug 20, and 10.3% below where it traded last Wednesday at $81,131.

@TFTC21@TFTC21

Google DeepMind says it has mathematically proven key security properties of the machine code behind Signal. Not the design on paper. The compiled code. DeepMind's Pushmeet Kohli calls it the first time the production code of a widely deployed protocol has been formally verified, "by any method, with or without AI," and at this depth. • The proofs cover Signal's post-quantum PQXDH handshake and the Triple Ratchet • Properties proven: forward secrecy, authentication, post-compromise security and handshake secrecy • AI agents wrote the Lean proofs • Human experts reviewed every specification before any proof ran Formal verification is extremely complex and time consuming, which is why most software never gets it. DeepMind's pitch is that AI can change that. If that holds, the bar for privacy tools moves. Proof instead of promises.

@TFTC21@TFTC21

Riot isn't the only miner selling. MARA sold 13,597 bitcoin after September 30 for about $1.1 billion. That's roughly 40% of the 34,012 it held at quarter-end. $750 million of it went to repay bitcoin-backed loans.

@TFTC21@TFTC21

Hegseth says Iran, cartels, Maduro and Yemen were all "notified to Congress." Massie's charge is that the Iran war had no declaration of war and no statutory authorization. Notified is not authorized. That gap is the whole fight.

@TFTC21@TFTC21

97 Texas counties reported voter registrations exceeding their adult citizen population in the 2026 midterms. Montgomery County: 107.6% (34,319 over) Collin County: 104.0% (30,557 over) Fort Bend County: 104.1% (23,122 over) Williamson County: 103.0% (13,816 over) Denton County: 102.0% (13,466 over) Those totals include 1.76 million "suspense voters," registrations flagged because the voter never responded to an address confirmation notice or their mail came back undeliverable. They can still cast a ballot by confirming their address at the polls. Whether this is explained by Census estimates lagging explosive suburban growth or something worse, the fact that Texas can't answer that question definitively is the problem. You can't run credible elections on voter rolls you can't reconcile against the actual population. Clean the rolls or don't act surprised when nobody trusts the results.

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The Commoner

Truth for the Commoner, every weekday. Money, machines, and the people trying to control both.

Independent writing by Marty Bent at TFTC since 2017. Money, markets, AI, energy and privacy, delivered free to your inbox.

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