Government

Department of Energy Invests $50 Million To Improve Critical Energy Infrastructure Security (helpnetsecurity.com) 51

Orome1 shares a report from Help Net Security: Today, the Department of Energy (DOE) is announcing awards of up to $50 million to DOE's National Laboratories to support early stage research and development of next-generation tools and technologies to further improve the resilience of the Nation's critical energy infrastructure, including the electric grid and oil and natural gas infrastructure. The electricity system must continue to evolve to address a variety of challenges and opportunities such as severe weather and the cyber threat, a changing mix of types of electric generation, the ability for consumers to participate in electricity markets, the growth of the Internet of Things, and the aging of the electricity infrastructure. The seven Resilient Distribution Systems projects awarded through DOE's Grid Modernization Laboratory Consortium (GMLC) will develop and validate innovative approaches to enhance the resilience of distribution systems -- including microgrids -- with high penetration of clean distributed energy resources (DER) and emerging grid technologies at regional scale. The project results are expected to deliver credible information on technical and economic viability of the solutions. The projects will also demonstrate viability to key stakeholders who are ultimately responsible for approving and investing in grid modernization activities. In addition, the Department of Energy "is also announcing 20 cybersecurity projects that will enhance the reliability and resilience of the Nation's electric grid and oil and natural gas infrastructure through innovative, scalable, and cost-effective research and development of cybersecurity solutions."
Earth

Why Bats Crash Into Windows (nature.com) 117

According to a new report published in the journal Science, Bats slam into vertical structures such as steel and glass buildings because they appear invisible to bats' echolocation system. Nature reports: Bats rely on echolocation to navigate in the dark. They locate and identify objects by sending out shrill calls and listening to the echoes that bounce back. Greif and his colleagues tested the echolocation of 21 wild-caught greater mouse-eared bats (Myotis myotis) in the lab. The researchers placed a featureless metal plate on a side wall at the end of a flight tunnel. The bats interpreted the smooth surface -- but not the adjacent, felt-covered walls -- as a clear flight path. Over an an average of around 20 trials for each bat, 19 of them crashed into the panel at least once. The researchers also put up smooth, vertical plates near wild bat colonies, and saw similar results. The animals became confused owing to a property of smooth surfaces called "acoustic mirroring." Whereas rough objects bounce some echoes back towards the bat, says Greif, a smooth surface reflects all echolocation calls away from the source. This makes a smooth wall appear as empty space to the bats, until they are directly in front of it. Only once a bat is facing the surface are their perpendicular echoes reflected back, which alerts the bat to its mistake. This explains why some bats attempted to swerve out of harm's way at the last second -- but often too late.
Education

A New Way to Learn Economics (newyorker.com) 297

John Cassidy, writing for The New Yorker: With the new school year starting, there is good news for incoming students of economics -- and anybody else who wants to learn about issues like inequality, globalization, and the most efficient ways to tackle climate change. A group of economists from both sides of the Atlantic, part of a project called CORE Econ, has put together a new introductory economics curriculum, one that is modern, comprehensive, and freely available online. In this country, many colleges encourage Econ 101 students to buy (or rent) expensive textbooks, which can cost up to three hundred dollars, or even more for some hardcover editions. The project is a collaborative effort that emerged after the world financial crisis of 2008-9, and the ensuing Great Recession, when many students (and teachers) complained that existing textbooks didn't do a good job of explaining what was happening. In many countries, groups of students demanded an overhaul in how economics was taught, with less emphasis on free-market doctrines and more emphasis on real-world problems.
Businesses

Equifax Lobbied For Easier Regulation Before Data Breach (wsj.com) 104

WSJ reports: Equifax was lobbying lawmakers and federal agencies to ease up on regulation of credit-reporting companies in the months before its massive data breach. Equifax spent at least $500,000 on lobbying Congress and federal regulators in the first half of 2017, according to its congressional lobbying-disclosure reports. Among the issues on which it lobbied was limiting the legal liability of credit-reporting companies. That issue is the subject of a bill that a panel of the House Financial Services Committee, which oversees the industry, discussed the same day Equifax disclosed the cyberattack that exposed personal financial data of as many as 143 million Americans. Equifax has also lobbied Congress and regulatory agencies on issues around "data security and breach notification" and "cybersecurity threat information sharing," according to its lobbying disclosures. The amount Equifax spent in the first half of this year appears to be in line with previous spending. In 2016 and 2015, the company's reports show it spent $1.1 million and $1.02 million, respectively, on lobbying activities. While the company had broadly similar lobbying issues in those years, the liability matter was new in 2017.
Businesses

Are Top US Startups Really Startups? (om.co) 57

Veteran technology reporter and columnist Om Malik writes: Pitchbook, a data research company has come up with a list of top 14 most valuable startups in the United States. There are no real surprises -- they are all ranked by valuation and they all are valued at north of $4 billion. They are all household names -- barring Outcome Health and Samumed. And they have been around forever. They have thousands of employees and many have billions in revenue. What they are not is liquid on public markets. They have not IPO'd. In a different Silicon Valley, they will all be public companies and they won't be deemed startups. Revenue, growth, relative size, market share -- pick a metric (except for lack of profits in many cases) and you know they aren't really startups. So can we stop calling them startups -- and instead maybe call them VC-backed private companies -- otherwise the label startup loses its meaning.
The Almighty Buck

Why Must You Pay Sales People Commissions? (a16z.com) 235

An anonymous reader shares an article: Sales is highly competitive work. That word -- "competitive" -- is the key to a high-performing sales organization. In order to be great at sales, you must outsell the competition. The competition might be a product from another company; it might be an internal project at the target company; or it might be the undying desire of the target customer to do absolutely nothing, which is often the toughest competitor of them all. At the end of the day, it's all a fight. And how do you get the most fight out of an organization? By offering a prize. As the old boxing saying goes, "This is prize fighting. No prize, no fight." Prizes and competition are critical to building a healthy sales culture. So what's an unhealthy sales culture? One that's governed by politics. Sales people must sell into highly political environments to succeed and that's why they don't want to live in one. If you do not evaluate and pay on what sales people sell, then what do you evaluate and pay on? Getting along with others? Kissing the boss' butt? Talking a big game but delivering nothing? Sounds like politics and sales people instinctively know it. When a CEO says, "we're going to evaluate you on things consistent with the culture" the sales person hears: "we are going to toss out objective financial metrics for the subjective will of the king." Great entrepreneurs are great innovators, and innovators love to innovate. But before you innovate on sales compensation, make sure you understand the strengths of the old system.
Businesses

Google Rival Yelp Claims Search Giant Broke Promise Made to Regulators (wsj.com) 61

Online-reviews firm Yelp alleged that Google is breaking a promise it made as part of a 2012 regulatory settlement to not scrape content from certain third-party sites including Yelp, escalating its yearslong battle against the search giant. Yelp said in a letter late Sunday to Federal Trade Commission Chairwoman Maureen Ohlhausen that Google is using Yelp photos for local-business listings in its search results, despite Yelp's formal request that Google not pull such content from its site. From a report: As part of a December 2012 settlement to end an FTC investigation into Google, the tech giant agreed to not use content, including photos and user reviews, from third-party sites that opted out of such scraping. Google's commitment lasts through 2017 and applies to a variety of its products, including its local-business listings. "This is a flagrant violation of Google's promises to the FTC, and the FTC should reopen the Google case immediately," said Luther Lowe, Yelp's public-policy chief. Yelp has emerged as a leading critic of Google because the site believes the search giant unfairly uses its influence to stifle competitors.
Businesses

Amazon's Whole Foods Price Cuts Brought 25 Percent Jump In Shoppers (bloomberg.com) 94

According to Foursquare Labs, which compiled location information from shoppers' mobile devices during the first two days after Amazon completed its acquisition of Whole Foods and compared the data with the same period a week earlier, the electronic commerce company boosted customer traffic to Whole Foods by 25 percent. Bloomberg reports: Amazon acquired the upscale chain last month for $13.7 billion, a move that has brought turmoil to the supermarket industry and sent shares of grocery rivals tumbling. The same day it completed the acquisition, the e-commerce giant cut prices by as much as 43 percent on a range of items. Organic fuji apples were marked down to $1.99 a pound from $3.49 a pound, for instance. Organic avocados dropped to $1.99 each from $2.79. The traffic data is an optimistic sign that Amazon can succeed in the brick-and-mortar world. In some areas, the jump in customers was dramatic. At stores in Chicago, 35 percent more shoppers visited Whole Foods stores, Foursquare found. It's not surprising that curious shoppers visited the stores immediately after the takeover, particularly after a bevy of media coverage, according to Jennifer Bartashus, an analyst at Bloomberg Intelligence. What's left to be seen is whether they will start consistently shopping more at Whole Foods stores.
The Almighty Buck

Chatbot Lets You Sue Equifax For Up To $25,000 Without a Lawyer (theverge.com) 111

Shannon Liao reports via The Verge: If you're one of the millions affected by the Equifax breach, a chatbot can now help you sue Equifax in small claims court, potentially letting you avoid hiring a lawyer for advice. Even if you want to be part of the class action lawsuit against Equifax, you can still sue Equifax for negligence in small claims court using the DoNotPay bot and demand maximum damages. Maximum damages range between $2,500 in states like Rhode Island and Kentucky to $25,000 in Tennessee. The bot, which launched in all 50 states in July, is mainly known for helping with parking tickets. But with this new update, its creator, Joshua Browder, who was one of the 143 million affected by the breach, is tackling a much bigger target, with larger aspirations to match. He says, "I hope that my product will replace lawyers, and, with enough success, bankrupt Equifax."

Not that the bot helps you do anything you can't already do yourself, which is filling out a bunch of forms -- you still have to serve them yourself. Unfortunately, the chatbot can't show up in court a few weeks later to argue your case for you either. To add to the headache, small claims court rules differ from state to state. For instance, in California, a person needs to demand payment from Equifax or explain why they haven't demanded payment before filing the form.

Encryption

Virginia Scraps Electronic Voting Machines Hackers Destroyed At DefCon (theregister.co.uk) 194

Following the DefCon demonstration in July that showed how quickly Direct Recording Electronic voting equipment could be hacked, Virginia's State Board of Elections has decided it wants to replace their electronic voting machines in time for the gubernatorial election due on November 7th, 2017. According to The Register, "The decision was announced in the minutes of the Board's September 8th meeting: 'The Department of Elections officially recommends that the State Board of Elections decertify all Direct Recording Electronic (DRE or touchscreen) voting equipment." From the report: With the DefCon bods showing some machines shared a single hard-coded password, Virginia directed the Virginia Information Technology Agency (VITA) to audit the machines in use in the state (the Accuvote TSX, the Patriot, and the AVC Advantage). None passed the test. VITA told the board "each device analyzed exhibited material risks to the integrity or availability of the election process," and the lack of a paper audit trail posed a significant risk of lost votes. Local outlet The News Leader notes that many precincts had either replaced their machines already, or are in the process of doing so. The election board's decision will force a change-over on the 140 precincts that haven't replaced their machines, covering 190,000 of Virginia's ~8.4m population.

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