Transportation

Electric Cars Emit 50 Percent Less Greenhouse Gas Than Diesel, Study Finds (theguardian.com) 239

entirely_fluffy shares a report from The Guardian: Electric cars emit significantly less greenhouse gases over their lifetimes than diesel engines even when they are powered by the most carbon intensive energy, a new report has found. In Poland, which uses high volumes of coal, electric vehicles produced a quarter less emissions than diesels when put through a full lifecycle modeling study by Belgium's VUB University. CO2 reductions on Europe's cleanest grid in Sweden were a remarkable 85%, falling to around one half for countries such as the UK. The new study uses an EU estimate of Poland's emissions -- at 650gCO2/kWh -- which is significantly lower than calculations by the European commission's Joint Research Centre science wing last year. The VUB study says that while the supply of critical metals -- lithium, cobalt, nickel and graphite -- and rare earths would have to be closely monitored and diversified, it should not constrain the clean transport transition. As battery technology improves and more renewables enter the electricity grid, emissions from battery production itself could be cut by 65%, the study found.
Television

FCC To Loosen TV, Newspaper Ownership Rules (reuters.com) 86

The FCC is planning to vote on rolling back landmark media ownership regulations that prohibit owning a television station and newspaper in the same market and making it easier to acquire additional TV or radio stations. Reuters reports: If approved at the FCC's November meeting, the move would be a win for newspapers and broadcasters that have pushed for the change for decades, but was criticized by Democrats who said it could usher in a new era of media consolidation. The FCC in 1975 banned cross-ownership of a newspaper and broadcast station in the same market, unless it granted a waiver, to ensure a diversity of opinions. The rule was made before the explosion of internet and cable news and Republican President Donald Trump and Pai have vowed to reduce government regulation.

"We must stop the federal government from intervening in the news business," Pai told a congressional panel, noting that many newspapers have closed and many radio and TV stations are struggling. Pai moved earlier this year to make it easier for some companies to own a larger number of local stations. Pai said the marketplace no longer justifies the rules, citing Facebook and Alphabet's dominance of internet advertising. "Online competition for the collection and distribution of news is greater than ever. And just two internet companies claim 100 percent of recent online advertising growth; indeed, their digital ad revenue this year alone will be greater than the market cap of the entire broadcasting industry," Pai said.

Open Source

Oracle Engineer Talks of ZFS File System Possibly Still Being Upstreamed On Linux (phoronix.com) 131

New submitter fstack writes: Senior software architect Mark Maybee who has been working at Oracle/Sun since '98 says maybe we "could" still see ZFS be a first-class upstream Linux file-system. He spoke at the annual OpenZFS Developer Summit about how Oracle's focus has shifted to the cloud and how they have reduced investment in Solaris. He admits that Linux rules the cloud. Among the Oracle engineer's hopes is that ZFS needs to become a "first class citizen in Linux," and to do so Oracle should port their ZFS code to Oracle Linux and then upstream the file-system to the Linux kernel, which would involve relicensing the ZFS code.
Verizon

Verizon Will Stop Throttling Video On Unlimited Plans If You Pay An Extra $10 Per Month (theverge.com) 110

An anonymous reader quotes a report from The Verge: Two months ago, Verizon implemented a change to all of its unlimited data plans that placed limits on the quality at which users could stream video. The company split its unlimited plan into two tiers, with the cheaper option restricting video streaming to 480p resolution; a higher-priced $85 "Beyond Unlimited" plan tops out at 720p video on smartphones (and 1080p on tablets). The new restrictions immediately applied to all plans and Verizon customers had no way of opting out if they wanted to watch 1080p video on their phone or even higher resolutions on capable devices using mobile data. But now Verizon will give subscribers a way to completely remove the video quality handcuffs -- for an extra $10 every month. If you're willing to pay that $10 charge, you can stream video at the maximum quality supported by any device you've got connected to Verizon, whether it's 1080p, 1440p, or even 4K. But keep in mind that the extra fee is applied per line for anyone on a family plan who wants to lift the limits. Even on a single-line plan, it adds up. Tacking $10 onto Verizon's Beyond Unlimited ratchets up the monthly price to $95. The $10 add-on will be available beginning November 3rd.
Businesses

Amazon Key Puts Deliveries -- And Delivery People -- In Your Home (wired.com) 122

An anonymous reader shares a report: Rushing home to sign for a package can be a chore, and nothing craters a day like having a delivery stolen from your doorstep. The question Amazon asks with its new Key app and Cloud security camera: Are those annoyances enough to let a delivery person into your home, unattended, to drop off a box? The answer should present itself soon enough, at least in the 37 cities in which Amazon will launch its new in-home delivery service as of November 8. There, customers who purchase an Amazon Cloud Cam, own a compatible smart lock, and download the accompanying Amazon Key app can grant access for in-home deliveries -- and watch the drop-offs live, remotely. The system, exclusive for Prime members, costs $250 to get started, a price that includes both the camera and a smart lock from either Kwikset or Yale. (You can also buy the cameras individually for $120, with a slight discount applied for buying multiples.) And while Amazon has gone to some lengths to minimize the creepiness of a definitionally invasive service, it still forces potential enlistees to consider just what kind of trade-offs they're willing to make in the name of convenience. Amazon says that in-home delivery will be available for "tens of millions" of items, whether it's sent same-day, standard, or any shipping method in between. As for those safety measures: Amazon's doing what it can to ensure that strangers don't game its system.
The Almighty Buck

North Korea Could Be Secretly Mining Cryptocurrency On Your Computer (qz.com) 102

An anonymous reader shares a report: North Korea has a cryptocurrency infatuation. Its government has been accused of unleashing a global ransomware attack to raise bitcoin, mining the cryptocurrency within its borders, and hacking South Korean bitcoin exchanges. Now, research firm Recorded Future says there's a strong chance Kim Jong-un's regime is experimenting with malware that secretly mines currency using other people's computers. Malware crypto-mining is a new global trend among hackers, says a new report from Recorded Future, which monitors discussions among "the criminal underground" on the so-called dark web. Starting this year, hackers seem to be shifting away from high-intensity, widespread ransomware attacks, towards "long-term, low velocity" crypto-mining in the background. Recorded Future has not detected specific instances of North Korean malware mining, but believes that the regime has the knowhow, motive, and interest in cryptocurrencies to execute similar attacks. "North Korean threat actors have prior experience in assembling and managing botnets, bitcoin mining, and cryptocurrency theft, as well as in custom altering publicly available malware; three elements that would be key to effectively creating and managing a network of covert cryptocurrency miners," Recorded Future's report reads.
Government

Kaspersky Admits To Reaping Hacking Tools From NSA Employee PC (zdnet.com) 139

Kaspersky has acknowledged that code belonging to the US National Security Agency (NSA) was lifted from a PC for analysis but insists the theft was not intentional. From a report: In October, a report from the Wall Street Journal claimed that in 2015, the Russian firm targeted an employee of the NSA known for working on the intelligence agency's hacking tools and software. The story suggested that the unnamed employee took classified materials home and operated on their PC, which was running Kaspersky's antivirus software. Once these secretive files were identified -- through an avenue carved by the antivirus -- the Russian government was then able to obtain this information. Kaspersky has denied any wrongdoing, but the allegation that the firm was working covertly with the Russian government was enough to ensure Kaspersky products were banned on federal networks. There was a number of theories relating to what actually took place -- was Kaspersky deliberately targeting NSA employees on behalf of the Kremlin, did an external threat actor exploit a zero-day vulnerability in Kaspersky's antivirus, or were the files detected and pulled by accident? According to Kaspersky, the latter is true. On Wednesday, the Moscow-based firm said in a statement that the results of a preliminary investigation have produced a rough timeline of how the incident took place. It was actually a year earlier than the WSJ believed, in 2014, that code belonging to the NSA's Equation Group was taken.
Earth

Italy Proposes Phasing Out Coal Power Plants By 2025 (reuters.com) 123

Italy is the next country to phase out coal. According to Reuters, the country has set its sights on phasing out coal power plants by 2025. From the report: Italy's biggest utility Enel has said it will not invest in new coal-fired power plants. The new energy strategy, still under discussion, aims to reach the goal of 27 percent of gross overall energy consumption from renewable sources by 2030, the document showed. The strategy, which should be approved by the government at the beginning of November, is also looking to speed up the introduction of vehicles powered by alternative fuels. It aims to raise the number of electric charging stations to 19,000 by 2020.
Television

FCC Ends Decades-Old Rule Designed To Keep TV, Radio Under Local Control (variety.com) 223

The FCC on Tuesday voted to eliminate a rule that required broadcast station groups to maintain a physical presence in the community of their primary local coverage area, a move that critics say will help media companies further consolidate their operations and even be a boost to the ambitions of Sinclair Broadcast Group. Variety reports: But FCC Chairman Ajit Pai said the elimination of the rule has been a long time coming and will produce cost savings for stations. He said the "overwhelming majority" of public input favored the elimination of the rule, citing the support for such an action even from National Public Radio. "Continuing to require a main studio would detract from, rather than promote, a broadcaster's ability and incentive to keep people informed and serve the public interest," Pai said. The National Association of Broadcasters supports the rule's elimination, and has argued that it will free up funds for stations to spend on staff and programming. Commissioner Michael O'Rielly said the elimination reflects how the public currently interacts with local businesses -- not by visiting their facilities, but through telecommunications and social media. The rule dates to 1940. The two Democrats on the commission opposed the change. "There are many broadcasters who do an extraordinary job serving communities during disaster," said FCC Commissioner Jessica Rosenworcel. "But let's be honest -- they can only do so when they have a real presence in their area of license. That's not a retrograde notion -- it's a fact."
Businesses

Oracle, Apple, Google, Amazon, Facebook Blow Even More Cash on Lobbying (theregister.co.uk) 73

An anonymous reader shares a report: American tech giants have ramped up the amount of cash they spend on lobbying US lawmakers to get their own way, yet again. As congressmen consider regulating organizations from Facebook to Google, and mull antitrust crackdowns against Amazon, said corporations have responded by flinging more dosh at the problem. The money is spent on, ahem, holding meetings between company execs and politicians so that businesses can push their agenda and swing decisions in their favor, which may not be in the interests of the people who elected said politicians. Facebook's $2.85m for the third quarter of the year -- disclosed this week as required by law -- is beaten only by the amount it spent in the first quarter: $3.21m. In its second quarter, it blew $2.38m. Overall, Facebook's lobbying bills for 2017 looks set to smash the $9.85m it spent in 2015 and the $8.7m in 2016. The social network is being investigated by both halves of Congress for its role in the Russian propaganda campaign during the US presidential election, and this month has been on a huge PR campaign in the capital. Likewise Amazon spent its highest ever amount on professional lobbyists -- both individuals and companies that book face time with lawmakers and their staff where they press the company's viewpoints. Amazon spent $3.41m in the third quarter, up from $3.21m for the second quarter -- which was also a record spend for the company. Apple has already blown past the $4.67m in spent in 2016 -- which was then its highest-ever spending. So far in 2017, the iPhone maker has spent $5.46m bending lawmakers' ears. Google spent less in the third quarter of the year to the wallet-busting Q2 spend of $5.93m, but it still spent $4.17m -- higher than its average spend of $4.0m per quarter over the past five years. But perhaps the most notable increase in spending has come from Oracle, which spent a whopping $3.82m on lobbying in the third quarter: double what it normally spends.
NASA

Astronaut Paul Weitz Dies At 85; Veteran of Skylab and Shuttle Missions 15

NPR reports the death of NASA astronaut Paul Weitz, who spent nearly a month in orbit on the first manned Skylab mission in 1973 and flew a decade later as mission commander on the maiden voyage of the Space Shuttle Challenger. He was 85. From the report: Weitz died in Flagstaff, Ariz., on Monday; he had been diagnosed with myelodysplastic syndrome, a type of blood cancer. Weitz was born in Erie, Pa., and graduated from Penn State. He joined the Navy and became an aviator and test pilot, eventually rising to the rank of captain. He was chosen in NASA's fifth round of astronaut selection in 1966, as the agency was ramping up for the Apollo moon program. On his first space flight, he served as pilot on Skylab-2 (SL-2), along with Apollo 12 veteran Charles "Pete" Conrad, Jr., and Joseph Kerwin, also a rookie on SL-2. The mission to fix Skylab, which had suffered significant damage during the space station's launch, is still considered one of the most difficult and dangerous in the annals of spaceflight. The three astronauts had to conduct multiple space walks to repair the damaged craft, deploying a giant reflective parasol to act as a sunshade in place of a damaged thermal shield. Weitz logged two hours and 11 minutes in space walks and the crew of the mission established a new world record for time in space -- 672 hours, 49 minutes.
Government

Congress Opens Probe Into FBI's Handling of Clinton Email Investigation (arstechnica.com) 390

An anonymous reader quotes a report from Ars Technica: Two House committees announced Tuesday that they would conduct a joint probe into the FBI's handling of the Clinton e-mail investigation. The Clinton investigation concluded with no charges being levied against the former secretary of state who was running for president under the Democratic ticket. House Oversight and Government Reform Committee Chairman Trey Gowdy (R-S.C.) and House Judiciary Committee Chairman Bob Goodlatte (R-Va.) said in a joint statement that they are unsatisfied with how the probe into Clinton's private e-mail server concluded. Among other things, the chairmen want to know why the bureau publicly said it was investigating Clinton while keeping silent that it was looking into President Donald Trump's campaign associates and their connections to Russia.

"Our justice system is represented by a blind-folded woman holding a set of scales. Those scales do not tip to the right or the left; they do not recognize wealth, power, or social status," Goodlatte and Gowdy said in a joint statement. "The impartiality of our justice system is the bedrock of our republic, and our fellow citizens must have confidence in its objectivity, independence, and evenhandedness. The law is the most equalizing force in this country. No entity or individual is exempt from oversight."

Ubuntu

Why Did Ubuntu Drop Unity? Mark Shuttleworth Explains (omgubuntu.co.uk) 215

Ubuntu's decision to ditch Unity took many of us by surprise earlier this year. Now Ubuntu founder Mark Shuttleworth shares more details about why Ubuntu chose to drop Unity. From a report: Shuttleworth says he, along with the other 'leads' at Canonical, came to a consensual view that they should put the company on the path to becoming a public company. And to appear attractive to potential investors the company has to focus on its areas of profitability -- something Unity, Ubuntu phone, Unity 8 and convergence were not part of: "[The decision] meant that we couldn't have on our books (effectively) very substantial projects which clearly have no commercial angle to them at all. It doesn't mean that we would consider changing the terms of Ubuntu for example, because it's foundational to everything we do. And we don't have to, effectively," he said. Money may have meant Unity's demise but the wider Ubuntu project is in rude health. as Shuttleworth explains: "One of the things I'm most proud of is in the last 7 years is that Ubuntu itself became completely sustainable. I could get hit by a bus tomorrow and Ubuntu could continue. It's kind of magical, right? Here's a platform that is a world class enterprise platform, that's completely freely available, and yet it is sustainable. Jane Silber is largely to thank for that." While it's all-too-easy for desktop users to focus on, well, the desktop, there is far more to Canonical (the company) than the 6-monthly releases we look forward to. Losing Unity may have been a big blow for desktop users but it helped to balance other parts of the company: "There are huge possibilities for us in the enterprise beyond that, in terms of really defining how cloud infrastructure is built, how cloud applications are operated, and so on. And, in IoT, looking at that next wave of possibility, innovators creating stuff on IoT. And all of that is ample for us to essentially put ourselves on course to IPO around that." Dropping Unity wasn't easy for Mark, though: "We had this big chunk of work, which was Unity, which I really loved. I think the engineering of Unity 8 was pretty spectacularly good, and the deep ideas of how you bring these different form factors together was pretty beautiful.
Education

42% of Americans Under 8 Have Their Own Tablet (axios.com) 221

A reader shares an Axios report: A whopping 42% of children ages 0-8 have their own tablet device, up from less than 1% in 2011, according to Common Sense Media's newest national "Media Use by Kids" census. Families with young children are now more likely to have a subscription video service such as Netflix or Hulu (72%) than they are to have cable TV (65%). 10% of kids age 8 or under own a "smart" toy that connects to the internet and 9% have a voice-activated virtual assistant device available to them in the home, such as an Amazon Echo or Google Home.
Bitcoin

Bitcoin Pioneer Says New Coin To Work on Many Blockchains (bloomberg.com) 65

A reader shares a Bloomberg report: Jeff Garzik, one of a handful of key developers who helped build the underlying software for bitcoin that is known as blockchain, has seen its shortcomings firsthand. So he decided to create a better digital currency. He's calling it Metronome and says it will be the first that can jump between different blockchains. For example, coins that are used for applications on the Ethereum blockchain will be able to move to Ethereum Classic before jumping onto Qtum or Rootstock, which connects with the bitcoin blockchain, said Garzik. The mobility means that if one blockchain dies out as the result of infighting among developers or slackened use, metronome owners can move their holdings elsewhere. That should help the coins retain value, and ensure their longevity, Garzik, co-founder of startup Bloq that created metronome, said in a phone interview. It will be unveiled Tuesday at the Money 20/20 conference in Las Vegas. "Institutional investors should be very excited to see something like this," Matthew Roszak, the other co-founder of Bloq and chairman of industry advocate Chamber of Digital Commerce, said in a phone interview. "We've built a thousand-year cryptocurrency, something that's built to last." That's a concern for many digital currencies. Infighting among developers and various supporters, and the slow pace of enhancements on the bitcoin blockchain have helped to limit use. Both bitcoin and its main rival, ethereum, have split into several versions.
Businesses

WeWork Employees Caught Spying on Competition (nypost.com) 112

An anonymous reader shares a report: The battle in the red-hot co-working space business is heating up. WeWork, the No. 1 player in the sector, allegedly sent two spies to infiltrate rival Knotel -- to steal info and some customers, Knotel claimed. The spies showed up at seven Knotel properties in Manhattan last month in a "systematic attempt to pilfer Knotel's proprietary information and trade secrets," according to a cease-and-desist letter the smaller company sent to WeWork. The Post has obtained a copy of the letter. The corporate espionage rookies may have pulled off the caper except, in a totally random happening, a Knotel employee recognized one of them as a friend of a friend, according to sources close to Knotel. While the pair used fake names to gain entry, according to the letter, a call to the Knotel worker's pal got the spy's real name -- and a couple of social media inquiries turned up the fact that he worked for rival WeWork, sources said. The letter to WeWork asks for a reply by Oct. 13 -- but so far Knotel hasn't heard a peep from its rival, according to CEO Amol Sarva. While inside the Knotel offices, visited Sept. 12-14, the luckless spies posed "as the founders of a fast-growing startup" and said they needed space for their six-person company, according to the letter.
Microsoft

Microsoft To Drop Lawsuit After US Government Revises Data Request Rules (reuters.com) 28

An anonymous reader shares a report: Microsoft said it will drop a lawsuit against the U.S. government after the Department of Justice (DOJ) changed data request rules on alerting internet users about agencies accessing their information. The new policy limits the use of secrecy orders and calls for such orders to be issued for defined periods, Microsoft Chief Legal Officer Brad Smith said in a blog post on Monday. "As a result of the issuance of this policy, we are taking steps to dismiss our lawsuit," Smith said. The company expects the changes to end the practice of indefinite secrecy orders. Microsoft filed the lawsuit in April 2016 arguing that the U.S. government was violating the constitution by preventing the company from informing its customers about government requests for their emails and other documents.
AI

Tech Giants Are Paying Huge Salaries For Scarce AI Talent (santafenewmexican.com) 156

jmcbain writes: Machine learning and artificial intelligence skills are in hot demand right now, and it's driving up the already-high salaries in Silicon Valley. "Tech's biggest companies are placing huge bets on artificial intelligence (Warning: may be paywalled; alternative source)," reports the New York Times, and "typical AI specialists, including both Ph.D.s fresh out of school and people with less education and just a few years of experience, can be paid from $300,000 to $500,000 a year or more in salary and company stock." The New York Times notes there are several catalysts for rocketing salaries that all come down to supply and demand. There is competition among the giant companies (e.g. Google, Facebook, and Uber) as well as the automative companies wanting help with self-driving cars. However, the biggest issue is the supply: "Most of all, there is a shortage of talent, and the big companies are trying to land as much of it as they can. Solving tough A.I. problems is not like building the flavor-of-the-month smartphone app. In the entire world, fewer than 10,000 people have the skills necessary to tackle serious artificial intelligence research, according to Element AI, an independent lab in Montreal."
Facebook

Tech Firms Seek Washington's Prized Asset: Top-Secret Clearances (bloomberg.com) 147

Major tech companies such as Facebook and Twitter are interested in hiring workers with top-secret security clearances as they deal with foreign meddling on their platforms and come under increased risk of hacks, reports Bloomberg. From the article: In doing so, companies such as Facebook are competing with defense contractors, financial firms and the U.S. government itself. Security clearances are a rare and valued commodity, whether at a bank trying to prevent hackers from stealing credit-card data and emptying accounts or at a manufacturer building parts for a stealth fighter or missile-defense radar system. Bringing former government cyber warriors on board at companies can facilitate interactions with U.S. agencies like the NSA or CIA as well as help the firms understand how to build stronger systems on their own. "They have the tradecraft," said Ronald Sanders, a former associate director of the Office of the Director of National Intelligence and now director of the school of public affairs at the University of South Florida. "And the trade craft is some of the best in the world."
Businesses

Toshiba Forecasts $1 Billion Loss (zdnet.com) 38

Toshiba has announced a forecast net loss of $970 million due to the tax impact of selling its memory chip business, which was itself sold to make up for losses incurred from its nuclear energy business. ZDNet reports: The loss will come instead of its previously forecast net profit of 230 billion yen due to taxes incurred during the sale of the chip business, although its revenue forecast remains unchanged, Reuters reported. Toshiba had last month announced that it would be selling its memory chip business for 2 trillion yen to a consortium led by Bain Capital that includes Seagate and is backed by the Japanese government. As part of the sale, Toshiba said it would be investing 350.5 billion yen into the memory chip unit, maintaining some ownership over it, and last month said that it expected to close the deal "within days."

The tech company had originally named Bain as its preferred bidder back in June, although the sale had been slowed down after joint venture partner Western Digital had struggled to submit a competing bid alongside KKR after its original bid was rejected. As a result, Toshiba announced in June that it was planning to sue Western Digital for 120 billion yen, claiming the latter had interfered in the sale of the memory chip business. Western Digital had "continually interfered with the bid process" and "exaggerated" the power it had in relation to a potential sale, Toshiba claimed, and also made moves to prevent Western Digital employees in its Yokkaichi plant from accessing information pertaining to their partnership. Reuters said the delayed sale could potentially lead to Toshiba "not getting anti-trust clearance before the end of the financial year," which could in turn result in the Tokyo Stock Exchange delisting the company.

The Courts

Computer Parts Site Newegg Is Being Sued For Allegedly Engaging In Massive Fraud (gizmodo.com) 165

schwit1 shares a report from Gizmodo: A suit filed Friday in the U.S. District Court in Los Angeles by four South Korean banks alleges "massive fraud" with an outstanding debt of at least $230 million, and California-based electronic parts seller Newegg has been named as a defendant, along with wholesaler ASI Corporation and its officers. These new documents allege that Moneual, Newegg, and ASI were engaging in "an intricate scheme of circular transactions." The banks submitted a list of over 70 pages of supposedly fraudulent orders as evidence that Newegg and ASI created the paperwork that Moneual used to secure loans. The suit further claims that Newegg and ASI "received kickbacks from Moneual in varying amounts in exchange for agreeing to collude with Moneual to defraud the Banks." One method of inflating purchase orders for Moneual -- a brand barely remembered in North America as a a low-tier entrant into the robotic vacuums market -- allegedly involved creating paperwork that showed components being sold for over 370 times their value.
Education

Stephen Hawking's Thesis Crashes Cambridge Site After It's Posted Online (bbc.com) 79

An anonymous reader quotes a report from BBC: Demand for Stephen Hawking's PhD thesis intermittently crashed part of Cambridge University's website as physics fans flocked to read his work. Prof Hawking's 1966 thesis "Properties of expanding universes" was made freely available for the first time on the publications section of university's website at 00:01 BST. More than 60,000 have so far accessed his work as a 24-year-old postgraduate. Prof Hawking said by making it available he hoped to "inspire people." He added: "Anyone, anywhere in the world should have free, unhindered access to not just my research, but to the research of every great and enquiring mind across the spectrum of human understanding. It's wonderful to hear how many people have already shown an interest in downloading my thesis -- hopefully they won't be disappointed now that they finally have access to it!" The 75-year-old's doctoral thesis is the most requested item in Cambridge University's library. Since May 2016, 199 requests were made for the PhD -- most of which are believed to be from the general public rather than academics. The next most requested publication was asked for just 13 times. The Cambridge Library made several PDF files of the thesis available for download -- a high-resolution "72 Mb" file, digitized version that's less than half the size, and a "reduced" version that was even smaller -- but intense interest overwhelmed the servers. Here's the first paragraph of Hawking's introduction: "The idea that the universe is expanding is of recent origin. All the early cosmologies were essentially stationary and even Einstein whose theory of relativity is the basis for almost all modern developments in cosmology, found it natural to suggest a static model of the universe. However there is a very grave difficulty associated with a static model such as Einstein's which is supposed to have existed for an infinite time. For, if the stars had been radiating energy at their present rates for an infinite time, they would have needed an infinite supply of energy. Further, the flux of radiation now would be infinite. Alternatively, if they had only a limited supply of energy, the whole universe would by now have reached thermal equilibrium which is certainly not the case. This difficulty was noticed by Olders who however was not able to suggest any solution. The discovery of the recession of the nebulae by Hubble led to the abandonment of static models in favour of ones which were expanding."
Facebook

Facebook Tests Removing Publishers From News Feed -- Unless They Pay (mashable.com) 88

According to a report via Mashable, Facebook is removing posts from Pages in the original News Feed and relegating them to another feed, forcing users to "pay to play" in order to have their content back in the News Feed. The setting is only available in Slovakia, Sri Lanka, Serbia, Bolivia, Guatemala, and Cambodia for now, but it could be rolled out to other countries later. From the report: The social network last week officially launched its secondary news feed called Explore. The feed generally features posts from Facebook Pages users don't follow. News Feed, meanwhile, hosts posts from friends and Pages users do follow. But that's not true for everyone. In six markets, Facebook has removed posts from Pages in the original News Feed and relegated them to another feed, Filip Struharik, editor and social media manager at Dennik N, wrote. That means Facebook's main feed is no longer a free playing field for publishers. Instead, it's a battlefield of "pay to play," where publishers have to pony up the dough to get back into the News Feed. It's a stark change from how media outlets have grown with Facebook. Publishers like BuzzFeed's Tasty and NowThis grew via distributing viral posts and videos on News Feed, as Ziad Ramley, former social lead at Al Jazeera English, wrote. While companies had to employ social media managers, they could generally rely on them sharing content without paying to boost it.
Bitcoin

Wolf of Wall Street: Cryptocurrency ICOs Are 'the Biggest Scam Ever' (betanews.com) 279

An anonymous reader shares an article: Jordan Belfort -- the real-life Wolf of Wall Street -- has warned that ICOs (or "token sales" or "coin sales") are "the biggest scam ever" and will "blow up in so many people's faces." The former stockbroker, who spent nearly two years in prison for fraud and financial scams, says that the Initial Coin Offerings used to raise money for cryptocurrencies are "far worse than anything I was ever doing." His fears seem to stem from the way ICOs differ from the more traditional IPO. With IPOs investors gain shares in whatever company they plough money into, and profits can be easily shared. With ICOs, however, there is no mechanism in place for distributing any profits that may be made, profits are reliant on the value of a given cryptocurrency increasing and, perhaps more worrying, ICOs are not regulated in the way IPOs are. Aside from the fact that some ICOs are out-and-out scams, many people believe that the cryptocurrency bubble is just that -- a currently growing bubble that will eventually pop, leading many people to lose out.
Encryption

FBI Couldn't Access Nearly 7,000 Devices Because of Encryption (foxbusiness.com) 299

Michael Balsamo, writing for Associated Press: The FBI hasn't been able to retrieve data from more than half of the mobile devices it tried to access in less than a year, FBI Director Christopher Wray said Sunday, turning up the heat on a debate between technology companies and law enforcement officials trying to recover encrypted communications. In the first 11 months of the fiscal year, federal agents were unable to access the content of more than 6,900 mobile devices, Wray said in a speech at the International Association of Chiefs of Police conference in Philadelphia. "To put it mildly, this is a huge, huge problem," Wray said. "It impacts investigations across the board -- narcotics, human trafficking, counterterrorism, counterintelligence, gangs, organized crime, child exploitation." The FBI and other law enforcement officials have long complained about being unable to unlock and recover evidence from cellphones and other devices seized from suspects even if they have a warrant, while technology companies have insisted they must protect customers' digital privacy.
China

Hong Kong Has No Space Left for the Dead (vice.com) 165

Justin Heifetz, writing for Motherboard: When Fung Wai-tsun's family carried their grandfather's ashes across the Hong Kong border to Mainland China in 2013, they worried Customs officers, thinking the urn was full of drugs, would stop them. Fung, like many others in Hong Kong, could not find a space to lay his loved one to rest in his own city and would have to settle for a site across the border and hours away. It's an increasingly common story as demand for spaces to house the dead outpaces supply here in the semi-autonomous Chinese territory of some 7.4 million people. Hong Kong's public, government-run spaces to store ashes -- which are affordable to the public, starting at $360 -- have waiting lists that can last years. But many Chinese, like Fung, strongly believe the ashes must be put in a resting place immediately as to not disrespect their ancestor's spirit. Meanwhile, a private space -- one that is not run by the government -- tends to start at more than $6,000 and can go for as high as $130,000. This is simply not an option for many families like the Fung's. In Hong Kong, most people cremate their loved ones and house the urns in columbariums, or spaces where people can then go to pay their respects. While burying a body is possible, the option is prohibitively expensive -- and besides, Hong Kong has a law that the body must be exhumed after six years, at which point one must be cremated.
Security

Kaspersky Lab To Open Software To Review, Says Nothing To Hide (reuters.com) 152

Moscow-based Kaspersky Lab will ask independent parties to review the security of its anti-virus software, which the U.S. government has said could jeopardize national security, citing concerns over Kremlin influence and hijacking by Russian spies. From a report: Kaspersky, which research firm Gartner ranks as one of the world's top cyber security vendors for consumers, said in a statement that it would submit the source code of its software and future product updates for review by a broad cross-section of computer security experts and government officials. It also vowed to have outside parties review other aspects of its business, including software development. Reviews of its software, which is used on some 400 million computers worldwide, will begin by the first quarter of next year, it said. "We've nothing to hide," Chairman and CEO Eugene Kaspersky said on Monday. "With these actions we'll be able to overcome mistrust and support our commitment to protecting people in any country on our planet." Kaspersky did not name the outside reviewers, but said they would have strong software security credentials and be able to conduct technical audits, source code reviews and vulnerability assessments.
The Military

US Preparing to Put Nuclear Bombers On 24-Hour Alert (defenseone.com) 578

DefenseOne reports on new preparations at Barksdale Air Force Base: The U.S. Air Force is preparing to put nuclear-armed bombers back on 24-hour ready alert, a status not seen since the Cold War ended in 1991. That means the long-dormant concrete pads at the ends of this base's 11,000-foot runway -- dubbed the "Christmas tree" for their angular markings -- could once again find several B-52s parked on them, laden with nuclear weapons and set to take off at a moment's notice... Gen. David Goldfein, Air Force chief of staff, and other senior defense officials stressed that the alert order had not been given, but that preparations were under way in anticipation that it might come...

Already, various improvements have been made to prepare Barksdale -- home to the 2d Bomb Wing and Air Force Global Strike Command, which oversees the service's nuclear forces -- to return B-52s to an alert posture. Near the alert pads, an old concrete building -- where B-52 crews during the Cold War would sleep, ready to run to their aircraft and take off at a moment's notice -- is being renovated. Inside, beds are being installed for more than 100 crew members, more than enough room for the crews that would man bombers positioned on the nine alert pads outside... Large paintings of the patches for each squadron at Barksdale adorn the walls of a large stairway. One painting -- a symbol of the Cold War -- depicts a silhouette of a B-52 with the words "Peace The Old Fashioned Way," written underneath.

General Goldfein, the Air Force's top officer and a member of the Joint Chiefs of Staff, "is asking his force to think about new ways that nuclear weapons could be used for deterrence, or even combat... 'It's no longer a bipolar world where it's just us and the Soviet Union. We've got other players out there who have nuclear capability. It's never been more important to make sure that we get this mission right.'"
Education

Bill Gates Tries A(nother) Billion-Dollar Plan To Reform Education (washingtonpost.com) 288

theodp shared this article from the Washington Post: Bill Gates has a(nother) plan for K-12 public education. The others didn't go so well, but the man, if anything, is persistent. Gates announced Thursday that the Bill & Melinda Gates Foundation would spend more than $1.7 billion over the next five years to pay for new initiatives in public education, with all but 15 percent of it going to traditional public school districts and the rest to charter schools... He said most of the new money -- about 60 percent -- will be used to develop new curriculums and "networks of schools" that work together to identify local problems and solutions, using data to drive "continuous improvement." He said that over the next several years, about 30 such networks would be supported, though he didn't describe exactly what they are...

Though there wasn't a lot of detail on exactly how the money would be spent, Gates, a believer in using big data to solve problems, repeatedly said foundation grants given to schools as part of this new effort would be driven by data. "Each [school] network will be backed by a team of education experts skilled in continuous improvement, coaching and data collection and analysis," he said, an emphasis that is bound to worry critics already concerned about the amount of student data already collected and the way it is used for high-stakes decisions. In 2014, a $100 million student data collection project funded by the Gates foundation collapsed amid criticism that it couldn't adequately protect information collected on children.

"In his speech, Gates said that education philanthropy was difficult, in part because it is easy to 'fool yourself' about what works and whether it can be easily scaled," according to the article. It also argues that big spending on education by Gates and others "has raised questions about whether American democracy is well-served by wealthy people pouring so much money into pet education projects -- regardless of whether they are grounded in research -- that public policy and funding follow."

By 2011 the Gates' foundation had already spent $5 billion on education projects -- and admitted that "it hasn't led to significant improvements."
Google

Google Says It Hasn't Promised To Help News Sites By Sharing Money and User Data (cnet.com) 22

UPDATE (2:53 PST): Google say it hasn't lined up any deals to share revenue and user data with online news sites, calling Sunday news reports "totally wrong."

"We have not reached any conclusions on the revenue side," Google spokeswoman Maggie Shiels told CNET. "We haven't reached any conclusions [regarding] subscriptions and need to speak to publishers."

An anonymous reader shared the text of CNET's original report: The web giant is planning to share a chunk of its revenue with publishers, the Financial Times reported Sunday. Google's plan is to mate its treasure trove of personal data with machine learning algorithms to help news publications grow their subscriber base, the newspaper reported... The deal Google is offering to news publishers will reportedly be similar to the arrangement Google has with traditional advertisers through its AdSense business. "We want to have a healthy ecosystem where we'll benefit both as a society and with our business," Richard Gringas, Google's head of news, told the FT.
Financial Times claimed that Google had promised that the revenue sharing "will be very, very generous," while TechCrunch had reported that Google would also be claiming "a 30% finder's fee" for every new subscriber.
Open Source

30-Year-Old Operating System 'PC-MOS/386' Finally Open Sourced (github.com) 173

PC-MOS/386 "was a multi-user, computer multitasking operating system...announced at COMDEX in November 1986," remembers Wikipedia, saying it runs many MS-DOS titles (though it's optimized for the Intel 80386 processor).

Today Slashdot user Roeland Jansen writes: After some tracking, racing and other stuff...PC-MOS/386 v5.01 is open source under GPLv3. Back in May he'd posted to a virtualization site that "I still have the source tapes. I want(ed) to make it GPL and while I got an OK on it, I haven't had time nor managed to get it legalized. E.g. lift the NDA and be able to publish."

1987 magazine ads described it as "the gateway to the latest technology...and your networking future," and 30 years later its release on GitHub includes sources and executables. "In concert with Gary Robertson and Rod Roark it has been decided to place all under GPL v3."
Government

Canadian Government Teams With Facebook To Protect Election Integrity (vice.com) 118

An anonymous reader quotes Motherboard: There are nearly as many Canadians who use Facebook daily as there are people in this country who are registered to vote -- which is why the federal government is working with Facebook to protect its next federal election... Facebook is now facing perhaps its biggest test as it looks to curb foreign electoral interference and the rampant disinformation on its platform, both of which undermine the nature of democracy. Facebook Canada's election integrity project includes a partnership with a local digital news media literacy organization MediaSmarts, as well as a "cyberhygiene guide" that highlights particular vulnerabilities such as phishing and page-admin authentication. Facebook also has a crisis email line to help politicians and parties with hacking concerns... Kevin Chan, Facebook Canada's head of public policy, said the social media company is working on preventing bad actors from interfering with the democratic process. "At Facebook we take our responsibilities seriously," Chan said. "We don't want anyone to use our tools to undermine democracy."
At the launch of "the Canadian Election Integrity Initiative," Canada's Minister of Democratic Institutions argued that social media sites "must begin to view themselves as actors in shaping the democratic discourse."

The article points out Facebook "has promised to hire thousands of workers globally to help review flagged and suspicious content, as well as use machine learning to identify suspicious patterns of behavior on its platform."
United States

US Government Warns Of 'Ongoing' Hacks Targeting Nuclear and Power Industries (reuters.com) 101

An anonymous reader quotes Reuters: The U.S government issued a rare public warning that sophisticated hackers are targeting energy and industrial firms, the latest sign that cyber attacks present an increasing threat to the power industry and other public infrastructure. The Department of Homeland Security and Federal Bureau of Investigation warned in a report distributed by email late on Friday that the nuclear, energy, aviation, water and critical manufacturing industries have been targeted along with government entities in attacks dating back to at least May. The agencies warned that hackers had succeeded in compromising some targeted networks, but did not identify specific victims or describe any cases of sabotage. The objective of the attackers is to compromise organizational networks with malicious emails and tainted websites to obtain credentials for accessing computer networks of their targets, the report said.
According to the report, the Department of Homeland Security "has confidence that this campaign is still ongoing and threat actors are actively pursuing their objectives over a long-term campaign."
Businesses

NYT Op-Ed Argues Amazon 'Took Seattle's Soul' (bendbulletin.com) 285

New York Times columnist Timothy Egan was part of the paper's Pulitzer Prize-winning team in 2001. Now he's written an op-ed arguing Amazon "took Seattle's soul." An anonymous reader writes: Since Amazon arrived "we've been overwhelmed by a future we never had any say over," Egan writes, with a message for cities competing to be the site of Amazon's next headquarters. Amazon now owns as much office space as Seattle's next 40 biggest employers combined, according to an analysis by the Seattle Times, "a mind-boggling 19 percent of all prime office space in the city, the most for any employer in a major U.S. city...more than twice as large as any other company in any other big U.S. city."

Egan notes Amazon is offering 50,000 high-paying jobs and $5 billion worth of investments, "a once-in-a-century, destiny-shaping event," but "You think you can shape Amazon? Not a chance. It will shape you... What comes with the title of being the fastest growing big city in the country, with having the nation's hottest real estate market, is that the city no longer works for some people. For many others, the pace of change, not to mention the traffic, has been disorienting... [M]edian home prices have doubled in five years, to $700,000. This is not a good thing in a place where teachers and cops used to be able to afford a house with a water view... As a Seattle native, I miss the old city, the lack of pretense, and dinner parties that didn't turn into discussions of real estate porn.

Wages have risen faster in Amazon's Seattle than anywhere else in America, and while Amazon changed the city's character, it also poured $38 billion into the city's economy. (Besides Amazon's own 40,000 employees, it also attracted another 50,000 new jobs.) "To the next Amazon lottery winner I would say, enjoy the boom," Egan concludes, "but be careful what you wish for."
China

YouTube Suspends Account of Popular Chinese Dissident (freebeacon.com) 154

schwit1 brings news about an exiled Chinese billionaire with 500,000 followers on YouTube. The Washington Free Beacon reports:YouTube has suspended the video account of popular Chinese dissident Guo Wengui amid a mounting pressure from the Beijing government to silence one of its critics. According to a person familiar with the action, YouTube issued what the company calls a 'strike' against Guo, who since the beginning of the year has created an online sensation by posting lengthy videos in which he reveals details of corruption by senior Chinese officials. The suspension involves a 90-day block on any new live-stream postings of videos and was the result of a complaint made against a recent Guo video for alleged harassment. The identity of the person or institution who issued the complaint could not be learned... Other videos by Guo posted prior to the suspension remain accessible.
The suspension coincides with this week's once-every-five-years congress of the Chinese Communist party to reveal which top officials will serve President Xi Jinping, according to Financial Times, adding that "China's choreographed politics is not designed for public participation or questioning."
Education

Code Bootcamp Fined $375K Over Employment Claims and Licensing Issues (arstechnica.com) 61

An anonymous reader quotes Ars Technica: [O]ne of the most prominent institutions, New York's Flatiron School, will be shelling out $375,000 to settle charges brought by New York Attorney General Eric Schneiderman's office. The AG said the school operated for a period without the proper educational license, and it improperly marketed both its job placement rates and the salaries of its graduates. New York regulators didn't find any inaccuracies in Flatiron's "outcomes report," a document the company is proud of. However, the Attorney General's office found that certain statements made on Flatiron's website didn't constitute "clear and conspicuous" disclosure.

For instance, Flatiron claimed that 98.5 percent of graduates were employed within 180 days of graduation. However, only by carefully reading the outcomes report would one find that the rate included not just full-time employees, but apprentices, contract workers, and freelancers. Some of the freelancers worked for less than 12 weeks. The school also reported an average salary of $74,447 but didn't mention on its website that the average salary claim only applied to graduates who achieved full-time employment. That group comprised only 58 percent of classroom graduates and 39 percent of those who took online courses.

The school's courses last 12 to 16 weeks, and cost between $12,000 and $15,000, according to a statement from the attorney general's office [PDF]. (Or $1,500 a month for an onine coding class). Eligible graduate can claim their share of the $375,000 by filing a complaint within the next thee months.
Businesses

Tech Companies To Lobby For Immigrant 'Dreamers' To Remain In US (reuters.com) 296

An anonymous reader quotes a report from Reuters: Nearly two dozen major companies in technology and other industries are planning to launch a coalition to demand legislation that would allow young, illegal immigrants a path to permanent residency, according to documents seen by Reuters. The Coalition for the American Dream intends to ask Congress to pass bipartisan legislation this year that would allow these immigrants, often referred to as "Dreamers," to continue working in the United States, the documents said. Alphabet Inc's Google, Microsoft Corp, Amazon.com Inc, Facebook Inc, Intel Corp, Uber Technologies Inc, IBM Corp, Marriott International Inc and other top U.S. companies are listed as members, one of the documents shows. The push for this legislation comes after President Donald Trump's September decision to allow the Deferred Action for Childhood Arrivals (DACA) program to expire in March. That program, established by former President Barack Obama in 2012, allows approximately 900,000 illegal immigrants to obtain work permits. Some 800 companies signed a letter to Congressional leaders after Trump's decision, calling for legislation protecting Dreamers. That effort was spearheaded by a pro-immigration reform group Facebook Chief Executive Mark Zuckerberg co-founded in 2013 called FWD.us.
Government

The US Government Keeps Spectacularly Underestimating Solar Energy Installation (qz.com) 151

Michael J. Coren reports via Quartz: Every two years, the U.S. Energy Information Administration (EIA), America's official source for energy statistics, issues 10-year projections about how much solar, wind and conventional energy the future holds for the U.S. Every two years, since the mid-1990s, the EIA's projections turn out to be wrong. Last year, they proved spectacularly wrong. The Natural Resources Defense Council, an environmental advocacy group, and Statista recently teamed up to analyze the EIA's predictions for energy usage and production. They found that the EIA's 10-year estimates between 2006 to 2016 systematically understated the share of wind, solar and gas. Solar capacity, in particular, was a whopping 4,813% more in 2016 than the EIA had predicted in 2006 it would be. To be fair, there is a caveat here: The prediction in 2006 was that 10 years hence the U.S. would be generating just 0.8 gigawatts (GW) of solar energy. With such a low baseline figure, any increase will look huge in percentage terms. Nonetheless, there is an unmistakable trend in the data: The EIA regularly underestimates the growth in renewables but overestimates U.S. fossil-fuel consumption, which some critics see as an attempt to boost the oil and gas industry.
Bitcoin

Software Developer Creates Personal Cryptocurrency (wired.com) 102

mirandakatz writes: If you want to pick Evan Prodromou's brain -- as many people often do -- you'll have to pay him. And not just a consulting fee: You'll have to pay him in his own personal cryptocurrency, dubbed Evancoin. Currently, 20 days after his Initial Coin Offering, a single Evancoin is worth $45. As Prodromou tells Scott Rosenberg at Backchannel, "I'm not above a stunt! But in this case I'm really serious about exploring how cryptocurrency is changing what we can do with money and how we think about it. Money is this sort of consensual hallucination, and I wanted to experiment around that." The story goes on to explain what, exactly, goes into creating a personal cryptocurrency, and whether Evancoin could becoming a phenomenon that spreads.
Education

Arkansas Will Pay Up To $1,000 Cash To Kids Who Pass AP Computer Science A Exam 105

theodp writes: The State of Arkansas will be handing out cash to high school students who pass an Advanced Placement test in computer science. "The purpose of the incentive program is to increase the number of qualifying scores (3, 4, or 5) on Advanced Placement Computer Science A exams," explained a press release for the Arkansas Advanced Placement Computer Science A Incentive Program (only 87 Arkansas public school students passed the AP CS A exam in 2016, according to College Board data). Gov. Asa Hutchinson added, "The Arkansas Department of Education's incentive for high scores on the AP Computer Science A exam is a terrific way to reward our students for their hard work in school. The real payoff for their hard work, of course, is when they show their excellent transcripts to potential employers who offer good salaries for their skills." The tiered monetary awards call for public school students receiving a top score of 5 on the AP CS A exam to receive $1,000, with another $250 going to their schools. Scores of 4 will earn students $750 and schools $150, while a score of 3 will result in a $250 payday for students and $50 for their schools. The program evokes memories of the College Board's Google-funded AP STEM Access program, which rewarded AP STEM teachers with a $100 DonorsChoose.org gift card for each student who received a 3, 4, or 5 on an AP exam. DonorsChoose.org credits were also offered later by tech-bankrolled Code.org and Google to teachers who got their students coding.
Media

Body Camera Giant Wants Police To Collect Your Videos Too (fastcompany.com) 61

tedlistens shares a report from Fast Company: Axon, the police supplier formerly known as Taser and now a leading maker of police body cameras, has also charged into police software with a service that allows police to manage and eventually analyze increasingly large caches of video, like a Dropbox for cops. Now it wants to add the public's video to the mix. An online tool called Citizen, set to launch later this year, will allow police to solicit the public for photos or video in the aftermath of suspected crimes and ingest them into Axon's online data platform. Todd Basche, Axon's executive vice president for worldwide products, said the tool was designed after the company conducted surveys of police customers and the public and found that potentially valuable evidence was not being collected. "They all pointed us to the need to collect evidence that's out there in the community."

[But] systems like Citizen still raise new privacy and policy questions, and could test the limits of already brittle police-community relations. Would Citizen, for instance, also be useful for gathering civilian evidence of incidents of police misconduct or brutality? [And how would ingesting citizen video into online police databases, like Axon's Evidence.com, allow police to mine it later for suspicious activity, in a sort of dragnet fashion?] "It all depends," says one observer, "on how agencies use the tool."

Security

Student Expelled After Using Hardware Keylogger to Hack School, Change Grades (bleepingcomputer.com) 136

Catalin Cimpanu, writing for BleepingComputer: Kansas University (KU) officials have expelled a student for installing a hardware keylogger and using the data acquired from the device to hack into the school's grading system and chang his grades. KU did not release the student's name to the public, but they said the keystroke logging device had been installed on one of the computers in its lecture halls. The student used data collected from the device to change F grades into A grades. Professors said the incident would not have been noticed if the student didn't get greedy about modifications. The hardware device the student used was a run-of-the-mill hardware keylogger that anyone can buy on Amazon or eBay for prices as low as $20. Speaking to local media, various KU professors said they hope not to see any copycats in the near future.
Businesses

Japan's SoftBank Says It Could Invest as Much As $880 Billion in Tech (recode.net) 42

SoftBank could commit as much as $880 billion to tech investments in the coming years, a gargantuan, unprecedented amount of cash that would amount to a seismic shift in tech-sector finance. From a report: "The Vision Fund was just the first step, 10 trillion yen ($88 billion) is simply not enough," CEO Masayoshi Son said in an interview with The Nikkei Asian Review that was published late Thursday. "We will briskly expand the scale. Vision Funds 2, 3 and 4 will be established every two to three years." Son's comment confirms a Recode report that his Vision Fund -- which is sinking $100 billion into the technology sector worldwide -- was only the first in a series of investments that he plans to make in young companies. "We are creating a mechanism to increase our funding ability from 10 trillion yen to 20 trillion yen to 100 trillion yen," Son told the outlet. That comes out to about $880 billion. Companies that SoftBank either completely owns or has major or minor stakes in include Vodafone Japan, Yahoo! Japan, India's Snapdeal, India's Ola, Sprint Corporation, and India's Flipkart. The company is expected to become a major stake holder in Uber as soon as next week.
Security

MasterCard Has Finally Realized That Signatures Are Obsolete and Stupid (fastcompany.com) 344

An anonymous reader shares a report: For years, credit card companies have relied on an illegible squiggly line as the frontline of defense against credit card fraud. Customers are forced to use a pen (how retro!) to scrawl their signature on bills at restaurants and sign digitally at cash registers -- as if somehow in the age of chips, PINs, biometrics, and online fraud alerts, a line on a page is still a great tool against fraud prevention. Personally, I have been known to sign on the dotted line with a doodle of a piece of tofu and no one has ever stopped me, because signatures mean very little in this digital age. Companies are finally seeing the light. Starting in April 2018, MasterCard cardholders will no longer be required to sign their name when they purchase something using their debit or credit cards. The company has been moving away from requiring signatures for a few years now, with only about 80% of purchases (typically over a certain dollar amount) requiring a signature these days. MasterCard did some digging, though, and per its press release, realized that most of their customers "believe it would be easier to pay and that checkout lines would move faster if they didn't need to sign when making a purchase."
Bitcoin

Bitcoin Nears $6,000 For the First Time (bloomberg.com) 120

Bitcoin closed in on another milestone Friday, as the digital currency approached $6,000 for the first time to put its gain in 2017 to above 500 percent. From a report: The push higher comes just three days after bitcoin suffered its biggest one-day drop in a month on rising concern that regulators are increasingly targeting digital currencies. It's added almost $500 in value in the past two days alone.
Microsoft

Microsoft's Market Value Hits a Dot-Com Era Milestone: $600 Billion (wsj.com) 101

An anonymous reader shares a report: Microsoft's value is returning to tech-bubble peaks. The software giant closed with a market value of $600 billion Thursday for the first time since January 2000, according to the Journal's Market Data Group. Shares rose 0.4 percent to $77.91, setting a fresh all-time high. For the year, Microsoft shares are up 25% and on track for their best year since 2013, as the firm continues its rebirth as a force in cloud-computing. The firm is the third-largest S&P 500 company in market value, trailing Apple (about $800 billion) and Google's parent company, Alphabet, (about $690 billion). In July, fellow technology and internet stalwarts Facebook and Amazon.com joined the trio as the only U.S.-listed companies valued at more than in the $500 billion. The last time Microsoft was over $600 billion back in 2000, it didn't stay there for long. The tech bubble would peak in March of that year, and the Nasdaq Composite Index wouldn't climb back to the level it reach that year until 2015.
Google

On the Google Book Scanning Project and the Library We Will Never See (theatlantic.com) 165

For a decade, Google's enormous project to create a massive digital library of books was embroiled in litigation with a group of writers who say it was costing them a lot of money in lost revenue. Even as Google notched a victory when a federal appeals court ruled that the company's project was fair use, the company quietly shut down the project. From an article published in April this year: Despite eventually winning Authors Guild v. Google, and having the courts declare that displaying snippets of copyrighted books was fair use, the company all but shut down its scanning operation. It was strange to me, the idea that somewhere at Google there is a database containing 25-million books and nobody is allowed to read them. It's like that scene at the end of the first Indiana Jones movie where they put the Ark of the Covenant back on a shelf somewhere, lost in the chaos of a vast warehouse. It's there. The books are there. People have been trying to build a library like this for ages -- to do so, they've said, would be to erect one of the great humanitarian artifacts of all time -- and here we've done the work to make it real and we were about to give it to the world and now, instead, it's 50 or 60 petabytes on disk, and the only people who can see it are half a dozen engineers on the project who happen to have access because they're the ones responsible for locking it up. But Google seems to be thinking ways to make use of it, it appears. Last month, it added a new feature to its search function that instantly connects you with eBook data from libraries near you. From a report: Now, every time you search for a book through Google, information about your local library rental options will be easily available. Yeah, that's right. Your local library not only still exists, but it has eBooks, which are things you can totally borrow (for free) online! Before, this perk was hidden somewhere deep within your local library's website -- assuming it had one -- but now these free literary wonders are all yours for the taking.
Education

Could VR Field Trips Replace the Real Thing? (theindychannel.com) 96

turkeydance shares a report from RTV6, which cites a new editorial in the journal Science that explores the question, "Could VR field trips replace the real thing?" Virtual field trips have been around for a while, but they used to be pretty boring: some photos, some text -- basically a Wikipedia entry. But they've come a long way. Nearpod and Google Expeditions let students immerse themselves in places they couldn't normally visit, like Antarctica or even Mars. These virtual field trips are safer and easier to organize than real outings, and they might soon be cheaper, too. Douglas McCauley, assistant professor of ecology at the University of California, Santa Barbara, says traditional field trips have already declined under budget constraints, so schools might be tempted to simply make a switch. McCauley says he's excited about the possibilities of VR. Taking students back to prehistoric times or forward to witness the results of climate change could be a powerful teaching tool.
Advertising

Senators Announce New Bill That Would Regulate Online Political Ads (theverge.com) 232

An anonymous reader quotes a report from The Verge: As tech companies face continued scrutiny over Russian activity on their ad platforms, Senators today announced legislation meant to regulate political ads on the internet. The new bill, called the Honest Ads Act, would require companies like Facebook and Google to keep copies of political ads and make them publicly available. Under the act, the companies would also be required to release information on who those ads were targeted to, as well as information on the buyer and the rates charged for the ads. The new rules would bring disclosure rules more in line with how political ads are regulated in mediums like print and TV, and apply to any platform with more than 50 million monthly viewers. The companies would be required to keep and release data on anyone spending more than $500 on political ads in a year. It's unclear how well the bill will fare. Companies like Facebook have been successfully fighting regulations for years. But this latest attempt has some bipartisan support: the act, sponsored by Sen. Amy Klobuchar (D-MN) and Sen. Mark Warner (D-VA) is also co-sponsored by Sen. John McCain (R-AZ). "Americans deserve to know who's paying for the online ads," Klobuchar said at a press conference announcing the legislation.
The Almighty Buck

Amazon Spends $350K On Seattle Mayor's Race (jeffreifman.com) 62

reifman writes: Until this summer, Amazon had never contributed more than $15,000 to a city political campaign in Seattle, but this year's different. The company is a lead funder in the Seattle Chamber of Commerce's PAC which dropped $525,000 Monday on Jenny Durkan's PAC, the centrist business candidate. Her opponent Cary Moon is an advocate for affordable housing, which complicates Amazon's growth, and city-owned community broadband. Comcast and Century Link joined Amazon contributing $25,000 and $82,500 respectively to the Chamber's PAC. Amazon's $350,000 contribution represents .00014 of its CY 2016 net profit.

Slashdot Top Deals