The Almighty Buck

How a PhD Student Unlocked 1 Bitcoin Hidden In DNA (vice.com) 58

dmoberhaus writes: A 26-year-old Belgian PhD student named Sander Wuytz recently solved a 3-year-old puzzle that had locked the private key to 1 Bitcoin in a strand of synthetic DNA. Motherboard spoke with the student about how they managed to crack the puzzle, just days before it was set to expire. From the report: "As detailed by Nick Goldman, a researcher at the European Bioinformatics Institute, in his pioneering Nature paper on DNA storage, to encode information into DNA you take a text or binary file and rewrite it in base-3 (so rather than just ones and zeroes, there are zeroes, ones, and twos). This is then used to encode the data in the building blocks of life, the four nucleobases cytosine, thymine, adenine and guanine. As Wuyts explained to me, coding the data as nucleobases depended upon which nucleobase came before. So, for instance, if the previous base was adenine and the next pieces of data is a 0, it is coded as cytosine. If the next piece of data is a 1, it's coded as guanine, and so on. After the data is encoded as synthetic DNA fragments, these fragments are used to identify and read the actual files stored in the DNA. In the case of the Bitcoin challenge, there were a total of nine files contained in the DNA fragments. The files were encrypted with a keystream, which is a random series of characters that is included with the actual plain text message to obfuscate its meaning. The keystream code had been provided by Goldman in a document explaining the competition.

After running the code, Wuyts was able to combine the DNA fragments in the correct order to form one long piece of DNA. After working out some technical kinks, Wuyts was able to convert the DNA sequence into plain text, revealing the private key and unlocking the bitcoin (as well as some artefacts, including a drawing of James Joyce and the logo for the European Bioinformatics Institute). He had cracked the puzzle just five days before it was set to expire."

The Courts

Kim Dotcom Sues New Zealand For $6.8 Billion In Damages Over Erroneous Arrest (torrentfreak.com) 216

An anonymous reader quotes a report from the BBC: Kim Dotcom, the founder of file-sharing site Megaupload, is suing the New Zealand government for billions of dollars in damages over his arrest in 2012. The internet entrepreneur is fighting extradition to the U.S. to stand trial for copyright infringement and fraud. Mr Dotcom says an invalid arrest warrant negated all charges against him. He is seeking damages for destruction to his business and loss of reputation. Accountants calculate that the Megaupload group of companies would be worth $10 billion today, had it not been shut down during the raid. As he was a 68% shareholder in the business, Mr Dotcom has asked for damages going up to $6.8 billion. He is also considering taking similar action against the Hong Kong government. As stated in documents filed with the High Court, Mr Dotcom is also seeking damages for: all lost business opportunities since 2012, his legal costs, loss of investments he made to the mansion he was renting, his lost opportunity to purchase the mansion, and loss of reputation.
The Internet

New York Governor Signs Executive Order To Keep Net Neutrality Rules After FCC's Repeal (theverge.com) 131

New York Governor Andrew Cuomo announced today that he has signed an executive order that would require internet service providers with state contracts to abide by net neutrality rules, even though the FCC recently voted to repeal those rules last month. Cuomo's announcement comes a couple days after Montana's governor signed essentially the same order. The Verge reports: [Both executive orders] require service providers with contracts to abide by the widely agreed upon tenets of net neutrality: no blocking, throttling, or otherwise favoring content. But the more populous New York could now become a key battleground over net neutrality. According to the order, any service provider receiving or renewing a contract after March 1st in New York will be required to sign an agreement saying they will adhere to net neutrality principles. Major companies, including Verizon and AT&T, have signed contracts with the state. That, however, doesn't mean the executive order will stand. When it passed its repeal of net neutrality rules late last year, the FCC specifically included a provision blocking states from passing their own rules. New York, like other states that attempt similar plans, will likely face a legal challenge.
Communications

'Memes Have Rights Too': Grumpy Cat Wins $710,000 In Copyright Lawsuit (thewrap.com) 62

Zorro shares a report from TheWrap: The Grumpy Cat Limited company was awarded $710,001 in damages on Monday when a California jury decided that the beverage company Grenade was guilty of infringing on its copyright and trademark. Grumpy Cat Limited, formed by Tabatha Bundesen to monetize the viral fame of her sour-faced cat (real name, Tardar Sauce), sued Grenade in 2015, claiming the company used the cat's image on several of its products, despite only having the rights to sell a line of iced coffees called "Grumpy Cat Grumppuccino." The Grumpy Cat image appeared on Grenade's roasted coffee line and tee-shirts, neither of which were part of the original deal. Grenade filed its own countersuit, claiming Grumpy Cat didn't hold up its end of the bargain and failed to promote the brand as outlined under the terms of the deal. However, the jury wasn't moved by its argument and ultimately decided in favor of the meme. "It's important precedent when you have something like a meme online," David Jonelis of Lavely & Singer, Grumpy Cat's lawyer, told TheWrap. "It's the first verdict ever rendered in favor of a viral meme. Memes have rights too."
AT&T

AT&T Calls For Net Neutrality Laws After Fighting To End FCC Rules (engadget.com) 126

Few people would call AT&T a champion of net neutrality, but that isn't stopping it from trying to claim the title. From a report: CEO Randall Stephenson has posted an open letter calling on Congress to write an "Internet Bill of Rights" that enforces "neutrality, transparency, openness, non-discrimination and privacy protection" for American internet users. They would not only defend consumer rights, Stephenson argues, but establish "consistent rules of the road" that give internet companies and telecoms an idea of what they can expect. The company chief also insisted that AT&T honored an open internet and doesn't block, throttle or otherwise hinder access to content.

The problem, as you might suspect, is what the company isn't saying. The US already had protections for net neutrality that do what it's asking for, but AT&T and other telecoms have spent years fighting net neutrality regulation whenever it comes up. The carrier spent over $16 million in lobbying just in 2017, and it maintained its anti-regulatory stance throughout the FCC's repeal process.

Businesses

Tax Change Aims to Lure Intellectual Property Back to the US (wsj.com) 186

U.S. companies rich in intellectual property are looking at a new tax-friendly regime: the U.S (Editor's note: the link may be paywalled; alternative source). From a report: A provision in the newly revised U.S. tax code slashes the income tax companies pay on royalties from the overseas use of intellectual property or so-called intangible assets, such as licenses and patents. The new tax break, for what is dubbed foreign-derived intangible income, effectively reduces tax on foreign income from goods and services produced in the U.S. using patents and other intellectual property to 13.125% until the end of 2025, after which the rate rises to 16.4%. Previously, royalties paid to a unit in the U.S. would have been taxed similarly to other U.S. income, for which the top corporate tax rate was 35%. The new headline corporate rate is 21%. The deduction is meant to induce companies with large U.S. operations and significant foreign income from patent royalties to base more of those assets in the U.S. Such companies, especially in technology and pharmaceutical sectors, often hold foreign rights for their IP in a company based in a low-tax country.
Security

NSA Deletes 'Honesty' and 'Openness' From Core Values (theintercept.com) 263

An anonymous shares a report: The National Security Agency maintains a page on its website that outlines its mission statement. But earlier this month, the agency made a discreet change: It removed "honesty" as its top priority. Since at least May 2016, the surveillance agency had featured honesty as the first of four "core values" listed on NSA.gov, alongside "respect for the law," "integrity," and "transparency." The agency vowed on the site to "be truthful with each other." On January 12, however, the NSA removed the mission statement page -- which can still be viewed through the Internet Archive -- and replaced it with a new version. Now, the parts about honesty and the pledge to be truthful have been deleted. The agency's new top value is "commitment to service," which it says means "excellence in the pursuit of our critical mission." Those are not the only striking alterations. In its old core values, the NSA explained that it would strive to be deserving of the "great trust" placed in it by national leaders and American citizens. It said that it would "honor the public's need for openness." But those phrases are now gone; all references to "trust," "honor," and "openness" have disappeared.
EU

EU Fines Qualcomm $1.2 Billion for Paying Apple To Use Its Microchips (apnews.com) 112

The European Union on Wednesday slapped a $1.23 billion fine on U.S. chipmaker Qualcomm for abusing its market dominance in the lucrative sector of components in smartphones and tablets for half a decade. From a report: EU Commissioner Margrethe Vestager said that San Diego-based Qualcomm "illegally shut out rivals from the market" for more than five years by paying key customer Apple to not use chips made by Qualcomm's rivals. Vestager said Qualcomm paid "billions of dollars" to Apple and in the process helped establish itself as the dominant force.
Youtube

YouTube's Support for Musicians Comes With a Catch (bloomberg.com) 41

YouTube has asked musicians to agree not to disparage the streaming-video service in exchange for promotional support, Bloomberg reports, citing people familiar with the matter. From the report: In recent months, YouTube has given a handful of musicians a couple hundred thousand dollars to produce videos and promoted their work on billboards, part of a larger campaign to improve the site's relationship with the music industry. Yet such support comes with a catch, with some musicians required to promise the won't say negative things about YouTube, said the people, who asked not to be identified discussing private business transactions. Non-disparagement agreements are common in business, but YouTube's biggest direct competitors in music don't require them, the people said.
Australia

1.7-Billion-Year-Old Chunk of North America Found Sticking To Australia (livescience.com) 122

walterbyrd shares a report from Live Science: Geologists matching rocks from opposite sides of the globe have found that part of Australia was once attached to North America 1.7 billion years ago. Researchers from Curtin University in Australia examined rocks from the Georgetown region of northern Queensland. The rocks -- sandstone sedimentary rocks that formed in a shallow sea -- had signatures that were unknown in Australia but strongly resembled rocks that can be seen in present-day Canada. The researchers, who described their findings online Jan. 17 in the journal Geology, concluded that the Georgetown area broke away from North America 1.7 billion years ago. Then, 100 million years later, this landmass collided with what is now northern Australia, at the Mount Isa region.

"This was a critical part of global continental reorganization when almost all continents on Earth assembled to form the supercontinent called Nuna," Adam Nordsvan, Curtin University doctoral student and lead author of the study, said in a statement. Nordsvan added that Nuna then broke apart some 300 million years later, with the Georgetown area stuck to Australia as the North American landmass drifted away.

Google

Official: No One Is Going To Win the Google Lunar X Prize Competition (theverge.com) 33

The X Prize Foundation announced today that no one is going to win the foundation's competition to send a spacecraft to the Moon. "Only five finalists remained in the Google-sponsored Lunar X Prize competition, and in order to win any grand prize money, the teams had to launch and complete their missions to the Moon before March 31st, 2018," reports The Verge. "But with only two months until the deadline, no team is ready to launch, so Google will keep the prize money instead." From the report: The Google Lunar X Prize was established in 2007 as a way to help lower the cost of getting to space. So far, only government agencies have landed on the lunar surface, with missions that have cost many millions and even billions of dollars. That's why the X Prize Foundation, which sets up global competitions, challenged teams with developing and launching robotic lunar landers using mostly private funding. The idea was to make them come up with creative methods for getting to the Moon on the cheap. Landing on the lunar surface was only part of the challenge. Teams had to travel up to 1,640 feet (500 meters) on the Moon too, as well as do live broadcasts. The first to fulfill all these requirements before the deadline would receive $20 million, while the second place team would get $5 million. Other smaller purses would be awarded to teams that did special tasks, such as completing an orbit around the Moon before landing. "As a result of this competition, we have sparked the conversation and changed expectations with regard to who can land on the Moon," the X Prize Foundation said in its statement. "Many now believe it's no longer the sole purview of a few government agencies, but now may be achieved by small teams of entrepreneurs, engineers, and innovators from around the world." A Google spokesperson also told CNBC that the company is "thrilled with the progress made by these teams over the last ten years."
Earth

Half-Assed Solar Geoengineering Is Worse Than Climate Change Itself (vice.com) 164

New submitter beccaf writes: Ecologists and climate scientists investigated the consequences of rapid initiation of solar geoengineering (pumping sulfuric aerosols into the atmosphere) in 2020 and then rapid termination of this solar geoengineering fifty years later. It provides only short-term benefits to biodiversity, and, if stopped abruptly, temperatures will soar faster than they would with climate change alone and the consequences to all living things will be even worse than if humans had never interfered in Earth's natural processes at all. The study has been published in the journal Nature Ecology & Evolution. Rebecca Flowers via Motherboard summarizes the effects of solar geoengineering, according to research conducted by Christopher Trisos, an ecologist at the National Socio-Environmental Synthesis Center, and his colleagues: "Initially, organisms stop having to change habitats in response to rising temperatures. Highly mobile species that had already moved, like migratory birds, might return to their original ecosystems, and species that were too slow to move before, like corals, have a higher chance of survival than they did before the geoengineering project began. After mere decades, though, living things in highly biodiverse areas like the Amazon Basin have to start moving again, as much as they would have to in a non-geoengineering scenario."

"Suddenly, it's 2070," Flowers continues. "Governments begin to disagree on how to handle climate change, and, besides, they can no longer afford to pump aerosols into the atmosphere. As a result, we stop pumping aerosols into the atmosphere. Then things really go to hell. The amount of warming that would have happened without geoengineering over fifty years is essentially squished into a decade..."

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