An anonymous reader quotes a report from NPR: It's Dr. Francis Collins' last few weeks as director of the National Institutes of Health after 12 years, serving under three presidents. Collins made his name doing the kind of biomedical research NIH is famous for, especially running The Human Genome Project, which fully sequenced the human genetic code. The focus on biomedicine and cures has helped him grow the agency's budget to over $40 billion a year and win allies in both political parties.

Still, in a broad sense, Americans' health hasn't improved much in those 12 years, especially compared with people in peer countries, and some have argued the agency hasn't done enough to try to turn these trends around. One recently retired NIH division director has quipped that one way to increase funding for this line of research would be if "out of every $100, $1 would be put into the 'Hey, how come nobody's healthy?' fund."

In a wide-ranging conversation, Collins answers NPR's questions as to why -- for all the taxpayer dollars going to NIH research -- there haven't been more gains when it comes to Americans' overall health. He also talks about how tribalism in American culture has fueled vaccine hesitancy, and he advises his successor on how to persevere on research of politically charged topics -- like guns and obesity and maternal health -- even if powerful lobbies might want that research not to get done. In regard to Americans not getting healthier over the last 12 years, NPR asked Collins why there haven't been more gains and what role NIH should play in understanding these trends and trying to turn them around. Here's what he said: Well, sure, it does bother me. In many ways, the 28 years I have been at NIH have just been an amazing ride of discoveries upon discoveries. But you're right, we haven't seen that translate necessarily into advances. Let's be clear, there are some things that have happened that are pretty exciting. Cancer deaths are dropping every year by 1 or 2%. When you add that up over 20 years, cancer deaths are down by almost 25% from where they were at the turn of the century. And that's a consequence of all the hard work that's gone into developing therapeutics based on genomics, as well as immunotherapy that's made a big dent in an otherwise terrible disease.

But we've lost ground in other areas, and a lot of them are a function of the fact that we don't have a very healthy lifestyle in our nation. Particularly with obesity and diabetes, those risk factors have been getting worse instead of better. We haven't, apparently, come up with strategies to turn that around. On top of that, the other main reason for seeing a drop in life expectancy -- other than obesity and COVID -- is the opioid crisis. We at NIH are working as fast and as hard as we can to address that by trying to both identify better ways to prevent and treat drug addiction, but also to come up with treatments for chronic pain that are not addictive, because those 25 million people who suffer from chronic pain every day deserve something better than a drug that is going to be harmful.

In all of these instances, as a research enterprise -- because that's our mandate -- it feels like we're making great progress. But the implementation of those findings runs up against a whole lot of obstacles, in terms of the way in which our society operates, in terms of the fact that our health care system is clearly full of disparities, full of racial inequities. We're not -- at NIH -- able to reach out and fix that, but we can sure shine a bright light on it and we can try to come up with pilot interventions to see what would help.

Inequality has remained persistently high for decades, and a new report shows just how stark the divide is between the richest and poorest people on the planet. Insider reports: The 2022 World Inequality Report, a huge undertaking coordinated by economic and inequality experts Lucas Chancel, Thomas Piketty, Emmanuel Saez, and Gabriel Zucman, was the product of four years of research and produced an unprecedented data set on just how wealth is distributed. "The world is marked by a very high level of income inequality and an extreme level of wealth inequality," the authors wrote. The data serves as a complete rebuke of the trickle-down economic theory, which posits that cutting taxes on the rich will "trickle down" to those below, with the cuts eventually benefiting everyone.

They argue in the new report that the last two decades of wealth data show that "inequality is a political choice, not an inevitability." For instance, when it comes to wealth, which accounts for the values of assets people hold, researchers found that the "poorest half of the global population barely owns any wealth at all." That bottom half owns just 2% of total wealth. That means that the top half of the world holds 98% of the world's wealth, and that gets even more concentrated the wealthier you get. Indeed, the richest 10% of the world's population hold 76%, or two-thirds of all wealth. That means the 517 million people who make up the top hold vastly more than the 2.5 billion who make up the bottom. The world's policy choices have led to wealth trickling up rather than down.

One group in particular has seen its share of global wealth swell. The report notes that "2020 marked the steepest increase in global billionaires' share of wealth on record." Broadly, the number of billionaires rose to a record-number in 2020, with Wealth-X finding that there are now over 3,000 members of the three-comma club. Billionaire gains are a well-documented trend: The left-leaning Institute for Policy Studies and Americans for Tax Fairness found that Americans added $2.1 trillion to their wealth during the pandemic, a 70% increase. Some of the solutions that the authors propose to help alleviate this disparity center around taxation. "It would be completely unreasonable not to ask more to top wealth-holders in the future, especially in light of the social, developmental and environmental challenges ahead," they write.

That means expanding wealth taxes like property taxes to all different types of wealth, and to make taxes progressive -- meaning they increase with net worth.

The United Arab Emirates will shift to a working week of four and half days with a Saturday-Sunday weekend from the start of next year to better align its economy with global markets, but private companies will be free to choose their own working week. From a report: The oil-producing Gulf state, the region's commercial, trade and tourism hub, currently has a Friday-Saturday weekend. From Jan. 1, however, the weekend will start on Friday afternoon, including for schools, a government circular said. "Each company, depending on the sector they operate in and what suits and serves their business best, can choose the weekend they decide for their employees," Minister of Human Resources and Emiratisation Abdulrahman al-Awar told Reuters. Over the past year, the UAE has taken measures to make its economy more attractive to foreign investment and talent at a time of growing economic rivalry with Saudi Arabia.

An anonymous reader quotes a report from Motherboard: There's a long-running conspiracy theory among a small number of cryptocurrency enthusiasts that Bitcoin's anonymous inventor, Satoshi Nakamoto, was actually the CIA or another three-lettered agency. That fringe theory is having a fresh day in the sun after CIA Director William Burns said on Monday that the intelligence agency has "a number of different projects focused on cryptocurrency" on the go. Burns made his comments at the tail end of a talk at the Wall Street Journal's CEO Summit. After discussing everything from the possible Russian invasion of Ukraine to the challenges of space, someone in the audience asked if the agency is on top of cryptocurrencies, which are currently at the center of the ransomware epidemic that U.S. officials are attempting to get a handle on and stamp out.

Here's what Burns said: "'This is something I inherited. My predecessor had started this, but had set in motion a number of different projects focused on cryptocurrency and trying to look at second- and third-order consequences as well and helping with our colleagues in other parts of the U.S. government to provide solid intelligence on what we're seeing as well.'" Cryptocurrencies "could have enormous impact on everything from ransomware attacks, as you mentioned, because one of the ways of getting at ransomware attacks and deterring them is to be able to get at the financial networks that so many of those criminal networks use and that gets right at the issue of digital currencies as well," Burns said.

Reeses writes: The Debrief just reported that DARPA just "accidentally" created the world's first warp bubble. From the article:

Warp drive pioneer and former NASA warp drive specialist Dr. Harold G "Sonny" White has reported the successful manifestation of an actual, real-world "Warp Bubble." And, according to White, this first of its kind breakthrough by his Limitless Space Institute (LSI) team sets a new starting point for those trying to manufacture a full-sized, warp-capable spacecraft.

There's also a video of the announcement, The Very First Warp-Bubble Created by DARPA Funded Team.

Karl Bode, reporting for TechDirt: Back in 2008, Verizon proclaimed that we didn't need additional consumer privacy protections (or opt in requirements, or net neutrality rules) because consumers would keep the company honest. "The extensive oversight provided by literally hundreds of thousands of sophisticated online users would help ensure effective enforcement of good practices and protect consumers," Verizon said at the time.

Six years later and Verizon found itself at the heart of a massive privacy scandal after it began covertly injecting unique user-tracking headers into wireless data packets. The technology allowed Verizon to track users all over the internet, and the company neither bothered to inform users it would happen, or gave users any way to opt out. It took security researchers two years before security researchers even realized what Verizon was doing. Verizon ultimately received a $1.35 million fine from the FCC (a tiny portion of what Verizon made off the program), but still uses the same tech (albeit with functioning opt-out) today.

A few years later and it's not clear Verizon has actually learned all that much. The company last week began expanding its data collection and monetization once again, this time via a new "Verizon Custom Experience" the company says will help it "personalize our communications with you, give you more relevant product and service recommendations, and develop plans, services and offers that are more appealing to you." In reality that means Verizon is expanding the collection of data on the websites you visit, the people you communicate with, and the apps you use.

Airliners, private planes and helicopters may have to limit landings in low-visibility conditions and follow other restrictions under a government directive to ensure safe operations once a new band of 5G mobile-phone service starts in January. From a report: The Federal Aviation Administration on Tuesday issued two orders laying out potential flight restrictions that could cause severe restrictions at major airports during bad weather.

"The FAA is working closely with the Federal Communications Commission and wireless companies, and has made progress toward safely implementing the 5G expansion," the FAA said in a statement. "We are confident with ongoing collaboration we will reach this shared goal." The agency said in a press release that it believes "the expansion of 5G and aviation will safely co-exist" and stopped short of specific restrictions. But the two airworthiness directives lay the groundwork for what could be severe limitations across the nation's aviation system if the regulator believes the signals -- from a part of the spectrum called the "C-Band" that the mobile carriers have procured to expand their service -- threaten safety.

The Senate voted 68-31 to confirm Federal Communications Commission Chair Jessica Rosenworcel, the first woman to hold that title, to another five-year term, narrowly avoiding a Republican majority at the agency once her current term was set to expire at the end of the year. From a report: Rosenworcel gained the support of key Republicans, including Senate Commerce Committee Ranking Member Roger Wicker, R-Miss. President Joe Biden waited a historically long period to nominate Rosenworcel as well as former FCC official Gigi Sohn to a commissioner role. That prolonged period threatened to temporarily give the two Republicans on the commission a majority, since Rosenworcel would have had to leave the commission at the New Year if she was not confirmed to another term by then. While the role of acting chair, which sets the agenda for the agency, would go to the remaining Democrat on the commission until a permanent chair could be confirmed, the agency would likely not have been able to push forward anything but the most bipartisan of measures. Even with Rosenworcel's confirmation, the commission is set to remain stalemated on more controversial issues until a fifth commissioner is confirmed. Biden has signaled a desire to return to the net neutrality rules adopted by the FCC during the Obama administration, which were later repealed by the agency under former President Donald Trump. Republicans on the commission have continued to signal opposition to reclassifying broadband providers under Title II of the Communications Act of 1934, which the industry has argued would unfairly open the possibility of price regulation of their services. Companies subject to the reclassification included internet service providers like AT&T, Verizon and Comcast, parent company of CNBC owner NBCUniversal.

Newspapers all over the country have been quietly filing antitrust lawsuits against Google and Facebook for the past year, alleging the two firms monopolized the digital ad market for revenue that would otherwise go to local news. From a report: What started as a small-town effort to take a stand against Big Tech has turned into a national movement, with over 200 newspapers involved across dozens of states. "The intellectual framework for this developed over the last 3-4 years," said Doug Reynolds, managing partner of HD Media, a holding company that owns several West Virginia newspapers, including the Charleston Gazette-Mail. Reynolds, along with a group of lawyers, filed the first newspaper lawsuit of this kind in January in West Virginia. As a part of the first lawsuit, Reynolds worked with a coalition of lawyers that has agreed to represent newspapers all over the country looking to file similar lawsuits. The lawyers include experts in antitrust litigation and lawyers with a personal interest in newspapers from Farrell and Fuller, Fitzsimmons Law Firm, Robbins Geller Rudman & Dowd LLP and Herman Jones LLP.

Senior Biden administration officials met in Silicon Valley on Monday with key technology and cybersecurity companies as part of a push for more help from the private sector in fending off increasingly aggressive hackers working for adversarial regimes and criminal gangs. From a report: Homeland Security Secretary Alejandro Mayorkas, Cybersecurity and Infrastructure Security Agency Director Jen Easterly, National Cyber Director Chris Inglis and other officials met with executives from 13 companies, including Google, networking vendor Juniper Networks and security firm Mandiant. Their aim was to deepen relationships between government and industry that security professionals see as vital for protecting the nation's critical infrastructure. The government already has strong relationships with some companies, such as Microsoft, that routinely warn officials about cyberattacks and help neutralize them. But Monday's meeting is part of a charm offensive aimed at growing the ranks of the government's industry allies and improving how efficiently they work together. These partnerships could offer the Biden administration a new weapon against ransomware -- one that doesn't rely on cooperation from Russian President Vladimir Putin, whose nation shelters many ransomware operators and with whom Biden is set to discuss cyber and other issues on Tuesday.

An anonymous reader quotes a report from Bloomberg: The Australian computer scientist who claims he invented Bitcoin was told by a U.S. jury to pay $100 million in damages over claims that he cheated a deceased friend over intellectual property for the cryptocurrency. Jurors in Miami federal court took about a week to reach Monday's verdict, following about three weeks of trial. The jury rejected most claims against Craig Wright and the outcome probably won't resolve the debate over whether Wright is the mythical creator of the peer-to-peer currency, Satoshi Nakamoto.

The brother of Dave Kleiman, a computer security expert who died in 2013, alleged that the late Florida man worked with Wright to create and mine Bitcoin in its early years. As a result, the plaintiffs claimed the estate was entitled to half of a cache of as many as 1.1 million Bitcoins worth some $70 billion, which are thought to be held by Satoshi. Some cryptocurrency investors see Wright as a fake, and years-long litigation in Florida has done little to quiet the skeptics. Wright has declared many times in court that he invented Bitcoin, as he has previously in news interviews. Had the jury's verdict gone against Wright, that would have forced to him to produce the Satoshi fortune. To some observers, that would have been the true test.

"Many years ago, Craig Wright told the Kleiman family that he and Dave Kleiman developed revolutionary Bitcoin based intellectual property," he said in a statement. "Despite those admissions, Wright refused to give the Kleimans their fair share of what Dave helped create." The jury found Wright liable for conversion -- the illegal taking of property -- and awarded damages to W&K Info Defense Research LLC, the entity through which Kleiman and Wright are supposed to have done work together. In closing arguments to the jury, Freedman said Wright schemed and connived to "steal from his dead best friend with forgery and lies." The estate claimed that in addition to the Bitcoin mining the friends did together, Kleiman helped Wright create the intellectual property behind early blockchain technology worth $252 billion. Wright contended that the claims by Dave Kleiman's brother, Ira, were fabricated. He testified that his friend didn't help him launch the cryptocurrency and argued there was no paper trail showing that they had a partnership.

An indestructible "black box" is set to be built upon a granite plain on the west coast of Tasmania, Australia, in early 2022. Its mission: Record "every step we take" toward climate catastrophe, providing a record for future civilizations to understand what caused our demise, according to the Australian Broadcasting Corporation. From a report: The project, led by marketing communications company Clemenger BBDO in collaboration with University of Tasmania researchers, is currently in beta and has already begun collecting information at its website. The structure is designed to be about the size of a city bus, made of 3-inch-thick steel and topped with solar panels. Its interior will be filled with "storage drives" that gather climate change-related data such as atmospheric carbon dioxide levels and average temperatures. In addition, using an algorithm, it will scour the web for tweets, posts, news and headlines.

The developers estimate that storage will run out in 30 to 50 years, according to the ABC. There are plans to increase the storage capacity and provide a more long-term solution, but it's unclear how the structure will be maintained -- how its solar panels might be replaced before the end of civilization, how well those drives hold up after decades and how impervious the vault will be to vandalism or sabotage. Its remote location, around four hours from the closest major city, is one deterrent -- but will that be enough?

Mozilla has announced through its Mozilla Hacks blog that it plans to ship a 'novel sandboxing technology' called RLBox with Firefox 95 which it has been developing alongside researchers from the University of California San Diego and the University of Texas. From a report: It said RLBox makes it easier to isolate subcomponents of the browser efficiently and gives Mozilla more options than traditional sandboxing granted it. Mozilla said this new method of sandboxing, which uses WebAssembly to isolate potentially-buggy code, builds on a prototype that was shipped in Firefox 74 and Firefox 75 to Linux and Mac users respectively. With Firefox 95, RLBox will be deployed on all supported Firefox platforms including desktop and mobile to isolate three different modules: Graphite, Hunspell, and Ogg. With Firefox 96, two more modules, Expat and Woff2, will also be isolated.

WHO has been using the Greek alphabet to name coronavirus strains, but avoided two letters that presented problems. From a report: As health authorities around the world grappled with the emergence of a new strain of the coronavirus, virologists were struggling with a thorny question of their own: What should they name it? The World Health Organization has been using Greek letters to refer to the most widely prevalent coronavirus variants, which otherwise carry unwieldy scientific names. It had already gone through 12 letters of the Greek alphabet when a new variant called B.1.1.529 was detected. But the next two letters in the Greek alphabet, Nu and Xi, posed problems. The WHO said it had skipped them because Nu was too easily confused with "new," while Xi is a common surname. The body cited best practices for naming diseases that seek to avoid causing offense to any cultural, social, national, regional, professional or ethnic groups.

Xi ranked 296th last year among the most common family names in China, according to the government. The top 100 family names are used by about 85% of the population, official data show. The Xi surname is shared by Chinese President Xi Jinping. Until the practice of naming variants after characters in the Greek alphabet was adopted in May, new strains of the virus were commonly referred to by the country where they were first detected. The new system sought to avoid stigmatizing countries that discover new variants. And so what was known as the U.K. variant -- also the Kent variant after the English county where it was discovered -- became Alpha, while a strain detected in South Africa was named Beta. Another thought to have originated in Brazil was given the name Gamma, while Delta was one of the variants first found in India.

When cybersleuths traced the millions of dollars American companies, hospitals and city governments have paid to online extortionists in ransom money, they made a telling discovery: At least some of it passed through one of the most prestigious business addresses in Moscow. From a report: The Biden administration has also zeroed in on the building, Federation Tower East, the tallest skyscraper in the Russian capital. The United States has targeted several companies in the tower as it seeks to penalize Russian ransomware gangs, which encrypt their victims' digital data and then demand payments to unscramble it. Those payments are typically made in cryptocurrencies, virtual currencies like Bitcoin, which the gangs then need to convert to standard currencies, like dollars, euros and rubles.

That this high-rise in Moscow's financial district has emerged as an apparent hub of such money laundering has convinced many security experts that the Russian authorities tolerate ransomware operators. The targets are almost exclusively outside Russia, they point out, and in at least one case documented in a U.S. sanctions announcement, the suspect was assisting a Russian espionage agency. "It says a lot," said Dmitry Smilyanets, a threat intelligence expert with the Massachusetts-based cybersecurity firm Recorded Future. "Russian law enforcement usually has an answer: 'There is no case open in Russian jurisdiction. There are no victims. How do you expect us to prosecute these honorable people?'" Recorded Future has counted about 50 cryptocurrency exchanges in Moscow City, a financial district in the capital, that in its assessment are engaged in illicit activity. Other exchanges in the district are not suspected of accepting cryptocurrencies linked to crime.

Concerned about America's cybersecurity preparedness, the White House "is accelerating efforts to fill nearly 600,000 vacant cybersecurity positions in the public and private sectors bogging down efforts to protect digital infrastructure," reports Axios: Following a deluge of ransomware attacks targeting critical government and corporate infrastructure this year, clogs in the talent pipeline are leaving federal, cash-strapped local governments and Big Business even more susceptible to hacking. The issue has emerged repeatedly in Senate and House hearings but received little public attention until recently...

Microsoft...has pitched in by providing free cybersecurity curriculum to every public community college. A nonprofit, Public Infrastructure Security Cyber Education Systems, provides university students hands-on experience: monitoring real-time data on local government networks...

A job-tracking database funded by the Commerce Department shows there are nearly 600,000 U.S. cyber job openings nationwide.

The Department of Homeland Security recently launched a federal recruiting tool aimed at courting young, diverse talent. DHS currently has about 1,500 cybersecurity-related vacancies, affecting the agency's efforts to protect the homeland. A Senate audit found key agencies across the federal government continue to fail to meet basic cybersecurity standards, with eight of them earning a C- in the report.

Historically, local and federal government entities have struggled to compete with private sector companies, where bidding wars for talent are commonplace.

The hunting grounds are apparently widening for one of "nature's most effective predators" reports the New York Times, warning of "potentially significant consequences for animals up and down the food chain...."

"As sea ice has receded, killer whales — which are actually dolphins — are now venturing to parts of the sea that were once inaccessible, and spending more time in places they were once seen only sporadically," according to data presented by research scientist Brynn Kimber (who works in the National Oceanic and Atmospheric Administration's Marine Mammal Laboratory). Arctic sea ice has declined significantly in the four decades since satellite monitoring began. Roughly 75 percent of ice volume disappeared in the last 15 years alone, and the remaining ice is thinner and of poorer quality, said Amy Willoughby, a marine mammal biologist with NOAA's Alaska Fisheries Science Center. The loss of ice coupled with warming waters and atmospheric temperatures has affected every level of the Arctic ecosystem. Large mammals like polar bears have struggled to navigate shrinking habitats, while the marine algae at the base of the Arctic food chain blooms sooner and more abundantly than ever before.

In recent years, scientists have noticed similar upheaval in the behavior of the region's marine mammals. Orca are feasting more often on bowhead whales. Scientists and Indigenous Arctic communities have noted a growing number of bowhead whale carcasses in the northeastern Chukchi and western Beaufort seas with signs of orca attack....

"Killer whales are really intelligent," said Cory Matthews, a research scientist with the Arctic region of Fisheries and Oceans Canada. "They consume really fast. If a new area opens up, they can get in there maybe within the next year and exploit a prey population that could be perhaps really slow to respond to those changes."

"We have identified a large-scale security breach..." the official announcement begins.

CNBC reports: Hackers have taken $196 million from crypto trading platform BitMart, a security firm said Saturday.

BitMart confirmed the hack in an official statement Saturday night, calling it "a large-scale security breach" and writing that hackers withdrew about $150 million in assets. However, blockchain security and data analytics firm Peckshield estimates that the loss is closer to $200 million. BitMart added in a statement that all withdrawals had been temporarily suspended until further notice and said a thorough security review was underway.

Peckshield was the first to notice the breach on Saturday, noting that one of BitMart's addresses showed a steady outflow of tens of millions of dollars to an address which [Ethereum analytics platform] Etherscan referred to as the "BitMart Hacker."

Peckshield estimated that BitMart lost around $100 million in various cryptocurrencies on the ethereum blockchain and another $96 million from coins on the binance smart chain. The hackers made off with a mix of more than 20 tokens, including binance coin, safemoon, and shiba inu.
This comes on the heels of a $120 million cryptocurrency heist from BadgerDAO.

"The U.S. military has gone on the offensive against ransomware groups," reports CNET, "as U.S. companies increasingly become targets of malware attacks, the nation's top cyber defender acknowledged on Saturday." Up until about nine months ago, reining in ransomware attacks was seen as the responsibility of law enforcement agencies, Gen. Paul M. Nakasone, the head of U.S. Cyber Command and director of the National Security Agency, told the New York Times. But attacks like the ones on Colonial Pipeline and JBS beef plants have been "impacting our critical infrastructure," Nakasone said, leading federal agencies to ramp up the gathering and sharing of intelligence on ransomware groups....

Nakasone didn't describe the action taken or identify the groups targeted, but said one of the goals is to "impose costs" for ransomware groups. "Before, during and since, with a number of elements of our government, we have taken actions and we have imposed costs," Nakasone said. "That's an important piece that we should always be mindful of."

The Verge reports: On Wednesday night, someone drained funds from multiple cryptocurrency wallets connected to the decentralized finance platform BadgerDAO. According to the blockchain security and data analytics Peckshield, which is working with Badger to investigate the heist, the various tokens stolen in the attack are worth about $120 million.

While the investigation is still ongoing, members of the Badger team have told users that they believe the issue came from someone inserting a malicious script in the UI of their website. For any users who interacted with the site when the script was active, it would intercept Web3 transactions and insert a request to transfer the victim's tokens to the attacker's chosen address. Because of the transparent nature of the transactions, we can see what happened once the attackers pounced. PeckShield points out one transfer that yanked 896 Bitcoin into the attacker's coffers, worth more than $50 million.

According to the team, the malicious code appeared as early as November 10th, as the attackers ran it at seemingly random intervals to avoid detection....

One of the things Badger is investigating is how the attacker apparently accessed Cloudflare via an API key that should've been protected by two-factor authentication...

"Cryptocurrency was down by as much as 20% Saturday, hitting its lowest point in months," reports MarketWatch: Bitcoin, the largest cryptocurrency by market value, was down 18% at $46,571.84 at about 7 a.m. ET, according to data from CoinDesk. It temporarily dipped to $42,000 before bouncing back. Ether, the second-largest cryptocurrency, was down close to 16%.

The declines were widespread across the crypto universe. Other widely traded cryptocurrencies including Solana, Dogecoin, and Shiba Inu coin lost more than a fifth of their value.
Dogecoin now appears to be down more than 33%. According to the article, a "market insights" official at cryptolender Genesis Global Trading speculated that a large sell order might have triggered cryptocurrency margin calls and liquidations.

Meanwhile, the president of El Salvador gloated on Twitter that they'd snapped up 150 bitcoins at an average price of $48,670 each, bragging that "El Salvador just bought the dip!" MarketWatch reports.

"He later wrote that the country had 'Missed the f***ing bottom by 7 minutes,' followed by a laughing emoji."

An anonymous reader quotes a report from NPR: New rules approved by the Consumer Financial Protection Bureau that took effect on Tuesday dictate how collection agencies can email and text people as well as message them on social media to seek repayment for unpaid debts. Kathleen L. Kraninger, the former CFPB director who oversaw the rule changes, said last year that they were a necessary update to the Fair Debt Collection Practices Act, which is more than four decades old. "We are finally leaving 1977 behind and developing a debt collection system that works for consumers and industry in the modern world," Kraninger said in a blog post.

Under the new rules, debt collectors who contact you on social media have to identify themselves as debt collectors but can attempt to join your network by sending you a friend request. Collectors must give you the option to opt out of being contacted online, and any messages they send have to be private -- collectors can't post on your page if it can be seen by your contacts or the public. Collection agencies can also email and text message debtors, but must still offer the ability to opt out. Industry officials praised the move as a welcome change to the outdated methods currently used by the collections industry. The new rules were devised during the Trump administration, when the bureau became more business-friendly than it had been in the past. The new rules also set a limit for the first time on how often debt collectors can call you. Agencies will be restricted to seven calls per week per account in collection.

Zoom is rolling out a number of new updates for its video conferencing software and one of them might finally encourage users to ensure they're on time for their next big meeting. TechRadar reports: According to a new blog post from the company, Attendance Status makes it easier for organizations to streamline the start of their Zoom Meetings by allowing meeting hosts and co-hosts using its Google Calendar or Outlook Calendar integrations to view who has accepted or declined a meeting invite. However, this new feature also gives them the ability to see whether everyone invited to a meeting has joined. If you're used to arriving earlier for video calls, you should be fine but for those that try to slink in unnoticed later on in a meeting, your boss or manager will now be aware of your absence, so tread carefully. You'll also no longer be able to use the excuse that you had to update your Zoom client as Zoom recently added a new automatic update feature for Windows and macOS that ensures everyone in a meeting is running the latest version of the company's software. Zoom is also rolling out other new features, such as the ability for users to select multiple people to control the movements of slides in a presentation. They've also "added more options for creating polls including ranked responses, matching, short and long answers and even fill in the blank," adds TechRadar. "Finally, Zoom is adding additional watermark settings to its software to help organizations and individuals get the most out of their recorded content and avoid distracting watermarks."

Apple's iPhones of at least nine U.S. State Department employees were hacked by an unknown assailant using sophisticated spyware developed by the Israel-based NSO Group, Reuters reported Friday, citing people familiar with the matter. From the report: The hacks, which took place in the last several months, hit U.S. officials either based in Uganda or focused on matters concerning the East African country, two of the sources said. The intrusions, first reported here, represent the widest known hacks of U.S. officials through NSO technology. Previously, a list of numbers with potential targets including some American officials surfaced in reporting on NSO, but it was not clear whether intrusions were always tried or succeeded.

Wikipedia co-founder Jimmy Wales is selling a non-fungible token (or NFT) based on his first edit of the free encyclopedia. From a report: Auction house Christie's will hold a sale of the token from December 3rd to 15th, auctioning it alongside the Strawberry iMac Wales was using around Wikipedia's launch. The funds will go toward charitable causes and WT.Social, a donation-backed social network that Wales launched in 2019. Wales' NFT is effectively the keys to a very early version of Wikipedia, which debuted in January of 2001.

"What you see displayed is what Wikipedia looked like at the moment that I set up the software," he tells The Verge. The single page will be launched publicly on the web, and much like Wikipedia itself, anyone will be able to see and edit it. But all changes will revert after five minutes, returning it to its original state: a single edit reading "Hello, World!" following a long-held tradition of programming. The NFT, which is written to the Ethereum blockchain, encodes a smart contract that grants its buyer control over that website. The buyer can change the window for reverting edits, and if they really want, they can turn off editing or shut down the page. They can also take a completely hands-off approach and let Wales manage the page for them.

Two men have been indicted by a grand jury for running a massive YouTube Content ID scam that netted the pair more than $20m. TorrentFreak: Webster Batista Fernandez and Jose Teran managed to convince a YouTube partner that the pair owned the rights to 50,000+ tracks and then illegally monetized user uploads over a period of four years.

An anonymous reader quotes a report from Motherboard: AVN Stars, a platform where sex workers can sell porn clips, announced on Wednesday that it will no longer allow creators to monetize their content on the site beginning January 1. In a press release, Adult Video News wrote that discrimination from banks forced the decision. "Unfortunately, AVN and GayVN Stars has not been immune to the banking discrimination that so many of our industry friends have also encountered recently," AVN Media Network CEO Tony Rios said in the press release. "We have had numerous corporate accounts shuttered in the past year alone." Throughout December, models can keep selling content as usual. On January 1, however, all content on the site will be free.

"We lost probably 16 bank accounts this year. It's just exhausting," Rios told me in a phone call. "The adult industry has always had banking problems. I can think back to losing my first bank account in like, 1996. It's just par for the course. But I think that at this point, the stakes are so much higher, when you're talking 10's of 1000's of creators that really rely on this," he said. "You have these people that sit in these offices that are really disconnected from the banking relationships, that are just looking at patterns of transactions. They see, 'oh you sent $50,000 from here to Europe or whatever, what is this about?' And then they start Googling around and then they figure out it's the adult industry. Depending on that one person's judgment call, [platforms have to] start to tighten things down, and ultimately [banks] shut the account down. And then we just get a letter that says, 'We're sorry, we've made the decision to close your account.'" Some creators who use AVN Stars are angry over how the company went about notifying them of these changes. Nikki Kit, a dominatrix who uses AVN Stars, told Motherboard that the platform sent a direct message to creators on the platform, but only some creators received that message before the announcement was public. Kit said that learning about it this way infuriated her.

She said that this is a symptom of a larger problem in the industry. "People outside of the industry don't feel comfortable saying 'hey, what you're doing to these people is wrong,'" she said. "We're hidden away from society because the public is so uncomfortable talking about sex as a whole. Let alone discuss the porn they are viewing, or the health and happiness of the performers they enjoy seeing... I hope that people can get more comfortable discussing sex and sexuality openly, and quickly. Because if people can't even discuss sex or sexuality, how can we discuss the rights of the workers within the sex industry? How many people that watch porn are willing to not only admit that they watch or pay for their porn, but that they believe porn people deserve to be paid for their work?"

mrflash818 shares a report from PCMag: To avoid a lawsuit, Donald Trump's social media site is quietly acknowledging the computer code powering the platform comes from Mastodon. Trump's "Truth Social" site now features a dedicated section labeled "open source," which contains a Zip archive to Mastodon's source code. "Our goal is to support the open source community no matter what your political beliefs are. That's why the first place we go to find amazing software is the community and not 'Big Tech,'" the site adds. Truth Social created the section on Nov. 12, two weeks after social networking provider Mastodon threatened to sue Trump's platform for violating its open-source license.

Since Mastodon is an open-source software project, anyone can use it for free. But if you do, the software license demands the code and any ensuing modifications to your Mastodon-powered platform be made publicly available, allowing the entire Mastodon community to benefit. (This doesn't include publishing any user data or disclosing admin access, though.) [...] However, it appears the uploaded Zip archive is simply a barebones version of the existing Mastodon source code you can already find on GitHub. The archive itself is only a mere 30MB in size. Nevertheless, Rochko said the Zip archive might "become more interesting" once Truth Social finally launches.

The White House will unveil a group of countries next week that have pledged to work together to curb exports of technology that can be used by bad actors and repressive governments to violate human rights, senior administration officials said on Thursday. Reuters reports: The announcement, which will be made as part of U.S. President Joe Biden's Summit for Democracy, is aimed at addressing "the misuse of certain dual-use technologies that can lead to human rights abuses" and ensuring "critical and emerging technologies work for and not against democratic societies," the officials told reporters in a briefing call. The officials declined to name the countries that would join the group or the technologies or users targeted by it, but said members would develop and adopt a "written nonbinding code of conduct or statement of principles intended to guide the application of human rights criteria to export licensing policy." The officials singled out China as an example of a nation that has misused technology to control its population.

The Federal Trade Commission on Thursday sued to block Nvidia's $40 billion acquisition of a fellow chip company, Arm, halting one of the biggest semiconductor industry deals in history. From a report: The F.T.C. said the deal between Nvidia, which is based in California and makes chips, and Arm, a British company that designs chips, would stifle competition and harm consumers. The proposed deal would give Nvidia control over computing technology and designs that rival firms rely on to develop competing chips. "Tomorrow's technologies depend on preserving today's competitive, cutting-edge chip markets," said Holly Vedova, the director of the F.T.C.'s competition bureau. "This proposed deal would distort Arm's incentives in chip markets and allow the combined firm to unfairly undermine Nvidia's rivals." The companies announced the merger in September 2020 and said the merger would position the companies as leaders in semiconductors for artificial intelligence.

An anonymous reader shares a report: Vegan alternatives to leather could save more than just animals. The scientists behind fashion's new latest must-have -- the "mushroom leather" handbag -- believe that mycelium, a material grown from fungi which can be engineered to look and feel like calfskin or sheepskin, could help save the planet. Speaking to the Guardian before a talk at the Business of Fashion Voices conference in Oxfordshire, Dr Matt Scullin, CEO of biomaterials company MycoWorks, forecast that mushroom leather could be a sustainability gamechanger, "unlocking a future of design which begins with the material, not with the object."

Fine Mycelium, a patented material which can be grown from fungi in trays in a matter of weeks, replicates the appearance and feel of leather while outperforming it in strength and durability. The material recently made its high fashion debut as an exclusive HermÃs handbag. "It can give the same emotional response as an animal leather. It has that hand-feel of rarity," says Scullin. On a planet of finite natural resources, Scullin believes both the technology and the mindset of carbon-neutral, grown-to-order mushroom leather could be "revolutionary" -- and have implications for innovation in manufacture beyond fashion.

The US government's China Initiative sought to protect national security. In the most comprehensive analysis of cases to date, MIT Technology Review reveals how far it has strayed from its goals. Technology Review: A visiting researcher at UCLA accused of hiding his connection to China's People's Liberation Army. A hacker indicted for breaking into video game company servers in his spare time. A Harvard professor accused of lying to investigators about funding from China. And a man sentenced for organizing a turtle-smuggling ring between New York and Hong Kong. For years, the US Department of Justice has used these cases to highlight the success of its China Initiative, an effort to counter rising concerns about Chinese economic espionage and threats to US national security. Started in 2018, the initiative was a centerpiece of the Trump administration's hardening stance against China. Now, an investigation by MIT Technology Review shows that the China Initiative has strayed far from its initial mission. Instead of focusing on economic espionage and national security, the initiative now appears to be an umbrella term for cases with almost any connection to China, whether they involve state-sponsored hackers, smugglers, or, increasingly, academics accused of failing to disclose all ties to China on grant-related forms.

To date, only about a quarter of defendants charged under the initiative have been convicted, and about half of those defendants with open charges have yet to see the inside of an American courtroom. Although the program has become a top priority of US law enforcement and domestic counterintelligence efforts -- and an unusual one, as the first country-specific initiative -- many details have remained murky. The DOJ has not publicly defined the initiative or answered many basic questions about it, making it difficult to understand, let alone assess or exercise oversight of it, according to many civil rights advocates, lawmakers, and scholars. While the threat of Chinese intellectual property theft is real, critics wonder if the China Initiative is the right way to counteract it. Today, after months of research and investigation, MIT Technology Review is publishing a searchable database of 77 cases and more than 150 defendants. While likely incomplete, the database represents the most comprehensive accounting of the China Initiative prosecutions to date. Our reporting and analysis showed that the climate of fear created by the prosecutions has already pushed some talented scientists to leave the United States and made it more difficult for others to enter or stay, endangering America's ability to attract new talent in science and technology from China and around the world.

schwit1 writes: At least three U.S. federal agencies, including the military, have purchased China-made video surveillance equipment banned from use in the federal government. Purchasing records seen by TechCrunch and video surveillance news site IPVM show the agencies collectively spent thousands of dollars on purchasing video surveillance equipment manufactured by Lorex, a wholly owned subsidiary of Dahua Technology. Dahua is one of several China-based companies banned from selling to the federal government under a 2019 defense spending law over fears that the technology could help the Chinese government conduct espionage.

An anonymous reader quotes a report from The Guardian: It has been another record year for renewable energy, despite the Covid-19 pandemic and rising costs for raw materials around the world, according to the International Energy Agency (IEA). About 290GW of new renewable energy generation capacity, mostly in the form of wind turbines and solar panels, has been installed around the world this year, beating the previous record last year. On current trends, renewable energy generating capacity will exceed that of fossil fuels and nuclear energy combined by 2026.

New climate and energy policies in many countries around the world have driven the growth, with many governments setting out higher ambitions on cutting greenhouse gas emissions before and at the Cop26 UN climate summit in Glasgow last month. However, this level of growth is still only about half that required to meet net zero carbon emissions by mid-century. According to the IEA report, published on Wednesday, renewables will account for about 95% of the increase in global power-generation capacity from now to the end of 2026, with solar power alone providing about half of the increase.

Raw material prices have risen as the world has emerged from the Covid pandemic and on the back of the energy price rises around the world. These price increases have cancelled out some of the cost falls of recent years in the renewable sector. If they continue next year the cost of wind power will return to levels last seen in 2015, and two to three years of cost falls in solar power will be wiped out. Heymi Bahar, lead author of the report, said that commodity prices were not the main obstacles to growth, however. Wind and solar would still be cheaper than fossil fuels in most areas, he noted. Permitting was the main barrier to new wind energy projects around the world, and policy measures were needed to expand use of solar power for consumers and industry. "China installed the most new renewable energy capacity this year, and is now expected to reach 1,200GW of wind and solar capacity in 2026, four years earlier than its target of 2030," the report notes.

"India, the world's third-biggest emitter, also experienced strong growth in renewable energy capacity in the past year, but its target -- set out at Cop26 -- of reaching net zero by 2070 is also regarded as too weak by many."

An anonymous reader quotes a report from TechCrunch: The HashiCorp IPO intends to shoot the narrows between Thanksgiving and Christmas, with its first IPO pricing interval set to give it among the richest valuations of any technology company with a strong open source component to its core business. In a recent S-1/A filing, the cloud infra management company indicated that it expects to sell shares in its public offering at a range of $68 to $72 apiece. That interval could move, of course, before the company prices. Nubank, for example, reduced its IPO price range this week ahead of its anticipated debut.

HashiCorp's IPO valuation at its current range can be calculated in one of two ways. The first employs a simple share count, or the number of shares that are currently anticipated to be outstanding after its debut. The second is a fully diluted share count, which includes shares that have been earned through options but not yet turned from pledges into shares. The company expects to have 178,895,570 shares of Class A and B stock in circulation after its IPO. HashiCorp's simple IPO share count rises to 181,190,570 if we count shares reserved for its underwriting entities. Using the latter figure, at a $68 to $72 per-share IPO price interval, HashiCorp would be worth between $12.3 billion and $13.0 billion. However, on a fully diluted basis, the company's value is much higher. Per Renaissance Capital, at $70 per share, HashiCorp's IPO, inclusive of a broader share count, would value it at $14.2 billion. Converting that to $72 per share, the company could be worth as much as $14.6 billion. The unicorn was last valued at around $5 billion in March 2020, meaning its IPO pricing looks set to be a win.

An anonymous reader quotes a report from CNBC: U.S. health officials have confirmed the country's first case of the new, heavily mutated coronavirus variant called omicron in California, the Centers for Disease Control and Prevention said Wednesday. White House chief medical advisor Dr. Anthony Fauci said the individual, who was fully vaccinated, had just returned from traveling in South Africa to the San Francisco area on Nov. 22 and tested positive on Nov. 29.

"The individual is self quarantining and all close contacts have been contacted and all close contacts, thus far, have tested negative," he announced at a White House press briefing providing more details of the case. "We feel good that this patient not only had mild symptoms, but actually the symptoms appear to be improving." The CDC said genomic sequencing was initially conducted at the University of California, San Francisco and confirmed by the CDC as the omicron variant. On Twitter, California Gov. Gavin Newsom said: "CA's large-scale testing and early detection systems have found the Omicron COVID-19 variant in California. We should assume that it's in other states as well. There's no reason to panic--but we should remain vigilant. That means get vaccinated. Get boosted. Wear a mask indoors."

Further reading: WHO Says Omicron Has Been Found in 23 Countries Across the World

The World Health Organization said Wednesday that 23 countries across the world have reported cases of the highly mutated omicron Covid-19 variant. From a report: "At least 23 countries from five of six WHO regions have now reported cases of omicron and we expect that number to grow," WHO Director-General Tedros Adhanom Ghebreyesus told reporters during an update Wednesday in Geneva. "WHO takes this development extremely seriously and so should every country. But it should not surprise us," Tedros continued. "This is what viruses do. And it's what this virus will continue to do, as we long as we allow it to continue spreading."

The new number comes one day after White House chief medical advisor Dr. Anthony Fauci said 226 cases of the variant have been detected across 20 countries. Officials have not confirmed a case in the U.S. yet. The variant, which was reported to WHO by South Africa a week ago, has more than 30 mutations to the spike protein alone. Some of the mutations are associated with a decrease in antibody protection and higher transmission, according to the WHO. Tedros said there is still more to learn about the new variant's effect on transmission, the severity of disease and the effectiveness of tests, therapeutics and vaccines. Several WHO advisory groups have met in the last few days to "evaluate the emerging evidence, and prioritize the studies needed to answer these questions," he said.

Today, Vice President Kamala Harris' office released a new framework for US space policy, detailing how the Biden administration plans to approach commercial, civil, and military space activity moving forward. From a report: Called the United States Space Priorities Framework, the document keeps many of the same space priorities from the previous administration but adds a new emphasis on using space to help combat climate change and investing in STEM education. The new framework comes ahead of today's National Space Council meeting, the first one to be held under the Biden administration. Harris, who chairs the National Space Council, will convene the policy advisory group at the United States Institute of Peace in Washington, DC, at 1:30PM ET today.

[...] When it comes to space, the Biden administration is carrying forward many of the priorities set by the Trump administration. Notably, NASA's ambitious Artemis program, which was solidified under Trump, is still a major focus under Biden. And plenty of the topics discussed under Pence's Space Council are included in the new framework released by Harris. A few of the key points include maintaining US leadership in space by sending humans back to the Moon and exploring the Solar System with robotic spacecraft, fostering a competitive, regulatory environment for space companies, and defending against security threats in space while strengthening our space assets. In the biggest break from the previous administration, there looks to be a renewed focus on using space in the fight against climate change. In the new framework, the administration pledges to invest in satellites that can observe Earth from space, helping scientists better understand our changing climate. "Open dissemination of Earth observation data will support both domestic and international efforts to address the climate crisis," the document states. To further drive home this new emphasis on climate research from space, President Biden plans to sign a new Executive Order today that will add five new members to the National Space Council, including the Secretaries of Education, Labor, Agriculture, and the Interior, but also notably the National Climate Advisor.

Apple is asking a higher court to halt a judge's decision that will force changes to its App Store while a legal fight with Epic Games continues. From a report: Lawyers for the company filed Tuesday with the U.S. Court of Appeals for the Ninth Circuit, seeking action by Dec. 8. Earlier this month, U.S. District Judge Yvonne Gonzales Rogers rejected Apple's request to put on hold her ruling allowing developers to steer customers to payment methods outside the App Store, an overhaul the judge ordered in September that could cost the tech giant a few billion dollars annually. The company said at that time it would appeal to the higher court.

The Biden administration is looking for communities willing to serve as temporary homes for tens of thousands of metric tons of nuclear waste currently stranded at power plants around the country. Bloomberg reports: The Energy Department filed (PDF) a public notice Tuesday that it is restarting the process for finding a voluntary host for spent nuclear fuel until a permanent location is identified. "Hearing from and then working with communities interested in hosting one of these facilities is the best way to finally solve the nation's spent nuclear fuel management issues," Energy Secretary Jennifer Granholm said in a statement. The agency, in its notice, requested input on how to proceed with a "consent-based" process for a federal nuclear storage facility, including what benefits could entice local and state governments and how to address potential impediments. Federal funding is also possible, the notice said. Approximately 89,000 metric tons of nuclear waste is being stored at dozens of nuclear power plants and other sites around the country.
[...]
One such interim storage site could be in Andrews, Texas. The Nuclear Regulatory Commission in September approved a license for a proposal by Orano CIS LLC and its joint venture partner, J.F. Lehman & Co.'s Waste Control Specialists LLC, to establish a repository in the heart of Texas' Permian Basin oil fields for as many as 40,000 metric tons of radioactive waste. The joint venture envisioned having nuclear waste shipped by rail from around the country and sealed in concrete casks where it would be stored above ground at a site about 30 miles (48.28 kilometers) from Andrews. But the plan has drawn opposition from Texas authorities and local officials who once embraced it as an economic benefit but have since had a change of heart. A similar nuclear waste storage project, proposed in New Mexico by Holtec International Corp., is awaiting approval by the Nuclear Regulatory Commission. The agency said it expects to make a decision on that proposal in January 2022.

Consumers logged online Monday and spent $10.7 billion, marking a 1.4% decrease from year-ago levels, according to data released Tuesday by Adobe Analytics. This year's tally marks the first time that Adobe has tracked a slowdown in spending on major shopping days. CNBC reports: Despite the slowdown, Adobe expects the entire holiday season will see record-breaking e-commerce activity, as shoppers spread out their dollars over more days. So far, from Nov. 1 through Cyber Monday, consumers in the United States have spent $109.8 billion online, which is up 11.9% year over year, Adobe said. And on 22 of those days, consumers purchased more than $3 billion worth of goods, another new milestone, it said. Adobe anticipates digital sales from Nov. 1 to Dec. 31 will hit $207 billion, which would represent record gains of 10%.

Last Cyber Monday, retailers rang up $10.8 billion in sales on the web, as more people stayed home and avoided shopping in retailers' stores due to the ongoing coronavirus pandemic. It marked a record day for e-commerce purchases in the U.S. The slight deceleration in online spending follows a similar pattern that played out on Thanksgiving Day and on Black Friday this year, as shoppers appeared to have spread out their dollars onto more days rather than squeezing their shopping into "Cyber Week."

Retailers rang up $8.9 billion in sales online on Black Friday, down from the record of about $9 billion spent on the Friday after Thanksgiving a year earlier, Adobe said. And on Thanksgiving Day, consumers spent $5.1 billion on the internet, flat from year-ago levels. [...] Shopper traffic on Black Friday was up 47.5% compared with year-ago levels, but was still down 28.3% versus 2019, according to separate data from Sensormatic Solutions.

The Biden administration is launching its first big effort on privacy policy by looking at how data privacy issues affect civil rights. From a report: The National Telecommunication and Information Administration (NTIA), the telecom unit of the Commerce Department, plans to hold "listening sessions" and seek comment on the intersection of privacy, equity and civil rights, according to an agency notice. NTIA intends to develop a report on the "ways in which commercial data flows of personal information can lead to disparate impact and outcomes for marginalized or disadvantaged communities." The agency noted that data collection can lead to harm through discriminatory targeted advertising or via software that uses race as a factor in predicting academic success, as detailed by a report in The Markup.

In the early hours of Tuesday, at a ceremony attended by hundreds of masked officials, a prince and at least one pop star, the Caribbean island of Barbados became a republic, cutting ties with Queen Elizabeth II and casting off the last major vestige of its colonial past. The New York Times: The nation swore in its first president, Sandra Mason, a former governor general who had been appointed by the queen. A 21-gun salute rang out as the national anthem played. The red, yellow and navy blue royal flag was lowered -- exactly 55 years after the country gained independence from Britain. "Today, debate and discourse have become action," Ms. Mason, 72, told the onlookers gathered in the capital, Bridgetown. "Today, we set our compass to a new direction."

Ms. Mason received a majority vote in Parliament in October to take on the role. In a speech afterward, Prime Minister Mia Mottley said: "We believe that the time has come for us to claim our full destiny. It is a woman of the soil to whom this honor is being given." The island nation, a democracy of about 300,000 people, announced in September that it would remove Queen Elizabeth as head of state, the latest Caribbean island to do so. It joined Guyana, which gained independence in 1966 and became a republic in 1970; Trinidad and Tobago, which became independent in 1962 and a republic in 1976; and Dominica, which gained full independence as a republic in 1978. Australia, Canada, Jamaica, New Zealand and Papua New Guinea are among the nations that still call the queen their head of state. Barbados will remain part of the Commonwealth, a voluntary association of 54 countries with roots in the British Empire.

Regulators in the U.K. on Tuesday said they have directed Facebook parent company Meta to sell Giphy after finding "the takeover could reduce competition between social media platforms and increase Facebook's already significant market power." From a report: Facebook agreed to buy Giphy in May of last year for an estimated price of $400 million. The deal almost immediately invited antitrust scrutiny, given the increased attention to Facebook's growing market power.

In a statement, the U.K.'s competition and markets authority concluded that the deal would be anticompetitive because Facebook could theoretically increase market power by "denying or limiting other platforms' access to Giphy GIFs," or "changing the terms of access," to its GIFs for competitive sites. Regulators also determined that the deal was uncompetitive because it shut down Giphy's advertising business, therefore eliminating Giphy's competition to Facebook's ad business. As a result, regulators said Facebook "will also be required to reinstate the innovative advertising services that Giphy offered before the merger."

An anonymous reader quotes a report from India Today: For the first time in history, a commercial Airbus plane made a successful landing on the white continent of Antarctica. One of the company's A340 planes touched down on an ice runway earlier this month, paving the way for more tourism on the frozen landmass. The A340 took off on the morning of November 2 from Cape Town, South Africa before flying 2,500 nautical miles (4,630 km) to Antarctica. It then achieved an aviation first by successfully landing on a runway made of "blue glacial ice," according to the aircraft's pilot, Captain Carlos Mirpuri.

CNN reported that the historic flight was operated by Hi Fly, a boutique aviation company, and was chartered by Wolf's Gang luxury adventure camp. The aircraft will be used this season to fly a small number of tourists, alongside scientists and cargo to the icy continent. There was "attention and anxiety" in the cockpit as the 190-tonne plane approached the runway in Antarctica. Captain Mirpuri detailed how the runway had to have special grooves carved into it to allow for more friction as the aircraft landed, which would have otherwise slipped down the icy course due to its heavy supply cargo. The pilots also had to wear special eye gear due to the glare coming off the polar ice. Thankfully, Mirpuri and the rest of the A340's crew managed to land safely and they took less than three hours to deliver all of the cargo.

An anonymous reader quotes a report from Ars Technica: The CEOs of 13 large European telecom companies today called on tech giants -- presumably including Netflix and other big US companies -- to pay for a portion of the Internet service providers' network upgrade costs. In a "joint CEO statement," the European telcos described their proposal as a "renewed effort to rebalance the relationship between global technology giants and the European digital ecosystem." The letter makes an argument similar to one that AT&T and other US-based ISPs have made at times over the past 15 years, that tech companies delivering content over the Internet get a "free" ride and should subsidize the cost of building last-mile networks that connect homes to broadband access. These arguments generally don't mention the fact that tech giants already pay for their own Internet bandwidth costs and that Netflix and others have built their own content-delivery networks to help deliver the traffic that home-Internet customers choose to receive.

Today's letter from European ISPs was signed by the CEOs of A1 Telekom Austria Group, Vivacom, Proximus Group, Telenor Group, KPN, Altice Portugal, Deutsche Telekom, BT Group, Telia Company, Telefonica, Vodafone Group, Orange Group, and Swisscom. They wrote: "Large and increasing part of network traffic is generated and monetized by big tech platforms, but it requires continuous, intensive network investment and planning by the telecommunications sector. This model -- which enables EU citizens to enjoy the fruits of the digital transformation -- can only be sustainable if such big tech platforms also contribute fairly to network costs." The European telcos didn't mention any specific tech giants, but Reuters wrote today that "US-listed giants such as Netflix and Facebook are companies they have in mind." The letter also discusses other regulatory topics related to fiber and mobile broadband, saying that "regulation must fully reflect market realities... Namely, that telecom operators compete face-to-face with services by big tech."

Nissan has announced plans to spend around $17.6 billion over the next five years to accelerate the roll-out of electric vehicles. "And to emphasize that point, Nissan unveiled a pack of delightful EV concepts, including an adorable pickup truck, an outdoorsy SUV, and a sleek sports car," reports The Verge. From the report: Nissan said it will produce 23 new electrified models by 2030, 15 of which will be fully electric. The company is targeting a 50 percent electrification mix for its Nissan and Infiniti brands by the end of the decade. In the US, Nissan plans to take things a little slower, only targeting 40 percent of its sales to be EVs by 2040. On batteries, Nissan is pursuing what it calls "all-solid-state batteries (ASSB)" by 2028. The company is preparing a "pilot plant" in Yokohama, Japan, for early 2024. Solid-state batteries could theoretically charge faster, hold more power, and last longer than traditional lithium-ion batteries, which use liquid electrolytes to move energy around. While solid-state batteries have eluded researchers for years, some companies claim that a breakthrough is nearly at hand.

Nissan says that solid-state batteries will help make EVs more affordable by reducing the price of battery packs down to $75 per kWh by 2028. The company aims to bring it further down to $65 per kWh to achieve cost parity between EV and gasoline vehicles in the future. To underline its commitment to an electric future, Nissan revealed a handful of EV concepts: a small pickup truck called Surf-Out; a boxy crossover called Hang-Out; a compact SUV called Chill-Out; and a convertible sports car called Max-Out. [...] It's an impressive commitment, but Nissan notably stopped short of making the same promise that other automakers have to phase out the production of gas-powered vehicles. For example, Volvo and General Motors have vowed to become EV-only companies by 2030 and 2040, respectively.

A group of Democrats wants to stop the Grinch from stealing Christmas. Except this time around the spoilsport they're targeting is not a furry green creature, but a robot. From a report: Lawmakers including Senators Richard Blumenthal and Chuck Schumer introduced a bill to crack down on "cyber Grinches" using bots to quickly snap up entire inventories of popular holiday toys and resell them at higher prices. Their actions could make some of the items almost impossible to buy, the politicians say, exacerbating shortages sparked by supply chain woes.

The Omicron coronavirus variant is likely to spread internationally, posing a very high global risk of infection surges that could have severe consequences some areas, the World Health Organization (WHO) said on Monday. From a report: The UN agency urged its 194 member states to accelerate vaccination of high-priority groups and, in anticipation of increased case numbers, to "ensure mitigation plans are in place" to maintain essential health services. "Omicron has an unprecedented number of spike mutations, some of which are concerning for their potential impact on the trajectory of the pandemic," the WHO said. "The overall global risk related to the new variant ... is assessed as very high." To date, no deaths linked to Omicron had been reported, though further research was needed to assess Omicron's potential to escape protection against immunity induced by vaccines and previous infections, it said.

The UK competition regulator is expected to block Meta's $315m acquisition of online gif platform Giphy in the coming days in an escalation of the watchdog's assault on Big Tech. Financial Times: The Competition and Markets Authority is set to reverse the deal according to individuals close to the matter, in what would be the first time the CMA has unwound a Big Tech deal. The watchdog began investigating Meta's acquisition of New-York based Giphy -- the biggest provider of animated images known as gifs to social networks -- in June last year. A decision to block the deal would set an eye-catching precedent from the UK regulator, which has never sought to reverse a completed tech deal. In August the CMA provisionally ruled Meta, formerly known as Facebook, should be forced to sell Giphy due to competition concerns. It has until December 1 to make a final call. At that time the CMA argued Meta could cut off its rivals' access to gifs, and demand platforms like TikTok or Snapchat hand over more of their data in order to access gifs, consolidating power in Meta's hands. The watchdog also said the deal could remove a competitor to Meta in the display advertising market in the UK, despite Giphy's lack of presence in that sector.