An anonymous reader shares an excerpt from a report via Motherboard: Experts believe it won't be long before China, the first country to introduce paper money, becomes the first to go totally cashless. In a poky sex toy shop in Sanlitun shopping district in central Beijing, a placard with a QR code is strategically placed next to a pink, vein-knobbled dildo called the Super Emperor, and a clitoral pump. Just scan your phone, and walk out with your purchase. The cigarette vendor across the street accepts smartphone payments too. A fast-moving queue of customers purchase smokes by scanning their phones over a tatty cardboard QR code. All the bars in Sanlitun, equal parts seedy and swish, still take cash, but have likewise implemented cashless pay, largely through the ubiquitous WeChat and Alipay app, as primary payment platforms. Beijing taxi drivers accept smartphone payments too. No one in the area uses physical money, for sex toys or otherwise. Largely due to China's vibrant fintech landscape, the recent rise of phone payments in the country has shunted cash onto the endangered list, perhaps somewhere alongside the pangolin. Many experts believe it won't be long before China, the first country to introduce paper money, also becomes the first to phase it out to become fully cashless. But when will this moment come?

New submitter Rick Schumann writes from a report via Consumerist: The NCTA hired polling firm Morning Consult to survey people about their attitudes toward net neutrality. In the results and a blog post about the survey, the organization crows that clearly, everyone thinks regulation is bad. Here's the "TL;DR" version: The NCTA claims Americans want "light touch" regulation of the "internet," but did not ask about regulation of internet service providers. The survey claims most voters believe regulation will harm innovation and investment, but their own numbers show that just as many people believe it won't. Most people don't believe the internet should be regulated like a "public utility," which is good because that's not what net neutrality does. When people were asked their feelings about what neutrality actually does, they overwhelmingly support it.

An anonymous reader quotes a report from TechCrunch: Apple made news and scored some positive PR earlier this month when the company announced a $1 billion fund aimed at investing in U.S.-based manufacturing. Now it's ready to announce the first big investment from its Advanced Manufacturing Fund. New York-based Corning Incorporated will be receiving $200 million from the tech giant's coffers, money that will go toward its Harrodsburg, Kentucky R&D facility. Corning is a logical first choice for Apple. The two companies have worked closely for roughly a decade, when Apple first pushed Corning to create a chemically strengthened glass for the iPhone. The resulting product, Gorilla Glass, has since become the standard for nearly every smartphone maker out there. As Apple helpfully adds in a news release touting the funding, the relationship thus far "has created and sustained nearly 1,000 U.S. jobs across Corning's R&D, manufacturing and commercial functions, including over 400 in Harrodsburg." And indeed, aside from a brief dalliance with synthetic sapphire crystal a couple of years back, it's been a pretty fruitful partnership.

Struggling to seal deals in the United States as regulatory scrutiny tightens, Chinese companies looking to invest in promising technology are finding a warmer welcome for their cash in Israel. From a report: Unfazed by this change, which was brought on in part by a new administration focused on US protectionism, Chinese investors are putting their money in Israeli companies instead. Last year, Chinese investment in Israel surged tenfold to $16.5 billion, a record, with money going to Israeli internet, cybersecurity and medical device companies. In contrast, Chinese investors scrapped a record $26.3 billion in previously announced US deals.

The ongoing tussle between YouTube and the music industry took a new turn this week when Google assured everyone that its video platform doesn't have any negative impact on the other streaming music services -- despite all the free music it offers. From a report: A Google-commissioned report into how YouTube impacts on the wider music economy has -- somewhat unsurprisingly -- found that the hugely popular, yet much-maligned platform significantly drives sales and stops users from visiting pirate music services. According to a European study carried out by RBB Economics, if music content was removed from YouTube around 85 percent of the time that users spend on the platform would switch to lower value channels, such as TV, radio or internet radio. RBB claimed there would also be a significant increase in time spent listening to pirated content (up 29 percent), while only 15 percent of heavy users, defined as someone who watches more than 20 hours of music videos per month, would switch to higher value offerings like subscription streaming services. In the U.K., that number increases to 19 percent; in France it's 12 percent. [...] In response, music trade bodies poured scorn on the paper's findings. "Google's latest publicity push once again seeks to distract from the fact that YouTube, essentially the world's largest on-demand music service, is failing to license music on a fair basis and compensate artists and producers properly by claiming it is not liable for the music it is making available," reads a statement from IFPI. "Services like YouTube, that are not licensing music on fair terms, hinder the development of a sustainably healthy digital music market," claimed the international trade body, repeating its regular call for tighter regulation around safe harbour licensing.

Hospitals across England have been hit by a large-scale cyber-attack, the NHS has confirmed, which has locked staff out of their computers and forced many trusts to divert emergency patients. The IT systems of NHS sites across the country appear to have been simultaneously hit, with a pop-up message demanding a ransom in exchange for access to the PCs. NHS Digital said it was aware of the problem and would release more details soon. Details of patient records and appointment schedules, as well as internal phone lines and emails, have all been rendered inaccessible. From a report: "The investigation is at an early stage but we believe the malware variant is Wanna Decryptor. At this stage we do not have any evidence that patient data has been accessed. We will continue to work with affected organisations to confirm this. NHS Digital is working closely with the National Cyber Security Centre, the Department of Health and NHS England to support affected organisations and to recommend appropriate mitigations. "This attack was not specifically targeted at the NHS and is affecting organisations from across a range of sectors. "Our focus is on supporting organisations to manage the incident swiftly and decisively, but we will continue to communicate with NHS colleagues and will share more information as it becomes available." NPR adds: The problem erupted around 12:30 p.m. local time, the IT worker says, with a number of email servers crashing. Other services soon went down -- and then, the unidentified NHS worker says, "A bitcoin virus pop-up message had been introduced on to the network asking users to pay $300 to be able to access their PCs. You cannot get past this screen." The attack was not specifically targeted at the NHS and is affecting organizations from across a range of sectors, it appears. The report adds: Images that were posted online of the NHS pop-up look nearly identical to pop-up ransomware windows that hit Spain's Telefonica, a powerful attack that forced the large telecom to order employees to disconnect their computers from its network -- resorting to an intercom system to relay messages. Telefonica, Spain's largest ISP, has told its employees to shut down their computers.

Update: BBC is reporting that similar attacks are being reported in the UK, US, China, Russia, Spain, Italy, Vietnam, Taiwan today.

An anonymous reader writes: A cold-calling firm has been fined a record $515,000 by the Information Commissioner's Office (ICO) for making almost 100 million nuisance calls. Keurboom Communications called people, sometimes at night, to see if they were eligible for road-accident or PPI compensation, the ICO said. It breached privacy laws by calling people without their consent. The company has since gone into liquidation but the ICO said it was committed to recovering the fine. It said it had received more than 1,000 complaints about automated calls from the Bedfordshire-registered company. The ICO said Keurboom Communications called some people repeatedly and during unsocial hours. It also hid its identity so that people would find it harder to complain. "The unprecedented scale of its campaign and Keurboom's failure to co-operate with our investigation has resulted in the largest fine issued by the Information Commissioner for nuisance calls," said Steve Eckersley, head of enforcement at the ICO.

An anonymous reader writes: The company that once held a mock funeral for the iPhone -- complete with dedicated "iPhone trashcans" -- now has a very different attitude about the company of Jobs. The Microsoft whose old CEO Steve Ballmer in 2007 famously predicted the iPhone had "no chance; no chance at all" of getting market share, now readily accepts and embraces a world where the iPhone and Android dominate personal computing. Microsoft talked a lot here at its Build 2017 developer conference about extending Windows experiences over to iOS and Android devices. And it's not just about fortifying Windows. Microsoft says it not only wants to connect with those foreign operating systems, but by bringing over functionality from Windows 10 (along with content) it hopes to "make those other devices better," as one Microsoft rep said in a press briefing yesterday. The developers here at Build cheered when Microsoft announced XAML Standard 1.0, which provides a single markup language to make user interfaces that work on Windows, iOS, and Android. In one demo, the company demonstrated how an enterprise sales app could be extended to an iOS device so someone could continue capturing a potential client's data on a mobile device. Windows not only sent over the client data that had already been captured, but also the business-app shell that had captured it.