×
The Almighty Buck

Tesla Discontinues Its Most Affordable Model S (engadget.com) 95

Tesla will be discontinuing its cheapest Model S option, the Model S 75, this Sunday. What that means is that the all-wheel-drive version -- the 75D -- will take its place as the low-end Model S sedan, currently listed at a starting price of $74,500. Engadget reports: The move to discontinue the Model S 75 was first announced by Tesla in July after it dropped the price by $5,000 a few months earlier. The removal of the model from Tesla's offerings follows its discontinuation of the Model S 60 and 60D vehicles in April, which at the time were the least expensive Model S options available. As well as streamlining its EV line and making all Model S options all-wheel-drive, knocking off the low-end Model S vehicles is also likely being done to carve out a bigger separation between the Model 3 and Model S lines. Custom orders for the Model S 75 will be taken until Sunday, September 24th and the pre-configured versions will be available for purchase until inventory runs out.
EU

EU Paid For Report That Said Piracy Isn't Harmful -- And Tried To Hide Findings (thenextweb.com) 169

According to Julia Reda's blog, the only Pirate in the EU Parliament, the European Commission in 2014 paid the Dutch consulting firm Ecorys 360,000 euros (about $428,000) to research the effect piracy had on sales of copyrighted content. The final report was finished in May 2015, but was never published because the report concluded that piracy isn't harmful. The Next Web reports: The 300-page report seems to suggest that there's no evidence that supports the idea that piracy has a negative effect on sales of copyrighted content (with some exceptions for recently released blockbusters). The report states: "In general, the results do not show robust statistical evidence of displacement of sales by online copyright infringements. That does not necessarily mean that piracy has no effect but only that the statistical analysis does not prove with sufficient reliability that there is an effect. An exception is the displacement of recent top films. The results show a displacement rate of 40 per cent which means that for every ten recent top films watched illegally, four fewer films are consumed legally."

On her blog, Julia Reda says that a report like this is fundamental to discussions about copyright policies -- where the general assumption is usually that piracy has a negative effect on rightsholders' revenues. She also criticizes the Commissions reluctance to publish the report and says it probably wouldn't have released it for several more years if it wasn't for the access to documents request she filed in July.
As for why the Commission hadn't published the report earlier, Reda says: "all available evidence suggests that the Commission actively chose to ignore the study except for the part that suited their agenda: In an academic article published in 2016, two European Commission officials reported a link between lost sales for blockbusters and illegal downloads of those films. They failed to disclose, however, that the study this was based on also looked at music, ebooks and games, where it found no such connection. On the contrary, in the case of video games, the study found the opposite link, indicating a positive influence of illegal game downloads on legal sales. That demonstrates that the study wasn't forgotten by the Commission altogether..."
Encryption

Distrustful US Allies Force Spy Agency To Back Down In Encryption Fight (reuters.com) 104

schwit1 shares a report from Reuters: An international group of cryptography experts has forced the U.S. National Security Agency to back down over two data encryption techniques it wanted set as global industry standards, reflecting deep mistrust among close U.S. allies. In interviews and emails seen by Reuters, academic and industry experts from countries including Germany, Japan and Israel worried that the U.S. electronic spy agency was pushing the new techniques not because they were good encryption tools, but because it knew how to break them. The NSA has now agreed to drop all but the most powerful versions of the techniques -- those least likely to be vulnerable to hacks -- to address the concerns.
Firefox

Firefox For iOS Gets Tracking Protection, Firefox Focus For Android Gets Tabs 28

An anonymous reader quotes a report from VentureBeat: Mozilla today released Firefox 9.0 for iOS and updated Firefox Focus for Android. The iOS browser is getting tracking protection, improved sync, and iOS 11 compatibility. The Android privacy browser is getting tabs. You can download the former from Apple's App Store and the latter from Google Play. This is the first time Firefox has offered tracking protection on iOS, and Nick Nguyen, vice president of product at Mozilla, notes that it's finally possible "thanks to changes by Apple to enable the option for 3rd party browsers." This essentially means iPhone and iPad users with Firefox and iOS 11 will have automatic ad and content blocking in Private Browsing mode, and the option to turn it on in regular browsing. This is the same feature that's available in Firefox for Android, Windows, Mac, and Linux, as well as the same ad blocking technology used in Firefox Focus for Android and iOS.
The Almighty Buck

Bitcoin Futures-Based ETF Likely To Be Approved in the US (thestreet.com) 59

The race is on: who will be the first to launch a Bitcoin exchange-traded fund in the United States? From a report, shared by a reader: In Europe, there is already a Bitcoin exchange traded note (ETN) available to investors. In the U.S., it is widely anticipated a Bitcoin ETF will be be approved by the U.S. Securities and Exchange Commission (SEC) very soon. In Europe, ETNs are designed to track the movement of Bitcoin against the U.S. dollar. The ETNs are Bitcoin Tracker One, which is traded in Swedish krona and Bitcoin Tracker EURO, which is traded in euro. Both ETNs are issued by XBT Provider AB and traded on Nasdaq OMX (Stockholm). Dave Nadig, CEO of ETF.com and previously the director of ETFs at FactSet Research Systemsm believes we can expect to see Bitcoin Futures-based ETF launched in the U.S. by the end of this year. "Yes, you can already trade a derivative in Europe, an exchange traded note which tracks Bitcoin," Nadig adds. "Then the race in the U.S. is the race to see what gets approval first. Will it be a Bitcoin future or a straight up Bitcoin holding ETF? My bet is that we will see Bitcoin futures approved fairly quickly."
Businesses

Google Buys Part of HTC's Smartphone Team For $1.1 Billion (betanews.com) 92

BrianFagioli shares a report from BetaNews: Today, a deal finally happens, but Google didn't buy HTC outright. Strangely, as the deal is laid out, the search giant has seemingly bought HTC employees. Yes, for $1.1 billion, the search giant has sort of purchased human beings -- plus it gets access to some intellectual property. HTC gets a much-needed big influx of cash. "Google and HTC Corporation today announced a definitive agreement under which certain HTC employees -- many of whom are already working with Google to develop Pixel smartphones -- will join Google. HTC will receive $1.1 billion in cash from Google as part of the transaction. Separately, Google will receive a non-exclusive license for HTC intellectual property (IP). The agreement is a testament to the decade-long strategic relationship between HTC and Google around the development of premium smartphones," says HTC.

Slashdot Top Deals