Technology News

SoftBank President Nikesh Arora to Step Down (Alexander Martin/Wall Street Journal)

(4 days ago)
Alexander Martin / Wall Street Journal:SoftBank President Nikesh Arora to Step Down  —  Former Google executive has been under pressure from investors  —  TOKYO—Under fire from investors, SoftBank Group Corp. President Nikesh Arora is stepping down, marking an abrupt end to the tenure of founder and Chief Executive Masayoshi Son's handpicked successor.

Tencent to pay $8.6B for a majority stake in Supercell, in a deal that values the Finnish game maker at $10.2B (Wall Street Journal)

(4 days ago)
Wall Street Journal:Tencent to pay $8.6B for a majority stake in Supercell, in a deal that values the Finnish game maker at $10.2B  —  Chinese internet major's deal to buy stake from Japan's SoftBank values Supercell at $10.2 billion  —  HONG KONG—Chinese internet giant Tencent Holdings Ltd. and its partners …

Proposals to curb online speech viewed as threat to open internet

(4 days ago)
SAN FRANCISCO/ TORONTO (Reuters) - At least a dozen countries are considering or have enacted laws restricting online speech, a trend that is alarming policymakers and others who see the internet as a valuable medium for debate and expression.

Proposals to curb online speech viewed as threat to open internet

(4 days ago)
SAN FRANCISCO/ TORONTO (Reuters) - At least a dozen countries are considering or have enacted laws restricting online speech, a trend that is alarming policymakers and others who see the internet as a valuable medium for debate and expression.

Google To Offer Better Medical Advice When You Search Your Symptoms

(4 days ago)
An anonymous reader writes from a report via CNBC: Google said Monday that it will be improving its catalog of searched Googled health symptoms by adding information on related health conditions that have been vetted by the Mayo Clinic and Harvard Medical School. For example, if you type "headache on one side," Google will offer up a list of associated conditions like "migraine," "common cold" or "tension headache." When it comes to general searches like "headache," the company will also give an overview description along with information on self-treatment options or symptoms that warrant a doctor's visit. In Google's official blog post, the company said roughly 1 percent of the searches on Google, which equates to millions of searches, are related to symptoms users are researching. However, search results can be confusing, and result in "unnecessary anxiety and stress," Google said. It plans to use its Knowledge Graph feature, which contains high-quality medical information collected from doctors, to enhance search results. Read more of this story at Slashdot.

Uber is added to surge-pricing lawsuit, could prompt arbitration

(4 days ago)
NEW YORK (Reuters) - A federal judge said Uber Technologies Inc can be added as a defendant in an antitrust lawsuit against its chief executive officer over its pricing practices, an outcome the ride-sharing service wanted in its bid to force the case into arbitration.

Dell software deal flexes Elliott's newly developed buyout muscle

(4 days ago)
NEW YORK/SAN FRANCISCO (Reuters) - Elliott Management Corp's deal to acquire Dell Inc's software assets shows how the U.S. hedge fund and prominent activist investor is stepping up its private equity practice, and positioning itself for more takeovers in the tech sector.

New York bill would ban Airbnb listings for some short-term rentals

(4 days ago)
NEW YORK (Reuters) - New York State has passed legislation that would ban Airbnb users from listing some short-term rentals, a move that represents a new line of attack by legislators against the company in one of its most important markets.

Chinese economic cyber-espionage plummets in U.S.: experts

(4 days ago)
SAN FRANCISCO (Reuters) - The Chinese government appears to be abiding by its September pledge to stop supporting the hacking of American trade secrets to help companies there compete, private U.S. security executives and government advisors said on Monday.

Bangladesh central bank officials to meet New York Fed over stolen funds

(4 days ago)
DHAKA (Reuters) - Bangladesh central bank officials will hold a meeting with the New York Federal Reserve next month to try and speed up efforts to recover $81 million stolen by hackers from its account at the Fed, officials in Dhaka said.

Bangladesh central bank officials to meet New York Fed over stolen funds

(4 days ago)
DHAKA (Reuters) - Bangladesh central bank officials will hold a meeting with the New York Federal Reserve next month to try and speed up efforts to recover $81 million stolen by hackers from its account at the Fed, officials in Dhaka said.

Samsung Electronics bets on 5G to jump-start networks business

(4 days ago)
SUWON, South Korea (Reuters) - Trailing its rivals after misplaced bets on wireless technology standards, Samsung Electronics Co Ltd aims to become a global top-three player in 5G mobile networks by moving quickly in markets like the United States, an executive said.

Samsung Electronics bets on 5G to jump-start networks business

(4 days ago)
SUWON, South Korea (Reuters) - Trailing its rivals after misplaced bets on wireless technology standards, Samsung Electronics Co Ltd aims to become a global top-three player in 5G mobile networks by moving quickly in markets like the United States, an executive said.

Indonesia, South Korea central bank websites hit by cyber attacks; no losses

(4 days ago)
JAKARTA (Reuters) - The central banks of Indonesia and South Korea have been hit by cyber attacks on their public websites since activist hacking group Anonymous pledged last month to target banks across the world, senior officials in the two countries told Reuters.

Indonesia, South Korea central bank websites hit by cyber attacks; no losses

(4 days ago)
JAKARTA (Reuters) - The central banks of Indonesia and South Korea have been hit by cyber attacks on their public websites since activist hacking group Anonymous pledged last month to target banks across the world, senior officials in the two countries told Reuters.

Ultra-Thin Solar Cells Can Be Bent Around A Pencil

(4 days ago)
angry tapir quotes a report from Computerworld: Scientists in South Korea have developed solar cells thin enough they can be bent around a pencil. The cells could help usher in the use of solar energy in small portable gadgets where space is at a premium. The cells are fabricated onto a flexible substrate that is just a micrometer thick -- one-half to one-quarter the thickness of other "thin" solar cells and hundreds of times thinner than conventional cells. [The team at the Gwangju Institute of Science and Technology in South Korea managed to reduce the thickness by directly attaching the cells to the substrate without the use of an adhesive. They were stamped onto the substrate and then cold welded, a process that binds two materials together through pressure, not heat. The scientists tested the cells and discovered they can almost be folded in half -- wrapped around a radius as small as 1.4 millimeters. A paper describing the work was published on Monday in Applied Physics Letters, a journal of the American Institute of Physics.] Read more of this story at Slashdot.

Bigger Isn't Better As Mega-Ships Get Too Big and Too Risky

(4 days ago)
HughPickens.com writes: Alan Minter writes at Bloomberg that between 1955 and 1975, the average volume of a container ship doubled -- and then doubled again over each of the next two decades. The logic behind building such giants was once unimpeachable: Globalization seemed like an unstoppable force, and those who could exploit economies of scale could reap outsized profits. But it is looking more and more like the economies of scale for mega-ships are not worth the risk. The quarter-mile-long Benjamin Franklin recently became the largest cargo ship ever to dock at a U.S. port and five more mega-vessels are supposed to follow. But today's largest container vessels can cost $200 million and carry many thousands of containers -- potentially creating $1 billion in concentrated, floating risk that can only dock at a handful of the world's biggest ports. Mega-ships make prime targets for cyberattacks and terrorism, suffer from a dearth of qualified personnel to operate them, and are subject to huge insurance premiums. But the biggest costs associated with these floating behemoths are on land -- at the ports that are scrambling to accommodate them. New cranes, taller bridges, environmentally perilous dredging, and even wholesale reconfiguration of container yards are just some of the costly disruptions that might be needed to receive a Benjamin Franklin and service it efficiently. Under such circumstances, you'd think that ship owners would start to steer clear of big boats. But,[..]

Bank of America offering cardless withdrawals using Apple Pay at over 3K ATMs equipped with NFC in US (Tim Hardwick/MacRumors)

(4 days ago)
Tim Hardwick / MacRumors:Bank of America offering cardless withdrawals using Apple Pay at over 3K ATMs equipped with NFC in US  —  Bank of America has begun rolling out support for withdrawing cash from its ATMs using Apple Pay.  —  Approximately 650 card-less ATMs were deployed in the San Francisco area in May …

Russian Bill Requires Encryption Backdoors In All Messenger Apps

(4 days ago)
Patrick O'Neill quotes a report from The Daily Dot: A new bill in the Russian Duma, the country's lower legislative house, proposes to make cryptographic backdoors mandatory in all messaging apps in the country so the Federal Security Service -- the successor to the KGB -- can obtain special access to all communications within the country. [Apps like WhatsApp, Viber, and Telegram, all of which offer varying levels of encrypted security for messages, are specifically targeted in the "anti-terrorism" bill, according to the Russian-language media. Fines for the offending companies could reach 1 million rubles or about $15,000.] Russian Senator Elena Mizulina argued that the new bill ought to become law because, she said, teens are brainwashed in closed groups on the internet to murder police officers, a practice protected by encryption. Mizulina then went further. "Maybe we should revisit the idea of pre-filtering [messages]," she said. "We cannot look silently on this." Read more of this story at Slashdot.

New York Senate Passes Bill That Bans Short-Term Apartment Listings On Airbnb

(4 days ago)
An anonymous reader writes: The New York Senate passed a bill on Friday that makes it illegal to advertise entire unoccupied apartments for short-term rentals on Airbnb. The bill is headed to New York Governor Andrew Cuomo's desk for him to either veto or sign into law. The Verge reports: "The bill prohibits online apartment listings that last under 30 days and run up against the city's multiple dwelling law, which is designed to stop apartment buyers from renting out the entire space and basically turning their units into Airbnb hotels. First-time offenders would be fined $1,000, but a third infraction would be much costlier at $7,500. 'Let's be clear: this is a bad proposal that will make it harder for thousands of New Yorkers to pay the bills,' an Airbnb spokesperson told Tech Crunch. 'Dozens of governments around the world have demonstrated that there is a sensible way to regulate home sharing and we hope New York will follow their lead and protect the middle class.'" One of the bill's sponsors, State Assemblywoman Linda Rosenthal, disagrees and claims that it targets "people or companies with multiple listings. There are so many units held by commercial operators, not individual tenants. They are bad actors who horde multiple units, driving up the cost of housing around them and across the city." She went on to say, "You should know who your neighbor is and what happens when people rent out their apartments on Airbnb is you get strangers," said told the New York Post.[..]

Smartphone Users Are Paying For Their Own Surveillance

(4 days ago)
Nicola Hahn writes: While top secret NSA documents continue to trickle into the public sphere, tech industry leaders have endeavored to reassure anxious users by extolling the benefits of strong encryption. Rising demand among users for better privacy protection signifies a growth market for the titans of Silicon Valley -- this results in a tendency to frame the issue of cybersecurity in terms of the latest mobile device. Yet whistleblowers from our intelligence services offer dire warnings that contrast sharply with feel good corporate talking points. Edward Snowden, for example, noted that under mass surveillance we're essentially "tagged animals" who pay for our own tags. There's an argument to be made that the vast majority of network-connected gadgets enable monitoring far more than they protect individual liberty. In some instances, the most secure option is to opt out. Read more of this story at Slashdot.

Red Hat Launches Ansible-Native Container Workflow Project

(4 days ago)
Orome1 quotes a report from Help Net Security: Red Hat launched Ansible Container under the Ansible project, which provides a simple, powerful, and agent-less open source IT automation framework. Available now as a technology preview, Ansible Container allows for the complete creation of Docker-formatted Linux containers within Ansible Playbooks, eliminating the need to use external tools like Dockerfile or docker-compose. Ansible's modular code base, combined with ease of contribution, and a community of contributors in GitHub, enables the powerful IT automation platform to manage today's infrastructure, but also adapt to new IT needs and DevOps workflows. Help Net Security reports: "The automated container creation and deployment offered by Ansible factor into Red Hat's existing container infrastructure stack, which now includes: A stable, container-centric operating system in Red Hat Enterprise Linux Atomic Host; An enterprise-grade, Kubernetes- and Docker-native container application platform through Red Hat OpenShift and the recently announced next-generation OpenShift Online public cloud service; Infrastructure management, automation and monitoring across hybrid environments with Red Hat CloudForms, Red Hat insights, Red Hat Satellite and Ansible Tower by Red Hat; Massively-scalable private and hybrid cloud architecture for large-scale container deployment through Red Hat OpenStack Platform and Red Hat Cloud Suite, which also includes Red Hat OpenShift."[..]

Taylor Swift among 180 artists and organizations signing petition for DMCA reform in ad spot, protesting "safe harbor", upon which services like YouTube rely (Rob Levine/Billboard)

(4 days ago)
Rob Levine / Billboard:Taylor Swift among 180 artists and organizations signing petition for DMCA reform in ad spot, protesting “safe harbor”, upon which services like YouTube rely  —  EMAIL ME  —  For the last three months, the music industry has been fighting — or at least negotiating in public — with YouTube.

Citing Attack, GoToMyPC Resets All Passwords

(4 days ago)
Security reporter Brian Krebs writes:GoToMyPC, a service that helps people access and control their computers remotely over the Internet, is forcing all users to change their passwords, citing a spike in attacks that target people who re-use passwords across multiple sites. Owned by Santa Clara, Calif. based networking giant Citrix, GoToMyPC is a popular software-as-a-service product that lets users access and control their PC or Mac from anywhere in the world. On June 19, the company posted a status update and began notifying users that a system-wide password update was underway. Read more of this story at Slashdot.

Google sees DMCA takedown notices quadruple from 5.1M in June 2014 to 22M in June 2016 (Ernesto/TorrentFreak)

(4 days ago)
Ernesto / TorrentFreak:Google sees DMCA takedown notices quadruple from 5.1M in June 2014 to 22M in June 2016  —  In an effort to keep people away from pirate sites, copyright holders are overloading Google with DMCA takedown notices.  —  Since 2011 Google has removed more than a billion “pirate” …

Tumblr Is Launching Live Video This Week

(4 days ago)
An anonymous reader quotes a report from The Verge: Tumblr plans to compete in the fast-crowding live video space, according to a promotional webpage unearthed by Twitter user David Chartier over this past weekend. The page, livevideo.tumblr.com, features a programming schedule and a launch date of June 21st, though the date may not be set in stone. TechCrunch confirmed today the images are indeed Tumblr advertising material for the new platform. It's unclear how the company's live video ambitions will shape up, and whether it will resemble anything like Facebook Live, Twitter's Periscope, or Amazon-owned Twitch. In April, Facebook rolled out a major live video update allowing anyone to post live streams of themselves to their timeline. Read more of this story at Slashdot.

Twitter Pays $150 Million For Magic Pony Technology

(4 days ago)
An anonymous reader writes: Following news that Twitter would invest around $70 million in music streaming service SoundCloud, the company is reportedly acquiring Magic Pony Technology, a company out of London that has developed technologies of using neural networks and machine learning to provide expanded data for images. For example, they can be used to enhance a picture or video taken on a mobile phone or to help develop graphics for virtual reality or augmented reality applications. "Machine learning is increasingly at the core of everything we build at Twitter," said Jack Dorsey, Twitter CEO and co-founder, in a statement. "Magic Pony's machine learning technology will hep us build strength into our deep learning teams with world-class talent, so Twitter can continue to be the best place to see what's happening and why it matters, first. We value deep learning to help make our world better, and we will keep doing our part to share our work and learnings with the community." "[Magic Pony Technology] made a few further waves this year, as it further revealed the way that its technology worked to help enhance visuals with information that may not be in the picture itself, but essentially be created from composites of similar pictures, much like how the human eye works," writes TechCrunch. The company has remained under the radar for the most part. They have filed a number of patents -- around 20, which now belong to Twitter.[..]

Facebook will let Page owners use the interactive Canvas ad format for Page posts (Tim Peterson/Marketing Land)

(4 days ago)
Tim Peterson / Marketing Land:Facebook will let Page owners use the interactive Canvas ad format for Page posts  —  Facebook will let Page owners use the interactive Canvas ad format for organic Page posts in a bid to get people to spend more time in the social network.  —  Facebook has a new weapon in its arsenal in the war for people's digital attentions.

Marvell Technology names Matthew Murphy as CEO and president

(4 days ago)
(Reuters) - Chipmaker Marvell Technology Group Ltd said on Monday that Matthew Murphy would be its chief executive and president, effective July 11.

Twitch Brings CFAA and Trademark Claim Against Bot Operators

(4 days ago)
An anonymous reader quotes a report from Techdirt: I think most people agree that bots that drive up viewer/follower counts on various social media systems are certainly a nuisance, but are they illegal? Amazon-owned Twitch has decided to find out. On Friday, the company filed a lawsuit against seven individuals/organizations that are in the business of selling bots. Twitch's lawsuit uses a CFAA claim and a trademark claim. The CFAA is the Computer Fraud and Abuse Act, which was put in place in the 1980s in response to the movie War Games and is supposed to be used to punish "hackers" who break into secure computer systems. Techdirt reports: "It's a pretty big stretch to argue that bots accessing your open website that anyone can visit requires some kind of specific "authorization." Yes, cheating bots are annoying. And yes, they can be seen as a problem. But that doesn't mean that Twitch should be trying to expand the definition of the CFAA to include accessing an open website in a way the site doesn't like. The trademark claim is also somewhat troubling, though not as much. No one is visiting the sites of these bot makers and assuming that they're endorsed by Twitch. I mean, they're all pretty clear that their entire purpose is to inflate viewers/followers on Twitch, which is clearly something that Twitch is against. Twitch doesn't need to use either of these claims, and it's disappointing that they and their lawyers have chosen to do so. This is not to say that bots and[..]

Apple CEO Tim Cook will host a fundraiser for House Speaker Paul Ryan next week in the wake of Apple pulling support for the GOP convention over Trump (Tony Romm/Politico)

(4 days ago)
Tony Romm / Politico:Apple CEO Tim Cook will host a fundraiser for House Speaker Paul Ryan next week in the wake of Apple pulling support for the GOP convention over Trump  —  Apple CEO Tim Cook will host a fundraiser with House Speaker Paul Ryan next week as the iPhone maker tries to strengthen its relationships …

Facebook investors OK new share class to keep Zuckerberg at helm

(4 days ago)
(Reuters) - Facebook Inc shareholders approved a proposal to create a new class of non-voting shares, a move aimed at letting Chief Executive Officer Mark Zuckerberg give away his wealth without relinquishing control of the social media company he founded.

Fed internal watchdog to study oversight of cybersecurity at banks

(4 days ago)
WASHINGTON (Reuters) - The Federal Reserve's internal watchdog plans to study how well the central bank is overseeing cybersecurity practices at financial institutions, the U.S. central bank said on Monday.

Fed internal watchdog to study oversight of cybersecurity at banks

(4 days ago)
WASHINGTON (Reuters) - The Federal Reserve's internal watchdog plans to study how well the central bank is overseeing cybersecurity practices at financial institutions, the U.S. central bank said on Monday.

Mark Zuckerberg Votes To Keep Peter Thiel On Facebook Board

(4 days ago)
Mark Zuckerberg has decided to keep billionaire VC Peter Thiel on Facebook's board of directors. The decision comes after weeks of controversy over whether it was appropriate for billionaire Thiel, who recently admitted to secretly funding a campaign of third-party lawsuits to bankrupt Gawker Media, to remain on the board of a company that now plays such a powerful role in publishing. From a Gizmodo report: At Facebook's annual shareholders meeting today, every board member was up for re-election. The decision was made by shareholder vote, but ultimately fell to Zuckerberg, who controls more than 60 percent of the total voting power on the Facebook board. Read more of this story at Slashdot.

New York Criminalizes the Use Of Ticket-Buying Bots

(5 days ago)
An anonymous reader writes: If you failed to get tickets for your favorite band, even though your finger was poised on the "buy" link the instant they went on sale, don't worry -- you never stood a chance. They were probably snapped up by bots that, in one case, bought 1,012 Madison Square Garden U2 tickets in less than a minute. The state of New York has declared that scalpers who use them could get fines and even jail time. "New Yorkers have been dealing with this frustrating ticket buying experience for too long," says state assembly member Marcos Crespie. Using such bots was illegal before, but only brought civil, not criminal sanctions. However, a three-year investigation by NY attorney general Eric. T. Schneiderman found that the practice was so widespread that the state had to take harsher measures. Ticketing outlets and credit card companies revealed that bots scoop up the best seats in seconds, which scalpers then resell at prices many times over face value. Scalpers who exploit such software could now face criminal, class A misdemeanor charges. Read more of this story at Slashdot.

High IQ Countries Have Less Software Piracy, Research Finds

(5 days ago)
Ernesto Van der Sar, writing for TorrentFreak (edited and condensed): There are hundreds of reasons why people may turn to piracy. A financial motive is often mentioned, as well as lacking legal alternatives. A new study from a group of researchers now suggests that national intelligence can also be added to the list. In a rather straightforward analysis, the research examined the link between national IQ scores and local software piracy rates -- from data provided by the Business Software Alliance. They concluded that there's a trend indicating that countries with a higher IQ have lower software piracy rates. Read more of this story at Slashdot.

Sources: Craig Wright, who claimed to be Satoshi Nakamoto, has filed more than 50 patent applications in UK, focusing on cryptocurrency tech (Reuters)

(5 days ago)
Reuters:Sources: Craig Wright, who claimed to be Satoshi Nakamoto, has filed more than 50 patent applications in UK, focusing on cryptocurrency tech  —  Craig Wright, the Australian who claimed to be the inventor of bitcoin, is attempting to build a large patent portfolio around the digital currency …

FCC To Vote On Spectrum For 5G Wireless Networks

(5 days ago)
5G has been in the news for years, but it's not available for commercial use just yet. Things will become clearer this week. The Federal Communications Commission will vote on July 14 to decide new rules to identity and open spectrum for next-generation high-speed 5G wireless applications. Reuters reports: FCC Chairman Tom Wheeler said if the FCC "approves my proposal next month, the United States will be the first country in the world to open up high-band spectrum for 5G networks and applications." He said the FCC also will seek comments on opening other high-frequency spectrum bands. Policymakers and mobile phone companies say the next generation of wireless signals needs to be 10 to 100 times faster and be far more responsive to allow advanced technologies like virtual surgery or controlling machines remotely. Read more of this story at Slashdot.

Kuka investor Loh says not planning counter bid to Midea offer

(5 days ago)
BERLIN (Reuters) - German billionaire businessman Friedhelm Loh does not plan to launch a counter offer for German industrial robot maker Kuka, the target of a 4.5 billion euro ($5 billion) bid by China's Midea, he told a German newspaper.

FCC to vote on spectrum for 5G wireless networks

(5 days ago)
WASHINGTON (Reuters) - The U.S. Federal Communications Commission will vote July 14 on new rules to identify and open spectrum for next-generation high-speed 5G wireless applications, the panel's chairman said on Monday.

FCC to vote mid-July on new regulations to lay the groundwork for an ultrafast 5G network (John D. McKinnon/Wall Street Journal)

(5 days ago)
John D. McKinnon / Wall Street Journal:FCC to vote mid-July on new regulations to lay the groundwork for an ultrafast 5G network  —  Proposed wireless network could help with autonomous vehicles, extending broadband access  —  Federal regulators said Monday they will vote in mid-July on new regulations to lay the groundwork …
Add a source
Share |
| 1 |2 |3 |4 |5 |6 |7 |8 |9 |10 |




T:0.2632