An anonymous reader quotes a report from Bloomberg: Princeton University said it will cover all expenses for most families making as much as $100,000 a year and slash costs for those that earn more. The Ivy League school, among the world's richest, is continuing its "national leadership in the area of financial aid as families across the income spectrum struggle with rising college costs," the New Jersey university said Thursday in a statement. Roughly 1,500 undergraduates, about 25% of the student body, will pay nothing for tuition, housing and food under the plan, Princeton said. Previously, families making $65,000 or less were eligible. The costs for students whose families earn as much as $150,000 annually will be cut by almost half, and a "$3,500 student contribution typically earned through summer savings and campus work will be eliminated," the university said. "The total cost to attend Princeton this year is $79,540," notes Bloomberg. "The school's endowment totaled $37.7 billion at the end of June 2021."Read more of this story at Slashdot.
Meta Platforms has disbanded its Responsible Innovation team, which was once a prominent piece of its effort to address concerns about the potential downsides of its products. From a report: The team had included roughly two dozen engineers, ethicists and others who collaborated with internal product teams and outside privacy specialists, academics and users to identify and address potential concerns about new products and alterations to Facebook and Instagram. Meta spokesman Eric Porterfield said the company remains committed to the team's goals, and that most of its former members would continue similar work elsewhere at Meta, though they aren't guaranteed new jobs. He said the company believed its safe and ethical product design resources were better spent on more issue-specific teams. The team's demise comes at a tumultuous time for Meta, as it contends with a precipitous slowdown in its core digital-advertising business that has prompted it to slow hiring in recent months. Chief Executive Mark Zuckerberg has been trying to overhaul a broad swath of the social-media giant's businesses, emphasizing initiatives that can help drive near-term growth or that fit with his longer-term emphasis on the metaverse, a loosely defined, more immersive version of the internet that he says is central to the company's future. As envisioned, according to past statements by the company and the team's leaders, the Responsible Innovation team was to have had a formative role in future company products, beginning with encouraging newly hired engineers in how to think about potential downsides to what they build and then consulting on the design of specific products.Read more of this story at Slashdot.
North Carolina-based developer Idrees Hassan loves Minecraft so much that he recently created a monospaced font for programming based on the typeface found in the wildly popular video game. The result, Monocraft, gives programmers the feel of being in Minecraft without using any assets from the game. From a report: "To be honest, I made this font because I thought it'd be fun to learn how fonts worked," Hassan told Ars. "Existing Minecraft fonts were missing a bunch of small details like proper kerning and pixel size, so I figured I should make my own. Once that was done, there was nothing stopping me from going overboard and turning it into a 'proper' programming font. Plus, now I can write Minecraft plugins in a Minecraft font!" To adapt the Minecraft font for development purposes, Hassan redesigned characters to look better in a monospaced format, added a few serifs to make letters such as "i" and "l" easier to distinguish, created new programming ligature characters, and refined the arrow characters to make them easier to read. (Ligature characters combine popular operational character strings such as "!=" into a single new character, but they aren't always popular with developers.)Read more of this story at Slashdot.
smooth wombat writes: France has taken steps to outlaw so-called dark stores - city-centre food depots used for instant home deliveries ordered over the internet. Faced by growing protests from local people as well as city authorities, President Emmanuel Macron's government has decreed that the stores be classified as warehouses, rather than as shops - meaning that in Paris and other cities most will probably be forced to close. Run by half a dozen competing companies such as Gorillas, Cajoo, Getir, Flink and Gopuff, "dark stores" have proliferated in France as elsewhere over the last two years after Covid confinement popularised internet food shopping. Advertising in Paris urges householders to get their food delivered in less than 10 minutes - or "quicker than a double by Benzema," referring to the French football star. A campaign by Cajoo shows "Alex" doing his shopping by smartphone while sitting on the lavatory. But residents of buildings where "dark stores" have replaced pre-existing grocery shops are angry about noise from early morning lorries and the disruption caused by squads of deliverers on electric bicycles and scooters. City officials - who spent millions to safeguard the high street against out-of-town shopping centres - are worried that the new threat from "quick commerce" will drain life from public spaces and hasten the trend to an "atomised" society of solitary consumers.Read more of this story at Slashdot.
Until about a month ago, shoppers on Dell's website looking for a new laptop could log in using their Facebook credentials to avoid creating a new username and password. That option is now gone. Dell isn't alone. CNBC: Other big brands, including Best Buy, Ford Motor, Pottery Barn, Nike, Patagonia, Match and Amazon's video-streaming service Twitch have removed the ability to sign on with Facebook. It's a marked departure from just a few years ago, when the Facebook login was plastered all over the internet, often alongside buttons that let you sign in with Google, Twitter or LinkedIn. Jen Felch, Dell's chief digital and chief information officer, said people stopped using social logins, for reasons that include concerns over security, privacy and data-sharing. "We really just looked at how many people were choosing to use their social media identity to sign in, and that just has shifted over time," Felch said. "One thing that we see across the industry is more and more security risks or account takeovers, whether that's Instagram or Facebook or whatever it might be, and I just think we're observing people making a decision to isolate that social media account versus having other connections to it." The disappearing login is the latest sign of Facebook's diminishing influence on the internet following more than a decade of spectacular growth. In the past year, the company's business has been beset by Apple's iOS privacy change, which made it harder to target ads, a deteriorating economy, competition from short-video service TikTok, and reputational damage after a whistleblower leaked documents showing Facebook knew of the harm caused by many of its products.Read more of this story at Slashdot.
Twitter agreed in June to pay roughly $7 million to the whistleblower whose allegations will be part of Elon Musk's case against the company, WSJ reported Thursday, citing people familiar with the matter. From the report: The settlement was completed days before Peiter Zatko filed his whistleblower complaint in July. Mr. Zatko is the hacker who was Twitter's security head before being fired in January. In his whistleblower complaint, Mr. Zatko accuses the company of failing to protect sensitive user data and lying about its security problems. Twitter's confidential June settlement was related to Mr. Zatko's lost compensation and followed monthslong mediation over tens of millions of dollars in potential pay, the people said. Such compensation agreements aren't unusual when an executive departs a company prematurely and leaves behind potential stock options and other money. As part of the settlement, Mr. Zatko agreed to a nondisclosure agreement that forbids him from speaking publicly about his time at Twitter or disparaging the company, the people said. Congressional hearings and governmental whistleblower complaints are two of the few venues in which he is permitted to speak openly, they said, and such exemptions are typical in compensation settlements. Mr. Zatko is set to testify before the U.S. Senate Judiciary Committee on Tuesday to discuss his allegations of security failures at Twitter. The same day, Twitter shareholders are being asked to vote on Mr. Musk's proposed takeover of the social-media company.Read more of this story at Slashdot.
Queen Elizabeth II, the UK's longest-serving monarch, has died at Balmoral aged 96, after reigning for 70 years. BBC: Her family gathered at her Scottish estate after concerns grew about her health earlier on Thursday. The Queen came to the throne in 1952 and witnessed enormous social change. With her death, her eldest son Charles, the former Prince of Wales, will lead the country in mourning as the new King and head of state for 14 Commonwealth realms. In a statement, Buckingham Palace said: "The Queen died peacefully at Balmoral this afternoon. "The King and the Queen Consort will remain at Balmoral this evening and will return to London tomorrow." All the Queen's children travelled to Balmoral, near Aberdeen, after doctors placed the Queen under medical supervision. Her grandson, Prince William, is also there, with his brother, Prince Harry, on his way. Queen Elizabeth II's tenure as head of state spanned post-war austerity, the transition from empire to Commonwealth, the end of the Cold War and the UK's entry into - and withdrawal from - the European Union. Her reign spanned 15 prime ministers starting with Winston Churchill, born in 1874, and including Liz Truss, born 101 years later in 1975, and appointed by the Queen earlier this week. She held weekly audiences with her prime minister throughout her reign. At Buckingham Palace in London, crowds awaiting updates on the Queen's condition began crying as they heard of her death. The Queen was born Elizabeth Alexandra Mary Windsor, in Mayfair, London, on 21 April 1926. Further reading: OBITUARY -- A Queen for the AgesRead more of this story at Slashdot.
Federal Reserve Chairman Jerome Powell said the central bank is squarely focused on bringing down high inflation to prevent it from becoming entrenched as it did in the 1970s. From a report: "It is very much our view, and my view, that we need to act now forthrightly, strongly, as we have been doing, and we need to keep at it until the job is done," Mr. Powell said Thursday morning at a virtual conference hosted by the Cato Institute. Mr. Powell repeated the core themes of his speech at an annual central banking symposium in Jackson Hole, Wyo., two weeks ago. He said he had opted to deliver a "concise and focused message" at that event to underscore the Fed's overarching commitment to return inflation to its 2% target. Mr. Powell said the key lesson from the high inflation of the 1970s and the aggressive steps taken by Fed Chairman Paul Volcker in the early 1980s to bring inflation down was the importance of preventing households and businesses from expecting inflation to rise. "The public had really come to think of higher inflation as the norm and to expect it to continue, and that's what made it so hard to get inflation down in that case," Mr. Powell said. The takeaway for policy makers, he added, is that "the longer inflation remains well above target, the greater the risk the public does begin to see higher inflation as the norm and that has the capacity to really raise the costs of getting inflation down."Read more of this story at Slashdot.
The Treasury Department will warn the White House that cryptocurrencies could pose significant financial risks that outweigh their benefits unless the government rolls out major new regulations, Washington Post reported Thursday, citing two people familiar with the matter. From the report: Through four separate reports this month, Treasury is expected to make clear that the Biden administration's top economic officials believe crypto needs strong oversight, as lawmakers weigh new rules for the digital assets. Treasury's reports will highlight the economic danger of cryptocurrencies in several key areas, including the fraud risks they pose for investors, the two people familiar with the matter said, speaking on the condition of anonymity to discuss the reports before they're public. Treasury's assessments conclude that cryptocurrencies do not yet pose a stability risk to the broader financial system -- but that the situation could change rapidly. One of the reports will focus in particular on the financial hazards posed by stablecoins, a form of cryptocurrency that is in theory pegged to the value of the U.S. dollar, the people said. Treasury last fall called on Congress to give banking regulators new authority to police those digital tokens, but lawmakers have yet to reach agreement on how to do so. Meanwhile, the collapse of a $60 billion stablecoin project called Terra this spring helped accelerate a broader crypto market downturn that's ongoing.Read more of this story at Slashdot.
American social media companies are increasingly feeling the squeeze from TikTok, the fastest growing video platform on the planet, owned by Beijing-based ByteDance. At this year's Code Conference, some of the world's top tech and media CEOs, and prominent political voices, raised concerns at the event about the power, rapid growth and surveillance capabilities of the Chinese-owned platform, in some cases calling for it to be banned altogether. From a report: "The reason why this has been so challenging for companies to respond to in the United States, but also around the world, is the scale of TikTok's investment," said Spiegel of Snap, which recently laid off some 20% of its own workforce. "What nobody had anticipated in the United States was the level of investment that ByteDance made into the U.S. market, and of course in Europe, because it was just something that was unimaginable -- no startup could afford to invest billions and billions and billions of dollars in user acquisition like that around the world," Spiegel said Wednesday night. "It was a totally different strategy than any technology company had expected before because it wasn't an innovation-led strategy; it was really about subsidizing large-scale user acquisition."Read more of this story at Slashdot.
Investment giant BlackRock is rebutting Republican politicians over its ESG investment policies, arguing that its critics are wrong on both the science and the cents. Axios: Private equity and other investment fund managers should pay close attention, because they could be next in the line of fire. Last month, 18 state attorneys general sent a letter to BlackRock, essentially arguing that its goal of moving toward a net-zero economy is in conflict with its fiduciary duty. Two states, Texas and West Virginia, also banned state entities from doing business with BlackRock, arguing (incorrectly) that the firm boycotts fossil fuel company investments. Axios' Alayna Treene reports that the BlackRock blowback is part of a coordinated lobbying effort, writing: "The crusade against ESG investments is something many conservatives feel deeply about -- they view these companies as cultural enemies who are misusing investment funds to promote pro-climate policies... House Republicans plan to make an assault on ESG a central part of their legislative and investigative agenda if they take back the majority in November's midterms." BlackRock yesterday responded to the AG's letter, with a 10-page letter of its own. After again disputing the "boycott" accusations, the firm wrote: "We believe investors and companies that take a forward-looking position with respect to climate risk and its implications for the energy transition will generate better long-term financial outcomes." BlackRock is the world's largest asset manager, and its CEO Larry Fink has been very outspoken about ESG initiatives (with declining emphasis as the acronym progresses). In other words, it's a juicy target.Read more of this story at Slashdot.
Companies that help facilitate transactions in the cryptocurrency market should register with the U.S. Securities and Exchange Commission (SEC) just like other market intermediaries, the agency's chair said on Thursday. From a report: Gary Gensler said intermediaries in the crypto market provide a range of functions regulated by the SEC, including operating as an exchange, broker dealer, clearing agent and custodian, and should be registered accordingly. "If you fall into any of these buckets, come in, talk to us, and register," Gensler told an audience of attorneys in Washington, D.C., reiterating that the vast majority of crypto tokens qualify as securities and are captured by relevant laws. "The commingling of the various functions within crypto intermediaries creates inherent conflicts of interest and risks for investors," he added. While Gensler has previously said crypto lenders fall under the SEC's purview, his comments provide more detail on other crypto market actors the SEC believes fall within its jurisdiction.Read more of this story at Slashdot.
Six users of Tornado Cash, a popular decentralized cryptocurrency service, filed a lawsuit on Thursday against the U.S. Treasury Department, Secretary Janet Yellen, and other officials over their decision to slap sanctions on the service in August. From a report: The outcome of the case, which turns on the novel legal question of whether the U.S. government can impose sanctions on publicly-available software code, is likely to have implications for the crypto industry for years to come. In a 20-page complaint filed in federal court in Texas, the users claim the decision to sanction Tornado Cash exceeded the government's authority, and violated their free speech and property rights under the U.S. Constitution, and "threatens the ability of law-abiding Americans to engage freely and privately in financial transactions." In recent years, Tornado Cash has emerged as a popular tool for those wishing to hide their crypto transactions. Using smart contracts on the Ethereum blockchain, it allows users to deposit crypto into a pool alongside other users and then distribute it to third-party wallets -- the process makes it highly difficult to determine who gave funds to a given wallet. The plaintiffs in the case include Preston Van Loon, a prominent figure in the Ethereum community who claims he cannot access thousands of dollars worth of Ethereum deposited with Tornado Cash, and his brother, Joseph, who says he intended to use the service to privately fund an Ethereum node and staking service but can no longer do so because of the sanctions. The plaintiffs also include Tyler Almeida, a California security analyst at Coinbase, who alleges that he used Tornado Cash to make anonymous donations to support Ukraine. Almeida claims the U.S. placing sanctions on the service impedes his right to donate -- and by extension his right to express himself under the First Amendment. Almeida is one of two Coinbase employees to put their name on the lawsuit. The company, whose CEO Brian Armstrong has vocally objected to the sanctions on Tornado Cash, is paying the legal bills of the employees and four other plaintiffs.Read more of this story at Slashdot.
Apple CEO Tim Cook dismissed the idea of adopting RCS messaging to put an end to the green bubbles that surround messages when iPhone users text someone on an Android device. From a report: "I don't hear our users asking that we put a lot of energy in on that at this point," Cook said when asked how Apple founder Steve Jobs would feel about using the RCS standard in iMessage during Vox Media's Code 2022 event on Wednesday night. Instead, Cook said, "I would love to convert you to an iPhone." But the person who asked the question, Vox Media's LiQuan Hunt, came back with a valid complaint, saying that his mother can't see the videos he sends her. It all comes down to a lack of interoperability between iMessage and RCS, both messaging systems that could allow higher-quality images and videos -- if they worked together. If you've tried to send a video from Android to iOS (or vice versa) using your regular text messaging app, then you know that your videos come out completely fuzzy on the other end. Cook's suggestion to fix this annoying issue? "Buy your mom an iPhone."Read more of this story at Slashdot.
A trio of researchers at Purdue University has developed a new theory to explain why Pluto's moon Charon has a reddish north pole. Phys.Org reports: In their paper published in the journal Nature Communications, Stephanie Menten, Michael Sori and Ali Bramson, describe their study of the reddish surfaces of many icy objects in the Kuiper Belt, and how they might relate to Charon's reddish pole. Prior research has shown that many icy objects in the Kuiper belt are partly or entirely covered in reddish brown material. Prior research has also shown that the material is a kind of tholin -- compounds that are formed when organic chemicals are showered with radiation. But that has raised the question of where the organic compounds may have come from. In this new effort, the researchers theorize that it comes from methane released from cryovolcanoes. [...] They note that prior research suggests that gases escaping from Pluto are responsible for the reddish pole. As the ocean froze, the methane would have become trapped in the ice, the researchers note. They note also that as the water became pressurized, cracks would have formed, leading to occasional eruptions. Such cryovolcanic eruptions, they suggest, could have released some amount of methane gas. And if some of that methane gas managed to drift all the way to the north pole, it would have frozen and fallen to the surface. And if it fell to the surface, it would have been subjected to millions of years of radiation from the sun, making it turn red. [...] They found that approximately 1000 billion metric tons of the gas could have made it to northern pole -- more than enough to create a red cap.Read more of this story at Slashdot.
An international team of scientists says it has discovered two new "super-Earth" type planets about 100 light-years away, one of which may be suitable for life. NPR reports: Unlike any of the planets in our solar system, the nearly 1,600 known super-Earths are larger than Earth, but lighter than icy planets like Uranus and Neptune. Researchers at Belgium's University of Liege announced Wednesday that they found another one while using Earth-based telescopes to confirm the existence of a different planet initially discovered by a NASA satellite in the same solar system. NASA's satellite found planet LP 890-9b, which is about 30% larger than Earth and orbits its sun in just 2.7 days. ULiege researchers used their SPECULOOS (Search for habitable Planets EClipsing ULtra-cOOl Stars) telescopes in Chile and Spain to take a closer look at the planet with high-precision cameras. That's when the stargazers discovered another planet, LP 890-9c (renamed SPECULOOS-2c by the ULiege researchers), which is 40% larger than Earth and takes 8.5 days to orbit its sun. Francisco Pozuelos, a researcher at the Institute of Astrophysics of Andalusia and one of the main co-authors of the paper, said in a news release that the planet could be suitable to life despite being a mere 3.7 million miles from its sun. Earth, by comparison, is located over 93 million miles away from our sun. "Although this planet orbits very close to its star, at a distance about 10 times shorter than that of Mercury around our Sun, the amount of stellar irradiation it receives is still low, and could allow the presence of liquid water on the planet's surface, provided it has a sufficient atmosphere," Pozuelos said. "This is because the star LP 890-9 is about 6.5 times smaller than the Sun and has a surface temperature half that of our star."Read more of this story at Slashdot.
An anonymous reader quotes a report from New Scientist: A nuclear fusion reaction has lasted for 30 seconds at temperatures in excess of 100 million degrees celsius. While the duration and temperature alone aren't records, the simultaneous achievement of heat and stability brings us a step closer to a viable fusion reactor -- as long as the technique used can be scaled up. [...] Now Yong-Su Na at Seoul National University in South Korea and his colleagues have succeeded in running a reaction at the extremely high temperatures that will be required for a viable reactor, and keeping the hot, ionized state of matter that is created within the device stable for 30 seconds. Controlling this so-called plasma is vital. If it touches the walls of the reactor, it rapidly cools, stifling the reaction and causing significant damage to the chamber that holds it. Researchers normally use various shapes of magnetic fields to contain the plasma -- some use an edge transport barrier (ETB), which sculpts plasma with a sharp cut-off in pressure near to the reactor wall, a state that stops heat and plasma escaping. Others use an internal transport barrier (ITB) that creates higher pressure nearer the center of the plasma. But both can create instability. Na's team used a modified ITB technique at the Korea Superconducting Tokamak Advanced Research (KSTAR) device, achieving a much lower plasma density. Their approach seems to boost temperatures at the core of the plasma and lower them at the edge, which will probably extend the lifespan of reactor components. Dominic Power at Imperial College London says that to increase the energy produced by a reactor, you can make plasma really hot, make it really dense or increase confinement time. "This team is finding that the density confinement is actually a bit lower than traditional operating modes, which is not necessarily a bad thing, because it's compensated for by higher temperatures in the core," he says. "It's definitely exciting, but there's a big uncertainty about how well our understanding of the physics scales to larger devices. So something like ITER is going to be much bigger than KSTAR". Na says that low density was key, and that "fast" or more energetic ions at the core of the plasma -- so-called fast-ion-regulated enhancement (FIRE) -- are integral to stability. But the team doesn't yet fully understand the mechanisms involved. The reaction was stopped after 30 seconds only because of limitations with hardware, and longer periods should be possible in future. KSTAR has now shut down for upgrades, with carbon components on the wall of the reactor being replaced with tungsten, which Na says will improve the reproducibility of experiments. The research has been published in the journal Nature.Read more of this story at Slashdot.
Bob Iger, former Disney CEO, explained on Wednesday why Disney didn't acquire Twitter in 2016. He said: "We enter the process immediately, looking at Twitter as the solution: a global distribution platform. It was viewed as sort of a social network. We were viewing it as something completely different. We could put news, sports, entertainment, [and] reach the world. And frankly, it would have been a phenomenal solution, distribution-wise. Then, after we sold the whole concept to the Disney board and the Twitter board, and we're really ready to execute -- the negotiation was just about done -- I went home, contemplated it for a weekend, and thought, 'I'm not looking at this as carefully as I need to look at it.' Yes, it's a great solution from a distribution perspective. But it would come with so many other challenges and complexities that as a manager of a great global brand, I was not prepared to take on a major distraction and having to manage circumstances that weren't even close to anything that we had faced before. Interestingly enough, because I read the news these days, we did look very carefully at all of the Twitter users -- I guess they're called users? -- and we at that point estimated with some of Twitter's help that a substantial portion -- not a majority -- were not real. I don't remember the number but we discounted the value heavily. But that was built into our economics. Actually, the deal that we had was pretty cheap."Read more of this story at Slashdot.
A timely mobile alert may have prevented hundreds of thousands of Californians from being plunged into darkness in the middle of a heat wave Tuesday night. Bloomberg reports: Just before 5:30 p.m. local time, California's grid operator ordered its highest level of emergency, warning that blackouts were imminent. Then, at 5:48 p.m., the state's Office of Emergency Services sent out a text alert to people in targeted counties, asking them to conserve power if they could. Within five minutes the grid emergency was all but over. Power demand plunged by 1.2 gigawatts between 5:50 and 5:55 p.m., and would continue to drop in the hours after that, according to data from the California Independent System Operator. A gigawatt is enough to power about 750,000 Californian homes. But while the state's grid operator said California had avoided rolling blackouts Tuesday, some cities apparently didn't get the message. Officials in three San Francisco Bay area cities -- Alameda, Healdsburg and Palo Alto -- reported on social media that power shutdowns were underway that evening, which also could have contributed to the sharp decline in demand. By 8 p.m., the grid operator canceled the highest level of emergency without calling for power cuts. More than 500,000 homes and businesses had been warned earlier in the day that they might lose service.Read more of this story at Slashdot.
After getting "punched in the face hard" by a cratering stock price and brutal layoffs, Snap CEO Evan Spiegel told employees this week how the company plans to still grow its revenue and user base next year. The Verge reports: In an internal memo sent to employees on September 6th and obtained by The Verge, Spiegel said the company aims to grow Snapchat's user base by 30 percent to 450 million by the end of next year, and that it aims to increase revenue to $6 billion in 2023. He said the plan is for $350 million of that revenue to come from the paid subscription Snapchat recently introduced to unlock additional features, which is already on track to hit 4 million subscribers by the end of this year. [...] To achieve its user growth goal, Spiegel said Snap will focus on "increasing our penetration in at least one new large country or demographic" and onboarding more 30- to 40-year-olds. Funneling more users into the Map and Spotlight sections of Snapchat "helps to make our service more compelling for our community, harder to copy, and more resilient to competition, and increases our monetization opportunity over the longer term." Snap recently laid off 20 percent of its workforce, cutting whole teams and projects like its recently introduced camera drone. Even still, Spiegel said the company remains committed to augmented reality, which he thinks "represents the next major evolution in computing," and that the next generation of its Spectacles AR glasses is in development. "Leadership in augmented reality is important to Snap because it helps us build a durable competitive advantage that comes from investing over the long term, building things that are technically difficult, and growing a platform that is increasingly hard to replicate," Spiegel said. "It also positions us to benefit from the next major platform shift: mobile to wearables. Leading this shift will be one of our most meaningful contributions to human progress; empowering people to express themselves, live in the moment, learn about the world, and have fun together." Here are some other highlights from the memo: - Snap aims to grow time spent on content by 10 percent per user in 2023.- It wants 35 percent of users interacting daily with the Map tab of Snapchat and 30 percent of users on Spotlight, its TikTok competitor, every day next year.- The plan is to make $6 billion in revenue and at least $1 billion in free cash flow in 2023.- Snap wants AR-based advertising to make up 10 percent of its total ad revenue next year.- The company wants to grow the number of people who use its AR effects, called Lenses, in other apps to 1 billion monthly users next year.- It is setting up an AR enterprise division to sell its technology to other companies.- "We will help developers confidentially explore the possibilities that are enabled with our next-generation" of Spectacles, according to Spiegel, which suggests the next version won't be commercially available for sale.Read more of this story at Slashdot.
Last week, Twitter announced the ability to edit tweets for subscribers of its Twitter Blue service. "The company said that once the feature is available users will be able to edit their tweets for up to 30 minutes from posting," reports TechCrunch. "However, there's a catch: Users can only edit their tweets five times within this period." From the report: While this limit seems sufficient for correcting typos, uploading media files or adding some tags, the company might have introduced it to stop people from abusing the feature by changing the content on the tweet on a whim. The social media firm told TechCrunch that it's currently observing user behavior, and the number of edits available to users in the approved time frame could change. The "edit tweet" feature will be first available to users who pay for the optional Twitter Blue subscription, but it won't be rolling out to all paid users initially. Twitter confirmed that New Zealand-based subscribers will first get the feature and it will be later pushed to Twitter Blue users in Australia, Canada and the U.S once it learns more about usage patterns. So subscribers in these three countries might have to wait a bit longer and use the service without the marquee feature.Read more of this story at Slashdot.
An anonymous reader quotes a report from the Washington Post: The Internal Revenue Service will spend $15 million studying a free, government-backed tax filing system under a provision in the sweeping climate and health-care law Congress passed this summer. It's a landmark step toward overhauling the way most Americans file their taxes and ending years of domination of tax prep by private corporations. Democrats have long lamented that millions of American pay for the privilege of filing taxes, and that corporate tax services take money from the neediest households. Hardly anyone uses the free e-filing options that industry supports because of restrictions on which returns qualify. But the IRS has lacked the funding -- or the clout to outmaneuver private lobbyists -- to seriously consider its own e-filing platform, current and former officials say, forcing taxpayers instead to deal with a consortium of private providers and setting the agency back decades in technology and customer service. "The IRS is completely beholden to the software companies at this point because it just doesn't have anything to replace them," said Nina Olson, who served as the national taxpayer advocate, the IRS's internal consumer rights watchdog, from 2001 to 2019. The commercial tax prep industry is gargantuan, worth $11.9 billion in 2022, according to market research firm IBIS World; 9 in 10 individual tax returns were filed digitally in 2021, the IRS reported. The largest players, Intuit TurboTax and H&R Block, offer narrowly tailored free e-filing options, and charge $59 and $55, respectively, for their lowest-paid tiers, plus variable filing fees and costs for state tax returns. Tax experts say a government-backed system could give more Americans access to free and trustworthy services, while increasing IRS efficiency by encouraging more taxpayers to file easy-to-process digital returns rather than cumbersome paper ones. But that would upset an ecosystem that by many accounts has served taxpayers and the government well for decades. The U.S.'s voluntary tax compliance rate -- the proportion of filers who pay federal taxes accurately each year -- is 83.6 percent by the most recent measurements, among the highest of developed economies.Read more of this story at Slashdot.
Apple today announced that all iPhone 14 models sold in the U.S. do not have a built-in SIM card tray and instead rely entirely on eSIM technology. MacRumors reports: Tech specs on Apple's website confirm the iPhone 14, iPhone 14 Plus, iPhone 14 Pro, and iPhone 14 Pro Max are not compatible with physical SIM cards and instead have dual eSIM support, allowing for multiple cellular plans to be activated on a single device. An eSIM is a digital SIM that allows users to activate a cellular plan without having to use a physical nano-SIM card. eSIM availability is rapidly expanding, but the technology is still not available in all countries, which explains why iPhone 14 models will remain available with a SIM card tray outside of the U.S. for now. Apple's website has a list of carriers that support eSIM technology around the world. In the U.S., this includes AT&T, T-Mobile, US Cellular, Verizon, Xfinity Mobile, Boost Mobile, H2O Wireless, Straight Talk, C Spire, and some others.Read more of this story at Slashdot.
An anonymous reader quotes a report from The Intercept: In March, two veteran Facebook engineers found themselves grilled about the company's sprawling data collection operations in a hearing for the ongoing lawsuit over the mishandling of private user information stemming from the Cambridge Analytica scandal. The hearing, a transcript of which was recently unsealed (PDF), was aimed at resolving one crucial issue: What information, precisely, does Facebook store about us, and where is it? The engineers' response will come as little relief to those concerned with the company's stewardship of billions of digitized lives: They don't know. The admissions occurred during a hearing with special master Daniel Garrie, a court-appointed subject-matter expert tasked with resolving a disclosure impasse. Garrie was attempting to get the company to provide an exhaustive, definitive accounting of where personal data might be stored in some 55 Facebook subsystems. Both veteran Facebook engineers, with according to LinkedIn two decades of experience between them, struggled to even venture what may be stored in Facebook's subsystems. "I'm just trying to understand at the most basic level from this list what we're looking at," Garrie asked. "I don't believe there's a single person that exists who could answer that question," replied Eugene Zarashaw, a Facebook engineering director. "It would take a significant team effort to even be able to answer that question." When asked about how Facebook might track down every bit of data associated with a given user account, Zarashaw was stumped again: "It would take multiple teams on the ad side to track down exactly the -- where the data flows. I would be surprised if there's even a single person that can answer that narrow question conclusively." [...] Facebook's stonewalling has been revealing on its own, providing variations on the same theme: It has amassed so much data on so many billions of people and organized it so confusingly that full transparency is impossible on a technical level. In the March 2022 hearing, Zarashaw and Steven Elia, a software engineering manager, described Facebook as a data-processing apparatus so complex that it defies understanding from within. The hearing amounted to two high-ranking engineers at one of the most powerful and resource-flush engineering outfits in history describing their product as an unknowable machine. The special master at times seemed in disbelief, as when he questioned the engineers over whether any documentation existed for a particular Facebook subsystem. "Someone must have a diagram that says this is where this data is stored," he said, according to the transcript. Zarashaw responded: "We have a somewhat strange engineering culture compared to most where we don't generate a lot of artifacts during the engineering process. Effectively the code is its own design document often." He quickly added, "For what it's worth, this is terrifying to me when I first joined as well."Read more of this story at Slashdot.
Today, Apple announced a handful of new products at their iPhone launch event in Cupertino. Along with four new iPhones, Apple unveiled the brand-new Series 8 Apple Watch and refreshed SE. It also unveiled a completely new, rugged Apple Watch Ultra. The Verge reports: The Apple Watch Ultra is the star of the show because it isn't something we've seen before. It's got a big honking 49mm rectangular display, which... truly is in a class of its own. Not only is it the biggest Apple Watch screen, but it's also the brightest at 2,000 nits. As for how that wrist slab feels, it was actually lighter on my wrist than I'd expected, probably because its case is made of titanium. But make no mistake -- it is a BIG watch. Another thing that's immediately apparent is the design tweaks Apple's made for the extreme fitness crowd. There's the new orange action button, a button guard, and a redesigned crown. The rim around the display is also raised to protect the sapphire crystal display -- which is something we saw on the Samsung Galaxy Watch 5 Pro as well. Plus, that display is truly flat. Next up is the Apple Watch Series 8. At a glance, there's really not too much to differentiate it from the Series 7, though I can definitely tell the screen appears bigger. Inside, there's a new temperature sensor, though it's not something I was able to really check out here in Cupertino. The sensor is meant to help retrospectively detect ovulation. It's also got an updated chip -- the S8 -- which keeps things snappy when you're swiping through menus. The Series 8 also has a new gyroscope and accelerometer to help call emergency services if it detects you've been in a car crash. The new SE is also a fairly incremental update. It, too, gets an upgrade to the S8 chip, whereas the original SE was a bit of a Frankenstein watch. It had the processor of the Series 5 mixed in with some sensors used in the Series 6 minus the EKG sensor. The new SE has the same motion sensors as the Series 8 for crash detection and is 20 percent faster than before. The screen is also 30 percent larger than the Series 3, and the sensor array color matches the front. It's mostly still missing the always-on display and the new temperature sensor. All three models are available for preorder today. The Series 8 and SE will ship on September 16, with the Ultra shipping on the 23rd.Read more of this story at Slashdot.
An anonymous reader shares a report: On the eve of Google's acquisition of YouTube in 2006, the video site's cofounder Chad Hurley discovered that a Google ad manager had snooped on YouTube's revenue figures. Hurley was so irked by the invasion of YouTube's business that he threatened to walk away from the deal, a new book about YouTube's founding reveals. Google's CEO at the time, Eric Schmidt, was able to calm Hurley down enough to close the $1.65 billion deal -- a deal that became a pivot point in the development of the modern internet. The previously unreported episode comes from the book "Like, Comment, Subscribe: Inside YouTube's Chaotic Rise to World Domination" by the Bloomberg reporter Mark Bergen.Read more of this story at Slashdot.
Microsoft has promised to keep Call of Duty on PlayStation for three years beyond the current agreement between Activision and Sony, says PlayStation CEO Jim Ryan. In a statement provided to GamesIndustry.biz, Ryan says the offer was "inadequate on many levels." From a report: The disagreement between the two companies follows Microsoft's offer to buy Call of Duty publisher Activision Blizzard in a deal worth nearly $69 billion. [...] Last week, Xbox revealed that it had "provided a signed agreement to Sony to guarantee Call of Duty on PlayStation, with feature and content parity, for at least several more years" beyond Sony's existing contract with Activision. Xbox chief said this offer "goes well beyond typical gaming industry agreements." The current deal between Sony and Activision Blizzard around Call of Duty is believed to cover the next three releases, including this year's Call of Duty: Modern Warfare 2. However, Sony says the offer fails to consider the impact on PlayStation gamers. "I hadn't intended to comment on what I understood to be a private business discussion, but I feel the need to set the record straight because Phil Spencer brought this into the public forum," Ryan stated. "Microsoft has only offered for Call of Duty to remain on PlayStation for three years after the current agreement between Activision and Sony ends. After almost 20 years of Call of Duty on PlayStation, their proposal was inadequate on many levels and failed to take account of the impact on our gamers. We want to guarantee PlayStation gamers continue to have the highest quality Call of Duty experience, and Microsoftâ(TM)s proposal undermines this principle."Read more of this story at Slashdot.
Network hardware-maker QNAP is urging customers to update their network-attached storage devices immediately to protect them from a new wave of ongoing ransomware attacks that can destroy terabytes of data in a single stroke. From a report: Singapore-based QNAP said recently that it has identified a new campaign from a ransomware group known as DeadBolt. The attacks take aim at QNAP NAS devices that use a proprietary feature known as Photo Station. The advisory instructs customers to update their firmware, suggesting there is a vulnerability that's under exploit, but the company makes no explicit mention of a CVE designation that security professionals use to track such security flaws.Read more of this story at Slashdot.
Celsius Network, the bankrupt cryptocurrency lender, may have hidden its financial trouble from its investors and "engaged in the improper manipulation of the price" of the platform's tokens to boost the company's balance sheet and financials, according to a new court filing. From a report: The Vermont Department of Financial Regulation submitted the filing on Wednesday in support of the United States Trustee's motion to appoint an independent examiner. The trustee handling Celsius's bankruptcy case previously said that it is seeking an examiner to help get additional information and clear up "confusion and anxiety." The latest filing shows that, based on a preliminary analysis of financial records, Celsius posted "massive losses" in the first seven months of 2021 and experienced "two material adverse events" in June and July of that year. And that the company had kept its losses from investors, despite state and federal securities laws requirements to disclose its financial statements. Moreover, the filing also alleged that Celsius may have manipulated the price of its CEL token. The move may have "artificially" inflated the company's CEL holdings on its balance sheet. The company "never earned enough revenue to support the yields being paid to investors," the filing said.Read more of this story at Slashdot.
Apple has officially announced the iPhone 14 Pro and iPhone 14 Pro Max. In the first big display redesign since Apple introduced the iPhone X in 2017, both handsets have a new pill-shaped cutout that replaces the notch and can adjust dynamically. Both devices also have a faster A16 Bionic chip and an always-on display. From a report: Apple CEO Tim Cook calls the iPhone 14 Pro and Pro Max the "most innovative pro lineup yet." The iPhone 14 Pro will start at $999, and the iPhone 14 Pro Max starts at $1,099. Both will be available for preorder on September 9th and available in stores on September 16th. The first notable design change with the iPhone 14 Pro models is the display. While Apple will offer the usual 6.1- and 6.7-inch options, the notch is being replaced by a pill-shaped cutout that will house the Face ID components and a second circular cutout for the front-facing camera. Apple has moved the proximity sensor behind the display, and notifications will now pop out of the notch in an animation. Apple calls this system the Dynamic Island. Notifications and alerts will adapt and move around the pill-shaped notch, and Apple is really leaning into how it animates and uses the system for new notifications. Apple demonstrated a variety of ways the Dynamic Island will animate and work in practice, including live activity widgets coming to life and animations and controls for music. When you swipe to go home, background tasks like music playback will move to the island.Read more of this story at Slashdot.
Apple has announced the iPhone 14 and 14 Plus, preserving much of the iPhone 13's design -- including a notch for the phone's selfie camera and Face ID sensors. From a report: Either way, the 14 looks an awful lot like the 13 at first glance, with the same flat display and rails. The US models of the iPhone 14 also do away with the physical SIM tray, going all-in on eSIM. The standard iPhone 14 model starts at $799, and the 14 Plus starts at $899. The iPhone 14 will also support the much-rumored emergency messaging via communication satellites when you're out of range of a cell signal, called Emergency SOS. The phone's antennas can connect to satellite frequencies. Apple says it can take less than 15 seconds to send a message with a clear view of the sky, and the interface guides users to point their phone in the right direction, as well as walking through steps to connect with emergency service providers. It's also possible to use the Find My app to share location without sending a message. It's free for two years with iPhone 14 models. The iPhone 14 sticks with a 6.1-inch screen, while the 14 Plus offers a big 6.7-inch screen. The 14 Plus model claims to offer the best battery life of any iPhone. Both models continue to offer last year's A15 Bionic chipset -- a major shift for Apple, which has typically introduced a new processor to be used by its entire iPhone portfolio every year.Read more of this story at Slashdot.
The rise of fintech services and digital banking could spur financial risks and potentially a crisis over the long term, Michael Hsu, Acting Comptroller of the Currency, a major U.S. bank regulator, warned on Wednesday. From a report: "I believe fintechs and big techs are having a large impact and warrant much more of our attention," Hsu told a New York conference, noting the encroachment of fintech companies into the traditional financial sector, including via partnerships with banks, was creating more complexity and "de-integration" across the banking sector. "My strong sense is that this process, left to its own devices, is likely to accelerate and expand until there is a severe problem, or even a crisis," Hsu said. Banks and tech firms, in an effort to provide a seamless customer experience, are teaming up in ways that make it more difficult for regulators to distinguish between where the bank stops and where the tech firm starts, said Hsu. And with fintech valuations falling as financing costs rise, bank partnerships with fintechs are increasing, he said.Read more of this story at Slashdot.
A cybercriminal group containing former members of the notorious Conti ransomware gang is targeting the Ukrainian government and European NGOs in the region, Google says. From a report: The details come from a new blog post from the Threat Analysis Group (TAG), a team within Google dedicated to tracking state-sponsored cyber activity. With the war in Ukraine having lasted more than half a year, cyber activity including hacktivism and electronic warfare has been a constant presence in the background. Now, TAG says that profit-seeking cybercriminals are becoming active in the area in greater numbers. From April through August 2022, TAG has been following "an increasing number of financially motivated threat actors targeting Ukraine whose activities seem closely aligned with Russian government-backed attackers," writes TAG's Pierre-Marc Bureau. One of these state-backed actors has already been designated by CERT -- Ukraine's national Computer Emergency Response Team -- as UAC-0098. But new analysis from TAG links it to Conti: a prolific global ransomware gang that shut down the Costa Rican government with a cyberattack in May.Read more of this story at Slashdot.
Albania cut diplomatic ties with Iran and expelled the country's embassy staff over a major cyberattack nearly two months ago that was allegedly carried out by Tehran on Albanian government websites, the prime minister said Wednesday. From a report: The move by Albania, a NATO country, was the first known case of a country cutting diplomatic relations over a cyberattack. The White House vowed unspecified retaliation Wednesday against Iran for what it called "a troubling precedent for cyberspace." In a statement, the White House said it has had experts on the ground for weeks helping Albania and had concluded Iran was behind the "reckless and irresponsible" attack and subsequent hack-and-leak operation. The government's decision was formally delivered to the Iranian Embassy in Tirana, the capital, in an official note, Prime Minister Edi Rama said. All embassy staff, including diplomatic and security personnel, were ordered to leave Albania within 24 hours. On July 15, a cyberattack temporarily shut down numerous Albanian government digital services and websites. Rama said an investigation determined that the cyberattack wasn't carried out by individuals or independent groups, calling it "state aggression."Read more of this story at Slashdot.
An anonymous reader shares a report: Microsoft and Adobe have been friendly bedfellows for decades. Microsoft's dominant PC operating system has been the gateway for Adobe to reach millions of business users with its design software. The companies' CEOs even attended the same high school in India, and both moved to the U.S. in the 1980s for graduate school in computer science. They share a common bond over the successful transition from desktop software to the cloud. But inside Microsoft, an emerging challenge to Adobe is catching fire and raising questions about the future of one of the tech industry's most intimate relationships. Figma, a San Francisco-based startup that celebrated its 10th anniversary in August, is being used by tens of thousands of employees inside Microsoft and, for many, is at the heart of their daily work. The number of users has steadily increased in recent years, though neither company will say how many of them are editors with paid accounts. The cloud-based design software came in the door in 2016, when Microsoft acquired mobile app development platform Xamarin and brought in a 350-person team that, months after the deal closed, would become Figma power users. The product has since become so central to how Microsoft's designers do their jobs that Jon Friedman, corporate vice president of design and research, said Figma is "like air and water for us." It's also used by engineers, marketers and data scientists across Microsoft. For Figma, getting traction inside big companies, particularly within Microsoft, has required going head-to-head with Adobe's competing XD program, and winning its fair share of deals. That doesn't mean the market has completely flipped, or that Adobe is being fully supplanted. "We're still heavy on Adobe Illustrator, Photoshop and XD," Friedman said. Adobe and Microsoft have worked together for more than two decades. In addition to Adobe gaining ubiquity by distributing across Windows machines, the two companies have been syncing their products in desktop, cloud and mobile computing, with over 50 integrations listed on Microsoft's website. Penetrating that alliance has not always been smooth for Figma. In 2016, Microsoft acquired Sunrise, a startup with a popular calendar app. The Sunrise team relied on Figma and continued to use it after the deal closed. Sunrise co-founder Jeremy Le Van said his employees were among the lucky ones at Microsoft. He said some Microsoft staffers weren't able to use Figma because of the business relationship with Adobe and were stuck using products such as Photoshop and XD. Despite executive resistance in certain departments, some designers snuck out of the Adobe ecosystem to use Figma anyway, said Le Van, who stayed on as a design director at Microsoft until 2018.Read more of this story at Slashdot.
Joe Sullivan, Uber's former chief of security, faces criminal charges for his handling of a 2016 security breach. His trial this week has divided the security industry. From a report: Joe Sullivan was a rock star in the information security world. One of the first federal prosecutors to work on cybercrime cases in the late 1990s, he jumped into the corporate security world in 2002, eventually taking on high-profile roles as chief of security at Facebook and Uber. When the security community made its annual summer pilgrimage to Las Vegas for two conferences, Mr. Sullivan was an easily recognizable figure: tall with shaggy hair, wearing sneakers and a hoodie. "Everyone knew him; I was in awe, frankly," said Renee Guttmann, who was the chief information security officer for Coca-Cola and Campbell Soup. "He was an industry leader." So it came as a shock to many in the community when Mr. Sullivan was fired by Uber in 2017, accused of mishandling a security incident the year before. Despite the scandal, Mr. Sullivan got a new job as chief of security at Cloudflare, an internet infrastructure company. But the investigation into the incident at Uber continued, and in 2020, the same prosecutor's office where Mr. Sullivan had worked decades earlier charged him with two felonies, in what is believed to be the first time a company executive has faced potential criminal liability for an alleged data breach. Mr. Sullivan has pleaded not guilty to the charges. Mr. Sullivan stepped down from his job at Cloudflare in July, in preparation for his trial, which begins this week in U.S. District Court in San Francisco. Other chief security officers are following the case closely, worried about what it means for them. [...] At the very least, security executives are worried about being on the hook for potential legal bills. Charles Blauner, a retired CISO and cybersecurity adviser, said security chiefs had taken a strong interest in directors and officers insurance, which covers the legal costs of executives who are sued as a result of their work with a company. "A lot of sitting chief information security officers are going to their bosses and asking if they have D.&O. insurance and, if not, can I have it?" Mr. Blauner said. "They are saying, 'If I'm going to be held liable for something our company does, I want legal coverage.'" After being charged, Mr. Sullivan sued Uber to force it to pay his legal fees in the criminal case, and they reached a private settlement.Read more of this story at Slashdot.
Sundar Pichai, chief executive officer of Google parent Alphabet, defended the internet-search giant against claims that it is anticompetitive, citing established rivals in the digital advertising market and upstart mobile app TikTok as examples of robust competition in technology. From a report: Pichai made the remarks late Tuesday at the Code Conference in Los Angeles. He said the company is "pro-competitive" and named companies including Apple and Microsoft as competitors in the advertising business and TikTok as a rival in the video space. He said that YouTube Shorts, Google's TikTok competitor, is off to a "great start." "Competition in tech is hyper-intense," Pichai said. The rise of TikTok "shows there is competition in the space" and "how vibrant this market is" compared to years past. The US Justice Department sued Google in 2020, alleging the company dominates the search market in violation of antitrust laws. The company is the most popular search engine and only has limited competition in that business from Microsoft Bing and Yahoo Search. The DOJ is also preparing to sue Google on claims it illegally dominates the digital advertising market, people familiar with the matter told Bloomberg last month. "Do I wake up and worry about all the stuff that's coming down?" Pichai said Tuesday. "Absolutely." Still, he said, "my guidance to our teams is to be respectful and engage the way we have in Europe" and "engage constructively through the process."Read more of this story at Slashdot.
An anonymous reader quotes a report from CNET: In a new study, published Monday in the journal npj Flexible Electronics, an international team of researchers revealed it has engineered a system to remotely control the legs of cockroaches from afar. The system, which is basically a cockroach backpack wired into the creature's nervous system, has a power output about 50 times higher than previous devices and is built with an ultrathin and flexible solar cell that doesn't hinder the roach's movement. Pressing a button sends a shock to the backpack that tricks the roach into moving a certain direction. Cockroach cyborgs are not a new idea. Back in 2012, researchers at North Carolina State University were experimenting with Madagascar hissing cockroaches and wireless backpacks, showing the critters could be remotely controlled to walk along a track. The way scientists do this is by attaching the backpack and connecting wires to a cockroach's "cerci," two appendages at the end of the abdomen that are basically sensory nerves. One on the left, one on the right. Previous studies have shown electrical impulses to either side can stimulate the roach into moving in that direction, giving researchers some control over locomotion. But to send and receive signals, you need to power the backpack. You might be able to use a battery but, eventually, a battery will run out of power and the cyborg cockroach will be free to disappear into the leaf litter. The team at Riken crafted the system to be solar-powered and rechargeable. They attached a battery and stimulation module to the cockroach's thorax (the upper segment of its body). That was the first step. The second step was to make sure the solar cell module would adhere to the cockroach's abdomen, the segmented lower section of its body. [T]he Riken team tested a number of thin electronic films, subjecting their roaches to a bunch of experiments and watching how the roaches moved depending on the thickness of the film. This helped them decide on a module about 17 times thinner than a human hair. It adhered to the abdomen without greatly limiting the degree of freedom the roaches had and also stuck around for about a month, greatly outlasting previous systems. "The current system only has a wireless locomotion control system, so it's not enough to prepare an application such as urban rescue," said Kenjiro Fukuda, an expert in flexible electronics at Japan's Riken. "By integrating other required devices such as sensors and cameras, we can use our cyborg insects for such purposes." Fukuda notes the design of the ultrathin solar cell could be applied to other insects, like beetles and cicadas.Read more of this story at Slashdot.
The Indian government is looking to tax winnings of online games as the sector grows in popularity. Quartz reports: Direct tax officials are scrutinizing the data for up to 58,000 crore rupees ($7.2 billion) won over the past three years on an online gaming platform, The Indian Express newspaper reported. Authorities have urged taxpayers to file taxes on such undeclared winnings for the past two assessment years, 2019-20 and 2020-21, the report said. "Some may have earned more and some less... They are usually in a ledger account and they merge win and loss, it (data) is humongous," Nitin Gupta, chairman of the Central Board of Direct Taxes, told The Indian Express. More than 20,000 taxpayers have filed updated returns for both 2020-21 and 2021-22 until Sept. 02, with undeclared tax payments valued at over Rs50 crore. In May, India's finance ministry proposed 28% GST on all earnings from online games, regardless of whether the game is based on skill or chance. The GST council will now review this during its meeting this month. [...] The proposed taxation of 28%, along with 30% income tax on winnings, takes the total tax rate on online gaming between 45-50%, industry experts said. This could spell "game over" for the fledgeling industry.Read more of this story at Slashdot.
UnresolvedExternal shares a report from the BBC: A video showing a shelf cloud forming, ahead of a thunderstorm, has been captured in Dorset. The dramatic footage was filmed by Steve Coggins in Portland on Monday evening before a thunderstorm hit the south coast. BBC South weather presenter Alexis Green said: "It's shelf cloud -- a type of arcus cloud. They form on the leading edge of thunderstorms. Cool, sinking air from a storm cloud's downdraught spreads out across the land surface, with the leading edge called a gust front. This outflow cuts under warm air being drawn into the storm's updraft. As the lower and cooler air lifts the warm moist air, its water condenses, creating the shelf cloud."Read more of this story at Slashdot.
An anonymous reader quotes a report from TechCrunch: Proposed EU rules could limit the type of research that produces cutting-edge AI tools like GPT-3, experts warn in a new study. The nonpartisan think tank Brookings this week published a piece decrying the bloc's regulation of open source AI, arguing it would create legal liability for general-purpose AI systems while simultaneously undermining their development. Under the EU's draft AI Act, open source developers would have to adhere to guidelines for risk management, data governance, technical documentation and transparency, as well as standards of accuracy and cybersecurity. If a company were to deploy an open source AI system that led to some disastrous outcome, the author asserts, it's not inconceivable the company could attempt to deflect responsibility by suing the open source developers on which they built their product. "This could further concentrate power over the future of AI in large technology companies and prevent research that is critical to the public's understanding of AI," Alex Engler, the analyst at Brookings who published the piece, wrote. "In the end, the [E.U.'s] attempt to regulate open-source could create a convoluted set of requirements that endangers open-source AI contributors, likely without improving use of general-purpose AI." In 2021, the European Commission -- the EU's politically independent executive arm -- released the text of the AI Act, which aims to promote "trustworthy AI" deployment in the EU as they solicit input from industry ahead of a vote this fall, EU. institutions are seeking to make amendments to the regulations that attempt to balance innovation with accountability. But according to some experts, the AI Act as written would impose onerous requirements on open efforts to develop AI systems. The legislation contains carve-outs for some categories of open source AI, like those exclusively used for research and with controls to prevent misuse. But as Engler notes, it'd be difficult -- if not impossible -- to prevent these projects from making their way into commercial systems, where they could be abused by malicious actors. "The road to regulation hell is paved with the EU's good intentions," said Oren Etzioni, founding CEO of the Allen Institute for AI. "Open source developers should not be subject to the same burden as those developing commercial software. It should always be the case that free software can be provided 'as is' -- consider the case of a single student developing an AI capability; they cannot afford to comply with EU regulations and may be forced not to distribute their software, thereby having a chilling effect on academic progress and on reproducibility of scientific results." Instead, Etzioni argues that EU regulators should focus on specific applications of AI. "There is too much uncertainty and rapid change in AI for the slow-moving regulatory process to be effective. Instead, AI applications such as autonomous vehicles, bots, or toys should be the subject of regulation."Read more of this story at Slashdot.
Beeftopia writes: Germany will keep two of its three reactors operational through the end of 2022, despite a pledge to shut them all down by December 31. A likely winter gas shortage prompted the change. "German Economy Minister Robert Habeck said in a statement on Monday the move did not mean Berlin was reneging on its long-standing promise to exit nuclear energy by the end of 2022," reports Reuters. Habeck went on to say, "It remains very improbable that we will have crisis situations and extreme scenarios" requiring further use of nuclear. "Germany is part of a European system hit by a decline in Russian gas deliveries, the French nuclear power squeeze and a drought that has curbed hydroelectric production and cooling water supplies to thermal power stations as well as hampering barge deliveries of coal," Reuters says. A problem with the planned use case for the reactors is that nuclear plants are not designed to be variable backup energy generators, but rather continuous first-line generators.Read more of this story at Slashdot.
Elizabeth Holmes -- the founder of blood testing startup Theranos and the poster child for misleading investors, media, and innocent people looking for medical care through a web of deceit -- wants a do-over. She is requesting a new trial, according to a document filed Tuesday in the Southern District Court of California. Gizmodo reports: The motion for a new trial, authored by Holmes' attorneys, hinges on "newly discovered evidence," specifically: the alleged testimony regrets of Adam Rosendorff. Rosendorff was a lab director at Theranos and later, testified as a key witness in the case against Holmes and her ex-boyfriend/partner in crime Ramesh "Sunny" Balwani. His original testimony lasted multiple days and emphasized the pressure that Theranos employees were under to demonstrate the faulty diagnostic technology worked, even when it didn't. "I felt that it was a question on my integrity as a physician not to remain there and to continue to bolster results I essentially didn't have faith in," Rosendorff said while on the witness stand in 2021, according to CNBC. "I came to understand that management was not sincere in diverting resources to solve issues." Now, Holmes and her lawyers are claiming that Rosendorff left a voicemail and then showed up at Holmes' residence on August 8 in a desperate bid to communicate that he "felt he had done something wrong, apparently in connection with Ms. Holmes' trial." The motion, supposedly paraphrasing Rosendorff, says that the former Theranos employee stated, "the government made things seem worse than they were." In the document, Holmes' legal team wrote, "Under any interpretation of his statements, the statements warrant a new trial under Rule 33. But, at a minimum, and to the extent the Court has any doubt about whether a new trial is required, the Court should order an evidentiary hearing and permit Ms. Holmes to subpoena Dr. Rosendorff to testify about his concerns." Holmes was found guilty in January on four of 11 charges defrauding the company's investors and patients. She was found not guilty on four counts. In July, Balwani was found guilty of 12 counts of conspiracy and fraud against certain investors and patients.Read more of this story at Slashdot.
The United States is likely to start recommending COVID-19 vaccines annually, health officials said on Tuesday, as new boosters designed to fight currently circulating variants of the coronavirus roll out. Reuters reports: By the end of this week, 90% of Americans will live within five miles (8 km) of sites carrying updated vaccines, U.S. health secretary Xavier Becerra said at a White House briefing. Officials said people could get the new boosters this fall or winter alongside their regular annual flu shots, and said it was likely this would become a yearly ritual. U.S. Centers for Disease Control and Prevention (CDC) Director Rochelle Walensky said even with the seven-day average of COVID hospitalizations down 14% to 4,500 per day, annual shots could save thousands of lives. "Modeling projections show that an uptake of updated COVID-19 vaccine doses similar to an annual flu vaccine coverage early this fall could prevent as many as 100,000 hospitalizations and 9,000 deaths, and save billions of dollars in direct medical costs," she said. The redesigned boosters, green-lighted by U.S. health regulators last week, aim to tackle the BA.5 and BA.4 Omicron subvariants, which account for over 88% and 11% of circulating viruses, respectively, Walensky said. The so-called bivalent vaccines also still target the original version of the virus. Top U.S. infectious disease expert Dr. Anthony Fauci said unless a dramatically different variant emerges, annual vaccines should offer enough protection for most people, but that some vulnerable groups might need more frequent vaccinations. "We likely are moving towards a path with a vaccination cadence similar to that of the annual influenza vaccine, with annual, updated COVID-19 shots matched to the currently circulating strains for most of the population," he said.Read more of this story at Slashdot.
An anonymous reader quotes a report from the Associated Press: One of the strictest internet privacy laws in the United States has withstood a legal challenge, as a group of telecommunication providers has dropped its bid to overturn the Maine standard. Maine created one of the toughest rules in the nation for internet service providers in 2020 when it began enforcing an "opt-in" web privacy standard. The law stops the service providers from using, disclosing, selling or providing access to customers' personal information without permission. Industry associations swiftly sued with a claim that the new law violated their First Amendment rights. A federal judge rejected that challenge, but legal wrangling continued. The groups, which include the country's biggest telecommunications providers, filed to dismiss the lawsuit on Sept. 2, said Maine Attorney General Aaron Frey. Frey said the state's privacy law held up despite the efforts of an "army of industry lawyers organized against us," and now other states can follow Maine's lead. "Maine's Legislature wisely sought to protect Maine residents by restricting the disclosure and use of their most private and personal information," Frey said. The Maine Legislature passed the bill, proposed by former Democratic state Sen. Shenna Bellows, who is now Maine's secretary of state, in 2019. Internet service providers then sued in February 2020, and attorneys for Maine have been in court defending the law since. The proposal stemmed from a Maine effort to bring back rules implemented during President Barack Obama's tenure that were repealed by Congress during President Donald Trump's term. Industry plaintiffs agreed to reimburse Maine for more than $55,000 in costs incurred defending the law, Frey said. Maine is also home to the strictest facial recognition law of its kind. It was passed last July and "prohibits government use of facial recognition except in specifically outlined situations, with the most broad exception being if police have probable cause that an unidentified person in an image committed a serious crime, or for proactive fraud prevention," reports Motherboard. "Crucially, the law plugs loopholes that police have used in the past to gain access to the technology, like informally asking other agencies or third parties to run backchannel searches for them. Logs of all facial recognition searches by the BMV must be created and are designated as public records."Read more of this story at Slashdot.
Google has started sending out invites for its fall hardware event, which is set to take place on Thursday, October 6th, at 10AM ET. The Verge reports: The event will launch the upcoming Pixel 7 phones, as well as the Pixel Watch -- the company showed off both devices at its I/O event earlier this year, announcing they're coming in the fall. Since Google's last event, purported leaks have revealed even more about the devices, with both the Watch and phones seemingly making their way into people's hands. The Pixel 7 seems like it'll be a pretty straightforward continuation of the previous generation of phones, but there's a bit of pressure with the Watch as the "first smartwatch built by Google, inside and out," as its product page on Google's online store says. Google's competitors (namely Samsung and Apple) have been making wearables for years, so the company's entry has to be competent and at least somewhat competitive right out of the gate. So far, details about it are scant -- we don't even know what chip it'll use -- but we should get a clearer picture come October 6th.Read more of this story at Slashdot.
Leading foundry operators stand to benefit from a 25 percent investment tax credit (ITC) on domestic fab projects, according to a document published by the US Department of Commerce this week. The Register reports: The document [PDF] sheds new light on the department's plans for divvying up the more than $50 billion CHIPS Act fund approved this year by Congress to fund domestic chip production. The tax credits accompany $39 billion in grants, cooperative agreements, loans, and loan guarantees are available to companies working to advance US semiconductor and supply chain security interests. The Commerce Department appears to have mixed sentiments about the state of the US in the global semiconductor sphere. The document argues the US remains the world leader in chip design and native design and automation tools but also notes the US is responsible for only 10 percent of global chip capacity and just 3 percent of global packaging, assembling, and testing services, pointing to areas where America has fallen behind when it comes to domestic production. The department adds that recent advancements made by the People's Republic of China to accelerate their own domestic chip manufacturing capacity has only served to exacerbate the risk to US supply chains. With that said, the Commerce Department isn't being picky about which companies are eligible for funding. Any company, foreign or domestic, that takes steps to advance the commerce departments goals, with the exception of "entities of concern." Those goals in include accelerating leading-edge and legacy chip production in the US, research and development into next-generation semiconductor applications, and efforts to develop an adequate workforce to fuel this expansion. While foreign manufacturers aren't excluded from receiving funding, the Commerce Department emphasizes that those funds must go towards domestic infrastructure and can't be used abroad.Read more of this story at Slashdot.
Mike Fahey, longtime senior reporter of Kotaku, has passed away at age 49 after years of health complications. In a post published today, current and former colleagues share their memories of "the heart and soul of Kotaku." Here's an excerpt, written by Kotaku's Editor-In-Chief, Patricia Hernandez: Most people know Mike's humor: the way he would slip into cartoon voices on a whim, how every conversation was like a poke to the ribs that tested your verve. The six-foot-six guy with a thunderous laugh was a magician, though, and his larger-than-life personality was classic misdirection. Behind every joke and every antic was a sensitive man who had lived many lives and seen a lot of shit. Yes, this was the guy that reviewed toys and snacks for a living. He was also the guy that could make you go "damn" in a blog about Fortnite or Animal Crossing. Mike Fahey wanted to tell you about the dozens of keyboards he owned, to show you that he'd pinpointed the specific symphony of sounds that he heard when he pressed his fingers down on each individual key, curious to see if you could hear it, too. I suspect this was the same drive that made him want to tell you what he dreamed about during a coma. It's no accident that Mike was one of the first writers on the internet to really capture what made MMOs tick. All we have is each other, and Mike knew better than anyone that we often use video games to find connection. Even when he was being absurd and reviewing, say, a frozen dinner, he still wanted to find ways to make people feel less alone. With Fahey, even moments of crushing despair were laced with a hopeful laugh. It's hard to write this, for a variety of reasons that may be obvious, but one of them is the heartbreak of knowing just how badly Mike wanted to come back and keep sharing his joy with everyone at Kotaku after eight months of being away. Between trips to the hospital, Mike kept telling me that he was sure he would come back soon -- that he needed to, because writing and playing games were one of the things that still brought him joy. But after years of fighting against health issues, some of which left him partially paralyzed in 2018, Mike Fahey has passed away at 49 years old, possibly due to organ failure according to his spouse. It's bewildering to write this, because by the time I started writing for Kotaku on the side while still in college in 2012, Mike had already been here for around six years. That was a decade ago. To say Mike is the heart and soul of Kotaku is an understatement. For many readers, Fahey is Kotaku. He built this thing that millions of people read every month, as a part of a network that forever redefined what it was like to surf and read the internet. We take the idea of "personalities" as a given on the internet now, but Mike Fahey provided a blueprint for being a human voice in a tech-driven space. The drive to put a person at the forefront of everything is still in many ways Kotaku's north star. Fahey may be gone, but his spirit will forever live on in anything that we do. I said this to Kotaku staffers this weekend, but it bears repeating again: I want to think that somewhere, there's still an Xbox game superglued to a ceiling that will never come down. You can contribute to the Fahey family's fundraising efforts here, and scroll down further to read memories from colleagues current and former. We'll miss you, Mike.Read more of this story at Slashdot.
An anonymous reader quotes a report from Bloomberg: A high-profile push by Congress to rein in the nation's biggest internet companies is at risk of failing with time running out to pass major legislation ahead of midterm elections. Alphabet's Google, Apple, Amazon.com and Meta and their trade groups have poured almost $95 million into lobbying since 2021 as they seek to derail the American Innovation and Choice Online Act, which has advanced further than any US legislative effort to address the market power of some of the world's richest companies. After a nearly two-year battle, the bill is now at a critical juncture as the Senate returns this week for a final stretch before the November midterms. Backers of the measure swear they have the necessary votes, yet it's unclear if they do, and the Senate will be busy with other must-pass spending legislation. Although clipping the wings of tech giants through antitrust reform had support from both Republicans and Democrats during this Congress, a likely GOP majority in the House next year is expected to focus on allegations that internet platforms squelch conservative viewpoints. That's why tech lobbyists have been trying to run out the clock. Leading Republicans like California's Kevin McCarthy, who is on track to become Speaker under a GOP majority, have publicly opposed the antitrust push. The legislation's sponsors can see the window narrowing. Antitrust advocates were expecting a vote before Congress adjourned for four weeks in August. But Schumer told donors in July that it didn't have enough votes to pass. The bill has 13 co-sponsors in the Senate, where it would need 60 votes to pass and be sent to the House. Supporters like Yelp's head of public policy Luther Lowe, a longtime Google critic, argue that enough undecided lawmakers would vote for the measure if it came to the floor. A Schumer spokesperson said he's working with the bill's sponsors to find the necessary votes and he still plans to bring it to the floor. The bill was approved by both the House and Senate Judiciary Committees on strong bipartisan votes. Several amendments have addressed concerns about privacy and security issues. What hasn't killed the bill "has made it stronger," said Yelp's Lowe. The measure seeks to restrict the companies from favoring their own products, so that competitors who depend on these platforms to reach consumers wouldn't be at a disadvantage. That could impact the design of Google Maps, the display of Apple Music on an iPhone or the prominence of Amazon Basics on the company's e-commerce site. "I don't see it going to the floor," said Michael Petricone, senior vice president of government affairs at the Consumer Technology Association, a trade group that counts Amazon, Google and Facebook among its members. "With an election coming up, I expect senators to come back and focus on issues that are popular with voters. Tech regulation is not one of those issues."Read more of this story at Slashdot.
Beijing this week accused the United States of launching "tens of thousands" of cyberattacks on China and pilfering troves of sensitive data, including from a public research university. From a report: Washington has accused Beijing of cyberattacks against US businesses and government agencies, one of the issues over which ties between the two powers have nosedived in recent years. China has consistently denied the claims and in turn lashed out against alleged US cyber espionage, but has rarely made public disclosures of specific attacks. But a report released Monday by its National Computer Virus Emergency Response Center (CVERC) accused the US National Security Agency (NSA) of carrying out "tens of thousands of malicious attacks on network targets in China in recent years." It specifically accused the NSA's Office of Tailored Access Operations (TAO) of infiltrating the Northwestern Polytechnical University in the city of Xi'an.Read more of this story at Slashdot.