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Updated 2025-07-01 13:18
Solana Hack Blamed on Slope Mobile Wallet Exploit
Thousands of Solana users collectively lost about $4.5 million worth of SOL and other tokens from Tuesday night into early Wednesday, and now there's a likely explanation for why: it's being blamed on a private key exploit tied to mobile software wallet Slope. From a report: On Wednesday afternoon, the official Solana Status Twitter account shared preliminary findings through collaboration between developers and security auditors, and said that "it appears affected addresses were at one point created, imported, or used in Slope mobile wallet applications." "This exploit was isolated to one wallet on Solana, and hardware wallets used by Slope remain secure," the thread continues. "While the details of exactly how this occurred are still under investigation, but private key information was inadvertently transmitted to an application monitoring service." "There is no evidence the Solana protocol or its cryptography was compromised," the account added. Some Phantom wallets were also drained of their SOL and tokens in the attack, however it appears that those wallets' holders had previously interacted with a Slope wallet. "Phantom has reason to believe that the reported exploits are due to complications related to importing accounts to and from Slope," the Phantom team tweeted today.Read more of this story at Slashdot.
Starbucks To Unveil Its Web3-Based Rewards Program Next Month
Starbucks will unveil its web3 initiative, which includes coffee-themed NFTs, at next month's Investor Day event. From a report: The company earlier this year announced its plans to enter the web3 space, noting its NFTs wouldn't just serve as digital collectibles, but would provide their owners with access to exclusive content and other perks. At the time, Starbucks was light on details as to what its debut set of NFTs would look like, specific features they'd provide or even what blockchain it was building on. It said the plan was likely to be multichain or chain-agnostic, hinting at plans that weren't yet finalized. Overall, the coffee retailer kept its web3 news fairly high level, explaining simply that it believed digital collectibles could create an accretive business adjust to its stores and that more would be revealed later in 2022.Read more of this story at Slashdot.
Meta is Expanding NFT Support on Instagram To 100 Countries
Meta CEO Mark Zuckerberg announced today that the company is beginning its international expansion of NFT support on Instagram. The expansion follows the social network's initial NFT test launch in May. With this expansion, users and businesses in more than 100 countries in Africa, Asia-Pacific, the Middle East and the Americas will now be able to share their NFTs on Instagram. Prior to the expansion, the support was only available to select creators in the United States. From a report: The company also announced today that Coinbase Wallet and Dapper Wallet are now accepted as a third-party wallet compatible for use. Instagram is also expanding its supported blockchains to include Flow. Instagram's NFT functionality allows users to connect a digital wallet, share NFTs and automatically tag both a creator and collector for attribution. You can share NFTs in your main Instagram Feed, Stories or in messages. Once you post a digital collectible, it will have a shimmer effect and can display public information, such as a description of the NFT. In order to post a digital collectible on Instagram, you need to connect your digital wallet to Instagram. As of today, Instagram supports connections with third-party wallets including Rainbow, MetaMask, Trust Wallet and Coinbase Wallet, with Dapper Wallet coming soon. Supported blockchains include Ethereum, Polygon and Flow. The social network notes that there are no fees associated with posting or sharing a digital collectible on Instagram.Read more of this story at Slashdot.
At Long Last, Mathematical Proof That Black Holes Are Stable
Steve Nadis, reporting for Quanta Magazine: In 1963, the mathematician Roy Kerr found a solution to Einstein's equations that precisely described the space-time outside what we now call a rotating black hole. (The term wouldn't be coined for a few more years.) In the nearly six decades since his achievement, researchers have tried to show that these so-called Kerr black holes are stable. What that means, explained Jeremie Szeftel, a mathematician at Sorbonne University, "is that if I start with something that looks like a Kerr black hole and give it a little bump" -- by throwing some gravitational waves at it, for instance -- "what you expect, far into the future, is that everything will settle down, and it will once again look exactly like a Kerr solution." The opposite situation -- a mathematical instability -- "would have posed a deep conundrum to theoretical physicists and would have suggested the need to modify, at some fundamental level, Einstein's theory of gravitation," said Thibault Damour, a physicist at the Institute of Advanced Scientific Studies in France. In a 912-page paper posted online on May 30, Szeftel, Elena Giorgi of Columbia University and Sergiu Klainerman of Princeton University have proved that slowly rotating Kerr black holes are indeed stable. The work is the product of a multiyear effort. The entire proof -- consisting of the new work, an 800-page paper by Klainerman and Szeftel from 2021, plus three background papers that established various mathematical tools -- totals roughly 2,100 pages in all. The new result "does indeed constitute a milestone in the mathematical development of general relativity," said Demetrios Christodoulou, a mathematician at the Swiss Federal Institute of Technology Zurich. Shing-Tung Yau, an emeritus professor at Harvard University who recently moved to Tsinghua University, was similarly laudatory, calling the proof "the first major breakthrough" in this area of general relativity since the early 1990s. "It is a very tough problem," he said. He did stress, however, that the new paper has not yet undergone peer review. But he called the 2021 paper, which has been approved for publication, both "complete and exciting."Read more of this story at Slashdot.
Samsung Workers in Vietnam Bear Brunt of Slowdown in Global Demand for Electronics
Samsung has scaled back production at its massive smartphone plant in Vietnam, employees say, as retailers and warehouses grapple with rising inventory amid a global fall in consumer spending. From a report: America's largest warehouse market is full and major U.S. retailers such as Best Buy and Target warn of slowing sales as shoppers tighten their belts after early COVID-era spending binges. The effect is acutely felt in Vietnam's northern province of Thai Nguyen, one of Samsung's two mobile manufacturing bases in the country where the world's largest smartphone vendor churns out half of its phone output, according to the Vietnam government. Samsung, which shipped around 270 million smartphones in 2021, says the campus has the capacity to make around 100 million devices a year, according to its website. "We are going to work just three days per week, some lines are adjusting to a four-day workweek instead of six before, and of course no overtime is needed," Pham Thi Thuong, a 28-year-old worker at the plant told Reuters. "Business activities were even more robust during this time last year when the COVID-19 outbreak was at its peak. It's so tepid now."Read more of this story at Slashdot.
Tencent Seeks Bigger Stake in 'Assassin's Creed' Maker Ubisoft
Tencent plans to raise its stake in French video game group Ubisoft Entertainment as the Chinese gaming giant pivots to the global gaming market, Reuters reported Thursday, citing four sources with direct knowledge of the matter. From the report: China's largest social network and gaming firm, which bought a 5% stake in Ubisoft in 2018, has reached out to the French firm's founding Guillemot family and expressed interest in increasing its stake in the firm, the sources said. It is not clear how much more Tencent wants to own in Ubisoft, valued at $5.3 billion, but Tencent aims to become the single largest shareholder of the French company with an additional stake purchase, two of the sources said, speaking on condition of anonymity. Tencent is hoping to buy a part of the additional stake in Ubisoft, the maker of the blockbuster "Assassin's Creed" video game franchise, from the Guillemot family, which owns 15% of the firm, three of the sources said. Tencent could offer up to 100 euros ($101.84) per share to acquire the additional stake, two of the sources with knowledge of the internal discussions, said. It paid 66 euros per share for the 5% stake in 2018.Read more of this story at Slashdot.
Microsoft Justifies Activision Blizzard's $69 Billion Acquisition By Telling Regulator Call of Duty Publisher Doesn't Release 'Unique' Games
Microsoft has recently tried to justify its $68.7 billion acquisition of Activision Blizzard by telling regulators that the deal with the Call of Duty publisher will not negatively impact the market and other platforms because it does not release "unique" or "must have" games. From a report: In a document presented to the New Zealand Business Acquisitions and Authorisations Commerce Commission, Microsoft claimed that no Activision Blizzard game has "unique" characteristics, so its rivals would do well without Activision Blizzard titles and would be able to compete in the gaming market. "With respect to Activision Blizzard video games, there is nothing unique about the video games developed and published by Activision Blizzard that is a "must have" for rival PC and console video game distributors that could give rise to a foreclosure concern," the company said.Read more of this story at Slashdot.
GM Is Doubling the Size of Its Super Cruise Network In the US, Canada
General Motors' Super Cruise advanced driver assistance network will soon double in size to 400,000 miles across the U.S. and Canada by the end of the year. Engadget reports: The Super Cruise system -- and its successor, Ultra Cruise -- relies on a mix of high-fidelity LiDAR maps, GPS, and onboard visual and radar sensors to know where the vehicle is on the road. So far, those maps, which dictate where features like Hands-Free Driving can operate, have only included major, divided highways like interstates with the big median barriers. Smaller, undivided public highways -- aka State Routes -- were not included, in part because of the added ADAS challenges presented by oncoming traffic, until now. "This expansion will enable Super Cruise to work on some additional divided highways, but the big news is this the bulk of the expansion will allow Super Cruise to operate on non-divided highways," David Craig, GM's Chief of Maps, said during Tuesday's call. "These non-divided highways are typically the state and federal highways... that connect the smaller cities and townships across the US and Canada." These will include Route 66, the Pacific Coast Highway (aka CA Route 1), the Overseas Highway (aka US Route 1) and the Trans-Canada Highway. "if you look at I-35 which is the interstate that runs North and South up the middle of the United States, and look to the West, you will see that the Super Cruise coverage currently is just the major interstates, which is fairly sparse," Craig continued. "But in the expansion, you can see that it's just a spiderweb of roads covering the entire area. All the little townships are going to be connected now." The company said that every new Super Cruise-enabled GM vehicle will be equipped with the full 400,000-mile capabilities, as will 2021 and 2022 GM vehicles outfitted with the VIP (Vehicle Intelligence Platform) architecture. Vehicles with Super Cruise but without VIP will receive a smaller update.Read more of this story at Slashdot.
'CSS Crimes' Turn Social Media Posts Into Games
Alexis Ong writes via The Verge: It is a truth universally acknowledged that if you build something on the internet, people will find ways to creatively break it. This is exactly what happened with cohost, a new social media platform that allows posts with CSS. Digging through the #interactables hashtag on cohost reveals a bounty of clickable, CSS-enabled experiments that go far beyond GIFs -- there's a WarioWare mug-catching game, an interactive Habbo tribute, magnetic fridge poetry, this absolutely bananas cog machine, and even a "playable" Game Boy Color (which was, at one point, used for a "GIF plays Pokemon" event). Yes, there's also Doom. The cohost team embraced the madness. It was the beginning of a creative avalanche that simply isn't possible on other social media sites -- a phenomenon that the cohost community has since dubbed "CSS crimes."Read more of this story at Slashdot.
SpaceX and Viasat Fight Over Whether Starlink Can Meet FCC Speed Obligations
An anonymous reader quotes a report from Ars Technica: Over a year and a half after tentatively winning $886 million in broadband funding from the government's Rural Digital Opportunity Fund (RDOF), SpaceX is still trying to get paid by the Federal Communications Commission. One problem for Starlink -- though not the only problem -- is a series of objections from satellite company Viasat, which says Starlink lacks the capacity and speed to meet FCC obligations. In a new FCC filing, SpaceX denounced Viasat's "misguided campaign" against the Starlink funding. "Viasat is transparently attempting to have the Commission impede competition at all costs to protect its legacy technology," SpaceX told the FCC. The new SpaceX filing was submitted on Friday and posted to the FCC's website Monday, as pointed out by Light Reading. Viasat submitted an analysis (PDF) to the FCC in April 2021 claiming that Starlink won't be able to meet the speed obligations attached to the RDOF funding due to capacity limitations. SpaceX bid in the "Above Baseline" tier that requires at least 100Mbps download speeds and 20Mbps upload speeds, and committed to latency of 100 ms or less. Viasat, which primarily uses geostationary satellites with worse latency than Starlink's low Earth satellites, didn't bid in the auction. Viasat's most recent filing last month said, "Starlink still does not support the 100/20Mbps speeds that SpaceX is obligated to provide to all households covered by its provisionally winning RDOF bids" and that "Starlink is unable to do so because of its own system design limitations that cannot be overcome by launching more satellites." Viasat cited Ookla speed tests in its July 2022 filing [...]. In its July 29 response, SpaceX said the "filing adds to Viasat's ongoing campaign to oppose every one of SpaceX's applications, regardless of the proceeding... Viasat is perhaps reinvigorated by recent Ookla data showing Starlink has been able to provide high-speed, low-latency broadband service vastly exceeding Viasat's performance." SpaceX also previously denounced Viasat's objections in FCC filings in July 2021 (PDF) and December 2021 (PDF). The old and new SpaceX filings said the company is cooperating with FCC staff on the Starlink funding review. "Viasat continues to ignore that the Commission specifically directed the Commission staff -- not competitors -- to review the merits of RDOF applications," SpaceX's new filing said. "Starlink has welcomed that staff review and has fully engaged within that Commission-mandated process to demonstrate its ability to meet all of its RDOF obligations and provide high-quality broadband service to consumers that for too long have gone unserved."Read more of this story at Slashdot.
Judge Orders Waterloo Business To Name Customers Who Doxxed, Threatened Bungie Employees
An innocent tweet about a wildly popular online multiplayer game led to a terrifying real-life campaign of doxxing and death threats against employees of game company Bungie. The Record reports: Two employees of Bungie, the American company behind "Destiny 2" -- a first-person shooter with 40 million users -- recently convinced an Ontario judge to order Waterloo-based TextNow to name its customers who made "racist and serious physical threats" against them. TextNow offers users anonymous phone service. [...] The two employees sought an "urgent and confidential" court order requiring TextNow to name the customers who made the threats. The judge agreed on June 15 but waited a month before releasing his reasons due to "the serious nature of the allegations of danger." TextNow collects information about each user, including email address, phone number, IP address, credit card number and logs of calls and texts. The judge said the employees don't plan to sue the users in Ontario. "Whether they sue in the U.S. or just give the name to the police, I am satisfied that the exceptional equitable remedy ought to be available to identify people who harass others, with base racism, who dox, abuse personal information, and make overt threats of physical harm and death," he said. "Our mission is to provide everyone with an affordable way to communicate, and we place a high value on the safety and privacy of our users," a TextNow spokesperson said in an email to The Record. "From time to time, we receive lawful requests for information. We comply with all valid requests as required by law."Read more of this story at Slashdot.
Robinhood Is Firing Nearly a Quarter of Its Staff
Robinhood is letting go of nearly a quarter of its staff, CEO Vlad Tenev said in a message posted to the company's blog. The Verge reports: "As part of a broader company reorganization into a General Manager (GM) structure, I just announced that we are reducing our headcount by approximately 23%," Tenev wrote. "While employees from all functions will be impacted, the changes are particularly concentrated in our operations, marketing, and program management functions." Robinhood's chief product officer Aparna Chennapragada is also stepping down from her post as part of the restructuring, according to a filing (PDF) with the Securities and Exchange Commission, though she'll "remain employed in an advisory role to the CEO or his designee through January 2, 2023." Chennapragada joined the company from Google in March 2021. The announcements came as Robinhood released its Q2 2022 earnings information a day earlier than scheduled, reporting total revenue of $318 million over the three months, which is 44 percent lower than the same period in 2021. In April, Robinhood said it planned to cut 9 percent of its full-time staff, but "this did not go far enough," Tenev said. The company had staffed up assuming that the increased trading after things like the GameStonk phenomenon and bullish crypto markets would carry into 2022 but has run into the headwinds of inflation and the so-called "crypto winter" that are affecting other companies. Those who are affected by the cuts will be able to stay at Robinhood through October 1st at their regular pay and benefits alongside a severance package, Tenev says.Read more of this story at Slashdot.
Linux May Soon Lose Support For the DECnet Protocol
Microsoft software engineer Stephen Hemminger has proposed removing the DECnet protocol handling code from the Linux kernel. The Register reports: The timing is ironic, as this comes just two weeks after VMS Software Inc announced that OpenVMS 9.2 was really ready this time... That announcement, of course, came some months after the first time it announced [PDF] version 9.2 [...]. The last maintainer of the DECnet code was Red Hat's Christine Caulfield, who flagged the code as orphaned in 2010. The change is unlikely to vastly inconvenience many people: VMS is the last even slightly mainstream OS that used DECnet, and VMS has supported TCP/IP for a long time. Indeed, for decades, the oldest email in this reporter's "sent" folder was a 1993 enquiry about the freeware CMUIP stack for VMS. One of the easier ways to bootstrap VMS on an elderly VAX these days is to install it on the SimH VAX hardware simulator, and then net-boot the real VAX from the simulated one. Anyone keen enough to do that will be competent to run an older version of Linux just for the purpose. Although their existence is rapidly being forgotten today, TCP/IP is not the only network protocol around, and as late as the mid-1990s it wasn't even the dominant one. The Linux kernel used to support multiple network protocols, but they are disappearing fast. [...] For a long time, DECnet was a significant network protocol. DEC supplied a client stack called PathWorks to let DOS, Windows and Mac clients connect to VAX servers, not only for file and print, but also terminal connections and X.11. Whole worldwide WANs ran over DECnet, and as a teenage student, your correspondent enjoyed exploring them.Read more of this story at Slashdot.
Over 3,200 Apps Leak Twitter API Keys, Some Allowing Account Hijacks
An anonymous reader quotes a report from BleepingComputer: Cybersecurity researchers have uncovered a set of 3,207 mobile apps that are exposing Twitter API keys to the public, potentially enabling a threat actor to take over users' Twitter accounts that are associated with the app. The discovery belongs to cybersecurity firm CloudSEKE, which scrutinized large app sets for potential data leaks and found 3,207 leaking a valid Consumer Key and Consumer Secret for the Twitter API. When integrating mobile apps with Twitter, developers will be given special authentication keys, or tokens, that allow their mobile apps to interact with the Twitter API. When a user associates their Twitter account with this mobile app, the keys also will enable the app to act on behalf of the user, such as logging them in via Twitter, creating tweets, sending DMs, etc. As having access to these authentication keys could allow anyone to perform actions as associated Twitter users, it is never recommended to store keys directly in a mobile app where threat actors can find them. CloudSEK explains that the leak of API keys is commonly the result of mistakes by app developers who embed their authentication keys in the Twitter API but forget to remove them when the mobile is released. [...] One of the most prominent scenarios of abuse of this access, according to CloudSEK, would be for a threat actor to use these exposed tokens to create a Twitter army of verified (trustworthy) accounts with large numbers of followers to promote fake news, malware campaigns, cryptocurrency scams, etc. "CloudSEK shared a list of impacted applications [...] with apps between 50,000 and 5,000,000 downloads," reports BleepingComputer. They are not disclosing the list because they are still vulnerable to exploitation and Twitter account takeover.Read more of this story at Slashdot.
Google Play Store Removes Version Numbers From Android App Listings
In response to user criticism, Google Play is bringing back the list of app permissions, but another curious Store change sees version numbers removed from the App info section. 9to5Google reports: Historically, you've been able to find the version number by opening a listings's "About this app" section and scrolling down to "App info" where it was the first line item. As of today, "Version" no longer appears there (or in the phone section of "Compatibility for your active devices") and "Updated on" is at the top. This information is only gone for the phone version of applications. It curiously remains for Wear OS and Android/Google TV apps. Meanwhile, version numbers still appear on the Google Play website. This issue does not appear related to (or just impact) apps that only note "Varies with device."Read more of this story at Slashdot.
Tinder Steps Back From Metaverse Dating Plans As Business Falters
Amidst a disappointing set of earnings for the last quarter, Match Group has announced it's scaling back Tinder's metaverse dating ambitions and scrapping plans to offer an in-app Tinder Coins currency. The Verge reports: Tinder CEO Renate Nyborg, who became the dating app's first female CEO just last September, is also leaving the position, parent company Match Group's CEO Bernard Kim announced. Kim himself was named as CEO just two months ago. Nyborg previously set out ambitious plans for Tinder's take on the metaverse (or "Tinderverse" as she called it). Tinder acquired a company called Hyperconnect last year, which focuses on video, AI, and augmented reality technology, and Nyborg later cited its avatar-based "Single Town" experience as a way Tinder's users might one day be able to meet and interact with one another in virtual spaces, TechCrunch reported at the time. Now, however, Kim says he's instructed Hyperconnect to scale back. "Given uncertainty about the ultimate contours of the metaverse and what will or won't work, as well as the more challenging operating environment, I've instructed the Hyperconnect team to iterate but not invest heavily in metaverse at this time," Kim said. "We'll continue to evaluate this space carefully, and we will consider moving forward at the appropriate time when we have more clarity on the overall opportunity and feel we have a service that is well-positioned to succeed." Match Group cited the acquisition of Hyperconnect as contributing to a $10 million operating loss in the second quarter of 2022, down from operating income of $210 million in the same quarter last year.Read more of this story at Slashdot.
How the US Gave Away a Breakthrough Battery Technology To China
An anonymous reader shares an excerpt from a report via NPR: When a group of engineers and researchers gathered in a warehouse in Mukilteo, Wash., 10 years ago, they knew they were onto something big. They scrounged up tables and chairs, cleared out space in the parking lot for experiments and got to work. They were building a battery -- a vanadium redox flow battery -- based on a design created by two dozen U.S. scientists at a government lab. The batteries were about the size of a refrigerator, held enough energy to power a house, and could be used for decades. The engineers pictured people plunking them down next to their air conditioners, attaching solar panels to them, and everyone living happily ever after off the grid. "It was beyond promise," said Chris Howard, one of the engineers who worked there for a U.S. company called UniEnergy. "We were seeing it functioning as designed, as expected." But that's not what happened. Instead of the batteries becoming the next great American success story, the warehouse is now shuttered and empty. All the employees who worked there were laid off. And more than 5,200 miles away, a Chinese company is hard at work making the batteries in Dalian, China. The Chinese company didn't steal this technology. It was given to them -- by the U.S. Department of Energy. First in 2017, as part of a sublicense, and later, in 2021, as part of a license transfer. An investigation by NPR and the Northwest News Network found the federal agency allowed the technology and jobs to move overseas, violating its own licensing rules while failing to intervene on behalf of U.S. workers in multiple instances. Now, China has forged ahead, investing millions into the cutting-edge green technology that was supposed to help keep the U.S. and its economy out front. Department of Energy officials declined NPR's request for an interview to explain how the technology that cost U.S. taxpayers millions of dollars ended up in China. After NPR sent department officials written questions outlining the timeline of events, the federal agency terminated the license with the Chinese company, Dalian Rongke Power Co. Ltd. "DOE takes America's manufacturing obligations within its contracts extremely seriously," the department said in a written statement. "If DOE determines that a contractor who owns a DOE-funded patent or downstream licensee is in violation of its U.S. manufacturing obligations, DOE will explore all legal remedies." The department is now conducting an internal review of the licensing of vanadium battery technology and whether this license -- and others -- have violated U.S. manufacturing requirements, the statement said.Read more of this story at Slashdot.
A 'Reversible' Form of Death? Scientists Revive Cells in Dead Pigs' Organs.
The pigs had been lying dead in the lab for an hour -- no blood was circulating in their bodies, their hearts were still, their brain waves flat. Then a group of Yale scientists pumped a custom-made solution into the dead pigs' bodies with a device similar to a heart-lung machine. From a report: What happened next adds questions to what science considers the wall between life and death. Although the pigs were not considered conscious in any way, their seemingly dead cells revived. Their hearts began to beat as the solution, which the scientists called OrganEx, circulated in veins and arteries. Cells in their organs, including the heart, liver, kidneys and brain, were functioning again, and the animals never got stiff like a typical dead pig. Other pigs, dead for an hour, were treated with ECMO, a machine that pumped blood through their bodies. They became stiff, their organs swelled and became damaged, their blood vessels collapsed, and they had purple spots on their backs where blood pooled. The group reported its results Wednesday in Nature. The researchers say their goals are to one day increase the supply of human organs for transplant by allowing doctors to obtain viable organs long after death. And, they say, they hope their technology might also be used to prevent severe damage to hearts after a devastating heart attack or brains after a major stroke.Read more of this story at Slashdot.
Data Brokers Resist Pressure To Stop Collecting Info on Pregnant People
Democratic lawmakers are piling pressure on data brokers to stop collecting information on pregnant people in order to protect those seeking abortions. They're not having much luck. From a report: For years, brokers have sold datasets on millions of expectant parents from their trimester status to their preferred birth methods. Now that the Supreme Court has overturned Roe v. Wade, that same data is becoming a political issue, with abortion-rights groups warning that states with abortion bans are likely to weaponize it. In the three months since POLITICO reported the draft opinion against Roe, numerous congressional Democrats have sent letters to data brokers urging them to stop the practice, promised to interrogate the companies about their collections and introduced bills to restrict reproductive health data from being collected and sold. But in the absence of federal data privacy legislation or any likely chance of it getting the support needed to pass, many brokers aren't taking heed. POLITICO found more than 30 listings from data brokers offering information on expecting parents or selling access to those people through mass email blasts. Twenty-five of them were updated after the Supreme Court's ruling on Roe v. Wade on June 24. Exact Data, a data broker that offers names, emails and mailing addresses of more than 23,000 expecting parents, updated its inventory as recently as August 1. PK List Marketing also updated its "She's Having a Baby - PRENATAL Mailing List" on August 1, according to its listing on NextMark, a directory of marketing email lists.Read more of this story at Slashdot.
'Meme Stock' AMTD Digital Just Surpassed Goldman Sachs With a 22,000% Gain
The world, apparently, has a new financial giant. From a report: AMTD Digital, a Hong Kong-based company that listed in New York less than three weeks ago, has surged so much that its market value hit more than $310 billion as of Tuesday's close. That means the firm -- which develops digital businesses, including financial services -- is worth more than Bank of America, Morgan Stanley and Goldman Sachs Group, despite reporting just $25 million in revenue for the year ended April 2021. At least on paper, that makes it the third-biggest financial company in the world, trailing just JPMorgan Chase and Berkshire Hathaway. While those firms have a long list of shareholders, AMTD Digital has a convoluted ownership structure that ultimately leads to one key name: Calvin Choi, an ex-UBS Group AG banker, who's currently fighting an industry ban in Hong Kong for failing to disclose conflicts of interest.Read more of this story at Slashdot.
World of Warcraft Mobile Game Reportedly Cancelled by Blizzard After Finance Dispute
A World of Warcraft mobile game has reportedly been quietly canceled due to financing disputes. From a report: According to Bloomberg, the upcoming smartphone game had been in development for three years but has now been canceled due to a dispute between Activision Blizzard and NetEase. "The two companies disagreed over terms and ultimately called a halt to the project, which had been kept under wraps," said a source close to the deal. The project, referred to as "Neptune" by those working on it, was said to be a Warcraft spin-off, set during a different period to World of Warcraft. It's unknown whether it would have directly tied into either Warcraft, Warcraft II, or Warcraft III. The good news is that it's not Warcraft Arclight Rumble -- the upcoming mobile "tower offense" game due to release later this year. As far back as February this year, Activision Blizzard revealed that it was working on multiple mobile Warcraft titles, and this was thought to be one of the big reasons behind Microsoft's acquisition of the company for a reported $69 million earlier this year. Now, it looks as though those mobile games may be up in the air -- after all, the extent of Activision Blizzard's working relationship with NetEase following this high-profile cancellation is uncertain. Another of Activision Blizzard's mobile games, a Pokemon Go-style AR game, was also canceled.Read more of this story at Slashdot.
Spain Puts Limits on Air Conditioning and Heating To Save Energy
Spain has announced new energy-saving measures, including limits on air conditioning and heating temperatures in public and large commercial buildings, as it becomes the latest European country to seek to reduce its energy consumption and its dependence on Russian oil and gas. From a report: Under a decree that comes into effect in seven days' time and applies to public buildings, shopping centres, cinemas, theatres, rail stations and airports, heating should not be set above 19C (66.2F) and air conditioning should not be set below 27C (80.6F). Doors will need to be closed so as not to waste energy, and lights in shop windows must be switched off after 10pm. The premises in question will be required to display signs or screens that explain the energy-saving initiatives. Although Spain is not as dependent on Russian energy supplies as many other EU countries, it has agreed to a 7-8% reduction in gas use. The measures, which were published in Tuesday's edition of the official state gazette, will remain in force until November 2023. "[This] lays out a series of measures to save energy and use it more efficiently, which are urgent and necessary when it comes to reducing energy consumption in general, and reducing our dependence on energy outside the Spanish economy," the decree said.Read more of this story at Slashdot.
Having Rich Childhood Friends is Linked To a Higher Salary as an Adult
Children who grow up in low-income households but who make friends that come from higher-income homes are more likely to have higher salaries in adulthood than those who have fewer such friends. From a report: "There's been a lot of speculation... that the individual's access to social capital, their social networks and the community they live in might matter a lot for a child's chance to rise out of poverty," says Raj Chetty at Harvard University. To find out if that holds up, he and his colleagues analysed anonymised Facebook data belonging to 72.2 million people in the US between the ages of 25 and 44, accounting for 84 per cent of the age group's US population. It is relatively nationally representative of that age group, he says. The team used a machine-learning algorithm to determine each person's socio-economic status (SES), combining data such as the median income of people who live in the same region, the person's age and sex and the value of their phone model as a proxy for individual income. The median household income was found to be close to $58,000. The researchers then split the individuals into two groups: those who were below the median SES and those who were above. If people made friends randomly, you would expect half of each person's friends to be in each income group. But instead, for people below the median SES, only 38 per cent of their friends were above the median SES. Meanwhile, 70.6 per cent of the friends of people above the median SES were also a part of the same group.Read more of this story at Slashdot.
Ask Slashdot: Movies, Shows and Books From This Year That You Really Enjoyed?
An anonymous reader writes: Haven't seen recommendation threads on Slashdot of late. Was curious what my fellow readers have watched and read this year that you enjoyed?Read more of this story at Slashdot.
India To Order Use of Cleaner Fuels Under Push for Net-Zero
India plans to order consumers to use cleaner fuels and aims to establish a carbon market under legislation to bolster the country's push to hit net-zero greenhouse gas emissions by 2070. From a report: The world's third-biggest emitter will seek to mandate the use of a minimum share of non-fossil fuel sources including biomass, ethanol, green hydrogen and ammonia, both for power generation or as a feedstock for manufacturing, according to a document introduced in Parliament on Wednesday. New laws would also penalize industrial operations, vehicles, ships and large buildings for not meeting energy consumption standards. Changes to the Energy Conservation (Amendment) Bill have a "special focus on the promotion of new and renewable energy" and the country's so-called National Hydrogen Mission, a strategy aimed at establishing India as a key global hub for development of the nascent zero-emissions fuel, according to the legislation. The proposed policy changes come as India chases Prime Minister Narendra Modi's target to cut 1 billion tons of carbon emissions by the end of this decade, and to reach to net-zero by 2070. They also coincide with the country's pledge to cut emissions by 45% from 2005 levels and use non-fossil fuel sources to power half its installed generation capacity by the end of this decade.Read more of this story at Slashdot.
Google Meet Meets Duo Meet, With Meet in Duo But Duo Isn't Going Into Meet
In June, Google announced that it's bringing the features of Meet into the Duo app -- and that transformation begins today. Google isn't technically getting rid of either app; Duo's getting rebranded as Meet with the features from both apps, and Meet's staying Meet. From a report: Yes, it sounds pretty confusing, but by the end of this process, there will be just two apps: "Meet Original" (the standard Meet app that will eventually get phased out) and the new Meet that combines both Meet and Duo. The combined app will let you conduct both group and one-on-one calls as well as hold meetings.Read more of this story at Slashdot.
Biden Adviser Tim Wu To Leave After Shaping Antitrust Policy
White House adviser Tim Wu, who worked to shape the Biden administration's agenda to increase economic competition, is set to leave his position in the coming months, Bloomberg News reported Wednesday, citing people familiar with the move. From a report: Wu is expected to return to antitrust law at Columbia Law School after serving as special assistant to the president for technology and competition policy since March 2021. He was the key architect behind President Joe Biden's executive order to bolster competition last year, which included 72 initiatives by more than a dozen federal agencies. The administration focused on improving competition within industries including technology, health care and agriculture.Read more of this story at Slashdot.
India Withdraws Personal Data Protection Bill That Alarmed Tech Giants
The Indian government is withdrawing its long-awaited Personal Data Protection Bill that drew scrutiny from several privacy advocates and tech giants who feared the legislation could restrict how they managed sensitive information while giving government broad powers to access it. From a report: The move comes as a surprise as lawmakers had indicated recently that the bill, unveiled in 2019, could see the "light of the day" soon. New Delhi received dozen of amendments and recommendations from a Joint Committee of Parliament that "identified many issues that were relevant but beyond the scope of a modern digital privacy law," said India's Junior IT Minister Rajeev Chandrasekhar. The government will now work on a "comprehensive legal framework" and present a new bill, he added. The Personal Data Protection Bill sought to empower Indian citizens with rights relating to their data. India, the world's second largest internet market, has seen an explosion of personal data in the past decade as hundreds of citizens came online for the first time and started consuming scores of apps. But there has been uncertainty on how much power the individuals, private companies and government agencies have over it.Read more of this story at Slashdot.
Podcast Guests Are Paying Up To $50,000 To Appear on Popular Shows
People will confess all sorts of things to podcasters, from their unpopular political beliefs or embarrassing romantic mishaps to their worst fears. But there's one revelation certain guests will never disclose -- namely, that they're paying thousands of dollars just to be interviewed on the show. From a report: Welcome to the golden era of pay-for-play podcasting, when guests pay handsomely to be interviewed for an entire episode. In exchange, the host gets some revenue, fills out the programming calendar, and might bag a future advertiser. Determining exactly how widespread the practice is can be tricky. Disclosures, if included at all, might last only a few fleeting seconds in an hourlong interview, and various hosts use different language to describe the nature of such relationships. What percentage of shows accepts payment in exchange for airtime is also difficult to say. According to nearly a dozen interviews with industry sources, it appears the practice is particularly popular among podcasts in the wellness, cryptocurrency, and business arenas. In an age when social media influencers routinely get paid for mentioning a brand in an Instagram post or YouTube video, this marriage of convenience shouldn't come as a complete shock. Still, not everyone thinks it's a good idea. "As someone who's making money for that type of advertorial content, it should be disclosed," says Craig Delsack, a New York-based media lawyer. "It's just good practice and builds trust with the podcaster. It can't be the Wild West." US regulators also agree that consumers might be misled when they don't know a media mention only occurred in exchange for compensation. Even so, the phenomenon appears to be thriving in podcasting. Online platform Guestio has raised more than $1 million to build a marketplace devoted entirely to brokering paid guest appearances. On Guestio, the flow of money sometimes reverses direction, and a podcaster provides payment to land a particularly coveted guest such as boxer Manny Pacquiao, who charges $15,000 for an appearance.Read more of this story at Slashdot.
TSMC Warns Taiwan-China War Would Make Everybody Losers
An anonymous reader quotes a report from CNBC: If China were to invade Taiwan, the most-advanced chip factory in the world would be rendered "not operable," TSMC Chair Mark Liu said in an English-language interview with CNN this week. In the undated interview, Liu said that if Taiwan were invaded by China, the chipmaker's plant would not be able to operate because it relies on global supply chains. "Nobody can control TSMC by force. If you take a military force or invasion, you will render TSMC factory not operable," Liu said. "Because this is such a sophisticated manufacturing facility, it depends on real-time connection with the outside world, with Europe, with Japan, with U.S., from materials to chemicals to spare parts to engineering software and diagnosis." The remarks were aired as tensions between China and Taiwan have escalated in recent days as House Speaker Nancy Pelosi visits the island. "The war brings no winners, everybody's losers," Liu said. Liu compared a potential conflict in Taiwan to Russia's invasion of Ukraine, saying that while the two conflicts are very different, the economic impact to other countries would be similar. He encouraged political leaders to try to avoid war. "Ukraine war is not good for any of the sides, it's lose-lose-lose scenarios," Liu said. Liu said an invasion of the territory would cause economic turmoil for China, Taiwan and Western countries. He said that TSMC sells chips to consumer-facing Chinese companies that need the company's services and the supply of advanced computer chips. "How can we avoid war? How can we ensure that the engine of the world economy continues humming, and let's have a fair competition," Liu said. Further reading: US To Stop TSMC, Intel From Adding Advanced Chip Fabs In ChinaRead more of this story at Slashdot.
A Handful of States Are Driving Nearly All US Electric Car Adoption
Using monthly vehicle registration data, Axios is tracking the transition to electric vehicles in the United States. What they found is that a handful of states are driving nearly all the country's electric car adoption. From the report: California -- no surprise -- leads the U.S. in electric vehicle ownership, accounting for 39% of all EVs registered nationwide. Look more closely at the numbers, however, and it turns out EVs represent less than 2% of all vehicles on the road in the Golden State. [...] 4.6% of the new vehicles registered in the U.S. this past May were electric, according to the [S&P Global Mobility's] most recent data. That's more than double EVs' share of monthly registrations in May 2021 (1.9%). EVs still account for only about 0.6% of all registered vehicles in the U.S. Take California's EVs away, and it's just 0.4%. As of April 1, Florida has the second-highest share of the country's EVs, at 6.7%. Then comes Texas (5.4%), Washington (4.4%), and New York (3.6%). Yet, EVs account for only 1% or less of all vehicles within each of these states. Besides California, the states or areas with the highest share of EVs within their own borders: Hawaii (1.3%), and the District of Columbia (1.2%). "Tesla's brand loyalty more than doubled in the month of May and was higher than any brand in the industry, including Toyota and Ford," S&P Global Mobility analyst Tom Libby tells Axios, noting that the Ford Mustang Mach-E, Hyundai Ioniq 5 and Kia EV6 are growing in popularity. "We're just seeing the tip of the iceberg in terms of what's coming," says Libby.Read more of this story at Slashdot.
Dark Matter From 12 Billion Years Ago Detected For the First Time
Scientists have discovered dark matter around galaxies that existed about 12 billion years ago, the earliest detection yet of this mysterious substance that dominates the universe. Space.com reports: The findings, achieved by a collaboration led by researchers from Japan's Nagoya University, suggest that dark matter in the early universe is less 'clumpy' than predicted by many current cosmological models. If further work confirms this theory, it could change scientists' understanding of how galaxies evolve and suggest that the fundamental rules governing the cosmos could have been different when the 13.7 billion-year-old universe was just 1.7 billion years old. The key to mapping dark matter in the very early universe the cosmic microwave background (CMB), a sort of fossil radiation left over from the Big Bang that is distributed throughout the entire cosmos. [...] The team combined lensing distortions of a large sample of ancient galaxies with those of the CMB to detect dark matter dating back to when the universe was just 1.7 billion years old. And this ancient dark matter paints a very different cosmic picture. "For the first time, we were measuring dark matter from almost the earliest moments of the universe," [University of Tokyo assistant professor Yuichi Harikane said in the statement]. "12 billion years ago, things were very different. You see more galaxies that are in the process of formation than at the present; the first galaxy clusters are starting to form as well." These clusters can be comprised of between 100 and 1,000 galaxies bound to large amounts of dark matter by gravity. "Our finding is still uncertain," Harikane said. "But if it is true, it would suggest that the entire model is flawed as you go further back in time. This is exciting because if the result holds after the uncertainties are reduced, it could suggest an improvement of the model that may provide insight into the nature of dark matter itself." The team will continue to collect data to assess whether the Lambda-CDM model conforms to observations of dark matter in the early universe or if the assumptions behind the model need to be revised.Read more of this story at Slashdot.
In DNA, Scientists Find Solution To Building Superconductor That Could Transform Technology
An anonymous reader quotes a report from Phys.Org: Scientists at the University of Virginia School of Medicine and their collaborators have used DNA to overcome a nearly insurmountable obstacle to engineer materials that would revolutionize electronics. One possible outcome of such engineered materials could be superconductors, which have zero electrical resistance, allowing electrons to flow unimpeded. That means that they don't lose energy and don't create heat, unlike current means of electrical transmission. Development of a superconductor that could be used widely at room temperature -- instead of at extremely high or low temperatures, as is now possible -- could lead to hyper-fast computers, shrink the size of electronic devices, allow high-speed trains to float on magnets and slash energy use, among other benefits. One such superconductor was first proposed more than 50 years ago by Stanford physicist William A. Little. [...] One possible way to realize Little's idea for a superconductor is to modify lattices of carbon nanotubes, hollow cylinders of carbon so tiny they must be measured in nanometers -- billionths of a meter. But there was a huge challenge: controlling chemical reactions along the nanotubes so that the lattice could be assembled as precisely as needed and function as intended. [Edward H. Egelman, Ph.D., of UVA's Department of Biochemistry and Molecular Genetics] and his collaborators found an answer in the very building blocks of life. They took DNA, the genetic material that tells living cells how to operate, and used it to guide a chemical reaction that would overcome the great barrier to Little's superconductor. In short, they used chemistry to perform astonishingly precise structural engineering -- construction at the level of individual molecules. The result was a lattice of carbon nanotubes assembled as needed for Little's room-temperature superconductor. [...] The lattice they built has not been tested for superconductivity, for now, but it offers proof of principle and has great potential for the future, the researchers say. The findings have been published in the journal Science.Read more of this story at Slashdot.
MicroStrategy Reports $1 Billion Loss, CEO Steps Down To Focus On Bitcoin
MicroStrategy co-founder Michael Saylor gave up his chief executive officer title and said he'll focus more on Bitcoin after the enterprise-software maker reported a loss of more than $1 billion related to the second-quarter plunge in the price of the cryptocurrency. Bloomberg reports: Saylor, who founded the Tysons Corner, Virginia-based company in 1989, will continue to serve as executive chairman as retains its Bitcoin buying strategy. MicroStrategy President Phong Le will take on the chief executive role. The company also filed with the Securities and Exchange Commission to register 450,000 shares. MicroStrategy took a $917.8 million impairment charge related to the decline in the value of the Bitcoin it holds. Bitcoin tumbled 59% in the quarter, and traded about 45% lower than the price at the end of the year-earlier period. Revenue dropped to $122.1 million. Analysts polled by Bloomberg expected revenue of $123.25 million in the second quarter. Net quarterly loss of $1.062 billion compared with a loss of $299.3 million in the same quarter of last year. The quarterly loss is almost exactly twice the company's revenue in the last 12 months. As of June 30, the carrying value of the company's 129,699 Bitcoins was $1.988 billion, the company said, reflecting the cumulative impairment loss of $1.989 billion. The cumulative amount is now more than Bitcoin on the company's balance sheet. "MicroStrategy's original strategy and consulting business needs full-time attention," said Henry Elder, head of decentralized finance at Wave Financial. "Now Michael can focus on what he does best, promoting Bitcoin. And the company can focus on making more money to buy more Bitcoin. They are basically doubling down."Read more of this story at Slashdot.
Raspberry Pi 4 Expands 3D Potential With Vulkan Update
The Raspberry Pi 4 has hit a major graphics milestone, adding support for a more modern Vulkan 3D APIa. Ars Technica reports: Raspberry Pi CEO Eben Upton announced the Pi 4's Vulkan 1.2 conformance on Monday. Support isn't available yet in downloadable Pi-friendly operating systems but should be coming soon. For most people using their Pi as a server, a DIY controller, or a light desktop, Vulkan 1.2 conformance won't be noticeable. Desktop graphics on the standard Raspberry Pi OS are powered by OpenGL, the older graphics API that Vulkan is meant to replace. There is one group that benefits, says Upton: games and other 3D Android applications. Android uses Vulkan as its low-overhead graphics API. As with most Raspberry Pi advancements, there could be unforeseen opportunities unleashed by this seemingly tiny change. Vulkan 1.2 support gives developers the same 3D-graphics interface (if not anywhere near the same power) as 2019 NVIDIA graphics cards, 2020 Intel chips with integrated graphics, and dozens of other devices. With a Vulkan 1.0 driver installed, developer Iago Toral was able in 2020 to get the original Quake trilogy mostly running on a Pi 4, with not-too-shabby frame rates.Read more of this story at Slashdot.
US Gamers Are Spending a Lot Less On Video Games
US consumer spending on video game products has fallen by $1.78 billion in Q2, according to market research firm NPD. Overall, spending in video gaming in the US totaled $12.35 billion in the recent quarter, down 13 percent year over year. The Verge reports: The findings follow both Microsoft and Sony reporting revenue declines in gaming as the pandemic growth slows. [...] While overall spending on gaming has clearly declined across the industry in Q2, subscription content "was the only segment to post positive gains," according to NPD. That growth is despite Sony launching its revamped PlayStation Plus subscriptions at the end of the quarter. Hardware unit sales were led by Nintendo Switch in the second quarter, according to NPD, with the PS5 generating the highest dollar sales. Despite the declines in spending amid high rates of inflation and following a big period of growth "consumer spending continues to trend above pre-pandemic levels," says Mat Piscatella, games industry analyst at NPD. "However, unpredictable and quickly changing conditions may continue to impact the market in unexpected ways in the coming quarters."Read more of this story at Slashdot.
WhatsApp Boss Says No To AI Filters Policing Encrypted Chat
An anonymous reader quotes a report from The Register: The head of WhatsApp will not compromise the security of its messenger service to bend to the UK government's efforts to scan private conversations. Will Cathcart, who has been at parent company Meta for more than 12 years and head of WhatsApp since 2019, told the BBC that the popular communications service wouldn't downgrade or bypass its end-to-end encryption (EE2E) just for British snoops, saying it would be "foolish" to do so and that WhatsApp needs to offer a consistent set of standards around the globe. "If we had to lower security for the world, to accommodate the requirement in one country, that ... would be very foolish for us to accept, making our product less desirable to 98 percent of our users because of the requirements from 2 percent," Cathcart told the broadcaster. "What's being proposed is that we -- either directly or indirectly through software -- read everyone's messages. I don't think people want that." Strong EE2E ensures that only the intended sender and receiver of a message can read it, and not even the provider of the communications channel nor anyone eavesdropping on the encrypted chatter. The UK government is proposing that app builders add an automated AI-powered scanner in the pipeline -- ideally in the client app -- to detect and report illegal content, in this case child sex abuse material (CSAM). The upside is that at least messages are encrypted as usual when transmitted: the software on your phone, say, studies the material, and continues on as normal if the data is deemed CSAM-free. One downside is that any false positives mean people's private communications get flagged up and potentially analyzed by law enforcement or a government agent. Another downside is that the definition of what is filtered may gradually change over time, and before you know it: everyone's conversations are being automatically screened for things politicians have decided are verboten. And another downside is that client-side AI models that don't produce a lot of false positives are likely to be easily defeated, and are mainly good for catching well-known, unaltered CSAM examples.Read more of this story at Slashdot.
Big Tech Should Share Europe Network Costs, France, Italy and Spain Say
France, Italy and Spain are stepping up pressure on the European Commission to come up with legislation that ensures Big Tech firms partly finance telecoms infrastructure in the bloc, a document showed on Monday. This was the first time the three governments have expressed their joint position on the issue. Reuters reports: EU regulators said in May they were analyzing the question of whether tech giants Alphabet's Google, Meta and Netflix should shoulder some of the costs of upgrading telecoms networks. In a joint paper, a copy of which was seen by Reuters, the three governments said the six largest content providers accounted for 55% of internet traffic. "This generates specific costs for European telecom operators in terms of capacity, at a time they are already hugely investing in the most costly parts of the networks with 5G and Fiber-To-The-Home," the document said. It urged that European telecom networks and large online content providers pay fair shares of network costs. "We call for a legislative proposal ... ensuring all market players contribute to digital infrastructure costs," the document said.Read more of this story at Slashdot.
Logitech Will Launch a Handheld Cloud Gaming Device In 2022
Today, the long-running PC and gaming accessory maker Logitech announced plans to launch its own cloud gaming handheld device. Android Authority reports: Logitech stated it will partner on the software side with China-based Tencent Games for the new device. It is also working with Microsoft's Xbox Cloud Gaming and Nvidia's GeForce Now cloud gaming services so that its device should support hundreds of high-end PC and console games out of the box. It's possible that other cloud gaming services like Google's Stadia and Amazon's Luna could support the device as well, but no concrete details on that just yet. No other details have been revealed, but there is a web page Logitech set up where you can enter your email to receive further updates.Read more of this story at Slashdot.
New Gmail Attack Bypasses Passwords and 2FA To Read All Email
An anonymous reader quotes a report from Forbes: According to cyber security firm Volexity, the threat research team has found the North Korean 'SharpTongue' group, which appears to be part of, or related to, the Kimsuky advanced persistent threat group, deploying malware called SHARPEXT that doesn't need your Gmail login credentials at all. Instead, it "directly inspects and exfiltrates data" from a Gmail account as the victim browses it. This quickly evolving threat, Volexity says it is already on version 3.0 according to the malware's internal versioning, can steal email from both Gmail and AOL webmail accounts, and works across three browsers: Google Chrome, Microsoft Edge, and a South Korean client called Whale. The U.S. Cybersecurity & Infrastructure Security Agency, CISA, reports that Kimsuky has been operating since 2012, and is "most likely tasked by the North Korean regime with a global intelligence gathering mission." While CISA sees Kimsuky most often targeting individuals and organizations in South Korea, Japan, and the U. S., Volexity says that the SharpTongue group has frequently been seen targeting South Korea, the U. S. and Europe. The common denominator between them is that the victims often " work on topics involving North Korea, nuclear issues, weapons systems, and other matters of strategic interest to North Korea." The report says that SHARPEXT differs from previous browser extensions deployed by these hacking espionage groups in that it doesn't attempt to grab login credentials but bypasses the need for these and can grab email data as the user reads it. The good news is that your system needs to be compromised by some means before this malicious extension can be deployed. Unfortunately, we know all too well that system compromise is not as difficult as it should be. Once a system has been compromised by phishing, malware, unpatched vulnerabilities, whatever, the threat actors can install the extension using a malicious VB script that replaces the system preference files. Once that's done and the extension runs quietly in the background, it is tough to detect. The user logs in to their Gmail account from their normal browser on the expected system. The security researchers recommend "enabling and analyzing PowerShell ScriptBlock logging" to detect whether you've been targeted by this attack, reports Forbes. Additionally, they recommend reviewing installed extensions regularly, especially looking for ones you don't recognize or are not available from the Chrome Web Store.Read more of this story at Slashdot.
Attacks on Taiwan Websites Likely Work of Chinese 'Hacktivists'
Digital attacks against Taiwanese government websites ahead of U.S. House of Representatives Speaker Nancy Pelosi's arrival in Tapei on Tuesday were likely launched by Chinese activist hackers rather than the Chinese government, a cybersecurity research organisation said. From a report: The website of Taiwan's presidential office was targeted by a distributed denial of service (DDoS) attack on Tuesday and was at one point malfunctioning, the office said in a statement. Access to the website was restored within about 20 minutes of the attack, the statement said. Taiwanese government agencies were monitoring the situation in the face of "information warfare," a spokesperson later added. A government portal website and Taiwan's foreign ministry website were also temporarily taken offline on Tuesday. In a statement, the foreign ministry said both websites had been hit with up to 8.5 million traffic requests a minute from a "large number of IPs from China, Russia and other places."Read more of this story at Slashdot.
The Crypto Collapse Has Flooded the Market With Rolex and Patek
The collapse in cryptocurrencies is easing supply of the most sought after watches on the second-hand market, depressing prices for hard-to get-Patek Philippe and Rolex models. From a report: The supply of trophy watches such as the Rolex Daytona or Patek Nautilus 5711A "is now much larger," online-watch trading platform Chrono24 said in an emailed statement. The recent swoon in cryptocurrency valuations "has directly impacted pricing of luxury watches from brands like Rolex and Patek Philippe," said the company, which is based in Karlsruhe, Germany, and has more than half a million watches listed for sale on its website. The price decline for the most sought after models is the latest indication that the once soaring second-hand luxury watch market is starting to lose pace. Surging valuations for crypto currencies had minted a new class of luxury buyers, leading to an unprecedented price increase for models particularly from brands like Rolex, Audemars Piguet and Patek. Now that many digital tokens have been hammered, these consumers are going into reverse.Read more of this story at Slashdot.
Axie Infinity Has Left Filipino Gamers Despondent and in Debt
Andrew R Chow and Chad De Guzman, reporting for Time: Samerson Orias was working as a line cook last year in the rural Philippines when his friend told him he could make way more money playing a new video game. Orias was earning about 4,000 pesos a month (about $80, a little less than half the national minimum wage) making takoyaki -- Japanese octopus balls. His friend told him he and others were pocketing up to $600 a month playing Axie Infinity, a game fueled by cryptocurrency and NFTs. Orias, now 26, desperately needed an escape hatch from his financial woes: his mother had had a stroke and required medication, and electricity and grocery bills were stacking up. So he plunged into Axie, doing battle with cartoon monsters for hours deep into the night. He soon began earning cryptocurrency, which he converted into pesos, allowing him to take better care of his mother and his home. At the same time, thousands of young people in the Philippines were jumping headlong into the game. For a brief moment at the peak of crypto's astonishing 2021 boom, these young Filipino players were fulfilling a longtime dream of crypto's most ardent evangelists: that "play-to-earn" blockchain games like Axie could lead the way to a more equitable, opportunity-rich global economy. Fourteen months later, most Filipino players, including Orias, have exited the game nursing anger and anxiety -- and, in some cases, thousands of dollars down. Orias grew to hate playing the game. It was boring and stressful, he says, a common refrain among the dozen players TIME interviewed for this story. "I felt fatigued all the time. I became more aggressive in every aspect of my life," he says. The story of Orias and Axie Infinity serves as a cautionary tale for crypto and its bombastic rhetoric about changing the world. Many crypto thought leaders, when rebutting criticism about the unsavory aspects of the space, point to its impact in developing countries. But Orias and others say that Axie Infinity reinforced predatory systems and gave them false hope. Innovative metaverse ideas like Axie Infinity offer immense promise -- but also tangible peril for those who feel they have no other option but to take the plunge into the digital unknown. The game initially made a huge impact in the Philippines. At one point, players there made up 40% of the game's user base.Read more of this story at Slashdot.
Forsage Crypto Executives Charged With Running $300 Million Ponzi Scheme
Eleven people who ran and promoted cryptocurrency firm Forsage are facing charges of operating a pyramid and Ponzi scheme that raised more than $300 million from millions of investors in the U.S. and elsewhere, according to the Securities and Exchange Commission. From a report: The Forsage executives posted videos that promised huge returns for investors, with one calling it "a powerful long-term source of passive income" and telling viewers, "Forsage means fast and furious." But securities regulators allege the service's founders weren't providing an investment strategy, but rather running a pyramid scheme, where investors made money by recruiting others. Also, earlier investors were paid through the money invested by newer customers, the hallmark of a classic Ponzi structure. The charges underscore the financial risks of a sector that has drawn a fair share of fraudsters and scammers, aside from the massive price plunges that cryptocurrencies have experienced this year. In the case of Forsage, the service was created in 2020 and targeted retail investors who wanted to enter into crypto transactions via so-called "smart contracts" that operated on the ethereum, tron and binance blockchains. In addition to the four founders, the SEC also charged three U.S.-based promoters hired by Forsage to tout the service as well as several members of the Crypto Crusaders, a promotional group for the service, the SEC said.Read more of this story at Slashdot.
The Dirty Carbon Secret Behind Solid State Memory Drives
Solid state drives use far less power than hard disc drives. But a new study unexpectedly reveals that their lifetime carbon footprint is much higher than their hard disc cousins, raising difficult questions for the computer industry. From a report: The benefits of SSDs over HDDs are legion. They are smaller, mechanically simpler, faster to read and write data than their hard disc cousins. They are also more energy efficient. So with many computer manufacturers and datacenter operators looking to reduce their carbon footprints, it's easy to imagine that all this makes the choice of memory easy. But all is not as it seems, say Swamit Tannu at University of Wisconsin in Madison and Prashant Nair at the University of British Columbia in Vancouver. SSDs have a dirty secret. Tannu and Nair have measured the carbon footprint per gigabyte of these devices across their entire lifetimes and, unexpectedly, it turns out that SSDs are significantly dirtier. "Compared to SSDs, the embodied [carbon] cost of HDDs is at least an order of magnitude lower," say the researchers. Tannu and Nair come to their conclusion by adding up the amount of carbon emitted throughout the estimated 10-year lifespans of these devices. This includes the carbon emitted during manufacture, during operation, for transportation and for disposal. The carbon emitted during operation is straightforward to calculate. To read and write data, HDDs consume 4.2 Watts versus 1.3W for SSDs. The researchers calculate that a 1 terabyte HDD emits the equivalent of 159 kilograms of carbon dioxide during a 10-year operating lifespan. By comparison, a 1 terabyte SSD emits just 49.2 kg over 10 years. But SSDs are significantly more carbon intensive to manufacture. That's because the chip fabrication facilities for SSDs operate at extreme temperatures and pressures that are energy intensive to maintain. And bigger memories require more chips, which increases the footprint accordingly. All this adds up to a significant carbon footprint for SSD manufacture. Tannu and Nair calculate that manufacturing a 1 terabyte SSD emits the equivalent of 320 kg of carbon dioxide. By comparison, a similar HDD emits just 40 kg. So the lifetime footprint for a 1 terabyte SSD is 369.2 kg of carbon dioxide equivalent versus 199 kg for an HDD. So HDDs are much cleaner. That's a counterintuitive result with important implications. At the very least, it suggests that computer manufacturers and cloud data storage operators should reconsider the way they use SSDs and HDDs. For example, almost 40 per cent of the carbon footprint of a desktop computer comes from its SSD, compared to just 4 per cent from the CPU and 11 per cent from the GPU.Read more of this story at Slashdot.
Post-Quantum Encryption Contender is Taken Out by Single-Core PC and 1 Hour
In the US government's ongoing campaign to protect data in the age of quantum computers, a new and powerful attack that used a single traditional computer to completely break a fourth-round candidate highlights the risks involved in standardizing the next generation of encryption algorithms. From a report: Last month, the US Department of Commerce's National Institute of Standards and Technology, or NIST, selected four post-quantum computing encryption algorithms to replace algorithms like RSA, Diffie-Hellman, and elliptic curve Diffie-Hellman, which are unable to withstand attacks from a quantum computer. In the same move, NIST advanced four additional algorithms as potential replacements pending further testing in hopes one or more of them may also be suitable encryption alternatives in a post-quantum world. The new attack breaks SIKE, which is one of the latter four additional algorithms. The attack has no impact on the four PQC algorithms selected by NIST as approved standards, all of which rely on completely different mathematical techniques than SIKE.Read more of this story at Slashdot.
Meta Sued For Violating Patient Privacy With Data Tracking Tool
Facebook's parent company Meta and major US hospitals violated medical privacy laws with a tracking tool that sends health information to Facebook, two proposed class-action lawsuits allege. From a report: The lawsuits, filed in the Northern District of California in June and July, focus on the Meta Pixel tracking tool. The tool can be installed on websites to provide analytics on Facebook and Instagram ads. It also collects information about how people click around and input information into those websites. An investigation by The Markup in early June found that 33 of the top 100 hospitals in the United States use the Meta Pixel on their websites. At seven hospitals, it was installed on password-protected patient portals. The investigation found that the tool was sending information about patient health conditions, doctor appointments, and medication allergies to Facebook.Read more of this story at Slashdot.
OpenCAPI To Fold Into CXL - CXL Set To Become Dominant CPU Interconnect Standard
With the 2022 Flash Memory Summit taking place this week, not only is there a slew of solid-state storage announcements in the pipe over the coming days, but the show is also increasingly a popular venue for discussing I/O and interconnect developments as well. Kicking things off on that front, on Monday the OpenCAPI and CXL consortiums issued a joint announcement that the two groups will be joining forces, with the OpenCAPI standard and the consortium's assets being transferred to the CXL consortium. From a report: With this integration, CXL is set to become the dominant CPU-to-device interconnect standard, as virtually all major manufacturers are now backing the standard, and competing standards have bowed out of the race and been absorbed by CXL. Pre-dating CXL by a few years, OpenCAPI was one of the earlier standards for a cache-coherent CPU interconnect. The standard, backed by AMD, Xilinx, and IBM, among others, was an extension of IBM's existing Coherent Accelerator Processor Interface (CAPI) technology, opening it up to the rest of the industry and placing its control under an industry consortium. In the last six years, OpenCAPI has seen a modest amount of use, most notably being implemented in IBM's POWER9 processor family. Like similar CPU-to-device interconnect standards, OpenCAPI was essentially an application extension on top of existing high speed I/O standards, adding things like cache-coherency and faster (lower latency) access modes so that CPUs and accelerators could work together more closely despite their physical disaggregation.Read more of this story at Slashdot.
Broadband Subscriber Growth Slows To Pre-Pandemic Levels
Cable companies are being downgraded by Wall Street analysts in response to weak broadband growth coming out of the pandemic. From a report: Cable companies have managed to stay afloat amid the cord-cutting crisis thanks to their booming broadband businesses. But some analysts see that safety net beginning to fade. Jonathan Chaplin, managing partner at New Street Research, wrote in two notes to clients that the firm has lowered its broadband subscriber estimates for the second time this year for both Charter and Comcast. "We have limited conviction in a quick recovery, given limited visibility all around," he wrote regarding Charter. "We are hoping for a turnaround later in the quarter but have low conviction," he wrote regarding Comcast. Comcast's stock slid last week after it reported flat broadband subscriber additions for the second quarter of 2022. The telecom giant was still able to increase broadband revenues, but its growth has been slowed by increased competition and more users relying on mobile hotspots and fixed wireless plans. Charter lost broadband subscribers for the first time last quarter. Executives cited customers rolling off the government's broadband subsidy program as a major contributor to its customer loss. "Excluding that headwind, we organically grew 38,000 internet customers in the quarter," Charter chief financial officer Jessica Fischer told investors.Read more of this story at Slashdot.
US To Stop TSMC, Intel From Adding Advanced Chip Fabs in China
As the US Congress passed an historic $52 billion federal program to boost domestic chipmaking capabilities, it included one significant caveat: Companies that receive the funding have to promise not to increase their production of advanced chips in China. From a report: It's a condition that will certainly add to escalating tensions between Washington and Beijing. The curbs will hit companies like Intel Corp. and Taiwan Semiconductor Manufacturing Co., leading chipmakers that have tried to build their businesses in China. TSMC won't be able to substantially upgrade or expand its existing facilities, effectively losing some growth opportunities in the world's biggest semiconductor market. Specifically, the Chips and Science Act bars companies that get federal funding from materially expanding production of chips more advanced than 28-nanometers in China -- or a country of concern like Russia -- for 10 years. While 28-nanometer chips are several generations behind the most cutting-edge semiconductors available now, they are still used in a wide range of products including cars and smartphones. The ban covers both logic and memory chips.Read more of this story at Slashdot.
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