Slashdot

Pfizer CEO Albert Bourla said people will "likely" need a booster dose of a Covid-19 vaccine within 12 months of getting fully vaccinated. His comments were made public Thursday but were taped April 1. From a report: Bourla said it's possible people will need to get vaccinated against the coronavirus annually. "A likely scenario is that there will be likely a need for a third dose, somewhere between six and 12 months and then from there, there will be an annual revaccination, but all of that needs to be confirmed. And again, the variants will play a key role," he told CNBC's Bertha Coombs during an event with CVS Health. "It is extremely important to suppress the pool of people that can be susceptible to the virus," Bourla said. The comment comes after Johnson & Johnson CEO Alex Gorsky told CNBC in February that people may need to get vaccinated against Covid-19 annually, just like seasonal flu shots. Researchers still don't know how long protection against the virus lasts once someone has been fully vaccinated.Read more of this story at Slashdot.

An anonymous reader quotes a report from Ars Technica: Cases of COVID-19 are extremely rare among people who are fully vaccinated, according to a new data analysis by the Centers for Disease Control and Prevention. Among more than 75 million fully vaccinated people in the US, just around 5,800 people reported a "breakthrough" infection, in which they became infected with the pandemic coronavirus despite being fully vaccinated. The numbers suggest that breakthroughs occur at the teeny rate of less than 0.008 percent of fully vaccinated people -- and that over 99.992 percent of those vaccinated have not contracted a SARS-CoV-2 infection. The figures come from a nationwide database that the CDC set up to keep track of breakthrough infections and monitor for any concerning signs that the breakthroughs may be clustering by patient demographics, geographic location, time since vaccination, vaccine type, or vaccine lot number. The agency will also be keeping a close eye on any breakthrough infections that are caused by SARS-CoV-2 variants, some of which have been shown to knock back vaccine efficacy. [...] The extraordinary calculation that 99.992 percent of vaccinated people have not contracted the virus may reflect that they all simply have not been exposed to the virus since being vaccinated. Also, there are likely cases missed in reporting. Still, the data is a heartening sign. As for the "breakthroughs," the agency says many of them occurred in older people, who are more vulnerable to COVID-19. There are some scattered through every age group, but more than 40 percent were in people ages 60 and above. "We see [breakthroughs] with all vaccines," top infectious disease expert Anthony Fauci said in a press briefing earlier this week. "No vaccine is 100 percent efficacious or effective, which means that you will always see breakthrough infections regardless of the efficacy of your vaccine."Read more of this story at Slashdot.

Amazon tried to use its power to coerce Ecobee into using its smart home products to collect user data by threatening Ecobee's ability to sell its products on Amazon, according to a report from The Wall Street Journal. The Verge reports: As of now, Ecobee's products can still be purchased on Amazon, but the WSJ claims that negotiations between Ecobee and Amazon are ongoing. According to the WSJ, the online retail giant asked Ecobee to share data from its Alexa-enabled smart thermostats, even when the customer wasn't actively using the voice assistant. Ecobee reportedly refused to have its devices constantly report back to Amazon about the state of the user's home, including data on which doors were locked or unlocked and the set temperature. The reasoning being that enabling its devices to report this data to Amazon would be a violation of its customer's trust. Ecobee may have also been concerned that Amazon wanted the data to build competing products. The retail giant has a reputation for taking non-public sales data and using it to develop products -- something that's come up in antitrust investigations in the US and EU. Amazon has also been accused of using this sales data to directly copy and compete with other companies using its Amazon Basics brand.Read more of this story at Slashdot.

Regulators in Massachusetts are seeking to revoke Robinhood's broker-dealer license in the state, after accusing the company of failing to properly account for fractional shares traded by customers on its platform. They also say the company "continues to entice and induce inexperienced customers into risky trading." CNN reports: The battle began in December when regulators in Massachusetts filed a 24-page complaint against Robinhood accusing the company of violating state law and regulations by failing to protect customers and safeguard its system. Officials alleged Robinhood lured inexperienced investors to its platform with gaming elements such as colorful confetti -- a practice that the company recently said it is getting rid of. The amended complaint filed Thursday says Robinhood has continued a pattern of aggressively enticing customers, including some with "little or no investment experience." It cites news reports indicating Robinhood has expanded margin lending and sought to persuade customers to deposit their stimulus checks by offering "free cash" for deposits. Robinhood's conduct since the complaint was filed in December "poses a substantial and continued risk to Massachusetts investors," the complaint said. Massachusetts regulators said Robinhood has failed to report its fractional share trade executions for over a year, "demonstrating its inability to follow the most basic requirements" required of broker-dealers. In a blog post, Robinhood sharply criticized what it described as "unfounded, politicized allegations and unreasonable demands" from regulators in Massachusetts and warned that revoking its license would block access for millions of customers. "The Massachusetts Securities Division's attempt to prevent Massachusetts residents from choosing how they invest is elitist and against everything we stand for," Robinhood said. "We don't believe our customers are naive as the Massachusetts Securities Division paints them to be." Robinhood fired back by filing a complaint and motion in Massachusetts State Court for a preliminary injunction that would stop the regulatory case against the company. Robinhood is arguing that the regulator's new fiduciary rule "exceeds its authority" under both state and federal law. "By trying to block Robinhood, the division is attempting to bring its residents back in time and reinstate the financial barriers that Robinhood was founded to break down," Robinhood said in the blog post.Read more of this story at Slashdot.

An anonymous reader quotes a report from Ars Technica: Charter Communications employees who have been on strike since 2017 are building an Internet service provider in New York City called "People's Choice." "People's Choice Communications is an employee-owned social enterprise launched by members of IBEW Local #3 to bridge the digital divide and help our neighbors get connected to the Internet during the COVID-19 pandemic," the ISP's website says. "We are the workers who built a large part of New York City's Internet infrastructure in the first place. We built out [Charter] Spectrum's cable system, until in 2017, the company pushed us out on strike by taking away our healthcare, retirement, and other benefits. It's now the longest strike in US history." So far, People's Choice says it has completed rooftop antenna installations at two schools in the Bronx and installed "hardline connections to wireless access points connecting 121 units" at housing for survivors of domestic violence who have disabilities. A Gizmodo article said the system is equipped to offer minimum speeds of 25Mbps downstream and 3Mbps upstream, meeting a broadband standard that has been used by the Federal Communications Commission since 2015. "We have a big portion of most of the Bronx covered with our antenna," IBEW Local #3 steward Troy Walcott told Gizmodo. "Now we have to go building by building to let people know we're out there and start turning them on." "A few dozen Spectrum strikers have been actively involved in the installations, but Walcott expects that at least one hundred workers are waiting in the wings for the project to scale up," the Gizmodo article said. "We work in affordable housing, supportive housing, co-op housing, NYCHA [NYC Housing Authority], homeless shelters, and regular old apartment complexes," the webpage notes. You can fill out this form if you're interested in bringing broadband to your building. "After we build out a network in your building, it transfers to cooperative ownership, so profits are returned to users," the People's Choice website says. "We are able to provide high-speed service in most cases for $10-$20/month. No more cable company ripping you off, and as an owner, you have a vote in policies like data privacy."Read more of this story at Slashdot.

California and its partners are set to launch by 2023 two satellites to spot and monitor plumes of planet-warming carbon dioxide (CO2) and methane. "If all goes right, dozens more could follow," reports Science Magazine. From the report: The $100 million Carbon Mapper project, announced today and financed by private philanthropists including Michael Bloomberg, will advance efforts to track concentrated emissions of greenhouse gases, which rise from fossil fuel power plants, leaky pipelines, and abandoned wells. Previous satellites have lacked the resolution and focus to monitor point sources rigorously. [...] The satellites will be built and managed by Planet, a California company that already operates a constellation of Earth-imaging satellites. The spacecraft will rely on "hyperspectral" imaging spectrometers developed by NASA's Jet Propulsion Laboratory (JPL). Rather than gathering light in just a few discrete wavelength channels, like the human eye, these spectrometers capture reflected sunlight and subdivide it into more than 400 wavelength channels across the visible and into the infrared. The intensity of light across these channels can be tied to specific chemistries and reflect the abundances of certain gases in the air molecules below. The satellites won't just measure gases in the air; they will also detect chemical signatures on the ground. By measuring the intensity of green chlorophyll or detecting the signatures for excess salts or fungus, for example, researchers will be able to evaluate the health of crops and forests. They can prospect for minerals in remote regions. They can map and identify different coral and algae species, and they can track dust and soot. Even snow and ice pops out in these sensors, says Robert Green, a remote-sensing scientist at JPL. "Snow is one of the most colorful materials on Earth if you look beyond visible light." The first two Carbon Mapper satellites will each be roughly the size of a washing machine, weighing up to 200 kilograms. They will provide imagery with a resolution of 30 meters but won't offer global coverage at first. Instead, they will target regions known to host superemitters, like power plants, oil and gas drilling, or livestock operations. The regions will be revisited every few weeks to start. All emission data, calculated from the plume intensity and length, will be made publicly available -- in the hopes that governments and businesses will do more to staunch leaks and tamp down discharges. [...] Should Carbon Mapper's first two satellites prove successful, Planet envisions building a commercial constellation of similar satellites that would revisit every spot on the planet once a day, and selling those data to regulators and companies.Read more of this story at Slashdot.

What if the key to improving speech recognition accuracy is simply mixing all available speech datasets together to train one large AI model? That's the hypothesis behind a recent study published by a team of researchers affiliated with Google Research and Google Brain. They claim an AI model named SpeechStew that was trained on a range of speech corpora achieves state-of-the-art or near-state-of-the-art results on a variety of speech recognition benchmarks. VentureBeat reports: In pursuit of a solution, the Google researchers combined all available labeled and unlabelled speech recognition data curated by the community over the years. They drew on AMI, a dataset containing about 100 hours of meeting recordings, as well as corpora that include Switchboard (approximately 2,000 hours of telephone calls), Broadcast News (50 hours of television news), Librispeech (960 hours of audiobooks), and Mozilla's crowdsourced Common Voice. Their combined dataset had over 5,000 hours of speech -- none of which was adjusted from its original form. With the assembled dataset, the researchers used Google Cloud TPUs to train SpeechStew, yielding a model with more than 100 million parameters. In machine learning, parameters are the properties of the data that the model learned during the training process. The researchers also trained a 1-billion-parameter model, but it suffered from degraded performance. Once the team had a general-purpose SpeechStew model, they tested it on a number of benchmarks and found that it not only outperformed previously developed models but demonstrated an ability to adapt to challenging new tasks. Leveraging Chime-6, a 40-hour dataset of distant conversations in homes recorded by microphones, the researchers fine-tuned SpeechStew to achieve accuracy in line with a much more sophisticated model. Transfer learning entails transferring knowledge from one domain to a different domain with less data, and it has shown promise in many subfields of AI. By taking a model like SpeechStew that's designed to understand generic speech and refining it at the margins, it's possible for AI to, for example, understand speech in different accents and environments.Read more of this story at Slashdot.

In his final letter to shareholders as Amazon CEO, Jeff Bezos said that the company has to "do a better job for our employees." But, as The Verge points out, the outlined strategy includes "a robotic scheme that will develop new staffing schedules using an algorithm." From the report: Bezos pushed back on the idea that, according to news reports, Amazon doesn't care for its employees. "In those reports, our employees are sometimes accused of being desperate souls and treated as robots. That's not accurate,â he wrote. To address concerns about working conditions, Bezos said the company will develop new staffing schedules "that use sophisticated algorithms to rotate employees among jobs that use different muscle-tendon groups to decrease repetitive motion and help protect employees from MSD risks." The technology will roll out throughout 2021, he said. In addition to giving a nod to working conditions at Amazon, the letter is the first time Bezos has publicly addressed the failed union drive at its Bessemer, Alabama plant. "Does your Chair take comfort in the outcome of the recent union vote in Bessemer? No, he doesn't," Bezos wrote. "I think we need to do a better job for our employees. While the voting results were lopsided and our direct relationship with employees is strong, it's clear to me that we need a better vision for how we create value for employees -- a vision for their success."Read more of this story at Slashdot.

An anonymous reader quotes a report from TechCrunch: Facebook's lead data supervisor in the European Union has opened an investigation into whether the tech giant violated data protection rules vis-a-vis the leak of data reported earlier this month. Here's the Irish Data Protection Commission's statement: "The Data Protection Commission (DPC) today launched an own-volition inquiry pursuant to section 110 of the Data Protection Act 2018 in relation to multiple international media reports, which highlighted that a collated dataset of Facebook user personal data had been made available on the internet. This dataset was reported to contain personal data relating to approximately 533 million Facebook users worldwide. The DPC engaged with Facebook Ireland in relation to this reported issue, raising queries in relation to GDPR compliance to which Facebook Ireland furnished a number of responses. The DPC, having considered the information provided by Facebook Ireland regarding this matter to date, is of the opinion that one or more provisions of the GDPR and/or the Data Protection Act 2018 may have been, and/or are being, infringed in relation to Facebook Users' personal data. Accordingly, the Commission considers it appropriate to determine whether Facebook Ireland has complied with its obligations, as data controller, in connection with the processing of personal data of its users by means of the Facebook Search, Facebook Messenger Contact Importer and Instagram Contact Importer features of its service, or whether any provision(s) of the GDPR and/or the Data Protection Act 2018 have been, and/or are being, infringed by Facebook in this respect." "We are cooperating fully with the IDPC in its enquiry, which relates to features that make it easier for people to find and connect with friends on our services," Facebook said in a statement. "These features are common to many apps and we look forward to explaining them and the protections we have put in place."Read more of this story at Slashdot.

The Electronic Frontier Foundation (EFF) today announced it has enhanced its groundbreaking HTTPS Everywhere browser extension by incorporating rulesets from DuckDuckGo Smarter Encryption. According to the digital rights group's press release, HTTPS Everywhere is "a collaboration with The Tor Project and a key component of EFF's effort to encrypt the web and make the Internet ecosystem safe for users and website owners." From the press release: "DuckDuckGo Smarter Encryption has a list of millions of HTTPS-encrypted websites, generated by continually crawling the web instead of through crowdsourcing, which will give HTTPS Everywhere users more coverage for secure browsing," said Alexis Hancock, EFF Director of Engineering and manager of HTTPS Everywhere and Certbot web encrypting projects. "We're thrilled to be partnering with DuckDuckGo as we see HTTPS become the default protocol on the net and contemplate HTTPS Everywhere's future." EFF began building and maintaining a crowd-sourced list of encrypted HTTPS versions of websites for a free browser extension -- HTTPS Everywhere -- which automatically takes users to them. That keeps users' web searching, pages visited, and other private information encrypted and safe from trackers and data thieves that try to intercept and steal personal information in transit from their browser. [...] DuckDuckGo, a privacy-focused search engine, also joined the effort with Smarter Encryption to help users browse securely by detecting unencrypted, non-secure HTTP connections to websites and automatically upgrading them to encrypted connections. With more domain coverage in Smarter Encryption, HTTPS Everywhere users are provided even more protection. HTTPS Everywhere rulesets will continue to be hosted through this year, giving our partners who use them time to adjust. We will stop taking new requests for domains to be added at the end of May.Read more of this story at Slashdot.

"FreeBSD, the other Linux, reached version 13," writes long-time Slashdot reader undoman. "The operating system is known for its stable code, native ZFS support, and use of the more liberal BSD licenses." Phoronix highlights some of the major new improvements: FreeBSD 13.0 delivers on performance improvements (particularly for Intel CPUs we've seen in benchmarks thanks to hardware P-States), upgrading to LLVM Clang 11 as the default compiler toolchain, POWER 64-bit support improvements, a wide variety of networking improvements, 64-bit ARM (AArch64) now being a tier-one architecture alongside x86_64, EFI boot improvements, AES-NI is now included by default for generic kernel builds, the default CPU support for i386 is bumped to i686 from i486, and a variety of other hardware support improvements. Various obsolete GNU tools have been removed like an old version of GNU Debugger used for crashinfo, obsolete GCC 4.2.1 and Binutils 2.17 were dropped from the main tree, and also switching to a BSD version of grep. The release announcement can be found here.Read more of this story at Slashdot.

An anonymous reader quotes a report from Ars Technica: Unless something changes, an issue lurking in older PlayStations' internal timing systems threatens to eventually make every PS4 game and all downloaded PS3 games unplayable on current hardware. Right now, it's not a matter of if but when this problem will occur. [...] The root of the coming issue has to do with the CMOS battery inside every PS3 and PS4, which the systems use to keep track of the current time (even when they're unplugged). If that battery dies or is removed for any reason, it raises an internal flag in the system's firmware indicating the clock may be out of sync with reality. After that flag is raised, the system in question has to check in with PSN the next time it needs to confirm the correct time. On the PS3, this online check happens when you play a game downloaded from the PlayStation Store. On the PS4, this also happens when you try to play retail games installed from a disc. This check has to be performed at least once even if the CMOS battery is replaced with a fresh one so the system can reconfirm clock consistency. Why does the PlayStation firmware care so much about having the correct time? On the PS3, the timer check is used to enforce any "time limits" that might have been placed on your digital purchase (as confirmed by the error message: "This content has a time limit. To perform this operation go to settings date and time settings set via internet"). That check seems to be required even for downloads that don't have any actual set expiration date, adding a de facto one-time online check-in requirement for systems after their internal batteries fail. On the PS4, though, the timing check is apparently intended to make sure PSN trophy data is registered accurately and to prevent players from pretending to get trophies earlier than they actually had. You'd think this check could be segregated from the ability to load the non-trophy portions of the game, but player testing has shown that this seems to be a requirement to get PS4 games to load at all. Last month, Sony shut down PlayStation Store access for the PlayStation 3, PlayStation Vita, and PlayStation Portable. Sony will eventually shut off the PSN servers that power the timing check for hardware it no longer considers important. "After that, it's only a matter of time before failing CMOS batteries slowly reduce all PS3 and PS4 hardware to semi-functional curios," adds Ars. Sony could release a firmware update that limits the system functions tied to this timing check, but Sony hasn't publicly indicated it has any such plans.Read more of this story at Slashdot.

A federal judge tossed a $506.2 million damages award against Apple after ruling the iPhone maker should have been able to argue that patent owner Optis Wireless Technology was making unfair royalty demands, though he refused to throw out the liability finding. From a report: Optis and its partners in the case, PanOptis Patent Management and Unwired Planet, claimed that Apple's smartphones, watches, and tablets that operate over the LTE cellular standard were using its patented technology. U.S. District Court Judge Rodney Gilstrap said the jury should have been allowed to consider whether the royalty demand was consistent with a requirement that standard-essential patents be licensed on "fair, reasonable and non-discriminatory," or FRAND, terms. The patent trial in August, one of the few held during the pandemic, was part of an unusual sweep of verdicts in Texas that collectively resulted in $3.7 billion in damages against tech companies like Apple and Intel Corp. Apple was also hit with damages awards of $502.8 million in a decade-long battle over security communications technology, and $308.5 million in a case over digital rights management.Read more of this story at Slashdot.

An anonymous reader shares a report: On November 7, 2018, Leong Sze Hian, a financial advisor and blogger, shared an article on his Facebook page, without comment. The article, published by Malaysian website The Coverage, alleged that Singapore's Prime Minister Lee Hsien Loong had become a target of ongoing investigations in the 1Malaysia Development Berhad scandal, a massive case of graft in Malaysia that drew in banks in Singapore, Hollywood stars, and Saudi royalty. The article claimed that Malaysia, under former Prime Minister Najib Razak, had signed unfair deals with Singapore in return for help to launder stolen funds. These were serious allegations, particularly in Singapore, where the government is ultra-sensitive to any suggestion of corruption. The response, unsurprisingly, was strong and swift: the law and home affairs minister issued a clear rebuttal, Singapore's High Commission in Kuala Lumpur described the article as libelous, and the Monetary Authority of Singapore lodged a police report against the author of a similar article published in the States Times Review, a website run by a Singaporean in Australia who is highly critical of Singapore's ruling People's Action Party. The Infocomm Media Development Authority, Singapore's media regulator, told Leong to remove the link from his Facebook page; he did. But it was already too late to save him from trouble. Two days later, he found out that Prime Minister Lee was going to sue him for defamation. Last month, the High Court ruled that Leong did defame Lee and ordered him to pay almost $100,000 (133,000 Singapore dollars) in damages. It's an extraordinary sum for a simple Facebook link that stayed up for only three days. But there's a particular legal precedent in Singapore: public leaders are usually awarded higher damages when they win defamation suits related to their character or integrity. In his judgment, Justice Aedit Abdullah quoted a previous case in which the courts stated that public "leaders are generally entitled to higher damages also because of their standing in Singapore society and devotion to public service."Read more of this story at Slashdot.

An anonymous reader writes: Charles Schwab is suing one of its former customers after the retail brokerage allegedly sent more than $1.2 million to an account of the Louisiana woman and then could not get the money back. Schwab meant to send $82.56 to Kelyn Spadoni's Fidelity Brokerage Services account in February, but a computer glitch caused it to erroneously transfer more than $1.2 million, according to the lawsuit. Schwab tried to get the money back, but repeated calls and texts to Spadoni, who lives in a suburb of New Orleans, were not returned, the brokerage said in the lawsuit. "We are fully cooperating with authorities in an effort to resolve this issue," Schwab said in a statement on Tuesday. Fidelity declined comment. After receiving the money in her account, Spadoni transferred a quarter of the money to another account, after which she bought a house and a car using the funds, Jefferson Parish Sheriff's Office spokesman Captain Jason Rivarde said in an interview on Tuesday. "Obviously you are not planning to give the money back if you spent it," he said. When Spadoni signed up with Schwab in January, the agreement she signed included a section that said any overpayment of funds must be returned, said the lawsuit, filed March 30.Read more of this story at Slashdot.

How many years will the ongoing chip shortage affect technology firms across the world? This week, multiple tech executives offered their own dismal estimates as part of their usual public financial disclosures, with the worst one coming in at "a couple of years." From a report: That nasty estimate comes from Intel CEO Pat Gelsinger, who offered that vague timeframe to The Washington Post in an interview on Tuesday. He clarified that was an estimate for how long it would take the company to "build capacity" to potentially address supply shortages. The conversation came as Intel offered to step up for two supply chains particularly pinched by the silicon drought: medical supplies and in-car computer systems. In previous statements, Gelsinger pointed to Intel's current $20 billion plan to build a pair of factories in Arizona, and this week's interview added praise for President Joe Biden's proposed $50 billion chip-production infrastructure plan -- though Gelsinger indicated that Biden should be ready to spend more than that. TSMC CEO C.C. Wei offered a similarly dire estimate to investors on Thursday, saying that the Taiwan-based company hoped to "offer more capacity" for meeting retail and manufacturing demand "in 2023." TSMC, coincidentally, is moving forward with a manufacturing plant of its own in Arizona, which Bloomberg claims could cost "up to $12 billion," despite the company clarifying that it intends to prioritize research, development, and production in its home nation.Read more of this story at Slashdot.

Apple on Thursday announced it's launching a $200 million "Restore Fund" that will "make investments in forestry projects to remove carbon from the atmosphere while generating a financial return for investors." From a report: The move is the latest step by the world's largest tech companies to invest in climate initiatives, including a number of efforts to finance technologies and methods to not only cut emissions, but remove atmospheric CO2.Read more of this story at Slashdot.

The Japanese government has been forced to quickly retire an animated character it had hoped would win support for its decision this week to release more than 1m tonnes of contaminated water from the Fukushima Daiichi nuclear power plant into the sea. From a report: Although the water will be treated before being discharged, it will still contain tritium, a radioactive hydrogen isotope represented on a government website by a cute fish-like creature with rosy cheeks. The character's appearance in an online flyer and video on the reconstruction agency's website angered Fukushima residents. "It seems the government's desire to release the water into the sea takes priority over everything," Katsuo Watanabe, an 82-year-old Fukushima fisher, told the Kyodo news agency. "The gap between the gravity of the problems we face and the levity of the character is huge." Riken Komatsu, a local writer, tweeted: "If the government thinks it can get the general public to understand just by creating a cute character, it is making a mockery of risk communication." Social media users named the character Tritium-kun -- or Little Mr Tritium -- an apparent reference to Pluto-kun, who appeared in the mid-1990s to soften the image of plutonium on behalf of Japan's nuclear industry. The reconstruction agency, which oversees recovery efforts in the region destroyed by the March 2011 earthquake, tsunami and nuclear meltdown, removed the promotional material on Wednesday, a day after it first appeared. Experts say tritium is harmful to humans only in large doses, and that with dilution the treated water poses no scientifically detectable risk.Read more of this story at Slashdot.

Google Earth has partnered with NASA, the U.S. Geological Survey, the EU's Copernicus Climate Change Service, and Carnegie Mellon University's CREATE Lab to bring users time-lapse images of the planet's surface -- 24 million satellite photos taken over 37 years. Together they offer photographic evidence of a planet changing faster than at any time in millennia. Shorelines creep in. Cities blossom. Trees fall. Water reservoirs shrink. Glaciers melt and fracture. From a report: "We can objectively see global warming with our own eyes," said Rebecca Moore, director of Google Earth. "We hope that this can ground everyone in an objective, common understanding of what's actually happening on the planet, and inspire action." Timelapse, the name of the new Google Earth feature, is the largest video on the planet, according to a statement from the company, requiring 2 million hours to process in cloud computers, and the equivalent of 530,000 high-resolution videos. The tool stitches together nearly 50 years of imagery from the U.S.'s Landsat program, which is run by NASA and the USGS. When combined with images from complementary European Sentinel-2 satellites, Landsat provides the equivalent of complete coverage of the Earth's surface every two days. Google Earth is expected to update Timelapse about once a year.Read more of this story at Slashdot.

Social-media companies play a central role in disseminating the messaging of domestic violent extremists in the U.S., FBI Director Christopher Wray said Wednesday, likening the role platforms play in the spread of extremist thought to foreign-backed online political disinformation. From a report: "Social media has become, in many ways, the key amplifier to domestic violent extremism just as it has for malign foreign influence," Mr. Wray said in an annual worldwide-threats hearing held by the Senate Intelligence Committee. "The same things that attract people to it for good reasons are also capable of causing all kinds of harms that we are entrusted with trying to protect the American people against." Mr. Wray's comments came as the Biden administration jump-starts efforts to combat domestic terrorism, which took on greater urgency after supporters of former President Trump stormed the U.S. Capitol on Jan. 6 claiming falsely that the 2020 election had been stolen from him. Mr. Wray's remarks were among the most strident comments from a senior U.S. intelligence official about how social media fuels the problem. Mr. Wray stopped short of blaming Silicon Valley companies for aiding domestic extremism, instead urging Americans "to understand better what the information is that they are reading" and approach it with a "greater level of discerning skepticism." The nature of social media -- an "echo chamber" in which like-minded people rarely hear from outside voices and are isolated because of the Covid-19 pandemic -- has contributed to the problem, he said.Read more of this story at Slashdot.

Dell has announced the long-expected spinoff of VMware, the computing virtualization company it has majority-owned since it bought then-owner EMC Corp. in 2016. From a report: The computing giant said it will spin off its 81% equity ownership in VMware, creating two standalone companies when the move is completed in the fourth quarter of this year. That timing depends on conditions such as a favorable Internal Revenue Service opinion that the transaction qualifies for tax-free status for Dell shareholders. The idea is to simplify the companies' capital structures, since arguably investors have valued both companies' stocks lower than they might have because of the uncertainties related to the complex capital structures. Dell's shares rose about 9% in after-hours trading, while VMware's shares rose about 1.6% in late trading. Under the spinoff, which Dell had signaled last year, VMware will distribute a cash dividend of about $11.5 billion to $12 billion to shareholders, which of course include publicly held Dell itself. Chairman and Chief Executive Michael Dell, along with financial partner Silver Lake Partners, own 60% of Dell shares. Dell will get $9.3 billion to $9.7 billion of that dividend, which the company said will help it get more investment-grade ratings and enable it to pay down debt it has gradually been reducing since buying EMC.Read more of this story at Slashdot.

Facebook said Thursday that since 2020, all its operations have been fully supported by renewable energy, hitting a goal the social media giant set in 2018 to combat climate change. From a report: The social network made the announcement ahead of Earth Day, an annual event on April 22 that focuses on environmental protection. The milestone shows what tech firms are doing to offset the harmful impacts they have on the environment as they make new devices and power data centers amid a growing appetite for tech products. For years, environmental groups such as Greenpeace have been putting increasing pressure on businesses like Facebook to become more eco-friendly. Facebook also said its operations reached "net zero emissions," which the company says means "removing the same amount of greenhouse gas emissions from the atmosphere as we emit." These emissions contribute to some pollution and a warmer climate, according to the US Environmental Protection Agency. The social network said in the last three years, it cut down on its greenhouse gas emissions by 94%, surpassing its 75% reduction goal. Some of the emissions Facebook reduced came from its data centers, offices and other buildings the company leases.Read more of this story at Slashdot.

Chamber of Progress, a new tech industry group funded by giants like Amazon, Facebook and Google, is announcing its support for a corporate tax increase like the one President Joe Biden proposed to fund his $2 trillion infrastructure plan. From a report: The move sets Chamber of Progress, a new center-left group, apart from other business organizations that have opposed Biden's tax hike, like the Business Roundtable and U.S. Chamber of Commerce. While the group's endorsement does not reflect the individual views of each company that funds it, it does send a signal that the tech industry is open to higher tax rates and supports greater infrastructure investment. Chamber of Progress launched late last month and is an industry coalition focused on a range of economic, social and consumer issues, including creating a social safety net and tackling income inequality. Biden proposed raising the corporate tax rate from 21% to 28% to help fund his American Jobs Plan, which includes infrastructure proposals that span the entire economy. The plan includes money to expand broadband availability, which is key to the success of internet businesses, and other priorities the tech industry has emphasized, like clean energy.Read more of this story at Slashdot.

The White House is announcing the expulsion of 10 Russian diplomats and announcing a new round of sanctions against Russia. From a report: The moves are in response to interference in last year's presidential election as well as the hacking last year of federal government agencies. The U.S. for the first time explicitly linked that intrusion to a Russian intelligence service. [...] The sanctions, foreshadowed for weeks by the administration, represents the first retaliatory action announced against the Kremlin for last year's hack, familiarly known as the SolarWinds breach. In that intrusion, Russian hackers are believed to have infected widely used software with malicious code, enabling them to access the networks of at least nine agencies in what U.S. officials believe was an intelligence gathering operation aimed at mining government secrets.Read more of this story at Slashdot.

An anonymous reader quotes a report from Variety: China's internet regulator has launched a hotline for citizens to report online comments that defame the ruling Communist Party and its approved description of history ahead of the Party's upcoming 100th anniversary. The new hotline will enable internet users to stop the spread of "mistaken opinions" and create a "good public opinion atmosphere" to pave the way for the July 1 occasion, the Cyberspace Administration of China (CAC) said in a notice. People can also send in tip-offs via the CAC's website and app. "For a while now, some people with ulterior motiveshave spread historically nihilistic false statements online, maliciously distorting, slandering and denying Party, national and military history in an attempt to confuse people's thinking," the notice said. "We hope that most internet users will play an active role in supervising societyand enthusiastically report harmful information." "Historically nihilistic" information, in official rhetoric, is content that incites doubt about the Party's account of the past. It will accept four types of content complaints: distortions of history, attacks on the Party's "leadership, guiding ideology, principles or policies," the defamation of heroes and martyrs, and "denials of the excellence of traditional Chinese culture, revolutionary culture and advanced socialist culture." The CAC notice did not explain what punishments would be in store for violators. China already frequently detains and jails people for online speech deemed politically inappropriate.Read more of this story at Slashdot.

France is offering residents $2,975 to trade in their gas-powered vehicle for an electric bicycle. The Next Web reports: Earlier this week, lawmakers in France approved the measure in a preliminary vote. The French Federation of Bicycle Users claims that if France does go ahead with the scheme, it would be the first nation in the world to give people money for old cars to put towards new electric bicycles, Reuters reports. However, the organization must be leaving out crucial details as to how it reached that conclusion as there have been other similar schemes. For example, as Martti Tulenheimo, chief specialist at the Finnish Cyclists' Federation points out, Finland has a similar rebate which citizens have used to fund more than 2,000 ebikes, 1,000 new low emission cars, and 100 public transport tickets. Lithuania also offered such a scheme last year. The nation's Environmental Project Management Agency (APVA) offered residents $1,200 if they traded in their old cars. The money could then be used against anything from escooters, to ebikes, to public transport tickets. The scheme was considered a success with more than 8,500 people applying for the grant.Read more of this story at Slashdot.

The lion's share of U.S. consumers say the streamer has the best original programming, according to a new Morgan Stanley survey. Variety reports: Netflix remains the most frequently cited as offering the best original programming -- with 38% of survey respondents picking it as No. 1, per the Wall Street analyst firm's 2021 streaming survey. That's roughly in line with Morgan Stanley's previous surveys. On the 2021 survey, 12% of respondents said Amazon Prime Video offers the best original programming, followed by Disney Plus, Hulu and HBO Max which each scored 6%-7% of total responses. Among Netflix customers, the top reasons cited for subscribing to Netflix were "broad selection of content" (55%), "good original programming" (51%), "adds content I like" (49%) and "no commercials" (46%). In 2021, Netflix is projected to spend about $19 billion on content according to a forecast by financial research firm Bankr, up about 10% from last year. Netflix retains the No. 1 spot as the most widely used streaming service with 58% of respondents saying they use the service. Amazon Prime Video came in at 45% (up 400 basis points year over year), Disney Plus was at 31% (up 650 basis points), and HBO/HBO Max was 20% (up 500 basis points).Read more of this story at Slashdot.

Bloomberg's William Turton and Joshua Brustein have published a profile of the 23-year-old proprietor of VanwaTech, an internet provider in Vancouver, Wash. that "provides tech support to the U.S. networks of White nationalists and conspiracy theorists banned by the likes of Amazon." An anonymous Slashdot reader shares an excerpt from the report: Two and a half months before extremists invaded the U.S. Capitol, the far-right wing of the internet suffered a brief collapse. All at once, in the final weeks of the country's presidential campaign, a handful of prominent sites catering to White supremacists and adherents of the QAnon conspiracy movement stopped functioning. To many of the forums' most devoted participants, the outage seemed to prove the American political struggle was approaching its apocalyptic endgame. "Dems are making a concerted move across all platforms," read one characteristic tweet. "The burning of the land foreshadows a massive imperial strike back in the next few days." In fact, there'd been no conspiracy to take down the sites; they'd crashed because of a technical glitch with VanwaTech, a tiny company in Vancouver, Wash., that they rely on for various kinds of network infrastructure. They went back online with a simple server reset about an hour later, after the proprietor, 23-year-old Nick Lim, woke up from a nap at his mom's condo. Lim founded VanwaTech in late 2019. He hosts some websites directly and provides others with technical services including protection against certain cyberattacks; his annual revenue, he says, is in the hundreds of thousands of dollars. Although small, the operation serves clients including the Daily Stormer, one of America's most notorious online destinations for overt neo-Nazis, and 8kun, the message board at the center of the QAnon movement, whose adherents were heavily involved in the violence at the Capitol on Jan. 6. Lim exists in a singularly odd corner of the business world. He says he's not an extremist, just an entrepreneur with a maximalist view of free speech. "There needs to be a me, right?" he says, while eating pho at a Vietnamese restaurant near his headquarters. "Once you get to the point where you look at whether content is safe or unsafe, as soon as you do that, you've opened a can of worms." At best, his apolitical framing comes across as naive; at worst, as preposterous gaslighting. In interviews with Bloomberg Businessweek early in 2020, Lim said he didn't really know what QAnon was and had no opinion about Donald Trump. What's undeniable is the niche Lim is filling. His blip of a company is providing essential tech support for the kinds of violence-prone hate groups and conspiracists that tend to get banned by mainstream providers such as Amazon Web Services.Read more of this story at Slashdot.

Ford has revealed that it spent last year conducting the "mother of all road trips" for its upcoming BlueCruise system, sending five Mustang Mach-E crossovers and five F-150 trucks on a collective 110,000-mile journey across the US and Canada. Engadget reports: The aim, to no one's surprise, was to gauge how BlueCruise handled in a wide range of realistic road and traffic conditions. Ford had already racked up 500,000 miles of development testing, but these were shorter, narrowly-focused dry runs. The road trips helped Ford look for changes in everything from road signs to weather while traveling cross-country. BlueCruise will reach 2021 Mustang Mach-E and F-150 models later in the second half of the year through a software update, although you'll need the Co-Pilot360 Active 2.0 Prep Package. Like Super Cruise, it relies on looking for "prequalified" highway sections and verifies that you're paying attention to the road. You really can take your hands off the wheel, but you'll have to be ready to intervene when you either leave the BlueCruise-ready area or face an unexpected issue on the road.Read more of this story at Slashdot.

Carbon Robotics, a Seattle company led by Isilon Systems co-founder Paul Mikesell, is unveiling its self-driving robot that uses artificial intelligence to identify weeds growing in fields of vegetables, then zaps them with precision thermal bursts from lasers. GeekWire reports: [W]hat farmers need is less a revolution in farming methods than a revolutionary tool that fits into their current farming patterns, Mikesell said. Carbon worked closely with farmers in eastern Oregon and southern Idaho, he said. As a result, Carbon's robot system -- the Autonomous Weeder -- was built about the size of a medium tractor so it would fit in the furrows between rows of common crops like onions and sweet potatoes. It can cover up to 16 acres of cropland a day, zapping as many as 100,000 weeds an hour, Mikesell said. And since it's self-driving, all a farmer has to do is take it to the field in the morning and turn it on. "We're really intent on not making farmers have to change how they're doing things," Mikesell said. "That's been a key to our success. We fit right into their operations." Carbon has sold out all the robots it built for the 2021 planting season, and is looking for an industrial partner who could help it build more units for 2022, Mikesell said. The company is looking to get into the hundreds of units built and shipped for next year, he said. "There's a demand for a lot more than that, tens or hundreds of thousands of them."Read more of this story at Slashdot.

Dogecoin, the virtual currency that originally started as an internet meme more than seven years ago, has surged more than 85% in the last 24 hours and is trading at $0.13. Its market cap is now over $17 billion. CNN reports: The currency has soared more than 2,000% from the start of the year, and has a big fan in Tesla CEO Elon Musk, whose tweets about it have on occasion driven up Dogecoin's value. Dogecoin has also enjoyed something of a cult status on Reddit, where a popular group -- not unlike the WallStreetBets group behind GameStop's rally -- decided earlier this year to propel its value "to the moon." Dogecoin soared over 600% in the wake of that push. The latest surge in crypto prices comes as Coinbase became the first major cryptocurrency company to list its shares on a U.S. stock exchange.Read more of this story at Slashdot.

An anonymous reader quotes a report from Bloomberg: South Koreans must learn how to work alongside machines if they want to thrive in a post-pandemic world where many jobs will be handled by artificial intelligence and robots, according to the country's labor minister. "Automation and AI will change South Korea faster than other countries," Minister of Employment and Labor Lee Jae-kap said in an interview Tuesday. "Not all jobs may be replaced by machines, but it's important to learn ways to work well with machines through training." While people will have to increase their adaptability to work in a fast-changing high-tech environment, policy makers will also need to play their part, Lee said. The government needs to provide support to enable workers to move from one sector of the economy to another in search of employment and find ways to increase the activity of women in the economy, he added. The minister's remarks underline the determination of President Moon Jae-in's government to press ahead with a growth strategy built around tech even if it risks alienating the country's unions -- an important base of support for the ruling camp -- in the short term. "New jobs will be created as technology advances," Lee said. "What's important in policy is how to support a worker move from a fading sector to an emerging one." The government is looking to help with this transition by expanding its employment insurance program to 21 million people, or more than 40% of the population, by 2025. "The program is part of a government initiative to provide financial support in the form of insurance for every worker in the country, whether they are artists, freelancers or deliverymen on digital platforms," adds Bloomberg. "Separately, the government is providing stipends for young people to encourage them to keep searching for work, as their struggle to stay employed amid slowing economic growth has been made tougher by the pandemic."Read more of this story at Slashdot.

Researchers at the University of Washington have partnered with Apple to study how Apple Watch may be used to predict illnesses such as coronavirus, or flu. Apple Insider reports: "The goal of the study is to see if the information collected by the Apple Watch and iPhone can detect early signs of respiratory illnesses like COVID-19," say the organizers on the recruitment page. The study is focusing on the Seattle area because residents "may have higher than normal risk of respiratory illness because of frequent exposure to other people through work or other activities, health conditions, or other factors." This Apple Respiratory Study is expected to take "up to six months." During the study, participants will be required to periodically answer survey questions in the Apple Research iPhone app. If participants get sick while enrolled in the study, they will be sent an in-home testing kit for COVID-19 and other respiratory illnesses. But, this will likely assist the study further, as sick participants will be asked to "take some additional health measurements using your Apple Watch."Read more of this story at Slashdot.

Google today announced that it is moving FeedBurner to a new infrastructure but also deprecating its email subscription service. From a report: If you're an internet user of a certain age, chances are you used Google's FeedBurner to manage the RSS feeds of your personal blogs and early podcasts at some point. During the Web 2.0 era, it was the de facto standard for feed management and analytics, after all. Founded in 2004, with Dick Costolo as one of its co-founders (before he became Twitter's CEO in 2010), it was acquired by Google in 2007. Ever since, FeedBurner lingered in an odd kind of limbo. While Google had no qualms shutting down popular services like Google Reader in favor of its ill-fated social experiments like Google+, FeedBurner just kept burning feeds day in and day out, even as Google slowly deprecated some parts of the service, most notably its advertising integrations. [...] But in July, it is also shutting down some non-core features that don't directly involve feed management, most importantly the FeedBurner email subscription service that allowed you to get emailed alerts when a feed updates. Feed owners will be able to download their email subscriber lists (and will be able to do so after July, too).Read more of this story at Slashdot.

A new report from The Washington Post reveals how the FBI gained access to an iPhone linked to the 2015 San Bernardino shooting. Apple refused to build a backdoor into the phone, citing the potential to undermine the security of hundreds of millions of Apple users, which kicked off a legal battle that only ended after the FBI successfully hacked the phone. Thanks to the Washington Post's report, we now know the methods the FBI used to get into the iPhone. Mitchell Clark summarizes the key findings via The Verge: The phone at the center of the fight was seized after its owner, Syed Rizwan Farook, perpetrated an attack that killed 14 people. The FBI attempted to get into the phone but was unable to due to the iOS 9 feature that would erase the phone after a certain number of failed password attempts. Apple attempted to help the FBI in other ways but refused to build a passcode bypass system for the bureau, saying that such a backdoor would permanently decrease the security of its phones. After the FBI announced that it had gained access to the phone, there were concerns that Apple's security could have been deeply compromised. But according to The Washington Post, the exploit was simple: [An Australian security firm called Azimuth Security] basically found a way to guess the passcode as many times as it wanted without erasing the phone, allowing the bureau to get into the phone in a matter of hours. The technical details of how the auto-erase feature was bypassed are fascinating. The actual hacking was reportedly done by two Azimuth employees who gained access to the phone by exploiting a vulnerability in an upstream software module written by Mozilla. That code was reportedly used by Apple in iPhones to enable the use of accessories with the Lightning port. Once the hackers gained initial access, they were able to chain together two more exploits, which gave them full control over the main processor, allowing them to run their own code. After they had this power, they were able to write and test software that guessed every passcode combination, ignoring any other systems that would lock out or erase the phone. The exploit chain, from Lightning port to processor control, was named Condor. As with many exploits, though, it didn't last long. Mozilla reportedly fixed the Lightning port exploit a month or two later as part of a standard update, which was then adopted by the companies using the code, including Apple.Read more of this story at Slashdot.

An anonymous reader quotes a report from Motherboard: Washington State lawmakers have voted to kill telecom-industry backed restrictions that limit the reach of community broadband. The Public Broadband Act (HB1336) passed the state Senate with a 27-22 vote on Sunday, after passing the House with a vote of 60-37 last February. State Representative Drew Hansen applauded the bill's passage on Twitter, stating it "reverses decades of bad policy" and opens the door to better, cheaper broadband. "Washington was one of only 18 states that restricted local governments from serving the public by providing public broadband," Hansen told Motherboard. "My bill eliminates that restriction." In Washington, a twenty-one year old law let some local governments build their own broadband networks, but prohibited local utilities from delivering broadband to customers directly. Hansen, who was also the primary sponsor of the state's new net neutrality law, says his bill finally eliminates those unnecessary limits entirely. "The Public Broadband Act broadly authorizes all local governments to provide broadband to anyone -- people who are totally unserved, people who have some internet access but it's not affordable or reliable -- any people at all," Hansen told Motherboard. "Under the Public Broadband Act, Washington governments have completely unrestricted authority to provide broadband to the public."Read more of this story at Slashdot.

If your heart stops en route to Mars, rest assured that researchers have considered how to carry out CPR in space. (One option is to plant your feet on the ceiling and extend your arms downwards to compress the patient's chest.) From a report: Astronauts, because of their age range and high physical fitness, are unlikely to suffer a stroke or have their appendix suddenly explode. That's good because, if it does happen, they're in the realm of what Jonathan Scott -- head of the medical projects and technology team at the European Space Agency -- describes as 'treatment futility.' In other words: there's nothing anyone can do about it. On the ISS, when medical incidents arise, astronauts can draw on the combined expertise of a host of medical experts at Nasa. "The patient is on the space station, the doctor is on the ground, and if there's a problem the patient consults the doctor," says Scott. By the time astronauts reach Mars, there'll be a 40-minute time lag in communications, if it's possible to make contact at all. "We have to begin preparing for not only being able to diagnose things in spaceflight but also to treat them as well," Scott says. Artificial intelligence is likely to be a part of the solution. If you're imagining the holographic doctor from Star Trek, downgrade your expectations, at least for the next few decades. Kris Lehnhardt, the element scientist for exploration medical capability at Nasa, says: "We are many, many, many years away from: please state the nature of the medical emergency." Emmanuel Urquieta is deputy chief scientist at the Translational Institute for Space Health (TRISH), a Nasa-funded program which conducts research into healthcare for deep space missions. While full AI may be a way off, Urquieta believes some form of artificial intelligence will still play a crucial role. "It's going to be essential for a mission to Mars," he says. While the crew for a mission to Mars will likely include a medical doctor, he explains: "No single physician can know everything." And, of course: "What happens if that astronaut gets sick?" Research projects funded by TRISH include Butterfly iQ, a handheld ultrasound device for use by non-medical personnel to make diagnoses that would otherwise require bulky equipment and a trained operator. VisualDx is an AI diagnostics tool originally developed to analyse images and identify skin conditions. The technology is now being adapted to help astronauts diagnose a wide range of conditions most commonly encountered in space, without an internet connection.Read more of this story at Slashdot.

Most business travellers in the UK will take fewer flights than they used to, according to a poll, thanks to increased use of video conferencing. Only a third expected to return to the same level of flying as before the coronavirus pandemic, once travel restrictions are lifted. From a report: The huge reduction in air travel caused by Covid-19 had no impact on the work life or productivity of the majority of the business flyers, the poll found, with one in five saying the shutdown had had a positive impact. Carbon emissions from aviation were growing at 5.7% a year before the pandemic, despite many countries committing to cut all emissions to net zero by 2050 to tackle the climate crisis. Green campaigners argue that the aviation shutdown provides an opportunity to put the sector on a sustainable trajectory. Business-class seats provide most of airlines' revenues but result in more emissions than those in the economy cabin because of the greater space occupied by each passenger. Business fliers also fly far more frequently than most holidaygoers, with 10% of those in the poll taking more than 10 flights in the year up to the first lockdown in March 2020. Bill Gates recently estimated that more than 50% of business travel would end as companies adopted online meetings and cut costs.Read more of this story at Slashdot.

An anonymous reader shares a report: The explosion and blackout at the Natanz nuclear facility in Iran over the weekend raised the specter of past sabotage -- including the Stuxnet cyberattack that took out some of Natanz's centrifuges between 2007 and 2010 as well as an explosion and fire that occurred there last July -- destroying about three-fourths of a newly opened plant for the assembly of centrifuges. Government officials and news reports gave conflicting accounts of what caused the latest blasts, the extent of damage, and Iran's capacity to quickly recover. Initial reports said there was no harm to the Natanz facility, but Iranian officials later acknowledged damage to its centrifuges. And while media accounts have suggested saboteurs focused on taking out the facility's electric supply, David Albright, founder and president of the Institute for Science and International Security in Washington, D.C., believes the aim was to destroy centrifuges. Power is easy to restore even when electrical equipment is damaged, allowing enrichment work to quickly resume. But an abrupt blackout that also takes out backup power would have destroyed some centrifuges, Albright says, since they need to be powered down slowly. Failure to do so leads to vibrations that can cause centrifuge rotors and bellows to become damaged and in some cases disintegrate, which is what Albright suspects occurred.Read more of this story at Slashdot.

The Senate on Wednesday confirmed Gary Gensler to lead the Securities and Exchange Commission, putting in place a battle-tested Wall Street watchdog at a moment when Democrats are looking to rein in financial market risk. From a report: The Senate confirmed Gensler in a 53-45 vote. The MIT professor and former Goldman Sachs partner is returning to government after serving as a top regulator in the Obama administration, when he cracked down on big bank trading activities that fueled the 2008 global financial crisis. Gensler will lead work on sweeping new federal regulations that would require companies to disclose their contributions and exposure to climate change, which is poised to trigger a huge lobbying fight and is already stirring deep partisan tensions. The effort will be in focus next week when President Joe Biden holds an international climate summit. And following four years of light-touch regulation under Trump, Democrats are urging the SEC to step up oversight of major financial firms after a series of high-profile market snafus this year. In recent days, for example, international banks with operations in the U.S. suffered billions of dollars in losses after a little-known investment fund collapsed and sent shockwaves through the markets.Read more of this story at Slashdot.

Cryptocurrency exchange Coinbase opened trading on Wednesday at $381 per share, giving it a fully diluted market value of around $102 billion. From a report: This is a slight premium to the most recent private trades for Coinbase stock, and more than 50% higher than the reference price set last night by the Nasdaq. Coinbase's public listing has been among the most anticipated in recent years, with expectations it will garner a massive market cap. Further reading: Coinbase's blockbuster debut is a 'watershed' for crypto -- but there are risks ahead.Read more of this story at Slashdot.

The EU Commission has decided not to renew COVID-19 vaccine contracts next year with AstraZeneca and Johnson & Johnson (J&J), Italian daily La Stampa reported on Wednesday, citing a source from the Italian health ministry. Reuters: "The European Commission, in agreement with the leaders of many (EU) countries, has decided that the contracts with the companies that produce (viral vector) vaccines that are valid for the current year will not be renewed at their expiry," the newspaper reported. It added that Brussels would rather focus on COVID-19 vaccines using messenger RNA (mRNA) technology, such as Pfizer's and Moderna's. A spokesman for the EU Commission said it was keeping all options open to be prepared for the next stages of the pandemic, for 2022 and beyond.Read more of this story at Slashdot.

Parallels today announced the release of Parallels Desktop 16.5 for Mac with full support for M1 Macs, allowing for the Windows 10 ARM Insider Preview and ARM-based Linux distributions to be run in a virtual machine at native speeds on M1 Macs. From a report: Parallels says running a Windows 10 ARM Insider Preview virtual machine natively on an M1 Mac results in up to 30 percent better performance compared to a 2019 model 15-inch MacBook Pro with an Intel Core i9 processor, 32GB of RAM, and Radeon Pro Vega 20 graphics. Parallels also indicates that on an M1 Mac, Parallels Desktop 16.5 uses 2.5x less energy than on the latest Intel-based MacBook Air. Microsoft does not yet offer a retail version of ARM-based Windows, with the Windows 10 ARM Insider Preview available on Microsoft's website for Windows Insider program members. The ability to run macOS Big Sur in a virtual machine is a feature that Parallels hopes to add support for in Parallels Desktop later this year as well.Read more of this story at Slashdot.

The Swedish government dropped today its investigation into the 2017 hack of its sports authority, citing legal constraints that would have prevented prosecutors from charging the Russian hackers responsible for the intrusion, which officials claimed were mere pawns operating on behalf of a "foreign power." From a report: This marks the first time that such a legal clause is cited by prosecutors investigating cyber-espionage hacking groups. Today's statement from the Swedish Prosecution Authority also marks the first time that Swedish officials formally blamed the Russian government for the 2017 hack of the Swedish Sports Confederation (SSC). Citing a recently-concluded investigation from the Swedish Security Service, which also involved foreign intelligence services, Swedish prosecutors said that one of Russia's military hacker groups breached its sports body between December 2017 and May 2018 and stole medical records for Swedish athletes.Read more of this story at Slashdot.

A White House plan to rapidly shore up the security of the U.S. power grid will begin with a 100-day sprint, but take years more to transform utilities' ability to fight off hackers, Bloomberg reported Wednesday, citing a draft version of the plan confirmed by two people. From the report: The plan is the policy equivalent of a high-wire act: it provides incentives for electric companies to dramatically change the way they protect themselves against cyber-attacks while trying to avoid political tripwires that have stalled previous efforts, the details suggest. Among its core tenets, the Biden administration's so-called "action plan" will incentivize power utilities to install sophisticated new monitoring equipment to more quickly detect hackers, and to share that information widely with the U.S. government. It will ask utilities to identify critical sites which, if attacked, could have an outsized impact across the grid, according to a six-page draft of the plan, which was drawn up by the National Security Council and described in detail to Bloomberg News. And it will expand a partially classified Energy Department program to identify flaws in grid components that could be exploited by the country's cyber-adversaries, including Russia, Iran and China.Read more of this story at Slashdot.

Nearly a year after the Internet Engineering Task Force took up a plan to replace words that could be considered racist, the debate is still raging. The New York Times: What started as an earnest proposal has stalled as members of the task force have debated the history of slavery and the prevalence of racism in tech. Some companies and tech organizations have forged ahead anyway, raising the possibility that important technical terms will have different meanings to different people -- a troubling proposition for an engineering world that needs broad agreement so technologies work together. While the fight over terminology reflects the intractability of racial issues in society, it is also indicative of a peculiar organizational culture that relies on informal consensus to get things done. The Internet Engineering Task Force eschews voting, and it often measures consensus by asking opposing factions of engineers to hum during meetings. The hums are then assessed by volume and ferocity. Vigorous humming, even from only a few people, could indicate strong disagreement, a sign that consensus has not yet been reached. The I.E.T.F. has created rigorous standards for the internet and for itself. Until 2016, it required the documents in which its standards are published to be precisely 72 characters wide and 58 lines long, a format adapted from the era when programmers punched their code into paper cards and fed them into early IBM computers. "We have big fights with each other, but our intent is always to reach consensus," said Vint Cerf, one of the founders of the task force and a vice president at Google. "I think that the spirit of the I.E.T.F. still is that, if we're going to do anything, let's try to do it one way so that we can have a uniform expectation that things will function."Read more of this story at Slashdot.

Huawei has blamed the U.S. for the chip crunch rocking the global tech industry, saying Washington's sanctions against Chinese companies have spurred panic buying of semiconductors and other supplies. From a report: "Because of the U.S. sanctions against Huawei, we have seen panic stockpiling among global companies, especially the Chinese ones. In the past, companies were barely stockpiling, but now they are building up three or six months' worth of inventory ... and that has disrupted the whole system," Rotating Chairman Eric Xu said at the company's 18th Huawei Analyst Summit. The U.S. has placed Huawei and other Chinese tech companies on trade blacklists that restrict their access to American technology, citing national security risks. "Clearly the unwarranted U.S. sanctions against Huawei and other [Chinese] companies are creating an industry-wide supply shortage, and this could even trigger a new global economic crisis," Xu added. Xu's remarks come hours before the White House plans to host a summit aimed at addressing the chip shortage, with an emphasis on its impact on the automotive industry. Dozens of executives from U.S., Asian and European tech companies and automakers -- including General Motors, Ford, Google, Intel, Taiwan Semiconductor Manufacturing Co., Samsung Electronics, and NXP -- are slated to attend the event. White House officials have already acknowledged that the chip shortage may be difficult to solve in the short term.Read more of this story at Slashdot.

An anonymous reader quotes a report from TechCrunch: Coinbase, the American cryptocurrency trading giant, has set a reference price for its direct listing at $250 per share. According to the company's most recent SEC filing, it has a fully diluted share count of 261.3 million, giving the company a valuation of $65.3 billion. Using a simple share count of 196,760,122 provided in its most recent S-1/A filing, Coinbase would be worth a slimmer $49.2 billion. Regardless of which share count is used to calculate the company's valuation, its new worth is miles above its final private price set in 2018 when the company was worth $8 billion. Around four years ago in 2017 Coinbase was worth just $1.6 billion, according to Crunchbase data. For investors in that round, let alone its earlier fundraises, the valuation implied by a $250 per-share price represents a multiple of around 40x from the price that they paid. "The Coinbase direct listing was turbocharged recently when the company provided a first-look at its Q1 2021 performance," adds TechCrunch. "As TechCrunch reported at the time, the company's recent growth was impressive, with revenue scaling from $585.1 million in Q4 2020, to $1.8 billion in the first three months of this year. The new numbers set an already-hot company's public debut on fire."Read more of this story at Slashdot.

According to a new report from Light Reading, the three major U.S. carriers (four at the time) have reportedly abandoned their joint venture to launch a new Cross Carrier Messaging Initiative (CCMI), that promised interoperability for an RCS Universal Profile-based messaging standard. It was originally set to be launched in 2020. [For a detailed explanation of RCS Messaging, we recommend this article.] Android Police reports: Although the company handling the logistics behind the cross-carrier effort claims that it's still "continuing to move forward with preparations," a Verizon spokesperson told Light Reading that "the owners of the Cross Carrier Messaging Initiative decided to end the joint venture effort." [...] This may seem like bad news, but things have changed since 2019. In the time since the CCMI was announced, Google leapfrogged the carrier's selfish dithering and rolled out its own RCS messaging solution via the Messages app, all connected to its Jibe network (though it will use your carrier network if it's Universal Profile-compatible). It's a move that means customers don't have to wait on their carriers to start the work they should have done five years ago. More recently, T-Mobile has essentially handed the reins for its whole network messaging solution to Google by adopting Messages as the default SMS app for all T-Mobile phones, connecting all its customers to Google's RCS network. Given what has and hasn't succeeded when it comes to RCS messaging, what we'd like to see is for Verizon and AT&T to follow T-Mobile, give up on their own stupid standards, and simply adopt Google's RCS Messaging -- either by connecting their chat apps to Google's Jibe network somehow or by adopting the Messages app as sanctioned solutions, as T-Mobile did. But in the meantime, there's nothing to prevent customers on either network from just installing the Messages app themselves and bypassing the carrier mess altogether -- especially since it sounds like the carriers have given up on fixing it.Read more of this story at Slashdot.

The FCC is encouraging netizens to use its internet speed mobile app in an effort to finally get accurate broadband data across the United States. The Register reports: In an announcement on Monday, the telecoms regulator noted that "the app provides a way for consumers to test the performance of their mobile and in-home broadband networks" and "provides the test results to the FCC." It stops far short of saying that the data will be used to make policy decisions, however, saying only that the figures gathered "will help to inform the FCC's efforts to collect more accurate and granular broadband deployment data." The public push doesn't mean that things are going to get better soon. Big Cable has aggressively -- and successfully -- argued in the past that data provided by users over an app is not sufficiently robust to form the basis of governmental decisions. And so the FCC will have to use the results as a way to push for change rather than use the data to make direct decisions. Everybody, including numerous states, cities, congressfolk and the GAO, know that the official FCC data provided by ISPs is not worth the paper it's written on. But broader usage of the app should expose just how inaccurate official figures are, which should in turn provide enough impetus for change. The bigger question is whether enough progress is made in the next four years to make any difference.Read more of this story at Slashdot.