canopic jug writes:Several sites have covered the dynamic pricing scandal concerning Tickemaster's sales of tickets to the Manchester based English rock band Oasis' reunion tour. Aside from the problems of the monopoly maintained by Ticketmaster, and aside from the problem of ticket scalping which is encouraged by Ticketmaster's business model, the dynamic pricing has come across as price gouging and a possible breach of consumer law. The Competition and Markets Authority is now launching an investigation into if or how much Ticketmaster engaged in unfair, prohibited commercial practices.
fliptop writes:On August 19, 2024, Microsoft identified a North Korean threat actor exploiting a zero-day vulnerability in Chromium, now identified as CVE-2024-7971, to gain remote code execution (RCE). We assess with high confidence that the observed exploitation of CVE-2024-7971 can be attributed to a North Korean threat actor targeting the cryptocurrency sector for financial gain:
quietus writes:The European Court of Justice has ruled that Apple has gotten an unfair tax advantage by the Irish tax authorities over the period 1991 to 2014.During this period, Apple only paid taxes in the European Union through 2 subsidiaries in Ireland, Apple Sales International and Apple Operations Europe. Both companies were granted exemption tax rules by the Irish government in 1991 and 2007. As a result of the allocation method endorsed in these tax rulings, Apple only paid an effective corporate tax rate that declined from 1% in 2003 to 0.005% in 2014 on the profits of Apple Sales International.This selective tax treatment of Apple in Ireland is illegal under EU state aid rules, because it gives Apple a significant advantage over other businesses that are subject to the normal national taxation rules, according to the European Commission.After a long legal battle, the European Court of Justice has now ruled that this viewpoint of the Commission is correct, and Apple needs to pay illegal tax benefits worth 13 billion, plus rent, to the Irish authorities.There is no appeal possible to this decision.Original SubmissionRead more of this story at SoylentNews.
fliptop writes:A multinational automaker prepared to lay off more than 2,000 American workers in August after benefiting handsomely from the Biden administration's subsidies for electric-vehicle production:
Editor's note: This TechCrunch piece quotes extensively from the source. For brevity, the quoted pieces were removed, but can be seen if one clicks through to TFA.Arthur T Knackerbracket has processed the following story:
oaklandwatch writes:A half century later Steve Wozniak reunited with nine members of the "Homebrew Computer Club" for a special YouTube event (hosted by John "Captain Crunch" Draper).And Woz remembers that it was that club that inspired him to rig his own continent-spanning connection to ARPAnet. Later the club passed around a datasheet for an upcoming 8-bit microprocessor, Woz did some tinkering, and "You can hear the excitement in Wozniak's voice as he remembers what happened next..."HP had a single computer that 40 people were sharing. But now, "I had this little tiny computer with my own TV set, sitting on my desk at Hewlett-Packard, and I could type in my own programs and come up with solutions ... I was just having the time of my life!" Wozniak, of course, would go on to build Apple's first personal computers, which helped Apple become the most profitable company on earth. But Wozniak closes by saying the Homebrew Computer Club "was the heart of it all. It's what turned me on to the fact that people were interested in things like computers we could afford."Woz also says he even gave tens of millions of his Apple stock to early Apple employees who'd come from the Homebrew Computer Club, because "I just felt they deserved it as much as I did. Because that was really where all my inspiration came from." And he would also fly into computer clubs around the U.S., "because I wanted to tell them where Apple came from, where I came from: It was the Homebrew Computer Club."Original SubmissionRead more of this story at SoylentNews.
canopic jug writes:Smithsonian Magazine has a retrospective on the 70th anniversary of the Fender Stratocaster. That very popular model of electric guitar has been manufactured since 1954.
DannyB writes:City of Columbus sues man after he discloses severity of ransomware attackMayor said data was unusable to criminals; researcher proved otherwise.
fliptop writes:Losing ground in the race to produce electric vehicles, German and French carmakers are heading toward a disruptive wave of factory closures:
canopic jug writes:Coreboot 24.08 has been released, as announced on the project's blog. coreboot is a fast, flexible, and secure extended firmware platform to help boot modern computers and embedded systems. Some hardware comes with coreboot these days as vendors increasingly offer it as an option. In other cases, if you have a supported chip set, it can be used to replace the slower, less secure, proprietary UEFI ("BIOS") firmware which came with the hardware.