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JoeyRox writes: The publicized goal of Tesla's "gigafactory" is to make electric cars more affordable. However, that benefit may soon be eclipsed by the gigafactory's impact on roof-top solar power storage costs, putting the business model of utilities in peril. "The mortal threat that ever cheaper on-site renewables pose" comes from systems that include storage, said physicist Amory Lovins. "That is an unregulated product you can buy at Home Depot that leaves the old business model with no place to hide."

MojoKid writes: It appears that Sony Pictures has become the victim of a massive ransomware hack, which has resulted in the company basically shutting down its IT infrastructure. According to an unnamed source, every computer in Sony's New York Office, and every Sony Pictures office across the nation, bears an image from the hacker with the headline "Hacked By #GOP" which is then followed by a warning. The hacker, or group, claims to have obtained corporate secrets and has threatened to reveal those secrets if Sony doesn't meet their demands.

An anonymous reader writes: Bloomberg reports that Samsung has filed a complaint with the U.S. International Trade Commission asking them to block the import of Nvidia's graphics chips . This is part of Samsung's retaliation for a similar claim filed by Nvidia against Samsung and Qualcomm back in September. Both companies are wielding patents pertaining to the improved operation of graphics chips in cell phones and other mobile devices.

MojoKid writes: For the past year, Intel has pursued what's known as a "contra-revenue" strategy in its mobile division, where product is deliberately sold at a loss to win market share and compete effectively. This has led to a huge rise in tablet shipments, but heavy losses inside Intel's mobile division. Today, the company announced that it would take steps to fold its mobile and conventional processors into a single operating division. While this helps shield the mobile segment from poor short-term results, it also reflects the reality that computing is something users now do across a wide range of devices and multiple operating systems. Intel may not have hit anything like the mobile targets it set out years ago, but long-term success in laptops, tablets, and smartphones remains integral to the company's finances. Desktops and conventional laptops are just one way people compute today and Intel needs to make certain it has a robust long-term presence in every major computing market.

schwit1 writes There's no easy way to say this: You're eating too much chocolate, all of you. And it's getting so out of hand that the world could be headed towards a potentially disastrous (if you love chocolate) scenario if it doesn't stop. ... Chocolate deficits, whereby farmers produce less cocoa than the world eats, are becoming the norm. Already, we are in the midst of what could be the longest streak of consecutive chocolate deficits in more than 50 years. It also looks like deficits aren't just carrying over from year-to-year—the industry expects them to grow. Last year, the world ate roughly 70,000 metric tons more cocoa than it produced. By 2020, the two chocolate-makers warn that that number could swell to 1 million metric tons, a more than 14-fold increase; by 2030, they think the deficit could reach 2 million metric tons.

November 4th will be election day in the U.S. Though the presidential race is still forming, this midterm election has lots of close races that may give a hint about the likely outcome in 2016. Many pundits and pollsters see a strong chance that Republicans will gain a majority in the Senate in Tuesday's election. Think of the discussion attached to this post as the place to discuss the election: candidates, political advertising, voting technology, and the wisdom of voter ID laws. If you are voting, this chart of poll closing times might be useful. (And, as with the similar post from 10 years ago today, you can take a look at the current poll to see what the Zeitgeist looks like for Slashdot readers, and mentally fill in the past tense, if you're one of the many early voters; not much room in the poll question field.)

Mr D from 63 (3395377) writes Time Warner Cable's results have been buoyed recently by higher subscriber numbers for broadband Internet service. In the latest period, however, Time Warner Cable lost 184,000 overall residential customer relationships [Note: non-paywalled coverage at Bloomberg and Reuters]. The addition of 92,000 residential high-speed data customers was offset by 184,000 fewer residential video customers in the quarter. Triple play customers fell by 24,000, while residential voice additions were 14,000.

SmartAboutThings writes According to some reports from the industry, Microsoft is working on a version of its software for servers that run on chips based on ARM Holdings's technology. Windows Server now runs on Intel hardware, but it seems that Redmond wants to diversify its strategy. An ARM-based version of Windows Server could help challenge Intel's dominance and make a place for ARM in the server market, not only in mobile chips. According to the article, though, Microsoft "hasn’t yet decided whether to make the software commercially available."

HughPickens.com writes Abby Phillip reports at the Washington Post that that Mark Zuckerberg just posted a 30-minute Q&A at Tsinghua University in Beijing in which he answered every question exclusively in Chinese — a notoriously difficult language to learn and particularly, to speak. "It isn't just Zuckerberg's linguistic acrobatics that make this a notable moment," writes Philip. "This small gesture — although some would argue that it is a huge moment — is perhaps his strongest foray into the battle for hearts and minds in China." Zuckerberg and Facebook have been aggressively courting Chinese users for years and the potential financial upside for the business. Although Beijing has mostly banned Facebook, the company signed a contract for its first ever office in China earlier this year. A Westerner speaking Mandarin in China — at any level — tends to elicit joy from average Chinese, who seem to appreciate the effort and respect they feel learning Mandarin demonstrates. So how well did he actually do? One Mandarin speaker rates Zuckerberg's language skills at a seventh grader's speech: "It's hard not see a patronizing note in the Chinese audience's reaction to Zuckerberg's Mandarin. To borrow from Samuel Johnson's quip, he was like a dog walking on its hind legs: It wasn't done well, but it was a surprise to see it done at all."

helix2301 writes with word that Big Blue has become slightly smaller: IBM will pay $1.5 billion to GlobalFoundries in order to shed its costly chip division. IBM will make payments to the chipmaker over three years, but it took a $4.7 billion charge for the third quarter when it reported earnings Monday. The company fell short of Wall Street profit expectations and revenue slid 4 percent, sending shares down 8 percent before the opening bell.

iONiUM writes: According to a few news articles, the general public has taken notice of all the recent security breaches in open source software. From the article: "Hackers have shaken the free-software movement that once symbolized the Web's idealism. Several high-profile attacks in recent months exploited security flaws found in the "open-source" software created by volunteers collaborating online, building off each other's work."

While it's true that open source means you can review the actual code to ensure there's no data-theft, loggers, or glaring security holes, that idealism doesn't really help out most people who simply don't have time, or the knowledge, to do it. As such, the trust is left to the open source community, and is that really so different than leaving it to a corporation with closed source?"

An anonymous reader sends this excerpt from Entrepreneur.com: After long remaining mostly mum on Bitcoin, Microsoft's legendary co-founder Bill Gates has spoken. At the Sibos 2014 financial-services industry conference in Boston, America's richest man just threw his weight behind the controversial cryptocash. Well, at least as a low-cost payments solution. ... "Bitcoin is exciting because it shows how cheap it can be," he told Erik Schatzker during a Bloomberg TV's Smart Street show interview yesterday (video). "Bitcoin is better than currency in that you don't have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient." ... While he seems relatively bullish on how inexpensive transacting in Bitcoin can be, Gates isn't singing the praises of its anonymity. The billionaire alluded in an oblique, somewhat rambling fashion to some of the more nefarious anonymous uses associated with Bitcoin.

As reported by Bloomberg News, The Washington Post, and other outlets, the Liberian patient whose diagnosis of Ebola infection marks him as the first such case to have been first diagnosed within the United States may have had contact with more people than previously estimated, and 80 people in the Dallas area are now believed to have come into contact with him. While Bloomberg reports that this larger group of potential contacts is "being monitored for symptoms," the Washington Post's slightly later story says that, in keeping with the best current knowledge about Ebola's spread, "Dallas County Health and Human Services Director Zachary Thompson said that these [newly identified contacts] are not being watched or monitored and are not showing any symptoms of the illness. Only the immediate family members of the victim are being regularly monitored for Ebola symptoms; they've been ordered to stay at home and avoid contact with others."

HughPickens.com writes Reuters reports that your medical information, including names, birth dates, policy numbers, diagnosis codes and billing information, is worth 10 times more than your credit card number on the black market. Fraudsters use this data to create fake IDs to buy medical equipment or drugs that can be resold, or they combine a patient number with a false provider number and file made-up claims with insurers, according to experts who have investigated cyber attacks on healthcare organizations. Medical identity theft is often not immediately identified by a patient or their provider, giving criminals years to milk such credentials. That makes medical data more valuable than credit cards, which tend to be quickly canceled by banks once fraud is detected. Stolen health credentials can go for $10 each, about 10 or 20 times the value of a U.S. credit card number, says Don Jackson, director of threat intelligence at PhishLabs, a cyber crime protection company. He obtained the data by monitoring underground exchanges where hackers sell the information. Plus "healthcare providers and hospitals are just some of the easiest networks to break into," says Jeff Horne. "When I've looked at hospitals, and when I've talked to other people inside of a breach, they are using very old legacy systems — Windows systems that are 10 plus years old that have not seen a patch."

An anonymous reader writes The state-run OAO Rosneft has discovered a vast pool of crude in the Kara Sea region of the Arctic Ocean, arguably bigger than the Gulf of Mexico. From the article: "The discovery sharpens the dispute between Russia and the U.S. over President Vladimir Putin’s actions in Ukraine. The well was drilled before the Oct. 10 deadline Exxon was granted by the U.S. government under sanctions barring American companies from working in Russia’s Arctic offshore. Rosneft and Exxon won’t be able to do more drilling, putting the exploration and development of the area on hold despite the find announced today."

schwit1 writes NASA has chosen two companies to ferry astronauts to and from the International Space Station, and those companies are Boeing and SpaceX. This decision confirms that SpaceX is ready to go and gives the company the opportunity to finish the job, while also giving Boeing the chance to show that it can still compete. After NASA has certified that each company has successfully built its spacecraft, SpaceX and Boeing will each fly two to six missions. The certification process will be step-by-step, similar to the methods used in the cargo contracts, and will involve five milestones. The contracts will be paid incrementally as they meet these milestones. One milestone will be a manned flight to the ISS, with one NASA astronaut on board. Boeing will receive $4.2 billion, while SpaceX will get $2.6 billion. These awards were based on what the companies proposed and requested.

HughPickens.com writes: Reuters reports that plans for a major rewriting of international tax rules have been unveiled by the Organisation for Economic Co-operation and Development (OECD) that could eliminate structures that have allowed companies like Google and Amazon to shave billions of dollars off their tax bills. For more than 50 years, the OECD's work on international taxation has been focused on ensuring companies are not taxed twice on the same profits (and thereby hampering trade and limit global growth). But companies have been using such treaties to ensure profits are not taxed anywhere. A Reuters investigation last year found that three quarters of the 50 biggest U.S. technology companies channeled revenues from European sales into low tax jurisdictions like Ireland and Switzerland, rather than reporting them nationally.

For example, search giant Google takes advantage of tax treaties to channel more than $8 billion in untaxed profits out of Europe and Asia each year and into a subsidiary that is tax resident in Bermuda, which has no income tax. "We are putting an end to double non-taxation," says OECD head of tax Pascal Saint-Amans.For the recommendations to actually become binding, countries will have to encode them in their domestic laws or amend their bilateral tax treaties. Even if they do pass, these changes are likely 5-10 years away from going into effect. Speaking of international corporate business: U.K. mainframe company Micro Focus announced it will buy Attachmate, which includes Novell and SUSE.

An anonymous reader writes: $3 billion in funding is on the line as private space companies duke it out for contracts to end U.S. reliance on Russian rockets for manned spaceflight. The two biggest contenders are SpaceX and Boeing, described as "the exciting choice" and "the safe choice," respectively. "NASA is charting a new direction 45 years after sending humans to the Moon, looking to private industry for missions near Earth, such as commuting to and from the space station. Commercial operators would develop space tourism while the space agency focuses on distant trips to Mars or asteroids." It's possible the contracts would be split, giving some tasks to each company. It's also possible that the much smaller Sierra Nevada Corp. could grab a bit of government funding as well for launches using its unique winged-shuttle design.

retroworks (652802) writes The BBC, the Wall Street Journal, Bloomberg, Forbes and several other business sites are buzzing with Paypal's incorporation of Bitcoin transactions. According to Wired, Paypal will be "the best thing ever to happen to Bitcoin." Paypal-owned Braintree not only brings 150 million active users in close contact with Bitcoin, it signals "mainstreaming" similar to cell phone app banking, perceived as experimental just a few years ago.

cold fjord notes that drivers will be able to switch a new Cadillac model to partial auto-pilot. General Motors Co. (GM), the largest U.S. automaker, will introduce a Cadillac model in two years that can travel on the highway without the driver holding the steering wheel or putting a foot on a pedal. The 2017 Cadillac model will feature "Super Cruise" technology that takes control of steering, acceleration and braking at highway speeds of 70 miles per hour or in stop-and-go congested traffic, Chief Executive Officer Mary Barra said yesterday in a speech at the Intelligent Transport System World Congress in Detroit. GM declined to release the name of the model that will carry the feature. Barra also said GM in two years will become the first automaker to equip a model with so-called vehicle-to-vehicle technology that enables the car to communicate with other autos with similar abilities to warn of traffic hazards and improve road safety. GM will make the V2V feature standard on its 2017 Cadillac CTS sedan, debuting in the second half of 2016, she said. The Super Cruise feature will be on a different Cadillac model and goes beyond similar technology available on some Mercedes-Benz models that operates only at low speeds.

An anonymous reader writes with news about a possible partnership between Apple and major credit card companies. Apple plans to turn its next iPhone into a mobile wallet through a partnership with major payment networks, banks and retailers, according a person familiar with the situation. The agreement includes Visa, MasterCard, and American Express and will be unveiled on Sept. 9 along with the next iPhone, said the person, who asked not to be identified because the talks are private. The new iPhone will make mobile payment easier by including a near-field communication chip for the first time, the person said. That advancement along with Touch ID, a fingerprint recognition reader that debuted on the most recent iPhone, will allow consumers to securely pay for items in a store with the touch of a finger.

theodp writes: Bloomberg is reporting that Google X's Megan Smith is the top candidate for U.S. Chief Technology Officer. With a BS/MS in Mechanical Engineering from MIT, and experience ranging from General Magic to Google, Smith would arguably be the first U.S. CTO worthy of the title (the outgoing U.S. CTO has a bachelor's in Econ; his predecessor has a master's in Public Policy). "Smith joined Google in 2003. As vice president of business development, she oversaw many of its most important acquisitions, like Keyhole, the service that underlies Google Earth. She has led the company’s philanthropic division, Google.org, and served as a co-host for Google’s Solve for X forum, where distinguished thinkers and scientists brainstorm radical technology ideas with Google executives."

New submitter SomeoneFromBelgium (3420851) writes According to Bloomberg a leaked climate report from the IPPC speaks of "Irreversible Damage." The warnings in the report are, as such, not new but the tone of voice is more urgent and more direct than ever. It states among other things that global warming already is affecting "all continents and across the oceans," and that "risks from mitigation can be substantial, but they do not involve the same possibility of severe, widespread, and irreversible impacts as risks from climate change, increasing the benefits from near-term mitigation action."

theodp writes Following up on news that the White House met with big biz on immigration earlier this month, Bloomberg sat down with Joe Green, the head of Mark Zuckerberg's Fwd.US PAC, to discuss possible executive actions President Obama might take on high tech immigration (video) in September. "Hey, Joe," asked interviewer Alix Steel. "All we keep hearing about this earnings season though from big tech is how they're actually cutting jobs. If you look at Microsoft, Cisco, IBM, Hewlett-Packard, why do the tech companies then need more tech visas?" Green explained why tech may not want to settle for laid-off U.S. talent when the world is its oyster. "The difference between someone who's truly great and just sort of okay is really huge," Green said. "Culture in tech is a very meritocratic culture," he added. "The vast, vast majority of tech engineers that I talked to who are from the United States are very supportive of bringing in people from other countries because they want to work with the very best."

IBM sold its personal computer line (including the iconic ThinkPad line) to Lenovo back in 2005. Now, Lenovo is poised to acquire IBM's line of X86-based servers, and has garnered the approval of a regulatory body which could have scotched the deal. (The article describes the server line at issue as "low end," but that's in the eye of the beholder.) From the article: The conclusion of the review by the Committee on Foreign Investment in the U.S., or Cfius, is “good news for both IBM and Lenovo, and for our customers and employees,” Armonk, New York-based IBM said yesterday in a statement. While Cfius placed some conditions on the deal, they don’t significantly affect the business, and terms of the transaction didn’t change as result, a person with knowledge of the matter said, without specifying the conditions. The sale drew scrutiny because of disputes between China and the U.S., the world’s two largest economies, over cyberintrusions. By completing the deal, IBM can jettison a less profitable business to focus on growing areas, such as cloud computing and data analytics, while giving Lenovo a bigger piece of the global computing-hardware market. ... Spokesmen for IBM and Lenovo declined to comment on whether the Cfius clearance included any requirements or concessions. Holly Shulman, a spokeswoman for the Treasury Department, which leads Cfius, declined to comment.

theodp (442580) writes "Google earned kudos from Chicago Mayor Rahm Emanuel this week for teaming up with Staples to fund the projects of 367 of the city's 22,519 public school teachers on "begfunding" site DonorsChoose.org. "Everything that you asked for...every project that the teachers put on to help their students learn, exceed and excel here in the city of Chicago, you now have fully funded," Mayor Emanuel said. "Chicago's hardworking public school teachers are doing all that they can-and more-to support their students, but they need more help," said Rob Biederman, head of Chicago Public Affairs at Google. "We jumped at the chance to join with DonorsChoose.org and Staples to make Chicago's local classroom wishes come true." So what kind of dreams did Google make possible? Ironically, a look at Google Chicago's Giving Page shows that the biggest project funded by Google was to outfit a classroom with 32 Microsoft Surface RT tablets for $12,531, or about 6.5% of the $190,091 Google award. Other big ticket projects funded by Google included $5,931 for a personal home biodiesel kit and $5,552 for a marimba (in the middle of the spectrum was $748 for "Mindfulness Education"). In addition to similar "flash-funding" projects in Atlanta (paper towels!) and the Bay Area, Google and DonorsChoose have also teamed up this year to reward teachers with $400,000 for recruiting girls to learn to code (part of Google's $50 million Made With Code initiative) and an unknown amount for AP STEM teachers who passed Google muster (part of Google's $5 million AP STEM Access grant)."

First time accepted submitter jaeztheangel writes Ecuador's government has approved plans to start a new Digital Currency backed by the state. With defaults in recent history, and dwindling oil reserves it will be interesting to see how this decision turns out. From the article: "Congress last month approved legislation to start a digital currency for use alongside the U.S. dollar, the official tender in Ecuador. Once signed into law, the country will begin using the as-yet-unnamed currency as soon as October. A monetary authority will be established to regulate the money, which will be backed by 'liquid assets.'”

AcidPenguin9873 (911493) writes Today, Texas Gov. Rick Perry and SpaceX CEO Elon Musk announced that SpaceX has chosen a site at Boca Chica Beach, Texas, as the location where SpaceX will build its rocket launch facility. The Boca Chica site, at the southern tip of Texas near Brownsville and South Padre Island, had been competing with sites in Florida, Georgia, and Puerto Rico, but had been named the frontrunner to land the site by Musk when he testified to the Texas state legislature in 2013. The spaceport will be the first privately-owned vertical rocket launch facility in the world, and will target commercial customers. State and local governments have pledged to provide a total of about $20 million in incentives to attract SpaceX to the site.

Daniel_Stuckey writes Now the NSA has yet another dilemma on its hands: Investigative journalist Jason Leopold is suing the agency for denying him the release of financial disclosure statements attributable to its former director. According to a report by Bloomberg, prospective clients of Alexander's, namely large banks, will be billed $1 million a month for his cyber-consulting services. Recode.net quipped that for an extra million, Alexander would show them the back door (state-installed spyware mechanisms) that the NSA put in consumer routers.

An anonymous reader writes: Yesterday, word came down that Microsoft was starting to lay off some 18,000 workers. As of June 5th, Microsoft reported a total employee headcount of 127,005, so they're cutting about 15% of their jobs. That's actually a pretty huge percentage, even taking into account the redundancies created by the Nokia acquisition. Obviously, there's an upper limit to how much of your workforce you can let go at one time, so I'm willing to bet Microsoft's management thinks thousands more people aren't worth keeping around. How many employees does Microsoft realistically need? The company is famous for its huge teams that don't work together well, and excessive middle management. But they also have a huge number of software projects, and some of the projects, like Windows and Office, need big teams to develop. How would we go about estimating the total workforce Microsoft needs? (Other headcounts for reference: Apple: 80,000, Amazon: 124,600, IBM: 431,212, Red Hat: 5,000+, Facebook: 6,800, Google: 52,000, Intel: 104,900.)

mrspoonsi (2955715) writes with news that Microsoft is reportedly planning a major staff reduction that would top Steve Ballmer's record 5,800-head layoff in 2009. From the article: The reductions — which may be unveiled as soon as this week — will probably be in areas such as Nokia and divisions of Microsoft that overlap with that business, as well as marketing and engineering, said the people, who asked not to be identified because the plans aren’t public.

ClockEndGooner writes Looking for a 3-D printer to help you out with a home project or two? If you're in one of the 12 pilot program areas in the U.S., stop into Home Depot to take a look at and purchase a MakerBot 3-D Replicator printer. "...The pilot program will offer the microwave-sized MakerBot Replicator printers, priced at $2,899, for sale, as well as the smaller Replicator Minis, which list for $1,375. 'This will open up the whole world of 3-D printing to people who wouldn't otherwise know about it—like moms and dads, electricians, contractors and DIY-home-improvement folks,' said MakerBot chief executive Bre Pettis. 'It's a good match.'"

Taco Cowboy points out that many news outlets are reporting that IBM plans to spend $3 billion on semiconductor research and development in the next five years. The first goal is to build chips whose electronic components, called transistors, have features measuring just 7 nanometers, the company announced Wednesday. For comparison, that distance is about a thousandth the width of a human hair, a tenth the width of a virus particle, or the width of 16 potassium atoms side by side. The second goal is to choose among a range of more radical departures from today's silicon chip technology -- a monumental engineering challenge necessary to sustain progress in the computing industry. Among the options are carbon nanotubes and graphene; silicon photonics; quantum computing; brainlike architectures; and silicon substitutes that could run faster even if components aren't smaller. "In the next 10 years, we believe there will be fundamentally new systems that are much more efficient at solving problems or solving problems that are unsolvable today," T.C. Chen, IBM Research's vice president of science and technology, told CNET

schwit1 writes with an update on the U.S. government's troubled F-35 program, the cost of which keeps rising while the planes themselves are grounded. A fire in late June caused officials to halt flights for the entire fleet of $112 million vehicles last week. Despite this, Congress is still anxious to push the program forward, and Foreign Policy explains why: Part of that protection comes from the jaw-dropping amounts of money at stake. The Pentagon intends to spend roughly $399 billion to develop and buy 2,443 of the planes. However, over the course of the aircrafts' lifetimes, operating costs are expected to exceed $1 trillion. Lockheed has carefully hired suppliers and subcontractors in almost every state to ensure that virtually all senators and members of Congress have a stake in keeping the program — and the jobs it has created — in place. "An upfront question with any program now is: How many congressional districts is it in?" said Thomas Christie, a former senior Pentagon acquisitions official. Counting all of its suppliers and subcontractors, parts of the program are spread out across at least 45 states. That's why there's no doubt lawmakers will continue to fund the program even though this is the third time in 17 months that the entire fleet has been grounded due to engine problems."

ShaunC writes: Is there a glut of qualified American tech workers, or isn't there? Some companies like Facebook and Airbnb are now actively courting and recruiting high school students as young as 13 with promises of huge stipends and salaries. As one student put it, "It's kind of insane that you can make more than the U.S. average income in a summer." Another who attended a Facebook-sponsored trip said he'd "forego college for a full-time job" if it were offered. Is Silicon Valley taking advantage of naive young workers?

First time accepted submitter ugen (93902) writes "The son of a Russian lawmaker has been arrested by the U.S. on charges of selling credit card information he stole by hacking into the computers of American retailers. Roman Seleznev, 30, was arrested overseas by the U.S. Secret Service on July 5 and was ordered detained today during a hearing in federal court in Guam, the Justice Department said in a statement."

WIth an interesting followup to the recent news that Germany's power production by at least some measures was briefly dominated by solar production, AmiMoJo (196126) writes Germany is headed for its biggest electricity glut since 2011 as new coal-fired plants start and generation of wind and solar energy increases, weighing on power prices that have already dropped for three years. From December capacity will be at 117% of peak demand. The benchmark German electricity contract has slumped 36% since the end of 2010. "The new plants will run at current prices, but they won't cover their costs" said Ricardo Klimaschka, a power trader at Energieunion GmbH. Lower prices "leave a trail of blood in our balance sheet" according to Bernhard Guenther, CFO at RWE, Germany's biggest power producer. Wind and solar's share of installed German power capacity will rise to 42% by next year from 30% in 2010. The share of hard coal and lignite plant capacity will drop to 28% from 32%.

schwit1 (797399) sends word of a new and exciting use for all of the data various entities are collecting about you. From the article: You may soon get a call from your doctor if you've let your gym membership lapse, made a habit of ordering out for pizza or begin shopping at plus-sized stores. That's because some hospitals are starting to use detailed consumer data to create profiles on current and potential patients to identify those most likely to get sick, so the hospitals can intervene before they do. Acxiom Corp. (ACXM) and LexisNexis are two of the largest data brokers who collect such information on individuals. They say their data are supposed to be used only for marketing, not for medical purposes or to be included in medical records. While both sell to health insurers, they said it's to help those companies offer better services to members.

rtoz writes: The popular home monitoring camera startup "Dropcam" will be acquired by Nest Labs, the maker of smart thermostats and smoke detectors. The deal is worth $555 million in cash. Nest itself was purchased by Google just four months ago for $3.2 billion. Dropcam is a cloud-based, Wi-Fi video monitoring service, founded in 2009. It lets users place cameras throughout a home for live-viewing and recording. The cameras also include options for night vision and two-way talking with built-in microphones. Dropcam has never disclosed sales, but it is routinely the top-selling security camera on Amazon, and it recently branched into selling in retail stores like Apple and Best Buy. People concerned about the privacy implications of Google's acquisition of Nest may be further unsettled by Nest's purchase of a home surveillance company. Nest's founder Matt Rogers anticipated this issue, and insisted that there's no reason to worry. In his blog post, he says that data won't be shared with anyone, including Google, without a customer's permission. Nest has run into product challenges recently.

An anonymous reader sends this news from Bloomberg: Priceline Group Inc. stepped up its acquisition spree by buying OpenTable Inc. in a deal valued at $2.6 billion, adding restaurant bookings to an online travel business already spanning flights, hotels and cars. The all-cash offer of $103 per share for the popular Internet restaurant reservation company is 46 percent higher than OpenTable's closing price yesterday. The deal is expected to be completed in the third quarter, the companies said in a statement today. Priceline is buying a company that seats over 15 million diners per month across more than 31,000 restaurants via online bookings.

Nerval's Lobster writes: So far, the Oculus Rift virtual-reality headset has found its most widespread use in gaming. But as the device rises in prominence, more companies are testing its capabilities as a work tool. Bloomberg is one of those companies, having designed software that allows Oculus-equipped traders and financial pros to view dozens of virtual "screens," each one packed with data. The platform is clearly aimed at those Masters of the Universe who stack their real-world desks with four, six or eight screens—the better to take the pulse of the markets. Think of it as a traditional Bloomberg terminal on steroids. "This is a mockup of how virtual reality can be applied in the workplace," Nick Peck, a Bloomberg employee responsible for creating the software, told Quartz. "I really wanted to explore how virtual reality could solve one of the most basic problems we hear about: limited screen real estate." A virtual-reality Bloomberg terminal isn't the only practical application proposed by Oculus Rift users: earlier this year, the Norwegian Armed Services began testing whether the hardware could be used to drive tanks, on the supposition that off-the-shelf cameras and a headset built for virtual gaming could prove cheaper than custom-built military equipment.

Graculus (3653645) writes with news that, as threatened, cab drivers in several European cities mounted a protest against Uber today. From the article: "Uber Technologies Inc., the car-sharing service that's rankling cabbies across the U.S., is fighting its biggest protest yet from European drivers who say the smartphone application threatens their livelihoods. Traffic snarled in parts of Madrid and Paris today, with a total of more than 30,000 taxi and limo drivers from London to Berlin blocking tourist centers and shopping districts. They are asking regulators to apply tougher rules on San Francisco-based Uber, whose software allows customers to order a ride from drivers who don't need licenses that can cost 200,000 euros ($270,000) apiece." The Guardian covered the London protest, which ended peacefully 3 p.m..

Bloomberg reports that after Apple's patent victory in court last week over smart-phone rival Samsung, Apple is seeking a sales ban on several specific phones from Samsung; none of them are currently flagship devices. "The nine devices targeted by Cupertino, California-based Apple for a U.S. sales ban include the Admire, Galaxy Nexus, Galaxy Note, Galaxy Note 2, Galaxy S2, Galaxy S2 Epic 4G Touch, Galaxy S2 Skyrocket, Galaxy S3 and Stratosphere." Getting the competition blocked from the marketplace over patent claims is something that Apple's tried before in connection with its beef with Samsung, and the company has had mixed results, depending on jurisdiction. Last week's decision in favor of Apple hints that the jury didn't think the company deserved the entire $2.2 billion it was seeking, awarding (a mere) $120 million, instead.

AT&T is acquiring satellite TV provider DirecTV in a deal worth $48.5 billion. This will bring 20 million more U.S. television subscribers under AT&T's roof, making it the second biggest TV provider, behind Comcast. The deal is subject to regulatory approval, and to help that along, AT&T says it will sell its 8% stake in America Movil, which is a competitor to DirecTV in some areas. "By acquiring the country’s biggest satellite television operator, AT&T will help bolster its competitive position against Comcast. Though pay television is considered a mature market whose subscriber growth has slowed dramatically in recent years, the business nonetheless generates billions of dollars in cash. ... Part of the attraction may be DirecTV’s ample cash flow. While its business has shown little growth in recent years, it generated about $8 billion in earnings last year. Much of that will go toward future investments in growth, AT&T said, including bidding at least $9 billion for wireless network capacity that the government plans to auction off soon. By gaining satellite TV, AT&T may also be able to free up capacity on its existing broadband network."

An anonymous reader writes "We've all heard about iPhone users switching over to Android-powered phones and no longer being able to receive text messages from friends and family still using iPhones. Well, a woman with exactly this issue has filed a lawsuit against Apple, complaining that '[p]eople who replace their Apple devices with non-Apple wireless phones and tablets are "penalized and unable to obtain the full benefits of their wireless-service contracts."' To be specific, '[t]he suit is based on contractual interference and unfair competition laws.' She is seeking class action status and undetermined damages."

cartechboy writes: "Tesla seems to be doing quite well these days, but one bond trader thinks the company should quit making electric cars and focus efforts on making batteries instead. Bond manager Jeffrey Gundlach says he's already tried to meet with Elon Musk to persuade him to take the battery-only route. Speaking to Bloomberg, he said Tesla could be 'wildly transformational' in the same way electricity and electromagnets were at the advent of their discovery. Enough people are interested in Tesla's vehicles that Musk probably won't take Gundlach's advice. Should he?"

mdsolar (1045926) sends this news from Bloomberg: "The spread of polio to countries previously considered free of the crippling disease is a global health emergency, the World Health Organization said, as the virus once driven to the brink of extinction mounts a comeback. Pakistan, Cameroon and Syria pose the greatest risk of exporting the virus to other countries, and should ensure that residents have been vaccinated before they travel, the Geneva-based WHO said in a statement today after a meeting of its emergency committee. It's only the second time the United Nations agency has declared a public health emergency of international concern, after the 2009 influenza pandemic. Polio has resurged as military conflicts from Sudan to Pakistan disrupt vaccination campaigns, giving the virus a toehold. The number of cases reached a record low of 223 globally in 2012 and jumped to 417 last year, according to the WHO. There have been 74 cases this year, including 59 in Pakistan, during what is usually polio's 'low season,' the WHO said. "

cartechboy (2660665) writes "Do you still use a metal key to start your vehicle? We already knew this was old tech at this point, but now it might fully be killed off. In the wake of General Motors' 'Switchgate' fiasco, we've heard the CEO tell a Congressional committee that the recall may force GM to ditch ignition keys altogether in favor of push-button systems. If this became a reality, it would end decades of complaints from customers. Bloomberg approximates at least 18,000 complaints have been filed since NHTSA was formed in 1970, peaking at more than 2,000 in the year 2000. Those complaints resulted in roughly 21 million vehicles being recalled. The push-button ignition isn't perfect, but we know electrical trumps mechanical more often than not. Are you ready for an era where the ignition key doesn't exist?"

New submitter Raystonn (1463901) writes "Bloomberg has announced the release of Bitcoin support in their trading terminals, used worldwide by over 320,000 trading professionals. The market makers of the world will now have instant access to immediate Bitcoin prices on an industry-standard trading platform. This places the virtual currency before the eyes of the movers and shakers of most of the world's money supply as they decide where to invest their USD holdings."

Last September Microsoft announced it would be purchasing Nokia's Devices and Services business. The terms have been worked out, the shareholders gave approval, and the regulatory issues were hurdled. As of today, it's official: Nokia's phone business is now Microsoft Mobile. The final price is around $7.5 billion, and 30,000 employees are transferring to Microsoft. "The purchase of the unprofitable division makes Microsoft the world’s second-largest maker of mobile phones with about 14 percent of the market, according to researcher IDC." Here's Nokia's official statement, and a rather more personal one from an employee. According to The Verge, "Nokia's Android handsets are the most intriguing part of the deal, as they shed some light on how Microsoft might approach the messy and complex nature of shipping devices that don't run the company's Windows software. The Nokia X introduces a new "forked" version of Android that’s akin to what Amazon does with its Kindle Fire line, but it also includes a Windows Phone-like UI and an Android store that's separate to Google Play. Microsoft has the chance to control another app store, but also a solid opportunity to push its own cloud-based services." One interesting note: Nokia's phone manufacturing plant in India is not part of the deal because of an ongoing tax dispute. Nokia will continue to operate it as a contract manufacturing unit for Microsoft.