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Popular digital exchange Coinbase has announced support for Bitcoin Cash. "Bitcoin Cash was created by a fork on August 1st, 2017," a blog post reads. "All customers who held a Bitcoin balance on Coinbase at the time of the fork will now see an equal balance of Bitcoin Cash available in their Coinbase account. Your Bitcoin Cash balance will reflect your Bitcoin balance at the time of the Bitcoin Cash Fork, which occurred at 13:20 UTC, August 1, 2017."

The recent announcement has disrupted the markets. Bitcoin has dropped 12 percent, with the other two cryptocurrencies supported via Coinbase not faring too well either.

Update: Coinbase said Tuesday evening users wouldn't be able to buy and sell bitcoin cash four hours after it said trading of the cryptocurrency would be enabled on its platforms. Chief executive Brian Armstrong said the company is looking into whether employees tried to profit from advanced knowledge of the news.

An anonymous reader quotes Ars Technica: Bitcoin's price set a new record on Saturday as the virtual currency rose above $19,000 for the first time on the Bitstamp exchange. The gains came just hours after the currency crossed the $18,000 mark. Bitcoin's value has doubled over the last three weeks, and it's up more than 20-fold over the last year.

Bitcoin's value keeps rising despite a growing chorus of experts who say the currency value is an unsustainable bubble. One CNBC survey this week found that 80 percent of Wall Street economists and market strategists saw bitcoin's rise as a bubble, compared to just two percent who said the currency's value was justified. Another survey reported by The Wall Street Journal this week found that 51 out of 53 economists surveyed thought bitcoin's price was an unsustainable bubble.
Less than a month ago, Bitcoin was selling for $8,000.

The head of the US Securities and Exchange Commission has warned bitcoin and other cryptocurrency investors to beware of scams and criminal activity in the sector. In the financial regulator's strongest statement yet, SEC chair Jay Clayton said: "If a promoter guarantees returns, if an opportunity sounds too good to be true, or if you are pressured to act quickly, please exercise extreme caution and be aware of the risk that your investment may be lost." The warning comes at a time when many people have begun to take out mortgages to buy bitcoin. From a report: Clayton's statement was also issued the same day the SEC took regulatory action to halt an initial coin offering (ICO). "Recognize that these markets span national borders and that significant trading may occur on systems and platforms outside the United States. Your invested funds may quickly travel overseas without your knowledge," he wrote, in a sentence that was in bold. Clayton's statement referenced some of the crucial debates that have swirled around the rise and regulation of crypto-assets like bitcoins. Are these currencies? Commodities? Or securities? The statement notes in a footnote that bitcoin in the US has been designated a commodity. But the broader answer seems to be that while it depends from case to case, initial coin offerings, at least, are more likely to be scrutinized and held to the same bar as securities offerings.

Pirated video streams of televised National Football League games are widespread on Facebook and on Google's YouTube service, CNBC has found. From a report: Using technology from these internet giants, thousands of football fans were able to watch long segments of many contests free of charge during the league's Week 13 schedule of games last Thursday and Sunday. Dozens of these video streams, pirated from CBS and NBC broadcasts, featured ads from well-known national brands interspersed with game action. This online activity comes as the league struggles with declining ratings that have been blamed variously on player protests during the national anthem and revelations about former players suffering from a brain disease caused by concussions. Yet this illegal distribution of NFL content may also be crimping the league's viewer numbers.

An anonymous reader shares a report: Kevin O'Leary has invested hundreds of thousands of dollars in small businesses over the course of his tenure as a star and investor on ABC's "Shark Tank." But there is one business to which he refuses to fork over his hard-earned dollars: coffee shops. "Do I pay $2.50 for a coffee? Never, never, never do I do that," O'Leary tells CNBC Make It. "That is such a waste of money for something that costs 20 cents. I never buy a frape-latte-blah-blah-blah-woof-woof-woof for $2.50." Instead, he makes it at home. "I drink coffee, one cup every morning," he explains. "It costs about 18 cents to make it, and I invest the rest." That idea -- saving small sums and investing continually -- is central to O'Leary's personal finance advice. "The truth is, there is a lot of crap you don't need," he explains.

From a report on CNBC: Uber faced fresh allegations on Tuesday that it deliberately took steps to keep " unlawful schemes from seeing the light of day." Hours of testimony on Tuesday centered around a letter from a former Uber security analyst's attorney to an Uber lawyer. The former analyst, Richard Jacobs, said in the letter there was a directive for Uber employees to use disappearing chat apps like Wickr, and that Uber sent employees to Pittsburgh (where it's developing its autonomous vehicles) to "educate" them on how to prevent "Uber's unlawful schemes from seeing the light of day." He reportedly made other bombshell allegations in the letter, including that employees at Uber were trained to "impede" ongoing investigations, multiple media outlets reported.

An anonymous reader quotes CNBC: Bitcoin is getting a Black Friday boost. The digital currency climbed above $8,700 to a record high Saturday following increased investor interest around the U.S. Thanksgiving holiday and Black Friday shopping. Bitcoin rose more than 6 percent to a record high of $8,725.13, according to CoinDesk, trading around $8,674 midday on Saturday. [Bitcoin passed $8,000 for the first time just six days earlier]. Another digital currency, ethereum, also hit an all-time high of $485.18, according to CoinMarketCap [rising more than 50% from $300 as recently as mid-November]...

The largest bitcoin exchange in the U.S., Coinbase, added about 100,000 accounts between Wednesday and Friday -- just around Thursday's Thanksgiving holiday -- to a total of 13.1 million. That's according to public data available on Coinbase's website and historical records compiled by Alistair Milne, co-founder and chief investment officer of Altana Digital Currency Fund. Coinbase had about 4.9 million users last November, Milne's data showed... The world's largest futures exchange, CME, is planning to list bitcoin futures in the second week of December...another step in establishing bitcoin as a legitimate asset class.
UPDATE (9/26/17): Sunday the price of Bitcoin surged past $9,000 -- just one week after surging past $8,000.

Fidelity and Charles Schwab now allow traders to use "voice prints" to authorize stock transactions. But there's more to the story, argues long-time Slashdot reader maiden_taiwan: Fidelity Investments is touting its new security feature, MyVoice, which allows a customer to access his/her financial accounts by telephone without a password. "When you call Fidelity, you'll no longer have to enter PINs or passwords because Fidelity MyVoice helps you interact with us securely and more conveniently. Through natural conversation, MyVoice will detect and verify your voiceprint in the first few moments of the call... Fidelity MyVoice performs even if you have a cold, allergies, or a sore throat."

Based on my own experience, Fidelity now enables MyVoice automatically for its customers who call in for other reasons. Apparently, their conversation with Fidelity customer service provides enough data for MyVoice to recognize them. (Customers are informed afterward that MyVoice has been enabled, and they can opt out, although they aren't told that opting out is possible.)
It's not clear whether Fidelity is creating voice profiles of their customers without asking first. (Fidelity's site says only that their representatives will "offer" to enroll you the next time you call.) But the original submission ends with two more questions. "In an era where Apple's face recognition is easily defeated by family members, is voice recognition any more secure?"

And "Is a 'voiceprint' even possible?"

There is nothing that people want robots to be able to do more than to wash the dishes, according to Alphabet Chairman and former CEO Eric Schmidt. From a report: "When you ask a person what they would like a robot to do, the thing that they would like more than anyone else, is clean up the dishes in the kitchen," the billionaire Google executive says speaking at the Halifax International Security Forum. "That is literally the number one request. And I say this having done this exhaustively," he says. Though you may dream of a robot dishwasher, don't hold your breath for it to happen in the immediate future. "That turns out to be an extraordinarily difficult problem," says Schmidt.

Amazon Web Services on Monday introduced cloud service for the CIA and other members of the U.S. intelligence community. From a report: The launch of the so-called AWS Secret Region comes six years after AWS introduced GovCloud, its first data center region for public sector customers. AWS has since announced plans to expand GovCloud. The new Secret Region signals interest in using AWS from specific parts of the U.S. government. In 2013 news outlets reported on a $600 million contract between AWS and the CIA. That event singlehandledly helped Amazon in its effort to sign up large companies to use its cloud, whose core services have been available since 2006.

An anonymous reader quotes Yahoo Finance: The billionaire media mogul behind such popular sites as Expedia, Match.com and HomeAdvisor has a one-word forecast for traditional media conglomerates concerned about being replaced by tech giants: serfdom. "They, like everyone else, are kind of going to be serfs on the land of the large tech companies," IAC chairman Barry Diller said... That's because Google and Facebook not only have such massive user bases but also dominate online advertising. "Google and Facebook are consolidating," Diller said. "They are the only mass advertising mediums we have..." He expects Facebook, Google and maybe Amazon to face government regulation, simply because of their immense size. "At a certain point in size, you must," he said. "It's inevitable."

He did, however, outline one positive for Big Tech getting so gargantuan. Big Telecom no longer has the economic leverage to roll back today's net-neutrality norms, in which internet providers don't try to charge sites extra for access to their subscribers. "I think it's hard to overturn practically," he said. "It is the accepted system."
Even if the U.S. government takes moves to fight net neutrality, Diller told CNBC that "I think it is over... It is [the] practice of the world... You're still going to be able to push a button and publish to the world, without anybody in between asking you for tribute. I think that is now just the way things are done. I don't think it can be violated no matter what laws are back."

Soon after Tesla unveiled its new electric Semi Truck and Roadster 2.0, Walmart says it has preordered 15 of the trucks. The Verge notes that the deal was "likely in the works before Tesla unveiled its new truck to the public." From the report: The pilot is planned for the U.S. and Canada. Five of the preordered vehicles will be for Walmart's U.S. business, and 10 will be for its Canadian routes, the company said. Walmart's fleet has about 6,000 trucks. "We have a long history of testing new technology -- including alternative-fuel trucks -- and we are excited to be among the first to pilot this new heavy-duty electric vehicle," the company said in a statement. "We believe we can learn how this technology performs within our supply chain, as well as how it could help us meet some of our long-term sustainability goals, such as lowering emissions." Musk said the truck would enter production in 2019. JB Hunt Transport Services, a 56-year-old company based in Arkansas, also reserved "multiple" new Tesla trucks as well.

Rei writes: During a live reveal on Thursday, Tesla unveiled its new electric Class 8 Heavy Duty vehicle. As most people familiar with Tesla products would expect, the day cab truck features staggeringly fast acceleration for a vehicle of its size. It can accelerate 0-60 in 5 seconds without a trailer and 20 seconds with a 40-ton gross weight while being able to pull its maximum payload up a 5-degree grade at 65mph (versus a typical maximum of 45mph). The 500-mile range is for the vehicle at full load and highway speeds (80% of U.S. freight routes are 250 miles or less). Tesla also boasts a million mile no-breakdown guarantee; even losing two of its four motors it can out-accelerate a typical diesel truck. The total cost per mile is pegged at 83% of operating a diesel, but when convoying is utilized -- where multiple trucks mirror the action of a lead truck -- the costs drop to 57%, a price cheaper than rail. Tesla went a step further and stole the show from their own event by having the first prototype of the new Tesla Roadster drive out of the back of the truck. With the base model alone boasting a 620 mile range on a 200kWh battery pack with 10kN torque, providing a 1.9 second 0-60, 4.2 second 0-100, and 8.9 second quarter mile, the 2+2-seating convertible will easily be the fastest-accelerating production car in the world. Top speed is not disclosed, but said to be "at least 250mph." The vehicle's release date, however, is not scheduled until 2020.

An anonymous reader shares a report: Phone companies will have greater authority to block questionable calls from reaching customers as regulators adopted new rules to combat automated messages known as robocalls. Rules adopted Thursday by the Federal Communications Commission represent the latest tools against "robocalls," which pester consumers, sometimes multiple times each day, and often push scams. Phone companies can already block some calls that trick consumers by showing up on Caller ID with fake numbers. The new rules make clear that they can block additional calls that are likely scams, such as numbers that start with a 911 area code, or one that isn't currently assigned to anyone.

An anonymous reader shares a report: The Consumer Product Safety Commission recalled hoverboards from several companies over concerns the devices could catch fire or explode. The series of recalls affects roughly 16,000 hoverboards from brands including iHoverspeed, Sonic Smart Wheels, Tech Drift, iLive, Go Wheels, Drone Nerds, LayZ Board and Smart Balance Wheel. All the brands of self-balancing scooters share a common problem: lithium-ion batteries that could potentially overheat and cause a fire or explode. The agency is advising owners to stop using the hoverboards immediately and return them to the appropriate company for a replacement. Consumers can visit the CPSC website for details on the recalls and how to contact companies for replacements.

Google is facing a new front in its regulatory battles after Missouri's attorney general on Monday launched a broad investigation into whether the company's business practices violate the state's consumer-protection and antitrust laws. From a report: Attorney General Josh Hawley's office said on Monday that it issued a subpoena to investigate if Google's use of information that it collects about consumers is appropriate and if the company stifles competing websites in search results. Google has largely steered clear of antitrust problems in the U.S. That's not the case in Europe, where the company faces a fine of about $2.7 billion over the display of its shopping ads.

chicksdaddy quotes Security Ledger: North Korean hackers have stepped up their attacks on U.S. defense contractors in an apparent effort to gain intelligence on weapon systems and other assets that might be used against the country in an armed conflict with the United States and its allies, The Security Ledger is reporting. Security experts and defense industry personnel interviewed by The Security Ledger say that probes and attacks by hacking groups known to be associated with the government of the Democratic People's Republic of Korea (DPRK) have increased markedly as hostilities between that country and the United States have ratcheted up in the last year. The hacking attempts seem to be aimed at gaining access to intellectual property belonging to the companies, including weapons systems deployed on the Korean peninsula.

"As the situation between the DPRK and the US has become more tense, we've definitely seen an increase in number of probe attempts from cyber actors coming out of the DPRK," an official at an aerospace and defense firm told Security Ledger. The so-called "probes" were targeting the company's administrative network and included spear phishing attacks via email and other channels. The goal was to compromise computers on the corporate network... So far, the attacks have targeted "weakest links" within the firms, such as Human Resources personnel and general inquiry mailboxes, rather than targeting technical staff directly. However, experts who follow the DPRK's fast evolving cyber capabilities say that the country may have more up their sleeve.
CNBC also reports that America's congressional defense committees have authorized a last-minute request for $4 billion in extra spending for "urgent missile defeat and defense enhancements to counter the threat of North Korea."

Other countries newly interested in purchasing missile defense systems include Japan, Sweden, Poland, and Saudi Arabia.

"Equifax executives will forgo their 2017 bonuses," reports CNBC. But according to the New York Post, the company "hasn't lost any significant business customers... Equifax largely does business with banks and other financial institutions -- not with the people they collect information on."

Even though it's facing more than 240 class-action lawsuits, Equifax's revenue actually increased 3.8% from July to September, to a whopping $834.8 million, while their net income for that period was $96.3 million -- which is still more than the $87.5 million that the breach cost them, according to a new article shared by chicksdaddy: The disclosure, made as part of the company's quarterly filing with the US Securities and Exchange Commission, is the first public disclosure of the direct costs of the incident, which saw the company's stock price plunge by more than 30% and wiped out billions of dollars in value to shareholders. Around $55.5m of the $87.5m in breach-related costs stems from product costs â" mostly credit monitoring services that it is offering to affected individuals. Professional fees added up to another $17.1m for Equifax and consumer support costs totaled $14.9m, the company said. Equifax also said it has spent $27.3 million of pretax expenses stemming from the cost of investigating and remediating the hack to Equifax's internal network as well as legal and other professional expenses.

But the costs are likely to continue. Equifax is estimating costs of $56 million to $110 million in "contingent liability" in the form of free credit monitoring and identity theft protection to all U.S. consumers as a good will gesture. The costs provided by Equifax are an estimate of the expenses necessary to provide this service to those who have signed up or will sign up by the January 31, 2018 deadline. So far, however, the company has only incurred $4.7 million through the end of September. So, while the upper bound of those contingent liability costs is high, there's good reason to believe that they will never be reached.
The Post reports that some business customers "have delayed new contracts until Equifax proves that they've done enough to shore up their cybersecurity."

But in their regulatory filing Thursday, Equifax admitted that "We cannot assure that all potential causes of the incident have been identified and remediated and will not occur again."

Ride-hailing service Uber on Wednesday took a step forward in its plan to make autonomous "flying taxis" a reality, signing a contract with NASA to develop the software to manage them. From a report: Uber said at the Web Summit tech conference in Lisbon that it signed a Space Act Agreement with NASA for the development of "unmanned traffic management." This is NASA's push to figure out how unmanned aerial systems (UAS), such as drones that fly at a low altitude, can operate safely. Uber wants to make vertical take-off and landing vehicles. That will allow their flying cars to take off and land vertically. They will fly at a low altitude. This is the start-up's first partnership with a U.S. federal government agency. NASA is also working with other companies to develop traffic management for these low altitude vehicles. "UberAir will be performing far more flights on a daily basis than it has ever been done before. Doing this safely and efficiently is going to require a foundational change in airspace management technologies," Jeff Holden, chief product officer at Uber, said in a statement on Wednesday. "Combining Uber's software engineering expertise with NASA's decades of airspace experience to tackle this is a crucial step forward for Uber Elevate."

A reader shares a report: Bitcoin hit another all-time high Thursday morning, surpassing $7,000 for the first time. The cryptocurrency has had a bullish streak throughout the week following the CME's announcement that it will introduce bitcoin futures contracts. According to data from CoinDesk, the virtual currency reached an all-time high of $7,242.69 at about 7:08 a.m. ET. The jump in price saw the virtual coin rise by more than 7 percent on the day. A surge in the digital coin's value saw the total market value of all cryptocurrencies top $189 billion for the first time Thursday. The market cap of bitcoin alone is currently more than $121 billion, according to data from industry website Coinmarketcap.

An anonymous reader quotes a report from Ars Technica: On Monday, AMD's stock price plunged nearly 9 percent after a report by Morgan Stanley, a major investment bank, which found that "microprocessor momentum" has slowed. According to CNBC, a new report by analyst Joseph Moore found that "cryptocurrency mining driven sales for AMD's graphics chips will decline by 50 percent next year or a $250 million decline in revenue. He also forecasts video game console demand will decline by 5.5 percent in 2018." As per AMD's own SEC filings, the company lost over $2.8 billion from 2012 through 2016. However, new releases from AMD suggest that it may be on something of a resurgent track. As Ars reported last month, AMD's Ryzen and Threadripper processors re-established AMD's chips as competitive with Intel's.

Tesla has laid off over 200 employees from its SolarCity business for performance reasons, just over a week after firing hundreds more from its motor vehicle division. From a report: Employee dismissals at Tesla are continuing, according to six former and current employees, and have spread from its motor division to SolarCity offices across the U.S. Echoing reports from earlier this month, these SolarCity employees say they were surprised to be told they were fired for performance reasons, claiming Tesla had not conducted performance reviews since acquiring the solar energy business. Earlier this month, Tesla began firing hundreds of employees after it announced a recall of 11,000 Model X SUVs. Tesla had already announced plans to lay off 205 SolarCity employees at its Roseville, California, office by the end of October this year. However, SolarCity employees across the country have been fired in the last two weeks -- not just in California, but also in Nevada, Arizona, Utah and beyond, according to these employees.

A special-purpose chip for artificial intelligence and other tasks in Google's new Pixel smartphones draws on Intel technology. From a report: In addition to a Qualcomm Snapdragon 835 chip, the Google Pixel 2 and Pixel 2 XL both feature a new custom Pixel Visual Core co-processor, which is meant to improve speed and battery life when shooting photos with Google's HDR+ technology, and better handle AI workloads in apps, Google has said. But the company didn't disclose details about its partners on the chip. Then, last week, device repair website iFixit published a teardown of the Pixel 2 XL that showed what the Pixel Visual Core chip actually looks like. The serial number on the chip in a photograph begins with "SR3," like some Intel chips. Google confirmed the connection. "Google built Pixel Visual Core with Intel," the Google spokesperson wrote in an email to CNBC. "Pixel Visual Core is a custom designed processor from Google, built to serve specific computational photography requirements that could not be met by existing chips."

AmiMoJo writes: Suidobashi Heavy Industries and MegaBots agreed to test their piloted giant robots in combat a few years back, and the content is finally available on YouTube. It ended in a draw, with Japan decisively winning the first bout with a single punch and the US team winning the second thanks to a chainsaw weapon. There have been some complaints that the whole event felt scripted, but it's early days yet. ITMedia has a nice gallery of photos from the event. "The MegaBots team expressed hope for a formal fighting robot league in the future," reports CNBC.

There may be only a few hundred Tesla Model 3s on the street, but Consumer Reports already has an opinion on the new car's dependability. From a report: "We are predicting that the Model 3 should have about average reliability," said Jake Fisher, director of auto testing for Consumer Reports. Average may irritate Tesla fans and the nearly 500,000 people who have reserved a Model 3, but Fisher believes people should understand what Consumer Reports expects from the new car. "We don't go around recommending that people buy cars that are below average, so if it is average or better, that is not a bad thing at all," said Fisher. "But let's be very clear, we are not giving it super high marks. We are saying it is basically par for the course." Consumer Reports has yet to buy a Model 3 and put it through a battery of tests, as the magazine does for dozens of vehicles. In addition, so few Model 3 cars have been delivered that Fisher and his team have yet to get a sense of how owners feel about their new Tesla.

An anonymous reader shares a report: The next big function to take off on Amazon's Echo devices will be voice or video calling -- which is a way Alexa can reduce the need to have your smartphone on your at all times, said Rohit Prasad, VP and Head Scientist at Alexa Machine Learning. "If you have not played with calling and the video calls on Echo Show, you should try it because that is revolutionizing how you can communicate," Prasad said in an exclusive interview with CNBC at an Alexa Accelerator event in Seattle Tuesday night. (The event is dedicating to developing new voice-powered technologies.) "When you can drop in on people who have given you access -- so I can drop in and call my mom in her kitchen without her picking any device -- it's just awesome." (Amazon added the ability to call mobile numbers and landlines for free onto Echo devices a few weeks ago.) Amazon doesn't have a smartphone that lets customers bring a digital assistant everywhere -- like Apple's Siri and Google's Assistant -- and communicating through Alexa devices is one way of reducing the need for a personal handset, Prasad said "I can easily drop in and talk to my kids," Prasad says. "They don't have a smartphone so that's my easiest way to talk to them. It's yet another area where Alexa is taking the friction away."

New submitter joshtops shares a CNBC report: Tesla is trying to disguise layoffs by calling the widespread terminations performance related, allege several current and former employees. On Friday, the San Jose Mercury News first reported that Tesla had dismissed an estimated 400 to 700 employees. That number represents between 1 and 2 percent of its entire workforce. But one former employee, citing internal information shared by a manager, said the total number fired is higher than 700 at this point. Most of the people let go from Tesla so far have been from its motors business, said people familiar with the matter. They were not from other initiatives like Tesla Powerwall, which is helping restore electricity to the residents of Puerto Rico now. The mass firings, which affected Tesla employees across the U.S., had begun by the weekend of Oct. 7 and continued even after the initial news report, sources said. Among those whose jobs were terminated in this phase, some were given severance packages quickly while others are still waiting on separation agreements. Some terminated employees told CNBC they were informed via email or a phone call "without warning," and told not to come into work the next day. The company also dismissed other employees without specifying a given performance issue, according to these people. "Seems like performance has nothing to do with it," one Tesla employee told CNBC under the condition of anonymity. "Those terminated were generally the highest paid in their position," this person said, suggesting that the firings were driven by cost-cutting. That assessment was echoed by several others, including three employees fired from Tesla during this latest wave.

dryriver writes: China launched a space laboratory named Tiangong 1 into orbit in 2011. The space laboratory was supposed to become a symbol of China's ambitious bid to become a space superpower. After two years in space, Tiangong 1 started experiencing technical failure. Last year Chinese officials confirmed that the space laboratory had to be scrapped. The 8.5 ton heavy space laboratory has begun its descent towards Earth and is expected to crash back to Earth within the next few months.

Most of the laboratory is expected to burn up in earth's atmosphere, but experts believe that pieces as heavy as 100 kilograms (220 pounds) may survive re-entry and impact earth's surface. Nobody will be able to predict with any precision where those chunks of space laboratory will land on Earth until a few hours before re-entry occurs. The chance that anyone would be harmed by Tiangong-1's debris is considered unlikely.

When NASA's SkyLab fell to earth in 1979, an Australian town fined them $400 -- for littering.

Microsoft's campus now features three outdoor treehouses for its employees. An anonymous reader quotes CNBC: More than 12 feet off the ground, the treehouses feature charred-wood walls, skylights, at least one gas fireplace, Wi-Fi and hidden electrical outlets. Employees can even grab a bite at an outdoor extension of the indoor cafeteria. The "more Hobbit than HQ" treehouses are designed by Pete Nelson of the TV show "Treehouse Masters" and are part of Microsoft's growing "outdoor districts..." The company touts the professional benefits of working in nature -- greater creativity, focus and happiness -- but honestly, the treehouses are just plain cool.
Microsoft touts a Harvard physician who believes nature "stimulates reward neurons in your brain. It turns off the stress response, which means you have lower cortisol levels, lower heart rate and blood pressure, and improved immune response." There's a short video on the "Working at Microsoft" channel on YouTube, but I'm curious what Slashdot readers think about working outdoors. Or, in a tree...

Apple CEO Tim Cook says it is more important to learn how to code than it is to learn English as a second language. From a report: The tech executive made the remarks to French outlet Konbini while in the country for a meeting with French President Emmanuel Macron, who has called for tech companies to pay higher taxes in Europe. "If I were a French student and I were 10 years old, I think it would be more important for me to learn coding than English. I'm not telling people not to learn English in some form -- but I think you understand what I am saying is that this is a language that you can [use to] express yourself to 7 billion people in the world," Cook tells Konbini. "I think that coding should be required in every public school in the world. [...] It's the language that everyone needs, and not just for the computer scientists. It's for all of us."

An anonymous reader shares a report: Richard Branson's Virgin Group is investing in Hyperloop One, a company developing the super-fast transport system originally conceptualized up by Elon Musk. Hypleroop One is re-branding itself as Virgin Hyperloop One, and Branson is joining the board, the billionaire British investor and entrepreneur announced Thursday on CNBC from London. Virgin Hyperloop One will focus on a passenger and mixed-use cargo service. Last month, Hypleroop One raised $85 million in new funding, and that includes the investment from Virgin. Branson refused to breakout the numbers. Breaking ground on a commercial hyperloop in two to four years is possible if "governments move quickly," Branson said in a "Squawk Box" interview. So far, no government has approved a plan for a hyperloop system. The Virgin founder also said that building a hyperloop tube above or below ground is "cheaper" and "faster" than a traditional rail network. The idea of the transport system -- conceived in 2013 by Musk, the head of both electric automaker Tesla and SpaceX -- works by propelling pods through tubes using magnets reaching speeds akin to those of airplanes.

According to CNBC, Amazon is working with Phrame, a maker of smart license plates that allow items to be delivered to a car's trunk, to build a smart doorbell that would give delivery drivers one-time access to a person's home to drop off items. From the report: Phrame's product fits around a license plate and contains a secure box that holds the keys to the car. Users unlock the box with their smartphone, and can grant access to others -- such as delivery drivers -- remotely. The new initiatives are part of Amazon's effort to go beyond convenience and fix problems associated with unattended delivery. As more consumers shop online and have their packages shipped to their homes, valuable items are often left unattended for hours. Web retailers are dealing with products getting damaged by bad weather as well as the rise of so-called porch pirates, who steal items from doorsteps. Amazon also has an incentive to reduce the number of lost packages, as they can be costly.

An anonymous reader writes: Tesla's electric semi-truck will be launched three weeks later than planned, CNN reports. It's been bumped to November 16th because Tesla says it's "diverting resources" to address problems with its Model 3 sedan production -- they've produced just 17.3% of the cars they'd planned -- and to make more batteries to send to areas hit by hurricanes. CNN notes Tesla's Model X "didn't start shipping until two years after it was supposed to roll out," and production of its Model S sedan "was also much slower than originally promised." Michelle Krebs, an analyst with Autotrader.com, complains Tesla "may well have far too much on its plate. It should focus and deliver on some key promises."

But Elon Musk "has a history of some pretty pie-in-the-sky promises," complained CNN business anchor Maggie Lake, citing Musk's claim that he had verbal approval for an underground hyperloop connecting New York City to Washington D.C. ("This is news to City Hall," said New York's press secretary at the time, and no actual approval has ever been produced.) Lake also noted Musk's promise to fix South Australia's blackout problems by building the world's largest lithium-ion battery within 100 days back in March. Last Friday Tesla signed a contract to begin the work, so the 100-day countdown has begun.
CNN's report ran under the headline "Elon Musk: Big Dreamer or Monorail Salesman?" -- referencing a satirical 1993 episode of The Simpson's. "Here's a spoiler alert," the segment concludes. "If you haven't seen that episode...the monorail plan doesn't work out too well. Let's put it that way."

An anonymous reader quotes a report from Bloomberg: Amazon.com Inc. is almost certain to enter the business of selling prescription drugs by 2019, said two analysts at Leerink Partners, posing a direct threat to the U.S.'s biggest brick-and-mortar drugstore chains. "It's a matter of when, not if," Leerink Partners analyst David Larsen said in a report to clients late Thursday. "We expect an announcement within the next 1-2 years." Amazon has a long standing interest in prescription drugs, an industry with multiple middlemen, long supply chains and opaque pricing. In the 1990s, it invested in startup Drugstore.com and Amazon Chief Executive Officer Jeff Bezos sat on the board. Walgreens eventually purchased the site and shuttered it last year to focus on its own branded website Walgreens.com. Leerink's calls with industry experts suggest that Amazon "is in active discussions" with mid-size pharmacy benefit managers and possibly larger player such as Prime Therapeutics, Larsen's colleague, Ana Gupte, wrote in a separate report Friday. On Friday, CNBC reported that Amazon could make a decision about selling prescription drugs online before Thanksgiving.

LinkedIn co-founder Reid Hoffman joined other tech moguls in voicing concern about artificial intelligence on Wednesday. From a report: "It has great potential, but we need to steer carefully," Hoffman said on Halftime Report. Hoffman stressed corporate transparency when asked what happens if companies use AI to attack nation-states. The possibility of manipulating how people consume information remains an unanswered question. During last year's U.S. presidential election, Facebook advertisements linked to Russia mainly focused on the states of Michigan and Wisconsin, and Hoffman says information battles are "in the very early days." AI must be improved, Hoffman says, to "[hold] corporations accountable" when nation-states are using the technology to attack. "Corporations normally deal with other corporations, not with governments," Hoffman said. The "ultimate" solution, he says, is "having more kinds of functions and features within AI that show abhorrent patterns." That way patterns raise a red flag for humans to investigate, Hoffman noted.

An anonymous reader quotes a report from CNBC: Richard Smith, CEO and chairman of Equifax, abruptly retired Tuesday following a data breach at the credit-reporting service that affected the personal information of 143 million people. Smith, who was 57 as of the company's proxy statement in March, became CEO and chairman in 2005 after 22 years at General Electric in senior roles in various divisions. He is to appear at a hearing of the Senate Banking Committee on Oct. 4 and is the only person scheduled to testify. He is also scheduled to testify next week at a hearing of the House Energy and Commerce Committee. Smith's salary for 2016 was $1.45 million and his bonus was $3.045 million. In a regulatory filing on Tuesday, the company said Smith will not get a bonus for this year and any other decisions regarding how his departure has been characterized or how much the company owes him will be deferred until the board completes an independent review of the breach and the response to it. In a separate report, CNBC notes that Smith could walk away with at least $18.4 million in pension benefits. The company is looking for a new CEO, naming its Asia-Pacific head to take on the interim CEO role.

An anonymous reader quotes a report from CNBC: Richard Smith, CEO and chairman of Equifax, abruptly retired Tuesday following a data breach at the credit-reporting service that affected the personal information of 143 million people. Smith, who was 57 as of the company's proxy statement in March, became CEO and chairman in 2005 after 22 years at General Electric in senior roles in various divisions. He is to appear at a hearing of the Senate Banking Committee on Oct. 4 and is the only person scheduled to testify. He is also scheduled to testify next week at a hearing of the House Energy and Commerce Committee. Smith's salary for 2016 was $1.45 million and his bonus was $3.045 million. In a regulatory filing on Tuesday, the company said Smith will not get a bonus for this year and any other decisions regarding how his departure has been characterized or how much the company owes him will be deferred until the board completes an independent review of the breach and the response to it. In a separate report, CNBC notes that Smith could walk away with at least $18.4 million in pension benefits. The company is looking for a new CEO, naming its Asia-Pacific head to take on the interim CEO role.

An anonymous reader quotes a report from CNBC: Instagram said Monday that it's added another 100 million monthly users. That brings the photo-sharing app to 800 million monthly active users, up from 700 million in April, according to Carolyn Everson, vice president of global marketing solutions at Facebook, who spoke at an Advertising Week event in New York City. Five hundred million of those are daily active users, the company said. That means that Instagram is still ahead of rival Snap in terms of users, based on Snap's last report. Snap said in August that it had 173 million daily active users. Time spent watching video on Instagram is up more than 80 percent year over year, the company also said on Monday, and four times as many videos are being produced every day on Instagram compared with a year ago.

An anonymous reader quotes a report from CNBC: Tesla is getting closer to having its own chip for handling autonomous driving tasks in its cars. The carmaker has received back samples of the first implementation of its processor and is now running tests on it, said a source familiar with the matter. The effort to build its own chip is in line with Tesla's push to be vertically integrated and decrease reliance on other companies. But Tesla isn't completely going it alone in chip development, according to the source, and will build on top of AMD intellectual property. On Wednesday Sanjay Jha, CEO of AMD spin-off GlobalFoundries, said at the company's technology conference in Santa Clara, California, that the company is working directly with Tesla. GlobalFoundries, which fabricates chips, has a wafer supply agreement in place with AMD through 2020. Tesla's silicon project is bounding ahead under the leadership of longtime chip architect Jim Keller, the head of Autopilot hardware and software since the departure of Apple veteran Chris Lattner in June. Keller, 57, joined Tesla in early 2016 following two stints at AMD and one at Apple. Keller arrived at Apple in 2008 through its acquisition of Palo Alto Semiconductor and was the designer of Apple's A4 and A5 iPhone chips, among other things. More than 50 people are working on the initiative under Keller, the source said. Tesla has brought on several AMD veterans after hiring Keller, including director Ganesh Venkataramanan, principal hardware engineer Bill McGee and system circuit design lead Dan Bailey.

Slashdot reader whh3 brings surprising news from the Wall Street Journal. "Trump administration officials said Saturday the U.S. wouldn't pull out of the Paris Agreement, offering to re-engage in the international deal to fight climate change, according to multiple officials at a global warming summit." Today an anonymous reader writes: Even an official White House statement in response to the article insisted only that the U.S. would withdraw "unless we can re-enter on terms that are more favorable to our country." On Sunday White House National Security Adviser H.R. McMaster "said President Donald Trump could decide to keep the U.S. in the Paris Climate Accord if there is a better agreement that benefits the American people," according to ABC News, while CNBC reports that Secretary of State Rex Tillerson also "said the United States could remain in the Paris climate accord under the right conditions. 'The president said he is open to finding those conditions where we can remain engaged with others on what we all agree is still a challenging issue.'"

Bitcoin dropped below $3,000 on Friday as the cryptocurrency extended a brutal eight-day sell-off that has reduced its value against the dollar by a third. Financial Times reports: The currency traded as low as $2,972, marking a 36 per cent fall from bitcoin's close on September 7, and a collapse of 40 per cent from the highs struck earlier this month. The latest bout of selling came after BTCChina, one of the country's biggest bitcoin exchanges, said it would halt trading at the end of the month. Focus has now shifted to the communist country's other two big exchanges: OKCoin and Huobi. Alternative source.

China's clampdown on cryptocurrencies has reportedly taken a new direction -- to close down local bitcoin exchanges. From a report: Initial reports from Chinese media that the government plans to close down domestic cryptocurrency exchanges have seen the virtual coin shed more than $100 since Friday. Bloomberg and the Wall Street Journal also reported Monday that that the country is planning to shut down digital currency exchanges. Bitcoin sunk to a low of $4,241 in late trading in the U.K. Friday, and reached a low of $4,108 on Monday, according to Coindesk data. It climbed to a record high of $5,000 dollars a little over a week ago, and has shot up by nearly 350 percent since the start of the year. The latest reported crackdown follows a decision by Chinese regulators -- including the People's Bank of China (PBOC) -- to ban initial coin offerings (ICOs). ICOs are a means of raising funds by selling off new digital tokens. A crackdown on ICOs would not affect the original cryptocurrency directly, but bitcoin still dropped more than $1,000 over a period of three days. China's latest move to shut down local exchanges would mark a new direction for the country in its efforts to regulate the market.

ugen shares a report from CNBC: Artificial Intelligence (AI) can now accurately identify a person's sexual orientation by analyzing photos of their face, according to new research. The Stanford University study, which is set to be published in the Journal of Personality and Social Psychology and was first reported in The Economist, found that machines had a far superior "gaydar" when compared to humans. Slashdot reader randomlygeneratename adds: Researchers built classifiers trained on photos from dating websites to predict the sexual orientation of users. The best classifier used logistic regression over features extracted from a VGG-Face conv-net. The latter was done to prevent overfitting to background, non-facial information. Classical facial feature extraction also worked with a slight drop in accuracy. From multiple photos, they achieved an accuracy of 91% for men and 83% for women (and 81% / 71% for a single photo). Humans were only able to get 61% and 54%, respectively. One caveat is the paper mentions it only used Caucasian faces. The paper went on to discuss how this capability can be an invasion of privacy, and conjectured that other types of personal information might be detectable from photos. The source paper can be found here.

According to a Taiwanese news outlet called Commercial Times, Google is in the final stages of acquiring all or part of smartphone maker HTC. CNBC reports: The report seems fishy, since Google has already been down this road, but there's a reason why Google might be interested in HTC. The Taiwanese company builds the Google Pixel, which means it could be a good fit for Google as it continues to cater to consumers with its "Pixel" smartphone brand. Here's where it sounds off base: Google acquired Motorola Mobility and then sold it off just a couple of years later. Why repeat that move? Commercial Times said HTC's poor financial position and Google's desire to "perfect [the] integration of software, content, hardware, network, cloud, [and] AI," is the driving force behind Google's interest. The news outlet said Google may make a "strategic investment" or "buy HTC's smartphone R&D team" which suggests that the VR team would exist as its own.

Disney CEO Bob Iger announced on Thursday that his company will pull the full catalog of films from the Star Wars franchise and Marvel universe from Netflix after 2019. Last month, Disney announced it would be pulling a number of Disney titles from the Netflix catalog, but left the door open to keeping the Star Wars franchise and Marvel films. That door has since been slammed shut, "choosing instead to use movies like Iron Man, Captain America, and the forthcoming Star Wars: Episode IX as a draw to a new Disney-owned streaming service," reports Ars Technica. From the report: It's not clear exactly which films are affected by Iger's announcement. A Netflix spokesperson told The Verge last month that "we continue to do business with the Walt Disney Company on many fronts, including our ongoing deal with Marvel TV." That refers to a collaboration between Disney and Netflix to produce several live-action television series based on lesser-known Marvel characters Daredevil, Jessica Jones, Iron Fist, and Luke Cage. Some of those series are still being actively developed. It's a high-risk gamble for Disney. It makes sense for Disney to bring its best-known franchises back under its own roof to give the Disney streaming service the best possible chance of success. But Disney is leaving a lot of money on the table by not doing a deal with Netflix or one of its competitors. It could be an expensive mistake if the Disney streaming service doesn't get traction.

Equifax, which supplies credit information and other information services, said Thursday that a cybersecurity incident discovered on July 29 could have potentially affected 143 million consumers in the U.S. "The leaked data includes names, birth dates, social security numbers, addresses and potentially drivers licenses," reports CNBC. "209,000 U.S. credit card numbers were also obtained, in addition to 'certain dispute documents with personal identifying information for approximately 182,000 U.S. consumers."

Chairman and Chief Executive Officer, Richard F. Smith said in a statement: "This is clearly a disappointing event for our company, and one that strikes at the heart of who we are and what we do. I apologize to consumers and our business customers for the concern and frustration this causes. We pride ourselves on being a leader in managing and protecting data, and we are conducting a thorough review of our overall security operations. We also are focused on consumer protection and have developed a comprehensive portfolio of services to support all U.S. consumers, regardless of whether they were impacted by this incident." Equifax is now alerting customers whose information was included in the breach via mail, and is working with state and federal authorities.

UPDATE (9/7/17): According to Bloomberg, "three Equifax senior executives sold shares worth almost $1.8 million" in the days after the company discovered the security breach. Regulatory filings show that three days after the breach was discovered on July 29th, Chief Financial Officer John Gamble sold shares worth $946,374 and Joseph Loughran, president of U.S. information solutions, exercised options to dispose of stock worth $584,099." Meanwhile, "Rodolfo Ploder, president of workforce solutions, sold $250,458 of stock on Aug. 2."

Eugene Kim, reporting for CNBC: Shortly before Amazon Prime Day in July, the owner of the Brushes4Less store on Amazon's marketplace received a suspension notice for his best-selling product, a toothbrush head replacement. The email that landed in his inbox said the product was being delisted from the site because of an intellectual property violation. In order to resolve the matter and get the product reinstated, the owner would have to contact the law firm that filed the complaint. But there was one problem: the firm didn't exist. Brushes4Less was given the contact information for an entity named Wesley & McCain in Pittsburgh. The website wesleymccain.com has profiles for five lawyers. A Google image search shows that all five actually work for the law firm Brydon, Swearengen & England in Jefferson City, Missouri. The phone number for Wesley & McCain doesn't work while the address belongs to a firm in Pittsburgh called Robb Leonard Mulvihill. The person who supposedly filed the complaint is not registered to practice law in Pennsylvania. One section on Wesley & McCain's site stole language from the website of the Colby Law Office. The owner of Brushes4Less agreed to tell his story to CNBC but asked that we not use his name out of concern for his privacy. As far as he can tell, and based on what CNBC could confirm, Amazon was duped into shutting down the seller's key product days before the site's busiest shopping event ever.

According to the results of a Gallup poll released mid-August, most employed U.S. adults aren't too worried about technology eliminating their jobs. Only 13 percent of Americans are fearful that tech will eradicate their work opportunities in the near future, according to the poll. Workers are relatively more concerned about immediate issues like wages and benefits. CNBC reports: This corresponds with another recent Gallup survey finding that about one in eight workers, or 13 percent of Americans, also believe it's likely they will lose their jobs due to new technology, automation, robots or AI in the next five years. While the survey reflects a generally confident American workforce, Monster career expert Vicki Salemi tells CNBC Make It that people should not become complacent.

"Employees need to think of themselves as replaceable in a way that propels them into action," Salemi says, "so they can focus on continuously learning and sharpening their skills." In the meantime, Americans can look to what the tech giants are saying. On the contrary, Salemi emphasizes that Americans shouldn't be paranoid and lose sleep every night. Rather, they should think about AI "from a place of power." "If your job does start to get automated, you'll already have a game plan and solid skill set to back you up for your next career move," she says. If you find yourself in the 13 percent of Americans worried about losing their jobs to robots, Salemi says you can "robot-proof" your job through networking. "Always be on top of your game, she says. "If your industry is becoming more digitally focused, get schooled on specific skills. Instead of being lax about your career, always stay ahead of the curve, keep your resume in circulation, ask yourself where the industry is headed and most importantly where you and your skills fit in."

Regulators are about to begin scrutinizing China's initial coin offerings -- an industry worth hundreds of millions of dollars. From a report: Local outlet Caixin reported that a notice, issued by a working committee that oversees risk in the country's internet finance sector, said new projects raising cash or other virtual currencies through cryptocurrencies will be banned. It added that authorities will crack down on related fraudulent practices. The document defined initial coin offerings (ICOs) as an unauthorized fundraising tool that may involve financial scams, the Caixin report noted. The committee provided a list of 60 major ICO platforms for local financial regulatory bodies to inspect. Seven government administrations including the People's Bank of China, China Securities Regulatory Commission, China Banking Regulatory Commission and China Insurance Regulatory Commission issued a joint statement where they reiterated that ICOs are unauthorized illegal fund raising activity. The statement said authorities are banning all organizations and individuals from raising funds through ICO activities and that all banks and financial institutions should not do any business related to ICO trading.

Facebook doesn't only know what its 2 billion users "Like." It now knows where 7.5 billion humans live, everywhere on earth, to within 15 feet. From a report: The company has created a data map of the planet's entire human population by combining government census numbers with information it's obtained from space satellites, according to Janna Lewis, Facebook's head of strategic innovation partnerships and sourcing. The mapping technology, which Facebook says it developed itself, can pinpoint any man-made structures in any country on earth to a resolution of five meters. Facebook is using the data to understand the precise distribution of humans around the planet.