Domain: fortune.com
Stories and comments across the archive that link to fortune.com.
Stories · 422
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SpaceX Plan To Fuel Rockets With People Aboard Raises Alarm Bells (fortune.com)
Several space industry experts that advise NASA have told the US space agency there are safety risks in a proposal by Elon Musk's SpaceX to fuel its rockets while astronauts are on board. From a report on Fortune: "This is a hazardous operation," Space Station Advisory Committee Chairman Thomas Stafford, a former NASA astronaut and retired Air Force general, said during a conference call on Monday. Stafford said the group's concerns were heightened after an explosion of an unmanned SpaceX rocket while it was being fueled on Sept. 1. The causes of that explosion are still under investigation. Members of the eight-member group, which includes veterans of NASA's Gemini, Apollo and space shuttle programs noted that all previous rockets that have flown people into space were fueled before astronauts got to the launch pad. "It was unanimous ... Everybody there, and particularly the people who had experience over the years, said nobody is ever near the pad when they fuel a booster," Stafford said, referring to an earlier briefing the group had about SpaceX's proposed fueling procedure. -
Serious Hacks Possible Through Inaudible Ultrasound (newscientist.com)
An anonymous reader writes: "High-frequency audio 'beacons' are embedded into TV commercials or browser ads," reports New Scientist. "These sounds, which are inaudible to the human ear, can be picked up by any nearby device that has a microphone and can then activate certain functions on that device...Some shopping reward apps, such as Shopkick, already use it to let retailers push department or aisle-specific ads and promotions to customers' phones as they shop."
But now Fortune reports that some apps "often actively listen for ultrasound signals, even when the app itself is closed, creating a new and relatively poorly-understood pathway for hacking." In addition, security researchers "have already found ways to mine cloaked IP addresses. Speaking to New Scientist, team member Vasilios Mavroudis suggests that an app's always-on microphone access could be leveraged to monitor conversations (and, if you're not paranoid already, to decipher what you're typing). The 'beacons' that transmit ultrasound data can also be spoofed to manipulate apps' user data." -
Microsoft Unveils Windows 10 Creators Update, Coming in Early 2017 (fortune.com)
Microsoft today announced Creators Update for Windows 10. The company said Creators Update will release with a slew of new features at no charge in early 2017. From a report on Fortune: The Windows 10 Creators Update lets users on mobile devices take three-dimensional photos by scanning an object as they walk around it. It also allows for 3D graphics in Microsoft's popular PowerPoint presentation software, and a new "Paint 3D" application lets people edit photos and other designs in three dimensions. Terry Myerson, Microsoft's executive vice president for the Windows and devices group, said the update was tailored for gamers who are increasingly interested in augmented and virtual reality experiences. "Windows 10 will be your platform for gaming glory," he said at a product launch event in New York. -
Who Should We Blame For Friday's DDOS Attack? (fortune.com)
"Wondering which IoT device types are part of the Mirai botnet causing trouble today? Brian Krebs has the list," tweeted Trend Micro's Eric Skinner Friday, sharing an early October link which identifies Panasonic, Samsung and Xerox printers, and lesser known makers of routers and cameras. An anonymous reader quotes Fortune: Part of the responsibility should also lie with lawmakers and regulators, who have failed to create a safety system to account for the Internet-of-Things era we are now living in. Finally, it's time for consumers to acknowledge they have a role in the attack too. By failing to secure the internet-connected devices, they are endangering not just themselves but the rest of the Internet as well.
If you're worried, Motherboard is pointing people to an online scanning tool from BullGuard (a U.K. anti-virus firm) which checks whether devices on your home network are listed in the Shodan search engine for unsecured IoT devices. But earlier this month, Brian Krebs pointed out the situation is exacerbated by the failure of many ISPs to implement the BCP38 security standard to filter spoofed traffic, "allowing systems on their networks to be leveraged in large-scale DDoS attacks..." -
Germany Tells Tesla To Not Advertise Autopilot Feature, Fears Drivers Will Become Less Attentive (fortune.com)
German Transport Minister Alexander Dobrindt has asked Tesla to stop advertising its electric vehicles as having an Autopilot function, as this might suggest drivers' attention is not needed, his ministry said on Sunday. Reuters reports: A spokeswoman for the ministry, confirming a report in the daily Bild am Sonntag (BamS), said the Federal Motor Transport Authority (KBA) had written to Tesla to make the request. "It can be confirmed that a letter to Tesla exists with the request to no longer use the misleading term Autopilot for the driver assistance system of the car," she said in a written response to a Reuters' query. -
Silicon Valley Big Data Startup Palantir Responds To Labor Department's Discrimination Lawsuit (fortune.com)
Silicon Valley's big data startup Palantir, founded by tech billionaire Peter Thiel, has filed a response to the Department of Labor after the agency sued the company for discriminating against Asian job applicants. From a Fortune report: Palantir says that no discrimination took place and that the Labor Department's statistical analysis -- the basis for the recent suit -- is faulty. The suit, according to Palantir's 15-page response, wrongly suggests that the company "should have hired a workforce that matched the racial composition of the group of individuals whose resumes Palantir received, without regard to candidate qualifications." Palantir's response also points out that the suit addressed only three out of 44 job titles for which Palantir hired employees within the 18-month analysis period conducted by the Labor Department. What's more, says the response, 36% of those eventually hired across all the job openings within that timeframe were Asian -- a rate that exceeds the percentage of qualified Asian employees in the external labor market, according to stats from the U.S. Equal Employment Opportunity Commission. -
Melinda Gates Was Encouraged To Use an Apple and BASIC. Her Daughters Were Not. (huffingtonpost.com)
Long-time Slashdot reader theodp writes: In August, Melinda Gates penned Computers Are For Girls, Too, in which she lamented that her daughters "are half as likely to major in computer science as I was 30 years ago." So, what's changed in the last 30 years? Well, at last week's DreamForce Conference, Gates credited access to Apple computers at school and home for sparking her own interest in computer science [YouTube], leading to a career at Microsoft.
So, as she seeks ways to encourage more women to get into tech, Melinda may want to consider the effects of denying her own children access to Apple products [2010 interview] and of Microsoft [in 1984] stopping computers from shipping with a beginner's programming language (a 14-year-old Melinda reportedly cut her coding teeth on BASIC).
Melinda can raise her kids however she wants -- maybe her kids will just start programming with the Ubuntu that's shipping with Windows 10. But is it a problem that there's no beginner's programming language currently shipping with Macs? Over the years Macs have shipped with Perl, Python, Ruby, tcl, and a Unix shell. Do you think Apple could encourage young programmers more by also shipping their Macs with BASIC? -
How Tech Companies Are Responding To Hurricane Matthew (vice.com)
South Carolina was hit by Hurricane Matthew at 11 a.m. EST, after the hurricane killed at least 300 people in Haiti (with Reuters estimating Haiti's death toll over 800). But as the U.S. declares a state of emergency for Florida, Georgia, South Carolina and North Carolina, and with the power out for more than a million people, an anonymous Slashdot reader looks at the role tech companies are playing in responding to the storm system: AirBNB "has been advertising free rooms in parts of Florida and South Carolina" reports Motherboard. AirBNB's Disaster Reponse Tool connects people needing shelter with volunteers who are offering their residences for free. Meanwhile, Uber promised to cap its "surge pricing" for the area, while Lyft promised its fares would rise no more than two times their normal rate.
But many escaped the path of the hurricane thanks to Shofur, a startup that books chartered buses and matches riders to low-cost tickets, according to the Daily Dot. "Through Thursday night and into the early morning hours of Friday, Shofur evacuated an estimated 10,000 Floridians and Georgians to areas such as Atlanta, Florida's west coast, and the panhandle."
NASA is also flying a huge 15,000-pound drone over the area to collect real-time weather data, while Verizon is testing a 17-foot drone which may one day provide LTE mobile connectivity to first responders. In addition, a Verizon spokesperson says drone-enabled connectivity has "set the stage" for connecting drones to their IoT platform next year. -
How Tech Companies Are Responding To Hurricane Matthew (vice.com)
South Carolina was hit by Hurricane Matthew at 11 a.m. EST, after the hurricane killed at least 300 people in Haiti (with Reuters estimating Haiti's death toll over 800). But as the U.S. declares a state of emergency for Florida, Georgia, South Carolina and North Carolina, and with the power out for more than a million people, an anonymous Slashdot reader looks at the role tech companies are playing in responding to the storm system: AirBNB "has been advertising free rooms in parts of Florida and South Carolina" reports Motherboard. AirBNB's Disaster Reponse Tool connects people needing shelter with volunteers who are offering their residences for free. Meanwhile, Uber promised to cap its "surge pricing" for the area, while Lyft promised its fares would rise no more than two times their normal rate.
But many escaped the path of the hurricane thanks to Shofur, a startup that books chartered buses and matches riders to low-cost tickets, according to the Daily Dot. "Through Thursday night and into the early morning hours of Friday, Shofur evacuated an estimated 10,000 Floridians and Georgians to areas such as Atlanta, Florida's west coast, and the panhandle."
NASA is also flying a huge 15,000-pound drone over the area to collect real-time weather data, while Verizon is testing a 17-foot drone which may one day provide LTE mobile connectivity to first responders. In addition, a Verizon spokesperson says drone-enabled connectivity has "set the stage" for connecting drones to their IoT platform next year. -
There's Even More Evidence That Fitness Trackers Don't Work (fortune.com)
Turns out it's really hard to persuade people to exercise -- even when they have access to how many steps they've taken, and even when they get paid for it. A staggering 90 percent of people stop wearing fitness trackers when given the choice. Fortune reports: In the new yearlong study, published in The Lancet Diabetes & Endocrinology, researchers randomized 800 people in Singapore who had a full-time job into four groups. Some wore a Fitbit Zip and were paid a small amount of money to get moving -- which they were instructed either to keep or to donate to charity -- while others didn't wear Fitbits. Researchers measured their physical activity, weight, blood pressure, the body's ability to use oxygen (called cardiorespiratory fitness) and their self-reported quality of life. For the last six months of the study, all incentives were dropped, and people could choose whether or not to continue wearing their fitness trackers. (About 40% of people had stopped wearing it in the first six months anyway.) The cash seemed to work at first. Those who were rewarded with cash did an extra 13 minutes of moderate-to-vigorous physical activity each week and added 570 steps to their daily counts. Raising money for charity had no effect. But once the monetary rewards stopped, so did the improvements. By the end of the study, just 10% of people were still wearing the trackers. -
New California Law Allows Test of Autonomous Shuttle With No Driver (fortune.com)
If you live in California, you may soon start to see self-driving cars on the road with no operators to be seen. California Governor Jerry Brown signed into law on Thursday a bill that allows a self-driving vehicle with no operator inside to test on a public road. Currently, companies are legally able to test self-driving cars in California as long as the operators are located inside the vehicles when they are being tested. Fortune reports: The bill introduced by Democratic Assemblywoman Susan Bonilla allows testing in Contra Costa County northeast of San Francisco of the first full-autonomous vehicle without a steering wheel, brakes, accelerator or operator. New legislation was necessary because although driverless vehicles can be tested on private land like the office park, the shuttle will cross a public road on its loop through the campus. The new law means that two cube-like Easymile shuttles that travel no faster than 25 mph (40 kph) will be tested for a period of up to six months before being deployed and used by people. In an interview with Reuters in March, Bonilla said the "natural tension" between regulators concerned about safety and lawmakers trying to encourage innovation in their state necessitated a new bill. "They're risk averse and we're saying we need to open the door here and take steps (to innovate)," Bonilla said, calling the driverless shuttle project "a very wise first out-of-the-gate opportunity" to show how the technology could work safely. -
Amazon Marketplace Shoppers Slam the Spam (fortune.com)
Spammy follow-up email messages are turning off Amazon Marketplace shoppers. Shoppers who buy from Amazon's Marketplace typically like the convenience and prices. But many are also unhappy about the barrage of emails that sellers send them after the purchase, notes Fortune. It adds: Sellers deluge often inboxes with requests for product reviews, inquiries about how the process went, and sales pitches for more stuff. Considering the comments on social media, feedback from friends and family, and in posts in Amazon.com's customer service forum over the past two years, this problem is not getting any better. There appears to be no way to opt out of this email flood, which is odd, given Amazon's self-professed zeal for great customer service. One shopper in Amazon's customer forum thread posted a response from an Amazon service representative that apologized for the notifications and noted that the feedback had been forwarded to the company's "investigations team." -
Facebook at Work To Report For Duty Next Month (fortune.com)
The debut of the long-awaited business social network is nigh. Facebook at Work is about to report for duty. The social networking company's long-awaited foray into business applications will formally debut in London on October 10, according to tech site TechCrunch. From a report:The news site further noted this would be Facebook's first major product launch to take place outside the United States. Thus far, Facebook is seen as a fun-and-games site, not something corporate employees use to converse or track each other. But Facebook at Work, a business-minded operation, could help change that image. As has been reported, it will be a separate version of the network that can be accessed only from a company's internal IT systems, and in theory, subject to stricter corporate security and access rules. Personal accounts will be cordoned off. -
Amazon Pursues More Renewable Energy, Following Google, Apple, And Facebook (fortune.com)
An anonymous Slashdot reader writes: Amazon will open a 100-turbine, 253-megawatt wind farm in Texas by the end of next year -- generating enough energy to power almost 90,000 U.S. homes. Amazon already has wind farms in Indiana, North Carolina, and Ohio (plus a solar farm in Virginia), and 40% of the power for AWS already comes from renewable sources, but Amazon's long-term plan is to raise that to 100%.
But several of the world's largest tech companies are already pursuing their own aggressive renewable energy programs, according to Fortune. Google "has said it's the largest non-utility purchaser of renewable energy in the world. Apple claims that in 2015, 93% of its energy came from renewable sources, and its data centers are already 100% run on renewables (though that claim does rely on carbon trading). Facebook, which also uses Texas wind facilities, is aiming for 50% of its data center power to come from renewables by 2018. Even slightly smaller companies like Salesforce have made big commitments to renewable energy."
Last year for the first time utilities actually bought less than half the power produced by wind farms -- because tech companies, universities, and cities had already locked it down with long-term contracts. -
Germany Unveils a Hydrogen-Powered Passenger Train (fortune.com)
An anonymous reader writes: The world's first CO2-emission-free train powered through hydrogen was unveiled this week in Germany. The Coradia iLint, created by French company Alstom, was presented at the Berlin InnoTrans trade show on Tuesday. The train's energy comes from combining hydrogen stored in tanks on the train with oxygen in the air. The energy is then stored in lithium-ion batteries. The train's only emissions are steam and condensed water. The train also has lower noise levels than diesel trains, emitting only the sound of its wheels on the track and any sounds from air resistance at even its highest speed of 140 kilometers per hour (about 87 miles per hour). The train has the ability to travel up to 800 kilometers (497 miles) and carry up to 300 passengers; it's the worldâ(TM)s first hydrogen passenger train that can regularly operate long journeys. -
YouTube Is Looking for Volunteers To Improve Its Site (fortune.com)
The video-sharing site is looking for "heroes." YouTube is looking for a few good users who want to be "Heroes." Google's video-sharing site wants volunteers to help moderate its content by flagging inappropriate content, fielding questions in YouTube Help forums, and contributing video captions and subtitles, reports Reuters. From the report:Performing those types of tasks will help users earn points in the site's new crowdsourcing program, called "YouTube Heroes." YouTube announced the "Heroes" program in a post on the site's help channel on Wednesday that included a video showing prospective volunteers how they can participate and the perks they can earn. "You work hard to make YouTube better for everyone and, like all heroes, you deserve a place to call home," YouTube says in the video. -
College Student Got 15 Million Miles By Hacking United Airlines (fortune.com)
An anonymous reader quotes a report from Fortune: University of Georgia Tech student Ryan Pickren used to get in trouble for hacking websites -- in 2015, he hacked his college's master calendar and almost spent 15 years in prison. But now he's being rewarded for his skills. Pickren participated in United Airlines' Bug Bounty Program and earned 15 million United miles. At two cents a mile, that's about $300,000 worth. United's white hat hacking program invites computer experts to legally hack their systems, paying up to one million United miles to hackers who can reveal security flaws. At that rate, we can presume Pickren reported as many as 15 severe bugs. The only drawback to all those free miles? Taxes. Having earned $300,000 of taxable income from the Bug Bounty Program, Pickren could owe the Internal Revenue Service tens of thousands of dollars. He's not keeping all of the, though: Pickren donated five million miles to Georgia Tech. The ultimate thank-you for not pressing charges last year. In May, certified ethical hackers at Offensi.com identified a bug allowing remote code execution on one of United Airlines' sites and were rewarded with 1,000,000 Mileage Plus air miles. Instead of accepting the award themselves, they decided to distribute their air miles among three charities. -
Microsoft Has More Open Source Contributors On GitHub Than Facebook and Google (thenextweb.com)
An anonymous reader writes from a report via The Next Web: Microsoft CEO Satya Nadella has really embraced open source over the past couple of years. GitHub, a site that is home to a number of the web's biggest collaborative code projects, has counted more than 5.8 million active users on its platform over the past 12 months, and says that Microsoft has the most open source contributors. Microsoft has 16,419 contributors, beating out Facebook's 15,682 contributors, Docker's 14,059 contributors, and Google's 12,140 contributors. The Next Web reports: "Of course, this didn't happen overnight. In October 2014, it open sourced its .NET framework, which is the company's programming infrastructure for building and running apps and services -- a major move towards introducing more developers to its server-side stack. Since then, it's open sourced its Chakra JavaScript engine, Visual Studio's MSBuild compiling engine, the Computational Networks Toolkit for deep learning applications, its Xamarin tool for building cross-platform apps and most recently, PowerShell. It's also worth noting that the company's Visual Studio Code text editor made GitHub's list of repositories with the most contributors. You can check out these lists, as well as other data from GitHub's platform on this page." GitHub CEO Chris Wanstrath said in an interview with Fortune, "The big .Net project has more people outside of Microsoft contributing to it than people who work at Microsoft." -
Why The FCC Chair Says Set-Top Box Reform Proposal Could Change (fortune.com)
An anonymous reader writes: Hardware costs are down yet fees still seem to climb. The head of the U.S. Federal Communications Commission said he might change his proposal to allow tens of millions of U.S. pay TV subscribers to ditch costly set-top boxes and access video programming online. At a Senate hearing on Thursday, FCC Chairman Tom Wheeler defended his revised proposal, which is scheduled for a final vote on Sept. 29. The plan, announced last week, lacks some of the most controversial aspects of the original proposal unveiled in January but includes a new licensing body to ensure that pay-TV companies do not enter into anti-competitive agreements. The plan is aimed at ending the cable industry's long domination of the $20-billion-a-year set-top box market and lowering prices for consumers. Nearly all pay-TV subscribers lease the boxes from their cable, satellite, or telecommunications providers at an average annual cost of $231. Those fees have jumped 185% since 1994, while the cost of televisions, computers, and mobile phones has dropped 90%, the FCC has estimated. -
Amazon Adds Audiobooks and Podcasts To Prime Membership (fortune.com)
If you're one of the 63 million Amazon Prime members out there, you may be happy to hear that Amazon will now grant you unlimited access to podcasts and audiobooks from Audible. Fortune reports: With Tuesday's news, Prime members will now be able to stream a rotating selection of more than 50 audiobooks. Prime members will also have free access to Amazon's newly launched on-demand audio service from Audible Channels, which provides ad-free podcasts and other audio content. Audible released the service in July, and is charging non-Prime members $4.95 each month to access the selection of podcasts. In addition to podcasts, Channels also includes access to audio versions of articles from major publications, comedy shows, short fiction, and more. Fingers crossed they have some engaging technology books in their rotating selection... -
Amazon Adds Audiobooks and Podcasts To Prime Membership (fortune.com)
If you're one of the 63 million Amazon Prime members out there, you may be happy to hear that Amazon will now grant you unlimited access to podcasts and audiobooks from Audible. Fortune reports: With Tuesday's news, Prime members will now be able to stream a rotating selection of more than 50 audiobooks. Prime members will also have free access to Amazon's newly launched on-demand audio service from Audible Channels, which provides ad-free podcasts and other audio content. Audible released the service in July, and is charging non-Prime members $4.95 each month to access the selection of podcasts. In addition to podcasts, Channels also includes access to audio versions of articles from major publications, comedy shows, short fiction, and more. Fingers crossed they have some engaging technology books in their rotating selection... -
Verizon Is Moving From Telephone Poles To Light Poles for Smart Devices (fortune.com)
An anonymous reader shares a Fortune report:Verizon is moving from telephone poles to street lighting poles with its latest acquisition to bolster its Internet of things business. The telecom giant has been looking for new growth areas around connected smart devices -- including water meters, self-driving cars, and drones -- as some of its traditional markets slow. On Monday, Verizon said it was buying privately-held Sensity, a company that puts sensors in LED street lamps to perform functions such as monitoring traffic and detecting security threats. Terms of the deal have not been disclosed. It's the latest in a string of acquisitions to bolster the carrier's IoT unit. Verizon agreed to pay $2.4 billion for truck tracking service Fleetmatics last month and startup Telogis, another fleet-tracker, earlier this summer. -
Elon Musk Says Tesla New Autopilot Features Would Have Prevented Recent Death (fortune.com)
An anonymous reader writes:Tesla Motors Chief Executive Elon Musk said on Sunday the automaker was updating its semi-autonomous driving system Autopilot with new limits on hands-off driving and other improvements that likely would have prevented a fatality in May. Musk said the update, which will be available within a week or two through an "over-the-air" software update, would rely foremost on radar to give Tesla's electric luxury cars a better sense of what is around them and when to brake. New restrictions of Autopilot 8.0 are a nod to widespread concerns that the system lulled users into a false sense of security through its "hands-off" driving capability. The updated system now will temporarily prevent drivers from using the system if they do not respond to audible warnings to take back control of the car. Musk said it was "very likely" the improved Autopilot would have prevented the death of Brown, whose car sped into the trailer of a truck crossing a highway, but he cautioned that the update "doesn't mean perfect safety." -
Volkswagen Engineer Pleads Guilty in US Diesel Emissions Probe (fortune.com)
A Volkswagen AG engineer on Friday pleaded guilty and agreed to cooperate in the Justice Department's probe into the German automaker's diesel emissions scandal -- the first person charged by U.S. authorities in the environmental probe, reports Reuters. From the report:James Liang, who has worked for VW VLKPF since 1983 and was part of a team of engineers who developed a diesel engine, was charged in an indictment made public on Friday with conspiring to commit wire fraud and violating U.S. clean air laws. The 62-year-old engineer from Newbury Park, Calif., appeared in U.S. District Court in Detroit on Friday and entered into a plea agreement that includes his cooperation with the government in its investigation. The indictment says Liang conspired with current and former VW employees to mislead U.S. regulators about the software that allowed the automaker to evade American emissions standards. -
FCC Chief To Unveil Revised Plan To Eliminate Cable Boxes (fortune.com)
The top U.S. communications regulator plans to unveil a revised plan to allow about 100 million pay TV subscribers to replace expensive set-top boxes with less-costly apps that provide access to television and video programs, Fortune reports. From the report: Federal Communications Commission Chairman Tom Wheeler proposed in January opening the $20 billion cable and satellite TV set-top box market to new competitors and allow consumers to access multiple content providers from a single app or device. The plan, aimed at breaking the cable industry's long grip on the lucrative pay TV market and lowering prices for consumers, drew fierce opposition from TV and content providers, including AT&T, Comcast and Twenty-First Century Fox. The FCC has said Americans spend $20 billion a year to lease pay-TV boxes, or an average of $231 annually. Set-top box rental fees have jumped 185 percent since 1994, while the cost of TVs, computers and mobile phones has dropped 90 percent, the FCC has estimated. Update: 09/08 19:18 GMT by M :Tom Wheeler has just published the proposed laws at LATimes. -
Intel Selling Majority Stake In Intel Security, 'New' Company To Be Called McAfee (fortune.com)
An anonymous reader quotes a report from Fortune: Intel is spinning out its security business with help from private equity firm TPG, as the chip giant focuses more on its top growth opportunities. Intel will collect $3.1 billion in cash and retain a 49% ownership stake. TPG will own 51% of the new company, to be called McAfee. Under terms of the spin off, TPG will make a $1.1 billion equity investment in McAfee, which will also take on $2 billion of debt. The deal is expected to close in the second quarter of 2017, Intel said. The deal ends Intel's sometimes tumultuous efforts to add cybersecurity software features to its various semiconductor chip businesses. It also marks a near-final coda to Intel's $8 billion purchase of McAfee in 2010. Analysts and investors have favored disposing of the business, which they said didn't add much to the chip sales and was too dependent on the shrinking PC market. The unit reported $1.1 billion of revenue in the first half of the year, up 11% from the same period of 2015, and operating income of $182 million, a 391% jump. Chris Young, who joined Intel's security unit from Cisco Systems in 2014, will be CEO of the new company. Intel said it still plans to collaborate with McAfee to add security features across its product lines. -
Many Looking Past iPhone 7 to Next Year's iPhone 8 (fortune.com)
Reuters reports: The iPhone 7 is expected to make its global debut on Wednesday, but many consumers and investors are already setting their sights on Apple's 2017 version of the popular gadget, hoping for more significant advances. At its annual product launch in San Francisco on Wednesday, the world's most valuable publicly traded company is expected to reveal an iPhone without a headphone jack, paving the way for wireless headphones, a touch-sensitive home button that vibrates, double-lens cameras for the larger Plus edition and other incremental improvements. Apple typically gives its main product, which accounts for more than half of its revenue, a big makeover every other year and the last major redesign was the iPhone 6, in 2014. The modest updates suggest that this cycle will be three years.Apple will celebrate iPhone's 10th anniversary next year. Rumor has it that the company plans to switch from LCD to OLED for display on the next year's flagship phone. It is also pegged to have an all-glass body. -
Tencent Is Now the Most Valuable Company in Asia (fortune.com)
Chinese web firm Tencent, which has stake in apps such as messaging clients WeChat and India's Hike messenger, has become the most valuable company in Asia. The company has been racing neck-and-neck with Samsung and China Mobile in the recent times but thanks to some strategic moves and aggressive expansion, and also some bad moves by its rivals, there's no one bigger than Tencent in Asia anymore. Fortune reports:Samsung has flagged over the last few days, however, after it had to issue a recall for its flagship Note 7 handset because of reports about battery fires. But stock in Tencent has continued to surge, rising 3.8% in Hong Kong on Monday. That took it to a valuation of HK$1.976 trillion ($255 billion). That jump takes Tencent narrowly past the market cap of China Mobile, and into the same premier league of public corporations as U.S. tech giants Apple, Alphabet, Microsoft, Amazon and Facebook. The Chinese e-commerce group Alibaba is not far behind, with a current valuation of around $250 billion. -
Google Is Testing a Trending Stories Feature On Its Homepage (fortune.com)
Jeff John Roberts, reporting for Fortune: Google and its rival Facebook have transformed into giant media companies in recent years, working with news and video companies as part strategy to encourage consumers to stay on their platforms. Now, it appears Google is taking another big step in this direction by showing visitors three trending news stories on its home page -- right under its iconic search bar -- as well as three "trending topics." Google's decision to display trending news topics mirrors what Facebook has been doing in recent months, and will likely provide more grist for the debate over how the companies curate news, and their growing power over the media. The change to Google's homepage began to appear this week, though it does not appear to have been rolled out to many users. -
Companies Are Developing More Apps With Fewer Developers (fortune.com)
Fortune reports that the "yawning gap in tech skills" has resulted in a surprising shift in supply and demand in the software industry. And in many companies now, a growing trend of developer jobs being given to non-developers can be seen. From the article: That's because a relatively new technology, known as low-code or no-code platforms, is now doing a big chunk of the work that high-priced human talent used to do. Low-code platforms are designed so that people with little or no coding or software engineering background -- known in the business as "citizen developers" -- can create apps, both for use in-house and for clients. Not surprisingly, the low-code platform industry, made up of about 40 small companies (so far), is growing like crazy. A recent Forrester Research report put its total revenues at about $1.7 billion in 2015, a figure that's projected to balloon to $15 billion in the next four years. Low-code-platform providers, notes Forrester, are typically seeing sales increases in excess of 50% a year.The report cites QuickBase, a company whose low-code platforms are used by half of the Fortune 500 companies, as an example. Its CEO Allison Mnookin says that almost any employee can now do most or all of the same work that developers used to do. Mnookin adds that there's a big advantage in this. "Opening an app's development to the non-techies who need the app removes misunderstandings between the IT department and other employees about what the end user needs." -
Companies Are Developing More Apps With Fewer Developers (fortune.com)
Fortune reports that the "yawning gap in tech skills" has resulted in a surprising shift in supply and demand in the software industry. And in many companies now, a growing trend of developer jobs being given to non-developers can be seen. From the article: That's because a relatively new technology, known as low-code or no-code platforms, is now doing a big chunk of the work that high-priced human talent used to do. Low-code platforms are designed so that people with little or no coding or software engineering background -- known in the business as "citizen developers" -- can create apps, both for use in-house and for clients. Not surprisingly, the low-code platform industry, made up of about 40 small companies (so far), is growing like crazy. A recent Forrester Research report put its total revenues at about $1.7 billion in 2015, a figure that's projected to balloon to $15 billion in the next four years. Low-code-platform providers, notes Forrester, are typically seeing sales increases in excess of 50% a year.The report cites QuickBase, a company whose low-code platforms are used by half of the Fortune 500 companies, as an example. Its CEO Allison Mnookin says that almost any employee can now do most or all of the same work that developers used to do. Mnookin adds that there's a big advantage in this. "Opening an app's development to the non-techies who need the app removes misunderstandings between the IT department and other employees about what the end user needs." -
Opera Sync Users May Have Been Compromised In Server Breach (fortune.com)
An anonymous reader writes: Someone broke into Opera's servers. The Opera browser has a handy feature for synchronizing browsing data across different devices. Unfortunately, some of the passwords and login information used to enable the feature may have been stolen from Opera's servers. Opera's sync service is used by around 1.7 million people each month. Overall, the browser has 350 million users. The Norwegian firm told its users that someone had gained access to the Opera sync system, and "some of our sync users' passwords and account information, such as login names, may have been compromised." As a result, Opera had to reset all the passwords for the feature, meaning users will need to select new ones. -
Kim Dotcom Will Revive Megaupload, Linking File Transfers To Bitcoin Microtransactions (fortune.com)
Long-time Slashdot reader SonicSpike quotes an article from Fortune: The controversial entrepreneur Kim Dotcom said last month that he was preparing to relaunch Megaupload, the file-sharing site that U.S. and New Zealand authorities dramatically shut down in 2012, with bitcoins being involved in some way... This system will be called Bitcache, and Dotcom claimed its launch would send the bitcoin price soaring way above its current $575 value.
The launch of Megaupload 2.0 will take place on January 20, 2017, he said, urging people to "buy bitcoin while cheap, like right now, trust me..." Crucially, Dotcom said the Bitcache system would overcome bitcoin's scaling problems. "It eliminates all blockchain limitations," he claimed.
Every file transfer taking place over Megaupload "will be linked to a tiny Bitcoin micro transaction," Dotcom posted on Twitter. His extradition trial begins Monday, and he's asking the court to allow live-streaming of the trial "because of global interest in my case." Meanwhile, the FBI apparently let the registration lapse on the Megaupload domain, which they seized in 2012, and Ars Technica reports that the site is now full of porn ads. -
Apple, Facebook, IBM, and Microsoft Sign White House Pledge For Equal Pay (fortune.com)
In honor of Women's Equality Day, an anonymous reader shares with us a festive report from Fortune: More than two months after the White House first announced its Equal Pay Pledge for the private sector, Facebook, Apple, Microsoft and other major industry players have signed on. By taking the pledge, which was first introduced at the United State of Women Summit in June of this year, companies promise to help close the national gender pay gap, conduct annual, company-wide pay analyses, and review hiring and promotion practices. The new signees were announced in a White House statement on Friday -- which also happens to be Women's Equality Day, the anniversary of the ratification of the 19th amendment, which gave women the right to vote. Apple, which announced earlier this year that it has no pay gap, released a statement promising to dig even deeper into compensation. "We're now analyzing the salaries, bonuses, and annual stock grants of all our employees worldwide. If a gap exists, we'll address it," the company said in a statement. Twenty-nine companies signed the pledge on Friday, bringing the total number of signatories to 57. The pledge is part of a $50-million, White House-led initiative to expand opportunities for and improve the lives of women and girls. The consortium members issued a statement via Whitehouse.gov's press release: "The Employers for Pay Equity consortium is comprised of companies that understand the importance of diversity and inclusion, including ensuring that all individuals are compensated equitably for equal work and experience and have an equal opportunity to contribute and advance in the workplace. We are committed to collaborating to eliminate the national pay and leadership gaps for women and ethic minorities. Toward that end, we have come together to share best practices in compensation, hiring, promotion, and career development as well as develop strategies to support other companies' efforts in this regard. By doing so, we believe we can have a positive effect on our workforces that, in turn, makes our companies stronger and delivers positive economic impact." The consortium members include: Accenture, Airbnb, BCG, Care.com, CEB, Cisco, Deloitte, Dow, Expedia, EY, Glassdoor, GoDaddy, Jet.com, L'Oreal USA, Mercer, PepsiCo, Pinterest, Rebecca Minkoff, Salesforce, Spotify, Staples, Stella McCartney, and Visa. -
Dropbox Is Urging Users To Reset Their Passwords (fortune.com)
Dropbox is forcing a number of users to change their passwords after the cloud storage company found some account details linked to an old data breach. "The next time you visit dropbox.com, you may be asked to create a new password. We proactively initiated this password update prompt for Dropbox users who meet certain criteria," the company writes on its website. Fortune reports: The popular cloud storage said the move was related to the theft of an old set of Dropbox credentials, dating back to 2012. So the users the company has contacted are those who created Dropbox accounts before mid-2012 and have not updated their passwords since that time. Dropbox disclosed in July 2012 that some users were getting spammed, and the cause appeared to be the theft of usernames and passwords from other websites. As is often the case, some people reuse their usernames and passwords across different web services. (If it still needs saying, you really shouldn't reuse your passwords, ever.) -
Driver Killed a Pedestrian in Japan While Playing Pokemon Go (fortune.com)
An anonymous reader writes: One woman was killed and another injured. In what police are calling Japan's first death linked to Pokemon Go, a driver playing the smartphone game hit two pedestrians on Tuesday night, officials said. The collision broke the neck of one woman, killing her, and left another woman with a broken hip, the Wall Street Journal reports. Police in Tokushima, on the western Japanese island of Shikoku, told the Wall Street Journal the women were crossing the street when the car struck them. The man driving the car did not see them because was playing Pokemon Go. -
Internaut Day Might Not Be the Web Anniversary You're Looking For (fortune.com)
David Meyer, reporting for Fortune: The web arguably went public before August 23, 1991. Social media users are enthusiastically celebrating "Internaut Day" on Tuesday. They're thanking Tim Berners-Lee, the creator of the World Wide Web, for first providing public access to it on this day in 1991, precisely a quarter of a century back. The only problem is that the supposed importance of Internaut Day doesn't seem to be supported by much evidence. Berners-Lee submitted his seminal proposal for a new information management system to CERN on March 12, 1989, a date which Berners-Lee celebrates as the birthday of the web. The building blocks were specified and written up by October 1990, and the first webpage went live in December that year. So when somebody celebrates the "Internaut Day" today, it really doesn't seem like the right occasion. The report adds: According to Wikipedia, that's when "new users could [first] access" the web -- and that's what a gazillion news stories on Tuesday are supposedly celebrating. But it doesn't square with what the Web Foundation and CERN say. -
Oracle Is Funding a New Anti-Google Group (fortune.com)
An anonymous reader writes from a report via Fortune: Oracle says it is funding a new non-profit called "Campaign for Accountability," which consists of a campaign called "The Google Transparency Project" that claims to expose criminal behavior carried out by Google. "Oracle is absolutely a contributor (one of many) to the Transparency Project. This is important information for the public to know. It is 100 percent public records and accurate," said Ken Glueck, Senior Vice President of Oracle. Fortune reports: "Oracle's hidden hand is not a huge surprise since the company has a history of sneaky PR tactics, and is still embroiled in a bitter intellectual property lawsuit with Google." One would think Microsoft may be another contributor, but the company said it is not. Daniel Stevens, the deputy director of the CfA, declined to name the group's other donors, or to explain why it does not disclose its funders. Why does this matter? "When wealthy companies or individuals pose as a grass-roots group like the so-called 'campaign for accountability' project, [it] can confuse news and public relations, and foster public cynicism," writes Jeff John Roberts via Fortune. -
Univision To Buy Gawker Media For $135 Million (recode.net)
An anonymous reader quotes a report from Recode: Univision has won the auction for Gawker Media. The TV network and digital publisher has agreed to pay $135 million for the bankrupt blog network, according to a person familiar with the deal. Univision's offer will encompass all seven of Gawker Media's sites, including Gawker.com. Ziff Davis and Univision were the only two bidders for Gawker, which filed for bankruptcy after Hulk Hogan and Peter Thiel won a $140 million judgment in a privacy case. Ziff Davis had originally offered $90 million for Gawker Media. Here's a statement from Gawker Media owner Nick Denton: "Gawker Media Group has agreed this evening to sell our business and popular brands to Univision, one of America's largest media companies that is rapidly assembling the leading digital media group for millennial and multicultural audiences. I am pleased that our employees are protected and will continue their work under new ownership -- disentangled from the legal campaign against the company. We could not have picked an acquirer more devoted to vibrant journalism." The deal won't be official for a bit. For starters, a U.S. bankruptcy court judge needs to sign off on the transaction. When it is final, the judgment funds will be set aside while Gawker appeals its court case; eventually the money will go to the side that wins. -
Google Fiber Is Changing Its Strategy as Costs Grow (fortune.com)
Google is taking a strategy timeout on its high-speed-internet business. According to WSJ, the Google Fiber unit is -- including Los Angeles, Chicago, and Dallas -- after its initial rollouts proved time-consuming and expensive than anticipated -- is rethinking how to deliver internet connections in about a dozen metro areas (could be paywalled; alternate source). From a Fortune report: Turns out it is very expensive to run wires -- or in Google's case, fiber optic cables -- to each and every house that wants service. Known as the "last mile" problem, the high costs, in turn, make it difficult for companies to earn a solid rate of return on the installation investment. Google's effort, through its unit called Fiber that launched in 2010, is now seeking alternative means to connect to consumers homes or finding other people to pay the cost. Google has sought deals with municipalities and power companies to pay for the connections and is also exploring less expensive wireless technology. Meanwhile, Google has suspended efforts to add new cities such as San Jose, Calif., and Portland, Ore., using its prior strategy of stringing up cables to each customerâ(TM)s home. -
First Confirmed Prism Surveillance Target Was Democracy Activist (fortune.com)
A new report by Television New Zealand in collaboration with The Intercept, based on leaks of former U.S. National Security Agency worker Edward Snowden has for the first time named a target of the NSA's controversial Prism program. The target was a middle-aged civil servant and pro-democracy activist named Tony Fullman. Fullman, who is originally from Fiji but has lived in New Zealand for decades, is an advocate for democracy in Fiji and a critic of Fijian prime minister Frank Bainimarama, who took power in a 2006 coup. From a Fortune report: According to The Intercept, the NSA in 2012 monitored Fullman's communications through the Prism program and passed on information to the New Zealand intelligence services. Around the same time, the New Zealand authorities raided Fullman's home and revoked his passport. The New Zealand intelligence services were not themselves allowed to spy on Fullman, who was a New Zealand citizen. However, as Snowden has repeatedly described, the agencies of many Anglophone countries spy on each other's behalf, in order to bypass their national legal restrictions. Fullman suggested in the article that people in the group may well have said violent things about Bainimarama, but this was just venting, not a plot. According to the report, they never suspected someone was listening into their communications. The NSA was said to be helping by analyzing Fullman's Facebook and Gmail activities. The 190 pages of intercepted documentation seen by The Intercept apparently didn't reveal evidence of a plot. -
Man Becomes 'Accidental Millionaire' After Jet.com's Sale To Walmart (fortune.com)
The acquisition of Jet.com by Walmart for $3 billion in cash appears to have made the founder of IdeaDash an "accidental millionaire." Fortune reports: "Martin, who is the founder of a startup called IdeaDash, won Jet.com's nationwide marketing competition -- Jet Insider -- in early 2015. The contest offered a reward of 100,000 shares of Jet stock to the contestant who got the most people to sign up for 6-month free trial 'insider' memberships to the membership shopping site, a sort of online Costco or Sam's Club. According to his company's website, Martin took first place out of the 350,000 people who participated, getting over 8,000 people to sign up. Martin spent $18,000 on online ads, Bloomberg reports, and now has a stake in Jet that is reportedly worth millions. Although Martin told Bloomberg that he is not sure exactly what his stake is worth, Fusion reported in February 2015 that his piece could be valued between $10 million and $20 million." -
AT&T Is Paying $7.75 Million in Refunds and Fines Over Sham Calls (fortune.com)
AT&T will pay $7.75 million after a federal investigation found it allowed unauthorized third-party charges on its customers' telephone bills, the U.S. Federal Communications Commission said Monday, reports Reuters (via Fortune). From the report: The company allowed "scammers to charge customers approximately $9 per month for a sham directory assistance service," the FCC said Monday. The fraud was uncovered by the U.S. Drug Enforcement Administration while investigating two Ohio companies for drug-related crimes and money laundering, the FCC said. The settlement includes $6.8 million in refunds and a $950,000 federal fine, the FCC said. AT&T signed a consent decree with the FCC and agreed to cease billing for nearly all third-party products and services on landline bills and adopt procedures to obtain express consent from customers prior to allowing third-party charges. The company also agreed to revise its billing practices to ensure third-party charges are conspicuously identified on bills. -
Yahoo's New Anti-Abuse AI Outperforms Previous AI (wired.co.uk)
16.4% of the comments on Yahoo News are "abusive," according to human screeners. Now Yahoo has devised an abuse-detecting algorithm "that can accurately identify whether online comments contain hate speech or not," reports Wired UK: In 90 per cent of test cases Yahoo's algorithm was able to correctly identify that a comment was abusive... The company used a combination of machine learning and crowdsourced abuse detection to create an algorithm that trawled the comment sections of Yahoo News and Finance to sniff out abuse. As part of its project, Yahoo will be releasing the first publicly available curated database of online hate speech.
The machine-learning algorithm was "trained on a million Yahoo article comments," according to the article, and Slashdot reader AmiMoJo writes "The system could help AIs avoid being tricked into making abusive comments themselves, as Microsoft's Tay twitter bot did earlier this year." -
Amazon and Microsoft Are Running One and Two in Two-Cloud Race (fortune.com)
When it comes to computing capacity for public cloud services, Amazon and Microsoft are dominating the pack. According to research firm Gartner, Google is the third in this cloud race. The conclusion comes as Gartner looks into Magic Quadrant's annual report surveys, which estimates the amount and type of cloud computing services offered for rent by big companies. Fortune reports: Amazon's continued strength will not surprise many considering the resources it has poured into this now-$10-plus billion a year business. AWS "has the largest share of compute capacity in use by paying customers -- many times the aggregate size of all other providers in the market," according to the report. Last year, Gartner's take was that AWS ran more than 10 times the cloud compute capacity as the next 14 cloud players combined. Asked whether that means Amazon's dominance has held steady, grown, or decreased year over year, Gartner managing vice president Rakesh Kumar told Fortune the research firm does not have the exact comparable figure, but that it is "reasonable to assume" that AWS has maintained the same lead this year. The odd man out here appears to be Google, which has been trying hard to win market share from the other two powers and to prove that it is serious about the public cloud market. Google remains the third largest player by Gartner's measures, but it has slipped a bit relative to the top two. -
Apple Makes Slight Progress On Diversity While Its Rivals Are Making Practically None (macrumors.com)
The workforce at Apple is still predominately white and male, reveals the diversity report the company released Wednesday. But that doesn't mean that its efforts to improve diversity haven't yielded improvements. This is the third year that the Cupertino giant has released its diversity numbers and the balance is improving, although a bit slowly. From a MacRumors report: Its overall workforce, including tech, non-tech, and retail jobs, is 68% male and 32% female as of June 2016, a slight change from a 69%-31% split in 2015. Apple's race and ethnicity breakdown among U.S. employees is 19% Asian, 9% Black, 12% Hispanic, 2% Multiracial, 1% Other, and 56% White, representing a 2 percent increase in White employees and a 1 percent increase in both Asian and Hispanic employees compared to last year's data. Females represent 37% of Apple's global new hires, while U.S. underrepresented minorities represent 27% of global new hires. Apple defines underrepresented minorities as "groups whose representation in tech has been historically low -- Black, Hispanic, Native American, Native Hawaiian, and Other Pacific Islander."Washington Post compares Apple's progress to other Silicon Valley giants, claiming that rest of the industry is mostly sitting idle. (Alternate source: Reuters) From the report: At Facebook, black and Hispanic employees make up 2 and 4 percent of the employee base. Despite commitments to diversity, neither Google nor Facebook have made a dent in those numbers since they first announced them in 2014. -
Amazon Debuts a Dedicated Shop For Kickstarter Products (techcrunch.com)
An anonymous reader quotes a report from TechCrunch: Today, Amazon announced it's teaming up with Kickstarter to offer those successful Kickstarter products a way to reach more customers through a dedicated section on Amazon's website. Via www.amazon.com/launchpad/kickstarter, the online retailer is now featuring a group of over 300 Kickstarter products across a variety of categories, like electronics, books, home and kitchen, movies and tv, and more. The products can also be browsed by theme, like STEM products, "Always be Learning," "Exquisite Objects," "Inventing the Future," and "Public Benefit," for example. The new Kickstarter section is actually an expansion on Amazon's Launchpad platform, launched a year ago. In July 2015, the retailer debuted a dedicated portal that offered both marketing and sales for hardware and physical goods from younger tech companies. Today, Amazon says it has now worked with over 100 VCs, accelerators and crowdfunders and has helped more than 1,000 launch products across the U.S., the U.K., China, Germany, and France. All startups who participate in Launchpad receive custom product pages, a comprehensive marketing package, and access to Amazon's global fulfillment network, the retailer notes. -
MasterCard Is Buying the Core of the British Payments Infrastructure (fortune.com)
Mastercard has agreed to purchase a controlling stake in VocalLink, the payments processor that handles most payroll and household bill processing in the UK. The American payment giant will be paying up to $1.14 billion. Fortune reports: According to MasterCard MA, the deal would create "the first true combination of the traditional person-to-merchant cards business with a clearing business." That is, of course, presuming it clears regulatory scrutiny. VocaLink runs Link, the network that provides interoperability between British ATMs, as well as BACS, the clearing house for payments between bank accounts, and Faster Payments, the inter-bank transfer system for Internet and telephone-based payments.FastCompany explains what this could mean for MasterCard users. -
Apple Patches Stagefright-Like Bug In IOS (fortune.com)
Reader Trailrunner7 writes: Apple has fixed a series of high-risk vulnerabilities in iOS, including three that could lead to remote code execution, with the release of iOS 9.3.3. One of those code-execution vulnerabilities lies in the way that iOS handles TIFF files in various applications (Alternate source: Fortune ). Researchers at Cisco's TALOS team, who discovered the flaw, said that the vulnerability has a lot of potential for exploitation. "This vulnerability is especially concerning as it can be triggered in any application that makes use of the Apple Image I/O API when rendering tiled TIFF images. This means that an attacker could deliver a payload that successfully exploits this vulnerability using a wide range of potential attack vectors including iMessages, malicious web pages, MMS messages, or other malicious file attachments opened by any application that makes use of the Apple Image I/O API for rendering these types of files," Cisco TALOS said in a blog post. -
Cities Struggling To Crack Down On Airbnb Renters (latimes.com)
An anonymous Slashdot reader writes: A California man has been charged with eight misdemeanors for renting several apartments under his own name, and then subletting them all. "Apartments in Santa Monica that might fetch $3500 a month as ordinary rentals, are worth three or four times that on a daily or weekly basis," reports one newsweekly, and the subletter notes that he only received two years of probation plus a $3,500 fine, "what one of my properties makes in a month." On Wednesday three prominent U.S. Senators "called for a regulatory probe into whether short-term rental websites such as Airbnb are taking housing away from long-term renters and pushing up prices," but the number of Americans planning to use Airbnb this summer has apparently already doubled since last year.
The Hotel and Lodging Association of Alaska is complaining that the state's renters "are not required to follow the same state and federal safety mandates that are required for other hotels and lodges creating an unsafe and unfair market for consumers as well as hoteliers." But it seems like currently the only pushback is coming from local and city officials, like the short-term rental rules that Airbnb is currently fighting in their home city of San Francisco. For example, in Maine, the owner of one of Portland's 425 rentals units is now fighting a city order "demanding that he stop renting out part of his home through Airbnb. "Portland has a limited staff to enforce zoning rules, so it comes down on the most egregious cases, said City Hall spokeswoman Jessica Grondin."
I laughed at the quote from the City Hall spokeswoman. "It's kind of like speeding on the highway. You know it is illegal, you do it anyway, and you get caught."