Slashdot Mirror

The American Cable Association (ACA), an industry group that represents over 700 small and medium-sized cable operators, wants antitrust regulators to investigate whether Comcast-NBCUniversal is abusing its power to hurt smaller television and internet service providers. The group has "asked U.S. Assistant Attorney General Makan Delrahim to 'immediately' open an investigation into Comcast's practices," reports The Verge. Comcast is denying the claims, and while the Justice Department hasn't publicly responded, that may change soon. President Donald Trump tweeted about the ACA's claims earlier this afternoon. From the report: The ACA claims Comcast has a uniquely powerful hold on the U.S. cable industry because it controls a large chunk of "must have" programming like NBC's regional sports channels. The group argues that the Comcast "has shown a willingness to harm rivals" in the past, even while bound by a 2011 consent decree that expired earlier this year. The letter is dated November 6th but was published today, after Fox Business Networks reported on its existence last week.

Contra Trump's description, the letter doesn't seem to describe "routine" violations of antitrust law. It's primarily arguing that there's a huge risk of Comcast abusing its market position, while explaining just how much damage could result if Comcast did so. The ACA has put forward more concrete claims in the past, though -- like a 2017 complaint that Comcast was forcing smaller cable providers to bundle unwanted NBC-owned channels into TV packages, driving up their costs. The ACA's letter also raises concerns involving Hulu, suggesting that Comcast could effectively hold the service hostage. "We have heard from ACA members that they fear that ComcastNBCU may restrict, if it is not already restricting, their ability to access Hulu and make it available to their customers as an alternative to their cable offerings," reads the letter.

Elon Musk sat down with California comedian Joe Rogan on Thursday evening for a 2 1/2-hour podcast [YouTube video] that touched upon everything from flamethrowers and artificial intelligence to the end of the universe. Talking about AI, a subject Musk has long been very vocal about, he said artificial intelligence could turn out to be terrible or it could end up being great, but one thing that is certain is that it will be beyond human's control. From a report: "You kind of have to be optimistic about the future. There's no point in being pessimistic," said the head of Tesla and SpaceX. "I rather be optimistic and wrong, than pessimistic and right. [...] It's not necessarily bad, but it's going to be outside of human control. It's going to be very tempting to use AI as a weapon, said Musk. "It will be used as a weapon. The on ramp to serious AI will be more humans using it against eachother. That will be the danger."

Musk says he has tried to convince people to slow down where AI is concerned and regulate it, but nobody listened. "The way that regulation works is slow. Usually there will be some new technology that will cause damage or death, there will be an outcry, there will be an investigation," said the Tesla CEO. "Years will pass, there will be some insight committee, then rule making and oversight and eventually regulations. This all takes many years. This is the normal course of things." Musk used the example that it took ten years for seatbelts to become required, even though the number of deaths were obvious. He says this time frame doesn't work for AI. "We can't wait ten years to the point where something is dangerous to do something about AI. It will be too late," said Musk.

Tyson Foods, the world's second largest processor and marketer of chicken, beef, and pork, announced it has invested in Silicon Valley startup Memphis Meats, a company that makes lab-grown meat using animal cells. The investment amount was not disclosed, but it follows a slew of other high-profile backers including Cargill Inc., Bill Gates and Richard Branson. Fox Business reports: Last December, Tyson made a similar investment in another meatless startup called Beyond Meat, investing a roughly 5% stake in the company that produces plant-based meat alternatives. Tyson CEO Tom Hayes told FOX Business in March of last year that he sees plant-based protein as a big part of the company's future. "If you take a look at the FAO (Food and Agriculture Organization) stats, protein consumption is growing around the world -- and it continues to grow. It's not just hot in the U.S.; it's hot everywhere, people want protein, so whether it's animal-based protein or plant-based protein, they have an appetite for it. Plant-based protein is growing almost, at this point, a little faster than animal-based, so I think the migration may continue in that direction," Hayes told FOX Business. Memphis Meats, which debuted its first animal-free meatball in 2016, followed by the world's first chicken strip in 2017, said customers should expect to see these products on store shelves by 2021 or 2022.

What's happening to Google's 1,100 Gbikes? The Mercury News reports: Last summer, it emerged that some of the company's bikes -- intended to help Googlers move quickly and in environmentally friendly fashion around the company's sprawling campus and surrounding areas -- were sleeping with the fishes in Stevens Creek. And now, a new report has revealed that 100 to 250 Google bikes go missing every week, on average. "The disappearances often aren't the work of ordinary thieves, however. Many residents of Mountain View, a city of 80,000 that has effectively become Google's company town, see the employee perk as a community service," the Wall Street Journal reported.

And for the company, here's one Google bike use case that's got to burn a little: 68-year-old Sharon Veach told the newspaper that she sometimes uses one of the bicycles as part of her commute: to the offices of Google's arch foe, Oracle... Mountain View Mayor Ken Rosenberg even admitted to helping himself to a Google bike to go to a movie after a meeting at the company's campus, according to the WSJ.
One Silicon Valley resident reportedly told a neighbor that "I've got a whole garage full of them," while Veach describes the bikes as "a reward for having to deal with the buses" that carry Google employees. Google has already hired 30 contractors to prowl the city in five vans looking for lost or stolen bikes -- only a third of which have GPS trackers -- and they eventually recover about two-thirds of the missing bikes.

They've discovered them as far away as Mexico, Alaska, and the Burning Man festival in Nevada.

Saudi Arabia became the first country in the world to offer citizenship to a humanoid robot, but Brad Keywell, CEO of Uptake, a predictive analytics technology company, told FOX Business on Thursday artificial intelligence (AI) will not replace humans anytime soon. From a report: "Humans are made super-human through the intelligence that can be derived from these sensors and there is a clear argument that's made about the possibility that there will be no humans, there'd be just autonomous everything... but this is something that has historically involved humans and I just don't see that changing," he told Maria Bartiromo on "Mornings with Maria." Uptake's products are used in a collection of industries ranging from energy to aviation, helping "people and machines work better and faster," according to the company website.

Michael Balsamo, writing for Associated Press: The FBI hasn't been able to retrieve data from more than half of the mobile devices it tried to access in less than a year, FBI Director Christopher Wray said Sunday, turning up the heat on a debate between technology companies and law enforcement officials trying to recover encrypted communications. In the first 11 months of the fiscal year, federal agents were unable to access the content of more than 6,900 mobile devices, Wray said in a speech at the International Association of Chiefs of Police conference in Philadelphia. "To put it mildly, this is a huge, huge problem," Wray said. "It impacts investigations across the board -- narcotics, human trafficking, counterterrorism, counterintelligence, gangs, organized crime, child exploitation." The FBI and other law enforcement officials have long complained about being unable to unlock and recover evidence from cellphones and other devices seized from suspects even if they have a warrant, while technology companies have insisted they must protect customers' digital privacy.

An anonymous reader shares a report: Amazon, disrupter of industries from book selling to grocery shopping, has found its latest sector to upend -- recruiting at the nation's elite business schools. The Seattle-based retail giant is now the top recruiter at the business schools of Carnegie Mellon University, Duke University and University of California, Berkeley. It is the biggest internship destination for first-year M.B.A.s at the University of Michigan, Massachusetts Institute of Technology, Dartmouth College and Duke. Amazon took in more interns from the University of Chicago's Booth School of Business than either Bain & Co. or McKinsey & Co., which were until recently among the school's top hirers of interns, according to Madhav Rajan, Booth's dean. All told, Amazon has hired some 1,000 M.B.A.s in the past year, according to Miriam Park, Amazon's director of university programs -- a drop in the bucket for a company that plans to add 50,000 software developers in the next year. But Amazon's flood-the-zone approach to recruiting and hiring future M.B.A.s -- in some cases before they have taken a single business-school course -- is feeding the career frenzy on campus and rankling some rival recruiters. The talent wars begin even before classes do. This past June, Amazon sponsored an event at its Seattle headquarters for 650 soon-to-be first-year and returning women M.B.A. students, some of whom left the event with internship offers for summer 2018.

Takashi Mochizuki and Sarah E. Needleman report via The Wall Street Journal (Warning: source may be paywalled; alternative source): Nintendo's latest videogame machine, the Nintendo Switch, is winning fans for both its lineup of popular games and its flexibility -- it works as both a living-room console and a hand-held device. But the real challenge for gamers has been actually getting their hands on it. Production isn't keeping up with demand in Japan, resulting in blockbuster queues and lotteries there. Over weekends in July and early August, tens of thousands of fans lined up at stores for a one-in-10 chance to buy the $300 console at events that have become a form of entertainment. Nintendo's official target is to ship 10 million Switch units in its current fiscal year ending in March 2018. People involved in the supply chain say they have been told to prepare for 18 million units. One executive in the supply chain said his company was ready to pick up the pace of production if asked. One delicate balance for Nintendo: The more it tries to boost output quickly, the more it has to bow to the terms of parts makers, some of whom are also busy with orders for Apple Inc.'s next iPhone. "We're doing everything we can to make sure everyone who wants to buy a Nintendo Switch system can do so," Nintendo said in a statement. "We will ramp up production for the holiday period, which has been factored into our forecast."

An anonymous reader shares a report: A Charlotte-based startup says e-commerce king Amazon jacked up their suggested retail price during the company's annual discount event -- Prime Day -- to deceive consumers into thinking that they were getting a deal, when in reality, they weren't. Jason Jacobs, founder of Remodeez, a small company that specializes in non-toxic foot deodorizers and other odor stoppers, says he had an agreement with Amazon since 2015 on a suggested retail price of $9.99 for his products and was shocked after the tech giant almost doubled that on Prime Day to make it look like people were getting a discount, when they were actually paying full price. "They showed the product at $15.42 and then exed it out to put '$9.99 for Amazon Prime Day.' And on the final day, the price was like $18.44. So, we put a support ticket in right away and I rallied some friends through social media to go to their complaint board and complain," Jacobs tells FOX Business.

Mark Zuckerberg is trying to understand America, so he's embarked on a journey to meet people like hockey moms and steelworkers who don't typically cross his path. But there are rules to abide by if you are an ordinary person about to meet an extraordinary entrepreneur. From a report: Rule One: You probably won't know Mr. Zuckerberg is coming. Rule Two: If you do know he's coming, keep it to yourself. Rule Three: Be careful what you reveal about the meeting. While the Facebook CEO has built a social network that inspired people around the world to share the most intimate details about their personal lives, his team goes to extraordinary lengths to keep his movements under wraps and control how he is perceived. Midway through a "personal challenge" to travel to 30 states he'd never visited, the 33-year old aims "to talk to more people about how they're living, working and thinking about the future," he wrote in January on his Facebook page. Among those people was Kyle McKasson, manager of the Wilton Candy Kitchen, a century-old shop on the town square in Wilton, Iowa. He was at work one Monday afternoon in June when two men and a woman dressed in jeans and button-down shirts entered the store, which is a regular stop on Iowa's presidential campaign circuit.

An anonymous reader shares a report: For years, Nike was one of the biggest holdouts against Amazon.com, refusing to provide its sneakers and athletic clothing for sale on the hulking e-commerce site. Its products were so cool, the company reasoned, it didn't need or want the help. Recently, Nike reversed course. Behind that decision lies a dramatic shift in the balance of power between brands and Amazon (Editor's note: the link could be paywalled; syndicated source). For decades, big consumer brands carefully controlled which retailers could sell their wares and at what prices. And for years, Amazon left the brands alone. Lately, the explosion of third-party sellers on the site has led to authentic goods from companies such as Nike, Chanel, The North Face, Patagonia and Urban Decay being sold on Amazon even though they don't authorize the sales, undercutting their grip on pricing and distribution. Even though Nike didn't send Amazon its products either directly or through approved wholesalers, Nike is the most purchased apparel brand on the site, according to a Morgan Stanley survey. A recent search for Nike products on Amazon turned up roughly 73,000 items. These days, there are so many third-party resellers, who generally are allowed to resell goods they have lawfully acquired at whatever price they want, that companies see few ways to stop them.

hackingbear quotes Dow Jones Newswire: Chinese technology companies have long had a reputation of being copycats of Western peers, but U.S. companies have recently begun to return the favor, said a partner at prominent venture-capital firm Andreessen Horowitz... China's internet titans such as Tencent Holdings Ltd. are influencing U.S. startups and majors alike, and many Chinese models are being replicated in the U.S., said Connie Chan, a partner at the Silicon Valley venture firm. LimeBike, a startup at San Mateo, Calif., adapted China's dockless bike-sharing model, first rolled out by Beijing-based Ofo Inc. and Beijing Mobike Technology Co., for U.S. consumers... Also, Apple Inc. recently added payment services to its iMessage chat service, taking a page from Tencent's playbook. "I love this reversal of what 'China copycat' can mean," she said. "It no longer just means a Chinese company copying the States, it can mean a U.S. company copying China."

The Wall Street Journal reports that the trend towards remote working "is inexorable" in America's labor force, with 43% of workers now doing at least some of their work from home (up from 39% in 2012), and 20% now working entirely from home (up from 15%). An anonymous reader writes: Besides lowering an employer's rent, telecommuting also makes employees happier, which helps with both recruiting and retention according to the Journal. Automattic, maker of WordPress, is able to have an almost entirely remote workforce of 558 employees spread across more than 50 countries. But it depends on getting the right set of tools. Automattic uses Slack for conversations, Zoom for videoconferences, "and its own internal system of threaded conversations for documenting everyone's work and for major decisions." One of the company's "happiness engineers" even says online communicaton has created "radical transparency," since it's possible to read and search through internal communcations. Just remember that not every job can work remotely, according to Dell's chief human resources officer. "Engineering, leadership, R&D, sales and customer support -- those are roles that don't lend themselves very well to remote work."
It'd be interesting to hear the experiences of Slashdot's readers. Anyone want to share their own experiences with working remotely -- or of working with remote co-workers?

It's no secret that Facebook has taken inspiration from Snapchat, an app it couldn't purchase. The flagship features of Snapchat are now available across all of Facebook's owned services. But how do Facebook executives address the accusations that Facebook is copying Snapchat? In a Q&A with WSJ, Instagram CEO Kevin Systrom said: Stories is definitely similar to Snapchat. I think anyone would say that. The first time you see a product show up somewhere else it feels a lot like copying but imagine a world where the only car was the Ford Model T. I'm really glad there are a lot of car companies producing different cars. Just because they have wheels and windows and AC doesn't mean that you're copying. You've got DreamWorks and Pixar and Disney, they're all doing computer-animated film. That doesn't mean they're copying each other. They're building upon a technology. I would just judge [Stories] based on how many people use it actively, which is over 200 million every day. It clearly provides unique value to people that they're not getting elsewhere.

An anonymous reader writes: Will millions be unemployed after a job-destroying robot apocalypse? That's "starkly at odds with the evidence," argues a Wall Street Journal columnist, who says the real problem is robots aren't destroying enough jobs. "Too many sectors, such as health care or personal services, are so resistant to automation that they are holding back the entire country's standard of living." Noting that "churn relative to total employment" is the lowest it's ever been, he writes that "The pessimism would be more plausible if the evidence weren't moving in exactly the opposite direction...

"In April, nonfarm private employment rose for the 86th straight month, the longest such streak on record. Monthly job creation has averaged 185,000 this year, more than double what the U.S. can sustain given its demographics. This has driven unemployment down to 4.4%, a 10-year low and below most estimates of 'full employment.' Growing labor shortages have boosted the typical worker's annual wage gain to more than 3% now from 2% in 2012, according to the Federal Reserve Bank of Atlanta. Instead of worrying about robots destroying jobs, business leaders need to figure out how to use them more, especially in low-productivity sectors... The alternative is a tightening labor market that forces companies to pay ever higher wages that must be passed on as inflation, which usually ends with recession.

"That is a more imminent threat than an army of androids."

Hackers are targeting the growing population of third-party sellers on Amazon.com using stolen credentials to post fake deals and steal cash. From a report: In recent weeks, attackers have changed the bank-deposit information on Amazon accounts of active sellers to steal tens of thousands of dollars from each (Editor's note: the link could be paywalled; alternative source), according to several sellers and advisers. Attackers also have hacked into the Amazon accounts of sellers who haven't used them recently to post nonexistent merchandise for sale at steep discounts in an attempt to pocket the cash, those people say. The fraud stems largely from email and password credentials stolen from previously hacked accounts and then sold on what's dubbed the "dark web," a network of anonymous internet servers where hackers communicate and trade illicit information. Such hacks previously have favored sites such as PayPal and eBay, but Amazon recently has become a target of choice, according to cybersecurity experts.

Intel has announced a drone called the "Shooting Star" that has the potential to augment or replace fireworks. The drone weighs about as much as a volleyball and can light up in 4 billion color combinations for commercial entertainment light shows. MarketWatch reports: Whether drone-focused light shows will prove to be more cost-efficient is a bigger question. The devices would only have to be purchased once, but would likely cost much more than a standard small-scale fireworks show. Small-town holiday fireworks displays typically cost about $2,000 to $7,000 for a basic show, according to Premier Pyrotechnics, while the city of Houston spent an estimated $100,000 on its 2016 Fourth of July fireworks show, according to Houston Business Journal. On a grander scale, estimates suggest Macy's Inc. may spend $6 million on its annual Fourth of July fireworks show. Intel's drones are not publicly for sale, and the chip maker would not disclose how much they would cost. For now, the drones are proof of the ability to automate multiple drone flights at once, using software that could be adapted to commercial applications like mapping or inspections.

An anonymous reader shares an article on Fox Business: As fast-food workers across the country vie for $15 per hour wages, many business owners have already begun to take humans out of the picture. "I was at the National Restaurant Show yesterday and if you look at the robotic devices that are coming into the restaurant industry -- it's cheaper to buy a $35,000 robotic arm than it is to hire an employee who's inefficient making $15 an hour (warning: autoplaying video) bagging French fries -- it's nonsense and it's very destructive and it's inflationary and it's going to cause a job loss across this country like you're not going to believe," said former McDonald's USA CEO Ed Rensi during an interview on the FOX Business Network's Mornings with Maria. According to the Bureau of Labor Statistics, 1.3 million people earned the current minimum wage of $7.25 per hour with about 1.7 million having wages below the federal minimum in 2014. These three million workers combined made up 3.9 percent of all hourly paid workers.

cold fjord writes: General Michael Hayden (Retired), who served as head of both the NSA and CIA, has taken a position supporting Apple in its conflict with the FBI. Apple is fighting a court order to assist the FBI in breaking into the government owned phone used by one of the two dead terrorists responsible for the recent San Bernardino massacre. General Hayden stated, "You can argue this on constitutional grounds. Does the government have the right to do this? Frankly, I think the government does have a right to do it. You can do balancing privacy and security dead men don't have a right to privacy. I don't use those lenses. My lens is the security lens, and frankly, it's a close but clear call that Apple's right on just raw security grounds. ... I get why the FBI wants to get into the phones but this may be a case where we've got to give up some things in law enforcement and even counter terrorism in order to preserve this aspect, our cybersecurity."

An anonymous reader writes: Following the recent news that Verizon has ended smartphone subsidies, now Sprint has announced it is ending two-year contracts as well. This leaves AT&T as the last of the major carriers to offer such a plan. Most consumers will now have to get used to paying full price for their phones, though Sprint is also running a phone-leasing plan that lets people pay an additional $22/month for an 16GB iPhone, with yearly upgrades.

An anonymous reader writes "Stan Lee Media and The Walt Disney Co. have taken their arguments to the U.S. Court of Appeals over who owns the rights (and profits) to Marvel characters. Though Disney bought Marvel in 2009, Stan Lee Media (no longer associated with Stan Lee, himself) still claims copyright of the characters."

Victoria is someone we'd all like to sit down with and learn from. She's worked as a software engineer for Ford, as an engineer for Sun, as founder and CEO of a company called Grid Dynamics, and as founder and CEO of her latest company, Qubell. Before that, she and her husband taught chess. Here's an article in which Victoria talks about "Envisioning a New Language" back in 2005 when she was still at Sun. Because of this and other early musings on what came to be called network computing, grid computing, and later cloud computing, Victoria has been called "the mother of the cloud." Maybe, maybe not. In any case, she knows a great deal about cloud developments. For this conversation she brought along Qubell's CTO, Stan Klimoff, who also knows his stuff.

This interview doesn't cover all we learned from Victoria and Stan, just all we could fit into our new "keep videos under 10 minutes" mandate, which we don't mind because, in return, there's a new button that lets you skip preroll ads longer than 30 seconds after only five seconds. Yay! We'll post another conversation with Victoria next week or the week after. We're looking forward to it and hope you are, too.

Hugh Pickens DOT Com writes: "Reuters reports that Wal-Mart has sued Visa for $5 billion, accusing the credit and debit card network of excessively high card swipe fees. Wal-mart is seeking damages from price fixing and other antitrust violations that it claims took place between January 1, 2004 and November 27, 2012. In its lawsuit, Wal-Mart contends that Visa, in concert with banks, sought to prevent retailers from protecting themselves against those swipe fees, eventually hurting sales. 'The anticompetitive conduct of Visa and the banks forced Wal-Mart to raise retail prices paid by its customers and/or reduce retail services provided to its customers as a means of offsetting some of the artificially inflated interchange fees,' says Wal-Mart in court documents. 'As a result, Wal-Mart's retail sales were below what they would have been otherwise.' Interchange fees, the industry term for card-swipe fees, have been a major point of contention between retailers and banks. The fees are set by Visa and other card networks and collected by card-issuing banks like J.P. Morgan Chase & Co. Retailers have argued that the fees had been set too high due to a lack of competition with the two payment industry giants.

Wal-Mart also took a shot against Visa over payment card security. Data breaches last year at Target Corp., Neiman Marcus and others have drawn attention to the country's slow adoption of card technology that uses computer chips and PIN numbers and is seen as less susceptible to fraud than the current system of magnetic stripes. 'Wal-Mart was further harmed by anti-innovation conduct on the part of Visa and the banks,' says the lawsuit, 'such as perpetuating the use of fraud-prone magnetic stripe system in the U.S. and the continued use of signature authentication despite knowledge that PIN authentication is more secure, a fact Visa has acknowledged repeatedly.'"

New submitter rwise2112 writes "German engineering company Bosch said Friday that it is abandoning its solar energy business, because there is no way to make it economically viable.'We have considered the latest technological advances, cost-reduction potential and strategic alignment, and there have also been talks with potential partners,' Bosch CEO Volkmar Denner said. 'However, none of these possibilities resulted in a solution for the solar energy division that would be economically viable over the long term.'"

Hugh Pickens writes "William D. Hartung, director of the Arms and Security Project at the Center for International Policy, writes that although we have been bombarded with tales of woe about the potentially devastating impacts of cutting the Pentagon budget 8% under the sequester, examples of egregious waste and misplaced spending priorities at the Pentagon abound. One need look no further than the department's largest weapons program, the F-35 combat aircraft, which has just been grounded again after a routine inspection revealed a crack on a turbine blade in the jet engine of an F-35 test aircraft in California. Even before it has moved into full-scale production, the plane has already increased in price by 75%, and it has so far failed to meet basic performance standards. By the Pentagon's own admission, building and operating three versions of the F-35 — one for the Air Force, one for the Navy and one for the Marines — will cost more than $1.4 trillion over its lifetime, making it the most expensive weapons program ever undertaken. And in an era in which aerial combat is of diminishing importance and upgraded versions of current generation U.S. aircraft can more than do the job, it is not at all clear that we need to purchase more than 2,400 of these planes. Cutting the two most expensive versions of the F-35 will save over $60 billion in the next decade."

theodp writes "Following up on an announcement that it would rid itself of 4,000 employees world-wide and renege on a deal with the State of Illinois, Google's Motorola Mobility unit said it has filed a new patent-infringement case against Apple, which seeks a ban on U.S. imports of devices including the iPhone, iPad and Mac computers. 'Apple's unwillingness to work out a license leaves us little choice but to defend ourselves and our engineers' innovations,' Motorola Mobility said in an e-mailed statement."

First time accepted submitter gtirloni writes "Just days after wrapping up the biggest initial public offering in Silicon Valley history, shares of Facebook slumped 6% and tumbled below their issue price on Monday, a troubling signal for the newly-public social network. Facebook broke below its $38-a-share issue IPO price in the wake of a highly-anticipated offering that raised more than $16 billion, the second-largest domestic IPO after Visa's 2008 debut. Shares of Facebook were recently off 6.44% to $35.72."

schwit1 writes "Shares of Netflix soared more than 6% Monday on a report that Verizon Communications is considering buying the troubled movie renter. Verizon is reportedly evaluating whether a purchase of Netflix could provide an entry into the video delivery business, DealReporter said, citing a source close to the matter. The news comes as Netflix continues to struggle from a series of missteps earlier this year when it raised subscription prices and separated its DVD-by-mail service and streaming. Netflix's stock price plunged to a new 52-week low two weeks ago when the company warned it would fall to a loss in 2012 if it failed to boost its bruised customer base."

blair1q writes "Popular (and heavily advertised) poker website Full-Tilt Poker was sued today by the U.S. government, following an investigation that revealed it to be a massive Ponzi Scheme. The principals in the company set up a complicated system to direct funds from subscribers' poker accounts into their own bank accounts. This was in contravention of their own claim that users' money was untouched. Players' accounts amounted to $390 million, but the company only has $60 million in the bank, having over time distributed $440 million to its own directors and executives."

tekgoblin writes "Although Sony may be restoring services on the PlayStation Network around the world, one country has said 'No.' Japan has not yet given Sony approval to start up their online services, making the company wait until they have proven that they have taken the necessary measures to secure their network against another incident."

An anonymous reader writes "Federal authorities have seized Internet domain names used by three major poker companies. The indictment charges eleven defendants (PDF), including the founders of PokerStars, Full Tilt Poker and Absolute Poker, with bank fraud, money laundering and illegal gambling offenses, according to Federal authorities in New York. The United States also filed a civil money laundering and in rem forfeiture complaint against the poker companies, their assets, and the assets of several payment processors for the poker companies."

ageoffri writes "Amazon has announced that they will include streaming with a subscription to Amazon Prime. The free 2 day shipping on a huge selection of products either sold directly by Amazon or fulfilled by Amazon is already worth the Prime cost. Now add in streaming that works out to just under $7/month and it gets better. Sure the selection isn't that great yet but this has the ability to really change the streaming market!"

It's not just the writers anymore: carluva writes "The American Society of Media Photographers (ASMP) and several other visual artist groups are suing Google over its digitization of of millions of books, claiming copyright infringement related to images within the books. The photographers initially wanted to be included in the authors' and publishers' class action suit, but filed their own suit after that request was denied. Google and others assert that images are only included in the digital copies when permission has been obtained from the copyright holder."

Extreme economic problems require extreme solutions, and Wells Fargo Bank has come up with a good one. They have decided to sue themselves. Wells Fargo holds the first and second mortgages on a condominium that is going into foreclosure. As holder of the first, they are suing all other lien holders, including the holder of the second, which is Wells Fargo. It gets better. The company has hired a lawyer to defend itself against its own lawsuit. The defense lawyer even filed this answer to the complaint, "Defendant admits that it is the owner and holder of a mortgage encumbering the subject real property. All other allegations of the complaint are denied." On the website The Consumer Warning Network, Angie Moreschi wrote: "We've apparently reached the perfect storm for complete and utter idiocy by some banks trying to foreclose on homes."

Anonymusing writes "Not long ago, professional video gamer Emmanuel Rodriguez earned a base $30K salary plus prize winnings in the Championship Gaming Series. However, with the economy suffering, sponsors like DirecTV and News Corporation are backing out, leaving Rodriguez with a more typical job for a 23-year-old: store clerk. After the demise of the CPL and the Championship Gaming Series last year, the only major pro gamer league left is Major League Gaming, though it expects to turn a profit this year — some of its players earn more than six figures from the $1 million in prizes given throughout the season, while others are putting off college to work on their gaming careers." A recent story in the LA Times discusses how the games industry slow-down is hitting game developers hard as well. Conversely, the used game market is seeing significant growth — it'll be interesting to see what publishers learn from this.

p1234 writes "India and the US plan to cooperate in the exploration and use of outer space. India's first mission to the moon, Chandrayaan-1, is scheduled to be launched later this year. This is the culmination of long-term planning on both sides of the Atlantic. Apart from India's moon mission, Nair said a probe of Mars by India was very much on the agenda.'Our scientific community would like to see what new things we can find. It is not just for the sake of sending a probe to Mars. Yes, we have an agenda by 2012, by then we should have a Mars mission.'"