Domain: reuters.com
Stories and comments across the archive that link to reuters.com.
Stories · 2,473
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Uber Face Fines Over Drunk Driving Complaints -- And Lost $2.8 Billion Last Year (usnews.com)
While Uber's bookings doubled last year, the company still showed a net lost of $2.8 billion. And now, "California regulators are recommending that Uber pay a $1.13 million fine for not investigating rider complaints that drivers were working intoxicated." An anonymous reader writes: California "requires ride-hailing companies to have a zero-tolerance policy for driving under the influence of alcohol or drugs," notes Reuters -- and yet Tuesday's order reports that investigators "found no evidence that (Uber) followed up in any way with zero-tolerance complaints several hours or even one full day after passengers filed such complaints." Investigators from the state's Public Utilities Commission are asking the full commission to examine their findings,
"To confirm the policy, regulators analyzed selected complaints against drivers who received three or more complaints," Reuters reports. Though Uber has sometimes suspended drivers within one hour of customer complaints -- 22 times -- they've apparently received 2,047 drug- or alcohol-related complaints between August 2014 and August of 2015. "The company said drivers were banned from working in 574 of those complaints, according to the order. But regulators then reviewed 154 complaints, and determined that the company failed to promptly suspend drivers in 149 complaints. The company also failed to investigate 133 complaints, and did not suspend a driver or investigate 113 complaints, the order shows... In at least 25 instances, Uber failed to suspend or investigate a driver after three or more complaints, the order states."
An Uber spokeswoman said the company had no comment, but "Adding to Uber's challenges, a Reuters investigation found a ten-fold increase in attacks on drivers in Sao Paulo last year, including several murders, after the start of cash payments on its platform at the end of July." And in addition, a judge in Brazil ruled last week that Uber's drivers are employees, which could make Uber liable for a variety of benefits, following a similar ruling in another Brazilian state court.
But there's also some good news for Uber. A court in Rome suspended a ban on Uber in Italy until the company finishes its legal appeal, and a two-month suspension in Taiwan also came to an end after Uber agreed to partner with license rental car companies. -
Microsoft Says US Foreign Intelligence Surveillance Requests More Than Doubled (reuters.com)
Microsoft Corp says it received at least a thousand surveillance requests from the U.S. government that sought user content for foreign intelligence purposes during the first half of 2016. From a report: The amount, shared in Microsoft's biannual transparency report, was more than double what the company said it received under the Foreign Intelligence Surveillance Act (FISA) during the preceding six-month interval, and was the highest the company has listed since 2011, when it began tracking such government surveillance orders. The scope of spying authority granted to U.S. intelligence agencies under FISA has come under renewed scrutiny in recent weeks, sparked in part by evolving, unsubstantiated assertions from President Donald Trump and other Republicans that the Obama White House improperly spied on Trump and his associates. -
Japan Automakers Look To Robots To Keep Elderly On the Move (reuters.com)
Japanese automakers are looking beyond the industry trend to develop self-driving cars and turning their attention to robots to help keep the country's rapidly graying society on the move. From a report: Toyota said it saw the possibility of becoming a mass producer of robots to help the elderly in a country whose population is ageing faster than the rest of the world as the birthrate decreases. The country's changing demographics place its automakers in a unique situation. Along with the issues usually associated with falling populations such as labor shortages and pension squeezes, Japan also faces dwindling domestic demand for cars. Toyota, the world's second largest automaker, made its first foray into commercializing rehabilitation robots on Wednesday, launching a rental service for its walk assist system, which helps patients to learn how to walk again after suffering strokes and other conditions. -
Boeing Expects To Save Millions In Dreamliner Costs Using 3D-Printed Titanium Parts (reuters.com)
According to Reuters, Boeing has hired Norsk Titanium AS to print titanium parts for its 787 Dreamliner, paving the way to cost savings of $2 million to $3 million for each plane. The 3D-printed metal parts will replace pieces made with more expensive traditional manufacturing, thus making the 787 more profitable. From the report: Strong, lightweight titanium alloy is seven times more costly than aluminum, and accounts for about $17 million of the cost of a $265 million Dreamliner, industry sources say. Boeing has been trying to reduce titanium costs on the 787, which requires more of the metal than other models because of its carbon-fiber composite fuselage and wings. Titanium also is used extensively on Airbus Group SE's rival A350 jet. Norsk worked with Boeing for more than a year to design four 787 parts and obtain Federal Aviation Administration certification for them, Chip Yates, Norsk Titanium's vice president of marketing, said. Norsk expects the U.S. regulatory agency will approve the material properties and production process for the parts later this year, which would "open up the floodgates" and allow Norsk to print thousands of different parts for each Dreamliner, without each part requiring separate FAA approval, Yates said. Norsk said that initially it will print in Norway, but is building up a 67,000-square-foot (6,220-square-meter) facility in Plattsburgh in upstate New York, where it aims to have nine printers running by year-end. -
Major Banks and Parts of Federal Gov't Still Rely On COBOL, Now Scrambling To Find IT 'Cowboys' To Keep Things Afloat (reuters.com)
From a report on Reuters: Bill Hinshaw is not a typical 75-year-old. He divides his time between his family -- he has 32 grandchildren and great-grandchildren -- and helping U.S. companies avert crippling computer meltdowns. Hinshaw, who got into programming in the 1960s when computers took up entire rooms and programmers used punch cards, is a member of a dwindling community of IT veterans who specialize in a vintage programming language called COBOL. The Common Business-Oriented Language was developed nearly 60 years ago and has been gradually replaced by newer, more versatile languages such as Java, C and Python. Although few universities still offer COBOL courses, the language remains crucial to businesses and institutions around the world. In the United States, the financial sector, major corporations and parts of the federal government still largely rely on it because it underpins powerful systems that were built in the 70s or 80s and never fully replaced. And here lies the problem: if something goes wrong, few people know how to fix it. The stakes are especially high for the financial industry, where an estimated $3 trillion in daily commerce flows through COBOL systems. The language underpins deposit accounts, check-clearing services, card networks, ATMs, mortgage servicing, loan ledgers and other services. The industry's aggressive push into digital banking makes it even more important to solve the COBOL dilemma. Mobile apps and other new tools are written in modern languages that need to work seamlessly with old underlying systems. That is where Hinshaw and fellow COBOL specialists come in. A few years ago, the north Texas resident planned to shutter his IT firm and retire after decades of working with financial and public institutions, but calls from former clients just kept coming. -
Adidas Plans To Mass-Produce Its First 3D-Printed Shoe (theverge.com)
Adidas has revealed that it will be mass-producing its first 3D-printed shoe, dubbed the Futurecraft 4D. "The mid-sole of the shoe is created using a process known as Continuous Liquid Interface Production, in which the design is essentially pulled out of a vat of liquid polymer resin, and fixed into its desired shape using ultraviolet light," reports The Verge. Adidas is collaborating with Silicon Valley startup Carbon, which created the "Continuous Liquid Interface Production" method that will ultimately make mass-production 3D printing a reality. The Verge reports: [T]his is still new technology, and Adidas isn't leaping two-footed into the 3D-printed future just yet. Only 5,000 pairs of Futurecraft shoes will go on sale later this year, although the company says it aims to produce 100,000 pairs in total by the end of 2018. "This is a milestone not only for us as a company but also for the industry," Adidas' Gerd Manz told Reuters. "We've cracked some of the boundaries." The cost of a pair of Futurecraft 4Ds is not yet known, but Adidas says it will be in the "premium" price range. -
FCC Chairman Ajit Pai Plans Fast-Track Repeal of Net Neutrality (reuters.com)
An anonymous reader quotes a report from Reuters: The chairman of the U.S. Federal Communications Commission is moving quickly to replace the Obama administration's landmark net neutrality rules and wants internet service providers to voluntarily agree to maintain an open internet, three sources briefed on the meeting said Thursday. FCC Chairman Ajit Pai, a Republican appointed by President Donald Trump, met on Tuesday with major telecommunications trade groups to discuss his preliminary plan to reverse the rules, the sources said. The rules approved by the FCC under Democratic President Barack Obama in early 2015 prohibited broadband providers from giving or selling access to speedy internet, essentially a "fast lane," to certain internet services over others. As part of that change, the FCC reclassified internet service providers much like utilities. Pai wants to overturn that reclassification, but wants internet providers to voluntarily agree to not obstruct or slow consumer access to web content, two officials said late Tuesday. The officials briefed on the meeting said Pai suggested companies commit in writing to open internet principles and including them in their terms of service, which would make them binding. It is unclear if regulators could legally compel internet providers to adopt open internet principles without existing net neutrality rules. As part of that move, the Federal Trade Commission would assume oversight of ensuring compliance.Three sources said Pai plans to unveil his proposal to overturn the rules as early as late April and it could face an initial vote in May or June. -
China Court Orders Samsung Units To Pay $11.6 Million To Huawei Over Patent Case (reuters.com)
A Chinese court has ordered Samsung Electronics's mainland subsidiaries to pay 80 million yuan ($11.60 million) to Huawei Technologies for patent infringement, the China firm's first victory against Samsung on its legal challenges over intellectual property. From a report: Three units of Samsung have been ordered by the Quanzhou Intermediary Court to pay the sum for infringing a patent held by Huawei Device Co Limited, the handset unit of Huawei, the Quanzhou Evening News, a government-run newspaper, said on its website on Thursday. The verdict is the first on several lawsuits of Huawei against the South Korean technology giant. Huawei filed lawsuits against Samsung in May in courts in China and the United States -- the first by it against Samsung -- claiming infringements of smartphone patents. Samsung subsequently countersued Huawei in China for IP infringement. -
Kim Dotcom Announces New Bitcoin Venture For Content Uploaders To Earn Money (reuters.com)
Infamous New Zealand-based internet mogul Kim Dotcom plans to launch a Bitcoin payments system for users to sell files and video streaming as he fights extradition to the United States for criminal copyright charges. From a report on Reuters: The German-born entrepreneur, who is wanted by U.S. law enforcement on copyright and money laundering allegations related to his now-defunct streaming site Megaupload, announced his new venture called 'Bitcontent' in a video posted on YouTube this week. "You can create a payment for any content that you put on the internet... you can share that with your customers, with the interest community and, boom, you are basically in business and can sell your content," Dotcom said in the video. He added that Bitcontent would eventually allow businesses, such as news organizations, to earn money from their entire websites. He did not provide a launch date. Dotcom did not provide details on how Bitcontent would differ from existing Bitcoin operations or how it would help news organizations make money beyond existing subscription payment options. -
FCC Limits Order On Charter Extending Broadband Service (reuters.com)
According to Reuters, the FCC has voted on Monday to reverse a requirement imposed under the Obama administration that Charter extend broadband service to 1 million households already served by a competitor. From the report: As a condition of approval for its acquisition of two cable companies, Charter had agreed in May 2016 to extend high-speed internet access to 2 million customers within five years, with 1 million served by a broadband competitor. The decision was a win for a group representing smaller cable companies that sought to overturn the "overbuild" requirement and marked the latest reversal of Obama-era requirements by the new Republican-led FCC under President Donald Trump. Under the new order, Charter, the No. 2 U.S. cable company with 26 million residential and business customers in 41 states, must add service to 2 million additional potential subscribers in places without existing service, FCC spokesperson Mark Wigfield said. Supporters say the move ensures that more people without access to high-speed broadband, especially in some rural and urban areas, will have an option. -
AIG Is Now Selling Cyber Insurance, But Only To High Net Worth Individuals (securityledger.com)
chicksdaddy writes from a report via Security Ledger: It turns out that the rich really aren't like everyone else -- they have more cyber insurance. That, after insurance giant AIG announced Monday that it has started offering cyber insurance to protect individuals and families from ransomware attacks, data theft and cyber bullying, The Security Ledger reports. But don't go looking to sign up at Wal-Mart: the service is only available to AIG's Private Client Group, which caters to high net worth and ultra high net worth individuals and families. The service is the first of its kind to provide what insurers call "first party coverage" -- basically: insurance to make the affected party whole after an adverse incident. In a sign of the times, AIG said it will pay for things like school relocation for children traumatized by cyber bullying and ransom to cyber criminals in the hope of restoring data and technology held hostage by crypto-ransomware. Private Client Group customers must have real estate or other assets like boats or art with a value of more than $1 million, said Jerry Hourihan, president of AIG's Private Client Group for the U.S. and Canada. Hourihan said that the new service is based on similar insurance that AIG offers to businesses and is a response to inquiries and demands from its high net worth clients, who have become increasingly concerned about cyber threats, he said. The insurance would be purchased as a so-called "rider" to a traditional home insurance policy and add about 10% or 15% to the annual premium. It's not a big stretch for AIG because it turns out there's not much daylight between really well off families and businesses. "Our clients have domestic employees and family offices to help manage their lives. They take on quasi commercial exposure," Hourihan said. There are no immediate plans to offer similar protections to families of ordinary means, despite a recent survey by the firm Accenture that found as many as 1 in 4 Americans has been the victim of data theft. (https://securityledger.com/2017/02/silent-epidemic-data-theft-has-become-a-public-health-crisis-digital-guardian/) -
Can Robots Help Children With Autism? (go.com)
An anonymous reader writes: Sunday is World Autism Awareness Day, and landmarks around the world will "light it up blue" as a show of support, including New York's Rockefeller Center and the White House. "Autism spectrum disorders affect an estimated one out of every 68 children in America," President Trump posted Friday, and autistic characters have now even been added to the new Power Rangers movie and on Sesame Street.
But technology could also play a role in improving the live of people with autism spectrum disorders. Reuters is reporting on a robot specifically designed to help teach communication and interaction skills to autistic children, while Vanderbilt University has 20 studies exploring more ways that robotics and technology could help, according to Zachary Warren, an associate professor of pediatrics. "A child may not respond to their mother calling their name but may automatically respond to a robot action or a piece of technology," Warren says after one program which showed improvement in five out of six participants. "If we can use that technology to shift how that child responds, then we may have a very valuable system to that child, that family and maybe for autism intervention." -
Connecticut May Become First US State To Allow Deadly Police Drones (reuters.com)
According to Reuters, Connecticut lawmakers are considering a new bill that would allow police to equip drones with potentially lethal weapons. The bill, which was approved overwhelmingly by the state legislature's judiciary committee on Wednesday, actually aims to ban weaponized drones, but exempts the ban from law enforcement agencies. From the report: Connecticut would become the first U.S. state to allow law enforcement agencies to use drones equipped with deadly weapons if a bill opposed by civil libertarians becomes law. The legislation was introduced as a complete ban on weaponized drones but just before the committee vote it was amended to exclude police from the restriction. "Data shows police force is disproportionately used on minority communities, and we believe that armed drones would be used in urban centers and on minority communities," said David McGuire, executive director of the American Civil Liberties Union in Connecticut. "That's not the kind of precedent we want to set here," McGuire said of the prospect that Connecticut would become the first state to allow police to use lethally armed drones. If Connecticut's Democratic-controlled House passes the bill it will move to the Senate, which is split evenly between Democrats and Republicans. -
Verizon, AT&T, Comcast Say They Will Not Sell Customer Browsing Histories (reuters.com)
Comcast, Verizon, AT&T Inc said Friday they would not sell customers' individual internet browsing information, days after the U.S. Congress approved legislation reversing Obama administration era internet privacy rules. From a report on Reuters: The bill would repeal regulations adopted in October by the Federal Communications Commission under former President Barack Obama requiring internet service providers to do more to protect customers' privacy than websites like Alphabet's Google or Facebook. The easing of restrictions has sparked growing anger on social media sites. "We do not sell our broadband customers' individual web browsing history. We did not do it before the FCC's rules were adopted, and we have no plans to do so," said Gerard Lewis, Comcast's chief privacy officer. He added Comcast is revising its privacy policy to make more clear that "we do not sell our customers' individual web browsing information to third parties." Verizon does not sell personal web browsing histories and has no plans to do so in the future, said spokesman Richard Young. -
AT&T Receives $6.5 Billion To Build Wireless Network For First Responders (reuters.com)
The First Responder Network, FirstNet, an independent arm of the Department of Commerce, has awarded a contract to AT&T to build a nationwide wireless broadband network to better equip first responders. "FirstNet will provide 20MHz of high-value, telecommunications spectrum and success-based payments of $6.5 billion over the next five years to support the network buildout," AT&T said in its announcement. Reuters reports: The effort to set up a public safety network was triggered by communications failures during the Sept. 11, 2001 attacks, when first responders were unable to effectively communicate as they used different technologies and networks. The FirstNet network will help emergency medical personnel, firefighters and police officers communicate vital information on one single network in real time, as opposed to using thousands of separate, incompatible systems. The rollout of the network, which will cover will cover all states, five U.S. territories and the District of Columbia, will begin later this year, AT&T said on Thursday. AT&T will spend about $40 billion over the period of the 25-year agreement to build, operate and maintain the network. -
Westinghouse Files For Bankruptcy, In Blow To Nuclear Power (reuters.com)
An anonymous reader quotes a report from Reuters: Westinghouse Electric Co, a unit of Japanese conglomerate Toshiba Corp, filed for bankruptcy on Wednesday, hit by billions of dollars of cost overruns at four nuclear reactors under construction in the U.S. Southeast. The bankruptcy casts doubt on the future of the first new U.S. nuclear power plants in three decades, which were scheduled to begin producing power as soon as this week, but are now years behind schedule. The four reactors are part of two projects known as V.C. Summer in South Carolina, which is majority owned by SCANA Corp, and Vogtle in Georgia, which is owned by a group of utilities led by Southern Co. Costs for the projects have soared due to increased safety demands by U.S. regulators, and also due to significantly higher-than-anticipated costs for labor, equipment and components. Pittsburgh-based Westinghouse said it hopes to use bankruptcy to isolate and reorganize around its "very profitable" nuclear fuel and power plant servicing businesses from its money-losing construction operation. Westinghouse said in a court filing it has secured $800 million in financing from Apollo Investment Corp, an affiliate of Apollo Global Management, to fund its core businesses during its reorganization. Westinghouse's nuclear services business is expected to continue to perform profitably over the course of the bankruptcy and eventually be sold by Toshiba, people familiar with the matter said. When regulators in Georgia and South Carolina approved the construction of Westinghouse's AP1000 reactors in 2009, it was meant to be the start of renewed push to develop U.S. nuclear power. However, a flood of cheap natural gas from shale, the lack of U.S. legislation to curb carbon emissions and the 2011 Fukushima nuclear accident in Japan dampened enthusiasm for nuclear power. Toshiba had acquired Westinghouse in 2006 for $5.4 billion. It expected to build dozens of its new AP1000 reactors -- which were hailed as safer, quicker to construct and more compact -- creating a pipeline of work for its maintenance division. -
Jeff Bezos Is Now the World's Second Richest Person (bloomberg.com)
An anonymous reader quotes a report from Bloomberg: Jeff Bezos has leapt past Amancio Ortega and Warren Buffett to become the world's second-richest person. Bezos, 53, added $1.5 billion to his fortune as Amazon.com Inc. rose $18.32 on Wednesday, the day after the e-commerce giant said it plans to buy Dubai-based online retailer Souq.com. Bezos has a net worth of $75.6 billion on the Bloomberg Billionaires Index, $700 million more than Berkshire Hathaway Inc.'s Buffett and $1.3 billion above Ortega, the founder of Inditex S.A. and Europe's richest person. Amazon's founder has added $10.2 billion this year to his wealth and $7 billion since the global equities rally began following the election of Donald Trump as U.S. president on Nov. 8. The rise is the third biggest on the Bloomberg index in 2017, after Chinese parcel-delivery billionaire Wang Wei's $18.4 billion gain and an $11.4 billion rise for Facebook Inc. founder Mark Zuckerberg. -
Tesla Deal Boosts Chinese Presence in US Auto Tech (reuters.com)
From a Reuters report:China's Tencent has bought a 5 percent stake in U.S. electric car maker Tesla for $1.78 billion, the latest investment by a Chinese internet company in the potentially lucrative market for self-driving vehicles and related services. Tencent's investment, revealed in a U.S. regulatory filing, provides Tesla with an additional cash cushion as it prepares to launch its mass-market Model 3. Tesla's shares were up 2.9 percent at $277.03 in midday trading on Tuesday, enabling it to rival Ford as the second-most-valuable U.S. auto company behind General Motors. The deal expands Tencent's presence in an emerging investment sector that includes self-driving electric cars, which could enable such new modes of transportation as automated ride-sharing and delivery services, as well as ancillary services ranging from infotainment to e-commerce. -
US Top Court Considers Changing Where Patent Cases May Be Filed (reuters.com)
The U.S. Supreme Court on Monday grappled over whether to upend a quarter-century of practice and limit where patent-infringement lawsuits can be filed. From a report on Reuters: The U.S. Supreme Court struggled over whether to upend nearly 30 years of law governing patent lawsuits that critics say allows often-baseless litigants to sue in friendly courts, giving them the upper hand over high-technology companies such as Apple and Alphabet Google. The justices heard an hour of arguments in an appeal by beverage flavoring company TC Heartland LLC to have a patent infringement suit brought against it by food and beverage company Kraft Heinz moved from federal court in Delaware, where it was filed, to Heartland's home base in Indiana. TC Heartland is challenging a lower court ruling denying a transfer to Indiana. Even though the case did not involve a lawsuit filed in Texas, the arguments involved the peculiar fact that the bulk of patent litigation in the United States is occurring in a single, rural region of East Texas, far from the centers of technology and innovation in the United States. Critics have said the federal court there has rulings and procedures favoring entities that generate revenue by suing over patents instead of making products, sometimes called "patent trolls." The outcome of the TC Heartland case could be profoundly felt in the East Texas courts. The justices could curtail where patent lawsuits may be launched, limiting them to where a defendant company is incorporated and potentially making it harder to get to trial or score lucrative jury verdicts. -
Amazon Wins $1.5 Billion Tax Dispute Over IRS (reuters.com)
Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. From a report: Judge Albert Lauber of the U.S. Tax Court rejected a variety of IRS arguments, and found that on several occasions the agency abused its discretion, or acted arbitrarily or capriciously. Amazon's ultimate tax liability from the decision was not immediately clear. The world's largest online retailer has said the case involved transactions in 2005 and 2006, and could boost its federal tax bill by $1.5 billion plus interest. It also said a loss could add "significant" tax liabilities in later years. Amazon made just $2.37 billion of profit in 2016, four times what it made in the four prior years combined, on revenue of $136 billion. -
US Ordered 'Mandatory Social Media Check' For Visa Applicants Who Visited ISIS Territory (theverge.com)
An anonymous reader quotes a report from The Verge: U.S. Secretary of State Rex Tillerson has ordered a "mandatory social media check" on all visa applicants who have ever visited ISIS-controlled territory, according to diplomatic cables obtained by Reuters. The four memos were sent to American diplomatic missions over the past two weeks, with the most recent issued on March 17th. According to Reuters, they provide details into a revised screening process that President Donald Trump has described as "extreme vetting." A memo sent on March 16th rescinds some of the instructions that Tillerson outlined in the previous cables, including an order that would have required visa applicants to hand over all phone numbers, email addresses, and social media accounts that they have used in the past. The secretary of state issued the memo after a Hawaii judge blocked the Trump administration's revised travel ban on citizens from six predominantly Muslim countries. In addition to the social media check, the most recent memo calls for consular officials to identify "populations warranting increased scrutiny." Two former government officials tell Reuters that the social media order could lead to delays in processing visa applications, with one saying that such checks were previously carried out on rare occasions. -
Twitter Considers Premium Version After 11 Years As a Free Service (reuters.com)
Twitter is considering whether or not to build a premium version of its site for select users. It's unclear what the cost would be at this time, but it's very possible it could be in the form of a subscription. Reuters reports: Like most other social media companies, Twitter since its founding 11 years ago has focused on building a huge user base for a free service supported by advertising. Last month it reported it had 319 million users worldwide. Twitter is conducting a survey "to assess the interest in a new, more enhanced version of Tweetdeck," which is an existing tool that helps users navigate the network, spokeswoman Brielle Villablanca said in a statement on Thursday. She went on: "We regularly conduct user research to gather feedback about people's Twitter experience and to better inform our product investment decisions, and we're exploring several ways to make Tweetdeck even more valuable for professionals." There was no indication that Twitter was considering charging fees from all its users. Word of the survey had earlier leaked on Twitter, where a journalist affiliated with the New York Times posted screenshots of what a premium version of Tweetdeck could look like. That version could include "more powerful tools to help marketers, journalists, professionals, and others in our community find out what is happening in the world quicker," according to one of the screenshots posted on the account @andrewtavani. -
Amazon To Expand Counterfeit Removal Program in Overture To Sellers (reuters.com)
Amazon.com is expanding a program to remove counterfeit goods from its website this spring as part of a broader push to assure brand owners that the online retailer is an ally rather than a threat. From a report: As early as next month, any brand can register its logo and intellectual property with Amazon so the e-commerce company can take down listings and potentially seller accounts when counterfeits are flagged, Peter Faricy, vice president of Amazon Marketplace, said in an interview on Monday. The so-called brand registry, which had been in a test phase, will be widely available for free in North America, Faricy said ahead of his presentation at the Shoptalk commerce conference in Las Vegas. -
Reddit To Transform Into a Social Network With New Profile Pages (digitaljournal.com)
An anonymous reader quotes a report from Digital Journal: Reddit has announced it has begun trialling a radical new profile page design that's reminiscent of Facebook and Twitter. It will evolve the discussion board site towards being a social network by enabling users to post directly to their new profile page. At present, posts on Reddit have to be directed into a specific sub-Reddit community. You can't simply write a post and have it appear across the network which can make it difficult to get your voice heard. Unless you've got some reputation in a relevant sub-Reddit, your posts may end up going unnoticed. That could soon change. Last night, Reddit announced it's working on a drastic revision of its user profile page experience. The site has commenced testing of an early version of the design. According to a report from Reuters, just three "high-profile" users currently have access to the feature. When the new pages are eventually opened up to all, they'll showcase the user's profile picture and description. Below the header, posts from the user will be publicly displayed. The user will be able to add new posts to their page, without submitting to a sub-Reddit. Users will be able to follow each other to stay informed of new posts, effectively creating a social network atmosphere above the discussion boards. -
Google To Revamp Policies, Hire Staff After UK Ad Scandal (reuters.com)
Google vowed on Tuesday to police its websites better by ramping up staff numbers and overhauling its policies after several companies deserted the internet giant for failing to keep their adverts off hate-filled videos. From a report on Reuters: Google has found itself at the center of a British storm in recent days after major companies from supermarkets to banks and consumer groups pulled their adverts from its YouTube site after they appeared alongside videos carrying homophobic and anti-Semitic messages. Alphabet's Google launched a review of the problem on Friday, apologized on Monday and said on Tuesday it had revamped its policies to give advertisers more control. -
FBI Director Comey Confirms Investigation Into Trump Campaign (reuters.com)
FBI Director James Comey confirmed during testimony before Congress Monday that the FBI is investigating whether the Trump campaign colluded with a covert Russian campaign to interfere with the election. From a report on Reuters: Comey told a congressional hearing on Russian activities that the probe "includes investigating the nature of any links between individuals associated with the Trump campaign and the Russian government and whether there was any coordination between the campaign and Russia's efforts. Because it is an open, ongoing investigation and is classified, I cannot say more about what we are doing and whose conduct we are examining," Comey said. Earlier, the chairman of the U.S. House of Representatives Intelligence Committee, Republican Representative Devin Nunes, told the same hearing that the panel had seen no evidence of collusion between Russia and Trump's 2016 campaign. Nunes also denied an unsubstantiated claim from Trump that there had been a wiretap on his Trump Tower in New York but said it was possible other surveillance was used against the Republican. -
Miniature Lab Begins Science Experiments in Outer Space (reuters.com)
An anonymous reader shares a Reuters report: Orbiting the earth at more than 500 kilometers (300 miles), a tiny satellite with a laboratory shrunk to the size of a tissue box is helping scientists carry out experiments that take gravity out of the equation. The technology was launched into space last month by SpacePharma, a Swiss-Israeli company, which on Thursday announced that its first experiments have been completed successfully. In space, with hardly any interference from earth's gravity, cells and molecules behave differently, helping researchers make discoveries in fields from medicine to agriculture. Nestle turned to zero gravity -- or what scientists refer to as microgravity -- to perfect the foam in its chocolate mousse and coffee, while drugmakers like Eli Lilly have used it to improve drug designs. -
BMW Says Self-Driving Car To Be Level 5 Capable In Five Years (reuters.com)
German carmaker BMW is on track to deliver a self-driving car by 2021, the company's senior vice president for Autonomous Driving, Elmar Frickenstein, said on Thursday. From a report: "We are on the way to deliver a car in 2021 with level 3, 4 and 5," Frickenstein told a panel discussion in Berlin, explaining the vehicle will have different levels of autonomy, depending on how and where it is used. A level 5 vehicle is capable of navigating roads without any driver input, while a level 3 car still needs a steering wheel and a driver who can take over if the car encounters a problem. -
Secretary of State Rex Tillerson Allegedly Used Email Alias As Exxon CEO (arstechnica.com)
According to New York Attorney General Eric Schneiderman, Rex Tillerson used an email alias of "Wayne Tracker" to communicate with other Exxon executives about climate change while serving as CEO of Exxon Mobil. "New York Attorney General Eric Schneiderman has been leading an investigation of Exxon Mobil centered on whether the company misled investors by publicly arguing against the reality of climate change even though its executives knew the science was accurate," reports Ars Technica. "The investigation was triggered by news reports describing climate research the company undertook in the 1970s and 1980s, which affirmed the work of other climate scientists and showed that greenhouse gas emissions were causing climate change. Exxon buried that work and spent the next couple decades claiming that the science was unclear, although it has recently publicly acknowledged reality." From the report: The e-mails that were provided allowed the attorney general to figure out that Tillerson used the account between 2008 and 2015 at least, but it didn't appear on Exxon's list of accounts for which records were preserved. The letter also mentions 34 other e-mail accounts "specifically assigned to top executives, board members, or assistants" that the attorney general thinks should have been included. In a statement, an Exxon spokesperson explained, "The e-mail address, Wayne.Tracker@exxonmobil.com, is part of the company's e-mail system and was put in place for secure and expedited communications between select senior company officials and the former chairman for a broad range of business-related topics." The Office of the Attorney General's letter claims that "Exxon has continuously delayed and obstructed the production of documents from its top executives and board members, which are crucial to OAG's investigation into Exxon's touted risk-management practices regarding climate change." -
Arctic Ice Loss Driven By Natural Swings, Not Just Mankind, Says Study (reuters.com)
Alister Doyle, reporting for Reuters: Natural swings in the Arctic climate have caused up to half the precipitous losses of sea ice around the North Pole in recent decades, with the rest driven by man-made global warming, scientists said on Monday. The study indicates that an ice-free Arctic Ocean, often feared to be just years away, in one of the starkest signs of man-made global warming, could be delayed if nature swings back to a cooler mode. Natural variations in the Arctic climate "may be responsible for about 30-50 percent of the overall decline in September sea ice since 1979," the U.S.-based team of scientists wrote in the journal Nature Climate Change. Sea ice has shrunk steadily and hit a record low in September 2012 -- late summer in the Arctic -- in satellite records dating back to 1979. The ice is now around the smallest for mid-March, rivaling winter lows set in 2016 and 2015. The study, separating man-made from natural influences in the Arctic atmospheric circulation, said that a decades-long natural warming of the Arctic climate might be tied to shifts as far away as the tropical Pacific Ocean. -
Germany Plans To Fine Social Media Sites Over Hate Speech (reuters.com)
Germany plans a new law calling for social networks like Facebook to remove slanderous or threatening online postings quickly or face fines of up to 50 million euros ($53 mln). From a report: "This (draft law) sets out binding standards for the way operators of social networks deal with complaints and obliges them to delete criminal content," Justice Minister Heiko Maas said in a statement announcing the planned legislation on Tuesday. Failure to comply could see a social media company fined up to 50 million euros, and the company's chief representative in Germany fined up to 5 million euros. Germany already has some of the world's toughest hate speech laws covering defamation, slander, public incitement to commit crimes and threats of violence, backed up by prison sentences for Holocaust denial or inciting hatred against minorities. It now aims to update these rules for the social media age. -
Volkwagen Finally Pleads Guilty On 'Dieselgate' Charges (cnet.com)
Friday Volkswagen admitted in court that they'd committed fraud in their diesel emissions tests, also pleading guilty to falsifying statements and obstruction of justice. An anonymous reader quotes CNET: It marks the first time VW admitted guilt in any court in the world, according to a VW spokesman speaking to Reuters. The judge overseeing the case in the U.S. District Court in Detroit accepted the plea and will issue a sentence at a hearing on April 21. "The agreements that we have reached with the US government reflect our determination to address misconduct that went against all of the values Volkswagen holds so dear," Volkswagen said in an emailed statement... The road to Dieselgate's conclusion still has plenty of pavement, though. The company is still under investigation by the Securities and Exchange Commission and Internal Revenue Service. And that's in the US alone.
"VW AG is pleading guilty to all three counts because it is guilty on all three counts," the company's general counsel told the judge. Reuters also reports that VW offered to buy back half a million vehicles just in America, and agreed to spend up to $25 billion in the U.S. to address claims from unhappy owners. -
EU Court Sets Limit On 'Right To Be Forgotten' In Company Registers (reuters.com)
The European Union's top court ruled in May 2014 that people could ask search engines, such as Google or Microsoft's Bing, to remove inadequate or irrelevant information from the web results produced from searches for people's names. Today, the court is limiting the so-called "right to be forgotten" principle, ruling that individuals cannot demand that personal data be erased from company records in an official register. Reuters reports: In Thursday's ruling the European Court of Justice said that company registers needed to be public to ensure legal certainty and to protect the interests of third parties. Company registers only contained a limited amount of personal information and, as executives in companies should disclose their identity and functions, it said. This did not constitute too severe an interference in their private lives and personal data. However, the court said there might be specific situations in which access to personal data in company registers could be limited, such as a long period after a company's dissolution. But this should be determined on a case-by-case basis. -
China Expresses Concern at Revelations in Wikileaks Dump of Hacked CIA Data (reuters.com)
China has expressed concern over revelations in a trove of data released by Wikileaks purporting to show that the CIA can hack all manner of devices, including those made by Chinese companies. From a report on Reuters: Dozens of firms rushed to contain the damage from possible security weak points following the anti-secrecy organization's revelations, although some said they needed more details of what the U.S. intelligence agency was up to. Widely-used routers from Silicon Valley-based Cisco were listed as targets, as were those supplied by Chinese vendors Huawei and ZTE and Taiwan supplier Zyxel for their devices used in China and Pakistan. "We urge the U.S. side to stop listening in, monitoring, stealing secrets and internet hacking against China and other countries," Chinese Foreign Ministry spokesman Geng Shuang told a daily news briefing. -
China's ZTE Pleads Guilty, Will Pay $1.19 Billion For Violating US Trade Sanctions (reuters.com)
An anonymous reader quotes a report from Reuters: Chinese telecom equipment maker ZTE Corp will plead guilty and pay $1.19 billion ($892 million in the Iran case) to settle allegations it violated U.S. laws that restrict the sale of American-made technology to Iran and North Korea, the company and U.S. government agencies said on Tuesday. ZTE entered into an agreement to plead guilty to conspiring to violate the International Emergency Economic Powers Act, obstruction of justice and making a material false statement, the U.S. Justice Department said. The Commerce Department investigation followed reports by Reuters in 2012 that ZTE had signed contracts to ship millions of dollars worth of hardware and software from some of the best-known U.S. technology companies to Iran's largest telecoms carrier. Between January 2010 and January 2016, ZTE directly or indirectly shipped approximately $32 million of U.S.-origin items to Iran without obtaining the proper export licenses from the U.S. government. ZTE then lied to federal investigators during the investigation when it insisted that the shipments had stopped, Justice said. It also took actions involving 283 shipments of controlled items to North Korea, authorities said. Shipped items included routers, microprocessors and servers controlled under export regulations for security, encryption and anti-terrorism reasons. -
Consumer Reports To Consider Cyber Security in Product Reviews (reuters.com)
Consumer Reports, an influential U.S. non-profit group that conducts extensive reviews of electronic products, cars, kitchen appliances and other goods, is gearing up to start considering cyber security and privacy safeguards when scoring products. From a report: The group, which issues scores that rank products it reviews, said on Monday it had collaborated with several outside organizations to develop methodologies for studying how easily a product can be hacked and how well customer data is secured. Consumer Reports will gradually implement the new methodologies, starting with test projects that evaluate small numbers of products, Maria Rerecich, the organization's director of electronics testing, said in a phone interview. "This is a complicated area. There is going to be a lot of refinement to get this right," Rerecich said. The effort follows a surge in cyber attacks leveraging easy-to-exploit vulnerabilities in webcams, routers, digital video recorders and other connected devices, which are sometimes collectively referred to as the internet of things. -
The US Waged A Secret Cyber War Against North Korean Missiles (tampabay.com)
Early Monday morning North Korea fired four ballistic missiles into the sea of Japan, lending a new urgency to Saturday's revelation from the New York Times of America's "secret cyberwar" with North Korea. Slashdot reader Frosty Piss summarizes its suspected effects succinctly: "Soon after ex-President Obama ordered the secret program three years ago, North Korean missiles began exploding, veering off course, or crashing into the sea."
The Times reports the program was started when Obama "concluded that the $300 billion spent since the Eisenhower era on traditional anti-missile systems...had failed the core purpose of protecting the continental United States," with tests of missile interceptors showing an overall failure rate of at least 56%. But after interviewing government officials, the Times concludes that the U.S. "still does not have the ability to effectively counter the North Korean nuclear and missile programs." Options include escalating the cyber and electronic warfare, trying to negotiate a freeze, asking the Chinese to cut off trade and support, or preparing for direct missile strikes on the launch sites, "which Obama also considered, but there is little chance of hitting every target." The New York Times article concludes: The White House is looking at military options against North Korea, a senior Trump administration official said. Putting U.S. tactical nuclear weapons back in South Korea -- they were withdrawn a quarter-century ago -- is also under consideration, even if that step could accelerate an arms race with the North. -
Court Throws Out $533 Million Verdict Against Apple Over Data Storage Patent (9to5mac.com)
An anonymous reader quotes a report from 9to5Mac: The U.S. Court of Appeals for the Federal Circuit made a decision today to throw out the verdict of a two-year old legal case against Apple based on data storage patents. The original verdict reached by a Texas jury stuck Apple with $533 million in damages. Smartflash LLC targeted game developers who largely all settled out of court in 2014, but Apple defended its use of data storage management and payment processing technology in court. Reuters has more on the new developments: "The trial judge vacated the large damages award a few months after a Texas federal jury imposed it in February 2015, but the U.S. Court of Appeals for the Federal Circuit said on Wednesday the judge should have ruled Smartflash's patents invalid and set aside the verdict entirely. A unanimous three-judge appeals panel said Smartflash's patents were too 'abstract' and did not go far enough in describing an actual invention to warrant protection." -
White House Supports Renewal of Spy Law Without Reforms (reuters.com)
An anonymous reader quotes a report from Reuters: The Trump administration does not want to reform an internet surveillance law to address privacy concerns, a White House official told Reuters on Wednesday, saying it is needed to protect national security. The announcement could put President Donald Trump on a collision course with Congress, where some Republicans and Democrats have advocated curtailing the Foreign Intelligence Surveillance Act, or FISA, parts of which are due to expire at the end of the year. The FISA law has been criticized by privacy and civil liberties advocates as allowing broad, intrusive spying. It gained renewed attention following the 2013 disclosures by former National Security Agency contractor Edward Snowden that the agency carried out widespread monitoring of emails and other electronic communications. Portions of the law, including a provision known as Section 702, will expire on Dec. 31 unless Congress reauthorizes them. Section 702 enables two internet surveillance programs called Prism and Upstream, classified details of which were revealed by Snowden. Democratic and Republican lawmakers have said reforms to Section 702 are needed, in part to ensure the privacy protections on Americans are not violated. The U.S. House of Representatives' Judiciary Committee met Wednesday to discuss possible changes to the law. -
NSA Risks Talent Exodus Amid Morale Slump, Trump Fears (reuters.com)
Dustin Volz and Warren Strobel, writing for Reuters: The National Security Agency risks a brain-drain of hackers and cyber spies due to a tumultuous reorganization and worries about the acrimonious relationship between the intelligence community and President Donald Trump, according to current and former NSA officials and cybersecurity industry sources. Half-a-dozen cybersecurity executives told Reuters they had witnessed a marked increase in the number of U.S. intelligence officers and government contractors seeking employment in the private sector since Trump took office on Jan. 20. One of the executives, who would speak only on condition of anonymity, said he was stunned by the caliber of the would-be recruits. They are coming from a variety of government intelligence and law enforcement agencies, multiple executives said, and their interest stems in part from concerns about the direction of U.S intelligence agencies under Trump. Retaining and recruiting talented technical personnel has become a top national security priority in recent years as Russia, China, Iran and other nation states and criminal groups have sharpened their cyber offensive abilities. NSA and other intelligence agencies have long struggled to deter some of their best employees from leaving for higher-paying jobs in Silicon Valley and elsewhere. -
Uber Says Thousands of London Drivers Threatened By English Language Test (reuters.com)
Costas Pitas, writing for Reuters: Tens of thousands of London private hire drivers could lose their licenses due to new English reading and writing requirements, taxi app Uber said on Tuesday at the start of a court battle to halt the plans. San Francisco-based Uber, which allows users to book journeys at the touch of a button on their smartphone, has grown rapidly in recent years but faced bans and protests around the world as regulators play catch-up with technology disrupting traditional operators. Uber launched legal action in August after public body Transport for London (TfL) said that drivers should have to prove their ability to communicate in English, including to a standard of reading and writing which Uber says is too high. "It produces the profoundest of human effects. At one extreme it will lead to the loss of livelihood," Uber's lawyer Thomas de la Mare told the High Court in London. There are over 110,000 private hire drivers in the British capital, according to TfL but around 33,000 would fail to pass their renewal test due to the new language hurdle, de la Mare told the court, citing a calculation of data provided by TfL. -
Ask Slashdot: How Are You Responding To Cloudbleed? (reuters.com)
An anonymous IT geek writes: Cloudflare-hosted web sites have been leaking data as far back as September, according to Gizmodo, which reports that at least Cloudflare "acted fast" when the leak was discovered, closing the hole within 44 minutes, and working with search engines to purge their caches. (Though apparently some of it is still lingering...) Cloudflare CEO Matthew Prince "claims that there was no detectable uptick in requests to Cloudflare-powered websites from September of last year...until today. That means the company is fairly confident hackers didn't discover the vulnerability before Google's researchers did."
And the company's CTO also told Reuters that "We've seen absolutely no evidence that this has been exploited. It's very unlikely that someone has got this information... We do not know of anybody who has had a security problem as a result of this." Nevertheless, Fortune warns that "So many sites were vulnerable that it doesn't make sense to review the list and change passwords on a case-by-case basis." Some sites are now even resetting every user's password as a precaution, while site operators "are also being advised to wipe their sites' cookies and security certificates, and perform their own web searches to see if site data leaked." But I'd like to know what security precautions are being taken by Slashdot's readers?
Leave your own answers in the comments. How did you respond to Cloudbleed? -
Founder of India's $4 Smartphone Firm Arrested on Allegations of Fraud (reuters.com)
Remember the $4 smartphone from India? Yeah, things haven't really materialized. Reuters reports: The founder of an Indian tech firm that shot to prominence by offering a $4 smartphone has been arrested on allegations of fraud, after a handset dealer accused the company of not refunding him for an unfulfilled order, the police said. Mohit Goel, the founder of Ringing Bells, was arrested Thursday afternoon in Uttar Pradesh and will be produced in court later on Friday, said Rahul Srivastav, a police spokesman from the northern Indian state. Goel and his company made headlines last year with the "Freedom" smartphone, which was priced at 251 rupees ($3.77), attracting strong demand but also widespread scepticism and scrutiny from regulators even in price-conscious India, where cheap smartphones are big sellers. The founder was arrested after a dealer said he had paid 3 million Indian rupees for an order of handsets but had received only a fraction of the order. He further said some of the phones received were defective, according to the police. -
Tech Breakthroughs Take a Backseat in Upcoming Apple iPhone Launch (reuters.com)
Stephen Nellis, reporting for Reuters: The new iPhone is expected to include new features such as high-resolution displays, wireless charging and 3-D sensors. Rather than representing major breakthroughs, however, most of the innovations have been available in competing phones for several years. Apple's relatively slow adoption of new features both reflects and reinforces the fact smartphone customers are holding onto their phones longer. Timothy Arcuri, an analyst at Cowen & Co, believes upwards of 40 percent of iPhones on the market are more than two years old, a historical high. That is a big reason why investors have driven Apple shares to an all-time high. There is pent-up demand for a new iPhone, even if it does not offer breakthrough technologies. It is not clear whether Apple deliberately held off on packing some of the new features into the current iPhone 7, which has been criticized for a lack of differentiation from its predecessor. Still, the development and roll-out of the anniversary iPhone suggest Apple's product strategy is driven less by technological innovation than by consumer upgrade cycles and Apple's own business and marketing needs. -
US Homeland Security Employees Locked Out of Computer Networks (reuters.com)
Dustin Volz, reporting for Reuters: Some U.S. Department of Homeland Security employees in the Washington area and Philadelphia were unable to access some agency computer networks on Tuesday, according to three sources familiar with the matter. It was not clear how widespread the issue was or how significantly it affected daily functions at DHS, a large government agency whose responsibilities include immigration services, border security and cyber defense. In a statement, a DHS official confirmed a network outage that temporarily affected four U.S. Citizenship and Immigration Services (USCIS) facilities in the Washington area due to an "expired DHS certificate." Reuters first reported the incident earlier Tuesday, which a source familiar with the matter said also affected a USCIS facility in Philadelphia. Employees began experiencing problems logging into networks Tuesday morning due to a problem related to domain controllers, or servers that process authentication requests, which could not validate personal identity verification (PIV) cards used by federal workers and contractors to access certain information systems, according to the source. -
TransferWise Launches International Money Transfers Via Facebook (reuters.com)
Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook's Messenger, as competition in the digital payments landscape intensifies. From a report on Reuters: The London-based startup said on Tuesday that it had developed a Facebook Messenger "chatbot", or an automated program that can help users communicate with businesses and carry out tasks such as online purchases. TransferWise's chatbot enables customers to send money to friends and family to and from the United States, Britain, Canada, Australia and Europe from Facebook Messenger. It can also be used to set up exchange rate alerts. Facebook already allows its users to send money domestically in the United States via its Messenger app, but has not yet launched similar services internationally. TransferWise said its service will be the first to enable international money transfers entirely within Messenger. -
EU Privacy Watchdogs Say Windows 10 Settings Still Raise Concerns (reuters.com)
Julia Fioretti, reporting for Reuters: European Union data protection watchdogs said on Monday they were still concerned about the privacy settings of Microsoft's Windows 10 operating system despite the U.S. company announcing changes to the installation process. The watchdogs, a group made up of the EU's 28 authorities responsible for enforcing data protection law, wrote to Microsoft last year expressing concerns about the default installation settings of Windows 10 and users' apparent lack of control over the company's processing of their data. The group -- referred to as the Article 29 Working Party -- asked for more explanation of Microsoft's processing of personal data for various purposes, including advertising. "In light of the above, which are separate to the results of ongoing inquiries at a national level, even considering the proposed changes to Windows 10, the Working Party remains concerned about the level of protection of users' personal data," the group said in a statement which also acknowledged Microsoft's willingness to cooperate. -
Kim Dotcom Can Be Extradited, Rules A New Zealand Court (reuters.com)
Kim Dotcom -- and Megaupload's programmers Mathias Ortmann and Bram van der Kolk, as well as its advertising manager Finn Batato -- could soon be in a U.S. courtroom. A New Zealand judge just ruled they can all be extradited to the U.S. An anonymous reader quotes Reuters: The Auckland High Court upheld the decision by a lower court in 2015 on 13 counts, including allegations of conspiracy to commit racketeering, copyright infringement, money laundering and wire fraud, although it described that decision as "flawed" in several areas. Dotcom's lawyer Ron Mansfield said in a statement the decision was "extremely disappointing" and that Dotcom would appeal to New Zealand's Court of Appeal.
U.S. authorities say Dotcom and three co-accused Megaupload executives cost film studios and record companies more than $500 million and generated more than $175 million by encouraging paying users to store and share copyrighted material. High Court judge Murray Gilbert said that there was no crime for copyright in New Zealand law that would justify extradition but that the Megaupload-founder could be sent to the United States to face allegations of fraud.
"I'm no longer getting extradited for copyright," Dotcom commented on Twitter. "We won on that. I'm now getting extradited for a law that doesn't even apply. -
GM Plans To Build, Test Thousands of Self-Driving Bolts In 2018 (reuters.com)
An anonymous reader quotes a report from Reuters: General Motors Co plans to deploy thousands of self-driving electric cars in test fleets in partnership with ride-sharing affiliate Lyft Inc, beginning in 2018, two sources familiar with the automaker's plans said this week. It is expected to be the largest such test of fully autonomous vehicles by any major automaker before 2020, when several companies have said they plan to begin building and deploying such vehicles in higher volumes. Most of the specially equipped versions of the Chevrolet Bolt electric vehicle will be used by San Francisco-based Lyft, which will test them in its ride-sharing fleet in several states, one of the sources said. GM has no immediate plans to sell the Bolt AV to individual customers, according to the source. In a statement on Friday, GM said: "We do not provide specific details on potential future products or technology rollout plans. We have said that our AV technology will appear in an on-demand ride sharing network application sooner than you might think." -
SoftBank Is Willing To Cede Control of Sprint To Get T-Mobile Merger Done, Says Report (phonedog.com)
According to Reuters, SoftBank is willing to cede control of Sprint to make a T-Mobile-Sprint merger happen. The company controls 83 percent of Sprint, but it'd reportedly be willing to surrender control of Sprint and retain a minority stake in a merger with T-Mobile. PhoneDog reports: It's said that SoftBank is growing frustrated with Sprint's lack of major growth in the U.S. market, and so it wants to merge with T-Mobile in order to better compete with Verizon and ATT. No talks between SoftBank and Deutsche Telekom are currently happening because of the FCC's 600MHz spectrum auction that prevents collusion between competing companies. Once the auction ends in April, though, it's expected that SoftBank will approached Deutsche Telekom about a deal.