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U.S. corporate dealmakers were likely to put major merger plans on hold as they assess whether U.S. President-elect Donald Trump will follow through on his populist promises and a threat to block AT&T's purchase of Time Warner, or act more like traditional business-friendly Republican administrations. From the report:Trump's rhetoric and the personal nature of the campaign, which included little discussion of policy, left many uncertain about the new U.S. leader's plans, including how his administration will handle mega-mergers. Wall Street braced for a drop in deals, with Goldman Sachs on Wednesday projecting a 20 to 30 percent downside for earnings of banks that focus on merger and acquisition advice, and Jefferies saying that uncertainty about Trump's policy on trade, healthcare, taxes and energy could hamper underwriting activity and M&A globally. "I think a lot of deals will hit the pause button for a bit until we get some clarity on whether President Trump will moderate or be as disruptive as some expect," said a senior Wall Street banker who asked not to be named because he was not authorized to speak with the media. "It's going to be a tough environment for everything until we see how [Trump] behaves as a leader," the banker added.

General Motors plans to lay off 2,000 employees at two U.S. auto plants in early 2017, the automaker said on Wednesday. From a Reuters report:GM said it will furlough the employees when it cuts the third shift at its Lordstown, Ohio and Lansing, Michigan plants in mid-January. The Lordstown plant builds the compact Chevrolet Cruze, whose U.S. sales through October were down 20 percent. The Lansing Grand River plant builds the Cadillac ATS and CTS, whose sales were down 17 percent through October.An anonymous reader shares an excerpt from a Washington Examiner report, "Trump has already criticized General Motors for reports that it would shift some production to Mexico, a plan that the company hasn't confirmed and didn't allude to Wednesday. The incoming Republican president also has said that he would impose a 35 percent tariff on the products of former U.S. subsidiaries that moved out of the country. When Ford announced the opening of a new factory in Mexico earlier this year, Trump called it an "absolute disgrace" and pledged to tax its imports to the U.S."

An anonymous reader writes: Despite consumers continuing to criticize corporate attempts at monetising data, they are happily handing over data to major tech companies such as Facebook, according to the head of Telefonica Deutschland, Thorsten Dirks. Dirks argued that there is a double standard among consumers who 'scrutinize any attempt to make money off their data', while at the same time 'handing over data voluntarily to companies such as Google and Facebook.' These firms, he opined, are stealing away business across the very infrastructure that telcos have invested billions in. Calling for a wide debate around data privacy in Germany, Dirks said that he was looking into ways to make money from Telefonica Deutschland's huge store of customer data. One proposition was to leverage the anonymised data of its 44 million mobile subscribers' location and movements to support crowd and traffic control.

An anonymous reader shares a Reuters report: The election of Donald Trump as U.S. president puts new pressure on automakers and other manufacturers that have become dependent on open trade with Mexico, and raises the risk they will face higher costs. Automakers could also take a hit if instability in financial markets undercuts the confidence of consumers in the United States and other major markets at a time when growth in U.S. auto sales has stalled. Investors sold off U.S. stocks and the dollar in reaction to Trump's unexpected win. Shares in Japanese automakers, which also rely on Mexico as a production hub for the U.S. market, slid as well, underperforming the benchmark Nikkei index, which fell 5 In afternoon Tokyo trade, shares in Toyota Motor Corp were down 6.5 pct, Nissan Motor Co Ltd was down 6.0 pct, while Honda Motor Co fell 7.8 pct. U.S. manufacturing groups and companies on Wednesday said they want to work with the new administration.

Facebook's decision to change WhatsApp's privacy policy hasn't gone down well with many. While Facebook didn't even flinch when several people requested that the company shouldn't break its original promise of not sharing any data with Facebook, the social juggernaut has -- for whatever reason -- decided to comply with Britain's privacy watchdog's advisory. The watchdog said Monday that Facebook has agreed to suspend using data from UK users of its WhatsApp app. From a Reuters report: The watchdog said the social media giant faces action if it uses such data without valid consent. The Information Commissioner's Office (ICO) had said in August that it would monitor WhatsApp's new privacy policy, after WhatsApp, acquired by Facebook in 2014, said it would share user data with its parent company. "We're pleased that they've agreed to pause using data from UK WhatsApp users for advertisements or product improvement purposes," the head of ICO, Elizabeth Denham, said in a statement. "If Facebook starts using the data without valid consent, they may face enforcement action from my office," she said. The regulator said it had also asked Facebook and WhatsApp to sign an undertaking committing to better explaining to customers how their data would be used and to give them ongoing control over the information. However, the companies have so far not agreed.

Samsung plans to launch an "artificial intelligence" digital assistant with its upcoming Galaxy S8 smartphone, it told Reuters. The announcement comes a month after the company acquired AI startup Viv, a voice assistant that aims to handle everyday tasks for you on its own. The company plans to incorporate this capability on its home appliances and wearable devices as well. From the report:Samsung is counting on the Galaxy S8 to help revive smartphone momentum after scrapping the fire-prone Galaxy Note 7, which will hit its profit by $5.4 billion over three quarters through the first quarter of 2017. Investors and analysts say the Galaxy S8 must be a strong device in order for Samsung to win back customers and revive earnings momentum. Samsung did not comment on what types of services would be offered through the AI assistant that will be launched on the Galaxy S8, which is expected to go on sale early next year. It said the AI assistant would allow customers to use third-party service seamlessly. "Developers can attach and upload services to our agent," said Samsung Executive Vice President Rhee Injong during a briefing, referring to its AI assistant. "Even if Samsung doesn't do anything on its own, the more services that get attached the smarter this agent will get, learn more new services and provide them to end-users with ease."

Chinese internet authorities have formalized controversial rules regulating the country's fast-growing live-streaming video industry, in a move that strips out smaller competitors and places hard-line surveillance measures on leading firms. Reuters reports:In an announcement posted on their website on Friday, the Cyberspace Administration of China grouped a handful of earlier restrictions under a final 24-point regulation that will come into effect on Dec. 1. The rules require streaming services to log user data and content for 60 days, and work with regulators to provide information on users who stream content that the government deems threatening to national security or social order. Both users and providers are punishable under the regulations. The law also codifies rules that ban online news broadcasting services from original reporting, requiring them to identify sources and non-selectively reproduce state-sanctioned information.

Last week, we wrote about a federal lawsuit that is challenging a New York state law that makes it a misdemeanor to show a marked election ballot to others. Today, we learn that a federal judge has refused to block enforcement of the law. Reuters reports: U.S. District Judge Kevin Castel in Manhattan said it would "wreak havoc on election-day logistics" to issue a preliminary injunction against the law, which prohibits the display of "ballot selfies." Three voters sued on Oct. 26 to block enforcement of the law, saying that sharing ballot selfies was a form of speech protected by the U.S. Constitution's First Amendment. But the judge said that because of the imminence of next Tuesday's election, the voters needed to show a "clear or substantial likelihood" that their lawsuit would succeed before he could issue an injunction, and that they had not done so. "The public's interest in orderly elections outweighs the plaintiffs' interest in taking and posting ballot selfies," though they remained free to express their political message through "other powerful means," Castel wrote. Leo Glickman, a lawyer for the voters, said in an interview his clients were disappointed by the ruling and do not plan to appeal it, but will keep pressing their case ahead of the 2017 election cycle. "People should be able to express themselves freely by photographing their marked ballots and putting them on social media feeds," he said, adding that state legislators have expressed interest in having the law repealed.

Google plans to double down on its efforts to help developers of Android apps build their businesses as concerns mount that the app economy has reached saturation. The company is sharpening Google Play store recommendations with AI and expanding support for various payment platforms, among other initiatives, reports Reuters, citing company's top executive. From the article:Many smartphone users, meanwhile, appear to have tired of downloading apps altogether, especially as messaging services like Snapchat perform more of the functions that once required a separate app. Games remain a focus of the Google Play store, and Nintendo is building a version of its popular Super Mario Run game for Android, said Sameer Samat, who leads product management for the Google Play store. The store is also expanding to new platforms, including wearable devices, virtual reality headsets and Google's Chromebook laptops. "What we are excited about is giving developers that single entry point for more and more of the computing ecosystem," said Samat. Google has eased the once-complicated process of developing apps for the Play store, said James Knight, a former Google employee who launched Pembroke, a consultancy that helps developers convert Apple-compatible iOS apps to Android. A big part of Google's new effort involves emerging markets, where Android is stronger relative to the iPhone. To improve app recommendations for users, the Play store has also made extensive use of machine learning, a branch of artificial intelligence that gleans insights from vast troves of data.

Google said Thursday it is rejecting accusations made by European Union that it abuses its dominant position with its shopping and advertising services, ramping up its fight back against the bloc's regulators. "The Commission's revised case still rests on a theory that doesn't fit the reality of how most people shop online," said Kent Walker, Google's general counsel, in a blog post. From a report on Reuters: "We never compromised the quality or relevance of the information we received. On the contrary, we improved it. That isn't 'favoring' -- that's listening to our customers," Walker said. His comments came as the company formally replied to the two charges, one of which it received in April last year and the other in July this year, earlier on Thursday.The official blog post here. Further reporting on Bloomberg.

An anonymous reader quotes a report from Reuters: Chipmaker Broadcom Ltd said it would buy Brocade Communications Systems Inc for $5.5 billion, pushing deeper into the fast-growing market for network equipment used in data centers. The deal, the latest in a consolidating chip sector, will allow Broadcom to corner a larger share of the data center products market by using Brocade's fiber channel switches that speed up data transfer between servers and storage devices. Singapore-based Broadcom, formerly Avago Technologies, is known for its connectivity chips used in products ranging from mobiles to servers, while California-based Brocade makes networking switches, software and storage products. Broadcom said it planned to sell Brocade's networking business, which makes controllers and access points that help businesses offer high-speed internet to their customers, to avoid competing with its top customers such as Cisco Systems Inc.

The world may be increasingly becoming digital, but a small group of the Wall Street elite refuses to say anything substantive in an email, text, or chat, and some will not communicate digitally at all. From a Reuters report: This group, which includes top bankers like JPMorgan Chase & Co Chief Executive Officer Jamie Dimon and powerful investors like Carl Icahn and Berkshire Hathaway Inc's Warren Buffett, were eschewing electronic communications long before the probe of U.S. presidential candidate Hillary Clinton's emails and the recent hacks of her campaign manager's account made headlines. Some on Wall Street are nostalgic for a time when in-person conversations or phone calls were the norm, but others believe the words they type and send can come back to haunt them. Prosecutors have built insider trading, mortgage fraud and rate-rigging cases on embarrassing emails over the past several years, and they are often the most memorable part. Recent email woes among Washington power players have provided yet another reason for bankers to try to protect private correspondence from prying eyes. Dimon uses email but is known to keep his replies short and factual, favoring "yes," "no" and "thank you."

An anonymous reader quotes a report from Reuters: Microsoft Corp said on Tuesday that a hacking group previously linked to the Russian government and U.S. political hacks is behind recent cyber attacks that exploit a newly discovered flaw in its Windows operating system. Microsoft said that a patch to defend Windows users against this sort of attack will be released on Nov. 8. The software maker said in an advisory on its website there had been a small number of attacks using "spear phishing" emails from a hacking group known Strontium, which is more widely known as "Fancy Bear" or APT 28. A U.S. intelligence expert on Russian cyber activity said that Fancy Bear primarily works for or on behalf of the GRU, Russia's military intelligence agency, which U.S. intelligence officials have concluded were responsible for hacks of Democratic Party databases and emails. Microsoft said the attacks exploited a vulnerability in Adobe Systems Inc's Flash software and one in the Windows operating system. Adobe released a patch for that vulnerability on Monday as security researchers with Google went public with details on the attack.

Comma.ai founder George Hotz, who has spent the good part of his past year criticizing competitors and their technologies, sent out a series of tweets Friday, saying that Comma.ai, a startup that aimed at offering semi-autonomous driving system, will be pulling out of the U.S. market in response to requests from federal regulators. From a Reuters report: The intervention, by the U.S. National Highway Traffic Safety Administration, came before Comma.ai began marketing its device. It is the latest signal that regulators want more control over the development and deployment of self-driving vehicle systems by vehicle manufacturers and suppliers, after a period in which they took a largely hands-off approach. The NHTSA on Friday disclosed an Oct. 27 letter to Comma.ai stating that the agency is investigating whether the company's device, called Comma One, complies with federal regulations. The letter and an accompanying special order demanded that Comma.ai provide the agency with information about the device and warned that the agency could prohibit the sale of the system if it were found to be defective.

Instead of buying a new iPhone model, some Chinese iPhone owners are giving their old models a makeover to look like the latest version -- a trend that could dent Apple's efforts to boost sales in what has been its biggest growth driver. Catherine Cadell, reporting for Reuters: Online sites offer shoppers makeover kits, false cameras and even dust plugs to hide the removed headphone jack to give their iPhone 6 or 6S the appearance of the iPhone 7 -- Apple's latest flagship product which launched last month. The makeover quirk mirrors a broader view among some Chinese users that the iPhone 7 doesn't have enough new features to convince them to trade up. "I don't have the money to upgrade, and the (iPhone) 7 is just so-so," said a Beijing-based sales worker, who said he was getting a Shenzhen firm to replace his iPhone 6 back casing with a fake iPhone 7 shell. "I'm changing it to show off," he said, giving only his surname Gao as he wasn't sure that what he was doing was legal. Searches on platforms including Alibaba's Taobao showed a range of products to transform older phones to an iPhone 7 -- from stickers and engraving services to replacing the outer casing and even some of the hardware.

An anonymous reader quotes a report from Reuters: Obama administration officials briefed key congressional staffers last week about a secret court order to Yahoo that prompted it to search all users' incoming emails for a still undisclosed digital signature, but they remain reluctant to discuss the unusual case with a broader audience. Executive branch officials spoke to staff for members of the Senate and House of Representatives committees overseeing intelligence operations and the judiciary, according to people briefed on the events, which followed Reuters' disclosure of the massive search. But attempts by other members of Congress and civil society groups to learn more about the Yahoo order are unlikely to meet with success anytime soon, because its details remain a sensitive national security matter, U.S. officials told Reuters. Release of any declassified version of the order is unlikely in the foreseeable future, the officials said. The decision to keep details of the order secret comes amid mounting pressure on the U.S. government to be more transparent about its data-collection activities ahead of a congressional deadline next year to reauthorize some foreign intelligence authorities. On Tuesday, more than 30 advocacy groups will send a letter to Director of National Intelligence James Clapper asking for declassification of the Yahoo order that led to the search of emails last year in pursuit of data matching a specific digital symbol. The groups say that Title I of the Foreign Intelligence Surveillance Act, under which sources said the order was issued, requires a finding that the target of such a wiretap is probably an agent of a foreign power and that the facility to be tapped is probably going to be used for a transmission. An entire service, such as Yahoo, has never publicly been considered to be a "facility" in such a case: instead, the word usually refers to a phone number or an email account.

The planet could pass a key target on world temperature rise in about a decade, prompting accelerating loss of glaciers, steep declines in water availability, worsening land conflicts and deepening poverty, scientists said this week. But the planet is already two-thirds of the way to that lower and safer goal, and could begin to pass it in about a decade, according to Richard Betts, head of climate impacts research at the UK Met Office's Hadley Centre. Reuters reports: With world emissions unlikely to slow quickly enough to hit that target, it will probably be necessary to remove some carbon pollution from the atmosphere to stabilize the planet, scientists said. That could happen by planting forests or by capturing and then pumping underground emissions from power plants. But other changes -- such as reducing food waste and creating more sustainable diets, with less beef and fewer imported greenhouse vegetables -- could also play a big role in meeting the goal, without so many risks, he said.

An anonymous reader writes:Chinese firm Hangzhou Xiongmai said it will recall some of its products sold in the United States after it was identified by security researchers as having made parts for devices that were targeted in a major hacking attack on Friday. Hackers unleashed a complex attack on the Internet through common devices like webcams and digital recorders, and cut access to some of the world's best known websites in a stunning breach of global internet stability. The electronics components firm, which makes parts for surveillance cameras, said in a statement on its official microblog that it would recall some of its earlier products sold in the United States, strengthen password functions and send users a patch for products made before April last year. It said the biggest issue was users not changing default passwords, adding that, overall, its products were well protected from cyber security breaches. It said reports that its products made up the bulk of those targeted in the attack were false. "Security issues are a problem facing all mankind. Since industry giants have experienced them, Xiongmai is not afraid to experience them once, too," the company statement said.

Though regulators may not agree, "Time Warner and AT&T reps claim this is necessary just to compete," warns Mr D from 63. Reuters reports: The tie-up of AT&T Inc and Time Warner Inc, bringing together one of the country's largest wireless and pay TV providers and cable networks like HBO, CNN and TBS, could kick off a new round of industry consolidation amid massive changes in how people watch TV... Media content companies are having an increasingly difficult time as standalone entities, creating an opportunity for telecom, satellite and cable providers to make acquisitions, analysts say. Media firms face pressure to access distribution as more younger viewers cut their cable cords and watch their favorite shows on mobile devices. Distribution companies, meanwhile, see acquiring content as a way to diversify revenue.
The deal reflects "big changes in consumption of video particularly among millennials," according to one former FCC commissioner, and the article also reports that the deal "will face serious opposition." Massachusetts Democrat Edward Markey warned "we need more competition, not more consolidation... Less competition has historically resulted in fewer choices and higher prices for consumers..." And in a Saturday speech, Donald Trump called it " an example of the power structure I'm fighting...too much concentration of power in the hands of too few."

In what would likely be one of the largest telecommunications takeovers in American history, Bloomberg is reporting that ATT has discussed the idea of a possible merger or other partnership with Time Warner Inc (may be paywalled; alternate source). Bloomberg reports: The talks, which at this stage are informal, have focused on building relations between the companies rather than establishing the terms of a specific transaction, the people said, asking not to be identified as the deliberations are private. Neither side has yet hired a financial adviser, the people said. Acquiring Time Warner would give ATT, one of the biggest providers of pay-TV and of wireless and home internet service in the U.S., a collection of popular programming to offer to subscribers, from HBO to NBA basketball to the Cartoon Network. ATT CEO Randall Stephenson has been looking to add more content and original programming as part of his plan to transform the Dallas-based telecommunications company into a media and entertainment giant. Time Warner Chief Executive Officer Jeff Bewkes is a willing seller if he gets an offer he thinks is fair, said one of the people. Bewkes and his board rejected an $85-a-share approach in 2014 from Rupert Murdoch's 21st Century Fox Inc., which valued Time Warner at more than $75 billion. Last year, ATT paid $48.5 billion to acquire satellite-TV provider DirecTV, its biggest deal in at least 10 years, according to data compiled by Bloomberg. ATT has been developing an internet-based version of the pay-TV service, called DirecTV now.

John Bassett, a British spy who worked for the agency GCHQ for nearly two decades, has told Daily Express that the U.S. was considering plans to employ thousands of robots by 2025. At a meeting with police and counter-terrorism officials in London, he said: "At some point around 2025 or thereabouts the U.S. army will actually have more combat robots than it will have human soldiers. Many of those combat robots are trucks that can drive themselves, and they will get better at not falling off cliffs. But some of them are rather more exciting than trucks. So we will see in the West combat robots outnumber human soldiers." Daily Express reports: Robotic military equipment is already being used by the U.S Navy and Air Force, in the shape of drones and autonomous ships. In April robotic warfare took a major leap forward after the U.S. Navy launched its very first self-piloting ship designed to hunt enemy submarines. Drones have been a feature of U.S. operations in the Middle East to disrupt terrorist groups. However, those aircrafts are still controlled by humans operating from bases in the U.S. Mr. Bassett also said artificial intelligence and robots technology would combine to create powerful fighting machines. The cyber security expert said: "Artificial intelligence, robotics in general, those will begin to mesh together."

A blockchain platform developed by a group that includes more than 70 of the world's biggest financial institutions is making its code publicly available, in what could become the industry standard for the nascent technology, reports Reuters. From the article: The Corda platform has been developed by a consortium brought together by New-York-based financial technology company R3. It represents the biggest shared effort among banks, insurers, fund managers and other players to work on using blockchain technology in the financial markets. Blockchain, which originated in the digital currency bitcoin, works as a web-based transaction-processing and settlement system. It creates a "golden record" of any given set of data that is automatically replicated for all parties in a secure network, eliminating any need for third-party verification. Banks reckon the technology could save them money by making their operations faster, more efficient and more transparent. They are racing to build products using the technology that will generate new revenue, with dozens of patent applications filed for blockchain-based products by Wall Street's top lenders. R3 says it hopes its platform will become the industry standard, although its intention is indeed for firms to build products on top of it.

Alexandra Valencia, reporting for Reuters: Ecuador's government acknowledged on Tuesday it had partly restricted internet access for Julian Assange, the founder of anti-secrecy group WikiLeaks who has lived in the South American country's London embassy since mid-2012. WikiLeaks said Assange lost connectivity on Sunday, sparking speculation Ecuador might have been pressured by the United States due to the group's publication of hacked material linked to U.S. Democratic presidential candidate Hillary Clinton. In a statement, Ecuador's leftist government said WikiLeaks' decision to publish documents impacting the U.S. election campaign was entirely its own responsibility, and the South American country did not cede to pressure from other nations. "In that respect, Ecuador, exercising its sovereign right, has temporarily restricted access to part of its communications systems in its UK Embassy," it added in a statement. "The Ecuador government respects the principle of non-intervention in other countries' affairs, it does not meddle in election processes underway, nor does it support any candidate specially."

Netflix shares jumped as much as 20 percent on Tuesday, after the company added 50 percent more subscribers than expected in the third quarter. Reuters adds: At least 10 brokerages, including Goldman Sachs and RBC Capital Markets, raised their price targets on the stock, praising the company's focus on developing original content. The video streaming company also said it was getting ready to spend $6 billion on content next year, up $1 billion from 2016. "The benefits of Netflix-produced original content including attractive economics and greater control are clear and we believe returns on original spend are high," J.P. Morgan Securities analyst Doug Anmuth said in a research note. Strong subscriber additions after two quarters of disappointing growth helped Netflix post a 31.7 percent jump in third-quarter revenue. Anmuth said he believed Netflix was on track toward 60 million plus subscribers in the United States and about 100 million internationally by 2020.A study by IHS Markit this month noted that both Netflix and Amazon are challenging major networks by upping spending on original shows. The study noted that Amazon and Netflix both had doubled spending on new shows in the last two years. Amazon dropped $1.22 billion in 2013 and spent $2.67 billion in 2015. Netflix's spending on original content rose from $2.38 billion to $4.91 billion over the same period.

An anonymous reader shares a Reuters report: London's transport bosses said on Monday that all drivers of private hire vehicles must speak, listen to, read and write English to a set level, intensifying a battle with taxi app Uber which says the expected standard is too high. Earlier this year, the capital's transport authority said it would introduce the measure as part of a series of stricter rules on apps such as Uber and private hire firms like Addison Lee whilst supporting the city's iconic black cabs. The move prompted San Francisco-based Uber, which allows users to book journeys on their smartphone, to take legal action arguing that the written component was too demanding. But on Monday, regulator Transport for London (TfL) said drivers will have to take either an English proficiency test or provide proof, such as a British school qualification, that they can meet the required level.

Slashdot reader zootsewt1 quotes a rundown by Security Taco of two unrelated breaches at nuclear-related facilities that were recently disclosed -- one "disruptive" and the other involving the remote theft of documents: Director Yukiya Amano from the IAEA disclosed that a nuclear power generation facility came under cyber attack within the last few years. He declined to state which specific nuclear facility was involved. Mr. Amano advised that "This issue of cyber attacks on nuclear-related facilities or activities should be taken very seriously. We never know if we know everything or if it's the tip of the iceberg."

In a separate incident, a nuclear lab in the University of Toyama in Japan conducting research on tritium (used in nuclear power plants), also came under cyber attack earlier this year. The attacker appears to have been able to exfiltrate large large amounts of data, some of which was related to the Fukushima clean-up.
The Reuters article lists other data breaches and malware infections at nuclear sites over the years, and notes that the IAEA director "also cited a case in which an individual tried to smuggle a small amount of highly enriched uranium about four years ago that could have been used to build a so-called 'dirty bomb'." At the isotope research center at the University of Toyama, the attacker reportedly compressed more than 1,000 files to make them easier to transmit.

Emily Stephenson and Luciana Lopez, reporting for Reuters: U.S. Democratic presidential candidate Hillary Clinton's full remarks to several Wall Street audiences appeared to become public on Saturday when the controversial transparency group Wikileaks dumped its latest batch of hacked emails. The documents showed comments by Clinton during question-and-answer sessions with Goldman Sachs Chief Executive Lloyd Blankfein and Tim O'Neill, the bank's head of investment management, at three separate events in 2013 in Arizona, New York and South Carolina. Some excerpts of Clinton's speeches had already been released. For more than a week, Wikileaks has published in stages what it says are hacked emails from the account of John Podesta, Clinton's campaign chairman. Clinton came under fire for months for not releasing full details of her paid speeches to big business audiences, as opponents accused her of a cozy relationship with bankers and other members of the U.S. financial system.

As Samsung Electronics struggles to salvage its reputation after the safety problems that have beset its flagship Galaxy Note 7 smartphone, the South Korean company can at least bank on an army of Vietnamese workers for support, Reuters report. From the article: Tens of thousands of them are involved in assembling more than a third of Samsung's smartphones -- the Galaxy Note 7 included -- in the Pho Yen area of Thai Nguyen province, which is about 65 km north of the Vietnamese capital Hanoi. Samsung's arrival three years ago transformed it from a sleepy farming district into a sprawling industrial town. While the company expects to take a profit hit of around $5 billion from the scrapping of the fire-prone phone, 13 workers interviewed by Reuters outside the factory almost all said they are confident their employer will pull through. They also say Samsung pays well, offers good benefits and takes care of their needs. "Recalling (Note 7) doesn't mean we are unemployed or such; Samsung also makes many other phones and new models, not just the Note 7," said Nguyen Thi Hang, one of some 110,000 Vietnamese who work for Samsung Electronics across Vietnam, making it one of the nation's biggest employers.

A group of investors, mostly foreign institutions, are suing Toshiba in a Tokyo court for 16.7 billion yen ($162.3 million) in damages, over a $1.3 billion accounting scandal uncovered last year. Reuters adds: Toshiba said in a statement on Thursday that the 45 unnamed shareholders were seeking compensation for damages caused by its "inappropriate accounting". It will take an unspecified provision to cover any eventual payout, Toshiba said. The laptops-to-nuclear conglomerate has been sued by 15 groups and individuals since it first admitted to reporting inflated profits going back to 2008, including Japan's public pension fund. GPIF, the world's biggest pension fund, has been shifting into shares to attempt to boost returns. Thursday's case, however, is the largest - the remaining suits are seeking a combined 15.3 billion yen in compensation. Toshiba is still overcoming the reputational and share price hit of an investigation last year that found widespread accounting errors throughout its sprawling business, blaming a corporate culture in which employees found it difficult to question their superiors.

If providing your credit card details (or a few clicks) is too much a hassle for you, China's Alibaba may have a solution. The company today demonstrated a payment service called VR Pay, that allows virtual reality shoppers to pay for things just by nodding their heads. Reuters reports: VR Pay, the new payment system, is part of Alibaba's efforts to capitalize on the latest technology in online shopping. In 2015, for example, it introduced a facial recognition technology for Alipay mobile payments service advertised as "pay with a selfie." The VR payment technology means people using virtual reality goggles to browse virtual reality shopping malls will be able pay for purchases without taking off the goggles. They can just nod or look instead. Lin Feng, who is in charge of Ant Financial's incubator F Lab that has been developing the payment service over the past few months, told Reuters: "It is very boring to have to take off your goggles for payment. With this, you will never need to take out your phone."

A Toyota official on Tuesday raised concerns about California's plans to require compliance with a planned U.S. autonomous vehicle safety check list, calling it "preposterous." Reuters reports:Hilary Cain, director of technology and innovation policy at Toyota Motor North America, criticized California's proposal to require automakers to submit the U.S. National Highway Traffic Safety Administration's (NHTSA) 15-point safety check list before testing vehicles. "If we don't do what's being asked of us voluntarily by NHTSA, we cannot test an automated system in the state of California. That is preposterous and that means testing that is happening today could be halted and that means testing that is about to be started could be delayed," she said at a Capitol Hill forum. On September 30, California unveiled revised rules that carmakers will have to certify that they complied with the 15-point NHTSA assessment instead of self-driving cars being required to be tested by a third-party, as in the original proposal.

An anonymous reader quotes a report from Reuters: Wireless carrier Sprint Corp on Tuesday pledged to provide 1 million U.S. high school students with free mobile devices and internet access as part of a White House initiative to expand opportunities for lower income kids. Marcelo Claure, chief executive of Sprint, said the plan builds on the company's prior commitment through the White House's ConnectED program to get 50,000 students high speed internet. He said Sprint realized that while providing students with internet at school was helpful, students would still need to be able to use the internet at home. "We are going to equip 1 million kids with the tools they need to reach their full potential and achieve their dreams," Claure told reporters on a White House call. Sprint aims to give cell phones, tablets, laptops or mobile hot spots to students who do not have internet at home. Students would be able to choose the type of device that might meet their needs and it would be coupled with four years of free data plans. The company hopes to reach its goal of a million students in five years. Manufacturers have agreed to provide the mobile devices at no cost, Claure said. He also said the company would encourage customers to donate their old devices to the program and that it would not cost Sprint much to allow the free use of its network.

A second hacking group has sought to rob banks using fraudulent SWIFT messages, cyber security firm Symantec said on Tuesday. The group is said to be using the same approach that resulted in $81 million in the high-profile February attack on Bangladesh's central bank. From a Reuters report: Symantec said that a group dubbed Odinaff has infected 10 to 20 Symantec customers with malware that can be used to hide fraudulent transfer requests made over SWIFT, the messaging system that is a lynchpin of the global financial system. Symantec's research provided new insight into ongoing hacking that has previously been disclosed by SWIFT. SWIFT Chief Executive Gottfried Leibbrandt last month told customers about three hacks and warned that cyber attacks on banks are poised to rise. SWIFT and Symantec have not identified specific victims beyond Bangladesh Bank. Symantec said that most Odinaff attacks occurred in the United States, Hong Kong, Australia, the United Kingdom and Ukraine.

After it was revealed that Yahoo secretly scanned customer emails for U.S. intelligence agencies, now's as good of time as any to leave Yahoo Mail. However, the company has made it more difficult to leave by disabling the automatic email forwarding feature. Reuters reports: While those who have set up forwarding in the past are unaffected, users who would want to leave following recent hacking and surveillance revelations are struggling to shift to rival services, the AP reported on Monday. The company has been under scrutiny from investors after disclosing last month that at least 500 million user accounts were stolen from its network in 2014. The AP said that several users were leaving or had already left the service because of the negative headlines. The company's website says that the "automatic email forwarding" feature is under development and has been temporarily disabled.

An anonymous Slashdot reader writes: Look at this contradiction in the government's story about their secret scans on hundreds of millions of Yahoo emails. "Intelligence officials told Reuters that all Yahoo had to do was modify existing systems for stopping child pornography from being sent through its email or filtering spam messages." But three former Yahoo employee have now said that actually the court-ordered search "was done by a module attached to the Linux kernel -- in other words, it was deeply buried near the core of the email server operating system, far below where mail sorting was handled... They said that made it hard to detect and also made it hard to figure out what the program was doing."
Slashdot reader Trailrunner7 writes: Now, experts at the EFF and Sen. Ron Wyden say that the order served on Yahoo should be made public according to the text of a law passed last year. The USA Freedom Act is meant to declassify certain kinds of government orders, and the EFF says the Yahoo order fits neatly into the terms of the law. "If the reports about the Yahoo order are accurate -- including requiring the company to custom build new software to accomplish the scanning -- it's hard to imagine a better candidate for declassification and disclosure under Section 402," Aaron Mackey of the EFF said.

Sean Parker has now donated nearly $9 million in his effort to legalize marijuana in California. An anonymous Slashdot reader quotes Billboard: Whether it's founding Napster, guiding Facebook or investing in Spotify, Sean Parker has developed a reputation for pushing change forward, and now he's at the forefront of California's marijuana legalization movement... [A] competing proposal from the Coalition for Cannabis Policy Reform was folded into Parker's, making his the leading ballot measure, by default, for 2016 in a state with the largest medical marijuana market in the country.
The U.S currently has a hodgepodge of legislation, with marijuana entirely legal only in Colorado, Washington, Oregon and Alaska, as well as in the District of Columbia, and in individual cities in Michigan and Maine. But with five more states now voting on legalization, pro-marijuana campaign ads are being broadcast in Massachusetts, Maine, Nevada, California and Arizona. ("You decide who wins -- criminals and cartels, or Arizona schools?") And meanwhile, Slashdot reader schwit1 has identified one voter who's definitely opposing police efforts to hunt down marijuana growers: All that remains of the solitary marijuana plant an 81-year-old grandmother had been growing behind her South Amherst home is a stump and a ragged hole in the ground... Tucked away in a raspberry patch and separated by a fence from any neighbors, the [medicinal] plant was nearly ready for harvest when a military-style helicopter and police descended on Sept. 21...

Sony's image sensor production will return to full capacity in the October-March half-year due to a pickup in smartphone demand, having spent part of the past year running just under full strength, the head of its chip-making subsidiary said. From a Reuters report: "The business environment for our customers is improving," President Yasuhiro Ueda of Sony Semiconductor Manufacturing Corp said at a news conference on Friday, at Sony's sensor factory in the Kumamoto region of southern Japan. Sony commands about 40 percent of the market for complementary metal-oxide semiconductor (CMOS) image sensors, a type of chip that converts light into electronic signals. The sensors were central to Sony's recovery from years of losses stemming mainly from price competition in consumer electronics. A slowdown in the global smartphone market prompted Sony to cut sensor production in the October-March half of the last business year, but demand has since picked up. Ueda said combined monthly production would rise in the second half of this business year from 70,000 wafers at present to 73,000 wafers -- full capacity at Sony's five image sensor plants. The figure excludes outsourced production.

An anonymous reader quotes a report from Reuters: A Yahoo operation in 2015 to scan the incoming email of its customers for specific information requested by the U.S. government was authorized under a foreign intelligence law, parts of which will expire next year, two U.S. government officials familiar with the matter said. The collection in question was specifically authorized by a warrant issued by the secret Foreign Intelligence Surveillance Court, said the two government sources, who requested anonymity to speak freely. Yahoo's request came under the Foreign Intelligence Surveillance Act, the sources said. The two sources said the request was issued under a provision of the law known as Section 702, which will expire on Dec. 31, 2017, unless lawmakers act to renew it. The FISA Court warrant related specifically to Yahoo, but it is possible similar such orders have been issued to other telecom and internet companies, the sources said. Section 702 of the FISA governs a program exposed by former National Security Agency contractor Edward Snowden known as Prism, which gathers messaging data from Alphabet Inc's Google, Facebook Inc, Microsoft Corp, Apple Inc and other major tech companies that involves a foreign target under surveillance. Another type of spying the authority allowed under Section 702 is known as "upstream," and allows the NSA to copy web traffic flowing along the internet backbone located inside the United States and search for certain terms associated with a target. "The NSA has said that it only targets individuals under Section 702 by searching for email addresses and similar identifiers," Senator Ron Wyden (OR-D) said in a statement to Reuters on Monday. "If that has changed, the executive branch has an obligation to notify the public."

Reuters reported on Tuesday that Yahoo last year secretly built a custom software program to search all of its customers' incoming emails for specific information provided by U.S. intelligence officials. When The Intercept reached out to Yahoo for an official comment and explanation, the company offered a non-denial response after 20 hours since Reuters's report, a report said. (If a report is inaccurate, the company says so explicitly. Non-denial is something you give when you are caught off guard and things reported are true.) From the report: From Yahoo's PR firm, "The article is misleading. We narrowly interpret every government request for user data to minimize disclosure. The mail scanning described in the article does not exist on our systems." This is an extremely carefully worded statement, arriving roughly 20 hours after the Reuters story first broke. That's a long time to craft 29 words. It's unclear as well why Yahoo wouldn't have put this statement out on Tuesday, rather than responding, cryptically, that they are "a law abiding company, [that] complies with the laws of the United States." But this day-after denial isn't even really a denial: The statement says only that the article is misleading, not false. It denies only that such an email scanning program "does not" exist -- perhaps it did exist at some point between its reported inception in 2015 and today. It also pins quite a bit on the word "described" -- perhaps the Reuters report was overall accurate, but missed a few details. And it would mean a lot more for this denial to come straight from the keyboard of a named executive at Yahoo -- perhaps Ron Bell, the company's general counsel -- rather than a "strategic communications firm."Reuters reported that Yahoo's decision has prompted questions in Europe whether EU citizens' data had been compromised, and this could result in derailing a new trans-Atlantic data sharing deal.

An anonymous reader quotes a report from The Stack: Johnson and Johnson has revealed that its JJ Animas OneTouch Ping insulin pump is vulnerable to hackers, who could potentially force the device to overdose diabetic patients -- however, it declares that the risk of this happening is very low. Unnamed executives from the American multinational medical manufacturer said that they were taking the unprecedented step of warning customers about the vulnerability, particularly in light of recent controversies regarding attack vectors in cardiac equipment. In a letter to doctors and 114,000 patients, sent on Monday, the company wrote: "The probability of unauthorized access to the OneTouch Ping system is extremely low... It would require technical expertise, sophisticated equipment and proximity to the pump, as the OneTouch Ping system is not connected to the internet or to any external network." Even though the company's own technicians were able to hack the pump within a distance of 25 feet, Johnson and Johnson's chief medical officer Brian Levy observed that the hack would be extremely difficult to pull off, and said "We believe the OneTouch Ping system is safe and reliable. We urge patients to stay on the product."

An anonymous reader shares with us an exclusive report from Reuters: Yahoo Inc last year secretly built a custom software program to search all of its customers' incoming emails for specific information provided by U.S. intelligence officials, according to people familiar with the matter. The company complied with a classified U.S. government directive, scanning hundreds of millions of Yahoo Mail accounts at the behest of the National Security Agency or FBI, said two former employees and a third person apprised of the events. Some surveillance experts said this represents the first case to surface of a U.S. Internet company agreeing to a spy agency's demand by searching all arriving messages, as opposed to examining stored messages or scanning a small number of accounts in real time. It is not known what information intelligence officials were looking for, only that they wanted Yahoo to search for a set of characters. That could mean a phrase in an email or an attachment, said the sources, who did not want to be identified. Reuters was unable to determine what data Yahoo may have handed over, if any, and if intelligence officials had approached other email providers besides Yahoo with this kind of request. The two former employees say that the decision Yahoo CEO Marissa Mayer made to obey the directive resulted in the June 2015 departure of CISO Alex Stamos, who left to work for Facebook. The company said in response to Reuters questions about the demand, "Yahoo is a law abiding company, and complies with the laws of the United States."

Slashdot reader chasm22 quotes Reuters: A federal jury in Texas on Friday night ordered Apple Inc to pay more than $302 million in damages for using VirnetX Holding Corp's patented internet security technology without permission in features including its FaceTime video conferencing application. The verdict came in a new trial in Tyler, Texas that had been ordered by the judge in the case, Robert Schroeder, who last August threw out VirnetX's $625.6 million win over Apple from a previous trial because he said jurors in that case may have been confused...

A jury in 2012 awarded $368.2 million in damages, but the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., partly overturned that verdict, saying there were problems with how the trial judge instructed jurors on calculating damages. On remand, VirnetX's two suits were combined, and in February, a jury returned with an even bigger verdict, $625.6 million, one of the highest ever in a U.S. patent case... However, Schroeder later voided the result, saying that the repeated references to the earlier case could have confused jurors and were unfair to Apple... Apple will also have to contend with the trial in a second lawsuit VirnetX filed against Apple over newer versions of Apple security features, as well as its iMessage application.
The article points out that "Many patent cases are handled in the Texas court, which has a reputation for awarding favorable verdicts to plaintiffs alleging infringement."

An anonymous reader quotes a report from Business Insider: The actual tally of stolen user accounts from the hack Yahoo experienced could be much larger than 500 million, according to a former Yahoo executive familiar with its security practices. The former Yahoo insider says the architecture of Yahoo's back-end systems is organized in such a way that the type of breach that was reported would have exposed a much larger group of user account information. To be sure, Yahoo has said that the breach affected at least 500 million users. But the former Yahoo exec estimated the number of accounts that could have potentially been stolen could be anywhere between 1 billion and 3 billion. According to this executive, all of Yahoo's products use one main user database, or UDB, to authenticate users. So people who log into products such as Yahoo Mail, Finance, or Sports all enter their usernames and passwords, which then goes to this one central place to ensure they are legitimate, allowing them access. That database is huge, the executive said. At the time of the hack in 2014, inside were credentials for roughly 700 million to 1 billion active users accessing Yahoo products every month, along with many other inactive accounts that hadn't been deleted. In late 2013, Yahoo CEO Marissa Mayer said the company had 800 million monthly active users globally. It currently has more than 1 billion.

An anonymous reader quotes a report from Reuters: A U.S. government bureau set up to do "secret" and "top secret" security clearance investigations has turned for help to a private company whose login credentials were used in hack attacks that looted the personal data of 22 million current and former federal employees, U.S. officials said on Friday. Their confirmation of the hiring of KeyPoint Government Solutions by the new National Background Investigations Bureau (NBIB) comes just days ahead of the bureau's official opening, scheduled for next week. Its creation was spurred, in part, by the same hacks of the Office of Personnel Management that have been linked to the credentials of KeyPoint, one of four companies hired by the bureau. The officials asked not to be named when discussing sensitive information. A spokesman for OPM said the agency in the past has said in public statements and in congressional testimony that a KeyPoint contractor's stolen credentials were used by hackers to gain access to government personnel and security investigations records in two major OPM computer breaches. Both breaches occurred in 2014, but were not discovered until April 2015, according to investigators. One U.S. official familiar with the hiring of KeyPoint said personnel records were hacked in 2014 from KeyPoint and, at some point, its login credentials were stolen. But no evidence proves, the official said, that the KeyPoint credentials used by the OPM hackers were stolen in the 2014 KeyPoint hack. OPM officials said on Thursday one aim for NBIB is to reduce processing time for "top secret" clearances to 80 days from 170 days and for "secret" clearances to 40 days from 120 days.

Avast Software, maker of the world's most popular computer antivirus program, will need a year to absorb its $1.3 billion buy of rival AVG but may seek further acquisitions before an expected flotation, its chief executive said in an interview, according to Reuters. From a report: Prague-based Avast closed its purchase on Friday of AVG Technologies, another software firm with Czech roots specializing in consumer security. The combined company will have over 400 million users and 40 percent of the consumer computer market outside of China. While Avast will delist AVG shares, it has its own plans to eventually offer shares, maybe as soon as 2019. Before that, it must fully integrate AVG and will then look at mid-tier acquisitions for its push into mobile and, possibly, to expand its small- and medium-sized business offering. "We have to digest AVG first and that is going to take us pretty much all of 2017 to really integrate. Then we will look at expanding the business after that," Avast CEO Vincent Steckler said.

Banks and other financial institutions are adopting blockchain technology "dramatically faster" than initially expected, with 15 percent of top global banks intending to roll out full-scale, commercial blockchain products in 2017, IBM said on Wednesday. Reuters reports: The technology company said 65 percent of banks expected to have blockchain projects in production in three years' time, with larger banks -- those with more than 100,000 employees -- leading the charge. IBM, whose findings were based on a survey of 200 banks, said the areas most commonly identified by lenders as ripe for blockchain-based innovation were clearing and settlement, wholesale payments, equity and debt issuance and reference data. Blockchain, which originates from digital currency bitcoin, works as an electronic transaction-processing and record-keeping system that allows all parties to track information through a secure network, with no need for third-party verification.

Palantir Technologies is a secretive start-up in Silicon Valley that specializes in big data analysis. It was founded in 2004 by Peter Thiel, Alex Karp, Joe Lonsdale, Stephen Cohen, and Nathan Gettings, and is backed by the FBI and CIA as it "helps government agencies track down terrorists and uncover financial fraud," according to Reuters. Today, the U.S. Department of Labor filed a lawsuit against the company, alleging that it discriminated against Asian job applicants. Reuters reports: The lawsuit alleges Palantir routinely eliminated Asian applicants in the resume screening and telephone interview phases, even when they were as qualified as white applicants. In one example cited by the Labor Department, Palantir reviewed a pool of more than 130 qualified applicants for the role of engineering intern. About 73 percent of those who applied were Asian. The lawsuit, which covers Palantir's conduct between January 2010 and the present, said the company hired 17 non-Asian applicants and four Asians. "The likelihood that this result occurred according to chance is approximately one in a billion," said the lawsuit, which was filed with the department's Office of Administrative Law Judges. The majority of Palantir's hires as engineering interns, as well as two other engineering positions, "came from an employee referral system that disproportionately excluded Asians," the lawsuit said. Palantir denied the allegations in a statement and said it intends to "vigorously defend" against them. The lawsuit seeks relief for persons affected, including lost wages.

German digital map maker HERE will introduce a new set of traffic services this week that allows drivers to see for themselves what live road conditions are like miles ahead using data from competing automakers, an industry first, reports Reuters. From the report: The Berlin-based company, owned by Germany's three premium automakers, will provide four services in which drivers share detailed video views of traffic jams or accidents, potential road hazards like fog or slippery streets, traffic signs including temporary speed limits and on-street parking. BMW, Daimler and Volkswagen will all contribute data to the service, making their first big collaboration since they bought HERE for 2.8 billion euros ($3.1 billion) late last year from mobile equipment maker Nokia of Finland. Other automakers are expected to join the project later and contribute data from their vehicles, HERE said. The new live traffic services are set to hit the road in the first half of 2017, HERE said on Monday before the opening of this week's Paris Motor Show.

Yahoo apparently took two years to investigate and tell people that its service had been breached, and that over 500 million users were affected. Amid the announcement, a user is suing Yahoo, accusing the company of gross negligence. From a Reuters report: The lawsuit was filed in the federal court in San Jose, California, one day after Yahoo disclosed the hacking, unprecedented in size, by what it believed was a "state-sponsored actor." Ronald Schwartz, a New York resident, sued on behalf of all Yahoo users in the United States whose personal information was compromised. The lawsuit seeks class-action status and unspecified damages. A Yahoo spokeswoman said the Sunnyvale, California-based company does not discuss pending litigation. The attack could complicate Chief Executive Marissa Mayer's effort to shore up the website's flagging fortunes, two months after she agreed to a $4.8 billion sale of Yahoo's Internet business to Verizon Communications. Yahoo on Thursday said user information including names, email addresses, phone numbers, birth dates and encrypted passwords had been compromised in late 2014.

Weeks after a SpaceX rocket exploded inexplicably, engineers at Elon Musk's company have traced the flaw to its source. Space today released the initial results of its investigation, in which it says that a breach in helium system in the Falcon 9's liquid oxygen system caused the sudden flare up. From a Reuters report: SpaceX, owned and operated by technology entrepreneur Elon Musk, was fueling a Falcon 9 rocket on the launch pad in Florida on Sept. 1 in preparation for a routine test-firing when a bright fireball suddenly emerged around the rocket's upper stage. "At this stage of the investigation, preliminary review of the data and debris suggests that a large breach in the cryogenic helium system of the second stage liquid oxygen tank took place," SpaceX said in a statement posted on its website. No one was hurt in the explosion, which could be heard 30 miles (48 km) away from SpaceX's launch pad 40 at Cape Canaveral Air Force Station. The cause of the accident is under investigation.