Domain: wsj.com
Stories and comments across the archive that link to wsj.com.
Stories · 1,821
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Google Wants Online Ad Improvement Within Months, Not Years (wsj.com)
An anonymous reader writes: Speaking at the Wall Street Journal's WSJD Live Conference, Google's senior vice president of adverts and commerce Sridhar Ramaswamy has said (paywalled) that advertisers need to address the shortcomings of online ads within 'months'. "This is essential to our survival" said Ramaswamy. "We're talking about getting this in a time frame of months rather than years. We need to get going on this." Ramaswamy was referring to recent commitment from the advertising industry to halt the rise of adblocking services by addressing common reader annoyances such as autoplay video, overly complex and slow-loading content, and excessive tracking. -
DHS To Extend OPT To 60 Months, Says Employers, Universities, Students Demand It (natlawreview.com)
theodp writes: In August, Federal Judge Ellen Huvelle called BS on 'emergency' changes made by the U.S. Dept. of Homeland Security in 2008 to Optional Practical Training (OPT) that extended the amount of time foreign STEM graduates of U.S. colleges could stay in the country and work ("to alleviate the crisis employers are facing due to the current H-1B visa shortage," as Bill Gates explained it in 2007). "The 17-month duration of the STEM extension appears to have been adopted directly from the unanimous suggestions by Microsoft and similar industry groups," said the Judge in her ruling, which threatened to invalidate STEM OPT extensions in February. But the DHS fired back Monday with a new proposed rule — Improving and Expanding Training Opportunities for F-1 Nonimmigrant Students With STEM Degrees and Cap-Gap Relief for All Eligible F-1 Students — that will extend STEM OPT to as much as 60 months (a standard 12-month OPT period, plus two 24-month extensions). Foreign students demand it, explained the DHS, as do public colleges and universities, who "particularly benefit from the payment of tuition by foreign students, especially in comparison to the tuition paid by in-state students." DHS estimates that the proposed rule will affect 634,464 foreign STEM students over the next 10 years. -
Wealth Therapy Tackles Woes of the Rich
HughPickens.com writes: Jana Kasperkevic writes in The Guardian that it can be very stressful to be rich. "It's really isolating to have a lot of money. It can be scary – people's reaction to you," says Barbara Nusbaum, an expert in money psychology. "There is a fair amount of isolation if you are wealthy." According to Clay Cockrell, who provides therapy for rich, this means the rich tend to hang out with other rich Americans, not out of snobbery, but in order to be around those who understand them and their problems. One big problem is not knowing if your friends are friends with you or your money. "Someone else who is also a billionaire – they don't want anything from you! Never being able to trust your friendships with people of different means, I think that is difficult," says Cockrell. "As the gap has widened, they [the rich] have become more and more isolated." Sci-fi author John Scalzi has published an entertaining take-down of the cluelessness in this article. -
Disruptive Bloodwork Startup May Offer Mostly Vaporware
dmr001 writes: As seen previously, Palo Alto startup Theranos planned to put the power of affordable lab work directly in the hands of patients with tiny fingerprick samples taken at Walgreen's, with four hour turnaround. The company claimed their tests were "made possible by advances in the field of microfluidics." But they were cagey about methodology and didn't use FDA approved analyzers.
Now, the Wall Street Journal reports (paywalled) (among others) that all but one of Theranos' analyzers currently in use is off the shelf, and that their tiny samples may not always have been accurate. Typically cagey founder Elizabeth Holmes vigorously disputes the criticism of her $9 billion startup, but entrenched players like Quest Diagnostics and LabCorp (which do quite well charging orders of magnitude above Theranos' prices) are likely doing a happy dance.
Physicians worrying about patients bringing in their own carcinoembryonic antigen levels and Epstein Barr Virus panels to confirm their Internet diagnoses of cancer and chronic fatigue may also be breathing sighs of relief, albeit with bittersweet regret at the potential loss of the price advantage and milliliter samples. -
Nintendo's New System Likely a Console/Portable Hybrid (arstechnica.com)
An anonymous reader writes: The Wall Street Journal reports (paywalled) that Nintendo has begun issuing software development kits for its new console, codenamed NX. The company hasn't provided any details publicly about how the console will work, but people who have gotten access to the SDK say it will likely include both a console and some kind of portable/mobile hardware. The intent is to be able to take some aspects of gaming with you when you leave the living room. Nintendo is also looking to step up its hardware efforts in response to criticism that the Wii U's capabilities were notably lower than those of the PS4 and Xbox One. In what ways do you think a console should be partially portable? -
IBM Permits China To Review Source Code (wsj.com)
An anonymous reader writes: IBM has permitted the Chinese Ministry of Industry and Information Technology to review its proprietary source code in a 'controlled' environment, said IBM Senior Vice President Steve Mills yesterday. The company didn't make clear which of its products would be available for review. According to a (paywalled) WSJ report: "IBM has been willing to strike closer partnerships with China’s government than many of its fellow U.S. tech companies, people familiar with the company’s strategy said. Still, it isn’t clear to what extent IBM’s move might be a symbolic gesture. The people briefed on the practice said Chinese officials can look at the code only during visits and can’t remove it for a thorough review. In a short amount of time, it would be extremely difficult to comb through all the code for a product for potential “backdoors” that would allow spying on users." -
Video Game Music Is Saving the Symphony Orchestra (wsj.com)
An anonymous reader writes: As music distribution has flourished, the popularity of live performances in certain genres has begun to wane. Symphony orchestra attendance has been dropping for years. A new report says ticket sales have dropped by 2.8% annually for the past decade. The downward trend has caused many performing groups to experiment with ways to appeal more to modern audiences. One way they're finding success is by including music from video games. "Orchestral videogame concerts first gained a following in Japan in the mid-1980s and spread to parts of Europe in the early 2000s. They began appearing regularly in pops repertoires in the U.S. about a decade ago as orchestras sought younger, more diverse audiences. Unlike classical-music performances, videogame shows feature arrangements that blend looping tracks of music designed to match various moments in a game, such as a slow, eerie medley of piano, percussion and string as the videogame character navigates a castle dungeon. ... The story of The Legend of Zelda isn't a far cry from such classics as Mozart's The Magic Flute. Both tales involve a brave fellow in a quest to rescue a damsel from a villain's clutches -
NASA Releases 'Journey To Mars' Plan -- But Not a Budget (nasa.gov)
MarkWhittington writes: NASA released a document describing the steps involved in its Journey to Mars program (PDF). But, as the Wall Street Journal suggests, the "plan" has a conspicuous lack of specifics. It doesn't go into how much the program will cost or what intermediate steps have to be taken before human beings set foot on Mars in the 2030s. This is likely because of the upcoming and subsequent changes of governing administrations — the space agency's deep space exploration goals are likely to get a reevaluation. The plan serves as a public relations document more than anything else. -
Dell, EMC Said To Be In Merger Talks (itworld.com)
itwbennett writes: According to a Wall Street Journal report (paywalled), Dell might buy some or all of storage giant EMC. (The grain of salt here is that the Journal's report cited unnamed sources, and cautioned that the companies might not finalize any agreement.) If the report has it right, though, "a total merger would be one of the biggest deals ever in the technology industry," writes Stephen Lawson for IDG, "with EMC holding a market value of about US$50 billion. It would also bring together two of the most important vendors to enterprise IT departments." -
Prison Debate Team Beats Harvard's National Title Winners
HughPickens.com writes: Lauren Gambino reports at The Guardian that months after winning this year's national debate championship, Harvard's debate team has fallen to a debate team of three inmates with violent criminal records. The showdown took place at the Eastern correctional facility in New York, a maximum-security prison where convicts can take courses taught by faculty from nearby Bard College, and where inmates have formed a popular debate club. The Bard prison initiative has expanded since 2001 to six New York correctional facilities, and aims to provide inmates with a liberal arts education so that when the students leave prison they are able to find meaningful work. A three-judge panel concluded that the Bard team had raised strong arguments that the Harvard team had failed to consider and declared the team of inmates victorious. "Debate helps students master arguments that they don't necessarily agree with," says Max Kenner. "It also pushes people to learn to be not just better litigators but to become more empathetic people, and that's what really speaks to us as an institution about the debate union."
The prison team has proven formidable in the past, beating teams from the US military academy at West Point and the University of Vermont. They lost a rematch against West Point in April, setting up a friendly rivalry between the teams. The competition against West Point has become an annual event, and the prison team is preparing for the next debate in spring. In the morning before the debate, team members talked of nerves and their hope that competing against Harvard—even if they lost—would inspire other inmates to pursue educations. "If we win, it's going to make a lot of people question what goes on in here," says Alex Hall, a 31-year-old from Manhattan convicted of manslaughter. "We might not be as naturally rhetorically gifted, but we work really hard." -
The Decline of 'Big Soda': Is Drinking Soda the New Smoking?
HughPickens.com writes: Margot Sanger-Katz reports in the NYT that soda consumption is experiencing a serious and sustained decline as sales of full-calorie soda in the United States have plummeted by more than 25 percent over the past twenty years. Nearly two-thirds of Americans say they are actively trying to avoid the drinks that have been a mainstay of American culture but bottled water is now on track to overtake soda as the largest beverage category in two years. The changing patterns of soda drinking appear to come thanks, in part, to a loud campaign to eradicate sodas. School cafeterias and vending machines no longer contain regular sodas. Many workplaces and government offices have similarly prohibited their sale.
For many public health advocates, soda has become the new tobacco — a toxic product to be banned, taxed and stigmatized. "There will always be soda, but I think the era of it being acceptable for kids to drink soda all day long is passing, slowly," says Marion Nestle. "In some socioeconomic groups, it's over." Soda represents nearly 25% of the U.S. beverage market and its massive scale have guaranteed profit margins for decades. Historically, beverage preferences are set in adolescence, the first time that most people begin choosing and buying a favorite brand. But the declines in soda drinking appear to be sharpest among young Americans. "Kids these days are growing up with all of these other options, and there are some parents who say, 'I really want my kids to drink juice or a bottled water,' " says Gary A. Hemphill. "If kids grow up without carbonated soft drinks, the likelihood that they are going to grow up and, when they are 35, start drinking is very low." -
Sprint To Begin Layoffs, Cut $2.5 Billion In Expenses
An anonymous reader writes: Sprint's struggles to remain a major carrier continue. Just a few days after announcing that it is dropping out of a major low-band spectrum auction, the company now says it must cut between $2 billion and $2.5 billion in costs over the next six months. The cuts will need to be aggressive — according to the Wall Street Journal (paywalled), Sprint "had $7.5 billion in operating expenses during the three months ended June 30," even as it cut $1.5 billion over the past year. The only good news for Sprint is that its subscriber base is still slowly growing, though not quickly enough to keep pace with T-Mobile, let alone Verizon or AT&T. -
Legal Loophole Offers Volkswagen Criminal Immunity
An anonymous reader writes: According to the Wall Street Journal (paywalled) a loophole in the 1970 Clean Air Act could make it impossible for U.S. prosecutors to subject Volkswagen to criminal charges over its use of standards-dodging 'defeat devices' in its emissions-testing software. Prosecutors are now reported to be considering alternative methods, including (considerably lesser) charges that Volkswagen lied to regulation authorities. -
Doctors On Edge As Healthcare Gears Up For 70,000 Ways To Classify Ailments
HughPickens.com writes: Melinda Beck reports in the WSJ that doctors, hospitals and insurers are bracing for possible disruptions on October 1 when the U.S. health-care system switches to ICD-10, a massive new set of codes for describing illnesses and injuries that expands the way ailments are described from 14,000 to 70,000. Hospitals and physician practices have spent billions of dollars on training programs, boot camps, apps, flashcards and practice drills to prepare for the conversion, which has been postponed three times since the original date in 2011. With the move to ICD-10, the one code for suturing an artery will become 195 codes, designating every single artery, among other variables, according to OptumInsight, a unit of UnitedHealth Group Inc. A single code for a badly healed fracture could now translate to 2,595 different codes, the firm calculates. Each signals information including what bone was broken, as well as which side of the body it was on.
Propoenents says ICD-10 will help researchers better identify public-health problems, manage diseases and evaluate outcomes, and over time, will create a much more detailed body of data about patients' health—conveying a wealth of information in a single seven-digit code—and pave the way for changes in reimbursement as the nation moves toward value-based payment plans. "A clinician whose practice is filled with diabetic patients with multiple complications ought to get paid more for keeping them healthy than a clinician treating mostly cheerleaders," says Dr. Rogers. "ICD-10 will give us the precision to do that." As the changeover deadline approaches some fear a replay of the Affordable Care Act rollout debacle in 2013 that choked computer networks, delaying bills and claims for several months. Others recollect the end-of-century anxiety of Y2K, the Year 2000 computer bug that failed to materialize. "We're all hoping for the best and expecting the worst," says Sharon Ahearn. "I have built up what I call my war chest. That's to make sure we have enough working capital to see us through six to eight weeks of slow claims." -
Doctors On Edge As Healthcare Gears Up For 70,000 Ways To Classify Ailments
HughPickens.com writes: Melinda Beck reports in the WSJ that doctors, hospitals and insurers are bracing for possible disruptions on October 1 when the U.S. health-care system switches to ICD-10, a massive new set of codes for describing illnesses and injuries that expands the way ailments are described from 14,000 to 70,000. Hospitals and physician practices have spent billions of dollars on training programs, boot camps, apps, flashcards and practice drills to prepare for the conversion, which has been postponed three times since the original date in 2011. With the move to ICD-10, the one code for suturing an artery will become 195 codes, designating every single artery, among other variables, according to OptumInsight, a unit of UnitedHealth Group Inc. A single code for a badly healed fracture could now translate to 2,595 different codes, the firm calculates. Each signals information including what bone was broken, as well as which side of the body it was on.
Propoenents says ICD-10 will help researchers better identify public-health problems, manage diseases and evaluate outcomes, and over time, will create a much more detailed body of data about patients' health—conveying a wealth of information in a single seven-digit code—and pave the way for changes in reimbursement as the nation moves toward value-based payment plans. "A clinician whose practice is filled with diabetic patients with multiple complications ought to get paid more for keeping them healthy than a clinician treating mostly cheerleaders," says Dr. Rogers. "ICD-10 will give us the precision to do that." As the changeover deadline approaches some fear a replay of the Affordable Care Act rollout debacle in 2013 that choked computer networks, delaying bills and claims for several months. Others recollect the end-of-century anxiety of Y2K, the Year 2000 computer bug that failed to materialize. "We're all hoping for the best and expecting the worst," says Sharon Ahearn. "I have built up what I call my war chest. That's to make sure we have enough working capital to see us through six to eight weeks of slow claims." -
Microsoft Resurrects the Title of President
theodp writes: Microsoft CEO Satya Nadella promoted General Counsel Brad Smith to president and chief legal officer Friday, the first time Microsoft has had a company-wide president since 2002. Smith has been Microsoft's point person on convincing Congress of America's tech-worker shortage, an assertion that is disputed by others. At a 2012 forum on STEM education and immigration reform, Smith discussed "producing a crisis" to galvanize action on Microsoft's National Talent Strategy, which calls for increasing the number of H-1B visas to ostensibly make up for U.S. children's lack of CS-savvy. Coincidentally, a real national K-12 CS and tech immigration crisis emerged shortly thereafter, thanks to the efforts of new deep-pocketed nonprofit organizations like Code.org (headed by Smith's next-door neighbor) and Mark Zuckerberg's FWD.us PAC. Smith is a Code.org Board member and a FWD.us 'Major Contributor'. "We took this idea of connecting immigration to education last fall," Smith explained to the Daily Princetonian in 2013, "and when I started in September, we were the only ones talking about it. To have the White House endorse it, to have it embodied in the Senate Bill, to have people in both houses of Congress supporting it means that potentially this is a magic moment for some important steps for education reform as well." While crying crisis wolf to further its agenda has worked well for Microsoft, a Federal judge recently overturned 'emergency' tech immigration changes enacted by Homeland Security in 2008, saying that "the 17-month duration of the STEM extension appears to have been adopted directly from the unanimous suggestions by Microsoft." -
WSJ: We Need the Right To Repair Our Gadgets
An anonymous reader writes: An editorial in the Wall Street Journal rings a bell we've been ringing for years: "Who owns the knowledge required to take apart and repair TVs, phones and other electronics? Manufacturers stop us by controlling repair plans and limiting access to parts. Some even employ digital software locks to keep us from making changes or repairs. This may not always be planned obsolescence, but it's certainly intentional obfuscation." The article shows that awareness of this consumer-hostile behavior (and frustration with it) is going mainstream. The author links to several DIY repair sites like iFixit, and concludes, "Repairing stuff isn't as complicated as they want you to think. Skilled gadget owners and independent repair pros deserve access to the information they need to do the best job they can." -
TSA Luggage Lock Master Keys Are Compromised
An anonymous reader writes: As the FBI demand encryption master keys for Apple, Microsoft and Google made devices, photographs of the master keys for the TSA Travel Sentry suitcases have now been published in multiple places online (more links in later articles). Cory Doctorow points out this makes it much easier for thieves to open luggage undetectably, without leaving any signs of lock picking. Whilst many have argued that the locks aren't designed to provide real security, the most important thing is that this shows the risk of backdoors in security systems, especially since the TSA has not given any warning about this compromise, which seems to have occurred in 2014 or earlier. -
Concern Over India PM's Silicon Valley Visit
New submitter SAsiaFaculty writes: India's Prime Minister, Narendra Modi, will visit Silicon Valley on September 27, 2015 to promote his vision of "Digital India." Mr. Modi was denied the right to visit the United States from 2005 -2014 because of his role as the chief minister of Gujarat in the violence that rocked the state in 2002 when 1,000 people died. The visit, his second to the United States since becoming Prime Minister, has generated enthusiasm in India and in the Indian community in the United States. It has also elicited a cautionary statement with more than 135 signatures from faculty who teach and do research about South Asia at U.S. universities.
The letter urges Silicon Valley leaders to be mindful of their corporate responsibility and ensure that Mr. Modi's Digital India project promotes transparency, protection of human rights and civil liberties and intellectual freedom. Aspects of the "Digital India" program have raised questions in India about the lack of privacy safeguards and the possibility of enhanced surveillance and the repression of Indian citizens' constitutionally protected rights. A response to comments critical of the statement has been posted on the AAUP site. -
Next Texas Energy Boom: Solar
Layzej writes: The Wall Street Journal reports: "Solar power has gotten so cheap to produce—and so competitively priced in the electricity market—that it is taking hold even in a state that, unlike California, doesn't offer incentives to utilities to buy or build sun-powered generation." Falling cost is one factor driving investment. "Another reason for the boom: Texas recently wrapped up construction of $6.9 billion worth of new transmission lines, many connecting West Texas to the state's large cities. These massive power lines enabled Texas to become, by far, the largest U.S. wind producer. Solar developers plan to move electricity on the same lines, taking advantage of a lull in wind generation during the heat of the day when solar output is at its highest." -
Drone Racing League Receives a $1 Million From Miami Dolphins Owner
An anonymous reader writes: Miami Dolphins owner Stephen Ross is investing $1 million in drone racing. The Drone Racing League (DRL), a New York startup, announced the investment today. The league hopes to recreate successes that other non-traditional sports, such as the X-Games, have had in recent years. The Wall Street Journal reports: "Earlier this summer, the League held a nonpublic trial race inside the abandoned Glenwood Power Plant in Yonkers. Six pilots standing on the power plant floor controlled their drones as they flew down the warehouse's hallways and through open windows. There are typically five to seven participants per race. Racers wear virtual-reality goggles that make it feel as if they are in the "cockpit" of the drone, which translates to video content. 'It's a completely immersive experience that'll make you feel like you're flying,' said Drone Racing League founder Nick Horbaczewski." -
Sending Angry Emails Just Makes You Angrier
An anonymous reader writes: Sending a blistering email can be cathartic. People consistently report feeling better after venting, and doing so over email is no exception. But researchers find those who vent their anger tend to only become angrier and more aggressive, and doing so in an impersonal way like email only makes it worse. "E-venting is particularly risky, experts say. We think it's private because we can do it in a secluded place, like our bed while we're in our pajamas. We have our phones with us all the time so we often e-vent before we've had a chance to calm down. A rant put out via the Internet is a click away from being shared." Combine this with how we typically sound angrier in print, and can't see feedback from our targets, it can lead to more volatile situations than we intended. -
How Many Scientists Does It Take To Write a Paper? Apparently, Thousands
An anonymous reader writes: The Wall Street Journal takes a look at the current spike in number of contributors cedited in scientific journals. The problem is highlighted by a recent physics paper which credits 5,154 researchers. The journal reports: "In fact, there has been a notable spike since 2009 in the number of technical reports whose author counts exceeded 1,000 people, according to the Thomson Reuters Web of Science, which analyzed citation data. In the ever-expanding universe of credit where credit is apparently due, the practice has become so widespread that some scientists now joke that they measure their collaborators in bulk—by the 'kilo-author.'" -
Parts of SOPA Hiding Inside a Boring Case About Invisible Braces
derekmead writes: The most controversial parts of SOPA, an anti-piracy bill defeated in 2012 after a massive public outcry, may end up becoming de facto law after all, depending on the outcome in an obscure case that is working its way through the legal system without anyone noticing.
Next week, the U.S. Appeals Court for the Federal Circuit will hear oral arguments in ClearCorrect Operating, LLC v. International Trade Commission, a case that could give an obscure federal agency the power to force ISPs to block websites. In January, The Verge reported that this very legal strategy is already being considered by the Motion Picture Association of America, as evidenced by a leaked document from the WikiLeaks Sony dump. -
Dungeons & Dragons Is Getting a Film Franchise
New submitter IT.luddite sends word that Hasbro and Warner Bros. have announced Dungeons & Dragons will be getting its own film franchise. They already have a script, and they'll be working with production company Sweetpea Entertainment, but they haven't picked a director, yet. They'll have at least some of the people on board who worked on the D&D movie from 2000, which was a flop. The deal between Hasbro and Warner Bros. comes after a prolonged legal battle about who owned the rights to a D&D movie. They note, "All rights for future Dungeons & Dragons productions have been unified and returned to Wizards of the Coast, a wholly-owned subsidiary of Hasbro." -
Epson Is Trying To Kill the Printer Ink Cartridge
An anonymous reader writes: Inkjet printer cartridges have been the bane of many small businesses and home offices for decades. It's interesting, then, that Epson is trying something new: next month, they're launching a new line of printers that come with small tanks of ink, instead of cartridges. The tanks will be refilled using bottles of ink. They're reversing the economics, here: the printer itself will be more expensive, but the refills will be much cheaper. Early reports claim you'll be spending a tenth as much on ink as you were before, but we'll see how that shakes out. The Bloomberg article makes a good point: it's never been easier to not print things. The printer industry needs to innovate if it wants us to keep churning out printed documents, and this may be the first big step. -
Tesla Presses Its Case On Fuel Standards
An anonymous reader writes: Tesla is preparing their case to leave federal mileage and emissions regulations intact, or make them even more strict. In addition, the company is fighting other car makers from loosening more stringent regulations in California. The WSJ reports: "Tougher regulations could benefit Tesla, while challenging other auto makers that make bigger profits on higher-margin trucks and sport-utility vehicles. Tesla's vice president of development, Dairmuid O'Connell, plans to argue to auto executives and other industry experts attending a conference on the northern tip of Michigan that car companies can meet regulations as currently written. 'We are about to hear a lot of rhetoric that Americans don't want to buy electric vehicles,' Mr. O'Connell said in an interview ahead of a Tuesday presentation in Traverse City, Mich. 'From an empirical standpoint, the [regulations] are very weak, eminently achievable and the only thing missing is the will to put compelling products on the road.'" -
Japanese Police Arrest Mount Gox CEO Mark Karpeles
McGruber writes with the news as carried (paywalled) by the Wall Street Journal that Mark Karpeles, who headed bitcoin exchange Mt. Gox, has been arrested by Japanese police: In February 2014, Mount Gox filed for bankruptcy, saying it had lost 750,000 of its customers' bitcoins as well as 100,000 of its own, worth some $500 million at the time. A police spokesman said Mr. Karpelès is suspected of manipulating his own account at the company by making it appear that $1 million was added to it. The BBC reports the arrest as well, and notes that the coins missing from Mt. Gox represent 7% of all Bitcoins in circulation. -
Criminal Inquiry Sought Over Hillary Clinton's Personal Email Server
cold fjord writes: The Wall Street Journal is reporting that Inspectors General from the State Department and intelligence agencies have asked the Justice Department to open a criminal investigation into Hillary Clinton's use of a personal email server while she was U.S. Secretary of State. At issue is the possible mishandling of sensitive government information. Dozens of the emails provided by Hillary Clinton have been retroactively classified as part of the review of her emails as they are screened for public release. So far 3,000 of 55,000 emails have been released. The inspectors general found hundreds of potentially classified emails. "The Justice Department has not decided if it will open an investigation, senior officials said. ... The inspectors general also criticized the State Department for its handling of sensitive information, particularly its reliance on retired senior Foreign Service officers to decide if information should be classified, and for not consulting with the intelligence agencies about its determinations." -
Facebook Acquires Israel's Pebbles Interfaces For Reported $60 Million
New submitter caseylane94 writes: Facebook has acquired virtual reality company Pebbles Interfaces for the sum of $60 million in a bid to keep its cutting edge virtual reality technology out of the hands of competitors. The move parallels Facebook's 2014 acquisition of VR goggle producer Oculus Rift. The resulting virtual reality product is set to hit the shelves around Christmas 2015. -
Why a Chinese Buyout of Micron Is Not Likely To Succeed
Lucas123 writes: A reported $23 billion offer to purchase U.S.-based Micron, one of the largest DRAM and memory makers in the world, by a Chinese state-owned chip maker isn't likely to succeed for several reasons, not the least of which is that the U.S. government is unlikely to approve it and Micron has no reason to sell. Tsinghua Unigroup, a somewhat enigmatic company that is funded by Tsinghua University in China, offered $21 a share for Micron, which is a 19.3% premium over Micron's closing price on Monday. Micron's market cap is currently $20.7 billion. Micron has denied it received an offer from Tsinghua, but a Wall Street Journal report claimed the offer was real.
Industry analysts, however, believe Tsinghua may have used the WSJ as a trial balloon for an offer. Analysts also say rumors of a deal for Micron have been floating around for more than a month. Still, the possibility of a deal surprised some in the industry who expected China to organically grow its own DRAM and memory businesses. By acquiring Micron, however, China would instantly become a big player in what is a robust market. Fang Zhang, an IHS memory analyst, said Micron will not likely accept a buyout offer because the company has been performing well and expects to continue to do so. Additionally, the U.S. government considers chip technology vital to national security, so approval of the deal would at the very least take months if not more than a year during a time when the Chinese economy is at risk of collapse. -
For Microsoft, Windows 10 Charity Begins At Home
theodp writes: "We're investing $10 million in organizations that are upgrading the world," Microsoft announced on in its new Upgrade Your World website, which was created in conjunction with the Windows 10 launch. "We've identified nine global nonprofits, and we'd like your help choosing the 10th." The missions of the selected nonprofits include fighting global poverty, preventing children living with HIV from needlessly dying, increasing access to quality education for children in the developing world, conserving the lands and waters on which all life depends, and ensuring that all kindergartners learn 'computer science.' To paraphrase Sesame Street, can you guess which cause is not like the others? If you guessed Code.org, which wants CS made a "core" K-12 subject in U.S. schools, you're right! Coincidentally, Code.org's biggest donors include Microsoft ($3M+), Ballmer Family Giving ($3M+), and Bill Gates ($1M+). And Code.org CEO Hadi Partovi, who once reported to Satya Nadella, is coincidentally a sometimes jogging partner of Steve Ballmer, as well as the next-door neighbor of Microsoft General Counsel and Code.org Board member Brad Smith, whose FWD.us bio notes is responsible for Microsoft's philanthropic work. Code.org emerged on the scene shortly after Smith suggested that action on Microsoft's 'two-pronged' National Talent Strategy to increase K-12 CS education and the number of H-1B visas could be galvanized by 'producing a crisis'. -
Google's Driverless Cars Now Rolling In the Heart of Texas
MarkWhittington notes that, as reported by The Wall Street Journal, Google has started testing its self-driving cars in Austin. These driverless cars, loaded with the sensors, GPS transponders, and cameras, are now in service in "an area northeast and north of downtown Austin. The purpose of the test drives is to see if the car's software works in driving conditions outside of California and to develop a detailed map of Austin city streets. Each self-driving car has two human drivers ready to assume manual control if something goes wrong." -
Silicon Valley Is Filling Up With Ex-Obama Staffers
HughPickens.com writes: Edward-Isaac Dovere reports in Politico that the fastest-growing chapter of the Obama alumni association is in Silicon Valley. For the people who helped get Obama elected and worked for him once he did, there's something about San Francisco and its environs that just feels right: the emphasis on youth and trying things that might fail, chasing that feeling of working for the underdog, and even using that word "disrupting" to describe what they do. "A lot of people who moved out here were present at the creation of the Obama '08 campaign," says Tommy Vietor. "There's a piece of them that wants to replicate that." Vietor left the White House two years ago, and he and his business partner, former Obama speechwriter Jon Favreau, founded a communications strategy firm with a focus on speechwriting for tech and other start-ups. "If you're writing for a CEO out here, they're more likely to be your peer than your grandfather," says Vietor. "They're young, they're cool, they get it."
Other former Obama staffers who have come to Silicon Valley include former campaign manager and White House adviser David Plouffe at Uber, Kyle O'Connor at Nest, Semonti Stephens at Twitter; Mike Masserman, at Lyft; Brandon Lepow at Facebook; Nicole Isaac, at LinkedIn; Liz Jarvis-Shean at Civis; Jim Green and Vivek Kundra at Salesforce, Alex McPhillips at Google; Gillian Bergeron, at NextDoor; Natalie Foster at the Institute for the Future; Catherine Bracy at Code for America; Hallie Montoya Tansey at Target Labs. Nick Papas, John Baldo, Courtney O'Donnell and Clark Stevens at AirBnB, and Jessica Santillo at Uber.
There are so many former Obama staffers in the Bay Area that a recent visit by former White House senior adviser David Axelrod served as a reunion of sorts, with more than a dozen campaign and White House veterans gathering over lunch to discuss life after the administration. Obama himself rarely misses an opportunity to come to San Francisco. He says he loves the energy there, loves the people and according to Dovere, the city's ultra-liberal leanings mean he was greeted as a rock star even during the dark days before last year's midterms. Obama's even become friendly with Elon Musk. "There should be a welcome booth at the SFO airport," says Jon Carson, the former Organizing for Action executive director now at SolarCity. -
How Computer Science Education Got Practical (Again)
jfruh writes: In the 1980s and 1990s, thousands of young people who had grown up tinkering with PCs hit college and dove into curricula designed around the vague notion that they might want to "do something with computers." Today, computer science education is a lot more practical — though in many ways that's just going back to the discipline's roots. As Christopher Mims put it in the Wall Street Journal, "we've entered an age in which demanding that every programmer has a degree is like asking every bricklayer to have a background in architectural engineering." -
WSJ Overstates the Case Of the Testy A.I.
mbeckman writes: According to a WSJ article titled "Artificial Intelligence machine gets testy with programmer," a Google computer program using a database of movie scripts supposedly "lashed out" at a human researcher who was repeatedly asking it to explain morality. After several apparent attempts to politely fend off the researcher, the AI ends the conversation with "I'm not in the mood for a philosophical debate." This, says the WSJ, illustrates how Google scientists are "teaching computers to mimic some of the ways a human brain works."
As any AI researcher can tell you, this is utter nonsense. Humans have no idea how the human, or any other brain, works, so we can hardly teach a machine how brains work. At best, Google is programming (not teaching) a computer to mimic the conversation of humans under highly constrained circumstances. And the methods used have nothing to do with true cognition.
AI hype to the public has gotten progressively more strident in recent years, misleading lay people into believing researchers are much further along than they really are — by orders of magnitude. I'd love to see legitimate A.I. researchers condemn this kind of hucksterism. -
Philanthropy For Hackers
An anonymous reader writes: Sean Parker, co-founder of Napster and the first president of Facebook, was part of a generation of geeks who rode the dot-com boom to financial success. Over the past two decades, that population has dramatically increased, and former hackers are carving out spots as leaders of industry. In the Wall Street Journal, Parker has posted advice for how the hacker elite can approach philanthropy. He points out that they're already bringing a level of strategy and efficacy to charity work that hasn't been seen before. "These budding philanthropists want metrics and analytic tools comparable to the dashboards, like Mixpanel, that power their software products. They want to interact directly with the scientists, field workers and academics whose ideas power the philanthropic world but who have traditionally been hidden away in a backroom somewhere, shielded from their beneficiaries by so-called development officers." One thing he advises is keeping away from large charity organizations, which largely exist to keep themselves going. He also suggests getting actively involved with the political process, even if such organizations are often distasteful. -
The Next Java Update Could Make Yahoo Your Default Search Provider
itwbennett writes: At the company's shareholder meeting on Wednesday, Yahoo CEO Marissa Mayer announced a partnership with Oracle that could result in Yahoo becoming your default search provider in your browser. Starting this month, when users are prompted to update to the next version of Java, they'll be asked to make Yahoo their default search engine on Chrome (and Internet Explorer, for what it's worth). And, according to a Wall Street Journal report, the button will be checked by default, so if you aren't looking out for it, you might unwittingly find yourself a Yahoo user. -
Apple De-Certifies Monster Cables After Lawsuit Against Beats
An anonymous reader writes: Since 2005, Monster cables have been licensed under Apple's "Made For iDevice" program, which lets cable manufacturers put a logo on their product signifying they work with Apple products. Now, Apple has revoked that certification. In January of this year, Monster sued Beats, accusing its founders of fraud. Beats was acquired by Apple in 2014, and Monster is accusing Apple of bullying them by terminating the licensing deal. Monster's general counsel said the move would "significantly disrupt Monster's business and that the two companies had worked well for years, with Monster paying Apple more than $12 million in licensing fees since 2008." -
South Korea Tracks Mobile Phones Over MERS Outbreak
An anonymous reader tips news that South Korea has stepped up its efforts to fight an outbreak of Middle East Respiratory Syndrome (MERS) after the number of known cases keeps increasing rapidly. World health officials are not recommending general travel restrictions, but members of the public are being advised not to do so. Nearly 2,000 schools have been closed, and 2,300 people are in quarantine. The South Korean government is also taking the unusual step of using mobile phones to track which citizens may have been in contact with confirmed MERS patients. The outbreak in South Korea has been traced back to a man who went to multiple medical centers in mid-May seeking treatment for his symptoms. The government is apologizing for its slow response to the situation, and hoping the economic damage won't be too bad. -
Self-Driving Cars To Transform Insurance and Other Industries
MarkWhittington writes: The advent of commercially available self-driving cars is about five years away, but already some are thinking about how they will disrupt the economy and how society operates in general. One industry likely to suffer is that of auto insurance. Since the vast majority of auto accidents are caused by human error, having more autonomous vehicles on the road will almost assuredly result in fewer overall accidents. Further, once we've transitioned to a society that mostly gets around using self-driving vehicles, most accidents will be the result of hardware and software malfunctions. Insurance for self-driving cars would more resemble product liability coverage than the sort of auto insurance we have today. Indeed, the technology will also likely impact diverse industries such as auto mechanics, taxi services, and health care, as well as policing. -
Everyone Hates Harvard
theodp writes: Hedge fund manager John Paulson personally took home nearly $4 billion in 2007 after convincing banks to create securities of sub-prime mortgages he could bet against. Now Harvard, which originally passed on an opportunity to join alum Paulson in his big bet, is also reaping the rewards of the nation's financial crisis as it renames its engineering school the "Harvard John A. Paulson School of Engineering and Applied Sciences" after receiving a staggering $400 million donation from Paulson, the largest gift in the university's history. Quartz argues that Paulson's $400 million Harvard donation just reinforces inequality. Author Malcolm Gladwell took to Twitter to voice his distaste (sampling: 1. "It came down to helping the poor or giving the world's richest university $400 mil it doesn't need. Wise choice John!" 2. "If billionaires don't step up, Harvard will soon be down to its last $30 billion." 3. "It's going to be named the John Paulson School of Financial Engineering.") And, in Everyone Hates Harvard, Philip Greenspun notes that even WSJ readers reacted with vitriol to the news. "I would have thought that Paulson would be a hero to market-following WSJ readers," remarks Greenspun, "not a villain." -
Carnegie Mellon Struggles After Uber Poaches Top Robotics Researchers
ideonexus sends a report from the Wall Street Journal (paywalled) saying Uber has poached 40 researchers from Carnegie Mellon University in an attempt to jump-start development of autonomous vehicle technology. In February, Uber and CMU's National Robotics Engineering Center announced a partnership to work together on the technology. But according to the WSJ, Uber quickly offered massive bonuses and salary increases to simply bring many of the researchers in-house. The NREC's new director made a presentation a few weeks ago about strategies for rebuilding and recovering. The presentation said NREC’s funding from contracts to develop technology with the U.S. Department of Defense and other organizations was expected to sink as low as $17 million from the $30 million originally projected for this year. Some contracts scientists were working on disappeared when the researchers left, accounting for the drop in funding. And it appeared the center would have to raise salaries significantly to prevent more exits. A few scientists left NREC for other companies in Pittsburgh because of concerns the center might be shut down, said two people familiar with the departures. -
The Patriot Act May Be Dead For Good
HughPickens.com points out Shane Harris's report at The Daily Beast that when powerful spying authorities under the Patriot Act expire at the stroke of midnight Monday, as currently appears likely, they may never return. "Senators have been negotiating over whether to pass a House bill that would renew and tweak existing provisions in the long-controversial law, but if the sunset comes and the provisions are off the books, lawmakers in both chambers would be facing a vote to reinstate controversial surveillance authorities, which is an entirely different political calculation. ... Three major Patriot provisions are on the chopping block: so-called roving wiretaps, which let the government monitor one person's multiple electronic devices; the "lone-wolf" provision, which allows surveillance of someone who's not connected to a known terrorist group; and Section 215, which, among other things, the government uses to collect the records of all landline phone calls in the United States." Obama has been urging Congress to pass the Freedom Act, but not warning that the sky will fall if they don't. That may reflect a calculation on the president's part that the surveillance authorities aren't important enough to lose political capital fighting to keep them. Meanwhile with the Senate not slated to return to Washington until just hours before that deadline, opponents like Sens. Rand Paul (R-Ky.) and Ron Wyden (D-Ore.) showing no signs of budging, and the House so far unwilling to bail out the upper chamber, the prospects for an eleventh-hour breakthrough look slim. -
Hot Topic To Buy ThinkGeek Parent Company Geeknet
jones_supa points out the news (also at Ars Technica, and -- paywalled -- at the Wall Street Journal) that clothing and music retailer Hot Topic has announced plans to buy Geeknet, parent company of ThinkGeek and ThinkGeek Solutions, for $117.3 million. ThinkGeek Solutions is a distributor of video-game themed merchandise through licensed web stores. Hot Topic Inc. will pay $17.50 per Geeknet share. Privately held Hot Topic, based in Los Angeles, has more than 650 stores in the U.S. and Canada. Geeknet will become a Hot Topic subsidiary. This news inspires some nostalgia here; ThinkGeek was for a long time one of Slashdot's sister sites under the umbrella of VA Linux, and I had some fun years back helping to set up the ThinkGeek booth at LinuxWorld in New York. -
Tech Bubble? What Tech Bubble?
HughPickens.com writes: Conor Dougherty writes in the NYT that the tech industry's venture capitalists — the financiers who bet on companies when they are little more than an idea — are going out of their way to avoid the one word that could describe what is happening around them: Bubble. "I guess it is a scary word because in some sense no one wants it to stop," says Tomasz Tunguz. "And so if you utter it, do you pop it?" In 2000, tech stocks crashed, venture capital dried up and many young companies were vaporized. Today, people see shades of 2000 in the enormous valuations assigned to private companies like Uber, with a valuation of $41 billion, and Slack, the corporate messaging service that is about a year old and valued at $2.8 billion in its latest funding round. A few years ago private companies worth more than $1 billion were rare enough that venture capitalists called them "unicorns." Today, there are 107 unicorns and while nobody doubts that many of tech's unicorns are indeed real businesses, valuations are inflating, leading some people to worry that investment decisions are being guided by something venture capitalists call FOMO — the fear of missing out.
With interest rates at historic lows, excess capital causes investment bubbles. The result is too much money chasing too few great deals. Unfortunately, overcapitalizing startups with easy money results in superfluous spending and dangerously high burn rates and investors are happy to admit that this torrid pace of investment has started to worry them. "Do I think companies are overvalued as a whole? No," says Sam Altman, president of Y Combinator. "Do I think too much money can kill good companies? Yes. And that is an important difference." -
WSJ Crowdsources Investigation of Hillary Clinton Emails
PvtVoid writes: The Wall Street Journal now has a page up that encourages readers to sift through and tag Hillary Clinton's emails on Benghazi. Users can click on suggested tags such as "Heated", "Personal", "Boring", or "Interesting", or supply their own tags. What could possibly go wrong? I'm tagging this story "election2016." -
Why Apple Ditched Its Plan To Build a Television
Apple has been rumored to be developing their own line of HDTVs for years, but a new report from the Wall Street Journal (paywalled) says while those plans did exist, they've been abandoned. Apple began pondering the idea of jumping into the television market roughly a decade ago, as iTunes started hosting video content. The AppleTV made a foray into living rooms in 2007, and other devices reached the prototype stage. The company continued to do research and work on their ideas, but eventually gave up more than a year ago. Apple had searched for breakthrough features to justify building an Apple-branded television set, those people said. In addition to an ultra-high-definition display, Apple considered adding sensor-equipped cameras so viewers could make video calls through the set, they said. Ultimately, though, Apple executives didn't consider any of those features compelling enough to enter the highly competitive television market, led by Samsung Electronics Co. Apple typically likes to enter a new product area with innovative technology and easier-to-use software. -
Feds Order Amtrak To Turn On System That Would've Prevented Crash
McGruber writes: Last Tuesday evening, northbound Amtrak Northeast Regional train No. 188 derailed on a curve in Philadelphia, killing eight passengers. The train was traveling in excess of 100 mph, while the curve had a passenger-train speed limit of 50 mph. In response, the Federal Railroad Administration (FRA) is issuing formal emergency orders that will require Amtrak to make sure automatic train control systems work Northbound through Philadelphia at and near the site of the derailment. The FRA is also requiring that Amtrak assess the risk of all curves along the NEC and increase the amount and frequency of speed limit signs along the railroad. FRA's emergency order is newsworthy because Amtrak's existing signal system could have been configured to prevent a train from exceeding speed limits, according to the Wall Street Journal. -
Harvard Hit With Racial Bias Complaint
An anonymous reader writes: A coalition of 64 organizations filed a complaint against Harvard on Friday alleging the university discriminates against Asian-American applicants hoping to attend classes there. "Many studies have indicated that Harvard University has been engaged in systemic and continuous discrimination against Asian-Americans during its very subjective 'Holistic' college admissions process." One such study shows Asian-Americans had to score an average of 140 points higher than white students on their SAT test to have an equal chance of getting in. The complaint seeks a federal investigation and demands Harvard "immediately cease and desist from using stereotypes, racial biases and other discriminatory means in evaluating Asian-American applicants."