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Stories · 13,059
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Apple Has a Record $250 Billion In Cash, 90% of It Is Banked Overseas (phonearena.com)
An anonymous reader quotes a report from Phone Arena: On Tuesday, Apple is expected to report its fiscal second quarter earnings. In that report, the tech titan will reportedly announce that it is holding $250 billion in cash. If you think that this is a lot of money, you're absolutely right. According to Marketwatch.com, this is more than the foreign currency reserves held by the U.K. and Canada combined. Looking at it another way, at current valuations Apple could purchase all of the outstanding shares of Walmart and Procter & Gamble and still have money left over. It has taken Apple only 4 and half years to double its cash hoard. During the fiscal first quarter of 2017, Apple was adding $3.6 million to its cash position every hour. It finished the quarter ending in December with $246.09 billion in cash. 90% of the money is banked overseas, which means that Apple would be one of the companies to benefit the most from President Trump's plan to offer a one time tax break on repatriated funds.
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India Aims To Make Every Car Electric By 2030 In Bid To Tackle Pollution (independent.co.uk)
India's energy minister has unveiled plans for every car sold in the country to be powered by electricity by the year 2030. "The move is intended to lower the cost of importing fuel and lower costs for running vehicles," reports The Independent. From the report: âoeWe are going to introduce electric vehicles in a very big way," coal and mines minister Piyush Goyal said at the Confederation of Indian Industry Annual Session 2017 in New Delhi. "We are going to make electric vehicles self-sufficient... The idea is that by 2030, not a single petrol or diesel car should be sold in the country." Mr Goyal said the electric car industry would need between two and three years of government assistance, but added that he expected the production of the vehicles to be "driven by demand and not subsidy" after that. "The cost of electric vehicles will start to pay for itself for consumers," he said according to the International Business Times. "We would love to see the electric vehicle industry run on its own," he added. An investigation by Greenpeace this year found that as many as 2.3 million deaths occur every year due to air pollution in the country. The report, entitled "Airpocalypse," claimed air pollution had become a "public health and economic crisis" for Indians. It said the number of deaths caused by air pollution was only "a fraction less" than the number of deaths from tobacco use, adding that 3 percent of the country's Gross Domestic Product (GDP) was lost to the levels of toxic smog.
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'There's No Good Way To Kill a Bad Idea' (qz.com)
The world is filled with bad, baseless, factually inaccurate ideas that refuse to die. From an article: Philosopher Russell Blackford, a lecturer at the University of Newcastle in Australia, tweeted about this phenomenon earlier this month: "The momentum behind bad ideas can be enormous -- they can plunge on, gathering force, long after receiving devastating criticism." If you've ever found yourself unable to halt someone else's idiotic plans once they were already in motion, you're not alone. Whether you're a politician trying to make congress see sense or simply a manager trying to halt an atrocious team-building plan, there's simply no foolproof way to kill a terrible idea. Blackford blames the momentum behind bad ideas on cascade effects. Yes, individuals are prone to making poor decisions for emotional or biased reasons (known as "cognitive heuristics") and this irrationality is part of the problem. But there's also a broader sociological issue, in that others' opinions carry a huge amount of weight in influencing our views. A cultural consensus -- even without proper evidence -- can form pretty quickly. If one person convinces a second, says Blackford, then a third person will be far more likely to agree with the majority view. This effect exponentially increases with each person who agrees with the others. "We soon have a sociological effect whereby everyone knows that, say, a certain movie is very good or very bad, even though everyone might have 'known' the exact opposite if only a few early voices had been different," says Blackford.
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Trump Has Grand Plan For Mission To Mars But Nasa Advises: Cool Your Jets (theguardian.com)
Donald Trump would like to see Americans walk on Mars during his presidency. Nasa would love to get there that quickly, too. The reality of space travel is slightly more complicated, however. From a report: On Monday, during a call with astronaut Peggy Whitson, who was aboard the International Space Station, Trump pressed her for a timeline on a crewed mission to Mars, one of Nasa's longest standing and most daunting goals. "Tell me, Mars," he asked her from the Oval Office, "what do you see a timing for actually sending humans to Mars? Is there a schedule and when would you see that happening?" Whitson answered by pointing out that Trump, by signing a Nasa funding bill last month, had already approved a timeline for a mission in the 2030s. She added that Nasa was building a new heavy-launch rocket, which would need testing. "Unfortunately space flight takes a lot of time and money," she said. "But it is so worthwhile doing." Trump replied: "Well, we want to try and do it during my first term or, at worst, during my second term, so we'll have to speed that up a little bit, OK?" It was not clear whether the president meant the remark as a quip or something more serious.
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Massive Tinder Photo Scrape Has Users Upset (techcrunch.com)
Images of Tinder users "were swept up in a massive grab of some 40,000 photos from the dating app by a dataset collector who plans to use the selfies in artificial intelligence training," writes Slashdot reader Frosty Piss, sharing this summary of a report in TechCrunch. Tinder said in a statement that the photo sweeper "violated the terms of our service" and "we are taking appropriate action and investigating further." The creator of the data set, Stuart Colianni, has released it under a CC0: Public Domain License and also uploaded his scraper script to GitHub.
He describes it as a "simple script to scrape Tinder profile photos for the purpose of creating a facial dataset," saying his inspiration for creating the scraper was disappointment working with other facial data sets. He also describes Tinder as offering "near unlimited access to create a facial data set," and says scraping the app offers "an extremely efficient way to collect such data."
The article notes that Tinder's API has already been used for other "weird, wacky, and creepy" projects, including "hacking it to automatically like every potential date to save on thumb-swipes; offering a paid look-up service for people to check up on whether a person they know is using Tinder; and even building a catfishing system to snare horny bros and make them unwittingly flirt with each other.
"So you could argue that anyone creating a profile on Tinder should be prepared for their data to leech outside the community's porous walls in various different ways -- be it as a single screenshot, or via one of the aforementioned API hacks. But the mass harvesting of thousands of Tinder profile photos to act as fodder for feeding AI models does feel like another line is being crossed." -
Australia Wants ISPs To Protect Customers From Viruses (sophos.com)
An anonymous reader quotes Sopho's Naked Security blog: In a column in The West Australian, Dan Tehan, Australia's cybersecurity minister, wrote: "Just as we trust banks to hold our money, just as we trust doctors with our health, in a digital age we need to be able to trust telecommunications companies to protect our information from threats." A companion news article in the same newspaper cited Tehan as arguing that "the onus is on telecommunications companies to develop products to stop their customers being infected with viruses"...
Tehan's government roles include assisting the prime minister on cybersecurity, so folks throughout Australia perked up when he said all this. However, it's not clear if there's an actual plan behind Tehan's observations -- or if there is, whether it will be backed by legal mandates... Back home in Australia, some early reactions to the possibility of any new government interference weren't kind. In iTWire, Sam Varghese said, "Dan Tehan has just provided the country with adequate reasons as to why he should not be allowed anywhere near any post that has anything to do with online security."
The West Australian also reports Australia's prime minister met telecommunications companies this week, "where he delivered the message the Government expected them to do more to shut dodgy sites and scams," saying the government will review current legislation to "remove any roadblocks that may be preventing the private sector and government from delivering such services." -
EPA Website Removes Climate Science Site From Public View After Two Decades (washingtonpost.com)
Last week there were reports that the EPA climate change website was set to be taken down, though later the EPA denied that. On Friday evening, however, the Environmental Protection Agency announced its website would be "undergoing changes" to better represent the new direction the agency is taking, triggering the removal of several agency websites containing detailed climate data and scientific information (paywalled; alternative source). From a report on The Washington Post: One of the websites that appeared to be gone had been cited to challenge statements made by the EPA's new administrator, Scott Pruitt. Another provided detailed information on the previous administration's Clean Power Plan, including fact sheets about greenhouse gas emissions on the state and local levels and how different demographic groups were affected by such emissions. The changes came less than 24 hours before thousands of protesters were set to march in Washington and around the country in support of political action to push back against the Trump administration's rollbacks of former president Barack Obama's climate policies.
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Surgeon Plans To 'Reawaken' Cryogenically Frozen Brains, Transplant Them Into Someone Else's Skull (nationalpost.com)
Sergio Canavero, the Italian surgeon who plans to perform the world's first human head transplant within the next year, says he is preparing to reawaken cryogenically frozen brains and transplant them into someone else's skull. "In an interview with a German-language magazine, Canavero says he will attempt to bring the first brains frozen in liquid nitrogen at an Arizona-based cryogenics bank back to life 'not in 100 years,' but three years at the latest," reports National Post. From the report: Transplanting a brain only -- and not an entire head -- gets around formidable rejection issues, Canavero said, since there will be no need to reconnect and stitch up severed vessels, nerves, tendons and muscles as there is when a new head is fused onto a brain-dead donor body. Canavero allows that one "problematic" issue with brain transplants, however, would be that "no aspect of your original external body remains the same." "Your head is no longer there, your brain is transplanted into an entirely different skull," he told OOOM magazine, published by the same company that handles the Italian brain surgeon's public relations. The flamboyant neuroscientist who some ethicists have decried as "nuts" rattled the transplant world when he first outlined his plans for a human head transplant two years ago in the journal, Surgical Neurology International. Bioethicist Arthur Caplan called Canavero's latest proposal to merge head transplants with "resurrecting" the frozen dead beyond ridiculous. "People have their own doubts about whether anything can be salvaged from these frozen heads or bodies because of the damage freezing does," said Caplan, head of ethics at NYU Langone Medical Centre in New York City. "Then saying that he has some technique for making this happen, that has never been demonstrated in frozen animals, is absurd."
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AT&T To Roll Out 5G Network That's Not Actually 5G (yahoo.com)
AT&T announced plans to deliver what it's calling the "5G Evolution" network to more than 20 markets by the end of the year. While the company is "using some wordsmithing to deliver to you faster internet speeds," it's important to note that this is not actually a real 5G network. Yahoo reports: 5G still has years of development and testing before it will be rolled out across the U.S. So don't let AT&T's use of "5G" make you think that the next-generation wireless standard has arrived. In reality, the 5G AT&T is talking about is a bumped-up version of its 4G LTE to help it bridge the gap until the real 5G, with its ultra-fast speeds and better bandwidth, is rolled out. It's also important to note that AT&T won't offer its 5G Evolution technology to all of its customers initially. In fact, it's currently only available in Austin, TX, and the company plans to extend it to Atlanta, Boston, Chicago, Los Angeles, and other big markets in the coming months. If you're in a smaller metro market, you'll be out of luck. Perhaps the biggest limitation, and the reason few people will likely have the chance to actually use the 5G Evolution, is that AT&T is restricting it to select devices -- specifically, the Samsung Galaxy S8 and S8+. While that's great if you have one of those particular phones in one of the specific cities where AT&T's faster service exists, it's not so great if you're using another device.
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Tesla's German Automation Expert Klaus Grohmann Ousted After Clash With CEO Musk (reuters.com)
According to Reuters, "Tesla executive Klaus Grohmann was ousted last month after a clash with CEO Elon Musk over the strategy of Grohmann's firm, which Tesla had acquired in November." Grohmann Engineer's automation and engineering expertise is being relied upon by Tesla to help it increase production to 500,000 cars per year by 2018. From the report: Tesla planned to keep Grohmann on, and Grohmann wanted to stay, but the clash with Musk over how to treat existing clients resulted in his departure, the source said. Grohmann disagreed with Musk's demands to focus management attention on Tesla projects to the detriment of Grohmann Engineering's legacy clients, which included Tesla's direct German-based rivals Daimler and BMW, two sources familiar with the matter said. "I definitely did not depart because I had lost interest in working," Grohmann said, without elaborating. A Tesla spokesman, asked about Grohmann's departure, praised him for building an "incredible company" and said: "Part of Mr Grohmann's decision to work with Tesla was to prepare for his retirement and leave the company in capable hands for the future. Given the change in focus to Tesla projects, we mutually decided that it was the right time for the next generation of management to lead."
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Apple Is In Talks To Launch Its Own Venmo (recode.net)
An anonymous reader quotes a report from Recode: The company has recently held discussions with payments industry partners about introducing its own Venmo competitor, according to multiple sources familiar with the talks. The service would allow iPhone owners to send money digitally to other iPhone owners, these people said. One source familiar with the plans told Recode they expect the company to announce the new service later this year. Another cautioned that an announcement and launch date may not yet be set. The new Apple product would compete with offerings from big U.S. banks as well as PayPal, its millennial-popular subsidiary Venmo, as well as Square Cash in the increasingly competitive world of digital money-transfers. Apple has also recently held discussions with Visa about creating its own pre-paid cards that would run on the Visa debit network and which would be tied to the new peer-to-peer service, sources told Recode. People would be able to use the Apple cards to spend money sent to them through the new service, without having to wait for it to clear to their bank account.
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Chrome Will Start Marking HTTP Sites In Incognito Mode As Non-Secure In October (venturebeat.com)
Reader Krystalo writes: Google today announced the second step in its plan to mark all HTTP sites as non-secure in Chrome. Starting in October 2017, Chrome will mark HTTP sites with entered data and HTTP sites in Incognito mode as non-secure. With the release of Chrome 56 in January 2017, Google's browser started marking HTTP pages that collect passwords or credit cards as "Not Secure" in the address bar. Since then, Google has seen a 23 percent reduction in the fraction of navigations to HTTP pages with password or credit card forms on Chrome for desktop. Chrome 62 (we're currently on Chrome 58) will take this to the next level.
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Facebook Pledges To Crack Down on Government-led Misinformation Campaigns (theverge.com)
Facebook is pressing its enforcement against what it calls "information operations" -- bad actors who use the platform to spread fake news and false propaganda. From a report: The company, which published a report on the subject today, defines these operations as government-led campaigns -- or those from organized "non-state actors" -- to promote lies, sow confusion and chaos among opposing political groups, and destabilize movements in other countries. The goal of these operations, the report says, is to manipulate public opinion and serve geopolitical ends. The actions go beyond the posting of fake news stories. The 13-page report specifies that fake news can be motivated by a number of incentives, but that it becomes part of a larger information operation when its coupled with other tactics and end goals. Facebook says these include friend requests sent under false names to glean more information about the personal networks of spying targets and hacking targets, the boosting of false or misleading stories through mass "liking" campaigns, and the creation propaganda groups. The company defines these actions as "targeted data collection," "false amplification," and "content creation." Facebook plans to target these accounts by monitoring for suspicious activity, like bursts of automated actions on the site, to enact mass banning of accounts.
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Apple Wants To Turn Its Music App Into a One-Stop Shop For Pop Culture (bloomberg.com)
Jimmy Iovine, one of the heads of Apple Music, has long expressed desires to make Apple Music "an entire pop cultural experience." The company, he has previously said, will do so partly by including original video content into its music app. Now, in an interview with Bloomberg, he added that the company plans to include original shows and videos with high-profile partners such as director J.J. Abrams and rapper R. Kelly. Iovine adds, from the interview: A music service needs to be more than a bunch of songs and a few playlists. I'm trying to help Apple Music be an overall movement in popular culture, everything from unsigned bands to video. We have a lot of plans. We have the freedom, because it's Apple, to make one show, three shows, see what works, see what doesn't work until it feels good. The article also sheds light on Iovine's personality: Iovine fidgets when he talks. As his mind wanders, he takes his jacket off, then puts it back on. He frequently clutches his legs, contorting himself into a ball. He's a font of ideas with industry contacts to help execute every one of them. He turned to Pharrell Williams and Gwen Stefani for help picking the model for Beats headphones. Some ideas get Iovine into trouble. He's taken meetings with artists and made arrangements to release music without telling anyone in advance, frustrating colleagues. He's persuaded artists to release music exclusively with Apple, frustrating record labels.
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Chinese, European Space Agencies In Talks To Build a Moon Base (techcrunch.com)
ESA's Pal Hvistendahl has confirmed via Bloomberg that Chinese and European space agencies are talking with one another about plans to build a base on the moon. The discussions "involve working together to build a human-occupied 'moon village' from which both agencies can potentially launch Mars missions, conduct research, and possibly explore commercial mining and tourism projects," reports TechCrunch. From the report: China's upcoming projects in space include a mission to collect samples from the moon via an uncrewed craft by the end of this year, and to also launch an exploratory mission to the far side of the moon next year, with the similar aim of returning samples for study. The ESA's collaboration with China thus far include participating in the study of those returned samples, and potentially sending a European astronaut to the Chinese space station (which is currently unoccupied) at some future date.
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FCC Announces Plan To Reverse Title II Net Neutrality (theverge.com)
An anonymous reader quotes a report from The Verge: The Federal Communications Commission is cracking open the net neutrality debate again with a proposal to undo the 2015 rules that implemented net neutrality with Title II classification. FCC chairman Ajit Pai called the rules "heavy handed" and said their implementation was "all about politics." He argued that they hurt investment and said that small internet providers don't have "the means or the margins" to withstand the regulatory onslaught. "Earlier today I shared with my fellow commissioners a proposal to reverse the mistake of Title II and return to the light touch framework that served us so well during the Clinton administration, Bush administration, and first six years of the Obama administration," Pai said today. His proposal will do three things: first, it'll reclassify internet providers as Title I information services; second, it'll prevent the FCC from adapting any net neutrality rules to practices that internet providers haven't thought up yet; and third, it'll open questions about what to do with several key net neutrality rules -- like no blocking or throttling of apps and websites -- that were implemented in 2015. Pai will publish the full text of his proposal tomorrow, and it will be voted on by the FCC on May 18th.
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Energy Star Program For Homes And Appliances Is On Trump's Chopping Block (npr.org)
Appliance manufacturers and home builders are in Washington, D.C., today to celebrate a popular energy efficiency program, even as it's slated for elimination in President Trump's proposed budget. NPR adds: You probably know the program's little blue label with the star -- the Environmental Protection Agency says 90 percent of U.S. households do. [...] The 25-year-old Energy Star program appears to be targeted simply because it's run by the federal government. It's one of 50 EPA programs that would be axed under Trump's budget plan, which would shrink the agency's funding by more than 30 percent. Critics of Energy Star say the government should get involved in the marketplace only when absolutely necessary. But that argument doesn't hold sway for the program's legions of supporters, which span nonprofits, companies and trade groups.
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The Cheap Energy Revolution Is Here, and Coal Won't Cut It (bloomberg.com)
An anonymous reader shares a report: Wind and solar are about to become unstoppable, natural gas and oil production are approaching their peak, and electric cars and batteries for the grid are waiting to take over. This is the world Donald Trump inherited as U.S. president. And yet his energy plan is to cut regulations to resuscitate the one sector that's never coming back: coal. Clean energy installations broke new records worldwide in 2016, and wind and solar are seeing twice as much funding as fossil fuels, according to new data released Tuesday by Bloomberg New Energy Finance (BNEF). That's largely because prices continue to fall. Solar power, for the first time, is becoming the cheapest form of new electricity in the world. But with Trump's deregulations plans, what "we're going to see is the age of plenty -- on steroids," BNEF founder Michael Liebreich said. "That's good news economically, except there's one fly in the ointment, and that's climate."
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Sergey Brin Is Reportedly Building 'Massive Airship' In NASA Research Center (bloomberg.com)
Google co-founder Sergey Brin is secretly building a "massive airship" inside of Hangar 2 at the NASA Ames Research Center, according to a report from Bloomberg. "It's unclear whether the craft, which looks like a zeppelin, is a hobby or something Brin hopes to turn into a business," reports Bloomberg. When asked about further details, Brin wrote in an email: "Sorry, I don't have anything to say about this topic right now." From the report: The people familiar with the project said Brin has long been fascinated by airships. His interest in the crafts started when Brin would visit Ames, which is located next to Google parent Alphabet Inc.'s headquarters in Mountain View, California. In the 1930s, Ames was home to the USS Macon, a huge airship built by the U.S. Navy. About three years ago, Brin decided to build one of his own after ogling old photos of the Macon. In 2015, Google unit Planetary Ventures took over the large hangars at Ames from NASA and turned them into laboratories for the company. Brin's airship, which isn't an Alphabet project, is already taking shape inside one. Engineers have constructed a metal skeleton of the craft, and it fills up much of the enormous hangar. Alan Weston, the former director of programs at NASA Ames, is leading Brin's airship project, according to the people, who asked not to be named discussing the secretive plans. Weston didn't respond to requests for comment.
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Uber is Getting Serious About Building Real, Honest-To-God Flying Taxis (theverge.com)
An anonymous reader shares an article: When Uber first announced its crazy-sounding plan to explore "on-demand urban aviation" -- essentially a network of flying taxis that could be hailed via a smartphone app and flown from rooftop to rooftop -- the company made it clear that it never intended to go it alone. Today, as it kicked off its three-day Elevate conference in Dallas, Texas, the ride-hail company announced a slew of partnerships with cities, aviation manufacturers, real estate, and electric charging companies, in its effort to bring its dream of flying cars a little closer to reality. Uber said it will be teaming up with the governments of Dallas-Fort Worth and Dubai to bring its flying taxis to those cities first. It is also joining forces with real estate firm Hilwood Properties in Dallas-Fort Worth to identify sites where it will build takeoff and landing pads, which Uber calls "vertiports." It has signed contracts (or is in the midst of contract negotiations) with five aircraft manufacturers to work on the design and production of lightweight, electrically powered vertical takeoff and landing (VTOL) aircraft. And it launched a partnership with an electric charging company called ChargePoint, to develop charging stations for Uber's flying taxis.