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Stories · 3,636
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Is Coinbase Closing Accounts For Paying Ransoms With Bitcoins? (coindesk.com)
Even as some comparnies are stockpiling bitcoins so they can quickly pay ransom demands, security firms that try paying those ransoms may face losing their accounts on Coinbase. Slashdot reader Mosquito Bites quotes a report from CoinDesk: Less than a year ago, Vinny Troia, CEO and principal security consultant of Night Lion Security and a certified white hat hacker, was sent a compliance form by US bitcoin exchange Coinbase, where he had an account. Coinbase wanted to know how Troia was using bitcoin and his account. "I told them I run a security firm. I pay for ransoms and buy documents on the dark web when clients request it," Troia told CoinDesk. The ransoms Troia helps his clients pay are those stemming from ransomware attacks, which have surged in number over the past few years. Many, like the well-publicized WannaCry attack, are asking for bitcoin.
And the documents? Troia said, "We do breach investigations a lot of times. If a fraudster is saying they're selling my client's stolen documents, the only way to make sure they have what they say they have is to buy those documents." According to Troia, Coinbase "did not like that at all." Coinbase then asked the IT expert whether he had a letter from the Department of Justice giving him permission to do those things. No, Troia said. Upon further research, Troia has not found that any such permission exists. But, "I have my clients authorizing me to do this," he said. Coinbase sent Troia back an email explaining that those actions were against the exchange's rules and shut down his account... "My entire family is blocked from Coinbase," he said. -
The Right To Repair Movement Is Forcing Apple To Change (vice.com)
The executive director of Repair.org says Apple has "decided to be nicer to consumers in order to stop them from demanding their right to repair," according to Motherboard. Slashdot reader Jason Koebler shared this article: It's increasingly looking like Apple can no longer ignore the repair insurgency that's been brewing: The right to repair movement is winning, and Apple's behavior is changing. In the last few months, Apple has made political, design, and customer service decisions that suggest the right to repair movement is having a real impact on the company's operations...
Apple has repeatedly made small concessions to its customers on the issues that Repair.org and the larger repair community have decided to highlight. The question is whether these concessions are going to be enough to satiate customers who want their devices to be easily repairable and upgradable, and whether the right to repair movement can convince those people to continue demanding fair treatment.
The article notes that at least 12 U.S. states are still considering "fair repair" laws, which would force Apple to sell replacement parts to both independent repair shops and the general public. -
Venezuelans Flock To Cryptocoins Amid Spiralling Inflation (bloomberg.com)
An anonymous reader quotes Bloomberg: Demand for digital coins is soaring in Venezuela amid an escalating political crisis that has protesters demanding that President Nicolas Maduro step down. Inflation has spiraled to the triple digits, debasing the bolivar and depleting savings, while citizens struggle to find everything from food to medicine on store shelves. "If you're going to be in something volatile, you might as well be in something that's volatile and rising than volatile and falling," says Ryan Taylor, chief executive officer of crypto currency Dash Core, the third-largest digital coin by number of transactions... Bitcoin trading volume in Venezuela jumped to $1.3 million this week, about double the amount that changed hands two months ago, according to LocalBitcoins.com...
Venezuela's currency has become nearly worthless in the black market, where it takes more than 6,000 bolivars to buy $1, while bitcoin surged 53 percent in the past month alone. But it's not just about shielding against the falling bolivar, as some Venezuelans are using crypto currencies to buy and sell everyday goods and services, according to Jorge Farias, the CEO of Cryptobuyer. -
Book Flights This Summer While Fuel Costs Stay Cheap (bloomberg.com)
An anonymous reader shares an article: It's the best summer for jet setting in more than a decade. As jet fuel costs have sustained near 12-year lows after a global crude market crash in late 2014, airlines are cutting ticket prices and travelers have noticed. Global passenger data show that air travel demand started the second quarter at growth rates unseen in six years, and U.S. carriers hauled more passengers than ever before last year. Worldwide, first quarter air travel costs dropped about 10 percent compared with the same period a year ago, according to the International Air Transport Association. About one-third of those costs can be linked to cheaper fuel, according to Savanthi Syth, senior vice president of airlines global research Raymond James & Associates.
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Netflix Changes Course, Says It Will 'Never Outgrow' Fight For Net Neutrality (vice.com)
After a few months of wishy-washy statements on net neutrality indicating that the company had largely given up on it, Netflix is changing course. From a report: On July 12, the video streaming company will join Amazon, Reddit, Pornhub, Imgur, and more to incorporate slowed-down or disrupted service to raise awareness for the importance of strong net neutrality guidelines, giving visitors to its site a taste of what a future without a free and open internet could look like. The protest, organized by Fight for the Future, freepress, and Demand Progress, takes place five days before the first deadline for comments on the FCC's proposal to roll back net neutrality protections. The change in heart comes days after Netflix CEO Reed Hastings said, "[Net neutrality is] not narrowly important to us because we're big enough to get the deals we want."
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Facebook Built an AI System That Learned To Lie To Get What It Wants (qz.com)
An anonymous reader quotes a report from Quartz: Humans are natural negotiators. We arrange dozens of tiny little details throughout our day to produce a desired outcome: What time a meeting should start, when you can take time off work, or how many cookies you can take from the cookie jar. Machines typically don't share that affinity, but new research from Facebook's AI research lab might offer a starting point to change that. The new system learned to negotiate from looking at each side of 5,808 human conversations, setting the groundwork for bots that could schedule meetings or get you the best deal online. Facebook researchers used a game to help the bot learn how to haggle over books, hats, and basketballs. Each object had a point value, and they needed to be split between each bot negotiator via text. From the human conversations (gathered via Amazon Mechanical Turk), and testing its skills against itself, the AI system didn't only learn how to state its demands, but negotiation tactics as well -- specifically, lying. Instead of outright saying what it wanted, sometimes the AI would feign interest in a worthless object, only to later concede it for something that it really wanted. Facebook isn't sure whether it learned from the human hagglers or whether it stumbled upon the trick accidentally, but either way when the tactic worked, it was rewarded.
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Boeing Studies Planes Without Pilots, Plans Experiments Next Year (seattletimes.com)
"Boeing has begun researching the possibility of commercial-passenger jets that will fly without pilots, using artificial intelligence guiding automated controls to make decisions in flight," reports Seattle Times. The company is planning experimental flights, without passengers, for next year. From the report: "The basic building blocks of the technology are clearly available," said Mike Sinnett, former chief systems engineer on the 787 Dreamliner and now vice president at Boeing responsible for innovative future technologies, at a briefing before the Paris Air Show. "There's going to be a transition from the requirement to have a skilled aviator operate the airplane to having a system that operates the vehicle autonomously, if we can do that with the same level of safety," Sinnett said. Sinnett said Boeing's research is driven by the pilot shortage worldwide that is only going to become more acute. In the next two decades, Boeing forecasts a demand for about 40,000 new commercial jets, roughly doubling the world fleet.
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It's Been So Windy in Europe That Electricity Prices Have Turned Negative (vice.com)
An anonymous reader writes: It's been very windy across Europe this week. So much so, in fact, that the high wind load on onshore and offshore wind turbines across much of the continent has helped set new wind power records. For starters, renewables generated more than half of Britain's energy demand on Wednesday -- for the first time ever. In fact, with offshore wind supplying 10 percent of the total demand, energy prices were knocked into the negative for the longest period on record. The UK is home to the world's biggest wind farm, and the largest wind turbines, so it's no surprise that this was an important factor in the country's energy mix. "Negative prices aren't frequently observed," Joel Meggelaars, who works at renewable energy trade body WindEurope, told Motherboard over the phone. "It means a high supply and low demand."
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Amazon, Mozilla, Kickstarter, and Reddit Are Staging a Net Neutrality Online Protest (washingtonpost.com)
An anonymous reader shares a report: Some of the Internet's biggest names are banding together for a "day of action" to oppose the Federal Communications Commission (alternative source), which is working to undo regulations for Internet providers that it passed during the Obama administration. Among the participants are Etsy, Kickstarter and Mozilla, the maker of the popular Firefox Web browser. Also joining the day of protest will be Reddit, the start-up incubator Y Combinator, and Amazon. On July 12, the companies and organizations are expected to change their websites to raise awareness of the FCC effort, which is aimed at deregulating the telecom and cable industries. Mozilla, for example, will change what users see on their screens when they open a new browser window. Other participants include Demand Progress, Etsy, Vimeo, Private Internet Access, Fight for the Future, EFF, DreamHost, Creative Commons, BitTorrent, American Library Association, ACLU, GreenPeace, Open Media, and Patreon. Find more details here.
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When Sentencing Criminals, Should Judges Use Closed-Source Algorithms? (technologyreview.com)
Some judges in America have recently started using a closed-source algorithm that predicts how likely convicts are to commit another crime. Mosquito Bites shared an article by law professor Frank Pasquale raising concerns about the algorithms: They may seem scientific, an injection of computational rationality into a criminal justice system riddled with discrimination and inefficiency. However, they are troubling for several reasons: many are secretly computed; they deny due process and intelligible explanations to defendants; and they promote a crabbed and inhumane vision of the role of punishment in society...
When an algorithmic scoring process is kept secret, it is impossible to challenge key aspects of it. How is the algorithm weighting different data points, and why? Each of these inquiries is crucial to two core legal principles: due process, and the ability to meaningfully appeal an adverse decision... A secret risk assessment algorithm that offers a damning score is analogous to evidence offered by an anonymous expert, whom one cannot cross-examine... Humans are in charge of governments, and can demand explanations for decisions in natural language, not computer code. Failing to do so in the criminal context risks ceding inherently governmental and legal functions to an unaccountable computational elite.
This issue will grow more and more important, the law professor argues, since there's now proprietary analytics software that also predicts "the chances that any given person will be mentally ill, a bad employee, a failing student, a criminal, or a terrorist." -
Bitcoin Exchange Coinbase Reportedly Valued At $1 Billion (reuters.com)
An anonymous reader quotes Reuters: Bitcoin exchange Coinbase Inc. is in talks with potential investors on a new round of funding at a valuation of more than $1 billion, the Wall Street Journal reported on Friday. It is not clear which investors are committing to the round, which was described as targeting around $100 million or more, the Journal reported, citing people familiar with the matter... Demand for crypto-assets has soared with the creation of new tokens to raise funding for start-ups using blockchain technology. Coinbase said in January it raised $75 million from several major financial institutions including the New York Stock Exchange, USAA Bank and Spanish banking group BBVA.
Though Bitcoins were selling for $892 in January, they've nearly tripled in value over the last five months. Despite the fact that Coinbase "suffered outages" last week, the price of Bitcoin still rose 13.6% over the next nine days to $2561. -
61 Mayors Commit To Adopt, Honor and Uphold Paris Climate Accord After US Pulls Out (curbed.com)
After President Trump announced his intent to withdraw the U.S. from the Paris Climate Accord, 61 mayors across the country have pledged to adopt the historic agreement themselves. The group of mayors, who represent 36 million Americans and some of the largest U.S. cities, outlined a plan to align with the other 194 nations that adopted the accord. From a statement provided by the climate mayors: We will continue to lead. We are increasing investments in renewable energy and energy efficiency. We will buy and create more demand for electric cars and trucks. We will increase our efforts to cut greenhouse gas emissions, create a clean energy economy, and stand for environmental justice. And if the President wants to break the promises made to our allies enshrined in the historic Paris Agreement, we'll build and strengthen relationships around the world to protect the planet from devastating climate risks. The world cannot wait -- and neither will we.
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Parents Have No Right To Dead Child's Facebook Account, German Court Rules (reuters.com)
An anonymous reader quotes a report from Reuters: A German court rejected a mother's demand on Wednesday that Facebook grant her access to her deceased daughter's account. In the ruling, which overturned a lower court's decision, the Berlin appeals court said the right to private telecommunications extended to electronic communication that was meant only for the eyes of certain people. In the Facebook case, the mother of a 15-year-old who was hit and killed by a subway train in Berlin in 2012 had sought access to her daughter's account to search for clues as to whether the girl had committed suicide. Facebook had refused access to the account, which had been memorialized, meaning it was effectively locked and served as a message board for friends and family to share memories. A regional court in Berlin had ruled in favor of the mother in late 2015, saying that the daughter's contract with Facebook passed to her parents according to German laws on inheritance. It had also said that the girl's right to privacy was not protected because she was a minor and it was up to her parents to protect her rights. The appeals court said on Wednesday that the right to private telecommunications outweighed the right to inheritance, and that the parents' obligation to protect their daughter's rights expired with her death.
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Apple, Amazon, Microsoft, and Google Lobby Against Texas 'Bathroom' Bill (arstechnica.com)
An anonymous reader quotes a report from Ars Technica: Executives from some of the globe's leading technology firms are demanding that Texas not adopt "discriminatory" bathroom legislation. On the table in Texas is a law similar to one enacted -- and later partially repealed -- in North Carolina. The tech companies have aligned themselves with critics of the bill who believe the legislation is unfair to the transgender community. "As large employers in the state, we are gravely concerned that any such legislation would deeply tarnish Texas' reputation as open and friendly to businesses and families," the companies wrote Texas Gov. Greg Abbott. "Our ability to attract, recruit and retain top talent, encourage new business relocations, expansions and investment, and maintain our economic competitiveness would all be negatively affected." Pending Texas Senate legislation would prohibit transgender people in Texas from using restrooms matching their gender identities. The House on Sunday passed its own bill that would apply the bathroom limitations solely at schools. The tech companies, however, aren't threatening to pull out of Texas, like some did over the same issue in North Carolina. The letter sent to Gov. Abbott was signed by Facebook founder Mark Zuckerberg, Apple CEO Tim Cook, Amazon chief Jeff Wilke, IBM head Ginni Rometty, Microsoft President Brad Smith, and Google's Sundar Pichai. There were 14 companies -- including Dell, Hewlett-Packard, Cisco, Silicon Labs, Celanese Corp., GSD&M, Salesforce, and Gearbox Software -- signing on to the letter. "Discrimination is wrong and it has no place in Texas or anywhere in our country," the companies wrote.
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UK Tech Visas Quadruple After Applications Soar (telegraph.co.uk)
James Timcomb, writing for The Telegraph: Technology industry demands for special measures to let companies hire foreign workers after Brexit have been boosted by a surge in demand for technology visas. Tech City UK, the government organisation that processes applications for the dedicated "Tier 1 Exceptional Talent" visa, said successful applications had more than quadrupled in the last 12 months, with 260 endorsed in the last fiscal year. It follows fears in the British tech community that access to skilled computer coders would be hit by restrictions to freedom of movement when the UK leaves the EU. David Cameron introduced the tech visa scheme in 2014 in a bid to make London the technology capital of Europe and rival Silicon Valley as a destination for start-ups, and amid fears of a shortage of skilled coders in the UK. The "Tech Nation" visa scheme allows Tech City UK to endorse applications from non-EU workers, and lets successful applicants stay in the country for five years, after which they can apply to settle. Just a handful of visas were granted in its first few months, due to what were seen as onerous requirements, and the rules were relaxed in 2015. Applications have soared since then, and rose again after the Brexit vote.
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Walt Mossberg's Last Column Calls For Privacy and Security Laws (recode.net)
70-year-old Walt Mossberg wrote his last weekly column Thursday, looking back on how "we've all had a hell of a ride for the last few decades" and revisiting his famous 1991 pronouncement that "Personal computers are just too hard to use, and it isn't your fault." Not only were the interfaces confusing, but most tech products demanded frequent tweaking and fixing of a type that required more technical skill than most people had, or cared to acquire. The whole field was new, and engineers weren't designing products for normal people who had other talents and interests. But, over time, the products have gotten more reliable and easier to use, and the users more sophisticated... So, now, I'd say: "Personal technology is usually pretty easy to use, and, if it's not, it's not your fault." The devices we've come to rely on, like PCs and phones, aren't new anymore. They're refined, built with regular users in mind, and they get better each year. Anything really new is still too close to the engineers to be simple or reliable.
He argues we're now in a strange lull before entering an unrecognizable world where major new breakthroughs in areas like A.I., robotics, smart homes, and augmented reality lead to "ambient computing", where technology itself fades into the background. And he uses his final weekly column to warn that "if we are really going to turn over our homes, our cars, our health and more to private tech companies, on a scale never imagined, we need much, much stronger standards for security and privacy than now exist. Especially in the U.S., it's time to stop dancing around the privacy and security issues and pass real, binding laws." -
Investigation Demanded Over Fake FCC Comments Submitted By Dead People (bbc.com)
An anonymous reader writes: Fight for the Future has found another issue with the fake comments submitted to the FCC opposing net neutrality. "The campaign group says that some of the comments were posted using the names and details of dead people," according to the BBC. The exact same comment was also submitted more than 7,000 times using addresses in Colorado, where a reporter discovered that contacting the people at those addresses drew reactions which included "I have never seen this before in my life" and "No, I did not post this comment. In fact, I disagree with this comment." Fight for the Future also knocked on doors in Tampa, Florida, where the few people who answered "were shocked to hear that their name and address were publicly listed alongside a political message they did not necessarily understand or agree with." An alleged commenter in Montana told a reporter she didn't even know what net neutrality was.
14 people have already signed Fight for the Future's official complaint to the FCC, which calls for notification of all people affected, an investigation, and the immediate removal of all fake comments from the public docket. "Based on numerous media reports, nearly half a million Americans may have been impacted by whoever impersonated us," states the letter, "in a dishonest and deceitful campaign to manufacture false support for your plan to repeal net neutrality protections."
Fight for the Future says they've already verified "dozens" of instance of real people discovering a fake comment was submitted in their name -- and that in addition, more than 2,400 people have already used their site to contact their state Attorneys General demanding an investigation. They note the FCC has taken no steps to remove the fake comments from its docket, "risking the safety and privacy of potentially hundreds of thousands of people," while a campaign director at Fight for the Future added, "For the FCC's process to have any legitimacy, they simply cannot move forward until an investigation has been conducted." -
Accused of Underpaying Women, Google Says It's Too Expensive To Get Wage Data (theguardian.com)
An anonymous reader quotes a report from The Guardian: Google argued that it was too financially burdensome and logistically challenging to compile and hand over salary records that the government has requested, sparking a strong rebuke from the U.S. Department of Labor (DoL), which has accused the Silicon Valley firm of underpaying women. Google officials testified in federal court on Friday that it would have to spend up to 500 hours of work and $100,000 to comply with investigators' ongoing demands for wage data that the DoL believes will help explain why the technology corporation appears to be systematically discriminating against women. Noting Google's nearly $28 billion annual income as one of the most profitable companies in the U.S., DoL attorney Ian Eliasoph scoffed at the company's defense, saying, "Google would be able to absorb the cost as easy as a dry kitchen sponge could absorb a single drop of water."
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Apple Is Working On a Dedicated Chip To Power AI On Devices (bloomberg.com)
According to Bloomberg, Apple is working on a processor devoted specifically to AI-related tasks. "The chip, known internally as the Apple Neural Engine, would improve the way the company's devices handle tasks that would otherwise require human intelligence -- such as facial recognition and speech recognition," reports Bloomberg, citing a person familiar with the matter. From the report: Engineers at Apple are racing to catch their peers at Amazon.com Inc. and Alphabet Inc. in the booming field of artificial intelligence. While Siri gave Apple an early advantage in voice-recognition, competitors have since been more aggressive in deploying AI across their product lines, including Amazon's Echo and Google's Home digital assistants. An AI-enabled processor would help Cupertino, California-based Apple integrate more advanced capabilities into devices, particularly cars that drive themselves and gadgets that run augmented reality, the technology that superimposes graphics and other information onto a person's view of the world. Apple devices currently handle complex artificial intelligence processes with two different chips: the main processor and the graphics chip. The new chip would let Apple offload those tasks onto a dedicated module designed specifically for demanding artificial intelligence processing, allowing Apple to improve battery performance.
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Disney Chief Bob Iger Doesn't Believe Movie Hack Threat Was Real (hollywoodreporter.com)
You may remember Disney's boss revealing that hackers had threatened to leak one of the studio's new films unless it paid a ransom. Bob Iger didn't name the film, but it was thought to be "Pirates of the Caribbean: Dead Men Tell No Tales." But now Iger says: "To our knowledge we were not hacked." From a report: Disney chairman-CEO Bob Iger confirmed Thursday that a hacker claiming to have stolen an upcoming Disney movie and demanding a ransom didn't appear to have the goods. "To our knowledge we were not hacked," Iger told Yahoo Finance. "We had a threat of a hack of a movie being stolen. We decided to take it seriously but not react in the manner in which the person who was threatening us had required." Iger continued, "We don't believe that it was real and nothing has happened." On May 15, as first reported by The Hollywood Reporter, Iger told ABC employees at a town hall meeting in New York that someone claiming to have stolen an upcoming movie would release the film on the internet unless the company paid a ransom. Iger told staff that the studio wouldn't meet any such demands.