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SEC Appeals Decision In Landmark Ripple Case
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2024-10-05 04:23:01


On Wednesday, the SEC filed (PDF) to appeal a 2023 court ruling that determined XRP is not considered a security when sold to retail investors on exchanges. The announcement sent the price of XRP tumbling more than 8%. "XRP, which was created by the founders of Ripple, is the native token of the open source XRP Ledger, which Ripple uses in its cross-border payments business," notes CNBC. "It is the fifth-largest coin by market cap, excluding stablecoins Tether (USDT) and USD Coin (USDC)." CNBC reports: Ripple, the largest holder of XRP coins, scored a partial victory last summer after a three-year battle with the SEC. U.S. District Judge Analisa Torres handed down the decision, which was hailed as a landmark win for the crypto industry. Still, while XRP isn't considered a security when sold to retail investors on exchanges, it is considered an unregistered security offering if sold to institutional investors.... [ Read it >> ]

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Google Vows To Stop Linking To New Zealand News If Forced To Pay For Content
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2024-10-05 03:23:01


An anonymous reader quotes a report from the Associated Press: Google said Friday it will stop linking to New Zealand news content and will reverse its support of local media outlets if the government passes a law forcing tech companies to pay for articles displayed on their platforms. The vow to sever Google traffic to New Zealand news sites -- made in a blog post by the search giant on Friday -- echoes strategies the firm deployed as Australia and Canada prepared to enact similar laws in recent years. It followed a surprise announcement by New Zealand's government in July that lawmakers would advance a bill forcing tech platforms to strike deals for sharing revenue generated from news content with the media outlets producing it.... [ Read it >> ]

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Google Is Testing Verified Checkmarks In Search
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2024-10-05 03:23:01


Google is testing a new verification feature in search, in a move aimed at helping users avoid fake or fraudulent websites. The Verge's Jess Weatherbed reports: My colleague Jay Peters spotted checkmarks next to official site links for Microsoft, Meta, Epic Games, Apple, Amazon, and HP, but these were no longer displayed once he logged into a different Google account -- meaning this experiment isn't being rolled out widely just yet. Hovering over a checkmark will display a message that explains "Google's signals suggest that this business is the business that it says it is," which is determined by things like website verification, Merchant Center data, and manual reviews according to Shaheen.... [ Read it >> ]

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Latest Windows 11 Dev Build Is Out With Copilot Key Remapping
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2024-10-05 02:23:01


Microsoft has released Windows 11 Dev build 26120.1930, which contains the ability to remap the Copilot key. The changes are rolling out gradually to Dev Insiders with the "Get the latest features as soon as they are available" toggle on. Neowin reports: [H]ere are the updates that are also gradually rolling out, but this time for all Dev Insiders: "We are adding the ability to configure the Copilot key. You can choose to have the Copilot key launch an app that is MSIX packaged and signed, thus indicating the app meets security and privacy requirements to keep customers safe. The key will continue to launch Copilot on devices that have the Copilot app installed until a customer selects a different experience. This setting can be found via Settings - Personalization - Text input. If the keyboard connected to your PC does not have a Copilot key, adjusting this setting will not do anything. We are planning further refinements to this experience in a future flight." Other changes introduced in the build include a new simplified Chinese font, Windows Sandbox improvements, and several bug fixes. Full release notes are available here.... [ Read it >> ]

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Meta's New 'Movie Gen' AI System Can Deepfake Video From a Single Photo
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2024-10-05 01:23:01


An anonymous reader quotes a report from Ars Technica: On Friday, Meta announced a preview of Movie Gen, a new suite of AI models designed to create and manipulate video, audio, and images, including creating a realistic video from a single photo of a person. The company claims the models outperform other video-synthesis models when evaluated by humans, pushing us closer to a future where anyone can synthesize a full video of any subject on demand. The company does not yet have plans of when or how it will release these capabilities to the public, but Meta says Movie Gen is a tool that may allow people to "enhance their inherent creativity" rather than replace human artists and animators. The company envisions future applications such as easily creating and editing "day in the life" videos for social media platforms or generating personalized animated birthday greetings.... [ Read it >> ]

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60TB Hard Drives Arriving in 2028, According To Industry Roadmap
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2024-10-05 01:23:01


An anonymous reader shares a report: The arrival of energy-assisted magnetic recording (EAMR) technologies like Seagate's HAMR will play a crucial role in accelerating HDD capacity growth in the coming years. According to the new IEEE International Roadmap for Devices and Systems Mass Data Storage, we will see 60 TB hard disk drives in 2028. If the prediction is accurate, we will see HDD storage capacity doubling in just four years, something that did not happen for a while. Also, IEEE believes that HDD unit sales will increase. ... [ Read it >> ]

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Matt Mullenweg: 'WordPress.org Just Belongs To Me'
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2024-10-05 00:23:01


WordPress co-founder Matt Mullenweg has asserted his personal ownership of WordPress.org in a new interview, offering new insight into his clash with hosting provider WP Engine. "WordPress.org just belongs to me personally,"
Mullenweg told The Verge, justifying his decision to cut WP Engine's access to WordPress.org servers. He cited trademark concerns and insufficient ecosystem contributions as key reasons for the action. ... [ Read it >> ]

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Bird Flu Fears Stoke the Race for an mRNA Flu Vaccine
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2024-10-04 23:23:01


Concern over potential human-to-human transmission of bird flu has risen after six Missouri healthcare workers developed mild respiratory symptoms following contact with a patient infected with H5N1. The CDC reports only the original patient has tested positive for the virus. Scientists are ramping up efforts to develop mRNA vaccines against H5N1, with researchers at the University of Pennsylvania and major pharmaceutical companies like Moderna, Pfizer, and GSK leading the charge. While mRNA technology offers rapid vaccine production, clinical trials have shown mixed results, particularly against influenza B strains. Wired adds: [...] Traditionally, flu vaccines contain inactivated viruses that are grown in hens' eggs. This works reasonably well, but it takes a long time to make such jabs, which means health authorities have to publish their predictions about which strains of flu will be circulating during the upcoming winter well in advance. If you could manufacture vaccines more quickly, you could make more accurate predictions nearer to flu season. ... [ Read it >> ]

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We May Have Passed Peak Obesity
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2024-10-04 23:23:01


An anonymous reader shares a report: The year 1963 was surely one of the most significant of the 20th century. President John F Kennedy was assassinated, Martin Luther King delivered his "I have a dream" speech, and the Beatles recorded and released their debut album. But for all the huge political and cultural events, it was arguably an even more momentous year for public health: 1963 was the year cigarette sales peaked and began to fall in the US. ... [ Read it >> ]

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Thousands of Linux Systems Infected By Stealthy Malware Since 2021
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2024-10-04 22:23:01


A sophisticated malware strain has infected thousands of Linux systems since 2021, exploiting over 20,000 common misconfigurations and a critical Apache RocketMQ vulnerability, researchers at Aqua Security reported. Dubbed Perfctl, the malware employs advanced stealth techniques, including rootkit installation and process name mimicry, to evade detection. It persists through system reboots by modifying login scripts and copying itself to multiple disk locations. Perfctl hijacks systems for cryptocurrency mining and proxy services, while also serving as a backdoor for additional malware. Despite some antivirus detection, the malware's ability to restart after removal has frustrated system administrators.... [ Read it >> ]

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Collapse of National Security Elites' Cyber Firm Leaves Bitter Wake
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2024-10-04 22:23:01


Cybersecurity firm IronNet, founded by former NSA director Keith Alexander, has collapsed after failing to deliver on its promise to revolutionize cyber defense. The company, which went public in 2021 with a $3 billion valuation, shut down in September 2023 after running out of money. ... [ Read it >> ]

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Apple Fixes Bug That Let VoiceOver Shout Your Passwords
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2024-10-04 21:23:01


Apple just fixed a duo of security bugs in iOS 18.0.1 and iPadOS 18.0.1, one of which might cause users' saved passwords to be read aloud. It's hardly an ideal situation for the visually impaired. From a report: For those who rely on the accessibility features baked into their iGadgets, namely Apple's VoiceOver screen reader, now is a good time to apply the latest update. In typical Apple fashion, the company hasn't released much in the way of details about the first security issue, tracked as CVE-2024-44204, which makes it tougher to understand the conditions under which this vulnerability could be triggered, or how to avoid it until the update is applied. What we do know is that it was characterized as a logic issue, which Apple rectified by improving validation. The disclosure of the bug comes less than a month after iOS 18 and iPadOS 18 debuted. Ironically, this release included Apple's first native password manager, the Passwords app.... [ Read it >> ]

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Antarctica is 'Greening' at Dramatic Rate as Climate Heats
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2024-10-04 20:23:01


Plant cover across the Antarctic peninsula has soared more than tenfold over the last few decades, as the climate crisis heats up the icy continent. From a report: Analysis of satellite data found there was less than one sq kilometre of vegetation in 1986 but there was almost 12km2 of green cover by 2021. The spread of the plants, mostly mosses, has accelerated since 2016, the researchers found. The growth of vegetation on a continent dominated by ice and bare rock is a sign of the reach of global heating into the Antarctic, which is warming faster than the global average. The scientists warned that this spread could provide a foothold for alien invasive species into the pristine Antarctic ecosystem. Greening has also been reported in the Arctic, and in 2021 rain, not snow, fell on the summit of Greenland's huge ice cap for the first time on record. ... [ Read it >> ]

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Rivian Now Says It Will Make Fewer Electric Vehicles This Year Than It Did in 2023
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2024-10-04 20:23:01


Rivian said it would make fewer electric vehicles this year than it did in 2023, resulting from a parts shortage. From a report: The news came as the company reported third quarter production and delivery numbers that came in below analyst expectations. Rivian says it expects to produce between 47,000 and 49,000 vehicles this year, down from the 57,000 vehicles it originally forecast. That number was flat from the previous year, when the company produced 57,232 vehicles and delivered 50,122. Rivian said the disruption is due to "a shortage of a shared component on the R1 and RCV platforms," referencing the company's R1T and R1S vehicles, as well as its commercial van platform. "This supply shortage impact began in Q3 of this year, has become more acute in recent weeks and continues," the company added.... [ Read it >> ]

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Tencent, Guillemot Family Mull Ubisoft Buyout Amid Share Slump
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2024-10-04 19:23:07


Tencent and Ubisoft's founding Guillemot family are weighing a potential buyout of the French game maker, according to Bloomberg News. The move comes as Ubisoft's shares plunged 54% this year, hitting decade-lows after production delays and weak sales. Tencent, which bought 49.9% of Guillemot Brothers in 2022, holds 9.2% of Ubisoft's voting rights, while the Guillemots control 20.5%. ... [ Read it >> ]

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159 Employees Leave Automattic as WordPress CEO Escalates Fight With WP Engine
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2024-10-04 18:23:01


Automattic, the company behind WordPress, has seen a reduction of about 8.4% to its workforce after 159 employees accepted severance packages, CEO Matt Mullenweg said. The move follows disputes over the company's direction and its clash with web host WP Engine. Most departures hit the WordPress division, with some from other business units. Employees received $30,000 or six months' pay, but are ineligible for rehire, Mullenweg added.... [ Read it >> ]

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Cloudflare Defeats Patent Troll
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2024-10-04 17:23:01


Cloudflare has emerged victorious in a patent infringement lawsuit against Sable Networks, securing a $225,000 settlement and forcing the patent holder to dedicate its entire portfolio to the public domain. The case, which began in March 2021 with Sable asserting nearly 100 claims across four patents, concluded after a Texas jury found Cloudflare not guilty of infringement in February 2024. ... [ Read it >> ]

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AI Agent Promotes Itself To Sysadmin, Trashes Boot Sequence
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2024-10-04 14:23:01


The Register's Thomas Claburn reports: Buck Shlegeris, CEO at Redwood Research, a nonprofit that explores the risks posed by AI, recently learned an amusing but hard lesson in automation when he asked his LLM-powered agent to open a secure connection from his laptop to his desktop machine. "I expected the model would scan the network and find the desktop computer, then stop," Shlegeris explained to The Register via email. "I was surprised that after it found the computer, it decided to continue taking actions, first examining the system and then deciding to do a software update, which it then botched." Shlegeris documented the incident in a social media post.... [ Read it >> ]

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Cheetos Food Dye Turns Mice Transparent
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2024-10-04 11:23:01


Researchers have discovered that a popular food dye used in Cheetos "alters the optical qualities of skin, allowing light to pass through (Source paywalled; alternative source)," according to the Wall Street Journal. Larger doses of the dye used on humans could make searching veins for blood draw easier. From a report: Tartrazine, the yellowing agent for the "dangerously cheesy" snack, was tested on the stomachs and heads of mice -- with surprising results. Researchers were even able to see muscle pulsations and blood vessels in their brains, the Wall Street Journal reported.... [ Read it >> ]

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23andMe Is On the Brink. What Happens To All Its DNA Data?
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2024-10-04 08:23:02


The one-and-done nature of 23andMe is "indicative of a core business problem with the once high-flying biotech company that is now teetering on the brink of collapse," reports NPR. As 23andMe struggles for survival, many of its 15 million customers are left wondering what the company plans to do with all the data it has collected since it was founded in 2006. An anonymous reader shares an excerpt from the report: Andy Kill, a spokesperson for 23andMe, would not comment on what the company might do with its trove of genetic data beyond general pronouncements about its commitment to privacy. "For our customers, our focus continues to be on transparency and choice over how they want their data to be managed," he said. When signing up for the service, about 80% of 23andMe's customers have opted in to having their genetic data analyzed for medical research. "This rate has held steady for many years," Kill added. The company has an agreement with pharmaceutical giant GlaxoSmithKline, or GSK, that allows the drugmaker to tap the tech company's customer data to develop new treatments for disease. Anya Prince, a law professor at the University of Iowa's College of Law who focuses on genetic privacy, said those worried about their sensitive DNA information may not realize just how few federal protections exist. For instance, the Health Insurance Portability and Accountability Act, also known as HIPAA, does not apply to 23andMe since it is a company outside of the health care realm. "HIPAA does not protect data that's held by direct-to-consumer companies like 23andMe," she said.... [ Read it >> ]

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Fly Brain Breakthrough 'Huge Leap' To Unlock Human Mind
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2024-10-04 06:23:01


fjo3 shares a report from the BBC: They can walk, hover and the males can even sing love songs to woo mates -- all this with a brain that's tinier than a pinhead. Now for the first time scientists researching the brain of a fly have identified the position, shape and connections of every single one of its 130,000 cells and 50 million connections. It's the most detailed analysis of the brain of an adult animal ever produced. One leading brain specialist independent of the new research described the breakthrough as a "huge leap" in our understanding of our own brains. One of the research leaders said it would shed new light into âoethe mechanism of thought." [...]... [ Read it >> ]

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OpenAI Launches New 'Canvas' ChatGPT Interface Tailored To Writing and Coding Projects
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2024-10-04 05:23:01


OpenAI has introduced "canvas," a new interface for ChatGPT that provides a separate workspace for writing and coding projects. "Canvas is rolling out in beta to ChatGPT Plus and Teams users on Thursday, and Enterprise and Edu users next week," reports TechCrunch. "Once canvas is out of beta, OpenAI says it plans to offer the feature to free users as well." From the report: In our demo, [OpenAI product manager Daniel Levine] had to select "GPT-4o with canvas" from ChatGPT's model picker drop down window. However, OpenAI says canvas windows will just pop out when ChatGPT detects a separate workspace could be helpful, say for longer outputs or complex coding tasks. You can also just write "use canvas" to automatically open a project window. Levine showed TechCrunch how ChatGPT's new features could help write an email. Users can prompt ChatGPT to generate an email, which will then pop out in the canvas window. Then users can toggle a slider to adjust the length of the writing to be shorter or longer. You can also highlight specific sentences, and ask ChatGPT to make changes such as "make this sound friendlier," or add emojis. Users can also ask ChatGPT to rewrite the whole email as-is in another language.... [ Read it >> ]

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Mystery Creator of Bitcoin Identified, New HBO Documentary Claims
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2024-10-04 04:23:02


A new HBO documentary directed by Emmy-nominated filmmaker Cullen Hoback claims to have revealed the true identity of the pseudonymous creator of Bitcoin, Satoshi Nakamoto. As Politico notes, Hoback "drew critical acclaim for his series 'Q: Into the Storm' that exposed the authors of the QAnon conspiracy theory." The bitcoin documentary is scheduled to air next Wednesday at 2 a.m. CET (Tuesday at 9 p.m. EST). From the report: [T]he exposure of Satoshi as its alleged creator threatens to raise some huge questions, not least his potential complicity in crimes that have featured Bitcoin use. It could also establish him as one of the world's richest people: Satoshi himself is estimated to control about 1.1 million Bitcoin, but it's unclear if he still has access to the cryptographic keys to the fortune. If he did, this would put his net worth at $66 billion at current valuations. Intriguingly, as the date for the airing of the documentary has drawn near, a number of high-value wallets from the "Satoshi era" have become active for the first time since 2009.... [ Read it >> ]

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A Single Cloud Compromise Can Feed an Army of AI Sex Bots
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2024-10-04 03:23:01


An anonymous reader quotes a report from KrebsOnSecurity: Organizations that get relieved of credentials to their cloud environments can quickly find themselves part of a disturbing new trend: Cybercriminals using stolen cloud credentials to operate and resell sexualized AI-powered chat services. Researchers say these illicit chat bots, which use custom jailbreaks to bypass content filtering, often veer into darker role-playing scenarios, including child sexual exploitation and rape. Researchers at security firm Permiso Security say attacks against generative artificial intelligence (AI) infrastructure like Bedrock from Amazon Web Services (AWS) have increased markedly over the last six months, particularly when someone in the organization accidentally exposes their cloud credentials or key online, such as in a code repository like GitHub.... [ Read it >> ]

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Cloudflare Blocks Largest Recorded DDoS Attack Peaking At 3.8Tbps
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2024-10-04 03:23:01


BleepingComputer's Ionut Ilascu reports: During a distributed denial-of-service campaign targeting organizations in the financial services, internet, and telecommunications sectors, volumetric attacks peaked at 3.8 terabits per second, the largest publicly recorded to date. The assault consisted of a "month-long" barrage of more than 100 hyper-volumetric DDoS attacks flooding the network infrastructure with garbage data. In a volumetric DDoS attack, the target is overwhelmed with large amounts of data to the point that they consume the bandwidth or exhaust the resources of applications and devices, leaving legitimate users with no access.... [ Read it >> ]

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Senator Calls Out John Deere For Clean Air Act Violations, Blocking Farmer Repairs
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2024-10-04 02:23:01


"The Fight to Repair Newsletter is reporting that U.S. Senator Elizabeth Warren is calling out agricultural equipment giant John Deere for possible violations of the federal Clean Air Act and a years-long pattern of thwarting owners' ability to repair their farm equipment," writes longtime Slashdot reader chicksdaddy. From the report: Deere "appears to be evading its responsibilities under the Clean Air Act to grant customers the right to repair their own agricultural equipment." That is costing farmers an estimated $4.2 billion annually "causing them to miss key crop windows on which their businesses and livelihoods rely," Warren wrote in a letter (https://www.theverge.com/2024/10/3/24260513/john-deere-right-to-repair-elizabeth-warren-clean-air-act) dated October 2nd. The letter from Warren (PDF), a Senator from Massachusetts and strong repair advocate, is just the latest volley lobbed at Illinois-based Deere, an iconic American brand and the largest supplier of agricultural equipment to farms in the U.S. Deere controls an estimated 53 percent of the U.S. market for large tractors and 60 percent of the U.S. market for farm combines.... [ Read it >> ]

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Judge Blocks California's New AI Law In Case Over Kamala Harris Deepfake
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2024-10-04 02:23:01


An anonymous reader quotes a report from TechCrunch: A federal judge blocked one of California's new AI laws on Wednesday, less than two weeks after it was signed by Governor Gavin Newsom. Shortly after signing AB 2839, Newsom suggested it could be used to force Elon Musk to take down an AI deepfake of Vice President Kamala Harris he had reposted (sparking a petty online battle between the two). However, a California judge just ruled the state can't force people to take down election deepfakes -- not yet, at least. AB 2839 targets the distributors of AI deepfakes on social media, specifically if their post resembles a political candidate and the poster knows it's a fake that may confuse voters. The law is unique because it does not go after the platforms on which AI deepfakes appear, but rather those who spread them. AB 2839 empowers California judges to order the posters of AI deepfakes to take them down or potentially face monetary penalties.... [ Read it >> ]

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Microsoft Pulls Plug on Mixed Reality in New Windows 11 Update
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2024-10-04 01:23:02


Microsoft has discontinued Windows Mixed Reality support in its latest Windows 11 update, rendering a number of VR headsets obsolete. The move, reported by UploadVR, affects devices from major manufacturers. An estimated 80,000 users will lose access to their headsets upon upgrading to Windows 11 24H2. UploadVR adds: Despite the name, all Windows MR headsets were actually VR-only, and are compatible with most SteamVR content via Microsoft's SteamVR driver. The first Windows MR headsets arrived in late 2017 from Acer, Asus, Dell, HP, Lenovo, and Samsung, aiming to compete with the Oculus Rift and HTC Vive that had launched a year earlier. They were the first consumer VR products to deliver inside-out positional tracking, for both the headset and controllers. ... [ Read it >> ]

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Mozilla Releases Firefox 131 With Tab Preview and Text-Specific Links
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2024-10-04 00:23:01


Mozilla has released Firefox 131 for multiple platforms, addressing security vulnerabilities and introducing some new features. The update fixes at least seven high-risk security issues, none reportedly exploited in the wild. New features include Tab Preview, which displays thumbnails and details when hovering over background tabs, and temporary location permission storage. Firefox now also supports URL fragment text directives, allowing users to link to specific text passages on web pages.... [ Read it >> ]

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Even Password Manager Subscribers Reuse Passwords, Study Finds
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2024-10-04 00:23:01


An anonymous reader shares a report: It's not exactly breaking news that people reuse passwords, but you might expect password manager subscribers to avoid the practice. You'd be wrong, according to a new study. Dashlane's downer of a report draws on saved logins analyzed on-device by Dashlane's software across "millions" of individual and business accounts. It finds dismally high percentages of password reuse worldwide. The US and Canada rank the worst of every region Dashlane tracked, with 48% of passwords in individual password vaults being reused. Another 15% rate as compromised, meaning those passwords have shown up in data breaches. ... [ Read it >> ]

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Social Media Sanctions Hit Conservatives More, But Due to Content Sharing, Study Says
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2024-10-03 23:23:02


A study published in Nature has found that conservative social media users were more likely to face sanctions, but attributes this to their higher propensity to share low-quality news rather than political bias. Researchers analyzed 9,000 Twitter users during the 2020 U.S. election, finding pro-Trump users were 4.4 times more likely to be suspended than pro-Biden users. ... [ Read it >> ]

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Meta Confirms It Will Use Ray-Ban Smart Glasses Images for AI Training
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2024-10-03 22:23:01


Meta has confirmed that it may use images analyzed by its Ray-Ban Meta AI smart glasses for AI training. The policy applies to users in the United States and Canada who share images with Meta AI, according to the company. While photos captured on the device are not used for training unless submitted to AI, any image shared for analysis falls under different policies, potentially contributing to Meta's AI model development. ... [ Read it >> ]

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Google's AI Search Summaries Officially Have Ads
robot(spnet, 1) — All
2024-10-03 22:23:01


Google is rolling out ads in AI Overviews, which means you'll now start seeing products in some of the search engine's AI-generated summaries. From a report: Let's say you're searching for ways to get a grass stain out of your pants. If you ask Google, its AI-generated response will offer some tips, along with suggestions for products to purchase that could help you remove the stain. The products will appear beneath a "sponsored" header, and Google spokesperson Craig Ewer told The Verge they'll only show up if a question has a "commercial angle."... [ Read it >> ]

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Rival Browsers Allege Microsoft's Practices on Edge Unfair
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2024-10-03 21:23:01


Microsoft gives its Edge web browser an unfair advantage and EU antitrust regulators should subject it to tough EU tech rules, three rival browsers and a group of web developers said in a letter to the European Commission. From a report: The move by Vivaldi, Waterfox, Wavebox and the Open Web Advocacy could boost Norwegian browser company Opera which in July took the European Commission to court for exempting Edge from the Digital Markets Act (DMA). [...] "Unfair practices are currently allowed to persist on the Windows' ecosystem with respect to Edge, unmitigated by the choice screens that exist on mobile," they said, pointing to Edge set as the default browser on all Windows computers. "No platform independent browser can aspire to match Edge's unparalleled distribution advantage on Windows. Edge is, moreover, the most important gateway for consumers to download an independent browser on Windows PCs."... [ Read it >> ]

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NSO Should Lose Spyware Case for Discovery Violations, Meta Says
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2024-10-03 20:23:01


WhatsApp and its parent Meta asked a judge to award them a total win against spyware maker NSO Group as punishment for discovery violations in a years-long case accusing the Israeli company of violating anti-hacking laws. From a report: NSO Group violated the Federal Rules of Civil Procedure, repeatedly ignoring the court's orders and its discovery obligations, according to a motion for sanctions filed Wednesday in the US District Court for the Northern District of California. "NSO's discovery violations were willful, and unfairly skew the record on virtually every key issue in the case, from the merits, to jurisdiction, to damages, making a full and fair trial on the facts impossible," they said. Judge Phyllis J. Hamilton should award the companies judgment as a matter of law or, "if the court finds that the limited discovery produced in this case does not suffice," enter default judgment against NSO, WhatsApp and Meta wrote. ... [ Read it >> ]

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OpenAI Gets $4 Billion Revolving Credit Line, Giving It More Than $10 Billion in Liquidity
robot(spnet, 1) — All
2024-10-03 19:23:02


OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC reported Thursday. From the report: It follows news on Wednesday that OpenAI closed its recent funding round at a valuation of $157 billion, including the $6.6 billion the company raised from an extensive roster of investment firms and big tech companies. JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC all participated. The base credit line is $4 billion, with an option to increase it by an additional $2 billion. The loan is unsecured and can be tapped over the course of three years. OpenAI's interest rate is equal to the Secured Overnight Financing Rate (SOFR) plus 100 basis points. SOFR, a measure of the cost of borrowing cash overnight, sat at just over 5% as of early this week, meaning OpenAI would be paying roughly 6% on money that it borrows right away.... [ Read it >> ]

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PayPal Completes Its First Business Transaction Using Stablecoin
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2024-10-03 19:23:02


PayPal completed its first business payment using its proprietary stablecoin as a way to demonstrate how digital currencies can be used to improve often-clunky commercial transactions. From a report: PayPal paid an invoice to Ernst & Young LLP on Sept. 23 using PYUSD, the stablecoin the firm launched last year, relying on an SAP SE platform to complete the transaction. SAP's platform, known as the digital currency hub, allows enterprises to send and receive digital payments instantly, around the clock. The invoice amount wasn't disclosed. ... [ Read it >> ]

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WP Engine Sues WordPress for Libel, Extortion
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2024-10-03 18:23:01


WP Engine, a major web hosting provider, has filed a federal lawsuit against WordPress [PDF] co-founder Matt Mullenweg and Automattic, alleging libel and attempted extortion. The suit stems from a public dispute over WordPress trademark usage and open-source licensing.
WP Engine, which hosts over 200,000 websites, accuses Mullenweg and Automattic of "abuse of power, extortion, and greed." The conflict escalated after Mullenweg called WP Engine a "cancer to WordPress" on his blog, prompting a cease-and-desist letter. Automattic subsequently demanded 8% of WP Engine's monthly revenue as royalties for alleged trademark infringement. The lawsuit includes 11 complaints, ranging from slander to violations of the Computer Fraud and Abuse Act.... [ Read it >> ]

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Private Equity Firms Ploughing Billions Into Fossil Fuels, Analysis Reveals
robot(spnet, 1) — All
2024-10-03 17:23:01


Private equity firms are using US public sector workers' retirement savings to fund fossil fuel projects pumping more than a billion tonnes of greenhouse gas emissions into the atmosphere every year, according to an analysis. From a report: They have ploughed more than $1tn into the energy sector since 2010, often buying into old and new fossil fuel projects and, thanks to exemptions from many financial disclosures, operating them outside the public eye, the researchers say. In many cases they are mortgaging workers' futures by taking the money they have put away for old age and investing it in assets that risk serious damage to the climate, the report claims. ... [ Read it >> ]

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Americans Are Growing Wary of Jumping Jobs
robot(spnet, 1) — All
2024-10-03 14:23:01


"Job hopping as a way to boost your earnings may not be as profitable as it was in 2022," writes Slashdot reader NoWayNoShapeNoForm. "Data from ADP, based on payroll data of almost 10 million employees, suggests the salary gain between 'stay' and 'jump' has definitely narrowed across all age groups, gender classes, industries, and company sizes." Yahoo Finance reports: New data from ADP released Wednesday showed that the median year-over-year pay increase for job switchers fell to 6.6% in September, down from 7.3% in August and the lowest growth rate since April 2021. The gap between pay gains for job changers and those of job stayers, which grew at a 4.7% pace in August, is at its narrowest since January and a far cry from 2022-2023 levels during the "Great Resignation." ADP chief economist Nela Richardson said that the narrowing gap in pay gains is a sign the labor market is "less tight ... less dynamic."... [ Read it >> ]

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Enel X Way's JuiceBox EV Chargers About To Lose All Connectivity Features
robot(spnet, 1) — All
2024-10-03 11:23:01


New submitter ae4ax writes: North American buyers of JuiceBox EVSEs (chargers) received an email today declaring the imminent closure of Enel X Way USA, LLC, the maintainers of the software infrastructure behind their EVSEs. Customer support has already shut down, and apps will be deactivated and removed by October 11, 2024. The company claims economic headwinds from lackluster EV sales and high interest rates as the motivation for the closure. Enel X Way properties outside North America are not affected, they say. "An experienced third-party firm will be appointed to manage the company's affairs and ensure that the closure is handled with the utmost care and professionalism," the company said in a statement. "The appointed firm will be responsible for managing the remaining obligations and communicating directly with customers and partners regarding the closure."... [ Read it >> ]

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Attackers Exploit Critical Zimbra Vulnerability Using CC'd Email Addresses
robot(shaos, 1) — All
2024-10-03 08:23:01


An anonymous reader quotes a report from Ars Technica: Attackers are actively exploiting a critical vulnerability in mail servers sold by Zimbra in an attempt to remotely execute malicious commands that install a backdoor, researchers warn. The vulnerability, tracked as CVE-2024-45519, resides in the Zimbra email and collaboration server used by medium and large organizations. When an admin manually changes default settings to enable the postjournal service, attackers can execute commands by sending maliciously formed emails to an address hosted on the server. Zimbra recently patched the vulnerability. All Zimbra users should install it or, at a minimum, ensure that postjournal is disabled.... [ Read it >> ]

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World Wide Web Foundation is Shutting Down
robot(shaos, 1) — All
2024-10-03 07:23:01


After fifteen years of fighting to make the web safer and more accessible, the World Wide Web Foundation is shutting down. From a report: In a letter shared via the organization's website, co-founders Sir Tim Berners-Lee -- inventor of the World Wide Web -- and Rosemary Leith explain that the organization's mission has been somewhat accomplished and a new battle needs to be waged. When the foundation was founded in 2009, just over 20 percent of the world had access to the web and relatively few organizations were trying to change that, say Sir Tim and Leith. A decade and a half later, with nearly 70 percent of the world online, there are many similar non-governmental organizations trying to make the web more accessible and affordable. ... [ Read it >> ]

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Police Arrest Four Suspects Linked To LockBit Ransomware Gang
robot(shaos, 1) — All
2024-10-03 05:23:01


Law enforcement from 12 countries arrested four individuals linked to the LockBit ransomware gang, including a developer and a bulletproof hosting administrator. The operation also resulted in the seizure of LockBit infrastructure and involved sanctions targeting affiliates of both LockBit and Evil Corp. BleepingComputer reports: According to Europol, a suspected LockBit ransomware developer was arrested in August 2024 at the request of French authorities while on holiday outside of Russia. The same month, the U.K.'s National Crime Agency (NCA) arrested two more individuals linked to LockBit activity: one believed to be associated with a LockBit affiliate, while the second was apprehended on suspicion of money laundering. In a separate action, at Madrid airport, Spain's Guardia Civil arrested the administrator of a bulletproof hosting service used to shield LockBit's infrastructure. Today, Australia, the United Kingdom, and the United States also revealed sanctions against an individual the UK NCA believes is a prolific LockBit ransomware affiliate linked to Evil Corp.... [ Read it >> ]

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Meta Hit With New Author Copyright Lawsuit Over AI Training
robot(shaos, 1) — All
2024-10-03 05:23:01


Novelist Christopher Farnsworth has filed a class-action lawsuit (PDF) against Meta, accusing the company of using his and other authors' pirated books to train its Llama AI model. Farnsworth seeks damages and an order to stop the alleged copyright infringement, joining a growing group of creators suing tech companies over unauthorized AI training. Reuters reports: Farnsworth said in the lawsuit on Tuesday that Meta fed Llama, which powers its AI chatbots, thousands of pirated books to teach it how to respond to human prompts. Other authors including Ta-Nehisi Coates, former Arkansas governor Mike Huckabee and comedian Sarah Silverman have brought similar class-action claims against Meta in the same court over its alleged use of their books in AI training. [...] Several groups of copyright owners including writers, visual artists and music publishers have sued major tech companies over the unauthorized use of their work to train generative AI systems. The companies have argued that their AI training is protected by the copyright doctrine of fair use and that the lawsuits threaten the burgeoning AI industry.... [ Read it >> ]

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Cisco Is Abandoning the LoRaWAN Space With No Lifeboat For IoT Customers
robot(shaos, 1) — All
2024-10-03 04:23:06


Cisco is exiting the LoRaWAN market for IoT device connectivity, with no migration plans for customers. "LoRaWAN is a low power, wide area network specification, specifically designed to connect devices such as sensors over relatively long distances," notes The Register. "It is built on LoRa, a form of wireless communication that uses spread spectrum modulation, and makes use of license-free sub-gigahertz industrial, scientific, and medical (ISM) radio bands. The tech is overseen by the LoRa Alliance." From the report: Switchzilla made this information public in a notice on its website announcing the end-of-sale and end-of-life dates for Cisco LoRaWAN. The last day customers will be able to order any affected products will be January 1, 2025, with all support ceasing by the end of the decade. The list includes Cisco's 800 MHz and 900 MHz LoRaWAN Gateways, plus associated products such as omni-directional antennas and software for the Gateways and Interface Modules. If anyone was in any doubt, the notification spells it out: "Cisco will be exiting the LoRaWAN space. There is no planned migration for Cisco LoRaWAN gateways."... [ Read it >> ]

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Court Blocks Uber Crash Lawsuit After Couple's Daughter Agreed To Uber Eats TOS
robot(shaos, 1) — All
2024-10-03 03:23:01


An anonymous reader quotes a report from NPR: A New Jersey appeals court says a couple cannot sue Uber over a life-altering car accident because of the app's terms and conditions, even though they say it was their daughter who agreed to those terms while placing an Uber Eats order. John and Georgia McGinty -- a Mercer County couple both in their 50s -- filed a lawsuit against the ride-hailing company in February 2023, nearly a year after suffering "serious physical, psychological, and financial damages" when the Uber they were riding in crashed into another car, according to court filings. "There are physical scars, mental scars, and I don't think that they will ever really be able to go back to their full capacity that they were at before," says their attorney, Mike Shapiro.... [ Read it >> ]

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The Feds Still Can't Get Into Eric Adams' Phone
robot(shaos, 1) — All
2024-10-03 03:23:01


The Verge's Gaby Del Valle reports: New York City Mayor Eric Adams, who was indicted last week on charges including fraud, bribery, and soliciting donations from foreign nationals, told federal investigators he forgot his phone password before handing it over, according to charging documents. That was almost a year ago, and investigators still can't get into the phone, prosecutors said Wednesday.... [ Read it >> ]

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Bank of America Is Down: Users Report Their Accounts Showing Empty Balance
robot(shaos, 1) — All
2024-10-03 02:23:01


schwit1 shares a report from The Independent: Thousands of Bank of America customers reported trouble accessing their bank accounts Wednesday afternoon as the financial institution faced a widespread outage. On social media, customers said they could not view their account balances. Those who could view their accounts said they were met with an alarming $0 balance. For many, a "Connection Error" message popped up while trying to log into the banking app. The message said it was "unable to complete your request" and asked the user to "try again later."... [ Read it >> ]

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Hurricane Helene Took Out NC Town the Entire Tech World Relies On
robot(shaos, 1) — All
2024-10-03 01:23:02


The small town of Spruce Pine, North Carolina, which supplies high-purity quartz essential for semiconductor production, is reeling from the damage caused by Tropical Storm Helene. An anonymous reader quotes a report from Axios: Spruce Pine is one of the only places in the world to mine high-purity quartz. The mineral is an essential ingredient of chips in countless products, including medical devices, solar panels, cellphones and the chips powering the latest tech craze: artificial intelligence. It's difficult to underscore the significance of Spruce Pine -- a town of about 2,000 people, known for its charming downtown and blossoming arts scene -- to the global economy. Economics editor Ed Conway put it best in his 2023 book "Material World," writing: "It is rare, unheard of almost, for a single site to control the global supply of a crucial material. Yet if you want to get high-purity quartz -- the kind you need to make those crucibles without which you can't make silicon wafers -- it has to come from Spruce Pine."... [ Read it >> ]

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