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MoviePass Owner Helios & Matheson's Shares Plunge 45% In Short Squeeze - Forbes

Business News - Fri, 10/13/2017 - 05:15

Forbes

MoviePass Owner Helios & Matheson's Shares Plunge 45% In Short Squeeze
Forbes
Helios & Matheson's (HMNY) shares dropped by 45% on October 12 after the company announced that it had met the financing conditions necessary for it to acquire a 53.7% stake in the movie ticket subscription service MoviePass for $28.5 million.
Helios And Matheson: I've Seen How This Movie EndsSeeking Alpha
Can Helios and Matheson Keep Going After This Week's 30% Pop?Motley Fool
MoviePass plans to make money by selling your data to Uber, eateries and Hollywood studiosMarketWatch
TheStreet.com -Benzinga -CNA Finance (press release) -StreetInsider.com
all 99 news articles »

Researcher Turns HDD Into Rudimentary Microphone

Slashdot - Fri, 10/13/2017 - 05:00
An anonymous reader writes from Bleeping Computer: Speaking at a security conference, researcher Alfredo Ortega has revealed that you can use your hard disk drive (HDD) as a rudimentary microphone to pick up nearby sounds. This is possible because of how hard drives are designed to work. Sounds or nearby vibrations are nothing more than mechanical waves that cause HDD platters to vibrate. By design, a hard drive cannot read or write information to an HDD platter that moves under vibrations, so the hard drive must wait for the oscillation to stop before carrying out any actions. Because modern operating systems come with utilities that measure HDD operations up to nanosecond accuracy, Ortega realized that he could use these tools to measure delays in HDD operations. The longer the delay, the louder the sound or the intense the vibration that causes it. These read-write delays allowed the researcher to reconstruct sound or vibration waves picked up by the HDD platters. A video demo is here. "It's not accurate yet to pick up conversations," Ortega told Bleeping Computer in a private conversation. "However, there is research that can recover voice data from very low-quality signals using pattern recognition. I didn't have time to replicate the pattern-recognition portion of that research into mine. However, it's certainly applicable." Furthermore, the researcher also used sound to attack hard drives. Ortega played a 130Hz tone to make an HDD stop responding to commands. "The Linux kernel disconnected it entirely after 120 seconds," he said. There's a video of this demo on YouTube.

Read more of this story at Slashdot.

Equifax Malware Reports Cause Firm to Remove 'Hacked' Page as Lawmaker Proposes Crackdown - Fortune

Business News - Fri, 10/13/2017 - 04:46

Fortune

Equifax Malware Reports Cause Firm to Remove 'Hacked' Page as Lawmaker Proposes Crackdown
Fortune
Equifax has temporarily taken down the web page that had allegedly been hacked in order to con visitors into downloading malware. Reports of Equifax malware were first made by an independent security researcher and provided a fresh embarrassment for ...
Equifax takes down web page, but denies new hackCBS News
Equifax says code on its website 'was serving malicious content'Los Angeles Times
Ohio Gives Wells Fargo Six-Month Time OutPYMNTS.com
Wall Street Journal -ZDNet -KRIS Corpus Christi News -Washington Post
all 148 news articles »

Kobe Steel Scam Hits Planes, Trains, Automobiles - Bloomberg

Business News - Fri, 10/13/2017 - 04:41

Bloomberg

Kobe Steel Scam Hits Planes, Trains, Automobiles
Bloomberg
The steel frame of the Nada Bridge stands in front of a Kobe Steel Ltd. plant in Kobe, Hyogo, Japan, on Friday, Oct. 13, 2017. Photographer: Tomohiro Ohsumi/Bloomberg. Kobe Steel Ltd. has made a startling admission: It sold products that failed quality ...
As crisis at Kobe Steel deepens, CEO says cheating engulfs 500 firmsReuters
Kobe Steel Admits 500 Companies Misled in ScandalWall Street Journal
Kobe says 500 firms affected in steel scandalBBC News
Nasdaq -Financial Times -Business Day -The Japan Times
all 110 news articles »

World's First 'Negative Emissions' Plant Has Begun Operation

Slashdot - Fri, 10/13/2017 - 03:30
In an effort to reduce the 40 trillion kg of carbon dioxide humans produce each year, three companies have been working to build machines that can capture the gas directly from the air. One such machine in Iceland has begun operation. Quartz reports: Climeworks just proved the cynics wrong. On Oct. 11, at a geothermal power plant in Iceland, the startup inaugurated the first system that does direct air capture and verifiably achieves negative carbon emissions. Although it's still at pilot scale -- capturing only 50 metric tons CO2 from the air each year, about the same emitted by a single U.S. household -- it's the first system to take CO2 in the air and convert the emissions into stone, thus ensuring they don't escape back into the atmosphere for the next millions of years. Climeworks and Global Thermostat have piloted systems in which they coat plastics and ceramics, respectively, with an amine, a type of chemical that can absorb CO2. Carbon Engineering uses a liquid system, with calcium oxide and water. The companies say it's too early in the development of these technologies to predict what costs will be at scale.

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Bank of America earnings: Consumer banking boosts results - USA TODAY

Business News - Fri, 10/13/2017 - 03:24

USA TODAY

Bank of America earnings: Consumer banking boosts results
USA TODAY
Bank of America's earnings in the third quarter came in stronger than expected, boosted by strength in its consumer banking business. Overall, the bank posted a 13% jump in net income to $5.6 billion,. "Our focus on responsible growth and improving the ...
Bank of America shares up premarket after third quarter results beat market expectationsProactive Investors UK

all 25 news articles »

Octopuses Show Scientists How To Hide Machines in Plain Sight

Slashdot - Fri, 10/13/2017 - 02:00
If you want to learn the art of camouflage look no further than octopuses. Just watch this famous video that shows a diver slowly swimming up to a clump of rock and seaweed, only for part of that clump to turn white, open its eye, and jet away, squirting ink behind it. Materials scientists and engineers have fallen under the octopuses' spell. From a report: Scientists have engineered a material that can transform from a 2D sheet to a 3D shape, adjusting its texture to blend in with its surroundings, per a new study published today in Science. They mimicked the abilities of an octopus, which can change both shape and color to camouflage. This is a first step toward developing soft robots that can hide in plain sight, robotics expert Cecilia Laschi writes of the research. Robots that can camouflage may one day be used in natural environments to study animals more closely than ever before or in military operations to avoid detection, she writes.

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Equifax Help Site Manipulated By Hackers To Push Adware - NPR

Business News - Fri, 10/13/2017 - 01:08

Equifax Help Site Manipulated By Hackers To Push Adware
NPR
Equifax is taking a customer help Web page offline as the company investigates reports that the site directed people to download fraudulent Adobe Flash updates. DAVID GREENE, HOST: The embattled company Equifax is having even more trouble with ...

and more »

The Real Inside Story of How Commodore Failed

Slashdot - Thu, 10/12/2017 - 23:00
dryriver writes: Everybody who was into computers in the 1980s and 1990s remembers Commodore producing amazingly innovative, capable and popular multimedia and gaming computers one moment, and disappearing off the face of the earth the next, leaving only PCs and Macs standing. Much has been written about what went wrong with Commodore over the years, but always by outsiders looking in -- journalists, tech writers, not people who were on the inside. In a 34 minute long Youtube interview that surfaced on October 9th, former Commodore UK Managing Director David John Pleasance and Trevor Dickinson of A-EON Technology talk very frankly about how Commodore really failed, and just how crazy bad and preventable the business and tech decisions that killed Commodore were, from firing all Amiga engineers for no discernible reason, to hiring 40 IBM engineers who didn't understand multimedia computing, to not licensing the then-valuable Commodore Business Machines (CBM) brand to PC makers to generate an extra revenue stream, to one new manager suddenly deciding to manufacture in the Philippines -- a place where the man had a lady mistress apparently. The interview is a truly eye-opening preview of an upcoming book David John Pleasance is writing called Commodore: The Inside Story . The book will, for the first time, chronicle the fall of Commodore from the insider perspective of an actual Commodore Managing Director.

Read more of this story at Slashdot.

FDA Advisers Endorse Gene Therapy To Treat Form of Blindness

Slashdot - Thu, 10/12/2017 - 19:30
An anonymous reader quotes a report from CBS News: A panel of U.S. health advisers has endorsed an experimental approach to treating inherited blindness, setting the stage for the likely approval of an innovative new genetic medicine. A panel of experts to the Food and Drug Administration voted unanimously in favor of Spark Therapeutics' injectable therapy, which aims to improve vision in patients with a rare mutation that gradually destroys normal vision. The vote amounts to a recommendation to approve the therapy. According to Spark Therapeutics' website, inherited retinal diseases are a group of rare blinding conditions caused by one of more than 220 genes. Some living with these diseases experience a gradual loss of vision, while others may be born without the ability to see or lose their vision in infancy or early childhood. Genetic testing is the only way to verify the exact gene mutation that is the underlying cause of the disease.

Read more of this story at Slashdot.

Google Is Really Good At Design

Slashdot - Thu, 10/12/2017 - 17:40
Joshua Topolsky, writing for The Outline: The stuff Google showed off on October 4 was brazenly designed and strangely, invitingly touchable. These gadgets were soft, colorful... delightful? They looked human, but like something future humans had made; people who'd gotten righteously drunk with aliens. You could imagine them in your living room, your den, your bedroom. Your teleportation chamber. A fuzzy little donut you can have a conversation with. A VR headset in stunning pink. A phone with playful pops of color and an interface that seems to presage what you want, when you want it. It's weird. It's subtle. It's... good. It's Google? It's Google. It was only a few years ago that Google was actually something of a laughing stock when it came to design. As an aggressively engineer-led company, the Mountain View behemoth's early efforts, particularly with its mobile software and devices, focused not on beauty, elegance, or simplicity, but rather concentrated on flexibility, iteration, and scale. These are useful priorities for a utilitarian search engine, but didn't translate well to many of the company's other products. Design -- the mysterious intersection of art and communication -- was a second-class citizen at Google, subordinate to The Data. That much was clear from the top down. Enter Matias Duarte, the design impresario who was responsible for the Sidekick's UI (a wacky, yet strangely prescient mobile-everything concept) and later, the revolutionary (though ill-fated) webOS -- the striking mobile operating system and design language that would be Palm's final, valiant attempt at reclaiming the mobile market. Duarte was hired by Google in 2013 (initially as Android's User Experience Director, though he is now VP of design at the company), and spearheaded a complete reset of the company's visual and functional instincts. But even Duarte was aware of the design challenges his new role presented. "I never thought I'd work for Google," he told Surface Magazine in August. "I had zero ambition to work for Google. Everybody knew Google was a terrible place for design." Duarte went to work on a system that would ultimately be dubbed Material Design -- a set of principles that not only began to dictate how Android should look and work as a mobile operating system, but also triggered the march toward a unified system of design that slowly but surely pulled Google's disparate network of services into something that much more closely resembled a singular vision. A school of thought. A family.

Read more of this story at Slashdot.

Driverless Cars Are Giving Engineers a Fuel Economy Headache

Slashdot - Thu, 10/12/2017 - 17:00
schwit1 shares a report from Bloomberg: Judging from General Motors' test cars and Elon Musk's predictions, the world is headed toward a future that's both driverless and all-electric. In reality, autonomy and battery power could end up being at odds. That's because self-driving technology is a huge power drain. Some of today's prototypes for fully autonomous systems consume two to four kilowatts of electricity -- the equivalent of having 50 to 100 laptops continuously running in the trunk, according to BorgWarner Inc. The supplier of vehicle propulsion systems expects the first autonomous cars -- likely robotaxis that are constantly on the road -- will be too energy-hungry to run on battery power alone. A fully autonomous subcompact car like a Honda Fit, for example, will get 54.6 miles to the gallon in 2025 in the best-case scenario, more than 5 miles below the U.S. emissions target, according to BorgWarner. A small pickup or SUV would be at 45.8 mpg, versus a target of 50. Engineers don't have much time to resolve this, as companies are planning to deploy their first fully self-driving cars in the next couple of years. One way for automakers to meet the power-hungry needs of self-driving systems will be to use gasoline-electric hybrid models rather than purely electric cars, said Mary Gustanski, chief technology officer of supplier Delphi Automotive Plc's powertrain business.

Read more of this story at Slashdot.

Amazon Studios chief Roy Price on leave of absence amid sexual harassment claim - CNBC

Business News - Thu, 10/12/2017 - 16:43

CNBC

Amazon Studios chief Roy Price on leave of absence amid sexual harassment claim
CNBC
irector, Amazon Video on Demand, Roy Price speaks onstage during the Amazon Prime Instant Video portion of the 2014 Summer Television Critics Association at The Beverly Hilton Hotel on July 12, 2014 in Beverly Hills, California. Amazon said Thursday ...
Roy Price Suspended from Amazon After Sexual Assault Allegations [Upd…Vanity Fair
The Great Unraveling: Amazon Studio Chief Accused of Sexual MisconductBreitbart News
Amazon suspends video executive Roy Price following harassment claimsSiliconrepublic.com
Times of India -ExpressNewsline -Hollywood Reporter -Variety
all 117 news articles »

Alphabet's Waymo Demanded $1 Billion In Settlement Talks With Uber

Slashdot - Thu, 10/12/2017 - 16:20
An anonymous reader quotes a report from Reuters: Alphabet's Waymo sought at least $1 billion in damages and a public apology from Uber as conditions for settling its high-profile trade secret lawsuit against the ride-services company, sources familiar with the proposal told Reuters. The Waymo self-driving car unit also asked that an independent monitor be appointed to ensure Uber does not use Waymo technology in the future, the sources said. Uber rejected those terms as non-starters, said the sources, who were not authorized to publicly discuss settlement talks. The precise dollar amount requested by Waymo and the exact time the offer was made could not be learned. Waymo's tough negotiating stance, which has not been previously reported, reflects the company's confidence in its legal position after months of pretrial victories in a case which may help to determine who emerges in the forefront of the fast-growing field of self-driving cars. The aggressive settlement demands also suggest that Waymo is not in a hurry to resolve the lawsuit, in part because of its value as a distraction for Uber leadership, said Elizabeth Rowe, a trade secret expert at the University of Florida Levin College of Law.

Read more of this story at Slashdot.

Virgin Invests in Hyperloop One, With Eye on 670-MPH Commutes - New York Times

Business News - Thu, 10/12/2017 - 15:59

New York Times

Virgin Invests in Hyperloop One, With Eye on 670-MPH Commutes
New York Times
Richard Branson, founder of the Virgin Group, in Hong Kong this year. Mr. Branson has invested in the high-speed transit start-up Hyperloop One. Credit Anthony Kwan/Bloomberg. High-speed hyperloop transit — the futuristic concept involving passenger ...
Hyperloop One Is Now 'Virgin Hyperloop One' Thanks to Richard Branson's InvestmentFortune
Branson's Virgin Group invests in Hyperloop OneBBC News
Richard Branson on Hyperloop One investment: 'Going faster than an airline' on land excites meCNBC
Los Angeles Times -Forbes -The Verge -Inc.com
all 99 news articles »

Google Permanently Disables Touch Function On All Home Minis Due To Privacy Concerns

Slashdot - Thu, 10/12/2017 - 15:40
Big Hairy Ian shares a report from BBC: Google has stopped its Home Mini speakers responding when users touch them. It permanently turned off the touch activation feature after it found that sensors primed to spot a finger tap were too sensitive. Early users found that the touch sensors were registering "phantom" touches that turned them on. This meant the speakers were recording everything around them thousands of times a day. Google said it disabled the feature to give users "peace of mind." Google's Home Mini gadgets were unveiled on October 4th as part of a revamp of its line of smart speakers. The intelligent assistant feature on it could be activated two ways -- by either saying "OK, Google" or by tapping the surface. About 4,000 Google Home Mini units were distributed to early reviewers and those who attended Google's most recent launch event. Artem Russakovskii from Android Police first discovered the issue with his unit, ultimately causing Google to "permanently [nerf] all Home Minis" because his spied on everything he said 24/7.

Read more of this story at Slashdot.

Google announces $1b commitment to tech education - ZDNet

Business News - Thu, 10/12/2017 - 15:24

ZDNet

Google announces $1b commitment to tech education
ZDNet
Google has announced a new initiative to equip American workers with the technical skills required to get a job or grow their business, as well as to provide $1 billion in grants and 1 million hours of voluntary work to not-for-profits worldwide over ...
Google CEO unveils tech training programs at Pittsburgh campusPittsburgh Post-Gazette
Google Unveils Job Training Initiative With $1 Billion PledgeNew York Times
Google pledges $1B to prepare workers for tech jobsCNET
Tribune-Review -WTAE Pittsburgh -90.5 WESA -TechCrunch
all 32 news articles »

DJI Unveils Technology To Identify and Track Airborne Drones

Slashdot - Thu, 10/12/2017 - 15:00
garymortimer shares a report from sUAS News: DJI, the world's leader in civilian drones and aerial imaging technology, has unveiled AeroScope, its new solution to identify and monitor airborne drones with existing technology that can address safety, security and privacy concerns. AeroScope uses the existing communications link between a drone and its remote controller to broadcast identification information such as a registration or serial number, as well as basic telemetry, including location, altitude, speed and direction. Police, security agencies, aviation authorities and other authorized parties can use an AeroScope receiver to monitor, analyze and act on that information. AeroScope has been installed at two international airports since April, and is continuing to test and evaluate its performance in other operational environments. AeroScope works with all current models of DJI drones, which analysts estimate comprise over two-thirds of the global civilian drone market. Since AeroScope transmits on a DJI drone's existing communications link, it does not require new on-board equipment or modifications, or require extra steps or costs to be incurred by drone operators. Other drone manufacturers can easily configure their existing and future drones to transmit identification information in the same way.

Read more of this story at Slashdot.

Why Bitcoin Is Surging Higher And Why The Ban Is Fueling The Surge - Seeking Alpha

Business News - Thu, 10/12/2017 - 14:21

Seeking Alpha

Why Bitcoin Is Surging Higher And Why The Ban Is Fueling The Surge
Seeking Alpha
Bitcoin is surging again following a break in the bearish trend line in price and momentum. As central bank officials try to thwart the virtual currency, it appears to be having the opposite effect. In this two-article analysis, we'll look at how the ...
After bitcoin rebounds to record high, reinvigorated investors bet on even bigger gainsCNBC
Bitcoin Mania Takes Off as Cryptocurrency Surges Past $5000Bloomberg
Bitcoin Price Analysis: Bitcoin Rally Shows Strength for Continued GrowthNasdaq
TechCrunch -Business Insider -Fortune -Yahoo Finance
all 177 news articles »

Hyatt Hotels Discovers Card Data Breach At 41 Properties Across 11 Countries

Slashdot - Thu, 10/12/2017 - 14:20
Hyatt Hotels has suffered a second card data breach in two years. In the first breach, hackers had gained access to credit card systems at 250 properties in 50 different countries. This time, the breach appears to have impacted 41 properties across 11 countries. Krebs on Security reports: Hyatt said its cyber security team discovered signs of unauthorized access to payment card information from cards manually entered or swiped at the front desk of certain Hyatt-managed locations between March 18, 2017 and July 2, 2017. "Upon discovery, we launched a comprehensive investigation to understand what happened and how this occurred, which included engaging leading third-party experts, payment card networks and authorities," the company said in a statement. "Hyatt's layers of defense and other cybersecurity measures helped to identify and resolve the issue. While this incident affects a small percentage of total payment cards used at the affected hotels during the at-risk dates." The hotel chain said the incident affected payment card information -- cardholder name, card number, expiration date and internal verification code -- from cards manually entered or swiped at the front desk of certain Hyatt-managed locations. It added there is no indication that any other information was involved.

Read more of this story at Slashdot.

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