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The Almighty Buck

The Only Thing, Historically, That's Curbed Inequality: Catastrophe (theatlantic.com) 112

ColdWetDog writes: The Atlantic has an interesting article on how societies have decreased economic equality. From the report: "Calls to make America great again hark back to a time when income inequality receded even as the economy boomed and the middle class expanded. Yet it is all too easy to forget just how deeply this newfound equality was rooted in the cataclysm of the world wars. The pressures of total war became a uniquely powerful catalyst of equalizing reform, spurring unionization, extensions of voting rights, and the creation of the welfare state. During and after wartime, aggressive government intervention in the private sector and disruptions to capital holdings wiped out upper-class wealth and funneled resources to workers; even in countries that escaped physical devastation and crippling inflation, marginal tax rates surged upward. Concentrated for the most part between 1914 and 1945, this 'Great Compression' (as economists call it) of inequality took several more decades to fully run its course across the developed world until the 1970s and 1980s, when it stalled and began to go into reverse. This equalizing was a rare outcome in modern times but by no means unique over the long run of history. Inequality has been written into the DNA of civilization ever since humans first settled down to farm the land. Throughout history, only massive, violent shocks that upended the established order proved powerful enough to flatten disparities in income and wealth. They appeared in four different guises: mass-mobilization warfare, violent and transformative revolutions, state collapse, and catastrophic epidemics. Hundreds of millions perished in their wake, and by the time these crises had passed, the gap between rich and poor had shrunk."

Slashdot reader ColdWetDog notes: "Yep, the intro is a bit of a swipe at Trump. But this should get the preppers and paranoids in the group all wound up. Grab your foil! Run for the hills!"

Transportation

College Senior Turns His Honda Civic Into a Self-Driving Car Using Free Hardware, Software (technologyreview.com) 48

holy_calamity writes: University of Nebraska student Brevan Jorgenson swapped the rear-view mirror in his 2016 Honda Civic for a home-built device called a Neo, which can steer the vehicle and follow traffic on the highway. Jorgenson used hardware designs and open-source software released by Comma, a self-driving car startup that decided to give away its technology for free last year after receiving a letter asking questions about its functionality from the National Highway Traffic Safety Administration (NHTSA). Jorgenson is just one person in a new hacker community trying to upgrade their cars using Comma's technology. "A Neo is built from a OnePlus 3 smartphone equipped with Comma's now-free Openpilot software, a circuit board that connects the device to the car's electronics, and a 3-D-printed case," reports MIT Technology Review. The report notes that Neodriven, a startup based in Los Angeles, has recently started selling a pre-built Neo device that works with Comma's Openpilot software, but it costs $1,495.
The Almighty Buck

Valve's Gabe Newell Says Only 30 SteamVR Apps Have Made $250,000+ (roadtovr.com) 50

New submitter rentarno writes: According to Valve President, Gabe Newell, only 30 virtual-reality apps on Steam (of some 1,000) have made more than $250,000. But that isn't stopping the company from throwing the bulk of their weight behind virtual reality; Valve recently confirmed that it's working on 3 full VR games. Valve still believes in a huge future for VR, even while things are slow to start. It'll take work to find and make the content that's great for VR, Newell says. "We got Half-Life 2 and Team Fortress running in VR. It was kind of a novelty, purely a development milestone. There was absolutely nothing compelling about them. Nobody's going to buy a VR system so they can watch movies. You have to aspire and be optimistic that the unique characteristics of VR will cause you to discover a bunch of stuff that isn't possible on any of the existing platforms." How do you view the VR industry in early 2017? Do you think it shows promise or will eventually fail like 3D TV?
Cellphones

Samsung To Sell Refurbished Galaxy Note 7 With a Smaller Battery, Says Report (androidauthority.com) 37

According to a report via The Korean Economic Daily, Samsung is said to be putting refurbished Galaxy Note 7 handsets on sale with new batteries following the cancellation of the device late last year. The speculation suggests the smartphones could be relaunched this June. Android Authority reports: Samsung is said to be swapping the Note 7's 3,500 mAh batteries with a "3,000 to 3,200 mAh" batteries, according to The Korean Economic Daily's sources, predominately for sale in emerging markets such as India and Vietnam. The move is said to be part of Samsung's plan to recover costs from the initial device recall and avoid environmental penalties from the estimated 2.5 million or so Galaxy Note 7s it would have to dispose of. Samsung hasn't made any official announcements in this vein, but before the battery investigation concluded, a spokesperson did tell us that the company was: "Reviewing possible options that can minimize the environmental impact of the recall." Shifting refurbished units would certainly be one way to achieve that.
Censorship

'We Won't Block Pirate Bay,' Swedish Telecoms Giant Says (torrentfreak.com) 12

Last week, a Swedish Patent and Market Court of Appeal ordered The Pirate Bay and streaming portal Swefilmer to be blocked by internet service provider Bredbandsbolaget for the next three years. The order was not well supported by other internet service providers in Sweden, as it appears they don't like the idea of becoming copyright policemen. TorrentFreak reports: Last week ISP Bahnhof absolutely slammed the decision to block The Pirate Bay, describing the effort as signaling the "death throes" of the copyright industry. It even hinted that it may offer some kind of technical solution to customers who are prevented from accessing the site. For those familiar with Bahnhof's stance over the years, this response didn't come as a surprise. The ISP is traditionally pro-freedom and has gone out of its way to make life difficult for copyright enforcers of all kinds. However, as one of the leading telecoms companies in Sweden and neighboring Norway, ISP Telia is more moderate. Nevertheless, it too says it has no intention of blocking The Pirate Bay, unless it is forced to do so by law. "No, we will not block if we are not forced to do so by a court," a company press officer said this morning. Telia says that the decision last week from the Patent and Market Court affects only Bredbandsbolaget, indicating that a fresh legal process will be required to get it to respond. That eventuality appears to be understood by the rightsholders but they're keeping their options open.
Government

Wyden To Introduce Bill To Prohibit Warrantless Phone Searches At Border (onthewire.io) 111

Trailrunner7 quotes a report from On the Wire: A senator from Oregon who has a long track record of involvement on security and privacy issues says he plans to introduce a bill soon that would prevent border agents from forcing Americans returning to the country to unlock their phones without a warrant. Sen. Ron Wyden said in a letter to the secretary of the Department of Homeland Security that he is concerned about reports that Customs and Border Patrol agents are pressuring returning Americans into handing over their phone PINs or using their fingerprints to unlock their phones. DHS Secretary John Kelly has said that he's considering the idea of asking visitors for the login data for their various social media accounts, information that typically would require a warrant to obtain. "Circumventing the normal protection for such private information is simply unacceptable," Wyden said in the letter, sent Monday. "There are well-established procedures governing how law enforcement agencies may obtain data from social media companies and email providers. The process typically requires that the government obtain a search warrant or other court order, and then ask the service provider to turn over the user's data."
Transportation

UPS Develops 'Rolling Warehouse' System In Which Drones Are Launched From Atop Trucks (bloomberg.com) 32

mi writes: A Bloomberg article describes a test conducted by UPS on Monday, "launching an unmanned aerial vehicle from the roof of a UPS truck about a quarter-mile to a blueberry farm outside Tampa, Florida. The drone dropped off a package at a home on the property, and returned to the truck, which had moved about 2,000 feet." The company is looking to design a "rolling warehouse" system in which a drone is "deployed from the roof of a UPS truck and flies at an altitude of 200 feet to the destination." It returns after dropping off the package while the truck is already on its way to the next stop.
PHP

PHP Becomes First Programming Language To Add 'Modern' Cryptography Library In Its Core (bleepingcomputer.com) 116

An anonymous reader writes from a report via BleepingComputer: The PHP team has unanimously voted to integrate the Libsodium library in the PHP core, and by doing so, becoming the first programming language to support a modern cryptography library by default. Developers approved a proposal with a vote of 37 to 0 and decided that Libsodium will be added to the upcoming PHP 7.2 release that will be launched towards the end of 2017. Scott Arciszewski, the cryptography expert who made the proposal, says that by supporting modern crypto in the PHP core, the PHP team will force the WordPress team to implement better security in its CMS, something they avoided until now. Additionally, it will allow PHP and CMS developers to add advanced cryptography features to their apps that run on shared hosting providers, where until now they weren't able to install custom PHP extensions to support modern cryptography. Other reasons on why he made the proposal are detailed here. Arciszewski also says that PHP is actually "the first" programming language to support a "modern" cryptography library in its core, despite Erlang and Go including similar libraries, which he claims are not as powerful and up-to-date as PHP's upcoming Libsodium implementation.
IT

Computer Glasses Claim To Protect Eyesight Are Selling Like Hotcakes, But They Probably Aren't Useful (businessinsider.in) 95

People are increasingly concerned that bright light -- especially "blue light" from computer screens -- is causing harm, making it a potentially dangerous public health issue. Eyewear and screen protector companies have been selling products they say can protect people from these harms. But are they really making any difference? From a report: We do know that blue light at night can interfere with sleep, causing a host of negative effects. But the evidence that the amount of light screen expose us to during the day is harmful is not really there. Furthermore, many experts think these products are unnecessary and could perhaps do more harm than good. [...] The research that companies selling blue-blocking products cite falls into three categories: animal studies, in vitro studies of retinal cells exposed to light, and studies of people exposed to outdoor light. [...] "I think it's largely hype, not science," says Dr. Richard Rosen, Director of Retina Services at New York Eye and Ear Infirmary of Mount Sinai and Ophthalmology Research Director at Icahn School of Medicine. "They want to sell it; they know people get uncomfortable staring at screens all day, so they say, it's because of this [blue light issue]." The report cites insight from several other doctors as well studies to make a case for why these glasses aren't useful.
Security

Netflix Just Announced a User Focused Security Application (netflix.com) 39

Moving beyond movies and TV shows (and their DVDs), Netflix announced on Tuesday Stethoscope, its "first project following a User Focused Security approach." From a company's blog post: The notion of "User Focused Security" acknowledges that attacks against corporate users (e.g., phishing, malware) are the primary mechanism leading to security incidents and data breaches, and it's one of the core principles driving our approach to corporate information security. [...] Stethoscope is a web application that collects information for a given user's devices and gives them clear and specific recommendations for securing their systems. If we provide employees with focused, actionable information and low-friction tools, we believe they can get their devices into a more secure state without heavy-handed policy enforcement. The company says Stethoscope tracks disk encryption, firewall, automatic updates, up-to-date OS/software, screen lock, jailbroken/rooted status, security software stack configurations of the device.
Privacy

GlobalSign Supports Billions of Device Identities In an Effort To Secure the IoT (globalsign.com) 26

Reader broknstrngz writes: GlobalSign, a WebTrust certified CA and identity services provider, has released its high volume managed PKI platform, taking a stab at the current authentication and security weaknesses in the IoT. The new service aims to commodify large scale rapid enrollment and identity management for large federated swarms of devices such as IP cameras, smart home appliances and consumer electronics, core and customer premises network equipment in an attempt to reduce the attack surface exploitable by IoT DDoS botnets such as Mirai.

Strong device identity models are developed in partnership with TPM and hardware cryptographic providers such as Infineon and Intrinsic ID, as well as other Trusted Computing Group members.

Microsoft

Microsoft Confirms Another 2017 Update After Windows 10 Creators Update (betanews.com) 71

Mark Wilson, writing for BetaNews: Windows 10 Creators Update is due to arrive in the spring, and at Microsoft Ignite in Australia, the company confirmed that a second major update is on the way later in the year. We don't know a great deal about this update, but it's likely to incorporate Project NEON design elements. While it is not a new revelation that a second big update is coming to Windows 10 in 2017, until now there has only been a passing reference to the second one from Microsoft.
Businesses

TransferWise Launches International Money Transfers Via Facebook (reuters.com) 31

Money transfer company TransferWise has launched a new service that allows users to send money internationally through Facebook's Messenger, as competition in the digital payments landscape intensifies. From a report on Reuters: The London-based startup said on Tuesday that it had developed a Facebook Messenger "chatbot", or an automated program that can help users communicate with businesses and carry out tasks such as online purchases. TransferWise's chatbot enables customers to send money to friends and family to and from the United States, Britain, Canada, Australia and Europe from Facebook Messenger. It can also be used to set up exchange rate alerts. Facebook already allows its users to send money domestically in the United States via its Messenger app, but has not yet launched similar services internationally. TransferWise said its service will be the first to enable international money transfers entirely within Messenger.
Communications

Gemalto Launches eSIM Technology for Windows 10 Devices (business-standard.com) 45

An anonymous reader shares a report: Global digital security firm Gemalto on Tuesday announced it will make available its on-demand connectivity and eSIM technology for Microsoft's Windows 10 devices. The eSIM is designed to be remotely provisioned by mobile network operators with subscription information and is globally interoperable across all carriers, device makers and technology providers implementing the specification. Gemalto's On-Demand Connectivity solution gives service providers the capability to deliver a seamless customer experience for connecting consumer and industrial devices. "eSIM technology remains an important investment for Microsoft as we look to create even more mobile computing opportunities," said Roanne Sones, General Manager (Strategy and Ecosystem), Microsoft.
Verizon

Verizon Revises Its Deal With Yahoo, Reduces Price Of Acquisition By $350M (techcrunch.com) 47

Ingrid Lunden, writing for TechCrunch: After the disclosure of two massive data breaches last year, today Yahoo and Verizon finally confirmed new terms for the sale of Yahoo to Verizon: Verizon will pay $350 million less than originally planned, working out to a price of $4.48 billion to acquire Yahoo. The two have also agreed to share legal and regulatory liabilities after the massive data breach at Yahoo, which affected some 1.5 billion users across two hacks, one revealed in September 2016, and another in December 2016.
The Internet

How is The New York Times Really Doing? (om.co) 371

Wired magazine did a profile on The New York Times in its this month's issue. Talking about the paper's transition from print to more digital-focus than ever, author Gabriel Snyder wrote, "It's to transform the Times' digital subscriptions into the main engine of a billion-dollar business, one that could pay to put reporters on the ground in 174 countries even if (OK, when) the printing presses stop forever." Veteran journalist Om Malik analyzes the numbers: -> The company reported revenue of nearly $1.6 billion in 2016 -- remarkably consistent with prior years.
-> Print advertising revenue dipped by $70 million year-over-year to $327 million in 2016.
-> Digital advertising revenue, while a meaningful portion of the Times' revenue, did not grow enough to offset vanishing print ad dollars.
-> Total digital ad revenue in 2016 was $206 million, up only 6% from the prior year.
-> The key revenue driver for the New York Times has been its digital subscription business, which added more than half a million paid subscribers in 2016. Thanks in part to interest around the presidential election, the newspaper added 276,000 new digital subscribers in Q4, the single largest quarterly increase since 2011 (the year the pay model was launched).

The Times' digital success is hinged upon two major drivers: affiliate revenues from services like the Wirecutter and digital subscriptions. Advertising might be a good short term bandaid, but the company needs to focus on how to evolve away from it even more aggressively. The Times needs to simplify their sign-up experience and make it easier for people to pay for the subscriptions. As of now, it is like the sound you hear when scratching your nails on a piece of glass.

Windows

EU Privacy Watchdogs Say Windows 10 Settings Still Raise Concerns (reuters.com) 156

Julia Fioretti, reporting for Reuters: European Union data protection watchdogs said on Monday they were still concerned about the privacy settings of Microsoft's Windows 10 operating system despite the U.S. company announcing changes to the installation process. The watchdogs, a group made up of the EU's 28 authorities responsible for enforcing data protection law, wrote to Microsoft last year expressing concerns about the default installation settings of Windows 10 and users' apparent lack of control over the company's processing of their data. The group -- referred to as the Article 29 Working Party -- asked for more explanation of Microsoft's processing of personal data for various purposes, including advertising. "In light of the above, which are separate to the results of ongoing inquiries at a national level, even considering the proposed changes to Windows 10, the Working Party remains concerned about the level of protection of users' personal data," the group said in a statement which also acknowledged Microsoft's willingness to cooperate.
Facebook

Of Course Facebook Is Putting a Snapchat Clone Inside WhatsApp (mashable.com) 74

Karissa Bell, writing for Mashable: Facebook is about to start pushing its next Snapchat clone on a new set of 1 billion+ users. WhatsApp is now starting to roll out its own version of Stories with an update to its Status feature. Launching now in the Netherlands and France, the feature will eventually be live in all the countries where the messaging app is available. [...] The update, which coincides with the chat app's eighth birthday, makes WhatsApp the last of the major Facebook services to get the Snapchat treatment. (The company started with Instagram last year before adding Snapchat-like features to Messenger and the main Facebook app.) Journalist Casey Newton sums up the situation with this sarcastic tweet, "Honestly whatever you think of Evan Spiegel, it's impressive that he's taking Snap public while serving as Facebook's chief product officer."
Businesses

The Death of the Click (axios.com) 128

Sara Fischer, writing for Axios: For the past 10 years, we've operated on the premise that the most important digital metric is the click that refers a person to a website. That click usually comes from a social distribution channel, like Facebook or Twitter, or a search engine, like Google or Bing. But according to industry experts, the click referral is becoming an idea of the past, soon to be replaced by content exposure. [...] Most publishers have designed their websites to measure user interaction through clicks, not scroll rates or time spent on stories. As the industry moves away from click-through rates (CTR's) as the most meaningful marketing metric, those publishers will have a difficult time justifying the effectiveness of their platforms for marketers.
Microsoft

Microsoft Has Cancelled the Second-Gen HoloLens, Working on Third-Gen For 2019 Launch (thurrott.com) 106

Citing several unnamed sources, long-time blogger Brad Sams is reporting that Microsoft has canceled the second iteration of the HoloLens in an attempt to focus on even more advanced HoloLens. The company, he says, now plans to launch that third iteration of HoloLens in 2019. From the report: Back when the first version of HoloLens came out, Microsoft created a roadmap that highlighted several release points for the product. This isn't unusual, you start with the first device, second generation devices are typically smaller and more affordable and then with version three you introduce new technology that upgrades the experience; this is a standard process path in the technology sector. Microsoft, based on my sources, is sidelining what was going to be version two of HoloLens and is going straight to version three. By skipping what was version two on their roadmap, the company can accelerate version three which will be closer to a generational leap and help keep Microsoft ahead of the competition. My sources are telling me that this version of HoloLens will not arrive until 2019.

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