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Businesses

Survey Says: Elon Musk Is Most Admired Tech Leader, Topping Bezos and Zuckerberg (teslarati.com) 119

First Round Capital conducted a poll of 700 tech company founders and found Elon Musk to be the most admired leader in the technology industry. Elon Musk received 23 percent of the votes; 10 percent said Amazon's Jeff Bezos, 6 percent said Facebook founder and CEO Mark Zuckerberg and 5 percent wrote in Steve Jobs. First Round writes: "We launched State of Startups to capture what it means to be an entrepreneur. We asked the leaders of venture-backed companies about everything from the fundraising environment to their working relationships with their co-founders to their office's price per square foot. [...] Once again, we asked founders to write in which current tech leader they admire the most and we tallied 125 names. The Tesla and SpaceX leader held firm at the top spot (23%)..." Teslarati reports: While the survey did not ask respondents to explain their choice, it is safe to assume that Elon's propensity for setting lofty and visionary goals, and then being able to execute on them, is one trait admired most by tech founders. Most recently, Musk moved the scheduled start of production for the upcoming Model 3 midsize sedan forward by a full two years. Tesla also recently celebrated a record-setting third quarter and has been moving aggressively to close the second half of this year with 50,000 cars delivered. The company has announced a series of sweeteners to motivate people to order and take delivery of new vehicles before the end of the year. Unlimited Supercharger access for long distance travel and a, then, upcoming price hike on its entry level Model S 60, announced by the Palo Alto-based electric car maker and energy company, were incentives to stimulate sales. With plans to increase annual vehicle production by a factor of ten to twenty-fold by the end of the decade, send humans to mars and transform the energy sector, Musk's innovative solutions to rewrite humanity as we know it joins an elite rank held by few genius inventors and industrialists who have gone on to change the world.
Government

Paris, Madrid, Athens, Mexico City Will Ban Diesel Vehicles By 2025 (bbc.com) 240

The mayors of four major global cities -- Paris, Mexico City, Madrid and Athens -- announced plans to stop the use of all diesel-powered cars and trucks by 2025. The leaders made their commitments in Mexico at a biennial meeting of city leaders. BBC reports: At the C40 meeting of urban leaders in Mexico, the four mayors declared that they would ban all diesel vehicles by 2025 and "commit to doing everything in their power to incentivize the use of electric, hydrogen and hybrid vehicles." "It is no secret that in Mexico City, we grapple with the twin problems of air pollution and traffic," said the city's mayor, Miguel Angel Mancera. "By expanding alternative transportation options like our Bus Rapid Transport and subway systems, while also investing in cycling infrastructure, we are working to ease congestion in our roadways and our lungs." Paris has already taken a series of steps to cut the impact of diesel cars and trucks. Vehicles registered before 1997 have already been banned from entering the city, with restrictions increasing each year until 2020. The use of diesel in transport has come under increasing scrutiny in recent years, as concerns about its impact on air quality have grown. The World Health Organization (WHO) says that around three million deaths every year are linked to exposure to outdoor air pollution. Diesel engines contribute to the problem in two key ways -- through the production of particulate matter (PM) and nitrogen oxides (NOx). Very fine soot PM can penetrate the lungs and can contribute to cardiovascular illness and death. Nitrogen oxides can help form ground level ozone and this can exacerbate breathing difficulties, even for people without a history of respiratory problems. The diesel ban is hugely significant. Carmakers will look at this decision and know it's just a matter of time before other city mayors follow suit.
Crime

Foxconn Employee Faces 10-Year Prison Sentence For Stealing 5,700 iPhones Worth $1.5 Million (thenextweb.com) 45

A Taiwanese Foxconn manager faces a stiff prison sentence after he stole 5,700 iPhones from his employer, and went to sell them for $1.56 million. The Next Web reports: Foxconn is a tech manufacturing giant. It makes a lot of things, including laptops for HP, phones for Apple, games consoles for Sony, and its workers so depressed it has to install suicide nets. The Taiwanese manager at the center of this crime -- known only by his family name, Tsai -- worked in the testing department at Foxconn's factory in Shenzhen, mainland China. According to Taiwanese prosecutors, Tsai ordered eight of his subordinates to smuggle out thousands of iPhones which were used by the company for testing and quality assurance purposes. These were destined to be scrapped after use. The stolen iPhones (mostly iPhone 5 and iPhone 5s models) made their way to stores in Shenzhen, and went on to make Tsai and his accomplices nearly $1.56 million USD (Tw$50 million). Tsai has since been charged with breach of trust and, if found guilty, he faces a maximum 10-year jail term.
Crime

Lawyer Sues 20-Year-Old Student Who Gave a Bad Yelp Review, Loses Badly (arstechnica.com) 90

20-year-old Lan Cai was in a car crash this summer, after she was plowed into by a drunk driver and broke two bones in her lower back. She didn't know how to navigate her car insurance and prove damages, so she reached out for legal help. Things didn't go as one would have liked, initially, as ArsTechnica documents:The help she got, Cai said, was less than satisfactory. Lawyers from the Tuan A. Khuu law firm ignored her contacts, and at one point they came into her bedroom while Cai was sleeping in her underwear. "Seriously, it's super unprofessional!" she wrote on Facebook. (The firm maintains it was invited in by Cai's mother.) She also took to Yelp to warn others about her bad experience. The posts led to a threatening e-mail from Tuan Khuu attorney Keith Nguyen. Nguyen and his associates went ahead and filed that lawsuit, demanding the young woman pay up between $100,000 and $200,000 -- more than 100 times what she had in her bank account. Nguyen said he didn't feel bad at all about suing Cai. Cai didn't remove her review, though. Instead she fought back against the Khuu firm, all thanks to attorney Michael Fleming, who took her case pro bono. Fleming filed a motion arguing that, first and foremost, Cai's social media complaints were true. Second, she couldn't do much to damage the reputation of a firm that already had multiple poor reviews. He argued the lawsuit was a clear SLAPP (strategic Lawsuit Against Public Participation). Ultimately, the judge agreed with Fleming, ordering the Khuu firm to pay $26,831.55 in attorneys' fees.
Technology

Fake Apple Chargers Fail Safety Tests (bbc.com) 120

Investigators have warned consumers they face potentially fatal risks after 99% of fake Apple chargers failed a basic safety test. From a report on BBC: Trading Standards, which commissioned the checks, said counterfeit electrical goods bought online were an "unknown entity." Of 400 counterfeit chargers, only three were found to have enough insulation to protect against electric shocks. It comes as Apple has complained of a "flood" of fakes being sold on Amazon. Apple revealed in October that it was suing a third-party vendor, which it said was putting customers "at risk" by selling power adapters masquerading as those sold by the Californian tech firm.
The Almighty Buck

South Korea To Kill the Coin in Path Towards 'Cashless Society' (cnbc.com) 258

The central bank in South Korea, one of the world's most technologically advanced and integrated nations, is taking a major step in getting rid of coins in the nation in what is an attempt to become a cashless society. The first step is to get rid of the metal, a feat authorities hope to achieve by 2020. From a report on FT: The Bank of Korea on Thursday announced it will step up its efforts to reduce the circulation of coins, the highest denomination of which is worth less than $0.50. As part of the plan it wants consumers to deposit loose change on to Korea's ubiquitous "T Money" cards -- electronic travel passes that can be used to pay for metro fares, taxi rides and even purchases in 30,000 convenience stores. The proposals are just the latest step for a nation at the forefront of harnessing technology to make citizens' lives more convenient. Online shopping is the norm, as are mobile payments for the country's tech-savvy millennials. South Korea is already one of the least cash-dependent nations in the world. It has among the highest rates of credit card ownership -- about 1.9 per citizen -- and only about 20 percent of Korean payments are made using paper money, according to the BoK. But while convenience is at the crux of the central bank's plan, there are other considerations. The BoK spends more than $40m a year minting coins. There are also costs involved for financial institutions that collect, manage and circulate them.
Android

Motorola Has No Plans For a New Smartwatch (theverge.com) 38

An anonymous reader quotes a report from The Verge: Lenovo Moto today confirmed that it will not be releasing a new smartwatch for the launch of Android Wear 2.0, due early next year. The company had earlier said it would not be releasing a new smartwatch in 2016, but it is now saying that it doesn't plan to put out a new device timed to the arrival of Google's newest wearable platform, either. Shakil Barkat, head of global product development at Moto, said the company doesn't "see enough pull in the market to put [a new smartwatch] out at this time," though it may revisit the market in the future should technologies for the wrist improve. "Wearables do not have broad enough appeal for us to continue to build on it year after year," Barkat said, and indicated that smartwatches and other wearable devices will not be in Moto's annual device roadmap. Whether or not Moto does jump back into the smartwatch market is still up in the air, but Barkat is leaving the possibility open. "We believe the wrist still has value and there will be a point where they provide value to consumers more than they do today," Barkat said. But it doesn't appear that we'll be getting a new Moto 360 or other smartwatch any time in the near future. Google announced back in September that it would be delaying the launch of Android Wear 2.0 from this fall to next year. LG and Huawei have also confirmed that they would not be releasing new smartwatches until at least next year.
Businesses

AngelList Acquires Product Hunt (fortune.com) 25

Product Hunt, an online community of tech product enthusiasts, is no longer going at it alone. The three-year-old San Francisco startup said Thursday it is being acquired by AngelList, a popular crowdfunding platform for startups and angel investors. From a report on Fortune: Though Product Hunt is still a very young startup, it's not hard to see why it made the move to sell to AngelList. Product Hunt debuted three years ago, almost to the day-- founder Ryan Hoover and a friend, Nathan Bashaw, put together the original version of the website during the Thanksgiving weekend. Hoover had initially experimented with sharing apps and other tech products with a small group of friends via email newsletters. The site quickly grew in reputation among Silicon Valley insiders and tech enthusiasts everywhere as a place to share and find new or interesting apps, gadgets, and tech tools. It even had a small job board, which was Product Hunt's first source of revenue. Product Hunt also said it will continue to operate independently.
Businesses

Fitbit Is Buying Smartwatch Maker Pebble For Around $40 Million, Says Report (techcrunch.com) 94

According to a report from The Information, Fitbit is buying smartwatch maker Pebble for a "small amount" of money. One source says Fitbit is paying between $34 and $40 million for the company and is "barely covering their debts." TechCrunch reports: A source close to the company told TechCrunch that watch maker Citizen was interested in purchasing Pebble for $740 million in 2015. This deal failed and before the launch of the Pebble 2 Intel made an offer for $70 million. The CEO, Eric Migicovsky refused both offers. Pebble released the newest version of its smartwatch in October, but the past year or so has been a challenging period. It laid off 25 percent of its staff in March, while we reported last year that it was in some trouble and had turned to debt funding and loans, as well as traditional investor cash, "in order to stay afloat." Earlier this year, Pebble CEO Migicovsky confirmed that his company had raised $28 million in debt and venture financing. He blamed a more cautious outlook from VCs focused on tech as the primary reason for letting 40 of Pebble's staff go.
Republicans

Twitters Says It Will Ban Trump If He Breaks Hate-Speech Rules (qz.com) 1055

Twitter has made a serious effort as of late to limit hate speech on its social media site, especially after Election Day where "biased graffiti, assaults and other incidents have been reported in the news." The company now faces President-elect Donald Trump, who has used Twitter for the past 18 months as a megaphone for his views and rants, which many would consider as "hate speech." According to the American Bar Association, hate speech is "speech that offends, threatens, or insults groups, based on race, color, religion, national origin, sexual orientation, or other traits." Quartz reports: While Trump's deceptive tweets may not violate Twitter's rules against harassment, threats and "hateful conduct," Twitter is still keeping an eye on his account for more egregious offenses. This week, the company told Slate it would consider banning key government officials, even the president, if its rules against hate speech or other language were violated. "The Twitter Rules prohibit violent threats, harassment, hateful conduct, and multiple account abuse, and we will take action on accounts violating those policies," a spokesperson wrote. Twitter confirmed with Quartz that everyone, including government officials, were subject to the policy: "The Twitter Rules apply to all accounts," a spokesman wrote. Trump may not have crossed that line yet, but he hasn't exactly refrained from making incendiary claims. Most recently, he claimed that Abdul Razak Ali Artan, who allegedly carried out an attack injuring 11 students at Ohio State University, "should not have been in our country." Artan was a legal permanent U.S. resident, whose family had fled Somalia for Pakistan in 2007. He arrived in the States in 2014.
Government

It Will Soon Be Illegal To Punish Customers Who Criticize Businesses Online (arstechnica.com) 154

An anonymous reader quotes a report from Ars Technica: Congress has passed a law protecting the right of U.S. consumers to post negative online reviews without fear of retaliation from companies. The bipartisan Consumer Review Fairness Act was passed by unanimous consent in the U.S. Senate yesterday, a Senate Commerce Committee announcement said. The bill, introduced in 2014, was already approved by the House of Representatives and now awaits President Obama's signature. The Consumer Review Fairness Act -- full text available here -- voids any provision in a form contract that prohibits or restricts customers from posting reviews about the goods, services, or conduct of the company providing the product or service. It also voids provisions that impose penalties or fees on customers for posting online reviews as well as those that require customers to give up the intellectual property rights related to such reviews. The legislation empowers the Federal Trade Commission to enforce the new law and impose penalties when necessary. The bill also protects reviews that aren't available via the Internet.
Businesses

Samsung Electronics Considers Split as Investor Pressure Builds (reuters.com) 20

Tech giant Samsung Electronics, under pressure from shareholders to improve investor returns, said on Tuesday it will consider creating a holding company in what would be the biggest shake-up in its 47-year history. Reuters reports: The move and a plan to raise dividends come after U.S. hedge fund Elliott Management in October called for the South Korean firm to split itself into a holding vehicle and an operating company. However, the world's top maker of smartphones, memory chips and televisions, said it was "absolutely neutral" about whether to proceed and provided little detail on the potential restructuring, underwhelming investors. "The review does not indicate the management or the board's intention one way or another," the company said in a statement, adding it had hired external advisers for a review expected to take at least six months. Shares in Samsung, worth $224 billion combined, finished unchanged on the day at 1.677 million won ($1,434) each. The 2016 dividend boost fell short of some expectations, while uncertainty over the restructuring kept investors at bay, analysts said.
Businesses

CNN Acquires Social-Video Startup Beme, Co-Founded By YouTube Star Casey Neistat (variety.com) 62

CNN announced Monday that it has purchased video-sharing app Beme, and will work with its founder, Casey Neistat, to build a new media brand next year focused on storytelling for a younger audience. Casey Neistat is a YouTube celebrity and tech entrepreneur who launched Beme last year. Variety reports: CNN said the new venture that it's forming out of the acquisition -- aimed at reaching millennial viewers with the street cred of Neistat's reporting and commentary -- will launch in the summer of 2017. All 11 of Beme's employees will join CNN; the cable news network will be shutting down Beme, which had garnered more than 1 million downloads. New York-based filmmaker Neistat, who has more than 5.8 million subscribers on YouTube, announced earlier this month on his channel that he would be suspending his personal vlog to focus on new projects, one of which turns out is the pact with CNN. His daily vlog dispatches cover current political and news events as well as action sequences like his viral "Snowboarding With the NYPD" video last winter. Led by Hackett, formerly VP of engineering at Yahoo's Tumblr, Beme's development team will "build technology to enable the new company and also develop mobile video capabilities for CNN's portfolio of digital properties," according to the Turner-owned cable news network. Neistat, 35, will lead the new venture's "editorial vision" as executive producer. CNN said it will employ its global resources to launch the new media brand, and plans to hire dozens of producers, builders, developers, designers and content creators for the new company. CNN said the new Beme-based company will operate as a standalone business under the CNN Digital umbrella.
Communications

NASA X-Ray Tech Could Enable Superfast Communication In Deep Space (space.com) 58

An anonymous reader quotes a report from Space.com: New technology could use X-rays to transmit data at high rates over vast distances in outer space, as well as enable communications with hypersonic vehicles during re-entry, when radio communications are impossible, NASA scientists say. The technology would combine multiple NASA projects currently in progress to demonstrate the feasibility of X-ray communications from outside the International Space Station. The radio waves used by mobile phones, Wi-Fi and, of course, radios, are one kind of light. Other forms of light can carry data as well; for instance, fiber-optic telecommunications rely on pulses of visible and near-infrared light. The effort to use another type of light, X-rays, for communication started with research on NASA's proposed Black Hole Imager. That mission is designed to analyze the edges of the supermassive black holes that previous research suggested exist at the centers of most, if not all, large galaxies. One potential strategy to enable the Black Hole Imager was to develop a constellation of precisely aligned spacecraft to collect X-rays emitted from the edges of those black holes. Keith Gendreau, an astrophysicist at NASA's Goddard Space Flight Center in Greenbelt, Maryland, thought of developing X-ray emitters that these spacecraft could use as navigational beacons to make sure they stayed in position relative to one another. The system would keep them aligned down to a precision of just 1 micron, or about one-hundredth the average width of a human hair. Gendreau then reasoned that by modulating or varying the strength or frequency of these X-ray transmissions on and off many times per second, these navigational beacons could also serve as a communication system. Such X-ray communication, or XCOM, might, in theory, permit gigabit-per-second data rates throughout the solar system, he said. One advantage that XCOM has compared to laser communication in deep space is that X-rays have shorter wavelengths than the visible or infrared light typically used in laser communication. Moreover, X-rays can penetrate obstacles that impede radio communication.
Earth

Great Barrier Reef Has Worst Coral Die-Off Ever, Report Finds (usatoday.com) 235

Australia's Great Barrier Reef has suffered from its worst coral die-off ever recorded, according to a new study from the Australian Research Council Center of Excellence for Coral Reef Studies based at James Cook University. "Stress from the unusually warm ocean water heated by man-made climate change and the natural El Nino climate pattern caused the die-off," reports USA Today. At more than 1,400 miles long, Australia's Great Barrier Reef is the world's largest coral reef and the planet's biggest structure made by living organisms. In the northernmost section of the reef, which had been considered the most "pristine," some 67% of the coral died. The good news, scientists said, was that central and southern sections of the reef fared far better, with "only" 6% and 1% of the coral dead, respectively. Coral reefs result from the work of little polyps, creatures only a few millimeters long, budded on top of one another. Over centuries, the shells of these creatures combine to form the exotic shapes of coral reefs. Tiny differences in the anatomy of each polyp species affect the shape of their shells and produce the exotic shapes of each reef. The vibrant colors that draw thousands of tourists to the Great Barrier Reef each year come from algae that live in the corals tissue. When water temperatures become too high, coral becomes stressed and expels the algae, which leave the coral a bleached white color. Mass coral bleaching is a new phenomenon and was never observed before the 1980s as global warming ramped up. Besides their beauty, reefs shelter land from storms, and are also a habitat for myriads of species.
China

Microsoft Confirms Its Chinese-Language Chatbot Filters Certain Topics (fortune.com) 19

Microsoft's Chinese-language AI chat bot filters certain topics, the company confirmed Monday, although it did not clarify whether that included interactions deemed politically sensitive. From a report on Fortune: Last week, CNNMoney and China Digital Times reported that Xiaoice would not directly respond to questions surrounding topics deemed sensitive by the Chinese state. References to the Tiananmen Square massacre of 1989 or "Steamed Bun Xi," a nickname of Chinese President Xi Jinping, would draw evasive answers or non sequiturs from the chat bot, according to the report. "Am I stupid? Once I answer you'd take a screengrab," read one answer to a question that contained the words "topple the Communist Party." Even the mention of Donald Trump, the American President-elect, drew an evasive response from the chat bot, according to reports. "I don't want to talk about it," Xiaoice said, reports CNN Money. In response to inquiries from Fortune, Microsoft confirmed that there was some filtering around Xiaoice's interaction. "We are committed to creating the best experience for everyone chatting with Xiaoice," a Microsoft spokesperson tells Fortune. "With this in mind, we have implemented filtering on a range of topics." The tech giant did not further elaborate to which specific topics the filtering applied.
Botnet

You Can Now Rent A Mirai Botnet Of 400,000 Bots (bleepingcomputer.com) 62

An anonymous reader writes: Two hackers are renting access to a massive Mirai botnet, which they claim has more than 400,000 infected bots, ready to carry out DDoS attacks at anyone's behest. The hackers have quite a reputation on the hacking underground and have previously been linked to the GovRAT malware, which was used to steal data from several US companies. Renting around 50,000 bots costs between $3,000-$4,000 for 2 weeks, meaning renting the whole thing costs between $20,000-$30,000.

After the Mirai source code leaked, there are countless smaller Mirai botnets around, but this one is [believed to be the one] accounting for more than half of all infected IoT devices...that supposedly shut down Internet access in Liberia. The original Mirai botnet was limited to only 200,000 bots because there were only 200,000 IoT devices connected online that had their Telnet ports open. The botnet that's up for rent now has received improvements and can also spread to IoT devices via SSH, hence the 400,000 bots total.

Interestingly, the article claims the botnet's creators had access \to the Mirai source code "long before it went public."
Government

Will Trump Protect America's IT Workers From H-1B Visa Abuses? (cio.com.au) 400

Monday president-elect Donald Trump sent "the strongest signal yet that the H-1B visa program is going get real scrutiny once he takes office," according to CIO. Slashdot reader OverTheGeicoE summarizes their report: President-elect Donald Trump released a video message outlining his policy plans for his first 100 days in office. At 1 minute, 56 seconds into the message, he states that he will direct the Department of Labor to investigate "all abuses of the visa programs that undercut the American worker." During his presidential campaign, Trump was critical of the H-1B visa program that has been widely criticized for displacing U.S. high-technology workers. "Companies are importing low-wage workers on H-1B visas to take jobs from young college-trained Americans," said Trump at an Ohio rally. At other rallies, Trump invited former IT workers from Disney who had been forced to train their H-1B replacements to speak.
"What he didn't say was that he was going to close the door to skilled immigrants," one tech entrepreneur told CNN Money -- although Trump's selection for attorney general has called the shortage of qualified American tech workers "a hoax".
The Media

Crowdsourced Volunteers Search For Solutions To Fake News (wired.co.uk) 270

Upworthy co-founder Eli Pariser is leading a group of online volunteers hunting for ways to respond to the spread of fake news. An anonymous reader quotes Wired UK: Inside a Google Doc, volunteers are gathering ideas and approaches to get a grip on the untruthful news stories. It is part analysis, part brainstorming, with those involved being encouraged to read widely around the topic before contributing. "This is a massive endeavour but well worth it," they say...

At present, the group is coming up with a list of potential solutions and approaches. Possible methods the group is looking at include: more human editors, fingerprinting viral stories then training algorithms on confirmed fakes, domain checking, the blockchain, a reliability algorithm, sentiment analysis, a Wikipedia for news sources, and more.

The article also suggests this effort may one day spawn fake news-fighting tech startups.
The Media

False Porn-on-CNN Report Shows How Quickly Fake News Spreads (usatoday.com) 158

Slashdot reader xtsigs writes: "No, despite what you read, CNN did not run porn for 30 minutes Thursday, as was reported by Fox News, the New York Post, Variety and other news organizations, several of which later corrected their stories," reports USA Today. The story goes on to explain how the story started (a single tweet), how it was quickly picked up by media outlets (without verifying if CNN actually did, in truth, broadcast porn), how it was then retracted by some outlets (but not others).

Other outlets jumped on the story of the story while, as of early Saturday morning some sites are still running the original story claiming CNN did, in fact, broadcast 30 minutes of porn.

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