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Samsung Starts 3-Nanometer Chip Production Ahead of TSMC Published on July 01, 2022 at 04:50AM Samsung Electronics said Thursday it has kicked off mass production of 3-nanometer chips, becoming the first company to do so globally, as it aims to beat Taiwan Semiconductor Manufacturing Co, or TSMC, the world's most advanced foundry chipmaker. TechCrunch reports: Samsung said it's using gate-all-around (GAA) transistor architecture, which allows these first-generation 3-nm chips to have 16% smaller surface area, 45% reduction in power usage and 23% performance improvement compared with current 5-nm chips. The South Korean company also said in a statement that the second generation of the 3-nm process would allow 50% lower power consumption. The company is currently producing the first generation of 3-nm chips and plans to start the second generation of the 3-nm process production in 2023, a spokesperson at Samsung Electronics told TechCrunch. Samsung has been competing with Appl...

No AML Checks For Most Transfers To Unhosted Crypto Wallets, EU Policymakers Decide Published on July 01, 2022 at 04:10AM A Wednesday meeting secured a final deal on anti-money laundering legislation for crypto transfers and largely overturned a proposal from the EU Parliament to impose laundering checks on all payments to private wallets. CoinDesk reports: The final proposals will mean customer identity needs to be verified for even the smallest crypto transfers, if it's between two regulated digital wallet providers -- but payments to unhosted private wallets will largely be left out of laundering checks. EU lawmakers and government representatives have been meeting over the last three months to hash out a political deal on the bill, which was introduced in July 2021 by the European Commission. Two sources leaving the meeting, who asked not to be named, told CoinDesk a deal had been reached on the legislation after just over an hour of talks. Just under an hour following the pu...

New Algorithm Can Predict Future Crime a Week In Advance, With 90% Accuracy Published on July 01, 2022 at 03:32AM An anonymous reader quotes a report from PsychNewsDaily: Scientists from the University of Chicago have developed a new algorithm that can predict future crime a week in advance with about 90% accuracy, and within a range of about 1000 feet. It does so by learning patterns from public data on violent and property crimes. The tool was tested and validated using historical data from the City of Chicago around two broad categories of reported events: violent crimes (homicides, assaults, and batteries) and property crimes (burglaries, thefts, and motor vehicle thefts). These data were used because they were most likely to be reported to police in urban areas where there is historical distrust and lack of cooperation with law enforcement. Such crimes are also less prone to enforcement bias, unlike drug crimes, traffic stops, and other misdemeanor infractions. The new model iso...

Markets Head Toward Worst First Half of a Year in Decades Published on July 01, 2022 at 02:51AM Global markets are set to close out their most bruising first half of a year in decades, leaving investors bracing for the prospect of further losses. From a report: Accelerating inflation and rising interest rates have fueled a monthslong rout that left few markets unscathed. The S&P 500 fell 20% through Wednesday, heading for its worst first half of a year since 1970, according to Dow Jones Market Data. Investment-grade bonds, as measured by the iShares Core U.S. Aggregate Bond exchange-traded fund, lost 11% -- on course for their worst start to a year ever. Stocks and bonds in emerging markets tumbled, hurt by slowing growth. And cryptocurrencies came crashing down, saddling individual investors and hedge funds alike with steep losses. About the only thing that rose in the first half was commodities prices. Oil prices surged above $100 a barrel, and U.S. gas prices hit records after...

Google Consolidates Its Chrome and Android Password Managers Published on July 01, 2022 at 02:15AM Google today announced an update to its password manager that will finally introduce a consistent look-and-feel across the service's Chrome and Android implementations. From a report: Users will soon see a new unified user experience that will automatically group multiple passwords for the same sites or apps together, as well as a new shortcut on the Android home screen to get access to these passwords. In addition to this, Google is also now adding a new password-related feature to Chrome on iOS, which can now generate strong passwords for you (once you set Chrome as an autofill provider). Meanwhile, on Android, Google's password check can now also flag weak and re-used passwords and help you to automatically change them, while Chrome users across platforms will now see compromised password warnings. Read more of this story at Slashdot.

Raspberry Pi Introduces a $6 Board With Wi-Fi Published on July 01, 2022 at 01:31AM Everyone's favorite versatile microcontroller maker, Raspberry Pi, just unveiled a handful of new, budget-minded products. The company is building on the success of its $4 Pico board, which has thus far moved just under two million units since its January 2021 launch. From a report: The new Pico W is launching today for $6 -- the "W" (and additional $2) brings 802.11 Wi-Fi connectivity to the system. The $5 Pico H adds a pre-populated header for interfacing with other systems; the Pico WH ($7) gets you both. The first two are available right now, while WH is shipping at some point in August. As the company notes, its boards have found a lot of success beyond their initial hobbyist and educational focus, as companies have begun to intregrate the controllers directly into their products. Read more of this story at Slashdot.

Cryptocurrency Titan Coinbase Providing 'Geo Tracking Data' To ICE Published on July 01, 2022 at 12:51AM Coinbase, the largest cryptocurrency exchange in the United States, is selling Immigrations and Customs Enforcement a suite of features used to track and identify cryptocurrency users, according to contract documents shared with The Intercept. From a report: In August 2021, Coinbase sold a single analytics software license to ICE for $29,000, followed by a software purchase potentially worth $1.36 million the next month, but details of exactly what capabilities would be offered to the agency's controversial Homeland Security Investigations division of were unclear. A new contract document obtained by Jack Poulson, director of the watchdog group Tech Inquiry, and shared with The Intercept, shows ICE now has access to a variety of forensic features provided through Coinbase Tracer, the company's intelligence-gathering tool (formerly known as Coinbase Analytics). Coin...

FTX Closes in on a Deal To Buy Embattled Crypto Lender BlockFi for $25 Million in a Fire Sale Published on July 01, 2022 at 12:10AM FTX is swooping in to buy crypto lender BlockFi for pennies on the dollar, CNBC reported Thursday, citing sources familiar with the matter. From a report: The term sheet is almost over the finish line and expected to be signed by the end of the week, according to one source, who asked not to be named because the deal discussions were confidential. FTX will pay roughly $25 million -- 99% below BlockFi's last private valuation. Jersey City, New Jersey-based BlockFi was last valued at $4.8 billion, according to PitchBook. An acquisition could take multiple months to close, and the price tag could shift between now and Friday, a source said. Friday also marks the end of the quarter, which the person said was a catalyst for getting a deal signed. The Wall Street Journal first reported that FTX was seeking an equity stake in the company, while the Block re...

Substack Is Laying Off 14% of Its Staff Published on June 30, 2022 at 04:20AM Substack, the newsletter start-up that has attracted prominent writers including George Saunders and Salman Rushdie, laid off 13 of its 90 employees on Wednesday, part of an effort to conserve cash amid an industrywide funding crunch for start-ups. The New York Times reports: Substack's chief executive, Chris Best, told employees that the cuts affected staff members responsible for human resources and writer support functions, among others, according to a person familiar with the discussion. The cuts are a blow to a company that has said it was opening up a new era of media, in which people writing stories and making videos would be more empowered, getting direct payments from readers for what they produce instead of being paid by the publications or sites where their work appears. Mr. Best told employees on Wednesday that Substack had decided to cut jobs so it could fund its operations from its own rev...

Kim Dotcom Not Happy, Says 'Mega Mass Piracy Report' Is On the Way Published on June 30, 2022 at 03:40AM An anonymous reader quotes a report from TorrentFreak: Megaupload founder Kim Dotcom does not seem like a happy man right now. After accusing two of his former colleagues [Mathias Ortmann and Bram van der Kolk] of facilitating Chinese spying, Dotcom says that a report is being produced to show that mass infringement is taking place on Mega, a company he co-founded. Surprisingly, he says it will include live pirate links to content posted by Mega users. [...] Turning his attention to former colleagues Ortmann and van der Kolk, last week Dotcom publicly blamed them for his exit from Mega, claiming they had "stolen" the company from him. How this dovetails with previous allegations related to his major falling out with former Mega CEO Tony Lentino, who also founded domain name registrar Instra, is unknown. Local media reports suggest that Dotcom hasn't spoken to...

Crypto Tax Cheats Likely to Get Relief as US Crackdown Hits Snag Published on June 30, 2022 at 03:00AM The US government's bid to collect billions of dollars in taxes is hitting a snag, with the Biden administration poised to delay when crypto brokers and exchanges must start gathering detailed information on their clients' trading. From a report: The Treasury Department and the Internal Revenue Service are likely to push off a January date for the firms to begin tracking data such as customers' capital gains and losses, according to people familiar with the matter who asked not to be named because a final decision hasn't been made. The move would mean the tax agency waits longer to get the kind of data it gets for stocks or bonds. Crypto tax evasion remains a major issue for Washington policy makers even amid the recent downturn. Treasury and the IRS have struggled to quickly draft rules, which firms will use in collecting and reporting the information on their clien...

A Wide Range of Routers Are Under Attack By New, Unusually Sophisticated Malware Published on June 30, 2022 at 02:20AM An unusually advanced hacking group has spent almost two years infecting a wide range of routers in North America and Europe with malware that takes full control of connected devices running Windows, macOS, and Linux, researchers reported on Tuesday. From a report: So far, researchers from Lumen Technologies' Black Lotus Labs say they've identified at least 80 targets infected by the stealthy malware, infecting routers made by Cisco, Netgear, Asus, and DrayTek. Dubbed ZuoRAT, the remote access Trojan is part of a broader hacking campaign that has existed since at least the fourth quarter of 2020 and continues to operate. The discovery of custom-built malware written for the MIPS architecture and compiled for small office and home office routers is significant, particularly given its range of capabilities. Its ability to enumerate all devices connected to an i...

A Pro-China Online Influence Campaign is Targeting the Rare-Earths Industry Published on June 30, 2022 at 01:40AM Disinformation operatives seek to undermine firms in the Western world as China fights to maintain near-monopoly power. From a report: An online influence campaign carried out by a group that promotes China's political interests is targeting Western companies that mine and process rare-earth elements, according to a new report from cybersecurity firm Mandiant. The campaign, which is playing out in Facebook groups and micro-targeted tweets, is trying to stoke environmentalist protests against the companies in the US. The operation is attributed to an online group code-named Dragonbridge, which has also been responsible for campaigns claiming that covid-19 originated in the United States. Its latest campaign has increased in intensity in recent weeks as part of a strategic battle between China and its Western adversaries over who controls the precious resources and thei...

Firefox Can Now Automatically Remove Tracking From URLs Published on June 30, 2022 at 01:08AM Mozilla's latest Firefox browser release has a new feature that prevents sites like Facebook from tracking you across websites. Called Query Parameter Stripping, it automatically removes strings of characters added to the end of an URL. Read more of this story at Slashdot.

Apple Promises 'White Glove Experiences' For Its Most Helpful Community Members Published on June 30, 2022 at 12:12AM Apple is rewarding the most active and helpful members of its support forums with its new Community Plus program. The invite-only program gives these "high-level" Support Community members access to exclusive perks and experiences. From a report: Apple's Support Community members can already earn points based on their activity, granting them access to rewards as they level up. This includes the ability to upload a custom avatar as well as participate in conference calls with the Apple Support Community team and even in-person meetups with other members. But the Community Plus program appears to take things a bit further. It applies to the "shining stars" of Apple support forums who provide the most detailed and helpful answers. Apple says it will only add a "small group" of people to the program on a yearly basis. If this type...

FBI Says People Are Using Deepfakes To Apply To Remote Jobs Published on June 29, 2022 at 03:40AM An anonymous reader quotes a report from Gizmodo: The FBI wrote to its Internet Crime Complaint Center Tuesday that it has received multiple complaints of people using stolen information and deepfaked video and voice to apply to remote tech jobs. According to the FBI's announcement, more companies have been reporting people applying to jobs using video, images, or recordings that are manipulated to look and sound like somebody else. These fakers are also using personal identifiable information from other people -- stolen identities -- to apply to jobs at IT, programming, database, and software firms. The report noted that many of these open positions had access to sensitive customer or employee data, as well as financial and proprietary company info, implying the imposters could have a desire to steal sensitive information as well as a bent to cash a fraudulent paycheck. What isn...

Modern City Dwellers Have Lost About Half Their Gut Microbes Published on June 29, 2022 at 03:00AM Comparing genomes of intestinal bacteria in various primates and human populations begins to pinpoint the possibly helpful microbes that have gone missing from our guts. From a report: Deep in the human gut, myriad "good" bacteria and other microbes help us digest our food, as well as keep us healthy by affecting our immune, metabolic, and nervous systems. Some of these humble microbial assistants have been in our guts since before humans became human -- certain gut microbes are found in almost all primates, suggesting they first colonized a common ancestor. But humans have also lost many of these helpers found in other primates and may be losing even more as people around the world continue to flock to cities, a researcher reported last week at a microbiology meeting in Washington, D.C. Those absent gut microbes could affect human health, he says. "This work helps us dev...

Mozilla Releases Firefox 102 Published on June 29, 2022 at 02:23AM williamyf writes: Today, Mozilla released Firefox 102. New features include:* Tired of too many windows crowding your screen? You can now disable automatic opening of the download panel every time a new download starts. Read more.* Firefox now mitigates query parameter tracking when navigating sites in ETP strict mode.* Subtitles and captions for Picture-in-Picture (PiP) are now available at HBO Max, Funimation, Dailymotion, Tubi, Disney+ Hotstar, and SonyLIV. This allows you to view video in a small window pinned to a corner of the screen while navigating between apps or browsing content on the main screen. But do not get fooled, the most important feature is that this release is an ESR, this is super-important of a host of reasons: * Firefox ESR is the basis for KaiOS (an evolution of BootToGecko), an OS for Semi-Smart Phones very popular in India (100milion+), SE Asia + Africa (~60Milion), so, whatever made the cut...

Google Makes Earth Engine Available To All Businesses and Governments Published on June 29, 2022 at 01:40AM For the past decade, researchers in academia and the nonprofit world have had access to increasingly sophisticated information about the Earth's surface, via the Google Earth Engine. Now, any commercial or government entity will have access to Google Cloud's new enterprise-grade, commercial version of the computer program. From a report: Google originally launched Earth Engine for scientists and NGOs in 2010. One of the world's largest publicly available Earth observation catalogs, it combines data from satellites and other sources continuously streaming into Earth Engine. The data is combined with massive geospatial cloud-computing resources, which lets organizations use the raw data for timely, accurate, high-resolution insights about the state of the world. That means they can keep a near-constant eye on the world's forests, water sources, ecosystems and agri...

NASA's CAPSTONE Mission Launches To the Moon Published on June 29, 2022 at 01:00AM A small NASA-financed spacecraft launched from New Zealand on Tuesday, kicking off the space agency's plans to send astronauts back to the moon in a few years. From a report: The spacecraft, called CAPSTONE, is about the size of a microwave oven. It will study a specific orbit where NASA plans to build a small space station for astronauts to stop at before and after going to the moon's surface. At 9:55 p.m. local time (5:55 a.m. Eastern time), a 59-foot-tall rocket carrying CAPSTONE lifted off from a launchpad along the eastern coast of New Zealand. Although the mission is gathering information for NASA, it is owned and operated by a private company, Advanced Space, based in Westminster, Colo. For a spacecraft headed to the moon, CAPSTONE is inexpensive, costing just under $30 million including the launch by Rocket Lab, a U.S.-New Zealand company. The first two stages of Electron rocket pla...

Bored Apes Creator Sues Conceptual Artist For Copying Its NFTs Published on June 29, 2022 at 12:20AM The company behind Bored Ape Yacht Club has sued conceptual artist Ryder Ripps for selling duplicates of its Bored Ape non-fungible tokens or NFTs. From a report: The lawsuit, filed in a California court this weekend, accuses Ripps of a "calculated, intentional, and willful" scheme to damage BAYC while promoting his own copycat work. Ripps and Yuga Labs have been at odds for months, in part because of Ripps' RR/BAYC NFT series. The series used BAYC images but connected them with a different crypto token and sold them for the equivalent of around $200 apiece, a bargain compared to the real thing, which currently sell for around $100,000 on the low end. "This is no mere monkey business. It is a deliberate effort to harm Yuga Labs at the expense of consumers by sowing confusion about whether these RR/BAYC NFTs are in some way sponsored, affiliated, or connected to Yuga...

Fintechs Face Reckoning as Easy Money Dries Up Published on June 28, 2022 at 03:40AM Valuations have collapsed even faster than they climbed, making fresh funding hard to come by. From a report: As a wave of fintechs rode successive funding rounds to ever-higher valuations over the past five years, Swedish buy now, pay later company Klarna declared its ambition to become the Ryanair, Tesla and Amazon of the sector. But now as central banks raise rates in a fight against surging inflation, Klarna is trying to raise fresh cash at less than half its peak $46bn valuation and fintechs are having to come to terms with a world where expansion can no longer be fuelled by cheap money and business models must be demonstrated by profits. A record amount of investment poured into fintech companies in 2021, but many now struggle to raise fresh funds and are discussing selling themselves or accepting lower valuations to stay afloat, according to investors, analysts and executives in the industry. ...

Google Hangouts is Shutting Down in November Published on June 28, 2022 at 03:00AM After sunsetting Google Hangouts for Workspace users in February, Google's now beginning the process of migrating free, personal Hangouts users to Chat. In an announcement posted to its blog, Google says people who still use the Hangouts mobile app will see a prompt to move to Chat. From a report: As for users who use Hangouts in Gmail on the web, Google says it won't start prompting users to make the switch to Chat until July. Hangouts will remain usable on its desktop site until November, and Google says it will warn users "at least one month" in advance before it starts pointing the Hangouts site to Chat. Read more of this story at Slashdot.

FTX Exploring a Deal To Buy Robinhood Published on June 28, 2022 at 02:22AM According to Bloomberg, the cryptocurrency exchange FTX is reportedly considering a deal to acquire digital trading platform Robinhood. From a report: Robinhood has not yet received a formal notice from FTX of any such takeover, the report said, while adding that FTX could ultimately choose not to pursue a purchase. The report of a potential acquisition by FTX comes just over a month after Sam Bankman-Fried, the CEO and founder of FTX, disclosed a 7.6% stake in Robinhood, paying $648 million at the time. As of Monday's close, this position was worth closer to $513 million. In a statement to Yahoo Finance following this report, Bankman-Fried said: "We are excited about Robinhood's business prospects and potential ways we could partner with them, and I have always been impressed by the business that Vlad and his team have built. That being said there are no active M&A conversations with Robinho...

Svelte Origins: a JavaScript Documentary Published on June 28, 2022 at 01:40AM Svelte Origins: The Documentary tells the story of how Svelte came to be, what makes Svelte different, and how it changes the game as a JavaScript framework. From the description of the documentary, which was recommended by several Slashdot readers: Filmed in locations throughout Europe and the US, it features Svelte's creator Rich Harris and members from the core community who contributed to making Svelte what it is today. Svelte Origins was filmed in late 2021, produced by OfferZen and directed by Dewald Brand, with shoots in the USA, the UK, Ireland, Sweden and Germany. Read more of this story at Slashdot.