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NYSE To Delist Chinese Telco Giants on US Executive Order

Posted: 31 Dec 2020 06:30 PM PST

The New York Stock Exchange said it will delist three Chinese companies to comply with a U.S. executive order that imposed restrictions on companies that were identified as affiliated with the Chinese military. From a report: China Mobile, China Telecom, China Unicom Hong Kong will be delisted between Jan. 7 and Jan. 11, according to a statement by the exchange.

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Alphabet Unit Wing Blasts New US Drone ID Rule, Citing Privacy

Posted: 31 Dec 2020 05:38 PM PST

Alphabet's drone delivery unit Wing criticized Trump administration rules issued this week mandating broadcast-based remote identification of drones, saying they should be revised to allow for internet-based tracking. From a report: On Monday, the Federal Aviation Administration (FAA) issued rules that will allow small drones to fly over people and at night in the United States and mandate remote identification technology for nearly all drones. The rules eliminate requirements that drones, known formally as unmanned aerial vehicles, be connected to the internet to transmit location data but requires them to broadcast remote ID messages via radio frequency broadcast. "This approach creates barriers to compliance and will have unintended negative privacy impacts for businesses and consumers," Wing said Thursday in a blog post, adding "an observer tracking a drone can infer sensitive information about specific users, including where they visit, spend time, and live and where customers receive packages from and when." Wing added that "American communities would not accept this type of surveillance of their deliveries or taxi trips on the road. They should not accept it in the sky."

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Trade-in Site Gazelle is Ending Trade-ins

Posted: 31 Dec 2020 02:00 PM PST

Gazelle, one of the longest-running used smartphone buyers in the US, has announced the end of its core trade-in program, which let phone owners mail in phones and other electronics devices in exchange for cash. From a report: The news, revealed in an email Gazelle sent to some customers this week, means any prospective Gazelle customers will have to receive a quote and initiate the trade-in process by January 31st, 2021 (allowing 30 days to mail in the phone) if they want to take advantage of the program. The service will shut down officially on February 1st, while any active trade-ins will be honored, the company says.

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T-Mobile Data Breach Exposed Phone Numbers, Call Records

Posted: 31 Dec 2020 01:00 PM PST

T-Mobile has announced a data breach exposing customers' proprietary network information (CPNI), including phone numbers and call records. From a report: Starting this week, T-Mobile began texting customers that a "security incident" exposed their account's information. According to T-Mobile, its security team recently discovered "malicious, unauthorized access" to their systems. After bringing in a cybersecurity firm to perform an investigation, T-Mobile found that threat actors gained access to the telecommunications information generated by customers, known as CPNI. The information exposed in this breach includes phone numbers, call records, and the number of lines on an account.

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Microsoft Says SolarWinds Hackers Viewed Source Code

Posted: 31 Dec 2020 12:00 PM PST

The hackers who carried out a sophisticated cyberattack on government agencies in the US and private companies were able to access Microsoft's source code, the company said Thursday. From a report: A Microsoft investigation turned up "unusual activity with a small number of internal accounts" and that "one account had been used to view source code in a number of source code repositories," the company said in a blog post. Microsoft said the account didn't have the ability to modify code and that no company services or customer data was put at risk. "The investigation, which is ongoing, has also found no indications that our systems were used to attack others," the company said.

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Ten-Year Long Study Confirms No Link Between Playing Violent Video Games as Early as Ten Years Old and Aggressive Behavior Later in Life

Posted: 31 Dec 2020 11:00 AM PST

An anonymous reader shares a report: A ten-year longitudinal study published in the Journal of Cyberpsychology, Behavior, and Social Networking on a group in early adolescence from as young as ten years old, investigated how playing violent video games at an early age would translate into adulthood behavior (23 years of age). Titled "Growing Up with Grand Theft Auto: A 10-Year Study of Longitudinal Growth of Violent Video Game Play in Adolescents" the study found no correlation between growing up playing video games and increased levels of aggression ten years later. This particular study utilized a more contemporary approach for analyzing its data, known as the person-centered approach. Traditional studies use a variable-centered approach whereby researchers treat each variable, or characteristic, as related to another variable. An example would be that exercising is related to a reduced incidence of heart disease. This has been particularly valuable when comparing groups. In a person-centered approach researchers combine various algorithms across variables to determine how these variables compare among individuals. This approach provides a more accurate depiction of how variables relate to the individual.

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Apple Took Three Years to Cut Ties With Supplier That Used Underage Labor

Posted: 31 Dec 2020 10:00 AM PST

An anonymous reader shares a report [the story is behind a paywall; alternative source]: Seven years ago, Apple made a staggering discovery: Among the employees at a factory in China that made most of the computer ports used in its MacBooks were two 15-year-olds. Apple told the manufacturer, Suyin Electronics, that it wouldn't get any new business until it improved employee screening to ensure no more people under 16 years of age got hired. Suyin pledged to do so, but an audit by Apple three months later found three more underage workers, including a 14-year-old. Apple, which has promised to ban suppliers that repeatedly use underage workers, stopped giving Suyin new business because of the violations. But it took Apple more than three years to fully cut its ties with Suyin, which continued to make HDMI, USB and other ports for older MacBooks under previous contracts. A person close to Suyin, which is headquartered in Taiwan, said that the company hadn't intentionally hired underage workers and that it had passed Apple's audits in later years. Apple no longer does business with Suyin. But the previously unreported episode, drawn from documents reviewed by The Information and interviews with people who have direct knowledge of Apple's dealings with Suyin, is a stark example of the dilemmas Apple faces in fulfilling its pledges to put workers first and not use manufacturers that consistently violate labor laws. And it demonstrates the fine line Apple has to walk in balancing the need to maximize profits with the expectation that it will prioritize good working conditions for its own employees and its suppliers'. [...] In interviews, 10 former members of Apple's supplier responsibility team -- the unit in charge of monitoring manufacturing partners for violations of labor, environmental and safety rules -- claimed that Apple avoided or delayed cutting ties with offenders when doing so would hurt its business. For example, the former team members said, Apple continued working with some suppliers that refused to implement safety suggestions or that consistently violated labor laws.

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Mitsubishi Heavy To Build Biggest Zero-Carbon Steel Plant

Posted: 31 Dec 2020 09:00 AM PST

Japan's Mitsubishi Heavy Industries will soon complete in Austria the world's largest steel plant capable of attaining net-zero carbon dioxide emissions. Mitsubishi Heavy, through a British unit, is constructing the pilot plant at a complex of Austrian steelmaker Voestalpine. Trial operation is slated to begin in 2021. From a report: The plant will use hydrogen instead of coal in the reduction process for iron ore. The next-generation equipment will produce 250,000 tons of steel product a year. The global steel industry generated about 2 billion tons of CO2 in 2018, according to the International Energy Agency -- double the volume in 2000. The steel sector's share among all industries grew 5 percentage points to 25%. Iron ore reduction accounts for much of the CO2 emissions in steelmaking. Japanese steelmakers including Nippon Steel are developing hydrogen-consuming reduction processes based on the conventional blast furnace design. Mitsubishi Heavy's plant adopts a process called direct reduced iron, or DRI. New blast furnaces require trillions of yen (1 trillion yen equals $9.6 billion) in investment. Although DRI equipment produces less steel, the investment is estimated at less than half of blast furnaces. For DRI to attain the same level of cost-competitiveness as blast furnaces, low-cost hydrogen will be key. Market costs for hydrogen now stand at around 100 yen per normal cu. meter, estimates the Ministry of Economy, Trade and Industry.

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'Companies Are Fleeing California. Blame Bad Government.'

Posted: 31 Dec 2020 08:00 AM PST

Bloomberg Editorial Board: Amid raging wildfires, rolling blackouts and a worsening coronavirus outbreak, it has not been a great year for California. Unfortunately, the state is also reeling from a manmade disaster: an exodus of thriving companies to other states. In just the past few months, Hewlett Packard Enterprise said it was leaving for Houston. Oracle said it would decamp for Austin. Palantir, Charles Schwab and McKesson are all bound for greener pastures. No less an information-age avatar than Elon Musk has had enough. He thinks regulators have grown "complacent" and "entitled" about the state's world-class tech companies. No doubt, he has a point. Silicon Valley's high-tech cluster has been the envy of the world for decades, but there's nothing inevitable about its success. As many cities have found in recent years, building such agglomerations is exceedingly hard, as much art as science. Low taxes, modest regulation, sound infrastructure and good education systems all help, but aren't always sufficient. Once squandered, moreover, such dynamism can't easily be revived. With competition rising across the U.S., the area's policy makers need to recognize the dangers ahead. In recent years, San Francisco has seemed to be begging for companies to leave. In addition to familiar failures of governance -- widespread homelessness, inadequate transit, soaring property crime -- it has also imposed more idiosyncratic hindrances. Far from welcoming experimentation, it has sought to undermine or stamp out home-rental services, food-delivery apps, ride-hailing firms, electric-scooter companies, facial-recognition technology, delivery robots and more, even as the pioneers in each of those fields attempted to set up shop in the city. It tried to ban corporate cafeterias -- a major tech-industry perk -- on the not-so-sound theory that this would protect local restaurants. It created an "Office of Emerging Technology" that will only grant permission to test new products if they're deemed, in a city bureaucrat's view, to provide a "net common good." Whatever the merits of such meddling, it's hardly a formula for unbounded inventiveness. These two traits -- poor governance and animosity toward business -- have collided calamitously with respect to the city's housing market. Even as officials offered tax breaks for tech companies to headquarter themselves downtown, they mostly refused to lift residential height limits, modify zoning rules or allow significant new construction to accommodate the influx of new workers. They then expressed shock that rents and home prices were soaring -- and blamed the tech companies. California's legislature has only made matters worse. A bill it enacted in 2019, ostensibly intended to protect gig workers, threatened to undo the business models of some of the state's biggest tech companies until voters granted them a reprieve in a November referendum. A new privacy law has imposed immense compliance burdens -- amounting to as much as 1.8% of state output in 2018 -- while conferring almost no consumer benefits. An 8.8% state corporate tax rate and 13.3% top income-tax rate (the nation's highest) haven't helped.

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The ESPN+ Annual Subscription is Going Up by $10

Posted: 31 Dec 2020 07:00 AM PST

For the first time since the service arrived in April 2018, the ESPN+ annual plan is getting a price increase. From January 8th, it'll cost new members $59.99 instead of $49.99. Existing annual subscribers will have until at least March 2nd to renew their plan for $50. From a report: The monthly plan went up by $1 to $5.99 in August, so opting for an annual subscription instead of going month-to-month will save you $12 over a year. Of course, you'll save more if you lock in an annual plan before the increase.

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CISA Updates SolarWinds Guidance, Tells US Govt Agencies To Update Right Away

Posted: 31 Dec 2020 06:00 AM PST

The US Cybersecurity and Infrastructure Security Agency has updated its official guidance for dealing with the fallout from the SolarWinds supply chain attack. From a report: In an update posted late last night, CISA said that all US government agencies that still run SolarWinds Orion platforms must update to the latest 2020.2.1HF2 version by the end of the year. Agencies that can't update by that deadline are to take all Orion systems offline, per CISA's original guidance, first issued on December 18. The guidance update comes after security researchers uncovered a new major vulnerability in the SolarWinds Orion app over the Christmas holiday. Tracked as CVE-2020-10148, this vulnerability is an authentication bypass in the Orion API that allows attackers to execute remote code on Orion installations. This vulnerability was being exploited in the wild to install the Supernova malware on servers where the Orion platform was installed, in attacks separate from the SolarWinds supply chain incident.

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Adobe Now Shows Alerts in Windows 10 To Uninstall Flash Player

Posted: 31 Dec 2020 03:30 AM PST

With the Flash Player officially reaching the end of life tomorrow, Adobe has started to display alerts on Windows computers recommending that users uninstall Flash Player. From a report: When Flash Player is installed, it creates a scheduled task named 'Adobe Flash Player PPAPI Notifier' that executes the following command: "C:\Windows\SysWOW64\Macromed\Flash\FlashUtil32_32_0_0_465_pepper.exe" -update pepperplugin. When this command is executed, it is now displaying an alert thanking users for using Adobe Flash Player and then recommending that they uninstall the program due to its looming end of life. Further reading: Adobe Flash is about to die, but classic Flash games will live on.

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Most-Played Song of 2020? For Many It's White Noise

Posted: 31 Dec 2020 01:00 AM PST

An anonymous reader shares a report: In an average year, Spotify Wrapped is a sharing-optimized novelty hinging on nostalgia for a time that's barely passed. But in 2020, this data mirror instead presented many users with unexpected empirical evidence of their pandemic coping mechanisms: a strange hit parade of ambient music, background noise and calming sound effects that soothed them through an unusually anxious and sleepless time. While thousands of users posted in disbelief about their stress-inflected results, the situation made sense to Liz Pelly, a cultural critic who has written extensively about how Spotify and its competitors work to shape our listening habits. "It says a lot about the ways that corporate streaming services have ingrained themselves into our lives and facilitated music listening becoming more of a background experience," she said. [...] The findings of some forthcoming research about pandemic coping mechanisms suggest ambient listening may be part of a larger pattern. Pablo Ripolles, a professor at New York University who studies music and the brain, was part of an international team of researchers that surveyed lockdown habits in Italy, Spain and the United States. Of 43 activities mentioned in a survey the team conducted, like cooking, prayer, exercise and sex, listening to or playing music had one of the biggest increases in engagement during lockdown, as well as the highest number of respondents who said it was the activity that helped them the most.

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Ticketmaster Pays $10 Million Criminal Fine for Invading Rival's Computers

Posted: 30 Dec 2020 10:00 PM PST

Ticketmaster will pay a $10 million criminal fine to avoid prosecution on U.S. charges it repeatedly accessed the computer systems of a rival whose assets its parent Live Nation Entertainment Inc later purchased. From a report: The fine is part of a three-year deferred prosecution agreement between Ticketmaster and the U.S. Department of Justice, which was disclosed at a Wednesday hearing before U.S. District Judge Margo Brodie in Brooklyn federal court. Ticketmaster's agreement resolves five criminal counts including wire fraud, conspiracy and computer intrusion. It also requires the Beverly Hills, California-based company to maintain compliance and ethics procedures designed to detect and prevent computer-related theft. Ticketmaster primarily sells and distributes tickets to concerts and other events. Prosecutors said that from August 2013 to December 2015, Ticketmaster employees used stolen passwords to repeatedly access computers belonging to its rival to obtain confidential business information. The rival, Songkick, specialized in artist presales, in which some tickets -- often around 8% -- are set aside for fans before general ticket sales begin, in part to foil scalpers.

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