By msmash from Slashdot's closer-look department
An anonymous reader shares a report: Late last year, the CEO of Intel sold millions of dollars in company stock, as CEOs often do. The sale appears to have occurred while developers were reportedly rushing to fix a major security flaw affecting Intel processors made in the last decade. According to a report published by the Register this week, "a fundamental design flaw in Intel's processor chips has forced a significant redesign of the Linux and Windows kernels to defang the chip-level security bug." Windows and Linux developers have reportedly been working to address the issue since November. As our friends at Gizmodo ES pointed out, Intel's CEO Brian Krzanich sold roughly $11 million in company stock at the end of November. Counting the employee stock options Krzanich exercised, the CEO unloaded 245,743 shares, leaving him with 250,000 remaining shares -- the minimum Krzanich is required to own according to the company's bylaws, the Motley Fool reported. To be clear, this isn't proof of some insider-trading conspiracy. Contacted by Gizmodo, an Intel spokesperson called the sale "unrelated," and said it "was made pursuant to a pre-arranged stock sale plan (10b5-1) with an automated sale schedule."Read Replies (0)
By BeauHD from Slashdot's over-the-air department
Asus' new AiMesh system lets you repurpose your existing Asus routers as part of a mesh network, potentially saving you lots of money since you won't have to replace your whole network with a bunch of new devices. The Verge reports: For now, the mesh support is coming to a few routers today in beta, including the ASUS RT-AC68U, RT-AC1900P, RT-AC86U, RT-AC5300, and the ROG Rapture GT-AC5300, with additional support planned for the RT-AC88U and RT-AC3100 later this year. The setup looks pretty simple, too. Once your main router is set up and updated to the latest firmware, just take your other routers that are going to be the mesh nodes, plug them in near the main router, and run a factory reset, after which they'll automatically pop up in the Asus Router app to add to your mesh.Read Replies (0)
By BeauHD from Slashdot's full-steam-ahead department
Last night, the city council in Fort Collins, Colorado, voted to move ahead with a municipal fiber broadband network providing gigabit speeds, two months after the cable industry failed to stop the project. Ars Technica reports: Last night's city council vote came after residents of Fort Collins approved a ballot question that authorized the city to build a broadband network. The ballot question, passed in November, didn't guarantee that the network would be built because city council approval was still required, but that hurdle is now cleared. Residents approved the ballot question despite an anti-municipal broadband lobbying campaign backed by groups funded by Comcast and CenturyLink. The Fort Collins City Council voted 7-0 to approve the broadband-related measures, a city government spokesperson confirmed to Ars today.
While the Federal Communications Commission has voted to eliminate the nation's net neutrality rules, the municipal broadband network will be neutral and without data caps. "The network will deliver a 'net-neutral' competitive unfettered data offering that does not impose caps or usage limits on one use of data over another (i.e., does not limit streaming or charge rates based on type of use)," a new planning document says. "All application providers (data, voice, video, cloud services) are equally able to provide their services, and consumers' access to advanced data opens up the marketplace." The city will also be developing policies to protect consumers' privacy. The city intends to provide gigabit service for $70 a month or less and a cheaper Internet tier.Read Replies (0)
By BeauHD from Slashdot's handy-measurements department
An anonymous reader quotes a report from TechCrunch: The feature is arriving later this month on the iRobot app, making it possible for WiFi-enabled Roombas to create a map of indoor signals. The map exists alongside the existing Clean Map feature, letting users toggle between the two, like they would, say, satellite and standard imagery in Google Maps. The maps themselves won't go into too much detail -- no upload and download speeds like you see on many mobile speed test apps. Instead, the information will show up as decibel readings. Really, it's intended as a handy way of showing off where you might want to toss a range extender, to help get rid of dead spots. All of Roomba's vacuums, save for the lowest-end model, will support the feature. The beta program launches January 23rd and appears to only be available for U.S. users.Read Replies (0)
By BeauHD from Slashdot's location-services department
chicksdaddy quotes a report from The Security Ledger: Security researchers say that serious security vulnerabilities linger in GPS software by the China-based firm ThinkRace more than two years after the hole was discovered and reported to the firm, The Security Ledger reports. Data including a GPS enabled device's location, serial number, assigned phone number and model and type of device can be accessed by any user with access to the GPS service. In some cases, other information is available including the device's location history going back 1 week. In some cases, malicious actors could also send commands to the device via SMS including those used to activate or deactivate GEO fencing alarms features, such as those used on child-tracking devices.
The vulnerabilities affect hundreds of thousands of connected devices that use the GPS services, from smart watches, to vehicle GPS trackers, fitness trackers, pet trackers and more. At issue are security holes in back-end GPS tracking services that go by names like amber360.com, kiddo-track.com, carzongps.com and tourrun.net, according to Michael Gruhn, an independent security researcher who noted the insecure behavior in a location tracker he acquired and has helped raise awareness of the widespread flaws. Working with researcher Vangelis Stykas, Gruhn discovered scores of seemingly identical GPS services, many of which have little security, allowing low-skill hackers to directly access data on GPS tracking devices.
< article continued at Slashdot's location-services department
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Spotify Files To Go Public
Posted by News Fetcher on January 03 '18 at 02:12 PM
By BeauHD from Slashdot's initial-public-offering department
According to Bloomberg, Spotify filed to go public on the New York Stock Exchange, "in the highest-profile test yet of a technique that lets companies list shares without raising money through a traditional stock offering." From the report: With steady cash from more than 60 million paying subscribers, the world's largest paid music-streaming service doesn't need more funding. Instead of an initial public offering, it's trying a direct listing, which essentially lets private stakeholders start trading their shares on a public exchange. That avoids underwriting fees and restrictions on stock sales by current owners, and doesn't dilute the holdings of executives and investors. Spotify, which has been valued at about $15 billion, would be the most prominent company by far to attempt a direct listing, a method that until now has been used by small issuers and real estate investment trusts. It would also be a first for the New York Stock Exchange, which has sought permission from the Securities & Exchange Commission to change its rules for the occasion.Read Replies (0)
By BeauHD from Slashdot's slow-and-steady department
schwit1 shares a report from U.S. News & World Report: In October, Tesla reported that it produced 220 Model 3 vehicles in the third quarter. CEO Elon Musk had previously said the company would produce more than 1,600 Model 3s by September. Loup Ventures analyst Gene Munster isn't the only analyst to doubt Tesla's fourth-quarter Model 3 production. KeyBanc analyst Brad Erickson reduced his fourth-quarter Model 3 production target by two-thirds, cutting it from 15,000 to only 5,000. According to Munster, Tesla investors may need to wait several more quarters for the Model 3 story to play out. "We predict a breakout year for the Model 3 in 2019 which means, until then, other elements like solid Model S and X production numbers, increasing energy deployments like the South Australia installation, and future vehicles (Roadster, Semi, Model Y, and pickup truck) will stoke investor optimism," he says.
schwit1 adds: "Elon Musk promised Tesla would produce 500,000 Model 3 sedans in 2018 and has accepted refundable $1,000 deposits on nearly that many. At current production rates, it will be years before pre-orders are filled. The Model 3's good will and good reviews won't matter much if Tesla can't ramp up production, which even bulls like Munster believes is running at least a year late."Read Replies (0)
By msmash from Slashdot's check-mate department
Last month, a notification that YouTube would no longer be available through Fire TV and Fire TV Stick devices starting Jan. 1 popped up, threatening to leave a huge hole in Amazon's streaming lineup. But just last week, Amazon added the ability to surf the web and get to YouTube via a browser. But does it work? GeekWire thinks so: The result is a simple path to YouTube, circumventing Google's move to pull it from Fire TV. Web browsing probably wasn't a direct response to Amazon's issues with Google, which owns YouTube, but it provides a convenient alternative to keep the service accessible for Fire TV users. The first step is downloading one or both of the web browsers. Opening Firefox leads to this home screen with easy access tiles to both Google and YouTube. On Silk, the home screen defaults to Bing search. But as I poked around, I noticed that YouTube for TV showed up in my bookmarks even though this was the first time I opened the browser. A YouTube interface optimized for TV, the same one you would see on other streaming devices, pops up on both browsers. To sign in, YouTube prompted me to activate YouTube for TV through a phone or computer. Once that process was complete, YouTube showed the same personalized recommendations as my phone and computer.Read Replies (0)
By msmash from Slashdot's take-note department
A new study, published on Wednesday, states that drinking alcohol produces a harmful chemical in the body which can lead to permanent genetic damage in the DNA of stem cells, increasing the risk of cancer developing. From a report: The research, using genetically modified mice, provides the most compelling evidence to date that alcohol causes cancer by scrambling the DNA in cells, eventually leading to deadly mutations. During the past decade, there has been mounting evidence of the link between drinking and the risk of certain cancers. "How exactly alcohol causes damage to us is controversial," said Prof Ketan Patel, who led the work at the MRC Laboratory of Molecular Biology in Cambridge. "This paper provides very strong evidence that an alcohol metabolite causes DNA damage [including] to the all-important stem cells that go on to make tissues." The study builds on previous work that had pinpointed a breakdown product of alcohol, called acetaldehyde, as a toxin that can damage the DNA within cells. However, these earlier studies had relied on extremely high concentrations of acetaldehyde and used cells in a dish rather than tracking its effects within the body.Read Replies (0)
By msmash from Slashdot's road-ahead department
A first-of-its kind genetic treatment for blindness will cost $850,000, less than the $1 million price tag that had been expected, but still among the most expensive medicines in the world. Several readers have shared an Associated Press report: Spark Therapeutics said Wednesday it decided on the lower price for Luxturna (Lux-turn-a) after hearing concerns from health insurers about their ability to cover the injectable treatment. Consternation over skyrocketing drug prices, especially in the U.S., has led to intense scrutiny from patients, Congress, insurers and hospitals. "We wanted to balance the value and the affordability concerns with a responsible price that would ensure access to patients," said CEO Jeffrey Marrazzo, in an interview with The Associated Press. Luxturna is still significantly more expensive than nearly every other medicine on the global market, including two other gene therapies approved earlier last year in the U.S. Approved last month, Luxturna, is the nation's first gene therapy for an inherited disease. It can improve the vision of those with a rare form of blindness that is estimated to affect just a few thousand people in the U.S. Luxturna is an injection -- one for each eye -- that replaces a defective gene in the retina, tissue at the back of the eye that converts light into electric signals that produce vision. The therapy will cost $425,000 per injection.Read Replies (0)