How To Tame the Tech Titans
Posted by News Fetcher on January 19 '18 at 08:50 PM
By BeauHD from Slashdot's information-is-key department
dryriver shares an opinion piece from The Economist: Not long ago, being the boss of a big Western tech firm was a dream job. As the billions rolled in, so did the plaudits: Google, Facebook, Amazon and others were making the world a better place. Today these companies are accused of being BAADD -- big, anti-competitive, addictive and destructive to democracy. Regulators fine them, politicians grill them and one-time backers warn of their power to cause harm. Much of this techlash is misguided. The presumption that big businesses must necessarily be wicked is plain wrong. Apple is to be admired as the world's most valuable listed company for the simple reason that it makes things people want to buy, even while facing fierce competition. Many online services would be worse if their providers were smaller. Evidence for the link between smartphones and unhappiness is weak. Fake news is not only an online phenomenon. But big tech platforms, particularly Facebook, Google and Amazon, do indeed raise a worry about fair competition. That is partly because they often benefit from legal exemptions. Unlike publishers, Facebook and Google are rarely held responsible for what users do on them; and for years most American buyers on Amazon did not pay sales tax. Nor do the titans simply compete in a market. Increasingly, they are the market itself, providing the infrastructure (or "platforms") for much of the digital economy. Many of their services appear to be free, but users "pay" for them by giving away their data. Powerful though they already are, their huge stockmarket valuations suggest that investors are counting on them to double or even triple in size in the next decade. There is thus a justified fear that the tech titans will use their power to protect and extend their dominance, to the detriment of consumers (see article). The tricky task for policymakers is to restrain them without unduly stifling innovation.Read Replies (0)
By BeauHD from Slashdot's can't-see-the-forest-through-the-trees department
An anonymous reader quotes a report from DSLReports: While the FCC is fortunately backing away from a plan that would have weakened the standard definition of broadband, the agency under Ajit Pai still can't seem to acknowledge the lack of competition in the broadband sector. Or the impact this limited competition has in encouraging higher prices, net neutrality violations, privacy violations, or what's widely agreed to be some of the worst customer service of any industry in America. The Trump FCC had been widely criticized for a plan to weaken the standard definition of broadband from 25 Mbps down, 3 Mbps up, to include any wireless connection capable of 10 Mbps down, 1 Mbps up. Consumer advocates argued the move was a ham-fisted attempt to try and tilt the data to downplay the industry's obvious competitive and coverage shortcomings. They also argued that the plan made no coherent sense, given that wireless broadband is frequently capped, often not available (with carrier maps the FCC relies on falsely over-stating coverage), and significantly more expensive than traditional fixed-line service.
In a statement (pdf), FCC boss Ajit Pai stated the agency would fortunately be backing away from the measure, while acknowledging that frequently capped and expensive wireless isn't a comparable replacement for fixed-line broadband. "The draft report maintains the same benchmark speed for fixed broadband service previously adopted by the Commission: 25 Mbps download/3 Mbps upload," stated Pai. "The draft report also concludes that mobile broadband service is not a full substitute for fixed service. Instead, it notes there are differences between the two technologies, including clear variations in consumer preferences and demands." That's the good news. The bad news: the FCC under Pai's leadership continues to downplay and ignore the lack of competition in the sector, and the high prices and various bad behaviors most people are painfully familiar with.Read Replies (0)
By BeauHD from Slashdot's back-to-the-basics department
sqorbit writes: Nintendo has announced a new experience for its popular Switch game console, called Nintendo Labo. Nintendo Labo lets you interact with the Switch and its Joy-Con controllers by building things with cardboard. Launching on April 20th, Labo will allow you to build things such as a piano and a fishing pole out of cardboard pieces that, once attached to the Switch, provide the user new ways to interact with the device. Nintendo of America's President, Reggie Fils-Aime, states that "Labo is unlike anything we've done before." Nintendo has a history of non-traditional ideas in gaming, sometimes working and sometimes not. Cardboard cuts may attract non-traditional gamers back to the Nintendo platform. While Microsoft and Sony appear to be focused on 4K, graphics and computing power, Nintendo appears focused on producing "fun" gaming experiences, regardless of how cheesy or technologically outdated they me be. Would you buy a Nintendo Labo kit for $69.99 or $79.99? "The 'Variety Kit' features five different games and Toy-Con -- including the RC car, fishing, and piano -- for $69.99," The Verge notes. "The 'Robot Kit,' meanwhile, will be sold separately for $79.99."Read Replies (0)
By BeauHD from Slashdot's right-vs-wrong department
An anonymous reader quotes a report from The Verge: Google CEO Sundar Pichai responded today to the firing of employee James Damore over his controversial memo on workplace diversity, stating that while he does not regret the decision, he regrets that people misunderstood it as a politically motivated event. Speaking in a live conversation with journalist and Recode co-founder Kara Swisher, MSNBC host Ari Melber, and YouTube CEO Susan Wojcicki in San Francisco, Pichai said that the decision to fire Damore was about ensuring women at Google felt like the company was committed to creating a welcoming environment.
"I regret that people misunderstand that we may have made this for a political belief one way or another," Pichai said. "It's important for the women at Google, and all the people at Google, that we want to make a inclusive environment." When pressed by Swisher on the issue of regret, Pichai stated more definitively, "I don't regret it." Wojcicki, who has spoken publicly about how Damore's memo affected her personally, followed up with, "I think it was the right decision."Read Replies (0)
By BeauHD from Slashdot's short-term-vs-long-term-implications department
Computer security professional Bruce Schneier highlights the key findings of a study that suggests security breaches don't affect stock price. The study has been published in the Journal of Information Privacy and Security. From the report: -While the difference in stock price between the sampled breached companies and their peers was negative (1.13%) in the first 3 days following announcement of a breach, by the 14th day the return difference had rebounded to + 0.05%, and on average remained positive through the period assessed.
-For the differences in the breached companies' betas and the beta of their peer sets, the differences in the means of 8 months pre-breach versus post-breach was not meaningful at 90, 180, and 360 day post-breach periods.
-For the differences in the breached companies' beta correlations against the peer indices pre- and post-breach, the difference in the means of the rolling 60 day correlation 8 months pre- breach versus post-breach was not meaningful at 90, 180, and 360 day post-breach periods.
-In regression analysis, use of the number of accessed records, date, data sensitivity, and malicious versus accidental leak as variables failed to yield an R2 greater than 16.15% for response variables of 3, 14, 60, and 90 day return differential, excess beta differential, and rolling beta correlation differential, indicating that the financial impact on breached companies was highly idiosyncratic.
-Based on returns, the most impacted industries at the 3 day post-breach date were U.S. Financial Services, Transportation, and Global Telecom. At the 90 day post-breach date, the three most impacted industries were U.S. Financial Services, U.S. Healthcare, and Global Telecom.Read Replies (0)
By msmash from Slashdot's closer-look department
An anonymous reader shares a report: A survey of 1,700 bug bounty hunters registered on the HackerOne platform reveals that top white-hat hackers make on average 2.7 times more money than the average salary of a software engineer in the same country. The reported numbers are different for each country and may depend on a bug bunter's ability to find bugs, but the survey's results highlight the rising popularity of bug hunting as a sustainable profession, especially in less developed countries, where it can help talented programmers live a financially care-free life. According to HackerOne's report, it pays to be a vulnerability researcher in India, where top bug hunters can make 16 times more compared to the average salary of a software engineer. Other countries where bug hunting can assure someone a comfortable living are Argentina (x15.6), Egypt (x8.1), Hong Kong (x7.6), the Philippines (x5.4), and Latvia (x5.2).Read Replies (0)
By msmash from Slashdot's inside-Apple-CEO's-head department
Tim Cook, speaking at Harlow college in Essex, shared his views on the limits on technology and social media he feels should be imposed on kids. He said: "I don't believe in overuse [of technology]. I'm not a person that says we've achieved success if you're using it all the time," he said. "I don't subscribe to that at all." Even in computer-aided courses, such as graphic design, technology should not dominate, he said. "There are are still concepts that you want to talk about and understand. In a course on literature, do I think you should use technology a lot? Probably not." The 57-year old chief executive, who took the reins at Apple after the death of Steve Jobs in 2011, said the company cared deeply about children outside the classroom. "I don't have a kid, but I have a nephew that I put some boundaries on. There are some things that I won't allow; I don't want them on a social network."Read Replies (0)
By msmash from Slashdot's moving-forward department
A simple-to-take test that tells if you have a tumor lurking, and even where it is in your body, is a lot closer to reality -- and may cost only $500. From a report: The new test, developed at Johns Hopkins University, looks for signs of eight common types of cancer. It requires only a blood sample and may prove inexpensive enough for doctors to give during a routine physical. "The idea is this test would make its way into the public and we could set up screening centers," says Nickolas Papadopoulos, one of the Johns Hopkins researchers behind the test. "That's why it has to be cheap and noninvasive." Although the test isn't commercially available yet, it will be used to screen 50,000 retirement-age women with no history of cancer as part of a $50 million, five-year study with the Geisinger Health System in Pennsylvania, a spokesperson with the insurer said. The test, detailed today in the journal Science, could be a major advance for "liquid biopsy" technology, which aims to detect cancer in the blood before a person feels sick or notices a lump. That's useful because early-stage cancer that hasn't spread can often be cured.Read Replies (0)
By msmash from Slashdot's shape-of-things department
BMW announced this week that the company plans to shift Apple CarPlay infotainment support from a one-time fee to a subscription service. Tim Stevens, writing about the implications of the move for CNET: While GM and other manufacturers happily include Apple's CarPlay service for free even on their most attainable models, BMW and plenty of others have levied upgrade fees to enable CarPlay, or bundled the service inside pricey packages of widgets you may or may not want. That, sadly, is par for this margin-rich golf course, but when we learned this week that BMW would change from a single, up-front fee to an annual fee, in my mind that changed everything. Instead of a one-time, $300 fee, starting on 2019 models BMW will charge $80 annually for the privilege of accessing Apple's otherwise totally free CarPlay service. You do get the first year free, much like your friendly neighborhood dealer of another sort, but after that it's pay up or have your Lightning cable metaphorically snipped. On the surface this is pretty offensive, and it seemed like something must be driving this. The official word from BMW is that this is a change that will save many (perhaps most) BMW owners money. Indeed, the vehicle segments where BMW plays are notorious for short-term leases, and those owning the car for only a few years will save money over that one-time $300. But still, the notion of paying annually for something that's free rubbed me the wrong way. And, based on the feedback we saw from the article, it rubbed a lot of you the wrong way, too.Read Replies (0)
By msmash from Slashdot's to-each-his-own department
Google has officially confirmed the company is shifting its in-house Linux desktop from the Ubuntu-based Goobuntu to a new Linux distro, the DebianTesting-based gLinux. From a report: Margarita Manterola, a Google Engineer, quietly announced Google would move from Ubuntu to Debian-testing for its desktop Linux at DebConf17 in a lightning talk. Manterola explained that Google was moving to gLinux, a rolling release based on Debian Testing. This move isn't as surprising as it first looks. Ubuntu is based on Debian. In addition, Google has long been a strong Debian supporter. In 2017, Debian credited Google for making [sic] "possible our annual conference, and directly supports the progress of Debian and Free Software." Debian Testing is the beta for the next stable version of Debian. With gLinux, that means it's based on the Debian 10 "Buster" test operating system. Google takes each Debian Testing package, rebuilds it, tests it, files and fixes bugs, and once those are resolved, integrates it into the gLinux release candidate. GLinux went into beta on Aug. 16, 2017.Read Replies (0)
By msmash from Slashdot's what's-in-a-name? department
An anonymous reader shares a report: For decades, pilots heading into or out of Wichita Eisenhower National Airport in southeast Kansas have had three runways to choose from: 1L/19R, 1R/19L, and 14/32. Now, at the orders of the FAA, the airport will spend hundreds of thousands of dollars to give itself a makeover. Workers will repaint those huge numbers at the ends of each runway and replace copious signage. Pilots and air traffic controllers will study new reference manuals and approach plates, all updated to reflect an airport whose three runways have been renamed. World, meet 2L/20R, 2R/20L, and 15/33 -- which happen to be the same runways that have been welcoming planes since 1954. This is not a "What's in a name?" situation. The runways may be the same sweet-smelling stretches of tarmac they've always been, but the world around them has changed. Well, the magnetic fields around the world have changed. The planet's magnetic poles -- the points that compasses recognize as north and south -- are always wandering about. That's a problem, because most runways are named for their magnetic headings. Take Wichita's 14/32. First off, because planes can land or take off from either direction, you can think of it as two runways: 14 and 32. (Pro tip: Pilots say "one-four" and "three-two," not 14 and 32.) If you're looking at a compass, one end is about 140 degrees off of north, counting clockwise. For simplicity's sake, the headings are rounded to the nearest five, and dropped to two digits. So if you're looking down at Wichita Eisenhower, runway 14/32 is the one running from the northwest to the southeast.Read Replies (0)