Sony Group said on Tuesday it would invest about $500 million in a joint venture with Taiwan Semiconductor Manufacturing Co that will build a $7 billion chip plant in Japan. From a report: Construction of the factory, which local media said last month would supply semiconductors to Sony's image sensor business, will begin in 2022, with production slated to begin at the end of 2024, the companies said in a press release. The decision marks a success for Japanese industry ministry officials, who want world No.1 contract chipmaker TSMC to build plants to supply chips to Japan's electronic device makers and auto companies as trade frictions between the United States and China threaten to disrupt supply chains and demand for the key component grows.

"The fab (plant) is expected to directly create about 1,500 high-tech professional jobs and to have a monthly production capacity of 45,000 12-inch wafers," Sony and TSMC said. The plant will produce 22-nanometer and 28-nanometer chips to address strong global demand for speciality chip technologies, they said.

While Apple might not offer users a way to pay with cryptocurrency anytime soon, its leader has invested in it personally. From a report: Tim Cook, Apple's chief executive, said at the DealBook Online Summit on Tuesday that he has bought cryptocurrencies. "I think it's reasonable to own it as part of a diversified portfolio," Mr. Cook told DealBook's Andrew Ross Sorkin, quickly adding that he wasn't giving investment advice. He said he has done some research on crypto and has been interested in it for "a while." The revelation came as Mr. Cook said that Apple itself did not intend to join a growing number of big businesses incorporating crypto in their operations. Mr. Cook said, however, that Apple didn't plan to buy any Bitcoin with its roughly $200 billion in cash -- "I don't think people buy Apple stock to get exposure to crypto," he said -- and added that it had no plans to make crypto an accepted method of payment anytime soon. "It's not something we have immediate plans to do," he said. But never say never: Mr. Cook added, cryptically, "There are other things that we are definitely looking at."

General Electric will split into three separate companies in a stunning breakup of the iconic manufacturer founded by Thomas Edison whose sprawling businesses once made it the world's most valuable company. The shares surged. From a report: GE will spin off its health care business in early 2023 and combine its renewable energy, fossil-fuel power and digital units into a single energy-focused entity that will be spun off a year later, the company said Tuesday. The remaining company will consist of GE Aviation, its jet-engine division. "What we're doing today is creating three outstanding investment-grade, global leaders in health care, aviation and energy," Chief Executive Officer Larry Culp said in an interview. "GE has led in these markets for a long time and today we're setting ourselves up for another century of leadership."

The European Commission is planning to ban payment for order flow, paralleling potential U.S. moves to stem a practice that hit the headlines during the meme-stock mania. From a report: A forthcoming review of the Markets in Financial Instruments Directive will include a ban amid other measures to increase transparency, such as a consolidated tape of information about transactions, people familiar with the matter said. The U.S. Securities and Exchange Commission is separately weighing a ban on payment for order flow, in which trading firms pay retail brokerages to execute their trades. Regulators are concerned that video-game like prompts have encouraged excessive trading on app-based brokerages that fueled a explosive surge in value for GameStop Corp. and other stocks this year. While the day-trading frenzy is far more muted in Europe than the U.S., the practice of zero-commission trading is starting to cross the Atlantic. That prompted the bloc's markets watchdog to warn firms and investors in July of the risks arising from payment for order flow.

At its fall 2021 GPU Technology Conference (GTC), Nvidia unveiled Riva Custom Voice, a new toolkit that the company claims can enable customers to create custom, "human-like" voices with only 30 minutes of speech recording data. From a report: According to Nvidia, businesses can use Riva Custom Voice to develop a virtual assistant with a unique voice, while call centers and developers can leverage it to launch brand voices and apps to support people with speech and language disabilities. Brand voices like Progressive's Flo are often tasked with recording phone trees and elearning scripts in corporate training video series. For companies, the costs can add up -- one source pegs the average hourly rate for voice actors at $39.63, plus additional fees for interactive voice response (IVR) prompts. Synthesization could boost actors' productivity by cutting down on the need for additional recordings, potentially freeing the actors up to pursue more creative work -- and saving businesses money in the process. For example, Progressive used AI to create a Facebook Messenger chatbot with the voice of Stephanie Courtney, who plays Flo. KFC in Canada built a voice in a Southern U.S. English accent for the chain's ambassador, Colonel Sanders, in the company's Amazon Alexa app. Duolingo is employing AI to create voices for characters in its language learning apps. And National Australia Bank has deployed an AI-powered Australian English voice for the customers who call into its contact centers.

An anonymous reader quotes a report from Wired: Advocates for the blind are fighting an endless battle to access ebooks that sighted people take for granted, working against copyright law that gives significant protections to corporate powers and publishers who don't cater to their needs. For the past year, they've once again undergone a lengthy petitioning process to earn a critical exemption to the 1998 Digital Millennium Copyright Act that provides legal cover for people to create accessible versions of ebooks. Baked into Section 1201 of the DMCA is a triennial process through which the Library of Congress considers exceptions to rules that are intended to protect copyright owners. Since 2002, groups advocating for the blind have put together lengthy documents asking for exemptions that allow copy protections on ebooks to be circumvented for the sake of accessibility. Every three years, they must repeat the process, like Sisyphus rolling his stone up the hill.

On Wednesday, the US Copyright Office released a report (PDF) recommending the Librarian of Congress once again grant the three-year exemption; it will do so in a final rule (PDF) that takes effect on Thursday. The victory is tainted somewhat by the struggle it represents. Although the exemption protects people who circumvent digital copyright protections for the sake of accessibility -- by using third-party programs to lift text and save it in a different file format, for example -- that it's even necessary strikes many as a fundamental injustice.

Publishers have no obligation to make electronic versions of their books accessible to the blind through features like text-to-speech (TTS), which reads aloud onscreen text and is available on whichever device you're reading this article. More than a decade ago, publishers fought Amazon for enabling a TTS feature by default on its Kindle 2 ereader, arguing that it violated their copyright on audiobooks. Now, publishers enable or disable TTS on individual books themselves. Even as TTS has become more common, there's no guarantee that a blind person will be able to enjoy a given novel from Amazon's Kindle storefront, or a textbook or manual. That's why the exemption is so important -- and why advocates do the work over and over again to secure it from the Library of Congress. It's a time-consuming and expensive process that many would rather do away with.

"[N]ow, after SCO went bankrupt; court after court dismissing SCO's crazy copyright claims; and closing in on 20-years into the saga, the U.S. District Court of Utah has finally put a period to the SCO vs. IBM lawsuit," writes ZDNet's Steven J. Vaughan-Nichols. From the report: According to the Court, since: "All claims and counterclaims in this matter, whether alleged or not alleged, pleaded or not pleaded, have been settled, compromised, and resolved in full, and for good cause appearing, IT IS HEREBY ORDERED that the parties' Motion is GRANTED. All claims and counterclaims in this action, whether alleged or not alleged, pleaded or not pleaded, have been settled, compromised, and resolved in full, and are DISMISSED with prejudice and on the merits. The parties shall bear their own respective costs and expenses, including attorneys' fees. The Clerk is directed to close the action." Finally!

Earlier, the US Bankruptcy Court for the District of Delaware, which has been overseeing SCO's bankruptcy had announced that the TSG Group, which represents SCO's debtors, has settled with IBM and resolved all the remaining claims between TSG and IBM: "Under the Settlement Agreement, the Parties have agreed to resolve all disputes between them for a payment to the Trustee [TLD], on behalf of the Estates [IBM], of $14,250,000." In return, TLD gives up all rights and interests in all litigation claims pending or that may be asserted in the future against IBM and Red Hat, and any allegations that Linux violates SCO's Unix intellectual property. "While we're one step closer, the SCO lawsuits still live on just like one of those Halloween monsters that just won't die," concludes Vaughan-Nichols, noting the lawsuit Xinuos filed against IBM and Red Hat in March for allegedly copying their software code for its server operating systems. "But, in this go-around, there aren't many people in the audience."

In yet another shift away from its traditional hardware business, Huawei has sold its x86 server unit to a state-owned Chinese firm. Light Reading reports: China company registration data confirms that the sale to Henan Information Industry Investment Co. Ltd., owned by the Henan provincial government, concluded on November 5. The size of the transaction has not been disclosed. Huawei's server business, like its once high-flying handset division, has been hit badly by US sanctions, which prevent it from obtaining the Intel chips that power 90% of the world's servers. The vendor flagged the possibility of a sale at a company event six weeks ago. Eric Xu, one of Huawei's three co-chairmen, acknowledged the server unit had "encountered difficulties" and said Huawei was in discussions with some potential investors.

An anonymous reader quotes a report from Bloomberg: Unsealed emails reveal the role baby-powder maker Johnson & Johnson played in a report that an industry group submitted to U.S. regulators deciding whether to keep warnings off talc-based products linked to cancer. The emails -- unsealed in the state of Mississippi's lawsuit against J&J over its refusal to add a safety warning -- show J&J and its talc supplier chose the scientists hired by their trade association, the Personal Care Products Council, to write the 2009 report assessing talc-based powders' health risks. They also show the researchers changed the final version of their report at the companies' behest. The U.S. Food and Drug Administration said it relied in part on the report in its decision to forgo a warning for the product.

The emails among executives of J&J and Rio Tinto Minerals, its supplier at the time, provide a behind-the-scenes glimpse of dealings between companies and their industry group that successfully fended off a cancer warning on talc-based powders for nearly 40 years. Now, almost 39,000 users and their families are suing J&J, most claiming their ovarian cancers and those of loved ones were linked to asbestos, the potent carcinogen in the products pulled from U.S. and Canadian shelves in May 2020. Dependence on industry data creates a situation that's ripe for lobbyists to exert pressure on the FDA. The unsealed emails pull back the curtain on how such efforts get launched, who pays for them, and who has a hand in delivering the final product to regulators.

While the practice of companies having a say in industry group submissions to the FDA isn't new or illegal, the emails reveal just how involved J&J got in a report meant to assess product safety -- down to selecting individual scientists to produce it and having them write an executive summary. J&J denied any wrongdoing in its decision not to acknowledge its input to the report that the PCPC lobbying group sent to the FDA. [...] FDA officials acknowledged they weighed the PCPC's response to the citizens' petitions demanding a warning for talc-based powders before finding there was "inconclusive evidence" the mineral caused ovarian and other forms of cancer. "The FDA reviewed and considered all of the information submitted to us in the two petitions, the comments received in response to the petitions, and additional scientific information," said Tara Rabin, a spokeswoman.

Japan will create a scheme to subsidize construction of domestic chip factories with a new plant planned by Taiwan's TSMC likely to be the first recipient, the Nikkei newspaper reported on Monday. Reuters reports: The government will set aside several hundreds of billion yen under this year's supplementary budget to create a pool of funds at NEDO, a state-run body promoting research and development on energy and industrial technology, the paper said. Companies will be eligible for the subsidies on condition they ramp up chip production in times of short supply, the Nikkei said without citing sources.

The government is likely to subsidise up to half of TSMC's estimated 1-trillion-yen ($8.82 billion) investment for building a chip plant in Kumamoto, southern Japan, the Nikkei said. The plant in Kumamoto, southern Japan, is expected to produce semiconductors for automobiles, camera image sensors and other products which have been hit by a global chip shortage, and is likely to start operations by 2024, the paper said.

On Friday, a transparency activist group known as Distributed Denial of Secrets (DDoSecrets) posted a 1.8-terabyte trove of police helicopter footage to its website. "DDoSecrets cofounder Emma Best says that her group doesn't know the identity of the source who shared the data and that no affiliation or motivation for leaking the files was given," reports Wired. "The source simply said that the two police departments were storing the data in unsecured cloud infrastructure." Techdirt reports: The DDoS release shows law enforcement agencies aren't just deploying choppers to keep an eye on suspects in motion. They're also using them to engage in extended surveillance of people suspected of nothing, hovering over large gatherings and deploying infrared cameras to peer inside of buildings just for the fuck of it. Putting your stuff in the cloud means opening up additional attack vectors for those seeking your secrets. That appears to be the root source of this new leak. What a time to be alive!

New submitter Computershack shares a report from the BBC: A global police operation has dealt a devastating blow to one of the most prolific cyber-crime gangs in history. The co-ordinated action against the REvil gang was announced on Monday by Romanian police, the US Department of Justice (DOJ) and Europol. The raid, which took place both on and offline, led to the arrests of two alleged hackers in Romania and one accused cyber-criminal from Ukraine. REvil has been blamed for major hacks on global businesses in recent years. The US also announced that it had successfully retrieved more than $6 million in cryptocurrency from the gang in a so-called 'claw back' hacking operation.

An anonymous reader quotes a report from The Register: US-based Nvidia partner EVGA has reported that a shipment of GPUs it was sending to a distribution centre has been stolen from a truck. A forum post by EVGA product manager Jacob Freeman states "PLEASE TAKE NOTICE that on October 29, 2021, a shipment of EVGA GeForce RTX 30-Series Graphics Cards was stolen from a truck en route from San Francisco to our Southern California distribution center."

"These graphics cards are in high demand and each has an estimated retail value starting at $329.99 up to $1959.99 MSRP." Which probably explains the motivation for the crime -- either someone hopes to resell them or a crypto-miner has just built a cut-price rig. Freeman's post doesn't say how many GPUs were stolen, or if the truck was carrying anything else. He did, however, warn that buying stolen property is a crime, as is "concealing selling or withholding" purloined goods. He then appears to lay a trap of sorts by pointing out that attempts to register products that aren't stolen will succeed on this page which requires registration. Crooks are probably smart enough to use fake details when registering. Are they also smart enough to use a VPN and/or Tor to hide their tracks? EVGA has created the email address stopRTX30theft@evga.com in an attempt to find the culprits.

Alphabet, Google's parent company, briefly hit a market cap of $2 trillion. The Verge reports: The tech behemoth's market cap is currently at a comfortable $1.98 trillion, but crept over the $2 trillion mark midday Monday, later closing out at $2,987.03 per share. Alphabet's market cap has just about doubled from $1 trillion since January 2020. [...] Alphabet nearly joined Apple and Microsoft as one of three US-based companies that are part of the exclusive $2 trillion club.

Robinhoood was hacked last week by someone who socially engineered a customer service representative to gain access to the email addresses of more than 5 million customers, the full names of 2 million other customers, and other data from a much smaller group of customers, the company said in a blog post published Monday. The hacker then allegedly attempted to extort the company. Motherboard reports: "The unauthorized party socially engineered a customer support employee by phone and obtained access to certain customer support systems," Robinhood wrote in the blog post. "At this time, we understand that the unauthorized party obtained a list of email addresses for approximately five million people, and full names for a different group of approximately two million people."

"We also believe that for a more limited number of people -- approximately 310 in total -- additional personal information, including name, date of birth, and zip code, was exposed, with a subset of approximately 10 customers having more extensive account details revealed," it added. "We are in the process of making appropriate disclosures to affected people." Robinhood wrote that "the attack has been contained and we believe that no Social Security numbers, bank account numbers, or debit card numbers were exposed and that there has been no financial loss to any customers as a result of the incident.â