Celsius Network CEO Alex Mashinsky built his cryptocurrency lender into a giant on a pitch that it was less risky than a bank with better returns for customers. But investor documents show the lender carried far more risk than a traditional bank. From a report: The lender issued numerous large loans backed by little collateral, according to Celsius investor documents from 2021 reviewed by The Wall Street Journal. The documents show that Celsius had little cushion in the event of a downturn, and made investments that would be difficult to quickly unwind if customers raced to withdraw their money. Celsius had $19 billion of assets and roughly $1 billion of equity as of last summer, before it raised new funds, according to Celsius investor documents from 2021 reviewed by the Journal. The median assets-to-equity ratio for all the North American banks in the S&P 1500 Composite index was about 9:1, or about half that of Celsius, according to data from FactSet.

For banks, that ratio is of great importance: Regulators look at it as an indicator of risk. For unregulated companies like Celsius, the ratio of 19-1 is particularly high given that some of its assets were investments in the extremely volatile crypto sector, said Eric Budish, an economist at the University of Chicago's business school who studies cryptocurrencies. Large banks often have ratios near Celsius's, but they hold much more stable assets and have access to central-bank loans for ready cash. [...] Founded in 2017 by Mr. Mashinsky, Celsius surged amid the crypto boom to become one of the biggest crypto lenders, with more than $12 billion in deposits. Customers, wooed by high interest rates, flooded in, while venture capitalists showered it with money. Contrasts with banks were at the center of Mr. Mashinsky's public persona. Mr. Mashinsky frequently said Celsius passed along 80% of its lending revenue to customers in the form of its high yields. He often wore a black T-shirt reading, "Banks are not your friends." Compared with banks, "we have much less risk, but we've managed to deliver high single-digit, low double-digit numbers," Mr. Mashinsky told the YouTube channel CTO Larsson in August. Mr. Mashinsky said on a podcast last month that while "normally in panic, everybody runs to the bank and withdraws their money because they're afraid the bank is going to fail," Celsius had proven different in crypto downturns, as its business increased.

Researchers at the University of Texas at Austin have now demonstrated a low-cost gel film that can pull many liters of water per day out of even very dry air. New Atlas reports: The gel is made up of two main ingredients that are cheap and common -- cellulose, which comes from the cell walls of plants, and konjac gum, a widely used food additive. Those two components work together to make a gel film that can absorb water from the air and then release it on demand, without requiring much energy. First, the porous structure of the gum attracts water to condense out of the air around it. The cellulose meanwhile is designed to respond to a gentle heat by turning hydrophobic, releasing the captured water.

In tests, the gel film was able to wring an astonishing amount of water out of the air. At a relative humidity of 30 percent, it could produce 13 L (3.4 gal) of water per day per kilogram of gel, and even when the humidity dropped to just 15 percent -- which is low, even for desert air -- it could still produce more than 6 L (1.6 gal) a day per kilogram. [...] And the new gel film's efficiency could be improved even further, the team says, by creating thicker films, absorbent beds, or other array formations of the material. Perhaps most importantly, the material is extremely inexpensive to produce, costing as little as $2 per kilogram. The research was published in the journal Nature Communications.

Y Combinator, a Silicon Valley kingmaker, is advising its portfolio founders to "plan for the worst" as startups across the globe scramble to navigate a sharp reversal after a 13-year bull run. From a report: The investment firm -- whose early backings include investments in Dropbox, Coinbase, Airbnb and Reddit -- this week suggested startups to cut their expenses and focus on extending their runways within the next 30 days. Those who don't have the runway to "reach default alive," the firm said in the letter, titled "Economic Downturn," YC is strongly suggesting that they consider raising money.

"If your plan is to raise money in the next 6-12 months, you might be raising at the peak of the downturn. Remember that your chances of success are extremely low even if your company is doing well. We recommend you change your plan," it said. The note from YC, which backs hundreds of young startups a year, is a signal that the market teardown that has significantly slashed the value of a large number of tech companies including giants such as Shopify and Netflix in recent weeks is trickling down to the early-stage startups universe.

An anonymous reader quotes a report from Ars Technica: When you turn off an iPhone, it doesn't fully power down. Chips inside the device continue to run in a low-power mode that makes it possible to locate lost or stolen devices using the Find My feature or use credit cards and car keys after the battery dies. Now researchers have devised a way to abuse this always-on mechanism to run malware that remains active even when an iPhone appears to be powered down. It turns out that the iPhone's Bluetooth chip -- which is key to making features like Find My work -- has no mechanism for digitally signing or even encrypting the firmware it runs. Academics at Germany's Technical University of Darmstadt figured out how to exploit this lack of hardening to run malicious firmware that allows the attacker to track the phone's location or run new features when the device is turned off. This video provides a high overview of some of the ways an attack can work.

The findings (PDF) have limited real-world value since infections required a jailbroken iPhone, which in itself is a difficult task, particularly in an adversarial setting. Still, targeting the always-on feature in iOS could prove handy in post-exploit scenarios by malware such as Pegasus, the sophisticated smartphone exploit tool from Israel-based NSO Group, which governments worldwide routinely employ to spy on adversaries. Besides allowing malware to run while the iPhone is turned off, exploits targeting LPM could also allow malware to operate with much more stealth since LPM allows firmware to conserve battery power. And of course, firmware infections are already extremely difficult to detect since it requires significant expertise and expensive equipment.

According to The Wall Street Journal, a digital advertising network was selling precise movements of millions of users of the gay-dating app Grindr. The locations were available for purchase since "at least 2017," according to the report. Gizmodo reports: According to the Journal's sources, one of the company's old ad partners, MoPub (which was sold off by Twitter earlier this year), was freely passing off location data from the tens of thousands of apps that use place-based information to monetize. At one time, this included Grindr. Once in MoPub's hands, the Journal alleges that this data was sold off, in bulk, to other partners, like Near (formerly known as UM, and formerly formerly known as UberMedia). And Near offered up that data to just about anyone. Because data privacy laws in the U.S. are vague and chaotic where they exist at all, Near can pawn off data from its upstream partners out in the open. You, dear reader, could buy it yourself.

"Grindr has shared less information with ad partners than any of the big tech platforms and most of our competitors, restricting the information we share to IP address, advertising ID, and the basic information necessary to support ad delivery," Grindr spokesperson Patrick Lenihan noted in a public statement. With all respect to Lenihan, that bar is extremely low. So-called "anonymous" data points like an ad ID or IP address can easily be tied back to a specific device, and the person who owns that device. By using "anonymous" data like this, advertisers can accurately surmise your workout routine, your favorite tunes, your immigration status and much, much more. "[A]bout one year ago, reports emerged that location data gleaned from the app was used to out a Catholic priest," adds Gizmodo. "The priest resigned, and Catholic news writers wrung their hands over the ill-gotten data source."

"[T]he data used to out the priest was anonymized, legally speaking, but the middlemen were able to tie the Grindr-using device to a certain Grindr-using priest because the device was seen frequenting the priest's residence and lake house."

Researchers in Beijing have set a new quantum secure direct communication (QSDC) world record of 102.2 km (64 miles), smashing the previous mark of 18 km (11 miles), The Eurasian Times reported. Engadget reports: Transmission speeds were extremely slow at 0.54 bits per second, but still good enough for text message and phone call encryption over a distance of 30 km (19 miles), wrote research lead Long Guilu in Nature. The work could eventually lead to hack-proof communication, as any eavesdropping attempt on a quantum line can be instantly detected. QSDC uses the principal of entanglement to secure networks. Quantum physics dictates that entangled particles are linked, so that if you change the property of one by measuring it, the other will instantly change, too -- effectively making hacking impossible. In theory, the particles stay linked even if they're light-years apart, so such systems should work over great distances.

The same research team set the previous fiber record, and devised a "novel design of physical system with a new protocol" to achieve the longer distance. They simplified it by eliminating the "complicated active compensation subsystem" used in the previous model. "This enables an ultra-low quantum bit error rate (QBER) and the long-term stability against environmental noises." As a result, the system can withstand much more so-called channel loss that makes it impossible to decode encrypted messages. That in turn allowed them to extend the fiber from 28.3km to the record 102.2 km distance. "The experiment shows that intercity quantum secure direct communication through the fiber is feasible with present-day technology," the team wrote in Nature.

Scientists at NASA's Johnson Space Center in Houston are preparing to open the first tube that one of the astronauts on the Apollo missions hammered into the surface of the moon. As NPR reports, it's "remained tightly sealed all these years since that 1972 Apollo 17 mission -- the last time humans set foot on the moon." From the report: The unsealed tube from that mission was opened in 2019. The layers of lunar soil had been preserved, and the sample offered insight into subjects like landslides in airless places. Because the sample being opened now has been sealed, it may contain something in addition to rocks and soil: gas. The tube could contain substances known as volatiles, which evaporate at normal temperatures, such as water ice and carbon dioxide. The materials at the bottom of the tube were extremely cold at the time they were collected. The amount of these gases in the sample is expected to be very low, so scientists are using a special device called a manifold, designed by a team at Washington University in St. Louis, to extract and collect the gas.

Another tool was developed at the European Space Agency (ESA) to pierce the sample and capture the gases as they escape. Scientists there have called that tool the "Apollo can opener." The careful process of opening and capturing has begun, and so far, so good: the seal on the inner sample tube seems to be intact. Now, the piercing process is underway, with that special "can opener" ready to trap whatever gases might come out. If there are gases in the sample, scientists will be able to use modern mass spectrometry technology to identify them. (Mass spectrometry is a tool for analyzing and measuring molecules.) The gas could also be divided into tiny samples for other researchers to study.

When Russia's invasion of Ukraine first began, Russian forces seized control of the Chernobyl nuclear plant — and then took its staff hostage.

A week later the Associated Press filed this update: The United Nations' atomic watchdog says Ukraine has informed the International Atomic Energy Agency that staff who have been kept at the Chernobyl Nuclear Power Plant since Russian troops took control of the site a week ago are facing "psychological pressure and moral exhaustion." IAEA Director General Rafael Mariano Grossi said Thursday that the staff must be allowed to rest and rotate so their crucial work can be carried out safely and securely.

Grossi received "a joint appeal from the Ukraine Government, regulatory authority and the national operator which added that personnel at the Chornobyl site 'have limited opportunities to communicate, move and carry out full-fledged maintenance and repair work,'" the IAEA said in a statement...

Ukraine has lost regulatory control over all the facilities in the Chernobyl Exclusion Zone to the Russians and asked the IAEA to undertake measures "in order to reestablish legal regulation of safety of nuclear facilities and installations" within the site, the statement added.
Their article quotes the Director General of the International Atomic Energy Agency as saying that "Any accident caused as a result of the military conflict could have extremely serious consequences for people and the environment, in Ukraine and beyond."

This morning CNN shared this update: The growing exhaustion of staffers confined for "10 days" at the Chernobyl nuclear power plant is not only "difficult," but could pose "a danger to the world," Yuriy Fomichev, the mayor of Slavutych, told CNN in a telephone interview on Saturday. "People are tired; they are exhausted, both mentally and emotionally, but mainly physically," Fomichev said, adding that more than 100 people in the plant are shift personnel who should have been handed over after 12 hours. "A nuclear facility run by the same shift of 100 people without a break for 10 days in a row means their concentration levels are too low ... the main thing we want to convey is that it is very dangerous," Fomichev said.

Staffers in the plant only eat one meal per day and have limited amount of time to contact their families, Fomichev said.

Software engineer Molly White has been a Wikipedia editor since 2006 (and also served several terms on the site's Arbitration Committee). White is now a Wikipedia administrator and functionary — and just published an Opinion piece opposing the continued acceptance of cryptocurrency donations for the Wikimedia Foundation.

Here's an excerpt from White's remarks in The Signpost, an online newspaper for (English-language) Wikipedia that's been published online since 2005 with contributions from Wikipedia editors:

When the Wikimedia Foundation first began accepting cryptocurrency donations in 2014, it was still fairly nascent technology. Cryptocurrencies resonated with many in free and open-source software communities and in the Wikimedia movement more specifically, and cryptocurrency projects tended to share similar ideals: privacy, anonymity, decentralization, freedom. In more recent history, cryptocurrencies and blockchain-based technologies more generally have morphed into something very different from the ideals of their youth. Some proponents continue to speak about freedom and decentralization, but the space has overwhelmingly become an opportunity for self-enrichment at the expense of others and the environment.

Cryptomining operations set up shop in locations with low energy costs — until late 2021, most bitcoin mining happened in China, where it relied on coal so heavily that the resulting coal mining accidents from increased demand contributed to a crackdown on the practice. Some of those miners moved to Kazakhstan, where they were using the nation's supply of lignite (an extremely harmful form of coal) to produce 18% of the global computing power behind bitcoin in January. Bitcoin mining alone rivals the total energy use of countries like the Netherlands or Finland;456 emissions from other popular cryptocurrencies like ethereum only compound the problem.

Furthermore, in recent years, more and more enthusiasts are being convinced that they too might strike it rich by buying in early to the next bitcoin or the next ethereum. But unfortunately, the playing field more often resembles a landscape with scammers and marks. Many are convinced that purchasing these currencies is an "investment", rather than risky speculation that would be more accurately described as gambling if not outright investment fraud. People are regularly scammed for enormous sums of money, and the anonymous, nominally decentralized, and largely unregulated nature of the space offers them little recourse.

The purported benefits of cryptocurrencies have also been largely unrealized. Rather than empowering the unbanked and distributing wealth to those in need, as once described, money has been hoarded in incredible amounts by a few wealthy individuals — 0.01% of bitcoin holders collectively own 27% of bitcoin in circulation, equivalent to around $232 billion. Furthermore, the underlying technology is enormously slow and difficult to scale when compared to databases used in most modern computing, so many technologies built around blockchains have spawned new, centralized solutions to the problems the blockchains themselves have introduced. As a result, the decentralization of the web that was supposed to result from the adoption of blockchain technologies has only resulted in the centralization of power in a handful of companies and venture capital firms.

The Wikimedia Foundation's acceptance of cryptocurrency donations has had minimal returns, and no longer accepting them is unlikely to have a major impact on the Foundation's ability to fundraise. In 2021, the Wikimedia Foundation only received about $130,000 in donations via cryptocurrency, making it one of their smallest revenue channels at only 0.08% of total donations. The benefits to donors are also minimal: the anonymity that might normally be offered to those who use cryptocurrencies is largely nullified by the WMF's cryptocurrency payment processor, BitPay, which requires prospective donors to disclose their identities.

The most impactful result of the WMF's acceptance of cryptocurrencies has been to normalize their use. As the technology space around blockchains has evolved over the years, so too should we. Cryptocurrencies have been joined by a bubble of predatory, inherently harmful technologies that take advantage of individuals and contribute to the destruction of our environment. It is no longer ethical for the Wikimedia Foundation to tacitly endorse a technology that incentivizes the predatory behavior that has become rampant in the cryptocurrency space in the past few years. I have asked that they stop doing so in an Request for Comments on meta.

"To date, nearly 28,000 near-Earth asteroids have been found by survey telescopes that continually scan the night sky, adding new discoveries at a rate of about 3,000 per year..." according to an article from NASA:

"The first version of Sentry was a very capable system that was in operation for almost 20 years," said Javier Roa Vicens, who led the development of Sentry-II while working at JPL as a navigation engineer and recently moved to SpaceX. "It was based on some very smart mathematics: In under an hour, you could reliably get the impact probability for a newly discovered asteroid over the next 100 years — an incredible feat."
But RockDoctor (Slashdot reader #15,477), summarizes some new changes: For nearly 20 years, newly discovered asteroids had orbital predictions processed by a system called "Sentry", resulting in quick estimates on the impact risk they represent with Earth. Generally this has worked well, but several things in the future required updates, and a new system adds a number of useful features too.

The coming wave of big survey telescopes which will check the whole sky every few days is going to greatly increase the number of discoveries. That requires streamlining of the overall system to improve processing speed. The new system can also automatically incorporate factors which previously required manual intervention to calculate, particularly the effect of asteroid rotation creating non-gravitational forces on a new discovery's future orbit. Objects like asteroid Bennu (recently subject of a sampling mission) had significant uncertainty on their future path because of these effects. That doesn't mean that Bennu can possibly hit us in the next few centuries, but it became harder to say over the next few millennia. As NASA puts it:

Popular culture often depicts asteroids as chaotic objects that zoom haphazardly around our solar system, changing course unpredictably and threatening our planet without a moment's notice. This is not the reality. Asteroids are extremely predictable celestial bodies that obey the laws of physics and follow knowable orbital paths around the Sun.

But sometimes, those paths can come very close to Earth's future position and, because of small uncertainties in the asteroids' positions, a future Earth impact cannot be completely ruled out. So, astronomers use sophisticated impact monitoring software to automatically calculate the impact risk....

[T]he researchers have made the impact monitoring system more robust, enabling NASA to confidently assess all potential impacts with odds as low as a few chances in 10 million.


The article includes videos explaining the future uncertainties on the orbits of potentially hazardous asteroids Bennu and Apophis.

According to Margrethe Vestager, EU's Commissioner for Competition, it's unlikely that the EU will ever become completely independent from other countries as far as semiconductor supply is concerned. Tom's Hardware reports: Leading contract makers of semiconductors -- such as Intel, Samsung Foundry, and Taiwan Semiconductor Manufacturing Co. -- spend around $30 billion per year on capital expenditures and billions on developing new process technologies. Analysts believe that a country, or a group of countries, that wants to build a competitive semiconductor industry locally would need to spend over $150 billion over a period of five years on direct help, tax breaks, and incentives. However, the chances of success are extremely low.

The EU official believes that such investments are impossible to make, which is why the bloc will continue to rely on internal and external chip supply. "The numbers I hear of, sort of, the upfront investments to be fully self-sufficient, that makes it not doable," said Vestager in an interview with CNBC. "What is important is that there is a different level of production capacity in Europe."

It is noteworthy that Europe does not produce smartphones or PCs, two kinds of applications that need chips made using leading-edge fabrication technologies. Meanwhile, the EU produces cars, consumer electronics, and other things that do not need chips made using the latest nodes. Thus, the bloc wants to expand production of chips for these products to protect its economy. It also does not want supply chains to be disrupted by China or tensions with the U.S. and Germany. At present, about 10% of the global chip supply is produced in Europe, down from 40% in 1990. The current goal that the block has is to expand its global chip production market share to 20% by 2030, which is already a very ambitious goal as chip manufacturing is growing. Vestager admits that to accomplish this goal, the EU needs to support local makers of semiconductors. Unfortunately, Margrethe Vestager does not announce any particular plans at this time.

Beloved by moodboard aficionados and wedding planners alike, the platform is hated by rank-and-file web surfers. It's not that it doesn't have its purpose; it's just that it intrudes on the search experience of pretty much everyone who doesn't want to use it. From a report: More than 28,000 Chrome users have installed Unpinterested!, an extension to remove Pinterest from Google search results, while countless others trade tips on how to craft search queries to exclude the photo-sharing website. The problem? Pinterest makes it obnoxiously difficult to view any image hosted on its platform without signing up for an account. And it's managed to achieve an extremely strong presence on many popular image searches. This state of affairs creates friction in the image-grabbing process, which has been fine-tuned over the last 20 years to become as frictionless as possible. And it's all seemingly for the goal of boosting Pinterest user numbers. Pinterest, it should be noted, doesn't cost anything to sign up for. But as the old internet maxim goes, "If you're not paying for it, you are the product.'" Meanwhile, people who do use the service complain that the resolution of Pinterest images is often low.

Google and top Indian telecom network Jio Platforms said on Friday that their much-anticipated budget smartphone, JioPhone Next, will go on sale in the world's second largest smartphone market on November 4. From a report: The firms said the JioPhone Next will cost 6,499 Indian rupees ($87), and can also be purchased in multiple instalments with an entry price as low as $27. The smartphone runs Pragati OS, which is powered by an "extremely optimized" Android mobile operating system with a range of customized feature. The two firms also revealed the specifications of the JioPhone Next. The smartphone features a 5.45-inch HD+ display with Corning Gorilla Glass 3 protection. It is powered by Qualcomm's quad-core QM-215 chipset that clocks up to 1.3GHz, coupled with 2GB of RAM and 32GB internal storage, which is expandable.

fahrbot-bot shares a report from Live Science: Astronomers have detected a strange, repeating radio signal near the center of the Milky Way, and it's unlike any other energy signature ever studied. According to a new paper accepted for publication in The Astrophysical Journal and posted on the preprint server arXiv, the energy source is extremely finicky, appearing bright in the radio spectrum for weeks at a time and then completely vanishing within a day. This behavior doesn't quite fit the profile of any known type of celestial body, the researchers wrote in their study, and thus may represent "a new class of objects being discovered through radio imaging."

The radio source -- known as ASKAP J173608.2321635 -- was detected with the Australian Square Kilometer Array Pathfinder (ASKAP) radio telescope, situated in the remote Australian outback. In an ASKAP survey taken between April 2019 and August 2020, the strange signal appeared 13 times, never lasting in the sky for more than a few weeks, the researchers wrote. This radio source is highly variable, appearing and disappearing with no predictable schedule, and doesn't seem to appear in any other radio telescope data prior to the ASKAP survey.

When the researchers tried to match the energy source with observations from other telescopes -- including the Chandra X-ray Observatory and the Neil Gehrels Swift Observatory, as well as the Visible and Infrared Survey Telescope for Astronomy in Chile, which can pick up near-infrared wavelengths -- the signal disappeared entirely. With no apparent emissions in any other part of the electromagnetic spectrum, ASKAP J173608.2-321635 is a radio ghost that seems to defy explanation. Prior surveys have detected low-mass stars that periodically flare up with radio energy, but those flaring stars typically have X-ray counterparts, the researchers wrote. That makes a stellar source unlikely here. Dead stars, like pulsars and magnetars (two types of ultradense, collapsed stars), are also unlikely explanations, the team wrote. The report goes on to say that the closest match is a mysterious class of object known as a galactic center radio transient (GCRT), a rapidly glowing radio source that brightens and decays near the Milky Way's center, usually over the course of a few hours. "So far, only three GCRTs have been confirmed, and all of them appear and disappear much more quickly than this new ASKAP object does," reports Live Science. "However, the few known GCRTs do shine with a similar brightness as the mysterious signal, and their radio flare-ups are never accompanied by X-rays."

First Major League Baseball experimented with automated umpiring of balls and strikes in the minor leagues.

Now the Verge reports they're trying a time-saving tactic that might also make it harder to cheat: Baseball has a sign stealing problem — or at least, a technological one, seeing how reading another team's pitches is technically legal, but using Apple Watches or telephoto cameras and then suspiciously banging on trash cans is very much not. But soon the MLB may try fighting fire with fire: on August 3rd, it plans to begin testing an encrypted wireless communication device that replaces the traditional flash of fingers with button taps, according to ESPN.

The device, from a startup called PitchCom, will be tested in the Low-A West minor league first. As you'd expect from something that's relaying extremely basic signals, it's not a particularly complicated piece of kit: one wristband transmitter for the catcher with nine buttons to signal "desired pitch and location," which sends an encrypted audio signal to receivers that can squeeze into a pitcher's cap and a catcher's helmet.

The receivers use bone-conduction technology, so they don't necessarily need to be up against an ear, and might theoretically be harder to eavesdrop on. (Bone conduction stimulates bones in your head instead of emitting audible sound.)
"MLB hopes the devices will cut down on time spent by pitchers stepping off the rubber and changing signals," reports the Associated Press, noting another interesting new rule. "A team may continue to use the system if the opposing club's device malfunctions."

But don't worry about that, reports ESPN: Hacking the system, the company says, is virtually impossible. PitchCom uses an industrial grade encryption algorithm and transmits minimal data digitally, making it mathematically impossible for someone to decrypt intercepted transmissions, according to the company.

fahrbot-bot shares a report from Live Science: Human society is on track for a collapse in the next two decades if there isn't a serious shift in global priorities, according to a new reassessment of a 1970s report, Vice reported. In that report -- published in the bestselling book "The Limits to Growth" (1972) -- a team of MIT scientists argued that industrial civilization was bound to collapse if corporations and governments continued to pursue continuous economic growth, no matter the costs. The researchers forecasted 12 possible scenarios for the future, most of which predicted a point where natural resources would become so scarce that further economic growth would become impossible, and personal welfare would plummet.

The report's most infamous scenario -- the Business as Usual (BAU) scenario -- predicted that the world's economic growth would peak around the 2040s, then take a sharp downturn, along with the global population, food availability and natural resources. This imminent "collapse" wouldn't be the end of the human race, but rather a societal turning point that would see standards of living drop around the world for decades, the team wrote.

So, what's the outlook for society now, nearly half a century after the MIT researchers shared their prognostications? Gaya Herrington, a sustainability and dynamic system analysis researcher at the consulting firm KPMG, decided to find out. [...] Herrington found that the current state of the world -- measured through 10 different variables, including population, fertility rates, pollution levels, food production and industrial output -- aligned extremely closely with two of the scenarios proposed in 1972, namely the BAU scenario and one called Comprehensive Technology (CT), in which technological advancements help reduce pollution and increase food supplies, even as natural resources run out. While the CT scenario results in less of a shock to the global population and personal welfare, the lack of natural resources still leads to a point where economic growth sharply declines -- in other words, a sudden collapse of industrial society. "The good news is that it's not too late to avoid both of these scenarios and put society on track for an alternative -- the Stabilized World (SW) scenario," the report notes. "This path begins as the BAU and CT routes do, with population, pollution and economic growth rising in tandem while natural resources decline. The difference comes when humans decide to deliberately limit economic growth on their own, before a lack of resources forces them to."

"The SW scenario assumes that in addition to the technological solutions, global societal priorities change," Herrington wrote. "A change in values and policies translates into, amongst other things, low desired family size, perfect birth control availability, and a deliberate choice to limit industrial output and prioritize health and education services." After this shift of values occurs, industrial growth and global population begin to level out. "Food availability continues to rise to meet the needs of the global population; pollution declines and all but disappears; and the depletion of natural resources begins to level out, too," adds Live Science. "Societal collapse is avoided entirely."

MojoKid writes: Intel recently shifted its storage strategy somewhat and is now catering its flagship Optane SSD P5800X, which was formerly targeted solely at data centers, to workstation users. The Optane SSD P5800X is based on a proprietary PCIe Gen 4x4 native controller and it features Intel's second-generation Intel Optane memory. In terms of performance, in some of the first benchmark numbers to hit the web, the drive is an absolute beast in the workloads that matter most for the vast majority of workstation users and enthusiasts. Random reads and writes are exceptionally good and access times at low queue depths are best-of-class. The Optane SSD P5800X's sequential transfers, while strong, aren't quite on the same level as some of today's fastest NAND-based PCIe 4 solid state drives, but they do exceed 7GB/s, which is still extremely fast. Overall, it's essentially the fastest SSD ever made. Endurance is off the charts too. However, all of that SSD horsepower comes at a price though, at a little over $2.50 per Gig and over $2,000 for an 800GB drive. With capacities of 400GB, 800GB and 1.6TB, the new Intel Optane SSD P5800X is shipping and available now.

Jio Platforms, run by India's richest man (Mukesh Ambani), and Google on Thursday unveiled the JioPhone Next, an affordable Android smartphone, as the top Indian telecom operator and the American giant make further push to expand their reach in the world's second largest internet market. From a report: The Indian firm, which secured $4.5 billion investment from Google (and another $15.5 billion from Facebook and others) last year and shared plans to work on low-cost smartphones, said the JioPhone Next is aimed at helping roughly 300 million users in India who are still on 2G network upgrade their gadget to access faster networks. The phone, which is "powered by extremely optimized Android" mobile operating system, will first launch in India on September 10 ahead of the festive season in the country, and will eventually be made available outside of India, said Mukesh Ambani, chairman of Reliance Industries, at its annual general meeting Thursday. The JioPhone Next will be an "ultra-affordable 4G smartphone," claimed Ambani, though he didn't reveal the price or the hardware specifications of the handset.

A weakness in the algorithm used to encrypt cellphone data in the 1990s and 2000s allowed hackers to spy on some internet traffic, according to a new research paper. Motherboard: The paper has sent shockwaves through the encryption community because of what it implies: The researchers believe that the mathematical probability of the weakness being introduced on accident is extremely low. Thus, they speculate that a weakness was intentionally put into the algorithm. After the paper was published, the group that designed the algorithm confirmed this was the case. Researchers from several universities in Europe found that the encryption algorithm GEA-1, which was used in cellphones when the industry adopted GPRS standards in 2G networks, was intentionally designed to include a weakness that at least one cryptography expert sees as a backdoor. The researchers said they obtained two encryption algorithms, GEA-1 and GEA-2, which are proprietary and thus not public, "from a source." They then analyzed them and realized they were vulnerable to attacks that allowed for decryption of all traffic.

When trying to reverse-engineer the algorithm, the researchers wrote that (to simplify), they tried to design a similar encryption algorithm using a random number generator often used in cryptography and never came close to creating an encryption scheme as weak as the one actually used: "In a million tries we never even got close to such a weak instance," they wrote. "This implies that the weakness in GEA-1 is unlikely to occur by chance, indicating that the security level of 40 bits is due to export regulations." Researchers dubbed the attack "divide-and-conquer," and said it was "rather straightforward." In short, the attack allows someone who can intercept cellphone data traffic to recover the key used to encrypt the data and then decrypt all traffic. The weakness in GEA-1, the oldest algorithm developed in 1998, is that it provides only 40-bit security. That's what allows an attacker to get the key and decrypt all traffic, according to the researchers.

An anonymous reader shares a report from The Conversation: As people around the world escape poverty, you might expect their energy use to increase. But my research in Nepal, Vietnam, and Zambia found the opposite: lower levels of deprivation were linked to lower levels of energy demand. What is behind this counterintuitive finding? [...] We found that households that do have access to clean fuels, safe water, basic education and adequate food -- that is, those not in extreme poverty -- can use as little as half the energy of the national average in their country. This is important, as it goes directly against the argument that more resources and energy will be needed for people in the global south to escape extreme poverty. The biggest factor is the switch from traditional cooking fuels, like firewood or charcoal, to more efficient (and less polluting) electricity and gas.

In Zambia, Nepal, and Vietnam, modern energy resources are extremely unfairly distributed -- more so than income, general spending, or even spending on leisure. As a consequence, poorer households use more dirty energy than richer households, with ensuing health and gender impacts. Cooking with inefficient fuels consumes a lot of energy, and even more when water needs to be boiled before drinking. But do households with higher incomes and more devices have a better chance of escaping poverty? Some do, but having higher incomes and mobile phones are not either prerequisites or guarantees of having basic needs satisfied. Richer households without access to electricity or sanitation are not spared from having malnourished children or health problems from using charcoal. Ironically, for most households, it is easier to obtain a mobile phone than a clean, nonpolluting fuel for cooking. Therefore, measuring progress via household income leads to an incomplete understanding of poverty and its deprivations.

So what? Are we arguing against the global south using more energy for development? No: instead of focusing on how much energy is used, we are pointing to the importance of collective services (like electricity, indoor sanitation and public transport) for alleviating the multiple deprivations of poverty. In addressing these issues we cannot shy away from asking why so many countries in the global south have such a low capacity to invest in those services. It has to do with the fact that poverty does not just happen: it is created via interlinked systems of wealth extraction such as structural adjustment, or high costs of servicing national debts. Given that climate change is caused by the energy use of a rich minority in the global north but the consequences are borne by the majority in the poorer global south, human development is not only a matter of economic justice but also climate justice. Investing in vital collective services underpins both.