An anonymous reader quotes a report from Phys.Org: A trio of researchers from Monash University and Deakin University has found that teaching children to play chess can reduce their aversion to risk. In their paper published in Journal of Development Economics, Asad Islam, Wang-Sheng Lee and Aaron Nicholas describe studying the impact of learning chess on 400 children in the U.K. The researchers found that most of the children experienced a decrease in risk aversion in a variety of game playing scenarios. They also noticed that playing chess also led to better math scores for some of the students and improvements in logic or rational thinking.

The researchers note that the game of chess is very well suited to building confidence in risk taking when there is reason to believe it might improve an outcome. In contrast, students also learned to avoid taking risks haphazardly, finding that such risks rarely lead to a positive outcome. They [...] line between good and poor risk-taking is especially evident in chess, which means that the more a person plays, the sharper their skills become. The researchers also found that the skills learned during chess playing appeared to be long lasting -- most of the children retained their decrease in risk aversion a full year after the end of their participation in the study. The researchers [...] did not find any evidence of changes in other cognitive skills, such as improvements in grades other than math or general creativity.

According to the United Kingdom's Security Service, known as MI5, hostile states are creating fake LinkedIn profiles to trick users into spilling secrets. The BBC reports: At least 10,000 UK nationals have been approached by fake profiles linked to hostile states, on the professional social network LinkedIn, over the past five years, according to MI5. "Malicious profiles" are being used on "an industrial scale," the security agency's chief, Ken McCallum, said. A campaign has been launched to educate government workers about the threat. The effort -- Think Before You Link -- warns foreign spies are targeting those with access to sensitive information. One concern is the victims' colleagues, in turn, become more willing to accept follow-up requests - because it looks as if they share a mutual acquaintance.

MI5 did not specifically name LinkedIn but BBC News has learned the Microsoft-owned service is indeed the platform involved. The 10,000-plus figure includes staff in virtually every government departments as well as key industries, who might be offered speaking or business and travel opportunities that could lead to attempts to recruit them to provide confidential information. And it is thought a large number of those approached engaged initially with the profiles that contacted them online.

An anonymous reader quotes a report from Newsweek: YouTube CEO Susan Wojcicki received a "Free Expression" award from the Freedom Forum Institute in a virtual ceremony sponsored by YouTube, an online video platform owned by Google. On Thursday, YouTube creator Molly Burke presented Wojcicki with the accolade in a video shared to the platform. "I'm so excited to be here tonight to present Susan Wojcicki with the Free Expression award. As the CEO of YouTube, Susan is facing some of the most critical issues around free expression today," Burke said.

Following the ceremony, some Twitter users mocked Wojcicki for receiving an award that was sponsored by her own platform. "YouTube CEO won a Free Speech award...sponsored by YouTube. Hahahahhhaahhhahhahahahaaaaaaa," one user wrote. Another wrote, "Lol, youtube receiving an award for free expression/pro first amendment is Orwellian s***. What's next, Facebook getting an award for respecting privacy?"

PayPal on Tuesday will begin allowing select customers of its Venmo app to buy, sell, and hold cryptocurrencies as consumers increasingly look for ways to pile into the digital assets. Bloomberg reports: The firm will make it available to all the app's users, who number more than 70 million, within the next few weeks. For now, Venmo is allowing customers to trade in just four types of cryptocurrency: Bitcoin, Ethereum, Litecoin and Bitcoin Cash. Users will also have the ability to share their cryptocurrency purchases on the Venmo feed.

"We do think some customers will certainly want to share this fun experience," Darrell Esch, senior vice president and general manager of the Venmo app at PayPal, said in an interview. "They can share with their friends and community that they've taken the step into this space."

An anonymous reader quotes a report from Ars Technica: Hackers backed by nation-states are exploiting critical vulnerabilities in the Pulse Secure VPN to bypass two-factor authentication protections and gain stealthy access to networks belonging to a raft of organizations in the US Defense industry and elsewhere, researchers said. At least one of the security flaws is a zero-day, meaning it was unknown to Pulse Secure developers and most of the research world when hackers began actively exploiting it, security firm Mandiant said in a blog post published Tuesday. Besides CVE-2021-22893, as the zero-day is tracked, multiple hacking groups -- at least one of which likely works on behalf of the Chinese government -- are also exploiting several Pulse Secure vulnerabilities fixed in 2019 and 2020.

Used alone or in concert, the security flaws allow the hackers to bypass both single-factor and multifactor authentication protecting the VPN devices. From there, the hackers can install malware that persists across software upgrades and maintain access through webshells, which are browser-based interfaces that allow hackers to remotely control infected devices. Multiple intrusions over the past six months have hit defense, government, and financial organizations around the world, Tuesday's post reported. Separately, the US Cybersecurity and Infrastructure Security Agency said that targets also include US government agencies, critical infrastructure entities, and other private sector organizations." Mandiant said that it has uncovered "limited evidence" that tied one of the hacker groups to the Chinese government. Dubbed UNC2630, this previously unknown team is one of at least two hacking groups known to be actively exploiting the vulnerabilities. Tuesday's blog post also referred to another previously unseen group that Mandiant is calling UNC2717. In March, the group used malware Mandiant identifies as RADIALPULSE, PULSEJUMP, and HARDPULSE against Pulse Secure systems at a European organization. Pulse Secure on Tuesday published an advisory instructing users how to mitigate the currently unpatched security bug.

An anonymous reader writes: The operators of the REvil ransomware are demanding that Apple pay a ransom demand to avoid having confidential information leaked on the dark web. The REvil crew claims it came into possession of Apple product data after breaching Quanta Computer, a Taiwanese company that is the biggest laptop manufacturer in the world and which is also one of the companies that assemble official Apple products based on pre-supplied product designs and schematics.

The REvil gang posted 21 screenshots depicting Macbook schematics and threatened to publish new data every day until May 1, or until Apple or Quanta pay the ransom demand. The extortion attempt was also perfectly timed for maximum visibility to coincide with the Spring Loaded event, where Apple announced new products and software updates.

Microsoft and video-game chat company Discord have ended takeover talks after Discord rejected a $12 billion bid, Bloomberg reported Tuesday, citing a people familiar with the matter. From the report: Discord is now focused on a potential public listing in the long term, the people said, asking not to be identified because the matter is private. Several other companies also tried to buy Discord in recent weeks, the people said. The identity of these companies couldn't immediately be learned. San Francisco-based Discord is best known for its free service that lets gamers communicate by video, voice and text. People stuck at home during the pandemic have increasingly used its technology for study groups, dance classes, book clubs and other virtual gatherings.

The Federal Trade Commission has signaled that it's taking a hard look at bias in AI, warning businesses that selling or using such systems could constitute a violation of federal law. From a report: "The FTC Act prohibits unfair or deceptive practices," the post reads. "That would include the sale or use of -- for example -- racially biased algorithms." The post also notes that biased AI can violate the Fair Credit Reporting Act and the Equal Credit Opportunity Act. "The FCRA comes into play in certain circumstances where an algorithm is used to deny people employment, housing, credit, insurance, or other benefits," it says. "The ECOA makes it illegal for a company to use a biased algorithm that results in credit discrimination on the basis of race, color, religion, national origin, sex, marital status, age, or because a person receives public assistance." The post mirrors comments made by acting FTC chair Rebecca Slaughter, who recently told Protocol of her intention to ensure that FTC enforcement efforts "continue and sharpen in our long, arduous and very large national task of being anti-racist."

Facebook wants you to believe that the scraping of 533 million people's personal data from its platform, and the dumping of that data online by nefarious people, is something to be "normalised." The Register: A blundering Facebook public relations operative managed to send a journalist a copy of an internal document detailing the social network's strategy for containing the leaking of 533 million accounts -- and what the memo contained was infuriating though unsurprising. Belgian tech journalist Pieterjan van Leemputten asked the Mark Zuckerberg-owned company some questions about the theft and dumping online of account data earlier this month.

Miscreants had helped themselves to 70GB of names, phone numbers, dates of birth, email addresses, and more from people's Facebook profiles, thanks to a security weakness in the platform. Having stolen the data in 2019, crims bought and sold it among themselves before one shared it via a Tor-hidden site in early April, inviting anyone to come and help themselves to it all. Yet when van Leemputten asked Facebook's mouthpieces to respond, what he got in return was quite unexpected. As he told The Register: "Facebook accidentally sent me an internal email where they literally state that they will frame the recent 533 million data leak as a 'broad industry issue' and that they want to normalize this." The memo added, "To do this, the team is proposing a follow-up post in the next several weeks that talks more broadly about our anti-scraping work and provides more transparency around the amount of work we're doing in this area."

Now that Apple's lost item finder AirTag has officially been introduced, competitor Tile is going on record ahead of its testimony in front of Congress tomorrow about how it perceives Apple's latest product. In a statement, Tile CEO CJ Prober said today: "Our mission is to solve the everyday pain point of finding lost and misplaced things and we are flattered to see Apple, one of the most valuable companies in the world, enter and validate the category Tile pioneered. The reason so many people turn to Tile to locate their lost or misplaced items is because of the differentiated value we offer our consumers. In addition to providing an industry leading set of features via our app that works with iOS and Android devices, our service is seamlessly integrated with all major voice assistants, including Alexa and Google. And with form factors for every use case and many different styles at affordable prices, there is a Tile for everyone.

Tile has also successfully partnered with top brands like HP, Intel, Skullcandy and fitbit to enable our finding technology in mass market consumer categories like laptops, earbuds and wearables. With over 30 partners, we look forward to extending the benefits of Tile to millions of customers and enabling an experience that helps you keep track of all your important belongings. We welcome competition, as long as it is fair competition. Unfortunately, given Apple's well-documented history of using its platform advantage to unfairly limit competition for its products, we're skeptical. And given our prior history with Apple, we think it is entirely appropriate for Congress to take a closer look at Apple's business practices specific to its entry into this category. We welcome the opportunity to discuss these issues further in front of Congress tomorrow.

Geico, the second-largest auto insurer in the U.S., has fixed a security bug that let fraudsters steal customers' driver's license numbers from its website. From a report: In a data breach notice filed with the California attorney general's office, Geico said information gathered from other sources was used to "obtain unauthorized access to your driver's license number through the online sales system on our website." The insurance giant did not say how many customers were affected by the breach but said the fraudsters accessed customer driver's license numbers between January 21 and March 1. Companies are required to alert the state's attorney general's office when more than 500 state residents are affected by a security incident. Geico said it had "reason to believe that this information could be used to fraudulently apply for unemployment benefits in your name." Many financially driven criminals target government agencies using stolen identities or data. But many U.S. states require a government ID -- like a driver's license -- to file for unemployment benefits. To get a driver's license number, fraudsters take public or previously breached data and exploit weaknesses in auto insurance websites to obtain a customer's driver's license number. That allows the fraudsters to obtain unemployment benefits in another person's name.

Apple has finally given the world a dramatic new iMac redesign, aimed at the company's long-standing goal of "making the computer disappear." From a report: Naturally, the latest version of the 24-inch all-in-one desktop is built around the company's new proprietary M1 chips. The screen sports a 4.5K Retina Display, coupled with a 1080p camera -- a first for the Mac line, and a sign the company is taking both audio and video more seriously as these products are serving as a kind of life line for the work from home crowd. True Tone is, naturally, on board for better color balance, and sound have been improved with six-speaker setup.

The new devices are significantly thinner -- with overall volume reduced by half, according to the company. The rear is also flat, instead of curved. All told, the company says it's up to 85% faster than the last model, coupled with a GPU that's up to twice as fast and 3x the machine learning. Around back are two Thunderbolt ports and a new magnetic power adapter that also delivers Ethernet. The system comes in seven colors. It starts at $1,299.

Apple has launched a Tile-like item tracker that will work with the company's software and services. From a report: Dubbed AirTag, the small circular tag will allow you to track items within Apple's "Find My" app on iOS. Much like Tile, Apple's AirTags will be useful for tracking items like keys or wallets, and you'll be provided with notifications when you're separated from your item. The AirTag itself is a small puck-like device that includes a built-in speaker, accelerometer, Bluetooth LE, and a user-replaceable battery. Apple says the tracker should last for a year of battery life, and you can use an NFC tap to activate a lost mode. AirTag will be available for $29 on April 30th, or $99 for a four-pack of the devices. Apple is also working with accessory makers to create luggage tag and keyring enclosures for the AirTag itself.

The White House unveiled on Tuesday a 100-day plan intended to protect the U.S. power grid from cyber-attacks, mainly by creating a stronger relationship between U.S. national security agencies and the mostly private utilities that run the electrical system. From a report: The plan is among the first big steps toward fulfilling the Biden administration's promise to urgently improve the country's cyber defenses. The nation's power system is both highly vulnerable to hacking and a target for nation-state adversaries looking to counter the U.S. advantage in conventional military and economic power. "The United States faces a well-documented and increasing cyber threat from malicious actors seeking to disrupt the electricity Americans rely on to power our homes and businesses," Secretary of Energy Jennifer Granholm said. Although the plan is billed as a 100-day sprint -- which includes a series of consultations between utilities and the government -- it will likely take years to fully implement, experts say. It will ask utilities to pay for and install technology to better detect hacks of the specialized computers that run the country's power systems, known as industrial control systems. The Edison Electric Institute, the trade group that represents all U.S. investor-owned electric companies, praised the White House plan and the Biden administration's focus on cybersecurity. "Given the sophisticated and constantly changing threats posed by adversaries, America's electric companies remain focused on securing the industrial control systems that operate the North American energy grid," said EEI president Tom Kuhn.

Magic Leap's next augmented realty headset is on track to be unveiled later this year. From a report: In an interview with Protocol published on Tuesday, CEO Peggy Johnson said the Magic Leap 2 will be released through an early adopter program at the end of this year and will be more generally available in early 2022. Johnson said the new headset, which is intended for enterprise customers, will be lighter and have an improved field of view over the Magic Leap One. "For frontline workers, the product has to be something comfortable that they can wear all day long," Johnson told Protocol. "So we've made the product half the size, about 20% lighter. But most importantly, we've doubled the field of view. That's a hard thing to do. The optics around that are complex, but we have a very talented engineering team." Past stories on Magic Leap: Magic Leap, Which Has Raised Over $2B, Lays off 1,000 Employees and Drops Consumer Business
Translation From VC-Backed PR Jargon To English of Magic Leap CEO Rony Abovitz's Statement That He's 'Stepping Down'

PayPal plans to set up a local wallet in China focused on cross-border payments. From a report: In January, the U.S. fintech company became the first foreign firm with 100% ownership of a payments platform in China. But until now, PayPal's been quiet on its plans. Hannah Qiu, the China CEO for PayPal, told CNBC that the company is looking to launch a domestic wallet. But instead of it competing with the dominant players Alipay and WeChat Pay for domestic payments, PayPal will focus on cross-border payments. In a panel session hosted by CNBC at the Boao Forum for Asia in the province of Hainan in China, Qiu elaborated on the plans. "Our future business is mainly on cross-border transaction. Our value is more from overseas. In our overseas market, there are over 377 million individual users and over 20 million corporate users," Qiu said in Mandarin remarks translated by CNBC.

Online electronics retailer Newegg said it is now accepting dogecoin as a method of payment. From a report: Customers will be able to complete transactions using the dogecoin held in their BitPay wallet, according to an announcement Tuesday. Newegg first began accepting payments in bitcoin in July 2014. The company is now among the first retailers to accept dogecoin as payment. Further reading: Dogecoin Rips in Meme-Fueled Frenzy on Pot-Smoking Holiday.

Amazon.com has opened a new hair salon in East London to showcase augmented reality and "point and learn" marketing technology that lets customers point their phones at a product to get more information. From a report: The 1,500 square-foot (139 square-meter) salon is set in London's Spitalfields neighborhood, the company said in a blog post on Tuesday. Customers will be able to try out new hair colors virtually and "capture their new look in a dedicated creative area," the company said. Visitors will also be able to order products in the salon via Amazon by scanning QR codes. In recent years, Amazon has started a range of brick-and-mortar formats, including cashierless convenience stores, a supermarket chain, book shops and stores selling a potpourri of bestselling items. The company often launches experiments, learns from them and then moves on -- sometimes folding the expertise into new projects or abandoning the idea entirely. With no current plans to open additional locations, Amazon may consider the salon as one of its signature tests. London is just beginning to ease Covid-19 lockdown restrictions, with salons reopening in England on April 12. Amazon salon customers will be offered free face masks and sanitizer, temperature checks and the venue will operate at a reduced capacity.

According to a new report by industry analysts Mark Mulligan and Keith Jopling of Midia Research, songwriters are getting drastically short-changed in the music-streaming economy. An anonymous reader shares an excerpt from the report: The 35-page report, which is available here for free, lays out both the history of this dilemma and some (admittedly difficult) proposed solutions, but what may be unprecedented is the way that it lays out how skewed against songwriters the new music economy is. A handful of the many statistics from the study follow:

- The global music industry revenues (recordings, publishing, live, merchandise, sponsorship) fell by 30% in 2020 due to the combined impact of COVID-19 and a recession
- Streaming has created a song economy, making the song more important than ever, yet music publisher royalties are more than three times smaller than record label royalties
- Streaming will bring further strong industry growth, reaching 697 million subscribers and $456 billion in retail revenues, but the royalty imbalance means that label streaming revenue will grow by 3.3 times more than publisher streaming revenue
- The current royalty system assumes all songs are worth the same - they are not - and rewards poor behavior that dilutes artist and songwriter royalties
- Music subscribers believe in the value of the song: twice as many (60%) state that the song matters more than the artist, than think the artist matters more (29%)
- They also believe that songwriters should be remunerated properly: 71% of music subscribers consider it important that streaming services pay songwriters fairly

In a section titled "The Songwriter's Paradox," it lays out the ways that the song has become more important than ever, but, paradoxically, the songwriter has less income and influence:

- Big record labels have weaponized songwriting: In order to try to minimize risks, bigger record labels are turning to an ever more elite group of songwriters to create hits.
- The emergence of the song economy: The audience has shift its focus from albums to songs.
- Writing and production are fusing: As music production technologies have become more central to both the songwriting process and to the formation of the final recorded work, there has been a growing fusion of the role of production with writing. This has led to a growing body of superstar writer-producers.
-The industrialization of songwriting: Record labels are reshaping songwriting by pulling together teams of songwriters to create "machine tooled" hits - finely crafted songs that are "optimized for streaming." While the upside for songwriters is more work, the downside is sharing an already-small streaming royalties pot with a larger team of creators and co-writers.
- Decline of traditional formats: Songwriters have long relied upon performance royalties from broadcast TV and radio. However, as the audiences on these platforms migrate towards on-demand alternatives, performance royalties face a long-term decline. Similarly, the continued fall in sales means fewer mechanical royalties for songwriters.
- Streaming royalties: The song is the first in line culturally but it is last in line for streaming royalties. Of total royalties paid by streaming services to rights holders, between a fifth and a quarter is paid for publishing rights to the song. Labels are paid more than three times higher than publishers on streaming. An independent label artist could earn more than three thousand dollars for a million subscriber streams, whereas a songwriter could expect to earn between $1,200 and $1,400, and even then, only if they are the sole songwriter on the track. On average, songwriters will therefore earn between a third and a half of what artists do. After proposing a series of solutions, such as implementing "fan-centric licenses" and revised streaming prices, the report concludes: "What is clear is that today's' song economy is not working as it should and that everyone across the value chain will benefit from a coordinated program of change."

Dave Knott writes: Microsoft has announced Visual Studio 2022, the next major revision of their flagship development IDE. A public beta will be arriving this summer. The most significant change, which has long been rumored, is that the entire application suite will now be 64-bit. Other major changes include:

* Performance improvements in the core debugger
* Support for .NET 6, which can be used to build web, client and mobile apps by both Windows and Mac developers, as well as improved support for developing Azure apps
* An update UI meant to reduce complexity and which will add integration with Accessibility Insights. Microsoft plans to update the icons and add support for Cascadia Code, a new fixed-width font for better readability
* Support for C++ 20 tooling. language standardization and Intellisense
* Integration of text chat into the Live Share collaboration feature
* Additional support for Git and GitHub
* Improved code search

Rei writes: After a Tesla crash in The Woodlands killed two people last Saturday night, news reports were quick to jump to the conclusion that Autopilot (or even FSD) was being used and led to the strange crash, in which investigators reported nobody in the driver's seat, one victim buckled in in the front passenger seat, and the other buckled in behind them. On Twitter, however, Autopilot users were quick to question this account, noting that Autopilot can't be enabled on a road lacking lane lines; the speed and acceleration were far higher than Autopilot allows; and numerous other problems. Now Elon Musk has weighed in with the first official statement since the crash. Responding to a user questioning the reporting, Musk said: "Your research as a private individual is better than professionals @WSJ! Data logs recovered so far show Autopilot was not enabled & this car did not purchase FSD. Moreover, standard Autopilot would require lane lines to turn on, which this street did not have." What actually caused the crash and why nobody was found in the driver's seat remains unclear at this point; analysis of the logs and investigation of the crash site remains ongoing.