Microsoft

Microsoft's Stock Market Value Pulls Ahead of Apple's (reuters.com) 119

Microsoft's stock market value surpassed Apple's and pulled ahead by as much as $3 billion on Wednesday as the Windows software maker benefited from optimism about demand for cloud computing services. From a report: Shares of Microsoft jumped 3 percent, pushing its market capitalization up to $848 billion. With the broad market rebounding following a recent slump, Apple also rose, but less than Microsoft. Its 2.17 percent increase put Apple's market capitalization at $845 billion, just four months after the iPhone maker breached the $1 trillion mark for the first time. Microsoft and Apple briefly traded at about the same level after the bell on Monday, but Microsoft's intraday lead over Apple on Wednesday was more substantial. Further reading: 'This is Not Your Father's Microsoft': CEO Satya Nadella On Helping a Faded Legend Find a 'Sense of Purpose'.
Sci-Fi

Nike and Boeing Are Paying Sci-Fi Writers To Predict Their Futures (medium.com) 58

Brian Merchant, writing for Medium : In 2017, PricewaterhouseCoopers, the professional services firm that advises 440 of the Fortune 500 companies, published a blueprint for using science fiction to explore business innovation. The same year, the Harvard Business Review argued that "business leaders need to read more science fiction" in order to stay ahead of the curve. "We're already seeing science fiction become reality today," said Google's then-CEO Eric Schmidt in 2012. "Think back to Star Trek, or my favorite, the Hitchhiker's Guide to the Galaxy -- much of what those writers imagined is now possible," he said, ticking off auto-translation, voice recognition, and electronic books. Jeff Bezos' product design team built the Kindle to spec from Neal Stephenson's book The Diamond Age. (Stephenson himself is the chief future at the multibillion-dollar-valued Magic Leap.) Josh Wolfe, a managing partner at Lux Capital, is pouring millions of dollars into companies building what he explicitly describes as "the sci-fi future." "I'm looking for things that feel like they were once written about in science fiction," he told Fortune. "The gap between 'sci-fi,' -- that which was once imagined -- and 'sci-fact,' that which becomes manifest and real, is shrinking."

A number of companies, along with a loose constellation of designers, marketers, and consultants, have formed to expedite the messy creative visualization process that used to take decades. For a fee, they'll prototype a possible future for a client, replete with characters who live in it, at as deep a level as a company can afford. They aim to do what science fiction has always done -- build rich speculative worlds, describe that world's bounty and perils, and, finally, envision how that future might fall to pieces. Alternatively referred to as sci-fi prototyping, futurecasting, or worldbuilding, the goal of these companies is generally the same: help clients create forward-looking fiction to generate ideas and IP for progress or profit. Each of the biggest practitioners believe they have their own formulas for helping clients negotiate the future. And corporations like Ford, Nike, Intel, and Hershey's, it turns out, are willing to pay hefty sums for their own in-house Minority Reports.

IT

CeBIT, World's Largest IT Conference, Canned (dw.com) 74

Despite turning the trade fair into a fun fair, organizers could not save the beloved but struggling trade fair. CeBIT once boasted 850,000 visitors a year, but that heyday has long since passed. An anonymous reader shares a report: Organizers announced on Wednesday that the world's largest IT conference will be no more. CeBIT, held every year in Hanover, Germany, has been canceled for 2019 facing declining visitor numbers and decreases in exhibition space rentals. "There will be no more CeBIT in Germany in the future," said Onuora Ogbukagu of Deutsche Messe AG, which ran the trade fair that hosted the likes of Apple co-founder Steve Wozniak and data privacy advocate Edward Snowden.

CeBIT was once considered the best barometer of technological trends, and during the dot-com boom in the late 90s and early 2000s, it boasted some 850,000 visitors a year. However, that number has been declining for years, despite cultivating a 'fun fair' atmosphere. The news was met with an outpouring of gratitude for the conference-meets-festival on social media, with many calling it the "end of an era."

Businesses

TSMC, a Company Few Americans Know, is About To Dethrone Intel (bloomberg.com) 195

For more than 30 years, Intel has dominated chipmaking, producing the most important component in the bulk of the world's computers. That run is now under threat from a company many Americans have never heard of. From a report: Taiwan Semiconductor Manufacturing Co. was created in 1987 to churn out chips for companies that lacked the money to build their own facilities. The approach was famously dismissed at the time by Advanced Micro Devices founder Jerry Sanders. "Real men have fabs," he quipped at a conference, using industry lingo for factories. These days, ridicule has given way to envy as TSMC plants have risen to challenge Intel at the pinnacle of the $400 billion industry. AMD recently chose TSMC to make its most advanced processors, having spun off its own struggling factories years before.

TSMC's threat to Intel reflects a sea change in chipmaking that's seen one company after another hire TSMC to manufacture the chips they design. Hsinchu-based TSMC has scores of customers, including tech giants Apple and Qualcomm, second-tier players like AMD, and minnows such as Ampere Computing. The explosion of components built this way has given TSMC the technical know-how needed to churn out the smallest, most efficient and powerful chips in the highest volumes.

"It's a once-in-a-50-year situation," said Renee James, the former No. 2 at Intel who heads startup Ampere. Her company is less than two years old and yet it's going after Intel's dominant server chip business. That Ampere thinks it can compete is a testament to stumbles by Intel, and TSMC's ability to benefit from those mistakes. It's been a decade since Intel faced major competition and its 90 percent revenue share in computer processing will again deliver record results this year. But some on Wall Street are concerned, and rivals are emboldened, because TSMC has a real chance to replace Intel as the best chipmaker in the business. Last year, the Taiwanese company amassed a bigger market value than its U.S. rival for the first time.

Privacy

Real Life Ads Are Taking Scary Inspiration From Social Media (medium.com) 73

Advertisements in the real world are becoming more technologically sophisticated, integrating facial recognition, location data, artificial intelligence, and other powerful tools that are more commonly associated with your mobile phone. Welcome to the new age of digital marketing. From a report: During this year's Fashion Week in New York, a digital billboard ad for New Balance used A.I. technology to detect and highlight pedestrians wearing "exceptional" outfits. A billboard advertisement for the Chevy Malibu recently targeted drivers on Interstate 88 in Chicago by identifying the brand of vehicle they were driving, then serving ads touting its own features in comparison. And Bidooh, a Manchester-based startup that admits it was inspired by Minority Report, is using facial recognition to serve ads through its billboards in the U.K. and other parts of Europe as well as South Korea. According to its website, Bidooh allows advertisers to target people based on criteria like age, gender, ethnicity, hair color, clothing color, height, body shape, perceived emotion, and the presence of glasses, sunglasses, beards, or mustaches.

We've been on the path here since at least a decade ago when the New York Times reported that some digital billboards were equipped with small cameras that could analyze a pedestrian's facial features to serve targeted ads based on gender and approximate age. Things have progressed as you'd expect: In 2016, another Times report described how Clear Channel Outdoor Americas had partnered with companies including AT&T to track people via their mobile phones. The ads could determine the gender and average age of people passing different billboards and determine whether they visited a store after seeing an ad.

EU

EU Aims To Be 'Climate Neutral' By 2050 (bbc.com) 205

AmiMoJo writes: The European Union says it is aiming to become the first major economy to go 'climate neutral' by 2050. Under the plan, emissions of greenhouse gases after that date would have to be offset by planting trees or by burying them underground. Scientists say that net-zero emissions by 2050 are needed to have a fighting chance of keeping global temperatures under 1.5C this century. The EU says the move will also cut premature air pollution deaths by 40%. The EU says that this can be done with existing technologies such as solar and wind energy which would have to be ramped up to provide 80% of electricity. Energy efficiency measures such as home insulation would also need to be boosted to reduce energy consumption by half by the middle of the century.
Security

Microsoft Warns Of Two Apps That Installed Root Certificates Then Leaked the Private Keys (zdnet.com) 79

Catalin Cimpanu, reporting for ZDNet: Microsoft has issued a security advisory this week warning that two applications accidentally installed two root certificates on users' computers, and then leaked the private keys for all. The software developer's mistake means that malicious third-parties can extract the private keys from the two applications and use them to issue forged certificates to spoof legitimate websites and software publishers for years to come.

The two applications are HeadSetup and HeadSetup Pro, both developed by German audio hardware company Sennheiser. The software is used to set up and manage softphones -- software apps for making telephone calls via the Internet and a computer, without needing an actual physical telephone. The issue with the two HeadSetup apps came to light earlier this year when German cyber-security firm Secorvo found that versions 7.3, 7.4, and 8.0 installed two root Certification Authority (CA) certificates into the Windows Trusted Root Certificate Store of users' computers but also included the private keys for all in the SennComCCKey.pem file.

Cloud

Amazon Web Services Introduces its Own Custom-Designed ARM Server Processor, Promises 45 Percent Lower Costs For Some Workloads (geekwire.com) 65

After years of waiting for someone to design an ARM server processor that could work at scale on the cloud, Amazon Web Services just went ahead and designed its own. From a report: Vice president of infrastructure Peter DeSantis introduced the AWS Graviton Processor Monday night, adding a third chip option for cloud customers alongside instances that use processors from Intel and AMD. The company did not provide a lot of details about the processor itself, but DeSantis said that it was designed for scale-out workloads that benefit from a lot of servers chipping away at a problem. The new instances will be known as EC2 A1, and they can run applications written for Amazon Linux, Red Hat Enterprise Linux, and Ubuntu. They are generally available in four regions: US East (Northern Virginia), US East (Ohio), US West (Oregon), and Europe (Ireland). Intel dominates the market for server processors, both in the cloud and in the on-premises server market. AMD has tried to challenge that lead over the years with little success, although its new Epyc processors have been well-received by server buyers and cloud companies like AWS. John Gruber of DaringFireball, where we first spotted this story, adds: Makes you wonder what the hell is going on at Intel and AMD -- first they missed out on mobile, now they're missing out on the cloud's move to power-efficient ARM chips.
The Almighty Buck

The App Destroying Iran's Currency (foreignpolicy.com) 83

Iranians are using the messaging app Telegram to spread fake news about the rial -- and make a profit for themselves. From a report: Iranian President Hassan Rouhani owes his re-election in large part to the messaging app Telegram. During Iran's 2017 presidential election, Iranians relied on the app as a rare source of uncensored news about the race, in which Rouhani was not the candidate most favored by hard-liners. Just one year later, Telegram may end up becoming Rouhani's downfall. The app is at the center of Iran's accelerating currency crash.

The Iranian rial was generally acknowledged to have been on a stable path until May, when U.S. President Donald Trump exited the Iran nuclear deal. Prior to the U.S. withdrawal, one U.S. dollar was worth around 37,000 rials; immediately afterwards, a single dollar jumped to around 44,000 rials. The rial has continued to slump ever since, dropping to 50,000 to the dollar, and then 80,000 rials, and then 190,000 during Rouhani's speech at the United Nations General Assembly in September. Right now, it is at 120,500 rials. But it isn't just U.S. sanctions and the fundamental weaknesses of the Iranian economy that have contributed to Iran's currency freefall. It's also the deliberate circulation of rumors and fake news on Telegram by Iranian currency traders and middlemen out to make a profit.

The Internet

Music Industry Asks US Government To Reconsider Website Blocking (torrentfreak.com) 203

An anonymous reader quotes a report from TorrentFreak: At the start of this decade, U.S. lawmakers drafted several controversial bills to make it easier for copyright holders to enforce their rights online. These proposals, including SOPA and PIPA, were met with fierce resistance from the public as well as major technology companies. They feared that the plans, which included pirate site-blocking measures, went too far. In the many years that followed, the "site blocking" issue was avoided like the plague. The aversion was mostly limited to the U.S., as website blocking became more and more common abroad, where it's one of the entertainment industries' preferred anti-piracy tools.

Emboldened by these foreign successes, it appears that rightsholders in the U.S. are now confident enough to bring the subject up again, albeit very gently. Most recently the site-blocking option was mentioned in a joint letter (PDF) from the RIAA and the National Music Publishers' Association (NMPA), which contained recommendations to the Intellectual Property Enforcement Coordinator (IPEC) Vishal Amin. The IPEC requested input from the public on the new version of its Joint Strategic Plan for Intellectual Property Enforcement. According to the music industry groups, website blocking should be reconsidered an anti-piracy tool.
"There are several changes that should be made legislatively to help legal authorities and third parties better protect intellectual property rights," the music groups write. "These include fixing the DMCA, making it a felony to knowingly engage in unauthorized streaming of copyrighted works, and investigating the positive impact that website blocking of foreign sites has in other jurisdictions and whether U.S. law should be revised accordingly."

"As website blocking has had a positive impact in other countries without significant unintended consequences, the U.S. should reconsider adding this to its anti-piracy tool box," the RIAA and NMPA write.
Businesses

Lowe's To Sell Off Its 'Under-Performing' Iris Smart Home Automation Business (cepro.com) 119

CIStud shares a report from CE Pro: Giant home improvement retailer Lowe's is giving up on the smart home market. The company announced its "difficult decision" to exit the home automation market and is seeking a buyer for its Iris Smart Home business as part of a "strategic reassessment." The announcement is part of multiple other maneuvers by Lowe's that include closing its Orchard Supply Hardware business, dumping its Alacrity Renovation Service, shutting down all its locations in Mexico, and shutting more than 50 locations in the U.S. and Canada. Lowe's Iris was hailed as the only entry-level home automation system that handled ZigBee, Z-Wave and Wi-Fi when it came out in 2012. Speaking to investors, president and CEO Marvin Ellison [lumped Lowe's Iris in with other initiatives as an] "underperforming... non-core business."
Power

France To Close Four Coal-Fired Power Plants By 2022, 14 Nuclear Reactors By 2035 (cleantechnica.com) 387

Socguy shares a report from CleanTechnica: French President Emmanuel Macron gave a speech on Tuesday in which he announced a raft of new energy policies, including a promise to close the country's remaining four coal-fired power plants by 2022 and 14 of the country's 900 MW first-generation nuclear reactors by 2035. "The generation capacity will be replaced with wind and solar," adds Slashdot reader Socguy. The closure of the 14 nuclear reactors will reduce nuclear's contribution to the energy mix from its current level of 75% to 50% by 2035.

"I would have liked to be able to do it as early as 2025, as provided for by the Energy Transition Law," Macron added, "but it turned out, after pragmatic expertise, that this figure brandished as a political totem was in fact unattainable. We therefore decided to maintain this 50% cap, but by postponing the deadline to 2035."
Medicine

Amazon Starts Selling Software To Mine Patient Health Records (wsj.com) 84

An anonymous reader quotes a report from The Wall Street Journal: Amazon is starting to sell software to mine patient medical records (Warning: source paywalled; alternative source) for information that doctors and hospitals could use to improve treatment and cut costs, the latest move by a big technology company into the health care industry. The software can read digitized patient records and other clinical notes, analyze them and pluck out key data points, Amazon says. The company is expected to announce the launch Tuesday. Amazon Web Services, the company's cloud-computing division, has been selling such text-analysis software to companies outside medicine for use in areas such as travel booking, customer support and supply-chain management. The technology's health-care application is the newest effort by Amazon to tap into the lucrative market.

Amazon officials say the company's software developers trained the system using a process known as deep learning to recognize all the ways a doctor might record notes. "We're able to completely, automatically look inside medical language and identify patient details," including diagnoses, treatments, dosage and strengths, "with incredibly high accuracy," said Matt Wood, general manager of artificial intelligence at Amazon Web Services. During testing, the software performed on par or better than other published efforts, and can extract data on patients' diseases, prescriptions, lab orders and procedures, said Taha Kass-Hout, a senior leader with Amazon's health-care and artificial intelligence efforts.
The project is called Amazon Comprehend Medical, which "allows developers to process unstructured medical text and identify information such as patient diagnosis, treatments, dosages, symptoms and signs, and more," according to a blog post. Dr. Kass-Hout says Amazon Web Services won't see the data processed by its algorithms, "which will be encrypted and unlocked by customers who have the key," reports WSJ.
Medicine

Large Genetic Study Finds First Genes Connected With ADHD (arstechnica.com) 117

A paper published in Nature Genetics this week looked at genetic data from more than 50,000 people, finding 12 different regions of DNA that seemed to play a role in increasing ADHD risk. Ars Technica reports: This evidence comes from a genome-wide association study, or GWAS: a close look at how the DNA of people with ADHD differs from those without. Geneticist Ditte Demontis and her colleagues used data from more than 20,000 people with ADHD, comparing them to a control group of 35,000 people without an ADHD diagnosis. They found 304 points where tiny differences in DNA -- like single letter swaps -- were distributed across their two groups in a statistically telling way. If any of those variants were very close together, the researchers counted them as representing the same stretch of DNA, grouping them together into 12 important regions.

There were correlations between the genetic risk for ADHD and a range of other conditions, including depression and anorexia. That ties in with the idea that genetic variation might be important in a way that plays out system-wide. Some of the genes they identified are also known to be involved in other neurological conditions, including speech and learning disabilities, depression, and schizophrenia.

Businesses

Uber Fined Nearly $1.2 Million By Dutch, UK Over 2016 Data Breach (cnbc.com) 30

British and Dutch authorities fined Uber a combined $1.17 million for a 2016 data breach that exposed the personal details of millions of customers. "The U.K.'s Information Commissioner's Office (ICO) announced a $491,284 fine against the ride-sharing company for 'failing to protect customers' personal information during a cyber attack' in October and November of 2016," reports CNBC. "The Dutch Data Protection Authority imposed its own $679,257 penalty for the same incident." From the report: The 2016 cyberattack allowed hackers to access the personal details, including full names, email addresses and phone numbers, of 2.7 million Uber customers in the U.K. and 174,000 in the Netherlands, authorities said. The U.K.'s ICO said the cyberattack represented a "serious breach" of the country's Data Protection Act of 1998 by exposing customers and drivers to increased risk of fraud. The Dutch regulator said it was fining Uber because it did not report the breach within the country's mandated 72-hour window.

In September, Uber agreed to pay $148 million to settle claims related to the 2016 data breach to states across the U.S. and Washington, D.C. In a statement Tuesday, an Uber spokesperson said the company is "pleased to close this chapter on the data incident from 2016."

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