China

Reality Bytes: A Highflying Tech Entrepreneur Crashes Back To Earth (wsj.com) 64

An anonymous reader shares a WSJ article: Entrepreneur Jia Yueting likes to say that Apple is outdated, China's big technology companies are innovation-killing monopolies and his company, LeEco, is the real industry disrupter. That swagger served Mr. Jia in building an empire that sprawled across seven industries, from online video content to smartphones to electric cars. By having the ambition to take on Apple, Tesla and Netflix all at once, Mr. Jia seemed to embody the boundless promise of the huge China market. And investors responded favorably. Deal makers like HNA Capital and Legend Holdings bought in, as did the city government of tech hub Shenzhen, as well as movie director Zhang Yimou and other celebrities. British sports car maker Aston Martin joined up to develop electric vehicles. The U.S. state of Nevada promised $200 million in incentives for Mr. Jia's electric car venture, Faraday Futures, to build a $1 billion plant there. And LeEco unveiled a $2 billion deal to buy U.S. TV-maker Vizio. Now, most of those deals are dead or struggling and Mr. Jia's dreams are fading away due to a cash crunch and worried creditors (could be paywalled). On Thursday he resigned as chairman of a listed unit of LeEco, Leshi Internet Information & Technology, though he will remain the chairman of the holding company. That move comes after a Shanghai court last week -- at the behest of China Merchants Bank -- froze $181 million worth of his assets and $2 billion in shares over a missed interest payment.
United States

Hackers Targeting US Nuclear Power Plants, Report Finds (cnet.com) 91

For the past couple of months, hackers have breached the computer networks of companies that operate nuclear power facilities in the US, according to a new report from federal law enforcement officials. From a report: One of the companies targeted was the Wolf Creek Nuclear Operating Corporation, which operates a nuclear facility near Burlington, Kansas, according to a joint report issued last week by the FBI and Department of Homeland Security and described by The New York Times. The report carried an urgent amber warning, the second-highest rating for the severity of the threat, the Times reported. Organizations running the nation's energy, nuclear and other critical infrastructure have become frequent targets for cyberattacks in recent years. In a 2013 executive order, President Barack Obama called cyberattacks "one of the most serious national security challenges we must confront."
Businesses

A Year After 'Pokemon Go', Where Are the Augmented-Reality Hits? (theaustralian.com.au) 105

A year after "Pokemon Go" prompted throngs of people to scour parks and streets for monsters visible only through smartphones, hit games made with augmented reality are rarer than a Snorlax. From a report: In fact, analysts say, the monster-hunting blockbuster drove only a brief spike in games using the nascent technology, which blends digital images with a person's view of the real world. That is surprising, considering the ubiquity of screenshots showing Pokemon invading players' work desks, kitchen counters and other locations of everyday life. "Pokemon Go" reached $1 billion in revenue globally just seven months after its release last July -- faster than any other mobile game, including Activision Blizzard's "Candy Crush Saga," according to App Annie. There are thousands of augmented-reality games among the millions of apps in the Apple and Alphabet stores. None, though, has come close to the success of "Pokemon Go." There are several reasons why, industry observers say. One is that the allure of "Pokemon Go" wasn't primarily its augmented reality. While the game's digital monsters materialise as if in the real world, they don't interact with it. A Snorlax might appear next to a tree, but the catlike creature won't peek from behind it. Many players who took up hunting the monsters ended up turning off the augmented-reality feature.
Privacy

Germany Says Cyber Threat Greater Than Expected, More Firms Affected (reuters.com) 27

From a Reuters report, shared by a few readers on Twitter: Germany's BSI federal cyber agency said on Friday that the threat posed to German firms by recent cyber attacks launched via a Ukrainian auditing software was greater than expected, and some German firms had seen production halted for over a week. Analyses by computer experts showed that waves of attacks had been launched via software updates of the M.E.Doc accounting software since April, the BSI said in a statement.
Encryption

The Pentagon Says It Will Start Encrypting Soldiers' Emails Next Year (vice.com) 63

An anonymous reader shares a Motherboard report: Basic decade-old encryption technology is finally coming to Pentagon email servers next year. For years, major online email providers such as Google and Microsoft have used encryption to protect your emails as they travel across the internet. That technology, technically known as STARTTLS, isn't a cutting edge development -- it's been around since 2002. But since that time the Pentagon never implemented it. As a Motherboard investigation revealed in 2015, the lack of encryption potentially left some soldiers' emails open to being intercepted by enemies as they travel across the internet. The US military uses its own internal service, mail.mil, which is hosted on the cloud for 4.5 million users. But now the Defense Information Systems Agency or DISA, the Pentagon's branch that oversees email, says it will finally start using STARTTLS within the year, according to a letter from DISA. DISA's promise comes months after Senator Ron Wyden (D-Oregon) said he was concerned that the agency wasn't taking advantage of "a basic, widely used, easily-enabled cybersecurity technology."
Businesses

Stream-ripping Is 'Fastest Growing' Music Piracy (bbc.com) 254

Stream-ripping is now the fastest-growing form of music piracy in the UK, new research has suggested. From a report: Several sites and apps allow users to turn Spotify songs, YouTube videos and other streaming content into permanent files to store on phones and computers. Record labels claim that "tens, or even hundreds of millions of tracks are illegally copied and distributed by stream-ripping services each month." One service alone is thought to have more than 60 million monthly users. According to research by the Intellectual Property Office and PRS For Music, 15 percent of adults in the UK regularly use these services, with 33 percent of them coming from the 16-24 age bracket. Overall usage of stream-ripping sites increased by 141.3 percent between 2014 and 2016, overshadowing all other illegal music services.
Businesses

Qualcomm Seeks To Ban Imports And Sales of Apple iPhones in New Lawsuit (cnbc.com) 129

Chipmaker Qualcomm is asking U.S. trade regulators to ban iPhone imports, according to a new lawsuit. From a report: Apple has allegedly infringed on six of Qualcomm's patents, including technology that improves iPhone battery life, according to Qualcomm. Now Qualcomm wants Apple to pay damages. "Apple continues to use Qualcomm's technology while refusing to pay for it," Don Rosenberg, executive vice president and general counsel of Qualcomm, said in a statement. Qualcomm ultimately wants regulators to investigate which phones use cellular processors from Qualcomm's competitors, and halt sales of iPhones that violate the patents. Qualcomm said it has filed complaints in the U.S. District Court for the Southern District of California and with the United States International Trade Commission. It's not immediately clear how many iPhones that would affect.
Businesses

Once Valued at $3.2B, Wearable Company Jawbone Shuts Down, CEO Launches New Startup: Report (axios.com) 92

Consumer hardware company Jawbone is being liquidated, according to The Information. From a report: The San Francisco-based company, which once was valued at $3.2 billion by private investors, has hired Sherwood Partners to handle the wind-down process and assume its ongoing litigation with rival FitBit. Jawbone 2.0: Co-founder and CEO Hosain Rahman reportedly has formed a new company, named Jawbone Health Hub, that has hired many of Jawbone's employees and will take over servicing Jawbone's products. BlackRock, which loaned Jawbone $300 million in 2015, has a stake in the new company. No other existing Jawbone investor has a stake in the new startup, with one telling Axios that his firm has been kept in the dark.
United States

222,000 Jobs Added To US Payrolls In June; Unemployment Rate Rises To 4.4 Percent (npr.org) 300

From an NPR report: An estimated 222,000 jobs were added to the U.S. economy in June, according to the monthly employment report released by the Bureau of Labor Statistics Friday. "The job gains were better than expected -- most economists had predicted a gain of 180,000 jobs," NPR's Chris Arnold reports for our Newscast unit. The unemployment rate rose slightly to 4.4 percent from 4.3 percent -- a 16-year low that was hit in May. "Since January, the unemployment rate and the number of unemployed are down by 0.4 percentage point and 658,000, respectively," the BLS says. Previous estimates of job gains in recent months were revised upwards -- from 138,000 to 152,000 in May and from 174,000 to 207,000 in June, for a net gain of 47,000.
Australia

Elon Musk Promises World's Biggest Lithium Ion Battery To Australia (cnn.com) 272

Elon Musk is following through on his promise to solve an energy crisis in Australia. From a report: His electric car company, Tesla, has teamed up with a French renewable energy firm and an Australian state government to install the world's largest lithium ion battery. Paired up with a wind farm in the state of South Australia, the battery will be three times more powerful than the next biggest in the world, Musk said at a news conference in the city of Adelaide on Friday. "If South Australia's willing to take a big risk, then so are we," he said. The announcement comes after billionaire entrepreneur Mike Cannon-Brookes threw down the gauntlet to Musk in March, asking if Tesla was serious when it claimed it could quickly end blackouts in South Australia. "Tesla will get the system installed and working 100 days from contract signature or it is free. That serious enough for you?" Musk wrote on Twitter at the time.
Government

White House Could Use AT&T/Time Warner Deal As 'Leverage' Against CNN (arstechnica.com) 302

An anonymous reader shares an excerpt from a report via Ars Technica: AT&T seems to be on track to close its purchase of Time Warner Inc., but President Donald Trump's hatred of Time Warner property CNN could still be a "wild card" in the deal. Trump's feud with CNN was described yesterday in a New York Times article titled "The Network Against the Leader of the Free World." Within that article is one tidbit that could affect AT&T's proposed $85.4 billion purchase of Time Warner, which owns CNN and other media properties such as HBO and Turner Broadcasting System: "White House advisers have discussed a potential point of leverage over their adversary, a senior administration official said: a pending merger between CNN's parent company, Time Warner, and AT&T. Mr. Trump's Justice Department will decide whether to approve the merger, and while analysts say there is little to stop the deal from moving forward, the president's animus toward CNN remains a wild card."

Separately, The Daily Caller wrote today that Trump doesn't want the merger to be approved unless CNN President Jeff Zucker is fired. The conservative news website attributed the information to "a source familiar with President Trump's thinking." Zucker told the New York Times that the pending merger has not affected his journalistic or management decisions.

Medicine

Personalized Cancer Vaccines Safely Fight, Kill Tumors In Early Human Trials (arstechnica.com) 73

Emily Mullin reports via MIT Technology Review: Now two personalized cancer vaccine approaches appear to have safely prevented cancer relapse in a dozen patients with late-stage skin cancer. In recent years, scientists have realized that each patient's tumor harbors a unique set of genetic characteristics, or mutations. So for cancer vaccines to be effective, they'll probably also have to be unique. Two clinical trials, detailed today in separate papers in Nature, are among the first to show that this might be possible. In one trial, eight of 13 melanoma patients who got a personalized cancer vaccine were tumor-free nearly two years after being treated. In a smaller study, four of the six patients who received a vaccine had no detectable cancer for more than two years after treatment. All patients had their tumors surgically removed before getting the vaccine. The customized vaccines are an emerging class of therapies that take advantage of neoantigens, proteins that appear on tumors and seem to be specific to each cancer patient. To make the vaccines, researchers first sequenced DNA and RNA extracted from each patient's tumor. They then used computer algorithms to analyze the mutations on each tumor and predict the best targets that code for neoantigens. Based on that data, they created a personalized vaccine containing up to 20 of these neoantigens. Each patient received several injections of the vaccine over a few months.
Science

Scientists Have Detected a New Particle At the Large Hadron Collider At CERN (bbc.com) 86

New submitter ag144 writes: First time witnessed, the Large Hadron Collider finds predicted double-heavy particle. BBC reports: "Nearly all the matter that we see around us is made of neutrons and protons, which form the centers of atoms. These are made up of three smaller particles called quarks which can be either light or heavy. There are, however, six different types of quarks which combine in different ways to form other kinds of particle. Those that have been detected so far contain at most, one heavy quark. This is the first time that researchers have confirmed the existence of one with two heavy quarks. The research team will now measure the properties of the Xi-cc++ to establish how this new arrangement of quarks behaves and how the strong force holds the system together. They also expect to find more double heavy quark particles. Another unusual property of the particle is that it has two positive charges double that of the proton and it is four times heavier."
Transportation

Getting Rid of Carpool Lanes Could Double Travel Times (sciencemag.org) 245

An anonymous reader quotes a report from Science Magazine: Eliminating carpool lanes could almost double drivers' traveling times, according to a new study. The findings come thanks to an unusual decision made by the government of Jakarta last year. Following allegations that drugged babies from poor households were being used as "jockeys," or passengers for hire, Indonesian lawmakers repealed the so-called three-in-one restriction. The law had required cars driving on the business district's main roads to carry at least three passengers during rush hours. To determine the impact on the city's drivers, Benjamin Olken, an economist at the Massachusetts Institute of Technology in Cambridge, and colleagues queried Google Maps for real-time driving-speed data before and after the new policy went into effect. Following the policy lift, travel delays, defined as the time it takes to travel 1 kilometer, increased by 46% in the morning and almost 90% in the evening, the team reports today in Science. But the most startling result is that phasing out the three-in-one policy led to worse traffic during times of the day and on roads where there had never been restrictions in place, Olken says. One possible explanation, he says, is that the three-in-one restriction led fewer people to drive into the city. "Maybe they carpooled, took public transit, or worked from home."
Power

France Set To Ban Sale of Petrol and Diesel Vehicles By 2040 (bbc.com) 375

France is planning to ban the sale of any car that uses petrol or diesel fuel by 2040. The planned ban on fossil fuel vehicles is part of a renewed commitment to the Paris climate deal, reports BBC. From the report: Hybrid cars make up about 3.5% of the French market, with pure electric vehicles accounting for just 1.2%. It is not yet clear what will happen to existing fossil fuel vehicles still in use in 2040. President Trump's decision to withdraw from the Paris climate change agreement in June was explicitly named as a factor in France's new vehicle plan. "France has decided to become carbon neutral by 2050 following the U.S. decision," Nicolas Hulot, France's ecology minister, said, adding that the government would have to make investments to meet that target. Poorer households would receive financial assistance to replace older, more polluting vehicles with cleaner ones, he said. Other targets set in the French environmental plan include ending coal power plants by 2022, reducing nuclear power to 50% of total output by 2025, and ending the issuance of new oil and gas exploration licenses.

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