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Submission + - U.S. Financial Regulators See Bitcoin As Threat To Market Stability

An anonymous reader writes: The Financial Stability Oversight Council (FSOC), a group of powerful U.S. regulators, has warned that Bitcoin and blockchain technologies could present a threat to financial stability and has advised that market structures should adapt in preparation for a reduced importance of conventional, centralized banking. The group highlighted in its annual report that distributed ledger systems would lead to uncertainty and risks which should be closely monitored by market participants and regulatory bodies. The report explained: ‘Market participants have limited experience working with distributed ledger systems, and it is possible that operational vulnerabilities associated with such systems may not become apparent until they are deployed at scale.’

Submission + - Pentagon's first bug bounty leads to new responsible disclosure policy (windowsitpro.com)

v3rgEz writes: Between April 18 and May 12, over 1,400 attackers set their sights on the Pentagon, finding 138 security holes ranging from Cross-Site Scripting attacks to SQL injections. The attacks, part of the Department of Defense's first bug bounty program, were so successful the DOD decided to invite the hackers back and make it a regular event. It's also lead the DOD to decide on setting up a "responsible disclosure" policy, which a DOD official said would allow attackers to report flaws "without fear of prosecution" in the future.

Submission + - Tech Companies Consider Storing Data in DNA Strands (ieee.org)

the_newsbeagle writes: Technologists from IBM, Intel, and Microsoft recently joined academics at a meeting hosted by IARPA (the intelligence community's R&D wing), where they discussed the feasibility of storing data in the form of twisting strands of DNA. The tech companies are interested because DNA is the densest information storage medium we know: "By converting digital files into biological material, warehouse-size storage facilities could theoretically be replaced by diminutive test tubes." And the intelligence community is interested because all their surveillance is generating a lot of data that has to be stashed somewhere.

Submission + - Fujitsu picks 64-bit ARM for Post-K supercomputer (theregister.co.uk)

An anonymous reader writes: Today, at the International Supercomputing Conference 2016 in Frankfurt, Germany, Fujitsu revealed its Post-K machine will run on ARMv8 architecture. The Post-K machine is supposed to have 100 times more application performance than the K Supercomputer – which would make it a 1,000 PFLOPS beast – and is due to go live in 2020. The K machine is the fifth fastest known super in the world, it crunches 10.5 PFLOPS, needs 12MW of power, and is built out of 705,000 Sparc64 VIIIfx cores.

Submission + - Intel Ships 72-Core Knight's Landing Xeon Phi Processors (hothardware.com)

MojoKid writes: It has been nearly two years since we first heard about Intel's next generation Xeon Phi "Knights Landing" processors, which are designed for High Performance Computing (HPC) applications. The processors are a big part of Intel's Scalable System Framework (SSF) and are built on using general-purpose x86 architecture and open standards. Today, Intel announced that its Xeon Phi processors are finally available to customers, nearly a year after the company's originally-quoted launch date. Intel Xeon Phi processors feature double-precision performance in excess of 3 teraflops along with 8+ teraflops of single-precision performance. All Xeon Phi processors incorporate 16GB of on-package MCDRAM memory, which Intel says is five times more power efficient as GDDR5 and offers 500GB/s of sustained memory bandwidth. MCDRAM can effectively be used as a high-speed cache or as a complimentary addition to the system DDR4 memory. Intel is targeting its Xeon Phi as a more competitive solution versus NVIDIA's dedicated Tesla GPU accelerators, citing up to a 5.2x performance advantage in visualization, up to a 2.7x in mathematical modeling, and up to a 5x increase in life sciences apps. The Xeon Phi is available in four basic configurations with 64 to 72 cores, and with processor frequencies ranging from 1.3GHz to 1.5GHz. All four support up to 384GB of DDR4 memory, but the base Xeon Phi 7210 is limited to the 2133MHz variety. Intel notes these are the company's first bootable host processors specifically designed for highly parallel workloads.

Submission + - FAA to relax Commercial drone flight rules (suasnews.com)

garymortimer writes: The FAA are expected to usher in the new drone era at 1300 EST on Tuesday 21st June 2016. They will announce Part 107, new regulations that will make it possible to fly drones for money without requiring a real pilots licence.

Remote PICs are required to:
  Be at least 16 years old Be able to read, speak, write, and understand the English language (FAA may make exceptions for medical reasons) Be in a physical and mental condition that would not interfere with the safe operation of suAS Pass an initial aeronautical knowledge test at an FAA-approved knowledge testing center (or pass this online course, for part 61 certificate holders) Obtain an unmanned aircraft operator certificate with a small UAS rating (like existing pilot airman certificates, never expires) Pass a recurrent aeronautical knowledge test every 24 months

Submission + - Red Hat Launches Ansible-Native Container Workflow Project (helpnetsecurity.com)

Orome1 writes: Red Hat launched Ansible Container under the Ansible project, which provides a simple, powerful, and agentless open source IT automation framework. Available now as a technology preview, Ansible Container allows for the complete creation of Docker-formatted Linux containers within Ansible Playbooks, eliminating the need to use external tools like Dockerfile or docker-compose. Ansible’s modular code base, combined with ease of contribution, and a community of contributors in GitHub, enables the powerful IT automation platform to manage today’s infrastructure, but also adapt to new IT needs and DevOps workflows.

Comment Re:Sources of Support (Score 1) 742

My response to the parent was intended to point out that members of congress sending letters to foreign leadership is most certainly illegal because congress does not have the authority to negotiate with foreign leaders. It wasn't intended to be a comment on the intellectual dishonesty of the Obama administration.

Submission + - Hackers spamming ISIS supporters on Twitter with graphic PORN (mirror.co.uk)

schwit1 writes: Online hackers are spamming ISIS supporters on Twitter by following them with THOUSANDS of graphic porn accounts.

The accounts, known as 'pornbots', feature nothing but graphic sexual images and are automatically generated, but almost never tweet and therefore cannot be deleted as spam.

The hackers target tweeters who use a lot of ISIS hashtags and strike rapidly, sometimes following them with several hundred accounts in just a few minutes.

Comment Re:Make DRM a double-edged sword (Score 1) 380

The main rationale behind wedding the eBook price to the physical price is the publishers relationship to their physical distributors. In the same way that the video game industry is dependent on the marketing, and promotion of GameStop the book publishers are dependent on their relationship with their brick and mortar store. This was one of the reasons behind the publishers motivations for their price fixing scheme with Apple. It was at the behest of the book stores.

The thing is they are kind of stuck. A significant portion of their profits are still made from physical media because they make more per sale off of those goods so they can't afford pissing off their retailers and having all of their new releases relegated to the back shelf by the bathrooms.

Comment Re:Get ready everyone with anything (Score 2) 189

The thing is that at the scale Google and co operate at even a minute different in tax rates can make it economically viable to hide the money offshore. If you lower the tax rate to accommodate their demands you create a race to the bottom as every country trying to get those tax dollars lowers their tax rate to less than their "competitors." And who are the losers in this arrangement? We are. The people who have to foot the deficit created in the governments budget on account of lost tax revenue.

As for the statistic about tax laws and regulation the US has over 660,000 pages. The UK should be weak sauce compared to that!

Submission + - E Ink goes full-color (mashable.com)

SkinnyGuy writes: The reflective display company finally figured out how to make those ultra tiny balls produce 32,000 colors in one super-low-powered display. It's a breakthrough for E Ink, display advertising and, maybe someday, e-readers and digital photo frames.

Submission + - Microsoft Adds Network 3D Printer Support For Raspberry Pi, Windows 10 IoT Core

Mickeycaskill writes: Microsoft has added support for networked 3D printers to the Windows 10 IoT Core platform, which is used by devices such as gateways and the Raspberry Pi

The Network 3D Printer app connects 3D printers via Wi-Fi and lets multiple Windows devices link up across a network. 3D printers will act like any other network device, such as a scanner or wireless mouse, which can then be simply added on to the PC.

Microsoft included a 3D printing app in Windows 10, the aptly-named Microsoft 3D Builder, but says that the new launch will support other services too.

A recent report from Gartner predicts 3D printers are set to become a common presence in homes and businesses. Analysts forecast shipments will more than double every year between 2016 and 2019, reaching more than 5.6 million.

Comment Re:but nowhere as efficient as (Score 1) 324

This is just dumb. Firstly this is in Nevada. A place with precious little water to spare for a hydro system as well as a myriad of obscenely complicated water rights dating back over a hundred years. Even looking crosswise at the local rivers for use in hydro generation would cost you more money than the railroad system proposed here, and that doesn't even begin to describe the outcry environmentalists will have in the US over the construction of a dam. All said and done a new hydro system will probably cost as much as a nuclear plant.

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