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Businesses

Mt. Gox CEO Returns To Twitter, Enrages Burned Investors 281

Posted by samzenpus from the poking-the-bear dept.
An anonymous reader writes Mark Karpeles doesn't seem to understand how much anger and trouble the $400 million Mt. Gox fiasco caused his customers. According to Wired: "After a long absence, the Mt Gox CEO has returned to Twitter with a bizarre string of tone-deaf tweets that were either written by a Turing test chat bot, or by a man completely oblivious to the economic chaos he has wrought. His first message after losing hundreds of millions of dollars worth of bitcoins? 'What would we do without busybox?'—a reference to a slimmed-down Linux operating system used on devices such as routers. He's also Tweeted about a noodle dish called yakisoba and Japanese transportation systems." Andreas Antonopoulos, the CSO with Blockchain says, "He continues to be oblivious about his own failure and the pain he has caused others. He is confirming that he is a self-absorbed narcissist with an inflated sense of self-confidence who has no remorse."
United States

Chinese Vendor Could Pay $34.9M FCC Fine In Signal-Jammer Sting 188

Posted by samzenpus from the jam-cracker dept.
alphadogg writes A Chinese electronics vendor accused of selling signal jammers to U.S. consumers could end up leading the market in one dubious measure: the largest fine ever imposed by the Federal Communications Commission. The agency wants to fine CTS Technology $34,912,500 for allegedly marketing 285 models of jammers over more than two years. CTS boldly—and falsely—claimed that some of its jammers were approved by the FCC, according to the agency's enforcement action released Thursday. Conveniently, CTS' product detail pages also include a button to "report suspicious activity." The proposed fine, which would be bigger than any the FCC has levied for anti-competitive behavior, or a wardrobe malfunction, comes from adding up the maximum fines for each model of jammer the company allegedly sold in the U.S. The agency also ordered CTS, based in Shenzhen, China, to stop marketing illegal jammers to U.S. consumers and identify the buyer of each jammer it sold in the U.S.
Communications

How Secret Partners Expand NSA's Surveillance Dragnet 63

Posted by timothy from the if-they're-gonna-do-it-anyhow dept.
Advocatus Diaboli (1627651) writes It has already been widely reported that the NSA works closely with eavesdropping agencies in the United Kingdom, Canada, New Zealand, and Australia as part of the so-called Five Eyes surveillance alliance. But the latest Snowden documents show that a number of other countries, described by the NSA as "third-party partners," are playing an increasingly important role – by secretly allowing the NSA to install surveillance equipment on their fiber-optic cables. The NSA documents state that under RAMPART-A, foreign partners "provide access to cables and host U.S. equipment." This allows the agency to covertly tap into "congestion points around the world" where it says it can intercept the content of phone calls, faxes, e-mails, internet chats, data from virtual private networks, and calls made using Voice over IP software like Skype.
The Almighty Buck

2 US Senators Propose 12-Cent Gas Tax Increase 619

Posted by timothy from the electrifying-news dept.
An anonymous reader writes There are several proposals on the table to stave off the impending insolvency of the Highway Trust Fund (which pays for transit, biking, and walking projects too) in two months. Just now, two senators teamed up to announce one that might actually have a chance. Senators Bob Corker (R-TN) and Chris Murphy (D-CT) have proposed increasing the gas tax by 12 cents a gallon over two years. The federal gas tax currently stands at 18.4 cents a gallon, where it has been set since 1993, when gas cost $1.16 a gallon.
Encryption

Ask Slashdot: How To Bequeath Sensitive Information? 208

Posted by timothy from the and-to-my-terrrible-son-william dept.
New submitter UrsaMajor987 (3604759) writes I recently retired after a long career in IT. I am not ready to kick the bucket quite yet, but having seen the difficulty created by people dying without a will and documenting what they have and where it is, I am busy doing just that. At the end of it all, I will have documentation on financial accounts, passwords, etc., which I will want to share with a few people who are pretty far away. I can always print a copy and have it delivered to them, but is there any way to share this sort of information electronically? There are lots of things to secure transmission of data, but once it arrives on the recipients' desktop, you run the risk of their system being compromised and exposing the data. Does anyone have any suggestions? Is paper still the most secure way to go?
The Courts

US Supreme Court Invalidates Patent For Being Software Patent 220

Posted by timothy from the arts-and-science-vs-arts-and-sausages dept.
ciaran_o_riordan (662132) writes The US Supreme Court has just invalidated a patent for being a software patent! To no fanfare, the Court has spent the past months reviewing a case, Alice v. CLS Bank, which posed the question of "Whether claims to computer-implemented inventions ... are directed to patent-eligible subject matter." Their ruling was just published, and what we can say already is that the court was unanimous in finding this particular software patent invalid, saying: "the method claims, which merely require generic computer implementation, fail to transform that abstract idea into a patent-eligible invention," and go on to conclude that because "petitioner's system and media claims add nothing of substance to the underlying abstract idea, we hold that they too are patent ineligible." The End Software Patents wiki has a page for commenting the key extracts and listing third-party analyses. Analysis will appear there as the day(s) goes on. Careful reading is needed to get an idea of what is clearly invalidated (file formats?), and what areas are left for future rulings. If you can help, well, it's a wiki. Software Freedom Law Center's website will also be worth checking in the near future.
Cellphones

Google and Microsoft Plan Kill Switches On Smartphones 137

Posted by timothy from the ok-but-do-you-want-this-in-syria-or-china dept.
itwbennett (1594911) writes "Responding to more than a year of pressure, Google and Microsoft will follow Apple in adding an anti-theft "kill switch" to their smartphone operating systems. In New York, iPhone theft was down 19 percent in the first five months of this year. Over the same period, thefts of Samsung devices — which did not include a kill switch until one was introduced on Verizon-only models in April — rose by over 40 percent. In San Francisco, robberies of iPhones were 38 percent lower in the six months after the iOS 7 introduction versus the six months before, while in London thefts over the same period were down by 24 percent. In both cities, robberies of Samsung devices increased. 'These statistics validate what we always knew to be true, that a technological solution has the potential to end the victimization of wireless consumers everywhere,' said San Francisco District Attorney George Gascon."
Encryption

TrueCrypt Author Claims That Forking Is Impossible 250

Posted by timothy from the it's-forking-impossible-man dept.
An anonymous reader writes On a request from Matthew Green to fork the TrueCrypt code, the author answers that this is impossible. He says that this might be no good idea, because the code needs a rewrite, but he allows to use the existing code as a reference. "I am sorry, but I think what you're asking for here is impossible. I don't feel that forking TrueCrypt would be a good idea, a complete rewrite was something we wanted to do for a while. I believe that starting from scratch wouldn't require much more work than actually learning and understanding all of truecrypts current codebase. I have no problem with the source code being used as reference."
Government

IRS Recycled Lerner Hard Drive 682

Posted by timothy from the but-please-keep-your-tax-records-forever dept.
phrackthat (2602661) writes The Senate Finance Committee has been informed that the IRS recycled the hard drive of Lois Lerner, which will deprive investigators of the ability to forensically retrieve emails which were supposedly deleted or lost in a "crash." This news comes after the IRS revealed that it had lost the emails of Lois Lerner and six other employees who were being investigated regarding the targeting of conservative groups and donors.
The Internet

Former FCC Head: "We Should Be Ashamed of Ourselves" For State of Broadband 118

Posted by samzenpus from the feeling-bad dept.
An anonymous reader writes A group of internet industry executives and politicians came together to look back on the Telecommunications Act of 1996, and to do a little crystal-ball gazing about the future of broadband regulation in the United States. Former FCC commissioner Michael Copps was among the presenters, and he had sharp words for the audience about the "insanity" of the current wave of merger mania in the telecom field and the looming threats of losing net neutrality regulation.

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