Bitcoin

Hackers Keep Robbing Cryptocurrency YouTubers (theverge.com) 26

Hackers are going after YouTubers who make videos about cryptocurrencies. Adrianne Jeffries, reporting for The Verge: Cryptocurrency vlogging has exploded on YouTube over the last two years. In the last 90 days, there were 122,000 videos on cryptocurrency or Bitcoin uploaded to YouTube, garnering 328 million views, according to video analytics platform Tubular Labs. As it turns out, YouTubers are juicy targets for hackers because they share so much information about themselves. They often share their screens as they make trades, which can reveal what apps, usernames, and cryptocurrency addresses they use. They may even tell their followers what systems they use to secure their holdings, which can end up being a blueprint for attackers.

"You have to be very careful about that stuff as a YouTuber," says Peter Saddington, the host of Decentralized TV on YouTube who infamously bought a Lamborghini with his Bitcoin earnings. "In my early days of YouTube, I used to show my trades. I learned that was not a good idea." Saddington was hacked in late 2017.

Advertising

German Supreme Court Rules Ad Blockers Legal (faz.net) 53

New submitter paai writes: The publishing company Axel Springer tried to ban the use of ad blockers in Germany because they endanger the digital publishing of news stories. The Oberlandesgericht Koln (Germany's Higher Regional Court of Cologne) followed this reasoning and forbade the use of ad blockers on the grounds that the use of white lists was an aggressive marketing technique. [The business model allows websites to pay a fee so that their "non aggressive" advertisements can bypass AdBlock Pro's filters. Larger companies like Google can afford to pay to have the ban lifted on their website.] The Bundesgerichtshof (Federal Court of Justice or BGH) destroyed this court ruling today and judged that users had a right to filter out advertisements in web pages.
Businesses

Netflix Could Start Buying Movie Theaters to Help Films Gain a Boost in Oscar Race, Report Says (indiewire.com) 39

Netflix has made a strong effort to land Oscar nominations since debuting its first original feature, "Beasts of No Nation," in 2015. The next step in the streaming giant's plan to secure film awards could be to buy and own movie theaters. IndieWire: A new report from the Los Angeles Times says Netflix is considering buying theaters in Los Angeles and New York in order to gain a boost during Oscar season. People familiar with the situation say the theaters would be used to give greater exposer to the feature and documentary titles Netflix is hoping to push into the awards race. According to the Times, Netflix executives originally considered purchasing the Los Angeles-based Landmark Theaters, which is co-owned by Mark Cuban. The theaters are well known for attracting awards voters by running first-run features, documentaries, and foreign films during Oscar season. Sources close to Netflix confirm the company has no current plans to buy Landmark properties. Landmark has three Los Angeles locations and 53 theaters overall in the U.S. Sources close to Netflix.
United States

The Higher Your Salary, the More Time Your Employer Will Pay You Not To Work (qz.com) 313

The best-paid workers in the US not only make more money than many of their colleagues, they also tend to get more paid vacation days. An anonymous reader shares a report: An annual survey of of employee benefits conducted by the US government shows that, in 2017, nearly half of the people in the top 25% of earners received at least 10 days of paid vacation. The bottom 25% was not so lucky -- only around a tenth of them received such generous leave. Paid vacation time is often overlooked in measures of pay inequality in the US, because the value of time off does not appear in the household income statistics.
Businesses

Pasta Is Good For You, Say Scientists Funded By Big Pasta (buzzfeed.com) 180

Earlier this month, numerous news outlets reported on a study which concludes that eating pasta is good for health. In fact, the reports claimed, eating pasta could help you lose weight. Except, there is more to the story. BuzzFeed News reports: What those and many other stories failed to note, however, was that three of the scientists behind the study in question had financial conflicts as tangled as a bowl of spaghetti, including ties to the world's largest pasta company, the Barilla Group. Over the last decade or so, with the rise of the Atkins, South Beach, paleo, and ketogenic diets, Big Pasta has battled a societal shift against carbohydrates -- and funded and promoted research suggesting that noodles are good for you.

At least 10 peer-reviewed studies about pasta published since 2008 were either funded directly by Barilla or, like the one published this month, were carried out by scientists who have had financial ties to the company, which reported sales of 3.4 billion euros ($4.2 billion) in 2016. For two years, Barilla has publicized some of these studies, plus others favorable to its product, on its website with taglines like "Eat Smart Be Smart...With Pasta" and "More Evidence Pasta Is Good For You." And the company hired the large public relations firm Edelman to push the latest study's findings to journalists.

Google

Turn Right at the Burger King: Google Maps Begins Using Landmarks To Help With Guidance (techcrunch.com) 127

Most navigation apps give you instructions based on streets or distance. But it's arguably in contrast to how people usually provide directions -- some usually point to landmarks that are easier to spot. Google sees some merit in that. The idea is that Google Maps is highlighting some landmarks and other points of interest (fast food restaurants) to help with guidance. TechCrunch reports that some users are already seeing this on Google Maps. And maybe to Google, this opens door for some business opportunities as well. Only time will tell.
Businesses

Marissa Mayer is Back (bloomberg.com) 85

Former Yahoo Chief Executive Officer Marissa Mayer is starting a technology business incubator, Lumi Labs, with longtime colleague Enrique Munoz Torres, she revealed in an interview with The New York Times. Bloomberg: The venture will focus on consumer media and artificial intelligence, according to the company's website, which is set against a backdrop of snow-covered peaks. Lumi means snow in Finnish, Mayer told the New York Times, which reported the news earlier Wednesday. The next project for Mayer, who was an early employee at Google and worked there until leaving to run Yahoo in 2012, had been a matter of considerable speculation in Silicon Valley. She left Yahoo, once a leading search engine and web destination, after it was sold to Verizon Communications last year.
Businesses

Finland Is Killing Its Basic Income Experiment (businessinsider.com) 486

tomhath shares a report: Since the beginning of last year, 2000 Finns are getting money from the government each month -- and they are not expected to do anything in return. The participants, aged 25-58, are all unemployed, and were selected at random by Kela, Finland's social-security institution. Instead of unemployment benefits, the participants now receive $690 per month, tax free. Should they find a job during the two-year trial, they still get to keep the money. While the project is praised internationally for being at the cutting edge of social welfare, back in Finland, decision makers are quietly pulling the brakes, making a U-turn that is taking the project in a whole new direction. "Right now, the government is making changes that are taking the system further away from a basic income," Kela researcher Miska Simanainen told the Swedish daily Svenska Dagbladet.
EU

Facebook To Put 1.5 Billion Users Out of Reach of New EU Privacy Law (reuters.com) 90

An anonymous reader quotes a report from Facebook: If a new European law restricting what companies can do with people's online data went into effect tomorrow, almost 1.9 billion Facebook users around the world would be protected by it. The online social network is making changes that ensure the number will be much smaller. Facebook members outside the United States and Canada, whether they know it or not, are currently governed by terms of service agreed with the company's international headquarters in Ireland. Next month, Facebook is planning to make that the case for only European users, meaning 1.5 billion members in Africa, Asia, Australia and Latin America will not fall under the European Union's General Data Protection Regulation (GDPR), which takes effect on May 25. That removes a huge potential liability for Facebook, as the new EU law allows for fines of up to 4 percent of global annual revenue for infractions, which in Facebook's case could mean billions of dollars.
Businesses

Jeff Bezos Reveals That Amazon Has Over 100 Million Prime Subscribers (theverge.com) 110

Amazon CEO Jeff Bezos revealed today that the company has over 100 million Prime members, "marking the first time in the 13-year history of Amazon offering its Prime membership that the company has ever revealed its number of subscribers," reports The Verge. From the report: According to Bezos, Amazon Prime also saw its best year ever in 2017, with the company shipping over five billion products with Prime and signing up more new members than in any previous year. Also revealed today, Whole Foods Market will discontinue its rewards program on May 2 and fold it into Amazon Prime. "Stay tuned for additional announcements for Amazon Prime members," reads the Whole Foods FAQ page focused on digital coupons, rewards and online accounts. "Any account benefits, including membership and/or unused rewards, will not roll into any future programs."
Transportation

Autonomous Boats Will Be On the Market Sooner Than Self-Driving Cars (vice.com) 131

An anonymous reader quotes a report from Motherboard: In the autonomous revolution that is underway, nearly every transportation machine will eventually be self-driving. For cars, it's likely going to take decades before we see them operating freely, outside of test conditions. Some unmanned watercraft, on the other hand, may be at sea commercially before 2020. That's partly because automating all ships could generate a ridiculous amount of revenue. According to the United Nations, 90 percent of the world's trade is carried by sea and 10.3 billion tons of products were shipped in 2016. According to NOAA's National Ocean Service, ships transported $1.5 trillion worth of cargo through U.S. ports in 2016. The world's 325 or so deep-sea shipping companies have a combined revenue of $10 billion.

Startups and major firms like Rolls Royce are now looking to automate the seas and help maritime companies ease navigation, save fuel, improve safety, increase tonnage, and make more money. As it turns out, autonomous systems for boats aren't supremely different than those of cars, beyond a few key factors -- for instance, water is always moving while roads are not, and ships need at least a couple miles to redirect. Buffalo Automation, a startup in upstate New York that began at the University at Buffalo, just raised $900,000 to help commercialize its AutoMate system -- essentially a collection of sensors and cameras to help boats operate semi-autonomously. CEO Thiru Vikram said the company is working with three pilot partners, and intends to target cargo ships and recreational vessels first. Autonomous ships are an area of particular interest for the International Maritime Organization (IMO), which sets the standards for international waters. It launched a regulatory scoping exercise last year to analyze the impact of autonomous boats. By the time it wraps in 2020, market demand may make it so that we already have semi-autonomous and unmanned vessels at sea.

Bitcoin

German ICO Savedroid Pulls Exit Scam After Raising $50 Million (techcrunch.com) 183

German company Savedroid has pulled a classic exit scam after raising $50 million in ICO and direct funding. The site is currently displaying a South Park meme with the caption "Aannnd it's gone." The founder, Dr. Yassin Hankir, has posted a tweet thanking investors and saying "Over and out." TechCrunch reports: A reverse image search found Hankir's photo on this page for Founder Institute, and he has pitched his product at multiple events, including this one in German. Savedroid was originally supposed to use AI to manage user investments and promised a crypto-backed credit card, a claim that CCN notes is popular with scam ICOs. It ran for a number of months and was clearly well-managed as the group was able to open an office and appear at multiple events.
United Kingdom

Amazon Employee Explains the Poor Working Conditions of An Amazon Warehouse 300

Earlier this week, James Bloodworth, a former UK Amazon employee that worked undercover in the "fulfillment center" for six-months, released a book detailing the mistreatment of warehouse employees at the commerce company. He described the work culture as a prison after discovering that Amazon warehouse staff were peeing in bottles to avoid taking too many breaks. Since the report first broke, many Amazon employees have come out to share their thoughts on the working conditions, including one Reddit user who claims that "the post is pretty spot on": They don't monitor bathroom breaks, but [your] individual rate (or production goal) [doesn't] account for bathroom breaks, or... let's say there is a problem like you need [two] of something and there's only one left, well you have to put on your "andon"... wait for someone to come "fix" for you, all the while your rate is dropping. The [two] most common reasons [people] get fired are not hitting rate, and attendance. They don't really try to help you hit rate, they just fire and replace.

My first week there [two] [people] collapsed from dehydration. It's so [commonplace] to see someone collapse that nobody is even shocked anymore. You'll just hear a manager complain that he has to do some report now, while a couple of new [people] try to help the guy (veterans won't risk helping [because] it drips rate). No sitting allowed, and there's nowhere to sit anywhere except the break rooms. Before the robots (they call them kivas) pickers would regularly walk 10-15 miles a day, now it's just stand for 10-12 hours a day. [People] complain about the heat all the time but we just get told 80 degrees (Fahrenheit obviously) is a safe working temp. [Sometimes] they will pull out a thermometer, but even when it hits 85 they just say it's fine. There's been deaths, at least one in my building... Amazon likes to keep it all hush hush. Heard about others, you can find the stories if you search for it, but Amazon does a good job burying it...
Amazon has denied the allegations, saying: "Amazon ensures all of its associates have easy access to toilet facilities which are just a short walk from where they are working. Amazon provides a safe and positive workplace for thousands of people across the UK with competitive pay and benefits from day one. We have not been provided with confirmation that the people who completed the survey worked at Amazon and we don't recognize these allegations as an accurate portrayal of activities in our buildings."
Businesses

Robots Ride To the Rescue Where Workers Can't Be Found (nytimes.com) 81

Fast-growing economies in Eastern Europe have led to severe labor shortages, so companies are calling in the machines [Editor's note: the link may be paywalled]. From a report: In many major economies, companies are experimenting with replacing factory workers, truck drivers and even lawyers with artificial intelligence, raising the specter of a mass displacement of jobs. But in Eastern Europe, robots are being enlisted as the solution for a shortage of workers. Often they are helping to create new types of jobs as businesses in the Czech Republic, Hungary, Slovakia and Poland try to stay agile and competitive. Growth in these countries, which became low-cost manufacturing hubs for Europe after the fall of Communism, has averaged 5 percent in recent years, buoyed by the global recovery.

Few are riding higher than the Czech Republic, where plants roll out cars for the likes of Toyota and consumer electronics for Dell, while smaller companies produce specialty goods to sell around the world. A roaring economy has slashed the jobless rate to just 2.4 percent, the lowest in the European Union. The dearth of manpower, however, has limited the ability of Czech companies to expand. Nearly a third of them have started to turn away orders, according to the Czech Confederation of Industry, a trade group.

The Internet

Russia Admits To Blocking Millions of IP Addresses (sfgate.com) 72

It turns out, the Russian government, in its quest to block Telegram, accidentally shut down several other services as well. From a report: The chief of the Russian communications watchdog acknowledged Wednesday that millions of unrelated IP addresses have been frozen in a so-far futile attempt to block a popular messaging app. Telegram, the messaging app that was ordered to be blocked last week, was still available to users in Russia despite authorities' frantic attempts to hit it by blocking other services. The row erupted after Telegram, which was developed by Russian entrepreneur Pavel Durov, refused to hand its encryption keys to the intelligence agencies. The Russian government insists it needs them to pre-empt extremist attacks but Telegram dismissed the request as a breach of privacy. Alexander Zharov, chief of the Federal Communications Agency, said in an interview with the Izvestia daily published Wednesday that Russia is blocking 18 networks that are used by Amazon and Google and which host sites that they believe Telegram is using to circumvent the ban.
Businesses

Amazon and Best Buy Team Up To Sell Smart TVs (cnet.com) 98

Amazon and Best Buy want to sell you your next smart TV. From a report: The companies, which are two of the biggest electronics retailers in the US, on Wednesday revealed a new multiyear partnership to sell the next generation of TVs running Amazon's Fire TV operating system to customers in the US and Canada. Best Buy will be the exclusive seller for more than 10 4K and HD Fire TV Edition models made by Toshiba and Best Buy's Insignia brand starting this summer. Pricing on the sets has not yet been announced. These smart TVs will be available only in Best Buy stores, on BestBuy.com and, for the first time, from Best Buy as a seller on Amazon.com.
China

Huawei To Back Off US Market Amid Rising Tensions (nytimes.com) 89

Huawei is reportedly going to give up on selling its products and services in the United States (Warning: source may be paywalled; alternative source) due to Washington's accusations that the company has ties to the Chinese government. The change in tactics comes a week after the company laid off five American employees, including its biggest American lobbyist. The New York Times reports: Huawei's tactics are changing as its business prospects in the United States have darkened considerably. On Tuesday, the Federal Communications Commission voted to proceed with a new rule that could effectively kill off what little business the company has in the United States. Although the proposed rule does not mention Huawei by name, it would block federally subsidized telecommunications carriers from using suppliers deemed to pose a risk to American national security. Huawei's latest moves suggest that it has accepted that its political battles in the United States are not ones it is likely to win. "Some things cannot change their course according to our wishes," Eric Xu, Huawei's deputy chairman, said at the company's annual meeting with analysts on Tuesday. "With some things, when you let them go, you actually feel more at ease."
Bitcoin

Cambridge Analytica Planned To Launch Its Own Cryptocurrency (theverge.com) 60

Cambridge Analytica, the data analytics firm that harvested millions of Facebook profiles of U.S. voters, attempted to develop its own cryptocurrency this past year and intended to raise funds through an initial coin offering. The digital coin would have helped people store online personal data and even sell it, former Cambridge Analytica employee Brittany Kaiser told The New York Times. The Verge reports: Cambridge Analytica, which obtained the data of 87 million Facebook users, was hoping to raise as much as $30 million through the venture, anonymous sources told Reuters. Cambridge Analytica confirmed to Reuters that it had previously explored blockchain technology, but did not confirm the coin offering and didn't say whether efforts are still underway. The company also reportedly attempted to promote another digital currency behind the scenes. It arranged for potential investors to take a vacation trip to Macau in support of Dragon Coin, a cryptocurrency aimed at casino players. Dragon Coin has been supported by a Macau gangster Wan Kuok-koi, nicknamed Broken Tooth, according to documents obtained by the Times. Cambridge Analytica started working on its own initial coin offering mid-2017 and the initiative was overseen in part by CEO Alexander Nix and former employee Brittany Kaiser. The company's plans to launch an ICO were still in the early stages when Nix was suspended last month and the Facebook data leak started to gain public attention.
Facebook

Facebook Admits To Tracking Users, Non-Users Off-Site (theguardian.com) 143

Facebook said in a blog post yesterday that they tracked users and non-users across websites and apps for three main reasons: providing services directly, securing the company's own site, and "improving our products and services." The statement comes as the company faces a U.S. lawsuit over a controversial facial recognition feature launched in 2011. The Guardian reports: "When you visit a site or app that uses our services, we receive information even if you're logged out or don't have a Facebook account. This is because other apps and sites don't know who is using Facebook," Facebook's product management director, David Baser, wrote. "Whether it's information from apps and websites, or information you share with other people on Facebook, we want to put you in control -- and be transparent about what information Facebook has and how it is used."

But the company's transparency has still not extended to telling non-users what it knows about them -- an issue Zuckerberg also faced questions over from Congress. Asked by Texas representative Gene Green whether all information Facebook holds about a user is in the file the company offers as part of its "download your data" feature, Zuckerberg had responded he believed that to be the case. Privacy campaigner Paul-Olivier Dehaye disagreed, noting that, even as a Facebook user, he had been unable to access personal data collected through the company's off-site tracking systems. Following an official subject access request under EU law, he told MPs last month, Facebook had responded that it was unable to provide the information.

Businesses

Amazon Shelves Plan To Sell Prescription Drugs (cnbc.com) 70

Major Blud writes: CNBC is reporting that Amazon Business, which considered selling pharmaceutical products last year, has put its plans to do so on hiatus. "The change in plan comes partly because Amazon has not been able to convince big hospitals to change their traditional purchasing process, which typically involves a number of middlemen and loyal relationships," reports CNBC. Amazon was able to gain licensing in 47 out of the 50 U.S. states, but has struggled to land contracts with large hospital networks. "The setback illustrates the challenges of getting into the medical supply and pharmaceutical space, even for a company as big as Amazon," reports CNBC. "Several health-care and pharmaceutical distribution companies saw their stock take a nosedive following recent reports of Amazon potentially getting into the space, but it will likely take some time before those concerns turn into real threats."

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