Businesses

Amazon Decides To Start Paying Tax In the UK 113

Posted by Soulskill
from the how-kind-of-them dept.
Mark Wilson sends word that Amazon will begin paying corporate taxes on profits made in the UK. The company had previously been recording most of its UK sales as being in Luxembourg, which let them avoid the higher taxes in the UK. But at the end of last year, UK regulators decided they were losing too much tax revenue because of this practice, so they began implementing legislation that would impose a 25% tax on corporations routing their profits elsewhere. Amazon is the first large corporation to make the change, and it's expected to put pressure on Google, Microsoft, Apple, and others to do the same.
Security

Hacker Warns Starbucks of Security Flaw, Gets Accused of Fraud 85

Posted by Soulskill
from the biting-the-hand-that-doesn't-steal-from-you dept.
Andy Smith writes: Here's another company that just doesn't get security research. White hat hacker Egor Homakov found a security flaw in Starbucks gift cards which allowed people to steal money from the company. He reported the flaw to Starbucks, but rather than thank him, the company accused him of fraud and said he had been acting maliciously.
Google

Cute Or Creepy? Google's Plan For a Sci-Fi Teddy Bear 87

Posted by timothy
from the teddy-ruxpin-pinned-it-on-the-one-armed-man dept.
HughPickens.com writes: Time Magazine reports that Google has designed and patented an "anthropomorphic device" that could take the form of a "doll or toy" and interact both with people as well as tech gadgets echoing the "super toy" teddy bear featured in Stephen Spielberg's 2001 movie AI. This could be one of Google's creepiest patents yet — especially if movies like "Chuckie" still give you nightmares. The patent filing diagrams a stuffed teddy bear and a bunny rabbit outfitted with microphones, speakers, cameras and motors as well as a wireless connection to the internet. If it senses you're looking at it, the fuzzy toy will rotate its head and look back at you. Once it receives and recognizes a voice command prompt, you can then tell it to control media devices in your home (e.g. turn on your music or TV). According to the patent filing: "To express interest, an anthropomorphic device may open its eyes, lift its head, and/or focus its gaze on the user or object of its interest. To express curiosity, an anthropomorphic device may tilt its head, furrow its brow, and/or scratch its head with an arm. To express boredom, an anthropomorphic device may defocus its gaze, direct its gaze in a downward fashion, tap its foot, and/or close its eyes. To express surprise, an anthropomorphic device may make a sudden movement, sit or stand up straight, and/or dilate its pupils."

The patent adds that making the device look "cute" should encourage even the youngest members of a family to interact with it. But Mikhail Avady, from SmartUp, said he thought it belonged in "a horror film", and the campaign group Big Brother Watch has also expressed dismay. "When those devices are aimed specifically at children, then for many this will step over the creepy line," says Avady. "Children should be able to play in private and shouldn't have to fear this sort of passive invasion of their privacy."
Biotech

DNA On Pizza Crust Leads To Quadruple Murder Suspect 178

Posted by samzenpus
from the taking-a-bite-out-of-crime dept.
HughPickens.com writes: In a case straight out of CSI, CNN reports that police are searching for the man suspected in the gruesome slayings of the Savopoulos family and their housekeeper, after his DNA was purportedly found on a pizza crust at the scene of the quadruple murders. They discovered his DNA on the crust of a Domino's pizza — one of two delivered to the Savopoulos home May 14 as the family was held hostage inside — a source familiar with the investigation said. The pizza apparently was paid for with cash left in an envelope on the porch. The next morning, Savvas Savopoulos's personal assistant dropped off a package containing $40,000 in cash at the home, according to the officials and police documents.

The bodies of Savopoulos, along with his wife, Amy, their 10-year-old son Philip and the family's housekeeper, Veralicia Figueroa, were discovered the afternoon of May 14 after firefighters responded to reports of a fire. D.C. Police Chief Cathy Lanier says the killings are likely not a random crime and police have issued an arrest warrant for the 34-year-old Daron Dylon Wint, who is described as 5'7 and 155 lbs and might also go by the name "Steffon." Wint apparently used to work at American Iron Works, where Savvas Savopoulos was CEO and president. The neighborhood is home to numerous embassies and diplomatic mansions as well as the official residence of Vice President Joe Biden and his wife. "Right now you have just about every law enforcement officer across the country aware of his open warrant and are looking for him," says Lanier. "I think even his family has made pleas for him to turn himself in."
The Almighty Buck

FBI: Social Media, Virtual Currency Fraud Becoming a Huge Problem 39

Posted by samzenpus
from the buy-my-web-dollars dept.
coondoggie writes: Criminals taking advantage of personal data found on social media and vulnerabilities of the digital currency system are two of the emerging Internet law-breaking trends identified by the FBI's Internet Crime Complaint Center (IC3) in its annual look at online crime. The IC3 said 12% of the complaints submitted in 2014 contained a social media trait. Complaints involving social media have quadrupled over the last five years. In most cases, victim’s personal information was exploited through compromised accounts or social engineering.
Businesses

Grand Theft Auto V Keeps Raking In Money 95

Posted by samzenpus
from the hits-keep-coming dept.
jones_supa writes: At end of 2013, Grand Theft Auto V made $800 million during initial 24 hours of sales. The title keeps churning profit as the publisher Take-Two closes the book on fiscal year 2015, which ended March 31. The company reported better-than-expected profits of $54.3 million atop revenue of $427.7 million in its fourth quarter, a significant improvement over the $21.5 million profit it reaped from $233.2 million in revenue during the same period last year. This time around Take-Two once again credited GTA V as its premier revenue driver for the final quarter of the year. With PS4/XBOne/PC versions out as well, the game has been an excellent investment. Strong runner-ups were 2K titles NBA 2K15 and Evolve.
Transportation

Oregon Testing Pay-Per-Mile Driving Fee To Replace Gas Tax 825

Posted by Soulskill
from the their-way-or-the-highway dept.
schwit1 tips news that Oregon will become the first U.S. state to test a program to replace their gas tax with a fee for each mile citizens drive on public roads. The 5,000 people voluntarily participating in the test will be charged 1.5 cents per mile. Revenue from gas tax has been on the decline as vehicles get more fuel efficient and as hybrids and electric cars become more popular. This measure is an attempt to raise the amount of money the state takes in to pay for infrastructure projects. Many owners of those hybrid and electric vehicles are upset, saying it specifically targets them and discourages environmentally-friendly transportation. Others point out that those who drive electric vehicles need the roads maintained just as much as people still driving gas-powered cars.
Education

AP Computer Science Education Scalability: Advantage, Rupert Murdoch? 47

Posted by Soulskill
from the teaching-the-next-generation-of-voicemail-hackers dept.
theodp writes: Code.org's AP Computer Science offering won't be going mainstream until the 2016-2017 school year. In the meantime, NewsWorks' Avi Wolfman-Arent reports that Rupert Murdoch's Amplify MOOC just wrapped up its second year of offering AP Computer Science A. And unlike Microsoft TEALS, Google CS First, and Code.org — programs constrained by the number of volunteers, teacher and classroom availability, professional development requirements, and money — Murdoch's AP CS MOOC holds the promise of open-access, unlimited-enrollment, learn-anywhere-and-anytime classes, a la Coursera, Udacity and EdX. So, did Microsoft, Google, Amazon, Facebook, and their leaders place a $30 million bet on the wrong horse when it comes to AP Computer Science scalability? And, even if they've got a more scalable model, will Murdoch's Amplify and schools be willing to deal with higher MOOC failure rates, and allow large numbers of students to try — and possibly drop or fail — AP CS without economic or academic consequences?
The Almighty Buck

Los Angeles Raises Minimum Wage To $15 an Hour 1075

Posted by Soulskill
from the calling-all-armchair-economists dept.
HughPickens.com writes: Jennifer Medina reports at the NY Times that the council of the nation's second-largest city voted by a 14-1 margin to increase its minimum wage to $15 an hour by 2020. Los Angeles and its almost 4 million residents represent one of the biggest victories yet for those pushing wage increases across the country. Proponents hope it will start to reverse the earning gap in the city, where the top 7% of households earn more than the bottom 67%.

Detractors point out the direct cost increase to businesses, which could total as much as a billion dollars per year. If a business can't handle the increased cost, the employees this measure was designed to help will lose their jobs when it folds. An editorial from the LA Times says it's vital for other cities nearby to increase their minimum wage, too, else businesses will gradually migrate to cheaper locations. They add, "While the minimum wage hike will certainly help the lowest-wage workers in the city, it should not be seen as the centerpiece of a meaningful jobs creation strategy. The fact is that far too many jobs in the city are low-wage jobs — some 37% of workers currently earn less than $13.25 an hour, according to the mayor's estimates — and even after the proposed increase, they would still be living on the edge of poverty."
Bitcoin

Bitcoin Arrives At NYSE, Startup Aims To Tackle Micropayments and Easy Mining 85

Posted by Soulskill
from the go-big-or-go-home dept.
itwbennett writes: A startup company whose backers include Qualcomm, Cisco Systems and a former ARM executive, and which reportedly has raised "well north of $116 million" has just come out of stealth mode. The first thing to know about the company, which calls itself 21, is that it has designed an embedded chip for bitcoin mining. The details aren't entirely clear, but the plan seems to be to get its bitcoin mining chip embedded into millions of smartphones and tablets, and for those devices to work collectively to mine new currency. But the company has larger ambitions: It sees its chip as a way to solve the problem of micro payments and it could also be used to pay for the chips themselves. This was followed by news that the New York Stock Exchange will begin tracking and showing Bitcoin's dollar value. Reader Lashdots adds a link to an article describing how Silicon Valley finally joined the rush to invest in Bitcoin-related businesses.
Businesses

Battle To Regulate Ridesharing Moves Through States 318

Posted by timothy
from the when-monopolists-attack dept.
New submitter jeffengel writes: The push to regulate services like Uber and Lyft has spread through state legislatures nationwide. At least 15 states have passed ridesharing laws in 2015, joining Colorado, California, and Illinois from last year. More could follow, with bills pending in Massachusetts, Michigan, North Carolina, and others. All this activity has led to new clashes with companies, city leaders, and consumers. Ridesharing bills have stalled or been killed off in Texas, Florida, New Mexico, and Mississippi. Meanwhile, Uber has exited Kansas and is threatening to leave New Jersey and Oregon, while Lyft has ceased operations in Houston, Columbus, and Tacoma. How this plays out could affect the companies' expansion plans, as well as the future of transportation systems worldwide.
Patents

Court of Appeals Says Samsung's Legal Payments To Apple Should Be Reduced 66

Posted by samzenpus
from the lower-my-bill dept.
Mark Wilson writes: Patent lawsuits in the world of technology are nothing new, and the case between Apple and Samsung resulted in one of the largest fines ever being handed down. Samsung was order to pay $930 million in damages after a court found that the company had violated Apple patents with its smartphone and tablet designs. Today the US Court of Appeals for the Federal Circuit overturned part of the original ruling, saying that the jury was wrong to say that Samsung infringed on Apple's trade dress intellectual property. The exact details of what this will mean are yet to come out, but it should lead to a fairly hefty reduction in Samsung's legal costs.
The Almighty Buck

Stock Market Valuation Exceeds Its Components' Actual Value 335

Posted by Soulskill
from the of-wary-bulls dept.
An anonymous reader writes: James Tobin, a Nobel Prize-winning economist, developed a concept called "Q-value" — it's the ratio between two numbers: 1) the sum of all publicly-traded companies' stock valuations and 2) the value of all these companies' actual assets, if they were sold. Bloomberg reports that the continued strength of the stock market has now caused that ratio to go over 1 — in other words, the market values companies about 10% higher than the sum of their actual assets. The Q value is now at its highest point since the Dot-com bubble. Similar peaks in the past hundred years have all been quickly followed by crashes.

Now, that's not to say a crash is imminent — experts disagree on the Q-value's reliability. One said, "the ratio's doubling since 2009 to 1.10 is a symptom of companies diverting money from their businesses to the stock market, choosing buybacks over capital spending. Six years of zero-percent interest rates have similarly driven investors into riskier things like equities, elevating the paper value of assets over their tangible worth." Others point out that as the digital economy grows, a greater portion of publicly traded companies lack the tangible assets that were the hallmark of the manufacturing boom.
Bitcoin

Decoding the Enigma of Satoshi Nakamoto 61

Posted by samzenpus
from the pay-no-attention-to-the-man-behind-the-ip-address dept.
HughPickens.com writes: For the past year Nathaniel Popper has been working on a book about the history of Bitcoin and writes in the NYT that it is hard to avoid being drawn in by the almost mystical riddle of Satoshi Nakamoto's identity. Popper has his own candidate for founder of Bitcoin, a reclusive American man of Hungarian descent named Nick Szabo. Szabo worked in a loosely organized group of digital privacy activists who over decades laid the foundation for Bitcoin and created many parts that later went into the virtual currency. Bitcoin was not a bolt out of the blue, as is sometimes assumed, but was instead built on the ideas of multiple people over several decades. Several experiments in digital cash circulated on the Cypherpunk lists in the 1990s. Adam Back, a British researcher, created an algorithm called hashcash that later became a central component of Bitcoin. Another, called b money, was designed by an intensely private computer engineer named Wei Dai.

It may be impossible to prove Satoshi's identity until the person or people behind Bitcoin's curtain decide to come forward and prove ownership of Satoshi's old electronic accounts and at this point, the creator's identity is no longer important to Bitcoin's future. Since Satoshi stopped contributing to the project in 2011, most of the open-source code has been rewritten by a group of programmers whose identities are known. According to Popper whoever it is, the real Satoshi Nakamoto has many good reasons for wanting to stay anonymous. Perhaps the most obvious is potential danger. Satoshi Nakamoto most likely collected nearly a million Bitcoins during the system's first year. Given that each Bitcoin is now worth about $240, the stash could be worth more than $200 million. That could make Satoshi a target. "With his modest clothes and unassuming manner, Mr. Szabo could be the kind of person who could have a fortune and not spend any of it," concludes Popper, "or even throw away the keys to the bank."
NASA

NASA Announces the 3D Printed Habitat Challenge For Moon and Mars Bases 46

Posted by samzenpus
from the print-for-cash dept.
An anonymous reader writes: Space policy experts are still arguing where American astronauts should go once they venture into deep space. However, there is widespread agreement that once they get there they should be prepared to stay for longer than just a few hours or days, as was the case during the Apollo missions to the moon. Taking all the material to set up habitats, the astronauts' homes away from home, would tend to be expensive. Toward the end of lowering the cost of long duration space travel, NASA has announced the 3D Printed Habitat Challenge, in partnership with America Makes, as part of the ongoing Centennial Challenge program.
Space

Planetary Society Wants To Launch a Crowd-Funded Solar Sail 49

Posted by timothy
from the unfurling dept.
jan_jes writes to note that The Planetary Society is attempting to crowdfund its own version of the light-powered space-craft popularized by Carl Sagan as a "solar sailer." (YouTube video, with the Society's CEO Bill Nye.) The current model is a CubeSat no bigger than a breadbox with four sails. If the team manages to raise enough money, LightSail will be sent to orbit aboard a SpaceX Falcon Heavy rocket in 2016. LightSail will be released into an orbit with an altitude of 720 kilometers (450 miles), high enough to escape most of the planet's atmospheric drag. Their crowdfunding goal has been far surpassed (more than $476,000 at this writing), but more can't hurt; maybe NASA could use some of the surplus.
Input Devices

Mechanical 'Clicky' Keyboards Still Have Followers (Video) 147

Posted by Roblimo
from the clack-clack-clack-the-keyboard-types-on-down-the-track dept.
For a good number of years, the sound of the old IBM or other mechanical keyboard clacking away was the sound of programmers (or writers) at work on their computers. Then, according to Edgar Matias, president and cofounder of the Matias Corporation, computer companies started using membrane switches and other cheaper ways to make keyboards, which made a lot of people mutter curse words under their breath as they beat their fingers against keys that had to go all the way to the bottom of their travel to work, unlike the good old mechanical keyboards we once knew and loved.

Enter Edgar Matias, who started out making the half keyboard, which is like a chorded keyboard except that you can use your QWERTY typing skills with little modification -- assuming you or your boss has $595 (!) to lay out on a keyboard. But after that Edgar started making QWERTY and Dvorak keyboards for semi-competitive prices. FYI: No Slashdot person got a free keyboard (or extra money) for making this video, but I have a Matias keyboard, and in my opinion it's far better than the cheapie it replaced. A lot of other people seem to want "real" keyboards, too, which they buy from Matias or from other companies such as Unicomp, which makes keyboards just like the classic, heavily-loved IBM Model M. Again, I've owned a Unicomp keyboard (that I bought; it was not a giveaway) and it was excellent. Both companies put out quality products that are far easier on your hands and wrists than the $10 or $20 keyboards sold by big box electronics retailers.
The Almighty Buck

The Solution To Argentina's Banking Problems Is To Go Cashless 294

Posted by Soulskill
from the why-would-you-carry-around-slips-of-paper-and-shards-of-metal-anyway dept.
dkatana writes: There is no way back for Argentinian people to trust their own currency. Several governments have used the "Peso/Dollar" exchange to dig into people's savings, reward their friends and limit the freedom of citizens to use other currencies.

Short of Dollarizing the economy again, the only solution for the country is going cashless. People are desperate, and they're looking for alternatives such as mobile payments, Amazon gift cards and Bitcoin to store their savings away from government control. A digital currency could help curb black market exchanges, fight corruption and restore the country's image.
Space

How SpaceX and the Quest For Mars Almost Sunk Tesla Motors 126

Posted by Soulskill
from the rocket-bucks-versus-car-bucks dept.
braindrainbahrain writes: Elon Musk and his rocket company are well known to Slashdottters. This article and book excerpt tell the story of the creation of SpaceX and how it almost sank Musk's other company, Tesla Motors. Musk recalls, "I could either pick SpaceX or Tesla or split the money I had left between them. That was a tough decision. If I split the money, maybe both of them would die. If I gave the money to just one company, the probability of it surviving was greater, but then it would mean certain death for the other company." But then, at the last moment, years of work at SpaceX finally paid off: "[O]n Dec. 23, 2008, SpaceX received a wonderful shock. The company won a $1.6 billion contract for 12 NASA resupply flights to the space station. Then the Tesla deal ended up closing successfully, on Christmas Eve, hours before Tesla would have gone bankrupt. Musk had just a few hundred thousand dollars left and could not have made payroll the next day." Also, it turns out the inspiration for SpaceX was the idea of sending mice to Mars.
Security

United Airlines Invites Hackers To Find Security Vulnerabilities 54

Posted by timothy
from the how-to-get-non-flyer-miles dept.
An anonymous reader writes: Following a recent spike of interest regarding the potential to hack planes, United Airlines has created the first rewards-for-exploits scheme in the aviation industry. The 'Bug-Bounty' program offers up to a million air miles for submitters who find a specific range of exploits in the company's websites and digital infrastructure. The scheme not only bans participants from probing on-board flight systems but threatens criminal prosecution for any such attempt.