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Businesses

Avast Not Done With Deal-Making After AVG Buy, But No Rush (reuters.com) 4

Avast Software, maker of the world's most popular computer antivirus program, will need a year to absorb its $1.3 billion buy of rival AVG but may seek further acquisitions before an expected flotation, its chief executive said in an interview, according to Reuters. From a report: Prague-based Avast closed its purchase on Friday of AVG Technologies, another software firm with Czech roots specializing in consumer security. The combined company will have over 400 million users and 40 percent of the consumer computer market outside of China. While Avast will delist AVG shares, it has its own plans to eventually offer shares, maybe as soon as 2019. Before that, it must fully integrate AVG and will then look at mid-tier acquisitions for its push into mobile and, possibly, to expand its small- and medium-sized business offering. "We have to digest AVG first and that is going to take us pretty much all of 2017 to really integrate. Then we will look at expanding the business after that," Avast CEO Vincent Steckler said.
Businesses

New iPhone 7 Case Brings Back the Headphone Jack (thenextweb.com) 118

Apple removed the headphone jack in the iPhone 7 and iPhone 7 Plus, forcing users to use either Bluetooth, the Lightning port or included Lightning to 3.5mm headphone jack adaptor in order to listen to music through headphones. However, one company took it upon themselves to create an iPhone 7 case with a built-in 3.5mm headphone jack. The company is called Fuze and they recently launched an Indiegogo campaign that promises to bring the audio port back to the iPhone 7. The Next Web reports: To achieve this, the company is taking Apple's Lightning to 3.5mm adapter and building it straight into a case, where you can plug your headphones with "no dongles, no adapters, no problems." In addition to the audio port, the Fuze Case will also serve as a battery pack as it adds 2,400mAh of extra battery life to the iPhone 7 and 3,600mAh to the 7 Plus. It will be available in five different colors including white, black, gold, rose gold and blue. The case is currently available for $49 to "super early bird" backers, but will increase to $59 once more people have chipped in and will eventually sell for $69 in retail. The company expects to start shipping the accessory in December later this year.
Earth

Oscar Winners, Sports Stars and Bill Gates Are Building Lavish Bunkers (hollywoodreporter.com) 148

turkeydance quotes a report from Hollywood Reporter: Given the increased frequency of terrorist bombings and mass shootings and an under-lying sense of havoc fed by divisive election politics, it's no surprise that home security is going over the top and hitting luxurious new heights. Or, rather, new lows, as the average depth of a new breed of safe haven that occupies thousands of square feet is 10 feet under or more. Those who can afford to pull out all the stops for so-called self-preservation are doing so -- in a fashion that goes way beyond the submerged corrugated metal units adopted by reality show "preppers" -- to prepare for anything from nuclear bombings to drastic climate-change events. Gary Lynch, GM at Rising S Bunkers, a Texas-based company that specializes in underground bunkers and services scores of Los Angeles residences, says that sales at the most upscale end of the market -- mainly to actors, pro athletes and politicians (who require signed NDAs) -- have increased 700 percent this year compared with 2015, and overall sales have risen 150 percent. Any time there is a turbulent political landscape, we see a spike in our sales. Given this election is as turbulent as it is, "we are gearing up for an even bigger spike," says marketing director Brad Roberson of sales of bunkers that start at $39,000 and can run $8.35 million or more (FYI, a 12-stall horse shelter is $98,500). Adds Mike Peters, owner of Utah-based Ultimate Bunker, which builds high-end versions in California, Texas and Minnesota: "People are going for luxury [to] live underground because they see the future is going to be rough. Everyone I've talked to thinks we are doomed, no matter who is elected." Robert Vicino, founder of Del Mar, Calif.-based Vivos, which constructs upscale community bunkers in Indiana (he believes coastal flooding scenarios preclude bunkers being safely built west of the Rockies), says, "Bill Gates has huge shelters under every one of his homes, in Rancho Santa Fe and Washington. His head of security visited with us a couple years ago, and for these multibillionaires, a few million is nothing. It's really just the newest form of insurance."
Businesses

IBM Buys Promontory Financial Group (zdnet.com) 19

An anonymous reader quotes a report from ZDNet: IBM said Thursday it plans to acquire compliance consulting firm Promontory Financial Group to bring more financial regulatory expertise to Watson's cognitive computing platform. Promontory is a global consulting operation with an aim of helping banks manage the ever-increasing regulation and risk management requirements in the financial sector. With that in mind, IBM wants to use the industry expertise of Promontory's workforce -- which is made up of ex-regulators and banking executives -- to teach Watson all about regulation, risk and compliance. IBM is also using the deal to create a new subsidiary called Watson Financial Services, which will build cognitive tools for things things like tracking regulatory obligations, financial risk modeling, surveillance, anti-money laundering detection systems. "This is a workload ideally suited for Watson's cognitive capabilities intended to allow financial institutions to absorb the regulatory changes, understand their obligations, and close gaps in systems and practices to address compliance requirements more quickly and efficiently," IBM said in a press release.
Security

The Yahoo Hackers Weren't State-Sponsored, Security Firm Says (csoonline.com) 30

itwbennett writes from a report via CSO Online: After Yahoo raised eyebrows in the security community with its claim that state-sponsored hackers were responsible for the history-making breach, security firm InfoArmor now says it has evidence to the contrary. InfoArmor claims to have acquired some of the stolen information as part of its investigation into "Group E," a team of five professional hackers-for-hire believed to be from Eastern Europe. The database that InfoArmor has contains only "millions" of accounts, but it includes the users' login IDs, hashed passwords, mobile phone numbers and zip codes, said Andrew Komarov, InfoArmor's chief intelligence officer. Earlier this week, Chase Cunningham, director of cyber operations at security provider A10 Networks, called Yahoo's claim of state-sponsored actors a convenient, if trumped up, excuse: "If I want to cover my rear end and make it seem like I have plausible deniability, I would say 'nation-state actor' in a heartbeat." "Yahoo was compromised in 2014 by a group of professional blackhats who were hired to compromise customer databases from a variety of different targeted organizations," Scottsdale, Arizona-based InfoArmor said Wednesday in a report. "The Yahoo data leak as well as the other notable exposures, opens the door to significant opportunities for cyber-espionage and targeted attacks to occur."
AI

Microsoft Forms New AI Research Group Led By Harry Shum (techcrunch.com) 40

An anonymous reader quotes a report from TechCrunch: A day after announcing a new artificial intelligence partnership with IBM, Google, Facebook and Amazon, Microsoft is upping the ante within its own walls. The tech giant announced that it is creating a new AI business unit, the Microsoft AI and Research Group, which will be led by Microsoft Research EVP Harry Shum. Shum will oversee 5,000 computer scientists, engineers and others who will all be "focused on the company's AI product efforts," the company said in an announcement. The unit will be working on all aspects of AI and how it will be applied at the company, covering agents, apps, services and infrastructure. Shum has been involved in some of Microsoft's biggest product efforts at the ground level of research, including the development of its Bing search engine, as well as in its efforts in computer vision and graphics: that is a mark of where Microsoft is placing its own priority for AI in the years to come. Important to note that Microsoft Research unit will no longer be its on discrete unit -- it will be combined with this new AI effort. Research had 1,000 people in it also working on areas like quantum computing, and that will now be rolled into the bigger research and development efforts being announced today. Products that will fall under the new unit will include Information Platform, Cortana and Bing, and Ambient Computing and Robotics teams led by David Ku, Derrick Connell and Vijay Mital, respectively. The Microsoft AI and Research Group will encompass AI product engineering, basic and applied research labs, and New Experiences and Technologies (NExT), Microsoft said.
Businesses

Cable TV Companies Could Lose Nearly $1 Billion in the Next Year From People Ditching Their Subscriptions (businessinsider.com) 225

Nathan McAlone, writing for BusinessInsider: Cable TV companies could lose nearly $1 billion to people cutting the cord over the next year, according to a new study by management consulting firm cg42. The firm estimates that 800,000 cable customers will ditch their subscriptions in the next 12 months. Cg42 expects each customer to be an average loss of $1,248 annually, and losses to approach $1 billion over the year. Cg42 also found that the average cord-cutter saves $104 per month by canceling. Some in the industry have argued that cutting the cord doesn't actually save you money if you subscribe to a bunch of streaming services like Netflix, HBO, and so on. But that point of view neglects the reality that many cable subscribers pay for those streaming services already.
Facebook

Facebook at Work To Report For Duty Next Month (fortune.com) 80

The debut of the long-awaited business social network is nigh. Facebook at Work is about to report for duty. The social networking company's long-awaited foray into business applications will formally debut in London on October 10, according to tech site TechCrunch. From a report:The news site further noted this would be Facebook's first major product launch to take place outside the United States. Thus far, Facebook is seen as a fun-and-games site, not something corporate employees use to converse or track each other. But Facebook at Work, a business-minded operation, could help change that image. As has been reported, it will be a separate version of the network that can be accessed only from a company's internal IT systems, and in theory, subject to stricter corporate security and access rules. Personal accounts will be cordoned off.
AI

Facebook, Amazon, Google, IBM, and Microsoft Come Together To Create Historic Partnership On AI (techcrunch.com) 85

An anonymous reader quotes a report from TechCrunch: In an act of self-governance, Facebook, Amazon, Alphabet, IBM, and Microsoft came together today to announce the launch the new Partnership on AI. The group is tasked with conducting research and promoting best practices. Practically, this means that the group of tech companies will come together frequently to discuss advancements in artificial intelligence. The group also opens up a formal structure for communication across company lines. It's important to remember that on a day to day basis, these teams are in constant competition with each other to develop the best products and services powered by machine intelligence. Financial support will be coming from the initial tech companies who are members of the group, but in the future membership and involvement is expected to increase. User activists, non-profits, ethicists, and other stakeholders will be joining the discussion in the coming weeks. The organizational structure has been designed to allow non-corporate groups to have equal leadership side-by-side with large tech companies. As of today's launch, companies like Apple, Twitter, Intel and Baidu are missing from the group. Though Apple is said to be enthusiastic about the project, their absence is still notable because the company has fallen behind in artificial intelligence when compared to its rivals -- many of whom are part of this new group. The new organization really seems to be about promoting change by example. Rather than preach to the tech world, it wants to use a standard open license to publish research on topics including ethics, inclusivity, and privacy.
Music

Spotify in Talks To Acquire SoundCloud (variety.com) 20

Janko Roettgers, writing for Variety: Spotify is in advanced talks to acquire rival music service SoundCloud, according to a report by the Financial Times. An announcement of the acquisition could be made soon, according to the Times. The acquisition would come just months after SoundCloud launched its own paid streaming service. A Spotify spokesperson declined to comment on the report when contacted by Variety; SoundCloud didn't immediately respond to a request for comment. Spotify is the market leader in the growing paid streaming business, disclosing earlier this month that it now has more than 40 million paying subscribers. Its biggest competitor is Apple Music with 17 million paying subscribers.
Businesses

Amazon Looking To Abandon UPS, FedEx In Favor of Its Own Delivery Service (arstechnica.com) 233

An anonymous reader quotes a report from Ars Technica: A report by The Wall Street Journal claims that Amazon is building its own shipping service to replace FedEx and UPS, giving it more control over its packages and possibly allowing it to ship packages from other retailers. Amazon has said its own delivery services would be meant to increase its capacity during busier times of the year, like the upcoming holiday season. However, "current and former Amazon managers and business partners" claim that the company's plans are bigger than that. The initiative dubbed "Consume the City" will eventually let Amazon "haul and deliver" its own packages and those of other retailers and consumers. That delivery network would also directly compete with the likes of UPS and FedEx. It makes sense that Amazon would want to sell, ship, and deliver orders on its own. The report estimates that the company spent $11.5 billion on shipping just last year, amounting to 10.8 percent of sales. The shipping process is currently a bit convoluted: packages from Amazon warehouses get sent to one of two shipping routes, either FedEx or UPS, or to a sorting facility that lumps all packages with similar zip codes together. FedEx and UPS handle its shipments and deliver them to customers, while the packages at the sorting facilities either get delivered via USPS or by Amazon employees themselves. If Amazon were to have control over its shipments over longer distances, it's estimated that the company could save about $3 per package -- about $1.1 billion annually.
Businesses

D-Wave's 2,000-Qubit Quantum Annealing Computer Now 1,000x Faster Than Previous Generation (tomshardware.com) 116

An anonymous reader quotes a report from Tom's Hardware: D-Wave, a Canadian company developing the first commercial "quantum computer," announced its next-generation quantum annealing computer with 2,000 qubits, which is twice as many as its previous generation had. One highly exciting aspect of quantum computers of all types is that beyond the seemingly Moore's Law-like increase in number of qubits every two years, their performance increases much more than just 2x, unlike with regular microprocessors. This is because qubits can hold a value of 0, 1, or a superposition of the two, making quantum systems able to deal with much more complex information. If D-Wave's 2,000-qubit computer is now 1,000 faster than the previous 1,000-qubit generation (D-Wave 2X), that would mean that, for the things Google tested last year, it should now be 100 billion times faster than a single-core CPU. The new generation also comes with control features, which allows users to modify how D-Wave's quantum system works to better optimize their solutions. These control features include the following capabilities: The ability to tune the rate of annealing of individual qubits to enhance application performance; The ability to sample the state of the quantum computer during the quantum annealing process to power hybrid quantum-classical machine learning algorithms that were not previously possible; The ability to combine quantum processing with classical processing to improve the quality of both optimization and sampling results returned from the system. D-Wave's CEO, Vern Brownell, also said that D-Wave's quantum computers could also be used for machine learning task in ways that wouldn't be possible on classical computers. The company is also training the first generation of programmers to develop applications for D-Wave quantum systems. Last year, Google said that D-Wave's 1,000 qubit computer proved to be 100 million times faster than a classical computer with a single core: "We found that for problem instances involving nearly 1,000 binary variables, quantum annealing significantly outperforms its classical counterpart, simulated annealing. It is more than 10^8 times faster than simulated annealing running on a single core," said Hartmut Neven, Google's Director of Engineering.
HP

HP To Issue 'Optional Firmware Update' Allowing 3rd-Party Ink (arstechnica.com) 79

Soon after the Electronic Frontier Foundation (EFF) issued a letter to HP, calling for them to apologize to customers for releasing firmware that prevents the use of non-HP ink cartridges and refilled HP cartridges, the company has responded with a temporary solution. HP "will issue an optional firmware update that will remove the dynamic security feature" for certain OfficeJet printers. Ars Technica reports: HP made its announcement in a blog post titled "Dedicated to the best printing experience." "We updated a cartridge authentication procedure in select models of HP office inkjet printers to ensure the best consumer experience and protect them from counterfeit and third-party ink cartridges that do not contain an original HP security chip and that infringe on our IP," the company said. The recent firmware update for HP OfficeJet Pro, and OfficeJet Pro X printers "included a dynamic security feature that prevented some untested third-party cartridges that use cloned security chips from working, even if they had previously functioned," HP said. For customers who don't wish to be protected from the ability to buy less expensive ink cartridges, HP said it "will issue an optional firmware update that will remove the dynamic security feature. We expect the update to be ready within two weeks and will provide details here." This customer-friendly move may just be a one-time thing. HP said it will continue to use security features that "protect our IP including authentication methods that may prevent some third-party supplies from working." Without the optional firmware update, printers will only be able to use third-party ink cartridges that have an "original HP security chip," the company said.
Yahoo!

Yahoo Repeatedly Didn't Invest In Security, Rejected Bare Minimum Measure To Reset All User Passwords: NYTimes 124

If it wasn't already enough that the mega breach at Yahoo affects over 500 million users, a new investigative report on The New York Times states the extent to which Yahoo didn't care about its users' security (Editor's note: the link could be paywalled; alternate source). The report says Yahoo CEO Marissa Mayer refused to fund security initiatives at the company, and instead invested money in features and new products. Despite Edward Snowden warning Yahoo that it was too easy of a target for hackers, the company took one year to hire a new chief information officer. The company hired Alex Stamos, who is widely respected in the industry. But Stamos soon left partly due to clashes with Mayer, The Times adds. And it gets worse. From the report:But when it came time to commit meaningful dollars to improve Yahoo's security infrastructure, Ms. Mayer repeatedly clashed with Mr. Stamos, according to the current and former employees. She denied Yahoo's security team financial resources and put off proactive security defenses, including intrusion-detection mechanisms for Yahoo's production systems. [...] But during his tenure, Ms. Mayer also rejected the most basic security measure of all: an automatic reset of all user passwords, a step security experts consider standard after a breach. Employees say the move was rejected by Ms. Mayer's team for fear that even something as simple as a password change would drive Yahoo's shrinking email users to other services.
Crime

Across US, Police Officers Abuse Confidential Databases (ap.org) 184

Sadie Gurman and Eric Tucker, reporting for Associated Press:Police officers across the country misuse confidential law enforcement databases to get information on romantic partners, business associates, neighbors, journalists and others for reasons that have nothing to do with daily police work, an Associated Press investigation has found. Criminal-history and driver databases give officers critical information about people they encounter on the job. But the AP's review shows how those systems also can be exploited by officers who, motivated by romantic quarrels, personal conflicts or voyeuristic curiosity, sidestep policies and sometimes the law by snooping. In the most egregious cases, officers have used information to stalk or harass, or have tampered with or sold records they obtained. No single agency tracks how often the abuse happens nationwide, and record-keeping inconsistencies make it impossible to know how many violations occur. But the AP, through records requests to state agencies and big-city police departments, found law enforcement officers and employees who misused databases were fired, suspended or resigned more than 325 times between 2013 and 2015. They received reprimands, counseling or lesser discipline in more than 250 instances, the review found.
Businesses

55 Percent Of Online Shoppers Start Their Product Searches On Amazon (recode.net) 141

Another year, another data point showing Amazon has surpassed Google as the default search engine for shopping, a report on Recode reads. Fifty-five percent of people in the U.S. now start their online shopping trips on Amazon.com, according to results from a 2,000-person survey commissioned by the e-commerce startup BloomReach. That stat marks a 25 percent increase from the same survey last year, when 44 percent of online shoppers said they turned to Amazon first. From the report: Over the same time, the percentage of shoppers who start product searches on search engines like Google dropped from 34 percent to 28 percent. The number of online shoppers who check out a retailer's website (other than Amazon) first also shrunk, from 21 percent to 16 percent.
Blackberry

BlackBerry Says It's Done Designing and Building Its Own Phones (theverge.com) 89

BlackBerry today reported its fiscal second-quarter sales and said that it will stop making its iconic smartphones and focus on its software business. The Verge adds: BlackBerry has announced that it plans to stop making its own phones as the struggling company continues to focus on its software and security products. This is far from the end of BlackBerry devices, the production of which will be outsourced to third-party manufacturers -- as was the case with the company's recent DTEK 50, a clone of Alcatel's Idol 4 with BlackBerry branding. "The company plans to end all internal hardware development and will outsource that function to partners," said CEO John Chen in a statement. Elsewhere he stated: "We are reaching an inflection point with our strategy. Our financial foundation is strong, and our pivot to software is taking hold." This isn't surprising news considering BlackBerry's ongoing struggle in the mobile market. According to estimates from Gartner, the company claimed just 0.1 percent of the market in the second quarter, equating to sales of some 400,400 units. The last BlackBerry phone manufactured by the company was the Priv, the company's first Android-powered device, released November last year.
Microsoft

Vladimir Putin Is Replacing Microsoft Programs With Domestic Software (bloomberg.com) 274

An anonymous reader quotes a report from Bloomberg: Moscow city will replace Microsoft Corp. programs with domestic software on thousands of computers in answer to President Vladimir Putin's call for Russia's authorities to reduce dependence on foreign technology amid tensions with the U.S. and Europe. The city will initially replace Microsoft's Exchange Server and Outlook on 6,000 computers with an e-mail system installed by state-run carrier Rostelecom PJSC, Artem Yermolaev, head of information technology for Moscow, told reporters Tuesday. Moscow may expand deployment of the new software, developed by Russia's New Cloud Technologies, to as many as 600,000 computers and servers, and may also consider replacing Windows and Office, Yermolaev said. Putin is urging state entities and local companies to go domestic amid concerns over security and reliability after U.S. firms shut down paid services in Crimea following Russia's 2014 annexation. The plan poses a challenge to the likes of Microsoft, SAP SE and Oracle Corp. in the country's $3 billion software market. Adding to pressure, Putin's internet czar German Klimenko wants to raise taxes on U.S. technology companies to help Russian competitors such as Yandex NV and Mail.ru Group Ltd.
AI

Nissan Debuts 'ProPILOT' Self-Driving Chair (pcmag.com) 48

jasonbrown writes from a report via PC Magazine: The Japanese automaker Nissan this week debuted what it's calling the ProPILOT Chair -- an autonomous chair that automatically queues for you while you sit back and relax. With its built-in cameras, the high-tech chair "detects and automatically follows the chair ahead of it, maintaining a fixed distance and traveling along a set path." Standing (or sitting) in line has never been so much fun. "Nissan drew inspiration for this new chair from its ProPILOT autonomous driving technology, which has been available in the company's Serena minivan in Japan since August," the report adds. "The ProPILOT technology allows the vehicle to maintain a safe distance between the car ahead, and ensures that it stays in the center of its lane." While the product appears to be a marketing stunt, Nissan is actively looking for restaurant partners in Japan who want to offer this technology to their customers. Japanese restaurants can tweet their name and website along with the hashtags #NissanProPilotChair #Wanted in an effort to be outfitted with the technology. You can watch the joyful and jazzy launch video here.

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