Businesses

Apple's Next Frontier Is Your Body 63

Posted by samzenpus
from the i-and-you dept.
Lashdots writes: Amid the unveiling of the Apple Watch, Tim Cook's wrist distracted from another new product last month: ResearchKit, an open source iOS platform designed to help researchers design apps for medical studies—and reach millions of potential research subjects through their iPhones. Alongside the company's new frontiers, like the car and the home, Cook told Jim Cramer last month that health "may be the biggest one of all." As Fast Company reports, Cook says Apple's devices could could help pinpoint diseases within decades—and position the company at the center of a "significantly underestimated" mobile-health industry.
Patents

Vizio, Destroyer of Patent Trolls 92

Posted by Soulskill
from the best-defense-is-a-strong-offense dept.
An anonymous reader writes: We read about a lot of patent troll cases. Some are successful and some are not, but many such cases are decided before ever going to court. It's how the patent troll operates — they know exactly how high litigation costs are. Even without a legal leg to stand on, they can ask for settlements that make better financial sense for the target to accept, rather than dumping just as much money into attorney's fees for an uncertain outcome. Fortunately, some companies fight back. TV-maker Vizio is one of these, and they've successfully defended against 16 different patent trolls, some with multiple claims. In addition, they're going on the offensive, trying to wrest legal fees from the plaintiffs for their spurious claims. "For the first time, it stands a real chance, in a case where it spent more than $1 million to win. Two recent Supreme Court decisions make it easier for victorious defendants to collect fees in patent cases. The TV maker is up against a storied patent plaintiffs' firm, Chicago-based Niro, Haller & Niro, that has fought for Oplus tooth and nail. ... For Vizio, the company feels that it's on the verge of getting vindication for a long-standing policy of not backing down to patent trolls."
Patents

Microsoft Increases Android Patent Licensing Reach 100

Posted by Soulskill
from the if-you-can't-beat-'em,-bleed-'em dept.
BrianFagioli writes: Microsoft may not be winning in the mobile arena, but they're still making tons of money from those who are. Patent licensing agreements net the company billions each year from device makers like Samsung, Foxconn, and ZTE. Now, Microsoft has added another company to that list: Qisda Corp. They make a number of Android and Chrome-based devices under the Qisda brand and the BenQ brand, and now Microsoft will be making money off those, too.
Power

Tesla To Announce Battery-Based Energy Storage For Homes 271

Posted by timothy
from the but-in-the-meantime-here's-this-preemptive-announcement dept.
Okian Warrior writes: Billionaire Elon Musk will announce next week that Tesla will begin offering battery-based energy storage for residential and commercial customers. The batteries power up overnight when energy companies typically charge less for electricity, then are used during the day to power a home. In a pilot project, Tesla has already begun offering home batteries to SolarCity (SCTY) customers, a solar power company for which Musk serves as chairman. Currently 330 U.S. households are running on Tesla's batteries in California. The batteries start at about $13,000, though California's Pacific Gas and Electric Co. (PCG) offers customers a 50% rebate. The batteries are three-feet high by 2.5-feet wide, and need to be installed at least a foot and a half off the ground. They can be controlled with a Web app and a smartphone app.
Crime

Allegation: Philly Cops Leaned Suspect Over Balcony To Obtain Password 210

Posted by timothy
from the forget-it-jake-it's-the-city-of-brotherly-love dept.
An anonymous reader writes with this news from Ars Technica: If you want access to encrypted data on a drug dealer's digital device, you might try to break the crypto—or you might just try to break the man.

According to testimony from a police corruption trial currently roiling the city of Philadelphia, officers from an undercover drug squad took the latter route back in November 2007. After arresting their suspect, Michael Cascioli, in the hallway outside his 18th floor apartment, the officers took Cascioli back inside. Although they lacked a search warrant, the cops searched Cascioli's rooms anyway. According to a federal indictment (PDF), the officers 'repeatedly assaulted and threatened [Cascioli] during the search to obtain information about the location of money, drugs, and drug suppliers.'
That included, according to Cascioli, lifting him over the edge of his balcony to try to frighten out of him the password to his Palm Pilot. That sounds like a good time for a duress password.
Games

How and Why the U-Pick Game Marathon Raises Money With Non-Stop Gaming (Video) 33

Posted by timothy
from the don't-tase-me-bro-it's-only-a-game dept.
On June 12 through 14th of this year, the fourth (not "fourth annual," but close) iteration of the U-Pick Video Game Marathon for Charity --“UPickVG IV” for short --will be streaming on an Internet connection near you. The U-Pick crew's volunteers will be playing and broadcasting video games, non-stop, as a fundraiser for Charity Water, a cause they've supported since the beginning. I talked with organizers Stephanie and Grant Kibler from their video-game lounge of a living room about what it takes to broadcast an online gathering like this, and why they've adopted this as an annual event. Hint: some esoteric video-capture hardware helps, and so does a beefy network connection, for high-quality streaming of games that pre-date today's multiplayer, network-oriented options. That's significant, because U-Pick's stable of titles isn't limited to modern ones, and observers are encouraged to suggest appropriate games (hence "U-Pick").The remote viewers' choices and donations influence the event by deciding which games are represented on the Wheel of Destiny that the team spins to decide which games get played.The play itself, though,*is* limited to the players who'll be on hand at a Northern Virginia co-working space that will serve as this year's venue. It turns out to be easier to stream the output of old consoles than it is to control them from remote (never mind the latency that would mean), but maybe one day participants will be able to play as well as shoulder-surf and laugh at the players' running commentary. You can check out the Upick page on Facebook, too, and watch one of their practice runs each Sunday. (Note: Video #1 talks mostly about the game play and how you can join. Video #2 - below - talks more about hardware and behind-the-scenes work.)
Google

Google Launches Project Fi Mobile Phone Service 111

Posted by samzenpus
from the new-carrier-in-town dept.
An anonymous reader writes: Google unveiled today a new cell phone service called Project Fi. It offers the same basic functionality as traditional wireless carriers, such as voice, text and Internet access, but at a lower price than most common plans. From the article: "Google hopes to stand out by changing the way it charges customers. Typically, smartphone owners pay wireless carriers like AT&T and Verizon a bulk rate for a certain amount of data. Google says it will let customers pay for only what data they use on their phones, from doing things like making calls, listening to music and using apps, potentially saving them significant amounts of money. For now, the program is invite-only and will only be available on Google's Nexus 6 smartphone."
Crime

Futures Trader Arrested For Causing 2010 'Flash Crash' 305

Posted by Soulskill
from the moving-at-the-speed-of-government dept.
New submitter dfsmith writes: Apparently the "Flash Crash" of the stock market in May 2010 was perpetrated by a futures trader in the UK. The US Justice Department alleges that he used a "dynamic layering scheme" of large-volume sell orders to confuse other buyers, hence winning big in his futures trades. "By allegedly placing multiple, simultaneous, large-volume sell orders at different price points—a technique known as 'layering'—Sarao created the appearance of substantial supply in the market. As part of the scheme, Sarao allegedly modified these orders frequently so that they remained close to the market price, and typically canceled the orders without executing them. When prices fell as a result of this activity, Sarao allegedly sold futures contracts only to buy them back at a lower price. Conversely, when the market moved back upward as the market activity ceased, Sarao allegedly bought contracts only to sell them at a higher price."
The Almighty Buck

George Lucas Building Low-Income Housing Next Door To Millionaires 536

Posted by samzenpus
from the rich-and-poor dept.
BarbaraHudson writes His neighbors wouldn't let him build a film studio on his land, so George Lucas is retaliating in a way that only the cream of Hollywood could — by building the largest affordable housing development in the area — and footing the entire $200 million bill, no government subsidies or grants. The complex of affordable housing, funded and designed by Lucas, would sit on 52 acres of land and provide homes to 224 low-income families, and there's very little his fellow Bay Area residents can do about it, because the land is zoned residential.
Google

Elon Musk Bailed Out of $6bn Google Takeover To Save Tesla From 2013 Bankruptcy 118

Posted by samzenpus
from the on-second-thought dept.
An anonymous reader sends word that Elon Musk almost sold Tesla to Google in 2013 when the company was close to bankruptcy. "Elon Musk had a deal to sell his electric car company Tesla, to Google for $6bn (£4bn) when it was heading for bankruptcy with just two weeks' worth of cash left in the bank. During the first week of March 2013, Musk spoke to his friend Larry Page, chief executive of Google, about the search giant buying his car company, which at the time was suffering from falling sales amid technical problems with the few Model S luxury sedan cars it had delivered. Ashlee Vance, author of upcoming book Elon Musk: Tesla, SpaceX and the Quest for a Fantastic Future, claims in an extra for Bloomberg two people 'with direct knowledge of the deal' said Musk and Page agreed to the buyout and shook on a price of around $6bn. This was plus promises from Google to invest $5bn for factory expansion and to not break Tesla up or close it down."
The Almighty Buck

William Shatner Proposes $30 Billion Water Pipeline To California 670

Posted by samzenpus
from the pipe-it-in dept.
Taco Cowboy writes The 84-year-old Star Trek star wants to build a water pipeline to California. All it'll cost, according to Mr. Shatner, is $30 billion, and he wants to KickStarter the funding campaign. According to Mr. Shatner, if the KickStarter campaign doesn't raise enough money then he will donate whatever that has been collected to a politician who promise to build that water pipe. Where does he wants to get the water? Seattle, "A place where there's a lot of water. There's too much water," says Mr. Shatner.
Spam

Whoah, Small Spender! Steam Sets Limits For Users Who Spend Less Than $5 229

Posted by timothy
from the are-you-committed-or-just-involved dept.
As GameSpot reports, Valve has implemented a policy that reduces the privileges of Steam users unless those users have spent $5 through the service. Along the same lines as suggestions to limit spam by imposing a small fee on emails, the move is intended to reduce resource abuse as a business model. From the article: "Malicious users often operate in the community on accounts which have not spent any money, reducing the individual risk of performing the actions they do," Valve said. "One of the best pieces of information we can compare between regular users and malicious users are their spending habits as typically the accounts being used have no investment in their longevity. Due to this being a common scenario we have decided to restrict certain community features until an account has met or exceeded $5.00 USD in Steam." Restricted actions include sending invites, opening group chats, and taking part in the Steam marketplace.
Power

Utilities Battle Homeowners Over Solar Power 533

Posted by timothy
from the one-hand-giveth dept.
HughPickens.com writes Diane Cardwell reports in the NYT that many utilities are trying desperately to stem the rise of solar power, either by reducing incentives, adding steep fees or effectively pushing home solar companies out of the market. The economic threat has electric companies on edge. Over all, demand for electricity is softening while home solar is rapidly spreading across the country. There are now about 600,000 installed systems, and the number is expected to reach 3.3 million by 2020, according to the Solar Energy Industries Association. In Hawaii, the current battle began in 2013, when Hawaiian Electric started barring installations of residential solar systems in certain areas. It was an abrupt move — a panicked one, critics say — made after the utility became alarmed by the technical and financial challenges of all those homes suddenly making their own electricity. "Hawaii is a postcard from the future," says Adam Browning, executive director of Vote Solar, a policy and advocacy group based in California.

But utilities say that solar-generated electricity flowing out of houses and into a power grid designed to carry it in the other direction has caused unanticipated voltage fluctuations that can overload circuits, burn lines and lead to brownouts or blackouts. "At every different moment, we have to make sure that the amount of power we generate is equal to the amount of energy being used, and if we don't keep that balance things go unstable," says Colton Ching, vice president for energy delivery at Hawaiian Electric, pointing to the illuminated graphs and diagrams tracking energy production from wind and solar farms, as well as coal-fueled generators in the utility's main control room. But the rooftop systems are "essentially invisible to us," says Ching, "because they sit behind a customer's meter and we don't have a means to directly measure them." The utility wants to cut roughly in half the amount it pays customers for solar electricity they send back to the grid. "Hawaii's case is not isolated," says Massoud Amin. "When we push year-on-year 30 to 40 percent growth in this market, with the number of installations doubling, quickly — every two years or so — there's going to be problems."
Google

Google Helps Homeless Street Vendors Get Paid By Cashless Consumers 141

Posted by samzenpus
from the easy-pay dept.
An anonymous reader writes Starting today Seattle pedestrians can no longer pat their pockets and claim to have no cash when offered a copy of the ironically-named Real Change weekly newspaper by a homeless street vendor. Google has spent two years working with the Real Change organization to develop a barcode-scanning app which lets passers-by purchase a digital edition with their mobile phones. Google's Meghan Casserly believes the Real Change app — available on Android and iOs — represents the first of its kind in North America.
Education

LA Schools Seeking Refund Over Botched iPad Plan 325

Posted by Soulskill
from the good-luck-with-that dept.
SternisheFan sends news that Los Angeles Unified School District is asking Apple for a refund of the district's effort to equip students with iPads. The project was budgeted at around $1.3 billion to equip its 650,000 students, though only about 120,000 iPads have been purchased so far. After the program went bad, the FBI launched an investigation into their procurement practices. The iPads weren't standalone education devices — they were supposed to work in conjunction with another device carrying curriculum from a company named Pearson. But the district now says the combined tech didn't meet their needs, and they want their money back. Lawyers for the local Board of Education are looking into litigation options. They've also notified Apple and Pearson they won't pay for any new products or services.
Australia

2K, Australia's Last AAA Studio, Closes Its Doors 169

Posted by timothy
from the even-with-all-that-regulation dept.
beaverdownunder writes 2K Australia, the Canberra studio that most recently developed Borderlands: The Pre-Sequel, is closing its doors. The entire studio is closing, and all staff members will lose their jobs. "All hands are gone," said a source for Kotaku Australia. 2K Canberra was the last major AAA-style studio operating out of Australia. The costs of operating in Australia are apparently to blame for the decision. This raises questions as to the viability of developing major video games in Australia.
Businesses

Seattle CEO Cuts $1 Million Salary To $70K, Raises Employee Salaries 482

Posted by timothy
from the motivations-vary dept.
First time accepted submitter fluffernutter writes Dan Price started his company, Gravity Payments, out of university when he was 19. Now he is cutting his $1 million salary to $70,000 and promising to raise all his employees' salaries. Dan is quoted as saying he made the move because "I think this is just what everyone deserves."Good business practice? Silly boosterism? Enlightened self-interest?
Businesses

Chinese Ninebot Buys US Rival Segway 134

Posted by samzenpus
from the lean-into-it dept.
An anonymous reader writes Xiaomi-backed startup Ninebot, a Chinese maker of electric-powered personal transportation products, has acquired U.S. rival Segway – the two-wheeler upright scooter which has become a running joke, synonymous with various comedic appearances (such as in U.S. sitcom Arrested Development and the 2009 comedy Paul Blart: Mall Cop), and the death of its owner at the hands of an unfortunate Segway-induced cliff fall. However Gao Lufeng, chief executive, still recognizes the potential of the Segway and has bought the U.S. company for an undisclosed amount. Lufeng confirmed that Ninebot had also secured $80mn in funding from Xiaomi and venture capital firm Sequoia Capital.
The Almighty Buck

'We the People' Petition To Revoke Scientology's Tax Exempt Status 700

Posted by Soulskill
from the brought-to-you-by-years-of-pointless-irritation dept.
An anonymous reader writes: There has been a lot of interest in the activities of the Church of Scientology recently, especially since the release of Alex Gibney's documentary Going Clear. A petition against tax-exempt status for Scientology has been started on the U.S. White House petition website. If it receives more than 100,000 signatures, it will qualify for an official White House response. Even Slashdot has had its own run-ins with Scientology in the past — one of many internet sites to face legal threats from the Church. Has the time come for Scientology go "clear?"
Businesses

How Mission Creep Killed a Gaming Studio 131

Posted by Soulskill
from the not-actually-about-duke-nukem-forever dept.
Nerval's Lobster writes: Over at Kotaku, there's an interesting story about the reported demise of Darkside Game Studios, a game-development firm that thought it finally had a shot at the big time only to collapse once its project requirements spun out of control. Darkside got a chance to show off its own stuff with a proposed remake of Phantom Dust, an action-strategy game that became something of a cult favorite. Microsoft, which offered Darkside the budget to make the game, had a very specific list of requirements for the actual gameplay. The problem, as Kotaku describes, is those requirements shifted after the project was well underway. Darkside needed more developers, artists, and other skilled tech pros to finish the game with its expanded requirements, but (anonymous sources claimed) Microsoft refused to offer up more money to actually hire the necessary people. As a result, the game's development imploded, reportedly followed by the studio. What's the lesson in all this? It's one of the oldest in the book: Escalating and unanticipated requirements, especially without added budget to meet those requirements, can have devastating effects on both a project and the larger software company.