Businesses

Gwyneth Paltrow's Goop $120 'Bio-Frequency Healing' Sticker Packs Get Shot Down by NASA (fastcompany.com) 170

From a report: Goop had claimed the costly "Body Vibes" stickers were "made with the same conductive carbon material NASA uses to line space suits so they can monitor an astronaut's vitals during wear" and because of that were able to "target imbalances" of the human body's energy frequencies when they get thrown out of whack, reports Gizmodo. The thing is, NASA confirmed to Gizmodo that they "do not have any conductive carbon material lining the spacesuits" of astronauts. Further reading: The unbearable wrongness of Gwyneth Paltrow - The Outline.
Businesses

McDonald's Hits All-Time High As Wall Street Cheers Replacement of Cashiers With Kiosks (cnbc.com) 560

McDonald's is expected to increase its sales via new digital ordering kiosks that will replace cashiers in 2,500 restaurants. As a result, the company's shares hit an all-time high, rallying 26 percent this year through Monday. CNBC reports: Andrew Charles from Cowen cited plans for the restaurant chain to roll out mobile ordering across 14,000 U.S. locations by the end of 2017. The technology upgrades, part of what McDonald's calls "Experience of the Future," includes digital ordering kiosks that will be offered in 2,500 restaurants by the end of the year and table delivery. "MCD is cultivating a digital platform through mobile ordering and Experience of the Future (EOTF), an in-store technological overhaul most conspicuous through kiosk ordering and table delivery," Charles wrote in a note to clients Tuesday. "Our analysis suggests efforts should bear fruit in 2018 with a combined 130 bps [basis points] contribution to U.S. comps [comparable sales]." He raised his 2018 U.S. same store sales growth estimate for the fast-food chain to 3 percent from 2 percent.
Businesses

Wireless and Drone Execs Praised President Trump as He Pledged To Cut Down Regulations (recode.net) 81

U.S. President Donald Trump offered support for emerging technologies including unmanned aerial vehicles and next-generation wireless networks in a meeting on Thursday with the chiefs of AT&T and General Electric and other business leaders. From a report: For the likes of AT&T CEO Randall Stephenson, the public audience with Trump offered an opportunity to continue nudging the U.S. government -- including in a scheduled, private session with the leader of the Federal Communications Commission earlier Thursday -- to cut back on restrictions that make it difficult for AT&T and other telecom giants to grow their footprint and deploy the new technologies, such as 5G wireless. Speaking with Recode later Thursday, Marcelo Claure, the chief executive of Sprint, said that he and others in his industry had emphasized to Trump that the government must help them deploy new tools like small cells -- essentially, mini cell towers that improve wireless connectivity. Trump, for his part, promised Thursday to cut down on "too many years of excessive government regulation" to enable innovators and investments to offer new cutting-edge tools in health care, science, medicine and communication. "We have had regulation that's been so bad, so out of line that it's really hurt our country," he said.
Government

FCC Proposes $120 Million Fine On Florida Robocall Scammer (reuters.com) 78

The FCC on Thursday proposed a $120 million fine on a Florida resident alleged to have made almost 100 million spoofed robocalls to trick consumers with "exclusive" vacation deals from well-known travel and hospitality companies. Reuters reports: The man, identified as Adrian Abramovich, allegedly made 96 million robocalls during a three-month period by falsifying caller identification information that matched the local area code and the first three digits of recipient's phone number, the FCC said. The calls, which were in violation of the U.S. telecommunications laws, offered vacation deals from companies such as Marriott International Inc, Expedia Inc, Hilton Inc and TripAdvisor Inc. Consumers who answered the calls were transferred to foreign call centers that tried to sell vacation packages, often involving timeshares. These call centers were not related to the companies, the FCC said.
Businesses

Tesla Is Talking To the Music Labels About Creating Its Own Streaming Service (recode.net) 61

An anonymous reader shares a Recode report: Music industry sources say the carmaker has had talks with all of the major labels about licensing a proprietary music service that would come bundled with its cars, which already come equipped with a high-tech dashboard and internet connectivity. Label sources aren't clear about the full scope of Tesla's ambitions, but believe it is interested in offering multiple tiers of service, starting with a Pandora-like web radio offering. The bigger question: Why doesn't Tesla simply integrate existing services, like Spotify or Apple Music, into all of its cars from the start -- especially since Tesla already does a deal with Spotify for Teslas sold outside the U.S.? "We believe it's important to have an exceptional in-car experience so our customers can listen to the music they want from whatever source they choose," a Tesla spokesperson said. "Our goal is to simply achieve maximum happiness for our customers."
Facebook

Facebook Has a New Mission: Bring the World Closer Together (cnn.com) 105

Facebook CEO believes the company's primary purpose is a social one -- the same it has had for year -- but he's ready to update this mission for the first time. From a report: "We used to have a sense that if we could just do those things, then that would make a lot of the things in the world better by themselves," Zuckerberg told CNN Tech. "But now we realize that we need to do more too. It's important to give people a voice, to get a diversity of opinions out there, but on top of that, you also need to do this work of building common ground so that way we can all move forward together." The company even has a new mission statement: "To give people the power to build community and bring the world closer together." This marks the first time the company has overhauled its mission, which had previously been "to give people the power to share and make the world more open and connected." Zuckerberg believes he has just the tool for the job: Facebook Groups, which are now used by a billion people. "A lot of what we can do is to help create a more civil and productive debate on some of the bigger issues as well," Zuckerberg told CNN Tech.
Education

University of Missouri To Use Open Source And Other Cheaper Alternatives For General Education Textbook (columbiatribune.com) 54

Rudi Keller, writing for Columbia Tribune: The University of Missouri will move quickly to use open source and other cheaper alternatives for general education textbooks, building on initiatives already in place, system President Mun Choi said. At an event with members of the Board of Curators, administrators, lawmakers, faculty from all four campuses and student representatives, Choi said the intent is to save money for students while providing up-to-date materials. Faculty, including graduate assistants, will be eligible for incentive payments of $1,000 to $10,000 for preparing and adopting materials that save students money, Choi said. Textbooks are sometimes overlooked as a contributor to the cost of attending college, Choi said. "We want to provide our students an opportunity to have a low cost, high-quality alternative," Choi said.
Businesses

With Her Blog Post About Toxic Bro-Culture at Uber, Susan Fowler Proved That One Person Can Make a Difference (recode.net) 317

Kara Swisher, writing for Recode: It was Lao Tzu who said that "the journey of a thousand miles begins with a single step." In the case of complete and utter change reeling through Uber right now -- culminating in the resignation of its once untouchable CEO Travis Kalanick -- it turns out that it began with one of the most epic blog posts to be written about what happens when a hot company becomes hostage to its increasingly dysfunctional and toxic behaviors. It was clear from the moment you read the 3,000-word post by former engineer Susan Fowler about her time at the car-hailing company that nothing was going to be the same. Titled simply, "Reflecting on one very, very strange year at Uber," the essay deftly and surgically laid out the map that the media and others would use to prove to its out-to-lunch board and waffling investors that Uber CEO Travis Kalanick had to go. In her account, Fowler was neither mean nor self-righteous, although in reading the story that she laid out about her horrible time there, it would have been completely fair for her to have taken that tone.
Businesses

Remember When You Called Someone and Heard a Song? (vice.com) 147

An anonymous reader shares a Motherboard article: If you were youngish in the early 2000s, you probably remember this phenomenon -- calling a friend's cell phone, and instead of hearing the the standard ring, you heard a pop song. Called ringback tones, this digital music fad allowed cell phone owners to subject callers to their own musical preference. Ringback tones were incredibly trendy in the early and mid-2000's, but have since tapered off nearly to oblivion. Though almost nobody is buying ringbacks anymore, plenty of people still have them from back in the day. [...] In the process of writing this story, I heard from several people that they or someone they knew still had a ringback tone, in large part because they have had it for years, and don't know how to get rid of it.
The Almighty Buck

eBay Will Now Price Match Amazon, Walmart and Others On Over 50,000 Items (techcrunch.com) 67

eBay announced today a new Price Match Guarantee for over 50,000 items across its site -- promising that it will have the best deal online, or it will match the lowest price of a competitor. While only select items are available for this offer, "the move is a significant effort on eBay's part to ensure that it doesn't lose customers to Amazon, Walmart and other online stores as the market consolidates behind the industry's major players," reports TechCrunch. From the report: In order to qualify, the item must be one of the new, unopened items sold daily through eBay Deals, for starters. Deals are eBay's selection of "trending" inventory across all its categories -- like consumer electronics, home & garden, and fashion. The deals are also generally offered at 20 percent to 90 percent off, and are sourced from over 900 of eBay's trusted sellers. These sellers include both smaller merchants looking to grow their customer base as well as major consumer brands. At any time, eBay says there are "tens of thousands" of items offered through the Deals site, with featured deals updating at least once per day, beginning at 8 AM PT.
Security

Honda Shuts Down Factory After Finding NSA-derived Wcry In Its Networks (arstechnica.com) 62

A Honda factory near Tokyo was shuttered for over 24 hours this week after its computers became infected with WannaCry, the same ransomware virus responsible for crippling systems in dozens of countries last month, the car manufacturer said Wednesday. From a report: The automaker shut down its Sayama plant northwest of Tokyo on Monday after finding that WCry had affected networks across Japan, North America, Europe, China, and other regions, Reuters reported Wednesday. Discovery of the infection came on Sunday, more than five weeks after the onset of the NSA-derived ransomware worm, which struck an estimated 727,000 computers in 90 countries. [...] Honda officials didn't explain why engineers found WCry in their networks 37 days after the kill switch was activated. One possibility is that engineers had mistakenly blocked access to the kill-switch domain. That would have caused the WCry exploit to proceed as normal, as it did in the 12 or so hours before the domain was registered. Another possibility is that the WCry traces in Honda's networks were old and dormant, and the shutdown of the Sayama plant was only a precautionary measure. In any event, the discovery strongly suggests that as of Monday, computers inside the Honda network had yet to install a highly critical patch that Microsoft released in March.
Businesses

Walmart to Vendors: Get Off Amazon's Cloud (wsj.com) 170

Amazon vs. Walmart saga continues. It turns out, Walmart isn't thrilled about its partners using Amazon's cloud, and it's telling them to get off it (alternative source). From a report: Walmart is telling some technology companies that if they want its business, they can't run applications for the retailer on Amazon's leading cloud-computing service, Amazon Web Services, several tech companies say. [...] Walmart, loath to give any business to Amazon, said it keeps most of its data on its own servers and uses services from emerging AWS competitors, such as Microsoft's Azure.
United States

Etsy Slashes Almost a Quarter Of Its Staff In Attempt To Refocus (engadget.com) 56

Etsy, the online market for artisan and handmade goods, said on Wednesday that it will reduce its workforce by 15 per cent on top of another round of job cuts announced last month. From a report: CEO Josh Silverman announced this morning that Etsy was laying off 15 percent of its workforce. That's in addition to layoffs that were announced in early May; the total workforce reduction comes in at 22 percent, or about 230 employees. Silverman said the layoffs were part of an effort to focus on Etsy's "vital few initiatives," though he didn't specify exactly what parts of the company were being a drag. The only indication was that the company would focus on its "core marketplace."
Software

Uber Finally Adds a Tipping Option To Its App (gizmodo.com) 85

After years of complaints, Uber is rolling out a tipping option for drivers. "Tipping is available in Seattle, Minneapolis and Houston as of today. We're starting with only 3 cities so we can create the best tipping experience for you and your riders. We'll be adding more cities over the next few weeks, and will make tips available to all U.S. drivers, by the end of July 2017," Uber said in an email to drivers. Gizmodo reports: Uber will also roll out a full set of driver-friendly features. The cancellation window will narrow to two minutes (it was previously five) and drivers will get a per-minute fee if a rider makes them wait beyond two minutes. Drivers will also get a cut of Uber's "teen fare" which had previously gone exclusively to Uber. Now, drivers will get $2 of the fee. Uber will also offer drivers the option to enroll in injury-protection insurance. Uber has always argued that it offers a seamless experience and that adding a tip feature into its app would interfere with that. The company promises an up-front fare to the rider, with no fumbling around for cash or evaluation of a driver's performance beyond assigning a rating.
Transportation

Driver Killed In a Tesla Crash Using Autopilot Ignored At Least 7 Safety Warnings (usatoday.com) 502

An anonymous reader quotes a report from USA Today: U.S. investigators said a driver who was killed while using Tesla's partially self-driving car ignored repeated warnings to put his hands on the wheel. In a 538-page report providing new details of the May 2016 crash that killed Ohio resident Joshua Brown in a highway crash in Florida, the National Transportation Safety Board described the scene of the grisly incident and the minutes leading up to it. The agency, which opened an investigation to explore the possibility that Tesla's Autopilot system was faulty, said it had drawn "no conclusions about how or why the crash occurred." The NTSB report appears to deliver no conflicting information. The agency said the driver was traveling at 74 miles per hour, above the 65 mph limit on the road, when he collided with the truck. The driver used the vehicle's self-driving system for 37.5 minutes of the 41 minutes of his trip, according to NTSB. During the time the self-driving system was activated, he had his hands on the wheel for a total of only about half a minute, investigators concluded. NTSB said the driver received seven visual warnings on the instrument panel, which blared "Hold Steering Wheel," followed by six audible warnings.
Bitcoin

South Korean Web Hosting Provider Pays $1 Million In Ransomware Demand (bleepingcomputer.com) 97

An anonymous reader writes: Nayana, a web hosting provider based in South Korea, announced it is in the process of paying a three-tier ransom demand of nearly $1 million worth of Bitcoin, following a ransomware infection that encrypted data on customer' servers. The ransomware infection appears has taken place on June 10, but Nayana admitted to the incident two days later, in a statement on its website.

Attackers asked for an initial ransom payment of 550 Bitcoin, which was worth nearly $1.62 million at the time of the request. After two days of negotiations, Nayana staff said they managed to reduce the ransom demand to 397.6 Bitcoin, or nearly $1 million. In a subsequent announcement, Nayana officials stated that they negotiated with the attackers to pay the ransom demand in three installments, due to the company's inability to produce such a large amount of cash in a short period of time.

On Saturday, June 17, the company said it already paid two of the three payment tranches. In subsequent announcements, Nayana updated clients on the server decryption process, saying the entire operation would take up to ten days due to the vast amount of encrypted data. The company said 153 Linux servers were affected, servers which stored the information of more than 3,400 customers.

Businesses

Amazon Will Now Let You Try On Clothes Before You Buy Them (theverge.com) 104

For many people, buying clothing online is not worth the hassle of getting a pair of pants or a shirt that does not fit. Many retailers have sought to eliminate that risk by offering free returns on clothing, but now Amazon is going even further. From a report: Amazon is launching Prime Wardrobe, a new program that will let you try on clothes before you buy them. Once you select at least three Prime Wardrobe-eligible pieces from over a million clothing options, Amazon will ship your selections to you in a resealable return box with a prepaid shipping label. After you try on the clothes, you can put the ones you don't want back in the box and leave it at your front door -- Prime Wardrobe also comes with free scheduled pickups from UPS. If you decide to keep at least three items you will get a 10 percent discount off your purchase, and if you keep five or more pieces the discount rises to 20 percent.
Bitcoin

NYTimes: Move Over, Bitcoin. Ether Is the Digital Currency of the Moment. (nytimes.com) 117

An anonymous reader shares a report: The price of Bitcoin has hit record highs in recent months, more than doubling in price since the start of the year. Despite these gains, Bitcoin is on the verge of losing its position as the dominant virtual currency. The value of Ether, the digital money that lives on an upstart network known as Ethereum, has risen an eye-popping 4,500 percent since the beginning of the year (alternative source). With the recent price increases, the outstanding units of the Ether currency were worth around $34 billion as of Monday -- or 82 percent as much as all the Bitcoin in existence. At the beginning of the year, Ether was only about 5 percent as valuable as Bitcoin. The sudden rise of Ethereum highlights how volatile the bewildering world of virtual currency remains, where lines of computer code can be spun into billions of dollars in a matter of months. [...] The two-year old system has picked up backing from both tech geeks and big corporate names like JPMorgan Chase and Microsoft, which are excited about Ethereum's goal of providing not only a digital currency but also a new type of global computing network, which generally requires Ether to use. In a recent survey of 1,100 virtual currency users, 94 percent were positive about the state of Ethereum, while only 49 percent were positive about Bitcoin, the industry publication CoinDesk said this month.
Businesses

Leaked Recording: Inside Apple's Global War On Leakers (theoutline.com) 81

Reader citadrianne writes: A recording of an internal briefing at Apple earlier this month obtained by The Outline sheds new light on how far the most valuable company in the world will go to prevent leaks about new products. The briefing, titled 'Stopping Leakers -- Keeping Confidential at Apple,' was led by Director of Global Security David Rice, Director of Worldwide Investigations Lee Freedman, and Jenny Hubbert, who works on the Global Security communications and training team. According to the hour-long presentation, Apple's Global Security team employs an undisclosed number of investigators around the world to prevent information from reaching competitors, counterfeiters, and the press, as well as hunt down the source when leaks do occur. Some of these investigators have previously worked at U.S. intelligence agencies like the National Security Administration (NSA), law enforcement agencies like the FBI and the U.S. Secret Service, and in the U.S. military. Top-notch reporting from The Outline, consider reading the full report. During the briefing, a company executive said they have been able to find two employees who leaked information to media.
Advertising

Time Warner Will Spend $100 Million On Snapchat Original Shows, Ads (techcrunch.com) 40

An anonymous reader quotes a report from TechCrunch: Time Warner and Snap Inc. have announced a new deal that will bring increased ad spending and the development of new made-for-Snapchat shows. People familiar with the deal tell TechCrunch that it is valued at about $100 million spent over the next two years. The newly created shows will span a variety of genres, including scripted drama, daily news shows, documentaries and comedy. The shows will be similar to those already released by other networks on Snapchat, and run 3-5 minutes in a vertical format. Right now there is about one new show airing per day -- this deal will push that to about three news shows per day, varying between the different genres outlined above. Snap will take 50 percent of the ad revenue generated by these shows and the content partners will keep the other half, according to the WSJ.

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