Microsoft

Bill Gates Is No Longer The World's Richest Person After Amazon Stock Surge (cnn.com) 12

"Jeff Bezos has leapfrogged Bill Gates again for the title of world's richest billionaire..." announced CNN Money. An anonymous reader quotes their report. Amazon stock jumped 13.5% on Friday after the company turned in another incredible earnings report -- more than a quarter-billion dollars in profit in three months. Bezos owned nearly 80 million shares in Amazon as of August, according to the most recent available data from FactSet. He made more than $10 billion from the one-day stock surge and is now worth well over $90 billion. At the end of trading on Thursday, Gates occupied the top spot in the Bloomberg Billionaires Index, with a net worth of $88 billion. Bezos had $83.5 billion, and his big day on Friday was more than enough to close the gap.
In July sales for Amazon's self-created holiday "Prime Day" were actually higher than they were on Black Friday. Amazon's sales for the quarter were $11 billion higher than they were a year ago -- increasing 29% even before an additional $1.3 billion from Whole Foods sales, for total sales over three months of $43.7 billion.

Amazon now also projects that their yearly revenue from AWS will be $2 billion higher.
Bitcoin

Samsung Made a Bitcoin Mining Rig Out of 40 Old Galaxy S5s (vice.com) 19

An anonymous reader quotes a report from Motherboard: Samsung is starting a new "Upcycling" initiative that is designed to turn old smartphones and turn them into something brand new. Behold, for example, this bitcoin mining rig, made out of 40 old Galaxy S5 devices, which runs on a new operating system Samsung has developed for its upcycling initiative. Samsung premiered this rig, and a bunch of other cool uses for old phones, at its recent developer's conference in San Francisco. Upcycling involves repurposing old devices instead of breaking them down for parts of reselling them. The people at Samsung's C-Lab -- an engineering team dedicated to creative projects -- showed off old Galaxy phones and assorted tablets stripped of Android software and repurposed into a variety of different objects. The team hooked 40 old Galaxy S5's together to make a bitcoin mining rig, repurposed an old Galaxy tablet into a ubuntu-powered laptop, used a Galaxy S3 to monitor a fishtank, and programed an old phone with facial recognition software to guard the entrance of a house in the form of an owl. Samsung declined to answer specific questions about the bitcoin mining rig, but an information sheet at the developer's conference noted that eight galaxy S5 devices can mine at a greater power efficiency than a standard desktop computer (not that too many people are mining bitcoin on their desktops these days).
Medicine

NotPetya Outbreak Left Merck Short of HPV Vaccine Gardasil (securityledger.com) 31

chicksdaddy shares a report from The Security Ledger: The NotPetya malware infection shut down pharmaceutical giant Merck's production of the pediatric vaccine GARDASIL last June, forcing the company to borrow the drug from a stockpile maintained by the U.S. Centers for Disease Control and Prevention to meet demand, The Security Ledger reports. The anecdote was contained in a quarterly filing by Merck with the U.S. Securities and Exchange Commission (SEC) on Friday. That filing also showed that the company continues to suffer financial fallout from the outbreak of the NotPetya malware in June, reducing both sales and revenue for the quarter by hundreds of millions of dollars. In its quarterly 8-k filing, Merck said that revenue for the quarter was "unfavorably impacted" by around $135 million due to "lost sales in certain markets related to the cyber-attack." Sales in the third quarter of 2017 were also reduced by around $240 million, which Merck chalked up to production shutdowns resulting from NotPetya. In a chilling insight into the extent of the disruption the malware caused to Merck's operations, the company disclosed that part of its quarterly losses were linked to the interruption of its production of GARDASIL, a vaccine used to prevent Human Papillomavirus (HPV) which is linked to certain cancers and other diseases. To make up for what it described as "overall higher demand than originally planned," Merck was forced to borrow the vaccine from a stockpile maintained by the U.S. Centers for Disease Control (CDC), the company said.
Space

SpaceX Eyes 19 Launches In 2017 (arstechnica.com) 23

SpaceX has managed to launch fifteen rockets this year as a result of its more efficient production flow over last year, a maturing Falcon 9 rocket, and an experienced workforce. On Monday, the company will go for its 16th launch of the year, doubling its previous record. It plans to launch its 19th rocket before year's end. Ars Technica reports: This year has seen a number of firsts for the company -- first reflight of a Falcon 9 booster, first reuse of a Dragon cargo spacecraft, first national security payload, and a remarkable dozen landings. But probably the biggest achievement has been finally delivering on the promise of a high flight rate. For years, competitors in the global launch industry have noted, with skepticism, that SpaceX has been unable to achieve higher flight rates and fly out its lengthy manifest. Those concerns appeared to have some merit, especially after SpaceX endured difficult financial years in 2015 and 2016, when the company lost two Falcon 9 rockets (one during launch and the other during a ground test) along with a payload. However, competitors worried, if SpaceX did ever figure things out, the company could become a "steamroller" with its lower cost flight opportunities.

On Monday, weather permitting, SpaceX will attempt to launch the Koreasat 5A communications satellite for a South Korean company. The launch window for the Kennedy Space Center-based liftoff opens at 3:34pm ET. After this, it's likely that SpaceX will launch two or three (possibly more) missions in 2017, bringing the company's tally for the year to 19 missions. (That would be one shy of the company's total for 2014, 2015, and 2016 combined).

AI

Wall Street's Research Jobs Are the Most Likely To Be Upended By AI (qz.com) 47

An anonymous reader quotes a report from Quartz: Research analysts are the most likely employees on Wall Street to find themselves working with -- or being replaced by -- robots, according to a survey by Greenwich Associates. By next year, some 75% of banks and financial firms will either explore or implement artificial intelligence technologies, harnessing a variety of digital services to extract insights from mountains of data. While AI is probably near the peak of its hype cycle, several factors have helped it gain traction in recent years, according to Greenwich. Billions of images and documents are now available online for training computers to spot patterns and other high-level tasks. Advances in graphical processing units, which are adept at the kind of data crunching required by AI, are making sifting through daunting datasets much easier. The cloud has also made it cheaper for researchers and startups to boost their computing power to service sophisticated AI-enabled systems. AI makes sense for financial research, as machines can crunch reams of data more quickly than human analysts and, with the right data, identify obscure correlations and patterns.
Advertising

YouTube Is Fighting the 'Adpocalypse' With a Less Trigger-Happy Flagging System (theverge.com) 130

YouTube has rolled out a new algorithm that the company says will more accurately reflect YouTube's guidelines for ad-friendly material and result in fewer videos being flagged as advertiser-friendly. "It will supposedly reduce the number of demonetized listings by 30 percent, so 'millions more videos' will be able to make money off the full range of advertisements," reports The Verge. From the report: A YouTube manager writes that the new algorithm was trained by nearly three months' worth of human reviews, starting after YouTube added a manual appeals process for creators in August. Theoretically, this should narrow the range of false positives -- videos that were incorrectly flagged for promoting drug use, using excessive profanity, highlighting gratuitous violence, or otherwise featuring content that advertisers might find objectionable. It's being applied retroactively, so creators who didn't appeal could still get some old videos remonetized. Google also encourages people to keep appealing potentially incorrect flags, because "this updated system is an improvement, but it's not perfect."
Businesses

Comcast Tries To Derail Fort Collins Community Broadband (dslreports.com) 56

Karl Bode reports of Comcast's efforts to "derail Fort Collins community broadband": Colorado is one of more than twenty states where incumbent broadband ISPs have quite literally written and purchased state protectionist laws prohibiting towns and cities from getting into the broadband business, even in instances where the private sector has failed to deliver. But Colorado is unique in that town and cities in the state have been able to vote locally on whether to overturn this ISP-lobbying-for- law, SB 152. And guess what? They keep voting to exempt themselves from the law, usually overwhelmingly. Dozens of cities and towns continue to opt out of the restrictive state measure during local elections. More than 100 have done it so far, which should tell you plenty about how locals feel about their local broadband options. Fort Collins, Colorado will be the latest to try and table a petition on November 7 simply exploring the idea of opting out of this state provision and considering a city-run broadband network. But Motherboard highlights how incumbent ISPs like Comcast have already spent more than $200,000 to prevent this conversation from even happening. To be clear Fort Collins isn't certain to proceed with such a network, but incumbent ISPs are terrified they've even begun to have the conversation, and have been running ads like this one to try and derail it.
Privacy

The New York Times Launches Tor Onion Service To Overcome Censorship, Ensure Privacy (betanews.com) 61

Mark Wilson quotes a report from BetaNews: The New York Times has announced that it is launching a Tor Onion Service version of its website. The new, more secure way to access the site will open it up to people around the world whose internet connections are blocked or monitored. It also caters to a growing breed of people who are concerned about what their web browsing habit might reveal and who have turned to Tor to protect their privacy. The new service is described as "experimental and under development," and some features of the website -- such as the ability to comment -- do not work. The NYT warns that fine-tuning of performance and features may mean there are periods of downtime, but the long-term aim is to completely replicate the main website as an Onion Service.
Communications

EA Shuts Down Fan-Run Servers For Older Battlefield Games (arstechnica.com) 93

An anonymous reader quotes a report from Ars Technica: Since 2014, a group of volunteers going by the name Revive Network have been working to keep online game servers running for Battlefield 2, Battlefield 2142, and Battlefield Heroes. As of this week, the team is shutting down that effort thanks to a legal request from publisher Electronic Arts. "We will get right to the point: Electronic Arts Inc.' legal team has contacted us and nicely asked us to stop distributing and using their intellectual property," the Revive Network team writes in a note on their site. "As diehard fans of the franchise, we will respect these stipulations."

EA's older Battlefield titles were a victim of the 2014 GameSpy shutdown, which disabled the online infrastructure for plenty of classic PC and console games. To get around that, Revive was distributing modified versions of the older Battlefield titles along with a launcher that allowed access to its own, rewritten server infrastructure. The process started with Battlefield 2 in 2014 and expanded to Battlefield 2142 last year, and Battlefield Heroes a few month ago. It's the distribution of modified copies of these now-defunct games that seems to have drawn the ire of EA's legal department. Revive claimed over 900,000 registered accounts across its games, including nearly 175,000 players for the recently revived Battlefield Heroes.

Iphone

PSA: Apple's iPhone X Screen Repair Will Cost You $279 (macrumors.com) 108

We already know the iPhone X is expensive: it starts at $999 for the 64GB variant. But what about the cost of a screen replacement? If you don't have the extended warranty, a screen replacement will cost you $279, which is more than twice the price of an iPhone 6 screen replacement ($129) and about 65 percent higher than a new iPhone 8 screen ($169). MacRumors reports: In the United States, Apple will charge flat rates of $279 for iPhone X screen repairs and $549 for any other damage to the device, unless it is a manufacturing defect covered by Apple's standard one-year limited warranty. The fees vary in other countries, such as Australia, Canada, Germany, and the United Kingdom.

-Australia: $419 for screen repairs, $819 for other damage
-Canada: $359 for screen repairs, $709 for other damage
-Germany: 321 Euros for screen repairs, and 611 Euros for other damage
-United Kingdom: 286 British Pounds for screen repairs, 556 British Pounds for other damage
-United States: $279 for screen repairs, $549 for other damage

These prices do not apply to customers who purchase AppleCare+ for the iPhone X, which costs $199 upfront in the United States. AppleCare+ is an optional warranty plan that extends an iPhone's coverage to two years from the original purchase date of the device. The plan adds up to two incidents of accidental damage coverage, each subject to a lower service fee of $29 for screen repairs, or $99 for any other damage.

Android

Everything New In the Android 8.1 Oreo Developer Preview (theverge.com) 34

On Wednesday, Google launched the Android 8.1 Developer Preview. The new version of Android is available for Pixel and Nexus devices, and features a number of under-the-hood changes. The new version tests another change to notifications in which apps can only make a notification sound alert once per second. It also contains an Easter egg: the Android Oreo logo now looks like an actual cookie. The Verge reports that 8.1 is eventually supposed to activate the hidden Pixel Visual Core system-on-a-chip, which aims to make image processing smoother and HDR+ available to third-party developers.
Transportation

Alphabet's Waymo Will Test Self-Driving Cars In Snowy Detroit (bloomberg.com) 51

An anonymous reader quotes a report from Bloomberg: Alphabet's Waymo, the vehicle arm of Google's parent, announced on Thursday that it will start testing its autonomous Chrysler minivans on roads in the greater Detroit area. Michigan will be the sixth state where Waymo has run its vehicles on public roads. But the region is the first with a winter dominated by snow and ice, the kind of inclement conditions that pose hurdles for vehicle sensors. "Having lived through fourteen Michigan winters, I'm confident that there are few better places that will prepare our self-driving cars for winter conditions," John Krafcik, Waymo's chief executive officer and a former Ford executive, said in a statement. Waymo opened a testing facility in suburban Detroit last year. The hometown automakers are already there. Ford has tested self-driving cars in the state (including some for pizza delivery). General Motors' Cruise Automation is experimenting there as well.
Software

Time To Move on from DevOps and Continuous Delivery, Says Google Advocate (zdnet.com) 92

A reader shares a report: Continuous improvement and continuous delivery (CI/CD) and DevOps may be on many peoples' minds these days, but there's nothing particularly new about the concept -- software shops should have put these concepts into action years ago. Instead, technology leaders should be now worrying about the futures of their businesses. That's the view of Kelsey Hightower, staff developer advocate at Google Cloud Platform, who says too many IT leaders are debating how to manage IT operations and workflows, when their businesses are being hit with unprecedented disruption. "CI/CD is a done deal -- like 10 years ago it was a done deal," he said in a recent podcast with CTO Advisor's Keith Townsend. "There is nothing to figure out in that domain. A lot of people talk about DevOps, and there may be some culture changes, in number of people who can do it or are allowed to do it. For me, that is the table stakes. CI/CD, DevOps; we have to say, listen, figure it out, or go work with another team outside this company to figure it out."
Security

Kaspersky CEO Says Hack Claims Cutting US Cyber Security Sales (reuters.com) 62

Eugene Kaspersky told news agency Reuters on Friday that his cyber security firm that bears his name would see a 'single digit' drop in U.S. sales this year as a result of suspicions about his company's ties to the Russian government, but global revenue should still increase. From a report: By turns frustrated and defiant in an 80-minute interview in his Moscow office, the founder and head of the embattled antivirus software maker denounced what he called an "information war" against his company, repeatedly asserting that "we've done nothing wrong." Anton Shingarev, Kaspersky Lab's vice president of public affairs, also told Reuters during the interview the company had abandoned efforts to sell its services to the U.S. government and that it would wind down its Washington-area subsidiary, KGSS. Kaspersky Lab has become a lightning rod in recent months as it has faced allegations by the U.S. government that its antivirus products can be used by Russian spies to conduct cyber espionage. Office Depot, Staples and Best Buy have stopped selling Kaspersky's security suite in their stores.
Businesses

British Company Adds the Word 'Blockchain' to Its Name, Sees Its Shares Surge 394% (bloomberg.com) 47

On-Line PLC, a British provider of stock market data, today saw its shares climb nearly 400% after changing its name to On-Line Blockchain PLC. From a report: "Blockchain technology and cryptocurrencies are a new and exciting area we have been working on for some time," the Essex-based company said in a statement on Thursday. "We feel the time is right to re-name the company to reflect these developments, where we believe the future growth will be in our sector." The shares pared gains after the company published a follow-up release on Friday, cautioning investors that the development of its blockchain product is still at an early stage. Still, the 238 percent rise as of 2:36 p.m. in London leaves the company's market value of 4.4 million pounds ($5.8 million) at its highest since 2005.

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