Lawsuit against cinema for refusing cash – and thus slurping private data

Michiel Jonker from Arnhem has sued a cinema that has moved location and since then refuses to accept cash at the cash register. All payments have to be made by pin. Jonker feels that this forces visitors to allow the cinema to process personal data. He tried something of the sort in 2018 which was Read more about Lawsuit against cinema for refusing cash – and thus slurping private data[…]

U.S. government limits exports of artificial intelligence software – seem to have forgotten what happened when they limited cryptographic exports in the 90s

The Trump administration will make it more difficult to export artificial intelligence software as of next week, part of a bid to keep sensitive technologies out of the hands of rival powers like China. Under a new rule that goes into effect on Monday, companies that export certain types of geospatial imagery software from the Read more about U.S. government limits exports of artificial intelligence software – seem to have forgotten what happened when they limited cryptographic exports in the 90s[…]

France slaps Google with $166M antitrust fine for opaque and inconsistent ad rules

France’s competition watchdog has slapped Google with a €150 million (~$166 million) fine after finding the tech giant abused its dominant position in the online search advertising market. In a decision announced today — following a lengthy investigation into the online ad sector — the competition authority sanctioned Google for adopting what it describes as Read more about France slaps Google with $166M antitrust fine for opaque and inconsistent ad rules[…]

Airbnb is a platform not an estate agent, says Europe’s top court – means they don’t have to collect taxes for counties either

Airbnb will be breathing a sigh of relief today: Europe’s top court has judged it to be an online platform, which merely connects people looking for short-term accommodation, rather than a full-blown estate agent. The ruling may make it harder for the “home sharing” platform to be forced to comply with local property regulations — Read more about Airbnb is a platform not an estate agent, says Europe’s top court – means they don’t have to collect taxes for counties either[…]

Private equity buys Lastpass owner LogMeIn – will they start monetising your logins?

Remote access, collaboration and password manager provider LogMeIn has been sold to a private equity outfit for $4.3bn. A consortium led by private equity firm Francisco Partners (along with Evergreen, the PE arm of tech activist investor Elliott Management), will pay $86.05 in cash for each LogMeIn share – a 25 per cent premium on Read more about Private equity buys Lastpass owner LogMeIn – will they start monetising your logins?[…]

QuadrigaCX Want to Exhume Body of CEO Gerald Cotten who died in India under suspicious circumstances and locked customers out of $163m of BTC – to see if it is really him

It’s been about a year since users of Canadian cryptocurrency exchange QuadrigaCX were informed that the company’s CEO unexpectedly died, taking the password that accessed most the money from their accounts with him to the grave. And now, those clients want to know what’s inside that grave. The majority of QuadrigaCX’s holdings were kept offline Read more about QuadrigaCX Want to Exhume Body of CEO Gerald Cotten who died in India under suspicious circumstances and locked customers out of $163m of BTC – to see if it is really him[…]

Ads in Mail and Calendar app for Windows 10 are back and not removable

Microsoft has once again flipped the switch on small banner ads in the Windows 10 Mail and Calendar UWP app for Windows 10. We last saw these ads in November last year, when Microsoft said they were an experiment. Then the ads only showed for those who were not Office 365 subscribers, but on this Read more about Ads in Mail and Calendar app for Windows 10 are back and not removable[…]

Amazon Blocks Sellers From Using FedEx Ground For Prime Shipments – way to have fun using a monopoly!

Amazon.com is blocking its third-party sellers from using FedEx’s ground delivery network for Prime shipments, citing a decline in performance heading into the final stretch of the holiday shopping season. The ban on using FedEx’s Ground and Home services starts this week and will last “until the delivery performance of these ship methods improves,” according Read more about Amazon Blocks Sellers From Using FedEx Ground For Prime Shipments – way to have fun using a monopoly![…]

ICANN demands transparency from others over .org deal. As for itself… well, not so much

Three weeks after the Internet Society announced the controversial sale of the .org internet registry to an unknown private equity firm, the organization that has to sign off on the deal has finally spoken publicly. In a letter [PDF] titled “Transparency” from the general counsel of domain name system overseer ICANN to the CEOs of Read more about ICANN demands transparency from others over .org deal. As for itself… well, not so much[…]

Sundar Pichai Becomes Alphabet CEO, Larry Page to Step Back

Google CEO Sundar Pichai is adding another responsibility to his job: Pichai will also be the CEO of parent holding company Alphabet going forward, taking the helm from co-founder and longtime CEO Larry Page. Additionally, co-founder Sergey Brin will be resigning from his post as the president of Alphabet. Brin and Page jointly announced the Read more about Sundar Pichai Becomes Alphabet CEO, Larry Page to Step Back[…]

This ‘fix’ for economic theory changes everything from gambles to Ponzi schemes, because people adapt their risks wrt their wealth over time

Whether we decide to take out that insurance policy, buy Bitcoin, or switch jobs, many economic decisions boil down to a fundamental gamble about how to maximize our wealth over time. How we understand these decisions is the subject of a new perspective piece in Nature Physics that aims to correct a foundational mistake in Read more about This ‘fix’ for economic theory changes everything from gambles to Ponzi schemes, because people adapt their risks wrt their wealth over time[…]

Internet Society CEO: Most people don’t care about the .org sell-off. Grabbing money at the expense of non-profits is fine by everyone we didn’t consult or listen to their opinion.

El Reg has quizzed Andrew Sullivan, the president and CEO of the Internet Society (ISOC), about his organistion’s decision to sell the non-profit .org registry to private equity outfit Ethos Capital. We have previously covered the controversy over the proposed sale, the continued failure of ISOC and DNS overseer ICANN to answer detailed questions, and Read more about Internet Society CEO: Most people don’t care about the .org sell-off. Grabbing money at the expense of non-profits is fine by everyone we didn’t consult or listen to their opinion.[…]

Job loss predictions over rising minimum wages haven’t come true – Axios

Eighteen states rang in 2019 with minimum wage increases — some that will ultimately rise as high as $15 an hour — and so far, opponents’ dire predictions of job losses have not come true. What it means: The data paint a clear picture: Higher minimum wage requirements haven’t reduced hiring in low-wage industries or overall. Read more about Job loss predictions over rising minimum wages haven’t come true – Axios[…]

.org being sold off to richest people in world and ex-ceo in massive moneygrab, harming non-profits in the process.

This past weekend, the board of the organization that is selling the rights to .org, and which will likely make $1bn or more from the sale, the Internet Society, met. On both the Saturday and Sunday, the proposed sale was a key topic of conversation. It has just to provide any details on what was Read more about .org being sold off to richest people in world and ex-ceo in massive moneygrab, harming non-profits in the process.[…]

Cayman Bank Targeted By Phineas Fisher Confirms it Was Hacked – 2 TB of data can be searched through now, find the money launderers

On Sunday, Motherboard reported that the hacker or hackers known as Phineas Fisher targeted a bank, stole money and documents, and is offering other hackers $100,000 to carry out politically motivated hacks. Now, the bank Phineas Fisher targeted, Cayman National Bank from the Isle of Man, confirmed it has suffered a data breach. “It is Read more about Cayman Bank Targeted By Phineas Fisher Confirms it Was Hacked – 2 TB of data can be searched through now, find the money launderers[…]

Germany forces Apple to allow use of iPhone’s NFC chip to other payment providers, breaks some little part of the monopoly

A new German law passed yesterday requires Apple to allow other mobile payments services access to the iPhone’s NFC chip for payments to allow them to fully compete with Apple Pay. Apple initially completely locked down the NFC chip so that it could be used only by Apple Pay. It later allowed some third-party apps Read more about Germany forces Apple to allow use of iPhone’s NFC chip to other payment providers, breaks some little part of the monopoly[…]

Thousands of hacked Disney+ accounts are already for sale on hacking forums, technical problems, people driven to bittorrenting again.

Hackers didn’t waste any time and have started hijacking Disney+ user accounts hours after the service launched. Many of these accounts are now being offered for free on hacking forums, or available for sale for prices varying from $3 to $11, a ZDNet investigation has discovered. A stream of user complaints The Disney+ video streaming Read more about Thousands of hacked Disney+ accounts are already for sale on hacking forums, technical problems, people driven to bittorrenting again.[…]

All the tech companies are into finance now – so Google is going into banking. They want to know what you spend your money on.

Google will soon offer checking accounts to consumers, becoming the latest Silicon Valley heavyweight to push into finance. The Wall Street Journal: The project, code-named Cache, is expected to launch next year with accounts run by Citigroup and a credit union at Stanford University, a tiny lender in Google’s backyard. Big tech companies see financial Read more about All the tech companies are into finance now – so Google is going into banking. They want to know what you spend your money on.[…]

‘Nearly All’ Counter-Strike Microtransactions Are Being Used for Money Laundering

Counter-Strike: Global Offensive players will no longer be able to trade container keys between accounts because the trade was part of a massive worldwide fraud network. Players earned cases in Counter-Strike containing weapons and cosmetic upgrades, but had to purchase the keys to open the boxes. Developer Valve runs an internal marketplace on Steam where Read more about ‘Nearly All’ Counter-Strike Microtransactions Are Being Used for Money Laundering[…]

Facebook Under Investigation by 47 Attorneys General

Forty-seven state attorneys general have now joined a sweeping investigation into Facebook’s business practices aimed at determining whether the company has engaged in anti-competitive behavior, ignored privacy laws, or violated any other laws, according to the New York Attorney General’s office. In a statement on Tuesday, Letitia James, the Democratic attorney general of New York, Read more about Facebook Under Investigation by 47 Attorneys General[…]

Bitcoin Isn’t the World’s Most-Used Cryptocurrency – it’s a centralised one run by some private company in Hong Kong

With Tether’s monthly trading volume about 18% higher than that of Bitcoin, it’s arguably the most important coin in the crypto ecosystem. Tether’s also one of the main reasons why regulators regard cryptocurrencies with a wary eye, and have put the breaks on crypto exchange-traded funds amid concern of market manipulation. “If there is no Read more about Bitcoin Isn’t the World’s Most-Used Cryptocurrency – it’s a centralised one run by some private company in Hong Kong[…]

Zimbabwe shuts down mobile money because cash is being sold at a premium of 50%: basically two competing currencies with the same label

Mobile money is fast blossoming in Africa, boosted by rising mobile adoption across the continent, but in Zimbabwe—which is battling a severe financial crunch—the most common cash-in and cash-out functionalities have just been killed off as the government battles to contain the country’s economic crisis. Cash-out is process of converting mobile wallet balances into hard cash Read more about Zimbabwe shuts down mobile money because cash is being sold at a premium of 50%: basically two competing currencies with the same label[…]

​Docker has a business plan headache, another showcase for FOSS money making failure

We love containers. And, for most of us, containers means Docker. As RightScale observed in its RightScale 2018 State of the Cloud report, Docker’s adoption by the industry has increased to 49 percent from 35 percent in 2017. All’s not well in Docker-land There’s only one problem with this: While Docker, the technology, is going Read more about ​Docker has a business plan headache, another showcase for FOSS money making failure[…]

Darknet cybercrime servers hosted in former NATO bunker in Germany busted in 600 policemen operation

A cybercrime data center that was shut down by German authorities was housed inside a former NATO bunker in a sleepy riverside town, police revealed on Friday. More than 600 law enforcement personnel including Germany’s elite federal police unit, the GSG 9, were involved in an anti-cybercrime operation that took place in the town of Read more about Darknet cybercrime servers hosted in former NATO bunker in Germany busted in 600 policemen operation[…]

Congress Is Investigating Apple’s Repair Monopoly

The United States House of Representatives’ Judiciary Committee is launching an antitrust investigation into Apple and its anti-competitive behavior. Part of the investigation will focus on Apple’s repair monopoly, which for years has given the company control over the useful life of its products. In a letter to Apple, the committee asked Apple to turn Read more about Congress Is Investigating Apple’s Repair Monopoly[…]