Friday, 13 July 2018

US appeals judge's order allowing AT&T to buy Time Warner.

The US Justice Department has appealed a judge's order allowing the AT&T mega-merger with media-entertainment giant Time Warner to proceed
The US Justice Department on Thursday appealed last month's ruling from a federal judge allowing AT&T to buy Time Warner in a mega-deal that could reshape the media-entertainment landscape.

A notice of appeal was filed with a federal appeals court one month after Judge Richard Leon rejected the government's efforts to block the $85 billion deal following a weeks-long antitrust trial.

Leon ruled the government had failed to meet its burden of proof that the tie-up between the largest US pay-TV operator and the media-entertainment giant would harm competition.

The decision delivered a stinging rebuke to Donald Trump's administration in its first major antitrust court case.

The two companies completed the merger in the days following the ruling, so if the government prevails, the appeals court could order the deal undone or require AT&T to sell off parts of Time Warner.

Full story at Phys Org

Thursday, 12 July 2018

How can manufacturers deliver in the share economy?

Below are a few key tactics manufacturers can use to ensure the transition to car sharing services is as smooth and profitable as possible.

For more than 100 years, the automotive industry has adapted to new technologies, evolving customer expectations and demographic shifts. Now more than ever, manufacturers must continue to adjust their business models to succeed in today’s world as consumer preferences have changed and online companies like Amazon and Uber have cultivated an on-demand mindset. Car manufacturers are responding by offering new business models that focus on access opposed to ownership.

Sharing and Subscription
Several automotive manufacturers have announced plans to launch monthly subscription models, while others are entering the car sharing market. As an alternative to traditional leasing options that limit the consumer to one vehicle, a finite period of time and put the responsibility of maintenance and insurance on the drive, Jaguar Land Rover, BMW and other popular automotive manufacturers are investing in the new subscription model. This enables consumers to access a car for a monthly rate that also includes maintenance and insurance and presents the opportunity to fulfil the aspiration to drive a sports car for the commute and a people carrier for the weekend, for example.

By Gill Devine.
Full story ITpro Portal.

Wednesday, 11 July 2018

ICO slaps Facebook with maximum £500,000 fine over Cambridge Analytica scandal.

That's, er, 18 minutes of profit for the social network.

UK DATA WATCHDOG the Information Commissioner's Office (ICO) has slapped Facebook with a £500,000 fine for its part in the Cambridge Analytica scandal. 

The fine, the maximum allowed under the Data Protection Act 1998, relates to Facebook's involvement in the Cambridge Analytica data privacy scandal - in which the personal information of 87 million Facebook users was improperly shared with Cambridge Analytica, a digital consultancy with ties to the Trump campaign.  

The ICO, which has been investigating Facebook since March, said on Tuesday that the social network had fallen foul of British data protection laws twice by failing to safeguard its users' information and not being transparent about how that data was harvested by others. 

"Facebook has failed to provide the kind of protections they are required to under the Data Protection Act," said Elizabeth Denham, the information commissioner. "Fines and prosecutions punish the bad actors, but my real goal is to effect change and restore trust and confidence in our democratic system."

By Carly Page.
Full story at The Inquirer.

Tuesday, 10 July 2018

Global sales of industrial robots log staggering rise.

New data confirms anecdotal reports of the blistering hot global automation industry.

Sales of industrial robots shot up a staggering 31 percent last year.

That's according to new data from the International Federation of Robotics, a major industry trade group. The data confirms previous anecdotal reports, as well as data from the Association for Advancing Automation (A3).

The biggest growth came from China, where sales rose 58 percent. Sales growth in the U.S. was modest by comparison, reaching just 6 percent.

The strongest growth sectors were the metal industry, the electronics industry, and, somewhat surprisingly, the food industry.

Automation has been a growing trend in fast food, with companies like Domino's and Miso Robotics racing to automate food preparation and delivery amid increasing wages industrywide.

BY Greg Nichols.
Full story at ZDnet.

Monday, 9 July 2018

Musk proposes mini-submarine to save Thai cave boys.

American tech entrepreneur Elon Musk has proposed a mini-submarine to save the boys trapped inside a flooded Thai cave, floating the idea on social media while linking it to his space exploration business.

After garnering headlines with initial ideas of installing a giant air tube inside the cave complex and using his firm's penetrating radar to dig holes to reach the boys, Musk's latest concept is the pod.

"Primary path is basically a tiny, kid-size submarine using the liquid oxygen transfer tube of Falcon rocket as hull," Musk said in a tweet to his 22 million followers.

"Light enough to be carried by 2 divers, small enough to get through narrow gaps. Extremely robust."

An accompanying video of people testing the submarine in a swimming pool in Los Angeles that was posted overnight Sunday attracted more than 3.1 million views in 10 hours.

Full story at Phys Org.

Friday, 6 July 2018

Facebook buys London-based AI company.

Image Credit: PHOTOCREO
Michal Bednarek / Shutterstock
Bloomsbury has been acquired for a price of somewhere between $23 million and $30 million.

The startup acquisition war continues, and it's Facebook that's thrown the latest punch. According to media reports, the social media giant has acquired, in early July, a London-based Artificial Intelligence (AI) startup.

The startup's name is Bloomsbury, and it seems to have been acquired for a price of somewhere between $23 million and $30 million.

Bloomsbury is a startup that develops natural language processing (NLP) technology, allowing machines to read documents and answer questions based on what they'd learned from them.

By Sead Fadilpašić.
Full story at ITpro Portal.

Thursday, 5 July 2018

Mozilla Thunderbird 52.9.0 released.

The Thunderbird team has released a new version of the open source cross-platform email client. Thunderbird 52.9.0 is a security update first and foremost which makes it a recommended update for all users of the email client.

The new version of Thunderbird fixes the so-called EFAIL security issue completely. EFAIL was discovered earlier this year by security researchers. It allows attackers to gain access to OpenPGP or S/Mime encrypted messages by managing to get hold of encrypted messages, for instance by network snooping, modifying the emails, and sending them to the target.

The Thunderbird development team fixed the issue partially in Thunderbird 52.8.0 which it released in May 2018.

The release of Thunderbird 52.9.0 fixes the issue completely by removing "some HTML crafted to carry out" an EFAIL attack, and optionally "not decrypting subordinate message parts that otherwise might reveal decrypted content to the attacker".

Full story at Ghacks.
By Martin Brinkmann.

Wednesday, 4 July 2018

Ross Kemp posts bizarre naked World Cup celebration as England beat Colombia – and it's an instant meme.

We want what he was drinking.

Ross Kemp has become an internet sensation after celebrating England's win against Colombia last night (July 3).

The intense match went into extra time AND penalties, and against all odds England were victorious – beating Colombia 4-3 on penalties and securing a place in the quarter finals against Sweden.

Following Eric Dier's winning spot kick, the nation was thrilled, though not quite as thrilled as Ross, who shared a naked (as far as we can see) video of himself on Twitter.

By Bea Mitchell.
Full story at Digital Spy.

Tuesday, 3 July 2018

Dell may become a public company again.

Dell to acquire tracking stock to return to the public stock market.

In a move that could once again make it a publicly traded company, computing and storage giant Dell Inc. plans to announce an acquisition of its publicly traded tracking stock Dell Technologies (DVMT) which it uses to track VMware.

The cash-and-stock deal will eliminate the tracking stock but it will not affect VMware. Dell and its board have been examining a number of options over the past few months including going public and pursuing a reverse merger with VMware.

According to people familiar with the upcoming deal, the company will offer DVMT shareholders significantly more of its privately held shares (DHI common stock) than cash. As a result of the deal, Dell will become a publicly traded stock and DVMT will be acquired at a premium in line with standard transactions.

Dell Technologies will also gain more direct control over VMware. Currently 80 per cent of the company is controlled by the holders of the Dell tracking stock and Dell's DHI shareholders.

By Anthony Spadafora.
Full story at ITpro Portal.