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Businesses

South Korea Prosecutors Seek Arrest of Samsung Chief Jay Y Lee For Bribery (cnbc.com) 21

South Korea's special prosecutors' office said it will seek a warrant to arrest the head of Samsung Group, the country's biggest conglomerate, accusing him of paying multi-million dollar bribes to a friend of President Park Geun-hye. From a report: Samsung Group chief Jay Y. Lee was questioned for 22 straight hours last week as investigators probed a corruption scandal that resulted in parliament impeaching Park last month. The special prosecutors' office accused Lee of paying bribes totaling 43 billion won ($36.42 million) to Choi Soon-sil, a friend of the president who is at the center of scandal. Lee, who became the de facto head of the Samsung Group after his father, Lee Kun-hee, suffered a heart attack in 2014, was also accused of embezzlement and perjury in the prosecution's application for an arrest warrant.
Communications

Deutsche Bank Switches Off Text Messaging (smh.com.au) 60

Deutsche Bank has banned text messages and communication apps such as WhatsApp on company-issued phones in an effort to improve compliance standards. From a report: The functionality will be switched off this quarter, chief regulatory officer Sylvie Matherat and chief operating officer Kim Hammonds told staff in a memo. Unlike emails, text messages can't be archived by the bank, said a person with knowledge of the matter who asked not to be identified discussing internal matters. "We fully understand that the deactivation will change your day-to-day work and we regret any inconvenience this may cause," Matherat and Hammonds said in the memo. "However, this step is necessary to ensure Deutsche Bank continues to comply with regulatory and legal requirements." The policy also applies to private phones used by employees for work purposes. Communication apps such as WhatsApp, Google Talk, iMessage are also prohibited, the memo said.
Privacy

Hackers Corrupt Data For Cloud-Based Medical Marijuana System (bostonglobe.com) 132

Long-time Slashdot reader t0qer writes: I'm the IT director at a medical marijuana dispensary. Last week the point of sales system we were using was hacked... What scares me about this breach is, I have about 30,000 patients in my database alone. If this company has 1,000 more customers like me, even half of that is still 15 million people on a list of people that "Smoke pot"...
" No patient, consumer, or client data was ever extracted or viewed," the company's data directory has said. "The forensic analysis proves that. The data was encrypted -- so it couldn't have been viewed -- and it was never extracted, so nobody has it and could attempt decryption." They're saying it was a "targeted" attack meant to corrupt the data rather than retrieve it, and they're "reconstructing historical data" from backups, though their web site adds that their backup sites were also targeted.

"In response to this attack, all client sites have been migrated to a new, more secure environment," the company's CEO announced on YouTube Saturday, adding that "Keeping our client's data secure has always been our top priority." Last week one industry publication had reported that the outage "has sent 1,000 marijuana retailers in 23 states scrambling to handle everything from sales and inventory management to regulatory compliance issues."
Earth

Moon Express Raises $20 Million In Series B-1, Fully Funds Trip To The Moon (techcrunch.com) 60

The company competing in the Google Lunar X-Prize, Moon Express, has raised $20 million in funding and announced that they have now fully financed their mission to the moon. The company made history last year as it became the first private company to receive permission to travel to the moon. Moon Express plans to launch their MX-1E spacecraft to the moon at the end of 2017 with the goal of winning the $20 million grand prize in the X-Prize competition. TechCrunch reports: If successful, Moon Express would become the first private company and the fourth entity in history to soft-land on the moon. The first three entities were all government-funded superpowers from the U.S., USSR and China. Of course to win that title, Moon Express will need to beat the other X-Prize competitors including SpaceIL from Israel, Team Indus from India (carrying the Japanese team HAKUTO as a payload), and the international team Synergy Moon. Each company has had launch contracts confirmed by X-Prize, a requirement to remain in the competition. The first company to soft-land on the Moon, travel 500 meters across its surface, and transmit high-definition video and images back to Earth will win the grand prize of $20 million. There's also $5 million up for grabs for the company that comes in second. Perhaps the most challenging of the X-Prize requirements is the deadline. To win the prizes, competitors must complete all tasks by the end of 2017. Although the X-Prize Foundation has pushed the deadline back before. What makes the Google Lunar X-Prize competition especially unique is that it required participants to obtain 90% of their funding from private sources. In theory, this would encourage profit-driven business plans, kick-starting a wave of lunar-based commercialization.
Businesses

Someone Is Trying to Sell Those Stolen Three-Screen Razer Laptops in China (geek.com) 48

Just a few days ago, Razer's awesome Project Valerie laptops -- the one with three 4K displays -- were stolen. Now it looks like whoever stole them is trying to sell them. From a report: It turns out that the thief (or thieves) didn't just nab one Project Valerie prototype. They actually got ahold of a pair. Razer CEO Min-Liang Tan understandably wants them back, really, really badly. The company was willing to offer $25,000 to anyone who could offer information that led to the prototypes' return. So where did the laptops end up? Somewhere behind the Great Wall, apparently. Whoever has them isn't trying to quietly fence them in some dark Beijing alleyway, either. They've actually been listed on the immensely popular Chinese e-commerce site Taobao -- where they were spotted by writers at Engadget Chinese and Wccftech.
Businesses

SpaceX Accident Cost it Hundreds of Millions (fortune.com) 66

Elon Musk's SpaceX lost more than a quarter of a billion dollars in 2015 after a botched cargo run to the International Space Station and the subsequent grounding of its Falcon 9 rocket fleet, The Wall Street Journal reported on Friday. From a report: The accident derailed SpaceX's expectations of $1.8 billion in launch revenue in 2016, an analysis of the privately held firm's financial documents showed, according to the Journal, which said it had obtained the documents. SpaceX declined to comment on the Journal's report. In a statement emailed to Reuters, SpaceX chief financial officer Bret Johnsen said the company "is in a financially strong position" with more than $1 billion in cash reserves and no debt.
Advertising

Drone Maker Lily Robotics Faked Promotional Video, Gets Sued For False Advertising and Misleading Business Practices (theregister.co.uk) 37

Dotnaught quotes a report from The Register: Lily Robotics says its decision on Thursday to shut down and return pre-order payments for a never-delivered drone, which came on the same day that San Francisco District Attorney George Gascon charged the company with false advertising and misleading business practices, was purely coincidental. According to a source familiar with the complaint filed against the company, Lily Robotics has known about the DA's investigation for several months. On the strength of a promotional video on YouTube in May 2015, embedded below, Lily Robotics raised more than $34 million in pre-order sales over the course of that year for a drone called Lily Camera. The flying gadget, when built, would be capable of being launched with a throw, following people, and recording them. But after pushing the delivery date back multiple times, Lily Robotics has yet to ship a single drone to its 60,000 prospective customers, according to the lawsuit filed against the company. In theory, Lily Robotics could face a fine of more than a hundred million dollars, depending upon the outcome of a trial, if it comes to that. The company faces potential fines for at least two business code violations subject to a civil penalty of $2,500 per violation, and there are some 60,000 individuals affected. In practice, however, such fines are usually orders of magnitude less, particularly if both sides agree on a settlement. The complaint against Lily, obtained by The Register, alleges that the company knowingly misled customers by creating a promotional video that purported to show video footage captured with a Lily drone prototype. "In fact, none of the video in the Promotional Video was shot by a Lily Camera," the complaint says. "Most notably, the POV footage used in the promotional video was filmed using a professional camera drone called the DJI Inspire." Among the Lily Camera prototypes present at the video shoot, the complaint says, the ones that could actually record video were able to do so because they had Go-Pro cameras mounted on them.
Businesses

Head of Sony Entertainment, Michael Lynton, To Step Down (deadline.com) 9

Sony Entertainment CEO Michael Lynton has told his employees that he is stepping down from the company. He will however be staying with the company for six months to help in the transition. Lynton's note to the staff reads: Dear Colleagues,

Today I will be announcing my resignation from Sony to focus on my position as Chairman of the Board of Snap Inc. This was not an easy decision for me, and one that I arrived at after long and careful consideration. Sony Corp will be issuing an internal note from Kaz to all Sony global employees as well as a press release describing the details and timing of my transition, which I have included below.

As some of you are already aware, I have been involved with Snapchat since its early days. Given Snapchat's growth -- and my growing role and responsibilities in it -- I recently determined that the time was right to make a change.

I leave Sony with great pride in all we have accomplished together -- from our greatest victories to overcoming our biggest challenges. Together we: Produced terrific films such as American Hustle, Captain Phillips, The Social Network, Spider-man, Skyfall and Spectre; and hit TV shows like Breaking Bad, The Blacklist, The Goldbergs, The Crown and Kevin Can Wait; Grew our worldwide networks business to 178 countries, including India with our ownership of the IPL cricket rights the Ten Sports Network; Completed the Lot's most significant capital improvement projects in decades including the Jack and Harry Cohn buildings, Calley Park and the beautiful new 8-story Akio Morita building, which brought Sony Music and Sony/ATV Music Publishing employees onto the Lot for the first time; Completed the $750 million acquisition of the Michael Jackson Estate's stake in Sony/ATV, making us 100% owners; And triumphed over the most devastating and disruptive cyber-attack in corporate history, keeping studio operations running and not missing a single day of production.

Cellphones

Faulty Phone Battery May Have Caused Fire That Brought Down EgyptAir Flight MS80 (ibtimes.co.uk) 138

New submitter drunkdrone writes: "French authorities investigating the EgyptAir crash that killed 66 people last year believe that the plane may have been brought down by an overheating phone battery," reports International Business Times. Investigators say the fire that broke out on the Airbus A320 in May 2016 started in the spot where the co-pilot had stowed his iPad and iPhone 6S, which he placed on top of the instrument panel in the plane's cockpit. From the report: "EgyptAir flight MS804 was traveling from Paris to Cairo when it disappeared from radar on 19 May 2016. Egyptian investigators have speculated that the crash, which killed all 56 passengers, seven crew members and three security personnel on board, was caused by an act of terrorism due to traces of explosives reported to be found on some the victims. Investigators in France have disputed these claims, saying that data recorded from the aircraft around the time it disappeared points to an accidental fire on the right-hand side of the flight deck, next to the co-pilot. According to The Times, CCTV pulled from cameras at Paris' Charles de Gualle airport show that the co-pilot stored a number of personal items above the dashboard, where the first signs of trouble were detected. This included an automated alert indicating a series of malfunctions on the right-hand flight deck window, followed by smoke alerts going off in a toilet and in the avionics area below the cockpit, minutes before the plane vanished."
Android

Creator of Android Andy Rubin Nears His Comeback, Complete With an 'Essential' Phone (bloomberg.com) 73

From a report on Bloomberg: Rubin, creator of the Android operating system, is planning to marry his background in software with artificial intelligence in a risky business: consumer hardware. Armed with about a 40-person team, filled with recruits from Apple and Google, Rubin is preparing to announce a new company called Essential and serve as its Chief Executive Officer, according to people familiar with the matter. A platform company designed to tie multiple devices together, Essential is working on a suite of consumer hardware products, including ones for the mobile and smart home markets, one of the people said. The centerpiece of the system is a high-end smartphone with a large edge-to-edge screen that lacks a surrounding bezel. At the Consumer Electronics Show in Las Vegas in early January, Rubin discussed the smartphone with mobile carrier executives, including some from Sprint Corp., people familiar with the talks said. The smartphone, according to the report, would go on sale around the middle of this year and will cost nearly as much as iPhone 7 ($649, off contract).
Businesses

eBay To Combat Counterfeiters With Professional Authenticators That Inspect High-End Goods 64

To many, eBay serves as a convenient conduit for shifting unwanted goods and buying items at a fraction of their MSRP. But the online shopping emporium has long been a popular platform for fake products, with luxury goods such as fashion accessories and jewelry high on eBay counterfeiters' agenda. eBay is attempting to fix that. From a report: To counter this, eBay has revealed plans to introduce a new authentication program later this year, with a broad focus on "high-end" goods and launching initially as a trial with fashion items such as handbags. Dubbed eBay Authenticate, the new service will be powered by a "network of professional authenticators," and is ultimately designed to encourage buyers to part with cash on expensive items, safe in the knowledge that the merchandise is legitimate.
Programming

App.net is Shutting Down (app.net) 30

Social network App.net is shutting down once and for all in March. The company said on March 14 it will be deleting all user data. The announcement comes two years after the company ceased active development on the platform. From the official blog post: Ultimately, we failed to overcome the chicken-and-egg issue between application developers and user adoption of those applications. We envisioned a pool of differentiated, fast-growing third-party applications would sustain the numbers needed to make the business work. Our initial developer adoption exceeded expectations, but that initial excitement didn't ultimately translate into a big enough pool of customers for those developers. This was a foreseeable risk, but one we felt was worth taking.
Nintendo

Nintendo Switch Will Launch On March 3rd For $299, Won't Feature Region-Locking Software (cnet.com) 154

Nintendo has released more details about its upcoming Nintendo Switch gaming console. We have learned that the console will be launching on March 3rd worldwide, and in North America the console will be available for $299.99. What's more is that it won't feature region-locking for software, meaning you can play games from any region no matter where you buy your console. CNET reports: There will also be a Nintendo Switch online service that will be a paid service. It will launch as a trial with pricing to be announced later in 2017. For fans of imports of Japanese exclusives, it was announced the new system will have no region locking -- a big break from tradition for Nintendo. The Switch itself is said to have battery life from 2.5 to 6 hours and can be charged over USB-C. Nintendo says it will have portable battery accessories also available to charge on the go. The Joy-con is the name for new controller, usable in a combined controller style or separated into two halves to let two players play together. It will also be available in a range of colors for people who want to mix things up. The Joy-con has a whole bunch of clever tricks -- motion control, IR sensor, haptic feedback -- and a series of 'versus' game ideas called "1, 2, Switch" that let you play games (like a quick draw shooting game) without needing to look at the screen, just face each other down with the Joy-con controllers. Other games announced that need you to keep the full Joy-con all to yourself include 'Arms', a robotic boxing battle game, and Splatoon 2. Plus the new Mario game, Super Mario Odyssey, which aims to deliver a 'sandbox' experience across many realms outside the Mushroom kingdom, including the real world. And this time his cap has come to life. For the more serious RPG fans, Xenoblade Chronicles 2 was also announced for the Nintendo Switch. Followed by a very small tease for Fire Emblem Warriors. All up, Nintendo says there are over 80 games in development for the Nintendo Switch. If you live in New York, "a limited quantity of pre-orders for the #NintendoSwitch will begin on 1/13 at 9AM while supplies last," Nintendo NY tweeted.
Businesses

Tesla To Power Gigafactory With World's Largest Solar Rooftop Installation (inhabitat.com) 110

Last week, Tesla announced that its Gigafactory has begun mass production of lithium-ion battery cells in Nevada. But the company failed to mention one thrilling detail in their January 4 announcement: the Gigafactory could be powered by the world's largest solar rooftop installation. According to an investor handout, a 70-megawatt (MW) solar array along with ground solar panels could let the factory operate entirely on clean energy. Inhabitat reports: The 70 MW solar array would be around seven times larger than any rooftop arrays currently installed, according to Tesla's exciting handout released by Electrek and confirmed as genuine by The Verge. The rooftop array currently boasting the title of world's largest is a 11.5 MW installation in India. The United States' biggest rooftop array is a 10 MW array atop a California Whirlpool distribution center. SolarCity will likely manufacture the solar panels, according to The Verge, as Tesla acquired the solar energy company in November. Powerpacks will store any excess energy generated by the vast solar installation. Tesla said in the handout the "all-electric" factory will be able to run with greater efficiency and will produce zero carbon emissions. Heating and water use at the Gigafactory will also be sustainable. In the handout, Tesla said a large part of heating for the building would come from waste heat obtained from production processes. Also, "Gigafactory's closed-loop water supply system uses six different treatment systems to efficiently re-circulate about 1.5 million liters (that's around 400,000 gallons) of water, representing an 80 percent reduction in fresh water usage compared with standard processes." Tesla even said they're building a recycling facility at the Gigafactory that will be able to "safely reprocess" battery cells, packs, and modules to obtain metal usable in new cells.
Privacy

Switzerland Agrees To Its Own New Data Sharing Pact With the US (silicon.co.uk) 15

Mickeycaskill quotes a report from Silicon.co.uk: Switzerland has agreed its own new data transfer agreement with the United States, basing the framework on the deal struck by the European Union (EU) following the invalidation of Safe Harbour. The previous arrangement was invalidated because of concerns about U.S. mass surveillance but Switzerland says the new Swiss-U.S. Privacy Shield will allow Swiss companies to transfer customer data without the need for additional contractual guarantees. The Swiss Federal Council, a seven member executive council that is effectively the head of government in Switzerland, claim citizens will benefit from additional protections and the ability to contact an ombudsman about data issues. Although not part of the EU, Switzerland is a member of the European Economic Area (EEA) and has several bilateral agreements with the EU that sees it adopt many of the bigger bloc's policies. The Federal Council says the alignment between the EU and the Swiss transatlantic data sharing partnerships is good news for multinational organizations.
Medicine

Arizona Plans To Sue Theranos Over Faulty Blood Tests (techcrunch.com) 31

An anonymous reader shares a TechCrunch report: The Arizona attorney general is soliciting outside legal counsel to pursue a consumer fraud lawsuit against the beleaguered blood testing startup Theranos, according to a document posted on the state's procurement website. AZ's AG has so far declined to comment on any action, but the document contends Theranos may have defrauded customers in the state and the office is now seeking proposals to assist it in possible legal action "against Theranos, Inc. and its closely related subsidiaries for violations of the Arizona Consumer Fraud Act arising out of Theranos Inc.'s long-running scheme of deceptive acts and misrepresentations relating to the capabilities and operation of Theranos blood testing equipment." Theranos ran its consumer portion of the business in Arizona and even worked with the state government to change laws allowing consumers to request blood tests without a doctor's permission. But, as the document cites, a myriad bad test results, including those raised in a series of Wall street Journal articles, raised concerns with the attorney general's office.
Businesses

Amazon To Add 100,000 Full-Time US Jobs in Next 18 Months (geekwire.com) 184

An anonymous reader shares a GeekWire report: Amazon just made a big statement about its continued growth aspirations, announcing that it plans to add another 100,000 full-time jobs in the U.S. over the next 18 months, an increase of more than 55 percent in its domestic workforce. The growth would push Amazon's U.S. workforce to more than 280,000 people by mid 2018. Amazon said in an announcement that the jobs will be available to people "all across the country and with all types of experience, education and skill levels -- from engineers and software developers to those seeking entry-level positions and on-the-job training."
Businesses

The Flying Lily Camera Drone is Dead, Buyers Will Be Refunded (mashable.com) 88

The Lily Camera drone, which could begin recording as soon as you threw it into the air and would follow your movements automatically, has failed to materialize. The startup, which took pre-orders worth more than $34 million for its drone camera said Thursday they are shutting down the company and will issue refunds. From a report: The Lily company faced "many ups and downs" last year, the company said, adding that they couldn't secure financing for manufacturing and shipping the first batch of units. The Lily cameras were originally started to begin shipping in February 2016, but the co-founders said "software issues" resulted in a delay in the shipment. Later in October, the team gave people another chance to purchase the device, adding that stores will re-open in 2017. As of last month, the company hadn't shipped a single unit.
Businesses

Amazon Just Got Slapped With a $1 Million Fine For Misleading Pricing (recode.net) 159

Some deals are too good to be true. And, for Amazon, they will cost the company. From a report on Recode: A Canadian enforcement agency announced today that Amazon Canada will pay a $1 million fine for what could be construed as misleading pricing practices. The investigation centered on the practice of Amazon displaying its prices compared to higher "list prices" -- suggested manufacturer prices (MSRPs) designed as marketing gimmicks to make people think they are getting a deal, even though it's often the case that no shopper ever pays that price. "The Bureau's investigation concluded that these claims created the impression that prices for items offered on www.amazon.ca were lower than prevailing market prices," Canada's Competition Bureau said in a statement. "The Bureau determined that Amazon relied on its suppliers to provide list prices without verifying that those prices were accurate."
Earth

SpaceX Details Its Plans For Landing Three Falcon Heavy Boosters At Once (arstechnica.com) 101

An anonymous reader quotes a report from Ars Technica: As part of the process to gain federal approval for the simultaneous landing of its Falcon Heavy rocket boosters in Florida, SpaceX has prepared an environmental assessment of the construction of two additional landing pads alongside its existing site. The report considers noise and other effects from landing up to three first stages at the same time. After undergoing a preliminary review by the U.S. Air Force, the document has been released for public comment. As part of the document, SpaceX also says it would like to build a Dragon capsule processing facility on the landing zone to support refurbishment of the Dragon 2 spacecraft, designed to carry crew into orbit. The 130-foot-long facility would provide a "temporary" facility for vehicle propellant load and propulsion system servicing. When it originally designed its Landing Zone 1 facility at Cape Canaveral Air Force Station, for the single Falcon 9 first stage booster, the company envisioned the need for one main pad approximately 200 feet across, and four smaller contingency pads, each approximately 150 feet in diameter. The chosen site had enough acreage to accommodate all five pads. Improvements in the rocket's landing navigation guidance system obviated the need for the contingency pads with the Falcon 9, however. So now the company wants to use the additional space to construct two concrete landing pads, each with an approximate diameter of 282 feet surrounded by an approximate 50-foot-wide hard-packed soil "apron." This would give SpaceX three landing pads and the ability to bring back all three Falcon Heavy boosters to land while also retaining the option to land one or two on drone ships in the Atlantic Ocean. In addition to the potential for a dozen Falcon 9 launches and landings each year, the document says SpaceX may eventually make six Falcon Heavy launches a year, potentially returning an additional 18 boosters to the Florida-based site. The new pads and crane sites would be configured to allow parallel processing of landed boosters. With U.S. Air Force Approval, construction could begin as early as this spring.

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