Education

The Mere Presence of Your Smartphone Reduces Brain Power, Study Shows (utexas.edu) 40

An anonymous reader shares a study: Your cognitive capacity is significantly reduced when your smartphone is within reach -- even if it's off. That's the takeaway finding from a new study from the McCombs School of Business at The University of Texas at Austin. McCombs Assistant Professor Adrian Ward and co-authors conducted experiments with nearly 800 smartphone users in an attempt to measure, for the first time, how well people can complete tasks when they have their smartphones nearby even when they're not using them. In one experiment, the researchers asked study participants to sit at a computer and take a series of tests that required full concentration in order to score well. The tests were geared to measure participants' available cognitive capacity -- that is, the brain's ability to hold and process data at any given time. Before beginning, participants were randomly instructed to place their smartphones either on the desk face down, in their pocket or personal bag, or in another room. All participants were instructed to turn their phones to silent. The researchers found that participants with their phones in another room significantly outperformed those with their phones on the desk, and they also slightly outperformed those participants who had kept their phones in a pocket or bag.
Businesses

The High-Tech Jobs That Created India's Gilded Generation Are Disappearing (washingtonpost.com) 110

An anonymous reader shares a report: Information technology services account for 9.5 percent of the India's gross domestic product, according to the India Brand Equity Foundation (IBEF), but now, after decades of boom, the future of the industry seems precarious. Since May, workers' groups have reported unusually numerous layoffs. The Forum for IT Employees (FITE) estimates that 60,000 workers have lost their jobs in the past few months (syndicated source). "Employees are being rated as poor performers so companies can get rid of them," said FITE's Chennai coordinator, Vinod A.J. IT companies and some government officials say the numbers have been exaggerated, but industry experts say the country's digital wunderkinds have much to fear. "For the first time, companies are touching middle management," said Kris Lakshmikanth, chief of a recruitment firm called Head Hunters India. Bias against Indians abroad is also compounding workers' fears of layoffs and downsizing at home. President Trump has stoked anxiety among Indian techies, who make up the majority of applicants for the H-1B visa program for highly skilled foreign workers. Trump has talked about sharply restricting H-1Bs, and this year the number of applications dropped a staggering 16 percent as companies prepared for Trump's immigration cutbacks. Instead, Indian outsourcing companies such as Infosys started recruiting Americans, bowing to Trump's calls for "America First." On Monday, India's Prime Minister Modi will meet Trump to talk about trade, visas and climate issues.
Security

Anthem To Pay $115 Million In The Largest Data Breach Settlement Ever (cnet.com) 54

An anonymous reader quotes CNET: Anthem, the largest health insurance company in the U.S., has agreed to settle a class action lawsuit over a 2015 data breach for a record $115 million, according to lawyers for the plaintiffs. The settlement still has to be approved by US District Court Judge Lucy Koh, who is scheduled to hear the case on August 17 in San Jose, California. And Anthem, which didn't immediately respond to a request for confirmation and comment, isn't admitting any admitting any wrongdoing, according to a statement it made to CyberScoop acknowledging the settlement.

But if approved, it would be the largest data breach settlement in history, according to the plaintiffs' lawyers, who announced the agreement Friday. The funds would be used to provide victims of the data breach at least two years of credit monitoring and to reimburse customers for breach-related expenses. The settlement would also guarantee a certain level of funding for "information security to implement or maintain numerous specific changes to its data security systems, including encryption of certain information and archiving sensitive data with strict access controls," the plaintiff attorneys said.

The breach compromised data for 80 million people, including their social security numbers, birthdays, street addresses (and email addresses) as well as income data. The $115 million settlement averages out to $1.43 for every person who was affected.
Space

SpaceX Livestreams Sunday's Rocket Launch (space.com) 72

An anonymous reader quotes Space.com: A SpaceX Falcon 9 rocket carrying the 10 satellites for Iridium Communications is scheduled to liftoff from Vandenberg Air Force Base in California at 1:25 p.m. PDT (4:25 p.m. EDT/2025 GMT). The live webcast is expected to begin about 1 hour before the opening of the launch window, and you can watch it on SpaceX's website, or at Space.com. This is the second of eight planned Iridium launches with SpaceX. The launches will deliver a total of 75 satellites into space for the $3 billion Iridium NEXT global communications network. "Iridium NEXT will replace the company's existing global constellation in one of the largest technology upgrades ever completed in space," according to a statement from Iridium. "It represents the evolution of critical communications infrastructure that governments and organizations worldwide rely upon to drive business, enable connectivity, empower disaster relief efforts and more."
After the mission the booster rocket will attempt to land on a droneship. The droneships name is "Just Read The Instructions."
The Almighty Buck

Ethereum Exchange Reimburses Customer Losses After 'Flash Crash' (gdax.com) 67

An anonymous reader writes: "The price of ethereum crashed as low as 10 cents from around $319 in about a second on the GDAX cryptocurrency exchange on Wednesday," reports CNBC, calling it "a move that is being blamed on a 'multimillion dollar market sell' order... As the price continued to fall, another 800 stop loss orders and margin funding liquidations caused ethereum to trade as low as 10 cents." An executive for the exchange said "Our matching engine operated as intended throughout this event and trading with advanced features like margin always carries inherent risk."

Though some users complained they lost money, the price rebounded to $325 -- and according to a report on one trading site, "one person had an order in for just over 3,800 ethereum if the price fell to 10 cents on the GDAX exchange," reports CNBC. "Theoretically this person would have spent $380 to buy these coins, and when the price shot up above $300 again, the trader would be sitting on over $1 million." Yet the currency exchange announced Friday that they're honoring everyone's gains, while also reimbursing customers who suffered losses. "We view this as an opportunity to demonstrate our long-term commitment to our customers and belief in the future of this industry."

Crime

90 Cities Install A Covert Technology That Listens For Gunshots (businessinsider.com) 268

An anonymous reader quotes Business Insider: In more than 90 cities across the US, including New York, microphones placed strategically around high-crime areas pick up the sounds of gunfire and alert police to the shooting's location via dots on a city map... ShotSpotter also sends alerts to apps on cops' phones. "We've gone to the dot and found the casings 11 feet from where the dot was, according to the GPS coordinates," Capt. David Salazar of the Milwaukee Police Dept. told Business Insider. "So it's incredibly helpful. We've saved a lot of people's lives."

When three microphones pick up a gunshot, ShotSpotter figures out where the sound comes from. Human analysts in the Newark, California, headquarters confirm the noise came from a gun (not a firecracker or some other source). The police can then locate the gunshot on a map and investigate the scene. The whole process happens "much faster" than dialing 911, Salazar said, though he wouldn't disclose the exact time.

The company's CEO argues their technology deters crime by demonstrating to bad neighborhoods that police will respond quickly to gunshots. (Although last year Forbes discovered that in 30% to 70% of cases, "police found no evidence of a gunshot when they arrived.") And in a neighborhood where ShotSpotter is installed, one 60-year-old man is already complaining, "I don't like Big Brother being in all my business."
The Almighty Buck

The People GoFundMe Leaves Behind (theoutline.com) 241

citadrianne shares a report from The Outline: President Donald Trump's proposed budget seeks to slash $54 billion from social services including programs like Medicaid and Meals on Wheels. As these resources dry up, crowdfunding websites will further entrench themselves as extra-governmental welfare providers in order to fill the gap. For a lucky few, these sites are a lifeline. For most people, they are worthless. Crowdfunding's fatal flaw is that not every campaign ends up getting the money it needs. A recent study published in the journal Social Science & Medicine found that more than 90 percent of GoFundMe campaigns never meet their goal. For every crowdfunding success story, there are hundreds of failures. "As many happy stories as there are in charitable crowdfunding, there are a lot of really worthy causes when you browse these platforms that nobody has given a cent to," Rob Gleasure, professor at the business school of the National University of Ireland, Cork told The Outline. "People haven't come across them." Feller and Gleasure's report highlighted how fickle crowdfunding can be. Of all the Razoo campaigns started in 2013, they found, more than a third didn't receive any funding at all. According to their report, donors are more likely to give to campaigns that feature lots of pictures and accompanying text.
Businesses

6 Female Founders Accuse VC Justin Caldbeck of Making Unwanted Advances (techcrunch.com) 384

An anonymous reader quotes a report from TechCrunch: Yesterday The Information reported on allegations made by half a dozen women working in the tech industry who say they have faced unwanted and inappropriate advances from Silicon Valley venture capitalist, Justin Caldbeck, co-founder and managing partner of Binary Capital. The women include Niniane Wang, co-creator of Google Desktop and a prior CTO of Minted; and Susan Ho and Leiti Hsu, co-founders of Journy, a travel planning and booking service. The Information also talked to three other women who said Caldbeck made inappropriate advances to them. It says these women did not want their names disclosed for fear of retaliation from the VC -- and because of wider concerns they might suffer a backlash from men in the industry who don't see inappropriate advances as a problem. Among the allegations made to The Information are that Caldbeck sent explicit text messages to women; that Caldbeck sent messages in the middle of the night suggesting meeting up; that Caldbeck suggested going to a hotel bedroom during a meeting; that Caldbeck made a proposition about having an open relationship; and that Caldbeck grabbed a woman's thigh under the table of a bar during a meeting. Several of the women reported finding Caldbeck's advances so awkward they gave up on continued dealings with him. In Caldbeck's initial statement, he "strongly" denied the allegations and claimed: "I have always enjoyed respectful relationships with female founders, business partners, and investors." However, in response to The Information's story, his tone changed significantly: "Obviously, I am deeply disturbed by these allegations. While significant context is missing from the incidents reported by The Information, I deeply regret ever causing anyone to feel uncomfortable. The fact is that I have been privileged to have worked with female entrepreneurs throughout my career and I sincerely apologize to anyone who I made uncomfortable by my actions. There's no denying this is an issue in the venture community, and I hate that my behavior has contributed to it." Caldbeck has since released a full statement to Axios, where he says he "will be taking an indefinite leave of absence from Binary Capital..."
China

Tesla Is 'In Talks' To Build a Factory In China (qz.com) 55

Tesla confirmed yesterday that it is "in talks" with the municipal government of Shanghai to manufacture its vehicles in the country. Tesla said in a statement: "Tesla is working with the Shanghai Municipal Government to explore the possibility of establishing a manufacturing facility in the region to serve the Chinese market. As we've said before, we expect to more clearly define our plans for production in China by the end of the year. Tesla is deeply committed to the Chinese market, and we continue to evaluate potential manufacturing sites around the globe to serve the local markets. While we expect most of our production to remain in the U.S., we do need to establish local factories to ensure affordability for the markets they serve." Quartz reports: The announcement follows more than a year of speculation that the electric-vehicle maker would set up shop in China, and confirms that Tesla is altering its China strategy away from merely exporting vehicles in order to reach more Chinese consumers. Earlier this year, Musk made a stealth visit to China to visit Wang Yang, one of the nation's highest-ranking officials, to discuss Tesla's plans. Tesla has been selling vehicles in China since 2014, but to date, its share of the electric vehicle market remains marginal, at just 2% as of June 2016, according to trade blog CleanTechnica. There are several reasons for this, one of which is price. Tesla currently exports its vehicles to China, and the government places an import tax of 50% on Tesla cars. The sticker price for the most simple Model S in China is $104,972, compared to $69,500 in the US.
Businesses

'Chiropractors Are Bullshit' (theoutline.com) 318

From an article on The Outline, submitted by two readers: If you're one of the approximately 80 percent of Americans who have suffered from back pain, you may have been referred to a chiropractor for medical help. In the modern-day internet landscape, you'll find chiropractic celebrities like Dr. Josh Axe (1.7 million Facebook followers), Dr. Billy DeMoss (20,000 Facebook followers), and Dr. Eric Berg (472,000 YouTube subscribers) giving advice that goes beyond managing spinal issues. Both in their offices and on social media, chiropractors have adapted to a marketplace that's demanding more than just pain management: they extol the virtues of an "alkaline diet," tell you how to manage stress with detoxing, and wax scientific about the adrenal gland. [...] Chiropractic care, I'm sorry to say, is little more than the buffoonery of a 19th-century lunatic who derived most of his medical theory from seances. It has not evolved much since its creation. Chiropractic beliefs are dangerously far removed from mainstream medicine, and the vocation's practices have been linked to strokes, herniated discs, and even death. Chiropractors can't replace your doctor, and I'm amazed that they're still even allowed to practice. [...] Though some chiropractors are now making an effort to introduce evidence-based practices into their treatment, chiropractic as a whole hasn't evolved like other areas of medicine -- with hypotheses, experimentation, and peer review. Instead, it was birthed by a strange combination of hocus pocus, guesswork, and strongly held religious beliefs.
Businesses

IT Services Company Wipro Forces 600 Employees To Work In Bed Bug Infested Office (11alive.com) 126

McGruber writes: Information Technology Services CorporationWipro's 600-employee call center in Chamblee, Georgia is in infected with bed bugs according to Atlanta television station 11Alive. The facilities manager admits there is a bed bug problem and it's been an issue since late May. Employees told the tv station that the bugs are all over the three floors -- and they're biting. But employees are being told they still must go to work. Kwanita Holmes sent 11Alive photos of what she said is a bed bug bite on her arm: "We're at work 8 hours a day and we're getting munched on all day," she said. Wipro said it's paying for in-home bed bug consultations and treatments for employees.
Businesses

Gwyneth Paltrow's Goop $120 'Bio-Frequency Healing' Sticker Packs Get Shot Down by NASA (fastcompany.com) 213

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.
Google

Google Will Stop Reading Your Emails For Gmail Ads (bloomberg.com) 67

Google will soon stop scanning emails received by some Gmail users, a practice that has allowed it to show them targeted advertising but which stirred privacy worries. From a report: The decision didn't come from Google's ad team, but from its cloud unit, which is angling to sign up more corporate customers. Alphabet's Google Cloud sells a package of office software, called G Suite, that competes with market leader Microsoft. Paying Gmail users never received the email-scanning ads like the free version of the program, but some business customers were confused by the distinction and its privacy implications, said Diane Greene, Google's senior vice president of cloud. "What we're going to do is make it unambiguous," she said. Ads will continue to appear inside the free version of Gmail, as promoted messages. But instead of scanning a user's email, the ads will now be targeted with other personal information Google already pulls from sources such as search and YouTube.
China

Chinese Government Fabricates Social Media Posts for Strategic Distraction, not Engaged Argument (cnet.com) 69

Abstract of a study: The Chinese government has long been suspected of hiring as many as 2,000,000 people to surreptitiously insert huge numbers of pseudonymous and other deceptive writings into the stream of real social media posts, as if they were the genuine opinions of ordinary people. Many academics, and most journalists and activists, claim that these so-called "50c party" posts vociferously argue for the government's side in political and policy debates. As we show, this is also true of the vast majority of posts openly accused on social media of being 50c. Yet, almost no systematic empirical evidence exists for this claim, or, more importantly, for the Chinese regime's strategic objective in pursuing this activity. In the first large scale empirical analysis of this operation, we show how to identify the secretive authors of these posts, the posts written by them, and their content. We estimate that the government fabricates and posts about 448 million social media comments a year. In contrast to prior claims, we show that the Chinese regime's strategy is to avoid arguing with skeptics of the party and the government, and to not even discuss controversial issues. From a CNET article, titled, Chinese media told to 'shut down' talk that makes country look bad: Being an internet business in China appears to be getting tougher. Chinese broadcasters, including social media platform Weibo, streamer Acfun and media company Ifeng were told to shut down all audio and visual content that cast the country or its government in bad light, China's State Administration of Press, Publication, Radio, Film and Television posted on its website on Thursday, saying they violate local regulations. "[The service providers] broadcast large amounts of programmes that don't comply with national rules and propagate negative discussions about public affairs. [The agency] has notified all relevant authorities and ... will take measures to shut down these programmes and rectify the situation," reads the statement.
Businesses

Samsung Begins Production For Its First Internet of Things-optimised Exynos Processor (zdnet.com) 50

An anonymous reader shares a report: Samsung Electronics has launched the Exynos i T200, its first processor optimised for Internet of Things (IoT) devices, the company has announced. The South Korean tech giant said the chip has upped security and supports wireless connections, with hopes of giving it an advantage in the expanding IoT market. The Exynos i T200 applies Samsung's 28-nanometer High-K Metal Gate process and has multiple cores, with the Cortex-R4 doing the heavy lifting and an independently operating Cortex-M0+ allowing for multifunctionality. For example, if applied to a refrigerator, Cotext-R4 will run the OS and Cotex-M0+ will power LED displays on the doors.
Businesses

Trump Plans To Dismantle Obama-Era 'Startup Visa' (arstechnica.com) 316

An anonymous reader quotes a report from Ars Technica: A regulation from the Obama administration that would have allowed foreign-born entrepreneurs who raise investor cash to build their startups in the U.S. won't be allowed to go into effect. The Department of Homeland Security will file an official notice to delay the International Entrepreneur Rule for eight months. The intention is to eliminate the rule entirely, according to sources briefed on the matter who spoke to The Wall Street Journal. The decision isn't final, and a DHS spokesperson told the WSJ that the department "cannot speculate" on the outcome of the review. The International Entrepreneur Rule, signed by former President Obama days before he left office in January, doesn't offer a visa but rather a type of "parole" that would allow immigrants to stay in the U.S. temporarily as long as they meet certain requirements. In order to qualify, a foreign entrepreneur has to raise at least $250,000 from well-known U.S. investors. The rule grants a stay in the U.S. of 30 months, which can be extended for an additional 30 months. Founders can't apply for a green card during that time. DHS has estimated about 3,000 entrepreneurs would qualify under the rule.
Advertising

Home Improvement Chains Accused of False Advertising Over Lumber Dimensions (consumerist.com) 541

per unit analyzer writes: According to Consumerist, an attorney has filed a class-action lawsuit charging Home Depot (PDF) and Menards (PDF) with deceptive advertising practices by selling "lumber products that were falsely advertised and labeled as having product dimensions that were not the actual dimensions of the products sold." Now granted, this may be news to the novice DIYer, but overall most folks who are purchasing lumber at home improvement stores know that the so-called trade sizes don't match the actual dimensions of the lumber. Do retailers need to educate naive consumers about every aspect of the items they sell? (Especially industry quirks such as this...) Furthermore, as the article notes, it's hard to see how the plaintiffs have been damaged when these building materials are compatible with the construction of the purchaser's existing buildings. i.e., An "actual" 2x4 would not fit in a wall previously built with standard 2x4s -- selling the something as advertised would actually cause the purchaser more trouble in many cases.
Businesses

McDonald's Hits All-Time High As Wall Street Cheers Replacement of Cashiers With Kiosks (cnbc.com) 621

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) 86

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.
Google

Alphabet Says Uber Knew About Stolen Self-Driving Car Files (cnet.com) 25

In a Wednesday filing with a California court, Alphabet said a former self-driving executive Anthony Levandowski hatched a plan with Uber to steal more than 14,000 proprietary documents, including designs for the sensors that help the car see its surroundings. CNET reports: Alphabet says Uber's former CEO, Travis Kalanick, knew about the files but told Levandowski to destroy them. Uber has argued that it did not encourage or condone Levandowski taking any files from Waymo or bringing them to Uber, and has noted that his employment agreement affirmed he wouldn't do that. The litigation between Alphabet and Uber has been reported as a primary reason Kalanick was forced to resign as Uber's CEO Tuesday.

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