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China To Close Loophole Used by Tech Firms for Foreign IPOs
China is planning to ban companies from going public on foreign stock markets through variable interest entities – Bloomberg reported Wednesday, citing people familiar with the matter – closing a loophole long used by the country’s technology industry to raise capital from overseas investors. From the report: The ban, intended in part to address concer … ⌘ Read more


Thousands of AT&T Customers in the US Infected by New Data-stealing Malware
Thousands of networking devices belonging to AT&T Internet subscribers in the US have been infected with newly discovered malware that allows the devices to be used in denial-of-service attacks and attacks on internal networks, researchers said on Tuesday. From a report: The device model under attack is the EdgeMarc Enter … ⌘ Read more


Wanted: A Town Willing to Host a Dump for U.S. Nuclear Waste
The Biden administration is looking for communities willing to serve as temporary homes for tens of thousands of metric tons of nuclear waste currently stranded at power plants around the country. Bloomberg reports: The Energy Department filed (PDF) a public notice Tuesday that it is restarting the process for finding a voluntary host for spent nuclear fu … ⌘ Read more


Princeton Team Disables Long-Targeted Gene Behind Spread of Major Cancers
An anonymous reader writes: The mysterious ways cancer spreads through the body, a process known as metastasis, is what can make it such a difficult enemy to keep at bay. Researchers at Princeton University working in this area have been tugging at a particular thread for more than 15 years, focusing on a single gene centra … ⌘ Read more


Over 300,000 Android Users Have Downloaded These Banking Trojan Malware Apps, Say Security Researchers
Over 300,000 Android smartphone users have downloaded what turned out to be banking trojans after falling victim to malware that has bypassed detection by the Google Play app store. ZDNet reports: Detailed by cybersecurity researchers at ThreatFabric, the four different form … ⌘ Read more


Browser Extension Shows How Many Brands On Amazon Are Actually Just Amazon
A new browser extension promises to show you which products in your Amazon search results are sold by brands that are either owned by or are exclusive to Amazon, giving you a better idea of who’s selling what you’re buying. The Verge reports: It’s called Amazon Brand Detector, and it uses a list of Amazon brands created by T … ⌘ Read more


‘Massive’ Startup Wants To Rent Your Spare Compute Power To Pay For Apps
What if users could pay for apps or services not with money or attention, but with their spare compute power? A startup called “Massive” is working to take this concept “into the modern world as an alternative to charging users or pounding them with advertisements to generate revenue,” writes TechCrunch’s Alex Wilhelm. From th … ⌘ Read more


The Virtual Phone Farms Scammers Use To Set Up Fake Accounts
An anonymous reader quotes a report from Motherboard: When a scammer wants to set up an account on Amazon, Discord, or a spread of other online services, sometimes a thing that stands in their way is SMS verification. The site will require them to enter a phone number to receive a text message which they’ll then need to input back into the site. Sites of … ⌘ Read more


Microsoft Adds Buy Now, Pay Later Financing Option To Edge – And Everyone Hates It
Microsoft has decided to add “Buy Now, Pay Later” financing options to its Edge browser in the U.S. – and the overwhelming response has been negative. The Register reports: The Buy Now Pay Later (BNPL) option pops up at the browser level (rather than on checkout at an ecommerce site) and permits users to sp … ⌘ Read more


Cyber Monday Online Sales Fall For the First Time Ever
Consumers logged online Monday and spent $10.7 billion, marking a 1.4% decrease from year-ago levels, according to data released Tuesday by Adobe Analytics. This year’s tally marks the first time that Adobe has tracked a slowdown in spending on major shopping days. CNBC reports: Despite the slowdown, Adobe expects the entire holiday season will see record-breaking … ⌘ Read more


FBI Document Shows What Data Can Be Obtained From Encrypted Messaging Apps
An anonymous reader quotes a report from the Record: A recently discovered FBI training document shows that US law enforcement can gain limited access to the content of encrypted messages from secure messaging services like iMessage, Line, and WhatsApp, but not to messages sent via Signal, Telegram, Threema, Viber, WeChat, or … ⌘ Read more


SpaceX’s Starlink Is Testing Internet Service for Aircraft
SpaceX’s Starlink unit is testing its space-based internet service with several aircraft and wants to offer in-flight connection to airlines “as soon as possible,” a company vice president said. From a report: Starlink is in talks with several airlines about offering in-flight broadband connections, Jonathan Hofeller, vice president of commercial sales, sai … ⌘ Read more


NASA Postpones Spacewalk Citing ‘Debris Notification’ for ISS
Nasa has postponed a planned spacewalk outside the International Space Station due to flying “debris,” two weeks after Russia blew up one of its own satellites in a missile test that created clouds of zooming shrapnel in orbit. From a report: Washington’s space agency did not mention the Russian test in its announcement, but a Nasa official had warn … ⌘ Read more


Biden Administration Makes First Move on Data Privacy
The Biden administration is launching its first big effort on privacy policy by looking at how data privacy issues affect civil rights. From a report: The National Telecommunication and Information Administration (NTIA), the telecom unit of the Commerce Department, plans to hold “listening sessions” and seek comment on the intersection of privacy, equity and civil r … ⌘ Read more


Barbados, Formally Casting Off the Queen, Becomes a Republic
In the early hours of Tuesday, at a ceremony attended by hundreds of masked officials, a prince and at least one pop star, the Caribbean island of Barbados became a republic, cutting ties with Queen Elizabeth II and casting off the last major vestige of its colonial past. The New York Times: The nation swore in its first president, Sandra Mason, a former … ⌘ Read more


Amazon Launches Preview of New ‘AWS Private 5G’ Managed Service
At Amazon’s AWS re:Invent conference this morning, the company announced the preview of “AWS Private 5G,” which is a new service that aims to make it easy to deploy and manage your own private global network. From a report: The launch is meant to address the challenges companies are facing with leveraging 5G. AWS CEO Adam Selipsky said that with AWS Pri … ⌘ Read more


Facebook’s David Marcus, Creator of Embattled Diem Project, To Leave Company
David Marcus, one of the top executives at Meta Platforms and the co-creator of the yet-to-be-launched Diem digital currency, is leaving the company after seven years to pursue other projects. From a report: Marcus, who joined the Facebook parent company in 2014 from PayPal Holdings, ran the Messenger service for years befo … ⌘ Read more


Twitter Expands Safety Policy, Bans Posting Images of People Without Their Consent
Twitter updated its private information safety policy this morning to ban sharing images or videos of private individuals without their consent. From a report: The platform already banned users from sharing others’ personal information without permission, like their address or location, identity documents, non … ⌘ Read more


Moderna CEO Says Vaccines Likely Less Effective Against Omicron
The head of drugmaker Moderna said COVID-19 vaccines are unlikely to be as effective against the Omicron variant of the coronavirus as they have been previously, sparking fresh worry in financial markets about the trajectory of the pandemic. From a report: “There is no world, I think, where (the effectiveness) is the same level… we had with … ⌘ Read more


Razer’s Qualcomm-powered Handheld Console Leaks
Qualcomm appears to be collaborating with Razer on a new gaming handheld developer kit built around its upcoming Snapdragon G3X processor. From a report: Leaked slides published by VideoCardz call the device a “Snapdragon G3X Handheld Developer Kit,” suggesting it will primarily be aimed at software developers and manufacturers to help them build their own software and hardware … ⌘ Read more


UK Regulators Order Facebook-owner Meta To Sell Giphy
Regulators in the U.K. on Tuesday said they have directed Facebook parent company Meta to sell Giphy after finding “the takeover could reduce competition between social media platforms and increase Facebook’s already significant market power.” From a report: Facebook agreed to buy Giphy in May of last year for an estimated price of $400 million. The deal almost imme … ⌘ Read more


Finnish Researchers Say Their First Quantum Computer Is Up and Running
Finland’s first quantum computer was commissioned at a research center near the capital Helsinki, where scientists will use it to study next-generation computing power. From a report: The 5 quantum-bit computer was developed “to learn how to build a quantum computer, how to program one and how to operate one in the future,” Pekka Pu … ⌘ Read more


Finland Battles ‘Exceptional’ Malware Attack Spread by Phones
Finland is working to stop a flood of text messages of an unknown origin that are spreading malware. From a report: The messages with malicious links to malware called FluBot number in the millions, according to Aino-Maria Vayrynen, information security specialist at the National Cyber Security Centre. Telia Co AB, the country’s second-biggest telecommu … ⌘ Read more


Israel Authorizes Use of Phone Tracking Tech To Contain Spread of Omicron Covid Variant
An anonymous reader quotes a report from Reuters: Rights groups petitioned Israel’s top court on Monday to repeal new COVID-19 measures that authorize the country’s domestic intelligence service to use counter-terrorism phone tracking technology to contain the spread of the Omicron virus variant. … ⌘ Read more


‘Cyber Grinches’ Snatching Toys Should Be Stopped, Lawmakers Say
Lawmakers including Senators Richard Blumenthal and Chuck Schumer introduced a bill to crack down on “cyber Grinches” using bots to quickly snap up entire inventories of popular holiday toys and resell them at higher prices. Bloomberg reports: “This bill seeks to stop Cyber Grinch greed from ruining kids’ holidays,” Blumenthal says in a statement. … ⌘ Read more