Theranos settles “series of lies” lawsuits from investor that chipped in $96M

The terms of the deal are confidential, but the investors wanted their money back.

Theranos CEO and founder Elizabeth Holmes. (credit: NBC Today)

On Monday, Theranos announced the settlement of two lawsuits that were in response to an alleged “series of lies.” Both suits had been brought by Partner Fund Management LP, a hedge fund that invested $96.1 million in the blood-testing company.

In the suits, both filed in the Delaware Court of Chancery, PFM claimed that Theranos mislead investors about the abilities of its blood-testing technology, the Wall Street Journal reports. One suit sought to recoup PFM’s entire investment, plus damages. The other sought to prevent Theranos from making deals with late-stage investors. Those deals, which can now proceed, will provide additional stock to investors who agree not to sue Theranos.

For its cases, PFM collected depositions from Theranos employees and board members, which were unsealed and reported by the Wall Street Journal last month. The depositions revealed allegations that Theranos used a shell company to buy commercially available blood-testing equipment to run tests instead of relying on its own equipment. The depositions also included allegations that Theranos faked blood-test demonstrations to win over potential investors.

Read 6 remaining paragraphs | Comments

Intel patches remote code-execution bug that lurked in CPUs for 10 years

Flaw in remote management feature gives attackers a way to breach networks.

Enlarge (credit: Intel)

Remote management features that have shipped with Intel processors for almost a decade contain a critical flaw that gives attackers full control over the computers that run on vulnerable networks. That's according to an an advisory published Monday afternoon by Intel.

Intel has released a patch for the vulnerability, which resides in the chipmaker's Active Management Technology, Intel Small Business Technology, and Intel Standard Manageability. Business customers who buy computers running vPro processors use those services to remotely administer large fleets of computers. The bug doesn't affect chips running on consumer PCs. The chipmaker has rated the vulnerability critical and is recommending vulnerable customers install a firmware patch.

In the company's Monday post, Intel officials wrote:

Read 6 remaining paragraphs | Comments

Carbon intensity is falling in industrial, electric power sectors

Numbers from the EIA show progress in some areas of the economy, not much in others.

(credit: EIA)

Over the last seven years, the electrical power sector has gone from being one of the most carbon-emitting sectors of the American economy per unit of fuel consumed to one of the least carbon-emitting sectors. That’s according to new data from the US Energy Information Administration (EIA). Despite the good news, the EIA’s numbers show that, since 1975, the carbon emissions of the US transportation sector per unit of fuel used has hardly changed at all.

The EIA measured relative emissions across the US economy as "carbon intensity"—an average of the amount of carbon any sector gives off as it consumes different kinds of fuel. The measurements were applied to five sectors of the US economy: transportation, commercial, residential, electric, and industrial.

The industrial sector is currently the least carbon intensive in its operations, and it gives off just 44 kilograms of CO2 per million BTUs used. The EIA said part of this was due to the fact that several portions of the industrial sector run on biomass fuel. Although burning biomass releases carbon into the atmosphere, the EIA doesn’t count those emissions as energy-related CO2 emissions because most kinds of biofuel absorb CO2 from the atmosphere as growing plants. “The same consideration applies to the use of biogenic fuels in other sectors, such as wood heating in the residential sector and ethanol consumption in the transportation sector,” the EIA writes.

Read 4 remaining paragraphs | Comments

Two new Amazon tablets may have hit the FCC

Two new Amazon tablets may have hit the FCC

It’s been a little while since Amazon launched a new tablet, but it looks like there may be at least two new models on the way. Two new tablets showed up at the FCC website today, and while neither of them has the name “Amazon” on them, both match a pattern that Amazon has used […]

Two new Amazon tablets may have hit the FCC is a post from: Liliputing

Two new Amazon tablets may have hit the FCC

It’s been a little while since Amazon launched a new tablet, but it looks like there may be at least two new models on the way. Two new tablets showed up at the FCC website today, and while neither of them has the name “Amazon” on them, both match a pattern that Amazon has used […]

Two new Amazon tablets may have hit the FCC is a post from: Liliputing

Canada and Switzerland Remain on US ‘Pirate Watchlist’ Under President Trump

The Office of the United States Trade Representative has published its yearly Special 301 Report, highlighting countries that fail to live up to U.S copyright protection standards. Effective enforcement of IP rights is a core issue for the Trump administration, which keeps Canada and Switzerland among the two dozen countries that are on the ‘Watch List.’

Source: TF, for the latest info on copyright, file-sharing, torrent sites and ANONYMOUS VPN services.

ustrEvery year the Office of the United States Trade Representative (USTR) publishes its Special 301 Report highlighting countries that aren’t doing enough to protect U.S. intellectual property rights.

The format remains the same as in previous years and lists roughly two dozen countries that, for different reasons, threaten the intellectual property rights of US companies.

The latest report, which just came out, is the first under the administration of President Trump and continues where Obama left off. China, Russia, Ukraine, and India are listed among the priority threats, and Canada and Switzerland remain on the general Watch List.

“One of the top trade priorities for the Trump Administration is to use all possible sources of leverage to encourage other countries to open their markets to U.S. exports of goods and services, and provide adequate and effective protection and enforcement of U.S. intellectual property (IP) rights,” the USTR writes.

One of the main problems the US has with Canada is that it doesn’t allow border protection officials to seize or destroy pirated and counterfeit goods that are passing through.

In addition, the US is fiercely against Canada’s fair dealing rules, which adds educational use to the list of copyright infringement exceptions. According to the US, the language used in the law is too broad, damaging the rights of educational publishers.

“The United States also remains deeply troubled by the broad interpretation of an ambiguous education-related exception to copyright that has significantly damaged the market for educational publishers and authors.”

In the past, Canada has also been called out for offering a safe haven to pirate sites, but there is no mention of this in the 2017 report (pdf).

That said, pirate site hosting remains a problem in many other countries including Switzerland, with the USTR noting that the country has become an “increasingly popular host country for websites offering infringing content” since 2010.

While the Swiss Government is taking steps to address these concerns, another enforcement problem also requires attention. One of the key issues the United States has with Switzerland originates from the so-called ‘Logistep Decision.‘

In 2010 the Swiss Federal Supreme Court barred anti-piracy outfit Logistep from harvesting the IP addresses of file-sharers. The Court ruled that IP addresses amount to private data, and outlawed the tracking of file-sharers in Switzerland.

According to the US, this ruling prevents copyright holders from enforcing their rights, and they call on the Swiss Government to address this concern.

“Switzerland remains on the Watch List this year due to U.S. concerns regarding specific difficulties in Switzerland’s system of online copyright protection and enforcement,” the USTR writes.

“Seven years have elapsed since the issuance of a decision by the Swiss Federal Supreme Court, which has been implemented to essentially deprive copyright holders in Switzerland of the means to enforce their rights against online infringers. Enforcement is a critical element of providing meaningful IP protection.”

The above points are merely a selection of the many complaints the United States has about a variety of countries. As is often the case, the allegations are in large part based on reports from copyright-heavy industries, in some cases demanding measures that are not even in effect in the US itself.

By calling out foreign governments, the USTR hopes to elicit change. However, not all countries are receptive to this kind of diplomatic pressure. Canada, for one, said it does’t recognize the Special 301 Report and plans to follow its own path.

“Canada does not recognize the validity of the Special 301 and considers the process and the Report to be flawed,” the Government wrote in a previous memo regarding last year’s report.

“The Report fails to employ a clear methodology and the findings tend to rely on industry allegations rather than empirical evidence and objective analysis,” it added.

Source: TF, for the latest info on copyright, file-sharing, torrent sites and ANONYMOUS VPN services.

Quartalszahlen: AMD steigert Umsatz dank Polaris und Ryzen

Ein um 18 Prozent höherer Umsatz und weniger Verlust: Vor allem aufgrund der Grafikkarten- sowie Prozessor-Sparte überzeugen AMDs Zahlen des ersten Quartals 2017. Das schlägt sich in mehr R&D-Ausgaben für künftige Produkte nieder. (AMD, Prozessor)

Ein um 18 Prozent höherer Umsatz und weniger Verlust: Vor allem aufgrund der Grafikkarten- sowie Prozessor-Sparte überzeugen AMDs Zahlen des ersten Quartals 2017. Das schlägt sich in mehr R&D-Ausgaben für künftige Produkte nieder. (AMD, Prozessor)

ZX Spectrum Next makes a classic PC modern (crowdfunding)

ZX Spectrum Next makes a classic PC modern (crowdfunding)

The ZX Spectrum personal computer was released in the UK in 1982, at a time when the Commodore 64 was taking off in the US, and the Apple II was starting to show its age. Decades later, hardware and software hackers have kept the ZX Spectrum platform alive with new features… and now a team […]

ZX Spectrum Next makes a classic PC modern (crowdfunding) is a post from: Liliputing

ZX Spectrum Next makes a classic PC modern (crowdfunding)

The ZX Spectrum personal computer was released in the UK in 1982, at a time when the Commodore 64 was taking off in the US, and the Apple II was starting to show its age. Decades later, hardware and software hackers have kept the ZX Spectrum platform alive with new features… and now a team […]

ZX Spectrum Next makes a classic PC modern (crowdfunding) is a post from: Liliputing

Kiosk delivers pirated movies to USB sticks in the middle of a mall

“Maintenance” man torrents all day, then sells movies for 13 cents a pop in Ethiopia.

Enlarge (credit: TorrentFreak)

At this point, the most common ways to get illegal digital content are no secret. There's peer-to-peer downloading, "cyberlocker"-type sites, and unauthorized streaming sites that demand to put sketchy software on your computer.

But what if you could download Hollywood flicks to a USB drive at a convenient kiosk for just a few cents each? And do so while shopping at your local mall? This sounds like a dream of convenient and cheap entertainment, but it's just one more piracy nightmare for the entertainment industry.

Read 7 remaining paragraphs | Comments

Rockbox custom firmware for MP3 players gets first major update in 4 years

Rockbox custom firmware for MP3 players gets first major update in 4 years

When you buy a Windows computer there’s a good chance that if you’d prefer to run a different operating system you can install a GNU/Linux distribution. Likewise you can replace the operating system on many Android phones with a custom ROM. There’s even custom firmware for some routers… and for some MP3 players (or digital […]

Rockbox custom firmware for MP3 players gets first major update in 4 years is a post from: Liliputing

Rockbox custom firmware for MP3 players gets first major update in 4 years

When you buy a Windows computer there’s a good chance that if you’d prefer to run a different operating system you can install a GNU/Linux distribution. Likewise you can replace the operating system on many Android phones with a custom ROM. There’s even custom firmware for some routers… and for some MP3 players (or digital […]

Rockbox custom firmware for MP3 players gets first major update in 4 years is a post from: Liliputing

Too little, too late? FCC wins net neutrality court case

Wheeler’s court win over ISPs reaffirmed, but Pai plans to overturn the rules.

(credit: Flickr user: Steve Rhodes)

If the Federal Communications Commission still intended to enforce net neutrality rules, a court decision issued today would have qualified as great news at the commission.

The US Court of Appeals for the District of Columbia Circuit denied the broadband industry's petition for a rehearing of a case that upheld net neutrality rules last year. A three-judge panel ruled 2-1 in favor of the FCC in June 2016, but ISPs wanted an en banc review in front of all of the court's judges. The request for an en banc review was denied in the order issued today.

ISPs could still appeal to the Supreme Court, but the net neutrality rules are likely to be eliminated by the FCC's current leadership. FCC Chairman Ajit Pai, a Republican, opposed the rules when they were implemented by his predecessor, Democrat Tom Wheeler.

Read 8 remaining paragraphs | Comments