Headlines 

US regulator scraps net neutrality rules that protect open internet

Decision, which critics warn will hand control of the web to big cable companies, a major victory for FCC chair and Trump appointee Ajit Pai The USs top media regulator voted to end rules protecting an open internet on Thursday, a move critics warn will hand control of the future of the web to cable and telecoms companies. At a packed meeting of the Federal Communications Commission (FCC) in Washington, the watchdogs commissioners voted three to two to dismantle the net neutrality rules that prevent internet service providers (ISPs) from…

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Bitcoin Is Now Bigger Than Buffett, Boeing and New Zealand

Bitcoin’s extraordinary price surge means its market capitalization now exceeds the annual output of whole economies, and the estimated worth of some of the world’s top billionaires. With the debate over its bubble status still raging, the flagship cryptocurrency continued its march higher on Monday, solidifying above $11,000 and bringing its climb this year to more than 1,000 percent. With market tracker avocados. Here are five things that have been eclipsed by bitcoin in terms of market capitalization: New Zealand’s GDP The South Pacific nation’s farm-and-tourism-led economy is valued at $185…

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Headlines 

Elon Musk Isnt Joking About Sending a Tesla to Mars

Elon Musk fully intends to put a red sports car made by a company that he runs into an enormous rocket ship made by another company that he runs and fire both into Mars orbit. The car, as it hurtles into space, will be playing a song by David Bowie on repeat. It goes without saying that the song will be “cryptic message on Twitter over the weekend. A person familiar with the launch plan at SpaceX Inc. confirmed that it is real. Payload will be my midnight cherry Tesla Roadster playing Space Oddity. Destination is Mars…

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Apple, Google CEOs Bring Star Power as China Promotes Censorship

Apple Inc.’s Tim Cook and Google’s Sundar Pichai made their first appearances at China’s World Internet Conference, bringing star power to a gathering the Chinese government uses to promote strict online censorship. Apple’s chief executive officer gave a surprise keynote at the opening ceremony on Sunday, calling for future internet and AI technologies to be infused with privacy, security and humanity. The same day, Politburo member Wang Huning called for more aggressive government involvement online to combat terrorism and criminals online, even calling for a global response team to go…

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Headlines 

Bitcoins Wild Ride: A Rally, a Rout and Outages on the Exchanges

Bitcoin plunged as much as 20 percent hours after a rally past $11,000 generated a surge in traffic at online exchanges that led to intermittent outages. The plunge capped a wild day for the largest cryptocurrency that included a breakneck advance to a high of $11,434 before the reversal took it as low as $9,009. As of 3:36 p.m. in New York, it traded at $9,911.10, virtually unchanged from where it began the session. The heaviest selling came amid earlier led to selloffs in cryptocurrencies. Coinbase, one of the biggest…

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Odds and Ends 

Researchers discover aluminum foil actually does improve your wireless speed

Researchers at Dartmouth University have found that a 3D printed shape covered in aluminum foil can improve wireless range and increase Wi-Fi security. The project, which appeared on Eurekalert, involves placing a reflector on and around a Wi-Fi router’s antennae to shape the beam, increasing range and preventing it from passing through to unwanted spaces. “With a simple investment of about $35 and specifying coverage requirements, a wireless reflector can be custom-built to outperform antennae that cost thousands of dollars,” said Xia Zhou, a Dartmouth assistant professor. In their paper,…

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Headlines 

Heres What the World’s Central Banks Really Think About Bitcoin

Eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies. The guardians of the global economy have two sets of issues to address. First is what to do, if anything, about emergence and growth of the private cryptocurrencies that are grabbing more and more attention — with bitcoin now surging toward $10,000. The second question is whether to issue official versions. Following is an overview of how the world’s largest central banks (and some smaller ones) are approaching…

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Headlines 

Teslas Newest Promises Break the Laws of Batteries

Elon Musk knows how to make promises. Even by his own standards, the promises made last week while introducing two new Tesla vehicles—the heavy-duty Semi Truck and the speedy Roadster—are monuments of envelope pushing. To deliver, according to close observers of battery technology, Tesla would have to far exceed what is currently thought possible. Take the Tesla Semi: Musk vowed it would haul an unprecedented 80,000 pounds for 500 miles on a single charge, then recharge 400 miles of range in 30 minutes. That would require, based on Bloomberg estimates, a charging system that's 10 times more…

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Headlines 

Facebook to Show Users Which Russian Propaganda They Followed

request from Congress to address manipulation and meddling during the 2016 presidential election. The tool will appear by the end of the year in Facebook’s online support center, the company said in a blog post Wednesday. It will answer the user question, “How can I see if I’ve liked or followed a Facebook page or Instagram account created by the Internet Research Agency?” That’s the Russian firm that created thousands of incendiary posts from fake accounts posing as U.S. citizens. People will see a list of the accounts they followed,…

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Headlines 

New Uber CEO Keeps Finding Horrors at Every Turn

The appointment of Dara Khosrowshahi as head of cyberattack Uber had been concealing since last year that exposed personal data on 57 million customers and drivers globally. The company, which said it had paid hackers $100,000 to delete the data and keep quiet, disclosed the incident in a statement to Bloomberg on Tuesday, following an investigation commissioned by the board. The chief security officer and one of his deputies were ousted for their actions following the hack. Khosrowshahi’s role so far looks less like a turnaround artist and more like…

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Monetising millennials: what the corporate world thinks it knows about young people

At Sydneys Millennial 20/20 conference the wifi password is SmashedAvo and the attitude is predatory infantilisation Before the opening keynote of the Millennial 20/20 Sydney conference, a man strides up, folds me into a boardroom-firm handshake and gazes deeply into my eyes. His impeccably tailored business shirt, open to the third button, and swept-back blond hair make him look like a more handsome version of the Trump sons, maybe a second cousin. But our meeting is an error; I inadvertently sat in one of the conferences many designated networking spaces,…

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Headlines 

Twitter Cracks Down on Verified Accounts With New Policy

tweet, “this perception became worse when we opened up verification for public submissions and verified people who we in no way endorse.” Earlier this month, the social network stopped the system of authenticating a user’s identity with a blue check mark after drawing intense tweeted a screen shot of a note he received from Twitter, saying that his verified badge will be permanently removed “after determining that your account does not comply with Twitter’s guidelines.” The company has also removed the blue check mark from conservative commentator

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Headlines 

Alibaba Singles’ Day Posts Record 168 Billion Yuan in Sales

Jack Ma is using it as a testing ground for his plans to revamp China’s $4 trillion traditional retail sector with technology, an experiment that could help the behemoth gain an edge in China’s saturated market. “The work that’s been done in the integration of offline and online, not just in terms of the technology integration, but the data and efficiencies for brands and the consumer through personalization has been enormous,” Alibaba President Mike Evans said in an interview on Bloomberg TV. “We see the impact of it in our…

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Headlines 

Alibaba Singles’ Day Sales Hit $8.6 Billion in First Hour

Jack Ma is using this year’s event as a testing ground for his plans to revamp China’s $4 trillion traditional retail sector with technology, an experiment that could help the behemoth gain an edge in China’s saturated retail market. “The work that’s been done in the integration of offline and online, not just in terms of the technology integration, but the data and efficiencies for brands and the consumer through personalization has been enormous,” Alibaba President Mike Evans said in an interview on Bloomberg TV. “We see the impact of…

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Headlines 

Apple Is Ramping Up Work on AR Headset to Succeed iPhone

With the headset at least two years away, Apple wants to make it easier for developers to bring new AR features to the iPhone. To that end, the company plans to release a new version of ARKit software tools as soon as 2018. They could help developers create software that remembers accurately where a digital object was placed in a virtual space, using a technology called persistent tracking; you look away, and the object is still there. The tools will also make it easier to create AR games for multiple…

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