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Tuesday, April 26th, 2016
| Time | Event |
| 12:51a | Symantec: Cruz and Kasich Campaign Apps May Expose Sensitive Data An anonymous reader writes: Apps released by the campaigns of Republican presidential contenders Ted Cruz and John Kasich have the potential for hackers to access users' personal information. According to an independent analysis by Symantec, the "Cruz Crew" app could allow third parties to capture a phone's unique identifying number and other personal information while the Kasich 2016 app could expose users' location data and information about other apps installed on the phones. First it was Veracode that reported potential vulnerabilities with the apps, now it's Symantec. Apparently the Cruz campaign updated its app to resolve the issues after the Veracode report was released. Kasich spokesman Rob Nichols said the security experts didn't know what they were talking about. Both campaigns have yet to respond to the latest Symantec analysis. Neither security firm found any issues in the app released by the campaign of Democrat Bernie Sanders. Republican Donald Trump and Democrat Hillary Clinton do not have campaign apps. 
Read more of this story at Slashdot.  |
| 1:34a | Valve Inks Deal With Lionsgate Adding Over 100 Movie Titles To Steam Platform MojoKid quotes a report from HotHardware: Valve took a major step in growing its Steam digital distribution platform today by adding movie rentals to the mix. The addition of movies to Steam's catalog is a first, and it was made possible through a deal with Lionsgate Entertainment that immediately fleshes out the service with more than 100 flicks. Steam is currently the biggest digital distribution platform for games, and while it has a long way to go before it can claim the same for movies, there's little doubt Valve wants to take it there. In a press release announcing the deal, Valve said Lionsgate was "one of the first major studios to license films" for streaming on Steam, which hints that it's attempting to lure other studios as well. You can view the entire catalog here.
Read more of this story at Slashdot. |
| 3:02a | Goldman Sachs Launches GS Bank, An Internet Bank With A $1 Minimum Deposit An anonymous reader recaps a report from TechCrunch: Traditionally, Goldman Sachs has functioned like a run-of-the-mill investment bank with minimums to open an account in the range of $10 million, and returns not guaranteed. Goldman is opening its doors to the masses today with the launch of GS Bank, an FDIC-insured, internet-based savings bank. Anyone with an internet connection and a dollar can join, as that is what each account's minimum balance must be. GS Bank's interest rates give customers an annual yield of 1.05 percent, a rate that trumps the average U.S. saving's bank yield of .06 percent APY. GS Bank was a result of Goldman's acquisition of GE Capital Bank, the online retail bank previously run by General Electric's capital arm. The move is to diversify revenue streams and strengthen liquidity. GS Bank currently has total deposits of around $114 billion. In other news from the multinational banking firm, Goldman Sachs believes virtual-reality and augmented-reality "will be the next generation computing platform" worth $80 billion by 2025.
Read more of this story at Slashdot. |
| 10:02a | Tesla Will Install More Energy Storage With SolarCity In 2016 Than The US Installed In 2015 An anonymous reader writes: Tesla is scheduled to install more energy storage capacity in 2016 with SolarCity alone than all of the US installed in 2015. It was revealed in a recent filing with the U.S. Securities and Exchange Commission (SEC) that Tesla foresees an almost 10x increase in sales to SolarCity for behind the meter storage. [From the SEC filing: "We recognized approximately $4.9 million in revenue from SolarCity during fiscal year 2015 for sales of energy storage governed by this master supply agreement, and anticipate recognizing approximately $44.0 million in such revenues during fiscal year 2016."] This revenue projection means Tesla expects to install approximately 116 MWh of behind the meter storage. The U.S. for example installed about 76 MWh of behind the meter storage. SolarCity and Tesla Energy doubled their battery installation volume last year. What's particularly noteworthy is that the 116 MWh expectation does not include SolarCity's biggest project -- Kauai Island's coming 52 MWh system. Hawaii is aiming for 100% renewable energy by 2045 and has contracted with SolarCity to balance the two 12MW Solar Power plants with the Kauai Island Utility Cooperative (KIUC). By 2020, there will be 70 GWh of Tesla battery storage on the road, and Straubel expects there to be 10 GWh of controllable load in those cars.
Read more of this story at Slashdot. |
| 1:03p | City Installs Traffic Lights In Sidewalks For Smartphone Users tlhIngan writes: It's finally happened -- the smartphone zombies are here. The German city of Augsburg installed traffic lights in the sidewalks so smartphone users don't have to look up. Apparently people are so addicted to their smartphones they can't be bothered to look up at traffic signals, so embedding them in the ground they don't have to. According to the Washington Post report, the city spokeswoman Stephanie Lermen thinks the money used to install the lights is well spent. A recent survey conducted in several European cities including Berlin, found that almost 20 percent of pedestrians were distracted by their smartphones. Of course, younger people are at higher risk as they're willing to risk their safety to look at their Facebook profiles or WhatsApp messages, the survey found. The problem may be even worse in the U.S: A survey by the University of Washington found that 1 in 3 Americans is busy texting or working on a smartphone at dangerous road crossings. City officials say installing the traffic lights is justified: The idea is to install such traffic lights came after a 15-year-old girl was killed by a tram. According to police reports, she was distracted by her smartphone as she crossed the tracks.
Read more of this story at Slashdot. |
| 9:57p | Apple Has First Earnings Decline In More Than A Decade An anonymous reader writes: Apple has announced its first-ever decline in revenue in the past 13 years as its iPhone sales have slowed down. Apple posted quarterly revenue of $50.6 billion and quarterly net income of $10.5 billion. Last year, the company posted revenue of $58 billion and net income of $13.6 billion. The reason Apple has been so successful is because of the iPhone, which was first released in 2007. What goes up must come down -- and we're starting to see that now. The success of the iPhone is starting plateau and ultimately decrease now that consumers are finding less of a reason to upgrade to the latest and greatest smartphone. Apple CEO Tim Cook pointed to weakening currencies worldwide as one of the obstacles the company would face as iPhone sales were up less than 1 percent year-over-year last quarter. Gene Munster, managing director and senior research analyst at Piper Jaffray, told ABC News, "This has been anticipated for three months now. The reason is nothing [that] is wrong with the iPhone." Munster said this is not worrisome to Apple and that iPhone sales will likely increase by the end of the year when the next iPhone(s) is released.
Read more of this story at Slashdot. |
| 10:41p | FBI Director Suggests iPhone Hacking Method May Remain Secret An anonymous reader quotes a report from Reuters: FBI Director James Comey said on Tuesday that his agency was still assessing whether a vulnerability used to unlock an iPhone linked to one of the San Bernardino killers would go through a government review to determine if it should be disclosed to Apple or the public. "We are in the midst of trying to sort that out," Comey said. "The threshold (for disclosure) is, are we aware of the vulnerability, or did we just buy a tool and don't have sufficient knowledge of the vulnerability to implicate the process?" The White House has a procedure for reviewing technology security flaws and deciding which ones should be made public. Although officials say the process leans toward disclosure, it is not set up to handle or reveal flaws that are discovered and owned by private companies, sources have told Reuters, raising questions about the effectiveness of the so-called Vulnerabilities Equities Process.
Read more of this story at Slashdot. |
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