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Friday, December 30th, 2016
| Time | Event |
| 12:10a | Mining Companies Are Using Autonomous Trucks, Drills and Trains To Boost Efficiency, Reduce Employees schwit1 quotes a report from MIT Technology Review: Mining companies are rolling out autonomous trucks, drills, and trains, which will boost efficiency but also reduce the need for human employees. Rio Tinto uses driverless trucks provided by Japan's Komatsu. They find their way around using precision GPS and look out for obstacles using radar and laser sensors. The company's driverless trucks have proven to be roughly 15 percent cheaper to run than vehicles with humans behind the wheel -- a significant saving since haulage is by far a mine's largest operational cost. Trucks that drive themselves can spend more time working because software doesn't need to stop for shift changes or bathroom breaks. They are also more predictable in how they do things like pull up for loading. "All those places where you could lose a few seconds or minutes by not being consistent add up," says Rob Atkinson, who leads productivity efforts at Rio Tinto. They also improve safety. The driverless locomotives, due to be tested extensively next year and fully deployed by 2018, are expected to bring similar benefits. They also anticipate savings on train maintenance, because software can be more predictable and gentle than any human in how it uses brakes and other controls. Diggers and bulldozers could be next to be automated. 
Read more of this story at Slashdot.  |
| 1:30a | Toshiba Is 'Burning Cash At An Alarming Rate' bsharma quotes a report from Reuters: Faced with the prospect of a multibillion-dollar write-down that could wipe out its shareholders' equity, Japan's Toshiba is running out of fixes: It is burning cash, cannot issue shares, and has few easy assets left to sell. The Tokyo-based conglomerate, which is still recovering from a $1.3 billion accounting scandal in 2015, dismayed investors and lenders again this week by announcing that cost overruns at a U.S. nuclear business bought only last year meant it could now face a crippling charge against profit. Toshiba says it will be weeks before it can give a final number, but a write-down of the scale expected -- as much as 500 billion yen ($4.3 billion), according to one source close to Toshiba -- would leave the group scrambling to plug the financial hole and keep up hefty investments in the competitive memory chip industry, which generates the bulk of its operating profit. "Toshiba's immediate problem is that it is burning cash at an alarming rate, and this will be more than challenging," said Ken Courtis, chairman of Starfort Investment Holdings. "I see little option but to sell a slew of non-core assets."One source in the semiconductor industry said Toshiba could revive plans to list a slice of the memory chip business, which though highly profitable burns through cash for reinvestment. "Toshiba will probably need to sell 30-40 percent of the NAND business in an IPO to secure enough cash," the source said, adding China's aggressive drive into NAND flash memory chips could make the timing reasonable. The group has already said it could reconsider the "positioning" of its nuclear business, deemed core last year, and has signaled it could trim an 87 percent stake.
Read more of this story at Slashdot. |
| 7:20p | Foxconn Boosting Automated Production in China Foxconn Electronics is automating production at its factories in China in three phases, aiming to fully automate entire factories eventually, according to general manager Dai Jia-peng for Foxconn's Automation Technology Development Committee. From a report on DigiTimes: In the first phase, Foxconn aims to set up individual automated workstations for work that workers are unwilling to do or is dangerous, Dai said. Entire production lines will be automated to decrease the number of robots used during the second phase, Dai noted. In the third phase, entire factories will be automated with only a minimal number of workers assigned to production, logistics, testing and inspection processes, Dai indicated.
Read more of this story at Slashdot. |
| 8:40p | Sonos Alarms Are Waking Users a Day Early Waking up to your favorite music is always nice, but it becomes rather annoying when you can'' turn off said alarm. From a report on Engadget: That's exactly what Sonos users are experiencing and one editor on our staff dealt with the headache first hand. In fact, the alarms are also going off a day early, meaning Saturday wake-up calls were playing this morning. The company posted in its forums this morning that it's looking into the issue and recommends users delete all alarms from the Sonos app for right now. As our editor and many others have experienced, deleting the alarms is the only way to make them stop. We'll have to wait for official word on the cause, but alarms set for December 31st going off on December 30th could be a New Year's or Leap Year bug. Back in 2011, Apple had a problem with iPhone alarms not working correctly on January 1st.
Read more of this story at Slashdot. |
| 10:20p | Apple To Cut iPhone Production By 10%: Nikkei A new report from Nikkei Asian Review says that Apple will cut iPhone production by around 10% in the first quarter of 2017. From the report: This comes after the company slashed output in January-March 2016 due to accumulated inventory of the iPhone 6s line at the end of 2015. That experience led Apple to curb production of the iPhone 7, introduced in September, by around 20%. But the phones still have sold more sluggishly than expected. Information on production of the latest models and global sales suggests cuts in both the 7 and 7 Plus lines in the coming quarter. The larger iPhone 7 Plus, which features two cameras on its back face, remains popular. But a shortage of camera sensors has curbed Apple's ability to meet demand for the phones. U.S. research company IDC forecasts global smartphone shipments in 2016 on par with the 2015 level. Even Apple has had difficulty creating appealing new features, stifling demand from customers who otherwise would look to upgrade to the latest device.
Read more of this story at Slashdot. |
| 11:40p | Smart Electricity Meters Can Be Dangerously Insecure, Warns Expert An anonymous reader quotes a report from The Guardian: Smart electricity meters, of which there are more than 100 million installed around the world, are frequently "dangerously insecure," a security expert has said. The lack of security in the smart utilities raises the prospect of a single line of malicious code cutting power to a home or even causing a catastrophic overload leading to exploding meters or house fires, according to Netanel Rubin, co-founder of the security firm Vaultra. If a hacker took control of a smart meter they would be able to know "exactly when and how much electricity you're using," Rubin told the 33rd Chaos Communications Congress in Hamburg. An attacker could also see whether a home had any expensive electronics. "He can do billing fraud, setting your bill to whatever he likes [...] The scary thing is if you think about the power they have over your electricity. He will have power over all of your smart devices connected to the electricity. This will have more severe consequences: imagine you woke up to find you'd been robbed by a burglar who didn't have to break in. "But even if you don't have smart devices, you are still at risk. An attacker who controls the meter also controls the meter's software, allowing him to cause it to literally explode." The problems at the heart of the insecurity stem from outdated protocols, half-hearted implementations and weak design principles. To communicate with the utility company, most smart meters use GSM, the 2G mobile standard. That has a fairly well-known weakness whereby an attacker with a fake mobile tower can cause devices to "hand over" to the fake version from the real tower, simply by providing a strong signal. In GSM, devices have to authenticate with towers, but not the other way round, allowing the fake mast to send its own commands to the meter. Worse still, said Rubin, all the meters from one utility used the same hardcoded credentials. "If an attacker gains access to one meter, it gains access to them all. It is the one key to rule them all."
Read more of this story at Slashdot. |
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