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Patents

Yahoo Preps Auction For 3,000 Patents Worth $1 Billion (arstechnica.com) 66

An anonymous reader quotes a report from Ars Technica: The Wall Street Journal reports that bids are being accepted for nearly 3,000 Yahoo patents and pending applications. In April, Yahoo moved 2,659 patents into a patent-holding company called Excalibur IP LLC, which was seen as a first step toward a patent sale. "This represents a unique opportunity for companies operating in the Internet industry to acquire some of the most pioneering and foundational patents related to Web search and advertising," Yahoo said in a statement. Those invited to join the auction include "strategic buyers, private-equity firms, and investment firms focused on intellectual property," according to the Journal. Preliminary bids are due by the middle of this month, and the patents are expected to fetch more than $1 billion, according to "people familiar with the matter" who spoke to the Journal. Bloomberg, which also reported on the patent sale, said there was no official reserve price or bidding guidelines. Yesterday, Verizon submitted a $3 billion bid for Yahoo's core internet business. The sale will include 500 U.S. patents and more than 600 pending applications, but will not include the larger collection of patents going in the patent sale.
Republicans

Ted Cruz Proposes Bill To Keep US From Giving Up Internet Governance Role (washingtontimes.com) 280

An anonymous reader quotes a report from Washington Times: Internet legislation proposed Wednesday in the Senate would prohibit the U.S. government from relinquishing its role with respect to overseeing the web's domain name system, or DNS, unless explicitly authorized by Congress. The National Telecommunications and Information Administration (NTIA), a division of the Commerce Department, currently oversees control of the DNS, a virtual phonebook of sorts that allows internet users to easily browse the web by allocating domain names to websites the world over. The NITA has long been expected to give up its oversight role to a global multi-stakeholder community, however, prompting lawmakers to unleashed a proposal this week that would assure the U.S. government maintains control unless Congress votes otherwise. The bill, the Protecting Internet Freedom Act, "would prevent the Obama administration from giving the Internet away to a global organization that will allow over 160 foreign governments to have increased influence over the management and operation of the Internet," according to a statement issued Wednesday by the office of the bill's co-sponsor, Sen. Ted Cruz. Specifically, the bill aims to ensure that the NTIA's relationship with the DNS doesn't terminate, lapse, expire or otherwise end up cancelled unless authorized by Congress, while a separate provision would guarantee that the U.S. government's exclusive control over .gov and .mil domains remains intact. In the UK, the controversial Snooper's Charter -- or the Investigatory Powers Bill as it's officially known -- has been passed through the House of Commons by UK MPs.
Government

FBI Kept Demanding Email Records Despite DOJ Saying It Needed a Warrant (theintercept.com) 102

An anonymous reader writes: The secret government requests for customer information Yahoo made public Wednesday reveal that the FBI is still demanding email records from companies without a warrant, despite being told by Justice Department lawyers in 2008 that it doesn't have the lawful authority to do so.

That comes as a particular surprise given that FBI Director James Comey has said that one of his top legislative priorities this year is to get the right to acquire precisely such records with those warrantless secret requests, called national security letters, or NSLs. 'We need it very much,' Comey told Sen. Tom Cotton, R-Ark., during a congressional hearing in February.

Businesses

Wal-Mart Says It Is 6-9 Months From Using Drones To Check Warehouse Inventory (yahoo.com) 106

Multinational retail corporation Wal-mart announced on Thursday that it is six to nine months from starting to use drones to check warehouse inventories in the United States. The drones, which are capable of operating on autopilot, fly through the aisles snapping 30 images a second, and deliver real-time data to employees about whether the correct product is shelved in the proper place. From a Reuters report: Finding ways to more efficiently warehouse, transport and deliver goods to customers has taken on new importance for Wal-Mart as it deals with wages costs while seeking to beat back price competition and boost online sales. Wal-Mart said the camera and technology on top of the drones have been custom-built for the retailer.
The Internet

Yahoo Becomes First Company To Disclose FBI National Security Letters (tumblr.com) 74

Yahoo has disclosed receipt of three national security letters (FBI requests for data that Yahoo is typically barred from sharing) and published redacted copies of the letters online for anyone to see. The company says that the move "marks the first time any company has publicly acknowledged receiving an NSL following the reforms of the USA Freedom Act." The bill was created last year allowing companies to gag orders relating to National Security Letters. Engadget reports: It takes some doing to get permission to acknowledge the receipt of a letter, too -- Yahoo says that the FBI needs to review if the nondisclosure provision is still necessary for each specific NSL before allowing a company to publish it, and even then certain information needs to be redacted before being made available to the public. Still, when companies do get these gag orders lifted, it allows them to notify the investigated parties that the FBI was looking into their data, and it's a big win for transparency overall.
Security

Hackers Stole 65 Million Passwords From Tumblr (vice.com) 44

Lorenzo Franceschi-Bicchierai, reporting for Motherboard: On May 12, Tumblr revealed that it had found out about a 2013 data breach affecting 'a set of users' email addresses and passwords, but the company refused to reveal how many users were affected. As it turns out, that number is 65 million, according to an independent analysis of the data. Troy Hunt, a security researcher who maintains the data breach awareness portal Have I Been Pwned, recently obtained a copy of the stolen data set. Hunt told Motherboard that the data contained 65,469,298 unique emails and passwords. Update: 05/30 16:36 GMT by M : An earlier version of the original report claimed that data of 68 million accounts were compromised. It's 65 million. The original story, and hence, this summary has been updated to reflect the same.
The Almighty Buck

A Third Of Cash Is Held By 5 US Tech Companies (siliconbeat.com) 392

An anonymous reader writes: Moody's Investors Service released an analysis Friday that shows Apple, Microsoft, Alphabet, Cisco Systems, and Oracle are sitting on $504 billion, which is roughly 30% of the $1.7 trillion in cash and cash equivalents held by U.S. non-financial companies in 2015. Almost all of their earnings ($1.2 trillion) are stashed overseas in an effort to avoid paying taxes on moving profits back to the U.S. under the country's complex tax code. Apple has more than 90 percent of its money located outside of the U.S., according to its most recent filings. Moody's said in its report that "we expect that overseas cash balances will continue to grow unless tax laws are changed to encourage companies to repatriate money." Some of the other tech and Silicon Valley companies in the top 50 include Intel, Gilead Sciences, Facebook, Amazon, Qualcomm, eBay, Hewlett-Packard and Yahoo.
Privacy

Uber Knows Exactly When You'll Pay Surge Pricing (yahoo.com) 211

An anonymous reader writes: Uber has figured out exactly when you are more likely to pay double or triple the cost of your ride: when your phone battery is low. Uber's head of economic research, Keith Chen, recently told NPR on an episode of The Hidden Brain podcast that people are willing to accept up to 9.9 times surge pricing if their phones are about to go dead. Data about user batteries is collected because the app uses that information to know when to switch into low-power mode. The idea being: If you really need to get where you're going, you'll pay just about anything (or at least 9.9 times anything) to ensure you're getting a ride home and won't be stranded. A person with a more fully charged device has time to wait and see if the surge pricing goes down.The company insists that it won't use this information against you.
Australia

Superjet Technology Nears Reality After Successful Australia Test (cnet.com) 132

An anonymous reader quotes a report from Yahoo: A two-hour flight from Sydney to London is a step closer to reality after the latest successful test Wednesday of hypersonic technology in the Australian desert. A joint US-Australian military research team is running a series of 10 trials at the world's largest land testing range, Woomera in South Australia, and at Norway's Andoya Rocket Range. Hypersonic flight involves traveling at more than five times the speed of sound (Mach 5). Scientists involved in the program -- called Hypersonic International Flight Research Experimentation (HIFiRE) -- are developing an engine that can fly at Mach 7, Michael Smart of the University of Queensland told AFP. He added that the scramjet was a supersonic combustion engine that uses oxygen from the atmosphere for fuel, making it lighter and faster than fuel-carrying rockets. The experimental rocket in the trial on Wednesday reached an altitude of 278 kilometers and a target speed of Mach 7.5, Australia's defense department said. The first test of the rocket was conducted in 2009. The next test is scheduled for 2017 with the project expected to be completed in 2018. It's only a matter of time before such high-speed transportation technology is implemented into our infrastructure. Last week, Hyperloop One conducted a successful test of its high speed transportation technology in the desert outside Las Vegas.
Security

CIA Watchdog 'Mistakenly' Destroyed Its Only Copy Of A Senate Torture Report (yahoo.com) 209

An anonymous reader writes: According to Yahoo News, the CIA inspector general's office "mistakenly" destroyed its only copy of a mammoth Senate torture report at the same time lawyers for the Justice Department were assuring a federal judge that copies of the document were being preserved. Agency officials described the deletion of the document to Senate investigators as an "inadvertent" foul-up by the inspector general. "CIA inspector general officials deleted an uploaded computer file with the report and then accidentally destroyed a disk that also contained the document, filled with thousands of secret files about the CIA's use of 'enhanced' interrogation methods," reports Yahoo News. The Senate Intelligence Committee and Justice Department knew about the incident last summer, sources said. However, the destruction of a copy of the sensitive report was never made public, nor was it reported to the federal judge at the time who was overseeing a lawsuit seeking access to the still classified document under the Freedom of Information Act. Despite this incident, a CIA spokesperson has said another unopened computer disk with the full report is still locked in a vault at agency headquarters. "I can assure you that the CIA has retained a copy," wrote Dean Boyd, the agency's chief of public affairs, in an email. Feinstein is calling for the CIA inspector general to obtain a new copy of the report to replace the one that disappeared. A 500-page summary was released in 2014, and concluded that the CIA misled Americans on the effectiveness of "enhanced interrogation." Specifically, the interrogations were poorly managed and unreliable.
Chrome

Google Devs Planning Flash's Demise With New 'HTML5 By Default' Chrome Setting (softpedia.com) 131

An anonymous reader quotes a report from Softpedia: In a Google Groups thread named "Intent to implement: HTML5 by Default," the Google developers announced initial plans to implement a new feature in the Chromium core that will disable the playback of Flash content by default, and use HTML5 instead, if available. The feature is scheduled to ship with Chromium builds in Q4 2016, according to the current timeline. To avoid "overprompting," a whitelist will allow ten major websites to continue to show Flash content by default without pestering users with "Allow domain.com to run Flash Player" prompts. The whitelist will be in effect one year only. The list includes the domains of YouTube, Facebook, Yahoo, VK, Live, Yandex, OK.ru, Twitch, Amazon, and Mail.ru, the biggest sites running Flash content today. Previews of the settings and prompts UI are also available.
The Almighty Buck

Tech Layoffs More Than Double In Bay Area (mercurynews.com) 203

An anonymous reader shares an article on Mercury News: In yet another sign of a slowdown in the booming Bay Area economy, tech layoffs more than doubled in the first four months of this year compared to the same period last year (could be paywalled, here's an alternate source). Yahoo's 279 workers let go this year contributed to the 3,135 tech jobs lost in the four-county region of Santa Clara, San Mateo, Alameda and San Francisco counties from January through April, as did the 50 workers axed at Toshiba America in Livermore and the 71 at Autodesk in San Francisco. In the first four months of last year, just 1,515 Bay Area tech workers were laid off, according to mandatory filings under California's WARN Act. For that period in 2014, the region's tech layoffs numbered 1,330. The jump comes amid a litany of other signs that the tech economy may be taking a breather: disappointing earning reports from stalwarts like Apple, an IPO market that has come to a near standstill, a volatile stock exchange and uncertainty in China.
Yahoo!

US Congress Bans Members From Using Yahoo Mail (bbc.co.uk) 121

A week after we learned that the House of Represantives had banned its members from using Google's appshot.com, more details about the blockage have surfaced. Reader Big Hairy Ian writes: A series of ransomware attacks on the House of Representatives has led U.S. Congress to ban members from using Yahoo Mail, according to a leaked email. Both Yahoo Mail and Gmail are named in the 30 April email, published on Thursday by Gizmodo, saying the attacks had increased "in the past 48 hours". Yahoo Mail will be blocked "until further notice" it adds. Ransomware encrypts victims' files and demands a ransom be paid for unlocking. In this particular instance, I think it isn't all of Yahoo Mail's fault. People need to be wary of the links they click on.
AI

Swarm AI Correctly Predicts Kentucky Derby Superfecta, Turns $20 Into $11,000 (yahoo.com) 170

New "Swarm Intelligence" platform UNU from Unanimous A.I. made a bet on the Kentucky Derby this weekend and won big. The bet is called the Superfecta and it paid 540 to 1 odds. "Swarm Intelligence" allows groups to amplify their collective IQ beyond the capacity of individuals, something that the human species hasn't been able to do because of evolutionary restraints. Silicon Valley startup Unanimous A.I. set out to answer one question: Can humans swarm, and if so can we amplify our intelligence beyond the ability of individuals? Spoiler: yes we can. According to Yahoo, "Unanimous spent the last two years building a swarm intelligence platform called UNU that enables groups to get together as online swarms -- combing their thoughts, opinions, and intuitions in real-time to answer questions, make predictions, reach decisions, and even play games as a unified collective intelligence." Already, UNU has predicted the Oscars better than experts, and predicted the NCAA college bowl games with 70% accuracy. As for the Kentucky Derby, Hope Reese, reporter for Tech Republic and the Atlantic, challenged Unanimous A.I. to use UNU to predict the winners. The group used UNU to answer questions as a unified Swarm Intelligence, narrowing the field of 20 horses down to four winners. Then it was asked to order the winners into Win, Place, Show, and Fourth. Swarm Intelligence convened again a week later after the Derby announced the post positions of the horses -- one of the four picks was replaced by an alternate.
Google

Amid Data Breach, Google, Mail.ru and Yahoo Claim 98% of Leaked Credentials Bogus (arstechnica.com) 25

Hundreds of millions of email login credentials -- affecting Gmail, Yahoo, Mail.ru (Russia's most popular email service), and Hotmail among other websites -- were being traded earlier this week in Russia's criminal underground. According to a report on Ars Technica, Google, Yahoo, Microsoft, and Mail.ru have now assured that the vast majority of leaked credentials are invalid. For instance, "More than 98% of the Google account credentials in this research turned out to be bogus," Google said. Dan Goodin reports: What has been clear all along to anyone paying attention is that the plaintext credentials recovered by Hold Security almost certainly didn't come from hacks on the e-mail providers. Instead, they most likely were collected by hackers who hit dozens, hundreds or thousands of third-party Web services over the years and dumped the account databases into a single list.
Open Source

DuckDuckGo Is Giving Away $225,000 To Support Open Source Projects (businessinsider.com) 62

An anonymous reader writes: Google Search competitor DuckDuckGo announced it will be giving away a total of $225,000 to support nine open source projects, each project will receive $25,000. DuckDuckGo said it performed 3 billion searches in 2015. It differs from many other search engines as it offers private, anonymous internet search. It doesn't gather information about you to sell ads to marketeers, like Google. Instead, it shows generic ads as it's part of the Microsoft/Bing/Yahoo ad network. It also has revenue-sharing agreements with certain companies in the Linux Open Source worlds, and makes money from select affiliate links. The $225,000 DuckDuckGo is giving away is chump change compared to the $100 million Google gives away in grants ever year. However, for the select projects, it should still be very beneficial. Last year, DuckDuckGo gave away a total of $125,000 to open source projects, so it's nice to see them donate an extra $100,000 to a good cause.
United States

John Kasich To Drop Out, Leaving Trump as GOP Nominee (vox.com) 605

Multiple outlets are reporting that Ohio Gov. John Kasich plans to suspend his run to be the GOP presidential nominee. The move, if happens, would make Donald Trump the presumptive nominee for the GOP. The report comes hours after Kasich abruptly cancelled a planned press conference (could be paywalled; alternate source) in Virginia on Wednesday morning. LA Times reports: Kasich, the Ohio governor, had pledged to continue campaigning as a Trump alternative who could deny the billionaire needed delegates. But on Wednesday, he canceled a news conference in Washington and planned an announcement for later in the day in Columbus, Ohio, to drop out. Vox has more details.
Security

Millions of Gmail, Yahoo, Hotmail Email Accounts Being Traded in Russian Underworld (reuters.com) 73

Eric Auchard, reporting for Reuters (edited and condensed): Hundreds of millions of hacked usernames and passwords for email accounts and other websites are being traded in Russia's criminal underworld, a security expert told Reuters. The discovery of 272.3 million stolen accounts included a majority of users of Mail.ru, Russia's most popular email service, and smaller fractions of Google, Yahoo and Microsoft email users (Editor's note: the numbers are: 57M Mail.ru, 24M Google, 40M Yahoo, and 33M Hotmail), said Alex Holden, founder and chief information security officer of Hold Security. [...] The latest discovery came after Hold Security researchers found a young Russian hacker bragging in an online forum that he had collected and was ready to give away a far larger number of stolen credentials that ended up totaling 1.17 billion records.Amir Efrati, a reporter with The Information, asks: "Industry seems to be failing at convince email users to do 2-step verification. Why not require it?"
The Almighty Buck

Yahoo's Marissa Mayer In Line For $55M Severance If Fired Within A Year Of Sale (nytimes.com) 181

whoever57 writes: A Securities and Exchange Commission (SEC) filing on Friday revealed that Yahoo's board has agreed to a $55 million severance package for Marissa Mayer if she loses her job within a year of a sale. That's a lot of money for a chief executive who hasn't been able to keep Yahoo's stock from falling. In 2015, the value of Yahoo's stock fell by 33%. Worth noting: most of the money from the severance package is composed of restricted stock units and options -- there's only $3 million in cold hard cash. Also, Yahoo revealed Mayer received a significant pay cut last year. Her "reported pay" was $36 million, but her "realized pay" is closer to $14 million.
Microsoft

Microsoft Limits Cortana Search Box In Windows 10 To Bing and Edge Only (venturebeat.com) 361

An anonymous reader quotes a report from VentureBeat: Microsoft has announced a big change for how the Cortana search box in Windows 10 will work going forward: all searches will be powered by Bing and all links will open with the Edge browser. This is a server-side change going into effect today. Once it takes effect on your Windows 10 computer, Cortana will no longer be able to serve up results from third-party search providers, like Google or Yahoo, nor take you to a third-party browser, such as Google Chrome or Mozilla Firefox. Ryan Gavin, Microsoft's general manager of search and Cortana, said in a Windows blog post announcing the change, "Unfortunately, as Windows 10 has grown in adoption and usage, we have seen some software programs circumvent the design of Windows 10 and redirect you to search providers that were not designed to work with Cortana. The result is a compromised experience that is less reliable and predictable. The continuity of these types of task completion scenarios is disrupted if Cortana can't depend on Bing as the search provider and Microsoft Edge as the browser. The only way we can confidently deliver this personalized, end-to-end search experience is through the integration of Cortana, Microsoft Edge and Bing -- all designed to do more for you."

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