An anonymous reader quotes a report from Ars Technica: Volkswagen will wait to see what electric car demand is like before building out all six of its previously planned battery factories. Thomas Schmall, VW's board member in charge of technology, told a German newspaper that "building battery cell factories is not an end to itself" and that a goal of 200 GWh of lithium-ion cells by 2030 was not set in stone. [...] For VW, the previous goal of 200 GWh by 2030 from six factories (through a new subsidiary called PowerCo) could now be just 170 GWh capacity from three already-announced plants in Valencia, Spain; Ontario, Canada; and Salzgitter, Germany. If necessary, Schmall said that the Spanish and Canadian battery factories could be expanded to meet additional demand. This battery news follows another sign of slowing confidence in EVs at VW. Last week, it emerged that the company has pushed back plans for the ID.4's successor, which now may not see showrooms until 2032.

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The Verge's Adi Robertson reports: An appeals court revived a lawsuit against the anonymous messaging service Yolo, which allegedly broke a promise to unmask bullies on the app. In a ruling (PDF) issued Thursday, the Ninth Circuit Court of Appeals said Section 230 of the Communications Decency Act shouldn't block a claim that Yolo misrepresented its terms of service, overruling a lower court decision. But it determined the app can't be held liable for alleged design defects that allowed harassment, letting a different part of that earlier ruling stand. Yolo was a Snapchat-integrated app that let users send anonymous messages, but in 2021, it was hit with a lawsuit after a teenage user died by suicide. The boy, Carson Bride, had received harassing and sexually explicit messages from anonymized users that -- he believed -- he likely knew. Bride and his family attempted to contact Yolo for help, but Yolo allegedly never answered, and in some cases, emails to the company simply bounced. Snap banned Yolo and another app targeted in the lawsuit, and a year later, it banned all anonymous messaging integration. Bride's family and a collection of other aggrieved parents argued that Yolo broke a legally binding promise to its users. They pointed to a notification where Yolo claimed people would be banned for inappropriate use and deanonymized if they sent "harassing messages" to others. But as the ruling summarizes, the plaintiffs argued that "with a staff of no more than ten people, there was no way Yolo could monitor the traffic of ten million active daily users to make good on its promise, and it in fact never did." Additionally, they claimed Yolo should have known its anonymous design facilitated harassment, making it defective and dangerous. A lower court threw out both of these claims, saying that under Section 230, Yolo couldn't be held responsible for its users' posts. The appeals court was more sympathetic. It accepted the argument that families were instead holding Yolo responsible for promising users something it couldn't deliver. "Yolo repeatedly informed users that it would unmask and ban users who violated the terms of service. Yet it never did so, and may have never intended to," writes Judge Eugene Siler, Jr. "While yes, online content is involved in these facts, and content moderation is one possible solution for Yolo to fulfill its promise, the underlying duty ... is the promise itself." The Yolo suit built on a previous Ninth Circuit ruling that let another Snap-related lawsuit circumvent Section 230's shield. In 2021, it found Snap could be sued for a "speed filter" that could implicitly encourage users to drive recklessly, even if users were responsible for making posts with that filter. (The overall case is still ongoing.) On top of their misrepresentation claim, the plaintiffs argued Yolo's anonymous messaging capability was similarly risky, an argument the Ninth Circuit didn't buy -- "we refuse to endorse a theory that would classify anonymity as a per se inherently unreasonable risk," Siler wrote.

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Chinese scientists have developed a new method to produce significant quantities of water from lunar soil brought back by the Chang'e-5 mission in 2020, state broadcaster CCTV reported. The "brand-new method" involves heating moon minerals containing hydrogen to generate water vapor, which could be crucial for future lunar research stations and space exploration. Reuters reports: "After three years of in-depth research and repeated verification, a brand-new method of using lunar soil to produce large amounts of water was discovered, which is expected to provide important design basis for the construction of future lunar scientific research stations and space stations," said CCTV. The discovery could have important implications for China's decades-long project of building a permanent lunar outpost amid a U.S.-China race to find and mine the moon's resources. Using the new method, one tonne of lunar soil will be able to produce about 51-76 kg of water, equivalent to more than a hundred 500ml bottles of water, or the daily drinking water consumption of 50 people, the state broadcaster said. China hopes that recent and future lunar expeditions will set the foundations to build the International Lunar Research Station (ILRS), an initiative it is co-leading with Russia.

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An anonymous reader quotes a report from The Guardian: Just under a year ago, the east coast of Greenland was hit by a megatsunami. Triggered by a large landslide entering the uninhabited Dickson Fjord, the resulting tsunami was 200 meters high -- equivalent to more than 40 double-decker buses. Luckily no one was hurt, though a military base was obliterated. Now analysis of the seismic data associated with the event has revealed that the tsunami was followed by a standing wave, which continued to slosh back and forth within the narrow fjord for many days. Angela Carrillo Ponce from the German Research Centre for Geosciences in Potsdam, analyzed the seismic data, recorded at earthquake monitoring stations more than 3,000 miles (5,000km) away, and found signals persisting long after the 16 September 2023 landslide event. Using satellite images and computer modeling, Ponce and her colleagues were able to confirm the presence of a standing wave of about 1 meter in height which lasted for more than a week. Their findings, published in The Seismic Record, warn that climate change is accelerating the melt of Greenland's glaciers and permafrost, increasing the chance of landslides and subsequent megatsunamis. Smaller events have been observed a number of times in recent years, such as the rock avalanche into western Greenland's Karrat Fjord in 2017, which triggered a tsunami that flooded the village of Nuugaatsiaq, destroying 11 houses and killing four people.

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Nearly 200 Google DeepMind workers signed a letter urging Google to cease its military contracts, expressing concerns that the AI technology they develop is being used in warfare, which they believe violates Google's own AI ethics principles. "The letter is a sign of a growing dispute within Google between at least some workers in its AI division -- which has pledged to never work on military technology -- and its Cloud business, which has contracts to sell Google services, including AI developed inside DeepMind, to several governments and militaries including those of Israel and the United States," reports TIME Magazine. "The signatures represent some 5% of DeepMind's overall headcount -- a small portion to be sure, but a significant level of worker unease for an industry where top machine learning talent is in high demand." From the report: The DeepMind letter, dated May 16 of this year, begins by stating that workers are "concerned by recent reports of Google's contracts with military organizations." It does not refer to any specific militaries by name -- saying "we emphasize that this letter is not about the geopolitics of any particular conflict." But it links out to an April report in TIME which revealed that Google has a direct contract to supply cloud computing and AI services to the Israeli Military Defense, under a wider contract with Israel called Project Nimbus. The letter also links to other stories alleging that the Israeli military uses AI to carry out mass surveillance and target selection for its bombing campaign in Gaza, and that Israeli weapons firms are required by the government to buy cloud services from Google and Amazon. "Any involvement with military and weapon manufacturing impacts our position as leaders in ethical and responsible AI, and goes against our mission statement and stated AI Principles," the letter that circulated inside Google DeepMind says. (Those principles state the company will not pursue applications of AI that are likely to cause "overall harm," contribute to weapons or other technologies whose "principal purpose or implementation" is to cause injury, or build technologies "whose purpose contravenes widely accepted principles of international law and human rights.") The letter says its signatories are concerned with "ensuring that Google's AI Principles are upheld," and adds: "We believe [DeepMind's] leadership shares our concerns." [...] The letter calls on DeepMind's leaders to investigate allegations that militaries and weapons manufacturers are Google Cloud users; terminate access to DeepMind technology for military users; and set up a new governance body responsible for preventing DeepMind technology from being used by military clients in the future. Three months on from the letter's circulation, Google has done none of those things, according to four people with knowledge of the matter. "We have received no meaningful response from leadership," one said, "and we are growing increasingly frustrated."

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After a couple of years of regular use, Samsung's $400 Galaxy Ring will end up contributing to the growing e-waste problem. "The Galaxy Ring -- and all smart rings like it -- comes with a huge string attached," writes iFixit in a blog post. "It's 100% disposable, just like the AirPod-style Buds3 that Samsung just released. The culprit? The lithium ion batteries." ZDNet reports: The problem is the battery, and how they have a finite lifespan. Usually that's about 400 recharge cycles, and after that the batteries are finished. And if you can't replace it, then it's the end of the line for the gadget, and it's tossed onto the e-waste pile. [...] iFixit is damning about this sort of tech. "There's nothing wrong with simple but there is something wrong with unrepairable. Just like the Galaxy Buds3, the Galaxy Ring is a disposable tech accessory that isn't designed to last more than two years." And the bottom line is simple: "We can't recommend buying disposable tech like this." Here's what iFixit's Shahram Mokhtari had to say about the Galaxy Ring's battery, after putting it through a CT scanner: On the right hand side of the ring is the faint outline of a lithium polymer battery pouch. There's an inductive coil sitting right on top of the battery (the lines that look like a rectangular track) and another very similar inductive coil that's parallel and slightly separated from the first. That second inductive coil is inside the charging case and works together with the inductive coil in the ring to recharge the battery inside the Galaxy Ring. Inductive charging is the only practical way to deliver power to a device that doesn't have any ports. But there's something else here that sticks out like a sore thumb ... that is a press connector joining the battery to the rest of the board! This is a surprising use of space, why isn't this directly soldered? Nobody is getting back in there to disconnect this thing! We love press connectors, they're easy to work with and make replacing batteries a sight easier than desoldering a half dozen wires. But this one is sealed into the device and serves no purpose in replacement or repair. Our best guess as to why it's in the Galaxy Ring: The battery and wireless charging coil were made in one place, the circuit board somewhere else, and it all comes to a production line somewhere where the two need to be connected together quickly and cheaply. Hence the press connector. It's not for your benefit, it's for the manufacturers.

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An anonymous reader quotes a report from Ars Technica: Amazon may be forced to meet some unionized delivery drivers at the bargaining table after a regional National Labor Relations Board (NLRB) director determined Thursday that Amazon is a joint employer of contractors hired to ensure the e-commerce giant delivers its packages when promised. This seems like a potentially big loss for Amazon, which had long argued that delivery service partners (DSPs) exclusively employed the delivery drivers, not Amazon. By rejecting its employer status, Amazon had previously argued that it had no duty to bargain with driver unions and no responsibility for alleged union busting, The Washington Post reported. But now, after a yearlong investigation, the NLRB has issued what Amazon delivery drivers' union has claimed was "a groundbreaking decision that sets the stage for Amazon delivery drivers across the country to organize with the Teamsters." In a press release reviewed by Ars, the NLRB regional director confirmed that as a joint employer, Amazon had "unlawfully failed and refused to bargain with the union" after terminating their DSP's contract and terminating "all unionized employees." The NLRB found that rather than bargaining with the union, Amazon "delayed start times by grounding vans and not preparing packages for loading," withheld information from the union, and "made unlawful threats." Teamsters said those threats included "job loss" and "intimidating employees with security guards." [...] Unless a settlement is reached, the NLRB will soon "issue a complaint against Amazon and prosecute the corporate giant at a trial" after finding that "Amazon engaged in a long list of egregious unfair labor practices at its Palmdale facility," Teamsters said. Apparently downplaying the NLRB determination, Amazon is claiming that the Teamsters are trying to "misrepresent what is happening here." Seemingly Amazon is taking issue with the union claiming that an NLRB determination on the merits of their case is a major win when the NLRB has yet to issue a final ruling. According to the NLRB's press release, "a merit determination is not a 'Board decision/ruling' -- it is the first step in the NLRB's General Counsel litigating the allegations after investigating an unfair labor practice charge." Sean M. O'Brien, the Teamsters general president, claimed the win for drivers unionizing not just in California but for nearly 280,000 drivers nationwide. "Amazon drivers have taken their future into their own hands and won a monumental determination that makes clear Amazon has a legal obligation to bargain with its drivers over their working conditions," O'Brien said. "This strike has paved the way for every other Amazon worker in the country to demand what they deserve and to get Amazon to the bargaining table."

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The Register's Connor Jones reports: The U.S. is suing one of its leading research universities over a litany of alleged failures to meet cybersecurity standards set by the Department of Defense (DoD) for contract awardees. Georgia Institute of Technology (GIT), commonly referred to as Georgia Tech, and its contracting entity, Georgia Tech Research Corporation (GTRC), are being investigated following whistleblower reports from insiders Christopher Craig and Kyle Koza about alleged (PDF) failures to protect controlled unclassified information (CUI). The series of allegations date back to 2019 and continued for years after, although Koza was said to have identified the issues as early as 2018. Among the allegations is the suggestion that between May 2019 and February 2020, Georgia Tech's Astrolavos Lab -- ironically a group that focuses on cybersecurity issues affecting national security -- failed to develop and implement a cybersecurity plan that complied with DoD standards (NIST 800-171). When the plan was implemented in February 2020, the lawsuit alleges that it wasn't properly scoped -- not all the necessary endpoints were included -- and that for years afterward, Georgia Tech failed to maintain that plan in line with regulations. Additionally, the Astrolavos Lab was accused of failing to implement anti-malware solutions across devices and the lab's network. The lawsuit alleges that the university approved the lab's refusal to deploy the anti-malware software "to satisfy the demands of the professor that headed the lab," the DoJ said. This is claimed to have occurred between May 2019 and December 2021. Refusing to install anti-malware solutions at a contractor like this is not allowed. In fact, it violates federal requirements and Georgia Tech's own policies, but allegedly happened anyway. The university and the GTRC also, it is claimed, submitted a false cybersecurity assessment score in December 2020 -- a requirement for all DoD contractors to demonstrate they're meeting compliance standards. The two organizations are accused of issuing themselves a score of 98, which was later deemed to be fraudulent based on various factors. To summarize, the issue centers around the claim that the assessment was carried out on a "fictitious" environment, so on that basis the score wasn't given to a system related to the DoD contract, the US alleges. The claims are being made under the False Claims Act (FCA), which is being utilized by the Civil Cyber-Fraud Initiative (CCFI), which was introduced in 2021 to punish entities that knowingly risk the safety of United States IT systems. It's a first-of-its-kind case being pursued as part of the CCFI. All previous cases brought under the CCFI were settled before they reached the litigation stage.

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Wyoming is pioneering the next phase of crypto growth by creating its own U.S. dollar-backed stablecoin, the Wyoming stable token. The state aims for an early 2025 launch and have it serve as a model for a digitized dollar at the federal level, while also using the token's reserves to fund public schools. CNBC reports: Wyoming is currently vetting potential partners and vendors with more tech expertise to help build the stable token. It will require an exchange and wallet providers -- Coinbase and Kraken, for example, offer both -- to purchase and hold the token. The state plans to issue the token to an exchange so the exchange can issue it to the retail user. From there, it should be just another payment method for everyday things, said Flavia Naves, a commissioner at the Wyoming Stable Token Commission. "When you walk into Cowboy Coffee in Jackson, Wyoming, and you want to buy your latte, there's going to be their wallet there in Solana that you can use to buy your coffee with the Wyoming token," she said, describing the vision for the stablecoin. It also has a public good tilt to it: the commission plans to invest reserves that back each token in circulation into Treasurys and reverse repos, and use the interest made on those investments to fund its public schools. At the conference, [Wyoming Governor Mark Gordon] emphasized the importance of resisting the urge to focus too much on how much money the state can make here and to instead prioritize reserve management. [...] Naves emphasized that there will be a "buffer" in the reserves to account for any potential deviations and full transparency to establish and maintain public trust. "There will be audits available to the public on how many tokens [are] in circulation [and] how much money is in the bank account backing, so you can always see there is a 1-to-1 [stablecoin-to-dollar ratio]," she said. "This is a public token as well so as with any public service, all the information is available." The commission invites the public virtually to its meetings on the stable token and posts the minutes to its website afterward. "This is fully reserved and part of what we've been working out ... is to make sure that we can fully back whatever it is we're going to do," Gordon said. "Plus the fact that our legislation says that when a person buys a Treasury or a repo, we're going to have that in evidence, you're going to be able to see that. So hopefully we can avoid the de begging issues." Success would be "adoption of a stablecoin ... that's transparent, that is fully backed by our short-term Treasurys [and] that's dollar dependent," Wyoming Governor Mark Gordon told CNBC at the Wyoming Blockchain Symposium in Jackson Hole. "One of the big things for me is to be able to bring back onshore a lot of our debt, because if it's bought by treasuries and supported by Treasurys, it will help to stabilize that market to a degree." "It is clear to me is that digital assets are going to have a future," Gordon said. "The United States has to address this issue. Washington's being a little bit stodgy, which is why Wyoming, being a nimble and entrepreneurial state, can make a difference."

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An anonymous reader quotes a report from the Financial Post: You may find yourself smelling crayons in the aisles of stores soon -- if Crayola's chief executive Pete Ruggiero has his way. In July, the U.S. Patent and Trademark Office issued a trademark to the arts and crafts giant for the smell of its crayons -- that waxy scent of a childhood spent trying to color within the lines. While it's too soon for this back-to-school season, Ruggiero imagines one day pumping it through the aisles of retailers, triggering nostalgia while shoppers are browsing and hopefully buying more crayons. Crayola, a unit of Hallmark, first applied for the trademark in 2018 and was initially turned down less than a year later, but won its bid on appeal. During the process, the company shared examples of its own crayons as well as competitors to verify the distinctiveness. It's a "slightly earthy soap with pungent, leather-like clay undertones," according to the trademark documents. "We've been talking about doing it for years," Ruggiero said about the trademark. "That Crayola smell, there's a connection between the smell and childhood memories that is very powerful."

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Uber and General Motors' Cruise have partnered to offer driverless rides to Uber users as early as soon as next year. CNBC reports: Both Cruise CEO Marc Whitten and Uber CEO Dara Khosrowshahi hailed the partnership in a press release, stressing that the companies believe autonomous vehicles can be deployed safely. "Cruise is on a mission to leverage driverless technology to create safer streets and redefine urban life," Whitten said in the release. "We are excited to partner with Uber to bring the benefits of safe, reliable, autonomous driving to even more people, unlocking a new era of urban mobility." Khosrowshahi said in the release that Uber is "thrilled to partner with Cruise and look forward to launching next year." On Uber's most recent earnings call, analysts asked the company how the emergence of robotaxis would likely impact the ridehailing giant's business long-term. Khosrowshahi said on the call that "AV players" experience much higher utilization with Uber than they do "without a network on a first-party basis." He also predicted there will be a "pretty long hybrid period as autonomous is developing and regulators are trying to figure out exactly how to regulate it." He added, "We don't think this will be a winner-take-all market."

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The Wow! signal, detected on August 15, 1977, was an intense radio transmission that appeared artificial and raised the possibility of extraterrestrial contact. However, recent research suggests it may have been caused by a natural astrophysical event involving a magnetar flare striking a hydrogen cloud. Universe Today reports: New research shows that the Wow! Signal has an entirely natural explanation. The research is "Arecibo Wow! I: An Astrophysical Explanation for the Wow! Signal." The lead author is Abel Mendez from the Planetary Habitability Laboratory at the University of Puerto Rico at Arecibo. It's available at the pre-print server arxiv.org. Arecibo Wow! is a new effort based on an archival study of data from the now-defunct Arecibo Radio Telescope from 2017 to 2020. The observations from Arecibo are similar to those from Big Ear but "are more sensitive, have better temporal resolution, and include polarization measurements," according to the authors. "Our latest observations, made between February and May 2020, have revealed similar narrowband signals near the hydrogen line, though less intense than the original Wow! Signal," said Mendez. Arecibo detected signals similar to the Wow! signal but with some differences. They're far less intense and come from multiple locations. The authors say these signals are easily explained by an astrophysical phenomenon and that the original Wow! signal is, too. "We hypothesize that the Wow! Signal was caused by sudden brightening from stimulated emission of the hydrogen line due to a strong transient radiation source, such as a magnetar flare or a soft gamma repeater (SGR)," the researchers write. Those events are rare and rely on precise conditions and alignments. They can cause clouds of hydrogen to brighten considerably for seconds or even minutes. The researchers say that what Big Ear saw in 1977 was the transient brightening of one of several H1 (neutral hydrogen) clouds in the telescope's line of sight. The 1977 signal was similar to what Arecibo saw in many respects. "The only difference between the signals observed in Arecibo and the Wow! Signal is their brightness. It is precisely the similarity between these spectra that suggests a mechanism for the origin of the mysterious signal," the authors write. These signals are rare because the spatial alignment between source, cloud, and observer is rare. The rarity of alignment explains why detections are so rare. The researchers were able to identify the clouds responsible for the signal but not the source. Their results suggest that the source is much more distant than the clouds that produce the hydrogen signal. "Given the detectability of the clouds as demonstrated in our data, this insight could enable precise location of the signal's origin and permit continuous monitoring for subsequent events," the researchers explain.

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An anonymous reader quotes a report from the Associated Press: A U.S. government report expected to stir debate concluded that fluoride in drinking water at twice the recommended limit is linked with lower IQ in children. The report, based on an analysis of previously published research, marks the first time a federal agency has determined -- "with moderate confidence" -- that there is a link between higher levels of fluoride exposure and lower IQ in kids. While the report was not designed to evaluate the health effects of fluoride in drinking water alone, it is a striking acknowledgment of a potential neurological risk from high levels of fluoride. Fluoride strengthens teeth and reduces cavities by replacing minerals lost during normal wear and tear, according to the U.S. Centers for Disease Control and Prevention. The addition of low levels of fluoride to drinking water has long been considered one of the greatest public health achievements of the last century. The long-awaited report released Wednesday comes from the National Toxicology Program, part of the Department of Health and Human Services. It summarizes a review of studies, conducted in Canada, China, India, Iran, Pakistan, and Mexico, that concludes that drinking water containing more than 1.5 milligrams of fluoride per liter is consistently associated with lower IQs in kids. The report did not try to quantify exactly how many IQ points might be lost at different levels of fluoride exposure. But some of the studies reviewed in the report suggested IQ was 2 to 5 points lower in children who'd had higher exposures. Since 2015, federal health officials have recommended a fluoridation level of 0.7 milligrams per liter of water, and for five decades before the recommended upper range was 1.2. The World Health Organization has set a safe limit for fluoride in drinking water of 1.5. The report said that about 0.6% of the U.S. population -- about 1.9 million people -- are on water systems with naturally occurring fluoride levels of 1.5 milligrams or higher. The 324-page report did not reach a conclusion about the risks of lower levels of fluoride, saying more study is needed. It also did not answer what high levels of fluoride might do to adults.

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New submitter ElimGarak000 shares a report from CyberScoop: The Texas-based voice service provider that sent AI-generated robocalls of President Joe Biden to New Hampshire voters ahead of its Democratic presidential primary has agreed to pay a $1 million fine and implement enhanced verification protocols designed to prevent robocalls and phone number spoofing in a settlement with the Federal Communications Commission. The fine represents half the amount the FCC was originally seeking in an enforcement action proposed against Lingo Telecom in May. Despite that, agency leaders characterized the settlement (PDF) as a successful effort to defend U.S. telecommunications networks and election infrastructure from nascent AI and deepfake technologies. [...] In addition to the fine, the settlement requires Lingo Telecom to follow regulatory protocols that were put in place in 2020 to ensure telecommunications carriers authenticate caller identities using their networks. The protocols, known as STIR/SHAKEN, require carriers like Lingo to digitally verify and formally attest to the FCC that callers are legitimate and own the phone number they display on Caller ID. In the New Hampshire robocall case, Kramer and Life Corporation spoofed the phone number of Kathy Sullivan, a former state Democratic party official who was running a write-in campaign for Biden. The FCC cited Lingo's inability to properly implement and enforce STIR/SHAKEN as a key failure in a February cease-and-desist letter, and again in May when the agency proposed a $2 million enforcement action. The company was also named in a civil lawsuit filed by the League of Women Voters and New Hampshire residents, seeking damages over the incident. Per terms of the settlement, Lingo Telecom must hire a senior manager knowledgeable in STIR/SHAKEN protocols and develop a compliance plan, new operating procedures and training programs. They must also report any incidents of non-compliance with STIR/SHAKEN within 15 days of discovery. "Every one of us deserves to know that the voice on the line is exactly who they claim to be," FCC Chairwoman Jessica Rosenworcel said in a statement. "If AI is being used, that should be made clear to any consumer, citizen, and voter who encounters it. The FCC will act when trust in our communications networks is on the line."

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Former President Donald Trump is about to launch a crypto platform called "The DeFiant Ones," according to a post of his on Truth Social. "For too long, the average American has been squeezed by the big banks and financial elites," Trump wrote. "It's time we take a stand -- together." From a report: The post marks the first time the Republican nominee for president has used his personal platform to promote the as yet unactivated digital bank. Within minutes, his son Donald Trump Jr., shared the post with his 12 million X followers. Trump's post includes a link to a Telegram channel called "The DeFiant Ones," which had approximately 29,000 followers as of Thursday morning, and climbing. An Aug. 15 post describes the group chat as "the only official Telegram channel for the Trump DeFi project" which is building "the future of finance." Two of Trump's sons, Eric Trump and and Donald Jr., have spent weeks teasing the forthcoming platform, which Eric recently described as "digital real estate." "It's equitable. It's collateral anyone can get access to and do so instantly," Eric told the New York Post earlier this month. "I don't know if people realize what a shake up that is for the world of banking and finance. I hope we can help change that." The Trump brothers have also promoted the project with posts declaring that "decentralized finance is the future" and asking people to "stay tuned for a big announcement." The mention of digital real estate could be a reference to selling digitized versions of assets in the metaverse, a concept which peaked in popularity in 2021 during the last bull market cycle in crypto. Digitized real estate could also mean that the project would tokenize real-world assets. [...] Trump's eldest son recently said that the family wasn't launching a memecoin and instead, was working to develop a crypto platform that would rival the traditional banking system. "What we want to do is take on a lot of the banking world," he said Aug. 8. "I think there has been a lot of inequality in that only certain people can get financing [...] so this notion of decentralized finance is obviously very appealing to guys like me who have been debanked," Donald Trump Jr. said in the interview on Locals.

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An anonymous reader quotes a report from Ars Technica: Pong will always hold a special place in the history of gaming as one of the earliest arcade video games. Introduced in 1972, it was a table tennis game featuring very simple graphics and gameplay. In fact, it's simple enough that even non-living materials known as hydrogels can "learn" to play the game by "remembering" previous patterns of electrical stimulation, according to a new paper published in the journal Cell Reports Physical Science. "Our research shows that even very simple materials can exhibit complex, adaptive behaviors typically associated with living systems or sophisticated AI," said co-author Yoshikatsu Hayashi, a biomedical engineer at the University of Reading in the UK. "This opens up exciting possibilities for developing new types of 'smart' materials that can learn and adapt to their environment." [...] The experimental setup was fairly simple. The researchers hooked up electroactive hydrogels to a simulated virtual environment of a Pong game using a custom-built electrode array. The games would start with the ball traveling in a random direction. The hydrogels tracked the ball's position via electrical stimulation and tracked the paddle's position by measuring the distribution of ions in the hydrogels. As the games progressed, the researchers measured how often the hydrogel managed to hit the ball with the paddle. They found that, over time, the hydrogels' accuracy improved, hitting the ball more frequently for longer rallies. They reached their maximum potential for accuracy in about 20 minutes, compared to 10 minutes for the DishBrain. The authors attribute this to the ion movement essentially mapping out a "memory" of all motion over time, exhibiting what appears to be emergent memory functions within the material itself. Perhaps the next step will be to "teach" the hydrogels how to align the paddles in such a way that the rallies go on indefinitely.

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Instagram is adding a new feature today that will "allow users to add a song on their profile -- much like Myspace in the early 2000s," writes The Verge's Mia Sato. From the report: The music added to a user's profile shows up in the bio area, according to screenshots shared by Instagram. A song will be featured on a profile until the user removes or replaces it. But unlike Myspace, songs won't autoplay -- people viewing a profile with a song can play and pause the track. Users can add a song by going to the "edit profile" page, where they'll be able to search for and select a track from Instagram's library of licensed music that's also available for things like Reels or posts. From there, users will be able to select a 30-second-long portion of the song to add.

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Android Authority's Mishaal Rahman reports: Security vulnerabilities are lurking in most of the apps you use on a day-to-day basis; there's just no way for most companies to preemptively fix every possible security issue because of human error, deadlines, lack of resources, and a multitude of other factors. That's why many organizations run bug bounty programs to get external help with fixing these issues. The Google Play Security Reward Program (GPSRP) is an example of a bug bounty program that paid security researchers to find vulnerabilities in popular Android apps, but it's being shut down later this month. Google announced the Google Play Security Reward Program back in October 2017 as a way to incentivize security searchers to find and, most importantly, responsibly disclose vulnerabilities in popular Android apps distributed through the Google Play Store. [...] The purpose of the Google Play Security Reward Program was simple: Google wanted to make the Play Store a more secure destination for Android apps. According to the company, vulnerability data they collected from the program was used to help create automated checks that scanned all apps available in Google Play for similar vulnerabilities. In 2019, Google said these automated checks helped more than 300,000 developers fix more than 1,000,000 apps on Google Play. Thus, the downstream effect of the GPSRP is that fewer vulnerable apps are distributed to Android users. However, Google has now decided to wind down the Google Play Security Reward Program. In an email to participating developers, such as Sean Pesce, the company announced that the GPSRP will end on August 31st. The reason Google gave is that the program has seen a decrease in the number of actionable vulnerabilities reported. The company credits this success to the "overall increase in the Android OS security posture and feature hardening efforts."

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An anonymous reader quotes a report from NBC News: The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million -- which he sent to cryptocurrency wallets controlled by scammers who had duped him in a "pig butchering" scheme that appealed to his greed, federal prosecutors said. The massive embezzlement by ex-CEO Shan Hanes in a series of wire transfers over just eight weeks last year led to the collapse and FDIC takeover of Heartland Tri-State Bank in Elkhart, one of only five U.S. banks that failed in 2023. Hanes, 53, also swindled funds from a local church and investment club -- and a daughter's college savings account -- to transfer money, purportedly to buy cryptocurrency as the scammers insisted they needed more funds to unlock the supposed returns on his investments, according to records from U.S. District Court in Wichita, Kansas. But Hanes never realized any profit and lost all of the money he stole as a result of the scam. Judge John Broomes on Monday sentenced Hanes to 293 months in prison -- 29 months more than what prosecutors requested after he pleaded guilty in May to a single count of embezzlement by a bank officer. [...] [P]rosecutors and bank regulators said that Hanes, who has three daughters with his school teacher wife, began stealing after being targeted in a pig-butchering scheme in late 2022. That scheme was described in a court filing as "a scammer convincing a victim (a pig) to invest in supposedly legitimate virtual currency investment opportunities and then steals the victim's money -- butchering the pig." Hanes, who had served on the board of the American Bankers Association, and been chairman of the Kansas Bankers Association, in December 2022 began making transactions to buy cryptocurrency, which "appeared to be precipitated by communication with an unidentified co-conspirator on the electronic messaging app 'WhatsApp,'" prosecutors wrote in a court filing. "To date, the true identity of the co-conspirator, or conspirators, remain unknown," the filing notes. Hanes initially used personal funds to buy crypto, but in early 2023 he stole $40,000 from Elkhart Church of Christ and $10,000 from the Santa Fe Investment Club, according to prosecutors and a defense filing. He also used $60,000 taken from a daughter's college fund, and nearly $1 million in stock from the Elkhart Financial Corporation, his lawyer said in a filing. In May 2023, he began to make wire transfers from Heartland Tri-State Bank to accounts controlled by scammers, at first with a $5,000 transfer. Two weeks later, on May 30, Hanes wired $1.5 million and a day after that, he sent another transfer of the same amount the following day, filings show. Three days later he directed two wire transfers totaling $6.7 million to be sent by the bank to the crypto wallet, and a whopping $10 million less than two weeks later, and another $3.3 million days afterward. Hanes told bank employees to execute the wire transfers, and "made many misrepresentations to various people" to get access to the funds so they could be transferred, prosecutors wrote. Heartland Tri-State employees circumvented the bank's own wire policy and daily limits to approve Hanes' wire transfers, according to a report by the Office of the Inspector General of the Board of Governors of the Federal Reserve System.

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