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Battery Maker SK On Declares 'Emergency' As EV Sales Disappoint

"A leading South Korean producer of electric vehicle batteries has declared itself in crisis," reports the Financial Times, "as its customers struggle with disappointing EV sales in Europe and the US." SK On, the world's fourth-largest EV battery maker behind Chinese giants CATL and BYD and South Korean rival LG Energy Solution, has recorded losses for 10 consecutive quarters since being spun off by its parent company in 2021. Its net debt has increased more than fivefold, from Won2.9tn ($2.1bn) to Won15.6tn over the same period, as western EV sales have fallen far short of its expectations. With losses snowballing, chief executive Lee Seok-hee announced a series of cost-cutting and working practice measures last Monday, describing them as a state of "emergency management". "We have our back against the wall," Lee wrote in a letter to employees. "We should all pull together." [...] Tim Bush, a Seoul-based battery analyst at UBS, said the South Korean battery makers had been "badly let down" by US car manufacturers, which he said had failed to produce EVs sufficiently attractive to mass market consumers to meet their own bullish sales projections. He noted that until as recently as last year, General Motors was forecasting it would sell 1 million EVs in 2025. It sold just 21,930 in the second quarter of this year. Bush tells the Financial Times that "the automakers didn't invest enough in producing high-quality affordable EVs." But he also tells the newspaper that a transition to EVs is still "inevitable". "As long as the wider SK Group continues to see SK On as a trophy asset and gives it the support it needs to weather the present storm, then its long-term future is likely to be assured." Thanks to long-time Slashdot reader schwit1 for sharing the article.

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Largest UK Public Sector Trial of Four-Day Work Week Sees Huge Benefits

"In the largest public sector trial of the four-day week in Britain, fewer refuse collectors quit," reports the Guardian, "and there were faster planning decisions, more rapid benefits processing and quicker call answering, independent research has found." South Cambridgeshire district council's controversial experiment with a shorter working week resulted in improvements in performance in 11 out of 24 areas, little or no change in 11 areas and worsening of performance in two areas, according to analysis of productivity before and during the 15-month trial by academics at the universities of Cambridge and Salford... The multi-year study of the trial involving about 450 desk staff plus refuse collectors found: - Staff turnover fell by 39%, helping save £371,500 in a year, mostly on agency staff costs. - Regular household planning applications were decided about a week and a half earlier. - Approximately 15% more major planning application decisions were completed within the correct timescale, compared with before. - The time taken to process changes to housing benefit and council tax benefit claims fell.... Under the South Cambridgeshire trial, which began in January 2023 and ran to April 2024, staff were expected to carry out 100% of their work in 80% of the time for 100% of the pay. The full trial cut staff turnover by 39% and scores for employees' physical and mental health, motivation and commitment all improved, the study showed. "Coupled with the hundreds of thousands of pounds of taxpayer money that we have saved, improved recruitment and retention and positives around health and wellbeing, this brave and pioneering trial has clearly been a success," said John Williams, the lead council member for resources... Scores of private companies have already adopted the approach, with many finding it helps staff retention. Ryle said the South Cambridgeshire results "prove once and for all that a four-day week with no loss of pay absolutely can succeed in a local government setting". Thanks to long-time Slashdot reader AmiMoJo for sharing the article.

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YouTube Investigators Say MSI Exposed 600K+ Warranty Records Via an Open Server

ewhac (Slashdot reader #5,844) writes: Friday the hardware review site Gamers Nexus filed a YouTube video report alleging some serious claims: that PC component manufacturer MSI left their internal warranty and RMA processing web site accessible to the open Internet, with no authentication. Virtually the entire history of MSI warranty claims going back to at least 2017 were searchable and accessible for the browsing, including customer names, email addresses, phone numbers, and serial numbers of MSI devices. This event follows closely on the heels of a video report just a few days earlier alleging PC component manufacturer Zotac left their warranty/RMA and B2B records server open to indexing by Google. Gamers Nexus posted their reports after informing Zotac and MSI of their open servers and verifying they were no longer accessible. However, the data from MSI's server could have been fully scraped at this point, giving scammers a gold mine of data permitting them to impersonate MSI personnel and defraud customers. Anyone who's filed a warranty or RMA claim with MSI in the past seven years should exercise caution when receiving unsolicited emails or phone calls purporting to be from MSI.

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After Criticism, Signal Agrees to Secure Plain-Text Encryption Keys for Users' Message Databases

"Signal is finally tightening its desktop client's security," reports BleepingComputer — by changing the way it stores plain text encryption keys for the SQLite database where users' messages are stored: When BleepingComputer contacted Signal about the flaw in 2018, we never received a response. Instead, a Signal Support Manager responded to a user's concerns in the Signal forum, stating that the security of its database was never something it claimed to provide. "The database key was never intended to be a secret. At-rest encryption is not something that Signal Desktop is currently trying to provide or has ever claimed to provide," responded the Signal employee... [L]ast week, mobile security researchers Talal Haj Bakry and Tommy Mysk of Mysk Inc warned on X not to use Signal Desktop because of the same security weakness we reported on in 2018... In April, an independent developer, Tom Plant, created a request to merge code that uses Electron's SafeStorage API "...to opportunistically encrypt the key with platform APIs like DPAPI on Windows and Keychain on macOS," Plant explained in the merge request... When used, encryption keys are generated and stored using an operating system's cryptography system and secure key stores. For example, on Macs, the encryption key would be stored in the Keychain, and on Linux, it would use the windows manager's secret store, such as kwallet, kwallet5, kwallet6, and gnome-libsecret... While the solution would provide additional security for all Signal desktop users, the request lay dormant until last week's X drama. Two days ago, a Signal developer finally replied that they implemented support for Electron's safeStorage, which would be available soon in an upcoming Beta version. While the new safeStorage implementation is tested, Signal also included a fallback mechanism that allows the program to decrypt the database using the legacy database decryption key... Signal says that the legacy key will be removed once the new feature is tested. "To be fair to Signal, encrypting local databases without a user-supplied password is a problem for all applications..." the article acknowledges. "However, as a company that prides itself on its security and privacy, it was strange that the organization dismissed the issue and did not attempt to provide a solution..."

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Joe Engle, the Last Living X-15 Pilot, Passed Away July 10 At the Age of 91

clovis (Slashdot reader #4,684) writes: Joe Engle received his astronaut wings in a ceremony on July 15, 1965, for his flight in the hypersonic aircraft, reaching an altitude of 50 miles above the Earth. At 32, he was the youngest man to become an astronaut. Later, he entered the Apollo program and eventually commanded the STS-2 flight of the Space Shuttle. Here is an interview from 2004. I thought it was interesting that they used the F-104 as the chase plane and for training because the flight characteristics were so similar, which says a lot about the F-104. Anyway, the X-15 project was a big deal for us science/geek types back when I was a kid. I wonder if it's something today's generation is even aware of.

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Nasty Spoofing Attack Resurrects Internet Explorer Vulnerability in Windows 10 and 11

Slashdot reader joshuark shared this report from BetaNews: Check Point Research has identified a critical zero-day spoofing attack exploiting Microsoft Internet Explorer on modern Windows 10/11 systems, despite the browser's retirement. Identified as CVE-2024-38112, this vulnerability allows attackers to execute remote code by tricking users into opening malicious Internet Shortcut (.url) files. This attack method has been active for over a year and could potentially impact millions... Attackers use a sophisticated trick to mask the malicious .hta extension, making use of the outdated security of Internet Explorer to compromise systems running updated Windows operating systems. From Check Point Research: Even though IE has been proclaimed "retired and out-of-support," technically speaking, IE is still part of the Windows OS and is "not inherently unsafe, as IE is still serviced for security vulnerabilities, and there should be no known exploitable security vulnerabilities," according to our communications with Microsoft.

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Linksys Routers Found Transmitting Passwords in Cleartext

TechSpot writes: Users of the Linksys Velop Pro 6E and 7 mesh routers should change their passwords and Wi-Fi network names through an external web browser. The two models transmit critical information to outside servers in an insecure manner upon initial installation. New patches have emerged since the issue was discovered, but Linksys hasn't publicly responded to the matter, and it is unclear if the latest firmware leaves sensitive data exposed to interception. The issue was discovered by Testaankoop, the Belgian equivalent of the Consumers' Association. And they warned Linksys back in November, according to the tech news site Stack Diary. (The practice could leave passwords and other information vulnerable to Man-in-the-Middle attacks.) Testaankoop suspects the security issue might stem from third-party software used in the Linksys firmware. However, they emphasize that this does not excuse the vulnerability. Thanks to long-time Slashdot reader schwit1 for sharing the news.

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Admiral Grace Hopper's Landmark Lecture Is Found, But the NSA Won't Release It

MuckRock is a U.S.-based 501(c)(3) non-profit collaborative news site to "request, analyze and share government documents," according to its web site. And long-time Slashdot reader schwit1 shared their report about a lecture by Admiral Grace Hopper: In a vault at the National Security Agency lies a historical treasure: two AMPEX 1-inch open reel tapes containing a landmark lecture by Admiral Grace Hopper, a giant in the field of computer science. Titled 'Future Possibilities: Data, Hardware, Software, and People,' this lecture, recorded on August 19, 1982, at the NSA's Fort Meade headquarters, and stored in the video archives of the National Cryptographic School, offers a rare glimpse into the mind of a pioneer who shaped the very fabric of technology. Yet this invaluable artifact remains inaccessible, trapped in an obsolete format that the NSA will not release, stating that the agency is unable to play it back. "NSA is not required to find or obtain new technology (outdated or current) in order to process a request," states the official response from the agency. But MuckRock adds that on June 25, "responding to a follow-up request, the NSA at least provided an image of the tape labels," leading MuckRock to complain that the NSA "is well-positioned to locate, borrow and use a working VTR machine to access Admiral Hopper's lectures... The NSA, with its history of navigating complex technological landscapes and decrypting matters of national significance, does not typically shy away from a challenge." The challenge of accessing these recordings is not just technical, but touches on broader issues around preserving technological heritage.... It is our shared obligation to safeguard such pivotal elements of our nationâ(TM)s history, ensuring they remain within reach of future generations. While the stewardship of these recordings may extend beyond the NSAâ(TM)s typical purview, they are undeniably a part of Americaâ(TM)s national heritage.

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Apple Watch Is Cleared By the CBP of Infringing On the ECG Patent

Slashdot reader Kirschey writes: The U.S. Customs and Border Protection determined that the redesigned Apple Watch models do not violate AliveCor's electrocardiogram patents, allowing them to be imported. This decision comes before a consolidated hearing at the Federal Circuit Court regarding the same patents. From the decision: We find that Apple Inc. ("Apple") has met its burden to show that certain redesigned wearable devices ("articles at issue") do not infringe one or more of claims 12, 13, and 19-23 of U.S. Patent No. 10,638,941 ("the '941 Patent") and claims 1, 3, 5, 8-10, 12, 15, and 16 of U.S. Patent No. 10,595,731 ("the '731 Patent). Thus, CBP's position is that the articles at issue are not subject to the limited exclusion order that the U.S. International Trade Commission ("Commission" or "ITC") issued in Investigation No. 337-TA-1266 ("the underlying investigation" or "the 1266 investigation"), pursuant to Section 337 of the Tariff Act of 1930, as amended, 19 U.S.C. 1337 ("Section 337").

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Sony Announces It's 'Gradually' Stopping Production of Recordable Blu-Ray Discs

A report from TechSpot: For home videographers and data hoarders who still rely on optical discs for archiving, some bad news just dropped: Sony is winding down production of recordable Blu-ray media... In an interview Sony gave to AV Watch recently, the company admitted it's going to "gradually end development and production" of recordable Blu-rays and other optical disc formats at its Tagajo City plants in Miyagi Prefecture, Japan. Essentially, 25GB BD-REs, 50GB BD-RE DLs, 100GB BD-RE XLs, or 128GB BD-R XLs will soon not be available to consumers. Professional discs for video production and optical archives for data storage are also being discontinued. Sony says it's pulling the plug because the cold storage market never really took off like they hoped, and the overall storage media business has been operating in the red for years... It's not all bad news, though. The commercial Blu-ray discs you buy movies and games on will still be produced, so there's no need to panic about the death of physical media just yet. Share your thoughts and reactions in the comments. (Long-time Slashdot reader storkus wonders if it's possible there are still other companies, possibly Chinese, that are still making the disks?)

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Are Intel's i9-13900k's and -14900k's Crashing at a Higher Rate?

"Intel's problems with unstable 13th-gen and 14th-gen high-end CPUs appear to run deeper than we thought," writes TechRadar, "and a new YouTube video diving into these gremlins will do little to calm any fears that buyers of Raptor Lake Core i9 processors (and its subsequent refresh) have." Level1Techs is the YouTuber in question, who has explored several avenues in an effort to make more sense of the crashing issues with these Intel processors that are affecting some PC gamers and making their lives a misery — more so in some cases than others. Data taken from game developer crash logs — from two different games — clearly indicates a high prevalence of crashes with the mentioned more recent Intel Core i9 chips (13900K and 14900K). In fact, for one particular type of error (decompression, a commonly performed operation in games), there was a total of 1,584 that occurred in the databases Level1Techs sifted through, and an alarming 1,431 of those happened with a 13900K or 14900K. Yes — that's 90% of those decompression errors hitting just two specific CPUs. As for other processors, the third most prevalent was an old Intel Core i7 9750H (Coffee Lake laptop CPU) — which had a grand total of 11 instances. All AMD processors in total had just 4 occurrences of decompression errors in these game databases. "In case you were thinking that AMD chips might be really underrepresented here, hence that very low figure, well, they're not — 30% of the CPUs in the database were from Team Red..." "The YouTuber also brings up another point here: namely that data centers are noticing these issues with Core i9s." More details at Digital Trends... And long-time Slashdot reader UnknowingFool wrote a summary of the video's claims here.

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