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Life tastes not so good right now

Coca-Cola confirmed it's probing a possible network intrusion after the Stormous cybercrime gang claimed it stole 161GB of data from the beverage giant.…

Chess.com, writes in a blog post: Yesterday, Chess.com was banned by the Russian government agency Roscomnadzor, the "Federal Service for Supervision of Communications, Information Technology and Mass Media." Roscomnadzor is responsible for censorship within Russia, a busy occupation these days. Since the start of Russia's war against Ukraine on February 24th, Roscomnadzor has banned hundreds of sites including Facebook, Twitter, Instagram, Google News, BBC News, NPR, and Amnesty International. According to Roscomnadzor, their goal is to block two webpages: "On The Invasion of Ukraine" which outlines our policy and actions regarding the war on Ukraine and addresses FAQ and "Ukrainian Chess Players In Times Of War" which is a piece interviewing Ukrainian chess players on their circumstances and views during the early days of the war. Since Chess.com uses secure https webpages, Roscomnadzor is unable to ban these single pages and has banned the entire Chess.com site. Our members report that Chess.com's apps are unaffected. We happily encourage our Russian members to continue accessing our site using our apps or any of the many outstanding VPN services that are so essential in Russia.

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d-ream team or a d-isaster? Let's see what Microsoft's money can do

Another day, another US chip startup raising tens of millions of dollars.…

UnknowingFool writes: In 2020, Paragon Software announced they wanted to upstream their previously proprietary NTFS driver into Linux. After a year of review, the NTFS3 driver was added to the Linux 5.15 kernel. While Paragon pledged to maintain their driver, there have been no major updates to the driver despite a growing list of patches that have submitted. Developer Kari Argillander has raised his concerns on the mailing list that the driver is orphaned, and that the Paragon maintainer has not responded to any messages about fixes. An offer to co-maintain the driver has also been met with "radio silence".

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Computers using light rather than electric currents for processing, only years ago seen as research projects, are gaining traction and startups that have solved the engineering challenge of using photons in chips are getting big funding. From a report: In the latest example, Ayar Labs, a startup developing this technology called silicon photonics, said on Tuesday it had raised $130 million from investors including chip giant Nvidia. While the transistor-based silicon chip has increased computing power exponentially over past decades as transistors have reached the width of several atoms, shrinking them further is challenging. Not only is it hard to make something so miniscule, but as they get smaller, signals can bleed between them. So, Moore's law, which said every two years the density of the transistors on a chip would double and bring down costs, is slowing, pushing the industry to seek new solutions to handle increasingly heavy artificial intelligence computing needs. According to data firm PitchBook, last year silicon photonics startups raised over $750 million, doubling from 2020. In 2016 that was about $18 million. The challenge is that many large machine-learning algorithms can use hundreds or thousands of chips for computing, and there is a bottleneck on the speed of data transmission between chips or servers using current electrical methods.

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In a first-of-its-kind move -- and the latest sign that crypto-investing has gone mainstream -- Fidelity Investments announced Tuesday that 401(k) plan participants will soon be able to invest in Bitcoin via their retirement plan. Reader BeerFartMoron writes: The investing option should be available by mid-year, Fidelity, the nation's largest 401(k) plan provider, said in a press release. Employers will need to opt into the change, which may limit which employees actually have access to Bitcoin in their workplace retirement accounts. That could enable millions of people to invest in the digital asset without the need to set up a separate account on a cryptocurrency exchange. There are few details currently available about how exactly the account will work, but Fidelity says employees will be able to invest in Bitcoin via what the company is calling the Digital Assets Account, which will be part of the investor's 401(k). That account will also hold short-term money market investments to provide the liquidity for transactions.

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Thinktank, and former Google CEO Eric Schmidt, call for proper policy development

The USA's policy of decoupling its technology industries from China lacks a strategy, a theory of success, and an understanding of how to achieve its ill-defined goals, according to a new paper by Jon Bateman from the thinktank Carnegie Endowment for International Peace (CEIP).…

Bolt, the payments startup known for its founder's inflammatory Twitter threads claiming Silicon Valley is run by "mob bosses," is being sued by its most prominent customer. From a report: The complaint by Authentic Brands Group alleges that Bolt not only failed to deliver promised technology but that during Bolt's integration with Forever 21, the clothier lost out on more than $150 million in online sales. The complaint also states that Bolt raised funding at increasingly high valuations by "consistently overstating" the nature of its integration with ABG's brands to suggest it had more customers than it did and to convince investors to bankroll additional growth for the startup. Because Bolt's business relies on having a large network of consumers, the allegations create major new uncertainty for the controversial payments startup, which investors most recently valued at $11 billion. In a filing, Bolt responded to the complaint saying that ABG's claims are without merit, and are "a transparent attempt" to renegotiate the terms of the companies' agreements.

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Twice as often as other investments, with Cisco, Morgan Stanley and Microsoft leading the pack

Among US companies with the largest pool of investments, the biggest focus their energy around software, a report finds. …

Crews were first called to the blaze at 5.22am this morning and have been battling the flames all day

Pandemic supply chain and war in Ukraine has potential to disrupt recovery, warns Gartner

The value of semiconductors sold worldwide in 2022 is projected to reach $676 billion, although further revisions by Gartner are a distinct possibility, such is the increased market volatility.…

India has once again called upon Elon Musk to manufacture Tesla cars locally instead of selling China-made electric vehicles in the world's fourth-largest autos market as demand for clean transport surges. From a report: "If Elon Musk is ready to manufacture Tesla in India, then there is no problem," Road Transport Minister Nitin Gadkari said at an event Tuesday. But manufacturing cars in China and selling them in India is not a "good proposition." Discussions between Tesla and the Indian government have come to a standstill over import taxes and a local factory. The U.S. automaker is seeking lower levies in India so it can test the market by selling cheaper imported EVs before committing to a manufacturing base of its own. India will consider Tesla's demand for a reduction in taxes only if it promises to buy $500 million of auto parts from local suppliers and ramp up domestic sourcing by around 10% to 15% each year, people familiar with the matter said in February.

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Ready-to-implement components that make the business easier, firm claims

Red Hat Application Foundations, a set of software services for organizations developing container-based applications across hybrid and multi-cloud environments, is out.…

A new breed of startups wants to formalise cattle trading. The Economist: Livestock fairs, where most animals are still bought and sold, can be expensive and chaotic. Farmers shell out entry fees to register their beasts. They must pay for labourers to load and unload the animals, as well as for transport to and from the fair. They worry about cattle thieves. Making a sales pitch to every prospective customer takes a toll in the heat. And if your cows find no buyers, you must go through the whole rigmarole again, complains Anil Renusay, another cattle farmer in Vajeghar. Then there is fraud, says Satish Birnale, who rears buffaloes in Sangli, a small western city. Some traders inject their animals with steroids. Horns are often polished "as if the cows have just been to a beauty parlour," he says. "It's like searching for a bride in an arranged marriage. We have to be careful and not go just by the looks." Firms like Pashushala and Animall claim to have solved such problems with a system of checks, including a nod from a local veterinarian. Animall requires sellers to upload videos and pictures of their cattle, and provide details not just of breed or age, but also past pregnancies, how much milk they provide and so on. A team calls every user to verify the information. Ads with blurry photos or listings with pictures taken from the internet are swiftly removed. A close-up of the cow's udders is important. So are comments by the farmer about the animal's temperament. In one video a seller croons, "Beautiful! Oh, look at those singhs (horns)". It is not a new pitch. But it is now easier and cheaper to make.

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More attacks and more targeted attacks than ever before. What could have happened to cause that uptick?

Kaspersky has released a report showing Distributed Denial of Service (DDoS) attacks hit an all-time-high in the first quarter of 2022.…

Building works are due to be finished at the beginning of August

Just 10 per cent of food waste is recycled by the average Essex household since 2018

Strap in, we're on a tour from zero trust to chatty digital assistants

If you're developing software or working with anything serverless, you'll know that APIs are what make the clouds float.…

World military spending continued to grow in 2021, reaching an all-time high of $2.1 trillion. This was the seventh consecutive year that spending increased. From a report: "Even amid the economic fallout of the Covid-19 pandemic, world military spending hit record levels," said Dr Diego Lopes da Silva, Senior Researcher with SIPRI's Military Expenditure and Arms Production Programme. "There was a slowdown in the rate of real-terms growth due to inflation. In nominal terms, however, military spending grew by 6.1 per cent." As a result of a sharp economic recovery in 2021, the global military burden -- world military expenditure as a share of world gross domestic product (GDP) -- fell by 0.1 percentage points, from 2.3 per cent in 2020 to 2.2 per cent in 2021. US military spending amounted to $801 billion in 2021, a drop of 1.4 per cent from 2020. The US military burden decreased slightly from 3.7 per cent of GDP in 2020 to 3.5 per cent in 2021. US funding for military research and development rose by 24 per cent between 2012 and 2021, while arms procurement funding fell by 6.4 per cent over the same period. In 2021 spending on both decreased. However, the drop in R&D spending (-1.2 per cent) was smaller than that in arms procurement spending (-5.4 per cent).

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The site has been shut for around two weeks for filming