Fake news is still here, despite efforts by Google, Facebook
Barbara Ortutay And Ryan Nakashima, The Associated Press
Nearly a year after Facebook and Google launched offensives against fake news, they’re still inadvertently promoting it — often at the worst possible times. Online services designed to engross users aren’t so easily retooled to promote greater accuracy, it turns out.
Russian central bank to ban websites offering crypto-currencies
Russia will block access to websites of exchanges that offer crypto-currencies such as Bitcoin, Russian Central Bank First Deputy Governor Sergei Shvetsov said on Tuesday. He called them “dubious”.
SpaceX Has Successful Launch As It Ramps Up Operational Tempo
Andy Pasztor, The Wall Street Journal
Space Exploration Technologies Corp. blasted 10 commercial satellites into orbit Monday, completing the first of a pair of consecutive launches slated from opposite coasts in roughly two days.
Ikea to sell online on third-party sites
Ikea will start experimenting with selling its famous flatpack furniture through online retailers as part of a wider push to become more accessible to shoppers. The Swedish chain – known for its vast edge-of-town outlets – is also testing a smaller city centre store format.
Fake News Isn’t Just for U.S. as China Gets Billions of Claims
It turns out the Chinese have a problem with fake news too. From Facebook’s Alex Stamos to Steve Ballmer, American tech executives have sought in recent days to dispel the notion there’s a swift solution to the proliferation of spurious or insidious information on the internet, a phenomenon critics say wields an outsized and unhealthy influence on public discourse and elections.
Politics in Focus as Spanish Stocks, Dollar Drop: Markets Wrap
Cormac Mullen, Bloomberg
Politics remained the dominant theme in the markets on Tuesday as Spanish stocks declined and the euro rose before a pivotal meeting of Catalan’s regional parliament. The dollar weakened on concerns over U.S. tax reform and sterling rose as U.K. Prime Minister Theresa May won support for her Brexit stance.
Intellectual Property and Antitrust
GM buys Calif. tech-sensor company to help in self-driving car race with Alphabet, Tesla
Anita Balakrishnan, CNBC
General Motors is teaming up with a California tech company in the race to dominate the self-driving car market. GM announced an agreement on Monday to acquire Strobe, and will acqui-hire the start-up’s engineering team to work for Cruise Automation.
Venture capitalists are spending more money on fewer deals
Theodore Schleifer and Rani Molla, Recode
Venture capital spending in 2017 is on track to be the highest in the last decade, while the number of transactions has shrunk to the lowest total in five years. That means deals between venture capitalists and companies are simultaneously getting both huge and hard to land, according to new data from PitchBook-NVCA Venture Monitor.
New bill would end Native American “sovereign immunity” for patents
Joe Mullin, Ars Technica
Allergan’s move to stop its patents from being reviewed by handing them off to a Native American tribe is winning support from few people outside the drug company. Now one lawmaker is seeking to ban it.
Telecom, Wireless and TV
Advertised broadband speeds should actually be realistic, UK tells ISPs
Jon Brodkin, Ars Technica
The United Kingdom’s telecom regulator, Ofcom, wants to strengthen an industry code that lets Internet customers exit contracts without penalty when broadband providers fall short of their advertised speeds. Ofcom’s proposed changes would also improve the accuracy of speed information provided to customers before they sign up for broadband.
Japan’s New Satellite to Help Keep Self-Driving Cars—and North Korea—In Line
Alastair Gale and Chieko Tsuneoka, The Wall Street Journal
With its latest satellite launch, Japan is taking a leap in technology to keep its self-driving cars in their highway lanes, land delivery drones on matchbox-sized targets in the country, and potentially help destroy North Korean missile sites.
Mobile Technology and Social Media
Twitter takes down GOP lawmaker’s campaign ad
Harper Neidig and Jessie Hellmann, The Hill
Twitter took down a campaign ad from Rep. Marsha Blackburn (R-Tenn.) that referenced “baby body parts,” the congresswoman’s campaign said on Monday. The video, which can still be seen in Blackburn’s Twitter feed, was part of her recently-launched bid to succeed Sen. Bob Corker (R-Tenn.), who announced last month that he would not be seeking reelection.
The Us Postal Service Is Building A Self-Driving Mail Truck
Aarian Marshall, WIRED
Neither Snow now rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds—and if the United States Postal Service has its way, the robots won’t stop them, either. Yes, the agency you know best for bringing you junk mail addressed to whomever lived in your apartment before you has caught robofever.
Tesla says report it builds Model 3 by hand is ‘fundamentally wrong’ as shares drop
Tae Kim, CNBC
Tesla shares are falling on a report the company is having problems automating its production line for its new Model 3 vehicles. But the company says the report is “fundamentally wrong and misleading.”
How Russia Harvested American Rage to Reshape U.S. Politics
Nicholas Confessore And Daisuke Wakabayashi, The New York Times
YouTube videos of police beatings on American streets. A widely circulated internet hoax about Muslim men in Michigan collecting welfare for multiple wives.
Older iPhone slowing down? Tests show it’s all in your mind
Dan Ackerman, CNET
It always feels the same. Just when Apple releases a new version of iOS and preps new iPhone models for sale, your older iPhone starts to slow down.
Alphabet Launches U.S. Ad Campaign to Promote Driverless Car Safety
David Shepardson, Reuters
Alphabet Inc’s self-driving car unit Waymo and several groups are launching a campaign aimed at convincing skeptical Americans of what they say is the value and safety of driverless cars, as Congress considers how it will regulate the technology. The company said on Monday that it was teaming up with Mothers Against Drunk Driving, the National Safety Council, and the Federation for Blind Children in a campaign called “Let’s Talk Self-Driving.”
Cybersecurity and Privacy
U.S. governors, hackers, academics team up to secure elections
Jim Finkle, Reuters
Hackers are joining forces with U.S. governors and academics in a new group aimed at preventing the manipulation of voter machines and computer systems to sway the outcome of future U.S. elections, a source familiar with the project said on Monday. The anti-hacking coalition’s members include organizers of last summer’s Def Con hacking conference in Las Vegas, the National Governors Association and the Center for Internet Security, said the source, who asked not to be identified ahead of a formal announcement due to be made on Tuesday.
A Message from the Electronic Payments Coalition:
The evidence is mounting: There are now at least a dozen studies that illustrate the failure of the Durbin amendment. In fact, a recent paper from Federal Reserve economists provides empirical evidence of harm to the consumer. Get the facts from the Electronic Payments Coalition.
Opinions, Editorials and Perspectives
To Fill Tech Jobs, It’s Not Only About Skills, But Confidence
Nancy Hammervik, Morning Consult
America is at risk of falling behind as a global innovation leader. Too many Americans think a tech career is out of reach, and if we do not address this issue, we will miss out on leading the next wave of game-changing technologies, such as artificial intelligence and the Internet of Things.
A Message from the Electronic Payments Coalition:
In a recent paper, Federal Reserve economists confirm what many industry experts have said before: The Durbin amendment harms consumers. There are now at least a dozen studies that illustrate why this failed policy must be repealed. Learn the truth from EPC.
Is It True That Iphones Get Slower Over Time?
Last week, a story went viral that claimed Apple was intentionally slowing down older iPhones to push people to buy its latest models. The claim was based on data which shows Google searches for “iPhone slow” spiking dramatically with the release of each new model.