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U.S. Said to Investigate AT&T and Verizon Over Wireless Collusion Claim

U.S. Said to Investigate AT&T and Verizon Over Wireless Collusion Claim
By CECILIA KANG APRIL 20, 2018
WASHINGTON — The Justice Department has opened an antitrust investigation into potential coordination by AT&T, Verizon and a telecommunications standards organization to hinder consumers from easily switching wireless carriers, according to six people with knowledge of the inquiry.
In February, the Justice Department issued demands to AT&T, Verizon and the G.S.M.A., a mobile industry standards-setting group, for information on potential collusion to thwart a technology known as eSIM, said two of the people, who spoke on the condition of anonymity because the details are confidential.
The technology lets people remotely switch wireless providers without having to insert a new SIM card into a device. AT&T and Verizon face accusations that they colluded with the G.S.M.A. to try to establish standards that would allow them to lock a device to their network even if it had…

Asian push to crack down on 'fake news' sparks alarm

Asian push to crack down on 'fake news' sparks alarm
Critics say anti-fake news laws made by governments with an authoritarian streak are aimed more at stifling dissent
By Sam Reeves AFP • April 19, 2018
Inflammatory stories masquerading as real news pose a particularly toxic threat in Asian countries with long-standing religious and ethnic divides, but promises by some regional leaders to tackle the problem carry equal menace.
Borrowing from US President Donald Trump's political playbook, government heads with an authoritarian streak are using the mantra of "fake news" to shield themselves from negative media coverage, and push legislation that critics say is aimed more at stifling dissent than punishing fabrication.
The problem they profess to be addressing is a genuine one.
Internet penetration is now so extensive -- even in the poorest areas -- that fake stories dressed up as fact can go viral on social media overnight and reach massive audiences with often …

Facebook starts its facial recognition push to Europeans

Facebook starts its facial recognition push to Europeans
By Natasha April 20, 2018
Facebook users in Europe are reporting that the company has started giving them the option to turn on its controversial facial recognition technology.
Jimmy Nsubuga, a journalist at Metro, is among several European Facebook users who have reporting getting notifications asking if they want to turn on face recognition technology.
Facebook has previously said an opt-in option would be pushed out to all European users, and also globally, as part of changes to its T&Cs and consent flow.
In Europe the company is hoping to convince users to voluntarily allow it to deploy the privacy-hostile tech — which was turned off in the bloc after regulatory pressure, back in 2012, when Facebook began using facial recognition to offer features such as automatically tagging users in photo uploads.
But under impending changes to its T&Cs — ostensibly to comply with the EU’s incoming GDPR data protection standard —…

Analysts worry Apple iPhone sales are even worse than they thought

Analysts worry Apple iPhone sales are even worse than they thought
Bank of America Merrill Lynch and J.P. Morgan warn their clients that Apple's iPhone sales may come in below expectations.
Taiwan Semiconductor Manufacturing said Thursday that its revenue guidance range for the second quarter is $7.8 billion to $7.9 billion versus the Wall Street estimate of $8.8 billion. The firm blamed "weak demand" in the mobile sector for its forecast.
"Given TSM's guidance, we could see some additional downside to iPhone units,"
Tae Kim April 19, 2018 Updated
A disappointing forecast from a key Apple chipmaking partner has some Wall Street analysts worried about iPhone sales forecasts.
On Thursday Bank of America Merrill Lynch and J.P. Morgan warned their clients that Apple's iPhone sales may come in below expectations.
Taiwan Semiconductor Manufacturing (TSMC) said Thursday that its revenue guidance range for the second quarter is $7.8 billion to $7.9 billion ve…

Bill Gates backs a $1 billion plan to cover Earth in 'Big Brother' satellites capable of streaming 'live and unfiltered' HD footage of the planet

Bill Gates backs a $1 billion plan to cover Earth in 'Big Brother' satellites capable of streaming 'live and unfiltered' HD footage of the planet·Japanese firm Softbank and aerospace giant Airbus are also backing the project ·500-strong network of spacecraft will monitor Earth with and livestream video ·Applications could including tracking illegal fishing, monitoring the weather and tracking natural migrations globally  By JOE PINKSTONE FOR MAILONLINE PUBLISHED: 12:51 EDT, 19 April 2018 | UPDATED: 15:19 EDT, 19 April 2018
Microsoft's Bill Gates is backing a start-up that will provide 'live and unfiltered' high definition footage of every inch of Earth. The startup, EarthNow, plans to launch 500 satellites to cover Earth's atmosphere in 'Big Brother' real-time video surveillance. As well as Gates, SoftBank CEO Masayoshi Son and aerospace giant Airbus are also backing the project.  The price of the project could run to $1 billion (£700m), although the va…

Jeff Bezos reveals Amazon has 100 million Prime members

Jeff Bezos reveals Amazon has 100 million Prime members in letter to shareholders
Amazon CEO Jeff Bezos has released his latest annual shareholder letter. Bezos has published a shareholder letter every year since 1997. The shareholder letter is considered a must-read by many business professionals.
By Eugene Kim April 18, 2018 Updated CNBC.com
Amazon CEO Jeff Bezos has released his latest annual shareholder letter.
In the letter, Bezos stressed the importance of having high standards in running a business. By setting high standards, companies are able to live up to "ever-rising customer expectations," he said.
"How do you stay ahead of ever-rising customer expectations? There's no single way to do it – it's a combination of many things. But high standards (widely deployed and at all levels of detail) are certainly a big part of it," Bezos wrote in the letter.
Bezos also disclosed for the first time that Prime now exceeds 100 million members worldwide. In 2…

Centuries worth of rare earth elements found in Japan's EEZ

Centuries worth of rare earth elements found in Japan's EEZ
By TAKAHIRO TAKENOUCHI/ Staff Writer April 17, 2018 at 17:45 JST
Massive deposits of rare earth minerals that could meet global demand for centuries have been found in Japan's exclusive economic zone off the Ogasawara island chain 2,000 kilometers southwest of Tokyo, researchers said.
The deposits, estimated at 16 million tons, lie at a depth of 5,700 meters about 250 km south of Minami-Torishima island in the Pacific Ocean.
The discovery was announced by a team that involved Waseda University, the University of Tokyo and the Japan Agency for Marine-Earth Science and technology (JAMSTEC).
Researchers said it was reasonable to expect that technology could be developed in the near future to extract the deposits in viable quantities.
The team discovered traces of seabed deposits with a high concentration of rare earth elements in the area in 2013.
"The finding proves that there is an abundance of rare earth materia…