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Bitcoin

The IRS Has Seized $1.2 Billion Worth of Cryptocurrency This Fiscal Year (cnbc.com) 76

The U.S. government regularly holds auctions for its stockpile of bitcoin, ethereum, litecoin and other cryptocurrencies it seizes and then holds in crypto wallets. "In fiscal year 2019, we had about $700,000 worth of crypto seizures. In 2020, it was up to $137 million. And so far in 2021, we're at $1.2 billion," said Jarod Koopman, director of the IRS' cybercrime unit. CNBC reports: As cybercrime picks up -- and the haul of digital tokens along with it -- government crypto coffers are expected to swell even further. Interviews with current and former federal agents and prosecutors suggest the U.S. has no plans to step back from its side hustle as a crypto broker. The crypto seizure and sale operation is growing so fast that the government just enlisted the help of the private sector to manage the storage and sales of its hoard of crypto tokens.
[...]
Once a case is closed and the crypto has been exchanged for fiat currency, the feds then divvy the spoils. The proceeds of the sale are typically deposited into one of two funds: The Treasury Forfeiture Fund or the Department of Justice Assets Forfeiture Fund. "The underlying investigative agency determines which fund the money goes to," said [Sharon Cohen Levin, who worked on the first Silk Road prosecution and spent 20 years as chief of the money laundering and asset forfeiture unit in the U.S. Attorney's Office for the Southern District of New York]. Koopman said the crypto traced and seized by his team accounts for roughly 60% to 70% of the Treasury Forfeiture Fund, making it the largest individual contributor.

Once placed into one of these two funds, the liquidated crypto can then be put toward a variety of line items. Congress, for example, can rescind the money and put that cash toward funding projects. "Agencies can put in requests to gain access to some of that money for funding of operations," said Koopman. "We're able to put in a request and say, "We're looking for additional licenses or additional gear,' and then that's reviewed by the Executive Office of Treasury." Some years, Koopman's team receives varying amounts based on the initiatives proposed. Other years, they get nothing because Congress will choose to rescind all the money out of the account.

Microsoft

Microsoft Exchange Used To Hack Diplomats Before 2021 Breach (bloomberg.com) 5

An anonymous reader shares a report: Late last year, researchers at the Los Angeles-based cybersecurity company Resecurity stumbled across a massive trove of stolen data while investigating the hack of an Italian retailer. Squirreled away on a cloud storage platform were five gigabytes of data that had been stolen during the previous three and half years from foreign ministries and energy companies by hacking their on-premises Microsoft Exchange servers. In all, Resecurity researchers found documents and emails from six foreign ministries and eight energy companies in the Middle East, Asia and Eastern Europe.

The attacks, which haven't been previously reported, served as a prequel to a remarkably similar, widely publicized hack of Microsoft Exchange servers from January to March of this year, according to Resecurity. A person familiar with the investigation into the 2021 attack, who wasn't authorized to speak publicly and requested anonymity, made a similar allegation, saying the data theft discovered by Resecurity followed the same methods. The 2021 hack was extraordinary for its scope, infecting as many as 60,000 global victims with malware. Microsoft quickly pinned the 2021 cyberattack on a group of Chinese state-sponsored hackers it named Hafnium, and the U.S., U.K., and their allies made a similar claim last month, attributing it to hackers affiliated with the Chinese government. Resecurity can't say for sure the attacks were perpetrated by the same group. Even so, the cache of documents contained information that would have been of interest to the Chinese government, according to Gene Yoo, Resecurity's chief executive officer. The person familiar said the victims selected by the hackers and type of intelligence gathered by attackers also pointed to a Chinese operation.

Microsoft

Microsoft Pauses Free Windows 365 Cloud PC Trials After 'Significant Demand' (theverge.com) 79

Microsoft launched its new cloud PC Windows 365 service earlier this week, and the company has already had to pause free trials due to demand. From a report: Windows 365 lets you rent a cloud PC -- with a variety of CPU, RAM, and storage options -- and then stream Windows 10 or Windows 11 via a web browser. The service reached max capacity after only a day of signups. "Following significant demand, we have reached capacity for Windows 365 trials," reads a statement from the Microsoft 365 Twitter account. "We have seen unbelievable response to Windows 365 and need to pause our free trial program while we provision additional capacity," explains Scott Manchester, director of Windows 365 program management.
Windows

Microsoft's Windows 365 Cloud PC Service Will Range From $20 To $162 Per User Per Month (zdnet.com) 102

When Microsoft unveiled its Windows 365 Cloud PC desktop-as-a-service product last month, officials said they'd release pricing on the day the service became generally available, August 2. As promised, the company has published pricing, and it ranges from $20 per user per month for the lowest end SKU, to $162 per user per month for the most expensive one. From a report: Windows 365 is available in two editions: Windows 365 Business and Windows 365 Enterprise. The Windows 365 Business SKUs are capped at 300 users per organization. The $20 per user per month Business price is for a single virtual core, 2 GB of RAM and 64 GB of storage -- and requires the Windows Hybrid Benefit. (Hybrid Benefits are Microsoft's Bring-Your-Own license model, which allows customers to apply existing (or new) licenses toward the cost of a product.) Without the Hybrid Benefit discount, that same SKU is $24 per user per month.

At the high end, the Business SKU with eight virtual cores, 32 GB of RAM and 512 GB of storage costs $162 per user per month --- or $158 per user per month with the Windows Hybrid Benefit. The Enterprise SKUs for Windows 365 are priced similarly. A single virtual core, 2 GB of RAM and 64 GV of storage will go for $20 per user per month. At the high end, the 8 virtual core, 32 GB of RAM, 512 GB of storage SKU will go for $158 per user per month.

China

China Orders 25 Tech Giants To Fix Raft of Problems (bloomberg.com) 15

China ordered more than two dozen technology firms to carry out internal inspections as part of a campaign to root out illegal online activity. From a report: The Ministry of Industry Information Technology on Friday told 25 of its largest internet and hardware companies including Alibaba Group Holding and Tencent Holdings to carry out internal reviews and rectify issues ranging from data security to consumer rights protections. The twin giants and 10 other firms were also asked separately on Wednesday to step up data security protections, including the export of key information, by the Internet Society of China, which was acting on behalf of MIIT.

The meetings this week come after the internet industry regulator announced on Monday it was beginning a six-month campaign to crackdown on illegal online activity. Days later, it told Tencent and 13 other corporations to address problems related to pop-ups within their ads. The crackdown is the latest move by Beijing to rein in the country's internet leaders in areas from antitrust to data security and ride-hailing. Meituan, Xiaomi and ByteDance were among firms summoned to both meetings. On Friday, the MIIT ordered the companies to address eight types of problematic behavior including pop-ups, data collection and storage as well as the blocking of external links.

Power

Tesla Battery Supplier CATL Debuts Cheaper Sodium-Ion Batteries (bloomberg.com) 78

An anonymous reader quotes a report from Bloomberg: Contemporary Amperex Technology Co. unveiled a sodium-ion battery Thursday, a type of lower-density cell that uses cheaper raw materials than batteries made from lithium-ion metals. As well as a first generation of sodium batteries, the Ningde, Fujian-based company also launched a battery-pack solution that can integrate sodium-ion cells and lithium-ion cells into one case, compensating for the energy-density shortage of the former while preserving its advantages.

"Sodium-ion batteries have unique advantages in low-temperature performance, fast charging and environmental adaptability," CATL Chairman Zeng Yuqun said. "Moreover, they're compatible and complementary with lithium-ion batteries. Diversified technical routes are an important guarantee for the long-term development of the industry." While China's CATL is the world's biggest battery maker, supplying Telsa and selling 34.1 gigawatt hours in the first half, up 234% year-on-year for a market share of 30%, like other manufacturers it has been hit by rising raw materials costs. The price of lithium carbonate, a core ingredient in most electric vehicle batteries, has doubled this year while the price of nickel, another key metal, is at a five-month high.

Outside of their lower raw materials costs -- there are abundant sodium resources in the Earth's crust -- sodium-ion batteries have a few advantages. A long charging time won't cause battery damage and their chemical reaction is free of corrosivity. But their lower energy density tends to exclude them from powering passenger vehicles that require decent range, so they're mainly used for low-speed electric vehicles and low-end energy storage solutions. Notwithstanding, CATL said that through breakthroughs in R&D, its first-generation sodium-ion batteries have reached 160 watt-hours/kilogram, a measure of energy density of energy, and should exceed 200 Wh/kg in coming generations.

China

China Targets Mobile Pop-Ups in Latest Tech Crackdown (bloomberg.com) 8

China ordered Tencent Holdings and 13 other developers to rectify problems related to pop-ups within their apps, adding to a wide-ranging crackdown on the country's tech sector. From a report: The companies must address the "harassing" pop-up windows, which could contain misleading information or divert users away from the apps, the Ministry of Industry and Information Technology said in a statement on Wednesday. The 14 services, including an e-books app by Tencent's QQ and a video platform by Le.com, will have to fix the problems by Aug. 3. "Failure to abide by regulations" will not be tolerated and will be "penalized" accordingly, said the ministry.

Pop-ups, often used for advertising, are just the latest targets in a series of government crackdowns that have ranged from antitrust to data security, as Beijing seeks to rein in the tech giants' influence over most of everyday life. The crackdown has stepped into high gear in recent days after regulators announced their toughest-ever curbs on the online education sector and issued edicts governing food delivery, fueling a rout in Chinese tech stocks. The statement by MIIT comes days after the regulator announced a six-month crackdown on illegal online activities. The ministry on Monday said it will take steps to root out violations involving pop-ups, data collection and storage as well as the blocking of external links. Other regulators including the Cyberspace Administration of China have also pledged to tighten restrictions on misleading and explicit content used for marketing purposes. The watchdog said such material will be subject to harsher oversight, issuing fines against companies like Tencent, Kuaishou Technology and Alibaba Group Holding Ltd. for offensive content.

Facebook

Facebook Pauses Sales of the Oculus Quest 2 Due To Face Irritation Concerns (cnet.com) 34

Facebook said on Tuesday that it is temporarily halting sales of the Oculus Quest 2, a month before a planned update to a new entry-level model with more onboard storage. The move comes after several reported cases of skin reactions to the headset's included foam faceplate, the social media giant confirmed. From a report: According to a Facebook post on the issue from earlier this year, the company says a small percent of Quest 2 owners have reported the issue. But some cases reported online have sometimes been bad enough to cause faces to puff up and eyes to close. Facebook changed the manufacturing process of its foam face interfaces earlier this year, but the concerns still prompted Facebook to stopped selling the Quest 2 in coordination with the US Product Safety Commission.

Facebook's adding silicone face-mask covers in future versions of the Quest 2, which will fit over the foam. Existing customers can contact Facebook for the replacement cover as well. This is happening a month before Facebook is updating the Quest 2 with more storage: a new version of the $299 Quest that goes on sale Aug. 24 will have 128GB of storage instead of 64GB. Quest 2 models will include the silicone face-cover in the box from that point onward. It's awkward timing for the move, but also looks like a chance for Facebook to replace Quest 2 stock with models that have the silicone covers.

China

Tencent's WeChat Suspends New User Registration for Security Compliance (reuters.com) 15

Tencent's WeChat has temporarily suspended registration of new users in mainland China as it undergoes a technical upgrade "to align with relevant laws and regulations," China's dominant instant messaging platform said on Tuesday. From a report: "We are currently upgrading our security technology to align with all relevant laws and regulations," the company said in a statement to Reuters. "During this time, registration of new Weixin personal and official accounts has been temporarily suspended. Registration services will be restored after the upgrade is complete, which is expected in early August," it added. Weixin is the Chinese name for WeChat. [...] China is in the process of tightening policies towards privacy and data security. It is readying a Personal Information Protection Law, which calls for tech platforms to impose stricter measures to ensure secure storage of user data.
Earth

Two US Companies Propose Thousands of Miles of Pipelines - for Capturing Carbon (apnews.com) 85

"Two companies seeking to build thousands of miles of pipeline across the Midwest are promising the effort will aid rather than hinder the fight against climate change," reports the Associated Press, "though some environmental groups remain skeptical.

"The pipelines would stretch from North Dakota to Illinois, potentially transforming the Corn Belt into one of the world's largest corridors for a technology called carbon capture and storage." Environmental activists and landowners have hindered other proposed pipelines in the region that pump oil, carrying carbon that was buried in the earth to engines or plants where it is burned and emitted. The new projects would essentially do the opposite by capturing carbon dioxide at ethanol refineries and transporting it to sites where it could be buried thousands of feet underground.

Both companies planning the pipelines appear eager to tout their environmental benefits. Their websites feature clear blue skies and images of green fields and describe how the projects could have the same climatic impact as removing millions of cars from the road every year. However, some conservationists and landowners are already wary of the pipelines' environmental benefits and safety, raising the chances of another pitched battle as the projects seek construction permits...

Supporters say the pipelines are a much-needed win for both agricultural businesses and the environment. The two projects are expected to run into the billions of dollars, spurring construction jobs. And they advance a technology crucial to achieving a 2050 goal of net-zero carbon dioxide emissions — in which every gram of emissions is accounted for by providing a way to eventually suck it back out of the atmosphere. "All sides win. You significantly reduce carbon emissions, but you can also maintain those industries that are the lifeblood of different regions of the country," said Brad Crabtree, who oversees carbon management policy at the Great Plains Institute, a Minnesota-based organization that works with energy companies to develop environmental sustainability.

Ethanol production creates "a steady, easily-captured stream of carbon dioxide," the article points out — and the long pipelines would transport it off to porous rock formations "where it eventually dissolves or hardens into minerals."
Open Source

Repairable, Modular Framework Laptop Begins Shipping (cnet.com) 112

"Are you old enough to remember when laptops had removable batteries?" asks CNET. "Frustrated by mainstream laptops with memory soldered to the motherboard and therefore not upgradable?"

"The 13.5-inch Framework Laptop taps into that nostalgia, addressing one of the biggest drawbacks in modern laptops as part of the right-to-repair movement. It was designed from the ground up to be as customizable, upgradable and repairable as technologically possible... and boy does it deliver." It features four expansion card slots, slide-in modules that snap into USB-C connectors, socketed storage and RAM, a replaceable mainboard module with fixed CPU and fan, battery, screen, keyboard and more. It's a design that makes the parts easy to access, all while delivering solid performance at competitive prices and without sacrificing aesthetics.

The laptop's in preorder now for the U.S. and Canada, slated to ship in small batches depending upon the configuration. Core i7-based systems are expected to go out in August, while Core i5 systems won't be available until September. Prices for the Framework Laptop start at $999 for the prefab Core i5-1135G7 model with 8GB RAM and 256GB SSD, $1,399 for the Core i7-1165G7 Performance model with 16GB RAM and 512GB storage or a vPro Core i7-1185G7 Professional model with 32GB RAM and 1TB storage. Framework expects to expand into new regions by the end of the year; $999 converts to roughly £730 or AU$1,360... The DIY model adds Linux to the list of operating systems you can install, and doesn't restrict Windows Pro to the vPro model...

With the Framework, in addition to the ports you can swap out the mainboard, touchpad, keyboard, speakers, battery... anything you can think of. Don't feel like doing it yourself? Framework is publishing all the information necessary for a repair shop or IT department to not just swap parts, but to perform repairs... Nothing is buried under other parts, so everything's easy to get to. Each Framework part has a QR code and short URL to take you to all the info you'll need about it and the labels on the standard parts (memory and SSD) are easy to read.

Or, as Engadget puts it, the laptop is "designed, from the get-go, to be modular and repairable by every one of its users." Created by Nirav Patel, formerly of Oculus, the machine aims to demonstrate that there is a better, more sustainable way of doing things. It shouldn't be that, if your tech fails, you either have to buy a new model, or let the manufacturer's in-house repair teams charge $700 for a job that should've cost $50 . After all, if we're going to survive climate change, we need to treat our tech more sustainably and keep as much as possible out of the landfill...

The Framework laptop is equipped with a 1080p, 60fps webcam with an 80-degree field of view, and it's one of the best built-in webcams I've seen.

PCWorld calls it "the ultimate Right to Repair laptop."
Google

Google is Finally Doing Something About Google Drive Spam (arstechnica.com) 15

You can now block people in Google Drive. From a report: A notification pops up on your phone: "Click here for hot XXX action!" It's Google Drive again. Someone shared a document containing that title, and now your phone is begging you to look at it. Even if you ban Google Drive from generating phone notifications, you'll still get emails. If you block the emails, you'll have to see the spam when you click on the "shared" section of Google Drive. The problem is that Drive document sharing was built with no spam-management tools. Anyone who gets a hold of your email is considered to be an important sharer of valid documents, and there has been nothing you can do about it -- until now.

Google officially acknowledged the problem back in 2019, and the company said it was making spam controls "a priority." Now, more than two years later, Google is finally rolling out the most basic of spam tools to Google Drive sharing -- you can block individual email addresses! The company announced this feature in May, but the tool is rolling out to users over the next 15 days. Soon, once the spam arrives in your Google Drive, you'll be able to click the menu button next to the item and choose "block user." Drive sharing works just like email spam. Anyone can share a drive file with you if they know your address. Documents that have been shared with you still automatically show up in your Drive collection without your consent. There's no way to turn off sharing, to limit sharing to approved users, or to limit it to existing contacts. It's a free-for-all.

Power

Startup Claims Breakthrough in Long-Duration Batteries (wsj.com) 103

A four-year-old startup says it has built an inexpensive battery that can discharge power for days using one of the most common elements on Earth: iron. From a report: Form Energy's batteries are far too heavy for electric cars. But it says they will be capable of solving one of the most elusive problems facing renewable energy: cheaply storing large amounts of electricity to power grids when the sun isn't shining and wind isn't blowing. The work of the Somerville, Mass., company has long been shrouded in secrecy and nondisclosure agreements. It recently shared its progress with The Wall Street Journal, saying it wants to make regulators and utilities aware that if all continues to go according to plan, its iron-air batteries will be capable of affordable, long-duration power storage by 2025.

Its backers include Breakthrough Energy Ventures, a climate investment fund whose investors include Microsoft co-founder Bill Gates and Amazon founder Jeff Bezos. Form recently initiated a $200 million funding round, led by a strategic investment from steelmaking giant ArcelorMittal one of the world's leading iron-ore producers. Form is preparing to soon be in production of the "kind of battery you need to fully retire thermal assets like coal and natural gas" power plants, said the company's chief executive, Mateo Jaramillo, who developed Tesla's Powerwall battery and worked on some of its earliest automotive powertrains. On a recent tour of Form's windowless laboratory, Mr. Jaramillo gestured to barrels filled with low-cost iron pellets as its key advantage in the rapidly evolving battery space. Its prototype battery, nicknamed Big Jim, is filled with 18,000 pebble-size gray pieces of iron, an abundant, nontoxic and nonflammable mineral.

For a lithium-ion battery cell, the workhorse of electric vehicles and today's grid-scale batteries, the nickel, cobalt, lithium and manganese minerals used currently cost between $50 and $80 per kilowatt-hour of storage, according to analysts. Using iron, Form believes it will spend less than $6 per kilowatt-hour of storage on materials for each cell. Packaging the cells together into a full battery system will raise the price to less than $20 per kilowatt-hour, a level at which academics have said renewables plus storage could fully replace traditional fossil-fuel-burning power plants. A battery capable of cheaply discharging power for days has been a holy grail in the energy industry, due to the problem that it solves and the potential market it creates.

Australia

Australia's Giant Carbon Capture Project Fails To Meet Key Targets (smh.com.au) 89

The world's largest carbon capture and storage project has failed to meet a crucial target of capturing and burying an average of 80% of the carbon dioxide produced from gas wells in Western Australia over five years. From a report: The energy giant Chevron agreed to the target with the West Australian government when developing its $54 billion Gorgon project to extract and export gas from fields off the WA coast. The five year milestone passed on Sunday. In a statement the energy giant Chevron announced that since operations began in August 2019 it had injected five million tonnes of greenhouse gases underground. According to the independent analyst Peter Milne, that leaves a shortfall of around 4.6 million tonnes, which he estimates would cost about $100 million to offset via carbon credits.

The project has national and even international significance, with the oil and gas industry and the federal government declaring the success of carbon capture and storage to be crucial in tackling climate change while making use of fossil fuels. "It is essential we position Australia to succeed by investing now in the technologies that will support our industries into the future, with lower emissions energy that can support Australian jobs," Prime Minister Scott Morrison said in April while announcing $263.7 million in funding to develop carbon capture and storage technology.

Cellphones

Right-wing Activist's $500 'Freedom Phone' Actually Cheap Rebranded Android Model Made in China (gizmodo.com) 226

"This week, a 22-year-old self-described Bitcoin millionaire introduced the Freedom Phone, a $499 device meant to be completely free from 'Big Tech's' censorship and influence," reports PC Magazine.

"But it turns out the same smartphone is actually from China, and probably just a cheap knock-off." The Freedom Phone comes from Erik Finman, who unveiled the device earlier this week. He claims the product has everything Trump supporters could dream of, including an "uncensorable" app store, preinstalled conservative-friendly apps including Parler and Rumble, and even its own anti-surveillance operating system called FreedomOS... However, The Daily Beast noticed the Freedom Phone looks strikingly similar to a budget smartphone device from a Chinese vendor called Umidigi. The device is called the Umidigi A9 pro, and you can actually buy it over on the Chinese e-commerce site AliExpress starting at $119. Finman later told The Daily Beast that the Freedom Phone was indeed sourced from Umidigi, a company that's based in Shenzhen, China...

An uncensorable app store opens the door for hackers and shady developers to circulate malware and data-collecting programs to users. We're also doubtful Freedom Phone has its own operating system if it can run apps such as Parler and Rumble, in addition to Signal, Telegram and Brave

The Daily Beast adds this anecdote: The Freedom Phone's "Freedom OS" operating system is based on Google's Android operating system, according to Finman. But during a livestream video promoting the phone, right-wing activist Anna Khait was confused by her fans' basic questions about the phone. "Is it an Android?" Khait said. "I'm not really sure. No, it's a Freedom Phone."
Gizmodo calls the phone's web site "radically vague on the details." There is no information about the phone's operating system, storage, camera, CPU, or RAM capabilities. It has a list of features, but there are no actual details about them. Instead, under each feature, there's merely a "Buy it now" button which redirects you to the site's shopping cart. The phone's hefty price, combined with the company's total lack of transparency, is ridiculous — essentially asking the buyer to cough up half a grand in exchange for, uh, something...!
But Gizmodo also shares a philosophical thought: Before we get into the specifics of why this device probably sucks, let me just say that the desire to have a phone that is dedicated to protecting your autonomy and privacy is a reasonable one — and should be encouraged. That said, I don't think the Freedom Phone provides that. Actually, aside from its overt partisan bent, it's impossible to tell what kind of device this is because Finman and his acolytes haven't provided any information about it...

The funny thing is, if Trump voters are looking for a way to get off the "Big Tech" grid, there's no need for them to buy this sketchy shit. There are actually entire subcultures within the phone industry dedicated to escaping the Android/iOS paradigm. You can wade into the de-Googled phone sector, for instance — where Android phones are sold that have ostensibly been refurbished to rid the devices of code that will "send your personal data" back to the tech giant. There's also the Linux-based Pinephone, which sells at a fraction of the Freedom Phone's cost (between $150 and $200), and is a favorite of those in the privacy community. All of these come with caveats, obviously, but the point is that there are much more transparent and affordable options than the Freedom Phone...

It'd be nice if Americans could actually come together around the issue of privacy since it's an area where — regardless of political party — we're all collectively getting screwed.

Games

Valve Launches Steam Deck, a $400 PC Gaming Portable (techcrunch.com) 110

A new challenger has emerged in the gaming hardware category. Game distribution giant Valve today announced the launch of Steam Deck, a $399 gaming portable designed to take PC games on the go. From a report: The handheld (which has echoes of several portable gaming rigs of years past) features a seven-inch screen and runs on a quad-core Zen 2 CPU, coupled with AMD RDNA 2 graphics and 16GB of RAM. Storage runs 64GB to 512GB, the latter of which bumps the price up to $649. The built-in storage can be augmented via microSD.

[...] Flanking the 1280 x 800 touchscreen are a pair of trackpads and thumb sticks. A built-in gyroscope also uses movement to control the gaming experience. There's a single USB-C port for charging, peripherals and connecting to a big screen, while a 40Wh battery promises between 7-8 hours of gameplay, by Valve's numbers.

The Almighty Buck

India Bans Mastercard From Adding New Customers (techcrunch.com) 25

Reserve Bank of India has indefinitely barred Mastercard from issuing new debit, credit or prepaid cards to customers in the South Asian market over noncompliance with local data storage rules. TechCrunch reports: The South Asian market's central bank said the new restrictions will go into effect on July 22. "Notwithstanding lapse of considerable time and adequate opportunities being given, the entity has been found to be noncompliant with the directions on Storage of Payment System Data," RBI said in a statement Wednesday. The new order won't impact existing customers of Mastercard, which is one of the top three card issuers in India, RBI said. "Mastercard shall advise all card-issuing banks and non-banks to conform to these directions," it said. This isn't the first time India's central bank has penalized a firm for noncompliance with local data-storage rules, which were unveiled in 2018 and mandated compliance within six months. The rules require payments firms to store all Indian transaction data within servers in the country. In April, RBI restricted American Express and Diners Club from adding new customers, citing violation of the same rules.
Data Storage

Backblaze Raises Subscription Pricing of Personal Backup (backblaze.com) 73

Backblaze CEO Gleb Budman, writing on the company blog: Over the last 14 years, we have worked diligently to keep our costs low and pass our savings on to customers. We've invested in deduplication, compression, and other technologies to continually optimize our storage platform and drive our costs down -- savings which we pass on to our customers in the form of storing more data for the same price.

However, the average backup size stored by Computer Backup customers has spiked 15% over just the last two years. Additionally, not only have component prices not fallen at traditional rates, but recently electronic components that we rely on to provide our services have actually increased in price.

The combination of these two trends, along with our desire to continue investing in providing a great service, is driving the need to modestly increase our prices.
The new monthly plan now costs $7, while the yearly plan will set you back by $70.
Piracy

Stream-Ripping Can Be Perfectly Legal, French Ministry of Culture Says (torrentfreak.com) 28

An anonymous reader quotes a report from TorrentFreak: Downloading music via stream-ripping tools can be perfectly legal, the French Ministry of Culture has confirmed. The resulting copies fall under the private copying exemption. However, this only applies if the stream-ripping service doesn't circumvent technical protection measures, which is a widely contested issue. [...] Copyright holders are convinced that stream-ripping sites break the law but, in most countries, legal uncertainties remain. In the US, for example, popular stream-ripper Yout.com has sued the RIAA in an effort to have its site declared legal. This case, which remains ongoing, could set an important precedent.

In France, the Ministry of Culture was recently questioned on the stream-ripping issue. Philippe Latombe, a member of the MoDem party, asked the Government whether copies downloaded through these services are considered illegal. The question was part of a broader inquiry into the private copying rules and regulations. These allow people to copy music and movies in exchange for a tax that's paid on storage media and devices including blank CDs, hard disks, and smartphones. Responding to the question, the Ministry of Culture confirmed that, under the right conditions, it's perfectly legal to use stream-ripping services to download music and other media. "[Stream-ripping] is legal and the resulting copy falls under the exception for private copying as provided by law, if several conditions are met: it must be made from a lawful source at the request of the user, without being stored by the converter, and no circumvention of technical protection measures must be carried out." If these three boxes are ticked, stream-ripping is in the same league as ripping or copying an old-fashioned CD or DVD.

The big question, however, is in what situation all these conditions would apply? With regard to YouTube ripping, the "source" could be considered legal, as artists and labels often upload the videos themselves. The second box is also ticked by many stream-rippers as they don't permanently store music. The operator of the stream-rippers FLVto and 2Conv recently said that his site doesn't even store basic logs as that would involve significant costs. This brings us to the third and final condition; whether the stream-ripper circumvents technical protection measures. This is a crucial question and the answer largely depends on who you ask.

Power

Which Energy Future: Power Lines or Rooftop Solar Panels (and Storage Batteries)? (nytimes.com) 271

The New York Times reports on "an intense policy struggle" in America's national and state governments:

-On one side, large electric utilities and President Biden want to build thousands of miles of power lines to move electricity created by distant wind turbines and solar farms to cities and suburbs.

- On the other, some environmental organizations and community groups are pushing for greater investment in rooftop solar panels, batteries and local wind turbines.


And the result "could lock in an energy system that lasts for decades." At issue is how quickly the country can move to cleaner energy and how much electricity rates will increase... The option supported by Mr. Biden and some large energy companies would replace coal and natural gas power plants with large wind and solar farms hundreds of miles from cities, requiring lots of new power lines. Such integration would strengthen the control that the utility industry and Wall Street have over the grid. "You've got to have a big national plan to make sure the power gets from where it is generated to where the need is," Energy Secretary Jennifer Granholm said in an interview.

But many of Mr. Biden's liberal allies argue that solar panels, batteries and other local energy sources should be emphasized because they would be more resilient and could be built more quickly... In all probability, there will be a mix of solutions that include more transmission lines and rooftop solar panels. What combination emerges will depend on deals made in Congress but also skirmishes playing out across the country...

As millions of California homes went dark during a heat wave last summer, help came from an unusual source: batteries installed at homes, businesses and municipal buildings. Those batteries kicked in up to 6 percent of the state grid's power supply during the crisis, helping to make up for idled natural gas and nuclear power plants. Rooftop solar panels generated an additional 4 percent of the state's electricity... California showed that homes and businesses don't have to be passive consumers. They can become mini power plants, potentially earning as much from supplying energy as they pay for electricity they draw from the grid. Home and business batteries, which can be as small as a large television and as big as a computer server room, are charged from the grid or rooftop solar panels...

Regulators generally allow utilities to charge customers the cost of investments plus a profit margin, typically about 10.5 percent, giving companies an incentive to build power plants and lines... A 2019 report by the National Renewable Energy Laboratory, a research arm of the Energy Department, found that greater use of rooftop solar can reduce the need for new transmission lines, displace expensive power plants and save the energy that is lost when electricity is moved long distances. The study also found that rooftop systems can put pressure on utilities to improve or expand neighborhood wires and equipment.

The director of a Chicago-based environmental nonprofit tells the Times that "Solar energy plus storage is as transformative to the electric sector as wireless services were to the telecommunications sector."

In a weird twist, fossil fuel companies are now joining forces with local groups (including environmental groups) to fight the construction of new power lines.

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