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Businesses

China Unseats US As Global Investment Leader In Financial Technology: Report (fortune.com) 99

Paul Fernhout writes: China has unseated North America as the global investment leader in financial technology, or "fintech," according to Citigroup's latest report on "digital disruption." The researchers attribute the power shift to the rise of what they term "Chinese dragons," an industry term for the biggest upstarts in Asia. Think of Ant Financial, the payments spinout of Alibaba, as well as Lu.com, JD Finance, and Qufenqi, emerging eastern juggernauts that are generally less familiar to consumers in the west. China accounted for more than half of all fintech investments globally in the first nine months of last year, the report said. Specifically in terms of venture capital, the country more than doubled its worldwide share of the investment category, rising to 46% of the global total versus just 19% the same period in 2015. The U.S., meanwhile, sunk to 41% of the global total from 56% during the same period in 2015, putting it behind China.
Power

Two-Thirds of Americans Give Priority To Developing Alternative Energy Over Fossil Fuels (pewresearch.org) 236

An anonymous reader quotes a report from Pew Research Center: A new Pew Research Center survey finds that 65% of Americans give priority to developing alternative energy sources, compared with 27% who would emphasize expanded production of fossil fuel sources. Support for concentrating on alternative energy is up slightly since December 2014. At that time, 60% said developing alternative energy sources was the more important priority. There continue to be wide political differences on energy priorities. While a 2016 Pew Research Center survey found large majorities of Democrats and Republicans supported expanding both wind and solar energy, the new survey shows that Democrats remain far more likely than Republicans to stress that developing alternative energy should take priority over developing fossil fuel sources. About eight-in-ten (81%) Democrats and independents who lean to the Democratic Party favor developing alternative sources instead of expanding production from fossil fuel sources. Republicans and Republican-leaning independents are closely divided: 45% say the more important priority should be developing alternative sources, while 44% say expanding production of oil, coal and natural gas should be given more priority. There also are differences in public priorities about energy by age. Americans under the age of 50 are especially likely to support alternative energy sources over expanding fossil fuels. About seven-in-ten (73%) of those ages 18 to 49 say developing alternative sources of energy should be the more important priority, while 22% say expanding production of fossil fuels should be the more important priority. Older adults are more divided in their views, though they also give more priority to alternatives. Among those 50 and older, 55% say alternative energy development is more important, while 34% say it's more important to expand production of fossil fuel energy sources.
Technology

Alexa and Google Assistant Have a Problem: People Aren't Sticking With Voice Apps They Try (recode.net) 191

Amazon Echo and Google Home were the breakaway hits of the holiday shopping season. But both devices -- and the voice technologies that power them -- have some major hurdles to overcome if they want to keep both consumers and software developers engaged. From a report on Recode: That's one of the big takeaways from a new report that an industry startup, VoiceLabs, released on Monday. For starters, 69 percent of the 7,000-plus Alexa "Skills" -- voice apps, if you will -- have zero or one customer review, signaling low usage. What's more, when developers for Alexa and its competitor, Google Assistant, do get someone to enable a voice app, there's only a 3 percent chance, on average, that the person will be an active user by week 2, according to the report. (There are outliers that have week 2 retention rates of more than 20 percent.) For comparison's sake, Android and iOS apps have average retention rates of 13 percent and 11 percent, respectively, one week after first use. "There are lots of [voice] apps out there, but they are zombie apps," VoiceLabs co-founder Adam Marchick said in an interview.
Power

New Wyoming Bill Penalizes Utilities Using Renewable Energy (csmonitor.com) 480

An anonymous reader quotes a Christian Science Monitor report on "a bill that would essentially ban large-scale renewable energy" in Wyoming. The new Wyoming bill would forbid utilities from using solar or wind sources for their electricity by 2019, according to Inside Climate News... The bill would require utilities to use "eligible resources" to meet 95 percent of Wyoming's electricity needs in 2018, and all of its electricity needs in 2019. Those "eligible resources" are defined solely as coal, hydroelectric, natural gas, nuclear, oil, and individual net metering... Utility-scale wind and solar farms are not included in the bill's list of "eligible resources," making it illegal for Wyoming utilities to use them in any way if the legislation passes. The bill calls for a fine of $10 per megawatt-hour of electricity from a renewable source to be slapped on Wyoming utilities that provide power from unapproved sources to in-state customers.
The bill also prohibits utilities from raising rates to cover the cost of those penalties, though utilities wouldn't be penalized if they exported that energy to other states. But one local activist described it as 'talking-point' legislation, and even the bill's sponsor gives it only a 50% chance of passing.
Power

Are Squirrels A Bigger Threat To Our Critical Infrastructure? (bbc.com) 148

"The real threat to global critical infrastructure is not enemy states or organizations but squirrels, according to one security expert." Long-time Slashdot reader randomErr quotes the BBC. Cris Thomas has been tracking power cuts caused by animals since 2013... His Cyber Squirrel 1 project was set up to counteract what he called the "ludicrousness of cyber-war claims by people at high levels in government and industry", he told the audience at the Shmoocon security conference in Washington. Squirrels topped the list with 879 "attacks", followed by birds with 434 attacks and then snakes at 83 attacks.
Those three animals -- along with rats -- have caused 1,700 different power cuts affecting nearly 5,000,000 people .
Democrats

Donald Trump Is Sworn In As the 45th US President (reuters.com) 1546

Donald Trump was sworn in as the 45th president of the United States on Friday, succeeding Barack Obama and taking control of a divided country in a transition of power that he has declared will lead to "America First" policies at home and abroad. Reuters reports: As scattered protests erupted elsewhere in Washington, Trump raised his right hand and put his left on a Bible used by Abraham Lincoln and repeated a 35-word oath of office from the U.S. Constitution, with U.S. Chief Justice John Roberts presiding.
Japan

Japan is Testing USB Phone Charging Stations in Public Transport Buses (thenextweb.com) 71

According to Japanese news outlet IT Media, a public transport bus in the Tokyo area has introduced, and is currently testing, USB charging stations for commuter phones and tablets. From a report: While the local Bureau of Transportation hasn't formally announced or confirmed the trials, numerous passengers so far have reported seeing the charging ports. The service runs free of charge, with at least five of these wall-mounted charging hotspots placed inside the bus. According to reports, the service is currently available solely in a single bus. It remains unclear how long testing will continue or whether it will eventually roll out to more buses. Japan isn't the only country to have offered phone charging stations in public transport vehicles. Last September, London also equipped a limited number of busses with USB chargers. Similarly, Singapore ran trials with wall-mounted phone chargers on at least 10 buses in September last year.
Earth

Scottish Government Targets 66% Emissions Cut By 2032 (bbc.com) 69

An anonymous reader quotes a report from BBC: The Scottish government has outlined a new target of reducing greenhouse gas emissions by 66% by 2032. Climate Change Secretary Roseanna Cunningham set out the government's draft climate change plan for the next 15 years at Holyrood. She also targeted a fully-decarbonized electricity sector and 80% of domestic heat coming from low-carbon sources. Ministers committed last year to cut harmful CO2 emissions by 80% by 2050, with a new interim target of 50% by 2020. The previous interim target of 42% was met in 2014 -- six years early. However, the independent Committee on Climate Change said the decrease was largely down to a warmer than average winter reducing the demand for heating. Ms Cunningham said the new targets demonstrated "a new level of ambition" to build a low-carbon economy and a healthier Scotland. Goals to be achieved by 2032 include: Cutting greenhouse emissions by 66%; A fully-decarbonized electricity sector; 80% of domestic heat to come from low-carbon heat technologies; Proportion of ultra-low emission new cars and vans registered in Scotland annually to hit 40%; 250,000 hectares of degraded peatlands restored; Annual woodland creation target increased to at least 15,000 hectares per year. The 172-page document sets a road map for decarbonizing Scotland. The aim -- although not new -- is to reduce greenhouse gas emissions by two thirds by 2032. Among the policies are making half of Scotland's buses low-carbon, full-decarbonizing the electricity sector and making 80% of homes heated by low-carbon technologies.
Republicans

Tech Firm Creates Trump Monitor For Stock Markets (reuters.com) 176

randomErr quotes a report from Reuters: London-based fintech firm Trading.co.uk is launching an app that will generate trading alerts for shares based on Donald Trump social media comments. Keeping one eye on the U.S. President-elect's personal Twitter feed has become a regular pastime for the fund managers and traders. Trump knocked several billion off the value of pharmaceutical stocks a week ago by saying they were "getting away with murder" with their prices. Comments earlier this week on China moved the dollar and a pair of December tweets sent the share prices of Lockheed Martin and Boeing spiraling lower. That plays to the growing group of technology startups that use computing power to process millions of messages posted online every day and generate early warnings on when shares are likely to move. Trading.co.uk chief Gareth Mann said the Trump signal generator used artificial intelligence technology to differentiate between tweets or other messages that, for example, just mention Boeing and those liable to move markets.
China

China Cancels Over 100 Coal-Fired Power Plants (reuters.com) 278

In an effort to improve air quality, the Chinese government has canceled over 100 coal-fired power plants in 11 provinces -- totaling a combined installed capacity of more than 100 gigawatts. Reuters reports: In a document issued on Jan. 14, financial media group Caixin reported, the National Energy Administration (NEA) suspended the coal projects, some of which were already under construction. The projects worth some 430 billion yuan ($62 billion) were to have been spread across provinces and autonomous regions including Xinjiang, Inner Mongolia, Shanxi, Gansu, Ningxia, Qinghai, Shaanxi and other northwestern areas. Putting the power projects on hold is a major step towards the government's effort to produce power from renewable sources such as solar and wind, and wean the country off coal, which accounts for the majority of the nation's power supply. To put it in perspective, some 130 GW of additional solar and wind power will be installed by 2020, equal to France's total renewable power generation capacity, said Frank Yu, principal consultant at Wood Mackenzie. "This shows the government is keeping its promise in curbing supplies of coal power," Yu said. Some of the projects will still go ahead, but not until 2025 and will likely replace outdated technology, he said.
Businesses

Tesla Is Investing $350 Million In Its Gigafactory, Hiring Hundreds of Workers (cnbc.com) 133

Just weeks after the massive Gigafactory started producing batteries, Tesla has announced plans to hire more workers and use the facility to make the motor and gearbox for its upcoming Model 3 electric sedan. CNBC reports: Tesla will invest $350 million for the project, and hire an additional 550 people, according to the governor's comments. That will be over and above the company's existing commitment to hiring 6,500 people at the Gigafactory, according to comments made by Steve Hill, the director of the governor's Office of Economic Development, to Nevada newspaper the Nevada Appeal. Tesla CEO Elon Musk has made manufacturing efficiency a high priority for the company, but Tesla will require a lot of factory floor to meet its goal of to pumping out 500,000 cars by the end of 2018, and then making one million cars by 2020. Meanwhile, the city of Fremont recently approved Tesla's application for an additional 4.6 million square feet of space there.
Crime

Ukraine's Power Outage Was a Cyber Attack, Says Power Supplier (reuters.com) 59

A power blackout in Ukraine's capital Kiev last month was caused by a cyber attack and investigators are trying to trace other potentially infected computers and establish the source of the breach, utility Ukrenergo told Reuters on Wednesday. From the report: When the lights went out in northern Kiev on Dec. 17-18, power supplier Ukrenergo suspected a cyber attack and hired investigators to help it determine the cause following a series of breaches across Ukraine. Preliminary findings indicate that workstations and Supervisory Control and Data Acquisition (SCADA) systems, linked to the 330 kilowatt sub-station "North", were influenced by external sources outside normal parameters, Ukrenergo said in comments emailed to Reuters. "The analysis of the impact of symptoms on the initial data of these systems indicates a premeditated and multi-level invasion," Ukrenergo said.
Portables (Apple)

Apple To Offer 32GB of Desktop RAM, Kaby Lake In Top-End 2017 MacBook Pro, Says Analyst (appleinsider.com) 300

AppleInsider has obtained a note to investors from KGI analyst Ming-Chi Kuo that says Apple's 2017 laptop line will focus on internal component updates, including the platform-wide adoption of Intel's Kaby Lake architecture. What's more is that Apple is expected to manufacture a 15-inch MacBook Pro with up to 32GB of RAM in the fourth quarter of 2017. AppleInsider reports: Apple took flak in releasing its latest MacBook Pro with Touch Bar models with a hard memory cap of 16GB, an minimal allotment viewed as a negative for imaging and video professionals. Responding to customer criticism, Apple said the move was made in a bid to maximize battery life. Essentially, the Intel Skylake CPUs used in Apple's MacBook Pro only support up to 16GB of LPDDR3 RAM at 2133MHz. Though Intel does make processors capable of addressing more than 16GB of memory, those particular chipsets rely on less efficient DDR4 RAM and are usually deployed in desktops with access to dedicated mains power. In order to achieve high memory allotments and keep unplugged battery life performance on par with existing MacBook Pro models, Apple will need to move to an emerging memory technology like LPDDR4 or DDR4L. Such hardware is on track for release later this year. As for the 12-inch MacBook, Kuo believes next-generation versions of the thin-and-light will enter mass production in the second quarter with the same basic design aesthetic introduced in 2015. New for 2017 is a 16GB memory option that will make an appearance thanks to Intel's new processor class.
Data Storage

Raspberry Pi Upgrades Compute Module With 10 Times the CPU Performance (arstechnica.com) 71

An anonymous reader quotes a report from Ars Technica: The Raspberry Pi Compute Module is getting a big upgrade, with the same processor used in the recently released Raspberry Pi 3. The Compute Module, which is intended for industrial applications, was first released in April 2014 with the same CPU as the first-generation Raspberry Pi. The upgrade announced today has 1GB of RAM and a Broadcom BCM2837 processor that can run at up to 1.2GHz. "This means it provides twice the RAM and roughly ten times the CPU performance of the original Compute Module," the Raspberry Pi Foundation announcement said. This is the second major version of the Compute Module, but it's being called the "Compute Module 3" to match the last flagship Pi's version number. The new Compute Module has more flexible storage options than the original. "One issue with the [Compute Module 1] was the fixed 4GB of eMMC flash storage," the announcement said. But some users wanted to add their own flash storage. "To solve this, two versions of the [Compute Module 3] are being released: one with 4GB eMMC on-board and a 'Lite' model which requires the user to add their own SD card socket or eMMC flash." The core module is tiny so that it can fit into other hardware, but for development purposes there is a separate I/O board with GPIO, USB and MicroUSB, CSI and DSI ports for camera and display boards, HDMI, and MicroSD. The Compute Module 3 and the lite version cost $30 and $25, respectively.
Power

Researchers Create A Lithium-Ion Battery With Built-In Flame Retardant (engadget.com) 71

An anonymous reader quotes Engadget: One big problem with lithium-ion batteries is that they have the tendency to catch fire and blow up all kinds of gadgets like toys and phones. To solve that issue, a group of researchers from Stanford University created lithium-ion batteries with built-in fire extinguishers. They added a component called "triphenyl phosphate" to the plastic fibers of the part that keeps negative and positive electrodes separate. Triphenyl phosphate is a compound commonly used as a flame retardant for various electronics. If the battery's temperature reaches 150 degrees Celsius, the plastic fibers melt and release the chemical. Based on the researchers' tests, the method can stop batteries from burning up within 0.4 seconds.
Cellphones

Faulty Phone Battery May Have Caused Fire That Brought Down EgyptAir Flight MS80 (ibtimes.co.uk) 142

New submitter drunkdrone writes: "French authorities investigating the EgyptAir crash that killed 66 people last year believe that the plane may have been brought down by an overheating phone battery," reports International Business Times. Investigators say the fire that broke out on the Airbus A320 in May 2016 started in the spot where the co-pilot had stowed his iPad and iPhone 6S, which he placed on top of the instrument panel in the plane's cockpit. From the report: "EgyptAir flight MS804 was traveling from Paris to Cairo when it disappeared from radar on 19 May 2016. Egyptian investigators have speculated that the crash, which killed all 56 passengers, seven crew members and three security personnel on board, was caused by an act of terrorism due to traces of explosives reported to be found on some the victims. Investigators in France have disputed these claims, saying that data recorded from the aircraft around the time it disappeared points to an accidental fire on the right-hand side of the flight deck, next to the co-pilot. According to The Times, CCTV pulled from cameras at Paris' Charles de Gualle airport show that the co-pilot stored a number of personal items above the dashboard, where the first signs of trouble were detected. This included an automated alert indicating a series of malfunctions on the right-hand flight deck window, followed by smoke alerts going off in a toilet and in the avionics area below the cockpit, minutes before the plane vanished."
Businesses

Tesla To Power Gigafactory With World's Largest Solar Rooftop Installation (inhabitat.com) 115

Last week, Tesla announced that its Gigafactory has begun mass production of lithium-ion battery cells in Nevada. But the company failed to mention one thrilling detail in their January 4 announcement: the Gigafactory could be powered by the world's largest solar rooftop installation. According to an investor handout, a 70-megawatt (MW) solar array along with ground solar panels could let the factory operate entirely on clean energy. Inhabitat reports: The 70 MW solar array would be around seven times larger than any rooftop arrays currently installed, according to Tesla's exciting handout released by Electrek and confirmed as genuine by The Verge. The rooftop array currently boasting the title of world's largest is a 11.5 MW installation in India. The United States' biggest rooftop array is a 10 MW array atop a California Whirlpool distribution center. SolarCity will likely manufacture the solar panels, according to The Verge, as Tesla acquired the solar energy company in November. Powerpacks will store any excess energy generated by the vast solar installation. Tesla said in the handout the "all-electric" factory will be able to run with greater efficiency and will produce zero carbon emissions. Heating and water use at the Gigafactory will also be sustainable. In the handout, Tesla said a large part of heating for the building would come from waste heat obtained from production processes. Also, "Gigafactory's closed-loop water supply system uses six different treatment systems to efficiently re-circulate about 1.5 million liters (that's around 400,000 gallons) of water, representing an 80 percent reduction in fresh water usage compared with standard processes." Tesla even said they're building a recycling facility at the Gigafactory that will be able to "safely reprocess" battery cells, packs, and modules to obtain metal usable in new cells.
Businesses

Comcast Remains America's Most-Hated Company, Survey Finds (dslreports.com) 111

What may come as no surprise to cable TV or internet subscribers, Comcast remains among the least-liked companies in American history, according to a new survey from 24/7 Wall Street. From DSL Reports: [The survey] combines data from the American Consumer Satisfaction Index, JD Power and Associates and a Zogby Analytics poll, and lists Comcast as the "most hated company in America." Comcast had made some small strides in the ACSI rankings last year, but even with minor improvements still consistently battles Charter for last place in most customer satisfaction and service studies. "The company')s internet services received the fourth worst score out of some 350 companies. In J.D. Power's rating of major wireline services, only Time Warner Cable -- recently subsumed by Charter -- received a worse score in overall satisfaction," notes the report, which adds that Comcast received the worst scores in consumer costs, billing, and reliability. "In 24/7 Wall St.'s annual customer satisfaction poll conducted in partnership with Zogby, nearly 55% of of respondents reported a negative experience with the company, the second worst of any corporation." Comcast finds itself ahead of numerous banks and airlines, but it isn't alone in the rankings among telecom providers. Dish Network is ranked eighth, the report noting that 47% of those polled reported a negative service experience with the company. Also on the list at tenth is Sprint, which had the worst customer service rating out of the more than 100 companies included in the survey. "More than half of Sprint customers polled reported a negative customer service experience with the company," the study found.
Earth

Amazon Still Lags Behind Apple, Google in Greenpeace Renewable Energy Report (greenpeace.org) 84

Amazon's cloud-computing unit says that one day it will rely solely on renewable power. But Greenpeace reports that a ramp-up in data-center construction in Virginia, where electricity comes mostly from coal and nuclear plants, makes that goal elusive. From the report: Apple, Google, Facebook, and newcomer Switch are taking some of the greatest strides towards 100% renewable energy, while companies such as Netflix, Amazon Web Services, and Samsung are lagging. The findings in Greenpeace USA's report outlines the energy footprints of large data center operators and nearly 70 of the most popular websites and applications. "Amazon continues to talk a good game on renewables but is keeping its customers in the dark on its energy decisions. This is concerning, particularly as Amazon expands into markets served by dirty energy," said Greenpeace USA Senior IT Analyst, Gary Cook. "Like Apple, Facebook, and Google, Netflix is one of the biggest drivers of the online world and has a critical say in how it is powered. Netflix must embrace the responsibility to make sure its growth is powered by renewables, not fossil fuels and it must show its leadership here," continued Cook.

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