Businesses

Softbank's Sale of ARM To Nvidia Collapses, ARM To IPO (reuters.com) 23

According to Reuters, SoftBank's sale of ARM to U.S. chipmaker Nvidia has collapsed. Instead, SoftBank is planning to proceed with an initial public offering (IPO) with ARM CEO Simon Segars expected to resign, handing the job to president Rene Haas. From the report: The deal, announced in 2020, had faced several regulatory hurdles. The U.S. Federal Trade Commission sued to block it in December, arguing that competition in the nascent markets for chips in self-driving cars and a new category of networking chips could be hurt if Nvidia carried out the purchase. The buyout is also under the scrutiny of British and EU regulators amid concerns that it could push up prices and reduce choice and innovation.

The sale would have marked an early exit from Arm for Softbank, which acquired it for $32 billion. Chief Executive Masayoshi Son has lauded the potential of Arm, but is slashing his stakes in major assets to raise cash. The Financial Times was the first to report that Softbank's Arm-Nvidia deal had collapsed. The Japanese investment giant would receive a break-up fee of up to $1.25 billion, FT quoted one of the people as saying.

Facebook

Six Reasons Meta (Formerly Facebook) is In Trouble (msn.com) 117

Meta's stock plunged 26% Thursday — its biggest one-day drop ever, lowering its marketing valuation by more than $230 billion. And then on Friday it dropped just a little bit more.

A New York Times technology correspondent offers six reasons Meta is in trouble: User growth has hit a ceiling. The salad days of Facebook's wild user growth are over. Even though the company on Wednesday recorded modest gains in new users across its so-called family of apps — which includes Instagram, Messenger and WhatsApp — its core Facebook social networking app lost about half a million users over the fourth quarter from the previous quarter.

That's the first such decline for the company in its 18-year history, during which time it had practically been defined by its ability to bring in more new users. The dip signaled that the core app may have reached its peak. Meta's quarterly user growth rate was also the slowest it has been in at least three years. Meta's executives have pointed to other growth opportunities, like turning on the money faucet at WhatsApp, the messaging service that has yet to generate substantial revenue. But those efforts are nascent. Investors are likely to next scrutinize whether Meta's other apps, such as Instagram, might begin to hit their top on user growth....

Apple's changes are limiting Meta and Google is stealing online advertising share. Last spring, Apple introduced an "App Tracking Transparency" update to its mobile operating system, essentially giving iPhone owners the choice as to whether they would let apps like Facebook monitor their online activities. Those privacy moves have now hurt Meta's business and are likely to continue doing so...

On Wednesday, David Wehner, Meta's chief financial officer, noted that as Apple's changes have given advertisers less visibility into user behaviors, many have started shifting their ad budgets to other platforms. Namely Google. In Google's earnings call this week, the company reported record sales, particularly in its e-commerce search advertising. That was the very same category that tripped up Meta in the last three months of 2021. Unlike Meta, Google is not heavily dependent on Apple for user data. Mr. Wehner said it was likely that Google had "far more third-party data for measurement and optimization purposes" than Meta's ad platform. Mr. Wehner also pointed to Google's deal with Apple to be the default search engine for Apple's Safari browser. That means Google's search ads tend to appear in more places, taking in more data that can be useful for advertisers. That's a huge problem for Meta in the long term, especially if more advertisers switch to Google search ads.

Meta's other problems include competition from TikTok (and the problems with monetizing "Reels," Meta's own TikTok clone on Instagram), as well as pending antitrust investigations (and the way it hampers future social media acquisitions). But with Meta expected to continue spending more than $10 billion a year on virtual reality, "still the province of niche hobbyists [that] has yet to really break into the mainstream," the article also suggests its final reason for why Meta is in trouble: that "Spending on the metaverse is bonkers."
Facebook

Zuckerberg Tells Staff To Focus on Video Products as Meta's Stock Plunges (bloomberg.com) 43

An anonymous reader shares a report: Mark Zuckerberg quipped that if he started to cry, it wasn't because of the day's news. His red, teary eyes were the result of a scratched cornea, the Facebook founder said Thursday, attempting to lighten the mood as Meta Platforms' stock price lost more than a quarter of its value. At a company-wide virtual meeting, Zuckerberg explained that the historic stock drop was a result of Meta's weak forecast for revenue in the current quarter, according to a person who attended and was not authorized to speak about it. It is important to focus on growing Facebook's short-video product, he said. Zuckerberg echoed his remarks of a day earlier to investors, telling employees that the social networking giant faced an "unprecedented level of competition," with the rise of TikTok, the rival viral-video platform. Meta's Instagram app has a copycat of TikTok called Reels, which the company is now prioritizing.

Employees were glued to the stock price. Facebook lost a record $251 billion of value in a single day. Some were discussing buying shares during the dip, believing in Zuckerberg's long-term vision for the metaverse, an immersive version of the internet. Others fretted about what a continued decline might mean for their net worth, according to people familiar with the matter. Zuckerberg's own wealth dropped by $31 billion. Meta is already talking about ways to retain staff amid the stock rout. The social media giant is thinking of extending existing three-day holiday weekends, Zuckerberg said, responding to a question on burnout. He also encouraged exhausted employees to use their vacation days. He added that based on his life experience, transitioning to a four-day work week all the time would not be productive.

Facebook

Zuckerberg Tells Staff to Focus on Video Products as Meta's Stock Plunges (bloomberg.com) 71

Meta Chief Executive Officer Mark Zuckerberg rallied his employees to focus on video products, after they watched the stock lose a quarter of its value. Bloomberg reports: At a company-wide virtual meeting Thursday, Zuckerberg explained that the historic stock drop was a result of Meta's weak forecast for revenue in the current quarter, according to a person who attended and was not authorized to speak about it. Zuckerberg echoed his remarks of a day earlier to investors, telling employees that the social networking giant faced an "unprecedented level of competition," with the rise of TikTok, the short-video platform Facebook doesn't own. Zuckerberg appeared red-eyed and wore glasses, the person said. He said he might tear up because he'd scratched his eye -- not because of the topics up for discussion.

Meta is already talking about ways to retain staff amid the stock rout. The social media giant is thinking of offering long weekends, Zuckerberg said, responding to a question on burnout. He also encouraged exhausted employees to use their vacation days. He added that based on his life experience, transitioning to a four-day work week would not be productive. Employee shares vest on Feb. 15, and manager conversations about bonuses and promotions happen in March -- both of which could be factors in workers' potential decisions to leave, according to another person familiar with the company's plans.

Blackberry

BlackBerry Sells Mobile and Messaging Patents For $600 Million (arstechnica.com) 55

An anonymous reader quotes a report from Ars Technica: BlackBerry is adding another sad chapter to the downfall of its smartphone business. Today the company announced a sale of its prized patent portfolio for $600 million. The buyer is "Catapult IP Innovations Inc.," a new company BlackBerry describes as "a special purpose vehicle formed to acquire the BlackBerry patent assets." BlackBerry says the patents are for "mobile devices, messaging and wireless networking." These are going to be the patents surrounding BlackBerry's phones, QWERTY keyboards, and BlackBerry Messenger (BBM). BlackBerry most recently weaponized these patents against Facebook Messenger in 2018, which covered ideas like muting a message thread and displaying notifications as a numeric icon badge. BlackBerry -- back when it was called RIM -- was a veteran of the original smartphone patent wars, though, and went after companies like Handspring and Good Technology in the early 2000s.

If the name "Catapult IP Innovations" didn't give it away, weaponizing BlackBerry's patents is the most obvious outcome of this deal. According to the press release, Catapult's funding for the $600 million deal is just a $450 million loan, which will immediately be given to BlackBerry in cash. The remaining $150 million is a promissory note with the first payment due in three years. That means Catapult is now a new company with a huge amount of debt, no products, and no cash flow. Assuming the plan isn't to instantly go bankrupt, Catapult needs to start monetizing BlackBerry's patents somehow, which presumably means suing everyone it believes is in violation of its newly acquired assets.

Businesses

Cloud Computing and Virtualization Company Citrix To Be Acquired for $16.5B (venturebeat.com) 34

Citrix, a cloud computing and virtualization company used by companies including Microsoft, Google, and SAP, has revealed plans to be acquired by affiliates of global investment firm Vista Equity Partners, and an affiliate of Elliott Investment Management called Evergreen Coast Capital Corporation. From a report: The all-cash deal is valued at $16.5 billion, representing a near 30 percent premium on Citrix's market capitalization before rumors of a possible deal first started to emerge last month. Founded in 1989, Citrix was originally known for its Windows-based remote access products, but over the past few decades the company has evolved endeavored to move with the times, and now offers myriad technologies spanning cloud computing, servers, networking, and more.
Bug

T-Mobile Says It Has 'Not Broadly Blocked' iCloud Private Relay, Blames iOS 15.2 Bug For Errors (9to5mac.com) 11

T-Mobile has officially acknowledged a bug that has blocked some subscribers from using iCloud Private Relay when connected to cellular networking. In a statement to 9to5Mac, T-Mobile blamed this situation on a bug in iOS 15.2 and said that it has "not broadly blocked" iCloud Private Relay. From the report: It's also important to note that this bug is not only affecting T-Mobile subscribers, as the company says in its statement. Instead, it's a bug that seems to affect iOS 15.2 broadly rather than T-Mobile specifically. The issue is also still present in the latest release of iOS 15.3 beta. The full statement reads: "Overnight our team identified that in the 15.2 iOS release, some device settings default to the feature being toggled off. We have shared this with Apple. This is not specific to T-Mobile. Again though, we have not broadly blocked iCloud Phone Relay."

A solution to the problem that has worked for 9to5Mac in testing is to go to Settings, then choose Cellular, then choose your plan, and ensure that "Limit IP Address Tracking" is enabled. Make sure to complete these steps while WiFi is disabled and you are connected to your cellular network. T-Mobile has, however, acknowledged that are situations in which it is required to block iCloud Private Relay due to technical reasons. Namely, if your account or line has content moderation features or parental controls enabled, you will be unable to use iCloud Private Relay when connected to cellular. [...] A source has also confirmed to 9to5Mac that this also applies to certain legacy plans that include the Netflix on Us perk and have Family Allowances enabled.

Privacy

Security Flaws Found in a Popular Guest Wi-Fi System Used in Hundreds of Hotels (techcrunch.com) 25

A security researcher says an internet gateway used by hundreds of hotels to offer and manage their guest Wi-Fi networks has vulnerabilities that could put the personal information of their guests at risk. From a report: Etizaz Mohsin told TechCrunch that the Airangel HSMX Gateway contains hardcoded passwords that are "extremely easy to guess." With those passwords, which we are not publishing, an attacker could remotely gain access to the gateway's settings and databases, which store records about the guest's using the Wi-Fi. With that access, an attacker could access and exfiltrate guest records, or reconfigure the gateway's networking settings to unwittingly redirect guests to malicious webpages, he said. Back in 2018, Mohsin discovered one of these gateways on the network of a hotel where he was staying. He found that the gateway was synchronizing files from another server across the internet, which Mohsin said contained hundreds of gateway backup files from some of the most prestigious and expensive hotels in the world. The server also stored "millions" of guest names, email addresses and arrival and departure dates, he said. Mohsin reported the bug and the server was secured, but that sparked a thought: Could this one gateway have other vulnerabilities that could put hundreds of other hotels at risk? In the end, the security researcher found five vulnerabilities that he said could compromise the gateway -- including guests' information.
Power

Metaverse Vision Requires 1000x More Computational Power, Says Intel (intel.com) 79

Leading chip-maker Intel has stressed that building Metaverse -- at scale and accessible by billions of humans in real time -- will require a 1,000-times increase in computational efficiency from what we have today. Insider reports: Raja Koduri, a senior vice president and head of Intel's Accelerated Computing Systems and Graphics Group, said that our computing, storage and networking infrastructure today is simply not enough to enable this Metaverse vision, being popularized by Meta (formerly Facebook) and other companies. "We need several orders of magnitude more powerful computing capability, accessible at much lower latencies across a multitude of device form factors," Koduri said in a blog post. To enable these capabilities at scale, the entire plumbing of the internet will need major upgrades, he added.
AI

Clearview AI On Track To Win US Patent For Facial Recognition Technology (politico.com) 17

An anonymous reader quotes a report from Politico: Clearview AI has gotten the green light on a federal patent for its facial recognition technology -- an award that the company says is the first to cover a so-called "search engine for faces" that crawls the internet to find matches. Clearview's software -- which scrapes public images from social media to help law enforcement match images in government databases or surveillance footage -- has long faced fire from privacy advocates who say it uses people's faces without their knowledge or consent. Civil rights groups also argue that facial recognition technology is generally error-prone, misidentifying women and minorities at higher rates than it does white men and sometimes leading to false arrests. (A recent audit of Clearview's tech by the Commerce Department's National Institute of Standards and Technology found its results to be highly accurate (PDF), and the company said it knows of no instances to date where the technology has led to a wrongful arrest.) Now, some of those critics fear that codifying Clearview's work with a patent will accelerate the growth of these technologies before legislators or regulators have fully addressed the potential dangers.

The U.S. Patent and Trademark Office sent Clearview a "notice of allowance" on Wednesday, meaning the patent will be approved once the company pays certain administrative fees. The patent covers Clearview's "methods of providing information about a person based on facial recognition," including its "automated web crawler" that scans social networking sites and the internet and its algorithms that analyze and match facial images obtained online. "There are other facial recognition patents out there -- that are methods of doing it -- but this is the first one around the use of large-scale internet data," Clearview CEO and co-founder Hoan Ton-That told POLITICO in an exclusive interview. The product uses a database of more than 10 billion photos, Ton-That said, and he has emphasized that "as a person of mixed race, having non-biased technology is important to me." Clearview argues that there is a First Amendment right to make use of public material. "All information in our datasets are all publicly available info that people voluntarily posted online -- it's not anything on your private camera roll," Ton-That said. "If it was all private data, that would be a completely different story."

Ton-That said Clearview serves government users only and that "we don't intend to ever make a consumer version of Clearview AI." Yet Clearview says in its patent application that the invention could be useful for other purposes. The company argues that "it may be desirable for an individual to know more about a person that they meet, such as through business, dating, or other relationship." Common ways of learning about new people, like asking them questions or checking out their business cards, may be unreliable because the information they choose to share could be false, the application says.
"The part that they're looking to protect is exactly the part that's the most problematic," said Matt Mahmoudi, an Amnesty International researcher who is leading the group's work to ban facial recognition. "They are patenting the very part of it that's in violation of international human rights law."

Mahmoudi of Amnesty International said that language in the patent leaves the door open to a cascade of new uses in the future. "It shows a willingness to go down a slippery slope of basically being available in any context," he said.
Government

Biden's Cyber Leaders Go To Silicon Valley for More Help Fighting Hackers (politico.com) 25

Senior Biden administration officials met in Silicon Valley on Monday with key technology and cybersecurity companies as part of a push for more help from the private sector in fending off increasingly aggressive hackers working for adversarial regimes and criminal gangs. From a report: Homeland Security Secretary Alejandro Mayorkas, Cybersecurity and Infrastructure Security Agency Director Jen Easterly, National Cyber Director Chris Inglis and other officials met with executives from 13 companies, including Google, networking vendor Juniper Networks and security firm Mandiant. Their aim was to deepen relationships between government and industry that security professionals see as vital for protecting the nation's critical infrastructure. The government already has strong relationships with some companies, such as Microsoft, that routinely warn officials about cyberattacks and help neutralize them. But Monday's meeting is part of a charm offensive aimed at growing the ranks of the government's industry allies and improving how efficiently they work together. These partnerships could offer the Biden administration a new weapon against ransomware -- one that doesn't rely on cooperation from Russian President Vladimir Putin, whose nation shelters many ransomware operators and with whom Biden is set to discuss cyber and other issues on Tuesday.
Science

The Coronavirus in a Tiny Drop (nytimes.com) 63

To better understand the coronavirus's journey from one person to another, a team of 50 scientists has for the first time created an atomic simulation of the coronavirus nestled in a tiny airborne drop of water. From a report: To create the model, the researchers needed one of the world's biggest supercomputers to assemble 1.3 billion atoms and track all their movements down to less than a millionth of a second. This computational tour de force is offering an unprecedented glimpse at how the virus survives in the open air as it spreads to a new host. "Putting a virus in a drop of water has never been done before," said Rommie Amaro, a biologist at the University of California San Diego who led the effort, which was unveiled at the International Conference for High Performance Computing, Networking, Storage and Analysis last month. "People have literally never seen what this looks like."

How the coronavirus spreads through the air became the subject of fierce debate early in the pandemic. Many scientists championed the traditional view that most of the virus's transmission was made possible by larger drops, often produced in coughs and sneezes. Those droplets can travel only a few feet before falling to the floor. But epidemiological studies showed that people with Covid-19 could infect others at a much greater distance. Even just talking without masks in a poorly ventilated indoor space like a bar, church or classroom was enough to spread the virus. Those findings pointed to much smaller drops, called aerosols, as important vehicles of infection. Scientists define droplets as having a diameter greater than 100 micrometers, or about 4 thousandths of an inch. Aerosols are smaller -- in some cases so small that only a single virus can fit inside them. And thanks to their minuscule size, aerosols can drift in the air for hours.

Security

Former Ubiquiti Dev Charged For Trying To Extort His Employer (bleepingcomputer.com) 20

Long-time Slashdot reader tinskip shares a report from BleepingComputer: Nickolas Sharp, a former employee of networking device maker Ubiquiti, was arrested and charged today with data theft and attempting to extort his employer while posing as a whistleblower and an anonymous hacker. "As alleged, Nickolas Sharp exploited his access as a trusted insider to steal gigabytes of confidential data from his employer, then, posing as an anonymous hacker, sent the company a nearly $2 million ransom demand," U.S. Attorney Damian Williams said today. "As further alleged, after the FBI searched his home in connection with the theft, Sharp, now posing as an anonymous company whistleblower, planted damaging news stories falsely claiming the theft had been by a hacker enabled by a vulnerability in the company's computer systems."

According to the indictment (PDF), Sharp stole gigabytes of confidential data from Ubiquiti's AWS (on December 10, 2020) and GitHub (on December 21 and 22, 2020) infrastructure using his cloud administrator credentials, cloning hundreds of GitHub repositories over SSH. Throughout this process, the defendant tried hiding his home IP address using Surfshark's VPN services. However, his actual location was exposed after a temporary Internet outage. To hide his malicious activity, Sharp also altered log retention policies and other files that would have exposed his identity during the subsequent incident investigation. "Among other things, SHARP applied one-day lifecycle retention policies to certain logs on AWS which would have the effect of deleting certain evidence of the intruder's activity within one day," the court documents read.

After Ubiquiti disclosed a security incident in January following Sharp's data theft, while working to assess the scope and remediate the security breach effects he also tried extorting the company (posing as an anonymous hacker). His ransom note demanded almost $2 million in exchange for returning the stolen files and the identification of a remaining vulnerability. The company refused to pay the ransom and, instead, found and removed a second backdoor from its systems, changed all employee credentials, and issued the January 11 security breach notification. After his extortion attempts failed, Sharp shared information with the media while pretending to be a whistleblower and accusing the company of downplaying the incident. This caused Ubiquiti's stock price to fall by roughly 20%, from $349 on March 30 to $290 on April 1, amounting to losses of over $4 billion in market capitalization.

Open Source

Trump's Social Media Site Quietly Admits It's Based On Mastodon (pcmag.com) 228

mrflash818 shares a report from PCMag: To avoid a lawsuit, Donald Trump's social media site is quietly acknowledging the computer code powering the platform comes from Mastodon. Trump's "Truth Social" site now features a dedicated section labeled "open source," which contains a Zip archive to Mastodon's source code. "Our goal is to support the open source community no matter what your political beliefs are. That's why the first place we go to find amazing software is the community and not 'Big Tech,'" the site adds. Truth Social created the section on Nov. 12, two weeks after social networking provider Mastodon threatened to sue Trump's platform for violating its open-source license.

Since Mastodon is an open-source software project, anyone can use it for free. But if you do, the software license demands the code and any ensuing modifications to your Mastodon-powered platform be made publicly available, allowing the entire Mastodon community to benefit. (This doesn't include publishing any user data or disclosing admin access, though.) [...] However, it appears the uploaded Zip archive is simply a barebones version of the existing Mastodon source code you can already find on GitHub. The archive itself is only a mere 30MB in size. Nevertheless, Rochko said the Zip archive might "become more interesting" once Truth Social finally launches.

Security

Thousands of AT&T Customers in the US Infected by New Data-stealing Malware (arstechnica.com) 10

Thousands of networking devices belonging to AT&T Internet subscribers in the US have been infected with newly discovered malware that allows the devices to be used in denial-of-service attacks and attacks on internal networks, researchers said on Tuesday. From a report: The device model under attack is the EdgeMarc Enterprise Session Border Controller, an appliance used by small- to medium-sized enterprises to secure and manage phone calls, video conferencing, and similar real-time communications. As the bridge between enterprises and their ISPs, session border controllers have access to ample amounts of bandwidth and can access potentially sensitive information, making them ideal for distributed denial of service attacks and for harvesting data.

Researchers from Qihoo 360 in China said they recently spotted a previously unknown botnet and managed to infiltrate one of its command-and-control servers during a three-hour span before they lost access. "However, during this brief observation, we confirmed that the attacked devices were EdgeMarc Enterprise Session Border Controller, belonging to the telecom company AT&T, and that all 5.7k active victims that we saw during the short time window were all geographically located in the US," Qihoo 360 researchers Alex Turing and Hui Wang wrote. They said they have detected more than 100,000 devices accessing the same TLS certificate used by the infected controllers, an indication that the pool of affected devices may be much bigger. "We are not sure how many devices corresponding to these IPs could be infected, but we can speculate that as they belong to the same class of devices the possible impact is real," they added.

Social Networks

The Head of Instagram Agrees To Testify as Congress Probes the App's Effects on Young People (nytimes.com) 13

Adam Mosseri, the head of Instagram, has agreed for the first time to testify before Congress, as bipartisan anger mounts over harms to young people from the app. From a report: Mr. Mosseri is expected to appear before a Senate panel during the week of Dec. 6 as part of a series of hearings on protecting children online, said Senator Richard Blumenthal, who will lead the hearing. Mr. Mosseri's appearance follows hearings this year with Antigone Davis, the global head of safety for Meta, the parent company of Instagram and Facebook, and with Frances Haugen, a former employee turned whistle-blower. Ms. Haugen's revelations about the social networking company, particularly those about Facebook and Instagram's research into its effects on some teenagers and young girls, have spurred criticism, inquiries from politicians and investigations from regulators.

In September, Ms. Davis told Congress that the company disputed the premise that Instagram was harmful for teenagers and noted that the leaked research did not have causal data. But after Ms. Haugen's testimony last month, Mr. Blumenthal, a Connecticut Democrat, wrote a letter to Mark Zuckerberg, the chief executive of Meta, suggesting that his company had "provided false or inaccurate testimony to me regarding attempts to internally conceal its research." Mr. Blumenthal asked that Mr. Zuckerberg or Mr. Mosseri testify in front of the consumer protection subcommittee of the Senate's Commerce Committee to set the record straight.

China

Secretive Chinese Committee Draws Up List To Replace US Tech (bloomberg.com) 101

China is accelerating plans to replace American and foreign technology, quietly empowering a secretive government-backed organization to vet and approve local suppliers in sensitive areas from cloud to semiconductors, Bloomberg reported Wednesday, citing people familiar with the matter said. From a report: Formed in 2016 to advise the government, the Information Technology Application Innovation Working Committee has now been entrusted by Beijing to help set industry standards and train personnel to operate trusted software. The quasi-government body will devise and execute the so-called "IT Application Innovation" plan, better known as Xinchuang in Chinese. It will choose from a basket of suppliers vetted under the plan to provide technology for sensitive sectors from banking to data centers storing government data, a market that could be worth $125 billion by 2025.

So far, 1,800 Chinese suppliers of PCs, chips, networking and software have been invited to join the committee, the people said, asking not to be identified discussing private information. The organization has so far certified hundreds of local companies this year as committee members, the fastest pace in years, one of the people said. The existence of the Xinchuang white-list, whose members and over-arching goals haven't been previously reported, is likely to inflame tensions just as Presidents Joe Biden and Xi Jinping wrapped up their first face-to-face virtual summit. It gives Beijing more leverage to replace foreign tech firms in sensitive sectors and quickens a push to help local champions achieve tech self-sufficiency and overcome sanctions first imposed by the Trump administration in fields like networking and chips.

Security

HPE Says Aruba Customer Data Compromised After Data Breach (techcrunch.com) 2

HPE has confirmed that a "limited subset" of customer data was taken in a data breach involving its subsidiary Aruba Networks, a maker of networking equipment. From a report: The enterprise technology giant said in a statement that an unauthorized person used a private key to gain access to customer data stored in its Aruba Central cloud. HPE did not say how the hacker obtained the private key, but said the key allowed access to cloud servers in multiple regions where customer data was stored. HPE bought Aruba Networks in 2015 for $3 billion in cash. Aruba provides networking gear, like wireless access points, and network security for companies. Through its dashboard, Aruba Central, companies can centrally monitor and manage their Wi-Fi networks. It's the Wi-Fi data collected in Aruba Central that HPE said was compromised. HPE said two datasets were exposed: one for network analytics containing information about devices accessing a customer's Wi-Fi network, and a second dataset containing location data about devices on the network.
Bitcoin

Coinbase Goes Social by Letting Users Tout Crypto Allocations (bloomberg.com) 16

Coinbase Global is adding a slew of social-networking capabilities, one of which will make it easier for traders to share information about their allocations on platforms such as Instagram and Twitter. From a report: The biggest U.S. cryptocurrency exchange said Friday it's adding a Share button that will let traders detail what coins they own on social networks. More ways of sharing data about trades are in the works as well, the company said in a blog. The effort is likely aimed at harnessing word of mouth about crypto investing to attract more users. Coinbase said this week that its monthly transacting users had decreased sequentially in the third quarter. At the same time, the firm boosted its recurring-user forecast for the full year.
Communications

Amazon's Satellite Launch Schedule Puts It Nearly 4 Years Behind Starlink (arstechnica.com) 69

Amazon plans to launch its first prototype broadband satellites in Q4 2022, which would be nearly four years after SpaceX launched its first prototype Starlink satellites. Ars Technica reports: "This morning, we filed an experimental license application with the Federal Communications Commission (FCC) to launch, deploy, and operate two prototype satellites for Project Kuiper," Amazon said in a blog post. "These satellites -- KuiperSat-1 and KuiperSat-2 -- are an important step in the development process. They allow us to test the communications and networking technology that will be used in our final satellite design, and help us validate launch operations and mission management procedures that will be used when deploying our full constellation."

Amazon said it will launch the satellites from Cape Canaveral Space Force Station in Florida on ABL Space Systems' RS1 rocket, as part of a multilaunch deal the companies announced today. Amazon's prototype satellites will operate at an altitude of 590 km. "While operating under the experimental license, the KuiperSats will communicate with TT&C [telemetry, tracking, and control] Earth stations in South America, the Asia-Pacific region, and McCulloch, Texas, as well as with customer terminal units and a single gateway Earth station located in McCulloch, Texas," Amazon told the FCC.

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