Author: Disini & Disini Law Office

ICANN Looking to Appeal Whois Case with European Court of Justice  

ICANN Looking to Appeal Whois Case with European Court of Justice  

In a blog post this week, California-based non-profit ICANN said that may appeal its ongoing Whois case to the European Court of Justice if the Higher Regional Court does not rule in its favor. The statement came across as “bizarre” since it is usually to the advantage of appellants to show some modicum of respect to a court they are appealing to and wait for that court’s judgment before talking about an appeal to a higher court. The domain overseer is expected to spend millions should it pursue arguing its GDPR case at the ECJ rather than to fix its […]

CFTC Urges Judge to Rule Virtual Currency as Commodity

CFTC Urges Judge to Rule Virtual Currency as Commodity

Last Thursday, the U.S. Commodity Futures Trading Commission implored a federal judge to rule that an obscure virtual currency called My Big Coin is a commodity subject to its oversight. In a lawsuit filed against My Big Coin Pay Inc., CFTC lawyer Jonah McCarthy said that the virtual currency is similar to gold and other precious metals such that it amounts to a good that falls within the Commodity Exchange Act’s broad definition of commodities. However, Randall Crater’s lawyer Katherine Cooper argued that My Big Coin does not have future contracts trading on it and is not a commodity the […]

AI Restores Journalist’s Voice

AI Restores Journalist’s Voice

An American radio journalist is expected to recover his ability to speak and go back to broadcasting with the help of artificial intelligence. Jamie Dupree, a political radio journalist with Cox Media Group, was left unable to talk due to a rare neurological condition. However, a Scottish technology company, CereProc, will be using a trained neural network that will “speak” for Dupree using his old voice recordings. CereProc says that its AI system can produce voices which typically take a lot of effort and money to produce by using the neural network that they developed since 2006. Customers can now […]

Walmart Obtains Patent for Crypto-Powered Electrical Grid

Walmart Obtains Patent for Crypto-Powered Electrical Grid

U.S. retail giant Walmart won this week a patent for the development of an energy consumption management system that will be powered by digital currency. The patent, which Walmart applied for last December 2017, was published June 14 by the U.S. Patent and Trademark Office (USPTO). The system is expected to aid companies manage energy consumption better and regulate demand on an electrical grid using a public blockchain. The patent also says that devices on the network, which will be alloted cryptocurrency funds to purchase power from a utility vendor, will be able to share funds between each other should […]

Chinese Threat Group Hits National Data Center in Central Asia

Chinese Threat Group Hits National Data Center in Central Asia

Kaspersky Lab researchers recently revealed that Chinese-speaking threat group LuckyMouse have hit a national data center in Central Asia with the aim to cripple government resources. It is said that hitting the target would cause massive problems for a wide range of government resources at one fell swoop. It is said that the group used a watering hole or phishing to compromise employee accounts at the center. Kaspersky added that national data centers are valuable sources of data that can also be abused to compromise official websites, and that the Chinese threat actors may be trying a more stealthier approach […]

Anti-Article 13 Messages Spread on Vulnerable Internet TVs

Anti-Article 13 Messages Spread on Vulnerable Internet TVs

A protester going by the handle “Cyber Anakin” had reportedly flashed anti-Article 13 messages on unsecured television set-top boxes this week. The message urged EU citizens to stop Article 13 which may take away their right to share memes. According to a recent open letter by a number of experts, the Copyright Directive will transform the tool for the automated surveillance and control of its users, The European Parliament is set to vote on the motion, which was introduced by the by German lawmaker Axel Voss, sometime next week. Source: ZDNet

Another CPU Security Bug Identified by Intel

Another CPU Security Bug Identified by Intel

Intel announced this week that it has found another flaw in its Core-based processors called Lazy FP state restore which can theoretically be exploited to pull data from even software on computers running any OS. Red Hat Computer Architect Jon Masters said that the speculative execution vulnerability allows the floating point registers to be leaked from another process, even the same registers used for crypto. It does not, however, affect AMD processors. Masters said that the fix, which is currently available on Red Hat Enterprise Linux 7, even improves performance. He added that the flaw’s impact is moderate, in such […]

Reuters Study Says Younger Users Now Prefer WhatsApp to Facebook

Reuters Study Says Younger Users Now Prefer WhatsApp to Facebook

According to data gathered by the Reuters Institute, younger audiences now prefer messaging apps such as WhatsApp over Facebook to get news. In a survey of 74,000 consumers in 37 markets, Reuters found that Facebook usage by youngsters went down as much as 20 points. Research associate Nic Newman says that usage is now going down after years of continued growth. This may be attributed to preference of consumers for more private and less confrontational spaces to communicate.   The research is said to show the volatility of consumer tastes as traditional media struggles to cope with the impact of […]

SEC Expected to Clarify Position on Cryptocurrency This Week

SEC Expected to Clarify Position on Cryptocurrency This Week

SEC’s point-person in policy regarding bitcoin and blockchain, William Hinman, is expected to clarify the agency’s position on cryptocurrencies on his speech this Thursday at Yahoo’s All Markets Summit: Crypto in San Francisco. It is said that Hinman will confirm whether ICOs, alt-coins, and ether are securities which are required to register with the SEC. JJ Kinahan, chief market strategist for TD Ameritrade, remarked that everybody is currently uncertain as to what the rules are, and clarity on what is allowed and what is not would be of help to the markets. Source: CNBC

Congress May Block ZTE’s Bid to Resume US Operations

Congress May Block ZTE’s Bid to Resume US Operations

It is said that in the coming weeks, the US Congress may block the Trump Administration’s move to allow Chinese telecommunications giant ZTE to resume its business in the US when the Senate votes on the measure as part of the National Defense Authorization Act (NDAA). If the defense policy bill passes, it may be possible for the ZTE provision to get thrown out during the negotiations for the final version of the NDAA. The House NDAA includes a separate provision prohibiting the US government agencies from using “risky” technology from ZTE or Huawei, which are considered to be “linked […]