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Meltdown-Spectre Class Action Lawsuits Against Intel Mounting

Meltdown-Spectre Class Action Lawsuits Against Intel Mounting

It was reported that since February 15 this year, Intel now has 32 lawsuits over the Meltdown-Spectre vulnerabilities found in its processors, and more are expected to be filed within the next few months. It is said that various groups are seeking monetary damages and equitable relief for Intel’s omissions and mishandling of the security vulnerabilities. Intel had previously released updates that caused a number of issues including random reboots and in some cases, data loss. Tree lawsuits were also filed in relation to the $24 million stock sale made by Intel CEO Brian Krzanich two months before the disclosure […]

Congress Mulls New Rules on Cryptocurrencies

Congress Mulls New Rules on Cryptocurrencies

It was reported earlier this week that Congress may be considering new rules that may result to stricter federal oversight of cryptocurrencies. A number of lawmakers from both parties have already expressed concern on the emerging asset class.  Republican Senator Mike Rounds, a Senate Banking Committee member, said that there was clearly a need for a regulatory framework. Republican Representative Bill Huizenga agreed with the idea, saying that the explosion in the cryptocurrency market has made him more comfortable with the idea of added oversight. Democratic senior member of the House Financial Services Committee Carolyn Maloney, an advocate for direct […]

Facebook to Verify election Ad Buyers Via US Mail

Facebook to Verify election Ad Buyers Via US Mail

A Facebook senior account executive revealed last Saturday that the company will be verifying the identities of election ad buyers later this year using postcards sent via the US mail service. The verification measure is in response to criticisms on the failure of Facebook to prevent Russian interference in the 2016 US elections. U.S. law prohibits foreigners from donating or contributing anything of value, or making any expenditure in connection with any federal, state or local election in the United States. According to Facebook’s global director of policy programs Katie Harbath, users who mention  a candidate in their ads will […]

User Sues Microsoft for Forced Windows 10 Upgrade

User Sues Microsoft for Forced Windows 10 Upgrade

An Albuquerque man by the name of Frank K. Dickman Jr. filed a complaint against Microsoft and CEO Satya Nadella for forcing an upgrade on his computer which rendered it unusable. Dickman said that Microsoft had forced a Windows 10 upgrade on his ASUS 54L laptop computer, which originally came with an OEM license for Windows Version 7. The upgrade bricked his system, and Dickman is now demanding that Microsoft furnish him with a replacement copy of Windows 7 within 30 days or pay $600 million. It is said that Dickman’s suit may not go anywhere, but similar lawsuits had […]

French Regulator Recommends Net Neutrality for Devices

French Regulator Recommends Net Neutrality for Devices

French telecommunications regulator ARCEP published this week a 65-page report which argues in favor of applying net neutrality to devices such as smartphones. ARCEP president Sébastien Soriano says that devices have a bias, and connected devices such as home assistants are even less neutral. As the French equivalent of the FCC, ARCEP says that it wants to keep an eye on the limitations of both apps and devices so that consumers will not be stuck in a closed ecosystem. ARCEP also said that consumers should have a choice to use alternative services and content. A list which include some of […]

Japan to Launch Self-Regulatory Body for Cryptocurrency Industry

Japan to Launch Self-Regulatory Body for Cryptocurrency Industry

A self-regulatory entity is set to be formed by the Japanese cryptocurrency industry with the merging of the Japan Blockchain Association and the Japan Cryptocurrency Business Association. Set to be launched on April 1, the new body will be tasked to enforce self-imposed rules for the protection of exchange users’ assets, system downtimes, insider trading and advertising. Penalties for breaches are also likely to be considered. It is said that the Coincheck hack served as a major push for the creation of the regulatory entity. Bitflyer CEO Yuzo Kano is expected to serve as the vice-chairman at launch. Source: CCN

Researchers Find More Meltdown-Spectre Attack Variants

Researchers Find More Meltdown-Spectre Attack Variants

Researchers from Princeton University and an expert from Nvidia have developed a new tool which they used to discover new attacks on the Meltdown and Spectre CPU bugs. Researchers Caroline Trippel, Daniel Lustig, and Margaret Martonosi detailed in their paper new attack variants they called MeltdownPrime and SpectrePrime which use two-cores against each other, as well as the CPU’s memory caches to access privileged information on an application as it executes. The researchers said that the discovery is likely to prompt Intel to rethink their already problematic mitigations. Source: ZDNet

Instagram, YouTube Decision Diverge on Russian Censorship Case

Instagram, YouTube Decision Diverge on Russian Censorship Case

It was reported that Instagram had conceded to the demands of Russia’s internet censor and had taken down controversial content implicating billionaire Oleg Deripaska. Both Instagram and YouTube had been ordered by the censor to remove the posts made by prominent opposition leader Alexei Navalny from their platforms by Wednesday, or face banning. However, the deadline has already passed but YouTube had taken no action whatsoever. The video in question which shows Deripaska on deputy prime minister Sergei Prikhodko on a yacht with deputy prime minister Sergei Prikhodko has already been viewed more than 5 million times. Source: BBC

Latest Chrome Build Now Comes with Ad Blocker

Latest Chrome Build Now Comes with Ad Blocker

In a blog post this week, Google’s Chris Bentzel revealed that Chrome will now be blocking non-CBA approved ads automatically. A survey composed of 40,000 respondents from US and Europe established that ads which hide a large portion of the page, as well as full page and flashing animated ads were considered to be “disruptive” and are not up to Better Ads Standards. Chrome will then notify the user if such an ad had been blocked. According to Campaign magazine editor Emily Tan, the advertising industry initially thought that Google would be blocking ads across the board, but is now […]

EU Justice Tells Tech Giants to Do More for Users

EU Justice Tells Tech Giants to Do More for Users

Earlier this week, European Commissioner Vera Jourova remarked that Facebook, Google, and Twitter should increase their efforts in bringing their user terms in line with EU law. The justice commissioner said that as advertising and commercial platforms, the tech giants are subject to the same laws as offline providers and will face sanctions for non-compliance. She also complained that the companies were taking their time in making their platforms safer for users. However, a spokesperson for Facebook responded that they already put measures to inform users about content removals even before, which they will be expanding later this year. Meanwhile, […]