Academy Software Foundation Unveils Updated OpenColorIO

The Academy Software Foundation (ASWF) debuted OpenColorIO version 2 (OCIO v2) for developers to integrate into their applications. OCIO is an industry standard for consistent color management across VFX and animation pipelines that has been used on hundreds of feature film productions. One major enhancement is native implementation of ACES, replacing the requirement for finite LUT files with precise algorithms. In addition, new foundation members include Unity Technologies, Conductor Technologies and SMPTE. Continue reading Academy Software Foundation Unveils Updated OpenColorIO

FTC Interviews Mark Zuckerberg as Part of Its Antitrust Probe

The Federal Trade Commission often interviews witnesses under oath as part of investigations that lead to lawsuits. It’s telling, then, that, according to sources, Facebook chief executive Mark Zuckerberg testified remotely and under oath over a two-day FTC “investigative hearing.” Those sources also pointed out that Zuckerberg’s testimony doesn’t guarantee the case is headed toward an antitrust lawsuit but could be used by the FTC and state attorneys to build their case. State officials also participated in the hearing. Continue reading FTC Interviews Mark Zuckerberg as Part of Its Antitrust Probe

Appeals Court Gives Lyft, Uber Greenlight to Operate for Now

Hours before Lyft and Uber planned to suspend their services to protest the ruling to reclassify their drivers as employees, an appeals court allowed them to continue operating during the appeals process. Uber spokesperson Matt Kallman noted that the company is glad “that access to these critical services won’t be cut off while we continue to advocate for drivers’ ability to work with the freedom they want.” The companies must still submit plans for hiring employees by early September, in case their appeal is denied. Continue reading Appeals Court Gives Lyft, Uber Greenlight to Operate for Now

Big Five Tech Companies Dominate the Rise in Stock Market

The S&P 500 achieved record heights via the 37 percent rise in shares of the Big Five tech companies in the first seven months of 2020. Apple, Amazon, Alphabet, Microsoft and Facebook, the five largest publicly traded companies in the U.S., now account for 20 percent of the entire stock market’s total value. Meanwhile, according to Credit Suisse, all other stocks, fell a combined 6 percent. Apple’s valuation hit $2 trillion, the first U.S. company to do so, and only 21 weeks after its $1 trillion valuation. Continue reading Big Five Tech Companies Dominate the Rise in Stock Market

Unsecured Databases Leak 235 Million Social Media Profiles

On August 1, security research firm Comparitech, led by Bob Diachenko, discovered a massive data leak of nearly 235 million Instagram, TikTok and YouTube user profiles. The leak was due to an unsecured database, which is quickly becoming a widespread cause of similar breaches. An audit of the dark web found about 15 billion stolen logins from 100,000 such unsecured database breaches. The data leak discovered by Diachenko and his team was spread across several datasets, including two of 100 million each of Instagram users. Continue reading Unsecured Databases Leak 235 Million Social Media Profiles

Facebook Struggles to Contain Health Misinformation, QAnon

According to global civic movement Avaaz, over the past year Facebook enabled 3.8 billion views of misinformation related to health, almost four times the views of sites such as the World Health Organization (WHO) and Centers for Disease Control (CDC). This has occurred despite Facebook’s partnership with these organizations to expose users to reliable information. In another effort to squelch misinformation, Facebook removed 790 QAnon groups and restricted another 1,950 groups, 440 pages and 10,000+ Instagram accounts. Continue reading Facebook Struggles to Contain Health Misinformation, QAnon

Oracle Joins Microsoft and Twitter as Latest to Pursue TikTok

Oracle Corporation is making a bid to buy the U.S. operations of TikTok, and President Trump has voiced his approval. Oracle cofounder and chair Larry Ellison held a fundraiser for Trump at his house earlier this year, and Oracle chief executive Safra Catz worked on Trump’s transition team in 2016. According to sources, Oracle has engaged in some preliminary conversations with minority TikTok owners, but it is unknown if the talks have advanced. Microsoft has also been in talks with TikTok and Twitter has explored a purchase. Continue reading Oracle Joins Microsoft and Twitter as Latest to Pursue TikTok

Twitter Hack Technique Is Being Replicated for Other Attacks

Last month, three alleged hackers were arrested for manipulating Twitter to control 45 accounts of high-profile figures including Jeff Bezos, Joe Biden and Elon Musk. Now, the technique these young malefactors used — dubbed “phone spear phishing” — is being used by so many other bad actors that experts dub it a crime wave. Phone spear phishing, also known as “vishing,” a mashup of “voice phishing,” has been used this last month to attack banks, web hosting companies and cryptocurrency exchanges, said investigators. Continue reading Twitter Hack Technique Is Being Replicated for Other Attacks

Apple Music Debuts New Stations, Renames Flagship Beats 1

Apple unveiled two live radio stations on Apple Music, available in 165 countries, and renamed its flagship station, Beats 1, as Apple Music 1. Apple Music Hits will showcase top songs from the 1980s, 1990s and 2000s, and Apple Music Country will highlight country music. Apple Music’s Beats 1, which launched in 2015, has become a popular destination for music listening and offers in-depth artist interviews as well as global exclusives and premieres. The station also promotes human curation and artist camaraderie. Continue reading Apple Music Debuts New Stations, Renames Flagship Beats 1

Some DOJ Lawyers Warn of a ‘Rush’ to Bring Google Lawsuit

The Justice Department and Attorney General William Barr plan to bring an antitrust lawsuit against Google as soon as this summer, but not all of the DOJ staffers are happy with what they say is an “aggressive timeline.” Critics believe that the case isn’t ready for trial and that they need more time to determine if the “millions of pages of documents” contain enough evidence to win the case. But Deputy Attorney General Jeff Rosen stated that the case is “a major priority” and the DOJ is “going full-tilt.”

Continue reading Some DOJ Lawyers Warn of a ‘Rush’ to Bring Google Lawsuit

Advertising Opportunities Emerge for Mobile During Pandemic

App Annie reported that, in the first half of 2020, users spent 1.6 trillion hours on mobile devices, a big leap from the same period in 2019. App Annie market insights director Amir Ghodrati stated that, even if millions of people are out of work, it’s crucial for brands and companies to advertise on mobile devices, to acquire new users and enable them to set up new app habits. According to App Annie, psychologists say it takes an average of 66 days to form a habit. As the coronavirus pandemic continues, those habits are solidifying. Continue reading Advertising Opportunities Emerge for Mobile During Pandemic

Epic Requests Stay of Its Ban From Apple Developer Program

The dispute between Apple and Epic Games over in-app payments has heated up, with the “Fortnite” game developer accusing Apple of threatening to remove it from the Apple Developer Program, thus blocking its access to iOS and macOS developer tools. Apple said it would do so by August 28 if Epic Games does not comply with its App Store rules. Epic has asked a federal judge to issue a stay, claiming the ban would cause “unquantifiable and irreparable” damage to the company and its 350 million registered players. Continue reading Epic Requests Stay of Its Ban From Apple Developer Program

Charter Can Charge Video Services for Network Connections

In a 2-1 vote, the U.S. Court of Appeals for the District of Columbia Circuit ruled that Charter Communications can charge Netflix and other video streaming services for network interconnection. That overturned one of the merger conditions imposed by the Obama administration when, in 2016, Charter purchased Time Warner Cable and Bright House Networks. FCC chair Ajit Pai set the stage for the court overturning these conditions by not defending their merits in court. The Competitive Enterprise Institute (CEI) filed the suit. Continue reading Charter Can Charge Video Services for Network Connections

China & U.S. Both Stand to Lose in Current Technology Battle

The current U.S.-China tensions over technology may result in both countries being impeded from achieving their targets: China’s aim to build a modern technocratic state and the U.S.’s efforts to continue to build lucrative businesses with China’s huge market. U.S. Internet companies are already barred by China’s Great Firewall, and now the U.S. is targeting Huawei Technologies, ByteDance’s TikTok and Tencent Holdings’ WeChat. Secretary of State Mike Pompeo proposed a “Clean Network” free of Chinese apps and other technology. Continue reading China & U.S. Both Stand to Lose in Current Technology Battle

Trump’s Latest Order Gives ByteDance 90 Days to Sell TikTok

President Trump issued another executive order, this one setting a 90-day deadline for Beijing-based ByteDance to sell its U.S. TikTok operations. Trump has repeatedly cited national security as his rationale, but ByteDance denies it allows China access to TikTok data. This recent order specifies that ByteDance must destroy all data from U.S. TikTok users, inform the Committee on Foreign Investment in the United States (CFIUS) when it has done so and re-certify this on a weekly basis. Last week’s order banned TikTok in the U.S. in 45 days. Continue reading Trump’s Latest Order Gives ByteDance 90 Days to Sell TikTok