Walmart Monitors Store Registers with AI-Powered Cameras

Walmart is leveraging computer vision tech by Ireland-based Everseen and several other companies in more than 1,000 of its stores to more closely monitor checkouts. The surveillance program is internally referred to as Missed Scan Detection, and uses AI-powered cameras to identify and correct problems such as errors, fraud and theft during the checkout scanning process at self-checkout registers and those run by cashiers. The National Retail Federation notes that U.S. retailers lost an estimated $47 billion in 2017 to such problems. Continue reading Walmart Monitors Store Registers with AI-Powered Cameras

Razer Debuts 3-Screen Project Valerie, Models Stolen at CES

At CES 2017, Razer debuted Project Valerie, an ambitious laptop with three 17-inch 4K displays, two of which slide out from each side, with overlapping bezels at the interlocking edges. Despite the rather large footprint, the system is “surprisingly svelte,” at about one-and-a-half inches thick and 12 pounds, with Razer’s matte black styling and a sturdy unibody enclosure. Project Valerie is based on the Razer Blade Pro, with support of the very powerful Intel Core i7-7700HQ and Nvidia GTX 1080 processors. Continue reading Razer Debuts 3-Screen Project Valerie, Models Stolen at CES

Hackers Steal Data From Half a Billion Yahoo User Accounts

In what could mark the largest-ever theft of personal data, Yahoo has confirmed that more than 500 million of its user accounts were hacked in late 2014. The Internet company is pointing the blame at state-sponsored hackers who reportedly stole names, email addresses, birth dates, phone numbers and encrypted passwords after breaking into the Yahoo network. The company does not believe the hack impacted unprotected passwords or financial data such as payment card or bank account info. The breach was discovered after Yahoo began investigating a claim by hackers who were attempting to sell 280 million usernames and passwords. Continue reading Hackers Steal Data From Half a Billion Yahoo User Accounts

Latest Cryptocurrency Cybertheft Could Shake Faith in Bitcoin

Hong Kong exchange Bitfinex was hacked and funds were stolen, marking a setback for digital currency Bitcoin. Bitfinex director of community and product development Zane Tackett posted on Reddit that 119,756 Bitcoins had been stolen. “Before the hacking was made public, that number of Bitcoins would have been worth about $72 million,” explains The New York Times. “Now that the currency has slumped, the figure is closer to $65 million.” During its investigation, Bitfinex has stopped all trading, deposits and withdrawals. The security breach is the latest in a series of events that could impact the viability of virtual currency. Continue reading Latest Cryptocurrency Cybertheft Could Shake Faith in Bitcoin

Ruling on YouTube Viral Videos Parses Fair Use Versus Theft

The line between “fair use” in copyright law and outright theft has often been unclear, but a recent U.S. District Court ruling drew the line on a case involving Equals Three Studios and viral-video aggregator Jukin Media. Jukin accused Equals Three of illegally taking dozens of clips for use in its own YouTube show. Equals Three sued Jukin, saying its actions were protected by fair use, and that Jukin’s takedown deprived it of ad revenue. The Court’s ruling sides with Equals Three on all but one of the videos under consideration. Continue reading Ruling on YouTube Viral Videos Parses Fair Use Versus Theft

Film Executives Form Alliance in Effort to Combat Online Piracy

Five film companies are forming an antipiracy coalition called the Internet Security Task Force with plans to mobilize small businesses in the gaming, music, software, film and TV industries against online theft of intellectual property. The alliance — comprised of Bloom, FilmNation Entertainment, Millennium, Sierra/Affinity and Voltage Pictures — is considering a range of initiatives, including the launch of a media campaign, more political lobbying efforts, and placing pressure on companies that advertise on pirate websites. Continue reading Film Executives Form Alliance in Effort to Combat Online Piracy

Apple Pay Mobile Payments Service Experiences Growth in Fraud

Banks are scrambling to tighten security measures as Apple’s mobile payments service experiences a growing incidence of fraud. Criminals are lifting credit card numbers and stealing identities through Apple Pay by reportedly exploiting vulnerabilities in the verification process. Some banks may make it too easy for customers to authenticate numbers when adding cards. According to one expert, fraud may account for about 6 percent of Apple Pay transactions, compare to only 0.1 percent of credit card-swiping transactions. Continue reading Apple Pay Mobile Payments Service Experiences Growth in Fraud

New California Law to Require ‘Kill Switch’ on Smartphones

Starting in July of next year, all smartphones sold in California must have a “kill switch,” a software feature that allows smartphone owners to disable a phone after it has been stolen. The “kill switch” will make it more difficult for thieves to resell stolen phones because the phone can only be reactivated with the owner’s correct password. Smartphone manufacturers will be required to ship these phones with the anti-theft technology activated as part of the default settings. Continue reading New California Law to Require ‘Kill Switch’ on Smartphones

GTA V is Fastest in Game History to Reach $1 Billion in Sales

Take-Two Interactive Software announced that it has sold more than 33 million copies of “Grand Theft Auto V” since the game’s launch in September, generating an estimated $1.98 billion in retail sales. The New York-based company claims “GTA V” was the best-selling console game last year in North America, Latin America and Europe — and the fastest title in video game history to reach $1 billion in sales. For additional perspective, it’s worth noting that Take-Two generated $2.4 billion in total revenue for its fiscal year. Continue reading GTA V is Fastest in Game History to Reach $1 Billion in Sales

California Senate Passes Amended Smartphone Kill-Switch Bill

Weeks after the California Senate voted down legislation that would require anti-theft tech in all new smartphones, it has now passed a revised version of the bill after Apple and Microsoft withdrew their opposition. While the legislation is applauded by law enforcement groups, it is still opposed by some wireless carriers, and could face an uphill battle in the state Assembly. If passed, kill-switch technology would be required for phones sold in California that are manufactured after July 1, 2015. Continue reading California Senate Passes Amended Smartphone Kill-Switch Bill

Carriers and Smartphone Makers Commit to Anti-Theft Tech

Last week, the five largest U.S. cellular carriers and leading smartphone makers announced a voluntary commitment to add new anti-theft tech to devices being released next year. Supporting companies include Apple, Google, HTC, Huawei, Microsoft, Motorola, Nokia and Samsung. The commitment means that devices sold after July 2015 will have the ability to allow users to wipe data remotely, and prevent the device from being reactivated without permission from the owner. Continue reading Carriers and Smartphone Makers Commit to Anti-Theft Tech

CreativeFuture: Coalition Looks at Solutions to Online Piracy

Independent film executive Ruth Vitale — who has held positions at New Line Cinema, Paramount Classics and First Look Studios — was recently named executive director of CreativeFuture, a coalition of movie and television producers, unions and companies that is aiming to steer Hollywood’s digital future. After tech giants convinced Congress that proposed antipiracy laws were too restrictive of online freedom, the film and television industries remain threatened by online piracy. CreativeFuture hopes to change that. Continue reading CreativeFuture: Coalition Looks at Solutions to Online Piracy

TV Networks Battle Aereo, Gain Support of Justice Department

ABC, CBS, Fox and NBC filed a 59-page brief to the Supreme Court a few weeks ago that detailed how online video startup Aereo is stealing their programming and undermining the TV business model. The filing also noted that “a ruling against Aereo would pose no threat to innovative online-distribution services such as Hulu, Netflix, and Amazon,” since those services “pay for the right to use copyrighted content.” In a Supreme Court filing yesterday, the Justice Department backed the networks in their fight with Aereo. Continue reading TV Networks Battle Aereo, Gain Support of Justice Department

Notorious Markets List: MPAA Points Out Global Piracy Sites

Following last month’s report by major Hollywood studios stating that 82 percent of infringing URLS that point to pirate sites and torrent files come from Google’s search engine, the Motion Picture Association of America has released a list of major worldwide torrenting sites, cyberblockers, and brick-and-mortar marketplaces. The MPAA is not creating this list to facilitate piracy, but rather to raise awareness in an effort to combat it. Continue reading Notorious Markets List: MPAA Points Out Global Piracy Sites

Verizon: Big Corporations Still Moving to the Public Cloud

Verizon recently released a study that found that NSA surveillance concerns have not decreased the adoption of public cloud services by large corporations. Companies have been increasing their amount of data stored in the cloud. Public clouds remain attractive as they allow companies to decrease or increase the scale of resources, and to share the cost of ownership among users. But some big companies are looking to vendors outside the U.S. to avoid the NSA. Continue reading Verizon: Big Corporations Still Moving to the Public Cloud

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