An anonymous reader writes: A luxury hotel "paid "thousands" in Bitcoin ransom to cybercriminals who hacked into their electronic key system. The "furious" hotel manager says it's the third time their electronic system has been attacked, though one local news site reports that "on the fourth attempt the hackers had no chance because the computers had been replaced and the latest security standards integrated, and some networks had been decoupled." The 111-year-old hotel is now planning to remove all their electronic locks, and return to old-fashioned door locks with real keys. But they're going public to warn other hotels -- some of which they say have also already been hit by ransomware. UPDATE: The hotel's managing director has clarified today that despite press reports, "We were hacked, but nobody was locked in or out" of their rooms.

Read more of this story at Slashdot.

Thursday Google revealed earnings results for 2016 showing the total loss for their "other bets" division had reached $3.6 billion. An anonymous reader quotes CNN : The "other bets" portion of its business includes ambitious projects like self-driving cars, life sciences research and high-speed Internet access... Alphabet shuttered a project to beam Internet to rural areas with solar-powered drones, halted the expansion of its costly Google Fiber effort, and forced Nest to cut costs and pay for its own legal and PR expenses. At the same time, the company has moved other moonshot projects closer to market. In December, Alphabet spun off its self-driving car program into a separate company called Waymo and began working on partnerships with automakers. Google's CFO says going forward they'll "continue to calibrate the magnitude and pace of investments".

Read more of this story at Slashdot.

Thursday Google revealed earnings results for 2016 showing the total loss for their "other bets" division had reached $3.6 billion. An anonymous reader quotes CNN : The "other bets" portion of its business includes ambitious projects like self-driving cars, life sciences research and high-speed Internet access... Alphabet shuttered a project to beam Internet to rural areas with solar-powered drones, halted the expansion of its costly Google Fiber effort, and forced Nest to cut costs and pay for its own legal and PR expenses. At the same time, the company has moved other moonshot projects closer to market. In December, Alphabet spun off its self-driving car program into a separate company called Waymo and began working on partnerships with automakers. Google's CFO says going forward they'll "continue to calibrate the magnitude and pace of investments".

Read more of this story at Slashdot.

Though it is unclear how the mosque caught fire, an online fundraiser seeks to raise $850,000 to rebuild Islamic centre.

Though it is unclear how the mosque caught fire, an online fundraiser seeks to raise $850,000 to rebuild Islamic centre.

Daphne Matziaraki's powerful short documentary follows a Greek captain and his crew as they save refugees off Lesbos.

Daphne Matziaraki's powerful short documentary follows a Greek captain and his crew as they save refugees off Lesbos.

Protests continue for a second day after dozens of travellers and immigrants are detained at US airports since Friday.

Benoit Hamon defeats his centrist rival ex-prime minister Manuel Valls, in a clear victory for the party's left-wing.

Benoit Hamon defeats his centrist rival ex-prime minister Manuel Valls, in a clear victory for the party's left-wing.

Protests continue for a second day after dozens of travellers and immigrants are detained at US airports since Friday.

Lucas123 writes: Toshiba, which invented NAND flash, plans to sell off an as-of-yet undisclosed portion of its memory business, including its solid-state drive unit, to Western Digital. Toshiba is spinning the business off to WD, a business ally, because it hopes in the long run the Toshiba-WD alliance will enable an expansion in NAND flash production capacity and increased efficiency in storage product development... Currently, Toshiba and WD together represent 35% of global NAND flash production; Samsung leads that market with 36% of production. "Toshiba wants to put its memory business in a more stable financial position," said Sean Yang, research director of DRAMeXchange. "Facing mounting operational and competitive pressure, the spun-off entity will be more effective in raising cash to stay afloat or expand"... Toshiba's solvency and fundraising ability are also in trouble because of a $1.9 billion accounting scandal and a multi-billion dollar loss related to a nuclear plant purchase. Last week, Toshiba announced its share price had tumbled 13% after reports that its nuclear power business had lost $4.4 billion.

Read more of this story at Slashdot.

Just a MySQL administration Web-App and CMS System