China has rejected an accusation by Washington and its Western allies that Beijing is to blame for a hack of the Microsoft Exchange email system and complained Chinese entities are victims of damaging U.S. cyberattacks. From a report: A foreign ministry spokesman demanded Washington drop charges announced Monday against four Chinese nationals accused of working with the Ministry of State Security to try to steal U.S. trade secrets, technology and disease research. The announcement that the Biden administration and European allies formally blame Chinese government-linked hackers for ransomware attacks increased pressure over long-running complaints against Beijing but included no sanctions. "The United States ganged up with its allies to make unwarranted accusations against Chinese cybersecurity," said the spokesman, Zhao Lijian. "This was made up out of thin air and confused right and wrong. It is purely a smear and suppression with political motives. China will never accept this," Zhao said, though he gave no indication of possible retaliation. China is a leader in cyberwarfare research along with the United States and Russia, but Beijing denies accusations that Chinese hackers steal trade secrets and technology. Security experts say the military and security ministry also sponsor hackers outside the government.

Read more of this story at Slashdot.

The world's largest carbon capture and storage project has failed to meet a crucial target of capturing and burying an average of 80% of the carbon dioxide produced from gas wells in Western Australia over five years. From a report: The energy giant Chevron agreed to the target with the West Australian government when developing its $54 billion Gorgon project to extract and export gas from fields off the WA coast. The five year milestone passed on Sunday. In a statement the energy giant Chevron announced that since operations began in August 2019 it had injected five million tonnes of greenhouse gases underground. According to the independent analyst Peter Milne, that leaves a shortfall of around 4.6 million tonnes, which he estimates would cost about $100 million to offset via carbon credits. The project has national and even international significance, with the oil and gas industry and the federal government declaring the success of carbon capture and storage to be crucial in tackling climate change while making use of fossil fuels. "It is essential we position Australia to succeed by investing now in the technologies that will support our industries into the future, with lower emissions energy that can support Australian jobs," Prime Minister Scott Morrison said in April while announcing $263.7 million in funding to develop carbon capture and storage technology.

Read more of this story at Slashdot.

Payments services company Square will open a new business focused on creating an "open developer platform" to make it easier to provide non-custodial, decentralized financial services, CEO Jack Dorsey said Thursday in a series of tweets. From a report: The still to-be-named division's "primary focus" would be bitcoin, he added. The initiative, which will be led by Mike Brock, would feature "open roadmap, open development and open source," Dorsey tweeted. Brock heads the company's strategic development group. The new division will differ from Square Crypto in that Square will provide direction as well as funding for its work, Dorsey tweeted. Square Crypto is working on the Lightning Development Kit.

Read more of this story at Slashdot.

Electric-car maker Tesla will most likely restart accepting bitcoin as payments, Chief Executive Officer Elon Musk said at a conference on Wednesday. From a report: Musk's comments come after Tesla said in May it would stop accepting bitcoin for car purchases. "Tesla would resume accepting bitcoin, it is most likely" Musk said at the B Word conference, where Square's Jack Dorsey also took part. Musk said he personally owned bitcoin, ethereum and dogecoin, apart from bitcoin that Tesla and SpaceX owned. Musk added that neither he nor any of his companies are selling any bitcoin. "If the price of bitcoin goes down, I lose money. I pump but i don't dump. I would like to see bitcoin succeed," he added.

Read more of this story at Slashdot.

When Vlad Tenev and Baiju Bhatt created the stock trading app Robinhood in 2013, the entrepreneurs declared that their mission was to democratize Wall Street and make finance accessible to all. Now as they prepare to make their company public, they are taking that ethos to a new extreme. From a report: Mr. Tenev and Mr. Bhatt have long discussed how Robinhood's initial public offering would be more open than any other offering that came before it, three people close to the company said. This week, the two founders laid out the details: Robinhood plans to sell as much as a third of its offering, or $770 million of shares, directly to customers through its app. The company added that anyone can participate in a special livestream of its investor presentations this Saturday. The moves are highly unusual and upend the traditional I.P.O. process. No company has ever offered so many shares to everyday investors at the outset; firms typically reserve just 1 or 2 percent of their shares for customers. And investor presentations usually take place behind closed doors with Wall Street firms, which have long had the most access to public offerings. But Mr. Tenev and Mr. Bhatt have made plans since at least 2019 to change the way I.P.O.s are done, said a person familiar with the company who was not authorized to speak publicly. Robinhood also chose Goldman Sachs to lead its offering partly because of the bank's ability to help sell pre-I.P.O. shares -- normally reserved for professionally managed funds -- to thousands of everyday investors on Robinhood's app, another person involved in the offering said.

Read more of this story at Slashdot.

Proposed changes to EU law would force companies that transfer Bitcoin or other crypto-assets to collect details on the recipient and sender. From a report: The proposals would make crypto-assets more traceable, the EU Commission said, and would help stop money-laundering and the financing of terrorism. The new rules would also prohibit providing anonymous crypto-asset wallets. The proposals could take two years to become law. The Commission argued that crypto-asset transfers should be subject to the same anti-money-laundering rules as wire transfers. "Given that virtual assets transfers are subject to similar money-laundering and terrorist-financing risks as wire funds transfers... it therefore appears logical to use the same legislative instrument to address these common issues," the Commission wrote. While some crypto-asset service providers are already covered by anti-money-laundering rules, the new proposals would "extend these rules to the entire crypto-sector, obliging all service providers to conduct due diligence on their customers," the Commission explained. Under the proposals, a company transferring crypto-assets for a customer would be obliged to include their name, address, date of birth and account number, and the name of the recipient.

Read more of this story at Slashdot.

Amid the varied cast of people whose numbers appear on a list of individuals selected by NSO Group's client governments, one name stands out as particularly ironic. Pavel Durov, the enigmatic Russian-born tech billionaire who has built his reputation on creating an unhackable messaging app, finds his own number on the list. From a report: Durov, 36, is the founder of Telegram, which claims to have more than half a billion users. Telegram offers end-to-end encrypted messaging and users can also set up "channels" to disseminate information quickly to followers. It has found popularity among those keen to evade the snooping eyes of governments, whether they be criminals, terrorists or protesters battling authoritarian regimes. In recent years, Durov has publicly rubbished the security standards of competitors, particularly WhatsApp, which he has claimed is "dangerous" to use. By contrast, he has positioned Telegram as a plucky upstart determined to safeguard the privacy of its users at all costs.

Read more of this story at Slashdot.

Microsoft said Wednesday it's acquiring CloudKnox, a start-up whose software helps companies reduce the amount of access they provide to their cloud resources. Terms of the deal weren't disclosed. From a report: The move represents another step Microsoft is taking to expand its security business, in addition to working to keep Windows and its other products secure. In January, Microsoft said it had generated over $10 billion in security revenue in the previous 12 months, up more than 40% year over year, meaning that it's growing faster than most other product areas. Just last week Microsoft announced the acquisition of another security company, RiskIQ, which can spot threats across a given company's entire information-technology footprint. CloudKnox's software works with Microsoft's Azure public cloud, as well as the Amazon and Google clouds. The software spots and can remove cases of permissions for employees and virtual identities that aren't being actively used, and it can show alerts about unusual activity.

Read more of this story at Slashdot.

Wildfire smoke from Canada and the Western United States stretched across North America this week, covering skies in a thick haze, tinting the sun a malevolent red and triggering health alerts from Toronto to Philadelphia. Air quality remained in the unhealthy range across much of the East Coast on Wednesday morning. From a report: The map below, based on modeling from the National Oceanic and Atmospheric Administration, shows how the smoke spread across the country. It reflects fine particulate pollution released by wildfires and does not include pollution from other human sources, like power plants and cars. It's not unprecedented to see smoke travel such long distances, said Roisin Commane, an atmospheric scientist at Columbia University, but it doesn't always descend to the surface. The air quality index, a measure developed by the Environmental Protection Agency, spiked across the Midwest and East Coast this week, with numbers hovering around 130 to 160 in New York City, a range where members of sensitive groups and the general public may experience adverse health effects. (The index runs from 0 to 500; the higher the number, the greater the level of air pollution, with readings over 100 considered particularly unhealthy.)

Read more of this story at Slashdot.

Google is expanding the number of cities where Maps offers information about public transport crowding. The number of cities covered is increasing from around 200 today, to "over 10,000 transit agencies in 100 countries," the company says. As well as crowdedness, Google says Maps is also being updated to offer more information about past travel. From a report: Google Maps' crowdedness information originally launched pre-pandemic in 2019, but over the past year social distancing has made it more important than ever. Crowdedness information is generated from a mixture of historical location data, as well as self-reporting from Maps users on individual trains. Google says it anonymizes the location history data used. As well as expanding the crowdedness predictions to more cities, Google is also making them more granular in New York and Sydney. In these cities users will see how crowded individual train carriages are instead of just general crowding on the transit line. The feature works using data provided by transit agencies themselves, and Google says it plans to expand the capability to more cities soon.

Read more of this story at Slashdot.

A 22-year-old UK national was arrested today in Spain for his role in hacking Twitter's internal network and hijacking high-profile accounts in July last year. From a report: Joseph O'Connor, 22, was arrested today in the city of Estepona, in southern Spain, by Spanish National Police pursuant to a US arrest warrant. O'Connor marks the fourth man linked to the Twitter 2020 hack, after three men were charged and detained on July 31, last year. O'Conner, who went online as "j0e," worked with the other three to gain access to one of Twitter's internal Slack channels. The group found credentials in the Slack workplaces that allowed them to gain access to Twitter's moderation panel.

Read more of this story at Slashdot.

The 13m-long, 20-tonne Nauka laboratory is finally going into orbit after a delay of 14 years.

Poll: Who is responsible for more mass-killing lies?

What if Facebook let you argue privately, one-on-one, with a random anonymous person who takes the other side on an issue you feel passionately about. You can say whatever you want, the other person can opt out at any time, so can you. You can repeat as many times as you like.

Tesla plans to open its network of superchargers to other electric vehicles later this year, Chief Executive Officer Elon Musk said on Twitter. From a report: The electric-car maker's fast charging network, with over 25,000 superchargers globally, has given it a competitive edge. Meanwhile, other carmakers have formed alliances or invested in startups for networks as they rush new electric vehicle entrants to market. "We're making our Supercharger network open to other EVs later this year," Musk said on Tuesday, adding that over time Tesla's charging network will be opened to other electric vehicles in all countries.

Read more of this story at Slashdot.