The complete moron’s guide to GameStop’s stock roller coaster

Found on Ard Technica on Thursday, 28 January 2021
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Last week, an epic short squeeze had driven GameStop stock up to $40 a share, a roughly 1,500 percent increase from its low point nine months ago. Little did anyone know at the time that this would only be the beginning of the story.

More recently, Melvin Capital Management has seen its value fall 30 percent this month, thanks in no small part to a heavy short position in GameStop. The hedge fund was forced to take a $2.75 billion cash infusion from Citadel to stay solvent in recent days. CNBC reports that Melvin finally closed out its short position Tuesday afternoon, i.e., taking a huge loss rather than redoubling on the short borrowing.

When a hedge fund gets into troubles, there are only tears of joy.

Emotet botnet taken down by international police swoop

Found on BBC News on Wednesday, 27 January 2021
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Europol called it "one of most significant botnets of the past decade" and one of the main "door openers" for computer systems worldwide.

"The most successful and prevalent malware of 2020 by a long way", he said, it had, over the course of the year, sent phishing emails with more than 150,000 different subject lines and 100,000 file names for the attachments.

Good to see it has gone down.

Could Google really leave Australia?

Found on BBC News on Tuesday, 26 January 2021
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The proposed law would mandate that Google has commercial agreements with every news organisation - or enter forced arbitration, something Google says is "unworkable".

It's possible that Google could redirect Australian Google users to the US (or another) country's version of Google. That would likely strip out localised search results, but keep the service accessible.

But it may also be that Google would block Australian users based on their geographic location as determined by an IP (internet) address.

Sure it could. It has done so before in Belgium and Spain.

CentOS is gone—but RHEL is now free for up to 16 production servers

Found on Ars Technica on Monday, 25 January 2021
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Long-standing tradition—and ambiguity in Red Hat's posted terms—led users to believe that CentOS 8 would be available until 2029, just like the RHEL 8 it was based on. Red Hat's early termination of CentOS 8 in 2021 cut eight of those 10 years away, leaving thousands of users stranded.

Although CentOS Stream could be considered appropriate and perfectly adequate for enthusiasts and home-labbers, the lack of a long, well-defined life cycle made it inappropriate for most production use and, especially, production use by shops that chose a RHEL-compatible distribution in the first place.

RedHat has axed the flagship of its portfolio and now hopes to regain some of the lost trust. For the majority, it does not work like that.

When Adobe Stopped Flash Content From Running It Also Stopped A Chinese Railroad

Found on Jalopnik on Sunday, 24 January 2021
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For a select few in China, though, the death of Flash meant being late to work, because the city of Dalian in northern China was running their railroad system on it. Yes, a railroad, run on Flash, the same thing used to run “free online casinos” and knockoff Breakout games in mortgage re-fi ads.

The railroad’s technicians did get everything back up and running, but the way they did this is fascinating, too. They didn’t switch the rail management system to some other, more modern codebase or software installation; instead, they installed a pirated version of Flash that was still operational.

It most likely won't even be fixed or migrated and just keep on running on a pirated and insecure piece of software.

Elon Musk to offer $100 million prize for 'best' carbon capture tech

Found on Reuters on Saturday, 23 January 2021
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Tesla Inc chief and billionaire entrepreneur Elon Musk on Thursday took to Twitter to promise a $100 million prize for development of the “best” technology to capture carbon dioxide emissions.

“Am donating $100M towards a prize for best carbon capture technology,” Musk wrote in a tweet, followed by a second tweet that promised “Details next week.”

Now while this is a great offer, someone who comes up with such a technology can easily make billions from it.

Instacart to Cut 1,900 Jobs, Including Its Only Union Roles

Found on Bloomberg on Friday, 22 January 2021
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Instacart Inc. is cutting about 1,900 employees’ jobs, including 10 workers who recently formed a union, as the company seeks to boost its ranks of contract workers.

“What we found is that our shoppers require training and supervision, which is how you improve the quality of the picking,” Instacart Chief Executive Officer Apoorva Mehta said at the time. “You can’t do that when they are independent contractors.”

Sure, you need a lot of intensive and personal training to go through a shopping list and put the items into your cart. Sorry, but this is no rocket science, and untrained people manage to successfully shop for themselves even.

'Anti-Facebook' MeWe social network adds 2.5 million new members in one week

Found on ZD Net on Thursday, 21 January 2021
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There has been a growing movement away from social media giants such as Facebook and Twitter recently.

Users are getting fed up with relentless privacy violations, surveillance capitalism, political bias, targeting, and newsfeed manipulation by these companies.

Users are becoming disillusioned by the data gathering from platforms such as Facebook. MeWe gives users total control over their data along with privacy no ads, no targeting, no facial recognition, no data mining, and no newsfeed manipulation.

"Too big to fail" does not exist. The sooner Facebook goes down, the better.

DuckDuckGo surpasses 100 million daily search queries for the first time

Found on ZD Net on Wednesday, 20 January 2021
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The achievement comes after a period of sustained growth the company has been seeing for the past two years, and especially since August 2020, when the search engine began seeing more than 2 billion search queries a month on a regular basis. The numbers are small in comparison to Google's 5 billion daily search queries but it's a positive sign that users are looking for alternatives.

Plus, results from Google are getting worse. It's trying to be smart and thinks it knows what you really are looking for, but that fails way too often.

Windows 10 bug corrupts your hard drive on seeing this file's icon

Found on Bleeping Computer on Tuesday, 19 January 2021
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In multiple tests by BleepingComputer, this one-liner can be delivered hidden inside a Windows shortcut file, a ZIP archive, batch files, or various other vectors to trigger hard drive errors that corrupt the filesystem index instantly.

What's worse is, the vulnerability can be triggered by standard and low privileged user accounts on Windows 10 systems.

BleepingComputer's tests also show that you can use this command on any drive, not only the C: drive and that drive will subsequently become corrupted.

A bunch of trolls and pranksters will have a fun time with that.