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Businesses

New Global Plan Would Crack Down On Corporate Tax Avoidance 228

Posted by Soulskill
from the bring-our-benjamins-home dept.
HughPickens.com writes: Reuters reports that plans for a major rewriting of international tax rules have been unveiled by the Organisation for Economic Co-operation and Development (OECD) that could eliminate structures that have allowed companies like Google and Amazon to shave billions of dollars off their tax bills. For more than 50 years, the OECD's work on international taxation has been focused on ensuring companies are not taxed twice on the same profits (and thereby hampering trade and limit global growth). But companies have been using such treaties to ensure profits are not taxed anywhere. A Reuters investigation last year found that three quarters of the 50 biggest U.S. technology companies channeled revenues from European sales into low tax jurisdictions like Ireland and Switzerland, rather than reporting them nationally.

For example, search giant Google takes advantage of tax treaties to channel more than $8 billion in untaxed profits out of Europe and Asia each year and into a subsidiary that is tax resident in Bermuda, which has no income tax. "We are putting an end to double non-taxation," says OECD head of tax Pascal Saint-Amans.For the recommendations to actually become binding, countries will have to encode them in their domestic laws or amend their bilateral tax treaties. Even if they do pass, these changes are likely 5-10 years away from going into effect.
Speaking of international corporate business: U.K. mainframe company Micro Focus announced it will buy Attachmate, which includes Novell and SUSE.
Australia

Quickflix Wants Netflix To Drop Australian VPN Users 157

Posted by timothy
from the all-we-want-is-a-captive-audience dept.
ashshy writes 200,000 Australian residents reportedly use Netflix today, tunneling their video traffic to the US, UK, and other Netflix markets via VPN connections. A proper Netflix Down Under service isn't expected to launch until 2015. Last week, Aussie video streaming company Quickflix told Netflix to stop this practice, so Australian viewers can return to Quickflix and other local alternatives. But Quickflix CEO Stephen Langsford didn't explain how Netflix could restrict Australian VPN users, beyond the IP geolocating and credit card billing address checks it already runs. Today, ZDNet's Josh Taylor ripped into the absurdity of Quickflix's demands. From the article: "If Netflix cuts those people off, they're going to know that it was at the behest of Foxtel and Quickflix, and would likely boycott those services instead of flocking to them. If nothing else, it would encourage those who have tried to do the right thing by subscribing and paying for content on Netflix to return to copyright infringement."
Medicine

Artificial Spleen Removes Ebola, HIV Viruses and Toxins From Blood Using Magnets 104

Posted by samzenpus
from the cleaning-the-system dept.
concertina226 writes Harvard scientists have invented a new artificial spleen that is able to clear toxins, fungi and deadly pathogens such as Ebola from human blood, which could potentially save millions of lives. When antibiotics are used to kill them, dying viruses release toxins in the blood that begin to multiply quickly, causing sepsis, a life-threatening condition whereby the immune system overreacts, causing blood clotting, organ damage and inflammation. To overcome this, researchers have invented a "biospleen", a device similar to a dialysis machine that makes use of magnetic nanobeads measuring 128 nanometres in diameter (one-five hundredths the width of a single human hair) coated with mannose-binding lectin (MBL), a type of genetically engineered human blood protein.
Google

Google's Android One Initiative Launches In India With Three $100 Phones 50

Posted by samzenpus
from the cheap-at-twice-the-price dept.
An anonymous reader writes Google has unveiled its first set of Android One low-cost smartphones in the Indian market, partnering with Indian hardware vendors Spice, Micromax and Karbonn. The three phones will be available online on Flipkart, Amazon and Snapdeal and via Reliance Digital, Croma and The Mobile Store, offline. The phones provide a minimum set of features determined by Google, which has sourced several of the components to help cut manufacturing costs. The company has also teamed up with a local network to make it cheaper to download Android updates and new apps.
Microsoft

Microsoft To Buy Minecraft Maker Mojang For $2.5 Billion 321

Posted by samzenpus
from the big-fish dept.
jawtheshark writes The rumors were true. Mojang, the company behind Minecraft, is being sold to Microsoft. Of course, the promise is to keep all products supported as they are. From the article: "Microsoft said it has agreed to buy Mojang AB, the Swedish video game company behind the hit Minecraft game, boosting its mobile efforts and cementing control of another hit title for its Xbox console. Minecraft, which has notched about 50 million copies sold, will be purchased by Microsoft for $2.5 billion, the company said in a statement. The move marks the tech giant's most ambitious video game purchase and the largest acquisition for Satya Nadella, its new chief executive. Minecraft is more than a great game franchise - it is an open world platform, driven by a vibrant community we care deeply about, and rich with new opportunities for that community and for Microsoft,' Nadella said in a statement."
Music

Apple Outrages Users By Automatically Installing U2's Album On Their Devices 595

Posted by samzenpus
from the do-not-want dept.
Zanadou writes "Apple may have succeeded at breaking two records at once with the free release of U2's latest album, titled Songs of Innocence, via iTunes. But now, it looks like it's also on track to become one of the worst music publicity stunts of all time. Users who have opted to download new purchases to their iPhones automatically have found the new U2 album sitting on their phones. But even if iTunes users hadn't chosen automatic downloads, Songs of Innocence will still be displayed as an "iTunes in the Cloud" purchase. That means it will still be shown as part of your music library, even if you delete all the tracks. The only way to make the U2 album go away is to go to your Mac or PC and hide all of your "iTunes in the Cloud" purchases, or to use iTunes to manually hide each track from your purchased items list. Other reactions include rapper Tyler, The Creator saying that having the new U2 album automatically downloaded on his iPhone was like waking up with an STD. Update: 09/16 15:06 GMT by T : Note: Apple has released a fix.
United Kingdom

School Installs Biometric Fingerprint System For Cafeteria 229

Posted by samzenpus
from the paying-with-one-finger dept.
An anonymous reader writes with news about a school in England that has introduced a cashless cafeteria system that is raising some privacy concerns among some. Stourbridge students will soon be able to pay for their lunch without searching their pockets for change. Redhill School has spent £20,000 updating its dining facilities and introducing a cashless catering system. The system will allow parents to deposit funds into students catering accounts, to be debited by the pupil's biometric fingerprint scan at the point of sale. Headteacher Stephen Dunster said: "The benefits are that pupils are less likely to lose cash, parents know their children are using their dinner money to buy nutritious food and there will also be a system to alert staff if students are purchasing food that they may be allergic to."
Biotech

Medical Milestone: Scientists Reset Human Stem Cells 74

Posted by Soulskill
from the just-power-cycle-them dept.
SternisheFan sends news that researchers from the University of Cambridge have made a breakthrough in the production of human pluripotent stem cells. The goal when developing this kind of stem cell is to have them as early in the cell's lifecycle as possible, so that they're more like true embryonic stem cells and can fulfill whatever role is needed. But all of them made so far are advanced slightly down their developmental pathway. The new work, published in the journal Cell (abstract), has found a way to "reset" the cells by introducing two genes that induce a developmental "ground state."
Power

Liquid Sponges Extract Hydrogen From Water 113

Posted by Soulskill
from the solid-sponges-are-so-2013 dept.
New submitter gaelfx writes: Researchers at Glasglow University have an interesting method for separating the hydrogen out of water: Liquid Sponges. Most methods of extracting the hydrogen involve some form electrolysis, but these generally require some pretty expensive materials. The researchers claim that they can accomplish this using less electricity, cheaper materials and 30 times faster to boot. With both Honda and Toyota promising hydrogen fuel cell cars in Japan within the next few years (other manufacturers must be considering it as well, if not as publicly), does this spell a new future for transportation technology?
Crime

Turning the Tables On "Phone Tech Support" Scammers 208

Posted by timothy
from the mouthwatering-shadenfreude dept.
mask.of.sanity writes A security pro has released a Metasploit module that can take over computers running the Ammyy Admin remote control software popular among "Hi this is Microsoft, there's a problem with your computer" tech support scammers. The hack detailed in Matthew Weeks' technical post works from the end-user, meaning victims can send scammers the hijacking exploit when they request access to their machines. Victims should provide scammers with their external IP addresses rather than their Ammyy identity numbers as the exploit was not yet built to run over the Ammyy cloud, according to the exploit readme. This is much more efficient than just playing along but "accidentally" being unable to follow their instructions.
United Kingdom

UK Ham Radio Reg Plans To Drop 15 min Callsign Interval and Allow Encryption 104

Posted by samzenpus
from the new-rules dept.
First time accepted submitter product_bucket writes A consultation published by the UK Radio Regulator Ofcom seeks views on its plan to remove the mandatory 15 minute callsign identifier interval for amateur radio licensees. The regulator also intends to permit the use of encryption by a single volunteer emergency communications organization. The consultation is open until 20th October, and views are sought by interested parties.
Space

Universal Big Bang Lithium Deficit Confirmed 170

Posted by samzenpus
from the would-you-like-to-try-another-alkali-metal? dept.
An anonymous reader writes New observations of the star cluster Messier 54 show that it is just as deficient in lithium as our own galaxy, furthering a mystery about the element's big bang origins. "Most of the light chemical element lithium now present in the Universe was produced during the Big Bang, along with hydrogen and helium, but in much smaller quantities. Astronomers can calculate quite accurately how much lithium they expect to find in the early Universe, and from this work out how much they should see in old stars. But the numbers don't match — there is about three times less lithium in stars than expected. This mystery remains unsolved, despite several decades of work."
United Kingdom

Hidden Archeology of Stonehenge Revealed In New Geophysical Map 28

Posted by samzenpus
from the where-the-banshees-live-and-they-do-live-well dept.
An anonymous reader writes Utilizing a comprehensive array of remote sensing technology and non-invasive geophysical survey equipment, researchers working on the site of Stonehenge in Wiltshire, England have revealed hundreds of previously unknown features buried deep beneath the ground as part of the Stonehenge Hidden Landscapes Project. The finds include images of dwellings from the Bronze and Iron Ages as well as details of buried Roman settlements never before seen."
Google

5 Million Gmail Passwords Leaked, Google Says No Evidence Of Compromise 203

Posted by samzenpus
from the big-list dept.
kierny writes After first appearing on multiple Russian cybercrime boards, a list of 5 million Google account usernames — which of course double as email usernames — are circulating via file-sharing sites. Experts say the information most likely didn't result from a hack of any given site, including Google, but was rather amassed over time, likely via a number of hacks of smaller sites, as well as via malware infections. Numerous commenters who have found their email addresses included in the list of exposed credentials say the included password appears to date from at least three years ago, if not longer. That means anyone who's changed their Google/Gmail password in the last three years is likely safe from account takeover.
Space

SpaceX and Boeing Battle For US Manned Spaceflight Contracts 123

Posted by Soulskill
from the fly-me-to-the-moon dept.
An anonymous reader writes: $3 billion in funding is on the line as private space companies duke it out for contracts to end U.S. reliance on Russian rockets for manned spaceflight. The two biggest contenders are SpaceX and Boeing, described as "the exciting choice" and "the safe choice," respectively. "NASA is charting a new direction 45 years after sending humans to the Moon, looking to private industry for missions near Earth, such as commuting to and from the space station. Commercial operators would develop space tourism while the space agency focuses on distant trips to Mars or asteroids." It's possible the contracts would be split, giving some tasks to each company. It's also possible that the much smaller Sierra Nevada Corp. could grab a bit of government funding as well for launches using its unique winged-shuttle design.
Databases

UK's National Health Service Moves To NoSQL Running On an Open-Source Stack 198

Posted by Soulskill
from the deciding-to-DROP-it dept.
An anonymous reader sends this news from El Reg: The U.K.'s National Health Service has ripped the Oracle backbone from a national patient database system and inserted NoSQL running on an open-source stack. Spine2 has gone live following successful redevelopment including redeployment on new, x86 hardware. The project to replace Spine1 had been running for three years with Spine2 now undergoing a 45-day monitoring period. Spine is the NHS’s main secure patient database and messaging platform, spanning a vast estate of blades and SANs. It logs the non-clinical information on 80 million people in Britain – holding data on everything from prescriptions and payments to allergies. Spine is also a messaging hub, serving electronic communications between 20,000 applications that include the Electronic Prescription Service and Summary Care Record. It processes more than 500 complex messages a second.
China

China's Island Factory 199

Posted by Soulskill
from the built-to-order dept.
An anonymous reader writes: The BBC has a lengthy investigative report about China's efforts to create and expand artificial islands in the South China Sea. They've been going to coral reefs and atolls, dredging the bottom for material, and dumping it on top of the reef to create new land. On at least one of the new islands, China will build an air base large enough for fighter jets to use. This highlights one of China's main reasons for constructing these islands: sovereignty and strategic control of the surrounding area. "The U.S. government does not acknowledge China's claim, and the U.S. Pacific fleet continues to sail regularly through the South China Sea. But the Chinese navy is beginning to grow more assertive. In December 2013 China sailed its brand new aircraft carrier, the Liaoning, into the South China Sea for the first time. Shadowing it, at about 30 nautical miles, came the U.S. Navy cruiser USS Cowpens. A Chinese amphibious assault ship approached and ordered it to leave the area. The commander of the Cowpens refused, saying he was sailing in 'international waters.'"
Medicine

In France, a Second Patient Receives Permanent Artificial Heart 183

Posted by timothy
from the police-won't-need-kill-switches-for-cars dept.
Jason Koebler (3528235) writes One of the most important goals of transhumanist medicine—possessing a perfectly healthy heart—has so far remained elusive. This week, we came a step closer when for the second time ever, a French company implanted a permanent artificial heart in a patient. More than just pumping blood, future artificial hearts will bring numerous other advantages with them. They will have computer chips and wi-fi capacity built into them. We'll control our hearts with our smart phones, tuning down its pumping capacity when we want to sleep, or tuning it up when we want to run marathons. The patient who received the first of these hearts, though he survived for 76 days, died after the heart "stopped after a short circuit, although the exact reasons behind the death were still unknown."
United Kingdom

New DNA Analysis On Old Blood Pegs Aaron Kosminski As Jack the Ripper 135

Posted by timothy
from the everybody's-got-a-theory dept.
It surely won't be the last theory offered, but a century and a quarter after the notorious crimes of Jack the Ripper, an "armchair detective" has employed DNA analysis on the blood-soaked shawl of one of the Ripper's victims, and has declared it in a new book an unambiguous match with Jewish immigrant Aaron Kosminski, long considered a suspect. Kosminski died in 1919 in an insane asylum. The landmark discovery was made after businessman Russell Edwards, 48, bought the shawl at auction and enlisted the help of Dr Jari Louhelainen, a world-renowned expert in analysing genetic evidence from historical crime scenes. Using cutting-edge techniques, Dr Louhelainen was able to extract 126-year-old DNA from the material and compare it to DNA from descendants of [Ripper victim Catherine] Eddowes and the suspect, with both proving a perfect match. (Also at The Independent.) It's not the first time DNA evidence has been used to try to pin down the identity of Jack the Ripper, but the claimed results in this case are far less ambiguous than another purported mitochondrial DNA connection promoted by crime novelist Patricia Cornwell in favor of artist Walter Sickert as the killer in a 2002 book. Update: 09/07 16:03 GMT by T : Corrected Sickert's first name, originally misstated as "William."
Earth

Newly Discovered 60-foot Asteroid About To Buzz By Earth 68

Posted by timothy
from the look-up-below dept.
An asteroid nicknamed "Pitbull" and detected by the University of Arizona observatory atop Mt. Lemmon on August 31st will make a close approach to Earth Sunday; it's predicted to pass at a distance of about 25,000 miles, and to pass over New Zealand. According to the article, The asteroid is a similar size to the rock which caused enormous damage to the city of Chelyabinsk in Siberia. Last year's explosion generated the equivalent energy of more than 20 atomic bombs detonating and left more than 1,000 people injured while damaging thousands of buildings. Astronomers at Nasa, who track the movements of the more than 11,000 near-Earth objects, are confident Pitbull will not strike the planet.

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