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  1. Russian Shipwreck Allegedly Carrying $130 Billion In Gold Has Been Rediscovered - An anonymous reader quotes a report from Popular Mechanics: A salvage company has located the remains of a Russian warship lost during the the Russo-Japanese War. The battle-damaged cruiser Dmitrii Donskoi was scuttled off the coast of Korea in 1905, reportedly carrying a cargo of gold worth an estimated $130 billion in today's dollars. An international consortium of companies plans to salvage the gold. According to the Telegraph, the Donskoi was found less than a mile off the coast of Ulleung island, at a depth of 1,423 feet in the Sea of Japan. A submersible descended to the wreck and captured an image of the ship's name on the stern in the Cyrillic alphabet. The South Korean Shinil Group, which discovered the wreck, plans to recover the gold sometime later this year with help from companies in China, Canada, and the U.K. At the time of her sinking Donskoi was reportedly carrying 5,500 boxes of gold bars and 200 tons of gold coins with a street value today of $130 billion. That's more than twice Russia's 2017 defense budget, which was $61 billion. If the treasure does materialize, the Russian government will receive half of the recovered amount. The money that's not going to Russia will reportedly be invested in a railroad line linking North Korea, South Korea, and Russia. A small percentage (10%) will also be invested in tourism projects on Ulleungdo Island, including a museum dedicated to the vessel.

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  2. Leaked Documents Show Facebook's 'Threshold' For Deleting Pages, Groups - Facebook has repeatedly referenced to lawmakers a "threshold" that must be reached before the platform decides to ban a particular page for violating the site's policies, but it hasn't discussed its guidelines publicly. Motherboard has obtained internal Facebook documents laying out what this threshold is for multiple types of different content, including some instances of hate speech. From the report: One Facebook moderator training document for hate speech says that for Pages -- Facebook's feature for sections dedicated to, say, a band, organization, public figure, or business -- the Page admin has to receive 5 "strikes" within 90 days for the Page itself to be deleted. Alternatively, Facebook moderators are told to remove a Page if at least 30 percent of the content posted by other people within 90 days violates Facebook's community standards. A similar 30 percent-or-over policy exists for Facebook Groups, according to the document. In a similar vein, another hate speech document says that a profile should be taken down if there are 5 or more pieces of content from the user which indicate hate propaganda, photos of the user present with another identifiable leader, or other related violations. Although the documents obtained by Motherboard were created recently, Facebook's policies change regularly, so whether these exact parameters remain in force is unclear. Of course this still depends on moderators identifying and labeling posts as violating to reach that threshold. [...] Another document focused on sexual content says moderators should unpublish Pages and Groups under the basis of sexual solicitation if there are over 2 "elements," such as the Page description, title, photo, or pinned post, that include either explicit solicitation of nude imagery, or, if the page is more subtle, includes either a method of contact or a location. This slide again reiterates the over 30 percent and 5 admin posts rules found in the hate speech document.

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  3. Corning's New Gorilla Glass 6 Will Let Your Phones Survive 15 Drops - Corning just announced its most durable glass yet: Gorilla Glass 6. "The company says that the glass will survive up to 15 drops from a one meter height and can be 'up to two times better' than Gorilla Glass 5," reports The Verge. From the report: As phones get slimmer and have ever sleeker glass displays, reports have appeared that the slimness may actually cancel out the improvements in new iterations of Gorilla Glass, since thinner glass is weaker glass, even if it's become stronger. Still Corning argues that sleek edge-to-edge displays have actually led to stronger smartphones. Sometimes, in smartphones of previous years, the bezel would crack first, then leading to a weakness in the glass. There's also a tradeoff between drop resistance and scratch resistance, which Corning has admitted to in the past. Corning says that Gorilla Glass 6 will have the same amount of scratch resistance as previous generations. So although the company claims the new generation of Gorilla Glass is "better," you shouldn't expect new phones made with the glass to be more scratch-resistant. The first devices to feature Gorilla Glass 6 are expected to arrive near the end of the year.

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  4. eBay Is Conducting a 'Mass Layoff' In the Bay Area - eBay is planning to slash nearly 300 jobs from Bay Area locations by July 20, calling the cuts a "mass layoff." Those being laid off were informed at the end of June, reports The Mercury News. The San Jose-based company estimated that it would eliminate 224 jobs in San Jose, 41 in San Francisco, and five in Brisbane. From the report: "This action is expected to be permanent," eBay stated in the Employment Development Department filing. "No affected employee has any bumping rights." Over the one-year period that ended in March, eBay lost $1.64 billion on revenues of $9.84 billion, according to information posted on the Yahoo Finance site. During the first quarter that ended March 31, eBay earned $407 million on revenues of $2.58 billion. Compared to the year-ago first quarter, profits were down 60.7 percent and revenue rose 12 percent.

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  5. DeepMind, Elon Musk and Others Pledge Not To Make Autonomous AI Weapons - An anonymous reader quotes a report from Engadget: Yesterday, during the Joint Conference on Artificial Intelligence, the Future of Life Institute announced that more than 2,400 individuals and 160 companies and organizations have signed a pledge, declaring that they will "neither participate in nor support the development, manufacture, trade or use of lethal autonomous weapons." The signatories, representing 90 countries, also call on governments to pass laws against such weapons. Google DeepMind and the Xprize Foundation are among the groups who've signed on while Elon Musk and DeepMind co-founders Demis Hassabis, Shane Legg and Mustafa Suleyman have made the pledge as well. "Thousands of AI researchers agree that by removing the risk, attributability and difficulty of taking human lives, lethal autonomous weapons could become powerful instruments of violence and oppression, especially when linked to surveillance and data systems," says the pledge. It adds that those who sign agree that "the decision to take a human life should never be delegated to a machine." "I'm excited to see AI leaders shifting from talk to action, implementing a policy that politicians have thus far failed to put into effect," Future of Life Institute President Max Tegmark said in a statement. "AI has huge potential to help the world -- if we stigmatize and prevent its abuse. AI weapons that autonomously decide to kill people are as disgusting and destabilizing as bioweapons, and should be dealt with in the same way."

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  6. IBM Wants $167 Million From Groupon Over Alleged Patent Infringement - On Monday, IBM asked a jury to award the company $167 million in a lawsuit against deals site Groupon for using patented technology without authorization. The patents involve e-commerce technology that had already been licensed to Amazon, Facebook, and Alphabet for between $20 million and $50 million per company. "Most big companies have taken licenses to these patents," IBM's lawyer, John Desmarais, said. "Groupon has not. The new kid on the block refuses to take responsibility for using these inventions." Reuters reports: Groupon lawyer J. David Hadden argued that IBM was overreading the scope of its patents and claiming ownership of building blocks of the internet. "A key question for you in this case is whether these patents cover the world wide web," Hadden told jurors. "They do not and that is because IBM did not invent the world wide web." An IBM executive is expected to testify during the two-week trial about licensing deals with technology companies like Amazon and Google, providing a rare glimpse into IBM's efforts to derive revenue from its large patent portfolio. The Armonk, New York-based company invests heavily in research and development and has secured more U.S. patents than any other company for the past 25 years.

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  7. Hackers Account For 90 Percent of Login Attempts At Online Retailers - Hackers account for 90% of of e-commerce sites' global login traffic, according to a report by cyber security firm Shape Security. They reportedly use programs to apply stolen data acquired on the dark web -- all in an effort to login to websites and grab something of value like cash, airline points, or merchandise. Quartz reports: These attacks are successful as often as 3% of the time, and the costs quickly add up for businesses, Shape says. This type of fraud costs the e-commerce sector about $6 billion a year, while the consumer banking industry loses out on about $1.7 billion annually. The hotel and airline businesses are also major targets -- the theft of loyalty points is a thing -- costing a combined $700 million every year. The process starts when hackers break into databases and steal login information. Some of the best known "data spills" took place at Equifax and Yahoo, but they happen fairly regularly -- there were 51 reported breaches last year, compromising 2.3 billion credentials, according to Shape. Taking over bank accounts is one way to monetize stolen login information -- in the US, community banks are attacked far more than any other industry group. According to Shape's data, that sector is attacked more than 200 million times each day. Shape says the number of reported credential breaches was roughly stable at 51 last year, compared with 52 in 2016. The best way consumers can minimize these attacks is by changing their passwords.

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  8. Zuckerberg: If Someone Gets Fired For Data Abuse 'It Should Be Me' - Mark Zuckerberg isn't planning to fire himself. At least, not at the moment. From a report: During an interview with Recode's Kara Swisher published Wednesday, the Facebook CEO touched on Russians interfering with US elections, misinformation, data breaches, the company's business model and more. When asked by Swisher who's to blame for the Cambridge Analytica scandal and related data misuse, Zuckerberg said he "designed the platform, so if someone's going to get fired for this, it should be me." Swisher followed up by asking if he was going to fire himself. "Not on this podcast right now," he said. Zuckerberg also defended the social media platform's decision not to kick off conspiracy theory-peddling websites like the far-right InfoWars. From a report: Zuckerberg said that instead of banning websites outright, the company removes individual posts that violate Facebook's terms of service. Posts promoting violence are particularly likely to be taken down, he added. Zuckerberg, who is Jewish, said even Holocaust deniers have a place on the platform as long as they genuinely believe the content they share. "I find that deeply offensive," he said. "But at the end of the day, I don't believe that our platform should take that down because I think there are things that different people get wrong. I don't think that they're intentionally getting it wrong."

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  9. Google Warns Android Might Not Remain Free Because of EU Decision - An anonymous reader quotes a report from The Verge: The EU's decision to force Google to unbundle its Chrome and search apps from Android may have some implications for the future of Android's free business model. In a blog post defending Google's decision to bundle search and Chrome apps on Android, Google CEO Sundar Pichai outlines the company's response to the EU's $5 billion fine. Pichai highlights the fact a typical Android user will "install around 50 apps themselves" and can easily remove preinstalled apps. But if Google is prevented from bundling its own apps, that will upset the Android ecosystem. "If phone makers and mobile network operators couldn't include our apps on their wide range of devices, it would upset the balance of the Android ecosystem," explains Pichai, carefully avoiding the fact that phone makers will no longer be forced to bundle these apps but can still choose to do so. Pichai then hints that the free Android business model has relied on this app bundling. "So far, the Android business model has meant that we haven't had to charge phone makers for our technology, or depend on a tightly controlled distribution model," says Pichai. "But we are concerned that today's decision will upset the careful balance that we have struck with Android, and that it sends a troubling signal in favor of proprietary systems over open platforms." While it may be a bluff to court popular opinion, Google is threatening to license Android to phone makers. "[I]f phone makers can bundle their own browsers instead of Chrome and point search queries toward rivals, then that could have implications for Google's mobile ad revenue, which constitutes more than 50 percent of the company's net digital ad revenue," reports The Verge.

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  10. Robocall Firm Exposes Hundreds of Thousands of US Voters' Records - An anonymous reader shares a report: RoboCent, a Virginia Beach-based political robocall firm, has exposed the personal details of hundreds of thousands of US voters, according to the findings of a security researcher who stumbled upon the company's database online. The researcher, Bob Diachenko of Kromtech Security, says he discovered the data using a recently launched online service called GrayhatWarfare that allows users to search publicly exposed Amazon Web Services data storage buckets. Such buckets should never be left exposed to public access, as they could hold sensitive data.

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