CNN: Tesla’s Net Profit ‘Doesn’t Come From Selling Cars’

“Tesla posted its first full year of net income in 2020 — but not because of sales to its customers,” reports CNN: Eleven states require automakers sell a certain percentage of zero-emissions vehicles by 2025. If they can’t, the automakers have to buy regulatory credits from another automaker that meets those requirements — such as Tesla, which exclusively sells electric …

Hedge fund Melvin sustains 53% loss after Reddit onslaught

Enlarge (credit: Innocenti | Getty Images) Melvin Capital, the hedge fund that was wrongfooted by retail traders who drove up shares in GameStop and other companies it had bet against, lost 53 percent in January, according to people familiar with the firm’s results. The New York-based hedge fund sustained a $4.5 billion fall in its assets from the end of …

A ‘Severe’ Bug Was Found In Libgcrypt, GnuPG’s Cryptographic Library

Early Friday the principal author of GNU Privacy Guard (the free encryption software) warned that version 1.9.0 of its cryptographic library Libgcrypt, released January 19, had a “severe” security vulnerability and should not be used. A new version 1.9.1, which fixes the flaw, is available for download, Help Net Security reports: He also noted that Fedora 34 (scheduled to be …

A 25-Year-Old Bet Comes Due: Has Tech Destroyed Society?

“Twenty five years ago I made a bet in the pages of Wired. It was a bet whether the world would collapse by the year 2020.” So writes the 68-year-old founding executive editor of Wired magazine, Kevin Kelly. He’d made the bet with a “Luddite-loving doomsayer,” according to Wired — author Kirkpatrick Sale. “Sale while a student in the 1950s …

Corporate Trolls? A Covert, Pro-Huawei Influence Campaign on Social Media

“Huawei, the crown jewel of China’s technology industry, has suffered from a sustained American campaign to keep its equipment from being used in new 5G networks around the world,” reports the New York Times. Now they’ve identified “a covert pro-Huawei influence campaign in Belgium about 5G networks.” [Alternate URL here] It began when trade lawyer Edwin Vermulst was paid to …

Is Misinformation on Nextdoor Impacting Local Politics?

Was Nextdoor’s impact on the world exemplified by a crucial funding referendum for the Christina School District of Newark, Delaware? Medium’s tech site OneZero reports: As the 2019 referendum approached, I saw Nextdoor posts claiming that the district was squandering money, that its administrators were corrupt, and that it already spent more money per student than certain other districts with …

Hitchhiker’s Guide To the Galaxy: New Research Says #42 Really Is Our Number

Just 11 months before his death in 2001, famous author Douglas Adams answered questions from Slashdot readers. And Slashdot reader Informativity still remembers how Adams (also a Doctor Who script editor) had included a supercomputer named Deep Thought in his first book which spent 7.5 million years to determine that the answer to the Ultimate Question of Life, the Universe, …

Researchers Try Using CRISPR To Genetically Engineer Zika-Resistant Mosquitoes

A new research study at the University of Missouri is using CRISPR gene-editing technology to produce mosquitoes that are unable to replicate Zika virus and therefore cannot infect a human through biting. Slashdot reader wooloohoo shared an announcement from Cornell’s Alliance for Science: Alexander Franz, an associate professor in the MU College of Veterinary Medicine, collaborated with researchers at Colorado …

Are We Overestimating the Number of COBOL Transactions Each Day?

An anonymous Slashdot reader warns of a possible miscalculation: 20 years ago today, cobolreport.com published an article, according to which there are 30 billion Customer Information Control System/COBOL transactions per day. This number has since been cited countless times… [T]his number is still to be found in the marketing of most COBOL service providers, compiler vendors (IBM, Micro-Focus and others) …

Firefox 85 Isolated Supercookies, But Dropped Progressive Web App Support

Tech blogger Paul Thurrott writes: Firefox 85 now protects users against supercookies, which Mozilla says is “a type of tracker that can stay hidden in your browser and track you online, even after you clear cookies. By isolating supercookies, Firefox prevents them from tracking your web browsing from one site to the next.” It also includes small improvements to bookmarks …