In the US, Rich Now Work Longer Hours Than the Poor

ananyo (2519492) writes “Overall working hours have fallen over the past century. But the rich have begun to work longer hours than the poor. In 1965 men with a college degree, who tend to be richer, had a bit more leisure time than men who had only completed high school. But by 2005 the college-educated had eight hours less of it a week than the high-school grads. Figures from the American Time Use Survey, released last year, show that Americans with a bachelor’s degree or above work two hours more each day than those without a high-school diploma. Other research shows that the share of college-educated American men regularly working more than 50 hours a week rose from 24% in 1979 to 28% in 2006, but fell for high-school dropouts. The rich, it seems, are no longer the class of leisure. The reasons are complex but include rising income inequality but also the availability of more intellectually stimulating, well-remunerated work.” (And, as the article points out, “Increasing leisure time [among less educated workers] probably reflects a deterioration in their employment prospects as low-skill and manual jobs have withered.”) Read more of this story at Slashdot.

View the original here:
In the US, Rich Now Work Longer Hours Than the Poor

Intentional Backdoor In Consumer Routers Found

New submitter janoc (699997) writes about a backdoor that was fixed only not “Eloi Vanderbeken from Synacktiv has identified an intentional backdoor in a module by Sercomm used by major router manufacturers (Cisco, Linksys, Netgear, etc.). The backdoor was ostensibly fixed — by obfuscating it and making it harder to access. The original report (PDF). And yeah, there is an exploit available …” Rather than actually closing the backdoor, they just altered it so that the service was not enabled until you knocked the portal with a specially crafted Ethernet packet. Quoting Ars Technica: “The nature of the change, which leverages the same code as was used in the old firmware to provide administrative access over the concealed port, suggests that the backdoor is an intentional feature of the firmware … Because of the format of the packets—raw Ethernet packets, not Internet Protocol packets—they would need to be sent from within the local wireless LAN, or from the Internet service provider’s equipment. But they could be sent out from an ISP as a broadcast, essentially re-opening the backdoor on any customer’s router that had been patched.” Read more of this story at Slashdot.

View original post here:
Intentional Backdoor In Consumer Routers Found

OpenSSL Cleanup: Hundreds of Commits In a Week

New submitter CrAlt (3208) writes with this news snipped from BSD news stalwart undeadly.org: “After the news of heartbleed broke early last week, the OpenBSD team dove in and started axing it up into shape. Leading this effort are Ted Unangst (tedu@) and Miod Vallat (miod@), who are head-to-head on a pure commit count basis with both having around 50 commits in this part of the tree in the week since Ted’s first commit in this area. They are followed closely by Joel Sing (jsing@) who is systematically going through every nook and cranny and applying some basic KNF. Next in line are Theo de Raadt (deraadt@) and Bob Beck (beck@) who’ve been both doing a lot of cleanup, ripping out weird layers of abstraction for standard system or library calls. … All combined, there’ve been over 250 commits cleaning up OpenSSL. In one week.'” You can check out the stats, in progress. Read more of this story at Slashdot.

Continue Reading:
OpenSSL Cleanup: Hundreds of Commits In a Week

Investors Value Yahoo’s Core Business At Less Than $0

An anonymous reader writes “Yahoo is most known for its search, email, and news services. But its U.S. web presence is only part of its corporate portfolio. It also owns large stakes in Yahoo Japan and Alibaba (a web services company based in China). Yahoo Japan is publicly traded, and Alibaba is heading toward an IPO, so both have a pretty firm valuation. The thing is: when you account for Yahoo’s share of each and subtract them from Yahoo’s current market cap, you get a negative number. Investors actually value Yahoo’s core business at less than nothing. Bloomberg’s Matt Levine explains: ‘I guess this is fairly obvious, but it leads you to a general theory of the conglomerate discount, which is that a business can be worth less than zero (to shareholders), but a company can’t be (to shareholders). … A fun question is, as fiduciaries for shareholders, should Yahoo’s directors split into three separate companies to maximize value? If YJHI and YAHI are worth around $9 billion and $40 billion, and Core Yahoo Inc. is worth around, I don’t know, one penny, then just doing some corporate restructuring should create $13 billion in free shareholder value. Why not do that?'” Read more of this story at Slashdot.

Continued here:
Investors Value Yahoo’s Core Business At Less Than $0

Paper Microscope Magnifies Objects 2100 Times and Costs Less Than $1

ananyo writes: “If ever a technology were ripe for disruption, it is the microscope. Microscopes are expensive and need to be serviced and maintained. Unfortunately, one important use of them is in poor-world laboratories and clinics, for identifying pathogens, and such places often have small budgets and lack suitably trained technicians. Now Manu Prakash, a bioengineer at Stanford University, has designed a microscope made almost entirely of paper, which is so cheap that the question of servicing it goes out of the window. Individual Foldscopes are printed on A4 sheets of paper (ideally polymer-coated for durability). A pattern of perforations on the sheet marks out the ‘scope’s components, which are colour-coded in a way intended to assist the user in the task of assembly. The Foldscope’s non-paper components, a poppy-seed-sized spherical lens made of borosilicate or corundum, a light-emitting diode (LED), a watch battery, a switch and some copper tape to complete the electrical circuit, are pressed into or bonded onto the paper. (The lenses are actually bits of abrasive grit intended to roll around in tumblers that smooth-off metal parts.) A high-resolution version of this costs less than a dollar, and offers a magnification of up to 2, 100 times and a resolving power of less than a micron. A lower-spec version (up to 400x magnification) costs less than 60 cents.” Read more of this story at Slashdot.

See original article:
Paper Microscope Magnifies Objects 2100 Times and Costs Less Than $1

$250K Reward Offered In California Power Grid Attack

An anonymous reader writes “The Associated Press reports that Pacific Gas & Electric Co. has put up a $250, 000 reward for ‘information leading to an arrest and conviction in a startling attack mounted nearly a year ago on telephone lines and the power grid in Silicon Valley.’ Besides cutting power lines, the attackers also cut AT&T fiber-optic phone lines, thereby denying some people access to 911, and fired shots into a PB&E substation, knocking out 17 transformers in Silicon Valley and causing $15 million in damage. As of this post, the perpetrators are still unidentified and continue to elude the FBI. Meanwhile, the Federal Energy Regulatory Commission (FERC) on Thursday was brought before the Senate Energy Committee to explain why the FERC disseminated via insecure media a sensitive document describing where all the nation’s power grids are particularly sensitive to a physical attack. FERC responded with assurances that databases are currently being scrubbed and procedures being implemented to safeguard critical data.” Read more of this story at Slashdot.

More:
$250K Reward Offered In California Power Grid Attack

Stung By File-Encrypting Malware, Researchers Fight Back

itwbennett (1594911) writes “When Jose Vildoza’s father became the victim of ransomware, he launched his own investigation. Diving into CryptoDefense’s code, he found its developers had made a crucial mistake: CryptoDefense used Microsoft’s Data Protection API (application programming interface), a tool in the Windows operating system to encrypt a user’s data, which stored a copy of the encryption keys on the affected computer. Vildoza and researcher, Fabian Wosar of the Austrian security company Emsisoft, collaborated on a utility called the Emsisoft Decrypter that could recover the encrypted keys. In mid-March Vildoza had launched a blog chronicling his investigation, purposely not revealing the mistake CryptoDefense’s authors had made. But Symantec then published a blog post on March 31 detailing the error.” Read more of this story at Slashdot.

More:
Stung By File-Encrypting Malware, Researchers Fight Back

Yahoo DMARC Implementation Breaks Most Mailing Lists

pdclarry writes: “On April 8, Yahoo implemented a new DMARC policy that essentially bars any Yahoo user from accessing mailing lists hosted anywhere except on Yahoo and Google. While Yahoo is the initiator, it also affects Comcast, AT&T, Rogers, SBCGlobal, and several other ISPs. Internet Engineering Council expert John R. Levine, a specialist in email infrastructure and spam filtering, said, ‘Yahoo breaks every mailing list in the world including the IETF’s’ on the Internet Engineering Task Force (IETF) list. DMARC (Domain-based Message Authentication, Reporting & Conformance) is a two-year-old proposed standard previously discussed on Slashdot that is intended to curb email abuse, including spoofing and phishing. Unfortunately, as implemented by Yahoo, it claims most mailing list users as collateral damage. Messages posted to mailing lists (including listserv, mailman, majordomo, etc) by Yahoo subscribers are blocked when the list forwards them to other Yahoo (and other participating ISPs) subscribers. List members not using Yahoo or its partners are not affected and will receive posts from Yahoo users. Posts from non-Yahoo users are delivered to Yahoo members. So essentially those suffering the most are Yahoo’s (and Comcast’s, and AT&T’s, etc) own customers. The Hacker News has details about why DMARC has this effect on mailing lists. Their best proposed solution is to ban Yahoo email users from mailing lists and encourage them to switch to other ISPs. Unfortunately, it isn’t just Yahoo, although they are getting the most attention.” Read more of this story at Slashdot.

Read More:
Yahoo DMARC Implementation Breaks Most Mailing Lists

Seagate Releases 6TB Hard Drive Sans Helium

Lucas123 (935744) writes “Seagate has released what it said is the industry’s fastest hard drive with up to a 6TB capacity, matching one released by WD last year. WD’s 6TB Ultrastar He6 was hermetically sealed with helium inside, something the company said was critical to reducing friction for additional platters, while also increasing power savings and reliability. Seagate, however, said it doesn’t yet need to rely on Helium to achieve the 50% increase in capacity over it’s last 4TB drive. The company used the same perpendicular magnetic recording technology that it has on previous models, but it was able to increase areal density from 831 bits per square inch to 1, 000. The new drive also comes in 2TB, 4TB and 5TB capacities and with either 12Gbps SAS or 6Gbps SATA connectivity. The six-platter, enterprise-class drive is rated to sustain about 550TB of writes per year — 10X that of a typical desk top drive.” Read more of this story at Slashdot.

Read More:
Seagate Releases 6TB Hard Drive Sans Helium

Dyn.com Ends Free Dynamic DNS

First time accepted submitter mkitchin (1285710) writes in with news about Dyn ending its free DNS service. “For the last 15 years, all of us at Dyn have taken pride in offering a free version of our Dynamic DNS Pro product. What was originally a product built for a small group of users has blossomed into an exciting technology used around the world. That is why with mixed emotions we announced the end of that free hostname program today, officially turning down on May 7th.” Read more of this story at Slashdot.

Read more here:
Dyn.com Ends Free Dynamic DNS