Microsoft Speech Recognition Now As Accurate As Professional Transcribers

An anonymous reader quotes TechCrunch: Microsoft announced today that its conversational speech recognition system has reached a 5.1% error rate, its lowest so far. This surpasses the 5.9% error rate reached last year by a group of researchers from Microsoft Artificial Intelligence and Research and puts its accuracy on par with professional human transcribers who have advantages like the ability to listen to text several times. Both studies transcribed recordings from the Switchboard corpus, a collection of about 2, 400 telephone conversations that have been used by researchers to test speech recognition systems since the early 1990s. The new study was performed by a group of researchers at Microsoft AI and Research with the goal of achieving the same level of accuracy as a group of human transcribers who were able to listen to what they were transcribing several times, access its conversational context and work with other transcribers. Read more of this story at Slashdot.

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Microsoft Speech Recognition Now As Accurate As Professional Transcribers

Bitcoin Is Forking. Again.

Merely weeks after it was announced that Bitcoin was splitting into two separate entities, the initial version of bitcoin and it’s new “bitcoin cash, ” the network is adding a third version, according to a report. From the article: On Wednesday, a group of bitcoiners scheduled yet another split for the network in November, which would create a third version of bitcoin. So, what makes this version different from the others? Right now, the bitcoin network can sometimes take a long time to process transactions due to so many people using it. This is because the “blocks” of transaction data that get added to bitcoin’s public ledger, the blockchain, are getting full. In the weeks preceding the fork, bitcoin coalesced around a solution called “segregated witness, ” which will change how data is stored in blocks to free up some space when it kicks in later in August. But the size of the blocks themselves will stay at one megabyte on the original bitcoin blockchain. Still, some bitcoiners maintained that the only way to speed bitcoin up for the foreseeable future was to increase the size of blocks themselves. So, a group of bitcoin companies and developers got together and launched a fork called bitcoin cash, which does not include segregated witness. It bumped the size of blocks up to a maximum of eight megabytes. That fork was widely anticipated to be a failure before it happened, but at the time of writing, bitcoin cash is trading above $300 USD per coin, which is comparable to cryptocurrencies like ethereum. Sounds like everyone got what they wanted, right? Oh, no. There’s a third group of bitcoin developers, companies, and users who advocate for a “best of both worlds approach.” This group includes Bitmain, the largest bitcoin infrastructure company in the world, and legendary bitcoin developer Jeff Garzik. They got together back in May and signed what is known as the “New York Agreement, ” which bound them to implement a two megabyte block size increase alongside segregated witness via a hard fork within six months of the time of signing. They call the fork Segwit2x. Now, that’s exactly what’s happening. According to an announcement posted to the Segwit2x GitHub repository, a bitcoin block between one and two megabytes will be created at block 494, 784. Read more of this story at Slashdot.

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Bitcoin Is Forking. Again.

Google Pays Apple $3 Billion Per Year To Remain On the iPhone, Analyst Says

In a note to investors on Monday, Bernstein analyst A.M. Sacconaghi Jr. said Google is paying Apple billions of dollars per year to remain the default search engine on iPhones and iPads. “The firm believes that Google will pay Apple about $3 billion this year, up from $1 billion just three years ago, and that Google’s licensing fees make up a large bulk of Apple’s services business, ” reports CNBC. From the report: “Court documents indicate that Google paid Apple $1 billion in 2014, and we estimate that total Google payments to Apple in FY 17 may approach $3 billion, ” Bernstein analyst A.M. Sacconaghi Jr. said. “Given that Google payments are nearly all profit for Apple, Google alone may account for 5% of Apple’s total operating profits this year, and may account for 25% of total company OP growth over the last two years.” Read more of this story at Slashdot.

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Google Pays Apple $3 Billion Per Year To Remain On the iPhone, Analyst Says

Online Critics Decry Even More Wells Fargo Fraud Scandals

On Saturday author/blogger Cory Doctorow launched a new barrage of criticism towards Wells Fargo: It’s been a whole day since we learned about another example of systematic, widespread fraud by America’s largest bank Wells Fargo (ripping off small merchants with credit card fees), so it’s definitely time to learn about another one: scamming mortgage borrowers out of $43/month for an unrequested and pointless “home warranty service” from American Home Shield, a billion-dollar scam-factory that considers you a customer if you throw away its junk-mail instead of ticking the “no” box and sending it back. $43/month gets you pretty much nothing: people who tried to actually use their AHS insurance found it impossible to get them to actually do anything in exchange for this money. Here’s a quick Wells Fargo fraud scorecard: stealing thousand of cars with fraudulent repos; defrauding mortgage borrowers; blackballing whistelblowers; creating 2, 000, 000+ fraudulent accounts, and stealing millions with fraudulent fees and penalties. Life Pro Tip: if you don’t like banks, join a credit union. Read more of this story at Slashdot.

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Online Critics Decry Even More Wells Fargo Fraud Scandals

Intel Unveils One-Petabyte Storage Servers For Data Centers

Slashdot reader #9, 219 Guy Smiley shared this report on a new breed of high-density flash storage. The Inquirer reports: Intel has unveiled a brand new form factor for solid state disc drives (SSDs)… Intel Optane’s new “ruler” format will allow up to a petabyte of storage on a single 1U server rack… By using 3D-NAND, the ruler crams in even more data and will provide more stability with less chance of catastrophic failure with data loss. The company has promised that the Ruler will have more bandwidth, input/output operations per second and lower latency than SAS… As part of the announcement, Intel also announced a range of “hard drive replacement” SSDs — the S4500 and S4600 0 which are said to have the highest density 32-layer 3D NAND on the market, and are specifically aimed at data centres that want to move to solid state simply and if necessary, in stages. Read more of this story at Slashdot.

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Intel Unveils One-Petabyte Storage Servers For Data Centers

Salesforce Fires Red Team Staffers Who Gave Defcon Talk

Josh Schwartz, Salesforce’s director of offensive security, and John Cramb, a senior offensive security engineer, have been fired by the company after they gave talk at the Defcon security conference talk in Las Vegas last month, reports ZDNet. Schwartz and Cramb were presenting the details of their tool, called Meatpistol, a “modular malware implant framework (PDF)” similar in intent to the Metasploit toolkit used by many penetration testers. The tool, “pitched as taking ‘the boring work’ out of pen-testing to make red teams, including at Salesforce, more efficient and effective”, was anticipated to be released as open source at the time of the presentation, but Salesforce has held back the code. From the report: The two were fired “as soon as they got off stage” by a senior Salesforce executive, according to one of several people who witnessed the firing and offered their accounts. The unnamed Salesforce executive is said to have sent a text message to the duo half an hour before they were expected on stage to not to give the talk, but the message wasn’t seen until after the talk had ended. The talk had been months in the making. Salesforce executives were first made aware of the project in a February meeting, and they had signed off on the project, according to one person with knowledge of the meeting. The tool was expected to be released later as an open-source project, allowing other red teams to use the project in their own companies. But in another text message seen by Schwartz and Cramb an hour before their talk, the same Salesforce executive told the speakers that they should not announce the public release of the code, despite a publicized and widely anticipated release. Later, on stage, Schwartz told attendees that he would fight to get the tool published. Read more of this story at Slashdot.

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Salesforce Fires Red Team Staffers Who Gave Defcon Talk

Cisco Meraki Loses Customer Data in Engineering Gaffe

Cisco has admitted to losing customer data during a configuration change its enginners applied to its Meraki cloud managed IT service. From a report: Specific data uploaded to Cisco Meraki before 11:20 am PT last Thursday was deleted after engineers created an erroneous policy in a configuration change to its US object storage service, Cisco admitted on Friday. The company did say that the issue has been fixed, and while the error will not affect network operations in most cases, it admitted the faulty policy “but will be an inconvenience as some of your data may have been lost.” Cisco hasn’t said how many of its 140, 000+ Meraki customers have been affected. The deleted data includes custom floor plans, logos, enterprise apps and voicemail greetings found on users’ dashboard, systems manager and phones. The engineering team was working over the weekend to find out whether the data can be recovered and potentially build tools so that customers can find out what data has been lost. Read more of this story at Slashdot.

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Cisco Meraki Loses Customer Data in Engineering Gaffe

Font Maker Sues Universal Music Over ‘Pirated’ The Vamps Logo

An anonymous reader writes: Universal Music Group is being sued by HypeForType, which accuses the record label of using “pirated” copies of its fonts for the logo of The Vamps. The font is widely used for artwork, promotion material and merchandising of the popular British band, and the font creator is looking for a minimum of $1.25 million in damages. The font maker has filed a lawsuit accusing the major label of using its “Nanami Rounded” and “Ebisu Bold” fonts without permission. According to a complaint, filed in a New York federal court, Universal failed to obtain a proper license for its use, so they are essentially using pirated fonts. Read more of this story at Slashdot.

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Font Maker Sues Universal Music Over ‘Pirated’ The Vamps Logo

Amazon Suspends Sales of Blu Android Phones Due To Privacy Concerns

CNET reports: Amazon just put budget phone maker Blu in the penalty box. The online retailing giant told CNET that it was suspending sales of phones from Blu, known for making ultra-cheap Android handsets, due to a “potential security issue.” The move comes after security firm Kryptowire demonstrated last week how software in Blu’s phones collected data and sent it to servers in China without alerting people. Blu defended the software, created by a Chinese company called Shanghai Adups Technology, and denied any wrongdoing. A company spokeswoman said at the time it “has several policies in place which take customer privacy and security seriously.” She added there had been no breaches. Blu said it was in a process of review to reinstate the phones at Amazon. Read more of this story at Slashdot.

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Amazon Suspends Sales of Blu Android Phones Due To Privacy Concerns

CNET Pranked By Web Site’s Fake ‘All Out War’ Hack During DEFCON

In a piece describing the paranoid vibe in Las Vegas during the DEFCON convention, CNET reported Friday that the Wet Republic web site “had two images vandalized” with digital graffiti. But their reporter now writes that “my paranoia finally got the best of me, and it turned out to be an ad campaign.” The images included a scribbled beard and eye patch on a photo of bikini model, along with the handwritten message “It’s all out war.” CNET’s updated story now reports that “It looked like a prank you’d see from a mischievous hacker…” When I spotted the vandalism on the Wet Republic site Friday morning, it looked like other attacks I’d seen throughout the week, such as a Blue Screen of Death on a bus ticket machine… Hakkasan, which hosts the event at MGM Grand, said the “vandalism” was part of the cheeky advertisements for a seasonal bikini contest it’s been running since 2015. The “all-out war” is between the models in the competition, not between hackers and clubs. Hakkasan’s spokeswoman said nothing on its network has been compromised. So maybe not everything online in Las Vegas is getting hacked this week, and this n00b learned to calm down the hard way. For that matter, maybe that blue screen of death was also just another random Windows machine crashing. CNET’s reporter made one other change to his article. He removed the phrase “when hackers are in town for Defcon, everything seems to be fair game.” Read more of this story at Slashdot.

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CNET Pranked By Web Site’s Fake ‘All Out War’ Hack During DEFCON