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Twitter Acquires Smyte to Fight Abuse, Fraud, and Spam on Its Platform

HIGHLIGHTS Twitter has acquired Smyte It will help the microblogging site limit hate speech and fake news Smyte has immediately shut down its business and API Twitter has announced that it has acquired Smyte, a San Francisco, California-based technology company that offers tools to restrict online spam, abuse, and fraud. The latest acquisition is aimed to help the micro-blogging site uplift its user experience, which it has long been under pressure for. As a result of the new move, Smyte is shutting down its business, though its technology and team will be integrated within Twitter. It could eventually contribute to put a hold on hate speech and limit the circulation of fake news that both are amongst the key challenges for the company that is widely known for giving tweets as a source of public conversation. Launched in 2014 by former Google and Instagram engineers, Smyte has served various large and small clients wi...

IGTV: The new YouTube rival from Instagram

Update: We launched IGTV at an event in San Francisco featuring many of the Instagram creators who’ll make IGTV great. Check out the  video of the event  to learn what IGTV is, how it works and see it come to life.  Word of appreciation from Instagram; "Today, we have two big announcements to share. First, Instagram is now a global community of one billion! Since our launch in 2010, we’ve watched with amazement as the community has flourished and grown. This is a major accomplishment — so from all of us at Instagram, thank you!" Second, we’re announcing our most exciting feature to date: IGTV, a new app for watching long-form, vertical video from your favorite Instagram creators, like LaurDIY posting her newest project or King Bach sharing his latest comedy skit. While there’s a stand-alone IGTV app, you’ll also be able to watch from within the Instagram app so the entire community of one billion can use it from the very start. IGTV is ...

Bithumb: Hackers 'rob crypto-exchange of $32m

This is bithumb worst nightmare ...... An overnight Breach is a big thing to say which created a big deal for them. Leaving all the customers at an edge of a cliff, doubling the fear of lossing their Cash's overnight without trace. The story goes.👇A  leading crypto-coin exchange has halted trade after declaring that hackers had stolen some of the digital currencies it stored. Seoul-based Bithumb said that 35bn won (£24m; $31.6m) worth of cyber-cash had been "seized" overnight, adding that it would fully compensate affected customers. The values of Bitcoin, Ethereum and Ripple all fell on the news. It is the second time in less than a year that Bithumb has been breached. Last July, it acknowledged an employee's PC had been hacked - exposing users' personal details. South Korea's spy agency later accused North Korea of being responsible after the stolen information was used to carry out scams. Cold wallet Bithumb notified a local regulator - ...

BT fined for five million spam emails

BT has been fined £77,000 by the Information Commissioner's Office, after it sent nearly five million nuisance emails to customers. The investigation found that the telecoms company did not have customers' consent for such direct marketing. The 4.9 million emails, sent between December 2015 and November 2016, promoted three charities. BT said it was "disappointed" by the ICO's decision to impose a fine. "This relates to emails concerning charitable fundraising that were sent to some of our customers in 2015-16," it said in a statement. "There was no financial benefit to BT and minimal impact on customers - in fact, almost five million emails elicited just one complaint "We are pleased that the ICO has acknowledged that this was not a deliberate contravention of regulations. "In turn, we have accepted the facts set out by the ICO and have apologised. "We immediately tightened our procedures when the complaint was or...

Practical Quantum Computers Advances at Google, Intel, and several research groups indicate that computers with previously unimaginable power are finally within reach.

Inside the blue cylinders—essentially supercharged refrigerators—spooky quantum-mechanical things are happening where nanowires, semiconductors, and superconductors meet at just a hair above absolute zero. It’s here, down at the limits of physics, that solid materials give rise to so-called  quasiparticles , whose unusual behavior gives them the potential to serve as the key components of quantum computers. And this lab in particular has taken big steps toward finally bringing those computers to fruition. In a few years they could rewrite encryption, materials science, pharmaceutical research, and artificial intelligence. very year quantum computing comes up as a candidate for this Breakthrough Technologies list, and every year we reach the same conclusion:  not yet . Indeed, for years qubits and quantum computers existed mainly on paper, or in fragile experiments to determine their feasibility. (The Canadian company D-Wave Systems has been selling machines it calls qu...

Cryptocurrencies expects the worst nightmare

The Bigger Cryptocurrencies Get, the Worse They Perform: BIS Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS) said on Sunday in its latest warning about the rise of virtual currencies. For any form of money to work across large networks it requires trust in the stability of its value and in its ability to scale efficiently, the BIS, an umbrella group for the world's central banks, said in its annual report. But trust can disappear instantly because of the fragility of the decentralised networks on which cryptocurrencies depend, the BIS said. Those networks are also prone to congestion the bigger they become, according to the BIS, which noted the high transaction fees of the best-known digital currency, Bitcoin, and the limited number of transactions per second they can handle. "Trust can evaporate at any time because of t...

Samsung 'Project V' Foldable Smartphone Spotted in Leaked Images

HIGHLIGHTS Images of Samsung's Project V phone has been leaked The images show a phone with two displays connected by a hinge Samsung said to have cancelled development of this handset Samsung's plans to launch a foldable smartphone have been rumoured for years, and the company recently confirmed it had plans to launch it in 2018. In the meanwhile, leaked images of an alleged foldable smartphone prototype from the South Korean giant have appeared. The leaked images of the handset, dubbed 'Project V', suggest that the company had experimented with a foldable phone a few years back, and ultimately chose to scrap the project. As per the latest images leaked by a tipster on Twitter, spotted by Slashleaks, Samsung's foldable phone was known by the codename Project V and it has been cancelled now. As seen in the images, the Samsung's handset appears to be quite similar to the ZTE Axon M that comes with a dual-screen desi...