Scott Olson

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A Russian hacker just admitted his role in the largest known data breach the US ever prosecuted

According to prosecutors, 34-year-old Vladimir Drinkman admitted to participating in a "worldwide hacking and data breach scheme that targeted major corporate networks, compromised more than 160 million credit card numbers" that "resulted in hundreds of millions of dollars in losses."<p>Drinkman was …

Corruption

Your Diamond Ring Might Explain the Origin of Life on Earth

A geochemist re-examines the deep carbon cycle<p>In 1958, the Smithsonian Institution received a plain paper package in the mail. The only hint of its contents was the insurance on the brown carton, registered for one million dollars. Nestled inside the box sat the largest known blue diamond in the …

Simulating 1 second of real brain activity takes 40 minutes and 83K processors

Advertisement<p>32 Comments<p>Credit: Shutterstock / StudioSmart<p>A team of Japanese and German researchers have carried out the largest-ever simulation of …

Tax havens offer US multinationals a fantastic deal, and so will tax reform

Attempts to reform the US corporate tax rate have been falling flat for many reasons, but chief among them is that multinationals enjoy such a good deal from tax havens: a 6.9% average tax rate on billions of overseas cash.<p>Eighty-two of the the one hundred largest US companies take advantage of tax …

Tax Havens

Tentative Samsung smartwatch design unearthed in Korean patents

While Samsung hasn't been shy about its desire to build a new smartwatch, we've had few clues as to what that wristwear could look like. However, <i>Moveplayer</i> has uncovered a trio of Korean design patents that, combined, could represent a design template. Registered between March and May, the patents …

The materials breakthrough that might lead to computers thousands of times faster

As the technology for making silicon circuitry smaller, faster and less power-thirsty approaches the limits of physics, scientists have tried out many materials in the search for an alternative to silicon. New research by a team at the US Department of Energy’s SLAC National Accelerator Laboratory …

Nanotech

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SIM Cards Have Finally Been Hacked, And The Flaw Could Affect Millions Of Phones

Smartphones are susceptible to malware and carriers have enabled NSA snooping, but the prevailing wisdom has it there’s still one part of your mobile phone that remains safe and un-hackable: your SIM card.<p>Yet after three years of research, German cryptographer Karsten Nohl claims to have finally …

Stunning Images from Easter Island

Photographer Chaney Kwak visited this remote island and found dramatic landscapes and ancient stone ruins.<p>Courtesy of Conde Nast Traveler

Everything You Need to Know About Detroit's Bankruptcy

Here's how the Motor City got here, and where bankruptcy could take it<p>Reuters<p>After decades of decline, Detroit is broke. On Thursday, the Motor City filed for the largest municipal bankruptcy in U.S. history on its $18 billion of debt, and faces a future where only one thing is certain: lots of …