LG Q92 Getting Stable Android 11 Update
LG Q92 Getting Stable Android 11 Update

LG Q92 is receiving a stable version of the Android 11-based LG UX 10 update. The update is currently rolling out for users in South Korea. There is no confirmation when the update will roll out for devices in other regions, but it is expected to release soon. LG Q92 receives standard Android 11 features along with some LG-exclusive features such as Notch management and some camera features. The 5G-enabled smartphone was launched in August 2020 with Android 10 out-of-the-box and is expected to receive Android 12 down the line.

LG Q92 LG UX 10 update changelog

According to the official announcement on LG’s support website in South Korea, LG Q92 is receiving the stable version of the LG UX 10, based on Android 11, in its home country. The update comes with standard Android 11 features such as categorised notifications, chat bubbles, revised permissions manager, among others. In addition, LG Q92 is also receiving some LG-exclusive features such as Notch management, new camera features like an inbuilt QR scanner, and new lock screen notification styles. The update was spotted by PiunikaWeb.

A report from April 2021 lists some LG devices that are expected to receive Android 11, Android 12, and Android 13. According to that list, LG Q92 is slated to receive both Android 11 and Android 12 but there is no confirmation if LG will bring Android 13 to the smartphone.

There is no information regarding the bundled Android security patch or the size of the update for LG Q92. However, since it is a major OS update, it is advised that the smartphone is updated while it is connected to a strong Wi-Fi and is put on charging. The smartphone is expected to automatically receive the update over-the-air but users can manually check for the update by heading to Settings > System > Update centre.

LG Q92 specifications

LG Q92 was launched in August 2020 and ran Android 10 out-of-the-box. It sports a 6.67-inch full-HD+ display with a hole punch cutout. LG Q92 is powered by a Snapdragon 765G SoC that is paired with 6GB of RAM and 128GB of onboard storage. The quad rear camera setup is headlined by a 48-megapixel primary sensor. There is a 32-megapixel selfie camera as well. It packs 4,000mAh battery.

Why did LG give up on its smartphone business? We discussed this on Orbital, the Gadgets 360 podcast. Later (starting at 22:00), we talk about the new co-op RPG shooter Outriders. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, and wherever you get your podcasts.

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Ransomware attack before holiday leaves companies scrambling
Ransomware attack before holiday leaves companies scrambling

Businesses are rushing to contain a ransomware attack that has paralyzed their computer networks, a situation complicated in the U.S. by offices lightly staffed at the start of the Fourth of July holiday weekend

Businesses rushed Saturday to contain a ransomware attack that has paralyzed their computer networks, a situation complicated in the U.S. by offices lightly staffed at the start of the Fourth of July holiday weekend.

In Sweden, most of the grocery chain Coop’s 800 stores were unable to open because their cash registers weren’t working, according to SVT, the country’s public broadcaster. The Swedish State Railways and a major local pharmacy chain were also affected.

Cybersecurity experts say the REvil gang, a major Russian-speaking ransomware syndicate, appears to be behind the attack that targeted a software supplier called Kaseya, using its network-management package as a conduit to spread the ransomware through cloud-service providers.

Kaseya CEO Fred Voccola said in a statement that the company believes it has identified the source of the vulnerability and will “release that patch as quickly as possible to get our customers back up and running.”

John Hammond of the security firm Huntress Labs said he was aware of a number of managed-services providers — companies that host IT infrastructure for multiple customers — being hit by the ransomware, which encrypts networks until the victims pay off attackers.

“It’s reasonable to think this could potentially be impacting thousands of small businesses,” said Hammond, basing his estimate on the service providers reaching out to his company for assistance and comments on Reddit showing how others are responding.

Voccola said fewer than 40 of Kaseya’s customers were known to be affected, but the ransomware could still be affecting hundreds more companies that rely on Kaseya’s clients that provide broader IT services.

Voccola said the problem is only affecting its “on-premise” customers, which means organizations running their own data centers. It’s not affecting its cloud-based services running software for customers, though Kaseya also shut down those servers as a precaution, he said.

The company added in a statement Saturday that “customers who experienced ransomware and receive a communication from the attackers should not click on any links — they may be weaponized.”

Gartner analyst Katell Thielemann said it’s clear that Kaseya quickly sprang to action, but it’s less clear whether their affected clients had the same level of preparedness.

“They reacted with an abundance of caution,” she said. “But the reality of this event is it was architected for maximum impact, combining a supply chain attack with a ransomware attack.”

Supply chain attacks are those that typically infiltrate widely used software and spread malware as it updates automatically.

Complicating the response is that it happened at the start of a major holiday weekend in the U.S., when most corporate IT teams aren’t fully staffed.

That could also leave those organizations unable to address other security vulnerabilities, such a dangerous Microsoft bug affecting software for print jobs, said James Shank, of threat intelligence firm Team Cymru.

“Customers of Kaseya are in the worst possible situation,” he said. “They’re racing against time to get the updates out on other critical bugs.”

Shank said “it’s reasonable to think that the timing was planned” by hackers for the holiday.

The federal Cybersecurity and Infrastructure Security Agency said in a statement that it is closely monitoring the situation and working with the FBI to collect more information about its impact.

CISA urged anyone who might be affected to “follow Kaseya’s guidance to shut down VSA servers immediately.” Kaseya runs what’s called a virtual system administrator, or VSA, that’s used to remotely manage and monitor a customer’s network.

The privately held Kaseya is based in Dublin, Ireland, with a U.S. headquarters in Miami.

REvil, the group most experts have tied to the attack, was the same ransomware provider that the FBI linked to an attack on JBS SA, a major global meat processor, amid the Memorial Day holiday weekend in May.

Active since April 2019, the group provides ransomware-as-a-service, meaning it develops the network-paralyzing software and leases it to so-called affiliates who infect targets and earn the lion’s share of ransoms.

The Brazil-based meat company said it paid the equivalent of a $11 million ransom to the hackers, escalating calls by U.S. law enforcement to bring such groups to justice.

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The 13 Best PS4 Games with PS5 Upgrades – Review Geek
The 13 Best PS4 Games with PS5 Upgrades – Review Geek

The 13 Best PS4 Games with PS5 Upgrades – Review Geek
Insomniac, Activision, Square Enix

The Sony PlayStation 5 is the company’s most powerful console to date, though there’s still a lack of dedicated PS5 games for the next-gen console. Fortunately, it’s backward compatible with most PS4 games, many of which have seen updates that bring improved graphics and frame rates, along with other enhancements.

Today, we’re going to take a look at some of the best PS4 titles you should play (or replay) on PS5, along with what upgrades you should expect from each.

But first, there are some things you need to know about these updated games. First off, not all upgrades are created equal; depending on the game, it may be a free upgrade (for players who bought the game on PS4) offering simple boosts to the resolution and framerate.

Meanwhile, more substantial updates can change the game’s lighting, utilize the features of the DualSense controller (like haptic feedback and adaptive triggers), or even add new content. Of course, these are a lot more interesting, but they usually cost something extra even if you had the game on PS4.

On top of that, while 4K and 60 FPS are the targets most of the time, it’s not always obtainable. Some titles need to break off these features into separate “Presentation” modes: one prioritizing a stable 60 FPS framerate in exchange for lower resolutions, and vice versa. Many games also make use of dynamic resolutions—this automatically shifts the resolution to maintain performance in system-taxing areas.

We’ll be laying out how each game’s PS5 upgrade works in their respective sections (at least, however much information has been specified by the developer). So, let’s jump into it.

Final Fantasy VII Remake

Final Fantasy VII: Remake brings with it new, action-oriented combat and insanely detailed visuals to one of the best RPGs of all time. Every part of the original experience has been reworked from the ground up, so while the story and world are mostly the same as the original, there’s been a lot of changes. Plot points have been completely reworked, certain characters have been refined, and an entirely new chapter was added. In fact, so much new content is added the 30+ hour campaign only covers 30% of the original game’s story—whether you’ve played the PS1 classic or not, this will feel like a fresh experience.

The PS4 version ran well, but the PS5 can do better either with Performance mode, which keeps the action at 60 FPS; or Graphics mode, which offers dynamic, 4K visuals but is locked to 30 FPS. Regardless of which mode you play in though, improved lighting, fog effects, and textures all make the game look better than on PS4 (alongside other bonuses, such as the new photo mode and haptic feedback).

While everything we’ve talked about so far is free if you owned the game on PS4, there is a new story DLC called “INTERmission” that costs an additional $20 and is exclusive to the PS5. If you didn’t buy the game on PS4, then you can pick up the entire package, INTERmission included, for $69.99.

Days Gone

While Days Gone originally released to mixed reviews, it still won over many people with its excellent open-world gameplay and well-written characters. The game takes place in the Pacific Northwest of the United States, but the world has been ravaged by “Freakers,” which are basically zombies in everything but name. While that’s not exactly an original premise, Days Gone still manages to feel like its own thing as you explore this broken world either on foot or by motorcycle—there’s even a zombie bear, so that’s cool.

A ton of updates have been released since the game first launched fixing issues and adding in new content, but the game recently received its free PS5 upgrade, which adds in dynamic 4K and 60 FPS.

Monster Hunter: World

This is a big game that’s about fighting some big monsters with big weapons. While most games only include a few standout boss fights, in Monster Hunter: Worldeverything you do is in service of fighting the next intimidating monster. There are 14 weapons each with its own playstyle, in-depth character customization both visually and functionally, and so much content to work through that your playtime is likely to break into the triple digits.

The game has seen a major free update on PS5 that enables for 4K and 60 FPS at the same time, which is the perfect excuse to get back into this game (or play it for the first time).

Shadow of the Tomb Raider

The latest entry in the Tomb Raider series, Shadow of the Tomb Raider, sees Lara Croft exploring the ancient city of Paititi to find the mysterious Dagger of Chak Chel. Along the way, you’ll have to deal with enemies, platforming challenges, and puzzles to complete your goals, making this feel like a true adventure. And with a dramatic story and excellent visuals topping everything off, Shadow of the Tomb Raider not only stays faithful to the rest of the series but is a great time for those new to the franchise.

With two presentation modes in the free PS5 upgrade, you can now choose to experience this adventure in either stable 4K or at 60 FPS.

Marvel’s Spider-Man/Marvel’s Spider-Man: Miles Morales

Marvel’s Spider-Man was acclaimed for its excellent story, beautiful visuals, and gameplay that really made you feel like Spider-Man. Slinging around New York City as the iconic hero had never looked and felt so good, and the dramatic story built on top of that gameplay makes everything you do feel more important. With such a solid foundation here, it’s no wonder the same team would go on to release a sequel last year following hero-in-training Miles Morales. He plays very similarly to the normal Spider-Man, but the animations are all-new, he’s got a few tricks up his sleeve (like electricity powers), and there’s a new story to enjoy.

The reason we’re talking about both of these games at once is if you want to play the original game with the PS5’s power, you’ll need to purchase Spider-Man: Miles Morales. After you buy Miles Morales, you’ll be able to purchase a remaster of the original for $19.99 (or just get the Ultimate Edition of Mile Morales for $69.99 to get both). This remaster comes with improved assets, textures, and lighting, along with three presentation modes: Performance mode for 60 FPS; Resolution mode for 4K; and Performance RT mode, which upholds 60 FPS on top of ray tracing.

God of War

When it comes to the PS4’s library, it’s hard not to mention God of WarThis reimagining of the series captured the hearts of many thanks to its beautiful visuals, Norse world, and excellent story. You follow an older Kratos who has moved to Midgard to raise his son, but don’t assume that means Midgard is a safe place to be. Kratos must defend his son in this dangerous new world with many enemies stripped straight from Norse mythology. While the game doesn’t have the chaotic violence prior God of War games were known for, the slower approach to story and gameplay allows for a lot more emotion as you get to experience fatherhood through Kratos’ eyes.

God of War was able to maintain a 4K resolution on PS4 Pro, which is seen in the “Original Performance” mode with a more stable 30 FPS framerate on PS5. On top of that, the free PS5 upgrade adds the “Enhanced Performance” mode lowers the resolution to 2160p for a silky-smooth 60 FPS.

Mortal Kombat 11

The Mortal Kombat series is known for its quality fighting mechanics and over-the-top, brutal finishers, and 11 is no different. There’s a slew of new and old characters, and even a few from outside the franchise like Spawn. If you love fighting games, you’re probably at least familiar with Mortal Kombat, and you’ll definitely be doing yourself a disservice not trying this game out. It’s not all flash and guts, the core fighting mechanics definitely hold up on their own, and there’s even a solid single-player campaign.

Mortal Kombat 11 already successfully achieved 60 FPS on the PS4, but on PS5 it can hit that mark more consistently alongside dynamic 4K and generally improved visuals.

Tony Hawk’s Pro Skater 1 + 2

When it comes to skateboarding games, nothing has beaten out the classic Tony Hawk series, and the Tony Hawk’s Pro Skater 1 + 2 remake does a fantastic job bringing these titles to the modern day. This remake is truly something special with brand-new visuals, the same classic gameplay, and content from the first two games merged into one. Whether you played the originals or not, you’re sure to have fun shredding through these iconic warehouses and skate parks as you pull off tricks and stunts to rack up your score.

The PS5 upgrade comes with two presentation modes: one that runs at 120 FPS at 1080p, and one that runs at 60 FPS at 4K. On top of that, shadows, reflections, and textures have all been improved, so the game looks significantly better than on PS4. You have to pay extra for this upgrade even if you bought it on PS4 (unless you originally bought the Digital Deluxe Edition)—the upgrade costs $10.

STAR WARS Jedi: Fallen Order

STAR WARS Jedi: Fallen Order was EA’s answer to the many requests for a single-player Star Wars adventure, and it definitely delivered. With beautifully realized planets to explore, an excellent cast of characters, and some very well-designed lightsaber combat, Fallen Order captured the Star Wars universe excellently while still feeling fresh. So get ready to embark on a galaxy-spanning adventure to save the future of the Jedi—it’s Star Wars, what else would you be doing?

And if you owned it on PS4, then you can expect much better visuals out of the free PS5 upgrade. There are two presentation modes (one that runs at 60 FPS, and one for 4K while locked to 30 FPS) and improved textures and models to bring this game up to next-gen standards.

Last of Us Part II

The original Last of Us was praised for its masterful story and the well-written relationship between its two main characters: Joel and Ellie. But the Last of Us Part II turns things on its head in many ways—you now primarily control Ellie, the story is darker in tone, and the game takes place five years after the first. With brutal combat, a beautiful, post-apocalyptic world you have to trek through, and one of the best stories in gaming, the Last of Us Part II made a big splash on PS4. So sit back and get ready to see this tale of death, revenge, and redemption to the end.

Last of Us Part II looks fantastic on PS5 with dynamic 4K resolution, but you can pick whether to target 30 or 60 FPS depending on how consistently you want to stay at 4K—the upgrade is free.

Devil May Cry 5

The Devil May Cry series is one of the best action game franchises around, and Devil May Cry 5 is not the game to break that trend. It has chaotic combat where you use everything from guns to motorcycles to defeat enemies, a cast of charming characters each with their own playstyle, and a story about fighting through Hell (literally). It’s a faithful, modern interpretation of the series, and a great action game all-around.

Unlike the other games here, Devil May Cry 5 has no upgrade for PS4 owners, rather it has a new Special Edition you can buy with PS5 enhancements and new content. The framerate and resolution have been significantly improved (there are multiple modes to use which range from adding dynamic 4K to lowering the resolution for 120 FPS), ray tracing was added, there’s a new character to play as, and the new “Legendary Dark Knight” difficulty cranks things up to 11. This edition costs $40 for all players and is without a doubt the definitive way to play the game.

Ghost of Tsushima

The final true PS4 exclusive, Ghost of Tsushimashowed how far the console had evolved over the generation with a beautifully realized open-world set in ancient Japan. Your goal is to prevent the first Mongol invasion of Japan, with slick, stylistic combat. The gameplay, of course, takes heavy influence from real-life samurais, but with a fictional twist (like a grappling hook) to keeps things interesting. Whether you’re interested in the time period or just want a new, big-budget open-world game to fall in love with, you’re going to enjoy Ghost of Tsushima.

And the free PS5 upgrade finally allows this open world to breathe at a stable 60 FPS and 1800p resolution the whole way through.

Crash Bandicoot 4: It’s About Time

The long-awaited 2020 return for Crash Bandicoot impressed many with its colorful visuals, creative story, and incredibly difficult platforming challenges (at least you can disable game overs if you want). Crash Bandicoot 4: It’s About Time is a faithful revival through-and-through, and it feels fantastic to jump around these frustrating stages as Crash once again.

The story follows Crash and the gang traveling through space and time to defeat Neo Cortex and N. Tropy, but you’re not limited to just playing as Crash this time around. There are multiple playable characters each with their own abilities and paths through stages, only giving you more content to sink your teeth into.

The free PS5 upgrade takes things to the next level with 4K, 60 FPS, 3D audio, and it even uses the Dualsense’s adaptive triggers for certain gameplay mechanics. No doubt about it, this is the way Crash 4 was meant to be played.

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Dogecoin Prices Bounced Back Up Briefly After Musk Tweet
Dogecoin Prices Bounced Back Up Briefly After Musk Tweet

Dogecoin price rallied briefly after an Elon Musk tweet, again. The Tesla and SpaceX CEO once again tweeted a joke where he worked in Dogecoin, and predictably, prices went up for a little while. Musk tweeted the popular kid’s song Baby Shark (by South Korean company Pinkfong) but instead of Baby Shark, he wrote Baby Doge. Apparently that was good enough for his fans, who helped the meme currency recover briefly from its downward spiral.

Shortly after Musk’s tweet on Thursday, Dogecoin surpassed the psychological barrier of $0.25 (roughly Rs. 18.69). It has stabilised since and was trading at $0.24 (roughly Rs. 17.94) Friday morning IST, according to CoinDesk. The Dogecoin price in India currently stands at Rs. 18.9, with a 24-hour change of -1.9 percent, in line with the overall trend in the cryptocurrency market prices.

The ‘Baby Shark‘ song became a huge hit on YouTube in November last year. Musk appeared to have used the song’s popularity to reach a wider audience and push the meme currency’s brief rally.

Baby Doge, a Dogecoin spinoff, saw a meteoric rise over the past 24 hours, gaining more than 120 per cent in value, according to CoinMarketCap. Bitcoin’s value continued to go south, losing 3.5 per cent in the past 24 hours, CoinDesk data showed.

Musk has raised concerns about Bitcoin driving up the use of fossil fuels for mining and trading. In a U-turn, his electric vehicle-making company Tesla said it would not accept the world’s largest cryptocurrency as payments, after announcing that it would do so. Of late, Musk has appeared to show more faith in Dogecoin, and his commercial space exploration company SpaceX is set to put “a literal Dogecoin on the literal Moon.”

His latest tweet about Dogecoin has been received well by many of his over 57 million followers.

Another user called Musk the “Daddy Shark”.

A third user posted an edited photograph of Musk and the “Doge” in spacesuits and ready for the Moon mission.

One other user just had fun seeing Musk tweet again about Dogecoin and fuel its rise.

Musk, a self-proclaimed ‘Dogefather’, has often pumped Doge prices by sharing references and memes about the dog-themed crypto on his Twitter account.

Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.
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Former Donald Trump Aide Jason Miller Launches Social Media Site Gettr
Former Donald Trump Aide Jason Miller Launches Social Media Site Gettr

Former US President Donald Trump’s former senior advisor Jason Miller has started a social media site called Gettr, he said on Thursday.

Gettr, a Twitter-style platform with posts and trending topics, advertised itself on the Google and Apple app stores as “a non-bias social network for people all over the world.” It was first reported by Politico.

Miller has for months teased the Trump team’s plans to start a new social media platform, after the former president was blocked by a slew of sites following the January 6 riot where his supporters stormed the Capitol. However, Trump does not have a verified account on Gettr.

Miller told Fox News in an interview that he hoped Trump would join but that the former president was considering a number of options. He said Trump was not funding the platform.

Trump was permanently banned from Twitter and remains suspended by Facebook until at least 2023 and by Alphabet’s YouTube until the company determines the risk of violence has decreased.

Trump, who recently shut down a short-lived blog on his website, joined video platform Rumble last weekend ahead of his campaign-style rally in Ohio.

A Trump spokeswoman did not immediately respond to a request for comment.

© Thomson Reuters 2021

Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

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Former Donald Trump Aide Jason Miller Launches Social Media Site Gettr

LG Q92 Getting Stable Android 11-Based LG UX 10 Update

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Some accused in Capitol riot reportedly tried to scrub info from their phones and social media
Some accused in Capitol riot reportedly tried to scrub info from their phones and social media

Some 49 people accused of taking part in the January 6th riot at the US Capitol building have tried to erase images, videos, and texts from their phones and social media accounts, the Associated Press reported, citing a review of court records. Authorities told the AP that the people may have realized that the many photos and videos posted to social media by people participating in the riot could be used as evidence against them.

The AP cited several cases where accused rioters’ social media posts apparently contradicted what they told authorities about their involvement in the attack.

Hundreds of supporters of former President Trump stormed the Capitol building on January 6th as members of Congress prepared to certify the results of the presidential election. More than 500 people have been arrested in connection with the riot, Attorney General Merrick Garland said last month.

In the days following the attack, Sen. Mark Warner (D-Virginia), asked mobile carriers and social media platforms to preserve “content and associated metadata” that may have been connected to the attack.

The Washington Post reported Saturday that the Department of Justice has started arresting people who attacked reporters documenting the riot, damaging their equipment. The Post reports that the people would be charged with committing violence or destroying property on the grounds of the Capitol.

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Robinhood Reveals Breakneck Growth, Legal Pitfalls in IPO Filing
Robinhood Reveals Breakneck Growth, Legal Pitfalls in IPO Filing

Robinhood on Thursday set the stage for its hotly anticipated IPO as it revealed rapid growth in users of its trading app in a filing, while also flagging a swathe of investigations by prosecutors and regulators.

The company, under scrutiny after this year’s trading frenzy for so-called meme stocks such as GameStop, is aiming for an IPO valuation of over $40 billion (roughly Rs. 2,98,900 crores), Reuters has reported.

Robinhood’s IPO filing detailed for the first time how the trading mania, which has swept amateur investors, fueled a four-fold jump in its revenue over January to March, and also how its quick expansion came at a cost.

It reported a net loss of $1.4 billion (roughly Rs. 10,460 crores) for the period after borrowing $3.5 billion (roughly Rs. 26,150 crores) via convertible bonds to backstop the wave of trading orders amid the rally in a few stocks, which had been shorted by hedge funds and championed by individual investors in online chatrooms including Reddit’s WallStreetBets.

Its handling of the meme stock frenzy, marred with glitches and followed by trading restrictions, attracted the wrath of many of its users and US lawmakers.

Legal authorities and regulators, that were already looking into Robinhood’s aggressive marketing to investors and how it profits off trading orders, doubled down on their scrutiny.

A probe by the US attorney’s office in California even resulted in a search warrant for Robinhood co-founder and CEO Vlad Tenev’s cell phone, the IPO filing shows.

A spokesperson for the US Attorney’s Office in Northern California declined to comment.

Earlier this week, the Menlo Park, California-based company agreed to pay a $70 million (roughly Rs. 520 crores) fine as part of a settlement with US financial regulators who accused it of failing to vet its customers and implement risk controls.

Robinhood and CEO Tenev have been subpoenaed and received requests for information from several government bodies, including the US Justice Department and the US Securities and Exchange Commission, according to the filing.

The company was also sued this year by the family of a 20-year-old stock trader who committed suicide, citing the app’s “misleading communications” that caused their son to panic over what he wrongly believed were huge market losses.

A majority of Robinhood’s revenue is derived from “payment for order flow.” Under this practice, brokers receive a fee from market makers for routing trades to them.

Critics argue this creates a conflict of interest situation, whereby brokers are incentivized to send orders to whoever pays the most, which might not necessarily be the best deal for customers. Regulators are scrutinizing Robinhood over it.

In the first quarter of this year, 59 percent of Robinhood’s revenue came from four market makers. Its revenue last year rose to $959 million (roughly Rs. 7,170 crores), the company said.

Robinhood turned profitable in 2020, reporting a net income of $7 million (roughly Rs. 50 crores), versus a loss of $107 million in 2019.

The company held about $12 billion (roughly Rs. 89,690 crores) in cryptocurrency assets under custody as of March 31, 2021, a 23-fold jump from a year earlier. More than 9.5 million customers traded about $88 billion (roughly Rs. 6,57,800 crores) of cryptocurrency on Robinhood’s platform during the same period.

Go-to app for young investors

Founded in 2013 by Stanford University roommates Tenev and Baiju Bhatt, Robinhood’s trading app has made it easier for the masses to trade securities and electrified a generation of retail traders.

The platform’s easy-to-use interface allowed it to become a go-to for young investors stuck at home due to the pandemic and its popularity has soared over the past 18 months.

Arguably the breakout financial technology startup of its generation, Robinhood has captured the imagination of Silicon Valley’s biggest investors, who have poured billions of dollars into the company. It challenges age-old rules around investing by dismissing the role of financial advisers.

“Some pundits deride individual stock ownership and say that people should only be investing in passively-managed funds through an adviser. We reject this, and we believe that it’s important to be able to own stocks directly in the companies you love, without any middlemen,” Tenev and Bhatt said in the IPO filing.

Robinhood said underwriters would reserve between 20 percent and 35 percent of its Class A shares for sale to customers through its IPO Access feature, a platform it unveiled in May to give retail investors the opportunity to snap up shares in IPOs.

Robinhood has raised over $5.5 billion (roughly Rs. 41,125 crores) from investors since its launch, including Ribbit Capital, ICONIQ, Andreessen Horowitz, Sequoia Capital, Index Ventures, and New Enterprise Associates.

Its valuation nearly tripled in the last year alone, with a financing in February valuing the company at around $30 billion (roughly Rs. 2,24,325 crores), according to people familiar with matter.

The online brokerage plans to list on the Nasdaq under the symbol “HOOD”.

Goldman Sachs and J.P.Morgan are the lead underwriters for the offering.

© Thomson Reuters 2021

Interested in cryptocurrency? We discuss all things crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

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AMD’s next compute GPU could have two dies and 128 GB of memory
AMD’s next compute GPU could have two dies and 128 GB of memory

Fun fact: Aldebaran is the brightest star in the Taurus constellation. It’s 44 times the size of the sun and 400 times as luminous. It’s also the namesake of AMD’s next Instinct Accelerator.

Aldebaran, the computer part, has appeared a few times in Linux patch notes. Its two-die design was half-implied in February and confirmed last month: “on Aldebaran, only primary die fetches valid power data. Show power/energy values as 0 on secondary die,” one note reads.

It’s the first AMD Accelerator/GPU to leverage an MCM (multi-chip module) design, a technique that’s been plastered on patents for years but has only just begun to materialize. Using multiple chips/dies connected closely allows for more scalability than traditional monolithic designs, but also reduces the per-compute unit performance of a card, particularly in poorly parallelized workloads.

Nvidia is expected to challenge Aldebaran with their own MCM designs based on the Hopper architecture next year. Intel, meanwhile, is on the verge of releasing the Ponte Vecchio accelerator based on the Xe HPC architecture and an early MCM implementation.

Like Ponte Vecchio, Aldebaran leverages MCM to expand memory capacity, patch notes imply. A note from last week describes Aldebaran as having two dies, four UMCs per die, and eight channels connected to 2 GB of HBM per UMC. Or 128 GB, in total.

AMD’s next compute GPU could have two dies and 128 GB of memory

The patch notes also mention support for a “new HBM2 memory type,” presumably HBM2e. If AMD is using SK Hynix’s new HBM2e memory modules with 3.6 Gbps of bandwidth and a 4096-bit bus on each die, then Aldebaran could have 3.6 TB/s of memory bandwidth.

For comparison, Aldebaran’s predecessor, the Instinct MI100 (formerly codenamed Arcturus, another star) has 32 GB of HBM2 and 1.2 TB/s of memory bandwidth. Nvidia’s A100 accelerator can be configured with up to 80 GB of 3.2 Gbps HBM2e memory for 2 TB/s of bandwidth.

AMD CEO Dr Lisa Su has already said that the CDNA2 architecture, meaning Aldebaran, is slated for release later this year. Presumably, it will release as the MI200 Accelerator.

“This year, as I said, we’re putting together our next generation CDNA architecture. This is actually a key component that enabled us to win the largest supercomputer bids in the US,” Su said at a conference in May. “… And we will be launching the next generation of that architecture, actually, later this year. We’re very excited about it. I think it’s progressed extremely well.”

Masthead by Timothy Dykes

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Cambridge Researchers Use AI To Find Drugs That Can Treat COVID-19
Cambridge Researchers Use AI To Find Drugs That Can Treat COVID-19

Researchers at Cambridge University say that they have used AI to find 200 potential drugs that can treat COVID-19. With the coronavirus pandemic still not over, researchers are working on ways in which to limit the harms caused by COVID, and scientists in the UK said that using a combination of computational biology and machine learning, they were able to study proteins and identify ones that were linked to the SARS-CoV-2 infection. The researchers at the university’s Milner Therapeutics Institute used AI to examine the protein network and identified those that led to the infection.They said that this helped to determine 200 potential drugs that can be used to treat COVID-19 of which some are already being tested.

The researchers studied nearly 2,000 approved drugs for their effectiveness against COVID-19 and identified 200 of them for use against the disease. Out of this, 40 of the drugs have already been entered into clinical trials to fight COVID-19. The researchers say that this validates their approach. The technology also helped them find the biological pathways that could be targeted by drugs, they said in a study published in Science Advances.

The researchers then further filtered their study area to a small subset of drugs and found that two in particular — an antimalarial drug (Proguanil) and another used to treat rheumatoid arthritis (Sulfasalazine) — were able to stop the virus by “reducing SARS-CoV-2 viral replication in cellular assays.” This, they added, raised the exciting possibility of the use of these drugs’ potential use in treatment against COVID-19.

Professor Tony Kouzarides, Director of the Milner Therapeutics Institute, who led the study, said that they have been able to create a network uncovering the relationship between thousands of proteins that play some role in SARS-CoV-2 infection. They then used machine learning and computer modelling techniques to identify the 200 drugs.

“Of these, 160 had not been linked to this infection before. This could give us many more weapons in our armoury to fight back against the virus,” a research note published in the University of Cambridge website quoted Professor Kouzarides as saying.

What is the best phone under Rs. 15,000 in India right now? We discussed this on Orbital, the Gadgets 360 podcast. Later (starting at 27:54), we speak to OK Computer creators Neil Pagedar and Pooja Shetty. Orbital is available on Apple Podcasts, Google Podcasts, Spotify, and wherever you get your podcasts.

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IT management biz Kaseya pwned by miscreants to infect businesses with ransomware • The Register
IT management biz Kaseya pwned by miscreants to infect businesses with ransomware • The Register

In brief In what’s looking like a nasty supply-chain attack, IT systems management biz Kaseya was compromised by miscreants, which then used its VSA product to infect its own customers and then their customers with ransomware.

At least 200 businesses were hit total, according to infosec biz Huntress. Kaseya meanwhile initially estimated 40 of its own customers worldwide were infected. It also told its clients to switch off their VSA data management and remote monitoring services immediately.

“We are experiencing a potential attack against the VSA that has been limited to a small number of on-premise customers only as of 1400 EDT today,” it said in a Friday advisory.

“We are in the process of investigating the root cause of the incident with an abundance of caution but we recommend that you IMMEDIATELY shutdown your VSA server until you receive further notice from us. Its (sic) critical that you do this immediately, because one of the first things the attacker does is shut off administrative access to the VSA.”

It appears that attackers got onto Kaseya’s servers and included a copy of the REvil ransomware in a software update for customers that went out on Friday. It has also taken offline its software-as-a-service platform as a precaution.

“We have been advised by our outside experts that customers who experienced ransomware and receive a communication from the attackers should not click on any links – they may be weaponized,” Kaseya’s advisory added.

The Florida-based company told The Register it was working with the FBI. It’s reported that among the victims is Sweden’s grocery store chain Coop, a customer of one of Kaseya’s customers, causing 500 stores to remain closed.

The Linkedin breach that wasn’t

Earlier this week there were some reports that someone had put 700 million Linkedin records up for sale on the dark web. Rather than intrusion, LinkedIn said, someone who had scraped publicly available information, combined it with other available data, and was trying to make a buck or ten out of it.

“We want to be clear that this is not a data breach and no private LinkedIn member data was exposed,” Linkedin said. “Our initial investigation has found that this data was scraped from LinkedIn and other various websites and includes the same data reported earlier this year in our April 2021 scraping update.”

Scraping is a serious problem for Linkedin, one it has taken to the US Supreme Court over.

Western Digital devices caught in crossfire?

Last week, users of Western Digital’s My Book Live found they had lost a lot of data after devices were remotely wiped via a security vulnerability.

At the time, the manufacturer said this was due to a malware attack. Having looked at the IP addresses and network traffic involved, security shop Censys suggested it looked likely that one criminal infected My Book kit and then a separate individual initiated the factory reset command, suggesting someone could be trying to take out a rival.

Western Digital, however, disagrees. “Our investigation shows that in some cases, the same attacker exploited both vulnerabilities on the device, as evidenced by the source IP,” it said. “The first vulnerability was exploited to install a malicious binary on the device, and the second vulnerability was later exploited to reset the device.”

In the meantime the firm is offering data recovery services to affected folks and promising My Book Live customers a trade-in service for My Cloud accounts.

Google tidies up Nest security

Google has announced that it’s beefing up the security of devices in its smart home biz Nest, and made a five-year commitment to support existing products. This comes after it discontinued its Nest Secure home security system.

The Chocolate Factory said all devices sold since 2019 will adhere to the standards of the Internet of Secure Things Alliance (ioXt) on patching and security. In addition Google will publish the ioXt validation results for all of its kit so buyers can make an informed choice.

“A helpful home is a safe home, and Nest’s new safety center is part of making sure Nest products help take care of the people in your life and the world around you,” Google said in a blog post.

US police seize 3D printers over gun charges

An unusual case of physical security came up this week after the Pennsylvania police took custody of two 3D printers that allegedly were used to manufacture parts for so-called ghost guns – unregulated firearms American cops and prosecutors aren’t too keen on.

“Kenneth Wilson was caught manufacturing untrackable and untraceable firearms out of his home. Once assembled, these fully functional firearms often become a tool for senseless violence,” said the state’s Attorney General Josh Shapiro.

“Ghost guns are quickly becoming the weapon of choice for criminals that take the lives of too many Pennsylvanians. My office is working overtime to target these gun traffickers and get illegal guns off our streets.”

In addition to the 3D printers, police also said they seized three ghost gun frames, three firearms, a small amount of methamphetamine, $1,140 in cash, and drug packaging equipment from the suspect’s house. ®

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