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● 03.14.23

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● Links 14/03/2023: Git 2.40.0 and Much SVB Fallout

Posted in News Roundup at 5:33 am by Dr. Roy Schestowitz

GNU/Linux

Desktop/Laptop

=> ↺ Linux desktop leaders unite behind Flathub app store. Here’s why

• One reason why there are so many Linux desktops is that there’s endless disagreement on what makes the best desktop. Now, GNOME and KDE are exploring the idea of uniting, using Flatpak to create a Linux desktop app store.

Audiocasts/Shows

=> ↺ Linux Saloon | 11 Mar 2023 | Zulip, JSketcher CAD Software

• One of the great things about doing the Linux Saloon is that I get the privilege of learning from fellow technology enthusiasts. This time was no different and had an unexpected bonus that I found tremendously valuable.

Kernel Space

=> ↺ A Tegra20 parallel camera capture driver heading for the mainline Linux kernel

• Over the past year Bootlin engineer Luca Ceresoli has been working to add a device driver for the parallel camera interface of the NVIDIA Tegra20 System on Chip into the mainline Linux kernel. The main challenge faced during this work has been the lack of documentation.

=> ↺ Ubuntu 23.04 Will Ship with Linux Kernel 6.2

• Alright, it’s not that surprising in hindsight. After all, Linux 6.2 is the most recent stable kernel release, and it’s out well in advance of the Ubuntu 23.04 release (meaning devs have plenty of time to plumb it in and test it out).

• But some folks (including me) did wonder if Canonical might opt to stick with Linux kernel 6.1 given that a) it’s an LTS, and b) they have been testing it in Lunar dailies of late.

• But nope: Ubuntu 23.04 will use Linux kernel 6.2.

• This is a pretty big deal as regardless of whether you plan to use Lunar or not, the kernel that ships in Ubuntu’s short-term releases is typically back-ported to the most recent LTS in the form of a hardware enablement (HWE) update.

Graphics Stack

=> ↺ Mike Blumenkrantz: A Detailed Retrospective On The Past Couple Weeks Of My Life

• Also I’m disabling comments; I used disqus for this and didn’t realize the amount of ads it was injecting. Tag me on twitter if you want to give feedback.

Applications

=> ↺ Kodi Media Center 20.1 Released with Lots of Bug-fixes

• The first point release of Kodi 20 “Nexus” is out today after almost 2 months of development. As the title said, the new Kodi 20.1 includes mainly bug-fixes. It introduced a new algorithm to look to overcome some audio issues on Android devices.

Instructionals/Technical

=> ↺ How to Install FreeIPA Server with Docker on Debian 11

• FreeIPA is an open-source identity management solution for Linux/Unix operating systems. In this guide, you will install and set up the FreeIPA server on Debian 11 machine via Docker.

=> ↺ How To Migrate ISPConfig 2, ISPConfig 3.x, Confixx, CPanel or Plesk to ISPConfig 3.2 (single server)

• In this howto, we’ll show how to use the ISPConfig Migration Tool 2.0 to migrate a single server to a new ISPConfig 3.1 server. The Migration tool is part of the ISPConfig Migration toolkit. The Migration Tool supports ISPConfig 2 and 3 – 3.1, Plesk 10 – 12.5, Plesk Onyx, CPanel and Confixx 3 as source servers and ISPConfig 3.1 as target server.

=> ↺ NixOS Series #4: Things To Do After Installing NixOS

• What do you do right after installing NixOS? Clueless? We got your back.

=> ↺ How to Delete a Directory in Linux

• Linux is strikingly different from the Windows operating system. For example, if you want to delete a folder in Windows, you can simply right-click on it and delete it. However, things are not that simple in Linux. Deleting a directory or folder in Linux can be accomplished via the graphical user interface as well as the command line interface. If you’re not sure how to delete a directory in Linux, we have prepared a simple yet efficient guide for you. In this article, we will show both the GUI and the CLI methods to delete directories in Linux.

=> ↺ How to easily deploy a full-stack application in Portainer with templates

• Deploying a complex Docker stack isn’t nearly as challenging as you think, at least when Portainer is your GUI of choice. Find out how easy this is with Portainer templates.

=> ↺ How to Install Puppet Master and Agent in RHEL-Based Systems

• Developed by Puppet Lans, Puppet is an open-source configuration management tool used for automating and centralizing the configuration of infrastructure such as servers just like Ansible and Chef

=> ↺ openQA: Could not configure /dev/net/tun (tap3): Operation not permitted

• I recently encountered a new interesting openQA issue:

• [2023-03-13T14:18:22.651705+01:00] [warn] [pid:18929] !!! : qemu-system-x86_64: -netdev tap,id=qanet0,ifname=tap3,script=no,downscript=no: could not configure /dev/net/tun (tap3): Operation not permitted This is an error that you likely are encountering on a older openQA instance, after you setup multimachine jobs but haven’t used them in a while.

Games

=> ↺ 30 Best Terminal Based Games For Linux

• 30 Best Terminal-Based Games For Linux Without any delay, let’s have a look at the list of best terminal-based games for Linux-based operating systems. 30 Best Terminal Based Games For Linux 1.

Desktop Environments/WMs

GNOME Desktop/GTK

=> ↺ First Look at the GNOME 44 Desktop Environment on Fedora Linux 38

• It’s that time of the year when a new major release of the GNOME desktop environment is about to hit the software repositories of some of the most popular GNU/Linux distributions, so I decided to take a look at GNOME 44 on the upcoming Fedora Linux 38 operating system.

• GNOME 44 is slated for release next week on March 22nd and it will be the default desktop environment of Fedora Linux 38, which launches in late April or early May 2023, as well as Ubuntu 23.04 (Lunar Lobster), which is expected to hit the streets on April 20th.

Distributions and Operating Systems

New Releases

=> ↺ Meet the Newest Member of Kali’s Family: The Purple Release

• Kali is a well-known name among hobbyists and security enthusiasts. It is a Debian-based Linux distribution developed, funded, and maintained by Offensive Security, focused on advanced penetration testing and security auditing. The distro includes a vast array of preinstalled tools and utilities that can be used for various purposes, such as vulnerability assessment, network monitoring, password cracking, and forensic analysis.

• Following the December 2022.4 release, the new Kali Linux 2023.1 is the first release for this year, bringing both internal updates and exciting new distribution capabilities.

• Beyond that, the big news here isn’t the release itself but the accompanying brand-new flavor, Kali Purple, which the developers released just in time to coincide with the distribution’s 10th anniversary. But first, let’s look at what’s new in the main Kali edition.

=> ↺ Kali Linux 2023.1 introduces ‘Purple’ distro for defensive security

• Kali Linux is a distribution designed for ethical hackers to perform penetration testing, security audits, and cybersecurity research against networks.

=> ↺ Kali Linux 2023.1 Release (Kali Purple & Python Changes)

• Today we are releasing Kali 2023.1 (and on our 10th anniversary)! It will be ready for immediate download or updating by the time you have finished reading this post.

• Given its our 10th anniversary, we are delighted to announce there are a few special things lined up to help celebrate. Stay tuned for a blog post coming out Wednesday 15th March 2023 12:00:00 UTC/+0 GMT for more information!

=> ↺ Kali Linux 2023.1 released – and so is Kali Purple!

• OffSec (formerly Offensive Security) has released Kali Linux 2023.1, the latest version of its popular penetration testing and digital forensics platform, and the release is accompanied by a big surprise: a technical preview of Kali Purple, a “one stop shop for blue and purple teams.”

Debian Family

=> ↺ Russell Coker: Xmpp Tools

• For a while I’ve had my monitoring systems alert me via XMPP (Jabber). To do that I used the sendxmpp command-line program which worked well for it’s basic tasks. I recently noticed that my laptop and workstation which I had upgraded to Debian/Testing weren’t sending messages, I’m not sure when it started as my main monitoring of such machines is to touch a key and see if there’s a response – if I’m not at the keyboard then a failure doesn’t bother me too much.

• I’ve filed Debian bug #1032868 [1] about this. As sendxmpp is apparently not supported upstream and we are preparing for a release it could be that the next version of Debian is released without this working (if it’s specific to talking to Prosody) or without sendxmpp (if it fails on all Jabber servers).

• I next tested xmppc which doesn’t send messages (gives no error when I have apparently correct parameters and just doesn’t send anything) and doesn’t display any text output for info related commands while not giving error messages or an error return code. I filed Debian bug #1032869 [2] about this.

=> ↺ Dima Kogan: Debian at SCaLE 20x

• SCaLE 20x just wrapped up. We spent three days running the Debian booth: passing out stickers, penguin swag, coffee and cookies, and telling everyone that would listen about about our great OS. As usual, Richard Hecker, Chris McKenzie and I attended as the “LA Debian contingent”. Mathias Gibbens flew in from Albuquerque, and Ha Lam and Syed Reza stopped by periodically.

• Chris created extra demand by restricting the supply of plushy penguins. Some kid was shocked at my old laptop, only to see Mathias pull out an even older one. And we finished off the conference by listening to Ken Thompson’s tale about his music collection. Good times.

Canonical/Ubuntu Family

=> ↺ How to install WoeUSB on Ubuntu 22.04 | 20.04 LTS

• WoeUSB is an open-source tool to create Windows USB bootable installation sticks from an ISO file or DVD on Linux systems.

=> ↺ Ubuntu Lunar Lobster could be the surprise hit of 2023

• The latest version of Canonical’s Ubuntu Desktop Linux distribution puts on a masterclass for how an operating system should evolve.

=> ↺ Ubuntu 23.04 Will Ship with Linux Kernel 6.2

• When Ubuntu 23.04 arrives in April it will be using Linux kernel 6.2, the most recent kernel version ahead of the distro’s next release – nice!

Devices/Embedded

=> ↺ Digi ConnectCore MP13 SoM with STM32MP13 MPU embeds Wi-Fi 5 and Bluetooth 5.2 module

• Digi International provides “Digi Embedded Yocto” embedded Linux software platform for the STM32MP13 SoM, as well as Digi TrustFence embedded security framework, an off-the-shelf development board called CC-WMP133-KIT with Digi ConnectCore MP133 development board with SoM, a console port cable, a dual-band wireless antenna, power supply, accessories, reference designs, and online documentation.

• Technical documentation is not online just yet, but the ConnectCore MP1 documentation should soon be updated for the MP13 module. Digi expects the module to be integrated into medical devices, industrial gateways, environmental test equipment, renewable-energy controllers, and EV charging stations.

Open Hardware/Modding

=> ↺ 5 of the most curious uses of the Raspberry Pi | Opensource.com

• Recently, I was on a call where it was said that the open source community is a combination of curiosity and a culture of solutions. And curiosity is the basis of our problem-solving. We use a lot of open source when solving problems of all sizes, and that includes Linux running on the supremely convenient Raspberry Pi.

• We all have such different lived experiences, so I asked our community of writers about the most curious use of a Raspberry Pi they’ve ever encountered. I have a hunch that some of these fantastic builds will spark an idea for others.

Mobile Systems/Mobile Applications

=> ↺ The Best Wellness Apps On Android For Health And Fitness

=> ↺ How To Disable Automatic Updates On Your Android Phone

=> ↺ PUBG Mobile 2.5 update direct APK download link for Android

=> ↺ Oxygen OS 14 (OnePlus Android 14): Release Date, Supported Devices

=> ↺ OnePlus Ace 2 series will get to Android 16 on official software support – NotebookCheck.net News

=> ↺ ASUS unveils Tinker V RISC-V single board computer, Tinker board 3 SBC with Rockchip RK3568 SoC – CNX Software

Free, Libre, and Open Source Software

Web Browsers/Web Servers

Mozilla

=> ↺ Firefox 111 Web Browser Is Now Available for Download

• Firefox 111 Web Browser Is Now Available for Download The Mozilla Firefox 111 web browser is now available for download. It was made available before the official launch on March 14th, 2023.

SaaS/Back End/Databases

=> ↺ 2023-03-10 A deep dive into OData and CDS annotations

Programming/Development

=> ↺ Git 2.40.0 released

• Version 2.40.0 of the Git source-code management system is out. Changes include a new –merge-base option for merges, a built-in implementation of bisection, Emacs support for git jump, a fair number of smallish user-interface tweaks, and a lot of bug fixes. See the announcement and this GitHub blog entry for the details.

=> ↺ GitLab’s stock plummets as company forecasts much slower revenue growth

=> ↺ Announcing the Schedule for cdCon + GitOpsCon North America 2023

=> ↺ Russell Coker: Firebuild

• After reading Bálint’s blog post about Firebuild (a compile cache) [1] I decided to give it a go. It’s non-free, the project web site [2] says that it’s free for non-commercial use or commercial trials.

• My first attempt at building a Debian package failed due to man-recode using a seccomp() sandbox, I filed Debian bug #1032619 [3] about this (thanks for the quick response Bálint). The solution for me was to edit /etc/firebuild.conf and add man-recode to the dont_intercept list. The new version that’s just been uploaded to Debian fixes it by disabling seccomp() and will presumably allow slightly better performance.

• Here are the results of building the refpolicy package with Firebuild, a regular build, the first build with Firebuild (30% slower) and a rebuild with Firebuild that reduced the time by almost 42%.

=> ↺ What can you code up in an hour?

• For most people, the tradeoff is not between language A and language B but between language A and doing the task by hand.

=> ↺ Fixing The Reply Count

• There are a number of issues with the decentralized nature of the Fediverse. One of them is that we are not seeing replies from people we do not follow.

=> ↺ 2023-03-12 adoc-mode Reborn

=> ↺ Linux gets double-quick double-update to fix kernel Oops!

• Of course, Linux has never had BSoDs, not even back when Windows seemed to have them all the time, but that’s not because Linux never crashes, or is magically bug-free.

• It’s simply that Linux does’t BSoD (yes, the term can be used as an intransitive verb, as in “my laptop BSoDded half way through an email”), because – in a delightful understatment – it suffers an oops, or if the oops is severe enough that the system can’t reliably stay up even with degraded performance, it panics.

• (It’s also possible to configure a Linux kernel so that an oops always get “promoted” to a panic, for environments where security considerations make it better to have a system that shuts down abruptly, albeit with some data not getting saved in time, than a system that ends up in an uncertain state that could lead to data leakage or data corruption.)

Perl / Raku

=> ↺ rakudoweekly 2023.11 Ainions

• Anton Antonov was on a roll again this week!

Standards/Consortia

=> ↺ Functional safety in automotive: contributing to ISO 26262 and ISO 21434 standards

• the automotive industry is highly complex and regulated, especially when it comes to functional safety and cybersecurity.

Leftovers

Hardware

=> ↺ 2023-03-12 Hack Your Heathkit to Trace MOSFET Curves

Health/Nutrition/Agriculture

=> ↺ 2023-03-12 The NHS Is Slowly Dying of Privatization

=> ↺ 2023-03-13 The Netherlands is still lagging behind in accessibility for wheelchairs

=> ↺ Japan’s Nuke Wastewater Discharge Plan Angers Global Community

• Local residents believe the discharge will wreck their livelihoods and all the efforts they have made for over a decade to revive the fishery industry.

=> ↺ Hong Kong man charged with bribing nurse over Covid-19 jab record

• Hong Kong’s anti-graft watchdog has pressed charges against a man who allegedly bribed a nurse with HK$1,000 in exchange for Covid-19 vaccination proof without receiving the actual jab.

Security

=> ↺ Security updates for Monday [LWN.net]

• Security updates have been issued by Debian (imagemagick, libapache2-mod-auth-mellon, mpv, rails, and ruby-sidekiq), Fedora (chromium, dcmtk, and strongswan), Mageia (chromium-browser-stable, dcmtk, kernel, kernel-linus, libreswan, microcode, redis, and tmux), SUSE (postgresql14 and python39), and Ubuntu (linux-kvm, linux-raspi-5.4, and thunderbird).

Privacy/Surveillance

=> ↺ 2023-03-08 Elon Musk Is Watching His Back; His Security Guards Are Watching Him Poop

=> ↺ 2023-03-09 WhatsApp, the Dominant Messaging Platform in the U.K., Tells the Government to Bugger Off Regarding Legislation That Would Ban End-to-End Encryption

Defence/Aggression

=> ↺ China looms large as Biden makes submarine moves with UK and Australia

• President Joe Biden will be flanked on Monday by a 377-foot submarine — the USS Missouri — as he announces an accelerated timeline for Australia to receive its own nuclear-powered submarines early next decade.

=> ↺ Ukraine orders evacuations from liberated city, as Russians creep closer again

• The artillery fire gets worse at night, so Liuba and her husband hold hands. It keeps them safe, she says with a sad nod of her head. She’s standing in what’s left of her garden after it was hit during a particularly bad night a month ago.

=> ↺ ‘Lambs to the slaughter’: Hear Russian soldier’s battlefield letter

• Former Defense Secretary Mark Esper reacts to a letter obtained by CNN from a Russian soldier detailing the battlefield experience in the war against Ukraine.

=> ↺ Stockholm institute reports doubling of European arms imports

• Imports of arms into Europe almost doubled in 2022, driven by massive shipments to Ukraine, which is now the world’s third-largest destination for weapons, Swedish researchers said on Monday.

=> ↺ Silicon Valley Bank failed: What happens next?

• Even if the contagion effects are contained, risks to the financial stability of the US and the world have increased significantly. The Fed can no longer focus only on bringing down inflation, but must also avoid exacerbating financial stability risks.

=> ↺ Incoming Silicon Valley Bank Related Scams, (Mon, Mar 13th)

• Any big news story tends to attract its set of scams. We have seen this happening for disasters, political events, and wars.

=> ↺ The Fed’s tightening is a recipe for global volatility. Silicon Valley Bank’s collapse is just the start.

• In this volatile environment, it may take less than a historic shock to cause severe disruption. Governments and central banks around the world better be prepared.

=> ↺ 2023-03-12 North Korea test-fires strategic cruise missiles from submarine

=> ↺ 2023-03-11 The “Forever Wars” Are Still Going. But They May Be Running on Borrowed Time.

=> ↺ Biggest test of Iran-Saudi deal will be in Yemen

• The testing ground for the Iran-Saudi normalization deal, announced on Friday and brokered by China, will be in Yemen.

• Why it matters: The truce that halted fighting in Yemen expired in October, though diplomacy has continued and full-scale warfare hasn’t resumed. The Saudis seem desperate to pull out after eight years fighting the Houthi rebels, who ousted a Saudi-allied government from the capital in 2015.

=> ↺ PM Sanna Marin: Finland has not promised Hornet jets to Ukraine

• Clarifying a statement she made last week, the Finnish Prime Minister said leaders need to decide what to do with the country’s ageing fighter jets once they’re decommissioned.

=> ↺ Support for Russia’s War Economy?: A German Auto Parts Supplier Raises Eyebrows

• German auto parts supplier Schaeffler is selling its factory in Russia. But a letter to the Russian president and a questionable loan are raising questions about the role of a Russian oligarch in the deal – and whether the plant could supply parts to Putin’s war machine in the future.

=> ↺ ‘Fierce’ Fighting Rages As Ukrainian Troops Defend Central Bakhmut

• Ukrainian forces repelled several waves of Russian attacks in and around Bakhmut the over the past 24 hours, the military said, as commanders on both sides described the situation in the city in the eastern Donetsk region as “difficult.”

=> ↺ China’s Xi Believed To Be Planning Russia Visit As Soon As Next Week

• Chinese President Xi Jinping is planning to travel to Russia to meet his counterpart, Vladimir Putin, as soon as next week, people familiar with the matter said, which would be sooner than previously expected.

=> ↺ Arms Imports to Europe Surge Despite Global Decline

• As a result of military aid from the U.S. and many European states, Ukraine became the 3rd biggest importer of major arms during 2022.

=> ↺ Latest Nord Stream Theory Dumb and Improbable: Swedish Expert

• “How stupid do they think we are? A small pro-Ukrainian group in a yacht did what?” Oberg said.

=> ↺ One way to escape Russia’s orbit

• Mass protests in Georgia against Russian-style political repression give that former Soviet state a taste of democratic harmony.

=> ↺ Hong Kong national security police arrest 2 men over allegedly possessing seditious publications

• Two men were arrested by Hong Kong’s national security police under the colonial-era sedition law on Monday, the police have said. Both men, aged 38 and 50, were suspected of possessing seditious publications and remain under police detention.

Environment

Energy/Transportation

=> ↺ 2023-03-13 Biden to protect 16 million acres in Alaska as oil project decision nears

=> ↺ Biden administration approves vast Willow oil project in Alaska

• The Biden administration announced Monday it will approve ConocoPhillips’ Willow oil project located on a portion of Alaska’s North Slope that is one of the last unspoiled wilderness areas in America.

=> ↺ Alaska Oil Drilling Project Approved -Biden Administration

• Two of the five drilling rigs proposed by ConocoPhillips have been denied.

=> ↺ Biden approved new drilling on federal lands in Alaska after promising he wouldn’t

• The Biden administration announced its formal approval of a sprawling oil drilling project in Alaska on Monday (March 13), despite campaign promises to ban any future drilling on federal lands.

=> ↺ Alaska’s Willow oil: ‘Carbon bomb’ or economic opportunity?

• The Biden administration is preparing to approve the $8 billion Willow oil-drilling project in Alaska. The controversial move comes as Joe Biden has limited or banned drilling in 13 million acres of land in the state and 3 million acres of the Beaufort Sea.

=> ↺ Biden OKs Alaska oil project, draws ire of environmentalists

• The Biden administration is approving a major oil-drilling project on Alaska’s petroleum-rich North Slope.

=> ↺ Biden Administration Approves Huge Oil and Gas Project in Alaska

• The Biden administration on Monday gave the green light to an enormous oil and gas project in Alaska, following months of increasing opposition from environmental activists who say that the approval runs counter to the administration’s promise to act on climate.

=> ↺ Biden administration greenlights controversial Willow oil project in Alaska

• The Biden administration is approving a scaled-back version ConocoPhillips’ COP.N $7 billion oil and gas drilling project in Alaska, the US Department of Interior said on Monday.

=> ↺ Why Did the Biden Administration Approve the Willow Project?

• Drilling for more oil in the Alaskan Arctic would be, in the President’s own words, a “big disaster.”

=> ↺ Analysis-Legal Challenges Could Delay Alaska’s Willow Oil Project

=> ↺ US government approves controversial oil project in Alaska, which has galvanized online activism

• The Biden administration has approved the massive Willow oil drilling project in Alaska, angering climate advocates and setting the stage for a court challenge.

=> ↺ How Biden Got From ‘No More Drilling’ to Backing a Huge Project in Alaska

• High gas prices, a looming election and fears of a costly legal battle seem to have shifted the political calculus for the president.

=> ↺ Biden Administration Approves Willow Oil Project in Alaska, Officials Say

• The administration also announced new limits on Arctic drilling in an apparent effort to temper criticism over the $8 billion Willow oil project, which has faced sharp opposition.

=> ↺ US minerals industries are booming. Here’s why.

• A recent set of sweeping US laws have already kicked off a boom in proposals for new mining operations, minerals processing facilities, and battery plants, laying the foundation for domestic supply chains that could support rapid growth in electric vehicles and other clean technologies.

=> ↺ Philippines: Oil Spill Leaves 100 000 People Affected, 122 Sick

• Those sick have presented respiratory-related symptoms, skin rashes, vomiting and diarrhea.

=> ↺ Indian cryptocurrency firms run little risk from the collapse of crypto-friendly Signature Bank

• The closure of three key US-based lenders, Silvergate Bank, Silicon Valley Bank, and Signature Bank, last week has sent the global cryptocurrency market into a tizzy. But Indian firms need not worry, at least for now.

Wildlife/Nature

=> ↺ Flaco, New York City’s Escaped Owl, Is a Flying Free-Range Metaphor

• In just two weeks, he has learned to hunt and survive. There’s a lesson there.

=> ↺ No obstacle too tall for this Ugandan wildlife veterinarian

• To protect animals in Uganda, Gladys Kalema-Zikusoka found she needed to help villagers find work and learn to value their role in caring for wildlife. Her memoir “Walking with Gorillas” reveals her dedication and persistence.

Overpopulation

=> ↺ Relay race: How ‘zanjeros’ get Colorado River water to California farms

• The Colorado River crisis has heightened calls for conservation. Meet one of the people responsible for delivering – and safeguarding – the river’s liquid gold.

Finance

=> ↺ Australia news LIVE: Three Virginia-class submarines bound for Australia in historic AUKUS agreement; Silicon Valley Bank collapse spooks investors

• The prime minister will announce details of the AUKUS submarine deal, markets are betting the collapse of US banks could slow rate rises and North Korea launched a strategic missile.

=> ↺ US Regulators Close New York’s Signature Bank

• The move came two days after California’s Silicon Valley Bank collapsed as depositors rushed to withdraw funds.

=> ↺ The Old Policy Issues Behind the New Banking Turmoil

• Many of the issues surrounding the closure of Silicon Valley Bank are the same ones that the 2008 crisis raised.

=> ↺ White House Says Regulators Have the Tools Needed for Banking Disruptions

=> ↺ Regional Banks Slammed by Fear of a Broader Financial Crisis

• Across the country, banks of various sizes are battling market turmoil as customers rushed to withdraw their deposits and investors, worried about more bank runs, dumped bank stocks.

=> ↺ Your Monday Briefing

• The collapse of three U.S. banks in a week.

=> ↺ How safe is your money in a Swedish bank account?

• What protections are there for your money if your bank goes bust? We had a look at the rules in Sweden.

=> ↺ Sea of red: ASX plunges after wild Wall Street session

• The ASX is 2 per cent lower in afternoon trade after a rollercoaster session on Wall Street, with another US lender starting to wobble as bank stocks were smashed.

=> ↺ Brazil’s Senate Set to Approve Invitation for Central Bank Chief’s Hearing

=> ↺ Eggs 35% more expensive than a year ago

• With the approach of Easter, many people’s thoughts will be turning to eggs. Price rises over the last 12 months are making them a costly commodity, though not yet quite as expensive as the Faberge variety.

=> ↺ Elsa Pataky’s beauty brand Purely Byron collapses

• Purely Byron, the skincare brand co-founded by model and actor Elsa Pataky and backed by her husband, Hollywood star Chris Hemsworth, has collapsed less than a year after its first product launch.

=> ↺ U.S. Justice Department Probes Collapse of TerraUSD Stablecoin – WSJ

=> ↺ Price Tag of Biden Plan to Overhaul Income-Driven Student Loan Repayments: $230 Billion

• The price tag of the administration’s plan for Income-driven student loan repayments nearly doubled what the White House said when it first proposed the plan in January.

=> ↺ How did Silicon Valley Bank collapse? How does it impact Australia?

• A Californian bank has gone bust, raising fears of contagion. What will it mean for mortgage holders here?

=> ↺ Swedish pension giant loses 12 billion kronor from US banks’ collapse

• The Swedish pension fund manager Alecta has estimated that its combined loss from the collapse of Silicon Valley Bank and Signature Bank could amount to 12 billion kronor, although it says this will not seriously affect customers’ pension holdings.

=> ↺ New York shuts down crypto-heavy Signature Bank to protect depositors

=> ↺ Government races to reassure US that banking system is safe

• Depositors withdrew savings and investors broadly sold off bank shares Monday.

=> ↺ Signature Bank Seized to Send Banks a Message, Director Says

• A regulatory takeover of a New York-based bank was intended to send a message to banks to stay away from the cryptocurrency business

=> ↺ Credit Unions and Self-Described Ethical Banks Email Customers Assuring Them They Still Have Money

• Boring banks are once again here to remind you that boring banking is good.

=> ↺ Biden’s Test: Can He Show Competence to Avert Banking Chaos?

• President Joe Biden is confronting a significant challenge as his administration grapples with the fallout from the second- and third-largest bank failures in history

=> ↺ European Central Bank officially revokes license of Baltic International Bank

• On March 10, 2023, the European Central Bank (ECB) took a decision to withdraw the banking license of Baltic International Bank SE, according to a Latvian central bank (Latvijas Banka, LB) press release on March 13. The decision took effect on 11 March 2023.

=> ↺ Asian shares extend losses as US banking worries persist

• Asian shares are declining in early trading as investors around the world continued to be rocked by worries about what’s next to break, following the second- and third-largest bank failures in U.S. history. In Asia, direct exposure to the risks from the U.S. failures seemed slim, at least so far. Hirokazu Matsuno, the Japanese government spokesman, told reporters a major ripple effect to the Japanese financial system was unlikely. Benchmarks are falling in Tokyo, Sydney and Seoul.

=> ↺ SVB Collapse Raises Systemic Contagion Worries

• The Silicon Valley Bank’s operations will resume on Monday with the U.S. Federal Deposit Insurance Corporation in charge.

=> ↺ Yes, There Are Libertarians During Bank Runs

• Plus: The editors recommend the best books for sparking interest in free market principles.

=> ↺ A New Bank Panic?

• It’s a day of uncertainty for the U.S. economy.

=> ↺ WSJ Wonders: Did Silicon Valley Bank Die Because One Black Person Was on Its Board?

• The implosion of one of the least diverse banks in America is being blamed on its ‘wokeness.’

=> ↺ OK, WTF Is Up With the Government Bailing Out the Tech Industry?

• “WHO ELSE IS GOING TO BUY SOME GUNS, PROVISIONS, AND GASOLINE TOMORROW?” a prominent tech investor said in a since-deleted tweet.

=> ↺ Silicon Valley Bank’s UK unit sold to HSBC for £1

=> ↺ Silicon Valley Bank’s collapse is hitting financial hubs around the globe

• The UK Treasury announced today (March 13) that HSBC bought the UK arm of SVB for just £1 ($1.21) as financial hubs around the world seek to buffer the fallout from the lender’s multibillion-dollar collapse.

=> ↺ Japanese workers are set to get their largest pay raise in decades

• Japanese workers are awaiting the outcome of the annual “shunto” wage negotiations between the government, top businesses and union leaders on Wednesday (March 15), with economists predicting one of the most significant wage hikes in decades.

=> ↺ Silicon Valley Bank insider says employees are angry with CEO Greg Becker for allowing company to collapse

• The blame game is on for who caused Silicon Valley Bank’s collapse, and the tech sector is pointing the finger at SVB CEO Greg Becker for allowing his company to go down in history as the second-biggest US banking failure on record.

=> ↺ Why Silicon Valley Bank collapsed and what it could mean

• Silicon Valley Bank collapsed with astounding speed on Friday. Investors are now on edge about whether its demise could spark a broader banking meltdown.

=> ↺ Europe’s banking stocks suffer biggest drop in a year

• Investors dumped European bank stocks for a third straight day Monday, despite dramatic moves over the weekend by the US and UK governments to shore up confidence in the financial system following Friday’s collapse of Silicon Valley Bank.

=> ↺ HSBC is buying SVB’s UK business for just over $1

• HSBC has scooped up the UK arm of Silicon Valley Bank for £1 ($1.2), just days after its business in the United States collapsed in stunning fashion.

=> ↺ ‘Shark Tank’ star shares biggest lesson from the SVB collapse

• Kevin O’Leary, chairman of O’Leary Ventures and host on “Shark Tank,” gives his takeaways on what led to the collapse of Silicon Valley Bank and how it will affect customers and investors.

=> ↺ Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response.

• The government took drastic action to shore up the banking system and make depositors of two failed banks whole. It quickly drew blowback.

=> ↺ After Bank Debacle, Silicon Valley Reckons With Its Image

• Even as start-ups and investors began recovering their money from Silicon Valley Bank, the episode exposed the tech industry’s vulnerabilities.

=> ↺ Is My Money Safe After the SVB Collapse? How Banks Protect Your Money.

• The F.D.I.C. and other entities will protect most people’s bank and brokerage balances. But it’s as good a time as any for consumers to create other backstops.

=> ↺ U.S. Government Saves Tech’s Favorite Bank

• The U.S. government swooped in on Sunday to save the tech industry’s favorite bank, announcing that it would ensure all depositors in Silicon Valley Bank had full access to their money by Monday. Silicon Valley Bank is the second-largest bank to fail in U.S. history.

=> ↺ The fallout from Silicon Valley Bank’s collapse spreads to an Indian tech company.

• Nazara Technologies, a mobile gaming company, said two of its subsidiaries had together more than $7.7 million in balances at the failed bank.

=> ↺ Your Tuesday Briefing: A U.S. Banking Crisis

• Also, Russia is set to face war crimes charges and China’s new premier seeks to reassure investors.

=> ↺ How the Fed Broke Silicon Valley Bank

• The Fed’s anti-inflation measures had to hurt someone.

=> ↺ Everyone Is Learning the Wrong Lessons From the Silicon Valley Bank Collapse

• Plus: Fox News troubles, junk statistics about illicit economies, and more…

=> ↺ Signature and Silicon Valley Bank Collapses Followed Softened Regulation

• Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.

=> ↺ Silicon Valley Bank Isn’t Lehman

• And in earnest

=> ↺ Elizabeth Warren: We Can Prevent More Bank Failures

• The recent bank failures were entirely avoidable.

=> ↺ The Wall Street Journal Thinks Silicon Valley Bank Woked Itself Into Bankruptcy

• Another bank fails, and the anti-regulation apologists are quick to follow.

=> ↺ Ex-Silicon Valley Bank Employees Are Selling Company Swag on eBay

• President Joe Biden is striving to reassure Silicon Valley companies that their money is secured after the Silicon Valley Bank (SVB) crashed last week.

=> ↺ Big Tech wins unfair advantage over American workers in SVB scandal

• It’s true that Silicon Valley Bank didn’t get a bailout. But Silicon Valley itself absolutely did.

=> ↺ Venture capital and private equity firms reportedly working on acquiring parts of SVB

=> ↺ Banking system is ‘safe’, Biden assures Americans after SVB collapse

• US President Joe Biden on Monday reassured Americans that their banking system is safe in the wake of the sudden collapse of Silicon Valley Bank (SVB) and the federal takeover of a second bank.

=> ↺ France’s finance minister tells investors to ‘calm down’ over SVB contagion risk

• European finance ministers and the EU’s economics commissioner played down the contagion risk of the collapse of US Silicon Valley Bank (SVB) while European bank shares saw their biggest rout since the start of Russia’s invasion of Ukraine.

=> ↺ Japan’s banks slide, SVB contagion fear rattles markets

• Asia’s share markets slid on Tuesday, with Japan’s financial stocks leading losses as fear of a US banking crisis gripped investors ahead of crucial inflation data due later in the day. Fallout from the collapse of US lenders Silicon Valley Bank and Signature Bank widened overnight, despite government efforts to shore up confidence.

=> ↺ Global bank stock rout deepens after SVB collapse

• Shockwaves from the collapse of Silicon Valley Bank have pounded global bank stocks further as assurances from US President Joe Biden and other policymakers did little to calm markets and prompted a rethink on the interest rate outlook.

=> ↺ GOP Divided Over Federal Response to SVB Failure

• While some Republicans have backed federal regulators’ decision to intervene following the failure of a large California-based bank, others, including most 2024 presidential candidates, slammed the Biden administration.

=> ↺ Helsinki stock exchange dips amid US banking troubles

• The fallout from the collapse of Silicon Valley Bank (SVB) and Signature Bank has impacted the Helsinki stock market.

=> ↺ SVB and its Security Interests

=> ↺ ‘Absolutely idiotic’: Blame game over Silicon Valley Bank’s demise begins

=> ↺ Biden outlines consequences for failed banks’ executives

• President Joe Biden addressed the nation to reassure Americans that the banking system is safe after the collapse of Silicon Valley Bank and Signature Bank.

=> ↺ The tech industry avoided an ‘extinction-level event,’ but it’s not unscathed

• For much of the weekend, Silicon Valley scrambled to find a way through what one prominent tech investor described as an “extinction-level event for startups” after the collapse of a top lender in the industry.

=> ↺ What the Silicon Valley Bank fallout could mean for the next Fed rate hike

• As recently as last week, Federal Reserve chair Jerome Powell signaled the central bank is prepared to quicken the pace of interest rate increases, to a level that would likely exceed Wall Street forecasts.

=> ↺ Silicon Valley Bank collapses, governments swift to protect deposits

• The U.S. and U.K. governments are taking massive steps to avoid a financial crisis after the failure of Silicon Valley Bank. Regulators have failed to find a buyer for the $200 billion failed bank, yet assured depositors their money is still accessible.

=> ↺ A new generation of Americans wrestles with rising interest rates

• Persistent inflation has pushed America into an era of rising interest rates that millions of American workers have never experienced before. Consumers have been showing resilience, but also some signs of strain.

=> ↺ Political blame game erupts over SVB failure

• Republicans and Democrats alike have wasted no time turning the collapse of Silicon Valley Bank into a political football, seizing on the themes already animating each party’s economic message heading into 2024.

=> ↺ ASIC miners destroyed the ecology of Ethereum

• Introduction It could be the post you will not want to see if you mined Ethereum. ASIC miners have effectively devastated Ethereum’s environment by dominating the processing market. For miners, what does it mean? It implies that everyone who saves the most prominent players is no longer financially successful from mining.

=> ↺ How the Fed’s rate hike campaign broke things

• For months and months, everyone who follows markets has warned that the Federal Reserve’s aggressive monetary tightening would, inevitably, break things.

• The big picture: Over the weekend, we learned what those things were: large regional U.S. banks, and the lengths that regulators would go to keep that breakage from spiraling into a nationwide bank run.

=> ↺ First Republic leads rout as SVB backstop fails to quell jitters

• First Republic Bank shares plunged by more than 60% early Monday, leading a broad rout in bank stocks as a dramatic rescue of embattled Silicon Valley Bank failed to quell market volatility.

=> ↺ Biden says “banking system is safe” after Silicon Valley Bank collapse

• President Biden said Monday that “Americans can rest assured that our banking system is safe, your deposits are safe” after the collapse of Silicon Valley Bank.

=> ↺ The number of women in the workforce tops pre-pandemic levels for first time

• The number of women in the workforce in February was higher than pre-pandemic levels for the first time, according to the latest jobs data out Friday.

=> ↺ Let the bailout debate begin

• For roughly 77 hours, between noon ET on Friday and 6pm on Sunday, a chorus of Silicon Valley bigwigs and elected leaders called vocally for uninsured depositors of Silicon Valley Bank to be made whole — to be bailed out by the federal government. In the end, they got what they wanted.

=> ↺ Congress eyes next steps after 2nd and 3rd largest bank collapses in U.S. history

• The second and third largest bank collapses in U.S. history — coming in rapid succession — are prompting a reckoning within Congress about the state of the U.S. financial system.

• Why it matters: The vast majority of members of Congress came into office after the 2008 financial crisis. For them, this is relatively uncharted territory.

=> ↺ Silicon Valley pulls back from bank failure abyss

• The lightning collapse of Silicon Valley Bank Friday raised the specter of a broad tech-industry crash for the first time since the dotcom bubble burst in 2000.

• Driving the news: That threat, which loomed all weekend as legions of the startups that made up the bank’s clientele worried about meeting next week’s payrolls, receded after the federal government intervened Sunday to backstop depositors’ assets even over the $250,000 FDIC threshold.

• Yes, but: After a year of layoffs and market retreats, the run on the industry’s own community bank put tech’s new status as a troubled business in sharp relief.

=> ↺ 2023-03-13 U.S. Treasury: All Silicon Valley Bank Depositors Will Have Access to All of Their Money Starting Tomorrow

=> ↺ 2023-03-11 Matt Levine on SVB: ‘Startup Bank Had a Startup Bank Run’

=> ↺ 2023-03-08 Large Pension Provider in Great Britain Alleges That Sirius Didn’t Deposit Workers’ Pension Money in the Pension (Sirius Does Not Deny)

=> ↺ 2023-03-09 When You Report a Crime to the Police (and You’re Not Very Rich and/or Famous)

=> ↺ 2023-03-10 Unearthing Crimes of Sirius ‘Open Source’

=> ↺ 2023-03-13 Audio: Sirius Never Paid the Pension Provider, Staff Was in Effect Defrauded

AstroTurf/Lobbying/Politics

=> ↺ A new ‘rich’ and ‘strong’ China should aim for global role, says Xi

• Following talks that resulted in an agreement between Saudi Arabia and Iran to reopen diplomacy, Xi Jinping called for China to have a more significant role in global affairs. He also emphasized support for private enterprises and job creation.

=> ↺ Congress gets serious about TikTok legislation

• Episode 448 of the Cyberlaw Podcast

=> ↺ No First Amendment Violation in Twitter Restricting Access to Post Flagged by Cal. Secretary of State

• From O’Handley v. Weber, decided Friday in an opinion by Ninth Circuit Judge Paul Watford, joined by Judge Susan Graber and Federal Circuit Judge Evan Wallach: Rogan O’Handley contends that the social media company Twitter Inc. and California’s Secretary of State, Shirley Weber, violated his constitutional rights by acting in concert to censor his speech

=> ↺ The Global Collapse of the Institutional Credibility

• The collapse: The big and small or young and old institutions across the free world are mostly on the dance floors in conga lines happily pulling and dragging the movements on exotic tempos but not fully awakened yet to realize that the wedding between the public and the institutions is over…

=> ↺ Tucker’s Putin Envy

• Among the new details about the back channel Tucker Carlson had with Russia — purportedly to set up an interview with Putin — are that the intelligence community also obtained Signal texts, not just an email setting up a trip to Russia.

Censorship/Free Speech

=> ↺ N.Y. AG Appeals, to Defend Law Mandating Posting of “Hateful Conduct” Policies by Social Media Platforms (Including Us)

• Volokh v. James going to the Second Circuit.

=> ↺ Moscow Court Declares RFE/RL Bankrupt For Refusal To Pay ‘Foreign Agent’ Fines

• A Moscow court has declared the bankruptcy of RFE/RL’s operations in Russia following the company’s refusal to pay multiple fines totaling more than 1 billion rubles ($14 million) for noncompliance with the so-called “foreign agents” law.

=> ↺ ‘Navalny’ Wins Oscar for Best Documentary and His Wife Issues Message of Defiance

• The film followed Aleksei Navalny, a prominent critic of President Vladimir V. Putin of Russia, as he investigated his own near-fatal poisoning in 2020.

=> ↺ 2023-03-12 Meta to block access to news on Facebook, Instagram if Online News Act adopted as-is

Civil Rights/Policing

=> ↺ ‘Brighter days ahead’ for Hong Kong, China’s new premier Li Qiang says

=> ↺ Hong Kong ice hockey body could face sanctions after anthem blunder, as John Lee calls such gaffes ‘unacceptable’

• Hong Kong sports groups that do not comply with guidelines in place to ensure the correct version of the national anthem is played at international sporting events could be punished, Chief Executive John Lee has said.

=> ↺ Defamation suit filed by former Hong Kong leader CY Leung against Stand News, professor terminated

• A Hong Kong court has terminated a defamation case filed by former chief executive Leung Chun-ying against defunct online outlet Stand News and ex-university professor Chung Kim-wah after Leung accepted Chung’s clarification and HK$100,000 in settlement. Leung launched the legal action in August 2018, demanding an apology, damages and the withdrawal of an op-ed penned

=> ↺ 2023-03-13 Rutte criticizes XR’s blockade of A12, use of water cannons is their own fault

=> ↺ Slavery has ended, but her journey has only just begun

• On the Caribbean islands, slavery has just been abolished. Though not quite free, a mother goes looking for her stolen children and discovers her own strength, in Eleanor Shearer’s moving novel “River Sing Me Home.”

=> ↺ “Latvia gets a perfect score” on legal economic gender equality

• Latvia is one of just 14 countries worldwide which ensure equal economic rights before the law for men and women, according to a recent report from the World Bank.

Internet Policy/Net Neutrality

=> ↺ Electric cars are ditching AM radio — a critical safety tool

Monopolies

Trademarks

=> ↺ TTABlog Test: Which of These Three Section 2(d) Refusals Was/Were Reversed?

• The Board has affirmed the first 25 Section 2(d) refusals that it reviewed this year. Here are three more, but at least one was reversed. How do you think these three cases came out? [Results in first comment].

Gemini* and Gopher

Personal

=> ↺ The Stonecutter, Part 4

• He became more and more ecstatic, and as previously started to take his power for granted. Nobody and nothing could stop him. All through the summer he either burned the lands or observed and spared the people, depending solely on his own whims.

• For the first time he saw more than the country he was born in. He saw the world, and in a way he conquered it. Everyone was now his subject; that is they were subject to his moods and wants.

Technical

Science

=> ↺ 2023-03-08 Great Mysteries of Physics 1: is time an illusion?

=> ↺ 2023-03-08 How we discovered flamingos form cliques, just like humans

=> ↺ 2023-03-08 Quantum mechanics: how the future might influence the past

=> ↺ 2023-03-09 Why does music bring back memories? What the science says

=> ↺ 2023-03-10 A brief history of the UK’s Winchcombe meteorite

Programming

=> ↺ Introducing Stargate Relay, Search the web in gemini

• I am particularly invested in these things and have been ever since discovering the Duckling Proxy last year. Gemtext is an beautiful, simple, and eloquent way to digest information. Being able to read webpages through your gemini browser opens up a whole new way of experiencing the web.

• Gemini (Primer) links can be opened using Gemini software. It’s like the World Wide Web but a lot lighter. Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages. Permalink  Send this to a friend

=> Techrights

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