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A Startup Once Valued at $22 Billion is Now Worth Nothing
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2024-10-18 20:23:01


An anonymous reader shares a report: Byju Raveendran, the founder of the embattled edtech group Byju's, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, overestimated growth potential and that his startup, once valued at $22 billion, is now effectively worth "zero." ... [ Read it >> ]

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WP Engine Asks Court To Stop Matt Mullenweg From Blocking Access To WordPress Resources
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2024-10-18 19:23:01


WP Engine has filed a motion for a preliminary injunction against Automattic and its CEO Matt Mullenweg, seeking to halt their public campaign and regain access to WordPress resources. The hosting platform claims it's suffering "immediate irreparable harm," including a 14% spike in cancellation requests following Mullenweg's criticism. ... [ Read it >> ]

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India Plans Laptop Import Curbs To Boost Local Manufacturing
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2024-10-18 18:23:01


India is expected to limit imports of laptops, tablets and personal computers after January, Reuters reported Friday citing government sources, a move to push companies such as Apple to increase domestic manufacturing. From the report: This plan, if implemented, could disrupt an industry worth $8 billion to $10 billion and reshape the dynamics of the IT hardware market in India, which is heavily reliant on imports. A similar plan to restrict imports was withdrawn last year following backlash from companies and lobbying from the United States. India has since monitored imports under a system set to expire this year and has asked firms to seek fresh approvals for imports next year. The government feels it has given the industry enough time to adapt, said the sources, who did not want to be identified as discussions are private.... [ Read it >> ]

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Salesforce CEO Benioff Says Microsoft's Copilot Doesn't Work, Doesn't Offer 'Any Level of Accuracy' And Customers Are 'Left Cleaning Up the Mess'
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2024-10-18 17:23:05


Salesforce founder and chief executive Marc Benioff has doubled down on his criticism of Microsoft's Copilot, the AI-powered tool that can write Word documents, create PowerPoint presentations, analyze Excel spreadsheets and even reply to emails through Outlook. In a post on X, he writes: When you look at how Copilot has been delivered to customers, it's disappointing. It just doesn't work, and it doesn't deliver any level of accuracy. Gartner says it's spilling data everywhere, and customers are left cleaning up the mess. ... [ Read it >> ]

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Stripe In Talks To Acquire Bridge For $1 Billion
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2024-10-18 14:23:02


An anonymous reader quotes a report from TechCrunch: Stripe is in talks to acquire stablecoin platform Bridge for a whopping $1 billion, according to Forbes (paypalled). The talks are reportedly in advanced stages, although nothing has been finalized. Bridge, co-founded by Coinbase alumni Zach Abrams and Sean Yu, has built an API that helps companies accept stablecoins. The pair raised $58 million from investors like Index Ventures and Sequoia Capital, according to PitchBook. If the deal with Stripe goes through, it would be a huge jump from Bridge's $200 million valuation, as well as being Stripe's largest acquisition to date.... [ Read it >> ]

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Sam Altman's Worldcoin Rebrands As 'World,' Unveils Next Generation Orb
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2024-10-18 11:23:01


The blockchain-based identity verification company founded by Sam Altman is now called "World." It also unveiled a new version of the "Orb" biometric devices the company uses to scan users' eyes. CoinTelegraph reports: World, as it's now known, also revealed a slew of other updates including a new version of its Orb biometric scanning devices, new options for identity verification and partnership integrations with popular apps including FaceTime, WhatsApp, and Zoom. [...] The new Orb, powered by Nvidia hardware, will be more efficient and "five times" more powerful than its predecessor with a smaller footprint and fewer parts. The company also said the new Orb would eventually be available in self-service kiosks in some markets.... [ Read it >> ]

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Amazon Indicates Employees Can Quit If They Don't Like Its Return-to-Office Mandate
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2024-10-18 09:23:01


AWS CEO Matt Garman has harsh words for remote workers: return to the office or quit. TechCrunch: The Amazon executive recently told employees who don't like the new five-day in-person work policy that, "there are other companies around," presumably companies they can work for remotely, Reuters reported on Thursday. Amazon's top boss, Andy Jassy, told employees last month that there will be a full return-to-office starting in 2025, an increase from three days for roughly the last year.... [ Read it >> ]

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Trump Says Tim Cook Called Him To Complain About the EU
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2024-10-18 08:23:01


An anonymous reader quotes a report from The Verge: Donald Trump said Apple CEO Tim Cook called him to discuss the billions of dollars that Apple has been fined in the European Union. Trump made the statement during his appearance on the PBD Podcast -- and said that he won't let the EU "take advantage" of US companies like Apple if reelected. "Two hours ago, three hours ago, he [Cook] called me," Trump said. "He said the European Union has just fined us $15 billion... Then on top of that, they got fined by the European Union another $2 billion." In March, the EU fined Apple around $2 billion after finding that Apple used its dominance to restrict music streaming apps from telling customers about cheaper subscription deals outside the App Store. The EU later won its fight to make Apple pay $14.4 billion in unpaid taxes.... [ Read it >> ]

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Adobe's Upcoming Features Include AI Sound Generation and Image Remixing
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2024-10-18 05:23:02


During its MAX event yesterday, Adobe teased some experimental photo and video editing tools for PhotoShop and Premiere Pro. There are a total of nine features, which include being able to rotate vector images, produce sound effects from text descriptions, and generate images in various shapes and sizes. Engadget reports: [W]e'll start with Project Perfect Blend for PS, which improves natural blending and makes shadow casting more realistic, creating more lifelike images. Project Clean Machine removes photo flashes, fireworks and objects blocking the camera's view. One feature that stands out is Project In Motion, which lets users transform custom shape animations into video by entering a prompt, while Project Know How is a content authenticator tool that can search for a video file's source online. Project Turntable lets users rotate 2D vector art in 3D, thereby allowing the 2D vector art to face a direction of their choice. The generative AI model fills in any blanks to create presentable 3D vector art.... [ Read it >> ]

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Google's NotebookLM Now Lets You Customize Its AI Podcasts
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2024-10-18 04:23:01


Google's NotebookLM app has been updated to let you generate custom podcasts from almost any source material. The AI software is also dropping the "experimental" tag. Wired reports: To make an AI podcast using NotebookLM, open up the Google Labs website and start a New Notebook. Then, add any source documents you would like to be used for the audio output. These can be anything from files on your computer to YouTube links. Next, when you click on the Notebook guide, you'll now see the option to generate a deep dive as well as the option to customize it first. Choose Customize and add your prompt for how you'd like the AI podcast to come out. The software suggests that you consider what sections of the sources you'd like highlighted, larger topics you want further explored, or different intended audiences who you want the message to reach.... [ Read it >> ]

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Fake Google Meet Conference Errors Push Infostealing Malware
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2024-10-18 04:23:01


An anonymous reader quotes a report from BleepingComputer: A new ClickFix campaign is luring users to fraudulent Google Meet conference pages showing fake connectivity errors that deliver info-stealing malware for Windows and macOS operating systems. ClickFix is a social-engineering tactic that emerged in May, first reported by cybersecurity company Proofpoint, from a threat actor (TA571) that used messages impersonating errors for Google Chrome, Microsoft Word, and OneDrive. The errors prompted the victim to copy to clipboard a piece of PowerShell code that would fix the issues by running it in Windows Command Prompt. Victims would thus infect systems with various malware such as DarkGate, Matanbuchus, NetSupport, Amadey Loader, XMRig, a clipboard hijacker, and Lumma Stealer.... [ Read it >> ]

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Google Shifts Gemini App Team To DeepMind
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2024-10-18 03:23:01


In a memo from CEO Sundar Pichai, Google said it is moving the team behind the Gemini app to its AI research lab DeepMind. The shift "will improve feedback loops, enable fast deployment of our new models in the Gemini app," said Pichai. Reuters reports: Gemini is Google's most advanced AI technology, developed by DeepMind. The Gemini app is the direct consumer interface to the latest Gemini models. The Gemini app team, led by Sissie Hsiao, will join Google DeepMind under the leadership of its CEO Demis Hassabis.... [ Read it >> ]

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Employees Describe an Environment of Paranoia and Fear Inside Automattic
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2024-10-18 03:23:01


404 Media journalist and Slashdot contributor samleecole shares a report: After an exodus of employees at Automattic who disagreed with CEO Matt Mullenweg's recently divisive legal battle with WP Engine, he's upped the ante with another buyout offer -- and a threat that employees speaking to the press should "exit gracefully, or be fired tomorrow with no severance." Earlier this month, Mullenweg posed an "Alignment Offer" to all of his employees: Stand with him through a messy legal drama that's still unfolding, or leave. "It became clear a good chunk of my Automattic colleagues disagreed with me and our actions," he wrote on his personal blog on Oct. 3, referring to the ongoing dispute between himself and website hosting platform WP Engine, which Mullenweg called a "cancer to WordPress" and accusing WP Engine of "strip-mining the WordPress ecosystem. In the last month, he and WP Engine have volleyed cease and desist letters, and WP Engine is now suing Automattic, accusing Mullenweg of extortion and abuse of power.... [ Read it >> ]

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Hacker Arrested For the Fake SEC Tweet That Caused a Bitcoin Price Spike
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2024-10-18 02:23:01


The FBI has arrested an Alabama man who is accused of hacking the Securities and Exchange Commission's X account in January. From a report: The indictment alleges that 25-year-old Eric Council Jr. worked with co-conspirators to take control of the account and post a fake message from SEC Chair Gary Gensler about Bitcoin ETFs that caused the price of Bitcoin to jump by more than $1,000 momentarily. ... [ Read it >> ]

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Developers Now Required To Share Phone Number and Address On EU App Store
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2024-10-18 02:23:01


An anonymous reader quotes a report from MacRumors: Apple today reminded developers that the EU trader requirement in the European Union is now being enforced. Developers who distribute apps in the EU will now need to share information that includes address, phone number, and email address on the EU App Store. Submitting updates for apps on the App Store in the European Union now requires trader information that's added via App Store Connect, with those details shared on each developer's App Store page. App updates can no longer be submitted without trader information, and starting on February 17, 2025, apps that do not have a trader status set will be removed from the App Store in the EU until trader status is provided and verified.... [ Read it >> ]

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All Mobile Phones Must Be Hearing Aid Compatible Under New FCC Rules
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2024-10-18 01:23:01


In a press release today, the FCC said it is requiring all mobile phones sold in the U.S. to be compatible with hearing aids. TechCrunch reports: The FCC has not yet issued a specific timeline for compliance, only noting that the rules will be fully in effect "after a transition period." The rules discourage handset makers from instituting proprietary Bluetooth coupling, which could limit device compatibility with over-the-counter hearing aids. Under the new rules, companies will be required to note on their website if a given handset is compatible with hearing aids. Two years ago, the FDA announced that hearing aids would no longer require a prescription. The agency also recently approved Apple AirPods as hearing aids.... [ Read it >> ]

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Qualcomm Halts Snapdragon Dev Kit
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2024-10-17 22:23:01


Chipmaker Qualcomm has indefinitely paused production and support of its Snapdragon Developer Kit for Windows, citing quality concerns. Qualcomm says the product "has not met our usual standards of excellence." The cancellation comes shortly after the recent launch of over 30 Snapdragon X-series powered PCs.... [ Read it >> ]

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Why Microsoft Excel Won't Die
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2024-10-17 22:23:01


The business world's favourite software program enters its 40th year. The Economist: Excel has featured in plenty of workplace blunders -- though its defenders will be quick to blame human error. The financial world is littered with tales of costly spreadsheet errors. Excel has also been blamed for botching gene names in over a third of genomics papers (because it labelled them as dates); underreporting covid-19 cases in England (because it only had a limited number of rows in which to record the results); and disrupting the trial of January 6th rioters in America (because sensitive information was left in hidden cells). ... [ Read it >> ]

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The Pentagon Wants To Use AI To Create Deepfake Internet Users
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2024-10-17 22:23:01


schwit1 writes: The Department of Defense wants technology so it can fabricate online personas that are indistinguishable from real people.
The United States' secretive Special Operations Command is looking for companies to help create deepfake internet users so convincing that neither humans nor computers will be able to detect they are fake, according to a procurement document reviewed by The Intercept.... [ Read it >> ]

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Global Water Crisis Leaves Half of World Food Production at Risk in Next 25 Years
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2024-10-17 20:23:02


More than half the world's food production will be at risk of failure within the next 25 years as a rapidly accelerating water crisis grips the planet, unless urgent action is taken to conserve water resources and end the destruction of the ecosystems on which our fresh water depends, experts have warned in a landmark review. From a report: Half the world's population already faces water scarcity, and that number is set to rise as the climate crisis worsens, according to a report from the Global Commission on the Economics of Water published on Thursday. ... [ Read it >> ]

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No, Vinyl Sales Aren't Down 33% in 2024. They're up 6.2%
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2024-10-17 20:23:02


An anonymous reader shares a report: Starting on October 14, 2024, news outlets including Yahoo and NME reported that year-over-year, the U.S. vinyl market was down 33 percent. The data for these articles came from a weekly report from Billboard called "Market Watch," which automatically updates with data provided by the company Luminate. Amid the vinyl revolution, this news signified a shift in buyer habits: a sales decline among vinyl for the first time in 17 years. ... [ Read it >> ]

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South Korea Vows To Prevent Technology Leaks With Heavier Penalties
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2024-10-17 19:23:01


South Korea will prepare stronger measures in a bid to prevent overseas leaks of business secrets amid intensifying competition for advanced technologies, the finance minister said on Thursday. From a report: "We will prevent illegal leaks of advanced technologies to raise the global competitiveness of our companies and strengthen technology leadership," Minister Choi Sang-mok said. ... [ Read it >> ]

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AI-Powered Social Media Manipulation App Promises to 'Shape Reality'
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2024-10-17 19:23:01


An anonymous reader shares a report: Impact, an app that describes itself as "AI-powered infrastructure for shaping and managing narratives in the modern world," is testing a way to organize and activate supporters on social media in order to promote certain political messages. The app aims to summon groups of supporters who will flood social media with AI-written talking points designed to game social media algorithms.... [ Read it >> ]

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US Charges Duo Behind 'Anonymous Sudan' For Over 35,000 DDoS Attacks
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2024-10-17 17:23:01


An anonymous reader quotes a report from Hackread: The United States Department of Justice (DoJ) has indicted two Sudanese nationals for their alleged role in operating the hacktivist group Anonymous Sudan. The group claimed fame for conducting "tens of thousands" of large-scale and crippling Distributed Denial of Service attacks (DDoS attacks) targeting critical infrastructure, corporate networks, and government agencies globally. Ahmed Salah Yousif Omer, 22, and Alaa Salah Yusuuf Omer, 27, stand accused of conspiracy to damage protected computers. Ahmed Salah faces additional charges for damaging protected computers. The duo is believed to have controlled Anonymous Sudan, which, since early 2023, launched attacks on high-profile entities such as ChatGPT, UAE's Flydubai Airline, London Internet Exchange, Microsoft, and the Israeli BAZAN Group.... [ Read it >> ]

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China Cyber Association Calls For Review of Intel Products Sold In China
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2024-10-17 14:23:01


The Cybersecurity Association of China (CSAC) has recommended a security review of Intel's products sold in China, accusing the U.S. chipmaker of harming national security and citing vulnerabilities in its chips. Reuters reports: While CSAC is an industry group rather than a government body, it has close ties to the Chinese state and the raft of accusations against Intel, published in a long post on its official WeChat account, could trigger a security review from China's powerful cyberspace regulator, the Cyberspace Administration of China (CAC). "It is recommended that a network security review is initiated on the products Intel sells in China, so as to effectively safeguard China's national security and the legitimate rights and interests of Chinese consumers," CSAC said. [...]... [ Read it >> ]

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SpaceX Requests Starlink Gen2 Modification, Previews Gigabit-Speeds
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2024-10-17 11:23:01


Longtime Slashdot reader schwit1 shares a report from Via Satellite: SpaceX submitted a request to the FCC to modify the second generation, Gen2, of its Starlink satellite system with changes that SpaceX said will allow the constellation to deliver gigabit-speed broadband. SpaceX submitted the filing to the FCC on Oct. 11, and it was made public on Tuesday. The operator wants to make changes to the orbital configuration and operational parameters, and requests modifications for its Gen2 frequency authorization.... [ Read it >> ]

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Startup Can Identify Deepfake Video In Real Time
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2024-10-17 08:23:01


An anonymous reader quotes a report from Wired: Real-time video deepfakes are a growing threat for governments, businesses, and individuals. Recently, the chairman of the US Senate Committee on Foreign Relations mistakenly took a video call with someone pretending to be a Ukrainian official. An international engineering company lost millions of dollars earlier in 2024 when one employee was tricked by a deepfake video call. Also, romance scams targeting everyday individuals have employed similar techniques. "It's probably only a matter of months before we're going to start seeing an explosion of deepfake video, face-to-face fraud," says Ben Colman, CEO and cofounder at Reality Defender. When it comes to video calls, especially in high-stakes situations, seeing should not be believing.... [ Read it >> ]

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Are Standing Desks Actually Bad For Your Health?
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2024-10-17 06:23:01


A new study counters the widely held belief that standing desks are good for your health, discovering that it does not reduce the risk of diseases such as stroke and heart failure. In fact, it "found that being on your feet for more than two hours a day may increase the risk of developing problems such as deep vein thrombosis and varicose veins," reports The Guardian. The findings have been published in the International Journal of Epidemiology. From the report: To establish if standing provided any health benefits, the researchers studied data from 83,013 adults who are part of the UK Biobank health records database. These people did not have heart disease at the start of the study and wore devices on their wrists to track movement. The team found that for every extra 30 minutes spent standing beyond two hours, the risk of circulatory disease increased by 11%. Standing was not found to reduce the risk of heart conditions such as stroke, heart failure and coronary heart disease, the researchers said. "The key takeaway is that standing for too long will not offset an otherwise sedentary lifestyle and could be risky for some people in terms of circulatory health," said Dr Matthew Ahmadi, of the University of Sydney's faculty of medicine and health. "We found that standing more does not improve cardiovascular health over the long-term and increases the risk of circulatory issues."... [ Read it >> ]

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Ex-Palantir CISO Dane Stuckey Joins OpenAI To Lead Cybersecurity
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2024-10-17 05:23:02


wiredmikey shares a report from SecurityWeek: Dane Stuckey, the former Chief Information Security Officer (CISO) of big data analytics and AI firm Palantir, has joined OpenAI CISO. Stuckey served in senior security roles at Palantir for more than ten years, including 6 plus years as the company's CISO. In his new role, Stuckey said he would be working alongside Matt Knight, Head of Security at OpenAI. "Security is germane to OpenAI's mission," said Stuckey in a post on X. "It is critical we meet the highest standards for compliance, trust, and security to protect hundreds of millions of users of our products, enable democratic institutions to maximally benefit from these technologies, and drive the development of safe AGI for the world."... [ Read it >> ]

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Robinhood Launches Desktop Platform, Adds Features and Index Options Trading
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2024-10-17 04:23:02


An anonymous reader quotes a report from Reuters: Robinhood launched its long-awaited desktop platform and added futures and index options trading features to its mobile app on Wednesday, as the fintech firm aims to take market share from traditional brokerages. The 11-year-old commission-free trading app, which became synonymous with mom-and-pop investors in 2021, is now seeking to mature into a full-fledged financial services provider and compete with established brokerages that serve institutional investors. The Menlo Park, California-based company said its desktop trading platform, dubbed "Robinhood Legend," will focus on active traders.... [ Read it >> ]

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Apple's New Feature Lets Brands Put Their Stamp On Emails, Calls To Your iPhone
robot(spnet, 1) — All
2024-10-17 03:23:01


Apple is enhancing its Business Connect tool, allowing companies to customize how they appear in emails, phone calls, and payment interfaces on iPhones. The Verge reports: Each registered business can confirm its info is accurate and add additional details like photos or special offers. Collecting verified, up-to-date business information could be useful for Apple if it ever launches its own search engine or inside features for Apple Intelligence instead of sending users to outside sources like Google, Yelp, or Meta. Branded Mail is a feature businesses can sign up for today before it starts rolling out to users later this year, potentially making emails easier to identify in a sea of unread messages.... [ Read it >> ]

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Meta Is Laying Off Employees After 2023's 'Year of Efficiency'
robot(spnet, 1) — All
2024-10-17 03:23:01


According to The Verge, Meta has "begun laying off employees across various departments, including WhatsApp, Instagram, and Reality Labs." From the report: Rather than a mass, companywide layoff, these smaller cuts seem to coincide with reorganizations of specific teams. Some Meta employees have started posting that they've been laid off. Among them is Jane Manchun Wong, who gained notoriety for reporting on unannounced features coming to apps before joining the Threads team in 2023. Meta laid off 11,000 employees in 2022 and then cut 10,000 more people as part of CEO Mark Zuckerberg's "year of efficiency" in 2023.... [ Read it >> ]

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Parents Take School To Court After Student Punished For Using AI
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2024-10-17 03:23:01


The parents of a Massachusetts student are suing his school after he was penalized for using AI in a Social Studies project, claiming it was for research purposes only. The student received a detention and a lower grade, which his parents argue could harm his college prospects. The school is defending its AI policy and fighting to dismiss the case. The Register reports: "The Plaintiff Student will suffer irreparable harm that far outweighs any harm that may befall the Defendants," their filing reads [PDF]. "He is applying to elite colleges and universities given his high level of academic and personal achievement. Early decision and early action applications in a highly competitive admissions process are imminent and start in earnest on October 1, 2024. Absent the grant of an injunction by this Court, the Student will suffer irreparable harm that is imminent."... [ Read it >> ]

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Tinkerers Are Taking Old Redbox Kiosks Home and Reverse Engineering Them
robot(spnet, 1) — All
2024-10-17 02:23:01


An anonymous reader quotes a report from 404 Media: The code that runs Redbox DVD rental machines has been dumped online, and, in the wake of the company's bankruptcy, a community of tinkerers and reverse engineers are probing the operating system to learn how it works. Naturally, one of the first things people did was make one of the machines run Doom. As has been detailed in several great articles elsewhere, the end of Redbox has been a clusterfuck, with pharmacies, grocery stores, and other retailers stuck with very large, heavy, abandoned DVD rental kiosks. To many people's surprise, many of the kiosks remain operational even with the bankruptcy of Redbox's parent company, which has led some people to "liberate" DVDs from the abandoned kiosks. Reddit is full of posts by people who say they have taken dozens of DVDs from kiosks all over the country. Free DVDs is one thing. But in recent days, people have realized that they can, in some cases, get free Redbox kiosks. In an August filing, Walgreens told the bankruptcy court that it has 5,400 abandoned kiosks at its stores, and that it is spending $184,000 a month keeping them powered. "Walgreens should not be required to continue to 'store' and power Redbox kiosks across the country without any form of payment," the company wrote. And so tinkerers and reverse engineers have begun asking stores whether they can take the devices off their hands. There are also posts on Reddit by contractors who are selling them, and I was able to find various Redbox DVD kiosks being advertised for sale on Facebook Marketplace. (There are far more listings on Facebook Marketplace from people who have obtained hundreds or thousands of Redbox DVDs and are now selling them.)... [ Read it >> ]

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Apple Headset Stalls, Struggles To Attract Killer Apps in First Year
robot(spnet, 1) — All
2024-10-17 02:23:01


Apple's $3,499 Vision Pro is struggling to attract major software-makers to develop apps for the device, a challenge that threatens to slow the progress of the company's biggest new product in a decade. WSJ: New apps released on the Vision Pro every month have slowed since its launch in January. Some of the most successful virtual-reality software developers have so far opted not to build apps for the headset. Without enough killer apps, certain users have found the device less useful and are opting to sell it. "It's a chicken-or-egg problem," said Bertrand Nepveu, who previously worked on the Vision Pro at Apple and is now an investor in this area at Triptyq Capital. ... [ Read it >> ]

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Credit Cards Don't Require Signatures. So Why Do We Still Sign?
robot(spnet, 1) — All
2024-10-17 01:23:01


An anonymous reader shares a report: The big financial moments in life used to be marked with a flourish of a pen. Buying a house. A car. Breakfast. Not anymore. Visa, Mastercard, Discover and American Express dropped the requirement to sign for charges like restaurant checks in 2018. They don't look at our scribbles to verify identity or stop fraud. Taps, clicks and electronic signatures took over the heavy lifting for many everyday purchases -- and many contracts, loan applications and even Social Security forms. The John Hancock was written off as a relic useful mainly to inflate the value of sports memorabilia. But signatures didn't die. ... [ Read it >> ]

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TV Ads To Target Households on Individual Streets in UK
robot(spnet, 1) — All
2024-10-17 00:23:01


An anonymous reader shares a report: Households on individual streets will be targeted with personalised adverts under plans being rolled out by Channel 4. The channel is to use new technology which will allow brands to tailor who sees their advert by enabling them to select a demographic within a specific location down to street level. For example, someone watching Made in Chelsea on Channel 4's streaming service could be served an ad for a fashion brand in a local outlet to them if a particular fashion trend is being discussed. ... [ Read it >> ]

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Smart Gardening Firm's Shutdown a Reminder of Internet of Things' Fickle Nature
robot(spnet, 1) — All
2024-10-17 00:23:01


AeroGarden, which sells Wi-Fi-connected indoor gardening systems, is going out of business on January 1. While Scotts Miracle-Gro has continued selling AeroGarden products after announcing the impending shutdown, the future of the devices' companion app is uncertain.

[ Read more of this story ]( https://tech.slashdot.org/story/24/10/16/1748204/smart-gardening-firms-shutdown-a-reminder-of-internet-of-things-fickle-nature?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.... [ Read it >> ]

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Man Sues Town for $647 Million Over Trashed Bitcoin Hard Drive
robot(spnet, 1) — All
2024-10-16 23:23:01


smooth wombat writes: In 2013, James Howell's partner inadvertently threw out a hard drive along with other trash. Unknown to this person, this hard drive contained approximately 8,000 bitcoins. For the past decade Howell has been petitioning the town council of Newport to excavate the landfill in the hope of recovering the drive which would now hold approximately $647 million worth of cryptocurrency. Now he is suing the council in an attempt to force them to let him excavate. ... [ Read it >> ]

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People Think They Already Know Everything They Need To Make Decisions
robot(spnet, 1) — All
2024-10-16 22:23:01


New research challenges assumptions about decision-making, revealing people tend to believe they have sufficient information regardless of actual data at hand. A study by Gehlbach, Robinson, and Fletcher, published earlier this month, found participants consistently overestimated their knowledge when given partial information on a hypothetical school merger scenario. ... [ Read it >> ]

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'A Nobel For the Big Big Questions'
robot(spnet, 1) — All
2024-10-16 21:23:02


In a rather critical analysis of the 2024 Economics Nobel, commentator Noah Smith has questioned the prize's shift back to "big-think" theories. He argues that Acemoglu, Johnson, and Robinson's (the winner of the 2024 Economics Nobel) influential work on institutions and development, while intriguing, lacks robust empirical validation. From his blog: The science prizes rely very heavily on external validity to determine who gets the prize -- your theory or your invention has to work, basically. If it doesn't, you can be the biggest genius in the world, but you'll never get a Nobel. The physicist Ed Witten won a Fields Medal, which is even harder to get than a Nobel, for the math he invented for string theory. But he'll almost certainly never get a Physics Nobel, because string theory can't be empirically tested. ... [ Read it >> ]

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Digital River Runs Dry
robot(spnet, 1) — All
2024-10-16 21:23:02


Digital River has not paid numerous merchants since midsummer for software and digital products they sold through its MyCommerce platform. The Register: "After over 20 years of partnership with Digital River, Traction Software Ltd has been left feeling as though we've been 'rug pulled,'" Lee Midgley, managing director of Traction Software, told The Register. "For the past three months, we've experienced a complete halt in software sales revenue payments with no support, no direct contact, and only additional terms and conditions designed to delay resolution and extract more money from us. ... [ Read it >> ]

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FTC Takes on Subscription Traps With 'Click To Cancel' Rule
robot(spnet, 1) — All
2024-10-16 20:23:01


The U.S. Federal Trade Commission adopted a final rule on Wednesday requiring businesses to make it as easy to cancel subscriptions and memberships as it is to sign up, in the agency's last major rulemaking before the Nov. 5 election. From a report: The "click to cancel" rule requires retailers, gyms and other businesses to get consumers' consent for subscriptions, auto-renewals and free trials that convert to paid memberships. The cancellation method must be "at least as easy to use" as the sign up process. FTC Chair Lina Khan said in an interview that the rule is an overdue response to a rising number of consumer complaints about situations in which it is "extraordinarily easy to sign up for a subscription, but absurdly difficult to cancel." ... [ Read it >> ]

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Amazon Finally Has a Color Kindle
robot(spnet, 1) — All
2024-10-16 20:23:01


Amazon has unveiled its first color e-reader, the Kindle Colorsoft Signature Edition, priced at $279.99. The 7-inch device, available for preorder with shipments starting October 30th, utilizes E Ink's Kaleido technology and a new display stack. Kevin Keith, head of Kindle products, claims the Colorsoft maintains Kindle's hallmark features while introducing color without compromising performance. ... [ Read it >> ]

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Amazon Joins Push For Nuclear Power To Meet Data Center Demand
robot(spnet, 1) — All
2024-10-16 19:23:01


Amazon said on Wednesday it has signed three agreements on developing the nuclear power technology called small modular reactors, becoming the latest big tech company to push for new sources to meet surging electricity demand from data centers. From a report: Amazon said it will fund a feasibility study for an SMR project near a Northwest Energy site in Washington state. The SMR is planned to be developed by X-Energy. Financial details were not disclosed. Under the agreement, Amazon will have the right to purchase electricity from four modules. Energy Northwest, a consortium of state public utilities, will have the option to add up to eight 80 MW modules, resulting in a total capacity up to 960 MWs, or enough to power the equivalent of more than 770,000 U.S. homes. The additional power would be available to Amazon and utilities to power homes and businesses. "Our agreements will encourage the construction of new nuclear technologies that will generate energy for decades to come," said Matt Garman, CEO of Amazon Web Services. SMRs will have their components built in a factory to reduce construction costs. [...] ... [ Read it >> ]

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Open-sourcing of WinAmp Goes Badly As Owners Delete Entire Repo
robot(spnet, 1) — All
2024-10-16 18:23:01


New submitter king*jojo writes: The owners of WinAmp have just deleted their entire repo one month after uploading the source code to GitHub. Lots of source code, and quite possibly, not all of it theirs. The deletion happened soon after The Register enquired about the seeming inclusion of Shoutcast DNAS code and some Microsoft and Intel codecs.... [ Read it >> ]

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Discord Disputes DMCA Subpoena, Rejects Role As 'Anti-Piracy' Partner
robot(spnet, 1) — All
2024-10-16 17:23:01


An anonymous reader quotes a report from TorrentFreak: Korean game publisher Nexon is using the U.S. legal system to address online copyright infringement. The company obtained a DMCA subpoena that requires Discord to hand over the personal details of suspected pirates. While Discord has shared information in the past, it doesn't plan to cooperate any longer, refusing to play the role of 'anti-piracy police'. [...] The messaging platform wrote that it is prepared to file a motion to quash the subpoena, if needed. It further urged Nexon to withdraw their demands, and cease sending any similar 'defective' subpoenas going forward. To support its stance, Discord made a list of twenty-two general objections and reservations. Among other things, the company wants to protect user privacy and their first amendment right to anonymous speech.... [ Read it >> ]

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Sustainable Building Effort Reaches New Heights With Wooden Skyscrapers
robot(spnet, 1) — All
2024-10-16 14:23:02


The University of Toronto is constructing a 14-story building using mass timber, one of the largest and most recent projects to employ this innovative building technology. "Mass timber is an appealing alternative to energy-intensive concrete and steel, which together account for almost 15 percent of global carbon dioxide emissions," reports Knowable Magazine. "Though experts are still debating mass timber's role in fighting climate change, many are betting it's better for the environment than current approaches to construction. It relies on wood, after all, a renewable resource." From the report: Today, the tallest mass timber building is the 25-story Ascent skyscraper in Milwaukee, completed in 2022. As of that year, there were 84 mass timber buildings eight stories or higher either built or under construction worldwide, with another 55 proposed. Seventy percent of the existing and future buildings were in Europe, about 20 percent in North America and the rest in Australia and Asia, according to a report (PDF) from the Council on Tall Buildings and Urban Habitat. When you include smaller buildings, at least 1,700 mass timber buildings had been constructed in the United States alone as of 2023. [...]... [ Read it >> ]

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First Section of Euclid Space Telescope's Map of the Universe Revealed
robot(spnet, 1) — All
2024-10-16 11:23:02


The Euclid mission has revealed the first part of a 3D map of the universe, showcasing 14 million galaxies and tens of millions of stars with unprecedented detail. "The Euclid mission, launched in 2023 and run by the European Space Agency (Esa) with contributions from Nasa, sent its first snapshots in November of that year and in May 2024," reports The Guardian. "The goal of Euclid is to enable the creation of a 3D map in time and space of the universe, in an attempt to elucidate its evolution and, as a result, shed light on the mysterious phenomena of dark energy and dark matter that together make up 95% of the universe." From the report: The newly released data is a mosaic of 208 gigapixels and covers 1% of what will be the final map. The completed map is expected to involve six years of observations and will take in a third of the sky, with observations expected to capture billions of galaxies out to 10 billion light years. [...] Images released by Esa highlight the area of the sky covered by the new mosaic, together with the mosaic itself and zoomed-in views within it.... [ Read it >> ]

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Petroleum Drilling Technology Is Now Making Carbon-Free Power
robot(spnet, 1) — All
2024-10-16 08:23:01


An anonymous reader quotes a report from NPR: There's a valley in rural southwest Utah that's become a hub for renewable energy. Dozens of tall white wind turbines whoosh up in the sky. A sea of solar panels glistens in the distance. But the new kid on the block is mostly hidden underground. From the surface, Fervo Energy's Cape Station looks more or less like an oil derrick, with a thin metal tower rising above the sagebrush steppe. But this $2 billion geothermal project, which broke ground last year, is not drilling for gas. It's drilling for underground heat that CEO Tim Latimer believes holds the key to generating carbon-free power -- lots of it.... [ Read it >> ]

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