The top U.S. consumer finance watchdog warned businesses about potential legal problems they could face from using new technology such as artificial intelligence or algorithmic scores to snoop on and evaluate their employees. From a report: The Consumer Financial Protection Bureau on Thursday said "invasive" new tools to monitor workers are governed by a law designed to ensure fairness in credit reporting, giving employees specific rights. Employees have the right to consent to the collection of personal information, to receive detailed information and to dispute inaccurate information, the CFPB said in the newly released guidance. ... [ Read it >> ]

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An anonymous reader shares a report: OpenAI says that it doesn't intend to release an AI model code-named Orion this year, countering recent reporting on the company's product roadmap. "We don't have plans to release a model code-named Orion this year," a spokesperson told TechCrunch via email. "We do plan to release a lot of other great technology." ... [ Read it >> ]

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PayPal will begin sharing detailed customer purchase data, including clothing sizes and shopping preferences, with retailers for targeted advertising starting November 27, the payments company announced in a recent privacy update. The initiative affects PayPal's 391 million active consumer accounts worldwide. While customers can opt out through the app's settings, the GAO reports such opt-out rates typically remain below 7% across financial services.... [ Read it >> ]

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An anonymous reader shares a report: Drivers passing through San Francisco have a new roadside distraction to consider: billboards calling out businesses that don't cough up for the open source code that they use. The signs are the work of the Open Source Pledge -- a group that launched earlier this month. It asks businesses that make use of open source code to pledge $2,000 per developer to support projects that develop the code. So far, 25 companies have signed up -- but project co-founder Chad Whitacre wants bigger firms to pay their dues, too. ... [ Read it >> ]

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Seven Spirals writes: A working paper [PDF], published by the National Bureau of Economic Research, studies the employment effects of a guaranteed income by providing $1,000 per month to 1,000 low-income participants for three years, compared to a control group receiving $50 per month. The results show a decrease in labor market participation by 2 percentage points and a reduction of 1.3-1.4 hours in weekly work hours. Most of the additional free time was spent on leisure, and there were no significant improvements in job quality or human capital investments. Overall, the guaranteed income led to a moderate reduction in labor supply without other substantial productive benefits.... [ Read it >> ]

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A government-controlled wallet that had been drained of $20 million on Thursday received most of its funds back Friday, adding another layer of mystery to transactions flagged by blockchain analysts as likely being connected to a high-profile theft. From a report: The pseudonymous blockchain sleuth ZachXBT had said in a tweet Thursday that the transfers resembled the playbook of a bad actor. Engaging with several decentralized finance protocols, the wallet had also tapped so-called instant exchanges after funds were moved across a series of transfers that "looked nefarious." About $19.3 million worth of funds had been returned to the wallet early Friday, per on-chain data collected by Arkham Intelligence, including Ethereum and the stablecoin USDC. Still, ZachXBT said in his Telegram community that funds transferred to exchanges had not yet been returned.... [ Read it >> ]

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Scientists from 15 countries warned in an open letter that the potential collapse of the Atlantic Ocean's main circulation system (AMOC) has been "greatly underestimated" and could have devastating global impacts, according to oceanographer Stefan Rahmstorf who spoke to The Guardian. The AMOC system, which moves heat through the northern Atlantic and influences weather patterns across Europe, has shown signs of weakening over the past 60-70 years due to global warming, with indicators including a persistent cold spot in the northern Atlantic and record-low salt levels in seawater. ... [ Read it >> ]

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Microsoft is seeking to boost its video games business with the release of the latest instalment of the Call of Duty franchise on Friday, pushing to increase subscription revenues through the new game to offset falling Xbox console sales. Financial Times: Black Ops 6 is the first of the best-selling series to be launched on the tech giant's Game Pass subscription service. It represents the biggest test of the company's gaming strategy [non-paywalled link] since its $75bn deal to acquire Activision Blizzard -- makers of Call of Duty -- received sign-off from regulators last year. Microsoft hopes that the release will help achieve its target of reaching 110mn Game Pass subscribers by 2030, a substantial rise from 34mn in February this year. ... [ Read it >> ]

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OFF Radio Krakow sparked controversy by replacing its journalists with AI-generated presenters in an experiment to attract younger audiences. CNN Business reports: Weeks after letting its journalists go, OFF Radio Krakow relaunched this week, with what it said was âoethe first experiment in Poland in which journalists ... are virtual characters created by AI." The station in the southern city of Krakow said its three avatars are designed to reach younger listeners by speaking about cultural, art and social issues including the concerns of LGBTQ+ people. "Is artificial intelligence more of an opportunity or a threat to media, radio and journalism? We will seek answers to this question," the station head, Marcin Pulit, wrote in a statement.... [ Read it >> ]

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Four astronauts splashed down in the Gulf of Mexico on Friday after their record ISS mission stretched to eight months due to Boeing capsule malfunctions and hurricane disruptions. The SpaceX Dragon capsule landed off Florida's coast before dawn, carrying NASA astronauts Matthew Dominick, Michael Barratt, Jeanette Epps and Russian cosmonaut Alexander Grebenkin. ... [ Read it >> ]

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An anonymous reader quotes a report from Reuters: The European Space Agency is in talks with SpaceX about the possibility of Elon Musk's space venture joining an international charter designed to reduce a growing swarm of debris in space, Director General Josef Aschbacher told Reuters. The 22-nation agency is spearheading one of several efforts to roll back the mass of space junk swirling round the planet from past missions that poses a risk to active satellites. Aschbacher said 110 countries or entities have joined ESA's Zero Debris charter, which aims to stop any new orbital garbage being generated by 2030.... [ Read it >> ]

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UnitedHealth Group said a ransomware attack in February resulted in more than 100 million individuals having their private health information stolen. The U.S. Department of Health and Human Services first reported the figure on Thursday. TechCrunch reports: The ransomware attack and data breach at Change Healthcare stands as the largest known digital theft of U.S. medical records, and one of the biggest data breaches in living history. The ramifications for the millions of Americans whose private medical information was irretrievably stolen are likely to be life lasting. UHG began notifying affected individuals in late July, which continued through October. The stolen data varies by individual, but Change previously confirmed that it includes personal information, such as names and addresses, dates of birth, phone numbers and email addresses, and government identity documents, including Social Security numbers, driver's license numbers, and passport numbers. The stolen health data includes diagnoses, medications, test results, imaging and care and treatment plans, and health insurance information -- as well as financial and banking information found in claims and payment data taken by the criminals.... [ Read it >> ]

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An anonymous reader quotes a report from New Scientist: As the world emerged from the lockdowns of the covid-19 pandemic, many countries promised to rebuild their economies in a climate-friendly fashion, amid hopes the recovery effort could accelerate the global journey to net-zero emissions. In reality, the opposite has happened. Instead of a "green recovery," global greenhouse gas emissions are rising much faster now than they did in the decade preceding the global pandemic. Emissions rose 1.3 percent to 57.1 gigatons of carbon dioxide equivalent in 2023. That is a far faster annual rate of growth than during the decade 2010-2019, when emissions grew on average 0.8 percent per year. In fact, global greenhouse gas emissions are now just below the 59.1 gigatons peak recorded in 2019.... [ Read it >> ]

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Starting next week, Google Photos will label when an image was edited with AI. The Verge reports: "Photos edited with tools like Magic Editor, Magic Eraser and Zoom Enhance already include metadata based on technical standards from The International Press Telecommunications Council (IPTC) to indicate that they've been edited using generative AI," John Fisher, engineering director of Google Photos, wrote in a blog post. "Now we're taking it a step further, making this information visible alongside information like the file name, location and backup status in the Photos app."... [ Read it >> ]

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The EU Court of Justice ruled in favor of Intel, dismissing the European Commission's appeal and ending a nearly two-decade-long case over allegations that Intel's rebates to computer makers were anticompetitive. Reuters reports: The European Commission had fined Intel for giving rebates to computer makers Dell, Hewlett-Packard and Lenovo for buying most of their chips from Intel, which regulators said was an attempt to block Advanced Micro Devices. Regulators generally oppose rebates offered by dominant companies because they fear they may be anticompetitive, while companies say enforcers must prove discounts have anticompetitive effects before companies are sanctioned.... [ Read it >> ]

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MojoKid writes: Intel has lifted the embargo on independent reviews of its new Core Ultra 200S series Arrow Lake-S processors, which mark a shift in its desktop CPU strategy with symmetrical core/thread counts (no Hyperthreading) and a dedicated 13 TOPS NPU. This series features a disaggregated tiled design for the first time in Intel's desktop chips, focusing on efficiency and power reduction. The Core Ultra 5 245, priced around $300, and the Ultra 9 285K at $589 deliver strong performance, particularly in creator workloads, competing well with AMD's Ryzen CPUs, while the Ultra 9 285K's price undercuts AMD's Ryzen 9 9950X significantly. While gaming performance shows slight regression in spots, the new chips are much more power-efficient than their predecessors. Overall, the platform offers leading-edge features, competitive pricing, and solid performance for creators, gamers and workstation pros.... [ Read it >> ]

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An anonymous reader quotes a report from TechCrunch: Smashing, a new app curating the best of the web from Goodreads co-founder Otis Chandler, is now available to the public. Like Goodreads, the app aims to create a community around content. But this time, instead of books, the focus is on web content -- like news articles, blog posts, social media posts, podcasts, and more. In addition, Smashing is introducing an AI Questions feature that allows you to engage with the content being shared in different ways, including by viewing a news story from different perspectives or asking the AI to poke holes in the story, among other things. By viewing different angles of a story, you can see how both the political left and right view the subject. Or, in the case of a company's stock, you might be presented with both the bull and bear case.... [ Read it >> ]

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Ahead of Georgia's parliamentary elections, Georgian authorities raided the homes of disinformation researchers Eto Buziashvili and Sopo Gelava, seizing personal devices. The Record: Eto Buziashvili and Sopo Gelava, both employees of the Atlantic Council think tank, had their homes searched and their own and their family members' personal devices seized by investigators working for the country's Ministry of Finance, according to friends of the pair who spoke to Recorded Future News. Both women are said to be safe, although there are concerns about the security of their devices and online accounts. The searches come a day after Buziashvili published an article detailing how the Kremlin was influencing Georgian politics by supporting the incumbent government and interfering in the upcoming elections.... [ Read it >> ]

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Amazon is shutting down its Amazon Today service, which provided same-day delivery from mall and brick-and-mortar retailers. The program will mostly wind down by December 2, 2024, with select partners fulfilling orders until January 2025. CNBC reports: A small amount of employees will be laid off and provided with severance, while others will be transitioned to other positions within Amazon, the company said. Employees who work on Amazon Today learned the news in a meeting on Monday, where some staffers were informed they would be laid off, the people said. Roughly 300 employees were working on Amazon Today, the people said. Amazon disputed the figure, saying there were approximately 175 employees in the unit. The closure of Amazon Today is the latest example of the company's broader cost-cutting efforts.... [ Read it >> ]

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Google is introducing a dark mode to the web version of Google Calendar and rolling out a "refreshed user interface." From a report: The new UI will include buttons, dialog boxes, and sidebars that are "more modern and accessible" with improved typefaces. The update started rolling out this week and soon it will be available to everyone, whether they're using a personal Gmail login or any sort of paid Google Workspace account. ... [ Read it >> ]

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An anonymous reader quotes a report from Ars Technica: Back in May, Google augmented its Gemini AI model with SynthID, a toolkit that embeds AI-generated content with watermarks it says are "imperceptible to humans" but can be easily and reliably detected via an algorithm. Today, Google took that SynthID system open source, offering the same basic watermarking toolkit for free to developers and businesses. The move gives the entire AI industry an easy, seemingly robust way to silently mark content as artificially generated, which could be useful for detecting deepfakes and other damaging AI content before it goes out in the wild. But there are still some important limitations that may prevent AI watermarking from becoming a de facto standard across the AI industry any time soon.... [ Read it >> ]

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The White House is directing the Pentagon and intelligence agencies to increase their adoption of AI, expanding the Biden administration's efforts to curb technological competition from China and other adversaries. From a report: The edict is part of a landmark national security memorandum published Thursday. It aims to make government agencies step up experiments and deployments of AI. The memo also bans agencies from using the technology in ways that "do not align with democratic values," according to a White House news release. ... [ Read it >> ]

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Cable companies, advertising firms, and newspapers are asking courts to block a federal "click-to-cancel" rule that would force businesses to make it easier for consumers to cancel services. From a report: Lawsuits were filed yesterday, about a week after the Federal Trade Commission approved a rule that "requires sellers to provide consumers with simple cancellation mechanisms to immediately halt all recurring charges." ... [ Read it >> ]

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whitroth writes: People here and elsewhere have been yelling for more nuclear power, and that renewables can't meet demand. Surprise -- the corporations are betting on them, and massive numbers of batteries can be produced a lot faster than nuclear plants can be built. The Guardian adds: Faced with worsening climate-driven disasters and an electricity grid increasingly supplied by intermittent renewables, the US is rapidly installing huge batteries that are already starting to help prevent power blackouts. From barely anything just a few years ago, the US is now adding utility-scale batteries at a dizzying pace, having installed more than 20 gigawatts of battery capacity to the electric grid, with 5GW of this occurring just in the first seven months of this year, according to the federal Energy Information Administration (EIA). This means that battery storage equivalent to the output of 20 nuclear reactors has been bolted on to America's electric grids in barely four years, with the EIA predicting this capacity could double again to 40GW by 2025 if further planned expansions occur. ... [ Read it >> ]

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theodp writes: "Computer science education is a necessity for all students," argues tech-backed nonprofit Code.org in its newly-published 2024 State of Computer Science Education (Understanding Our National Imperative) report. "Students of all identities and chosen career paths need quality computer science education to become informed citizens and confident creators of content and digital tools." ... [ Read it >> ]

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penciling_in writes: Pat Kane, Senior VP at Verisign, reports that on October 20th, ICANN and Verisign renewed the agreement under which Verisign will continue to act as Root Zone Maintainer for the Domain Name System (DNS) for another 8-year term. "The Root Zone sits atop the hierarchical architecture of the DNS and is essential to virtually all internet navigation, acting as the dynamic, cryptographically secure, global directory of all top-level domains that exist in the DNS. The Root Zone Maintainer is a unique role that ensures the cryptographic signing and publication of the Root Zone no less than once a day, without which, navigation on the internet would be impossible," the story adds.... [ Read it >> ]

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The chief scientist of the Asia Pacific Network Information Center has a theory about why the world hasn't moved to IPv6. From a report: In a lengthy post to the center's blog, Geoff Huston recounts that the main reason for the development of IPv6 was a fear the world would run out of IP addresses, hampering the growth of the internet. But IPv6 represented evolution -- not revolution. "The bottom line was that IPv6 did not offer any new functionality that was not already present in IPv4. It did not introduce any significant changes to the operation of IP. It was just IP, with larger addresses," Huston wrote. ... [ Read it >> ]

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Ireland's data-protection watchdog fined LinkedIn 310 million euros ($334.3 million), saying the Microsoft-owned career platform's personal-data processing breached strict European Union data-privacy and security legislation. From a report: The Irish Data Protection Commission in 2018 launched a probe into LinkedIn's processing of users' personal data for behavioral analysis and targeted advertising after its French equivalent flagged a complaint it received from a non-profit organization. Irish officials raised concerns on the lawfulness, fairness and transparency of the practice, saying Thursday that LinkedIn was in breach of the EU's General Data Protection Regulation. ... [ Read it >> ]

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An anonymous reader shares a report: Members of Congress are raising the alarm about new technology at supermarkets: They say Kroger and other major grocery stores are implementing digital price tags that could allow for dynamic pricing, meaning the sticker price on items like eggs and milk could change regularly. They also claim data from facial recognition technology at Kroger could be considered in pricing decisions. ... [ Read it >> ]

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Notion, the maker of a popular eponymous note-taking app, appears to be getting ready to launch its own email product, called Notion Mail, TechCrunch reported Thursday, citing sources. From the report: Earlier this year, Notion acquired Skiff, a privacy-focused email service and app. At the time, Skiff said that it would provide a 12-month sunset window to users so that they have enough time to migrate to a different email service. For months, users on Reddit have shared hints of Notion working on its email product. ... [ Read it >> ]

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Intel considered acquiring graphics chip maker Nvidia for up to $20 billion in 2005, a move that could have reshaped the AI industry, according to The New York Times. Then-CEO Paul Otellini pitched the acquisition to Intel's board, recognizing the potential of graphics processors for data center computing. The board rejected the proposal, citing Intel's poor track record with acquisitions and the deal's unprecedented size, the report added. Today, Nvidia dominates the AI chip market with a $3 trillion valuation, while Intel struggles with declining revenue and recent layoffs of 16,000 workers.... [ Read it >> ]

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schwit1 shares a report from Nature: Which scientific publishers and journals are worst affected by fraudulent or dubious research papers -- and which have done least to clean up their portfolio? A technology start-up founded to help publishers spot potentially problematic papers says that it has some answers, and has shared its early findings with Nature. The science-integrity website Argos, which was launched in September by Scitility, a technology firm headquartered in Sparks, Nevada, gives papers a risk score on the basis of their authors' publication records, and on whether the paper heavily cites already-retracted research. A paper categorized as 'high risk' might have multiple authors whose other studies have been retracted for reasons related to misconduct, for example. Having a high score doesn't prove that a paper is low quality, but suggests that it is worth investigating.... [ Read it >> ]

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AmiMoJo shares a report from Live Science: Scientists have demonstrated a new humanoid robot that can run at a top speed of just over 8 miles per hour (mph) -- or 3.6 meters per second (m/s) to be exact. This makes it the speediest machine of its kind built so far, albeit these speeds were only achieved with the help of added footwear. STAR1 is a bipedal robot built by the Chinese company Robot Era that's 5 feet 7 inches (171 centimeters) tall and weighs 143 pounds (65 kilograms).... [ Read it >> ]

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"Boeing has had a series of issues over the past few years," writes Slashdot reader quonset. "From planes crashing, lost service records, to a recent strike which cost them $6 billion, now comes word a satellite they made has exploded in space." CBS News reports: The Intelsat 33e satellite, which was launched in 2016 and provides communications across Europe, Asia and Africa, experienced "an anomaly" on Saturday, Intelsat said in a news release. Attempts were made to work with Boeing and repair the satellite, but on Monday, the U.S. Space Force confirmed that the satellite had exploded. The satellite's breakup left some customers without power or communications services. Intelsat said it is working with third-party providers to limit service interruptions, and is in communication with customers.... [ Read it >> ]

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An anonymous reader quotes a report from Wired: As November 5 draws closer, the Microsoft Threat Analysis Center (MTAC) warned on Wednesday that malicious foreign influence operations launched by Russia, China, and Iran against the US presidential election are continuing to evolve and should not be ignored even though they have come to feel inevitable. In the group's fifth report, researchers emphasize the range of ongoing activities (source may be paywalled; alternative source) as well as the inevitability that attackers will work to stoke doubts about the integrity of the election in its aftermath.... [ Read it >> ]

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Norway plans to enforce a strict minimum social media age of 15 to protect children from harmful content and the influence of algorithms. The Guardian reports: The Scandinavian country already has a minimum age limit of 13 in place. Despite this, more than half of nine-year-olds, 58% of 10-year-olds and 72% of 11-year-olds are on social media, according to research by the Norwegian media authority. The government has pledged to introduce more safeguards to prevent children from getting around the age restrictions -- including amending the Personal Data Act so that social media users must be 15 years old to agree that the platform can handle their personal data, and developing an age verification barrier for social media.... [ Read it >> ]

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The Register's Laura Dobberstein reports: Huawei formally launched its home-brewed operating system, HarmonyOS NEXT, on Wednesday, marking its official separation from the Android ecosystem. Huawei declared it released and "officially started public beta testing" of the OS for some of its smartphones and tablets that run its own Kirin and Kunpeng chips.... [ Read it >> ]

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An anonymous reader quotes a report from SecurityWeek.com: White hat hackers taking part in the Pwn2Own Ireland 2024 contest organized by Trend Micro's Zero Day Initiative (ZDI) have earned half a million dollars on the first day of the event, for exploits targeting NAS devices, cameras, printers and smart speakers. The highest single reward, $100,000, was earned by Sina Kheirkhah of Summoning Team, who chained a total of nine vulnerabilities for an attack that went from a QNAP QHora-322 router to a TrueNAS Mini X storage device. Another exploit chain involving the QNAP QHora-322 and TrueNAS Mini X products was demonstrated by Viettel Cyber Security, but this team earned only $50,000.... [ Read it >> ]

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Ancient Slashdot reader szo shares a report from Phoronix: Quietly merged into this week's Linux 6.12-rc4 kernel was a patch that removes a number of kernel maintainers from being noted in the official MAINTAINERS file that recognizes all of the driver and subsystem maintainers. [...] [Greg Kroah-Hartman who authored the patch] simply commented in there: "Remove some entries due to various compliance requirements. They can come back in the future if sufficient documentation is provided." [...] The commonality of all these maintainers being dropped? They appear to all be Russian or associated with Russia. Most of them with .ru email addresses. Linux creator Linus Torvalds has since commented on the situation: Ok, lots of Russian trolls out and about. It's entirely clear why the change was done, it's not getting reverted, and using multiple random anonymous accounts to try to "grass root" it by Russian troll factories isn't going to change anything. And FYI for the actual innocent bystanders who aren't troll farm accounts - the "various compliance requirements" are not just a US thing.... [ Read it >> ]

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Adobe's Fresco painting app is now free for everyone, in an attempt to lure illustrators to join its creative software suite. The Verge reports: Fresco is essentially Adobe's answer to apps like Procreate and Clip Studio Paint, which all provide a variety of tools for both digital art and simulating real-world materials like sketching pencils and watercolor paints. Adobe Fresco is designed for touch and stylus-supported devices, and is available on iPad, iPhone, and Windows PCs. The app already had a free-to-use tier, but premium features like access to the full Adobe Fonts library, a much wider brush selection, and the ability to import custom brushes previously required a $9.99 annual subscription. That's pretty affordable for an Adobe subscription, but still couldn't compete with Procreate's $12.99 one-time purchase model.... [ Read it >> ]

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The Russian Foreign Ministry says it had been targeted by a large-scale distributed denial-of-service attack (DDoS). "A massive cyberattack from abroad began this morning on the infrastructure of the official website, the Russian Foreign Ministry's portal," said spokeswoman Maria Zakharova. She noted that the ministry regularly encounters similar attacks, but today's attack was "unprecedented in scale." Reuters notes that the attack coincided with the major BRICS summit taking place in the country. Developing...... [ Read it >> ]

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An anonymous reader quotes a report from Ars Technica: It's been just a week since US telecom regulators announced a formal inquiry into broadband data caps, and the docket is filling up with comments from users who say they shouldn't have to pay overage charges for using their Internet service. The docket has about 190 comments so far, nearly all from individual broadband customers.... [ Read it >> ]

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Goldman Sachs and Apple will pay $89 million in penalties and customer refunds over widespread service failures and deceptive practices in their joint Apple Card venture, U.S. consumer watchdog CFPB said on Wednesday.
The agency found Goldman mishandled credit card disputes while Apple failed to forward thousands of customer complaints. Both companies deceived users about interest-free payment plans for Apple devices, affecting hundreds of thousands of cardholders since the card's 2019 launch. Goldman must pay $64.8 million in fines and refunds, while Apple faces a $25 million penalty. The bank is now barred from issuing new credit cards without regulatory approval.... [ Read it >> ]

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Living in a pollution-free environment is a fundamental right, India's Supreme Court said on Wednesday as it urged authorities to address deteriorating air quality in the north of the country. From a report: India's capital Delhi recorded a "very poor" air quality index of 364 on Wednesday, according to the Central Pollution Control Board, which considers readings below 50 to be good. Swiss group IQAir rated Delhi the world's most polluted city in its live rankings. The city battles toxic air every winter and authorities say much of the smoke comes from farmers illegally burning paddy stubble to clear their fields in the neighbouring breadbasket states of Punjab and Haryana. The Supreme Court pulled up the governments of both states for taking "selective action" against stubble burning, saying penal provisions were not being properly implemented.... [ Read it >> ]

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Hong Kong officials discovered the city's first dinosaur fossils on an uninhabited island in a local geopark, they said Wednesday. Initial examinations indicate the remains belong to a large Cretaceous-era dinosaur from 66-145 million years ago, with species identification pending further study. Associated Press adds: Experts speculate that the dinosaur was likely buried by sand and gravel after its death before it was later washed to the surface by a large flood, and subsequently buried again at the discovery site, it said.... [ Read it >> ]

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Water companies in England could be banned from making a profit under plans for a complete overhaul of the system. The Guardian: The idea is one of the options being considered by a new commission set up by the Department for Environment, Food and Rural Affairs (Defra) amid public fury over the way firms have prioritised profit over the environment. Sources at the department said they would consider forcing the sale of water companies in England to firms that would run them as not-for-profits. Unlike under nationalisation, the company would not be run by the government but by a private company, run for public benefit. The nonprofit model, which is widely used in other European countries, allows staff to be paid substantial salaries and bonuses but any profits on top of that are returned to the company.... [ Read it >> ]

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If you want to sign up for a subscription to Hulu or Disney+, don't bother taking out your iPhone. Disney is now telling would-be customers to pay for subscriptions on Disney's own site, instead of on Apple's App Store -- though people who've already started paying for either service via Apple can keep doing that. From a report: The two companies are still working together on some projects. But the App Store split does represent a rift between two longtime partners, so it's definitely worth noting. ... [ Read it >> ]

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An anonymous reader shares a report: T-Mobile promised users who bought certain mobile plans that it would never raise their prices for as long as they lived -- but then raised their prices this year. So it's no surprise that 2,000 T-Mobile customers complained to the government about a price hike on plans that were advertised as having a lifetime price lock. "I am still alive and T-Mobile is increasing the price for service by $5 per line. How is this a lifetime price lock?" one customer in Connecticut asked the Federal Communications Commission in a complaint that we obtained through a public records request. ... [ Read it >> ]

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Applications to MBA programs jumped 12% in 2024, with full-time programs surging 32% to decade-high levels, WSJ is reporting, citing the Graduate Management Admission Council's latest survey. Top-tier U.S. schools reported significant gains, with Columbia Business School seeing a 27% rise and Harvard Business School applications climbing 21%. So what's behind the surge? The story adds: Today, the U.S. job market is strong, and unemployment remains low. But lower wage positions in retail and dining, as well as healthcare and government, have fueled much of the labor market's growth over the past two years. ... [ Read it >> ]

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Foursquare, one of the App Store's earliest success stories, will shut down its flagship city guide app on December 15 to focus on its check-in service Swarm, the company said. The move reverses Foursquare's controversial 2014 decision to split its platform into two apps: Swarm for check-ins and Foursquare for local recommendations and reviews. The strategy shift comes months after Foursquare laid off over 100 employees. Engadget adds: Foursquare founder Dennis Crowley, who is currently co-chair of the company's board of directors, said in a post on Threads that the company is "doing fine," though he expressed disappointment with the news. "I would be lying if I didn't admit that I have been in a real funk these last few days over this news," he wrote.... [ Read it >> ]

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