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Updated 2025-11-14 19:30
Retail Traders Left Exposed in High-Stakes Crypto Treasury Deals
An anonymous reader shares a report: Executives are turning to a novel structure to fund crypto accumulation vehicles as investor appetite thins. They're called in-kind contributions, and they now account for a growing share of digital-asset treasury, or DAT, deals. Instead of raising cash to buy tokens in the open market, DAT sponsors contribute large slugs of their own crypto, often unlisted and hard to value. Digital-asset treasuries are a new breed of public company built to hold concentrated crypto positions. The structure surged in 2025 as small-cap firms, especially in biotech and mining, reinvented themselves as digital-asset proxies. Sponsors provide tokens or raise money to buy them, and the stock then trades as a kind of listed bet on crypto. For insiders, it's a shortcut to liquidity. For investors, a wager on upside. But not all DATs carry the same level of risk. Earlier deals raised money to buy tokens through regular markets, which offered at least some independent price check. In-kind contributions skip that step -- letting insiders decide what their tokens are worth, sometimes before the token even trades publicly. That shift means pricing and trading risks land more squarely on shareholders, many of them retail investors. Investor faith is already wobbling. Many DATs that once traded above the value of their holdings now trade below it. As insiders supply the tokens and set their price, it's becoming harder for investors to tell what these deals are really worth, or when to get out. The in-kind structure was on full display in a recent $545 million private placement by Tharimmune Inc., a biotech firm-turned-crypto proxy, to set up a buyer of Canton Coins. About 80% of the raise came in the form of unlisted Canton tokens, priced at 20 cents each, according to an investor presentation seen by Bloomberg News. The token began trading on exchanges Nov. 10 and is now around 11 cents, CoinGecko data show. More deals are following the same template. In these placements, insiders contribute tokens -- sometimes illiquid or unlisted -- to form a treasury, lock in valuations and seed the perception of market demand. But when tokens list below deal price, public shareholders absorb the difference. [...] Then there's Flora Growth Corp., a Nasdaq-listed company that announced a $401 million deal to start acquiring Zero Gravity tokens in September. On closer inspection, the firm had raised just $35 million in cash to pair with a $366 million in-kind contribution of then-unlisted 0G tokens. Those tokens were priced at around $3 a piece; they subsequently listed, and are now trading at about $1.20.Read more of this story at Slashdot.
Only Half the Homes in America Have Cable TV Anymore
Pay television penetration in American households fell to 50.2% in the third quarter and is projected to drop to 50% or lower by December, according to Madison and Wall, a technology and media advisory firm. Fifteen years ago, nearly nine in ten households subscribed to pay television services. The decline has prompted major media companies to shed cable assets. Comcast, Warner Bros. Discovery, and A&E are seeking to sell or spin off their cable television operations. Paramount stated it would not divest its cable channels but acknowledged that "each quarter is accelerating decline."Read more of this story at Slashdot.
Where Have All the TV Cameras Gone?
TV manufacturers are abandoning their attempts to turn TVs into interactive social devices through smart cameras. Sky announced this month that it will discontinue Sky Live, a camera accessory for its Sky Glass televisions that brought video calls, body-tracked workouts, and motion games to the living room. The device will stop working at the beginning of December. Sky will brick the cameras and reimburse customers. Sky launched the product in mid-2023 as part of an effort to transform televisions from passive viewing devices into interactive platforms. That vision has not materialized across the industry. LG's Smart Cam, released in 2023, is out of stock at major retailers and appears discontinued. TCL's smart TV camera is no longer available. Samsung stopped integrating cameras directly into its television sets, though it still sells an external camera accessory.Read more of this story at Slashdot.
Why Every Company Suddenly Wants To Become a Bank
Cryptocurrency companies and fintech startups are applying to open banks in the United States. Ripple, Coinbase and the UK payments company Wise have submitted applications for national trust charters this year. Trust banks cannot take deposits or make loans but charge fees for safekeeping customer assets and are not FDIC insured. The applications have reached 12 so far this year, more than any of the preceding eight years, according to data compiled by Klaros Group. Comptroller of the Currency Jonathan Gould said last month that cryptocurrency activity should be done within the banking system if legally permissible and safe. His agency regulates nationally-chartered U.S. banks. The Bank Policy Institute and the Independent Community Bankers of America oppose the applications. BPI sent letters urging the Office of the Comptroller of the Currency to reject the Ripple, Wise, and Sony applications. The group said approving Coinbase could significantly increase risks to the U.S. financial system.Read more of this story at Slashdot.
Krafton Launches Voluntary Resignation Program Weeks After Declaring 'AI-First Company' Future
An anonymous reader shares a report: In October, PUBG and Subnautica 2 publisher Krafton announced that it would be undergoing a "complete reorganization" to become an "AI-first" company, planning to invest over 130 billion won ($88 million) in agentic AI infrastructure and deployment beginning in 2026. This week, as it boasts record-breaking quarterly profits, the Korean publisher has followed that strategic shift by launching a voluntary resignation program for its domestic employees, according to Business Korea reporting. The program, announced internally, offers substantial buyouts for domestic Krafton employees based on their length of employment at the publisher. Severance packages range from 6 months' salary for employees with one year or less of service to 36 months' salary for employees who've worked at Krafton for over 11 years. The voluntary resignation program follows a November 4 earnings call in which Krafton announced a record quarterly profit of $717 million. During the call, Krafton CFO Bae Dong-geun indicated that Krafton had also halted hiring for new positions, telling investors that "excluding organizations developing original intellectual property and AI-related personnel, we have frozen hiring company-wide."Read more of this story at Slashdot.
All Lupus Cases May Be Linked To a Common Virus, Study Finds
One of the most common viruses in the world could be the cause of lupus, an autoimmune disease with wide-ranging symptoms, according to a new study. From a report: Until now, lupus was somewhat mysterious: No single root cause of the disease had been found, and while there is no cure, there are medications that can treat it. The research, published in the journal Science Translational Medicine, suggests that Epstein-Barr virus -- which 95% of people acquire at some point in life -- could cause lupus by driving the body to attack its own healthy cells. It adds to mounting evidence that Epstein-Barr is associated with multiple long-term health issues, including other autoimmune conditions. As this evidence stacks up, scientists have accelerated calls for a vaccine that targets the virus. "If we now better understand how this fastidious virus is responsible for autoimmune diseases, I think it's time to figure out how to prevent it," said Dr. Anca Askanase, clinical director of the Lupus Center at Columbia University, who wasn't involved in the new research.Read more of this story at Slashdot.
The Economic Impact of Brexit
Abstract of a working paper [PDF] published by NBER: This paper examines the impact of the UK's decision to leave the European Union (Brexit) in 2016. Using almost a decade of data since the referendum, we combine simulations based on macro data with estimates derived from micro data collected through our Decision Maker Panel survey. These estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%, with the impact accumulating gradually over time. We estimate that investment was reduced by between 12% and 18%, employment by 3% to 4% and productivity by 3% to 4%. These large negative impacts reflect a combination of elevated uncertainty, reduced demand, diverted management time, and increased misallocation of resources from a protracted Brexit process. Comparing these with contemporary forecasts -- providing a rare macro example to complement the burgeoning micro-literature of social science predictions -- shows that these forecasts were accurate over a 5-year horizon, but they underestimated the impact over a decade.Read more of this story at Slashdot.
Singapore To Trial Tokenized Bills, Bring In Stablecoin Laws
An anonymous reader quotes a report from Reuters: Singapore's central bank will hold trials to issue tokenized MAS bills next year and bring in laws to regulate stablecoins as it presses forward with plans to build a scalable and secure tokenised financial ecosystem, the bank's top official said on Thursday. "Tokenization has lifted off the ground. But have asset-backed tokens achieved escape velocity? Not yet," said Chia Der Jiun, Managing Director of the Monetary Authority of Singapore (MAS), a keynote address at the Singapore FinTech Festival. He said MAS has been working on the details of its stablecoin regulatory regime and will prepare draft legislation, with the emphasis on "sound reserve backing and redemption reliability."MAS is also supporting trials under the BLOOM initiative, which explores the use of tokenized bank liabilities and regulated stablecoins for settlement, he added. "In the CBDC space, I am pleased to announce that the three Singapore banks, DBS, OCBC, and UOB, have successfully conducted interbank overnight lending transactions using the first live trial issuance of Singapore dollar wholesale CBDC," he said. MAS will expand trials to include tokenized MAS bills settled with CBDC, he added.Read more of this story at Slashdot.
Hyundai Data Breach May Have Leaked Drivers' Personal Information
According to Car and Driver, Hyundai has suffered a data breach that leaked the personal data of up to 2.7 million customers. The leak reportedly took place in February from Hyundai AutoEver, the company's IT affiliate. It includes customer names, driver's license numbers, and social security numbers. Longtime Slashdot reader sinij writes: Thanks to tracking modules plaguing most modern cars, that data likely includes the times and locations of customers' vehicles. These repeated breaches make it clear that, unlike smartphone manufacturers that are inherently tech companies, car manufacturers collecting your data are going to keep getting breached and leaking it.Read more of this story at Slashdot.
Amazon Renames 'Project Kuiper' Satellite Internet Venture To 'Leo'
Amazon announced that its satellite broadband project called Project Kuiper will now be known as Amazon Leo. GeekWire reports: Leo is a nod to "low Earth orbit," where Amazon has so far launched more than 150 satellites as part of a constellation that will eventually include more than 3,200. In a blog post, Amazon said the 7-year-old Project Kuiper began "with a handful of engineers and a few designs on paper" and like most early Amazon projects "the program needed a code name." The team was inspired by the Kuiper Belt, a ring of asteroids in the outer solar system. A new website for Amazon Leo proclaims "a new era of internet is coming," as Amazon says its satellites can help serve "billions of people on the planet who lack high-speed internet access, and millions of businesses, governments, and other organizations operating in places without reliable connectivity." Amazon said it will begin rolling out service once it's added more coverage and capacity to the network. Details about pricing and availability haven't been announced.Read more of this story at Slashdot.
World Still On Track For Catastrophic 2.6C Temperature Rise, Report Finds
An anonymous reader quotes a report from the Guardian: The world is still on track for a catastrophic 2.6C increase in temperature as countries have not made sufficiently strong climate pledges, while emissions from fossil fuels have hit a record high, two major reports have found. Despite their promises, governments' new emission-cutting plans submitted for the Cop30 climate talks taking place in Brazil have done little to avert dangerous global heating for the fourth consecutive year, according to the Climate Action Tracker update (PDF). The world is now anticipated to heat up by 2.6C above preindustrial times by the end of the century -- the same temperature rise forecast last year. This level of heating easily breaches the thresholds set out in the Paris climate pact, which every country agreed to, and would set the world spiraling into a catastrophic new era of extreme weather and severe hardships. A separate report found the fossil fuel emissions driving the climate crisis will rise by about 1% this year to hit a record high, but that the rate of rise has more than halved in recent years. The past decade has seen emissions from coal, oil and gas rise by 0.8% a year compared with 2.0% a year during the decade before. The accelerating rollout of renewable energy is now close to supplying the annual rise in the world's demand for energy, but has yet to surpass it. [...] The new analyses also show a worrying weakening of the planet's natural carbon sinks. The scientists said the combined effects of global heating and the felling of trees have turned tropical forests in southeast Asia and large parts of South America from overall CO2 sinks into sources of the climate-heating gas. [...] The report projects that the level of CO2 in the atmosphere will reach 425ppm (parts per million) in 2025, compared with 280ppm in the preindustrial era. It would have been 8ppm lower if the carbon sinks had not been weakened. The GCP projection for 2025 is based on monthly data up to September and has proven accurate in the previous 19 annual reports.Read more of this story at Slashdot.
Netflix's New Era of TV Games Starts Now
Netflix is launching a new slate of TV-streamed party games that are all playable using your phone as the controller. The Verge reports: To start, Netflix is offering Boggle Party, Party Crasher: Fool Your Friends, Lego Party, Pictionary: Game Night, and Tetris Time Warp. A social deduction game based on the Knives Out series, Dead Man's Party: A Knives Out Game, is also part of this new slate but will launch at a later time. The streaming platform's approach to gaming has been unfocused, with the company bouncing between being a boutique development studio while also being a platform for premium and exclusive mobile gaming experiences. Offering party games on your TV seems like a better fit -- one that could allow Netflix to finally find its gaming footing.Read more of this story at Slashdot.
World's First Flying Car Factory Begins Production In China
Xpeng's flying-car subsidiary Aridge has begun trial production at the world's first dedicated flying-car factory in Guangzhou. Euronews reports: The 120,000-square-meter facility has produced its first detachable eVTOL aircraft for the modular "Land Aircraft Carrier." With an annual capacity of up to 10,000 modules, the factory will eventually assemble one aircraft every 30 minutes. Trial operations focus on process verification, equipment testing, and producing prototypes for airworthiness certification before moving into mass production.Read more of this story at Slashdot.
Jack Dorsey Funds diVine, a Vine Reboot That Includes Vine's Video Archive
An anonymous reader quotes a report from TechCrunch: As generative AI content starts to fill our social apps, a project to bring back Vine's six-second looping videos is launching with Twitter co-founder Jack Dorsey's backing. On Thursday, a new app called diVine will give access to more than 100,000 archived Vine videos, restored from an older backup that was created before Vine's shutdown. The app won't just exist as a walk down memory lane; it will also allow users to create profiles and upload their own new Vine videos. However, unlike on traditional social media, where AI content is often haphazardly labeled, diVine will flag suspected generative AI content and prevent it from being posted. According to TechCrunch, a volunteer preservation group called the Archive Team saved Vine's content when it shut down in 2016. The only problem was that everything was stored in massive 40-50 GB binary blob files that were basically unusable for casual viewing. Evan Henshaw-Plath (who goes by the name Rabble), an early Twitter employee and member of Jack Dorsey's nonprofit "and Other Stuff," dug into those backup files to try and salvage as much as he could. He spent months writing big-data extraction scripts, reverse-engineering how the archived binaries were structured, and reconstructing the original video files, old user info, view counts, and more. "I wasn't able to get all of them out, but I was able to get a lot out and basically reconstruct these Vines and these Vine users, and give each person a new user [profile] on this open network," he said. Rabble estimates that through this process he was able to successfully recover 150,000-200,000 Vine videos from around 60,000 creators. diVine then rebuilt user profiles on top of the decentralized Nostr protocol so creators can reclaim their accounts, request takedowns, or upload missing videos. You can check out the app for yourself at diVine.video. It's available in beta form on both iOS and Android.Read more of this story at Slashdot.
Apple Tries Selling $230 iPhone Pocket 'Sock'
Longtime Slashdot reader dskoll shares a press release from Apple: Issey Miyake and Apple today unveiled iPhone Pocket. Inspired by the concept of "a piece of cloth," its singular 3D-knitted construction is designed to fit any iPhone as well as all pocketable items. When stretched, the open textile subtly reveals its contents and allows users to peek at their iPhone display. iPhone Pocket can be worn in a variety of ways -- handheld, tied onto bags, or worn directly on the body. Featuring a playful color palette, the short strap design is available in eight colors, and the long strap design in three colors. The "Long" sock variant comes in at only $229.95 and is available in three elegant colors: sapphire, cinnamon, and black. What do Slashdotters think of this very real product?Read more of this story at Slashdot.
Apple Cuts App Store Fee In Half For 'Mini Apps'
Apple is cutting its App Store fee from 30% to 15% for developers who join a new Mini Apps Partner Program, which requires using more of Apple's built-in technology to power lightweight "mini apps." "This includes using Apple software to register a user's purchase history, verify user ages and to process in-app purchases," reports CNBC. From the report: A "mini app" is a lightweight piece of software inside a third-party app store, like that of Discord's. These apps uses are built using web technology like HTML or Javascript. [...] Apple has argued that both developers and users are better off when using its technology and rules, instead of eschewing them to try to avoid fees. "This program is designed to help developers who host mini apps grow their business and further the availability of mini apps on the App Store -- all while providing a great customer experience," the company said in its announcement. [...] Participants in the new program will still have to provide Apple with information for each specific mini-app experience they offer.Read more of this story at Slashdot.
LinkedIn Is Making It Easier To Search For People With AI
LinkedIn is rolling out an AI-powered people search tool that lets users find connections by describing what they need instead of relying on names or titles. For example, you can enter a more descriptive search, such as "Northwestern alumni who work in entertaining marketing," or even pose a question, like "Who can help me understand the US work visa system." The Verge reports: LinkedIn senior director of product management Rohan Rajiv tells The Verge that the platform will rank results based on the connections you might have with someone, as well as their relevance to your search. [...] LinkedIn is rolling out AI-powered people search to Premium users in the US starting today, but the platform plans on bringing it to all users soon.Read more of this story at Slashdot.
Blue Origin Sticks First New Glenn Rocket Landing and Launches NASA Spacecraft
An anonymous reader quotes a report from TechCrunch: Jeff Bezos' Blue Origin has landed the booster of its New Glenn mega-rocket on a drone ship in the Atlantic Ocean on just its second attempt -- making it the second company to perform such a feat, following Elon Musk's SpaceX. It's an accomplishment that will help the new rocket system become an option to send larger payloads to space, the Moon, and beyond. Thursday's launch wasn't just about the landing attempt, though. Roughly 34 minutes after takeoff, the upper stage of New Glenn successfully deployed the rocket's first commercial payload: twin spacecraft for NASA that will travel to Mars to study the red planet's atmosphere. The pair of achievements are remarkable for the second-ever launch of such a massive rocket system. And it could put Blue Origin in position to compete with SpaceX, which dominates the world's launch market with its Falcon 9, Falcon Heavy, and Starship rockets. You can watch a recording of the launch here.Read more of this story at Slashdot.
Germany To Ban Huawei From Future 6G Network in Sovereignty Push
German Chancellor Friedrich Merz said Chinese suppliers such as Huawei will be excluded from the country's future telecommunication networks on security grounds as he pushes for more digital sovereignty. From a report: "We have decided within the government that everywhere it's possible we'll replace components, for example in the 5G network, with components we have produced ourselves," Merz told a business conference in Berlin on Thursday. "And we won't allow any components from China in the 6G network." Europe is increasingly concerned about its reliance on foreign technology, ranging from Asian semiconductors to US artificial intelligence and cloud infrastructure, as trade and geopolitical tensions threaten critical supply chains. Germany last year ordered telecom operators to remove Huawei equipment from their core networks, citing risks to national security. Berlin is now considering using public funds to pay Deutsche Telekom AG and others to strip out Chinese gear, Bloomberg News reported last month.Read more of this story at Slashdot.
China Plans To Limit How Fast Your Car Accelerates To 62 MPH At Startup
bobthesungeek76036 writes: Beijing's proposed regulation aims to tame rapid launches by forcing cars to boot up in a restricted performance mode after every ignition. Under a proposed update to the National Standard, every passenger car would need a default mode in which it takes no less than five seconds to reach 100 km/h (62 mph) at startup, unless the driver manually selects a quicker setting. The draft title "Technical Specifications for Power-Driven Vehicles Operating on Roads" appears to be part of a broader safety and road behavior initiative in China. It is intended to replace the current GB 7258-2017 standard that didn't impose such restrictions.Read more of this story at Slashdot.
'Big Short' Investor Michael Burry To Close Hedge Fund as He Warns on Valuations
Michael Burry, the investor made famous for his bet against the US housing market ahead of the 2008 financial crisis, is closing his hedge fund [non-paywalled source] as he warned that market valuations had become unhinged from fundamentals. From a report: Scion Asset Management this week terminated its registration with US securities regulators, according to a Securities and Exchange Commission database. Burry told investors that he would "liquidate the funds and return capital -- but for a small audit/tax holdback -- by year's end," according to two people with direct knowledge of a letter he sent to investors. "My estimation of value in securities is not now, and has not been for some time, in sync with the markets," said the letter, which was dated October 27. The move to close Scion comes as some investors have become concerned that markets are trading at frothy levels after years of strong returns. Those jitters flared up on Thursday, with the tech-heavy Nasdaq Composite sliding nearly 2%. Still, the big gains for tech stocks this year, driven by hopes that artificial intelligence will transform business and society, have left valuations at lofty heights compared with their average in recent years.Read more of this story at Slashdot.
Chinese Hackers Used Anthropic's AI To Automate Cyberattacks
China's state-sponsored hackers used AI technology from Anthropic to automate break-ins of major corporations and foreign governments during a September hacking campaign, the company said Thursday. From a report: The effort focused on dozens of targets and involved a level of automation that Anthropic's cybersecurity investigators had not previously seen, according to Jacob Klein, the company's head of threat intelligence. Hackers have been using AI for years now to conduct individual tasks such as crafting phishing emails or scanning the internet for vulnerable systems, but in this instance 80% to 90% of the attack was automated, with humans only intervening in a handful of decision points, Klein said. The hackers conducted their attacks "literally with the click of a button, and then with minimal human interaction," Klein said. Anthropic disrupted the campaigns and blocked the hackers' accounts, but not before as many as four intrusions were successful. In one case, the hackers directed Anthropic's Claude AI tools to query internal databases and extract data independently.Read more of this story at Slashdot.
Robinhood Offers To Bring Cash To Your Doorstep, for a Fee
An anonymous reader shares a report: Robinhood Markets is betting its Gen Z and millennial clientele are as eager to send out for delivery of a wad of cash as they are to order pizza or a pint of ice cream. The brokerage is joining with food-and-drink delivery app Gopuff to allow customers to withdraw cash from their Robinhood bank accounts and have it brought right to their door. For a $6.99 delivery fee -- or $2.99 if they have more than $100,000 in assets across their Robinhood accounts -- users can skip the ATM and have money delivered in a sealed paper bag while they are at home. It is a new feature that Robinhood first teased in March, when Chief Executive Vlad Tenev unveiled the company's plans to roll out many traditional and -- as with its cash-delivery service -- unconventional banking services.Read more of this story at Slashdot.
Mozilla Launches AI Window for Firefox
Mozilla announced on Thursday that it is building an AI Window for Firefox, a new opt-in browsing mode that will let users interact with an AI assistant and chatbot. The feature will become one of three browsing experiences in Firefox alongside the existing classic and private windows. Users will be able to select which AI model they want to use in the AI Window, according to a post on the Mozilla Connect forum. The company opened a waitlist for users who want to receive updates and be among the first to test the feature. Mozilla described the AI Window as an "intelligent and user-controlled space" that it is developing in the open through community feedback. Users who try the feature and decide against it can switch it off entirely.Read more of this story at Slashdot.
Proton Might Recycle Abandoned Email Addresses
BrianFagioli writes: Popular privacy firm Proton is floating a plan on Reddit that should unsettle anyone who values privacy, writes Nerds.xyz. The company is considering recycling abandoned email addresses that were originally created by bots a decade ago. These addresses were never used, yet many of them are extremely common names that have silently collected misdirected emails, password reset attempts, and even entries in breach datasets. Handing those addresses to new owners today would mean that sensitive messages intended for completely different people could start landing in a stranger's inbox overnight. Proton says it's just gathering feedback, but the fact that this made it far enough to ask the community is troubling. Releasing these long-abandoned addresses would create confusion, risk exposure of personal data, and undermine the trust users place in a privacy focused provider. It's hard to see how Proton could justify taking a gamble with other people's digital identities like this.Read more of this story at Slashdot.
Verizon To Cut About 15,000 Jobs
Verizon is planning to cut roughly 15,000 jobs, looking to reduce costs as it contends with increased competition for wireless service and home internet, according to WSJ, which cites people familiar with the matter. From the report: The cuts, the largest ever for the carrier, are set to take place in the next week, the people said. The majority of the reduction is expected to be made through layoffs. Verizon also plans to transition about 200 stores into franchised operations, which will shift employees off its payroll. Verizon, the largest U.S. telecommunications provider by subscriber base, faces a fierce battle for both wireless and home internet customers. It has lost crucial postpaid phone subscribers for three consecutive quarters. Last month, Verizon named its lead independent director Daniel Schulman as its new chief executive officer. Schulman, a former CEO of PayPal and Virgin Mobile USA, has said he would aggressively reduce the company's entire cost base and take steps to reverse the customer losses.Read more of this story at Slashdot.
Reddit Cofounder Had a Bad Feeling About Giving Data To Sam Altman
Reddit cofounder Alexis Ohanian said he had serious doubts a decade ago about sharing the platform's data with Sam Altman. Ohanian recounted on the "Brew Markets" podcast that between 2015 and 2016, Altman asked Reddit to let him "aggressively scrape" the site's content. Altman had recently helped Reddit raise $50 million in a Series B round and was launching OpenAI as a nonprofit. Ohanian described Altman as "very smart" and "incredibly cunning" but questioned whether he was "the most philanthropically minded guy." The Reddit cofounder said he "felt in my bones" the company should refuse the request and debated internally about it against Steve Huffman. Ohanian said he "lost that debate." Reddit and OpenAI announced a formal licensing deal in 2024.Read more of this story at Slashdot.
France Fully Lifts Travel Ban on Telegram Founder Durov
An anonymous reader shares a report: France has lifted its travel ban on Telegram founder Pavel Durov, who is under investigation over illegal content on his messaging app, judicial sources close to the case said Thursday. The entrepreneur, 41, was detained in Paris in 2024 and is under formal investigation by French authorities over the platform's alleged complicity in criminal activity. Durov, who was initially banned from leaving France, had his judicial control relaxed in July, allowing him to reside in the United Arab Emirates, where Telegram is based, for a maximum of two weeks at a time.Read more of this story at Slashdot.
China's EV Market Is Imploding
An anonymous reader shares a report: The Chinese electric car has become a symbol of the country's seemingly unstoppable rise on the world stage. Many observers point to their growing popularity as evidence that China is winning the race to dominate new technologies. But in China, these electric cars represent something entirely different: the profound threats that Beijing's meddling in markets poses to both China and the world. Bloated by excessive investment, distorted by government intervention, and plagued by heavy losses, China's EV industry appears destined for a crash. EV companies are locked in a cutthroat struggle for survival. Wei Jianjun, the chairman of the Chinese automaker Great Wall Motor, warned in May that China's car industry could tumble into a financial crisis; it "just hasn't erupted yet." To bypass government censorship of bad economic news, market analysts have opted for a seemingly anodyne term to describe the Chinese car industry's downward spiral: involution, which connotes falling in on oneself. What happens in China's EV sector promises to influence the entire global automobile market. China's emergence as the world's largest manufacturer of EVs highlights the serious challenge the country poses to even the most advanced industries in the U.S., Europe, and other rich economies. Given the vital role the car industry plays in economies around the world, and the jobs, supply chains, and technologies involved, the stakes are high. But the wobbles in China's EV sector demonstrate the downside of China's state-led economic model. China's government threw ample resources at the EV industry in the hopes of leapfrogging foreign rivals in the transition to battery-powered vehicles. The Center for Strategic and International Studies estimates that the government provided more than $230 billion of financial assistance to the EV sector from 2009 to 2023. The strategy worked: China's EV makers would likely never have grown as quickly as they have without this substantial state support. By comparison, the recent Republican-sponsored tax bill eliminated nearly all federal subsidies for EVs in the U.S. The problem is that China's program encouraged too much investment in the sector. Michael Dunne, the CEO of Dunne Insights, a California-based consulting firm focused on the EV industry, counts 46 domestic and international automakers producing EVs in China, far too many for even the world's second-largest economy to sustain.Read more of this story at Slashdot.
Google To Allow 'Experienced Users' To Install Unverified Android Apps
Google says it will build a new "advanced flow" to allow experienced users to install Android apps from unverified developers, easing up on restrictions it proposed in late August. The company said earlier that Android would block such installations starting next year. The new flow will include clear warnings about security risks but will give users final control over the decision. Google said it is designing the system to resist coercion and prevent users from being tricked into bypassing safety checks. The company is currently gathering early feedback on the feature's design. Google also announced that developers who distribute apps exclusively outside the Play Store can now join an early access program for developer verification.Read more of this story at Slashdot.
Iceland Deems Possible Atlantic Current Collapse A Security Risk
Iceland has formally classified the potential collapse of a major Atlantic Ocean current system a national security threat, warning that a disruption could trigger a modern-day ice age in Northern Europe and destabilize global weather systems. The move elevates the risk across government and enables it to strategize for worst-case scenarios. Reuters reports: The Atlantic Meridional Overturning Circulation, or AMOC, current brings warm water from the tropics northward toward the Arctic, and the flow of warm water helps keep Europe's winters mild. But as warming temperatures speed the thaw of Arctic ice and cause meltwater from Greenland's ice sheet to pour into the ocean, scientists warn the cold freshwater could disrupt the current's flow. A potential collapse of AMOC could trigger a modern-day ice age, with winter temperatures across Northern Europe plummeting to new cold extremes, bringing far more snow and ice. The AMOC has collapsed in the past - notably before the last Ice Age that ended about 12,000 years ago. "It is a direct threat to our national resilience and security," Iceland Climate Minister Johann Pall Johannsson said by email. "(This) is the first time a specific climate-related phenomenon has been formally brought before the National Security Council as a potential existential threat." Elevation of the issue means Iceland's ministries will be on alert and coordinating a response, Johannsson said. The government is assessing what further research and policies are needed, with work underway on a disaster preparedness policy. Risks being evaluated span a range of areas, from energy and food security to infrastructure and international transportation. "Sea ice could affect marine transport; extreme weather could severely affect our capabilities to maintain any agriculture and fisheries, which are central to our economy and food systems," Johannsson said. "We cannot afford to wait for definitive, long-term research before acting."Read more of this story at Slashdot.
Alien: Earth Renewed For Second Season
FX has renewed Alien: Earth for a second season and signed creator Noah Hawley to a massive nine-figure overall deal with Disney Entertainment Television. Deadline reports: Inspired by Ridley Scott's sci-fi thriller film Alien, Hawley adapted the film franchise for television with the strong support of Scott Free and its president, David W. Zucker, who is an executive producer of the series. It earned a positive reaction from fans, posting a 94% Certified Fresh rating from Rotten Tomatoes and a Metacritic Must-Watch score of 85. "It has been our great privilege to work with Noah for more than a decade on some of FX's best and biggest shows, and we are thrilled to extend our partnership well into the future," said FX Chairman John Landgraf. "Noah never stops surprising us with truly original stories -- and his unique ability to bring them to vibrant life as a director and producer as well as writer makes him extraordinary. We can't wait to get to work on the next season of Alien: Earth, as well as some equally exciting future projects in advanced development."Read more of this story at Slashdot.
Scientists Watch Supernova Shockwave Shoot Through a Dying Star For First Time
For the first time, astronomers captured the shockwave of a supernova bursting through the surface of a dying red supergiant star, revealing a surprisingly symmetrical, grape-shaped explosion. Space.com reports: Seeing this moment in detail has previously been elusive because it's rare for a supernova to be spotted early enough and for telescopes to be trained on it -- and when they have been, the exploding star has been too far away. So, when supernova 2024ggi went boom on April 10, 2024 in the relatively nearby spiral galaxy NGC 3621, which is 22 million light-years away in the constellation of Hydra, the Water Snake, astronomer Yi Yang of Tsinghua University in Beijing knew he had to act. Although the supernova itself couldn't be resolved as anything put a point of light, the polarization of that light held the clues as to the geometry of the breakout. "The geometry of a supernova explosion provides fundamental information on stellar evolution and the physical processes leading to these cosmic fireworks," said Yang. "Spectropolarimetry delivers information about the geometry of the explosion that other types of observation cannot provide because the angular scales are too tiny," said another team-member, Lifan Wang of Texas A&M University. The measurement showed that the shape of the breakout explosion was flattened, like an olive or grape. Crucially, though, the explosion propagated symmetrically, and continued to do so even when it collided with a ring of circumstellar material. "These findings suggest a common physical mechanism that drives the explosion of many massive stars, which manifests a well-defined axial symmetry and acts on large scales," said Yang. The findings will allow astronomers to rule out some models and strengthen others that describe what drives the shockwave in a supernova explosion. The findings have been described in a paper on the ESO website.Read more of this story at Slashdot.
Toyota Opens the Doors To Its First EV Battery Plant In the US
An anonymous reader quotes a report from Electrek: Production is now underway at Toyota's new $13.9 billion battery plant in North Carolina, the company's first outside Japan. After the first batteries rolled off the production line at its new facility in Liberty, North Carolina, on Wednesday, Toyota said today marks a "pivotal moment" in the company's history. The facility is Toyota's 11th plant in the US and its first battery plant outside of Japan. Toyota first announced plans to build EV batteries in the US almost four years ago. The nearly $14 billion facility will create up to 5,100 jobs in the area. In addition, the Japanese auto giant announced plans to invest an additional $10 billion in its US operations over the next five years. Since it first arrived in the US nearly 70 years ago, Toyota has invested close to $60 billion. The mega site spans 1,850 acres, or about the size of 121 football fields, and can produce up to 30 GWh annually. Toyota will use the hub to develop and build lithium-ion batteries for its growing lineup of "electrified" vehicles, including battery electric (EV), plug-in hybrid (PHEV), and hybrid (HEV) models. Batteries from the plant will power the new Camry HEV, Corolla Cross HEV, RAV4 HEV, and Toyota's yet-to-be-announced three-row electric SUV.Read more of this story at Slashdot.
Russia's AI Robot Falls Seconds After Being Unveiled
Russia's first AI humanoid robot, Aldol, fell just seconds after its debut at a technology event in Moscow on Tuesday. "The robot was being led on stage to the soundtrack from the film 'Rocky,' before it suddenly lost its balance and fell," reports the BBC. "Assistants could then be seen scrambling to cover it with a cloth -- which ended up tangling in the process." Developers of Aldol blamed poor lighting and calibration issues for the collapse, saying the robot's stereo cameras are sensitive to light and the hall was dark.Read more of this story at Slashdot.
AI-Generated Song Tops Country Music Chart
Slashdot readers Tablizer and fjo3 share news that an AI-generated country song has topped the U.S. sales chart for the first time this week. ABC News reports: The new country tune, "Walk my Walk" by Breaking Rust, recently hit No. 1 on Billboard's Country Digital Song Sales chart, reaching over 3 million streams on Spotify in less than a month. That success has garnered mixed reactions from music fans and artists alike, particularly on TikTok, where hundreds of users have posted videos addressing the tune and others discussing the music in the comments. Billboard has acknowledged Breaking Rust is an AI act and said it is one of at least six to chart in the past few months alone. "Ultimately, this feels like an experiment to see just how far something like this can go and what happens in the future and in other disciplines of art as well," senior entertainment reporter Kelley L. Carter told ABC News. "AI artists won't require things that a real human artist will require, and once companies start considering it and looking at bottom lines, I think that's when artists should rightly be concerned about it," she added.Read more of this story at Slashdot.
Waymo Robotaxis Are Now Giving Rides On Freeways
Waymo is rolling out robotaxi rides that use freeways across Los Angeles, San Francisco, and Phoenix for the first time -- "a critical expansion for the company that it says will reduce ride times by up to 50%," reports TechCrunch. From the report: That stat could help attract a whole new group of users who need to travel between the many towns and suburbs within the greater San Francisco Bay Area or quicken commutes across the sprawling Los Angeles and Phoenix metro areas. Using freeways is also essential for Waymo to offer rides to and from the San Francisco Airport, a location the company is currently testing in. The service won't be offered to all Waymo riders at first, the company said. Waymo riders who want to experience freeway rides can note their preference in the Waymo app. Once the rider hails a ride, they may be matched with a freeway trip, according to the company. The company's robotaxi routes will now stretch to San Jose, an expansion that will create a unified 260-mile service area across the Peninsula, according to Waymo. The company said it will also begin curbside drop off and pick up service at the San Jose Mineta International Airport. It already offers curbside service to the Sky Harbor Phoenix International Airport.Read more of this story at Slashdot.
Anthropic To Spend $50 Billion On US AI Infrastructure
An anonymous reader quotes a report from CNBC: Anthropic announced plans Wednesday to spend $50 billion on a U.S. artificial intelligence infrastructure build-out, starting with custom data centers in Texas and New York. The facilities, which will be designed to support the company's rapid enterprise growth and its long-term research agenda, will be developed in partnership with Fluidstack. Fluidstack is an AI cloud platform that supplies large-scale graphics processing unit, or GPU, clusters to clients like Meta, Midjourney and Mistral. Additional sites are expected to follow, with the first locations going live in 2026. The project is expected to create 800 permanent jobs and more than 2,000 construction roles. The investment positions Anthropic as a major domestic player in physical AI infrastructure at a moment when policymakers are increasingly focused on U.S.-based compute capacity and technological sovereignty. "We're getting closer to AI that can accelerate scientific discovery and help solve complex problems in ways that weren't possible before. Realizing that potential requires infrastructure that can support continued development at the frontier," said CEO Dario Amodei. "These sites will help us build more capable AI systems that can drive those breakthroughs, while creating American jobs."Read more of this story at Slashdot.
Ask Slashdot: Are There Any Good Android Tablets Out There?
Longtime Slashdot reader hadleyburg writes: For a user with an Android phone and who's happy to stick within the Google ecosystem, an Android tablet might seem like the more obvious choice over an iPad. Of course, iPads are a lot more popular, and asking about Android tablets is likely to invite advice about sticking with what everyone else has. The Slashdot community on the other hand -- being a discerning and thoughtful crowd -- might have some experience in this area and be willing to share the pros and cons they have found. The use case is someone not requiring any heavy usage -- no video editing or gaming -- just email, browsing, YouTube, video calls, and that sort of thing.Read more of this story at Slashdot.
Valve Rejoins the VR Hardware Wars With Standalone Steam Frame
Valve is ready to rejoin the VR hardware race with the Steam Frame, a lightweight standalone SteamOS headset that can run games locally or stream wirelessly from a PC using new "foveated streaming" tech. It's set to launch in early 2026. Ars Technica reports: Powered by a Snapdragon 8 Gen 3 processor with 16 GB of RAM, the Steam Frame sports a 2160 x 2160 resolution display per eye at an "up to 110 degrees" field-of-view and up to 144 Hz. That's all roughly in line with 2023's Meta Quest 3, which runs on the slightly less performant Snapdragon XR2 Gen 2 processor. Valve's new headset will be available in models sporting 256GB and 1TB or internal storage, both with the option for expansion via a microSD card slot. Pricing details have not yet been revealed publicly. The Steam Frame's inside-out tracking cameras mean you won't have to set up the awkward external base stations that were necessary for previous SteamVR headsets (including the Index). But that also means old SteamVR controllers won't work with the new hardware. Instead, included Steam Frame controllers will track your hand movements, provide haptic feedback, and offer "input parity with a traditional game pad" through the usual buttons and control sticks. For those who want to bring desktop GPU power to their VR experience, the Steam Frame will be able to connect wirelessly to a PC using an included 6 GHz Wi-Fi 6E adapter. That streaming will be enhanced by what Valve is calling "foveated rendering" technology, which sends the highest-resolution video stream to where your eyes are directly focused (as tracked by two internal cameras). That will help Steam Frame streaming establish a "fast, direct, low-latency link" to the machine, Valve said, though the company has yet to respond to questions about just how much additional wireless latency users can expect. Further reading: Valve Enters the Console WarsRead more of this story at Slashdot.
OpenAI Fights Order To Turn Over Millions of ChatGPT Conversations
An anonymous reader quotes a report from Reuters: OpenAI asked a federal judge in New York on Wednesday to reverse an order that required it to turn over 20 million anonymized ChatGPT chat logs amid a copyright infringement lawsuit by the New York Times and other news outlets, saying it would expose users' private conversations. The artificial intelligence company argued that turning over the logs would disclose confidential user information and that "99.99%" of the transcripts have nothing to do with the copyright infringement allegations in the case. "To be clear: anyone in the world who has used ChatGPT in the past three years must now face the possibility that their personal conversations will be handed over to The Times to sift through at will in a speculative fishing expedition," the company said in a court filing (PDF). The news outlets argued that the logs were necessary to determine whether ChatGPT reproduced their copyrighted content and to rebut OpenAI's assertion that they "hacked" the chatbot's responses to manufacture evidence. The lawsuit claims OpenAI misused their articles to train ChatGPT to respond to user prompts. Magistrate Judge Ona Wang said in her order to produce the chats that users' privacy would be protected by the company's "exhaustive de-identification" and other safeguards. OpenAI has a Friday deadline to produce the transcripts.Read more of this story at Slashdot.
OpenAI's GPT-5.1 Brings Smarter Reasoning and More Personality Presets To ChatGPT
OpenAI today released GPT-5.1, an update to its flagship model line. The update includes two versions: GPT-5.1 Instant, which OpenAI says adds adaptive reasoning capabilities and improved instruction following, and GPT-5.1 Thinking, which adjusts its processing time based on query complexity. The Thinking model responds roughly twice as fast on simple tasks and twice as slow on complex problems compared to its predecessor. The company began rolling out both models to paid subscribers and plans to extend access to free users in coming days. OpenAI added three personality presets -- Professional, Candid, and Quirky -- to its existing customization options. The previous GPT-5 models will remain available through a legacy dropdown menu for three months.Read more of this story at Slashdot.
Valve Enters the Console Wars
Valve has unveiled a new Steam Machine console, taking a second shot at living room gaming a decade after its 2015 Steam Machine initiative failed. The 6-inch cube runs Linux-based SteamOS but plays Windows games through Proton, a compatibility layer built on Wine that translates Microsoft graphical APIs. Valve spent over a decade working on SteamOS and ways to run Windows games on Linux after the original Steam Machines failed. The device promises six times the performance of the Steam Deck handheld using AMD's 2022-2023 technology. In an interaction with The Verge, Valve demonstrated Cyberpunk 2077 running at settings comparable to PS5 Pro or beyond on a 4K television. The console updates games in the background and includes automatic HDMI television control that Valve tested against a warehouse of home entertainment equipment. The system navigates entirely through gamepad controls and resumes games instantly from sleep mode. Valve said pricing will be "comparable to a PC with similar specs" rather than subsidized like traditional consoles. PCs with similar GPUs have cost roughly $1,000 or more. Linux currently plays Windows games better than Windows in side-by-side tests.Read more of this story at Slashdot.
Microsoft Is Offering Rewards Points for Using Edge Instead of Google Chrome
An anonymous reader shares a report: Microsoft employs various schemes to stop Edge users from switching to Chrome, and the latest includes financial rewards for sticking with the browser. As spotted by Windows Latest, select users who search on Bing within Microsoft Edge for a link to download Google Chrome are now shown an offer to stay with the browser. It gives users 1,300 Microsoft Rewards points, which can be redeemed for gift cards (examples include Amazon, Roblox, and Spotify) or donated to one of over 2 million nonprofits.Read more of this story at Slashdot.
US Ends Penny-Making Run After More Than 230 Years
The US is set to make its final penny. The Philadelphia Mint will strike its last batch of one-cent coins on Thursday, after more than 230 years of production. From a report: The coins will remain in circulation but the phase-out has already prompted businesses to start adjusting prices, as they say pennies are becoming harder to find. The government says the move will save money, or as President Donald Trump put it in February when he first announced the plans: "Rip the waste out of our great nation's budget, even if it's a penny at a time." Pennies, which honour Civil War president Abraham Lincoln and are made of copper-plated zinc, today cost nearly four cents each to make -- more than twice the cost of a decade ago, according to the Treasury Department. It estimates the decision to end production will save about $56 million a year. Officials have argued that the rise of electronic transactions is making the penny, which first went into production in 1793, increasingly moot. The Treasury Department estimates that about 300 billion of the coins will remain in circulation, "far exceeding the amount needed for commerce."Read more of this story at Slashdot.
UC San Diego Reports 'Steep Decline' in Student Academic Preparation
The University of California, San Diego has documented a steep decline in the academic preparation of its entering freshmen over the past five years, according to a report [PDF] released this month by the campus's Senate-Administration Working Group on Admissions. Between 2020 and 2025, the number of students whose math skills fall below middle-school level increased nearly thirtyfold, from roughly 30 to 921 students. These students now represent one in eight members of the entering cohort. The Mathematics Department redesigned its remedial program this year to focus entirely on elementary and middle school content after discovering students struggled with basic fractions and could not perform arithmetic operations taught in grades one through eight. The deterioration extends beyond mathematics. Nearly one in five domestic freshmen required remedial writing instruction in 2024, returning to pre-pandemic levels after a brief decline. Faculty across disciplines report students increasingly struggle to engage with longer and complex texts. The decline coincided with multiple disrupting factors. The COVID-19 pandemic forced remote learning starting in spring 2020. The UC system eliminated SAT and ACT requirements in 2021. High school grade inflation accelerated during this period, leaving transcripts unreliable as indicators of actual preparation. UC San Diego simultaneously doubled its enrollment from under-resourced high schools designated LCFF+, admitting more such students than any other UC campus between 2022 and 2024. The working group concluded that admitting large numbers of underprepared students risks harming those students while straining limited instructional resources. The report recommends developing predictive models to identify at-risk applicants and calls for the UC system to reconsider standardized testing requirements.Read more of this story at Slashdot.
Apple Study Finds Mandated Fee Reductions Never Reached European Consumers
Apple said Wednesday that European Union developers pocketed the savings from mandated commission reductions rather than lowering prices for consumers. The iPhone maker commissioned Analysis Group to study pricing behavior [PDF] after the Digital Markets Act forced Apple to cut its App Store fees from up to 30% to an average of 20%. The research examined 41 million transactions across 21,000 products between March and September 2024, generating 403 million euros in sales. Developers maintained or raised prices on nine out of 10 products. Non-EU developers captured 86% of the 20.1 million euros in reduced commissions. Price cuts occurred on 9% of products, but the study attributed these to normal pricing patterns unrelated to the fee reduction. Apple argued the regulation creates barriers for innovators and exposes consumers to risks without delivering promised benefits.Read more of this story at Slashdot.
Synopsys Plans 10% Job Cuts After Ansys Deal Closure
An anonymous reader shares a report: Synopsys will lay off about 10% of its workforce, or roughly 2,000 employees, as the chip-design software maker looks to redirect investment towards growth opportunities, according to a regulatory filing on Wednesday. The move comes after the company completed its $35 billion cash-and-stock acquisition of engineering design firm Ansys earlier this year and missed analysts' estimates for third-quarter revenue in September.Read more of this story at Slashdot.
Amazon Steps Up Attempts To Block Illegal Sports Streaming Via Fire TV Sticks
Amazon is rolling out a tougher approach to combat illegal streaming, with the United States-based tech company aiming to block apps loaded onto all its Fire TV Stick devices that are identified as providing pirated content. From a report: Exclusive data provided to The Athletic from researchers YouGov Sport highlighted that approximately 4.7 million UK adults watched illegal streams in the UK over the past six months, with 31% using Fire Stick (this has become a catch-all term for plug-in devices, even if not made by Amazon) and other IPTV (Internet Protocol Television) devices. It is now the second-most popular method behind websites (42%). Amazon launched a new Fire TV Stick last month -- the 4K Select, which is plugged into a TV to facilitate streaming via the internet -- that it insists will be less of a breeding ground for piracy. It comprises enhanced security measures -- via a new Vega operating system -- and only apps available in Amazon's app store will be available for customers to download. Amazon insists the clampdown will apply to the new and old devices, but registered developers will still be able to use Fire Sticks for legitimate purposes.Read more of this story at Slashdot.
Google Relaunches Cameyo To Entice Businesses From Windows To ChromeOS
After acquiring software virtualization company Cameyo last year, Google has relaunched a version of the service that makes it easier for Windows-based organizations to migrate over to ChromeOS. From a report: Now called "Cameyo by Google," the Virtual App Delivery (VAD) solution allows users to run legacy Windows apps in the Chrome browser or as web apps, preventing organizations from being tied to Microsoft's operating system. Google says the new Cameyo experience is more efficient than switching between separate virtual desktop environments, allowing users to stream the specific apps they need instead of virtualizing the entire desktop. That allows Windows-based programs like Excel and AutoCAD to run side-by-side with Chrome and other web apps, giving businesses the flexibility to use a mix of Microsoft and Google services.Read more of this story at Slashdot.
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