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Updated 2025-07-11 09:00
Bank of England Official Says Stablecoin Use May Need Limits
Bank of England Deputy Governor Jon Cunliffe said regulators may need to impose a limit on using so-called stablecoins for payments as policy makers try to balance the need for innovation with its accompanying concerns. From a report: Cunliffe raised the prospect that rapid innovation in payment systems could bring new risks for customers and financial markets as a whole. "While, from a public policy perspective, we want competition and innovation in payments we need to guard against rapid, disruptive change that does not allow the financial system time to adjust and could therefore threaten financial stability," Cunliffe said Monday in a text of remarks at an event hosted by fintech industry body Innovate Finance. Regulators would need to decide "whether there should be limits, initially at any rate, on stablecoins used for payments." Stablecoins, which are currently issued by non-bank businesses, are pegged to the value of an asset. They are designed to maintain a stable value, unlike cryptocurrencies such as bitcoin, while using ledger technology to record and transfer ownership. Cunliffe noted that "so far their use has been confined to facilitating trading and other transactions in the world of crypto assets," but that there were proposals to use them for other, broader payment purposes. "Stablecoins offer the possibility of greater efficiency and functionality in payments," Cunliffe said. But they currently do not fit into any regulatory framework, unlike the existing payments systems and money issued by commercial banks.Read more of this story at Slashdot.
iOS 17 To Support App Sideloading To Comply With European Regulations
Apple in iOS 17 will for the first time allow iPhone users to download apps hosted outside of its official App Store, according to Bloomberg's Mark Gurman. From a report: Otherwise known as sideloading, the change would allow customers to download apps without needing to use the App Store, which would mean developers wouldn't need to pay Apple's 15 to 30 percent fees. The European Union's Digital Markets Act (DMA), which went into effect on November 1, 2022, requires "gatekeeper" companies to open up their services and platforms to other companies and developers. The DMA will have a big impact on Apple's platforms, and it could result in Apple making major changes to the App Store, Messages, FaceTime, Siri, and more. Apple is planning to implement sideloading support to comply with the new European regulations by next year, according to Gurman.Read more of this story at Slashdot.
Apple Launches Apple Card's Savings Accounts With 4.15% Interest Rate
Apple Card customers in the U.S. can open a savings account and earn interests starting today. When the company originally announced the new financial product back in October, Apple said that it couldn't share what interest rate would be paid out on these accounts because rates are fluctuating so much these days. From a report: As of today, Apple is going to offer an APY of 4.15%. It looks like a competitive offering when you look at data from Bankrate -- you can currently find savings accounts that offer an APY of 3.5% to 4.75%. The company isn't making any promise when it comes to future interest rates. It could go up and down at any time. Apple has partnered with Goldman Sachs once again for the banking feature. Savings accounts are technically managed by Goldman Sachs, which means that balances are covered by the Federal Deposit Insurance Corporation (FDIC). This high-yield savings account has been created specifically for Apple Card customers. When customers pay with their Apple Card, they get cash back on all purchases. By default, all purchases grant you 1% in cash rewards and 2% for all purchases made using Apple Pay. Purchases with select merchants unlock 3% in rewards.Read more of this story at Slashdot.
Adobe Brings Firefly To Its Video Tools
An anonymous reader shares a report: A month ago, Adobe announced Firefly, its entry into the generative AI game. Initially, Firefly's focus was on generating commercially safe images, but the company is now pushing its technology beyond still images. As the company announced today, it will soon bring Firefly to its Creative Cloud video and audio applications. To be clear, you won't (yet) be able to use Firefly to create custom videos yet. Instead, the emphasis here is on making it easier for anyone to edit videos, color grade using just a few words, add music and sound effects and create title cards with animated fonts, graphics and logos. However, Firefly also promises to automatically turn scripts into storyboards and pre-visualizations -- and it will recommend b-roll to liven up videos. Maybe the highlight of these promised new features is being able to color grade a video by simply describing what a video should look like with just a few words (think "golden hour" or "brighten face"). Other new AI-based features include the ability to generate custom sounds and music. Firefly will also help editors create subtitles, logos and title cards by having them describe what they want them to look like.Read more of this story at Slashdot.
US SEC Charges Bittrex With Operating Unregistered Securities Exchange
The U.S. Securities and Exchange Commission on Monday charged cryptocurrency exchange Bittrex and its former CEO William Shihara with operating an unregistered national securities exchange, broker and clearing agency. From a report: The SEC alleged in its complaint, which was filed in a U.S. district court in Washington, that Shihara coordinated with crypto asset issuers seeking to make their tokens available for trading on Bittrex's platform to delete public statements that Shihara believed would lead regulators to investigate those token offerings as securities. The SEC also charged Bittrex's foreign affiliate, Bittrex Global GmbH, for failing to register as a national securities exchange in connection with its operation of a single shared order book along with Bittrex. Seattle-based Bittrex had previously announced it would shutter its U.S. operations effective April 30 due to "continued regulatory uncertainty." The company's non-U.S. operations are based in Liechtenstein.Read more of this story at Slashdot.
Samsung Considering Replacing Google With Bing as the Default Search Engine
Google is sprinting to protect its core business with a flurry of projects, including updates to its search engine and plans for an all-new one. From a report: Google's employees were shocked when they learned in March that the South Korean consumer electronics giant Samsung was considering replacing Google with Microsoft's Bing as the default search engine on its devices. For years, Bing had been a search engine also-ran. But it became a lot more interesting to industry insiders when it recently added new artificial intelligence technology. Google's reaction to the Samsung threat was "panic," according to internal messages reviewed by The New York Times. An estimated $3 billion in annual revenue was at stake with the Samsung contract. An additional $20 billion is tied to a similar Apple contract that will be up for renewal this year. A.I. competitors like the new Bing are quickly becoming the most serious threat to Google's search business in 25 years, and in response, Google is racing to build an all-new search engine powered by the technology. It is also upgrading the existing one with A.I. features, according to internal documents reviewed by The Times. The new features, under the project name Magi, are being created by designers, engineers and executives working in so-called sprint rooms to tweak and test the latest versions. The new search engine would offer users a far more personalized experience than the company's current service, attempting to anticipate users' needs.Read more of this story at Slashdot.
Artist Refuses Prize After His AI Image Wins at Top Photo Contest
An anonymous reader shares a report: A photographer has stirred up fresh controversy and debate after his artificial intelligence (AI) image won first prize at one of the world's most prestigious photography competitions. He has since declined to accept the prize while the contest has remained silent on the matter. Berlin-based "photomedia artist" Boris Eldagsen participated this year in the World Photography Organization's Sony World Photography Awards, a leading photo contest that offers prizes that include $5,000 cash, Sony camera equipment, a trip to London for the awards ceremony, and/or worldwide publicity through a book and exhibition. Eldagsen submitted an image titled THE ELECTRICIAN to the Creative category of the 2023 Open competition. It picture appears to be a portrait of two women captured with a photographic process from the early days of photography.Read more of this story at Slashdot.
US Tech Giants Voice Concern Over India's Fact-Checking Rule
The Asia Internet Coalition, an influential industry organization representing technology giants such as Facebook, Google, Apple, and Amazon, has voiced concerns over a recent amendment to India's IT rules, saying the changes grant the local government expansive content removal authority without implementing adequate procedural safeguards. From a report: India recently updated its IT rules, barring social media platforms such as Facebook and Twitter from disseminating false or misleading information about the government's business affairs. Under the new regulations, these firms must rely on New Delhi's own fact-checking unit to verify claims. The amendments lack the "sufficient procedural safeguards" to protect people's fundamental rights to access information, said Jeff Paine, Managing Director of AIC in a statement Monday.Read more of this story at Slashdot.
German Government Rejects Bavaria's Offer to Reopen Its Closed Nuclear Plant
Germany consists of 16 states, the largest of which is Bavaria (covering about of fifth of Germany by area). Hours after Germany closed its last three nuclear power plants, Bavaria's premier offered to keep one of the three reactors running as a state-controlled power plant (rather than as a federally-controlled plant), according to a report in DW. It reports that the premier told the Bild am Sonntag newspaper that Bavaria was "demanding that the federal government give states the responsibility for the continued operation of nuclear power. Until the [energy] crisis ends and while the transition to renewables has not succeeded, we must use every form of energy until the end of the decade. Bavaria is ready to face up to this responsibility." He also told the newspaper that Germany is "a pioneer in nuclear fusion research and are examining the construction of our own research reactor, in cooperation with other countries. It can't be that a country of engineers like Germany gives up any claim to shaping the future and international competitiveness." Now Reuters reports that Germany's federal government just issued their answer. No.Germany's Environment Ministry on Sunday rejected a demand from the state of Bavaria to allow it to continue operating nuclear power plants, saying jurisdiction for such facilities lies with the federal government... Environment Minister Steffi Lemke said the authorisation for [the Bavaria-based nuclear plant] had expired and restarting its reactor would require a new license. "It is important to accept the state of the art in science and technology and to respect the decision of the German Bundestag," Lemke said in a statement sent to Reuters.Read more of this story at Slashdot.
Frozen Driverless Cars are Delaying San Francisco's Buses
There's a new problem with driverless test vehicles. Wired obtain records from San Francisco's public transit agency for about six months showing that driverless cars testing on city streets "resulted in at least 83 minutes of direct delays" for the city's "Muni" buses. And "that data likely doesn't reflect the true scale of the problem," Wired argues, since "a single delay can slow other lines, worsening the blow." Some examples from the article:- On January 22, a Cruise at a green light wouldn't budge, preventing a San Francisco light-rail train from moving for nearly 16 minutes. As the train driver headed out to investigate, a passenger said, "Nobody in there, huh?" Over a span of 10 minutes, the driver chatted with passengers, checked with managers over the radio, and walked around the motionless Cruise vehicle. Someone wearing a reflective vest and holding a tablet eventually got into the Cruise and drove it away... - On September 30, 2022, a Muni light-rail train, or streetcar, that was full of celebrating baseball fans began driving from a station into an intersection. An empty Cruise robotaxi at a stop sign to the train's left then also drove forward... It was seven minutes before the driverless car cleared the track and the train started again, drawing cheers from riders... - On January 21, a Muni bus with a couple of riders aboard had lost six minutes because a Cruise was lingering across an intersection crowded by police and fire vehicles, video shows. While other cars maneuvered past, the Cruise did not. "I have one of those autonomous cars in front of me, so I'm stuck," the driver radioed. "I could make this turn on Sixth Avenue if this car wasn't in front of me...." - In November, one light-rail passenger called it quits after waiting nearly six minutes for a Cruise driverless car in front to move. "There's nobody in the car," the driver told the person as they stepped off the train. - [After a white Waymo SUV stopped in the middle of the road, Waymo spokesperson Sandy Karp] says one of the company's roadside assistance crews arrived within 11 minutes of being dispatched to drive the SUV, clearing the blockage about 15 minutes after it began. Karp declined to elaborate on why the remote responder's guidance failed but said engineers have since introduced an unspecified change that allows addressing "these rare situations faster and with more flexibility...."Read more of this story at Slashdot.
Recruiters Try Asking Laid Off Tech Workers to Return to the Same Companies as Contractors
The Seattle Times reports:After losing their jobs at one of Seattle's biggest tech companies, some workers find themselves facing an unexpected question: Do you want to return to the company that just let you go? There's a catch. Those offers, from third-party recruiters eager to place workers at the companies they just left, are for contract positions rather than staff positions. They would come with an end date, a lower salary, no benefits and no stock options. For workers the messages range from insensitive to insulting. "We all just got the shock of our life, the last thing I need is for you to continue to ask me to go to a company that just let me go," said one former Microsoft worker who was laid off in March and asked to remain anonymous during the job hunt. Another worker who was laid off from Amazon in January and also asked to remain anonymous out of concern for future job prospects said they've heard from several recruiters looking specifically for people with Amazon experience. In one response, the former Amazonian passed this message to the recruiter: "Tell Amazon if they want an engineer, they can just not fire me later this month...." Because companies and recruiters cast such a wide net, workers who were recently cut are still getting caught in the pool of potential candidates — whether they want to be or not... [T]ech companies often ask recruiters to find workers who have already worked at their company, particularly when hiring for a contract position that would require a worker to get up to speed quickly, said Nabeel Chowdhury, senior vice president at recruiting firm 24 Seven Talent. That's what happened with the former Amazon worker. One recruiter sent a message that began "Reaching out to see if you might be open to returning to Amazon on a contract position?" One former Microsoft worker told the Seattle Times "I do have a sense of pride. There's no way I want to go back ... making half the amount."Read more of this story at Slashdot.
How Should AI Be Regulated?
A New York Times opinion piece argues people in the AI industry "are desperate to be regulated, even if it slows them down. In fact, especially if it slows them down." But how?What they tell me is obvious to anyone watching. Competition is forcing them to go too fast and cut too many corners. This technology is too important to be left to a race between Microsoft, Google, Meta and a few other firms. But no one company can slow down to a safe pace without risking irrelevancy. That's where the government comes in — or so they hope... [A]fter talking to a lot of people working on these problems and reading through a lot of policy papers imagining solutions, there are a few categories I'd prioritize. The first is the question — and it is a question — of interpretability. As I said above, it's not clear that interpretability is achievable. But without it, we will be turning more and more of our society over to algorithms we do not understand... The second is security. For all the talk of an A.I. race with China, the easiest way for China — or any country for that matter, or even any hacker collective — to catch up on A.I. is to simply steal the work being done here. Any firm building A.I. systems above a certain scale should be operating with hardened cybersecurity. It's ridiculous to block the export of advanced semiconductors to China but to simply hope that every 26-year-old engineer at OpenAI is following appropriate security measures. The third is evaluations and audits. This is how models will be evaluated for everything from bias to the ability to scam people to the tendency to replicate themselves across the internet. Right now, the testing done to make sure large models are safe is voluntary, opaque and inconsistent. No best practices have been accepted across the industry, and not nearly enough work has been done to build testing regimes in which the public can have confidence. That needs to change — and fast. The piece also recommends that AI-design companies "bear at least some liability for what their models." But what legislation should we see — and what legislation will we see? "One thing regulators shouldn't fear is imperfect rules that slow a young industry," the piece argues. "For once, much of that industry is desperate for someone to help slow it down."Read more of this story at Slashdot.
Compromised Sites Use Fake Chrome Update Warnings to Spread Malware
Bleeping Computer warned this week about compromised web sites "that display fake Google Chrome automatic update errors that distribute malware to unaware visitors."The campaign has been underway since November 2022, and according to NTT's security analyst Rintaro Koike, it shifted up a gear after February 2023, expanding its targeting scope to cover users who speak Japanese, Korean, and Spanish. BleepingComputer has found numerous sites hacked in this malware distribution campaign, including adult sites, blogs, news sites, and online stores... If a targeted visitor browses the site, the scripts will display a fake Google Chrome error screen stating that an automatic update that is required to continue browsing the site failed to install. "An error occurred in Chrome automatic update. Please install the update package manually later, or wait for the next automatic update," reads the fake Chrome error message. The scripts will then automatically download a ZIP file called 'release.zip' that is disguised as a Chrome update the user should install. However, this ZIP file contains a Monero miner that will utilize the device's CPU resources to mine cryptocurrency for the threat actors. Upon launch, the malware copies itself to C:\Program Files\Google\Chrome as "updater.exe" and then launches a legitimate executable to perform process injection and run straight from memory. According to VirusTotal, the malware uses the "BYOVD" (bring your own vulnerable driver) technique to exploit a vulnerability in the legitimate WinRing0x64.sys to gain SYSTEM privileges on the device. The miner persists by adding scheduled tasks and performing Registry modifications while excluding itself from Windows Defender. Additionally, it stops Windows Update and disrupts the communication of security products with their servers by modifying the IP addresses of the latter in the HOSTS file. This hinders updates and threat detection and may even disable an AV altogether.Read more of this story at Slashdot.
Google Releases Emergency Chrome Security Update
"Earlier this week, Google released an emergency security update for the Chrome browser due to a vulnerability that is being actively exploited in the wild," reports Hot Hardware:On Friday, Google highlighted CVE-2023-2033, reported by Clément Lecigne of Google's own Threat Analysis Group (TAG). This vulnerability is a 'type confusion' bug in the JavaScript engine for Chromium browsers useing the V8 Javascript engine. In short, type confusion is a bug that allows memory to be accessed with the wrong type, allowing for the reading or writing of memory out of bounds. The CVE page says that an attacker could create an HTML page that allows the exploitation of heap corruption. While there is no Common Vulnerability Scoring System (CVSS) score attached to the vulnerability yet, Google is tracking this as a "high" severity issue. This is likely due in part to the fact that "Google is aware that an exploit for CVE-2023-2033 exists in the wild." The article notes that Chrome updates are generally done automatically, but you can also check for updates by clicking Chrome's three-dots menu in the top-right corner, then "Help" and "About Chrome."Read more of this story at Slashdot.
After 18 Years, Europe's Largest Nuclear Reactor Starts Regular Output
Finland finally began regular output Sunday from its first new nuclear power plant in more than four decades. Reuters reports that the Olkiluoto 3 (OL3) nuclear reactor is also Europe's first new nuclear plant in 16 years. Construction started in 2005, with the plant due to open four years later — but it was then "plagued by technical issues" which continued to the very end.OL3 first supplied test production to Finland's national power grid in March last year and was expected at the time to begin regular output four months later, but instead suffered a string of breakdowns and outages that took months to fix. The reactor will be Europe's largest, the article points out:OL3's operator Teollisuuden Voima (TVO), which is owned by Finnish utility Fortum and a consortium of energy and industrial companies, has said the unit is expected to meet around 14% of Finland's electricity demand, reducing the need for imports from Sweden and Norway. The new reactor is expected to produce for at least 60 years, TVO said in a statement on Sunday after completing the transition from testing to regular output. "The production of Olkiluoto 3 stabilises the price of electricity and plays an important role in the Finnish green transition," TVO Chief Executive Jarmo Tanhua said in the statement. "News of OL3's start-up comes as Germany on Saturday switches off its last three remaining reactors, while Sweden, France, Britain and others plan new developments."Read more of this story at Slashdot.
Utah's Record Snowfall 'Buys Us Time' for Drying Great Salt Lake
Utah's Great Salt Lake had shrunk by two thirds its original size, the New York Times reported last June. And "It was only three months ago that nearly three dozen scientists and conservationists sounded the alarm that the Great Salt Lake in Utah faces 'unprecedented danger'," CNN reports. "Unless the state's lawmakers fast-tracked 'emergency measures' to dramatically increase the lake's inflow by 2024, it would likely disappear in the next five years."Now, after an incredible winter full of rain and snow, there is a glimmer of hope on North America's largest terminal lake, where water levels had fallen to a record-low last fall amid a historic, climate change-fueled drought across the West. As of Thursday, the snowpack in the Great Salt Lake basin was more than double the average for this time of year. All of this winter's rain and snow that fell directly into the Great Salt Lake increased the water level there by three feet... In reality, the precipitation only made up for what was lost to last year's drought and evaporation... To reverse the decline, the Great Salt Lake needs an additional 1 million acre-feet of water — roughly 326 billion gallons — per year, according to the January assessment. Bonnie Baxter, the director of the Great Salt Lake Institute at Westminster College and one of the authors of the January report, said the state would "need another five years like this in order to get the system healthy again." "If I do the math, we got about three feet of direct precipitation that fell into the lake this year, that is fantastic," Baxter told CNN. "But the last two years, we also lost 2.8 feet in the summer, and we expect to lose that three feet in the desiccating summer. So now, we're pretty much even, and that's not a good place to be." Baxter says the rainfall "buys us some time" to work on long-term issues like water rights and metering the water used in agriculture — maybe a year or two — but "We're not going to be bailed out by excess snow." There's hope melting snow could add more water, but Baxter warns that it might not. "If it melts really quickly, which is probably going to happen because we have these late snows and now we're right up against warm temperatures, then you get the water just rushing over the land and not taking time to charge the aquifers and just evaporating off the surface."Read more of this story at Slashdot.
Solar Projects in North Africa + Undersea Cables = Green Energy for Europe?
"The abundant sun of northern Africa may soon power Europe's homes and businesses," reports the Washington Post, "as European leaders consider connecting massive North African solar projects to undersea power cables to free their continent from Russian energy."The projects would take advantage of the climate quirk that one side of the Mediterranean is far drearier and cloudier than the other, although Europe and North Africa are geographically close. Abundant desert land also makes North African megaprojects far easier than in Europe, where open spaces tend to be agricultural or mountainous. The sudden need for alternative energy following Russia's invasion of Ukraine means that North African solar projects intended to send electricity to Europe are under active discussion, officials and experts say, as European leaders see a straightforward way to secure large amounts of green power. Past proposals have suggested that North African energy projects could meet as much as 15 percent of Europe's electricity demand. The interest is especially high in Morocco, where undersea electrical cables already cross the 10-mile span to Spain at the Strait of Gibraltar. Moroccan leaders — who never had any fossil fuels to export — see a chance to promote their country as a renewable energy giant. Europe, meanwhile, wants to hit its ambitious climate goals and address its need for non-Russian energy at the same time. The result is a confluence of interests that could lead to a sudden leap forward for Europe's renewable energy uptake. More broadly, it is a test for the concept of shipping green energy from sunny parts of the world to regions where the sun doesn't shine as brightly.... Europe alone doesn't have "the potential for the scale to create the dimensions of the renewable energy that we need," said European Commission Vice President Frans Timmermans, speaking alongside Moroccan Foreign Minister Nasser Bourita. The article cites estimates from the International Renewable Energy Agency that North Africa's "installable capacity" is 2,792 gigawatts of solar power and 223 gigawatts of wind power. Laura El-Katiri, a fellow at the European Council on Foreign Relations who specializes in North African renewable energy, writes that could generate more than two and a half times Europe's 2021 electricity output.Read more of this story at Slashdot.
Would This OpenJDK Proposal Make Java Easier to Learn?
"Java would become easier for students to learn under a proposal to introduce flexible main methods and anonymous main classes to the language," reports InfoWorld. Details of the plan include enhancing the protocol by which Java programs are launched to be flexible, in particular to allow the String[] parameter of main methods to be omitted and allow main methods to be neither public nor static; the Hello World program would be simplified. Anonymous main classes would be introduced to make the class declaration implicit. It's currently a disabled-by-default preview language feature in JDK 21 (scheduled for General Availability in September), included to provoke developer feedback based on real world use (which may lead to it becoming permanent in the future). This wouldn't introduce a separate beginner's dialect or beginners' toolchain of Java, emphasizes Java Enhancement Proposal (JEP) 445. "Student programs should be compiled and run with the same tools that compile and run any Java program." But it argues that a simple "Hello World" program today has "too much clutter...too much code, too many concepts, too many constructs — for what the program does." public class HelloWorld { public static void main(String[] args) { System.out.println("Hello, World!"); }} Anonymous main classes would make the public class declaration implicit (while also sparing newbies the "mysterious" modifier static and the args parameter String[] ). The program is streamlined to: void main() { System.out.println("Hello, World!");} The proposal argues this change reduces "the ceremony of writing simple programs such as scripts and command-line utilities." And since Java is intended to be a first programming language, this change would mean students "can write their first programs without needing to understand language features designed for large programs," using instead "streamlined declarations for single-class programs". (This allows students and educators to explore language features more gradually.)A Hello, World! program written as an anonymous main class is much more focused on what the program actually does, omitting concepts and constructs it does not need. Even so, all members are interpreted just as they are in an ordinary class. To evolve an anonymous main class into an ordinary class, all we need to do is wrap its declaration, excluding import statements, inside an explicit class declaration.Read more of this story at Slashdot.
New Spectre-Related 'Medium Severity' Flaw Patched in Linux Kernel
"The Spectre vulnerability that has haunted hardware and software makers since 2018 continues to defy efforts to bury it," reports the Register:On Thursday, Eduardo (sirdarckcat) Vela Nava, from Google's product security response team, disclosed a Spectre-related flaw in version 6.2 of the Linux kernel. The bug, designated medium severity, was initially reported to cloud service providers — those most likely to be affected — on December 31, 2022, and was patched in Linux on February 27, 2023. "The kernel failed to protect applications that attempted to protect against Spectre v2, leaving them open to attack from other processes running on the same physical core in another hyperthread," the vulnerability disclosure explains. The consequence of that attack is potential information exposure (e.g., leaked private keys) through this pernicous problem.... Spectre v2 — the variant implicated in this particular vulnerability — relies on timing side-channels to measure the misprediction rates of indirect branch prediction in order to infer the contents of protected memory. That's far from optimal in a cloud environment with shared hardware... The bug hunters who identified the issue found that Linux userspace processes to defend against Spectre v2 didn't work on VMs of "at least one major cloud provider."Read more of this story at Slashdot.
Remote Working Increases VC Investments in Other Areas Besides Silicon Valley
Silicon Valley had $74.9 billion in venture-capital investments just in 2022, reports the Washington Post (citing data from PitchBook). With 3,206 deals, "that's about $45.36 billion and 1,058 deals more than New York, the second highest region for VC fundraising." And in addition, the Silicon Valley region "was also the home of 86% of start-ups, up from 53% last year, funded by famed start-up accelerator Y Combinator." And yet Silicon Valley's share of U.S. venture capital investments last year was its lowest since 2012, "as lenient remote work policies and a spate of layoffs have fueled the departures of workers and cleared the way for rising investment in other tech hubs across the United States, notably Austin and Miami.... [N]early 250,000 people left the Silicon Valley region during the pandemic, according to census data from April 1, 2020, to July 1, 2022."Funding for companies in Miami has nearly quadrupled in the past three years, totaling $5.39 billion in 2022, while deal volume jumped 81 percent. Austin venture capital investments rose 77 percent to $4.95 billion with the number of deals jumping 23 percent. New York, Seattle, Philadelphia, Chicago, Denver and Houston also saw relatively large increases in investment and deals, data shows.... "There's no doubt that [Silicon Valley's] sort of exemplary, center-of-the-universe status has really absorbed some blows," said Mark Muro, senior fellow at Brookings Institution. Miami and Austin both benefited from fewer restrictions during the coronavirus pandemic. Early on, cryptocurrency and Web3 — a broad term for the next generation of the internet that would give people more control and ownership — were major drivers of Miami's growth. Seattle benefited from having Amazon and Microsoft in its backyard, attracting more enterprise technology and also biotech, said Kyle Stanford, lead venture capital analyst at PitchBook. "A redistribution [of funding] has definitely started. The pandemic, the fleeing of start-ups and remote work helped catalyze growth in those smaller markets," he said. Brianne Kimmel, founder of investment firm Worklife Ventures, has noticed a change in identity for the Silicon Valley region as many tech workers have moved out of San Francisco to other places like Austin or Seattle. "That's really created room for young, very technical, traditional hacker types to come to San Francisco," she said. "It's giving the city a personality it may have lost in years prior." The Post got this assessment from a VC company partner focused on investing in AI and software infrastructure. "Five years ago, 90 percent of companies would've been founded in San Francisco. Now it might be more like 70 percent, with others starting in places like Seattle and New York."Read more of this story at Slashdot.
FSF Says Google's Decision to Deprecate JPEG-XL Emphasizes Need for Browser Choice
"The fact remains that Google Chrome is the arbiter of web standards," argues FSF campaigns manager Greg Farough (while adding that Firefox, "through ethical distributions like GNU IceCat and Abrowser, can weaken that stranglehold.") "Google's deprecation of the JPEG-XL image format in February in favor of its own patented AVIF format might not end the web in the grand scheme of things, but it does highlight, once again, the disturbing amount of control it has over the platform generally."Part of Google's official rationale for the deprecation is the following line: "There is not enough interest from the entire ecosystem to continue experimenting with JPEG-XL." Putting aside the problematic aspects of the term "ecosystem," let us remark that it's easy to gauge the response of the "entire ecosystem" when you yourself are by far the largest and most dangerous predator in said "ecosystem." In relation to Google's overwhelming power, the average web user might as well be a microbe. In supposedly gauging what the "ecosystem" wants, all Google is really doing is asking itself what Google wants... While we can't link to Google's issue tracker directly because of another freedom issue — its use of nonfree JavaScript — we're told that the issue regarding JPEG-XL's removal is the second-most "starred" issue in the history of the Chromium project, the nominally free basis for the Google Chrome browser. Chromium users came out of the woodwork to plead with Google not to make this decision. It made it anyway, not bothering to respond to users' concerns. We're not sure what metric it's using to gauge the interest of the "entire ecosystem," but it seems users have given JPEG-XL a strong show of support. In turn, what users will be given is yet another facet of the web that Google itself controls: the AVIF format. As the response to JPEG-XL's deprecation has shown, our rallying together and telling Google we want something isn't liable to get it to change its mind. It will keep on wanting what it wants: control; we'll keep on wanting what we want: freedom. Only, the situation isn't hopeless. At the present moment, not even Google can stop us from creating the web communities that we want to see: pages that don't run huge chunks of malicious, nonfree code on our computers. We have the power to choose what we run or do not run in our browsers. Browsers like GNU IceCat (and extensions like LibreJS and JShelter> ) help with that. Google also can't prevent us from exploring networks beyond the web like Gemini. What our community can do is rally support behind those free browsers that choose to support JPEG-XL and similar formats, letting the big G know that even if we're smaller than it, we won't be bossed around.Read more of this story at Slashdot.
Undercutting Microsoft, Amazon Offers Free Access to Its AI Coding Assistant 'CodeWhisperer'
Amazon is making its AI-powered coding assistant CodeWhisperer free for individual developers, reports the Verge, "undercutting the $10 per month pricing of its Microsoft-made rival."Amazon launched CodeWhisperer as a preview last year, which developers can use within various integrated development environments (IDEs), like Visual Studio Code, to generate lines of code based on a text-based prompt.... CodeWhisperer automatically filters out any code suggestions that are potentially biased or unfair and flags any code that's similar to open-source training data. It also comes with security scanning features that can identify vulnerabilities within a developer's code, while providing suggestions to help close any security gaps it uncovers. CodeWhisperer now supports several languages, including Python, Java, JavaScript, TypeScript, and C#, including Go, Rust, PHP, Ruby, Kotlin, C, C++, Shell scripting, SQL, and Scala. Here's how Amazon's senior developer advocate pitched the usefulness of their "real-time AI coding companion":Helping to keep developers in their flow is increasingly important as, facing increasing time pressure to get their work done, developers are often forced to break that flow to turn to an internet search, sites such as StackOverflow, or their colleagues for help in completing tasks. While this can help them obtain the starter code they need, it's disruptive as they've had to leave their IDE environment to search or ask questions in a forum or find and ask a colleague — further adding to the disruption. Instead, CodeWhisperer meets developers where they are most productive, providing recommendations in real time as they write code or comments in their IDE. During the preview we ran a productivity challenge, and participants who used CodeWhisperer were 27% more likely to complete tasks successfully and did so an average of 57% faster than those who didn't use CodeWhisperer.... It provides additional data for suggestions — for example, the repository URL and license — when code similar to training data is generated, helping lower the risk of using the code and enabling developers to reuse it with confidence.Read more of this story at Slashdot.
Germany Quits Nuclear Power, Closes Its Final Three Plants
"Germany's final three nuclear power plants close their doors on Saturday," reports CNN, "marking the end of the country's nuclear era that has spanned more than six decades...."[D]espite last-minute calls to keep the plants online amid an energy crisis, the German government has been steadfast. "The position of the German government is clear: nuclear power is not green. Nor is it sustainable," Steffi Lemke, Germany's Federal Minister for the Environment and Consumer Protection and a Green Party member, told CNN."We are embarking on a new era of energy production," she said. The closure of the three plants — Emsland, Isar 2 and Neckarwestheim — represents the culmination of a plan set in motion more than 20 years ago. But its roots are even older. In the 1970s, a strong anti-nuclear movement in Germany emerged. Disparate groups came together to protest new power plants, concerned about the risks posed by the technology and, for some, the link to nuclear weapons. The movement gave birth to the Green Party, which is now part of the governing coalition... For critics of Germany's policy, however, it's irrational to turn off a low-carbon source of energy as the impacts of the climate crisis intensify. "We need to keep existing, safe nuclear reactors operating while simultaneously ramping up renewables as fast as possible," Leah Stokes, a professor of climate and energy policy at the University of California, Santa Barbara, told CNN. The big risk, she said, is that fossil fuels fill the energy gap left by nuclear. Reductions in Germany's nuclear energy since Fukushima have been primarily offset by increases in coal, according to research published last year. Germany plans to replace the roughly 6% of electricity generated by the three nuclear plants with renewables, but also gas and coal.... Now Germany must work out what do with the deadly, high-level radioactive waste, which can remain dangerous for hundreds of thousands of years. CNN also notes how other countries approach nuclear power:Denmark passed a resolution in the 1980s not to construct nuclear power plantsFinland began test production from a new nuclear plant last yearSwitzerland voted in 2017 to phase out nuclear powerFrance, which gets about 70% of its power from nuclear, is planning six new reactors.Italy closed its last reactors in 1990Read more of this story at Slashdot.
Should Managers Permanently Stop Requiring Degrees for IT Positions?
CIO magazine reports on "a growing number of managers and executives dropping degree requirements from job descriptions."Figures from the 2022 study The Emerging Degree Reset from The Burning Glass Institute quantify the trend, reporting that 46% of middle-skill and 31% of high-skill occupations experienced material degree resets between 2017 and 2019. Moreover, researchers calculated that 63% of those changes appear to be "'structural resets' representing a measured and potentially permanent shift in hiring practices" that could make an additional 1.4 million jobs open to workers without college degrees over the next five years. Despite such statistics and testimony from Taylor and other IT leaders, the debate around whether a college education is needed in IT isn't settled. Some say there's no need for degrees; others say degrees are still preferred or required.... IBM is among the companies whose leaders have moved away from degree requirements; Big Blue is also one of the earliest, largest, and most prominent proponents of the move, introducing the term "new collar jobs" for the growing number of positions that require specific skills but not a bachelor's degree.... Not all are convinced that dropping degree requirements is the way to go, however. Jane Zhu, CIO and senior vice president at Veritas Technologies, says she sees value in degrees, value that isn't always replicated through other channels. "Though we don't necessarily require degrees for all IT roles here at Veritas, I believe that they do help candidates demonstrate a level of formal education and commitment to the field and provide a foundation in fundamental concepts and theories of IT-related fields that may not be easily gained through self-study or on-the-job training," she says. "Through college education, candidates have usually acquired basic technical knowledge, problem-solving skills, the ability to collaborate with others, and ownership and accountability. They also often gain an understanding of the business and social impacts of their actions." The article notes an evolving trend of "more openness to skills-based hiring for many technical roles but a desire for a bachelor's degree for certain positions, including leadership." (Kelli Jordan, vice president of IBMer Growth and Development tells CIO that more than half of the job openings posted by IBM no longer require degrees.) Thanks to Slashdot reader snydeq for sharing the article.Read more of this story at Slashdot.
Government Cybersecurity Agencies Unite to Urge Secure Software Design Practices
Several government cybersecurity agencies united to urge secure-by-design and secure-by-default software. Releasing "joint guidance" for software manufactuers were two U.S. security agencies — the FBI and the NSA — joined with the U.S. Cybersecurity and Infrastructure Security Agency and the cybersecurity authorities of Australia, Canada, the United Kingdom, Germany, Netherlands, and New Zealand. "To create a future where technology and associated products are safe for customers," they wrote in a joint statement, "the authoring agencies urge manufacturers to revamp their design and development programs to permit only secure-by-design and -default products to be shipped to customers." The Washington Post reports:Software manufacturers should put an end to default passwords, write in safer programming languages and establish vulnerability disclosure programs for reporting flaws, a collection of U.S. and international government agencies said in new guidelines Thursday. [The guidelines also urge rigorous code reviews.] The "principles and approaches" document, which isn't mandatory but lays out the agencies' views on securing software, is the first major step by the Biden administration as part of its push to make software products secure as part of the design process, and to make their default settings secure as well. It's part of a potentially contentious multiyear effort that aims to shift the way software makers secure their products. It was a key feature of the administration's national cybersecurity strategy, which was released last month and emphasized shifting the burden of security from consumers — who have to manage frequent software updates — to the companies that make often insecure products... The administration has also raised the prospect of legislation on secure-by-design and secure-by-default, but officials have said it could be years away.... The [international affairs think tank] Atlantic Council's Cyber Statecraft Initiative has praised the Biden administration's desire to address economic incentives for insecurity. Right now, the costs of cyberattacks fall on users more than they do tech providers, according to many policymakers. "They're on a righteous mission," Trey Herr, director of the Atlantic Council initiative, told me. If today's guidelines are the beginning of the discussion on secure-by-design and secure-by-default, Herr said, "this is a really strong start, and an important one." "It really takes aim at security features as a profit center," which for some companies has led to a lot of financial growth, Herr said. "I do think that's going to rub people the wrong way and quick, but that's good. That's a good fight." In the statement CISA's director says consumers also have a role to play in this transition. "As software now powers the critical systems and services we collectively rely upon every day, consumers must demand that manufacturers prioritize product safety above all else." Among other things, the new guidelines say that manufacturers "are encouraged make hard tradeoffs and investments, including those that will be 'invisible' to the customers, such as migrating to programming languages that eliminate widespread vulnerabilities."Read more of this story at Slashdot.
Mars Helicopter 'Ingenuity' Completes 50th Flight After Two Years on Mars
"Two years have passed since the Perseverance rover landed on Mars, carrying with it the Ingenuity helicopter," notes Slashdot reader quonset. "Created from off-the-shelf components, the helicopter was only designed to last about five flights. Instead, two years later, having become the first aircraft to fly and land on another planet, Ingenuity successfully completed its 50th flight." CNN reports that the 4-pound (1.8-kilogram) helicopter has now "surpassed all expectations," transitioning into "an aerial scout for the Perseverance rover as it explores an ancient lake and river delta on Mars."Each morning, the Helicopter Base Station on the Perseverance rover searches for Ingenuity's signal around the time the chopper is expected to "wake up," waiting for a sign that its aerial scout is still functioning. But Ingenuity's solar panels, batteries and rotor system are healthy. The chopper is "still doing fantastic," said Teddy Tzanetos, Ingenuity team lead at NASA's Jet Propulsion Laboratory. "We're looking forward to just keep pushing that envelope." Since the helicopter left the flat floor of Jezero Crater and headed to the river delta in January, its flights have only grown more challenging. Ingenuity has flown over uncharted and rugged terrain with landing spots surrounded by potential hazards. "We are not in Martian Kansas anymore," said Josh Anderson, Ingenuity operations lead at JPL, in a statement. "We're flying over the dried-up remnants of an ancient river that is filled with sand dunes, boulders, and rocks, and surrounded by hills that could have us for lunch. And while we recently upgraded the navigation software onboard to help determine safe airfields, every flight is still a white-knuckler...." Ingenuity's team is already planning its next set of flights because the chopper has to remain at the right distance to stay in touch with the fast-moving rover, which can drive for hundreds of meters in a single day... The Perseverance rover is moving on from an area that could contain hydrated silica, which might have information about a warmer, wetter Martian past and any potential signs of life from billions of years ago. Up next is Mount Julian, a site that will provide the rover with a panoramic view into Belva Crater. Ingenuity's journey has demonstrated how useful aircraft can be on space missions, scouting places that rovers can't go or helping plot a safe path to the next destination.Read more of this story at Slashdot.
Elon Musk Founds a New Artificial Intelligence Company Named X.AI
The Verge reports:Elon Musk has created a new company dedicated to artificial intelligence — and it's called X.AI, as first reported by The Wall Street Journal. The company, which a Nevada filing indicates was incorporated last month, currently has Musk as its director and Jared Birchall, the director of Musk's family office, listed as its secretary. The filing, which The Verge has also obtained, indicates that Musk incorporated the business on March 9th, 2023. Rumors about Musk starting up an AI company have been floating around for days, with a report from Business Insider revealing that Musk had purchased thousands of graphic processing units (GPUs) to power an upcoming generative AI product. The Financial Times similarly reported that Musk planned to create an AI firm to compete with the Microsoft-backed OpenAI. Musk even reportedly sought funding from SpaceX and Tesla investors to get the company started. Thanks to Slashdot reader mikolhome for sharing the news.Read more of this story at Slashdot.
Tax-Filing Sites Ask to Blab Your Financial Info to 'Business Partners'
Online tax-filing services from TurboTax and H&R Block "want to blab your tax return secrets," warns the Washington Post. "Why? To help them make more money."If you prepare your taxes online with TurboTax or H&R Block software, at some point you'll see a message that I found confusing. "We can help you do more," TurboTax says. In this case, that "help" is funneling the private information from your tax return to Intuit — the company that owns TurboTax, Credit Karma and accounting software QuickBooks. H&R Block offers to "personalize your H&R Block experience." If you say yes, you're going to see email and other marketing from Intuit and H&R Block or its business partners that are tailored to what's in your tax return. That might include how much money you make, how much you owe in student loans, the size of your tax return and your charitable contributions. For example, a credit card company might pay Intuit's Credit Karma to show offers to high-income people. Intuit knows that information from your tax return. The Washington Post technology columnist Geoffrey A. Fowler wrote last year about how these two companies grab for your secret tax return information. He dubbed it "the Facebook-ization of personal finance." In a way, the tax prep companies are more aggressive than Facebook. What they're doing is mission creep. You might already be paying TurboTax and H&R Block to prepare or file your tax return. Now they also want your permission to pass along your secrets to make even more money off you.Read more of this story at Slashdot.
The Rise of DOOM Chronicled on Retro Site for 'Shareware Heroes' Book
SharewareHeroes.com recreates all the fonts and cursor you'd see after dialing up a local bulletin-board system in the early 1990s. It's to promote a new book — successfully crowdfunded by 970 backers — to chronicle "a critical yet long overlooked chapter in video game history: the rise and eventual fall of the shareware model. The book promises to explore "a hidden games publishing market" that for several years "had no powerful giants," with games instead distributed "across the nascent internet for anyone to enjoy (and, if they liked it enough, pay for)." And the site features a free excerpt from the chapter about DOOM:It seemed there was no stopping id Software. Commander Keen had given them their freedom, and Wolfenstein 3D's mega-success had earned them the financial cushion to do anything. But all they wanted was to beat the last game — to outdo both themselves and everyone else. And at the centre of that drive was a push for ever-better technology. By the time Wolfenstein 3D's commercial prequel Spear of Destiny hit retail shelves, John Carmack had already built a new engine. This one had texture-mapped floors and ceilings — not just walls. It supported diminished lighting, which meant things far away could recede into the shadows, disappearing into the distance. And it had variable-height rooms, allowing for elevated platforms where projectile-throwing enemies could hang out, and most exciting of all it allowed for non-orthogonal walls — which meant that rooms could be odd-shaped, with walls jutting out at any arbitrary angle from each other, rather than the traditional rectangular boxed design that had defined first-person-perspective games up until then. It ran at half the speed of Wolfenstein 3D's engine, but they were thinking about doing a 3D Keen game next — so that wouldn't matter. At least not until they saw it in action. Everyone but Tom Hall suddenly got excited about doing another shooter, which meant Carmack would have to optimise the hell out of his engine to restore that sense of speed. Briefly they considered a proposal from 20th Century Fox to do a licensed Aliens shooter, but they didn't like the idea of giving up their creative independence, so they considered how they could follow up Wolfenstein 3D with something new. Fighting aliens in space is old hat. This time it could be about fighting demons in space. This time it could be called DOOM. The book's title is Shareware Heroes: The Renegades Who Redefined Gaming at the Dawn of the Internet — here's a page listing the people interviewed, as well as the book's table of contents. And this chapter culminates with what happened when the first version of DOOM was finally released. "BBSs and FTP servers around America crashed under the immense load of hundreds of thousands of people clamouring to download the game on day one. "Worse for universities around the country, people were jumping straight into the multiplayer once they had the game — and they kept crashing the university networks..."Read more of this story at Slashdot.
What Happens When You Put 25 ChatGPT-Backed Agents Into an RPG Town?
"A group of researchers at Stanford University and Google have created a miniature RPG-style virtual world similar to The Sims," writes Ars Technica, "where 25 characters, controlled by ChatGPT and custom code, live out their lives independently with a high degree of realistic behavior.""Generative agents wake up, cook breakfast, and head to work; artists paint, while authors write; they form opinions, notice each other, and initiate conversations; they remember and reflect on days past as they plan the next day," write the researchers in their paper... To pull this off, the researchers relied heavily on a large language model for social interaction, specifically the ChatGPT API. In addition, they created an architecture that simulates minds with memories and experiences, then let the agents loose in the world to interact.... To study the group of AI agents, the researchers set up a virtual town called "Smallville," which includes houses, a cafe, a park, and a grocery store.... Interestingly, when the characters in the sandbox world encounter each other, they often speak to each other using natural language provided by ChatGPT. In this way, they exchange information and form memories about their daily lives. When the researchers combined these basic ingredients together and ran the simulation, interesting things began to happen. In the paper, the researchers list three emergent behaviors resulting from the simulation. None of these were pre-programmed but rather resulted from the interactions between the agents. These included "information diffusion" (agents telling each other information and having it spread socially among the town), "relationship memory" (memory of past interactions between agents and mentioning those earlier events later), and "coordination" (planning and attending a Valentine's Day party together with other agents).... "Starting with only a single user-specified notion that one agent wants to throw a Valentine's Day party," the researchers write, "the agents autonomously spread invitations to the party over the next two days, make new acquaintances, ask each other out on dates to the party, and coordinate to show up for the party together at the right time...." To get a look at Smallville, the researchers have posted an interactive demo online through a special website, but it's a "pre-computed replay of a simulation" described in the paper and not a real-time simulation. Still, it gives a good illustration of the richness of social interactions that can emerge from an apparently simple virtual world running in a computer sandbox. Interstingly, the researchers hired human evaluators to gauge how well the AI agents produced believable responses — and discovered they were more believable than when supplied their own responses. Thanks to long-time Slashdot reader Baron_Yam for sharing the article.Read more of this story at Slashdot.
Python Foundation Raises Concerns Over EU's Proposed Cybersecurity Rules
The Python Software Foundation is "concerned that proposed EU cybersecurity laws will leave open source organizations and individuals unfairly liable for distributing incorrect code," according to the Register. The PSF reviewed the EU's proposed "Cyber Resilience Act" and "Product Liability Act" and reports "issues that put the mission of our organization and the health of the open-source software community at risk." From the Register's report:"If the proposed law is enforced as currently written, the authors of open-source components might bear legal and financial responsibility for the way their components are applied in someone else's commercial product," the PSF said in a statement shared on Tuesday by executive director Deb Nicholson. "The existing language makes no differentiation between independent authors who have never been paid for the supply of software and corporate tech behemoths selling products in exchange for payments from end-users...." The PSF argues the EU lawmakers should provide clear exemptions for public software repositories that serve the public good and for organizations and developers hosting packages on public repositories. "We need it to be crystal clear who is on the hook for both the assurances and the accountability that software consumers deserve," the PSF concludes. The PSF is asking anyone who shares its concerns to convey that sentiment to an appropriate EU Member of Parliament by April 26, while amendments focused on protecting open source software are being considered. Bradley Kuhn, policy fellow at the Software Freedom Conservancy, told The Register that the free and open source (FOSS) community should think carefully about the scope of the exemptions being sought. "I'm worried that many in FOSS are falling into a trap that for-profit companies have been trying to lay for us on this issue," he said. "While it seems on the surface that a blanket exception for FOSS would be a good thing for FOSS, in fact, this an attempt for companies to get the FOSS community to help them skirt their ordinary product liability. For profit companies that deploy FOSS should have the same obligations for security and certainty for their users as proprietary software companies do." The article points out that numerous tech organizations are urging clarifications in the proposed regulations, including NLnet Labs and the Eclipse Foundation.Read more of this story at Slashdot.
New Leaked Documents on Discord Reveal More Chinese Spy Balloons
The Washington Post found a new tranche of "top-secret intelligence documents" on Discord, and based on them reported Friday that U.S. intelligence agencies were aware of at least two additional Chinese spy balloons. Based on the classified documents, the Post also reports that "questions lingered about the true capabilities of the one that flew over the continental United States in January and February."The Chinese spy balloon that flew over the United States this year, called Killeen-23 by U.S. intelligence agencies, carried a raft of sensors and antennas the U.S. government still had not identified more than a week after shooting it down, according to a document allegedly leaked to a Discord chatroom by Jack Teixeira, a member of the Massachusetts Air National Guard. Another balloon flew over a U.S. carrier strike group in a previously unreported incident, and a third crashed in the South China Sea, a second top-secret document stated, though it did not provide specific information for launch dates.... [Chinese spy balloon] Bulger-21 carried sophisticated surveillance equipment and circumnavigated the globe from December 2021 until May 2022, the NGA document states. Accardo-21 carried similar equipment as well as a "foil-lined gimbaled" sensor, it says.... Annotating what appear to be detailed photos of the balloon that flew over the United States, presumably taken from a U-2 spy plane, intelligence analysts assessed that it could generate enough power to operate "any" surveillance and reconnaissance technology, including a type of radar that can see at night and through clouds and thin materials [including tarps].... China's military has operated a vast surveillance balloon project for several years, partly out of Hainan province off China's south coast, U.S. officials have previously told The Post. But the NGA document is notable as much for what it doesn't say, reflecting the government's possible lack of insight, at least in mid-February, into the balloons' capabilities... The lack of detailed conclusions about the balloon's surveillance capabilities raises questions about the decision to let it fly over the United States before shooting it down, an action the Defense Department justified at the time as an opportunity to collect additional intelligence. The Post also reports that another leaked document (relying on intercepted communications) assessed that within the Chinese military the balloon surveillance program lacked "strong leadership" oversight.Read more of this story at Slashdot.
Why Is 'Juice Jacking' Suddenly Back In the News?
An anonymous reader shares a report from KrebsOnSecurity: KrebsOnSecurity received a nice bump in traffic this week thanks to tweets from the Federal Bureau of Investigation (FBI) and the Federal Communications Commission (FCC) about "juice jacking," a term first coined here in 2011 to describe a potential threat of data theft when one plugs their mobile device into a public charging kiosk. It remains unclear what may have prompted the alerts, but the good news is that there are some fairly basic things you can do to avoid having to worry about juice jacking. The term juice jacking crept into the collective paranoia of gadget geeks in the summer of 2011, thanks to the headline for a story here about researchers at the DEFCON hacker convention in Vegas who'd set up a mobile charging station designed to educate the unwary to the reality that many mobile devices were set up to connect to a computer and immediately sync data by default. Since then, Apple, Google and other mobile device makers have changed the way their hardware and software works so that their devices no longer automatically sync data when one plugs them into a computer with a USB charging cable. Instead, users are presented with a prompt asking if they wish to trust a connected computer before any data transfer can take place. On the other hand, the technology needed to conduct a sneaky juice jacking attack has become far more miniaturized, accessible and cheap. And there are now several products anyone can buy that are custom-built to enable juice jacking attacks. [...] How seriously should we take the recent FBI warning? An investigation by the myth-busting site Snopes suggests the FBI tweet was just a public service announcement based on a dated advisory. Snopes reached out to both the FBI and the FCC to request data about how widespread the threat of juice jacking is in 2023. "The FBI replied that its tweet was a 'standard PSA-type post' that stemmed from the FCC warning," Snopes reported. "An FCC spokesperson told Snopes that the commission wanted to make sure that their advisory on "juice-jacking," first issued in 2019 and later updated in 2021, was up-to-date so as to ensure 'the consumers have the most up-to-date information.' The official, who requested anonymity, added that they had not seen any rise in instances of consumer complaints about juice-jacking." The best way to protect yourself from juice jacking is by using your own gear to charge and transfer data from your device(s) to another. "Juice jacking isn't possible if a device is charged via a trusted AC adapter, battery backup device, or through a USB cable with only power wires and no data wires present," says security researcher Brian Krebs. "If you lack these things in a bind and still need to use a public charging kiosk or random computer, at least power your device off before plugging it in."Read more of this story at Slashdot.
Virginia Norwood, 'Mother' of Satellite Imaging Systems, Dies At 96
Virginia Norwood, an aerospace pioneer who invented the scanner that has been used to map and study the earth from space for more than 50 years, has died at her home in Topanga, Calif. She was 96. The New York Times reports: Her death was announced by the United States Geological Survey, whose Landsat satellite program relies on her invention. Her daughter, Naomi Norwood, said her mother was found dead in her bed on the morning of March 27. The Landsat satellites, speeding 438 miles above the surface, orbit the earth every 99 minutes and have captured a complete image of the planet every 16 days since 1972. These images have provided powerful visual evidence of climate change, deforestation and other shifts affecting the planet's well-being. Ms. Norwood, a physicist, was the person primarily responsible for designing and championing the scanner that made the program possible. NASA has called her "the mother of Landsat." At the dawn of the era of space exploration in the 1950s and '60s, she was working at Hughes Aircraft Company developing instruments. One of a small group of women in a male-dominated industry, she stood out more for her acumen. "She said, 'I was kind of known as the person who could solve impossible problems,'" Naomi Norwood told NASA for a video on its website. "So people would bring things to her, even pieces of other projects." [...] Over the next 50 years, new Landsat satellites replaced earlier ones. Ms. Norwood oversaw the development of Landsat 2, 3, 4 and 5. Currently, Landsat 8 and 9 are orbiting the earth, and NASA plans to launch Landsat 10 in 2030. Each generation satellite has added more imaging capabilities, but always based on Ms. Norwood's original concept. The Landsat program has mapped changes in the planet brought on by climate change and by human actions. They include the near disappearance of the Aral Sea between Kazakhstan and Uzbekistan, the shrinking of the Great Salt Lake in Utah, the evolving shape of the Mississippi Delta, and the deforestation and increasing agricultural use of land in Turkey and Brazil.Read more of this story at Slashdot.
Pentagon Official Floats a Theory For Unexplained Sightings: Alien Motherships
The official in charge of a secretive Pentagon effort to investigate unexplained aerial incursions has co-authored an academic paper that presents an out-of-this-world theory: Recent objects could actually be alien probes from a mothership sent to study Earth. Politico reports: In a draft paper dated March 7 (PDF), Sean Kirkpatrick, head of the Pentagon's All-domain Anomaly Resolution Office, and Harvard professor Avi Loeb teamed up to write that the objects, which appear to defy all physics, could be "probes" from an extraterrestrial "parent craft." It's unusual for government officials, especially those involved in the nascent effort to collect intelligence on recent sightings, to discuss the possibility of extraterrestrial life, although top agency officials don't rule it out when asked. After Loeb posted it online, the paper gained notoriety from a post on Military Times and has also circulated among science-focused news outlets. More than half of the five-page paper is devoted to discussing the possibility that the unexplained objects DoD is studying could be the "probes" in the mothership scenario, including most of the page-long introduction. One section is titled: "The Extraterrestrial Possibility" and another "Propulsion Methods." Kirkpatrick's involvement in the academic paper demonstrates that the Pentagon is open to scientific debate of the origins of UFOs, an important signal to send to the academic world, experts said. But they add that his decision to attach his name to a theory considered in most academic circles to be highly unsubstantiated also raises questions about AARO's credibility. The paper explains that interstellar objects such as the cigar-shaped "Oumuamua" that scientists spotted flying through the galaxy in 2017 "could potentially be a parent craft that releases many small probes during its close passage to Earth." The paper goes on to compare the probes to "dandelion seeds" that could be separated from the parent craft by the sun's gravitational force. It examines the physics of how the smaller craft could move through the Earth's atmosphere to reach the surface, where they could be spotted by humans. The paper notes that the "probes" could use starlight to "charge their batteries" and the Earth's water as fuel. It also speculates on the motive for aliens to send exploratory probes to Earth. "What would be the overarching purpose of the journey? In analogy with actual dandelion seeds, the probes could propagate the blueprint of their senders," the authors write. "As with biological seeds, the raw materials on the planet's surface could also be used by them as nutrients for self-replication or simply scientific exploration."Read more of this story at Slashdot.
'Overemployed' Hustlers Exploit ChatGPT To Take On Even More Full-Time Jobs
An anonymous reader quotes a report from Motherboard: About a year ago, Ben found out that one of his friends had quietly started to work multiple jobs at the same time. The idea had become popular during the COVID-19 pandemic, when working from home became normalized, making the scheme easier to pull off. A community of multi-job hustlers, in fact, had come together online, referring to themselves as the "overemployed." The idea excited Ben, who lives in Toronto and asked that Motherboard not use his real name, but he didn't think it was possible for someone like him to pull it off. He helps financial technology companies market new products; the job involves creating reports, storyboards, and presentations, all of which involve writing. There was "no way," he said, that he could have done his job two times over on his own. Then, last year, he started to hear more and more about ChatGPT, an artificial intelligence chatbot developed by the research lab OpenAI. Soon enough, he was trying to figure out how to use it to do his job faster and more efficiently, and what had been a time-consuming job became much easier. ("Not a little bit more easy," he said, "like, way easier.") That alone didn't make him unique in the marketing world. Everyone he knew was using ChatGPT at work, he said. But he started to wonder whether he could pull off a second job. Then, this year, he took the plunge, a decision he attributes to his new favorite online robot toy. "That's the only reason I got my job this year," Ben said of OpenAI's tool. "ChatGPT does like 80 percent of my job if I'm being honest." He even used it to generate cover letters to apply for jobs. Over the last few months, the exploding popularity of ChatGPT and similar products has led to growing concerns about AI's potential effects on the international job market -- specifically, the percentage of jobs that could be automated away, replaced by a well-oiled army of chatbots. But for a small cohort of fast-thinking and occasionally devious go-getters, AI technology has turned into an opportunity not to be feared but exploited, with their employers apparently none the wiser. The people Motherboard spoke with for this article requested anonymity to avoid losing their jobs. For clarity, Motherboard in some cases assigned people aliases in order to differentiate them, though we verified each of their identities. Some, like Ben, were drawn into the overemployed community as a result of ChatGPT. Others who were already working multiple jobs have used recent advancements in AI to turbocharge their situation, like one Ohio-based technology worker who upped his number of jobs from two to four after he started to integrate ChatGPT into his work process. "I think five would probably just be overkill," he said.Read more of this story at Slashdot.
Sega Nears Deal To Acquire 'Angry Birds' Maker Rovio For $1 Billion
According to the Wall Street Journal, Sega parent company Sega Sammy Holdings is nearing a deal to purchase "Angry Birds" maker Rovio for $1 billion. Polygon reports: Rovio is best known for Angry Birds, the physics puzzle game that launched on iOS in 2009. Rovio has delivered multiple sequels, spinoffs, and tie-ins with other brands, including Star Wars, Transformers, and the animated movie Rio. Sega and Rovio also teamed up in 2015 to bring Sonic the Hedgehog characters to Angry Birds Epic, a turn-based RPG. An animated series and two feature films were also released using Angry Birds characters. Angry Birds' global success hasn't translated to Rovio's other games, which include action-role-playing game Darkfire Heroes and colorful matching games Small Town Murders and Sugar Blast. Sega's current mobile game lineup includes a variety of Sonic the Hedgehog running games and retro games from the Sega Genesis era.Read more of this story at Slashdot.
India Says New IT Fact-Checking Unit Will Not Censor Journalism
A proposed Indian government unit to fact-check news on social media is not about censoring journalism nor will it have any impact on media reportage, a federal minister said on Friday. Reuters reports: Recently amended IT regulation requires online platforms like Meta's Facebook and Twitter to "make reasonable efforts" to not "publish, share or host" any information relating to the government that is "fake, false or misleading." Rajeev Chandrasekhar, India minister of state for IT, said in an online discussion it was "not true" that the government-appointed unit, which press freedom advocates strongly oppose, was aimed at "censoring journalism." The Editors Guild of India last week described the move as draconian and akin to censorship.Read more of this story at Slashdot.
China the Largest Buyer of Chipmaking Machines As Sales Hit An All-Time High
Global sales of semiconductor fab equipment grew by 5 percent during 2022 to hit an all-time high, with China the largest buyer despite a fall in its investment amid the standoff with the US over access to chips and other technology. The Register reports: The figures come from SEMI, the industry body for electronics manufacturing and supply chain, in a new Worldwide Semiconductor Equipment Market Statistics (WWSEMS) report. According to the report, sales of chipmaking kit hit $107.6 billion last year, up from $102.6 billion in 2021, as semiconductor companies invested to add more capacity, despite the downturn that took hold in the latter half of last year as inflation gripped many economies. "The record high for semiconductor manufacturing equipment sales in 2022 stems from the industry's drive to add the fab capacity required to support long-term growth and innovations in key end markets including high-performance computing and automotive," claimed SEMI president and CEO Ajit Manocha. These results also reflect a desire by chipmakers in multiple regions to avoid any repetition of the supply chain issues that surfaced during the pandemic, he added. Many companies cut investment then, in response to falling orders, leading to shortages when demand picked up again. China remained the largest market for semiconductor equipment despite seeing a 5 percent slowdown in investments compared with the previous year, according to SEMI. This drop is likely caused by US moves to curtail China's ability to make advanced chips, which has now extended beyond American companies such as Applied Materials to include others such as Dutch photolithography giant ASML, as Washington has browbeaten allied nations including the Netherlands and Japan to join its sanctions.Read more of this story at Slashdot.
Mass Layoffs and Absentee Bosses Create a Morale Crisis At Meta
An anonymous reader quotes a report from the New York Times: Mark Zuckerberg, Meta's chief executive, has declared that 2023 will be the "year of efficiency" at his company. So far, efficiency has translated into mass layoffs. He has conducted two rounds of cuts over the past six months, with two more to come; these will eliminate more than 21,000 people. Mr. Zuckerberg is also closing 5,000 open positions, which amounts to 30 percent of his company's work force. At the same time, some of Meta's top executives have moved away and are managing large parts of the Silicon Valley company from their new homes in places like London and Tel Aviv. The layoffs and absentee leadership, along with concerns that Mr. Zuckerberg is making a bad bet on the future, have devastated employee morale at Meta, according to nine current and former employees, as well as messages reviewed by The New York Times. Employees at Meta, which not long ago was one of the most desirable workplaces in Silicon Valley, face an increasingly precarious future. The company's stock price has dropped 43 percent from its peak 19 months ago. More layoffs, Mr. Zuckerberg has said on his Facebook page, are coming this month. Some of those cuts could be in engineering groups, which would have been unthinkable before the trouble started last year, two employees said. "So many of the employees feel like they're in limbo right now," said Erin Sumner, a global director of human resources at DeleteMe, who was laid off from Facebook in November. "They're saying it's 'Hunger Games' meets 'Lord of the Flies,' where everyone is trying to prove their worth to management." Meta, which owns Facebook, Instagram and WhatsApp, is not the only big tech company that has hit the brakes on spending. Amazon, Microsoft, Google, Salesforce and others have laid off thousands of workers in recent months, shed office space, dropped perks and pulled back from experimental initiatives. But Meta appears to face the most challenges. Last year, the company reported consecutive quarters of declining revenue -- a first since it became a public company in 2012.Read more of this story at Slashdot.
Google's 'Android for Cars' Platform Now Supports IoT Apps
Back in 2021, Samsung brought SmartThings to Android Auto. Google is now opening the door for more smart home/Internet of Things (IoT) apps on Android Auto and Automotive. 9to5Google reports: Android Auto today supports media and mapping/navigation apps. Google is now "enabling developers to bring [IoT] apps to cars." This might include controlling home security and doors from a touchscreen UI rather than having to rely on voice commands (assuming Google Assistant supports your home ecosystem). Google offers driving-optimized templates in the Android for Cars App Library, with testing via the Automotive OS emulator for Android Automotive OS and the DHU for Android Auto. Expect a consistent grid-based layout throughout apps. In fact, "drivers of cars using Android Auto can now download IOT apps developed with the Android for Cars App Library immediately from Google Play."Read more of this story at Slashdot.
Google Must Face Trial Over Sonos Patents, California Judge Says
Alphabet's Google received a mixed ruling on Thursday from a San Francisco federal judge in a patent lawsuit brought by Sonos over wireless audio technology, failing to invalidate all of the patents before a trial but narrowing Sonos' claims. Reuters reports: The case, set for trial May 8, is part of a contentious intellectual property dispute between the former business partners over their smart speakers that includes lawsuits in the United States, Canada, France, Germany and the Netherlands. Sonos won a limited import ban on some Google devices from the U.S. International Trade Commission (ITC) last year, while Google has sued Sonos for patent infringement at the ITC and in California. [...] Sonos accused Google in the San Francisco case of infringing four patents related to multi-room wireless speaker technology. U.S. District Judge William Alsup previously invalidated one of the patents and determined Google infringed another. Alsup found Thursday that a second Sonos patent was also invalid, but rejected Google's request to cancel the remaining two patents before trial. The judge also said Google did not infringe one of the surviving patents willfully, reducing Sonos' potential damages. Alsup also said he would hold a separate bench trial after the jury trial to determine whether Google's redesigned speakers infringe Sonos' patents.Read more of this story at Slashdot.
Parler Shuts Down As New Owner Says Conservative Platform Needs Big Revamp
An anonymous reader quotes a report from Ars Technica: Parler, the self-described "uncancelable free speech platform," has been sold and shut down while its new owner conducts a "strategic assessment." The platform will be back eventually, new owner Starboard says. The Parler website is now a simple page containing only today's press release announcing the acquisition, which was completed without financial terms being disclosed. "No reasonable person believes that a Twitter clone just for conservatives is a viable business any more," the acquisition announcement said, promising a revamp. "While the Parler app as it is currently constituted will be pulled down from operation to undergo a strategic assessment, we at Starboard see tremendous opportunities across multiple sectors to continue to serve marginalized or even outright censored communities -- even extending beyond domestic politics," the press release said. No timing for a return was mentioned. In an interview with The Wall Street Journal, Starboard founder and CEO Ryan Coyne said that Parler is "going to take a breath of fresh air." Ars notes that Starboard was formerly called Olympic Media and owns conservative news sites American Wire News and BizPac Review. The previous owner, Parlement Technologies, tried to strike a deal to sell to Ye (formerly Kanye West) in mid-October but canceled the deal after Ye praised Hitler and Nazis. The company laid off a majority of its staff earlier this year.Read more of this story at Slashdot.
Nvidia's Top AI Chips Are Selling for More Than $40,000 on eBay
Nvidia's most-advanced graphics cards are selling for more than $40,000 on eBay, as demand soars for chips needed to train and deploy artificial intelligence software. From a report: The prices for Nvidia's H100 processors were noted by 3D gaming pioneer and former Meta consulting technology chief John Carmack on Twitter. On Friday, at least eight H100s were listed on eBay at prices ranging from $39,995 to just under $46,000. Some retailers have offered it in the past for around $36,000. The H100, announced last year, is Nvidia's latest flagship AI chip, succeeding the A100, a roughly $10,000 chip that's been called the "workhorse" for AI applications. Developers are using the H100 to build so-called large language models (LLMs), which are at the heart of AI applications like OpenAI's ChatGPT. Running those systems is expensive and requires powerful computers to churn through terabytes of data for days or weeks at a time. They also rely on hefty computing power so the AI model can generate text, images or predictions. Training AI models, especially large ones like GPT, requires hundreds of high-end Nvidia GPUs working together.Read more of this story at Slashdot.
Biggest Linux Company of Them All Still Pushing To Become Cloud Power
An anonymous reader shares a report: For Red Hat, which turned 30 on March 27, it was a cause for celebration. From a business that got started in one of its co-founder's wife's sewing room, it became the first billion-dollar pure-play open-source company and then the engine driving IBM. It has been a long strange trip. Sure, today, the tech world is dominated by Linux and open source software, but in 1993, Linux was merely an obscure operating system known only to enthusiasts. Red Hat played a significant role in transforming the "just a hobby" operating system into today's major IT powerhouse. Red Hat co-founder Bob Young, who previously ran a rental typewriter business, was one of those who became intrigued by Linux. In 1993, he established ACC Corporation, a catalog company that distributed Slackware Linux CDs and open-source software. [...] In 2003, Paul Cormier, then Red Hat's vice president of engineering and now the company's chairman, spearheaded the shift from the inexpensive prosumer Red Hat Linux distribution to the full business-oriented Red Hat Enterprise Linux (RHEL). At the time, many Linux users hated the idea. Even inside Red Hat, Cormier said that many engineers were initially opposed to the new business model, causing some to leave the company while others stayed. The change also upset many users who felt Red Hat was abandoning its original customers. However, enterprise clients had a different perspective. Whitehurst, who became Red Hat CEO in 2008, said, "Once RHEL was in the market, we had to fully support it to make it truly consumable for the enterprise." They succeeded, and Red Hat continued to grow. This is the model that turned Red Hat into the first billion-dollar-a-quarter pure open-source company. Impressive for a business built around an operating system once considered suitable only for the "lunatic fringe." Then, in 2018, IBM acquired Red Hat for a cool $34 billion. There was nothing crazy about that move. [...] Another change that was already present in Red Hat, a shift towards supporting the cloud, has accelerated. Today, while RHEL remains the heart of the business, the Linux-powered cloud has become increasingly important. In particular, Red Hat OpenShift, its Kubernetes-powered hybrid cloud application platform, is more important than ever. Where does Red Hat go from here? When I last talked to Cormier and Red Hat's latest CEO, Matt Hicks, they told me that they'd keep moving forward with the hybrid cloud. After all, as Cormier pointed out, "the cloud wouldn't be here" without Linux and open source. As for Red Hat's relationship with IBM, Cormier said, "The red lines were red, and the blue lines were blue, and that will stay the same."Read more of this story at Slashdot.
LG and Samsung Are Getting Serious About Their OLED Panel Deal Again
It's been a rollercoaster ride for Korean tech conglomerates LG and Samsung. In 2021, it was reported that they were about to reach a major business deal regarding OLED panels, but in 2022 it seemed like the talks fell through. Now, in 2023, the talks may have resumed. From a report: The Elec reports that Samsung Electronics and LG Display have resumed discussions on a deal that would see LG supplying more than 200,000 white OLED (WOLED) panels to Samsung for a new line of Samsung-branded TVs that could launch as soon as 2024. That number would potentially be just the start of a longer partnership. When news of the negotiations first broke a couple of years ago, it was reported that the conversation was started at the behest of the South Korean government in response to an international situation wherein LCD panel-producing Chinese companies like BOE were driving up the cost of LCD panels, threatening Samsung's TV dominance. At that time, Samsung was all in on LCD technology in its TVs, competing with LG's increasing focus on OLED. Because of those market changes, and because OLED, in general, has achieved a bigger portion of consumers' display spending compared to LCD, Samsung needs to further diversify with OLED to ensure its future success -- at least until Micro LED becomes an affordable OLED alternative.Read more of this story at Slashdot.
Montana Close To Becoming 1st State To Completely Ban TikTok
rmdingler writes: Montana lawmakers have moved one step closer to passing a bill to ban TikTok from operating in the state, a move that's bound to face legal challenges but also serve as a testing ground for the TikTok-free America that many national lawmakers have envisioned. Montana's proposal, which has backing from the state's GOP-controlled legislature, is more sweeping than bans in place in nearly half the states and the U.S. federal government that prohibit TikTok on government devices. The House endorsed the bill 60-39 on Thursday. A final House vote will likely take place Friday before the bill goes to Republican Gov. Greg Gianforte. He has banned TikTok on government devices in Montana. The Senate passed the bill 30-20 in March. TikTok, which is owned by the Chinese tech company ByteDance, has been under intense scrutiny over concerns it could hand over user data to the Chinese government or push pro-Beijing propaganda and misinformation on the platform. Leaders at the FBI, CIA and numerous lawmakers of both parties have raised those concerns but haven't presented any evidence to prove it has happened. Supporters of a ban point to two Chinese laws that compel companies in the country to cooperate with the government on state intelligence work. They also point out other troubling episodes, such as a disclosure by ByteDance in December that it fired four employees who accessed the IP addresses and other data of two journalists while attempting to uncover the source of a leaked report about the company.Read more of this story at Slashdot.
28 State AGs Urge Congress To Pass Stalled 'Right To Repair' Bills
The "right to repair" movement has made considerable inroads over the past five years, partially due to support from the Biden FTC. State-level legislation aimed at dismantling repair monopolies has made progress, despite industry lobbying efforts to weaken the proposals (e.g., Kathy Hochul in New York State). Federal legislation, however, faces challenges in a troubled Congress. In response, a bipartisan group of 28 state attorneys general has penned a letter to key congressional committee leaders, urging them to advance stalled right to repair bills. From the letter: "The Right-to-Repair is a bipartisan issue that impacts every consumer, household, and farm in a time of increasing inflation. It is about ensuring that consumers have choices as to who, where, when and at what cost their vehicles can be repaired. It is about ensuring that farmers can repair their tractors for a reasonable price and quickly enough to harvest their crops."Read more of this story at Slashdot.
'Valve Restricts Accounts of 2500 Users Who Marked a Negative Game Review Useful'
New submitter jth1234567 reports: In late January, a Steam user posted a negative review for the game Warlander, warning potential buyers about the shady anti-cheat system the game was using, the apparent problems being intrusive data collection and difficult removal after the game itself had been uninstalled (the review text is no longer available). This review stayed on top as the most helpful review for nearly three months, which must have been a big thorn in the side for the developer and the publisher. Until yesterday, when they managed to get a Steam moderator to remove the negative review. In a perfect, consumer-friendly world it should have been another way around, and the game's sales page removed until the claims were investigated by Valve, but this is not a perfect world. However, things didn't end there. Apparently the Steam moderator categorized the negative review as "attempting to scam users or other violations of Steam's Rules & Guidelines", which meant that all those 2439 people (plus people who have it 437 awards) got their accounts restricted for 30 days, during this time none of them can up- or downvote any Steam reviews at all. Support tickets from affected users to Steam Support have received a default response saying Support will not help nor adjust the length of vote bans. The Steam review system was never perfect, but the impact of this kind of behavior from Valve will render the whole system completely pointless, as negative reviews can be culled by the developers/publishers at any time, and people will just stop marking any negative review as useful to avoid these kinds of repercussions.Read more of this story at Slashdot.
Can Intel Become the Chip Champion the US Needs?
Once the leading player in the semiconductor industry, the company is attempting to pull off one of tech's most complex turnrounds. From a report: It was nearly a decade ago when Intel, then the undisputed leader in global semiconductor manufacturing, made a fateful decision. A new technology, extreme lithography, was offering a way to pack more computing power on to the silicon wafers from which tiny chips, essential for widely used products like smartphones and PCs, are cut. Using light to etch complicated integrated circuits, EUV promised an unparalleled degree of miniaturisation, but Intel executives believed it would take years for the method to become practical. Instead, they stuck with older manufacturing techniques for their next generation of chips. This turned out to be a historic mistake, one with consequences that are being felt at a time when the US has put advanced chipmaking at the centre of its national industrial policy. Taiwan Semiconductor Manufacturing Company, which adopted EUV in 2019, has leapfrogged Intel to become the world's most advanced chip manufacturer, closely followed by Samsung. Along with other slips, the judgment call has left Intel -- and the US -- scrambling to catch up. "Hindsight is 20/20," says Ann Kelleher, head of technology development at Intel and the executive charged with restoring the US chipmaker's manufacturing processes. "It's very easy to look back and say, 'If something different was done...'" Intel is today at another crucial juncture. If, as planned, the company finally produces chips made with EUV in large volume later this year, it will be an important step on the road back. Nowhere will progress be watched more anxiously than in Washington, where the Biden administration is facing an imminent decision about how much financial backing to throw behind the company. Last year's US Chips Act committed $52bn in direct subsidies to support semiconductor manufacturing and boost research and development, along with an estimated $24bn worth of tax credits over the next eight years. The law was designed to reverse a slide that has taken the US share of chip production to 12 per cent, from 37 per cent in 1990. The centrepiece of that plan is to bring leading-edge manufacturing back to the US. For better or worse, that leaves Washington with little choice but to bet heavily on Intel, despite it being the laggard in one of the tech world's most important races. Yet falling behind in advanced chip production is not the only problem hanging over Intel. Big shifts in its customers' needs -- such as the rise of artificial intelligence -- are threatening to sideline its traditional PC and server chips. Its attempt to go into direct competition with TSMC by becoming a so-called chip foundry, manufacturing chips on behalf of other companies, represents the biggest change to its business since it abandoned its original memory chips for processors nearly 40 years ago. To make things even harder, a yawning financial hole has opened up under the company at just the moment it is trying to make up for years of under-investment with a surge in capital spending. The depth of the reversal, which the company says is caused by a temporary inventory correction, shocked Wall Street in January, when Intel warned its revenue would tumble 40 per cent in the first three months of this year. The setbacks mean that a central piece of US industrial policy is now riding on one of the most difficult and complex tech turnrounds ever attempted. As the US Department of Commerce begins to weigh how to distribute the Chips Act subsidies, deciding how fiercely to back Intel will be a central question.:Read more of this story at Slashdot.
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