looorg writes:https://www.bleepingcomputer.com/news/security/nokia-investigates-breach-after-hacker-claims-to-steal-source-code/(Stolen) Nokia Sourcecode for sale.
turgid writes:The Register reports that Reaction Engines has gone out of business.Reaction Engines was the company of Alan Bond, of HOTOL (1980s space plane) fame, which he founded to develop new air-breathing rocket engine technology. Their flagship project was the Skylon Single Stage to Orbit space plane, which would use Synergistic Air-Breathing Ram-jet Engines (SABRE) to capture oxygen from the atmosphere, cool and compress it and burn it with on-board liquid hydrogen up to about Mach 5. Then, at speed and altitude, the spacecraft would switch to on-board oxygen stores. In this way, more mass fraction could be dedicated to payload, making SSTO economically feasible.Also, based on similar technology was LAPCAT, a hypersonic airliner.Yet another great British Engineering vision finds its way onto the scrapheap for lack of vision among investors. Still, we export a lot of cheese.Original SubmissionRead more of this story at SoylentNews.
Frosty Piss writes:Nvidia will replace Intel on the Dow Jones Industrial Average, indicating the massive impact of the AI boom on the semiconductor and tech industries and the entire market. According to CNBC, this change will happen on November 8, about three months after news of Intel's financial woes broke out.The move was sparked by Intel's massive stock price drop-over 30% overnight-following the disastrous financial results released last August. The company has been bleeding cash through its data center and foundry divisions, resulting in a $1.6 billion loss for the second quarter of 2024. This was soon followed by news of massive layoffs, with over 15,000 employees affected.Nvidia shares, on the other hand, have climbed over 170% so far in 2024 after jumping roughly 240% last year, as investors have rushed to get a piece of the AI chipmaker. Nvidia's market cap has swelled to $3.3 trillion, second only to Apple among publicly traded companies.Related: Intel Losses Hit $16.6B As Restructuring Efforts Take A TollOriginal SubmissionRead more of this story at SoylentNews.
fliptop writes:Citing various market and macroeconomic headwinds, Electric vehicle startup Fisker Group, a luxury sports car maker, filed Chapter 11 bankruptcy and shut down all operations to restructure its business and seek funding from investors:
NotSanguine writes:ProPublica is reporting on a number of ad networks posting fake/deceptive/scam ads on Meta properties.Reporting highlights from TFA:
Frosty Piss writes:It's been a month and a half since Darl McBride kicked the bucket (who?), and nary a mention in the press. But then, perhaps most Linux followers today where not alive or old enough to have experienced Mr. McBride's assault on Linux that could have very well ended it's life as Open Source. Of course I'm talking about way back in the Stone Age when SCO sued IBM, Red Hat, Novell, and others for ownership of the Linux kernel. Those of us who were around followed the now defuncted Groklaw for the latest dirt on this legal entanglement that is now for the most part forgotten.From the wikipedia link:
looorg writes:https://novayagazeta.eu/articles/2024/10/29/russian-court-orders-google-to-pay-blocked-russian-channels-sum-with-36-zeros-en-newsA Russia court claims that Google currently owes them 2000000 0000000000 0000000000 0000000000, or 2 undecillion if you will -- a number with 36 trailing zeros, rubles.This is due to a fine of 100 000 rubles per day exponentially growing since sometimes in 2021 due to Google blocking various Russian sites from Youtube.The slight problem is that the fine is now so large that it is many, many, times the entire worlds combined GDP. I don't think they should expect to get paid anytime soon.Original SubmissionRead more of this story at SoylentNews.
Over the coming days and weeks we will be switching servers from Linode to our own hardware. The first switch will take place tomorrow. This will also require some DNS changes but you just keep using the same URLs that you are using today. Other than that services should look and behave exactly as they do now. There may well be minor disruptions to connections and we ask you to please bear with us if they occur. There will be pauses of a day or more in between each service being switched over, while we continue to monitor that everything is working as expected.Moving the data from a live server to a new server means that there will be a finite time between making a backup and installing it on the new server. The site will indicate that maintenance is being carried out. That implies that posts made during this interval will be lost. The process will begin around 1600 UTC on Monday 28 October. We will attempt to make the switch over as quickly as possible and there should always be a live server online. If you lose access to the site completely remember that you can still contact us via email ('nickname' [@] soylentnews.org), on IRC, or by shouting VERY loudly.If your comment is lost please do not believe those in the community who will no doubt claim that comments are being intentionally deleted. They are not (unless you are one of our small number of persistent spammers).Once each switch is completed I would hope that we can inform you immediately. However, that might not always be possible - everyone has to sleep sometime! Please make any observations regarding problems, or even compliments if the system is responding better than before, in the comments for this Meta. However, our testing so far indicates that the new servers are more responsive than the existing servers but of course they have not yet been placed under quite the same load.UPDATE: You should all be accessing the new server. Please let us know if you experience any problems. A big thank-you to kolie!.Read more of this story at SoylentNews.