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Starlink challenger drops the codename, but full-blown service still years out

Amazon has rebranded its satellite broadband plan from Project Kuiper to Amazon Leo. And no, Leo doesn't stand for "Late Entrants Only," even though the project is years behind Starlink and still not ready for anyone to use.…

TV manufacturers are abandoning their attempts to turn TVs into interactive social devices through smart cameras. Sky announced this month that it will discontinue Sky Live, a camera accessory for its Sky Glass televisions that brought video calls, body-tracked workouts, and motion games to the living room. The device will stop working at the beginning of December. Sky will brick the cameras and reimburse customers. Sky launched the product in mid-2023 as part of an effort to transform televisions from passive viewing devices into interactive platforms. That vision has not materialized across the industry. LG's Smart Cam, released in 2023, is out of stock at major retailers and appears discontinued. TCL's smart TV camera is no longer available. Samsung stopped integrating cameras directly into its television sets, though it still sells an external camera accessory.

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Crooks spoof US insurers, threaten bogus extradition to pry loose personal data and cash

Chinese speakers in the US are being targeted as part of an aggressive health insurance scam campaign, the FBI warns.…

Cryptocurrency companies and fintech startups are applying to open banks in the United States. Ripple, Coinbase and the UK payments company Wise have submitted applications for national trust charters this year. Trust banks cannot take deposits or make loans but charge fees for safekeeping customer assets and are not FDIC insured. The applications have reached 12 so far this year, more than any of the preceding eight years, according to data compiled by Klaros Group. Comptroller of the Currency Jonathan Gould said last month that cryptocurrency activity should be done within the banking system if legally permissible and safe. His agency regulates nationally-chartered U.S. banks. The Bank Policy Institute and the Independent Community Bankers of America oppose the applications. BPI sent letters urging the Office of the Comptroller of the Currency to reject the Ripple, Wise, and Sony applications. The group said approving Coinbase could significantly increase risks to the U.S. financial system.

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VDURA boss: Your x86 clusters are obsolete, metadata is eating 20% of I/O, and every idle GPU second burns cash

The supercomputing landscape is fracturing. What once was a relatively unified world of massive multi-processor x86 systems has splintered into competing architectures, each racing to serve radically different masters: traditional academic workloads, extreme-scale physics simulations, and the voracious appetite of AI training runs.…

An anonymous reader shares a report: In October, PUBG and Subnautica 2 publisher Krafton announced that it would be undergoing a "complete reorganization" to become an "AI-first" company, planning to invest over 130 billion won ($88 million) in agentic AI infrastructure and deployment beginning in 2026. This week, as it boasts record-breaking quarterly profits, the Korean publisher has followed that strategic shift by launching a voluntary resignation program for its domestic employees, according to Business Korea reporting. The program, announced internally, offers substantial buyouts for domestic Krafton employees based on their length of employment at the publisher. Severance packages range from 6 months' salary for employees with one year or less of service to 36 months' salary for employees who've worked at Krafton for over 11 years. The voluntary resignation program follows a November 4 earnings call in which Krafton announced a record quarterly profit of $717 million. During the call, Krafton CFO Bae Dong-geun indicated that Krafton had also halted hiring for new positions, telling investors that "excluding organizations developing original intellectual property and AI-related personnel, we have frozen hiring company-wide."

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Advisory updated as leading cybercrime crew opens up its target pool

The US Cybersecurity and Infrastructure Security Agency (CISA) has issued new guidance to organizations on the Akira ransomware operation, which poses an imminent threat to critical sectors.…

Company behind THESPECTRUM brings the holiday season early for retro computing fans

Retro Games Ltd (RGL), the company behind THESPECTRUM and THEA500 Mini, has started accepting pre-orders for its full-size Amiga 1200 replica, THEA1200.…

One of the most common viruses in the world could be the cause of lupus, an autoimmune disease with wide-ranging symptoms, according to a new study. From a report: Until now, lupus was somewhat mysterious: No single root cause of the disease had been found, and while there is no cure, there are medications that can treat it. The research, published in the journal Science Translational Medicine, suggests that Epstein-Barr virus -- which 95% of people acquire at some point in life -- could cause lupus by driving the body to attack its own healthy cells. It adds to mounting evidence that Epstein-Barr is associated with multiple long-term health issues, including other autoimmune conditions. As this evidence stacks up, scientists have accelerated calls for a vaccine that targets the virus. "If we now better understand how this fastidious virus is responsible for autoimmune diseases, I think it's time to figure out how to prevent it," said Dr. Anca Askanase, clinical director of the Lupus Center at Columbia University, who wasn't involved in the new research.

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Original spacecraft deemed unsafe after cracks spotted in window

The Shenzhou-20 astronauts have returned to Earth on the Shenzhou-21 spacecraft after engineers deemed the Shenzhou-20 vehicle unsafe following a debris strike while it was docked to the Tiangong space station.…

Linux-powered PC, Arm VR headset, and refreshed controller all land on pre-order for next year

The holiday season is almost upon us, but the new gear on gamers' wish lists won't arrive until next year.…

Brussels reviewing proposal as Mountain View insists it will appeal antitrust ruling

Google has proposed a plan to the European Commission aimed at addressing antitrust concerns following a €2.95 billion fine imposed on the company for its online advertising practices.…

Abstract of a working paper [PDF] published by NBER: This paper examines the impact of the UK's decision to leave the European Union (Brexit) in 2016. Using almost a decade of data since the referendum, we combine simulations based on macro data with estimates derived from micro data collected through our Decision Maker Panel survey. These estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%, with the impact accumulating gradually over time. We estimate that investment was reduced by between 12% and 18%, employment by 3% to 4% and productivity by 3% to 4%. These large negative impacts reflect a combination of elevated uncertainty, reduced demand, diverted management time, and increased misallocation of resources from a protracted Brexit process. Comparing these with contemporary forecasts -- providing a rare macro example to complement the burgeoning micro-literature of social science predictions -- shows that these forecasts were accurate over a 5-year horizon, but they underestimated the impact over a decade.

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AI, cybersecurity, and geopolitical jitters forecast to push market to $1.4T next year

IT spending in Europe will grow 11 percent next year to hit $1.4 trillion amid a desire for cloud sovereignty, according to Gartner.…

Exploring the evolving relationship between human engineers and their algorithmic assistants

Feature Artificial intelligence is rapidly reshaping the way software gets built, tested, and maintained — but not in the simplistic, headline-grabbing sense of "AI replacing developers."…

An anonymous reader quotes a report from Reuters: Singapore's central bank will hold trials to issue tokenized MAS bills next year and bring in laws to regulate stablecoins as it presses forward with plans to build a scalable and secure tokenised financial ecosystem, the bank's top official said on Thursday. "Tokenization has lifted off the ground. But have asset-backed tokens achieved escape velocity? Not yet," said Chia Der Jiun, Managing Director of the Monetary Authority of Singapore (MAS), a keynote address at the Singapore FinTech Festival. He said MAS has been working on the details of its stablecoin regulatory regime and will prepare draft legislation, with the emphasis on "sound reserve backing and redemption reliability." MAS is also supporting trials under the BLOOM initiative, which explores the use of tokenized bank liabilities and regulated stablecoins for settlement, he added. "In the CBDC space, I am pleased to announce that the three Singapore banks, DBS, OCBC, and UOB, have successfully conducted interbank overnight lending transactions using the first live trial issuance of Singapore dollar wholesale CBDC," he said. MAS will expand trials to include tokenized MAS bills settled with CBDC, he added.

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Public Accounts Committee tears into department responsible for the most dangerous breach in British history

The UK Parliament's Public Accounts Committee (PAC) says the Ministry of Defence (MoD) has failed to appropriately improve its data protection mechanisms, three years after the infamous 2022 Afghan data breach.…

Why Musk won't ever realize the shareholder-approved Tesla payout

Opinion At Tesla's annual shareholder meeting in Austin, Texas, more than 75 percent of voting shares backed a compensation deal for CEO Elon Musk that would make him history's first trillionaire.…

Windows giant disagrees and plans to appeal

Microsoft's attempt to claim that its software can't be resold has hit a wall at the UK Competition Appeal Tribunal, which decided that Office having clipart does not mean customers can't sell their licenses on.…

Watchdog says program buckled under procurement failures and technical complexity

The UK's state-owned savings bank has blown past its budget by £1.3 billion on a digital transformation program beset by delays, according to the National Audit Office.…