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Governments and businesses respond to Trump pressures by upping spending in domestically controlled infrastructure

US tariffs may be squeezing Europe's trade balance, but they are also pushing governments and businesses to spend big on keeping tech closer to home.…

Adobe has emailed users of Adobe Animate to let them know the popular animation and game development program will be discontinued on March 1, an abrupt decision that has angered animators and game developers who say the tool remains an industry standard in television and game production. Animate, the successor to the once-popular Flash, is widely used for graphic creation, animation and building games in HTML5. The company has not offered a reason for the shutdown. On BlueSky, artist and animator Julia Glassman wrote that many television productions, games, and animated media still rely on Animate and Flash pipelines and cannot simply pivot to entirely new software.

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An anonymous reader shares a report: By now, the Forbes 30 Under 30 list has become more than a little notorious for the amount of entrants who go on to be charged with fraud.[...] Gokce Guven, a 26-year-old Turkish national and the founder and CEO of fintech startup Kalder, was charged last week with alleged securities fraud, wire fraud, visa fraud, and aggravated identity theft. The New York-based fintech startup -- which uses the "Turn Your Rewards into [a] Revenue Engine" tagline -- says it can help companies create and monetize individual rewards programs. The company was founded in 2022, and offers participating firms the opportunity to earn ongoing revenue streams via partner affiliate sales, Axios previously reported. Guven was featured in last year's Forbes 30 Under 30 list. The magazine notes in the writeup that Guven's clients included major chocolatier Godiva and the International Air Transport Association, the trade organization that represents a majority of the world's airlines. Kalder also claims to have enjoyed the backing of a number of prominent VC firms. The U.S. Department of Justice alleges that, during Kalder's seed round in April of 2024, Guven managed to raise $7 million from more than a dozen investors after presenting a pitch deck that was rife with false information. According to the government, Kalder's pitch deck claimed that there were 26 brands "using Kalder" and another 53 brands in "live freemium." However, officials say that, in reality, Kalder had, in many cases, only been offering heavily discounted pilot programs to many of those companies. Other brands "had no agreement with Kalder whatsoever -- not even for free services," officials said in a press release announcing the indictment. The pitch deck also "falsely reported that Kalder's recurring revenue had steadily grown month over month since February 2023 and that by March 2024, Kalder had reached $1.2 million in annual recurring revenue." The government also accuses Guven of having kept two separate sets of financial books.

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Multimillion-dollar tenure could have bought a couple of crates of toner

Longtime HP CEO Enrique Lores is decamping for a top job at PayPal, handing the reins to an interim chief while the business hunts for a permanent successor.…

Algorithmic bias probe continues, CEO and former boss summoned to defend the platform's corner

French police raided Elon Musk's X offices in Paris this morning as part of a criminal investigation into alleged algorithmic manipulation by foreign powers.…

Azure Storage now requires version 1.2 or newer for encrypted connections

Today is the day Azure Storage stops supporting versions 1.0 and 1.1 of Transport Layer Security (TLS). TLS 1.2 is the new minimum.…

DDoSer of 'strategically important' websites admitted to most charges

Polish authorities have cuffed a 20-year-old man on suspicion of carrying out DDoS attacks.…

South Yorkshire becomes ground zero for nationwide experiment with £500K seed funding

AI-pocalypse Barnsley, a town in South Yorkshire, England, best known for coal mining and glassmaking, is being thrust into the limelight as the country's first "Tech Town" – shoehorning AI into everything from local businesses to public services.…

The original Switch is officially Nintendo's best-selling console of all time after surpassing the DS handheld in lifetime sales. From a report: In its latest earnings release, Nintendo reports that the Nintendo Switch has, as of December 31, 2025, sold 155.37 million units since its launch in 2017, compared to 154.02 million units for the 2004 Nintendo DS. In November, Nintendo reported that the Switch and DS were neck and neck. We expected the holiday sales period would see the Switch surpass the DS, even with Nintendo announcing that primary development would focus on the Switch 2. Nintendo previously said that it would continue to sell the original Switch "while taking consumer demand and the business environment into consideration." Nintendo has to keep selling the Switch if it wants to dethrone Sony's PlayStation 2 as the best-selling video game console of all time. The PlayStation 2, discontinued in January 2013, sold more than 160 million units over its 13-year lifespan.

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Users can disable every generative feature in one click – not everyone wants a chatbot bolted to their tabs

Mozilla has decided that if AI is going to live in your browser, you should at least be able to kill it when it gets annoying.…

This is starting to sound oddly familiar

NASA has concluded a Wet Dress Rehearsal (WDR) for Artemis II, but recurring liquid hydrogen leaks forced the test to be halted short of completion, prompting the agency to delay the mission's launch to at least March 2026.…

Your own personal Jarvis. A bot to hear your prayers. A bot that cares. Just not about keeping you safe

OpenClaw, the AI-powered personal assistant users interact with via messaging apps and sometimes entrust with their credentials to various online services, has prompted a wave of malware and is delivering some shocking bills.…

Armed Forces Bill would let troops take action against unmanned threats around defense sites

Britain's defense personnel will be given the authority to neutralize drones threatening military bases under measures being introduced in the Armed Forces Bill, currently making its way through Parliament.…

sinij writes: Automakers have increasingly implemented door handles that retract into the bodywork for aerodynamic reasons, but they are now off limits in China. My issue is with electronic-only door latch mechanism. It should be possible to open the door from both inside and outside the car in case of complete power loss.

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Blames ‘unintended or nonstandard usage’ and the cost of keeping them alive

Microsoft has slipped out news that it’s killing some standalone SharePoint and OneDrive plans.…

Main stock exchange targets shares, government agency looks for crypto crooks

South Korea’s government and main stock exchange have developed and deployed AI-powered tools to detect schemes that aim to send the price of cryptocurrencies and shares soaring so that unscrupulous investors can cash in.…

Elon Musk's SpaceX has acquired his AI startup xAI in an all-stock deal that values the combined entity at $1.25 trillion, ahead of what would be the largest initial public offering in history. SpaceX pegged its own valuation at $1 trillion -- a markup from the $800 billion it commanded in a December secondary stock sale -- and priced xAI at $250 billion based on a recent $20 billion funding round that valued the two-year-old AI company at $230 billion. SpaceX CFO Bret Johnsen told investors on a call Monday that shares in the combined company would be priced at $527 and that xAI shares would convert into SpaceX stock at a roughly seven-to-one exchange rate. The company is still targeting a June IPO expected to raise as much as $50 billion, surpassing Saudi Aramco's $29 billion listing in 2019. Musk said the least expensive way to do AI computation within two to three years will be in space. "Global electricity demand for AI simply cannot be met with terrestrial solutions, even in the near term, without imposing hardship on communities and the environment," he wrote. SpaceX filed last Friday for permission to launch up to a million satellites into Earth's orbit. xAI merged with Musk's social media platform X last March in a $113 billion deal, and Tesla announced a $2 billion investment in xAI last week.

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Scientists at the University of Utah have analyzed nearly a century's worth of human hair samples and found that lead concentrations dropped 100-fold after the EPA began cracking down on leaded gasoline and other lead-based products in the 1970s. The findings, published in the Proceedings of the National Academy of Sciences, drew on hair collected from Utah residents -- some preserved in family scrapbooks going back generations. Lead levels peaked between 1916 and 1969 at around 100 parts per million, fell to 10 ppm by 1990, and dropped below 1 ppm by 2024. The decline largely tracks the phase-out of leaded gasoline after President Nixon established the EPA in 1970; before the agency acted, most gasolines contained about 2 grams of lead per gallon, releasing nearly 2 pounds of lead per person into the environment each year. The study arrives amid the Trump administration's broader push to scale back the EPA. Lead regulations have not yet been targeted, but the authors note concerns about loosened enforcement of the 2024 Lead and Copper rule on replacing old lead pipes.

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Burning Man woo woo values rocket factory at $250 billion

Elon Musk on Monday revealed his space company SpaceX has acquired his AI outfit xAI, and that the two will work together to escape the surly bonds of Earthly powers by tapping the sun's enduring glow.…

The owners of Leica Camera AG -- Austrian billionaire Andreas Kaufmann and private equity giant Blackstone -- are considering a sale of a controlling stake in the German camera maker in a deal that could value the company at about $1.2 billion, Bloomberg reported, citing people familiar with the matter. HSG, formerly known as Sequoia Capital China, and Altor Equity Partners are among a handful of bidders. The Kaufmann family could re-invest following a transaction. Leica traces its roots roughly 150 years to Ernst Leitz's microscope company and was publicly traded on the Frankfurt stock exchange until the Kaufmann family took it private in 2012.

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