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President Trump on Tuesday issued a memorandum directing the FDA and HHS to crack down on misleading direct-to-consumer prescription drug ads, requiring clearer disclosure of risks and ensuring that promotions don't overstate benefits or push costly drugs over generics. Longtime Slashdot reader sinij shares an excerpt from the memorandum: The Secretary of Health and Human Services shall therefore take appropriate action to ensure transparency and accuracy in direct-to-consumer prescription drug advertising, including by increasing the amount of information regarding any risks associated with the use of any such prescription drug required to be provided in prescription drug advertisements, to the extent permitted by applicable law. The Commissioner of Food and Drugs shall take appropriate action to enforce the Federal Food, Drug, and Cosmetic Act's prescription drug advertising provisions, and otherwise ensure truthful and non-misleading information in direct-to-consumer prescription drug advertisements. "Advertising dollars is a major avenue for pharmaceutical companies to influence news and attempt to shape public opinion," comments sinij. "Advertising was a major contributor to painkiller addiction, where networks were hesitant to cover early reports of addictiveness. It is likely directly contributing today to lack of critical coverage of Ozempic. It is just too big of a conflict of interest to allow to stand."

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Oracle shares had their best day since 1992, skyrocketing 36% and adding $244 billion in market value as surging AI-driven cloud demand pushed the company toward a $1 trillion valuation. The surge boosted founder Larry Ellison's fortune by $100 billion, making him the new world's wealthiest person. CNBC reports: The company said Tuesday after the bell that it has $455 billion in remaining performance obligations, up 359% from a year earlier. "This is a very historic kind of print right here from Oracle with this backlog," Ben Reitzes, technology research head at Melius Research, told CNBC's "Closing Bell: Overtime" on Tuesday. "The Street was looking for about $180 billion in RPO and they're talking about a number that is a multiple of that. That is astounding." Oracle now sees $18 billion in cloud infrastructure revenue in fiscal 2026, with the company calling for the annual sum to reach $32 billion, $73 billion, $114 billion and $144 billion over the subsequent four years. Other analysts were left "blown away" and "in shock." D.A. Davidson's Gil Luria called it "absolutely staggering on CNBC's "Fast Money." Wells Fargo analysts said it was a "momentous confirmation" of the AI trade. Oracle's cloud revenue projections overshadowed an otherwise lackluster fiscal first-quarter report in which the company missed expectations on the top and bottom lines. The company had earnings of an adjusted $1.47 per share for the quarter, just below the $1.48 per share expected by analysts polled by LSEG. Revenue for the first quarter came in at $14.93 billion, missing the $15.04 billion expected.

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Patch, turn on MFA, and restrict access to trusted networks…or else

Affiliates of the Akira ransomware gang are again exploiting a critical SonicWall vulnerability abused last summer, after a suspected zero-day flaw actually turned out to be related to a year-old bug.…

An anonymous reader quotes a report from Ars Technica: On Wednesday afternoon, Anthropic experienced a brief but complete service outage that took down its AI infrastructure, leaving developers unable to access Claude.ai, the API, Claude Code, or the management console for around half an hour. The outage affected all three of Anthropic's main services simultaneously, with the company posting at 12:28 pm Eastern that "APIs, Console, and Claude.ai are down. Services will be restored as soon as possible." As of press time, the services appear to be restored. The disruption, though lasting only about 30 minutes, quickly took the top spot on tech link-sharing site Hacker News for a short time and inspired immediate reactions from developers who have become increasingly reliant on AI coding tools for their daily work. "Everyone will just have to learn how to do it like we did in the old days, and blindly copy and paste from Stack Overflow," joked one Hacker News commenter. Another user recalled a joke from a previous AI outage: "Nooooo I'm going to have to use my brain again and write 100% of my code like a caveman from December 2024." The most recent outage came at an inopportune time, affecting developers across the US who have integrated Claude into their workflows. One Hacker News user observed: "It's like every other day, the moment US working hours start, AI (in my case I mostly use Anthropic, others may be better) starts dying or at least getting intermittent errors. In EU working hours there's rarely any outages." Another user also noted this pattern, saying that "early morning here in the UK everything is fine, as soon as most of the US is up and at it, then it slowly turns to treacle." While some users criticized Anthropic for reliability issues in recent months, the company's status page acknowledged the issue within 39 minutes of the initial reports, and by 12:55 pm Eastern announced that a fix had been implemented and that the company's teams were monitoring the results.

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We went through two hours of Senate hearings so you didn't have to

Video The Trump administration is pushing to loosen federal rules on AI, with Senator Ted Cruz (R-TX) introducing legislation to give developers a two-year waiver from certain regulations, renewable for up to a decade.…

An anonymous reader shares a report: Getting cash from an ATM is growing increasingly expensive as fees reach record highs. Americans are now paying an average of $4.86 for out-of-network ATM withdrawals, up 1.9% from $4.77 last year, according to a new survey from Bankrate.com. That's the highest on record, according to the personal finance website, which starting tracking ATM fees 27 years ago. "ATM fees are just one of those avenues that the bank can very freely continue to charge fees," Bankrate financial analyst Stephen Kates told CBS MoneyWatch. Those costs include charges from both ATM owners and banks. According to the survey, the average fee from cash machine providers is $3.22. Banks charge $1.64 on average, up 3.8% from 2024 -- the highest since 2018. As a result, Americans in certain metro areas could see average combined fees of more than $5.

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Using GPUs to design better bit barns for GPUs? It’s the circle of AI

With the rush to capitalize on the gen AI boom, datacenters have never been hotter. But before signing that multi-billion dollar purchase order on GPUs, Cadence Systems suggests using a few of them to simulate whether that fancy new bit barn of yours can actually handle the heat.…

US Senator Ron Wyden says glaring cybersecurity flaws by Microsoft enabled a ransomware attack on a US hospital system and has called on the Federal Trade Commission to investigate. Bloomberg: In a letter sent Wednesday to FTC Chairman Andrew Ferguson, the Oregon Democrat accused Microsoft of "gross cybersecurity negligence," which he said had resulted in ransomware attacks against US critical infrastructure. The senator cited the case of the 2024 breach at Ascension, one of the nation's largest nonprofit health systems. The intrusion shut down computers at many of Ascension's hospitals, leading to suspended surgeries and the theft of sensitive data on more than 5 million patients. Wyden said an investigation by his office found that the Ascension hack began after a contractor carried out a search using Microsoft's Bing search engine and was served a malicious link, which led to the contractor inadvertently downloading malware. That allowed hackers access to Ascension's computer networks. According to Wyden, the attackers then gained access to privileged accounts by exploiting an insecure encryption technology called RC4, which is supported by default on Windows computers. The hacking method is called Kerberoasting, which the company described as a type of cyberattack in which intruders aim to gather passwords by targeting an authentication protocol called Kerberos.

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Apple's newly launched iPhone Air will ship globally without physical SIM card slots. The move follows the company previously eliminating SIM trays in US models starting in 2022. Global consultancy firm Roland Berger forecasts eSIM connections will reach 75% of smartphone connections by 2030, rising from 10% in 2023. CCS Insight predicts eSIM-capable handsets will increase from 1.3 billion to 3 billion by 2030. Google offers eSIM-only Pixel 10 models in the US.

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The Federal Aviation Administration has issued a safety alert [PDF], warning airlines about lithium battery fire risks in passenger compartments after recording 50 incidents involving smoke, fire, or extreme heat from the devices this year. The FAA recommended airlines implement risk mitigation strategies including clear passenger messaging and updated firefighting procedures and training.

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'We do believe that this was likely the creation of a cybercrime group,' threat hunter tells The Reg

ChillyHell, a modular macOS backdoor believed to be long dormant, has likely been infecting computers for years while flying under the radar, according to security researchers who spotted a malware sample uploaded to VirusTotal in May.…

Bending Spoons has entered a definitive agreement with Vimeo to purchase the video platform for $1.38 billion. From a report: Per the agreement, Bending Spoons will acquire Vimeo in an all-cash transaction and take Vimeo (VMEO), a public company, private. Vimeo shareholders will receive $7.85 per share in cash when the transaction closes. [...] Vimeo, once a significant player in the streaming video space, has lost massive ground to other platforms, including YouTube, in recent years. Rather than fight a losing battle in the creator space, Vimeo has catered more toward business and enterprise users lately.

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The usual cadre of scientists who disproved previous findings are stumped

If you were ever wondering where you'd be when NASA announced peer-reviewed evidence hinting at extraterrestrial life - long dead, if it existed at all - look around, because this is it.…

Analyst Ben Thompson, commenting on Apple's outlook following the launch of the iPhone 17 lineup: Apple, to be fair, isn't selling the same sugar water year-after-year in a zero sum war with other sugar water companies. Their sugar water is getting better, and I think this year's seasonal concoction is particularly tasty. What is inescapable, however, is that while the company does still make new products -- I definitely plan on getting new AirPod Pro 3s! -- the company has, in the pursuit of easy profits, constrained the space in which it innovates. That didn't matter for a long time: smartphones were the center of innovation, and Apple was consequently the center of the tech universe. Now, however, Apple is increasingly on the periphery, and I think that, more than anything, is what bums people out: no, Apple may not be a sugar water purveyor, but they are farther than they have been in years from changing the world.

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Nearly 100 requirements laid down by 10 separate oversight and advisory groups leave agencies tangled in red tape

The US government wants AI in every corner of government, but the unstoppable force of new tech is running into the immovable object of bureaucracy - a growing mass of AI rules.…

The narrative podcast industry that exploded after Serial's 2014 debut has largely collapsed. Pineapple Street Studios shut down in June after producing hits like Missing Richard Simmons. Amazon dismantled Wondery in August, laying off 110 employees less than five years after acquiring the studio for $300 million. Spotify terminated Gimlet in 2023 despite paying $230 million for the company in 2019. Major outlets including Pushkin Industries and This American Life have conducted layoffs. Talk shows and celebrity podcasts continue growing while investigative audio series struggle to find funding. Edison Research reports 55% of Americans consumed podcasts last month, but advertising dollars are flowing to cheaper chat formats rather than resource-intensive narrative productions.

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Classes moved to VBA, but upgrading and testing is unavoidable

With the end of Windows 10 looming, Microsoft has reminded hard-pressed admins that other critical technologies are on the endangered list, notably VBScript.…

NASA: After a year's worth of scientific scrutiny, the 'Sapphire Canyon' rock sample remains the mission's best candidate for containing signs of ancient microbial life processes. A sample collected by NASA's Perseverance Mars rover from an ancient dry riverbed in Jezero Crater could preserve evidence of ancient microbial life. Taken from a rock named "Cheyava Falls" last year, the sample, called "Sapphire Canyon," contains potential biosignatures, according to a paper published Wednesday in the journal Nature. A potential biosignature is a substance or structure that might have a biological origin but requires more data or further study before a conclusion can be reached about the absence or presence of life. "This finding by Perseverance, launched under President Trump in his first term, is the closest we have ever come to discovering life on Mars. The identification of a potential biosignature on the Red Planet is a groundbreaking discovery, and one that will advance our understanding of Mars," said acting NASA Administrator Sean Duffy. "NASA's commitment to conducting Gold Standard Science will continue as we pursue our goal of putting American boots on Mars' rocky soil."

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An anonymous reader shares a report: South Africa's energy regulator apologized for a 54 billion-rand ($3.1 billion) error in calculating electricity tariffs, a mistake that will be passed on to consumers. The National Energy Regulator of South Africa, which determines what state power utility Eskom Holdings SOC Ltd. can charge for electricity, announced the miscalculation last month, without providing further details. On Wednesday, it put the blunder down to a "data input error" that was picked up by Eskom, according to a presentation to lawmakers. While the mistake had been identified before the tariff determination was made in January, it wasn't rectified as indicated at the time, and only discovered five months later, the regulator said. "The error is regrettable; it should not have happened," it said. The incident brought into the spotlight South Africa's surging electricity prices and will result in them increasing by 8.76% in the next financial year, instead of the 5.36% originally agreed, and by 8.83% the year after, compared with 6.19%.

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Systems offline as specialists continue to comb through wreckage

Jaguar Land Rover (JLR) says "some data" was affected after the luxury car maker suffered a digital break-in early last week.…