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Ex-Twitter isn't exactly rolling in cash - has anyone thought about how much it'll cost to run all that new stuff?

Peer-to-peer payments, AI integration, additional exposure to stuff you hate, and more: That's what's coming to the site formerly known as Twitter in 2024, according to statement today.…

Nothing under exploit… Is this the calm before the storm?

Patch Tuesday Microsoft rang in the New Year with a relatively calm Patch Tuesday: Just 49 Windows security updates including fixes for two critical-rated bugs, plus four high-severity Chrome flaws in Microsoft Edge.…

An anonymous reader quotes a report from Ars Technica: The Federal Communications Commission is about to start winding down a program that gives $30 monthly broadband discounts to people with low incomes, and says it will have to complete the shutdown by May if Congress doesn't provide more funding. The 2-year-old Affordable Connectivity Program (ACP) was created by Congress, and Democrats have been pushing for more funding to keep it going. But Republican members of Congress blasted the ACP last month, accusing the FCC of being "wasteful." In a letter, GOP lawmakers complained that most of the households receiving the subsidy already had broadband service before the program existed. They threatened to withhold funding and criticized what they called the "Biden administration's reckless spending spree." The letter was sent by the highest-ranking Republicans on committees with oversight responsibility over the ACP, namely Sen. John Thune (R-SD), Sen. Ted Cruz (R-Texas), Rep. Cathy McMorris Rodgers (R-Wash.), and Rep. Bob Latta (R-Ohio). With no resolution in sight, the FCC announced that it would have to start sending out notices about the program's expected demise. "With less than four months before the projected program end date and without any immediate additional funding, this week the Commission expects to begin taking steps to start winding down the program to give households, providers, and other stakeholders sufficient time to prepare," the FCC said in an announcement yesterday. The Biden administration has requested $6 billion to fund the program through December 2024. As of now, the FCC said it "expects funding to last through April 2024, running out completely in May." FCC Chairwoman Jessica Rosenworcel has repeatedly asked Congress for more ACP funding, and sent a letter (PDF) to lawmakers yesterday in which she repeated her plea. The chairwoman's letter said that 23 million households are enrolled in the discount program. [...] Rosenworcel warned that the impending ACP shutoff "would undermine the historic $42.5 billion Broadband Equity, Access, and Deployment Program," a different program created by Congress to subsidize ISPs' expansion of broadband networks throughout the US. The discount and deployment programs complement each other because "the ACP supports a stable customer base to help incentivize deployment in rural areas," Rosenworcel wrote.

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Buy the hype, sell the, wait, what do we do now?!

Breaking The SEC today said its Twitter/X account was hijacked to wrongly claim it had approved hotly anticipated Bitcoin ETFs, causing cryptocurrency to spike and then slip in price.…

With the approval of new rule change applications, the SEC is now allowing bitcoin ETFs to be traded in the United States. UPDATE: The SEC said that the announcement about bitcoin ETFs on social media was incorrect, and that its X account was compromised. "The SEC's @SECGov X/Twitter account has been compromised. The unauthorized tweet regarding bitcoin ETFs was not made by the SEC or its staff," an SEC spokesperson told CNBC. "The SEC has not approved the listing and trading of spot bitcoin exchange-traded products," said SEC Chair Gary Gensler in a post on X. From the original CNBC article: The decision will likely lead to the conversion of the Grayscale Bitcoin Trust, which holds about $29 billion of the cryptocurrency, into an ETF, as well as the launch of competing funds from mainstream issuers like BlackRock's iShares. The approval could prove to be a landmark event in the adoption of cryptocurrency by mainstream finance, as the ETF structure gives institutions and financial advisors a familiar and regulated way to buy exposure to bitcoin. The SEC has for years opposed a so-called spot bitcoin fund, with several firms filing and then withdrawing applications for ETFs in the past. SEC Chair Gary Gensler has been an outspoken critic of crypto during his tenure. However, the regulator appeared to change course on the ETF question in 2023, possibly due in part to an August loss to Grayscale in court which criticized the SEC for blocking bitcoin ETFs while allowing funds that track bitcoin futures.

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HP has used its "Dynamic Security" firmware updates to "create a monopoly" of replacement printer ink cartridges, a lawsuit filed against the company on January 5 claims. From a report: The lawsuit, which is seeking class-action certification, represents yet another form of litigation against HP for bricking printers when they try to use ink that doesn't bear an HP logo. The lawsuit (PDF), which was filed in US District Court in the Northern District of Illinois, names 11 plaintiffs and seeks an injunction against HP requiring the company to disable its printer firmware updates from preventing the use of non-HP branded ink. The lawsuit also seeks monetary damages greater than $5,000,000 and a trial by jury. [...] HP was wrong to issue a firmware update affecting printer functionality, and users were not notified that accepting firmware updates "could damage any features of the printer," the lawsuit says.

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The U.S. Federal Trade Commission has banned the data broker X-Mode Social from sharing or selling users' sensitive location data, the federal regulator said Tuesday. From a report: The first of its kind settlement prohibits X-Mode, now known as Outlogic, from sharing and selling users' sensitive information to others. The settlement will also require the data broker to delete or destroy all the location data it previously collected, along with any products produced from this data, unless the company obtains consumer consent or ensures the data has been de-identified. X-Mode buys and sells access to the location data collected from ordinary phone apps. While just one of many organizations in the multibillion-dollar data broker industry, X-Mode faced scrutiny for selling access to the commercial location data of Americans' past movements to the U.S. government and military contractors. Soon after, Apple and Google told developers to remove X-Mode from their apps or face a ban from the app stores.

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Redmond's three Es strike again: Embrace, Extend... EU

Microsoft's $13 billion investment in OpenAI is being checked by the European Commission to see if the deal runs afoul of the continent's merger rules.…

UnknowingFool writes: Following the incident on Alaska Airlines 1282 on Friday where a door plug blew off mid-flight, the FAA ordered all Boeing 737 Max 9 airplanes to be grounded and the door plugs to be inspected. Both United Airlines and Alaska Airlines have now reported finding loose parts on their planes with United specifically listing "bolts" whereas Alaska only referred to "hardware." Both airlines have repaired the situation and put the planes back into service. It remains to be answered why the parts were loose and what further issues could arise.

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Asus is back with another Zenbook Duo, the latest $2,161 device in its range of dual-screened laptops. But rather than including a small secondary display above this laptop's keyboard like previous Duos, the revamped version for 2024 has two equally sized 14-inch screens. The Verge has more: They're both OLED, with resolutions of up to 2880 x 1800, aspect ratios of 16:10, and a maximum refresh rate of 120Hz. Between them, they offer a total of 19.8 inches of usable screen real estate. It's a similar approach to the one Lenovo took with last year's dual-screen Yoga Book 9i, albeit with a couple of tweaks. Like Lenovo, Asus gives you a choice of typing on the lower touchscreen via a virtual keyboard or by using a detachable physical Bluetooth keyboard. But what's different here is that Asus' keyboard has a trackpad built in, so you don't have to use it in combination with an on-screen trackpad. Asus envisages you using the new Zenbook Duo in a few different configurations. There's a standard laptop mode, where the bottom screen is entirely covered by a traditional keyboard and trackpad. Or you can rest the keyboard on your desk and have the two screens arranged vertically for "Dual Screen" mode or horizontally for "Desktop" mode. Finally, there's "Sharing" mode, which has you ditch the keyboard entirely and lay the laptop down on a flat surface with both its screens facing up and away from each other, presumably so you can share your work with a colleague sitting across the desk from you. Naturally, having launched a year later than its competitor, the Asus Zenbook Duo is also packed with more modern hardware. It can be specced with up to an Intel Core Ultra 9 185H processor and 32GB of RAM, up to 2TB of storage, and a 75Wh battery. Connectivity includes two Thunderbolt 4 ports, a USB-A port, HDMI out, and a 3.5mm jack, and the laptop can be used with Asus' stylus.

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Press2ToContinue writes: England's 1,000-year-old legal system -- still steeped in traditions that include wearing wigs and robes -- has taken a cautious step into the future by giving judges permission to use artificial intelligence to help produce rulings . The Courts and Tribunals Judiciary last month said AI could help write opinions but stressed it shouldn't be used for research or legal analyses because the technology can fabricate information and provide misleading, inaccurate and biased information. "Judges do not need to shun the careful use of AI," said Master of the Rolls Geoffrey Vos, the second-highest ranking judge in England and Wales. "But they must ensure that they protect confidence and take full personal responsibility for everything they produce." At a time when scholars and legal experts are pondering a future when AI could replace lawyers, help select jurors or even decide cases, the approach spelled out Dec. 11 by the judiciary is restrained. But for a profession slow to embrace technological change, it's a proactive step as government and industry -- and society in general -- react to a rapidly advancing technology alternately portrayed as a panacea and a menace.

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UK trumpets British tech aboard doomed spacecraft

The Peregrine Mission One lunar lander has just hours of power left before its ambitious mission will be prematurely terminated.…

Telly, the company giving people free 55-inch 4K TVs as long as they're willing to live with persistent ads on a second screen, is previewing a "Hey Telly" voice assistant that will be based on OpenAI's ChatGPT, at least at first. From a report: Users will interact with it on the TV's second (lower) screen, and the company says it "will come to know and recognize the Telly owner" over time and offer personalized recommendations to users. The company didn't say when the feature will be available. The existing SoundHound-powered voice assistant is limited to more mundane tasks like setting timers, changing picture modes, or answering simple questions. Telly also says other household users can opt to have the chatbot personalized to them, offering the example of a chatbot that knows you're on a vegetarian diet and keeps that in mind when you ask for restaurant recommendations.

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On the wrong side of the digital divide in the US? The clock is ticking

The US Federal Communications Commission (FCC) warns it will start winding down the Affordable Connectivity Program (ACP) unless more funds are released to keep it going.…

Harry McCracken, writing for FastCompany: Recently, Microsoft built a clock. Well, "built" may be overstating things. Members of the company's quantum computing team found a small digital clock in a wood case on Amazon -- the kind you might mistake for a nicer-than-usual trade show tchotchke. They hacked it to run off two experimental batteries they'd created in collaboration with staffers at the U.S. Department of Energy's Pacific Northwest National Laboratory (PNNL). Then they dressed up its enclosure by adding the logo of Azure Quantum Elements, the Microsoft platform for AI-enhanced scientific discovery that had been instrumental in developing the new battery technology. The point of this little DIY project was to prove the batteries worked in a visceral way: "You want to have a wow moment," explains Brian Bilodeau, the head of partnerships, strategy, and operations for Azure Quantum. And the person the quantum team hoped to wow was Microsoft CEO Satya Nadella. Not that getting Nadella's attention was such a daunting prospect. Throwing vast amounts of Azure high-performance computing (HPC) resources at a big, hairy technical challenge such as materials research is the sort of challenge he's predisposed to take a personal interest in. Still, the tangible evidence of success made for a memorable moment: "I was very, very excited to see it come through," Nadella remembers. The coin-sized CR2032 batteries powering the clock looked like the ones you might find in a pocket calculator or garage door opener. But on the inside, they used a solid-state electrolyte that replaces 70% of the lithium in garden-variety batteries with sodium. That holds the potential to address multiple issues with lithium batteries as we know them: their limited life on a charge, shrinking capacity over time, subpar performance in extreme temperatures, and risk of catching fire or even exploding. In addition, reducing lithium use in favor of cheap, plentiful sodium could be a boon to the fraught battery supply chain. With further development, the new material could benefit the myriad aspects of modern life that depend on batteries, from smartphones to EVs to the power grid. But Microsoft, being Microsoft, regards all this promise first and foremost as proof of Azure Quantum Elements' usefulness to the customers it's designed to serve. Unveiled last June, the cloud service is currently a "private preview" being tested by organizations such as Britain's Johnson Matthey, which is using it to help design catalytic converters and hydrogen fuel cells.

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Petty officer Wenheng Zhao admitted to taking as many as 14 payoffs in return for non-public military information

A US Naval sailor will face more than two years behind bars after pleading guilty to taking bribes from Chinese spies in exchange for sensitive military information.…

C-suite exec gets 223 staffers' worth of pay after cyclical headwinds dampen consumer demand for kit

Qualcomm might have had a relatively rough ride in 2023 given the continued decline in smartphone chip shipments across the industry but its execs didn't, at least not in terms of their pay awards.…

The global economy is on course to record its worst half decade of growth in 30 years, according to the World Bank. From a report: Global growth is forecast to slow for the third year in a row in 2024, dipping to 2.4% from 2.6% in 2023, the organization said in its latest "Global Economic Prospects" report released Tuesday. Growth is then expected to rise marginally to 2.7% in 2025, though acceleration over the five-year period will remain almost three-quarters of a percentage point below the average rate of the 2010s. And despite the global economy proving resilient in the face of recessionary risks in 2023, increased geopolitical tensions will present fresh near-term challenges, the organization said, leaving most economies set to grow more slowly in 2024 and 2025 than they did in the previous decade. "You have a war in Eastern Europe, the Russian invasion of Ukraine. You have a serious conflict in the Middle East. Escalation of these conflicts could have significant implications for energy prices that could have impacts on inflation as well as on economic growth," Ayhan Kose, the World Bank's deputy chief economist and director of the Prospects Group, told CNBC's Silvia Amaro. The bank warned that without a "major course correction," the 2020s will go down as "a decade of wasted opportunity."

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Someone please remind Boeing how to build airplanes ... again

Both US operators of Boeing 737 Max 9 aircraft are finding loose parts in the aircraft during the latest inspections that were prompted by an emergency exit door plug blowout during flight over the weekend.…

Alphabet's Google is set to go before a federal jury in Boston on Tuesday in a trial over accusations that processors it uses to power AI technology in key products infringe a computer scientist's patents. From a report: Singular Computing, founded by Massachusetts-based computer scientist Joseph Bates, claims Google copied his technology and used it to support AI features in Google Search, Gmail, Google Translate and other Google services. A Google court filing said that Singular has requested up to $7 billion in monetary damages, which would be more than double the largest-ever patent infringement award in U.S. history. Google spokesperson Jose Castaneda called Singular's patents "dubious" and said that Google developed its processors "independently over many years." "We look forward to setting the record straight in court," Castaneda said.

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