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The U.S. Senate has approved the GENIUS Act with a 68-30 final vote that "saw a huge surge of Democrats joining their Republican counterparts," reports CoinDesk. What the bill sets out to do is create the first federal regulatory framework for U.S. stablecoins, requiring issuers to maintain full 1:1 reserves in cash or Treasuries, adhere to regular audits and anti-money laundering rules, and gain regulatory approval -- all while allowing foreign stablecoin access under strict oversight rules. From the report: As written, the bill would set up guardrails around the approval and supervision of U.S. issuers of stablecoins, the dollar-based tokens such as the ones backed by Circle, Ripple and Tether. Firms making these digital assets available to U.S. users would have to meet stringent reserve demands, transparency requirements, money-laundering compliance and regulatory supervision that's also likely to include new capital rules. "This is a win for the U.S., a win for innovation and a monumental step towards appropriate regulation for digital assets in the United States," said Amanda Tuminelli, executive director and chief legal officer of the DeFi Education Fund, in a similar statement. [...] While this is the first significant crypto bill to clear the Senate, it's also the first time a stablecoin bill has passed either chamber, despite years of negotiation in the House Financial Services Committee that managed to produce other major crypto legislation in the previous congressional session. The destiny of the GENIUS Act is also tied closely to the House's own Digital Asset Market Clarity Act, the more sweeping crypto bill that would establish the legal footing of the wider U.S. crypto markets. The stablecoin effort is slightly ahead of the bigger task of the market structure bill, but the industry and their lawmaker allies argue that they're inextricably connected and need to become law together. So far, the Clarity Act has been cleared by the relevant House committees and awaits floor action.

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President Trump will extend the deadline for ByteDance to divest TikTok's U.S. operations by another 90 days, marking the third extension since taking office. The extension aims to prevent a TikTok ban while negotiations with potential buyers like Oracle and Project Liberty continue. CNBC reports: "President Trump will sign an additional Executive Order this week to keep TikTok up and running," White House Press Secretary Karoline Leavitt said in a statement. "As he has said many times, President Trump does not want TikTok to go dark. This extension will last 90 days, which the Administration will spend working to ensure this deal is closed so that the American people can continue to use TikTok with the assurance that their data is safe and secure." ByteDance was nearing the deadline of June 19, to sell TikTok's U.S. operations in order to satisfy a national security law that the Supreme Court upheld just a few days before Trump's second presidential inauguration. Under the law, app store operators like Apple and Google and internet service providers would be penalized for supporting TikTok. ByteDance originally faced a Jan. 19 deadline to comply with the national security law, but Trump signed an executive order when he first took office that pushed the deadline to April 5. Trump extended the deadline for the second time a day before that April mark. Trump told NBC News in May that he would extend the TikTok deadline again if no deal was reached, and he reiterated his plans on Thursday.

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Expect headcount reductions over the next few years, says Andy Jassy

Amazon staff on Tuesday got an email from their CEO advising that some of them will probably be replaced by bots.…

An anonymous reader shares a report: [...] the rise in China of open technology, which relies on transparency and decentralisation, is awkward for an authoritarian state. If the party's patience with open-source fades, and it decides to exert control, that could hinder both the course of innovation at home, and developers' ability to export their technology abroad. China's open-source movement first gained traction in the mid-2010s. Richard Lin, co-founder of Kaiyuanshe, a local open-source advocacy group, recalls that most of the early adopters were developers who simply wanted free software. That changed when they realised that contributing to open-source projects could improve their job prospects. Big firms soon followed, with companies like Huawei backing open-source work to attract talent and cut costs by sharing technology. Momentum gathered in 2019 when Huawei was, in effect, barred by America from using Android. That gave new urgency to efforts to cut reliance on Western technology. Open-source offered a faster way for Chinese tech firms to take existing code and build their own programs with help from the country's vast community of developers. In 2020 Huawei launched OpenHarmony, a family of open-source operating systems for smartphones and other devices. It also joined others, including Alibaba, Baidu and Tencent, to establish the OpenAtom Foundation, a body dedicated to open-source development. China quickly became not just a big contributor to open-source programs, but also an early adopter of software. JD.com, an e-commerce firm, was among the first to deploy Kubernetes. AI has lately given China's open-source movement a further boost. Chinese companies, and the government, see open models as the quickest way to narrow the gap with America. DeepSeek's models have generated the most interest, but Qwen, developed by Alibaba, is also highly rated, and Baidu has said it will soon open up the model behind its Ernie chatbot.

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Longtime Slashdot reader jrepin writes: Plasma is a popular desktop (and mobile) environment for GNU/Linux and other UNIX-like operating systems. Among other things, it also powers the desktop mode of the Steam Deck gaming handheld. The KDE community today announced the latest release: Plasma 6.4. This fresh new release improves on nearly every front, with progress being made in accessibility, color rendering, tablet support, window management, and more. Plasma already offered virtual desktops and customizable tiles to help organize your windows and activities, and now it lets you choose a different configuration of tiles on each virtual desktop. The Wayland session brings some new accessibility features: you can now move the pointer using your keyboard's number pad keys, or use a three-finger touchpad pinch gesture to zoom in or out. Plasma file transfer notification now shows a speed graph, giving you a more visual idea of how fast the transfer is going and how long it will take to complete. When any applications are in full screen mode Plasma will now enter Do Not Disturb mode and only show urgent notifications. When you exit full-screen mode, you'll see a summary of any notifications you missed. Now, when an application tries to access the microphone and finds it muted, a notification will pop up. A new feature in the Application Launcher widget will place a green New! tag next to newly installed apps, so you can easily find where something you just installed lives in the menu. The Display and Monitor page in System Settings comes with a brand new HDR calibration wizard. Support for Extended Dynamic Range (a different kind of HDR) and P010 video color format has also been added. System Monitor now supports usage monitoring for AMD and Intel graphic cards -- it can even show the GPU usage on a per-process basis. Spectacle, the built-in app for taking screenshots and screen recordings, has a much-improved design and more streamlined functionality. The background of the desktop or window now darkens when an authentication dialog shows up, helping you locate and focus on the window asking for your password. There's a brand-new Animations page in System Settings that groups all the settings for purely visual animated effects into one place, making them easier to find and configure. Aurorae, a newly added SVG vector graphics theme engine, enhances KWin window decorations. You can read more about these and many other other features in the Plasma 6.4 announcement and complete changelog.

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In a memo to employees on Tuesday, Amazon CEO Andy Jassy said that the company's corporate workforce will shrink in the coming years as it adopts more generative AI tools and agents. "We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs," Jassy said. "It's hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce." CNBC reports: Jassy wrote that employees should learn how to use AI tools and experiment and figure out "how to get more done with scrappier teams." The directive comes as Amazon has laid off more than 27,000 employees since 2022 and made several cuts this year. Amazon cut about 200 employees in its North America stores unit in January and a further 100 in its devices and services unit in May. Amazon had 1.56 million full-time and part-time employees in its global workforce as of the end of March, according to financial filings. The company also employs temporary workers in its warehouse operations, along with some contractors. Amazon is using generative AI broadly across its internal operations, including in its fulfillment network where the technology is being deployed to assist with inventory placement, demand forecasting and the efficiency of warehouse robots, Jassy said. [...] In his most recent letter to shareholders, Jassy called generative AI a "once-in-a-lifetime reinvention of everything we know." He added that the technology is "saving companies lots of money," and stands to shift the norms in coding, search, financial services, shopping and other areas. "It's moving faster than almost anything technology has ever seen," Jassy said.

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Little agents everywhere

Salesforce is raising prices for a bunch of its products and claims that increasing integration with AI justifies the increased bills, even after one of its own researchers recently said that AI agents are often underdelivered on basic CRM tasks.…

An anonymous reader quotes a report from the BBC: The Spanish government has said that the national grid operator and private power generation companies were to blame for an energy blackout that caused widespread chaos in Spain and Portugal earlier this year. Shortly after midday on April 28, both countries were disconnected from the European electricity grid for several hours. Businesses, schools, universities, government buildings and transport hubs were all left without power and traffic light outages caused gridlocks. While schoolchildren, students and workers were sent home for the day, many other people were stuck in lifts or stranded on trains in isolated rural areas. In the immediate aftermath, the left-wing coalition government did not provide an explanation, instead calling for patience as it investigated. Nearly two months after the unprecedented outage, the minister for ecological transition, Sara Aagesen, has presented a report on its causes. She said the partly state-owned grid operator, Red Electrica, had miscalculated the power capacity needs for that day, explaining that the "system did not have enough dynamic voltage capacity." The regulator should have switched on another thermal plant, she said, but "they made their calculations and decided that it was not necessary." Aagesen also blamed private generators for failing to regulate the grid's voltage shortly before the blackout happened. "Generation firms which were supposed to control voltage and which, in addition, were paid to do just that did not absorb all the voltage they were supposed to when tension was high," she said, without naming any of the companies responsible. The day after the outage, Prime Minister Pedro Sanchez suggested that private electricity companies might have played a role, saying that his government would demand "all the relevant accountability" from them. However, the new report on the blackout also raises questions about the role of Beatriz Corredor, president of Red Electrica and a former Socialist minister, who had previously insisted that the grid regulator had not been at fault. Aagesen said there was no evidence of a cyberattack behind the blackout. The government also maintained that Spain's renewable energy output was not to blame.

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Facebook announced it will soon share all videos as reels by default, regardless of their length or orientation. "Up until now, users have been able to share both video posts and reels," notes TechCrunch. From the report: The company is also renaming the "Video" tab on its platform to the "Reels" tab. The update won't change what videos are recommended to you, Facebook says. [...] The idea behind the changes is to streamline the video-sharing format on the social network. It won't be the first time that a Meta-owned platform has done so, as Instagram began automatically converting new video posts under 15 minutes into reels back in 2022. "Previously, you'd upload a video to Feed or post a reel using different creative flows and tools for each format," Facebook explained in a blog post. "Now, we're bringing these experiences together with a simplified publishing flow that gives you access to even more creative tools. We'll also give you control over your audience setting of who sees your reels." [...] The company says it will gradually roll out the changes globally over the coming months.

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Plus adds a ton more security capabilities for cloud customers at re:Inforce

Amazon Web Services hit a major multi-factor authentication milestone, achieving 100 percent MFA enforcement for root users across all types of AWS accounts.…

Honda has successfully conducted a surprise launch and landing test of its prototype reusable rocket as part of its plan to achieve suborbital spaceflight by 2029. Reuters reports: Honda R&D, the research arm of Japan's second-biggest carmaker, successfully landed its 6.3-meter (20.6-foot) experimental reusable launch vehicle after reaching an altitude of 271 meters (889 feet) at its test facility in northern Japan's space town Taiki, according to the company. While "no decisions have been made regarding commercialization of these rocket technologies, Honda will continue making progress in the fundamental research with a technology development goal of realizing technological capability to enable a suborbital launch by 2029," it said in a statement. Honda in 2021 said it was studying space technologies such as reusable rockets, but it has not previously announced the details of the launch test. A suborbital launch may touch the verge of outer space but does not enter orbit. Studying launch vehicles "has the potential to contribute more to people's daily lives by launching satellites with its own rockets, that could lead to various services that are also compatible with other Honda business," the company added.

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They're taking the data from IRSengard, claim Dems; officials tell us that's not true

A coalition of House and Senate Democrats has sent an aggressive letter to Palantir CEO Alex Karp questioning whether the controversial data intelligence biz is breaking federal law by allegedly helping the IRS build a searchable "mega database" of taxpayer information, and, likening his firm to US companies accused of aiding human rights violations in apartheid South Africa, Nazi Germany, and the People's Republic of China. …

An anonymous reader quotes a report from Ars Technica: OpenAI executives have discussed filing an antitrust complaint with US regulators against Microsoft, the company's largest investor, The Wall Street Journal reported Monday, marking a dramatic escalation in tensions between the two long-term AI partners. OpenAI, which develops ChatGPT, has reportedly considered seeking a federal regulatory review of the terms of its contract with Microsoft for potential antitrust law violations, according to people familiar with the matter. The potential antitrust complaint would likely argue that Microsoft is using its dominant position in cloud services and contractual leverage to suppress competition, according to insiders who described it as a "nuclear option," the WSJ reports. The move could unravel one of the most important business partnerships in the AI industry -- a relationship that started with a $1 billion investment by Microsoft in 2019 and has grown to include billions more in funding, along with Microsoft's exclusive rights to host OpenAI models on its Azure cloud platform. The friction centers on OpenAI's efforts to transition from its current nonprofit structure into a public benefit corporation, a conversion that needs Microsoft's approval to complete. The two companies have not been able to agree on details after months of negotiations, sources told Reuters. OpenAI's existing for-profit arm would become a Delaware-based public benefit corporation under the proposed restructuring. The companies are discussing revising the terms of Microsoft's investment, including the future equity stake it will hold in OpenAI. According to The Information, OpenAI wants Microsoft to hold a 33 percent stake in a restructured unit in exchange for foregoing rights to future profits. The AI company also wants to modify existing clauses that give Microsoft exclusive rights to host OpenAI models in its cloud. The restructuring debate attracted criticism from multiple quarters. Elon Musk alleges that OpenAI violated contract provisions by prioritizing profit over the public good in its push to advance AI and has sued to block the conversion. In December, Meta Platforms also asked California's attorney general to block OpenAI's conversion to a for-profit company.

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A symbolic political move

Taiwan has added China's leading foundry operator Semiconductor Manufacturing International Co. (SMIC) and IT giant Huawei to its export control list. The move effectively blacklists the duo from doing business with the chip manufacturing mecca.…

China's 'little dragons' pose big challenge to US AI firms

MiniMax, an AI firm based in Shanghai, has released an open-source reasoning model that challenges Chinese rival DeepSeek and US-based Anthropic, OpenAI, and Google in terms of performance and cost.…

Third time's a charm?

Apple has escaped a $300 million patent infringement damages penalty – for now – due to what a trio of judges said comes down to faulty jury instructions.…

An anonymous reader shares a report: Iran's cybersecurity authority has banned officials from using devices that connect to the internet, apparently fearing being tracked or hacked by Israel. According to the state-linked Fars news agency, Iranian officials and their bodyguards have been told they are not allowed to use any equipment that connects to public internet or telecommunications networks.

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Amazon's satellite constellation hits another snag as ULA rocket aborts on pad

A hardware glitch on United Launch Alliance's (ULA) workhorse Atlas V rocket delayed the launch of the second batch of Project Kuiper satellites.…

Hardcoded passwords and path traversals keeping bug hunters in work

Security researchers have issued a warning about a pre-authentication exploit chain affecting a CMS used by some of the biggest companies in the world.…

Salesforce will raise prices by an average of 6% across its Enterprise and Unlimited Editions starting August 1, 2025, while simultaneously launching new AI-focused product tiers that significantly expand the cost structure for its platform. The price increases will affect Sales Cloud, Service Cloud, Field Service, and select Industries Clouds, though the company's Foundations, Starter, and Pro Editions will remain unchanged, the company said Tuesday. Salesforce is justifying the move by citing "significant ongoing innovation and customer value delivered through our products." The company is also rolling out new Agentforce add-ons starting at $125 per user monthly, which provide unlimited AI agent usage for employees, while premium Agentforce 1 Editions begin at $550 per user monthly and include comprehensive AI capabilities plus cloud-specific features. Slack pricing has also been restructured, with the Business+ plan now costing $15 per user monthly and a new Enterprise+ tier added, though basic Slack access will be free for all Salesforce customers.

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