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An anonymous reader quotes a report from The Guardian: JPMorgan Chase is summoning all staff back to the office, becoming the latest corporate giant to call time on era of remote and hybrid working sparked by the Covid-19 pandemic. The US's largest bank, which has some 316,000 employees worldwide, announced on Friday that all workers on hybrid work schedules will be required to return to the office five days a week from March. [...] Few top executives have been more vocal in making the case for working from the office than Jamie Dimon, the veteran CEO of JPMorgan, who -- as early as 2021 -- sought to restore pre-pandemic working habits. "And everyone is going to be happy with it," he told a Wall Street Journal event that year. "And yes, the commute -- you know, people don't like commuting. But so what?" Even before Friday's announcement, more than half of employees at JPMorgan had already been required to work from the office full-time. In an internal memo to staff, seen by the Guardian, Dimon and other executives acknowledged that "some of you prefer a hybrid schedule" and said they "respectfully understand that not everyone will agree with this decision." "We are now a few years out of the pandemic and have had the time to evaluate the benefits and challenges of remote and hybrid working," they wrote. "We feel that now is the right time to solidify our full-time in-office approach. "We think it is the best way to run the company. As we've discussed before, the benefits of working together in person are substantial and irreplaceable, and as we spend more time together, the more advantages we gain."

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All the consumer electronics weirdness you didn't want to see in person anyway

CES As the gadget-filled spectacle that CES draws to a close, there's much to anticipate and just as much that leaves us completely baffled.…

An anonymous reader shares a report: YouTubers and other digital content creators are selling their unused video footage to AI companies seeking exclusive videos to better train their AI algorithms, oftentimes netting thousands of dollars per deal. OpenAI, Alphabet's Google, AI media company Moonvalley and several other AI companies are collectively paying hundreds of content creators for access to their unpublished videos, according to people familiar with the negotiations. That content, which hasn't been posted elsewhere online, is considered valuable for training artificial intelligence systems since it's unique. AI companies are currently paying between $1 and $4 per minute of footage, the people said, with prices increasing depending on video quality or format. Videos that are shot in 4K, for example, go for a higher price, as does non-traditional footage like videos captured from drones or using 3D animations. Most footage, such as unused video created for networks like YouTube, Instagram and TikTok, is selling for somewhere between $1 and $2 per minute.

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Automattic is cutting its weekly contributions to WordPress.org from 3,988 hours to 45 hours, escalating tensions with rival WP Engine amid their ongoing legal dispute. The dramatic reduction comes after a federal court granted WP Engine an injunction over Automattic's handling of a disputed plugin. The company, which runs WordPress.com, blamed the cutback on legal costs from its battle with WP Engine, which CEO Matt Mullenweg previously called a "cancer" to the community. Automattic said remaining contributions will focus on "security and critical updates" through the Five for the Future program.

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Mark Zuckerberg's Meta is terminating major DEI programs, effective immediately -- including for hiring, training and picking suppliers. Axios: Meta said it was changing course because the "legal and policy landscape surrounding diversity, equity and inclusion efforts in the United States is changing," per a memo by Janelle Gale, vice president of human resources.

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Struggling to connect to the cloud? You’re not alone

Microsoft on Friday warned Azure cloud service users may continue to experience "intermittent errors," blaming the problem on a US East regional networking service configuration change.…

Developer Q&A platform StackOverflow appears to be facing an existential crisis as volume of new questions on the site has plunged 75% from the 2017 peak and 60% year-on-year in December 2024, according to StackExchange Data Explorer figures. The decline accelerated after ChatGPT's launch in November 2022, with questions falling 76% since then. Despite banning AI-generated answers two years ago, StackOverflow has embraced AI partnerships, striking deals with Google, OpenAI and GitHub.

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The world's most powerful supercomputer, capable of 2.79 quintillion calculations per second, has been unveiled at Lawrence Livermore National Laboratory in California, designed primarily to maintain the U.S. nuclear weapons stockpile and run other classified simulations. The $600 million system, named El Capitan, consists of 87 computer racks weighing 1.3 million pounds and draws 30 megawatts of power. Built by Hewlett-Packard Enterprise using AMD chips, it operates alongside a smaller system called Tuolumne, which ranks tenth globally in computing power. "While we're still exploring the full role AI will play, there's no doubt that it is going to improve our ability to do research and development that we need," said Bradley Wallin, a deputy director at the laboratory.

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Now set for the day before SpaceX's next Starship test

Jeff Bezos-owned Blue Origin has postponed the inaugural launch of its New Glenn rocket to January 12, the day before SpaceX hopes to launch another Starship test flight.…

Sales of electric vehicles in Japan fell 33% year-on-year to 59,736 cars in 2024, the first decline in four years, according to data from car dealers and importers compiled by Nikkei on Thursday. From the report: EVs' share of all vehicle sales fell below 2% in Japan, the lowest among major advanced economies. While global EV sales are still growing, albeit more slowly, Japan's reluctance to adopt EVs is becoming increasingly apparent.

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Details of afflictions and care plastered online

BayMark Health Services, one of the biggest drug addiction treatment facilities in the US, says it is notifying some patients this week that their sensitive personal information was stolen.…

Early life exposure to toxic PFAS "forever chemicals" could impact economic success in adulthood, new first-of-its-kind research [PDF] suggests. From a report: The Iowa State University and US Census Bureau working paper compared the earnings, college graduation rates, and birth weights of two groups of children -- those raised around military installations that had firefighting training areas, and those who lived near bases with no fire training site. The military began using PFAS-laden firefighting foam in the early 1970s, which frequently contaminated the drinking water supplies in and around bases. Those who lived in regions with firefighting training areas earned about 1.7% on average less later in life, and showed a graduation rate about 1% lower. Those born between 1981-1988 earned about $1bn less in today's earnings, or about $1,000 a person on average, compared to those who did not live near the firefighting training sites. The data also shows lower birth weights among the population -- a factor linked to lower economic success later in life. The findings "highlight the importance of careful scrutiny of novel chemicals," said Irene Jacz, a study co-author and Iowa State economist. "We think that there's a causal effect from PFAS here but it's really hard to say, 'Oh it's all brain chemistry, or health effects' so there's a need for more research" Jacz said. The paper is not yet peer-reviewed, but will soon go through the process.

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Three mathematicians have developed a breakthrough method for proving whether numbers can be written as fractions, solving a problem that has puzzled researchers for decades. Frank Calegari, Vesselin Dimitrov and Yunqing Tang proved the irrationality of an infinite collection of numbers related to the Riemann zeta function, building on Roger Apery's landmark 1978 proof about a single such number. The new approach, which relies on 19th-century mathematical techniques, has already helped settle a 50-year-old conjecture about modular forms and could lead to more advances in number theory.

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Users of doomed operating system to receive unloved app via an update

Microsoft's new Outlook will be automatically installed on Windows 10 machines as part of an upcoming monthly security release.…

India's homegrown digital payments ecosystem, anchored by two systems, is challenging Visa and Mastercard's dominance in the world's most populous nation. The backbone is UPI, a nine-year-old bank-to-bank payment network that processes over 13 billion monthly transactions through QR codes and phone numbers, accounting for 71% of all transactions and 36% of consumer spending, according to Bernstein. RuPay, India's domestic card network, has leveraged its exclusive right to process credit card transactions through UPI to double its volume to $7.43 billion in fiscal 2025's first seven months. It now represents 28% of credit card transactions, up from 10% last year. Small merchants are adopting the system as RuPay only charges fees on transactions above $23.3. India's central bank has also mandated banks let customers choose their card network, ending exclusive deals with global providers.

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On the Fritz: German router maker AVM declines to appeal in device rights case after coughing up source code

Sebastian Steck, a software developer based in Germany, has obtained the source code and library installation scripts for his AVM FRITZ!Box 4020 router, thanks to a lawsuit funded by the Software Freedom Conservancy (SFC).…

An anonymous reader quotes a report from Crypto Briefing: The US Department of Justice (DOJ) has been authorized to sell approximately 69,370 Bitcoin seized in connection with the Silk Road darknet marketplace, a haul currently valued at around $6.5 billion, DB News reported Wednesday. The decision is set to end a years-long legal dispute over the BTC stash's ownership. On December 30, a federal judge ruled in favor of the DOJ's request to liquidate the crypto assets, the report said. Battle Born Investments, which had asserted a claim to the Bitcoin stash through a bankruptcy estate, ultimately failed in its bid to delay the sale. As noted, the group had pursued a Freedom of Information Act (FOIA) request seeking the identity of "Individual X," who initially surrendered Bitcoin, but the effort also proved unsuccessful. Battle Born's legal counsel criticized the DOJ's handling of the case, alleging the department employed "procedural trickery" in its use of civil asset forfeiture to avoid scrutiny. The DOJ, in its arguments before the court, cited Bitcoin's price volatility as motivation for seeking a quick sale of the seized assets. A DOJ spokesperson, when contacted, stated, "The Government will proceed further consistent with the judgment in this case." The update comes after the US Supreme Court refused to hear an appeal challenging the seizure of the Bitcoin stash, which was brought by Battle Born last October. The decision likely paved the way for the US government to sell Bitcoin, which was valued at $4.4 billion at the time. The US Marshals Service is expected to manage the liquidation process, which, if confirmed, will be one of the largest sales of seized crypto in history. Further reading: Judge Rejects Man From Retrieving $750 Million of Bitcoin From Landfill

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Old deadline of January 2025 being used to push victims into paying up

UK consumer champion Which? warns that scammers are using the ongoing phone line digital switchover program in Britain and Northern Ireland to trick customers into handing over their payment details.…

Hastings has a mystery to solve – how did all those customers get offered refunds?

UK insurer Hastings Direct had a few technical issues this week after some of its customers were told they'd receive refunds, only to have their hopes dashed by a hasty apology.…

An IT engineer from Wales lost a decade-long legal battle to recover a hard drive containing 8,000 Bitcoins from a Newport landfill. The hard drive, accidentally thrown away in 2013, is now valued between $700-750 million. crypto.news reports: However, Judge Keyser KC ruled there were no "reasonable grounds" for the claim, citing environmental concerns and the council's ownership of the landfill contents. The landfill reportedly holds 1.4 million tonnes of waste, but Howells claims to have pinpointed the hard drive's location to a 100,000-ton section. Reacting to the ruling, Howells expressed frustration, calling it a "kick in the teeth," according to the BBC.

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