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An anonymous reader shares a report: In October, PUBG and Subnautica 2 publisher Krafton announced that it would be undergoing a "complete reorganization" to become an "AI-first" company, planning to invest over 130 billion won ($88 million) in agentic AI infrastructure and deployment beginning in 2026. This week, as it boasts record-breaking quarterly profits, the Korean publisher has followed that strategic shift by launching a voluntary resignation program for its domestic employees, according to Business Korea reporting.
The program, announced internally, offers substantial buyouts for domestic Krafton employees based on their length of employment at the publisher. Severance packages range from 6 months' salary for employees with one year or less of service to 36 months' salary for employees who've worked at Krafton for over 11 years. The voluntary resignation program follows a November 4 earnings call in which Krafton announced a record quarterly profit of $717 million. During the call, Krafton CFO Bae Dong-geun indicated that Krafton had also halted hiring for new positions, telling investors that "excluding organizations developing original intellectual property and AI-related personnel, we have frozen hiring company-wide."
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Advisory updated as leading cybercrime crew opens up its target pool
The US Cybersecurity and Infrastructure Security Agency (CISA) has issued new guidance to organizations on the Akira ransomware operation, which poses an imminent threat to critical sectors.…
Company behind THESPECTRUM brings the holiday season early for retro computing fans
Retro Games Ltd (RGL), the company behind THESPECTRUM and THEA500 Mini, has started accepting pre-orders for its full-size Amiga 1200 replica, THEA1200.…
One of the most common viruses in the world could be the cause of lupus, an autoimmune disease with wide-ranging symptoms, according to a new study. From a report: Until now, lupus was somewhat mysterious: No single root cause of the disease had been found, and while there is no cure, there are medications that can treat it.
The research, published in the journal Science Translational Medicine, suggests that Epstein-Barr virus -- which 95% of people acquire at some point in life -- could cause lupus by driving the body to attack its own healthy cells.
It adds to mounting evidence that Epstein-Barr is associated with multiple long-term health issues, including other autoimmune conditions. As this evidence stacks up, scientists have accelerated calls for a vaccine that targets the virus.
"If we now better understand how this fastidious virus is responsible for autoimmune diseases, I think it's time to figure out how to prevent it," said Dr. Anca Askanase, clinical director of the Lupus Center at Columbia University, who wasn't involved in the new research.
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Original spacecraft deemed unsafe after cracks spotted in window
The Shenzhou-20 astronauts have returned to Earth on the Shenzhou-21 spacecraft after engineers deemed the Shenzhou-20 vehicle unsafe following a debris strike while it was docked to the Tiangong space station.…
Linux-powered PC, Arm VR headset, and refreshed controller all land on pre-order for next year
The holiday season is almost upon us, but the new gear on gamers' wish lists won't arrive until next year.…
Brussels reviewing proposal as Mountain View insists it will appeal antitrust ruling
Google has proposed a plan to the European Commission aimed at addressing antitrust concerns following a €2.95 billion fine imposed on the company for its online advertising practices.…
Abstract of a working paper [PDF] published by NBER: This paper examines the impact of the UK's decision to leave the European Union (Brexit) in 2016. Using almost a decade of data since the referendum, we combine simulations based on macro data with estimates derived from micro data collected through our Decision Maker Panel survey. These estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%, with the impact accumulating gradually over time.
We estimate that investment was reduced by between 12% and 18%, employment by 3% to 4% and productivity by 3% to 4%. These large negative impacts reflect a combination of elevated uncertainty, reduced demand, diverted management time, and increased misallocation of resources from a protracted Brexit process. Comparing these with contemporary forecasts -- providing a rare macro example to complement the burgeoning micro-literature of social science predictions -- shows that these forecasts were accurate over a 5-year horizon, but they underestimated the impact over a decade.
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AI, cybersecurity, and geopolitical jitters forecast to push market to $1.4T next year
IT spending in Europe will grow 11 percent next year to hit $1.4 trillion amid a desire for cloud sovereignty, according to Gartner.…
Exploring the evolving relationship between human engineers and their algorithmic assistants
Feature Artificial intelligence is rapidly reshaping the way software gets built, tested, and maintained — but not in the simplistic, headline-grabbing sense of "AI replacing developers."…
An anonymous reader quotes a report from Reuters: Singapore's central bank will hold trials to issue tokenized MAS bills next year and bring in laws to regulate stablecoins as it presses forward with plans to build a scalable and secure tokenised financial ecosystem, the bank's top official said on Thursday. "Tokenization has lifted off the ground. But have asset-backed tokens achieved escape velocity? Not yet," said Chia Der Jiun, Managing Director of the Monetary Authority of Singapore (MAS), a keynote address at the Singapore FinTech Festival.
He said MAS has been working on the details of its stablecoin regulatory regime and will prepare draft legislation, with the emphasis on "sound reserve backing and redemption reliability."
MAS is also supporting trials under the BLOOM initiative, which explores the use of tokenized bank liabilities and regulated stablecoins for settlement, he added. "In the CBDC space, I am pleased to announce that the three Singapore banks, DBS, OCBC, and UOB, have successfully conducted interbank overnight lending transactions using the first live trial issuance of Singapore dollar wholesale CBDC," he said. MAS will expand trials to include tokenized MAS bills settled with CBDC, he added.
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Public Accounts Committee tears into department responsible for the most dangerous breach in British history
The UK Parliament's Public Accounts Committee (PAC) says the Ministry of Defence (MoD) has failed to appropriately improve its data protection mechanisms, three years after the infamous 2022 Afghan data breach.…
Why Musk won't ever realize the shareholder-approved Tesla payout
Opinion At Tesla's annual shareholder meeting in Austin, Texas, more than 75 percent of voting shares backed a compensation deal for CEO Elon Musk that would make him history's first trillionaire.…
Windows giant disagrees and plans to appeal
Microsoft's attempt to claim that its software can't be resold has hit a wall at the UK Competition Appeal Tribunal, which decided that Office having clipart does not mean customers can't sell their licenses on.…
Watchdog says program buckled under procurement failures and technical complexity
The UK's state-owned savings bank has blown past its budget by £1.3 billion on a digital transformation program beset by delays, according to the National Audit Office.…
According to Car and Driver, Hyundai has suffered a data breach that leaked the personal data of up to 2.7 million customers. The leak reportedly took place in February from Hyundai AutoEver, the company's IT affiliate. It includes customer names, driver's license numbers, and social security numbers. Longtime Slashdot reader sinij writes: Thanks to tracking modules plaguing most modern cars, that data likely includes the times and locations of customers' vehicles. These repeated breaches make it clear that, unlike smartphone manufacturers that are inherently tech companies, car manufacturers collecting your data are going to keep getting breached and leaking it.
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Cybercrime crew has ravaged multiple private organizations using Oracle EBS zero-day for months
The UK's National Health Service (NHS) is investigating claims of a cyberattack by extortion crew Clop.…
FOMO trumps corporate governance when it comes to AI
More than two-thirds of corporate executives say they've violated their own AI usage policies in the past three months, and over half of the leaders also ranked security and compliance as the greatest AI implementation challenge.…
Org chart games were more important than speed and accuracy
On Call Welcome once again to On Call, The Register's reader-contributed column in which we tell your tales of tech support troubles and other workplace woes.…
Amazon announced that its satellite broadband project called Project Kuiper will now be known as Amazon Leo. GeekWire reports: Leo is a nod to "low Earth orbit," where Amazon has so far launched more than 150 satellites as part of a constellation that will eventually include more than 3,200. In a blog post, Amazon said the 7-year-old Project Kuiper began "with a handful of engineers and a few designs on paper" and like most early Amazon projects "the program needed a code name." The team was inspired by the Kuiper Belt, a ring of asteroids in the outer solar system.
A new website for Amazon Leo proclaims "a new era of internet is coming," as Amazon says its satellites can help serve "billions of people on the planet who lack high-speed internet access, and millions of businesses, governments, and other organizations operating in places without reliable connectivity." Amazon said it will begin rolling out service once it's added more coverage and capacity to the network. Details about pricing and availability haven't been announced.
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