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An anonymous reader shares a report: Oracle has told customers that a hacker broke into a computer system and stole old client log-in credentials, according to two people familiar with the matter. It's the second cybersecurity breach that the software company has acknowledged to clients in the last month. Oracle staff informed some clients this week that the attacker gained access to usernames, passkeys and encrypted passwords, according to the people, who spoke on condition that they not be identified because they're not authorized to discuss the matter. Oracle also told them that the FBI and cybersecurity firm CrowdStrike are investigating the incident, according to the people, who added that the attacker sought an extortion payment from the company. Oracle told customers that the intrusion is separate from another hack that the company flagged to some health-care customers last month, the people said.

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The climate crisis is on track to destroy capitalism, a top insurer has warned, with the vast cost of extreme weather impacts leaving the financial sector unable to operate. From a report: The world is fast approaching temperature levels where insurers will no longer be able to offer cover for many climate risks, said Günther Thallinger, on the board of Allianz SE, one of the world's biggest insurance companies. He said that without insurance, which is already being pulled in some places, many other financial services become unviable, from mortgages to investments. Global carbon emissions are still rising and current policies will result in a rise in global temperature between 2.2C and 3.4C above pre-industrial levels. The damage at 3C will be so great that governments will be unable to provide financial bailouts and it will be impossible to adapt to many climate impacts, said Thallinger, who is also the chair of the German company's investment board and was previously CEO of Allianz Investment Management. The core business of the insurance industry is risk management and it has long taken the dangers of global heating very seriously. In recent reports, Aviva said extreme weather damages for the decade to 2023 hit $2tn, while GallagherRE said the figure was $400bn in 2024. Zurich said it was "essential" to hit net zero by 2050.

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Jeff Bezos' other space business finally shows signs of life with launch scheduled for next week

The first batch of Amazon's Project Kuiper satellites is due to be lofted into orbit next week.…

Climate startup Aspiration, which boasted a roster of celebrity backers and arranged carbon credits for Meta Platforms, Microsoft and other large companies, filed bankruptcy weeks after its co-founder was arrested on fraud charges. From a report: CTN Holdings, as the company is now known, has about $170 million in debt. The goal of the bankruptcy is to sell its assets as quickly as possible in order to repay creditors, chief restructuring officer Miles Staglik said in a court filing. The pool of potential bidders is small and the nature of the CTN's ventures will likely require more cash and "long term horizons before any potential value could be realized for creditors," Staglik said. The bankruptcy was filed after co-founder Joseph Sanberg was charged by federal prosecutors with conspiring to defraud two investor funds of at least $145 million, according to a US Department of Justice announcement earlier this month. The charges involve his personal conduct and don't implicate CTN or its affiliates "in any criminal activity," said Staglik, a managing director at CR3 Partners that's been hired as CTN's restructuring adviser.

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Intel has unveiled a refresh of its iconic brand identity, introducing the slogan "That's the power of Intel Inside" to reconnect with consumers and highlight the chipmaker's role in modern computing. The new campaign resurrects the familiar "Intel Inside" theme that helped transform the company into a household name in the 1990s, when Intel's marketing strategy directly targeted consumers rather than system designers. Brett Hannath, Intel's chief marketing officer, said the message reflects the company's belief that its products can unlock potential for employees, customers, consumers and partners. The original "Intel Inside" campaign, launched in 1991, revolutionized tech marketing by making processors a key selling point for PCs with its recognizable sticker and five-note jingle. The strategy helped Intel differentiate itself from competitors like AMD and Cyrix during the PC market explosion.

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Despite promises of more efficient streaming, the AV1 video codec hasn't achieved widespread adoption seven years after its 2018 debut, even with backing from tech giants Netflix, Microsoft, Google, Amazon, and Meta. The Alliance for Open Media (AOMedia) claims AV1 is 30% more efficient than standards like HEVC, delivering higher-quality video at lower bandwidth while remaining royalty-free. Major services including YouTube, Netflix, and Amazon Prime Video have embraced the technology, with Netflix encoding approximately 95% of its content using AV1. However, adoption faces significant hurdles. Many streaming platforms including Max, Peacock, and Paramount Plus haven't implemented AV1, partly due to hardware limitations. Devices require specific decoders to properly support AV1, though recent products from Apple, Nvidia, AMD, and Intel have begun including them. "In order to get its best features, you have to accept a much higher encoding complexity," Larry Pearlstein, associate professor at the College of New Jersey, told The Verge. "But there is also higher decoding complexity, and that is on the consumer end."

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It's going to happen to you one day, so get your ducks in a row

As Benjamin Franklin famously said: "An ounce of prevention is worth a pound of cure," and that's especially true when it comes to disaster recovery.…

databasecowgirl writes: Commenting in The Times on the absurdity of Meta's copyright infringement claims, Caitlin Moran defines Schrodinger's economics: where a company is both [one of] the most valuable on the planet yet also too poor to pay for the materials it profits from. Ultimately "move fast and break things" means breaking other people's things. Or, possibly worse, going full 'The Talented Mr Ripley': slowly feeling so entitled to the things you are enamored of that you end up clubbing out the brains of your beloved in a boat.

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Arm-based silicon to help Google hardware muscle in on territory of Microsoft's own Arm-based PCs

MediaTek is bringing out a new chip for Chromebooks that blurs the boundary with Copilot+ PCs, sporting an 8-core CPU cluster and a neural processing unit (NPU) rated at 50 TOPS.…

Microsoft has pulled back on data center projects around the world, suggesting the company is taking a harder look at its plans to build the server farms powering artificial intelligence and the cloud. From a report: The software company has recently halted talks for, or delayed development of, sites in Indonesia, the UK, Australia, Illinois, North Dakota and Wisconsin, according to people familiar with the situation. Microsoft is widely seen as a leader in commercializing AI services, largely thanks to its close partnership with OpenAI. Investors closely track Microsoft's spending plans to get a sense of long-term customer demand for cloud and AI services. It's hard to know how much of the company's data center pullback reflects expectations of diminished demand versus temporary construction challenges, such as shortages of power and building materials. Some investors have interpreted signs of retrenchment as an indication that projected purchases of AI services don't justify Microsoft's massive outlays on server farms. Those concerns have weighed on global tech stocks in recent weeks, particularly chipmakers like Nvidia which suck up a significant share of data center budgets.

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Founder shares 4K Altair BASIC source ahead of 50th anniversary

Microsoft co-founder Bill Gates has shared the 1975 source code for Altair BASIC.…

Longtime Slashdot reader theodp writes: A coalition of Washington state business leaders -- which includes Microsoft President Brad Smith and Amazon Chief Legal Officer David Zapolsky -- released a letter Wednesday urging state lawmakers to reconsider recently proposed tax and budget measures. "I actually think it's an almost unprecedented outpouring of support from across the business community," said Microsoft's Smith in an interview. In their letter, which reads in part like it could have been penned by a GenAI Marie Antoinette, the WA business leaders question whether any more spending is warranted given how poorly Washington's 4th and 8th graders compare to children in the rest of the nation on test scores. The letter also laments the increase in WA's homeless population as it celebrates WA Governor Bob Ferguson's announcement that he would not sign a proposed wealth tax. From the letter: "We have long partnered with you in many areas, including education funding. Despite more than doubling K-12 spending and increasing teacher salaries to some of the highest rates in the nation, 4th and 8th grade assessment scores in reading and math are among the worst in the country. Similarly, we have collaborated with you to address housing and homelessness. Despite historic investments in affordable housing and homelessness prevention since 2013, Washington's homeless population has grown by 71 percent, making it the third largest in the nation after California and New York, according to HUD. These outcomes beg the question of whether more investment is needed or whether we need different policies instead." Back in 2010, Smith teamed with then-Microsoft CEO Steve Ballmer and then-Amazon CEO Jeff Bezos to fund an effort to defeat an initiative for a WA state income that was pushed for by Bill Gates Sr. In 2023, Bezos moved out of WA state before being subjected to a 7% tax on gains of more than $250,000 from the sale of stocks and bonds, a move that reportedly saved him $1.2 billion in WA taxes on his 2024 Amazon stock sales.

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Espionage? Botnets? Trying to exploit a zero-day?

Someone or something is probing devices made by Juniper Networks and Palo Alto Networks, and researchers think it could be evidence of espionage attempts, attempts to build a botnet, or an effort to exploit zero-day vulnerabilities.…

To be fair, it sounds like the team has ironed out the more controversial features

Comment The latest version of Zorin OS, a popular Windows-macOS-like Ubuntu Linux remix, looks good, but there's one change that causes this vulture some concern.…

ProtectEU plan wants to have its cake and eat it too

The EU has issued its plans to keep the continent's denizens secure and among the pages of bureaucratese are a few worrying sections that indicate the political union wants to backdoor encryption by 2026, or even sooner.…

Tariff moves threaten supply chain stability

The cost of buying servers for business will inevitably rise as a result of US President Donald Trump's trade policies, at least in the short term, as uncertainty grips the supply chain.…

The European Space Agency's short film Space Debris: Is it a Crisis? highlights the growing danger of orbital clutter, warning that "70% of the 20,000 satellites ever launched remain in space today, orbiting alongside hundreds of millions of fragments left behind by collisions, explosions and intentional destruction." Inkl reports: The approximately eight-minute-long film "Space Debris: Is it a Crisis?" attempts to answer its conjecture with supportive statistics and orbital projections. [...] The film also mentions that the kind of Earth orbit matters when discussing whether we're in a space junk "crisis" -- though unfortunately, orbits at risk appear to be those with satellites that help with communication and navigation, as well as our fight against another primarily human-driven crisis: global warming. Still, the film emphasizes that solutions ought to be thought of carefully: "True sustainability is complex, and rushed solutions risk creating the problem of burden-shifting." You can watch the film on ESA's website.

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Recovery's never been harder in today's tangled, outsourced infrastructure

Comment Disaster recovery is getting tougher as IT estates sprawl across on-prem gear, public cloud, SaaS, and third-party ITaaS providers. And it's not floods or fires causing most outages anymore - ransomware now leads the pack, taking down systems faster than any natural disaster.…

Former official also points to processes driving up the cost of IT investment

The UK government does not have a clear picture of what it is spending on digital technology, and its approach to buying associated services and products drives up the cost of investment, MPs have heard.…

Think tank report backs data mining for machine learning, leaving artists and rights holders behind

Opinion Former UK prime minister Tony Blair became famous for standing shoulder to shoulder with allies, even though the fallout from the Iraq war forever sullied his reputation. Nonetheless, the institute that bears his name makes it clear who it stands with when it comes to using copyrighted material to fuel the expansion of machine learning into every human domain.…