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Walmart is expanding its offerings of prepaid phone plans with MobileX, a wireless service launched earlier this year by Boost cofounder Peter Adderton. Walmart will be MobileX's first and exclusive retail partner, the companies said in an announcement Tuesday. From a report: MobileX, which uses Verizon's network through a wholesale agreement, will be available on Walmart's website and in stores starting Tuesday, the companies said. It will offer unlimited pay-as-you go plans starting at $14.88 per month, and a lower-cost plan with customizable offerings starting at $4.08 a month. An artificial intelligence-powered guide that can anticipate a customer's data needs can customize plans tailored to their usage, the company said in a statement. [...] Walmart gives MobileX, which launched online in February, more visibility as a low-cost alternative to more expensive monthly plans from the big three wireless carriers. Still, cheap mobile services have had a difficult time dislodging people from more expensive plans. Many subscribers are locked into two and three-year phone payment plans and even those that could switch say the hassle is not worth the savings.

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CIA, FBI and friends using AI to uncover threats? What could possibly go wrong?

US spies are reportedly developing their own AI chatbot in a move to top China's prowess.…

Microsoft is releasing one of its biggest updates to Windows 11 today. It includes access to the new Windows Copilot, AI-powered updates to Paint, Snipping Tool, and Photos, RGB lighting support, a modernized File Explorer, and much more. From a report: Windows Copilot is the big new feature for this Windows 11 update, bringing the same Bing Chat feature straight to the Windows 11 desktop. It appears as a sidebar in Windows 11, allowing you to control settings on a PC, launch apps, or simply answer queries. Microsoft is integrating Copilot into many parts of Windows, too. Copilot will essentially exist as an AI-powered digital assistant, much like Microsoft's vision for Cortana. While Microsoft shut down the Cortana app inside Windows 11 last month, Copilot looks like it's very much Microsoft's big push into AI. Microsoft is also adding AI-powered features to Paint, Snipping Tool, and Windows 11's Photos app. Microsoft Paint is getting Photoshop-like features, with support for transparency and layers. [...] File Explorer is getting a more modern look with this Windows 11 update. The updated File Explorer UI includes a modern home interface with large file thumbnails and a carousel interface that can surface recent files and favorited ones. These changes make File Explorer blend in better with the overall Windows 11 design.

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Search giant's latest subsea cable will feed your YouTube addiction

Updated Google is building a new subsea cable, due to come online in 2026, that will connect South Carolina to Portugal with a layover in Bermuda.…

Microsoft's push to put artificial intelligence into its software has hinged almost entirely on OpenAI, the startup Microsoft funded in exchange for the right to use its cutting-edge technology. But as the costs of running advanced AI models rise, Microsoft researchers and product teams are working on a plan B. The Information: In recent weeks, Peter Lee, who oversees Microsoft's 1,500 researchers, directed many of them to develop conversational AI that may not perform as well as OpenAI's but that is smaller in size and costs far less to operate, according to a current employee and another person who recently left the company. Microsoft's product teams are already working on incorporating some of that Microsoft-made AI software, powered by large language models, in existing products, such as a chatbot within Bing search that is similar to OpenAI's ChatGPT, these people said. [...] Microsoft's research group doesn't have illusions about developing a large AI like GPT-4. The team doesn't have the same computing resources as OpenAI, nor does it have armies of human reviewers to give feedback about how well their LLMs answer questions so engineers can improve them. Undeniably, OpenAI and other developers -- including Google and Anthropic, which on Monday received $4 billion from Amazon Web Services -- are firmly ahead of Microsoft when it comes to developing advanced LLMs. But Microsoft may be able to compete in a race to build AI models that mimic the quality of OpenAI software at a fraction of the cost, as Microsoft showed in June with the release of one in-house model it calls Orca.

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In measure of fakery, Musk's social media biz has highest noise-to-signal ratio

European Commission veep Vera Jourova said in a speech on Tuesday that Elon Musk's social media service X, formerly known as Twitter, has the highest ratio of disinformation among large social media platforms.…

OpenAI is talking to investors about a possible share sale that would value the artificial-intelligence startup behind ChatGPT at between $80 billion to $90 billion, almost triple its level earlier this year, WSJ reported Tuesday, citing people familiar with the discussions. From the report: The startup, which is 49% owned by Microsoft, has told investors that it expects to reach $1 billion in revenue this year and generate many billions more in 2024. OpenAI generates revenue mainly by charging individuals for access to a powerful version of ChatGPT and licensing the large language models behind that AI bot to businesses.

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Private equity firms have been increasingly adding another layer of debt to their complex borrowing arrangements, raising concern among some investors about potential risks to the wider industry and the financial system. Bloomberg: Hit by a drought of deals and dwindling cash, some buyout firms are starting to resort to backroom financing to help meet fund commitments or enable succession planning. The loans -- backed by assets including the promise of future income -- carry interest of as much as 19%, a rate that's more akin to the charges faced by consumers rather than corporate borrowing. Even a junk-rated company in the US paid 10% on a bond recently. Those high costs aren't deterring private equity firms and experts say demand is at an all-time high. While some of the biggest lenders -- such as Carlyle Group -- say these debts are relatively safe, others are already starting to take precautions by adding covenants that enable seizure of other underlying fund assets, highlighting worries about possible losses. Some are warning of perils when a firm faces claims from more than one type of loan simultaneously. "If the value of the fund drops, for example, you're looking at a margin call situation," said Jason Meklinsky, chief revenue and strategy officer at Socium Fund Services, a New Jersey-based firm that helps administer PE portfolios. "It would be like a volcano meets a tornado." For an industry long used to easy money, the rush for such loans marks a reversal in fortune. Buyout firms have been battling rising interest rates and economic uncertainty, forcing takeover volumes to almost halve this year. Cash on hand at PEs is near the lowest since at least 2008, according to data from PitchBook.

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Khan's been waiting for years to file this case - she better hope her aim is good

The FTC - and 17 state attorneys general - have come out swinging at Amazon with a lawsuit accusing the ecommerce giant of being a monopolist. …

An anonymous reader shares a report: Eddy Cue, in a dark suit, peered down at the monitor in front of him. The screens in the Washington, DC, courtroom had briefly malfunctioned and left witnesses with only binders, but now the tech was up and running -- showing an image of three iPhones, each demonstrating a part of the phone's setup process. Cue squinted down at the screen. "The resolution on this is terrible," he said. "You should get a Mac." That got some laughs in an otherwise staid and quiet courtroom. Judge Amit Mehta, presiding over the case, leaned into his microphone and responded, "If Apple would like to make a donation..." That got even bigger laughs. Then everybody got back down to business. Cue was on the stand as a witness in US v. Google, the landmark antitrust trial over Google's search business. Cue is one of the highest-profile witnesses in the case so far, in part because the deal between Google and Apple -- which makes Google the default search engine on all Apple devices and pays Apple billions of dollars a year -- is central to the US Department of Justice's case against Google. Cue had two messages: Apple believes in protecting its users' privacy, and it also believes in Google. Whether those two statements can be simultaneously true became the question of the day. Apple is in court because of something called the Information Services Agreement, or ISA: a deal that makes Googleâ(TM)s search engine the default on Apple's products. The ISA has been in place since 2002, but Cue was responsible for negotiating its current iteration with Google CEO Sundar Pichai in 2016. In testimony today, the Justice Department grilled Cue about the specifics of the deal. When the two sides renegotiated, Cue said on the stand, Apple wanted a higher percentage of the revenue Google made from Apple users it directed toward the search engine. [...] Meagan Bellshaw, a Justice Department lawyer, asked Cue if he would have walked away from the deal if the two sides couldn't agree on a revenue-share figure. Cue said he'd never really considered that an option: "I always felt like it was in Google's best interest, and our best interest, to get a deal done." Cue also argued that the deal was about more than economics and that Apple never seriously considered switching to another provider or building its own search product. "Certainly there wasn't a valid alternative to Google at the time," Cue said. He said there still isn't one.

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iGiant says Rivos poached talent and SoC designs in '22

A chip startup and several of its employees are being sued by Apple for theft of trade secrets and breach of contract and filed a countersuit. …

New submitter AsylumWraith shares a report: The US government aims to restore sweeping regulations for high-speed internet providers, such as AT&T, Comcast and Verizon, reviving "net neutrality" rules for the broadband industry -- and an ongoing debate about the internet's future. The proposed rules from the Federal Communications Commission will designate internet service -- both the wired kind found in homes and businesses as well as mobile data on cellphones -- as "essential telecommunications" akin to traditional telephone services, according to multiple people familiar with the plan. The rules would ban internet service providers (ISPs) from blocking or slowing down access to websites and online content, the people told CNN. Agency chairwoman Jessica Rosenworcel plans to unveil the proposal in a speech at the National Press Club on Tuesday, the people added, saying the FCC plans to vote Oct. 19 on whether to advance the draft rules by soliciting public feedback on them -- a step that would precede the creation of any final rules. In addition to the prohibitions on blocking and throttling internet traffic, the draft rules also seek to prevent ISPs from selectively speeding up service to favored websites or to those that agree to pay extra fees, the people added, a move designed to prevent the emergence of "fast lanes" on the web that could give some websites a paid advantage over others.

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US intelligence agencies are getting their own ChatGPT-style tool to sift through an avalanche of public information for clues. From a report: The Central Intelligence Agency is preparing to roll out a feature akin to OpenAI's now-famous program that will use artificial intelligence to give analysts better access to open-source intelligence, according to agency officials. The CIA's Open-Source Enterprise division plans to provide intelligence agencies with its AI tool soon. "We've gone from newspapers and radio, to newspapers and television, to newspapers and cable television, to basic internet, to big data, and it just keeps going," Randy Nixon, director of the division, said in an interview. "We have to find the needles in the needle field." It's part of a broader government campaign to harness the power of AI and compete with China, which is seeking to become the global leader in the field by 2030. That US push dovetails with the intelligence community's struggle to process the vast amounts of data that's now publicly available, amid criticism that it's been slow to exploit that source. The CIA's AI tool will allow users to see the original source of the information that they're viewing, Nixon said. He said that a chat feature is a logical part of getting intelligence distributed quicker.

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More precise timing tests find many implementations vulnerable

An engineer has identified longstanding undetected flaws in a 25-year-old method for encrypting data using RSA public-key cryptography.…

Check out the raw data yourself... if you dare

Cloud-based storage and backup provider Backblaze has published the latest report on usage data gathered from its solid state drives (SSDs), asking if they show the same failure pattern as hard drives.…

The Federal Trade Commission and 17 states on Tuesday sued Amazon, alleging the online retailer illegally wields monopoly power that keeps prices artificially high, locks sellers into its platform and harms its rivals. WSJ: The FTC's lawsuit, filed in Seattle federal court, marks a milestone in the Biden administration's aggressive approach to enforcing antitrust laws and has been anticipated for months. The agency's chair, Lina Khan, is a longtime critic of Amazon who wrote in the Yale Law Journal in 2017 that earlier generations of competition cops and courts abandoned the law's concerns over conglomerates such as Amazon. The FTC and states alleged that Amazon violated antitrust laws by using anti-discounting measures that punished merchants for offering lower prices elsewhere. The government also said sellers on Amazon were compelled to use its logistics service if they want their goods to appear in Amazon Prime, the subscription program whose perks include faster shipping times, the FTC said.

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Oh MI word: In the AI race, any accelerator beats none at all

Machine learning startup Lamini revealed its large language model (LLM) refining platform was running "exclusively" on The House of Zen's silicon.…

An anonymous reader shares a report: Why is it that so many companies that rely on monetizing the data of their users seem to be extremely hot on AI? If you ask Signal president Meredith Whittaker (and I did), she'll tell you it's simply because "AI is a surveillance technology." Onstage at TechCrunch Disrupt 2023, Whittaker explained her perspective that AI is largely inseparable from the big data and targeting industry perpetuated by the likes of Google and Meta, as well as less consumer-focused but equally prominent enterprise and defense companies. "It requires the surveillance business model; it's an exacerbation of what we've seen since the late '90s and the development of surveillance advertising. AI is a way, I think, to entrench and expand the surveillance business model," she said. "The Venn diagram is a circle." "And the use of AI is also surveillant, right?" she continued. "You know, you walk past a facial recognition camera that's instrumented with pseudo-scientific emotion recognition, and it produces data about you, right or wrong, that says 'you are happy, you are sad, you have a bad character, you're a liar, whatever.' These are ultimately surveillance systems that are being marketed to those who have power over us generally: our employers, governments, border control, etc., to make determinations and predictions that will shape our access to resources and opportunities."

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Delta Air Lines earlier this month revamped its SkyMiles program to prioritize dollars spent over miles flown for status. This shift positions SkyMiles more as a program for high spenders than frequent flyers, causing dissatisfaction among many, including industry insiders. Historically, airline regulations, controlled by the government, ensured fair pricing until deregulation in 1978. This deregulation spurred airlines to introduce competitive strategies, transforming frequent-flyer programs into intricate points systems. These programs now, a piece in The Atlantic argues, closely resemble financial systems, with airlines minting and selling points for profit. From the report: Here's how the system works now: Airlines create points out of nothing and sell them for real money to banks with co-branded credit cards. The banks award points to cardholders for spending, and both the banks and credit-card companies make money off the swipe fees from the use of the card. Cardholders can redeem points for flights, as well as other goods and services sold through the airlines' proprietary e-commerce portals. For the airlines, this is a great deal. They incur no costs from points until they are redeemed -- or ever, if the points are forgotten. This setup has made loyalty programs highly lucrative. Consumers now charge nearly 1 percent of U.S. GDP to Delta's American Express credit cards alone. A 2020 analysis by the Financial Times found that Wall Street lenders valued the major airlines' mileage programs more highly than the airlines themselves. United's MileagePlus program, for example, was valued at $22 billion, while the company's market cap at the time was only $10.6 billion. Is this a good deal for the American consumer? That's a trickier question. Paying for a flight or a hotel room with points may feel like a free bonus, but because credit-card-swipe fees increase prices across the economy -- Visa or Mastercard takes a cut of every sale -- redeeming points is more like getting a little kickback. Certainly the system is bad for Americans who don't have points-earning cards. They pay higher prices on ordinary goods and services but don't get the points, effectively subsidizing the perks of card users, who tend to be wealthier already.

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Slash_Account_Dot writes: A federal counterintelligence agency tracking hackers has bought data harvested from the backbone of the internet by a private company because it was easier and took less time than getting similar data from the NSA, according to internal U.S. government documents. According to the documents, going through an agency like the NSA could take "days," whereas a private contractor could provide the same data instantly. The news is yet another example of a government agency turning to the private sector for novel datasets that the public is likely unaware are being collected and then sold.

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