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Ratings agency points out there's a risk of relying on a small number of buyers

Ratings agency Moody's has pointed to the dangers inherent in Oracle's $300 billion agreement with OpenAI - one of the deals contributing to a staggering $455 billion pipeline of obligations for Big Red's cloud infrastructure.…

The US will charge companies $100,000 for each new H-1B visa starting February 2026 under Project Firewall. According to a new analysis, the fee exceeds average H-1B salaries at firms like TCS where engineers earn $105,000 annually. Previous visa costs ranged from $2,000 to $33,000. Indians hold an estimated 70% of H-1B visas. The fee eliminates five to six years of profit per engineer. Typical engineers deployed to American client sites generate $150,000 to $200,000 in annual billings at 10% operating margins, producing $15,000 to $20,000 in yearly profit. J.P. Morgan states the move "prices out the utility of H-1B as a source of labor supply." But it might not be bad for the IT giants. Major Indian IT firms derive only 0.2% to 2.2% of their workforce from H-1B approvals after years of reducing visa dependence, according to India Dispatch. New approvals alone account for under 0.4% of headcount. Morgan Stanley estimates companies could offset 60% of the financial impact through increased offshoring and selective price increases. The net damage to operating profit would stay contained at around 50 basis points or a 3% to 4% hit to earnings spread across the renewal cycle. Companies plan to accelerate geographic arbitrage by routing more work to India, Canada, and Latin America. Firms can maintain their existing visa holder base while letting normal turnover occur over three to six years.

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Thinnest yet still fixable, though not without effort

iFixit has given Apple's slimline new smartphone, the iPhone Air, a thumbs-up for repairability, praising its easy access to key components, despite being the thinnest handset Cupertino has built so far.…

Airport staff revert to manual ops as travellers urged to use self-service check-in where possible

The EU's cybersecurity agency today confirmed that ransonmware is the cause of continued disruption blighting major airports across Europe.…

Protected content in some Blu-ray and DVD applications broken

Microsoft has added another entry to its growing list of problematic updates in the Windows Hall of Shame, this time causing Digital TV and Blu-ray applications to stutter and freeze when playing protected content.…

It's not just glitches at the launch of the Meta Ray-Ban Display smart glasses... The New York Times remains skeptical of its market share: [Meta's] smart glasses remain a niche. As of February, Meta had sold about two million of its $300 Ray-Ban Meta camera glasses since their 2023 debut, and it hopes to sell 10 million annually by the end of 2026, which is a tiny amount for a company this size. In the last decade, Meta has spent over $100 billion on its virtual and augmented reality division, which includes its smart glasses and is not profitable. Last quarter, the division reported a $4.5 billion loss, nearly the same as a year ago. "Meta's Smart Glasses Might Make You Smarter. They'll Certainly Make You More Awkward," joked a recent Wired headline. But the Wall Street Journal does report there's "a growing group of blind users... finding the devices to be more of a life-enhancing tool than a cool accessory." Jonathan Mosen, executive director at the nonprofit National Federation of the Blind said he'd like to see Meta continue to invest in the glasses. "It's giving significant accessibility benefits at a price point people can afford." He has used them a few times to record video of ride-share drivers refusing to give him and his wife a ride because she travels with a guide dog. Denying rides to people with service animals is illegal in many countries, including the U.S. Another concern for blind users is that AI assistants in general are prone to making errors, or so-called hallucinations, which may not be apparent. Aaron Preece, who is blind and editor in chief of American Foundation for the Blind's AccessWorld magazine, said Meta's glasses recently failed to correctly read the number on the door to his home. "I just can't trust it," he said. "It's more of a novelty than something I'd use on a day-to-day basis." When it comes to innovative technology, CNET seems more excited about Meta's display-controlling "neural wristband" accessory. Instead of camera-based hand tracking, these muscle-sensing bands "can register gestural moves like pinches, taps, thumb swipes, and maybe even typing over time..."

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Automaker insists only names and emails exposed, no financials

Car giant Stellantis is admitting that attackers targeted one of its third-party partners, spilling its own customers' details in the process.…

It's one small sip for man...

British boffins say they've discovered a way of taking one of the country's favorite pastimes – having a nice cup of tea – into outer space.…

Darwin would understand microkernels. We need microkernels that understand Darwin.

Opinion The IT industry is not only full of sharks, it has shark nature itself. It must keep moving forward to survive. Not all sharks are obligate ram ventilators, and not all IT changes all the time, but without innovation the sector would curdle and die.…

Project rated at 'Red' risk as it struggles to move off obsolete Oracle tech and cloud transition stalls

The risk rating of the UK's crime intelligence database is being elevated to "Red" by the governments projects' watchdog as the DB struggles to migrate from a legacy Oracle platform.…

Lloyds Data and AI lead doesn't want devs downloading models from the likes of Hugging Face – too risky

Lloyds Banking Group is leaning into 21st century tech - yet trying to do so in a way that the data of its 28 million customers is kept away from untested AI models developers might be tempted to deploy.…

Reddit's content became AI training data last year when Google signed a $60 million-per-year licensing agreement. But now Reddit is "in early talks" about a new deal seeking "deeper integration with Google's AI products," reports Bloomberg (citing executives familiar with the discussions). And Reddit also wants "a deal structure that could allow for dynamic pricing, where the social platform can be paid more" — with both Google and OpenAI — to "adequately reflect how valuable their data has been to these platforms..." Such licensing agreements are becoming more common as AI companies seek legal ways to train their models. OpenAI has also struck a series of partnership agreements with major media publishers such as Axel Springer SE, Time and Conde Nast to use their content in ChatGPT... Reddit remains among the most cited sources across AI platforms, according to analytics company Profound AI. However, Reddit executives have noticed that traffic coming from Google has limited value, as users seeking answers to a specific question often don't convert into becoming active Redditors, the people said. Now, Reddit is engaging with product teams at Google in hopes of finding ways to send more of its users deeper into its ecosystem of community forums, according to the executives. In return, Reddit is looking for ways to provide more high-quality data to its AI partners. Discussions between Reddit and Google have been productive, the people said. "We're midflight in our data licensing deals and still learning, but what we have seen is that Reddit data is highly cited and valued," Reddit Chief Operating Officer Jen Wong said on July 31 during a call with investors. "We'll continue to evaluate as we go."

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Revenge on managers who slow things down is a drink best served with floating fungus

Who, Me? The world of work can sometimes drive IT pros to drink, leaving them more likely to make the sort of mistakes that The Register celebrates each week in Who, Me? It’s our reader-contributed column in which you share stories of making a mess at work, and cleaning up afterwards to the best of your ability.…

The Register looks forward to learning more about a possible Dell hyperscale sovereign social SaaS platform

Dell CEO Michael Dell is part of the consortium that intends to acquire TikTok’s US operations, according to US president Donald Trump.…

‘Cyber-attack’ on ticketing outfit Collins and cable cuts at Dallas ground hundreds of flights

Technology problems hit the commercial aviation industry hard over the weekend, leading to hundreds of cancelled flights and myriad delays on both sides of the Atlantic.…

"New research suggests ash and soot from burning wildlands has caused more than 41,000 excess deaths annually from 2011 to 2020," reports the Los Angeles Times: By 2050, as global warming makes large swaths of North America hotter and drier, the annual death toll from smoke could reach between 68,000 and 71,000, without stronger preventive and public health measures... In the span studied, millions of people were exposed to unhealthful levels of air pollution. When inhaled, this microscopic pollution not only aggravates people's lungs, it also enters the bloodstream, provoking inflammation that can induce heart attacks and stroke. For years, researchers have struggled to quantify the danger the smoke poses. In the paper published in Nature, they report it's far greater than public health officials may have recognized. Yet most climate assessments "don't often include wildfire smoke as a part of the climate-related damages. And it turns out, by our calculation, this is one of the most important climate impacts in the U.S." The study also estimates a higher number of deaths than previous work in part because it projected mortality up to three years after a person has been exposed to wildfire smoke. It also illustrates the dangers of smoke drifting from fire-prone regions into wetter parts of the country, a recent phenomenon that has garnered more attention with large Canadian wildfires contributing to hazy skies in the Midwest and East Coast in the last several years. "Everybody is impacted across the U.S.," said Minghoa Qiu [lead author and assistant professor at Stony Brook University]. "Certainly the Western U.S. is more impacted. But the Eastern U.S. is by no means isolated from this problem."

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PLUS: India ponders tax breaks for datacenters; Samsung plans hiring spree; Taliban bans fiber internet; and more

Asia In Brief Huawei last week revealed that China’s Zhejiang University used its Ascend 1000 accelerators to create a version of DeepSeek’s R1 model that improves on the original by producing fewer responses that China’s government would rather avoid.…

Many Apple Watches will soon be able to alert users about possible high blood pressure, reports Reuters — culminating six years of research and development: Apple used AI to sort through the data from 100,000 people enrolled in a heart and movement study it originally launched in 2019 to see whether it could find features in the signal data from the watch's main heart-related sensor that it could then match up with traditional blood pressure measurements, said Sumbul Ahmad Desai [Apple's vice president of health]. After multiple layers of machine learning, Apple came up with an algorithm that it then validated with a specific study of 2,000 participants. Apple's privacy measures mean that "one of the ironies here is we don't get a lot of data" outside of the context of large-scale studies, Desai said. But data from those studies "gives us a sense of, scientifically, what are some other signals that are worth pulling the thread on ... those studies are incredibly powerful." The feature, which received approval from the U.S. Food and Drug Administration, does not measure blood pressure directly, but notifies users that they may have high blood pressure and encourages them to use a cuff to measure it and talk to a doctor. Apple plans to roll out the feature to more than 150 countries, which Ami Bhatt, chief innovation officer of the American College of Cardiology, said could help people discover high blood pressure early and reduce related conditions such as heart attacks, strokes and kidney disease. Bhatt, who said her views are her own and do not represent those of the college, said Apple appears to have been careful to avoid false positives that might alarm users. But she said the iPhone maker should emphasize that the new feature is no substitute for traditional measurements and professional diagnosis. The article notes that the feature will be available in Apple Watch Series 11 models that go on sale on Friday, as well as models back to the Apple Watch Series 9.

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PLUS: Luxury brands under fire; FBI warns crims are spoofing it again; ICE buys phone cracking software

Infosec in brief Online criminals prefer to deal in digital assets, but a side effect of a ransomware attack has seen a French museum robbed of $705,000 in physical gold nuggets.…

"Astronomers have spotted a quasi-moon near Earth," reports CNN, "and the small space rock has likely been hanging out near our planet unseen by telescopes for about 60 years, according to new research." The newly discovered celestial object, named 2025 PN7, is a type of near-Earth asteroid that orbits the sun but sticks close to our planet. Like our world, 2025 PN7 takes one year to complete an orbit around the sun... The newly found 2025 PN7 is just one of a handful of known quasi-moons with orbits near our planet, including Kamo'oalewa, which is also thought to be an ancient lunar fragment. Kamo'oalewa is one of the destinations of China's Tianwen-2 mission launched in May, which aims to collect and return samples from the space rock in 2027. The Pan-STARRS observatory located on the Haleakala volcano in Hawaii captured observations of 2025 PN7 on August 29. Archival data revealed that the object has been in an Earth-like orbit for decades. The quasi-moon managed to escape the notice of astronomers for so long because it is small and faint, said Carlos de la Fuente Marcos, a researcher on the faculty of mathematical sciences at the Complutense University of Madrid who recently authored a paper about the space rock. The paper was published on September 2 in the journal Research Notes of the American Astronomical Society, which is for timely non-peer-reviewed astronomical observations. The space rock swings within 186,000 miles (299,337 kilometers) of us during its closest pass of our planet, de la Fuente Marcos said.... "It can only be detected by currently available telescopes when it gets close to our planet as it did this summer," de la Fuente Marcos explained. "Its visibility windows are few and far between. It is a challenging object...." Astronomers are still trying to figure out 2025 PN7's size. About 98 feet (30 meters) across is a reasonable estimate, de la Fuente Marcos said. It also has the potential to be 62 feet (19 meters) in diameter, according to EarthSky. The space rock is currently the smallest-known quasi-moon to have orbited near Earth, de la Fuente Marcos said.

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