Slashdot

According to the Financial Times, Fidelity Investments is in advanced stages of developing its own stablecoin. Binance reports: The Boston-based financial services giant plans for the token to serve as a form of digital cash, according to the report, which cites two people close to the matter. The token would form part of company's strategy to enter the tokenized government bonds market. Stablecoins are a cryptocurrency whose value is pegged to a real-world asset such as the U.S. dollar or gold. They provide a convenient way for crypto traders to preserve their fiat value without having to cash out of the market. The news emerges just days after Fidelity filed paperwork to register a blockchain-based version of its U.S. dollar money market fund. The company seeks to register an "OnChain" share class of its Treasury Digital Fund (FYHXX), which holds cash and U.S. Treasury securities and is available only to Fidelity's hedge fund and institutional clients. A Fidelity stablecoin could fill the role of cash in this fund. The report comes a day after World Liberty Financial, a crypto venture backed by Donald Trump and his family, launched a U.S. dollar-pegged stablecoin called USD1.

Read more of this story at Slashdot.

An anonymous reader quotes a report from ZDNet, written by Steven Vaughan-Nichols: Despite the minor delay, Linux 6.14 arrives packed with cutting-edge features and improvements to power upcoming Linux distributions, such as the forthcoming Ubuntu 25.04 and Fedora 42. The big news for desktop users is the improved NTSYNC driver, especially those who like to play Windows games or run Windows programs on Linux. This driver is designed to emulate Windows NT synchronization primitives. What that feature means for you and me is that it will significantly improve the performance of Windows programs running on Wine and Steam Play. [...] Gamers always want the best possible graphics performance, so they'll also be happy to see that Linux now supports recently launched AMD RDNA 4 graphics cards. This approach includes support for the AMD Radeon RX 9070 XT and RX 9070 graphics cards. Combine this support with the recently improved open-source RADV driver and AMD gamers should see the best speed yet on their gaming rigs. Of course, the release is not just for gamers. Linux 6.14 also includes several AMD and Intel processor enhancements. These boosts focus on power management, thermal control, and compute performance optimizations. These updates are expected to improve overall system efficiency and performance. This release also comes with the AMDXDNA driver, which provides official support for AMD's neural processing units based on the XDNA architecture. This integration enables efficient execution of AI workloads, such as convolutional neural networks and large language models, directly on supported AMD hardware. While Rust has faced some difficulties in recent months in Linux, more Rust programming language abstractions have been integrated into the kernel, laying the groundwork for future drivers written in Rust. [...] Besides drivers, Miguel Ojeda, Rust for Linux's lead developer, said recently that the introduction of the macro for smart pointers with Rust 1.84: derive(CoercePointee) is an "important milestone on the way to building a kernel that only uses stable Rust functions." This approach will also make integrating C and Rust code easier. We're getting much closer to Rust being grafted into Linux's tree. In addition, Linux 6.14 supports Qualcomm's latest Snapdragon 8 Elite mobile processor, enhancing performance and stability for devices powered by this chipset. That support means you can expect to see much faster Android-based smartphones later this year. This release includes a patch for the so-called GhostWrite vulnerability, which can be used to root some RISC-V processors. This fix will block such attacks. Additionally, Linux 6.14 includes improvements for the copy-on-write Btrfs file system/logical volume manager. These primarily read-balancing methods offer flexibility for different RAID hardware configurations and workloads. Additionally, support for uncached buffered I/O optimizes memory usage on systems with fast storage devices. Linux 6.14 is available for download here.

Read more of this story at Slashdot.

Fortune reports that over 4 million Gen Zers are currently not in education, employment, or training (NEET), with experts blaming a broken educational system and "worthless degrees" for failing to deliver on promises of career readiness. From the report: While some Gen Zers may fall into this category because they are taking care of a family member, many have become frozen out of the increasingly tough job market where white-collar jobs are becoming seemingly out of reach. In the U.S., this translates to an estimated over 4.3 million young people not in school or work. Across the pond in the U.K., the situation is also only getting worse, with the number of NEET young people rising by over 100,000 in the last year alone. A British podcaster went so far as to call the situation a "catastrophe" -- and cast a broad-stroke blame on the education system. "In many cases, young people have been sent off to universities for worthless degrees which have produced nothing for them at all," the political commentator, journalist and author, Peter Hitchens slammed colleges last week. "And they would be much better off if they apprenticed to plumbers or electricians, they would be able to look forward to a much more abundant and satisfying life." With millions of Gen Zers waking up each day feeling left behind, there needs to be a "wake-up call" that includes educational and workplace partners stepping up, Jeff Bulanda, vice president at Jobs for the Future, tells Fortune.

Read more of this story at Slashdot.

The U.S. has added 80 entities to its export blacklist to prevent China from acquiring advanced American chips for military development, including AI, quantum tech, and hypersonic weapons. The Verge reports: More than 50 of the new entities added to the list are based in China, with others located in Iran, Taiwan, Pakistan, South Africa, and the United Arab Emirates. BIS says the restrictions have been applied to entities that acted "contrary to US national security and foreign policy," and are intended to hinder China's ability to develop high-performance computing capabilities, quantum technologies, advanced artificial intelligence, and hypersonic weapons. Six of the newly blacklisted entities are subsidiaries of Inspur Group -- China's leading cloud computing service provider and a major customer for US chip makers such as Nvidia, AMD, and Intel -- which BIS alleges had contributed to projects developing supercomputers for the Chinese military. The Beijing Academy of Artificial Intelligence is another addition to the list, which has criticized its inclusion. "American technology should never be used against the American people," said Jeffrey Kessler, Under Secretary of Commerce for Industry and Security. "BIS is sending a clear, resounding message that the Trump administration will work tirelessly to safeguard our national security by preventing U.S. technologies and goods from being misused for high performance computing, hypersonic missiles, military aircraft training, and UAVs that threaten our national security."

Read more of this story at Slashdot.

An anonymous reader shares a report: After years of decline, the number of applications to the country's two-year MBA programs rebounded in 2024 -- rising 19%, according to a survey by the Graduate Management Admission Council. The pandemic saw a blossoming of new ways to deliver an MBA, but tradition has reasserted itself: The biggest growth last year was in conventional two-year and part-time programs. As in recent years, the great majority of student demand came from overseas, but applications from the US rose as well. While the two-year class graduating this spring included record levels of international students at many institutions, most of the top 20 schools as ranked by Bloomberg Businessweek welcomed classes last fall with a reduced international presence. Given the Trump administration's hostility to immigration, the graduating class of 2025 could prove to be the high-water mark for international MBA students in the US for at least the near future.

Read more of this story at Slashdot.

VMware has sued industrial giant AG Siemens's US operations for alleged use of unlicensed software and accused it of changing its story negotiations. From a report: The case was filed last Friday in the US District Court for the District Delaware. VMware's complaint [PDF] alleges that Siemens AG's US operations used more VMware software that it had licensed. Siemens's use of VMware became contentious when it tried to arrange extended support for some products. On September 9, 2024, Siemens apparently produced a list of the VMware software it used and "demanded that VMware accept a purchase order to provide maintenance and support services for the listed products." The complaint states that list mentioned VMware deployments that "far exceeded the number of licenses it [Siemens] had actually purchased."

Read more of this story at Slashdot.

An anonymous reader quotes a report from Android Authority: No matter the manufacturer, every Android phone has one thing in common: its software base. Manufacturers can heavily customize the look and feel of the Android OS they ship on their Android devices, but under the hood, the core system functionality is derived from the same open-source foundation: the Android Open Source Project. After over 16 years, Google is making big changes to how it develops the open source version of Android in an effort to streamline its development. [...] Beginning next week, all Android development will occur within Google's internal branches, and the source code for changes will only be released when Google publishes a new branch containing those changes. As this is already the practice for most Android component changes, Google is simply consolidating its development efforts into a single branch. This change will have minimal impact on regular users. While it streamlines Android OS development for Google, potentially affecting the speed of new version development and bug reduction, the overall effect will likely be imperceptible. Therefore, don't expect this change to accelerate OS updates for your phone. This change will also have minimal impact on most developers. App developers are unaffected, as it pertains only to platform development. Platform developers, including those who build custom ROMs, will largely also see little change, since they typically base their work on specific tags or release branches, not the main AOSP branch. Similarly, companies that release forked AOSP products rarely use the main AOSP branch due to its inherent instability. External developers who enjoy reading or contributing to AOSP will likely be dismayed by this news, as it reduces their insight into Google's development efforts. Without a GMS license, contributing to Android OS development becomes more challenging, as the available code will consistently lag behind by weeks or months. This news will also make it more challenging for some developers to keep up with new Android platform changes, as they'll no longer be able to track changes in AOSP. For reporters, this change means less access to potentially revealing information, as AOSP patches often provide insights into Google's development plans. [...] Google will share more details about this change when it announces it later this week. If you're interested in learning more, be sure to keep an eye out for the announcement and new documentation on source.android.com. Android Authority's Mishaal Rahman says Google is "committed to publishing Android's source code, so this change doesn't mean that Android is becoming closed-source." "What will change is the frequency of public source code releases for specific Android components," says Rahman. "Some components like the build system, update engine, Bluetooth stack, Virtualization framework, and SELinux configuration are currently AOSP-first, meaning they're developed fully in public. Most Android components like the core OS framework are primarily developed internally, although some features, such as the unlocked-only storage area API, are still developed within AOSP."

Read more of this story at Slashdot.

Computer maker Dell's staff numbers have fallen by 25,000 in the last two years. In its latest 10-K filing, published on Tuesday, the company said that it had about 108,000 global employees as of January 31, 2025. In February 2024, that number was 120,000, marking a 10% annual reduction in the workforce. From a report: Looking back two years, Dell's head count stood at 133,000, meaning that since February 2023, the Texas-based tech company has reduced its workforce by 19%. The decline in Dell's head count comes after a year of both layoffs and RTO mandates. In August, the company significantly restructured its sales division, which it told workers was necessary to prepare for "the world of AI." As part of the restructuring, Dell laid off workers, though it did not specify how many.

Read more of this story at Slashdot.

Microsoft has walked away from new data center projects in the US and Europe that would have amounted to a capacity of about 2 gigawatts of electricity, according to TD Cowen analysts, who attributed the pullback to an oversupply of the clusters of computers that power artificial intelligence. From a report: The analysts, who rattled investors with a February note highlighting leases Microsoft had abandoned in the US, said the latest move also reflected the company's choice to forgo some new business from ChatGPT maker OpenAI, which it has backed with some $13 billion. Microsoft and the startup earlier this year said they had altered their multiyear agreement, letting OpenAI use cloud-computing services from other companies, provided Microsoft didn't want the business itself. Microsoft's retrenchment in the last six months included lease cancellations and deferrals, the TD Cowen analysts said in their latest research note, dated Wednesday. Alphabet's Google had stepped in to grab some leases Microsoft abandoned in Europe, the analysts wrote, while Meta Platforms had scooped up some of the freed capacity in Europe.

Read more of this story at Slashdot.

The United States has won far more Nobel Prizes in physics, chemistry, and medicine than any other nation, with the UK and Germany following in second and third place, according to an analysis of nearly 900 prize-winning publications. Universities account for roughly three-fourths of Nobel Prize-winning research, with a small number of elite institutions producing a disproportionate share of winners. Cambridge University leads with 32 prizes, followed by Harvard (22) and Columbia (13). While prizes are concentrated among researchers from the US, UK, and Germany, 43 countries have produced at least one scientific Nobel laureate. Outside Europe and the Anglosphere, Japan leads with 11 prizes, while Argentina, China, and India have only one or two each. The average age of Nobel Prize winners has steadily increased from about 45 in the 1920s to 65 in the 2010s, though the age at which scientists perform their groundbreaking work has remained relatively constant at around 40.

Read more of this story at Slashdot.

Here's one more reason to cling to a steady job: It doesn't pay to quit. From a report: Typically workers who snag a new position see higher pay bumps than those holding down the same job. But in February, median wage growth of 4.4% for job stayers surpassed a 4.2% gain for job switchers, according to data from the Federal Reserve Bank of Atlanta. The change, as measured by a three-month moving average, is yet another sign of a softening labor market. White collar workers have been clinging to their jobs in the face of widespread layoffs and workplace reductions. Last month, employers announced the fastest pace of job cuts since 2020, when factoring in government job losses. And now an oversupply of job seekers means workers are having to settle for smaller pay bumps, said Peter Cappelli, a professor of management at The Wharton School of the University of Pennsylvania. "That certainly sounds like a big slackening of the job market," Cappelli said. It's a major reversal from the "Great Resignation" a few years ago, when workers left their jobs at unprecedented rates, demanding more benefits and higher pay from employers. At a peak in July 2022, workers who got new jobs saw their wages grow by a whopping 8.5% compared to 5.9% for those who stayed loyal to their company, Atlanta Fed data show.

Read more of this story at Slashdot.

Signal president Meredith Whittaker challenged recent assertions by WhatsApp head Will Cathcart that minimal differences exist between the two messaging platforms' privacy protections. "We're amused to see WhatsApp stretching the limits of reality to claim that they are just like Signal," Whittaker said in a statement published Monday, responding to Cathcart's comments to Dutch journalists last week. While WhatsApp licenses Signal's end-to-end encryption technology, Whittaker said that WhatsApp still collects substantial user metadata, including "location data, contact lists, when they send someone a message, when they stop, what users are in their group chats, their profile picture, and much more." Cathcart had previously stated that WhatsApp doesn't track users' communications or share contact information with other companies, claiming "we strongly believe in private communication."

Read more of this story at Slashdot.

Streaming platforms are increasingly indistinguishable to consumers despite high brand awareness, according to Hub Entertainment Research. The annual Evolution of Video Branding report shows major services like Netflix, Disney+, Hulu, and Max experiencing year-over-year declines in viewers' ability to articulate what makes each platform unique. Fewer consumers (37% in 2025, down from 41% in 2023) report signing up for services to watch specific shows, while many can't correctly identify where signature programs like Game of Thrones or The Bear can be viewed. While 58% know Stranger Things streams on Netflix, less than half can properly place other major titles.

Read more of this story at Slashdot.

Transport for London will ban most e-bikes across its network from March 31 amid growing safety concerns over battery fires, the transport authority announced on Wednesday. The ban, covering London Underground, Overground, Elizabeth Line and DLR trains, exempts only folding e-bikes, which are considered less likely to have been modified and pose a reduced safety risk. TfL implemented the measure following union strike threats after several incidents, including an e-bike that exploded into flames at Rayners Lane Underground platform last month. The train drivers' union Aslef said the incident could have caused mass casualties.

Read more of this story at Slashdot.

A U.S. appeals court has ruled that Apple cannot participate in Google's upcoming antitrust trial, potentially jeopardizing a $20 billion annual deal between the tech giants. The DC Circuit Court of Appeals affirmed that Apple waited too long to join the proceedings, filing its request 33 days after the government proposed remedies in the case Google lost last August. "The delay seems difficult to justify," the judges ruled. While Apple can still submit written testimony and file friend-of-court briefs, it cannot present evidence or cross-examine witnesses as it had sought. At stake is Google's practice of paying Apple approximately $20 billion annually to remain the default search engine in Safari browsers across Apple devices. The government's proposed remedies would make such arrangements impermissible.

Read more of this story at Slashdot.

An anonymous reader quotes a report from Gizmodo: Scientists scrutinizing the seafloor beneath a calving iceberg found a remarkable array of living creatures, switching up notions of how the giant chunks of ice affect their immediate environs. The scientists investigated a region of seafloor recently exposed by the calving of a gigantic iceberg -- A-84 -- which is as large as Chicago. The team found a surprisingly vibrant community of critters on the seafloor below where A-84 was once attached to an ice shelf attached to Antarctica. Without the 197-square-mile (510-square-kilometer) iceberg in the way, the team was able to scrutinize the seafloor at depths of 4,265 feet (1,300 meters) using the remotely operated vehicle (ROV) SuBastian. The team found large corals and sponges supporting other lifeforms, including icefish, giant sea spiders, and octopus. [...] With the icebergs covering the seafloor, organisms below the shelf cannot get nutrients for survival from the surface. The team hypothesized that ocean currents are a critical driver for life beneath the ice sheets. The team also collected data on the larger ice sheet, whose shrinking size spells concern for the animals that live beneath it.

Read more of this story at Slashdot.

wiredmikey shares a report from SecurityWeek: Google late Tuesday rushed out a patch for a sandbox escape vulnerability in its flagship Chrome browser after researchers at Kaspersky caught a professional hacking operation launching drive-by download exploits. The vulnerability, tracked as CVE-2025-2783, was chained with a second exploit for remote code execution in what appears to be a nation-state sponsored cyberespionage campaign [dubbed Operation ForumTroll] targeting organizations in Russia. Kaspersky said it detected a series of infections triggered by phishing emails in the middle of March and traced the incidents to a zero-day that fired when victims simply clicked on a booby-trapped website from a Chrome browser. The Russian anti-malware vendor said victims merely had to click on a personalized, short-lived link, and their systems were compromised when the malicious website was opened in Chrome. Kaspersky said its exploit detection tools picked up on the zero-day, and after reverse-engineering the code, the team reported the bug to Google and coordinated the fix released on Tuesday.

Read more of this story at Slashdot.

In an op-ed for MIT Technology Review, authors Carsten T. Charlesworth, Henry T. Greely, and Hiromitsu Nakauchi make the case for human "bodyoids" that could reduce animal testing, improve drug development, and alleviate organ shortages: Why do we hear about medical breakthroughs in mice, but rarely see them translate into cures for human disease? Why do so few drugs that enter clinical trials receive regulatory approval? And why is the waiting list for organ transplantation so long? These challenges stem in large part from a common root cause: a severe shortage of ethically sourced human bodies. It may be disturbing to characterize human bodies in such commodifying terms, but the unavoidable reality is that human biological materials are an essential commodity in medicine, and persistent shortages of these materials create a major bottleneck to progress. This imbalance between supply and demand is the underlying cause of the organ shortage crisis, with more than 100,000 patients currently waiting for a solid organ transplant in the US alone. It also forces us to rely heavily on animals in medical research, a practice that can't replicate major aspects of human physiology and makes it necessary to inflict harm on sentient creatures. In addition, the safety and efficacy of any experimental drug must still be confirmed in clinical trials on living human bodies. These costly trials risk harm to patients, can take a decade or longer to complete, and make it through to approval less than 15% of the time. There might be a way to get out of this moral and scientific deadlock. Recent advances in biotechnology now provide a pathway to producing living human bodies without the neural components that allow us to think, be aware, or feel pain. Many will find this possibility disturbing, but if researchers and policymakers can find a way to pull these technologies together, we may one day be able to create "spare" bodies, both human and nonhuman. These could revolutionize medical research and drug development, greatly reducing the need for animal testing, rescuing many people from organ transplant lists, and allowing us to produce more effective drugs and treatments. All without crossing most people's ethical lines. Although it may seem like science fiction, recent technological progress has pushed this concept into the realm of plausibility. Pluripotent stem cells, one of the earliest cell types to form during development, can give rise to every type of cell in the adult body. Recently, researchers have used these stem cells to create structures that seem to mimic the early development of actual human embryos. At the same time, artificial uterus technology is rapidly advancing, and other pathways may be opening to allow for the development of fetuses outside of the body. Such technologies, together with established genetic techniques to inhibit brain development, make it possible to envision the creation of "bodyoids" -- a potentially unlimited source of human bodies, developed entirely outside of a human body from stem cells, that lack sentience or the ability to feel pain.

Read more of this story at Slashdot.

An anonymous reader quotes a report from Ars Technica: Software developer Xe Iaso reached a breaking point earlier this year when aggressive AI crawler traffic from Amazon overwhelmed their Git repository service, repeatedly causing instability and downtime. Despite configuring standard defensive measures -- adjusting robots.txt, blocking known crawler user-agents, and filtering suspicious traffic -- Iaso found that AI crawlers continued evading all attempts to stop them, spoofing user-agents and cycling through residential IP addresses as proxies. Desperate for a solution, Iaso eventually resorted to moving their server behind a VPN and creating "Anubis," a custom-built proof-of-work challenge system that forces web browsers to solve computational puzzles before accessing the site. "It's futile to block AI crawler bots because they lie, change their user agent, use residential IP addresses as proxies, and more," Iaso wrote in a blog post titled "a desperate cry for help." "I don't want to have to close off my Gitea server to the public, but I will if I have to." Iaso's story highlights a broader crisis rapidly spreading across the open source community, as what appear to be aggressive AI crawlers increasingly overload community-maintained infrastructure, causing what amounts to persistent distributed denial-of-service (DDoS) attacks on vital public resources. According to a comprehensive recent report from LibreNews, some open source projects now see as much as 97 percent of their traffic originating from AI companies' bots, dramatically increasing bandwidth costs, service instability, and burdening already stretched-thin maintainers. Kevin Fenzi, a member of the Fedora Pagure project's sysadmin team, reported on his blog that the project had to block all traffic from Brazil after repeated attempts to mitigate bot traffic failed. GNOME GitLab implemented Iaso's "Anubis" system, requiring browsers to solve computational puzzles before accessing content. GNOME sysadmin Bart Piotrowski shared on Mastodon that only about 3.2 percent of requests (2,690 out of 84,056) passed their challenge system, suggesting the vast majority of traffic was automated. KDE's GitLab infrastructure was temporarily knocked offline by crawler traffic originating from Alibaba IP ranges, according to LibreNews, citing a KDE Development chat. While Anubis has proven effective at filtering out bot traffic, it comes with drawbacks for legitimate users. When many people access the same link simultaneously -- such as when a GitLab link is shared in a chat room -- site visitors can face significant delays. Some mobile users have reported waiting up to two minutes for the proof-of-work challenge to complete, according to the news outlet.

Read more of this story at Slashdot.

GameStop announced it will invest part of its corporate cash in bitcoin and stablecoins, following MicroStrategy's lead. The meme stock jumped more than 6% in extended trading Tuesday following the news. CNBC reports: The video game retailer said a portion of its cash or future debt and equity issuances may be invested in bitcoin and U.S. dollar-denominated stablecoins. As of Feb. 1, GameStop held nearly $4.8 billion in cash. The firm also said it has not set a ceiling on the amount of bitcoin it may purchase. The company said the move could expose it to volatility associated with cryptocurrency prices. "Bitcoin, for example, is a highly volatile asset and has experienced significant price fluctuations over time. Our Bitcoin strategy has not been tested and may prove unsuccessful," GameStop said in a U.S. Securities and Exchange Commission filing.

Read more of this story at Slashdot.