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Windows, macOS, Cinnamon, even iPadOS – all just a layout switch away
Although Zorin doesn't aim to closely track its Ubuntu upstream, version 18 of its eponymous OS has been a long time coming.…
AWS, Google, and Oracle admitted they can't support current setup
Microsoft has the US Navy over a barrel, as the service admits it can't separate its custom-built cloud environment from Azure infrastructure without a complete rebuild "from the ground up." …
Private equity firms are facing systemic challenges after a half-century of meteoric growth as attractive takeover targets become scarce and financing costs remain elevated while exits prove increasingly difficult. US buyout funds currently hold more than 12,000 companies that would take approximately nine years to fully distribute at current rates, according to PitchBook data.
The industry holds $1.2 trillion in dry powder and nearly a quarter of that capital was pledged at least four years ago. More than 18,000 private capital funds seek $3.3 trillion from increasingly reluctant investors, Bain estimates. Quarterly returns for US private equity funds fell from 13.5% in Q2 2021 to 0.8% in Q4 2024. Apollo President Jim Zelter described the situation as a "natural washout" at an investor conference this month. Charles Wilson of Selby Jennings added that "many PE firms are dead already, they just don't know it" and noted survival depends on how forgiving limited partners -- the entities, including pension funds and endowments, that have invested in private equity firms -- prove when firms return for new fundraising.
Read more of this story at Slashdot.
Industry looks like it's going to come up short – by about $800B
The AI craze is fueling massive growth in infrastructure, but the industry will need to hit $2 trillion in revenue by 2030 to keep funding this habit. Consultants at Bain & Company think it is going to come up short.…
CNBC: Instagram now has 3 billion monthly active users, Meta CEO Mark Zuckerberg said Wednesday on his Instagram account. "What an incredible community we've built here," Zuckerberg posted on his Instagram channel.
The figure is a major milestone for the photo-sharing app, which the social media company acquired in 2012 for $1 billion. Meta last disclosed Instagram's user figures in October 2022 when Zuckerberg said during an earnings call that the app had crossed 2 billion monthly users.
Read more of this story at Slashdot.
Financial services firm admits it may mean fewer staff
US banking giant Citi has revved the Stylus Workspaces AI platform it has been rolling out to employees, touting that it is "now powered by agentic AI."…
An anonymous reader shares a report: Last year, the AI video company Runway joined forces with the major Hollywood studio Lionsgate in a partnership the pair hoped would result in AI-generated scenes and even potentially full-length movies. But the project has hit a snag. According to a report by The Wrap, the past 12 months have been unproductive. Lionsgate distributes Hollywood blockbusters including The Hunger Games, John Wick, The Twilight Saga, and Saw franchises. But despite its huge catalog, it is simply not enough for the AI to produce quality content.
"The Lionsgate catalog is too small to create a model," a source tells The Wrap. "In fact, the Disney catalog is too small to create a model." Despite Runway being one of the leading names in AI video, the technology needs a copious amount of data to produce AI-generated films. It is the reason AI has proven to be such an unpopular technology, as AI firms help themselves to any type of media they can get their hands on -- whether it has copyright protections or not. Another issue is the rights of actors and the model for remuneration if their likeness appears in an AI-generated clip. It is a legal gray area with no clear path.
Read more of this story at Slashdot.
Mandiant CTO anticipates 'hearing about this campaign for the next one to two years'
Unknown intruders – likely China-linked spies – have broken into "numerous" enterprise networks since March and deployed backdoors, providing access for their long-term IP and other sensitive data stealing missions, all the while remaining undetected on average for 393 days, according to Google Threat Intelligence.…
Microsoft AI CEO Mustafa Suleyman told The Verge today that the company plans to transform Edge into an "agentic browser" where Copilot controls tabs, navigates websites and completes tasks while users watch. Unlike The Browser Company's new Dia browser, Microsoft will integrate these capabilities directly into Edge.
Suleyman described Copilot opening tabs, reading multiple pages simultaneously and performing research transparently in real-time. The AI visits websites directly, preserving publisher traffic. Current Copilot features include tab navigation, page scrolling and content highlighting. Users will have the option to disable AI features entirely. Suleyman predicted that within years, AI companions will handle most browsing tasks while users provide oversight and feedback.
Read more of this story at Slashdot.
Most organizations use AI in dev, the question now is how to use it properly, claims report
Google Cloud's 2025 DORA (DevOps Research and Assessment) report is out, claiming that since 90 percent of respondents now make some use of AI for software development, the question is not whether to adopt it but how to realize its value.…
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