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President Trump is set to sign an executive order opening up 401(k) retirements plans to alternative assets, like private equity, real estate, and cryptocurrency. The move has the potential to unlock trillions in new investment for asset managers outside of stocks, bonds, and cash, "though critics say it also could bring too much risk into retirement investments," reports Reuters. From the report: "The order directs the Securities and Exchange Commission to facilitate access to alternative assets for participant-directed defined-contribution retirement savings plans by revising applicable regulations and guidance," the White House official said on condition of anonymity. The order directs the Labor Secretary to consult with her counterparts at the Treasury Department, the SEC, and other federal "regulators to determine whether parallel regulatory changes should be made at those agencies," the official said. [...]
The new investment options carry lower disclosure requirements and are generally less easy to sell quickly for cash than the publicly traded stocks and bonds that most retirement funds rely on. Investing in them also tends to carry higher fees. In defined contribution plans, employees make contributions to their own retirement account, frequently with a matching contribution from their employer. The invested funds belong to the employee, but unlike a defined benefit pension plan, there is no guaranteed regular payout upon retirement.
Many private equity firms are hungry for the new source of cash that retail investors could offer after three years in which high interest rates shook their time-honored model of buying companies and selling them at a profit. Whatever results may come from Trump's order, it likely will not happen overnight, private equity executives say. Plaintiffs' lawyers are already preparing for lawsuits that could be filed by investors who do not understand the complexity of the new forms of investments.
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What, you don't expect them to keep using Microsoft with its Chinese cloud admins, do you?
The US government is about to get more AWS in more places thanks to a new $1 billion deal between Uncle Sam and Amazon. …
Microsoft's $30 Extended Security Updates license for Windows 10 will cover up to 10 devices under a single Microsoft Account, the company confirmed in updated support documentation. The ESU program, which provides security updates through October 13, 2026, requires a Microsoft Account for all three enrollment options: the $30 one-time purchase, redemption of 1,000 Microsoft Reward points, or free enrollment for users who sync their PC settings to OneDrive. Windows 10's support ends October 14, 2025.
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Google has quietly admitted defeat in selling advertising for its smart TV platform, returning ad inventory to publishers and accepting a revenue share instead of controlling ad spots directly, according to The Verge. The policy reversal comes as Google spends hundreds of millions of dollars annually on Google TV without breaking even, while Amazon outspends the company on retail incentives that have already pushed Google TV sets out of Costco stores in favor of Fire TV models.
Amazon pays up to $50 per activated television to retailers and manufacturers, The Verge reported. Google TV has grown to 270 million monthly active devices worldwide since unifying Android TV and Chromecast under a single brand in 2020, but many devices operate in overseas markets that generate little revenue or run customized versions controlled by pay-TV operators. YouTube's success in the living room -- generating $9.8 billion in quarterly ad revenue and accounting for 12.5% of all US television viewing -- has reduced internal support for Google TV, with sales teams prioritizing the video platform and some YouTube executives arguing the smart TV budget should be redirected, the report adds.
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No reported in-the-wild exploits…yet
Microsoft and the feds late Wednesday sounded the alarm on another high-severity bug in Exchange Server hybrid deployments that could allow attackers to escalate privileges from on-premises Exchange to the cloud.…
OpenAI released GPT-5 on Thursday, ending a two-year development cycle that CEO Sam Altman called a "significant leap in intelligence" over previous models. The updated AI system achieved state-of-the-art performance across multiple benchmarks, scoring 94.6% on AIME 2025 mathematics problems and 74.9% on SWE-bench Verified coding tasks.
The model operates as a unified system combining a standard response mode with deeper reasoning capabilities that activate automatically based on query complexity. OpenAI reduced hallucinations by approximately 45% compared to GPT-4o and 80% compared to its previous reasoning model when using extended thinking modes. GPT-5 becomes available immediately to all ChatGPT users at no cost, with paid subscribers receiving higher usage limits and access to GPT-5 pro for more complex reasoning tasks.
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An anonymous reader shares a report: OpenAI is paying bonuses to around 1,000 employees on its technical research and engineering teams, or about a third of the company, ranging from the low hundreds of thousands to millions, as the company gears up to release its latest flagship GPT-5 model and faces an ever-rising battle for AI talent, according to a person with knowledge of the bonuses.
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Aiming to shrink the post-ISS gap, but less orbit time for NASA astronauts?
NASA has moved the goalposts for companies seeking to replace the aging International Space Station (ISS) and changed the minimum capability required to four crew for one-month "increments." The change means that the permanent occupation of the ISS will be a thing of the past, at least as far as the US space agency is concerned.…
Nothing to see here - just removing that old Emoluments Clause and habeas corpus
Several sections of the online annotated US Constitution maintained by the Library of Congress vanished recently due to what the Library maintains was a coding error. However, the content of the now-restored sections has raised suspicions that the move was political. …
schwit1 shares a report: China's biggest solar firms shed nearly one-third of their workforces last year, company filings show, as one of the industries hand-picked by Beijing to drive economic growth grapples with falling prices and steep losses. The job cuts illustrate the pain from the vicious price wars being fought across Chinese industries, including solar and electric vehicles, as they grapple with overcapacity and tepid demand. The world produces twice as many solar panels each year as it uses, with most of them manufactured in China.
Longi Green Energy, Trina Solar, Jinko Solar, JA Solar, and Tongwei, collectively shed some 87,000 staff, or 31% of their workforces on average last year, according to a Reuters review of employment figures in public filings.
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Tells The Reg they never were ... 'and this will not change'
The second Trump administration has repeatedly complained about Europe's tech laws targeting Silicon Valley's finest, but now its antipathy is going into overdrive.…
Digital Foundry, the gaming hardware analysis publication known for its technical console breakdowns, has separated from IGN ownership as of today, with founder Richard Leadbetter purchasing the outlet and its complete archives. Leadbetter, who retained 50% ownership since selling half to Eurogamer in 2015, acquired an additional 25 percent from IGN while investor Rupert Loman, Eurogamer's original co-founder, purchased the remaining quarter.
The five-person team will operate independently, maintaining its YouTube channel with 1.5 million subscribers and Patreon support generating approximately $200,000 annually. The publication plans to develop a full website for its written content and expand coverage while keeping most content free.
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The Reg goes behind the scenes of the conference NOC, where volunteers 'look for a needle in a needle stack'
Black Hat Neil "Grifter" Wyler is spending the week "looking for a needle in a needle stack," a task he'll perform from the network operations center (NOC) that powers the Black Hat security conference in Las Vegas.…
President Trump on Thursday called on Intel's CEO to resign because of his past ties to China, the latest challenge for the troubled chip maker. From a report: "The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem," Trump wrote in a post on Truth Social Thursday. The president appeared to be referencing Intel CEO Lip-Bu Tan's past business dealings in China, which Sen. Tom Cotton (R., Ark.) called out in a letter to the company's board earlier this week.
On Tuesday, Cotton wrote an open letter to Intel's board questioning Tan's ties to the Chinese government, including apparent connections to the country's military and investments in other semiconductor companies. "The new CEO of @intel reportedly has deep ties to the Chinese Communists," Cotton wrote in a post on X accompanying the letter. "U.S. companies who receive government grants should be responsible stewards of taxpayer dollars and adhere to strict security regulations. The board of @Intel owes Congress an explanation."
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Indications of compromise and Sigma rules report for your security scanners amid ongoing 'ToolShell' blitz
CISA has published a malware analysis report with compromise indicators and Sigma rules for "ToolShell" attacks targeting specific Microsoft SharePoint Server versions.…
Chipzilla boss accused of huge conflict of interest
US President Donald Trump has called for the immediate resignation of Intel's recently installed chief exec, following concerns raised by a Republican Senator over his links with China.…
Electronic Arts faces a familiar challenge as it prepares to launch Battlefield 6 on October 10: breaking its dependence on the FIFA franchise, now called EA Sports FC, which drives roughly 70% of company profits despite disappointing sales this year.
The company has poured unprecedented resources into Battlefield 6, treating it as a platform built for user-generated content rather than a traditional game release. Early signs appear promising -- the trailer hit nearly 5 million YouTube views in a week and shares climbed 5% after beta testing began -- but analysts remain cautious after last year's Dragon Age flop gutted subsidiary BioWare.
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No need to spin up separate Apache Spark clusters, vendor claims
Snowflake is launching a client connector to run Apache Spark code directly in its cloud warehouse - no cluster setup required.…
Watch out, the phishermen are about, customers told
European airline giants Air France and KLM say they are the latest in a string of major organizations to have their customers' data stolen by way of a break-in at a third party org.…
Privacy campaigner Max Schrem's NOYB is back on Zuck's back
Updated Meta's enthusiasm for training its AI on user data is not shared by the users themselves – at least for some Europeans – according a study commissioned by Facebook legal nemesis Max Schrems and his privacy advocacy group Noyb.…
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