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Competiton regulator smells abuse of a dominant market position, Zuckercorp claims all is well
Meta's addition of AI services to encrypted messaging platform WhatsApp has Italian officials suspecting the Silicon Valley giant may be abusing its dominant market position to push unwanted features on users.…
JPMorgan's proposed fees for customer data access would cost fintech startups between 60 and 100% of their annual revenue "just from one bank," according to a trade group representing the affected firms. Steve Boms, executive director of the Financial Data and Technology Association, said the charges would apply across all 30 companies in his group that received pricing notices from the nation's largest bank. The trade association, whose members include Plaid, Fiserv and Intuit, called JPMorgan's move a "pure and simple" attempt to kill competition that would "put third parties out of business altogether."
The fees could take effect in September, ending more than a decade of free data access that fintech companies have used to build their business models. JPMorgan can now charge for data access after the Trump administration changed Consumer Financial Protection Bureau rules that previously prohibited such fees. The Financial Technology Association has taken the dispute to federal courts seeking to restore the Biden-era protections, while crypto trade groups have written directly to President Trump warning the fees would hurt digital currency companies.
Read more of this story at Slashdot.
The lure? Identity security and privileged access management tools to verify humans and... machines
Palo Alto Networks will buy Israeli security biz CyberArk in a $25 billion cash-and-stock deal confirmed today.…
Manager engagement has plummeted to its lowest level since tracking began, with only 27% of managers globally reporting they feel involved and enthusiastic about their work, according to Gallup's annual State of the Global Workplace report. The 3-percentage-point decline from 2023 marks an unprecedented drop in manager satisfaction.
Overall employee engagement fell to 21% in 2024 from 23% the previous year, representing only the second decline in 15 years of data collection. The last drop occurred during 2020 COVID lockdowns. Female managers experienced the steepest decline at 7 percentage points, while younger managers fell 5 points. Managers now oversee nearly three times as many employees as in 2017, yet only 44% have received managerial training.
Read more of this story at Slashdot.
If at first you succeed, have some more money
NASA has awarded Firefly Aerospace $176.7 million to deliver a pair of rovers and a trio of scientific instruments to the Moon as part of the agency's Commercial Lunar Payload Services (CLPS) initiative.…
Brazil is the latest browser battlefield
Veteran browser maker Opera has filed a complaint with Brazil's Administrative Council for Economic Defense (CADE) against Microsoft over alleged anti-competitive practices in Windows that favor Edge.…
Mark Zuckerberg said Wednesday that Meta's AI systems have begun improving themselves over the past few months, calling the development "slow for now, but undeniable" and declaring that superintelligence is now within reach. The Meta CEO staked out the company's vision in a blog post for what he termed "personal superintelligence" -- AI that helps individuals achieve their goals rather than replacing human work entirely.
Zuckerberg drew a sharp line between Meta's approach and that of other companies in the field, arguing that competitors want superintelligence "directed centrally towards automating all valuable work, and then humanity will live on a dole of its output." Meta's version would give people their own superintelligent assistants that know them deeply and help them create, experience adventures, and become better friends.
Zuckerberg envisions smart glasses as the primary computing device, understanding context through what users see and hear throughout their day. The next few years represent a critical juncture, Zuckerberg wrote, calling the rest of this decade "the decisive period for determining the path this technology will take."
Read more of this story at Slashdot.
Distie insists global operations restored despite some websites only now coming back online
The cybercriminals claiming responsibility for Ingram Micro's ransomware attack put a deadline on leaking its data nearly a month after the raid.…
An anonymous reader quotes a report from CNBC: Google executives are pushing employees to act with more urgency in their use of artificial intelligence as the company looks for ways to cut costs. That was the message at an all-hands meeting last week, featuring CEO Sundar Pichai and Brian Saluzzo, who runs the teams building the technical foundation for Google's flagship products. "Anytime you go through a period of extraordinary investment, you respond by adding a lot of headcount, right?" Pichai said, according to audio obtained by CNBC. "But in this AI moment, I think we have to accomplish more by taking advantage of this transition to drive higher productivity. [...] We are competing with other companies in the world," Pichai said at the meeting. "There will be companies which will become more efficient through this moment in terms of employee productivity, which is why I think it's important to focus on that." [...]
"We are going to be going through a period of much higher investment and I think we have to be frugal with our resources, and I would strive to be more productive and efficient as a company," Pichai said, adding that he's "very optimistic" about how Google is doing. At the meeting, Saluzzo highlighted a number of tools the company is building for software engineers, or SWEs, to help "everybody at Google be more AI-savvy." "We feel the urgency to really quickly and urgently get AI into more of the coding workflows to address top needs so you see a much more rapid increase in velocity," Saluzzo said. Saluzzo said Google has a portfolio of AI products available to employees "so folks can go faster." He mentioned an internal site called "AI Savvy Google" which has courses, toolkits and learning sessions, including some for individual product areas.
Google's engineering education team, which develops courses for internal and external use, partnered with DeepMind on a training called "Building with Gemini" that the company will start promoting soon, Saluzzo said. He also referenced a new internal AI coding tool called Cider that helps software engineers with various aspects of the development process. Since May, when the company first introduced Cider, 50% of users tap the service on a weekly basis, Saluzzo said. Regarding Google's internal AI tools, Saluzzo said that employees should "expect them to continuously get better" and that "they'll become a pretty integral part of most SWE work."
Read more of this story at Slashdot.
Gigaclear slapped by watchdog for failings, admits 'seriousness of the error'
Ofcom is to impose a £122,500 fine (about $164,000) on UK broadband provider Gigaclear for failing to deliver accurate caller location information when customers called the emergency services.…
Java-like move could land those expecting free trial with a new bill
Oracle has introduced new licensing terms that some users may see as hidden within the terms for VirtualBox, the general-purpose virtualization software for x86_64 hardware.…
Birdsong stores 176 KB, but can it run Doom?
Forget flash storage – flock storage is here after it was demonstrated that data can be saved to a bird.…
Longtime Slashdot reader ndsurvivor shares a report from MIT: MIT physicists have performed an idealized version of one of the most famous experiments in quantum physics. Their findings demonstrate, with atomic-level precision, the dual yet evasive nature of light. They also happen to confirm that Albert Einstein was wrong about this particular quantum scenario. The experiment in question is the double-slit experiment, which was first performed in 1801 by the British scholar Thomas Young to show how light behaves as a wave. Today, with the formulation of quantum mechanics, the double-slit experiment is now known for its surprisingly simple demonstration of a head-scratching reality: that light exists as both a particle and a wave. Stranger still, this duality cannot be simultaneously observed. Seeing light in the form of particles instantly obscures its wave-like nature, and vice versa.
[...] Now, MIT physicists have performed the most "idealized" version of the double-slit experiment to date. Their version strips down the experiment to its quantum essentials. They used individual atoms as slits, and used weak beams of light so that each atom scattered at most one photon. By preparing the atoms in different quantum states, they were able to modify what information the atoms obtained about the path of the photons. The researchers thus confirmed the predictions of quantum theory: The more information was obtained about the path (i.e. the particle nature) of light, the lower the visibility of the interference pattern was. They demonstrated what Einstein got wrong. Whenever an atom is "rustled" by a passing photon, the wave interference is diminished. "Einstein and Bohr would have never thought that this is possible, to perform such an experiment with single atoms and single photons," says Wolfgang Ketterle, the John D. MacArthur Professor of Physics and leader of the MIT team. "What we have done is an idealized Gedanken experiment." Their results appear in the journal Physical Review Letters.
Read more of this story at Slashdot.
Green rules risk short-circuiting AI ambitions, warns group including AWS, Microsoft and Google
A trade body representing datacenter operators in Europe worried about standards for efficiency imposed by the EU has published a report to ensure its arguments are heard first.…
Users and developers struggle to comply as situation evolves
It is a little more than four years since the European Union first proposed legislation to govern tech companies that build AI systems and how users deploy them. A lot has changed since then.…
AI frameworks are becoming a Russian nesting doll of abstraction layers
Cisco's Agntcy project is the latest AI framework to find refuge at the Linux Foundation.…
Promising Phase 3 trial results from Apnimed suggest a potential game-changing oral pill for sleep apnea could offer a simpler, more tolerable alternative for keeping airways open during sleep. The New York Times reports: For decades, the primary treatment for sleep apnea has been continuous positive airway pressure (or CPAP). Before bed, those with the condition put on a face mask that is connected to a CPAP machine, which keeps the airway open by forcing air into it. The machines are effective, but many find them so noisy, cumbersome or uncomfortable that they end up abandoning them. Now, a more appealing option may be on the way, according to a news release from Apnimed, a pharmaceutical company focused on treating sleep apnea. On Wednesday, the company announced a second round of positive Phase 3 clinical trial results for a first-of-its-kind oral pill that can be taken just before bedtime to help keep a person's airway open.
The full results have not yet been released, or published in a peer-reviewed journal. But the findings build on past, similarly positive conclusions from trials and studies. Sleep experts say that what they're seeing in reports so far makes them think the pill could be a game changer. Dr. Phyllis Zee, a sleep doctor and researcher at Northwestern Medicine who was not involved with the trial, said that if approved, the drug could transform the lives of many. That includes not only those who can't tolerate CPAP machines, but also those who can't -- or prefer not to -- use other interventions, such as other types of oral devices or weight loss medications. (Excess weight is a risk factor for sleep apnea.)
Read more of this story at Slashdot.
‘We want kids to know who they are before platforms assume who they are’ says Minister
Australia will require Google to ensure that children aged under 16 cannot sign up for YouTube accounts.…
An anonymous reader shares an analysis: In most major aviation markets, including the U.S. and Europe, competition is an oligopolistic affair, with several large airlines competing for market share. India's domestic sector, however, is increasingly characterized by the ascent of a single airline.
Low-cost carrier IndiGo has achieved an extraordinary concentration of the market, capturing approximately 64.4% of all passenger traffic as of May. More strikingly, the airline operates with a near-monopoly on 66% of its domestic routes, facing little to no direct competition in a significant portion of its network.
This position is the culmination of a decade-long expansion that saw the exit of rivals like Jet Airways and GoAir. Today, its remaining competitors continue to struggle; SpiceJet's domestic market share has fallen to just 2% while it operates a reduced fleet of only 19 aircraft. Air India, despite its acquisition by the Tata Group in 2022, has been slow in its restructuring and continues to cede domestic ground, with the flag carrier remaining unprofitable.
Read more of this story at Slashdot.
Russian rumbler has authorities across the Pacific warning of possible problems
A vastly powerful earthquake that radiated out from the eastern Russian coast on Wednesday has caused a significant tsunami but hasn’t disrupted communications or cloud computing services.…
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