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Kodak Warns It May Go Out of Business
After over 130 years in business, Kodak has warned it may not survive. From a report: The Rochester, New York-based Eastman Kodak Co. offered a bleak picture of its financials in earnings reports and filings, tracking a second quarter loss and sending shares tumbling in early trading Tuesday, Aug. 12. The iconic brand said in Monday, Aug. 11 government filings that there is "substantial doubt" about the company's ability to continue, as it faces more than $470 million in debt and slashes its pension plan in an attempt to remain afloat.
"Kodak has debt coming due within twelve months and does not have committed financing or available liquidity to meet such debt obligations if they were to become due in accordance with their current terms," the company said in its filings to the Securities and Exchange Commission. [...] In its most recent earnings report, Kodak said its consolidated revenues were $263 million at the end of the quarter on June 30, a decrease of $4 million since the same period last year. Gross profit decreased 12% compared to last year's second quarter end, Kodak disclosed, and its cash balance sits at $155 million, marking a loss of just under 23% since the end of December.
Jim Continenza, Kodak's Executive Chairman and CEO, said tariffs have not had a "material impact" on its businesses, noting the domestic production of many of its products such as printing plates, film, inkjet presses and inks and pharmaceutical ingredients. Kodak's chief financial officer David Bullwinkle said in the company's Aug. 11 statement it plans to focus on its advanced chemicals and materials sector moving forward, and said the cut to its retirement program is going toward paying down its debt. He said the company expects to "have a clear understanding" by Friday, Aug. 15 of how it will meet its debt obligations. "For the second half of the year, we will continue to focus on reducing costs today and converting our investments into long-term growth," Bullwinkle said.
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Categories: Technology
Google's Gemini AI Will Get More Personalized By Remembering Details Automatically
An anonymous reader quotes a report from The Verge: Google is rolling out an update for Gemini that will allow the AI chatbot to "remember" your past conversations without prompting. With the setting turned on, Gemini will automatically recall your "key details and preferences" and use them to personalize its output.
This expands upon an update that Google introduced last year, which lets you ask Gemini to "remember" your personal preferences and interests. Now, Gemini won't need prompting to recall this information. As an example, Google says if you've used Gemini to get ideas for a YouTube channel surrounding Japanese culture in the past, then AI chatbot might suggest creating content about trying Japanese food if you ask it to suggest new video ideas in the future. [...]
Google will turn on this feature by default, but you can disable it by heading to your settings in the Gemini app and selecting Personal Context. From there, toggle off the Your past chats with Gemini option. Google will roll out this feature to its Gemini 2.5 Pro model in "select countries" starting today, before eventually bringing it to more locations and its Gemini 2.5 Flash model. Google will also rename its "Gemini Apps Activity" setting to "Keep Activity," which will use "a sample" of your file and photo uploads to Gemini to "help improve Google services for everyone" starting on September 2nd. If you've disabled the previous setting, the new "Keep Activity" setting will be disabled too.
There's also a new "temporary chats" feature in Gemini to preserve privacy. "Temporary chats won't appear in your recent chats or your Keep Activity setting," notes The Verge. "Gemini also won't use these chats to personalize future conversations, nor will Google use them to train its AI models. Google will only save these conversations for 72 hours."
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Categories: Technology
New York Sues Zelle Parent Company, Alleging It Enabled Fraud
New York Attorney General Letitia James has sued Zelle's parent company, Early Warning Services, alleging it knowingly enabled over $1 billion in fraud from 2017 to 2023 by failing to implement basic safeguards. CNBC reports: "EWS knew from the beginning that key features of the Zelle network made it uniquely susceptible to fraud, and yet it failed to adopt basic safeguards to address these glaring flaws or enforce any meaningful anti-fraud rules on its partner banks," James' office said in the release. The lawsuit alleges that Zelle became a "hub for fraudulent activity" because the registration process lacked verification steps and that EWS and its partner banks knew "for years" that fraud was spreading and did not take actionable steps to resolve it, according to the press release.
James is seeking restitution and damages, in addition to a court order mandating that Zelle puts anti-fraud measures in place. "No one should be left to fend for themselves after falling victim to a scam," James said in the release. "I look forward to getting justice for the New Yorkers who suffered because of Zelle's security failures." A Zelle spokesperson called the lawsuit a "political stunt to generate press" and a "copycat" of the CFPB lawsuit, which was dropped in March.
"Despite the Attorney General's assertions, they did not conduct an investigation of Zelle," the spokesperson said. "Had they conducted an investigation, they would have learned that more than 99.95 percent of all Zelle transactions are completed without any report of scam or fraud -- which leads the industry."
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Categories: Technology
Pebble Time 2 Reboot Gets a Redesign
Pebble has unveiled the final design of its rebooted Pebble Time 2 smartwatch, featuring a stainless steel body, color accents, knurled buttons, a flat glass display, customizable RGB backlight, and a built-in compass. 9to5Google reports: In a new episode of his podcast "Tick Talk," original Pebble founder Eric Migicovsky discusses the progress being made on the revival. This time around, the main topic is Pebble Time 2 and its "final design," which sees a considerable redesign compared to what was shown off earlier this year. The new look has some added curves, color accents, knurled buttons, and a stunning overall look.
It'll be available in black and silver colors, as opposed to the black and white previously shown off. In between the metal portions of the build, a polycarbonate layer will allow the radios to work properly, while also adding a blue or red accent to the design. Apparently, there are four total color options on the table, but they're not final just yet. Anyone who has placed a pre-order will get the choice of what color they want.
The new Pebble Time 2 will be made from stainless steel, in particular the same steel material that the original Pebble Steel was built from. It also has transitioned to a flat glass panel versus the curved finish that was used on prior Pebble watches, lessening reflections. The backlight on this model is also more advanced, with an RGB LED that allows the user to control the backlight color so it's not always "blue-ish." Migicovsky says that this will allow the color temperature to change through the day. The Pebble Time 2 is available to pre-order for $225.
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Categories: Technology
Polestar Sets Production Car Record For Longest Drive On a Single Charge
An anonymous reader quotes a report from Ars Technica: [O]ver in the UK, a single-motor version of the Polestar 3 just set a world record for the farthest drive in an electric car on a single charge. Three "professional efficiency drivers," Sam Clarke, Kevin Booker, and Richard Parker, drove 581.3 miles (935.4 km), taking 22 hours and 57 minutes to complete the task. That's an efficiency of 5.1 miles/kWh (12.1 kWh/100 km) -- more than 40 percent better than I saw in day-to-day driving in the twin-motor version.
"We are very proud to say we have a world record holder in the Polestar family! This official Guinness World Record for range is another proof point that Polestar 3 is setting new standards. We will continue to push the boundaries of technology and electric performance," said Michael Lohscheller, Polestar CEO. The report notes that the Polestar 3 was "entirely standard, on stock tires," and averaged a speed of less than 25 mph (40 km/h).
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Categories: Technology
Apple Plots Expansion Into AI Robots, Home Security and Smart Displays
Apple is plotting its AI comeback with an ambitious slate of new devices, including robots, a lifelike version of Siri, a smart speaker with a display and home-security cameras, according to Bloomberg. From the report: A tabletop robot that serves as a virtual companion, targeted for 2027, is the centerpiece of the AI strategy, according to people with knowledge of the matter. The smart speaker with a display, meanwhile, is slated to arrive next year, part of a push into entry-level smart-home products.
Home security is seen as another big growth opportunity. New cameras will anchor an Apple security system that can automate household functions. The approach should help make Apple's product ecosystem stickier with consumers, said the people, who asked not to be identified because the initiatives haven't been announced.
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Categories: Technology
Countrywide Natural Experiment Links Built Environment To Physical Activity
A countrywide study of smartphone users who relocated between US cities found that moving to more walkable environments increased daily walking by 1,100 steps on average. Stanford University researchers analyzed 248,266 days of step data from 5,424 users of the Azumio Argus smartphone app who relocated 7,447 times among 1,609 cities between March 2013 and February 2016. Participants who moved from cities at the 25th percentile of walkability to those at the 75th percentile sustained the increased activity levels for at least three months after relocation.
The additional steps consisted predominantly of moderate-to-vigorous physical activity, with large walkability increases of 49-80 points associated with about one hour per week more of such activity. The study found that 42.5% of participants met national physical activity guidelines for moderate-to-vigorous activity after moving to highly walkable locations, compared to 21.5% before relocation. Computer simulations based on the data suggest that increasing all US cities to the walkability level of Chicago or Philadelphia could result in 36 million more Americans meeting aerobic physical activity guidelines.
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Categories: Technology
Samsung Launches World's First Micro RGB TV
Samsung has finally launched a TV featuring the company's new Micro RGB backlight technology. From a report: The 115-inch TV is first launching in South Korea for over $32,000, according to SamMobile, but Samsung says it's coming to the US next, followed by a wider global rollout with more size options.
Samsung's Micro RGB technology is being positioned as an upgrade to Mini LED backlights that employ an array of tiny white or blue LEDs behind a TV's LCD panel. Micro RGB backlights instead use an ultra-fine pattern of individually controlled red, green and blue LEDs that are each less than than 100um in size.
The new backlight is powered by Samsung's Micro RGB AI engine, which the company says "analyzes each frame in real time and automatically optimizes color output for a more lifelike and immersive picture." The technology allows for improved color accuracy and better contrast by precisely controlling the intensity of the individual LEDs, and Samsung says it can even boost the color in dull scenes, making them appear more vivid and immersive.
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Categories: Technology
Young Americans Push Playback Beyond 1x as Platforms Widen Speed Controls
Young listeners are accelerating audio and video consumption, with an Economist/YouGov poll finding 31% of Americans aged 18-29 using faster-than-1x playback versus 8% among those 45 and older, as Apple, Spotify, newspapers' audio, Netflix, and YouTube expand speed controls, including YouTube's 4x for premium users.
YouTube reports more than 900 years saved per day from fast playback; a meta-analysis led by University of Waterloo researchers finds minimal test-score change up to 1.5x and declines near or past 2x.
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Categories: Technology
Microsoft Makes Pull Print Generally Available
Microsoft has made "Pull Print" for Universal Print generally available, letting users authenticate at any registered printer to release queued jobs and reducing the chance that confidential pages sit unattended.
The feature, also called "Universal Print Anywhere," supports two modes: direct print and secure release via QR codes that users scan with a phone camera or the Microsoft 365 app. Admins must register devices, enable secure release, and affix printed QR codes. Microsoft plans badge-based release.
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Categories: Technology
China's Lead in Open-Source AI Jolts Washington and Silicon Valley
China has established a lead in the field of open-source AI, a development that is reportedly sending jolts through both Washington and Silicon Valley. The nation's progress has become a significant event for American policymakers in the U.S. capital. The advancement has registered as a shock within Silicon Valley, the hub of the American technology industry. From the report: The overall performance of China's best open-weight model has surpassed the American open-source champion since November, according to research firm Artificial Analysis. The firm, which rates the ability of models in math, coding and other areas, found a version of Alibaba's Qwen3 beat OpenAI's gpt-oss.
However, the Chinese model is almost twice as big as OpenAI's, suggesting that for simpler tasks, Qwen might consume more computing power to do the same job. OpenAI said its open-source model outperformed rivals of similar size on reasoning tasks and delivered strong performance at low cost.
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Categories: Technology
Temperature Records Broken as Extreme Heat Grips Parts of Europe
Extreme heat is breaking temperature records across Europe, early measurements suggest, and driving bigger and stronger wildfires. From a report: In south-west France, records were broken on Monday in Angouleme, Bergerac, Bordeaux, Saint-Emilion and Saint-Girons. Meteo France said the "often remarkable, even unprecedented, maximum temperatures" in the region were 12C above the norm for the last few decades.
In Croatia, air temperature records were set in Sibenik, at 39.5C, and Dubrovnik, at 38.9C, while large forest fires raged along its coasts and ripped through neighbouring countries in the Balkans. The day before, Hungary broke its daily maximum temperature record when a weather station in Korosladany hit 39.9C. The capital, Budapest, also broke its daily maximum record as it sweltered through 38.7C heat.
Beyond Europe, dozens of temperature records were broken across Canada, and record-breaking heat above 50C in Iraq was blamed for a nationwide blackout. The heatwave in southern Europe comes as Nordic countries recover from unprecedentedtemperatures above 30C in the Arctic Circle this month.
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Categories: Technology
DSA-5977-1 aide - security update
Rajesh Pangare discovered two vulnerabilities in aide, an advanced
intrusion detection system. A local attacker can take advantage of these
flaws to hide the addition or removal of a file from the the report,
tamper with the log output, or cause aide to crash during report
printing or database listing.
Categories: Security
DSA-5976-1 chromium - security update
Security issues were discovered in Chromium which could result
in the execution of arbitrary code, denial of service, or information
disclosure.
Categories: Security
US Embeds Trackers in AI Chip Shipments To Catch Diversions To China
An anonymous reader shares a report: U.S. authorities have secretly placed location tracking devices in targeted shipments of advanced chips they see as being at high risk of illegal diversion to China, according to two people with direct knowledge of the previously unreported law enforcement tactic. The measures aim to detect AI chips being diverted to destinations which are under U.S. export restrictions, and apply only to select shipments under investigation, the people said.
They show the lengths to which the U.S. has gone to enforce its chip export restrictions on China, even as the Trump administration has sought to relax some curbs on Chinese access to advanced American semiconductors. The trackers can help build cases against people and companies who profit from violating U.S. export controls, said the people who declined to be named because of the sensitivity of the issue.
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Categories: Technology
