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Telegram Says CEO Durov Has 'Nothing To Hide'
Messaging app Telegram has said its CEO Pavel Durov, who was detained in France on Saturday, has "nothing to hide." From a report: Mr Durov was arrested at an airport north of Paris under a warrant for offences related to the app, according to officials. The investigation is reportedly about insufficient moderation, with Mr Durov accused of failing to take steps to curb criminal uses of Telegram. The app is accused of failure to co-operate with law enforcement over drug trafficking, child sexual content and fraud.
Telegram said in a statement that "its moderation is within industry standards and constantly improving." The app added: "It is absurd to claim that a platform or its owner are responsible for abuse of that platform." Telegram said Mr Durov travels in Europe frequently and added that it abides by European Union laws, including the Digital Services Act, which aims to ensure a safe and accountable online environment. "Almost a billion users globally use Telegram as means of communication and as a source of vital information," the app's statement read. "We're awaiting a prompt resolution of this situation. Telegram is with you all." Judicial sources quoted by AFP news agency say Mr Durov's detention was extended on Sunday and could last as long as 96 hours.
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Categories: Technology
Boeing, Lockheed Martin Consider Selling ULA Space Launch Business
This weekend NASA said they'd turn to SpaceX to return two astronauts from the International Space Station, notes the Associated Press, "rather than risk using the Boeing Starliner capsule that delivered them." (They add that Boeing's capsule "has been plagued by problems with its propulsion system.")
But Reuters reported that even before the setback, Boeing and Lockheed Martin were "in talks to sell their rocket-launching joint venture United Launch Alliance to Sierra Space, two people familiar with the discussions said."
A deal to sell ULA, a major provider of launch services to the U.S. government and a top rival to Elon Musk's SpaceX, would mark a significant shift in the U.S. space launch industry as ULA separates from two of the largest defense contractors to a smaller, privately held firm.
The potential sale comes after years of speculation about ULA's future and failed attempts to divest the joint venture over the past decade. In 2019, Boeing and Lockheed Martin reportedly explored selling ULA but couldn't agree on terms with potential buyers... Jeff Bezos' Blue Origin and Cerberus Capital Management had placed bids in early 2023 for the company, according to people familiar with the negotiations. Rocket Lab had also expressed interest, two people said. None of those discussions led to a deal...
A potential deal could accelerate deployment of [Sierra Space's] crewed spaceflight business, analysts said. A ULA acquisition, they said, would give the company in-house access to launch vehicles that could send its spaceplane and space-station components into Earth's orbit, rather than spending hundreds of millions of dollars for those launches as a customer...
ULA has faced challenges in scaling Vulcan production and upping its launch rate to meet commercial demand and fulfill contract obligations with the Space Force, which in 2021 picked Vulcan for a sizable chunk of national security missions alongside SpaceX's Falcon fleet. A sale of ULA would unshackle the company from Boeing and Lockheed, whose boards have long resisted ideas from ULA to expand the business beyond rockets and into new competitive markets such as lunar habitats or maneuverable spacecraft, according to former executives.
While Reuters's sources say the negotiations could still end without a deal, they also said ULA could be valued between $2 billion and $3 billion, giving Boeing some cash while shifting its focus to its core businesses of aerospace and defense.
Thanks to long-time Slashdot reader schwit1 for sharing the news.
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Categories: Technology
'Don't Trust Google for Customer Service Numbers. It Might Be a Scam.'
Google may be the most successful company in the world. But a Washington Post reporter argues that Google "makes you largely responsible for dodging the criminals who are hurting legitimate businesses and swindling people."
On Monday, I found what appeared to be impostors of customer service for Delta and Coinbase, the cryptocurrency company, in the "People also ask" section high up in Google. A group of people experienced in Google's intricacies also said this week that it took about 22 minutes to fool Google into highlighting a bogus business phone number in a prominent spot in search results...
If you look at the two impostor phone numbers in Google for Delta and Coinbase, there are red flags. There are odd fonts and a website below the bogus numbers that wasn't for either company. (I notified Google about the apparent scams on Monday and I still saw them 24 hours later.) The correct customer help numbers did appear at the very top, and Google says businesses have clear instructions to make their customer service information visible to people searching Google.
The larger issue is "a persistent pattern of bad guys finding ways to trick Google into showing scammers' numbers for airlines, hotels, local repair companies, banks or other businesses."
The toll can be devastating when people are duped by these bogus business numbers. Fortune recently reported on a man who called what a Google listing said was Coinbase customer support, and instead it was an impostor who Fortune said tricked the man and stole $100,000...
Most of the time, you will find correct customer service numbers by Googling. But the company doesn't say how often people are tricked out of time and money by bogus listings — nor why Google can't stop the scams from recurring.
The article makes two points.
Google says when they identify listings violating their rules, they move quickly against them.
"Impostor numbers pop up so persistently that I am once again begging you to be wary of Google or Google Maps listings for business phone numbers... You still might see bogus phone numbers in some spots in Google. And if you're stressed trying to find help with a flight or a financial problem, you might overlook warning signs. Scams work because humans make errors in judgment, especially when we're confused or panicky. And business impostors aren't always obvious."
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Categories: Technology
AI To Go Nuclear? Data Center Deals Say It's Inevitable
To build the massive datacenters generative AI requires, major companies like Amazon and Microsoft "are going nuclear," reports CIO magazine.
AWS:
Earlier this year, AWS paid $650 million to purchase Talen Energy's Cumulus Data Assets, a 960-megawatt nuclear-powered data center on site at Talen's Susquehanna, Pennsylvania, nuclear plant, with additional data centers planned — pending approval by the Nuclear Regulatory Agency... In addition to its purchase of the Cumulus data center, AWS will have access to nuclear energy as part of a 10-year Power Purchase Agreement (PPA) from the Susquehanna site.
Microsoft:
Last year, Constellation signed a deal giving Microsoft the rights to receive up to 35% of its power from nuclear sources in addition to its existing solar and wind purchases from Constellation for Microsoft's Boydton, Va., data center. Microsoft has also signed a nuclear carbon credits deal with Ontario Power Generation for its operations in Canada.
The broader industry:
Many of the deals under discussion are with existing nuclear power providers for hyperscalars [large-scale datacenters] to access energy or to employ small module nuclear reactors (SMRs) with smaller carbon footprints that will be annexed to existing nuclear power plants. Nucor, Oklo, Rolls-Royce SMR, Westinghouse Electric, Moltex Energy, Terrestrial Energy, General Electric, Hitachi Nuclear Energy, and X-energy are among the roster of companies with SMRs under development to meet the growing needs of AI data centers...
One energy analyst does not expect nuclear SMRs to be operational until 2030, yet he and many others acknowledge the need for sustainable, carbon-free alternatives to electricity, wind, and solar is very pressing. "Today's electric grids are struggling to keep up with demand, even as datacenter companies are planning huge new additions to their fleets to power generative AI applications. As a result, companies like Google, Amazon, and Microsoft are increasingly taking matters into their own hands and getting creative. They are now looking at on-site nuclear-based SMRs, and even fusion reactors," says Peter Kelly-Detwiler, principal of Northbridge Energy Partners. "This global arms race for power arose pretty quickly, and it's like nothing we have ever seen before."
Thanks to Slashdot reader snydeq for sharing the news.
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Categories: Technology
A Revolutionary Quantum Compass Could Soon Make GPS-Free Navigation a Reality
America's Department of Energy has three R&D labs, according to Wikipedia, one of which is Sandia National Labs. And that New Mexico-based lab has just announced that "A milestone in quantum sensing is drawing closer, promising exquisitely accurate, GPS-free navigation." with research into "a motion sensor so precise it could minimize the nation's reliance on global positioning satellites."
Until recently, such a sensor — a thousand times more sensitive than today's navigation-grade devices — would have filled a moving truck. But advancements are dramatically shrinking the size and cost of this technology. For the first time, researchers from Sandia National Laboratories have used silicon photonic microchip components to perform a quantum sensing technique called atom interferometry, an ultra-precise way of measuring acceleration. It is the latest milestone toward developing a kind of quantum compass for navigation when GPS signals are unavailable. The team published its findings and introduced a new high-performance silicon photonic modulator — a device that controls light on a microchip — as the cover story in the journal Science Advances... The new modulator is the centerpiece of a laser system on a microchip. Rugged enough to handle heavy vibrations, it would replace a conventional laser system typically the size of a refrigerator...
Besides size, cost has been a major obstacle to deploying quantum navigation devices. Every atom interferometer needs a laser system, and laser systems need modulators. "Just one full-size single-sideband modulator, a commercially available one, is more than $10,000," said Sandia scientist Jongmin Lee. Miniaturizing bulky, expensive components into silicon photonic chips helps drive down these costs. "We can make hundreds of modulators on a single 8-inch wafer and even more on a 12-inch wafer," Kodigala said. And since they can be manufactured using the same process as virtually all computer chips, "This sophisticated four-channel component, including additional custom features, can be mass-produced at a much lower cost compared to today's commercial alternatives, enabling the production of quantum inertial measurement units at a reduced cost," Lee said.
As the technology gets closer to field deployment, the team is exploring other uses beyond navigation. Researchers are investigating whether it could help locate underground cavities and resources by detecting the tiny changes these make to Earth's gravitational force. They also see potential for the optical components they invented, including the modulator, in LIDAR, quantum computing, and optical communications.
Thanks to Slashdot reader schwit1 for sharing the news.
Read more of this story at Slashdot.
Categories: Technology
Major Backdoor In Millions of RFID Cards Allows Instant Cloning
SecurityWeek reports:
A significant backdoor in millions of contactless cards made by China-based Shanghai Fudan Microelectronics Group allows instantaneous cloning of RFID smart cards used to open office doors and hotel rooms around the world.
French security services firm Quarkslab has made an eye-popping discovery... Although the backdoor requires just a few minutes of physical proximity to an affected card to conduct an attack, an attacker in a position to carry out a supply chain attack could execute such attacks instantaneously at scale, researcher Philippe Teuwen explained in a paper.
Thanks to Slashdot reader wiredmikey for sharing the article.
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Categories: Technology
Hackers Have Found an Entirely New Way To Backdoor Into Microsoft Windows
A university in Taiwan was breached with "a previously unseen backdoor (Backdoor.Msupedge) utilizing an infrequently seen technique," Symantec reports.
The most notable feature of this backdoor is that it communicates with a command-and-control server via DNS traffic... The code for the DNS tunneling tool is based on the publicly available dnscat2 tool. It receives commands by performing name resolution... Msupedge not only receives commands via DNS traffic but also uses the resolved IP address of the C&C server (ctl.msedeapi[.]net) as a command. The third octet of the resolved IP address is a switch case. The behavior of the backdoor will change based on the value of the third octet of the resolved IP address minus seven...
The initial intrusion was likely through the exploit of a recently patched PHP vulnerability (CVE-2024-4577). The vulnerability is a CGI argument injection flaw affecting all versions of PHP installed on the Windows operating system. Successful exploitation of the vulnerability can lead to remote code execution.
Symantec has seen multiple threat actors scanning for vulnerable systems in recent weeks. To date, we have found no evidence allowing us to attribute this threat and the motive behind the attack remains unknown.
More from The Record:
Compared to more obvious methods like HTTP or HTTPS tunneling, this technique can be harder to detect because DNS traffic is generally considered benign and is often overlooked by security tools.
Earlier in June, researchers discovered a campaign by suspected Chinese state-sponsored hackers, known as RedJuliett, targeting dozens of organizations in Taiwan, including universities, state agencies, electronics manufacturers, and religious organizations. Like many other Chinese threat actors, the group likely targeted vulnerabilities in internet-facing devices such as firewalls and enterprise VPNs for initial access because these devices often have limited visibility and security solutions, researchers said.
Additional coverage at The Hacker News.
Thanks to Slashdot reader joshuark for sharing the article.
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Categories: Technology
Are OpenAI's ChatGPT Actions Being Abused To Scan For Web Vulnerabilities?
Long-time Slashdot reader UnderAttack explains: A blog post at the SANS Internet Storm Center suggests that OpenAI actions are being abused to scan for WordPress vulnerabilities.
Honeypot sensors at the Storm Center detected scans for URLs targeting WordPress that originated exclusively from OpenAI systems. The URLs requested all pages including the pattern '%%target%%', which may indicate that the scan is meant to include additional path components but the expansion of the template failed. The scans were not only identified by the unique user agent but also by the origin IP addresses matching addresses OpenAI published as being used for OpenAI actions. OpenAI actions allow OpenAI to connect to external APIs.
Johannes B. Ullrich, Ph.D. , Dean of Research, SANS.edu, wrote that OpenAI seems to be scanning random IP addresses — including honeypots.
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Categories: Technology
US Scientists Identify Cause of Massive Crab Die-Off
Long-time Slashdot reader mmell writes:
Recent reports have indicated a near-complete collapse in the population of Snow Crabs in the Bering Sea. Scientists with the US Government's National Oceanographic and Atmospheric Administration have concluded that warming in the environment has led to vast numbers of snow crabs starving to death.
There has been a lot of back-and-forth, a lot of argument on whether or how much humanity has had an effect on the fundamental ecology of our planet... Here is a fine example of anthropogenic change to the planet's weather, ecosystems and even the planet's very ability to feed us.
From the government's findings on the NOAA web site:
What is particularly noteworthy is these boreal conditions associated with the snow crab collapse are more than 200 times likely to occur in the present climate (1.0 –1.5 of warming rate) than in the preindustrial era," said Mike Litzow, lead author and director of the Alaska Fisheries Science Center's Kodiak Lab. âoeEven more concerning is that Arctic conditions conducive for snow crabs to retain their dominant role in the southeastern Bering Sea are expected to continue to decline in the future.â [...] Litzow and his team expect to see Arctic conditions in only 8 percent of future years in the southeastern Bering Sea.
The warmer temperatures brought existential threats including including a fatal disease and more crab-eating predators, their study found. CNN reports that the crabs' "horrific demise appears to be just one impact of the massive transition unfolding in the region, scientists reported... Parts of the Bering Sea are literally becoming less Arctic."
Billions of crabs ultimately starved to death, devastating Alaskaâ(TM)s fishing industry in the years that followed... The decline of the Alaskan snow crab signals a wider ecosystem change in the Arctic, as oceans warm and sea ice disappears. The ocean around Alaska is now becoming inhospitable for several marine species, including red king crab and sea lions, experts say...
The Arctic region has warmed four times faster than the rest of the planet, scientists have reported. Litzow called whatâ(TM)s happening in the Bering Sea a âoebellwetherâ of whatâ(TM)s to come.
âoeAll of us need to recognize the impacts of climate change,â he said.
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Categories: Technology
Sam Bankman-Fried Didn't Have 'Character of a Thief', Argues Author Michael Lewis
An anonymous reader shared this story from the blog Decrypt:
Michael Lewis, author of Going Infinite, an account of the rise and fall of Sam Bankman-Fried, has argued that the disgraced FTX founder didn't have "the character of a thief" in a new The Washington Post article. "His crime was of a piece with his character. The character wasn't the character of a thief. It was the character of a person numb to risk." Lewis explained in the final paragraphs of a 4,500 word essay adapted from a new introduction to his book. "Unable to feel risk himself, he can't really imagine other people feeling much at all about the risk he has subjected them to...."
Lewis doubled down on previous claims that Bankman-Fried wasn't running a Ponzi scheme, arguing that "The crime was unnecessary to the business in a way that, say, Bernie Madoff's was not," and that "The crime made no sense." The collapse of FTX, he added, "might have been avoided and FTX might have survived."
"That doesn't mean I think that Sam Bankman-Fried is innocent. It merely informs how I feel about him," Lewis explained. "I think the truth is closer to 'young person with an intellectually defensible but socially unacceptable moral code makes a huge mistake in trying to live by it' than "criminal on the loose in the financial system.'"
From from The Daily Beast:
Lewis also pointed to bankruptcy court filings from FTX in the weeks after Bankman-Fried's sentencing showing that "against the $8.7 billion in missing customer deposits, FTX was now sitting on something like $14.5 to $16.3 billion." "Whatever the exact sum, it was enough to repay all depositors and various other creditors at least 118 cents on the dollar — that is, everyone who imagined they had lost money back in November 2022 would get their money back, with interest," Lewis writes.
Michael Lewis's article offers some vivid details:
Inside of three years, he'd gone from socially and emotionally isolated 25-year-old with an upper-middle-class bank account to leader of a small army of math nerds and (according to Forbes magazine) not merely the world's richest person under 30 but maybe the fastest creator of wealth in recorded history... He'd gone from having no friends as a child to having too many as an adult without ever developing a capacity for friendship....
The prosecutors didn't need Sam's help. Sam helped them anyway by ignoring the counsel of his lawyers and testifying on his own behalf... As Lewis Kaplan, the federal judge who presided over the case, said later: "When he wasn't outright lying, he was often evasive, hairsplitting, dodging questions and trying to get the prosecutor to reword questions in ways that he could answer in ways he thought less harmful than a truthful answer to the question that was posed would have been. I've been doing this job for close to 30 years. I've never seen a performance quite like that...." [T]he judge ordered Sam to rise so that he might address him directly. Two hours or so earlier, Sam had shuffled into the courtroom in prison khakis with his head down and his hands oddly clasped behind his back. Just before he'd entered, his guards had told him he was meant to be wearing handcuffs and asked if he could create the impression that he was doing so...
"There is a risk that this man will be in a position to do something very bad in the future, and it's not a trivial risk, not a trivial risk at all," said the judge. "So, in part, my sentence will be for the purpose of disabling him." He then sentenced Sam to 25 years in prison, with no possibility of parole.
A few minutes later, Sam dutifully clasped his hands behind his back and shuffled out of the courtroom.
Lewis adapted his 4,500-word article from the upcoming (updated) paperback edition of his book — which was originally published in 2023 on the same day jurors were selected for Bankman-Fried's trial...
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Categories: Technology
Can We Fight Climate Change By Bioengineering a Better Cow?
One of Slashdot's most-visited stories of all time was the 2016 story asking: Can Cow Backpacks Reduce Global Methane Emissions?
"Enteric fermentation," or livestock's digestive process, accounts for 22 percent of all U.S. methane emissions, and the manure they produce makes up eight percent more, according to the U.S. Environmental Protection Agency... Methane, like carbon, is a greenhouse gas, but methane's global warming impact per molecule is 25 times greater than carbon's, according to the EPA.
Cow methane still "heats the Earth more than every flight across the world combined," the Washington Post added today, reporting on a new $30 million genetic engineering experiment undertaken by the Innovative Genomics Institute and the University of California at Davis.
Its mission: to transform a cow's gut so it no longer releases methane.
Using tools that snip and transfer DNA, researchers plan to genetically engineer microbes in the cow stomach to eliminate those emissions. If they succeed, they could wipe out the world's largest human-made source of methane and help change the trajectory of planetary warming... The average cow produces around 220 pounds of methane per year, or around half the emissions of an average car; cows are currently responsible for around 4 percent of global warming, according to the Food and Agriculture Organization...
Scientists envision a kind of probiotic pill, given to the cow at birth, that can transform its microbiome permanently...
The current project doesn't target only a particular cow species — it takes aim at the microbiome itself, offering a solution that could apply to all of them. Brad Ringeisen, executive director at the genomics institute, cut his teeth running biotechnology at the U.S. defense research agency DARPA, which helped pioneer transformative innovations including the internet, miniaturized GPS, stealth aircraft and the computer mouse. "I'm taking the DARPA mentality here," he said. "Let's solve it for all cows, not just a fraction of the cows." ...]
"There's no reason a cow has to produce methane," Ringeisen said. So what if scientists could just ... turn it off?
"I personally think this is the one that can make the biggest impact in the world," Ringeisen said. "Say you could wave a magic wand and eliminate all those emissions."
The article says that currently the scientists are feeding red-seaweed oil to a cow to measure the changes, to prepare for their final goal: "replicate those changes with gene editing." (They're using machine learning to reassemble the hundreds of pieces of each miccroorganism's DNA, so they can understand which changes they need to make with their early-intervention probiotic.)
Such a probiotic could also improve a farm's productivity. Cows can lose up to 12 percent of their energy through burping up methane; other ruminants, like sheep and goats, also lose energy in this way. "If there is a way to redirect that hydrogen and convert it into milk, meat, wool — it would be much more accepted by farmers," said Ermias Kebreab [a professor of animal science at UC-Davis].
Early treatments will be tested on the cows at Davis, with researchers tracking their burps to evaluate the drop-off in methane emissions. There is still a long way to go. While scientists have proved that they can gene-edit microbes, researchers have so far only shown that they can edit a small fraction of the microbes in the cow gut — or the human gut, for that matter. Institute researchers are developing microbial gene-editing tools, even as they are mapping the species of the microbiome. They are building the plane while flying it.
The teams have received enough funding for seven years of research. The project started last year, and they hope to have a trial treatment ready for testing in cows in the next two years.
Read more of this story at Slashdot.
Categories: Technology
ARRL Pays $1 Million Ransom To Decrypt Their Systems After Attack
The nonprofit American Radio Relay League — founded in 1914 — has approximately 161,000 members, according to Wikipedia (with over 7,000 members outside the U.S.)
But sometime in early May its systems network was compromised, "by threat actors using information they had purchased on the dark web," the nonprofit announced this week. The attackers accessed the ARRL's on-site systems — as well as most of its cloud-based systems — using "a wide variety of payloads affecting everything from desktops and laptops to Windows-based and Linux-based servers."
Despite the wide variety of target configurations, the threat actors seemed to have a payload that would host and execute encryption or deletion of network-based IT assets, as well as launch demands for a ransom payment, for every system... The FBI categorized the attack as "unique" as they had not seen this level of sophistication among the many other attacks, they have experience with.
Within 3 hours a crisis management team had been constructed of ARRL management, an outside vendor with extensive resources and experience in the ransomware recovery space, attorneys experienced with managing the legal aspects of the attack including interfacing with the authorities, and our insurance carrier. The authorities were contacted immediately as was the ARRL President... [R]ansom demands were dramatically weakened by the fact that they did not have access to any compromising data. It was also clear that they believed ARRL had extensive insurance coverage that would cover a multi-million-dollar ransom payment. After days of tense negotiation and brinkmanship, ARRL agreed to pay a $1 million ransom. That payment, along with the cost of restoration, has been largely covered by our insurance policy...
Today, most systems have been restored or are waiting for interfaces to come back online to interconnect them. While we have been in restoration mode, we have also been working to simplify the infrastructure to the extent possible. We anticipate that it may take another month or two to complete restoration under the new infrastructure guidelines and new standards.
ARRL's called the attack "extensive", "sophisticated", "highly coordinated" and "an act of organized crime".
And tlhIngan (Slashdot reader #30335) shared this detail from BleepingComputer.
"While the organization has not yet linked the attack to a specific ransomware operation, sources told BleepingComputer that the Embargo ransomware gang was behind the breach."
Read more of this story at Slashdot.
Categories: Technology
Ford Cancels Electric SUV, Delays EV Pickup
Volkswagen said this week it would wait to see where EV demand goes before building out the last three of its six planned battery factories. And now Ford has also cancelled its planned electric SUV and delayed production of an all-new electric pickup, according to CNBC, moves Ford now believes could cost up to $1.9 billion.
But Ford isn't giving up. Ford's COO told CNBC Thursday that "We're quite convinced that the highest adoption rates for electric vehicles will be in the affordable segment on the lower size-end of the range."
Instead of the three-row SUV or large pickup, the company's first new EV is expected to be a commercial van in 2026, followed the next year by a midsized pickup and then the T3 full-size pickup... And the midsize pickup is scheduled to be the first vehicle from a specialized "skunkworks" team in California. The company had tasked the team two years ago with developing a new small EV platform... "In ICE, a business we've been in for 120 years, the bigger the vehicle, the higher the margin. But it's exactly the opposite for EVs...."
Ford's current EVs — the Mustang Mach-E crossover, F-150 Lightning and a commercial van in the U.S. — are not profitable overall. The Model e operations have lost nearly $2.5 billion during the first half of this year and lost $4.7 billion in 2023. The losses, as well as changing market conditions and business plans, caused Ford earlier this year to withdraw an ambitious 8% profit margin for its EV unit by 2026.
Investors and Wall Street analysts have largely supported the EV changes, most recently sending the company's shares up about 2.3% since the announcement earlier this week, despite the expected costs. "Overall, these changes will position Ford to benefit from growing demand for EVs, while also focusing on areas in which it has a Core competitive advantage," BofA's John Murphy wrote Wednesday in an investor note... The updates are the latest for Ford's electrification plans, which now include a heavy focus on hybrid and plug-in hybrid electric vehicles, or PHEVs, to assist in meeting tightening fuel economy regulations in addition to all-electric vehicles. Ford CFO John Lawler said Wednesday that the company's future capital expenditure plans will shift from spending about 40% on all-electric vehicles to spending 30%... "What we saw in '21 and '22 was a temporary market spike where the demand for EVs really took off," Gjaja told CNBC during an interview earlier this year. "It's still growing but not nearly at the rate we thought it might have in '21, '22."
The article also points out that while Ford is discontinuing its giant electric SUV, Ford's rival GM is doing exactly the opposite:
America's largest automaker has pulled back spending and delayed many of its EVs, but it has several large all-electric vehicles on sale coming soon... As recently as last month, GM reconfirmed expectations for its EVs to be profitable on a production, or contribution-margin basis, once it reaches output of 200,000 units by the fourth quarter. A GM spokesman Thursday said the automaker continues "to work to reach variable profit positive during the fourth quarter."
The article also notes "an industrywide fear that Chinese automakers could be able to flood markets with cheaper, more profitable EVs," with Chinese automakers like BYD "quickly growing exports of vehicles to Europe and other countries..."
Read more of this story at Slashdot.
Categories: Technology
'Threads' Tests Posts That Disappear After 24 Hours
After announcing it had 200 million active users earlier this month, Threads is now "testing the option for users to put a 24-hour expiration timer on their posts," writes Engadget:
A spokesperson confirmed to TechCrunch that the feature is being tested among a group of users after it was first spotted earlier this summer by developer Alessandro Paluzzi...
It comes a few months after Instagram head Adam Mosseri shared that Threads was experimenting with auto-archiving. That optional feature would let users designate a date for their posts to be hidden from the feed. But Threads users in the past have indicated that they largely aren't into the idea of automatic archiving, and such a feature hasn't yet shown up on a wider scale.
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Categories: Technology
DSA-5758-1 trafficserver - security update
Several vulnerabilities were discovered in Apache Traffic Server,
a reverse and forward proxy server, which could result in denial
of service or request smuggling.
Categories: Security
How Reddit Challenges Google and Meta with Ads Based on Topics - Not User Data
Six months after going public, Reddit "is winning over advertisers," reports Bloomberg, "by showing that it's different than other internet platforms, which often rely on users' identities and personal information to target ads."
Instead, Reddit is targeting people based on their interests, relying on the site's [100,000+] deeply detailed communities — called subreddits — to match advertisers with potential customers... Early returns on that strategy have been promising. The text-based site easily surpassed expectations in its first two earnings reports this year, disclosing strong sales and better-than-expected projected growth. The stock is up 66% from its $34 initial public offering price in March.
Beyond targeting subreddits, the company also can use specific keywords to sell what it calls conversation ads. If a Redditor in r/HydroHomies — a community about the benefits of drinking water that has more than 1.2 million users — asks for advice about a specific brand of water bottle, an ad for that exact product could appear next to that user's post. These conversation ads are the fastest-growing ad format on the platform, the company said. They also give marketers a chance to appear in subreddits where customers are already talking about them...
Despite being around for close to 20 years, Reddit only started investing heavily in its advertising business in 2018, and is now hoping that marketers and investors are ready to acknowledge the site has grown up. Executives often point to its unique form of content moderation as proof that it's a safer place for brands than other sites. Reddit largely relies on a group of more than 60,000 human moderators — users who volunteer to serve as a sort of content police — to flag or take down unsavory content. On top of that, the site has a voting system so users can rate the quality of content. "From everything we're seeing, they have a level of brand safety and content safety for advertisers that is very comparable to most other social platforms," said Jack Johnston, senior social innovation director at performance marketing agency Tinuiti, which buys ads on Meta, Pinterest, X and Reddit. "That wasn't necessarily the case a couple years ago."
Those improvements have paid dividends. Reddit recently signed new content partnerships with major sports leagues, including the NFL, NBA and MLB, and the majority of Reddit's advertising revenue comes from Fortune 500 companies. Last year, the site made close to $800 million in ad sales, and counts marquee brands like Toyota, Disney, Samsung and Ulta Beauty among its advertisers. This year, analysts expect Reddit's overall advertising business to eclipse $1.1 billion in revenue and see the company reaching $2 billion in sales as soon as 2027, according to data compiled by Bloomberg. To get there, Reddit will need to court smaller marketers, too. The company makes more than 25% of its revenue from just 10 advertisers, meaning any unexpected pullback from a key partner could have a significant impact on the company's business, said Dan Salmon, lead analyst at New Street Research. "This army of small businesses — that's the most important thing for all of those platforms, for Reddit, for Pinterest, for X," he said...
Advertisers large and small say they're already planning to spend more on Reddit in the coming quarters.
The article points out that more than 90 million people visit Reddit each day.
Read more of this story at Slashdot.
Categories: Technology
Linus Torvalds Talks About Rust Adoption and AI
"At The Linux Foundation's Open Source Summit China conference, Linus Torvalds and his buddy Dirk Hohndel, Verizon's Head of the Open Source Program Office, once more chatted about Linux development and related issues," reports ZDNet:
Torvalds: "Later this year, we will have the 20th anniversary of the real-time Linux project. This is a project that literally started 20 years ago, and the people involved are finally at that point where they feel like it is done... well, almost done. They're still tweaking the last things, but they hope it will soon be ready to be completely merged in the upstream kernel this year... You'd think that all the basics would have been fixed long ago, but they're not. We're still dealing with basic issues such as memory management...."
Switching to a more modern topic, the introduction of the Rust language into Linux, Torvalds is disappointed that its adoption isn't going faster. "I was expecting updates to be faster, but part of the problem is that old-time kernel developers are used to C and don't know Rust. They're not exactly excited about having to learn a new language that is, in some respects, very different. So there's been some pushback on Rust." On top of that, Torvalds commented, "Another reason has been the Rust infrastructure itself has not been super stable...."
The pair then moved on to the hottest of modern tech topics: AI. While Torvalds is skeptical about the current AI hype, he is hopeful that AI tools could eventually aid in code review and bug detection. In the meantime, though, Torvalds is happy about AI's side effects. For example, he said, "When AI came in, it was wonderful, because Nvidia got much more involved in the kernel. Nvidia went from being on my list of companies who are not good to my list of companies who are doing really good work."
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Categories: Technology
Amazon CEO: AI-Assisted Code Transformation Saved Us 4,500 Years of Developer Work
Long-time Slashdot reader theodp shared this anecdote about Amazon's GenAI assistant for software development, Amazon Q:
On Thursday, Amazon CEO Andy Jassy took to Twitter to boast that using Amazon Q to do Java upgrades has already saved Amazon from having to pay for 4,500 developer-years of work. ("Yes, that number is crazy but, real," writes Jassy). And Jassy says it also provided Amazon with an additional $260M in annualized efficiency gains from enhanced security and reduced infrastructure costs.
"Our developers shipped 79% of the auto-generated code reviews without any additional changes," Jassy explained. "This is a great example of how large-scale enterprises can gain significant efficiencies in foundational software hygiene work by leveraging Amazon Q."
Jassy — who FORTUNE reported had no formal training in computer science — also touted Amazon Q's Java upgrade prowess in his Letter to Shareholders earlier this year, as has Amazon in its recent SEC filings ("today, developers can save months using Q to move from older versions of Java to newer, more secure and capable ones; in the near future, Q will help developers transform their .net code as well").
Earlier this week, Business Insider reported on a leaked recording of a fireside chat in which AWS CEO Matt Garman predicted a paradigm shift in coding as a career in the foreseeable future with the prevalence of AI. According to Garman, "If you go forward 24 months from now, or some amount of time — I can't exactly predict where it is — it's possible that most developers are not coding."
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Categories: Technology
Netflix Shares First Six Minutes of New Anime Series 'Terminator Zero'
"It's going to be violent," warns the creator of Terminator Zero, an eight-episode anime series premiering Thursday August 29th on Netflix. "It's going to be dark, it's going to be horrific, and it's going to be arresting."
And the Netflix blog has now shared the first six minutes online:
In the world of Terminator, the future is never set, yet some things are guaranteed: The Terminator is still a cyborg that feels no remorse, pity, or fear. The anime series TERMINATOR ZERO, landing on Netflix on Aug. 29 — known to fans as Judgment Day — looks different from any incarnation of the Terminator franchise we've seen before, but you can tell from these opening six minutes that the brutal, sophisticated action will remain.
"I realized the first minutes of the show have to declare what it is," creator and executive producer Mattson Tomlin tells Tudum. A joint production between Skydance and the Japanese animation studio Production I.G, TERMINATOR ZERO has the challenge of drawing in both anime fans and fans of the Terminator series. "The way to do that was to have a sequence that had no dialogue, that was really planting a flag in letting everybody know this is going to be violent, it's going to be dark, it's going to be action-driven, it's going to be horrific, and it's going to be arresting," says Tomlin, who previously wrote Project Power for Netflix and is currently writing The Batman Part II. "That's just what it has to be."
The series follows "a new batch of characters who live in Japan in 1997," writes CBR — and in an interview the show's director said "There's a balance" when representing Japan's actual culture while keeping the show futuristic:
One of the things that I really took for granted was guns. [Points to self] Dumb American over here had to write a scene where Eiko gets into a parking lot and smashes the window of a car, goes to the glove box, takes out a revolver, and it instantly gets flagged. [Other people working on the series] were like, "No, we don't have guns. What you are describing, that's over there. We're over here in civilization where that can't happen." That triggered a really fruitful and creatively challenging discussion about weapons. The military has guns and the police have guns. That's kind of it. So these characters have to arm themselves. How are they going to do it? What could we do? And that's why the Terminator has a crossbow. Eiko has all of these different weapons that she concocted from a hardware store. It was all born out of that.
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Categories: Technology
Telegram CEO Arested In France
Telegram's billionaire founder/CEO Pavel Durov was arrested Saturday night outside Paris, reports Reuters, citing French TV news stations TF1 TV and BFM TV which attributed the news to unnamed sources:
Durov was travelling aboard his private jet, TF1 said on its website, adding he had been targeted by an arrest warrant in France as part of a preliminary police investigation. TF1 and BFM both said the investigation was focused on a lack of moderators on Telegram, and that police considered that this situation allowed criminal activity to go on undeterred on the messaging app.
Thanks to long-time Slashdot reader sinij for sharing the news.
Read more of this story at Slashdot.
Categories: Technology
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