Microsoft's push to transform Windows into an "agentic OS" that allows AI agents to control PCs is drawing user backlash similar to the Windows 8 controversy, as the company marks the operating system's 40th anniversary this week, writes Tom Warren, a reporter at The Verge who has been covering Microsoft for nearly two decades. Windows chief Pavan Davuluri announced the agentic OS plans in a post on X last week and faced immediate criticism in hundreds of replies before they were locked days later.

"It's evolving into a product that's driving people to Mac and Linux," one person wrote, while another asked for a return to Windows 7's "clean UI, clean icon, a unified control panel, no bloat apps, no ads, just a pure performant OS." Davuluri later responded to software engineer Gergely Orosz, saying "we care deeply about developers" and acknowledging Microsoft has "work to do on the experience, both on the everyday usability, from inconsistent dialogs to power user experiences."

Microsoft CEO Satya Nadella told the Dwarkesh Podcast that the company's business "which today is an end user tools business, will become, essentially an infrastructure business in support of agents doing work." The Recall feature already spooked users when it was initially turned on by default before Microsoft reworked it to be opt-in. Navjot Virk, corporate vice president of Windows experiences, told The Verge that "every user can use [AI agents] when they're ready. It's their choice, they decide."

An anonymous reader writes: U.S. wireless carrier Verizon said Thursday it will cut more than 13,000 jobs in its largest single layoff as it works to shrink costs and restructure operations. Verizon also said it plans to convert 179 corporate-owned retail stores into franchised operations and close one store.

Verizon's new CEO, Dan Schulman, said in a note to employees the company would reduce its workforce by more than 13,000 employees across the organization, and significantly reduce outsourced and other outside labor expenses.

Related: Delayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%

OpenAI won't say who audits its books. The company, which projects to hit an ARR of $20 billion this year and is valued at $500 billion, has committed to spending about $1.4 trillion on data centers over the next decade. It accounts for roughly two-thirds of unfulfilled contracts at Oracle and two-fifths at CoreWeave. Microsoft alone holds around $375 billion in unfulfilled contracts with OpenAI.

Reuters reported the company may target a $1 trillion valuation for a potential IPO in coming years. Most companies at this scale use one of the Big Four accounting firms: Deloitte, EY, KPMG or PwC. OpenAI declined to comment to Financial Times. A person close to the organization told the publication the company has "an industry standard audit with one of the Big Four firms." The company's latest Form 990 filing lists Fontanello, Duffield, & Otake -- a small San Francisco accountancy firm -- as the paid preparer. The form does say an independent accountant audited the statements.

Michael Burry, last night: "Can anyone name [OpenAI's] auditor?"

A Tokyo court ruled that Cloudflare is liable for aiding manga piracy after failing to act on infringement notices and continuing to cache and serve content for major piracy sites, awarding about $3.2 million in damages. TorrentFreak says the decision sets a significant precedent in Japan, suggesting CDN providers can face direct liability when they don't verify customers or respond adequately to large-scale copyright abuse. From the report: After a wait of more than three and a half years, the Tokyo District Court rendered its decision this morning. In a statement provided to TorrentFreak by the publishers, they declare "Victory Against Cloudflare" after the Court determined that Cloudflare is indeed liable for the pirate sites' activities. In a statement provided to TorrentFreak, the publishers explain that they alerted Cloudflare to the massive scale of the infringement, involving over 4,000 works and 300 million monthly visits, but their requests to stop distribution were ignored.

"We requested that the company take measures such as stopping the distribution of pirated content from servers under its management. However, Cloudflare continued to provide services to the manga piracy sites even after receiving notices from the plaintiffs," the group says. The publishers add that Cloudflare continued to provide services even after receiving information disclosure orders from U.S. courts, leaving them with "no choice but to file this lawsuit."

"The judgment recognized that Cloudflare's failure to take timely and appropriate action despite receiving infringement notices from the plaintiffs, and its negligent continuation of pirated content distribution, constituted aiding and abetting copyright infringement, and that Cloudflare bears liability for damages to the plaintiffs," they write. "The judgment, in that regard, attached importance to the fact that Cloudflare, without conducting any identity verification procedures, had enabled a massive manga piracy site to operate "under circumstances where strong anonymity was secured,' as a basis for recognizing the company's liability."

The publishers believe that the judgment clarifies the conditions under which a company such as Cloudflare incurs liability for copyright infringement. Failure to carry out identity verification appears at the top of the publishers' list, followed by a lack of timely and appropriate action in response to infringement notices sent by rightsholders. "We believe this is an important decision given the current situation where piracy site operators often hide their identities and repeatedly conduct large-scale distribution using CDN services from overseas. We hope that this judgment will be a step toward ensuring proper use of CDN services. We will continue our efforts to protect the rights of works, creators, and related parties, while aiming for further expansion of legitimate content," the publishers conclude. Cloudflare plans to appeal the verdict.

Adobe is buying Semrush for $1.9 billion in a move to supercharge its AI-driven marketing stack. Reuters reports: Semrush designs and develops AI software that helps companies with search engine optimization, social media and digital advertising. The acquisition, expected to close in the first half of next year, would allow Adobe to help marketers better understand how their brands are viewed by online consumers through searches on websites and generative AI bots such as ChatGPT and Gemini. "The price is steep as Semrush isn't a massive revenue engine on its own, so Adobe is likely paying for strategic value. The payoff could be high too if Adobe can quickly turn Semrush's data into monetizable AI products," said Emarketer analyst Grace Harmon.

"While we are positive on Adobe restarting its M&A engine given the success that it has seen with this motion over the years... this deal likely does little to answer the questions revolving around the company's creative cloud business," added William Blair analysts.

Nvidia blew past earnings expectations with soaring revenue and profit, easing fears of an AI bubble and reinforcing its position as the engine of the global AI boom. From a report: Nvidia's sales grew 62% year-over-year to $57 billion in the October quarter, ahead of the $54.9 billion Wall Street had projected, signaling that demand for AI chips remains strong even as more questions emerge about whether returns from the technology will keep up with the pace of AI infrastructure investments. It posted profits of $31.9 billion, up 65% from the year-ago quarter and also slightly above expectations.

"Blackwell sales are off the charts, and cloud GPUs are sold out," Nvidia CEO Jensen Huang said in a statement, a message that echoes his earlier arguments that fears of an AI bubble are overblown. The company also posted stronger-than-expected sales guidance of around $65 billion for the fourth quarter, another indicator that the AI spending spree isn't slowing anytime soon.

Britain said on Wednesday it would ban the resale of tickets to concerts, sport and other live events for profit, disrupting ticket touts and the platforms that benefit from their activities. From a report: Culture Secretary Lisa Nandy said touts were ripping off fans by using bots to snap up batches of tickets for coveted shows and reselling them at sky-high prices. "Our new proposals will shut down the touts' racket and make world-class music, comedy, theatre and sport affordable for everyone," she said, after the government had promised action.

An anonymous reader shares a report: California-based TP-Link says it may take a sales hit of more than $1 billion because of erroneous reports that the networking company's technology has been "infiltrated" by Beijing. In a lawsuit, TP-Link claims its competitor, Netgear, orchestrated a smear by planting false claims with journalists and internet influencers with the goal of scaring off customers.

Closely held TP-Link, which makes wireless routers, alleges in a complaint filed Monday that Netgear's campaign "threatens injury to well over a billion dollars in sales" and violates a 2024 settlement of a patent fight. That accord, in which TP-Link agreed to pay Netgear $135 million, includes a provision that the public company promises not to disparage its rival, according to the suit in Delaware federal court.

The suit comes as TP-Link faces growing scrutiny in Washington over national-security issues. US lawmakers from both parties have expressed concern that TP-Link's wireless equipment could be exploited by Chinese hackers following a series of attacks on its routers.

An anonymous reader quotes a report from ZDNet: At KubeCon North America 2025 in Atlanta, the Cloud Native Computing Foundation (CNCF)'s leaders predicted an enormous surge in cloud-native computing, driven by the explosive growth of AI inference workloads. How much growth? They're predicting hundreds of billions of dollars in spending over the next 18 months. [...] Where cloud-native computing and AI inference come together is when AI is no longer a separate track from cloud-native computing. Instead, AI workloads, particularly inference tasks, are fueling a new era where intelligent applications require scalable and reliable infrastructure. That era is unfolding because, said [CNCF Executive Director Jonathan Bryce], "AI is moving from a few 'Training supercomputers' to widespread 'Enterprise Inference.' This is fundamentally a cloud-native problem. You, the platform engineers, are the ones who will build the open-source platforms that unlock enterprise AI."

"Cloud native and AI-native development are merging, and it's really an incredible place we're in right now," said CNCF CTO Chris Aniszczyk. The data backs up this opinion. For example, Google has reported that its internal inference jobs have processed 1.33 quadrillion tokens per month recently, up from 980 trillion just months before. [...] Aniszczyk added that cloud-native projects, especially Kubernetes, are adapting to serve inference workloads at scale: "Kubernetes is obviously one of the leading examples as of the last release the dynamic resource allocation feature enables GPU and TPU hardware abstraction in a Kubernetes context." To better meet the demand, the CNCF announced the Certified Kubernetes AI Conformance Program, which aims to make AI workloads as portable and reliable as traditional cloud-native applications.

"As AI moves into production, teams need a consistent infrastructure they can rely on," Aniszczyk stated during his keynote. "This initiative will create shared guardrails to ensure AI workloads behave predictably across environments. It builds on the same community-driven standards process we've used with Kubernetes to help bring consistency as AI adoption scales." What all this effort means for business is that AI inference spending on cloud-native infrastructure and services will reach into the hundreds of billions within the next 18 months. That investment is because CNCF leaders predict that enterprises will race to stand up reliable, cost-effective AI services.

Klarna has claimed that AI-related savings have allowed the buy now, pay later company to increase staff salaries by nearly 60%, but hinted it could slash more jobs after nearly halving its workforce over the past three years. From a report: Chief executive Sebastian Siemiatkowski said headcount had dropped from 5,527 to 2,907 since 2022, mostly as a result of natural attrition, with departing staff replaced by technology rather than by new staff members.

The figures add to the impact of an internal artificial intelligence programme, which had steadily reduced its use of outsourced workers including those in customer service, with technology now carrying out the work of 853 full-time staff, up from 700 earlier this year. It meant the company, which was founded in Sweden in 2005, had managed to increase revenues by 108% while keeping operating costs flat. Siemiatkowski told analysts on an earnings call on Tuesday that it was "pretty remarkable, and unheard of as a number, among businesses."

A majority of global fund managers think companies are overinvesting, as market anxiety grows about the sustainability of the AI spending boom. From a report: A net 20 per cent of fund managers surveyed this month by Bank of America said companies were spending too much on their investments -- the first time this has been a majority view in data running back to 2005. "This jump is driven by concerns over the magnitude and financing of the AI capex boom," said BofA analysts.

The surge in investment to develop AI infrastructure has been a dominant theme in the record rally in US tech stocks this year -- with chipmaker Nvidia becoming the world's first $5tn company last month -- but growing concerns about the sustainability of this spending has caused a pullback on Wall Street in recent weeks.

Every company would be affected if the AI bubble were to burst, the head of Google's parent firm Alphabet has told the BBC. From the report: Speaking exclusively to BBC News, Sundar Pichai said while the growth of artificial intelligence investment had been an "extraordinary moment", there was some "irrationality" in the current AI boom. It comes amid fears in Silicon Valley and beyond of a bubble as the value of AI tech companies has soared in recent months and companies spend big on the burgeoning industry.

Asked whether Google would be immune to the impact of the AI bubble bursting, Mr Pichai said the tech giant could weather that potential storm, but also issued a warning. "I think no company is going to be immune, including us," he said. In a wide-ranging exclusive interview at Google's California headquarters, he also addressed energy needs, slowing down climate targets, UK investment, the accuracy of his AI models, and the effect of the AI revolution on jobs.

schwit1 shares a report from the New York Times: Pete Kayll, a musclebound veteran of Britain's Royal Marines, had an unusual instruction for the Bitcoin investors gathered in Switzerland in late October. "Just bite your way out," he told them. It was the final day of a weekend-long cryptocurrency convention on the shore of Lake Lugano, near the Italian border. A small group of investors had lined up in a conference room to have their hands bound with plastic zipties. Now they were learning how to get them off. "Your teeth will get through anything," Mr. Kayll advised. "But it will bloody well hurt."

Most people don't go to an international crypto conference expecting to learn how to gnaw through plastic. But after hours of panels devoted to topics like Bitcoin-collateralized loans, these investors were looking for something more practical. They wanted to know what to do if they were grabbed on the street and thrown into the back of a van. Already paranoid about scams, hacks and market turmoil, wealthy crypto investors have lately become terrified about a much graver threat: torture and kidnapping. These threats are known as "wrench attacks," which is a reference to a popular XKCD cartoon where a thief skips the hacking and just uses a wrench to force out the password.

According to the NYT, the best way to stay protected is staying low-profile, minimizing visible signs of wealth, using basic physical security tools, and preparing for self-defense. The report specifically recommends avoiding flashy displays of wealth like luxury watches and cars, watching for honey-traps, using hotel door stoppers, practicing escape techniques such as breaking zip-ties, hiring discreet bodyguards, and relying on panic-button apps like Glok to summon help quickly.

Chinese automakers are rapidly expanding across South America, boosted by the new Chinese-built Port of Chancay, aggressive pricing, local partnerships, and growing regional demand. Reuters reports: China has been ramping up sales since the opening last year of the Port of Chancay, north of Lima. The Chinese-built megaport has halved trans-Pacific shipping times just as Chinese manufacturers face rising barriers to entry in the United States and greater trade restrictions in Europe.

BYD, which makes EVs, plug-in hybrids and combustion engine cars, plans to open a fourth dealership in Lima by the end of this year, while Chery and Geely have more than a dozen in total in Peru. Chinese carmakers face a profit-destroying price war at home and a growing surplus of new cars rolling out of Chinese factory lines. Much of this excess is being shipped overseas to the Middle East, Central Asia and Latin America, according to global automotive analyst Felipe Munoz at JATO Dynamics.

The Chinese have "carved out space," across both electric and petrol-powered cars, said Martin Bresciani, president of Chile's automotive business chamber, CAVEM. "The Chinese have already demonstrated that they match global standards in quality." Chinese brands reached 29.6% of all new passenger car sales in Chile in the first quarter of this year. [...] Part of China's success has been partnering with trusted local importers to offer more affordable models tailored to regional tastes, according to seven dealerships Reuters spoke to in Peru, Chile, Uruguay and Argentina.

An anonymous reader quotes a report from Bloomberg: Amazon Web Services, Microsoft's Azure, and Alphabet's Google Cloud risk being dragged into the scope of the European Union's crackdown on Big Tech as antitrust watchdogs prepare to study the platforms' market power. The European Commission wants to decide if any of the trio should face a raft of new restrictions under the bloc's Digital Markets Act (source paywalled; alternative source), according to people familiar with the matter who spoke on condition of anonymity. The plan for a market probe follows several major outages in the cloud industry that wrought havoc across global services, highlighting the risks of relying on a mere handful of players.

To date, the world's largest cloud providers have avoided the DMA because a large part of their business comes via enterprise contracts, making it difficult to count the number of individual users, one of the EU's main benchmarks for earmarking Silicon Valley services for extra oversight. Under the investigation's remit, regulators will asses whether the top cloud operators -- regardless of the challenge of counting user numbers -- should be forced to contend with a raft of fresh obligations including increased interoperability with rival software and better data portability for users, as well as restrictions on tying and bundling.

An anonymous reader shares a report: When Nigel Morris tells you he's worried about the economy, you listen. As industry observers know, Morris co-founded Capital One and pioneered lending to subprime borrowers, building an empire on understanding exactly how much financial stress the average American can handle. Now, as an early investor in Klarna and other buy-now-pay-later companies like Aplazo in Mexico, he's watching something that makes him deeply uncomfortable.

"To see that people are using [BNPL services] to buy something as basic and fundamental as groceries," Morris told me on stage at Web Summit in Lisbon this week, "I think is a pretty clear indication that a lot of people are struggling." The statistics back up his unease. Buy-now-pay-later services have exploded to 91.5 million users in the United States, according to the financial services firm Empower, with 25% using the services to finance their groceries as of earlier this year, according to survey data released in late October by lending marketplace Lending Tree.

These aren't discretionary purchases -- the designer bags and latest Apple headphones that BNPL was marketed for originally. Borrowers aren't paying it all back, either. According to Lending Tree, default rates are accelerating: 42% of BNPL users made at least one late payment in 2025, up from 39% in 2024 and 34% in 2023.

Strauss Zelnick, CEO of Take-Two Interactive, which operates publishing labels including GTA-maker Rockstar Games and 2K, said on Monday that although gaming consoles are not going away, the industry is moving toward PCs in the next decade. From a report: "I think it's moving towards PC and business is moving towards open rather than closed," Zelnick told CNBC's "Squawk Box."

"But if you define console as the property, not the system, then the notion of a very rich game that you engage in for many hours that you play on a big screen -- that's never going away." Zelnick said the current split between console and mobile is about even in the market, but mobile is growing more rapidly than consoles.

Hotel cancellation policies have transformed over the past seven years. Travelers once could cancel reservations up until the day before check-in without penalty. That flexibility has largely vanished.

The shift began around 2018 when third-party travel-booking sites deployed "cancel-rebook" strategies, the Atlantic writes. These platforms would monitor hotel rates after securing initial reservations. When prices dropped, the sites automatically canceled existing bookings and rebooked customers at lower rates. Hotels lost already-booked revenue whenever they reduced prices to fill empty rooms.

Hotels responded by introducing tiered pricing structures. Travelers now encounter prepaid non-refundable rates at the lowest price point, mid-range rates with two- or three-day cancellation deadlines, and higher rates for same-day cancellation flexibility. The cancel-rebook sites could still swap reservations until deadlines arrived, but the damage to hotels diminished.

Christopher Anderson, a professor at Cornell University's Nolan School of Hotel Administration, told the outlet that hotel cancellations differ from airline cancellations. Most hotels operate as franchises rather than centrally-owned properties. A canceled Ithaca Marriott reservation cannot be converted to credit at a New York Marriott Marquis because different owners operate each location. Anderson suggests travelers call hotels directly to request exceptions. Hilton confirmed it evaluates cancellation waivers case-by-case and extends broad waivers during natural disasters or major disruptions.

"To be clear, the current economics of space-based data centers don't make sense," writes the Wall Street Journal.

"But they could in the future, perhaps as soon as a decade or so from now, according to an analysis by Phil Metzger, a research professor at the University of Central Florida and formerly of the National Aeronautics and Space Administration." "Space enthusiasts (comme moi) have long sought a business case to enable human migration beyond our home world," he posted on X amid the new hype. "I think AI servers in space is the first real business case that will lead to many more...."

The argument essentially boils down to the belief that AI's needs are eventually going to grow so great that we need to move to outer space. There the sun's power can be more efficiently harvested. In space, the sun's rays can be direct and constant for solar panels to collect — no clouds, no rainstorms, no nighttime. Demands for cooling could also be cut because of the vacuum of space. Plus, there aren't those pesky regulations that executives like to complain about, slowing construction of new power plants to meet the data-center needs. In space, no one can hear the Nimbys scream. "We will be able to beat the cost of terrestrial data centers in space in the next couple of decades," Bezos said at a tech conference last month. "Space will end up being one of the places that keeps making Earth better."

It's still early days. At Alphabet, Google's plans sound almost conservative. The search-engine company in recent days announced Project Suncatcher, which it describes as a moonshot project to scale machine learning in space. It plans to launch two prototype satellites by early 2027 to test its hardware in orbit. "Like any moonshot, it's going to require us to solve a lot of complex engineering challenges," Pichai posted on social media. Nvidia, too, has announced a partnership with startup Starcloud to work on space-based data centers. Not to be outdone, Elon Musk has been painting his own updated vision for the heavens... in recent weeks he has been talking more about how he can use his spaceships to deploy new versions of his solar-powered Starlink satellites equipped with high-speed lasers to build out in-space data centers.

On Friday, Musk further reiterated how those AI satellites would be able to generate 100 gigawatts of annual solar power — or, what he said, would be roughly a quarter of what the U.S. consumes on average in a year. "We have a plan mapped out to do it," he told investor Ron Baron during an event. "It gets crazy." Previously, he has suggested he was four to five years away from that ability. He's also touted even wilder ideas, saying on X that 100 terawatts a year "is possible from a lunar base producing solar-powered AI satellites locally and accelerating them to escape velocity with a mass driver." Simply put, he's suggesting a moon base will crank out satellites and throw them into orbit with a catapult. And those satellites' solar panels would generate 100,000 gigawatts a year. "I think we'll see intelligence continue to scale all the way up to where...most of the power of the sun is harnessed for compute," Musk told a tech conference in September.

An anonymous reader shared this report from CNBC: [T]he computing power of crypto mining generates a lot of heat, most which just ends up vented into the air. According to digital assets brokerage, K33, the bitcoin mining industry generates about 100 TWh of heat annually — enough to heat all of Finland.This energy waste within a very energy-intense industry is leading entrepreneurs to look for ways to repurpose the heat for homes, offices, or other locations, especially in colder weather months.

During a frigid snap earlier this year, The New York Times reviewed HeatTrio, a $900 space heater that also doubles as a bitcoin mining rig. Others use the heat from their own in-home cryptocurrency mining to spread warmth throughout their house. "I've seen bitcoin rigs running quietly in attics, with the heat they generate rerouted through the home's ventilation system to offset heating costs. It's a clever use of what would otherwise be wasted energy," said Jill Ford, CEO of Bitford Digital, a sustainable bitcoin mining company based in Dallas... "Same price as heating the house, but the perk is that you are mining bitcoin," Ford said...

The crypto-heated future may be unfolding in the town of Challis, Idaho, where Cade Peterson's company, Softwarm, is repurposing bitcoin heat to ward off the winter. Several shops and businesses in town are experimenting with Softwarm's rigs to mine and heat. At TC Car, Truck and RV Wash, Peterson says, the owner was spending $25 a day to heat his wash bays to melt snow and warm up the water. "Traditional heaters would consume energy with no returns. They installed bitcoin miners and it produces more money in bitcoin than it costs to run," Peterson said. Meanwhile, an industrial concrete company is offsetting its $1,000 a month bill to heat its 2,500-gallon water tank by heating it with bitcoin. Peterson has heated his own home for two-and-a-half years using bitcoin mining equipment and believes that heat will power almost everything in the future. "You will go to Home Depot in a few years and buy a water heater with a data port on it and your water will be heated with bitcoin," Peterson said.
Derek Mohr, clinical associate professor at the University of Rochester Simon School of Business, remains skeptical. Bitcoin mining is so specialized now that a home computer, or even network of home computers, would have almost zero chance of being helpful in mining a block of bitcoin, according to Mohr, with mining farms use of specialized chips that are created to mine bitcoin much faster than a home computer... "The bitcoin heat devices I have seen appear to be simple space heaters that use your own electricity to heat the room..."
CNBC also spoke to Andrew Sobko, founder of Argentum AI (which is building a marketplace for sharing computing power), who says the idea makes the most sense in larger settings. "We're working with partners who are already redirecting compute heat into building heating systems and even agricultural greenhouse warming. That's where the economics and environmental benefits make real sense. Instead of trying to move the heat physically, you move the compute closer to where that heat provides value."