An anonymous reader quotes a report from TorrentFreak: Spotify and several major record labels, including UMG, Sony, and Warner, secured a $322 million default judgment against the unknown operators of Anna's Archive. The shadow library failed to appear in court and briefly released millions of tracks that were scraped from Spotify via BitTorrent. In addition to the monetary penalty, a permanent injunction required domain registrars and other parties to suspend the site's domain names. [...]

The music labels get the statutory maximum of $150,000 in damages for around 50 works. Spotify adds a DMCA circumvention claim of $2,500 for 120,000 music files, bringing the total to more than $322 million. The plaintiff previously described their damages request as "extremely conservative." The DMCA claim is based only on the 120,000 files, not the full 2.8 million that were released. Had they applied the $2,500 rate to all released files, the damages figure would exceed $7 billion. Anna's Archive did not show up in court, and the operators of the site remain unidentified. The judgment attempts to address this directly, by ordering Anna's Archive to file a compliance report within ten business days, under penalty of perjury, that includes valid contact information for the site and its managing agents.

Whether the site will comply with this order is highly uncertain. For now, the monetary judgment is mostly a victory on paper, as recouping money from an unknown entity is impossible. For this reason, the music companies also requested a permanent injunction. In addition to the damages award, [Judge Jed Rakoff] entered a permanent worldwide injunction covering ten Anna's Archive domains: annas-archive.org, .li, .se, .in, .pm, .gl, .ch, .pk, .gd, and .vg. Domain registries and registrars of record, along with hosting and internet service providers, are ordered to permanently disable access to those domains, disable authoritative nameservers, cease hosting services, and preserve evidence that could identify the site's operators.

The judgment names specific third parties bound by those obligations, including Public Interest Registry, Cloudflare, Switch Foundation, The Swedish Internet Foundation, Njalla SRL, IQWeb FZ-LLC, Immaterialism Ltd., Hosting Concepts B.V., Tucows Domains Inc., and OwnRegistrar, Inc. Anna's Archive is also ordered to destroy all copies of works scraped from Spotify and to file a compliance report within ten business days, under penalty of perjury, including valid contact information for the site and its managing agents. That last requirement could prove significant, given that the identity of the site's operators remains unknown.

An anonymous reader quotes a report from the Wall Street Journal: Rivian is joining with Redwood Materials to reuse EV batteries for energy storage -- the largest repurposed-battery energy storage system for an automotive manufacturer in the U.S., executives told The Wall Street Journal. Redwood Materials is a battery-recycling firm started by Tesla co-founder JB Straubel. Once completed later this year, Rivian's plant in Normal, Ill., will draw electricity from more than 100 Rivian EV batteries in an area the size of a small parking lot. It will reduce Rivian's dependence on the power grid during peak demand hours. "It saves Rivian money on what it takes to run the plant. It reduces the demand on the grid, which is great," Rivian Chief Executive Officer RJ Scaringe said in an interview.

In the Rivian project, the batteries will come from either its test vehicles or from vehicles that have viable batteries but can no longer drive. Those batteries get sent off to Redwood, which integrates them into power storage units. Both companies declined to specify the cost of this project. The setup is expected to initially provide 10 megawatt-hours of energy, equivalent to about 1,000 home-energy battery storage units linked together, Redwood's Straubel said. "These batteries are already built," he said. "We need to integrate them and connect them together, but that can happen quite fast. They don't have to get imported from some other place." [...] Scaringe said that while branching into battery energy storage systems is "not a focus for us as a business right now," Rivian hopes to do more at its sites with Redwood. "There's hopefully a lot more, and there's going to be a lot of batteries we'll have access to," he said.

Bloomberg describes him as a "former Harvard Medical School professor whose research has focused on the intersection of AI and neuroscience."

"For the past 20 years, I studied how the human brain stores and retrieves memories," Kreiman writes on LinkedIn. And now "My co-founder Spandan Madan and I built a new algorithm to endow humans with perfect and infinite memory." Engramme connects to your **memorome**, i.e., entire digital life. Large Memory Models work in the same way that your brain encodes and retrieves information. Then memories are recalled automatically — no searching, no prompting, no hallucinations. [The startup's web site promises "omniscient AI to augment human cognition."]

We have built the memory layer for EVERY app. Read our manifesto about augmenting human cognition. ["We are not just building software; we are enabling a complete transformation of human cognition. When the friction disappears between needing a piece of information and recalling it, the nature of thought itself changes. This synergy between biological intuition and digital precision will be the most disruptive force in modern history, fundamentally reshaping every profession... We are dedicated to creating a world where everyone has the power to remember everything they have ever learned, seen, or felt "]

Welcome to a new future where you can remember everything. This is the MEMORY SINGULARITY: after 300,000 years, this is the moment that humans stop forgetting.
Bloomberg reports that the startup (spun out of a lab at Harvard) is "in talks with investors to raise about $100 million, according to people familiar with the matter."

Forbes estimates he's worth roughly $110 billion, "placing him ahead of Bill Gates."

And now Changpeng Zhao, the 49-year-old billionaire founder of Binance, "has written a memoir..." It arrives with the unmistakable timing of a man determined to tell the world his version of his meteoric crypto rise and fall, and foreshadow his comeback. The book, Freedom of Money: A Memoir of Protecting Users, Resilience, and the Founding of Binance, runs 364 pages, self-published in English and Chinese.... Zhao also recounts Binance's long battle with U.S. regulators, the company's record $4.3 billion settlement for fostering unscrupulous money launderers, his four-month prison sentence in California, where he says he began writing the book, and his recent pardon by President Trump...

In Zhao's telling, the case brought by multiple U.S. agencies was less about what Binance had done than about what it had become... "It didn't make sense to me, or any of my lawyers. Other than the fact that we were the biggest in the industry." The U.S. government alleged something more specific: that Binance failed to implement programs to prevent or report suspicious transactions — including those tied to Hamas's Al-Qassam Brigades, Al Qaeda, and ISIS — while also processing trades between U.S. users and those in sanctioned jurisdictions like Iran, North Korea, and Syria. In total, regulators alleged the exchange willfully failed to report more than 100,000 suspicious transactions, including those involving terrorist organizations, ransomware attackers, child sexual exploitation material, frauds and scams... The final settlement amount — $4.3 billion, split across the Department of Justice, the Department of the Treasury's Financial Crimes Enforcement Network, the Office of Foreign Assets Control and the U.S. Commodity Futures Trading Commission — was the largest corporate penalty in the history of nearly each agency involved. Attorney General Merrick B. Garland said at the time of the announcement: "Binance became the world's largest cryptocurrency exchange in part because of the crimes it committed."

The prison passages are among the most vivid in the book. Zhao says he was worried about extortion because the media had reported he was the richest person in U.S. prison history, but then realized no one read the WSJ or Bloomberg or recognized him. Zhao also writes about the food, the routines and the specific indignity of confinement, including sharing a cell with a man serving 30 years for killing two people... Writes Zhao of his cellmate, "Soon, I discovered that the most lethal thing about him wasn't his murder conviction, it was his snoring. He snored more loudly than thunder strikes, the sound of which rose even above the constant toilet flushings."
Binance at one point held a roughly 20% stake in Sam Bankman-Fried's FTX and about $580 million in FTT tokens, the article points out. "As FTX neared collapse in late 2022, Zhao writes, Sam Bankman-Fried called to ask for a couple of billion dollars 'nonchalantly, as if he was asking for a bologna sandwich.'

"Some believe that Binance's brief show of interest in acquiring FTX, followed by its abrupt withdrawal from the deal, hastened FTX's spiral into bankruptcy..."

Thanks to long-time Slashdot reader destinyland for sharing the article.

175 million people in Brazil now use its instant-payment system "Pix", developed by the country's central bank for real-time payments using QR codes or keys, and American Banker notes that the central banks of Argentina and Costa Rica also have developed their own widely used digital systems for instant payments. Latin America has been able to build up sleek and effective payment systems in record time because it is not held back by legacy payment technology that isn't built for instant money movement. In the likes of the U.K., U.S. and Europe, payment systems are built on infrastructure that is often decades old. The process of building new systems is therefore incredibly operationally complex. Money must continue moving, so these systems can't just be "switched off."

Emerging markets, such as those in Latin America, did not have to contend with legacy technology on the same scale. Many of these communities were cash dominant until recently, due to the high fees associated with card usage and the lack of banking infrastructure in rural regions. However, while many people didn't have a local bank on their corner, they did have mobile phones... Through these digital channels, money moves instantly, via account-to-account transfers, QR codes and mobile wallets... Beyond this, real-time and traceable digital payments generate valuable cash-flow data that can transform credit underwriting for small and medium-size businesses, or SMEs. Historically, many SMEs in emerging and cash-reliant markets have struggled to access credit due to a lack of documented transaction histories, audited accounts or formal credit records...

Mexico is now poised to be the next success story. In Mexico, a third of people are unbanked, but 96% of the population owns a mobile phone. This creates the perfect launchpad for a digital-first payment system that can reach those historically excluded from traditional banking systems.
In fact, something already changed in 2025. Bloomberg reports that for the first time, digital payment transfers in the U.S.-to-Mexico remittance corridor exceeded cash transfers (with physical pickup locations like Western Union), according to Mexico's central bank. It's part of a Latin American market "worth more than $160 billion a year, roughly $62 billion of which goes to Mexico."

And Mexico's digitalization efforts will continue, according to the country's president, who said at a March banking conference that digital payments will now be encouraged for gasoline and tolls.

An anonymous reader quotes a report from The Drive: Farmers have been fighting John Deere for years over the right to repair their equipment, and this week, they finally reached a landmark settlement. While the agricultural manufacturing giant pointed out in a statement that this is no admission of wrongdoing, it agreed to pay $99 million into a fund for farms and individuals who participated in a class action lawsuit. Specifically, that money is available to those involved who paid John Deere's authorized dealers for large equipment repairs from January 2018. This means that plaintiffs will recover somewhere between 26% and 53% of overcharge damages, according to one of the court documents (PDF) -- far beyond the typical amount, which lands between 5% and 15%.

The settlement also includes an agreement by Deere to provide "the digital tools required for the maintenance, diagnosis, and repair" of tractors, combines, and other machinery for 10 years. That part is crucial, as farmers previously resorted to hacking their own equipment's software just to get it up and running again. John Deere signed a memorandum of understanding in 2023 that partially addressed those concerns, providing third parties with the technology to diagnose and repair, as long as its intellectual property was safeguarded. Monday's settlement seems to represent a much stronger (and legally binding) step forward. The report notes that a judge's approval of the settlement is still required but likely to happen. John Deere also faces another lawsuit by the U.S. FTC, accusing the company of forcing farmers to use its authorized dealer network and driving up their costs for parts and repairs.

Halter, a New Zealand agtech startup now valued at $2 billion, has raised $220 million to expand its AI-powered cattle management system. "Halter is now valued at $2 billion following the Series E, which was led by Peter Thiel's Founders Fund with participation from Blackbird, DCVC, Bond, Bessemer, and several others," reports Inc. From the report: Halter plans to use the funding to expand its existing footprint in the U.S., Australia, and New Zealand, as well as to grow into new markets such as Ireland, the U.K., and parts of North and South America. The round is one of the biggest to-date in the industry, and comes amid growing adoption of the technology among U.S. ranchers. According to Halter, U.S. ranchers have erected some 60,000 miles of virtual fencing since the company's launch in 2024.

Halter's technology works through a system of solar-powered collars and in-pasture towers that collect data -- some 6,000 data points per collar per minute -- from grazing cattle and feed it into a cloud-based platform and app for farmers. The collars are ergonomically designed to be comfortable for the cattle wearing them, and leverage AI to play audio cues or vibrate when it is time to move to a different grazing location or if they step outside of a predetermined zone. The collars can also deliver an electric pulse if an animal does not respond.

Halter's app also creates a digital twin of a ranch, which essentially means a digital replica that leverages real-time data to accurately reflect conditions. Farmers can consult the app to check on their herd, or fence, and move cattle with just a few clicks. Halter also has a proprietary algorithm that it calls a "Cowgorithm" trained on seven billion hours of animal behavior. Altogether, this technology is meant to make ranchers' lives easier when herding cattle, help them save money on building physical fencing, and provide insights about pasture management to improve soil health and pasture productivity. Halter says some 2,000 farmers and ranchers currently use its tech worldwide.

One crime ring scammed 2,000 elderly people of more than $27 million between 2021 and 2023 using tech support/bank impersonation/refund scams. "Victims were in their 70s and 80s," reports the U.S. Attorney's office for California's southern district. Victims were first told they'd received a refund (either online or via phone), but then told they'd been "over-refunded" a massive amount, and asked to return that amount.

But 42-year-old Jiandong Chen just admitted Thursday in a U.S. federal court that he was involved in the fraud and money laundering via cryptocurrency — pleading guilty to two charges with maximum penalties of 40 years in prison and a $1 million fine, plus 20 years in prison with a maximum fine of $500,000 or twice the amount laundered. "Chen, a Chinese national, is the second defendant charged in a five-defendant indictment." And what tripped him up seems to be that "Certain members of the conspiracy also did in-person pickups of money directly from victims..."

And so YouTube enters the story — when the scammers called pranksters with 1,790,000 subscribers to their "Trilogy Media" channel. In an elaborate three-hour video, the team of pranksters lured the scammer to a rented Airbnb where they're staging a fake funeral with a nun. (One of the men acting in the video remembers "we start doing a prayer... I'm holding the scammer's hand in my nun outfit...")

They convince the scammer to collect the cash from a dead man — "Is there anything you'd like to say to him?" Then there's demon voices. The scammer's victim resurrects from the dead. Did the cash mule bring holy water?

The end result was a video titled "CONFRONTING SCAMMERS WITH A FAKE FUNERAL (EPIC REACTIONS)". But two and a half years later, their "cash mule sting house" video has racked up over 1.3 million views, 22,000 likes, and 2,979 comments. ("This video is longer than Oppenheimer. Thanks for the laughs fellas.")

And the scammer is facing 60 years in prison.

"The April 1st timing should have been your first clue," writes Gadget Review. TechSpot's false story was just an April Fool's prank — although Gadget Review thinks it's still funny how "something about this particular piece of satire felt uncomfortably plausible." Maybe it's because AMD stock sits around $196 while Intel hovers near $41, or perhaps it's the poetic justice of the underdog finally eating the giant. The semiconductor world has witnessed stranger reversals, but none quite this dramatic. Your gaming rig's CPU battle represents decades of corporate warfare, legal grudges, and technological leapfrogging that makes Game of Thrones look like a friendly board game.

Picture this: In 1975, AMD reverse-engineered Intel's 8080 processor, creating the Am9080 clone. The audacity was breathtaking — AMD spent 50 cents per chip to manufacture something they sold for $700. That's a 1,400% markup on borrowed technology, making today's GPU prices look reasonable. This relationship evolved from copying to partnership to bitter rivalry. The companies signed second-sourcing deals in the late 1970s, with AMD becoming Intel's official backup supplier. Then came the lawsuits. AMD sued Intel for antitrust violations in 2005, eventually settling for $1.25 billion in 2009. That settlement money helped fund the Ryzen revolution that's currently eating Intel's lunch. The historical irony runs deeper than your typical tech rivalry. AMD literally started as Intel's shadow, creating chips by studying Intel's designs under microscopes. Today, Intel engineers probably study AMD's Zen architecture the same way...

This April Fool's joke works because it captures something true about power shifts in technology.
The site TipRanks notes that both companies saw their stock price rise Wednesday, though that might not be related to the false article. "Positive analyst coverage from Wells Fargo could be acting as a catalyst for AMD stock today. Intel also announced plans to buy back its 49% equity interest in a joint venture with Apollo Global Management APO."

An anonymous reader quotes a report from Wired: Today at a hearing of the Colorado Senate Business, Labor, and Technology committee, lawmakers voted unanimously to move Colorado state bill SB26-090 -- titled Exempt Critical Infrastructure from Right to Repair -- out of committee and into the state senate and house for a vote. The bill modifies Colorado's Consumer Right to Repair Digital Electronic Equipment act, which was passed in 2024 and went into effect in January 2026. While the protections secured by that act are wide, the new SB26-090 bill aims to "exempt information technology equipment that is intended for use in critical infrastructure from Colorado's consumer right to repair laws."

The bill is supported by tech manufacturers like Cisco and IBM, according to lobbying disclosures. These are companies that have vested interests in manufacturing things like routers, server equipment, and computers and stand to profit if they can control who fixes their products and the tools, components, and software used to make those upgrades and repairs. They also cite cybersecurity concerns, saying that giving people access to the tools and systems they would need to repair a device could also enable bad actors to use those methods for nefarious means. (This is a common argument manufacturers make when opposing right-to-repair laws.)

[...] During the hearing, more than a dozen repair advocates spoke from organizations like Pirg, the Repair Association, and iFixit opposing the bill. YouTuber and repair advocate Louis Rossmann was there. The main problem, repair advocates say, is that the bill deliberately uses vague language to make the case for controlling who can fix their products. [...] The Colorado Labor and Technology committee advanced the bill, but it still needs to go through votes on the Colorado Senate and House floors before going into effect. Those votes may take place as early as next week. Regardless of how the bill goes in the state, it's likely that manufacturers will continue their push to alter or undo repair legislation in other states across the country. "The 'information technology' and 'critical infrastructure' thing is as cynical as you can possibly be about it," says Nathan Proctor, the leader of Pirg's US right-to-repair campaign. "It sounds scary to lawmakers, but it just means the internet."

The current wording of the bill "leaves it up to the manufacturers to determine which items they will need to provide repair tools and parts to owners and independent repairers and which ones they don't," says Danny Katz, executive director CoPIRG, the Colorado branch of the consumer advocate group Pirg. "This is a bad policy and would be a big step back for Coloradans' repair rights."

iFixit CEO Kyle Wiens said in the hearing: "There's a general principle in cybersecurity that obscurity is not security," iFixit CEO Kyle Wiens said in the hearing. "The money that's behind the scenes, that's what's driving the bill."

schwit1 shares a report from the Kathmandu Post: In Nepal, helicopter rescue on high altitude is, by any measure, a genuine lifesaving operation. At high altitude, where oxygen thins and weather changes without warning, the ability to airlift a stricken trekker to Kathmandu within hours has saved countless lives. But threaded through that legitimate system, exploiting its urgency, its opacity, and its distance from oversight, is one of the most sophisticated insurance fraud networks in the world. Nepal's fake rescue scam is not new. The Kathmandu Post first exposed it in 2018. Months later, the government convened a fact-finding committee, produced a 700-page report, and announced reforms. In February 2019, The Kathmandu Post published a long investigative report. Last year, Nepal Police's Central Investigation Bureau reopened the file, and what they found is that the fraud did not stop -- instead it was growing.

The mechanics of the fake rescue racket are straightforward: stage a medical emergency, call in a helicopter, check a tourist into a hospital, and file an insurance claim that bears little resemblance to what actually happened. But the sophistication lies in how each link in the chain is compensated, and how difficult it is for a foreign insurer -- operating from Australia and the United Kingdom -- to verify events that occurred at 3,000 metres in a remote Himalayan valley. The CIB investigation identifies two primary methods for manufacturing an "emergency." The first involves tourists who simply don't want to walk back. After completing a demanding trek -- an Everest Base Camp trek, for instance, can take up to two weeks on foot -- guides offer an alternative: pretend to be sick, and a helicopter will come. The guide handles the rest. The second method is more troubling. At altitudes above 3,000 meters, mild symptoms of altitude sickness are common. Blood oxygen saturation can drop, hands and feet tingle, headaches develop. In most cases, rest, hydration or a gradual descent is all that is needed. But guides and hotel staff, according to the CIB investigation, have been trained to terrify trekkers at precisely this moment. They tell them they are at risk of dying, that only immediate evacuation will save them. In some cases, investigators found that Diamox (Acetazolamide) tablets, used to prevent altitude sickness, were administered alongside excessive water intake to induce the very symptoms that would justify a rescue call.

In at least one case cited in the investigation, baking powder was mixed into food to make tourists physically unwell. Once a "rescue" is called, the financial choreography begins. A single helicopter carries multiple passengers. But separate, full-price invoices are submitted to each passenger's insurance company, as if each had their own dedicated flight. A $4,000 charter becomes a $12,000 claim. Fake flight manifests and load sheets are fabricated. At the hospital, medical officers prepare discharge summaries using the digital signatures of senior doctors who were never involved in the case. In some cases, these are done without those doctors' knowledge. Fake admission records are created for tourists who were, in some documented instances, drinking beer in the hospital cafeteria at the time they were supposedly receiving treatment. In one case, an office assistant at Shreedhi Hospital admitted that he had provided his own X-ray report taken about a year ago at a different hospital, to be used as a case for treatment of foreign trekkers to claim insurance. The commission structure that holds the network together was described in detail during police interrogations. Hospitals pay 20 to 25 percent of the insurance payment to trekking companies and a further 20 to 25 percent to helicopter rescue operators in exchange for patient referrals. Trekking guides and their companies benefit from inflated invoices. In some cases, tourists themselves are offered cash incentives to participate.

An anonymous reader quotes a report from Gizmodo: OpenAI hasn't been shy about spending money lobbying for favorable laws and regulations. But when it comes to its involvement with child safety advocacy groups, the company has apparently decided it's best to stay in the shadows -- even if it means hiding from the people actually pushing for policy changes. According to a report from the San Francisco Standard, a number of people involved in the California-based Parents and Kids Safe AI Coalition were blindsided to learn their efforts were secretly being funded by OpenAI. Per the Standard, the Parents and Kids Safe AI Coalition was a group formed to push the Parents and Kids Safe AI Act, a piece of California legislation proposed earlier this year that would require AI firms to implement age verification and additional safeguards for users under the age of 18. That bill was backed by OpenAI in partnership with Common Sense Media, which proposed the legislation as a compromise after the two groups had pushed dueling ballot initiatives last year.

But when the coalition started to reach out to child safety groups and other advocacy organizations to try to get them to lend support to the bill, OpenAI was apparently conveniently left off the messaging. The AI giant was also left out of the marketing on the coalition's website, according to the Standard. That reportedly led to a number of groups and individuals lending their support to the Parents and Kids Safe AI Coalition without realizing that they were aligning themselves with OpenAI. As it turns out, OpenAI isn't just one of the members of the coalition; it is the group's biggest funder. In fact, the Standard characterized the Parents and Kids Safe AI Coalition as being "entirely funded" by OpenAI. While it's not clear exactly how much the company has funneled to this particular group, a Wall Street Journal report from January said OpenAI pledged $10 million to push the Parents and Kids Safe AI Act. Gizmodo notes that OpenAI's backing of the Parents and Kids Safe AI Act "could be self-serving for CEO Sam Altman," who just so happens to head a company called World that provides age verification services.

Apple's 50th anniversary is this week — and Fast Company's Harry McCracken just published an 11,000-word oral history with some fun stories from Apple's earliest days and the long and winding road to its very first home computers: Steve Wozniak, cofounder, Apple: I told my dad when I was in high school, "I'm going to own a computer someday." My dad said, "It costs as much as a house." And I sat there at the table — I remember right where we were sitting — and I said, "I'll live in an apartment." I was going to have a computer if it was ever possible. I didn't need a house.
Woz even remembers trying to build a home computer early on with a teenaged Steve Jobs and Bill Fernandez from rejected parts procured from local electronics companies. Woz designed it — "not from anybody else's design or from a manual. And Fernandez was one of those kids that could use a soldering iron." Bill Fernandez: The computer was very basic. It was working, and we were starting to talk about how we could hook a teletype up to it. Mrs. Wozniak called a reporter from the San Jose Mercury, and he came over with a photographer. We set up the computer on the floor of Steve Wozniak's bedroom.

Well, the core integrated circuit that ran the power supply that I built was an old reject part. We turned on the computer, and the power supply smoked and burnt out the circuitry. So we didn't get our photos in the paper with an article about the boy geniuses.
But within a few years Jobs and Wozniak both wound up with jobs at local tech companies. Atari cofounder Nolan Bushnell remembers that Steve Jobs "wasn't a good engineer, but he was a great technician. He was pristine in his ability to solder, which was actually important in those days." Meanwhile Allen Baum had shared Wozniak's high school interest in computers, and later got Woz a job working at Hewlett-Packard — where employees were allowed to use stockroom parts for private projects. ("When he needed some parts, even if we didn't have them, I could order them.") Baum helped with the Apple I and II, and joined Apple a decade later.

Wozniak remembers being inspired to build that first Apple I by the local Homebrew Computing Club, people "talking about great things that would happen to society, that we would be able to communicate like we never did [before] and educate in new ways. And being a geek would be important and have value." And once he'd built his first computer, "I wanted these people to help create the revolution. And so I passed out my designs with no copyright notices — public domain, open source, everything. A couple of other people in the club did build it."

But Woz and Jobs had even tried pitching the computer as a Hewlett-Packard product, Woz remembers: Steve Wozniak: I showed them what it would cost and how it would work and what it could do with my little demos. They had all the engineering people and the marketing people, and they turned me down. That was the first of five turndowns from Hewlett-Packard. Steve Jobs and I had to go into business on our own.
In the end, Randy Wigginton, Apple employee No. 6 remembers witnessing Jobs, Wozniak, and Ronald Wayne the signing of Apple's founding contract, "which is pretty funny, because I was 15 at the time." And it was Allen Baum's father who gave Wozniak and Jobs the bridge loan to buy the parts they'd need for their first 500 computers.

After all the memories, the article concludes that "Trying to connect every dot between Apple, the tiny, dirt-poor 1970s startup, and Apple, the $3.7 trillion 21st-century global colossus, is impossible." But this much is clear: The company has always been at its best when its original quirky humanity and willingness to be an outlier shine through.

Mark Johnson, Apple employee No. 13: I was in Cupertino just yesterday. It's totally different. They own Cupertino now.

Jonathan Rotenberg, who cofounded the Boston Computer Society in 1977 at age 13: People want to hate Apple, because it is big and powerful. But Apple has an underlying moral purpose that is immensely deep and expansive...

Mike Markkula, the early retiree from Intel whose guidance and money turned the garage startup into a company: The culture mattered. People were there for the right reasons — to build something transformative — not just to make money. That alignment produced extraordinary results...

Steve Wozniak: Everything you do in life should have some element of joy in it. Even your work should have an element of joy... When you're about to die, you have certain memories. And for me, it's not going to be Apple going public or Apple being huge and all that. It's really going to be stories from the period when humble people spotted something that was interesting and followed it

I'll be thinking of that when I die, along with a lot of pranks I played. The important things.

In many rural areas, America's online shoppers can wait half a week or more for deliveries. But Amazon started a $4 billion "rural delivery push" last year, reports Bloomberg, and has now cut delivery times to under 24 hours for 1 in 5 rural and small-town households, with 48-hour delivery to 62% of rural households. The payoff could be huge. Rural shoppers in the US collectively spend $1 trillion a year on clothing, electronics, household goods and other items, representing about 20% of retail purchases excluding cars and gasoline, according to Morgan Stanley. Amazon aims to recondition those shoppers to expect quick delivery, which would play to its strengths and make the company top-of-mind for online purchases... "Rural America is often overlooked," said Sky Canaves, an analyst at EMarketer Inc. who tracks online sales. "This is the opportunity Amazon is trying to seize because e-commerce growth is getting harder to come by...."

Amazon's rural push will require a lot more rural business owners willing to make deliveries... Today, Amazon delivers more parcels overall than UPS and FedEx, which are both shedding workers and shrinking their delivery networks, including in rural areas. By picking up the slack, Amazon is expected to become the largest parcel carrier in the US — surpassing the postal service — in 2028, according to the shipping software company Pitney Bowes. Amazon currently delivers two of three orders itself. For rural shoppers, the most visible change will be fewer brown UPS trucks, fewer packages delivered by mail carriers and more small business owners pulling up in their minivans.
Amazon's relationship with America's postal service "has become rocky following a dispute over contract terms," notes the Wall Street Journal. But they also share an interesting calculation by Marc Wulfraat, president of MWPVL International, a supply-chain consultancy monitoring the e-commerce company's logistics network. . At Amazon's current pace of constructing 40 to 50 new delivery hubs each year, he estimates Amazon will be able to ship packages to every single U.S. ZIP Code within four years.

Bell Labs "created many of the foundational innovations of the modern age," writes Jon Gertner, author of The Idea Factory: Bell Labs and the Great Age of American Innovation — from transistors and telecommunications satellites to Unix and the C programming language.

But what was the secret to its success? he asks in a new article for the Wall Street Journal. Start with its lucky arrival in a "problem-rich" environment, suggests Arno Penzias, winner of one of Bell Labs' 11 Nobel Prizes: It was Bell Labs' responsibility, in other words, to create technologies for designing, expanding and improving an unruly communications network of cables and microwave links and glass fibers. The Labs also had to figure out ways to create underwater conduits, as well as switching centers that could manage the growing number of customers and escalating amounts of data.... Money mattered, too. Being connected to AT&T, the largest company in the world, was an advantage. The Labs' budget was enormous, and accounting conventions allowed its parent company to make huge and continuing investments in R & D. The generous funding, moreover, allowed scientists and engineers to buy and build expensive equipment — for instance, anechoic chambers to create the world's quietest rooms...

The most fortunate part of Bell Labs' situation, however, was that in being attached to a monopoly it could partake in long-term thinking... Without competition nipping at its heels, Bell Labs engineers had the luxury of working out difficult ideas over decades. The first conceptualization of a cellular phone network, for instance, came out of the Labs in the late 1940s; it wasn't until the late 1970s that technicians began testing one in Chicago to gauge its potential. The challenge of deploying these technologies was immense. (The regulatory hurdles were formidable, too....)
The article also credits the visionary management of Mervin Kelly — who fortunately also "had access to funding in a decade when most executives and universities didn't" to hire the brightest people. (By the early 1980s Bell Labs employed about 25,000 researchers, technicians and support staff, with an annual budget of $2 billion — roughly $7 billion in today's dollars.) "The Labs' involvement in World War II suggested to Kelly that an exciting postwar era of electronics was approaching, but that the technical problems would be so complex that they required a mix of expertise — not just physicists, but material scientists, chemists, electrical engineers, circuitry experts and the like." At Bell Labs, Kelly would sometimes handpick teams and create such a mix, as was the case for the transistor invention in the late 1940s. He came to see innovation arising not from like-minded or similarly trained people conversing with each other, but from a friction of ideas and approaches. It meant hiring researchers who had different personalities and favored a range of experimental angles. It also meant personally designing a campus in Murray Hill where departments were spread apart, so that scientists and engineers would be forced to walk, mingle and engage in serendipitous conversations and debate ideas. Meanwhile, under Kelly, the Labs focused on hiring people who were deeply curious, not just smart. Kelly saw it as his professional duty to do far more than what was expected, with his laboratory and vast resources, to create new technologies...

The breakup of AT&T's monopoly, which led to a steady shrinking of Bell Labs' staff, budget and remit, shows us that no matter how forward looking your employees and managers may be, they will not necessarily see the future coming. It likewise suggests that technological progress is too unpredictable for one organization, no matter how powerful or smart, to control. Famously, Bell Labs managers didn't see value in the Arpanet, which eventually led to today's internet.

And yet, for at least five decades, Bell Labs created a blueprint for the global development of communications and electronics. In understanding why it did so, I tend to think its ultimate secret may be hiding in plain sight. The secret has to do with Bell Labs' structure — not only being connected to a fabulously profitable monopoly, but being connected to a company that could move theoretical and applied research into a huge manufacturing division that made telecom equipment (at Western Electric) and ultimately into a dynamic operating system (the AT&T network)... Scientists and engineers at the Labs understood their ideas would be implemented, if they passed muster, into the huge system its parent company was running.
Bell Labs racked up about 30,000 patents, according to the article, and celebrated its 100th anniversary last April.

It is now part of Finland-based Nokia.

Just six days ago — and 30 minutes after a Disney-OpenAI meeting about a project with Sora — Disney's team was "blindsided" with the news Sora was being discontinued, a person familiar with the matter told Reuters, describing OpenAI's move as "a big rug-pull."

Even some Sora employees were surprised by the cancellation. It was just 14 weeks ago Disney announced a $1 billion investment in OpenAI's AI-powered video generation tool — plus a three-year licensing deal. But that deal "never closed," Reuters adds, citing two other people familiar with the matter, "and no money changed hands." (Although the two sides are still "discussing if there is another way they can partner or invest with one another, one of the people familiar with the matter said.")

But Variety wonders if the end of the Sora deal is "a blessing in disguise" for Disney: Before Disney's officially sanctioned AI-generated versions of Mickey Mouse, Darth Vader, Baby Yoda, Deadpool and more debuted in OpenAI's Sora, the AI company abruptly pulled the plug on the video app...

[M]any aficionados of Disney's franchises were not, in fact, excited about what Sora's video generator might do to the likes of the Avengers superheroes or the characters from Frozen or Moana. And despite [departed Disney CEO Bob] Iger's bullishness on the Sora deal, other Disney execs were said to be concerned that going into business with OpenAI would expose the Magic Kingdom's crown jewels to the risk of being turned into so much AI slop, according to industry sources. Hollywood unions — for which AI adoption has been a hot-button issue — weren't thrilled about the Disney-Sora deal either. "Disney's announcement with OpenAI appears to sanction its theft of our work and cedes the value of what we create to a tech company that has built its business off our backs," the Writers Guild of America said in December... [S]ources say, Disney was encountering roadblocks in getting the OK from voice actors for the Sora pact...

At least publicly, Disney says it is still looking at ways it can tap into the AI ecosystem. The company, in a statement Tuesday, said, "we will continue to engage with AI platforms to find new ways to meet fans where they are while responsibly embracing new technologies that respect IP and the rights of creators." But at this point, Disney may decide that "meeting fans where they are" means keeping its beloved and world-famous characters away from the AI machinery.
Or, as Gizmodo puts it, "Disney Says It Will Find Ways to Peddle Slop Elsewhere After Pulling Out of OpenAI Deal."

But Deadline sees the deal's collapses as a lost opportunity: The OpenAI partnership was a template on which to build, potentially allowing for other deals that end the exploitation of human creativity by unscrupulous AI models. It was also the kind of partnership that was palatable for the Human Artistry Campaign and Creators Coalition on AI, lobby groups that have been critical of tech business models and command support from A-listers including Scarlett Johansson, Cate Blanchett and Joseph Gordon-Levitt.

Dr. Moiya McTier, an advisor to the Human Artistry Campaign, puts it this way: Part of the problem is getting "artsy people and the techie people to talk." OpenAI sinking Sora will not make these discussions easier. It's a move that starkly exposes Hollywood's vulnerability to the capriciousness of big tech.

An anonymous reader quotes a report from NPR: The Trump administration will pay $1 billion to a French company to walk away from two U.S. offshore wind leases as the administration ramps up its campaign against offshore wind and other renewable energy. TotalEnergies has agreed to what's essentially a refund of its leases for projects off the coasts of North Carolina and New York, and will invest the money in fossil fuel projects instead, the Department of Interior announced Monday.

The Trump administration has tried to halt offshore wind construction, but federal judges overturned those orders. Environmental groups denounced the TotalEnergies deal as an alternate way to block wind projects. President Donald Trump has gone all in on fossil fuels, which he says is the way to lower costs for families, increase reliability and help the U.S. maintain global leadership in artificial intelligence.

TotalEnergies pledged to not develop any new offshore wind projects in the United States. TotalEnergies CEO Patrick Pouyanne said in a statement that the company renounced offshore wind development in the United States in exchange for the reimbursement of the lease fees, "considering that the development of offshore wind projects is not in the country's interest." Pouyanne said the refunded lease fees will finance the construction of a liquefied natural gas plant in Texas and the development of its oil and gas activities, calling it a "more efficient use of capital" in the U.S. After it makes those investments, TotalEnergies will be reimbursed, up to the amount paid in lease purchases for offshore wind, according to the DOI.

An anonymous reader quotes a report from TechCrunch: Senators Adam Schiff (D-CA) and John Curtis (R-UT) introduced (PDF) a bill on Monday that could prevent prediction market platforms Kalshi and Polymarket from allowing users to wager money on sports events or play casino-style games. This bipartisan bill would not apply to FanDuel and DraftKings, which are subject to state-by-state gambling laws, rather than federal ones. "Sports prediction contracts are sports bets -- just with a different name. And yet, these contracts are currently offered in all fifty states in clear violation of state and federal law," Schiff said in a statement.

Prediction markets like Kalshi and Polymarket are regulated under the Commodity Futures Trading Commission (CFTC), which is why Schiff and Curtis are able to address them under federal jurisdiction, rather than leaving them to state-regulated sportsbooks. But these senators argue that there isn't much of a difference in practice between betting on sports via federally or state-regulated apps. Kalshi's Super Bowl trading volume, for instance, reached over $1 billion this year -- a 2700% increase year-over-year. "Too many young people in Utah are getting exposed to addictive sports betting and casino-style gaming contracts that belong under state control, not under federal regulators," Curtis said in a statement. The report notes that Kalshi is temporarily banned in Nevada and is facing criminal charges in Arizona. "Kalshi may brand itself as a 'prediction market,' but what it's actually doing is running an illegal gambling operation and taking bets on Arizona elections, both of which violate Arizona law," Arizona Attorney General Kris Mayes said in a statement last week.

A man crossing the street one San Francisco night spotted a self-driving car — and decided to confront its passenger, 37-year-old tech worker Doug Fulop. The New York Times reports the man yelled that "he wanted to kill Fulop and the other two passengers for giving money to a robot." A taxi driver would have simply driven away. But Fulop's vehicle had no driver — it was a self-driving Waymo... Self-driving cars are designed to stop moving if a person is nearby. People can take advantage of that function to harass and threaten their passengers.... It was unsettling to be trapped inside a Waymo during an attack, Fulop said. "If he had kept hammering on one window instead of alternating, I'm sure he would have eventually broken through," he said. The attacker did not appear to be on drugs or otherwise impaired, but seemed to be overtaken by extreme anger at the self-driving car, Fulop said.

It did not seem safe to get out and run, he added, since the man was trying to open the locked doors and said he wanted to kill the passengers. They called 911 and Waymo's support line, Fulop said. Waymo told them that it would not manually direct the car away if someone was standing nearby, and that the passengers would be OK with the doors locked. The car's software does not allow riders to jump into the driver's seat and take over during an incident. The attack lasted around six minutes. By then, bystanders had begun cheering on the man, Fulop said. That distracted the man, who moved far enough away from the car that it could finally drive away...

Fulop said he had stopped using Waymo for a time after the January attack and would avoid the service at night unless the company changed its policy of not intervening when a hostile person threatened riders. "As passengers, we deserve more safety than that if someone is trying to attack us," he said. "This can't be the policy to be trapped there."
The article remembers other incidents — including a 2024 video showing three women screaming as their autonomous taxi is spray-painted by vandals. And technology author/speaker Anders Sorman-Nilsson says in Los Angeles five men on e-bikes surrounded his Waymo and forced it to stop. The author felt safe inside the vehicle, according to the times, which adds "He felt reassured knowing that Waymo's many exterior cameras were recording the men. After around five minutes, he said, they gave up and rode away."

"Billionaire Elon Musk has announced plans to build a $20 billion chip plant in Austin, Texas" reports a local news station: Musk announced on Saturday night during a livestream on his social media platform X that the plant, called "Terafab," will be built near Tesla's campus and gigafactory in eastern Travis County. The long-anticipated project is a joint venture between Musk-owned properties Tesla, SpaceX and xAI... The Terafab plant is expected to begin production in 2027.
Musk "has said the semiconductor industry is moving too slow to keep up with the supply of chips he expects to need," writes Bloomberg — quoting Musk as saying "We either build the Terafab or we don't have the chips, and we need the chips, so we build the Terafab." Musk detailed some specific plans, including producing chips that can support 100 to 200 gigawatts a year of computing power on Earth, and chips that can support a terawatt in space, but gave no timelines for the facility or its output... The facility is expected to make two types of chips, one of which will be optimized for edge and inference, primarily for his vehicle, robotaxi and Optimus humanoid robots. The other will be a high-power chip, designed for space that could be used by SpaceX and xAI... Musk said he expects xAI to use the vast majority of the chips.

During the presentation, Musk also unveiled a speculative rendering of a future "mini" AI data center satellite, one piece of a much larger satellite system that he wants SpaceX to build to do complex computing in space. In January, SpaceX requested a license from the Federal Communications Commission to launch one million data center satellites into orbit around Earth. Musk said that the mini satellite he revealed would have the capacity for 100 kilowatts of power. "We expect future satellites to probably go to the megawatt range," Musk said.

Raising money to build and launch AI data centers in space is one of the driving forces behind SpaceX's planned IPO later this year. SpaceX is expected to raise as much as $50 billion in a record-setting IPO this summer which could value it at more than $1.75 trillion, Bloomberg News reported earlier.