United States

US Ends Penny-Making Run After More Than 230 Years (bbc.com) 186

The US is set to make its final penny. The Philadelphia Mint will strike its last batch of one-cent coins on Thursday, after more than 230 years of production. From a report: The coins will remain in circulation but the phase-out has already prompted businesses to start adjusting prices, as they say pennies are becoming harder to find. The government says the move will save money, or as President Donald Trump put it in February when he first announced the plans: "Rip the waste out of our great nation's budget, even if it's a penny at a time."

Pennies, which honour Civil War president Abraham Lincoln and are made of copper-plated zinc, today cost nearly four cents each to make -- more than twice the cost of a decade ago, according to the Treasury Department. It estimates the decision to end production will save about $56 million a year. Officials have argued that the rise of electronic transactions is making the penny, which first went into production in 1793, increasingly moot. The Treasury Department estimates that about 300 billion of the coins will remain in circulation, "far exceeding the amount needed for commerce."

Youtube

YouTube TV Blackout Is Costing Disney an Estimated $4.3 Million Per Day In Lost Revenue (variety.com) 44

Disney is losing an estimated $4.3 million per day (about $30 million per week) from the ongoing YouTube TV blackout of ESPN, ABC, and other networks amid a contract dispute over carriage fees. Of course, YouTube is also feeling financial pressure from users who have already canceled or intend to cancel their service. Variety reports: Disney is losing an estimated $30 million per week from its networks being pulled off YouTube TV, which works out to nearly $4.3 million per day, according to Morgan Stanley analysts. The figure came in a research note from Morgan Stanley equity analysts Benjamin Swinburne and Thomas Yeh, who said in their financial forecast for Disney's year-end 2025 quarter, they are "layering in 14 days of impact from the ongoing YouTube TV blackout, which we estimate is a $60mm revenue headwind."

Nov. 11 marks the 12th day of the Disney blackout on YouTube TV. The Morgan Stanley analysts wrote that they expect the Disney-YouTube TV dispute to be resolved later this week, but estimated that each week its networks are dark on YouTube TV will lower Disney's adjusted earnings per share by 2 cents.

The Almighty Buck

Saudi Arabia's Dystopian Futuristic City Project Is Crashing and Burning (gizmodo.com) 92

An anonymous reader quotes a report from Gizmodo: It appears that Neom -- Saudi Arabia's hugely expensive, architecturally bizarre urban development project -- is floundering and close to collapse. A new report from the Financial Times cites high-level sources within the project to paint a picture of dysfunction and failure at the heart of the quixotic effort. Neom was envisioned as a vast series of fantastical urban developments spread across the coast of the Red Sea. At the center of the project is The Line -- a proposed 105-mile-long city which developers had initially projected could house as many as 9 million people by the year 2030.

The Line is defined by bizarre architectural flourishes that, as the story notes, have seemed impossible even to the execs tasked with making them a reality. One such addition is an upside-down building, dubbed "the chandelier," that is supposed to hang over a "gateway" marina to the city: "As architects worked through the plans, the chandelier began to seem implausible. One recalled warning Tarek Qaddumi, The Line's executive director, of the difficulty of suspending a 30-story building upside down from a bridge hundreds of metres in the air. 'You do realize the earth is spinning? And that tall towers sway?' he said. The chandelier, the architect explained, could 'start to move like a pendulum,' then 'pick up speed,' and eventually 'break off,' crashing into the marina below."

Yes, that doesn't sound great. Now, according to those sources the FT talked to, the project is looking more and more like a hugely expensive pipe dream that will never come to pass: "Today, with at least $50 billion spent, the desert is pock-marked with piling, and deep trenches stretch across the landscape. But Prince Mohammed, who chairs Neom, has dramatically scaled back the first phase of the plans. Neom told the FT that The Line remained 'a strategic priority' that would ultimately 'provide a new blueprint for humanity by changing the way people live.' But they described it as a 'multi-generational development of unprecedented scale and complexity.'"

The outlet interviewed workers on the project who seem to feel that it's only a matter of time before the project is declared DOA: "While Neom employees say that much of The Line might still be technically buildable, they are not convinced anyone is ready to pay for it. Construction work across Neom has slowed, with the desert ski resort Trojena, the intended venue for the 2029 Asian Winter Games, one of the few sites still moving ahead at pace ... one former employee has said that everyone knows the project won't work; it is now just a matter of letting MBS down gently."

Chief among the project's problems is the fact that, as Neom's bizarre developments have failed to materialize, it has become increasingly difficult to encourage investors to put up money for the absurdly expensive project. FT notes: "Senior executives were constantly asking for more money, but The Line was competing with other Neom projects. Some wealthy Saudi families put modest sums into the project, but the large investments Riyadh hoped to lure from foreign backers never materialized." The lack of adequate funding coming in has led a senior construction manager to tell FT that he feels the Line will never be built.

Microsoft

Microsoft Bets on Influencers To Close the Gap With ChatGPT (msn.com) 27

An anonymous reader shares a report: Microsoft, eager to boost downloads of its Copilot chatbot, has recruited some of the most popular influencers in America to push a message to young consumers that might be summed up as: Our AI assistant is as cool as ChatGPT. Microsoft could use the help. The company recently said its family of Copilot assistants attracts 150 million active users each month. But OpenAI's ChatGPT claims 800 million weekly active users, and Google's Gemini boasts 650 million a month. Microsoft has an edge with corporate customers, thanks to a long history of selling them software and cloud services. But it has struggled to crack the consumer market -- especially people under 30.

"We're a challenger brand in this area, and we're kind of up and coming," Consumer Chief Marketing Officer Yusuf Mehdi said in an interview. Mehdi hopes to persuade key influencers to make Copilot their chatbot of choice and then use their popularity to market the assistant to their millions of followers. He says Microsoft is already getting more bang for the buck with influencers than with traditional media, but didn't provide any metrics.

[...] Using non-techies as spokespeople is meant to reinforce Microsoft's campaign to sell its chatbot as a life coach for everyone. Or as Consumer AI chief Mustafa Suleyman wrote in a recent essay, an AI companion that "helps you think, plan and dream."

Businesses

Visa and Mastercard Near Deal With Merchants That Would Change Rewards Landscape (msn.com) 159

Visa and Mastercard are nearing a settlement with merchants that aims to end a 20-year-old legal dispute by lowering fees stores pay and giving them more power to reject certain credit cards, WSJ reports, citing people familiar with the matter. From the report: Under terms being discussed, Visa and Mastercard would lower credit-card interchange fees, which are often between 2% and 2.5%, by an average of around 0.1 percentage point over several years, the people said. They would also loosen rules that require merchants that accept one of a network's credit cards to accept all of them.

A deal could be announced soon, the people said, and would require court approval to take effect. If an agreement is finalized, consumers could see big changes at the register. Merchants that accept one kind of Visa credit card wouldn't have to accept all Visa credit cards, for example. Under the current talks, credit-card acceptance would be divided into several categories including rewards credit cards, credit cards with no rewards programs, and commercial cards, the people familiar with the matter said.

Some stores might turn away rewards cards, which charge them higher fees and in recent years have become very popular with consumers. But stores that reject those cards would face the risk of declining sales.

Biotech

Genetically Engineered Babies Are Banned in the US. But Tech Titans Are Trying to Make One Anyway (msn.com) 91

"For months, a small company in San Francisco has been pursuing a secretive project: the birth of a genetically engineered baby," reports the Wall Street Journal: Backed by OpenAI chief executive Sam Altman and his husband, along with Coinbase co-founder and CEO Brian Armstrong, the startup — called Preventive — has been quietly preparing what would amount to a biological first. They are working toward creating a child born from an embryo edited to prevent a hereditary disease.... Editing genes in embryos with the intention of creating babies from them is banned in the U.S. and many countries. Preventive has been searching for places to experiment where embryo editing is allowed, including the United Arab Emirates, according to correspondence reviewed by The Wall Street Journal...

Preventive is in the vanguard of a growing number of startups, funded by some of the most powerful people in Silicon Valley, that are pushing the boundaries of fertility and working to commercialize reproductive genetic technologies. Some are working on embryo editing, while others are already selling genetic screening tools that seek to account for the influence of dozens or hundreds of genes on a trait. They say their ultimate goal is to produce babies who are free of genetic disease and resilient against illnesses. Some say they can also give parents the ability to choose embryos that will have higher IQs and preferred traits such as height and eye color. Armstrong, the cryptocurrency billionaire, is leading the charge to make embryo editing a reality. He has told people that gene-editing technology could produce children who are less prone to heart disease, with lower cholesterol and stronger bones to prevent osteoporosis. According to documents and people briefed on his plans, he is already an investor or in talks with embryo editing ventures...

After the Journal approached people close to the company last month to ask about its work, Preventive announced on its website that it had raised $30 million in investment to explore embryo editing. The statement pledged not to advance to human trials "if safety cannot be established through extensive research..." Other embryo editing startups are Manhattan Genomics, co-founded by Thiel Fellow Cathy Tie, and Bootstrap Bio, which plans to conduct tests in Honduras. Both companies are in early stages.

The article notes the only known instance of children born from edited embryos was in 2018, when Chinese scientist He Jiankui "shocked the world with news that he had produced three children genetically altered as embryos to be immune to HIV. He was sentenced to prison in China for three years for the illegal practice of medicine.

"He hasn't publicly shared the children's identities but says they are healthy.
Mars

Blue Origin Postpones Attempt to Launch Unique ''EscaPADE' Orbiters to Mars (cnn.com) 33

UPDATE (1:16 PST) Today's launch has been scrubbed due to weather, and Blue Origin is now reviewing opportunities for new launch windows.

Sunday Morning Blue Origin livestreamed the planned launch of its New Glenn rocket, which will carry a very unique mission for NASA. "Twin spacecraft are set to take off on an unprecedented, winding journey to Mars," reports CNN, "where they will investigate why the barren red planet began to lose its atmosphere billions of years ago." By observing two Mars locations simultaneously, this mission can measure how Mars responds to space weather in real time — and how the Martian magnetosphere changes... Called EscaPADE, the mission will aim for an orbital trajectory that has never been attempted before, according to aerospace company Advanced Space, which is supporting the project. If successful, it could be a crucial case study that can allow extraordinary flexibility for planetary science missions down the road. The robotic mission plans to spend a year idling in an orbital backroad before heading to its target destination... [R]ather than turning toward Mars, the two orbiters will instead aim for Lagrange Point 2, or L2 — a cosmic balance point about 1.5 million kilometers (930,000 miles) from Earth. Lagrange points are special because they act as gravitational wells in which the pull of the sun and Earth are in perfect balance. The conditions can allow spacecraft to linger without being dragged away... The spacecraft will then loop endlessly in a kidney bean-shaped orbit around L2 until next year's Mars transfer window opens.
This "launch and loiter" project is part of NASA's SIMPLEx [Small, Innovative Missions for Planetary Exploration] program, which seeks high-value missions for less money, notes CNN. "EscaPADE's cost was less than $100 million, compared with the roughly $300 million to $600 million price tags of other NASA satellites orbiting Mars."

"Blue Origin is also attempting to land and recover New Glenn's first-stage booster," notes another CNN article.
AI

Common Crawl Criticized for 'Quietly Funneling Paywalled Articles to AI Developers' (msn.com) 42

For more than a decade, the nonprofit Common Crawl "has been scraping billions of webpages to build a massive archive of the internet," notes the Atlantic, making it freely available for research. "In recent years, however, this archive has been put to a controversial purpose: AI companies including OpenAI, Google, Anthropic, Nvidia, Meta, and Amazon have used it to train large language models.

"In the process, my reporting has found, Common Crawl has opened a back door for AI companies to train their models with paywalled articles from major news websites. And the foundation appears to be lying to publishers about this — as well as masking the actual contents of its archives..." Common Crawl's website states that it scrapes the internet for "freely available content" without "going behind any 'paywalls.'" Yet the organization has taken articles from major news websites that people normally have to pay for — allowing AI companies to train their LLMs on high-quality journalism for free. Meanwhile, Common Crawl's executive director, Rich Skrenta, has publicly made the case that AI models should be able to access anything on the internet. "The robots are people too," he told me, and should therefore be allowed to "read the books" for free. Multiple news publishers have requested that Common Crawl remove their articles to prevent exactly this use. Common Crawl says it complies with these requests. But my research shows that it does not.

I've discovered that pages downloaded by Common Crawl have appeared in the training data of thousands of AI models. As Stefan Baack, a researcher formerly at Mozilla, has written, "Generative AI in its current form would probably not be possible without Common Crawl." In 2020, OpenAI used Common Crawl's archives to train GPT-3. OpenAI claimed that the program could generate "news articles which human evaluators have difficulty distinguishing from articles written by humans," and in 2022, an iteration on that model, GPT-3.5, became the basis for ChatGPT, kicking off the ongoing generative-AI boom. Many different AI companies are now using publishers' articles to train models that summarize and paraphrase the news, and are deploying those models in ways that steal readers from writers and publishers.

Common Crawl maintains that it is doing nothing wrong. I spoke with Skrenta twice while reporting this story. During the second conversation, I asked him about the foundation archiving news articles even after publishers have asked it to stop. Skrenta told me that these publishers are making a mistake by excluding themselves from "Search 2.0" — referring to the generative-AI products now widely being used to find information online — and said that, anyway, it is the publishers that made their work available in the first place. "You shouldn't have put your content on the internet if you didn't want it to be on the internet," he said. Common Crawl doesn't log in to the websites it scrapes, but its scraper is immune to some of the paywall mechanisms used by news publishers. For example, on many news websites, you can briefly see the full text of any article before your web browser executes the paywall code that checks whether you're a subscriber and hides the content if you're not. Common Crawl's scraper never executes that code, so it gets the full articles.

Thus, by my estimate, the foundation's archives contain millions of articles from news organizations around the world, including The Economist, the Los Angeles Times, The Wall Street Journal, The New York Times, The New Yorker, Harper's, and The Atlantic.... A search for nytimes.com in any crawl from 2013 through 2022 shows a "no captures" result, when in fact there are articles from NYTimes.com in most of these crawls.

"In the past year, Common Crawl's CCBot has become the scraper most widely blocked by the top 1,000 websites," the article points out...
AI

'Stratospheric' AI Spending By Four Wealthy Companies Reaches $360B Just For Data Centers (msn.com) 63

"Maybe you've heard that artificial intelligence is a bubble poised to burst," writes a Washington Post technology columnist. "Maybe you have heard that it isn't. (No one really knows either way, but that won't stop the bros from jabbering about it constantly.)"

"But I can confidently tell you that the money being thrown around for AI is so huge that numbers have lost all meaning." The companies pouring money in are so rich and so power-hungry (in multiple meanings of that term) that our puny human brains cannot really comprehend. So let's try to give some meaning and context to the stratospheric numbers in AI. Is it a bubble? Eh, who knows. But it is completely bonkers. In just the past year, the four richest companies developing AI — Microsoft, Google, Amazon and Meta — have spent roughly $360 billion combined for big-ticket projects, which included building AI data centers and stuffing them with computer chips and equipment, according to my analysis of financial disclosures.... How do companies pay for the enormous sums they are lavishing on AI? Mostly, these companies make so much money that they can afford to go bananas...

Eight of the world's top 10 most valuable companies are AI-centric or AI-ish American corporate giants — Nvidia, Apple, Microsoft, Google, Amazon, Broadcom, Meta and Tesla. That's according to tallies from S&P Global Market Intelligence based on the total price of the companies' stock held by investors. My analysis of the S&P data shows that the collective worth of those eight giants, $23 trillion, is more than the value of the next 96 most valuable U.S. companies put together, which includes many still very rich names such as JPMorgan, Walmart, Visa and ExxonMobil. No. 1 on that list, the AI computer chip seller Nvidia, last week become the first company in history to reach a stock market value of $5 trillion. That alone was more than the value of entire stock markets in most countries, Bloomberg News reported, other than the five biggest (in the U.S., China, Japan, Hong Kong and India)...

All the announced or under-construction data centers for powering AI would consume roughly as much electricity as 44 million households in the United States if they run full tilt, according to a recent analysis by the Barclays investment bank as reported by the Financial Times. For context, that's nearly one-third of the total number of residential housing units in the entire country, according to U.S. Census Bureau housing estimates for 2024.

The Almighty Buck

You Can't Leave Unless You Buy Something (sfgate.com) 195

An anonymous reader quotes a report from SFGATE: At the Safeway on San Francisco's King Street, you now can't leave the store unless you buy something. The Mission Bay grocery store recently installed new anti-theft measures at the entrance and exit. New gates at the entrance automatically swing open when customers walk in, but they're set to trigger an alarm if someone attempts to back out. And if you walk into Safeway and change your mind about grocery shopping, you might find yourself trapped: Another gate that only opens if you scan your receipt blocks the store's sole exit.

During my Monday visit, I purchased a kombucha and went through the check-out line without incident. (No high-tech gates block the exit if you go through the line like normal.) But for journalism's sake, I then headed back into the store to try going out the new gate. While I watched some customers struggle with the new technology, my receipt scanned immediately. The glass doors slid open, and I was free. But if, like this person on the San Francisco subreddit recounted, I hadn't bought anything, my only means of exit would have been to beg the security guard to let me out.

The Almighty Buck

Direct File Won't Happen in 2026, IRS Tells States (nextgov.com) 93

NextGov: The IRS has notified states that offered the free, government tax filing service known as Direct File in 2025 that the program won't be available next filing season. In an email sent from the IRS to 25 states, the tax agency thanked them for collaborating and noted that "no launch date has been set for the future."

"IRS Direct File will not be available in Filing Season 2026," says the Monday email, obtained by Nextgov/FCW and confirmed by multiple sources. It follows reports that the program was ending and Trump's former tax chief, Billy Long, remarking over the summer that the service was "gone."

The program, which debuted in 2024, was a big shift from the decades-long IRS policy of not competing with the tax prep industry in offering its own free, online tax filing service for Americans. Many Republicans had opposed Direct File, and tax prep companies also lobbied against it.

China

Dutch Ready To Drop Nexperia Control If Chip Supply Resumes (msn.com) 30

An anonymous reader shares a report: The Netherlands is prepared to suspend its powers over Chinese-owned chipmaker Nexperia in a move that would de-escalate a fight with Beijing that threatens to disrupt automotive production around the world. The Dutch government is ready to shelve the ministerial order that gave it the power to block or change key corporate decisions at Nexperia, if China allows exports of its critical chips again, according to people familiar with the matter.

If the shipment of supplies resumes and is verified in the coming days, the Dutch are willing to revoke its powers as soon as next week, said the people, who spoke on the condition of anonymity. Financial issues between Nexperia and its Chinese operations would also need to be resolved. [...] In a sign of easing tensions, the Dutch government said in a statement late Thursday that it expects Nexperia's Chinese unit to resume chip supplies in the coming days.

United States

Why Manufacturing's Last Boom Will Be Hard To Repeat (msn.com) 92

American manufacturing's postwar boom from the 1940s through the 1970s resulted from conditions that cannot be recreated, a story on WSJ argues. Global competitors had been destroyed by war. Energy was cheap. Unions could demand concessions without fearing job losses to foreign rivals.

Strikes were frequent in steel, auto, trucking, rubber and coal mining. That relentless pressure from an organized working class raised real wages and created fringe benefits including health insurance and retirement pay. Government support for unions kept executive salaries at just a few times median income. Stock buybacks were illegal or frowned upon. President Eisenhower declared at the 1956 dedication of the AFL-CIO national headquarters that "Labor is the United States."

The system began unraveling by the mid-1960s. The Vietnam War drained federal coffers. Inflation accelerated as government deficits exploded. Nixon abandoned the gold standard in 1971, unleashing currency volatility. The 1973 OPEC oil embargo quadrupled energy prices. Foreign competition returned from Japan, Korea and West Germany. American companies carried mounting legacy costs like pensions that discouraged investment in upgrades and research.

Milton Friedman declared in a 1970 New York Times essay that the social responsibility of business is to increase its profits. Clinton signed NAFTA in 1993 and championed the World Trade Organization in 1995. Bethlehem Steel employed around 150,000 people in the mid-1950s. The company filed for bankruptcy in 2001. Its former hometown plant in Bethlehem, Pa., is now a casino.
Games

'Grand Theft Auto' Studio Says Fired Employees Were Leaking Information (msn.com) 32

Rockstar Games, the company behind the hit Grand Theft Auto franchise, said that the dozens of employees it fired last week were leaking company secrets, disputing allegations by labor leaders that it was disrupting workers' attempt to unionize. From a report: The employees had been sharing company information in a forum that included non-employees, a Rockstar spokesperson said in a statement to Bloomberg on Wednesday. "Last week, we took action against a small number of individuals who were found to be distributing and discussing confidential information in a public forum, a violation of our company policies," the spokesperson said. "This was in no way related to people's right to join a union or engage in union activities." The company, part of Take-Two Interactive Software, fired between 30 and 40 employees across offices in the UK and Canada for what it said was "gross misconduct." The Independent Workers' Union of Great Britain, the first to organize video-game workers in the UK, told Bloomberg that the employees had all been involved with union efforts at Rockstar, calling the firings "one of the most blatant and ruthless acts of union busting in the history of the games industry."
Supercomputing

A New Ion-Based Quantum Computer Makes Error Correction Simpler (technologyreview.com) 10

An anonymous reader quotes a report from MIT Technology Review: The US- and UK-based company Quantinuum today unveiled Helios, its third-generation quantum computer, which includes expanded computing power and error correction capability. Like all other existing quantum computers, Helios is not powerful enough to execute the industry's dream money-making algorithms, such as those that would be useful for materials discovery or financial modeling. But Quantinuum's machines, which use individual ions as qubits, could be easier to scale up than quantum computers that use superconducting circuits as qubits, such as Google's and IBM's. "Helios is an important proof point in our road map about how we'll scale to larger physical systems," says Jennifer Strabley, vice president at Quantinuum, which formed in 2021 from the merger of Honeywell Quantum Solutions and Cambridge Quantum. Honeywell remains Quantinuum's majority owner.

Located at Quantinuum's facility in Colorado, Helios comprises a myriad of components, including mirrors, lasers, and optical fiber. Its core is a thumbnail-size chip containing the barium ions that serve as the qubits, which perform the actual computing. Helios computes with 98 barium ions at a time; its predecessor, H2, used 56 ytterbium qubits. The barium ions are an upgrade, as they have proven easier to control than ytterbium. These components all sit within a chamber that is cooled to about 15 Kelvin (-432.67 ), on top of an optical table. Users can access the computer by logging in remotely over the cloud. [...] Helios is noteworthy for its qubits' precision, says Rajibul Islam, a physicist at the University of Waterloo in Canada, who is not affiliated with Quantinuum. The computer's qubit error rates are low to begin with, which means it doesn't need to devote as much of its hardware to error correction. Quantinuum had pairs of qubits interact in an operation known as entanglement and found that they behaved as expected 99.921% of the time. "To the best of my knowledge, no other platform is at this level," says Islam.

[...] Besides increasing the number of qubits on its chip, another notable achievement for Quantinuum is that it demonstrated error correction "on the fly," says David Hayes, the company's director of computational theory and design, That's a new capability for its machines. Nvidia GPUs were used to identify errors in the qubits in parallel. Hayes thinks that GPUs are more effective for error correction than chips known as FPGAs, also used in the industry. Quantinuum has used its computers to investigate the basic physics of magnetism and superconductivity. Earlier this year, it reported simulating a magnet on H2, Quantinuum's predecessor, with the claim that it "rivals the best classical approaches in expanding our understanding of magnetism." Along with announcing the introduction of Helios, the company has used the machine to simulate the behavior of electrons in a high-temperature superconductor.
Quantinuum is expanding its Helios line with a new system in Minnesota. It's also started developing its fourth-generation quantum computer, Sol, set for 2027 with 192 qubits. Then, a fifth-generation system, Apollo, is expected in 2029 with thousands of qubits and full fault tolerance.
Crime

Ex-Cybersecurity Staff Charged With Moonlighting as Hackers (msn.com) 10

Three employees at cybersecurity companies spent years moonlighting as criminal hackers, launching their own ransomware attacks in a plot to extort millions of dollars from victims around the country, US prosecutors alleged in court filings. From a report: Ryan Clifford Goldberg, a former incident response supervisor at Sygnia Consulting, and Kevin Tyler Martin, who was a ransomware negotiator for DigitalMint, were charged with working together to hack five businesses starting in May 2023. In one instance, they, along with a third person, received a ransom payment of nearly $1.3 million worth of cryptocurrency from a medical device company based in Tampa, Florida, according to prosecutors.

The trio worked in a part of the cybersecurity industry that has sprung up to help companies negotiate with hackers to unfreeze their computer networks -- sometimes by paying ransom. They are also accused of sharing their illicit profits with the developers of the type of ransomware they allegedly used on their victims. DigitalMint informed some customers about the charges last week, according to a document seen by Bloomberg News.

The other person who was allegedly involved in the scheme was also a ransomware negotiator at the same firm as Martin but wasn't charged, according to court records. The person wasn't identified in court records, nor were the companies that were the defendants' former employers. Sygnia confirmed Goldberg had worked there. Martin last year gave a talk at a law school, which listed him as an employee of DigitalMint.

United States

What Happened When Small-Town America Became Data-Center, USA (msn.com) 48

Amazon's data-center expansion turned Umatilla, Oregon into an unlikely nerve center for American infrastructure investment. The community of roughly 8,000 residents has seen home prices double and local government budgets surge from $7 million in 2011 to a hundred and $44 million in the past fiscal year. Yesenia Leon-Tejeda, a Realtor and daughter of Mexican-born farmhands who once worked 12-hour shifts at a distribution center, is now on pace to close 35 deals this year.

Federal data shows investment in software and information-processing equipment drove most of America's GDP growth in the first half of 2025. Goldman Sachs estimated that roughly 72% of all server-farm capacity sat in just 1% of counties as of July. The region's hydroelectric dams and cheap power attracted Amazon Web Services more than a decade ago. Growth has brought rising costs for housing and child care. Political tensions over spending erupted this year when Mayor Caden Sipe sued the city manager and council members.
Transportation

EV Sales Plummet In October After Federal Tax Credit Ends (caranddriver.com) 312

Longtime Slashdot reader sinij shares a report from Car and Driver: Sales of electric vehicles surged in September as shoppers rushed to take advantage of the $7500 federal EV tax credit before it disappeared at the end of the month. With the government subsidies now gone, EV sales were expected to take a hit in October. While only a few automakers still report sales on a monthly basis, the results we do have do not paint a rosy picture for EVs in a post-tax credit world.

The Korean automakers were hit particularly hard by the loss of the tax credit. The Hyundai Ioniq 5, which was the fifth-best-selling EV through the third quarter of this year, experienced a 63 percent drop, moving 1642 units in October 2025, down from 4498 in 2024. Its platform-mates saw similar declines. The Kia EV6 moved just 508 units, down 71 percent versus the same month the year before, while the luxurious Genesis GV60 only found 93 buyers, a 54 percent slide year over year. Things were even worse at Honda. While the Acura ZDX was recently discontinued after just a single model year, the related Honda Prologue remains on sale but registered just 806 units, down 81 percent from 4130 sales in October 2024. [...]

Obviously, this isn't the full picture, as several major players -- including General Motors, Toyota, Nissan, and Volkswagen -- only release sales reports on a quarterly basis, and others, such as Tesla and Rivian, don't break out individual sales at all. But with four of the top 10 bestselling EVs through Q3 all showing noteworthy declines in October, it spells trouble for the EV market at large. The end-of-year sales figures will provide a much clearer picture of whether October was just a blip or the start of a much more widespread problem for EV sales.

The Courts

Spotify Sued Over 'Billions' of Fraudulent Drake Streams (consequence.net) 32

A new class-action lawsuit accuses Spotify of allowing billions of fraudulent Drake streams generated by bots between 2022 and 2025, allegedly inflating his royalties at the expense of other artists. "Spotify pays streaming royalties using a 'pro-rata' model based on an artist's market share," notes Consequence. "Each month, revenue from subscriptions and ads is collected into a single, fixed 'pot' of money, which is then distributed to rights holders based on their percentage of the platform's total streams. Because this pot is fixed, an artist who artificially inflates their numbers through bots would dilute the value of every legitimate stream. This allows them to take a larger share of the pot than they earned, effectively siphoning royalties that should have gone to other artists." From the report: According to Rolling Stone, the lawsuit alleges bot use is a widespread problem on Spotify. However, Drake is the only example named, based on "voluminous information" which the company "knows or should know" that proves a "substantial, non-trivial percentage" of his approximately 37 billion streams were "inauthentic and appeared to be the work of a sprawling network of Bot Accounts."

The complaint claims this alleged fraudulent activity took place between "January 2022 and September 2025," with an examination of "abnormal VPN usage" revealing at least 250,000 streams of Drake's song "No Face" during a four-day period in 2024 were actually from Turkey "but were falsely geomapped through the coordinated use of VPNs to the United Kingdom in [an] attempt to obscure their origins." Other notable allegations in the lawsuit are that "a large percentage" of accounts were concentrated in areas where the population could not support such a high volume of streams, including those with "zero residential addresses." The suit also points to "significant and irregular uptick months" for Drake's songs long after their release, as well as a "slower and less dramatic" downtick in streams compared to other artists.

Noting a "staggering and irregular" streaming of Drake's music by individuals, the suit also claims there are a "massive amount of accounts" listening to his songs "23 hours a day." Less than 2% of those users account for "roughly 15 percent" of his streams. "Drake's music accumulated far higher total streams compared to other highly streamed artists, even though those artists had far more 'users' than Drake," the lawsuit concludes.

Businesses

A Fight Over Credit Scores Turns Into All-Out War (msn.com) 53

A long-simmering battle over who controls credit scoring in America has erupted into open warfare. Fair Isaac, whose FICO score is used in about 90% of consumer-lending decisions in the U.S., announced it will double the price of its mortgage credit score to $10 next year. The company also said it will bypass the three credit-reporting firms that have supplied the data feeding into its algorithm for decades.

Equifax, Experian and TransUnion created VantageScore in 2006 as an alternative to FICO and collectively own the scoring system. The move came months after Bill Pulte, head of the Federal Housing Finance Agency, announced that Fannie Mae and Freddie Mac would allow lenders to use VantageScore for mortgage approvals. The three credit-reporting firms responded by offering VantageScore free for many loans. Fair Isaac had charged a few cents per score for decades before chief executive Will Lansing began raising prices several years ago. Revenue from selling credit scores reached $920 million in fiscal 2024, nearly five times what it was a decade earlier.

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