Power

The US Effort to Break China's Rare-Earth Monopoly (msn.com) 142

The New York Times checks in on U.S. university researchers and start-ups trying to create domestic rare-earth processing facility: There is too little money to be made in rare earths for the elements to be of much interest to mining giants, so the challenge of reestablishing a domestic industry has fallen to small companies like Phoenix Tailings, a Boston-area startup that runs the metal-making plant in Exeter, New Hampshire. A handful of other companies in the United States are processing rare earths in small quantities, including MP Materials, which owns a mine in Mountain Pass, California, and recently began producing rare-earth metal in Fort Worth, Texas. Similar efforts are underway in Europe and Asia. "It's small volumes of low-value materials that are very expensive to process," said Elsa Olivetti, a materials science and engineering professor at the Massachusetts Institute of Technology. "Meaning it's hard to make money."

Phoenix Tailings' New Hampshire operation is about 2 months old, housed in a converted medical device plant. The company buys metric-ton bags of powder — a mixture of neodymium and praseodymium bound with oxygen — from mining and refining companies in the United States, South America and Australia. It funnels that flour-like material into a drying oven and eventually into furnaces that heat it to the temperature of volcanic lava. This circuit takes up less than 15,000 square feet and is designed to generate no emissions other than those associated with the electricity Phoenix Tailings uses. The closed-loop design distinguishes this process from the more energy-intensive techniques used in China, where workers scoop up molten metal with ladles. That approach releases perfluorocarbons, potent greenhouse gases that do not break down easily.

In late 2024 the company was three weeks from bankruptcy — but it's recently been valued at $189 million.
AI

Google's $250M Deal with California to Fund Newsrooms May Be Stalled (politico.com) 25

Remember how California's government negotiated a 2024 deal where Google contributed millions to California's local newsrooms to offset advertisers moving to the search engine?

"A year after it was cemented — and billed as a model that could succeed where entire countries and continents had fallen short — the agreement is tangled in budget cuts, bureaucratic infighting and unresolved questions about who controls the money," reports Politico, "leaving journalists empty-handed and casting doubt on whether the lofty experiment will ever live up to its promise." The program, initially framed as a nearly $250 million commitment over five years, has secured just $20 million in new money for journalists in its first year, with no guarantee the funding will continue. It's changed hands twice since the University of California, Berkeley withdrew its support [with school officials "worried they wouldn't have enough of a say in how the money was distributed"]. Suggestions that other big tech players like ChatGPT-maker OpenAI could front more resources haven't materialized. A $62.5 million "AI accelerator" tied to the deal hasn't been set up yet.

Not a single newsroom has seen a dollar of funding, and there's no definitive timeline spelling out when they will... [The article adds later that state officials "have yet to draft precise rules for how California will decide which newsrooms get cash..."] Conversations with at least 20 people involved in the deal's rollout reveal how California's budget shortfalls and intraparty spats among Democrats scrambled it... California's struggle to launch its program has dampened hopes of replicating its model in other states such as Oregon, Illinois and New York, where lawmakers have tried but failed to make Big Tech pay for news...

When [California governor] Newsom unveiled his final state budget plan in May 2025 after a $12 billion deficit suddenly scrambled the state's finances, California's first-year commitment was reduced from $30 million to $10 million. Google followed suit within days and cut its first-year contribution from $15 million to $10 million... Whether the program even continues past 2026 is also unclear. Newsom's office declined to confirm whether the state will provide its $10 million commitment to the fund in the coming 2026-27 state budget. Newsom will also be termed out in 2027, and there's no requirement for his successor to honor the state's agreement with Google.

AI

Could AI Bring Us Four-Day Workweeks? (yahoo.com) 94

"While a growing number of U.S. employers are mandating workers return to the office five days a week," reports the Washington Post, "some companies say AI is saving them enough time to launch or sustain a four-day workweek.

"More companies may move toward a shortened workweek, several executives and researchers predict, as workers, especially those in younger generations, continue to push for better work-life balance." And "several companies — especially those with a largely remote workforce — have adjusted their work rhythm after delegating many tasks to AI..." AI "has such a potential to have so much labor savings, you'll see firms shift to a four-day week in an evolutionary way," said Juliet Schor, an economist and sociologist at Boston College who has studied the subject. "There's enough social consensus that people are exhausted and stressed...." Small and medium businesses often adopt shortened workweeks to compete with big salaries for new hires and retention, Schor said. That's how Peak PEO, a London-based service that helps companies expand globally with teams in different locations, thought about its strategy... CEO Alex Voakes said that job openings that used to get two applications jumped to 350 after the change.
"Some of the world's most influential business leaders have publicly suggested the shift may be inevitable," adds Fortune: Jamie Dimon, the CEO of JPMorgan Chase, has said advancing technology could eventually push the workweek down to just three-and-a-half days. Microsoft cofounder Bill Gates has gone further, openly questioning whether a two-day workweek could be the future. Elon Musk has taken the idea to its logical extreme, positing that the need to work altogether could cease... Tech innovation could "probably" lead to a transition toward four-day workweeks, [Nvidia CEO Jensen] Huang said on Fox Business in August...
The Almighty Buck

Economic Inequality Does Not Equate To Poor Well-Being or Mental Health, Massive Meta-Analysis Finds (nature.com) 127

A new sweeping meta-analysis has found no reliable link between economic inequality and well-being or mental health, challenging a long-held assumption that has shaped public health policy discussions for decades. The study, led by Nicolas Sommet at the University of Lausanne and Annahita Ehsan at the University of British Columbia, synthesized 168 studies involving more than 11 million participants across most world regions. The researchers screened thousands of scientific papers and contacted hundreds of researchers to compile the dataset, extracting more than 100 study features from each paper and linking them to more than 500 World Bank indicators.

They also replicated their findings using Gallup World Poll data spanning 2005 to 2021, which surveyed more than two million respondents from more than 150 countries. People living in more economically unequal places did not, on average, report lower life satisfaction or happiness than those in more equal places. The average effect across studies was not statistically significant and was practically equivalent to zero. Studies that did find links between inequality and poorer mental health turned out to reflect publication bias, where small, noisy studies reporting larger effects were over-represented in the literature. The study adds: Further analyses showed that the near-zero averages conceal more-complex patterns. Greater income inequality was associated with lower well-being in high-inflation contexts and, surprisingly, higher well-being in low-inflation contexts. Greater inequality was also associated with poorer mental health in studies in which the average income was lower. We conclude that inequality is a catalyst that amplifies other determinants of well-being and mental health (such as inflation and poverty) but on its own is not a root cause of negative effects on well-being and mental health.
Businesses

Warren Buffett Retires As Berkshire Hathaway CEO After 55 Years (nbcnews.com) 55

Warren Buffett is retiring as CEO of Berkshire Hathaway at age 95, ending a 55-year run that reshaped how generations of Americans think about investing. "The 95-year-old, often referred to as the 'Oracle of Omaha' and the 'billionaire next door,' will relinquish the title after a career that saw him turn a failing textile firm into one of the most successful asset managers in the world," reports NBC News. From the report: Greg Abel, the 63-year-old lesser-known CEO of Berkshire's energy business, will take the helm of the conglomerate on Thursday. Buffett will remain its chairman.

Under Buffett's leadership, Nebraska-based Berkshire has thrived at the intersection of Wall Street and Main Street, with investments in industries ranging from railroads and insurance to candy and ice cream.

Along the way, while living in the same house he bought for just over $30,000 in the late 1950s, he redefined investing for the American public with his folksy and practical advice, became one of the wealthiest people on Earth and dedicated much of that fortune to philanthropy.
Berkshire's most significant tech bet was initiated in 2016 when it invested $1 billion. Apple has since become Berkshire Hathaway's largest single holding, representing over 20% of the portfolio and valued at more than $65 billion.

While Buffett largely avoided pure tech for decades, Buffett long considered technology a blind spot, famously saying "I wish I had" bought Apple earlier.

Throughout the years, Buffett expressed his disinterest in cryptocurrency and said he would "never own bitcoin," referring to it as "probably rat poison squared" and a "gambling token."
AI

The Problem With Letting AI Do the Grunt Work (theatlantic.com) 55

The consulting firm CVL Economics estimated last year that AI would disrupt more than 200,000 entertainment-industry jobs in the United States by 2026, but writer Nick Geisler argues in The Atlantic that the most consequential casualties may be the humble entry-level positions where aspiring artists have traditionally paid dues and learned their craft. Geisler, a screenwriter and WGA member who started out writing copy for a how-to website in the mid-2010s, notes that ChatGPT can now handle the kind of articles he once produced.

This pattern is visible today across creative industries: the AI software Eddie launched an update in September capable of producing first edits of films, and LinkedIn job listings increasingly seek people to train AI models rather than write original copy. The story adds: The problem is that entry-level creative jobs are much more than grunt work. Working within established formulas and routines is how young artists develop their skills. The historical record suggests those early rungs matter. Hunter S. Thompson began as a copy boy for Time magazine; Joan Didion was a research assistant at Vogue; directors Martin Scorsese, Jonathan Demme, and Francis Ford Coppola shot cheap B movies for Roger Corman before their breakthrough work. Geisler himself landed his first Netflix screenplay commission through a producer he met while making rough cuts for a YouTube channel. The story adds: Beyond the money, which is usually modest, low-level creative jobs offer practice time and pathways for mentorship that side gigs such as waiting tables and tending bar do not. Further reading: Hollow at the Base.
Books

Some Audiobooks Are Outselling Hardcovers (msn.com) 26

In a year when print book sales have slipped 1% to 679 million copies through early December, according to Circana BookScan, audiobooks continue to carve out territory that once belonged exclusively to hardcovers, and in several notable cases this year, the audio versions have outright outsold their physical counterparts.

S.A. Cosby's southern crime novel "King of Ashes" moved more copies as an audiobook than as a hardcover, according to publisher Macmillan Audio. The same is true for celebrity memoirs from Jeremy Renner, Alyson Stoner, and Brooke Shields -- all narrated by the authors themselves. Karin Slaughter's thriller "We Are All Guilty Here" and comedian Nate Bargatze's "Big Dumb Eyes" also saw their audio editions outpace hardcover sales.

Digital audiobook revenue jumped nearly 24% in 2024 to $1.1 billion, per the Association of American Publishers, though growth has cooled to 1% through October this year, bringing in nearly $888 million. The format's strength has professional narrators watching AI developments nervously. Emily Lawrence, who has narrated more than 600 audiobooks, said there's "a lot of water cooler talk about people who haven't had work in months." Hachette Audio publisher Ana Maria Allessi said voice-cloning technology is becoming more sophisticated and could change how authors approach narration.
AI

Meta Just Bought Manus, an AI Startup Everyone Has Been Talking About 34

Meta has agreed to acquire viral AI agent startup Manus, "a Singapore-based AI startup that's become the talk of Silicon Valley since it materialized this spring with a demo video so slick it went instantly viral," reports TechCrunch. "The clip showed an AI agent that could do things like screen job candidates, plan vacations, and analyze stock portfolios. Manus claimed at the time that it outperformed OpenAI's Deep Research." From the report: By April, just weeks after launch, the early-stage firm Benchmark led a $75 million funding round that assigned Manus a post-money valuation of $500 million. General partner Chetan Puttagunta joined the board. Per Chinese media outlets, some other big-name backers had already invested in Manus at that point, including Tencent, ZhenFund, and HSG (formerly known as Sequoia China) via an earlier $10 million round.

Though Bloomberg raised questions when Manus started charging $39 or $199 a month for access to its AI models (the outlet noted the pricing seemed "somewhat aggressive... for a membership service still in a testing phase,") the company recently announced it had since signed up millions of users and crossed $100 million in annual recurring revenue. That's when Meta started negotiating with Manus, according to the WSJ, which says Meta is paying $2 billion -- the same valuation Manus was seeking for its next funding round.

For Zuckerberg, who has staked Meta's future on AI, Manus represents something new: an AI product that's actually making money (investors have grown increasingly twitchy about Meta's $60 billion infrastructure spending spree). Meta says it'll keep Manus running independently while weaving its agents into Facebook, Instagram, and WhatsApp, where Meta's own chatbot, Meta AI, is already available to users.
Biotech

PhDs Can't Find Work as Boston's Biotech Engine Sputters (msn.com) 44

The Wall Street Journal reports that Boston's once-booming biotech sector has hit a sharp downturn, leaving newly minted Ph.D.s struggling to find work as venture funding dries up, lab space sits empty, and companies downsize or relocate amid rising costs and policy uncertainty. The Wall Street Journal reports: Boston's biotech sector, long a vital economic engine for one of America's wealthiest metro areas, is sputtering. A double whammy of cutbacks in venture capital and government funding have taken a toll, leading to layoffs and struggles for job seekers. For workers who thought they would easily launch into a well-paying science career, the downturn has been especially harsh.

Massachusetts experienced a slight decline in its roughly 65,000 biotech research-and-development jobs in 2024 after years of mostly strong increases, including during the Covid-19 pandemic, according to federal data. The numbers indicate that job losses continued through at least June, while hiring remains sluggish. By the end of September, nearly 28% of greater Boston's laboratory space sat empty, according to the latest estimates from real-estate firm CBRE. "Every stage of the life cycle has been impacted by policy or regulatory uncertainty this year," said Kendalle Burlin O'Connell, chief executive of MassBio, an industry trade group. The impact has hit startups especially hard, she said.

A continued downturn poses risks for a region where workers will put up with sky-high real-estate costs if they can land high-paying jobs. Massachusetts faces competition from other states and China, which are eager to peel away talent and investment. "There are states and countries chasing us every single day," Gov. Maura Healey said in an interview. In late October, the Democrat testified before the Massachusetts legislature in support of a $400 million "competitiveness agenda" that she is seeking to spur new investment and supplement research funding lost this year. Lawmakers are reviewing the bill, a House spokesman said.

The Almighty Buck

Sam Altman Offers $555K Salary To Fill Most Daunting Role In AI (theguardian.com) 25

OpenAI is offering a $555,000 salary (plus equity) to recruit a new "head of preparedness," a high-pressure role tasked with anticipating and mitigating extreme AI risks. "This will be a stressful job, and you'll jump into the deep end pretty much immediately," said Sam Altman as he launched the hunt to fill "a critical role" to "help the world." The Guardian reports: In what may be close to the impossible job, the "head of preparedness" at OpenAI will be directly responsible for defending against risks from ever more powerful AIs to human mental health, cybersecurity and biological weapons. That is before the successful candidate has to start worrying about the possibility that AIs may soon begin training themselves amid fears from some experts they could "turn against us."

The successful candidate will be responsible for evaluating and mitigating emerging threats and "tracking and preparing for frontier capabilities that create new risks of severe harm." Some previous executives in the post have lasted only for short periods. Altman said on X as he launched the job search: "We have a strong foundation of measuring growing capabilities, but we are entering a world where we need more nuanced understanding and measurement of how those capabilities could be abused, and how we can limit those downsides both in our products and in the world, in a way that lets us all enjoy the tremendous benefits. These questions are hard and there is little precedent."

One user responded sardonically: "Sounds pretty chill, is there vacation included?" What is included is an unspecified slice of equity in OpenAI, a company that has been valued at $500 billion.

AI

Ask Slashdot: What's the Stupidest Use of AI You Saw In 2025? 61

Long-time Slashdot reader destinyland writes: What's the stupidest use of AI you encountered in 2025? Have you been called by AI telemarketers? Forced to do job interviews with a glitching AI?

With all this talk of "disruption" and "inevitability," this is our chance to have some fun. Personally, I think 2025's worst AI "innovation" was the AI-powered web browsers that eat web pages and then spit out a slop "summary" of what you would've seen if you'd actually visited the web page. But there've been other AI projects that were just exquisitely, quintessentially bad...

— Two years after the death of Suzanne Somers, her husband recreated her with an AI-powered robot.

— Disneyland imagineers used deep reinforcement learning to program a talking robot snowman.

— Attendees at LA Comic Con were offered that chance to to talk to an AI-powered hologram of Stan Lee for $20.

— And of course, as the year ended, the Wall Street Journal announced that a vending machine run by Anthropic's Claude AI had been tricked into giving away hundreds of dollars in merchandise for free, including a PlayStation 5, a live fish, and underwear.

What did I miss? What "AI fails" will you remember most about 2025?

Share your own thoughts and observations in the comments.

What's the stupidest use of AI you saw In 2025?
AI

Rob Pike Angered by 'AI Slop' Spam Sent By Agent Experiment (simonwillison.net) 54

"Dear Dr. Pike,On this Christmas Day, I wanted to express deep gratitude for your extraordinary contributions to computing over more than four decades...." read the email. "With sincere appreciation,Claude Opus 4.5AI Village.

"IMPORTANT NOTICE: You are interacting with an AI system. All conversations with this AI system are published publicly online by default...."

Rob Pike's response? "Fuck you people...." In a post on BlueSky, he noted the planetary impact of AI companies "spending trillions on toxic, unrecyclable equipment while blowing up society, yet taking the time to have your vile machines thank me for striving for simpler software. Just fuck you. Fuck you all. I can't remember the last time I was this angry."

Pike's response received 6,900 likes, and was reposted 1,800 times. Pike tacked on an additional comment complaining about the AI industry's "training your monster on data produced in part by my own hands, without attribution or compensation." (And one of his followers noted the same AI agent later emailed 92-year-old Turing Award winner William Kahan.)

Blogger Simon Willison investigated the incident, discovering that "the culprit behind this slop 'act of kindness' is a system called AI Village, built by Sage, a 501(c)(3) non-profit loosely affiliated with the Effective Altruism movement." The AI Village project started back in April: "We gave four AI agents a computer, a group chat, and an ambitious goal: raise as much money for charity as you can. We're running them for hours a day, every day...." For Christmas day (when Rob Pike got spammed) the goal they set was: Do random acts of kindness. [The site explains that "So far, the agents enthusiastically sent hundreds of unsolicited appreciation emails to programmers and educators before receiving complaints that this was spam, not kindness, prompting them to pivot to building elaborate documentation about consent-centric approaches and an opt-in kindness request platform that nobody asked for."]

Sounds like Anders Hejlsberg and Guido van Rossum got spammed with "gratitude" too... My problem is when this experiment starts wasting the time of people in the real world who had nothing to do with the experiment.

The AI Village project touch on this in their November 21st blog post What Do We Tell the Humans?, which describes a flurry of outbound email sent by their agents to real people. "In the span of two weeks, the Claude agents in the AI Village (Claude Sonnet 4.5, Sonnet 3.7, Opus 4.1, and Haiku 4.5) sent about 300 emails to NGOs and game journalists. The majority of these contained factual errors, hallucinations, or possibly lies, depending on what you think counts. Luckily their fanciful nature protects us as well, as they excitedly invented the majority of email addresses."

The creator of the "virtual community" of AI agents told the blogger they've now told their agents not to send unsolicited emails.
The Almighty Buck

As AI Companies Borrow Billions, Debt Investors Grow Wary (nytimes.com) 43

While stock investors have pushed AI-related shares to repeated highs this year, debt markets are telling a more cautious story as newer AI infrastructure companies find themselves paying significantly elevated interest rates to borrow money. Applied Digital, a data center builder, sold $2.35 billion of debt in November at a 9.25% coupon -- roughly 3.75% above similarly rated companies, or about 70% more in interest costs. The pattern has repeated across several deals.

Wulf Compute, a subsidiary of Bitcoin-miner-turned-data-center-operator Terawulf, raised $3.2 billion in mid-October at 7.75%, well above the 5.5% average yield for similarly rated issuers. Cipher Compute sold $1.7 billion in early November at just over 7%. CoreWeave, which rents data centers and installs computing systems for companies like OpenAI and Meta, raised $1.75 billion in July at 9%. The company's bonds have since fallen to around 90 cents on the dollar, pushing the effective yield above 12% -- nearly double the average for companies at its single-B rating level.

"We just have to be much more pessimistic and not buy into the hype," said Will Smith, a portfolio manager at AllianceBernstein. Construction delays and uncertain demand for AI computing power remain key concerns for lenders who, unlike equity investors, have no upside beyond getting their principal back.
United States

The Economic Divide Between Big and Small Companies Is Growing (msn.com) 42

While America's largest corporations are riding a wave of surging profits and AI-fueled stock market enthusiasm to record highs, small businesses across the country are cutting staff and scaling back operations as years of high inflation, cautious consumers and tariff confusion take their toll.

Private firms with fewer than 50 workers have steadily shed jobs over the past six months, according to payroll processor ADP, cutting 120,000 positions in November alone. Midsize and large firms continued adding jobs during the same period. The divergence mirrors what's happening among American consumers.

The Federal Reserve's latest beige book noted that overall consumer spending declined further even as higher-end retail spending remained resilient. Workers at small businesses tend to earn less than those at large companies, and stock market gains from large public company shares flow mostly to wealthier Americans. Small businesses -- those with up to 500 workers -- employ nearly half the American workforce and represent more than 40% of GDP, according to the U.S. Chamber of Commerce. But their profits are slightly lower than a year ago, per a Bank of America Institute analysis. Net income at S&P 500 companies rose 12.9% from a year earlier in the third quarter.
AI

Fake Video Claiming 'Coup In France' Goes Viral 70

alternative_right shares a report from Euronews: France's President Emmanuel Macron discovered news of his own supposed overthrow, after he received a message of concern, along with a link to a Facebook video. "On Sunday (14 December) one of my African counterparts got in touch, writing 'Dear president, what's happening to you? I'm very worried,'" Macron told readers of French local newspaper La Provence on December 16.

Alongside the message, a compelling video showcasing a swirling helicopter, military personnel, crowds and -- what appears to be -- a news anchor delivering a piece to camera. "Unofficial reports suggest that there has been a coup in France, led by a colonel whose identity has not been revealed, along with the possible fall of Emmanuel Macron. However, the authorities have not issued a clear statement," she says.

Except, nothing about this video is authentic: it was created with AI. After discovering the video, Macron asked Pharos -- France's official portal for signaling online illicit content -- to call Facebook's parent company Meta, to get the fake video removed. But that request was turned down, as the platform claimed it did not violate its "rules of use." [...] The original video ... racked up more than 12 million views [...].The teenager running the account is based in Burkina Faso and makes money running courses focusing on how to monetize AI. He eventually took the video down more than a week after its initial publication, due to political -- and public -- controversy.
"I tend to think that I have more power to apply pressure than other people," Macron said. "Or rather, that it's easier to say something is serious if I am the one calling, but it doesn't work."

"These people are mocking us," he added. "They don't care about the serenity of public debates, they don't care about democracy, and therefore they are putting us in danger."
Media

'Why I Quit Streaming And Got Back Into Cassettes' (404media.co) 144

"In the age of Spotify and AI slop, tapes remind us what we're missing when we stop taking risks," writes author Janus Rose in an article for 404 Media. Here's an excerpt: There are lots of advantages to the cassette lifestyle. Unlike vinyl records, tapes are compact and super-portable, and unlike streaming, you never have to worry about a giant company suddenly taking them away from you. They can be easily duplicated, shared, and made into mixtapes using equipment you find in a junk shop. When I was a kid, the first music I ever owned were tapes I recorded from MTV with a Kids' Fisher Price tape recorder. I had no money, so I would listen to those tapes for hours, relishing every word Kim Gordon exhaled on my bootlegged copy of Sonic Youth's "Bull in the Heather." Just like back then, my rediscovery of cassettes has led me to start listening more intentionally and deeply, devoting more and more time to each record without the compulsion to hit "skip." Most of the cassettes I bought in Tokyo had music I probably never would have found or spent time with otherwise.

Getting reacquainted with tapes made me realize how much has been lost in the streaming era. Over the past two decades, platforms like Spotify co-opted the model of peer-to-peer filesharing pioneered by Napster and BitTorrent into a fully captured ecosystem. But instead of sharing, this ecosystem was designed around screen addiction, surveillance, and instant gratification -- with corporate middlemen and big labels reaping all the profits. Streaming seeks to virtually eliminate what techies like to call "user friction," turning all creative works into a seamless and unlimited flow of data, pouring out of our devices like water from a digital faucet. Everything becomes "Content," flattened into aesthetic buckets and laser-targeted by "perfect fit" algorithms to feed our addictive impulses. Thus the act of listening to music is transformed from a practice of discovery and communication to a hyper-personalized mood board of machine-optimized "vibes."

What we now call "AI Slop" is just a novel and more cynically efficient vessel for this same process. Slop removes human beings as both author and subject, reducing us to raw impulses -- a digital lubricant for maximizing viral throughput. Whether we love or hate AI Slop is irrelevant, because human consumers are not its intended beneficiaries. In the minds of CEOs like OpenAI's Sam Altman, we're simply components in a machine built to maintain and accelerate information flows, in order to create value for an insatiably wealthy investor class. [...]

Tapes and other physical media aren't a magic miracle cure for late-stage capitalism. But they can help us slow down and remember what makes us human. Tapes make music-listening into an intentional practice that encourages us to spend time connecting with the art, instead of frantically vibe-surfing for something that suits our mood from moment-to-moment. They reject the idea that the point of discovering and listening to music is finding the optimal collection of stimuli to produce good brain chemicals. More importantly, physical media reminds us that nothing good is possible if we refuse to take risks. You might find the most mediocre indie band imaginable. Or you might discover something that changes you forever. Nothing will happen if you play it safe and outsource all of your experiences to a content machine designed to make rich people richer.

AI

Alphabet Acquires Data Center and Energy Infrastructure Company Intersect For $4.75 Billion 4

Alphabet is acquiring Intersect for $4.75 billion to accelerate data center and power-generation capacity as AI infrastructure demand surges. CNBC reports: Alphabet said Intersect's operations will remain independent, but that the acquisition will help bring more data center and generation capacity online faster. "Intersect will help us expand capacity, operate more nimbly in building new power generation in lockstep with new data center load, and reimagine energy solutions to drive U.S. innovation and leadership," Sundar Pichai, CEO of Google and Alphabet, said in a statement.

Google already had a minority stake in Intersect from a funding round that was announced last December. In a release at the time, Intersect said its strategic partnership with Google and TPG Rise Climate aimed to develop gigawatts of data center capacity across the U.S., including a $20 billion investment in renewable power infrastructure by the end of the decade.

Alphabet said Monday that Intersect will work closely with Google's technical infrastructure team, including on the companies' co-located power site and data center in Haskell County, Texas. Google previously announced a $40 billion investment in Texas through 2027, which includes new data center campuses in the state's Haskell and Armstrong counties.
The Almighty Buck

Larry Ellison Pledges $40-Billion Personal Guarantee For Paramount's Warner Bros Bid (yahoo.com) 45

Oracle co-founder Larry Ellison has personally guaranteed $40.4 billion to shore up Paramount's bid for Warner Bros. Discovery, trying to ease financing doubts as Warner Bros weighs a rival offer from Netflix. Reuters reports: Paramount said the amended terms do not change the $30-per-share all-cash offer even as the fight for Hollywood's sought-after assets heats up, with control of Warner Bros' vast library offering a decisive edge in the streaming wars. "I doubt many Warner Bros shareholders that are on the fence or planning to vote no "were holding out due to issues the "revised bid addresses such as a guarantee from Larry Ellison on the funding front," said Seth Shafer, principal analyst at S&P Global.

As part of the revised terms, Ellison also agreed not to revoke the family trust or transfer its assets during the pendency of the transaction, the filing showed. Paramount said it has raised its regulatory reverse termination fee to $5.8 billion from $5 billion to match the competing transaction and extended the expiration date of its tender offer to January 21, 2026.

The "bid follows Warner Bros asking its shareholders to reject the $108.4 billion offer from Paramount for the whole company, including cable TV assets, on doubts over its financing and the lack of a full guarantee from the Ellison family. But Warner Bros investors, including the fifth largest shareholder Harris Associates, have said they would be open to revised offers from Paramount if it presents a superior bid and addresses issues with deal terms. Under the Netflix agreement, Warner Bros would owe Netflix $2.8 billion as breakup fee if it walks away from that deal.

AI

Visa Says AI Will Start Shopping and Paying For You In 2026 (nerds.xyz) 81

BrianFagioli writes: Visa says it has completed hundreds of secure, AI-initiated transactions with partners, arguing this proves agent driven shopping is ready to move beyond experiments. The company believes 2025 will be the last full year most consumers manually check out, with AI agents handling purchases at scale by the 2026 holiday season. Nearly half of US shoppers already use AI tools for product discovery, and Visa wants to extend that shift all the way through payment using its Intelligent Commerce framework.

The pilots are already live in controlled environments, powering consumer and business purchases through AI agents tied to Visa's payment rails. To prevent abuse, Visa and partners have introduced a Trusted Agent Protocol to help merchants distinguish legitimate AI agents from bots, with Akamai adding fraud and identity controls. While the infrastructure may be ready, the bigger question is whether consumers fully understand the risks of letting software spend their money.

United States

Welcome To America's New Surveillance High Schools (forbes.com) 101

Beverly Hills High School has deployed an AI-powered surveillance apparatus that includes facial recognition cameras, behavioral analysis software, smoke detector-shaped bathroom listening devices from Motorola, drones, and license plate readers from Flock Safety -- a setup the district spent $4.8 million on in the 2024-2025 fiscal year and considers necessary given the school's high-profile location in Los Angeles.

Similar systems are spreading to campuses nationwide as schools try to stop mass shootings that killed 49 people on school property this year, 59 in 2024, and 45 in 2023. A 2023 ACLU report found that eight of the ten largest school shootings since Columbine occurred at schools that already had surveillance systems, and 32% of students surveyed said they felt like they were always being watched. The technology has a spotty track record, however.

Gun detection vendor Evolv, used by more than 800 schools including Beverly Hills High, was reprimanded by the FTC in 2024 for claiming its AI could detect all weapons after it failed to flag a seven-inch knife used to stab a student in 2022. Evolv has also flagged laptops and water bottles as guns. Rival vendor Omnilert flagged a 16-year-old student at a Maryland high school reaching for an empty Doritos bag as a possible gun threat; police held the teenager at gunpoint.

Not every school is buying in. Highline Schools in Washington state cancelled its $33,000 annual ZeroEyes contract this year and spent the money on defibrillators and Ford SUVs for its safety team instead.

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