Television

US Cable TV Industry Faces 'Dramatic Collapse' as Local Operators Shut Down - or Become ISPs (cordcuttersnews.com) 102

America's cable TV industry "is undergoing its most dramatic collapse in history," reports Cord Cutters News, "with operators large and small waving the white flag on traditional TV service and pointing their customers toward streaming platforms instead." Just in 2025 Comcast lost 1.25 million pay-TV subscribers (ending the year with just 11.3 million), while Charter Spectrum also lost hundreds of thousands of customers each quarter.

But "for smaller regional operators, who lack the scale and diversified revenue streams of giants like Comcast, those kinds of losses are simply unsurvivable," they write. And "the companies that once delivered hundreds of channels through coaxial cables are now either shutting down entirely or reinventing themselves as internet providers." Pay-TV subscriptions have plummeted from nearly 90% of U.S. households in the mid-2010s to roughly half by the end of 2025, resulting in billions in lost revenue and forcing many smaller operators to conclude that continuing linear TV services is no longer viable... [This year over U.S. 50 cable TV companies — primarily smaller and midsize providers — are "expected to cease operations entirely or shut down their television services," Cord Cutters News reported earlier.] YouTube TV's pricing is so competitive that the platform is projected to have close to 12.6 million subscribers by the end of 2026, positioning it to become the largest paid TV distributor in the United States. Exclusive content deals, such as YouTube TV's acquisition of NFL Sunday Ticket rights, have further eroded the value proposition of traditional cable at every level of the market... As older cable subscribers age out of the market, there is no new generation of customers waiting to replace them...

[Cable TV] operators like WOW! are betting that their physical infrastructure — now increasingly upgraded to fiber — is more valuable as an internet delivery system than as a cable TV platform. [WOW! serves customers across Michigan, Ohio, Illinois, and Alabama — but is "phasing out its proprietary streaming live TV service and directing all customers toward YouTube TV," the article notes.] Industry observers see this as part of a broader trend: operators shedding unprofitable video segments to focus on broadband, where returns and network investments are prioritized.

By the end of 2026, non-pay-TV households are expected to surge to 80.7 million, outnumbering traditional pay-TV subscribers at 54.3 million — a milestone that would have seemed unthinkable just a decade ago. For the cable companies still standing, the math is now inescapable: the era of the cable bundle is ending, and the only real question left is how gracefully each operator manages its exit.

Censorship

Millions Face Mobile Internet Outages in Moscow. 'Digital Crackdown' Feared (cnn.com) 54

13 million people live in Moscow, reports CNN.

But since early March the city "has experienced internet and mobile service outages on a level previously unseen." (Though Wi-Fi access to the internet is still available...) Russian social media "is flooded with jokes and memes about sending letters by carrier pigeons or using smartphones as ping-pong paddles..." [Moscow residents] complain they cannot navigate around the center or use their favorite mobile apps. The interruptions appear to have had a knock-on effect of making it more difficult to make voice calls or send an SMS. Some are panic-buying walkie-talkies, paper maps, and even pagers.

The latest shutdown builds on similar efforts around the country. For months, mobile internet service interruptions have hit Russia's regions, particularly in provinces bordering Ukraine, which has staged incursions and launched strikes inside Russian territory to counter Russia's full-scale invasion. Some regions have reported not having any mobile internet since summer. But the most recent outages have hit the country's main centers of wealth and power: Moscow and Russia's second city, St. Petersburg.

Public officials claim the blackout of mobile internet service in the capital and other regions is part of a security effort to counter "increasingly sophisticated methods" of Ukrainian attack... Speculation centers on whether the authorities are testing their ability to clamp down on public protest in the case there's an effort to reintroduce unpopular mobilization measures to find fresh manpower for the war in Ukraine; whether mobile internet outages may precede a more sweeping digital blackout; or if the new restrictions reflect an atmosphere of heightened fear and paranoia inside the Kremlin as it watches US-led regime- change efforts unfold against Russian allies such as Venezuela and Iran... On Wednesday, Russian mobile providers sent notifications that there would be "temporary restrictions" on mobile internet in parts of Moscow for security reasons, Russian state news agency RIA-Novosti reported. The measures will last "for as long as additional measures are needed to ensure the safety of our citizens," Kremlin spokesman Dmitry Peskov said on March 11...

As well as banning many social media platforms, Russia blocks calling features on messenger apps such as WhatsApp and Telegram. Roskomnadzor, the country's communications regulator, has introduced a "white list" of approved apps... Russia has also tested what it calls the "sovereign internet," a network that is effectively firewalled from the rest of the world. The disruptions are fueling broader concerns about tightening state control. In parallel with the internet shutdown, the Kremlin has also been pushing to impose a state-controlled messaging app called Max as the country's main portal for state services, payments and everyday communication. There has been speculation the Kremlin may be planning to ban Telegram, Russia's most widely used messaging app, entirely. Roskomnadzor said that it was restricting Telegram for allegedly failing to comply with Russian laws.

"Russia has opened a criminal case against me for 'aiding terrorism,'" Telegram's Russian-born founder Pavel Durov said on X last month. "Each day, the authorities fabricate new pretexts to restrict Russians' access to Telegram as they seek to suppress the right to privacy and free speech...."

The article includes this quote from Mikhail Klimarev, head of the Internet Protection Society and an expert on Russian internet freedom. "In any situation when they (the authorities) perceive some kind of danger for themselves and accept the belief that the internet is dangerous for them, even if it may not be true, they will shut it down," he said. "Just like in Iran."
Operating Systems

Intel, NVIDIA, AMD GPU Drivers Finally Play Nice With ReactOS (x.com) 21

ReactOS aims to be compatible with programs and drivers developed for Windows Server 2003 and later versions of Microsoft Windows. And Slashdot reader jeditobe reports that the project has now "announced significant progress in achieving compatibility with proprietary graphics drivers." ReactOS now supports roughly 90% of GPU drivers for Windows XP and Windows Server 2003, thanks to a series of fixes and the implementation of the KMDF (Kernel-Mode Driver Framework) and WDDM (Windows Display Driver Model) subsystems. Prior to these changes, many proprietary drivers either failed to launch or exhibited unstable behavior. In the latest nightly builds of the 0.4.16 branch, drivers from a variety of manufacturers — including Intel, NVIDIA, and AMD — are running reliably.

The project demonstrated ReactOS running on real hardware, including booting with installed drivers for graphics cards such as Intel GMA 945, NVIDIA GeForce 8800 GTS and GTX 750 Ti, and AMD Radeon HD 7530G. They also highlighted successful operation on mobile GPUs like the NVIDIA Quadro 1000M, with 2D/3D acceleration, audio, and network connectivity all functioning correctly. Further tests confirmed support on less common or older configurations, including a laptop with a Radeon Xpress 1100, as well as high-performance cards like the NVIDIA GTX Titan X.

A key contribution came from a patch merged into the main branch for the memory management subsystem, which improved driver stability and reduced crashes during graphics adapter initialization.

News

CBS News Shutters Radio Service After Nearly a Century (apnews.com) 59

CBS News is shutting down its nearly 100-year-old radio news service due to economic pressures and the shift toward digital media and podcasts. Longtime CBS News anchor Dan Rather said: "It's another piece of America that is gone." The Associated Press reports: When it went on the air in September 1927, the service was the precursor to the entire network, giving a youthful William S. Paley a start in the business. Famed broadcaster Edward R. Murrow's rooftop reports during the Nazi bombing of London during World War II kept Americans listening anxiously. Today, CBS News Radio provides material to an estimated 700 stations across the country and is known best for its top-of-the-hour news roundups. The service will end on May 22, the network said Friday.

"Radio is woven into the fabric of CBS News and that's always going to be part of our history," CBS News editor-in-chief Bari Weiss said in delivering the news to the staff. "I want you to know that we did everything we could, including before I joined the company, to try and find a viable solution to sustain the radio operation." But with the radical changes in the media industry, she said, "we just could not find a way to make that possible."

It was unclear how many people will lose their jobs because of the radio shutdown. CBS News was cutting about 6% of its workforce, or more than 60 people, on Friday. It's not the end of turmoil at the network, as parent company Paramount Global is likely to absorb CNN as part of its announced purchase of Warner Bros. Discovery.

Opera

Opera GX Web Browser Comes To Linux (nerds.xyz) 38

BrianFagioli writes: Opera GX has officially landed on Linux, bringing its gamer-focused browser experience to Debian, Ubuntu, Fedora, and openSUSE-based systems. The browser includes GX Control for limiting RAM and network usage, a Hot Tabs Killer to shut down resource-heavy tabs, and built-in sidebar integrations for Discord and Twitch. Opera says this is not just a one-off port, but a long-term effort with ongoing updates and community engagement. "PC gaming has long been associated with a single dominant platform, but that's changing," says Maciej Kocemba, Product Director at Opera GX. "Bringing GX to Linux users -- who are renowned for the control they like to exert over their tools -- means gamers and developers can manage browser resources, customize their setup, and keep their system performing exactly the way they want."
Piracy

Cloudflare Appeals Piracy Shield Fine, Hopes To Kill Italy's Site-Blocking Law (arstechnica.com) 25

Cloudflare is appealing a 14.2 million-euro fine from Italy for refusing to comply with its "Piracy Shield" law, which requires blocking access to websites on its 1.1.1.1 DNS service within 30 minutes. The company argues the system lacks oversight, risks widespread overblocking, and could undermine core Internet infrastructure. Ars Technica's Jon Brodkin reports: Piracy Shield is "a misguided Italian regulatory scheme designed to protect large rightsholder interests at the expense of the broader Internet," Cloudflare said in a blog post this week. "After Cloudflare resisted registering for Piracy Shield and challenged it in court, the Italian communications regulator, AGCOM, fined Cloudflare... We appealed that fine on March 8, and we continue to challenge the legality of Piracy Shield itself." Cloudflare called the fine of 14.2 million euros ($16.4 million) "staggering." AGCOM issued the penalty in January 2026, saying Cloudflare flouted requirements to disable DNS resolution of domain names and routing of traffic to IP addresses reported by copyright holders.

Cloudflare had previously resisted a blocking order it received in February 2025, arguing that it would require installing a filter on DNS requests that would raise latency and negatively affect DNS resolution for sites that aren't subject to the dispute over piracy. Cloudflare co-founder and CEO Matthew Prince said that censoring the 1.1.1.1 DNS resolver would force the firm "not just to censor the content in Italy but globally."

Piracy Shield was designed to combat pirated streams of live sports events, requiring network operators to block domain names and IP addresses within 30 minutes of receiving a copyright notification. Cloudflare said the fine should have been capped at 140,000 euros ($161,000), or 2 percent of its Italian earnings, but that "AGCOM calculated the fine based on our global revenue, resulting in a penalty nearly 100 times higher than the legal limit."

Despite its complaints about the size of the fine, Cloudflare said the principles at stake "are even larger" than the financial penalty. "Piracy Shield is an unsupervised electronic portal through which an unidentified set of Italian media companies can submit websites and IP addresses that online service providers registered with Piracy Shield are then required to block within 30 minutes," Cloudflare said.
Cloudflare is pushing for the law to be struck down, arguing that it is "incompatible with EU law, most notably the Digital Services Act (DSA), which requires that any content restriction be proportionate and subject to strict procedural safeguards."

In addition to appealing the fine, Cloudflare says it will continue to challenge Piracy Shield in Italian courts, engage with EU officials, and seek full access to AGCOM's Piracy Shield records.
Facebook

Meta Is Shutting Down VR Social Platform Horizon Worlds (cnbc.com) 51

Meta is shutting down its VR social platform Horizon Worlds, which was once a key piece of the pivot to the metaverse. The company said the app will be taken off the Quest store at the end of March, and fully removed from Quest headsets by June 15. After that date, it will shift to a standalone "mobile-only experience." CNBC reports: The shift for Horizon Worlds, which was once a central part of the company's push into virtual reality, comes weeks after Meta cut over 1,000 employees from Reality Labs, the unit responsible for the metaverse. [...] The social platform has never drawn more than a couple hundred thousand active users a month, CNBC previously reported.

The virtual 3D social network where avatars could interact and play games with other users officially launched in late 2021. It operated exclusively on the Quest VR platform until Meta launched a mobile app version in September 2023. The mobile version of Horizon Worlds was built to provide an entry point for users without VR headsets, functioning similarly to Roblox.

Businesses

Finance Bros To Tech Bros: Don't Mess With My Bloomberg Terminal (wsj.com) 61

An anonymous reader quotes a report from the Wall Street Journal: A battle of insults and threats has broken out between the tech world and Wall Street. What's got everyone so worked up? The same thing that starts most fights: business software. A series of social-media posts went viral in recent days with claims that AI has created a worthy -- and way cheaper -- alternative to the Bloomberg terminal, a computer system that is like oxygen to professional investors. Now "Bloomberg is cooked," some posters argued as they heralded the arrival of a newly released AI tool from startup Perplexity. [...]

The finance bros who worship at the altar of Bloomberg have declared war on the tech evangelists who have put all their faith in AI. To suggest that the terminal is replaceable is "laughable," said Jason Lemire, who jumped into the conversation on LinkedIn. (Ironically or not, his post also included an AI-generated image of churchgoers praying to the Bloomberg terminal). "It seems quite obvious to me that those propagating that post are either just looking for easy engagement and/or have never worked in a serious financial institution," he wrote. [...] Morgan Linton, the co-founder and CTO of AI startup Bold Metrics and an avid Perplexity Computer user, said it's rare for a single AI prompt to generate anything close to what Bloomberg does. That said, he added that tools like this can lay "a really good foundation for a financial application. And that really has not been possible before."

Others aren't so sure. Michael Terry, an institutional investment manager who used the terminal for more than 30 years, said he used a prompt circulating online to try to vibe code a Bloomberg replica on Anthropic's Claude. "It was laughable at best, horrific at worst," he said. Shevelenko acknowledged there are some aspects of the terminal that can't be replicated with vibe coding, including some of Bloomberg's proprietary data inputs. The live chat network, which includes 350,000 financial professionals in 184 countries, would also be hard to re-create, as well as the terminal's data security, reliability and robust support system. "I love Bloomberg. And I know most people that use Bloomberg are very, very loyal and extremely happy," said Lemire. His message to the techies? "There's nothing that you can vibe code in a weekend or even like over the course of a year that's going to come anywhere close."

Open Source

Nvidia Bets On OpenClaw, But Adds a Security Layer Via NemoClaw (zdnet.com) 11

During today's Nvidia GTC keynote, the company introduced NemoClaw, a security-focused stack designed to make the autonomous AI agent platform OpenClaw safer. ZDNet explains how it works: NemoClaw installs Nvidia's OpenShell, a new open-source runtime that keeps agents safer to use by enforcing an organization's policy-based guardrails. OpenShell keeps models sandboxed, adds data privacy protections and additional security for agents, and makes them more scalable. "This provides the missing infrastructure layer beneath claws to give them the access they need to be productive, while enforcing policy-based security, network, and privacy guardrails," Nvidia said in the announcement. The company built OpenShell with security companies like CrowdStrike, Cisco, and Microsoft Security to ensure it is compatible with other cybersecurity tools.

Nvidia said NemoClaw can be installed in a single command, runs on any platform, and can use any coding agent, including Nvidia's own Nemotron open model family, on a local system. Through a privacy router, it allows agents to access frontier models in the cloud, which unites local and cloud models to help teach agents how to complete tasks within privacy guardrails, Nvidia explained. Nvidia seems to be hoping that the additional security can make OpenClaw agents more popular and accessible, with less risk than they currently carry. The bigger picture here is how NemoClaw could give companies the added peace of mind to let AI agents complete actions for their employees, where they wouldn't have previously.
Nvidia did not specify when NemoClaw would be available.
Sci-Fi

Animated 'Firefly' Reboot In Development With Nathan Fillion (hollywoodreporter.com) 116

An animated reboot of Firefly is in early development at 20th Television Animation with Nathan Fillion involved. The project has Joss Whedon's blessing and will be run by writers Tara Butters and Marc Guggenheim, with early concept art already underway. According to the Hollywood Reporter, "The series would be set in the timeline between the original, 11-episode TV run in 2002 and the 2005 feature film continuation, Serenity." You can watch Fillion announce the Firefly reboot on Instagram.

When the first episode of the original series premiered in late 2002, Slashdot reader fm6 wrote: "Firefly, Joss Whedon's 'anti-Trek drama' premieres tonight, on Fox, 8 E/P. I normally despise hypespeak, but this time it's the only language that fits: this is groundbreaking, mind-boggling, totally original. I've seen a bootleg of the pilot (which, unfortunately, the network is holding back) and I promise you this is the most geek-friendly SF you've seen in a long time. Yes, more so than Star Trek and B5, and way past Star Wars. I've never seen the future so skillfully, realistically, and lovingly portrayed. Here is the Official Site and a leading fan site." "This is the single new show this season I have added a season pass for to the old Tivo," CmdrTaco said at the time. "But I'll probably watch it live. This looks like it could be as good as we hope."
Power

Sodium-Ion Battery Tested for Grid-Scale Storage in Wisconsin (electrek.co) 135

"A new type of battery storage is about to be deployed on the Midwestern grid for the first time," reports Electrek: Sodium-ion battery storage manufacturer Peak Energy and global energy company RWE Americas will pilot a passively cooled sodium-ion battery system in eastern Wisconsin on the Midcontinent Independent System Operator network — the first sodium-ion deployment on that grid. Peak Energy says its technology is specifically designed for grid-scale storage and leverages sodium-ion chemistry's inherent stability. Unlike many lithium-ion systems, sodium-ion batteries don't require active cooling and can operate over a wide temperature range without losing performance.

That simpler design could make a meaningful dent in the cost of storing electricity. According to Peak Energy, its system cuts the lifetime cost of stored energy by an average of $70 per kilowatt-hour. That's roughly half the total cost of a typical battery system today. The company says it achieves those savings by removing energy-hungry cooling systems, eliminating routine maintenance requirements, and reducing the need to overbuild storage capacity to account for battery degradation over time...

If the Wisconsin pilot proves successful, it could open the door to wider adoption of sodium-ion batteries for large-scale energy storage across the US.

Government

How One Company Finally Exposed North Korea's Massive Remote Workers Scam (nbcnews.com) 24

NBC News investigates North Korea's "wide-ranging effort to place remote workers at U.S. companies in order to funnel money back to its coffers and, in some cases, steal sensitive information."

And working with the FBI, one corporate security/investigations company decided to knowingly hire one of North Korea's remote workers — then "ship him a laptop and gain as much information as possible" about this "sprawling international employment scheme that is estimated to include hundreds of American companies, thousands of people and hundreds of millions of dollars per year." It worked.... Over a roughly three-month investigation, Nisos uncovered an apparent network of at least 20 North Korean operatives including "Jo" who had collectively applied to at least 160,000 roles. During that time, workers in the network — which some evidence showed were based in China — were employed by five U.S.-based companies and allegedly helped by an American citizen operating out of two nondescript suburban homes in Florida...

Nisos estimated that in about a year, "Jo", who was likely a newer member of the team, applied to about 5,000 jobs... "They attended interviews all day every day, and then once they secured a job, they would collect paychecks until they were terminated," [according to Jared Hudson, Nisos' chief technology officer]... With the ability to see which other U.S. companies Jo and his team were working for — all remote technology roles — Nisos' CEO, Ryan LaSalle, began making calls to their security teams to alert them of the fraud. "Most of the companies weren't aware of it, even if they had pretty robust security teams," LaSalle said. "It wasn't really high on the radar."

NBC News describes North Korea's 10-year effort — and its educational pipeline that steers promising students into "computer science and hacking training before being placed into cyberunits under military and state agencies, according to a recent report by DTEX, a risk-adaptive security and behavioral intelligence firm that tracks North Korea's cybercrime." In one case, a North Korean worker stole sensitive information related to U.S. military technology, according to the Justice Department. In another, an American accomplice obtained an ID that enabled access to government facilities, networks and systems. At least three organizations have been extorted and suffered hundreds of thousands of dollars in damages after proprietary information was posted online by IT workers... Analysts warn that North Korean IT workers are targeting larger organizations, increasing extortion attempts and seeking out employers that pay salaries in cryptocurrency. More recently, security researchers have uncovered fake job application platforms impersonating major U.S. cryptocurrency and AI firms, including Anthropic, designed to infect legitimate applicants' networks with malware to be utilized once hired. The global cybersecurity company CrowdStrike identified a 220% rise in 2025 in instances of North Koreans gaining fraudulent employment at Western companies to work remotely as developers...

The payoff flowing back to Pyongyang from these schemes is enormous. Some North Korean IT workers earn more than $300,000 per year, far more than they'd be able to earn domestically, with as much as 90% of their wages directed back to the regime, according to congressional testimony from Bruce Klinger, a former CIA deputy division chief for Korea. The United Nations estimates the schemes, which proliferated after the pandemic when more companies' workforces went remote, generate as much as $600 million annually, while a U.S. State Department-led sanctions monitoring assessment placed earnings for 2024 as high as $800 million... So far, at least 10 alleged U.S.-based facilitators have been federally charged, including one active-duty member of the U.S. Army, for their alleged roles in hosting laptop farms, laundering payments and moving proceeds through shell companies. At least six other alleged U.S. facilitators have been identified in court documents but not named...

"We believe there are many more hundreds of people out there who are participating in these schemes," said Rozhavsky, the FBI assistant director. "They could never pull this off if they didn't have willing facilitators in the U.S. helping them...." The scheme itself is also becoming more complex. North Korean IT teams are now subcontracting work to developers in Pakistan, Nigeria and India, expanding into fields like customer service, financial processing, insurance and translation services — roles far less scrutinized than software development.

Privacy

New Freenet Network Launches, Along With 'River' Group Chat (freenet.org) 26

Wikipedia describes Freenet as "a peer-to-peer platform for censorship-resistant, anonymous communication," released in the year 2000. "Both Freenet and some of its associated tools were originally designed by Ian Clarke," Wikipedia adds. (And in 2000 Clarke answered questions from Slashdot's readers...)

And now Ian Clarke (aka Sanity — Slashdot reader #1,431) returns to share this announcement: Freenet's new generation peer-to-peer network is now operational, along with the first application built on the network: a decentralized group chat system called River.

The new version is a complete redesign of the original project, focusing on real-time decentralized applications rather than static content distribution. Applications run as WebAssembly-based contracts across a small-world peer network, allowing software to operate directly on the network without centralized infrastructure.

An introductory video demonstrating the system is available on YouTube.

"While the original Freenet was like a decentralized hard drive, the new Freenet is like a full decentralized computer," Clarke wrote in 2023, "allowing the creation of entirely decentralized services like messaging, group chat, search, social networking, among others... designed for efficiency, flexibility, and transparency to the end user."

"Freenet 2023 can be used seamlessly through your web browser, providing an experience that feels just like using the traditional web,"
Botnet

Researchers Discover 14,000 Routers Wrangled Into Never-Before-Seen Botnet (arstechnica.com) 32

An anonymous reader quotes a report from Ars Technica: Researchers say they have uncovered a takedown-resistant botnet of 14,000 routers and other network devices -- primarily made by Asus -- that have been conscripted into a proxy network that anonymously carries traffic used for cybercrime. The malware -- dubbed KadNap -- takes hold by exploiting vulnerabilities that have gone unpatched by their owners, Chris Formosa, a researcher at security firm Lumen's Black Lotus Labs, told Ars. The high concentration of Asus routers is likely due to botnet operators acquiring a reliable exploit for vulnerabilities affecting those models. He said it's unlikely that the attackers are using any zero-days in the operation.

The number of infected routers averages about 14,000 per day, up from 10,000 last August, when Black Lotus discovered the botnet. Compromised devices are overwhelmingly located in the US, with smaller populations in Taiwan, Hong Kong, and Russia. One of the most salient features of KadNap is a sophisticated peer-to-peer design based on Kademlia (PDF), a network structure that uses distributed hash tables to conceal the IP addresses of command-and-control servers. The design makes the botnet resistant to detection and takedowns through traditional methods.

[...] Despite the resistance to normal takedown methods, Black Lotus says it has devised a means to block all network traffic to or from the control infrastructure." The lab is also distributing the indicators of compromise to public feeds to help other parties block access. [...] People who are concerned their devices are infected can check this page for IP addresses and a file hash found in device logs. To disinfect devices, they must be factory reset. Because KadNap stores a shell script that runs when an infected router reboots, simply restarting the device will result in it being compromised all over again. Device owners should also ensure all available firmware updates have been installed, that administrative passwords are strong, and that remote access has been disabled unless needed.

The Courts

Binance Sues WSJ, Panicked By Gov't Probes Into Sanctioned Crypto Transfers (arstechnica.com) 34

An anonymous reader quotes a report from Ars Technica: Binance is hoping that suing (PDF) The Wall Street Journal for defamation might help shake off a fresh round of government probes into how the cryptocurrency exchange failed to detect $1.7 billion in transfers to a network that was funding Iran-backed terror groups. The lawsuit comes after a Wall Street Journal investigation, based on conversations with insiders and reviews of internal documents, reported that Binance had quietly dismantled its own investigation into the unlawful transfers and then fired compliance staff who initially flagged them.

Alleging that the report falsely accused Binance of retaliation -- among 10 other allegedly false claims -- Binance accused the Journal of conducting a "sham" investigation that intentionally disregarded the company's statements. That included supposedly failing to note that Binance had not closed its investigation into the unlawful transfers. Binance's role in the large-scale violation of US sanctions laws is currently being investigated by the Justice and Treasury Departments. Congress members also took notice, including Sen. Richard Blumenthal (D-Conn.), ranking member of the Senate Permanent Subcommittee on Investigations (PSI), who launched an additional inquiry. In a letter to Binance CEO Richard Teng, Blumenthal cited the Journal's report, as well as reporting from The New York Times and Fortune, while demanding that Binance explain how it managed to overlook the money-laundering for so long and why compliance staff members were fired.

In its complaint Wednesday, Binance claimed that these probes may "be just the tip of the iceberg" if the record is not corrected. The reputational harm is particularly damaging, the exchange noted, since Binance has allegedly worked hard to strengthen its compliance after reaching a settlement with the US government in 2023. In taking that plea deal, Binance admitted to violating anti-money laundering and sanctions laws and paid a $4.3 billion fine, and its founder, Changpeng Zhao, eventually pled guilty to a related charge. Since that scandal, Binance claimed that the WSJ has "made a business of maligning both the cryptocurrency industry generally and Binance specifically." That's why the Journal allegedly rushed to publish its story following a similar New York Times investigation. Alleging that the WSJ was financially motivated to publish a negative story that would get more clicks, Binance claimed the Journal provided little time to respond and then failed to make necessary corrections before and after publication.

China

China Moves To Curb OpenClaw AI Use At Banks, State Agencies (bloomberg.com) 18

An anonymous reader quotes a report from Bloomberg: Chinese authorities moved to restrict state-run enterprises and government agencies from running OpenClaw AI apps on office computers, acting swiftly to defuse potential security risks after companies and consumers across China began experimenting with the agentic AI phenomenon. Government agencies and state-owned enterprises, including the largest banks, have received notices in recent days warning them against installing OpenClaw software on office devices for security reasons [...]. Several of them were instructed to notify superiors if they had already installed related apps for security checks and possible removal, some of the people said.

Certain employees, including those at state-run banks and some government agencies, were banned from installing OpenClaw on office computers and also personal phones using the company's network, some of the people said. One person said the ban was also extended to the families of military personnel. Other notices stopped short of calling for an outright ban on OpenClaw software, saying only that prior approval is needed before use, the people said. The warning underscores Beijing's growing concern about OpenClaw, an agentic AI platform that requires unusually broad access to private data and can communicate externally, potentially exposing computers to external attack. [...]

Despite the potential security risks, companies from Tencent to JD.com Inc. have been rolling out OpenClaw apps to try and capitalize on the groundswell of enthusiasm, while several local government agencies have declared millions of yuan in subsidies for companies that develop atop the platform. [...] Tech giants like Tencent and Alibaba, along with AI upstarts ranging from Moonshot to MiniMax, have rolled out their own tweaks of the software touting simple, one-click adoption. A slew of government agencies, in cities from Shenzhen to Wuxi, have issued notices offering multimillion-yuan subsidies to startups leveraging OpenClaw to make advances. The frenzy has helped drive up shares of AI model developer MiniMax nearly 640% since its listing just two months ago. It's now worth about $49 billion, surpassing Baidu -- once viewed as the frontrunner in Chinese AI development -- in market value. The company launched MaxClaw, an agent built on OpenClaw, in late February.

AT&T

AT&T Outlines $250 Billion US Investment Plan To Boost Infrastructure In AI Age (reuters.com) 12

AT&T plans to invest more than $250 billion over the next five years to expand U.S. telecom infrastructure for the AI age. The company says it will also hire thousands of technicians while partnering with AST SpaceMobile to extend coverage to remote areas. Reuters reports: Rapid adoption of artificial intelligence, cloud computing and connected devices has prompted telecom operators to invest heavily in fiber and 5G networks as they also seek to fend off intensifying competition from cable broadband providers. AT&T, which has about 110,000 employees in the U.S., said the new hires will help build and maintain its infrastructure. The outlay includes capital expenditure and other spending, the company said.

The spending will focus on expanding its fiber and wireless networks, including accelerating deployment of fiber broadband, 5G home internet and satellite connectivity to extend coverage across urban, suburban and rural areas. [...] AT&T is also working with satellite partner AST SpaceMobile to expand connectivity to remote regions where traditional network infrastructure is difficult to deploy. The company said it would continue spending on the FirstNet network built for first responders and bolster investment in network security and artificial intelligence-driven threat detection.

Facebook

Meta Acquires Moltbook, the Social Network For AI Agents 30

Axios reports that Meta has acquired Moltbook, the viral, Reddit-like social network designed for AI agents. Humans are welcome, but only to observe. Axios reports: The deal brings Moltbook's creators -- Matt Schlicht and Ben Parr -- into Meta Superintelligence Labs (MSL), the unit run by former Scale AI CEO Alexandr Wang. Meta did not disclose Moltbook's purchase price. The deal is expected to close mid-March, Meta says, with the pair starting at MSL on March 16. When it launched in late January, Moltbook was labeled the "most interesting place on the internet" by open-source developer and writer Simon Willison. "Browsing around Moltbook is so much fun. A lot of it is the expected science fiction slop, with agents pondering consciousness and identity. There's also a ton of genuinely useful information, especially on m/todayilearned."

In an internal post seen by Axios, Meta's Vishal Shah said existing Moltbook customers can temporarily continue using the platform. "The Moltbook team has given agents a way to verify their identity and connect with one another on their human's behalf," Shah says. "This establishes a registry where agents are verified and tethered to human owners." He added: "Their team has unlocked new ways for agents to interact, share content, and coordinate complex tasks."
Privacy

FBI Investigates Breach That May Have Hit Its Wiretapping Tools (theregister.com) 21

The FBI is investigating a breach affecting systems tied to wiretapping and surveillance warrant data, after abnormal logs revealed possible unauthorized access to law-enforcement-sensitive information. "The FBI identified and addressed suspicious activities on FBI networks, and we have leveraged all technical capabilities to respond," a spokesperson for the bureau said. "We have nothing additional to provide." The Register reports: [W]hile the FBI declined to provide any additional information, it's worth noting that China's Salt Typhoon previously compromised wiretapping systems used by law enforcement. Salt Typhoon is the PRC-backed crew that famously hacked major US telecommunications firms and stole information belonging to nearly every American.

According to the Associated Press, the FBI notified Congress that it began investigating the breach on February 17 after spotting abnormal log information related to a system on its network. "The affected system is unclassified and contains law enforcement sensitive information, including returns from legal process, such as pen register and trap and trace surveillance returns, and personally identifiable information pertaining to subjects of FBI investigations," the notification said.

Social Networks

Bluesky CEO Jay Graber Is Stepping Down (wired.com) 48

Bluesky CEO Jay Graber is stepping down after overseeing the platform's growth from a Twitter research project into a 40-million-user alternative to X. "As Bluesky matures, the company needs a seasoned operator focused on scaling and execution, while I return to what I do best: building new things," Graber wrote in a statement.

She will be transitioning to a new Chief Innovation Officer role while Venture capitalist Toni Schneider will serve as interim CEO until the board searches for a permanent replacement. Wired reports: Graber joined Bluesky in 2019, when it was a research project within Twitter focused on developing a decentralized framework for the social web. She became the company's first chief executive officer in 2021, when it spun out into an independent entity. She oversaw the platform's remarkable rise and the growing pains it experienced as it transformed from a quirky Twitter offshoot to a full-fledged alternative to X. Schneider tells WIRED that he intends to help Bluesky "become not just the best open social app, but the foundation for a whole new generation of user-owned networks."

Schneider, who will continue working as a partner at the venture capital firm True Ventures while at Bluesky, was previously CEO of the Wordpress parent company, Automattic, from 2006 to 2014. He also served as its CEO again in 2024 while top executive Matt Mullenweg went on a sabbatical. During that time, Schneider met Graber and became an adviser to Bluesky's leadership. In a blog post announcing his new role, Schneider said he plans to emphasize scaling, describing his job as "to help set up Bluesky's next phase of growth."

This isn't the end for Graber and Bluesky. She will transition to become the company's chief innovation officer, a role focused on Bluesky's technology stack rather than its business operations. The position was created for her. Graber, who began her career as a software engineer, has always sounded the most enthusiastic when discussing Bluesky's technology rather than its revenue streams. Bluesky's board of directors will appoint the next permanent CEO. The members include Jabber founder Jeremie Miller, crypto-focused VC Kinjal Shah, TechDirt founder Mike Masnick, and Graber. (Twitter founder Jack Dorsey was originally part of the board but quit in 2024.) This means Graber will have input on her successor. The talent search is still in early stages.

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