AI

AI is Not Killing Jobs, Finds New US Study 2

The mass adoption of ChatGPT is yet to have a big disruptive impact on US jobs, contradicting claims by chief executives and tech bosses that AI is already upending labour markets. Financial Times: Research from economists at the Yale University Budget Lab and the Brookings Institution think-tank indicates that, since OpenAI launched its popular chatbot in November 2022, generative AI has not had a more dramatic effect on employment than earlier technological breakthroughs.

The research, based on an analysis of official data on the labour market and figures from the tech industry on usage and exposure to AI, also finds little evidence that the tools are putting people out of work. The study follows widespread concern that generative AI will spark job losses -- and even the disappearance of certain types of work -- amid a US labour market that has recently weakened.
AI

Lufthansa To Cut 4,000 Jobs As Airline Turns To AI To Boost Efficiency 12

An anonymous reader quotes a report from CNBC: Lufthansa announced plans to cut 4,000 roles on Monday as it aims to increase profitability and lean on AI to drive efficiency. The airline group said it will eliminate a total of 4,000 FTE, or full-time equivalent, roles worldwide by 2030. The company is targeting primarily admin roles, the majority of which will be affected at its home base in Germany, as part of a broader restructuring strategy.

"The Lufthansa Group is reviewing which activities will no longer be necessary in the future, for example due to duplication of work. In particular, the profound changes brought about by digitalization and the increased use of artificial intelligence will lead to greater efficiency in many areas and processes," the company said in a release issued during its Capital Markets Day in Munich. CEO Sebastian Siemiatkowski said earlier this year that artificial intelligence had partially helped to shrink the company's headcount by 40% down from 5,000 employees to almost 3,000.
The Internet

Curiosity Drives Viewers To Ignore Trigger Warnings (phys.org) 74

alternative_right shares a report from Phys.org: For the first time, a new study has tested the effectiveness of trigger warnings in real life scenarios, revealing that the vast majority of young adults choose to ignore them. A new Flinders University study has found that nearly 90% of young people who saw a trigger warning still chose to view the content, saying that they did so out of curiosity, rather than because they felt emotionally prepared or protected. The findings published in the Journal of Behavior Therapy and Experimental Psychiatry aligned with a growing body of lab-based research suggesting that trigger warnings rarely lead to the avoidance of potentially distressing material.
Books

Independent UK Bookshops To Begin Selling eBooks 12

Independent UK bookshops will now be able to sell ebooks via a new platform (Bookshop.org's expansion), keeping 100% of profits and offering a non-Amazon way to reach digital readers. "Bookshops now have an additional tool in their fight against Amazon," said Nicole Vanderbilt, managing director of Bookshop.org UK. "Digital readers don't depend on Amazon's monopoly any more, now that they can find ebooks at the same price on Bookshop.org." The Guardian reports: Bookshop.org launched in the UK in November 2020 as a platform for independent bookshops to sell physical books. Bookshops receive 30% of the cover price from each sale they generate; so far, the UK site has generated 4.5 million pounds for independent bookshops. Customers will also now be able to buy ebooks through a bookshop of their choice. Profits from orders without a specified bookshop will be added to a shared pool, which will be distributed among all participating bookshops on the platform. [...]

The platform will launch with a catalogue of more than a million ebooks from all major publishers. It will be available online via a web browser and through the Bookshop.org apps on Apple and Android. "Due to Amazon's proprietary digital rights management [DRM] software and publishers' DRM requirements, it's not currently possible to buy DRM-protected ebooks from Bookshop.org or local bookshops and read them on your Kindle," said Bookshop.org. However, the site is working with the e-reader company Kobo to support Kobo devices "later this year," and longer term would "love to offer our own eInk device."
Science

Scientists Make Embryos From Human Skin DNA For First Time (bbc.com) 29

An anonymous reader quotes a report from the BBC: US scientists have, for the first time, made early-stage human embryos by manipulating DNA taken from people's skin cells and then fertilizing it with sperm. The technique could overcome infertility due to old age or disease, by using almost any cell in the body as the starting point for life. It could even allow same-sex couples to have a genetically related child. [...]

The Oregon Health and Science University research team's technique takes the nucleus -- which houses a copy of the entire genetic code needed to build the body -- out of a skin cell. This is then placed inside a donor egg that has been stripped of its genetic instructions. So far, the technique is like the one used to create Dolly the Sheep -- the world's first cloned mammal -- born back in 1996. However, this egg is not ready to be fertilized by sperm as it already contains a full suite of chromosomes.

You inherit 23 of these bundles of DNA from each of your parents for a total of 46, which the egg already has. So the next stage is to persuade the egg to discard half of its chromosomes in a process the researchers have termed "mitomeiosis" (the word is a fusion of mitosis and meiosis, the two ways cells divide). The study, published in the journal Nature Communications, showed 82 functional eggs were made. These were fertilized with sperm and some progressed onto the early stages of embryos development. None were developed beyond the six-day-stage.

The technique is far from polished as the egg randomly chooses which chromosomes to discard. It needs to end up with one of each of the 23 types to prevent disease, but ends up with two of some and none of others. There is also a poor success rate (around 9%) and the chromosomes miss an important process where they rearrange their DNA, called crossing over. Prof Mitalipov, a world-renowned pioneer in the field, told me: "We have to perfect it. "Eventually, I think that's where the future will go because there are more and more patients that cannot have children."

Crime

Charlie Javice Sentenced To 7 Years In Prison For Fraudulent Sale of Her Startup To JPMorgan (cnn.com) 55

Charlie Javice, founder of college financial-aid startup Frank, was sentenced to over seven years in prison for defrauding JPMorgan by inflating user numbers before the bank's $175 million acquisition. CNN reports: Javice, 33, was convicted in March of duping the banking giant when it bought her company, called Frank, in the summer of 2021. She made false records that made it seem like Frank had over 4 million customers when it had fewer than 300,000. Addressing the court before she was sentenced, Javice, who was in her mid-20s when she founded the company, said she was "haunted that my failure has transformed something meaningful into something infamous." Sometimes speaking through tears, she said she "made a choice that I will spend my entire life regretting."

Judge Alvin K. Hellerstein largely dismissed arguments by Javice's lawyer, Ronald Sullivan, that he should be lenient because the negotiations that led to Frank's sale pitted "a 28-year-old versus 300 investment bankers from the largest bank in the world." Still, the judge criticized the bank, saying "they have a lot to blame themselves" for after failing to do adequate due diligence. He quickly added, though, that he was "punishing her conduct and not JPMorgan's stupidity." Javice was among a number of young tech executives who vaulted to fame with supposedly disruptive or transformative companies, only to see them collapse amid questions about whether they had engaged in puffery and fraud while dealing with investors.

Businesses

Spotify's Founder and CEO Daniel Ek Is Stepping Down (techcrunch.com) 10

Spotify founder Daniel Ek will step down as CEO by year's end, transitioning to executive chairman after nearly two decades at the helm. In his place will be Gustav Soderstrom and Alex Norstrom as co-CEOs. TechCrunch reports: "Over the last few years, I've turned over a large part of the day-to-day management and strategic direction of Spotify to Alex and Gustav -- who have shaped the company from our earliest days and are now more than ready to guide our next phase," Ek said in a statement. "This change simply matches titles to how we already operate. In my role as Executive Chairman, I will focus on the long arc of the company and keep the Board and our co-CEOs deeply connected through my engagement."

In a post on X, Ek also mentioned that Spotify has been profitable for over a year. Ek has served as Spotify's CEO since he founded it in 2006, so this is a big change in leadership for the streaming giant.

Operating Systems

Amazon Launches Vegas OS, Its Android Replacement For Fire TV With No Sideloading (9to5google.com) 40

Amazon is replacing Android on new Fire TV hardware with its own Vega OS, debuting on the Fire TV Stick 4K Select. While major streaming apps are supported, sideloading is gone "because, well, this isn't Android anymore," notes 9to5Google. The company says "only apps from the Amazon Appstore are available for download." From the report: The company hasn't fully detailed all of the ins and outs of Vega, but Amazon hints that this is a move in the interest of performance. In a post, Amazon touches on Vega being "remarkably fast" despite the low-end hardware of its new Fire TV Stick 4K Select: "Our newest Fire TV Stick, the 4K Select, helps you maximize every pixel of your 4K TVs at an incredible value. It delivers vibrant 4K picture quality with HDR10+ support and apps that launch remarkably fast. The performance comes from our new operating system, Vega, which is responsive and highly efficient. Everything you need is right in the box -- it works with your favorite streaming services, and will soon support Xbox Gaming, Luna, and Alexa+."

As pointed out by AFTVNews, the Fire TV 4K Select offers a mere 1GB of RAM, which is half as much as prior generations. So, in a way, that does speak to how lightweight this new platform is. But the bigger question is around apps. Amazon says that "your favorite streaming services" still work with Vega, and that Xbox, Luna, and Alexa+ will be coming "soon" (though they're already supported on existing Android-based Fire TV devices).

Crime

Chinese Woman Convicted After 'World's Biggest' Bitcoin Seizure (bbc.com) 30

An anonymous reader quotes a report from the BBC: A Chinese national has been convicted following an international fraud investigation which resulted in what's believed to be the single largest cryptocurrency seizure in the world. The Metropolitan Police says it recovered 61,000 bitcoin worth more than $6.7 billion in current prices. Zhimin Qian, also known as Yadi Zhang, pleaded guilty on Monday at Southwark Crown Court of illegally acquiring and possessing the cryptocurrency. A second person appeared in court on Tuesday to admit to their role in the scheme.

Malaysian national Seng Hok Ling, of Matlock, Derbyshire, pleaded guilty at Southwark Crown Court of entering into a money laundering arrangement on or before April 23, 2024. According to the charge, he had been dealing in cryptocurrency on Qian's behalf, "knowing or suspecting his actions would facilitate the acquisition or control of criminal property by another." Between 2014 and 2017 Qian led a large-scale scam in China which involved cheating more than 128,000 victims and storing the stolen funds in bitcoin assets, the Met said in a statement.

It said the 47-year-old's guilty plea followed a seven-year probe into a global money laundering web which began when it got a tipoff about the transfer of criminal assets. Qian had been "evading justice" for five years up to her arrest, which required a complex investigation involving multiple jurisdictions, said Detective Sergeant Isabella Grotto, who led the Met's investigation. She fled China using false documents and entered the UK, where she attempted to launder the stolen money by buying property, said the Met.
"By pleading guilty today, Ms Zhang hopes to bring some comfort to investors who have waited since 2017 for compensation, and to reassure them that the significant rise in cryptocurrency values means there are more than sufficient funds available to repay their losses," said Qian's solicitor Roger Sahota, of Berkeley Square Solicitors.

"Bitcoin and other cryptocurrencies are increasingly being used by organised criminals to disguise and transfer assets, so that fraudsters may enjoy the benefits of their criminal conduct," added deputy chief Crown prosecutor, Robin Weyell. "This case, involving the largest cryptocurrency seizure in the UK, illustrates the scale of criminal proceeds available to those fraudsters."
Social Networks

OpenAI's New Social Video App Will Let You Deepfake Your Friends (theverge.com) 20

Alongside its updated Sora 2 AI video generator, OpenAI has launched an iPhone-only social app called Sora that lets users consent to have friends create deepfake-style cameos of them. The invite-only app works a lot like TikTok with short remixable videos but enforces restrictions on public figures and explicit content. The Verge reports: In a briefing with reporters on Monday, employees called it the potential "ChatGPT moment for video generation." The Sora app is currently only available to US and Canada users, with other countries set to follow, and when someone receives access, they also get four additional invites to share with friends. There's no word on when an Android version might be released.

Sora users can give their friends -- or, if they're feeling bold, everyone -- permission to create "cameos" with their own likeness using the new video model, which is dubbed Sora 2. The person whose likeness is being generated is a "co-owner" of that end result, OpenAI employees said, and they can delete it or revoke access to others at any time. Like TikTok, OpenAI's Sora app allows you to interact with other videos and trends using a "Remix" feature, but it only allows for the generation of 10-second videos for now.

The Almighty Buck

Venmo and PayPal Users Will Finally Be Able To Send Money To Each Other (techcrunch.com) 11

Starting in November, Venmo and PayPal users will finally be able to send money directly to each other, ending years of workarounds despite Venmo being owned by PayPal. TechCrunch reports: This change means that PayPal users will now be able to find Venmo users by inputting their phone numbers, and later, their email addresses. If you don't want PayPal users to be able to find you, you can update your settings in the Venmo app by navigating to Settings - Privacy - Find me... and while you're at it, you might as well default your Venmo transactions to private via Settings > Privacy. You'll thank me in the long run.

PayPal announced that it would broaden its network of payment systems in July, starting with Venmo, but the companies did not confirm the date of the update until now. This collection of partnerships, which PayPal has named PayPal World, will also work with Mercado Pago, NPCI International Payments Limited, and Tenpay Global. This will help users send money internationally without barriers and fees. Combined, Venmo and PayPal have 2 billion global users, according to PayPal.

Television

FCC To Consider Ending Merger Ban Among US Broadcast Networks (reuters.com) 63

An anonymous reader quotes a report from Reuters: The U.S. Federal Communications Commission voted on Tuesday to consider whether to lift the long-standing prohibition on a merger between any of the largest four broadcast networks and to consider relaxing other media ownership rules. The FCC said it would consider public comments before deciding whether to reverse the rule that bars a merger among the "Big Four" networks: NBC, owned by Comcast, Walt Disney Co's ABC, Paramount Skydance's CBS or Fox. The FCC also said it was seeking public comment on whether to eliminate or revise a rule that limits a single entity from owning more than two of the four largest television stations in the same local market and a rule that limits the total number of local radio stations that may be owned in a single market.

Previously, the FCC noted that a version of the rule barring dual ownership of networks has existed since the 1940s. A 2018 media ownership review concluded the bar should be upheld "because it advances the agency's core policy objectives of competition and localism. "We intend to take a fresh approach to competition by examining the broader media marketplace, rather than treating broadcast radio and television as isolated markets," FCC Chair Brendan Carr said. "If we determine that any rule no longer serves the public interest, we will fulfill our statutory duty to modify or eliminate those rules."

Windows

Windows 11's 2025 Update Arrives (bleepingcomputer.com) 87

Microsoft began rolling out Windows 11 version 25H2 today, delivering the annual update as a compact enablement package to users who enable the "get the latest updates as soon as they're available" toggle in Windows Update. The company tested the release in its Windows Insider Release Preview ring during the previous month before the broader rollout.Version 25H2 shares its code base and servicing branch with the existing 24H2 release. Both versions will receive identical monthly feature updates going forward.

The update removes PowerShell 2.0 and the Windows Management Instrumentation command-line tool to reduce the operating system's footprint. John Cable, vice president of program management for Windows servicing and delivery, said the release includes advancements in build and runtime vulnerability detection paired with AI-assisted secure coding. Microsoft designed the version to address security threats under its security development lifecycle policy requirements. The company plans to expand availability over the coming months and will document known compatibility issues on its Windows release health hub. Devices with detected application or driver incompatibilities will receive safeguard holds that delay the update until resolution.
United Kingdom

Imgur Pulls Out of UK as Data Watchdog Threatens Fine (express.co.uk) 38

Imgur, a popular image hosting platform with more than 130 million users, has stopped being available in the UK after regulators signalled their intention to impose penalties over concerns around children's data. From a report: The Information Commissioner's Office (ICO) said that it has reached provisional findings in an investigation in the parent company of image hosting site, Imgur. Its probe was launched earlier this year, as part of the regulator's Children's Code strategy, which is intended to set the standards for how online services handle the personal information of young people. BBC adds: The UK's data watchdog, the Information Commissioner's Office (ICO), said it recently notified the platform's parent company, MediaLab AI, of plans to fine Imgur after probing its approach to age checks and use of children's personal data.
China

China Hackers Breached Foreign Ministers' Emails, Palo Alto Says (insurancejournal.com) 9

Chinese hackers breached email servers of foreign ministers as part of a years-long effort targeting the communications of diplomats around the world, according to researchers at the cybersecurity firm Palo Alto Networks. From a report: Attackers accessed Microsoft Exchange email servers, gaining the ability to search for information at some foreign ministries, said the team at Unit 42, the threat intelligence division of Palo Alto Networks, which has been tracking the group for nearly three years.

Hackers specifically searched in the email servers for key terms related to a China-Arab summit in Riyadh, Saudi Arabia, in 2022, said Lior Rochberger, senior researcher at the company. They also searched for names such as including Chinese President Xi Jinping and his wife, Peng Liyuan, in the context of that summit, the researchers said. The researchers declined to specifically identify which countries had their systems breached in the hacking campaign, but wrote in the report that the group's targeting patterns "align consistently with the People's Republic of China (PRC) economic and geopolitical interests."

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