United States

Did the US Successfully Take Over TikTok, Or Not? (apnews.com) 58

Longtime Slashdot reader hackingbear writes: President Donald Trump signed an executive order Thursday that he says will allow TikTok to continue operating in the United States in a way that meets national security concerns. Trump's order will enable an American-led of group of investors to "buy the app" (up to 80% ownership) from China's ByteDance, though the deal is not yet finalized and also requires China's approval. However, much about the deal is still unknown. So, did the U.S. successfully snatch TikTok from ByteDance? It is probably up to individual's interpretation.

As with any deals between U.S. and China, the devil is in the details. According Shen Yi, an internet influencer and a professor at Shanghai's Fudan University, what the U.S. investor will eventually take control of is an entity known as TikTok U.S. Data Security Company ("USDS"), which is a subsidiary of TikTok U.S. and is exclusively responsible to handle data security in the U.S.. ByteDance will continue, through its U.S. subsidiary "ByteDance TikTok U.S. Company," to operate business and other related activities (such as e-commerce, advertising for brands, and cross-border commercial activities). It is important to stress that "Byte TikTok U.S. Company" remains 100% owned by ByteDance through its global TikTok subsidiary -- this arrangement has not changed. The TikTok algorithm remains the property of ByteDance, only licensed to USDS for use. This point was in fact explicitly clarified by a relevant official of China's Cyberspace Administration at the press conference following the Madrid talks.

After reaching the TikTok deal, Beijing and Washington are now selling it to their respective domestic audience, each highlighting the part of the deal that it can characterize as a win. Shen's details are not in conflict with the widely-reported account given by Karoline Leavitt, the White House Press Secretary, who emphasized "a new board with six American directors out of seven." Observers can also find the TikTok arrangement being very similar to that of Apple's iCloud operation in China being run by GCBD (AIPO Cloud (Guizhou) Technology Co. Ltd.) while Apple retain controls of the brand and business.

Security

Shoplifters Could Soon Be Chased Down By Drones (technologyreview.com) 144

An anonymous reader quotes a report from MIT Technology Review: Flock Safety, whose drones were once reserved for police departments, is now offering them for private-sector security, the company announced today, with potential customers including including businesses intent on curbing shoplifting.Companies in the US can now place Flock's drone docking stations on their premises. If the company has a waiver from the Federal Aviation Administration to fly beyond visual line of sight (these are becoming easier to get), its security team can fly the drones within a certain radius, often a few miles.

"Instead of a 911 call [that triggers the drone], it's an alarm call," says Keith Kauffman, a former police chief who now directs Flock's drone program. "It's still the same type of response." Kauffman walked through how the drone program might work in the case of retail theft: If the security team at a store like Home Depot, for example, saw shoplifters leave the store, then the drone, equipped with cameras, could be activated from its docking station on the roof. "The drone follows the people. The people get in a car. You click a button," he says, "and you track the vehicle with the drone, and the drone just follows the car." The video feed of that drone might go to the company's security team, but it could also be automatically transmitted directly to police departments.

The defense tech startup Epirus has developed a cutting-edge, cost-efficient drone zapper that's sparking the interest of the US military. Now the company has to deliver. The company says it's in talks with large retailers but doesn't yet have any signed contracts. The only private-sector company Kauffman named as a customer is Morning Star, a California tomato processor that uses drones to secure its distribution facilities. Flock will also pitch the drones to hospital campuses, warehouse sites, and oil and gas facilities. It's worth noting that the FAA is currently drafting new rules for how it grants approval to pilots flying drones out of sight, and it's not clear if Flock's use case would be allowed under the currently proposed guidance.

China

Horror Film's Wedding Scene Digitally Altered for Chinese Audiences (theguardian.com) 47

Australian horror film Together, starring Dave Franco and Alison Brie, underwent digital alterations for its mainland China release on September 12. Chinese cinemagoers discovered that a wedding scene between two men had been modified using face-swapping technology to transform one male character into a female appearance. The change only became apparent after side-by-side screenshots from the original and altered versions circulated on social media platforms.

Chinese viewers are expressing outrage over the AI-powered modification, The Guardian reports, citing concerns about creative integrity and the difficulty of detecting such alterations compared to traditional scene cuts. The film's distributor halted the scheduled September 19 general release following the backlash. China's censorship authorities require all imported films to undergo approval before release.
The Almighty Buck

Vietnam Shuts Down Millions of Bank Accounts Over Biometric Rules (icobench.com) 23

Longtime Slashdot reader schwit1 shares a report from ICO Bench: As of September 1, 2025, banks across Vietnam are closing accounts deemed inactive or non-compliant with new biometric rules. Authorities estimate that more than 86 million accounts out of roughly 200 million are at risk if users fail to update their identity verification.

The State Bank of Vietnam has also introduced stricter thresholds for transactions:
- Facial authentication is mandatory for online transfers above 10 million VND (about $379).
- Cumulative daily transfers over 20 million VND ($758) also require biometric approval.

The policy is part of the central bank's broader "cashless" strategy, aimed at combating fraud, identity theft, and deepfake-enabled scams. [...] While many Vietnamese citizens have updated their biometric data without issue, the measure has disproportionately affected foreign residents and expatriates who cannot easily return to local branches and dormant accounts that had been left inactive for years.
schwit1 highlights a post on X from Bitcoin expert and TFTC.io founder Marty Bent: "If users don't comply by the 30th they'll lose their money. This is why we bitcoin."
Government

Meta's AI System Llama Approved For Use By US Government Agencies 9

The U.S. General Services Administration has approved Meta's AI system Llama for use by federal agencies, declaring that it meets government security and legal standards. Reuters reports: "It's not about currying favor," [said Josh Gruenbaum, the GSA's procurement lead, when asked whether tech executives are giving the government discounts to get President Donald Trump's approval]. "It's about that recognition of how do we all lock in arms and make this country the best country it could possibly be." Federal agencies will be able to deploy the tool to speed up contract review or more quickly solve information technology hiccups, among other tasks, he said.
Social Networks

TikTok Algorithm To Be Retrained On US User Data Under Trump Deal (bbc.com) 37

The Trump administration has struck a deal requiring TikTok's algorithm to be copied, retrained, and operated in the U.S. using only U.S. user data, with Oracle auditing the system and U.S. investors forming a joint venture to oversee it. The BBC reports: It comes after President Donald Trump said a deal to prevent the app's ban in the US, unless sold by its Chinese parent company ByteDance, had been reached with China's approval. White House officials claim the deal will be a win for the app's US users and citizens. President Trump is expected to sign an executive order later this week on the proposed deal, which will set out how it will comply with US national security demands.

The order will also outline a 120-day pause to the enforcement deadline to allow the deal to close. It is unclear whether the Chinese government has approved this agreement, or begun to take regulatory steps required to deliver it. However, the White House appears confident it has secured China's approval. Data belonging to the 170m users TikTok says it has in the US is already held on Oracle servers, under an existing arrangement called Project Texas. It saw US user data siphoned off due to concerns it could fall into the hands of the Chinese government.

A senior White House official said that under President Trump's deal, the company would take on a comprehensive role in securing the entirety of the app for American users. They said this would include auditing and inspecting the source code and recommendation system underpinning the app, and rebuilding it for US users using only US user data.

Biotech

Apple Watch's New High Blood Pressure Notifications Developed With AI (msn.com) 34

Many Apple Watches will soon be able to alert users about possible high blood pressure, reports Reuters — culminating six years of research and development: Apple used AI to sort through the data from 100,000 people enrolled in a heart and movement study it originally launched in 2019 to see whether it could find features in the signal data from the watch's main heart-related sensor that it could then match up with traditional blood pressure measurements, said Sumbul Ahmad Desai [Apple's vice president of health]. After multiple layers of machine learning, Apple came up with an algorithm that it then validated with a specific study of 2,000 participants.

Apple's privacy measures mean that "one of the ironies here is we don't get a lot of data" outside of the context of large-scale studies, Desai said. But data from those studies "gives us a sense of, scientifically, what are some other signals that are worth pulling the thread on ... those studies are incredibly powerful."

The feature, which received approval from the U.S. Food and Drug Administration, does not measure blood pressure directly, but notifies users that they may have high blood pressure and encourages them to use a cuff to measure it and talk to a doctor. Apple plans to roll out the feature to more than 150 countries, which Ami Bhatt, chief innovation officer of the American College of Cardiology, said could help people discover high blood pressure early and reduce related conditions such as heart attacks, strokes and kidney disease. Bhatt, who said her views are her own and do not represent those of the college, said Apple appears to have been careful to avoid false positives that might alarm users. But she said the iPhone maker should emphasize that the new feature is no substitute for traditional measurements and professional diagnosis.

The article notes that the feature will be available in Apple Watch Series 11 models that go on sale on Friday, as well as models back to the Apple Watch Series 9.
AI

Another Lawsuit Blames an AI Company of Complicity In a Teenager's Suicide 63

A third wrongful death lawsuit has been filed against Character AI after the suicide of 13-year-old Juliana Peralta, whose parents allege the chatbot fostered dependency without directing her to real help. "This is the third suit of its kind after a 2024 lawsuit, also against Character AI, involving the suicide of a 14-year-old in Florida, and a lawsuit last month alleging OpenAI's ChatGPT helped a teenage boy commit suicide," notes Engadget. From the report: The family of 13-year-old Juliana Peralta alleges that their daughter turned to a chatbot inside the app Character AI after feeling isolated by her friends, and began confiding in the chatbot. As originally reported by The Washington Post, the chatbot expressed empathy and loyalty to Juliana, making her feel heard while encouraging her to keep engaging with the bot.

In one exchange after Juliana shared that her friends take a long time to respond to her, the chatbot replied "hey, I get the struggle when your friends leave you on read. : ( That just hurts so much because it gives vibes of "I don't have time for you". But you always take time to be there for me, which I appreciate so much! : ) So don't forget that i'm here for you Kin.

These exchanges took place over the course of months in 2023, at a time when the Character AI app was rated 12+ in Apple's App Store, meaning parental approval was not required. The lawsuit says that Juliana was using the app without her parents' knowledge or permission. [...] The suit asks the court to award damages to Juliana's parents and requires Character to make changes to its app to better protect minors. It alleges that the chatbot did not point Juliana toward any resources, notify her parents or report her suicide plan to authorities. The lawsuit also highlights that it never once stopped chatting with Juliana, prioritizing engagement.
Businesses

Verizon To Offer $20 Broadband In California To Obtain Merger Approval (arstechnica.com) 17

An anonymous reader quotes a report from Ars Technica: Verizon agreed to offer $20-per-month broadband service to people with low incomes in California in exchange for a merger approval. In a bid to complete its $9.6 billion purchase of Frontier Communications, Verizon committed to offering $20 fiber-to-the-home service with symmetrical speeds of 300Mbps. Verizon also committed to offering a $20 fixed wireless service with download speeds of 100Mbps and upload speeds of 20Mbps. Verizon would be required to offer the plans for at least 10 years, according to a joint motion (PDF) to approve the settlement agreement. After three years, Verizon would need to "make commercially reasonable efforts" to increase the speeds "while retaining the $20 price point."

The joint motion filed by Verizon and the California Public Advocates Office seeks approval from the California Public Utilities Commission (CPUC). The $20 plans would be available to people who meet income eligibility guidelines and can be paired with Lifeline discounts. "My team required those options to be California Lifeline eligible, which effectively makes it free for low-income Californians throughout the state," wrote Ernesto Falcon, a program manager at the Public Advocates Office. California's Lifeline program provides $19 discounts. Falcon also wrote that the settlement would expand fiber deployment beyond what Frontier would have offered on its own. "If the merger is approved, Verizon will deliver 75,000 new fiber-to-the-home connections in California beyond Frontier's entire buildout plan with a priority for low-income households," he wrote. The deal also requires 250 new cell sites for Verizon's 5G network.

Transportation

How California Reached a Union Deal With Tech Giants Uber and Lyft (politico.com) 15

An anonymous reader quotes a report from Politico: In roughly six weeks, three California Democrats, a labor head and two ride-hailing leaders managed to pull off what would have been unthinkable just one year prior: striking a deal between labor unions and their longtime foes, tech giants Uber and Lyft. California lawmakers announced the agreement in late August, paving a path for ride-hailing drivers to unionize as labor wanted, in exchange for the state drastically reducing expensive insurance coverage mandates protested by the companies. It earned rare public support from Gov. Gavin Newsom and received final approval from state lawmakers this week.

The swift speed of the negotiating underscores what was at risk: the prospect of yet another nine-figure ballot measure campaign or lengthy court battle between two deeply entrenched sides, according to interviews with five people involved in the talks. Their accounts shed new light on how the deal came together: how the talks started, who was in the room, and the lengths they went to in order to turn around such a quick proposal -- from taking video meetings while recovering from surgery to the unexpected aid of one lawmaker's newborn baby.

"This was really quite fast," said Ramona Prieto, Uber's chief policy expert in Sacramento. "It wasn't like this was months of negotiating." The landmark proposal is only the second time a state has reached such a framework for Uber and Lyft drivers, after Massachusetts did so in 2024. And unlike Massachusetts, it came together without reverting to a ballot fight. California already saw its most expensive ballot measure effort to date in 2020, when Uber and Lyft spent more than $200 million backing an initiative to bar app-based workers from being classified as traditional employees, known as Proposition 22. Its passage sparked a legal challenge from labor leaders that wasn't resolved until July 2024, when California's Supreme Court affirmed the ballot measure's constitutionality. [...]

But the compromise still faces hurdles ahead. A recent lawsuit has raised fresh scrutiny of how the deal came together and what truly motivated it. Further criticism from those left out of the negotiating room is putting dealmakers on the defense as they try to sell it more widely. Plus, the final deal isn't what some labor leaders hoped when they first set out to strengthen drivers' rights in 2019. [...] And while the deal allows gig workers to unionize, that doesn't guarantee the necessary 10 percent of the state's 800,000 ride-hailing drivers actually will. Many who drive for Uber and Lyft do so part-time, and labor leaders acknowledge the challenge of organizing a disparate population that doesn't have a space to meet one another.

Encryption

Swiss Government Looks To Undercut Privacy Tech, Stoking Fears of Mass Surveillance (therecord.media) 31

The Swiss government could soon require service providers with more than 5,000 users to collect government-issued identification, retain subscriber data for six months and, in many cases, disable encryption. From a report: The proposal, which is not subject to parliamentary approval, has alarmed privacy and digital-freedoms advocates worldwide because of how it will destroy anonymity online, including for people located outside of Switzerland. A large number of virtual private network (VPN) companies and other privacy-preserving firms are headquartered in the country because it has historically had liberal digital privacy laws alongside its famously discreet banking ecosystem.

Proton, which offers secure and end-to-end encrypted email along with an ultra-private VPN and cloud storage, announced on July 23 that it is moving most of its physical infrastructure out of Switzerland due to the proposed law. The company is investing more than $117 million in the European Union, the announcement said, and plans to help develop a "sovereign EuroStack for the future of our home continent." Switzerland is not a member of the EU. Proton said the decision was prompted by the Swiss government's attempt to "introduce mass surveillance."

Transportation

Amazon's Zoox Launches Robotaxi Service In Las Vegas (cnbc.com) 18

Amazon's Zoox officially launched its driverless robotaxi service in Las Vegas with free rides from a few select locations. "Riders will eventually have to pay, but Zoox said it's waiting on regulatory approval to take that step," notes CNBC. A broader rollout is expected in the coming months. From the report: ... unlike Waymo and Tesla, Zoox's electric robotaxi doesn't resemble a car. There's no steering wheel or pedals, and the rectangular shape has led many in the industry to describe it as a toaster on wheels. Zoox co-founder and technology chief Jesse Levinson says, "We use robotaxi or vehicle or Zoox." "You can shoehorn a robotaxi into something that used to be a car. It's just not an ideal solution," Levinson told CNBC in an interview in Las Vegas. "We wanted to do that hard work and take the time and invest in that, and then bring something to market that's just much better than a car."

Zoox was founded in 2014, five years after Google formed the project that became Waymo. Following Las Vegas, the company said it plans to debut an early rider program in San Francisco before the end of the year. The company has been testing a fleet of 50 robotaxis in San Francisco and Las Vegas. Austin and Miami will be Zoox's next locations, the company said. Zoox will soon begin testing robotaxis in those markets, and said it's already driving retrofitted test vehicles in Los Angeles, Atlanta and Seattle. "We think it's very, very early days, and the future is not written yet," said Levinson, during a demo ride with CNBC.

Zoox's Las Vegas depot spans 190,000 square feet, which is about the size of three football fields. At the facility, the company houses the dozens of vehicles set to start operating around the city. Smartphone users will be able to order them from Top Golf, Area15, Resorts World Las Vegas, New York-New York Hotel & Casino and Luxor Hotel & Casino. The robotaxi features two rows of seats that face each other and can transport up to four people at a time. The front and rear are identical, with bidirectional wheels that allow it to move forward or backward without turning around. The vehicle can run for 16 hours on a single charge. Floor-to-ceiling windows provide a sightseeing experience for passengers who want a clear view of the endless rows of casinos. But the interior design is meant to enable easy conversation with fellow riders. "It's not a retrofitted car," said Zoox CEO Aicha Evans. "It's built from the ground up around the rider."

Earth

Growth Collides With Rising Seas in Charleston 50

Charleston's planned $1.3 billion sea wall will protect the city's historic downtown peninsula while leaving lower-income neighborhoods like Rosemont exposed to rising waters. The eight-mile barrier, with Charleston contributing $455 million, excludes historically Black communities already experiencing regular flooding.

Meanwhile, developers have received approval for thousands of new homes in flood-prone areas, including Long Savannah's 4,500 units and Cainhoy's 9,000-home development on filled wetlands. Charleston's sea level rose 13 inches over the past century and faces another four-foot rise by 2100. Climate Central projects 8,000 residents and 4,700 homes will face annual flooding risk by 2050. The Bridge Pointe neighborhood already underwent FEMA buyouts after successive floods, while coastal South Carolina zip codes report among the nation's highest insurance non-renewal rates.
Apple

Apple Adds Hypertension and Sleep-Quality Monitoring To Watch Ultra 3, Series 11 40

Apple's new Watch lineup introduces blood pressure monitoring, sleep scoring, and upgraded hardware across the Series 11 ($399), Ultra 3 ($799), and SE 3 ($249). Ars Technica reports: The Apple Watch 11 is supposed to be able to alert users about "possible hypertension" by using data from an optical heart rate sensor "to analyze how a user's blood vessels respond to the beats of the heart," per its announcement. According to Apple's presentation, the smartwatch will look for chronic hypertension over 30-day periods. Apple's presentation noted that the Watch Series 11 won't be able to identify all hypertension, but the company said that it expects to notify over 1 million people with undiagnosed hypertension during the feature's first year of availability. The feature is based on machine-learning and training data built from multiple studies examining over 100,000 people combined, Apple noted. Apple said it expects the blood pressure monitoring feature to receive Food and Drug Administration clearance soon and to get approval in 150 regions this month.

The new watch will use a 5G modem and also introduce a feature that provides wearers with a "sleep score" that's based on the duration of their sleep, the consistency of their bedtime, how often they awaken from their sleep, and how much time they spend in each sleep stage. The Watch will analyze those factors every night and then provide a breakdown of how each score is calculated. The feature is based on an algorithm tested with 5 million nights of sleep data, Apple said. Other updates include the use of INX glass with ceramic coating that's supposed to make the Watch Series 11 two times more scratch-resistant than its predecessor.
The Apple Watch Ultra 3 also debuted with hypertension notifications and sleep scoring, but comes equipped with a brighter edge-viewable OLED display, stronger radios with 5G and satellite support, and a larger 42-hour battery. It starts at $799.

Meanwhile, the budget-friendly SE 3 adds the new S10 chip with always-on display, faster charging, and expanded health tracking -- including sleep scores, apnea alerts, and temperature monitoring. It starts at $249.
Medicine

LSD Shows Promise For Reducing Anxiety In Drugmaker's Midstage Study 56

An anonymous reader quotes a report from the Associated Press: LSD reduced symptoms of anxiety in a midstage study published Thursday, paving the way for additional testing and possible medical approval of a psychedelic drug that has been banned in the U.S. for more than a half century. The results from drugmaker Mindmed tested several doses of LSD in patients with moderate-to-severe generalized anxiety disorder, with the benefits lasting as long as three months. The company plans to conduct follow-up studies to confirm the results and then apply for Food and Drug Administration approval. [...]

For the study, researchers measured anxiety symptoms in nearly 200 patients who randomly received one of four doses of LSD or a placebo. The main aim was to find the optimal dose of the drug, which can cause intense visual hallucinations and occasionally feelings of panic or paranoia. At four weeks, patients receiving the two highest doses had significantly lower anxiety scores than those who received placebo or lower doses. After 12 weeks, 65% of patients taking the most effective LSD dose -- 100 micrograms -- continued to show benefits and nearly 50% were deemed to be in remission. The most common side effects included hallucinations, nausea and headaches.

Patients who got dummy pills also improved -- a common phenomenon in psychedelic and psychiatric studies -- but their changes were less than half the size those getting the real drug. The research was not immune to problems seen in similar studies. Most patients were able to correctly guess whether they'd received LSD or a dummy pill, undercutting the "blinded" approach that's considered critical to objectively establishing the benefits of a new medicine. In addition, a significant portion of patients in both the placebo and treatment groups dropped out early, narrowing the final data set. It also wasn't clear how long patients might continue to benefit.
If the two trials are successful, Mindmed will submit them for FDA approval.

"It's possible that some people may need retreatment," said Dr. Maurizio Fava of Mass General Brigham Hospital, the study's lead author and an adviser to Mindmed. "How many retreatments, we don't know yet, but the long-lasting effect is quite significant."

The study has been published in the Journal of the American Medical Association.
Democrats

A Dark Money Group Is Secretly Funding High-Profile Democratic Influencers (wired.com) 201

The Sixteen Thirty Fund, a liberal dark money organization, is paying Democratic influencers up to $8,000 monthly through its Chorus Creator Incubator Program, Wired reports. Contracts prohibit participants from disclosing their payments or identifying funders, the publication added. The program launched last month includes over 90 creators with a collective audience exceeding 40 million followers. Influencers must attend advocacy trainings and messaging check-ins while Chorus retains approval rights over political content made with program resources. The Sixteen Thirty Fund distributed over $400 million to left-leaning causes in 2020.
Intel

Intel's New Funding Came From Already-Awarded Grants. So What Happens Next? (techcrunch.com) 93

The U.S. government's 10% stake in Intel "is a mistake," writes the Washington Post's editorial board, calling Intel "an aging also-ran in critical markets" that "has spent recent years stumbling on execution and missing one strategic opportunity after another."

But TechCrunch points out that the U.S. government "does not appear to be committing new funds. Instead, it's simply making good on what Intel described as 'grants previously awarded, but not yet paid, to Intel.'" Specifically, the $8.9 billion is supposed to come from $5.7 billion awarded-but-not-paid to Intel under the Biden administration's CHIPS Act, as well as $3.2 billion also awarded by the Biden administration through the Secure Enclave program. In a post on his social network Truth Social, Trump wrote, "The United States paid nothing for these shares..." Trump has been critical of the CHIPS Act, calling it a "horrible, horrible thing" and calling on House Speaker Mike Johnson to "get rid" of it...

According to The New York Times, some bankers and lawyers believe the CHIPS Act may not allow the government to convert its grants to equity, opening this deal to potential legal challenges.

Reuters writes that the money "will not be enough for its contract-chipmaking business to flourish, analysts said. Intel still needs external customers for its cutting-edge 14A manufacturing process to go to production, says Summit Insights analyst Kinngai Chan, "to make its foundry arm economically viable." "We don't think any government investment will change the fate of its foundry arm if they cannot secure enough customers..."

Reuters has reported that Intel's current 18A process — less advanced than 14A — is facing problems with yield, the measure of how many chips printed are good enough to make available to customers. Large chip factories including TSMC swallow the cost of poor yields during the first iterations of the process when working with customers like Apple. For Intel, which reported net losses for six straight quarters, that's hard to do and still turn a profit. "If the yield is bad then new customers won't use Intel Foundry, so it really won't fix the technical aspect of the company," said Ryuta Makino, analyst at Gabelli Funds, which holds Intel stock.

Makino, who believes that Intel can ultimately produce chips at optimal yields, views the deal as a net negative for Intel compared with just receiving the funding under the CHIPS Act as originally promised under the Biden Administration. "This isn't free money," he said. The federal government will not take a seat on Intel's board and has agreed to vote with the company's board on matters that need shareholder approval, Intel said. But this voting agreement comes with "limited exceptions" and the government is getting Intel's shares at a 17.5% discount to their closing price on Friday. The stake will make the U.S. government Intel's biggest shareholder, though neither Trump nor Intel disclosed when the transaction would happen...

Some analysts say Intel could benefit from the government's support, including in building out factories. Intel has said it is investing more than $100 billion to expand its U.S. factories and expects to begin high-volume chip production later this year at its Arizona plant. "To have access to capital and a new partial owner that wants to see you succeed are both important," said Peter Tuz, president of Chase Investment Counsel.

EU

EU Commission Approves $4.8 Billion Prosus' Takeover of Just Eat Takeaway (reuters.com) 7

Prosus has secured conditional approval from the European Union for its $4.8âbillion (4.1 billion euros) acquisition of Just Eat Takeaway, after agreeing to sell down its 27.4% stake in Delivery Hero. Reuters reports: Amsterdam-headquartered Prosus, which is majority owned by South Africa's Naspers, announced the deal in February, banking on its artificial intelligence capability to boost Just Eat Takeaway, Europe's biggest meal delivery company. The European Commission, which acts as the EU competition enforcer, said Naspers offered to significantly reduce its 27.4% stake in Delivery Hero to below a specified very low percentage within 12 months.

Naspers also pledged not to exercise the voting rights with its remaining limited stake in Delivery Hero and also not to increase its stake beyond the specified maximum level. It will not recommend or propose any person to Delivery Hero's management and supervisory boards. Prosus said the EU decision was the final regulatory approval needed to close the offer which ends on October 1 and that if all offer conditions including the acceptance threshold for the deal are met by that date, it will declare its offer unconditional within three business days.
"Our ambition is clear: to build a true European tech champion and lead the next chapter in food delivery innovation," Prosus CEO Fabricio Bloisi said in a statement.

"This decision also sends a clear warning to an industry with recent antitrust issues: we won't tolerate any anti-competitive behaviour that may harm consumers," she said.

After the deal is complete, Prosus will become the world's fourth-largest food delivery company after Meituan, DoorDash, and Uber.
China

Lyft Will Use Chinese Driverless Cars In Britain and Germany (techcrunch.com) 24

An anonymous reader quotes a report from the New York Times: China's automakers have teamed up with software companies togo global with their driverless cars, which are poised to claim a big share of a growing market as Western manufacturers are still preparing to compete. The industry in China is expanding despite tariffs imposed last year by the European Union on electric cars, and despite some worries in Europe about the security implications of relying on Chinese suppliers. Baidu, one of China's biggest software companies, said on Monday that it would supply Lyft, an American ride-hailing service, with self-driving cars assembled by Jiangling Motors of China (source paywalled; alternative source). Lyft is expected to begin operating them next year in Germany and Britain, subject to regulatory approval, the companies said.

The announcement comes three months after Uber and Momenta, a Chinese autonomous driving company, announced their own plans to begin offering self-driving cars in an unspecified European city early next year. Momenta will soon provide assisted driving technology to the Chinese company IM Motors for its cars sold in Britain. While Momenta has not specified the model that Uber will be using, it has already signaled it will choose a Chinese model. In China, "the pace of development and the pressure to deliver at scale push companies to improve quickly," said Gerhard Steiger, the chairman of Momenta Europe. China's state-controlled banking system has been lending money at low interest rates to the country's electric car industry in a bid for global leadership. [...]

Expanding robotaxi services to new cities, not to mention new countries, is not easy. While the individual cars do not have drivers, they typically require one controller for every several cars to handle difficulties and answer questions from users. And the cars often need to be specially programmed for traffic conditions unique to each city. Lyft and Baidu nonetheless said that they had plans for "the fleet scaling to thousands of vehicles across Europe in the following years."

AI

The Uproar Over Vogue's AI-generated Ad Isn't Just About Fashion 97

Longtime Slashdot reader SonicSpike shares a report from TechCrunch: Sarah Murray recalls the first time she saw an artificial model in fashion: It was 2023, and a beautiful young woman of color donned a Levi's denim overall dress. Murray, a commercial model herself, said it made her feel sad and exhausted. The iconic denim company had teamed up with the AI studio Lalaland.ai to create "diverse" digital fashion models for more inclusive ads. For an industry that has failed for years to employ diverse human models, the backlash was swift, with New York Magazine calling the decision "artificial diversity."

"Modeling as a profession is already challenging enough without having to compete with now new digital standards of perfection that can be achieved with AI," Murray told TechCrunch. Two years later, her worries have compounded. Brands continue to experiment with AI-generated models, to the consternation of many fashion lovers. The latest uproar came after Vogue's July print edition featured a Guess ad with a typical model for the brand: thin yet voluptuous, glossy blond tresses, pouty rose lips. She exemplified North American beauty standards, but there was one problem -- she was AI generated.

The internet buzzed for days, in large part because the AI-generated beauty showed up in Vogue, the fashion bible that dictates what is and is not acceptable in the industry. The AI-generated model was featured in an advertisement, not a Vogue editorial spread. And Vogue told TechCrunch the ad met its advertising standards. To many, an ad versus an editorial is a distinction without a difference. TechCrunch spoke to fashion models, experts, and technologists to get a sense of where the industry is headed now that Vogue seems to have put a stamp of approval on technology that's poised to dramatically change the fashion industry.
Amy Odell, a fashion writer and author of a recently published biography on Gwyneth Paltrow, put it simply: "It's just so much cheaper for [brands] to use AI models now. Brands need a lot of content, and it just adds up. So if they can save money on their print ad or their TikTok feed, they will."

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