The new year was supposed to bring opportunities for beaten-down software stocks. Instead, the group is off to its worst start in years. From a report: The release of a new artificial intelligence tool from startup Anthropic on Jan. 12 rekindled fears about disruption that weighed on software makers in 2025.

TurboTax owner Intuit tumbled 16% last week, its worst since 2022, while Adobe and Salesforce, which makes customer relationship management software, both sank more than 11%. All told, a group of software-as-a-service stocks tracked by Morgan Stanley is down 15% so far this year, following a drop of 11% in 2025. It's the worst start to a year since 2022, according to data compiled by Bloomberg.

While unproven, the tool represents just the type of capabilities that investors have been fearing, and reinforces bearish positions that are looking increasingly entrenched, according to Jordan Klein, a tech-sector specialist at Mizuho Securities. "Many buysiders see no reasons to own software no matter how cheap or beaten down the stocks get," Klein wrote in a Jan. 14 note to clients. "They assume zero catalysts for a re-rate exist right now," he said, referring to the potential for higher valuation multiples.

The "surprisingly resilient" global economy is at risk of being disrupted by a sharp reversal in the AI boom, the IMF warned on Monday, as world leaders prepared for talks in the Swiss resort of Davos. From a report: Risks to global economic expansion were "tilted to the downside," the fund said in an update to its World Economic Outlook, arguing that growth was reliant on a narrow range of drivers, notably the US technology sector and the associated equity boom.

Nonetheless, it predicted US growth would strongly outpace the rest of the G7 this year, forecasting an expansion of 2.4 per cent in 2026 and 2 per cent in 2027. Tech investment had surged to its highest share of US economic output since 2001, helping drive growth, the IMF found.

"There is a risk of a correction, a market correction, if expectations about AI gains in productivity and profitability are not realised," said Pierre-Olivier Gourinchas, IMF chief economist. "We're not yet at the levels of market frothiness, if you want, that we saw in the dotcom period," he added. "But nevertheless there are reasons to be somewhat concerned."

An anonymous reader quotes a report from Network World: The global technology sector eliminated some 244,851 jobs in 2025, according to a report from RationalFX. The U.K.-based financial services company says the worldwide downsizing reflects how companies in 2025 restructured their operations to focus on efficiency, profitability, and AI-driven productivity. The RationalFX analysis, which examined layoffs reported by TrueUp, TechCrunch, and multiple state WARN databases, points to economic uncertainty, elevated interest rates, and accelerating AI and automation adoption as reasons that 2025 marked "another year of sustained downsizing following the post-pandemic correction that began in 2022."

Companies indicated that AI and automation were among the most frequently cited drivers for layoffs in 2025. Some companies retrained employees when faced with the technology; many replaced roles entirely, RationalFX reports. "Tech sector layoffs in 2025 displaced hundreds of thousands of workers worldwide as companies accelerated structural resets rather than short-term cost corrections," said Alan Cohen, analyst at RationalFX, in a statement. "While macroeconomic pressures such as high interest rates, trade restrictions, and geopolitical uncertainty continued to weigh on business confidence, the dominant force behind last year's job cuts was the rapid adoption of automation and artificial intelligence."

The analysis also uncovered that U.S.-headquartered technology companies were responsible for the majority of job losses, accounting for approximately 69.7% of all global tech layoffs. This resulted in more than 170,000 employees being cut across both domestic and offshore operations from U.S. tech companies. California spearheaded layoffs in the U.S. tech sector this year, with 73,499 job cuts accounting for roughly 43.08% of all tech layoffs in the country, according to the RationalFX report. The report also points out that Washington has seen 42,221 tech jobs cut since the start of the year, accounting for 24.74% of all U.S. tech layoffs. Intel contributed the single largest number of layoffs last year, reducing its headcount from 109,000 people at the end of 2024 to around 75,000 by the end of 2025. Other major U.S. tech companies with large-scale layoffs last year include Amazon (more than 20,000 jobs cut), Microsoft (approximately 19,215 layoffs), Verizon (15,000 employees), Accenture (11,000 employees), IBM (9,000 job cuts), and HP (6,000 roles).

An anonymous reader quotes a report from CBC.ca: A company largely owned by the French and U.K. governments is pitching Canada on a roughly $250-million plan to provide the military with secure satellite broadband coverage in the Arctic, CBC News has learned. Eutelsat, a rival to tech billionaire Elon Musk's Starlink, already provides some services to the Canadian military, but wants to deepen the partnership as Canada looks to diversify defence contracts away from suppliers in the United States.

A proposal for Canada's Department of National Defence to join a French Ministry of Defence initiative involving Eutelsat was apparently raised by French President Emmanuel Macron with Prime Minister Mark Carney on the sidelines of last year's G7 summit in Alberta. The prime minister's first question, according to Eutelsat and French defence officials, was how the proposal would affect the Telesat Corporation, a former Canadian Crown corporation that was privatized in the 1990s.

Telesat is in the process of developing its Lightspeed system, a Low Earth Orbit (LEO) constellation of satellites for high-speed broadband. And in mid-December, the Liberal government announced it had established a strategic partnership with Telesat and MDA Space to develop the Canadian Armed Forces' military satellite communications (MILSATCOM) capabilities. A Eutelsat official said the company already has its own satellite network in place and running, along with Canadian partners, and has been providing support to the Canadian military deployed in Latvia. "What we can provide for Canada is what we call a sovereign capacity capability where Canada would actually own all of our capacity in the Far North or wherever they require it," said David van Dyke, the general manager for Canada at Eutelsat.

"We also give them the ability to not be under the control of a singular individual who could decide to disconnect the service for political or other reasons."

sinij shares a news release from the Utah Department of Commerce: The state of Utah, through the Utah Department of Commerce's Office of Artificial Intelligence Policy, today announced a first-of-its-kind partnership with Doctronic, the AI-native health platform, to give patients with chronic conditions a faster, automated way to renew medications. This agreement marks the first state-approved program in the country that allows an AI system to legally participate in medical decision-making for prescription renewals, an emerging model that could reshape access to care and ultimately improve care outcomes. Politico provides additional context in its reporting: In data shared with Utah regulators, Doctronic compared its AI system with human clinicians across 500 urgent care cases. The results showed the AI's treatment plan matched the physicians' 99.2 percent of the time, according to the company. "The AI is actually better than doctors at doing this," said Dr. Adam Oskowitz, Doctronic co-founder and an associate professor of surgery at the University of California San Francisco. "When you go see a doctor, it's not going to do all the checks that the AI is doing."

Oskowitz said the AI is designed to err on the side of safety, automatically escalating cases to a physician if there's any uncertainty. Human doctors will also review the first 250 prescriptions issued in each medication class to validate the AI's performance. Once that threshold is met, subsequent renewals in that class will be handled autonomously. The company has also secured a one-of-a-kind malpractice insurance policy covering an AI system, which means the system is insured and held to the same level of responsibility as a doctor would be.

Doctronic also runs a nationwide telehealth practice that directs patients to doctors after an AI consultation. In Utah, patients who use the system will visit a webpage that verifies they are physically in the state. Then the system will pull the patient's prescription history and offer a list of medications eligible for renewal. The AI walks the patient through the same clinical questions a physician would ask to determine whether a refill is appropriate. If the system clears the renewal, the prescription is sent directly to a pharmacy. The program is limited to 190 commonly prescribed medications. Some medications -- including pain management and ADHD drugs as well as injectables -- are excluded for safety reasons.

A viral Reddit "whistleblower" post accusing a major food delivery app of systemic exploitation is "most likely AI-generated," reports the Verge. From the report: The original post by user Trowaway_whistleblow alleged that an unnamed food delivery company regularly delays customer orders, calls couriers "human assets," and exploits their "desperation" for cash, among other indefensible actions. Nearly 90,000 upvotes and four days later, it's become increasingly clear that the post's text is probably AI-generated. Considering the delivery app industry track record of exploitation of its drivers, it's easy to see why so many people believed this was the real thing.

The Verge put the original 586-word Reddit post through several free online AI detectors, in addition to Gemini, ChatGPT, and Claude. The results were mixed: Copyleaks, GPTZero, Pangram, Gemini, and Claude all pegged it as likely AI-generated, but ZeroGPT and QuillBot both reported it as human-written. ChatGPT played it down the middle. Reached by The Verge on Signal, Trowaway_whistleblow provided an image of an Uber Eats employee badge. That image was generated or edited with Google AI, according to Gemini. The image shows an Uber Eats logo above two black boxes, presumably covering an employee name and photo, and the words "senior software engineer." It's odd that an engineer's badge would have the Uber Eats logo, and not the Uber logo, according to Gemini. That, in addition to slightly misaligned words and warped coloration at the edge of the green border, are reasons Gemini thinks it's inauthentic. (Uber later confirmed that Uber Eats-branded employee badges do not exist.) "Not only are the claims fake, but they're also dead wrong," Uber spokesperson Noah Edwardsen told The Verge. Uber Eats' Andrew Macdonald wrote on X, "This post is definitively not about us. I suspect it is completely made up. Don't trust everything you read on the internet."

DoorDash CEO Tony Xu also denied the redditor's "appalling" allegations. "This is not DoorDash, and I would fire anyone who promoted or tolerated the kind of culture described in this Reddit post," Xu said in a post on X.

North Dakota passed a law last May to promote development of rare earth minerals in the state. But the law's language apparently also includes two fake mineral names, according to the Bismarck Tribune, "that appear to be inspired by coal company lawyers who worked on the bill." The inclusion of fictional substances is being called an embarrassment by one state official, a possible practical joke by coal industry leaders and mystifying by the lawmakers who worked on the bill, the North Dakota Monitor reported.

The fake minerals are friezium and stralium, apparent references to Christopher Friez and David Straley, attorneys for North American Coal who were closely involved in drafting the bill and its amendments. Straley said they were not responsible for adding the fake names. "I assume it was put in to embarrass us, or to make light of it, or have a practical joke," Straley said, adding it could have been a clerical error.

Agriculture Commissioner Doug Goehring questioned the two substances listed in state law during a recent meeting of the North Dakota Industrial Commission, which is poised to adopt rules based on the legislation... Friezium and stralium first appeared in the bill on the last afternoon of the legislative session as lawmakers hurried to pass several final bills... The amended bill is labeled as prepared by Legislative Council for Rep. Dick Anderson, R-Willow City, the prime sponsor and chair of the conference committee. Anderson said the amendments were prepared by a group of attorneys and legislators, including representatives from the coal industry...

Jonathan Fortner, president of the Lignite Energy Council that represents the coal industry, said it's unfortunate this happened in such an important bill. "From the president on down, everyone's interested in developing domestic critical minerals for national security reasons," Fortner said. "While this may have been a legislative joke between some people that somehow got through, the bigger picture is one that is important and is a very serious matter."

Goldman Sachs, in a note this week, via India Dispatch: There are various reasons that explains this: (i) A large part of the global education spend goes towards formal education (schools, colleges and universities), which are typically either run by governments or are not-for-profit institutions;

(ii) It is difficult to replicate education quality at scale in our view, since most teachers would have a different pedagogy, and thus standardization is harder to achieve vs that in other internet categories;

(iii) Education is fragmented - it includes various fields (schools, undergrad courses, medicine, engg, management, etc.), each with their own curriculum, and the same being vastly different across countries globally; this makes scalability difficult beyond a few certain specializations and regions.

Additionally, we believe the ability for online education to capture a sizable value share of supplemental education is limited since the perceived value of offline, including that from community, in-person engagement and doubt solving, rigour, etc., is typically higher.

However, we note that before China's double reduction policy in 2021, TAL and EDU had market caps of up to US$50 bn; these companies were mostly domestic focused and on the K-12 tutoring segment, which has large volumes. Similarly in India, Byju's reached a peak valuation of US$20 bn+ (link; again, focused on K-12), before issues around governance etc. impacted the business.

theodp writes: We all mix pictures, emojis, and text freely in our communications. So why not in our code? That's the premise of "Fun With Python and Emoji: What Might Adding Pictures to Text Programming Languages Look Like?" (two-image Bluesky explainer; full slides), which takes a look at what mixing emoji with Python and SQL might look like. A GitHub repo includes a Google Colab-ready Python notebook proof of concept that does rudimentary emoji-to-text translation via an IPython input transformer.

So, in the Golden Age of AI -- some 60+ years after Kenneth Iverson introduced the chock-full-of-symbols APL -- are valid technical reasons still keeping symbols and pictures out of code, or is their absence more of a programming dogma thing?

"In the lead up to its Switch 2 console release, Nintendo updated its user agreement," writes the Free Software Foundation, warning that Nintendo now claims "broad authority to make consoles owned by its customers permanently unusable."

"Under Nintendo's most aggressive digital restrictions management (DRM) update to date, game console owners are now required to give Nintendo the unilateral right to revoke access to games, security updates, and the Internet, at its sole discretion." The new agreement states: "You acknowledge that if you fail to comply with [Nintendo's restrictions], Nintendo may render the Nintendo Account Services and/or the applicable Nintendo device permanently unusable in whole or in part...."

There are probably other reasons that Nintendo has and will justify bricking game consoles, but here are some that we have seen reported:

— "Tampering" with hardware or software in pretty much any way;
— Attempting to play a back-up game;
— Playing a "used" game; or
— Use of a third-party game or accessory...


Nintendo's promise to block a user from using their game console isn't just an empty threat: it has already been wielded against many users. For example, within a month of the Switch 2's release, one user unknowingly purchased an open-box return that had been bricked, and despite functional hardware, it was unusable for many games. In another case, a user installing updates for game cartridges purchased via a digital marketplace had their console disabled. Though it's unclear exactly why they were banned, it's possible that the cartridge's previous owner made a copy and an online DRM check determined that the current and previous owner's use were both "fraudulent." The user only had their console released through appealing to Nintendo directly and providing evidence of their purchase, a laborious process.

Nintendo's new console banning spree is just one instance of the threat that nonfree software and DRM pose to users. DRM is but one injustice posed by nonfree software, and the target of the FSF's Defective by Design campaign. Like with all software, users ought to be able to freely copy, study, and modify the programs running on their devices. Proprietary software developers actively oppose and antagonize their users. In the case of Nintendo, this means punishing legitimate users and burdening them with proving that their use is "acceptable." Console users shouldn't have to tread so carefully with a console that they own, and should they misstep, beg Nintendo to allow them to use their consoles again.

CNN's prediction for 2026? "Any device that uses memory, from phones to tablets and smartwatches, could get pricier." But will it be a little or a lot?

The article cites an analysis from multinational strategy/management consulting firm McKinsey & Company which found America's data center demand could continue growing by 20 to 25 percent per year" through 2030. "That's prompted memory manufacturers like Micron and Samsung to shift their focus to data centers, which use a different type of memory, meaning fewer resources for consumer products. (Jaejune Kim, executive VP for memory at Samsung, said in October that their third quarter saw strong demand for memory for AI and data centers, and that they expected the supply shortage for mobile and PC memory to "intensify further.") Memory prices are rising for consumer products because major manufacturers are instead ramping up production for AI data centers as artificial intelligence companies boom. "It's pretty much brutal and crunched across the board," said Yang Wang, a senior analyst at Counterpoint Research.

The International Data Corporation, a global market research firm, reported earlier this week that the smartphone market is expected to decline by 0.9% in 2026 in part because of memory shortages. Memory prices are expected to surge by 30% in the fourth quarter of 2025 and may climb an additional 20% early next year, Counterpoint Research said last month... TrendForce, a research firm that follows the semiconductor industry, estimates memory price hikes have made smartphones 8% to 10% more expensive to produce in 2025 (higher production costs don't always translate into higher consumer prices for a variety of reasons).

Some smartphones could cost more as soon as early next year, said Nabila Popal, a senior research director for the International Data Corporation. Cheap Android phones may see the biggest impact, since less expensive products usually have thinner margins. "It's going to be almost impossible for them to not raise prices" of cheaper Android phones, said Popal. Companies may also postpone phone launches to focus on expensive models that may be more profitable. The average selling price for smartphones is expected to climb to $465 in 2026, compared to $457 in 2025, according to Popal, putting the smartphone market at a record high value of $578.9 billion.

But the pendulum is expected to swing back in the other direction late next year as the supply chain adjusts, according to Popal and Wang, potentially bringing prices back down or at least capping increases.

"By my count, Linux has over 11% of the desktop market," writes ZDNet's Steven Vaughan-Nichols: In StatCounter's latest US numbers, which cover through October, Linux shows up as only 3.49%. But if you look closer, "unknown" accounts for 4.21%. Allow me to make an educated guess here: I suspect those unknown desktops are actually running Linux. What else could it be? FreeBSD? Unix? OS/2? Unlikely. In addition, ChromeOS comes in at 3.67%, which strikes me as much too low. Leaving that aside, ChromeOS is a Linux variant. It just uses the Chrome web browser for its interface rather than KDE Plasma, Cinnamon, or another Linux desktop environment. Put all these together, and you get a Linux desktop market share of 11.37%...

If you want to look at the broader world of end-user operating systems, including phones and tablets, Linux comes out even better. In the US, where we love our Apple iPhones, Android — yes, another Linux distro — boasts 41.71% of the market share, according to StatCounter's latest numbers. Globally, however, Android rules with 72.55% of the market. Yes, that's right, if you widen the Linux end-user operating system metric to include PC, tablets, and smartphones, you can make a reasonable argument that Linux, and not Windows, is already the top dog operating system...

If you add Chrome OS (1.7%) and Android (15.8%), 23.3% of all people accessing the U.S. government's websites are Linux users. The Linux kernel's user-facing footprint is much larger than the "desktop Linux" label suggests.
The article lists reasons more people might be switching to Linux, including broader hardware support and "the increased viability of gaming via Steam and Proton" — but also the rise of Digital Sovereignty initiatives. (One EU group has even created EU OS.")

And finally, "not everyone is thrilled with Windows 11 being turned into an AI-agentic operating system."

Residential utility bills in America "rose 6% on average nationwide in August compared with the same period in the previous year," reports CNBC, citing statistics from the U.S. Energy Information Administration: The reasons for price increases are often complex and vary by region. But in at least three states with high concentrations of data centers, electric bills climbed much faster than the national average during that period. Prices, for example, surged by 13% in Virginia, 16% in Illinois and 12% in Ohio.

The tech companies and AI labs are building data centers that consume a gigawatt or more of electricity in some cases, equivalent to more than 800,000 homes, the size of a city essentially... "The techlash is real," said Abraham Silverman, who served as general counsel for New Jersey's public utility board from 2019 until 2023 under outgoing Democratic Gov. Phil Murphy. "Data centers aren't always great neighbors," said Silverman, now a researcher at Johns Hopkins University. "They tend to be loud, they can be dirty and there's a number of communities, particularly in places with really high concentrations of data centers, that just don't want more data centers..." [C]apacity prices get passed down to consumers in their utility bills, Silverman said. The data center load in PJM [America's largest grid, serving 13 states] is also impacting prices in states that are not industry leaders such as New Jersey, where prices jumped about 20% year over year...

There are other reasons for rising electricity prices, Silverman said. The aging electric grid needs upgrades at a time of broad inflation and the cost of building new transmission lines has gone up by double digits, he said. The utilities also point to rising demand from the expansion of domestic manufacturing and the broader electrification of the economy, such as electric vehicles and the adoption of electric heat pumps in some regions...

In other states, however, the relationship between rising electricity prices and data centers is less clear. Texas, for example, is second only to Virginia with more than 400 data centers. But prices in the Lone Star state increased about 4% year over year in August, lower than the national average. Texas operates its own grid, ERCOT, with a relatively fast process that can connect new electric supply to the grid in around three years, according to a February 2024 report from the Brattle Group. California, meanwhile, has the third most data centers in the nation and the second highest residential electricity prices, nearly 80% above the national average. But prices in the Golden State increased about 1% in August 2024 over the prior year period, far below the average hike nationwide. One of the reasons California's electricity rates are so much higher than most of the country is the costs associated with preventing wildfires.

The literary magazine of the Phi Beta Kappa society argues "the replacement of human readers by AI has lately become a real possibility.

"In fact, there are good reasons to think that we will soon inhabit a world in which humans still write, but do so mostly for AI." "I write about artificial intelligence a lot, and lately I have begun to think of myself as writing for Al as well," the influential economist Tyler Cowen announced in a column for Bloomberg at the beginning of the year. He does this, he says, because he wants to boost his influence over the world, because he wants to help teach the AIs about things he cares about, and because, whether he wants to or not, he's already writing for AI, and so is everybody else. Large-language-model (LLM) chatbots such as ChatGPT and Claude are trained, in part, by reading the entire internet, so if you put anything of yourself online, even basic social-media posts that are public, you're writing for them.

If you don't recognize this fact and embrace it, your work might get left behind or lost. For 25 years, search engines knit the web together. Anyone who wanted to know something went to Google, asked a question, clicked through some of the pages, weighed the information, and came to an answer. Now, the chatbot genie does that for you, spitting the answer out in a few neat paragraphs, which means that those who want to affect the world needn't care much about high Google results anymore. What they really want is for the AI to read their work, process it, and weigh it highly in what it says to the millions of humans who ask it questions every minute.

How do you get it to do this? For that, we turn to PR people, always in search of influence, who are developing a form of writing (press releases and influence campaigns are writing) that's not so much search-engine-optimized as chatbot-optimized. It's important, they say, to write with clear structure, to announce your intentions, and especially to include as many formatted sections and headings as you can. In other words, to get ChatGPT to pay attention, you must write more like ChatGPT. It's also possible that, since LLMs understand natural language in a way traditional computer programs don't, good writing will be more privileged than the clickbait Google has succumbed to: One refreshing discovery PR experts have made is that the bots tend to prioritize information from high-quality outlets.
Tyler Cowen also wrote in his Bloomberg column that "If you wish to achieve some kind of intellectual immortality, writing for the Als is probably your best chance.... Give the Als a sense not just of how you think, but how you feel — what upsets you, what you really treasure. Then future Al versions of you will come to life that much more, attracting more interest." Has AI changed the reasons we write? The Phi Beta Kappa magazine is left to consider the possibility that "power over a superintelligent beast and resurrection are nothing to sneeze at" — before offering another thought.

"The most depressing reason to write for AI is that unlike most humans, AIs still read. They read a lot. They read everything. Whereas, aided by an AI no more advanced than the TikTok algorithm, humans now hardly read anything at all..."

OpenAI has introduced Aardvark, a GPT-5-powered autonomous agent that scans, reasons about, and patches code like a human security researcher. "By embedding itself directly into the development pipeline, Aardvark aims to turn security from a post-development concern into a continuous safeguard that evolves with the software itself," reports InfoWorld. From the report: What makes Aardvark unique, OpenAI noted, is its combination of reasoning, automation, and verification. Rather than simply highlighting potential vulnerabilities, the agent promises multi-stage analysis -- starting by mapping an entire repository and building a contextual threat model around it. From there, it continuously monitors new commits, checking whether each change introduces risk or violates existing security patterns.

Additionally, upon identifying a potential issue, Aardvark attempts to validate the exploitability of the finding in a sandboxed environment before flagging it. This validation step could prove transformative. Traditional static analysis tools often overwhelm developers with false alarms -- issues that may look risky but aren't truly exploitable. "The biggest advantage is that it will reduce false positives significantly," noted Jain. "It's helpful in open source codes and as part of the development pipeline."

Once a vulnerability is confirmed, Aardvark integrates with Codex to propose a patch, then re-analyzes the fix to ensure it doesn't introduce new problems. OpenAI claims that in benchmark tests, the system identified 92 percent of known and synthetically introduced vulnerabilities across test repositories, a promising indication that AI may soon shoulder part of the burden of modern code auditing.

Has AI just become an easy excuse for firms looking to downsize, asks CNBC: Fabian Stephany, assistant professor of AI and work at the Oxford Internet Institute, said there might be more to job cuts than meets the eye. Previously there may have been some stigma attached to using AI, but now companies are "scapegoating" the technology to take the fall for challenging business moves such as layoffs. "I'm really skeptical whether the layoffs that we see currently are really due to true efficiency gains. It's rather really a projection into AI in the sense of 'We can use AI to make good excuses,'" Stephany said in an interview with CNBC. Companies can essentially position themselves at the frontier of AI technology to appear innovative and competitive, and simultaneously conceal the real reasons for layoffs, according to Stephany... Some companies that flourished during the pandemic "significantly overhired" and the recent layoffs might just be a "market clearance...."

One founder, Jean-Christophe Bouglé even said in a popular LinkedIn post that AI adoption is at a "much slower pace" than is being claimed and in large corporations "there's not much happening" with AI projects even being rolled back due to cost or security concerns. "At the same time there are announcements of big layoff plans 'because of AI.' It looks like a big excuse, in a context where the economy in many countries is slowing down..."

The Budget Lab, a non-partisan policy research center at Yale University, released a report on Wednesday which showed that U.S. labor has actually been little disrupted by AI automation since the release of ChatGPT in 2022... Additionally, New York Fed economists released research in early September which showed that AI use amongst firms "do not point to significant reductions in employment" across the services and manufacturing industry in the New York-Northern New Jersey region.

schwit1 shares a report from Hackread: On October 3, 2025, Hackread.com published an in-depth report in which hackers claimed to have stolen 989 million records from 39 major companies worldwide by exploiting a Salesforce vulnerability. The group demanded that Salesforce and the affected firms enter negotiations before October 10, 2025, warning that if their demands were ignored, they would release the entire dataset. The hackers, identifying themselves as "Scattered Lapsus$ Hunters," a collective said to combine elements of Scattered Spider, Lapsus$, and ShinyHunters, have now published data allegedly belonging to 6 of the 39 targeted companies.

The companies named in the leak are as follows: Fujifilm, GAP, INC., Vietnam Airlines, Engie Resources, Quantas Airways Limited, and Albertsons Companies, Inc. In all 6 leaks, the record contains personal details of customers, business, including email addresses, full names, addresses, passport numbers, phone numbers. The hackers said on Telegram that they will not be releasing any additional information, stating, "A lot of people are asking what else will be leaked. Nothing else will be leaked. Everything that was leaked was leaked, we have nothing else to leak, and obviously, the things we have cannot be leaked for obvious reasons."

"Dutch authorities have temporarily nationalized Nexperia, owned by Chinese company Wingtech, over fears of critical product unavailability," writes longtime Slashdot reader evil_aaronm. Reuters reports: The Hague invoked never-before-used powers under a Dutch law known as the "Availability of Goods Act." The decision led to a 10% fall in Wingtech's shares in Shanghai on Monday. The Dutch government will not take ownership of Nexperia, but it will now have the power to reverse or block management decisions it considers harmful. The company's regular production is continuing. [...] Wingtech called the Dutch government's intervention in Nexperia, once part of Dutch electronics group Philips, "excessive interference driven by geopolitical bias." Wingtech also alleged that non-Chinese Nexperia executives had tried to forcibly alter the company's equity structure through legal proceedings in a "cloaked power grab" on the company.

A copy of an Amsterdam commercial court ruling dated October 7 and seen by Reuters showed that the court decided on October 1 to suspend Wingtech CEO Zhang Xuezheng from his position as executive director at Nexperia after finding "well founded reasons to doubt" the company was pursuing correct management policy or actions under Dutch civil law. It appointed Dutch businessman Guido Dierick to take Zhang's position with a "deciding vote", and transferred control of almost all of Nexperia's shares to a Dutch lawyer for management. The Dutch state and the company's labour council had supported the moves, the document showed. [...]

In its statement, the Dutch government said that administrative problems at Nexperia posed a threat to the company's "crucial technological knowledge" without elaborating. "The loss of these capabilities could pose a risk to Dutch and European economic security," it said. Nexperia is one of the world's largest makers of simple computer chips such as diodes and transistors, though it also develops more advanced technologies such as "wide gap" semiconductors used in electrical settings and useful for electric cars, chargers and AI data centres. Wingtech said in a filing to the Shanghai stock exchange on Monday that its control over Nexperia would be temporarily restricted due to the Dutch order and court rulings, affecting decision making and operational efficiency.

A new HSBC survey shows that over half of wealthy entrepreneurs are considering moving abroad, not for tax reasons but for business expansion, investment access, and lifestyle improvements. Singapore tops the list of preferred destinations, followed by the UK, Japan, and Switzerland -- while the U.S. has slipped to fifth place. CNBC reports: The bank polled 2,939 business owners with at least $2 million in investible assets or a total net worth of $20 million during April and May of this year. A whopping 57% reported they were considering adding a new residence over the next 12 months, up from 55% in last year's survey. Wanderlust is greater among Gen Z entrepreneurs, with just over three-quarters in that cohort reporting they were considering a move.

When asked about their reasons for moving to a new country, only a third of all respondents cited tax efficiency as a motivator. Tax savings ranked eighth overall behind other factors such as improved security and safety (47%) and better education opportunities (52%). Respondents to the survey could select multiple options. The most popular motives at 67% each were to expand their business to new markets or to gain access to new investment opportunities. The desire for a better quality of life came in a close third at 63%. Taxes, the report said, "create acres of news coverage, but among the majority of our entrepreneurs, this does not appear to be the deciding factor about where to live."

An anonymous reader shares a report: China's giant solar parks aren't just changing the power mix -- they may be changing the ground beneath them. Fresh field data point to cooler soils, extra moisture, and pockets of greening, though lasting ecological shifts will hinge on design and long-term care.

[...] A team studying one of the largest photovoltaic parks in China, the Gonghe project in the Talatan Desert, found a striking difference between what was happening under the panels and what lay just beyond. They used a detailed framework measuring dozens of indicators -- everything from soil chemistry to microbial life -- and discovered that the micro-environment beneath the panels was noticeably healthier. The reasons track with physics: shade cools the surface and slows evaporation, letting scarce soil moisture linger longer; field experiments in western China report measurable soil-moisture gains beneath shaded arrays.

Simple shade from panel rows can create a gentler microclimate at ground level, cutting wind stress and helping fragile seedlings establish. In other desert locations like Gansu and the Gobi, year-round field data tell a similar story. Soil temperatures beneath arrays tend to be cooler during the day and a bit warmer at night than surrounding ground, with humidity patterns shifting in tandem -- conditions that can make harsh surfaces more habitable when paired with basic land care. Even small shifts like these can help re-establish vegetation -- if combined with erosion control and water management. These aren't wildflowers blooming overnight, but they are signs that utility-scale solar can double as a modest micro-restorer.