Longtime Slashdot reader sinij shares a report from Car and Driver: Sales of electric vehicles surged in September as shoppers rushed to take advantage of the $7500 federal EV tax credit before it disappeared at the end of the month. With the government subsidies now gone, EV sales were expected to take a hit in October. While only a few automakers still report sales on a monthly basis, the results we do have do not paint a rosy picture for EVs in a post-tax credit world.

The Korean automakers were hit particularly hard by the loss of the tax credit. The Hyundai Ioniq 5, which was the fifth-best-selling EV through the third quarter of this year, experienced a 63 percent drop, moving 1642 units in October 2025, down from 4498 in 2024. Its platform-mates saw similar declines. The Kia EV6 moved just 508 units, down 71 percent versus the same month the year before, while the luxurious Genesis GV60 only found 93 buyers, a 54 percent slide year over year. Things were even worse at Honda. While the Acura ZDX was recently discontinued after just a single model year, the related Honda Prologue remains on sale but registered just 806 units, down 81 percent from 4130 sales in October 2024. [...]

Obviously, this isn't the full picture, as several major players -- including General Motors, Toyota, Nissan, and Volkswagen -- only release sales reports on a quarterly basis, and others, such as Tesla and Rivian, don't break out individual sales at all. But with four of the top 10 bestselling EVs through Q3 all showing noteworthy declines in October, it spells trouble for the EV market at large. The end-of-year sales figures will provide a much clearer picture of whether October was just a blip or the start of a much more widespread problem for EV sales.

An anonymous reader quotes a report from Gizmodo: It's time for Xbox to eat some humble pie and perform some real soul-searching. Microsoft released its latest quarterly earnings report and proved the worst of our fears about its gaming brand. Not only are Xbox hardware sales down significantly, but the brand itself is barely treading water. Gamers are voicing their displeasure with their wallets, but Microsoft's top brass is still only thinking about the margins. Microsoft was more keen to promote the scale of its cloud and AI services revenue -- which was up 28% year over year -- than talk about its beleaguered gaming brand. The company's overall gaming revenue fell by 2% compared to the same time last year. This was precipitated by a "decline in Xbox hardware," which was down by 22% following a steady decline quarter after quarter. Its first-party games and its Game Pass subscription were doing better, though the overall growth was only up by 1%, and even that was driven by the "better-than-expected performance" of third-party games. You can give credit to titles like Clair Obscur: Expedition 33 for why Xbox isn't in an even deeper hole than it is now.

The tech giant has no expectation that its Xbox brand will start making more money anytime soon. In its earnings call with investors, Microsoft Chief Financial Officer Amy Hood said the company expects Xbox will continue to decline "in the low to mid-single digits" for the following quarter. That's mostly due to the lack of landmark first-party titles. Just this month, Xbox released Ninja Gaiden 4, The Outer Worlds 2, and Double Fine's The Keeper. Xbox also made a huge marketing push for its first handheld, made in partnership with Asus, the ROG Xbox Ally and Ally X. In any other year, this would be a big month for any gaming company. The dour outlook comes after months of bad news. After two subsequent price hikes, Xbox Series S and Series X consoles now cost between $100 to $150 more than they did at launch five years ago. Microsoft also pushed prices of its Game Pass Ultimate subscription tier from $20 to $30 per month. A full-year's subscription would now demand $360. In a separate article, Gizmodo reviews Microsoft's new ROG Xbox Ally X handheld, which "offers a better experience overall" than the "other small-scale Windows PC gaming devices released this year." However, "it's still nowhere close to what you truly want from a console."

An anonymous reader quotes a report from the Financial Times: A lot of critical financial and government infrastructure runs on Cobol. The more-than-60-year-old mainframe coding language is embedded into payments and transaction rails, even though there are very few Cobol-literate coders available to maintain them. The big argument in favor of sticking with Cobol systems is that they work. The catch is that, whenever they stop working, it is difficult to figure out why. That's not good in a crisis, which is exactly when they're most likely to break. Covid-19 put a lot of strain the US state benefit systems.

The ones that used Cobol for processing unemployment claims failed spectacularly, according to a new working paper from The Atlanta Fed: "States that used an antiquated [unemployment insurance]-benefit system experienced a 2.8 percentage point decline in total credit and debit card consumption relative to card consumption in states with more modern UI benefit systems. [...] Using this estimate in a back-of-the-envelope calculation, I find that the lack of investment in updating UI-benefit systems in COBOL states was associated with a reduction in real GDP of at least $40 billion (in 2019 dollars) lower during this [March 13 2020 to year-end] period

The paper uses Cobol as a proxy for old and inefficient IT, not the direct cause of failure. Claimants faced much longer delays in the 28 states that still used Cobol in 2020, both because of the unprecedented volume of claims and the difficulty updating systems with new eligibility rules, author Michael Navarrete finds. [...] As an aside, one oddity of the data is that Republican-controlled states were more likely to have replaced old IT systems, even though their standard unemployment insurance payments are lower on average. Why? Absolutely no idea, but here are the maps. And, once adjusted for state politics, here's the key finding.

The U.S. is awash with scam text messages. Officials say it has become a billion-dollar, highly sophisticated business benefiting criminals in China. From a report: Your highway toll payment is now past due, one text warns. You have U.S. Postal Service fees to pay, another threatens. You owe the New York City Department of Finance for unpaid traffic violations. The texts are ploys to get unsuspecting victims to fork over their credit-card details. The gangs behind the scams take advantage of this information to buy iPhones, gift cards, clothing and cosmetics.

Criminal organizations operating out of China, which investigators blame for the toll and postage messages, have used them to make more than $1 billion over the last three years, according to the Department of Homeland Security. Behind the con, investigators say, is a black market connecting foreign criminal networks to server farms that blast scam texts to victims. The scammers use phishing websites to collect credit-card information. They then find gig workers in the U.S. who will max out the stolen cards for a small fee. Making the fraud possible: an ingenious trick allowing criminals to install stolen card numbers in Google and Apple Wallets in Asia, then share the cards with the people in the U.S. making purchases half a world away.

An anonymous reader quotes a report from Ars Technica: Bose will brick key features of its SoundTouch Wi-Fi speakers and soundbars soon. On Thursday, Bose informed customers that as of February 18, 2026, it will stop supporting the devices, and the devices' cloud-based features, including the companion app, will stop working. The SoundTouch app enabled numerous capabilities, including integrating music services, like Spotify and TuneIn, and the ability to program multiple speakers in different rooms to play the same audio simultaneously.

Bose has also said that some saved presets won't work and that users won't be able to change saved presets once the app is gone. Additionally, Bose will stop providing security updates for SoundTouch devices. The Framingham, Massachusetts-headquartered company noted to customers that the speakers will continue being able to play audio from a device connected via AUX or HDMI. Wireless playback will still work over Bluetooth; however, Bluetooth is known to introduce more latency than Wi-Fi connections. Affected customers can trade in their SoundTouch product for a credit worth up to $200.

In its notice sent to customers this week, Bose provided minimal explanation for end-of-life-ing its pricey SoundTouch speakers, saying: "Bose SoundTouch systems were introduced into the market in 2013. Technology has evolved since then, and we're no longer able to sustain the development and support of the cloud infrastructure that powers this older generation of products. We remain committed to creating new listening experiences for our customers built on modern technologies."

fjo3 shares a report from the Washington Post: Across vast stretches of farmland in southern Brazil, researchers at a carbon removal company are attempting to accelerate a natural process that normally unfolds over thousands or millions of years. The company, Terradot, is spreading tons of volcanic rock crushed into a fine dust over land where soybeans, sugar cane and other crops are grown. As rain percolates through the soil, chemical reactions pull carbon from the air and convert it into bicarbonate ions that eventually wash into the ocean, where the carbon remains stored. The technique, known as "enhanced rock weathering," is emerging as a promising approach to lock away carbon on a massive scale. Some researchers estimate the method has the potential to sequester billions of tons of carbon, helping slow global climate trends. Other major projects are underway across the globe and have collectively raised over a quarter-billion dollars. [...]

Terradot was founded in 2022 at Stanford, growing out of an independent study between James Kanoff, an undergraduate seeking large-scale carbon removal solutions, and Scott Fendorf, an Earth science professor. Terradot ran a pilot project across 250 hectares in Mexico and began operations in Brazil in late 2023. Since then, the company has spread about 100,000 tons of rock over 4,500 hectares. It has signed contracts to remove about 300,000 tons of carbon dioxide and is backed by a who's who of Silicon Valley. It expects to deliver its first carbon removal credit -- representing one metric ton of verified carbon dioxide removed -- by the end of this year and then scale up from there.

An anonymous reader quotes a report from The Verge: Discord has identified approximately 70,000 users that may have had their government ID photos exposed as part of a customer service data breach announced last week, spokesperson Nu Wexler tells The Verge. A tweet by vx-underground said that the company was being extorted over a breach of its Zendesk instance by a group claiming to have "1.5TB of age verification related photos. 2,185,151 photos." In its announcement last week, Discord said that information like names, usernames, emails, the last four digits of credit cards, and IP addresses also may have been impacted by the breach. "All affected users globally have been contacted and we continue to work closely with law enforcement, data protection authorities, and external security experts," said Wexler. "We've secured the affected systems and ended work with the compromised vendor. We take our responsibility to protect your personal data seriously and understand the concern this may cause."

The U.S. is considering a rule requiring chipmakers to match the volume of semiconductors that their customers currently import from overseas providers through domestic production, or face tariffs. Reuters reports: President Donald Trump has doubled down on his efforts to reshore semiconductor manufacturing, offering exemptions from tariffs of roughly 100% on chips to firms that produce domestically. Companies that fail to sustain a 1:1 domestic-to-import ratio over time would face tariffs, the Journal said. U.S. Commerce Secretary Howard Lutnick floated the idea with semiconductor executives, telling them it might be necessary for economic security, the Journal said.

"America cannot be reliant on foreign imports for the semiconductor products that are essential for our national and economic security," the newspaper cited White House spokesperson Kush Desai as saying, who added that any reporting about policymaking should be treated as speculative, unless officially announced. [...] Under the proposal, a company pledging to make chips in the U.S. would receive credit for that pledged volume, allowing imports without tariffs until the plant is complete, with initial relief to help ramp capacity, according to the report.

Jaguar Land Rover has halted production for nearly a month following a major cyberattack, costing an estimated 30,000 vehicles and billions in lost revenue. "The company said on Tuesday that production would be halted for another week until at least October 1, which increased concerns that a full return to production could be months away," reports The Times. From the report: David Bailey, professor of business economics at Birmingham University, said the JLR statement did not commit to reopening production on October 1 and even if it did "it's not going to be back to normal, but phased production start with some lines opening before others, as we saw after the Covid closure back in 2020." He said: "It's 24 days [shutdown] as of September 24. So that is roughly 1,000 cars a day, 24,000 cars not produced. So by then, that's about 1.7 billion pounds in lost revenue. By October 1, it will be a hit to revenue of something like 2.2 billion pounds. It's pretty massive. JLR can get through, but they're going to be burning through cash this month."

Bailey also raised concerns that smaller companies further down the supply chain lacked the cash reserves to withstand the shutdown. The company directly employs more than 30,000 people, and it is estimated that approximately 200,000 workers in the supply chain depend on work from JLR. "The union has said that in some cases, staff have been told to go and apply for universal credit. There are firms I know that have applied for bank loans to keep going. But even then, you know they're approaching the limit of what they do. There's an added knock-on effect that some of the suppliers also supply other car assemblers, Toyota or Mini. So some of those are concerned that bits of the supply chain may go under and affect them as well, because the industry is so connected. One way or another, the government's going to take a hit. Either through some sort of emergency support, whether that's furlough or emergency short-term loans or through unemployment benefit, if this carries on."

There has been uncertainty over the extent of the cyberattack and exactly how the company has been affected, as well as who is responsible for it. According to one source, some JLR staff were still unable last week to access the Slack messaging system through the company's "one sign on" system. The JLR statement added: "We have made this decision to give clarity for the coming week as we build the timeline for the phased restart of our operations and continue our investigation."

An anonymous reader quotes a report from Bloomberg: Gen Z borrowers took the biggest hit of any age group this year, helping pull overall credit scores lower in the worst year for US consumer credit quality since the global financial crisis roiled the world's economy. The average FICO score slipped to 715 in April from 717 a year earlier, marking the second consecutive year-over-year drop, according to a report released Tuesday by Fair Isaac Corp. The average score dropped three points to 687 in 2009.

Gen Z borrowers saw the largest drop, not only this year, but of any age group since 2020, with their average score falling three points to 676, the Montana-based creator of the FICO credit score said. FICO scores are a measure of consumer credit risk and are frequently used by US banks to assess whether to provide loans. The scores typically range from 300 to 850. The credit scoring agency attributed the recent overall drop to higher rates of utilization and delinquency, including the resumption of reporting student loan delinquencies -- a category that hit a record high of 3.1% of the entire scorable population. [...] While the overall average score dropped, the median FICO score continued to rise to 745 from 744 a year ago, indicating that a large drop in scores at the low end dragged down the average.

US EV sales hit a record 146,332 in August, grabbing nearly 10% of all new car sales, according to Kelley Blue Book. That's the highest yet and up from 9.1% in July. Electrek reports: With the federal EV tax credit set to expire on September 30, analysts say Q3 2025 is shaping up to be the strongest quarter for EV sales in US history. The current record holder is Q4 2024, when 365,824 EVs were sold.

Prices ticked higher, too. The average transaction price (ATP) for an EV in August was $57,245, 3.1% more than July's revised lower ATP of $55,562. Year-over-year, though, EV prices were basically flat, down just 0.1%. The wave of EV sales also helped push up the overall market's ATP.

Incentives, while not as high as July's record, remained hefty. EV buyers received discounts averaging over $9,000 in August, equal to 16% of ATP. That's more than double the incentive rate in the overall auto market and up from 13.6% a year ago. A separate report from Rho Motion found that global EV sales surged 25% in 2025, led by strong growth in Europe and China. "That amounts to 12.5 million EVs, although the data combines both battery EVs and plug-in hybrid EVs for the total," reports Ars Technica.

As for North America? "EV sales are still growing but barely -- up just 6 percent between January and August 2025 compared to the same time period in 2024."

Microsoft has eliminated the one-time fee for publishing apps on its Windows Store. According to The Verge, "Individual developers in nearly 200 countries can now sign up to publish apps on the Microsoft Store with just a personal Microsoft account, and no more one-time fees." From the report: Microsoft started cutting its $19 one-time fee to publish apps to its Windows store in June in certain markets, and it's now essentially removing this fee for all developers worldwide. Apple still charges an annual $99 fee to developers, and Google charges a one-time registration fee of $25.

"Developers will no longer need a credit card to get started, removing a key point of friction that has affected many creators around the world," explains Chetna Das, senior product manager at Microsoft. "By eliminating these one-time fees, Microsoft is creating a more inclusive and accessible platform that empowers more developers to innovate, share and thrive on the Windows ecosystem." [...]

The Microsoft Store is now used by more than 250 million monthly active users, according to Microsoft. Microsoft is now encouraging more developers to make use of the store, where they can publish a variety of Win32, UWP, PWA, .NET, MAUI, or Electron apps. Developers can even use their own in-app commerce system to keep 100 percent of their revenues on non-gaming apps.

BrianFagioli shares a report from NERDS.xyz: Plex has alerted its customers about a security incident that may have affected user accounts. In an email sent to subscribers, the popular media server company confirmed that an unauthorized third party gained access to one of its databases. The breach exposed emails, usernames, and hashed passwords. Plex emphasized that passwords were encrypted following best practices, so attackers cannot simply read them. The company also reassured users that no credit card data was compromised, since Plex does not store that information on its servers. Still, out of caution, it is requiring all account holders to reset their credentials.

Users are being directed to reset their passwords at plex.tv/reset. During the process, Plex recommends enabling the option to sign out all connected devices. This measure logs out every device associated with the account, including Plex Media Servers, forcing a fresh login with the updated password. The company says it has already fixed the method used by the intruder to gain entry and is conducting additional security reviews. Plex is also urging subscribers to enable two-factor authentication if they have not already done so.

An anonymous reader shares a report: Valve has started to comply with the UK's Online Safety Act, by rolling out a requirement for all Brits to verify their age with a credit card to access "mature content" pages and games on Steam. UK users won't even be able to access the community hubs of mature content games unless a valid credit card is stored on a Steam account.

While platforms like Reddit, Bluesky, and Discord have opted for age verification checks using selfies, Valve is restricting its age checks to just credit cards, according to a support article. "Among all age assurance mechanisms reviewed by Valve, this process preserves the maximum degree of user privacy," says Valve. "Having the credit card stored as a payment method acts as an additional deterrent against circumventing age verification by sharing a single Steam user account among multiple persons."

An anonymous reader quotes a report from TechCrunch: Credit reporting giant TransUnion has disclosed a data breach affecting more than 4.4 million customers' personal information. In a filing with Maine's attorney general's office on Thursday, TransUnion attributed the July 28 breach to unauthorized access of a third-party application storing customers' personal data for its U.S. consumer support operations.

TransUnion claimed "no credit information was accessed," but provided no immediate evidence for its claim. The data breach notice did not specify what specific types of personal data were stolen. In a separate data breach disclosure filed later on Thursday with Texas' attorney general's office, TransUnion confirmed that the stolen personal information includes customers' names, dates of birth, and Social Security numbers. [...] It's not clear who is behind the breach at TransUnion, or if the hackers made any demands to the company.

An anonymous reader quotes a report from CoinTelegraph: Paying interest on stablecoin deposits could spark a wave of bank outflows similar to the money market fund boom of the 1980s, Citi's Future of Finance head Ronit Ghose warned in a report published Monday. According to the Financial Times, Ghose compared the potential outflows caused by paying interest on stablecoins to the rise of money market funds in the late 1970s and early 1980s. Those funds ballooned from about $4 billion in 1975 to $235 billion in 1982, outpacing banks whose deposit rates were tightly regulated, Federal Reserve data showed. Withdrawals from bank accounts exceeded new deposits by $32 billion between 1981 and 1982.

Sean Viergutz, banking and capital markets advisory leader at consultancy PwC, similarly suggested that a shift from consumers to higher-yielding stablecoins could spell trouble for the banking sector. "Banks may face higher funding costs by relying more on wholesale markets or raising deposit rates, which could make credit more expensive for households and businesses," he said. The GENIUS Act does not allow stablecoin issuers to offer interest to holders, but it does not extend the ban to crypto exchanges or affiliated businesses. The regulatory setup led to a significant reaction by the banking sector.

Several US banking groups led by the Bank Policy Institute have urged local regulators to close what they say is a loophole that may indirectly allow stablecoin issuers to pay interest or yields on stablecoins. In a recent letter, the organization argued that the so-called loophole may disrupt the flow of credit to American businesses and families, potentially triggering $6.6 trillion in deposit outflows from the traditional banking system.

An anonymous reader quotes a report from Ars Technica: After the Trump administration confirmed a rumor that the US is planning to buy a 10 percent stake in Intel, US Senator Bernie Sanders (I-Vt.) came forward Wednesday to voice support for the highly unusual plan, finding rare common ground with Donald Trump. According to Commerce Secretary Howard Lutnick, the plan would see the US disbursing approved CHIPS Act grants only after acquiring non-voting shares of Intel and likely other chipmakers. That would allow the US to profit off its investment in chipmakers, Lutnick suggested, and Sanders told Reuters that he agreed American taxpayers could benefit from the potential deals.

"If microchip companies make a profit from the generous grants they receive from the federal government, the taxpayers of America have a right to a reasonable return on that investment," Sanders said. While Lutnick gave Trump credit for coming up with what White House Press Secretary Karoline Leavitt described as a "creative idea that has never been done before" to protect US national and economic security, it appears that Lutnick is driving the initiative. "Lutnick has been pushing the equity idea," insiders granted anonymity previously told Reuters, "adding that Trump likes the idea."

So far, Intel has engaged in talks, while the Taiwan Semiconductor Manufacturing Company (TSMC) and other major CHIPS grant recipients like Samsung and Micron have yet to comment on the potential arrangement the Trump administration seems likely to pursue. They may possibly risk clawbacks of grants if such deals aren't made. On Wednesday, Taiwan Economy Minister Kuo Jyh-huei said his ministry would be consulting with TSMC soon, while noting that as yet, it's hard to "thoroughly understand the underlying meaning" of Lutnick's public comments. So far, Lutnick has only specified that "any potential arrangement wouldn't provide the government with voting or governance rights in Intel," dispelling fears that the US would use its ownership stake to try to control the world's most important chipmakers. Further reading: Intel is Getting a $2 Billion Investment From SoftBank

Google's AI Overviews has returned fraudulent customer service phone numbers in multiple reported incidents.

A Reddit user reported their friend received a fake number when searching "Swiggy [an Indian food delivery firm] customer care number," leading to attempted screen-sharing and money request scams. Facebook user Alex Rivlin encountered scammers after searching "royal caribbean customer service phone number 24 hours usa." The fraudulent representative requested credit card information before Rivlin detected the scam. Google said it is "aware" of the issue and has "taken action" against identified numbers. The company stated it is working to "improve results."

EV sales are up 27% for the first seven months of 2025 — for the world. But in America "For the first half of 2025, EV registrations rose 7% to 620,642, with market share inching up just 0.1 percentage point to 7.5 percent," reports Automotive News.

America's new EV registrations were up 4.6% in June (compared to June of 2024), "But EV market share fell for the month and stayed flat for the first half of the year, according to the most recent S&P Global Mobility data." June's 113,460 EV registrations represented 8.6% of U.S. light-vehicle market share, down from 8.8% a year earlier... The data, which serves as a sales proxy since some EV makers don't report U.S. numbers, shows continued flattening of EV market share ahead of the Sept. 30 repeal of the $7,500 federal tax credit.

The S&P Global Mobility numbers include only battery-electric vehicles and not hybrids.
In June Tesla led with 57,260 registrations — more than 6x its next competitor. (Although Tesla's share of the EV segment dropped 6.8% to 43.7 percent in the first half of 2025).

Ranking #2 in June registrations was Chevrolet with 9,517 — a 152% gain over Chevrolet's June 2024 registrations. (Pointing out that the Chevy Equinox EV starts at under $35,000, Electrek writes that "America's most affordable EV with over 315 miles of range, as GM calls it, is quickly winning over buyers.") Automotive News reports Equinox EV registrations surged 722% to 6,239 in June, with Chevy's share of the EV segment more than doubling to 7.7%.

Chevy pulled ahead of Ford (5,759 registrations), Hyundai (5,227 registrations), Rivian (4,613 registrations) and Cadillac (4,121 registrations). Although maybe it's just as interesting that the complete chart shows electric vehicle registrations for 33 different automakers...

An anonymous reader quotes a report from CleanTechnica: In a sharp rebuke to the anti-electrification agenda in the US, global EV sales are up 27% over last year, with some legacy automakers -- but not all -- indicating the potential for a successful transition to electric mobility. CleanTechnica has spilled much ink on the pace of plug-in hybrid and full EV adoption, and the latest report from the UK firm Rho Motion (a branch of the price reporting agency Benchmark Mineral Intelligence) adds some fresh insights.

Covering the first seven months of 2025, earlier today Rho Motion totaled up more than 10.7 million EVs sold for a "robust" 27% increase over the same period last year, with China leading the pack by a wide margin. Europe also contributed to the overall robustness. Germany and the UK racked up impressive gains and Italy also turning in a mentionable performance. "The European EV market has grown by 30% year-to-date, with strong momentum in both battery electric vehicles (BEVs) and plug-in hybrids (PHEVs), up 30% and 32% respectively," Rho Motion summarized.

"In contrast, North America's growth has been muted so far in 2025, with the US facing policy headwinds and Canada seeing a slowdown," Rho Motion Data Manager Charles Lester observed. "We expect a short-term lift in US demand ahead of the IRA consumer tax credit deadline in September, followed by a likely dip," Lester added. That short-term lift won't help North America catch up to Europe [...] Rho Motion's EV sales snapshot shows the recent gains:

Global: 10.7 million, +27%
China: 6.5 million, +29%
Europe: 2.3 million, +30%
North America: 1.0 million, +2%
Rest of World: 0.9 million, +42%