An anonymous reader quotes a report from the Associated Press: The head of the federal government agency that oversees Fannie Mae and Freddie Mac wants the mortgage giants to consider accepting a homebuyer's cryptocurrency holdings in their criteria for buying mortgages from banks. William Pulte, director of the Federal Housing Finance Agency, which oversees Fannie and Freddie, ordered the agencies Wednesday to prepare a proposal for consideration of crypto as an asset for reserves when they assess risks in single-family home loans.

Pulte also instructed the agencies that their mortgage risk assessments should not require cryptocurrency assets to be converted to U.S. dollars. And only crypto assets that "can be evidenced and stored on a U.S.-regulated centralized exchange subject to all applicable laws" are to be considered by the agencies in their proposal, Pulte wrote in a written order, effective immediately. Pulte was sworn in as the head of FHFA in March. Public records show that as of January 2025, Pulte's spouse owned between $500,000 and $1 million of bitcoin and a similar amount of Solana's SOL token. [...]

The policy change is meant to encourage banks to expand how they gauge borrowers' creditworthiness, in hopes that more aspiring homebuyers can qualify for a home loan. It also recognizes that cryptocurrencies have grown in popularity as an alternative to traditional investments, such as bonds and stocks. The agencies have to come up with their proposals "as soon as reasonably practical," according to the order. "This is a big win for advocates of cryptocurrencies who want crypto to be treated the same way as other assets are," said Daryl Fairweather, chief economist at Redfin.

Currently, stock investments are treated as qualifying assets that count toward reserves that banks want borrowers to have. But assets that are more volatile, like individual stocks or crypto, may be discounted by lenders, Fairweather noted. "As long as lenders are appropriately discounting crypto based on volatility, it's fine that crypto investments count toward reserves," she said.

Danielle Hale, chief economist at Realtor.com, added: "If Fannie and Freddie are going to accept cryptocurrency as collateral, that's a strong incentive for banks to shift their practices. Because people who might otherwise have to sell cryptocurrency to qualify -- and maybe that's a deal-breaker for them now -- under this new policy, they can qualify. It sort of expands the potential pool of eligible buyers."

The DOJ has filed a civil complaint to seize $225.3 million in cryptocurrency linked to pig butchering scams -- long-con frauds where victims are tricked into fake crypto investments. The funds were laundered through a blockchain network, and the DOJ says recovered money will go toward reimbursing victims. The Verge reports: The 75-page complaint (PDF) filed in the US District Court for the District of Columbia lays out more detail about the seizure. According to it, the US Secret Service (USSS) and Federal Bureau of Investigation (FBI) tied scammers to seven groups of Tether stablecoin tokens. The fraud fell under what's typically known as "pig butchering": a form of long-running confidence scam aimed at tricking victims -- sometimes with a fake romantic relationship -- into what they believe is a profitable crypto investment opportunity, then disappearing with the funds. Pig butchering rings often traffic the workers who directly communicate with victims to Southeast Asian countries, something the DOJ alleges this ring did.

The DOJ says Tether and crypto exchange OKX first alerted law enforcement in 2023 to a series of accounts they believed were helping launder fraudulently obtained currency through a vast and complex web of transactions. The alleged victims include Shan Hanes (referred to in this complaint as S.H.), the former Heartland Tri-State Bank president who was sentenced to 24 years in prison for embezzling tens of millions of dollars to invest in one of the best-known and most devastating pig butchering scams. The complaint lists a number of other victims who lost thousands or millions of dollars they thought they were investing (and did not commit crimes of their own). An FBI report (PDF) cited by the press release concluded overall crypto investment fraud caused $5.8 billion worth of reported losses in 2024.

An anonymous reader quotes a report from The Guardian: Foreign students will be required to unlock their social media profiles to allow US diplomats to review their online activity before receiving educational and exchange visas, the state department has announced. Those who fail to do so will be suspected of hiding that activity from US officials. The new guidance, unveiled by the state department on Wednesday, directs US diplomats to conduct an online presence review to look for "any indications of hostility toward the citizens, culture, government, institutions, or founding principles of the United States."

A cable separately obtained by Politico also instructs diplomats to flag any "advocacy for, aid or support for foreign terrorists and other threats to US national security" and "support for unlawful antisemitic harassment or violence." The screening for "antisemitic" activity matches similar guidance given at US Citizenship and Immigration Services under the Department of Homeland Security and has been criticized as an effort to crack down on opposition to the conduct of Israel's war in Gaza.

The new state department checks are directed at students and other applicants for visas in the F, M and J categories, which refer to academic and vocational education, as well as cultural exchanges. "It is an expectation from American citizens that their government will make every effort to make our country safer, and that is exactly what the Trump administration is doing every single day," said a senior state department official, adding that Marco Rubio was "helping to make America and its universities safer while bringing the state Department into the 21st century."

An anonymous reader quotes a report from Ars Technica: OpenAI executives have discussed filing an antitrust complaint with US regulators against Microsoft, the company's largest investor, The Wall Street Journal reported Monday, marking a dramatic escalation in tensions between the two long-term AI partners. OpenAI, which develops ChatGPT, has reportedly considered seeking a federal regulatory review of the terms of its contract with Microsoft for potential antitrust law violations, according to people familiar with the matter. The potential antitrust complaint would likely argue that Microsoft is using its dominant position in cloud services and contractual leverage to suppress competition, according to insiders who described it as a "nuclear option," the WSJ reports.

The move could unravel one of the most important business partnerships in the AI industry -- a relationship that started with a $1 billion investment by Microsoft in 2019 and has grown to include billions more in funding, along with Microsoft's exclusive rights to host OpenAI models on its Azure cloud platform. The friction centers on OpenAI's efforts to transition from its current nonprofit structure into a public benefit corporation, a conversion that needs Microsoft's approval to complete. The two companies have not been able to agree on details after months of negotiations, sources told Reuters. OpenAI's existing for-profit arm would become a Delaware-based public benefit corporation under the proposed restructuring.

The companies are discussing revising the terms of Microsoft's investment, including the future equity stake it will hold in OpenAI. According to The Information, OpenAI wants Microsoft to hold a 33 percent stake in a restructured unit in exchange for foregoing rights to future profits. The AI company also wants to modify existing clauses that give Microsoft exclusive rights to host OpenAI models in its cloud. The restructuring debate attracted criticism from multiple quarters. Elon Musk alleges that OpenAI violated contract provisions by prioritizing profit over the public good in its push to advance AI and has sued to block the conversion. In December, Meta Platforms also asked California's attorney general to block OpenAI's conversion to a for-profit company.

An anonymous reader quotes a report from The Register: UK universities and colleges have signed a framework worth up to 9.86 million pounds ($13.33 million) with Oracle to use its controversial Java SE Universal Subscription model, in exchange for a "waiver of historic fees due for any institutions who have used Oracle Java since 2023." Jisc, a membership organization that runs procurement for higher and further education establishments in the UK, said it had signed an agreement to purchase the new subscription licenses after consultation with members. In a procurement notice, it said institutions that use Oracle Java SE are required to purchase subscriptions. "The agreement includes the waiver of historic fees due for any institutions who have used Oracle Java since 2023," the notice said.

The Java SE Universal Subscription was introduced in January 2023 to an outcry from licensing experts and analysts. It moved licensing of Java from a per-user basis to a per-employee basis. At the time, Oracle said it was "a simple, low-cost monthly subscription that includes Java SE Licensing and Support for use on Desktops, Servers or Cloud deployments." However, licensing advisors said early calculations to help some clients showed that the revamp might increase costs by up to ten times. Later, analysis from Gartner found the per-employee subscription model to be two to five times more expensive than the legacy model.

"For large organizations, we expect the increase to be two to five times, depending on the number of employees an organization has," Nitish Tyagi, principal Gartner analyst, said in July 2024. "Please remember, Oracle defines employees as part-time, full-time, temporary, agents, contractors, as in whosoever supports internal business operations has to be licensed as per the new Java Universal SE Subscription model." Since the introduction of the new Oracle Java licensing model, user organizations have been strongly advised to move off Oracle Java and find open source alternatives for their software development and runtime environments. A survey of Oracle users found that only one in ten was likely to continue to stay with Oracle Java, in part as a result of the licensing changes.

Walmart and Amazon are exploring the possibility of issuing their own stablecoins in the United States, WSJ reported Friday, potentially shifting billions of dollars in transaction volume away from traditional banks and card networks. The retail giants, along with Expedia Group and several airlines, have recently discussed launching corporate stablecoins that would allow them to circumvent the existing payments infrastructure dominated by Visa and Mastercard.

The companies' final decisions hinge on passage of the Genius Act, legislation currently moving through Congress that would establish a regulatory framework for stablecoins. These digital currencies maintain a one-to-one exchange ratio with dollars and are backed by cash or Treasury reserves, offering merchants the potential for faster payment settlement and significantly reduced processing fees compared to traditional card transactions that can take days to clear.

Shopify is launching stablecoin payments for its merchants later this year, starting with USDC in collaboration with Coinbase and Stripe. Fortune reports: The publicly traded tech company lets merchants -- including vintage clothes sellers, cosmetics businesses, and electronics companies -- set up their own online marketplaces. By late June, Shopify will let a select group of users accept payments in USDC, a stablecoin issued by the crypto company Circle, which recently had one of the year's hottest IPOs. "In our own philosophical framework, we are extremely aligned with everything that crypto stands for," Tobias Lutke, the CEO of Shopify and a Coinbase board member, said onstage at a Coinbase conference on Thursday.

Shopify will then gradually expand access to merchants across its network in the U.S. and Europe before opening up stablecoin payments to every merchant who uses its platform. The e-commerce company worked with Coinbase to develop a payments protocol to handle chargebacks, refunds, and other intricacies of retail payments on Coinbase's blockchain, Base. It also collaborated with fintech giant Stripe, one of Shopify's payments processors, to integrate stablecoins into the e-commerce company's existing software stack. "I think other payment processors will look at what Shopify is building and be like, 'Holy crap,'" Jesse Pollak, a Coinbase executive who oversees the crypto exchange's wallet and blockchain divisions, told Fortune.

Amazon has quietly doubled the ad load on Prime Video to 4-6 minutes per hour, up from the 2-3.5 minutes initially discussed when ads launched in 2024. AdWeek reports: According to six ad buyers and documents reviewed by ADWEEK, the current ad load on Prime Video now ranges from four to six minutes per hour. And while that could bring down CPMs, buyers will be watching whether this impacts user experience. "Prime Video ad load has gradually increased to four to six minutes per hour," an Amazon representative wrote to an ad buyer in an email obtained by ADWEEK. The exchange occurred earlier this month.

The increase, which Amazon had telegraphed to investors but has not publicly acknowledged to consumers, gives the company significantly more inventory to sell across its rapidly expanding streaming business. "They told us the ad load would be increasing," said Kendra Tang, programmatic supervisor at Rain the Growth Agency. "That's been confirmed recently when we noticed more avails in the system."

The European Space Agency's Solar Orbiter has captured the first-ever images of the sun's poles by tilting its orbit out of the ecliptic plane. Space.com reports: The captured images of the solar south pole were taken between March 16 and 17, 2025, with the Solar Orbiter's Polarimetric and Helioseismic Imager (PHI), Extreme Ultraviolet Imager (EUI), and Spectral Imaging of the Coronal Environment (SPICE) instruments. They constitute humanity's first ever look at the sun's poles. This was the Solar Orbiter mission's first high-angle observation campaign of the sun, conducted at an angle of 15 degrees below the solar equator. Just a few days after snapping these images, the ESA spacecraft reached a maximum viewing angle of 17 degrees, which it sits in currently as it performs its first "pole-to-pole" orbit of our star. [...]

One of the first discoveries made by the Solar Orbiter is the fact that the magnetic fields around the sun's southern poles appear to be, for lack of a better phrase, a complete mess. While standard magnetic fields have well-defined north and south poles, these new observations reveal that north and south polarities are both found at the sun's southern pole. This seems to happen at solar maximum when the poles of the sun are about to flip. Following this exchange of poles, the fields at the north and south poles will maintain an orderly single polarity during solar minimum until solar maximum during the next 11-year cycle.

The Solar Orbiter observations also revealed that while the equator of the sun, where the most sunspots appear, possesses the strongest magnetic fields, those at the poles of our star have a complex and ever-changing structure. The Solar Orbiter's SPICE instrument provided another first for the ESA spacecraft, allowing scientists to track elements via their unique emissions as they move through the sun. Tracing the specific spectral lines of elements like hydrogen, carbon, oxygen, neon, and magnesium, a process called "Doppler measurement," revealed how materials flow through different layers of the sun. The Solar Orbiter also allowed scientists to measure the speed of carbon atoms as they are ejected from the sun in plumes and jets. "This is just the first step of Solar Orbiter's 'stairway to heaven.' In the coming years, the spacecraft will climb further out of the ecliptic plane for ever better views of the sun's polar regions," ESA's Solar Orbiter project scientist Daniel Muller said. "These data will transform our understanding of the sun's magnetic field, the solar wind, and solar activity."

"Twelve years ago, a baby was born after someone used bitcoin to pay for a frozen egg IVF," writes longtime Slashdot reader bobdevine. "I, for one, welcome..."

Blockworks tells the story of how it all came to be: In February 2012 -- almost two years after Laszlo's pizzas -- a fertility doctor named C. Terence Lee set about a personal and professional quest to onboard his patients to Bitcoin by accepting BTC for his services. He started with a "Bitcoin accepted here" sign in his window, and then a Reddit post.

"Jumping in to do my part to support the BTC economy. This may be a historic first?" Lee wrote in a post on the BitMarket subreddit, titled: "[WTS][USA] Male Fertility Evaluation." Lee was offering a 15-minute consultation to discuss fertility questions and a sperm analysis in exchange for 15 BTC, valued at $70 or so at the time. "Actual value over $100," he wrote. Within three months, he'd found a Bitcoin customer.

"The patient turned out not... so much having a burning desire to know about his fertility, but he was a Bitcoin enthusiast, and he liked the idea of participating in history, in this ritual ceremony of what could be perhaps the world's first Bitcoin medical transaction," Lee explained at a 2013 conference in San Jose. "So we chatted about Bitcoin. He taught me a lot about mining. That's how he acquired bitcoin. And we did a sperm test, and it turned out he had really good sperm ... after it was done he sent me 15 bitcoins... "

Lee changed up his strategy to only quiz his most trusted patients. There was one couple, who, on their fourth attempt at IVF, agreed to pay in bitcoin for a 50% discount, with Lee walking them through exchanging U.S. dollars for bitcoin via CryptoXChange, a now-defunct exchange operating out of Australia. The sperm stuck, leading CNN to reveal, on this day in 2013, "the world's first Bitcoin baby" -- a baby bought entirely with bitcoin. Thirty bitcoin to be exact, an amount then worth $500, or $3 million today.

United Natural Foods (UNFI), a major distributor of groceries to Whole Foods and other retailers, said on Monday that it was hit by a cyberattack, warning of disruptions to its ability to fulfill and distribute customer orders. From a report: UNFI said in a Monday filing with the U.S. Securities and Exchange Commission that it became aware of unauthorized access to its IT systems last Thursday, and began shutting down portions of its network. The filing added that the company has "implemented workarounds for certain operations in order to continue servicing its customers where possible," but noted that the intrusion has caused ongoing disruptions to its business operations.

The Providence, Rhode Island-based company is one of the largest grocery distributors in North America, selling fresh produce, goods, and food products to more than 30,000 stores and supermarket locations across the U.S. and Canada. UNFI also serves as the "primary distributor" to Whole Foods, the Amazon-owned grocery chain. Last year, the two companies extended their long-running contract until May 2032.

An anonymous reader quotes a report from IEEE Spectrum: In a development straight out of science fiction, Australian startup Cortical Labs has released what it calls the world's first code-deployable biological computer. The CL1, which debuted in March, fuses human brain cells on a silicon chip to process information via sub-millisecond electrical feedback loops. Designed as a tool for neuroscience and biotech research, the CL1 offers a new way to study how brain cells process and react to stimuli. Unlike conventional silicon-based systems, the hybrid platform uses live human neurons capable of adapting, learning, and responding to external inputs in real time. "On one view, [the CL1] could be regarded as the first commercially available biomimetic computer, the ultimate in neuromorphic computing that uses real neurons," says theoretical neuroscientist Karl Friston of University College London. "However, the real gift of this technology is not to computer science. Rather, it's an enabling technology that allows scientists to perform experiments on a little synthetic brain."

The first 115 units will begin shipping this summer at $35,000 each, or $20,000 when purchased in 30-unit server racks. Cortical Labs also offers a cloud-based "wetware-as-a-service" at $300 weekly per unit, unlocking remote access to its in-house cell cultures. Each CL1 contains 800,000 lab-grown human neurons, reprogrammed from the skin or blood samples of real adult donors. The cells remain viable for up to six months, fed by a life-support system that supplies nutrients, controls temperature, filters waste, and maintains fluid balance. Meanwhile, the neurons are firing and interpreting signals, adapting from each interaction.

The CL1's compact energy and hardware footprint could make it attractive for extended experiments. A rack of CL1 units consumes 850-1,000 watts, notably lower than the tens of kilowatts required by a data center setup running AI workloads. "Brain cells generate small electrical pulses to communicate to a broader network," says Cortical Labs Chief Scientific Officer Brett Kagan. "We can do something similar by inputting small electrical pulses representing bits of information, and then reading their responses. The CL1 does this in real time using simple code abstracted through multiple interacting layers of firmware and hardware. Sub-millisecond loops read information, act on it, and write new information into the cell culture." The company sees CL1 as foundational for testing neuropsychiatric treatments, leveraging living cells to explore genetic and functional differences. "It allows people to study the effects of stimulation, drugs and synthetic lesions on how neuronal circuits learn and respond in a closed-loop setup, when the neuronal network is in reciprocal exchange with some simulated world," says theoretical neuroscientist Karl Friston of University College London. "In short, experimentalists now have at hand a little 'brain in a vat,' something philosophers have been dreaming about for decades."

Coinbase reportedly knew as early as January about a customer data breach linked to its outsourcing partner TaskUs, where an employee in India was caught leaking customer information in exchange for bribes. "At least one part of the breach [...] occurred when an India-based employee of the U.S. outsourcing firm TaskUs was caught taking photographs of her work computer with her personal phone," reports Reuters, citing five former TaskUs employees. Though Coinbase disclosed the incident in May after receiving an extortion demand, the newly revealed timeline raises questions about how long the company was aware of the breach, which could cost up to $400 million. Reuters reports: Coinbase said in the May SEC filing that it knew contractors accessed employee data "without business need" in "previous months." Only when it received an extortion demand on May 11 did it realize that the access was part of a wider campaign, the company said. In a statement to Reuters on Wednesday, Coinbase said the incident was recently discovered and that it had "cut ties with the TaskUs personnel involved and other overseas agents, and tightened controls." Coinbase did not disclose who the other foreign agents were.

TaskUs said in a statement that two employees had been fired early this year after they illegally accessed information from a client, which it did not identify. "We immediately reported this activity to the client," the statement said. "We believe these two individuals were recruited by a much broader, coordinated criminal campaign against this client that also impacted a number of other providers servicing this client." The person familiar with the matter confirmed that Coinbase was the client and that the incident took place in January.

The SEC on Thursday voluntarily dismissed its lawsuit against Binance, the world's largest cryptocurrency exchange. It brings an end to one of the last remaining crypto enforcement actions brought by the agency. Reuters reports: The SEC had accused the defendants in 2023 of artificially inflating trading volumes, diverting customer funds, failing to restrict U.S. customers from Binance's platform, and misleading investors about its market surveillance controls. It also accused Binance of unlawfully facilitating trading of several tokens that prior SEC leadership deemed unregistered securities. Developing...

Discord is testing "Discord Orbs," a new in-app currency that rewards users for engaging with interactive ads and promotional Quests. The Verge reports: In addition to spending Orbs on regular items on the Discord Shop, users can exchange the digital tokens for Orb exclusives like special badges or 3-day passes to try out Discord's subscription service, Discord Nitro. Discord says Orbs are rolling out globally to a "small number" of its users to start before a wider rollout. If you're part of the beta test for Orbs, you will get a notification like the one below.

Before this, publishers or brands that offered Quests had to provide their own rewards -- things like avatar decorations or in-game bonuses. They can still do that if they want, Discord spokesperson Bradley Sheets tells The Verge in an email; awarding Orbs is simply an alternative option.

Steven J. Vaughan-Nichols writes in an op-ed for The Register: I use AI a lot, but not to write stories. I use AI for search. When it comes to search, AI, especially Perplexity, is simply better than Google. Ordinary search has gone to the dogs. Maybe as Google goes gaga for AI, its search engine will get better again, but I doubt it. In just the last few months, I've noticed that AI-enabled search, too, has been getting crappier.

In particular, I'm finding that when I search for hard data such as market-share statistics or other business numbers, the results often come from bad sources. Instead of stats from 10-Ks, the US Securities and Exchange Commission's (SEC) mandated annual business financial reports for public companies, I get numbers from sites purporting to be summaries of business reports. These bear some resemblance to reality, but they're never quite right. If I specify I want only 10-K results, it works. If I just ask for financial results, the answers get... interesting. This isn't just Perplexity. I've done the exact same searches on all the major AI search bots, and they all give me "questionable" results.

Welcome to Garbage In/Garbage Out (GIGO). Formally, in AI circles, this is known as AI model collapse. In an AI model collapse, AI systems, which are trained on their own outputs, gradually lose accuracy, diversity, and reliability. This occurs because errors compound across successive model generations, leading to distorted data distributions and "irreversible defects" in performance. The final result? A Nature 2024 paper stated, "The model becomes poisoned with its own projection of reality." [...]

We're going to invest more and more in AI, right up to the point that model collapse hits hard and AI answers are so bad even a brain-dead CEO can't ignore it. How long will it take? I think it's already happening, but so far, I seem to be the only one calling it. Still, if we believe OpenAI's leader and cheerleader, Sam Altman, who tweeted in February 2024 that "OpenAI now generates about 100 billion words per day," and we presume many of those words end up online, it won't take long.

AT&T is buying CenturyLink's consumer fiber broadband division for $5.75 billion, "giving the internet provider another 1.1 million fiber customers in 11 states," reports Ars Technica. "The all-cash deal is expected to close during the first half of 2026 assuming the companies obtain regulatory approval. AT&T will gain new customers in Arizona, Colorado, Florida, Idaho, Iowa, Minnesota, Nebraska, Nevada, Oregon, Utah, and Washington." From the report: The deal will give AT&T room to grow its user base by more than the 1.1 million existing CenturyLink customers, as AT&T said the network areas being sold include over 4 million fiber-enabled locations. [...] The company, previously called CenturyLink, is officially named Lumen now but still uses the CenturyLink brand name for home Internet service. AT&T, which has 9.6 million (PDF) fiber customers and 14.1 million broadband customers overall, said the infrastructure it is purchasing will help it expand fiber construction to new locations as well.

The deal is also notable for what it doesn't include: Lumen's enterprise fiber customers and the old copper DSL lines that were never upgraded to fiber. [...] The deal seems unlikely to improve matters for CenturyLink copper users. [...] Lumen will retain the CenturyLink consumer copper broadband and voice services, but selling the consumer fiber business makes it clear that the telco isn't focused on residential customers. Lumen said that offloading consumer fiber lines will help sharpen its focus on selling services to large businesses. The company is maintaining its business fiber lines. [Ars notes that there are still nearly 1.4 million CenturyLink copper internet customers that will likely see service continue to degrade under Lumen's ownership.] "The transaction will enable AT&T to significantly expand access to AT&T Fiber in major metro areas like Denver, Las Vegas, Minneapolis-St. Paul, Orlando, Phoenix, Portland, Salt Lake City and Seattle, as well as additional geographies," AT&T said.

"AT&T will gain access to Lumen's substantial fiber construction capabilities within its incumbent local exchange carrier (ILEC) footprint and plans to accelerate the pace at which fiber is being built in these territories," AT&T said. "AT&T now expects to reach approximately 60 million total fiber locations by the end of 2030 -- "roughly doubling where AT&T Fiber is available today."

"The world has changed," writes Stack Overflow's blog. "Fast. Artificial intelligence is reshaping how we build, learn, and solve problems. Software development looks dramatically different than it did even a few years ago — and the pace of change is only accelerating."

And they believe their brand "at times" lost "fidelity and clarity. It's very much been always added to and not been thought of holistically. So, it's time for our brand to evolve too," they write, hoping to articulate a perspective "forged in the fires of community, powered by collaboration, shaped by AI, and driven by people."

The developer news site DevClass notes the change happens "as the number of posts to its site continues a dramatic decline thanks to AI-driven alternatives." According to a quick query on the official data explorer, the sum of questions and answers posted in April 2025 was down by over 64 percent from the same month in 2024, and plunged more than 90 percent from April 2020, when traffic was near its peak...

Although declining traffic is a sign of Stack Overflow's reduced significance in the developer community, the company's business is not equally affected so far. Stack Exchange is a business owned by investment company Prosus, and the Stack Exchange products include private versions of its site (Stack Overflow for Teams) as well as advertising and recruitment. According to the Prosus financial results, in the six months ended September 2024, Stack Overflow increased its revenue and reduced its losses. The company's search for a new direction though confirms that the fast-disappearing developer engagement with Stack Overflow poses an existential challenge to the organization.
DevClass says Stack Overflow's parent company "is casting about for new ways to provide value (and drive business) in this context..." The company has already experimented with various new services, via its Labs research department, including an AI Answer Assistant and Question Assistant, as well as a revamped jobs site in association with recruitment site Indeed, Discussions for technical debate, and extensions for GitHub Copilot, Slack, and Visual Studio Code.
From the official announcement on Stack Overflow's blog: This rebrand isn't just a fresh coat of paint. It's a realignment with our purpose: to support the builders of the future in an AI world — with clarity, speed, and humanity. It's about showing up in a way that reflects who we are today, and where we're headed tomorrow.
"We have appointed an internal steering group and we have engaged with an external expert partner in this area to help bring about the required change," notes a post in Stack Exchange's "meta" area. This isn't just about a visual update or marketing exercise — it's going to bring about a shift in how we present ourselves to the world which you will feel everywhere from the design to the copywriting, so that we can better achieve our goals and shared mission. As the emergence of AI has called into question the role of Stack Overflow and the Stack Exchange Network, one of the desired outputs of the rebrand process is to clarify our place in the world.

We've done work toward this already — our recent community AMA is an example of this — but we want to ensure that this comes across in our brand and identity as well. We want the community to be involved and have a strong voice in the process of renewing and refreshing our brand. Remember, Stack Overflow started with a public discussion about what to name it!
And another another post two months ago Stack Exchange is exploring early ideas for expanding beyond the "single lane" Q&A highway. Our goal right now is to better understand the problems, opportunities, and needs before deciding on any specific changes...

The vision is to potentially enable:

- A slower lane, with high-quality durable knowledge that takes time to create and curate, like questions and answers.

- A medium lane, for more flexible engagement, with features like Discussions or more flexible Stack Exchanges, where users can explore ideas or share opinions.

- A fast lane for quick, real-time interaction, with features like Chat that can bring the community together to discuss topics instantly.

With this in mind, we're seeking your feedback on the current state of Chat, what's most important to you, and how you see Chat fitting into the future.
In a post in Stack Exchange's "meta" area, brand design director David Longworth says the "tension mentioned between Stack Overflow and Stack Exchange" is probably the most relevant to the rebranding.

But he posted later that "There's a lot of people behind the scenes on this who care deeply about getting this right! Thank you on behalf of myself and the team."

Cryptocurrency exchange Coinbase said Thursday it is offering a $20 million reward for information leading to the arrest and conviction of criminals who attempted to extort the company for the same amount after stealing customer data.

The criminals bribed customer support agents in overseas markets to access records containing addresses, phone numbers, government IDs, and partial bank and Social Security details of more than 80,000 customers. "It sucks but when we see a problem like this we want to own it and make it right," Coinbase Chief Security Officer Philip Martin told Fortune.

The company will reimburse customers who fell victim to subsequent social engineering scams. No login credentials or wallet access were compromised in the breach. The extortionists had threatened to publish the stolen information unless paid $20 million in Bitcoin.

An anonymous reader shares a report: U.K. retail giant Marks & Spencer has confirmed hackers stole its customers' personal information during a cyberattack last month. In a brief statement with London's stock exchange on Tuesday, the retailer said an unspecified amount of customer information was taken in the data breach.

The BBC, which first reported the company's filing, cited a Marks & Spencer online letter as saying that the stolen data includes customer names, dates of birth, home and email addresses, phone numbers, household information, and online order histories. The company also said it was resetting the online account passwords of its customers. FT adds: Marks and Spencer could claim for losses of as much as $133 million from its cyber insurers following a sustained hack where some customer data was stolen. The UK retailer's cyber policy allows it to claim up to $133 million, according to people familiar with the situation.

Allianz is the first insurer on the hook for M&S's losses, the people added, and is expected to pay at least the initial $13.3 million. Cyber specialist Beazley is also among the insurers exposed to losses at the FTSE 100 retailer, according to the people familiar with the situation.