Medicine

Diabetes Successfully Treated Using Ultrasound In Preclinical Study (newatlas.com) 63

Across three different animal models researchers have demonstrated how short bursts of ultrasound targeted at specific clusters of nerves in the liver can effectively lower insulin and glucose levels. New Atlas reports: Reporting in the journal Nature Biomedical Engineering, a team led by GE Research, including investigators from the Yale School of Medicine, UCLA, and the Feinstein Institutes for Medical Research, demonstrated a unique non-invasive ultrasound method designed to stimulate specific sensory nerves in the liver. The technology is called peripheral focused ultrasound stimulation (pFUS) and it allows highly targeted ultrasound pulses to be directed at specific tissue containing nerve endings. "We used this technique to explore stimulation of an area of the liver called the porta hepatis," the researchers explained in a Nature briefing. "This region contains the hepatoportal nerve plexus, which communicates information on glucose and nutrient status to the brain but has been difficult to study as its nerve structures are too small to separately stimulate with implanted electrodes."

The newly published study indicates short targeted bursts of pFUS at this area of the liver successfully reversed the onset of hyperglycaemia. The treatment was found to be effective in three separate animal models of diabetes: mice, rats and pigs. [...] The study found just three minutes of focused ultrasound each day was enough to maintain normal blood glucose levels in the diabetic animals. Studies in humans are currently underway to work out whether this method translates from animal studies. But there are other hurdles facing broad clinical deployment of the technique beyond simply proving it works. Current ultrasound tools used to perform this kind of pFUS technique require trained technicians. The researchers suggest the technology exists to simplify and automate these systems in a way that could be used by patients at home, but it will need to be developed before this treatment can be widely deployed.

Space

SpaceX Ending Production of Flagship Crew Capsule (reuters.com) 38

SpaceX has ended production of new Crew Dragon astronaut capsules, a company executive told Reuters, as Elon Musk's space transportation company heaps resources on its next-generation spaceship program. From the report: Capping the fleet at four Crew Dragons adds more urgency to the development of the astronaut capsule's eventual successor, Starship, SpaceX's moon and Mars rocket. Starship's debut launch has been delayed for months by engine development hurdles and regulatory reviews. It also poses new challenges as the company learns how to maintain a fleet and quickly fix unexpected problems without holding up a busy schedule of astronaut missions.

"We are finishing our final (capsule), but we still are manufacturing components, because we'll be refurbishing," SpaceX President Gwynne Shotwell told Reuters, confirming the plan to end Crew Dragon manufacturing. She added that SpaceX would retain the capability to build more capsules if a need arises in the future, but contended that "fleet management is key." Musk's business model is underpinned by reusable spacecraft, so it was inevitable the company would cease production at some point. But the timing was not known, nor was his strategy of using the existing fleet for its full backlog of missions.
"Crew Dragon has flown five crews of government and private astronauts to space since 2020, when it flew its first pair of NASA astronauts and became the U.S. space agency's primary ride for getting humans to and from the International Space Station," notes Reuters.
Technology

Crypto Startup That Wants To Scan Everyone's Eyeballs Is Having Some Trouble (bloomberg.com) 56

Worldcoin -- the billion-dollar startup that wants to give cryptocurrency to every living human by imaging their eyes -- has recently halted operations in at least seven countries due to a host of logistical hurdles that have prompted it to redraw its launch plans. From a report: Co-founded in 2020 by former Y Combinator chief Sam Altman, Worldcoin aims to photograph the irises of everyone on earth in order to identify them so it can distribute its new digital money fairly. So far, the company has collected images of the eyes of hundreds of thousands of people in about 20 countries. But the process has been bedeviled by problems such as uneven smartphone access, confused users and fraud attempts.

Worldcoin has suspended its work in multiple countries after local contractors departed or regulations made doing business impossible. After technical challenges, it also instituted a new requirement that anyone signing up must have a smartphone -- limiting its reach in developing nations, which have been key to the company's vision. Worldcoin has also repeatedly delayed its target launch date, which is now set for later this year. Worldcoin co-founder and Chief Executive Officer Alex Blania said in an interview last week that these setbacks are the natural result of "very aggressive testing" for a young startup. The company has grown from 10 employees to 100 in the last year, Blania said, and it's still experimenting as it hones its operations. "You're still talking to a Series A company, not an Uber," he said. "Things are not perfect."

Transportation

US Eliminates Human Controls Requirement For Fully Automated Vehicles (reuters.com) 60

An anonymous reader quotes a report from Reuters: U.S. regulators on Thursday issued final rules eliminating the need for automated vehicle manufacturers to equip fully autonomous vehicles with manual driving controls to meet crash standards. Automakers and tech companies have faced significant hurdles to deploying automated driving system (ADS) vehicles without human controls because of safety standards written decades ago that assume people are in control. The rules revise (PDF) regulations that assume vehicles "will always have a driver's seat, a steering wheel and accompanying steering column, or just one front outboard passenger seating position."

"For vehicles designed to be solely operated by an ADS, manually operated driving controls are logically unnecessary," the agency said. The new rules, which were first proposed in March 2020, emphasize automated vehicles must provide the same levels of occupant protection as human-driven vehicles. NHTSA's rule says children should not occupy what is traditionally known as the "driver's" position, given that the driver's seating position has not been designed to protect children in a crash, but if a child is in that seat, the car will not immediately be required to cease motion. NHTSA said existing regulations do not currently bar deploying automated vehicles as long as they have manual driving controls, and as it continues to consider changing other safety standards, manufacturers may still need to petition NHTSA for an exemption to sell their ADS-equipped vehicles.

Music

LimeWire is Back - as an NFT Marketplace 25

LimeWire has announced it will relaunch as a "mainstream-ready, digital collectibles marketplace for art and entertainment, initially focusing on music" in May, confirming a Tuesday scoop by Slashdot that reported precisely the same thing. Engadget adds: Its backers believe that it will be a place for artists and fans to create and sell digital trinkets without the "technical hurdles of the current NFT landscape." It is hoping to partner with a raft of high-profile musicians in the hope of spreading word about LimeWire's resurrection in the hope of getting a million willing buyers signed up before the first year is done. The phrase of the day is ensuring that "NFT newbies" are well catered-for, offering easy signup, pricing in US dollars and a lack of any crypto-based gatekeeping. Users will be able to buy straight from their credit cards (or any other regular money) via Wyre's payment platform, which is also used by OpenSea. The company added that it is working with "top-tier artists" from the music world who will create content for the platform and also open lines of communication with willing fans.
Businesses

Softbank's Sale of ARM To Nvidia Collapses, ARM To IPO (reuters.com) 23

According to Reuters, SoftBank's sale of ARM to U.S. chipmaker Nvidia has collapsed. Instead, SoftBank is planning to proceed with an initial public offering (IPO) with ARM CEO Simon Segars expected to resign, handing the job to president Rene Haas. From the report: The deal, announced in 2020, had faced several regulatory hurdles. The U.S. Federal Trade Commission sued to block it in December, arguing that competition in the nascent markets for chips in self-driving cars and a new category of networking chips could be hurt if Nvidia carried out the purchase. The buyout is also under the scrutiny of British and EU regulators amid concerns that it could push up prices and reduce choice and innovation.

The sale would have marked an early exit from Arm for Softbank, which acquired it for $32 billion. Chief Executive Masayoshi Son has lauded the potential of Arm, but is slashing his stakes in major assets to raise cash. The Financial Times was the first to report that Softbank's Arm-Nvidia deal had collapsed. The Japanese investment giant would receive a break-up fee of up to $1.25 billion, FT quoted one of the people as saying.

EU

EU May Struggle To Fund $48 Billion Chips Act (appleinsider.com) 29

Europe's ambitious plans to quadruple processor production are facing problems securing the required $48 billion without disrupting state aid and other existing projects. Apple Insider reports: Following the US Senate's allocating of $52 billion to boost domestic semiconductor production, the European Union is aiming to make similar investment. However, under EU laws, funding is chiefly already committed to projects until 2027. Nonetheless, according to Bloomberg, EU internal market commissioner Thierry Breton, has said that the plans will be "commensurate" with the US. At the same time, Commission President Ursula von der Leyen said the total investment would be $48 billion.

Plans for the EU Chips Act are due to be published on February 8, 2022, but it is already known that it requires investment from both public and private resources. Bloomberg says that $30 billion has been earmarked from public sources, and the remainder will include at least $12 billion from private companies. It's not clear where the rest of the shortfall will come from, but reportedly according to documents seen by Bloomberg, the larger question is over the bulk of the public funding.

The investment allegedly depends on EU countries with already over-stretched budgets. It's also possible that previously allocated funds may be changed, plus there are concerns about the loosening of state aid rules in order to finance the plan. EU plans reportedly say that state aid, "must be necessary, appropriate and proportionate." They go on to say that the EU will monitor state aid use to ensure it doesn't "adversely affect trading conditions."

Medicine

In a First, Man Receives a Heart From a Genetically Altered Pig (nytimes.com) 91

An anonymous reader quotes a report from The New York Times: A 57-year-old man with life-threatening heart disease has received a heart from a genetically modified pig, a groundbreaking procedure that offers hope to hundreds of thousands of patients with failing organs. It is the first successful transplant of a pig's heart into a human being. The eight-hour operation took place in Baltimore on Friday, and the patient, David Bennett Sr. of Maryland, was doing well on Monday, according to surgeons at the University of Maryland Medical Center. "It creates the pulse, it creates the pressure, it is his heart," said Dr. Bartley Griffith, the director of the cardiac transplant program at the medical center, who performed the operation. "It's working and it looks normal. We are thrilled, but we don't know what tomorrow will bring us. This has never been done before."

The heart transplant comes just months after surgeons in New York successfully attached the kidney of a genetically engineered pig to a brain-dead person. Researchers hope procedures like this will usher in a new era in medicine in the future when replacement organs are no longer in short supply for the more than half a million Americans who are waiting for kidneys and other organs. "This is a watershed event," said Dr. David Klassen, the chief medical officer of the United Network for Organ Sharing and a transplant physician. "Doors are starting to open that will lead, I believe, to major changes in how we treat organ failure." But he added that there were many hurdles to overcome before such a procedure could be broadly applied, noting that rejection of organs occurs even when a well-matched human donor kidney is transplanted.

China

China's Locked Down City Thrown Into Chaos After Covid App Crash (bloomberg.com) 98

An anonymous reader quotes a report from Bloomberg: China's Covid-19 health code system that strictly governs people's movements crashed in Xi'an this week, worsening conditions in the locked-down city where the country's worst outbreak since Wuhan has been unfolding. The crash has complicated efforts to weed out cases through mass testing, created hurdles for people seeking care at hospitals and led to the suspension of a top official, the latest among a slew of bureaucrats to be punished as Beijing fumes over the situation.

Liu Jun, head of Xi'an's big-data bureau, was temporarily dismissed over performance failures, the municipal Communist Party Committee said in a statement. While the committee didn't explicitly lay out the reason behind its decision, it came after Xi'an's health code system -- which is under Liu's purview and tracks individuals' movements and vaccination status -- broke down on Tuesday. The system crash meant that locals were unable to access their Covid infection status after Xi'an embarked on a new widespread round of nucleic acid tests, according to a media report. The provincial government said in a statement later that the system was temporarily paralyzed due to overwhelming traffic, and being fixed. It had also experienced technical issues in December.
A pregnant women in Xi'an reportedly lost her baby after being refused entry to a hospital because she "couldn't show she was infection-free via the health code app," reports Bloomberg.

"A video posted Tuesday showing what appeared to be a woman bleeding on the sidewalk outside a hospital in Xi'an's Gaoxin district was trending on Weibo. Similar complaints and criticisms were seen elsewhere on Chinese social media as patients failed to get timely treatment at hospitals already overwhelmed by the virus."
Businesses

Approval For AMD's $35 Billion Xilinx Acquisition Slips To 2022 (tomshardware.com) 3

AMD's $35 billion acquisition of Xilinx is now expected to close in the first quarter of 2022, which is a few months after AMD and Xilinix's originally proposed closing of the deal before the end of 2021. Tom's Hardware reports: AMD has cleared regulatory hurdles in all but China. News filtered out earlier this month that AMD has filed certain undefined 'behavioral remedies' to appease Chinese regulators, and mid-month found news that China's antitrust agency, the State Administration for Market Regulation (SAMR), was still market-testing AMD's proposed remedies.

Here's AMD's statement on the matter: "We continue making good progress on the required regulatory approvals to close our transaction. While we had previously expected that we would secure all approvals by the end of 2021, we have not yet completed the process and we now expect the transaction to close in the first quarter of 2022. Our conversations with regulators continue to progress productively, and we expect to secure all required approvals. There are no additional changes to the previously announced terms or plans regarding the transaction and the companies continue to look forward to the proposed combination creating the industry's high-performance and adaptive computing leader."

Power

New Era Begins: Construction Starts on 47-Acre Fusion Reactor Funded by Google and Bill Gates (msn.com) 215

Heating plasma fuel to over 100 million degrees Celsius to create inexpensive and unlimited zero-emissions electricity "has been compared to everything from a holy grail to fool's gold..." writes the Boston Globe, "or an expensive delusion diverting scarce money and brainpower from the urgent needs of rapidly addressing climate change." [N]ow, after breakthroughs this year at MIT and elsewhere, scientists — and a growing number of deep-pocketed investors — insist that fusion is for real and could start sending power to electricity grids in about a decade.

To prove that, Commonwealth Fusion Systems, an MIT spinoff in Cambridge, is using a whopping $1.8 billion it raised in recent months from investors such as Bill Gates, Google, and a host of private equity firms to build a prototype of a specially designed fusion reactor on a former Superfund site in Devens. A host of excavators, backhoes, and other heavy machinery are clearing land there and laying concrete foundations on 47 acres of newly acquired land. "It may sound like science fiction, but the science of fusion is real, and the recent scientific advancements are game-changing," said Dennis Whyte, director of MIT's Plasma Science and Fusion Center and cofounder of Commonwealth Fusion Systems. "These advancements aren't incremental; they are quantum leap improvements. . . . We're in a new era of actually delivering real energy systems...."

There are now at least 35 companies trying to prove that fusion can be a practical power source, most of them established in the past decade, according to the three-year-old Fusion Industry Association. The promise of fusion was buoyed with significant developments this year. In May, scientists in China used their own specially designed tokamak to sustain a fusion reaction of 120 million degrees Celsius for 101 seconds, the longest on record. In September, Whyte's team at MIT and his colleagues at Commonwealth Fusion Systems demonstrated that, while using relatively low-cost materials that don't require a large amount of space, they could create the most powerful magnetic field of its kind on Earth, a critical component of the prototype reactor they're building in Devens.

"We have come a long way," said Bob Mumgaard, CEO of Commonwealth Fusion Systems, who compared their advance to similar breakthroughs that made flight possible. "We're a pretty conservative science bunch, but we're pretty confident." With some $2 billion raised in recent years — more than any of the other fusion startups — his company is racing to prove that their prototype, called SPARC, will produce more energy than it consumes in 2025. If they succeed, the company plans to start building their first power plant several years afterward. Ultimately, he said, their goal is to help build 10,000 200-megawatt fusion power plants around the world, enough to replace nearly all fossil fuels. "This is a solution that can scale to the size of the problem that decarbonization requires," he said.

Phil Warburg, a senior fellow at Boston University's Institute for Sustainable Energy, disagrees. "Fusion has been an elusive fantasy for a half-century or more," he tells the Boston Globe. "Along with the technical hurdles, the environmental downsides have not been seriously examined, and the economics are anything but proven... The current wave of excitement about fusion comes at a time when we've barely begun to tap the transformative potential of solar, wind, storage, and energy efficiency — all known to be technically viable, economically competitive, and scalable today. The environmental advocacy community needs to focus on vastly expanding those clean-energy applications, leaving fusion to the scientists until they've got something much more credible to show for their efforts."

But Elizabeth Turnbull Henry, president of the Environmental League of Massachusetts rejected the argument that fusion research detracts from investments in renewables as a "false choice.... We're at a very different moment now, and it's good to have a lot of different horses in the race."

The also article notes that officials at America's Nuclear Regulatory Commission told them federal officials are already holding meetings to discuss how they'd regulate fusion reactors.
Medicine

US To Require Vaccines For All Border Crossers In January 241

President Joe Biden will require essential, nonresident travelers crossing U.S. land borders, such as truck drivers, government and emergency response officials, to be fully vaccinated beginning on Jan. 22, the administration planned to announce Tuesday. The Associated Press reports: A senior administration official said the requirement, which the White House previewed in October, brings the rules for essential travelers in line with those that took effect earlier this month for leisure travelers, when the U.S. reopened its borders to fully vaccinated individuals. Essential travelers entering by ferry will also be required to be fully vaccinated by the same date, the official said. The rules pertain to non-U.S. nationals. American citizens and permanent residents may still enter the U.S. regardless of their vaccination status, but face additional testing hurdles because officials believe they more easily contract and spread COVID-19 and in order to encourage them to get a shot. [...] About 47 million adults in the U.S. remain unvaccinated, according to figures from the Centers for Disease Control and Prevention.
United States

The US Has Big, New Plans To Pull CO2 Out of the Air (theverge.com) 156

Despite the efforts of delegates at this month's climate summit in Glasgow, the world is still careening toward potentially catastrophic levels of global warming. Now, some countries and corporations are turning to new technologies to pull carbon out of the air. From a report: Today, the US Department of Energy (DOE) announced a bold new plan to make those technologies, called carbon dioxide removal (CDR) technologies, cost-effective and scalable with the launch of a new "Carbon Negative Shot" initiative. Through this initiative, the agency seeks to bring the cost of CDR down dramatically this decade -- to less than $100 a ton -- so that it can be deployed at a big enough scale to remove "gigatons," or billions of tons, of carbon dioxide from the atmosphere.

That is a hell of a lot of CO2 pollution. Sequestering one gigaton of carbon dioxide would amount to removing the pollution of about 250 million vehicles -- the US's entire light-duty fleet -- in one year, according to the DOE. With CDR technologies still in pretty early stages of development, there are significant hurdles to overcome before the DOE can do so. CDR is a suite of strategies aimed at drawing down CO2 to keep it from trapping heat in the atmosphere. Nature can do some of that for us -- trees and plants pull CO2 out of the air. There's also "direct air capture" technology that mimics that process using carbon-sucking machines, but it has yet to be deployed at a large scale.

Businesses

Giant Retailers Pledge To Leave Fossil-fueled Ships Behind (theverge.com) 96

Major retailers, including Amazon and Ikea, are beginning to clean up their shipping pollution. From a report: A group of companies pledged yesterday that by 2040, they'll only contract ships using zero-carbon fuels to move their goods. Both Ikea and Amazon were among the 15 companies responsible for the most maritime import pollution in 2019, according to one recent analysis. Joining Amazon and Ikea in the commitment are Unilever, Michelin, and clothing retailer Inditex, which owns Zara and other brands. German retailer Tchibo, Patagonia, sports gear company Brooks Running, and FrogBikes are part of the deal, too. The aim is to leave behind heavy fuel oil in favor of alternatives that don't release planet-heating carbon dioxide emissions. But there will still be plenty of hurdles ahead to rein in shipping pollution. "This will be a catalyzing force and a game-changer for the industry to really push for the decarbonization of the sector," says Kendra Ulrich, shipping campaigns director at the environmental nonprofit Stand.earth, which was one of the authors of the 2019 import pollution report.
United Kingdom

Ex-minister Predicts 'Huge Battleground' Over UK's Plan To Set Internet Content Rules (techcrunch.com) 46

The former UK minster of state for what is now the digital and culture department, DCMS, has warned of the looming battle in parliament over the exact shape of incoming online safety legislation. From a report: In an interview with TechCrunch, Ed Vaizey -- a former Conservative Party MP, now Lord Vaizey of Didcot, who was head of the culture, comms and creative industries department, as it was then, between 2010 and 2016 -- predicted a huge tug-of-war to influence the scope of the Online Safety Bill, warning that parliamentarians everywhere will try to hang their own "hobby horse" on it. The risk of over regulation or creating a disproportionate burden for startups vs tech giants is also real, Vaizey suggested, setting out several areas that he said would require a cautious approach.

"In theory it's just going to be the big platforms that will be regulated," he said of the scope of the Internet Safety Bill, which was published in draft form back in May -- and which critics are warning will be catastrophic for free speech. "Some platforms that should be regulated could potentially not be be regulated. But you're right that people are concerned that, in effect, there's a paradox -- that it could help the Facebooks of this world because the regulatory hurdles that get going might be too big. And if anyone is capable of being regulated it's Facebook, as opposed to a startup. So I think that's something we have to be very careful of. "Secondly, although I support the principle of legal but harmful content being regulated I have no doubt at all that that is going to be the big battle in parliament. The balance between legal but harmful free speech is going to be a huge battleground. And it will be interesting to see in what form it survives. And thirdly -- I think, paradoxically -- everyone is going to try and hang their own particular hobby horse on this piece of legislation."

Science

Firm Raises $15 Million To Bring Back Woolly Mammoth From Extinction (theguardian.com) 91

Ten thousand years after woolly mammoths vanished from the face of the Earth, scientists are embarking on an ambitious project to bring the beasts back to the Arctic tundra. From a report: The prospect of recreating mammoths and returning them to the wild has been discussed -- seriously at times -- for more than a decade, but on Monday researchers announced fresh funding they believe could make their dream a reality. The boost comes in the form of $15m raised by the bioscience and genetics company Colossal, co-founded by Ben Lamm, a tech and software entrepreneur, and George Church, a professor of genetics at Harvard Medical School who has pioneered new approaches to gene editing.

The scientists have set their initial sights on creating an elephant-mammoth hybrid by making embryos in the laboratory that carry mammoth DNA. The starting point for the project involves taking skin cells from Asian elephants, which are threatened with extinction, and reprogramming them into more versatile stem cells that carry mammoth DNA. The particular genes that are responsible for mammoth hair, insulating fat layers and other cold climate adaptions are identified by comparing mammoth genomes extracted from animals recovered from the permafrost with those from the related Asian elephants. These embryos would then be carried to term in a surrogate mother or potentially in an artificial womb. If all goes to plan -- and the hurdles are far from trivial -- the researchers hope to have their first set of calves in six years.

Bitcoin

Skepticism Grows Over El Salvador's Pioneering Plan to Adopt Bitcoin as Legal Tender (theguardian.com) 89

This week the Guardian reported that a "tumultuous few weeks" awaits El Salvador as it prepares to become the first country to adopt Bitcoin as legal tender on Tuesday. In August a research note by Bank of America enthused about the new law's ability to reduce the cost of cross-border transactions (remittances account for 20% of El Salvador's GDP), increase digital penetration in a country where 70% of people still do not use banks, and attract foreign investment as a first mover in cryptocurrency adoption. Since then, however, the verdict from international financial organisations — and El Salvadorans themselves — has turned decidedly pessimistic. "The law was adopted extremely quickly, without a technical study or a public debate," says Ricardo Castañeda, a local economist. "I don't think the president has fully understood the implications of the law, its potential to cause serious macroeconomic problems and convert the country into a haven for money laundering."

The regulatory framework for adoption has yet to be published and there are rumours of delays to the Chivo app. Bankers in the capital say they have received calls from anxious clients threatening to withdraw their deposits rather than risk exposure to the volatile cryptocurrency markets. The ratings agency Moody's downgraded El Salvadoran debt over fears of "weakened governance" evidenced by the new law, and the IMF — with which the government is negotiating a $1bn loan — published a blogpost highlighting the risks of adopting crypto as national currency. "The shift from euphoria to scepticism has been very fast," says Castañeda.

The potential benefits identified by the Bank of America are probably overstated. A paper by Johns Hopkins University says the cost of remittances via Bitcoin will be higher than traditional methods, and a July survey found that nearly two-thirds of El Salvadorans would not be open to accepting payment in Bitcoin. Eric Grill, CEO of Chainbytes, which produces Bitcoin ATMs, told the Guardian that his plan to relocate manufacturing to El Salvador had faced serious challenges in sourcing parts. Local geothermal energy experts say Bukele's plan to power energy-intensive Bitcoin mining activities from the country's volcanoes are wildly optimistic.

Reuters offered an update on Thursday. "In the main handicraft market of El Salvador's capital, traders complain that with a week to go before bitcoin becomes legal tender, no officials have come to explain how it will work or what benefits it may bring."
Iphone

LG Might Sell iPhones In Its Stores After Quitting Android Devices (androidauthority.com) 20

LG will reportedly start selling iPhones and iPads in its South Korean stores this August -- mere months after the company quit making Android devices. Android Authority reports: According to MacRumors, the Herald Economic Daily claims LG has struck a deal with Apple to sell the iPhone and iPad in 400 stores across South Korea starting in August. LG may have to overcome some hurdles to make this happen. The company reportedly signed a "win-win" agreement with the country's National Mobile Communication Distribution Association that bars it from selling a direct competitor's phones in its stores. That deal was made in 2018, however, or well before LG signaled that it would quit making phones and tablets. LG is supposedly planning to renegotiate the agreement once it officially sells the iPhone and iPad in its shops. The deal unsurprisingly wouldn't include Macs, as systems like the MacBook Air compete directly with the Gram series and other LG computers where the iPhone and iPad are relatively safe.
United States

Netflix Quietly a Huge Winner in Biden's Order Targeting Big Business (hollywoodreporter.com) 71

Netflix should welcome -- even celebrate -- the White House's efforts to promote competition. Why? Look closely. From a report: As just about everyone knows, the suits in Washington D.C. have it out for Big Tech these days. Listen to the cocktail conversations about antitrust reform. Or watch the marches into courtrooms where the main objective is to break 'em up. And now read the executive order being signed on Friday by President Joe Biden, determined to undercut these behemoths and shift power from corporate gatekeepers to American workers. Then again, one $235 billion company stands to benefit from Biden's move -- a tech giant that's convinced everyone it's not really a tech giant, the member of FAANG never invited to those grill sessions on Capitol Hill where lawmakers use tech executives as hamburger patties. Just how did Netflix get so lucky?

Netflix is far and away the leader in streaming these days. It's also the star that everyone in the entertainment business with a telescope has been watching with envy. The last few years have brought one nascent streaming service after another. Except to succeed, Hollywood studios have convinced themselves they need scale. And so, we see both vertical integration as well as horizontal consolidation. Now, through his executive order, Biden is directing federal agencies to get tougher on proposed mergers. Very solid and wise reasons exist for more vigorously blocking and even unwinding mergers. Nevertheless, one has to ask: What might be a side effect of putting up more formidable hurdles to large-scale transactions in the entertainment space? Arguably (and yes, these arguments are almost certain to be raised in future legal challenges to blocked mergers), Netflix's position as top dog becomes more entrenched. If the FTC takes Biden's tip and pulls back on Trump-era guidelines for vertical mergers, that could hurt Amazon's prospect for acquiring MGM and transforming its Prime service into Netflix's toughest competitor. (Not that FTC chair Lina Khan needs any more reasons to stick it to Amazon.) And if the DOJ begins scrutinizing proposed mergers for how they impact labor markets, that could hold ramifications for WarnerMedia-Discovery or any other future tie-up that could threaten Netflix's ability to win the streaming wars.

Transportation

Cathay Working On Single-Pilot System for Long-Haul (reuters.com) 94

schwit1 writes: Cathay Pacific is working with Airbus to introduce "reduced crew" long-haul flights with a sole pilot in the cockpit much of the time, industry sources told Reuters. The programme, known within Airbus as Project Connect, aims to certify its A350 jet for single-pilot operations during high-altitude cruise, starting in 2025 on Cathay passenger flights, the sources said. High hurdles remain on the path to international acceptance. Once cleared, longer flights would become possible with a pair of pilots alternating rest breaks, instead of the three or four currently needed to maintain at least two in the cockpit. That promises savings for airlines, amid uncertainty over the post-pandemic economics of intercontinental flying. But it is likely to encounter resistance from pilots already hit by mass layoffs, and safety concerns about aircraft automation.

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