China now generates well over twice as much electricity as the United States. The country's economy has become substantially larger than America's in real terms, measured at purchasing power parity, economist Paul Krugman wrote this week. The Trump administration has moved aggressively against renewable energy development. It rolled back Biden's tax incentives for renewables through the One Big Beautiful Bill. The administration is attempting to stop a nearly completed offshore wind farm that could power hundreds of thousands of homes. It canceled $7 billion in grants for residential solar panels. A solar energy project that would have powered almost 2 million homes was killed. The administration canceled $8 billion in clean energy grants, mostly in Democratic states, and is reportedly planning to cancel tens of billions more. Energy Secretary Chris Wright said solar power is unreliable because "you have to have power when the sun goes behind a cloud and when the sun sets, which it does almost every night."

California has already integrated substantial solar power into its grid through battery storage technology. Republican support for higher education has collapsed over the past decade, according to polling data. The administration has also targeted vaccines and research in multiple areas. Krugman argues that by 2028 America will have fallen so far behind China that it is unlikely to catch up.

The U.S. Department of Justice seized about $15 billion in bitcoin from wallets tied to Chen Zhi, founder of Cambodia's Prince Holding Group, who is accused of running one of the world's biggest "pig butchering" scams. Prosecutors say Zhi's network trafficked people into forced-labor scam compounds that defrauded victims worldwide through fake crypto investment schemes. CNBC reports: The seizure is the largest forfeiture action by the DOJ in history. An indictment charging the alleged pig butcher, Chen Zhi, was unsealed Tuesday in federal court in Brooklyn, New York. Zhi, who is also known as "Vincent," remains at large, according to the U.S. Attorney's Office for the Eastern District of New York. He was identified in court filings as the founder and chairman of Prince Holding Group, a multinational business conglomerate based in Cambodia, which prosecutors said grew "in secret .... into one of Asia's largest transnational criminal organizations. [...]

The scams duped people contacted via social media and messaging applications online into transferring cryptocurrency into accounts controlled by the scheme with false promises that the crypto would be invested and produce profits, according to the office. "In reality, the funds were stolen from the victims and laundered for the benefit of the perpetrators," the release said. "The scam perpetrators often built relationships with their victims over time, earning their trust before stealing their funds."

Prosecutors said that hundreds of people were trafficked and forced to work in the scam compounds, "often under the threat of violence." Zhi and a network of top executives in the Prince Group are accused of using political influence in multiple countries to protect their criminal enterprise and paid bribes to public officials to avoid actions by law enforcement authorities targeting the scheme, according to prosecutors.

An anonymous reader shares a report: An attorney in a New York Supreme Court commercial case got caught using AI in his filings, and then got caught using AI again in the brief where he had to explain why he used AI, according to court documents filed earlier this month.

New York Supreme Court Judge Joel Cohen wrote in a decision granting the plaintiff's attorneys' request for sanctions that the defendant's counsel, Michael Fourte's law offices, not only submitted AI-hallucinated citations and quotations in the summary judgment brief that led to the filing of the plaintiff's motion for sanctions, but also included "multiple new AI-hallucinated citations and quotations" in the process of opposing the motion.

"In other words," the judge wrote, "counsel relied upon unvetted AI -- in his telling, via inadequately supervised colleagues -- to defend his use of unvetted AI."

The case itself centers on a dispute between family members and a defaulted loan. The details of the case involve a fairly run-of-the-mill domestic money beef, but Fourte's office allegedly using AI that generated fake citations, and then inserting nonexistent citations into the opposition brief, has become the bigger story.

OpenAI and Broadcom are working together to develop and deploy 10 gigawatts of custom AI chips and computing systems over the next four years, a high-profile partnership aimed at satisfying some of the startup's immense computing needs. From a report: OpenAI plans to design its own graphics processing units, or GPUs, which will allow it to integrate what it has learned from developing powerful artificial-intelligence models into the hardware that underpins future systems. As part of the agreement announced Monday, the chips will be co-developed by OpenAI and Broadcom and deployed by the chip company starting in the second half of next year. The new agreement will be worth multiple billions of dollars, people familiar with the matter said.

Broadcom specializes in designing custom AI chips that are specifically tailored to certain artificial-intelligence applications. It began working with OpenAI on creating a custom chip 18 months ago, and the companies broadened their partnership to include work on related components, including server racks and networking equipment.

"I'm here to say we have to give these AI bubble predictions a rest," says Yahoo Finance executive editor Brian Sozzi. First of all, AI is a real technology being deployed in real ways inside of Corporate America. Second, this technology is requiring more physical assets in the ground — which are being built to support AI's real-world application. What Zach Dell (son of Michael Dell) is working on at startup Base Power (which just raised $1 billion) impressed me this week. It's addressing a key issue — power availability and costs in part because of rising stress on the grid due to AI development.

Next, the spending on AI infrastructure doesn't strike me as reckless. I talk to CFOs and they walk me through their thinking, which seems logical. They aren't foaming at the mouth with wild-eyed predictions of grandeur similar to the late '90s. Plus, the tech giants making the biggest AI investments are fueling their ambitions by cash on hand — not loading up balance sheets with debt. The upstarts in AI are well funded, not being 100% stupid in their organizational build-outs. They're working on tangible technology that has actual orders behind it...

Lastly here in my scolding of the AI worrywarts is that valuations don't support the warning calls. According to new research out of Goldman Sachs this week, the median forward P/E ratio across the Magnificent Seven is 27 times, or 26 times if excluding Tesla (TSLA), which has a much higher multiple than the other companies. This is roughly half the equivalent valuation of the biggest seven companies in the late 1990s, while the dominant companies in Japan (mostly banks) traded at higher valuations still. What's more, the current enterprise-to-sales ratios are also much lower than those of the dominant companies in the late 1990s.

"So it is true that valuations are high but, in our view, generally not at levels that are as high as are typically seen at the height of a financial bubble," said Goldman Sachs strategist Peter Oppenheimer.

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."

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

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

Susumu Kitagawa, Richard Robson, and Omar M. Yaghi were awarded the Nobel Prize in Chemistry on Wednesday for the development of molecular building blocks with spaces large enough that gases and other chemicals can flow through them. The New York Times: The cavities on the inside are "almost like rooms in a hotel, so that guest molecules can enter and also exit again from the same material," Heiner Linke, chair of the Nobel Committee for Chemistry, said during the announcement of the award. The laureates' discoveries, he added, pave the way for the creation of materials that can separate toxic chemicals from wastewater or harvest water molecules in a desert.

The laureates' work started with experiments by Dr. Robson in the 1980s and gradually developed over a period of about 15 years. "It takes time for science to be recognized, and it takes multiple workers in the field with different approaches," said Dorothy Phillips, president of the American Chemical Society. The three laureates will share a prize of 11 million Swedish kronor, or around $1.17 million.

Nvidia CEO Jensen Huang said Wednesday that he's surprised Advanced Micro Devices offered 10% of itself to OpenAI as part of a multibillion-dollar partnership announced earlier this week. From a report: "t's imaginative, it's unique and surprising, considering they were so excited about their next generation product," Huang said in an interview with "CNBC's Squawk Box."

"I'm surprised that they would give away 10% of the company before they even built it. And so anyhow, it's clever, I guess." OpenAI and AMD reached a deal on Monday, with OpenAI committing to purchase 6 gigawatts worth of AMD chips over multiple years, including its forthcoming MI450 series. As part of the agreement, OpenAI will receive warrants for up to 160 million AMD shares, with vesting milestones based on deployment volume and AMD's share price.

An anonymous reader quotes a report from Ars Technica: Smartphone processor and modem maker Qualcomm is acquiring Arduino, the Italian company known mainly for its open source ecosystem of microcontrollers and the software that makes them function. In its announcement, Qualcomm said that Arduino would "[retain] its brand and mission," including its "open source ethos" and "support for multiple silicon vendors." Qualcomm didn't disclose what it would pay to acquire Arduino. The acquisition also needs to be approved by regulators "and other customary closing conditions."

The first fruit of this pending acquisition will be the Arduino Uno Q, a Qualcomm-based single-board computer with a Qualcomm Dragonwing QRB2210 processor installed. The QRB2210 includes a quad-core Arm Cortex-A53 CPU and a Qualcomm Adreno 702 GPU, plus Wi-Fi and Bluetooth connectivity, and combines that with a real-time microcontroller "to bridge high-performance computing with real-time control." "Arduino will retain its independent brand, tools, and mission, while continuing to support a wide range of microcontrollers and microprocessors from multiple semiconductor providers as it enters this next chapter within the Qualcomm family," Qualcomm said in its press release. "Following this acquisition, the 33M+ active users in the Arduino community will gain access to Qualcomm Technologies' powerful technology stack and global reach. Entrepreneurs, businesses, tech professionals, students, educators, and hobbyists will be empowered to rapidly prototype and test new solutions, with a clear path to commercialization supported by Qualcomm Technologies' advanced technologies and extensive partner ecosystem."

CNBC notes in its reporting that this acquisition gives Qualcomm "direct access to the tinkerers, hobbyists and companies at the lowest levels of the robotics industry." From the report: Arduino products can't be used to build commercial products but, with chips preinstalled, they're popular for testing out a new idea or proving a concept. Qualcomm hopes that Arduino can help it gain loyalty and legitimacy among startups and builders as robots and other devices increasingly need more powerful chips for artificial intelligence. When some of those experiments become products, Qualcomm wants to sell them its chips commercially.

Police arrested 33-year-old Joseph Mayuyo after a series of online threats forced TikTok to evacuate its Culver City headquarters. TechCrunch reports: A press release from the Culver City Police Department says that TikTok employees reported receiving multiple threats, across various social media platforms, from 33-year-old Hawthorne resident Joseph Mayuyo. After an additional message threatened TikTok's Culver City headquarters, police say company security evacuated the office "out of an abundance of caution."

Police then investigated Mayuyo's home, according to the press release. During the investigation, he allegedly posted additional threatening statements, including one declaring that he would not be taken alive. Detectives obtained search and arrest warrants, and they negotiated with Mayuyo for 90 minutes before he voluntarily exited his home and was taken into custody, the police department says.

Business Insider reports that one TikTok employee described the threats as "really scary," while another was concerned that they seemed to specifically target the e-commerce department. Mayuyo's X account has reportedly been suspended for violating the platform's hateful content policy. A Medium account under his name published a post in July criticizing TikTokShop USA as a "scam."

An anonymous reader shares a report: Pay-advance apps are marketed as a way to help workers living paycheck to paycheck pay for unexpected expenses, but workers are often using the apps to manage basic expenses like groceries, rent and other needs, a new report found. The tools, consumer advocates say, can carry costs akin to those of traditional payday loans.

An analysis of anonymous data found worrisome behavior among users of the apps, including quick increases in the number of advances, advances from multiple apps at the same time and more frequent bank overdraft fees. "These findings reveal persistent patterns of financial strain that raise serious concerns about the long-term effects of these loans," said the report from the Center for Responsible Lending, a nonprofit consumer advocacy group. The group analyzed data from SaverLife, a nonprofit that promotes saving and sound financial practices among people with low or moderate incomes. The analysis found that heavy users of the apps paid $421, on average, in total loan and overdraft fees over a year, or almost triple the average paid by moderate users.

Deloitte will partially refund payment for an Australian government report that contained multiple errors after admitting it was partly produced by AI [non-paywalled source]. From a report: The Big Four accountancy and consultancy firm will repay the final instalment of its government contract after conceding that some footnotes and references it contained were incorrect, Australia's Department of Employment and Workplace Relations said on Monday. The department had commissioned a A$439,000 ($290,300) "independent assurance review" from Deloitte in December last year to help assess problems with a welfare system for automatically penalising jobseekers.

The Deloitte review was first published earlier this year, but a corrected version was uploaded on Friday to the departmental website. In late August the Australian Financial Review reported that the document contained multiple errors, including references and citations to non-existent reports by academics at the universities of Sydney and Lund in Sweden. The substance of the review and its recommendations had not changed, the Australian government added. The contract will be made public once the transaction is completed, it said.

Fortune tested the AI Friend necklace for two weeks and found it struggled to perform its basic function. The $129 pendant missed conversations entirely during the author's breakup call and could only offer vague questions about "fragments" when she tried to ask for advice. The device lagged seven to ten seconds behind her speech and frequently disconnected. The author had to press her lips against the pendant and repeat herself multiple times to get coherent replies. After a week and a half the necklace forgot her name and later misremembered her favorite color.

The startup has raised roughly seven million dollars in venture capital for the product and spent a large portion on eleven thousand subway posters across the MTA system. Sales reached three thousand units but only one thousand have shipped. The company brought in slightly under four hundred thousand dollars in revenue. The startup told Fortune he deliberately "lobotomized" the AI's personality after receiving complaints. The terms of service require arbitration in San Francisco and grant the company permission to collect audio and voice data for AI training.

If we could remove the 50 most concerning pieces of space debris in low-Earth orbit, there'd be a 50% reduction in the overall debris-generating potential, reports Ars Technica. That's according to Darren McKnight, lead author of a paper presented Friday at the International Astronautical Congress in Sydney, which calculated the objects most likely to collide with other fragments and create more debris. (Russia and the Soviet Union lead with 34 objects, followed by China with 10, the U.S. with three, Europe with two, and Japan with one.) Even just the top 10 were removed, the debris-generating potential drops by 30%.

"The things left before 2000 are still the majority of the problem," he points out, and "76% of the objects in the top 50 were deposited last century." 88% of the objects are post-mission rocket bodies left behind to hurtle through space. "The bad news is, since January 1, 2024, we've had 26 rocket bodies abandoned in low-Earth orbit that will stay in orbit for more than 25 years," McKnight told Ars... China launched 21 of the 26 hazardous new rocket bodies over the last 21 months, each averaging more than 4 metric tons (8,800 pounds). Two more came from US launchers, one from Russia, one from India, and one from Iran. This trend is likely to continue as China steps up deployment of two megaconstellations — Guowang and Thousand Sails — with thousands of communications satellites in low-Earth orbit.

Launches of these constellations began last year. The Guowang and Thousand Sails satellites are relatively small and likely capable of maneuvering out of the way of space debris, although China has not disclosed their exact capabilities. However, most of the rockets used for Guowang and Thousand Sails launches have left their upper stages in orbit. McKnight said nine upper stages China has abandoned after launching Guowang and Thousand Sails satellites will stay in orbit for more than 25 years, violating the international guidelines.

It will take hundreds of rockets to fully populate China's two major megaconstellations. The prospect of so much new space debris is worrisome, McKnight said. "In the next few years, if they continue the same trend, they're going to leave well over 100 rocket bodies over the 25-year rule if they continue to deploy these constellations," he said. "So, the trend is not good...." Since 2000, China has accumulated more dead rocket mass in long-lived orbits than the rest of the world combined, according to McKnight. "But now we're at a point where it's actually kind of accelerating in the last two years as these constellations are getting deployed."
A deputy head of China's national space agency recently said China is "currently researching" how to remove space debris from orbit, according to the article. ("One of the missions China claims is testing space debris mitigation techniques has docked with multiple spacecraft in orbit, but U.S. officials see it as a military threat. The same basic technologies needed for space debris cleanup — rendezvous and docking systems, robotic arms, and onboard automation — could be used to latch on to an adversary's satellite.")

"Recent attacks show that hackers keep using the same tricks to sneak bad code into popular software registries," writes long-time Slashdot reader selinux geek, suggesting that "the real problem is how these registries are built, making these attacks likely to keep happening." After all, npm wasn't the only software library hit by a supply chain attack, argues the Linux Security blog. "PyPI and Docker Hub both faced their own compromises in 2025, and the overlaps are impossible to ignore." Phishing has always been the low-hanging fruit. In 2025, it wasn't just effective once — it was the entry point for multiple registry breaches, all occurring close together in different ecosystems... The real problem isn't that phishing happened. It's that there weren't enough safeguards to blunt the impact. One stolen password shouldn't be all it takes to poison an entire ecosystem. Yet in 2025, that's exactly how it played out...

Even if every maintainer spotted every lure, registries left gaps that attackers could walk through without much effort. The problem wasn't social engineering this time. It was how little verification stood between an attacker and the "publish" button. Weak authentication and missing provenance were the quiet enablers in 2025... Sometimes the registry itself offers the path in. When the failure is at the registry level, admins don't get an alert, a log entry, or any hint that something went wrong. That's what makes it so dangerous. The compromise appears to be a normal update until it reaches the downstream system... It shifts the risk from human error to systemic design.

And once that weakly authenticated code gets in, it doesn't always go away quickly, which leads straight into the persistence problem... Once an artifact is published, it spreads into mirrors, caches, and derivative builds. Removing the original upload doesn't erase all the copies... From our perspective at LinuxSecurity, this isn't about slow cleanup; it's about architecture. Registries have no universally reliable kill switch once trust is broken. Even after removal, poisoned base images replicate across mirrors, caches, and derivative builds, meaning developers may keep pulling them in long after the registry itself is "clean."
The article condlues that "To us at LinuxSecurity, the real vulnerability isn't phishing emails or stolen tokens — it's the way registries are built. They distribute code without embedding security guarantees. That design ensures supply chain attacks won't be rare anomalies, but recurring events."BR>
So in a world where "the only safe assumption is that the code you consume may already be compromised," they argue, developers should look to controls they can enforce themselves:

• Verify artifacts with signatures or provenance tools.
• Pin dependencies to specific, trusted versions.
• Generate and track SBOMs so you know exactly what's in your stack.
• Scan continuously, not just at the point of install.

The Cybersecurity Information Sharing Act expired on Wednesday when the federal government shut down. The law had provided legal protections since 2015 for organizations to share cyber threat intelligence with federal agencies. Without these protections, private sector companies that control most U.S. critical infrastructure face potential legal risks when sharing information about threats. Sen. Gary Peters called the lapse "an open invitation to cybercriminals and hostile actors to attack our economy and our critical infrastructure."

The intelligence sharing enabled by CISA 2015 helped expose Chinese campaigns including Volt Typhoon in 2023 and Salt Typhoon last year. Several cybersecurity firms pledged to continue sharing threat data despite the law's expiration. Halcyon and CrowdStrike confirmed they would maintain information sharing. Palo Alto Networks said it remained committed to public-private partnerships but did not specify whether it would continue sharing threat data. Multiple bipartisan reauthorization efforts failed before the shutdown. The House Homeland Security Committee had approved a 10-year extension last month.

Bruce66423 shares a report from The Guardian: Those diagnosed as small children typically have distinct genetic profile from those diagnosed later, [finds an international study based on genetic data from more than 45,000 autistic people in Europe and the U.S]. So, there's more than one condition out there that's being diagnosed as "autism." This, of course, messes with the debate about causes; one version of autism may be caused by something for which the evidence is very weak overall. "The term 'autism' likely describes multiple conditions," said Dr Varun Warrier, from Cambridge's department of psychiatry, senior author of the research. "For the first time, we have found that earlier and later diagnosed autism have different underlying biological and developmental profiles."

"It is a gradient," added Warrier. "There are also many other factors that contribute to age of diagnosis, so the moment you go from averages to anything that is applicable to an individual, it's false equivalency."

The analysis has been published in the journal Nature.

An anonymous reader quotes a report from the BBC: A Chinese national has been convicted following an international fraud investigation which resulted in what's believed to be the single largest cryptocurrency seizure in the world. The Metropolitan Police says it recovered 61,000 bitcoin worth more than $6.7 billion in current prices. Zhimin Qian, also known as Yadi Zhang, pleaded guilty on Monday at Southwark Crown Court of illegally acquiring and possessing the cryptocurrency. A second person appeared in court on Tuesday to admit to their role in the scheme.

Malaysian national Seng Hok Ling, of Matlock, Derbyshire, pleaded guilty at Southwark Crown Court of entering into a money laundering arrangement on or before April 23, 2024. According to the charge, he had been dealing in cryptocurrency on Qian's behalf, "knowing or suspecting his actions would facilitate the acquisition or control of criminal property by another." Between 2014 and 2017 Qian led a large-scale scam in China which involved cheating more than 128,000 victims and storing the stolen funds in bitcoin assets, the Met said in a statement.

It said the 47-year-old's guilty plea followed a seven-year probe into a global money laundering web which began when it got a tipoff about the transfer of criminal assets. Qian had been "evading justice" for five years up to her arrest, which required a complex investigation involving multiple jurisdictions, said Detective Sergeant Isabella Grotto, who led the Met's investigation. She fled China using false documents and entered the UK, where she attempted to launder the stolen money by buying property, said the Met. "By pleading guilty today, Ms Zhang hopes to bring some comfort to investors who have waited since 2017 for compensation, and to reassure them that the significant rise in cryptocurrency values means there are more than sufficient funds available to repay their losses," said Qian's solicitor Roger Sahota, of Berkeley Square Solicitors.

"Bitcoin and other cryptocurrencies are increasingly being used by organised criminals to disguise and transfer assets, so that fraudsters may enjoy the benefits of their criminal conduct," added deputy chief Crown prosecutor, Robin Weyell. "This case, involving the largest cryptocurrency seizure in the UK, illustrates the scale of criminal proceeds available to those fraudsters."

An anonymous reader shares a report: Boeing is planning a new single-aisle airplane that would succeed the 737 MAX, according to people familiar with the matter, a long-term bid to recover business lost to rival Airbus during its series of safety and quality problems. Earlier this year, Chief Executive Kelly Ortberg met with officials from Rolls-Royce in the U.K., two of the people said, where they discussed a new engine for the aircraft. Ortberg appointed a new senior product chief in Boeing's commercial plane business, whose prior role was developing a new type of aircraft.

Boeing has also been designing the flight deck of a new narrow-body aircraft, according to a person familiar with the plans. This new aircraft is in early-stage development and plans are still taking shape, some of the people said. Boeing's plans represent a shift for the company, which had put some new aircraft development work on the back burner while it navigated multiple challenges. They are also a sign that the company is betting that a cutting-edge plane design could power its business for the next few decades.