"The FDIC sued 17 former executives and directors of Silicon Valley Bank on Thursday, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty," reports Reuters. The move comes almost two years after Silicon Valley Bank's March 2023 collapse, which shocked financial markets and ended up benefiting big players like JPMorgan Chase. From the report: In a complaint filed in San Francisco federal court, the... Read more ›
11
Google computer scientists have been using LLMs to streamline internal code migrations, achieving significant time savings of up to 89% in some cases. The findings appear in a pre-print paper titled "How is Google using AI for internal code migrations?" The Register reports: Their focus is on bespoke AI tools developed for specific product areas, such as Ads, Search, Workspace and YouTube, instead of generic AI tools that provide broadly... Read more ›
18
Longtime Slashdot reader tlhIngan writes: In what is perhaps the greatest irony ever, the operators of RedNote (known as Xiaohongshu) have decided to "wall off" US TikTok refugees fleeing to its service as the TikTok ban looms. The reason? The Chinese Communist Party (CCP) wants to prevent American influence from spreading to Chinese citizens. The ban is expected to be in place next week, while many believe that the influx... Read more ›
0
The U.S. Department of the Treasury's OFAC has sanctioned Yin Kecheng and Sichuan Juxinhe Network Technology Co. for their roles in a recent Treasury breach and espionage operations targeting U.S. telecommunications. BleepingComputer reports: "Yin Kecheng has been a cyber actor for over a decade and is affiliated with the People's Republic of China Ministry of State Security (MSS)," reads the Treasury's announcement. "Yin Kecheng was associated with the recent compromise... Read more ›
0
An anonymous reader quotes a report from the New York Times: A Russian organization linked to the Kremlin's covert influence campaigns posted more than 8,000 political advertisements on Facebook despite European and American restrictions barring companies from doing business with the organization, according to three organizations that track disinformation online. The Russian group, the Social Design Agency, evaded lax enforcement by Facebook to place an estimated $338,000 worth of ads... Read more ›
9
Longtime Slashdot reader sfcat shares a report from the Associated Press: Hundreds of people were ordered to evacuate and part of Highway 1 in Northern California was closed when a major fire erupted Thursday afternoon at one of the world's largest battery storage plants. As the fire sent up towering flames and black smoke and showed no sign of easing by Thursday night, about 1,500 people were instructed to leave... Read more ›
17
Microsoft's $13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent AI market, the Federal Trade Commission said in a report released Friday. From a report: The commission said Microsoft's deal with OpenAI, as well as Amazon and Google's partnerships with AI company Anthropic, raise the risk that AI developers could be "fully acquired" by the tech giants in... Read more ›
26
An anonymous reader shares a report: FBI leaders have warned that they believe hackers who broke into AT&T's system last year stole months of their agents' call and text logs, setting off a race within the bureau to protect the identities of confidential informants, a document reviewed by Bloomberg News shows. FBI officials told agents across the country that details about their use on the telecom carrier's network were believed... Read more ›
6
Sony's PlayStation has canceled previously unannounced games at two of its top subsidiaries, the company said. From a report: The games, at Oregon-based Bend Studio and Texas-based Bluepoint Games, were both "live service" projects designed to draw recurring revenue from players. A company spokesperson confirmed the cancellations. In a statement, the spokesperson said the two games were canceled "following a recent review" and that PlayStation will continue making both online... Read more ›
2
Microsoft began mandatory rollouts of the Windows 11 2024 Update (24H2) for eligible devices running Home and Pro editions, the company announced on its Windows 11 issues page. The update, which Microsoft describes as a "full code swap," requires longer installation times, with users reporting processes exceeding an hour. While users can briefly postpone the installation, the company is now pushing updates to mainstream users not managed by IT departments.... Read more ›
38
George Zhao, the chief executive of Chinese smartphone firm Honor, has resigned from his position due to personal reasons, the company said on Friday. CNBC: "The company and the Board of Directors sincerely appreciate Mr Zhao's outstanding contributions to the company during his tenure," Honor said in a statement. Jian Li, who's been at Honor for four years in various senior management positions, will succeed Zhao as CEO. In an... Read more ›
13
Google says it has begun requiring users to turn on JavaScript, the widely-used programming language to make web pages interactive, in order to use Google Search. From a report: In an email to TechCrunch, a company spokesperson claimed that the change is intended to "better protect" Google Search against malicious activity, such as bots and spam, and to improve the overall Google Search experience for users. The spokesperson noted that,... Read more ›
0
Microsoft researchers who tested more than 100 of the company's AI products concluded that AI systems can never be made fully secure, according to a new pre-print paper. The 26-author study, which included Azure CTO Mark Russinovich, found that large language models amplify existing security risks and create new vulnerabilities. While defensive measures can increase the cost of attacks, the researchers warned that AI systems will remain vulnerable to threats... Read more ›
27
Compliance software firms are deploying AI to decode complex trader communications and detect potential financial crimes as Wall Street and London regulators intensify scrutiny of market manipulation. Companies like Behavox and Global Relay are developing AI tools that can interpret trader slang, emoji-laden messages and even coded language that traditional detection systems might miss, WSJ reports. The technology aims to replace older methods that relied on scanning for specific trigger... Read more ›
9
Canon is requiring users to pay a monthly subscription fee to fully use their cameras as webcams on computers. The company's new EOS Webcam Utility software restricts features like HD resolution, brightness adjustments and color correction unless users pay $4.99 monthly or $49.99 annually. Read more of this story at Slashdot. Read more ›
0
An anonymous reader shares a report: The Supreme Court on Friday unanimously upheld the federal law banning TikTok beginning Sunday unless it's sold by its China-based parent company, holding that the risk to national security posed by its ties to China overcomes concerns about limiting speech by the app or its 170 million users in the United States. A sale does not appear imminent and, although experts have said the... Read more ›
30
Tech news and research site SemiAccurate is reporting that an unidentified company is seeking to acquire Intel in its entirety. The publication -- citing a confidential email that it reviewed and a subsequent confirmation from a second source -- said the prospective buyer has not publicly disclosed its interest but has sufficient resources to purchase Intel at current valuations. Read more of this story at Slashdot. Read more ›
5
Scientists warn that the devastating fires that killed at least 24 people and destroyed more than 12,000 structures in Los Angeles represent a new type of urban firestorm, distinct from traditional wilderness blazes. In densely populated areas, buildings themselves become fuel, creating a chain reaction of destruction, researchers reported Friday in Nature. The fires were intensified by steep terrain, powerful winds and a climate pattern of extreme wet-to-dry conditions that... Read more ›
0
Indonesia plans to issue a regulation to set a minimum age for users of social media, a move aimed at protecting children, its communications minister has said. From a report: The plans follows Australia's decision to ban children under 16 from accessing social media, with fines for tech giants from Instagram and Facebook owner Meta to TikTok if they failed to prevent children accessing their platforms. Minister Meutya Hafid did... Read more ›
1
The FTC announced Thursday that it's banned General Motors and its subsidiary OnStar from selling customer geolocation and driving behavior data for five years. The Verge reports: The settlement comes after a New York Times investigation found that GM had been collecting micro-details about its customers' driving habits, including acceleration, braking, and trip length -- and then selling it to insurance companies and third-party data brokers like LexisNexis and Verisk.... Read more ›
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01.07.2026 04:58
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