An anonymous reader quotes a report from the Wall Street Journal: A battle of insults and threats has broken out between the tech world and Wall Street. What's got everyone so worked up? The same thing that starts most fights: business software. A series of social-media posts went viral in recent days with claims that AI has created a worthy -- and way cheaper -- alternative to the Bloomberg terminal, a computer system that is like oxygen to professional investors. Now "Bloomberg is cooked," some posters argued as they heralded the arrival of a newly released AI tool from startup Perplexity. [...]

The finance bros who worship at the altar of Bloomberg have declared war on the tech evangelists who have put all their faith in AI. To suggest that the terminal is replaceable is "laughable," said Jason Lemire, who jumped into the conversation on LinkedIn. (Ironically or not, his post also included an AI-generated image of churchgoers praying to the Bloomberg terminal). "It seems quite obvious to me that those propagating that post are either just looking for easy engagement and/or have never worked in a serious financial institution," he wrote. [...] Morgan Linton, the co-founder and CTO of AI startup Bold Metrics and an avid Perplexity Computer user, said it's rare for a single AI prompt to generate anything close to what Bloomberg does. That said, he added that tools like this can lay "a really good foundation for a financial application. And that really has not been possible before."

Others aren't so sure. Michael Terry, an institutional investment manager who used the terminal for more than 30 years, said he used a prompt circulating online to try to vibe code a Bloomberg replica on Anthropic's Claude. "It was laughable at best, horrific at worst," he said. Shevelenko acknowledged there are some aspects of the terminal that can't be replicated with vibe coding, including some of Bloomberg's proprietary data inputs. The live chat network, which includes 350,000 financial professionals in 184 countries, would also be hard to re-create, as well as the terminal's data security, reliability and robust support system. "I love Bloomberg. And I know most people that use Bloomberg are very, very loyal and extremely happy," said Lemire. His message to the techies? "There's nothing that you can vibe code in a weekend or even like over the course of a year that's going to come anywhere close."

Apple has quietly announced the AirPods Max 2, featuring improved active noise cancellation, an H2 chip, and new features like adaptive audio and AI-powered real-time translation. Like the original model, these headphones start at $549. The Verge reports: As noted by Apple, the AirPods Max 2 offer active noise-cancellation that's 1.5 times more effective when compared to its predecessor. Transparency mode, which allows you to hear your surroundings while wearing the headphones, also sounds "more natural" with the AirPods Max 2, according to Apple.

The AirPods Max 2 support 24-bit, 48kHz lossless audio when connected with a USB-C cable, as well as offer up to 20 hours of listening time on a single charge. Other capabilities include loud sound reduction, a camera remote feature that works by pressing the digital crown to take a photo or start a recording, as well as a personalized volume feature that "automatically fine-tunes the listening experience" based on your preferences over time.

AI infrastructure company Nebius signed a deal to provide up to $27 billion in AI computing capacity to Meta over the next five years, including a guaranteed $12 billion purchase by 2027. Reuters reports: Under the agreement, Meta will also buy an additional $15 billion worth of capacity planned by Nebius over the coming five years if it is not sold to other customers, giving the contract a total value of up to $27 billion, Nebius said. The deal is the latest example of U.S. tech giants' efforts to supplement their own AI data-centre build-outs by locking in scarce GPU and power capacity from "neocloud" providers like Nebius. Nebius CEO Arkady Volozh said the latest Meta deal would help "accelerate the build-out and growth of our core AI cloud business." Further reading: Data Centers Overtake Offices In US Construction-Spending Shift

An anonymous reader quotes a report from Bloomberg: Spending on data center projects in the U.S. has exploded, surpassing offices for the first time at the end of last year. It's a trend Matt Kunz saw early on when Meta built a computing hub outside Columbus, Ohio. Other tech companies soon swarmed into the area, drawn by its stable economy, university talent pipeline and ample power, water and land, said Kunz, vice president and general manager at Turner Construction Co., the firm that led Meta's build-out. Since Meta broke ground in 2017, it's expanded its data center campus, and Amazon.com Inc., Alphabet Inc.'s Google and Microsoft Corp. made plans to join it nearby.

"When one shows up, almost all the other ones tend to follow," Kunz said. For Turner, a construction giant responsible for supertall office skyscrapers, sports stadiums and cultural venues around the globe, data centers are commanding more of its bandwidth. The company completed $9.4 billion of the projects last year, more than five times its 2020 total. Last month, Turner announced it was chosen as one of the contractors on a $10 billion data center for Meta in Indiana. Tech companies' needs for AI processing facilities have made data centers the latest darling of the real estate industry. The properties are figuring heavily into portfolios of major investors such as Blackstone, Brookfield Asset Management and KKR, on a bet that long-term demand for computing power will continue to grow. At the same time, office development has slowed as cities across the U.S. contend with vacancies that have piled up since the Covid lockdowns.

Construction spending for data centers has climbed steadily in recent years, while outlays for general office projects headed downward, U.S. Census data show. The two crossed paths in December, with roughly $3.57 billion spent on data centers that month, compared with $3.49 billion for offices, according to preliminary estimates. The shift is likely to continue and "may perpetuate itself even further as AI is utilized for automating day-to-day jobs," said Andy Cvengros, co-lead of U.S. data center markets for the brokerage Jones Lang LaSalle Inc. "It's going to directly impact the amount of office space people need." According to Christopher McFadden, senior vice president at Turner, more than a third of the company's backlog is now tied to data centers.

"We're going to be building these at this scale for years to come," McFadden said. "There's a lot of wind in the sail."

Uber co-founder Travis Kalanick launched a new venture that "will focus on creating 'gainfully employed robots' for the food, mining and transport industries," Bloomberg reports.

"I left Uber in 2017 heartbroken," writes Kalanick on the new company's web site. Kalanick resigned under pressure in 2017, and complains he was "torn away from an idea and a movement that I had poured my life into... I bled, but I did not perish. I got back up and fought my way back into the arena, back to my calling. Back to building. Digitizing the Physical World is my life's work... " Kalanick is remaking his real estate company, City Storage Systems, which owns ghost-kitchen operator CloudKitchens, and renaming it Atoms, according to a manifesto posted on the new company's website. [Bloomberg notes that the company's food robotics division "makes a food assembly machine called Bowl Builder, according to its website."] In addition to its work on food, Los Angeles-based Atoms is expanding into robotics technology for mining and automotive transport. Kalanick said on the livestreamed tech talk show TBPN Friday that Atoms has effectively been in stealth for eight years and has "thousands" of employees....

Kalanick wrote on the Atoms website that the company will make "specialized robots with productive jobs that bring abundance to their owners and society at large." That will include "infrastructure for better food," he wrote, as well as "more productive mines to power Earth's industries" in addition to "wheelbase for robots" in transportation. "The industrial thing is probably our main jam," he said on TBPN. "Once you crack movement in the physical world, there are lots of people who want access to that..." Kalanick also said he was the biggest investor in Pronto, a self-driving trucking startup that currently focuses on closed sites like mines.

Wikipedia describes Freenet as "a peer-to-peer platform for censorship-resistant, anonymous communication," released in the year 2000. "Both Freenet and some of its associated tools were originally designed by Ian Clarke," Wikipedia adds. (And in 2000 Clarke answered questions from Slashdot's readers...)

And now Ian Clarke (aka Sanity — Slashdot reader #1,431) returns to share this announcement: Freenet's new generation peer-to-peer network is now operational, along with the first application built on the network: a decentralized group chat system called River.

The new version is a complete redesign of the original project, focusing on real-time decentralized applications rather than static content distribution. Applications run as WebAssembly-based contracts across a small-world peer network, allowing software to operate directly on the network without centralized infrastructure.

An introductory video demonstrating the system is available on YouTube.
"While the original Freenet was like a decentralized hard drive, the new Freenet is like a full decentralized computer," Clarke wrote in 2023, "allowing the creation of entirely decentralized services like messaging, group chat, search, social networking, among others... designed for efficiency, flexibility, and transparency to the end user."

"Freenet 2023 can be used seamlessly through your web browser, providing an experience that feels just like using the traditional web,"

Long-time tech journalist Clive Thompson interviewed over 70 software developers at Google, Amazon, Microsoft and start-ups for a new article on AI-assisted programming. It's title?

"Coding After Coders: The End of Computer Programming as We Know It."

Published in the prestigious New York Times Magazine, the article even cites long-time programming guru Kent Beck saying LLMs got him going again and he's now finishing more projects than ever, calling AI's unpredictability "addictive, in a slot-machine way."

In fact, the article concludes "many Silicon Valley programmers are now barely programming. Instead, what they're doing is deeply, deeply weird..." Brennan-Burke chimed in: "You remember seeing the research that showed the more rude you were to models, the better they performed?" They chuckled. Computer programming has been through many changes in its 80-year history. But this may be the strangest one yet: It is now becoming a conversation, a back-and-forth talk fest between software developers and their bots... For decades, being a software developer meant mastering coding languages, but now a language technology itself is upending the very nature of the job... A coder is now more like an architect than a construction worker... Several programmers told me they felt a bit like Steve Jobs, who famously had his staffers churn out prototypes so he could handle lots of them and settle on what felt right. The work of a developer is now more judging than creating...

If you want to put a number on how much more productive A.I. is making the programmers at mature tech firms like Google, it's 10 percent, Sundar Pichai, Google's chief executive, has said. That's the bump that Google has seen in "engineering velocity" — how much faster its more than 100,000 software developers are able to work. And that 10 percent is the average inside the company, Ryan Salva, a senior director of product at the company, told me. Some work, like writing a simple test, is now tens of times faster. Major changes are slower. At the start-ups whose founders I spoke to, closer to 100 percent of their code is being written by A.I., but at Google it is not quite 50 percent.
The article cites a senior principal engineer at Amazon who says "Things I've always wanted to do now only take a six-minute conversation and a 'Go do that." Another programmer described their army of Claude agents as "an alien intelligence that we're learning to work with." Although "A.I. being A.I., things occasionally go haywire," the article acknowledges — and after relying on AI, "Some new developers told me they can feel their skills weakening."

Still, "I was surprised by how many software developers told me they were happy to no longer write code by hand. Most said they still feel the jolt of success, even with A.I. writing the lines... " A few programmers did say that they lamented the demise of hand-crafting their work. "I believe that it can be fun and fulfilling and engaging, and having the computer do it for you strips you of that," one Apple engineer told me. (He asked to remain unnamed so he wouldn't get in trouble for criticizing Apple's embrace of A.I.) He went on: "I didn't do it to make a lot of money and to excel in the career ladder. I did it because it's my passion. I don't want to outsource that passion"... But only a few people at Apple openly share his dimmer views, he said.

The coders who still actively avoid A.I. may be in the minority, but their opposition is intense. Some dislike how much energy it takes to train and deploy the models, and others object to how they were trained by tech firms pillaging copyrighted works. There is suspicion that the sheer speed of A.I.'s output means firms will wind up with mountains of flabbily written code that won't perform well. The tech bosses might use agents as a cudgel: Don't get uppity at work — we could replace you with a bot. And critics think it is a terrible idea for developers to become reliant on A.I. produced by a small coterie of tech giants.

Thomas Ptacek, a Chicago-based developer and a co-founder of the tech firm Fly.io... thinks the refuseniks are deluding themselves when they claim that A.I. doesn't work well and that it can't work well... The holdouts are in the minority, and "you can watch the five stages of grief playing out."
"How things will shake out for professional coders themselves isn't yet clear," the article concludes. "But their mix of exhilaration and anxiety may be a preview for workers in other fields... Abstraction may be coming for us all."

"A few developers found a way, for now, to turn a few of these increasingly mediocre Amazon Show devices into friendly, useful, open computers," writes the co-founder of the gaming/tech news site Aftermath. For under $50 each, he bought some used versions of the devices and tested their instructions, partly to escape the full-screen ads Amazon began showing late last year, and also to overwrite Amazon's locked down Android fork "Fire OS" (and "a similarly neutered version of Linux called Vega OS") Customers who bought these devices and used them for several years were not used to them showing full screen ads, and now they do. People were justifiably pissed. So what do you do when an already evil device gets shittier...? I wiped Fire OS from the device and used ADB sideload to directly load two packages on the device: LineageOS and MindTheGapps. MindTheGapps lets you turn the device into something resembling a traditional Android device, for both good and bad.... It took a few times of wiping the device, but after a few tries it finally worked as intended... I immediately installed the Home Assistant app...

Not only can the hacked Echo Show 8 control my entire smart home, it now plays back my entire local music library as well as any internet radio channels like The Lot Radio and NTS. It can also synchronize with any additional Echo Show running LineageOS in my house using the SendSpin protocol... I would gladly take it any day of the week over most of the devices these companies offer, especially Amazon. It may not be as intuitive as out-of-the-box smart home products, but I don't need my devices to be intuitive, I need them to behave. I had finally found a smart display that wasn't a cop...

The hardware is old and creaky, and after the hack it can only use 1GB of the 2GB of ram. And yet it still manages to feel snappier than the stock hardware. "The amount of telemetry, ads, and general bloat Amazon shoves down our throats definitely doesn't help performance," [XDA Devs Forum user] Rortiz2 told me. "That's actually another reason why we did LineageOS, it kind of gives the device a second life. Even though it's still a bit buggy, it feels way better to use than the stock firmware...." If you want a smart speaker with a display that just runs a stripped-down version of Android that you have full control over, you're going to have a hard time finding it outside of these three specific models unless you cobble something together yourself. It is a deceptively simple thing to desire — the kiosk computer from science fiction that isn't a narc — yet few companies really offer it.
"It should be against the law to not give an end user the ability to consensually load whatever OS or program they want on their device..." the article concludes, arguing that "If we budge on the inalienable right to modify our hardware then we forsake a key part about what makes computers special."

And in the mean time, "There are so many devices that could be put to use rotting in e-waste facilities and thrift stores..."

Last week System76 CEO Carl Richell criticized age-verification laws for operating systems — but he now sees a "real possibility" Colorado's law might exclude open-source.

Phoronix reports that the System76 CEO met with the state Senator who co-authored Colorado's bill, and then posted on X.com that the Senator "suggested excluding open source software from the bill." Richell: This appears to be a real possibility. Amendments are expected... It's my hope we can move fast enough to influence excluding open source.. No illusions, it's an uphill battle, but we have an open door to advocate for the open source community.
Vague language has been a recurring problem with new state age-verification legislation. Richell pointed out later that "In one proposed bill, Garmin would have to verify the age of their watch customers at device setup." Richell also sees New York's bill as "unlikely to be applicable to Linux distributions," since its language calls for "commercially reasonable age assurance" that free operating systems could use — and Richell isn't sure one exists as described by the bill. "As written today, it's extremely broad and vague and that makes it scary."

Richell answered several follow-up questions about operating system age-verification laws. "What about California?" someone asked... Richell: We hope to make sensible, strong arguments for excluding open source which then becomes a standard for other states. It's going to be difficult.

Q: Open source is not the only target to exclude. Please ensure that the bill is amended so that it does not require applications that have no possible use for the age bracket to ask about it.

Richell: We discussed this as well. I proposed that apps that do not require age to modify app behavior or access by some other legislation be barred from reading age brackets to better protect privacy.

An anonymous reader quotes a report from Reuters: Meta is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as Meta seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers. No date has been set for the cuts and the magnitude has not been finalized, the people said. Top executives have recently signaled the plans to other senior leaders at Meta and told them to begin planning how to pare back, two of the people said. If Meta settles on the 20% figure, the layoffs will be the company's most significant since a restructuring in late 2022 and early 2023 that it dubbed the "year of efficiency." It employed nearly 79,000 people as of December 31, according to its latest filing. The speculation follows a recent report from The New York Times claiming that Meta has delayed the release of its next major AI model after falling behind competing systems from Google, OpenAI, and Anthropic.

Meta plans to remove end-to-end encryption (E2EE) from Instagram direct messages by May 8, 2026. "Very few people were opting in to end-to-end encrypted messaging in DMs, so we're removing this option from Instagram in the coming months," says Meta. "Anyone who wants to keep messaging with end-to-end encryption can easily do that on WhatsApp." The Hacker News reports: The American company first began testing E2EE for Instagram direct messages in 2021 as part of CEO Mark Zuckerberg's "privacy-focused vision for social networking." The feature is currently "only available in some areas" and is not enabled by default. Weeks into the Russo-Ukrainian war in February 2022, the company made encrypted direct messaging available to all adult users in both countries. Last week, TikTok said it would not introduce E2EE, arguing it makes users less safe by preventing police and safety teams from being able to read direct messages if needed.

Iranian drone strikes shut down a major helium facility in Qatar, removing about 30% of global helium supply and raising concerns for the semiconductor industry, which relies on the gas for chip fabrication. "QatarEnergy declared force majeure on existing contracts on March 4, freeing it from supply obligations to customers," reports Tom's Hardware. The industry outlet Gasworld reports that no imminent restart is planned. From the report: Helium consultant Phil Kornbluth, speaking at a Gasworld webinar on March 4, said that if the outage extends beyond roughly two weeks, industrial gas distributors could be forced to relocate cryogenic equipment and revalidate supplier relationships, a process that could stretch over months regardless of when Qatari output resumes.

South Korea is among the most exposed countries, which, according to the Korea International Trade Association, imported 64.7% of its helium from Qatar in 2025. The country relies heavily on helium imports to cool silicon wafers during fabrication and is understood to have no viable substitute.

The country's Ministry of Trade, Industry and Resources has reportedly launched an investigation into supply and demand for 14 semiconductor materials and equipment types with high dependence on Middle Eastern sources, Nikkei reported on Wednesday. Bromine, which is used in circuit formation, is another big concern, with South Korea sourcing 90% of its imports from Israel, also party to the ongoing conflict in Iran.

AI services may not stay cheap for long, as companies like OpenAI and Anthropic are currently subsidizing usage to rapidly grow market share. As these companies move toward profitability and potential IPOs, Axios reports that investors will likely push them to increase prices and improve margins. An anonymous reader shares an excerpt from the report: Flashback: Silicon Valley has seen this movie before. The so-called "millennial lifestyle subsidy" meant VC money helped underwrite cheap Uber rides and DoorDash deliveries. Before that, Amazon built its base with low prices, free shipping and, for years, no sales tax in most states. Eventually, all of these companies had to charge enough to cover costs -- and make a profit.

Follow the money: The current iteration of AI subsidies won't last forever. Both OpenAI and Anthropic are widely expected to go public. Public investors will demand earnings growth and expanding margins. Even as chips get more efficient, total spending keeps rising. Labs need more capacity, more upgrades and more supply to meet demand.

The bottom line: The costs of AI will keep going down. But total spend from customers will need to keep going up if AI companies are going to become profitable and investors are ever going to get returns on their massive investments.

sdinfoserv writes: After running a Reddit clone for a couple of months, the Digg beta shut down again. The website is a splash memo from CEO Justin Mezzell, blaming the latest "Hard Reset" on bots. "Building on the internet in 2026 is different," writes Mezzell. "We learned that the hard way. Today we're sharing difficult news: we've made the decision to significantly downsize the Digg team..."

The decision was made after struggling to gain traction and an overwhelming influx of AI-driven bots and spam. "When the Digg beta launched, we immediately noticed posts from SEO spammers noting that Digg still carried meaningful Google link authority," says Mezzell. "Within hours, we got a taste of what we'd only heard rumors about. The internet is now populated, in meaningful part, by sophisticated AI agents and automated accounts. We knew bots were part of the landscape, but we didn't appreciate the scale, sophistication, or speed at which they'd find us."

"We banned tens of thousands of accounts. We deployed internal tooling and industry-standard external vendors. None of it was enough. When you can't trust that the votes, the comments, and the engagement you're seeing are real, you've lost the foundation a community platform is built on."

Despite the setback, Digg plans to rebuild with a smaller team, with founder Kevin Rose returning to work full-time on a new direction for the platform. "Starting the first week of April, Kevin will be putting his focus back on the company he built twenty+ years ago," writes Mezzell. "He'll continue as an advisor to True Ventures, but Digg will be his primary focus."

Slashback: The Rise of Digg.com

Apple will cut its App Store commission in China from 30% to 25% starting March 15, with small-business and mini-app rates dropping from 15% to 12%. AppleInsider reports: Chinese regulators have been back and forth with Apple in recent years over the 30% App Store commission. The latest publicly known pressure occurred after President Trump slammed the country with seemingly random and outrageous tariffs in 2025. While nothing much else has happened in the public eye in the year since, Apple has announced a new commission rate via its developer blog. The new rates go into effect on March 15.

The current standard 30% rate is dropping to 25% for in-app purchases and paid app transactions. The Small Business Program and Mini Apps Partner Program will see rates drop from 15% to 12%. That lower rate applies to auto-renewals of in-app purchase subscriptions after the first year. Mini Apps are for transactions found in super apps like those popularized in China. [...] Developers will need to sign the updated terms, but the new rates are applied automatically. It is unclear if these new changes will prevent regulatory action from China.

Perplexity AI has introduced a "Personal Computer" agent system that can run on a local machine such as a Mac mini, giving its AI agents access to a user's files and applications to automate tasks. According to CEO Aravind Srinivas, the heavy AI processing runs on Perplexity's "secure servers" but sensitive actions will require user approval. There will also be activity logs and a kill switch available to help ease concerns. AppleInsider reports: Perplexity Computer is, effectively, an AI that is a go-between for other AIs. Instead of issuing specific instructions to multiple AIs, you provide the general outcome of the task to Perplexity Computer. Perplexity Computer then breaks down the task into subtasks, which it then provides to sub-agents to do the actual work. In effect, you're talking to a project manager, who then delegates the task to other AIs, before combining the results and presenting them to you.

The managing AI has a lot more freedom in how it orders its subordinates than users may think. While one may create documents while another gathers data, the manager may go as far as to order the creation of software to complete its tasks. Personal Computer is an extension of this, in that it is a locally run app that ideally runs on a Mac mini. The app gives always-on, local access to the Mac's files and apps, which Perplexity Computer and the Comet Assistant can use and alter if required.

Grammarly has disabled its Expert Review feature after backlash from writers whose names were used to present AI-generated feedback without their permission. Superhuman (formerly Grammarly) CEO Shishir Mehrotra wrote in a LinkedIn post that the company will disable Expert Review while they "reimagine" the feature: Back in August, we launched a Grammarly agent called Expert Review. The agent draws on publicly available information from third-party LLMs to surface writing suggestions inspired by the published work of influential voices.

Over the past week, we received valid critical feedback from experts who are concerned that the agent misrepresented their voices. This kind of scrutiny improves our products, and we take it seriously. As context, the agent was designed to help users discover influential perspectives and scholarship relevant to their work, while also providing meaningful ways for experts to build deeper relationships with their fans. We hear the feedback and recognize we fell short on this. I want to apologize and acknowledge that we'll rethink our approach going forward.

After careful consideration, we have decided to disable Expert Review while we reimagine the feature to make it more useful for users, while giving experts real control over how they want to be represented -- or not represented at all.

We deeply believe in our mission to solve the "last mile of AI" by bringing AI directly to where people work, and we see this as a significant opportunity for experts. For millions of users, Grammarly is a trusted writing sidekick -- ever-present in every application, ready to help. We're opening up this platform so anyone can build agents that work like Grammarly -- expanding from one sidekick to a whole team. Imagine your professor sharpening your essay, your sales leader reshaping a customer pitch, a thoughtful critic challenging your arguments, or a leading expert elevating your proposal. For experts, this is a chance to build that same ubiquitous bond with users, much like Grammarly has. But in this world, experts choose to participate, shape how their knowledge is represented, and control their business model. That future excites me, and I hope to build it with experts who want to develop it alongside us.

An anonymous reader quotes a report from Ars Technica: Binance is hoping that suing (PDF) The Wall Street Journal for defamation might help shake off a fresh round of government probes into how the cryptocurrency exchange failed to detect $1.7 billion in transfers to a network that was funding Iran-backed terror groups. The lawsuit comes after a Wall Street Journal investigation, based on conversations with insiders and reviews of internal documents, reported that Binance had quietly dismantled its own investigation into the unlawful transfers and then fired compliance staff who initially flagged them.

Alleging that the report falsely accused Binance of retaliation -- among 10 other allegedly false claims -- Binance accused the Journal of conducting a "sham" investigation that intentionally disregarded the company's statements. That included supposedly failing to note that Binance had not closed its investigation into the unlawful transfers. Binance's role in the large-scale violation of US sanctions laws is currently being investigated by the Justice and Treasury Departments. Congress members also took notice, including Sen. Richard Blumenthal (D-Conn.), ranking member of the Senate Permanent Subcommittee on Investigations (PSI), who launched an additional inquiry. In a letter to Binance CEO Richard Teng, Blumenthal cited the Journal's report, as well as reporting from The New York Times and Fortune, while demanding that Binance explain how it managed to overlook the money-laundering for so long and why compliance staff members were fired.

In its complaint Wednesday, Binance claimed that these probes may "be just the tip of the iceberg" if the record is not corrected. The reputational harm is particularly damaging, the exchange noted, since Binance has allegedly worked hard to strengthen its compliance after reaching a settlement with the US government in 2023. In taking that plea deal, Binance admitted to violating anti-money laundering and sanctions laws and paid a $4.3 billion fine, and its founder, Changpeng Zhao, eventually pled guilty to a related charge. Since that scandal, Binance claimed that the WSJ has "made a business of maligning both the cryptocurrency industry generally and Binance specifically." That's why the Journal allegedly rushed to publish its story following a similar New York Times investigation. Alleging that the WSJ was financially motivated to publish a negative story that would get more clicks, Binance claimed the Journal provided little time to respond and then failed to make necessary corrections before and after publication.

An anonymous reader quotes a report from Bloomberg: Chinese authorities moved to restrict state-run enterprises and government agencies from running OpenClaw AI apps on office computers, acting swiftly to defuse potential security risks after companies and consumers across China began experimenting with the agentic AI phenomenon. Government agencies and state-owned enterprises, including the largest banks, have received notices in recent days warning them against installing OpenClaw software on office devices for security reasons [...]. Several of them were instructed to notify superiors if they had already installed related apps for security checks and possible removal, some of the people said.

Certain employees, including those at state-run banks and some government agencies, were banned from installing OpenClaw on office computers and also personal phones using the company's network, some of the people said. One person said the ban was also extended to the families of military personnel. Other notices stopped short of calling for an outright ban on OpenClaw software, saying only that prior approval is needed before use, the people said. The warning underscores Beijing's growing concern about OpenClaw, an agentic AI platform that requires unusually broad access to private data and can communicate externally, potentially exposing computers to external attack. [...]

Despite the potential security risks, companies from Tencent to JD.com Inc. have been rolling out OpenClaw apps to try and capitalize on the groundswell of enthusiasm, while several local government agencies have declared millions of yuan in subsidies for companies that develop atop the platform. [...] Tech giants like Tencent and Alibaba, along with AI upstarts ranging from Moonshot to MiniMax, have rolled out their own tweaks of the software touting simple, one-click adoption. A slew of government agencies, in cities from Shenzhen to Wuxi, have issued notices offering multimillion-yuan subsidies to startups leveraging OpenClaw to make advances. The frenzy has helped drive up shares of AI model developer MiniMax nearly 640% since its listing just two months ago. It's now worth about $49 billion, surpassing Baidu -- once viewed as the frontrunner in Chinese AI development -- in market value. The company launched MaxClaw, an agent built on OpenClaw, in late February.

UPDATE: Amazon later published a blog post to address what it calls "inaccuracies" in the Financial Times report that the company's own AI tool Kiro caused two outages in an AWS service in December.

An anonymous Slashdot reader had shared this report from the Financial Times: Amazon's ecommerce business has summoned a large group of engineers to a meeting on Tuesday for a "deep dive" into a spate of outages, including incidents tied to the use of AI coding tools. The online retail giant said there had been a "trend of incidents" in recent months, characterized by a "high blast radius" and "Gen-AI assisted changes" among other factors, according to a briefing note for the meeting seen by the FT. Under "contributing factors" the note included "novel GenAI usage for which best practices and safeguards are not yet fully established."

"Folks, as you likely know, the availability of the site and related infrastructure has not been good recently," Dave Treadwell, a senior vice-president at the group, told employees in an email, also seen by the FT. The note ahead of Tuesday's meeting did not specify which particular incidents the group planned to discuss. [...] Treadwell, a former Microsoft engineering executive, told employees that Amazon would focus its weekly "This Week in Stores Tech" (TWiST) meeting on a "deep dive into some of the issues that got us here as well as some short immediate term initiatives" the group hopes will limit future outages.

He asked staff to attend the meeting, which is normally optional. Junior and mid-level engineers will now require more senior engineers to sign off any AI-assisted changes, Treadwell added. Amazon said the review of website availability was "part of normal business" and it aims for continual improvement. "TWiST is our regular weekly operations meeting with a specific group of retail technology leaders and teams where we review operational performance across our store," the company said.