IT

Gmail's Redesigned Interface, Featuring Chat and Meet, Now the New Default (techcrunch.com) 15

Gmail is now rolling out a new user interface that will show Chat and Meet sections on the side pane by default. From a report: Google introduced this new integrated view earlier this year through opt-in options, so you had to manually enable Chat and Meet panes. However, as the new phase of the rollout is starting, the company will force you to opt out if you want the classic Gmail view. Google says the change is rolling out to Google Workspace customers and users with personal Google accounts alike. This includes Google Workspace Business Starter, Business Standard, Business Plus, Enterprise Essentials, Enterprise Standard, Enterprise Plus, Education Fundamentals, Education Plus, Frontline and Nonprofits, as well as G Suite Basic and Business customers, and Google Workspace Individual users. Only Google Workspace Essentials customers will not see the change, or those Workspace customers that have only been provided access to Gmail and not other apps.
Windows

Windows 10's 22H2 Update Might Not Actually Do Much of Anything (arstechnica.com) 35

The Windows 11 22H2 update is working its way through Microsoft's Windows Insider testing channels, and we'd expect it to begin rolling out to Windows 11 PCs at some point in the next few weeks or months. But Microsoft has had almost nothing to say about the next major update to Windows 10 beyond the fact that the operating system will keep getting yearly updates for the foreseeable future. From a report: And the Windows 10 22H2 update is actually already out there for those who know how to install it. Neowin has published a list of commands that can be typed into the Command Prompt or Windows Terminal to turn a fully updated Windows 10 21H2 install into a 22H2 install. The commands use Microsoft's Deployment Image Servicing and Management (DISM) tool to make tweaks to your Windows install and require the optional KB5014666 update for Windows 10 to be installed first. The catch is that enabling Windows 10 22H2 doesn't actually seem to do much beyond incrementing the version number on the "About Windows" screen.
Technology

TSMC To Customers: It's Time To Stop Using Older Nodes and Move to 28nm (anandtech.com) 77

AnandTech: We tend to discuss leading-edge nodes and the most advanced chips made using them, but there are thousands of chip designs developed years ago that are made using what are now mature process technologies that are still widely employed by the industry. On the execution side of matters, those chips still do their jobs as perfectly as the day the first chip was fabbed which is why product manufacturers keep building more and more using them. But on the manufacturing side of matters there's a hard bottleneck to further growth: all of the capacity for old nodes that will ever be built has been built -- and they won't be building any more. As a result, TSMC has recently begun strongly encouraging its customers on its oldest (and least dense) nodes to migrate some of their mature designs to its 28 nm-class process technologies.

Nowadays TSMC earns around 25% of its revenue by making hundreds of millions of chips using 40 nm and larger nodes. For other foundries, the share of revenue earned on mature process technologies is higher: UMC gets 80% of its revenue on 40 nm higher nodes, whereas 81.4% of SMIC's revenue come from outdated processes. Mature nodes are cheap, have high yields, and offer sufficient performance for simplistic devices like power management ICs (PMICs). But the cheap wafer prices for these nodes comes from the fact that they were once, long ago, leading-edge nodes themselves, and that their construction costs were paid off by the high prices that a cutting-edge process can fetch. Which is to say that there isn't the profitability (or even the equipment) to build new capacity for such old nodes.

Transportation

Ford Says You Can Never Own Leased EVs (thetruthaboutcars.com) 257

schwit1 shares a report from The Truth About Cars: Ford Motor Co. will be suspending end-of-lease buyout options for customers driving all-electric vehicles, provided they took possession of the model after June 15, 2022. Those who nabbed their Mach-E beforehand will still have the option of purchasing the automobile once their lease ends. However, there are some states that won't be abiding by the updated rules until the end of the year, not that it matters when customers are almost guaranteed to have to wait at least that long on a reserved vehicle.

The change, made earlier in the month, cruised under our radar until a reader asked for our take over the weekend. Ford could be wanting to capitalize on exceptionally high used vehicle prices, ensuring that more vehicles make it back into rotation. The broader industry has likewise been talking about abandoning traditional ownership to transition the auto market into being more service-oriented where manufacturers ultimately retain ownership of all relevant assets. But it may not be that simple as this being another step in the business sector's larger plan to maximize profitability by discouraging private vehicle ownership.

[...] While leasing customers will not be able to buy their EV, Ford Credit will allow them to renew an expiring contract in exchange for a brand-new model. Amazingly, the manufacturer is trying to frame this as environmentally responsible. But it smells like planned obsolescence and desperation from where I'm sitting. Ford knows that electrics require far less labor to produce. By also retaining/recycling the most-expensive component (the battery) it can effectively maximize profitability on a three or four-year turnaround. For now, the updated leasing scheme is limited exclusively to all-electric products (e.g. Ford Lightning or Mach-E "Mustang") sold in 37 individual states. But the long wait times for new EVs and Ford's desire to expand the plan through the rest of the year effectively means it'll be national by the time most people take ownership.

Google

Gmail's New Look Is About To Become Opt-Out Instead of Opt-In (theverge.com) 22

Google started rolling out an updated user interface for Gmail in February that pulls Meet, Chat, and Spaces closer and applies more of its Material You styling effects. Starting today, it's becoming opt-out instead of opt-in, so your account will switch over to the new view by default pretty soon. The Verge reports: If you can't tell what's different here, the updated UI collects buttons for Mail, Meet, Spaces, and Chat into one list at the top of the left rail instead of showing several conversations from each one in a list. They're still easily accessible without having everything on screen at once, and you can quickly jump into a conversation in any one section as a list will pop out when you mouse over its icon. And if you just want to have one particular form of communication on screen without the others (like Gmail), it's a little easier to do that since Chat and the rest aren't listed underneath your inboxes and labels anymore.

According to Google, you can choose which apps are included there in the Quick Settings menu, where you'll be able to switch back to the old look if you prefer. Unlike the usual 15-day rollout for new features, Google says this one is an "extended rollout," so while it's coming to Workspace and personal Gmail accounts alike, it could take longer than a couple of weeks for your interface to change over on its own. If you just want to try it, you should be able to opt-in (and back out) from the quick settings menu right now, as long as you've already switched to Chat from Hangouts and positioned Chat in the left-hand menu.

Firefox

Mozilla Releases Firefox 102 (mozilla.org) 44

williamyf writes: Today, Mozilla released Firefox 102.
New features include:
* Tired of too many windows crowding your screen? You can now disable automatic opening of the download panel every time a new download starts. Read more.
* Firefox now mitigates query parameter tracking when navigating sites in ETP strict mode.
* Subtitles and captions for Picture-in-Picture (PiP) are now available at HBO Max, Funimation, Dailymotion, Tubi, Disney+ Hotstar, and SonyLIV. This allows you to view video in a small window pinned to a corner of the screen while navigating between apps or browsing content on the main screen.

But do not get fooled, the most important feature is that this release is an ESR, this is super-important of a host of reasons:

* Firefox ESR is the basis for KaiOS (an evolution of BootToGecko), an OS for Semi-Smart Phones very popular in India (100milion+), SE Asia + Africa (~60Milion), so, whatever made the cut in 102 will define the base capabilities for KaiOS for the next year.

* Firefox ESR is the basis for Thunderbird, so, if you use Thunderbird or a derivative, whatever made the cut in 102 will underpin Thunderbird for the next year.

* Many popular Linux distros (like Debian or Kali) use Firefox ESR as the default browser.

* Many companies and organizations use Firefox ESR as their default browser, and many SW development companies certify Firefox ESR as an alowed browser for their SW.

So, 102 is a very important release, becuase it brings a year of advances to ESR.

Google

Google Makes Earth Engine Available To All Businesses and Governments (zdnet.com) 7

For the past decade, researchers in academia and the nonprofit world have had access to increasingly sophisticated information about the Earth's surface, via the Google Earth Engine. Now, any commercial or government entity will have access to Google Cloud's new enterprise-grade, commercial version of the computer program. From a report: Google originally launched Earth Engine for scientists and NGOs in 2010. One of the world's largest publicly available Earth observation catalogs, it combines data from satellites and other sources continuously streaming into Earth Engine. The data is combined with massive geospatial cloud-computing resources, which lets organizations use the raw data for timely, accurate, high-resolution insights about the state of the world. That means they can keep a near-constant eye on the world's forests, water sources, ecosystems and agriculture -- and how they're all changing.
The Courts

Bored Apes Creator Sues Conceptual Artist For Copying Its NFTs (theverge.com) 69

The company behind Bored Ape Yacht Club has sued conceptual artist Ryder Ripps for selling duplicates of its Bored Ape non-fungible tokens or NFTs. From a report: The lawsuit, filed in a California court this weekend, accuses Ripps of a "calculated, intentional, and willful" scheme to damage BAYC while promoting his own copycat work. Ripps and Yuga Labs have been at odds for months, in part because of Ripps' RR/BAYC NFT series. The series used BAYC images but connected them with a different crypto token and sold them for the equivalent of around $200 apiece, a bargain compared to the real thing, which currently sell for around $100,000 on the low end.

"This is no mere monkey business. It is a deliberate effort to harm Yuga Labs at the expense of consumers by sowing confusion about whether these RR/BAYC NFTs are in some way sponsored, affiliated, or connected to Yuga Labs' official Bored Ape Yacht Club," says the lawsuit. The suit accuses Ripps of false advertising and trademark infringement among other offenses. It asks for financial damages and a court order demanding he cease infringing on BAYC's work, including a ban on using "confusingly similar" domain names like apemarket.com.

Biotech

Biotech Wizard Left a Trail of Fraud -- Prosecutors Allege It Ended in Murder (wsj.com) 25

Serhat Gumrukcu faces trial in a purported plot to kill an associate who could have exposed him and derailed a drug-development deal worth millions. From a report: Even as a teenager back in Turkey, Serhat Gumrukcu dazzled audiences. In a 2002 video, he opened one of his magic shows dancing with a cane that appeared to be levitating. He was introduced as a medical student and went by the stage name "Dr. No." A little more than a decade later, not long after Mr. Gumrukcu arrived in the U.S., he had his hand in multimillion-dollar oil and real-estate deals. Yet his best-known venture was in medicine. For a time, he thrilled investors with ideas for groundbreaking treatments and drew special notice from the government's top infectious-disease official, Anthony Fauci. In America, the magician had found a new, more lucrative audience.

Enochian Biosciences co-founded by Mr. Gumrukcu in 2018, paid more than $21 million to companies controlled by Mr. Gumrukcu and his husband for consulting, research and the licensing of potential drugs to treat influenza, hepatitis B, HIV and Covid-19, company financial filings show. "Dr. Gumrukcu is one of those rare geniuses that is not bound by scientific discipline or dogma. He sees connections and opportunities often missed," Enochian Vice Chairman Mark Dybul, now chief executive, said in a 2019 news release about Enochian's licensing of a hepatitis B drug from a company controlled by Mr. Gumrukcu. Mr. Gumrukcu's success as a biotech entrepreneur afforded the purchase last year of an $18.4 million office complex in North Hollywood, a neighborhood in Los Angeles, and, earlier, a $5.5 million house in the Hollywood Hills.

Yet much of what people saw in Mr. Gumrukcu was an illusion he cast, misrepresenting himself and his credentials, according to state and federal authorities, court records, former colleagues and those who have sued and won judgments against him over fraudulent medical and financial dealings. Prosecutors now allege that Mr. Gumrukcu arranged the murder of a business associate, Gregory Davis, who threatened to expose him as a fraud. Such a revelation would have put at risk the 39-year-old entrepreneur's deal with Enochian, they said. Mr. Gumrukcu has been in custody at the Metropolitan Detention Center in Los Angeles since his arrest on May 24. A federal grand jury indicted him on murder conspiracy charges, an offense punishable by death.

Hardware

Arm's Immortalis GPU is Its First With Hardware Ray Tracing for Android Gaming (theverge.com) 65

Arm is announcing its new flagship Immortalis GPU today, its first to include hardware-based ray tracing on mobile. As PCs and the latest Xbox Series X and PS5 consoles are all gradually moving toward impressive ray-traced visuals, Immortalis-G715 is designed to be the Arm's first GPU to deliver the same on Android phones and tablets. From a report: Built on top of Mali, a GPU that's used by the likes of MediaTek and Samsung, Immortalis is designed with 10-16 cores in mind and promises a boost of 15 percent over the previous generation premium Mali GPUs. Arm sees Immortalis as the start of a transition to ray tracing on mobile following its success with the 8 billion Mali GPUs that have shipped to date.

"The challenge is that Ray Tracing techniques can use significant power, energy, and area across the mobile system-on-a-chip (SoC)," explains Andy Craigen, director of product management at Arm. "However, Ray Tracing on Immortalis-G715 only uses 4 percent of the shader core area, while delivering more than 300 percent performance improvements through the hardware acceleration."

It's not clear if a 3x speedup over software-based ray tracing will be enough to tempt game developers, but when Nvidia introduced hardware accelerated ray tracing in its RTX 2080, it advertised a 2x-3x boost at the time. "It's the right performance point for now to get this technology into the market," says Arm's Paul Williamson, adding that it may also come in handy in augmented reality applications where RT could be used to match virtual lighting to the real-world environment around you. Arm is already delivering software-based ray tracing in last year's Mali-G710, but the promise of hardware support means we will start to see flagship smartphones with this chip at the beginning of 2023. Samsung also announced its Exynos 2200 chip with hardware-based ray tracing earlier this year, so manufacturers are getting ready for the games to arrive.

Google

Google Moves To Keep Campaign Messages Out of Spam (axios.com) 138

Google has asked the Federal Election Commission to green light a program that could keep campaign emails from ending up in spam folders, according to a filing obtained by Axios. From a report: Google has come under fire that its algorithms unfairly target conservative content across its services, and that its Gmail service filters more Republican fundraising and campaign emails to spam. Republican leadership introduced a bill this month that would require platforms to share how their filtering techniques work and make it illegal to put campaign emails into spam unless a user asks. Google's pilot program, per the June 21 filing, would be for "authorized candidate committees, political party committees and leadership political action committees registered with the FEC." It would make campaign emails from such groups exempt from spam detection as long as they don't violate Gmail's policies around phishing, malware or illegal content. Instead, when users would receive an email from a campaign for the first time, they would get a âoeprominentâ notification asking if they want to keep receiving them, and would still have the ability to opt out of subsequent emails.
Open Source

Linus Torvalds Is Cautiously Optimistic About Bringing Rust Into Linux Kernel's Next Release (zdnet.com) 123

slack_justyb shares a report from ZDNet: For over three decades, Linux has been written in the C programming language. Indeed, Linux is C's most outstanding accomplishment. But the last few years have seen a growing momentum to make the Rust programming language Linux's second Linux language. At the recent Open Source Summit in Austin, Texas, Linux creator Linus Torvald said he could see Rust making it into the Linux kernel as soon as the next major release. "I'd like to see the Rust infrastructure merging to be started in the next release, but we'll see." Linux said after the summit. "I won't force it, and it's not like it's going to be doing anything really meaningful at that point -- it would basically be the starting point. So, no promises."

Now, you may ask: "Why are they adding Rust at all?" Rust lends itself more easily to writing secure software. Samartha Chandrashekar, an AWS product manager, said it "helps ensure thread safety and prevent memory-related errors, such as buffer overflows that can lead to security vulnerabilities." Many other developers agree with Chandrashekar. Torvalds also agrees and likes that Rust is more memory-safe. "There are real technical reasons like memory safety and why Rust is good to get in the kernel." Mind you, no one is going to be rewriting the entire 30 or so million lines of the Linux kernel into Rust. As Linux developer Nelson Elhage said in his summary of the 2020 Linux Plumber's meeting on Rust in Linux: "They're not proposing a rewrite of the Linux kernel into Rust; they are focused only on moving toward a world where new code may be written in Rust." The three areas of potential concern for Rust support are making use of the existing APIs in the kernel, architecture support, and dealing with application binary interface (ABI) compatibility between Rust and C.

Security

Google Warns ISPs Helped Distribute Hermit Spyware (engadget.com) 15

Google is warning of a sophisticated new spyware campaign that has seen malicious actors steal sensitive data from Android and iOS users in Italy and Kazakhstan. Engadget reports: On Thursday, the company's Threat Analysis Group (TAG) shared its findings on RCS Labs, a commercial spyware vendor based out of Italy. On June 16th, security researchers at Lookout linked the firm to Hermit, a spyware program believed to have been first deployed in 2019 by Italian authorities as part of an anti-corruption operation. Lookout describes RCS Labs as an NSO Group-like entity. The firm markets itself as a "lawful intercept" business and claims it only works with government agencies. However, commercial spyware vendors have come under intense scrutiny in recent years, largely thanks to governments using the Pegasus spyware to target activists and journalists.

According to Google, Hermit can infect both Android and iOS devices. In some instances, the company's researchers observed malicious actors work with their target's internet service provider to disable their data connection. They would then send the target an SMS message with a prompt to download the linked software to restore their internet connection. If that wasn't an option, the bad actors attempted to disguise the spyware as a legitimate messaging app like WhatsApp or Instagram.

What makes Hermit particularly dangerous is that it can gain additional capabilities by downloading modules from a command and control server. Some of the addons Lookout observed allowed the program to steal data from the target's calendar and address book apps, as well as take pictures with their phone's camera. One module even gave the spyware the capability to root an Android device. Google believes Hermit never made its way to the Play or App stores. However, the company found evidence that bad actors were able to distribute the spyware on iOS by enrolling in Apple's Developer Enterprise Program. Apple told The Verge that it has since blocked any accounts or certificates associated with the threat. Meanwhile, Google has notified affected users and rolled out an update to Google Play Protect.

Transportation

Electric Fan Car Shatters Goodwood Hill Climb Record (thedrive.com) 61

An anonymous reader quotes a report from The Drive: AMcMurtry Speirling piloted by former F1 and IndyCar racing driver Max Chilton broke the Goodwood hill record Sunday, crushing the previous record set by the VW ID.R by nearly a full second. The electric fan car rocketed -- almost literally -- up the hill in a staggering 39.08 seconds, compared to the electric prototype's 39.90. The Speirling is the creation of a British-Irish startup that set out to build a ridiculously powerful and lightweight car that could be driven on the track and on the streets (a road-legal version of the Goodwood fan car is in the works). The batmobile-looking machine reportedly weighs less than 1,000 kilograms (less than 2,200 pounds), yet boasts over 1,000 horsepower courtesy of its dual electric motors. While boasting a power-to-weight ratio of 1,000 bhp per ton surely played a role at the Goodwood Festival of Speed over the weekend, it's the car's twin fans hidden within the bespoke chassis that really helped it achieve that record-setting time. Much like Gordon Murray's T.50 supercar, the Speirling's fans essentially suck the car to the ground and provide it with other-worldly downforce. Factor in the massive rear wing and other external bodywork, and the EV is essentially glued to the road while cornering at high speed. You can watch video of the impressive feat here.
Social Networks

Company Behind Trump's Truth Social Under Investigation By Federal Prosecutors (independent.co.uk) 170

An anonymous reader quotes a report from the Independent: The so-called "blank check" company behind former president Donald Trump's Truth Social platform now appears to be the subject of an investigation by federal prosecutors who are looking into whether the company or its executives violated federal securities laws. Shares of the Special Purpose Acquisition Company, known as Digital World Acquisition Corporation, fell nine percent in early trading on Monday after CEO Patrick Orlando filed a statement with the Securities and Exchange Commission to report that the company, which is pursuing a merger with the former president's Trump Media and Technology Group, was issued a subpoena by a federal grand jury in the Southern District of New York.

Mr Orlando also wrote that each member of DWAC's board of directors has also been issued a subpoena by the same grand jury. The grand jury subpoenas, he said, appear to be "seeking various documents and information" that are substantially similar to subpoenas issued to the company by the SEC earlier this year, as well as documents relating to the company's previous SEC filings, "communications with or about multiple individuals, and information regarding Rocket One Capital," a venture capital and private equity firm. The US securities regulator is probing whether DWAC executives violated laws which ban negotiations between the company and Mr Trump's tech firm before DWAC went public in late 2021. After Mr Trump announced his company's pending deal with DWAC, shares in the public company skyrocketed by over 400 per cent.

A previous filing by Mr Orlando stated that the SEC subpoena sought documents concerning "among other things, Digital World's due diligence regarding TMTG, communications regarding and due diligence of potential targets other than TMTG, relationships between and among Digital World (and/or certain of Digital World's officers and directors) and other entities (including ARC Global Investments II LLC, Digital World's sponsor, and certain advisors, including Digital World's underwriter and financial advisor in its initial public offering)." Additionally, the pending merger is also the subject of an investigation by the Financial Industry Regulatory Authority, a commercial entity that acts as a self-regulator for brokerage firms and securities exchange markets.

Businesses

Fintechs Face Reckoning as Easy Money Dries Up (ft.com) 16

Valuations have collapsed even faster than they climbed, making fresh funding hard to come by. From a report: As a wave of fintechs rode successive funding rounds to ever-higher valuations over the past five years, Swedish buy now, pay later company Klarna declared its ambition to become the Ryanair, Tesla and Amazon of the sector. But now as central banks raise rates in a fight against surging inflation, Klarna is trying to raise fresh cash at less than half its peak $46bn valuation and fintechs are having to come to terms with a world where expansion can no longer be fuelled by cheap money and business models must be demonstrated by profits. A record amount of investment poured into fintech companies in 2021, but many now struggle to raise fresh funds and are discussing selling themselves or accepting lower valuations to stay afloat, according to investors, analysts and executives in the industry.

On Thursday, payments services provider SumUp raised cash at a valuation of $8.5bn -- significantly below the $21bn valuation mooted earlier this year. And as belts tighten, a fintech's chances of survival may be measured by the amount of cash sitting on its balance sheet. "You are in panic mode if your runway is less than a year," said Erik Podzuweit, founder and co-chief executive officer of German investment app Scalable Capital. Venture capital firms more than doubled their investments in the sector last year to $134bn, helping fintech valuations outperform any other tech subsector, according to Crunchbase data. Funding peaked in the second quarter of 2021 as investors such as Accel, Sequoia Capital, SoftBank and Berkshire Hathaway backed groups including Brazilian digital lender Nubank, German broker Trade Republic and Amsterdam-based payments company Mollie. Financial services companies accounted for roughly $1 out of every $5 in venture capital investment last year.

But now public fintech valuations have collapsed even faster than they climbed as funding slowed sharply in the first quarter. Fintech valuations have had a steeper decline than any other technology sector, according to a recent report by Andreessen Horowitz partners, which cited data from Capital IQ. Valuations fell from 25 times forward revenue in October of 2021 to four times in May. Fintech fundraising in the most recent quarter dropped 21 per cent to $28.8bn from the record high of $36.6bn reached in the second quarter of last year, according to CB Insights.

Communications

Google Hangouts is Shutting Down in November 24

After sunsetting Google Hangouts for Workspace users in February, Google's now beginning the process of migrating free, personal Hangouts users to Chat. In an announcement posted to its blog, Google says people who still use the Hangouts mobile app will see a prompt to move to Chat. From a report: As for users who use Hangouts in Gmail on the web, Google says it won't start prompting users to make the switch to Chat until July. Hangouts will remain usable on its desktop site until November, and Google says it will warn users "at least one month" in advance before it starts pointing the Hangouts site to Chat.
The Almighty Buck

Why Inflation Looks Likely To Stay Above the Pre-Pandemic Norm (economist.com) 225

Even as supply-chain snarls ease, wage growth and price expectations are ticking up. The Economist: The bad news on inflation just keeps coming. At more than 9% year on year across the rich world, it has not been this high since the 1980s -- and there have never been so many "inflation surprises," where the data have come in higher than economists' forecasts (see chart in the linked story). This, in turn, is taking a heavy toll on the economy and financial markets. Central banks are raising interest rates and ending bond-buying schemes, crushing equities. Consumer confidence in many places is now even lower than it was in the early days of the covid-19 pandemic. "Real-time" economic indicators of everything from housing activity to manufacturing output suggest that economic growth is slowing sharply.

What consumer prices do next is therefore one of the most important questions for the global economy. Many forecasters expect that annual inflation will soon ebb, in part because of last year's sharp increases in commodity prices falling out of the year-on-year comparison. In its latest economic projections the Federal Reserve, for instance, expects annual inflation in America (as measured by the personal-consumption-expenditure index) to fall from 5.2% at the end of this year to 2.6% by the end of 2023. You might be forgiven for not taking these prognostications too seriously. After all, most economists failed to see the inflationary surge coming, and then wrongly predicted it would quickly fade. In a paper published in May, Jeremy Rudd of the Fed made a provocative point: "Our understanding of how the economy works -- as well as our ability to predict the effects of shocks and policy actions -- is in my view no better today than it was in the 1960s." The future path of inflation is, to a great extent, shrouded in uncertainty.

Some indicators point to more price pressure to come in the near term. Alternative Macro Signals, a consultancy, runs millions of news articles through a model to construct a "news inflation pressure index." The results, which are more timely than the official inflation figures, measure not just how frequently price pressures are mentioned, but also whether the news flow suggests that pressures are building up. In both America and the euro area the index is still miles above 50, indicating that pressures are continuing to build. Inflation worry-warts can point to three other indicators suggesting that the rich world is unlikely to return to the pre-pandemic norm of low, stable price growth any time soon: rising wage growth, and increases in the inflation expectations of both consumers and companies.

Facebook

Facebook is Bombarding Cancer Patients With Ads For Unproven Treatments (technologyreview.com) 81

Clinics offering debunked cancer treatments are still allowed to advertise, despite the company's stated efforts to control medical misinformation. From a report: The ad reads like an offer of salvation: Cancer kills many people. But there is hope in Apatone, a proprietary vitamin C-based mixture, that is "KILLING cancer." The substance, an unproven treatment that is not approved by the FDA, is not available in the United States. If you want Apatone, the ad suggests, you need to travel to a clinic in Mexico. If you're on Facebook or Instagram and Meta has determined you may be interested in cancer treatments, it's possible you've seen this ad, or one of the 20 or so others recently running from the CHIPSA hospital in Mexico near the US border, all of which are publicly listed in Meta's Ad Library. They are part of a pattern on Facebook of ads that make misleading or false health claims, targeted at cancer patients.

Evidence from Facebook and Instagram users, medical researchers, and its own Ad Library suggests that Meta is rife with ads containing sensational health claims, which the company directly profits from. The misleading ads may remain unchallenged for months and even years. Some of the ads reviewed by MIT Technology Review promoted treatments that have been proved to cause acute physical harm in some cases. Other ads pointed users toward highly expensive treatments with dubious outcomes. CHIPSA, which stands for Centro Hospitalario Internacional del Pacifico, S.A, was founded in 1979 and refers to itself as a community hospital offering integrative treatments for cancer. On Facebook, the facility describes itself as being at the "cutting edge" of cancer research. But the hospital's foundational diet-based therapy, called the Gerson Protocol, is "all nonsense," says David Gorski, a surgical oncologist at Wayne State University in Michigan and the managing editor of the website Science-Based Medicine. Developed by a German doctor in the 1920s to treat migraines, the regimen consists of a special diet and frequent "detox" procedures. It has been discredited for decades in the medical community.

Portables (Apple)

Base 13-Inch MacBook Pro With M2 Chip Has Significantly Slower SSD Speeds (macrumors.com) 85

Following the launch of Apple's new 13-inch MacBook Pro with the M2 chip, it has been discovered that the $1,299 base model with 256GB of storage has significantly slower SSD read/write speeds compared to the equivalent previous-generation model. From a report: YouTube channels such as Max Tech and Created Tech tested the 256GB model with Blackmagic's Disk Speed Test app and found that the SSD's read and write speeds are both around 1,450 MB/s, which is around 50% slower reading and around 30% slower writing compared to the 13-inch MacBook Pro with the M1 chip and 256GB of storage.

Disk Speed Test app numbers shared by Vadim Yuryev of Max Tech:
13-inch MacBook Pro (M1/256GB) Read Speed: 2,900
13-inch MacBook Pro (M2/256GB) Read Speed: 1,446
13-inch MacBook Pro (M1/256GB) Write Speed: 2,215
13-inch MacBook Pro (M2/256GB) Write Speed: 1,463

Yuryev disassembled the new 13-inch MacBook Pro and discovered that the 256GB model is equipped with only a single NAND flash storage chip, whereas the previous model has two NAND chips that are likely 128GB each. This difference likely explains why the new model has a slower SSD, as multiple NAND chips allows for faster speeds in parallel.

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