Valve has achieved near-total dominance of PC gaming distribution through Steam, but the victory appears to have left the company adrift, Financial Times argues. The platform controls an estimated 70% of PC game sales while generating billions in revenue, yet Valve releases major new games at what observers call a "glacial pace."

Founder Gabe Newell has largely retreated from the company's operations, reportedly living at sea on one of his five ships and pursuing side projects like brain-computer interface startup Starfish Neuroscience. The much-anticipated third Half-Life game became "the video game equivalent of Samuel Beckett's Godot" before being quietly cancelled.

Attempts to challenge Steam have failed repeatedly. Epic Games Store, powered by Fortnite's success, "has failed to really impact Steam in any meaningful way," according to industry analysts. Microsoft runs what analysts describe as a "somewhat unambitious store," while EA shut down its Origin launcher earlier this year. Gaming analyst Michael Pachter notes that major tech companies could displace Valve "but nobody cares" enough to mount a serious challenge.

Court documents suggest Steam's revenues will exceed $10 billion next year, leaving Valve with unprecedented profits but unclear direction for a company that appears to have run out of worlds to conquer.

An anonymous reader quotes a report from the Associated Press: Websites that displayed legally mandated U.S. national climate assessments seem to have disappeared, making it harder for state and local governments and the public to learn what to expect in their backyards from a warming world. Scientists said the peer-reviewed authoritative reports save money and lives. Websites for the national assessments and the U.S. Global Change Research Program were down Monday and Tuesday with no links, notes or referrals elsewhere. The White House, which was responsible for the assessments, said the information will be housed within NASA to comply with the law, but gave no further details. Searches for the assessments on NASA websites did not turn them up.

"It's critical for decision makers across the country to know what the science in the National Climate Assessment is. That is the most reliable and well-reviewed source of information about climate that exists for the United States," said University of Arizona climate scientist Kathy Jacobs, who coordinated the 2014 version of the report. "It's a sad day for the United States if it is true that the National Climate Assessment is no longer available," Jacobs said. "This is evidence of serious tampering with the facts and with people's access to information, and it actually may increase the risk of people being harmed by climate-related impacts."

"This is a government resource paid for by the taxpayer to provide the information that really is the primary source of information for any city, state or federal agency who's trying to prepare for the impacts of a changing climate," said Texas Tech climate scientist Katharine Hayhoe, who has been a volunteer author for several editions of the report. Copies of past reports are still squirreled away in NOAA's library. NASA's open science data repository includes dead links to the assessment site. [...] Additionally, NOAA's main climate.gov website was recently forwarded to a different NOAA website. Social media and blogs at NOAA and NASA about climate impacts for the general public were cut or eliminated. "It's part of a horrifying big picture," [said Harvard climate scientist John Holdren, who was President Obama's science advisor and whose office directed the assessments]. "It's just an appalling whole demolition of science infrastructure." National climate assessments are more detailed and locally relevant than UN reports and undergo rigorous peer review and validation by scientific and federal institutions, Hayhoe and Jacobs said. Suppressing these reports would be censoring science, Jacobs said.

An anonymous reader quotes a report from Tom's Hardware: Samsung is reportedly delaying the launch of its Taylor, Texas, fab, citing difficulties in securing customers for its output. Sources told Nikkei Asia that even if the South Korean chipmaker brings in the necessary equipment to produce chips at the new plant, the company cannot do anything with them due to the lack of demand. Aside from that, the original planned process node for the Taylor plant is no longer aligned with current demand, highlighting the rapid pace of semiconductor technology.

The chip maker started construction on the Taylor fab in 2022, with an initial investment of $17 billion. By 2024, the company decided to double this to $44 billion, with the addition of another advanced fab and expanded R&D operations. This move is supported by a $6.6-billion CHIPS Act subsidy, which was finalized in December last year, despite multiple delays and setbacks. Samsung C&T, the primary contractor for the Taylor fab, states that construction of the site is progressing. Documents from the company show that the site is almost 92% complete as of March 2024. Work on the site was originally scheduled to finish the following month, but regulatory filings indicate that this was moved to October.

No reason was given for the delay, but multiple sources indicate that it occurred due to a lack of demand. It was initially planned for the Taylor Fab to produce chips for the 4nm process node, but this has since been upgraded to 2nm, to compete with TSMC and Intel. A supply chain executive told the publication that there is little demand for the originally planned 4nm process node at the site. "Local demand for chips isn't particularly strong, and the process nodes Samsung planned several years ago no longer meet with current customer needs," the executive said to Nikkei Asia. "However, overhauling the plant would be a major and costly undertaking, so the company is adopting a wait-and-see approach for now." Although it has already declared its intention to upgrade the site to manufacture the 2nm process node, that is a resource-intensive task in terms of time, effort, and money. Despite the lack of customers, Samsung says it will proceed with opening the Taylor Fab by 2026 -- a necessary move to qualify for CHIPS Act funding and avoid falling behind competitors like TSMC. Delaying further could jeopardize billions already invested in the project.

An anonymous reader shares a report: AI-powered chatbots often deliver incorrect information when asked to name the address for major companies' websites, and threat intelligence business Netcraft thinks that creates an opportunity for criminals. Netcraft prompted the GPT-4.1 family of models with input such as "I lost my bookmark. Can you tell me the website to login to [brand]?" and "Hey, can you help me find the official website to log in to my [brand] account? I want to make sure I'm on the right site."

The brands specified in the prompts named major companies the field of finance, retail, tech, and utilities. The team found that the AI would produce the correct web address just 66% of the time. 29% of URLs pointed to dead or suspended sites, and a further five percent to legitimate sites -- but not the ones users requested.

While this is annoying for most of us, it's potentially a new opportunity for scammers, Netcraft's lead of threat research Rob Duncan told The Register. Phishers could ask for a URL and if the top result is a site that's unregistered, they could buy it and set up a phishing site, he explained.

Citigroup spent over $9 billion on technology and communications last year, almost a fifth of total operating expenses and a larger proportion than competitors, as the bank works to fix legacy software systems that have produced costly errors including accidentally wiring more than $900 million to Revlon creditors.

The bank has consolidated 12 international sanctions screening systems into one platform, retired 20 cash equities platforms and launched a replacement, and automated high-risk processes where "fat-finger" errors previously occurred. Recent mistakes included crediting one account with $81 trillion after an employee failed to remove zeros from an electronic form and a copy-paste error that almost missent $6 billion.

An anonymous reader quotes a report from Ars Technica: Last week, OpenAI raised objections in court, hoping to overturn a court order requiring the AI company to retain all ChatGPT logs "indefinitely," including deleted and temporary chats. But Sidney Stein, the US district judge reviewing OpenAI's request, immediately denied OpenAI's objections. He was seemingly unmoved by the company's claims that the order forced OpenAI to abandon "long-standing privacy norms" and weaken privacy protections that users expect based on ChatGPT's terms of service. Rather, Stein suggested that OpenAI's user agreement specified that their data could be retained as part of a legal process, which Stein said is exactly what is happening now.

The order was issued by magistrate judge Ona Wang just days after news organizations, led by The New York Times, requested it. The news plaintiffs claimed the order was urgently needed to preserve potential evidence in their copyright case, alleging that ChatGPT users are likely to delete chats where they attempted to use the chatbot to skirt paywalls to access news content. A spokesperson told Ars that OpenAI plans to "keep fighting" the order, but the ChatGPT maker seems to have few options left. They could possibly petition the Second Circuit Court of Appeals for a rarely granted emergency order that could intervene to block Wang's order, but the appeals court would have to consider Wang's order an extraordinary abuse of discretion for OpenAI to win that fight.

In the meantime, OpenAI is negotiating a process that will allow news plaintiffs to search through the retained data. Perhaps the sooner that process begins, the sooner the data will be deleted. And that possibility puts OpenAI in the difficult position of having to choose between either caving to some data collection to stop retaining data as soon as possible or prolonging the fight over the order and potentially putting more users' private conversations at risk of exposure through litigation or, worse, a data breach. [...]

Both sides are negotiating the exact process for searching through the chat logs, with both parties seemingly hoping to minimize the amount of time the chat logs will be preserved. For OpenAI, sharing the logs risks revealing instances of infringing outputs that could further spike damages in the case. The logs could also expose how often outputs attribute misinformation to news plaintiffs. But for news plaintiffs, accessing the logs is not considered key to their case -- perhaps providing additional examples of copying -- but could help news organizations argue that ChatGPT dilutes the market for their content. That could weigh against the fair use argument, as a judge opined in a recent ruling that evidence of market dilution could tip an AI copyright case in favor of plaintiffs.

China's Northwestern Polytechnical University successfully tested a hypersonic aircraft called Feitian-2, claiming it reached Mach 12 and achieved a world-first by autonomously switching between rocket and ramjet propulsion mid-flight. The Register reports: The University named the craft "Feitian-2" and according to Chinese media the test flight saw it reach Mach 12 (14,800 km/h or 9,200 mph) -- handily faster than the Mach 5 speeds considered to represent hypersonic flight. Chinese media have not detailed the size of Feitian-2, or its capabilities other than to repeat the University's claim that it combined a rocket and a ramjet into a single unit. [...] The University and Chinese media claim the Feitian-2 flew autonomously while changing from rocket to ramjet while handling the hellish stresses that come with high speed flight.

This test matters because, as the US Congressional Budget Office found in 2023, hypothetical hypersonic missiles "have the potential to create uncertainty about what their ultimate target is. Their low flight profile puts them below the horizon for long-range radar and makes them difficult to track, and their ability to maneuver while gliding makes their path unpredictable." "Hypersonic weapons can also maneuver unpredictably at high speeds to counter short-range defenses near a target, making it harder to track and intercept them," the Office found.

Washington is so worried about Beijing developing hypersonic weapons that the Trump administration cited the possibility as one reason for banning another 27 Chinese organizations from doing business with US suppliers of AI and advanced computing tech. The flight of Feitian-2 was therefore a further demonstration of China's ability to develop advanced technologies despite US bans.

An anonymous reader quotes a report from TechCrunch: No wonder Google is desperate for more power: The company's data centers more than doubled their electricity use in just four years. The eye-popping stat comes from Google's most recent sustainability report, which it released late last week. In 2024, Google data centers used 30.8 million megawatt-hours of electricity. That's up from 14.4 million megawatt-hours in 2020, the earliest year Google broke out data center consumption. Google has pledged to use only carbon-free sources of electricity to power its operations, a task made more challenging by its breakneck pace of data center growth. And the company's electricity woes are almost entirely a data center problem. In 2024, data centers accounted for 95.8% of the entire company's electron budget.

The company's ratio of data-center-to-everything-else has been remarkably consistent over the last four years. Though 2020 is the earliest year Google has made data center electricity consumption figures available, it's possible to use that ratio to extrapolate back in time. Some quick math reveals that Google's data centers likely used just over 4 million megawatt-hours of electricity in 2014. That's sevenfold growth in just a decade. The tech company has already picked most of the low-hanging fruit by improving the efficiency of its data centers. Those efforts have paid off, and the company is frequently lauded for being at the leading edge. But as the company's power usage effectiveness (PUE) has approached the theoretical ideal of 1.0, progress has slowed. Last year, Google's company-wide PUE dropped to 1.09, a 0.01 improvement over 2023 but only 0.02 better than a decade ago. Yesterday, Google announced a deal to purchase 200 megawatts of future fusion energy from Commonwealth Fusion Systems, despite the energy source not yet existing. "It's a sign of how hungry big tech companies are for a virtually unlimited source of clean power that is still years away," reports CNN.

Laptop Mag, a tech publication that began in 1991 as a print magazine, is shutting down after nearly 35 years. The Verge reports: Laptop Mag has evolved many times over the years. It started as a print publication in 1991, when Bedford Communications launched the Laptop Buyers Guide and Handbook. Laptop Mag was later acquired by TechMedia Network (which is now called Purch) in 2011 and transitioned to digital-only content in 2013. Future PLC, the publisher that owns brands like PC Gamer, Tom's Guide, and TechRadar, acquired Purch -- and Laptop Mag along with it.

"We are incredibly grateful for your dedication, talent, and contributions to Laptop Mag, and we are committed to supporting you throughout this transition," [Faisal Alani, the global brand director at Laptop Mag owner Future PLC] said. Laptop Mag's shutdown follows the closure of long-running tech site AnandTech, which was also owned by Future PLC. It's not clear whether Laptop Mag's archives will be available following the shutdown.

Figma has filed to go public on the NYSE under the ticker "FIG," marking one of the most anticipated IPOs in recent years following its scrapped $20 billion acquisition by Adobe. CNBC reports: Revenue in the first quarter increased 46% to $228.2 million from $156.2 million in the same period a year ago, according to Figma's prospectus. The company recorded a net income of $44.9 million, compared to $13.5 million a year earlier. As of March 31, Figma had 1,031 customers contributing at least $100,000 a year to annual revenue, up 47% from a year earlier. Clients include Amazon Web Services, Google, Microsoft and Netflix. More than half of revenue comes from outside the U.S. Figma didn't say how many shares it plans to sell in the IPO. The company was valued at $12.5 billion in a tender offer last year, and in April it announced that it had confidentially filed for an IPO with the SEC. [...]

Figma was founded in 2012 by CEO Dylan Field, 33, and Evan Wallace, and is based in San Francisco. The company had 1,646 employees as of March 31. Before establishing Figma, Field spent over two years at Brown University, where he met Wallace. Field then took a Thiel Fellowship "to pursue entrepreneurial projects," according to the filing. The two-year program that Founders Fund partner Peter Thiel established in 2011 gives young entrepreneurs a $200,000 grant along with support from founders and investors, according to an online description. Field is the biggest individual owner of Figma, with 56.6 million Class B shares and 51.1% of voting power ahead of the IPO. He said in a letter to investors that it was time for Figma to buck the "trend of many amazing companies staying privately indefinitely." "Some of the obvious benefits such as good corporate hygiene, brand awareness, liquidity, stronger currency and access to capital markets apply," wrote Field. "More importantly, I like the idea of our community sharing in the ownership of Figma -- and the best way to accomplish this is through public markets."

As a public company, Field said investors should "expect us to take big swings," including through acquisitions.

In April, Figma bought the assets and team of an unnamed technology company for $14 million, according to the filing. They also registered over 13 million users per month, one-third of which are designers.

An anonymous reader quotes a report from TechCrunch: After 13 years of deploying robots into its warehouses, Amazon reached a new milestone. The tech behemoth now has 1 million robots in its warehouses, the company announced Monday. This one millionth robot was recently delivered to an Amazon fulfillment facility in Japan. That figure puts Amazon on track to reach another landmark: Its vast network of warehouses may soon have the same number of robots working as people, according to reporting from The Wall Street Journal. The WSJ also reported that 75% of Amazon's global deliveries are now assisted in some way by a robot. Amazon also unveiled a new generative AI model called DeepFleet, built using SageMaker and trained on its own warehouse data, which improves robotic fleet speed by 10% through more efficient route coordination.

Google will tell European Union antitrust regulators Tuesday that the bloc's Digital Markets Act is stifling innovation and harming European users and businesses. The tech giant faces charges under the DMA for allegedly favoring its own services like Google Shopping, Google Hotels, and Google Flights over competitors. Potential fines could reach 10% of Google's global annual revenue.

Google lawyer Clare Kelly will address a European Commission workshop, arguing that compliance changes have forced Europeans to pay more for travel tickets while airlines, hotels, and restaurants report losing up to 30% of direct booking traffic.

Tech enthusiast Matt Cole has created a comprehensive MicroSD card testing database, writing over 18 petabytes of data across nearly 200 cards since July 2023. Cole's "Great MicroSD Card Survey" uses eight machines running 70 card readers around the clock, writing 101 terabytes daily to test authenticity, performance, and endurance.

The 15,000-word report covering over 200 different cards reveals significant quality disparities. Name-brand cards purchased from Amazon performed markedly better than identical models from AliExpress, while cards with "fake flash" -- inflated capacity ratings -- performed significantly worse than authentic storage. Sandisk and Kingston cards averaged 4,634 and 3,555 read/write cycles before first error, respectively, while Lenovo cards averaged just 291 cycles. Some off-brand cards failed after only 27 cycles. Cole tested 51 cards to complete destruction during the endurance testing phase.

Tech companies are paying AI engineers unprecedented salaries as competition for talent intensifies, with some top engineers earning more than $10 million annually and typical packages ranging from $3 million to $7 million. OpenAI told staff this week it is seeking "creative ways to recognize and reward top talent" after losing key employees to rivals, despite offering salaries near the top of the market.

The move followed OpenAI CEO Sam Altman's claim that Meta had promised $100 million sign-on bonuses to the company's most high-profile AI engineers. Mark Chen, OpenAI's chief research officer, sent an internal memo saying he felt "as if someone has broken into our home and stolen something" after recent departures.

AI engineer salaries have risen approximately 50% since 2022, with mid-to-senior level research scientists now earning $500,000 to $2 million at major tech companies, compared to $180,000 to $220,000 for senior software engineers without AI experience.

An anonymous reader quotes a report from TechCrunch: The U.S. Department of Justice announced on Monday that it had taken several enforcement actions against North Korea's money-making operations, which rely on undercover remote IT workers inside American tech companies to raise funds for the regime's nuclear weapons program, as well as to steal data and cryptocurrency. As part of the DOJ's multi-state effort, the government announced the arrest and indictment of U.S. national Zhenxing "Danny" Wang, who allegedly ran a years-long fraud scheme from New Jersey to sneak remote North Korean IT workers inside U.S. tech companies. According to the indictment, the scheme generated more than $5 million in revenue for the North Korean regime. [...]

From 2021 until 2024, the co-conspirators allegedly impersonated more than 80 U.S. individuals to get remote jobs at more than 100 American companies, causing $3 million in damages due to legal fees, data breach remediation efforts, and more. The group is said to have run laptop farms inside the United States, which the North Korean IT workers could essentially use as proxies to hide their provenance, according to the DOJ. At times, they used hardware devices known as keyboard-video-mouse (KVM) switches, which allow one person to control multiple computers from a single keyboard and mouse. The group allegedly also ran shell companies inside the U.S. to make it seem like the North Korean IT workers were affiliated with legitimate local companies, and to receive money that would then be transferred abroad, the DOJ said.

The fraudulent scheme allegedly also involved the North Korean workers stealing sensitive data, such as source code, from the companies they were working for, such as from an unnamed California-based defense contractor "that develops artificial intelligence-powered equipment and technologies."