The Almighty Buck

You Can't Leave Unless You Buy Something (sfgate.com) 195

An anonymous reader quotes a report from SFGATE: At the Safeway on San Francisco's King Street, you now can't leave the store unless you buy something. The Mission Bay grocery store recently installed new anti-theft measures at the entrance and exit. New gates at the entrance automatically swing open when customers walk in, but they're set to trigger an alarm if someone attempts to back out. And if you walk into Safeway and change your mind about grocery shopping, you might find yourself trapped: Another gate that only opens if you scan your receipt blocks the store's sole exit.

During my Monday visit, I purchased a kombucha and went through the check-out line without incident. (No high-tech gates block the exit if you go through the line like normal.) But for journalism's sake, I then headed back into the store to try going out the new gate. While I watched some customers struggle with the new technology, my receipt scanned immediately. The glass doors slid open, and I was free. But if, like this person on the San Francisco subreddit recounted, I hadn't bought anything, my only means of exit would have been to beg the security guard to let me out.

The Almighty Buck

Direct File Won't Happen in 2026, IRS Tells States (nextgov.com) 93

NextGov: The IRS has notified states that offered the free, government tax filing service known as Direct File in 2025 that the program won't be available next filing season. In an email sent from the IRS to 25 states, the tax agency thanked them for collaborating and noted that "no launch date has been set for the future."

"IRS Direct File will not be available in Filing Season 2026," says the Monday email, obtained by Nextgov/FCW and confirmed by multiple sources. It follows reports that the program was ending and Trump's former tax chief, Billy Long, remarking over the summer that the service was "gone."

The program, which debuted in 2024, was a big shift from the decades-long IRS policy of not competing with the tax prep industry in offering its own free, online tax filing service for Americans. Many Republicans had opposed Direct File, and tax prep companies also lobbied against it.

China

Dutch Ready To Drop Nexperia Control If Chip Supply Resumes (msn.com) 30

An anonymous reader shares a report: The Netherlands is prepared to suspend its powers over Chinese-owned chipmaker Nexperia in a move that would de-escalate a fight with Beijing that threatens to disrupt automotive production around the world. The Dutch government is ready to shelve the ministerial order that gave it the power to block or change key corporate decisions at Nexperia, if China allows exports of its critical chips again, according to people familiar with the matter.

If the shipment of supplies resumes and is verified in the coming days, the Dutch are willing to revoke its powers as soon as next week, said the people, who spoke on the condition of anonymity. Financial issues between Nexperia and its Chinese operations would also need to be resolved. [...] In a sign of easing tensions, the Dutch government said in a statement late Thursday that it expects Nexperia's Chinese unit to resume chip supplies in the coming days.

United States

Why Manufacturing's Last Boom Will Be Hard To Repeat (msn.com) 92

American manufacturing's postwar boom from the 1940s through the 1970s resulted from conditions that cannot be recreated, a story on WSJ argues. Global competitors had been destroyed by war. Energy was cheap. Unions could demand concessions without fearing job losses to foreign rivals.

Strikes were frequent in steel, auto, trucking, rubber and coal mining. That relentless pressure from an organized working class raised real wages and created fringe benefits including health insurance and retirement pay. Government support for unions kept executive salaries at just a few times median income. Stock buybacks were illegal or frowned upon. President Eisenhower declared at the 1956 dedication of the AFL-CIO national headquarters that "Labor is the United States."

The system began unraveling by the mid-1960s. The Vietnam War drained federal coffers. Inflation accelerated as government deficits exploded. Nixon abandoned the gold standard in 1971, unleashing currency volatility. The 1973 OPEC oil embargo quadrupled energy prices. Foreign competition returned from Japan, Korea and West Germany. American companies carried mounting legacy costs like pensions that discouraged investment in upgrades and research.

Milton Friedman declared in a 1970 New York Times essay that the social responsibility of business is to increase its profits. Clinton signed NAFTA in 1993 and championed the World Trade Organization in 1995. Bethlehem Steel employed around 150,000 people in the mid-1950s. The company filed for bankruptcy in 2001. Its former hometown plant in Bethlehem, Pa., is now a casino.
Games

'Grand Theft Auto' Studio Says Fired Employees Were Leaking Information (msn.com) 32

Rockstar Games, the company behind the hit Grand Theft Auto franchise, said that the dozens of employees it fired last week were leaking company secrets, disputing allegations by labor leaders that it was disrupting workers' attempt to unionize. From a report: The employees had been sharing company information in a forum that included non-employees, a Rockstar spokesperson said in a statement to Bloomberg on Wednesday. "Last week, we took action against a small number of individuals who were found to be distributing and discussing confidential information in a public forum, a violation of our company policies," the spokesperson said. "This was in no way related to people's right to join a union or engage in union activities." The company, part of Take-Two Interactive Software, fired between 30 and 40 employees across offices in the UK and Canada for what it said was "gross misconduct." The Independent Workers' Union of Great Britain, the first to organize video-game workers in the UK, told Bloomberg that the employees had all been involved with union efforts at Rockstar, calling the firings "one of the most blatant and ruthless acts of union busting in the history of the games industry."
Supercomputing

A New Ion-Based Quantum Computer Makes Error Correction Simpler (technologyreview.com) 10

An anonymous reader quotes a report from MIT Technology Review: The US- and UK-based company Quantinuum today unveiled Helios, its third-generation quantum computer, which includes expanded computing power and error correction capability. Like all other existing quantum computers, Helios is not powerful enough to execute the industry's dream money-making algorithms, such as those that would be useful for materials discovery or financial modeling. But Quantinuum's machines, which use individual ions as qubits, could be easier to scale up than quantum computers that use superconducting circuits as qubits, such as Google's and IBM's. "Helios is an important proof point in our road map about how we'll scale to larger physical systems," says Jennifer Strabley, vice president at Quantinuum, which formed in 2021 from the merger of Honeywell Quantum Solutions and Cambridge Quantum. Honeywell remains Quantinuum's majority owner.

Located at Quantinuum's facility in Colorado, Helios comprises a myriad of components, including mirrors, lasers, and optical fiber. Its core is a thumbnail-size chip containing the barium ions that serve as the qubits, which perform the actual computing. Helios computes with 98 barium ions at a time; its predecessor, H2, used 56 ytterbium qubits. The barium ions are an upgrade, as they have proven easier to control than ytterbium. These components all sit within a chamber that is cooled to about 15 Kelvin (-432.67 ), on top of an optical table. Users can access the computer by logging in remotely over the cloud. [...] Helios is noteworthy for its qubits' precision, says Rajibul Islam, a physicist at the University of Waterloo in Canada, who is not affiliated with Quantinuum. The computer's qubit error rates are low to begin with, which means it doesn't need to devote as much of its hardware to error correction. Quantinuum had pairs of qubits interact in an operation known as entanglement and found that they behaved as expected 99.921% of the time. "To the best of my knowledge, no other platform is at this level," says Islam.

[...] Besides increasing the number of qubits on its chip, another notable achievement for Quantinuum is that it demonstrated error correction "on the fly," says David Hayes, the company's director of computational theory and design, That's a new capability for its machines. Nvidia GPUs were used to identify errors in the qubits in parallel. Hayes thinks that GPUs are more effective for error correction than chips known as FPGAs, also used in the industry. Quantinuum has used its computers to investigate the basic physics of magnetism and superconductivity. Earlier this year, it reported simulating a magnet on H2, Quantinuum's predecessor, with the claim that it "rivals the best classical approaches in expanding our understanding of magnetism." Along with announcing the introduction of Helios, the company has used the machine to simulate the behavior of electrons in a high-temperature superconductor.
Quantinuum is expanding its Helios line with a new system in Minnesota. It's also started developing its fourth-generation quantum computer, Sol, set for 2027 with 192 qubits. Then, a fifth-generation system, Apollo, is expected in 2029 with thousands of qubits and full fault tolerance.
Crime

Ex-Cybersecurity Staff Charged With Moonlighting as Hackers (msn.com) 10

Three employees at cybersecurity companies spent years moonlighting as criminal hackers, launching their own ransomware attacks in a plot to extort millions of dollars from victims around the country, US prosecutors alleged in court filings. From a report: Ryan Clifford Goldberg, a former incident response supervisor at Sygnia Consulting, and Kevin Tyler Martin, who was a ransomware negotiator for DigitalMint, were charged with working together to hack five businesses starting in May 2023. In one instance, they, along with a third person, received a ransom payment of nearly $1.3 million worth of cryptocurrency from a medical device company based in Tampa, Florida, according to prosecutors.

The trio worked in a part of the cybersecurity industry that has sprung up to help companies negotiate with hackers to unfreeze their computer networks -- sometimes by paying ransom. They are also accused of sharing their illicit profits with the developers of the type of ransomware they allegedly used on their victims. DigitalMint informed some customers about the charges last week, according to a document seen by Bloomberg News.

The other person who was allegedly involved in the scheme was also a ransomware negotiator at the same firm as Martin but wasn't charged, according to court records. The person wasn't identified in court records, nor were the companies that were the defendants' former employers. Sygnia confirmed Goldberg had worked there. Martin last year gave a talk at a law school, which listed him as an employee of DigitalMint.

United States

What Happened When Small-Town America Became Data-Center, USA (msn.com) 48

Amazon's data-center expansion turned Umatilla, Oregon into an unlikely nerve center for American infrastructure investment. The community of roughly 8,000 residents has seen home prices double and local government budgets surge from $7 million in 2011 to a hundred and $44 million in the past fiscal year. Yesenia Leon-Tejeda, a Realtor and daughter of Mexican-born farmhands who once worked 12-hour shifts at a distribution center, is now on pace to close 35 deals this year.

Federal data shows investment in software and information-processing equipment drove most of America's GDP growth in the first half of 2025. Goldman Sachs estimated that roughly 72% of all server-farm capacity sat in just 1% of counties as of July. The region's hydroelectric dams and cheap power attracted Amazon Web Services more than a decade ago. Growth has brought rising costs for housing and child care. Political tensions over spending erupted this year when Mayor Caden Sipe sued the city manager and council members.
Transportation

EV Sales Plummet In October After Federal Tax Credit Ends (caranddriver.com) 312

Longtime Slashdot reader sinij shares a report from Car and Driver: Sales of electric vehicles surged in September as shoppers rushed to take advantage of the $7500 federal EV tax credit before it disappeared at the end of the month. With the government subsidies now gone, EV sales were expected to take a hit in October. While only a few automakers still report sales on a monthly basis, the results we do have do not paint a rosy picture for EVs in a post-tax credit world.

The Korean automakers were hit particularly hard by the loss of the tax credit. The Hyundai Ioniq 5, which was the fifth-best-selling EV through the third quarter of this year, experienced a 63 percent drop, moving 1642 units in October 2025, down from 4498 in 2024. Its platform-mates saw similar declines. The Kia EV6 moved just 508 units, down 71 percent versus the same month the year before, while the luxurious Genesis GV60 only found 93 buyers, a 54 percent slide year over year. Things were even worse at Honda. While the Acura ZDX was recently discontinued after just a single model year, the related Honda Prologue remains on sale but registered just 806 units, down 81 percent from 4130 sales in October 2024. [...]

Obviously, this isn't the full picture, as several major players -- including General Motors, Toyota, Nissan, and Volkswagen -- only release sales reports on a quarterly basis, and others, such as Tesla and Rivian, don't break out individual sales at all. But with four of the top 10 bestselling EVs through Q3 all showing noteworthy declines in October, it spells trouble for the EV market at large. The end-of-year sales figures will provide a much clearer picture of whether October was just a blip or the start of a much more widespread problem for EV sales.

The Courts

Spotify Sued Over 'Billions' of Fraudulent Drake Streams (consequence.net) 32

A new class-action lawsuit accuses Spotify of allowing billions of fraudulent Drake streams generated by bots between 2022 and 2025, allegedly inflating his royalties at the expense of other artists. "Spotify pays streaming royalties using a 'pro-rata' model based on an artist's market share," notes Consequence. "Each month, revenue from subscriptions and ads is collected into a single, fixed 'pot' of money, which is then distributed to rights holders based on their percentage of the platform's total streams. Because this pot is fixed, an artist who artificially inflates their numbers through bots would dilute the value of every legitimate stream. This allows them to take a larger share of the pot than they earned, effectively siphoning royalties that should have gone to other artists." From the report: According to Rolling Stone, the lawsuit alleges bot use is a widespread problem on Spotify. However, Drake is the only example named, based on "voluminous information" which the company "knows or should know" that proves a "substantial, non-trivial percentage" of his approximately 37 billion streams were "inauthentic and appeared to be the work of a sprawling network of Bot Accounts."

The complaint claims this alleged fraudulent activity took place between "January 2022 and September 2025," with an examination of "abnormal VPN usage" revealing at least 250,000 streams of Drake's song "No Face" during a four-day period in 2024 were actually from Turkey "but were falsely geomapped through the coordinated use of VPNs to the United Kingdom in [an] attempt to obscure their origins." Other notable allegations in the lawsuit are that "a large percentage" of accounts were concentrated in areas where the population could not support such a high volume of streams, including those with "zero residential addresses." The suit also points to "significant and irregular uptick months" for Drake's songs long after their release, as well as a "slower and less dramatic" downtick in streams compared to other artists.

Noting a "staggering and irregular" streaming of Drake's music by individuals, the suit also claims there are a "massive amount of accounts" listening to his songs "23 hours a day." Less than 2% of those users account for "roughly 15 percent" of his streams. "Drake's music accumulated far higher total streams compared to other highly streamed artists, even though those artists had far more 'users' than Drake," the lawsuit concludes.

Businesses

A Fight Over Credit Scores Turns Into All-Out War (msn.com) 53

A long-simmering battle over who controls credit scoring in America has erupted into open warfare. Fair Isaac, whose FICO score is used in about 90% of consumer-lending decisions in the U.S., announced it will double the price of its mortgage credit score to $10 next year. The company also said it will bypass the three credit-reporting firms that have supplied the data feeding into its algorithm for decades.

Equifax, Experian and TransUnion created VantageScore in 2006 as an alternative to FICO and collectively own the scoring system. The move came months after Bill Pulte, head of the Federal Housing Finance Agency, announced that Fannie Mae and Freddie Mac would allow lenders to use VantageScore for mortgage approvals. The three credit-reporting firms responded by offering VantageScore free for many loans. Fair Isaac had charged a few cents per score for decades before chief executive Will Lansing began raising prices several years ago. Revenue from selling credit scores reached $920 million in fiscal 2024, nearly five times what it was a decade earlier.
Education

Palantir Thinks College Might Be a Waste. So It's Hiring High-School Grads. 224

Palantir launched a fellowship that recruited high school graduates directly into full-time work, bypassing college entirely. The company received more than 500 applications and selected 22 for the inaugural class. The four-month program began with seminars on Western civilization, U.S. history, and leaders including Abraham Lincoln and Winston Churchill. Fellows then embedded in client teams working on live projects for hospitals, insurance companies, defense contractors, and government agencies.

CEO Alex Karp, who studied at Haverford and Stanford, said in August that hiring university students now means hiring people engaged in "platitudes." The program wraps up in November. Palantir executives said they had a clear sense by the third or fourth week of which fellows were succeeding in the company environment. Fellows who perform well will receive offers for permanent positions without college degrees.
Games

'Grand Theft Auto' Studio Accused of Union Busting After Firing Dozens (msn.com) 41

"Rockstar Games fired dozens of employees," reports Bloomberg, "in a move that a British trade union said was designed to prevent the workers from unionizing. The company said they were fired for misconduct." TheGrand Theft Automaker terminatedbetween 30 and 40 staffersacross multipleoffices in the UK and Canada on Thursday, according to aspokesperson for the Independent Workers' Union of Great Britain (IWGB). All of the employees were part of a private trade union chat groupon Discord and were either members of the union or attempting to organize at the company, the union spokesperson said.

"Rockstar has just carried out one of the most blatant and ruthless acts of union busting in the history of the games industry," Alex Marshall, president of theIWGB, said in a statement. "This flagrant contempt for the law and for the lives of the workers who bring in their billions is an insult to their fans and the global industry."

On BlueSky the IWGB union posted "We won't back down, and we're not scared — we will fight for every member to be reinstated."

Bloomberg notes that Grand Theft Auto VIis slated for release on May 26, 2026, "and is expected to be one of the top-selling video games of all time."
AI

Is OpenAI Becoming 'Too Big to Fail'? (msn.com) 149

OpenAI "hasn't yet turned a profit," notes Wall Street Journal business columnist Tim Higgins. "Its annual revenue is 2% of Amazon.com's sales.

"Its future is uncertain beyond the hope of ushering in a godlike artificial intelligence that might help cure cancer and transform work and life as we know it. Still, it is brimming with hope and excitement.

"But what if OpenAI fails?" There's real concern that through many complicated and murky tech deals aimed at bolstering OpenAI's finances, the startup has become too big to fail. Or, put another way, if the hype and hope around Chief Executive Sam Altman's vision of the AI future fails to materialize, it could create systemic risk to the part of the U.S. economy likely keeping us out of recession.

That's rarefied air, especially for a startup. Few worried about what would happen if Pets.com failed in the dot-com boom. We saw in 2008-09 with the bank rescues and the Chrysler and General Motors bailouts what happens in the U.S. when certain companies become too big to fail...

[A]fter a lengthy effort to reorganize itself, OpenAI announced moves that will allow it to have a simpler corporate structure. This will help it to raise money from private investors and, presumably, become a publicly traded company one day. Already, some are talking about how OpenAI might be the first trillion-dollar initial public offering... Nobody is saying OpenAI is dabbling in anything like liar loans or subprime mortgages. But the startup is engaging in complex deals with the key tech-industry pillars, the sorts of companies making the guts of the AI computing revolution, such as chips and Ethernet cables. Those companies, including Nvidia and Oracle, are partnering with OpenAI, which in turn is committing to make big purchases in coming years as part of its growth ambitions.

Supporters would argue it is just savvy dealmaking. A company like Nvidia, for example, is putting money into a market-making startup while OpenAI is using the lofty value of its private equity to acquire physical assets... They're rooting for OpenAI as a once-in-a-generational chance to unseat the winners of the last tech cycles. After all, for some, OpenAI is the next Apple, Facebook, Google and Tesla wrapped up in one. It is akin to a company with limitless potential to disrupt the smartphone market, create its own social-media network, replace the search engine, usher in a robot future and reshape nearly every business and industry.... To others, however, OpenAI is something akin to tulip mania, the harbinger of the Great Depression, or the next dot-com bubble. Or worse, they see, a jobs killer and mad scientist intent on making Frankenstein.

But that's counting on OpenAI's success.

AI

Do AI Browsers Exist For You - or To Give AI Companies Data? (fastcompany.com) 39

"It's been hard for me to understand why Atlas exists," writes MIT Technology Review. " Who is this browser for, exactly? Who is its customer? And the answer I have come to there is that Atlas is for OpenAI. The real customer, the true end user of Atlas, is not the person browsing websites, it is the company collecting data about what and how that person is browsing."

New York Magazine's "Intelligencer" column argues OpenAI wants ChatGPT in your browser because "That's where people who use computers, particularly for work, spend all their time, and through which vast quantities of valuable information flow in and out. Also, if you're a company hoping to train your models to replicate a bunch of white-collar work, millions of browser sessions would be a pretty valuable source of data."

Unfortunately, warns Fast Company, ChatGPT Atlas, Perplexity Comet, and other AI browses "include some major security, privacy, and usability trade-offs... Most of the time, I don't want to use them and am wary of doing so..." Worst of all, these browsers are security minefields. A web page that looks benign to humans can includehidden instructions for AI agents, tricking them into stealing info from other sites... "If you're signed into sensitive accounts like your bank or your email provider in your browser, simply summarizing a Reddit postcould result in an attacker being able to steal money or your private data,"Brave's security researchers wrotelast week.No one has figured out how to solve this problem.

If you can look past the security nightmares, the actual browsing features are substandard. Neither ChatGPT Atlas nor Perplexity Comet support vertical tabs — a must-have feature for me — and they have no tab search tool or way to look up recently-closed pages. Atlas also doesn't support saving sites as web apps, selecting multiple tabs (for instance, to close all at once with Cmd+W), or customizing the appearance. Compared to all the fancy new AI features, the web browsing part can feel like an afterthought. Regular web search can also be a hassle, even though you'll probably need it sometimes. When I typed "Sichuan Chili" into ChatGPT Atlas, it produced a lengthy description of the Chinese peppers, not the nearby restaurant whose website and number I was looking for.... Meanwhile, the standard AI annoyances still apply in the browser. Getting Perplexity to fill my grocery cart felt like a triumph, but on other occasions the AI has run into inexplicable walls and only ended up wasting more time.

There may be other costs to using these browsers as well. AI still has usage limits, and so all this eventually becomes a ploy to bump more people into paid tiers. Beyond that,Atlas is constantly analyzing the pages you visit to build a "memory" of who you are and what you're into. Do not be surprised if this translates to deeply targeted ads as OpenAI startslooking at ways to monetize free users. For now, I'm only using AI browsers in small doses when I think they can solve a specific problem.

Even then, I'm not going sign them into my email, bank accounts, or any other accounts for which a security breach would be catastrophic. It's too bad, because email and calendars are areas where AI agents could be truly useful, but the security risks are too great (andwell-documented).

The article notes that in August Vivaldi announced that "We're taking a stand, choosing humans over hype" with their browser: We will not use an LLM to add a chatbot, a summarization solution or a suggestion engine to fill up forms for you, until more rigorous ways to do those things are available. Vivaldi is the haven for people who still want to explore. We will continue building a browser for curious minds, power users, researchers, and anyone who values autonomy. If AI contributes to that goal without stealing intellectual property, compromising privacy or the open web, we will use it. If it turns people into passive consumers, we will not...

We're fighting for a better web.

XBox (Games)

The Numbers Show Xbox's Current Plan Isn't Working (gizmodo.com) 49

An anonymous reader quotes a report from Gizmodo: It's time for Xbox to eat some humble pie and perform some real soul-searching. Microsoft released its latest quarterly earnings report and proved the worst of our fears about its gaming brand. Not only are Xbox hardware sales down significantly, but the brand itself is barely treading water. Gamers are voicing their displeasure with their wallets, but Microsoft's top brass is still only thinking about the margins. Microsoft was more keen to promote the scale of its cloud and AI services revenue -- which was up 28% year over year -- than talk about its beleaguered gaming brand. The company's overall gaming revenue fell by 2% compared to the same time last year. This was precipitated by a "decline in Xbox hardware," which was down by 22% following a steady decline quarter after quarter. Its first-party games and its Game Pass subscription were doing better, though the overall growth was only up by 1%, and even that was driven by the "better-than-expected performance" of third-party games. You can give credit to titles like Clair Obscur: Expedition 33 for why Xbox isn't in an even deeper hole than it is now.

The tech giant has no expectation that its Xbox brand will start making more money anytime soon. In its earnings call with investors, Microsoft Chief Financial Officer Amy Hood said the company expects Xbox will continue to decline "in the low to mid-single digits" for the following quarter. That's mostly due to the lack of landmark first-party titles. Just this month, Xbox released Ninja Gaiden 4, The Outer Worlds 2, and Double Fine's The Keeper. Xbox also made a huge marketing push for its first handheld, made in partnership with Asus, the ROG Xbox Ally and Ally X. In any other year, this would be a big month for any gaming company. The dour outlook comes after months of bad news. After two subsequent price hikes, Xbox Series S and Series X consoles now cost between $100 to $150 more than they did at launch five years ago. Microsoft also pushed prices of its Game Pass Ultimate subscription tier from $20 to $30 per month. A full-year's subscription would now demand $360.
In a separate article, Gizmodo reviews Microsoft's new ROG Xbox Ally X handheld, which "offers a better experience overall" than the "other small-scale Windows PC gaming devices released this year." However, "it's still nowhere close to what you truly want from a console."
AI

Nvidia Becomes World's First $5 Trillion Company 31

Nvidia became the world's first $5 trillion company on Wednesday after its stock climbed 5% in early Wall Street trading to push its market capitalization to $5.13 trillion. The Silicon Valley chipmaker reached the milestone three months after hitting $4 trillion and three years after it was valued at roughly $400 billion before the debut of ChatGPT.

Nvidia chief executive Jensen Huang said Tuesday that Nvidia had secured half a trillion dollars in orders for its AI chips over the next five quarters. The stock had already gained 5% on Tuesday and added more than $200 billion to its market value. President Donald Trump said Wednesday he planned to discuss Nvidia's Blackwell chip with China's President Xi Jinping when the two leaders meet later this week. Nvidia's latest generation of graphics processing units is not currently available in China because of US export controls. The company's shares have risen more than 85% in the past six months.
Biotech

China Pushes Boundaries With Animal Testing to Win Global Biotech Race (bloomberg.com) 36

China is accelerating its biotech ambitions by pushing the limits of animal testing and gene editing (source paywalled; alternative source) while Western countries tighten ethical restrictions. "Editing the genes of large animals such as pigs, monkeys and dogs faces scant regulation in China," reports Bloomberg. "Meanwhile, regulators in the US and Europe demand layers of ethical reviews, rendering similar research involving large animals almost impossible." From the report: Backing the work of China's scientists is not only permissiveness but state money. In 2023 alone, the Chinese government funneled an estimated $3 billion into biotech. Its sales of cell and gene therapies are projected to reach $2 billion by 2033 from $300 million last year. On the Chinese researchers' side are government-supported breeding and research centers for gene-edited animals and a public largely in approval of pushing the boundaries of animal testing.

The country should become "a global scientific and technology power," Xi said, declaring biotechnology and gene editing a strategic priority. For decades, the country's pharmaceutical companies specialized in generics, reproducing drugs already pioneered elsewhere. Delving head first into gene editing research may be key to China's plan to develop innovative drugs as well as reduce its dependence on foreign pharmaceutical companies.

The result is a country that now dominates headlines with stories of large, genetically modified animals being produced for science -- and the catalog is startling. Its scientists have created monkeys with schizophrenia, autism and sleep disorders. They were the first to clone primates. They've engineered dogs with metabolic and neurological diseases, and even cloned a gene-edited beagle with a blood-clotting disorder.

AI

China's DeepSeek and Qwen AI Beat US Rivals In Crypto Trading Contest (yahoo.com) 31

hackingbear shares a report from Crypto News: Two Chinese artificial intelligence (AI) models, DeepSeek V3.1 and Alibaba's Qwen3-Max, have taken a commanding lead over their US counterparts in a live real-world real-money cryptocurrency trading competition, posting triple-digit gains in less than two weeks. According to Alpha Arena, a real-market trading challenge launched by US research firm Nof1, DeepSeek's Chat V3.1 turned an initial $10,000 into $22,900 by Monday, a 126% increase since trading began on October 18, while Qwen 3 Max followed closely with a 108% return.

In stark contrast, US models lagged far behind. OpenAI's GPT-5 posted the worst performance, losing nearly 60% of its portfolio, while Google DeepMind's Gemini 2.5 Pro showed a similar 57% decline. xAI's Grok 4 and Anthropic's Claude 4.5 Sonnet fared slightly better, returning 14% and 23% respectively. "Our goal with Alpha Arena is to make benchmarks more like the real world -- and markets are perfect for this," Nof1 said on its website.

Python

Python Foundation Rejects Government Grant Over DEI Restrictions (theregister.com) 265

The Python Software Foundation rejected a $1.5 million U.S. government grant because it required them to renounce all diversity, equity, and inclusion initiatives. "The non-profit would've used the funding to help prevent supply chain attacks; create a new automated, proactive review process for new PyPI packages; and make the project's work easily transferable to other open-source package managers," reports The Register. From the report: The programming non-profit's deputy executive director Loren Crary said in a blog post today that the National Science Founation (NSF) had offered $1.5 million to address structural vulnerabilities in Python and the Python Package Index (PyPI), but the Foundation quickly became dispirited with the terms (PDF) of the grant it would have to follow. "These terms included affirming the statement that we 'do not, and will not during the term of this financial assistance award, operate any programs that advance or promote DEI [diversity, equity, and inclusion], or discriminatory equity ideology in violation of Federal anti-discrimination laws,'" Crary noted. "This restriction would apply not only to the security work directly funded by the grant, but to any and all activity of the PSF as a whole."

To make matters worse, the terms included a provision that if the PSF was found to have voilated that anti-DEI diktat, the NSF reserved the right to claw back any previously disbursed funds, Crary explained. "This would create a situation where money we'd already spent could be taken back, which would be an enormous, open-ended financial risk," the PSF director added. The PSF's mission statement enshrines a commitment to supporting and growing "a diverse and international community of Python programmers," and the Foundation ultimately decided it wasn't willing to compromise on that position, even for what would have been a solid financial boost for the organization. "The PSF is a relatively small organization, operating with an annual budget of around $5 million per year, with a staff of just 14," Crary added, noting that the $1.5 million would have been the largest grant the Foundation had ever received - but it wasn't worth it if the conditions were undermining the PSF's mission. The PSF board voted unanimously to withdraw its grant application.

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