Microsoft will invest $30 billion in the U.K. through 2028 to expand AI infrastructure and operations, including building the country's largest supercomputer with 23,000 GPUs in partnership with Nscale. CNBC reports: On a call with reporters on Tuesday, Microsoft President Brad Smith said his stance on the U.K. has warmed over the years. He previously criticized the country over its attempt in 2023 to block the tech giant's $69 billion acquisition of video game developer Activision-Blizzard. The deal was cleared by the U.K.s competition regulator later that year.

"I haven't always been optimistic every single day about the business climate in the U.K.," Smith said. However, he added, "I am very encouraged by the steps that the government has taken over the last few years." "Just a few years ago, this kind of investment would have been inconceivable because of the regulatory climate then and because there just wasn't the need or demand for this kind of large AI investment," Smith said. Microsoft's announcement comes as President Donald Trump embarks on a state visit to Britain where he's expected to sign a new deal with U.K. Prime Minister Keir Starmer "to unlock investment and collaboration in AI, Quantum, and Nuclear technologies," the government said in a statement late Tuesday.

An anonymous reader shares a report: Apollo is exploring a sale of early internet darling AOL after receiving inbound interest in the business, according to people familiar with the matter. Any deal could value AOL at around $1.5 billion, the people said. It is also possible the talks won't result in any deal, they cautioned.

Apollo bought AOL in 2021 as part of a $5 billion deal to acquire that business and Yahoo from Verizon. AOL generates around $400 million in annual earnings before interest, taxes, depreciation and amortization, the people familiar with the matter said. Its main business lines include software for internet privacy and protection, and the AOL.com website and email domain.

An anonymous reader shares a report: Anyone who surveys the public, from marketers to pollsters, struggles nowadays to get people to answer their questions. That phenomenon afflicts crucial government data, making it harder for policymakers and investors to know the true state of the economy. Falling survey participation is an important reason the flagship jobs report released every month by the Bureau of Labor Statistics, part of the Labor Department, has undergone such big revisions recently.

This has rippled into the political sphere. On Aug. 1, President Trump fired BLS Commissioner Erika McEntarfer after a particularly large downward revision to jobs for May and June that owed partly to late responses from survey participants. The White House and top administration officials increased their attacks on the BLS last week after the agency published an annual revision suggesting the U.S. added 911,000 fewer jobs over the 12 months through March. The BLS blamed the initial overestimate partly on response rates.

[...] One hypothesis is known as survey fatigue: People are being asked to answer too many questionnaires. Jonathan Eggleston, a senior economist at the U.S. Census Bureau, found in a 2024 study that recent participants in that agency's monthly and annual surveys, which are voluntary, were less likely to answer the 2020 census by mail, phone or online, without a knock on the door. Another is the rise of cellphones with caller ID. In the days of landlines, people had to pick up the phone to know who was calling. These days, many decline to answer callers they don't recognize.

Robinhood has filed with the SEC to launch "Robinhood Ventures Fund I," a publicly traded fund designed to give retail investors access to startup shares before IPOs. TechCrunch reports: While the current version of the application is public, Robinhood hasn't filled in the fine-print yet. This means we don't know how many shares it plans to sell, nor other details like the management fee it plans to charge. It's also unclear which startups it hopes this fund will eventually hold. The paperwork says it "expects" to invest in aerospace and defense, AI, fintech, robotics as well as software for consumers and enterprises.

Robinhood's big pitch is that retail investors are being left out of the gains that are amassed by startup investors like VCs. That's true to an extent. "Accredited investors" -- or those with a net worth large enough to handle riskier investments -- already have a variety of ways of buying equity in startups, such as with venture firms like OurCrowd. Retail investors that are not rich enough to be accredited have more limited options. There are funds similar to what Robinhood has proposed, including Cathy Wood's ARK Venture Fund, a mutual fund which holds stakes in companies like Anthropic, Databricks, OpenAI, SpaceX, and others. [...] This new closed-end "Ventures Fund I" is a more classic, mutual fund-style, approach. As to when Robinhood's new fund will be available we don't know that either yet.

President Donald Trump called Monday for companies to report earnings every six months instead of quarterly. Trump posted on social media that semi-annual reporting would save money and let managers focus on running companies. The SEC mandated quarterly reports in 1970. Trump made similar comments in 2018 that prompted SEC public comment but no regulatory changes.

Critics argue quarterly reporting increases costs and encourages short-term thinking. Supporters say frequent disclosures maintain investor trust and reduce market manipulation risks.

Further reading: The Renewed Bid To End Quarterly Earnings Reports.

Toxic fumes from jet engines are leaking into aircraft cabins at an accelerating rate, reaching 108 incidents per million departures in 2024 compared to 12 in 2014, a Wall Street Journal investigation found. The fumes contain neurotoxins and carbon monoxide that have caused brain injuries in crew members. JetBlue flight attendant Florence Chesson suffered permanent neurological damage after inhaling engine oil vapors in 2018, diagnosed by neurologists as equivalent to an NFL linebacker's concussion.

The surge is driven by Airbus A320 aircraft, particularly the A320neo model introduced in 2016. WSJ reports Airbus loosened maintenance requirements under airline pressure despite knowing the changes would increase incidents. The FAA received over 700 fume event reports from major U.S. airlines in 2024. Most commercial jets except Boeing's 787 use a "bleed air" system that pulls cabin air through engines.

America's Federal Trade Commission is investigating whether Amazon and Google misled advertisers placing ads on their websites, reports Bloomberg, and specifically whether the two companies "properly disclosed the terms and pricing for ads." The FTC is seeking details about Amazon's auctions and whether it disclosed "reserve pricing" for some search ads — price floors that advertisers must meet before they can buy an ad, the people said. Separately, the FTC is examining practices by Google, including its internal pricing process and whether it increased the cost of ads in ways that weren't disclosed to advertisers, the people said...

According to one of the people, the FTC's latest investigation emerged from its earlier antitrust case. In that complaint, the agency alleges that Amazon litters its marketplace with irrelevant results for search queries, making it harder for shoppers to find what they are looking for and more expensive for sellers to use the platform. The practice effectively forces sellers to buy ads to make their product appear in response to consumer searches.

TechCrunch reports: Thanks to a pledge to unbundle its corporate messaging app Teams from its productivity suites, Microsoft has managed to slip unscathed through a major antitrust investigation by the European Commission that could have resulted in massive fines for the tech giant.

The Commission on Friday okayed Microsoft's concessions to address the EU's competition concerns over the company including Teams along with the rest of its Office productivity suite for free, concluding a multi-year investigation that was sparked by complaints from rival office messaging app Slack in 2020. Microsoft has promised that for the next seven years, it will provide Microsoft 365 and Office 365 without Teams at a lower price and will let customers choose whether they want to pay more to add the collaboration app to the suites...

Microsoft is voluntarily offering some versions of both its productivity suites without Teams at a 50% lower price compared to versions that bundle the app, worldwide. And Microsoft dodged punitive measures and a big fine, as the Commission's penalties for breaching competition rules can reach up to 10% of annual global revenue — which, considering the tech giant last year recorded $245 billion in revenue, would have been truckloads of money.
The article adds one more interesting detail. "The Commission has also managed to get Microsoft to agree to open up its APIs to enable interoperability for key features between its suite and third-party messaging and collaboration tools, as well as let them export their data out of teams for the next five years..." The Commission's official announcement says this will "open up the market for other providers of communication and collaboration tools in Europe."

And Microsoft will also allow customers with long-term licenses the option of switching to a suite switch without Teams...

Paramount and Comcast's NBCUniversal are joining Microsoft in telling employees "they could face consequences if they don't return to the office more frequently," reports the Washington Post: NBCUniversal sent a memo to its employees telling them to return to the office four days a week starting in January [with the option to work remotely on Fridays]. Last week, Paramount told employees to return five days a week, with the first group starting in January. Both Paramount and NBCUniversal said they would offer severance packages to eligible employees who are unwilling or unable to make the switch... Companies have been cracking down on flexible work for the past several years, with Goldman Sachs being one of the first to implement a five-day office policy. Since then, others have joined in including Amazon, AT&T, JPMorgan Chase and the federal government...

Overall, the number of people working full time in office hasn't changed much over the past couple of years. About 61.7 percent of salaried employees worked from an office full time in August, according to data from university researchers Jose Maria Barrero, Nicholas Bloom and Steven J. Davis, who are studying the matter. That is down one percentage point from August 2024, their research shows. During the same period, the amount of people working remotely dropped two percentage points and those working hybrid schedules increased three points.

While most of the big office pushes are coming from some of the largest employers in the nation, the majority of companies in the United States aren't requiring full-time office work, said Brian Elliott [publisher of the Flex Index, which tracks flexible policies, and CEO]. And about half of U.S. workers are employed by smaller companies, he added. Some companies are capitalizing on the mandates, using flexible policies as a way to poach talent from their competitors, he said....

Some employers are using office mandates to purposely shed workers. An August report from the Federal Reserve Bank shows that "multiple districts reported reducing headcounts through attrition — encouraged, at times, by return-to-office policies and facilitated, at times, by greater automation, including new AI tools." Still, with fewer job openings in the market, some employees will have to comply with office mandates.
Announcing their return-to-office mandates, employers gave the following reasons:

• "In-person collaboration is absolutely vital to building and strengthening our culture and driving the success of our business. Being together helps us innovate, solve problems, share ideas, create, challenge one another, and build the relationships that will make this company great."
  
  -- Paramount CEO David Ellison (in a memo to staff)

• "It has become increasingly clear that we are better when we are together. As we have all experienced, in-person work and collaboration spark innovation, promote creativity, and build stronger connections."
  
  -- Adam Miller, NBCUniversal chief operating officer (in a memo to staff)

"Freelance developers and entire companies are making a business out of fixing shoddy vibe coded software," writes 404 Media, interviewing one of the "dozens of people on Fiverr... now offering services specifically catering to people with shoddy vibe coded projects."

Hamid Siddiqi, who offers to "review, fix your vibe code" on Fiverr, told the 404 Media that "Currently, I work with around 15-20 clients regularly, with additional one-off projects throughout the year. ("Siddiqi said common issues he fixes in vibe coded projects include inconsistent UI/UX design in AI-generated frontends, poorly optimized code that impacts performance, misaligned branding elements, and features that function but feel clunky or unintuitive," as well as work o color schemes, animations, and layouts.)

And others coders are also pursuing the "vibe coded mess" market: Swatantra Sohni, who started VibeCodeFixers.com, a site for people with vibe coded projects who need help from experienced developers to fix or finish their projects, says that almost 300 experienced developers have posted their profiles to the site. He said so far VibeCodeFixers.com has only connected between 30-40 vibe code projects with fixers, but that he hasn't done anything to promote the service and at the moment is focused on adding as many software developers to the platform as possible...

"Most of these vibe coders, either they are product managers or they are sales guys, or they are small business owners, and they think that they can build something," Sohni told me. "So for them it's more for prototyping..." Another big issue Sohni identified is "credit burn," meaning the money vibe coders waste on AI usage fees in the final 10-20 percent stage of developing the app, when adding new features breaks existing features.

Sohni told me he thinks vibe coding is not going anywhere, but neither are human developers. "I feel like the role [of human developers] would be slightly limited, but we will still need humans to keep this AI on the leash," he said.
The article also notes that established software development companies like Ulam Labs, now say "we clean up after vibe coding. Literally."

"Built something fast? Now it's time to make it solid," Ulam Labs pitches on its site," suggesting that for their potential customers "the tech debt is holding you back: no tests, shaky architecture, CI/CD is a dream, and every change feels like defusing a bomb. That's where we come in."

In 2015 Kim Dotcom answered questions from Slashdot's readers.

Now CBS News reports on "the latest chapter in a protracted 13-year battle by the U.S. government" to extradite Finnish-German millionaire Kim Dotcom from New Zealand: A New Zealand court has rejected the latest bid by internet entrepreneur Kim Dotcom to halt his deportation to the U.S. on charges related to his file-sharing website Megaupload. Dotcom had asked the High Court to review the legality of an official's August 2024 decision that he should be surrendered to the U.S. to face trial on charges of copyright infringement, money laundering and racketeering... The Megaupload founder had applied for what in New Zealand is called a judicial review, in which a judge is asked to evaluate whether an official's decision was lawful. A judge on Wednesday dismissed Dotcom's arguments that the decision to deport him was politically motivated and that he would face grossly disproportionate treatment in the U.S...

New Zealand's government hasn't disclosed what will happen next in the extradition process or divulged an expected timeline for Dotcom to be surrendered to the United States
Dotcom "has been free on bail in New Zealand since February 2012," the article points out — and "One of his lawyers, Ron Mansfield, told Radio New Zealand that Dotcom's team had 'much fight left in us as we seek to secure a fair outcome,' but he didn't elaborate..."

The article notes that the latest decision "could be challenged in the Court of Appeal, where a deadline for filing is October 8."

An anonymous reader quotes a report from France24: Fueled in part by anger over flashy lifestyles flaunted by elites, young anti-corruption demonstrators mainly in their 20s rallied on Monday. The loose grouping, largely viewed as members of "Gen Z", flooded the capital Kathmandu to demand an end to a ban on Facebook, YouTube and other popular sites. The rallies ended in chaos and tragedy, with at least 19 protesters killed in a police crackdown on Monday. The apps were restored, but protests widened in anger.

On Tuesday, other Nepalis joined the crowds. Parliament was set ablaze, KP Sharma Oli resigned as prime minister, and the army took charge of the streets. Now, many activists are taking to the US group-chat app Discord to talk over their next steps. One server with more than 145,000 members has hosted feverish debate about who could be an interim leader, with many pushing 73-year-old former chief justice Sushila Karki. It is just one example of how social media has driven demands for change. [...]

More than half of Nepal's 30 million people are online, according to the World Bank. Days before the protests, many had rushed to VPN services — or virtual private networks — to evade blocks on platforms. Fears of a wider internet shutdown also drove a surge in downloads for Bluetooth messaging app Bitchat, created by tech billionaire Jack Dorsey. "Tech played... an almost decisive role," journalist Pranaya Rana told AFP. "The whole thing started with young people posting on social media about corruption, and the lavish lives that the children of political leaders were leading."

Hashtags such as #NepoKids, short for nepotism, compared the designer clothing and luxury holidays shown off in their Instagram posts to the difficulties faced by ordinary Nepalis. One post liked 13,000 times accused politicians' children of "living like millionaires," asking: "Where is the tax money going?" "NepoKids was trending all the time," including in rural areas where Facebook is popular, said rights activist Sanjib Chaudhary. "This fuelled the fire" of anger that "has been growing for a long time," he said. [...] Chaudhary said the government "seriously underestimated the power of social media." Nepal's first female prime minister was sworn in Friday as interim leader after protesters held an informal vote on Discord. "Former chief justice Sushila Karki, 73, was the unlikely choice of the 'Gen Z' protesters behind the movement that started out as a social media demonstration against the lavish lifestyles of 'Nepo Kids' but spilled out onto the streets and into the deadliest social unrest Nepal has seen in years," reports CNN World.

"Karki has spent much of her career within the very establishment the youth are protesting against, yet her reputation as a fearless and incorruptible jurist has appealed to many young people in the country of 30 million."

US retail coffee prices surged 21% year-over-year in August, the largest annual increase since October 1997, according to Thursday's Consumer Price Index. The monthly 4% jump marks the steepest rise in 14 years. Trump administration tariffs on major coffee exporters -- 50% on Brazil, 20% on Vietnam, and 10% on Colombia -- are driving costs higher as 99% of US coffee consumption relies on imports.

J.M. Smucker plans its third price increase this winter for Folgers and Cafe Bustelo brands after raising prices in May and August. New Orleans chain French Truck Coffee has implemented a 4% tariff surcharge. Starbucks expects peak cost impacts in 2026 due to its advance purchasing practices. KPMG chief economist Diane Swonk predicts prices will exceed historical records as Brazilian tariff effects reach retail shelves.

Microsoft has eliminated the one-time fee for publishing apps on its Windows Store. According to The Verge, "Individual developers in nearly 200 countries can now sign up to publish apps on the Microsoft Store with just a personal Microsoft account, and no more one-time fees." From the report: Microsoft started cutting its $19 one-time fee to publish apps to its Windows store in June in certain markets, and it's now essentially removing this fee for all developers worldwide. Apple still charges an annual $99 fee to developers, and Google charges a one-time registration fee of $25.

"Developers will no longer need a credit card to get started, removing a key point of friction that has affected many creators around the world," explains Chetna Das, senior product manager at Microsoft. "By eliminating these one-time fees, Microsoft is creating a more inclusive and accessible platform that empowers more developers to innovate, share and thrive on the Windows ecosystem." [...]

The Microsoft Store is now used by more than 250 million monthly active users, according to Microsoft. Microsoft is now encouraging more developers to make use of the store, where they can publish a variety of Win32, UWP, PWA, .NET, MAUI, or Electron apps. Developers can even use their own in-app commerce system to keep 100 percent of their revenues on non-gaming apps.

"President Trump's One Big Beautiful Bill Act may have quietly changed the economics of the creator economy," reports the Hollywood Reporter. The Treasury Department has ruled this past week that digital creators, including podcasters, influencers, and streamers, qualify for the U.S. "no tax on tips" policy, allowing them to deduct tipped income up to $25,000. From the report: The change could cause digital creators to rethink how they seek income. Platforms like TikTok, YouTube, Twitch and Snapchat all offer a variety of ways for creators to generate income, be it a share of advertising revenue or creator funding programs, or options to launch subscription tiers for their channels or profiles. But they also give creators the option to turn on tips or gifts. If revenue from user tips or gifts is eligible, while recurring subscription revenue is not, it could shift how streamers, podcasters or influencers ask their followers to support them.

To be sure, there are limitations: The tax deduction is capped at $25,000 per year, and it begins to phase out at $150,000 in income for single filers and $300,000 for married joint filers. The act also provides that tips do not qualify for the deduction if they are received "in the course of certain specified trades or businesses -- including the fields of health, performing arts, and athletics," Treasury says, further limiting the deduction opportunity for some in entertainment-adjacent lines of work.

But by making influencers, Twitch streamers and podcasters eligible, the administration has nonetheless changed the incentive structure for digital creators, and the ramifications could be felt across the creator economy in the name of tax efficiency (Don't be surprised if users are asked to like, subscribe, and tip). Platforms may also develop more ways to more prominently feature tips and gifts, pushing creators to add more opportunities for that income. But the inclusion of digital creators is also a recognition of how the power dynamics have shifted in media.

Sega allegedly orchestrated a police raid to recover Nintendo development kits it had accidentally disposed of during an office relocation from Brentford to Chiswick Business Park. An anonymous UK reseller purchased the items -- including Game Boy Advance, DSi, 3DS, Wii, and Wii U development consoles plus prototype games like Sonic Chronicles and Mario & Sonic at the Winter Olympic Games -- for roughly $13,575 from a removals worker handling Sega's office clearance.

City of London Police arrested the seller July 14, 2025, on money laundering charges, deploying approximately ten officers to seize the hardware. The seller claims the search warrant was defective and authorized Sega representatives to participate in the raid. Nintendo development kits remain the hardware manufacturer's property regardless of possession, outlet Time Extension writes. Police requested the seller relinquish ownership two days after releasing him from eight hours in custody, which he refused. Sega has not responded to multiple legal letters or six separate pre-action protocol claims from the seller.

A new minister in Albania charged to handle public procurement will be impervious to bribes, threats, or attempts to curry favour. That is because Diella, as she is called, is an AI-generated bot. From a report: Prime Minister Edi Rama, who is about to begin his fourth term, said on Sept 11 that Diella, which means "sun" in Albanian, will manage and award all public tenders in which the government contracts private companies for various projects.

"Diella is the first Cabinet member who isn't physically present, but is virtually created by AI," Mr Rama said during a speech unveiling his new Cabinet. She will help make Albania "a country where public tenders are 100 per cent free of corruption." The awarding of such contracts has long been a source of corruption scandals in Albania, a Balkan country that experts say is a hub for gangs seeking to launder their money from trafficking drugs and weapons across the world, and where graft has reached the corridors of power.

An anonymous reader quotes a report from NBC News: Global warming in the United States is amping up the country's sweet tooth, a new study found. When the temperature rises, Americans -- especially those with less money and education -- drink lots more sugary beverages and a bit more frozen desserts. That amounts to more than 100 million pounds of added sugar (358 million kilograms) consumed in the nation a year, compared to 15 years earlier, according to a team of researchers in the U.S. and United Kingdom.

When temperatures go between 54 and 86 degrees (12 and 30 degrees Celsius), the amount of sugar the average American consumes goes up by about 0.4 grams per degree Fahrenheit (0.7 grams per degree Celsius) per day, based on researchers tracking of weather conditions and consumers' purchases. At 54 degrees, the amount of added sugar for the average American is a little more than 2 grams. At 86 degrees, it's more than 15 grams. Beyond that, appetites lessen and added sugar falls off, according to the study in Monday's Nature Climate Change.

"Climate change is shaping what you eat and how you eat and that might have a bad effect on your health," said study co-author Duo Chan, a climate scientist at the University of Southampton. "People tend to take in more sweetened beverages as the temperature is getting higher and higher," Chan said. "Obviously under a warming climate that would cause you to drink more or take in more sugar. And that is going to be a severe problem when it comes to health." The findings have been published in the journal Nature Climate Change.

Oracle shares had their best day since 1992, skyrocketing 36% and adding $244 billion in market value as surging AI-driven cloud demand pushed the company toward a $1 trillion valuation. The surge boosted founder Larry Ellison's fortune by $100 billion, making him the new world's wealthiest person. CNBC reports: The company said Tuesday after the bell that it has $455 billion in remaining performance obligations, up 359% from a year earlier. "This is a very historic kind of print right here from Oracle with this backlog," Ben Reitzes, technology research head at Melius Research, told CNBC's "Closing Bell: Overtime" on Tuesday. "The Street was looking for about $180 billion in RPO and they're talking about a number that is a multiple of that. That is astounding."

Oracle now sees $18 billion in cloud infrastructure revenue in fiscal 2026, with the company calling for the annual sum to reach $32 billion, $73 billion, $114 billion and $144 billion over the subsequent four years. Other analysts were left "blown away" and "in shock." D.A. Davidson's Gil Luria called it "absolutely staggering on CNBC's "Fast Money." Wells Fargo analysts said it was a "momentous confirmation" of the AI trade.

Oracle's cloud revenue projections overshadowed an otherwise lackluster fiscal first-quarter report in which the company missed expectations on the top and bottom lines. The company had earnings of an adjusted $1.47 per share for the quarter, just below the $1.48 per share expected by analysts polled by LSEG. Revenue for the first quarter came in at $14.93 billion, missing the $15.04 billion expected.

An anonymous reader shares a report: Getting cash from an ATM is growing increasingly expensive as fees reach record highs. Americans are now paying an average of $4.86 for out-of-network ATM withdrawals, up 1.9% from $4.77 last year, according to a new survey from Bankrate.com. That's the highest on record, according to the personal finance website, which starting tracking ATM fees 27 years ago.

"ATM fees are just one of those avenues that the bank can very freely continue to charge fees," Bankrate financial analyst Stephen Kates told CBS MoneyWatch. Those costs include charges from both ATM owners and banks. According to the survey, the average fee from cash machine providers is $3.22. Banks charge $1.64 on average, up 3.8% from 2024 -- the highest since 2018. As a result, Americans in certain metro areas could see average combined fees of more than $5.