Neil Irwin reports via Axios: The dearth of productivity growth over the last couple of decades has held back incomes in the U.S. and other rich countries, according to a report out Wednesday from the McKinsey Global Institute, the research arm of the global consultancy. Productivity growth has been weak in the U.S. and Western Europe since the 2008 global financial crisis, but things looked better among many emerging markets. The McKinsey report finds that global labor productivity growth was 2.3% a year from 1997 to 2022, a rapid rate that has increased incomes and quality of life in large parts of the world. China and India account for the largest portion of that surge -- half of overall global productivity improvement, with other emerging markets accounting for another 25%, led by Central and Eastern Europe and emerging Asian economies.

In the U.S., the report finds that the decline in capital investment following the 2008 financial crisis has resulted in a $4,500 lower per-capita GDP in 2022 than it would have if pre-crisis trends had continued. Rapid advances in manufacturing technology, especially for electronics, petered out in the same time period, subtracting another $5,000 from per-capita GDP. "Digitization was much discussed as the main candidate to rev up productivity again, but its impact failed to spread beyond" the tech sector, the authors write. The authors are optimistic that a confluence of factors will make the years ahead different.

The rise in global interest rates and inflation are evidence of stronger global demand. Many countries are experiencing labor shortages that may incentivize more productivity-enhancing investment. And artificial intelligence and related technologies create big opportunities. "Inflationary pressure and rising interest rates could be signs that we are leaving behind secular stagnation and entering an era of higher demand and investment," the report finds. "In corporate boardrooms around the world right now, there's a tremendous amount of conversation associated with [generative] AI, and I think there's a broad acknowledgment that this could very much transform productivity at the company level," Olivia White, a McKinsey senior partner and co-author of the report, tells Axios. "Another thing that's happening right now is the conversation about labor. Labor markets in all advanced economies, and the U.S. is really sort of top of the heap, are very, very tight right now. So there's a lot of conversation around what do we do to make the people that we have as productive as they can be?"

TikTok is being investigated by the FTC over its data and security practices, "a probe that could lead to a settlement or a lawsuit against the company," reports the Associated Press. From the report: In its investigation, the FTC has been looking into whether TikTok violated a portion of federal law that prohibits "unfair and deceptive" business practices by denying that individuals in China had access to U.S. user data, said the person, who is not authorized to discuss the investigation. The agency also is scrutinizing the company over potential violations of the Children's Online Privacy Protection Act, which requires kid-oriented apps and websites to get parents' consent before collecting personal information of children under 13.

The agency is nearing the conclusion of its investigation and could settle with TikTok in the coming weeks. But there's not a deadline for an agreement, the person said. If the FTC moves forward with a lawsuit instead, it would have to refer the case to the Justice Department, which would have 45 days to decide whether it wants to file a case on the FTC's behalf, make changes or send it back to the agency to pursue on its own.

An anonymous reader quotes a report from The Register: It's sanctions central at the US Treasury this week as a further 15 are slapped on organizations and individuals in Russia. The Treasury's Office of Foreign Assets Control (OFAC) designated 13 organizations and two individuals -- all concerning financial services organizations, including cryptocurrency exchanges that offered services to already-sanctioned dark web marketplaces in Russia, and those who helped run them. Five of the 13 freshly designated entities were also controlled by individuals who were already sanctioned. The latest round of trade restrictions were placed on those who are believed to have helped evade existing US sanctions.

"Many of the individuals and entities designated today facilitated transactions or offered other services that helped OFAC-designated entities evade sanctions," an OFAC statement read. "These designations build upon OFAC's February 23, 2024 action to target companies servicing Russia's core financial infrastructure and curtail Russia's use of the international financial system to further its war against Ukraine." They follow the initial seven sanctions announced on Monday, all relating to Chinese nationals and members of Beijing's APT31 offensive cyber outfit.

Earlier today, the U.S. and U.K. accused hackers linked to the Chinese state of being behind "malicious" cyber campaigns targeting political figures. The U.K. government also blamed China for a 2021 cyberattack that compromised the personal information of millions of U.K. voters. In response, PBS reports that the U.S. and British government announced sanctions against a company and two people linked to the Chinese government. From the report: Officials said those sanctioned are responsible for a hack that may have gained access to information on tens of millions of U.K. voters held by the Electoral Commission, as well as for cyberespionage targeting lawmakers who have been outspoken about the China threat. The Foreign Office said the hack of the election registers "has not had an impact on electoral processes, has not affected the rights or access to the democratic process of any individual, nor has it affected electoral registration." The Electoral Commission said in August that it identified a breach of its system in October 2022, though it added that "hostile actors" had first been able to access its servers since 2021. At the time, the watchdog said the data included the names and addresses of registered voters. But it said that much of the information was already in the public domain.

In Washington, the Treasury Department said it sanctioned Wuhan Xiaoruizhi Science and Technology Company Ltd., which it calls a Chinese Ministry of State Security front company that has "served as cover for multiple malicious cyberoperations." It named two Chinese nationals, Zhao Guangzong and Ni Gaobin, affiliated with the Wuhan company, for cyberoperations that targeted U.S. critical infrastructure sectors, "directly endangering U.S. national security." Separately, British cybersecurity officials said that Chinese government-affiliated hackers "conducted reconnaissance activity" against British parliamentarians who are critical of Beijing in 2021. They said no parliamentary accounts were successfully compromised.

Three lawmakers, including former Conservative Party leader Iain Duncan Smith, told reporters Monday they have been "subjected to harassment, impersonation and attempted hacking from China for some time." Duncan Smith said in one example, hackers impersonating him used fake email addresses to write to his contacts. The politicians are members of the Inter-Parliamentary Alliance on China, an international pressure group focused on countering Beijing's growing influence and calling out alleged rights abuses by the Chinese government.

China has introduced new guidelines that will mean US microprocessors from Intel and AMD are phased out of government PCs and servers [Editor's note: the link may be paywalled; non-paywalled source], as Beijing ramps up a campaign to replace foreign technology with homegrown solutions. From a report: The stricter government procurement guidance also seeks to sideline Microsoft's Windows operating system and foreign-made database software in favour of domestic options. It runs alongside a parallel localisation drive under way in state-owned enterprises. The latest purchasing rules represent China's most significant step yet to build up domestic substitutes for foreign technology and echo moves in the US as tensions increase between the two countries. Washington has imposed sanctions on a growing number of Chinese companies on national security grounds, legislated to encourage more tech to be produced in the US and blocked exports of advanced chips and related tools to China.

The U.K. government has blamed China for a 2021 cyberattack that compromised the personal information of millions of U.K. voters. From a report: In a statement to lawmakers in Parliament on Monday, U.K. deputy prime minister Oliver Dowden attributed the 2021 data breach at the Electoral Commission to hackers working for the Chinese government. Dowden told lawmakers that the U.K. government "will not hesitate to take swift and robust actions wherever the Chinese government threatens the United Kingdom's interests."

It's the first time the United Kingdom has attributed the breach since the cyberattack was first disclosed in 2023. The Electoral Commission, which maintains copies of the U.K. register of citizens eligible to vote, said at the time hackers took the names and addresses of an estimated 40 million U.K. citizens, including those who were registered to vote between 2014 and 2022 and overseas voters. The data breach began as early as 2021 but wasn't detected until a year later. In a statement Monday, the U.K. National Cyber Security Centre (NCSC) said it is "highly likely" that the Chinese hackers accessed and exfiltrated emails and data from the electoral register during the hack.

Gizmodo reports that increased activity on the Moon "may affect the unique radio silence on the lunar far side, an ideal location for radio telescopes to pick up faint signals from the cosmic past." This week, the International Academy of Astronautics (IAA) held the first Moon Farside Protection Symposium in Italy to advocate for preserving radio silence on the far side of the Moon. The symposium hopes to raise awareness about the threat facing the far side of the Moon and develop approaches to shielding it from artificial radio emissions....

NASA has shown interest in using the lunar radio silence, proposing an ultra-long-wavelength radio telescope inside a crater on the far side of the Moon. The Lunar Crater Radio Telescope is designed to observe the universe at frequencies below 30 megahertz, which are largely unexplored by humans since those signals are reflected by the Earth's ionosphere, according to NASA. At those low frequencies, radio telescopes on the Moon can detect near-Earth objects approaching our planet before other observatories, it can search for signals of alien civilizations, and study organic molecules in interstellar space...

As more missions head towards the Moon, however, that perfect silence is increasingly being compromised. Earlier this week, for example, China launched a satellite to relay communication between ground operations on Earth and an upcoming mission on the far side of the Moon. The satellite, Queqiao-2, is the first of a constellation of satellites that China hopes to deploy by 2040 to communicate with future crewed missions on the Moon and Mars. As part of its Artemis program, NASA is aiming to build the Lunar Gateway, a space station designed to orbit the Moon to support future missions to the lunar surface and Mars. In advance of this, a NASA-funded cubesat, called CAPSTONE, has entered into a unique halo orbit to demonstrate the stability and practicality of this trajectory for future lunar missions... CAPSTONE marks the beginning of something big — establishing a permanent communication link between Earth and lunar assets, and ensuring the steady, uninterrupted flow of data.

NASA and its Chinese counterparts have eerily similar plans for lunar exploration, and the Moon is currently a 'free-for-all' with no regulations set in place as to who can own our dusty orbital companion.
"In other words, things are about to get real loud out there as far as radio transmissions are concerned."

An anonymous reader shared this report from The Register: Chinese spies exploited a couple of critical-severity bugs in F5 and ConnectWise equipment earlier this year to sell access to compromised U.S. defense organizations, UK government agencies, and hundreds of other entities, according to Mandiant.

The Google-owned threat hunters said they assess, "with moderate confidence," that a crew they track as UNC5174 was behind the exploitation of CVE-2023-46747, a 9.8-out-of-10-CVSS-rated remote code execution bug in the F5 BIG-IP Traffic Management User Interface, and CVE-2024-1709, a path traversal flaw in ConnectWise ScreenConnect that scored a perfect 10 out of 10 CVSS severity rating.

UNC5174 uses the online persona Uteus, and has bragged about its links to China's Ministry of State Security (MSS) — boasts that may well be true. The gang focuses on gaining initial access into victim organizations and then reselling access to valuable targets... Just last month, Mandiant noticed the same combination of tools, believed to be unique to this particular Chinese gang, being used to exploit the ConnectWise flaw and compromise "hundreds" or entities, mostly in the U.S. and Canada. Also between October 2023 and February 2024, UNC5174 exploited CVE-2023-22518 in Atlassian Confluence, CVE-2022-0185 in Linux kernels, and CVE-2022-3052, a Zyxel Firewall OS command injection vulnerability, according to Mandiant.

These campaigns included "extensive reconnaissance, web application fuzzing, and aggressive scanning for vulnerabilities on internet-facing systems belonging to prominent universities in the U.S., Oceania, and Hong Kong regions," the threat intel team noted.
More details from The Record. "One of the strangest things the researchers found was that UNC5174 would create backdoors into compromised systems and then patch the vulnerability they used to break in. Mandiant said it believes this was an 'attempt to limit subsequent exploitation of the system by additional unrelated threat actors attempting to access the appliance.'"

"My favorite kind of science fiction involves stories rooted in real science..." writes NPR's reviewer. "[T]here is something special about seeing characters wrestle with concepts closer to our current understanding of how the universe works."

The Verge calls it an "impressive" and "leaner" story than the book, arguing "it's a good one — and very occasionally a great one" that introduces the author's key ideas, though channelling "the book's spirit but not its brilliance."

And Slate calls it a "downright transformative" adaptation, "jettisoning most of the novel's characters and plucking scenes from all three books," while accusing it of "making the trilogy's expansive and philosophical story into something much more pedestrian and digestible."

But Reuters notes there's huge interest in China over this adaptation (by the co-creator of Mem>Game of Thrones) for the first Asian novel to win the Hugo Award for best science fiction novel. "The new series was trending on Chinese social media platform Weibo on Friday," reports Reuters, "with 21 million views so far." (The show came in first on Weibo's "top hot" trend rankings, they add, "despite Netflix being officially inaccessible in China. Chinese viewers would have had to watch the Netflix series from behind a VPN or on a pirate site.")

So what was their verdict? CNN reports Netflix's adaptation "has split opinions in China and sparked online nationalist anger over scenes depicting a violent and tumultuous period in the country's modern history." Among the country's more patriotic internet users, discussions on the adaptation turned political, with some accusing the big-budget American production of making China look bad. The show opens with a harrowing scene depicting Mao Zedong's Cultural Revolution, which consumed China in bloodshed and chaos for a decade from 1966... "Netflix you don't understand 'The Three Body Problem' or Ye Wenjie at all!" read a comment on social media platform Weibo. "You only understand political correctness!"

Others came to the show's defense, saying the scene closely follows depictions in the book — and is a truthful reenactment of history. "History is far more absurd than a TV series, but you guys pretend not to see it," read one comment on Douban, a popular site for reviewing movies, books and music.

Author Liu said in an interview with the New York Times in 2019 that he had originally wanted to open the book with scenes from Mao's Cultural Revolution, but his Chinese publisher worried they would never make it past government censors and buried them in the middle of the narrative. The English version of the book, translated by Ken Liu, put the scenes at the novel's beginning, with the author's blessing... Various other aspects of the show, from its casting and visual effects to the radical changes to the story's original setting and characters, also attracted the ire of Chinese social media users. Many compared it to a Chinese television adaptation released last year — a much lengthier and closer retelling of the book that ran to 30 episodes and was highly rated on Chinese review platforms.

The Netflix adaptation featured an international cast and placed much of the action in present-day London — thus making the story a lot less Chinese.

In the shadow of a massive monument glorifying nuclear power, over 30 nations from around the world pledged to use the controversial energy source to help achieve a climate-neutral globe while providing countries with an added sense of strategic security. Associated Press: The idea of a Nuclear Energy Summit would have been unthinkable a dozen years ago after the 2011 Fukushima nuclear accident in Japan, but the tide has turned in recent years. A warming planet has made it necessary to phase out fossil fuels, while the war in Ukraine has laid bare Europe's dependence on Russian energy. "We have to do everything possible to facilitate the contribution of nuclear energy," said Rafael Grossi, the head of the International Atomic Energy Agency. "It is clear: Nuclear is there. It has an important role to play," he said.

In a solemn pledge, 34 nations, including the United States, China, France, Britain and Saudi Arabia, committed "to work to fully unlock the potential of nuclear energy by taking measures such as enabling conditions to support and competitively finance the lifetime extension of existing nuclear reactors, the construction of new nuclear power plants and the early deployment of advanced reactors." The statement adds: "We commit to support all countries, especially emerging nuclear ones, in their capacities and efforts to add nuclear energy to their energy mixes."

Apple has held preliminary talks with Baidu about using the Chinese company's generative AI technology in its devices in China, the latest example of the iPhone maker's efforts to widen its AI capabilities. From a report: The U.S. tech giant has been exploring using external partners to help accelerate its AI ambitions. It has held discussions with companies including Google and OpenAI about using their technology to power its mobile features. In China, Apple has been looking for a local generative AI model provider, mainly because China requires such models to be vetted by its cyberspace regulator before being launched to the public, people familiar with the matter said.

An anonymous reader quotes a report from Reuters: The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence to encourage protecting personal data, monitoring AI for risks, and safeguarding human rights, U.S. officials said. The nonbinding resolution, proposed by the United States and co-sponsored by China and 121 other nations, took three months to negotiate and also advocates strengthening privacy policies, the officials said, briefing reporters before the resolution's passage. "We're sailing in choppy waters with the fast-changing technology, which means that its more important than ever to steer by the light of our values," said one of the senior administration officials, describing the resolution as the "first-ever truly global consensus document on AI."

"The improper or malicious design, development, deployment and use of artificial intelligence systems ... pose risks that could ... undercut the protection, promotion and enjoyment of human rights and fundamental freedoms," the measure says. Asked whether negotiators faced resistance from Russia or China -- U.N. member states that also voted in favor of the document -- the officials conceded there were "lots of heated conversations. ... But we actively engaged with China, Russia, Cuba, other countries that often don't see eye to eye with us on issues." "We believe the resolution strikes the appropriate balance between furthering development, while continuing to protect human rights," said one of the officials, who spoke on condition of anonymity.

An anonymous reader quotes a report from The Guardian: Only seven countries are meeting an international air quality standard, with deadly air pollution worsening in places due to a rebound in economic activity and the toxic impact of wildfire smoke, a new report has found. Of 134 countries and regions surveyed in the report, only seven -- Australia, Estonia, Finland, Grenada, Iceland, Mauritius and New Zealand -- are meeting a World Health Organization (WHO) guideline limit for tiny airborne particles expelled by cars, trucks and industrial processes. The vast majority of countries are failing to meet this standard for PM2.5, a type of microscopic speck of soot less than the width of a human hair that when inhaled can cause a myriad of health problems and deaths, risking serious implications for people, according to the report by IQAir, a Swiss air quality organization that draws data from more than 30,000 monitoring stations around the world.

While the world's air is generally much cleaner than it was in much of the past century, there are still places where the pollution levels are particularly dangerous. The most polluted country, Pakistan, has PM2.5 levels more than 14 times higher than the WHO standard, the IQAir report found, with India, Tajikistan and Burkina Faso the next most polluted countries. But even in wealthy and fast-developing countries, progress in cutting air pollution is under threat. Canada, long considered as having some of the cleanest air in the western world, became the worst for PM2.5 last year due to record wildfires that ravaged the country, sending toxic spoke spewing across the country and into the US. In China, meanwhile, improvements in air quality were complicated last year by a rebound in economic activity in the wake of the Covid-19 pandemic, with the report finding a 6.5% increase in PM2.5 levels.

The most polluted urban area in the world last year was Begusarai in India, the sixth annual IQAir report found, with India home to the four most polluted cities in the world. Much of the developing world, particularly countries in Africa, lacks reliable air quality measurements, however. The WHO lowered its guideline for "safe" PM2.5 levels in 2021 to five micrograms per cubic meter and by this measure many countries, such as those in Europe that have cleaned up their air significantly in the past 20 years, fall short. But even this more stringent guideline may not fully capture the risk of insidious air pollution. Research released by US scientists last month found there is no safe level of PM2.5, with even the smallest exposures linked to an increase in hospitalizations for conditions such as heart disease and asthma.

Several readers shared the following report: Intermittent fasting, a diet pattern that involves alternating between periods of fasting and eating, can lower blood pressure and help some people lose weight, past research has indicated. But an analysis presented Monday at the American Heart Association's scientific sessions in Chicago challenges the notion that intermittent fasting is good for heart health. Instead, researchers from Shanghai Jiao Tong University School of Medicine in China found that people who restricted food consumption to less than eight hours per day had a 91% higher risk of dying from cardiovascular disease over a median period of eight years, relative to people who ate across 12 to 16 hours.

It's some of the first research investigating the association between time-restricted eating (a type of intermittent fasting) and the risk of death from cardiovascular disease. The analysis -- which has not yet been peer-reviewed or published in an academic journal -- is based on data from the Centers for Disease Control and Prevention's National Health and Nutrition Examination Survey collected between 2003 and 2018. The researchers analyzed responses from around 20,000 adults who recorded what they ate for at least two days, then looked at who had died from cardiovascular disease after a median follow-up period of eight years. However, Victor Wenze Zhong, a co-author of the analysis, said it's too early to make specific recommendations about intermittent fasting based on his research alone.

Leading western and Chinese AI scientists have issued a stark warning that tackling risks around the powerful technology requires global co-operation similar to the cold war effort to avoid nuclear conflict. From a report: A group of renowned international experts met in Beijing last week, where they identified "red lines" on the development of AI, including around the making of bioweapons and launching cyber attacks. In a statement seen by the Financial Times, issued in the days after the meeting, the academics warned that a joint approach to AI safety was needed to stop "catastrophic or even existential risks to humanity within our lifetimes."

"In the depths of the cold war, international scientific and governmental co-ordination helped avert thermonuclear catastrophe. Humanity again needs to co-ordinate to avert a catastrophe that could arise from unprecedented technology," the statement said. Signatories include Geoffrey Hinton and Yoshua Bengio, who won a Turing Award for their work on neural networks and are often described as "godfathers" of AI; Stuart Russell, a professor of computer science at the University of California, Berkeley; and Andrew Yao, one of China's most prominent computer scientists. The statement followed the International Dialogue on AI Safety in Beijing last week, a meeting that included officials from the Chinese government in a signal of tacit official endorsement for the forum and its outcomes.

A new EFF web page is urging U.S. readers to "Tell Congress: Stop the TikTok Ban," arguing the bill will "do little for its alleged goal of protecting our private information and the collection of our data by foreign governments." Tell Congress: Instead of giving the President the power to ban entire social media platforms based on their country of origin, our representatives should focus on what matters — protecting our data no matter who is collecting it... It's a massive problem that current U.S. law allows for all the big social media platforms to harvest and monetize our personal data, including TikTok. Without comprehensive data privacy legislation, this will continue, and this ban won't solve any real or perceived problems. User data will still be collected by numerous platforms and sold to data brokers who sell it to the highest bidder — including governments of countries such as China — just as it is now.

TikTok raises special concerns, given the surveillance and censorship practices of the country that its parent company is based in, China. But it's also used by hundreds of millions of people to express themselves online, and is an instrumental tool for community building and holding those in power accountable. The U.S. government has not justified silencing the speech of Americans who use TikTok, nor has it justified the indirect speech punishment of a forced sale (which may prove difficult if not impossible to accomplish in the required timeframe). It can't meet the high constitutional bar for a restriction on the platform, which would undermine the free speech and association rights of millions of people. This bill must be stopped.

Newsweek points out that a Chinese government post arguing the bill is "on the wrong side of fair competition" was flagged by users on X. "TikTok is banned in the People's Republic of China," the X community note read. (The BBC reports that "Instead, Chinese users use a similar app, Douyin, which is only available in China and subject to monitoring and censorship by the government.")

Newsweek adds that China "has also blocked access to YouTube, Facebook, Instagram, and Google services. X itself is also banned — though Chinese diplomats use the microblogging app to deliver Beijing's messaging to the wider world."

From the Wall Street Journal: Among the top concerns for [U.S.] intelligence leaders is that they wouldn't even necessarily be able to detect a Chinese influence operation if one were taking place [on TikTok] due to the opacity of the platform and how its algorithm surfaces content to users. Such operations, FBI director Christopher Wray said this week in congressional testimony, "are extraordinarily difficult to detect, which is part of what makes the national-security concerns represented by TikTok so significant...."

Critics of the bill include libertarian-leaning lawmakers, such as Sen. Rand Paul (R., Ky.), who have decried it as a form of government censorship. "The Constitution says that you have a First Amendment right to express yourself," Paul told reporters Thursday. TikTok's users "express themselves through dancing or whatever else they do on TikTok. You can't just tell them they can't do that." In the House, a bloc of 50 Democrats voted against the bill, citing concerns about curtailing free speech and the impact on people who earn income on the app. Some Senate Democrats have raised similar worries, as well as an interest in looking at a range of social-media issues at rival companies such as Meta Platforms.

"The basic idea should be to put curbs on all social media, not just one," Sen. Elizabeth Warren (D., Mass.) said Thursday. "If there's a problem with privacy, with how our children are treated, then we need to curb that behavior wherever it occurs."
Some context from the Columbia Journalism Review: Roughly one-third of Americans aged 18-29 regularly get their news from TikTok, the Pew Research Center found in a late 2023 survey. Nearly half of all TikTok users say they regularly get news from the app, a higher percentage than for any other social media platform aside from Twitter.

Almost 40 percent of young adults were using TikTok and Instagram for their primary Web search instead of the traditional search engines, a Google senior vice president said in mid-2022 — a number that's almost certainly grown since then. Overall, TikTok claims 150 million American users, almost half the US population; two-thirds of Americans aged 18-29 use the app.
Some U.S. politicians believe TikTok "radicalized" some of their supporters "with disinformation or biased reporting," according to the article.

Meanwhile in the Guardian, a Duke University law professor argues "this saga demands a broader conversation about safeguarding democracy in the digital age." The European Union's newly enacted AI act provides a blueprint for a more holistic approach, using an evidence- and risk-based system that could be used to classify platforms like TikTok as high-risk AI systems subject to more stringent regulatory oversight, with measures that demand transparency, accountability and defensive measures against misuse.
Open source advocate Evan Prodromou argues that the TikTok controversy raises a larger issue: If algorithmic curation is so powerful, "who's making the decisions on how they're used?" And he also proposes a solution.

"If there is concern about algorithms being manipulated by foreign governments, using Fediverse-enabled domestic software prevents the problem."

The Washington Post reports: Nearly a decade ago, Congress passed a law that allows private American space companies the rights to resources they mine on celestial bodies, including the moon.

Now, there's a private venture that says it intends to do just that.

Founded by a pair of former executives from Blue Origin, the space venture founded by Jeff Bezos, and an Apollo astronaut, the company, Interlune, announced itself publicly Wednesday by saying it has raised $18 million and is developing the technology to harvest and bring materials back from the moon... Specifically, Interlune is focused on Helium-3, a stable isotope that is scarce on Earth but plentiful on the moon and could be used as fuel in nuclear fusion reactors as well as helping power the quantum computing industry.

The company, based in Seattle, has been working for about four years on the technology, which comes as the commercial sector is working with NASA on its goal of building an enduring presence on and around the moon... Rob Meyerson, the former president of Blue Origin, co-founded Interlune with Gary Lai, another former executive at Blue, and Harrison Schmitt, a geologist who flew to the moon during Apollo 17... In an interview, Meyerson said that the company intends to be the first to collect, return and then sell lunar resources and test the 2015 law. There is a large demand for Helium-3 in the quantum computing industry, which requires some of its systems to operate in extremely cold temperatures, and Interlune has already lined up a "customer that wants to buy lunar resources in large quantities," he said.

"We intend to be the first to go commercialize and deliver and support those customers," he said. NASA might want to be a customer as well. In 2020, it said it was looking for companies to collect rocks and dirt from the lunar surface and sell them to NASA as part of a technology development program that would eventually help astronauts "live off the land...." The company's funding round was led by the venture capital firm Seven Seven Six, whose founder and general partner, Alexis Ohanian, said that the space sector has become far more appealing to investors. "The space economy is something we can actually talk about with a straight face now, and I think some of the smartest people on the planet are making those efforts," he said...

He said he was aware that it might take years, or longer for a moon mining business to make money. But he said that, "we're comfortable waiting for a decade plus to see those returns."
NASA is planning more missions like the Intuitive Machines landing earlier this year, according to the article, "which it says will not only help pave the way for humans to return to the moon but for private industry to begin commercial operations there as well." Interlune plans "a prospecting machine" as soon as 2026, followed by an "end-to-end demonstration" in 2028 that harvests and returns a small quanity of Helium-3, and then full-scale operations by 2030.

"China has also said that it is interested in extracting other resources, including Helium-3, which it said was present in a sample it returned from the moon in 2020."

When it comes to TikTok, "The Chinese government is signaling that it won't allow a forced sale..." reported the Wall Street Journal Friday, "limiting options for the app's owners as buyers begin lining up to bid for its U.S. operations..."

"They have also sent signals to TikTok's owner, Beijing-based ByteDance, that company executives have interpreted as meaning the government would rather the app be banned in the U.S. than be sold, according to people familiar with the matter."

But that's not always how it plays out. McClatchy notes that in 2019 the Committee on Foreign Investment in the U.S. ordered Grindr's Chinese owners to relinquish control of Grindr. "A year later, the Chinese owners voluntarily complied and sold the company to San Vicente Acquisition, incorporated in Delaware, for around $608 million, according to Forbes."

And CNN reminds us that the world's most-populous country already banned TikTok more than three years ago: In June 2020, after a violent clash on the India-China border that left at least 20 Indian soldiers dead, the government in New Delhi suddenly banned TikTok and several other well-known Chinese apps. "It's important to remember that when India banned TikTok and multiple Chinese apps, the US was the first to praise the decision," said Nikhil Pahwa, the Delhi-based founder of tech website MediaNama. "[Former] US Secretary of State Mike Pompeo had welcomed the ban, saying it 'will boost India's sovereignty.'"

While India's abrupt decision shocked the country's 200 million TikTok users, in the four years since, many have found other suitable alternatives. "The ban on Tiktok led to the creation of a multibillion dollar opportunity ... A 200 million user base needed somewhere to go," said Pahwa, adding that it was ultimately American tech companies that seized the moment with their new offerings... Within a week of the ban, Meta-owned Instagram cashed in by launching its TikTok copycat, Instagram Reels, in India. Google introduced its own short video offering, YouTube Shorts. Homegrown alternatives such as MX Taka Tak and Moj also began seeing a rise in popularity and an infux in funding. Those local startups soon fizzled out, however, unable to match the reach and financial firepower of the American firms, which are flourishing.
In fact, at the time India "announced a ban on more than 50 Chinese apps," remembers the Washington Post, adding that Nepal also announced a ban on TikTok late last year.

Their article points out that TikTok has also been banned by top EU policymaking bodies, while "Government staff in some of the bloc's 27 member states, including Belgium, Denmark and the Netherlands, have also been told not to use TikTok on their work phones." Canada banned TikTok from all government-issued phones in February 2023, after similar steps in the United States and the European Union.... Britain announced a TikTok ban on government ministers' and civil servants' devices last year, with officials citing the security of state information. Australia banned TikTok from all federal government-owned devices last year after seeking advice from intelligence and security agencies.
A new EFF web page warns that America's new proposed ban on TikTok could also apply to apps like WeChat...

Apple reached a $490 million settlement of a class-action lawsuit brought by a group of investors who accused Chief Executive Officer Tim Cook of misleading them in 2018 about the company's sales prospects. From a report: Cook made false statements about the company's business in China that caused Apple stock to trade at artificially inflated prices, the investors said in their complaint, which alleged violation of securities laws. Lawyers disclosed the proposed settlement in a request for judicial approval filed Friday in federal court in Oakland, California. The settlement comes as Apple continues to face headwinds in China, where iPhone sales fell by a surprising 24% over the first six weeks of this year, according to independent research released earlier this month. Attorneys for the investors described the settlement as the third-largest securities class-action recovery in the district's history.