A proposed European Union law seeks to ensure that video games sold or licensed in the EU remain playable even if servers are shut down or studios close. The law would require publishers of sold and free-to-play games with microtransactions to provide resources to keep games functional, such as allowing players to host their own servers. Through a process called the "European Citizens Initiative," the petition needs one million signatures just to have a chance at becoming law. PC Gamer reports: "An increasing number of publishers are selling videogames that are required to connect through the internet to the game publisher, or 'phone home' to function," the petition reads. "While this is not a problem in itself, when support ends for these types of games, very often publishers simply sever the connection necessary for the game to function, proceed to destroy all working copies of the game, and implement extensive measures to prevent the customer from repairing the game in any way." Understanding that developers and publishers can't support games forever, the initiative would expect "the publisher to provide resources for the said videogame once they discontinue it while leaving it in a reasonably functional (playable) state." That means giving players the tools to host the game on their own servers, for example, and removing the requirement for games to connect to the publisher's (defunct) servers in order to be played. This is what the developer behind Knockout City did when it pulled the plug on the game's official servers. Not only does this initiative apply to games that are sold, but includes free to play games that have microtransactions for assets (like skins) or other paid-for features. The thought is, if you purchase an item in a free game, you should have the right to continue to use it indefinitely -- which means keeping that free game playable in some form. It's important to note that even a million signatures doesn't mean an automatic win, just that it'll go forward to the European Union as a proposal to become a law.

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New preliminary evidence for phosphine and ammonia in Venus's atmosphere deepens the mystery of their origins, suggesting the possibility of a biological source. The detections, made using the James Clerk Maxwell Telescope and the Green Bank Telescope, point to potential microbial life in Venus's clouds despite the planet's extreme surface conditions. Space.com reports: The new detections of phosphine and ammonia were obtained by a team led by Jane Greaves of the University of Cardiff using submillimeter radio wavelength data collected by the James Clerk Maxwell Telescope (JCMT) in Hawaii and the Green Bank Telescope in West Virginia. "We don't know how you make phosphine or ammonia in an oxygenating atmosphere like that of Venus," said team member and astrophysicist Dave Clements of Imperial College, London, in an interview with Space.com. Then again, it's not clear why biology on Earth produces phosphine, either." Whether it's in penguin poop or badger guts, we don't know why bacteria make phosphine, but they do." The JCMT's initial detection of phosphine on Venus in 2020 by Greaves and her team was met by fierce disagreement from some quarters. This disagreement focused on how the data was processed and whether that was creating spurious signals since observations by other telescopes struggled to detect the phosphine. Clements said those technical disagreements have now been resolved and that the latest measurements, using a new detector on the JCMT called Namakanui (meaning 'Big Eyes' in Hawaiian), have come from three observing campaigns, each providing 140 times as much data as the initial detection. [...] Clements is open to the possibility that both phosphine and ammonia are being produced by some rare photochemistry in Venus' upper atmosphere involving solar ultraviolet breaking up molecules and allowing phosphine and ammonia to form from the molecular debris. If that is the case, nobody has observed this process yet, not even in the laboratory. Another possibility that has been mooted is that the phosphine could be produced by Venusian volcanoes. Clements also pointed out that the European Space Agency's Jupiter Icy Moons Explorer (JUICE) is making a fly-by of Venus in August 2025 to help slingshot it towards the Jovian system. JUICE carries instruments capable of detecting phosphine and ammonia, but there's no guarantee that its instruments will be switched on and deployed at Venus.

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An anonymous reader quotes a report from Ars Technica: The US government will pay Moderna $176 million to develop an mRNA vaccine against a pandemic influenza -- an award given as the highly pathogenic bird flu virus H5N1 continues to spread widely among US dairy cattle. The funding flows through BARDA, the Biomedical Advanced Research and Development Authority, as part of a new Rapid Response Partnership Vehicle (RRPV) Consortium. The program is intended to set up partnerships with industry to help the country better prepare for pandemic threats and develop medical countermeasures, the Department of Health and Human Services said in a press announcement Tuesday. In its own announcement on Tuesday, Moderna noted that it began a Phase 1/2 trial of a pandemic influenza virus vaccine last year, which included versions targeting H5 and H7 varieties of bird flu viruses. The company said it expects to release the results of that trial this year and that those results will direct the design of a Phase 3 trial, anticipated to begin in 2025. The funding deal will support late-stage development of a "pre-pandemic vaccine against H5 influenza virus," Moderna said. But, the deal also includes options for additional vaccine development in case other public health threats arise. US health officials have said previously that they were in talks with Moderna and Pfizer about the development of a pandemic bird flu vaccine. The future vaccine will be in addition to standard protein-based bird flu vaccines that are already developed. In recent weeks, the health department has said it is working to manufacture 4.8 million vials of H5 influenza vaccine in the coming months. The plans come three months into the H5N1 dairy outbreak, which is very far from the initial hopes of containment. [...] The more the virus expands its footprint across US dairy farms, adapts to its newfound mammalian host, and comes in contact with humans, the more and more chances it has to leap to humans and gain the ability to spread among us. "The award made today is part of our longstanding commitment to strengthen our preparedness for pandemic influenza," said Dawn O'Connell, assistant secretary for Preparedness and Response. "Adding this technology to our pandemic flu toolkit enhances our ability to be nimble and quick against the circulating strains and their potential variants." In a separate article, Ars Technica reports on a small study in Texas that suggests human cases are going undetected on dairy farms where the H5N1 virus has spread in cows.

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Apple reported a new June quarter revenue record of $85.8 billion, up 5 percent from a year ago, fueled largely by new iPad sales. iPad "saw the biggest category increase for the quarter, up from $5.8 billion to $7.2 billion year-over-year," reports TechCrunch. It helped counter slowed iPhone revenue, "which dropped from $39.7 billion to $39.3 billion year-on-year." From the report: In spite of a drop for the quarter, iPhone remained Apple's most important category by a wide margin, followed by service, which includes software offerings like iCloud, Apple TV+ and Apple Music. That category continued to grow, up to $24.2 billion from $21.2 billion over the same three-month period last year. Much of the iPhone slowdown can be attributed to the greater China region. Overall, the region dropped from $15.8 billion to $14.7 billion for the quarter. Canalys figures from last week show a marked decline in iPhone sales, down 6.7% from 10.4 million to 9.7 million for the quarter, Reuters reported. The drop in Apple's third-largest region (behind the Americas and Europe) had a clear impact on the company's bottom line. The company aggressively discounted iPhone prices in China starting in May, as competition intensified from domestic rivals. The strategy resulted in strong iPhone sales that month, up close to 40% from a year prior. [...] Q3 marked the second consecutive quarter decline for global iPhone sales. The news puts additional pressure on the generative AI strategy that the company laid out at WWDC in June.

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AI music generators Suno and Udio responded to the lawsuits filed by the major recording labels, arguing that their platforms are tools for making new, original music that "didn't and often couldn't previously exist." "Those genres and styles -- the recognizable sounds of opera, or jazz, or rap music -- are not something that anyone owns," the companies said. "Our intellectual property laws have always been carefully calibrated to avoid allowing anyone to monopolize a form of artistic expression, whether a sonnet or a pop song. IP rights can attach to a particular recorded rendition of a song in one of those genres or styles. But not to the genre or style itself." TorrentFreak reports: "[The labels] frame their concern as one about 'copies' of their recordings made in the process of developing the technology -- that is, copies never heard or seen by anyone, made solely to analyze the sonic and stylistic patterns of the universe of pre-existing musical expression. But what the major record labels really don't want is competition." The labels' position is that any competition must be legal, and the AI companies state quite clearly that the law permits the use of copyrighted works in these circumstances. Suno and Udio also make it clear that snippets of copyrighted music aren't stored as a library of pre-existing content in the neural networks of their AI models, "outputting a collage of 'samples' stitched together from existing recordings" when prompted by users. "[The neural networks were] constructed by showing the program tens of millions of instances of different kinds of recordings," Suno explains. "From analyzing their constitutive elements, the model derived a staggeringly complex collection of statistical insights about the auditory characteristics of those recordings -- what types of sounds tend to appear in which kinds of music; what the shape of a pop song tends to look like; how the drum beat typically varies from country to rock to hip-hop; what the guitar tone tends to sound like in those different genres; and so on." These models are vast stores, not of copyrighted music, the defendants say, but information about what musical styles consist of, and it's from that information new music is made. Most copyright lawsuits in the music industry are about reproduction and public distribution of identified copyright works, but that's certainly not the case here. "The Complaint explicitly disavows any contention that any output ever generated by Udio has infringed their rights. While it includes a variety of examples of outputs that allegedly resemble certain pre-existing songs, the Complaint goes out of its way to say that it is not alleging that those outputs constitute actionable copyright infringement." With Udio declaring that, as a matter of law, "that key point makes all the difference," Suno's conclusion is served raw. "That concession will ultimately prove fatal to Plaintiffs' claims. It is fair use under copyright law to make a copy of a protected work as part of a back-end technological process, invisible to the public, in the service of creating an ultimately non-infringing new product." Noting that Congress enacted the first copyright law in 1791, Suno says that in the 233 years since, not a single case has ever reached a contrary conclusion. In addition to addressing allegations unique to their individual cases, the AI companies accuse the labels of various types of anti-competitive behavior. Imposing conditions to prevent streaming services obtaining licensed music from smaller labels at lower rates, seeking to impose a "no AI" policy on licensees, to claims that they "may have responded to outreach from potential commercial counterparties by engaging in one or more concerted refusals to deal." The defendants say this type of behavior is fueled by the labels' dominant control of copyrighted works and by extension, the overall market. Here, however, ownership of copyrighted music is trumped by the existence and knowledge of musical styles, over which nobody can claim ownership or seek to control. "No one owns musical styles. Developing a tool to empower many more people to create music, by scrupulously analyzing what the building blocks of different styles consist of, is a quintessential fair use under longstanding and unbroken copyright doctrine. "Plaintiffs' contrary vision is fundamentally inconsistent with the law and its underlying values." You can read Suno and Udio's answers to the RIAA's lawsuits here (PDF) and here (PDF).

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Meta's Twitter rival, Threads, has reached a new milestone of 200 million active users, according to Instagram head Adam Mosseri. "I'm excited to share that we crossed the 200M milestone on @threads," Mosseri wrote. "My hope is that Threads can inspire ideas that bring people together and this amazing community continues to grow." TechCrunch reports: Growth for Threads has been strong. The text-focused social media platform, which launched in July 2023, reached 150 million users in April 2024 and 175 million users in July on its one-year anniversary, before another growth spurt led it to hit 200 million a month later. [...] Last year, Zuckerberg suggested Threads has a "good chance" of becoming a platform with more than a billion users. On the latest earnings call, the Meta CEO also described the platform as being on a good growth trajectory. "We're making steady progress towards building what looks like it's going to be another major social app. And we are seeing deeper engagement," he said, adding: "I'm quite pleased with the trajectory here."

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An anonymous reader quotes a report from Reuters: The U.S. Justice Department filed a lawsuit Friday against TikTok and parent company ByteDance for failing to protect children's privacy on the social media app as the Biden administration continues its crackdown on the social media site. The government said TikTok violated the Children's Online Privacy Protection Act that requires services aimed at children to obtain parental consent to collect personal information from users under age 13. The suit (PDF), which was joined by the Federal Trade Commission, said it was aimed at putting an end "to TikTok's unlawful massive-scale invasions of children's privacy." Representative Frank Pallone, the top Democrat on the Energy and Commerce Committee, said the suit "underscores the importance of divesting TikTok from Chinese Communist Party control. We simply cannot continue to allow our adversaries to harvest vast troves of Americans' sensitive data." The DOJ said TikTok knowingly permitted children to create regular TikTok accounts, and then create and share short-form videos and messages with adults and others on the regular TikTok platform. TikTok collected personal information from these children without obtaining consent from their parents. The U.S. alleges that for years millions of American children under 13 have been using TikTok and the site "has been collecting and retaining children's personal information." The FTC is seeking penalties of up to $51,744 per violation per day from TikTok for improperly collecting data, which could theoretically total billions of dollars if TikTok were found liable. TikTok said Friday it disagrees "with these allegations, many of which relate to past events and practices that are factually inaccurate or have been addressed. We are proud of our efforts to protect children, and we will continue to update and improve the platform."

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Google has pulled its "Dear Sydney" Olympics ad after it garnered significant backlash. (You can still watch the ad on YouTube, but comments have been turned off.) According to Ad Age, the ad was "meant to promote Google's Gemini AI platform, but viewers had a difficult time looking past its miscalculated storyline." From the report: In the ad, a father wants to help his daughter write a letter to her idol, Olympic track star Sydney McLaughlin-Levrone. But instead of encouraging her to take part in such a personal moment, he delegates Gemini to write the letter for her. Viewers and ad leaders lambasted the spot on social media for being tone-deaf. Some were upset over Google evidently seeing no problem with an AI co-opting a formative childhood act, while others alluded to its reinforcing of a more existential fear, that AI is bound to replace meaningful work. The ad got significant airplay during NBCU's TV coverage of the Olympics this week, including on NBC in primetime, as well as on E!, CNBC and USA, according to iSpot.tv. It last ran on national TV around midnight of July 30 on USA, according to iSpot.TV. "While the ad tested well before airing, given the feedback, we've decided to phase the ad out of our Olympics rotation," a Google spokesperson told Ad Age today. The company earlier this week defended the ad in a statement: "We believe that AI can be a great tool for enhancing human creativity, but can never replace it. Our goal was to create an authentic story celebrating Team USA. It showcases a real-life track enthusiast and her father, and aims to show how the Gemini app can provide a starting point, thought starter, or early draft for someone looking for ideas for their writing."

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Intel's stock plunged as much as 30% on Friday after the company issued disappointing guidance and announced plans for a substantial workforce reduction. According to Bloomberg, it was the company's biggest single-day drop since at least 1982. Markets Insider reports: The decline comes after the software company announced quarterly revenue of $12.83 billion, down 1% from the previous year and missing analyst expectations of $12.94 billion, according to LSEG estimates. The company also lowered its revenue forecast for the current quarter to a range between $12.5 billion and $13.5 billion, down from analyst estimates of $14.35 billion. Intel executives pointed to unexpected trends in the most recent quarter to explain how it performed this way even with product milestones. "Our Q2 financial performance was disappointing, even as we hit key product and process technology milestones," CEO Pat Gelsinger said in a press release. "Second-half trends are more challenging than we previously expected, and we are leveraging our new operating model to take decisive actions that will improve operating and capital efficiencies." Those operations and efficiency improvements include plans to lay off over 15% of staff by the end of this year, realign structure and operations, and cut operations expenses by over $10 billion next year. Technology shares fell across the globe following underwhelming earnings and fears of a U.S. economic recession grew. Stock markets in Europe, Asia and New York tumbled on Friday. "Japanese equities suffered their worst day since the Covid-19 pandemic rocked markets in 2020; the Nikkei 225 share index tumbled by 5.8% to its lowest closing level since January," reports The Guardian. "The broader Japanese Topix fell 6.1%, Australia's ASX fell 2.5% and Hong Kong's Hang Seng was down 2.1%." "Europe's main stock indices also declined on Friday, with European technology stocks falling to their lowest level in more than six months."

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An anonymous reader quotes a report from The Guardian: The technology flaws of the U.S. Secret Service helped the gunman who attempted to assassinate Donald Trump during a rally in Butler, Pennsylvania, last month evade detection. An officer broadcast "long gun!" over the local law enforcement radio system, according to congressional testimony from the Secret Service this week, the New York Times reported. The radio message should have travelled to a command center shared between local police and the Secret Service, but the message was never received by the Secret Service. About 30 seconds later, the shooter, Thomas Crooks, fired his first shots. It was one of several technology issues facing the Secret Service on 13 July due to either malfunction, improper deployment or the Secret Service opting not to utilize them. The Secret Service had also previously rejected requests from the Trump campaign for more resources over the past two years. The use of a surveillance drone was turned down by the Secret Service at the rally site and the agency also did not bring in a system to boost the signals of agents' devices as the area had poor cell service. And a system to detect drone use in the area by others did not work, according to the report in the New York Times, due to the communications network in the area being overwhelmed by the number of people gathered at the rally. The federal agency did not use technology it had to bolster their communications system. The shooter flew his own drone over the site for 11 minutes without being detected, about two hours before Trump appeared at the rally. Ronald Rowe Jr, the acting Secret Service director, said it never utilized the technological tools that could have spotted the shooter beforehand. A former Secret Service officer also told the New York Times he "resigned in 2017 over frustration with the agency's delays in evaluating new technology and getting clearance and funding to obtain it and then train officers on it," notes The Guardian. Furthermore, the Secret Service failed to record communications between federal and local law enforcement at the rally.

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An anonymous reader quotes a report from VentureBeat: Google launched its latest artificial intelligence powerhouse, Gemini 1.5 Pro, today, making the experimental "version 0801" available for early testing and feedback through Google AI Studio and the Gemini API. This release marks a major leap forward in the company's AI capabilities and has already sent shockwaves through the tech community. The new model has quickly claimed the top spot on the prestigious LMSYS Chatbot Arena leaderboard (built with Gradio), boasting an impressive ELO score of 1300. This achievement puts Gemini 1.5 Pro ahead of formidable competitors like OpenAI's GPT-4o (ELO: 1286) and Anthropic's Claude-3.5 Sonnet (ELO: 1271), potentially signaling a shift in the AI landscape. Simon Tokumine, a key figure in the Gemini team, celebrated the release in a post on X.com, describing it as "the strongest, most intelligent Gemini we've ever made." Early user feedback supports this claim, with one Redditor calling the model "insanely good" and expressing hope that its capabilities won't be scaled back. "A standout feature of the 1.5 series is its expansive context window of up to two million tokens, far surpassing many competing models," adds VentureBeat. "This allows Gemini 1.5 Pro to process and reason about vast amounts of information, including lengthy documents, extensive code bases, and extended audio or video content."

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According to China's National Energy Administration (NEA), wind and solar energy have collectively eclipsed coal in capacity for the first time ever. By 2026, analysts forecast solar power alone will surpass coal as the country's primary energy source, with a cumulative capacity exceeding 1.38 terawatts (TW) -- 150 gigawatts (GW) more than coal. Oil Pricereports: This shift stems from a growing emphasis on cleaner energy sources and a move away from fossil fuels for the nation. Despite coal's early advantage, with around 50 GW of annual installations before 2016, China has made substantial investments to expand its renewable energy infrastructure. Since 2020, annual installations of wind and solar energy have consistently exceeded 100 GW, three to four times the capacity additions for coal. This momentum has only gathered pace since then, with last year seeing China set a record with 293 GW of wind and solar installations, bolstered by gigawatt-scale renewable hub projects from the NEA's first and second batches connected to the country's grid. China's coal power sector is moving in the opposite direction. Last year, approximately 40 GW of coal power was added, but this figure plummeted to 8 GW in the first half of 2024, according to our estimates. Despite the expansion of renewable energy under supportive policies, the government has implemented stricter restrictions on new coal projects to meet carbon reduction goals. Efforts are now focused on phasing out smaller coal plants, upgrading existing ones to reduce emissions and enforcing more stringent standards for new projects. As a result, the annual capacity addition gap between coal and clean energy has widened dramatically, reaching a 16-fold difference in the first half of 2024.

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For the first time, an AI-controlled autonomous robot performed an entire dental procedure on a human patient, completing the task eight times faster than a human dentist could. New Atlas reports: The system, built by Boston company Perceptive, uses a hand-held 3D volumetric scanner, which builds a detailed 3D model of the mouth, including the teeth, gums and even nerves under the tooth surface, using optical coherence tomography, or OCT. This cuts harmful X-Ray radiation out of the process, as OCT uses nothing more than light beams to build its volumetric models, which come out at high resolution, with cavities automatically detected at an accuracy rate around 90%. At this point, the (human) dentist and patient can discuss what needs doing -- but once those decisions are made, the robotic dental surgeon takes over. It plans out the operation, then jolly well goes ahead and does it. The machine's first specialty: preparing a tooth for a dental crown. Perceptive claims this is generally a two-hour procedure that dentists will normally split into two visits. The robo-dentist knocks it off in closer to 15 minutes. Here's a time-lapse video of the drilling portion, looking very much like a CNC machine at work. Remarkably, the company claims the machine can take care of business safely "even in the most movement-heavy conditions," and that dry run testing on moving humans has all been successful. [...] The robot's not FDA-approved yet, and Perceptive hasn't placed a timeline on rollout, so it may be some years yet before the public gets access to this kind of treatment.

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An anonymous reader quotes a report from the New York Times: People who regularly eat processed red meat, like hot dogs, bacon, sausage, salami and bologna, have a greater risk of developing dementia later in life. That was the conclusion of preliminary research presented this week at the Alzheimer's Association International Conference. The study tracked more than 130,000 adults in the United States for up to 43 years. During that period, 11,173 people developed dementia. Those who consumed about two servings of processed red meat per week had a 14 percent greater risk of developing dementia compared to those who ate fewer than three servings per month. Eating unprocessed red meat, like steak or pork chops, did not significantly increase the risk for dementia, though people who ate it every day were more likely to report that they felt their cognition had declined than those who ate red meat less often. (The results of the study have not yet been published in a journal.) There have been several studies published in the past few years that have found an association between ultraprocessed foods and cognitive decline. The report notes a study of more than 10,000 middle-aged adults in Brazil, which found that "people who consumed 20 percent or more of their daily calories from ultraprocessed foods experienced more rapid cognitive decline, particularly on tests of executive functioning, over the course of eight years."

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Microsoft Dynamics 365's "field service management" tools enable employers to monitor mobile workers via smartphone apps -- "allegedly to the detriment of their autonomy and dignity," reports The Register. From the report: According to a probe by Cracked Labs - an Austrian nonprofit research group -- the software is part of a broader set of applications that disempowers workers through algorithmic management. The case study [PDF] summarizes how employers in Europe actually use software and smartphone apps to oversee field technicians, home workers, and cleaning staff. It's part of a larger ongoing project helmed by the group called "Surveillance and Digital Control at Work," which includes contributions from AlgorithmWatch; Jeremias Adams-Prassl, professor of law at the University of Oxford; and trade unions UNI Europa and GPA. Mobile maintenance workers used to have a substantial amount of autonomy when they were equipped with basic mobile phones, the study notes, but smartphones have allowed employers to track what mobile workers do, when they do it, where they are, and gather many other data points. The effect of this monitoring, the report argues, means diminished worker discretion, autonomy, and sense of purpose due to task-based micromanagement. The shift has also accelerated and intensified work stress, with little respect to workers' capabilities, differences in lifestyle, and job practices. "Field service workers travel to multiple locations servicing different products every day," a Microsoft spokesperson told The Register. "Dynamics 365 Field Service and its Copilot capabilities are designed to help field service workers schedule, plan and provide onsite maintenance and repairs in the right location, on time with the right information and workplace guides on their device to complete their jobs." "Dynamics 365 Field Service does not use AI to recommend individual workers for specific jobs based on previous performance. Dynamics 365 Field Service was developed in accordance with our Responsible AI principles and data privacy statement. Customers are solely responsible for using Dynamics 365 Field Service in compliance with all applicable laws, including laws relating to accessing individual employee analytics and monitoring."

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Rob Thubron reports via TechSpot: It's a sad case of another day, another round of mass layoffs at a game studio. On this occasion, Destiny developer Bungie has announced it is letting go of 220 employees, or 17% of its workforce. CEO Pete Parsons said the eliminations were due to "financial challenges," which isn't going down well, especially after it was discovered he may have spent over $2.4 million on classic cars after Sony acquired the company, and continued buying them even after the previous layoffs. Bungie blames the job eliminations on "rising costs of development and industry shifts as well as enduring economic conditions." The Sony subsidiary says it needs to make substantial changes to its cost structure and focus development efforts entirely on Destiny and Marathon. The cuts will impact every level of the company, including executives and senior leader roles -- but not Parsons, obviously. In what appears to be a way of reducing the number of people being laid off, Bungie is moving 155 people to Sony Interactive Entertainment over the next few quarters. Furthermore, a team working on one of Bungie's incubation projects -- an action game set in a brand-new science-fantasy universe -- will be spun off to form a new studio within PlayStation Studios. [...] "This is hitting people who were told they were valued. That they were important. That they were critical to business success. But none of that mattered," wrote Bungie technical UX designer Ash Duong. Many have called for Parsons to resign. The calls were amplified when he set his X account to private, but it seems the CEO realized that was making things worse and soon set it to public again. What's angering people even further is the discovery of what seems to be Parsons' account on a car bidding site called Bring a Trailer. It shows he has spent $2.4 million on classic cars since September 2022, which includes $500,000 since the October layoffs.

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Progressive groups and Senator Elizabeth Warren are urging the Department of Justice to investigate Nvidia for potential antitrust violations due to its dominant position in the AI chip market. The groups criticize Nvidia's bundling of software and hardware, claiming it stifles innovation and locks in customers. Reuters reports: Demand Progress and nine other groups wrote a letter (PDF) this week, opens new tab urging Department of Justice antitrust chief Jonathan Kanter to probe business practices at Nvidia, whose market value hit $3 trillion this summer on demand for chips able to run the complex models behind generative AI. The groups, which oppose monopolies and promote government oversight of tech companies, among other issues, took aim at Nvidia's bundling of software and hardware, a practice that French antitrust enforcers have flagged as they prepare to bring charges. "This aggressively proprietary approach, which is strongly contrary to industry norms about collaboration and interoperability, acts to lock in customers and stifles innovation," the groups wrote. Nvidia has roughly 80% of the AI chip market, including the custom AI processors made by cloud computing companies like Google, Microsoft and Amazon.com. The chips made by the cloud giants are not available for sale themselves but typically rented through each platform. A spokesperson for Nvidia said: "Regulators need not be concerned, as we scrupulously adhere to all laws and ensure that NVIDIA is openly available in every cloud and on-prem for every enterprise. We'll continue to support aspiring innovators in every industry and market and are happy to provide any information regulators need."

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Longtime Slashdot reader ArchieBunker shares a report from Jalopnik: YouTube's Rich Rebuilds has been taking electric vehicles apart to see what makes them tick for years, so when a bargain-priced Fisker Ocean came on his radar, he had to buy it. Even if it was totally bricked. This car was purchased new for over $70,000, had several thousand dollars of paint protection and tint applied, was driven for 300 miles, and traded in. It sat on the dealer lot for long enough for the battery to die, and the techs at the dealer couldn't figure it out. So they sold it to Rich for just 10 grand! As Rich notes in the video, the car is worth way more than ten grand in parts alone, as current Fisker owners will be looking for ways to keep their cars on the road for years to come. The company has gone the way of the dodo, and parts supply and software updates are never going to come. What you see is what you get, and what you get is kind of shitty. In June, Fisker filed for bankruptcy, months after the electric-vehicle startup stopped production of its only model, the oft-malfunctioning Ocean SUV.

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An anonymous reader quotes an op-ed, written by former hedge fund manager Marc Rubinstein: With new technologies come new rules governing how they are used. Often, policy is framed via analogy: Are social media platforms publishers or are they town squares? Are instant messages water-cooler chatter or are they formal communication? So it is with peer-to-peer electronic payments. Last week a US Senate committee joined the debate over whether they're analogous to cash or to bank-payment channels. It's an essential distinction -- for both consumers and the companies that provide this free service. [...] Yet while no bank would accept liability if a customer lost their wallet to a pickpocket, the senators' debate focused on who's responsible when fraudsters target electronic wallets. Last year, customers of the three largest lenders -- Bank of America, JPMorgan Chase and Wells Fargo -- lost a total of $370 million via Zelle, the platform these banks jointly own with four others. According to the majority staff report (PDF) filed by the Permanent Subcommittee on Investigations, which convened the July 23 hearing, the banks reimbursed only around $100 million of that, leaving consumers to shoulder the rest. While small in the context of overall volume that go through Zelle -- $806 billion last year, of which these banks did 73% -- that's cold comfort for the customers. Legally, a bank's obligation rests on whether clients fall victim to a "fraud" or to a "scam." In a fraud, money is transferred out of the user's account without their authorization, usually as the result of hacking. Under the Electronic Fund Transfer Act, banks are required to reimburse such losses. As long as the customer authorizes the transaction, though, even if fraudulently induced to do so, banks don't have to pick up the tab. Such scams are growing as fraudsters parade as a bank employee, a love interest or a potential new employer, often via social media. According to a Pew Research survey, 13% of P2P platform users reported sending money, only later to realize they were set up. Persuading your bank you are the victim of a fraud rather than a scam can take some work. [...] For bad guys, the speed of P2P payments makes them a particularly attractive target. A Zelle transfer can take 20 to 30 seconds to initiate. In most cases, by the time an unsuspecting consumer realizes they have been targeted, their money is already gone. Banks argue this is no different from cash. [...] However, others see P2P transactions more akin to electronic payments and question why reimbursement rates, at 26% in the case of Zelle, are so much lower than for credit-card payments (47%) or debit-card payments (36%) at the three big banks. Despite critical differences, the subcommittee agrees. Its report recommends extending purchase protections standard in credit and debit-card markets to commercial P2P payments, and amending the Electronic Fund Transfer Act to make fraudulently induced transactions subject to reimbursement. Such a move has already been adopted in the UK, where new rules requiring financial institutions to fully reimburse victims of scams come into force in October this year. US bankers aren't keen. "We need to be thoughtful and think about unintended consequences," Adam Vancini, Wells Fargo's head of payments for Consumer, Small & Business Banking, said at the Senate hearing. For now, Zelle transfers enjoy all the benefits of cash. Layer in the benefits of card payments, too, and the no-cost model may disappear.

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