You'll soon get to try out OpenAI's buzzy text-to-video generator for yourself. From a report: In an interview with The Wall Street Journal, OpenAI chief technology officer Mira Murati says Sora will be available "this year" and that it "could be a few months." OpenAI first showed off Sora, which is capable of generating hyperrealistic scenes based on a text prompt, in February. The company only made the tool available for visual artists, designers, and filmmakers to start, but that didn't stop some Sora-generated videos from making their way onto platforms like X. In addition to making the tool available to the public, Murati says OpenAI has plans to "eventually" incorporate audio, which has the potential to make the scenes even more realistic. The company also wants to allow users to edit the content in the videos Sora produces, as AI tools don't always create accurate images. "We're trying to figure out how to use this technology as a tool that people can edit and create with," Murati tells the Journal. When pressed on what data OpenAI used to train Sora, Murati didn't get too specific and seemed to dodge the question.

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Ethereum has successfully completed a major software upgrade that should make using the blockchain network ecosystem cheaper. The update enables transactions that previously cost $1 on linked Layer 2 networks such as Arbitrum, Polygon, and Coinbase's Base to be executed for just a cent. The Dencun upgrade, a combination of the "Deneb" and "Cancun" portions of the update, introduces a new data storage system for Ethereum. Currently, most Layer 2 blockchains store data on Ethereum, and because this data is stored permanently on every Ethereum node, storage costs often account for around 90% of Layer 2 expenses. These costs are typically passed on to applications, which in turn charge consumers. With Dencun, Layer 2s can now store data in a new type of repository called blobs, which will be cheaper as the data will only be stored for approximately 18 days.

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Waymo will begin offering a robotaxi service to the public in Los Angeles this week and in Austin by the end of the year, the company's co-CEO Tekedra Mawakana said Wednesday at SXSW. From a report: The Alphabet company has been testing and validating its driverless vehicles across about 43 square miles around downtown, Barton Hills, Riverside, East Austin and Hyde Park neighborhoods. The announcement comes about a week after Waymo started letting its autonomous vehicles traverse Austin without a safety operator behind the wheel, a critical step before the company opens the program up to the public. Opening up a robotaxi service means the public will be able to hail a ride in a driverless car via the Waymo One app. Importantly, Waymo will be able to charge for those rides. Austin will become the fourth city where Waymo operates a commercial driverless service. Waymo also operates a robotaxi service in Phoenix, San Francisco and soon Los Angeles.

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Epic Games, which makes the popular video game "Fortnite," on Wednesday accused Apple of violating an injunction governing its lucrative App Store, and asked a U.S. judge to hold Apple in contempt and end its "sham" compliance. From a report: A September 2021 injunction by U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, let developers provide links and buttons that direct consumers to other means to pay for digital content. In a filing with the California court, Epic alleged that Apple is in "blatant violation" of that injunction, despite the Cupertino, California-based company's assurance in a Jan. 16 court notice that it had "fully complied." Epic said Apple has imposed new rules and a new 27% fee on developers for some purchases, which taken together make the links "commercially unusable." The Cary, North Carolina-based developer also said Apple continues to "categorically prohibit" buttons, and still forbids some apps from telling users they have other purchasing options.

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For decades, U.S. inventors sent in models with their patent applications -- gizmos that reveal a secret history of unmet needs and relentless innovation. The New Yorker: The ruins of American invention have been recently resurrected in a former textile mill in Wilmington, Delaware. The Henry Clay Mill, now better known as Hagley Museum and Library Visitor Center, is perched on the banks of Brandywine Creek, at the southern edge of a sprawling estate once owned by the du Pont family; just upstream lies the oldest of the dynasty's several stately homes in the region, as well as the remains of the gunpowder works upon which its fortune was built. One morning, Chris Cascio, a curator, welcomed me into the mill, where the space once occupied by cotton-picking and carding machines now houses a curious exhibit: the scavenged remainders of a much larger, long-lost museum. From 1790 to 1880, Cascio explained, the U.S. Patent Office first encouraged and then required an inventor to submit a model along with each application. These models -- thousands of miniature devices, often exquisitely detailed -- were then exhibited in Washington, D.C., in the office's model gallery. Sometimes called the "Temple of Invention," the gallery was a bustling landmark: it regularly attracted up to ten thousand visitors a month and was ranked as "the greatest permanent attraction in the city," according to one newspaper. But by the late nineteenth century it had effectively shut its doors. Hagley's latest exhibit, "Nation of Inventors," is the largest permanent public display of patent models since that time. [...] The U.S. system was also unique in that no other country required a model to accompany a patent application. The reasons why soon became clear. As early as the eighteen-thirties, the collection had outgrown the Patent Office's cramped headquarters at the former Blodgett's Hotel. In 1836, a fire destroyed at least seven thousand models, but, rather than abandon the requirement, the Patent Office doubled down, securing congressional funding to reconstruct the models and laying the foundations for a truly monumental building, with a facade modelled after the Parthenon. The structure, which now houses the Smithsonian's American Art Museum and the National Portrait Gallery, occupies an entire city block. In the engineer Pierre L'Enfant's master plan for the capital, it was intended to serve as a kind of nondenominational "church of the republic," between the White House on one side and the Capitol on the other.

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Following the U.S. Supreme Court's decision to end affirmative action in college admissions, there has been increased scrutiny on legacy admissions -- the practice of giving special considerations to the relatives of alumni. Critics say this practice disproportionately benefits white students from wealthy backgrounds. Much of the discussion and research on legacy admissions focuses on Ivy League and other highly selective schools, but these colleges enroll only a small share of students. How widespread is the practice of legacy admissions? Is it common among public colleges? Brookings: In this report, we document the prevalence of legacy admissions, as reported by colleges, across higher education around the time of the SFFA decision. Legacy admissions were more often used at selective and private institutions, but a substantial minority of public and less selective institutions also considered legacy status in admissions. The use of legacy preferences appears to have been most common in the Northeast and South and least common in the West. There is substantial -- but incomplete -- overlap in the colleges that considered legacy status and those that practiced affirmative action (AA) prior to SFFA. A number of colleges, including some public colleges, said they considered relationships to alumni but not racial identity in admissions. While most state flagships don't consider legacy status in admissions, half have at least one scholarship opportunity that is catered to legacy students. Because the data are available with a lag, we do not know how many colleges have changed their legacy admissions policies in response to the Court's decision on affirmative action, but press reports and our conversations with admissions representatives indicate that some colleges have changed course in the past few years, including at least five state flagships. The effect of legacy preferences on who enrolls at a particular university may not be substantial overall. Many of the colleges that use legacy admissions are not that selective, and the scholarships for relatives of alumni are typically small. Still, even if the number of students directly displaced by legacies who had a leg up is ultimately not that large, the practice sends students the wrong signal about what's important and is contrary to the mission of a public university. In a recent survey, half of first-generation college students said they thought legacy admissions practices may have hurt their chances. Perceptions of an unfair admissions process might also make some students less likely to apply or undermine the perceived legitimacy of higher education, though we did not find research on this topic.

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An anonymous reader shares an excerpt from a Wired article: The U.S. economy is showing remarkable health, but in the tech industry, layoffs keep coming. For those out of work, finding a new position can become a full-time job. And in tech -- a sector notoriously always looking for the next hot, new thing -- some people whose days as fresh-faced coders are long gone say that having decades of experience can feel like a disadvantage. Ageism is a longtime problem in the tech industry. Database startup RelevantDB went viral in 2021 after it posted a job listing bragging, "We hire old people," which played off industry stereotypes. In 2020, the US Equal Employment Opportunity Commission found that IBMhad engaged in age discrimination, pushing out older workers to make room for younger ones. (The company has denied engaging in "systemic age discrimination.") A recent LinkedIn ad that shows an older woman unfamiliar with tech jargon saying her son sells invisible clouds triggered a backlash from people who say it unfairly portrayed older people as out of touch. In response, Jim Habig, LinkedIn's vice president of marketing, says: "This ad didn't meet our goal to create experiences where all professionals feel welcomed and valued, and we are working to replace the spot." [...] Tech companies have laid off more than 400,000 workers over the past two years, according to Layoffs.fyi, which tracks job cuts in the industry. To older workers, the purge is both a reminder of the dotcom bust, and a new frontier. The industry's generally consistent growth in recent decades as the economy has become more tech-centric means that many more senior workers -- which in tech can sometimes be considered to mean over 35 but includes people in their late forties, fifties, or sixties -- may have less experience with job hunting. For decades, tech workers could easily hop between jobs in their networks, often poached by recruiters. And as tech companies boomed during the Covid-19 pandemic's early days, increased demand for skills gave workers leverage. Now the power has shifted to the employers as companies seek to become efficient and correct that over hiring phase, and applicants are hitting walls. Workers have to network, stay active on LinkedIn, join message boards, and stand out. With four generations now clocking in to work, things can feel crowded.

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Connor Jones reports via The Register: Stanford University says the cybersecurity incident it dealt with last year was indeed ransomware, which it failed to spot for more than four months. Keen readers of El Reg may remember the story breaking toward the end of October 2023 after Akira posted Stanford to its shame site, with the university subsequently issuing a statement simply explaining that it was investigating an incident, avoiding the dreaded R word. Well, surprise, surprise, ransomware was involved, according to a data breach notice sent out to the 27,000 people affected by the attack. Akira targeted the university's Department of Public Safety (DPS) and this week's filing with the Office of the Maine Attorney General indicates that Stanford became aware of the incident on September 27, more than four months after the initial breach took place. According to Monday's filing, the data breach occurred on May 12 2023 but was only discovered on September 27 of last year, raising questions about whether the attacker(s) was inside the network the entire time and why it took so long to spot the intrusion. It's not fully clear what information was compromised, but the draft letters include placeholders for three different variables. However, the filing with Maine's AG suggests names and social security numbers are among the data types to have been stolen. All affected individuals have been offered 24 months of free credit monitoring, including access to a $1 million insurance reimbursement policy and ID theft recovery services. Akira's post dedicated to Stanford on its leak site claims it stole 430 GB worth of data, including personal information and confidential documents. It's all available to download via a torrent file and the fact it remains available for download suggests the research university didn't pay whatever ransom the attackers demanded.

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Roman Sterlingov, the founder of a $400 million crypto-mixing service called Bitcoin Fog, has been convicted of money laundering in a United State District Court on Tuesday. Other charges include money laundering conspiracy, operating an unlicensed money-transmitting business, and violations of the D.C. Money Transmitters Act. CoinTelegraph reports: Sterlingov, however, had argued throughout the trial that he was only a user of the service, and not its operator. His attorney, Tok Ekeland said in a March 12 X post that his team will appeal the verdict. According to evidence presented at the trial, Sterlingov operated Bitcoin Fog from October 2011 to April 2021, which acted as a money laundering service for "criminals seeking to hide their illicit proceeds from law enforcement." The service moved over 1.2 million Bitcoin over the decade-long operation -- worth $400 million at the time of the transactions -- with the bulk of cryptocurrency coming from darknet marketplaces tied to narcotics, computer fraud abuse and identity theft, the government said. Bitcoin Fog also served distributors of child sexual abuse material. Evidence used to convict Sterlingov found that the "vast majority" of crypto deposited to his crypto exchange accounts came from "Bitcoin clusters" associated with Bitcoin Fog. "Evidence presented at trial clearly showed that the defendant laundered hundreds of millions of illicit funds from the dark web through Bitcoin Fog in an attempt to conceal the origin of those funds," said Internal Revenue Service (IRS) Criminal Investigation Chief Jim Lee.

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An anonymous reader quotes a report from Fortune: We are often told that setting the bar high is key to success. After all, if you shoot for the moon and miss, at least you'll land with the stars. But Nvidia's CEO Jensen Huang wants privileged Gen Z grads to lower their expectations. "People with very high expectations have very low resilience -- and unfortunately, resilience matters in success," Huang said during a recent interview with the Stanford Graduate School of Business. "One of my great advantages is that I have very low expectations." Indeed, as the billionaire boss pointed out, those at elite institutions like Stanford probably have higher expectations for their future than your average Joe. The university is one of the most selective in the United States -- it ranks third best in the country, according to the QS World University Rankings, and the few students who get picked to study there are charged $62,484 in tuition fees for the premium, compared to the average $26,027 per annum cost. But, unfortunately for those saddled with student debt, not even the best universities in the world can teach you resilience. "I don't know how to teach it to you except for I hope suffering happens to you," Huang added. [...] For those fortunate enough to never have personally experienced hardship growing up, Huang doesn't have any advice on how to welcome more of it into your life now. But he did have some advice on embracing tough times. "I don't know how to do it [but] for all of you Stanford students, I wish upon you ample doses of pain and suffering," Huang said. "Greatness comes from character and character isn't formed out of smart people -- it's formed out of people who suffered."It's why despite Nvidia's success -- the company has a $2 trillion market cap -- Huang would still welcome hardship at his organization."To this day I use the phrase 'pain and suffering' inside our company with great glee," he added. "I mean that in a happy way because you want to refine the character of your company." Essentially, if you want your workforce to always be on their A game, don't let them rest on their laurels.

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According to a new study from the Institute for the Future of Work, contemporary technology often has a negative impact on workers' quality of life. The think tank surveyed over 6,000 people to learn how four categories of workplace technologies affected their wellbeing. TechSpot reports the findings: The study found that increased exposure to three of the categories tended to worsen workers' mental state and health. The three areas that negatively impact people most are wearable and remote sensing technologies, which covers CCTV cameras and wearable trackers; robotics, consisting of automated machines, self-driving vehicles, and other equipment; and, unsurprisingly, technologies relating to AI and ML, which includes everything from decision management to biometrics. Only one of the categories was found to be beneficial to employees, and it's one that has been around for decades: ICT tech such as laptops, tablets, phones, and real-time messaging tools.

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Last month, the only known surviving copy of 32-bit OS/2 from Microsoft was purchased for $650. "Now, two of the internet's experts in getting early PC operating systems running today have managed to fire it up, and you can see the results," reports The Register. From the report: Why such interest in this nearly third-of-a-century old, unreleased OS? Because this is the way the PC industry very nearly went. This SDK came out in June 1990, just one month after Windows 3.0. If 32-bit OS/2 had launched as planned, Windows 3 would have been the last version before it was absorbed into OS/2 and disappeared. There would never have been any 32-bit versions: no Windows NT, no Windows 95; no Explorer, no Start menu or taskbars. That, in turn, might well have killed off Apple as well. No iPod, no iPhone, no fondleslabs. Twenty-first century computers would be unimaginably different. The surprise here is that we can see a glimpse of this world that never happened. The discovery of this pre-release OS shows how very nearly ready it was in 1990. IBM didn't release its solo version until April 1992, the same month as Windows 3.1 -- but now, we can see it was nearly ready two years earlier. That's why Michal Necasek of the OS/2 Museum called his look The Future That Never Was. He uncovered a couple of significant bugs, but more impressively, he found workarounds for both, and got both features working fine. OS/2 2 could run multiple DOS VMs at once, but in the preview, they wouldn't open -- due to use of an undocumented instruction which Intel did implement in the Pentium MMX and later processors. Secondly, the bundled network client wouldn't install -- but removing a single file got that working fine. That alone is a significant difference between Microsoft's OS/2 2.0 and IBM's version: Big Blue didn't include networking until Warp Connect 3 in 1995. His verdict: "The 6.78 build of OS/2 2.0 feels surprisingly stable and complete. The cover letter that came with the SDK stressed that Microsoft developers had been using the OS/2 pre-release for day-to-day work." Over at Virtually Fun, Neozeed also took an actual look at Microsoft OS/2 2.0, carefully recreating that screenshot from PC Magazine in May 1990. He even managed to get some Windows 2 programs running, although this preview release did not yet have a Windows subsystem. On his Internet Archive page, he has disk images and downloadable virtual machines so that you can run this yourself under VMware or 86Box.

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Longtime Slashdot reader ahbond shares a report from VentureBeat: Today, Cognition, a recently formed AI startup backed by Peter Thiel's Founders Fund and tech industry leaders including former Twitter executive Elad Gil and Doordash co-founder Tony Xu, announced a fully autonomous AI software engineer called "Devin." While there are multiple coding assistants out there, including the famous Github Copilot, Devin is said to stand out from the crowd with its ability to handle entire development projects end-to-end, right from writing the code and fixing the bugs associated with it to final execution. This is the first offering of this kind and even capable of handling projects on Upwork, the startup has demonstrated. [...] In a blog post today on Cognition's website, Scott Wu, the founder and CEO of Cognition and an award-winning sports coder, explained Devin can access common developer tools, including its own shell, code editor and browser, within a sandboxed compute environment to plan and execute complex engineering tasks requiring thousands of decisions. The human user simply types a natural language prompt into Devin's chatbot style interface, and the AI software engineer takes it from there, developing a detailed, step-by-step plan to tackle the problem. It then begins the project using its developer tools, just like how a human would use them, writing its own code, fixing issues, testing and reporting on its progress in real-time, allowing the user to keep an eye on everything as it works. [...] According to demos shared by Wu, Devin is capable of handling a range of tasks in its current form. This includes common engineering projects like deploying and improving apps/websites end-to-end and finding and fixing bugs in codebases to more complex things like setting up fine-tuning for a large language model using the link to a research repository on GitHub or learning how to use unfamiliar technologies. In one case, it learned from a blog post how to run the code to produce images with concealed messages. Meanwhile, in another, it handled an Upwork project to run a computer vision model by writing and debugging the code for it. In the SWE-bench test, which challenges AI assistants with GitHub issues from real-world open-source projects, the AI software engineer was able to correctly resolve 13.86% of the cases end-to-end -- without any assistance from humans. In comparison, Claude 2 could resolve just 4.80% while SWE-Llama-13b and GPT-4 could handle 3.97% and 1.74% of the issues, respectively. All these models even required assistance, where they were told which file had to be fixed. Currently, Devin is available only to a select few customers. Bloomberg journalist Ashlee Vance wrote a piece about his experience using it here. "The Doom of Man is at hand," captions Slashdot reader ahbond. "It will start with the low-hanging Jira tickets, and in a year or two, able to handle 99% of them. In the short term, software engineers may become like bot farmers, herding 10-1000 bots writing code, etc. Welcome to the future."

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An anonymous reader quotes a report from The Guardian: Underwater speakers that broadcast the hustle and bustle of thriving coral could bring life back to more damaged and degraded reefs that are in danger of becoming ocean graveyards, researchers say. Scientists working off the US Virgin Islands in the Caribbean found that coral larvae were up to seven times more likely to settle at a struggling reef where they played recordings of the snaps, groans, grunts and scratches that form the symphony of a healthy ecosystem. "We're hoping this may be something we can combine with other efforts to put the good stuff back on the reef," said Nadeege Aoki at the Woods Hole Oceanographic Institution in Massachusetts. "You could leave a speaker out for a certain amount of time and it could be attracting not just coral larvae but fish back to the reef." The world has lost half its coral reefs since the 1950s through the devastating impact of global heating, overfishing, pollution, habitat loss and outbreaks of disease. The hefty declines have fueled efforts to protect remaining reefs through approaches that range from replanting with nursery-raised corals to developing resilient strains that can withstand warming waters. Aoki and her colleagues took another tack, building on previous research which showed that coral larvae swim towards reef sounds. They set up underwater speakers at three reefs off St John, the smallest of the US Virgin Islands, and measured how many coral larvae, held in sealed containers of filtered sea water, settled on to pieces of rock-like ceramic in the containers up to 30 meters from the speakers. While the researchers installed speakers at all three sites, they only played sounds from a thriving reef at one: the degraded Salt Pond reef, which was bathed in the marine soundscape for three nights. The other two sites, the degraded Cocoloba and the healthier Tektite reefs were included for comparison. When coral larvae are released into the water column they are carried on the currents, and swim freely, before finding a spot to settle. Once they drop to the ocean floor, they become fixed to the spot and -- if they survive -- mature into adults. Writing in the Royal Society Open Science journal, the researchers describe how, on average, 1.7 times more coral larvae settled at the Salt Pond reef than at the other sites where no reef sounds were played. The settlement rates at Salt Pond dropped with distance from the speaker, suggesting the broadcasts were responsible. While the results are promising, Aoki said more work is afoot to understand whether other coral species respond to reef sounds in the same way, and whether the corals thrive after settling. "You have to be very thoughtful about the application of this technology," Aoki added. "You don't want to encourage them to settle where they will die. It really has to be a multi-pronged effort with steps in place to ensure the survival of these corals and their growth over time."

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The FAA today awarded a launch license to SpaceX for Starship's third-ever test flight on March 14. "The FAA determined SpaceX met all safety, environmental, policy and financial responsibility requirements," the agency wrote in a post on X this afternoon. Space.com reports: The megarocket has two test flights under its belt so far, which took place in April and November of last year. Starship's two stages failed to separate as planned on the April flight, however, which ended after just four minutes. Things went better in November -- stage separation occurred as planned, for example -- but both stages ended up exploding high in the sky on that mission as well. The FAA wrapped up its investigation into what happened on the November flight late last month. But the agency took some additional time before awarding a license for launch number three today. Thursday's flight will be different, and bolder, than its predecessors. "The third flight test aims to build on what we've learned from previous flights while attempting a number of ambitious objectives, including the successful ascent burn of both stages, opening and closing Starship's payload door, a propellant transfer demonstration during the upper stage's coast phase, the first ever re-light of a Raptor engine while in space, and a controlled reentry of Starship," SpaceX wrote in a mission description. In addition, Thursday's test launch will aim to bring Starship's upper stage down in the Indian Ocean. The target splashdown zone for the first two test missions, by contrast, was the Pacific Ocean near Hawaii.

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At this year's SXSW festival, discussions on artificial intelligence's future sparked controversy during screenings of premiers like "The Fall Guy" and "Immaculate." Variety reports: The quick-turnaround video editors at SXSW cut a daily sizzle reel highlighting previous panels, premieres and other events, which then runs before festival screenings. On Tuesday, the fourth edition of that daily video focused on the wide variety of keynotes and panelists in town to discuss AI. Those folks sure seem bullish on artificial intelligence, and the audiences at the Paramount -- many of whom are likely writers and actors who just spent much of 2023 on the picket line trying to reign in the potentially destructive power of AI -- decided to boo the video. Loudly. And frequently. Those boos grew the loudest toward the end of the sizzle, when OpenAI's VP of consumer product and head of ChatGPT Peter Deng declares on camera, "I actually think that AI fundamentally makes us more human." That is not a popular opinion. Deng participated in the session "AI and Humanity's Co-evolution with Open AI's Head of Chat GPT" on Monday, moderated by Signal Fire's consumer VC and former TechCrunch editor Josh Constine. Constine is at the start of the video with another soundbite that drew jeers: "SXSW has always been the digital culture makers, and I think if you look out into this room, you can see that AI is a culture." [...] The groans also grew loud for Magic Leap's founder Rony Abovitz, who gave this advice during the "Storyworlds, Hour Blue & Amplifying Humanity Ethically with AI" panel: "Be one of those people who leverages AI, don't be run over by it." You can hear some of the reactions from festival attendees here, here, and here.

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An anonymous reader quotes a report from the BBC: The polio survivor known as "the man in the iron lung" has died at the age of 78. Paul Alexander contracted polio in 1952 when he was six, leaving him paralyzed from the neck down. The disease left him unable to breathe independently, leading doctors to place him in the metal cylinder, where he would spend the rest of his life. He would go on to earn a law degree -- and practice law -- as well as publish a memoir. [...] In 1952, when he became ill, doctors in his hometown of Dallas operated on him, saving his life. But polio meant his body was no longer able to breathe on his own. The answer was to place him in a so-called iron lung — a metal cylinder enclosing his body up to his neck. The lung, which he called his "old iron horse," allowed him to breathe. Bellows sucked air out of the cylinder, forcing his lungs to expand and take in air. When the air was let back in, the same process in reverse made his lungs deflate. After years, Alexander eventually learned to breathe by himself so that he was able to leave the lung for short periods of time. Like most polio survivors placed in iron lungs, he was not expected to survive long. But he lived for decades, long after the invention of the polio vaccine in the 1950s all but eradicated the disease in the Western world. [...] Advances in medicine made iron lungs obsolete by the 1960s, replaced by ventilators. But Alexander kept living in the cylinder because, he said, he was used to it. He was recognized by Guinness World Records as the person who lived the longest in an iron lung.

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Beijing has hit out at US legislation to ban TikTok as former Treasury secretary Steven Mnuchin said he was assembling a consortium to buy the app from its Chinese owner. From a report: Foreign ministry spokesperson Wang Wenbin said on Thursday that the US had shown a "robber's logic" towards the app (non-paywalled link), which has 170mn users in America. "When you see other people's good things, you must find ways to own them," Wang said. The US House of Representatives on Wednesday approved a bill that would force TikTok owner ByteDance to sell the app to a non-Chinese company within six months or be banned from US app stores. It still needs Senate approval and President Joe Biden's signature. Mnuchin said in an interview with CNBC on Thursday that he was putting together an investor group to attempt to take over the short-video app. "It's a great business," he said. "It should be owned by a US business. There's no way the Chinese would ever let a US company run something like this in China." He Yadong, spokesperson for the commerce ministry, on Thursday called on Washington to "stop unfairly suppressing foreign companies."

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A judge in the UK High Court has declared that Australian computer scientist Craig Wright is not Satoshi Nakamoto, the creator of Bitcoin, marking the end of a years-long debate. From a report: "The evidence is overwhelming," said Honourable Mr. Justice James Mellor, delivering a surprise ruling at the close of the trial. "Dr. Wright is not the author of the Bitcoin white paper. Dr. Wright is not the person that operated under the pseudonym Satoshi Nakamoto. Dr. Wright is not the person that created the Bitcoin system. Nor is Dr. Wright the author of the Bitcoin software," he said. The ruling brings to a close a six-week trial, in which the Crypto Open Patent Alliance, a nonprofit consortium of crypto companies, asked the court to declare that Wright is not Satoshi on the basis that he had allegedly fabricated his evidence and contorted his story repeatedly as new inconsistencies came to light. "After all the evidence in this remarkable trial, it is clear beyond doubt that Craig Wright is not Satoshi Nakamoto," claimed Jonathan Hough, legal counsel for COPA, as he began his closing submissions on Tuesday. "Wright has lied, and lied, and lied."

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