The United States and China said Monday they reached an agreement to temporarily reduce the tariffs [non-paywalled source] they have imposed on each other in an attempt to defuse the trade war threatening the world's two largest economies. From a report: In a joint statement, the countries said they would suspend their respective tariffs for 90 days while they negotiate. Under the agreement, the United States would reduce the tariff on Chinese imports to 30 percent from its current 145 percent, while China would lower its import duty on American goods to 10 percent from 125 percent. "We concluded that we have a shared interest," said Treasury Secretary Scott Bessent at a news conference in Geneva where U.S. and Chinese officials met over the weekend. "The consensus from both delegations is that neither side wanted a decoupling," he said. The agreement breaks an impasse that had brought trade between China and the United States to a halt. Many American businesses had suspended orders, holding out hope that the two countries could strike a deal to bring down the tariff rates while raising the spectre of price increases.

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Numerous coffee establishments across the US are actively restricting internet access and laptop use as they push back against remote workers monopolizing their spaces for hours. New York's Devocion chain limits WiFi to two-hour windows on weekdays and eliminates it entirely on weekends, while Detroit's Alba coffee shop has operated without WiFi since its 2023 opening. Some venues have resorted to physically taping over electrical outlets. DC-based cafe Elle initially launched without WiFi but reversed course after receiving negative Google reviews, implementing a compromise with access restricted to Monday-Thursday, 8am-3pm, with a 90-minute usage cap. The restrictions primarily aim to increase customer turnover, improve sales figures, and restore the community atmosphere that extended laptop sessions often diminish.

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Wearable startup Whoop just announced its new Whoop 5.0 fitness tracker yesterday, but some existing users are already calling foul. From a report: Previously, Whoop said people who had been members for at least six months would get free upgrades to next-generation hardware. Now, the company says that members hoping to upgrade from a Whoop 4.0 to 5.0 will have to pay up. Whoop is a bit different from other fitness trackers in that it runs entirely on a subscription membership model. Most wearable makers that have subscriptions will charge you for the hardware, and then customers have the option of subscribing to get extra data or features. A good example is the Oura Ring, where you buy the ring and then have the option of paying a monthly $6 subscription. Whoop, however, has until now said that you get the hardware for "free" while paying a heftier annual subscription. Previously, Whoop promised users that whenever new hardware was released, existing members would be able to upgrade free of charge so long as they'd been a member for at least six months.

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A U.S. senator introduced a bill on Friday that would direct the Commerce Department to require location verification mechanisms for export-controlled AI chips, in an effort to curb China's access to advanced semiconductor technology. From a report: Called the "Chip Security Act," the bill calls for AI chips under export regulations, and products containing those chips, to be fitted with location-tracking systems to help detect diversion, smuggling or other unauthorized use of the product. "With these enhanced security measures, we can continue to expand access to U.S. technology without compromising our national security," Republican Senator Tom Cotton of Arkansas said. The bill also calls for companies exporting the AI chips to report to the Bureau of Industry and Security if their products have been diverted away from their intended location or subject to tampering attempts.

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Software firm 37signals is completing its migration from AWS to on-premises infrastructure, expecting to save $1.3 million annually on storage costs alone. CTO David Heinemeier Hansson announced the company has begun migrating 18 petabytes of data from Amazon S3 to Pure Storage arrays costing $1.5 million upfront but only $200,000 yearly to operate. AWS waived $250,000 in data egress fees for the transition, which will allow 37signals to completely delete its AWS account this summer. The company has already slashed $2 million in annual costs after replacing cloud compute with $700,000 worth of Dell servers in 2024. "Cloud can be a good choice in certain circumstances, but the industry pulled a fast one convincing everyone it's the only way," wrote Hansson, who began the repatriation effort in 2022 after discovering their annual AWS bill exceeded $3.2 million.

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A comprehensive analysis in Science Advances reveals that humans have explored less than 0.001% of the deep seafloor -- an area equivalent to merely one-tenth the size of Belgium. Oceanographer Katherine Bell and colleagues at the Ocean Discovery League compiled data from approximately 44,000 deep-sea dives conducted between 1958 and 2024, finding that expeditions have concentrated overwhelmingly around waters near the United States, Japan, and New Zealand. The study exposes significant gaps in ocean exploration, with vast regions -- particularly the Indian Ocean -- remaining virtually untouched by direct observation. Much of the existing dive data remains inaccessible to scientists, locked away by private companies.

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CrowdStrike, the cybersecurity firm that became a household name after causing a massive global IT outage last year, has announced it will cut 5% of its workforce in part due to "AI efficiency." From a report: In a note to staff earlier this week, released in stock market filings in the US, CrowdStrike's chief executive, George Kurtz, announced that 500 positions, or 5% of its workforce, would be cut globally, citing AI efficiencies created in the business. "We're operating in a market and technology inflection point, with AI reshaping every industry, accelerating threats, and evolving customer needs," he said. Kurtz said AI "flattens our hiring curve, and helps us innovate from idea to product faster," adding it "drives efficiencies across both the front and back office. AI is a force multiplier throughout the business," he said. Other reasons for the cuts included market demand for sustained growth and expanding the product offering.

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An anonymous reader shares a report: Panasonic will undertake a major restructuring across a range of its business, including consumer electronics, cutting 10,000 jobs globally, as the Japanese company plans to streamline, spinning out struggling divisions in hopes of reversing its dwindling market share and fending off fierce Chinese competition. Panasonic did not say which businesses it intended to shrink. The company expects to book structural reform costs of roughly $900 million this business year. Panasonic ended the fiscal year

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An anonymous reader shares a report: Major tech companies lobbying to salvage a tax deduction for research and development are warning they may pull back from high-profile pledges of new US investments if Congress doesn't fully reinstate the break. Big tech companies have pledged more than $1.6 trillion in investments in the US since Donald Trump took office, promising to build factories and data centers in alignment with Trump's push to build in America. But industry representatives are signaling those promises will be imperiled if Congress doesn't fully reinstate the R&D tax deduction, which was pared back to help offset the massive cost of President Donald Trump's 2017 bill. At the time, it was estimated that limiting the provision would temporarily raise about $120 billion from 2018 to 2027. "A lot of those announcements are predicated on an expectation the administration and Congress will partner together on reinstating those R&D provisions," said Jason Oxman, president of the Information Technology Industry Council, a trade group that includes among its members Amazon, Apple, Anthropic, Alphabet, and IBM. Lobbyists representing tech companies that announced US investments have made similar claims to congressional aides and lawmakers, according to people familiar with the conversations.

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The specialized role of prompt engineering, not long ago heralded as a promising new career path in AI, has virtually disappeared just two years after its emergence. Many companies are now considering strong AI prompting a standard skill rather than a dedicated position, Fast Company reports, with some firms even deploying AI systems to generate optimal prompts for other AI tools. "AI is already eating its own," Malcolm Frank, CEO of TalentGenius, told the publication. "Prompt engineering has become something that's embedded in almost every role, and people know how to do it. It's turned from a job into a task very, very quickly." The prompt engineer's decline serves as a case study for the broader AI job market, where evidence suggests AI is primarily reshaping existing careers rather than creating entirely new ones. Further reading: 'AI Prompt Engineering Is Dead.'

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Nvidia founder and CEO Jensen Huang has served up another blunt take on the job market as AI permeates society. From a report: "You will not lose your job to AI, but will lose it to someone who uses it," Huang said at the Milken Institute Conference. Added Huang, "I recommend 100% take advantage of AI, don't be that person."

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Researchers are sounding alarms about the proliferation of AI-generated content -- dubbed "slop" -- that may be overwhelming the internet's human-created material. Fil Menczer, distinguished professor of informatics at Indiana University, who has studied social bots since the early 2010s, is now expressing serious concern about generative AI's impact. "Am I worried? Yes, I'm very worried," he told Bloomberg. Another research from Georgetown University found over 100 Facebook pages with millions of followers using AI-generated images for scams. According to Tollbit, a company that helps publishers get compensated when their sites are scraped, web scraping volume doubled from Q3 to Q4 2024, causing significant strain on sites like Wikipedia during high-traffic events. The situation creates a dangerous feedback loop where AI content is generated to please AI recommendation systems, potentially marginalizing human creators. Jeff Allen of the Integrity Institute told Bloomberg this resembles "the algae bloom that can blow up and suffocate the life you would want to have in a healthy ecosystem."

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Instagram's AI chatbots are masquerading as licensed therapists, complete with fabricated credentials and license numbers, according to an investigation by 404 Media. When questioned, these user-created bots from Meta's AI Studio platform provide detailed but entirely fictional qualifications, including nonexistent license numbers, accreditations, and practice information. Unlike Character.AI, which displays clear disclaimers that its therapy bots aren't real professionals, Meta's chatbots feature only a generic notice stating "Messages are generated by AI and may be inaccurate or inappropriate" at the bottom of conversations.

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Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud, a dramatic fall for the leader of a company once hailed as the "bank" of the crypto industry. From a report: Standing before U.S. District Judge John G. Koeltl in Manhattan's Southern District, Mashinsky faced the consequences of what prosecutors described as a sweeping scheme to defraud investors. In December he pleaded guilty to commodities fraud and a scheme to manipulate the Celsius token. His sentencing took place in courtroom 14A at 500 Pearl Street -- a venue that has seen several crypto executives-turned-felons. Mashinsky's legal troubles began in 2023 when he was arrested on charges of securities, commodities, and wire fraud, just as Celsius reached a $4.7 billion settlement with the Federal Trade Commission -- one of the largest in the FTC's history.

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Alibaba Group researchers have developed "ZeroSearch," a technique that enables large language models to acquire search capabilities without using external search engines during training. The approach transforms LLMs into retrieval modules through supervised fine-tuning and employs a "curriculum-based rollout strategy" that gradually degrades generated document quality. In tests across seven question-answering datasets, ZeroSearch matched or exceeded the performance [PDF] of models trained with real search engines. A 7B-parameter retrieval module achieved results comparable to Google Search, while a 14B-parameter version outperformed it. The cost savings are substantial: training with 64,000 search queries using Google Search via SerpAPI would cost approximately $586.70, compared to just $70.80 using a 14B-parameter simulation LLM on four A100 GPUs -- an 88% reduction. The technique works with multiple model families including Qwen-2.5 and LLaMA-3.2. Researchers have released their code, datasets, and pre-trained models on GitHub and Hugging Face, potentially lowering barriers to entry for smaller AI companies developing sophisticated assistants.

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President Trump on Thursday attacked a law signed by President Joe Biden aimed at expanding high-speed internet access, calling the effort "racist" and "totally unconstitutional" and threatening to end it "immediately." The New York TimesL: Mr. Trump's statement was one of the starkest examples yet of his slash-and-burn approach to dismantling the legacy of his immediate predecessor in this term in office. The Digital Equity Act, a little-known effort to improve high-speed internet access in communities with poor access, was tucked into the $1 trillion bipartisan infrastructure bill that Mr. Biden signed into law early in his presidency. The act was written to help many different groups, including veterans, older people and disabled and rural communities. But Mr. Trump, using the incendiary language that has been a trademark of his political career, denounced the law on Thursday for also seeking to improve internet access for ethnic and racial minorities, raging in a social media post that it amounted to providing "woke handouts based on race."

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Apple asked a judge to halt an order forcing it to give up control over App Store payments while it appeals the decision. From a report: In a filing on Wednesday, Apple says the order contains "extraordinary intrusions" that could result in "grave irreparable harm" to the company. Last week, California District Court Judge Yvonne Gonzalez Rogers found that Apple was in "willful violation" of a 2021 injunction issued as part of the Epic Games v. Apple case. As a result, the judge ordered Apple to stop collecting an up to 27 percent commission on purchases made outside the App Store, and said the company can no longer restrict how developers point users toward external purchases.

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Switzerland will hold a national referendum on the introduction of electronic identity cards after opponents of the legislation secured enough signatures to force a public vote. The Federal Chancellery confirmed Wednesday that 55,344 valid signatures were submitted against the Federal Act on Electronic Identity passed last December. The proposed e-ID would enable citizens to apply online for criminal record extracts, driving licenses, and age verification when purchasing alcohol. This marks the second referendum on e-ID implementation, after voters rejected a previous version in 2021. The government has revised its approach, making the new system free, optional, and fully state-operated rather than privately managed. If approved, the e-ID would come into force no earlier than 2026, though the collection effort suggests privacy concerns remain paramount for many Swiss voters.

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Meta CEO Mark Zuckerberg is aggressively promoting a future where AI becomes the dominant form of social interaction, claiming that AI friends, therapists, and business agents will soon outnumber human relationships. During a recent media blitz across multiple podcasts and a Stripe conference appearance, Zuckerberg cited statistics suggesting "the average American has fewer than three friends" while claiming people desire "meaningfully more, like 15 friends" -- positioning AI companions as the solution to this gap. The Meta founder's vision extends beyond casual interaction to therapeutic and commercial relationships, with personalized AI that "has a deep understanding of what's going on in this person's life." Meta has already deployed its AI across Instagram, Facebook, and Ray-Ban smart glasses, reaching nearly a billion monthly users.

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Google has pushed back against Apple executive Eddy Cue's testimony that Safari searches declined last month, asserting it continues "to see overall query growth in Search" with "an increase in total queries coming from Apple's devices and platforms." The statement comes as Apple's Senior VP revealed under oath that the company is "actively looking at" revamping Safari to focus on AI-powered search engines, potentially threatening the estimated $20 billion-a-year deal making Google the default search provider on Apple devices. Cue testified that AI search providers including OpenAI, Perplexity, and Anthropic will "eventually replace standard search engines." Google, in its response, pointed to ongoing enhancements to its search product, noting users are "accessing it for new things and in new ways, whether from browsers or the Google app, using their voice or Google Lens."

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