Nvidia CEO Jensen Huang says IT departments will evolve into human resources managers for AI agents, as companies adopt AI tools across their operations. "In a lot of ways, the IT department of every company is going to be the HR department of AI agents in the future," Huang told the Consumer Electronics Show in Las Vegas this week. From a report: He believes that in the not so near future IT teams will be tasked with onboarding these agents and ensuring they're kept in line, similarly to how HR teams manage employees. They may need to be trained to use certain vocabulary that's unique to the company, or be given examples of the kind of product the team is looking to develop, or briefed on company culture policies. Instead of just fixing servers and resetting passwords, IT professionals will soon be supervising fleets of digital workers.

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AI is coming for your job: 41% of employers intend to downsize their workforce as AI automates certain tasks, a World Economic Forum survey showed Wednesday. From a report: Out of hundreds of large companies surveyed around the world, 77% also said they were planning to reskill and upskill their existing workers between 2025-2030 to better work alongside AI, according to findings published in the WEF's Future of Jobs Report. But, unlike the previous, 2023 edition, this year's report did not say that most technologies, including AI, were expected to be "a net positive" for job numbers. "Advances in AI and renewable energy are reshaping the (labor) market -- driving an increase in demand for many technology or specialist roles while driving a decline for others, such as graphic designers," the WEF said in a press release ahead of its annual meeting in Davos later this month. Writing in the wide-ranging report, Saadia Zahidi, the forum's managing director, highlighted the role of generative AI in reshaping industries and tasks across all sectors. The technology can create original text, images and other content in response to prompts from users.

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BrianFagioli writes: The Linux Foundation has announced the launch of 'Supporters of Chromium-Based Browsers,' an initiative aimed at funding and supporting open development within the Chromium ecosystem. The purpose of this effort is to provide resources and foster collaboration among developers, academia, and tech companies to drive the sustainability and innovation of Chromium projects. Major industry players, including Google, Meta, Microsoft, and Opera, have pledged their support.

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MicroStrategy's bitcoin holdings and a tech investment fund are commanding extraordinary premiums in U.S. markets, highlighting unusual price anomalies reminiscent of past market distortions. MicroStrategy shares are trading at more than double the market value of their main asset -- bitcoin holdings -- while closed-end fund Destiny Tech100 recently traded at 11 times its net asset value, down from 21 times earlier in 2024. Similar market irregularities have emerged throughout history. In 1923, investor Benjamin Graham profited from a disconnect between DuPont and General Motors shares. During the 1929 bull market, closed-end fund Capital Administration Co. traded at a 1,235% premium to its net asset value. WSJ adds: The PalmPilot during the 1990s and early 2000s was a hand-held device and personal assistant that came with a touch-screen display and a stylus. Palm was the biggest maker of hand-held computer devices, with 70% market share, and it held its initial public offering in March 2000, about a week before the Nasdaq Composite Index's peak during the dot-com bubble. Palm's shares jumped 150% on their first day of trading, giving Palm a stock-market value of about $53 billion. Palm was still 94%-owned by parent 3Com at the time. Yet on Palm's first day of trading, 3Com's shares fell 21%. The funny part: According to the stock market, 3Com was worth about $23 billion less than the value of the Palm shares that 3Com owned. This made no sense, yet the valuations remained out of whack for months. In time, both stocks came down to earth, sanity prevailed and the world eventually moved on to smartphones.

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Engineering and construction group Larsen & Toubro Chairman S.N. Subrahmanyan has urged employees in India to work 90 hours weekly, including Sundays, surpassing Infosys founder N.R. Narayana Murthy's recent 70-hour workweek proposal. "What do you do sitting at home? Go to the office and start working," Subrahmanyan said in a leaked internal video. He cited a conversation about Chinese workers' 90-hour weeks versus Americans' 50 hours to justify the stance.

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Microsoft kicks off the new year with more job cuts, as fewer than 1% of employees reportedly face the axe. From a report: As first reported by Business Insider, Microsoft is trimming its workforce again, including roles in its security division, with the cuts targeting underperforming employees. A Microsoft spokesperson confirmed the layoffs with BI but declined to specify how many staffers are affected, stating, "At Microsoft, we focus on high-performance talent." "We are always working on helping people learn and grow. When people are not performing, we take the appropriate action," the spokesperson told The Register.

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U.S. software giant Ivanti has warned that a zero-day vulnerability in its widely-used enterprise VPN appliance has been exploited to compromise the networks of its corporate customers. From a report: Ivanti said on Wednesday that the critical-rated vulnerability, tracked as CVE-2025-0282, can be exploited without any authentication to remotely plant malicious code on Ivanti's Connect Secure, Policy Secure, and ZTA Gateways products. Ivanti says its Connect Secure remote-access VPN solution is "the most widely adopted SSL VPN by organizations of every size, across every major industry." This is the latest exploited security vulnerability to target Ivanti's products in recent years. Last year, the technology maker pledged to overhaul its security processes after hackers targeted vulnerabilities in several of its products to launch mass-hacks against its customers. The company said it became aware of the latest vulnerability after its Ivanti Integrity Checker Tool (ICT) flagged malicious activity on some customer appliances.

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Unprecedented January wildfires in Los Angeles signal an emerging pattern of compound climate disasters, as record-breaking Santa Ana winds up to 100 mph combine with the driest start to a winter season in the city's history. The Palisades and Eaton fires have each burned over 10,000 acres amid drought conditions that climate scientists say are intensified by global warming. The blazes, occurring weeks earlier than historical fire patterns, come just 16 months after Los Angeles experienced its first tropical storm, illustrating what experts describe as increasingly unpredictable weather extremes driven by climate change.

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VLC media player, the popular open-source software developed by nonprofit VideoLAN, has topped 6 billion downloads worldwide and teased an AI-powered subtitle system. From a report: The new feature automatically generates real-time subtitles -- which can then also be translated in many languages -- for any video using open-source AI models that run locally on users' devices, eliminating the need for internet connectivity or cloud services, VideoLAN demoed at CES.

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Indonesia will continue to block iPhone 16 sales despite Apple's planned $1 billion AirTag factory investment, as the facility does not meet local content requirements for smartphones, Industry Minister Agus Gumiwang Kartasasmita said on Wednesday. Indonesia banned iPhone 16 sales last year after Apple failed to meet rules requiring 35% locally-made components in smartphones sold domestically.

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An anonymous reader shares a report: As music sales and streaming revenue reaches a high of $3 billion -- the highest since 2001, not accounting for significant inflation -- the UK video game market, which has grown almost continually for decades, has shrunk by 4.4%. The most significant decline was in boxed video game sales, down 35%. Data from Digital Entertainment and Retail Association (ERA) puts the total worth of the UK video game market in 2024 at $5.7 billion, double the music market and behind TV and movies at $6.2 billion. The numbers show a shift in players' purchasing habits that has been ongoing for years, from physical games to digital downloads and in-game purchases in popular, established games such as Fortnite and Roblox. Boxed games now account for 27.7% of new game sales in the UK, according to ERA data.

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Microsoft will begin enforcing storage limits on unlicensed OneDrive accounts from January 27, 2025, ending a loophole that allowed organizations to retain departed employees' data without cost. Data from accounts unlicensed for over 93 days will move to recycle bins for another 93 days before permanent deletion, unless under retention policies. Archived data retrieval will cost $0.60 per gigabyte plus $0.05 monthly per gigabyte. Organizations must either retrieve data, add licenses, or risk losing access, Microsoft has warned.

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The Japanese government published an alert on Wednesday accusing a Chinese hacking group of targeting and breaching dozens of government organizations, companies, and individuals in the country since 2019. From a report: Japan's National Police Agency and the National Center of Incident Readiness and Strategy for Cybersecurity attributed the years-long hacking spree to a group called MirrorFace. "The MirrorFace attack campaign is an organized cyber attack suspected to be linked to China, with the primary objective of stealing information related to Japan's national security and advanced technology," the authorities wrote in the alert, according to a machine translation. A longer version of the alert said the targets included Japan's Foreign and Defense ministries, the country's space agency, as well as politicians, journalists, private companies and tech think tanks, according to the Associated Press. In July 2024 Japan's Computer Emergency Response Team Coordination Center (JPCERT/CC) wrote in a blog post that MirrorFace's "targets were initially media, political organisations, think tanks and universities, but it has shifted to manufacturers and research institutions since 2023."

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An anonymous reader shares a report: The six biggest banks in the US have all quit the global banking industry's net zero target-setting group, with the imminent inauguration of Donald Trump as president expected to bring political backlash against climate action. JP Morgan is the latest to withdraw from the UN-sponsored net zero banking alliance (NZBA), following Citigroup, Bank of America, Morgan Stanley, Wells Fargo and Goldman Sachs. All six have left since the start of December. Analysts have said the withdrawals are an attempt to head off "anti-woke" attacks from rightwing US politicians, which are expected to escalate when Trump is sworn in as the country's 47th president in just under a fortnight. Trump's vows to deregulate the energy sector, dismantle environmental rules and "drill, baby, drill," were a big part of his campaign platform and are expected to form a key part of his blueprint for governing the US, the world's biggest oil and gas producer.

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Former MoviePass CEO Theodore Farnsworth has pleaded guilty to securities fraud and conspiracy charges for misleading investors about the movie subscription service's "unlimited plan" and its parent company's capabilities, U.S. prosecutors said. Farnsworth falsely claimed the $9.95 monthly unlimited movie plan was sustainable and that Helios & Matheson Analytics could monetize subscriber data through artificial intelligence, knowing both statements were untrue. He faces up to 20 years in prison for MoviePass-related fraud and five years for a separate conspiracy charge involving Vinco Ventures.

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Nvidia's AI chips are advancing faster than Moore's Law, the semiconductor industry's historical performance benchmark, according to chief executive Jensen Huang. "Our systems are progressing way faster than Moore's Law," Huang told TechCrunch. Nvidia's chips have improved thousand-fold over the past decade, outpacing Moore's Law's prediction of doubled transistor density every year, Huang said. He adds: We can build the architecture, the chip, the system, the libraries, and the algorithms all at the same time. If you do that, then you can move faster than Moore's Law, because you can innovate across the entire stack. [...] Moore's Law was so important in the history of computing because it drove down computing costs. The same thing is going to happen with inference where we drive up the performance, and as a result, the cost of inference is going to be less.

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Nvidia founder and chief executive Jensen Huang believes "very useful" quantum computers are likely decades away, tempering expectations for the emerging technology. "If you kind of said 15 years for very useful quantum computers, that would probably be on the early side. If you said 30, it's probably on the late side," Huang said during Nvidia's analyst day. "If you picked 20, I think a whole bunch of us would believe it."

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An anonymous reader shares a report: Akamai has decided to end its content delivery network services in China, but not because it's finding it hard to do business in the Middle Kingdom. News of Akamai's decision to end CDN services in China emerged in a letter it recently published and sent to customers and partners that opens by reminding them the company has a "commitment to providing world-class delivery and security solutions" -- and must therefore inform them that "Effective June 30, 2026, all China CDN services will reach their decommission date." Customers are offered a choice: do nothing and then be moved to an Akamai CDN located outside China, or use similar services from Chinese companies Tencent Cloud and Wangsu Science & Technology.

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Thailand has banned plastic waste imports over concerns about toxic pollution, as experts warn that failure to agree a global treaty to cut plastic waste will harm human health. From a report: A law banning imports of plastic waste came into force this month in Thailand, after years of campaigning by activists. Thailand is one of several south-east Asian countries that has historically been paid to receive plastic waste from developed nations. The country became a leading destination for exports of plastic waste from Europe, the US, the UK and Japan in 2018 after China, the world's biggest market for household waste, imposed a ban. Japan is one of the biggest exporters of waste plastic to Thailand, with about 50m kg exported in 2023. Thai customs officials said more than 1.1m tonnes of plastic scraps were imported between 2018 and 2021. Imports of plastic were often mismanaged in Thailand, with many factories burning the waste rather than recycling it, leading to damage to human health and the environment.

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Hackers claim to have compromised Gravy Analytics, the parent company of Venntel which has sold masses of smartphone location data to the U.S. government. 404 Media: The hackers said they have stolen a massive amount of data, including customer lists, information on the broader industry, and even location data harvested from smartphones which show peoples' precise movements, and they are threatening to publish the data publicly. The news is a crystalizing moment for the location data industry. For years, companies have harvested location information from smartphones, either through ordinary apps or the advertising ecosystem, and then built products based on that data or sold it to others. In many cases, those customers include the U.S. government, with arms of the military, DHS, the IRS, and FBI using it for various purposes. But collecting that data presents an attractive target to hackers.

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