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Mexico Unveils Plans To Build Most Powerful Supercomputer In Latin America

An anonymous reader quotes a report from the Associated Press: Mexico unveiled plans Wednesday to build what it claims will be Latin America's most powerful supercomputer -- a project the government says will help the country capitalize on the rapidly evolving uses of artificial intelligence and exponentially expand the country's computing capacity. Dubbed "Coatlicue" for the Mexica goddess considered the earth mother, the supercomputer would be seven times more powerful than the region's current leader in Brazil, Jose Merino, head of the Telecommunications and Digital Transformation Agency. President Claudia Sheinbaum said during her morning news briefing that the location for the project had not been decided yet, but construction will begin next year. "We're very excited," said Sheinbaum, an academic and climate scientist. "It is going to allow Mexico to fully get in on the use of artificial intelligence and the processing of data that today we don't have the capacity to do." Merino said that Mexico's most powerful supercomputer operates at 2.3 petaflops -- a unit to measure computing speed, meaning it can perform one quadrillion operations per second. Coatlicue would have a capacity of 314 petaflops.

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Amazon Faces FAA Probe After Delivery Drone Snaps Internet Cable In Texas

Amazon's drone-delivery program is under federal scrutiny after an MK30 aircraft clipped an internet cable in Texas. CNBC reports: The incident occurred on Nov. 18 around 12:45 p.m. Central in Waco, Texas. After dropping off a package, one of Amazon's MK30 drones was ascending out of a customer's yard when one of its six propellers got tangled in a nearby internet cable, according to a video of the incident viewed and verified by CNBC. The video shows the Amazon drone shearing the wire line. The drone's motor then appeared to shut off and the aircraft landed itself, with its propellers windmilling slightly on the way down, the video shows. The drone appeared to remain in tact beyond some damage to one of its propellers. The Federal Aviation Administration is investigating the incident, a spokesperson confirmed. The National Transportation Safety Board said the agency is aware of the incident but has not opened a probe into the matter. Amazon confirmed the incident to CNBC, saying that after clipping the internet cable, the drone performed a "safe contingent landing," referring to the process that allows its drones to land safely in unexpected conditions. "There were no injuries or widespread internet service outages. We've paid for the cable line's repair for the customer and have apologized for the inconvenience this caused them," an Amazon spokesperson told CNBC, noting that the drone had completed its package delivery.

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Greek Cybercrime Unit Shuts Down IPTV Pirates, 68 End Users Face Fines

Greek authorities shut down an IPTV piracy operation on Santorini, arresting a reseller and referring 68 end users for prosecution. TorrentFreak reports: A new legal framework to tackle online infringement in Greece went live just a couple of months ago, and reports of prosecutions are already coming in. Early September, it was reported that a man from Sparta faces prosecution and a fine of up to 6,000 euros for two IPTV piracy offenses. The suspect, reportedly a cafe owner, was targeted at his workplace on a Saturday, allegedly in front of customers. One told local media that they believed that complaints of the cafe engaging in "unfair competition" preceded the untimely visit. The Cybercrime Prosecution Directorate launched their operation in the early hours of November 19. The Athens-based unit targeted a network that sold illicit access to premium pay-TV via IPTV subscriptions. The raid, conducted on Santorini, one of the Cyclades islands, resulted in the arrest of a 48-year-old, who, from police reports, appears to be a reseller for a larger network. Customers were reportedly charged 50 euros for 3 months subscription or 100 euros for 6 months. Sales and management were handled by the 48-year-old via an online platform known as a 'panel,' while remote and in-person support were available as part of the service. The impact of the raid was visible on the islands, locals said. According to a local report, hundreds of users in hotels, cafes, and residences on Santorini and beyond, found themselves suddenly without access to cheap TV. Apparently few areas were untouched by the disruption, such was local reliance on illegal streams.

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Google's AirDrop Support For Pixel 10 Likely Exists Because of EU's Apple Ruling

Last week, Google surprised the tech world when it announced AirDrop support on Pixel 10 devices -- all without Apple's involvement. "While it initially seemed like this was a rogue move made by Google to coerce Apple into another boundary-breaking decision, it might actually be part of the repercussions that also led to USB-C on iPhone and the adoption of RCS," reports 9to5Google. From a report: As reported by Ars Technica, the answer to this week's mysterious Quick Share upgrade lies in the EU's interoperability requirements designed for the DMA. The ruling out of the European Commission pushed Apple to begin supporting interoperable wireless standards beginning with this year's set of OS upgrades, replacing the previous proprietary standard the company used to power its various Continuity features. That forced Apple to add support for the Wi-Fi Alliance's Wi-Fi Aware standard of multi-directional file sharing, at the cost of completely phasing out its previous walled-in protocol.

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OpenAI Says Dead Teen Violated TOS When He Used ChatGPT To Plan Suicide

An anonymous reader quotes a report from Ars Technica: Facing five lawsuits alleging wrongful deaths, OpenAI lobbed its first defense Tuesday, denying in a court filing that ChatGPT caused a teen's suicide and instead arguing the teen violated terms that prohibit discussing suicide or self-harm with the chatbot. The earliest look at OpenAI's strategy to overcome the string of lawsuits came in a case where parents of 16-year-old Adam Raine accused OpenAI of relaxing safety guardrails that allowed ChatGPT to become the teen's "suicide coach." OpenAI deliberately designed the version their son used, ChatGPT 4o, to encourage and validate his suicidal ideation in its quest to build the world's most engaging chatbot, parents argued. But in a blog, OpenAI claimed that parents selectively chose disturbing chat logs while supposedly ignoring "the full picture" revealed by the teen's chat history. Digging through the logs, OpenAI claimed the teen told ChatGPT that he'd begun experiencing suicidal ideation at age 11, long before he used the chatbot. "A full reading of his chat history shows that his death, while devastating, was not caused by ChatGPT," OpenAI's filing argued. [...] All the logs that OpenAI referenced in its filing are sealed, making it impossible to verify the broader context the AI firm claims the logs provide. In its blog, OpenAI said it was limiting the amount of "sensitive evidence" made available to the public, due to its intention to handle mental health-related cases with "care, transparency, and respect." The Raine family's lead lawyer called OpenAI's response "disturbing." "They abjectly ignore all of the damning facts we have put forward: how GPT-4o was rushed to market without full testing. That OpenAI twice changed its Model Spec to require ChatGPT to engage in self-harm discussions. That ChatGPT counseled Adam away from telling his parents about his suicidal ideation and actively helped him plan a 'beautiful suicide.' And OpenAI and Sam Altman have no explanation for the last hours of Adam's life, when ChatGPT gave him a pep talk and then offered to write a suicide note." OpenAI is leaning on its usage policies to defend against this case, emphasizing that "ChatGPT users acknowledge their use of ChatGPT is 'at your sole risk'" and that Raine should never have been allowed to use the chatbot without parental consent.

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Newegg Sparks Debate With New PayPal-Integrated AI Shopping Push

BrianFagioli writes: Newegg's new partnership with PayPal is another sign that mainstream e-commerce is shifting control from users to AI-driven intermediaries. Instead of shoppers visiting Newegg directly, PayPal's agentic commerce system pushes product discovery through AI platforms like Perplexity where recommendations, checkout, and fraud checks all happen inside someone else's controlled environment. Newegg stays the merchant of record, but the real influence shifts to the platforms that decide which products their AI agents mention. That may sound convenient, but it also means discovery becomes guided by training data and commercial integrations rather than user intent. Slashdot readers will likely notice the other issue. This setup puts PayPal deeper into the shopping pipeline at a time when many users already avoid the company over account freezes and dispute policies. An AI-mediated shopping experience where PayPal becomes the silent gatekeeper by default is not going to sit well with everyone. And with AI agents shaping purchasing decisions based on behavior and context, the concept of intent-driven shopping starts to look a lot like quiet nudging rather than empowerment. Newegg may see this as the future, but the community will probably ask whether users truly want AI systems and PayPal deciding how they shop.

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European Lawmakers Seek EU-Wide Minimum Age To Access AI Chatbots, Social Media

The European Parliament has passed a non-binding resolution urging an EU-wide minimum age of 16 to access social media, video-sharing platforms, and AI chatbots, with parental consent allowed for ages 13-16 and a hard ban for anyone under 13. "It also proposes additional measures, including a ban on addictive design features that keep children hooked to screens and manipulative advertising and gambling-like elements," reports Reuters. Furthermore, the draft "calls for the outright blocking of websites that don't follow EU rules and to address AI tools that can create fake or inappropriate content." The resolution "carries no legal weight" but reflects the growing concern on the issue of AI companions and algorithm-driven platforms even. "Any binding legislation would require formal proposals from the European Commission, followed by negotiations between EU member states and Parliament in a process that typically takes years to complete," notes the report.

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More Than Half of New Articles On the Internet Are Being Written By AI

An anonymous reader quotes a report from the Conversation: The line between human and machine authorship is blurring, particularly as it's become increasingly difficult to tell whether something was written by a person or AI. Now, in what may seem like a tipping point, the digital marketing firm Graphite recently published a study showing that more than 50% of articles on the web are being generated by artificial intelligence. [...] It's important to clarify what's meant by "online content," the phrase used in the Graphite study, which analyzed over 65,000 randomly selected articles of at least 100 words on the web. These can include anything from peer-reviewed research to promotional copy for miracle supplements. A closer reading of the Graphite study shows that the AI-generated articles consist largely of general-interest writing: news updates, how-to guides, lifestyle posts, reviews and product explainers. The primary economic purpose of this content is to persuade or inform, not to express originality or creativity. Put differently, AI appears to be most useful when the writing in question is low-stakes and formulaic: the weekend-in-Rome listicle, the standard cover letter, the text produced to market a business. A whole industry of writers -- mostly freelance, including many translators -- has relied on precisely this kind of work, producing blog posts, how-to material, search engine optimization text and social media copy. The rapid adoption of large language models has already displaced many of the gigs that once sustained them. The dramatic loss of this work points toward another issue raised by the Graphite study: the question of authenticity, not only in identifying who or what produced a text, but also in understanding the value that humans attach to creative activity. How can you distinguish a human-written article from a machine-generated one? And does that ability even matter? Over time, that distinction is likely to grow less significant, particularly as more writing emerges from interactions between humans and AI... "If you set aside the more apocalyptic scenarios and assume that AI will continue to advance -- perhaps at a slower pace than in the recent past -- it's quite possible that thoughtful, original, human-generated writing will become even more valuable," writes author Francesco Agnellini, in closing. "Put another way: The work of writers, journalists and intellectuals will not become superfluous simply because much of the web is no longer written by humans."

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Texas Buys $5 Million In BTC ETF As States Edge Toward First Government Crypto Reserves

Texas has purchased $5 million worth of BlackRock's bitcoin ETF as an initial step toward creating the first state-level bitcoin reserve in the U.S. "[O]ther states having previously invested in such funds with public-employee retirement money," notes CoinDesk. "Michigan has been building such an investment, and Wisconsin sold its $350 million pension-fund stake in the BlackRock ETF in May. From the report: A few weeks ago, Texas moved past its deadline to "capture the industry's best practices so it can utilize these practices in the implementation and management" of its bitcoin BTC reserve, according to its formal request for information issued in September. Entities across the industry provided input on how it could set up and manage the stockpile conceived of in the Texas Strategic Bitcoin Reserve and Investment Act. Last week, the state comptroller's office moved to secure $5 million in BlackRock's iShares Bitcoin Trust (IBIT) as a placeholder, a spokesman for the Texas Comptroller of Public Accounts told CoinDesk on Tuesday. It's an opening move as the state continues to work toward a contract with a custodian, he said, which will take place after it develops its formal request for proposal.

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Study Claims To Provide First Direct Evidence of Dark Matter

An anonymous reader quotes a report from the Guardian: Nearly a century ago, scientists proposed that a mysterious invisible substance they named dark matter clumped around galaxies and formed a cosmic web across the universe. What dark matter is made from, and whether it is even real, are still open questions, but according to a study, the first direct evidence of the substance may finally have been glimpsed. More work is needed to rule out less exotic explanations, but if true, the discovery would go down as a turning point in the decades-long search for the elusive substance that is said to make up 27% of the cosmos. "This could be a crucial breakthrough in unraveling the nature of dark matter," said Prof Tomonori Totani, an astrophysicist at the University of Tokyo, who said gamma rays emanating from the centre of the Milky Way appeared to bear the signature of the substance. [...] To search for potential dark matter signals, Totani analysed data from Nasa's Fermi Gamma-ray Space Telescope, which detects the most energetic photons in the electromagnetic spectrum. He spotted a pattern of gamma rays that appeared to match the shape of the dark matter halo that spreads out in a sphere from the heart of the galaxy. The signal "closely matches the properties of gamma-ray radiation predicted to be emitted by dark matter," Totani told the Guardian. Details are published in the Journal of Cosmology and Astroparticle Physics. If Totani has seen dark matter at work, the observations suggest it is made from elementary particles 500 times more massive than the proton. But far more work is needed to rule out other astrophysical processes and background emissions that could explain the signals. Totani said the "decisive factor" would be detecting gamma rays with the same spectrum from other regions of space, such as dwarf galaxies. According to Prof Justin Read, an astrophysicist at the University of Surrey, the lack of significant signals from such galaxies strongly argues against Totani having seen gamma rays emitted from dark matter particle annihilation. Prof Kinwah Wu, a theoretical astrophysicist at UCL, urged caution, saying: "I appreciate the author's hard work and dedication, but we need extraordinary evidence for an extraordinary claim," he said. "This analysis has not reached this status yet. It is a piece of work which serves as an encouragement for the workers in the field to keep on pressing."

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China Launches An Emergency Lifeboat To Bring Three Astronauts Back To Earth

China launched an uncrewed Shenzhou 22 spacecraft to serve as an emergency lifeboat for three astronauts aboard the Tiangong space station after a docked return craft was found to have a cracked window likely caused by space debris. "A Long March 2F rocket fired its engines and lifted off with the Shenzhou 22 spacecraft, carrying cargo instead of a crew, at 11:11 pm EST Monday (04:11 UTC Tuesday)," reports Ars Technica. "The spacecraft docked with the Tiangong station nearly 250 miles (400 kilometers) above the Earth about three-and-a-half hours later." From the report: Chinese engineers worked fast to move up the launch of the Shenzhou 22, originally set to fly next year. On November 4, astronauts discovered one of the two crew ferry ships docked to the Tiangong station had a damaged window, likely from an impact with a small fragment of space junk. [...] Now, 20 days after the saga began, the Tiangong outpost again has a lifeboat for its long-term residents. Astronauts Zhang Lu, Fu Wei, and Zhang Hongzhang will return to Earth on the Shenzhou 22 spacecraft next year, soon after the arrival of their three replacements. The Tiangong astronauts will head outside the station on a spacewalk to inspect the damaged window on Shenzhou 20. Eventually, Shenzhou 20 will depart Tiangong and reenter the atmosphere with cargo. Assuming a smooth landing, Chinese engineers will have an opportunity to get a closer look at the damage on the ground to inform the design of future spacecraft. A preliminary assessment of the window indicates the crack is in the outermost layer of heat-insulating glass in Shenzhou 20's porthole window, according to Chinese state media. Engineers on the ground conducted simulations and wind tunnel ablation tests to determine whether the window might fail during reentry. "The results showed that the cracks would still propagate further," reported CCTV, China's government-run television network. "We held review meeting, and everyone agreed that ensuring the safe return of the astronauts was too risky with the glass damaged," Zhou said. While this crew is just one month into their planned six-month expedition, an emergency could force them to leave the station and return home at any time. Although remote, another collision with space junk, a major systems failure, or a medical emergency involving one of the astronauts could trigger an evacuation. That's why Chinese officials wanted to quickly launch Shenzhou 22 to give the crew a ticket home.The International Space Station follows the same policy, with SpaceX's Dragon spacecraft and Russian Soyuz ships serving as lifeboats until their crews' scheduled return to Earth.

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Britain Plots Atomic Reboot As Datacenter Demand Surges

The UK is seeking to fast-track new atomic development to meet soaring energy demands driven by AI and electrification. According to a new report published by the government's Nuclear Regulatory Taskforce, excessive regulation has made Britain the most expensive place in the world to build nuclear projects. The report is calling for a sweeping overhaul to accelerate reactor construction -- everything from "streamlining regulation" to relaxing environmental and safety constraints. The Register reports: The document outlines 47 recommendations for the government, which come under five general areas: providing clearer leadership and direction for the nuclear sector; simplifying the regulatory approval process for atomic projects; reducing risk aversion; addressing incentives to delay progress; and working with the nuclear sector to speed delivery and boost innovation. Among the recommendations is that a Commission for Nuclear Regulation should be established, becoming a "unified decision maker" across all other regulators, planners, and approval bodies. The report also talks of reforming environmental and planning regimes to speed approvals, echoing the government's earlier decisions to streamline the planning process to make it easier for datacenter projects to get built. It recommends amending the cost cap for judicial reviews and limiting legal challenges to Nationally Strategic Infrastructure Projects (NSIPs), while indemnifying nuclear developers against any damages they might incur as a result of proceeding with their project while a judicial review is still being decided. Another recommendation that may be cause for concern is that the government should modify the Habitats Regulations to reduce costs. These are rules created to protect the most important and vulnerable natural sites and wildlife species across the UK. The report also states that radiation limits for workers are overly conservative and well below what could be appropriately considered "broadly acceptable," claiming that they are many times less than what the average person in the UK normally receives in a year.

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Plex Is Now Enforcing Remote Play Restrictions On TVs

Plex is beginning to enforce new restrictions on remote streaming for its TV apps, requiring either a Plex Pass or the cheaper Remote Watch Pass to watch media from servers outside your home network. How-To Geek reports: Plex is now rolling out the remote watch changes to its Roku TV app. This means that you will need a Plex Pass or Remote Watch Pass for your Plex account if you want to stream media from a server outside your home. If you're only watching media from your own server on the same local network as your Roku device, or the owner of the server you're streaming from has Plex Pass, you don't have to do anything. Plex says this change will come to the other TV apps in 2026, such as Fire TV, Apple TV, and Android TV. Presumably, that will happen when the redesigned app arrives on those platforms. Roku was just the first TV platform to get the new app, which caused a wave of complaints from users about removed functionality and a more clunky redesign. Plex is addressing some of those complaints with more updates, but adding another limitation at the same time isn't a great look. The Remote Watch Pass costs $2 per month or $20 per year, but there's no lifetime purchase option. You can also use a Plex Pass, which normally costs $7 per month, $70 per year, or $250 for a lifetime license. However, there's currently a 40% off sale for Plex Pass subscriptions.

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HP To Cut About 6,000 Jobs By 2028, Ramps Up AI Efforts

HP plans to cut 4,000-6,000 jobs by 2028 "as part of a plan to streamline operations and adopt artificial intelligence," reports Reuters. From the report: HP's teams focused on product development, internal operations and customer support will be impacted by the job cuts, CEO Enrique Lores said during a media briefing call. "We expect this initiative will create $1 billion in gross run rate savings over three years," Lores added. The company laid off an additional 1,000 to 2,000 employees in February, as part of a previously announced restructuring plan. Demand for AI-enabled PCs has continued to ramp externally, reaching over 30% of HP's shipments in the fourth quarter ended October 31.

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Warner Music Group Partners With Suno To Offer AI Likenesses of Its Artists

Warner Music Group has reached a licensing deal with Suno that will let users create AI-generated music using the voices and likenesses of artists who opt in. WMG says participating artists will have "full control" over how their likeness and music are used. "These will be new creation experiences from artists who do opt in, which will open up new revenue streams for them and allow you to interact with them in new ways," Suno says, adding that users will be able to "build around" an artist's sounds "and ensure they get compensated." WMG is also dropping its previous lawsuit accusing Suno of scraping copyrighted material. "Along with the licensing agreement, Suno is planning to use licensed music from WMG to build next-gen music generation models that it claims will surpass its flagship v5 model," adds The Verge. "It will also start requiring users to have a paid account to download songs starting next year, with each tier providing a specific number of downloads each month." Further reading: First 'AI Music Creator' Signed by Record Label. More Ahead, or Just a Copyright Quandry?

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Google Maps Will Let You Hide Your Identity When Writing Reviews

An anonymous reader quotes a report from PCMag: Four new features are coming to Google Maps, including a way to hide your identity in reviews. Maps will soon let you use a nickname and select an alternative profile picture for online reviews, so you can rate a business without linking it to full name and Google profile photo. Google says it will monitor for "suspicious and fake reviews," and every review is still associated with an account on Google's backend, which it believes will discourage bad actors. Look for a new option under Your Profile that says Use a custom name & picture for posting. You'll then be able to pick an illustration to represent you and add a nickname. Google didn't explain why it is introducing anonymous reviews; it pitched the idea as a way to be a business's "Secret Santa." Some users are nervous to publicly post reviews for local businesses as it may be used to track their location or movements. It may encourage more people to contribute honest feedback to its platform, for better or worse. Further reading: Gemini AI To Transform Google Maps Into a More Conversational Experience

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Poland Probes Apple Again Over App Tracking Transparency Rules

Poland has launched a new antitrust investigation into Apple's App Tracking Transparency rules, questioning whether Apple misled users about privacy while giving its own apps a competitive advantage over third-party developers. AppleInsider reports: On November 25, Poland's UOKiK has started another investigation into App Tracking Transparency, and whether Apple had restricted competition in mobile advertising. Reuters reports that, to the anti-monopoly regulator, ATT may have limited advertisers' ability to collect user data for advertising purposes while simultaneously favoring Apple's ad program. On November 25, Poland's UOKiK has started another investigation into App Tracking Transparency, and whether Apple had restricted competition in mobile advertising. Reuters reports that, to the anti-monopoly regulator, ATT may have limited advertisers' ability to collect user data for advertising purposes while simultaneously favoring Apple's ad program. This is not the first time that Poland has looked into ATT rules. In December 2021, the regulator held a similar probe following criticism from advertisers. It's not clear what that complaint determined, or if it is still ongoing. Regardless, in the new complaint, the logic is that Apple had a competitive advantage since its own apps were not subject to ATT rules, but third-party apps did have to deal with ATT. Since Apple didn't visibly ask for consent for its first-party apps in the same way, there is a presumption that Apple's rules only applied to other companies. This is despite Apple's repeated insistence that it doesn't use the same kinds of collected data in its own apps and services for marketing purposes, as well as its stance on privacy in general. In short, Apple apps don't use the data, so it doesn't pop up a dialog box asking the user if the app can use the data. There is also the argument that, in setting up an account with Apple, users are providing blanket consent to the company. Implementing ATT on its own apps would therefore be a waste of time, since that consent was already granted. Apple said that it will work with the regulator on the matter, but warned that it could force them to withdraw the feature "to the detriment of European consumers."

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'AI Can't Think'

In an essay published in The Verge, Benjamin Riley argues that today's AI boom is built on a fundamental misunderstanding: language modeling is not the same as intelligence. "The problem is that according to current neuroscience, human thinking is largely independent of human language -- and we have little reason to believe ever more sophisticated modeling of language will create a form of intelligence that meets or surpasses our own," writes Riley. Slashdot reader RossCWilliams shares the report, writing: The article goes on to point out that we use language to communicate. We use it to create metaphors to describe our reasoning. That people who have lost their language ability can still show reasoning. That human beings create knowledge when they become dissatisfied with the current metaphor. Einstein's theory of relativity was not based on scientific research. He developed it as thought experiment because he was dissatisfied with the existing metaphor. It quotes someone who said, "common sense is a collection of dead metaphors." And that AI, at best, can rearrange those dead metaphors in interesting ways. But it will never be dissatisfied with the data it has or an existing metaphor. A different critique (PDF) has pointed out that even as a language model AI is flawed by its reliance on the internet. The languages used on the internet are unrepresentative of the languages in the world. And other languages contain unique descriptions/metaphors that are not found on the internet. My metaphor for what was discussed was the descriptions of the kinds of snow that exist in Inuit languages that describe qualities nowhere found in European languages. If those metaphors aren't found on the internet, AI will never be able create them. This does not mean that AI isn't useful. But it is not remotely human intelligence. That is just a poor metaphor. We need a better one. Benjamin Riley is the founder of Cognitive Resonance, a new venture to improve understanding of human cognition and generative AI.

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US Banks Scramble To Assess Data Theft After Hackers Breach Financial Tech Firm

An anonymous reader quotes a report from TechCrunch: Several U.S. banking giants and mortgage lenders are reportedly scrambling to assess how much of their customers' data was stolen during a cyberattack on a New York financial technology company earlier this month. SitusAMC, which provides technology for over a thousand commercial and real estate financiers, confirmed in a statement over the weekend that it had identified a data breach on November 12. The company said that unspecified hackers had stolen corporate data associated with its banking customers' relationship with SitusAMC, as well as "accounting records and legal agreements" during the cyberattack. The statement added that the scope and nature of the cyberattack "remains under investigation." SitusAMC said that the incident is "now contained," and that its systems are operational. The company said that no encrypting malware was used, suggesting that the hackers were focused on exfiltrating data from the company's systems rather than causing destruction. According to Bloomberg and CNN, citing sources, SitusAMC sent data breach notifications to several financial giants, including JPMorgan Chase, Citigroup, and Morgan Stanley. SitusAMC also counts pension funds and state governments as customers, according to its website. It's unclear how much data was taken, or how many U.S. banking consumers may be affected by the breach. Companies like SitusAMC may not be widely known outside of the financial world, but provide the mechanisms and technologies for its banking and real estate customers to comply with state and federal rules and regulations. In its role as a middleman for financial clients, the company handles vast amounts of non-public banking information on behalf of its customers. According to SitusAMC's website, the company processes billions of documents related to loans annually.

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Lenovo Stockpiling PC Memory Due To 'Unprecedented' AI Squeeze

An anonymous reader quotes a report from Bloomberg: Lenovo is stockpiling memory and other critical components to navigate a supply crunch brought on by the boom in artificial intelligence. The world's biggest PC maker is holding on to component inventories that are roughly 50% higher than usual, Chief Financial Officer Winston Cheng told Bloomberg TV on Monday. The frenzy to build and fill AI data centers with advanced hardware is raising prices for producers of consumer electronics, but Lenovo also sees opportunity in this to capitalize on its stockpile. "The price is going very, very high, of course, and I think it's been unprecedented in terms of this rate driven by the AI demand," Cheng said. His company has long-term contracts in place and the benefit of scale, he added, and "those that have the supply actually would be able to have a position in the market." Beijing-based Lenovo will aim to avoid passing on rising costs to its customers in the current quarter, as it wants to sustain this year's strong sales growth, according to the CFO. He said the company will strike a balance between price and availability in 2026. Lenovo said last week that it has enough memory chips for all of 2026 and it can navigate any shortages better than its competitors.

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