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Scott Adams, Creator of the 'Dilbert' Comic Strip, Dies at 68

17:43
Scott Adams, who kept cubicle denizens laughing for more than three decades with Dilbert, the bitingly funny comic strip that poked fun at the absurdity of corporate life, died Tuesday. He was 68. From a report: His death was tearfully revealed by his first ex-wife, Shelly Miles, at the start of Real Coffee With Scott Adams. In May, he said on the podcast that he had been diagnosed with prostate cancer, which had spread to his bones. "I expect to be checking out from this domain this summer," h…

JPMorgan Warns 10% Credit Card Rate Cap Would Backfire on Consumers and Economy

17:43
JPMorgan Chase's chief financial officer Jeremy Barnum pushed back hard on Tuesday against President Donald Trump's proposed 10% cap on credit card interest rates, calling the measure "very bad for consumers" and "very bad for the economy" during a call with reporters. The proposed one-year cap, which Trump has said he wants implemented starting January 20, sent banking stocks tumbling last week and prompted financial groups to mount a defense. Barnum said JPMorgan would have to "change the bus…

Signal Creator Marlinspike Wants To Do For AI What He Did For Messaging

17:08
Moxie Marlinspike, the engineer who created Signal Messenger and set a new standard for private communications, is now trialing Confer, an open source AI assistant designed to make user data unreadable to platform operators, hackers, and law enforcement alike. Confer relies on two core technologies: passkeys that generate a 32-byte encryption keypair stored only on user devices, and trusted execution environments on servers that prevent even administrators from accessing data. The code is open …

Meta Begins Job Cuts as It Shifts From Metaverse to AI Devices

15:55
Meta has begun laying off more than 1,000 employees from its Reality Labs division as the company redirects resources away from virtual reality and metaverse products toward AI wearables and smartphone features. The cuts amount to roughly 10% of Reality Labs' 15,000-person workforce, according to an internal post from CTO Andrew Bosworth reviewed by Bloomberg. Reality Labs has lost more than $70 billion since the start of 2021, and top executives discussed budget cuts as deep as 30% for the met…

Microsoft Pledges Full Power Costs, No Tax Breaks in Response To AI Data Center Backlash

15:19
Microsoft announced Tuesday what it calls a "community first" initiative for its AI data centers, pledging to pay full electricity costs and reject local property tax breaks following months of growing opposition from residents facing higher power bills. The announcement in Washington, D.C. marks a clear departure from past practices; Microsoft has previously accepted tax abatements for data cent…

Trump Says Microsoft To Make Changes To Curb Data Center Power Costs For Americans

14:09
An anonymous reader quotes a report from CNBC: President Donald Trump said in a social media post on Monday that Microsoft will announce changes to ensure that Americans won't see rising utility bills as the company builds more data centers to meet rising artificial intelligence demand. "I never want Americans to pay higher Electricity bills because of Data Centers," Trump wrote on Truth Social. …

Researchers Beam Power From a Moving Airplane

11:14
Researchers from the startup Overview Energy have successfully demonstrated beaming power from a moving airplane to the ground using near-infrared light. It marks the first step toward space-based solar power satellites that could someday transmit energy from orbit to existing solar farms on Earth. IEEE Spectrum reports: Overview's test transferred only a sprinkling of power, but it did it with the same components and techniques that the company plans to send to space. "Not only is it the first…

You Can Now Reserve a Hotel Room On the Moon For $250,000

8:26
A newly founded startup called GRU Space is taking deposits of up to $1 million to eventually build inflatable hotels on the Moon. The bet is that space needs destinations, not just rockets, even if the first customers are essentially early adopters of sci-fi optimism. Ars Technica reports: It sounds crazy, doesn't it? After all, GRU Space had, as of late December when I spoke to founder Skyler Chan, a single full-time employee aside from himself. And Chan, in fact, only recently graduated from…

EPA To Stop Considering Lives Saved By Limiting Air Pollution

4:36
An anonymous reader quotes a report from the New York Times: For decades, the Environmental Protection Agency has calculated the health benefits of reducing air pollution, using the cost estimates of avoided asthma attacks and premature deaths to justify clean-air rules. Not anymore. Under President Trump, the E.P.A. plans to stop tallying gains from the health benefits caused by curbing two of the most widespread deadly air pollutants, fine particulate matter and ozone, when regulating industr…

European Firms Hit Hiring Brakes Over AI and Slowing Growth

3:29
European hiring momentum is cooling as slower growth and accelerating AI adoption make both employers and workers more cautious. DW.com reports: [Angelika Reich, leadership adviser at the executive recruitment firm Spencer Stuart] noted how Europe's labor market has "cooled down" and how "fewer job vacancies and a tougher economic climate naturally make employees more cautious about switching jobs." Despite remaining resilient, the 21-member eurozone's labor market is projected to grow more slo…

Viral Chinese App 'Are You Dead?' Checks On Those Who Live Alone

2:56
The viral Chinese app Are You Dead? (known as Sileme in Chinese) targets people who live alone by requiring regular check-ins and alerting an emergency contact if the user doesn't respond. It launched in May and is now the most downloaded paid app in China. Cybernews reports: Users need to check in with the app every two days by clicking a large button to confirm that they are alive. Otherwise, the app will inform the user's appointed emergency contact that they may be in trouble, Chinese state…

Even Linus Torvalds Is Vibe Coding Now

2:23
Linus Torvalds has started experimenting with vibe coding, using Google's Antigravity AI to generate parts of a small hobby project called AudioNoise. "In doing so, he has become the highest-profile programmer yet to adopt this rapidly spreading, and often mocked, AI-driven programming," writes ZDNet's Steven Vaughan-Nichols. Fro the report: [I]t's a trivial program called AudioNoise -- a recent side project focused on digital audio effects and signal processing. He started it after building ph…

Fintech Firm Betterment Confirms Data Breach After Hackers Send Fake $10,000 Crypto Scam Messages

1:17
An anonymous reader quotes a report from The Verge: Betterment, a financial app, sent a sketchy-looking notification on Friday asking users to send $10,000 to Bitcoin and Ethereum crypto wallets and promising to "triple your crypto," according to a thread on Reddit. The Betterment account says in an X thread that this was an "unauthorized message" that was sent via a "third-party system." TechCrunch has since confirmed that an undisclosed number of Betterment's customers have had their personal…

Should AI Agents Be Classified As People?

0:43
New submitter sziring writes: Harvard Business Review's IdeaCast podcast interviewed McKinsey CEO Bob Sternfels, where he classified AI agents as people. "I often get asked, 'How big is McKinsey? How many people do you employ?' I now update this almost every month, but my latest answer to you would be 60,000, but it's 40,000 humans and 20,000 agents." This statement looks to be the opening shots of how we as a society need to classify AI agents and whether they will replace human jobs. Did thos…

Meta Plans To Cut Around 10% of Employees In Reality Labs Division

0:10
Meta plans to cut roughly 10% of staff in its Reality Labs division, with layoffs hitting metaverse-focused teams hardest. Reuters reports: The cuts to Reality Labs, which has roughly 15,000 employees, could be announced as soon as Tuesday and are set to disproportionately affect those in the metaverse unit who work on virtual reality headsets and virtual social networks, the report said. [...] Meta Chief Technology Officer Andrew Bosworth, who oversees Reality Labs, has called a meeting on Wed…
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