Businesses

'Everything We Were Taught About Success Is Wrong' (theguardian.com) 102

Megan Hellerer, a career coach and founder of Coaching for Underfulfilled Overachievers, offers an alternative to the relentless "hustle culture" and "destinational living" mindsets, which often emphasize long-term goals at the expense of present happiness. "There's another way and I call it directional living," writes Hellerer. "Here's the catch: I can't find fulfilment for you. The good news is that it's all up to you..." An anonymous Slashdot reader shares an excerpt from the report published by The Guardian: Directional living is like the scientific method but for life. You begin with a hypothesis -- your best guess as to the direction of a loose "something bigger". You conduct tests and collect data through your experiences, refining your life hypothesis as you go.

If you have a hypothesis that involves living on the beach, you may test that by renting a house on the coast for one month and collecting data on how right, or not, that is for you. The goal is not to permanently relocate but to find out whether you want to continue exploring that path. Success is in finding what's true, not in proving your original theory correct.

I've found this idea speaks uniquely to UFOAs at this moment in time. [UFOA is a term Hellerer came up with that stands for "underfulfilled overachiever." This describes a constant striver who is living a great-on-paper life, yet feels disconnected from their work, life and self.] The closest thing I have to a personal motto is a quotation that's widely attributed to Carl Jung but that, as it turns out, he never actually said at all. "The privilege of a lifetime is to become who you truly are." My greatest hope for you is that you get to live this privilege fully.

AT&T

AT&T Kills Home Internet Service In New York Over Law Requiring $15 Plans (arstechnica.com) 134

Ars Technica's Jon Brodkin reports: AT&T has stopped offering its 5G home Internet service in New York instead of complying with a new state law that requires ISPs to offer $15 or $20 plans to people with low incomes. New York started enforcing its Affordable Broadband Act yesterday after a legal battle of nearly four years. [...] The law requires ISPs with over 20,000 customers in New York to offer $15 broadband plans with download speeds of at least 25Mbps, or $20-per-month service with 200Mbps speeds. The plans only have to be offered to households that meet income eligibility requirements, such as qualifying for the National School Lunch Program, Supplemental Nutrition Assistance Program, or Medicaid. [...]

Ending home Internet service in New York is relatively simple for AT&T because it is outside the 21-state wireline territory in which the telco offers fiber and DSL home Internet service. "AT&T Internet Air is currently available only in select areas and where AT&T Fiber is not available. New York is outside of our wireline service footprint, so we do not have other home Internet options available in the state," the company said. AT&T will continue offering its 4G and 5G mobile service in New York, as the state law only affects home Internet service. People with smartphones or other mobile devices connected to the AT&T wireless network should thus see no change.

Existing New York-based users of AT&T Internet Air can only keep it for 45 days and won't be charged during that time, AT&T said. "During this transition, customers will be able to keep their existing AT&T Internet Air service for up to 45 days, at no charge, as they find other options for broadband. We will work closely with our customers throughout this transition," AT&T said. Residential users will be sent "a recovery kit with instructions on how to return their AIA equipment, while business customers can keep any device they purchased at no charge," AT&T said.

Programming

Replit CEO on AI Breakthroughs: 'We Don't Care About Professional Coders Anymore' (semafor.com) 168

Replit, an AI coding startup platform, has made a dramatic pivot away from professional programmers in a fundamental shift in how software may be created in the future. "We don't care about professional coders anymore," CEO Amjad Masad told Semafor, as the company refocuses on helping non-developers build software using AI.

The strategic shift follows the September launch of Replit's "Agent" tool, which can create working applications from simple text commands. The tool, powered by Anthropic's Claude 3.5 Sonnet AI model, has driven a five-fold revenue increase in six months. The move marks a significant departure for Replit, which built its business providing online coding tools for software developers. The company is now betting that AI will make traditional programming skills less crucial, allowing non-technical users to create software through natural language instructions.
Crime

Pastor Who Saw Crypto Project In His 'Dream' Indicted For Fraud (bleepingcomputer.com) 111

A pastor in Pasco, Washington, has been indicted on 26 counts of fraud for orchestrating a cryptocurrency scam that defrauded over 1,500 investors of nearly $5.9 million between 2021 and 2023. Many of the investors were members of his congregation. BleepingComputer reports: The US Department of Justice says the pastor, Francier Obando Pinillo, 51, used his position to recruit investors into a fraudulent cryptocurrency venture called "Solano Fi," which he told them "came to him in a dream" and was a guaranteed investment. "Pinillo used his position as pastor to induce members of his congregation and others to invest their money in a cryptocurrency investment business known as Solano Fi," reads the US Department of Justice announcement. "Pinillo claimed the idea for Solano Fi had come to him in a dream and that it was a safe and guaranteed investment."

The pastor also set up a Facebook page for Solano Fi to attract more investors outside his direct sphere of influence, as well as a Telegram group named 'Multimillionarios SolanoFi,' which had 1,500 members. The indictment alleged that Pinillo promised investors they would receive guaranteed monthly investment returns of 34.9% at no risk whatsoever. The indictment further claims he directed the victims to make cryptocurrency transfers to wallets under his control, and instead of investing the funds, he diverted them for personal use. Investors were provided access to a Solano Fi web app where they could manage their funds; however, the app showed fake balances and investment returns. Those convinced by the fraud were encouraged to recruit more investors for additional returns, expanding the victims' circle. As in similar scams, when the victims attempted to withdraw money from the Solano Fi app, the transaction failed.

Businesses

Comics Distributor Diamond Is Filing For Bankruptcy (theverge.com) 37

Diamond Comic Distributors, the world's biggest English language comic book distributor, is filing for bankruptcy and scaling its business back in order to survive. The Verge reports: In a letter sent to comics retailers and publishers today, Diamond president Chuck Parker announced that the company has filed for Chapter 11 Bankruptcy and plans to sell off its Alliance Game Distributors arm to Universal in order to "protect the most vital aspects of our business."

Founded in 1982 by Stephen A. Geppi (who still serves as CEO), Diamond became a heavyweight in the comics business by securing a number of exclusive distribution agreements with various publishing houses like DC, Marvel, and Image. For decades, Diamond -- which also publishes its Previews magazine showcasing upcoming titles -- was instrumental in bringing comics to market and played a huge role in determining a book's success because of how Previews influenced retailer orders.
"This decision was not made lightly, and I understand that this news may be as difficult to hear as it is for me to share," Parker said. "The Diamond leadership team and I have worked tirelessly to avoid this outcome but the financial challenges we face have left us with no other viable option."
Security

Dead Google Apps Domains Can Be Compromised By New Owners (arstechnica.com) 34

An anonymous reader quotes a report from Ars Technica: Lots of startups use Google's productivity suite, known as Workspace, to handle email, documents, and other back-office matters. Relatedly, lots of business-minded webapps use Google's OAuth, i.e. "Sign in with Google." It's a low-friction feedback loop -- up until the startup fails, the domain goes up for sale, and somebody forgot to close down all the Google stuff. Dylan Ayrey, of Truffle Security Co., suggests in a report that this problem is more serious than anyone, especially Google, is acknowledging. Many startups make the critical mistake of not properly closing their accounts -- on both Google and other web-based apps -- before letting their domains expire.

Given the number of people working for tech startups (6 million), the failure rate of said startups (90 percent), their usage of Google Workspaces (50 percent, all by Ayrey's numbers), and the speed at which startups tend to fall apart, there are a lot of Google-auth-connected domains up for sale at any time. That would not be an inherent problem, except that, as Ayrey shows, buying a domain allows you to re-activate the Google accounts for former employees if the site's Google account still exists.

With admin access to those accounts, you can get into many of the services they used Google's OAuth to log into, like Slack, ChatGPT, Zoom, and HR systems. Ayrey writes that he bought a defunct startup domain and got access to each of those through Google account sign-ins. He ended up with tax documents, job interview details, and direct messages, among other sensitive materials.
A Google spokesperson said in a statement: "We appreciate Dylan Ayrey's help identifying the risks stemming from customers forgetting to delete third-party SaaS services as part of turning down their operation. As a best practice, we recommend customers properly close out domains following these instructions to make this type of issue impossible. Additionally, we encourage third-party apps to follow best-practices by using the unique account identifiers (sub) to mitigate this risk."
Businesses

Even Harvard MBAs Are Struggling To Land Jobs (msn.com) 120

Nearly a quarter of Harvard Business School's 2024 M.B.A. graduates remained jobless three months after graduation, highlighting deepening employment challenges at elite U.S. business schools. The unemployment rate for Harvard M.B.A.s rose to 23% from 20% a year earlier, more than double the 10% rate in 2022.

Major employers including McKinsey, Amazon, Google, and Microsoft have scaled back M.B.A. recruitment, with McKinsey cutting its hires at University of Chicago's Booth School to 33 from 71. "We're not immune to the difficulties of the job market," said Kristen Fitzpatrick, who oversees career development at Harvard Business School. "Going to Harvard is not going to be a differentiator. You have to have the skills." Columbia Business School was the only top program to improve its placement rate in 2024. Median starting salaries for employed M.B.A.s remain around $175,000.
Google

Google is Making AI in Gmail and Docs Free - But Raising the Price of Workspace (theverge.com) 21

Google is bundling its AI features into Workspace at no extra charge while raising the base subscription price by $2 to $14 per user monthly, the company said Wednesday. The move eliminates the previous $20 monthly fee for Gemini Business plan that was required to access AI tools in Gmail, Docs and other Workspace apps.
Microsoft

Microsoft Relaunches Copilot for Business With Free AI Chat and Pay-As-You-Go Agents (theverge.com) 5

Microsoft is relaunching its free Copilot for businesses as Microsoft 365 Copilot Chat today, complete with the ability to use AI agents. From a report: Copilot Chat is Microsoft's latest attempt to get people used to using AI at work and relying on it enough to tempt them into paying $30 per month to get the full Microsoft 365 Copilot.

Microsoft 365 Copilot Chat is essentially a rebranding of what was once Bing Chat Enterprise before Microsoft rebranded it to just Copilot. It crucially now includes access to Copilot AI agents right within the chat interface -- which was previously only available in the full Microsoft 365 Copilot experience -- requiring a $30 per user per month subscription. These agents are designed to work like virtual colleagues and can do things like monitor email inboxes or automate a series of tasks.

You'll be able to create and use agents using Copilot Studio, use agents that rely on web data, and even use agents grounded on work data through the Microsoft graph. The usage of agents with Copilot Chat will be priced through the Copilot Studio meter in Azure or through a pay-as-you-go option.

Facebook

Meta Says It Isn't Ending Fact-Checks Outside US 'At This Time' (cointelegraph.com) 153

An anonymous reader quotes a report from CoinTelegraph: Social media platform Meta has confirmed that its fact-checking feature on Facebook, Instagram and Threads will only be removed in the US for now, according to a Jan. 13 letter sent to Brazil's government. "Meta has already clarified that, at this time, it is terminating its independent Fact-Checking Program only in the United States, where we will test and refine the community notes [feature] before expanding to other countries," Meta told Brazil's Attorney General of the Union (AGU) in a Portuguese-translated letter.

Meta's letter followed a 72-hour deadline Brazil's AGU set for Meta to clarify to whom the removal of the third-party fact verification feature would apply. [...] Brazil has expressed dissatisfaction with Meta's removal of its fact check feature, Brazil Attorney-General Jorge Messias said on Jan. 10. "Brazil has rigorous legislation to protect children and adolescents, vulnerable populations, and the business environment, and we will not allow these networks to transform the environment into digital carnage or barbarity."
Last Tuesday, Meta CEO Mark Zuckerberg announced an end to fact-checking on Facebook and Instagram -- a move he described as an attempt to restore free expression on its platforms. He likened his company's fact-checking process to a George Orwell novel, saying it "something out of 1984" and let to a broad belief that Meta fact-checkers "were too biased."
Businesses

Microsoft Pauses Hiring In US Consulting Unit (cnbc.com) 9

A week after announcing performance-based job cuts similar to those at Meta, Microsoft said it also plans to pause hiring in part of its consulting unit. CNBC reports: The changes by the U.S. consulting division are meant to align with a policy by the Microsoft Customer and Partner Solutions organization, which has about 60,000 employees, according to a page on Microsoft's website. The changes are in place through the remainder of the 2025 fiscal year ending in June. To reduce costs, Microsoft's consulting division will hold off on hiring new employees and back-filling roles, consulting executive Derek Danois told employees in the memo. Careful management of costs is of utmost importance, Danois wrote.

The memo also instructs employees to not expense travel for any internal meetings and use remote sessions instead. Additionally, executives will have to authorize trips to customers' sites to ensure spending is being used on the right customers, Danois wrote. Additionally, the group will cut its marketing and non-billable external resource spend by 35%, the memo says.
Further reading: Companies Deploy AI To Curb Hiring as 'Cost Avoidance' Gains Ground
Transportation

Texas Sues Allstate For Collecting Driver Data To Raise Premiums (gizmodo.com) 62

An anonymous reader quotes a report from Gizmodo: Texas has sued (PDF) one of the nation's largest car insurance providers alleging that it violated the state's privacy laws by surreptitiously collecting detailed location data on millions of drivers and using that information to justify raising insurance premiums. The state's attorney general, Ken Paxton, said the lawsuit against Allstate and its subsidiary Arity is the first enforcement action ever filed by a state attorney general to enforce a data privacy law. It also follows a deceptive business practice lawsuit he filed against General Motors accusing the car manufacturer of misleading customers by collecting and selling driver data.

In 2015, Allstate developed the Arity Driving Engine software development kit (SDK), a package of code that the company allegedly paid mobile app developers to install in their products in order to collect a variety of sensitive data from consumers' phones. The SDK gathered phone geolocation data, accelerometer, and gyroscopic data, details about where phone owners started and ended their trips, and information about "driving behavior," such as whether phone owners appeared to be speeding or driving while distracted, according to the lawsuit. The apps that installed the SDK included GasBuddy, Fuel Rewards, and Life360, a popular family monitoring app, according to the lawsuit.

Paxton's complaint said that Allstate and Arity used the data collected by its SDK to develop and sell products to other insurers like Drivesight, an algorithmic model that assigned a driving risk score to individuals, and ArityIQ, which allowed other insurers to "[a]ccess actual driving behavior collected from mobile phones and connected vehicles to use at time of quote to more precisely price nearly any driver." Allstate and Arity marketed the products as providing "driver behavior" data but because the information was collected via mobile phones the companies had no way of determining whether the owner was actually driving, according to the lawsuit. "For example, if a person was a passenger in a bus, a taxi, or in a friend's car, and that vehicle's driver sped, hard braked, or made a sharp turn, Defendants would conclude that the passenger, not the actual driver, engaged in 'bad' driving behavior," the suit states. Neither Allstate and Arity nor the app developers properly informed customers in their privacy policies about what data the SDK was collecting or how it would be used, according to the lawsuit.
The lawsuit violates Texas' Data Privacy and Security Act (DPSA) and insurance code by failing to address violations within the required 30-day cure period. "In its complaint, filed in federal court, Texas requested that Allstate be ordered to pay a penalty of $7,500 per violation of the state's data privacy law and $10,000 per violation of the state's insurance code, which would likely amount to millions of dollars given the number of consumers allegedly affected," adds the report.

"The lawsuit also asks the court to make Allstate delete all the data it obtained through actions that allegedly violated the privacy law and to make full restitution to customers harmed by the companies' actions."
Facebook

Meta To Cut 3,600 Jobs, Targeting Lowest Performers (msn.com) 105

Meta is cutting roughly 5% of its staff through performance-based eliminations and plans to hire new people to fill their roles this year, according to a company memo. From a report: As of September, Meta employed about 72,000 people, so a 5% reduction could affect roughly 3,600 jobs. "I've decided to raise the bar on performance management and move out low-performers faster," Chief Executive Officer Mark Zuckerberg said in the note posted to an internal message board and reviewed by Bloomberg News. "We typically manage out people who aren't meeting expectations over the course of a year," he said, "but now we're going to do more extensive performance-based cuts during this cycle."
United Kingdom

UK Plans To Ban Public Sector Organizations From Paying Ransomware Hackers (techcrunch.com) 16

U.K. public sector and critical infrastructure organizations could be banned from making ransom payments under new proposals from the U.K. government. From a report: The U.K.'s Home Office launched a consultation on Tuesday that proposes a "targeted ban" on ransomware payments. Under the proposal, public sector bodies -- including local councils, schools, and NHS trusts -- would be banned from making payments to ransomware hackers, which the government says would "strike at the heart of the cybercriminal business model."

This government proposal comes after a wave of cyberattacks targeting the U.K. public sector. The NHS last year declared a "critical" incident following a cyberattack on pathology lab provider Synnovis, which led to a massive data breach of sensitive patient data and months of disruption, including canceled operations and the diversion of emergency patients. According to new data seen by Bloomberg, the cyberattack on Synnovis resulted in harm to dozens of patients, leading to long-term or permanent damage to their health in at least two cases.

Businesses

The New $30,000 Side Hustle: Making Job Referrals for Strangers (bnnbloomberg.ca) 15

Tech workers at major U.S. companies are earning thousands of dollars by referring job candidates they've never met, creating an underground marketplace for employment referrals at firms like Microsoft and Nvidia, according to Bloomberg.

One tech worker cited in the report earned $30,000 in referral bonuses after recommending over 1,000 strangers to his employer over 18 months, resulting in more than six successful hires. While platforms like ReferralHub charge up to $50 per referral, Goldman Sachs and Google said such practices violate their policies. Google requires referrals to be based on personal knowledge of candidates.
United States

US Employee Engagement Sinks To 10-Year Low (gallup.com) 223

Employee engagement in the U.S. fell to its lowest level in a decade in 2024, Gallup reported Tuesday, with only 31% of employees engaged. This matches the figure last seen in 2014. The percentage of actively disengaged employees, at 17%, also reflects 2014 levels. Gallup: The percentage of engaged employees has declined by two percentage points since 2023, highlighting a growing trend of employee detachment from organizations, particularly among workers younger than 35.

These are among the findings of Gallup's most recent annual update of U.S. employee engagement. Though engagement increased slightly midyear, it declined through the rest of 2024, finishing the year at its decade low. In Gallup's trend dating back to 2000, employee engagement peaked in 2020, at 36%, following a decade of steady growth, but it has generally trended downward since then.

Each point change in engagement represents approximately 1.6 million full- or part-time employees in the U.S. The declines since 2020 equate to about 8 million fewer engaged employees, including 3.2 million fewer compared to 2023. Among the 12 engagement elements that Gallup measures, those that saw the most significant declines in 2024 (by three points or more in "strongly agree" ratings) include:
Clarity of expectations. Just 46% of employees clearly know what is expected of them at work, down 10 points from a high of 56% in March 2020.
Feeling someone at work cares about them as a person. Currently, 39% of employees feel strongly that someone cares about them, a drop from 47% in March 2020.
Someone encouraging their development. Only 30% strongly agree that someone at work encourages their development, down from 36% in March 2020.

People of all ages come to work seeking role clarity, strong relationships and opportunities for development, but managers, combined, are progressively failing to meet these basic needs. However, managers themselves are faring no better than those they manage, with only 31% engaged.

Cloud

Euro-Cloud Anexia Moves 12,000 VMs Off VMware to Homebrew KVM Platform (theregister.com) 57

The Register's Simon Sharwood reports: Broadcom has lost another sizable customer for its VMware platform: Austrian cloud provider Anexia has moved 12,000 VMs, some of them rented by major European businesses, to an open-source system based on the KVM hypervisor. Anexia was founded in 2006, is based in Austria, and provides cloud services from over 100 locations around the world by placing equipment in third party datacenters. Clients include remote access and control vendor TeamViewer, and airline Lufthansa -- plus plenty more outfits that need reliable hosting and service to match.

CEO Alexander Windbichler told The Register that after Broadcom acquired VMware, increased licensing costs, and made big changes to its partner program, Anexia remained eligible to operate a VMware-powered cloud. But Windbichler felt he couldn't afford to continue, because Broadcom offered new terms that saw the cost of VMware licenses rise sharply. The CEO preferred not to enumerate the increase precisely however The Register understands it exceeded 500 percent. Whatever the actual figure, Windbichler said the cost increase "Would have been existential for us."

"We used to pay for VMware software one month in arrears," he said. "With Broadcom we had to pay a year in advance with a two-year contract." That arrangement, the CEO said, would have created extreme stress on company cashflow. "We would not be able to compete with the market," he said. "We had customers on contracts, and they would not pay for a price increase." Windbichler considered legal action, but felt the fight would have been slow and expensive. Anexia therefore resolved to migrate, a choice made easier by its ownership of another hosting business called Netcup that ran on a KVM-based platform.

Social Networks

Mastodon Announces Transition To Nonprofit Structure (techcrunch.com) 12

An anonymous reader quotes a report from TechCrunch, written by Ivan Mehta: Decentralized social network organization Mastodon said Monday that it is planning to create a new nonprofit organization in Europe and hand over ownership of entities responsible for key Mastodon ecosystem and platform components. This means one person won't have control over the entire project. The organization is trying to differentiate itself from social networks controlled by CEOs like Elon Musk and Mark Zuckerberg. While exact details are yet to be finalized, this means that Mastodon's current CEO and creator, Eugen Rochko, will hand over management bits of the organization to the new entity and focus on the product strategy.

The organization said that it will continue to host the mastodon.social and mastodon.online servers, which users can sign up for and join the ActivityPub-based network. Mastodon currently has 835,000 monthly active users spread across thousands of servers. [...] Last year, the company formed a U.S.-based nonprofit to get more funds and grants with Twitter co-founder Biz Stone on the board. At the same time, the organization lost its nonprofit status in Germany. [...] The blog post noted that the new Europe-based nonprofit entity will wholly own the Mastodon GmbH for-profit entity. The organization is in the process of finalizing the place where the new entity will be set up.
"We are taking the time to select the appropriate jurisdiction and structure in Europe. Then we will determine which other (subsidiary) legal structures are needed to support operations and sustainability,â Mastodon said in a blog post. "Throughout, we will focus on establishing the appropriate governance and leadership frameworks that reflect the nature and purpose of Mastodon as a whole, and responsibly serve the community."
Microsoft

Microsoft Is Testing 45% M365 Price Hikes in Asia (theregister.com) 65

Microsoft is raising Microsoft 365 subscription prices by up to 46% across six Asian markets to fund AI features. In Australia, annual Microsoft 365 Family subscriptions will increase to AU$179 ($110) from AU$139, while Personal subscriptions will jump to AU$159 ($98) from AU$109. The price hikes also affect New Zealand, Malaysia, Singapore, Taiwan and Thailand customers.
Businesses

Ghost Jobs Haunt Online Listings (msn.com) 62

One in five online job postings may be "ghost jobs" that companies never intend to fill, according to new data from hiring platform Greenhouse examining its clients' recruitment patterns in 2024. The analysis found that 18-22% of advertised positions across technology, finance, and healthcare sectors went unfilled, while nearly 70% of companies posted at least one ghost job in the second quarter of 2024.

Construction, arts, food and beverage, and legal industries showed the highest rates of ghost listings. In response, Greenhouse and LinkedIn have introduced verification systems for job postings. LinkedIn reports more than half its listings are now tagged as "verified," indicating confirmed open positions. Companies maintain ghost listings for various reasons, including projecting growth, keeping options open for exceptional candidates, or meeting federal posting requirements, said Jon Stross, Greenhouse's president and co-founder.

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