United States

When Jimmy Carter Spoke At a Wireless Tradeshow (cnn.com) 76

Former U.S. President Jimmy Carter has died. Born in 1924, he had just celebrated his 100th birthday on October 1st. If you want to catch a glimpse of his political charisma, YouTube has a clip of Carter's appearance on "What's My Line" when he was still only governor of Georgia. Within five years he'd be president of the United States, serving from 1977 to 1981.

But it seems like today everyone has a story to tell. More than two decades later, long-time Slashdot reader destinyland saw Jimmy Carter speak in Las Vegas in 2001 on the final day of the CTIA Wireless tradeshow. "I feel thrilled to be a part of this," 77-year-old Carter had said.... Carter applauded the work of "entrepreneurs and scientists and engineers that are transforming the face of the globe." And he noted their technologies could address problems targeted by the Carter Center.

Interrupted by a few cellphone rings, the former President conversed on a stage at the Sands Expo and Venetian Hotel with Tom Wheeler, the president of the wireless communications trade association. Wheeler reminded the audience of Carter's decidedly nontechnical background, discussing An Hour Before Daylight, Carter's memoir about growing up on a farm in Georgia during the Great Depression. "We were the only family blessed with an outhouse," Carter told the crowd.

Wheeler also asked a question many in the technology community could relate to. Carter, he pointed out, had been involuntarily retired. "What's it feel like?" The former President told the audience he'd re-focussed his energies into humanitarian efforts through the Carter Center, which is active in providing health services around the world as well as monitoring elections. Carter donated his appearance fee to the Carter Center...

Midway through the hour-long discussion, the former President touted his administration's record of deregulating several industries, including transportation, energy, and communications, saying "If it hadn't been for that deregulation, this environment in which you all live wouldn't have been possible." Carter also shared with the business crowd that it was a belief in free enterprise that made him want to enter politics, drawn from his experiences selling peanuts as a young boy for a dollar a day.

The audience greeted the former president warmly, giving him a standing ovation both when he took the stage and when he left. Carter joked it was almost enough to make him want to get back into politics.

Everyone has their own opinion. When a friend of mine was in high school, she got to meet Jimmy Carter early in his presidency. He'd seemed unusually kind and good, she said, but remembered her first reaction. "They're going to eat you alive." And yet then, pointing to the humanitarian work he would continue for four decades, she said he was also clearly America's very best ex-president.

And the liberal blog Talking Points Memo argues Carter's accomplishments as president are being re-evaluated: Some found him to be distinctly unsung, with little attention given to his brokering of peace with the Camp David Accords and emphasis on global human rights. And some just liked him. A serious, intelligent, faithful, deeply honest man who spurned political expediency and burned through hundreds of pages of memos a day, he preached self-restraint, stewardship and commonality to an electorate that cast him off four years later for the glib excesses of Ronald Reagan.... "People assume that because he wasn't warm and cuddly with Congress that he didn't get much through," said John Alter [who wrote the first independent Carter biography in 2020]. "He signed more legislation in four years than Clinton or Obama did in eight. He has the most prodigious legislative record since World War II, with the exception of Lyndon Johnson."

That record includes, by Alter's count, 14 major pieces of environmental legislation. In one of Carter's more creative moves, he dusted off the 1906 Antiquities Act to keep pristine 56 million acres of Alaskan wilderness. His piecemeal approach, cloaked in distinctly unsexy bills like the 1978 Public Utilities Regulatory Policies Act, planted the seeds for a changing national energy system in the face of climate change. Carter had started underlining passages in scientific journals about what is now the most existential crisis of our time as early as 1971. What's most wrenching about Carter's improvements in energy and environmental policy now is what he wasn't able to accomplish. On his way out of office, he issued a report that included recommendations for cutting carbon emissions — at exactly the same rate the Paris Climate Accords coalesced behind 35 years later....

His Carter Center has virtually eradicated certain devastating diseases on the African continent, part of the work for which he received the Nobel Peace Prize in 2002. He and Rosalynn have also helped build and repair over 4,000 homes for Habitat for Humanity, work that continued well into his 90s.

I've got my own story. As a young boy I saw Jimmy Carter give a speech in 1977 — just six months after he'd assumed the presidency. A crowd of teenagers thrilled to see the president gave him a long, loud round of applause. And when it finally died down, Carter said...

"I wish I got that kind of reception from Congress."
Movies

2024's Ten Top-Grossing Films Were All Sequels or Prequels (slashfilm.com) 86

"Every single one of the top ten box office hits of 2024 was a sequel, a remake... or a prequel," writes The Hollywood Reporter.

Here's the list of 2024's top-grossing films published by the movie blog SlashFilm:

10. Beetlejuice Beetlejuice
9. Venom: The Last Dance
8. Kung Fu Panda 4
7. Godzilla x Kong: The New Empire
6. Wicked
5. Dune: Part Two
4. Moana 2
3. Despicable Me 4
2. Deadpool & Wolverine
1. Inside Out 2


2024 was the year Godzilla celebrated its 70th year as a franchise — but it wasn't the only long-running franchise. "When the Marvel Cinematic Universe went R-rated with Deadpool & Wolverine... it was literally more successful than any other R-rated movie in history," SlashFilm points out, while Venom: The Last Dance was the year's 9th highest-earner. (But several other big superhero movies flopped and "the misses outweighed the hits this year, while DC sat it out entirely as the world waits for Superman to usher in James Gunn's new DC Universe.")

They also marvel that Wicked earned $572 million after opening on the same day as Ridley Scott's Gladiator II....

But in the end SlashFilm describes 2024 as "a banner year for animation," with computer-animated movies filling four of the top ten spots (Kung Fu Panda 4, Moana 2, Despicable Me 4, and Inside Out 2). And another interesting trend? Though the world flocked to Tim Burton's first sequel to Beetlejuice after 36 years, Warner Bros. was, "at one point, pushing for Beetlejuice 2 to go directly to streaming on Max." And Disney original had the same idea for Moana 2, leading SlashFilm to conclude that 2024's box office "should be the death of the big direct-to-streaming movie." SlashFilm notes that Disney also sent several Pixar originals to Disney+ between 2020 and 2022, which "did immeasurable damage to the brand, something that even CEO Bob Iger has acknowledged." And then after a theatrical debut Pixar's Inside Out 2 became "the eighth biggest movie ever at the box office, with $1.698 billion to its name" — and the highest-grossing animated film ever made.

And Dune: Part Two? Denis Villeneuve accomplished nothing shy of a miracle with 2021's "Dune," an adaptation of Frank Herbert's cherished sci-fi novel that was faithful to the material, massive in scale, but still felt like an auteur film... The only downside? 2021 was a terrible time to release a movie, particularly a Warner Bros. movie, as all of the studio's films were going to HBO Max the same day they hit theaters. Yet, "Dune" made $400 million in its original run, which was enough to justify a sequel. Evidently, the audience for this franchise grew exponentially in the years before "Dune: Part Two" hit theaters in early March... All told, Villeneuve's sweeping, epic sequel pulled in $714.4 million worldwide, all while garnering tons of acclaim once again. Also, not for nothing, Villeneuve got it made for less than $200 million...

Without "Dune: Part Two" making what it made, the box office might have been in truly dire shape. As a relatively dead April and very weak May followed, this overperformance helped keep theaters afloat until greener pastures arrived in the back half of the year. The Spice must flow, as it were.

The Hollywood Reporter offers another take on the significance of 2024: Total domestic box office revenue appears to be heading toward around $8 billion, down from 2023's exhilarating post-COVID turnaround of $9 billion, but the National Association of Theatre Owners prefers to accentuate the positive, attributing the dip to a shortage of product due to the labor strikes and taking encouragement from the renewal of the movie habit...

Interestingly, or thankfully, the cinematic universes of Marvel, DC, and Star Wars failed to expand: except for Deadpool & Wolverine, not one of the huge hits came from a comic book franchise or a galaxy far, far away.

The article then complains about people using their phones during the movie for texting, talking, and photographing the movie itself. (Though it applauds a PSA against the practice in which Deadpool and Wolverine "delivered the message in laudably blunt terms.")

And on Wikipedia, Deadpool & Wolverine and Dune: Part Two were the eighth and 23rd most popular articles of 2024.
Transportation

Electric Air Taxis are Taking Flight. Can They Succeed as a Business? (msn.com) 43

An anonymous reader shared this report from the Washington Post: Archer is aiming to launch its first commercially operated [and electrically-powered] flights with a pilot and passengers within a year in Abu Dhabi. A competitor, Joby Aviation, says it is aiming to launch passenger service in Dubai as soon as late 2025. Advancements in batteries and other technologies required for the futuristic tilt-rotor craft are moving so fast that they could soon move beyond the novelty stage and into broader commercial use in a matter of years. Both companies are laying plans to operate at the 2028 Olympics in Los Angeles...

Scaling the industry from a novelty ride for the wealthy to a broadly available commuter option will take billions more in start-up money, executives said, including building out a network of takeoff and landing areas (called vertiports) and charging stations. Some high-profile ventures have already faltered. A plan for air taxis to transport spectators around the Paris Olympics fizzled... Still, investors, including big names like Stellantis and Toyota, have poured money into Silicon Valley companies like Archer and Joby. Boeing and Airbus are developing their own versions. All are betting that quieter, greener and battery-powered aircraft can revolutionize the way people travel. Major U.S. airlines including American, Delta, Southwest and United also are building relationships and planting seeds for deals with air taxi companies.

Two interesting quotes from the article:
  • "It feels like the modern-day American Dream, where you can invent a technology and actually bring it to market even [if it's] as crazy as what some people call flying cars."

    — Adam Goldstein, CEO of Archer Aviation.
  • "They have created these amazing new aircraft that really 10 or 15 years ago would've been unimaginable. I think there's something innately attractive about being able to leapfrog all of your terrestrial obstacles. Who hasn't wished that if you live in the suburbs that, you know, something could drop into your cul-de-sac and 15 minutes later you're at the office."

    — Roger Connor, curator of the vertical flight collection at the Smithsonian's National Air and Space Museum.

IT

Communications of the ACM Asks: Is It Ethical To Work For Big Tech? (acm.org) 136

Long-time Slashdot reader theodp writes: Back in January, Rice University professor and former CACM Editor-in-Chief Moshe Y. Vardi wrote of the unintended consequences of social media and mobile computing in "Computing, You Have Blood on Your Hands!" To close out the year, Vardi addresses the role tech workers play in enabling dubious Big Tech business models — including now-powered-by-AI Big Tech Surveillance Capitalism — in an opinion piece titled "I Was Wrong about the Ethics Crisis."

Vardi writes: "The belief in the magical power of the free market always to serve the public good has no theoretical basis. In fact, our current climate crisis is a demonstrated market failure. To take an extreme example, Big Tobacco surely does not support the public good, and most of us would agree that it is unethical to work for Big Tobacco. The question, thus, is whether Big Tech is supporting the public good, and if not, what should Big Tech workers do about it. Of course, there is no simple answer to such a question, and the only reasonable answer to the question of whether it is ethical to work for Big Tech is, 'It depends.' [...] It is difficult to get a man to understand something, when his salary depends on his not understanding it, said the writer and political activist Upton Sinclair. By and large, Big Tech workers do not seem to be asking themselves hard questions, I believe, hence my conclusion that we do indeed suffer from an ethics crisis."

Government

'Universal Basic Income' Isn't a Silver Bullet, Says Lead Researcher on Sam Altman's Study (yahoo.com) 231

Business Insider reports: The lead researcher for Sam Altman's basic-income study says guaranteed no-strings payments are not a silver bullet for issues facing lower-income Americans. Elizabeth Rhodes, the research director for the Basic Income Project at Open Research, told Business Insider that while basic-income payments are "beneficial in many ways," the programs also have "clear limitations...."

Rhodes headed up one of the largest studies in the space, which focused specifically on those on low incomes rather than making universal payments to adults across all economic demographics. The three-year experiment, backed by OpenAI boss Altman, provided 1,000 low-income participants with $1,000 a month without any stipulations for how they could spend it.... The initial findings, released in July, found that recipients put the bulk of their extra spending toward basic needs such as rent, transportation, and food. They also worked less on average but remained engaged in the workforce and were more deliberate in their job searches compared with a control group. But Rhodes says the research reinforced how difficult it is to solve complex issues such as poverty or economic insecurity, and that there is "a lot more work to do."

The Altman-backed study is still reporting results. New findings released in December showed recipients valued work more after receiving the recurring monthly payments — a result that may challenge one of the main arguments against basic income payments. Participants also reported significant reductions in stress, mental distress, and food insecurity during the first year, though those effects faded by the second and third years of the program. "Poverty and economic insecurity are incredibly difficult problems to solve," Rhodes said. "The findings that we've had thus far are quite nuanced."

She added: "There's not a clear through line in terms of, this helps everyone, or this does that. It reinforced to me the idea that these are really difficult problems that, maybe, there isn't a singular solution."

In an earlier article coauthor David Broockman told Business Insider that the study's results might offer insights into how future programs could be successful — but said that the study's results didn't necessarily confirm the fears or hopes expressed by skeptics or supporters of a basic income.

Thanks to Slashdot reader jjslash for sharing the news.
AI

OpenAI Plans Corporate Overhaul To Draw More Investment (openai.com) 16

OpenAI plans to overhaul its corporate structure by converting its for-profit business into a Delaware public benefit corporation, seeking to raise capital from investors who want conventional equity stakes.

The Microsoft-backed AI startup will scrap its unusual hybrid model where a nonprofit controls a capped-profit entity. The restructuring aims to help OpenAI compete with tech giants pouring hundreds of billions into AI development, it said.

Under the plan, OpenAI's nonprofit wing will receive shares in the new public benefit corporation at a valuation set by outside advisers. The nonprofit will pursue charitable work in healthcare and education while the corporation runs OpenAI's main operations.

The startup, which launched ChatGPT in 2022 and claims 300 million weekly users, said its current structure hampers fundraising at the scale needed to advance artificial general intelligence development. The restructured business will maintain OpenAI's mission of ensuring AI benefits humanity as its legal mandate.
Microsoft

Microsoft Bundling Practices Focus of Federal Antitrust Probe (propublica.org) 7

The Federal Trade Commission has launched a broad antitrust investigation into Microsoft's business practices, focusing on how the company bundles its Office products with cybersecurity and cloud computing services.

The probe follows ProPublica reporting that revealed Microsoft offered free temporary upgrades of federal agencies' software licenses to include advanced cybersecurity features, leading to long-term contracts once the trial period ended. The strategy helped Microsoft expand its government business while displacing competitors in both cybersecurity and cloud computing markets.

The investigation includes scrutiny of Microsoft's identity management product Entra ID, formerly Azure Active Directory. The FTC has issued a civil investigative demand compelling the company to turn over information. The probe represents one of FTC Chair Lina Khan's final moves before leadership changes under the Biden administration. Microsoft confirmed receiving the demand but called it "broad, wide ranging, and requests things that are out of the realm of possibility to even be logical."
Bug

Windows 11 Installation Media Bug Causes Security Update Failures (bleepingcomputer.com) 68

Microsoft is warning that Windows 11 installations using USB or CD media created with October or November 2024 security updates may be unable to receive future security patches.

The bug affects version 24H2 installations made between October 8 and November 12, but does not impact systems updated through Windows Update or the Microsoft Update Catalog. Microsoft advised users to rebuild installation media using December 2024 patches while it works on a permanent fix for the issue, which primarily affects business and education environments.
Microsoft

Microsoft Is Forcing Its AI Assistant on People - And Making Them Pay (msn.com) 101

Microsoft has integrated its AI assistant Copilot into Microsoft 365 subscriptions in Australia and Southeast Asia, simultaneously raising prices for all users. The move forces customers to pay for AI features regardless of interest, prompting complaints about intrusive pop-ups and price hikes, WSJ reports. From the report: Some users said on social media that Copilot pop-ups reminded them of Clippy, Microsoft's widely derided Office helper from the late 1990s, that would frequently offer unsolicited help.

[...] The change demonstrates the lengths to which Microsoft is going to try to profit from its huge investments in AI. Copilot, which is built with technology from OpenAI, is a key part of Chief Executive Satya Nadella's plan to keep expanding Microsoft's software business for consumer and corporate customers.

Apple

Apple Explains Why It Doesn't Plan To Build a Search Engine 37

Apple has no plans to develop its own search engine despite potential restrictions on its lucrative revenue-sharing deal with Google, citing billions in required investment and rapidly evolving AI technology as key deterrents, according to a court filing [PDF].

In a declaration filed with the U.S. District Court in Washington, Apple Senior Vice President Eddy Cue said creating a search engine would require diverting significant capital and employees, while recent AI developments make such an investment "economically risky."

Apple received approximately $20 billion from Google in 2022 under a deal that makes Google the default search engine on Safari browsers. This arrangement is now under scrutiny in the U.S. government's antitrust case against Google.

Cue said Apple lacks the specialized professionals and infrastructure needed for search advertising, which would be essential for a viable search engine. While Apple operates niche advertising like the App Store, search advertising is "outside of Apple's core expertise," he said. Building a search advertising business would also need to be balanced against Apple's privacy commitments, according to his declaration.
Businesses

Biggest Banks Sue the Federal Reserve Over Annual Stress Tests (cnbc.com) 67

A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests. From a report: The Bank Policy Institute, which represents big banks like JPMorgan, Citigroup and Goldman Sachs, is joining the American Bankers Association, the Ohio Bankers League, the Ohio Chamber of Commerce and the U.S. Chamber of Commerce to file the suit, which they said aims to "resolve longstanding legal violations by subjecting the stress test process to public input as required by federal law."

The groups said they don't oppose stress testing, but that the current process falls short and "produces vacillating and unexplained requirements and restrictions on bank capital." The Fed's stress test is an annual ritual that forces banks to maintain adequate cushions for bad loans and dictates the size of share repurchases and dividends. After the market close on Monday, the Federal Reserve announced in a statement that it is looking to make changes to the bank stress tests and will be seeking public comment on what it calls "significant changes to improve the transparency of its bank stress tests and to reduce the volatility of resulting capital buffer requirements."

Books

Encyclopedia Britannica Is Now an AI Company 59

An anonymous reader quotes a report from Gizmodo: Once an icon of the 20th century seen as obsolete in the 21st, Encyclopedia Britannica -- now known as just Britannica -- is all in on artificial intelligence, and may soon go public at a valuation of nearly $1 billion, according to the New York Times.

Until 2012 when printing ended, the company's books served as the oldest continuously published, English-language encyclopedias in the world, essentially collecting all the world's knowledge in one place before Google or Wikipedia were a thing. That has helped Britannica pivot into the AI age, where models benefit from access to high-quality, vetted information. More general-purpose models like ChatGPT suffer from hallucinations because they have hoovered up the entire internet, including all the junk and misinformation.

While it still offers an online edition of its encyclopedia, as well as the Merriam-Webster dictionary, Britannica's biggest business today is selling online education software to schools and libraries, the software it hopes to supercharge with AI. That could mean using AI to customize learning plans for individual students. The idea is that students will enjoy learning more when software can help them understand the gaps in their understanding of a topic and stay on it longer. Another education tech company, Brainly, recently announced that answers from its chatbot will link to the exact learning materials (i.e. textbooks) they reference.

Britannica's CEO Jorge Cauz also told the Times about the company's Britannica AI chatbot, which allows users to ask questions about its vast database of encyclopedic knowledge that it collected over two centuries from vetted academics and editors. The company similarly offers chatbot software for customer service use cases. Britannica told the Times it is expecting revenue to double from two years ago, to $100 million.
Businesses

PayPal's Honey Accused of Misleading Users, Hiding Discounts (youtube.com) 37

PayPal-owned browser extension Honey manipulates affiliate marketing systems and withholds discount information from users, according to an investigation by YouTube channel MegaLag.

The extension -- which rose in popularity after promising consumers it would find them the best online deals -- replaces existing affiliate cookies with its own during checkout, diverting commission payments from content creators who promoted the products to PayPal, MegaLag reported in a 23-minute video [YouTube link].

The investigation revealed that Honey, which PayPal acquired in 2019 for $4 billion, allows merchants in its cashback program to control which coupons appear to users, hiding better publicly available discounts.
Businesses

Telegram Turns a Profit for the First Time (nytimes.com) 17

An anonymous reader shares a report: In recent months, Telegram, the lightly moderated social media app, has held discussions with investors who lent it more than $2 billion. The goal: to reassure them that the company remains a viable bet after its founder, Pavel Durov, was arrested in France in August on charges related to illicit activities on the platform.

In the conversations, Telegram told investors that it was tackling its legal troubles head-on by policing more user-generated content. The company also said it had paid down a "meaningful amount" of its debt, according to an investor in the talks who was not authorized to discuss confidential information. Telegram has been under increasing scrutiny around the world this year for hosting illicit content from child predators, drug traffickers and other criminals. The company also faces pressure another way: to prove it can make money.

For years, skeptics have questioned if a platform known for hosting toxic material could turn a profit. Unlike social media companies such as Meta, Telegram took an unusual business path: It did not raise money from venture capitalists, sell advertising based on user data or hire aggressively to accelerate growth. Instead, it relied on Mr. Durov's fame and fortune to sustain its business, took on debt and barreled into the cryptocurrency market. [...] The result: Telegram is set to be profitable this year for the first time, according to a person with knowledge of the finances who declined to be identified discussing internal figures. Revenue is on track to surpass $1 billion, up from nearly $350 million last year, the person said.

Businesses

CFPB Sues America's Largest Banks For 'Allowing Fraud To Fester' on Zelle (nbcnews.com) 42

The Consumer Financial Protection Bureau is suing America's three largest banks, accusing the institutions of failing to protect customers from fraud on Zelle, the payment platform they co-own. From a report: According to the suit, which also targets Early Warning Services LLC, Zelle's official operator, Zelle users have lost more than $870 million over the network's seven-year existence due to these alleged failures. "The nation's largest banks felt threatened by competing payment apps, so they rushed to put out Zelle," said CFPB Director Rohit Chopra in a statement. "By their failing to put in place proper safeguards, Zelle became a gold mine for fraudsters, while often leaving victims to fend for themselves."

Among the charges:
1. Poor identity verification methods, which have allowed bad actors to quickly create accounts and target Zelle users.
2. Allowing repeat offenders to continue to gain access to the platform
3. Ignoring and failing to report instances of fraud
4. Failing to properly investigate consumer complaints

The CFPB's suit seeks to change the platform's operations, as well as obtain a civil money penalty, that would be paid into the CFPB's victims relief fund.

Power

US Data-Center Power Use Could Nearly Triple By 2028, DOE-Backed Report Says (reuters.com) 37

U.S. data center power demand could nearly triple in the next three years, and consume as much as 12% of the country's electricity, as the industry undergoes an AI transformation, according to an unpublished Department of Energy-backed report seen by Reuters. The publication adds: The Lawrence Berkeley National Laboratory report, which is expected to be released on Friday, comes as the U.S. power industry and government agencies attempt to understand how the sudden rise of Big Tech's data-center demand will affect electrical grids, power bills and the climate.

By 2028, data-center annual energy use could reach between 74 and 132 gigawatts, or between 6.7% and 12% of total U.S. electricity consumption, according to the Berkeley Lab report. The industry standard-setting report included ranges that depended partly on the availability and demand for a type of AI chip known as GPUs. Currently, data centers make up a little more than 4% of the country's power load. "This really signals to us where the frontier is in terms of growing energy demand in the U.S.," said Avi Shultz, director of the DOE's Industrial Efficiency and Decarbonization Office.

ISS

Russia Space Chief Says Country Will Fly On Space Station Until 2030 (arstechnica.com) 33

Ars Technica's Eric Berger reports: In a wide-ranging interview with a Russian television station, the chief executive of Russia's main space corporation said the country is now planning to participate in the International Space Station project all the way to NASA's desired goal of 2030. "In coordination with our American colleagues, we plan to de-orbit the station sometime around the beginning of 2030," the country's chief space official, Yuri Borisov, said during the interview. "The final scenario will probably be specified after the transition to a new NASA administration."

While the documents for such an extension have not been signed, these comments appear to represent a change in tone from Russia. When he first became head of Roscosmos in 2022, Borisov said Russia would leave the station partnership "after" 2024, which was interpreted as shortly thereafter. Later, Russia committed to working with NASA to keep the orbital outpost flying only through 2028. The US space agency has expressed a consistent desire to keep flying the station until 2030, after which point it hopes that private space station operators can provide one or more replacement facilities.
Borisov said the aging station, elements of which have now been in space for more than a quarter of a century, are becoming difficult to maintain. "Today our cosmonauts have to spend more time repairing equipment and less and less time conducting experiments," he said.
Borisov also discussed Russia's challenges of getting private investment in space-related activities, saying: "In the West, particularly in America, 70 percent of space services are provided by satellite constellations created by private companies. This process has only just begun with us. This is a very risky business for potential investors."

"Right now, the dynamic growth of private space is being influenced by the general economic situation (likely referring to Russia's costly war in Ukraine), high inflation and interest rates, which leads to expensive money for private investors. We can hope that this will be a temporary period and more favorable times will come soon."
Japan

Japan Sees Nuclear as Cheapest Baseload Power Source in 2040 (financialpost.com) 72

Nuclear power is forecast to be the cheapest baseload electricity source in Japan in 2040, highlighting the government's desire to restart the nation's idled reactors. From a report: The cost of constructing and operating a new nuclear power plant for 2040 is estimated at 12.5 yen ($0.08) per kilowatt-hour, according to documents released from a trade ministry panel meeting on Monday. This cost assumes reactors will be used for 40 years at a 70% operational rate. The meeting was held to discuss the so-called levelized cost of electricity for each power asset, the document said.

A previous study published in 2021 saw LNG-fired power plants as the cheapest power source in 2030. However, the latest analysis includes a cost to reduce emissions, while fuel prices are also higher. Intermittent renewable sources, like large-scale and residential solar, were priced lower than nuclear for 2040, the most recent report showed. However, when including the total system cost, including deployment of batteries, nuclear is cheaper than solar in some scenarios.

Japan is currently in the process of revising its national energy strategy, which will dictate its power mix targets beyond 2030. The government has doubled down on nuclear as a way to curb dependence on pricey fossil fuels. The analysis released Monday also estimated LCOE of ammonia and hydrogen co-fired electricity, as well as pairing carbon capture and storage with LNG and coal power plants -- technologies that the Japanese government is considering for its long-term energy transition. Co-firing with hydrogen boosted the cost of an LNG plant by about 6% for deployment in 2040, while CCS didn't meaningfully change the price.

Security

Tracker Firm Hapn Spilling Names of Thousands of GPS Tracking Customers (techcrunch.com) 14

An anonymous reader quotes a report from TechCrunch: GPS tracking firm Hapn is exposing the names of thousands of its customers due to a website bug, TechCrunch has learned. A security researcher alerted TechCrunch in late November to customer names and affiliations -- such as the name of their workplace -- spilling from one of Hapn's servers, which TechCrunch has seen.

Hapn, formerly known as Spytec, is a tracking company that allows users to remotely monitor the real-time location of internet-enabled tracking devices, which can be attached to vehicles or other equipment. The company also sells GPS trackers to consumers under its Spytec brand, which rely on the Hapn app for tracking. Spytec touts its GPS devices for tracking the locations of valuable possessions and "loved ones." According to its website, Hapn claims to track more than 460,000 devices and counts customers within the Fortune 500.

The bug allows anyone to log in with a Hapn account to view the exposed data using the developer tools in their web browser. The exposed data contains information on more than 8,600 GPS trackers, including the IMEI numbers for the SIM cards in each tracker, which uniquely identify each device. The exposed data does not include location data, but thousands of records contain the names and business affiliations of customers who own, or are tracked by, the GPS trackers.

China

China is Losing Interest in English 159

An anonymous reader shares a report: In preparation for the summer Olympics in 2008, the authorities in Beijing, the host city and China's capital, launched a campaign to teach English to residents likely to come in contact with foreign visitors. Police, transit workers and hotel staff were among those targeted. One aim was to have 80% of taxi drivers achieve a basic level of competency. Today, though, any foreigner visiting Beijing will notice that rather few people are able to speak English well.

The 80% target proved a fantasy: most drivers still speak nothing but Chinese. Even the public-facing staff at the city's main international airport struggle to communicate with foreigners. Immigration officers often resort to computer-translation systems. For much of the 40 years since China began opening up to the world, "English fever" was a common catchphrase. People were eager to learn foreign languages, English most of all. Many hoped the skill would lead to jobs with international firms. Others wanted to do business with foreign companies. Some dreamed of moving abroad. But enthusiasm for learning English has waned in recent years. According to one ranking, by EF Education First, an international language-training firm, China ranks 91st among 116 countries and regions in terms of English proficiency. Just four years ago it ranked 38th out of 100.

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