Music

Older Music Has Been Getting a Second Life On TikTok, Data Shows (theguardian.com) 18

An anonymous reader quotes a report from The Guardian: Despite having an endless amount of music to pair with their short, scrollable videos, TikTok users have been raiding the back catalogues of artists from yesteryear including Bronski Beat and Sade to soundtrack their posts. This year set a new high for use of old tracks on British TikTok posts, with tunes more than five years old accounting for 19 out of its 50 top tracks this year. It is the highest proportion since TikTok started monitoring the trend in 2021, when just 8 out of the 50 tracks were from back catalogues. The trend is also global, with 20 out of the top 50 tracks worldwide coming from back catalogues, led by 80s hit Forever Young by German synth-pop band Alphaville. Here are the top back catalogue tracks (must be more than five years old) on TikTok this year:

1. Blood Orange - Champagne Coast [2011]: 1.1m posts
2. Alphaville - Forever Young [1984]: 458,000 posts
3. Redbone - Come and Get Your Love [1974]: 386,000 posts
4. Tom Odell - Another Love [2012]: 238,000 posts
5. Pavement - Harness Your Hopes [1999]: 219,000 posts
6. Natasha Bedingfield - Unwritten [2004]: 207,000 posts
7. Christina Aguilera - Genie in a Bottle [1999]: 207,000 posts
8. Sade - Kiss of Life [1993]: 194,000 posts
9. Sophie Ellis Bextor - Murder on the Dancefloor [2001]: 191,000 posts
10. The Fray - Look After You [2005]: 188,000 posts
Businesses

C-suite Goes Gig as Demand For Fractional Work Rises (axios.com) 24

There's been an explosion of interest among senior executives -- including C-suite leaders -- in going gig, or "fractional." From a report: "People don't want to go back to pre-COVID -- [they] want control, more work-life-balance, and a say over who they work with and how they work," Karina Mikhli, founder of Fractionals United, a 13,000-member community group, tells Axios in an email.

A fractional leader is someone with lengthy experience who works part-time and long-term to help run and represent a company, according to Mikhli. They are "on the org chart and have a seat at the leadership table," she says. Consultants, on the other hand, sit outside of organizations and work on a project basis.

Khadijah Robinson, a fractional COO for young companies, started committing to the role at the start of 2023 after being burnt out from "a nonstop decade of go, go, go," she tells Axios. "I also wanted to be able to work on multiple things," she says.

Security

Hackers Hijack a Wide Range of Companies' Chrome Extensions (reuters.com) 10

Hackers have compromised several different companies' Chrome browser extensions in a series of intrusions dating back to mid-December, according to one of the victims and experts who have examined the campaign. From a report: Among the victims was the California-based Cyberhaven, a data protection company that confirmed the breach in a statement to Reuters on Friday. "Cyberhaven can confirm that a malicious cyberattack occurred on Christmas Eve, affecting our Chrome extension," the statement said.

It cited public comments from cybersecurity experts. These comments, said Cyberhaven, suggested that the attack was "part of a wider campaign to target Chrome extension developers across a wide range of companies." Cyberhaven added: "We are actively cooperating with federal law enforcement." The geographical extent of the hacks was not immediately clear.

Government

Bill Requiring US Agencies To Share Custom Source Code With Each Other Becomes Law 26

President Biden on Monday signed the SHARE IT Act (H.R. 9566) into law, mandating federal agencies share custom-developed code with each other to prevent duplicative software development contracts and reduce the $12 billion annual government software expenditure. The law requires agencies to publicly list metadata about custom code, establish sharing policies, and align development with best practices while exempting classified, national security, and privacy-sensitive code. FedScoop reports: Under the law, agency chief information officers are required to develop policies within 180 days of enactment that implement the act. Those policies need to ensure that custom-developed code aligns with best practices, establish a process for making the metadata for custom code publicly available, and outline a standardized reporting process. Per the new law, metadata includes information about whether custom code was developed under a contract or shared in a repository, the contract number, and a hyperlink to the repository where the code was shared. The legislation also has industry support. Stan Shepard, Atlassian's general counsel, said that the company shares "the belief that greater collaboration and sharing of custom code will promote openness, efficiency, and innovation across the federal enterprise."
Bitcoin

South Korean Crypto-Boss Do Kwon To Be Extradited To US 5

Montenegro has approved the extradition of cryptocurrency entrepreneur Do Kwon to the United States over his role in the collapse of TerraUSD and Luna tokens, which wiped out $40 billion from investors and destabilized global crypto markets. The BBC reports: "The Minister of Justice, Bojan Bozovic, issued a decision approving the extradition of the accused, Kwon Do Hyung, to the United States of America," the Ministry of Justice announced said in a statement. "It was concluded that the majority of the criteria prescribed by law favor the extradition request from the competent authorities of the United States of America," the statement said. It added that Kwon had consented to be extradited to both South Korea and the United States.

In February, US regulators charged Kwon and his company Terraform Labs with "orchestrating a multi-billion dollar crypto asset securities fraud." "We allege that Terraform and Do Kwon failed to provide the public with full, fair, and truthful disclosure as required for a host of crypto asset securities, most notably for Luna and TerraUSD," US Securities and Exchange Commission (SEC) chairman Gary Gensler said in a statement at the time. The US alleged that Kwon repeatedly claimed that the tokens would increase in value, and misled investors about the stability of TerraUSD.
Transportation

Hertz Continues EV Purge (arstechnica.com) 262

An anonymous reader quotes a report from Ars Technica: Apparently Hertz's purging of electric vehicles from its fleet isn't going fast enough for the car rental giant. A Reddit user posted an offer they received from Hertz to buy the 2023 Tesla Model 3 they had been renting for $17,913. Hertz originally went strong into EVs, announcing a plan to buy 100,000 Model 3s for its fleet by the end of 2021, but 16 months later had acquired only half that amount. The company found that repair costs -- especially for Teslas, which averaged 20 percent more than other EVs -- were cutting into its profit margins. Customer demand was also not what Hertz had hoped for; last January, it announced plans to sell off 20,000 EVs.

Asking its customers if they want to purchase their rentals isn't a new strategy for Hertz. "By connecting our rental customers who opt into our emails to our sales channels, we're not only building awareness of the fact that we sell arsenal but also offering a unique opportunity to someone who may be in the market for the same car they have on rent," Hertz communications director Jamie Line told The Verge. Hertz is advertising a limited 12-month, 12,000-mile powertrain warranty for each EV, and customers will have seven days to return the car in case of profound buyer's regret.

China

Chinese Hackers Breach Ninth US Telecoms Group in Espionage Campaign (apnews.com) 41

A ninth U.S. telecommunications company has been compromised in a Chinese espionage campaign that targeted private communications, particularly around Washington D.C., White House Deputy National Security Adviser Anne Neuberger said Friday.

The intrusion, part of the "Salt Typhoon" operation that previously hit eight telecom firms, allowed hackers to access customer call records and private messages. While the total number of affected Americans remains unclear, many targets were government officials and political figures in the Washington-Virginia area.
Facebook

Meta Envisages Social Media Filled With AI-Generated Users (ft.com) 60

Meta is betting that characters generated by AI will fill its social media platforms in the next few years as it looks to the fast-developing technology to drive engagement with its 3 billion users. From a report: The Silicon Valley group is rolling out a range of AI products, including one that helps users create AI characters on Instagram and Facebook [non-paywalled source], as it battles with rival tech groups to attract and retain a younger audience.

"We expect these AIs to actually, over time, exist on our platforms, kind of in the same way that accounts do," said Connor Hayes, vice-president of product for generative AI at Meta. "They'll have bios and profile pictures and be able to generate and share content powered by AI on the platform ... that's where we see all of this going," he added. Hayes said a "priority" for Meta over the next two years was to make its apps "more entertaining and engaging," which included considering how to make the interaction with AI more social.

AI

Geoffrey Hinton Says There is 10-20% Chance AI Will Lead To Human Extinction in 30 Years (theguardian.com) 127

The British-Canadian computer scientist often touted as a "godfather" of artificial intelligence has shortened the odds of AI wiping out humanity over the next three decades, warning the pace of change in the technology is "much faster" than expected. From a report: Prof Geoffrey Hinton, who this year was awarded the Nobel prize in physics for his work in AI, said there was a "10 to 20" per cent chance that AI would lead to human extinction within the next three decades.

Previously Hinton had said there was a 10% chance of the technology triggering a catastrophic outcome for humanity. Asked on BBC Radio 4's Today programme if he had changed his analysis of a potential AI apocalypse and the one in 10 chance of it happening, he said: "Not really, 10 to 20 [per cent]."

NASA

NASA's Parker Solar Probe Reports Successful Closest Approach To Sun (nasa.gov) 8

Following its record-breaking closest approach to the Sun, NASA's Parker Solar Probe has transmitted a beacon tone back to Earth indicating it's in good health and operating normally. NASA: The mission operations team at the Johns Hopkins Applied Physics Laboratory (APL) in Laurel, Maryland received the signal just before midnight EST, on the night of Dec. 26. The team was out of contact with the spacecraft during closest approach, which occurred on Dec. 24, with Parker Solar Probe zipping just 3.8 million miles from the solar surface while moving about 430,000 miles per hour.

The spacecraft is expected to send back detailed telemetry data on its status on Jan. 1. This close-up study of the Sun allows Parker Solar Probe to take measurements that help scientists better understand how material in this region gets heated to millions of degrees, trace the origin of the solar wind (a continuous flow of material escaping the Sun), and discover how energetic particles are accelerated to near light speed. Previous close passes have helped scientists pinpoint the origins of structures in the solar wind and map the outer boundary of the Sun's atmosphere.

Crime

A Fake Nintendo Lawyer is Scaring YouTubers (theverge.com) 32

A wave of fraudulent copyright takedowns on YouTube has exposed vulnerabilities in the platform's content moderation system, enabling anonymous users to threaten creators' channels through false legal claims, The Verge is reporting. Several gaming content creators, including a channel with 1.5 million subscribers, received takedown notices from someone impersonating Nintendo's legal team. Though YouTube acknowledged the false claims, the company declined to explain how it verifies takedown requests or detail measures to prevent abuse of its copyright system.
Businesses

Boom in US Retail Real Estate Defies Prediction of Ecommerce Apocalypse (ft.com) 40

Vacancies at open-air shopping centres in the US have dropped to historically low levels [non-paywalled source], defying forecasts of a retail apocalypse caused by the rise of ecommerce. From a report: Landlords of complexes anchored by big-box chains, discount merchants and supermarkets have gained power to raise rents as leases expire. New construction has been stymied by higher interest rates and soaring building costs.

Scarcity in the market had disproved long-standing beliefs about retail real estate, said Brandon Isner, head of retail research at Newmark, a commercial property broker. "They would say, 'Retail is overbuilt. Retail is struggling. Ecommerce is going to take over brick-and-mortar retail.' And really none of that has ended up to be true," Isner said. Retailers plan to expand further in the years ahead, led by discount chains favoured by inflation-weary consumers seeking deals. Off-price clothing and decor chains Burlington Stores, Ross Stores and TJX, parent of the Marshalls and TJ Maxx store chains, have together added 339 US stores in the past year. Walmart intends to add 150 US locations over the next five years.

EU

The USB-C Charging Mandate Arrives in the EU (theverge.com) 107

From December 28th, a large percentage of the gadgets bought inside the EU are required to charge via USB-C. From a report: The goal for Directive 2022/2380, known colloquially as the common charging solution, is to reduce e-waste and solve market fragmentation. You may recall Apple and the EU butting heads over this a few years ago.

The requirement for USB-C is just the surface of this directive though. It also includes regulations on fast charging, unbundling charging bricks from retail devices, and the introduction of improved labelling -- and it has the potential to make life for gadget enthusiasts in the EU a whole lot simpler. If it works, of course.

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.
Technology

'The Paper Passport Is Dying' (wired.com) 81

Facial recognition technology is poised to replace traditional passports globally, marking the biggest shift in travel documentation since World War 1. Airports across Finland, Canada, Netherlands, UAE, UK, Italy, US, and India are testing passport-free systems, with Singapore already implementing the technology for its residents and departing visitors.

The systems typically store passport data digitally on smartphones, using face recognition cameras at airports to match travelers against stored photos. Singapore officials report over 1.5 million people have used their system, while Finnish trials showed identity checks taking just eight seconds.
Businesses

Video Games Can't Afford To Look This Good (nytimes.com) 85

Major video game studios' pursuit of ultra-realistic graphics has led to diminishing returns and industry-wide layoffs, as younger players gravitate toward simpler, more social games, New York Times is reporting.

Sony's Insomniac Games spent $300 million developing Marvel's Spider-Man 2, triple the budget of its predecessor, before laying off staff amid Sony's 900-person reduction in February. The industry has cut more than 20,000 jobs in the past two years. Meanwhile, games with basic graphics like Minecraft, Roblox and Fortnite continue to dominate, particularly among younger players.

Genshin Impact, a mobile game by Hoyoverse, generates approximately $2 billion annually through frequent content updates rather than cutting-edge visuals. The shift has forced studios to reevaluate their strategies. Warner Bros. Discovery lost $200 million on Suicide Squad: Kill the Justice League, while Sony shuttered its Concord studio shortly after launch. Some industry figures see AI as a potential solution to reduce graphics development costs, the report adds, particularly in sports games.
Japan

Japan's Megabank MUFG Suffers Online Banking Glitch, Hints At Cyberattack (kyodonews.net) 3

Japanese megabank MUFG Bank says that its internet banking service has been unstable, indicating that it may have been under a cyberattack. From a report: The glitch, which occurred from 2:47 p.m., originated from "massive influx of data," the main banking unit of Mitsubishi UFJ Financial Group said. There was no leakage of customer information, nor was any damage caused by computer viruses.
China

Chinese Firm Trains Massive AI Model for Just $5.5 Million (techcrunch.com) 56

Chinese AI startup DeepSeek has released what appears to be one of the most powerful open-source language models to date, trained at a cost of just $5.5 million using restricted Nvidia H800 GPUs.

The 671-billion-parameter DeepSeek V3, released this week under a permissive commercial license, outperformed both open and closed-source AI models in internal benchmarks, including Meta's Llama 3.1 and OpenAI's GPT-4 on coding tasks.

The model was trained on 14.8 trillion tokens of data over two months. At 1.6 times the size of Meta's Llama 3.1, DeepSeek V3 requires substantial computing power to run at reasonable speeds.

Andrej Karpathy, former OpenAI and Tesla executive, comments: For reference, this level of capability is supposed to require clusters of closer to 16K GPUs, the ones being brought up today are more around 100K GPUs. E.g. Llama 3 405B used 30.8M GPU-hours, while DeepSeek-V3 looks to be a stronger model at only 2.8M GPU-hours (~11X less compute). If the model also passes vibe checks (e.g. LLM arena rankings are ongoing, my few quick tests went well so far) it will be a highly impressive display of research and engineering under resource constraints.

Does this mean you don't need large GPU clusters for frontier LLMs? No but you have to ensure that you're not wasteful with what you have, and this looks like a nice demonstration that there's still a lot to get through with both data and algorithms.

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."
United States

Trump Transition Leaders Call For Eased Tech Immigration Policy 167

theodp writes: In 2012, now-Microsoft President Brad Smith unveiled Microsoft's National Talent Strategy, a two-pronged strategy that called for tech visa restrictions to be loosened to allow tech companies to hire non-U.S. citizens to fill jobs until more American schoolchildren could be made tech-savvy enough to pass hiring standards. Shortly thereafter, tech-backed nonprofit Code.org emerged (led by Smith's next-door neighbor Hadi Partovi with Smith as a founding Board member) with a mission to ensure that U.S. schoolchildren started receiving 'rigorous' computer science education instruction. Around the same time, Mark Zuckerberg's FWD.us PAC launched (with support from Smith, Partovi, and other tech leaders) with a mission to reform tech visa policy to meet tech's need for talent.

Fast forward to 2024, and Newsweek reports the debate over tech immigration policy has been revived, spurred by the recent appointment of Sriram Krishnan as senior policy adviser for AI at the Trump White House. Comments by far-right political activist Laura Loomer on Twitter about Krishnan's call for loosening Green Card restrictions were met with rebuttals from prominent tech leaders who are also serving as members of the Trump transition team. Entrepreneur David Sacks, who Trump has tapped as his cryptocurrency and AI czar, took to social media to clarify that Krishnan advocates for removing country caps on green cards, not eliminating caps entirely, aiming to create a more merit-based system. However, the NY Times reported that Sacks discussed a much broader visa reform proposal with Trump during a June podcast ("What I will do is," Trump told Sacks, "you graduate from a college, I think you should get automatically, as part of your diploma, a green card to be able to stay in this country"). Elon Musk, the recently appointed co-head of Trump's new Dept. of Government Efficiency (DOGE) had Sacks' and Krishnan's backs (not unexpected -- both were close Musk advisors on his Twitter purchase), tweeting out "Makes sense" to his 209 million followers, lamenting that "the number of people who are super talented engineers AND super motivated in the USA is far too low," reposting claims crediting immigrants for 36% of the innovation in the U.S., and taking USCIS to task for failing to immediately recognize his own genius with an Exceptional Ability Green Card (for his long-defunct Zip2 startup).

Vivek Ramaswamy, who Trump has tapped to co-lead DOGE with Musk, agreed and fanned the Twitter flames with a pinned Tweet of his own explaining, "The reason top tech companies often hire foreign-born -- first-generation engineers over "native" Americans isn't because of an innate American IQ deficit (a lazy -- wrong explanation). A key part of it comes down to the c-word: culture." (Colorado Governor Jared Polis also took to Twitter to agree with Musk and Ramaswamy on the need to import 'elite engineers'). And Code.org CEO Partovi joined the Twitter fray, echoing the old we-need-H1B-visas-to-make-US-schoolchildren-CS-savvy argument of Microsoft's 2012 National Talent Strategy. "Did you know 2/3 of H1B visas are for computer scientists?" Partovi wrote in reply to Musk, Loomer, and Sachs. "The H1B program raises $500M/year (from its corporate sponsors) and all that money is funneled into programs at Labor and NSF without focus to grow local CS talent. Let's fund CS education." The NYT also cited Zuckerberg's earlier efforts to influence immigration policy with FWD.us (which also counted Sacks and Musk as early supporters), taking note of Zuck's recent visit to Mar-a-Lago and Meta's $1 million donation to Trump's upcoming inauguration.

So, who is to be believed? Musk, who attributes any tech visa qualms to "a 'fixed pie' fallacy that is at the heart of much wrong-headed economic thinking" and argues that "there is essentially infinite potential for job and company creation ['We should let anyone in the country who is hardworking and honest and will be a contributor to the United States,' Musk has said]"? Or economists who have found that immigration and globalization is not quite the rising-tide-that-raises-all-boats it's been cracked up to be?

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