Businesses

Amazon Exits Quebec Operations, To Cut About 1,700 Jobs (msn.com) 189

An anonymous reader quotes a report from Reuters: E-commerce giant Amazon.com is exiting its operations in the Canadian province of Quebec, leading to the loss of about 1,700 full-time jobs, the company said on Wednesday, prompting Ottawa to express its unhappiness. The online retailer will phase out operations across seven sites in the province -- the only location in Canada with unionized Amazon employees -- over the next two months. It will return to a third-party delivery model, relying on local small businesses, similar to its approach before 2020. "Following a recent review of our Quebec operations, we've seen that returning to a third-party delivery model ... will allow us to provide even more savings to our customers," Amazon spokesperson Barbara Agrait said. The move will affect approximately 250 seasonal workers. Amazon will offer affected employees a package including up to 14 weeks' pay and "transitional benefits such as job placement resources," Agrait added.

"This is not the way business is done in Canada," said Federal Innovation Minister Francois-Philippe Champagne.

"There is no doubt that the closings announced today are part of an anti-union campaign against CSN and Amazon employees," said CSN president Caroline Senneville in a statement. "This move contradicts the provisions of the Quebec Labour Code, which we will strongly oppose," Senneville added.
The Almighty Buck

AI Apps Saw Over $1 Billion In Consumer Spending In 2024 24

Consumer spending on apps is projected to reach $150 billion globally in 2024, up 13% from the prior year. According to Sensor Tower's annual "State of Mobile" report, it's being fueled by a 200% surge in spending on generative AI apps like ChatGPT and Gemini, which collectively drew $1.1 billion. TechCrunch reports: If this rate of growth is sustained, this category of apps could move into the top 10 by consumer spending within a year, the firm notes. Though the release of new AI models, like OpenAI's GPT-4o last summer, helped drive app revenue up to record numbers at times, consumer demand for AI apps was consistent throughout the year -- not only during these peak surges. As a result, consumers spent nearly 7.7 billion hours using AI apps in 2024, while apps mentioning "AI" were also downloaded 17 billion times in the year.

ChatGPT alone reached 50 million monthly active users -- faster than Temu, Disney+, or YouTube Music, for comparison. This indicates there's still a growing appetite for AI apps and those with AI features.
AI

South Carolina To Reboot Giant Nuclear Project to Meet AI Demand (msn.com) 67

Santee Cooper, the big power provider in South Carolina, has tapped financial advisers to look for buyers that can restart construction on a pair of nuclear reactors that were mothballed years ago. From a report: The state-owned utility is betting interest will be strong, with tech giants such as Amazon.com and Microsoft in need of clean energy to fuel data centers for artificial-intelligence capabilities. The details Santee Cooper announced Wednesday it is seeking proposals for buyers to complete the project at South Carolina's sprawling V.C. Summer Nuclear Station, confirming an earlier report from The Wall Street Journal.

The utility is working with bankers at Centerview Partners, which will accept proposals until May 5. Santee Cooper will likely look to tap a consortium that could include a construction firm, a tech company that will use the power and an additional partner for capital, according to people familiar with the matter. It is also looking for another power company partner because it doesn't plan to own or operate the units once they are up and running.

Crime

Silk Road Creator Ross Ulbricht Pardoned (bbc.com) 339

Slashdot readers jkister and databasecowgirl share the news of President Donald Trump issuing a pardon to Silk Road creator Ross Ulbricht. An anonymous reader shares a report from the BBC: US President Donald Trump says he has signed a full and unconditional pardon for Ross Ulbricht, who operated Silk Road, the dark web marketplace where illegal drugs were sold. Ulbricht was convicted in 2015 in New York in a narcotics and money laundering conspiracy and sentenced to life in prison. Trump posted on his Truth Social platform that he had called Ulbricht's mother to inform her that he had granted a pardon to her son. Silk Road, which was shut down in 2013 after police arrested Ulbricht, sold illegal drugs using Bitcoin, as well as hacking equipment and stolen passports.

"The scum that worked to convict him were some of the same lunatics who were involved in the modern day weaponization of government against me," Trump said in his post online on Tuesday evening. "He was given two life sentences, plus 40 years. Ridiculous!" Ulbricht was found guilty of charges including conspiracy to commit drug trafficking, money laundering and computer hacking. During his trial, prosecutors said Ulbricht's website, hosted on the hidden "dark web", sold more than $200 million worth of drugs anonymously.

Social Networks

'Decentralized Social Media Is the Only Alternative To the Tech Oligarchy' (404media.co) 170

An anonymous reader quotes an op-ed from 404 Media's Jason Koebler: If it wasn't already obvious, the last 72 hours have made it crystal clear that it is urgent to build and mainstream alternative, decentralized social media platforms that are resistant to government censorship and control, are not owned by oligarchs and dominated by their algorithms, and in which users own their follower list and can port it elsewhere easily and without restriction. [...] Mastodon's ActivityPub and Bluesky's AT.Protocol have provided the base technology layer to make this possible, and have laid important groundwork over the last few years to decorporatize and decentralize the social internet.

The problem with decentralized social media platforms thus far is that their user base is minuscule compared to platforms like TikTok, Facebook, and Instagram, meaning the cultural and political influence has lagged behind them. You also cannot directly monetize an audience on Bluesky or Mastodon -- which, to be clear, is a feature, not a bug -- but also means that the value proposition for an influencer who makes money through the TikTok creator program or a small business that makes money selling chewing gum on TikTok shop or a clothes brand that has figured out how to arbitrage Instagram ads to sell flannel shirts is not exactly clear. I am not advocating for decentralized social media to implement ads and creator payment programs. I'm just saying that many TikTok influencers were directing their collective hundreds of millions of fans to follow them to Instagram or YouTube, not a decentralized alternative.

This doesn't mean that the fediverse or that a decentralized Instagram or TikTok competitor that runs on the AT.Protocol is doomed. But there is a lot of work to do. There is development work that needs to be done (and is being done) to make decentralized protocols easier to join and use and more interoperable with each other. And there is a massive education and recruitment challenge required to get the masses to not just try out decentralized platforms but to earnestly use them. Bluesky's growing user base and rise as a legitimately impressive platform that one can post to without feeling like it's going into the void is a massive step forward, and proof that it is possible to build thriving alternative platforms. The fact that Meta recently blocked links to a decentralized Instagram alternative shows that big tech sees these platforms, potentially, as a real threat.
"This is all to say that it is possible to build alternatives to Elon Musk's X, Mark Zuckerberg's Instagram, and whatever TikTok will become," concludes Koebler. "It is happening, and it is necessary. The richest, most powerful people in the world have all aligned themselves and their platforms with Donald Trump. But their platforms' relevance and importance doesn't necessarily have to last forever. A different way is possible, if we build it."

Further reading: 'The Tech Oligarchy Arrives' (The Atlantic)
Government

Trump To Announce Up To $500 Billion In AI Infrastructure Investment 129

According to CBS News, President Trump plans to announce billions of dollars in private sector investment to build AI infrastructure in the United States. From the report: OpenAI, Softbank and Oracle are planning a joint venture called Stargate, according to multiple people familiar with the deal. SoftBank CEO Masayoshi Son is expected at the White House Tuesday afternoon, along with Sam Altman of OpenAI and Larry Ellison of Oracle. Executives from the companies are expected to say they plan to commit $100 billion initially and pour up to $500 billion into Stargate over the next four years.

Other details of the new partnership were not immediately available. Stargate will start with a data center project in Texas, sources said, and eventually expand to other states. Other investors are expected to join the venture, but it was not immediately clear which ones.
Further reading: Scale AI CEO To Trump: 'America Must Win the AI War'
AI

Trump Revokes Biden Executive Order On Addressing AI Risks (msn.com) 123

An anonymous reader quotes a report from Reuters: U.S. President Donald Trump on Monday revoked a 2023 executive order signed by Joe Biden that sought to reduce the risks that artificial intelligence poses to consumers, workers and national security. Biden's order required developers of AI systems that pose risks to U.S. national security, the economy, public health or safety to share the results of safety tests with the U.S. government, in line with the Defense Production Act, before they were released to the public. Four days before leaving office, Biden issued a comprehensive cybersecurity executive order that also targeted AI usage. The directive aimed to leverage AI's security benefits, implement digital identities for citizens, and address vulnerabilities that have allowed Chinese and Russian intrusions into U.S. government systems, among other things. It's unclear at this time if it, too, will be revoked.
Transportation

Aptera's Solar-Powered Electric Car Shown at CES, Finally Nears Production (motortrend.com) 122

"Engineers have showcased a prototype electric vehicle that can drive for up to 40 miles (64 kilometers) per day using just solar power," reports LiveScience. The production-ready "Aptera Launch Edition" made its first appearance this month at CES 2025, and "also offers up to 400 miles (640 km) of range from a single charge via an electrical output, company representatives said in a statement."

LiveScience describes the vehicle as "lighter and more energy-efficient than conventional EVs, while offering a 50% reduction in aerodynamic resistance," with an energy efficiency rating of 100 Watt-hours per mile (Wh/mile). By contrast, a Tesla Model S (released in 2022) consumes 194 Wh/mile in the city in mild weather and 288 Wh/mile on the highway in mild weather, according to the EV Database. At a maximum range of 440 miles — including 40 miles using solar power and 400 miles using electricity — the Aptera EV may also overtake the current longest-range vehicles in production. The Mercedes-Benz EQS 450+ has a maximum range of 425 miles (684 km), according to the EV Database, followed by the Lucid Air Grand Touring at 410 miles (660 km).
Aptera says it's raised $135 million "through equity crowdfunding" to fund its pre-production progress. "Since its launch, the Company has accepted $1.7 billion in pre-orders with nearly 50,000 vehicles reserved by future Aptera owners in the U.S. and internationally."

MotorTrend writes that "nearly two decades in the making, the otherworldly three-wheel Aptera is headed to production this year as a $40,000, 400-mile EV that can capture up to 40 miles worth of free solar energy every day. Maybe." The California startup made similar promises in 2008, 2009, 2012, and 2022 and yet it has never delivered a single vehicle. Is anything different this time...?

At CES, co-CEO (and one of Aptera's original founders) Chris Anthony told MotorTrend it will take another $60 million to finish the development work, buy the tooling, and build out the Carlsbad, California, assembly plant. "We're still in fundraising mode and we hope that we inspire some people in this beautiful building (Las Vegas Convention Center) to invest in Aptera," Anthony said. "We're trying to raise $20 million in the first quarter of this year. That will basically kick off all the long-lead items to get into production, but it's a $60 million plan to get into volume production." Anthony said the company has already made one of its largest purchases, the molds for the carbon-fiber sheet-molding composite body structure and the fiberglass sheet-molding composite body panels that will be made in Italy. The next $20 million will cover the tooling for the diecast metal suspension arms and the injection-molded interior components...

It would be relatively easy for Aptera to hand build cars in a garage and announce the start of production, but the plan calls for building up to 80 cars per day per the guidance of engineering consultant and YouTuber Sandy Munro, who is an Aptera investor and adviser. "He really helped shepherd the design from what was an early prototype prove-out design into how to make the most manufacturable vehicle ever," Anthony said. The structure is built from just six parts and the entire car has been designed to be put together in a factory with just 12 stations. But that radical simplicity complicates the job at hand right now. In addition to developing the car, the small engineering team also has to create the machine that makes it. Anthony's plan has the factory ramping up to build 20,000 vehicles a year within nine months of starting production at the end of 2025.

Before that can happen, Aptera needs to clear the same hurdle that tripped it up in 2011 and sent the company stumbling into liquidation — the money. "We would love one investor to be so inspired by what we're doing that they just hand us a $60 million check," Anthony told MotorTrend. "But it could be something that's kind of piecemeal over the next nine months to get that $60 million into the company." Are you convinced?

IT

WSJ Reports 'The Balance of Power is Shifting Back to Bosses' (msn.com) 87

The ratio of vacant U.S. jobs to jobless workers "has fallen from a record of 2 in 2022 to 1.1 in November," reports the Wall Street Journal — which adds that "the balance of power between employers and employees has shifted as the labor market has gone from white-hot to merely solid."

JP Morgan's five-days-a-week return-to-office mandate was only the beginning, with big companies like Amazon and Dell "tightening remote-work policies, shrinking travel budgets and cutting back on benefits... Companies are slashing perks such as college-tuition assistance and time off for a sick pet... " 76% of [U.S.] job growth in the past year has been in healthcare and education, leisure and hospitality, and government. In fields such as finance, information, and professional and business services, job growth has been far weaker. While a shift in leverage to employers might have shown up in layoffs or wage cuts in the past, now it is more subtle, often in changes to working conditions. For example, knowing that some workers will quit rather than return to the office, some companies are ending remote work as a way of trimming payroll. "Quiet quitting" — workers who slacked off rather than quit — has been replaced by "quiet cutting" — employers who cut jobs without actually announcing job cuts...

Michael Gibbs, a professor of economics at the University of Chicago's Booth School of Business, said the new mandates might simply be a message to workers that times have changed. "Firms are trying to reset expectations," he said... [After refusing her employers return-to-office four-days-a-week mandate, Mayrian] Sanz, who now works as an independent business and leadership coach, said she applied for 25 to 30 jobs listed as remote but initially got no responses. When some hiring managers finally replied, they had a surprise: Jobs listed as remote would now be in-office. "They just say everything is shifting to going back to the office," she said.

Among tech workers, the share receiving perks such as paid volunteer hours, college-tuition reimbursement, free financial advice and mental-health programs all declined by about 4 percentage points in 2024 from 2023, according to Dice, a technology job board. Average bonuses fell by more than $800, from $15,011 to $14,194. Meanwhile, Netflix has quietly backed off from its unlimited parental leave in a child's first year, The Wall Street Journal reported last month. A company spokesman said at that time that employees have the freedom and flexibility to determine what is best for them.

The article notes that "The actual impact of return-to-office directives remains to be seen," with economists "skeptical" the directives make companies more productive and faster-growing: Many workers now being called in were already spending some time in their cubicles. Nicholas Bloom, a professor of economics at Stanford University, said most of the benefits of collaboration can be achieved with just a few days in the office, while some tasks that require concentration are better done at home.
Elsewhere the Wall Street Journal that looking for a job "is set to get less miserable this year," since roughly two-thirds of U.S. employers plan to add permanent roles within the next six months, "according to a new survey by staffing and consulting firm Robert Half."

And Computerworld notes that the IT unemployment rate is now just 2% in the U.S. (according to official figures from the US Bureau of Labor statistics).
Transportation

Toyota Unit Hino Motors Reaches $1.6 Billion US Diesel Emissions Settlement (msn.com) 8

An anonymous reader quotes a report from Reuters: Toyota Motor unit Hino Motors has agreed a $1.6 billion settlement with U.S. agencies and will plead guilty over excess diesel engine emissions in more than 105,000 U.S. vehicles, the company and U.S. government said on Wednesday. The Japanese truck and engine manufacturer was charged with fraud in U.S. District Court in Detroit for unlawfully selling 105,000 heavy-duty diesel engines in the United States from 2010 through 2022 that did not meet emissions standards. The settlement, which still must be approved by a U.S. judge, includes a criminal penalty of $521.76 million, $442.5 million in civil penalties to U.S. authorities and $236.5 million to California.

A company-commissioned panel said in a report in 2022 Hino had falsified emissions data on some engines going back to at least 2003. Hino agreed to plead guilty to engaging in a multi-year criminal conspiracy and serve a five-year term of probation, during which it will be barred from importing any diesel engines it has manufactured into the U.S., and carry out a comprehensive compliance and ethics program, the Justice Department and Environmental Protection Agency said. [...] The settlement includes a mitigation program, valued at $155 million, to offset excess air emissions from the violations by replacing marine and locomotive engines, and a recall program, valued at $144.2 million, to fix engines in 2017-2019 heavy-duty trucks

The EPA said Hino admitted that between 2010 and 2019, it submitted false applications for engine certification approvals and altered emission test data, conducted tests improperly and fabricated data without conducting any underlying tests. Hino President Satoshi Ogiso said the company had improved its internal culture, oversight and compliance practices. "This resolution is a significant milestone toward resolving legacy issues that we have worked hard to ensure are no longer a part of Hino's operations or culture," he said in a statement.
Toyota's Hino Motors isn't the only automaker to admit to selling vehicles with excess diesel emissions. Volkswagen had to pay billions in fines after it admitted in 2015 to cheating emissions tests by installing "defeat devices" and sophisticated software in nearly 11 million vehicles worldwide. Daimler (Mercedes-Benz), BMW, Opel/Vauxhall (General Motors), and Fiat Chrysler have been implicated in similar practices.
Games

PC Gaming Has Been Outperforming Console For Years, Report Finds (insider-gaming.com) 59

A recent 200-page report published by Epyllion reveals that PC gaming has been outperforming consoles over the last decade, "breezing past console platforms and generating more content spending and revenue," reports Insider Gaming. From the report: One slide revealed that since 2011, PC's content spend has dominated 'living room' console revenue by more than 65%, and it has earned 225% more than 'combined console' spend. That's a total of $30 billion if you want to put a number on it. Those numbers exclude hardware and accessories.

The report also showed that mobile gaming is leagues ahead of both PC and console platforms, representing the number one money maker in the games industry. This stat has been recorded despite an $18 billion increase in spending on console platforms in 2024 compared to 2011. That 75% increase is still trumped by content spend on PC platforms. But why is PC becoming increasingly popular and much more profitable? Epyllion suggested it boils down to a few core reasons:

- PC platforms have a much larger library of games and 'near-full backwards compatibility'
- On a PC, you can multi-task (stream, communicate, alt+tab, multiple monitors)
- Lower entry price point than consoles
- Higher top-end performance
- Better for esports and competitive gaming
- Able to play more early-access games
- More annual game releases
- Console 'exclusives' are now finding their way to PC

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.

Earth

Sweden Starts Building 100,000 Year Storage Site For Spent Nuclear Fuel 85

Sweden has begun constructing a long-term storage facility for spent nuclear fuel in Forsmark, making it only the second country after Finland to build such a site. It is not expected to be completed until the 2080s, but once finished, it will securely house radioactive waste for up to 100,000 years. Reuters reports: The Forsmark final repository, about 150 kilometers north of Stockholm on Sweden's east coast, will consist of 60 km of tunnels buried 500 meters down in 1.9 billion year old bedrock. It will be the final home for 12,000 tons of spent nuclear fuel, encased in 5 meter long, corrosion-resistent copper capsules that will be packed in clay and buried. The facility will take its first waste in the late 2030s but will not be completed until around 2080 when the tunnels will be backfilled and closed, Sweden's Nuclear Fuel and Waste Management Company (SKB) said. [...]

The Forsmark repository will cost around 12 billion crowns($1.08 billion) and be paid for by the nuclear industry, SKB said. It will have room to hold all the waste produced by Sweden's nuclear power plants. However, it will not hold fuel from future reactors. Sweden plans to build 10 more reactors by 2045.
The Almighty Buck

FTC Says Refunds For Razer's False N95 Face Masks Are Going Out Now (gamespot.com) 31

The FTC is issuing refunds for 6,764 customers who purchased Razer's Zephyr face mask, which falsely advertised as meeting N95 standards. GameSpot reports: In May 2024, the FTC announced that a settlement was reached with Razer for more than $1 million. The fine occurred because Razer claimed its face mask met N95 requirements, even though it was never submitted for certification to test whether it removed 95% of airborne particles, per the FTC.

In the middle of the COVID-19 pandemic, Razer revealed the N95 face mask with RGB lighting and voice amplification at CES in January 2021. The Razer Zephyr face mask eventually launched in October 2021 for $100. However, just months later in January 2022, Razer removed the N95 claims about the face mask.

At the time of the settlement with the FTC, Razer stated that it disagreed with the agency's allegations and didn't "admit to any wrongdoing." Meanwhile, the FTC says checks must be cashed within 90 days for the Zephyr face mask refunds, while PayPal payments need to be redeemed within 30 days.

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."
Linux

Linus Torvalds Offers to Build Guitar Effects Pedal For Kernel Developer (theregister.com) 36

Linux creator Linus Torvalds announced a playful giveaway for kernel contributors: he'll hand-build a guitar effects pedal for one lucky developer selected at random, using his holiday hobby skills with pedal kits. To qualify, developers must have a 2024 commit in Torvalds' kernel git tree and email him with the subject "I WANT A GUITAR PEDAL". He'll pick a winner at random, use his own money to buy a pedal kit from a company called Aion FX, and then 'build it with my own shaky little fingers, and send it to the victim by US postal services.'" The Register reports: The odd offer appeared in his weekly state-of-the-kernel post, which on Sunday US time informed the Linux world that release candidate (rc) seven for version 6.13 of the Linux kernel "is slightly bigger than normal, but considering the timing, it's pretty much where I would have expected, and nothing really stands out." Torvalds therefore expects version 6.13 to debut next week, meaning it will arrive after his preferred seven release candidates and without delays caused by the usual holiday-period slowdown. Torvalds then added a postscript in which he revealed that he often uses the holiday season to build LEGO, which he frequently receives for Christmas and his late December birthday.

He kept up that tradition last year, but "also ended up doing a number of guitar pedal kit builds" which he described as "LEGO for grown-ups with a soldering iron." [...] Torvalds doesn't play guitar, but did the builds "because I enjoy the tinkering, and the guitar pedals actually do something and are the right kind of "not very complex, but not some 5-minute 555 LED blinking thing.'" He enjoyed the experience and wants to build more pedals, so has decided to give one away to a random kernel developer -- both as an act of generosity and to "check to see if anybody actually ever reads these weekly rc announcements of mine."
Torvalds rated his past pedal-building efforts a "good success so far" but warned entrants "I'm a software person with a soldering iron."

"I will test the result to the best of my abilities, and the end result may actually work ... but you should set your expectations along the lines of "quality kit built by a SW person who doesn't know one end of a guitar from the other.'"
AI

Companies Deploy AI To Curb Hiring as 'Cost Avoidance' Gains Ground (msn.com) 114

U.S. companies are increasingly using AI to curb hiring plans, citing "cost avoidance" as a key metric to justify AI investments amid pressure to show returns. At software firm TS Imagine, AI-powered email sorting saves 4,000 work hours annually at 3% of employee costs, while Palantir reported AI reduced future headcount needs by 10-15%, according to company executives.

The trend is most pronounced in software development and customer service sectors, where companies are deferring or scaling back hiring plans, said Gartner analyst Arun Chandrasekaran. This shift comes as long-term unemployment in the U.S. has risen more than 50% since late 2022, though tech sector unemployment dropped to 2% in December.
IT

JPMorgan Chase Disables Employee Comments After Return-to-Office Backlash (msn.com) 125

"JPMorgan Chase shut down comments on an internal webpage announcing the bank's return-to-office policy," reports the Wall Street Journal, "after dozens of them criticized the move and at least one suggested that affected employees should unionize, according to people familiar with the matter." The bank's senior executives announced in an internal memo Friday that JPMorgan Chase would require all of its roughly 300,000 employees to work full time from the office starting in March, with only a limited number of exceptions. More than half of the bank's full-time workers, including senior managers and those with client-facing roles such as branch workers, have already been working full time from offices. The move primarily impacts back-office roles such as call-center workers who had still been able to work remotely two days a week...

Many employees shared concerns such as increased commuting costs, child-care challenges and the impact on work-life balance. One person suggested that they should consider unionizing to fight for a hybrid-work schedule, the people familiar with the matter said. Soon after, the bank disabled comments on the article...

The bank's executives said when announcing the move that affected employees would receive a 30-day notice before they are expected to return to the office full time. They also said there will be a limited number of teams that can work remotely or on a hybrid basis if their "work can be easily and clearly measured."

The bank's executives said yesterday a limited number of teams can still work remotely (full or part-time) — but only if their work "can be easily and clearly measured," according to the article. But they also announced how they'd implement the new policy.

Affected employees will receive a 30-day notice before being expected to return to the office full time.

Thanks to long-time Slashdot reader AsylumWraith for sharing the news.
United States

Should In-Game Currency Receive Federal Government Banking Protections? (yahoo.com) 91

Friday America's consumer watchdog agency "proposed a rule to give virtual video game currencies protections similar to those of real-world bank accounts..." reports the Washington Post, "so players can receive refunds or compensation for unauthorized transactions, similar to how banks are required to respond to claims of fraudulent activity." The Consumer Financial Protection Bureau is seeking public input on a rule interpretation to clarify which rights are protected and available to video game consumers under the Electronic Fund Transfer Act. It would hold video game companies subject to violations of federal consumer financial law if they fail to address financial issues reported by customers. The public comment period lasts from Friday through March 31. In particular, the independent federal agency wants to hear from gamers about the types of transactions they make, any issues with in-game currencies, and stories about how companies helped or denied help.

The effort is in response to complaints to the bureau and the Federal Trade Commission about unauthorized transactions, scams, hacking attempts and account theft, outlined in an April bureau report that covered banking in video games and virtual worlds. The complaints said consumers "received limited recourse from gaming companies." Companies may ban or lock accounts or shut down a service, according to the report, but they don't generally guarantee refunds to people who lost property... The April report says the bureau and FTC received numerous complaints from players who contacted their banks regarding unauthorized charges on Roblox. "These complaints note that while they received refunds through their financial institutions, Roblox then terminated or locked their account," the report says.

Youtube

CES 'Worst In Show' Devices Mocked In IFixit Video - While YouTube Inserts Ads For Them (worstinshowces.com) 55

While CES wraps up this week, "Not all innovation is good innovation," warns Elizabeth Chamberlain, iFixit's Director of Sustainability (heading their Right to Repair advocacy team). So this year the group held its fourth annual "anti-awards ceremony" to call out CES's "least repairable, least private, and least sustainable products..." (iFixit co-founder Kyle Wiens mocked a $2,200 "smart ring" with a battery that only lasts for 500 charges. "Wanna open it up and change the battery? Well you can't! Trying to open it will completely destroy this device...") There's also a category for the worst in security — plus a special award titled "Who asked for this?" — and then a final inglorious prize declaring "the Overall Worst in Show..."

Thursday their "panel of dystopia experts" livestreamed to iFixit's feed of over 1 million subscribers on YouTube, with the video's description warning about manufacturers "hoping to convince us that they have invented the future. But will their vision make our lives better, or lead humanity down a dark and twisted path?" The video "is a fun and rollicking romp that tries to forestall a future clogged with power-hungry AI and data-collecting sensors," writes The New Stack — though noting one final irony.

"While the ceremony criticized these products, YouTube was displaying ads for them..."

UPDATE: Slashdot reached out to iFixit co-founder Kyle Wiens, who says this teaches us all a lesson. "The gadget industry is insidious and has their tentacles everywhere."

"Of course they injected ads into our video. The beast can't stop feeding, and will keep growing until we knife it in the heart."

Long-time Slashdot reader destinyland summarizes the article: "We're seeing more and more of these things that have basically surveillance technology built into them," iFixit's Chamberlain told The Associated Press... Proving this point was EFF executive director Cindy Cohn, who gave a truly impassioned takedown for "smart" infant products that "end up traumatizing new parents with false reports that their baby has stopped breathing." But worst for privacy was the $1,200 "Revol" baby bassinet — equipped with a camera, a microphone, and a radar sensor. The video also mocks Samsung's "AI Home" initiative which let you answer phone calls with your washing machine, oven, or refrigerator. (And LG's overpowered "smart" refrigerator won the "Overall Worst in Show" award.)

One of the scariest presentations came from Paul Roberts, founder of SecuRepairs, a group advocating both cybersecurity and the right to repair. Roberts notes that about 65% of the routers sold in the U.S. are from a Chinese company named TP-Link — both wifi routers and the wifi/ethernet routers sold for homes and small offices.Roberts reminded viewers that in October, Microsoft reported "thousands" of compromised routers — most of them manufactured by TP-Link — were found working together in a malicious network trying to crack passwords and penetrate "think tanks, government organizations, non-governmental organizations, law firms, defense industrial base, and others" in North America and in Europe. The U.S. Justice Department soon launched an investigation (as did the U.S. Commerce Department) into TP-Link's ties to China's government and military, according to a SecuRepairs blog post.

The reason? "As a China-based company, TP-Link is required by law to disclose flaws it discovers in its software to China's Ministry of Industry and Information Technology before making them public." Inevitably, this creates a window "to exploit the publicly undisclosed flaw... That fact, and the coincidence of TP-Link devices playing a role in state-sponsored hacking campaigns, raises the prospects of the U.S. government declaring a ban on the sale of TP-Link technology at some point in the next year."

TP-Link won the award for the worst in security.

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