An anonymous reader quotes a report from TechCrunch: While many vibe-coding startups have become unicorns, with valuations in the billions, one area where AI-assisted coding has not yet taken off is on mobile devices. Despite the numerous apps now available that offer vibe-coding tools on mobile platforms, none are gaining noticeable downloads, and few are generating any revenue at all. According to an analysis of global app store trends by the app intelligence provider Appfigures, only a small handful of mobile apps offering vibe-coding tools have seen any downloads, let alone generated revenue.

The largest of these is Instance: AI App Builder, which has seen only 16,000 downloads and $1,000 in consumer spending. The next largest app, Vibe Studio, has pulled in just 4,000 downloads but has made no money. This situation could still change, of course. The market is young, and vibe-coding apps continue to improve and work out the bugs. New apps in this space are arriving all the time, too. This year, a startup called Vibecode launched with $9.4 million in seed funding from Reddit co-founder Alexis Ohanian's Seven Seven Six. The company's service allows users to create mobile apps using AI within its own iOS app. Vibecode is so new, Appfigures doesn't yet have data on it. For now, most people who want to toy around with vibe-coding technology are doing so on the desktop.

An anonymous reader quotes a report from Fortune: The dramatic rise in unemployment among Americans under 25 -- especially recent graduates -- has become one of the most troubling economic headlines of 2025. Recent insights from economists, central bankers, and labor market analysts signal that this appears to be a uniquely American challenge, underpinned by a "no hire, no fire" economy rather than solely by the rapid ascent of artificial intelligence.

For many Gen Z workers, the struggle to land a job can feel isolating and fuel self-doubt. But that frustration recently got some high-level validation: Federal Reserve Chair Jerome Powell echoed economists' concerns about the cooling labor market, telling reporters at his regular press conference following the Federal Open Market Committee that it's an "interesting labor market" right now, adding that "kids coming out of college and younger people, minorities, are having a hard time finding jobs." Noting a low job finding rate, along with a low redundancy rate, he said, "you've got a low firing, low hiring environment." and noting that it's harder than ever for young jobseekers to break in.

While recent months have been dubbed by Deutsche Bank "the summer AI turned ugly," and some major studies find AI adoption disrupting some entry-level roles, Powell was less sure. AI "may be part of the story," but he insisted the main drivers are a broadly slowed economy and hiring restraint. Top economists at Goldman Sachs and UBS tackled the subject soon after and found Powell to be mostly on the money. This isn't an AI story, at least not yet. "The U.S. labor market experience is peculiar," said Paul Donovan, UBS Chief Economist. "Young Euro area workers have a record low unemployment rate. In the UK, the young persons' unemployment rate has fallen steadily. Employment participation by young Japanese workers is near all-time highs. It seems highly implausible that AI uniquely hurts the employment prospects of younger US workers."

"It might be tempting to blame technology... Machines, robots, or computers replacing humans is an ever-popular dystopian scenario." Donovan concludes that the U.S. pattern "more convincingly fits a broader hiring freeze narrative, affecting new entrants to the workforce."

Goldman Sachs economist Pierfrancesco Mei said last Thursday that "finding a job takes longer in a low-turnover labor market." He argued that "job reallocation," or the pace at which new jobs are created and existing ones destroyed, has been on the decline since the late 1990s... "almost all the variation in turnover since the Great Recession mostly falls on younger workers" and is taking place as "churn." Goldman found that in 2019, it took a young unemployed worker about 10 weeks to find a new job in a low-churn state; now that's 12 weeks on average.

An anonymous reader quotes a report from CalMatters: A California attorney must pay a $10,000 fine for filing a state court appeal full of fake quotations generated by the artificial intelligence tool ChatGPT. The fine appears to be the largest issued over AI fabrications by a California court and came with a blistering opinion (PDF) stating that 21 of 23 quotes from cases cited in the attorney's opening brief were made up. It also noted that numerous out-of-state and federal courts have confronted attorneys for citing fake legal authority. "We therefore publish this opinion as a warning," it continued. "Simply stated, no brief, pleading, motion, or any other paper filed in any court should contain any citations -- whether provided by generative AI or any other source -- that the attorney responsible for submitting the pleading has not personally read and verified."

The opinion, issued 10 days ago in California's 2nd District Court of Appeal, is a clear example of why the state's legal authorities are scrambling to regulate the use of AI in the judiciary. The state's Judicial Council two weeks ago issued guidelines requiring judges and court staff to either ban generative AI or adopt a generative AI use policy by Dec. 15. Meanwhile, the California Bar Association is considering whether to strengthen its code of conduct to account for various forms of AI following a request by the California Supreme Court last month.

The Los Angeles-area attorney fined last week, Amir Mostafavi, told the court that he did not read text generated by the AI model before submitting the appeal in July 2023, months after OpenAI marketed ChatGPT as capable of passing the bar exam. A three-judge panel fined him for filing a frivolous appeal, violating court rules, citing fake cases, and wasting the court's time and the taxpayers money, according to the opinion. Mostafavi told CalMatters he wrote the appeal and then used ChatGPT to try and improve it. He said that he didn't know it would add case citations or make things up.

Subscribing to an online service is often as easy as a click of a button. Is it illegal if it takes a maze of clicks to cancel? That issue is at the heart of a civil trial beginning this week that will scrutinize the tactics Amazon uses to entice consumers to sign up for its signature Prime service -- and to steer them away from leaving. WSJ: The Federal Trade Commission alleges the online giant has duped nearly 40 million customers, in violation of consumer-protection laws. It is seeking civil penalties, refunds to consumers and a court order prohibiting Amazon from using subscription practices that could confuse or deceive customers. The case, which will unfold in a Seattle courtroom, is a top test of the agency's enforcement campaign against allegedly deceptive digital subscription practices.

Amazon's Prime membership, the largest paid subscription program in the world with at least 200 million users, has helped the company become an integral part of consumers' shopping habits. The FTC, which sued Amazon in 2023, alleges the company tricked people into signing up for the service without their knowledge or consent, including by obscuring details about billing and the terms of free trials. It says Amazon created a labyrinth to make it hard to cancel, which the company dubbed "Iliad," a reference to Homer's epic about the long, arduous Trojan War. The FTC says Amazon required customers to navigate four webpages and chose from 15 options to cancel a Prime membership. The company streamlined the process in April 2023, ahead of the filing of the criminal complaint.

The FTC won an initial pretrial victory last week when a federal judge ruled that Amazon did violate consumer-protection laws by taking Prime members' billing information before disclosing the terms of the membership. But he said jurors still would have to consider whether the customers gave their consent to enroll and whether Amazon provided a simple cancellation mechanism.

Major U.S. corporations are mandating more office time but seeing minimal compliance changes. Companies now require 12% more in-office days than in early 2024, according to Work Forward data tracking 9,000 employers. Yet Americans continue working from home approximately 25% of the time, unchanged from 2023, Stanford economist Nicholas Bloom's monthly survey of 10,000 Americans shows.

The New York Times ordered opinion and newsroom staff to four days weekly starting November. Microsoft mandates three days beginning February for Pacific Northwest employees. Paramount and NBCUniversal gave staff ultimatums: commit to five and four days respectively or take buyouts. Amazon faced desk and parking shortages after its full-time mandate, temporarily backpedaling in Houston and New York. Nearly half of senior managers would accept pay cuts to work remotely, a BambooHR survey of 1,500 salaried employees found.

Reddit's content became AI training data last year when Google signed a $60 million-per-year licensing agreement. But now Reddit is "in early talks" about a new deal seeking "deeper integration with Google's AI products," reports Bloomberg (citing executives familiar with the discussions).

And Reddit also wants "a deal structure that could allow for dynamic pricing, where the social platform can be paid more" — with both Google and OpenAI — to "adequately reflect how valuable their data has been to these platforms..." Such licensing agreements are becoming more common as AI companies seek legal ways to train their models. OpenAI has also struck a series of partnership agreements with major media publishers such as Axel Springer SE, Time and Conde Nast to use their content in ChatGPT...

Reddit remains among the most cited sources across AI platforms, according to analytics company Profound AI. However, Reddit executives have noticed that traffic coming from Google has limited value, as users seeking answers to a specific question often don't convert into becoming active Redditors, the people said. Now, Reddit is engaging with product teams at Google in hopes of finding ways to send more of its users deeper into its ecosystem of community forums, according to the executives. In return, Reddit is looking for ways to provide more high-quality data to its AI partners. Discussions between Reddit and Google have been productive, the people said. "We're midflight in our data licensing deals and still learning, but what we have seen is that Reddit data is highly cited and valued," Reddit Chief Operating Officer Jen Wong said on July 31 during a call with investors. "We'll continue to evaluate as we go."

Long-time Slashdot reader theodp writes: Over at the Communications of the ACM, Bard College CS Prof Valerie Barr explains why she's Feeling Cranky About AI and CS Education. Having seen CS education go through a number of we-have-to-teach-this moments over the decades — introductory programming languages, the Web, Data Science, etc. — Barr turns her attention to the next hand-wringing "what will we do" CS education moment with AI.

"We're jumping through hoops without stopping first to question the run-away train," Barr writes...

Barr calls for stepping back from "the industry assertion that the ship has sailed, every student needs to use AI early and often, and there is no future application that isn't going to use AI in some way" and instead thoughtfully "articulate what sort of future problem solvers and software developers we want to graduate from our programs, and determine ways in which the incorporation of AI can help us get there."
From the article: In much discussion about CS education:

a.) There's little interest in interrogating the downsides of generative AI, such as the environmental impact, the data theft impact, the treatment and exploitation of data workers.

b.) There's little interest in considering the extent to which, by incorporating generative AI into our teaching, we end up supporting a handful of companies that are burning billions in a vain attempt to each achieve performance that is a scintilla better than everyone else's.

c.) There's little interest in thinking about what's going to happen when the LLM companies decide that they have plateaued, that there's no more money to burn/spend, and a bunch of them fold—but we've perturbed education to such an extent that our students can no longer function without their AI helpers.

Near Microsoft's headquarters in Redmond, the Five Stones coffee shop advertised for a barista a few months ago — and started getting resumes from "people who listed Microsoft and other tech companies," writes the Wall Street Journal: The applicants typically had master's degrees and experience in graphic design or marketing roles, Andrews said — sometimes senior ones. They were applying to jobs at Five Stones that would pay Redmond's minimum wage, $16.66 an hour. Five Stones hasn't yet hired such candidates because the coffee shop gives priority to more traditional entry-level baristas, like high-schoolers...

[Microsoft and Amazon] have laid off more than 46,000 employees since 2023, according to Layoffs.fyi, which tracks workforce reductions. That represents 85% of layoffs by Seattle-area tech companies... As Amazon and Microsoft have made cuts — and other local tech firms including Expedia and Redfin have followed suit — the effects have rippled through Seattle's other business sectors. Weakness in payroll and sales tax contributed to a projected $146 million shortfall in revenue over the next two years. Restaurant and retail spending is down in the business and shopping districts surrounding Amazon's and Microsoft's campuses, with total transactions falling by as much as 7% in some popular areas in the past year, according to data from Square. In the first half of 2025, around 450 restaurants closed in Seattle, or about 16% of its total. "At the halfway point of the year, we've already seen as many closures as we'd usually see in a full year," said Anthony Anton, chief executive officer of the Washington Hospitality Association.

Uber driver Juan Prado made six figures in 2021, often shuttling passengers in town for job interviews and doing frequent drop-offs near downtown tech offices. Now, he said, demand is much lower. "There are moments where you can be online, and in certain areas, it shows nothing...." Seattle tech firms are asking for significantly fewer job placements than years ago, said Noelle McDonald, senior vice president at recruiting company Aquent, which counts Amazon and Microsoft as clients. Hiring windows have lengthened and open roles receive around 10 times as many applications.
And of course, "Commercial real-estate vacancies stand at a record high as offices built to accommodate a boom sit empty... "

While some laid-off employees launched their own startups, "the outlook for many tech workers is dour as companies invest in software tools they can use to streamline teams," the article points out. Microsoft CEO Satya Nadella "has said the company is increasingly looking to AI to perform coding and other tasks once done by people," while in June, Amazon "said its workforce would shrink going forward."

An anonymous reader quotes a report from Bloomberg: Gen Z borrowers took the biggest hit of any age group this year, helping pull overall credit scores lower in the worst year for US consumer credit quality since the global financial crisis roiled the world's economy. The average FICO score slipped to 715 in April from 717 a year earlier, marking the second consecutive year-over-year drop, according to a report released Tuesday by Fair Isaac Corp. The average score dropped three points to 687 in 2009.

Gen Z borrowers saw the largest drop, not only this year, but of any age group since 2020, with their average score falling three points to 676, the Montana-based creator of the FICO credit score said. FICO scores are a measure of consumer credit risk and are frequently used by US banks to assess whether to provide loans. The scores typically range from 300 to 850. The credit scoring agency attributed the recent overall drop to higher rates of utilization and delinquency, including the resumption of reporting student loan delinquencies -- a category that hit a record high of 3.1% of the entire scorable population. [...] While the overall average score dropped, the median FICO score continued to rise to 745 from 744 a year ago, indicating that a large drop in scores at the low end dragged down the average.

An anonymous reader quotes a report from Reuters: On the outskirts of this city of 21 million, a showroom in a shopping mall offers extraordinary deals on new cars. Visitors can choose from some 5,000 vehicles. Locally made Audis are 50% off. A seven-seater SUV from China's FAW is about $22,300, more than 60% below its sticker price. These deals -- offered by a company called Zcar, which says it buys in bulk from automakers and dealerships -- are only possible because China has too many cars. Years of subsidies and other government policies have aimed to make China a global automotive power and the world's electric-vehicle leader. Domestic automakers have achieved those goals and more -- and that's the problem.

China has more domestic brands making more cars than the world's biggest car market can absorb because the industry is striving to hit production targets influenced by government policy, instead of consumer demand, a Reuters examination has found. That makes turning a profit nearly impossible for almost all automakers here, industry executives say. Chinese electric vehicles start at less than $10,000; in the U.S., automakers offer just a few under $35,000. Most Chinese dealers can't make money, either, according to an industry survey published last month, because their lots are jammed with excess inventory. Dealers have responded by slashing prices. Some retailers register and insure unsold cars in bulk, a maneuver that allows automakers to record them as sold while helping dealers to qualify for factory rebates and bonuses from manufacturers.

Unwanted vehicles get dumped onto gray-market traders like Zcar. Some surface on TikTok-style social-media sites in fire sales. Others are rebranded as "used" -- even though their odometers show no mileage -- and shipped overseas. Some wind up abandoned in weedy car graveyards. These unusual practices are symptoms of a vastly oversupplied market -- and point to a potential shakeout mirroring turmoil in China's property market and solar industry, according to many industry figures and analysts. They stem from government policies that prioritize boosting sales and market share -- in service of larger goals for employment and economic growth -- over profitability and sustainable competition. Local governments offer cheap land and subsidies to automakers in exchange for production and tax-revenue commitments, multiplying overcapacity across the country.

At a Senate hearing, grieving parents testified that companion chatbots from major tech companies encouraged their children toward self-harm, suicide, and violence. One mom even claimed that Character.AI tried to "silence" her by forcing her into arbitration. Ars Technica reports: At the Senate Judiciary Committee's Subcommittee on Crime and Counterterrorism hearing, one mom, identified as "Jane Doe," shared her son's story for the first time publicly after suing Character.AI. She explained that she had four kids, including a son with autism who wasn't allowed on social media but found C.AI's app -- which was previously marketed to kids under 12 and let them talk to bots branded as celebrities, like Billie Eilish -- and quickly became unrecognizable. Within months, he "developed abuse-like behaviors and paranoia, daily panic attacks, isolation, self-harm, and homicidal thoughts," his mom testified.

"He stopped eating and bathing," Doe said. "He lost 20 pounds. He withdrew from our family. He would yell and scream and swear at us, which he never did that before, and one day he cut his arm open with a knife in front of his siblings and me." It wasn't until her son attacked her for taking away his phone that Doe found her son's C.AI chat logs, which she said showed he'd been exposed to sexual exploitation (including interactions that "mimicked incest"), emotional abuse, and manipulation. Setting screen time limits didn't stop her son's spiral into violence and self-harm, Doe said. In fact, the chatbot urged her son that killing his parents "would be an understandable response" to them.

"When I discovered the chatbot conversations on his phone, I felt like I had been punched in the throat and the wind had been knocked out of me," Doe said. "The chatbot -- or really in my mind the people programming it -- encouraged my son to mutilate himself, then blamed us, and convinced [him] not to seek help." All her children have been traumatized by the experience, Doe told Senators, and her son was diagnosed as at suicide risk and had to be moved to a residential treatment center, requiring "constant monitoring to keep him alive." Prioritizing her son's health, Doe did not immediately seek to fight C.AI to force changes, but another mom's story -- Megan Garcia, whose son Sewell died by suicide after C.AI bots repeatedly encouraged suicidal ideation -- gave Doe courage to seek accountability.

However, Doe claimed that C.AI tried to "silence" her by forcing her into arbitration. C.AI argued that because her son signed up for the service at the age of 15, it bound her to the platform's terms. That move might have ensured the chatbot maker only faced a maximum liability of $100 for the alleged harms, Doe told senators, but "once they forced arbitration, they refused to participate," Doe said. Doe suspected that C.AI's alleged tactics to frustrate arbitration were designed to keep her son's story out of the public view. And after she refused to give up, she claimed that C.AI "re-traumatized" her son by compelling him to give a deposition "while he is in a mental health institution" and "against the advice of the mental health team." "This company had no concern for his well-being," Doe testified. "They have silenced us the way abusers silence victims." A Character.AI spokesperson told Ars that C.AI sends "our deepest sympathies" to concerned parents and their families but denies pushing for a maximum payout of $100 in Jane Doe's case. C.AI never "made an offer to Jane Doe of $100 or ever asserted that liability in Jane Doe's case is limited to $100," the spokesperson said.

One of Doe's lawyers backed up her clients' testimony, citing C.AI terms that suggested C.AI's liability was limited to either $100 or the amount that Doe's son paid for the service, whichever was greater.

Microsoft will invest $30 billion in the U.K. through 2028 to expand AI infrastructure and operations, including building the country's largest supercomputer with 23,000 GPUs in partnership with Nscale. CNBC reports: On a call with reporters on Tuesday, Microsoft President Brad Smith said his stance on the U.K. has warmed over the years. He previously criticized the country over its attempt in 2023 to block the tech giant's $69 billion acquisition of video game developer Activision-Blizzard. The deal was cleared by the U.K.s competition regulator later that year.

"I haven't always been optimistic every single day about the business climate in the U.K.," Smith said. However, he added, "I am very encouraged by the steps that the government has taken over the last few years." "Just a few years ago, this kind of investment would have been inconceivable because of the regulatory climate then and because there just wasn't the need or demand for this kind of large AI investment," Smith said. Microsoft's announcement comes as President Donald Trump embarks on a state visit to Britain where he's expected to sign a new deal with U.K. Prime Minister Keir Starmer "to unlock investment and collaboration in AI, Quantum, and Nuclear technologies," the government said in a statement late Tuesday.

An anonymous reader shares a report: Apollo is exploring a sale of early internet darling AOL after receiving inbound interest in the business, according to people familiar with the matter. Any deal could value AOL at around $1.5 billion, the people said. It is also possible the talks won't result in any deal, they cautioned.

Apollo bought AOL in 2021 as part of a $5 billion deal to acquire that business and Yahoo from Verizon. AOL generates around $400 million in annual earnings before interest, taxes, depreciation and amortization, the people familiar with the matter said. Its main business lines include software for internet privacy and protection, and the AOL.com website and email domain.

An anonymous reader shares a report: Anyone who surveys the public, from marketers to pollsters, struggles nowadays to get people to answer their questions. That phenomenon afflicts crucial government data, making it harder for policymakers and investors to know the true state of the economy. Falling survey participation is an important reason the flagship jobs report released every month by the Bureau of Labor Statistics, part of the Labor Department, has undergone such big revisions recently.

This has rippled into the political sphere. On Aug. 1, President Trump fired BLS Commissioner Erika McEntarfer after a particularly large downward revision to jobs for May and June that owed partly to late responses from survey participants. The White House and top administration officials increased their attacks on the BLS last week after the agency published an annual revision suggesting the U.S. added 911,000 fewer jobs over the 12 months through March. The BLS blamed the initial overestimate partly on response rates.

[...] One hypothesis is known as survey fatigue: People are being asked to answer too many questionnaires. Jonathan Eggleston, a senior economist at the U.S. Census Bureau, found in a 2024 study that recent participants in that agency's monthly and annual surveys, which are voluntary, were less likely to answer the 2020 census by mail, phone or online, without a knock on the door. Another is the rise of cellphones with caller ID. In the days of landlines, people had to pick up the phone to know who was calling. These days, many decline to answer callers they don't recognize.

Robinhood has filed with the SEC to launch "Robinhood Ventures Fund I," a publicly traded fund designed to give retail investors access to startup shares before IPOs. TechCrunch reports: While the current version of the application is public, Robinhood hasn't filled in the fine-print yet. This means we don't know how many shares it plans to sell, nor other details like the management fee it plans to charge. It's also unclear which startups it hopes this fund will eventually hold. The paperwork says it "expects" to invest in aerospace and defense, AI, fintech, robotics as well as software for consumers and enterprises.

Robinhood's big pitch is that retail investors are being left out of the gains that are amassed by startup investors like VCs. That's true to an extent. "Accredited investors" -- or those with a net worth large enough to handle riskier investments -- already have a variety of ways of buying equity in startups, such as with venture firms like OurCrowd. Retail investors that are not rich enough to be accredited have more limited options. There are funds similar to what Robinhood has proposed, including Cathy Wood's ARK Venture Fund, a mutual fund which holds stakes in companies like Anthropic, Databricks, OpenAI, SpaceX, and others. [...] This new closed-end "Ventures Fund I" is a more classic, mutual fund-style, approach. As to when Robinhood's new fund will be available we don't know that either yet.

President Donald Trump called Monday for companies to report earnings every six months instead of quarterly. Trump posted on social media that semi-annual reporting would save money and let managers focus on running companies. The SEC mandated quarterly reports in 1970. Trump made similar comments in 2018 that prompted SEC public comment but no regulatory changes.

Critics argue quarterly reporting increases costs and encourages short-term thinking. Supporters say frequent disclosures maintain investor trust and reduce market manipulation risks.

Further reading: The Renewed Bid To End Quarterly Earnings Reports.

Toxic fumes from jet engines are leaking into aircraft cabins at an accelerating rate, reaching 108 incidents per million departures in 2024 compared to 12 in 2014, a Wall Street Journal investigation found. The fumes contain neurotoxins and carbon monoxide that have caused brain injuries in crew members. JetBlue flight attendant Florence Chesson suffered permanent neurological damage after inhaling engine oil vapors in 2018, diagnosed by neurologists as equivalent to an NFL linebacker's concussion.

The surge is driven by Airbus A320 aircraft, particularly the A320neo model introduced in 2016. WSJ reports Airbus loosened maintenance requirements under airline pressure despite knowing the changes would increase incidents. The FAA received over 700 fume event reports from major U.S. airlines in 2024. Most commercial jets except Boeing's 787 use a "bleed air" system that pulls cabin air through engines.

America's Federal Trade Commission is investigating whether Amazon and Google misled advertisers placing ads on their websites, reports Bloomberg, and specifically whether the two companies "properly disclosed the terms and pricing for ads." The FTC is seeking details about Amazon's auctions and whether it disclosed "reserve pricing" for some search ads — price floors that advertisers must meet before they can buy an ad, the people said. Separately, the FTC is examining practices by Google, including its internal pricing process and whether it increased the cost of ads in ways that weren't disclosed to advertisers, the people said...

According to one of the people, the FTC's latest investigation emerged from its earlier antitrust case. In that complaint, the agency alleges that Amazon litters its marketplace with irrelevant results for search queries, making it harder for shoppers to find what they are looking for and more expensive for sellers to use the platform. The practice effectively forces sellers to buy ads to make their product appear in response to consumer searches.

TechCrunch reports: Thanks to a pledge to unbundle its corporate messaging app Teams from its productivity suites, Microsoft has managed to slip unscathed through a major antitrust investigation by the European Commission that could have resulted in massive fines for the tech giant.

The Commission on Friday okayed Microsoft's concessions to address the EU's competition concerns over the company including Teams along with the rest of its Office productivity suite for free, concluding a multi-year investigation that was sparked by complaints from rival office messaging app Slack in 2020. Microsoft has promised that for the next seven years, it will provide Microsoft 365 and Office 365 without Teams at a lower price and will let customers choose whether they want to pay more to add the collaboration app to the suites...

Microsoft is voluntarily offering some versions of both its productivity suites without Teams at a 50% lower price compared to versions that bundle the app, worldwide. And Microsoft dodged punitive measures and a big fine, as the Commission's penalties for breaching competition rules can reach up to 10% of annual global revenue — which, considering the tech giant last year recorded $245 billion in revenue, would have been truckloads of money.
The article adds one more interesting detail. "The Commission has also managed to get Microsoft to agree to open up its APIs to enable interoperability for key features between its suite and third-party messaging and collaboration tools, as well as let them export their data out of teams for the next five years..." The Commission's official announcement says this will "open up the market for other providers of communication and collaboration tools in Europe."

And Microsoft will also allow customers with long-term licenses the option of switching to a suite switch without Teams...

Paramount and Comcast's NBCUniversal are joining Microsoft in telling employees "they could face consequences if they don't return to the office more frequently," reports the Washington Post: NBCUniversal sent a memo to its employees telling them to return to the office four days a week starting in January [with the option to work remotely on Fridays]. Last week, Paramount told employees to return five days a week, with the first group starting in January. Both Paramount and NBCUniversal said they would offer severance packages to eligible employees who are unwilling or unable to make the switch... Companies have been cracking down on flexible work for the past several years, with Goldman Sachs being one of the first to implement a five-day office policy. Since then, others have joined in including Amazon, AT&T, JPMorgan Chase and the federal government...

Overall, the number of people working full time in office hasn't changed much over the past couple of years. About 61.7 percent of salaried employees worked from an office full time in August, according to data from university researchers Jose Maria Barrero, Nicholas Bloom and Steven J. Davis, who are studying the matter. That is down one percentage point from August 2024, their research shows. During the same period, the amount of people working remotely dropped two percentage points and those working hybrid schedules increased three points.

While most of the big office pushes are coming from some of the largest employers in the nation, the majority of companies in the United States aren't requiring full-time office work, said Brian Elliott [publisher of the Flex Index, which tracks flexible policies, and CEO]. And about half of U.S. workers are employed by smaller companies, he added. Some companies are capitalizing on the mandates, using flexible policies as a way to poach talent from their competitors, he said....

Some employers are using office mandates to purposely shed workers. An August report from the Federal Reserve Bank shows that "multiple districts reported reducing headcounts through attrition — encouraged, at times, by return-to-office policies and facilitated, at times, by greater automation, including new AI tools." Still, with fewer job openings in the market, some employees will have to comply with office mandates.
Announcing their return-to-office mandates, employers gave the following reasons:

• "In-person collaboration is absolutely vital to building and strengthening our culture and driving the success of our business. Being together helps us innovate, solve problems, share ideas, create, challenge one another, and build the relationships that will make this company great."
  
  -- Paramount CEO David Ellison (in a memo to staff)

• "It has become increasingly clear that we are better when we are together. As we have all experienced, in-person work and collaboration spark innovation, promote creativity, and build stronger connections."
  
  -- Adam Miller, NBCUniversal chief operating officer (in a memo to staff)