Nvidia is now the third most valuable company in the U.S., surpassing Google parent Alphabet and Amazon. It's only behind Apple and Microsoft in terms of market cap. CNBC reports: Nvidia rose over 2% to close at $739.00 per share, giving it a market value of $1.83 trillion to Google's $1.82 trillion market cap. The move comes one day after Nvidia surpassed Amazon in terms of market value. The symbolic milestone is more confirmation that Nvidia has become a Wall Street darling on the back of elevated AI chip sales, valued even more highly than some of the large software companies and cloud providers that develop and integrate AI technology into their products.

Nvidia shares are up over 221% over the past 12 months on robust demand for its AI server chips that can cost more than $20,000 each. Companies like Google and Amazon need thousands of them for their cloud services. Before the recent AI boom, Nvidia was best known for consumer graphics processors it sold to PC makers to build gaming computers, a less lucrative market.

Lyft Chief Executive Officer David Risher's response to a clerical error that unintentionally inflated the company's earnings outlook on Tuesday and sent shares soaring: "My bad." From a report: "First of all, it's on me," Risher said in an interview with Bloomberg Television on Wednesday, taking the blame for a typo in a company press release Tuesday that erroneously projected a particular measure of earnings margin to expand by an eye-watering 500 basis points. (In reality, Lyft expects margins to grow by 50 basis points.) "This was a bad error," he said, "but it was one zero in a press release."

The typo, which actually appeared in multiple company documents on Tuesday, helped drive a 67% surge in Lyft's shares in after-hours trading. The mistake was a serious one, Risher said. But it shouldn't take away from Lyft's "butt-kicking" financial performance, he said. Risher said his team at Lyft was taking the error very seriously and noted it was corrected "within seconds of finding it." But in fact, on a call with analysts to discuss the quarterly results, Lyft executives didn't immediately note the error in their opening remarks. Lyft Chief Financial Officer Erin Brewer just began referring to the company's outlook for a 50-basis-point expansion. It wasn't until later in the call, when an analyst pointed out the discrepancy, that Brewer acknowledged her outlook was "actually a correction from the press release."

Jensen Huang took an indirect jab at Sam Altman when he said $7 trillion can buy "apparently all the GPUs." From a report: The Nvidia CEO made the quip at the World Governments Summit in Dubai on Monday when asked how many GPU chips that much money could buy. Altman, the OpenAI chief, is reportedly trying to raise trillions to boost supplies of the chips needed for AI processing. Huang told the United Arab Emirates' AI minister, Omar Al Olama, that developing AI wouldn't cost as much as the amount Altman is seeking to raise. The Nvidia CEO said AI infrastructure costs would be considerably less than the $5 trillion to $7 trillion Altman is reportedly trying to raise because of expected advances in computing.

"You can't assume just that you will buy more computers. You have to also assume that the computers are going to become faster and therefore the total amount that you need is not as much," Huang said. He also suggested that the cost of building AI data centers globally would amount to $2 trillion by 2029. Huang said: "There's about a trillion dollars' worth of installed base of data centers. Over the course of the next four or five years, we'll have $2 trillion worth of data centers that will be powering software around the world."

A class-action lawsuit alleges (PDF) that Amazon manipulates its platform through a biased algorithm to favor the "Buy Box" for items that generate higher fees for Amazon, often leading consumers to overpay for products that could be obtained cheaper and just as quickly from other sellers on the platform. Ars Technica reports: The lawsuit claims that a biased algorithm drives Amazon's "Buy Box," which appears on an item's page and prompts shoppers to "Buy Now" or "Add to Cart." According to customers suing, nearly 98 percent of Amazon sales are of items featured in the Buy Box, because customers allegedly "reasonably" believe that featured items offer the best deal on the platform.

"But they are often wrong," the complaint said, claiming that instead, Amazon features items from its own retailers and sellers that participate in Fulfillment By Amazon (FBA), both of which pay Amazon higher fees and gain secret perks like appearing in the Buy Box. "The result is that consumers routinely overpay for items that are available at lower prices from other sellers on Amazonâ"not because consumers don't care about price, or because they're making informed purchasing decisions, but because Amazon has chosen to display the offers for which it will earn the highest fees," the complaint said.

Authorities in the US and the European Union have investigated Amazon's allegedly anticompetitive Buy Box algorithm, confirming that it's "favored FBA sellers since at least 2016," the complaint said. In 2021, Amazon was fined more than $1 billion by the Italian Competition Authority over these unfair practices, and in 2022, the European Commission ordered Amazon to "apply equal treatment to all sellers when deciding what to feature in the Buy Box." These investigations served as the first public notice that Amazon's Buy Box couldn't be trusted, customers suing said. Amazon claimed that the algorithm was fixed in 2020, but so far, Amazon does not appear to have addressed all concerns over its Buy Box algorithm. As of 2023, European regulators have continued pushing Amazon "to take further action to remedy its Buy Box bias in their respective jurisdictions," the customers' complaint said.

Remember "Servo," Mozilla's "next-generation browser engine," focused on performance and robustness?

"The developers of Servo are starting 2024 by going all in..." reports It's FOSS News, citing a social media post from FOSDEM. "[T]he Servo Project team were there showing off the work done so far." If you were not familiar, Servo is an experimental browser engine that leverages the power of Rust to provide a memory-safe and modular experience that is highly adaptable. After Mozilla created Servo back in 2012 as a research project, it saw its share of ups and downs over the years, with it making a comeback in 2023; thanks to a fresh approach by the developers on how Servo should move forward.

Even though there are plenty of open source Chrome alternatives, with this, there's a chance that we will get some really cool options based on Servo that just might give Blink and Gecko a run for the money! Just a few months back, in September 2023, after The Servo Project officially joined Linux Foundation Europe, the existing contributors from Igalia stepped up their game by taking over the project maintenance. To complement that, at Open Source Summit Europe last year, Manuel Rego from Igalia shared some really useful insights when he presented.

He showcased stuff like the WebGL support, cross-platform support including mobile support for Android and Linux, among other things. They have experimented with Servo for embedded applications use-cases (like running it on Raspberry Pi), and have plans to make advances on it. As far as I can see, it looks like, Servo is faster for Raspberry Pi compared to Chromium. You can explore more such demos on Servo's demo webpage.
2024's roadmap includes "Initial Android support, that will see Servo being made to build on modern Android versions," according to the article, "with the developers publishing nightly APKs on the official website some time in the future."

One fun fact? "Even though Mozilla dropped the experimental project, Firefox still utilizes some servo components in the browser"

Another FOSDOM update from social media: "Thunderbird is also embracing Rust."

America's Federal Aviation Administration "is midway through a review of manufacturing at Boeing," reports the Associated Press, but "already knows that changes must be made in how the government oversees the aircraft manufacturer." FAA Administrator Michael Whitaker suggested that Boeing — under pressure from airlines to produce large numbers of planes — is not paying enough attention to safety.

Whitaker said that FAA has had two challenges since January 5, when an emergency door panel blew off a Boeing 737 Max 9 jetliner over Oregon. "One, what is wrong with this airplane? But two, what's going on with the production at Boeing?" Whitaker told a House subcommittee. "There have been issues in the past. They don't seem to be getting resolved, so we feel like we need to have a heightened level of oversight."

Whitaker, who took over the FAA about three months ago, was making his first appearance on Capitol Hill since the blowout over Oregon.... Whitaker said the FAA is halfway through a six-week audit that has involved placing "about two dozen" inspectors in Boeing's 737 plant in Renton, Washington, and "maybe half a dozen" at a Wichita, Kansas, plant where supplier Spirit AeroSystems makes the fuselages for 737s. The inspectors are looking for gaps in the quality of work during the manufacturing process that might have contributed to a door plug blowing off an Alaska Airlines Max 9 at 16,000 feet over Oregon. Whitaker said he expects the FAA will keep people in the Boeing and Spirit factories after the audit is done, but he said the numbers haven't been determined.

For many years, the FAA has relied on employees of aircraft manufacturers to perform some safety-related work on planes being built by their companies. That saves money for the government, and in theory taps the expertise of industry employees, but it was criticized after two deadly crashes involving Boeing Max 8 planes in 2018 and 2019. "In order to have a truly safe system, it seems to me that we can't rely on the manufacturers themselves to be their own watchdogs," Rep. Colin Allred, D-Texas, said during Tuesday's hearing. Whitaker has said that the self-checking practice — in theory, overseen by FAA inspectors — should be reconsidered, but he again stopped short of saying it should be scrapped. But he said closer monitoring of Boeing is needed.

"The current system is not working because it is not delivering safe aircraft," Whitaker said. "Maybe we need to look at the incentives to make sure safety is getting the appropriate first rung of consideration that it deserves."

Former FTX customers "have reasons to believe they could actually recoup their money," reports CNBC: Bankman-Fried, who could spend the rest of his life behind bars, was found guilty in November on seven criminal counts after roughly $10 billion in customer funds from his company went missing. Some of that money went to pay for Bankman-Fried's lavish lifestyle, but much of it went towards other investments that have, of late, appreciated dramatically in value. Lawyers representing the bankruptcy estate of FTX told a judge in Delaware last week that they expect to fully repay customers and creditors with legitimate claims. Bankruptcy attorney Andrew Dietderich, who works with FTX's new leadership team, said "there is still a great amount of work and risk" ahead in getting all the money back to clients, but that the team has a "strategy to achieve it."

It's a welcome development for the many thousands of customers (reportedly up to a million) who collectively lost billions of dollars in FTX's collapse 15 months ago, when the crypto exchange spiraled into bankruptcy in a matter of days. Given the lightly regulated and unsecured nature of FTX — and the crypto industry at large — those clients faced the real possibility that the vast majority of their money had evaporated. Plenty of failed hedge funds and lenders lost virtually everything during the 2022 crypto winter... [C]rypto was mired in a bear market, with bitcoin trading at around $16,000. It's now above $47,000... FTX's bitcoin stash, which was worth $560 million at the time of the September report, is today valued north of $1 billion.

Bankman-Fried's investments weren't limited to crypto. He also used client money to back startups like Anthropic, the artificial intelligence company founded by ex-OpenAI employees. FTX invested $500 million in Anthropic in 2021, before the generative AI boom. Anthropic's valuation hit $18 billion in December 2023, which would value FTX's roughly 8% stake at about $1.4 billion.
CNBC suggests this could affect the length of Bankman-Fried's prison sentence (which will be determined next month).

There's now also a so-called "FTX IOU" market where investors are selling their debt, CNBC adds. "One financial firm that had lost around $100 million initially sold its FTX debt for 6 cents on the dollar in a new secondary market out of concern that he may never get a better deal. As of December, those claims were going for more than 70 cents on the dollar."

CNBC also reports that FTX "had been negotiating with bidders about a potential reboot of the company, but those efforts were scrapped last month."

Longtime Slashdot reader theodp writes: Our goal," Amazon founder Jeff Bezos explained in a Feb. 2021 Instagram post announcing the location of a second tuition-free @BezosAcademy preschool in Tacoma, WA, "is to unlock the potential in kids to become creative leaders, original thinkers, and lifelong learners -- regardless of their zip code."

Three years later, a new Amazon SEC filing reveals how much zip codes can matter, even to Bezos, the third richest person in the world. GeekWire reports: "A new Amazon [SEC] filing, detailing Jeff Bezos' plan to sell a slice of his stake in the company, sheds fresh light on his move from Seattle to Miami -- and his ability to avoid Washington state's capital gains tax [ironically, earmarked to be funneled into early-childhood education programs and school construction] in the process. The filing reveals that the Amazon founder and executive chairman adopted a trading plan Nov. 8 to sell up to 50 million Amazon shares during a period ending in January 2025. It would be the first time he has sold Amazon stock since 2021. The plan was adopted less than a week after Bezos announced on Instagram, on Nov. 2, that he was leaving his longtime home of Seattle for sunnier skies in Miami. In his Instagram post, Bezos said he wanted to be closer to his parents and Blue Origin space venture in Florida. He did not mention taxes."

"Given Bezos' recent move out of Washington -- where he founded and built Amazon into a global behemoth -- he will also be saving around $600 million in tax expense if he ends up selling the maximum of 50 million shares under the plan, based on the company's current stock price. That's around $600 million in what would have otherwise been tax revenue for his former home state, as The Center Square reported Monday. The capital gains tax, passed in 2021, imposes a 7% tax on any gains of more than $250,000 from the sale of stocks and bonds, with some exceptions. It was challenged in court but ultimately ruled constitutional by the state Supreme Court last year. The tax brought in nearly $900 million in its first year of collection. Revenue goes toward early education and childcare programs, as well as school construction projects."

It's of course no secret that Bezos is no fan of taxes -- he explored founding Amazon on an Indian reservation near San Francisco to avoid taxes, ponied up $100,000 to defeat a proposed WA state income tax aimed at improving WA state public education (joined in the fight by Microsoft and Steve Ballmer), characterized as unconstitutional attempts to make Amazon collect and pay sales taxes, and came under fire by ProPublica for paying no income tax in some years.

Longtime Slashdot reader Alain Williams shares a report from the BBC: Users of Ring video doorbells have reacted angrily to a huge price hike being introduced in March. After buying the devices, customers can pay a subscription to store footage on the cloud, download clips and get discounted products. That subscription is going up 43%, from $44 to $63 per device, per year, for basic plan customers. The firm, which is owned by Amazon, insisted it still provided "some of the best value in the industry." Its customers appear not to to agree.

In a first for Uber since becoming a public company, the ride-hailing service posted its first full-year profit and its stock hit an all-time high Wednesday. "Like its final year as a private company, the last time Uber turned a profit, it got a huge tailwind from investments that helped fuel profits, $1 billion in 2023," reports the Associated Press. "The difference is that Uber has started making money from operations." From the report: Uber and other ride-share companies struggled through the COVID-19 pandemic. The company, whose stock recently joined the S&P 500 index, saw its ride-hailing business stymied as government lockdowns kept millions at home. But Uber has focused on cutting costs and, during the pandemic, building up a then-nascent food-delivery division, which has since become a major revenue driver. Uber's ride-hailing service, meanwhile, has gradually bounced back and the numbers from the fourth quarter suggest both are trending in the right direction.

Delivery revenue grew 6%, and revenue for the ride-share part of the business climbed 34%. Industry analysts also noted growth in the company's membership platform. "Uber One now has roughly 19 million members across 25 countries, wrote William Blair's Ralph Schackart. "Uber One members generate roughly 30% of mobility and delivery gross bookings, up roughly 700 basis points year-over-year." Revenue totaled $9.94 billion, beating Wall Street projections for $9.75 billion. Gross bookings surged 22% from the prior-year period to $37.6 billion. For the year, Uber posted a profit of $1.89 billion, or 87 cents per share, on revenue of $37.28 billion.

A radio station in Alabama has been forced to temporarily shut down after thieves stole a 200ft radio tower. The Guardian reports: WJLX, a station in Jasper, Alabama, was ordered to go off air by the Federal Communications Commission (FCC) after thieves took the station's AM tower last week, the Guardian first learned. "In all my years of being in the business, around the business, everything like that, I have never seen anything like this," WJLX's general manager, Brett Elmore, told the Guardian. "You don't hear of a 200ft tower being stolen," he added.

Elmore said the theft was first discovered last week by a landscaping crew that regularly manages the area nearby the tower, WBRC reported. "They called me and said the tower was gone. And I said, 'What do you mean, the tower is gone?'" Elmore said. The radio tower was previously located in a wooded area, behind a local poultry plant. Elmore said that thieves had cut the tower's wires and somehow removed it. Thieves also stole the station's AM transmitter from a nearby building.

For the small radio station, the theft has had a significant impact. Elmore said the station's property was not insured. Replacing the tower could cost the station anywhere between $100,000 to $150,000, which is "more money than we have," Elmore said. The FCC also notified WJLX on Thursday morning that the station would have to go off the air because of the theft. While WJLX still has its FM transmitter and tower, it is not allowed to operate its FM transmitter while the AM station is off the air. "I had a guy from Virginia call yesterday and say, 'You know, I think a helicopter grabbed [the tower],'" Elmore said. He's hoping that surveillance video from the nearby poultry plant or witnesses nearby can help figure out who stole the station's tower.

Mozilla, which manages the open-source Firefox browser, announced today that Mitchell Baker is stepping down as CEO to focus on AI and internet safety as chair of the nonprofit foundation. Laura Chambers, a Mozilla board member and entrepreneur with experience at Airbnb, PayPal, and eBay, will step in as interim CEO to run operations until a permanent replacement is found. Fortune: Baker, a Silicon Valley pioneer who co-founded the Mozilla Project, says it was her decision to step down as CEO, adding that the move is motivated by a sense of urgency over the current state of the internet and public trust. "We want to offer an alternative for people to have better products," says Baker, who wants to draw more attention to policies, products and processes to challenge business models built on fueling outrage. "What are the connections between this global malaise and how humans are engaging with each other and technology?"

Chambers says she plans to focus on building out new products that address growing privacy concerns while actively looking for a full-time CEO. Prior to being recruited to the Mozilla board three years ago, Chambers says she was feeling "pretty disillusioned" about society because of the influence of money in politics and the growing power of the tech giants. "I was confused about what to do and this felt like a genuine way to make an impact." Chambers says she won't be seeking a permanent CEO role because she plans to move back to Australia later this year for family reasons. "I think this is an example of Mozilla doing the right role modelling in how to manage a succession," says Chambers.

Slashdot reader Press2ToContinue shared this report from WION: : The Hong Kong branch of a multinational company has lost $25.6 million after a scammer used deepfake technology to pose as the firm's chief financial officer (CFO) in a video conference call and ordered money transfers, according to the police, in what is being highlighted as first of its kind cases in the city.

The transaction was ordered during a meeting where it was found that everyone present on the video call except the victim were deepfakes of real people, said the Hong Kong police, on Friday (Feb 2)...

Scammers in this case used deepfake technology to turn publicly available video and other footage of staff members into convincing meeting participants.

The Guardian reports: The fossil fuel industry funded some of the world's most foundational climate science as early as 1954, newly unearthed documents have shown, including the early research of Charles Keeling, famous for the so-called "Keeling curve" that has charted the upward march of the Earth's carbon dioxide levels. A coalition of oil and car manufacturing interests provided $13,814 (about $158,000 in today's money) in December 1954 to fund Keeling's earliest work in measuring CO2 levels across the western US, the documents reveal...

Experts say the documents show the fossil fuel industry had intimate involvement in the inception of modern climate science, along with its warnings of the severe harm climate change will wreak, only to then publicly deny this science for decades and fund ongoing efforts to delay action on the climate crisis. "They contain smoking gun proof that by at least 1954, the fossil fuel industry was on notice about the potential for its products to disrupt Earth's climate on a scale significant to human civilization," said Geoffrey Supran, an expert in historic climate disinformation at the University of Miami. "These findings are a startling confirmation that big oil has had its finger on the pulse of academic climate science for 70 years — for twice my lifetime — and a reminder that it continues to do so to this day. They make a mockery of the oil industry's denial of basic climate science decades later...."

The oil and gas industry was initially concerned with research related to smog and other direct air pollutants before branching out into related climate change impacts, according to Carroll Muffett, chief executive of the Center for International Environmental Law. "You just come back to the oil and gas industry again and again, they were omnipresent in this space," he said. "The industry was not just on notice but deeply aware of the potential climate implications of its products for going on 70 years." Muffett said the documents add further impetus to efforts in various jurisdictions to hold oil and gas firms legally liable for the damages caused by the climate crisis.

"These documents talk about CO2 emissions having planetary implications, meaning this industry understood extraordinarily early on that fossil fuel combustion was profound on a planetary scale," he said. "There is overwhelming evidence the oil and gas industry has been misleading the public and regulators around the climate risks of their product for 70 years."
Thanks to long-time Slashdot reader smooth wombat for sharing the article.

Nicholas Wise is a fluid dynamics researcher who moonlights as a scientific fraud buster, reports Science magazine. And last June he "was digging around on shady Facebook groups when he came across something he had never seen before." Wise was all too familiar with offers to sell or buy author slots and reviews on scientific papers — the signs of a busy paper mill. Exploiting the growing pressure on scientists worldwide to amass publications even if they lack resources to undertake quality research, these furtive intermediaries by some accounts pump out tens or even hundreds of thousands of articles every year. Many contain made-up data; others are plagiarized or of low quality. Regardless, authors pay to have their names on them, and the mills can make tidy profits.

But what Wise was seeing this time was new. Rather than targeting potential authors and reviewers, someone who called himself Jack Ben, of a firm whose Chinese name translates to Olive Academic, was going for journal editors — offering large sums of cash to these gatekeepers in return for accepting papers for publication. "Sure you will make money from us," Ben promised prospective collaborators in a document linked from the Facebook posts, along with screenshots showing transfers of up to $20,000 or more. In several cases, the recipient's name could be made out through sloppy blurring, as could the titles of two papers. More than 50 journal editors had already signed on, he wrote. There was even an online form for interested editors to fill out...

Publishers and journals, recognizing the threat, have beefed up their research integrity teams and retracted papers, sometimes by the hundreds. They are investing in ways to better spot third-party involvement, such as screening tools meant to flag bogus papers. So cash-rich paper mills have evidently adopted a new tactic: bribing editors and planting their own agents on editorial boards to ensure publication of their manuscripts. An investigation by Science and Retraction Watch, in partnership with Wise and other industry experts, identified several paper mills and more than 30 editors of reputable journals who appear to be involved in this type of activity. Many were guest editors of special issues, which have been flagged in the past as particularly vulnerable to abuse because they are edited separately from the regular journal. But several were regular editors or members of journal editorial boards. And this is likely just the tip of the iceberg.
The spokesperson for one journal publisher tells Science that its editors are receiving bribe offers every week..

Thanks to long-time Slashdot reader schwit1 for sharing the article..

When FTX filed for bankruptcy in November 2022, the defunct cryptocurrency exchange suffered a hack that resulted in more than $380 million in crypto stolen from FTX's virtual wallets. It turns out that FTX was hit with a SIM-swapping scam orchestrated by ringleader Robert Powell. Powell, along with Carter Rohn and Emily Hernandez, have been indicted and are due to appear in Chicago federal court later Friday for a detention hearing. CNBC reports: The three defendants are charged with conspiracy to commit wire fraud and conspiracy to commit aggravated identity theft and access device fraud, in a scheme that ran from March 2021 to last April, and involved the co-conspirators traveling to cellphone retail stores in more than 15 states. The indictment says the trio shared the personal identifying information of more than 50 victims, created fake identification documents in the victims' names, impersonated them and then accessed their victims' "online, financial and social media accounts for the purpose of stealing money and data."

The scheme relied on duping phone companies into swapping the Subscriber Identity Module of cell phone subscribers into a cellphone controlled by members of the conspiracy, the indictment said. That in turn allowed the conspirators to defeat the multifactor authentication protection on the victims' accounts, giving them access to the money in those accounts. The indictment does not identify FTX by name as the main victim of the conspiracy, but the details of the hack described in that charging document align with the details publicly known about the theft from FTX, which was collapsing at the time of the attack.

An anonymous reader quotes a report from Bloomberg: Meta is poised to become Wall Street's top comeback kid. It was only a couple of years back the Facebook owner suffered the single biggest market value destruction in stock-market history. But the company has come a long way since then, on Thursday it dazzled shareholders with yet another impressive quarterly earnings report as the social media giant focuses on cutting back costs and shoring up billions in profits. The stock rose as much as 21% Friday, poised to add roughly $200 billion to its market capitalization. This would be the biggest single-session market value addition, eclipsing the $190 billion gains made by Apple and Amazon in 2022.

"Solid execution, faster growth, and increased capital structure efficiency improve the outlook from here," Brian Nowak, an analyst at Morgan Stanley, wrote in a note Friday. "Meta's AI pipeline for both users and advertisers is robust, with more tools set to launch and scale throughout '24," he added. Meta, which reduced headcount by 22% in 2023, unveiled plans for a $50 billion stock buyback, and announced its first quarterly dividend on Thursday, a sign to investors that it has money to spare and a reason for them to stick around. While the company is making big cost cuts, it continues to spend aggressively on artificial intelligence advancements, namely in generative AI but also on the background technologies to help feed its social media products and power its ad targeting.

An anonymous reader quotes a report from Reuters: Intel is delaying the construction timeline for its $20 billion chipmaking project in Ohio amid market challenges and the slow rollout of U.S. grant money, the Wall Street Journal reported on Thursday. Its initial timeline had chip-making starting next year. Construction on the manufacturing facilities now is not expected to be finished until late 2026, the report said, citing people involved in the project. Shares of the chipmaker were last down 1.5% in extended trading.

"We are fully committed to completing the project, and construction is continuing. We have made a lot of progress in the last year," an Intel spokesperson said, adding that managing large-scale projects often involves changing timelines. Uncertain demand for its chips used in the traditional server and personal computer markets had led the company to forecast revenue for the first quarter below market estimates late last month. This came as a shift in spending to AI data servers, dominated by rivals Nvidia and aspiring AI competitor Advanced Micro Devices sapped demand for traditional server chips -- Intel's core data center offering.

Snap is recalling all 71,000 of its Pixy flying selfie camera drones because their batteries pose a fire hazard. The Verge reports: Snap and the US Consumer Product Safety Commission say you should "immediately stop using the Pixy Flying Camera, remove the battery and stop charging it" now that there have been four reports of the battery bulging, one fire, and one "minor injury." Then, you can get a full refund for the entire drone and / or any batteries you own -- sounds like we're talking at least $185 back to you, unless you bought it on sale. You don't need a receipt: you can apply for the refund even if you got it as a gift. You can fill out this form to receive a prepaid return label to return the drone. Snap says you will need to safely dispose of the batteries yourself.

Hulu updated its Terms of Service to explicitly ban password sharing outside of "your primary personal residence." Subscribers will need to comply by March 14th, 2024. Here's the new ToS section in full: m. Account Sharing. Unless otherwise permitted by your Service Tier, you may not share your subscription outside of your household. "Household" means the collection of devices associated with your primary personal residence that are used by the individuals who reside therein. Additional usage rules may apply for certain Service Tiers. For more details on our account sharing policy, please visit our Help Center.

We may, in our sole discretion, analyze the use of your account to determine compliance with this Agreement. If we determine, in our sole discretion, that you have violated this Agreement, we may limit or terminate access to the Service and/or take any other steps as permitted by this Agreement (including those set forth in Section 6 of this Agreement). You will be responsible for any use of your account by your household, including compliance with this section. The Verge reports: The new ToS is dated January 25th, 2024; previous versions of the ToS didn't mention account sharing at all. "We're adding limitations on sharing your account outside of your household, and explaining how we may assess your compliance with these limitations," the most important paragraph reads.

Neither the email nor the ToS say how Hulu will measure compliance or how quickly it'll take action, but Hulu will apparently "analyze the use of your account" and it reserves the right to "limit or terminate access" if it decides you've broken the policy. The ToS also suggests there's more info about its account sharing policy at the Hulu Help Center, but we're not seeing any help articles about account sharing right now. Netflix started cracking down on password sharing in the U.S. last May, resulting in the "four single largest days of U.S. user sign-ups since January 2019." The streaming giant later went on to add 2.6 million U.S. subscribers.

Disney Plus enacted a similar plan a few months later.