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[33]Close binspamdupenotthebestofftopicslownewsdaystalestupid freshfunnyinsightfulinterestingmaybe offtopicflamebaittrollredundantoverrated insightfulinterestinginformativefunnyunderrated descriptive typodupeerror Do you develop on GitHub? You can keep using GitHub but automatically [34]sync your GitHub releases to SourceForge quickly and easily with [35]this tool so your projects have a backup location, and get your project in front of SourceForge's nearly 30 million monthly users. It takes less than a minute. Get new users downloading your project releases today! [36]Sign up for the Slashdot newsletter! or [37]check out the new Slashdot job board to browse remote jobs or jobs in your area [38]× 170876100 story [39]Businesses [40]IBM Chief's Message To Remote Workers: 'Your Career Does Suffer' [41](bloomberg.com) [42]35 Posted by [43]BeauHD on Thursday May 04, 2023 @06:00AM from the remote-versus-in-person-work dept. IBM CEO Arvind Krishna said he's not forcing any of the company's remote workers to come into the office just yet, but warns those who don't "[44]would be hard-pressed to get promoted, especially into managerial roles," reports Bloomberg. From the report: "Being a people manager when you're remote is just tough because if you're managing people, you need to be able to see them once in a while," he said in an interview Monday in New York. "It doesn't need to be every minute. You don't need to function under those old 'Everybody's under my eye' kind of rules, but at least sometimes." "It seems to me that we work better when we are together in person," said Krishna, who described the company's return-to-office policy as "we encourage you to come in, we expect you to come in, we want you to come in." Three days a week is the number they encourage, he said. While about 80% of IBM's employees work from home at least some of the time, Krishna said remote arrangements are best suited for specific "individual contributor" roles like customer service or software programmers. "In the short term you probably can be equally productive, but your career does suffer," he said. "Moving from there to another role is probably less likely because nobody's observing them in another context. It will be tougher. Not impossible, but probably a lot tougher." Krishna, who became CEO right after the pandemic hit in April 2020, said people make a choice to work remotely, but it need not be "a forever choice -- it could be a choice based on convenience or circumstance." Remote workers, he said, don't learn how to do things like deal with a difficult client, or how to make trade-offs when designing a new product. "I don't understand how to do all that remotely," he said. apply tags__________ 170876068 story [45]The Internet [46]Starlink Nixes Plan To Impose 1TB Data Cap and Per-Gigabyte Overage Fees [47](arstechnica.com) [48]22 Posted by [49]BeauHD on Thursday May 04, 2023 @03:00AM from the good-news-everyone dept. In a policy reversal, Starlink [50]no longer plans to charge data overage fees to standard residential users who exceed 1TB of monthly usage. Ars Technica reports: When SpaceX's Starlink division [51]first announced the data cap in November 2022, it said that residential customers would get 1TB of "priority access data" each month. After using 1TB, customers could keep accessing the Internet at slower (but unspecified) speeds or pay $0.25 per gigabyte for "additional priority access." This was originally supposed to take effect in December, but Starlink [52]delayed the change to February and then to April. But now, Starlink's [53]list of support FAQs no longer mentions the residential data cap and the [54]current version of the fair use policy says that standard service plan users have unlimited data. The [55]previous version of the Starlink fair use policy described the 1TB residential cap and optional $0.25-per-gigabyte overage fees. Starlink sent an email to users that said, "Good news! Your Starlink subscription will remain unlimited and will no longer be deprioritized after 1TB of data use." Nathan Owens, a Netflix engineer who frequently tweets about Starlink, [56]posted a screenshot of the email yesterday. apply tags__________ 170875198 story [57]Science [58]Fungal Attacks Threaten Global Food Supply, Say Experts [59]38 Posted by [60]BeauHD on Wednesday May 03, 2023 @11:30PM from the straight-out-of-a-sci-fi-novel dept. An anonymous reader quotes a report from The Guardian: Fast-rising fungal attacks on the world's most important crops [61]threaten the planet's future food supply, scientists have said, warning that failing to tackle fungal pathogens could lead to a "global health catastrophe." Fungi are already by far the biggest destroyer of crops. They are highly resilient, travel long distances on the wind and can feast on large fields of a single crop. They are also extremely adaptable and many have developed resistance to common fungicides. The impact of fungal disease is expected to worsen, the researchers say, as the climate crisis results in temperatures rising and fungal infections moving steadily polewards. Since the 1990s, fungal pathogens have been moving to higher latitudes at a rate of about 7km a year. Wheat stem rust infections, normally found in the tropics, have already been reported in England and Ireland. Higher temperatures also drive the emergence of new variants of the fungal pathogens, while more extreme storms can spread their spores further afield, the scientists say. The scientists said there was also a risk that global heating would increase the heat tolerance of fungi, raising the possibility of them hopping hosts to infect warm-blooded animals and humans. The warning, [62]issued in an article in the scientific journal Nature, said growers already lost between 10% and 23% of their crops to fungal disease. Across the five most important crops -- rice, wheat, maize, soya beans and potatoes -- infections cause annual losses that could feed hundreds of millions of people. Fungi made up the top six in a recent list of pests and pathogens with the biggest impact. Fungi are incredibly resilient, the researchers say, remaining viable in soil for up to 40 years, and their airborne spores can travel between continents. Fungicides are widely used but the pathogens are well equipped to rapidly evolve resistance to treatments that target only a single cellular process. Existing fungicides and conventional breeding for disease resistance are no longer enough, the researchers say. One solution is planting seed mixtures that carry a range of genes that are resistant to fungal infection, rather than monocultures of a single strain. In 2022, about a quarter of wheat in Denmark was grown in this way. Technology may also help, the scientists say, with drones and artificial intelligence allowing earlier detection and control of outbreaks. New pesticides are being developed, with a team at the University of Exeter recently discovering compounds that could lead to chemicals that target several biological processes within the fungi, making resistance much harder to develop. The approach has already been shown to be useful against fungi infecting wheat, rice, corn and bananas. "While that storyline is science fiction, we are warning that we could see a global health catastrophe caused by the rapid global spread of fungal infections," said Sarah Gurr, professor at the University of Exeter and co-author of the report. "The imminent threat here is not about zombies, but about global starvation." apply tags__________ 170875150 story [63]Government [64]Montana's Governor's Changes To TikTok Ban Bill Would Ban All Social Media Entirely [65](techdirt.com) [66]72 Posted by [67]BeauHD on Wednesday May 03, 2023 @10:02PM from the drafting-legislation-is-hard dept. Montana Governor Greg Gianforte has returned an "amendatory veto" to the legislature regarding the state's unconstitutional "[68]ban TikTok" bill, proposing alternative draft language that [69]inadvertently could ban all social media platforms in the state due to poor drafting. The revised language targets any social media application that collects personal information and provides it to a foreign adversary, but since most social media networks collect such information and share it with entities in foreign countries, it would effectively ban all social media in Montana. Techdirt reports: As [1st Amendment lawyer Ari Cohn] points out, the new draft targets any "social media application" that allows for "the collection of personal information or data" and allows for "the personal information or data to be provided to a foreign adversary or a person or entity located within a country designated as a foreign adversary." Now, some might think that sounds reasonable, but the details here matter. And the details reveal that EVERY social media network collects such information and provides it to people located in countries designated as a foreign adversary. And that's because "personal information" is a very broad term, as is "provided." [Ari writes:] "'Surely,' you might think, 'that just covers the data platforms amass by monitoring and tracking us, right?' Perhaps not. The bill doesn't define the term, so who knows what it means in their heads. But we have an idea of what it means out in the real (online) world, by way of the regulations implementing the Children's Online Privacy Protection Act (COPPA). Those regulations include in the definition of 'personal information' things like: First and last name; Online contact information; A screen or user name where it functions in the same manner as online contact information. In other words, the types of information that accompany virtually every piece of content posted on social media. If a platform allows that kind of information to be provided to any foreign adversary or a person or entity located within a foreign adversary, it is banned from Montana. Do you know who might be persons located within a country designated as a foreign adversary? Users. Users who are provided the kinds of 'personal information' that are inherent in the very concept of social media. So, effectively, the bill would ban any social media company that allows any user in China, Russia, Iran, or Cuba to see content from a Montana user (and this is a generous reading, nothing in the bill seems to require that the data/information shared be from a Montana resident). On top of it, each time a user from one of those countries accesses content, platforms would be subject to a $10,000 fine. Do you know which platforms allow people in those countries to access content posted in the United States? All of them. Congratulations, Montana Governor Greg Gianforte. You just managed to accidentally ban all social media for Montanans. Good work." apply tags__________ 170875100 story [70]AI [71]China's AI Industry Barely Slowed By US Chip Export Rules [72](reuters.com) [73]14 Posted by [74]BeauHD on Wednesday May 03, 2023 @09:25PM from the running-into-challenges dept. Export controls [75]imposed by the U.S. on microchips, aiming to hinder China's technological advancements, [76]have had minimal effects on the country's tech sector. While the restrictions have slowed down variants of Nvidia's chips for the Chinese market, it has not halted China's progress in areas like AI, as the reduced performance is still an improvement for Chinese firms, and researchers are finding ways to overcome the limitations. Reuters reports: Nvidia has created variants of its chips for the Chinese market that are slowed down to meet U.S. rules. Industry experts told Reuters the newest one - the Nvidia H800, announced in March - will likely take 10% to 30% longer to carry out some AI tasks and could double some costs compared with Nvidia's fastest U.S. chips. Even the slowed Nvidia chips represent an improvement for Chinese firms. Tencent Holdings, one of China's largest tech companies, in April estimated that systems using Nvidia's H800 will cut the time it takes to train its largest AI system by more than half, from 11 days to four days. "The AI companies that we talk to seem to see the handicap as relatively small and manageable," said Charlie Chai, a Shanghai-based analyst with 86Research. Part of the U.S. strategy in setting the rules was to avoid such a shock that the Chinese would ditch U.S. chips altogether and redouble their own chip-development efforts. "They had to draw the line somewhere, and wherever they drew it, they were going to run into the challenge of how to not be immediately disruptive, but how to also over time degrade China's capability," said one chip industry executive who requested anonymity to talk about private discussions with regulators. The export restrictions have two parts. The first puts a ceiling on a chip's ability to calculate extremely precise numbers, a measure designed to limit supercomputers that can be used in military research. Chip industry sources said that was an effective action. But calculating extremely precise numbers is less relevant in AI work like large language models where the amount of data the chip can chew through is more important. [...] The second U.S. limit is on chip-to-chip transfer speeds, which does affect AI. The models behind technologies such as ChatGPT are too large to fit onto a single chip. Instead, they must be spread over many chips - often thousands at a time -- which all need to communicate with one another. Nvidia has not disclosed the China-only H800 chip's performance details, but a specification sheet seen by Reuters shows a chip-to-chip speed of 400 gigabytes per second, less than half the peak speed of 900 gigabytes per second for Nvidia's flagship H100 chip available outside China. Some in the AI industry believe that is still plenty of speed. Naveen Rao, chief executive of a startup called MosaicML that specializes in helping AI models to run better on limited hardware, estimated a 10-30% system slowdown. "There are ways to get around all this algorithmically," he said. "I don't see this being a boundary for a very long time -- like 10 years." Moreover, AI researchers are trying to slim down the massive systems they have built to cut the cost of training products similar to ChatGPT and other processes. Those will require fewer chips, reducing chip-to-chip communications and lessening the impact of the U.S. speed limits. apply tags__________ 170875064 story [77]Hardware [78]TSMC To Charge Up To 30% More For Chips Made In the US [79](tomshardware.com) [80]25 Posted by [81]BeauHD on Wednesday May 03, 2023 @08:45PM from the made-in-America dept. According to [82]DigiTimes, TSMC [83]will charge an extra 30% more for chips made in American than for chips made in Taiwan. Tom's Hardware reports: TSMC has started discussions with customers about orders and pricing for both overseas plants, which are set to begin commercial production in late 2024. Industry insiders believe that prices of chips produced on TSMC's N4 and N5 process technologies in the U.S. will be 20% -- 30% higher than those in Taiwan, while older process chips produced in Japan's Kumamoto facility on N28/N22 as well as N16/N12 nodes may cost 10% - 15% more than similar chips fabbed in Taiwan. While American chip designers certainly won't appreciate higher costs on chip production in the U.S., it is likely that they will make chips aimed at government and less price-sensitive applications in Arizona. Therefore, they should be able to pass those extra costs on to their customers without risking their competitive positions. Given the high construction and operational costs of fabs in Japan and the U.S., TSMC is going to pass those extra expenses on to customers to maintain its gross margin target of 53%. apply tags__________ 170875012 story [84]Businesses [85]Stripe, a Longtime Partner of Lyft, Signs a Big Deal With Uber [86](techcrunch.com) [87]4 Posted by [88]BeauHD on Wednesday May 03, 2023 @08:02PM from the significant-steps dept. An anonymous reader quotes a report from TechCrunch: Growth at $50 billion fintech Stripe has been slowing this year, but one of its key strategies to reverse that course got a decent push today: Stripe is announcing that it has [89]inked a "strategic payments partnership" with Uber. The pair will work together initially on selected services in eight of Uber's biggest markets, including the U.S., the U.K., Canada, Mexico, Australia and Japan. Some context on this deal: Uber's big U.S. rival Lyft has been a longtime [90]marquee customer of Stripe's for payments, and whether or not it was true, that was one reason some assumed Uber and Stripe would not work together. Uber is, however, a much bigger beast, at close to $100 billion transacted annually (Stripe processed $817 billion last year). And Uber is not just a force globally but in the U.S. specifically, where one estimate from YipIt ([91]via WSJ) puts Uber's rideshare market share currently at a whopping 74%. Lyft will remain a customer of Stripe's, Stripe president Will Gaybrick confirmed to TechCrunch. Financial terms of the deal are not being disclosed, but as with the rest of Stripe's payments business, a big component will come from commissions that Stripe will make from each transaction that it powers on Uber's platform. The Uber partnership, expected to be announced formally later today at Stripe's user conference, comes on the heels of recent enterprise deals Stripe has inked with Amazon, Microsoft and BMW. But this partnership -- for now at least -- is not a global adoption of all that Stripe has to offer. Uber will be using Stripe to break into a specific, new payments frontier. Specifically, it will integrate Stripe Financial Connections and Link to let users import banking details to pay for services like Uber Rides and Eats directly from bank accounts, giving users a payments alternative to credit or debit cards. apply tags__________ 170874988 story [92]Google [93]Gmail Is Adding a Blue Checkmark To Better Verify Senders [94](9to5google.com) [95]57 Posted by [96]BeauHD on Wednesday May 03, 2023 @07:20PM from the doesn't-cost-$8 dept. Google is [97]giving verified senders a blue check mark to more clearly "help users identify messages from legitimate senders versus impersonators." 9to5Google reports: The existing system is based on the Brand Indicators for Message Identification (BIMI) standard, where brand logos appear in the "avatar slot" next to the sender's name and address. For example, instead of a generic "B" against a plain background, Bank of America can show its official flag logo. It's based on strong authentication with DMARC (Domain-based Message Authentication, Reporting, and Conformance) and logo verification "with a VMC, issued by a Certification Authority such as Entrust or DigiCert." Google is now making the feature much more explicit by adding a "checkmark icon for senders that have adopted BIMI" to more clearly "help users identify messages from legitimate senders versus impersonators." The company has shared what this will look like on desktop web. The timing of this launch is somewhat amusing, given the rest of the tech landscape. The icon is a blue seal with a white checkmark in the middle, with users able to hover over it on the web. For example, Google's will say: "This sender of this email has verified that they own google.com and the logo in the profile image. Learn more." The feature is rolling out today and will be available over the coming days and weeks. It'll be available to all Google Workspace customers, legacy G Suite Basic and Business customers, and users with personal Google Accounts. apply tags__________ 170874946 story [98]Facebook [99]FTC Proposes Barring Meta From Monetizing Kids' Data [100](cnbc.com) [101]10 Posted by [102]BeauHD on Wednesday May 03, 2023 @06:40PM from the gaps-and-weaknesses dept. The FTC is proposing to [103]prevent Meta from monetizing children's data due to alleged violations of a 2020 privacy order. CNBC reports: According to the FTC, an independent assessor found "several gaps and weaknesses in Facebook's privacy program" that posed "substantial risks to the public." The company had agreed to independent assessments of its updated privacy program as part of the 2020 settlement, under which Facebook paid a $5 billion civil penalty following an FTC investigation around the Cambridge Analytica data scandal. The FTC alleges Facebook also violated an earlier 2012 order by continuing to allow app developers access to private user information. Facebook allowed third-party apps to access user data until mid-2020 in some cases, the FTC alleges. The FTC is also accusing Meta of violating the Children's Online Privacy Protection Rule by misrepresenting parental controls on its Messenger Kids app. The COPPA Rule requires parental consent for websites to collect personal information from kids under 13. The FTC alleged that while the company marketed that the app would only allow kids to talk with contacts their parents approved, children were able to communicate with additional contacts in group chats or group video calls in some circumstances. As a result, the FTC is proposing to strengthen the terms of the 2020 agreement to put additional restrictions on the company, which would apply to all of Meta's services including Facebook, Instagram, WhatsApp and Oculus. The proposed terms include a blanket ban on monetizing data from users under 18. That means any data collected from these users could only be used for security reasons and any data collected while users are under age could not be later monetized once they turn 18. The FTC also seeks to impose a pause on the company's ability to launch new or modified products or services until the independent assessor confirms in writing that Meta's privacy program is in full compliance with the terms of the agreement. Compliance with the 2020 order would also extend to any companies Meta acquires or merges with. The proposal would also require Meta to get affirmative consent from users for future use of facial recognition technology. Facebook spokesperson Andy Stone called the FTC's move a "political stunt." He said in a statement: "Despite three years of continual engagement with the FTC around our agreement, they provided no opportunity to discuss this new, totally unprecedented theory. We have spent vast resources building and implementing an industry-leading privacy program under the terms of our FTC agreement. We will vigorously fight this action and expect to prevail." apply tags__________ 170874876 story [104]Censorship [105]Finnish Newspaper Uses Secret Room In Counter-Strike To Bypass Russian Censorship [106](theguardian.com) [107]53 Posted by [108]BeauHD on Wednesday May 03, 2023 @06:02PM from the Happy-World-Press-Freedom-Day dept. An anonymous reader quotes a report from The Guardian: A Finnish newspaper is circumventing Russian media restrictions by [109]hiding news reports about the war in Ukraine in an online game popular among Russian gamers. "While Helsingin Sanomat and other foreign independent media are blocked in Russia, online games have not been banned so far," said Antero Mukka, the editor-in-chief of Helsingin Sanomat. The newspaper was bypassing Russia's censorship through the first-person shooter game Counter-Strike, where gamers battle against each other as terrorists and counter-terrorists in timed matches. While the majority of matches are played on about a dozen official levels or maps released by the publisher Valve, players can also create custom maps that anyone can download and use. The newspaper's initiative was unveiled on World Press Freedom Day on Wednesday. "To underline press freedom, [in the game] we have now built a Slavic city, called Voyna, meaning war in Russian," Mukka said. In the basement of one of the apartment buildings that make up the Soviet-inspired cityscape, Helsingin Sanomat hid a room where players can find Russian-language reporting by the newspaper's war correspondents in Ukraine. "In the room, you will find our documentation of what the reality of the war in Ukraine is," Mukka said. The walls of the digital room, lit up by red lights, are plastered with news articles and pictures reporting on events such as the massacres in the Ukrainian towns of Bucha and Irpin. On one of the walls, players can find a map of Ukraine that details reported attacks on the civilian population, while a Russian-language recording reading Helsingin Sanomat articles aloud plays in the background. This was "information that is not available from Russian state propaganda sources", Mukka said. The map has been downloaded more than 2,000 times since its release on Monday. According to Mukka, an estimated 4 million Russians have played Counter-Strike. apply tags__________ 170874316 story [110]Bitcoin [111]Balaji Srinivasan Closes Out $1 Million Bitcoin Bet Early [112](bloomberg.com) [113]39 Posted by msmash on Wednesday May 03, 2023 @05:20PM from the losing-the-battle-to-win-war dept. Balaji Srinivasan, the former chief technology officer of Coinbase Global, said he closed out what [114]appeared to be a losing bet that Bitcoin would rise to $1 million within 90 days. From a report: Srinivasan said he gave $1 million to two organizations, including Bitcoin Core development team at researcher Chaincode Labs, as well as paying $500,000 to someone who goes by James Medlock on Twitter, and who won the wager. The goal of the bet, Srinivasan reiterated in a Twitter post and a short video Tuesday, was to show that fiat currencies such as the dollar are in trouble, and that those troubles will push Bitcoin's price up. At $28,710, Bitcoin is about 10% up from when Srinivasan accepted the bet on March 17. "The reason that I did that is I wanted to tell you in a provable way that there's something wrong in the economy and the state isn't telling you about it," Srinivasan said [115]in the video, recounting troubles with US banks, sovereign debt and other potential issues. "That is what I am doing at my own expense, I am raising public alarm." apply tags__________ 170874284 story [116]Businesses [117]Unity Lays Off 600 Staff Members, Prepares To Close Half of its Offices [118](venturebeat.com) [119]29 Posted by msmash on Wednesday May 03, 2023 @04:40PM from the tough-luck dept. Unity announced today that it's having [120]its third round of layoffs, with this one affecting 600 staff members. It's also reducing its number of offices from 58 to 30 or less within the next few years. Allegedly these cuts are prompted by fears of a recession. From a report: Unity CEO John Riccitiello told the Wall Street Journal that the company was cutting the number of layers within the company. He said, "It's all about setting ourselves up for higher growth." The 600 employees laid off represent 8% of the workforce, and Unity will have a staff of around 7,000 in the aftermath. The company had its last round of layoffs in January, where it lost almost 300 staff members. Before that, it laid off around 200 employees in June 2022, though Riccitiello has since claimed that many of those employees moved to new positions within the company. In all three cases, Unity has cited future planning as its reasons for doing so. apply tags__________ 170874190 story [121]Google [122]Passwordless Google Accounts Are Here - You Can Now Switch To Passkey-Only [123](arstechnica.com) [124]59 Posted by msmash on Wednesday May 03, 2023 @04:01PM from the moving-forward dept. Google is taking a big step toward our supposedly passwordless future by [125]enabling passkey-only Google accounts. From a report: In the blog post, titled "The beginning of the end of the password," Google says: "We've begun rolling out support for passkeys across Google Accounts on all major platforms. They'll be an additional option that people can use to sign in, alongside passwords, 2-Step Verification (2SV), etc." Previously, you've been able to use a passkey with a Google account as part of two-factor authentication, but that was always in addition to a password. Now it's possible to use a Google account with a passkey instead of a password. A passkey, if you haven't heard of the new authentication method, is a new way to log in to apps and websites and may someday replace a password. Password entry began as a simple text box for humans, and those text boxes slowly had automation and complication bolted onto them as the desire for higher security arrived. While you used to type a remembered word into a password field, today, the right way to use a password is to have a password manager paste a random string of characters into the password box. Since few of us physically type in our passwords, passkeys remove the password box. Passkeys have your operating system directly swap public-private keypairs -- the "WebAuthn" standard -- with a website, and that's how you get authenticated. Google's demo of how this will work on a phone looks great -- the usual box asks for your Google username, then instead of a password, it asks for a fingerprint, which unlocks the passkey system, and you're logged in. Google's passwordless support is headed for consumer devices right now, while business Google Workspace accounts will "soon" have the option to enable passkeys for end users. apply tags__________ 170874144 story [126]Intel [127]Intel: Just You Wait. Again [128](mondaynote.com) [129]33 Posted by msmash on Wednesday May 03, 2023 @03:21PM from the closer-look dept. Analyst Jean-Louis Gassee, writing at Monday Note about Intel's habit of requesting investors that they [130]wait for the company to catch up to the competition: Concurrently, the company's revenue for its new IFS foundry business decreased by 24% to an insignificant $118M, with a $140M operating loss gingerly explained as "increased spending to support strategic growth." Other Intel businesses such as Networking (NEX) products and Mobileye -- yet another Autonomous Driving Technology -- add nothing promising to the company's picture. This doesn't prevent [Intel CEO Pat] Gelsinger from once again intoning the Just You Wait refrain. This time, the promise is to "regain transistor performance and power performance leadership by 2025." Is it credible? We all agree that the US tech industry would be better served by Intel providing a better alternative to TSMC's and Samsung's advanced foundries. Indeed, We The Taxpayers are funding efforts to stimulate our country's semiconductor sector at the tune of $52B. I won't comment other than to reminisce about a difficult late 80s conversation with an industry CEO when, as an Apple exec, I naively opposed an attempt to combat the loss of semiconductor memory business to foreign competitors by subsidizing something tentatively called US Memories. But, in this really complicated 2023 world, what choices do we actually have? For years I've watched Intel's repeated mistakes, the misplaced self-regard, the ineffective leadership changes for this Silicon Valley icon, for the inventor of the first commercial microprocessor, only to be disappointed time and again as the company failed to shake the Wintel yoke -- while Microsoft successfully diversified. I fervently hope Pat Gelsinger succeeds. His achievement would resonate deeply, it would bring to mind another historic turnaround: Steve Jobs' 1997 return to the Apple he had "left" in 1985. apply tags__________ 170873826 story [131]The Almighty Buck [132]Fed Raises US Rates by a Quarter Point, Signaling Possible Pause [133](bloomberg.com) [134]90 Posted by msmash on Wednesday May 03, 2023 @02:09PM from the breaking-news dept. The Federal Reserve raised interest rates by a quarter percentage point and [135]hinted it may be the final move in the most aggressive tightening campaign since the 1980s as economic risks mount. From a report: "The committee will closely monitor incoming information and assess the implications for monetary policy," the Federal Open Market Committee said in a statement Wednesday. It omitted a line from its previous statement in March that said the committee "anticipates that some additional policy firming may be appropriate." Instead, the FOMC will take into account various factors "in determining the extent to which additional policy firming may be appropriate." The increase lifted the Fed's benchmark federal funds rate to a target range of 5% to 5.25%, the highest level since 2007, up from nearly zero early last year. The vote was unanimous. US equities maintained gains, while Treasury yields and the dollar declined. apply tags__________ [136]« Newer [137]Older » Slashdot Top Deals Slashdot Top Deals [138]Slashdot Deals Slashdot Poll Recently, an open letter signed by tech leaders, researchers proposes delaying AI development. Do you agree that AI development should be temporarily halted? (*) Yes ( ) No (BUTTON) vote now [139]Read the 60 comments | 11810 votes Looks like someone has already voted from this IP. If you would like to vote please login and try again. Recently, an open letter signed by tech leaders, researchers proposes delaying AI development. Do you agree that AI development should be temporarily halted? 0 Percentage of others that also voted for: * [140]view results * Or * * [141]view more [142]Read the 60 comments | 11810 voted Most Discussed * 215 comments [143]Pornhub Blocks All of Utah From Its Site * 168 comments [144]Anti-Porn Lobbyists Pressure Reddit To Shut Down Its NSFW Communities * 118 comments [145]Microsoft Broke a Chrome Feature To Promote Its Edge Browser * 111 comments [146]NYPD Urges Citizens To Buy AirTags To Fight Surge In Car Thefts * 111 comments [147]Microsoft is Forcing Outlook and Teams To Open Links in Edge, and IT Admins Are Angry [148]Your Rights Online * [149]Montana's Governor's Changes To TikTok Ban Bill Would Ban All Social Media Entirely * [150]Finnish Newspaper Uses Secret Room In Counter-Strike To Bypass Russian Censorship * [151]Promising Jobs At the US Postal Service, 'US Job Services' Leaks Customer Data * [152]Colorado Kills Law That Made It Harder For Cities To Offer Internet Service * [153]NYPD Urges Citizens To Buy AirTags To Fight Surge In Car Thefts [154]This Day on Slashdot 2015 [155]Two Gunman Killed Outside "Draw the Prophet" Event In Texas 1097 comments 2009 [156]Battle Lines Being Drawn As Obama Plans To Curb Tax Avoidance 1505 comments 2005 [157]Google Web Accelerator 798 comments 2004 [158]Projected 'Average' Longhorn System Is A Whopper 1539 comments 2003 [159]What Games Have Actually Affected You? 1557 comments [160]Sourceforge Top Downloads * [161]TrueType core fonts 2.2B downloads * [162]Notepad++ Plugin Mgr 1.5B downloads * [163]VLC media player 899M downloads * [164]eMule 686M downloads * [165]MinGW 631M downloads Powered By [166]sf [167]Slashdot * [168]Today * [169]Wednesday * [170]Tuesday * [171]Monday * [172]Sunday * [173]Saturday * [174]Friday * [175]Thursday * [176]Submit Story The sooner you fall behind, the more time you have to catch up. * [177]FAQ * [178]Story Archive * [179]Hall of Fame * [180]Advertising * [181]Terms * [182]Privacy Statement * [183]About * [184]Feedback * [185]Mobile View * [186]Blog * * (BUTTON) Icon Do Not Sell My Personal Information Trademarks property of their respective owners. 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