Former MoviePass CEO Mitch Lowe pleaded guilty to securities fraud, admitting he misled investors about the viability of the company’s $9.95-a-month movie subscription service, and faces up to five years in prison. His co-defendant, former Helios and Matheson CEO Ted Farnsworth, faces similar charges and is scheduled for trial in March 2025; Farnsworth has been… Read More »
Intel shares surged 8% after announcing plans to make its foundry business an independent unit with its own board and potential for outside capital, part of CEO Pat Gelsinger’s strategy to restructure the company amid financial challenges. The company is also exploring the possibility of spinning off the foundry business, pausing some European manufacturing projects,… Read More »
The FDA has approved sleep apnea detection on the Apple Watch Series 9, Series 10, and Watch Ultra 2. “The green light comes four days ahead of the Series 10’s September 20 release date,” notes TechCrunch. From the report: The feature, announced at last week’s iPhone 16 event, will arrive as part of the imminent… Read More »
An anonymous reader quotes a report from the Associated Press: The Postal Service’s new delivery vehicles aren’t going to win a beauty contest. They’re tall and ungainly. The windshields are vast. Their hoods resemble a duck bill. Their bumpers are enormous. “You can tell that (the designers) didn’t have appearance in mind,” postal worker Avis… Read More »
Oracle cofounder Larry Ellison envisions AI as the backbone of a new era of mass surveillance, positioning Oracle as a key player in AI infrastructure through its unique networking architecture and partnerships with AWS and Microsoft. The Register reports: Ellison made the comments near the end of an hour-long chat at the Oracle financial analyst… Read More »
Apple today is rolling out iOS 18, introducing support for Rich Communications Services (RCS) to enhance messaging between iPhone and Android devices with features like typing indicators, read receipts, and higher resolution media. “However, there continues to be no end-to-end encryption (E2EE), with work towards that between Android and iOS continuing,” notes 9to5Google. The feature… Read More »
An anonymous reader quotes a report from ZDNet, written by Steven Vaughan-Nichols: In a candid keynote chat at the Linux Foundation’s Open Source Summit Europe, Linux creator Linus Torvalds shared his thoughts on kernel development, the integration of Rust, and the future of open source. Dirk Hohndel, Verizon’s Open Source Program Office head and Torvalds… Read More »
The U.S. government said Monday that it has issued fresh financial sanctions against five individuals and a corporate entity associated with spyware-making consortium Intellexa, months after the government sanctioned its founder. From a report: In its latest statement, the U.S. Treasury said it sanctioned the five people, including senior Intellexa executives and associates, who are… Read More »
AI pioneers have issued a stark warning about the technology’s potential risks, calling for urgent global oversight. At a recent meeting in Venice, scientists from around the world discussed the need for a coordinated international response to AI safety concerns. The group proposed establishing national AI safety authorities to monitor and register AI systems, which… Read More »
Linux creator Linus Torvalds has released version 6.11 of the open-source operating system kernel. The new release, while not considered major by Torvalds, introduces several notable improvements for AMD hardware users and Arch Linux developers. ZDNet: This latest version introduces several enhancements, particularly for AMD hardware users, while offering broader system improvements and new capabilities.… Read More »