MoffettNathanson has crowned YouTube the "New King of All Media" as the Alphabet-owned video platform has become a major force in Hollywood, dominating time spent watching TV. From a report: The firm estimates that YouTube as a standalone business could be worth as much as $550 billion -- or nearly 30% of the tech giant's current valuation. The figure is based on the firm's analysis of enterprise value as a multiple of revenue in 2024 for Netflix (10.5x revenue), Meta (8.8x), Roku (2.4x), Warner Bros. Discovery (1.4x), Fox (1.3x) and Disney (1.3x).

In 2024, YouTube was the second-largest media company by revenue at $54.2 billion, trailing behind only Disney. However, the MoffettNathanson analysts predict YouTube will take the top spot in 2025, becoming a leader in both engagement and revenue. "YouTube has the potential to become the central aggregator for all things professional video, positioning itself to capture a share of the $85 billion consumer Pay TV market and the ~$30 billion streaming ex. Netflix market in the U.S.," they wrote in a Monday research note. "On monetization, when comparing YouTube's massive TV screen engagement to its estimated TV revenue, it remains significantly under-monetized relative to its scaled reach and differentiated offering. This signals a substantial runway for improving its monetization strategy."

The FTC has warned that any buyer of 23andMe must honor the company's current privacy policy, which ensures consumers retain control over their genetic data and can delete it at will. FTC Chair Andrew Ferguson emphasized that such promises must be upheld, given the uniquely sensitive and immutable nature of genetic information. The Record reports: The letter, sent to the DOJ's United States Trustee Program, highlights several assurances 23andMe makes in its privacy policy, including that users are in control of their data and can determine how and for what purposes it is used. The company also gives users the ability to delete their data at will, the letter says, arguing that 23andMe has made "direct representations" to consumers about how it uses, shares and safeguards their personal information, including in the case of bankruptcy.

Pointing to statements that the company's leadership has made asserting that user data should be considered an asset, Ferguson highlighted that 23andMe's privacy statement tells users it does not share their data with insurers, employers, public databases or law enforcement without a court order, search warrant or subpoena. It also promises consumers that it only shares their personal data in cases where it is needed to provide services, Ferguson added. The genetic testing and ancestry company is explicit that its data protection guidelines apply to new entities it may be sold or transferred to, Ferguson said.

A federal judge struck down Arkansas' Social Media Safety Act, ruling it unconstitutional for broadly restricting both adult and minor speech and imposing vague requirements on platforms. Engadget reports: In a ruling (PDF), Judge Timothy Brooks said that the law, known as Act 689 (PDF), was overly broad. "Act 689 is a content-based restriction on speech, and it is not targeted to address the harms the State has identified," Brooks wrote in his decision. "Arkansas takes a hatchet to adults' and minors' protected speech alike though the Constitution demands it use a scalpel." Brooks also highlighted the "unconstitutionally vague" applicability of the law, which seemingly created obligations for some online services, but may have exempted services which had the "predominant or exclusive function [of]... direct messaging" like Snapchat.

"The court confirms what we have been arguing from the start: laws restricting access to protected speech violate the First Amendment," NetChoice's Chris Marchese said in a statement. "This ruling protects Americans from having to hand over their IDs or biometric data just to access constitutionally protected speech online." It's not clear if state officials in Arkansas will appeal the ruling. "I respect the court's decision, and we are evaluating our options," Arkansas Attorney general Tim Griffin said in a statement.

An anonymous reader quotes a report from Reuters: China's Xiaomi said on Tuesday that it was actively cooperating with police after a fatal accident involving a SU7 electric vehicle on March 29 and that it had handed over driving and system data. The incident marks the first major accident involving the SU7 sedan, which Xiaomi launched in March last year and since December has outsold Tesla's Model 3 on a monthly basis. Xiaomi's shares, which had risen by 34.8% year to date, closed down 5.5% on Wednesday, underperforming a 0.2% gain in the Hang Seng Tech index. Xiaomi did not disclose the number of casualties but said initial information showed the car was in the Navigate on Autopilot intelligent-assisted driving mode before the accident and was moving at 116 kph (72 mph).

A driver inside the car took over and tried to slow it down but then collided with a cement pole at a speed of 97 kph, Xiaomi said. The accident in Tongling in the eastern Chinese province of Anhui killed the driver and two passengers, Chinese financial publication Caixin reported on Tuesday citing friends of the victims. In a rundown of the data submitted to local police posted on a Weibo account of the company, Xiaomi said NOA issued a risk warning of obstacles ahead and its subsequent immediate takeover only happened seconds before the collision. Local media reported that the car caught fire after the collision. Xiaomi did not mention the fire in the statement. The report notes that the car was a "so-called standard version of the SU7, which has the less-advanced smart driving technology without LiDAR."

An anonymous reader quotes a report from 404 Media: The creator of an open source genetic database is shutting it down and deleting all of its data because he has come to believe that its existence is dangerous with "a rise in far-right and other authoritarian governments" in the United States and elsewhere. "The largest use case for DTC genetic data was not biomedical research or research in big pharma," Bastian Greshake Tzovaras, the founder of OpenSNP, wrote in a blog post. "Instead, the transformative impact of the data came to fruition among law enforcement agencies, who have put the genealogical properties of genetic data to use."

OpenSNP has collected roughly 7,500 genomes over the last 14 years, primarily by allowing people to voluntarily submit their own genetic information they have downloaded from 23andMe. With the bankruptcy of 23andMe, increased interest in genetic data by law enforcement, and the return of Donald Trump and rise of authoritarian governments worldwide, Greshake Tzovaras told 404 Media he no longer believes it is ethical to run the database. "I've been thinking about it since 23andMe was on the verge of bankruptcy and been really considering it since the U.S. election. It definitely is really bad over there [in the United States]," Greshake Tzovaras told 404 Media. "I am quite relieved to have made the decision and come to a conclusion. It's been weighing on my mind for a long time."

Greshake Tzovaras said that he is proud of the OpenSNP project, but that, in a world where scientific data is being censored and deleted and where the Trump administration has focused on criminalizing immigrants and trans people, he now believes that the most responsible thing to do is to delete the data and shut down the project. "Most people in OpenSNP may not be at particular risk right now, but there are people from vulnerable populations in here as well," Greshake Tzovaras said. "Thinking about gender representation, minorities, sexual orientation -- 23andMe has been working on the whole 'gay gene' thing, it's conceivable that this would at some point in the future become an issue." "Across the globe there is a rise in far-right and other authoritarian governments. While they are cracking down on free and open societies, they are also dedicated to replacing scientific thought and reasoning with pseudoscience across disciplines," Greshake Tzovaras wrote. "The risk/benefit calculus of providing free & open access to individual genetic data in 2025 is very different compared to 14 years ago. And so, sunsetting openSNP -- along with deleting the data stored within it -- feels like it is the most responsible act of stewardship for these data today."

"The interesting thing to me is there are data preservation efforts in the U.S. because the government is deleting scientific data that they don't like. This is approaching that same problem from a different direction," he added. "We need to protect the people in this database. I am supportive of preserving scientific data and knowledge, but the data comes second -- the people come first. We prefer deleting the data."

An anonymous reader shares a report: The post-Covid rebound of live events is all the more evidence that movie theaters are never coming back, Netflix co-CEO Ted Sarandos told Semafor in an interview at the Paley Center for Media Friday.

"Nearly every live thing has come back screaming," Sarandos said. "Broadway's breaking records right now, sporting events, concerts, all those things that we couldn't do during COVID are all back and bigger than ever. The theatrical box office is down 40 to 50% from pre-COVID, and this year is down 8% already, so the trend is not reversing. You've gotta look at that and say, 'What is the consumer trying to tell you?'"

The giant financial news site Bloomberg "has been experimenting with using AI to help produce its journalism," reports the New York Times. But "It hasn't always gone smoothly."

While Bloomberg announced on January 15 that it would add three AI-generated bullet points at the top of articles as a summary, "The news outlet has had to correct at least three dozen A.I.-generated summaries of articles published this year." (This Wednesday they published a "hallucinated" date for the start of U.S. auto tariffs, and earlier in March claimed president Trump had imposed tariffs on Canada in 2024, while other errors have included incorrect figures and incorrect attribution.) Bloomberg is not alone in trying A.I. — many news outlets are figuring out how best to embrace the new technology and use it in their reporting and editing. The newspaper chain Gannett uses similar A.I.-generated summaries on its articles, and The Washington Post has a tool called "Ask the Post" that generates answers to questions from published Post articles. And problems have popped up elsewhere. Earlier this month, The Los Angeles Times removed its A.I. tool from an opinion article after the technology described the Ku Klux Klan as something other than a racist organization.

Bloomberg News said in a statement that it publishes thousands of articles each day, and "currently 99 percent of A.I. summaries meet our editorial standards...." The A.I. summaries are "meant to complement our journalism, not replace it," the statement added....

John Micklethwait, Bloomberg's editor in chief, laid out the thinking about the A.I. summaries in a January 10 essay, which was an excerpt from a lecture he had given at City St. George's, University of London. "Customers like it — they can quickly see what any story is about. Journalists are more suspicious," he wrote. "Reporters worry that people will just read the summary rather than their story." But, he acknowledged, "an A.I. summary is only as good as the story it is based on. And getting the stories is where the humans still matter."
A Bloomberg spokeswoman told the Times that the feedback they'd received to the summaries had generally been positive — "and we continue to refine the experience."

As Rust approaches its 10th anniversary, "there is an important piece of documentation missing that many other languages provide," notes the Rust Foundation.

While there's documentation and tutorials — there's no official language specification: In December 2022, an RFC was submitted to encourage the Rust Project to begin working on a specification. After much discussion, the RFC was approved in July 2023, and work began.

Initially, the Rust Project specification team (t-spec) were interested in creating the document from scratch using the Rust Reference as a guiding marker. However, the team knew there was already an external Rust specification that was being used successfully for compiler qualification purposes — the FLS.
Thank Berlin-based Ferrous Systems, a Rust-based consultancy who assembled that description "some years ago," according to a post on the Rust blog: They've since been faithfully maintaining and updating this document for new versions of Rust, and they've successfully used it to qualify toolchains based on Rust for use in safety-critical industries. [The Rust Foundation notes it part of the consultancy's "Ferrocene" Rust compiler/toolchain.] Seeing this success, others have also begun to rely on the FLS for their own qualification efforts when building with Rust.
The Rust Foundation explains: The FLS provides a structured and detailed reference for Rust's syntax, semantics, and behavior, serving as a foundation for verification, compliance, and standardization efforts. Since Rust did not have an official language specification back then, nor a plan to write one, the FLS represented a major step toward describing Rust in a way that aligns with industry requirements, particularly in high-assurance domains.
And the Rust Project is "passionate about shipping high quality tools that enable people to build reliable software at scale," adds the Rust blog. So... It's in that light that we're pleased to announce that we'll be adopting the FLS into the Rust Project as part of our ongoing specification efforts. This adoption is being made possible by the gracious donation of the FLS by Ferrous Systems. We're grateful to them for the work they've done in assembling the FLS, in making it fit for qualification purposes, in promoting its use and the use of Rust generally in safety-critical industries, and now, for working with us to take the next step and to bring the FLS into the Project.

With this adoption, we look forward to better integrating the FLS with the processes of the Project and to providing ongoing and increased assurances to all those who use Rust in safety-critical industries and, in particular, to those who use the FLS as part of their qualification efforts.
More from the Rust Foundation: The t-spec team wanted to avoid potential confusion from having two highly visible Rust specifications in the industry and so decided it would be worthwhile to try to integrate the FLS with the Rust Reference to create the official Rust Project specification. They approached Ferrous Systems, which agreed to contribute its FLS to the Rust Project and allow the Rust Project to take over its development and management... This generous donation will provide a clearer path to delivering an official Rust specification. It will also empower the Rust Project to oversee its ongoing evolution, providing confidence to companies and individuals already relying on the FLS, and marking a major milestone for the Rust ecosystem.

"I really appreciate Ferrous taking this step to provide their specification to the Rust Project," said Joel Marcey, Director of Technology at the Rust Foundation and member of the t-spec team. "They have already done a massive amount of legwork...." This effort will provide others who require a Rust specification with an official, authoritative reference for their work with the Rust programming language... This is an exciting outcome. A heartfelt thank you to the Ferrous Systems team for their invaluable contribution!
Marcey said the move allows the team "to supercharge our progress in the delivery of an official Rust specification."

And the co-founder of Ferrous Systems, Felix Gilcher, also sounded excited. "We originally created the Ferrocene Language Specification to provide a structured and reliable description of Rust for the certification of the Ferrocene compiler. As an open source-first company, contributing the FLS to the Rust Project is a logical step toward fostering the development of a unified, community-driven specification that benefits all Rust users."

Samsung teased its "AI Vision Inside" refrigerators at January's CES tradeshow. (Its internal sensors can now detect 37 different fresh ingredients and 50 processed foods, generating lists for your cellphone or a screen on your refrigerator's door.)

But the refrigerators are part of a larger "AI Home" lineup of screen-enabled appliances with advanced AI features, and Engadget got to see them all together this weekend at Samsung's Bespoke AI conference in Seoul, Korea: The centerpiece of the Bespoke line remains Samsung's 4-door French-Door refrigerator, which is now available with two different-sized screens. There's a model with a smaller 9-inch screen that starts at $3,999 or one with a massive 32-inch panel called the Family Hub+ for $4,699. The former is ostensibly designed for people who want something a bit more discreet but still want access to Samsung's smart features, which includes widgets for your calendar, music, weather, various cooking apps and more. Meanwhile, the larger model is for families who aren't afraid of having a small TV in their face every time they open their fridge. You can even play videos from TikTok on it, if that's what you're into....

For cooking, Samsung's matte glass induction cooktops are mostly the same, but its Bespoke 30-inch single ($3,759) and double ($4,649) wall ovens have...you guessed it, more AI. In addition to a 7-inch display, there are also cameras and sensors inside the oven that can recognize up to 80 different recipes to provide optimal cooking times. But if you prefer to go off-script and create something original, Samsung says the oven will give you the option to save the recipe and temperature settings after cooking the same dish five times. And for a more fun application of its tech, the oven's cameras can record videos and create time-lapses of your baked goods for sharing on social media.

When it's time to clean up, Samsung's $1,399 Bespoke Auto Open Door Dishwasher has a few tricks of its own. In this case, the washer uses AI (yet again) and sensors to more accurately detect food residue and optimize cleaning cycles...
There's also an "AI Jet Ultra Cordless Stick" vacuum cleaner, which "uses AI to better detect what surface its on to more effectively hoover up dirt and debris."

Interestingly, in January Samsung's refrigerators also got a mention in iFixit's "Worst of CES" video.

Though it's stock price is still up 200% from its IPO in March of 2024 — last week Reddit's stock had dropped nearly 50% since February 7th.

And then this week, it dropped another 10%, reports Bloomberg, citing both the phenomenon of "volatile technology stocks under pressure" — but also specifically "the gloomy sentiment around Reddit..." The social media platform has struggled to recover since an earnings report in February showed that it is failing to keep up with larger digital advertising peers such as Meta Platforms Inc. and Alphabet Inc.'s Google, which have higher user figures. Reddit's outlook seemed precarious because its U.S. traffic took a hit from a change in Google's search algorithm.

In recent weeks, the short interest in Reddit — a proxy for the volume of bets against the company — has ticked up, and forecasts for the company's share price have fallen. One analyst opened coverage of Reddit this month with a recommendation that investors sell the shares, in part due to the company's heavy reliance on Google. Reddit shares fell more than 5% in intraday trading Friday. "It's been super overvalued," Bob Lang, founder and chief options analyst at Explosive Options said of Reddit. "Their growth rate is very strong, but they still are not making any money." Reddit had a GAAP earnings per share loss of $3.33 in 2024, but reported two consecutive quarters of positive GAAP EPS in the second half of the year...

At its February peak, Reddit's stock had risen over 500% from the $34 initial public offering price last March. Some of the enthusiasm was due to a series of deals in which Reddit was paid to allow its content to be used for training artificial intelligence models. More recently, though, there have been questions about the long-term growth prospects for the artificial intelligence industry.
"On Wall Street, the average price target from analysts has fallen to about $195 from $207 a month ago," the article points out. "That still offers a roughly $85 upside from where shares closed following Thursday's 8% slump..."

Meanwhile Reuters reported that more than 33,000 U.S. Reddit users experienced disruptions on Thursday according to Downdetector.com. "A Reddit spokesperson said the outage was due to a bug in a recent update, which has now been fixed."

Automotive historian Dan Albert loves the "adorable tiny truck" he's driving. It's one of the small Japan-made "kei" pickups and minivans that "make up about a third of car sales in Japan." Americans can legally import older models for less than $10,000, and getting 40 miles per gallon they're "Cheap to buy and run... rugged, practical, no-frills machines — exactly what the American-built pickup truck used to be."

But unfortunately, kei buyers face "bureaucratic roadblocks that states like Massachusetts have erected to keep kei cars and trucks out of the hands of U.S. drivers." Several state departments of motor vehicles (DMVs) have balked at registering the imported machines, saying that they're too unsafe for American streets. Owners have responded with a righteous mix of good humor, lobbying and lawsuits... Kei trucks do not meet the Federal Motor Vehicle Safety Standards, or FMVSS — the highly specific rules US-market new cars must meet. But since 1988, the Imported Vehicle Safety Compliance Act has exempted vehicles that are at least 25 years old from these crash safety standards, allowing drivers to bring over vintage European and Asian market models...

Getting insurance coverage was the next barrier, as the company that had long been underwriting the Albert family's fleet also rejected me, forcing me to seek out a specialty "collector car" insurer. (I did eventually get regular coverage....) Maine, Rhode Island, New York, Pennsylvania, Georgia, Virginia, and Michigan also tightened their rules on registering small Japanese imports in recent years. The culprit, according to the auto enthusiast press, was the American Association of Motor Vehicle Administrators, the trade organization that serves as the lobbying and policy arm of DMVs across North America. Much of AAMVA's work involves integrating the databases of the 69 US and Canadian motor vehicle jurisdictions who are its members, so that a car stolen in one state can't be titled in another... The kei truck's regulatory troubles can be traced to a 2011 AAMVA report, "Best Practices Regarding Registration and Titling of Mini-Trucks," which called for outright bans and encouraged DMVs to lobby state legislatures to outlaw keis entirely.

The Insurance Institute of Highway Safety concurred, telling AAMVA that its recommendation did not go far enough: The IIHS said that keis should join the class of conveyances that the U.S. government calls Low Speed Vehicles, which are mechanically limited to 25 miles per hour or less and should be used only for short local trips on low-speed-limit roads because they can't protect occupants in the event of a collision with a regular vehicle... [But] By 2008, Japan's kei trucks did feature crumple zones and driver airbags in compliance with that country's safety standards...

Despite its name, the Imported Vehicle Safety Compliance Act that lets older cars into the US from overseas isn't really about safety: Car industry lobbyists secured passage of the law to protect dealer profits. Newer keis — which are banned — are safer and cleaner than the 25-year-old ones that can be imported now. (Battery-powered keis debuted in 2009.) But even mine has an airbag, front crumple zone, seatbelt pretensioners, and anti-lock brakes.
The article notes that kie fans have "a distinctly libertarian streak... Some owners I've talked to report forging titles, setting up shell companies in Montana and finding other means of skirting DMV rules."

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

"I am having conversations every day with people whose careers are sort of over," a 53-year-old film and TV director told the New York Times: If you entered media or image-making in the '90s — magazine publishing, newspaper journalism, photography, graphic design, advertising, music, film, TV — there's a good chance that you are now doing something else for work. That's because those industries have shrunk or transformed themselves radically, shutting out those whose skills were once in high demand... When digital technology began seeping into their lives, with its AOL email accounts, Myspace pages and Napster downloads, it didn't seem like a threat. But by the time they entered the primes of their careers, much of their expertise had become all but obsolete.

More than a dozen members of Generation X interviewed for this article said they now find themselves shut out, economically and culturally, from their chosen fields. "My peers, friends and I continue to navigate the unforeseen obsolescence of the career paths we chose in our early 20s," Mr. Wilcha said. "The skills you cultivated, the craft you honed — it's just gone. It's startling." Every generation has its burdens. The particular plight of Gen X is to have grown up in one world only to hit middle age in a strange new land. It's as if they were making candlesticks when electricity came in. The market value of their skills plummeted...

Typically, workers in their 40s and 50s are entering their peak earning years. But for many Gen-X creatives, compensation has remained flat or decreased, factoring in the rising cost of living. The usual rate for freelance journalists is 50 cents to $1 per word — the same as it was 25 years ago... As opportunities and incomes dwindle, Gen X-ers in creative fields are weighing their options. Move to a lower-cost place and remain committed to the work you love? Look for a bland corporate job that might provide health insurance and a steady paycheck until retirement?
The article includes several examples of the trend:

• One magazine's photo studio director says professional photographers have been replaced by "a 20-year-old kid who will do the job for $500."

• The article adds that "When photography went digital, photo lab technicians and manual retouchers were suddenly as inessential as medieval scribes." (And "In advertising, brands ditched print and TV campaigns that required large crews for marketing plans that relied on social media posts."")

• An editor at Spin magazine remembers the day its print edition folded...

And besides competition from influencers, there's also AI, "which seems likely to replace many of the remaining Gen X copywriters, photographers and designers. By 2030, ad agencies in the United States will lose 32,000 jobs, or 7.5 percent of the industry's work force, to the technology, according to the research firm Forrester."

Meanwhile the cost of living has skyrocketed, the article points out — even while Gen X-ers "are less secure financially than baby boomers and lack sufficient retirement savings, according to recent surveys..."

An anonymous reader quotes a report from The Verge: A concert on Monday night at New York's Radio City Music Hall was a special occasion for Frank Miller: his parents' wedding anniversary. He didn't end up seeing the show -- and before he could even get past security, he was informed that he was in fact banned for life from the venue and all other properties owned by Madison Square Garden (MSG). After scanning his ticket and promptly being pulled aside by security, Miller was told by staff that he was barred from the MSG properties for an incident at the Garden in 2021. But Miller says he hasn't been to the venue in nearly two decades.

"They hand me a piece of paper letting me know that I've been added to a ban list," Miller says. "There's a trespass notice if I ever show up on any MSG property ever again," which includes venues like Radio City, the Beacon Theatre, the Sphere, and the Chicago Theatre. He was baffled at first. Then it dawned on him: this was probably about a T-shirt he designed years ago. MSG Entertainment won't say what happened with Miller or how he was picked out of the crowd, but he suspects he was identified via controversial facial recognition systems that the company deploys at its venues.

In 2017, 1990s New York Knicks star Charles Oakley was forcibly removed from his seat near Knicks owner and Madison Square Garden CEO James Dolan. The high-profile incident later spiraled into an ongoing legal battle. For Miller, Oakley was an "integral" part of the '90s Knicks, he says. With his background in graphic design, he made a shirt in the style of the old team logo that read, "Ban Dolan" -- a reference to the infamous scuffle. A few years later, in 2021, a friend of Miller's wore a Ban Dolan shirt to a Knicks game and was kicked out and banned from future events. That incident spawned ESPN segments and news articles and validated what many fans saw as a pettiness on Dolan and MSG's part for going after individual fans who criticized team ownership. "Frank Miller Jr. made threats against an MSG executive on social media and produced and sold merchandise that was offensive in nature," Mikyl Cordova, executive vice president of communications and marketing for the company, said in an emailed statement. "His behavior was disrespectful and disruptive and in violation of our code of conduct."

Miller responded to the ban, saying: "I just found it comical, until I was told that my mom was crying [in the lobby]. I was like, 'Oh man, I ruined their anniversary with my shit talk on the internet. Memes are powerful, and so is the surveillance state. It's something that we all have to be aware of -- the panopticon. We're [being] surveilled at all times, and it's always framed as a safety thing, when rarely is that the case. It's more of a deterrent and a fear tactic to try to keep people in line."

Elon Musk says its xAI company has acquired the social media platform X in an all-stock transaction. "The combination values xAI at $80 billion and X at $33 billion ($45 billion less $12 billion debt)," said Musk. He writes on X: Since its founding two years ago, xAI has rapidly become one of the leading AI labs in the world, building models and data centers at unprecedented speed and scale. X is the digital town square where more than 600M active users go to find the real-time source of ground truth and, in the last two years, has been transformed into one of the most efficient companies in the world, positioning it to deliver scalable future growth.

xAI and X's futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent. This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach. The combined company will deliver smarter, more meaningful experiences to billions of people while staying true to our core mission of seeking truth and advancing knowledge. This will allow us to build a platform that doesn't just reflect the world but actively accelerates human progress.

I would like to recognize the hardcore dedication of everyone at xAI and X that has brought us to this point. This is just the beginning. Thank you for your continued partnership and support.

An anonymous reader quotes a report from The Guardian: Trevor Milton, the founder of electric vehicle start-up Nikola who was sentenced to prison last year, was pardoned by Donald Trump late on Thursday, the White House confirmed on Friday. The pardon of Milton, who was sentenced to four years in prison for exaggerating the potential of his technology, could wipe out hundreds of millions of dollars in restitution that prosecutors were seeking for defrauded investors. Milton and his wife donated more than $1.8 million to a Trump re-election campaign fund less than a month before the November election, according to the Federal Election Commission.

At Milton's trial, prosecutors say a company video of a prototype truck appearing to be driven down a desert highway was actually a video of a non-functioning Nikola that had been rolled down a hill. Milton had not been incarcerated pending an appeal. Milton said late on Thursday on social media and via a press release that he had been pardoned by Trump. "I am incredibly grateful to President Trump for his courage in standing up for what is right and for granting me this sacred pardon of innocence," Milton said. Here's a timeline of notable events surrounding Nikola:

June, 2016: Nikola Motor Receives Over 7,000 Preorders Worth Over $2.3 Billion For Its Electric Truck
December, 2016: Nikola Motor Company Reveals Hydrogen Fuel Cell Truck With Range of 1,200 Miles
February, 2020: Nikola Motors Unveils Hybrid Fuel-Cell Concept Truck With 600-Mile Range
June, 2020: Nikola Founder Exaggerated the Capability of His Debut Truck
September, 2020: Nikola Motors Accused of Massive Fraud, Ocean of Lies
September, 2020: Nikola Admits Prototype Was Rolling Downhill In Promo Video
September, 2020: Nikola Founder Trevor Milton Steps Down as Chairman in Battle With Short Seller
October, 2020: Nikola Stock Falls 14 Percent After CEO Downplays Badger Truck Plans
November, 2020: Nikola Stock Plunges As Company Cancels Badger Pickup Truck
July, 2021: Nikola Founder Trevor Milton Indicted on Three Counts of Fraud
December, 2021: EV Startup Nikola Agrees To $125 Million Settlement
September, 2022: Nikola Founder Lied To Investors About Tech, Prosecutor Says in Fraud Trial
December, 2023: Nikola Founder Trevor Milton Sentenced To 4 Years For Securities Fraud
February 19, 2025: Nikola Files for Bankruptcy With Plans To Sell Assets, Wind Down

An anonymous reader quotes a report from the BBC: Fashion retailer H&M is to use artificial intelligence (AI) to create digital "twins" of 30 models. It says it will use the AI doppelgangers in some social media posts and marketing in the place of humans, if given permission by models. "We are curious to explore how to showcase our fashion in new creative ways -- and embrace the benefits of new technology -- while staying true to our commitment to personal style," said its chief creative officer Jorgen Andersson in a statement.

The initiative was first reported by industry publication Business of Fashion. H&M told the outlet that models would retain rights over their digital replicas and their use by the company and other brands for purposes such as marketing. Its images are likely to be initially used in social media posts, with watermarks that make their AI use clear, it added. H&M also said models would be compensated for use of their digital twins in a similar way to current arrangements -- which sees them paid for use of their images based on rates agreed by their agent.

China's ambitious AI infrastructure push has resulted in hundreds of idle data centers with local media reporting up to 80% of newly built computing resources remaining unused. The country announced over 500 data center projects during 2023-2024, with at least 150 completed facilities now struggling to secure customers in a rapidly changing market.

The rise of DeepSeek's open-source reasoning model R1, which matches ChatGPT o1's performance at a fraction of the cost, has fundamentally altered hardware demand. Computing needs now prioritize low-latency infrastructure for real-time reasoning rather than facilities optimized for large-scale training workloads.

Technical misalignment compounds the problem, as many centers were constructed by companies with little AI expertise, MIT Technology Review reports. The facilities, often built in remote regions to capitalize on cheaper electricity and land, now face obsolescence as AI companies require proximity to tech hubs to minimize transmission delays. GPU rental prices have collapsed, with eight-GPU Nvidia H100 server clusters now leasing for 75,000 yuan ($10,333) monthly, down from peaks of 180,000 yuan, making operations financially unsustainable for many data center operators.

An anonymous reader quotes a report from TechCrunch: It's only been a day since ChatGPT's new AI image generator went live, and social media feeds are already flooded with AI-generated memes in the style of Studio Ghibli, the cult-favorite Japanese animation studio behind blockbuster films such as "My Neighbor Totoro" and "Spirited Away." In the last 24 hours, we've seen AI-generated images representing Studio Ghibli versions of Elon Musk, "The Lord of the Rings", and President Donald Trump. OpenAI CEO Sam Altman even seems to have made his new profile picture a Studio Ghibli-style image, presumably made with GPT-4o's native image generator. Users seem to be uploading existing images and pictures into ChatGPT and asking the chatbot to re-create it in new styles.

OpenAI's latest update comes on the heels of Google's release of a similar AI image feature in its Gemini Flash model, which also sparked a viral moment earlier in March when people used it to remove watermarks from images. OpenAI's and Google's latest tools make it easier than ever to re-create the styles of copyrighted works -- simply by typing a text prompt. Together, these new AI image features seem to reignite concerns at the core of several lawsuits against generative AI model developers. If these companies are training on copyrighted works, are they violating copyright law?

According to Evan Brown, an intellectual property lawyer at the law firm Neal & McDevitt, products like GPT-4o's native image generator operate in a legal gray area today. Style is not explicitly protected by copyright, according to Brown, meaning OpenAI does not appear to be breaking the law simply by generating images that look like Studio Ghibli movies. However, Brown says it's plausible that OpenAI achieved this likeness by training its model on millions of frames from Ghibli's films. Even if that was the case, several courts are still deciding whether training AI models on copyrighted works falls under fair use protections. "I think this raises the same question that we've been asking ourselves for a couple years now," said Brown in an interview. "What are the copyright infringement implications of going out, crawling the web, and copying into these databases?"

An anonymous reader quotes a report from Gizmodo: Scientists scrutinizing the seafloor beneath a calving iceberg found a remarkable array of living creatures, switching up notions of how the giant chunks of ice affect their immediate environs. The scientists investigated a region of seafloor recently exposed by the calving of a gigantic iceberg -- A-84 -- which is as large as Chicago. The team found a surprisingly vibrant community of critters on the seafloor below where A-84 was once attached to an ice shelf attached to Antarctica.

Without the 197-square-mile (510-square-kilometer) iceberg in the way, the team was able to scrutinize the seafloor at depths of 4,265 feet (1,300 meters) using the remotely operated vehicle (ROV) SuBastian. The team found large corals and sponges supporting other lifeforms, including icefish, giant sea spiders, and octopus. [...] With the icebergs covering the seafloor, organisms below the shelf cannot get nutrients for survival from the surface. The team hypothesized that ocean currents are a critical driver for life beneath the ice sheets. The team also collected data on the larger ice sheet, whose shrinking size spells concern for the animals that live beneath it.

An anonymous reader quotes a report from VentureBeat: Chinese AI startup DeepSeek has quietly released a new large language model that's already sending ripples through the artificial intelligence industry -- not just for its capabilities, but for how it's being deployed. The 641-gigabyte model, dubbed DeepSeek-V3-0324, appeared on AI repository Hugging Face today with virtually no announcement (just an empty README file), continuing the company's pattern of low-key but impactful releases. What makes this launch particularly notable is the model's MIT license -- making it freely available for commercial use -- and early reports that it can run directly on consumer-grade hardware, specifically Apple's Mac Studio with M3 Ultra chip.

"The new DeepSeek-V3-0324 in 4-bit runs at > 20 tokens/second on a 512GB M3 Ultra with mlx-lm!" wrote AI researcher Awni Hannun on social media. While the $9,499 Mac Studio might stretch the definition of "consumer hardware," the ability to run such a massive model locally is a major departure from the data center requirements typically associated with state-of-the-art AI. [...] Simon Willison, a developer tools creator, noted in a blog post that a 4-bit quantized version reduces the storage footprint to 352GB, making it feasible to run on high-end consumer hardware like the Mac Studio with M3 Ultra chip. This represents a potentially significant shift in AI deployment. While traditional AI infrastructure typically relies on multiple Nvidia GPUs consuming several kilowatts of power, the Mac Studio draws less than 200 watts during inference. This efficiency gap suggests the AI industry may need to rethink assumptions about infrastructure requirements for top-tier model performance. "The implications of an advanced open-source reasoning model cannot be overstated," reports VentureBeat. "Current reasoning models like OpenAI's o1 and DeepSeek's R1 represent the cutting edge of AI capabilities, demonstrating unprecedented problem-solving abilities in domains from mathematics to coding. Making this technology freely available would democratize access to AI systems currently limited to those with substantial budgets."

"If DeepSeek-R2 follows the trajectory set by R1, it could present a direct challenge to GPT-5, OpenAI's next flagship model rumored for release in coming months. The contrast between OpenAI's closed, heavily-funded approach and DeepSeek's open, resource-efficient strategy represents two competing visions for AI's future."