An anonymous reader quotes a report from Reuters: The U.S. Securities and Exchange Commission dropped claims against two Ripple Labs executives in its lawsuit alleging the blockchain company violated U.S. securities law, according to a court filing in New York on Thursday. The agency said in court papers it is dropping claims that Ripple Chief Executive Brad Garlinghouse and co-founder Chris Larsen aided and abetted sales of the cryptocurrency XRP which a judge has found amounted to unregistered sales of securities.

In its December 2020 lawsuit, the SEC accused Ripple of illegally raising more than $1.3 billion in an unregistered securities offering by selling XRP. U.S. District Judge Analisa Torres in Manhattan granted Ripple a partial win in the case in July, finding that sales of XRP on public exchanges were not unregistered securities offerings. Torres subsequently rejected a request by the SEC to appeal that ruling. She also ruled partly in the SEC’s favor, saying the agency had shown the company’s $728.9 million of XRP sales to hedge funds and other sophisticated buyers had violated the law.

Garlinghouse and Larsen, who have harshly criticized the SEC throughout the case, issued lengthy statements accusing the agency of a political agenda to, in Larsen’s words, “suffocate crypto in America.” “Instead of looking for the criminals stealing customer funds on offshore exchanges that were courting political favor, the SEC went after the good guys,” Garlinghouse said, an apparent reference to Sam Bankman-Fried, founder of crypto exchange FTX. The agency said in its papers that the next step in the case is for both sides to present to the judge on what the appropriate penalty is for Ripple.

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Source: Slashdot – SEC Drops Claims Against Two Ripple Labs Execs

Is Google laying the groundwork for a true challenger to language learning apps like Duolingo, Memrise and Babbel? In a blog post on Thursday, the search giant announced that it’s rolling out a new Google Search feature designed to help people improve their English speaking skills. TechCrunch’s Kyle Wiggers reports: Rolling out over the next few days for Search on Android devices in Argentina, Colombia, India, Indonesia, Mexico and Venezuela, with more countries and languages to come in the future, the new feature will provide interactive speaking practice for language learners translating to or from English, Google writes in a blog post. “Google Search is already a valuable tool for language learners, providing translations, definitions, and other resources to improve vocabulary,” reads the the post, attributed to Google Research director Christian Plagemann and product manager Katya Cox. “Now, learners translating to or from English on their Android phones will find a new English speaking practice experience with personalized feedback.”

The new experience presents Search users with prompts and asks them to speak the answers using a provided vocabulary word. During each practice session, which last 3 to 5 minutes, Search gives personalized feedback — and the option to sign up for daily reminders to keep practicing and advance to the next stage of difficulty. How personalized is it, exactly? Well, according to Google, the experience gives semantic feedback — indicating whether a response was relevant to a given question and comprehensible to a theoretical conversation partner. It also recommends areas where grammar could be improved, and, to give concrete suggestions for alternative ways to respond, provides a set of example answers at varying levels of language complexity. During practice sessions, learners can tap on any word they don’t understand to see a translation of that word that considers the word in context.

“Designed to be used alongside other learning services and resources, like personal tutoring, mobile apps and classes, the new speaking practice feature on Google Search is another tool to assist learners on their journey,” Plagemann and Cox write. […] “We look forward to expanding to more countries and languages in the future, and to start offering partner practice content soon,” Plagemann and Cox continued. “With these latest updates, which will roll out over the next few days, Google Search has become even more helpful.”

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Source: Slashdot – Google Takes Aim At Duolingo With New English Tutoring Tool

Tereza Pultarova reports via Space.com: Light pollution is a growing threat to astronomy, but a new streetlamp technology could restore clear views of the night sky. […] A study published earlier this year found that stars are disappearing from the sky at an average rate of 10% per year. This trend affects even the world’s most remote observatories. Germany-based startup StealthTransit recently tested a solution to this growing issue. “Unfortunately, this problem haunts almost all observatories today,” Vlad Pashkovsky, StealthTransit’s founder and CEO, told Space.com in an email. “Modern telescopes are highly sensitive and feel the impact of outdoor lighting of cities located at the distance of 50 or even 200 kilometers [30 to 120 miles]. This means that virtually every observatory on Earth either already needs, or will need in the future 10 years, protection from the light of large cities.”

StealthTransit’s solution relies on three components: A simple device that makes LED lights flicker at a very high frequency that is imperceptible to the human eye, a GPS receiver, and a specially designed shutter on the telescope’s camera that can blink in sync with the LED lights. The GPS technology guides the telescope’s shutter to open only during the fleeting moments when the LED lights are switched off. The experiments, conducted at an observatory in the Caucasus Mountains in Russia, showed that the technology, dubbed the DarkSkyProtector, could reduce unwanted sky glow in astronomical images by 94%. “We can say that the telescope was seeing almost a dark sky at this time,” Pashkovsky said. “The important thing about our technology is that it makes all kinds of lights astronomy-friendly, including outdoor advertising and indoor lighting in apartments, offices and stores.”

The technology could filter out lights from nearby towns and villages as well as those surrounding the observatory itself. It might sound impractical to refit an entire town with devices that allow lamps to blink, but Pashkovsky said that most existing LED lights can operate in the blinking mode and that new lamps designed specifically with sky protection in mind would be no costlier than existing LED technology. The most expensive element of the DarkSkyProtector system is the telescope shutter, which needs to be lightweight and agile enough to blink about 150 times per second. StealthTransit tested the prototype shutter on a 24-inch-wide (60 centimeters) telescope and hopes to make the technology available for larger telescopes. Although StealthTransit’s technology is not yet ready for commercial use, Pashkovsky said, the firm hopes to have a product fit for the world’s best telescopes in five to seven years.

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Source: Slashdot – A Simple Streetlight Hack Could Protect Astronomy From Urban Light Pollution

Jessica Lyons Hardcastle reports via The Register: Japanese electronics giant Casio said miscreants broke into its ClassPad server and stole a database with personal information belonging to customers in 149 countries. ClassPad is Casio’s education web app, and in a Wednesday statement on its website, the firm said an intruder breached a ClassPad server and swiped hundreds of thousands of “items” belonging to individuals and organizations around the globe. As of October 18, the crooks accessed 91,921 items belonging to Japanese customers, including individuals and 1,108 educational institution customers, as well as 35,049 items belonging to customers from 148 other countries. If Casio finds additional customers were compromised, it promises to update this count.

The data included customers’ names, email addresses, country of residence, purchasing info including order details, payment method and license code, and service usage info including log data and nicknames. Casio noted that it doesn’t not retain customers’ credit card information, so presumably people’s banking info wasn’t compromised in the hack. An employee discovered the incident on October 11 while attempting to work in the corporate dev environment and spotted the database failure. “At this time, it has been confirmed that some of the network security settings in the development environment were disabled due to an operational error of the system by the department in charge and insufficient operational management,” the official notice said. “Casio believes these were the causes of the situation that allowed an external party to gain unauthorized access.” The intruder didn’t access the ClassPad.net app, according to Casio, so that is still available for use.

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Source: Slashdot – Casio Keyed Up After Data Loss Hits Customers In 149 Countries

An anonymous reader quotes a report from VICE News: Canada will legalize medically assisted dying for people who are addicted to drugs next spring, in a move some drug users and activists are calling “eugenics.” The country’s medical assistance in dying (MAID) law, which first came into effect in 2016, will be expanded next March to give access to people whose sole medical condition is mental illness, which can include substance use disorders. Before the changes take place, however, a special parliamentary committee on MAID will regroup to scrutinize the rollout of the new regulations, according to the Toronto Star.

Currently, people are eligible for MAID if they have a “grievous and irremediable medical condition”, such as a serious illness or disability, that has put them in an advanced state of irreversible decline and caused enduring physical or psychological suffering — excluding mental illness. Anyone who receives MAID must also go through two assessments from independent health care providers, among meeting other criteria. […] As Canada prepares to legalize MAID for people with mental disorders, each province will have to develop its own protocol for how to assess people. Dr. Simon Colgan, lead physician for the Community Allied Mobile Palliative Partnership which provides palliative care to homeless people, said MAID requests “must be understood within the context of a person’s lived experience and this takes time and relationship.” He said any MAID protocols for people with substance use disorders should be made with the input of people with lived experiences. “I don’t think it’s fair, and the government doesn’t think it’s fair, to exclude people from eligibility because their medical disorder or their suffering is related to a mental illness,” said Dr. David Martell, physician lead for Addictions Medicine at Nova Scotia Health. “As a subset of that, it’s not fair to exclude people from eligibility purely because their mental disorder might either partly or in full be a substance use disorder. It has to do with treating people equally.”

On the flip side, some drug users and harm reduction advocates say they’re upset drug users are being given access to MAID, as they feel other public health measures are lacking. “I just think that MAID when it has entered the area around mental health and substance use is really rooted in eugenics. And there are people who are really struggling around substance use and people do not actually get the kind of support and help they need,” said Zoe Dodd, a Toronto-based harm reduction advocate.

Karen Ward, a drug user activist in Vancouver, said she considers the expansion of MAID to include people with substance use disorders a “statement in federal law that some people aren’t really human.” “The government has made death accessible while a better life remains impossible,” she said. “Homes for all, guaranteed dignified incomes, access to healthcare, education and employment: these aren’t radical demands.”

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Source: Slashdot – Canada Will Legalize Medically Assisted Dying For People Addicted To Drugs

theodp writes: In July, Seattle-based and tech-backed nonprofit Code.org announced its 10th policy recommendation for all states “to require all students to take computer science (CS) to earn a high school diploma.” In August, Washington State Senator Lisa Wellman phoned-in her plans to introduce a bill to make computer science a Washington high school graduation requirement to the state’s Board of Education, indicating that the ChatGPT-sparked AI craze and Code.org had helped convince her of the need. Wellman, a former teacher who worked as a Programmer/System Analyst in the 80’s before becoming an Apple VP (Publishing) in the ’90s, also indicated that exposure to CS given to students in fifth grade could be sufficient to satisfy a HS CS requirement. In 2019, Wellman sponsored Microsoft-supported SB 5088 (Bill details), which required all Washington state public high schools to offer a CS class. Wellman also sponsored SB 5299 in 2021, which allows high school students to take a computer science elective in place of a third year math or science course (that may be required for college admission) to count towards graduation requirements.

And in October, Code.org CEO Hadi Partovi appeared before the Washington State Board of Education, driving home points Senator Wellman made in August with a deck containing slides calling for Washington to “require that all students take computer science to earn a high school diploma” and to “require computer science within all teacher certifications.” Like Wellman, Partovi suggested the CS high school requirement might be satisfied by middle school work (he alternatively suggested one year of foreign language could be dropped to accommodate a HS CS course). Partovi noted that Washington contained some of the biggest promoters of K-12 CS in Microsoft Philanthropies’ TEALS (TEALS founder Kevin Wang is a member of the Washington State Board of Education) and Code.org, as well some of the biggest funders of K-12 CS in Amazon and Microsoft — both which are $3,000,000+ Platinum Supporters of Code.org and have top execs on Code.org’s Board of Directors.

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Source: Slashdot – Code.org Presses Washington To Make Computer Science a High School Graduation Requirement

Slash_Account_Dot shares a report from 404 Media: Hackers are targeting accounts on Kodex, a platform that connects law enforcement agencies and tech companies and which is designed to verify emergency requests for customer data, according to multiple online conversations between hackers viewed by 404 Media. Screenshots from one of the compromised accounts shows a panel where a law enforcement officer, or a hacker, can potentially ‘create a new request.’ The screenshots show a wide range of companies such as tech giants Meta and Microsoft’s LinkedIn; cryptocurrency exchanges Binance and Coinbase; social media platforms Pinterest, Discord, and Snapchat; financial service Fidelity, and gaming platform Roblox. The compromised account appears to belong to a national police force, but the screenshots do not include the agency’s full name.

There is no evidence that hackers have successfully used compromised Kodex accounts to obtain data from a tech company, and Matt Donahue, the former FBI agent and now CEO of Kodex, said that multiple compromised accounts 404 Media found did not have authorization to make such requests, and that Kodex had shut down those accounts. But the repeated examples of criminal chatter show that Kodex is a target of interest for hackers.

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Source: Slashdot – Hackers Compromise Accounts of Kodex, Company That Vets Police Data Requests For Tech Giants

Ty Roush reports via Forbes: Convoy, a Seattle-based digital freight booker with investors that include billionaires Bill Gates and Jeff Bezos, announced Thursday it would be shutting down, according to Bloomberg, after the company failed to find a buyer amid a “massive freight recession.” Convoy’s founder and chief executive Dan Lewis notified employees in an internal memo Thursday that “today is your last day at the company,” noting the company is “exploring and evaluating strategic options for what might come next,” Bloomberg reported.

Lewis said the company had evaluated potential suitors to acquire it, though “none of the options ultimately materialized into anything sufficient to keep the company going in its then current form.” Convoy was in “the middle of a massive freight recession and a contraction in the capital markets,” according to Lewis, who added “this combination ultimately crushed our progress” and likely swayed potential suitors away from acquiring the firm. “Following an exhaustive process, spanning many, many months during which we explored all viable strategic options for the business, the result is where we are today,” Lewis wrote. Convoy was founded in 2015 in an effort to prevent trucks from driving “empty miles” without loads. The idea was to use technology to make freight more efficient by connecting truck drivers with freight companies — reducing shippers’ costs, increasing carriers’ earnings, and eliminating carbon emissions in the process.

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Source: Slashdot – Convoy Trucking Startup, Backed By Jeff Bezos and Bill Gates, Is Closing Operation With No Buyer

Jailed WikiLeaks founder Julian Assange will become an honorary citizen of Rome by early next year following a vote this week by its local assembly, the city’s former mayor Virginia Raggi said on Thursday. Reuters reports: Assange, 52, has been in London’s high-security Belmarsh prison since 2019 and is wanted in the United States over the release of confidential U.S. military records and diplomatic cables in 2010. His supporters see his prosecution as a politically motivated assault on journalism and free speech. Washington says the release of secret documents put lives in danger.

The motion to make him a citizen of the Eternal City was spearheaded by Raggi, from the left-leaning Five Star Movement, and won cross-party support. “Assange is a symbol of free speech which is essential for any genuine democracy,” Raggi, who ran Rome’s city hall between 2016 and 2021, told Reuters. “He has been deprived of his own liberty for years, in awful conditions, for doing his job as a journalist,” she said.

The motion was approved on Tuesday, kick-starting a process that Raggi said she hoped could be completed by Christmas but may take slightly longer. Other Italian cities have taken similar steps. The northern city of Reggio Emilia granted Assange citizenship last month, while Naples is set to follow shortly. Further reading: Australian MPs To Lobby US To Drop Julian Assange Prosecution or Risk ‘Very Dangerous’ Precedent for Russia and China

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Source: Slashdot – Julian Assange To Be Made Honorary Citizen of Rome

Chinese multinational Zotac has announced a mini-PC built around two solid-state active cooling chips called the AirJet Pro and AirJet Mini. They’re designed by a company called Frore Systems. New Atlas reports: The AirJet tech is described as a self-contained active heat sink featuring membranes inside that vibrate at ultrasonic frequency, generating “a powerful flow of air” that’s pushed through vents at the top of the unit. These “high-velocity pulsating jets” remove heat from the processor and push it out through an integrated spout. Back at Computex 2023 in May, Zotac’s new Zbox mini-PC was announced as the first recipient of Frore’s cooling technology, in the shape of two near-silent AirJet Minis. Now The Zbox PI430AJ has launched to “select regions.” Zotac reckons that the active cooling modules can only be heard if the user places an ear against the Zbox’s housing.

The processor of choice for this “world’s first” device is an Intel Core i3-N300 octacore chip that can clock up to 3.8 GHz. This features integrated UHD graphics, and is supported by 8 GB of LPDDR5 RAM. The Windows flavor comes with 512 GB of SSD storage, while users who opt for the barebones version will need to install their own. The 114.8 x 76 x 23.8-mm (4.52 x 2.99 x 0.95-in) mini-PC sports two USB 3.2 Type-A ports plus one USB-C, HDMI and DisplayPort, Ethernet LAN and a combo headphone/microphone jack. Bluetooth 5.2 and Wi-Fi 6 are cooked in for wireless needs.

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Source: Slashdot – First Mini-PC With Solid-State Active Cooling System Launches

An anonymous reader quotes a report from Politico: The Consumer Financial Protection Bureau on Thursday released a landmark proposal restricting how financial institutions handle consumer data. […] The proposed rule — which faces months of feedback and lobbying from industry and consumer groups before it’s approved — would bar financial firms from “hoarding” a consumer’s data, the agency said. It would require companies to share information, at a customer’s request, with other businesses offering competing products and prevent them from charging for it.

Banks would be required to make personal financial data available to consumers free of charge, and companies that access a person’s data would not be able to use it for targeted advertising. Access to a person’s data would have to be reauthorized annually, and consumers would have the right to revoke access at any time. The proposal, which implements Section 1033 of the 2010 Dodd-Frank law, also “seeks to move the market away from risky data collection practices” such as screen scraping, the CFPB said. “It is often really daunting for a consumer to switch banks, in part because it’s difficult to take their financial transaction history data to a new bank,” White House National Economic Council Director Lael Brainard said on a call with reporters. “Today’s rule will help ensure financial companies compete based on service quality and pricing.”

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Source: Slashdot – CFPB Moves To Bar Financial Firms From ‘Hoarding’ a Consumer’s Data

An anonymous reader shares a report: In 2015, researchers reported a surprising discovery that stoked industry-wide security concerns — an attack called RowHammer that could corrupt, modify, or steal sensitive data when a simple user-level application repeatedly accessed certain regions of DDR memory chips. In the coming years, memory chipmakers scrambled to develop defenses that prevented the attack, mainly by limiting the number of times programs could open and close the targeted chip regions in a given time. Recently, researchers devised a new method for creating the same types of RowHammer-induced bitflips even on a newer generation of chips, known as DDR4, that have the RowHammer mitigations built into them. Known as RowPress, the new attack works not by “hammering” carefully selected regions repeatedly, but instead by leaving them open for longer periods than normal. Bitflips refer to the phenomenon of bits represented as ones change to zeros and vice versa.

Further amplifying the vulnerability of DDR4 chips to read-disturbance attacks — the generic term for inducing bitflips through abnormal accesses to memory chips — RowPress bitflips can be enhanced by combining them with RowHammer accesses. Curiously, raising the temperature of the chip also intensifies the effect. “We demonstrate a proof of concept RowPress program that can cause bitflips in a real system that already employs protections against RowHammer,” Onur Mutlu, a professor at ETH Zurich and a co-author of a recently published paper titled RowPress: Amplifying Read Disturbance in Modern DRAM Chips [PDF], wrote in an email. “Note that this is not in itself an attack. It simply shows that bitflips are possible and plenty, which can easily form the basis of an attack. As many prior works in security have shown, once you can induce a bitflip, you can use that bitflip for various attacks.”

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Source: Slashdot – There’s a New Way To Flip Bits in DRAM, and It Works Against the Latest Defenses

Discord is overhauling the way it moderates its platform with a new warning system and teen safety assist feature. From a report: The new Discord warning system has been totally revamped to be far more transparent, educating Discord users how they’ve broken rules and are restricted from parts of the service rather than permanently banning them. “The new system gives users more room to learn from their mistakes and correct misjudgments,” explains Savannah Badalich, Discord’s senior director of policy, in a briefing with The Verge. “We’re moving away from permanent bans to one-year temporary bans for many violations, except for violations that are extremely harmful.”

In the coming weeks, Discord will start to limit features for rule breakers, instead of banning them outright. If a Discord user violates the rules, then they’ll be met with a DM from Discord letting them know about the warning or violation and what action Discord is taking. So, if a Discord user uploads an image that breaks the rules, they might temporarily take away the ability to post images.

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Source: Slashdot – Discord is Going To Give Out Warnings Instead of Permanent Bans

The FCC has unanimously approved plans by several tech companies to use the 6GHz band for wireless devices. From a report: FCC Chair Jessica Rosenworcel proposed the new rules, which would authorize very low power (VLP) operations — meaning their signals won’t be able to go very far — in about 850MHz of the spectrum, on September 27th. The rules will also allow devices to “use higher power levels” so long as they’re geofenced to keep from interfering with actual licensed 6GHz usage, and the FCC will be taking comments on other ways it can expand 6GHz spectrum usage by technology devices.

A September Bloomberg report pointed to some of the kinds of devices the FCC’s affirmative vote could open up, including in-car connections, mobile virtual or augmented reality devices, and more. The FCC originally opened up 1,200MHz of the 6GHz spectrum for unlicensed use by Wi-Fi routers and client devices (think smartphones or laptops), giving home networks far more wireless overhead than existing Wi-Fi standards already had. This new approval expands the spectrum for much more general use.

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Source: Slashdot – FCC Greenlights Superfast Wi-Fi Tethering for AR and VR Headsets

New York Attorney General Letitia James is suing three cryptocurrency companies — Gemini, Genesis, and Digital Currency Group (DCG) — over claims they misled investors, leading to the loss of over $1 billion. From a report: In a lawsuit filed on Thursday, James says their alleged fraudulent schemes affected over 230,000 investors. The lawsuit targets Gemini, the crypto exchange owned by Cameron and Tyler Winklevoss, and its Earn program. The firm marketed Gemini Earn as a high-yield program that involved customers investing with Genesis Global Capital, which is owned by DCG. However, James alleges that Gemini knew investing with Genesis was risky and misled customers as a result.

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Source: Slashdot – New York Sues Crypto Firms For Losing Over Billion

Netflix said its effort to limit password sharing led to a 10.8% rise in subscriptions in the third quarter, a better-than-expected result that comes as the company plans to increase some prices in the U.S. and other markets. From a report: The streaming giant added 8.8 million subscribers in the third quarter with customer growth in every region, its largest quarterly customer gain since the second quarter of 2020. The company plans to immediately raise prices for its basic plan in the U.S., which is no longer available to new customers, to $11.99 from $9.99 and up the cost of its premium plan to $22.99 from $19.99.

It is also increasing some prices in the U.K. and France, though the cost of its ad-supported and standard ad-free plans are unchanged. The price increases are a sign of streamers’ efforts to improve profitability and wean consumers off the low monthly subscription fees that drew users away from pricey cable bundles in the early days of streaming.

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Source: Slashdot – Netflix Plans Price Increase as Password-Sharing Crackdown Boosts Subscriber Growth

Universal Music has filed a copyright infringement lawsuit against artificial intelligence start-up Anthropic, as the world’s largest music group battles against chatbots that churn out its artists’ lyrics. From a report: Universal and two other music companies allege that Anthropic scrapes their songs without permission and uses them to generate “identical or nearly identical copies of those lyrics” via Claude, its rival to ChatGPT. When Claude is asked for lyrics to the song “I Will Survive” by Gloria Gaynor, for example, it responds with “a nearly word-for-word copy of those lyrics,” Universal, Concord, and ABKCO said in a filing with a US court in Nashville, Tennessee.

“This copyrighted material is not free for the taking simply because it can be found on the Internet,” the music companies said, while claiming that Anthropic had “never even attempted” to license their copyrighted work. The lawsuit comes as the music industry is grappling with the rise of AI technology that can produce “deepfake” songs that mimic the voices, lyrics, or sound of established musicians. The issue drew attention earlier this year after an AI-produced song that mimicked the voices of Drake and The Weeknd spread online.

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Source: Slashdot – Universal Music Sues AI Startup Anthropic For Scraping Song Lyrics

In its antitrust confrontation with the government, the pillar of Google’s defense has been that innovation — not restrictive contracts, backed by billions in payments to industry partners — explains its success as the giant of internet search. From a report: Its competitive advantage, it says, is brilliant people, working tirelessly to improve its products. Pandu Nayak, Google’s first witness in the antitrust trial that began last month, is the face of that defense. Mr. Nayak, a vice president of search, was raised in India and graduated at the top of his class at one of that nation’s elite technical schools. He came to America, earned his Ph.D. in computer science at Stanford University and then spent seven years as a research scientist on artificial intelligence projects at NASA’s Ames Research Center in Silicon Valley.

Nineteen years ago, Mr. Nayak joined Google and found a particularly welcoming workplace, filled with professional friends. “At the end of the day, Google is a technology company — it really values the skills that I have,” Mr. Nayak said in his testimony on Wednesday. The computer scientist’s testimony is an attempt to rebut a central argument in the case filed by the Justice Department and 38 states and territories. Their suit claims that scale is essential to competition in search. That is, the more data from user queries a search engine collects, the more it learns to improve its service, which attracts still more users, advertisers and ad revenue. That flywheel, the suit says, is fueled by ever-increasing volumes of user data.

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Source: Slashdot – In Antitrust Trial, Google Argues That Smart Employees Explain Its Success

Finnish telecoms giant Nokia is to axe between 9,000 and 14,000 jobs by the end of 2026 to cut costs. From a report: The announcement was made as the company reported a 20% drop in sales between July and September. The company blamed slowing demand for 5G equipment in markets such as North America. It currently has 86,000 employees around the world, and has axed thousands of jobs since 2015. Nokia wants to cut costs by between $845m and $1.27bn by 2026, it said.

Its customers have been cutting spending amid high inflation and interest rates, it said. Advances in cloud computing and AI will need “significant investments in networks that have vastly improved capabilities,” said chief executive Pekka Lundmark. “However, given the uncertain timing of the market recovery, we are now taking decisive action,” he said. It said it wanted to “act quickly” by cutting costs by $422m in 2024, and $317m in 2025.

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Source: Slashdot – Nokia To Axe Up To 14,000 Jobs To Cut Costs

Google plans to begin assembling its Pixel smartphone lineup in India, a company executive said, becoming the latest tech giant to bet on the South Asian market for devices manufacturing. From a report: The company intends to start the local manufacturing with the current lineup — both the Pixel 8 and Pixel 8 Pro — in India and expects to ship the India-made batch starting next year, Rick Osterloh, Senior VP of Devices and Services at Google, shared at the company’s annual India event Thursday. India is a key overseas market for Google, which identifies the world’s most populous nation as its largest for many of its services including Android, Google Search, YouTube by user count. Thursday’s announcement follows Google, which has committed to invest over $10 billion in country over the the next few years, recently partnering with HP to manufacture Chromebook laptops in India.

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Source: Slashdot – Google To Manufacture Pixel Smartphones in India