The Accounting Uproar Over How Fast an AI Chip Depreciates

Tech giants including Meta, Alphabet, Microsoft and Amazon have all extended the estimated useful lives of their servers and AI equipment over the past five years, sparking a debate among investors about whether these accounting changes are artificially inflating profits. Meta this year increased its depreciation timeline for most servers and network assets to 5.5 years, up from four to five years previously and as little as three years in 2020. The company said the change reduced its depreciation expense by $2.3 billion for the first nine months of 2025. Alphabet and Microsoft now use six-year periods, up from three in 2020. Amazon extended to six years by 2024 but cut back to five years this year for some servers and networking equipment.

Michael Burry, the investor portrayed in “The Big Short,” called extending useful lives “one of the more common frauds of the modern era” in an article last month. Meta’s total depreciation expense for the nine-month period was almost $13 billion against pretax profit exceeding $60 billion.


Read more of this story at Slashdot.

Paramount makes a $108 billion hostile takeover bid for Warner Bros. Discovery

Paramount has been none too pleased about Netflix striking an $82.7 billion deal to buy much of Warner Bros. Discovery (WBD). Now, Paramount is making a hostile takeover bid for WBD. It’s making its pitch directly to WBD shareholders with an all-cash offer of $30 per share that expires on January 8.

Late last week, the WBD board unanimously accepted Netflix’s offer of $27.75 per share. That breaks down to $23.25 per share in cash and another $4.50 per share in Netflix stock. Netflix’s overall bid is valued at $82.7 billion, while Paramount’s totals $108.4 billion.

There’s a key difference when it comes to the Paramount offer, as it’s for all of WBD. The latter is scheduled to split into two companies next year. Netflix only wants the Streaming and Studios side of WBD’s business, which includes HBO Max and the Warner Bros. film, TV and game studios.

Paramount is after the whole shebang, including WBD’s cable channels (Global Networks). “WBD’s Board of Directors recommendation of the Netflix transaction over Paramount’s offer is based on an illusory prospective valuation of Global Networks that is unsupported by the business fundamentals and encumbered by high levels of financial leverage assigned to the entity,” Paramount said in a press release on Monday.

As of the end of September, WBD was carrying $34.5 billion of gross debt. It planned to saddle the Global Networks company (aka Discovery Global) with most of that. The Paramount offer includes financing from the Ellison family and RedBird Capital, but it would be taking on more debt to secure a deal for WBD. The bid includes “$54 billion of debt commitments from Bank of America, Citi and Apollo” (Engadget’s parent company).

In a letter sent to WBD CEO David Zazlav before the company accepted Netflix’s offer, Paramount questioned the “fairness and adequacy” of the sale process. It asked whether WBD was acting in the best interest of shareholders after the management team allegedly appeared to favor the Netflix offer.

“Despite Paramount submitting six proposals over the course of 12 weeks, WBD never engaged meaningfully with these proposals which we believe deliver the best outcome for WBD shareholders,” Paramount said. “Paramount has now taken its offer directly to WBD shareholders and its Board of Directors to ensure they have the opportunity to pursue this clearly superior alternative.”

Paramount — which Skydance bought for $8 billion this year — also claims that its offer is likely to face less regulatory scrutiny than the Netflix offer, which wouldn’t close until sometime after WBD splits in two later in 2026. According to CNBC, Paramount executives believe that the company’s smaller size and cozy relationship with the Trump administration will help streamline the regulatory process. Over the weekend, President Donald Trump said that Netflix’s bid for WBD has “got to go through a process, and we’ll see what happens. But it is a big market share. It could be a problem.”

This article originally appeared on Engadget at https://www.engadget.com/big-tech/paramount-makes-a-108-billion-hostile-takeover-bid-for-warner-bros-discovery-152248473.html?src=rss

One UI 8.5 Brings Big Changes To Android: New Features & Supported Devices Explained

One UI 8.5 Brings Big Changes To Android: New Features & Supported Devices Explained
Samsung has kicked off the One UI 8.5 beta program and, with it, promises “next-level ease of use” across Galaxy S25 devices (for now). Built on Android 16 QPR2, the latest Samsung mobile skin intends on bringing a unified and intelligent mobile experience, focusing intensely on productivity, system performance, and security.

Photo Assist

210K Power Banks Sold On Amazon Recalled After Fires Cause $380K In Damage

210K Power Banks Sold On Amazon Recalled After Fires Cause $380K In Damage
A popular power bank sold exclusively at Amazon is being recalled after over a dozen reports of the problematic unit overheating. In 11 of those reported incidents (out of 15), affected units caught fire, resulting in three minor burn injuries and over $380,000 in property damage. Suffice to say, if you own an affected power bank, stop using

Meta offers EU users ad-light option in push to end investigation

Meta has agreed to make changes to its “pay or consent” business model in the EU, seeking to agree to a deal that avoids further regulatory fines at a time when the bloc’s digital rule book is drawing anger from US authorities.

On Tuesday, the European Commission announced that the social media giant had offered users an alternative choice of Facebook and Instagram services that would show them fewer personalized advertisements.

The offer follows an EU investigation into Meta’s policy of requiring users either to consent to data tracking or pay for an ad-free service. The Financial Times reported on optimism that an agreement could be reached between the parties in October.

Read full article

Comments

Early Benchmarks Of Linux 6.19 Git Raising Some Concerns

While just half-way through the Linux 6.19 merge window, over the weekend I began running some benchmarks of the current Linux 6.19 Git state compared to Linux 6.18 LTS stable. There are some minor performance improvements to note in a few of the tests on the first system I tested but also some regressions at this very early pre-RC1 state of the Linux 6.19 kernel…

Rapha used more recycled than new polyester in 2024 according to latest impact report

Rapha has published its 2025 impact report, with headlines including the brand’s increased use of recycled polyester in its garments, for the first time using more recycled than virgin fibres in 2024. It aims to increase that figure to 80% by 2030.

Rapha already offers crash repairs and has launched a trade-in programme, Rapha ReRoute, for its clothing in the US, which it plans to extend to the UK, then more countries in Europe.

Other notable advances include the use of renewable energy to power its offices and 59% of its 22 clubhouses worldwide.

Lower impact supply chain

Rapha CEO Fran Millar.
Rapha CEO Fran Millar says the brand is working closely with its suppliers to cut emissions and waste. Tom Griffiths / Rapha

It’s been pointed out previously that, although cycling produces few emissions, the whole supply chain, and end-of-life disposal of bikes and cycling paraphernalia, is far from green.

The annual Climate Action Pulse Check published by Shift Cycling Culture, a pan-industry body, reports that 85% of its members consider reduction of climate impact as part of their product design and development.

But according to Rapha CEO, Fran Millar: “We have become the first cycling apparel brand to set a Science Based Target, committing to reduce greenhouse gas emissions across our operations and supply chain. This means working closely with our suppliers to cut emissions, extending the life of our products through circularity initiatives, and increasing our use of sustainable materials.”

At the top level, Rapha’s climate actions are targeting an 88% reduction in its own greenhouse gas emissions by 2030, with a further 45% reduction from its supply chain, which is its main source of emissions. It says it has already achieved a 35.6% reduction in the former and a 24% reduction in the latter since 2022, although with more products produced in 2024, its emissions have increased slightly from 2023.

Rapha says it’s also aiming to reduce waste from excess fabrics to 0.5% of its total and reduce the environmental impact of its packaging, both for transport and at individual item level. It says this is minimal, though, relative to its product production, which it calculates produced 11,035 tonnes of carbon dioxide equivalent in 2024, 98% of its total.

Rapha Gore-Tex Rain Jacket
Rapha’s impact report covers a wide range of measures, not just clothing production. Scott Windsor / Our Media

Alongside the above headlines, Rapha has set itself a range of targets for its impact, covering everything from supplier social and environmental performance to the removal of PFC forever chemicals from its clothes’ DWR coatings and the reduction in water consumption in production.

“We see sustainability as more than reducing our carbon footprint. It’s about protecting the rights of the people who make our products, and safeguarding the landscapes we ride through. It’s about changing the way we live, and opening cycling up to more people from every walk of life. It’s about leaving no one behind,” says Millar.

Among its other initiatives, Rapha has taken steps to eliminate its gender pay gap. In 2018, this stood at 18%, while by 2024, women on average earned 2.3% more than men at Rapha.

A further initiative aims to ensure all workers at the (non-Rapha owned) factories where its products are put together, principally in Vietnam, China, Portugal and Indonesia, receive a living wage and have representation mechanisms.

You can read the full Environmental Impact Report on Rapha’s site. It’s part of Rapha’s new focus under Millar, which has also seen the brand move away from its seven years of kitting out the EF Education pro team to new partnerships with USA Cycling and the East African Team Amani.

Paramount Skydance Launches Hostile Bid For WBD After Netflix Wins Bidding War

Paramount Skydance is launching a hostile bid to buy Warner Bros. Discovery after it lost out to Netflix in a months-long bidding war for the legacy assets, the company said Monday. CNBC: Paramount will go straight to WBD shareholders with an all-cash, $30-per-share offer. That’s the same bid WBD rejected last week, according to people familiar with the bid who asked not to be named because the details were private. The offer is backstopped with equity financing from the Ellison family and the private-equity firm RedBird Capital and $54 billion of debt commitments from Bank of America, Citi and Apollo Global Management.

“We’re really here to finish what we started,” Ellison told CNBC’s “Squawk on the Street” Monday. “We put the company in play.” On Friday, Netflix announced a deal to acquire WBD’s studio and streaming assets for $72 billion. David Ellison-run Paramount had been bidding for the entirety of Warner Bros. Discovery, including those assets and the company’s TV networks like CNN and TNT Sports.


Read more of this story at Slashdot.

Blink budget security cameras will support AI-powered video descriptions

Amazon’s budget Blink smart home brand is adding AI-generated video descriptions as a new benefit for subscribers. Blink Video Descriptions are text descriptions of the motion doorbells and cameras capture, and they’ll be available in beta starting today, November 17.

Not unlike Ring Video Descriptions, a feature offered on Amazon’s other smart home brand, Blink’s AI-generated descriptions are supposed to be a concise way to check out what’s happening in and around your home. Any kind of motion can produce a video clip and a notification in the Blink app, but video descriptions should help weed out which ones are worth watching and worrying about.

Blink says Video Descriptions will be supported on all existing Blink doorbells and cameras, provided you’re paying to be a Blink subscriber for at least $4 a month or $40 a year. That means if you’ve scooped up one of the new Blink 2K+, Blink Outdoor 2K+ or Blink Arc cameras, you’ll be able to take advantage of the feature.

Blink Video Descriptions start rolling out to subscribers today in beta, though not in Illinois, possibly due to the state’s Biometric Information Privacy Act.

This article originally appeared on Engadget at https://www.engadget.com/home/smart-home/blink-budget-security-cameras-will-support-ai-powered-video-descriptions-143000725.html?src=rss

The Google Pixel Watch 4 is cheaper than ever right now

Cyber Monday has come and gone, but you can still get a great deal on a smartwatch with the Google Pixel Watch 4 marked down to $300 from $350. At almost 15 percent off, this is the lowest we’ve ever seen it.

The Pixel Watch 4 was just released in October and is our smartwatch of choice for users with Pixel phones. In our hands-on review we scored it 86 out of 100, taking note of its fast recharge time, health and fitness tracking, repairable design and gorgeous display.

The curved display sits under a domed glass cover and sports an impressive 3,000 nits of peak brightness, well beyond the 2,000 nits max of the Apple Watch Series 11. This makes the Pixel Watch 4 about 50 percent brighter than the previous generation, and thanks to smaller bezels the display is about 10 percent bigger.

The new generation also adds dual-frequency GPS, updated processors and a custom haptic engine. It also boasts a more repairable design thanks to a case that can be easily unscrewed to replace the display or battery. We did find the gesture based raise-to-talk Gemini feature a little gimmicky, and users should note that the watch must be connected to the internet for Gemini to work.

Thanks to all this, we named the Pixel Watch 4 the best smartwatch for Android users. It’s as good a workout companion as a daily watch and offers peace of mind with emergency SOS via satellite. If you’re an Android user in the market for a smartwatch, this is one of the best deals available now.

Follow @EngadgetDeals on X for the latest tech deals and buying advice.

This article originally appeared on Engadget at https://www.engadget.com/wearables/the-google-pixel-watch-4-is-cheaper-than-ever-right-now-141715083.html?src=rss

The Boys gears up for a Supe-ocalypse in S5 teaser

Prime Video dropped an extended teaser for the fifth and final season of The Boys—based on the comic book series of the same name by Garth Ennis and Darick Robertson—during CCXP in Sao Paulo, Brazil. And it looks like we’re getting nothing less than a full-on Supe-ocalypse as an all-powerful Homelander seeks revenge on The Boys.

(Spoilers for prior seasons of The Boys and S2 of Gen V below.)

Things were not looking good for our antiheroes after the S4 finale. They managed to thwart the assassination of newly elected US President Robert Singer, but new Vought CEO/evil Supe Sister Sage (Susan Heyward) essentially overthrew the election and installed Senator Steve Calhoun (David Andrews) as president. Calhoun declared martial law, and naturally Homelander (Antony “Give Him an Emmy Already” Starr) swore loyalty as his chief enforcer. Butcher (Karl Urban) and Annie (Erin Moriarty) escaped, but the rest of The Boys were rounded up and placed in re-education—er, “Freedom”—camps.

Read full article

Comments

How to Spot a ‘Sleeper’ Browser Extension That’s Actually Malware

Malicious extensions do occasionally find their way into the Chrome Web Store (and similar libraries in other browsers) by posing as legitimate add-ons. They are particularly difficult to catch when they are benign to begin with, only morphing into malware after gaining user trust.

That’s what happened with a number of extensions on Google Chrome and Microsoft Edge: researchers at Koi Security identified add-ons across both browsers that operated legitimately for several years before receiving malicious updates that allow hackers to surveil users and collect and exfiltrate sensitive data. The scheme, known as ShadyPanda, reached four million downloads and is still active on Edge.

Threat actors ran a similar campaign targeting Firefox earlier this year: They gained approval for benign extensions mimicking popular crypto wallets, accumulated downloads and positive reviews, and then injected the add-ons with malicious code capable of logging form field inputs, which they used to access and steal crypto assets.

Browser extensions can turn bad

As Koi Security outlines, ShadyPanda started out as an affiliate scam, with 145 extensions masquerading as wallpaper and productivity apps across the two browsers. The initial phase injected affiliate tracking codes and paid commissions with clicks to eBay, Amazon, and Booking.com and then evolved to hijack and manipulate search results before launching the five extensions in 2018 that would later be converted to malware.

Those add-ons were marked as Featured and Verified in Chrome—one, a cache cleaner known as Clean Master, accrued a 4.8 rating from thousands of reviews. The extensions were updated in 2024 to run malware that could check hourly for new instructions and maintain full browser access, feeding information to ShadyPanda’s servers. (These have since been removed from Chrome.)

Hackers launched an additional five extensions, including WeTab, to Edge in 2023. Two are comprehensive spyware, and all were still active as of Koi’s report.

How to find malicious extensions in Chrome and Edge

Unfortunately, malicious extensions are usually pretending to be something else, so a quick visual check of your installed extensions may not reveal a problem. In this case, Koi Security has a list of the extension IDs associated with the ShadyPanda campaign, and you’ll have to search for them one by one.

In Chrome, type chrome://extensions/ into your address bar and hit Enter. Toggle on Developer mode in the top-right corner to reveal the IDs for installed extensions. From here, you can copy and paste each ID into the search bar (Ctrl+F on your PC or Cmd+F on your Mac). If there are no results, your browser is safe. If you do find a malicious add-on, click the Remove button. In Edge, follow the same process from edge://extensions/.

While this campaign shows that extensions can be weaponized long after they’ve been installed, you should still follow best practices for vetting browser add-ons just as you would apps for your device. Check the name carefully, as fraudulent extensions often have names that are nearly identical to trustworthy ones. Review the description for any red flags, such as misspellings and unrelated images. If you see a lot of positive reviews in a short amount of time on a new extension, or if they seem to be reviewing something else entirely, proceed with caution. You can also do additional research, such as a search on Google or Reddit, to see if the extension is legit.