Best Buy Will Reportedly Stop Selling DVDs and Blu-Ray Starting Next Year

According to The Digital Bits, Best Buy will exit the physical media business as soon as the end of the first quarter of 2024. From a report: Best Buy has been phasing out DVDs from its stores, but The Digital Bits reports that Best Buy would even stop offering it on its site as well, signaling a complete break from physical media. The report noted that some studios have shifted their inventory of Blu-Ray and 4K Steelbook titles toward Amazon.

The move is another hint at the possible end of physical media as consumers gravitate towards streaming services and their extensive libraries, or digital downloads. This comes as one of the largest distributors of DVDs and Blu-Rays, Ingram Entertainment, said it was exiting the business just as Walmart is looking to take over management of Studio Distribution Services (SDS), which handles the distribution of physical media. Disney ceased selling physical media in Australia.

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Source: Slashdot – Best Buy Will Reportedly Stop Selling DVDs and Blu-Ray Starting Next Year

People Send 20 Billion Pounds of 'Invisible' E-Waste To Landfills Each Year

An anonymous reader quotes a report from Popular Science: One e-toy for every person on Earth — that’s the staggering amount of electric trains, drones, talking dolls, R/C cars, and other children’s gadgets tossed into landfills every year. Some of what most consumers consider to be e-waste — like electronics such as computers, smartphones, TVs, and speaker systems — are usual suspects. Others, like power tools, vapes, LED accessories, USB cables, anything involving rechargeable lithium batteries and countless other similar, “nontraditional” e-waste materials, are less obviously in need of special disposal. In all, people across the world throw out roughly 9 billion kilograms (19.8 billion pounds) of e-waste commonly not recognized as such by consumers.

This “invisible e-waste” is the focal point of the sixth annual International E-Waste Day on October 14, organized by Waste Electrical and Electronic Equipment (WEEE) Forum. In anticipation of the event, the organization recently commissioned the United Nations Institute for Training and Research (UNITAR) to delve into just how much unconventional e-waste is discarded every year — and global population numbers are just some of the ways to visualize the issue.

According to UNITAR’s findings, for example, the total weight of all e-cig vapes thrown away every year roughly equals 6 Eiffel Towers. Meanwhile, the total weight of all invisible e-waste tallies up to “almost half a million 40 [metric ton] trucks,” enough to create a bumper-to-bumper traffic jam stretching approximately 3,504 miles — the distance between Rome and Nairobi. From a purely economic standpoint, nearly $10 billion in essential raw materials is literally thrown into the garbage every year. Further reading: Half a Billion Cheap Electrical Items Go To UK Landfills in a Year, Research Finds

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Source: Slashdot – People Send 20 Billion Pounds of ‘Invisible’ E-Waste To Landfills Each Year

'No Fakes Act' Wants To Protect Actors and Singers From Unauthorized AI Replicas

Emilia David reports via The Verge: A bipartisan bill seeks to create a federal law to protect actors, musicians, and other performers from unauthorized digital replicas of their faces or voices. The Nurture Originals, Foster Art, and Keep Entertainment Safe Act of 2023 — or the No Fakes Act — standardizes rules around using a person’s faces, names, and voices. Sens. Chris Coons (D-DE), Marsha Blackburn (R-TN), Amy Klobuchar (D-MN), and Thom Tillis (R-NC) sponsored the bill.

It prevents the “production of a digital replica without consent of the applicable individual or rights holder” unless part of a news, public affairs, sports broadcast, documentary, or biographical work. The rights would apply throughout a person’s lifetime and, for their estate, 70 years after their death. The bill includes an exception for using digital duplicates for parodies, satire, and criticism. It also excludes commercial activities like commercials as long as the advertisement is for news, a documentary, or a parody. Individuals, as well as entities like a deceased person’s estate or a record label, can file for civil action based on the proposed rules. The bill also explicitly states that a disclaimer stating the digital replica was unauthorized won’t be considered an effective defense.

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Source: Slashdot – ‘No Fakes Act’ Wants To Protect Actors and Singers From Unauthorized AI Replicas

Apple AirTags Triggered 'Explosion' of Stalking Reports Nationwide, Lawsuit Says

Ashley Belanger reports via Ars Technica: This month, more than three dozen victims allegedly terrorized by stalkers using Apple AirTags have joined a class-action lawsuit filed in a California court last December against Apple. They alleged in an amended complaint (PDF) that, partly due to Apple’s negligence, AirTags have become “one of the most dangerous and frightening technologies employed by stalkers” because they can be easily, cheaply, and covertly used to determine “real-time location information to track victims.” Since the lawsuit was initially filed in 2022, plaintiffs have alleged that there has been an “explosion of reporting” showing that AirTags are frequently being used for stalking, including a spike in international AirTags stalking cases and more than 150 police reports in the US as of April 2022. More recently, there were 19 AirTags stalking cases in one US metropolitan area — Tulsa, Oklahoma — alone, the complaint said.

This seeming escalation is concerning, plaintiffs say, because Apple allegedly has not done enough to mitigate harms, and AirTags stalking can lead to financial ruin, as victims bear significant costs like hiring mechanics to strip their cars to locate AirTags or repeatedly relocating their homes. AirTags stalking can also end in violence, including murder, plaintiffs alleged, and the problem is likely bigger than anyone knows, because stalking is historically underreported. […] Many plaintiffs said they had no clue what AirTags were when they first discovered hidden AirTags were being used to monitor their moves. At the very least, plaintiffs want Apple to be responsible for raising awareness of how AirTags are used by stalkers — not just to inform people who are at risk of stalking but also to ensure law enforcement is aware. Plaintiffs have alleged that Apple did not provide information to police that prevented them from accessing protective orders and pressing criminal charges. The complaint also suggested other remedies Apple could provide, like improving the consistency of AirTag alerts, which plaintiffs claimed only sometimes appeared on iPhones, so that users are always aware when an AirTag is nearby. “Apple continues to find itself in the position of reacting to the harms its product has unleashed, as opposed to prophylactically preventing those harms,” the complaint said.

A technology specialist for the National Network to End Domestic Violence, Corbin Streett, is also quoted in the complaint, pointing out that Apple’s threat model seemed to only consider risks of strangers using AirTags for unwanted stalking, not abusive partners. That’s a problem since advocacy groups like the federally funded Stalking Prevention, Awareness, & Resource Center report (PDF) that the “vast majority of stalking victims are stalked by someone they know” and “intimate partner stalkers are the most likely stalkers to approach, threaten, and harm their victims.” “I hope Apple keeps their learning hat on and works to figure out that piece of the puzzle,” Streett said.

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Source: Slashdot – Apple AirTags Triggered ‘Explosion’ of Stalking Reports Nationwide, Lawsuit Says

Europe Mulls Open Sourcing TETRA Emergency Services' Encryption Algorithms

Jessica Lyons Hardcastle reports via The Register: The European Telecommunications Standards Institute (ETSI) may open source the proprietary encryption algorithms used to secure emergency radio communications after a public backlash over security flaws found this summer. “The ETSI Technical Committee in charge of TETRA algorithms is discussing whether to make them public,” Claire Boyer, a spokesperson for the European standards body, told The Register. The committee will discuss the issue at its next meeting on October 26, she said, adding: “If the consensus is not reached, it will go to a vote.”

TETRA is the Terrestrial Trunked Radio protocol, which is used in Europe, the UK, and other countries to secure radio communications used by government agencies, law enforcement, military and emergency services organizations. In July, a Netherlands security biz uncovered five vulnerabilities in TETRA, two deemed critical, that could allow criminals to decrypt communications, including in real-time, to inject messages, deanonymize users, or set the session key to zero for uplink interception. At the time ETSI downplayed the flaws, which it said had been fixed last October, and noted that “it’s not aware of any active exploitation of operational networks.”

At the time ETSI downplayed the flaws, which it said had been fixed last October, and noted that “it’s not aware of any active exploitation of operational networks.” It did, however, face criticism from the security community over its response to the vulnerabilities — and the proprietary nature of the encryption algorithms, which makes it more difficult for proper pentesting of the emergency network system. “This whole idea of secret encryption algorithms is crazy, old-fashioned stuff,” said security author Kim Zetter who first reported the story. “It’s very 1960s and 1970s and quaint. If you’re not publishing [intentionally] weak algorithms, I don’t know why you would keep the algorithms secret.”

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Source: Slashdot – Europe Mulls Open Sourcing TETRA Emergency Services’ Encryption Algorithms

ACT Test Scores For US Students Drop To a 30-Year Low

An anonymous reader quotes a report from NPR: High school students’ scores on the ACT college admissions test have dropped to their lowest in more than three decades, showing a lack of student preparedness for college-level coursework, according to the nonprofit organization that administers the test. Scores have been falling for six consecutive years, but the trend accelerated during the COVID-19 pandemic. Students in the class of 2023 whose scores were reported Wednesday were in their first year of high school when the virus reached the U.S.

The average ACT composite score for U.S. students was 19.5 out of 36. Last year, the average score was 19.8. The average scores in reading, science and math all were below benchmarks the ACT says students must reach to have a high probability of success in first-year college courses. The average score in English was just above the benchmark but still declined compared to last year.

About 1.4 million students in the U.S. took the ACT this year, an increase from last year. However, the numbers have not returned to pre-pandemic levels. [Janet Godwin, chief executive officer for the nonprofit ACT] said she doesn’t believe those numbers will ever fully recover, partly because of test-optional admission policies. Of students who were tested, only 21% met benchmarks for success in college-level classes in all subjects. Research from the nonprofit shows students who meet those benchmarks have a 50% chance of earning a B or better and nearly a 75% chance of earning a C or better in corresponding courses. Further reading: Accounting Graduates Drop By Highest Percentage in Years

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Source: Slashdot – ACT Test Scores For US Students Drop To a 30-Year Low

Google Removes the Photo Sphere Mode From the Pixel 8 Camera

Since 2012, Google Pixel phones have had a Photo Sphere Mode, allowing users to capture 360-degree images. Now, according to Android Authority, Google has dropped the feature from the Pixel 8 series with no explanation given. From the report: Photo Sphere Mode allowed you to capture panoramic 360-degree pictures by stitching multiple images together. The feature was first introduced back in 2012 on the Nexus 4 and persisted well into the Pixel era, with the likes of the Pixel Fold and Pixel 7a still offering it. The act of capturing a Photo Sphere wasn’t exactly seamless owing to the sheer number of images required, although it had an admittedly intuitive UI. Significant stitching issues and exposure/white balance differences were also very common.

We’re therefore not surprised Google has decided to drop the feature. Even without taking the aforementioned issues into account, the mode’s utility seemed limited beyond some scenarios like mapping purposes (e.g. viewing environments in Google Maps) and VR. In saying so, we hope the company rebounds with a more polished take on 360-degree photos in the future.

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Source: Slashdot – Google Removes the Photo Sphere Mode From the Pixel 8 Camera

New York Seeks To Limit Social Media's Grip On Children's Attention

An anonymous reader quotes a report from the New York Times: New York State officials on Wednesday unveiled a bill to protect young people from potential mental health risks by prohibiting minors from accessing algorithm-based social media feeds unless they have permission from their parents. Gov. Kathy Hochul and Letitia James, the state attorney general, announced their support of new legislation to crack down on the often inscrutable algorithms, which they argue are used to keep young users on social media platforms for extended periods of time — sometimes to their detriment. If the bill is passed and signed into law, anyone under 18 in New York would need parental consent to access those feeds on TikTok, Instagram, Facebook, YouTube, X and other social media platforms that use algorithms to display personalized content. While other states have sought far-reaching bans and measures on social media apps, New York is among a few seeking to target the algorithms more narrowly.

The legislation, for example, would target TikTok’s central feature, its ubiquitous “For You” feed, which displays boundless reams of short-form videos based on user interests or past interactions. But it would not affect a minor’s access to the chronological feeds that show posts published by the accounts that a user has decided to follow. The bill would also allow parents to limit the number of hours their children can spend on a platform and block their child’s access to social media apps overnight, from midnight until 6 a.m., as well as pause notifications during that time.

The bill in New York, which could be considered as soon as January when the 2024 legislative session begins, is likely to confront resistance from tech industry groups. The bill’s sponsors, State Senator Andrew Gounardes and Assemblywoman Nily Rozic, said they were readying for a fight. But Ms. Hochul’s enthusiastic support of the bill — she rarely joins lawmakers to introduce bills — is a sign that it could succeed in the State Capitol, which Democrats control. A second bill unveiled on Wednesday is meant to protect children’s privacy by prohibiting websites from “collecting, using, sharing, or selling personal data” from anyone under 18 for the purpose of advertising, unless they receive consent, according to a news release. Both bills would empower the state attorney general to go after platforms found in violation.

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Source: Slashdot – New York Seeks To Limit Social Media’s Grip On Children’s Attention

Accounting Graduates Drop By Highest Percentage in Years

The pool of U.S. students who completed accounting degrees dropped sharply in the latest available academic year as more workers in the profession retire without an adequate pipeline of entrants to fill the gap. From a report: Roughly 47,070 students earned a bachelor’s degree in accounting in the 2021 to 2022 academic year, down 7.8% from the prior year, according to an annual report released Thursday by the American Institute of Certified Public Accountants, a professional organization. About 18,240 students received a master’s degree in that academic year, down 6.4% from the prior year. That is compared with drops of 2.8% and 4.7% for graduates with bachelor’s and master’s degrees in accountants in the prior-year period, respectively.

Overall, the number of U.S. accounting graduates with either degree dropped 7.4% to 65,305 in the 2021 to 2022 year, the largest drop in a single year since at least the 1994 to 1995 year, when 51,622 students graduated in accounting, a review of AICPA data showed. Fewer people are selecting accounting as their career, citing low salaries compared with industries such as tech and banking. Young workers are wary of the requirement of 150 college credit hours for getting a certified public accountant license, posing additional costs and time commitment.

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Source: Slashdot – Accounting Graduates Drop By Highest Percentage in Years

Who Runs the Best US Schools? It May Be the Defense Department

Schools for children of military members achieve results rarely seen in public education. From a report: Amy Dilmar, a middle-school principal in Georgia, is well aware of the many crises threatening American education. The lost learning that piled up during the coronavirus pandemic. The gaping inequalities by race and family income that have only gotten worse. A widening achievement gap between the highest- and lowest-performing students. But she sees little of that at her school in Fort Moore, Ga. The students who solve algebra equations and hone essays at Faith Middle School attend one of the highest-performing school systems in the country. It is run not by a local school board or charter network, but by the Defense Department. With about 66,000 students — more than the public school enrollment in Boston or Seattle — the Pentagon’s schools for children of military members and civilian employees quietly achieve results most educators can only dream of.

On the National Assessment of Educational Progress, a federal exam that is considered the gold standard for comparing states and large districts, the Defense Department’s schools outscored every jurisdiction in math and reading last year and managed to avoid widespread pandemic losses. Their schools had the highest outcomes in the country for Black and Hispanic students, whose eighth-grade reading scores outpaced national averages for white students. Eighth graders whose parents only graduated from high school — suggesting lower family incomes, on average — performed as well in reading as students nationally whose parents were college graduates. The schools reopened relatively quickly during the pandemic, but last year’s results were no fluke. While the achievement of U.S. students overall has stagnated over the last decade, the military’s schools have made gains on the national test since 2013. And even as the country’s lowest-performing students — in the bottom 25th percentile — have slipped further behind, the Defense Department’s lowest-performing students have improved in fourth-grade math and eighth-grade reading.

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Source: Slashdot – Who Runs the Best US Schools? It May Be the Defense Department

Cloud Gaming Firm Shadow Says Hackers Stole Customers' Personal Data

French technology company Shadow has confirmed a data breach involving customers’ personal information. TechCrunch: The Paris-headquartered startup, which offers gaming through its cloud-based PC service, said in an email to customers this week that hackers had accessed their personal information after a successful social engineering attack targeted the company. “At the end of September, we were the victim of a social engineering attack targeting one of our employees,” Shadow CEO Eric Sele said in the email, seen by TechCrunch. “This highly sophisticated attack began on the Discord platform with the downloading of malware under cover of a game on the Steam platform, proposed by an acquaintance of our employee, himself a victim of the same attack.”

Shadow said that though its security team took unspecified “immediate action,” the hackers were able to connect to the management interface of one of the company’s software-as-a-service (SaaS) providers to obtain customers’ private data. That data includes full names, email addresses, dates of birth, billing addresses and credit card expiry dates. Shadow says no passwords or sensitive banking data were compromised.

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Source: Slashdot – Cloud Gaming Firm Shadow Says Hackers Stole Customers’ Personal Data

OpenAI Has Quietly Changed Its 'Core Values'

ChatGPT creator OpenAI quietly revised all of the “Core values” listed on its website in recent weeks, putting a greater emphasis on the development of AGI — artificial general intelligence. From a report: CEO Sam Altman has described AGI as “the equivalent of a median human that you could hire as a co-worker.” OpenAI’s careers page previously listed six core values for its employees, according to a September 25 screenshot from the Internet Archive. They were Audacious, Thoughtful, Unpretentious, Impact-driven, Collaborative, and Growth-oriented. The same page now lists five values, with “AGI focus” being the first. “Anything that doesn’t help with that is out of scope,” the website reads. The others are Intense and scrappy, Scale, Make something people love, and Team spirit.

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Source: Slashdot – OpenAI Has Quietly Changed Its ‘Core Values’

Xbox Game Studios Could Use Board Games To Revisit Dormant Franchises

Microsoft could use board games to revisit dormant franchises owned by Xbox Game Studios, with Zoo Tycoon: The Board Game potentially being the first of many. From a report: Zoo Tycoon was developed by Elite: Dangerous studio Frontier Developments and published by Microsoft Studios (the previous name for Xbox Game Studios), on November 22, 2013 for Xbox One and Xbox 360. Speaking to Xbox Wire, Xbox Game Studios executive producer Robert Jerauld said this board game adaptation is a “prime illustration” of how Microsoft could expand its franchises that don’t have video games in active development. “It’s crucial to recognize that even if certain franchises aren’t currently undergoing active development, they can still be actively appreciated by their fans,” Jerauld said.

“Zoo Tycoon serves as a prime illustration of this. It presents a valuable chance for Microsoft to extend gratitude to the dedicated and ardent Zoo Tycoon fans who have worked tirelessly to sustain the game’s enchantment. We acknowledge your dedication and deeply appreciate you.” While Jerauld didn’t say if he had any other dormant franchises in mind, Xbox certainly has a wealth to choose from. These could include Banjo-Kazooie, Viva Pinata, Blinx: The Time Sweeper, Project Gotham Racing, MechAssault and plenty more. There are some bigger names that haven’t seen a release in a long time, of course, but many of these currently have sequels in development at Xbox.

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Source: Slashdot – Xbox Game Studios Could Use Board Games To Revisit Dormant Franchises

Google To Defend Generative AI Users From Copyright Claims

Google said on Thursday that it will defend users of generative AI systems in its Google Cloud and Workspace platforms if they are accused of intellectual property violations, joining Microsoft, Adobe and other companies that have made similar pledges. From a report: Major technology companies like Google have been investing heavily in generative AI and racing to incorporate it into their products. Prominent writers, illustrators and other copyright owners have said in several lawsuits that both the use of their work to train the AI systems and the content the systems create violate their rights. “To our knowledge, Google is the first in the industry to offer a comprehensive, two-pronged approach to indemnity” that specifically covers both types of claims, a company spokesperson said. Google said its new policy applies to software, including its Vertex AI development platform and Duet AI system, which generates text and images in Google Workspace and Cloud programs.

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Source: Slashdot – Google To Defend Generative AI Users From Copyright Claims

Half a Billion Cheap Electrical Items Go To UK Landfills in a Year, Research Finds

Almost half a billion small, cheap electrical everyday items from headphones to handheld fans ended up in landfill in the UK in the past year, according to research. The Guardian: The not-for-profit organisation Material Focus, which conducted the research, said the scale of the issue was huge and they wanted to encourage more recycling. More than half a billion cheaply priced electronic goods were bought in the UK in the past year alone — 16 per second. Material Focus findings showed that of these items, 471m were thrown away. This included 260m disposable vapes, 26m cables, 29m LED, solar and decorative lights, 9.8m USB sticks, and 4.8m miniature fans.

Scott Butler, executive director at Material Focus, described it as “fast tech.” He said: “People should think carefully about buying some of the more frivolous … items in the first place.” He said the items people bought were often “cheap and small,” and that consumers may not realise they contain valuable materials that could be salvaged if recycled. Small electricals can contain precious materials including copper, lithium and stainless steel. These components can be recycled and used in wind turbines, medical devices and electric vehicles. Material Focus said that while people were used to the idea of recycling larger electrical items such as fridges, lots of smaller devices were left unused in houses.

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Source: Slashdot – Half a Billion Cheap Electrical Items Go To UK Landfills in a Year, Research Finds

YouTube TV, Which Costs $73 a Month, Agrees To End '$600 Less Than Cable' Ads

Google has agreed to stop advertising YouTube TV as “$600 less than cable” after losing an appeal of a previous ruling that went against the company. Google said it will “modify or cease the disputed advertising claim.” From a report: The case was handled in the advertising industry’s self-regulatory system, not in a court of law. The National Advertising Review Board (NARB) announced today that it rejected Google’s appeal and recommended that the company discontinue the YouTube TV claim. YouTube TV launched in 2017 for $35 a month, but the base package is $72.99 after the latest price hike in March 2023. Google’s “$600 less than cable” claim was challenged by Charter, which uses the brand name Spectrum and is the second-biggest cable company after Comcast. The National Advertising Division (NAD) previously ruled in Charter’s favor but Google appealed the decision to the NARB in August.

“Charter contended the $600 figure was inaccurate, arguing that its Spectrum TV Select service in Los Angeles only cost around $219 a year more than Google’s YouTube TV service,” according to a MediaPost article in August. A Google ad claimed that YouTube TV provided $600 in “annual average savings” compared to cable as of January 2023. A disclosure on the ad said the price was for “new users only” and that the $600 annual savings was “based on a study by SmithGeiger of the published cost of comparable standalone cable in the top 50 Nielsen DMAs, including all fees, taxes, promotion pricing, DVR box rental and service fees, and a 2nd cable box.”

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Source: Slashdot – YouTube TV, Which Costs a Month, Agrees To End ‘0 Less Than Cable’ Ads

IRS Says Microsoft Owes an Additional $29 Billion in Back Taxes

Microsoft received Notices of Proposed Adjustment from the Internal Revenue Service for an additional tax payment of $28.9 billion, the company said in an 8-K filing Wednesday. From a report: Microsoft said the dispute concerns the company’s allocated profits between countries and jurisdictions between 2004 and 2013. It said up to $10 billion in taxes that the company has already paid are not reflected in the proposed adjustments made by the IRS. Microsoft plans to contest the notices through the IRS’ administrative appeal and is willing to go to judicial proceedings, if necessary.

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Source: Slashdot – IRS Says Microsoft Owes an Additional Billion in Back Taxes

Atlassian To Buy Video Messaging Provider Loom for Nearly $1 Billion

Atlassian said on Thursday it had agreed to acquire privately held video messaging platform Loom for about $975 million, beefing up its team collaboration tools to tap into resilient demand fueled by the adoption of hybrid work. From a report: Integration of Loom’s technology into Atlassian software such as collaboration tools Jira and Confluence will help users use video in their workflows. The acquisition of Loom, which has more than 25 million users globally, will enable customers communicate and collaborate more effectively, Atlassian said.

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Source: Slashdot – Atlassian To Buy Video Messaging Provider Loom for Nearly Billion

YouTube Passes Netflix As Top Video Source For Teens

A new survey from investment bank Piper Sandler found that teens in the U.S. consume more videos on YouTube than Netflix. CNBC reports: Teens polled by the bank said they spent 29.1% of their daily video consumption time on Google-owned YouTube, beating out Netflix for the first time at 28.7%. Time on YouTube rose since the spring, adding nearly a percentage point, while Netflix fell more than two percentage points. The data point shows that the streaming business is getting more competitive, and highlights YouTube’s strong position as a free provider of online video, especially among young people. “We wonder if this is a push or a pull in regards to the changing consumption habits, as content on YouTube appears to be improving over time and the streaming industry becomes more and more competitive,” Piper Sandler analysts wrote.

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Source: Slashdot – YouTube Passes Netflix As Top Video Source For Teens

Croatia Wants To Turn Superhot Underground Lake Into a 16MW Geothermal Power Plant

A Croatian energy company has discovered an underwater lake of superheated water that meets all the requirements for the construction of a 16MW geothermal power plant. The Next Web reports: The find was the result of a two-year study by state-run power company Bukotermal that sought to find suitable sites for the exploitation of the energy source, generated by heat from the Earth’s core. The research verified the presence of a geothermal water source at Lunjkovec — Kutnjak field, located in the Varazdin County, close to the border with Hungary. The underground lake, located at a depth of 2.4 kilometers, has an average temperature of 142.03 degrees Celsius.

To date, over 2.5 million euros has been invested in the project. However, according to Alen Pozgaj, CEO of Bukotermal, the total cost to build the plant would be around 50 million euros. The news comes just days after the Croatian Ministry of Economy and Sustainable Development awarded five licenses for the exploration of geothermal waters to firms from Croatia, the United Kingdom, and Turkey. […] For now, Bukotermal has a six-month timeframe to propose how it will exploit the newly discovered geothermal pool. The company plans to construct one or more geothermal power plants and heat utilization facilities at the site, with construction expected to start within two years time.

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Source: Slashdot – Croatia Wants To Turn Superhot Underground Lake Into a 16MW Geothermal Power Plant