Long-time Slashdot reader schwit1 shares a Substack post by economist/entrepreneur Skander Garroum: You know that feeling when you're waiting for the cable guy, and they said 'between 8am and 6pm, and you waste your entire day, and they never show up? Now imagine that, except the cable guy is 'electricity,' the day is '50 years,' and you're one of 600 million people. At some point, you stop waiting and figure it out yourself. What's happening across Sub-Saharan Africa right now is the most ambitious infrastructure project in human history, except it's not being built by governments or utilities or World Bank consortiums. It's being built by startups selling solar panels to farmers on payment plans. And it's working. Over 30 million solar products sold in 2024. 400,000 new solar installations every month across Africa. 50% market share captured by companies that didn't exist 15 years ago. Carbon credits subsidizing the cost. IoT chips in every device. 90%+ repayment rates on loans to people earning $2/day. And if you understand what's happening in Africa, you understand the template for how infrastructure will get built everywhere else for the next 50 years.

Read more of this story at Slashdot.

It was the first allegation of a crime committed in space — back in 2019. But by 2020 it had led to charges of lying to federal authorities. And now a former Air Force intelligence officer "has pleaded guilty to lying to a federal agent," reports CNBC, "by falsely claiming that her estranged astronaut wife illegally accessed her bank account while aboard the International Space Station for six months, prosecutors in Houston, Texas, said Friday." The guilty plea by Summer Worden, 50, on Thursday comes more than five years after she was indicted in the space case for lying about actions by her wife, Anne McClain, a U.S. Army colonel, West Point graduate and Iraq war combat veteran, while they were in the midst of a divorce. The claim came at a time when Worden said that the couple was engaged in a custody battle over what Worden's then-6-year-old son, who had been conceived through in vitro fertilizationand carried by a surrogate... McClain was aboard the Space Station from December 2018 through June 2019. She recently commanded the SpaceX Crew-10 crew mission to the Space Station from March this year until August. Worden, who remains free on bond, is scheduled to be sentenced on February 12. She faces a maximum possible sentence of up to five years in prison.

Read more of this story at Slashdot.

"The International Energy Agency's latest outlook signals that oil demand could keep growing through to the middle of the century," reports CNBC, "reflecting a sharp tonal shift from the world's energy watchdog and raising further questions about the future of fossil fuels." In its flagship World Energy Outlook, the Paris-based agency on Wednesday laid out a scenario in which demand for oil climbs to 113 million barrels per day by 2050, up 13% from 2024 levels. The IEA had previously estimated a peak in global fossil fuel demand before the end of this decade and said that, in order to reach net-zero emissions by 2050, there should be no new investments in coal, oil and gas projects... The IEA's end-of-decade peak oil forecast kick-started a long-running war of words with OPEC, an influential group of oil exporting countries, which accused the IEA of fearmongering and risking the destabilization of the global economy. The IEA's latest forecast of increasing oil demand was outlined in its "Current Policies Scenario" — one of a number of scenarios outlined by the IEA. This one assumes no new policies or regulations beyond those already in place. The CPS was dropped five years ago amid energy market turmoil during the coronavirus pandemic, and its reintroduction follows pressure from the Trump administration... Gregory Brew, an analyst at Eurasia Group's Energy, Climate and Resources team, said the IEA's retreat on peak oil demand signified "a major shift" from the group's position over the last five years. "The justifications offered for the shift include policy changes in the U.S., where slow EV penetration indicates robust oil [consumption], but is also tied to expected increases in petrochemical and aviation fuel in East and Southeast Asia," Brew told CNBC by email. "It's unlikely the agency is adjusting based on political pressure — though there has been some of that, with the Trump administration criticizing the group's supposed bias in favor of renewable energy — and the shift reflects a broader skepticism that oil demand is set to peak any time soon," he added... Alongside its CPS, the IEA also laid out projections under its so-called "Stated Policies Scenario" (STEPS), which reflects the prevailing direction of travel for the global energy system. In this assumption, the IEA said it expects oil demand to peak at 102 million barrels per day around 2030, before gradually declining. Global electric car sales are much stronger under this scenario compared to the CPS. The IEA said its multiple scenarios explore a range of consequences from various policy choices and should not be considered forecasts. Thanks to Slashdot reader magzteel for sharing the news.

Read more of this story at Slashdot.

schwit1 shares a report from the Business Times: General Motors (GM) has directed several thousand of its suppliers to scrub their supply chains of parts from China, four people familiar with the matter said, reflecting automakers' growing frustration over geopolitical disruptions to their operations. GM executives have been telling suppliers they should find alternatives to China for their raw materials and parts, with the goal of eventually moving their supply chains out of the country entirely, the people said. The automaker has set a 2027 deadline for some suppliers to dissolve their China sourcing ties, some of the sources said. GM approached some suppliers with the directive in late 2024, but the effort took on fresh urgency this past spring, during the early days of an escalating US-China trade battle, the sources said.

Read more of this story at Slashdot.

alternative_right shares a report from ScienceAlert: A thorough investigation published in May 2023 found that the inner core of the Moon is, in fact, a solid ball with a density similar to that of iron. To figure it out once and for all, [astronomer Arthur Briaud of the French National Centre for Scientific Research in France] and his colleagues collected data from space missions and lunar laser-ranging experiments to compile a profile of various lunar characteristics. These include the degree of its deformation by its gravitational interaction with Earth, the variation in its distance from Earth, and its density. ... they found that the lunar core is very similar to that of Earth â" with an outer fluid layer and a solid inner core. According to their modeling, the outer core has a radius of about 362 kilometers (225 miles), and the inner core has a radius of about 258 kilometers (160 miles). That's about 15 percent of the entire radius of the Moon. The inner core, the team found, also has a density of about 7,822 kilograms per cubic meter. That's very close to the density of iron. [...] The research has been published in Nature.

Read more of this story at Slashdot.

An anonymous reader quotes a report from the Washington Post: Winning the lottery isn't what brought Carrie Edwards her 15 minutes of fame. It was giving it all away. Standing alone in her kitchen one day in September, the Virginia woman was thunderstruck to discover she had won $150,000 in a Powerball drawing. As she was absorbing her windfall, she said, "I just heard as loud as you can hear God or whoever you believe in the universe just say, this is -- it's not your money." Then came a decision: She would donate it all to her three most cherished charities (source paywalled; alternative source). [...] Her journey to the lucky prize started when she walked into a 7-Eleven with a friend who wanted to buy two Powerball tickets. The jackpot for the Sept. 6 drawing was topping $1.7 billion, the second-largest amount ever. Edwards, 68, hardly ever played the lottery, but her friend was an active player who gave her two pieces of advice: Always buy a paper ticket, rather than getting them online. And the Powerball multiplier is a scam, don't do it. She ignored him on both accounts. She created a Virginia Lottery account on her phone. Then, instead of the typical strategies of using family birthdays and lucky numbers, she went to ChatGPT -- which she had only recently started using for research -- and asked, "Do you have any winning numbers for me?" "Luck is luck," replied the chatbot. Then it gave numbers that she plugged in -- paying the extra dollar for the Power Play to multiply anything she might win. She initially thought luck wasn't on her side when she didn't win the massive jackpot. But what she didn't realize is that she'd picked the "draw two" option, meaning her numbers were reentered for the next drawing. When she got a notification on her phone that she had won, she said, she thought it was a scam, or maybe she'd won something small, like $10. Just to satisfy her curiosity, she logged into her account and saw that she had matched four of the five numbers plus the Powerball in that second drawing. It would have been a $50,000 payout, but the multiplier tripled her winnings.

Read more of this story at Slashdot.

YouTube TV and Disney have ended their two-week carriage standoff, restoring ESPN, ABC, and other Disney networks under a new multiyear deal. Variety reports: Under the new agreement, ESPN's full lineup of sports -- including content from ESPN Unlimited -- will be made available on YouTube TV to base-plan subscribers at no additional cost by the end of 2026. In addition, access to a selection of live and on-demand programming from ESPN Unlimited will be available inside YouTube TV. The deal also lets YouTube include the Disney+ and Hulu bundle as part of "select YouTube offerings." According to Disney, "select networks" will be included in various genre-specific packages that YouTube TV expects to launch in the future. [...] The deal supersedes their prior distribution agreement, inked in December 2021 after a two-day blackout.

Read more of this story at Slashdot.

Apple's limited-edition "iPhone Pocket" sold out almost instantly worldwide despite its $150-$230 price tag. Appleinsider reports: Longtime Apple users immediately saw the resemblance with the old iPod socks, and everyone saw the price. Apple and Japan's Issey Miyake fashion house partnered to create a limited edition iPhone Pocket, a stretched sock-like bag or shoulder strap. There was no denying that an iPhone in this Pocket looked snuggly. There was definitely no denying that the accessory was well designed. There's also no question that it was about as goofy as the iPod Sock from back the in the day. But there was every denying of the price. The iPhone Pocket came in a short version for $150, and a longer one for $230. For comparison, the Apple Watch SE starts at $250. As ever, though, if you liked it, if you had a use for it, and if you had the budget, there was no reason left not to buy. But if you have hesitated because of the cost, you are now out of luck. There are none left in the US.

Read more of this story at Slashdot.

"Within the past year, stories have been posted on Slashdot about people helping North Koreans get remote IT jobs at U.S. corporations, companies knowingly assisting them, how not to hire a North Korean for a remote IT job, and how a simple question tripped up a North Korean applying for a remote IT job," writes longtime Slashdot reader smooth wombat. "The FBI is even warning companies that North Koreans working remotely can steal source code and extort money from the company -- money that goes to fund the North Korean government. Now, five more people have plead guilty to knowingly helping North Koreans infiltrate U.S. companies as remote IT workers." TechCrunch reports: The five people are accused of working as "facilitators" who helped North Koreans get jobs by providing their own real identities, or false and stolen identities of more than a dozen U.S. nationals. The facilitators also hosted company-provided laptops in their homes across the U.S. to make it look like the North Korean workers lived locally, according to the DOJ press release. These actions affected 136 U.S. companies and netted Kim Jong Un's regime $2.2 million in revenue, said the DOJ. Three of the people -- U.S. nationals Audricus Phagnasay, Jason Salazar, and Alexander Paul Travis -- each pleaded guilty to one count of wire fraud conspiracy. Prosecutors accused the three of helping North Koreans posing as legitimate IT workers, whom they knew worked outside of the United States, to use their own identities to obtain employment, helped them remotely access their company-issued laptops set up in their homes, and also helped the North Koreans pass vetting procedures, such as drug tests. The fourth U.S. national who pleaded guilty is Erick Ntekereze Prince, who ran a company called Taggcar, which supplied to U.S. companies allegedly "certified" IT workers but whom he knew worked outside of the country and were using stolen or fake identities. Prince also hosted laptops with remote access software at several residences in Florida, and earned more than $89,000 for his work, the DOJ said. Another participant in the scheme who pleaded guilty to one count of wire fraud conspiracy and another count of aggravated identity theft is Ukrainian national Oleksandr Didenko, who prosecutors accuse of stealing U.S. citizens' identities and selling them to North Koreans so they could get jobs at more than 40 U.S. companies. According to the press release, Didenko earned hundreds of thousands of dollars for this service. Didenko agreed to forfeit $1.4 million as part of his guilty plea. The DOJ also announced that it had frozen and seized more than $15 million in cryptocurrency stolen in 2023 by North Korean hackers from several crypto platforms.

Read more of this story at Slashdot.

An anonymous reader quotes a report from The Record: Russian telecom operators have begun cutting mobile internet access for 24 hours for citizens returning to the country from abroad, in what officials say is an effort to prevent Ukrainian drones from using domestic SIM cards for navigation. "When a SIM card enters Russia from abroad, the user has to confirm that it's being used by a person -- not installed in a drone," the Digital Development Ministry said in a statement earlier this week. Users can restore access sooner by solving a captcha or calling their operator for identification. Authorities said the temporary blackout is meant to "ensure the safety of Russian citizens" and prevent SIM cards from being embedded in "enemy drones." The new rule has led to unexpected outages for residents in border regions, whose phones can automatically connect to foreign carriers. Officials advised users to switch to manual network selection to avoid being cut off.

Read more of this story at Slashdot.

BrianFagioli writes: Logitech has confirmed a cybersecurity breach after an intruder exploited a zero-day in a third-party software platform and copied internal data. The company says the incident did not affect its products, manufacturing or business operations, and it does not believe sensitive personal information like national ID numbers or credit card data were stored in the impacted system. The attacker still managed to pull limited information tied to employees, consumers, customers and suppliers, raising fair questions about how long the zero-day existed before being patched. Logitech brought in outside cybersecurity firms, notified regulators and says the incident will not materially affect its financial results. The company expects its cybersecurity insurance policy to cover investigation costs and any potential legal or regulatory issues. Still, with zero-day attacks increasing across the tech world, even established hardware brands are being forced to acknowledge uncomfortable weaknesses in their internal systems.

Read more of this story at Slashdot.

According to CNBC, JPMorgan Chase has secured deals ensuring it will get paid by the fintech firms responsible for nearly all the data requests made by third-party apps connected to customer bank accounts. From the report: The bank has signed updated contracts with the fintech middlemen that make up more than 95% of the data pulls on its systems, including Plaid, Yodlee, Morningstar and Akoya, according to JPMorgan spokesman Drew Pusateri. "We've come to agreements that will make the open banking ecosystem safer and more sustainable and allow customers to continue reliably and securely accessing their favorite financial products," Pusateri said in a statement. "The free market worked." The milestone is the latest twist in a long-running dispute between traditional banks and the fintech industry over access to customer accounts. For years, middlemen like Plaid paid nothing to tap bank systems when a customer wanted to use a fintech app like Robinhood to draw funds or check balances. [...] After weeks of negotiations between JPMorgan and the middlemen, the bank agreed to lower pricing than it originally proposed, and the fintech middlemen won concessions regarding the servicing of data requests, according to people with knowledge of the talks. Fintech firms preferred the certainty of locking in data-sharing rates because it is unclear whether the current CFPB, which is in the process of revising the open-banking rule, will favor banks or fintech companies, according to a venture capital investor who asked for anonymity to discuss his portfolio companies. The bank and the fintech firms declined to disclose details about their contracts, including how much the middlemen agreed to pay and how long the deals are in force.

Read more of this story at Slashdot.

An anonymous reader quotes a report from Ars Technica: On Thursday evening, OpenAI CEO Sam Altman posted on X that ChatGPT has started following custom instructions to avoid using em dashes. "Small-but-happy win: If you tell ChatGPT not to use em-dashes in your custom instructions, it finally does what it's supposed to do!" he wrote. The post, which came two days after the release of OpenAI's new GPT-5.1 AI model, received mixed reactions from users who have struggled for years with getting the chatbot to follow specific formatting preferences. And this "small win" raises a very big question: If the world's most valuable AI company has struggled with controlling something as simple as punctuation use after years of trying, perhaps what people call artificial general intelligence (AGI) is farther off than some in the industry claim. "The fact that it's been 3 years since ChatGPT first launched, and you've only just now managed to make it obey this simple requirement, says a lot about how little control you have over it, and your understanding of its inner workings," wrote one X user in a reply. "Not a good sign for the future."

Read more of this story at Slashdot.

An anonymous reader shares a report: Executives are turning to a novel structure to fund crypto accumulation vehicles as investor appetite thins. They're called in-kind contributions, and they now account for a growing share of digital-asset treasury, or DAT, deals. Instead of raising cash to buy tokens in the open market, DAT sponsors contribute large slugs of their own crypto, often unlisted and hard to value. Digital-asset treasuries are a new breed of public company built to hold concentrated crypto positions. The structure surged in 2025 as small-cap firms, especially in biotech and mining, reinvented themselves as digital-asset proxies. Sponsors provide tokens or raise money to buy them, and the stock then trades as a kind of listed bet on crypto. For insiders, it's a shortcut to liquidity. For investors, a wager on upside. But not all DATs carry the same level of risk. Earlier deals raised money to buy tokens through regular markets, which offered at least some independent price check. In-kind contributions skip that step -- letting insiders decide what their tokens are worth, sometimes before the token even trades publicly. That shift means pricing and trading risks land more squarely on shareholders, many of them retail investors. Investor faith is already wobbling. Many DATs that once traded above the value of their holdings now trade below it. As insiders supply the tokens and set their price, it's becoming harder for investors to tell what these deals are really worth, or when to get out. The in-kind structure was on full display in a recent $545 million private placement by Tharimmune Inc., a biotech firm-turned-crypto proxy, to set up a buyer of Canton Coins. About 80% of the raise came in the form of unlisted Canton tokens, priced at 20 cents each, according to an investor presentation seen by Bloomberg News. The token began trading on exchanges Nov. 10 and is now around 11 cents, CoinGecko data show. More deals are following the same template. In these placements, insiders contribute tokens -- sometimes illiquid or unlisted -- to form a treasury, lock in valuations and seed the perception of market demand. But when tokens list below deal price, public shareholders absorb the difference. [...] Then there's Flora Growth Corp., a Nasdaq-listed company that announced a $401 million deal to start acquiring Zero Gravity tokens in September. On closer inspection, the firm had raised just $35 million in cash to pair with a $366 million in-kind contribution of then-unlisted 0G tokens. Those tokens were priced at around $3 a piece; they subsequently listed, and are now trading at about $1.20.

Read more of this story at Slashdot.

Pay television penetration in American households fell to 50.2% in the third quarter and is projected to drop to 50% or lower by December, according to Madison and Wall, a technology and media advisory firm. Fifteen years ago, nearly nine in ten households subscribed to pay television services. The decline has prompted major media companies to shed cable assets. Comcast, Warner Bros. Discovery, and A&E are seeking to sell or spin off their cable television operations. Paramount stated it would not divest its cable channels but acknowledged that "each quarter is accelerating decline."

Read more of this story at Slashdot.

TV manufacturers are abandoning their attempts to turn TVs into interactive social devices through smart cameras. Sky announced this month that it will discontinue Sky Live, a camera accessory for its Sky Glass televisions that brought video calls, body-tracked workouts, and motion games to the living room. The device will stop working at the beginning of December. Sky will brick the cameras and reimburse customers. Sky launched the product in mid-2023 as part of an effort to transform televisions from passive viewing devices into interactive platforms. That vision has not materialized across the industry. LG's Smart Cam, released in 2023, is out of stock at major retailers and appears discontinued. TCL's smart TV camera is no longer available. Samsung stopped integrating cameras directly into its television sets, though it still sells an external camera accessory.

Read more of this story at Slashdot.

Cryptocurrency companies and fintech startups are applying to open banks in the United States. Ripple, Coinbase and the UK payments company Wise have submitted applications for national trust charters this year. Trust banks cannot take deposits or make loans but charge fees for safekeeping customer assets and are not FDIC insured. The applications have reached 12 so far this year, more than any of the preceding eight years, according to data compiled by Klaros Group. Comptroller of the Currency Jonathan Gould said last month that cryptocurrency activity should be done within the banking system if legally permissible and safe. His agency regulates nationally-chartered U.S. banks. The Bank Policy Institute and the Independent Community Bankers of America oppose the applications. BPI sent letters urging the Office of the Comptroller of the Currency to reject the Ripple, Wise, and Sony applications. The group said approving Coinbase could significantly increase risks to the U.S. financial system.

Read more of this story at Slashdot.

An anonymous reader shares a report: In October, PUBG and Subnautica 2 publisher Krafton announced that it would be undergoing a "complete reorganization" to become an "AI-first" company, planning to invest over 130 billion won ($88 million) in agentic AI infrastructure and deployment beginning in 2026. This week, as it boasts record-breaking quarterly profits, the Korean publisher has followed that strategic shift by launching a voluntary resignation program for its domestic employees, according to Business Korea reporting. The program, announced internally, offers substantial buyouts for domestic Krafton employees based on their length of employment at the publisher. Severance packages range from 6 months' salary for employees with one year or less of service to 36 months' salary for employees who've worked at Krafton for over 11 years. The voluntary resignation program follows a November 4 earnings call in which Krafton announced a record quarterly profit of $717 million. During the call, Krafton CFO Bae Dong-geun indicated that Krafton had also halted hiring for new positions, telling investors that "excluding organizations developing original intellectual property and AI-related personnel, we have frozen hiring company-wide."

Read more of this story at Slashdot.

One of the most common viruses in the world could be the cause of lupus, an autoimmune disease with wide-ranging symptoms, according to a new study. From a report: Until now, lupus was somewhat mysterious: No single root cause of the disease had been found, and while there is no cure, there are medications that can treat it. The research, published in the journal Science Translational Medicine, suggests that Epstein-Barr virus -- which 95% of people acquire at some point in life -- could cause lupus by driving the body to attack its own healthy cells. It adds to mounting evidence that Epstein-Barr is associated with multiple long-term health issues, including other autoimmune conditions. As this evidence stacks up, scientists have accelerated calls for a vaccine that targets the virus. "If we now better understand how this fastidious virus is responsible for autoimmune diseases, I think it's time to figure out how to prevent it," said Dr. Anca Askanase, clinical director of the Lupus Center at Columbia University, who wasn't involved in the new research.

Read more of this story at Slashdot.

Abstract of a working paper [PDF] published by NBER: This paper examines the impact of the UK's decision to leave the European Union (Brexit) in 2016. Using almost a decade of data since the referendum, we combine simulations based on macro data with estimates derived from micro data collected through our Decision Maker Panel survey. These estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%, with the impact accumulating gradually over time. We estimate that investment was reduced by between 12% and 18%, employment by 3% to 4% and productivity by 3% to 4%. These large negative impacts reflect a combination of elevated uncertainty, reduced demand, diverted management time, and increased misallocation of resources from a protracted Brexit process. Comparing these with contemporary forecasts -- providing a rare macro example to complement the burgeoning micro-literature of social science predictions -- shows that these forecasts were accurate over a 5-year horizon, but they underestimated the impact over a decade.

Read more of this story at Slashdot.