Michael Burry, the investor made famous for his bet against the US housing market ahead of the 2008 financial crisis, is closing his hedge fund [non-paywalled source] as he warned that market valuations had become unhinged from fundamentals. From a report: Scion Asset Management this week terminated its registration with US securities regulators, according to a Securities and Exchange Commission database. Burry told investors that he would "liquidate the funds and return capital -- but for a small audit/tax holdback -- by year's end," according to two people with direct knowledge of a letter he sent to investors. "My estimation of value in securities is not now, and has not been for some time, in sync with the markets," said the letter, which was dated October 27. The move to close Scion comes as some investors have become concerned that markets are trading at frothy levels after years of strong returns. Those jitters flared up on Thursday, with the tech-heavy Nasdaq Composite sliding nearly 2%. Still, the big gains for tech stocks this year, driven by hopes that artificial intelligence will transform business and society, have left valuations at lofty heights compared with their average in recent years.

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China's state-sponsored hackers used AI technology from Anthropic to automate break-ins of major corporations and foreign governments during a September hacking campaign, the company said Thursday. From a report: The effort focused on dozens of targets and involved a level of automation that Anthropic's cybersecurity investigators had not previously seen, according to Jacob Klein, the company's head of threat intelligence. Hackers have been using AI for years now to conduct individual tasks such as crafting phishing emails or scanning the internet for vulnerable systems, but in this instance 80% to 90% of the attack was automated, with humans only intervening in a handful of decision points, Klein said. The hackers conducted their attacks "literally with the click of a button, and then with minimal human interaction," Klein said. Anthropic disrupted the campaigns and blocked the hackers' accounts, but not before as many as four intrusions were successful. In one case, the hackers directed Anthropic's Claude AI tools to query internal databases and extract data independently.

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An anonymous reader shares a report: Robinhood Markets is betting its Gen Z and millennial clientele are as eager to send out for delivery of a wad of cash as they are to order pizza or a pint of ice cream. The brokerage is joining with food-and-drink delivery app Gopuff to allow customers to withdraw cash from their Robinhood bank accounts and have it brought right to their door. For a $6.99 delivery fee -- or $2.99 if they have more than $100,000 in assets across their Robinhood accounts -- users can skip the ATM and have money delivered in a sealed paper bag while they are at home. It is a new feature that Robinhood first teased in March, when Chief Executive Vlad Tenev unveiled the company's plans to roll out many traditional and -- as with its cash-delivery service -- unconventional banking services.

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Mozilla announced on Thursday that it is building an AI Window for Firefox, a new opt-in browsing mode that will let users interact with an AI assistant and chatbot. The feature will become one of three browsing experiences in Firefox alongside the existing classic and private windows. Users will be able to select which AI model they want to use in the AI Window, according to a post on the Mozilla Connect forum. The company opened a waitlist for users who want to receive updates and be among the first to test the feature. Mozilla described the AI Window as an "intelligent and user-controlled space" that it is developing in the open through community feedback. Users who try the feature and decide against it can switch it off entirely.

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BrianFagioli writes: Popular privacy firm Proton is floating a plan on Reddit that should unsettle anyone who values privacy, writes Nerds.xyz. The company is considering recycling abandoned email addresses that were originally created by bots a decade ago. These addresses were never used, yet many of them are extremely common names that have silently collected misdirected emails, password reset attempts, and even entries in breach datasets. Handing those addresses to new owners today would mean that sensitive messages intended for completely different people could start landing in a stranger's inbox overnight. Proton says it's just gathering feedback, but the fact that this made it far enough to ask the community is troubling. Releasing these long-abandoned addresses would create confusion, risk exposure of personal data, and undermine the trust users place in a privacy focused provider. It's hard to see how Proton could justify taking a gamble with other people's digital identities like this.

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Verizon is planning to cut roughly 15,000 jobs, looking to reduce costs as it contends with increased competition for wireless service and home internet, according to WSJ, which cites people familiar with the matter. From the report: The cuts, the largest ever for the carrier, are set to take place in the next week, the people said. The majority of the reduction is expected to be made through layoffs. Verizon also plans to transition about 200 stores into franchised operations, which will shift employees off its payroll. Verizon, the largest U.S. telecommunications provider by subscriber base, faces a fierce battle for both wireless and home internet customers. It has lost crucial postpaid phone subscribers for three consecutive quarters. Last month, Verizon named its lead independent director Daniel Schulman as its new chief executive officer. Schulman, a former CEO of PayPal and Virgin Mobile USA, has said he would aggressively reduce the company's entire cost base and take steps to reverse the customer losses.

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Reddit cofounder Alexis Ohanian said he had serious doubts a decade ago about sharing the platform's data with Sam Altman. Ohanian recounted on the "Brew Markets" podcast that between 2015 and 2016, Altman asked Reddit to let him "aggressively scrape" the site's content. Altman had recently helped Reddit raise $50 million in a Series B round and was launching OpenAI as a nonprofit. Ohanian described Altman as "very smart" and "incredibly cunning" but questioned whether he was "the most philanthropically minded guy." The Reddit cofounder said he "felt in my bones" the company should refuse the request and debated internally about it against Steve Huffman. Ohanian said he "lost that debate." Reddit and OpenAI announced a formal licensing deal in 2024.

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An anonymous reader shares a report: France has lifted its travel ban on Telegram founder Pavel Durov, who is under investigation over illegal content on his messaging app, judicial sources close to the case said Thursday. The entrepreneur, 41, was detained in Paris in 2024 and is under formal investigation by French authorities over the platform's alleged complicity in criminal activity. Durov, who was initially banned from leaving France, had his judicial control relaxed in July, allowing him to reside in the United Arab Emirates, where Telegram is based, for a maximum of two weeks at a time.

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An anonymous reader shares a report: The Chinese electric car has become a symbol of the country's seemingly unstoppable rise on the world stage. Many observers point to their growing popularity as evidence that China is winning the race to dominate new technologies. But in China, these electric cars represent something entirely different: the profound threats that Beijing's meddling in markets poses to both China and the world. Bloated by excessive investment, distorted by government intervention, and plagued by heavy losses, China's EV industry appears destined for a crash. EV companies are locked in a cutthroat struggle for survival. Wei Jianjun, the chairman of the Chinese automaker Great Wall Motor, warned in May that China's car industry could tumble into a financial crisis; it "just hasn't erupted yet." To bypass government censorship of bad economic news, market analysts have opted for a seemingly anodyne term to describe the Chinese car industry's downward spiral: involution, which connotes falling in on oneself. What happens in China's EV sector promises to influence the entire global automobile market. China's emergence as the world's largest manufacturer of EVs highlights the serious challenge the country poses to even the most advanced industries in the U.S., Europe, and other rich economies. Given the vital role the car industry plays in economies around the world, and the jobs, supply chains, and technologies involved, the stakes are high. But the wobbles in China's EV sector demonstrate the downside of China's state-led economic model. China's government threw ample resources at the EV industry in the hopes of leapfrogging foreign rivals in the transition to battery-powered vehicles. The Center for Strategic and International Studies estimates that the government provided more than $230 billion of financial assistance to the EV sector from 2009 to 2023. The strategy worked: China's EV makers would likely never have grown as quickly as they have without this substantial state support. By comparison, the recent Republican-sponsored tax bill eliminated nearly all federal subsidies for EVs in the U.S. The problem is that China's program encouraged too much investment in the sector. Michael Dunne, the CEO of Dunne Insights, a California-based consulting firm focused on the EV industry, counts 46 domestic and international automakers producing EVs in China, far too many for even the world's second-largest economy to sustain.

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Google says it will build a new "advanced flow" to allow experienced users to install Android apps from unverified developers, easing up on restrictions it proposed in late August. The company said earlier that Android would block such installations starting next year. The new flow will include clear warnings about security risks but will give users final control over the decision. Google said it is designing the system to resist coercion and prevent users from being tricked into bypassing safety checks. The company is currently gathering early feedback on the feature's design. Google also announced that developers who distribute apps exclusively outside the Play Store can now join an early access program for developer verification.

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Iceland has formally classified the potential collapse of a major Atlantic Ocean current system a national security threat, warning that a disruption could trigger a modern-day ice age in Northern Europe and destabilize global weather systems. The move elevates the risk across government and enables it to strategize for worst-case scenarios. Reuters reports: The Atlantic Meridional Overturning Circulation, or AMOC, current brings warm water from the tropics northward toward the Arctic, and the flow of warm water helps keep Europe's winters mild. But as warming temperatures speed the thaw of Arctic ice and cause meltwater from Greenland's ice sheet to pour into the ocean, scientists warn the cold freshwater could disrupt the current's flow. A potential collapse of AMOC could trigger a modern-day ice age, with winter temperatures across Northern Europe plummeting to new cold extremes, bringing far more snow and ice. The AMOC has collapsed in the past - notably before the last Ice Age that ended about 12,000 years ago. "It is a direct threat to our national resilience and security," Iceland Climate Minister Johann Pall Johannsson said by email. "(This) is the first time a specific climate-related phenomenon has been formally brought before the National Security Council as a potential existential threat." Elevation of the issue means Iceland's ministries will be on alert and coordinating a response, Johannsson said. The government is assessing what further research and policies are needed, with work underway on a disaster preparedness policy. Risks being evaluated span a range of areas, from energy and food security to infrastructure and international transportation. "Sea ice could affect marine transport; extreme weather could severely affect our capabilities to maintain any agriculture and fisheries, which are central to our economy and food systems," Johannsson said. "We cannot afford to wait for definitive, long-term research before acting."

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FX has renewed Alien: Earth for a second season and signed creator Noah Hawley to a massive nine-figure overall deal with Disney Entertainment Television. Deadline reports: Inspired by Ridley Scott's sci-fi thriller film Alien, Hawley adapted the film franchise for television with the strong support of Scott Free and its president, David W. Zucker, who is an executive producer of the series. It earned a positive reaction from fans, posting a 94% Certified Fresh rating from Rotten Tomatoes and a Metacritic Must-Watch score of 85. "It has been our great privilege to work with Noah for more than a decade on some of FX's best and biggest shows, and we are thrilled to extend our partnership well into the future," said FX Chairman John Landgraf. "Noah never stops surprising us with truly original stories -- and his unique ability to bring them to vibrant life as a director and producer as well as writer makes him extraordinary. We can't wait to get to work on the next season of Alien: Earth, as well as some equally exciting future projects in advanced development."

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For the first time, astronomers captured the shockwave of a supernova bursting through the surface of a dying red supergiant star, revealing a surprisingly symmetrical, grape-shaped explosion. Space.com reports: Seeing this moment in detail has previously been elusive because it's rare for a supernova to be spotted early enough and for telescopes to be trained on it -- and when they have been, the exploding star has been too far away. So, when supernova 2024ggi went boom on April 10, 2024 in the relatively nearby spiral galaxy NGC 3621, which is 22 million light-years away in the constellation of Hydra, the Water Snake, astronomer Yi Yang of Tsinghua University in Beijing knew he had to act. Although the supernova itself couldn't be resolved as anything put a point of light, the polarization of that light held the clues as to the geometry of the breakout. "The geometry of a supernova explosion provides fundamental information on stellar evolution and the physical processes leading to these cosmic fireworks," said Yang. "Spectropolarimetry delivers information about the geometry of the explosion that other types of observation cannot provide because the angular scales are too tiny," said another team-member, Lifan Wang of Texas A&M University. The measurement showed that the shape of the breakout explosion was flattened, like an olive or grape. Crucially, though, the explosion propagated symmetrically, and continued to do so even when it collided with a ring of circumstellar material. "These findings suggest a common physical mechanism that drives the explosion of many massive stars, which manifests a well-defined axial symmetry and acts on large scales," said Yang. The findings will allow astronomers to rule out some models and strengthen others that describe what drives the shockwave in a supernova explosion. The findings have been described in a paper on the ESO website.

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An anonymous reader quotes a report from Electrek: Production is now underway at Toyota's new $13.9 billion battery plant in North Carolina, the company's first outside Japan. After the first batteries rolled off the production line at its new facility in Liberty, North Carolina, on Wednesday, Toyota said today marks a "pivotal moment" in the company's history. The facility is Toyota's 11th plant in the US and its first battery plant outside of Japan. Toyota first announced plans to build EV batteries in the US almost four years ago. The nearly $14 billion facility will create up to 5,100 jobs in the area. In addition, the Japanese auto giant announced plans to invest an additional $10 billion in its US operations over the next five years. Since it first arrived in the US nearly 70 years ago, Toyota has invested close to $60 billion. The mega site spans 1,850 acres, or about the size of 121 football fields, and can produce up to 30 GWh annually. Toyota will use the hub to develop and build lithium-ion batteries for its growing lineup of "electrified" vehicles, including battery electric (EV), plug-in hybrid (PHEV), and hybrid (HEV) models. Batteries from the plant will power the new Camry HEV, Corolla Cross HEV, RAV4 HEV, and Toyota's yet-to-be-announced three-row electric SUV.

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Russia's first AI humanoid robot, Aldol, fell just seconds after its debut at a technology event in Moscow on Tuesday. "The robot was being led on stage to the soundtrack from the film 'Rocky,' before it suddenly lost its balance and fell," reports the BBC. "Assistants could then be seen scrambling to cover it with a cloth -- which ended up tangling in the process." Developers of Aldol blamed poor lighting and calibration issues for the collapse, saying the robot's stereo cameras are sensitive to light and the hall was dark.

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Slashdot readers Tablizer and fjo3 share news that an AI-generated country song has topped the U.S. sales chart for the first time this week. ABC News reports: The new country tune, "Walk my Walk" by Breaking Rust, recently hit No. 1 on Billboard's Country Digital Song Sales chart, reaching over 3 million streams on Spotify in less than a month. That success has garnered mixed reactions from music fans and artists alike, particularly on TikTok, where hundreds of users have posted videos addressing the tune and others discussing the music in the comments. Billboard has acknowledged Breaking Rust is an AI act and said it is one of at least six to chart in the past few months alone. "Ultimately, this feels like an experiment to see just how far something like this can go and what happens in the future and in other disciplines of art as well," senior entertainment reporter Kelley L. Carter told ABC News. "AI artists won't require things that a real human artist will require, and once companies start considering it and looking at bottom lines, I think that's when artists should rightly be concerned about it," she added.

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Waymo is rolling out robotaxi rides that use freeways across Los Angeles, San Francisco, and Phoenix for the first time -- "a critical expansion for the company that it says will reduce ride times by up to 50%," reports TechCrunch. From the report: That stat could help attract a whole new group of users who need to travel between the many towns and suburbs within the greater San Francisco Bay Area or quicken commutes across the sprawling Los Angeles and Phoenix metro areas. Using freeways is also essential for Waymo to offer rides to and from the San Francisco Airport, a location the company is currently testing in. The service won't be offered to all Waymo riders at first, the company said. Waymo riders who want to experience freeway rides can note their preference in the Waymo app. Once the rider hails a ride, they may be matched with a freeway trip, according to the company. The company's robotaxi routes will now stretch to San Jose, an expansion that will create a unified 260-mile service area across the Peninsula, according to Waymo. The company said it will also begin curbside drop off and pick up service at the San Jose Mineta International Airport. It already offers curbside service to the Sky Harbor Phoenix International Airport.

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An anonymous reader quotes a report from CNBC: Anthropic announced plans Wednesday to spend $50 billion on a U.S. artificial intelligence infrastructure build-out, starting with custom data centers in Texas and New York. The facilities, which will be designed to support the company's rapid enterprise growth and its long-term research agenda, will be developed in partnership with Fluidstack. Fluidstack is an AI cloud platform that supplies large-scale graphics processing unit, or GPU, clusters to clients like Meta, Midjourney and Mistral. Additional sites are expected to follow, with the first locations going live in 2026. The project is expected to create 800 permanent jobs and more than 2,000 construction roles. The investment positions Anthropic as a major domestic player in physical AI infrastructure at a moment when policymakers are increasingly focused on U.S.-based compute capacity and technological sovereignty. "We're getting closer to AI that can accelerate scientific discovery and help solve complex problems in ways that weren't possible before. Realizing that potential requires infrastructure that can support continued development at the frontier," said CEO Dario Amodei. "These sites will help us build more capable AI systems that can drive those breakthroughs, while creating American jobs."

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Longtime Slashdot reader hadleyburg writes: For a user with an Android phone and who's happy to stick within the Google ecosystem, an Android tablet might seem like the more obvious choice over an iPad. Of course, iPads are a lot more popular, and asking about Android tablets is likely to invite advice about sticking with what everyone else has. The Slashdot community on the other hand -- being a discerning and thoughtful crowd -- might have some experience in this area and be willing to share the pros and cons they have found. The use case is someone not requiring any heavy usage -- no video editing or gaming -- just email, browsing, YouTube, video calls, and that sort of thing.

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Valve is ready to rejoin the VR hardware race with the Steam Frame, a lightweight standalone SteamOS headset that can run games locally or stream wirelessly from a PC using new "foveated streaming" tech. It's set to launch in early 2026. Ars Technica reports: Powered by a Snapdragon 8 Gen 3 processor with 16 GB of RAM, the Steam Frame sports a 2160 x 2160 resolution display per eye at an "up to 110 degrees" field-of-view and up to 144 Hz. That's all roughly in line with 2023's Meta Quest 3, which runs on the slightly less performant Snapdragon XR2 Gen 2 processor. Valve's new headset will be available in models sporting 256GB and 1TB or internal storage, both with the option for expansion via a microSD card slot. Pricing details have not yet been revealed publicly. The Steam Frame's inside-out tracking cameras mean you won't have to set up the awkward external base stations that were necessary for previous SteamVR headsets (including the Index). But that also means old SteamVR controllers won't work with the new hardware. Instead, included Steam Frame controllers will track your hand movements, provide haptic feedback, and offer "input parity with a traditional game pad" through the usual buttons and control sticks. For those who want to bring desktop GPU power to their VR experience, the Steam Frame will be able to connect wirelessly to a PC using an included 6 GHz Wi-Fi 6E adapter. That streaming will be enhanced by what Valve is calling "foveated rendering" technology, which sends the highest-resolution video stream to where your eyes are directly focused (as tracked by two internal cameras). That will help Steam Frame streaming establish a "fast, direct, low-latency link" to the machine, Valve said, though the company has yet to respond to questions about just how much additional wireless latency users can expect. Further reading: Valve Enters the Console Wars

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