News

Fintech OpenBB Aims To Be More Than an 'Open Source Bloomberg Terminal'

Slashdot - Tue, 2024-10-08 03:25
TechCrunch's Paul Sawers reports: Fledgling fintech startup OpenBB is revealing the next step in its plans to take on the heavyweights of the investment research world. The company is launching a new, free version of a product that will open its arsenal of data and financial tooling to more users. OpenBB is the handiwork of software engineer Didier Lopes, who launched the Python-based platform back in 2021 as a way for amateur investors and enthusiasts to do investment research using different datasets for free, via a command line interface (CLI). The company went on to raise $8.5 million in seed funding from OSS Capital and angel investors such as Ram Shriram, an early backer of Google. While the community-based, open source project has amassed some 50,000 users, OpenBB has also been building an enterprise incarnation called Terminal Pro. This paid version gives teams access to an interface, pre-built database integrations, an Excel add-in, and various security and support bolt-ons that would appeal to larger businesses. [...] The all-new OpenBB Terminal -- not to be confused with the previous CLI-based OpenBB Terminal that the startup sunsetted in March -- is a full-fledged web app, though it strips out many of the premium features of Terminal Pro. It's fully customizable, can run on any operating system or platform, and provides access to an AI-enabled OpenBB copilot. Like the previous OpenBB Terminal, the all-new web app is also free to use. OpenBB Terminal is perhaps something of a middle ground between the CLI centricity of the open source project and the bells-and-whistles feature set of the enterprise product. The OpenBB Terminal serves as a single end point for accessing financial information from some 100 data sources, spanning equity, options, forex, the macro economy, and more. Users can also throw all their new data into the mix -- the community has previously contributed financial datasets such as historical currency exchange rates and crypto pricing data. There are also a slew of extensions and toolkits to bring more functionality to OpenBB -- such as an AI stock analysis agent. Users are free to incorporate their own AI systems and large language models (LLMs), which might be particularly important for security and compliance use cases. But with the OpenBB Copilot, categorized as a "compound AI system," users can run natural-language queries about their data out of the box. While OpenBB has been likened to an "open-source Bloomberg," TechCrunch notes that it's not a direct competitor due to Bloomberg's massive data resources and built-in chat functionality. OpenBB, however, offers flexibility with its open-source platform and customization options. OpenBB filed for a trademark, but Bloomberg has requested an extension to potentially oppose it, despite the company asserting there's no link between OpenBB and Bloomberg's abbreviation "BBG". Lopes says the name originates from BlackBerry stock, where the founders had lost money during the meme stock craze.

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Global Semiconductor Sales Up 20.6% To Record $53.1 Billion

Slashdot - Tue, 2024-10-08 02:45
Global semiconductor sales recorded a 20.6% year-on-year increase in August to $53.1 billion, according to the Semiconductor Industry Association (SIA). The Register reports: The Americas led the way, with sales up 43.9 percent to $15.4 billion over last year to notch up what may be the highest on record for August, the SIA said. This comes on the back of swelling demand from sectors such as AI, cloud computing, and automotive. Over in Asia-Pacific sales grew year-on-year by 17.1 percent to $10.95 billion, according to the World Semiconductor Trade Statistics organization, which compiles these stats for the SIA. China was up 19.2 percent to $13 billion and Japan grew two percent to $4 billion. Europe was the outlier, recording a nine percent drop to $4.7 billion. No reason was given for this decline. However, on a worldwide basis, all continents returned positive month-on-month numbers in August for the first time since October 2023, indicating that the semiconductor industry is on a path to recovery.

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FCC Lets Starlink Provide Service To Cellphones In Area Hit By Hurricane

Slashdot - Tue, 2024-10-08 02:02
An anonymous reader quotes a report from Ars Technica: The Federal Communications Commission gave Starlink and T-Mobile emergency authority to provide satellite-to-phone coverage in areas hit by Hurricane Helene. "SpaceX and T-Mobile have been given emergency special temporary authority by the FCC to enable Starlink satellites with direct-to-cell capability to provide coverage for cell phones in the affected areas of Hurricane Helene," SpaceX said yesterday. "The satellites have already been enabled and started broadcasting emergency alerts to cell phones on all networks in North Carolina. In addition, we may test basic texting (SMS) capabilities for most cell phones on the T-Mobile network in North Carolina." SpaceX warned of limits since the service isn't ready for a commercial rollout. "SpaceX's direct-to-cell constellation has not been fully deployed, so all services will be delivered on a best-effort basis," the company said. Starlink is being used to provide wireless emergency alerts to cell phones from all carriers in North Carolina, according to Ben Longmier, senior director of satellite engineering for SpaceX. "We are also closely monitoring Hurricane Milton and standing by ready to take action in Florida," he wrote. The FCC said (PDF) the approval "enabl[es] SpaceX to operate Supplemental Coverage from Space (SCS) in the 1910-1915 MHz and 1990-1995 MHz frequency bands leased from T-Mobile in areas affected by the Hurricane Helene." An FCC spokesperson told Ars that the approval is for all areas affected by Hurricane Helene, although it's only active in North Carolina so far. The FCC also said (PDF) that it is granting "special temporary authorities to licensees and issuing rule waivers to help communications providers maintain and restore service, support emergency operations, and assist public safety, including search and rescue efforts." Separately, the FCC last week waived (PDF) certain Lifeline program eligibility rules to help people in disaster areas (PDF) apply for discounted phone and broadband service.

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Linus Torvalds Asks Kernel Devs To Write Better Git Merge Commit Messages

Slashdot - Tue, 2024-10-08 01:20
Phoronix's Michael Larabel reports: Yesterday when announcing the Linux 6.12-rc2 kernel, Linus Torvalds asked that the kernel maintainers do a better job moving forward with their commit messages. In particular, Torvalds is hoping that kernel maintainers will do a better job using an active, imperative voice when describing the changes within their pull requests. The Linux creator explained in the 6.12-rc2 announcement: "Anyway, on a completely different note: I try to make my merge commit messages be somewhat "cohesive", and so I often edit the pull request language to match a more standard layout and language. It's not a big deal, and often it's literally just about whitespace so that we don't have fifteen different indentation models and bullet syntaxes. I generally do it as I read through the text anyway, so it's not like it makes extra work for me. But what *does* make extra work is when some maintainers use passive voice, and then I try to actively rewrite the explanation (or, admittedly, sometimes I just decide I don't care quite enough about trying to make the messages sound the same). So I would ask maintainers to please use active voice, and preferably just imperative. [...]"

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The Future of Halo Is Being Built With Unreal Engine 5

Slashdot - Tue, 2024-10-08 00:40
Along with 343 Industries now becoming Halo Studios, future Halo games will be developed using Unreal Engine 5. The Verge's Tom Warren reports: Halo moving to Unreal Engine 5 is being positioned as the first step of a transformation for Halo Studios to change its technology, structure, processes, and even culture. "We're not just going to try improve the efficiency of development, but change the recipe of how we make Halo games," says Pierre Hintze, studio head at Halo Studios. The team building Halo will move from the studio's Slipspace Engine to Unreal, after the proprietary engine it built for Halo Infinite became difficult to use and strained development. Halo Studios has had to dedicate a lot of staff to developing the Slipspace Engine, and parts of it are almost 25 years old. "One of the primary things we're interested in is growing and expanding our world so players have more to interact with and more to experience," says Chris Matthews, art director at Halo Studios. "Nanite and Lumen [Unreal's rendering and lighting technologies] offer us an opportunity to do that in a way that the industry hasn't seen before. As artists, it's incredibly exciting to do that work." Halo Studios isn't committing to any release dates or new Halo game announcements just yet, but the team has been building some examples of Halo running in Unreal. Dubbed Project Foundry, the work is "neither a game nor a tech demo," but more of a research, development, and training tool. It's also the foundation for how the studio is changing up the way it builds Halo games. Project Foundry has been built as if it was a shipping game so that a bunch of it can appear in Halo games in the future. "It's fair to say that our intent is that the majority of what we showcased in Foundry is expected to be in projects which we are building, or future projects," says Hintze. Project Foundry includes more detailed landscapes for Halo biomes, as well as foliage levels we haven't seen in Halo games in the past. Master Chief's armor has even been remodeled in this footage [...]. Halo Studios is now working on multiple Halo games, while the Slipstream Engine will continue to power Halo Infinite. "We had a disproportionate focus on trying to create the conditions to be successful in servicing Halo Infinite," says Hintze. "[But switching to Unreal] allows us to put all the focus on making multiple new experiences at the highest quality possible."

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Smart TVs Are Like 'a Digital Trojan Horse' in People's Homes

Slashdot - Tue, 2024-10-08 00:01
An anonymous reader shares a report: The companies behind the streaming industry, including smart TV and streaming stick manufacturers and streaming service providers, have developed a "surveillance system" that has "long undermined privacy and consumer protection," according to a report from the Center for Digital Democracy (CDD) published today and sent to the Federal Trade Commission (FTC). Unprecedented tracking techniques aimed at pleasing advertisers have resulted in connected TVs (CTVs) being a "privacy nightmare," according to Jeffrey Chester, report co-author and CDD executive director, resulting in calls for stronger regulation. The 48-page report, How TV Watches Us: Commercial Surveillance in the Streaming Era [PDF], cites Ars Technica, other news publications, trade publications, blog posts, and statements from big players in streaming -- from Amazon to NBCUniversal and Tubi, to LG, Samsung, and Vizio. It provides a detailed overview of the various ways that streaming services and streaming hardware target viewers in newfound ways that the CDD argues pose severe privacy risks. The nonprofit composed the report as part of efforts to encourage regulation. Today, the CDD sent letters to the FTC [PDF], Federal Communications Commission (FCC), California attorney general [PDF], and California Privacy Protection Agency (CPPA) [PDF], regarding its concerns. "Not only does CTV operate in ways that are unfair to consumers, it is also putting them and their families at risk as it gathers and uses sensitive data about health, children, race, and political interests,â Chester said in a statement.

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US Antitrust Case Against Amazon To Move Forward

Slashdot - Mon, 2024-10-07 23:20
An anonymous reader quotes a report from Reuters: The U.S. Federal Trade Commission's case accusing Amazon of stifling competition in online retail will move forward, though some of the states that sued alongside the agency had their claims dismissed, court documents showed. U.S. District Judge John Chun in Seattle unsealed his ruling from Sept. 30, which dismissed some of the claims brought by attorneys general in New Jersey, Pennsylvania, Maryland and Oklahoma. Last year, the FTC alleged Amazon.com, which has 1 billion items in its online superstore, was using an algorithm that pushed up prices U.S. households paid by more than $1 billion. Amazon has said in court papers it stopped using the program in 2019. The FTC has accused the online retailer of using anti-competitive tactics to maintain dominance among online superstores and marketplaces. Amazon asked Chun to dismiss the case in December, saying the FTC had raised no evidence of harm to consumers. The judge said in his ruling that he cannot consider Amazon's claims that its actions benefited competition at this early stage in the case.

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MicroRNA Pioneers Win Nobel Prize in Medicine

Slashdot - Mon, 2024-10-07 22:41
American scientists Victor Ambros and Gary Ruvkun won the Nobel Prize in Physiology or Medicine on Monday for discovering microRNA, tiny molecules that regulate gene expression. Their groundbreaking work in the 1990s revealed a new layer of genetic control, opening fresh avenues for understanding human development and disease. Ambros first identified microRNA in 1993, while Ruvkun later found similar molecules in humans and other species. These RNA fragments, about 100 times smaller than typical messenger RNA, can silence genes and fine-tune protein production. The discovery has spurred research into potential treatments for cancer, heart disease, and neurological disorders. Several biotechnology companies are now developing drugs that target or mimic microRNAs.

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The Slow Death of the Hyperlink

Slashdot - Mon, 2024-10-07 22:01
The decline of journalism has been attributed to many factors, from slow adaptation to the internet to the dominance of tech giants in advertising. But a veteran journalist offers a new perspective: the death of the hyperlink could be changing the fundamental nature of the internet, with significant implications for the news industry. Matt Pearce: There is a real bias against hyperlinking that has developed on platforms and apps over the last five years in particular. It's something that's kind of operating hand-in-hand with the rise of algorithmic recommendations. You see this on Elon Musk's version of Twitter, where posts with hyperlinks are degraded. Facebook itself has decided to detach itself from displaying a lot of links. That's why you get so much AI scum on Facebook these days. Instagram itself has always been kind of hostile to linking. TikTok as well... If you degrade hyperlinks, and you degrade this idea of the internet as something that refers you to other things, you instead have this stationary internet where a generative AI agent will hoover up and summarize all the information that's out there, and place it right in front of you so that you never have to leave the portal... That was a real epiphany to me, because the argument against one form of this legislation was, "My God, you'll destroy this fundamental way of how the internet works." I'm like, dude, these companies are already destroying the fundamental way of how the internet works. [...] If you look at what technology has done to journalism over the last 10 years, it was journalists who figured out how to make Twitter work for them. It was journalists who figured out how to be really good on Instagram and Tik Tok. I know there's this argument about content creators and versus journalists, but I'm like, we're all in the same ecosystem. If you're performing the functions of a journalist, you're a journalist. Some people are really good on different platforms. But it's hard to imagine a scenario where Google is going to be the party that creates a more humane, intelligent, responsive form of journalism.

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Google Ordered To Make Sweeping Changes, Open Android App Store To Rivals

Slashdot - Mon, 2024-10-07 21:13
A U.S. federal judge has mandated significant changes to Google's Android app store operations. Judge James Donato's ruling in Epic v. Google requires Google to allow rival app stores within its Play Store and grant them access to its app catalog for three years, beginning November 2024. The order prohibits Google from requiring its payment system for Play Store apps and permits developers to inform users about alternative payment methods. Google is also barred from offering incentives for app launch exclusivity or sharing app revenue with potential app store competitors. The ruling restricts Google from providing financial perks to device makers and carriers for Play Store exclusivity.

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Apple Fixes Bugs in macOS Sequoia That Broke Some Cybersecurity Tools

Slashdot - Mon, 2024-10-07 20:47
Apple has rolled out an update to macOS 15 Sequoia that addresses compatibility issues with third-party security software that emerged in the initial release. The update, macOS 15.0.1, aims to resolve problems affecting products from CrowdStrike and Microsoft. The compatibility problems had disrupted the functionality of several cybersecurity tools when macOS 15 first launched in September.

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Google Testing a Version of Chrome for Android With Extensions Support

Slashdot - Mon, 2024-10-07 20:01
Google is developing a version of Chrome for Android that supports browser extensions, a feature long absent from mobile versions, AndroidAuthority reports. The report adds: Specifically, the company is experimenting with "desktop" builds of Chrome for Android. These "desktop" builds are currently intended for Chromebooks as they transition to use more parts of Android, but there's hope the work will benefit mobile devices, too.

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Big Tech Has Cozied Up To Nuclear Energy

Slashdot - Mon, 2024-10-07 19:22
Tech giants Amazon and Microsoft have inked major deals with U.S. nuclear power plants to fuel their energy-hungry data centers, marking a shift in the industry's power sourcing strategy. The move comes as AI-driven facilities strain companies' climate goals, pushing them towards carbon-free electricity sources. Microsoft plans to revive the shuttered Three Mile Island plant by 2028, while Amazon secured power from Pennsylvania's Susquehanna Nuclear facility in a $650 million deal. Google is also exploring nuclear options, including small modular reactors still under development. This trend could potentially triple U.S. nuclear capacity by 2050, according to a Department of Energy report.

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America Risks Running Out of Tickers for Single-Stock ETFs

Slashdot - Mon, 2024-10-07 18:45
U.S. exchanges' four-character limit for ETF tickers is creating fierce competition in the $10 trillion industry, particularly for single-stock funds. With 456,976 possible combinations, options narrow drastically when built around existing company tickers. MicroStrategy-inspired ETFs, for instance, leave issuers with just 52 choices using 'MST'. Memorable tickers are crucial for differentiation and can improve stock liquidity.

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American Water Warns of Billing Outages After Finding Hackers in Its Systems

Slashdot - Mon, 2024-10-07 18:07
U.S. public utility giant American Water says it has disconnected some of its systems after discovering that hackers breached its internal networks last week. From a report: American Water, which supplies drinking water and wastewater services to more than 14 million people across the United States, confirmed the security incident in an 8-K regulatory filing with the U.S. Securities and Exchange Commission on Monday. The New Jersey-based company said in its filing that its water and wastewater facilities are "at this time" not affected and continue to operate without interruption, though the company noted that it's currently "unable to predict the full impact of this incident." American Water said it also notified law enforcement of the intrusion. The company said it discovered "unauthorized activity" within its networks on October 3 and promptly moved to disconnect affected systems. In a statement on its website, American Water said it is "pausing billing until further notice." "In an effort to protect our customers' data and to prevent any further harm to our environment, we disconnected or deactivated certain systems," Ruben E. Rodriguez, a spokesperson for American Water, told TechCrunch in a statement. "There will be no late charges for customers while these systems are unavailable." Rodriguez declined to state which systems were unavailable and also declined to comment on the nature of the cybersecurity incident.

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Advocacy Groups Suspend Use of 'Suicide Capsule'

Slashdot - Mon, 2024-10-07 17:20
doc1623 writes: Advocacy groups behind a so-called suicide capsule said Sunday they have suspended the process of taking applications to use it -- which numbered over 370 last month -- as a criminal investigation into its first use in Switzerland is completed. The president of Switzerland-based The Last Resort, Florian Willet, is being held in pretrial detention, said the group and Exit International, an affiliate founded in Australia over a quarter century ago. Swiss police arrested Willet and several other people following the death of an unidentified 64-year-old woman from the U.S. Midwest who on Sept. 23 became the first person to use the device, known as the "Sarco," in a forest in the northern Schaffhausen region near the German border. Others initially detained were released from custody, authorities have said.

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Amazon To Cut 14,000 Corporate Jobs in Early 2025, Morgan Stanley Says

Slashdot - Mon, 2024-10-07 16:42
Amazon will likely eliminate around 14,000 corporate jobs by early next year as part of ongoing efforts to reduce costs, according to a note Morgan Stanley sent to clients that Slashdot has reviewed. Brian Nowak of Morgan Stanley estimated Amazon could cut approximately 13,800 manager positions by the end of the first quarter of 2025, based on the company's stated goal of increasing the ratio of individual contributors to managers by at least 15%. "AMZN management's recent letter laying out an increased focus on efficiency should lead to further EBIT cushion and (potential) upside in '25," Nowak wrote. The potential headcount reduction could result in $2.1 billion to $3.6 billion in annual cost savings for Amazon, adding 3% to 5% to the company's 2025 operating profit, according to Nowak's analysis. Amazon has already cut over 27,000 jobs since late 2022 as part of a major cost-cutting push. The company employed 1.54 million people globally as of the end of June.

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Google's Grip on Search Slips as TikTok and AI Startup Mount Challenge

Slashdot - Mon, 2024-10-07 16:06
Google's grip on the nearly $300 billion search advertising business is loosening. From a report: For years, the tech giant has seemed invincible in this corner of the ad market, which is the foundation of its business. Now, rivals are beginning to eat into its lead, and new offerings -- fueled by the rise of artificial intelligence and social video -- threaten to reshape the landscape. TikTok, the wildly popular short-form video platform, has recently started allowing brands to target ads based on users' search queries -- a direct challenge to Google's core business. Perplexity, an AI search startup backed by Jeff Bezos, plans to introduce ads later this month under its AI-generated answers. Until now, it has made revenue mostly from a $20-a-month subscription offering that grants access to more-powerful AI technology. The new initiatives add to the pressure on Google from the rise of Amazon.com, which has taken a chunk of search ad spending. Many consumers begin product searches on the e-commerce platform. Google's share of the U.S. search ad market is expected to drop below 50% next year for the first time in over a decade, according to the research firm eMarketer. Amazon is expected to have 22.3% of the market this year, with 17.6% growth, compared with Google's 50.5% share and its 7.6% growth.

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EFF and ACLU Urge Court to Maintain Block on Mississippi's 'Age Verification' Law

Slashdot - Mon, 2024-10-07 13:34
An anonymous Slashdot reader shared the EFF's "Deeplink" blog post: EFF, along with the ACLU and the ACLU of Mississippi, filed an amicus brief on Thursday asking a federal appellate court to continue to block Mississippi's HB 1126 — a bill that imposes age verification mandates on social media services across the internet. Our friend-of-the-court brief, filed in the U.S. Court of Appeals for the Fifth Circuit, argues that HB 1126 is "an extraordinary censorship law that violates all internet users' First Amendment rights to speak and to access protected speech" online. HB 1126 forces social media sites to verify the age of every user and requires minors to get explicit parental consent before accessing online spaces. It also pressures them to monitor and censor content on broad, vaguely defined topics — many of which involve constitutionally protected speech. These sweeping provisions create significant barriers to the free and open internet and "force adults and minors alike to sacrifice anonymity, privacy, and security to engage in protected online expression." A federal district court already prevented HB 1126 from going into effect, ruling that it likely violated the First Amendment. At the heart of our opposition to HB 1126 is its dangerous impact on young people's free expression. Minors enjoy the same First Amendment right as adults to access and engage in protected speech online. "No legal authority permits lawmakers to burden adults' access to political, religious, educational, and artistic speech with restrictive age-verification regimes out of a concern for what minors might see" [argues the brief]. "Nor is there any legal authority that permits lawmakers to block minors categorically from engaging in protected expression on general purpose internet sites like those regulated by HB 1126..." "The law requires all users to verify their age before accessing social media, which could entirely block access for the millions of U.S. adults who lack government-issued ID..." And it also asks another question. "Would you want everything you do online to be linked to your government-issued ID?" And the blog post makes one more argument. "in an era where data breaches and identity theft are alarmingly common." So the bill "puts every user's personal data at risk... No one — neither minors nor adults — should have to sacrifice their privacy or anonymity in order to exercise their free speech rights online."

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Mozilla Thunderbird for Android is Almost Ready After 2 Years

Slashdot - Mon, 2024-10-07 09:34
An anonymous reader shared this post from the blog It's FOSS It has been more than two years since K-9 Mail (an open-source email client for Android) joined the Mozilla Thunderbird project. Instead of making a new mobile app from scratch, Mozilla decided to convert K-9 Mail slowly into the new Thunderbird Android app. While we have known about it for some time now, we finally have something to test: Thunderbird for Android (Beta). Mozilla is looking for users to test it and plans a stable release at the end of October. The new Thunderbird app is now available on the Play Store as a beta version for user testing. So, we are closer to the stable launch than ever before. The article includes a few screenshots of the app... "For the functionality side, you can expect things like light/dark theme, email signature, unified inbox, ability to enable/disable contact pictures, threaded view, and opt out of data usage collection for privacy..."

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