ICT news

• Instacart IPO Sets Valuation at Up To $9.3 Billion, Well Below the $39 Billion Pandemic High

  11-09-2023 23:00 via slashdot.org
  
  Grocery delivery app Instacart set a target valuation that was way below its prior funding round in 2021, a sign of companies treading carefully as they test investor appetite for new listings. From a report: The San-Francisco based firm said Monday it's pricing its shares between $26 and $28 per share. Instacart said it has 279 million shares outstanding as of Aug. 15. Including the stock options and the restricted stock units of 20.45 million and 31.47 million, respectively, the total stock fo
  
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• Europe's Economic Outlook Worsens as High Prices Plague Consumer Spending

  11-09-2023 22:01 via slashdot.org
  
  The European Union has lowered its forecast for economic growth this year and next, saying inflation is taking a heavy toll on people's willingness to spend in shops -- while higher interest rates are sharply restricting the credit needed for investment and purchases. From a report: The revised forecast Monday from the European Commission, the EU's executive arm, comes as fears of recession grow and as the European Central Bank faces a key decision this week on whether to keep raising rates, whi
  
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• Microsoft To Kill Off Third-Party Printer Drivers in Windows

  11-09-2023 21:00 via hardware.slashdot.org
  
  Microsoft has made it clear: it will ax third-party printer drivers in Windows. From a report: The death rattle will be lengthy, as the timeline for the end of servicing stretches into 2027 -- although Microsoft noted that the dates will be subject to change. There is, after all, always that important customer with a strange old printer lacking Mopria support.
  Mopria is part of the Windows' teams justification for removing support. Founded in 2013 by Canon, HP, Samsung and Xerox, the Mopria Alli
  
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• US Copyright Office Denies Protection for Another AI-Created Image

  11-09-2023 20:01 via slashdot.org
  
  The U.S. Copyright Office has again rejected copyright protection for art created using artificial intelligence, denying a request by artist Jason M. Allen for a copyright covering an award-winning image he created with the generative AI system Midjourney. From a report: The office said on Tuesday that Allen's science-fiction themed image "Theatre D'opera Spatial" was not entitled to copyright protection because it was not the product of human authorship. The Copyright Office in February rescind
  
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• Microsoft Cuts Ties With the Surface Duo After Just 2 Android Version Updates

  11-09-2023 19:00 via slashdot.org
  
  Microsoft is done supporting the original Surface Duo, three years after it first launched on September 10. From a report: The company has stated from the very start that the Surface Duo would receive just three years of OS updates, meaning today is the last day that Microsoft has to stay true to its word. Going forward, Microsoft will no longer ship new OS updates or security patches for the original Surface Duo, meaning Android 12L is the last version of the OS it will ever officially receive.
  
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• Lithuania Was the Country That Secretly Wiretapped the World for the FBI

  11-09-2023 18:00 via news.slashdot.org
  
  Slash_Account_Dot shares a report: The FBI had a problem. In 2019 the agency was secretly running an encrypted phone company called Anom. Serious organized criminals were using the phones and Anom was gaining popularity. But even though Anom contained a backdoor -- a chunk of code that silently copied every message sent -- the FBI was unable to actually read Anom's messages. The FBI had not obtained legal approval to rummage through that treasure trove of intelligence.
  [...] So the agency turned
  
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• Sundar Pichai Says Google and Nvidia Will Still Be Working Together 10 Years From Now

  11-09-2023 17:01 via tech.slashdot.org
  
  Sundar Pichai said Google's longstanding relationship with chipmaker Nvidia isn't going to change any time soon -- in fact, he expects it to continue over the next 10 years. From a report: In an interview Wired published Monday, the Google CEO said the company worked "deeply" with Nvidia on Android and other initiatives for over a decade, adding that Nvidia has a "strong track record" with AI innovation. "Look, the semiconductor industry is a very dynamic, cooperative industry," Pichai said. "It
  
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• Apple Renews Qualcomm Deal in Sign Its Own Modem Chip Isn't Ready

  11-09-2023 16:00 via apple.slashdot.org
  
  Apple is extending an agreement to get modem semiconductors from Qualcomm for three more years, a sign that its ambitious effort to design the chips in-house is taking longer than expected. From a report: The new pact will cover "smartphone launches in 2024, 2025 and 2026," Qualcomm said in a statement Monday. The companies' agreement had been set to end this year, and the latest iPhone -- due on Tuesday -- was expected to be one of the last to rely on the Qualcomm modem chip. Instead, Qualcomm
  
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• A $700 Million Bonanza for the Winners of Crypto's Collapse: Lawyers

  11-09-2023 13:34 via news.slashdot.org
  
  An anonymous Slashdot reader shared this report from the New York Times:The collapse in cryptocurrency prices last year forced a procession of major firms into bankruptcy, triggering a government crackdown and erasing the savings of millions of inexperienced investors. But for a small group of corporate turnaround specialists, crypto's implosion has become a financial bonanza.
  Lawyers, accountants, consultants, cryptocurrency analysts and other professionals have racked up more than $700 million
  
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• IEEE Specctrum Announces Top Programming Languages of 2023: Python and SQL

  11-09-2023 09:34 via developers.slashdot.org
  
  Last week IEEE Spectrum released its 10th annual rankings of the Top Programming Languages.
  It choose a top language for each of three categories:actively used among typical IEEE members and working software engineers, in demand by employers, or "in the zeitgeist".The results?This year, Python doesn't just remain No. 1 in our general "Spectrum" ranking — which is weighted to reflect the interests of the typical IEEE member — but it widens its lead.
  Python's increased dominance appear
  
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• Hobbyist Builds HDMI ISA Graphics Card For Vintage PCs By Improving Graphics Gremlin

  11-09-2023 06:44 via tech.slashdot.org
  
  Earlier this year, Singapore-based embedded security researcher yeokm1 built a ChatGPT client for MS-DOS.Now they're back with a new project:
  HDMI is a relatively modern video connector we take for granted on modern PCs and monitors. Now vintage PCs can join in the fun too with a native connection to modern HDMI monitors without any additional adapter.
  Two years ago, I learned of an open-source project called Graphics Gremlin by Eric Schlaepfer who runs the website Tubetime.us. It is an 8-bit IS
  
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• How a Breached Microsoft Engineer Account Compromised the Email Accounts of US Officials

  11-09-2023 03:44 via it.slashdot.org
  
  An anonymous reader shared this report from Bloomberg:China-linked hackers breached the corporate account of a Microsoft engineer and are suspected of using that access to steal a valuable key that enabled the hack of senior U.S. officials' email accounts, the company said in a blog post. The hackers used the key to forge authentication tokens to access email accounts on Microsoft's cloud servers, including those belonging to Commerce Secretary Gina Raimondo, Representative Don Bacon and State D
  
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• Is Gen Z Giving Up on College?

  11-09-2023 01:11 via news.slashdot.org
  
  Business Insider reports on "a soaring number of Gen Zers who has decided to skip college altogether.
  "Four million fewer teenagers enrolled at a college in 2022 than in 2012."
  For many, the price tag has simply grown too exorbitant to justify the cost. From 2010 to 2022, college tuition rose an average of 12% a year, while overall inflation only increased an average of 2.6% each year. Today it costs at least $104,108 on average to attend four years of public university — and $223,360 for
  
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• Roblox Cancelled Awards Presentation Due To Security Incident

  11-09-2023 00:11 via yro.slashdot.org
  
  Slashdot reader quonset writes: Roblox Corporation was to have its award ceremony for developers on Saturday when it cancelled the event at the last moment. According to reports, a game developer was reportedly arrested on gun charges outside the event.
  More from MarketWatch:Citing jail records, the San Francisco Chronicle reported Sunday that a man identified as game developer Mikhail Olson, known by the nickname Simbuilder, was arrested by U.S. Park Police on suspicion of having a concealed fi
  
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