Businesses

OpenAI's Windsurf Deal Is Off, Windsurf's CEO Is Going To Google (theverge.com) 11

OpenAI's planned acquisition of Windsurf has fallen apart. Instead, Google is hiring Windsurf CEO Varun Mohan, cofounder Douglas Chen, and parts of its R&D team to join DeepMind and focus on agentic coding for Gemini. Google will not acquire Windsurf but will receive a non-exclusive license to some of its technology, while Windsurf continues independently under new leadership. The Verge reports: Effective immediately, Jeff Wang, Windsurf's head of business, has become interim CEO, and Graham Moreno, its VP of global sales, will be Windsurf's new president. "Gemini is one of the best models available and we've been investing in its advanced capabilities for developers," Chris Pappas, a spokesperson for Google, told The Verge in a statement. "We're excited to welcome some top AI coding talent from Windsurf's team to Google DeepMind to advance our work in agentic coding."

"We are excited to be joining Google DeepMind along with some of the Windsurf team," Mohan and Chen said in a statement. "We are proud of what Windsurf has built over the last four years and are excited to see it move forward with their world class team and kick-start the next phase." Google didn't share how much it was paying to bring on the team. OpenAI was previously reported to be buying Windsurf for $3 billion.

Businesses

Few Danes Work Until Official Retirement Age as Government Pushes It to 70 (courthousenews.com) 57

Denmark's Parliament adopted a law in May raising the retirement age to 70 by 2040, up from the current 67, affecting anyone born after December 31, 1970. The country indexed its official retirement age to life expectancy in 2006 and revises it every five years, with the age set to increase to 68 in 2030 and 69 in 2035.

Few Danes actually work until the legal retirement age -- in 2022, when the official age was 67, the actual average retirement age was around 64, according to the Organization for Economic Cooperation and Development. About 20% of Danish retirees leave work because they cannot find employment or are too sick to continue. The universal public pension currently provides 7,198 kroner ($1,130) per month, supplemented by mandatory and optional employer-funded pensions.
Earth

How Hot Can It Get, Literally? Scientists Weigh In (financialpost.com) 43

Four years of research following the 2021 western North American heat wave has revealed both the meteorological conditions that fuel extreme temperatures and evidence that heat has physical limits. The 2021 event "shocked everyone, including specialists working on the subject. People were completely stunned," said Robin Noyelle, a postdoctoral researcher in climate science at ETH Zurich.

Scientists now focus on temperature departures from local averages rather than absolute readings. The most anomalously warm temperature was recorded in Antarctica, where temperatures rose 39C above average in March 2022. North Pole temperatures surged 20C higher than normal in February, reaching the melting point in winter.

Research has identified five key factors that enable extreme heat: cloudless skies, high pressure, dark surfaces, lower altitudes, and lack of water. "Basically all of these conditions are met in Death Valley, but not in many other places in the world," said climate scientist Friederike Otto. Scientists insist that there are heat limits, though these upper bounds will rise with global warming, they caution.
Businesses

HMD 'Scaling Back' in the US, Killing Nokia All Over Again (theverge.com) 13

An anonymous reader shares a report: HMD Global, the company best known for licensing the Nokia brand for new phones and tablets over the last decade, has announced that it will "scale back" its US operations, and appears to have stopped selling both HMD and Nokia devices entirely.

[...] Based in Finland, HMD was formed in 2016 in order to purchase the Nokia feature phone business from Microsoft, which had in turn bought the ailing brand in 2014. It also secured a license to use the Nokia name on smartphones and tablets, with a focus on affordable and midrange hardware.

Security

Qantas Confirms Data Breach Impacts 5.7 Million Customers (bleepingcomputer.com) 4

Qantas has confirmed that 5.7 million customers have been impacted by a recent data breach through a third-party platform used by its contact center. The breach, attributed to the Scattered Spider threat group, exposed various personal details but did not include passwords, financial, or passport data. BleepingComputer reports: In a new update today, Qantas has confirmed that the threat actors stole data for approximately 5.7 million customers, with varying types of data exposed in the breach:

4 million customer records are limited to name, email address and Qantas Frequent Flyer details. Of this:
- 1.2 million customer records contained name and email address.
- 2.8 million customer records contained name, email address and Qantas Frequent Flyer number. The majority of these also had tier included. A smaller subset of these had points balance and status credits included.

Of the remaining 1.7 million customers, their records included a combination of some of the data fields above and one or more of the following:
- Address - 1.3 million. This is a combination of residential addresses and business addresses including hotels for misplaced baggage delivery.
- Date of birth - 1.1 million
- Phone number (mobile, landline and/or business) - 900,000
- Gender - 400,000. This is separate to other gender identifiers like name and salutation.
- Meal preferences - 10,000

Bitcoin

Emirates Airline Adding Crypto Payments With Crypto.com Partnership (arabnews.com) 18

Dubai-based airline Emirates is partnering with Crypto.com to integrate Bitcoin payments into the airliner's payment systems and add NFT collectibles on the company's websites for trading. The airline is also hiring staff to support its blockchain, crypto, and metaverse ambitions, positioning itself at the forefront of digital transformation in aviation.

"NFTs and metaverse are two different applications and approaches," explained Emirates Chief Operating Officer Adel Ahmed Al-Redha, adding that the airline will also seek to use the blockchain in tracing records of aircraft. "With the metaverse, you will be able to transform your whole processes -- whether it is in operation, training, sales on the website, or complete experience -- into a metaverse type application, but more importantly making it interactive."

The official integration of crypto payments is expected to take place next year, according to the announcement.
AI

Indeed, Glassdoor To Cut 1,300 Jobs in AI-Focused Consolidation (bloomberg.com) 26

Indeed and Glassdoor -- both owned by the Japanese group Recruit Holdings -- are cutting roughly 1,300 jobs as part of a broader move to combine operations and shift more focus toward AI. From a report: The cuts will mostly affect people in the US, especially within teams including research and development and people and sustainability, Recruit Holdings Chief Executive Officer Hisayuki "Deko" Idekoba said in a memo to employees. The company didn't give a specific reason for the cuts, but Idekoba said in his email that "AI is changing the world, and we must adapt by ensuring our product delivers truly great experiences."
AI

New EU Regulations Require Transparency, Copyright Protection From Powerful AI Systems 38

European Union officials unveiled new AI regulations on Thursday that require makers of the most powerful AI systems to improve transparency, limit copyright violations and protect public safety.

The rules apply to companies like OpenAI, Microsoft and Google that develop general-purpose AI systems underpinning services like ChatGPT, which can analyze enormous amounts of data and perform human tasks. The code of practice provides concrete details about enforcing the AI Act passed last year, with rules taking effect August 2.

EU regulators cannot impose penalties for noncompliance until August 2026. Companies must provide detailed breakdowns of content used for training algorithms and conduct risk assessments to prevent misuse for creating biological weapons. CCIA Europe, representing Amazon, Google and Meta, told New York Times the code imposes a disproportionate burden on AI providers.
Red Hat Software

Red Hat Gives Developers Free Access To Enterprise Linux For Business Use (nerds.xyz) 89

BrianFagioli shares a report from NERDS.xyz: Red Hat has introduced a new option that gives developers a fast lane to enterprise-grade Linux without needing to go through IT. The new release, called Red Hat Enterprise Linux for Business Developers, is now available for free. It offers direct, self-serve access to the same operating system used in production environments, specifically for business-focused development and testing.

The offering is part of the Red Hat Developer Program and is designed to reduce friction between development and operations teams. Developers can now build and test applications on the same platform that powers critical systems across physical servers, virtual machines, cloud deployments, and edge devices. [...] Each registered user can deploy up to 25 instances, whether virtual, physical, or cloud-based. The program includes signed and curated developer content such as programming languages, open source tools, and databases. Red Hat also includes Podman Desktop, its go-to container development tool, allowing users to work with containers that can closely match production environments.

While access is free, developers can choose to purchase support plans that tap into Red Hat's Linux expertise. This could appeal to developers working in business units or teams that want to build quickly without waiting on formal IT approval. This new option complements Red Hat's existing free Developer Subscription for Individuals and the Enterprise Developer Subscription for Teams, which is available through Red Hat reps or partners.

The Internet

Browser Extensions Turn Nearly 1 Million Browsers Into Website-Scraping Bots (arstechnica.com) 28

Over 240 browser extensions with nearly a million total installs have been covertly turning users' browsers into web-scraping bots. "The extensions serve a wide range of purposes, including managing bookmarks and clipboards, boosting speaker volumes, and generating random numbers," reports Ars Technica. "The common thread among all of them: They incorporate MellowTel-js, an open source JavaScript library that allows developers to monetize their extensions." Ars Technica reports: Some of the data swept up in the collection free-for-all included surveillance videos hosted on Nest, tax returns, billing invoices, business documents, and presentation slides posted to, or hosted on, Microsoft OneDrive and Intuit.com, vehicle identification numbers of recently bought automobiles along with the names and addresses of the buyers, patient names and the doctors they saw, travel itineraries hosted on Priceline, Booking.com, and airline websites, Facebook Messenger attachments and Facebook photos, even when the photos were set to be private. The dragnet also collected proprietary information belonging to Tesla, Blue Origin, Amgen, Merck, Pfizer, Roche, and dozens of other companies.

Tuckner said in an email Wednesday that the most recent status of the affected extensions is:

- Of 45 known Chrome extensions, 12 are now inactive. Some of the extensions were removed for malware explicitly. Others have removed the library.
- Of 129 Edge extensions incorporating the library, eight are now inactive.
- Of 71 affected Firefox extensions, two are now inactive.

Some of the inactive extensions were removed for malware explicitly. Others have removed the library in more recent updates. A complete list of extensions found by Tuckner is here.

AI

Microsoft Touts $500 Million in AI Savings While Slashing Jobs (yahoo.com) 28

Microsoft is keen to show employees how much AI is transforming its own workplace, even as the company terminates thousands of personnel. From a report: During a presentation this week, Chief Commercial Officer Judson Althoff said artificial intelligence tools are boosting productivity in everything from sales and customer service to software engineering, according to a person familiar with his remarks.

Althoff said AI saved Microsoft more than $500 million last year in its call centers alone and increased both employee and customer satisfaction, according to the person, who requested anonymity to discuss an internal matter. The company is also starting to use AI to handle interactions with smaller customers, Althoff said. This effort is nascent, but already generating tens of millions of dollars, he said.

The Internet

OpenAI To Release AI Web Browser in Challenge To Chrome (reuters.com) 58

OpenAI is close to releasing an AI-powered web browser that will challenge market-dominating Google Chrome, Reuters reported Wednesday. From the report: The browser is slated to launch in the coming weeks, three of the people said, and aims to use artificial intelligence to fundamentally change how consumers browse the web. It will give OpenAI more direct access to a cornerstone of Google's success: user data.
Music

Restaurants, Bars Say They're Getting Squeezed by Rising Music Licensing Costs (bloomberg.com) 191

Restaurants and bars face mounting financial pressure from music licensing fees as the number of Performing Rights Organizations has expanded from three dominant players to at least six nationwide. The National Restaurant Association reports members pay an average of $4,500 annually for music licenses, representing 0.5% of total sales for small establishments. Hotels have experienced even steeper increases, with one major chain seeing costs rise 200% from 2021-2025, and some properties facing 400% jumps.

The proliferation stems from streaming's revenue surge, which attracted new PROs seeking market share. Since many songs involve multiple songwriters affiliated with different organizations, venues must secure licenses from each PRO or risk lawsuits carrying penalties up to $150,000 per infringement.
Businesses

Nvidia Hits $4 Trillion Market Cap, First Company To Do So (cnbc.com) 25

Nvidia shares jumped more than 2% on Wednesday, topping a $4 trillion market cap for the first time as investors scooped stock in the tech giant building the hardware for the generative AI boom. From a report: The chipmaker is the first company to ever achieve this market value. Nvidia is the world's most valuable company, surpassing Microsoft and Apple, both of which hit the $3 trillion mark before Nvidia. Microsoft is also one of Nvidia's biggest and most important customers. The California-based company, which was founded in 1993, first passed the $2 trillion mark in February 2024, and surpassed $3 trillion in June.

Nvidia has profited heavily off of growing demand for artificial intelligence hardware and chips since the launch of ChatGPT in late 2022. The company has positioned itself as the decisive leader in the creating the graphics processing units that power large language models.

Businesses

Meta Invests $3.5 Billion in World's Largest Eye-Wear Maker in AI Glasses Push 37

Meta has acquired a $3.5 billion stake in Ray-Ban maker EssilorLuxottica, "a deal that increases the U.S. tech giant's financial commitment to the fast-growing smart glasses industry," reports Bloomberg. From the report: Meta's investment in the eyewear giant deepens the relationship between the two companies, which have partnered over the past several years to develop AI-powered smart glasses. Meta currently sells a pair of Ray-Ban glasses, first debuted in 2021, with built-in cameras and an AI assistant. Last month, it launched separate Oakley-branded glasses with EssilorLuxottica. EssilorLuxottica Chief Executive Officer Francesco Milleri said last year that Meta was interested in taking a stake the company, but that plan hadn't materialized until now.

The deal aligns with Meta CEO Mark Zuckerberg's commitment to AI, which has become a top priority and major expense for the company. Smart glasses are a key part of that plan. While Meta has historically had to deliver its apps and services via smartphones created by competitors, glasses offer Meta a chance to build its own hardware and control its own distribution, Zuckerberg has said. The arrangement gives Meta the advantage of having more detailed manufacturing knowledge and global distribution networks, fundamental to turning its smart glasses into mass-market products. For EssilorLuxottica, the deal provides a deeper presence in the tech world, which would be helpful if Meta's futuristic bets pay off. Meta is also betting on the idea that people will one day work and play while wearing headsets or glasses.
Businesses

Apple Taps Sabih Khan As New COO As Jeff Williams Plans Retirement (nerds.xyz) 6

BrianFagioli shares a report from NERDS.xyz: Apple is making a high-level leadership change that could significantly shape its future behind the scenes. The company has announced that longtime executive Jeff Williams will step down from his role as Chief Operating Officer later this month. His successor will be Sabih Khan, Apple's Senior Vice President of Operations and a key player in the company's global supply chain strategy. Williams isn't leaving Apple entirely just yet. He'll continue working closely with CEO Tim Cook for the rest of the year, overseeing Apple Watch and health initiatives, as well as leading the company's industrial design team until his retirement. After that, Apple's design team will report directly to Cook.

Khan's promotion is part of what Apple describes as a long-planned transition. Cook praised Khan as a "brilliant strategist" who helped Apple reduce its carbon footprint by over 60 percent, expand domestic manufacturing, and remain agile during global supply chain challenges. Khan has been with Apple for 30 years and took on a more prominent executive role in 2019. He has quietly helped the company build one of the most influential supply chains in the world.

Businesses

Intel Cuts Over 500 Jobs in Oregon as Part of Layoff Plan (yahoo.com) 21

Intel is laying off over 500 employees in Oregon as part of a broader restructuring plan expected to impact about 20% of its workforce. Bloomberg reports: The Oregon job reduction will hit facilities in Aloha and Hillsboro starting on July 15, Intel said in a regulatory filing. The layoffs are expected to eliminate about 529 employees on a permanent basis. The latest disclosure follows an announcement in California, where 107 employees were let go at Intel's Santa Clara headquarters.

Under new Chief Executive Officer Lip-Bu Tan, Intel embarked on a plan in April to slash jobs and reduce operating expenses. The company hasn't given a total figure for the cuts, but a person familiar with the matter has put the amount at more than a fifth of staff.
In a statement, Intel said it was making the Oregon cuts to become "a leaner, faster and more efficient company."

"Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution," the company said. "We are making these decisions based on careful consideration of what's needed to position our business for the future, and we will treat people with care and respect as we complete this important work."
Businesses

Amazon Asks Corporate Workers To 'Volunteer' Help With Grocery Deliveries as Prime Day Frenzy Approaches (theguardian.com) 113

Corporate employees of Amazon have been asked to volunteer their time to the company's warehouses to assist with grocery delivery as it heads into its annual discount spree known as Prime Day. From a report: In a Slack message reviewed by the Guardian that went to thousands of white-collar workers in the New York City area from engineers to marketers, an Amazon area manager called for corporate "volunteers to help us out with Prime Day to deliver to customers on our biggest days yet." It is not clear how many took up the offer.

The ask came the day before Prime Day kicks off. The manager said volunteers are "needed" to work Tuesday through Friday this week, in two-hour shifts between 10am and 6pm in the Red Hook neighborhood of Brooklyn, where the company operates a warehouse as part of its grocery delivery service, Amazon Fresh. Corporate employees seconded to the warehouse would be tasked with picking items, preparing carts and bags of groceries for delivery, packing boxes on receiving carts, and working to "boost morale with distribution of snacks," though they would be allowed to step into a conference room to take meetings and calls, according to the message. The manager noted such an effort would help "connect" warehouse and corporate teams.
Further reading: Amazon Prime Day Spending Down 14% in Early Hours From 2024.
AI

Music Pioneer Napster Tries Again, This Time With AI Chatbots (fastcompany.com) 18

Napster has returned with an AI-powered reinvention, launching a platform of specialized chatbots and holographic avatars. The former dot-com music file-sharing pioneer now offers dozens of "AI companions" trained as experts in fields from therapy to business strategy, plus the View device for 3D holographic video chats, FastCompany reports.

Infinite Reality acquired Napster for $207 million in March and rebranded itself under the nostalgic name. The platform charges $19 monthly or $199 bundled with hardware, marking Napster's latest attempt at relevance after previous owners tried VR concerts and crypto ventures.
Nintendo

Nintendo Wants To Keep 'Traditional Approach' To Development as Costs Skyrocket (theverge.com) 27

Nintendo plans to maintain its "traditional approach" to game development while managing rising costs during the Switch 2 transition, company president Shuntaro Furukawa said during a recent shareholders meeting.

"Recent game software development has become larger in scale and longer in duration, resulting in higher development costs," he said, adding that "rising development costs are increasing that risk" in what has always been "a high-risk business."

Nintendo's development teams are "currently devising various ways to maintain our traditional approach to creating games amidst the increasing scale and length of development," Furukawa said. The company believes, he said, "it is important to make the necessary investments for more efficient development."

The early Switch 2 lineup reflects increased ambition, with Mario Kart World introducing open-world structure to the racing series and Donkey Kong Bananza adding destructive elements to 3D platforming. Mario Kart World sells for $79.99, $10 more than most Nintendo games, while the Switch 2 costs $449.99, a $100 increase over the Switch OLED.

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