The Almighty Buck

Coffee at Highest Price in 47 years (semafor.com) 188

An anonymous reader shares a report: Coffee beans hit their highest price in 47 years, driven by bad weather in Vietnam and Brazil, the biggest producers of robusta and arabica beans respectively.

Brazil saw its worst drought in 70 years this year followed by heavy rains, raising fears that next season's output will drop, further pinching already tight global supplies. Vietnam has itself had three years of low output.

Arabica beans hit $3.18 a pound on Wednesday, leading Nestle, the world's biggest coffee company, to increase prices. As well as climate concerns, future prices are being raised by worries about tariffs: Roasters "will try to import now, because otherwise you will be paying tariffs later," one trade analyst told the Financial Times.

News

Even Central Banks Are Losing Faith in CBDCs (ft.com) 31

Central bank support for digital currencies appears to have fallen sharply, with only 13% of central bankers surveyed by OMFIF Digital Monetary Institute backing CBDCs as a cross-border payment solution, down from 31% in 2023.

The survey found just 10% of respondents are actively developing CBDCs, compared with 21% last year. The decline comes despite major initiatives including the Bank for International Settlements' Project Agora and China's Project mBridge. The BIS recently withdrew from mBridge, creating a potential split between Western and emerging market payment systems. Nearly half of surveyed bankers favor improving existing instant payment infrastructure over CBDCs.
Earth

Plastics Lobbyists Make Up Biggest Group at Vital UN Treaty Talks (theguardian.com) 34

Record numbers of plastic industry lobbyists are attending global talks that are the last chance to hammer out a treaty to cut plastic pollution around the world. From a report: The key issue at the conference will be whether caps on global plastic production will be included in the final UN treaty. Lobbyists and leading national producers are furiously arguing against any attempt to restrain the amount that can be produced, leaving the talks on a knife-edge.

New analysis by the Center for International Environmental Law (CIEL) shows 220 fossil fuel and chemical industry representatives -- more plastic producers than ever -- are represented at the UN talks in Busan, South Korea. Taken as a group, they would be the biggest delegation at the talks, with more plastic industry lobbyists than representatives from the EU and each of its member states, (191) or the host country, South Korea (140), according to the Centre for International Environmental Law. Their numbers overwhelm the 89 delegates from the Pacific small island developing states (PSIDs), countries that are among those suffering the most from plastic pollution.

Sixteen lobbyists from the plastics industry are at the talks as part of country delegations. China, the Dominican Republic, Egypt, Finland, Iran, Kazakhstan and Malaysia all have industry vested interests within their delegations, the analysis shows. The plastic producer representatives outnumber delegates from the Scientists' Coalition for an Effective Plastics Treaty by three to one. Approximately 460m tonnes of plastics are produced annually, and production is set to triple by 2060 under business-as-usual growth rates.

Earth

Denmark Will Plant 1 Billion Trees, Convert 10% Farmland Into Forest (apnews.com) 120

An anonymous reader quotes a report from the Associated Press: Danish lawmakers on Monday agreed on a deal to plant 1 billion trees and convert 10% of farmland into forest and natural habitats over the next two decades in an effort to reduce fertilizer usage. The government called the agreement "the biggest change to the Danish landscape in over 100 years." Under the agreement, 43 billion kroner ($6.1 billion) have been earmarked to acquire land from farmers over the next two decades, the government said.

Danish forests would grow on an additional 250,000 hectares (618,000 acres), and another 140,000 hectares (346,000 acres), which are currently cultivated on climate-damaging low-lying soils, must be converted to nature. Currently, 14.6% of land is covered by forests. [...] In June, the government said livestock farmers will be taxed for the greenhouse gases emitted by their cows, sheep and pigs from 2030, the first country to do so as it targets a major source of methane emissions, one of the most potent gases contributing to global warming.

Education

Google Opens AI Campus In London 4

British Prime Minister Keir Starmer inaugurated London's first Google-funded AI Campus in Camden, aiming to equip young people with AI and machine learning skills. Reuters reports: The center, based in Camden, an area which Starmer represents in parliament and which is also home to Google's future offices in Kings Cross, has already started a two-year pilot project for local students. An first cohort of 32 people aged 16-18 will have access to resources in AI and machine learning and receive mentoring and expertise from Google's AI company DeepMind, the tech giant said. The students will tackle real-world projects connecting AI to fields such as health, social sciences and the arts at the campus, which has been established in partnership with the local authority, Google said.

Google's UK and Ireland managing director Debbie Weinstein announced 865,000 pounds ($1.10 million) of funding for an AI literacy program across the UK. The money will be used by charities Raspberry Pi Foundation and Parent Zone to help train teachers with an aim of reaching over 250,000 students by the end of 2026, she said.
Government

FTC Launches Broad Microsoft Antitrust Investigation (reuters.com) 17

The FTC has opened a broad antitrust investigation into Microsoft, including of its software licensing and cloud computing business. Bloomberg first reported the news. Reuters reports: The probe was approved by FTC Chair Lina Khan ahead of her likely departure in January. The election of Donald Trump as U.S. president and the expectation he will appoint a fellow Republican with a softer approach toward business, leaves the outcome of the investigation up in the air.

The FTC is examining allegations that the software giant is potentially abusing its market power in productivity software by imposing punitive licensing terms to prevent customers from moving their data from its Azure cloud service to other competitive platforms, sources confirmed earlier this month. The FTC is also looking at practices related to cybersecurity and artificial intelligence products, the source said on Wednesday.

News

Philippines Recruits Civilian Tech Talent To Fend Off Cyber Attacks (restofworld.org) 11

The Philippine Army is recruiting civilian hackers to bolster its cybersecurity defenses amid rising digital threats from China, army officials said. The 120-member Cyber Battalion has hired 70 tech experts in their 20s and 30s since 2020, offering them military training and the opportunity to serve the nation despite lower wages than private sector jobs.

The initiative follows cyber attacks on Philippine government servers, including those of the Coast Guard and President Marcos Jr., which authorities traced to China. Beijing denies involvement. The Philippines ranks among the countries most vulnerable to cyber threats, with recent attacks compromising millions of citizens' data through state and private institutions.
Intel

Intel's CHIPS Act Funding Cut By Over $600 Million (engadget.com) 25

The Biden administration is reducing Intel's CHIPS Act award by over $600 million, citing a $3 billion military contract the chipmaker was also awarded. Engadget reports: Initially set to receive $8.5 billion from the domestic silicon production bill, the company will get up to $7.85 billion instead. On Tuesday, The New York Times reported that Intel has extended some plant openings beyond 2030 government deadlines. Intel posted its biggest-ever quarterly loss last month after announcing 15,000 layoffs in August. The chip-maker's struggles have reportedly led some government officials to worry about its ability to deliver as a central component of the Biden White House's CHIPS Act.

Intel will receive at least $1 billion in CHIPS Act funding before the end of the year. The company plans to invest $90 billion in the US by the decade's end, a reduction from its initial goal of $100 billion in the next five years. The Commerce Department said the chip maker is still on schedule to invest the full $100 billion on projects in four states: Arizona ($3.94 billion), Oregon ($1.86 billion), Ohio ($1.5 billion) and New Mexico ($500 million).

United States

US To Reportedly Sanction 200 More Chinese Chip Firms (tomshardware.com) 82

The U.S. is preparing to impose new sanctions targeting 200 Chinese chipmakers and potentially restricting the export of High Bandwidth Memory (HBM). The move is intended to further hinder China's semiconductor and AI advancements. Tom's Hardware reports: The update sheds light on the Biden administration's recent efforts to impose stricter regulations on chip manufacturers in China. The latest swarm of sanctions reportedly targets roughly 200 Chinese firms. US companies are prohibited from exporting select technologies or products to the targeted firms. The report suggests that the US Department of Commerce aims to push these new regulations before the Thanksgiving break - or November 28. Neither the Department of Commerce nor the Chamber of Commerce responded to Reuters' request for comments.

Moreover, another wave of sanctions is set to follow in December - targeting the export of HBM (High Bandwidth Memory) - primarily to choke China's advance in the AI domain. The impacts of these restrictions are materializing given that Huawei's Kirin SoCs and Ascend AI accelerators will reportedly remain stuck at 7nm technology until 2026 as SMIC fails to procure cutting-edge Extreme Ultraviolet (EUV) machines from ASML.

Education

Microsoft Shuttering Dedicated Licensing Education, Certification Site (theregister.com) 12

Microsoft is retiring its "Get Licensing Ready" website, a resource for software licensing education. Going forward, content licensing will be located at microsoft.com/licensing. The Register also notes Microsoft's plans to enhance learning with AI tools, though specifics for licensing applications remain unclear. From the report: Software licensing is notoriously labyrinthine, so resources like the site Microsoft will close -- Get Licensing Ready -- can be very handy. Today, the site offers over 50 training modules plus documentation. But Microsoft has decided not to keep it around in its current form. Indeed, visitors to the site currently see a pop-up that explains "Microsoft will be ending support for licensing certifications through this platform and phasing out the Get Licensing Ready resource."

The site's "retirement" date is January 1. Users have until December 1 to complete any active modules and download certificates. If you're a user of the site, get cracking: Redmond warns it is "unable to provide copies of certification after December 31st, 2024." An email alias dedicated to the site will also go away on New Year's Day.
A Microsoft spokesperson told The Register the software megalith "remains committed to supporting licensing knowledge and solution-building for our partners and customers" -- in part with "new AI capabilities to further enhance learning and engagement."
Piracy

Supreme Court Wants US Input On Whether ISPs Should Be Liable For Users' Piracy (arstechnica.com) 114

An anonymous reader quotes a report from Ars Technica: The Supreme Court signaled it may take up a case that could determine whether Internet service providers must terminate users who are accused of copyright infringement. In an order (PDF) issued today, the court invited the Department of Justice's solicitor general to file a brief "expressing the views of the United States."

In Sony Music Entertainment v. Cox Communications, the major record labels argue that cable provider Cox should be held liable for failing to terminate users who were repeatedly flagged for infringement based on their IP addresses being connected to torrent downloads. There was a mixed ruling at the US Court of Appeals for the 4th Circuit as the appeals court affirmed a jury's finding that Cox was guilty of willful contributory infringement but reversed a verdict on vicarious infringement "because Cox did not profit from its subscribers' acts of infringement." That ruling vacated a $1 billion damages award and ordered a new damages trial. Cox and Sony are both seeking a Supreme Court review. Cox wants to overturn the finding of willful contributory infringement, while Sony wants to reinstate the $1 billion verdict.

The Supreme Court asking for US input on Sony v. Cox could be a precursor to the high court taking up the case. For example, the court last year asked the solicitor general to weigh in on Texas and Florida laws that restricted how social media companies can moderate their platforms. The court subsequently took up the case and vacated lower-court rulings, making it clear that content moderation is protected by the First Amendment.

Iphone

Indonesia Says Apple's $100 Million Investment Proposal Inadequate (reuters.com) 41

Indonesia rejected Apple's $100 million investment proposal to build an accessory and component plant, stating it was insufficient to lift the current ban on iPhone 16 sales in the country. Indonesia banned sales of Apple's iPhone 16 last month after it failed to meet requirements that smartphones sold domestically should comprise at least 40% locally-made parts. Reuters reports: "We have done an assessment and this (proposal) has not met principles of fairness," Industry Minister Agus Gumiwang Kartasasmita told a press conference, comparing the proposal to Apple's bigger investments in neighboring Vietnam and Thailand. Apple has no manufacturing facilities in Indonesia, but has since 2018 set up application-developer academies, which Jakarta considers a way for the company to meet local content requirement for the sale of older iPhone models. Agus said Apple had an outstanding investment commitment of $10 million it should have carried out before 2023. He also wanted Apple to commit to new investment until 2026.
SuSE

SUSE Unveils Major Rebranding, New Data-Protecting AI Platform (zdnet.com) 12

An anonymous reader quotes a report from ZDNet, written by Steven Vaughan-Nichols: At KubeCon North America, SUSE announced a significant rebranding effort, several new product offerings, and the launch of SUSE AI, a secure platform for deploying and running generative AI (gen AI) applications. SUSE has renamed its entire portfolio to make product names more descriptive and customer-friendly. Notable changes include:

- Rancher, SUSE's Kubernetes offering, is now SUSE Rancher.
- Liberty Linux, the company's Red Hat Enterprise Linux (RHEL)/CentOS clone and support offering, becomes SUSE Multi Linux Support.
- Harvester is rebranded as SUSE Virtualization
- Longhorn is now SUSE Storage.

[...] Also, like everyone else, SUSE now has an AI offering: SUSE AI. This isn't an AI chatbot, like Red Hat's Lightspeed AI tool. No, it's a secure platform for deploying and running gen AI applications. This new offering addresses key challenges faced by enterprises as they move from AI experimentation to deployment, particularly in areas of security and compliance.
These are SUSE AI's top features, as highlighted by Vaughan-Nichols:

1. Security by Design: SUSE AI provides security and certifications at the software infrastructure level, along with zero-trust security tools, templates, and compliance playbooks.
2. Multifaceted Trust: The platform ensures that generated data is correct and private customer and IP data remain secure. It supports deployment across various environments, including on-premise, hybrid, cloud, and air-gapped setups.
3. Choice and Flexibility: SUSE AI allows customers to select and deploy their preferred AI components and LLMs.
4. Simplified Operations: The platform provides simplified cluster operations, persistent storage, and easy access to pre-configured shared tools and services.
United States

US Says Google Is an Ad Tech Monopolist, in Closing Arguments (nytimes.com) 33

Lawyers for the United States on Monday said that Google had created a monopoly with its services to place ads online, closing out an antitrust trial over the company's dominance in advertising technology that could add to the Silicon Valley giant's mounting woes. From a report: The legal case concerns a system of software that is used by advertisers to place ads on websites around the internet. Aaron Teitelbaum, a lawyer for the Justice Department, told Judge Leonie M. Brinkema of the U.S. District Court for the Eastern District of Virginia that the company had linked its products together in a way that made it hard for publishers and advertisers to use alternatives.

"Google is once, twice, three times a monopolist," he said. "These are the markets that make the free and open internet possible." Google's lead lawyer, Karen Dunn, countered that the government had failed to offer the evidence to prove its case and was on shaky legal ground. "Google's conduct is a story of innovation in response to competition," she said. The arguments conclude U.S. et al. v. Google, an antitrust suit that the Justice Department and eight states filed against Google last year. (More states have joined the suit since then.) The agency and states accused the internet giant of abusing control of its ad technology and violating antitrust law, in part through the acquisition of the advertising software company Doubleclick in 2008. Next, Judge Brinkema will decide the merits of the case in the coming months.

Power

Northvolt Files For Bankruptcy as Europe's Battery Champion Loses Spark 58

Swedish battery maker Northvolt has filed for Chapter 11 bankruptcy in the U.S. and announced CEO Peter Carlsson's departure following a year marked by production delays and workforce reductions.

The company, once viewed as Europe's challenger to Chinese battery dominance, reported $1.2 billion in losses against $128 million revenue for 2023. Despite securing $15 billion in funding and $50 billion in orders by late 2023, with major stakeholders including Volkswagen (21%) and Goldman Sachs (19%), Northvolt faced mounting challenges. BMW canceled a $2 billion contract in June, prompting job cuts and project suspensions.
United States

Three-Quarters of US Adults Are Now Overweight or Obese 303

An anonymous reader shares a report: Nearly three-quarters of U.S. adults are overweight or obese, according to a sweeping new study. The findings have wide-reaching implications for the nation's health and medical costs as it faces a growing burden of weight-related diseases.

The study reveals the striking rise of obesity rates nationwide since 1990 -- when just over half of adults were overweight or obese -- and shows how more people are becoming overweight or obese at younger ages than in the past. Both conditions can raise the risk of diabetes, high blood pressure and heart disease, and shorten life expectancy.

The study's authors documented increases in the rates of overweight and obesity across ages. They were particularly alarmed by the steep rise among children, more than one in three of whom are now overweight or obese. Without aggressive intervention, they forecast, the number of overweight and obese people will continue to go up -- reaching nearly 260 million people in 2050.
Further reading: Adipose tissue retains an epigenetic memory of obesity after weight loss.
Power

Solar Glut: Half of California's Solar Power Sometimes Goes to Waste, Research Shows (latimes.com) 192

Some days more than half of California's available solar power goes to waste, according to research from the California Institute for Energy and Environment. "In the last 12 months, California's solar farms have curtailed production of more than 3 million megawatt hours of solar energy," according to a data analysis by the Los Angeles Times — enough to power 518,000 California homes for a year.

And it was curtailed "either on the orders of the state's grid operator or because prices had plummeted because of the glut. The waste would have been even larger if California had not paid utilities in other states to take the excess solar energy, documents from the state's grid operator show." That means green energy paid for by California electricity customers is sent away, lowering bills for residents of other states. Arizona's largest public utility reaped $69 million in savings last year by buying from the market California created to get rid of its excess solar power. The utility returned that money to its customers as a credit on their bills. Also reaping profits are electricity traders, including banks and hedge funds. The increasing oversupply of solar power has created a situation where energy traders can buy the excess at prices so low they become negative, said energy consultant Gary Ackerman, the former executive director of the Western Power Trading Forum. That means the solar plant is paying the traders to take it. "This is all being underwritten by California ratepayers," Ackerman said...

The solar glut also means higher electricity bills for Californians, since they are effectively paying to generate the power but not using it. California's electric rates are roughly twice the nation's average, with only Hawaii having higher rates. Rates at Southern California Edison and Pacific Gas & Electric increased by 51% over the last three years. "Ratepayers aren't getting the energy they've paid for," said Ron Miller, an energy industry consultant in Denver. He calculates that the retail value of the solar energy thrown away in a year would be more than $1 billion.

Gov. Gavin Newsom's advisors and those who manage the state's electric grid say they are working to reduce the curtailments, including by building more industrial-scale battery storage facilities that soak up the excess solar power during the day and then release it at night. Officials in the governor's office declined to be interviewed, but issued a statement saying the curtailments are often because of congestion on transmission lines, rather than a statewide oversupply of power. The state has been spending heavily to upgrade transmission lines to ease the congestion. "It's also important to have extra energy resources available that can help the state during periods of extreme weather and historic heatwaves when demand is particularly high, which have happened the past few years," the statement said...

The commercial solar industry contends that the expansion of storage capacity to bank solar power will eventually eliminate the glut.

Earth

World Agrees on $300B Climate Aid Financial Deal - After COP29 Summit 'Nearly Implodes' (cnn.com) 120

"At points there was fear the talks would implode, as groups representing vulnerable small island states and the least-developed countries walked out of negotiations Saturday," according to a new report from CNN.

But after weeks of international climate talks at COP29, "the world agreed to a new climate deal... "with wealthy countries pledging to provide $300 billion annually by 2035 to poorer countries to help them cope with the increasingly catastrophic impacts of the climate crisis." The amount pledged, however, falls far short of the $1.3 trillion economists say is needed to help developing countries cope with a climate crisis they have done least to cause — and there has been a furious reaction from many developing countries. a fiery speech immediately after the gavel went down, India's representative Chandni Raina slammed the $300 billion as "abysmally poor" and a "paltry sum," calling the agreement "nothing more than an optical illusion" and unable to "address the enormity of the challenge we all face."

Others were equally damning in their criticism. We are leaving with a small portion of the funding climate-vulnerable countries urgently need," said Tina Stege, Marshall Islands climate envoy. Stege heavily criticized the talks as showing the "very worst of political opportunism." Fossil fuel interests "have been determined to block progress and undermine the multilateral goals we've worked to build," she said in a statement...

There was also a push for richer emerging economies such as China and Saudi Arabia to contribute to the climate funding package, but the agreement only "encourages" developing countries to make voluntary contributions, and places no obligations on them... Saudi Arabia, the world's top oil exporter, which has pushed against ambitious action at past climate summits, seemed even more emboldened in Baku, publicly and explicitly rejecting any reference to oil, coal and gas in the deal.

The package "is also being criticised as short-sighted from the richer world's perspective," notes the BBC: The argument runs that if you want to keep the world safe from rising temperatures, then wealthier nations need to help emerging economies cut their emissions, because that is where 75% of the growth in emissions has occurred in the past decade.
But "Delegations more optimistic about the agreement said this deal is headed in the right direction," writes the Associated Press, "with hopes that more money flows in the future." The text included a call for all parties to work together using "all public and private sources" to get closer to the $1.3 trillion per year goal by 2035. That means also pushing for international mega-banks, funded by taxpayer dollars, to help foot the bill. And it means, hopefully, that companies and private investors will follow suit on channeling cash toward climate action. The agreement is also a critical step toward helping countries on the receiving end create more ambitious targets to limit or cut emissions of heat-trapping gases.
Education

Coding Boot Gamp Graduates Find Tough Prospects In an AI-Powered World (msn.com) 104

An anonymous reader shared this report from the New York Times: Between the time [construction worker Florencio] Rendon applied for the coding boot camp and the time he graduated, what Mr. Rendon imagined as a "golden ticket" to a better life had expired. About 135,000 start-up and tech industry workers were laid off from their jobs, according to one count. At the same time, new artificial intelligence tools like ChatGPT, an online chatbot from OpenAI, which could be used as coding assistants, were quickly becoming mainstream, and the outlook for coding jobs was shifting. Mr. Rendon says he didn't land a single interview.

Coding boot camp graduates across the country are facing a similarly tough job market. In Philadelphia, Mal Durham, a lawyer who wanted to change careers, was about halfway through a part-time coding boot camp late last year when its organizers with the nonprofit Launchcode delivered disappointing news. "They said: 'Here is what the hiring metrics look like. Things are down. The number of opportunities is down,'" she said. "It was really disconcerting." In Boston, Dan Pickett, the founder of a boot camp called Launch Academy, decided in May to pause his courses indefinitely because his job placement rates, once as high as 90 percent, had dwindled to below 60 percent. "I loved what we were doing," he said. "We served the market. We changed a lot of lives. The team didn't want that to turn sour."

Compared with five years ago, the number of active job postings for software developers has dropped 56 percent, according to data compiled by CompTIA. For inexperienced developers, the plunge is an even worse 67 percent. "I would say this is the worst environment for entry-level jobs in tech, period, that I've seen in 25 years," said Venky Ganesan, a partner at the venture capital firm Menlo Ventures.

A Stack Overflow survey of 65,000 developers found that 60% had used AI coding tools this year, the article points out. And it includes two predictions about the future:
  • Armando Solar-Lezama, leader of MIT's Computer-Assisted Programming Group, "believes that A.I. tools are good news for programming careers. If coding becomes easier, he argues, we'll just make more, better software. We'll use it to solve problems that wouldn't have been worth the hassle previously, and standards will skyrocket."
  • Zach Sims, a co-founder of Codecademy, said of the job prospects for coding boot camp graduates" "I think it's pretty grim."

Open Source

MacFORTH Code for 1984 Robot-Coding Game 'ChipWits' from 1984 is Now Open Source (chipwits.com) 10

Back in the mid-1980s Mark Roth was in 5th grade when the game ChipWits "helped kindle his interest in coding," according to an online biography. ("By middle school, he wrote his first Commodore 64 assembler and by high school he authored a 3D Graphics library for DOS.")

And 40 years later, Slashdot reader markroth8 writes that the programming puzzle/logic game "inspired many people to become professional coders": ChipWits was first released for Mac in 1984, and was later ported to Commodore 64 and Apple II in 1985. To celebrate the game's 40th anniversary, the team behind the new Steam reboot of ChipWits (including its original co-creator Doug Sharp, also of fame for the game King of Chicago) is announcing the recovery and open source release of the original game's source code, written in the FORTH programming language, for both Mac and Commodore 64 platforms.

Recovering data from 40-year old 5.25" and 3.5" disks was a challenge in and of itself, and most of the data survived unscathed! It's interesting to read the 40-year-old code, and compare it to modern game development.

"Our goal for open sourcing the original version of ChipWits is to ensure its legacy lives on," according to the announcement. (It adds that "We also wanted to share an appreciation for what cross-platform software development for 8-bit microcomputers was like in 1984.")

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