Television

YouTube TV and Disney Reach Deal Ending Two-Week Blackout of ESPN, ABC (variety.com) 12

YouTube TV and Disney have ended their two-week carriage standoff, restoring ESPN, ABC, and other Disney networks under a new multiyear deal. Variety reports: Under the new agreement, ESPN's full lineup of sports -- including content from ESPN Unlimited -- will be made available on YouTube TV to base-plan subscribers at no additional cost by the end of 2026. In addition, access to a selection of live and on-demand programming from ESPN Unlimited will be available inside YouTube TV.

The deal also lets YouTube include the Disney+ and Hulu bundle as part of "select YouTube offerings." According to Disney, "select networks" will be included in various genre-specific packages that YouTube TV expects to launch in the future. [...] The deal supersedes their prior distribution agreement, inked in December 2021 after a two-day blackout.

The Almighty Buck

JPMorgan Chase Wins Fight With Fintech Firms Over Fees To Access Customer Data (cnbc.com) 11

According to CNBC, JPMorgan Chase has secured deals ensuring it will get paid by the fintech firms responsible for nearly all the data requests made by third-party apps connected to customer bank accounts. From the report: The bank has signed updated contracts with the fintech middlemen that make up more than 95% of the data pulls on its systems, including Plaid, Yodlee, Morningstar and Akoya, according to JPMorgan spokesman Drew Pusateri. "We've come to agreements that will make the open banking ecosystem safer and more sustainable and allow customers to continue reliably and securely accessing their favorite financial products," Pusateri said in a statement. "The free market worked."

The milestone is the latest twist in a long-running dispute between traditional banks and the fintech industry over access to customer accounts. For years, middlemen like Plaid paid nothing to tap bank systems when a customer wanted to use a fintech app like Robinhood to draw funds or check balances. [...] After weeks of negotiations between JPMorgan and the middlemen, the bank agreed to lower pricing than it originally proposed, and the fintech middlemen won concessions regarding the servicing of data requests, according to people with knowledge of the talks.

Fintech firms preferred the certainty of locking in data-sharing rates because it is unclear whether the current CFPB, which is in the process of revising the open-banking rule, will favor banks or fintech companies, according to a venture capital investor who asked for anonymity to discuss his portfolio companies. The bank and the fintech firms declined to disclose details about their contracts, including how much the middlemen agreed to pay and how long the deals are in force.

The Almighty Buck

Why Every Company Suddenly Wants To Become a Bank (msn.com) 62

Cryptocurrency companies and fintech startups are applying to open banks in the United States. Ripple, Coinbase and the UK payments company Wise have submitted applications for national trust charters this year. Trust banks cannot take deposits or make loans but charge fees for safekeeping customer assets and are not FDIC insured. The applications have reached 12 so far this year, more than any of the preceding eight years, according to data compiled by Klaros Group.

Comptroller of the Currency Jonathan Gould said last month that cryptocurrency activity should be done within the banking system if legally permissible and safe. His agency regulates nationally-chartered U.S. banks. The Bank Policy Institute and the Independent Community Bankers of America oppose the applications. BPI sent letters urging the Office of the Comptroller of the Currency to reject the Ripple, Wise, and Sony applications. The group said approving Coinbase could significantly increase risks to the U.S. financial system.
United Kingdom

The Economic Impact of Brexit 116

Abstract of a working paper [PDF] published by NBER: This paper examines the impact of the UK's decision to leave the European Union (Brexit) in 2016. Using almost a decade of data since the referendum, we combine simulations based on macro data with estimates derived from micro data collected through our Decision Maker Panel survey. These estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%, with the impact accumulating gradually over time.

We estimate that investment was reduced by between 12% and 18%, employment by 3% to 4% and productivity by 3% to 4%. These large negative impacts reflect a combination of elevated uncertainty, reduced demand, diverted management time, and increased misallocation of resources from a protracted Brexit process. Comparing these with contemporary forecasts -- providing a rare macro example to complement the burgeoning micro-literature of social science predictions -- shows that these forecasts were accurate over a 5-year horizon, but they underestimated the impact over a decade.
Government

Singapore To Trial Tokenized Bills, Bring In Stablecoin Laws (reuters.com) 4

An anonymous reader quotes a report from Reuters: Singapore's central bank will hold trials to issue tokenized MAS bills next year and bring in laws to regulate stablecoins as it presses forward with plans to build a scalable and secure tokenised financial ecosystem, the bank's top official said on Thursday. "Tokenization has lifted off the ground. But have asset-backed tokens achieved escape velocity? Not yet," said Chia Der Jiun, Managing Director of the Monetary Authority of Singapore (MAS), a keynote address at the Singapore FinTech Festival.

He said MAS has been working on the details of its stablecoin regulatory regime and will prepare draft legislation, with the emphasis on "sound reserve backing and redemption reliability." MAS is also supporting trials under the BLOOM initiative, which explores the use of tokenized bank liabilities and regulated stablecoins for settlement, he added. "In the CBDC space, I am pleased to announce that the three Singapore banks, DBS, OCBC, and UOB, have successfully conducted interbank overnight lending transactions using the first live trial issuance of Singapore dollar wholesale CBDC," he said. MAS will expand trials to include tokenized MAS bills settled with CBDC, he added.

Earth

World Still On Track For Catastrophic 2.6C Temperature Rise, Report Finds (theguardian.com) 176

An anonymous reader quotes a report from the Guardian: The world is still on track for a catastrophic 2.6C increase in temperature as countries have not made sufficiently strong climate pledges, while emissions from fossil fuels have hit a record high, two major reports have found. Despite their promises, governments' new emission-cutting plans submitted for the Cop30 climate talks taking place in Brazil have done little to avert dangerous global heating for the fourth consecutive year, according to the Climate Action Tracker update (PDF).

The world is now anticipated to heat up by 2.6C above preindustrial times by the end of the century -- the same temperature rise forecast last year. This level of heating easily breaches the thresholds set out in the Paris climate pact, which every country agreed to, and would set the world spiraling into a catastrophic new era of extreme weather and severe hardships. A separate report found the fossil fuel emissions driving the climate crisis will rise by about 1% this year to hit a record high, but that the rate of rise has more than halved in recent years. The past decade has seen emissions from coal, oil and gas rise by 0.8% a year compared with 2.0% a year during the decade before. The accelerating rollout of renewable energy is now close to supplying the annual rise in the world's demand for energy, but has yet to surpass it. [...]

The new analyses also show a worrying weakening of the planet's natural carbon sinks. The scientists said the combined effects of global heating and the felling of trees have turned tropical forests in southeast Asia and large parts of South America from overall CO2 sinks into sources of the climate-heating gas. [...] The report projects that the level of CO2 in the atmosphere will reach 425ppm (parts per million) in 2025, compared with 280ppm in the preindustrial era. It would have been 8ppm lower if the carbon sinks had not been weakened. The GCP projection for 2025 is based on monthly data up to September and has proven accurate in the previous 19 annual reports.

Social Networks

Jack Dorsey Funds diVine, a Vine Reboot That Includes Vine's Video Archive (techcrunch.com) 20

An anonymous reader quotes a report from TechCrunch: As generative AI content starts to fill our social apps, a project to bring back Vine's six-second looping videos is launching with Twitter co-founder Jack Dorsey's backing. On Thursday, a new app called diVine will give access to more than 100,000 archived Vine videos, restored from an older backup that was created before Vine's shutdown. The app won't just exist as a walk down memory lane; it will also allow users to create profiles and upload their own new Vine videos. However, unlike on traditional social media, where AI content is often haphazardly labeled, diVine will flag suspected generative AI content and prevent it from being posted. According to TechCrunch, a volunteer preservation group called the Archive Team saved Vine's content when it shut down in 2016. The only problem was that everything was stored in massive 40-50 GB binary blob files that were basically unusable for casual viewing.

Evan Henshaw-Plath (who goes by the name Rabble), an early Twitter employee and member of Jack Dorsey's nonprofit "and Other Stuff," dug into those backup files to try and salvage as much as he could. He spent months writing big-data extraction scripts, reverse-engineering how the archived binaries were structured, and reconstructing the original video files, old user info, view counts, and more. "I wasn't able to get all of them out, but I was able to get a lot out and basically reconstruct these Vines and these Vine users, and give each person a new user [profile] on this open network," he said.

Rabble estimates that through this process he was able to successfully recover 150,000-200,000 Vine videos from around 60,000 creators. diVine then rebuilt user profiles on top of the decentralized Nostr protocol so creators can reclaim their accounts, request takedowns, or upload missing videos.

You can check out the app for yourself at diVine.video. It's available in beta form on both iOS and Android.
The Almighty Buck

Apple Cuts App Store Fee In Half For 'Mini Apps' (cnbc.com) 5

Apple is cutting its App Store fee from 30% to 15% for developers who join a new Mini Apps Partner Program, which requires using more of Apple's built-in technology to power lightweight "mini apps." "This includes using Apple software to register a user's purchase history, verify user ages and to process in-app purchases," reports CNBC. From the report: A "mini app" is a lightweight piece of software inside a third-party app store, like that of Discord's. These apps uses are built using web technology like HTML or Javascript. [...] Apple has argued that both developers and users are better off when using its technology and rules, instead of eschewing them to try to avoid fees. "This program is designed to help developers who host mini apps grow their business and further the availability of mini apps on the App Store -- all while providing a great customer experience," the company said in its announcement. [...] Participants in the new program will still have to provide Apple with information for each specific mini-app experience they offer.
The Almighty Buck

Robinhood Offers To Bring Cash To Your Doorstep, for a Fee (yahoo.com) 82

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.

Mozilla

Mozilla Launches AI Window for Firefox (mozilla.org) 42

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.
News

France Fully Lifts Travel Ban on Telegram Founder Durov (france24.com) 8

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.
Earth

Iceland Deems Possible Atlantic Current Collapse A Security Risk 62

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."
Sci-Fi

Alien: Earth Renewed For Second Season 59

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."
Transportation

Toyota Opens the Doors To Its First EV Battery Plant In the US (electrek.co) 39

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.

Businesses

Anthropic To Spend $50 Billion On US AI Infrastructure (cnbc.com) 20

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."
United States

US Ends Penny-Making Run After More Than 230 Years (bbc.com) 186

The US is set to make its final penny. The Philadelphia Mint will strike its last batch of one-cent coins on Thursday, after more than 230 years of production. From a report: The coins will remain in circulation but the phase-out has already prompted businesses to start adjusting prices, as they say pennies are becoming harder to find. The government says the move will save money, or as President Donald Trump put it in February when he first announced the plans: "Rip the waste out of our great nation's budget, even if it's a penny at a time."

Pennies, which honour Civil War president Abraham Lincoln and are made of copper-plated zinc, today cost nearly four cents each to make -- more than twice the cost of a decade ago, according to the Treasury Department. It estimates the decision to end production will save about $56 million a year. Officials have argued that the rise of electronic transactions is making the penny, which first went into production in 1793, increasingly moot. The Treasury Department estimates that about 300 billion of the coins will remain in circulation, "far exceeding the amount needed for commerce."

Education

UC San Diego Reports 'Steep Decline' in Student Academic Preparation 174

The University of California, San Diego has documented a steep decline in the academic preparation of its entering freshmen over the past five years, according to a report [PDF] released this month by the campus's Senate-Administration Working Group on Admissions. Between 2020 and 2025, the number of students whose math skills fall below middle-school level increased nearly thirtyfold, from roughly 30 to 921 students. These students now represent one in eight members of the entering cohort.

The Mathematics Department redesigned its remedial program this year to focus entirely on elementary and middle school content after discovering students struggled with basic fractions and could not perform arithmetic operations taught in grades one through eight. The deterioration extends beyond mathematics. Nearly one in five domestic freshmen required remedial writing instruction in 2024, returning to pre-pandemic levels after a brief decline.

Faculty across disciplines report students increasingly struggle to engage with longer and complex texts. The decline coincided with multiple disrupting factors. The COVID-19 pandemic forced remote learning starting in spring 2020. The UC system eliminated SAT and ACT requirements in 2021. High school grade inflation accelerated during this period, leaving transcripts unreliable as indicators of actual preparation. UC San Diego simultaneously doubled its enrollment from under-resourced high schools designated LCFF+, admitting more such students than any other UC campus between 2022 and 2024.

The working group concluded that admitting large numbers of underprepared students risks harming those students while straining limited instructional resources. The report recommends developing predictive models to identify at-risk applicants and calls for the UC system to reconsider standardized testing requirements.
Earth

Sun Unleashes Strongest Solar Flare of 2025 25

New submitter UsRanger175 shares a report from Space.com: The sun erupted in spectacular fashion this morning (Nov. 11), unleashing a major X5.1-class solar flare, the strongest of 2025 so far and the most intense since October 2024. The eruption peaked at 5 a.m. EST (1000 GMT) from sunspot AR4274, which has been bursting with activity in recent days. The blast triggered strong (R3-level) radio blackouts across Africa and Europe, disrupting high-frequency radio communications on the sunlit side of Earth.

This outburst is the latest in a series of intense flares from AR4274, which also produced an X1.7 flare on Nov. 9 and an X1.2 on Nov. 10. Those flares were accompanied by coronal mass ejections (CMEs) that could combine and impact Earth overnight tonight, possibly triggering strong (G3) geomagnetic storm conditions and widespread auroras, according to NOAA's Space Weather Prediction Center. The CME released today could also join the party as it speeds toward Earth at 4.4 million mph. NOAA predicts the CME could impact Earth around midday on Nov. 12. With this third CME added to the mix, it's possible that we could experience severe (G4) geomagnetic storm conditions.
Youtube

YouTube TV Blackout Is Costing Disney an Estimated $4.3 Million Per Day In Lost Revenue (variety.com) 44

Disney is losing an estimated $4.3 million per day (about $30 million per week) from the ongoing YouTube TV blackout of ESPN, ABC, and other networks amid a contract dispute over carriage fees. Of course, YouTube is also feeling financial pressure from users who have already canceled or intend to cancel their service. Variety reports: Disney is losing an estimated $30 million per week from its networks being pulled off YouTube TV, which works out to nearly $4.3 million per day, according to Morgan Stanley analysts. The figure came in a research note from Morgan Stanley equity analysts Benjamin Swinburne and Thomas Yeh, who said in their financial forecast for Disney's year-end 2025 quarter, they are "layering in 14 days of impact from the ongoing YouTube TV blackout, which we estimate is a $60mm revenue headwind."

Nov. 11 marks the 12th day of the Disney blackout on YouTube TV. The Morgan Stanley analysts wrote that they expect the Disney-YouTube TV dispute to be resolved later this week, but estimated that each week its networks are dark on YouTube TV will lower Disney's adjusted earnings per share by 2 cents.

Open Source

FFmpeg To Google: Fund Us or Stop Sending Bugs (thenewstack.io) 113

FFmpeg, the open source multimedia framework that powers video processing in Google Chrome, Firefox, YouTube and other major platforms, has called on Google to either fund the project or stop burdening its volunteer maintainers with security vulnerabilities found by the company's AI tools. The maintainers patched a bug that Google's AI agent discovered in code for decoding a 1995 video game but described the finding as "CVE slop."

The confrontation centered on a Google Project Zero policy announced in July that publicly discloses reported vulnerabilities within a week and starts a ninety-day countdown to full disclosure regardless of patch availability. FFmpeg, written primarily in assembly language, handles format conversion and streaming for VLC, Kodi and Plex but operates without adequate funding from the corporations that depend on it. Nick Wellnhofer resigned as maintainer of libxml2, a library used in all major web browsers, because of the unsustainable workload of addressing security reports without compensation and said he would stop maintaining the project in December.

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