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United States

Boeing Cargo Plane Makes Emergency Landing in Miami After 'Engine Malfunction' (nytimes.com) 29

A Boeing cargo plane headed for Puerto Rico was diverted Thursday night after taking off from Miami International Airport because of engine trouble, according to an official and flight data. From a report: Atlas Air Flight 5Y095 landed safely after experiencing an "engine malfunction" shortly after departure, the airline said early Friday. It was unclear what kind of cargo the plane was carrying. Data collected by FlightAware, a flight tracking company, showed the aircraft was a Boeing 747-8 that left its gate at Miami International at 10:11 p.m. on Thursday and returned to the airport about 50 minutes later. The website also showed that the plane traveled 60 miles in total. Reuters adds: The Atlas Air Flight 5Y095 was on its way to San Juan, Puerto Rico from Miami International Airport on late Thursday evening. The pilot made a Mayday call around 0333 GMT to report an engine fire and requested to return back to the airport, according to multi-channel recordings of conversations between the air traffic control and the plane available on liveatc.net. "We have a engine fire," one of the plane crew said, disclosing that there were five people on board.
News

David Mills, an Internet Pioneer, Has Died 19

David Mills, the man who invented NTP and wrote the implementation, has passed away. He also created the Fuzzballs and EGP, and helped make global-scale internetworking possible. Vint Cerf, sharing the news on the Internet Society mail group: His daughter, Leigh, just sent me the news that Dave passed away peacefully on January 17, 2024. He was such an iconic element of the early Internet.

Network Time Protocol, the Fuzzball routers of the early NSFNET, INARG taskforce lead, COMSAT Labs and University of Delaware and so much more.

R.I.P.
Earth

Greenland's Ice Sheet Melting Faster Than Scientists Previously Estimated, Study Finds 86

Scientists have underestimated recent mass loss from Greenland by as much as 20%, finds a new study published in the journal Nature. CBS News reports: Since 1985, Greenland's ice sheet has lost approximately 5,091 square kilometers of ice researchers found using satellite imagery. Scientists said earlier estimates did not track melting at the edges of the ice sheets, known as calving, which measures ice breaking off at the terminus of a glacier. Greenland's ice sheet loses about 193 square kilometers of ice per year, researchers found. Study co-author Chad Greene and his colleagues said they qualified the extent of calving, which increased the scope of ice mass lost.

They combined "236,328 observations of glacier terminus positions" compiled from various public data sets to capture monthly ice melt. Their measurements found that between 1985 and 2022, almost every glacier in Greenland experienced some level of loss. [...] Researchers in the study noted that "this retreat does not appear to substantially contribute to sea level rise" because most of the glacier margins the scientists measured were already underwater. The loss, however, may play a part in ocean circulation patterns, and how heat energy is distributed across the planet.
Google

Google To Invest $1 Billion In UK Data Center (reuters.com) 6

Google announced today that it will invest $1 billion building a data center near London. Reuters reports: The data centre, located on a 33-acre (13-hectare) site bought by Google in 2020, will be located in the town of Waltham Cross, about 15 miles north of central London, the Alphabet-owned company said in a statement. The British government, which is pushing for investment by businesses to help fund new infrastructure, particularly in growth industries like technology and artificial intelligence, described Google's investment as a "huge vote of confidence" in the UK.

"Google's $1 billion investment is testament to the fact that the UK is a centre of excellence in technology and has huge potential for growth," Prime Minister Rishi Sunak said in the Google statement. The investment follows Google's $1 billion purchase of a central London office building in 2022, close to Covent Garden, and another site in nearby King's Cross, where it is building a new office and where its AI company DeepMind is also based.
In November, Microsoft announced plans to pump $3.2 billion into Britain over the next three years.
United States

Remote Work Doesn't Seem To Affect Productivity, Fed Study Finds (frbsf.org) 105

An anonymous reader quotes a report released Tuesday (Jan. 16th) by the Federal Reserve Bank of San Francisco: The U.S. labor market experienced a massive increase in remote and hybrid work during the COVID-19 pandemic. At its peak, more than 60% of paid workdays were done remotely -- compared with only 5% before the pandemic. As of December 2023, about 30% of paid workdays are still done remotely (Barrero, Bloom, and Davis 2021). Some reports have suggested that teleworking might either boost or harm overall productivity in the economy. And certainly, overall productivity statistics have been volatile. In 2020, U.S. productivity growth surged. This led to optimistic views in the media about the gains from forced digital innovation and the productivity benefits of remote work. However, the surge ended, and productivity growth has retreated to roughly its pre-pandemic trend. Fernald and Li (2022) find from aggregate data that this pattern was largely explained by a predictable cyclical effect from the economy's downturn and recovery. In aggregate data, it thus appears difficult to see a large cumulative effect -- either positive or negative -- from the pandemic so far. But it is possible that aggregate data obscure the effects of teleworking. For example, factors beyond telework could have affected the overall pace of productivity growth. Surveys of businesses have found mixed effects from the pandemic, with many businesses reporting substantial productivity disruptions.

In this Economic Letter, we ask whether we can detect the effects of remote work in the productivity performance of different industries. There are large differences across sectors in how easy it is to work off-site. Thus, if remote work boosts productivity in a substantial way, then it should improve productivity performance, especially in those industries where teleworking is easy to arrange and widely adopted, such as professional services, compared with those where tasks need to be performed in person, such as restaurants. After controlling for pre-pandemic trends in industry productivity growth rates, we find little statistical relationship between telework and pandemic productivity performance. We conclude that the shift to remote work, on its own, is unlikely to be a major factor explaining differences across sectors in productivity performance. By extension, despite the important social and cultural effects of increased telework, the shift is unlikely to be a major factor explaining changes in aggregate productivity. [...]

The shift to remote and hybrid work has reshaped society in important ways, and these effects are likely to continue to evolve. For example, with less time spent commuting, some people have moved out of cities, and the lines between work and home life have blurred. Despite these noteworthy effects, in this Letter we find little evidence in industry data that the shift to remote and hybrid work has either substantially held back or boosted the rate of productivity growth. Our findings do not rule out possible future changes in productivity growth from the spread of remote work. The economic environment has changed in many ways during and since the pandemic, which could have masked the longer-run effects of teleworking. Continuous innovation is the key to sustained productivity growth. Working remotely could foster innovation through a reduction in communication costs and improved talent allocation across geographic areas. However, working off-site could also hamper innovation by reducing in-person office interactions that foster idea generation and diffusion. The future of work is likely to be a hybrid format that balances the benefits and limitations of remote work.

Education

OpenAI Announces First Partnership With a University (cnbc.com) 21

OpenAI on Thursday announced its first partnership with a higher education institution. Starting in February, Arizona State University will have full access to ChatGPT Enterprise and plans to use it for coursework, tutoring, research and more. From a report: The partnership has been in the works for at least six months, when ASU chief information officer Lev Gonick first visited OpenAI's HQ, which was preceded by the university faculty and staff's earlier use of ChatGPT and other artificial intelligence tools, Gonick told CNBC in an interview. ChatGPT Enterprise, which debuted in August, is ChatGPT's business tier and includes access to GPT-4 with no usage caps, performance that's up to two times faster than previous versions and API credits.

With the OpenAI partnership, ASU plans to build a personalized AI tutor for students, not only for certain courses but also for study topics. STEM subjects are a focus and are "the make-or-break subjects for a lot of higher education," Gonick said. The university will also use the tool in ASU's largest course, Freshman Composition, to offer students writing help. ASU also plans to use ChatGPT Enterprise to develop AI avatars as a "creative buddy" for studying certain subjects, like bots that can sing or write poetry about biology, for instance.

Education

'A Groundbreaking Study Shows Kids Learn Better On Paper, Not Screens. Now What?' (theguardian.com) 130

In an opinion piece for the Guardian, American journalist and author John R. MacArthur discusses the alarming decline in reading skills among American youth, highlighted by a Department of Education survey showing significant drops in text comprehension since 2019-2020, with the situation worsening since 2012. While remote learning during the pandemic and other factors like screen-based reading are blamed, a new study by Columbia University suggests that reading on paper is more effective for comprehension than reading on screens, a finding not yet widely adopted in digital-focused educational approaches. From the report: What if the principal culprit behind the fall of middle-school literacy is neither a virus, nor a union leader, nor "remote learning"? Until recently there has been no scientific answer to this urgent question, but a soon-to-be published, groundbreaking study from neuroscientists at Columbia University's Teachers College has come down decisively on the matter: for "deeper reading" there is a clear advantage to reading a text on paper, rather than on a screen, where "shallow reading was observed." [...] [Dr Karen Froud] and her team are cautious in their conclusions and reluctant to make hard recommendations for classroom protocol and curriculum. Nevertheless, the researchers state: "We do think that these study outcomes warrant adding our voices ... in suggesting that we should not yet throw away printed books, since we were able to observe in our participant sample an advantage for depth of processing when reading from print."

I would go even further than Froud in delineating what's at stake. For more than a decade, social scientists, including the Norwegian scholar Anne Mangen, have been reporting on the superiority of reading comprehension and retention on paper. As Froud's team says in its article: "Reading both expository and complex texts from paper seems to be consistently associated with deeper comprehension and learning" across the full range of social scientific literature. But the work of Mangen and others hasn't influenced local school boards, such as Houston's, which keep throwing out printed books and closing libraries in favor of digital teaching programs and Google Chromebooks. Drunk on the magical realism and exaggerated promises of the "digital revolution," school districts around the country are eagerly converting to computerized test-taking and screen-reading programs at the precise moment when rigorous scientific research is showing that the old-fashioned paper method is better for teaching children how to read.

Indeed, for the tech boosters, Covid really wasn't all bad for public-school education: "As much as the pandemic was an awful time period," says Todd Winch, the Levittown, Long Island, school superintendent, "one silver lining was it pushed us forward to quickly add tech supports." Newsday enthusiastically reports: "Island schools are going all-in on high tech, with teachers saying they are using computer programs such as Google Classroom, I-Ready, and Canvas to deliver tests and assignments and to grade papers." Terrific, especially for Google, which was slated to sell 600 Chromebooks to the Jericho school district, and which since 2020 has sold nearly $14bn worth of the cheap laptops to K-12 schools and universities.

If only Winch and his colleagues had attended the Teachers College symposium that presented the Froud study last September. The star panelist was the nation's leading expert on reading and the brain, John Gabrieli, an MIT neuroscientist who is skeptical about the promises of big tech and its salesmen: "I am impressed how educational technology has had no effect on scale, on reading outcomes, on reading difficulties, on equity issues," he told the New York audience. "How is it that none of it has lifted, on any scale, reading? ... It's like people just say, "Here is a product. If you can get it into a thousand classrooms, we'll make a bunch of money.' And that's OK; that's our system. We just have to evaluate which technology is helping people, and then promote that technology over the marketing of technology that has made no difference on behalf of students ... It's all been product and not purpose." I'll only take issue with the notion that it's "OK" to rob kids of their full intellectual potential in the service of sales -- before they even get started understanding what it means to think, let alone read.

Space

US Must Beat China Back To the Moon, Congress Tells NASA (space.com) 114

With NASA's Artemis moon program now targeting September 2025 for its Artemis 2 mission and September 2026 for Artemis 3, some members of Congress are concerned about the potential repercussions, particularly with China's growing ambitions in lunar exploration. "For the United States and its partners not to be on the moon when others are on the moon is unacceptable," said Mike Griffin, former NASA administrator. "We need a program that is consistent with that theme. Artemis is not that program. We need to restart it, not keep it on track." Space.com reports: The U.S. House of Representatives' Committee on Science, Space and Technology held a hearing about the new Artemis plan today (Jan. 17), and multiple members voiced concern about the slippage. "I remind my colleagues that we are not the only country interested in sending humans to the moon," Committee Chairman Frank Lucas (R-OK) said in his opening remarks. "The Chinese Communist Party is actively soliciting international partners for a lunar mission -- a lunar research station -- and has stated its ambition to have human astronauts on the surface by 2030," he added. "The country that lands first will have the ability to set a precedent for whether future lunar activities are conducted with openness and transparency, or in a more restricted manner."

The committee's ranking member, California Democrat Zoe Lofgren (D-CA), voiced similar sentiments. "Let me be clear: I support Artemis," she said in her opening remarks. "But I want it to be successful, especially with China at our heels. And we want to be helpful here in the committee in ensuring that Artemis is strong and staying on track as we look to lead the world, hand-in-hand with our partners, in the human exploration of the moon and beyond." Several other committee members stressed that the new moon race is part of a broader competition with China, and that coming in second could imperil U.S. national security.

"It's no secret that China has a goal to surpass the United States by 2045 as global leaders in space. We can't allow this to happen," Rich McCormick (R-GA) said during the hearing. "I think the leading edge that we have in space technology will protect the United States -- not just the economy, but technologies that can benefit humankind." And Bill Posey (R-FL) referred to space as the "ultimate military high ground," saying that whoever leads in the final frontier "will control the destiny of this Earth."

Robotics

'Student Should Have a Healthy-Looking BMI': How Universities Bend Over Backwards To Accommodate Food Delivery Robots (404media.co) 125

samleecole writes: A food delivery robot company instructed a public university to promote its service on campus with photographs and video featuring only students who "have a healthy-looking BMI," [body mass index] according to emails and documents I obtained via a public records request. The emails also discuss how ordering delivery via robot should become a "habit" for a "captured" customer base of students on campus.

These highly specific instructions show how universities around the country are going to extreme lengths to create a welcoming environment on campus for food delivery robots that sometimes have trouble crossing the street and need traffic infrastructure redesigned for them in order to navigate campus, a relatively absurd cache of public records obtained by 404 Media reveals.

Earth

Human 'Behavioral Crisis' At Root of Climate Breakdown, Say Scientists (theguardian.com) 300

In a new paper published in the journal Science Progress, author Joseph Merz argues that climate issues are symptoms of ecological overshoot, driven by exploited human behaviors such as overconsumption, waste, and population growth. The paper emphasizes the need to change societal norms and behaviors through various means, including using marketing and media strategies to promote sustainable living, rather than solely focusing on technological or policy solutions. The Guardian reports: Merz and colleagues believe that most climate "solutions" proposed so far only tackle symptoms rather than the root cause of the crisis. This, they say, leads to increasing levels of the three "levers" of overshoot: consumption, waste and population. They claim that unless demand for resources is reduced, many other innovations are just a sticking plaster. "We can deal with climate change and worsen overshoot," says Merz. "The material footprint of renewable energy is dangerously underdiscussed. These energy farms have to be rebuilt every few decades -- they're not going to solve the bigger problem unless we tackle demand."

"Overshoot" refers to how many Earths human society is using up to sustain -- or grow -- itself. Humanity would currently need 1.7 Earths to maintain consumption of resources at a level the planet's biocapacity can regenerate. Where discussion of climate often centers on carbon emissions, a focus on overshoot highlights the materials usage, waste output and growth of human society, all of which affect the Earth's biosphere. "Essentially, overshoot is a crisis of human behavior," says Merz. "For decades we've been telling people to change their behavior without saying: 'Change your behavior.' We've been saying 'be more green' or 'fly less', but meanwhile all of the things that drive behavior have been pushing the other way. All of these subtle cues and not so subtle cues have literally been pushing the opposite direction -- and we've been wondering why nothing's changing."

The paper explores how neuropsychology, social signaling and norms have been exploited to drive human behaviors which grow the economy, from consuming goods to having large families. The authors suggest that ancient drives to belong in a tribe or signal one's status or attract a mate have been co-opted by marketing strategies to create behaviors incompatible with a sustainable world. "People are the victims -- we have been exploited to the point we are in crisis. These tools are being used to drive us to extinction," says the evolutionary behavioral ecologist and study co-author Phoebe Barnard. "Why not use them to build a genuinely sustainable world?" Just one-quarter of the world population is responsible for nearly three-quarters of emissions. The authors suggest the best strategy to counter overshoot would be to use the tools of the marketing, media and entertainment industries in a campaign to redefine our material-intensive socially accepted norms.
"We're talking about replacing what people are trying to signal, what they're trying to say about themselves. Right now, our signals have a really high material footprint -- our clothes are linked to status and wealth, their materials sourced from all over the world, shipped to south-east Asia most often and then shipped here, only to be replaced by next season's trends. The things that humans can attach status to are so fluid, we could be replacing all of it with things that essentially have no material footprint -- or even better, have an ecologically positive one."
The Almighty Buck

Apple Revises App Store Rules To Let Developers Link To Outside Payment Methods (9to5mac.com) 152

Apple has announced changes to its U.S. App Store, allowing developers to link to alternative payment methods, "provided that the app also offer purchases through Apple's own In-App Purchase system," reports 9to5Mac. The change comes in light of the Supreme Court declining to hear Apple's appeal in its legal battle with Epic Games. From the report: The guideline says that developers can apply for an entitlement that allows them to include buttons or links directing users to out-of-app purchasing mechanisms: "Developers may apply for an entitlement to provide a link in their app to a website the developer owns or maintains responsibility for in order to purchase such items. Learn more about the entitlement. In accordance with the entitlement agreement, the link may inform users about where and how to purchase those in-app purchase items, and the fact that such items may be available for a comparatively lower price. The entitlement is limited to use only in the iOS or iPadOS App Store on the United States storefront. In all other storefronts, apps and their metadata may not include buttons, external links, or other calls to action that direct customers to purchasing mechanisms other than in-app purchase."

According to Apple, the link to an alternative payment platform can only be displayed on "one app page the end user navigates to (not an interstitial, modal, or pop-up), in a single, dedicated location on such page, and may not persist beyond that page." Apple has provided templates that developers can use for communicating with customers about alternative in-app payment systems [...]. Apple has also confirmed that it will charge a commission on purchases made through alternative payment platforms. This commission will be 12% for developers who are a member of the App Store Small Business Program and 27% for other apps. The commission will apply to "purchases made within seven days after a user taps on an External Purchase Link and continues from the system disclosure sheet to an external website." Apple says developers will be required to provide accounting of qualifying out-of-app purchases and remit the appropriate commissions. [...] However, Apple also says that collecting this commission will be "exceedingly difficult and, in many cases, impossible." [...]

The other anti-steering change that Apple is required to make is to allow developers to communicate with customers outside of their apps about alternative purchasing options, such as via email. Apple made this change in 2021 as part of its settlement of a class-action lawsuit brought on by small developers.

News

Rockstar Games' Owner is Fighting Remedy Entertainment Over Its New 'R' Logo (theverge.com) 24

Remedy Entertainment, the developer that created the Max Payne and Alan Wake video game franchises, is embroiled in a trademark dispute with Take-Two Interactive over claims that Remedy's new "R" logo too closely resembles that of its subsidiary Rockstar Games. From a report: As first reported by RespawnFirst, the Rockstar parent company has objected to trademark filings Remedy submitted to the Intellectual Property Offices in the UK and EU last year, over grounds that the logo is likely to cause "confusion on the part of the public." Remedy publicly unveiled its updated "R" logo in a blog post on April 14th, 2023 -- one day after the company filed its trademark application with the EU -- saying that the "bullet in the letter R in the old logo represented the era of Max Payne," and that it no longer reflected its wider game portfolio.
The Military

OpenAI Is Working With US Military on Cybersecurity Tools (bloomberg.com) 11

OpenAI is working with the Pentagon on a number of projects including cybersecurity capabilities, a departure from the startup's earlier ban on providing its artificial intelligence to militaries. From a report: The ChatGPT maker is developing tools with the US Defense Department on open-source cybersecurity software, and has had initial talks with the US government about methods to assist with preventing veteran suicide, Anna Makanju, the company's vice president of global affairs, said in an interview at Bloomberg House at the World Economic Forum in Davos on Tuesday. The company had recently removed language in its terms of service banning its AI from "military and warfare" applications. Makanju described the decision as part of a broader update of its policies to adjust to new uses of ChatGPT and its other tools.
The Almighty Buck

The World Could Get Its First Trillionaire Within 10 Years (apnews.com) 287

An anonymous reader quotes a report from the Associated Press: The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos. Oxfam, which for years has been trying to highlight the growing disparities between the super-rich and the bulk of the global population during the World Economic Forum's annual meeting, reckons the gap has been "supercharged" since the coronavirus pandemic.

The group said the fortunes of the five richest men -- Tesla CEO Elon Musk, Bernard Arnault and his family of luxury company LVMH, Amazon founder Jeff Bezos, Oracle founder Larry Ellison and investment guru Warren Buffett -- have spiked by 114% in real terms since 2020, when the world was reeling from the pandemic. Oxfam's interim executive director said the report showed that the world is entering a "decade of division." "We have the top five billionaires, they have doubled their wealth. On the other hand, almost 5 billion people have become poorer," Amitabh Behar said in an interview in Davos, Switzerland, where the forum's annual meeting takes place this week.

"Very soon, Oxfam predicts that we will have a trillionaire within a decade," Behar said, referring to a person who has a thousand billion dollars. "Whereas to fight poverty, we need more than 200 years." If someone does reach that trillion-dollar milestone -- and it could be someone not even on any list of richest people right now -- he or she would have the same value as oil-rich Saudi Arabia. [...] To calculate the top five richest billionaires, Oxfam used figures from Forbes as of November 2023. Their total wealth then was $869 billion, up from $340 billion in March 2020, a nominal increase of 155%. For the bottom 60% of the global population, Oxfam used figures from the UBS Global Wealth Report 2023 and from the Credit Suisse Global Wealth Databook 2019. Both used the same methodology.
Some of the measures Oxfam said should be considered to reduce global inequality include the permanent taxation of the wealthiest in every country, more effective taxation of big corporations and a renewed drive against tax avoidance. "To end extreme inequality, governments must radically redistribute the power of billionaires and corporations back to ordinary people," reports Oxfam. "A more equal world is possible if governments effectively regulate and reimagine the private sector."
The Almighty Buck

'Technical Glitch' In Payroll Software Sparks Riots In Papua New Guinea (theregister.com) 40

Papua New Guinea declared a two-week state of emergency following riots and multiple deaths, triggered by a payroll system error that incorrectly applied higher tax rates to government employees' salaries. The Register reports: The pacific nation recently extended COVID-era tax reductions into 2024, but the payroll system used for government employees was not configured correctly and in the first pay run of 2024 reverted to older and higher tax rates. Government workers were therefore taxed at a higher rate and their pay packets were around $100 less than expected -- about half the pay for many employees. That situation was misinterpreted as a surprise tax hike and some workers, including Police, went on strike to protest the situation.

Some saw the absence of law enforcement as an opportunity, and riots quickly spread across the city, accompanied by looting. Prime Minister James Marape described the situation as a "technical glitch," before later declaring a state of emergency that has seen troops stationed in the capital to restore order. Commissioner general of the Internal Revenue Commission, Sam Koin, apologized "for the loss of lives and properties during these regrettable and avoidable incidents."

Youtube

YouTube Begins New Wave of Slowdowns For Users With Ad Blockers Enabled (9to5google.com) 307

An anonymous reader quotes a report from 9to5Google: YouTube recently started slowing down its entire site whenever ad blockers are used. A new wave of slowdowns is hitting users, with the only resolutions being disabling the ad blocker or upgrading to premium. To combat the increasing frequency of ads on YouTube, people have employed the use of ad blockers for years. According to YouTube, that method of avoiding ads is deemed a violation of the terms of service. Of course, pre-video ads are a huge source of income for the service, and the only way to avoid them without the use of a third-party application is to pay YouTube directly for premium.

YouTube has since started discouraging the use of ad blockers in a couple of ways. The first is with a pop-up message that reads, "Ad blockers violate YouTube's Term of Service." The message then suggests you turn off your ad blocker. The user is not allowed to continue watching without doing so. The second method is one that's now starting to roll out to more users. YouTube has recently started slowing the entire site when an ad blocker is being used, referring to it as "suboptimal viewing." According to a post on Reddit, multiple users have noted that YouTube has become laggy and unresponsive, seemingly all of a sudden. It was quickly discovered that disabling whichever ad blocker is being used immediately revitalizes the site.

Verizon

Verizon To Keep Charging Controversial Fee Despite $100 Million Settlement 35

Verizon has agreed to pay $100 million to settle a class-action lawsuit over its monthly "Administrative and Telco Recovery Charge." The telecom giant will distribute the funds to customers who submit claims, with individuals receiving up to $100 each. Though admitting no wrongdoing, Verizon said it "continues to deny that it did anything wrong." The company defended its right to impose the charge, which was recently raised from $1.95 to $3.30 per month per line, and warned it may increase the fee again in the future. Settlement emails are still going out to eligible customers, who have until April 15 to file.
United States

No Joke: Feds Are Banning Humorous Electronic Messages On Highways (apnews.com) 85

schwit1 writes: It's no joke. Humorous and quirky messages on electronic signs will soon disappear from highways and freeways across the country. The U.S. Federal Highway Administration has given states two years to implement all the changes outlined in its new 1,100-page manual released last month, including rules that spells out how signs and other traffic control devices are regulated.

Administration officials said overhead electronic signs with obscure meanings, references to pop culture or those intended to be funny will be banned in 2026 because they can be misunderstood or distracting to drivers. The agency, which is part of the U.S. Department of Transportation, said signs should be "simple, direct, brief, legible and clear" and only be used for important information such as warning drivers of crashes ahead, adverse weather conditions and traffic delays. Seatbelt reminders and warnings about the dangers of speeding or driving impaired are also allowed.

Businesses

Trader Loses $5.7 Million To Slippage in Memecoin Trade 54

Web3 is Going Great: A trader looking to buy $9 million of a recently popular Solana memecoin, dogwifhat (WIF), lost $5.7 million of their funds to slippage as they placed a massive order in a pool with relatively low liquidity. $5.7 million of their funds were lost to "slippage" -- the discrepancy in price that can occur when a trade is so large or a market is so illiquid that the trade itself impacts the asset price.
Earth

Can Pumping CO2 Into California's Oil Fields Help Stop Global Warming? (yahoo.com) 83

America's Environmental Protection Agency "has signed off on a California oil company's plans to permanently store carbon emissions deep underground to combat global warming," reports the Los Angeles Times: California Resources Corp., the state's largest oil and gas company, applied for permission to send 1.46 million metric tons of carbon dioxide each year into the Elk Hills oil field, a depleted oil reservoir about 25 miles outside of downtown Bakersfield. The emissions would be collected from several industrial sources nearby, compressed into a liquid-like state and injected into porous rock more than one mile underground.

Although this technique has never been performed on a large scale in California, the state's climate plan calls for these operations to be widely deployed across the Central Valley to reduce carbon emissions from industrial facilities. The EPA issued a draft permit for the California Resources Corp. project, which is poised to be finalized in March following public comments. As California transitions away from oil production, a new business model for fossil fuel companies has emerged: carbon management. Oil companies have heavily invested in transforming their vast network of exhausted oil reservoirs into a long-term storage sites for planet-warming gases, including California Resources Corp., the largest nongovernmental owner of mineral rights in California...

[Environmentalists] say that the transportation and injection of CO2 — an asphyxiating gas that displaces oxygen — could lead to dangerous leaks. Nationwide, there have been at least 25 carbon dioxide pipeline leaks between 2002 and 2021, according to the U.S. Department of Transportation. Perhaps the most notable incident occurred in Satartia, Miss., in 2020 when a CO2 pipeline ruptured following heavy rains. The leak led to the hospitalization of 45 people and the evacuation of 200 residents... Under the EPA draft permit, California Resources Corp. must take a number of steps to mitigate these risks. The company must plug 157 wells to ensure the CO2 remains underground, monitor the injection site for leaks and obtain a $33-million insurance policy.

Canadian-based Brookfield Corporation also invested $500 million, according to the article, with California Resources Corp. seeking permits for five projects — more than any company in the nation. "It's kind of reversing the role, if you will," says their chief sustainability officer. "Instead of taking oil and gas out, we're putting carbon in."

Meanwhile, there's applications for "about a dozen" more projects in California's Central Valley that could store millions of tons of carbon emissions in old oil and gas fields — and California Resources Corp says greater Los Angeles is also "being evaluated" as a potential storage site.

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