×
United States

California Lawmakers Approve Nation's Most Sweeping Emissions Disclosure Rules for Big Business (apnews.com) 88

Major corporations from oil and gas companies to retail giants would have to disclose their direct greenhouse gas emissions as well as those that come from activities like employee business travel under legislation passed Monday by California lawmakers, the most sweeping mandate of its kind in the nation. From a report: The legislation would require thousands of public and private businesses that operate in California and make more than $1 billion annually to report their direct and indirect emissions. The goal is to increase transparency and nudge companies to evaluate how they can cut their emissions. "We are out of time on addressing the climate crisis," Democratic Assemblymember Chris Ward said. "This will absolutely help us take a leap forward to be able to hold ourselves accountable."

The legislation was one of the highest profile climate bills in California this year, racking support from major companies that include Patagonia and Apple, as well as Christiana Figueres, former executive secretary of the United Nations convention behind the 2015 Paris climate agreement. The bill would still need final approval by the state Senate before it can reach Democratic Gov. Gavin Newsom. Lawmakers backing the bill say a large number of companies in the state already disclose some of their own emissions. But the bill is a controversial proposal that many other businesses and groups in the state oppose and say will be too burdensome.

Google

Google Pays $10 Billion a Year To Maintain Monopoly, US Says (bloomberg.com) 61

Alphabet's Google pays more than $10 billion a year to maintain its position as the default search engine on web browsers and mobile devices, stifling competition, the US Justice Department said Tuesday at the start of a high-stakes antitrust trial in Washington. From a report: "This case is about the future of the internet and whether Google's search engine will ever face meaningful competition," Kenneth Dintzer, a government lawyer, said in his opening statement. "The evidence will show they demanded default exclusivity to block rivals." Dintzer said Google became a monopoly by at least 2010 and today controls more than 89% of the online search market.

"The company pays billions for defaults because they are uniquely powerful," he said. "For the last 12 years, Google has abused its monopoly in general search." The monopolization trial is the first pitting the federal government against a US technology company in more than two decades. The Justice Department and 52 attorneys general from states and US territories allege Google illegally maintained its monopoly by paying billions to tech rivals, smartphone makers and wireless providers in exchange for being set as the preselected option or default on mobile phones and web browsers.

AI

Adobe, Others Join White House's Voluntary Commitments on AI (reuters.com) 13

Adobe, IBM, Nvidia and five other firms have signed President Joe Biden's voluntary commitments governing artificial intelligence, which requires steps such as watermarking AI-generated content, the White House said. From a report: The original commitments, which were announced in July, were aimed at ensuring that AI's considerable power was not used for destructive purposes. Google, OpenAI and OpenAI partner Microsoft signed onto the commitments in July.
The Almighty Buck

Credit Card Disputes Keep Rising at Visa as E-Commerce Booms (bloomberg.com) 115

Credit card disputes at Visa continued rising past their pandemic boom despite the proliferation of prevention software, as fraud grows alongside e-commerce and inflation. From a report: Disputes on Visa's network rose to more than 90 million in 2022, data provided by the payment company showed. More than 70 million disputes were filed in 2019, Visa said in a presentation, before rising 24% in 2020 during the pandemic and about 2% a year in 2021 and 2022.

Despite being easy for consumers to file, making it one of the most-common credit card frauds, disputes are an opaque part of the payments industry. Both Mastercard Inc. and American Express declined to provide disputes data. Visa and Mastercard both bought dispute prevention companies in 2019, Verifi and Ethoca, respectively, and regularly promote their offerings at conferences. Disputes can be costly and onerous for both credit card companies and merchants to process, while chargebacks, when a dispute results in a refund, cost merchants dearly -- about $2.40 for every dollar disputed, according to Visa's Verifi, or as high as $3.36 for every dollar, according to Mastercard's Ethoca.

Software

Lockheed Risks $800 Million Withheld Over New F-35 Software (bloomberg.com) 141

Lockheed Martin may see more than $800 million in payments withheld through next June until it wins approval for the software powering its most advanced version of the F-35, according to newly disclosed delivery figures. From a report: The No. 1 US defense contractor is on tap to finish production of about 52 of the upgraded TR-3 model fighter jets by Dec. 31 and approximately 12 per month after that, or 72 more by June 30, for as many as 124 jets, according to the data released Monday by Russ Goemaere, the Pentagon's spokesman on the F-35.

The Pentagon is withholding $7 million per aircraft until the new software is validated because the aircraft are being placed in storage until then. At 124 jets, that's $868 million. Last month, the Defense Department withheld $7 million on each of the first four upgraded F-35s. The aircraft needs the delay-plagued software upgrade to function fully with new cockpit hardware before it can carry more precise weapons and gather more information on enemy aircraft and air defenses. The upgrade will increase processing power 37 times and memory 20 times over the F-35's current capabilities.

News

Lithuania Was the Country That Secretly Wiretapped the World for the FBI (404media.co) 107

Slash_Account_Dot shares a report: The FBI had a problem. In 2019 the agency was secretly running an encrypted phone company called Anom. Serious organized criminals were using the phones and Anom was gaining popularity. But even though Anom contained a backdoor -- a chunk of code that silently copied every message sent -- the FBI was unable to actually read Anom's messages. The FBI had not obtained legal approval to rummage through that treasure trove of intelligence.

[...] So the agency turned to what court records have described as a "third country," the first country being America and the second being Australia, which ran a beta test of the Anom surveillance operation. The third country allowed the FBI to overcome this legal hurdle. The country hosted the Anom interception server for the FBI, and then provided Anom's messages to American authorities every Monday, Wednesday, and Friday. That country "requested its participation be kept confidential," according to a document I previously obtained. The document said the third country was a European Union member but did not name the country itself. "The FBI is neither now nor in the future in a position to release the identity of the aforementioned third country," the document added. That country was Lithuania, 404 Media has learned from a source briefed on the operation but who did not work on it on the U.S. side.

The Almighty Buck

A $700 Million Bonanza for the Winners of Crypto's Collapse: Lawyers (msn.com) 121

An anonymous Slashdot reader shared this report from the New York Times: The collapse in cryptocurrency prices last year forced a procession of major firms into bankruptcy, triggering a government crackdown and erasing the savings of millions of inexperienced investors. But for a small group of corporate turnaround specialists, crypto's implosion has become a financial bonanza.

Lawyers, accountants, consultants, cryptocurrency analysts and other professionals have racked up more than $700 million in fees since last year from the bankruptcies of five major crypto firms, including the digital currency exchange FTX, according to a New York Times analysis of court records. That sum is likely to grow significantly as the cases unfold over the coming months. Large fees are common in corporate bankruptcies, which require complex and time-intensive legal work to untangle. But in the crypto world, the mounting fees have sparked widespread outrage because many of the people owed money are amateur traders who lost their personal savings, rather than corporations with the ability to weather a financial crisis. Every dollar in fees is deducted from the pool of funds that will be returned to creditors at the end of the bankruptcies.

The fees are "exorbitant and ridiculous," said Daniel Frishberg, a 19-year-old investor who lost about $3,000 when the crypto company Celsius Network filed for bankruptcy last year. "At every hearing, they have an army of people there, and most of them don't need to be there. You don't need 20 people taking notes."

Education

Is Gen Z Giving Up on College? (msn.com) 404

Business Insider reports on "a soaring number of Gen Zers who has decided to skip college altogether.

"Four million fewer teenagers enrolled at a college in 2022 than in 2012." For many, the price tag has simply grown too exorbitant to justify the cost. From 2010 to 2022, college tuition rose an average of 12% a year, while overall inflation only increased an average of 2.6% each year. Today it costs at least $104,108 on average to attend four years of public university — and $223,360 for a private university.

At the same time, the salaries students can expect to earn after graduation haven't kept up with the cost of college. A 2019 report from the Pew Research Center found that earnings for young college-educated workers had remained mostly flat over the past 50 years. Four years after graduating, according to recent data from the Higher Education Authority, a third of students earn less than $40,000 — lower than the average salary of $44,356 that workers with only a high-school diploma earn. Factor in the average student debt of $33,500 that college graduates owe after they leave school, and many graduates will spend years catching up with their degree-less counterparts. This student-debt-driven financial hole is leaving more young graduates with a lower net worth than previous generations.

The widening gap between the value and the cost of college has started to shift Gen Z's attitude toward higher education. A 2022 survey by Morning Consult found that 41% of Gen Zers said they "tend to trust US colleges and universities," the lowest percentage of any generation. It's a significant shift from when millennials were in their shoes a decade ago: A 2014 Pew Research survey found that 63% of millennials valued a college education or planned to get one. And of those who graduated, 41% of that cohort considered their schooling "very useful" in readying them to enter the workforce — that's compared to 45% of Gen Xers and 47% of boomers who felt the same...

The focus now, especially in the midst of so much uncertainty in the economy, is on using college to prepare for a single, overriding goal: getting a good job.

The article argues this is transforming which classes get emphasized by both students and colleges. For example, in 2014 computer programming was only the 7th most popular major at U.C. Berkeley — but now it's #1. And the data science degree Berkeley created five years ago is now already its third most popular.

And meanwhile, "last year only 7% of Harvard freshmen planned to major in the humanities — down from 20% a decade earlier and almost 30% in the 1970s."

Thanks to long-time Slashdot reader yusing for sharing the article.
AI

To Build Their AI Tech, Microsoft and Google are Using a Lot of Water (apnews.com) 73

An anonymous Slashdot reader shares this report from the Associated Press: The cost of building an artificial intelligence product like ChatGPT can be hard to measure. But one thing Microsoft-backed OpenAI needed for its technology was plenty of water, pulled from the watershed of the Raccoon and Des Moines rivers in central Iowa to cool a powerful supercomputer as it helped teach its AI systems how to mimic human writing.

As they race to capitalize on a craze for generative AI, leading tech developers including Microsoft, OpenAI and Google have acknowledged that growing demand for their AI tools carries hefty costs, from expensive semiconductors to an increase in water consumption. But they're often secretive about the specifics. Few people in Iowa knew about its status as a birthplace of OpenAI's most advanced large language model, GPT-4, before a top Microsoft executive said in a speech it "was literally made next to cornfields west of Des Moines."

Building a large language model requires analyzing patterns across a huge trove of human-written text. All of that computing takes a lot of electricity and generates a lot of heat. To keep it cool on hot days, data centers need to pump in water — often to a cooling tower outside its warehouse-sized buildings. In its latest environmental report, Microsoft disclosed that its global water consumption spiked 34% from 2021 to 2022 (to nearly 1.7 billion gallons, or more than 2,500 Olympic-sized swimming pools), a sharp increase compared to previous years that outside researchers tie to its AI research. "It's fair to say the majority of the growth is due to AI," including "its heavy investment in generative AI and partnership with OpenAI," said Shaolei Ren, a researcher at the University of California, Riverside who has been trying to calculate the environmental impact of generative AI products such as ChatGPT. In a paper due to be published later this year, Ren's team estimates ChatGPT gulps up 500 milliliters of water (close to what's in a 16-ounce water bottle) every time you ask it a series of between 5 to 50 prompts or questions...

Google reported a 20% growth in water use in the same period, which Ren also largely attributes to its AI work.

OpenAI and Microsoft both said they were working on improving "efficiencies" of their AI model-training.
Power

Startup Building Zinc-Based Alternatives to Lithium Batteries Granted $400M Loan from the US (popsci.com) 97

Popular Science reports that America's Department of Energy "is providing a nearly $400 million loan to a startup aimed at scaling the manufacturing and deployment of a zinc-based alternative to rechargeable lithium batteries."

If realized, Eos Energy's utility- and industrial-scale zinc-bromine battery energy storage system could provide cheaper, vastly more sustainable options for the country's burgeoning renewable power infrastructure... Unlike lithium-ion and lithium iron phosphate batteries, alternatives such as the Eos Z3 design rely on zinc-based cathodes alongside a water-based electrolyte, notes MIT Technology Review. This important distinction both increases their stability, as well as makes it incredibly difficult for them to support combustion. Zinc-bromine batteries meanwhile also boast lifespans as long as 20 years, while existing lithium options only manage between 10 and 15 years. What's more, zinc is considered the world's fourth most produced metal...

The U.S. Department of Energy also notes that "over time," Eos expects to source almost all of its materials within the U.S., thus better insulating its product against the market volatility and supply chain issues. While the Department of Energy previously issued similar loans to battery recycling and geothermal energy projects, last week's announcement marks the first funding offered to a manufacturer of lithium-battery alternatives.

MIT's article notes that Eos's semi-autonomous facility in Pennsylvania already produces around 540 megawatt-hours annually — and it isn't operating at full capacity. This new loan could boost factory toward full-power. The $398-million loan funds "up to four state-of-the-art production lines," according to the announcement from the U.S. Energy Department.

It notes that the technology is "specifically designed for long-duration grid-scale stationary battery storage that can assist in meeting the energy grids' growing demand with increasing amounts of renewable energy penetration." If finalized, the project is expected to manufacture 8 GWh of storage capacity annually by 2026. That is enough to provide electricity to over 300,000 average U.S. homes instantaneously or meet the annual electricity needs of approximately 130,000 homes if fully charged and discharged daily. The project is expected to create up to 50 union contractor construction jobs and as many as 650 new operations jobs when at full operational capacity...

Critically, Eos batteries are non-flammable and do not require active cooling to operate. The batteries can achieve 100% depth of discharge...

Earth

Cleanup Begins at Burning Man Site: a Few Abandoned Cars, Plus a Burned-Out RV (rgj.com) 42

Late Friday a Burning Man press release claimed that "zero stuck or abandoned vehicles remain on site or on the exit road, as people have returned with friends and tow trucks to retrieve them."

But the Reno Gazette-Journal reports that as of 5 p.m. Friday, "at least a half-dozen vehicles were still scattered across miles of the Black Rock National Conservation Area, public land Burning Man leases from the Bureau of Land Management. Their drivers appeared to have made a run for the exit and got stuck in mud out on the playa. One burned-out RV that caught fire in the exit queue was still on site."

The press release from the Burning Man project claimed their entire community of attendees, sometimes called "Black Rock City," had now "disappeared, leaving no trace." But the Reno Gazette-Journal says... Entire abandoned camps were still in what had been Black Rock City, the temporary encampment that draws more than 70,000 burners each year. Tents, garbage bags, rugs, boxes, boots stuck in mud, a barbecue grill, cans of oil and even a wig were seen on Friday. Pershing County Sheriff Jerry Allen estimated there were still up to 10,000 people on site Thursday but a steady stream of RVS and cars continued to leave the playa... Burning Man did not return request for comment... "I am concerned about this year and the amount of stuff being left out," Allen told the Reno Gazette-Journal on Friday. "Dispatch has told me that in the last two days a lot of (car and truck) rental agencies and motor home businesses are looking for their vehicles still out there...

On Friday, the site was busy with campers who were cleaning up sites. Some abandoned camps sites had signs that said they would return. One sign said, "We will come back Thur. Fri. Sat. to clean up. Too many sick people."

The newspaper points out that event volunteers traditionally spend three weeks after the event doing a major clean-up effort. "The restoration crews they have doing that do an outstanding job," a public affairs specialist for the Bureau of Land Management told the newspaper.
Youtube

YouTube Under No Obligation To Host Anti-Vaccine Advocate's Videos, Court Says (arstechnica.com) 281

"12 people account for the lion's share of anti-vaccination propaganda posted to three of the leading social media outlets," NPR reported in 2021, citing a study from a London-based group opposed to online hate and disinformation."

But this week Ars Technica reports that one of those 12 "lost a lawsuit attempting to force YouTube to provide access to videos that were removed from the platform after YouTube banned his channels." Joseph Mercola had tried to argue that YouTube owed him more than $75,000 in damages for breaching its own user contract and denying him access to his videos. However, in an order dismissing Mercola's complaint, U.S. magistrate judge Laurel Beeler wrote that according to the contract Mercola signed, YouTube was "under no obligation to host" Mercola's content after terminating his channel in 2021 "for violating YouTube's Community Guidelines by posting medical misinformation about COVID-19 and vaccines."

"The court found no breach because 'there is no provision in the Terms of Service that requires YouTube to maintain particular content' or be a 'storage site for users' content,'" Beeler wrote. Because Mercola's contract with YouTube was found to be enforceable and "YouTube had the discretion to take down content that harmed its users," Beeler said that Mercola did not plausibly plead claims for breach of contract or unjust enrichment.

Mercola's complaint was dismissed without leave to amend.

Thanks to ArchieBunker (Slashdot reader #96,909) for sharing the article.
The Internet

US Broadband Buildout Finds Cost to Connect Some Households as High as $53,000 (msn.com) 119

Internet services has long been slow for the Winnebago Tribe in the state of Nebraska, reports the Wall Street Journal. Now the U.S. government "plans to fix that by crisscrossing the reservation with fiber-optic cable — at an average cost of $53,000 for each household and workplace connected."

While that amount exceeds the assessed value of some of the 658 homes getting hookups — at a cost of $35.2 million — "the tribe is also starting an internet company to run the network, creating jobs and competing with an existing provider known for slow customer service." While most connections will cost far less, the expense to reach some remote communities has triggered concerns over the ultimate price tag for ensuring every rural home, business, school and workplace in America has the same internet that city dwellers enjoy... The U.S. has committed more than $60 billion for what the Biden administration calls the "Internet for All" program, the latest in a series of sometimes troubled efforts to bring high-speed internet to rural areas... Providing fiber-optic cable is the industry standard, but alternative options such as satellite service are cheaper, if less reliable. Congress has left it up to state and federal officials implementing the program to decide how much is too much in hard-to-reach areas...

Defenders of the broadband programs say a simple per-location cost doesn't capture their benefits. Once built, rural fiber lines can be used to upgrade cell service or to add more connections to nearby towns...

Some of the differences can be explained by the distinct geographic areas the programs are targeting. While the FCC program included some suburbs and excluded remote locations such as Alaska, the programs run by Commerce and USDA specifically targeted far-flung regions with difficult construction conditions. "These are some of the most challenging locations that there are to reach in America," said Andy Berke, administrator of the USDA's Rural Utilities Service. He cited one project in Alaska that involves a 793-mile undersea fiber cable to reach remote villages.

Education

'Staggering' Education Inequality Caused During Pandemic by Overreliance on Tech, Says UN Agency (sanjuandailystar.com) 215

A United Nations report "says that overreliance on remote learning technology during the pandemic led to 'staggering' education inequality around the world," reports the New York Times. The 655-page report from the United Nations' education/culture agency UNESCO asks if we've just experienced a worldwide "ed-tech tragedy."

Long-time Slashdot reader theodp writes: Some of the main findings of the report include:

1. The promise of education technology was overstated
2. Remote online learning worsened education disparities
3. Learning was hindered and altered
4. Regulation and guardrails are needed.

Remember that the report covers countries around the world, with different levels of economic development. One section of the report is actually titled, "Most learners were left behind," citing estimates that "at least half of all students expected to access remote learning systems to continue their education were unable to do so due to technology gaps... In many parts of the world, accessing education via a technology portal was so uncommon and so unrealistic that many families did not even know that the option existed when schools closed." This should not have come as a particular surprise. The International Telecommunication Union (ITU), the specialized agency of the United Nations for ICT, estimated that approximately 3.7 billion people — roughly half of the world's population — lacked a functional internet connection in 2020... Countries around the world invested heavily in internet-connected solutions for education, even though these solutions commonly reached only a minority of students, resulting in a bifurcation of educational opportunity.
The report begins with a warning from the agency's assistant director-general for education. "Ultimately, we should heed this publication's recommendation to exercise greater humility and caution when considering the educational promise of the latest technological marvels."
Education

'Security Concerns' Caused Three-Day Internet Outage at the University of Michigan Last Week (cbsnews.com) 19

On August 30th the University of Michigan announced it had finally restored its internet connectivity and Wi-Fi network, according to the Ann Arbor News, "after several days of outages caused by a 'significant security concern,' officials said." The outage coincided with the first days of the new school year, although "classes continued through the outage." The internet was shut down on 1:45 p.m. on Sunday, Aug. 27, after the Information Assurance team at the university identified a security concern, according to previous reporting. The Information Assurance team fights cybersecurity threats and malicious actors... The investigation into the security issue is ongoing and no other information will be released, said Santa Ono, president of University of Michigan.
But a local CBS station heard some theories from cybersecurity experts: "The fact that they took their systems down, like proactively took their systems down, is the indication that it is a cybersecurity incident," said co-founder and CTO of SensCy Dave Kelly. "The reason why you do that is that you don't want it to spread further."

"They probably didn't know to what extent they'd been compromised," senior penetration tester and ethical hacker at NetWorks Group Chris Neuwirth said. "They probably didn't know how many accounts were compromised or the initial entry point that the threat actor used to gain access into the network." Sources close to the investigation told CBS News Detroit that U-M detected malware on its Wi-Fi network and decided to shut it down in response.

So, did the school avoid a disaster? Neuwirth thinks it very well could have. "They likely had very robust backups and data recover, plans, procedures in place that helped them make the decision very confidently and rapidly," he said. "Four days in that they're already bringing up their systems tells me that it's likely that a lot of what they had been preparing for worked."

Kelly said these types of incidents are on the rise. "There's been a large increase in cybersecurity incidents," he said. It's been trending up, quite frankly, for the last several years. It used to be that these threat actors were targeting the government and Fortune 500 companies, but they've started to, more and more over the years, look at universities."

Thanks to long-time Slashdot reader regoli for sharing the news.
Earth

UN Warns World Will Miss Climate Targets Unless Fossil Fuels Phased Out (theguardian.com) 224

Governments are failing to cut greenhouse gas emissions fast enough to meet the goals of the Paris agreement and to stave off climate disaster, a major report by the UN has found. From a report: Meeting the goals will require "phasing out all unabated fossil fuels," the report says, in an acknowledgment that some oil-producing countries may find hard to take. The need to phase out fossil fuels has not been explicitly adopted by the UN before, under successive rounds of climate talks, and language over "phasing out" or "phasing down" fossil fuels has caused controversy at the annual UN climate talks.

There is a "rapidly narrowing window" for governments to move faster, according to the report, as global greenhouse gas emissions must peak by 2025 at the latest, and be rapidly reduced from there, to limit temperature rises to 1.5C above pre-industrial levels. Emissions are still rising, however, and there is a gap of 20 to 23 gigatonnes of CO2 between the cuts needed by 2030 to limit global temperatures to 1.5C and the world's current emissions trajectory. The report, which was expected next week but was published hurriedly in draft by the UN on Friday, will form the basis of the first "global stocktake" under the 2015 Paris agreement. That process is meant to track countries' efforts to meet the goals of the treaty.

The Almighty Buck

Outage At Square Prevents Small Businesses From Accepting Credit Cards (sfchronicle.com) 40

The financial services platform Square is experiencing a widespread outage, causing many small businesses around the country to switch to cash only. From a report: In a statement posted to their website, Square said it began investigating a service disruption linked to its data center at 11:47 a.m. As of 4:48 p.m., the San Francisco-based company said it was still working on a fix. Aaron Bergh, owner of Calwise Spirits Co. in Paso Robles, said he noticed the disruption around noon. In the three hours following, his business did about $1,000 in sales -- all without being able to process credit card payments.

Instead employees have been writing down credit card numbers to charge later or done business in cash, which has limited how much customers can spend, he said. In the five years he's been doing business, Bergh said he'd never experienced a Square outage lasting more than half-an-hour. Even in those cases, the platform would still allow businesses to record credit card information. This time, he can't even log into his account, he said.
Square is posting updates at issquareup.com.
United States

The End of Airbnb In New York (wired.com) 200

An anonymous reader quotes a report from Wired: Thousands of Airbnbs and short-term rentals are about to be wiped off the map in New York City. Local Law 18, which came into force Tuesday, is so strict it doesn't just limit how Airbnb operates in the city -- it almost bans it entirely for many guests and hosts. From now on, all short-term rental hosts in New York must register with the city, and only those who live in the place they're renting -- and are present when someone is staying -- can qualify. And people can only have two guests.

Gone are the days of sleek downtown apartments outfitted for bachelorette parties, cozy two- and three-bedroom apartments near museums for families, and even the option for people to rent out their apartment on weekends when they're away. While Airbnb, Vrbo, and others can continue to operate in New York, the new rules are so tight that Airbnb sees it as a "de facto ban" on its business.
The rules "are a blow to its tourism economy and the thousands of New Yorkers and small businesses in the outer boroughs who rely on home sharing and tourism dollars to help make ends meet," says Theo Yedinsky, global policy director for Airbnb. "The city is sending a clear message to millions of potential visitors who will now have fewer accommodation options when they visit New York City: You are not welcome."

According to Inside Airbnb, there are currently more than 40,000 Airbnbs in New York -- 22,434 of those are short-term rentals. "While the number of rentals may be small compared to New York City's population of 8 million people, Murray Cox, founder of Inside Airbnb, says some desirable neighborhoods are overly burdened by short-term rentals, which can result in housing shortages and higher rents," reports Wired. "The new law, in theory, could open these homes to local residents."

The implementation of the law shows "very clearly you can cut down on short-term rentals," says Cox, who was part of the Coalition Against Illegal Hotels, a group that advocated for the registration law. "You can make these platforms accountable."
Microsoft

Microsoft Signs Giant Carbon Removal Deal To Sponge Up CO2 Using Limestone (geekwire.com) 42

In a deal that could be worth $200 million, Microsoft announced that it is purchasing 315,000 metric tons of carbon removal over a multi-year period from climate tech startup Heirloom Carbon. It's one of the biggest deals of its kind, reports The Wall Street Journal (paywalled). GeekWire reports: San Francisco-based Heirloom is harnessing a geologic approach to catching and holding carbon dioxide. Limestone naturally binds to carbon, but Heirloom's technology dramatically speeds up the process, cutting it from years to days. The startup operates the only U.S. facility permanently capturing carbon. Even more important than the volume of carbon to be removed is the deal's ability to unlock additional funding and investments to grow Heirloom's business and the sector more broadly.

Microsoft previously invested in Heirloom through its $1 billion Climate Innovation Fund. The new deal represents a financially empowering "bankable agreement," said Heirloom CEO Shashank Samala. "Bankable agreements of this magnitude enable Heirloom to raise project finance for our rapid scale-up, fueling exponential growth like what we've seen in the renewable energy industry," Samala said in a statement. The guaranteed cash flow can facilitate financing needed to build Heirloom's next two commercial sites.
The deal is also "an example of the impact of the Biden administration's 2021 infrastructure bill," notes the report. "[T]he purchase was tied to Heirloom being selected by the U.S. Department of Energy as one of the nation's direct air capture (DAC) hubs. It will receive $600 million of matching funding thanks to the designation."
United States

Senate Votes To Approve Anna Gomez as 5th FCC Commissioner (fiercewireless.com) 29

The U.S. Senate today approved a nominee to fill the vacant, fifth seat on the Federal Communications Commission (FCC). The Senate voted 55 to 43 to approve Anna Gomez as the fifth FCC Commissioner. Her term will be for five years from July 1, 2021, so effectively about three years. From a report: Gomez most recently has served as a senior advisor on communications policy at the Bureau of Cyberspace and Digital Policy. She was also deputy administrator at the National Telecommunications and Information Administration (NTIA) from 2009 to 2013. The NTIA is not only important as the advisor to the President on national spectrum policy, but the agency is also currently overseeing the Broadband Equity, Access and Deployment (BEAD) program.

Slashdot Top Deals