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Generative AI is not replacing jobs or hurting wages at all, economists claim

2 weeks ago
'When we look at the outcomes, it really has not moved the needle'

Instead of depressing wages or taking jobs, generative AI chatbots like ChatGPT, Claude, and Gemini have had almost no significant wage or labor impact so far – a finding that calls into question the huge capital expenditures required to create and run AI models.…

Thomas Claburn

Backblaze denies 'sham accounting' claims as short sellers circle

2 weeks ago
Cloud storage biz says 'baseless allegations' are attempts by analysts to profit

Cloud storage and backup provider Backblaze has denied accusations made by financial analysts of "sham accounting" and "insider dumping," as well as claims it inflated cash flow forecasts to hide its real performance.…

Dan Robinson

Open source text editor poisoned with malware to target Uyghur users

2 weeks ago
Who could possibly be behind this attack on an ethnic minority China despises?

Researchers at Canada’s Citizen Lab have spotted a phishing campaign and supply chain attack directed at Uyghur people living outside China, and suggest it’s an example of Beijing’s attempts to target the ethnic minority group.…

Simon Sharwood

Nationwide power outages knock Spain, Portugal offline

2 weeks 1 day ago
Cyberattack? Bad software update? International oopsie? The cause is unclear, but Iberia is dark

Updated  A massive power outage has left Spain, Portugal and parts of southern France without electricity, and the cause has yet to be identified.…

Brandon Vigliarolo

State Dept reorg could harm US in tech battle with China

2 weeks 1 day ago
Demotion of cyberspace policy team, closure of others, not a great look

The US State Department announced a major reorg this month, and the changes could weaken America's ability to counter China's growing technological influence.…

Brandon Vigliarolo

CNCF tells main NATS contributor Synadia that it's free to fork off

2 weeks 1 day ago
But what it can't do is 'unilaterally claw back a community project and its infrastructure, assets, and branding'

The Cloud Native Computing Foundation (CNCF) has filed a petition with the US Patent and Trademark Office to prevent Synadia from using the logo and domain for NATS, the open source messaging system.…

Lindsay Clark
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