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eBay Rejects GameStop's $56 Billion Takeover As 'Neither Credible Nor Attractive'

2 months ago
An anonymous reader quotes a report from Reuters: EBay on Tuesday rejected a $56 billion takeover bid from the much smaller GameStop over financing doubts, calling the proposal "neither credible nor attractive." EBay, which has roughly four times GameStop's market value, also underscored that its turnaround efforts under CEO Jamie Iannone have boosted growth, with its stock returning 201% since Iannone took the position six years ago. "We have concluded that your proposal is neither credible nor attractive," eBay Chairman Paul Pressler said in a statement. "eBay's Board is confident the company, under its current management team, is well-positioned to continue to drive sustainable growth." He also pointed to concerns with GameStop's bid, including its financing, its impact on eBay's long-term growth and the leadership structure of a potentially combined company. Last week, GameStop's CEO Ryan Cohen delivered one of the most memorable CNBC interviews in recent memory... initially disinterested, then increasingly hostile, with little eye contact, few real answers to basic questions, and repeated robotic deflections to "check the website." It's worth a watch if you have a few extra minutes.

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Ubuntu 26.10 Development Officially Begins as ‘Stonking Stingray’ Takes Shape

2 months ago
by George Whittaker

Canonical has officially kicked off development planning for Ubuntu 26.10, the next interim release of the popular Linux distribution. Codenamed “Stonking Stingray,” the release is scheduled to arrive on October 15, 2026, continuing Ubuntu’s predictable six-month development cycle.

Although Ubuntu 26.10 is still in the early planning stages, the release roadmap already offers hints about what users can expect from the next generation of Ubuntu.

A New Interim Release After Ubuntu 26.04 LTS

Ubuntu 26.10 follows the recently released Ubuntu 26.04 LTS “Resolute Raccoon”, which introduced major platform changes including Linux 7.0, GNOME 50, Wayland-only sessions, and expanded TPM-backed security features.

Unlike the LTS release, Ubuntu 26.10 will be a short-term support release, receiving updates for nine months instead of the five years offered by LTS editions.

These interim releases are typically used to introduce newer technologies and prepare the groundwork for future long-term Ubuntu versions.

The “Stonking Stingray” Codename

Canonical confirmed that Ubuntu 26.10 will carry the codename “Stonking Stingray.”

As with previous Ubuntu releases, the codename follows the project’s long-running naming convention using:

  • An adjective
  • An animal beginning with the same letter

The playful naming tradition remains one of Ubuntu’s most recognizable characteristics.

Development Schedule Already Published

Canonical has already published the preliminary roadmap for Ubuntu 26.10 development. Major milestones currently include:

  • Feature Freeze: August 20, 2026
  • Beta Release: September 24, 2026
  • Kernel Freeze: October 1, 2026
  • Final Release: October 15, 2026

The toolchain upload process reportedly began in late April, officially opening the development cycle.

Expected Technologies in Ubuntu 26.10

While Canonical has not yet finalized the complete feature set, several components are widely expected based on current development schedules.

GNOME 51

Ubuntu 26.10 is likely to ship with GNOME 51, which is expected to be released roughly one month before Ubuntu 26.10 itself.

This would continue Ubuntu’s strategy of tracking recent GNOME desktop releases in interim versions.

Linux Kernel 7.2 or 7.3

Reports suggest Ubuntu 26.10 may include either:

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George Whittaker

FCC Says Foreign-Made Routers Can Get Updates Until 2029

2 months ago
The FCC has softened its ban on foreign-made consumer routers, allowing vendors to keep issuing broader software and firmware updates for devices already in use in the U.S. through at least January 2029. Dark Reading reports: Under the original FCC ruling, foreign manufacturers were permitted to provide only limited maintenance and security patches to US customers through March 2027. In a public note (PDF) on May 8, the FCC extended that deadline to at least January 2029 and also expanded the scope of permissible updates. The FCC will now allow foreign manufacturers to provide not just minor security fixes and changes, but also more major software and firmware updates that could affect router functionality, which previously required additional FCC review. The agency described the revisions as intended to ensure the continued safety of already deployed foreign-made consumer routers in the US. "The FCC likely issued this revision in response to the operational realities of network security and the slow pace of equipment replacement," says Jason Soroko, senior fellow at Sectigo. "Replacing millions of embedded devices across national infrastructure requires immense time and capital, and abandoning existing systems to a completely unpatched state would create an immediate vulnerability." "This waiver significantly alleviates the most pressing fears tied to the initial ban by preventing a sudden and dangerous security vacuum," added Soroko.

Read more of this story at Slashdot.

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