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BrianFagioli writes: Valve has released Proton 11.0-1, a major update to its Windows compatibility layer for Linux that makes more games playable while fixing a long list of bugs affecting existing titles. The release restores compatibility for many EA games after a recent EA App update, moves classics like Resident Evil (1996), Resident Evil 2 (1998), Dino Crisis, and SHOGUN: Total War from Proton Experimental into the stable release, and adds support for games including Gothic 1 Classic, X-Plane 12, Breath of Fire IV, and Deadly Premonition. Valve also fixed crashes in HELLDIVERS 2, restored No Man's Sky VR support, improved Steam Overlay compatibility with EA games, addressed KDE and GNOME desktop issues, and rebased Proton on Wine 11.0 with updated graphics components. The full list of changes can be found here.

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An anonymous reader quotes a report from the New York Times: An Australian beach community was confused -- and later delighted -- by the discovery of six metallic-looking spheres that washed ashore last week. The mystery, and the ensuing attention, prompted a bunch of alien jokes from local residents and businesses. But Australia's space agency put the speculation to rest on Monday, saying that the spheres appeared to be rocket debris that had recently re-entered the atmosphere from orbit. The objects were found on Forrest Beach in the northeastern state of Queensland over the weekend, the state's fire department said. Residents described them as being about twice the size of a basketball. "The recovered objects appear to be pressure vessels from a space launch vehicle," the Australian Space Agency said in a statement, adding that they were "consistent with debris from a foreign rocket body." The agency said that it had identified the likely source of the objects, without providing further details, and was working with international authorities to confirm the vehicle from which the debris originated.

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New Zealand startup Zenno Astronautics has completed the first orbital test of its "Supertorquer," a shoebox-sized superconducting magnet system that uses solar power and Earth's magnetic field to help control a satellite without fuel. The company says the technology could eventually support fuel-free satellite maneuvers, docking, deep-space trajectory changes, and even magnetic radiation shielding for astronauts. Space Magazine reports: The tests began shortly after Mira's launch in November last year aboard the SpaceX Transporter 12 mission and saw the shoebox-size device perform with flying colors, Zenno Astronautics CEO and founder Max Arshavsky, told Space.com. "It's a technology that allows a spacecraft to not tumble violently in space and point in the right direction," Arshavsky said. "The unit has multiple super-conducting magnets that are positioned in different axes. When we power up the magnets, they generate a magnetic field, which interacts with Earth's magnetic field, and because we can control the magnetic field on the satellite, we can control the way in which it turns with respect to Earth." Superconducting magnets are made of coils of superconducting wire that have zero electrical resistance and can therefore conduct much larger currents than normal wires. That larger current translates into a greater magnetic force. There is, however, a catch: Superconducting materials need to be cooled to extremely low temperatures to gain their wonder properties. [...] The unit housing the superconducting magnets is wrapped in layers of insulation and fitted with a heat pump that removes all the excess heat from the system. Every time the satellite needs a push, the superconducting coils power up, drawing energy from a battery charged by the satellite's solar panels. "It's converting solar energy straight into useful work," Arshavsky said. "Energy is the one thing that is abundant in space, and you can use it to energize the magnet to create a magnetic acceleration device. It gives you acceleration without fuel." In the future, Zenno Astronautics plans to launch larger systems that could enable spacecraft to dock in space or conduct close proximity operations using just the power of their solar-powered superconducting magnets. Arshavsky envisions powerful magnets that could, in the future, propel spacecraft on missions to the moon and Mars using only solar power.

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Japan's Hayabusa2 probe captured rare close-up images of near-Earth asteroid Torifune, revealing a snowman-like shape made of two joined lobes. Phys.org reports: The fridge-sized Hayabusa2 skimmed asteroid Torifune on Sunday in a mission that demonstrated the ability to deflect a potentially dangerous space rock away from Earth. A new image released by the Japan Aerospace Exploration Agency (JAXA) on Monday could aid such efforts, as researchers say near-Earth asteroids vary in their size, shape and surface characteristics. "The moment I actually saw this image and the scientific data -- it really gave me goosebumps," JAXA scientist Yuya Mimasu told reporters, adding the asteroid "personally looked like a snowman." The black-and-white image, captured by a telescopic camera, showed what appeared to be two round objects joined together. "You can actually see the rocks... I really hadn't expected to be able to take a photo like this, so I'm absolutely over the moon," he said. [...] Moving at a speed of more than 18,000 kilometers (11,185 miles) per hour, the probe was due to fly within 800 meters (2,625 feet) of the asteroid, but JAXA said it would analyze the distance later. If confirmed, the mission would be one of the closest flybys of a near-Earth asteroid ever. JAXA also said Monday it succeeded in acquiring data from three other devices that can measure the distance from the asteroid and examine the existence of water.

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An anonymous reader quotes a report from Wired: Meta launched its inaugural AI image model from the Meta Superintelligence Labs on Tuesday, its effort to compete with the likes of OpenAI's GPT Images 2.0 and Google's Nano Banana 2 in the AI image generation race. The new model, called Muse Image, rolled out with deep integrations woven into the Instagram app. As part of this update, public Instagram profiles are now automatically opted into being fodder for generative AI remixes. All someone has to do is tag your account's profile in a prompt -- if it's public -- and they can use Meta AI to generate an image using your likeness. Meta positions this feature as a cheeky way to personalize generations with images of real people. "Whether you want to design a custom event invitation, mock up a collaborative creative concept, or generate a personalized graphic, tagging a username lets Meta AI use public photos to build a visual that's ready to post," reads one of Meta's announcement blogs about the new AI tool. [...] Instagram's help center site includes more details about how this feature will impact users, saying that "people may be able to create content with your Instagram content using AI features at Meta" if you leave your account public and on the default settings. (A previously archived version of this page from 2025 does not include similar, AI-focused language.) Instagram users who want to stop others from using their public posts for AI images (without switching your account to private) must manually disable the options under the app's "Sharing and reuse" settings. However, turning off the setting only blocks future AI generations; any AI images already created from their content will remain. Meta also says users will not be notified when others create AI-generated content using their posts.

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Doom developer id Software is reportedly laying off about half its staff as part of Microsoft's broader Xbox cuts. The reported layoffs potentially affects around 90 employees. Engadget reports: While neither Microsoft nor id Software have formally acknowledged the layoffs, one former member of the studio's staff, Michael Maynard, has echoed the 50 percent figure on LinkedIn. According to at least one of Game Developer's sources, that could translate to around 90 job cuts, though it's so far unclear what departments at id Software have been hit hardest. [...] Bloomberg reported yesterday that as part of the "reset" at Xbox, ZeniMax Media, the parent company of id Software, will be focusing on its biggest franchises -- like The Elder Scrolls, Fallout, Wolfenstein and Doom -- going forward. It's possible that motivated the cuts to id Software, but the developer at least outwardly appears to be already heavily focused on Doom. The studio launched Doom: The Dark Ages in 2025 and an expansion to the game on July 7, 2026. Whatever the reason, the cuts at Xbox aren't over: While Microsoft eliminated 1,600 roles alongside the announcement that Xbox is restructuring, it still plans to lay off another 1,600 employees over the coming months.

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Microsoft will turn on Windows settings backup and restore by default for eligible Windows 11 business devices outside the EU, starting with Windows 11 26H2. The Register reports: Now dubbed "Windows settings backup and restore," the service backs up a device's settings and a list of installed Microsoft Store apps, which can then be restored to a new device. Microsoft gave a use case for the technology: "Imagine a lost laptop, a hardware refresh, or an unexpected reset. These are some of the moments when your users need backup most. And that's rarely when anyone wants to discover that backup was never turned on." However, some organizations might not want it on. Perhaps those with strict privacy or data sovereignty requirements, or those regulated by the EU Digital Markets Act (DMA), for whom the default-on behavior won't apply. Windows 11 25H2 and earlier are also excluded, as is any device with a backup policy that explicitly disables the setting. Everything else running Windows 11 26H1 will get switched on after a feature update, and the same applies to 26H2, currently with Windows Insiders in the Experimental channel. Administrators might reasonably be wary of this being opt-out rather than opt-in. Backups are useful, but Microsoft is clear that this is not a comprehensive backup solution, calling it only "one step in a broader Windows resiliency effort." The implications still need consideration. An opt-out setting that quietly ships settings data off-device is exactly the sort of thing that adds to administrators' workloads rather than lightening them.

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Samsung's chip division is projected to earn more in 2026 than it made across its previous 40 years in semiconductors, driven by soaring AI-fueled demand for memory and storage. The company's latest quarterly operating profit reportedly topped Nvidia's, making Samsung the world's most profitable tech company for the period. Tom's Hardware reports: Brokerage consensus puts Samsung's full-year 2026 operating profit near 300 trillion won ($196 billion), and its second-quarter figure at about 84.6 trillion won ($55.1 billion). Samsung easily beat the consensus with $58.5 billion when it posted preliminary results on July 7, overtaking Nvidia's most recent quarterly operating profit of $53.54 billion and becoming the most profitable technology company in the world for the period, on the back of AI-driven memory demand. Samsung's DS division booked 53.7 trillion won ($35.1 billion) of the company's 57.2 trillion won in total operating profit during the first quarter of 2026, roughly 94% of the total, which is why the division's projection sits so close to Samsung's full-year consensus. "This year's profit will exceed the cumulative profit generated over the past 40 years since we entered the semiconductor business," Kim Yong-Kwan told staff, scoping the claim to the chip business rather than the wider conglomerate. Further reading: Samsung Chip Workers To Get $340,000 Average Bonus In AI Boom

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The FCC plans to roll back broadband label rules that require ISPs to itemize all passthrough fees. Under the proposal, providers could instead list a single "up to" amount for location-based charges. It would also allow ISPs to link to pricing labels rather than display them prominently, while eliminating machine-readable pricing files. Ars Technica reports: ISPs routinely advertise prices much lower than those actually charged to consumers on their monthly bills. One method of raising monthly bill prices above advertised rates is to tack on fees that, ISPs claim, are used to offset charges imposed by local governments. ISPs would be well within their rights to advertise accurate monthly prices and charge those exact prices on monthly bills. But because ISPs rarely do that, the FCC has required them to make specific price disclosures to consumers for the past decade. The Biden-era FCC updated the broadband-label rules to require that ISPs "itemize on the label (PDF) all discretionary monthly fees that the provider passes through to the consumer." The change drew protest from Comcast and other ISPs that complained bitterly about the complexity of listing all the hidden fees they had chosen to charge. Under Chairman Brendan Carr, the Trump FCC has steadily whittled away at requirements imposed under Democrats. An order (PDF) released in draft form last week would eliminate the requirement to itemize passthrough fees and let ISPs list them in a single "up to" amount. The "up to" amount can include both government fees and fees charged by non-government entities such as owners of utility poles. "Rather than continuing to require providers to itemize 'passthrough fees' that can vary by location, we allow providers to display such fees in the aggregate, either as a maximum or 'up to' amount for the total fees applicable in any location where the service plan is offered, or as the exact total of such fees assessed in a particular location," the FCC draft order said. The order to be voted on later this month includes a few other changes that will please ISPs and their lobby groups. ISPs will be allowed to provide links to price labels instead of displaying the full labels prominently on ordering pages and account portals, and will be allowed to stop making the price-label information available in machine-readable spreadsheets. The FCC is also relaxing the requirement that price information be available over the phone. The FCC said the change will "allow phone sales representatives to present label information conversationally, as a summary of key label fields, rather than require verbatim recitation." The changes have been in the works since October 2025, when the FCC issued a Notice of Proposed Rulemaking to let the public submit comments on the proposals. The outcome of that process is the draft order, which will be voted on at the FCC's July 22 meeting and take effect 30 days after it is published in the Federal Register. There are many types of passthrough fees that ISPs will be able to stop listing individually and roll into the "up to" amount. The FCC defined the fees as follows, saying they include just about anything that isn't a tax [...]. Another planned change will eliminate a requirement that providers archive all labels for at least two years after a service plan is no longer available. The Utility Reform Network, an advocacy group, told the FCC that the archived labels provide crucial data about how prices and services change over time, and that machine-readable labels are important for affordability research and information accessibility.

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An anonymous reader quotes a report from Reuters: Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could reduce its reliance on Nvidia and Huawei chips, which it has depended on to train and run its globally popular models. The chip is designed for inference -- the stage of AI computing in which a trained model generates responses for users -- rather than for training new models, the sources said. If successful, DeepSeek's expansion into semiconductor development would mark a major strategic shift for a company widely hailed in China as the country's AI champion, potentially adding to challenges faced by Chinese tech giant Huawei.

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JPMorgan, Bank of America, Wells Fargo, PNC, and other major banks have reportedly explored acquiring Fiserv's debit-card networks, STAR and Accel, in a move that could help them bypass federal caps on debit-card transaction fees. A law limits the fees big banks can charge merchants, but only if the transactions are routed through an outside network. There are no caps on these interchange fees over a bank-owned network, however. The Wall Street Journal reports: When Capital One Financial bought Discover Financial in a $50.6 billion deal, it got a network that cut out the need for a middleman in card transactions and allowed it to deal more directly with merchants. Now, big banks are looking on with envy because owning a network can mean exemption from a federal law that caps debit-card fees. Those fees collectively amount to billions of dollars each year across the industry, but banks have long complained the government-defined cap limits their ability to offer customers debit-card rewards and other services. Some have been exploring a small deal that could upend the rules, though they are worried about political backlash if they try. Big banks including JPMorgan Chase, Bank of America, Wells Fargo and PNC Financial Services Group have in recent months held preliminary and tentative discussions about a deal to acquire a network owned by the financial-technology company Fiserv, according to people familiar with the matter. There is no certainty a deal will happen. Several of the banks that looked at the Fiserv network have already decided it would be unlikely for them to move forward, some of the people said. Some have privately expressed concern that such a deal could prompt backlash from lawmakers, regulators and merchants, the people added.

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A criminal complaint against alleged Scattered Spider member Peter Stokes revealed that Microsoft can associate Windows activity with a persistent "Global Device ID," which investigators used to link his PC to online activity connected to a hack. While unique device IDs are common, the case has raised privacy concerns because the identifier can apparently persist across updates, has no simple opt-out, and may allow Microsoft to connect a Windows installation to activity on third-party services. PCMag reports: Last week, the U.S. announced it had extradited 19-year-old Peter Stokes from Europe for allegedly being a member of the notorious hacking group Scattered Spider. But the case stands out because Microsoft played a key role in linking Stokes to the suspected hacking crimes, according to an unsealed criminal complaint. Stokes allegedly hacked an unnamed luxury jewelry retailer in May 2025 while using a VPN. The 39-page criminal complaint shows the FBI used Microsoft records to discover that his IP address was associated with a Microsoft device identifier known as Global Device ID (GDID). "According to a Microsoft representative, a Global Device Identifier in the Windows ecosystem is a persistent, device-level identifier designed to uniquely identify an installation of a Windows operating system on a device, either a physical device (e.g., a mobile phone or laptop) or virtual machine, across certain Microsoft services and scenarios," the complaint explains. The global device ID isn't exactly surprising, given that it's standard practice to assign a unique ID to each account or device so a tech provider can recognize and distinguish between them. But the complaint reveals Microsoft can associate the GDID with third-party services and the timing as well, giving Redmond a way to theoretically track a user's online activity. In other words, Redmond might be able to track the online activity of your Windows PC without third-party browser cookies. Stokes was discovered exploiting a web development tool called ngrok to bypass the jewelry retailer's network defenses. The complaint says Microsoft had records showing that on May 12, 2025, at 19:21 UTC, the GDID associated with Stokes' computer "accessed, among other ngrok pages, 'https://dashboard[.]ngrok.com/signup,' the ngrok page to set up an ngrok account." The document adds that Microsoft records also showed the GDID accessing "multiple sites" from servers at Tzulo, a web hosting provider, to help pull off the hack. Hence, the fact that federal investigators used the Microsoft identifier to nab a suspected hacker is raising concerns that it could be abused for other surveillance purposes. "Microsoft Windows is surveillance software," cybersecurity expert Matthew Hickey alleged in a tweet.

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An anonymous reader quotes a report from TechCrunch: These may be the last days of Amazon's Mechanical Turk. An announcement on the Mechanical Turk website says that on July 30, 2026, the crowdsourcing service will close to new customers. Amazon Web Services says the decision was made after "careful consideration," adding, "Existing customers can continue to use the service as normal. AWS continues to invest in security and availability improvements for Mechanical Turk, but we do not plan to introduce new features." In other words, Amazon isn't completely pulling the plug, but the service is very much on life support. Further reading: Horror Stories From Inside Amazon's Mechanical Turk (2020)

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A new study suggests multilingualism may slow brain aging, with bilingual people showing brains that appear about six years younger than monolingual speakers and people who speak four languages showing brains that appear up to 13 years younger. Researchers say earlier language learning and higher proficiency appear to strengthen the effect. The Guardian reports: Our brains are made up of billions of nerve cells that communicate with one another. But as we get older, the connectivity in our brains often deteriorates, causing memory and speed of thought to decline. While previous research had observed that people from European countries with greater language proficiency tended to age more slowly, this study measured the impact of speaking languages on individual brains. Scientists in Spain, Chile, Argentina and Dublin compared people living in the Basque region -- characterized by high levels of multilingualism -- who spoke Spanish, Basque, French and/or English. To measure neurological age, the scientists used magnetoencephalography to measure the brain activity of 728 people with varying ages and levels of linguistic ability. They then used AI to process the results to calculate a normal level of brain connectivity at any given age. A second unrelated group of 144 people were then scanned and compared, comprising equal numbers of people speaking one, two, three or four languages. Dr Lucia Amoruso, from the Basque Center on Cognition, Brain and Language in San Sebastian, said: "In simple terms, people who spoke more languages tended to have brains that looked younger than expected for their chronological age. The effect was not only related to the number of languages spoken. Higher language proficiency and earlier acquisition of a second language were also associated with more delayed brain ageing. This suggests that multilingual experience matters as a gradient: it is not simply about being bilingual or not, but about the depth and duration of language experience."

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CISA is reportedly using Anthropic's Mythos model to scan government code repositories for security vulnerabilities, with sources saying the audits have already found numerous bugs. Reuters reports: The scanning is being done by CISA's Attack Surface Evaluation team, according to one of the sources. The team is a group within CISA that conducts digital security assessments and hacking exercises across government. Two of the sources said the audits had already uncovered a large number of vulnerabilities but did not elaborate. Reuters could not establish exactly how much government code the team had gone through or the nature or severity of the bugs it discovered. [...] The National Security Agency, the U.S. government's powerful eavesdropping agency, has been using Mythos as far back as April despite the blacklist, Axios has reported. Late last month, the New York Times said that NSA analysts had been testing Mythos in classified settings and coming away impressed with its capabilities. But when Anthropic rolled out a public version of Mythos called Fable, which included what it described as cybersecurity safeguards, the White House suddenly demanded that it ban foreigners from running it. This triggered a global shutdown of the model that was lifted only last week.

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GitHub is offering a limited run of 1,000 CD-ROM copies of public repositories as a pro-physical-media jab at Sony's plan to stop producing PlayStation game discs in 2028. Tom's Hardware reports: The coding and collaboration platform, owned by Microsoft, states that "In light of recent developments in physical media, GitHub is proud to announce that you can now obtain your public repo on CD-ROM." Moreover, it appeals to the human side of computing, adding the emotive line "Keep it. Lend it to friends. Pass it on to your children." It isn't April 1st, so thankfully this is no joke. However, if you check out the above-linked GitHub Your Code, On a CD offer page, it quickly becomes clear this is a very limited in time/scope stunt. "Order a burned CD of your own public GitHub repo. Yes, a real physical disc you can hold in your hands, no download required," begins the spiel. But this is a very limited run of 1,000 discs, with applications required between July 2 and July 6 (inclusive). Limit one per person, with availability varying between country/region. "Your code is physically yours, forever. Until you lose it, let's be real," says GitHub. At best, these CDs will be framed and put on a wall, some becoming collector's items or eBay money spinners (discs like 0001 or 0888 would be good ones, if they are numbered). Also, many will be lost or eventually/accidentally discarded, as GitHub seems to know. So this 'protest' is arguably 1,000 doses of expensively shipped e-waste.

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An anonymous reader quotes a report from the New York Times: The number of students admitted to Ph.D. programs this fall dropped 15 percent from the previous year, according to data from over 50 top research universities, raising fears that the nation's capacity to produce new science could be diminished. The decline is driven, in part, by a chaotic and unpredictable federal funding environment under the Trump administration, as federal cuts are promised and then reversed, and budgets remain unclear. A reduction in doctoral students could mean fewer scholars at universities to teach and mentor undergraduates. Higher education leaders also worry that, if the declines continue, there will be fewer researchers to power a rapidly evolving scientific work force. The data showing the decrease comes from 55 universities, all of them members of the Association of American Universities, an invitation-only organization that includes 69 of the most prestigious research institutions in the United States. The data collection was conducted by another group, the Association of American Universities Data Exchange. Schools in A.A.U. confer half of the nation's research doctorates, according to the association. "We are at risk of losing a whole generation of new talent because of the reduction in the capacity to support those students," said Toby Smith, a senior vice president at the A.A.U. University leaders and research advocates cite many reasons for the declines in new doctoral students. Key federal agencies, such as the National Institutes of Health and the National Science Foundation, have been funding fewer research grants. The wealthiest institutions also face a new federal tax on their endowments. But the most cited reason in interviews was the unreliable nature of federal funding under the Trump administration. The administration proposed major cuts to federal research agencies last year, but Congress restored the funding. It is again proposing big cuts. While Congress may again reverse the administration's proposed reductions, the uncertainty makes it hard for schools to make multiyear commitments to doctoral students. The administration also abruptly ended thousands of research grants last year, arguing that they did not align with the government's priorities. The administration restored many of the grants after judges deemed the eliminations illegal and arbitrary, but research advocates say the whiplash was damaging.

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locater16 shares a report from IEEE Spectrum: One morning in 2019, Adebayo Alonge was in a Cape Town hotel room, preparing to demonstrate his startup's AI answer to a serious problem in African health care: counterfeit medication, which kills thousands of people across the continent every year. The RxScanner is a handheld spectrometer that scans a pill with infrared light, then sends the item's molecular profile to an AI model equipped with a pharmaceutical database. In seconds, the AI identifies the medication from its molecular profile -- or reports that it's phony. Pharmacies were using the system in more than a dozen countries, including Ghana, Kenya, Myanmar, and Alonge's native Nigeria. But that morning in South Africa, it didn't work. "I was shocked," Alonge says... So Alonge immediately asked his engineers to shrink the AI model down to a smaller, low-power, unconnected version that could run entirely on his Android phone. They produced it 2 hours later, and that saved the demo. More importantly, the work birthed a new version of his device, which can authenticate a pill in places without broadband, computers, or even reliable electricity. It also turned Alonge into an advocate for this kind of "small AI." "The article goes on to detail other immediately useful 'small' AI applications without any subscription or billion dollar data centers needed," writes locator16. For example, Bala Murugan and colleagues at Vellore Institute of Technology in India developed a drone-based system that photographs cashew plants and identifies disease-indicating splotches on the plants. The key advantage is that all processing happens on the drone itself, so farmers do not need a computer, broadband connection, or cloud server access. In a Uruguayan vineyard, researchers developed small-AI systems to identify ant infestations. The article doesn't go deep into the deployment details, but it presents this as another example of a narrow, localized model trained to recognize a specific agricultural threat. Small AI has also been used to detect the presence of malaria-carrying mosquitoes in multiple countries. This is especially useful in regions where public-health teams may lack reliable network access or expensive lab infrastructure, but still need fast, local detection. In parts of Brazil without access to more complex medical equipment, researchers have used small AI to run electrocardiograms from an Arduino device. The article also describes Marcelo Jose Rovai's work on a TinyML model that generates electrocardiograms in a patient simulator lab. Rovai also describes a newer experiment using an Arduino UNO Q with a Qualcomm chipset. The device runs a language model locally, collects sensor data, and analyzes it to detect tiny pools of water where mosquitoes might breed -- while using only about 3 watts of power.

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The Supreme Court allowed Texas to enforce a law requiring app stores to verify users' ages and obtain parental consent before minors can download apps. Tech industry groups argue the law broadly restricts young people's access to digital speech, but the court let a 5th Circuit order stand without explanation or noted dissents. CNN notes that the Supreme Court's decision "doesn't resolve the case but rather will allow Texas to enforce the law while the litigation continues to play out." From the report: "A minor child who downloads a software application from an app store agrees to contractual terms of service, including whether the child's location will be tracked, whether the child's privacy will be protected, whether information from the child's phone can be sold by the developer, and whether the child waives the right to sue," Texas told the Supreme Court in urging the court to allow its law to take effect. But the Computer & Communications Industry Association, a trade group whose members include Apple and Google, said the law would effectively bar young people from accessing a wide range of content, "be it a book by Ernest Hemingway or J.K. Rowling, a Taylor Swift album, or a subscription to National Geographic." Allowing the law to take effect, the group said, would have "profound consequences for the protection of digital speech." [...] In the new case, involving Texas' age verification for apps, a federal district court blocked the law's enforcement in December -- days before it was set to take effect. But a three-judge panel of the conservative 5th US Circuit Court of Appeals put that decision on hold in early June, allowing the state to enforce it. By declining to take up the emergency appeal from the computer and student groups, the Supreme Court has left the 5th Circuit's decision in place.

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SK Hynix is launching a Nasdaq listing expected to raise about $28 billion, giving US investors easier access to one of the biggest beneficiaries of the AI memory-chip boom. Reuters reports: The company will sell 17.79 million new shares in the depository receipt listing on the Nasdaq. Ten ADRs will represent one common share and the stock will be sold in a price range that is due to be revealed on Monday, based on SK Hynix's Seoul trading price. SK Hynix's share price was down 4% at 2,327,000 won each on Monday, but the stock is up about 273% this year, as it rides surging global investor demand for AI stocks. Korea's KOSPI was down 2.2% on Monday. [...] SK Hynix has been among the world's largest beneficiaries of the AI boom as it outperformed its major rivals Samsung and Micron. "This is more than a liquidity event," said Dave Mazza, the chief executive officer of Roundhill Investments in New York, which manages an exchange-traded fund tracking DRAM manufacturers, which is one of the most popular ways for U.S. investors to trade SK Hynix's stock. "SK Hynix has been one of the most important companies in the world that most U.S. institutions could not easily own." "The listing removes an accessibility discount, not a quality discount." [...] SK Hynix said the proceeds from the listing of the American Depositary Receipts will be used to build chip factories in South Korea and buy chipmaking equipment including an extreme ultraviolet scanner made by Dutch equipment maker ASML. The final price of the New York listing is due to be set on Thursday, ahead of the stock starting trade on Friday, regulatory filings showed. The company's management will meet global investors on a roadshow this week. The deal is expected to be the second-biggest share sale after a record $85.7 billion initial public offering by SpaceX last month, surpassing Saudi Aramco's $25.6 billion IPO in 2019 and Alibaba's similar-sized offering in 2014.

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