The House Foreign Affairs Committee on Wednesday voted overwhelmingly to advance a bill that would make it easier for the Biden administration to restrict the export of AI systems, citing concerns China could exploit them to bolster its military capabilities. From a report: The bill, sponsored by House Republicans Michael McCaul and John Molenaar and Democrats Raja Krishnamoorthi and Susan Wild, also would give the Commerce Department express authority to bar Americans from working with foreigners to develop AI systems that pose risks to U.S. national security. Without this legislation "our top AI companies could inadvertently fuel China's technological ascent, empowering their military and malign ambitions," McCaul, who chairs the committee, warned on Wednesday.

"As the (Chinese Communist Party) looks to expand their technological advancements to enhance their surveillance state and war machine, it is critical we protect our sensitive technology from falling into their hands," McCaul added. The Chinese Embassy in Washington did not immediately respond to a request for comment. The bill is the latest sign Washington is gearing up to beat back China's AI ambitions over fears Beijing could harness the technology to meddle in other countries' elections, create bioweapons or launch cyberattacks.

The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry have the same federal protections as users of credit cards. From a report: The agency unveiled what it called an "interpretive rule" that deemed BNPL lenders essentially the same as traditional credit card providers under the decades-old Truth in Lending Act. That means the industry -- currently dominated by fintech firms like Affirm, Klarna and PayPal -- must make refunds for returned products or canceled services, must investigate merchant disputes and pause payments during those probes, and must provide bills with fee disclosures.

"Regardless of whether a shopper swipes a credit card or uses Buy Now, Pay Later, they are entitled to important consumer protections under long-standing laws and regulations already on the books," CFPB Director Rohit Chopra said in a release. The CFPB, which last week was handed a crucial victory by the Supreme Court, has pushed hard against the U.S. financial industry, issuing rules that slashed credit card late fees and overdraft penalties. The agency, formed in the aftermath of the 2008 financial crisis, began investigating the BNPL industry in late 2021.

The seemingly "never-ending" rain last autumn and winter in the UK and Ireland was made 10 times more likely and 20% wetter by human-caused global heating, a study has found. From a report: More than a dozen storms battered the region in quick succession between October and March, which was the second-wettest such period in nearly two centuries of records. The downpour led to severe floods, at least 20 deaths, severe damage to homes and infrastructure, power blackouts, travel cancellations, and heavy losses of crops and livestock.

The level of rain caused by the storms would have occurred just once in 50 years without the climate crisis, but is now expected every five years owing to 1.2C of global heating reached in recent years. If fossil fuel burning is not rapidly cut and the global temperature reaches 2C in the next decade or two, such severe wet weather would occur every three years on average, the analysis showed. [...] The analysis, conducted by climate scientists working as part of the World Weather Attribution group, compared how likely and how intense the wet winter was in today's heated world with how likely it would have been in a world without high levels of carbon emissions. Warmer air can hold more water vapour and therefore produce more rain. Hundreds of "attribution studies" have shown how global heating is already supercharging extreme weather such as heatwaves, wildfires, droughts and storms across the world.

The United States has assessed that Russia launched what is likely a counter space weapon last week that's now in the same orbit as a U.S. government satellite, Pentagon spokesman Maj. Gen. Pat Ryder confirmed Tuesday. From a report: "What I'm tracking here is on May 16, as you highlighted, Russia launched a satellite into low Earth orbit that we that we assess is likely a counter space weapon presumably capable of attacking other satellites in low Earth orbit," Ryder said when questioned by ABC News about the information, which was made public earlier Tuesday by Robert Wood, deputy U.S. ambassador to the United Nations.

"Russia deployed this new counter space weapon into the same orbit as a U.S. government satellite," Ryder continued. "And so assessments further indicate characteristics resembling previously deployed counter space payloads from 2019 and 2022." Ryder added: "Obviously, that's something that we'll continue to monitor. Certainly, we would say that we have a responsibility to be ready to protect and defend the space domain and ensure continuous and uninterrupted support to the joint and combined force. And we'll continue to balance the need to protect our interests in space with our desire to preserve a stable and sustainable space environment." When asked if the Russian counter space weapon posed a threat to the U.S. satellite, Ryder responded: "Well, it's a counter space weapon in the same orbit as a U.S. government satellite."

The U.S. securities regulator on Wednesday urged U.S. lawmakers not to adopt a bill that aims to create a new legal framework for digital currencies, saying it would undermine existing legal precedent and put capital markets at "immeasurable risk." From a report: The U.S. House of Representatives is expected later on Wednesday to take up the Republican-sponsored Financial Innovation and Technology for the 21st Century Act, which would in part determine which agencies have jurisdiction over which digital assets. The bill's supporters in Congress say it will provide regulatory clarity, helping promote the industry's growth.

The legislation faces an uncertain fate in the U.S. Senate but comes as the U.S. Securities and Exchange Commission (SEC) signals that it will likely approve applications for spot ether exchange-trade funds in a surprising boost to the industry. But SEC Chair Gary Gensler said in a statement that the bill "would create new regulatory gaps and undermine decades of precedent regarding the oversight of investment contracts, putting investors and capital markets at immeasurable risk."

An anonymous reader quotes a report from Electrek: In a major clean energy benchmark, wind, solar, and hydro exceeded 100% of demand on California's main grid for 69 of the past 75 days. Stanford University professor of civil and environmental engineering Mark Z. Jacobson continues to track California's renewables performance – and it's still exciting. In an update today on Twitter (X), Jacobson reports that California has now exceeded 100% of energy demand with renewables over a record 45 days straight, and 69 out of 75. [...]

Jacobson predicted on April 4 that California will entirely be on renewables and battery storage 24/7 by 2035. California passed a law that commits to achieving 100% net zero electricity by 2045. Will it beat that goal by a decade? We hope so. It's going to be exciting to watch. Further reading: California Exceeds 100% of Energy Demand With Renewables Over a Record 30 Days

Apple said on Tuesday it plans to ask a U.S. judge to dismiss a lawsuit filed by the Justice Department and 15 states in March that alleged the iPhone maker monopolized the smartphone market, hurt smaller rivals and drove up prices. From a report: In a letter to U.S. District Judge Julien X. Neals in New Jersey, Apple said "far from being a monopolist, Apple faces fierce competition from well-established rivals, and the complaint fails to allege that Apple has the ability to charge supra-competitive prices or restrict output in the alleged smartphone markets." In the letter to the judge, Apple said the DOJ relies on a new "theory of antitrust liability that no court has recognized."

The government is expected to respond within seven days to the Apple letter, which the court requires parties to submit, hoping to expedite cases before advancing to a potentially more robust and expensive effort to dismiss a lawsuit. The Justice Department alleges that Apple uses its market power to get more money from consumers, developers, content creators, artists, publishers, small businesses and merchants. The civil lawsuit accuses Apple of an illegal monopoly on smartphones maintained by imposing contractual restrictions on, and withholding critical access from, developers.

Companies working with the US government may be required to start protecting their data and technology from attacks by quantum computers as soon as July. From a report: The National Institute for Standards and Technology, part of the Department of Commerce, will in July stipulate three types of encryption algorithms the agency deems sufficient for protecting data from quantum computers, setting an internationally-recognized standard aimed at helping organizations manage evolving cybersecurity threats. The rollout of the standards will kick off "the transition to the next generation of cryptography," White House deputy national security adviser Anne Neuberger told Bloomberg in Cambridge, England on Tuesday. Breaking encryption not only threatens "national security secrets" but also the the way we secure the internet, online payments and bank transactions, she added.

Neuberger was speaking at an event organized by the University of Cambridge and Vanderbilt University, hosting academics, industry professionals and government officials to discuss the threats posed to cybersecurity by quantum computing, which vastly accelerates processing power by performing calculations in parallel rather than sequentially and will make existing encryption systems obsolete.

Major oil companies have in recent years made splashy climate pledges to cut their greenhouse gas emissions and take on the climate crisis, but a new report suggests those plans do not stand up to scrutiny. From a report: The research and advocacy group Oil Change International examined climate plans from the eight largest US- and European-based international oil and gas producers -- BP, Chevron, ConocoPhillips, Eni, Equinor, ExxonMobil, Shell and TotalEnergies -- and found none were compatible with limiting global warming to 1.5C above pre-industrial levels -- a threshold scientists have long warned could have dire consequences if breached.

"There is no evidence that big oil and gas companies are acting seriously to be part of the energy transition," David Tong, global industry campaign manager at Oil Change International, who co-authored the analysis, said in a statement. The report's authors used 10 criteria and ranked each aspect of each companyâ(TM)s plan on a spectrum from "fully aligned" to "grossly insufficient" and found all eight companies ranked "grossly insufficient" or "insufficient" on nearly all criteria. The US firms Chevron, ConocoPhillips and ExxonMobil each ranked "grossly insufficient" on all 10 criteria. "American fossil-fuel corporations are the worst of the worst," Allie Rosenbluth, US program manager at Oil Change International, said in a statement.

Microsoft is partnering with tutoring organization Khan Academy to provide a generative AI assistant to all teachers in the U.S. for free. From a report: Khanmigo for Teachers, which helps teachers prepare lessons for class, is free to all educators in the U.S. as of Tuesday. The program can help create lessons, analyze student performance, plan assignments, and provide teachers with opportunities to enhance their own learning.

"Unlike most things in technology and education in the past where this is a 'nice-to-have,' this is a 'must-have' for a lot of teachers," Sal Khan, founder and CEO of Khan Academy, said in a CNBC "Squawk Box" interview last Friday ahead of the deal. Khan Academy has roughly 170 million registered users in over 50 languages around the world, and while its videos are best known, its interactive exercise platform was one which Microsoft-funded artificial intelligence company OpenAI's top executives, Sam Altman and Greg Brockman, zeroed in on early when they were looking for a partner to pilot GPT with that offered socially positive use cases.

The U.S. Environmental Protection Agency on Monday urged water utilities to take action to improve their digital defenses, following a spate of recent cyberattacks. From a report: The agency's "enforcement alert" said that recent inspections of water systems found that more than 70 percent fail to meet basic cybersecurity standards, including some with "critical" vulnerabilities, such as relying on default passwords that haven't been updated and single logins that "can easily be compromised." The notice comes after a Russian hacktivist group claimed credit for digital assaults on water sites in Texas and Indiana. Late last year, Iran-linked Cyber Av3ngers group took responsibility for striking a water authority in Pennsylvania.

Recent research led by the University of California, Irvine has discovered warm, high-pressure seawater causing significant melting under the Thwaites Glacier in Antarctica. "There are places where the water is almost at the pressure of the overlying ice, so just a little more pressure is needed to push up the ice," said lead author Eric Rignot, UC Irvine professor of Earth system science. "The water is then squeezed enough to jack up a column of more than half a mile of ice." Interesting Engineering reports: A team of glaciologists led by researchers at the University of California, Irvine employed high-resolution satellite radar data to uncover evidence of the warm, high-pressure seawater intrusion beneath the glacier. A statement by the scientists noted that the widespread contact between ocean water and the glacier -- a process replicated throughout Antarctica and in Greenland -- causes "vigorous melting" and may require a reassessment of global sea level rise projections.

In a bid to comprehend the impact of ocean-water interaction on glacial melting, glaciologists examined data collected between March 2023 and June 2023 sourced from Finland's ICEYE commercial satellite mission. These satellites represent a collection that resembles constellations in polar orbit around the planet. They employ InSAR -- interferometric synthetic aperture radar -- to continuously track changes on the Earth's surface. "When we have a continuous time series and compare that with the tidal cycle, we see the seawater coming in at high tide and receding and sometimes going farther up underneath the glacier and getting trapped," said Rignot. "Thanks to ICEYE, we're beginning to witness this tidal dynamic for the first time."

He explained that seawater entering the base of the ice sheet, along with freshwater from geothermal heat and friction, accumulates and needs to flow. This water moves through natural channels or pools in cavities, creating pressure that lifts the ice sheet. Co-author Christine Dow, professor in the Faculty of Environment at the University of Waterloo in Ontario, Canada alluding to the glacier in question said that the Thwaites is the most unstable place in the Antarctic and contains the equivalent of 60 centimeters of sea level rise. The worry is that we are underestimating the speed at which the glacier is changing, which would be devastating for coastal communities around the world. "At the moment we don't have enough information to say one way or the other how much time there is before the oceanwater intrusion is irreversible, says Dow. The study was published in the journal Proceedings of the National Academy of Sciences.

With JPMorgan and Mastercard piloting biometric payment options, a future where consumers can pay with their face is rapidly approaching. "Our focus on biometrics as a secure way to verify identity, replacing the password with the person, is at the heart of our efforts in this area," said Dennis Gamiello, executive vice president of identity products and innovation at Mastercard. Based on the positive feedback received thus far, Gamiello says the biometric checkout technology will roll out to more new markets later this year. CNBC reports: Biometric payment options are becoming more common. Amazon introduced pay-by-palm technology in 2020, and while its cashier-less store experiment has faltered, it installed the tech in 500 of its Whole Foods stores last year. Mastercard, which is working with PopID, launched a pilot for face-based payments in Brazil back in 2022, and it was deemed a success -- 76% of pilot participants said they would recommend the technology to a friend. Late last year, Mastercard said it was teaming with NEC to bring its Biometric Checkout Program to the Asia-Pacific region.

A deal that PopID recently signed with JPMorgan is a sign of things to come in the U.S., said John Miller, PopID CEO, and what he thinks will be a "breakthrough" year for pay-by-face technology. The consumer case is tied to the growing importance of loyalty programs. Most quick-service restaurants require consumers to provide their loyalty information to earn rewards -- which means pulling out a phone, opening an app, finding the link to the loyalty QR code, and then presenting the QR code to the cashier or reader. For payment, consumers are typically choosing between pulling out their wallet, selecting a credit card, and then dipping or tapping the card or pulling out their phone, opening it with Face ID, and then presenting it to the reader. Miller says PopID simplifies this process by requiring just tapping an on-screen button, and then looking briefly at a camera for both loyalty check-in and payment.

"We believe our partnership with JPMorgan is a watershed moment for biometric payments as it represents the first time a leading merchant acquirer has agreed to push biometric payments to its merchant customers," Miller said. "JPMorgan brings the kind of credibility and assurance that both merchants and consumers need to adopt biometric payments." Juniper Research forecasts over 100% market growth for global biometric payments between 2024 and 2028, and by 2025, $3 trillion in mobile, biometric-secured payments. Sheldon Jacobson, a professor in computer science at the University of Illinois, Urbana-Champaign, said he sees biometric identification as part of a technology continuum that has evolved from payment with a credit card to smartphones. "The next natural step is to simply use facial recognition," he said.

An anonymous reader shares a report: Hims & Hers Health, one of the online pharmacies that got its start prescribing dick pills, is now offering knockoff versions of GLP-1 weight loss drugs. Hims & Hers says it will offer drugs that mimic Ozempic and Wegovy, the active ingredient of which is semaglutide. The copycat versions are made by compounding pharmacies. The formulations aren't the same as the FDA-approved versions of the drug and haven't been directly evaluated by the FDA, either. But they're cheaper than the real thing: $199 a month, compared to the branded version, which can cost more than $1,000 a month without insurance.

Compounding pharmacies can make knockoff versions of branded drugs when they are in shortage, as the GLP-1 drugs -- prescribed for diabetes and weight loss -- currently are. The FDA has already received reports of adverse events for compounded versions of semaglutide. Hims & Hers says it "conducted extensive research for over a year" into finding a supplier, but does not name the one it chose to partner with. "Over the last year, we have grown in our conviction -- based on our medical experts' evaluation and the strength of our infrastructure -- that if done properly, compounded GLP-1s are safe and effective," the company said in its statement.

Julian Assange has won a victory in his ongoing battle against extradition from the UK after judges at the high court in London granted him leave to appeal. From a report: Two judges deferred a decision in March on whether Assange, who is trying to avoid being prosecuted in the US on espionage charges relating to the publication of thousands of classified and diplomatic documents, could take his case to another appeal hearing. Assange had been granted permission to appeal only if the Biden administration was unable to provide the court with suitable assurances "that the applicant [Assange] is permitted to rely on the first amendment, that the applicant is not prejudiced at trial, including sentence, by reason of his nationality, that he is afforded the same first amendment [free speech] protections as a United States citizen, and that the death penalty is not imposed."

Legal argument on Monday focused on the issue of whether Assange would be allowed first amendment protections. Assange's team did not contest the assurance around the death penalty, accepting that it was an "unambiguous executive promise." Assange has been indicted on 17 espionage charges and one charge of computer misuse, exposing him to a maximum 175 years in prison, over his website's publication of a trove of classified US documents almost 15 years ago.