The Justice Department has charged five people in a crackdown on "ghost student" fraud, in which scammers allegedly use stolen identities and AI to enroll fake students in colleges, complete coursework, and collect federal student loan funds. Ars Technica reports: In a press release Thursday, the Department of Justice said it had uncovered a large-scale scheme relying partly on AI. The DOJ seized more than $750,000 in cryptocurrency from "a network associated with Kenyan nationals" after data analysis helped flag likely fraudsters. Assistant Attorney General Colin M. McDonald of the DOJ's National Fraud Enforcement Division credited new fraud-detection measures implemented by the Trump administration for the arrests. He said that "this is the first international seizure of its kind in Kenya," while warning fraudsters that the crackdown has only just begun.

[...] At a press conference, McDonald was joined by FBI and Department of Education officials to explain how the scheme works. It starts with bad actors purchasing personally identifiable information (PII) of Americans -- most frequently targeting high school graduates who never attended college and went straight into the workforce. Once they have that sensitive data, they fill out the Free Application for Federal Student Aid (FAFSA) while seeking to enroll in universities and community colleges. If accepted, student aid is distributed first to schools to cover tuition and fees, but any leftover money is deposited into bank accounts controlled by the fraudsters. Dozens of Americans have opened bank accounts to act as money mules for fraudsters, the DOJ said.

To keep money flowing, bad actors use AI to fill out applications, complete coursework, and even make it appear that a student is attending virtual sessions. "It looks like the ghost student is actually completing the class," McDonald said at the press conference. "Some even create the appearance of a fake student in an online classroom to trick schools into believing a real person is present. The goal is to keep the ghost student in school for as long as possible, semester after semester after semester." So far, the DOE has "identified over 830,000 potentially fraudulent federal student aid accounts created by using this PII of US citizens," officials said at the press conference. If all those accounts are ghost students, total losses come close to $130 million, the DOJ said.

U.S. technology stocks plunged for a second consecutive day on Friday as investors grew increasingly concerned about the enormous cost of artificial intelligence development and whether those investments will pay off. The Nasdaq fell more than 3.5%, while Intel shares dropped as much as 30%, Reddit fell 26%, and Alphabet extended its losses after shedding more than $500 billion in market value Thursday. The BBC notes that Meta, Alphabet, Oracle, Amazon, and Microsoft have collectively committed to spending $800.6 billion on AI in 2026. From the report: Chris Low, from investment management firm FHN Financial, said the bulk of what was happening in the stock market was in reaction to some of the biggest tech players such as Amazon and Google. He told Reuters the companies were "showing some pretty significant growing pains as they aggressively pursue the AI build-out." "The thinking is that these signs suggest that the entire sector is going to slow down."

Kathleen Brookes, research director at trading firm XTB, said there have been many ups and downs in AI trade in recent months. "Investors have turned ruthless, punishing any signs of disappointment in [third quarter] earnings," she said. "The AI trade has had a good run in recent years, but now investors want payback, and companies like Alphabet and Intel are in the crosshairs." [...] Brookes noted that November is typically a strong month for stocks. "If we see AI stocks continue to struggle in the coming days, it could suggest the AI trade is past its peak, and investors will be looking for a new theme to drive markets," she said.

Under the UK's planned social media ban, more than 100,000 British teenagers aged 16 and 17 could initially be locked out of social media because they lack a passport or driving license that may be needed as a fallback for age verification. The Guardian reports: Ofcom, the UK's online watchdog, said about 150,000 16- to 17-year-olds do not own a passport or driving licence, which are likely to be needed to access age-restricted platforms. The Australia-style ban on under-16s accessing social media services, including Instagram, TikTok and YouTube, is due to come into force next spring. The head of Ofcom, Melanie Dawes, said "motivated children" would seek to bypass the restrictions, as has happened in Australia.

On Thursday, Ofcom published an assessment of age verification measures that could underpin the ban, outlining four "highly effective" methods: checking a person's official ID against a live selfie, a bank verifying an account holder's age, an official digital ID service like the Young Scot card, or estimating someone's age via a selfie. However, the watchdog said a form of official ID would probably be needed as a "backstop" for other methods, such as facial age estimation, which could be inaccurate by several years. Ofcom said a cohort of 16- to 17-year-olds could miss out as a result. "This means that people without a form of photo ID will likely need to take steps to obtain one to access age-restricted services," the regulator said. The report notes that more than nine out of 10 Britons over 16 have passports or driving licenses.

"We should expect that motivated children will seek to bypass the restrictions -- just like alcohol laws can't completely eradicate underage drinking -- but there'll be ways for platforms to mitigate this risk," said Dawes. "This will be a huge cultural shift for our society, so it'll take time to adjust, and everyone will have a part to play."

An anonymous reader quotes an excerpt from a Wired article that explores the often-contentious process of nominating pages for deletion when their subjects fail to meet the encyclopedia's notability standards: What do you need to know -- need to know -- about Xavier Trudeau? The eldest son of former Canadian prime minister Justin, the teenage Trudeau has recently begun performing R&B under the mononym Xav. But, with all due respect to Xav, do those facts make him a person of note? Should you expect to be able to read about him on Wikipedia? What about Evanescence guitarist Tim McCord, or 2012 Yachtmaster of the Year Rainer Holtorff? All three have had a biography on Wikipedia; all three of those biographies were considered for deletion this year on the grounds that the subjects were not notable enough to warrant a biography at all. Every day, dozens, sometimes hundreds, of Wikipedia biographies -- of child actors turned LA realtors, retired ambassadors, soccer players who have played less than 10 minutes of professional soccer -- are purged from the world's free encyclopedia.

It's not as though Wikipedia, which hosts over 7 million articles in the English language, doesn't have the space. But Wikipedia has only so many volunteers to monitor its contents. To this day, Wikipedia editors are discovering hoaxes that have gone undetected for decades. The time it takes to verify the release dates of Xav's three singles is better spent -- the logic goes -- by asking whether the American Civil War officer Nathaniel Lyon really drank mustard during battle, as was claimed in his Wikipedia biography for 17 years. Wikipedia removed the mustard claim, not because it was proven wrong, but because there was no reliable evidence for it. "We're not really looking for what's true," Britta Gustafson, who has been editing Wikipedia since 2001, told me. "We're looking for what's verifiable." Wikipedia editors do not themselves decide that a person is not notable, only that there is a lack of reliable evidence to support the claim...

An anonymous reader quotes a report from Wired: Trading has resumed on Polymarket's flagship international platform after a hack that drained money from the wallets of some traders. A third-party vendor based in the United Kingdom was breached, not the prediction market's website itself. Law enforcement in the UK have been notified of the incident, the company said. Trading was initially paused while the company investigated for several hours.

On X, prominent traders complained that they had lost money; Blockchain analytics firm Bubblemaps reported that around 700 users appear affected, with approximately $2.7 million stolen. Polymarket declined to comment when WIRED asked how many traders were impacted by the breach and how much money was lost, but said it will refund impacted traders.

The hack did not impact users on Polymarket US, the company's newer platform for people within the United States. Polymarket runs two separate prediction markets; Polymarket US operates as a federally regulated financial exchange within the country, while the flagship Polymarket is a cryptocurrency-based platform that is banned in the United States and a number of other countries. This is not the first time that Polymarket traders have experienced losses like this. "A nearly identical vendor-compromise attack hit the platform in June, draining close to $3 million from at least 11 user wallets through the same kind of injected frontend script," reports StartupFortune.

Hours before Polymarket halted trading, more than $2 billion in cryptocurrency was drained from Binance wallets in just 40 minutes.

Yesterday, Google reported its Q3 results that showed searches made through its AI Mode generate less revenue than traditional search, even as overall search revenue grew 12% year over year to $63.25 billion. The news sent Alphabet shares plunging, with Bespoke Investment Group reporting that the stock is on track for its steepest post-earnings decline since the company went public in 2004. Yahoo Finance reports: At its low, Alphabet had lost $524 billion in stock market value, the second-biggest one-day loss ever for a US-listed company. Only Nvidia has lost more, about $593 billion on Jan. 27, 2025, the day China's DeepSeek rattled AI investors. Alphabet would need to close at about $274.75, down roughly 15%, to take Nvidia's record, by Yahoo Finance calculations. It has already blown past the $400 billion SpaceX lost on June 22, the previous No. 2.

In dollars, it's Alphabet's worst day by far. Its previous worst was about $275 billion on July 23. It's also on track for the stock's steepest drop after an earnings report since the company went public, according to Bespoke Investment Group. The previous low was a slide of nearly 10% in July 2008.

[...] US-listed stocks have shed $200 billion or more in a single session 18 times this year through Wednesday. That's up from 13 in all of 2025 and none before 2022, according to Yahoo Finance calculations from Bloomberg data. Alphabet alone has lost about $1.4 trillion since its record in May.

Canada is joining the European Union's supercomputing network to give Canadian companies, startups, and researchers access to European computing resources for AI development. The partnership aims to strengthen AI cooperation and reduce dependence on US technology. Politico reports: The EU's supercomputing network is run by the EuroHPC Joint Undertaking, an EU public-private vehicle with an 8.2 billion-euro budget. The network consists of 14 supercomputers (some ranked in the global top 10), 19 AI-focused AI factories and 10 quantum computers. The vehicle will also run seven massive AI data center hubs, known as AI gigafactories, set to be built next year with a total investment cost of 30 billion euros.

Experts praised a possible EU-Canadian compute power team-up, but warned it's only the start. "Compute cooperation is one of the most obvious short-term 'middle power' cooperation plays in AI," said Anton Leicht, technology and international affairs fellow at Carnegie Endowment for International Peace. But he added that for now "it doesn't put a dent into the actual dependence" on the U.S. "As long as the U.S. builds gigawatt-scale clusters, no amount of cooperation that doesn't result in massive buildouts will help," he said.

Canada's engagement in the EU's supercomputer network builds further on Canada's previous partial involvement in the EU's flagship research and development program, Horizon Europe. Horizon Europe partially funds EuroHPC. To date, 38 countries have participated in the EU's supercomputing network: 27 EU member countries plus non-EU countries including Norway, Switzerland, the United Kingdom, Israel and Turkey.

"EMACS, the mother of all editors, turns 50!" writes Slashdot reader dr_jerry, sharing a report from MIT Technology Review: Programming used to be a very different experience from the one we know today. In fact, the first programmers didn't write code at all; the six women who worked on the ENIAC, one of the world's first computers, at the University of Pennsylvania in 1946 did it by physically configuring switches, cables, and plugboards.

A few years later, MIT engineers programmed the Whirlwind by punching code onto paper tape that was then loaded into the computer's memory -- making it among the first "stored-program" machines. Later, they and others moved on to punch cards, one for each line of code.

By the early 1960s, programmers with interactive computers could use a "line editor" to type their code on teletypes -- large, noisy keyboard-and-printer machines. They'd type one line of code at a time, and their work would be saved on a spinning hard disk the size of a modern washing machine. But there was still no such thing as the now-familiar full-screen text editors that allow programmers to see and modify many lines at a time on a display.

One of the first such tools, EMACS, turns 50 this year, and it is still widely used. EMACS first ran on the early video terminals at the MIT Artificial Intelligence Laboratory in 1976, but its core concepts were so powerful that it was rewritten for many operating systems in the decades that followed. Apple even distributed it with Mac OS X. Beyond that, the software-sharing community that started around EMACS helped give rise to the modern-day free software movement and the GNU/Linux operating system.

An anonymous reader quotes a report from CBS News: Greenhouse gas concentrations in the atmosphere rose to record highs in 2025, locking in climate impacts that will persist for centuries, the United Nations said on Tuesday. Levels of the three main greenhouse gases -- the climate-warming carbon dioxide, methane and nitrous oxide -- all rose to unprecedented figures in 2025, the U.N.'s weather and climate agency said. The World Meteorological Organization said the rise would lead to more long-term temperature increases for the planet.

The bulletin looks at greenhouse gas concentrations -- the amount of those gases in the atmosphere -- rather than new annual emissions amounts as the world burns more coal, oil and gas. In 2025, carbon dioxide concentrations were at 426.8 parts per million (ppm); methane at 1,948 parts per billion, and nitrous oxide at 339.1 parts per billion. That takes them, respectively, to 153%, 267% and 126% of the pre-industrial levels witnessed before 1750. Of the three major greenhouse gases, CO2 accounts for about 66% of the warming effect on the climate.

Around half of the total CO2 emitted each year remains in the atmosphere; the rest is absorbed by the land and oceans. From 2024 to 2025, the global average concentration of CO2 rose by 2.8 ppm -- smaller than the record surge from 2023 to 2024 of 3.6 ppm. WMO senior scientific officer Oksana Tarasova said this reflected the "recovery of the land carbon sinks and reduced fire carbon emissions in 2025 after the strong 2023/2024 El Nino," the naturally occurring, climate-warming weather phenomenon. "However, a 2.8 ppm annual increase is still a substantial addition of carbon to the atmosphere from fossil fuel burning." It is also above the average growth rate for the past decade of 2.6 ppm -- a figure that stood at 0.8 ppm in the 1960s. "Another year, another new record," said WMO Deputy Secretary-General Ko Barrett. "Greenhouse gases are trapping an unprecedented amount of heat in the atmosphere, providing energy for more extreme weather and associated risks to our economies and societies.

Further reading: UN Says Breaching 1.5C Warming Limit Is 'Imminent and Unavoidable'

Intel, Oracle, IBM and IonQ have joined a growing list of companies objecting to having tokenized versions of their shares traded through OKX and Intercontinental Exchange's blockchain venture, bringing the total number of objections to 26. About 37% of the companies on OKXICE's original list have now opted out, according to CoinDesk. From the report: The four companies were named in an updated public notice (PDF) dated Monday, Oct. 26, from OKXICE, the two firms' joint venture. They join earlier objectors including Microsoft, Alphabet, Goldman Sachs, Cisco and Wells Fargo. The growing list underscores a hurdle for OKXICE and the SEC's new framework for tokenized stock trading: building a market that issuers are willing to join. The agency's five-year "Innovation Exemption" gives qualifying venues room to test round-the-clock blockchain-based trading of stocks, and it also gives public companies an option to block their shares from being offered.

OKXICE issued its initial public notice on Oct. 4, outlining plans to use Uniswap v4 liquidity pools on OKX's XLayer blockchain, with transactions settled in stablecoins. The venue would use automated market makers -- software that executes trades through pools of assets rather than matching buyers and sellers through a conventional order book. Under the framework, venues must notify issuers and give them 30 days to object before offering tokenized versions of their shares.

Longtime Slashdot reader fadethepolice writes: Anduril, arguing that its manufacturing capabilities are directly applicable to laptop manufacturing, is starting a project for a fully 100% U.S.-sourced laptop. The computer will use a Qualcomm Snapdragon SoC. I did not see any information about the OS, but I'm assuming that, given the type of processor, this will be Linux-based? "Other companies might design their computers in the U.S., Anduril makes them here,â the Anduril founder Palmer Luckey said in a YouTube video. "We're making parts out of metals that the U.S. knows how to extract, knows how to refine, knows how to process, and knows how to mill at scale at a reasonable price; and that goes for the entire laptop. The same thing goes for the battery technology."

The project, called BlueChip, "will take a phased approach, beginning with expanding domestic sourcing and manufacturing, progressing toward eliminating reliance on foreign suppliers, and ultimately establishing an end-to-end American supply chain." The first device is expected in April 2027.

A press release with additional information is available here.

An anonymous reader quotes a report from ProPublica: A Florida man who was the subject of a 2019 investigation by ProPublica was indicted last month on federal charges that he defrauded clients of his ransomware data recovery firm. According to the Justice Department, the man, Zohar Pinhasi, told customers he could recover their encrypted files without having to pay hackers, when, in reality, he paid the ransom and charged victims a hefty fee on top. The indictment mirrors the findings from ProPublica's 2019 article "The Trade Secret," which centered on Pinhasi and his scheme.

The outlet found that the ransomware victims were being harmed twice: once by the hackers, who locked their targets' files and demanded ransom, and a second time by MonsterCloud, Pinhasi's Florida-based data recovery firm, which misled its clients about not paying ransoms. "By falsely claiming to decrypt ransomware without paying off the ransomers, the defendant re-victimized his clients while extracting a hefty profit for himself," U.S. Attorney Joseph Nocella said in an Oct. 7 press release. "Our Office will vigorously prosecute ransomware attackers who prey on Americans from across the world and those who cynically profit from their criminal activity." [...] Pinhasi, who went by the alias Zack Green, told ProPublica in 2019 that MonsterCloud never promised clients that their data will be recovered by any particular method. "How we do it, it's our problem," he told ProPublica. "You will get your data back. Sit back, relax and enjoy the ride." He called MonsterCloud's data recovery methods a "trade secret."

[...] Federal investigators found that, over the course of the scheme, Pinhasi allegedly charged clients more than $19 million and paid more than $8 million in ransom payments. In one example, Pinhasi made a ransom payment of about $8,200 but charged the client about $150,000. If convicted, he faces up to 20 years in prison. [...] In 2019, Pinhasi touted MonsterCloud's ties to law enforcement as evidence of its integrity. Pistole, who also headed the Transportation Security Administration under President Barack Obama, was listed on MonsterCloud's website as the only member of its "Cyber Security Advisory Council."

Denmark's Ministry of Digitization reportedly abandoned a pilot to replace Microsoft Office with the open-source Collabora suite less than six months after it began. Tom's Hardware reports: According to Danish publication Computerworld, the pilot project was launched in 2025 and involved 38 employees, all of whom would start using the British open-source Collabora office suite instead of Word, PowerPoint, and Excel. The experiment was initiated by the then Digitization Minister Caroline Stage, who wanted to reduce the country's dependence on American technology. Denmark isn't alone in moving away from U.S. software, with France and the Netherlands both taking steps to replace Microsoft Windows. However, it seemed that the experiment fizzled out less than six months after it started. It had reportedly ended by the time the Danish government called for an early election in February 2026, with some employees complaining about issues with style, paragraph formatting, blank pages, and challenges with tracking changes.

But even though it's been months since the experiment reportedly ended, Prof. Mikkel Flyberbom of the Copenhagen Business School complains that the project hasn't been properly evaluated. "It's a good idea to test alternatives in a pilot project," the professor said in an email. "However, I wish that the ministry would take the opportunity to learn from the pilot project and share those experiences with other parts of the public sector."

An anonymous reader quotes a report from the Associated Press: The U.S. designated helium as a critical material on Friday because it's indispensable for making semiconductors that are essential to energy generation, and the global supply is at risk of disruption, according to the Energy Department. The designation by the Energy Department means that more federal financing will be available for helium producers and that the government will monitor it more closely. Helium is primarily produced as a byproduct of natural gas processing. The United States is the world's largest producer of natural gas and of helium. Qatar and Russia are the other top helium producers.

[...] Helium makes balloons rise, but that's not why the DOE is interested in it. Helium plays an important role in wind, solar and nuclear energy production, space exploration, medical imaging and research. Assistant Secretary of Energy Audrey Robertson said helium's unique properties make it irreplaceable, such as the fact that it's non-combustible and has the lowest boiling point of any gas. The nation needs an ample supply for semiconductors, quantum and super computing, and superconducting magnets, added Robertson, who oversees the Office of Critical Minerals and Energy Innovation.

[...] Despite environmental concerns with recovering helium from natural gas, there are also opportunities, said Greeshma Gadikota, director of the Lenfast Center for Sustainable Energy at Columbia University. "If we burn the natural gas, there are a lot of CO2 emissions associated with that," Gadikota said. "But if you just extract the helium and use it, the uses of it don't contribute necessarily to greenhouse gas emissions. "So from a climate standpoint, if we are going to continue down the line of extracting natural gas and recovering helium," she added, "I would prefer to see natural gas being used in a form where we directly produce hydrogen and we produce solid carbon." Hydrogen is a clean burning fuel, and solid carbon can provide permanent carbon sequestration and can be used widely in industrial applications, including rubber and pigments.

Mozilla launched a new ad campaign for Firefox that leverages early internet nostalgia in a bid to win back users who switched browsers. "Today's internet tracks you, interrupts you, and asks for permissions it already took. But it wasn't always that way, and it's not how it's supposed to work," writes Mozilla CEO Anthony Enzor-DeMeo in a post on LinkedIn. "It's how a few companies decided it should work, because it pays."

"We're making a different bet at Firefox. Remember us? Well, we're still here, and we don't think the internet should be like this..." The ad features viral internet stars from yesteryear, including Tay Zonday of "Chocolate Rain" fame, Gary Brolsma of "Numa Numa", Noah Ritter, better known as the "Apparently Kid", and Laina Morris, the face of the "Overly Attached Girlfriend" meme, among others.