The abstract of a study on NBER: We examine the performance of startups co-founded by immigrant and native teams. Leveraging unique data linking startups to founders' and employees' employment and education histories, we find native-migrant teams outperform native-only and migrant-only teams.

Native-migrant startups have larger employment three years after founding, are more likely to secure funding, access larger funding rounds, and achieve more successful exits. An instrumental variables strategy based on native shares in university-degree programs confirms native-migrant teams are larger and more likely to receive funding. Superior access to diverse labor pools, successful VCs, and expanded product markets are key factors in driving native-migrant outperformance.

An anonymous reader quotes a report from The Register: Australian SaaS-y graphic design service Canva now requires candidates for developer jobs to use AI coding assistants during the interview process. [...] Canva's hiring process previously included an interview focused on computer science fundamentals, during which it required candidates to write code using only their actual human brains. The company now expects candidates for frontend, backend, and machine learning engineering roles to demonstrate skill with tools like Copilot, Cursor, and Claude during technical interviews, Canva head of platforms Simon Newton wrote in a Tuesday blog post.

His rationale for the change is that nearly half of Canva's frontend and backend engineers use AI coding assistants daily, that it's now expected behavior, and that the tools are "essential for staying productive and competitive in modern software development." Yet Canva's old interview process "asked candidates to solve coding problems without the very tools they'd use on the job," Newton admitted. "This dismissal of AI tools during the interview process meant we weren't truly evaluating how candidates would perform in their actual role," he added. Candidates were already starting to use AI assistants during interview tasks -- and sometimes used subterfuge to hide it. "Rather than fighting this reality and trying to police AI usage, we made the decision to embrace transparency and work with this new reality," Newton wrote. "This approach gives us a clearer signal about how they'll actually perform when they join our team." The initial reaction among engineers "was worry that we were simply replacing rigorous computer science fundamentals with what one engineer called 'vibe-coding sessions,'" Newton said.

The company addressed these concerns with a recruitment process that sees candidates expected to use their preferred AI tools, to solve what Newton described as "the kind of challenges that require genuine engineering judgment even with AI assistance." Newton added: "These problems can't be solved with a single prompt; they require iterative thinking, requirement clarification, and good decision-making."

A coordinated spam operation has infiltrated abandoned subdomains belonging to major institutions including Nvidia, Stanford University, NPR, and the U.S. government's vaccines.gov site, flooding them with AI-generated content that subsequently appears in search results and Google's AI Overview feature.

The scheme, reports 404 Media, posted over 62,000 articles on Nvidia's events.nsv.nvidia.com subdomain before the company took it offline within two hours of being contacted by reporters. The spam articles, which included explicit gaming content and local business recommendations, used identical layouts and a fake byline called "Ashley" across all compromised sites. Each targeted domain operates under different names -- "AceNet Hub" on Stanford's site, "Form Generation Hub" on NPR, and "Seymore Insights" on vaccines.gov -- but all redirect traffic to a marketing spam page. The operation exploits search engines' trust in institutional domains, with Google's AI Overview already serving the fabricated content as factual information to users searching for local businesses.

The abstract of a study featured on NBER: We examine the labor market effects of AI chatbots using two large-scale adoption surveys (late 2023 and 2024) covering 11 exposed occupations (25,000 workers, 7,000 workplaces), linked to matched employer-employee data in Denmark.

AI chatbots are now widespread -- most employers encourage their use, many deploy in-house models, and training initiatives are common. These firm-led investments boost adoption, narrow demographic gaps in take-up, enhance workplace utility, and create new job tasks. Yet, despite substantial investments, economic impacts remain minimal. Using difference-in-differences and employer policies as quasi-experimental variation, we estimate precise zeros: AI chatbots have had no significant impact on earnings or recorded hours in any occupation, with confidence intervals ruling out effects larger than 1%. Modest productivity gains (average time savings of 3%), combined with weak wage pass-through, help explain these limited labor market effects. Our findings challenge narratives of imminent labor market transformation due to Generative AI.

An anonymous reader shares a report: A data broker owned by the country's major airlines, including Delta, American Airlines, and United, collected U.S. travellers' domestic flight records, sold access to them to Customs and Border Protection (CBP), and then as part of the contract told CBP to not reveal where the data came from, according to internal CBP documents obtained by 404 Media. The data includes passenger names, their full flight itineraries, and financial details.

CBP, a part of the Department of Homeland Security (DHS), says it needs this data to support state and local police to track people of interest's air travel across the country, in a purchase that has alarmed civil liberties experts. The documents reveal for the first time in detail why at least one part of DHS purchased such information, and comes after Immigration and Customs Enforcement (ICE) detailed its own purchase of the data. The documents also show for the first time that the data broker, called the Airlines Reporting Corporation (ARC), tells government agencies not to mention where it sourced the flight data from.

"The big airlines -- through a shady data broker that they own called ARC -- are selling the government bulk access to Americans' sensitive information, revealing where they fly and the credit card they used," Senator Ron Wyden said in a statement. ARC is owned and operated by at least eight major U.S. airlines, other publicly released documents show. The company's board of directors include representatives from Delta, Southwest, United, American Airlines, Alaska Airlines, JetBlue, and European airlines Lufthansa and Air France, and Canada's Air Canada. More than 240 airlines depend on ARC for ticket settlement services.

An anonymous reader quotes a report from Reuters: Indirect carbon emissions from the operations of four of the leading AI-focused tech companies rose on average by 150% from 2020-2023, due to the demands of power-hungry data centers, a United Nations report (PDF) said on Thursday. The use of artificial intelligence by Amazon, Microsoft, Alphabet and Meta drove up their global indirect emissions because of the vast amounts of energy required to power data centers, the report by the International Telecommunication Union (ITU), the U.N. agency for digital technologies, said.

Indirect emissions include those generated by purchased electricity, steam, heating and cooling consumed by a company. Amazon's operational carbon emissions grew the most at 182% in 2023 compared to three years before, followed by Microsoft at 155%, Meta at 145% and Alphabet at 138%, according to the report. The ITU tracked the greenhouse gas emissions of 200 leading digital companies between 2020 and 2023. [...] As investment in AI increases, carbon emissions from the top-emitting AI systems are predicted to reach up to 102.6 million tons of carbon dioxide equivalent per year, the report stated.

The data centres that are needed for AI development could also put pressure on existing energy infrastructure. "The rapid growth of artificial intelligence is driving a sharp rise in global electricity demand, with electricity use by data centers increasing four times faster than the overall rise in electricity consumption," the report found. It also highlighted that although a growing number of digital companies had set emissions targets, those ambitions had not yet fully translated into actual reductions of emissions. UPDATE: The headline has been revised to clarify that four leading AI-focused tech companies saw their operational emissions rise to 150% of their 2020 levels by 2023 -- a 50% increase, not a 150% one.

"It is true, Google AI is stomping on the entire internet," writes Slashdot reader TheWho79, sharing a report from the Wall Street Journal. "From HuffPost to the Atlantic, publishers prepare to pivot or shut the doors. ... Even highly regarded old school bullet-proof publications like Washington Post are getting hit hard." From the report: Traffic from organic search to HuffPost's desktop and mobile websites fell by just over half in the past three years, and by nearly that much at the Washington Post, according to digital market data firm Similarweb. Business Insider cut about 21% of its staff last month, a move CEO Barbara Peng said was aimed at helping the publication "endure extreme traffic drops outside of our control." Organic search traffic to its websites declined by 55% between April 2022 and April 2025, according to data from Similarweb.

At a companywide meeting earlier this year, Nicholas Thompson, chief executive of the Atlantic, said the publication should assume traffic from Google would drop toward zero and the company needed to evolve its business model. [...] "Google is shifting from being a search engine to an answer engine," Thompson said in an interview with The Wall Street Journal. "We have to develop new strategies."

The rapid development of click-free answers in search "is a serious threat to journalism that should not be underestimated," said William Lewis, the Washington Post's publisher and chief executive. Lewis is former CEO of the Journal's publisher, Dow Jones. The Washington Post is "moving with urgency" to connect with previously overlooked audiences and pursue new revenue sources and prepare for a "post-search era," he said.

At the New York Times, the share of traffic coming from organic search to the paper's desktop and mobile websites slid to 36.5% in April 2025 from almost 44% three years earlier, according to Similarweb. The Wall Street Journal's traffic from organic search was up in April compared with three years prior, Similarweb data show, though as a share of overall traffic it declined to 24% from 29%. Further reading: Google's AI Mode Is 'the Definition of Theft,' Publishers Say

The World Bank sharply reduced its global economic growth forecast for 2025 to 2.3% from 2.7%, warning that the current decade is on track to become the weakest for the global economy since the 1960s. The Washington-based lender attributed the downgrade to mounting costs from "international discord -- about trade, in particular," as Donald Trump's tariff policies create unprecedented uncertainty.

The revised forecast would mark the slowest growth rate outside full-blown recessions since 2008. Even with a modest recovery to 2.4% expected in 2026, the bank characterized the outlook as merely "tepid." Chief economist Indermit Gill said "outside of Asia, the developing world is becoming a development-free zone." Growth in developing economies has steadily declined from 6% annually in the 2000s to 5% in the 2010s, now falling below 4% in the 2020s. The bank said that "many of the forces behind the great economic miracle of the last 50 years" have reversed, with more than half of low-income countries either in debt distress or at high risk.

The Class of 2025 is encountering the worst entry-level job market in years with unemployment among recent degree-holders aged 22 to 27 reaching 5.8% this spring -- the highest level in approximately four years and well above the national average. According to Federal Reserve Bank of New York data, 85% of the unemployment rate increase since mid-2023 stems from new labor market entrants struggling to find work.

Corporate hiring freezes implemented under threats of President Trump's tariffs, combined with AI replacing traditional entry-level positions, have severely constrained opportunities for new graduates. More than 60% of executives surveyed on LinkedIn indicate that AI will eventually assume tasks currently assigned to entry-level employees, particularly mundane and manual roles.

The impact varies significantly by major, with computer engineering graduates -- once highly sought-after -- now facing a 7.5% unemployment rate, the third-highest among recent graduates. Employment in computer science and mathematical jobs for those under 27 has dropped 8% since 2022, even as it grew 0.8% for older workers.

OpenAI plans to add Alphabet's Google cloud service to meet its growing needs for computing capacity, Reuters reported Tuesday, marking a surprising collaboration between two prominent competitors in the AI race. From the report: The deal, which has been under discussion for a few months, was finalized in May, one of the sources added. It underscores how massive computing demands to train and deploy AI models are reshaping the competitive dynamics in AI, and marks OpenAI's latest move to diversify its compute sources beyond its major supporter Microsoft, including its high-profile Stargate data center project.

It is a win for Google's cloud unit, which will supply additional computing capacity to OpenAI's existing infrastructure for training and running its AI models, sources said, who requested anonymity to discuss private matters. The move also comes as OpenAI's ChatGPT poses the biggest threat to Google's dominant search business in years, with Google executives recently saying that the AI race may not be winner-take-all.

Robert F. Smith, CEO of Vista Equity Partners, told attendees at the SuperReturn International 2025 conference in Berlin last week that 60% of the 5,500 finance professionals present will be "looking for work" next year due to AI disruption.

Smith predicted that while 40% of attendees will adopt AI agents -- programs that autonomously perform complex, multi-step tasks -- the remaining majority will need to find new employment as AI transforms the sector. "All of the jobs currently carried out by one billion knowledge workers today would change due to AI," Smith said, clarifying that while jobs won't disappear entirely, they will fundamentally transform.

Warner Bros Discovery will split into two separate publicly traded companies -- one focused on its studios and streaming assets like HBO, DC Studios, and HBO Max, and the other on its declining cable networks including CNN and TNT Sports. The move, which unwinds the 2022 WarnerMedia-Discovery merger, is expected by mid-2026 and is "the latest unraveling of decades of media consolidation that created global conglomerates spanning content creation, distribution and in some cases, telecommunications," reports Reuters. From the report: The new streaming-and-studios company will include Warner Bros, DC Studios and HBO Max - the crown jewels of WBD's entertainment library. The networks unit, which will hold up to a 20% stake in its counterpart, will house CNN, TNT Sports and Bleacher Report. CEO David Zaslav will lead the streaming and studios unit, while CFO Gunnar Wiedenfels will head the networks unit. The separation will be structured as a tax-free transaction and is expected to be completed by mid-2026.

"We've continued to analyze how our industry is evolving," Zaslav told investors. "The right path forward became increasingly clear ... to separate global networks and streaming and studios into two independent, publicly traded companies." Most of the company's debt would be held by the global networks company. WBD had gross debt of $38 billion as of March. The company said it secured a $17.5 billion bridge loan from J.P. Morgan that it would use to restructure its debt.

United Natural Foods (UNFI), a major distributor of groceries to Whole Foods and other retailers, said on Monday that it was hit by a cyberattack, warning of disruptions to its ability to fulfill and distribute customer orders. From a report: UNFI said in a Monday filing with the U.S. Securities and Exchange Commission that it became aware of unauthorized access to its IT systems last Thursday, and began shutting down portions of its network. The filing added that the company has "implemented workarounds for certain operations in order to continue servicing its customers where possible," but noted that the intrusion has caused ongoing disruptions to its business operations.

The Providence, Rhode Island-based company is one of the largest grocery distributors in North America, selling fresh produce, goods, and food products to more than 30,000 stores and supermarket locations across the U.S. and Canada. UNFI also serves as the "primary distributor" to Whole Foods, the Amazon-owned grocery chain. Last year, the two companies extended their long-running contract until May 2032.

In late April Meta introduced its Meta AI app, which included something called a Discover feed. ("You can see the best prompts people are sharing, or remix them to make them your own.")

But while Meta insisted "you're in control: nothing is shared to your feed unless you choose to post it" — just two days later Business Insider noticed that "clearly, some people don't realize they're sharing personal stuff." To be clear, your AI chats are not public by default — you have to choose to share them individually by tapping a share button. Even so, I get the sense that some people don't really understand what they're sharing, or what's going on.

Like the woman with the sick pet turtle. Or another person who was asking for advice about what legal measures he could take against his former employer after getting laid off. Or a woman asking about the effects of folic acid for a woman in her 60s who has already gone through menopause. Or someone asking for help with their Blue Cross health insurance bill... Perhaps these people knew they were sharing on a public feed and wanted to do so. Perhaps not. This leaves us with an obvious question: What's the point of this, anyway? Even if you put aside the potential accidental oversharing, what's the point of seeing a feed of people's AI prompts at all?
Now Mozilla has issued their own warning. "Meta is quietly turning private AI chats into public content," warns a new post this week from the Mozilla Foundation, "and too many people don't realize it's happening." That's why the Mozilla community is demanding that Meta:

- Shut down the Discover feed until real privacy protections are in place.

- Make all AI interactions private by default with no public sharing option unless explicitly enabled through informed consent.

- Provide full transparency about how many users have unknowingly shared private information.

- Create a universal, easy-to-use opt-out system for all Meta platforms that prevents user data from being used for AI training.

- Notify all users whose conversations may have been made public, and allow them to delete their content permanently.

Meta is blurring the line between private and public — and it's happening at the cost of our privacy. People have the right to know when they're speaking in public, especially when they believe they're speaking in private.

If you agree, add your name to demand Meta shut down its invasive AI feed — and guarantee that no private conversations are made public without clear, explicit, and informed opt-in consent.

"Everyone has a blog these days, even Claude," Anthropic wrote this week on a page titled "Claude Explains."

"Welcome to the small corner of the Anthropic universe where Claude is writing on every topic under the sun".

Not any more. After blog posts titled "Improve code maintainability with Claude" and "Rapidly develop web applications with Claude" — Anthropic suddenly removed the whole page sometime after Wednesday. But TechCrunch explains the whole thing was always less than it seemed, and "One might be easily misled into thinking that Claude is responsible for the blog's copy end-to-end." According to a spokesperson, the blog is overseen by Anthropic's "subject matter experts and editorial teams," who "enhance" Claude's drafts with "insights, practical examples, and [...] contextual knowledge."

"This isn't just vanilla Claude output — the editorial process requires human expertise and goes through iterations," the spokesperson said. "From a technical perspective, Claude Explains shows a collaborative approach where Claude [creates] educational content, and our team reviews, refines, and enhances it...." Anthropic says it sees Claude Explains as a "demonstration of how human expertise and AI capabilities can work together," starting with educational resources. "Claude Explains is an early example of how teams can use AI to augment their work and provide greater value to their users," the spokesperson said. "Rather than replacing human expertise, we're showing how AI can amplify what subject matter experts can accomplish [...] We plan to cover topics ranging from creative writing to data analysis to business strategy...."

The Anthropic spokesperson noted that the company is still hiring across marketing, content, and editorial, and "many other fields that involve writing," despite the company's dip into AI-powered blog drafting. Take that for what you will.

An anonymous reader quotes a report from OregonLive: Together, the four founders of Beaverton startup AheadComputing spent nearly a century at Intel. They were among Intel's top chip architects, working years in advance to develop new generations of microprocessors to power the computers of the future. Now they're on their own, flying without a net, building a new class of microprocessor on an entirely different architecture from Intel's. Founded a year ago, AheadComputing is trying to prove there's a better way to design computer chips.

"AheadComputing is doing the biggest, baddest CPU in the world," said Debbie Marr, the company's CEO. [...] AheadComputing is betting on an open architecture called RISC-V -- RISC stands for "reduced instruction set computer." The idea is to craft a streamlined microprocessor that works more efficiently by doing fewer things, and doing them better than conventional processors. For AheadComputing's founders and 80 employees, many of them also Intel alumni, it's a major break from the kind of work they've been doing all their careers. They've left a company with more than 100,000 workers to start a business with fewer than 100.

"Every person in this room," Marr said, looking across a conference table at her colleagues, "we could have stayed at Intel. We could have continued to do very exciting things at Intel." They decided they had a better chance at leading a revolution in semiconductor technology at a startup than at a big, established company like Intel. And AheadComputing could be at the forefront of renewal in Oregon's semiconductor ecosystem. "We see this opportunity, this light," Marr said. "We took our chances." It'll be years before AheadComputing's designs are on the market, but the company "envisions its chips will someday power PCs, laptops and data centers," reports OregonLive. "Possible clients could include Google, Amazon, Samsung or other large computing companies."

Apple will lose the ability to collect commissions on external iOS purchases in Europe starting June 23, following a European Commission ruling that hinges on the grammatical interpretation of a single comma in the Digital Markets Act. The dispute centers on Article 5.4, which requires gatekeepers to allow business users "free of charge, to communicate and promote offers, including under different conditions [...], and to conclude contracts with those end users."

Apple contends that "free of charge" applies only to communication and promotion activities, not contract conclusion, allowing the company to maintain its commission structure on external transactions. The European Commission interprets the comma before "and to conclude contracts" as creating an enumeration where the free-of-charge requirement applies to all listed activities, including purchases made outside Apple's payment system.

Under the new ruling, Apple can collect commissions only on the first external transaction between users and developers, with all subsequent purchases and auto-renewed subscriptions exempt from fees. The company faces daily penalties of up to $53.5 million for non-compliance and has already been fined $570 million. Apple's internal forecasts estimate potential annual losses of "hundreds of millions or even billions of dollars" in the US alone, though Europe demands stricter changes than those projections assumed.

Nearly a quarter of consumers using buy-now-pay-later loans now finance their grocery purchases, representing a significant increase from 14% a year ago, according to a recent LendingTree survey. The shift marks a departure from the traditional use of these short-term financing services for big-ticket items like electronics and furniture toward everyday essentials including groceries, utility bills, and streaming services.

The BNPL market has experienced dramatic growth, expanding from $2 billion in consumer purchases in 2019 to more than $116.3 billion by 2023. Morgan Stanley found that 28% of surveyed Americans had used BNPL services with about 30% of those users applying the financing to grocery purchases. Food prices have risen 28% since 2020, creating particular pressure on lower-income households earning less than $50,000 annually, who represent the largest user base for these services.

An anonymous reader quotes a report from CBC: A consumer organization filed a complaint with the European Commission on Thursday against online fast-fashion retailer Shein over its use of "dark patterns," which are tactics designed to make people buy more on its app and website. Pop-ups urging customers not to leave the app or risk losing promotions, countdown timers that create time pressure to complete a purchase and the infinite scroll on its app are among the methods Shein uses that could be considered "aggressive commercial practices," wrote BEUC, a pan-European consumer group, in a report.

The BEUC also detailed Shein's use of frequent notifications, with one phone receiving 12 notifications from the app in a single day. "For fast fashion you need to have volume, you need to have mass consumption, and these dark patterns are designed to stimulate mass consumption," said Agustin Reyna, director general of BEUC, in an interview. "For us, to be satisfactory they need to get rid of these dark patterns, but the question is whether they will have enough incentive to do so, knowing the potential impact it can have on the volume of purchases." [...]

The BEUC also targeted the online discount platform Temu, a Shein rival, in a previous complaint. Both platforms have surged in popularity in Europe, partly helped by apps that encourage shoppers to engage with games and stand to win discounts and free products. [...] The BEUC noted that dark patterns are widely used by mass-market clothing retailers and called on the consumer protection network to include other retailers in its investigation. It said 25 of its member organizations in 21 countries, including France, Germany and Spain, joined in the grievance filed with the commission and with the European consumer protection network. Temu and Shein have their own issues in the United States. Following the recent closure of the de minimis loophole, use of the two Chinese platforms have slowed significantly. "Temu's U.S. daily active users (DAUs) dropped 52% in May versus March, before Trump's tariffs were announced, while those at rival Shein were down 25%," reports CNBC, citing data from market intelligence firm Sensor Tower.

"The declines were also reflected in both platforms' Apple App Store rankings. Temu averaged a rank of 132 in May 2025, down from an average top 3 ranking a year ago, while Shein averaged a rank of 60 last month versus a top 10 ranking the year prior, the data showed."

Anthropic cut AI coding assistant Windsurf's direct access to its Claude models after media reported that rival OpenAI plans to acquire the startup for $3 billion. Anthropic co-founder Jared Kaplan told TechCrunch that "it would be odd for us to be selling Claude to OpenAI," explaining the decision to cut access to Claude 3.5 Sonnet and Claude 3.7 Sonnet models.