Movies

DVD Sales Decline Slows Sharply as Gen Z Discovers the Appeal of Physical Media (yahoo.com) 89

DVD and Blu-ray sales have been in freefall for years, but the decline is slowing considerably as Gen Z buyers turn to physical media and drive a measurable uptick at video rental stores and retailers across the U.S.

Overall disc sales fell just 9% last year after dropping more than 20% in both 2023 and 2024, according to the Digital Entertainment Group, and U.S. consumers spent 12% more on 4K UHD Blu-rays in 2025 than the prior year. The Criterion Collection, a leading boutique Blu-ray label, confirmed significant year-over-year sales increases that its president credits to younger customers.

Vidiots, a video store in Los Angeles, averaged 170 rentals a day in January 2026 -- its biggest month ever -- after loaning about 22,000 discs total in 2023 and roughly 50,000 in 2024. Barnes & Noble reported DVD and Blu-ray sales growth of "mid-double digits" over the past year.
Bitcoin

Trump's 'Board of Peace' Explores Stablecoin For Gaza (ft.com) 119

An anonymous reader quotes a report from the Financial Times: Officials working with Donald Trump's "Board of Peace" are exploring setting up a stablecoin for Gaza as part of efforts to reshape the devastated Palestinian enclave's economy, according to five people familiar with the discussions. The talks around introducing a stablecoin -- a type of cryptocurrency whose value is pegged to a mainstream currency, such as the US dollar -- are at a preliminary stage, and many details of how one could be introduced in Gaza remain to be determined.

But officials have discussed the idea as part of their plan for the future of the enclave, where economic activity collapsed during Israel's two-year war with Hamas and the traditional banking and payments system has been severely impaired. A person familiar with the project said the stablecoin was expected to be tied to the US dollar, with the hope that Gulf Arab and Palestinian companies with expertise in the field of digital currencies will help spearhead the effort. "This will not be a 'Gaza Coin' or a new Palestinian currency, but a means to allow Gazans to transact digitally," the person said.

Work on the idea is being led by Liran Tancman, an Israeli tech entrepreneur and former reservist who is now working as an unpaid adviser to Trump's "Board of Peace," the US-led body tasked with rebuilding Gaza, according to two people familiar with the matter. [...] According to the person familiar with the project, the "Board of Peace" and NCAG will decide on the stablecoin's regulatory framework and access, although "nothing definitive" has yet been finalized. Speaking at a meeting of the "Board of Peace" in Washington last week, Tancman said the NCAG was working on building "a secure digital backbone, an open platform enabling e-payments, financial services, e-learning, and healthcare with user control over data", but did not elaborate.

Businesses

PayPal Attracts Takeover Interest After Stock Slump (bloomberg.com) 29

An anonymous reader shares a report: PayPal, the digital payments pioneer, is attracting takeover interest from potential buyers after a stock slide wiped out almost half of its value, according to people familiar with the matter.

The San Jose, California-based company has fielded meetings with banks amid unsolicited interest from suitors, the people said. At least one large rival is looking at the whole company, while some other suitors are only interested in certain PayPal assets, the people said, asking not to be identified because the information is private.

Buyer interest in PayPal is still at a preliminary stage and may not lead to a transaction, the people cautioned. Founded in the late 1990s, PayPal was an early mover in the world of digital payments. But the company now finds itself in a rut with its customers increasingly turning to alternative ways to pay for things. PayPal's shares have fallen around 46% in New York trading over the last 12 months, giving the company a market value of about $38.4 billion.

Encryption

Telegram Disputes Russia's Claim Its Encryption Was Compromised (business-standard.com) 21

Russia's domestic intelligence agency claimed Saturday that Ukraine can obtain sensitive information from troops using the Telegram app on the front line, reports Bloomberg. The fact that the claims were made through Russia's state-operated news outlet RIA Novosti signals "tightening scrutiny over a platform used by millions of Russians," Bloomberg notes, as the Kremlin continues efforts to "push people to use a new state-backed alternative." Russia's communications watchdog limited access to Telegram — a popular messaging app owned by Russian-born billionaire Pavel Durov — over a week ago for failing to comply with Russian laws requiring personal data to be stored locally. Voice and video calls were blocked via Telegram in August. The pressure is the latest move in a long-running campaign to promote what the Kremlin calls a sovereign internet that's led to blocks on YouTube, Instagram and WhatsApp... Foreign intelligence services are able to see Russia's military messages in Telegram too, Russia's Minister for digital development, Maksut Shadaev, said on Wednesday, although he added that Russia will not block access to Telegram for troops for now.

Telegram responded at the time that no breaches of the app's encryption have ever been found. "The Russian government's allegation that our encryption has been compromised is a deliberate fabrication intended to justify outlawing Telegram and forcing citizens onto a state-controlled messaging platform engineered for mass surveillance and censorship," it said in an emailed response.

Role Playing (Games)

The Salvation Army Opens a Digital Thrift Store On Roblox (nerds.xyz) 27

Slashdot reader BrianFagioli writes: The Salvation Army has launched what it calls the world's first digital thrift store inside Roblox, an experience named Thrift Score that lets players browse virtual racks and buy digital fashion for their avatars.

While I understand the strategy of meeting Gen Z and Gen Alpha where they already spend time and money, I feel uneasy about turning something that, in the real world, often serves low income families in genuine need into a gamified aesthetic inside a video game, even if proceeds support rehabilitation and community programs, because a thrift store is not just a quirky brand concept but a lifeline for many people, and packaging that reality as entertainment creates a strange disconnect that is hard to ignore.

"To be clear, proceeds from Thrift Score are intended to support The Salvation Armyâ(TM)s programs nationwide..." this article points out. "If it drives awareness and funds programs that help people in need, that is a win. But if it turns thrifting into just another cosmetic skin in a digital marketplace, then we should at least be willing to say that it feels off."
Businesses

A $10 Plastic Speaker is the Most Durable Revenue Line in Indian Digital Payments (indiadispatch.com) 33

India's digital payment platforms process trillions of dollars a year through UPI, the government-built real-time payments rail that handles more than 90% of all payment transactions in the country, but one of their largest net revenue line items is not a payment product at all: it's a cheap plastic speaker that sits on a shopkeeper's counter and reads out incoming payments aloud.

The roughly 23 million soundboxes deployed across India earn about $220 million a year in rental fees, more than every explicitly UPI-linked revenue line in the ecosystem combined, according to estimates from Bernstein. Each device costs $7-12 to manufacture and earns its platform $7-10 a year in rent. A story adds: PhonePe processes about 48% of all UPI transactions in India. Its net payment processing revenue in H1 FY26 was about $83 million. Its device revenue was about $34 million. Running nearly half of India's real-time payment infrastructure earns PhonePe only 2.4 times what it makes from renting speakers to shopkeepers.
The Media

Ohio Newspaper Removes Writing From Reporters' Jobs, Hands It To an 'AI Rewrite Specialist' (cleveland.com) 28

Cleveland.com, the digital arm of Ohio's Plain Dealer newspaper, has removed writing from the workloads of certain reporters and handed that job to what editor Chris Quinn calls an "AI rewrite specialist" who turns reporter-gathered material into article drafts.

The reporters on these beats -- covering Lorain, Lake, Geauga, and most recently Medina County -- are assigned entirely to reporting, spending their time on in-person interviews and meeting sources for coffee. Editors review the AI-produced drafts and reporters get the final say before publication.

Quinn says the arrangement has effectively freed up an extra workday per week for each reporter. The newsroom adopted this model last year to expand local coverage into counties it could no longer staff with full teams, and Quinn described the setup in a February 14 letter after a college journalism student withdrew from a reporting role over the newsroom's use of AI. Quinn blamed journalism schools for the student's reaction, saying professors have repeatedly told students that AI is bad.
Data Storage

Western Digital is Sold Out of Hard Drives for 2026 (wccftech.com) 97

Western Digital's entire hard drive manufacturing capacity for calendar year 2026 is now fully spoken for, CEO Irving Tan disclosed during the company's second-quarter earnings call, a stark sign of how aggressively hyperscalers are locking down storage supply to feed their AI infrastructure buildouts.

The company has firm purchase orders from its top seven customers and has signed long-term agreements stretching into 2027 and 2028 that cover both exabyte volumes and pricing. Cloud revenue now accounts for 89% of Western Digital's total, according to the company's VP of Investor Relations, while consumer revenue has shrunk to just 5%.
AI

Will Tech Giants Just Use AI Interactions to Create More Effective Ads? (seattletimes.com) 59

Google never asked its users before adding AI Overviews to its search results and AI-generated email summaries to Gmail, notes the New York Times. And Meta didn't ask before making "Meta AI" an unremovable part of its tool in Instagram, WhatsApp and Messenger.

"The insistence on AI everywhere — with little or no option to turn it off — raises an important question about what's in it for the internet companies..." Behind the scenes, the companies are laying the groundwork for a digital advertising economy that could drive the future of the internet. The underlying technology that enables chatbots to write essays and generate pictures for consumers is being used by advertisers to find people to target and automatically tailor ads and discounts to them....

Last month, OpenAI said it would begin showing ads in the free version of ChatGPT based on what people were asking the chatbot and what they had looked for in the past. In response, a Google executive mocked OpenAI, adding that Google had no plans to show ads inside its Gemini chatbot. What he didn't mention, however, was that Google, whose profits are largely derived from online ads, shows advertising on Google.com based on user interactions with the AI chatbot built into its search engine.

For the past six years, as regulators have cracked down on data privacy, the tech giants and online ad industry have moved away from tracking people's activities across mobile apps and websites to determine what ads to show them. Companies including Meta and Google had to come up with methods to target people with relevant ads without sharing users' personal data with third-party marketers. When ChatGPT and other AI chatbots emerged about four years ago, the companies saw an opportunity: The conversational interface of a chatty companion encouraged users to voluntarily share data about themselves, such as their hobbies, health conditions and products they were shopping for.

The strategy already appears to be working. Web search queries are up industrywide, including for Google and Bing, which have been incorporating AI chatbots into their search tools. That's in large part because people prod chatbot-powered search engines with more questions and follow-up requests, revealing their intentions and interests much more explicitly than when they typed a few keywords for a traditional internet search.

Social Networks

India's New Social Media Rules: Remove Unlawful Content in Three Hours, Detect Illegal AI Content Automatically (bbc.com) 23

Bloomberg reports: India tightened rules governing social media content and platforms, particularly targeting artificially generated and manipulated material, in a bid to crack down on the rapid spread of misinformation and deepfakes. The government on Tuesday (Feb 10) notified new rules under an existing law requiring social media firms to comply with takedown requests from Indian authorities within three hours and prominently label AI-generated content. The rules also require platforms to put in place measures to prevent users from posting unlawful material...

Companies will need to invest in 24-hour monitoring centres as enforcement shifts toward platforms rather than users, said Nikhil Pahwa, founder of MediaNama, a publication tracking India's digital policy... The onus of identification, removal and enforcement falls on tech firms, which could lose immunity from legal action if they fail to act within the prescribed timeline.

The new rules also require automated tools to detect and prevent illegal AI content, the BBC reports. And they add that India's new three-hour deadline is "a sharp tightening of the existing 36-hour deadline." [C]ritics worry the move is part of a broader tightening of oversight of online content and could lead to censorship in the world's largest democracy with more than a billion internet users... According to transparency reports, more than 28,000 URLs or web links were blocked in 2024 following government requests...

Delhi-based technology analyst Prasanto K Roy described the new regime as "perhaps the most extreme takedown regime in any democracy". He said compliance would be "nearly impossible" without extensive automation and minimal human oversight, adding that the tight timeframe left little room for platforms to assess whether a request was legally appropriate. On AI labelling, Roy said the intention was positive but cautioned that reliable and tamper-proof labelling technologies were still developing.

DW reports that India has also "joined the growing list of countries considering a social media ban for children under 16."

"Young Indians are not happy and are already plotting workarounds."
Television

'Babylon 5' Episodes Start Appearing (Free) on YouTube (cordcuttersnews.com) 75

Cord Cutters News reports: In a move that has delighted fans of classic science fiction, Warner Bros. Discovery has begun uploading full episodes of the iconic series Babylon 5 to YouTube, providing free access to the show just as it departs from the ad-supported streaming platform Tubi... Viewers noticed notifications on Tubi indicating that all five seasons would no longer be available after February 10, 2026, effectively removing one of the most accessible free streaming options for the space opera. With this shift, Warner Bros. Discovery appears to be steering the property toward its own digital ecosystem, leveraging YouTube's vast audience to reintroduce the show to both longtime enthusiasts and a new generation.

The uploads started with the pilot episode, "The Gathering," which serves as the entry point to the series' intricate universe. This was followed by subsequent episodes such as "Midnight on the Firing Line" and "Soul Hunter," released in sequence to build narrative momentum. [Though episodes 2 and 3 are mis-labeled as #3 and #4...] The strategy involves posting one episode each week, allowing audiences to experience the story at a paced rhythm that mirrors the original broadcast schedule...

For Warner Bros. Discovery, this initiative could signal plans to expand the franchise's visibility, especially amid ongoing interest in reboots and spin-offs that have been rumored in recent years.

Babylon 5 creator J. Michael Straczynski answered questions from Slashdot's readers in 2014.

Long-time Slashdot reader sandbagger offers this summary of the show "for those not in the know... In the mid-23rd century, the Earth Alliance space station Babylon Five, located in neutral territory, is a major focal point for political intrigue, racial tensions, and a major war as Earth descends into fascism and cuts off relations with its allies."
EU

Google Warns EU Risks Undermining Own Competitiveness With Tech Sovereignty Push (ft.com) 81

Europe risks undermining its own competitiveness drive by restricting access to foreign technology, Google's president of global affairs and chief legal officer Kent Walker told the Financial Times, as Brussels accelerates efforts to reduce reliance on U.S. tech giants. Walker said the EU faces a "competitive paradox" as it seeks to spur growth while restricting the technologies needed to achieve that goal.

He warned against erecting walls that make it harder to use some of the best technology in the world, especially as it advances quickly. EU leaders gathered Thursday for a summit in Belgium focused on increasing European competitiveness in a more volatile global economy. Europe's digital sovereignty push gained momentum in recent months, driven by fears that President Donald Trump's foreign policy could force a tech decoupling.
Education

Bill Introduced To Replace West Virginia's New CS Course Graduation Requirement With Computer Literacy Proficiency 51

theodp writes: West Virginia lawmakers on Tuesday introduced House Bill 5387 (PDF), which would repeal the state's recently enacted mandatory stand-alone computer science graduation requirement and replace it with a new computer literacy proficiency requirement. Not too surprisingly, the Bill is being opposed by tech-backed nonprofit Code.org, which lobbied for the WV CS graduation requirement (PDF) just last year. Code.org recently pivoted its mission to emphasize the importance of teaching AI education alongside traditional CS, teaming up with tech CEOs and leaders last year to launch a national campaign to mandate CS and AI courses as graduation requirements.

"It would basically turn the standalone computer science course requirement into a computer literacy proficiency requirement that's more focused on digital literacy," lamented Code.org as it discussed the Bill in a Wednesday conference call with members of the Code.org Advocacy Coalition, including reps from Microsoft's Education and Workforce Policy team. "It's mostly motivated by a variety of different issues coming from local superintendents concerned about, you know, teachers thinking that students don't need to learn how to code and other things. So, we are addressing all of those. We are talking with the chair and vice chair of the committee a week from today to try to see if we can nip this in the bud." Concerns were also raised on the call about how widespread the desire for more computing literacy proficiency (over CS) might be, as well as about legislators who are associating AI literacy more with digital literacy than CS.

The proposed move from a narrower CS focus to a broader goal of computer literacy proficiency in WV schools comes just months after the UK's Department for Education announced a similar curriculum pivot to broader digital literacy, abandoning the narrower 'rigorous CS' focus that was adopted more than a decade ago in response to a push by a 'grassroots' coalition that included Google, Microsoft, UK charities, and other organizations.
China

Palo Alto Chose Not To Tie China To Hacking Campaign For Fear of Retaliation From Beijing (reuters.com) 45

An anonymous reader shares a report: Palo Alto Networks opted not to tie China to a global cyberespionage campaign the firm exposed last week over concerns that the cybersecurity company or its clients could face retaliation from Beijing, according to two people familiar with the matter. The sources said that Palo Alto's findings that China was tied to the sprawling hacking spree were dialed back following last month's news, first reported by Reuters, that Palo Alto was one of about 15 U.S. and Israeli cybersecurity companies whose software had been banned by Chinese authorities on national security grounds.

A draft version of the report by Palo Alto's Unit 42, the company's threat intelligence arm, said that the prolific hackers -- dubbed "TGR-STA-1030" in a report published on Thursday of last week -- were connected to Beijing, the two people said. The finished report instead described the hacking group more vaguely as a "state-aligned group that operates out of Asia." Attributing sophisticated hacks is notoriously difficult and debates over how best to assign blame for digital intrusions are common among cybersecurity researchers.

AI

Do Super Bowl Ads For AI Signal a Bubble About to Burst? (msn.com) 50

It's the first "AI" Super Bowl, argues the tech/business writer at Slate, with AI company advertisements taking center stage, even while consumers insist to surveyors that they're "mostly negative" about AI-generated ads.

Last year AI companies spent over $1.7 billion on AI-related ads, notes the Washington Post, adding the blitz this year will be "inescapable" — even while surveys show Americans "doubt the technology is good for them or the world..."

Slate wonders if that means history will repeat itself... The sheer saturation of new A.I. gambits, added to the mismatch with consumer priorities, gives this year's NFL showcase the sector-specific recession-indicator vibes that have defined Super Bowls of the past. 2022 was a pride-cometh-before-the-fall event for the cryptocurrency bubble, which collapsed in such spectacular fashion later that year — thanks largely to Super Bowl ad client Sam Bankman-Fried — that none of its major brands have ever returned to the broadcast. (... the coins themselves are once again crashing, hard.) Mortgage lender Ameriquest was as conspicuous a presence in the mid-2000s Super Bowls as it was an absence in the later aughts, having folded in 2007 when the risky subprime loans it specialized in helped kick off the financial crisis. And then there were all those bowl-game commercials for websites like Pets.com and Computer.com in 2000, when the dot-com rush brought attention to a slew of digital startups that went bust with the bubble.

Does this Super Bowl's record-breaking A.I. ad splurge also portend a coming pop? Look at the business environment: The biggest names in the industry are swapping unimaginable stacks of cash exclusively with one another. One firm's stock price depends on another firm's projections, which depend on another contractor's successes. Necessary infrastructure is meeting resistance, and all-around investment in these projects is riskier than ever. And yet, the sector is still willing to break the bank for the Super Bowl — even though, time and again, we've already seen how this particular game plays out.

People are using AI apps. And Meta has aired an ad where a man in rural New Mexico "says he landed a good job in his hometown at a Meta data center," notes the Washington Post. "It's interspersed with scenes from a rodeo and other folksy tropes, in one of . The TV commercial (and a similar one set in Iowa), aired in Washington, D.C., and a handful of other communities, suggesting it's aimed at convincing U.S. elected officials that AI brings job opportunities.

But the Post argues the AI industry "is selling a vision of the future that Americans don't like." And they offer cite Allen Adamson, a brand strategist and co-founder of marketing firm Metaforce, who says the perennial question about advertising is whether it can fix bad vibes about a product.

"The answer since the dawn of marketing and advertising is no."
The Internet

Dave Farber Dies at Age 91 (seclists.org) 17

The mailing list for the North American Network Operators' Group discusses Internet infrastructure issues like routing, IP address allocation, and containing malicious activity. This morning there was another message: We are heartbroken to report that our colleague — our mentor, friend, and conscience — David J. Farber passed away suddenly at his home in Roppongi, Tokyo. He left us on Saturday, Feb. 7, 2026, at the too-young age of 91...

Dave's career began with his education at Stevens Institute of Technology, which he loved deeply and served as a Trustee. He joined the legendary Bell Labs during its heyday, and worked at the Rand Corporation. Along the way, among countless other activities, he served as Chief Technologist of the U.S. Federal Communications Commission; became a proficient (instrument-rated) pilot; and was an active board member of the Electronic Frontier Foundation, a digital civil-liberties organization.

His professional accomplishments and impact are almost endless, but often captured by one moniker: "grandfather of the Internet," acknowledging the foundational contributions made by his many students at the University of California, Irvine; the University of Delaware; the University of Pennsylvania; and Carnegie Mellon University. In 2018, at the age of 83, Dave moved to Japan to become Distinguished Professor at Keio University and Co-Director of the Keio Cyber Civilization Research Center (CCRC). He loved teaching, and taught his final class on January 22, 2026... Dave thrived in Japan in every way...

It's impossible to summarize a life and career as rich and long as Dave"s in our few words here. And each of us, even those who knew him for decades, represent just one facet of his life. But because we are here at its end, we have the sad duty of sharing this news.

Farber once said that " At both Bell Labs and Rand, I had the privilege, at a young age, of working with and learning from giants in our field. Truly I can say (as have others) that I have done good things because I stood on the shoulders of those giants. In particular, I owe much to Dr. Richard Hamming, Paul Baran and George Mealy."
Books

Is the 'Death of Reading' Narrative Wrong? (www.persuasion.community) 73

Has the rise of hyper-addictive digital technologies really shattered our attention spans and driven books out of our culture? Maybe not, argues social psychologist Adam Mastroianni (author of the Substack Experimental History): As a psychologist, I used to study claims like these for a living, so I know that the mind is primed to believe narratives of decline. We have a much lower standard of evidence for "bad thing go up" than we do for "bad thing go down." Unsurprisingly, then, stories about the end of reading tend to leave out some inconvenient data points. For example, book sales were higher in 2025 than they were in 2019, and only a bit below their high point in the pandemic. Independent bookstores are booming, not busting; at least 422 new indie shops opened in the United States last year alone. Even Barnes & Noble is cool again.

The actual data on reading, meanwhile, isn't as apocalyptic as the headlines imply. Gallup surveys suggest that some mega-readers (11+ books per year) have become moderate readers (1-5 books per year), but they don't find any other major trends over the past three decades. Other surveys document similarly moderate declines. For instance, data from the National Endowment for the Arts finds a slight decrease in the percentage of U.S. adults who read any book in 2022 (49%) compared to 2012 (55%). And the American Time Use Survey shows a dip in reading time from 2003 to 2023. Ultimately, the plausibility of the "death of reading" thesis depends on two judgment calls. First, do these effects strike you as big or small...? The second judgment call: Do you expect these trends to continue, plateau, or even reverse...?

There are signs that the digital invasion of our attention is beginning to stall. We seem to have passed peak social media — time spent on the apps has started to slide. App developers are finding it harder and harder to squeeze more attention out of our eyeballs, and it turns out that having your eyeballs squeezed hurts, so people aren't sticking around for it... Fact #2: Reading has already survived several major incursions, which suggests it's more appealing than we thought. Radio, TV, dial-up, Wi-Fi, TikTok — none of it has been enough to snuff out the human desire to point our pupils at words on paper... It is remarkable, even miraculous, that people who possess the most addictive devices ever invented will occasionally choose to turn those devices off and pick up a book instead.

The author mocks the "death of reading" hypothesis for implying that all the world's avid readers "were just filling time with great works of literature until TikTok came along."
Bitcoin

Bitcoin Dropped Nearly 30% This Week. But Why? (cnn.com) 105

Last Sunday, Bitcoin had dropped 13% in three days, to $76,790.

By Thursday it had dropped another 21%, to $60,062.

This morning it's at $69,549 — up from Thursday, down from Sunday, but 44% lower than its all-time high in October of $123,742. In short, Bitcoin "is down almost 30% this week alone," reports CNBC: "This steady selling in our view signals that traditional investors are losing interest, and overall pessimism about crypto is growing," Deutsche Bank analyst Marion Laboure said Wednesday in a note to clients. Growing investor caution comes as many of the sensationalized claims about bitcoin have failed to materialize. The token has largely traded in the same direction as other risk-on assets, such as stocks... and its adoption as a form of payment for goods and services has been minimal... While many in the crypto market have previously credited large institutional investors with supporting the price of bitcoin, now it is those same participants who appear to be selling. "Institutional demand has reversed materially," CryptoQuant said in a report on Wednesday.
But not everyone accepts that answer, the Wall Street Journal reported Saturday. "The worst part for some of crypto's permabulls is that they aren't sure what exactly caused the crash": The selloff left many of the market's luminaries — those so well-known that they go simply as "Pomp" and "Novo" and "Mooch" — searching for answers... Ether dropped 24% to $2,052, off 59% from its own high of last year. Both tokens staged furious rallies Friday, but the week remained a historically bad one for crypto. And few seem to know what went wrong. Market theories for the selloff ranged from investors' pivot toward the prediction markets and other risky bets, to widespread profit-taking after a blistering bull run. "There was no smoking gun," said Michael Novogratz, who runs Galaxy Digital, a crypto merchant-banking and trading firm...

"If you ask five experts, you'll get five explanations," said Anthony Scaramucci, who served for 11 days as communications director during Trump's first term and is among the best-known crypto bulls at his firm, SkyBridge Capital.

"No, but seriously: What's going on with bitcoin?" reads the headline at CNN, with a story that begins "Bitcoin is acting weird... " Crypto is notoriously volatile, and it's gone through numerous crashes that are bigger than this one. What's strange is this: Bitcoin's four-month slump has come at a time when, in theory, it had everything going for it.
Economist Paul Krugman points out the price of Bitcoin is now lower than it was before America's 2024 election, when candidate Trump promised to make cryptocurrency "one of the greatest industries on earth."

CNN seems to agree with CNBC that what's behind this new crypto winter is "Mostly doubts that bitcoin is 'digital gold,' after all..."

Thanks to Slashdot reader fjo3 for sharing the news.
United States

CIA Has Killed Off The World Factbook After Six Decades (cia.gov) 111

The CIA has shut down The World Factbook, one of its oldest and most recognizable public-facing intelligence publications, ending a run that began as a classified reference document in 1962 and evolved into a freely accessible digital resource that drew millions of views each year.

The agency offered no explanation for the decision. Originally titled The National Basic Intelligence Factbook, the publication first went unclassified in 1971, was renamed a decade later, and moved online at CIA.gov in 1997. It served researchers, news organizations, teachers, students and international travelers. The site hosted more than 5,000 copyright-free photographs, some donated by CIA officers from their personal travel. Every page now redirects to a farewell announcement.
Data Storage

Western Digital Plots a Path To 140 TB Hard Drives Using Vertical Lasers and 14-Platter Designs (tomshardware.com) 62

Western Digital this week laid out a roadmap that stretches its 3.5-inch hard drive platform to 14 platters and pairs it with a new vertical-emitting laser for heat-assisted magnetic recording, a combination the company says will push individual drive capacities beyond 140 TB in the 2030s.

The vertical laser, developed over six years and already working in WD's labs, emits light straight down onto the disk rather than from the edge, delivering more thermal energy while occupying less vertical space -- enabling areal densities up to 10 TB per platter, up from today's 4 TB, and room for additional platters in the same enclosure. WD's first commercial HAMR drives arrive in late 2026 at 40-44 TB on an 11-platter design, ramping into volume production in 2027. A 12-platter platform follows in 2028 at 60 TB, and WD expects to hit 100 TB by around 2030.

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