Earth

Era of 'Global Water Bankruptcy' Is Here, UN Report Says (theguardian.com) 118

An anonymous reader quotes a report from the Guardian: The world has entered an era of "global water bankruptcy" that is harming billions of people, a UN report has declared. The overuse and pollution of water must be tackled urgently, the report's lead author said, because no one knew when the whole system could collapse, with implications for peace and social cohesion. All life depends on water but the report found many societies had long been using water faster than it could be replenished annually in rivers and soils, as well as over-exploiting or destroying long-term stores of water in aquifers and wetlands. This had led to water bankruptcy, the report said, with many human water systems past the point at which they could be restored to former levels. The climate crisis was exacerbating the problem by melting glaciers, which store water, and causing whiplashes between extremely dry and wet weather.

Prof Kaveh Madani, who led the report, said while not every basin and country was water bankrupt, the world was interconnected by trade and migration, and enough critical systems had crossed this threshold to fundamentally alter global water risk. The result was a world in which 75% of people lived in countries classified as water-insecure or critically water-insecure and 2 billion people lived on ground that is sinking as groundwater aquifers collapse. Conflicts over water had risen sharply since 2010, the report said, while major rivers, such as the Colorado, in the US, and the Murray-Darling system, in Australia, were failing to reach the sea, and "day zero" emergencies -- when cities run out of water, such as in Chennai, India -- were escalating. Half of the world's large lakes had shrunk since the early 1990s, the report noted. Even damp nations, such as the UK, were at risk because of reliance on imports of water-dependent food and other products. "This report tells an uncomfortable truth: many critical water systems are already bankrupt," said Madani, of the UN University's Institute for Water, Environment and Health. "It's extremely urgent [because] no one knows exactly when the whole system would collapse."

About 70% of fresh water taken by human withdrawals was used for agriculture, but Madani said: "Millions of farmers are trying to grow more food from shrinking, polluted or disappearing water sources. Water bankruptcy in India or Pakistan, for example, also means an impact on rice exports to a lot of places around the world." More than half of global food was grown in areas where water storage was declining or unstable, the report said. Madani said action to deal with water bankruptcy offered a chance to bring countries together in an increasingly fragmented world. "Water is a strategic, untapped opportunity to the world to create unity within and between nations. It is one of the very rare topics that left and right and north and south all agree on its importance." The UN report, which is based on a forthcoming paper in the peer-reviewed journal Water Resources Management, sets out how population growth, urbanization and economic growth have increased water demand for agriculture, industry, energy and cities. "These pressures have produced a global pattern that is now unmistakable," it said.

Cellphones

HHS Announces New Study of Cellphone Radiation and Health (usnews.com) 60

An anonymous reader quotes a report from U.S. News & World Report: U.S. health officials plan a new study investigating whether radiation from cellphones may affect human health. A spokesperson for the U.S. Department of Health and Human Services (HHS) said the research will examine electromagnetic radiation and possible gaps in current science. The initiative stems from numerous concerns raised by Health Secretary Robert F. Kennedy Jr., who has linked cellphone use to neurological damage and cancer.

"The [U.S. Food and Drug Administration] removed webpages with old conclusions about cell phone radiation while HHS undertakes a study on electromagnetic radiation and health research to identify gaps in knowledge, including on new technologies, to ensure safety and efficacy," HHS spokesman Andrew Nixon said. He added that the study was directed in a strategy report from the president's Make America Healthy Again Commission.

Some webpages from the FDA and the U.S. Centers for Disease Control and Prevention say current research does not show clear harm from cellphone radiation. The National Cancer Institute, which is part of the National Institutes of Health, says that "evidence to date suggests that cellphone use does not cause brain or other kinds of cancer in humans."
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United Kingdom

UK Mulls Australia-Like Social Media Ban For Users Under 16 (engadget.com) 25

The UK government has launched a public consultation on whether to ban social media use for children under 16, drawing inspiration from Australia's recently enacted age-based restrictions. "It would also explore how to enforce that limit, how to limit tech companies from being able to access children's data and how to limit 'infinite scrolling,' as well as access to addictive online tools," reports Engadget. "In addition to seeking feedback from parents and young people themselves, the country's ministers are going to visit Australia to see the effects of the country's social media ban for kids, according to Financial Times."
News

Crypto News Outlet Cointelegraph Loses 80% of Traffic After Google Penalty For Parasitic Blackhat SEO Deal (substack.com) 24

Cointelegraph, once one of the most-visited cryptocurrency news sites, has seen its monthly traffic plummet from roughly 8 million visits to 1.4 million -- an 80% drop in three months -- after Google issued a manual penalty in October 2025 for the outlet's partnership with a blackhat SEO firm that used Cointelegraph's domain authority to promote affiliate links to offshore casinos and betting platforms.

The CEO, who had no prior media experience, proceeded despite warnings from Google earlier in 2025 and repeated objections from the outlet's three most senior editorial staff members throughout the year. The penalty removed Cointelegraph from Google News, Discover and search results entirely; a search for "Cointelegraph" now returns CoinDesk as the top result. Jon Rice, the former editor-in-chief, resigned on December 31st and described the situation as an "existential threat to business."
Businesses

Amazon CEO Jassy Says Tariffs Have Started To 'Creep' Into Prices (cnbc.com) 104

Amazon CEO Andy Jassy said President Donald Trump's sweeping tariffs are starting to be reflected in the price of some items, as sellers weigh how to absorb the shock of the added costs. From a report: Amazon and many of its third-party merchants pre-purchased inventory to try to get ahead of the tariffs and keep prices low for customers, but most of that supply ran out last fall, Jassy said in a Tuesday interview with CNBC's Becky Quick at the World Economic Forum in Davos, Switzerland.

"So you start to see some of the tariffs creep into some of the prices, some of the items, and you see some sellers are deciding that they're passing on those higher costs to consumers in the form of higher prices, some are deciding that they'll absorb it to drive demand and some are doing something in between," Jassy said. "I think you're starting to see more of that impact." The comments are a notable shift from last year, when Jassy said Amazon hadn't seen "prices appreciably go up" a few months after Trump announced wide-ranging tariffs.
Further reading: Americans Are the Ones Paying for Tariffs, Study Finds: Americans, not foreigners, are bearing almost the entire cost of U.S. tariffs, according to new research that contradicts a key claim by President Trump and suggests he might have a weaker hand in a reemerging trade war with Europe.

[...] The new research, published Monday by the Kiel Institute for the World Economy, a well-regarded German think tank, suggests that the impact of tariffs is likely to show up over time in the form of higher U.S. consumer prices. [...] By analyzing $4 trillion of shipments between January 2024 and November 2025, the Kiel Institute researchers found that foreign exporters absorbed only about 4% of the burden of last year's U.S. tariff increases by lowering their prices, while American consumers and importers absorbed 96%.

Earth

Ocean Damage Nearly Doubles the Cost of Climate Change 38

A new study from Scripps Institution of Oceanography finds that factoring ocean damage into climate economics nearly doubles the estimated global cost of climate change, adding close to $2 trillion per year from losses to fisheries, coral reefs, and coastal infrastructure. "It is the first time a social cost of carbon (SCC) assessment -- a key measure of economic harm caused by climate change -- has included damages to the ocean," reports Inside Climate News. From the report: "For decades, we've been estimating the economic cost of climate change while effectively assigning a value of zero to the ocean," said Bernardo Bastien-Olvera, who led the study during his postdoctoral fellowship at Scripps. "Ocean loss is not just an environmental issue, but a central part of the economic story of climate change."

The social cost of carbon is an accounting method for working out the monetary cost of each ton of carbon dioxide released into the atmosphere. "[It] is one of the most efficient tools we have for internalizing climate damages into economic decision-making," said Amy Campbell, a United Nations climate advisor and former British government COP negotiator. Calculations have historically been used by international organizations and state departments like the U.S. Environmental Protection Agency to assess policy proposals -- though a 2025 White House memo from the Trump administration instructed federal agencies to ignore the data during cost-benefit analyses unless required by law. "It becomes politically contentious when deciding whose damages are counted, which sectors are included and most importantly how future and retrospective harms are valued," Campbell said.

Excluding ocean harm, the social cost of carbon is $51 per ton of carbon dioxide emitted. This increases to $97.20 per ton when the ocean, which covers 70 percent of the planet, is included. In 2024, global CO2 emissions were estimated to be 41.6 billion tons, making the 91 percent cost increase significant. Using greenhouse gas emission predictions, the report estimates the annual damages to traditional markets alone will be $1.66 trillion by 2100.
Sci-Fi

Bank of England 'Must Plan For a Financial Crisis Triggered By Aliens' (msn.com) 80

A former Bank of England analyst has urged contingency planning for a potential financial shock if the U.S. government were to confirm the existence of extraterrestrial intelligence. The argument is that "ontological shock" alone could destabilize confidence and trigger crisis dynamics. The Independent reports: [Helen McCaw, who served as a senior analyst in financial security at the UK's central bank and worked for the Bank of England for 10 years until 2012] said politicians and bankers can no longer afford to dismiss talk of alien life, and warned a declaration of this nature could trigger bank collapses. She reportedly said: "The United States government appears to be partway through a multi-year process to declassify and disclose information on the existence of a technologically advanced non-human intelligence responsible for Unidentified Anomalous Phenomena (UAPs)."

"If the UAP proves to be of non-human origin, we may have to acknowledge the existence of a power or intelligence greater than any government and with potentially unknown intentions." Her warning comes as senior American officials have recently indicated their belief in the possibility of alien life. [...] Ms McCaw said: "UAP disclosure is likely to induce ontological shock and provoke psychological responses with material consequences ... There might be extreme price volatility in financial markets due to catastrophising or euphoria, and a collapse in confidence if market participants feel uncertain on how to price assets using any of the familiar methods."

The former Bank of England worker explained there might be a rush towards assets such as gold or other precious metals, and government bonds, which are perceived as "safe." Alternatively, she said precious metals might lose their status as perceived safe assets if people speculate that new space-faring technologies will soon increase the supply of precious metals.
The article cites a recent UFO documentary, The Age of Disclosure, where 34 U.S. government insiders, including those from the military and intelligence community officials, share insights about the governments work with UAP. Per the film's description, the documentary "reveals an 80-year global cover-up of non-human intelligent life and a secret war among major nations to reverse-engineer advanced technology of non-human origin."
United States

A Second US Sphere Could Come To Maryland (theverge.com) 42

Sphere Entertainment plans to build a second U.S. Sphere near Washington, D.C., with a smaller 6,000-seat "mini-Sphere" proposed for National Harbor in Maryland. The venue would retain the signature LED exterior and immersive 4D tech of the Las Vegas Sphere, just at a more compact scale. The Verge reports: The second US sphere would be built in an area known as National Harbor in Prince George's County, Maryland. Located along the Potomac River, National Harbor currently features a convention center, multiple hotels, restaurants, and shops. While Abu Dhabi plans to build a sphere as large as the one in Las Vegas, the National Harbor venue would be one of the first mini-Sphere venues announced last March.

Its capacity would be limited to 6,000 seats instead of over 17,000. But the smaller Sphere would still be hard to miss with an exterior LED exosphere for showcasing the "artistic and branded content" that helped make the original sphere a unique part of the Las Vegas skyline. The inside of the mini-Sphere will feature a high-resolution 16,000 by 16,000 pixel wrap-around screen, the company's immersive sound technology, haptic seating, and "4D environmental effects." For the AI-enhanced version of The Wizard of Oz currently playing in Las Vegas, audiences experience effects like wind, fog, smells, and apples falling from the ceiling.

Books

Nvidia Contacted Anna's Archive To Secure Access To Millions of Pirated Books (torrentfreak.com) 32

An anonymous reader quotes a report from TorrentFreak: NVIDIA executives allegedly authorized the use of millions of pirated books from Anna's Archive to fuel its AI training. In an expanded class-action lawsuit that cites internal NVIDIA documents, several book authors claim (PDF) that the trillion-dollar company directly reached out to Anna's Archive, seeking high-speed access to the shadow library data. [...] Last Friday, the authors filed an amended complaint that significantly expands the scope of the lawsuit. In addition to adding more books, authors, and AI models, it also includes broader "shadow library" claims and allegations. The authors, including Abdi Nazemian, now cite various internal Nvidia emails and documents, suggesting that the company willingly downloaded millions of copyrighted books. The new complaint alleges that "competitive pressures drove NVIDIA to piracy," which allegedly included collaborating with the controversial Anna's Archive library.

According to the amended complaint, a member of Nvidia's data strategy team reached out to Anna's Archive to find out what the pirate library could offer the trillion-dollar company "Desperate for books, NVIDIA contacted Anna's Archive -- the largest and most brazen of the remaining shadow libraries -- about acquiring its millions of pirated materials and 'including Anna's Archive in pre-training data for our LLMs,'" the complaint notes. "Because Anna's Archive charged tens of thousands of dollars for 'high-speed access' to its pirated collections [] NVIDIA sought to find out what "high-speed access" to the data would look like."

According to the complaint, Anna's Archive then warned Nvidia that its library was illegally acquired and maintained. Because the site previously wasted time on other AI companies, the pirate library asked NVIDIA executives if they had internal permission to move forward. This permission was allegedly granted within a week, after which Anna's Archive provided the chip giant with access to its pirated books. "Within a week of contacting Anna's Archive, and days after being warned by Anna's Archive of the illegal nature of their collections, NVIDIA management gave 'the green light' to proceed with the piracy. Anna's Archive offered NVIDIA millions of pirated copyrighted books." The complaint states that Anna's Archive promised to provide NVIDIA with access to roughly 500 terabytes of data. This included millions of books that are usually only accessible through Internet Archive's digital lending system, which itself has been targeted in court. The complaint does not explicitly mention whether NVIDIA ended up paying Anna's Archive for access to the data.

Additionally, it's worth mentioning that NVIDIA also stands accused of using other pirated sources. In addition to the previously included Books3 database, the new complaint also alleges that the company downloaded books from LibGen, Sci-Hub, and Z-Library. In addition to downloading and using pirated books for its own AI training, the authors allege NVIDIA distributed scripts and tools that allowed its corporate customers to automatically download "The Pile", which contains the Books3 pirated dataset.

Electronic Frontier Foundation

Congress Wants To Hand Your Parenting To Big Tech 53

An anonymous reader quotes a report from the Electronic Frontier Foundation (EFF): Lawmakers in Washington are once again focusing on kids, screens, and mental health. But according to Congress, Big Tech is somehow both the problem and the solution. The Senate Commerce Committee held a hearing [Friday] on "examining the effect of technology on America's youth." Witnesses warned about "addictive" online content, mental health, and kids spending too much time buried in screen. At the center of the debate is a bill from Sens. Ted Cruz (R-TX) and Brian Schatz (D-HI) called the Kids Off Social Media Act (KOSMA), which they say will protect children and "empower parents."

That's a reasonable goal, especially at a time when many parents feel overwhelmed and nervous about how much time their kids spend on screens. But while the bill's press release contains soothing language, KOSMA doesn't actually give parents more control. Instead of respecting how most parents guide their kids towards healthy and educational content, KOSMA hands the control panel to Big Tech. That's right -- this bill would take power away from parents, and hand it over to the companies that lawmakers say are the problem. [...] This bill doesn't just set an age rule. It creates a legal duty for platforms to police families. Section 103(b) of the bill is blunt: if a platform knows a user is under 13, it "shall terminate any existing account or profile" belonging to that user. And "knows" doesn't just mean someone admits their age. The bill defines knowledge to include what is "fairly implied on the basis of objective circumstances" -- in other words, what a reasonable person would conclude from how the account is being used. The reality of how services would comply with KOSMA is clear: rather than risk liability for how they should have known a user was under 13, they will require all users to prove their age to ensure that they block anyone under 13.

KOSMA contains no exceptions for parental consent, for family accounts, or for educational or supervised use. The vast majority of people policed by this bill won't be kids sneaking around -- it will be minors who are following their parents' guidance, and the parents themselves. Imagine a child using their parent's YouTube account to watch science videos about how a volcano works. If they were to leave a comment saying, "Cool video -- I'll show this to my 6th grade teacher!" and YouTube becomes aware of the comment, the platform now has clear signals that a child is using that account. It doesn't matter whether the parent gave permission. Under KOSMA, the company is legally required to act. To avoid violating KOSMA, it would likely lock, suspend, or terminate the account, or demand proof it belongs to an adult. That proof would likely mean asking for a scan of a government ID, biometric data, or some other form of intrusive verification, all to keep what is essentially a "family" account from being shut down.

Violations of KOSMA are enforced by the FTC and state attorneys general. That's more than enough legal risk to make platforms err on the side of cutting people off. Platforms have no way to remove "just the kid" from a shared account. Their tools are blunt: freeze it, verify it, or delete it. Which means that even when a parent has explicitly approved and supervised their child's use, KOSMA forces Big Tech to override that family decision. [...] These companies don't know your family or your rules. They only know what their algorithms infer. Under KOSMA, those inferences carry the force of law. Rather than parents or teachers, decisions about who can be online, and for what purpose, will be made by corporate compliance teams and automated detection systems.
United States

The Rise and Fall of the American Monoculture (wsj.com) 66

The American monoculture -- the era when three television networks, seven movie studios, and a handful of record labels determined virtually everything the country watched and heard -- is collapsing under the weight of algorithmic recommendation engines and infinite streaming options. An estimated 200 million tickets were sold for "Gone With the Wind" in 1939 when the U.S. population was 130 million; more than 100 million people watched the MAS*H finale in 1983.

Only three American productions grossed more than $1 billion in 2025, down from nine in 2019. "That broad experience has become a more difficult thing for us studio people to manufacture," said Donna Langley, chairman of NBCUniversal Entertainment. "The audience wants a much better value for their money."

YouTube became the most popular video platform on televisions not by having the hottest shows but by having something for everyone. The internet broke Hollywood's hold on distribution; anyone can now stream to the same devices Disney and Netflix use.
United States

NYSE Eyes 24/7 Tokenized Stock Trading With Weekend Access and Same-Day Settlement (nerds.xyz) 38

BrianFagioli writes: The New York Stock Exchange, owned by Intercontinental Exchange, is developing a platform for trading tokenized versions of U.S. listed stocks and ETFs around the clock, pending regulatory approval. The system would combine the NYSE's existing matching engine with blockchain-based settlement, enabling 24x7 trading, instant settlement, and fractional share purchases priced in dollar amounts. Shares would remain fully regulated securities, with dividends and voting rights intact, rather than cryptocurrencies, even though the backend would run on blockchain-style infrastructure.
China

China Birth Rate Falls To Lowest Since 1949 (theguardian.com) 49

China's birth rate fell to 5.6 per 1,000 people in 2025, the lowest figure since the founding of the People's Republic in 1949, and the country's total population contracted by 3.39 million, the sharpest decline since the Mao Zedong era. The drop marks the fourth straight year of population decline and comes despite government efforts to encourage childbearing, including subsidies of about $500 annually per child born on or after January 1, 2025.

Beijing has also imposed a 13% value-added tax on contraceptives this year. The government is betting on automation and productivity to offset the shrinking workforce -- China already leads the world in robot installations -- and President Xi Jinping has written that population policy must transition "from being mainly about regulating quantity to improving quality."
China

China Consumed 10.4 Trillion Kilowatt-Hours of Electricity In 2025 - Double the US (reuters.com) 182

Slashdot reader hackingbear summarizes this report from Bloomberg: China consumed totally 10.4 trillion kilowatt hours (10.4 petaWh) in 2025 according to data from the National Energy Administration. That's the highest annual electricity use ever recorded by a single country, and doubled the amount used by the US and surpassed the combined annual total of the EU, Russia, India and Japan.

The surge in demand for power are results of growth in data centers for artificial intelligence (+17% over 2024) and use of electric vehicles (+48.8%)... However, on a per-capita basis, China uses about 7,300 kWh per person vs about 13,000 kWh per American.

More details from Reuters: China's mostly coal-based thermal power generation fell in 2025 for the first time in 10 years, government data showed on Monday, as growing renewable generation met growth in electricity demand even as overall power usage hit a record. The data is a positive signal for the decarbonisation of China's power sector as China sets a course for carbon emissions to peak by 2030... Thermal electricity, generated mostly by coal-fired capacity with a small amount from natural gas, fell 1% in 2025 to 6.29 trillion kilowatt-hours (kWh), according to the National Bureau of Statistics (NBS). It fell more sharply in December, down by 3.2%, from a year earlier, the data showed... [Though the article notes that coal output still edged up to a record high last year.]

Hydropower grew at a steady pace, up 4.1% in December and rising 2.8 % for the full year, the NBS data showed. Nuclear power output rose 3.1 in December and 7.7% in 2025, respectively. Thermal power generation is unlikely to accelerate in 2026 as renewables growth continues apace.

Bitcoin

More US States are Putting Bitcoin on Public Balance Sheets (cnbc.com) 36

An anonymous reader shared this report from CNBC: Led by Texas and New Hampshire, U.S. states across the national map, both red and blue in political stripes, are developing bitcoin strategic reserves and bringing cryptocurrencies onto their books through additional state finance and budgeting measures. Texas recently became the first state to purchase bitcoin after a legislative effort that began in 2024, but numerous states have joined the "Reserve Race" to pass legislation that will allow them to ultimately buy cryptocurrencies. New Hampshire passed its crypto strategic reserve law last May, even before Texas, giving the state treasurer the authority to invest up to 5% of the state funds in crypto ETFs, though precious metals such as gold are also authorized for purchase. Arizona passed similar legislation, while Massachusetts, Ohio, and South Dakota have legislation at various stages of committee review...

Similarities in the actions taken across states to date include include authorizing the state treasurer or other investment official to allow the investment of a limited amount of public funds in crypto and building out the governance structure needed to invest in crypto... [New Hampshire] became the first state to approve the issuance of a bitcoin-backed municipal bond last November, a $100 million issuance that would mark the first time cryptocurrency is used as collateral in the U.S. municipal bond market. The deal has not taken place yet, though plans are for the issuance to occur this year... "What's different here is it's bitcoin rather than taxpayer dollars as the collateral," [said University of Chicago public policy professor Justin Marlowe]. In numerous states, including, Colorada, Utah, and Louisiana,crypto is now accepted as payment for taxes and other state business...

"For many in the state/local investing industry, crypto-backed assets are still far too speculative and volatile for public money," Marlowe said. "But others, and I think there's a sort of generational shift in the works, see it as a reasonable store of value that is actually stronger on many other public sector values like transparency and asset integrity," he added.

Public policy professor Marlowe "sees the state-level trend as largely one of signaling at present," according to the article. (Marlowe says "If you're a governor and you want to broadcast that you are amenable to innovative business development in the digital economy, these are relatively low-cost, low-risk ways to send that signal.") But the bigger steps may reflect how crypto advocates have increasing political power in the states. The article notes that the cryptocurrency industry was the largest corporate donor in a U.S. election cycle in 2024, "with support given to candidates on both sides."

"It is already amassing a war chest for the 2026 midterms."
Education

Young US College Graduates Suddenly Aren't Finding Jobs Faster Than Non-College Graduates (msn.com) 91

U.S. college graduates "have historically found jobs more quickly than people with only a high school degree," writes Bloomberg.

"But that advantage is becoming a thing of the past, according to new research from the Federal Reserve Bank of Cleveland." "Recently, the job-finding rate for young college-educated workers has declined to be roughly in line with the rate for young high-school-educated workers, indicating that a long period of relatively easier job-finding prospects for college grads has ended," Cleveland Fed researchers Alexander Cline and BarıÅY Kaymak said in a blog post published Monday. The study follows the latest monthly employment data released on Nov. 20, which showed the unemployment rate for college-educated workers continued to rise in September amid an ongoing slowdown in white-collar hiring... The unemployment rate for people between the ages of 20 to 24 was 9.2% in September, up 2.2 percentage points from a year prior.
There is a caveat. "Young college graduates maintain advantages in job stability and compensation once hired..." the researchers write. "The convergence we document concerns the initial step of securing employment rather than overall labor market outcomes."

Their research includes a graph showing how the "unemployment gap" first increased dramatically after 2010 between college-educated and high school-educated workers, which the researchers attribute to "the prolonged jobless recovery after 2008". But that gap has been closing ever since, with that gap now smaller than at any time since the 1970s.

"Young high school workers are riding the wave of the historically tight postpandemic labor market with well-below-average unemployment compared to that of past high school graduates, while young college workers are experiencing unemployment rates rarely observed among past college cohorts barring during recessions." The labor market advantages conferred by a college degree have historically justified individual investment in higher education and expanding support for college access. If the job-finding rate of college graduates continues to decline relative to the rate for high school graduates, we may see a reversal of these trends. The convergence we document concerns the initial step of securing employment rather than overall labor market outcomes. These details suggest a nuanced shift in employment dynamics, one in which college graduates face greater difficulty finding jobs than previously but maintain advantages compared with high school graduates in job stability and compensation once hired.
Two key quotes:
  • "Declining job prospects among young college graduates may reflect the continued growth in college attainment, adding ever larger cohorts of college graduates to the ranks of job seekers, even though technology no longer favors college-educated workers."
  • "Developments related to AI, which may be affecting job-finding prospects in some cases, cannot explain the decades-long decline in the college job-finding rate."

EU

Hundreds Answer Europe's 'Public Call for Evidence' on an Open Digital Ecosystem Strategy (helpnetsecurity.com) 30

The European Commission "has opened a public call for evidence on European open digital ecosystems," writes Help Net Security, part of preparations for an upcoming Communication "that will examine the role of open source in EU's digital infrastructure." The consultation runs from January 6 to February 3, 2026. Submissions will be used to shape a Commission Communication addressed to the European Parliament, the Council, and other EU bodies, which is scheduled for publication in the first quarter of 2026... The call for evidence links Europe's reliance on digital technologies developed outside the EU to concerns over long term control of infrastructure and software supply chains... Open digital ecosystems are discussed in the context of technological sovereignty and the use of technologies that can be inspected, adapted, and shared.
Long-time Slashdot reader Elektroschock describes it as the European Commission "stepping up its efforts behind open-source software" Building on President von der Leyen's political guidelines, the initiative will review the Commission's 2020-2023 open-source approach and set out concrete actions to strengthen Europe's open-source ecosystem across key areas such as cloud, AI, cybersecurity and industrial technologies. The strategy will be presented alongside the upcoming Cloud and AI Development Act, forming a broader policy package aimed at reducing strategic dependencies and boosting Europe's digital resilience.
And "In just a few days, over 370 submissions have already been filed, indicating that the issue is touching a nerve across the EU," writes CyberNews.com: "Europe must regain control over its software supply chain to safeguard freedom, security, and innovation," suggests an individual from Slovakia. Similar perspectives appear to be widely shared among respondents...

The document doesn't mention US tech giants specifically, but rather aims to support tech sovereignty and seek "digital solutions that are valid alternatives to proprietary ones...."

"This is not a legislative initiative. The strategy will take the form of a Commission communication. The initiative will set out a general approach and will propose: actions relying on further commitments and an implementation process," the EC explains. Policymakers expect the strategy to help EU member states identify the necessary steps to support national open-source companies and communities.

The Almighty Buck

53% of Crypto Tokens Launched Since 2021 Have Failed, Most in 2025 (coindesk.com) 43

=[ "More than half of all cryptocurrencies ever launched are now defunct," reports CoinDesk, citing a new analysis by cryptocurrency data aggregator CoinGecko.

And most of those failures occurred in 2025: The study looked at token listings on GeckoTerminal between mid-2021 and the end of 2025. Of the nearly 20.2 million tokens that entered the market during that period, 53.2% are no longer actively traded. A staggering 11.6 million of those failures happened in 2025 alone — accounting for 86.3% of all token deaths over the past five years.

One key driver behind the surge in dead tokens was the rise of low-effort memecoins and experimental projects launched via crypto launchpads like pump.fun, CoinGecko analyst Shaun Paul Lee said. These platforms lowered the barrier to entry for token creation, leading to a wave of speculative assets with little or no development backing. Many of these tokens never made it past a handful of trades before disappearing.

United States

Two More Offshore Wind Projects in the US Allowed to Continue Construction (reuters.com) 76

Friday a federal judge "cleared U.S. power company Dominion Energy to resume work on its Virginia offshore wind project." But a U.S. federal judge also ruled Thursday that another major offshore wind farm is allowed to resume construction, reports the Hill. "The project, which would supply power to New York, was one of five that were halted by the Trump administration in December...."

In fact, there were three different court rulings this week each allowing construction to continue on a U.S. wind project: Judge Carl Nichols, a Trump appointee, granted a preliminary injunction allowing Empire Wind to keep building... Another, Revolution Wind, was also allowed to move forward in court this week... The project would provide enough power for up to 500,000 homes, according to its website. The court's decision allows construction to resume while the underlying case against the Trump order plays out.
Meanwhile, power company Orsted "is also suing over the pause of its Sunrise Wind project for New York," reports the Associated Press, "with a hearing still to be set." The fifth paused project is Vineyard Wind, under construction in Massachusetts. Vineyard Wind LLC, a joint venture between Avangrid and Copenhagen Infrastructure Partners, joined the rest of the developers in challenging the administration on Thursday.
CNN points out that the Vineyard Wind project "has been allowed to send power to the grid even amid Trump's suspension, a spokesperson for regional grid operator ISO-New England told CNN in an email." Residential customers in the mid-Atlantic region, including Virginia, desperately need more energy to service the skyrocketing demand from data centers â" and many are seeing spiking energy bills while they wait for new power to be brought online.
CNN notes that president Trump said last week "My goal is to not let any windmill be built; they're losers."

The Associated Press adds that "In contrast to the halted action in the US, the global offshore wind market is growing, with China leading the world in new installations. Nearly all of the new electricity added to the grid in 2024 was renewable. The British government said on Wednesday it had secured a record 8.4 gigawatts of offshore wind in Europe's largest offshore wind auction, enough clean electricity to power more than 12m homes."
Education

Dozens of US Colleges Close as Falling Birth Rate Pushes Them Off Enrollment Cliff (bloomberg.com) 146

A new article from Bloomberg says dozens of America's colleges "succumbed to a fundamental problem killing colleges across the US: not enough students. The schools will award their final degrees this spring, stranding students not yet ready to graduate and forcing faculty and staff to hunt for new jobs." The country's tumbling birth rate is pushing schools toward a "demographic cliff," where a steadily dropping population of people in their late teens and early 20s will leave desks and classrooms empty. Many smaller, lesser-known schools like Cazenovia have already hit the precipice. They're firing professors, paring back liberal arts courses in favor of STEM — or closing altogether. Others will likely reach the cliff in the next few years... [T]the US birth rate ticked upward slightly before the 2008 financial crisis, and that brief demographic boost has kept enrollment at larger schools afloat. But the nationwide pool of college-aged Americans is expected to shrink after 2025. Schools face the risk that each incoming class could be smaller than the last. The financial pressure will be relentless...

Since 2020, more than 40 schools have announced plans to close, displacing students and faculty and leaving host towns without a key economic engine... Close to 400 schools could vanish in the coming decade, according to Huron Consulting Group. The projected closures and mergers will impact around 600,000 students and redistribute about $18 billion in endowment funds, Huron estimates... Pennsylvania State University, citing falling enrollment at many of its regional branches, plans to shutter seven of its 20 branch campuses after the spring 2027 semester... [C]ampuses in far-flung places, without brand recognition, are falling out of favor with students already questioning the value of a college degree. For example, while Penn State's flagship University Park campus saw enrollment grow 5% from 2014 to 2024, 12 other Penn State campuses recorded a 35% drop, according to a report tasked with determining whether closures were necessary.

The article notes that "Less than half of students whose schools shut down before they graduate re-enroll in another college or university, according to a 2022 study."

But even at colleges that remain, "The shrinking supply of students has already sparked a frenzied competition for high school seniors..." Some public institutions are letting seniors bypass traditional requirements like essays and letters of recommendation to gain entry automatically... Direct-admission programs, which allow students to skip traditional applications, are one potential response. Some 15 states have them, according to Taylor Odle, assistant professor of educational policy studies at the University of Wisconsin-Madison. He found in a 2022 paper that direct admissions increased first-year undergrad enrollment by 4% to 8%... And they don't require nearly as many paid staff to run, since there are no essays or letters of recommendation to read.

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