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United States

Americans Can Now Renew Passports Online 46

An anonymous reader quotes a report from NPR: The State Department announced Wednesday that its online renewal system is now fully operational, after testing in pilot programs, and available to adult passport holders whose passport has expired within the past five years or will expire in the coming year. It is not available for the renewal of children's passports, for first-time passport applicants for renewal applicants who live outside the United States or for expedited applications. "By offering this online alternative to the traditional paper application process, the Department is embracing digital transformation to offer the most efficient and convenient passport renewal experience possible," Secretary of State Antony Blinken said in a statement. The department said it estimated that about 5 million Americans would be able to use this service a year. In 2023, it processed 24 million passports, about 40% of which were renewals.

Assistant Secretary of State for Consular Affairs Rena Bitter, whose bureau oversees passport processing said the department hoped to expand the program in the coming years to possibly include Americans living abroad, those seeking to renew a second passport and children's passports. "This is not going to be the last thing that we do," she told reporters. "We want to see how this goes and then we'll start looking at ways to continue to make this service available to more American citizens in the coming months and years."
You can renew your passport at www.Travel.State.Gov/renewonline.
Privacy

FTC Study Finds 'Vast Surveillance' of Social Media Users (nytimes.com) 60

The Federal Trade Commission said on Thursday it found that several social media and streaming services engaged in a "vast surveillance" of consumers, including minors, collecting and sharing more personal information than most users realized. From a report: The findings come from a study of how nine companies -- including Meta, YouTube and TikTok -- collected and used consumer data. The sites, which mostly offer free services, profited off the data by feeding it into advertising that targets specific users by demographics, according to the report. The companies also failed to protect users, especially children and teens.

The F.T.C. said it began its study nearly four years ago to offer the first holistic look into the opaque business practices of some of the biggest online platforms that have created multibillion-dollar ad businesses using consumer data. The agency said the report showed the need for federal privacy legislation and restrictions on how companies collect and use data. "Surveillance practices can endanger people's privacy, threaten their freedoms, and expose them to a host of harms, from identify theft to stalking," said Lina Kahn, the F.T.C.'s chair, in a statement.

Power

Kenya, US Sign Historic Pact On Nuclear Plans (the-star.co.ke) 75

Kenya signed a Memorandum of Understanding (MoU) with the U.S. on nuclear technology cooperation during the 2024 IAEA General Conference in Vienna, with the aim of safely integrating nuclear power into Kenya's energy mix by 2035. The agreement focuses on collaboration in nuclear safety, regulatory experience, and research. The Standard reports: The historic pact came a day after Prime Cabinet Secretary Musalia Mudavadi addressed the general session of the conference. Mudavadi had outlined Kenya's ambitious plans to integrate nuclear power into the country's energy mix by 2035, as part of a broader strategy to meet its growing energy demand. Kenya's current installed energy capacity, as of 2023, totals 3,321 MW, with significant contributions from geothermal (863 MW), hydroelectric power (838 MW), wind (436 MW), solar (173 MW), biomass (2 MW), and thermal energy (678 MW). However, despite these sources, the country still faces a shortfall in its energy supply. Experts say nuclear energy will be crucial in addressing this deficit and supporting Kenya's long-term industrialization goals.

The MoU was signed by the Kenya Nuclear Regulatory Authority (KNRA) and the United States Nuclear Regulatory Commission (USNRC), with both parties expressing optimism about the future of nuclear cooperation between the two nations. [...] Areas of cooperation will include sharing of operating experience and regulatory experience, cooperation in joint programs of nuclear safety research and trainings. Kenya, along with several other developing nations, is exploring the potential use of nuclear energy beyond electricity generation, including its applications in health and agriculture. As the country moves forward with its nuclear aspirations, experts highlight the importance of robust regulatory frameworks and international cooperation to ensure the safe and effective deployment.

United States

Apple A16 SoC Now Manufactured In Arizona (appleinsider.com) 51

"Apple has begun manufacturing its A16 SoC at the newly-opened TSCM Fab 21 in Arizona," writes Slashdot reader NoMoreACs. AppleInsider reports: According to sources of Tim Culpan, Phase 1 of TSMC's Fab 21 in Arizona is making the A16 SoC of the iPhone 14 Pro in "small, but significant, numbers. The production is largely a test for the facility at this stage, but more production is expected in the coming months. The volume will ramp up massively once the second stage of the Phase 1 fab actually concludes. If everything stays on schedule, the Arizona plant will hit a target for production sometime in the first half of 2025.

Sources say TSMC is achieving yields that are marginally behind those of Taiwan-based factories. Yield parity is expected to happen within months. TSMC has also raised its investment and moved to build additional plants in Arizona, with three set to be constructed in total. The U.S. Commerce Department previously claimed this will create 6,000 direct manufacturing jobs, on top of an estimated 20,000 construction jobs.

The Almighty Buck

Microsoft and Abu Dhabi's MGX To Back $30 Billion BlackRock AI Infrastructure 12

An anonymous reader quotes a report from Data Center Dynamics: BlackRock plans to launch a new $30 billion artificial intelligence (AI) investment fund focused on data centers and energy projects. Microsoft and Abu Dhabi-backed investment company MGX are general partners of the fund. GPU giant Nvidia will also advise. Run through BlackRock's Global Infrastructure Partners fund, which it acquired for $12.5 billion earlier this year, the 'Global AI Investment Partnership,' plans to raise up to $30 billion in equity investments. Another $70 billion could come via leveraged debt financing. "Mobilizing private capital to build AI infrastructure like data centers and power will unlock a multi-trillion-dollar long-term investment opportunity," said Larry Fink, chairman and CEO of BlackRock. "Data centers are the bedrock of the digital economy, and these investments will help power economic growth, create jobs, and drive AI technology innovation."

Brad Smith, Microsoft's president, added: "The capital spending needed for AI infrastructure and the new energy to power it goes beyond what any single company or government can finance. This financial partnership will not only help advance technology, but enhance national competitiveness, security, and economic prosperity."

Bayo Ogunlesi, CEO of Global Infrastructure Partners, said: "There is a clear need to mobilize significant amounts of private capital to fund investments in essential infrastructure. One manifestation of this is the capital required to support the development of AI. We are highly confident that the combined capabilities of our partnership will help accelerate the pace of investments in AI-related infrastructure."
Youtube

YouTube Launches Communities, a Discord-Like Space For Creators and Fans (techcrunch.com) 14

An anonymous reader quotes a report from TechCrunch: At its Made On YouTube event on Wednesday, the company announced a new dedicated space for creators to interact with their fans and viewers. The space, called "Communities," is kind of like a Discord server built into a creator's channel. With Communities, YouTube is hoping creators won't need to use other platforms like Discord or Reddit in order to interact with viewers. Communities are a space for viewers to post and interact with other fans directly within a creator's channel. In the past, viewers have been limited to leaving comments on a creator's video. Now, they can share their own content in a creator's Community to interact with other fans over shared interests. For instance, a fitness creator's Community could include posts from fans who are sharing videos and photos from their most recent hike.

To start, the feature is only available to subscribers. The company sees Communities as a dedicated space for conversation and connection, while still allowing creators to maintain control over their content. Conversations in Communities are meant to flow over time, YouTube says, as they would in any other forum-style setting. The new Communities feature shouldn't be confused with YouTube's Community feature, which is a space for creators to share text and images with viewers. The feature launched back in 2016, and doesn't allow viewers to interact with each other. YouTube is testing Communities now on mobile devices with a small group of creators. The company plans to test the feature with more creators later this year before expanding access to additional channels in early 2025.

United States

Federal Reserve Cuts Rates By Half a Point and Signals Era of Easing Has Begun (ft.com) 144

The Federal Reserve cut its benchmark interest rate by half a percentage point [non-paywalled source] on Wednesday and signalled more reductions would follow, launching its first easing cycle since the onset of the pandemic. Financial Times: The US central bank's first cut in more than four years leaves the federal funds rate at a range of 4.75 per cent. Michelle Bowman, a governor on the Federal Open Market Committee, voted against the decision, favouring a quarter-point reduction. The half-point cut is larger than the Fed's more customary quarter-point pace and suggests the US central bank is concerned about the prospects of a weakening economy after more than a year of holding rates at a 23-year high.
United States

US Government 'Took Control' of a Botnet Run by Chinese Government Hackers, Says FBI Director (techcrunch.com) 13

An anonymous reader shares a report: Last week, the FBI took control of a botnet made up of hundreds of thousands of internet-connected devices, such as cameras, video recorders, storage devices, and routers, which was run by a Chinese government hacking group, FBI director Christopher Wray and U.S. government agencies revealed Wednesday. The hacking group, dubbed Flax Typhoon, was "targeting critical infrastructure across the U.S. and overseas, everyone from corporations and media organizations to universities and government agencies," Wray said at the Aspen Cyber Summit cybersecurity conference on Wednesday.

"But working in collaboration with our partners, we executed court-authorized operations to take control of the botnet's infrastructure," Wray said, explaining that once the authorities did that, the FBI also removed the malware from the compromised devices. "Now, when the bad guys realized what was happening, they tried to migrate their bots to new servers and even conducted a [Distributed Denial of Service] attack against us."

Earth

Fossil Fuel Companies Sponsor $5.6 Billion in Global 'Sportswashing' Deals (theguardian.com) 57

Fossil fuel companies pumped at least $5.6bn of sponsorship money into motorsports, football, golf and even snow sports in an effort to "buy social licence to operate," according to a new report. From a report: Almost no major spectator sport remains untouched by oil and gas money, according to research carried out by the New Weather Institute (NWI), a climate thinktank, which traced more than 200 sponsorship deals between sports teams and the industry. In addition, sports stars such as Cristiano Ronaldo, Lionel Messi, Tyson Fury and Anthony Joshua have all been successfully recruited to spend time in the Middle East as part of sponsorship deals, the report says.

It comes as concern grows about the fossil fuel industry's increasing efforts to launder its global standing through "sportswashing" -- a practice, long used by nation states, of building associations with sporting events to improve tarnished reputations. In 2023, Mohammed bin Salman, the crown prince of Saudi Arabia, said: "If sportswashing is going to increase my GDP by 1%, then we'll continue doing sportswashing." According to NWI's Dirty Money report, Aramco, Saudi Arabia's national oil company, was the biggest single investor in sports sponsorship identified by NWI's report, handing out almost $1.3bn across 10 deals. The petrochemical company Ineos was second, with $777m in sponsorship deals; Shell had sponsored sports to the tune of $470m; and TotalEnergies, France's leading oil company, had $340m in deals.

News

Walkie-Talkies, Solar Energy Systems Explode Across Lebanon in Second Wave After Pager Attack (axios.com) 482

An anonymous reader shares a report: Israel blew up thousands of two-way personal radios used by Hezbollah members in Lebanon in a second wave of an intelligence operation that started on Tuesday with the explosions of pager devices, two sources with knowledge of the operation told Axios. The second wave of clandestine attacks is another serious security breach in Hezbollah's ranks and increases the pressure on the militant Lebanese group.

Lebanon's official news agency reported that at least three people were killed and dozens wounded in the explosions across the country. The walkie-talkies were booby-trapped in advance by Israeli intelligence services and then delivered to Hezbollah as part of the militia's emergency communications system, which was supposed to be used during a war with Israel, the sources said.
Associated Press reports: Lebanon's official news agency reports that solar energy systems exploded in homes in several areas of Beirut and in southern Lebanon, wounding at least one girl.
Youtube

YouTube Will Use AI To Generate Ideas, Titles, and Even Full Videos 30

YouTube has announced a series of AI-related features on the platform, including a couple that might change how creators make videos -- and the videos they make. From a report: The first feature is the new Inspiration tab in the YouTube Studio app, which YouTube has been testing in a limited way over the last few months. The tab's job is, essentially, to tell you what to make: the AI-powered tool will suggest a concept for a video, provide a title and a thumbnail, and even write an outline and the first few lines of the video for you. YouTube frames it as a helpful brainstorming tool but also acknowledges that you can use it to build out entire projects. And I'm just guessing here, but I'd bet those AI-created ideas are going to be pretty darn good at gaming the YouTube algorithm.

Once you have some AI inspiration, you can make some AI videos with Veo, the superpowerful DeepMind video model that is now being integrated into YouTube Shorts. Veo is mostly going to be part of the "Dream Screen" feature YouTube has been working on, which is an extension of the green screen concept but with AI-generated backgrounds of all sorts. You'll also be able to make full Veo videos, too, but only with clips up to six seconds long. (After a few seconds, AI video tends to get... really weird.)
News

Exploding Pagers Injure Thousands Across Lebanon 751

Wireless communication pagers, carried by thousands, exploded around the same time across Lebanon on Tuesday, injuring over 2,700 people and killing eight, in what security experts suspect was a sophisticated Israeli intelligence operation. New York Times: Hundreds of pagers blew up at the same time across Lebanon on Tuesday in an apparently coordinated attack that killed eight people and injured more than 2,700, health officials said on Tuesday. [...] Hezbollah said that pagers belonging to its members had exploded and accused Israel of being behind the attack. The Israeli military declined to comment.

[...] Three officials briefed on the attack said that it had targeted hundreds of pagers belonging to Hezbollah operatives who have used such devices for years to make it harder for their messages to be intercepted. The devices were programmed to beep for several seconds before exploding, according to the officials, who spoke on the condition of anonymity because of the sensitivity of the matter.
Further reading: Reuters; CNN; NPR; Fox News; and WSJ.

Edward Snowden said, "If it were iPhones that were leaving the factory with explosives inside, the media would be a hell of a lot faster to cotton on to what a horrific precedent has been set today. Nothing can justify this. It's a crime. A crime. And everyone in the world is less safe for it."
Businesses

FDIC Unveils Rule Forcing Banks To Keep Fintech Customer Data in Aftermath of Synapse Debacle (cnbc.com) 5

The Federal Deposit Insurance Corp. on Tuesday proposed a new rule forcing banks to keep detailed records for customers of fintech apps after the failure of tech firm Synapse resulted in thousands of Americans being locked out of their accounts. From a report: The rule, aimed at accounts opened by fintech firms that partner with banks, would make the institution maintain records of who owns it and the daily balances attributed to the owner, according to an FDIC memo. Fintech apps often lean on a practice where many customers' funds are pooled into a single large account at a bank, which relies on either the fintech or a third party to maintain ledgers of transactions and ownership.

That situation exposed customers to the risk that the nonbanks involved would keep shoddy or incomplete records, making it hard to determine who to pay out in the event of a failure. That's what happened in the Synapse collapse, which impacted more than 100,000 users of fintech apps including Yotta and Juno. Customers with funds in these "for benefit of" accounts have been unable to access their money since May.

United Kingdom

UK Business Secretary Says Right To Work From Home Boosts Productivity (bbc.com) 62

Bruce66423 writes: Allowing flexible working and working from home creates a more productive, loyal workforce, the business secretary has said. In an interview with the Times, Jonathan Reynolds said employers "need to judge people on outcomes and not a culture of presenteeism." Labour is poised to unveil its Employment Rights Bill, which includes measures such as a right to "disconnect" outside working hours, a ban on zero-hours contracts and allowing workers to compress their contracted hours into fewer working days.

Business groups have raised concerns about the plans, warning it could push up the cost of hiring staff and have the unintended consequence of ending overtime. However, Reynolds said Labour's plans to address workers' rights should not be alarming for business leaders. Since April, workers have had the right -- introduced under the previous government -- to ask for flexible working as soon as they start a job, but firms do not have to agree.

Youtube

In US v. Google, YouTube's CEO Defends the Google Way (theverge.com) 29

Google's acquisition strategy in online advertising has come under scrutiny in the U.S. antitrust trial against the tech giant. Neal Mohan, YouTube CEO and former Google ad executive, defended the company's purchases of DoubleClick and Admeld, saying they were aimed at competing, not neutralizing rivals.

The Justice Department alleges Google built an impenetrable ad empire by owning key parts of the ad tech stack, stifling competition. Prosecutors pointed to internal emails discussing "parking" acquired companies, which they argue shows intent to sideline competitors. Mohan countered that "parking" meant allowing acquired firms to operate independently while integrating with Google's technology.
Bitcoin

The Trumps Have Gone Full Crypto With World Liberty Financial (wired.com) 141

An anonymous reader quotes a report from Wired: Eric and Donald Trump Jr., the sons of former president Donald Trump, have pledged to "make finance great again" with a new family-run crypto endeavor called World Liberty Financial. Introduced in a meandering livestream on X Monday, the Trump family and their associates described World Liberty Financial as a crypto platform that would let users conduct transactions without a bank sitting in the middle and extracting fees -- a concept known as decentralized finance, or DeFi. While short on details, Donald Trump, Jr. and Eric Trump both stressed repeatedly that World Liberty Financial's primary goal was to make DeFi more broadly accessible. "It's truly our job to make it understandable," said Eric Trump during the livestream. "We have to make it intuitive, we have to make it user-friendly, and we will." Former President Donald Trump joined the call as well, stressing his pro-crypto stance. "I do believe in it," said Trump of cryptocurrency generally. "It has a chance to really be something special."

The Trumps aren't alone in leading World Liberty Financial. They're joined by crypto veterans Chase Herro and Zak Folkman, as well as Steve Witkoff, a real estate investor and friend of Donald Trump's. In addition to the platform itself, World Liberty Financial will come with a governance token, WLFI, which will provide owners the right to vote "on matters of the platform." Approximately 63 percent of the tokens will be sold to the public; 17 percent are set aside for user rewards, and 20 percent will be reserved for World Liberty Financial team compensation. [...] World Liberty Financial will face steep competition in a DeFi market already crowded with similar services, among them Aave, Compound, Venus Protocol, and others. "DeFi is pretty mature, especially on the over-collateralized side," says Zach Hamilton, founder of crypto startup Sarcophagus and venture partner at VC firm Venture51. But the Trumps need not necessarily do anything novel, if they can capitalize on their mammoth public platform to peddle the new venture. "[World Liberty Financial] is launching with the most free marketing that any crypto company could ever get," says Hamilton. "Trump is the king of living rent free in people's minds."
"I welcome any effort to bring DeFi into the mainstream," says Brad Harrison, CEO of Venus Protocol. "But like the autopilot in a Tesla, DeFi may give the appearance of something that's simple, but the inner workings are complex. Without a solid grasp of its nuances in the hands of seasoned technologists and financial engineers, a new platform risks being more of a branding exercise than a substantive and safe contribution to the space."
Earth

Google Backs Privately Funded Satellite Constellation For Wildfire Detection 33

Google's philanthropic arm is partially funding a new initiative that "aims to deploy more than 50 small satellites in low-Earth orbit to pinpoint flare-ups as small as a classroom anywhere in the world," reports Ars Technica. From the report: The FireSat constellation, managed by a nonprofit called Earth Fire Alliance (EFA), will be the first satellite fleet dedicated to detecting and tracking wildfires. Google announced a fresh investment of $13 million in the FireSat constellation Monday, building on the tech giant's previous contributions to support the development of custom infrared sensors for the FireSat satellites. Google's funding commitment will maintain the schedule for the launch of the first FireSat pathfinder satellite next year, EFA said. The first batch of satellites to form an operational constellation could launch in 2026.

The FireSat satellites will be built by Muon Space, a California-based satellite manufacturing startup. Each of the Muon Space-built microsatellites will have six-band multispectral infrared instruments, eyeing a swath of Earth some 900 miles (1,500 kilometers) wide, to pinpoint hotspots from wildfires. The satellites will have the sensitivity to find wildfires as small as 16 by 16 feet (5 by 5 meters). The network will use Google AI to rapidly compare observations ofany area of this size with previous imagery to determine if there is a fire, according to Google. AI will also take into account factors like nearby infrastructure and local weather in each fire assessment.

Google said it validated its detection model for smaller fires and established a baseline dataset for the AI by flying sensors over controlled burns. FireSat's partners announced the constellation in May after five years of development. The Environmental Defense Fund, the Moore Foundation, and the Minderoo Foundation also support the FireSat program. After detecting a wildfire, it's crucial for FireSat to quickly disseminate the location and size of a fire to emergency responders. With the first three satellites, the FireSat constellation will observe every point on Earth at least twice per day. "At full capability with 50+ satellites, the revisit times for most of the globe improve to 20 minutes, with the most wildfire-prone regions benefitting from sampling intervals as short as nine minutes," Muon Space said in a statement.
"Today's announcement marks a significant milestone and step towards transforming the way we interact with fire," Earth Fire Alliance said in a statement. "As fires become more intense, and spread faster, we believe radical collaboration is key to driving much needed innovation in fire management and climate action."
AI

AI Pioneers Call For Protections Against 'Catastrophic Risks' 69

An anonymous reader quotes a report from the New York Times: Scientists who helped pioneer artificial intelligence are warning that countries must create a global system of oversight to check the potentially grave risks posed by the fast-developing technology. The release of ChatGPT and a string of similar services that can create text and images on command have shown how A.I. is advancing in powerful ways. The race to commercialize the technology has quickly brought it from the fringes of science to smartphones, cars and classrooms, and governments from Washington to Beijing have been forced to figure out how to regulate and harness it. In a statement on Monday, a group of influential A.I. scientists raised concerns that the technology they helped build could cause serious harm. They warned that A.I. technology could, within a matter of years, overtake the capabilities of its makers and that "loss of human control or malicious use of these A.I. systems could lead to catastrophic outcomes for all of humanity."

If A.I. systems anywhere in the world were to develop these abilities today, there is no plan for how to rein them in, said Gillian Hadfield, a legal scholar and professor of computer science and government at Johns Hopkins University. "If we had some sort of catastrophe six months from now, if we do detect there are models that are starting to autonomously self-improve, who are you going to call?" Dr. Hadfield said. On Sept. 5-8, Dr. Hadfield joined scientists from around the world in Venice to talk about such a plan. It was the third meeting of the International Dialogues on A.I. Safety, organized by the Safe AI Forum, a project of a nonprofit research group in the United States called Far.AI. Governments need to know what is going on at the research labs and companies working on A.I. systems in their countries, the group said in its statement. And they need a way to communicate about potential risks that does not require companies or researchers to share proprietary information with competitors. The group proposed that countries set up A.I. safety authorities to register the A.I. systems within their borders. Those authorities would then work together to agree on a set of red lines and warning signs, such as if an A.I. system could copy itself or intentionally deceive its creators. This would all be coordinated by an international body.

Among the signatories was Yoshua Bengio, whose work is so often cited that he is called one of the godfathers of the field. There was Andrew Yao, whose course at Tsinghua University in Beijing has minted the founders of many of China's top tech companies. Geoffrey Hinton, a pioneering scientist who spent a decade at Google, participated remotely. All three are winners of the Turing Award, the equivalent of the Nobel Prize for computing. The group also included scientists from several of China's leading A.I. research institutions, some of which are state-funded and advise the government. A few former government officials joined, including Fu Ying, who had been a Chinese foreign ministry official and diplomat, and Mary Robinson, the former president of Ireland. Earlier this year, the group met in Beijing, where they briefed senior Chinese government officials on their discussion.
United States

US Government Expands Sanctions Against Spyware Maker Intellexa (techcrunch.com) 12

The U.S. government said Monday that it has issued fresh financial sanctions against five individuals and a corporate entity associated with spyware-making consortium Intellexa, months after the government sanctioned its founder. From a report: In its latest statement, the U.S. Treasury said it sanctioned the five people, including senior Intellexa executives and associates, who are alleged to be involved in the sale of Intellexa's phone spyware, dubbed Predator, to authoritarian governments. Predator can be used to hack into fully patched phones nearly invisibly, allowing the organization that deployed the spyware to obtain complete access to the target's device, including their private messages and real-time location. The Treasury said the spyware has been used to target U.S. government officials, journalists, and opposition politicians.

The sanctions include Felix Bitzios, who owns an Intellexa consortium company that the Treasury says was used to supply Predator spyware to an unnamed foreign government; Merom Harpaz and Panagiota Karaoli, who hold senior positions in Intellexa's corporate structure, according to the Treasury; and Andrea Nicola Constantino Hermes Gambazzi, who the Treasury says was involved in processing transactions for companies within Intellexa's consortium. The Treasury added that the Aliada Group, a company based in the British Virgin Islands and a member of the Intellexa group of companies, was also sanctioned for enabling tens of millions of dollars in transactions for the spyware-making consortium. A senior U.S. government official told reporters during a background call on Monday that the latest round of sanctions were part of the government's ongoing effort to target the commercial spyware industry. The U.S. official said the government was tracking money flows and movements to determine what entities might be trying to avoid or circumvent the sanctions.

Open Source

Changing Open Source Licenses to Proprietary? Study Finds 'No Clear Link' to Increased Company Value (devclass.com) 25

An anonymous reader shared this report from DevClass: A report from developer-focused analyst Redmonk finds "there does not seem to be a clear link between moving from an open source to proprietary license and increasing the company's value."

Senior analyst Rachel Stevens studied the question of whether the companies that changed from open source to proprietary licenses have since reported better financial positions. In particular, she looked at MongoDB, which changed from AGPL (GNU Affero General Public License) to its SSPL (Server Side Public License) in 2018; Elastic Co, which changed from Apache 2 to SSPL or Elastic License in early 2021; HashiCorp, which changed from MPL (Mozilla Public License 2.0) a year ago, and Confluent, which checked from Apache 2 to its own Confluent Community License in 2018.

The report is too recent to take account of Elastic's reversion to AGPL; and the financial impact of that is of course yet to be known, though it is perhaps unlikely that the switch back would have been made if the company considered it detrimental to its finances. Rather, Elastic's latest licensing change reinforces the view that proprietary licenses are not necessarily more profitable... All the companies studied increased their revenue after their license change, Stevens said, but added that the rate of change was similar to that before the change...

MongoDB stated in 2018 that "once an open source project becomes interesting or popular, it becomes too easy for the cloud vendors to capture all the value and give nothing back to the community." Six years later, it remains the case that the large cloud vendors are highly profitable, but that these companies who changed their license are not. In February this year, Bruce Perens, creator of the 1998 Open Source Definition, described open source as "a great corporate welfare program" and not at all what he had intended...

The new Redmonk report suggests that such license manoeuvres are neither fatal nor beneficial to the finances of the companies involved — though there are so many caveats that it is impossible to draw firm conclusions.

The report's final sentence concludes that "there does not seem to be a clear link between moving from an open source to proprietary license and increasing the company's value."

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