Earth

Dinosaurs Were Thriving Until Asteroid Struck, Research Suggests (theguardian.com) 39

An anonymous reader quotes a report from The Guardian: Dinosaurs would not have become extinct had it not been for a catastrophic asteroid strike, researchers have said, challenging the idea the animals were already in decline. About 66 million years ago, during the late Cretaceous period, a huge space rock crashed into Earth, triggering a mass extinction that wiped out all dinosaurs except birds. However, some experts have argued the dinosaurs were already in decline. Now researchers say the dating of a rock formation in New Mexico throws doubt on that idea, suggesting dinosaurs were thriving until the fateful impact.

Dr Andrew Flynn, the first author of the research at New Mexico State University, said: "I think based on our new study that shows that, at least in North America, they weren't going towards extinction." Writing in the journal Science, Flynn and colleagues report how they dated a unit of rock called the Naashoibito Member in the San Juan basin using two methods. Flynn said the perception that overall dinosaur diversity was falling before the asteroid hit could be a result of there being fewer exposed rocks, and hence fossils, dating to the end of the Cretaceous period than earlier in the epoch. "It looks like, as far as we can tell, there's no reason they should have gone extinct except for [the] asteroid impact," he said.

Government

Trump Eyes Government Control of Quantum Computing Firms (arstechnica.com) 109

An anonymous reader quotes a report from Ars Technica: Donald Trump is eyeing taking equity stakes in quantum computing firms in exchange for federal funding, The Wall Street Journal reported. At least five companies are weighing whether allowing the government to become a shareholder would be worth it to snag funding that the Trump administration has "earmarked for promising technology companies," sources familiar with the potential deals told the WSJ.

IonQ, Rigetti Computing, and D-Wave Quantum are currently in talks with the government over potential funding agreements, with minimum awards of $10 million each, some sources said. Quantum Computing Inc. and Atom Computing are reportedly "considering similar arrangements," as are other companies in the sector, which is viewed as critical for scientific advancements and next-generation technologies. No deals have been completed yet, sources said, and terms could change as quantum-computing firms weigh the potential risks of government influence over their operations. [...]

The administration will lean on Deputy Commerce Secretary Paul Dabbar to extend Trump's industry meddling into the quantum computing world, the WSJ reported. A former Energy Department official, Dabbar co-founded Bohr Quantum Technology, which specializes in quantum networking systems that the DOE expects will help "create new opportunities for scientific discovery." While the firm he previously headed won't be eligible for funding, Dabbar will be leading industry discussions, the WSJ reported, likely hyping Trump's deals as a necessary boon to ensure US firms dominate in quantum computing.
A Commerce Department official denied the claims, saying: "The Commerce Department is not currently negotiating equity stakes with quantum computing companies."

In August, the Trump administration took a 10% stake in Intel to help fund factories that Intel is currently building in Ohio.
The Courts

Apple Loses Landmark UK Lawsuit Over App Store Commissions (reuters.com) 14

A UK tribunal ruled that Apple abused its dominant position by charging app developers unfair commissions through its App Store, potentially costing the company hundreds of millions in damages. It marks the first major tech "class action" victory under the UK's collective lawsuit regime. Reuters reports: The Competition Appeal Tribunal (CAT) ruled against Apple after a trial of the lawsuit, which was brought on behalf of millions of iPhone and iPad users in the United Kingdom. The CAT ruled that Apple had abused its dominant position from October 2015 until the end of 2020 by shutting out competition in the app distribution market and by "charging excessive and unfair prices" as commission to developers.

Apple -- which has faced mounting pressure from regulators in the U.S. and Europe over the fees it charges developers -- said it would appeal against the ruling, which it said "takes a flawed view of the thriving and competitive app economy." The case had been valued at around $2 billion by those who brought it. A hearing next month will decide how damages are calculated and Apple's application for permission to appeal.
"This ruling overlooks how the App Store helps developers succeed and gives consumers a safe, trusted place to discover apps and securely make payments," an Apple spokesperson said.
AI

McKinsey Says Bank Profits Face Possible $170 Billion AI Hit (mckinsey.com) 26

Banks face a hit to their bottom lines of as much as $170 billion if they don't adapt their business models to respond to customers turning to AI to optimize their finances. From a report: The consultancy firm predicted that customer uptake of agentic AI -- effectively autonomous bots -- would hit the profits banks earn from customer money in low interest accounts, according to a report from McKinsey published Thursday. "Imagine you have an AI agent that says: 'Hey, you could save $2,000-a-year by moving your money,'" Pradip Patiath, a senior partner at McKinsey, said. "It automates a lot of the inertia that is in the system today."

Consumers hold $23 trillion out of a total of $70 trillion in accounts with close to zero interest rates, while the remainder is held in accounts that often pay relatively low rates, according to the research. Customer use of AI agents could lead to a 9% profit drop for banks, some $170 billion, if they do not change their business models. That could push average returns for banks below their cost of capital, the consultants said.

Earth

Overshooting 1.5C Climate Target 'Inevitable': UN Chief (nzherald.co.nz) 78

UN Secretary-General Antonio Guterres says it is now clear that efforts to cap global warming at 1.5C above pre-industrial levels will fail in the short term. AFP: Before next month's COP30 climate summit in Brazil, Guterres said going beyond 1.5C would result in "devastating" yet predictable impacts. "One thing is already clear: we will not be able to contain the global warming below 1.5C in the next few years," Guterres said at the UN's World Meteorological Organisation (WMO) weather and climate agency in Geneva.

"Overshooting is now inevitable. Which means that we're going to have a period, bigger or smaller, with higher or lower intensity, above 1.5C in the years to come." However, if leaders start taking the problem seriously by driving towards net zero greenhouse gas emissions, "the 1.5 still remains -- according to all the scientists I met -- possible before the end of the century."

AI

Detection Firm Finds 82% of Herbal Remedy Books on Amazon 'Likely Written' By AI (theguardian.com) 42

An anonymous reader shares a report: With gingko "memory-boost tinctures," fennel "tummy-soothing syrups" and "citrus-immune gummies," AI "slop" has come for herbalism, a study published by a leading AI-detection company has found. Originality.ai, which offers its tools to universities and businesses, says it scanned 558 titles published in Amazon's herbal remedies subcategory between January and September this year, and found 82% of the books "were likely written" by AI.

"This is a damning revelation of the sheer scope of unlabelled, unverified, unchecked, likely AI content that has completely invaded [Amazon's] platform," wrote Michael Fraiman, author of the study. "There's a huge amount of herbal research out there right now that's absolutely rubbish," said Sue Sprung, a medical herbalist in Liverpool. "AI won't know how to sift through all the dross, all the rubbish, that's of absolutely no consequence. It would lead people astray."

United States

American E-waste is Causing a 'Hidden Tsunami' in Southeast Asia, Report Says (nbcnews.com) 70

Millions of tons of discarded electronics from the United States are being shipped overseas, much of it to developing countries in Southeast Asia unprepared to safely handle hazardous waste, according to a new report by an environmental watchdog. AP: The Seattle-based Basel Action Network, or BAN, said a two-year investigation found at least 10 U.S. companies exporting used electronics to Asia and the Middle East, in what it says is a "hidden tsunami" of electronic waste. "This new, almost invisible tsunami of e-waste, is taking place ... padding already lucrative profit margins of the electronics recycling sector while allowing a major portion of the American public's and corporate IT equipment to be surreptitiously exported to and processed under harmful conditions in Southeast Asia," the report said.

Electronic waste, or e-waste, includes discarded devices like phones and computers containing both valuable materials and toxic metals like lead, cadmium and mercury. As gadgets are replaced faster, global e-waste is growing five times quicker than it's formally recycled. The world produced a record 62 million metric tons in 2022. That's expected to climb to 82 million by 2030, according to the United Nations' International Telecommunication Union and its research arm, UNITAR.

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