Government

US Plans 1:1 Chip Production Rule To Curb Overseas Reliance (reuters.com) 45

The U.S. is considering a rule requiring chipmakers to match the volume of semiconductors that their customers currently import from overseas providers through domestic production, or face tariffs. Reuters reports: President Donald Trump has doubled down on his efforts to reshore semiconductor manufacturing, offering exemptions from tariffs of roughly 100% on chips to firms that produce domestically. Companies that fail to sustain a 1:1 domestic-to-import ratio over time would face tariffs, the Journal said. U.S. Commerce Secretary Howard Lutnick floated the idea with semiconductor executives, telling them it might be necessary for economic security, the Journal said.

"America cannot be reliant on foreign imports for the semiconductor products that are essential for our national and economic security," the newspaper cited White House spokesperson Kush Desai as saying, who added that any reporting about policymaking should be treated as speculative, unless officially announced. [...] Under the proposal, a company pledging to make chips in the U.S. would receive credit for that pledged volume, allowing imports without tariffs until the plant is complete, with initial relief to help ramp capacity, according to the report.

China

Chinese Hackers Breach US Software and Law Firms Amid Trade Fight (cnn.com) 3

An anonymous reader quotes a report from CNN: A team of suspected Chinese hackers has infiltrated US software developers and law firms in a sophisticated campaign to collect intelligence that could help Beijing in its ongoing trade fight with Washington, cybersecurity firm Mandiant said Wednesday. The hackers have been rampant in recent weeks, hitting the cloud-computing firms that numerous American companies rely on to store key data, Mandiant, which is owned by Google, said. In a sign of how important China's hacking army is in the race for tech supremacy, the hackers have also stolen US tech firms' proprietary software and used it to find new vulnerabilities to burrow deeper into networks, according to Mandiant.

[...] In some cases, the hackers have lurked undetected in the US corporate networks for over a year, quietly collecting intelligence, Mandiant said. The disclosure comes after the Trump administration escalated America's trade war with China this spring by slapping unprecedented tariffs on Chinese exports to the United States. The tit-for-tat tariffs set off a scramble in both governments to understand each other's positions. Mandiant analysts said the fallout from the breaches -- the task of kicking out the hackers and assessing the damage -- could last many months. They described it as a milestone hack, comparable in severity and sophistication to Russia's use of SolarWinds software to infiltrate US government agencies in 2020.

Earth

Big Trees in Amazon More Climate-Resistant Than Previously Believed (theguardian.com) 28

The biggest trees in the Amazon are growing larger and more numerous, according to a new study that shows how an intact rainforest can help draw carbon dioxide out of the atmosphere and sequester it in bark, trunk, branch and root. From a report: Scientists said the paper, published in Nature Plants on Thursday, was welcome confirmation that big trees are proving more climate resilient than previously believed, and undisturbed tropical vegetation continues to act as an effective carbon sink despite rising temperatures and strong droughts.

However, the authors warned this vital role was increasingly at risk from fires, fragmentation and land clearance caused by the expansion of roads and farms. "It is good news but it is qualified good news," said Prof Oliver Phillips from the University of Leeds. "Our results apply only to intact, mature forests, which is where we are watching closely. They suggest the Amazon forest is remarkably resilient to climate change. My fear is that may count for little, unless we can stop the deforestation itself."

United Kingdom

New Digital ID Will Be Mandatory To Work in the UK (bbc.com) 76

Digital ID will be mandatory in order to work in the UK, as part of plans to tackle illegal migration. From a report: Sir Keir Starmer said the new digital ID scheme would make it tougher to work in the UK illegally and offer "countless benefits" to citizens. However, opposition parties argued the proposals would not stop people crossing the Channel in small boats.

The prime minister set out his plans in a broader speech to a gathering of world leaders, in which he said it had been "too easy" for people to work illegally in the UK because the centre-left had been "squeamish" about saying things that were "clearly true."

Addressing the Global Progressive Action Conference in London - attended by politicians including Australian Prime Minister Anthony Albanese and Canadian Prime Minister Mark Carney - Sir Keir said it was time to "look ourselves in the mirror and recognise where we've allowed our parties to shy away from people's concerns."

"It is not compassionate left-wing politics to rely on labour that exploits foreign workers and undercuts fair wages," he said. "The simple fact is that every nation needs to have control over its borders. We do need to know who is in our country."

United States

Did the US Successfully Take Over TikTok, Or Not? (apnews.com) 51

Longtime Slashdot reader hackingbear writes: President Donald Trump signed an executive order Thursday that he says will allow TikTok to continue operating in the United States in a way that meets national security concerns. Trump's order will enable an American-led of group of investors to "buy the app" (up to 80% ownership) from China's ByteDance, though the deal is not yet finalized and also requires China's approval. However, much about the deal is still unknown. So, did the U.S. successfully snatch TikTok from ByteDance? It is probably up to individual's interpretation.

As with any deals between U.S. and China, the devil is in the details. According Shen Yi, an internet influencer and a professor at Shanghai's Fudan University, what the U.S. investor will eventually take control of is an entity known as TikTok U.S. Data Security Company ("USDS"), which is a subsidiary of TikTok U.S. and is exclusively responsible to handle data security in the U.S.. ByteDance will continue, through its U.S. subsidiary "ByteDance TikTok U.S. Company," to operate business and other related activities (such as e-commerce, advertising for brands, and cross-border commercial activities). It is important to stress that "Byte TikTok U.S. Company" remains 100% owned by ByteDance through its global TikTok subsidiary -- this arrangement has not changed. The TikTok algorithm remains the property of ByteDance, only licensed to USDS for use. This point was in fact explicitly clarified by a relevant official of China's Cyberspace Administration at the press conference following the Madrid talks.

After reaching the TikTok deal, Beijing and Washington are now selling it to their respective domestic audience, each highlighting the part of the deal that it can characterize as a win. Shen's details are not in conflict with the widely-reported account given by Karoline Leavitt, the White House Press Secretary, who emphasized "a new board with six American directors out of seven." Observers can also find the TikTok arrangement being very similar to that of Apple's iCloud operation in China being run by GCBD (AIPO Cloud (Guizhou) Technology Co. Ltd.) while Apple retain controls of the brand and business.

Bitcoin

European Banks To Launch Euro Stablecoin In Bid To Counter US Dominance (reuters.com) 33

Nine major European banks are creating a Netherlands-based company to launch a euro-backed stablecoin in 2026, aiming to counter U.S. dominance in the digital token market. Reuters reports: While global stablecoin issuance stands at nearly $300 billion, euro-denominated stablecoins totalled just $620 million, according to figures released last week by the Bank of Italy, with dollar-pegged tokens overwhelmingly dominant. "The initiative will provide a real European alternative to the U.S.-dominated stablecoin market, contributing to Europe's strategic autonomy in payments," the banks said. They launched the effort, which they said will create a token that can be used for quick, low-cost payments and settlements, even as the European Central Bank voices scepticism over stablecoins.

ECB President Christine Lagarde in June told European policymakers that privately issued stablecoins posed risks for monetary policy and financial stability. As a safer alternative, she has urged European lawmakers to introduce legislation backing the launch of a digital version of the EU's single currency. Some commercial banks, however, have pushed back against the introduction of a digital euro, fearing that it would empty their coffers as customers transfer cash out of banks and into the safety of an ECB-guaranteed wallet. In addition to ING and UniCredit, the other banks participating in the new company include Banca Sella, KBC, DekaBank, Danske Bank, SEB, Caixabank, and Raiffeisen Bank International. They said that others could join the initiative, and a CEO for the company would be appointed soon.
According to a recent report by Deutsche Bank, emerging market economies are adopting dollar-based stablecoins to replace local deposits and cash. "This has created a global monetary dilemma: countries should adopt stablecoins or risk being left behind. Europe is under particular pressure."
AI

OpenAI Launches ChatGPT Pulse To Proactively Write You Morning Briefs 17

OpenAI introduced Pulse, a new ChatGPT feature that generates five to ten personalized daily reports overnight for Pro users on its $200/month plan. The goal is to eventually expand beyond summaries to agent-like tasks. TechCrunch reports: Pulse offers users five to 10 briefs that can get them up to speed on their day and is aimed at encouraging users to check ChatGPT first thing in the morning -- much like they would check social media or a news app. "We're building AI that lets us take the level of support that only the wealthiest have been able to afford and make it available to everyone over time," said OpenAI's new CEO of Applications, Fidji Simo, in a blog post. "And ChatGPT Pulse is the first step in that direction -- starting with Pro users today, but with the goal of rolling out this intelligence to all."

Starting Thursday, OpenAI will roll out Pulse for subscribers to its $200-a-month Pro plan, for whom it will appear as a new tab in the ChatGPT app. The company says it would like to launch Pulse to all ChatGPT users in the future, with Plus subscribers to get access soon, but it first needs to make the product more efficient. Pulse's reports can be roundups of news articles on a specific topic -- like updates on a specific sports team -- as well as more personalized briefs based on a user's context.
Ruby

Open Source Turmoil: RubyGems Maintainers Kicked Off GitHub 74

Ruby Central, a non-profit organization committed to "driving innovation and building community within the Ruby programming ecosystem since 2001," removed all RubyGems maintainers from the project's GitHub repository on September 18, granting administrative access exclusively to its employees and contractors following alleged pressure from Shopify, one of its biggest backers, according to Ruby developer Joel Drapper. The nonprofit organization, which operates RubyConf and RailsConf, cited fiduciary responsibility and supply chain security concerns following a recent audit.

The controversy began September 9 when HSBT (Hiroshi Shibata), a Ruby infrastructure maintainer, renamed the RubyGems GitHub enterprise to "Ruby Central" and added Director of Open Source Marty Haught as owner while demoting other maintainers. The action allegedly followed Shopify's threat to cut funding unless Ruby Central assumed full ownership of RubyGems and Bundler. Ruby Central had reportedly become financially dependent on Shopify after Sidekiq withdrew $250,000 annual sponsorship over the organization platforming Rails creator DHH at RailsConf 2025. Andre Arko, a veteran contributor on-call for RubyGems.org at the time, was among those removed.

Maintainer Ellen Dash has characterized the action as a "hostile takeover" and also resigned. Executive Director Shan Cureton acknowledged poor communication in a YouTube video Monday, stating removals were temporary while finalizing operator agreements. Arko and others are launching Spinel, an alternative Ruby tooling project, though Shopify's Rafael Franca commented that Spinel admins shouldn't be trusted to avoid "sabotaging rubygems or bundler."
The Almighty Buck

Stablecoin Issuer Circle Examines 'Reversible' Transactions in Departure For Crypto (ft.com) 22

Circle, the world's second-biggest issuer of stablecoins, is examining ways to make it possible to reverse transactions involving its tokens [non-paywalled source], in a rare admission by a major crypto firm that it needs to take lessons from the traditional financial sector. Financial Times: Circle president Heath Tarbert said a mechanism that allowed money to be refunded in cases of fraud or disputes would help the stablecoin industry's push to become part of the financial mainstream. "We are thinking through...whether or not there's the possibility of reversibility of transactions, right, but at the same time, we want settlement finality," Tarbert told the Financial Times.

"So there's an inherent tension there between being able to transfer something immediately, but having it be irrevocable," he added. Such measures could be seen as a major departure from the crypto industry's previous emphasis on the "immutability" of the blockchain, a digital ledger that is public and records transactions that cannot be unwound.

Facebook

Facebook Data Reveal the Devastating Real-World Harms Caused By the Spread of Misinformation (theconversation.com) 168

An anonymous reader quotes a report from The Conversation: Twenty-one years after Facebook's launch, Australia's top 25 news outlets now have a combined 27.6 million followers on the platform. They rely on Facebook's reach more than ever, posting far more stories there than in the past. With access to Meta's Content Library (Meta is the owner of Facebook), our big data study analysed more than three million posts from 25 Australian news publishers. We wanted to understand how content is distributed, how audiences engage with news topics, and the nature of misinformation spread. The study enabled us to track de-identified Facebook comments and take a closer look at examples of how misinformation spreads. These included cases about election integrity, the environment (floods) and health misinformation such as hydroxychloroquine promotion during the COVID pandemic. The data reveal misinformation's real-world impact: it isn't just a digital issue, it's linked to poor health outcomes, falling public trust, and significant societal harm. [...]

Our study has lessons for public figures and institutions. They, especially politicians, must lead in curbing misinformation, as their misleading statements are quickly amplified by the public. Social media and mainstream media also play an important role in limiting the circulation of misinformation. As Australians increasingly rely on social media for news, mainstream media can provide credible information and counter misinformation through their online story posts. Digital platforms can also curb algorithmic spread and remove dangerous content that leads to real-world harms. The study offers evidence of a change over time in audiences' news consumption patterns. Whether this is due to news avoidance or changes in algorithmic promotion is unclear. But it is clear that from 2016 to 2024, online audiences increasingly engaged with arts, lifestyle and celebrity news over politics, leading media outlets to prioritize posting stories that entertain rather than inform. This shift may pose a challenge to mitigating misinformation with hard news facts. Finally, the study shows that fact-checking, while valuable, is not a silver bullet. Combating misinformation requires a multi-pronged approach, including counter-messaging by trusted civic leaders, media and digital literacy campaigns, and public restraint in sharing unverified content.

Earth

World's Oceans Fail Key Health Check As Acidity Crosses Critical Threshold For Marine Life (theguardian.com) 64

An anonymous reader quotes a report from The Guardian: The world's oceans have failed a key planetary health check for the first time, primarily due to the burning of fossil fuels, a report has shown. In its latest annual assessment, the Potsdam Institute for Climate Impact Research said ocean acidity had crossed a critical threshold for marine life. This makes it the seventh of nine planetary boundaries to be transgressed, prompting scientists to call for a renewed global effort to curb fossil fuels, deforestation and other human-driven pressures that are tilting the Earth out of a habitable equilibrium. The report, which follows earlier warnings about ocean acidity, comes at a time of recordbreaking ocean heat and mass coral bleaching.

Oceans cover 71% of the Earth's surface and play an essential role as a climate stabilizer. The new report calls them an "unsung guardian of planetary health", but says their vital functions are threatened. The 2025 Planetary Health Check noted that since the start of the industrial era, oceans' surface pH has fallen by about 0.1 units, a 30-40% increase in acidity, pushing marine ecosystems beyond safe limits. Cold-water corals, tropical coral reefs and Arctic marine life are especially at risk. This is primarily due to the human-caused climate crisis. When carbon dioxide from oil, coal and gas burning enters the sea, it forms carbonic acid. This reduces the availability of calcium carbonate, which many marine organisms depend upon to grow coral, shells or skeletons.

Near the bottom of the food chain, this directly affects species like oysters, molluscs and clams. Indirectly, it harms salmon, whales and other sea life that eat smaller organisms. Ultimately, this is a risk for human food security and coastal economies. Scientists are concerned that it could also weaken the ocean's role as the planet's most important heat absorber and its capacity to draw down 25-30% of the carbon dioxide in the atmosphere. Marine life plays an important role in this process, acting as a "biotic bump" to sequester carbon in the depths. In the report, all of the other six breached boundaries -- climate change, biosphere integrity, land system change, freshwater use, biogeochemical flows, and novel entities -- showed a worsening trend. But the authors said the addition of the only solely ocean-centerd category was a alarming development because of its scale and importance.

The Almighty Buck

Neon Pays Users To Record Their Phone Calls, Sell Data To AI Firms 34

Neon Mobile, now the No. 2 social networking app in Apple's U.S. App Store, pays users up to $30 per day to record their phone calls and sell the data to AI companies. The app claims to only capture one side of a call unless both parties use Neon, but its terms grant sweeping rights over recordings. TechCrunch reports: The app, Neon Mobile, pitches itself as a money-making tool offering "hundreds or even thousands of dollars per year" for access to your audio conversations. Neon's website says the company pays 30 cents per minute when you call other Neon users and up to $30 per day maximum for making calls to anyone else. The app also pays for referrals.

According to Neon's terms of service, the company's mobile app can capture users' inbound and outbound phone calls. However, Neon's marketing claims to only record your side of the call unless it's with another Neon user. That data is being sold to "AI companies," the company's terms of service state, "for the purpose of developing, training, testing, and improving machine learning models, artificial intelligence tools and systems, and related technologies."

Despite what Neon's privacy policy says, its terms include a very broad license to its user data, where Neon grants itself a: "...worldwide, exclusive, irrevocable, transferable, royalty-free, fully paid right and license (with the right to sublicense through multiple tiers) to sell, use, host, store, transfer, publicly display, publicly perform (including by means of a digital audio transmission), communicate to the public, reproduce, modify for the purpose of formatting for display, create derivative works as authorized in these Terms, and distribute your Recordings, in whole or in part, in any media formats and through any media channels, in each instance whether now known or hereafter developed." That leaves plenty of wiggle room for Neon to do more with users' data than it claims. The terms also include an extensive section on beta features, which have no warranty and may have all sorts of issues and bugs.
Peter Jackson, cybersecurity and privacy attorney at Greenberg Glusker, told TechCrunch: "Once your voice is over there, it can be used for fraud. Now, this company has your phone number and essentially enough information -- they have recordings of your voice, which could be used to create an impersonation of you and do all sorts of fraud."
Earth

Fossil Fuel Burning Poses Threat To Health of 1.6 Billion People, Data Shows (theguardian.com) 40

Fossil fuel burning is not just damaging the world's climate; it is also threatening the health of at least 1.6 billion people through the toxic pollutants it produces, data shows. From a report: Carbon dioxide, the main greenhouse gas from fossil fuel burning, does not directly damage health, but leads to global heating. However, coal and oil burning for power generation, and the burning of fossil fuels in industrial facilities, pollute the air with particulate matter called PM2.5, which has serious health impacts when breathed in.

A new interactive map from Climate Trace, a coalition of academics and analysts that tracks pollution and greenhouse gases, shows that PM2.5 and other toxins are being poured into the air near the homes of about 1.6 billion people. Of these, about 900 million are in the path of "super-emitting" industrial facilities -- including power plants, refineries, ports and mines -- that deliver outsize doses of toxic air.

The Almighty Buck

Some Private Equity Firms Doomed To Fail as High-Flying Industry Loses Its Way (bloomberg.com) 52

Private equity firms are facing systemic challenges after a half-century of meteoric growth as attractive takeover targets become scarce and financing costs remain elevated while exits prove increasingly difficult. US buyout funds currently hold more than 12,000 companies that would take approximately nine years to fully distribute at current rates, according to PitchBook data.

The industry holds $1.2 trillion in dry powder and nearly a quarter of that capital was pledged at least four years ago. More than 18,000 private capital funds seek $3.3 trillion from increasingly reluctant investors, Bain estimates. Quarterly returns for US private equity funds fell from 13.5% in Q2 2021 to 0.8% in Q4 2024. Apollo President Jim Zelter described the situation as a "natural washout" at an investor conference this month. Charles Wilson of Selby Jennings added that "many PE firms are dead already, they just don't know it" and noted survival depends on how forgiving limited partners -- the entities, including pension funds and endowments, that have invested in private equity firms -- prove when firms return for new fundraising.
The Almighty Buck

Vietnam Shuts Down Millions of Bank Accounts Over Biometric Rules (icobench.com) 23

Longtime Slashdot reader schwit1 shares a report from ICO Bench: As of September 1, 2025, banks across Vietnam are closing accounts deemed inactive or non-compliant with new biometric rules. Authorities estimate that more than 86 million accounts out of roughly 200 million are at risk if users fail to update their identity verification.

The State Bank of Vietnam has also introduced stricter thresholds for transactions:
- Facial authentication is mandatory for online transfers above 10 million VND (about $379).
- Cumulative daily transfers over 20 million VND ($758) also require biometric approval.

The policy is part of the central bank's broader "cashless" strategy, aimed at combating fraud, identity theft, and deepfake-enabled scams. [...] While many Vietnamese citizens have updated their biometric data without issue, the measure has disproportionately affected foreign residents and expatriates who cannot easily return to local branches and dormant accounts that had been left inactive for years.
schwit1 highlights a post on X from Bitcoin expert and TFTC.io founder Marty Bent: "If users don't comply by the 30th they'll lose their money. This is why we bitcoin."

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