Trump Media has officially launched its $100,000-per-month data feed giving trading firms machine-readable access to Truth Social posts milliseconds before the public. According to Fortune, five Wall Street firms have already signed up for the service, which "would generate about $500,000 in monthly revenue, or $6 million annually."

Critics argue the service could let President Trump, who owns about 41% of the company, profit from early access to market-moving presidential communications. "I'll be blunt," Gian Luca Clementi, an economics professor at NYU Stern School of Business, told Fortune. "This is insider trading by definition."

"He's going to monetize the role of the office of the president of the United States," he said. "The undisputable fact is that somebody is going to earn some more money than before, and that's the president of the United States." From the report: Trump's media venture has struggled to build a profitable social media business despite its lofty valuation. Truth Social has reported significant operating losses since going public. According to the company's earnings report for Q1 2026, Trump Media & Technology Group netted a roughly $405 million loss and raised less than $900,000 in sales.

Not everyone agrees the arrangement meets the legal bar for insider trading. Shannon Devine, a spokeswoman for Trump Media & Technology Group, has pushed back on the characterization, telling Quartz that Truth API "offers customers the fastest way to ingest publicly available Truth Social data" and that critics "must have invented a new theory of 'insider trading' based on publicly available information."

Classic insider trading law hinges on trading on secret, material information in breach of a fiduciary duty, and Truth Social posts are, by design, meant to become public within moments -- raising real doctrinal uncertainty about whether faster access alone qualifies. But other legal experts argue the greater risk lies ahead. Richard Painter, former White House chief ethics counsel, has argued that the arrangement could violate federal law once Trump posts genuinely market-moving news -- on tariffs, military action, or other policy decisions -- before it's public, with Truth Social effectively acting as a paid "tipper" on the president's behalf. Sen. Alex Padilla (D-Calif.) said he plans to introduced legislation Tuesday to ban the president from selling expedited access to his statements.

Longtime Slashdot reader schwit1 shares a report from Reuters: The Federal Communications Commission, which oversees the U.S. telecom industry, is working on the measure to bar imports of new Chinese optical transceivers, which allow data to travel over fiber-optic cables at the speed of light within data centers. Officials hope to publish it this year, when it would take effect. The move, not previously reported, aims to prevent Chinese firms from stealing data, installing malware or disrupting service at U.S. data centers, which house the chips to train and run AI models.

The FCC could still modify or shelve the restriction, the sources stressed, speaking on condition of anonymity to discuss sensitive matters. [...] A U.S. ban on new models of Chinese data center devices would likely hit China's Zhongji Innolight, one of the biggest global sellers of transceivers, which was added to the Pentagon's list of alleged Chinese military-backed companies in June. The list can be a harbinger of tougher action. A ban could also raise costs for American cloud firms such as Amazon Web Services, as it may force them to transition to other producers such as U.S.-based Coherent and Lumentum.

An anonymous reader quotes a report from The Guardian: Apple has launched a new legal challenge against a UK government demand to access its customers' highly encrypted data, a year after the Home Office agreed to abandon its previous request. The US tech company launched the legal complaint last month at the Investigatory Powers Tribunal (IPT), an independent court that has the power to investigate claims that the UK intelligence services have acted unlawfully. The UK government had made a second request to Apple to grant it a "back door" to encrypted iCloud data belonging to British users, according to an order issued by the court.

Britain backed down on its original demand for access to data from UK and US customers last year, after a heated transatlantic tussle over encryption between London and Washington. UK authorities subsequently issued a new "technical capability notice" (TCN) to Apple that did not apply to American users. Apple is seeking to challenge the British government's powers to issue TCNs under the UK Investigatory Powers Act, according to the details of the new legal case first reported by the Financial Times. [...] The original TCN issued last year asked Apple for the right to see users' encrypted data protected by its advanced data protection (ADP) program in the event of a national security risk.

Apple said the removal of the tool -- which not even it can access -- would make users more vulnerable to data breaches from bad actors and other threats to customer privacy. Creating a "back door" would also mean all data was accessible by Apple, which it could be forced to share with law enforcement possessing a warrant. As a result, Apple withdrew UK customers' access to its ADP program in January 2025. The Home Office has maintained that the Investigatory Powers Act, under which such orders are issued, contains robust safeguards and is used only when absolutely necessary.

Longtime Slashdot reader schwit1 shares a report from Behind the Black: In a new bid to get the Thirty Meter Telescope (TMT) to move from Hawaii, which has blocked its construction for more than a decade, the Spanish government has put together a $1.14 billion package that would not only pay for construction on the Canary Islands, but would finance an additional half century of operations. Tech Times provides some additional details: The package is conditional on the TMT International Observatory formally choosing La Palma as its construction site. The financing architecture has three pillars and two additional contingent instruments. The first pillar is 400 million euros (approximately $456 million USD) from Spain's Ministry of Science, Innovation and Universities, routed through the Centre for Technological Development and Innovation (CDTI). This figure was first pledged a year ago in July 2025 as Spain's initial bid.

The second pillar is a 300 million-euro (approximately $342 million USD) loan from the EIB [European Investment Bank] itself -- subject to satisfactory completion of the bank's technical, financial, and legal due diligence and approval by its governing bodies.

The third is a potential 300 million-euro (approximately $342 million USD) participation from the Instituto de Credito Oficial (ICO), Spain's state development finance institution, evaluated under equivalent conditions to the EIB loan but subject to its own separate analysis. Spain's export credit agency, Cesce, may also provide coverage instruments, and the EIB has left open the possibility of expanding its support through intermediated financing mechanisms or guarantees.

An anonymous reader quotes a report from Ars Technica: Earlier this summer, nearly 160,000 applicants took the entrance exam for UNAM, Mexico's largest university. For the first time, they did it completely remotely, using a "lockdown" browser and AI-powered webcam proctoring software, over several weeks from late May through early June. It was a disaster. When exam results came in, they bore little resemblance to past results, especially at the top. Between 2021 and 2025, 3.5 percent of test takers scored 100 or more on the 120-question UNAM test. This year, 16.3 percent did so. The story was even worse at the highest of the high end. Between 2021 and 2025, 0.9 percent of test takers scored 110 or more; this year, 5.5 percent did so.

The surge in top scores led to accusations of widespread cheating, and UNAM appointed a commission of experts to investigate the situation. The group was given the unwieldy name "la Comision Tecnica de Personas Expertas para la Revision del Proceso de Seleccion de Ingreso a Licenciatura para el Circlo Escolar 2026-2027/1," and it has just submitted its recommendations. The commission believes that the best path forward, given all the concerns, is to administer a "control exam" -- that is, applicants will have to sit for another test, and they will do so in person.

This control exam will apply not only to those who secured a spot at UNAM based on this year's test but also to everyone who would have been admitted based on minimum successful scores in their program of study since 2021. About 58,000 people could be affected, and places at UNAM will now depend on the results of the new test. (Details on the control exam should appear soon; classes are currently scheduled to begin on August 10, so everything will have to move quickly unless the school decides to delay classes.) According to Gaceta UNAM, the school's official news publication, the university rector has apologized to honest applicants, since they will now have to prepare for and take the test again despite doing nothing wrong. Still, the control exam is "necessary to give certainty and guarantee equity in access," the rector added.

South Korea recorded its highest temperature since modern observations began in 1904, with the city of Yangsan reaching 42.5C as temperatures exceeded 40C for a fifth consecutive day. Authorities warned residents to "immediately stop all outdoor activities." The Guardian reports: More than 20 localities in South Korea were under emergency heatwave alerts on Sunday -- a new warning category introduced this year to better address rising temperatures. An emergency alert is issued when areas experiencing a heatwave are forecast to hit perceived temperatures of 38C or an actual temperature of 39C for the day. Issuing a heat warning, the weather agency urged people to "immediately stop all outdoor activities," adding that "indoor spaces without air conditioning are dangerous."

"Move immediately to a cool place, such as a designated cooling centre or a shaded area, and stay hydrated while resting," it advised. Fearing for those people most vulnerable to heat, the prime minister, Han Seong-sook, ordered local officials to strengthen safety checks on residents and to ensure a stable power and water supply was maintained. [...] Korea Meteorological Administration (KMA) data show the average annual number of heatwave days in the country has more than doubled to 19 in the past five years.

An anonymous reader quotes a report from 404 Media: Following 404 Media's reporting that book database company ISBNdb claimed to source printed books to then sell to AI companies for AI training, the company deleted the part of its website offering the service and walked back claims that it would train AI models, and instead called it "a test of market interest."

On July 30, nine days after 404 Media's reporting, ISBNdb added a note to its homepage and an update on its news page about the change. "We've seen the recent coverage about a marketing landing page on our site, and we understand the concern it raised. The facts: ISBNdb has never purchased, scanned, or sold a book -- for AI training or anything else," ISBNdb wrote. "We don't train AI models, and we never have. The page was a test of market interest; no such service was ever brought to life. We've taken the page down. Our job is helping people find books. For more than two decades, ISBNdb has been the card catalog of the book world -- the data behind how bookstores, libraries, and reading apps connect readers with titles. Data about books, not the books themselves. That hasn't changed."

ISBNdb removed the landing page for "Printed Books Sourcing for Your AI LLMs Dataset Needs" on July 28. "It was part of exploring demand, and we've chosen to pivot away from that direction. Our main ISBNdb (book metadata API) services are unaffected and running as usual," the site says. According to 404 Media's previous report, ISBNdb had pitched pre-2022 printed books as premium AI training material because they contained curated human knowledge without contamination from AI-generated text or modern data-poisoning techniques. "The world's best AI training data is sitting on a shelf," the company had argued, while offering discreet bulk book acquisition under NDAs and acknowledging the potential backlash if AI firms were seen destroying millions of books for scanning.

The Register looks at exactly why "It is practically impossible to move any non-trivial Word document out of MS Office to a non-MS suite and back again without it being more trouble than it's worth." OOXML, developed by Microsoft and first standardized by Ecma in 2006, became the ISO/IEC 29500 standard in 2008 after a grueling and adversarial process. Microsoft pursued standardization because it has always been a standards-led organization dedicated to maximizing the options for its customers. Or because it had to at gunpoint, while vowing silently to follow the letter of the law but stymie its intent. You decide... The Document Foundation (TDF) which spends its days worrying about such things, reports that Microsoft has effectively broken the standard by sticking with a transitional version as its default rather than the cleaner Strict variant. The result is that what Microsoft software renders is what Microsoft wants to render, despite nominal compliance...

What we need is a test suite that can take any OOXML engine and test its compliance against what Microsoft is actually doing. That means the tooling wrapped around the spec has to account for proprietary dependencies that get smuggled in, such as fonts. It also means actively and continuously tracking the ground truth of Microsoft's evolving products and services. It doesn't need to be perfect, but it absolutely needs to be good enough. Compliant engines have to become good enough for a critical mass of users to coalesce around them.
In an earlier article The Document Foundation reminded all software users that they have a choice. "When an institution sends a letter formatted with a proprietary font, embedded in a proprietary format, produced by proprietary software, it is not communicating information but perpetuating a dependency."

"Digital sovereignty begins with the recognition that this is a choice: the file format is a choice, the font on the page is a choice, and the software is a choice."

An anonymous reader quotes a report from Ars Technica: We are a month away from the initial rollout of Google's Android developer verification system, and the company contends this policy does not impinge on the platform's open nature. Still, the restrictions will be a big change, and there are still some unanswered questions. An issue that has come up repeatedly in the run-up to verification is what will happen to devs who can't verify because of where they live. It turns out that Google has a cryptic answer for that buried in an FAQ. Developer verification will soon block the installation of apps from unverified developers on any Android device running Google services, which is functionally all Android phones outside Russia and China. Developers who want to keep releasing software, even if it's not in the Play Store, have to provide Google with their ID and pay a small fee.

But what if you're an Android developer living in a sanctioned nation? Currently, the U.S. sanction list includes Iran, Cuba, North Korea, and occupied areas of Ukraine. Given the current uncertain state of US foreign policy, that list could change in the future. Google doing any business with developers in those places is a thorny issue, and it seems like the company has decided to just leave them hanging. A rather lengthy FAQ a few levels deep on the Google developer site addresses various issues around dev verification. Smack in the middle is this: "How does this program impact developers in sanctioned countries? Devices in sanctioned countries will be excluded from Android developer verification checks. This allows any developer to continue distributing apps in these regions without verification, though users there won't benefit from the enhanced security benefits of the program."

[...] A Google spokesperson has expanded on the FAQ and confirmed to Ars that people living in sanctioned nations will not be allowed to go through the verification process. That means they will not be able to effectively distribute software through any channel internationally. Today, someone making an app in, say, Cuba can distribute it freely around the world, as well as at home. Anyone can install it and see their work in action after tapping through a few sideloading alerts. In the coming months, that will no longer be the case. These unverified apps will only be easily installable in the sanctioned countries where verification doesn't exist.

The U.S. company Meteomatics has created an automated weather-monitoring system that uses drones to collect atmospheric data at multiple altitudes before returning to recharge and upload their findings. The so-called Meteobase, which consists of a base station on the ground with a drone that can be launched and recovered automatically, "is highly weather resistant and keeps the drone at a comfortable temperature," reports The Guardian. "It can send out one data-gathering mission a day, or multiple flights to monitor fog, icing, an advancing weather front, or other fast-changing conditions." The report says the reusable drones could offer a cheaper, more controllable alternative to helium weather balloons, especially for tracking rapidly changing conditions.

An anonymous reader quotes a report from NBC News: Cyberattacks targeting municipal water systems have been reported in at least seven states this week, prompting the FBI and the Environmental Protection Agency to warn utilities nationwide that hackers are trying to disrupt critical water infrastructure. In a public service announcement Thursday, the agencies said water and wastewater utilities have reported incidents to the FBI, with some malicious activity degrading water operations. The announcement does not name the states.

The warning comes after hackers targeted more than 30 municipal water facilities in Minnesota in an attack that had hallmarks of Iranian meddling, according to a law enforcement official. It is still under investigation. A spokesperson for Minnesota's information technology services agency said Thursday there was no indication the breaches contaminated any municipal water supplies. The federal Cybersecurity and Infrastructure Security Agency said in a separate alert that some larger attacks on water infrastructure had "resulted in boil water notices and sustained manual operations," though it did not say where.

[...] The federal advisory said the malicious cyber actors, or MCAs, targeted specific brands of control systems used by municipal water utilities, though the FBI and the EPA urged operators of all systems to take precautions. [...] The agencies said the hackers remotely accessed internet-facing devices, changed IP addresses and passwords, and caused utilities to lose monitoring and control capabilities. The federal advisory calls on system operators to remove programmable logical controllers, or PLCs, from direct internet exposure by putting them behind secure gateways and firewalls; use strong passwords; and limit communications between authorized control system devices through access control lists.

alternative_right shares a report from Axios: Google has basically stopped sending people to websites (including our site) for answers and information. Instead, it's using AI to answer them on its platform, in its words. Chartbeat data shared with Axios shows Google Search traffic to publishers fell 34% over the past year. That pain is regressive. Over the past two years, small publishers lost 60% of referrals from search overall, medium publishers 47%, large publishers 22%.

A production company and filmmaker are suing Netflix for $105 million, alleging the streamer lost a stolen drive containing an unencrypted master copy of the unreleased Nicolas Cage film Fortitude, which they claim damages its exclusivity and market value. Netflix denied responsibility for the lost film but said it takes content security seriously and has offered to monitor piracy sites for unauthorized copies. CBS News reports: The complaint filed on Wednesday in California district court alleges that the film's associate producer, Daniel Haido, hand-delivered an unencrypted master copy of the film to Netflix so the company could screen it as a potential buyer. Haido verbally instructed the employee to delete the files after the screening, according to the suit. A little over a week after the screening, Netflix emailed the filmmakers to say the drive had been stolen, the plaintiffs allege. "Someone stole a good amount of drives from our office desks this past week," a Netflix executive wrote in the email, according to the suit.

The complaint notes the movie, entitled "Fortitude," took over seven years to make and cost $45 million. It tells the story of a secret mission called Operation Fortitude during World War II that was orchestrated to mislead the Nazis about the Allied invasion of Europe. The film stars Nicolas Cage as Dusko Popov, a real-life spy during World War II, as well as Sir Ben Kingsley and Ron Perlman.

The plaintiffs said studios will now be dissuaded from buying the rights to the movie, knowing that a version of it could be released by a third party for free. "The film's value depended in significant part on its exclusivity as an unreleased, first-to-market work," the complaint states. "By losing control of the film, Netflix destroyed that exclusivity and materially, if not completely, impaired the film's marketability."

An anonymous Slashdot reader writes: Surveillance cameras owned by Flock Safety have been cut down with electric saws in New York State, vandalized with paint in Oakland, California, and rammed with a truck in Idaho. Flock claims its services fight crime, but law enforcement agencies also use their services to track vehicles based on license plate numbers and reconstruct their movements, even when the drivers and owners of these vehicles have never been accused or convicted of any crime. (Flock states it has 120,000 automated cameras that record license plate data, as well as pan-tilt-zoom cameras, across the United States.)

A guerilla mindset among average citizens has seen these cameras forcibly disabled within recent weeks with sympathy directed toward the vigilantes. In June, a West Virginia man accused of destroying several Flock cameras was arrested. Under a Facebook post from the local NBC affiliate announcing his arrest are dozens of people volunteering to provide alibis. "He was out fishing with me that day, you got the wrong guy," one man wrote.

Microsoft shares surged as much as 17% after reporting 43% growth in Azure revenue, putting the company on track to add a record $490 billion in market value in a single day. Bloomberg notes that it "would eclipse Nvidia's $440 billion addition, following President Donald Trump's announcement of a 90-day tariff pause last year, as the biggest ever." From the report: The nearly $500 billion jump is larger than the market capitalization of roughly 96% of S&P 500 stocks, data compiled by Bloomberg show. It's also bigger than the combined value of the benchmark's 44 smallest members, which includes companies like Domino's Pizza Inc., Clorox Co. and Hasbro Inc.

Microsoft's one-day add in value also dwarfs many of the world's other equity markets. South Africa, Turkey, Finland and Vietnam all have total stock market values that are less than what the software maker is set to add on Thursday.