Businesses

'The Cult of Costco' (msn.com) 168

Costco's consistency -- from its $1.50 hot dog and drink combo to its functional shopping carts and satisfied employees -- has produced what The Atlantic calls a "cultlike loyalty" among members at more than 600 locations across the U.S.

Its annual membership costs $65. The model traces back to Fedco, a nonprofit wholesale collective for federal employees founded in Los Angeles in the 1940s. Costco's private label Kirkland Signature has become one of the world's largest consumer packaged goods brands while maintaining deliberately understated branding. The company relies on word-of-mouth marketing from satisfied members rather than traditional advertising.

Atlantic staff writer Jake Lundberg, who shops at the Granger, Indiana location, describes the stores as spaces of "cooperation, courtesy, and grown-ups mostly acting like grown-ups." Shoppers follow unwritten rules: move along, don't block the way, step aside to check your phone. Checkout lines form orderly queues. The exceptions come near sample stations and before major holidays, when spatial awareness and common courtesy break down.
Businesses

Warren Buffett Retires As Berkshire Hathaway CEO After 55 Years (nbcnews.com) 55

Warren Buffett is retiring as CEO of Berkshire Hathaway at age 95, ending a 55-year run that reshaped how generations of Americans think about investing. "The 95-year-old, often referred to as the 'Oracle of Omaha' and the 'billionaire next door,' will relinquish the title after a career that saw him turn a failing textile firm into one of the most successful asset managers in the world," reports NBC News. From the report: Greg Abel, the 63-year-old lesser-known CEO of Berkshire's energy business, will take the helm of the conglomerate on Thursday. Buffett will remain its chairman.

Under Buffett's leadership, Nebraska-based Berkshire has thrived at the intersection of Wall Street and Main Street, with investments in industries ranging from railroads and insurance to candy and ice cream.

Along the way, while living in the same house he bought for just over $30,000 in the late 1950s, he redefined investing for the American public with his folksy and practical advice, became one of the wealthiest people on Earth and dedicated much of that fortune to philanthropy.
Berkshire's most significant tech bet was initiated in 2016 when it invested $1 billion. Apple has since become Berkshire Hathaway's largest single holding, representing over 20% of the portfolio and valued at more than $65 billion.

While Buffett largely avoided pure tech for decades, Buffett long considered technology a blind spot, famously saying "I wish I had" bought Apple earlier.

Throughout the years, Buffett expressed his disinterest in cryptocurrency and said he would "never own bitcoin," referring to it as "probably rat poison squared" and a "gambling token."
Businesses

OpenAI Is Paying Employees More Than Any Major Tech Startup in History 25

OpenAI is paying employees more than any major tech startup in history, with average stock-based compensation hitting roughly $1.5 million per worker in 2025. "That is more than seven times higher than the stock-based pay Google disclosed in 2003, before it filed for an initial public offering in 2004," reports the Wall Street Journal. "The $1.5 million is about 34 times the average employee compensation of 18 other large tech companies in the year before they went public." From the report: To keep its lead in the AI race, OpenAI is doling out massive stock compensation packages to top researchers and engineers, making them some of the richest employees in Silicon Valley. The equity awards are inflating the company's heavy operating losses and diluting existing shareholders at a rapid clip. As an AI arms race intensified this summer, frontier labs such as OpenAI faced pressure to increase employee pay after Meta Platforms Chief Executive Mark Zuckerberg began offering pay packages worth hundreds of millions of dollars -- and in some rare cases $1 billion -- to top executives and researchers at rival companies.

Zuckerberg's recruiting blitz swept up 20-plus OpenAI personnel, including ChatGPT co-creator Shengjia Zhao. In August, OpenAI gave some of its research and engineering staff a one-time bonus, with some employees receiving millions of dollars, The Wall Street Journal previously reported. The financial data, shared with investors over the summer, shows that OpenAI's stock-based compensation was expected to increase by about $3 billion annually through 2030. The company recently told staff it would discontinue a policy that required employees to work at OpenAI for at least six months before their equity vests. That development could lead to further compensation increases.

OpenAI's compensation as a percentage of revenue was set to reach 46% in 2025, the highest of any of the 18 companies except for Rivian, which didn't generate revenue the year before its IPO. Palantir's stock-based compensation equaled 33% of its revenue the year before its IPO in 2020, Google's was 15% and Facebook's was 6%, the analysis shows. On average, each company's stock-based compensation made up about 6% of revenue among tech companies the Journal analyzed in the year before their IPOs, according to the Equilar data.
Government

Trump Administration Removes Three Spyware-Linked Execs From Sanctions List (reuters.com) 35

Reuters reports that the United States Department of the Treasury under the Donald Trump administration has lifted sanctions on three executives linked to the spyware firm Intellexa. Reuters reports: The move partially reverses the imposition of sanctions last year by then-President Joe Biden's administration on seven people tied to Intellexa. The Treasury Department at the time described the consortium, opens new tab, launched by former Israeli intelligence official Tal Dilian, as "a complex international web of decentralized companies that built and commercialized a comprehensive suite of highly invasive spyware products."

Treasury said in an email that the removal "was done as part of the normal administrative process in response to a petition request for reconsideration." It added that each of the individuals had "demonstrated measures to separate themselves from the Intellexa Consortium."

The notice said sanctions were lifted on Sara Hamou, whom the U.S. government accused of providing managerial services to Intellexa, Andrea Gambazzi, whose company was alleged by the U.S. government to have held the distribution rights to the Predator spyware, and Merom Harpaz, described by U.S. officials as a top executive in the consortium.

Businesses

JPMorgan Says Javice Firms Billed Millions Just for 'Attendance' (bloomberg.com) 17

JPMorgan Chase is now fighting to avoid paying $10.2 million in disputed legal charges racked up by Charlie Javice, the convicted founder of student-finance startup Frank, after court filings revealed her defense team billed more than $5 million simply for attending her fraud trial -- including on days when court wasn't even in session.

A previously sealed Delaware court filing [PDF] released Monday showed that Javice's total legal tab has reached $74 million, far exceeding the $30 million Elizabeth Holmes spent defending herself in the Theranos case. JPMorgan claims the five law firms representing Javice operated under the mindset that "someone else is paying her bills." The bank's filing focused on Quinn Emanuel and Mintz Levin, the two largest firms on Javice's defense. JPMorgan said Javice had between 16 and 29 lawyers and legal staff present every day of her six-week trial, billing an average of $360,000 daily. No more than four lawyers had speaking roles.

Among the 2,377 pages of receipts submitted for March: a Cookie Monster toddler's toy, lavender and jasmine sachets, 57 hotel room upgrades at $300 per night, and a $900 meal at Koloman, a highly rated New York restaurant. A New York jury found Javice guilty in March of misleading JPMorgan into acquiring Frank for $175 million by fabricating millions of fake users. She was sentenced in September to seven years in prison but remains free on bail pending her appeal.
Power

Cheap Solar Is Transforming Lives and Economies Across Africa 28

An anonymous reader quotes a report from the New York Times: South Africans ... have found a remedy for power cuts that have plagued people in the developing world for years. Thanks to swiftly falling prices of Chinese made solar panels and batteries, they now draw their power from the sun. These aren't the tiny, old-school solar lanterns that once powered a lightbulb or TV in rural communities. Today, solar and battery systems are deployed across a variety of businesses -- auto factories and wineries, gold mines and shopping malls. And they are changing everyday life, trade and industry in Africa's biggest economy. This has happened at startling speed. Solar has risen from almost nothing in 2019 to roughly 10 percent of South Africa's electricity-generating capacity.

No longer do South Africans depend entirely on giant coal-burning plants that have defined how people worldwide got their electricity for more than a century. That's forcing the nation's already beleaguered electric utility to rethink its business as revenues evaporate. Joel Nana, a project manager with Sustainable Energy Africa, a Cape Town-based organization, called it "a bottom-up movement" to sidestep a generations-old problem. "The broken system is unreliable electricity, expensive electricity or no electricity at all," he said. "We've been living in this situation forever." What's happening in South Africa is repeating across the continent. Key to this shift: China's ambition to lead the world in clean energy.
The report says that more than 7 gigawatts of solar capacity have been installed in South Africa over the past five years -- about 1/10 of the country's total installed capacity (55 GW). And most of this new solar capacity is privately owned and installed by households and businesses rather than utilities.

Across the continent, Chinese solar imports rose 50% in the first 10 months of 2025. Cheap Chinese solar is rapidly reshaping Africa's energy landscape from the bottom up but it's also shifting geopolitical influence, hollowing out local manufacturing opportunities, and deepening divides between those who can afford energy independence and those who can't. "The solar surge does little to address the most pressing social and economic problems of developing countries like South Africa, the need to generate new jobs for millions of young citizens," reports the NYT. "Installation labor is local, but the panels and batteries are almost all made in China."

Further reading: Why Solarpunk Is Already Happening In Africa
AI

Groq Investor Sounds Alarm On Data Centers (axios.com) 13

Axios reports that venture capitalist Alex Davis is warning that a speculative rush to build data centers without committed tenants could trigger a financing crunch by 2027-2028.

"This critique is coming from inside the AI optimist camp," notes Axios, as Davis' firm, Disruptive, "recently led a large investment in AI chipmaker Groq, which then signed a $20 billion licensing deal with Nvidia. It's also backed such unicorn startups as Reflection AI, Shield AI and Gecko Robotics."

Here's what Davis had to say in his investor letter this morning: "While I continue to believe the ongoing advancements in AI technology present 'once in a lifetime' investment opportunities, I also continue to see risks and reason for caution and investment discipline. For example, we are seeing way too many business models (and valuation levels) with no realistic margin expansion story, extreme capex spend, lack of enterprise customer traction, or overdependence on 'round-trip' investments -- in some cases all with the same company. I am also deeply concerned about the 'speculative' data center market. The 'build it and they will come' strategy is a trap. If you are a hyperscaler, you will own your own data centers. We foresee a significant financing crisis in 2027-2028 for speculative landlords. We want to back theowner/users, not the speculative landlords, and we are quite concerned for their stress on the system." The full letter can be found here.
Businesses

Despite a Record Year, Airlines Are Grappling With Big Challenges (economist.com) 31

The global airline industry is on track to post an all-time profit high of nearly $40 billion in 2025, according to trade group IATA, surpassing the pre-pandemic 2019 figure of $26 billion, but carriers are still managing a net margin of just 4% -- roughly $7.90 per passenger. Economist adds: Not everything has been in the ascent. European and North American airlines, which account for three-fifths of the industry's net profits, have had to contend with circuitous long-haul routes to avoid Russian airspace since the start of the war in Ukraine. This year parts of the Middle East became no-go zones after Israel's strike on Iran in June. America's airlines were hit by a government shutdown that stopped federal workers from travelling and kept unpaid air-traffic controllers at home, disrupting flights.

What is more, despite a drop in fuel prices, which account for 25-30% of airlines' operating expenses, other costs have risen.
Airlines flew 4.8 billion passengers in 2024, beating the 2019 peak, and that figure likely reached 5 billion in 2025 as combined revenues topped $1 trillion for the first time and load factors hit a record of nearly 84%.

But the industry is flying older planes because Boeing and Airbus can't deliver enough new ones. The duopoly shipped under 1,400 aircraft in 2025, well below the 2018 record of just over 1,600. Boeing has struggled since two fatal 737 MAX crashes in late 2018 and early 2019 led to a 20-month grounding, and a fuselage panel blew off another 737 MAX mid-flight in early 2024. Airbus cut its 2025 delivery target from 820 to 790 in early December due to a supplier's production flaw, and Pratt & Whitney engine problems have grounded a third of the global A320neo fleet.

IATA estimates the aircraft shortage won't resolve before 2031 at the earliest, and the global fleet's average age has climbed to 15 years from 13 in 2019. Annual fuel efficiency gains have slowed from about 2% to 0.3% in 2025, and an IATA and Oliver Wyman report pegs the cost of aging fleets -- extra fuel, repairs, spare parts -- at over $11 billion in 2025.
AI

The Problem With Letting AI Do the Grunt Work (theatlantic.com) 55

The consulting firm CVL Economics estimated last year that AI would disrupt more than 200,000 entertainment-industry jobs in the United States by 2026, but writer Nick Geisler argues in The Atlantic that the most consequential casualties may be the humble entry-level positions where aspiring artists have traditionally paid dues and learned their craft. Geisler, a screenwriter and WGA member who started out writing copy for a how-to website in the mid-2010s, notes that ChatGPT can now handle the kind of articles he once produced.

This pattern is visible today across creative industries: the AI software Eddie launched an update in September capable of producing first edits of films, and LinkedIn job listings increasingly seek people to train AI models rather than write original copy. The story adds: The problem is that entry-level creative jobs are much more than grunt work. Working within established formulas and routines is how young artists develop their skills. The historical record suggests those early rungs matter. Hunter S. Thompson began as a copy boy for Time magazine; Joan Didion was a research assistant at Vogue; directors Martin Scorsese, Jonathan Demme, and Francis Ford Coppola shot cheap B movies for Roger Corman before their breakthrough work. Geisler himself landed his first Netflix screenplay commission through a producer he met while making rough cuts for a YouTube channel. The story adds: Beyond the money, which is usually modest, low-level creative jobs offer practice time and pathways for mentorship that side gigs such as waiting tables and tending bar do not. Further reading: Hollow at the Base.
Businesses

Tough Job Market Has People Using Dating Apps To Get Interviews 42

An anonymous reader quotes a report from Bloomberg: Most people use dating apps to find love. Tiffany Chau used one to hunt for a summer internship. This fall, the 20-year-old junior at California College of the Arts tailored her Hinge profile to connect with people who could offer job referrals or interviews. One match brought her to a Halloween party, where she networked in hopes of landing a product-design internship for the summer. While there, she got some tips from someone who had recently interviewed at Accenture. As for the connection with her date? Not so much. "I feel like my approach to the dating apps is it being another networking platform like everything else, like Instagram or LinkedIn," Chau said.

Chau is among a cadre of workers who are using dating apps to boost their job searches. They're recognizing that the online job hunt is broken as unemployed workers flood the system, AI screens out resumes and many job matching programs are overwhelmed. Automation has squeezed human contact out of hiring, which has pushed applicants to seek any path to a live hiring manager, no matter the means.

The overall US unemployment rate continued to climb throughout 2025, reaching 4.6%, according to the Bureau of Labor Statistics. And while the number of unemployed high school graduates held steady at about 4.4% in November, the rate for workers with a bachelor's degree rose to 2.9% from 2.5% a year ago. About a third of dating app users said they had sought matches for job hook-ups, according to a ResumeBuilder.com survey of about 2,200 US dating site customers in October. Two-thirds targeted potential paramours who worked at a desirable employer. Three-quarters said they matched with people working in roles they wanted.
"People are doing it to expand their networks, make connections, because the best way to get a job today is who you know," said Stacie Haller, ResumeBuilder.com's chief career advisor. "Networking is the only way people are rising above the horror show that the job search is today."
Businesses

Nvidia Takes $5 Billion Stake In Intel Under September Agreement (reuters.com) 31

Nvidia has completed its previously announced $5 billion investment in Intel, buying over 214 million shares at a fixed price after the deal received clearance from Federal Trade Commission. "The leading AI chip designer said in September it would pay $23.28 per share for Intel common stock, in a deal that is seen as a major financial lifeline for the chipmaker after years of missteps and capital intensive production capacity expansions drained its finances," reports Reuters.
AI

China Drafts World's Strictest Rules To End AI-Encouraged Suicide, Violence (arstechnica.com) 34

An anonymous reader quotes a report from Ars Technica: China drafted landmark rules to stop AI chatbots from emotionally manipulating users, including what could become the strictest policy worldwide intended to prevent AI-supported suicides, self-harm, and violence. China's Cyberspace Administration proposed the rules on Saturday. If finalized, they would apply to any AI products or services publicly available in China that use text, images, audio, video, or "other means" to simulate engaging human conversation. Winston Ma, adjunct professor at NYU School of Law, told CNBC that the "planned rules would mark the world's first attempt to regulate AI with human or anthropomorphic characteristics" at a time when companion bot usage is rising globally.

[...] Proposed rules would require, for example, that a human intervene as soon as suicide is mentioned. The rules also dictate that all minor and elderly users must provide the contact information for a guardian when they register -- the guardian would be notified if suicide or self-harm is discussed. Generally, chatbots would be prohibited from generating content that encourages suicide, self-harm, or violence, as well as attempts to emotionally manipulate a user, such as by making false promises. Chatbots would also be banned from promoting obscenity, gambling, or instigation of a crime, as well as from slandering or insulting users. Also banned are what are termed "emotional traps," -- chatbots would additionally be prevented from misleading users into making "unreasonable decisions," a translation of the rules indicates.

Perhaps most troubling to AI developers, China's rules would also put an end to building chatbots that "induce addiction and dependence as design goals." [...] AI developers will also likely balk at annual safety tests and audits that China wants to require for any service or products exceeding 1 million registered users or more than 100,000 monthly active users. Those audits would log user complaints, which may multiply if the rules pass, as China also plans to require AI developers to make it easier to report complaints and feedback. Should any AI company fail to follow the rules, app stores could be ordered to terminate access to their chatbots in China. That could mess with AI firms' hopes for global dominance, as China's market is key to promoting companion bots, Business Research Insights reported earlier this month.

Media

VC Sees AI-generated Video Gutting the Creator Economy (businessinsider.com) 49

AI-generated video tools like OpenAI's Sora will make individual content creators "far, far, far less valuable" as social media platforms shift toward algorithmically generated content tailored to each viewer, according to Michael Mignano, a partner at venture capital firm Lightspeed and who cofounded the podcasting platform Anchor before Spotify acquired it.

Speaking on a podcast, Mignano described a future where content is generated instantaneously and artificially to suit the viewer. The TikTok algorithm is powerful, he said, but it still requires human beings to make content -- and there's a cost to that. AI could drive those costs down significantly. Mignano called this shift the "death of the creator" in a post, acknowledging it was "devastating" but arguing it marked a "whole new chapter for the internet."

In an email to Business Insider, Mignano wrote that quality will win out. "Platforms will no longer reward humans posting the same old, tried and true formats and memes," he wrote. "True uniqueness of image, likeness, and creativity will be the only viable path for human-created content."
Businesses

Job Apocalypse? Not Yet. AI is Creating Brand New Occupations (economist.com) 63

The AI industry, for all the anxiety about mass unemployment, is quietly minting entirely new job categories that require distinctly human skills -- empathy, judgment, and the ability to calm down a passenger trapped inside a broken-down robotaxi. Data annotators are no longer just low-paid gig workers tagging images. Experts in finance, law, and medicine now train advanced AI models, earning $90 an hour on average through platforms like Mercor, a startup recently valued at $10 billion, according to CEO Brendan Foody.

Forward-deployed engineers, a role pioneered by Palantir, customize AI tools on-site for clients; YCombinator's portfolio companies now have 63 job postings for such roles, up from four last year. The AI Workforce Consortium, a research group led by Cisco that examined 50 IT jobs across wealthy countries, found AI risk-and-governance specialists to be the fastest-growing category -- outpacing even AI programmers.
Businesses

Global Hotel Groups Bet on Customer Loyalty To Beat Online and AI Agents (ft.com) 25

The world's largest hotel chains are aggressively pushing customers toward direct bookings as they brace for a future where AI "agents" could reshape how travelers find and reserve rooms. Marriott, Hilton, Hyatt and Wyndham have all expanded their loyalty programs and perks in recent months, aiming to reduce their reliance on online travel agents like Expedia and Booking.com that typically charge commissions of 15 to 25%.

Marriott's Bonvoy program reached almost 260 million members by the end of September, an 18% jump from the prior year. Hilton has lowered the barriers to elite status and struck partnerships that let members spend points outside its hotel portfolio.

AI-powered booking tools could route customers away from brand-conscious decisions, but they could also offer hotels a cheaper distribution channel than traditional OTAs. Marriott CFO Leeny Oberg said at a conference this month that AI bookings "could potentially be cheaper than the OTAs." Wyndham CEO Geoff Ballotti called tools like ChatGPT and Gemini "a unique opportunity" to reduce OTA dependency.
Businesses

UK Accounting Body To Halt Remote Exams Amid AI Cheating (theguardian.com) 20

The world's largest accounting body is to stop students being allowed to take exams remotely to crack down on a rise in cheating on tests that underpin professional qualifications. From a report: The Association of Chartered Certified Accountants (ACCA), which has almost 260,000 members, has said that from March it will stop allowing students to take online exams in all but exceptional circumstances. "We're seeing the sophistication of [cheating] systems outpacing what can be put in, [in] terms of safeguards," Helen Brand, the chief executive of the ACCA, said in an interview with the Financial Times.

Remote testing was introduced during the Covid pandemic to allow students to continue to be able to qualify at a time when lockdowns prevented in-person exam assessment. In 2022, the Financial Reporting Council (FRC), the UK's accounting and auditing industry regulator, said that cheating in professional exams was a "live" issue at Britain's biggest companies. A number of multimillion-dollar fines have been issued to large auditing and accounting companies around the world over cheating scandals in tests.

Open Source

Up Next for Arduino After Qualcomm Acquisition: High-Performance Computing (eetimes.com) 26

Even after its acquisition by Qualcomm, the EFF believes Arduino "isn't imposing any new bans on tinkering with or reverse engineering Arduino boards," (according to Mitch Stoltz, EFF director for competition and IP litigation). While Adafruit's managing editor Phillip Torrone had claimed to 36,000+ followers on LinkedIn that Arduino users were now "explicitly forbidden from reverse engineering," Arduino corrected him in a blog post, noting that clause in their Terms & Conditions was only for Arduino's Software-as-a-Service cloud applications. "Anything that was open, stays open."

And this week EE Times spoke to Guneet Bedi, SVP of Arduino, "who was unequivocal in saying that Arduino's governance structure had remained intact even after the acquisition." "As a business unit within Qualcomm, Arduino continues to make independent decisions on its product portfolio, with no direction imposed on where it should or should not go," Bedi said. "Everything that Arduino builds will remain open and openly available to developers, with design engineers, students and makers continuing to be the primary focus.... Developers who had mastered basic embedded workflows were now asking how to run large language models at the edge and work with artificial intelligence for vision and voice, with an open source mindset," he said. According to Bedi, this was where Qualcomm's technology became relevant. "Qualcomm's chipsets are high performance while also being very low power, which comes from their mobile and Android phone heritage. Despite being great technology, it is not easily accessible to design engineers because of cost and complexity. That made this a strong fit," he said.

The most visible outcome of this acquisition is Uno Q, which Bedi described as being comparable to a mid-tier Android phone in capability, starting at a price of $44. For Arduino, this marked a shift beyond microcontrollers without abandoning them. "At the end of the day, we have not gone away from our legacy," Bedi said. "You still have a real-time microcontroller, and you still write code the way Arduino developers are used to. What we added is compute, without forcing people to change how they work." Uno Q combines a Linux-based compute system with a real-time microcontroller from the STM32 family. "You do not need two different development environments or two different hardware platforms," Bedi added... Rather than introducing a customized operating system, Arduino chose standard Debian upstream. "We are not locking developers into anything," Bedi said. "It is standard Debian, completely open...." Pre-built models covering tasks like object detection and voice recognition run locally on the board....

While the first reference design uses Qualcomm silicon, Bedi was careful to stress that this does not define the roadmap. "There is zero dependency on Qualcomm silicon," he said. "The architecture is portable. Tomorrow, we can run this on something else." That distinction matters, particularly for developers wary of vendor lock-in following the acquisition. Uno Q does compete directly with platforms like Raspberry Pi and Nvidia Jetson, but Bedi framed the difference less in terms of raw performance and more in flexibility. "When you build on those platforms, you are locked to the board," he said. "Here, you can build a prototype, and if you like it, you can also get access to the chip and design your own hardware." With built-in storage removing the need for external components, Uno Q positions itself less as a faster board and more as a way to simplify what had become an increasingly messy development stack...

Looking a year ahead, Bedi believes developers should experience continuity rather than disruption. The familiar Arduino approach to embedded and real-time systems remains unchanged, while extending naturally into more compute-intensive applications... Taken together, Bedi's comments suggest that Arduino's post-acquisition direction is less about changing what Arduino is, and more about expanding what it can realistically be used for, without abandoning the simplicity that made it relevant in the first place.

"We want to redefine prototyping in the age of physical artificial intelligence," Bedi said...
Hardware

How Will Rising RAM Prices Affect Laptop Companies? (notebookcheck.net) 53

Laptop makers are facing record-setting memory prices next year. The site Notebookcheck catalogs how different companies are responding: Sources told [Korean business newspaper] Chosun Biz that some manufacturers have signed preliminary contracts with Samsung, Micron, and SK Hynix. Even so, it won't prevent DDR5 RAM prices from soaring 45% higher by the end of 2026.... Before the memory shortage, PC sales had been on the upswing in part because of forced Windows 11 upgrades. That trend will likely reverse in 2026, as buyers avoid Lenovo laptops and alternatives from its rivals.

Realizing a slowdown in purchases is inevitable, postponed launches are one potential outcome. Other manufacturers, including Dell and Framework have already announced impending price hikes... [The article also cites reports that one laptop manufacturer "plans to raise the prices of high-end models by as much as 30%."] U.S.-based Maingear now encourages customers to mail in their own modules to complete custom builds. Yet, without recycling parts from older systems, that won't result in significant savings for consumers.

Businesses

Video Call Glitches Evoke Uncanniness, Damage Consequential Life Outcomes (nature.com) 52

Those brief freezes and audio hiccups that plague video calls are not the benign nuisances that most people assume them to be, according to a new study published in Nature that found glitches during virtual interactions can meaningfully damage hiring prospects, reduce trust in healthcare providers and even correlate with lower chances of being granted parole.

Researchers from Columbia, Cornell, and the University of Missouri-Kansas City conducted ten studies examining glitches across thousands of participants and real-world parole hearing transcripts. The core finding is that glitches harm interpersonal judgments because they break the illusion of face-to-face contact, triggering what psychologists call "uncanniness" -- a strange, creepy, or eerie feeling typically associated with humanoid robots or CGI characters that look almost but not quite human.

In one experiment, participants watching a telehealth pitch chose to work with a health professional 77% of the time when no glitches occurred, but only 61% when brief freezes were present. The job interview studies found similar patterns, and when researchers examined 472 Kentucky parole hearings conducted over Zoom, they found that inmates were granted parole 60% of the time in glitch-free hearings versus 48% when transcripts indicated technical problems had occurred.

The researchers ruled out simpler explanations like mere disruption or comprehension difficulties. Glitches inserted during natural pauses in speech -- where no information was lost -- still damaged evaluations. And critically, when participants watched presentations where a shared screen froze rather than a human face, glitches had no effect on judgments at all. The uncanniness only emerged when the technology broke the simulation of sitting across from another person.
Transportation

Driverless Future Gains Momentum With Global Robotaxi Deployments (reuters.com) 28

The global push to put autonomous taxis on public roads is accelerating as ride-hailing companies and technology firms advance from pilot programs toward limited commercial rollouts in cities across China, the United States, Europe and the Middle East.

WeRide and Uber launched Level 4 fully driverless robotaxi operations in Abu Dhabi in November and began offering robotaxi passenger rides on Uber's platform in Dubai the following month. Amazon's Zoox started offering free rides to select early users in parts of San Francisco in November after launching its autonomous ride-hailing service on the Las Vegas Strip in September. Alphabet's Waymo now operates services in Phoenix, San Francisco, and Los Angeles -- the latter two having launched in June and November 2024 respectively.

Baidu's Apollo Go has been operating without safety drivers in Chongqing and Wuhan since securing permits in August 2022 and has since expanded to Shenzhen and Beijing. Pony.ai launched paid robotaxi services in Guangzhou in February and Shanghai in August. Tesla began a limited paid robotaxi rollout in Austin, Texas in June using Model Y SUVs, though the vehicles still require a safety monitor onboard. The expansion will continue in 2026: Waymo plans to launch an autonomous ride-hailing service in London, and Momenta is preparing a luxury robotaxi service in Abu Dhabi through a partnership with Mercedes-Benz and UAE taxi operator Lumo.

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