Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years [non-paywalled link] in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. From a report: Bankman-Fried, 32, was convicted in November of fraud and conspiracy -- a dramatic fall from a crest of success. U.S. District Judge Lewis A. Kaplan imposed the sentence in the same Manhattan courtroom where, four months ago, Bankman-Fried testified that his intention had been to revolutionize the emerging cryptocurrency market with his innovative and altruistic ideas, not to steal.

Kaplan said the sentence reflected "that there is a risk that this man will be in position to do something very bad in the future. And it's not a trivial risk at all." He added that it was "for the purpose of disabling him to the extent that can appropriately be done for a significant period of time." Prior to sentencing, Bankman-Fried had said, "My useful life is probably over. It's been over for a while now, from before my arrest."

Amazon plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected explosion in demand for artificial intelligence applications and other digital services. From a report: The spending spree is a show of force as the company looks to maintain its grip on the cloud services market, where it holds about twice the share of No. 2 player Microsoft. Sales growth at Amazon Web Services slowed to a record low last year as business customers cut costs and delayed modernization projects. Now spending is starting to pick up again, and Amazon is keen to secure land and electricity for its power-hungry facilities.

"We're expanding capacity quite significantly," said Kevin Miller, an AWS vice president who oversees the company's data centers. "I think that just gives us the ability to get closer to customers." Over the past two years, according to a Bloomberg tally, Amazon has committed to spending $148 billion to build and operate data centers around the world. The company plans to expand existing server farm hubs in northern Virginia and Oregon as well as push into new precincts, including Mississippi, Saudi Arabia and Malaysia.

Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the wave of central bank digital currencies now in development to the existing finance system, it has told Reuters. From the report: The move, which would be one of the most significant yet for the nascent CBDC ecosystem given SWIFT's key role in global banking, is likely to be fine-tuned to when the first major ones are launched. Around 90% of the world's central banks are now exploring digital versions of their currencies. Most don't want to be left behind by bitcoin and other cryptocurrencies, but are grappling with technological complexities.

SWIFT's head of innovation, Nick Kerigan, said its latest trial, which took 6 months and involved a 38-member group of central banks, commercial banks and settlement platforms, had been one of the largest global collaborations on CBDCs and "tokenised" assets to date. It focused on ensuring different countries' CBDCs can all be used together even if built on different underlying technologies, or "protocols", thereby reducing payment system fragmentation risks.

The U.S. Air Force paid for a test version of an AI-powered chatbot to assist in intelligence and surveillance tasks as part of a $1.2 million deal, according to internal Air Force documents obtained by 404 Media. From the report: The news provides more insight into what military agencies are currently exploring using AI for, and comes as more AI companies eye the military space as a business opportunity. OpenAI, for instance, quietly removed language that expressly prohibited its technology for military purposes in January. "Edge Al Platform for Space and Unmanned Aerial Imagery Intelligence," a section of one of the documents reads. The contract is between the Air Force and a company called Misram LLC, which also operates under the name Spectronn.

Included in a "milestone schedule" explaining the specifics of the deal are the items "ISR chatbot design" and "ISR chatbot software." ISR refers to intelligence, surveillance, and reconnaissance, a common military term. Other items in the schedule include "data ingestion tool" and "data visualization tool." 404 Media obtained the documents through a Freedom of Information Act (FOIA) request with the Air Force. On its website, Spectronn advertises an "AI Digital Assistant for Analytics." It says the bot can take data such as images and videos, and then answer plain English questions about that information. "Current analytics dashboard solutions are complex and not human-friendly. It leads to severe latency (from hours to days), cognitive load on the data analyst, false alarms, and frustrated decision makers or end-users," it reads.

An anonymous reader quotes a report from Reuters: An environmental community group on Tuesday sued Stronghold Digital Mining claiming the company's bitcoin mine in northeastern Pennsylvania that burns waste coal and old tires for energy is polluting nearby communities with dangerous chemicals. The lawsuit by Save Carbon County filed in state court in Philadelphia, also names Pennsylvania as a defendant. The group, a nonprofit whose members live near the bitcoin mine, is seeking compensatory and punitive damages from the company, and an order directing the state to stop allowing the pollution to continue. The group said Stronghold has created a public and private nuisance by releasing mercury into waterways and spewing harmful chemicals like sulfur dioxide into the air from an aging power plant it bought to power its energy-thirsty operations. The state has issued permits allowing the pollution and subsidized the crypto-mine through tax incentives despite having an affirmative duty in the state constitution to protect the environment for its citizens, according to the lawsuit. A Stronghold spokesperson said in a statement that its operations actually clean up land and water in the area by using waste coal left behind by historic coal production in the region. "Stronghold's facilities have cleaned up millions of tons of waste coal and reclaimed over 1,050 acres of once-blighted land, now sports fields, parks, and fishing spots for local communities," the spokesperson said.

Web-based design platform Canva has acquired the Affinity creative software suite for an undisclosed sum, though Bloomberg reports that it's valued at "several hundred million [British] pounds." The Verge reports that the acquisition helps the company "[position] itself as a challenger to Adobe's grip over the digital design industry." From the report: Canva announced the deal on Tuesday, which gives the company ownership over Affinity Designer, Photo, and Publisher -- three popular creative applications for Windows, Mac, and iPad that provide similar features to Adobe's Illustrator, Photoshop, and InDesign software, respectively. [T]he acquisition makes sense as the Australian-based company tries to attract more creative professionals. As of January this year, Canva's design platform attracted around 170 million monthly global users. That's a lot of people who probably aren't using equivalent Adobe software like Express, but unlike Adobe, Canva doesn't have its own design applications that target creative professionals like illustrators, photographers, and video editors.

Affinity apps are used by over three million global users according to Canva -- that's a fraction of Adobe's user base, but Affinity shouldn't be underestimated here. The decision to make its Affinity applications a one-time-purchase with no ongoing subscription fees has earned it a loyal fanbase, especially with creatives who are actively looking for alternatives to Adobe's subscription-based design ecosystem. In an interview with the Sydney Morning Herald, Canva co-founder Cameron Adams said that Affinity applications will remain separate from Canva's platform, but that some small integrations should be expected over time. "Our product teams have already started chatting and we have some immediate plans for lightweight integration, but we think the products themselves will always be separate," said Adams.

Portugal's data regulator has ordered Sam Altman's iris-scanning project Worldcoin to stop collecting biometric data for 90 days, it said on Tuesday, in the latest regulatory blow to a venture that has raised privacy concerns in multiple countries. From a report: Worldcoin encourages people to have their faces scanned by its "orb" devices, in exchange for a digital ID and free cryptocurrency. More than 4.5 million people in 120 countries have signed up, according to Worldcoin's website. Portugal's data regulator, the CNPD, said there was a high risk to citizens' data protection rights, which justified urgent intervention to prevent serious harm. More than 300,000 people in Portugal have provided Worldcoin with their biometric data, the CNPD said.

An anonymous reader shares a report: About 6,000 older Bitcoin mining machines in the US will soon be idled and sent to a warehouse in Colorado Springs where they'll be refreshed and resold to buyers overseas looking to profit from mining in lower-cost environs. Wholesaler SunnySide Digital operates the 35,000 square-foot facility taking in the equipment from a mining client. The outdated machines are among several hundred-thousand it expects to receive and refurbish around a major quadrennial update in the Bitcoin blockchain.

Known as the halving, the late April event will slash the reward that's the main revenue stream for miners, who will try to lessen the impact by upgrading to the latest and most efficient technology. With electricity the biggest expense, mining companies including publicly traded giants Marathon Digital Holdings and Riot Platforms need to lower usage costs to maintain a positive margin. Their older computers may still bring a profit, just not likely in the US.

Some 600,000 S19 series computers, which account for a majority of machines currently in use, are moving out of the US mostly to Africa and South America, according to an estimate by Ethan Vera, chief operating officer at crypto-mining services and logistics provider Luxor Technology in Seattle. In Bitcoin mining, specialized machines are used to validate transactions on the blockchain and earn operators a fixed token reward. Anonymous Bitcoin creator Satoshi Nakamoto baked in the once-every-four-years halving to maintain the hard cap of 21 million tokens. Next month's event is the fourth since 2012 and the reward will drop to 3.125 Bitcoin from 6.25 now.

Apple has been hit with a flurry of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market, piggybacking on a sweeping antitrust case lodged by the U.S. Justice Department and 15 states last week. From a report: At least three proposed class actions have been filed since Friday in California and New Jersey federal courts by iPhone owners who claim Apple inflated the cost of its products through anticompetitive conduct. The lawsuits, seeking to represent millions of consumers, mirror the Justice Department's claims that Apple violated U.S. antitrust law by suppressing technology for messaging apps, digital wallets and other items that would have increased competition in the market for smartphones.

In a state where housing is expensive to build, to rent, or to buy — and not especially energy efficient — can a big blue robot make a difference?

The Boston Globe reports on Reframe Systems, one of the companies "trying robots to make construction more efficient" — in this case, "working alongside humans in an assembly line to build small houses in a factory." [Its cofounders] learned to get robots and humans to work together while at Amazon, which has built more than 750,000 bots in Massachusetts and deployed them to distribution centers around the world. Advising the company are Amy Villeneuve, former chief operating officer of that Amazon division, and Charly Mwangi, a veteran of the carmakers Nissan, Tesla, and Rivian...

Standing at one end of Reframe's factory, [cofounder Aaron] Small explained that the company's ambition is to build net-zero houses — houses that produce as much energy as they use — "twice as fast as traditional methods, twice as cheap, and with 10 times lower carbon" emissions. That means using large screws called helical piles to fix the house to the site, instead of a concrete foundation. (Concrete production generates large amounts of carbon dioxide.) The company buys recycled cellulose insulation to fill the walls. Solar panels go on the roof and triple-paned windows in the walls...

Reframe's "microfactory" can produce between 30 and 50 homes a year, [cofunder Vikas] Enti said. Eventually, the company aims to set up larger factories around the country, all within an hour's drive of big cities.
After a home is trucked to its final destination, "Electrical wires and plumbing are installed in both floors and walls as they're built," according to the article.

"Employees toting iPads can refer to digital construction drawings and get step-by-step instructions about tasks from cutting lumber to connecting pipes." One of the co-founders says, "We like to compare it to Lego instructions."

The European Union has launched investigations into Apple, Meta and Google under its sweeping new digital-competition law, adding to the regulatory scrutiny large U.S. tech companies are facing worldwide. From a report: The suite of probes [Editor's note: the link may be paywalled; official press release here] announced Monday are the first under the EU's Digital Markets Act law, which took effect earlier this month. They come less than a week after the Justice Department sued Apple over allegations it makes it difficult for competitors to integrate with the iPhone, ultimately raising prices for customers. Apple and Google will now face EU scrutiny of how they are complying with rules that say they must allow app developers to inform customers about alternative offers outside those companies' main app stores. The European Commission, the EU's executive arm, said it is concerned about constraints the tech companies place on developers' ability to freely communicate with users and promote their offers.

The bloc will also examine changes that Google made to how its search results appear in Europe. The new digital competition law says companies cannot give their own services preference over similar services that are offered by rivals. Another probe will look at how Apple complies with rules that say users should be able to easily remove software applications and change default settings on their iPhones, as well as how the company shows choice screens that offer alternative search engine and browser options.

"If you've ever jokingly wondered if your search or viewing history is going to 'put you on some kind of list,' your concern may be more than warranted," writes Mashable : In now unsealed court documents reviewed by Forbes, Google was ordered to hand over the names, addresses, telephone numbers, and user activity of Youtube accounts and IP addresses that watched select YouTube videos, part of a larger criminal investigation by federal investigators.

The videos were sent by undercover police to a suspected cryptocurrency launderer... In conversations with the bitcoin trader, investigators sent links to public YouTube tutorials on mapping via drones and augmented reality software, Forbes details. The videos were watched more than 30,000 times, presumably by thousands of users unrelated to the case. YouTube's parent company Google was ordered by federal investigators to quietly hand over all such viewer data for the period of Jan. 1 to Jan. 8, 2023...
"According to documents viewed by Forbes, a court granted the government's request for the information," writes PC Magazine, adding that Google was asked "to not publicize the request." The requests are raising alarms for privacy experts who say the requests are unconstitutional and are "transforming search warrants into digital dragnets" by potentially targeting individuals who are not associated with a crime based simply on what they may have watched online.
That quote came from Albert Fox-Cahn, executive director at the Surveillance Technology Oversight Project, who elaborates in Forbes' article. "No one should fear a knock at the door from police simply because of what the YouTube algorithm serves up. I'm horrified that the courts are allowing this."

Thanks to long-time Slashdot reader schwit1 for sharing the article.

"Hollywood is bracing for another actors strike, this time against the videogame industry," according to MarketWatch: "We're currently in bargaining with all the major game studios, and the major sticking point is AI," SAG-AFTRA National Executive Director Duncan Crabtree-Ireland said Thursday. "Actors at all levels are at risk of digital replication. We have strike authorization on that contract and it is, at this point — we could end up going on strike...."

The union, which navigated its way to a new film and TV contract after a 118-day strike against the Hollywood studios last year, is again focusing on regulating artificial intelligence and its impact on wages and jobs. "It will be a recurring issue with each successive contract" every three years, Crabtree-Ireland said.
Some studios are already using AI-generated voices to save money, the article points out. "Actors and actresses should be very much afraid," Chris Mattmann, an adjunct research professor at the University of Southern California's Computer Science Department, says in the article. "Within three seconds, gen AI can effectively clone a voice."

The strike could affect Microsoft's Activision Publishing and Disney, as well as other major game publishers including Electronic Arts, Epic Games, and Warner Bros.

It was March 24, 1999 that The Matrix premiered, premembers the Wall Street Journal. "To rewatch The Matrix is to be reminded of how primitive our technology was just 25 years ago. We see computers with bulky screens, cellphones with keypads and a once-ubiquitous feature of our society known as 'pay phones,' central to the plot of the film."

But the article's headline warns that "25 Years Later, We're All Trapped in 'The Matrix'". [I]n a strange way, the film has become more relevant today than it was in 1999. With the rise of the smartphone and social media, genuine human interaction has dropped precipitously. Today many people, like Cypher, would rather spend their time in the imaginary realms offered by technology than engage in a genuine relationship with other human beings.

In the film, one of the representatives of the AI, the villainous Agent Smith, played by Hugo Weaving, tells Morpheus that the false reality of the Matrix is set in 1999 because that year was "the peak of your civilization. I say your civilization, because as soon as we started thinking for you it really became our civilization." Indeed, not long after "The Matrix" premiered, humanity hooked itself up to a matrix of its own. There is no denying that our lives have become better in many ways thanks to the internet and smartphones. But the epidemic of loneliness and depression that has swept society reveals that many of us are now walled off from one another in vats of our own making...

For today's dwellers in the digital cave, the path back into the light doesn't involve taking a pill, as in "The Matrix," or being rescued by a philosopher. We ourselves have the power to resist the extremes of the digital world, even as we remain linked to it. You can find hints of an unplugged "Zion" in the Sabbath tables of observant Jews, where electronic devices are forbidden, and in university seminars where laptops are banned so that students can engage with a text and each other.

Twenty-five years ago, "The Matrix" offered us a modern twist on Plato's cave. Today we are once again asking what it will take to find our way out of the lonely darkness, into the brilliance of other human souls in the real world.

An anonymous reader quotes a report from Wired: Former president Donald Trump'sTruth Social, a shameless Twitter clone, is set to become a publicly traded company as soon as next week. Shareholders of Digital World Acquisition Corp. voted on Friday to merge with Trump Media and Technology Group, the company behind Truth Social. The vote is a culmination of a years-long saga attempting to merge Trump Media with a publicly traded company in what's known as a SPAC deal. The company will trade under the ticker DJT once it goes public. [...] Truth Social looks nearly identical to Twitter, with some key distinctions. Instead of "tweeting," users post a "truth." A "retweet" is called a "retruth." Unlike many right-wing Twitter clones, the site functions well, has remained mostly online, and actually appears to have a somewhat active user base. But since launching in February 2022, after Trump was kicked off of mainstream platforms for inciting violence during the January 6 riot at the Capitol, the company has been mired in controversy.

An anonymous reader quotes a report from the New York Times: General Motors said Friday that it had stopped sharing details about how people drove its cars with two data brokers that created risk profiles for the insurance industry. The decision followed a New York Times report this month that G.M. had, for years, been sharing data about drivers' mileage, braking, acceleration and speed with the insurance industry. The drivers were enrolled -- some unknowingly, they said -- in OnStar Smart Driver, a feature in G.M.'s internet-connected cars that collected data about how the car had been driven and promised feedback and digital badges for good driving. Some drivers said their insurance rates had increased as a result of the captured data, which G.M. shared with two brokers, LexisNexis Risk Solutions and Verisk. The firms then sold the data to insurance companies. Since Wednesday, "OnStar Smart Driver customer data is no longer being shared with LexisNexis or Verisk," a G.M. spokeswoman, Malorie Lucich, said in an emailed statement. "Customer trust is a priority for us, and we are actively evaluating our privacy processes and policies."

An Internet service provider that admitted lying to the FCC about where it offers broadband will pay a $10,000 fine and implement a compliance plan to prevent future violations. ArsTechnica: Jefferson County Cable (JCC), a small ISP in Toronto, Ohio, admitted that it falsely claimed to offer fiber service in an area that it hadn't expanded to yet. A company executive also admitted that the firm submitted false coverage data to prevent other ISPs from obtaining government grants to serve the area. Ars helped expose the incident in a February 2023 article.

The FCC announced the outcome of its investigation on March 15, saying that Jefferson County Cable violated the Broadband Data Collection program requirements and the Broadband DATA Act, a US law, "in connection with reporting inaccurate information or data with respect to the Company's ability to provide broadband Internet access service." The FCC said: "To settle this matter, Jefferson County Cable agrees to pay a $10,000 civil penalty to the United States Treasury. Jefferson County Cable also agrees to implement enhanced compliance measures. This action will help further the Commission's efforts to bridge the digital divide by having accurate data of locations where broadband service is available."

An anonymous reader quotes a report from Wired: When thousands of security researchers descend on Las Vegas every August for what's come to be known as "hacker summer camp," the back-to-back Black Hat and Defcon hacker conferences, it's a given that some of them will experiment with hacking the infrastructure of Vegas itself, the city's elaborate array of casino and hospitality technology. But at one private event in 2022, a select group of researchers were actually invited to hack a Vegas hotel room, competing in a suite crowded with their laptops and cans of Red Bull to find digital vulnerabilities in every one of the room's gadgets, from its TV to its bedside VoIP phone. One team of hackers spent those days focused on the lock on the room's door, perhaps its most sensitive piece of technology of all. Now, more than a year and a half later, they're finally bringing to light the results of that work: a technique they discovered that would allow an intruder to open any of millions of hotel rooms worldwide in seconds, with just two taps.

Today, Ian Carroll, Lennert Wouters, and a team of other security researchers are revealing a hotel keycard hacking technique they call Unsaflok. The technique is a collection of security vulnerabilities that would allow a hacker to almost instantly open several models of Saflok-brand RFID-based keycard locks sold by the Swiss lock maker Dormakaba. The Saflok systems are installed on 3 million doors worldwide, inside 13,000 properties in 131 countries. By exploiting weaknesses in both Dormakaba's encryption and the underlying RFID system Dormakaba uses, known as MIFARE Classic, Carroll and Wouters have demonstrated just how easily they can open a Saflok keycard lock. Their technique starts with obtaining any keycard from a target hotel -- say, by booking a room there or grabbing a keycard out of a box of used ones -- then reading a certain code from that card with a $300 RFID read-write device, and finally writing two keycards of their own. When they merely tap those two cards on a lock, the first rewrites a certain piece of the lock's data, and the second opens it.

Dormakaba says that it's been working since early last year to make hotels that use Saflok aware of their security flaws and to help them fix or replace the vulnerable locks. For many of the Saflok systems sold in the last eight years, there's no hardware replacement necessary for each individual lock. Instead, hotels will only need to update or replace the front desk management system and have a technician carry out a relatively quick reprogramming of each lock, door by door. Wouters and Carroll say they were nonetheless told by Dormakaba that, as of this month, only 36 percent of installed Safloks have been updated. Given that the locks aren't connected to the internet and some older locks will still need a hardware upgrade, they say the full fix will still likely take months longer to roll out, at the very least. Some older installations may take years.

couchslug shares a report from ITPro: A European cloud trade body has called for an investigation into Broadcom amid concerns over changes it has made to VMware licensing structures. The Cloud Infrastructure Service Providers in Europe (CISPE) consortium called on regulatory and legislative bodies across Europe to investigate the changes Broadcom has made to the VMware operating model, which it says will "decimate" the region's cloud infrastructure. "CISPE calls upon regulators, legislators and courts across Europe to swiftly scrutinize the actions of Broadcom in unilaterally canceling license terms for essential virtualization software," the trade body said in a statement. Since acquiring VMware in November 2023, Broadcom has embarked on a comprehensive overhaul of software licensing at the firm, which has drawn widespread criticism from customers. Broadcom stated it would continue to support customers under a perpetual licensing agreement for the period defined in the contract, but following this customers would need to exchange any remaining licenses for subscription-based products. This has left both cloud service vendors and customers in limbo, according to CISPE, without any solid information on how, when, or if they will be able to license VMware products essential for their operations from April 2024. Moreover, even if they are able to relicense the VMware software, a number of customers reported dramatic price hikes of as much as 12 times.

CISPE's characterisation of the move was far less charitable, arguing Broadcom is using VMware's market dominance, controlling almost 45% of the virtualization market, to charge exorbitant rents from cloud providers. Several CISPE members admitted that without the ability to license VMware products they will be unable to operate and will go bankrupt, with some stating that over 75% of their revenue depends on VMware virtualization tech. Members added that they often received termination notices late, if at all, with short notice periods that spanned just a few weeks. In addition, CISPE also complained about the decision to remove hundreds of products without any notice, and re-bundle the outstanding products under new prohibitive contract terms, despite there being no changes to the products themselves. Francisco Mingorance, secretary general of CISPE, said the changes will hurt both European customers and cloud service providers by increasing costs and reducing choice. At a time when our members are moving to support the requirements for switching and portability between cloud services outlined in the Data Act, Broadcom is holding the sector to ransom by leveraging VMware's dominance of the virtualization sector to enforce unfair license terms and extract unfair rents from European cloud customers," Mingorance said.

CISPE noted that for some cloud sector applications that require certifications by software or service providers, VMware products are the only viable option. As such, the association called for Broadcom to be recognized as a designated gatekeeper under the terms of the Digital Markets Act (DMA) that came into force on March 7, 2024. Mingorance argued Broadcom's moves will only further restrict an already limited set of options for cloud providers in Europe, warning that Broadcom has a dangerous degree of control over the region's digital ecosystems. "As well as inflicting financial damage on the European digital economy, these actions will decimate Europe's independent cloud infrastructure sector and further reduce the diversity of choice for customers," he explained. "Dominant software providers, in any sector from productivity software to virtualization, must not be allowed to wield life or death power over Europe's digital ecosystems."

The Justice Department sued Apple on Thursday, alleging the tech giant blocked software developers and mobile gaming companies from offering better options on the iPhone, resulting in higher prices for consumers. WSJ: The government's antitrust complaint, filed in a New Jersey federal court, alleges Apple used its control of the iPhone to prevent competitors from offering innovative services such as digital wallets and limited the functionality of hardware products that compete with Apple's own devices. The suit also claims that Apple makes it difficult for users to switch to devices that don't use Apple's operating system, such as Android smartphones.

"Consumers should not have to pay higher prices because companies violate the antitrust laws," Attorney General Merrick Garland said in a statement. Apple said it plans to vigorously defend against the lawsuit. "This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets," an Apple spokesman said in a statement. "If successful, it would hinder our ability to create the kind of technology people expect from Apple -- where hardware, software, and services intersect." The case against Apple is the last shoe to drop on the big four tech giants by U.S. antitrust officials.