Former President Donald Trump is about to launch a crypto platform called "The DeFiant Ones," according to a post of his on Truth Social. "For too long, the average American has been squeezed by the big banks and financial elites," Trump wrote. "It's time we take a stand -- together." From a report: The post marks the first time the Republican nominee for president has used his personal platform to promote the as yet unactivated digital bank. Within minutes, his son Donald Trump Jr., shared the post with his 12 million X followers. Trump's post includes a link to a Telegram channel called "The DeFiant Ones," which had approximately 29,000 followers as of Thursday morning, and climbing. An Aug. 15 post describes the group chat as "the only official Telegram channel for the Trump DeFi project" which is building "the future of finance."

Two of Trump's sons, Eric Trump and and Donald Jr., have spent weeks teasing the forthcoming platform, which Eric recently described as "digital real estate." "It's equitable. It's collateral anyone can get access to and do so instantly," Eric told the New York Post earlier this month. "I don't know if people realize what a shake up that is for the world of banking and finance. I hope we can help change that." The Trump brothers have also promoted the project with posts declaring that "decentralized finance is the future" and asking people to "stay tuned for a big announcement."

The mention of digital real estate could be a reference to selling digitized versions of assets in the metaverse, a concept which peaked in popularity in 2021 during the last bull market cycle in crypto. Digitized real estate could also mean that the project would tokenize real-world assets. [...] Trump's eldest son recently said that the family wasn't launching a memecoin and instead, was working to develop a crypto platform that would rival the traditional banking system. "What we want to do is take on a lot of the banking world," he said Aug. 8. "I think there has been a lot of inequality in that only certain people can get financing [...] so this notion of decentralized finance is obviously very appealing to guys like me who have been debanked," Donald Trump Jr. said in the interview on Locals.

Apple will change how users choose browser options in the European Union, add a dedicated section for changing default apps, and make more apps deletable, the company said on Thursday. From a report: The iPhone maker came under pressure from regulators to make changes after the EU's sweeping Digital Markets Act took effect on March 7, forcing it to offer mobile users the ability to select from a list of available web browsers on a "choice screen" the first time they open Safari. In an update later this year, Apple users will be able to select a default browser directly from the choice screen after going through a mandatory list of options.

A randomly ordered list of 12 browsers per EU country will be shown to the user with short descriptions, and the chosen one will be automatically downloaded, Apple said. The choice screen will also be available on iPads through an update later this year. Apple released a previous update in response to the new rules in March, but browser companies criticized the design of its choice screen, and the Commission opened an investigation on March 25 saying it suspected that the measures fell short of effective compliance. [...] Users will also be able to delete certain Apple-made apps such as App Store, Messages, Camera, Photos and Safari.

According to Bloomberg's Mark Gurman (paywalled), App Store vice president Matt Fischer is departing the company in October as Apple prepares for organizational changes in response to regulatory pressure. MacRumors reports: Apple plans to split its App Store group into two teams, one that handles the App Store and a second team that oversees alternative app distribution. As of earlier this year, Apple has supported iOS app downloads from alternative app stores and from websites in the European Union, a change that the company had to make to comply with the Digital Markets Act. To handle ongoing compliance with EU regulations for app distribution and alternative payment methods, App Store chief Phil Schiller is changing the App Store's hierarchy.

Fischer joined Apple in 2003 to oversee iTunes marketing, but he has served as the vice president of the App Store since 2010. In an email to Apple employees today, Fischer said that he had been thinking about leaving Apple for some time, and the reorganization provided the right opportunity. With Fischer leaving, App Store senior director Carson Oliver will oversee the App Store, and Ann Thai, a director who oversees App Store features, will head up the team that handles alternative app distribution.

South Africa's telecoms industry body is pushing for digital content and service providers to help pay for the roll out of network infrastructure because they generate a huge part of the internet traffic. From a report: The Association of Comms and Technology (ACT) CEO Nomvuyiso Batyi said that the revenues generated by over-the-top (OTT) platforms and the continued success of the OTT model was dependent on the availability of high-quality, reliable and efficient network infrastructure. So "what we're saying is that the OTTs should contribute towards the network upgrades, the network building," she added. OTT platforms or services deliver digital content such as video, audio and messaging directly to consumers over the internet. "Fair share" arrangements ensure that OTT providers contribute to the costs of building, maintaining, and upgrading the infrastructure that supports their business.

Microsoft is launching three new Xbox Series S / X console options in October. From a report: There's the $449.99 white discless Xbox Series X, a 2TB "Galaxy Black" special-edition Xbox Series X priced at $599.99, and a $349.99 1TB Xbox Series S. All three models will be available in the US on October 15th, with other markets to follow on October 29th.

The white coating on the exterior of this new discless Xbox Series X matches the "robot white" found on the Xbox Series S, Microsoft's smaller $299 console. While leaks of the white Xbox Series X hinted that Microsoft may upgrade the heatsink used to cool the console, the company hasn't detailed any hardware changes beyond the removal of the disc drive here.

TV manufacturers are shifting their focus from hardware sales to viewer data and advertising revenue. This trend is driven by declining profit margins on TV sets and the growing potential of smart TV operating systems to generate recurring income. Companies like LG, Samsung, and Roku are increasingly prioritizing ad sales and user tracking capabilities in their TVs, ArsTechnica reports. Automatic content recognition (ACR) technology, which analyzes viewing habits, is becoming a key feature for advertisers. TV makers are partnering with data firms to enhance targeting capabilities, with LG recently sharing data with Nielsen and Samsung updating its ACR tech to track streaming ad exposure. This shift raises concerns about privacy and user experience, as TVs become more commercialized and data-driven. Industry experts predict a rise in "shoppable ads" and increased integration between TV viewing and e-commerce platforms. The report adds: With TV sales declining and many shoppers prioritizing pricing, smart TV players will continue developing ads that are harder to avoid and better at targeting. Interestingly, Patrick Horner, practice leader of consumer electronics at analyst Omdia, told Ars that smart TV advertising revenue exceeding smart TV hardware revenue (as well as ad sale margins surpassing those of hardware) is a US-only trend, albeit one that shows no signs of abating. OLED has become a mainstay in the TV marketplace, and until the next big display technology becomes readily available, OEMs are scrambling to make money in a saturated TV market filled with budget options. Selling ads is an obvious way to bridge the gap between today and The Next Big Thing in TVs.

Indeed, with companies like Samsung and LG making big deals with analytics firms and other brands building their businesses around ads, the industry's obsession with ads will only intensify. As we've seen before with TV commercials, which have gotten more frequent over time, once the ad genie is out of the bottle, it tends to grow, not go back inside. One side effect we're already seeing, Horner notes, is "a proliferation of more TV operating systems." While choice is often a good thing for consumers, it's important to consider if new options from companies like Amazon, Comcast, and TiVo actually do anything to notably improve the smart TV experience for owners.

And OS operators' financial success is tied to the number of hours users spend viewing something on the OS. Roku's senior director of ad innovation, Peter Hamilton, told Digiday in May that his team works closely with Roku's consumer team, "whose goal is to drive total viewing hours." Many smart TV OS operators are therefore focused on making it easier for users to navigate content via AI.

North Korean hackers exploited a critical Windows vulnerability to deploy advanced malware, security researchers revealed. The zero-day flaw, patched by Microsoft last week, allowed attackers to gain system-level access and install a sophisticated rootkit called FudModule. Gen, the firm that discovered the attacks, identified the threat actors as Lazarus, a hacking group linked to North Korea. The exploit targeted individuals in cryptocurrency and aerospace industries, likely aiming to steal digital assets and infiltrate corporate networks. FudModule, first analyzed in 2022, stands out for its ability to operate deep within Windows, evading detection by security defenses. Earlier versions used vulnerable drivers for installation, while a newer variant exploited a bug in Windows' AppLocker service.

An anonymous reader shares a report: Many Procreate users can breathe a sigh of relief now that the popular iPad illustration app has taken a definitive stance against generative AI. "We're not going to be introducing any generative AI into our products," Procreate CEO James Cuda said in a video posted to X. "I don't like what's happening to the industry, and I don't like what it's doing to artists."

The creative community's ire toward generative AI is driven by two main concerns: that AI models have been trained on their content without consent or compensation, and that widespread adoption of the technology will greatly reduce employment opportunities. Those concerns have driven some digital illustrators to seek out alternative solutions to apps that integrate generative AI tools, such as Adobe Photoshop. "Generative AI is ripping the humanity out of things. Built on a foundation of theft, the technology is steering us toward a barren future," Procreate said on the new AI section of its website. "We think machine learning is a compelling technology with a lot of merit, but the path generative AI is on is wrong for us."

"AI is already able to mimic sight and hearing," writes CNBC. And now a startup named Osmo "wants to use the technology to digitize another: smell."

Co-founded by a former Google research scientist, the company built an AI that's "superhuman in its ability to predict what things smelled like," the company's co-founder says. And he believes this might actually prove useful. "We've known that smell contains information we can use to detect disease. But computers can't speak that language and can't interpret that data yet... We will eventually be able to detect disease with scent and we're on our way to building that technology. It's not going to happen this year or anytime soon, but we're on our way."

CoinTelegraph describes how the company invented a training dataset from scratch — a kind of "smell map" with labelled examples of molecular bond associations to teach the AI to identify specific patterns. The team also hopes to develop a method to recreate smells using molecular synthesis. This would, for example, allow a computer in one place to "smell" something and then send that information to another computer for resynthesis — essentially teleporting odor over the internet. This also means scent could join sight and sound as part of the marketing and branding world.

Indian influencers It's the largest country on earth — home to 1.4 billion people. But "The Indian government has plans to classify social media creators as 'digital news broadcasters,'" according to the nonprofit site RestofWorld.org.

While there's "no clarity" on the government's next move, the proposed legislation would require social media creators "to register with the government, set up a content evaluation committee that checks all content before it is published, and appoint complaint handlers — all at their own expense. Any failures in compliance could lead to criminal charges, including jail term." On July 26, the Hindustan Times reported that the government plans to tweak the proposed Broadcasting Services (Regulation) Bill, which aims to combine all regulations for broadcasters under one law. As per a new version of the bill, which has been reviewed by Rest of World, the government defines "digital news broadcaster" as "any person who broadcasts news and current affairs programs through an online paper, news portal, website, social media intermediary, or other similar medium as part of a systematic business, professional or commercial activity."

Creators and digital rights activists believe the potential legislation will tighten the government's grip over online content and threaten the last bastion of press freedom for independent journalists in the country. Over 785 Indian creators have sent a letter to the government seeking more transparency in the process of drafting the bill. Creators have also stormed social media with hashtags like #KillTheBill, and made videos to educate their followers about the proposal.
One YouTube creator told the site that if the government requires them to appoint a "grievance redressal officer," they might simply film themselves, responding to grievances — to "make content out of it".

Apple is building "a pricey tabletop home device" which uses "a thin robotic arm to move around a large screen," using actuators "to tilt the display up and down and make it spin 360 degree," according to Bloomberg's Mark Gurman. Citing "people with knowledge of the matter," Gurman writes that Apple assigned "several hundred people" to the project: The device is envisioned as a smart home command center, videoconferencing machine and remote-controlled home security tool, said the people... The project — codenamed J595 — was approved by Apple's executive team in 2022 but has started to formally ramp up in recent months, they said... Apple has now decided to prioritize the device's development and is aiming for a debut as early as 2026 or 2027, according to the people.

The company is looking to get the price down to around $1,000. But with years to go before an expected release, the plans could theoretically change... The idea is for the tabletop product to be primarily controlled using the Siri digital assistant and upcoming features in Apple Intelligence. The device could respond to commands, such as "look at me," by repositioning the screen to focus on the person saying the words — say, during a video call. It also could understand different voices and adjust its focus accordingly. Current models in testing run a customized version of the iPad operating system...

The company also is working on robots that move around the home and has discussed the idea of a humanoid version. Those projects are being led, in part, by Hanns Wolfram Tappeiner, a robotics expert who now has about 100 former car team engineers reporting to him. In a job listing published this month, Apple said it has a team "working to leverage and build upon groundbreaking machine learning robotics research, thereby enabling development of generalizable and reliable robot systems." The company said it's seeking experts with experience in "robot manipulation" and creating AI models for robot control.
The article calls points out that Apple "still gets roughly half its revenue from the iPhone," and calls the robotics effort "one of a few avenues Apple is pursuing to generate new sources of revenue" — and to "capitalize" on its AI technology. (Apple is also working on both smart eyeglasses and augmented reality galsses.)

"Electronic shelf labels are already common in Europe," reports the Los Angeles Times, "and will become wider spread in the U.S., with Walmart planning to implement the labels in 2,300 stores by 2026." And grocery giant Kroger also plans to introduce digital labels.

But will they also bring "dynamic pricing", where stores raise the price of ice cream on hot days — or jack the cost of water and canned goods before upcoming storms? Kroger and Walmart said they have no plans to implement dynamic pricing, and added that electronic shelf labels will only be used to help lower costs. "Kroger's business model is to lower prices over time so that more customers shop with us," a Kroger spokesperson said. "Any test of electronic shelf tags is to lower prices more for customers where it matters most. To suggest otherwise is not true." A Walmart spokesperson said updates to the electronic tags will be used to reflect lower prices for items on sale or final clearance. Prices will not change throughout the day, she said...

Grocery industry analyst Phil Lempert said the digital tags will help save time and money amid a labor shortage, but they could lead grocery chains down a slippery slope. "If you can make it electronic you can take a lot of costs out of the system, and that's great," Lempert said. "But once that's installed, and regardless of what any retailer is going to say, it's now easy to change prices."

Santiago Gallino, a professor specializing in retail management at the University of Pennsylvania, said he hasn't seen signs that retailers plan to use electronic shelf labels for surge pricing. "In my conversation with retailers, it's clear that those who are pushing towards this technology are mainly trying to drive efficiency up in the stores and try to reduce costs," Gallino said. "Grocery retailers operate on very thin margins, so every time they find technology that can help them save in labor, they will do that."

What grocery stores save in labor they may lose in customer trust and loyalty, however, said Dominick Miserandino [CEO of the retail disussion forum RetailWire.] "Consumers are exceptionally skeptical," he said. "When most of the consumer reaction to any product seems to be overwhelmingly negative, it's probably a product that one might want to reevaluate quickly."
The article notes one U.S. presidential candidate has already pledged they'd "work to pass the first-ever federal ban on price gouging on food."

Long-time Slashdot reader theodp writes: Christie's this week announced the items that will be auctioned in three sales from the Paul G. Allen Collection, including historic computers and artifacts from the late Microsoft co-founder's former Living Computers Museum + Labs in Seattle. They include an Apple-1 from the desk of late Apple co-founder Steve Jobs, estimated at $500,000 to $800,000, to be auctioned as part of a live sale on Sept. 10 at Christie's Rockefeller Center in New York.

Among the lot of "Firsts" from the Paul Allen Collection is a circa-1984 PC's Limited Personal Computer (est. $600-$800), which comes with a manual for the Microsoft-developed IBM DOS. Also being offered is a circa-1975 IMSAI 8080 microcomputer (est. $2,000-$3,000). Both computers ran operating systems that can be traced back to the efforts of Digital Research founder Gary Kildall. Kildall's CP/M was adapted for IMSAI in 1975 and inspired the "CP/M work-alike" Quick And Dirty Operating System (QDOS) that Microsoft purchased in 1981, ported to the new IBM PC as MS-DOS, and licensed to IBM, who in turn offered it as PC-DOS...

Interestingly, not present in the any of the three Christie's Paul G. Allen Collection auctions is Allen's rare unedited copy of Kildall's Computer Connections: People, Places, and Events in the Evolution of the Personal Computer Industry (edited version available at CHM), one of only 20 copies that were originally distributed to family and friends shortly before Kildall's death in 1994. (In the unpublished memoir, Kildall's Seattle Times obit reported, Kildall called DOS "plain and simple theft" of CP/M). Documents released in response to a 2018 Washington Public Records Act request revealed that one of those copies found its way into the hands of Allen in 2017, gifted by University of Washington CS professor Ed Lazowska, who led fundraising campaigns for UW's Paul G. Allen Center for Computer Science & Engineering.

"We're testing a few new ways to plan and manage your presence on Threads," announced top Threads/Instagram executive Adam Mosseri, promising their 200 million-plus users "enhanced insights to help you better understand your followers and how posts perform, and the ability to save multiple drafts with scheduling coming soon."

Axios reports: Helping creators avoid burnout has become a growing focus for Meta CEO Mark Zuckerberg, who said in July that the company's new generative AI tools can alleviate certain tasks like communicating with followers. Thursday's announcement was positioned as helping both businesses and creators — suggesting that Meta is ramping up plans to start monetizing Threads, which could be as early as this year.

The Dubai Court of First Instance has declared that cryptocurrency can be used as a legal form of salary under employment contracts. CoinTelegraph reports: Irina Heaver, a partner at UAE law firm NeosLegal, explained that the ruling in case number 1739 of 2024 shows a shift from the court's earlier stance in 2023, where a similar claim was denied because the crypto involved lacked precise valuation. Heaver believes this shows a "progressive approach" to integrating digital currencies into the country's legal and economic framework. Heaver said that the case involved an employee who filed a lawsuit claiming that the employer had not paid their wages, wrongful termination compensation and other benefits. The worker's employment contract stipulated a monthly salary in fiat and 5,250 in EcoWatt tokens. The dispute stems from the employer's inability to pay the tokens portion of the employee's salary in six months.

In 2023, the court acknowledged the inclusion of the EcoWatts tokens in the contract. Still, it did not enforce the payment in crypto, as the employee failed to provide a clear method for valuing the currency in fiat terms. "This decision reflected a traditional viewpoint, emphasizing the need for concrete evidence when dealing with unconventional payment forms," Heaver said. However, the lawyer said that in 2024, the court "took a step forward," ruling in favor of the employee and ordering the payment of the crypto salary as per the employment contract without converting it into fiat. Heaver added that the court's reliance on the UAE Civil Transactions Law and Federal Decree-Law No. 33 of 2021 in both judgments shows the consistent application of legal principles in wage determination.

An anonymous reader quotes a report from Ars Technica: Anova, a company that sells smart sous vide cookers, is getting backlash from customers after announcing that it will soon charge a subscription fee for the device's companion app. Anova was founded in 2013 and sells sous vide immersion circulators. Its current third-generation Precision Cooker 3.0 has an MSRP of $200. Anova also sells a $149 model and a $400 version that targets professionals. It debuted the free Anova Culinary App in 2014. In a blog post on Thursday, Anova CEO and cofounder Stephen Svajian announced that starting on August 21, people who sign up to use the Anova Culinary App with the cooking devices will have to pay $2 per month, or $10 per year. The app does various things depending on the paired cooker, but it typically offers sous vide cooking guides, cooking notifications, and the ability to view, save, bookmark, and share recipes. The subscription fee will only apply to people who make an account after August 21. Those who downloaded the app and made an account before August 21 won't have to pay. But everyone will have to make an account; some people have been using the app without one until now.

"You helped us build Anova, and our intent is that you will be grandfathered in forever," Svajian wrote. According to Svajian, the subscription fees are necessary so Anova can "continue delivering the exceptional service and innovative recipes" and "maintain and enhance the app, ensuring it remains a valuable resource." As Digital Trends pointed out, the announcement follows an Anova statement saying it will no longer let users remotely control their kitchen gadgets via Bluetooth starting on September 28, 2025. This means that remote control via the app will only be possible for models offering and using Wi-Fi connectivity. Owners of affected devices will no longer be able to access their device via the Anova app, get notifications, or use status monitoring. Users will still be able to manually set the time, temperature, and timer via the device itself.

IKEA is expanding its stock-counting drone system to operate alongside workers in the U.S., starting with its Perryville, Maryland distribution center. The Verge reports: The Verity-branded drones also come with a new AI-powered system that allows them to fly around warehouses 24/7. That means they'll now operate alongside human workers, helping to count inventory as well as identify if something's in the wrong spot. Previously, the drones only flew during nonoperational hours. Parag Parekh, the chief digital officer for Ikea retail, says in the press release that flights are prescheduled and that the drones use a "custom indoor positioning system to navigate higher levels of storage locations." They also have an obstacle detection system that allows them to reroute their paths to avoid collisions. Ikea is also working on several upgrades for the drones, including the ability to inspect unit loads and racks.

So far, Ikea's fleet consists of more than 250 drones operating across 73 warehouses in nine countries. Ikea first launched its drone system in partnership with Verity in 2021 and expanded it to more locations throughout Europe last year. Now, Ikea plans on bringing its AI-upgraded drones to more distribution centers in Europe and North America, which the company says will help "reduce the ergonomic strain on [human] co-workers, allowing them to focus on lighter and more interesting tasks."

Epic Games launched its digital app store on iOS and Android devices on Friday, marking Fortnite's return to Apple's platform in the European Union after a four-year absence. The move follows the implementation of the EU's Digital Markets Act, which mandates Apple to allow third-party app stores. Epic's store is available globally on Android and in the EU for iOS devices running iOS 17.6 or later.

Fortnite, along with Rocket League Sideswipe and Fall Guys, are now accessible through Epic's mobile store and the EU's AltStore. This marks Fall Guys' mobile debut. Epic CEO Tim Sweeney hailed the development as "tangible progress" but noted challenges remain, including Apple's new fees for third-party app distribution. The company aims for 100 million mobile store installations by year-end and plans to offer third-party games by December, with self-publishing slated for early 2025. Epic's 88/12 revenue split model will extend to mobile, potentially disrupting the mobile gaming marketplace dominated by Apple and Google.

The SAG-AFTRA actors' union has struck a deal with online talent marketplace Narrativ, allowing actors to sell advertisers the rights to replicate their voices using AI. "Not all members will be interested in taking advantage of the opportunities that licensing their digital voice replicas might offer, and that's understandable," SAG-AFTRA official Duncan Crabtree-Ireland said in a statement. "But for those who do, you now have a safe option." Reuters reports: Narrativ connects advertisers and ad agencies with actors to create audio ads using AI. Under the deal, an actor can set the price for an advertiser to digitally replicate their voice, provided it at least equals the SAG-AFTRA minimum pay for audio commercials. Brands must obtain consent from performers for each ad that uses the digital voice replica. The union hailed the pact with Narrativ as setting a standard for the ethical use of AI-generated voice replicas in advertising.

An anonymous reader quotes a report from Wired: Professional cycling has, in its recent history, been prone to a shocking variety of cheating methods and dirty tricks.Performance-enhancing drugs.Tacks strewn on race courses. Even stealthy motors hidden inside of wheel hubs. Now, for those who fail to download a software patch for their gear shifters -- yes, bike components now get software updates -- there may be hacker saboteurs to contend with, too. At the Usenix Workshop on Offensive Technologies earlier this week, researchers from UC San Diego and Northeastern University revealed a technique that would allow anyone with a few hundred dollars of hardware to hack Shimano wireless gear-shifting systems (Warning: source may be paywalled; alternative source) of the kind used by many of the top cycling teams in the world, including in recent events like the Olympics and the Tour de France. Their relatively simple radio attack would allow cheaters or vandals to spoof signals from as far as 30 feet away that trigger a target bike to unexpectedly shift gears or to jam its shifters and lock the bike into the wrong gear.

The trick would, the researchers say, easily be enough to hamper a rival on a climb or, if timed to certain intense moments of a race, even cause dangerous instability. "The capability is full control of the gears. Imagine you're going uphill on a Tour de France stage: If someone shifts your bike from an easy gear to a hard one, you're going to lose time," says Earlence Fernandes, an assistant professor at UCSD's Computer Science and Engineering department. "Or if someone is sprinting in the big chain ring and you move it to the small one, you can totally crash a person's bike like that." [...] The researchers' technique exploits the increasingly electronic nature of modern high-end bicycles, which now have digital components like power meters, wireless control of fork suspensions, and wireless shifters. "Modern bicycles are cyber-physical systems," the researchers note in their Usenix paper. Almost all professional cyclists now use electronic shifters, which respond to digital signals from shifter controls on the bike's handlebars to move a bicycle's chain from gear to gear, generally more reliably than mechanical shifting systems. In recent years, those wired electronic shifters have transitioned again to wireless versions that pair via a radio connection, such as the popular Di2 wireless shifters sold by the Japanese cycling component firm Shimano, which the researchers focused on. Shimano says it has developed a firmware update to patch the exploit but it won't be available widely until late August. The update is intended to improve wireless transmission across Shimano Di2 component platforms, though specific details about the fix and how it prevents the identified attacks have not been disclosed for security reasons.