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An anonymous reader shared this report from the Independent: Bitcoin and Ethereum both saw record liquidations as investors reacted to fears over a trade war, which saw many crypto investors move their money to stablecoins or safer assets... Bitcoin fell by more than 10 per cent to below $110,000, before recovering to $113,096 on Saturday morning. The value of Ethereum slumped by 11.2 per cent to $3,878. Other cryptocurrencies, including XRP, Doge and Ada, fell around 19 per cent, 27 per cent, and 25 per cent in the last 24 hours, respectively. LiveMint shares some statistics from Bloomberg: Citing 24-hour data from Coinglass, the report noted that more than $19 billion has been wiped out in the "largest liquidation event in crypto history", which impacted more than 1.6 million traders. It added that more than $7 billion of those positions were sold in less than one hour of trading on October 10. According to data on CoinMarketCap, the cryptocurrency market cap has dived to $3.74 trillion from the record-high $4.30 trillion level, the previous day. Trading volumes as of the market close were recorded at $490.23 billion. Bitcoin retreated on Friday, as US-China trade tensions reignited, after racing to record highs earlier in the week as persistent rate-cut bets and signs of some cooling in geopolitical tensions helped boost risk. Bitcoin was trading at $105,505.4 on Friday, down 13.15% on the day.

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"Nvidia is investing billions in and selling chips to OpenAI, which is also buying chips from and earning stock in AMD," writes SFGate. "AMD sells processors to Oracle, which is building data centers with OpenAI — which also gets data center work from CoreWeave. And that company is partially owned by, yes, Nvidia. "Taken together, it's a doozy." There are other collaborations and rivalries and many other factors at play, but OpenAI is the many-tentacled octopus in the middle, spinning its achievement of ChatGPT into a blitz of speculative investments. "We are in a phase of the build-out where the entire industry's got to come together and everybody's going to do super well," OpenAI CEO Sam Altman told the Wall Street Journal on Monday. "You'll see this on chips. You'll see this on data centers. You'll see this lower down the supply chain...." Some worry that the more closely companies intertwine, the more susceptible they are to creating a bubble, or a market not actually supported by real consumer demand. "You don't have to be a skeptic about AI technology's promise in general to see this announcement as a troubling signal about how self-referential the entire space has become," Bespoke Investment Group wrote in a note to clients, per CNBC. "If NVDA has to provide the capital that becomes its revenues in order to maintain growth, the whole ecosystem may be unsustainable..." Also, even with Nvidia's investment, AMD's shares and OpenAI's repeated fundraises, the ChatGPT-maker doesn't have the cash to meet all of these vast commitments. And if OpenAI's soaring projections about demand for AI computing don't bear out, there will be a lot of committed money — and a large share of the stock market — that would see its foundations topple. Thanks to long-time Slashdot reader mspohr for sharing the news.

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"Next time Amazon hypes its Prime Days savings, remember this: The prices during the sale aren't always better," writes a Washington Post technology columnist. "I've got the receipts to prove it." I would have saved, on average, almost nothing during Amazon's recent fall "Prime Big Deal Days" — and for some big-ticket purchases, I would have actually paid amore. For the sale that took place Oct. 7 and 8, my family went in prepared. We had a shopping list with prices we'd been tracking... A TV stand he'd been watching jumped 38 percent to $379, from $275 on Oct. 2. Same story for a few other big-ticket items on his list — another console went up from $219.99 to $299. Those products weren't listed as "big deals" on the site, but we certainly didn't expect their prices to spike during Prime Days. And in other cases, Amazon marketed discounts that turned out to be the exact price it had charged in recent weeks. One example: an Oral-B electric toothbrush was listed as 39 percent off, but actually the same price as in August... Other consumer advocates have warned one common trick is for Amazon to feature artificially inflated "before" prices to make discounts appear larger than they are. Ahead of Amazon's 2017 Prime Day, the nonprofit Consumer Watchdog reported that 61 percent of reference prices on Amazon were higher than any price the company had charged for those items in the prior 90 days... I found products listed as Prime Day discounts that cost the same as I'd paid less than a month earlier. For example, a pack of coronavirus tests I bought on Sept. 12 was the same price on Oct. 8, but listed as "39 percent off." Amazon said I'd gotten a particularly good deal in September, and the Prime Big Deal Days price offers "meaningful savings compared to the typical price customers have paid on Amazon over the last 90 days...." To actually get a good deal on Amazon, go in with a plan. I use a free website called CamelCamelCamel, which tracks Amazon's historical prices. You can see what's really a discount — and set alerts when prices drop to your target. The reporter checked every non-grocery purchase they'd made on Amazon for six months. Purchasing the same products on Amazon's "Big Deal Days" would have brought savings of just 0.6%. "And that doesn't include the $139 annual fee to be a member of Amazon Prime."

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"OpenAI is staffing up to expand ChatGPT's marketing reach and build on-platform marketing tools," reports Adweek: A recent job listing shows the company is hiring a Growth Paid Marketing Platform Engineer to develop internal tools for ad platform integration, campaign management, and real-time attribution. The position is part of a newly formed "ChatGPT Growth team," and tasked with "building the technical infrastructure behind OpenAI's paid marketing platform...." This job listing is a rare signal of OpenAI's plans for an in-house marketing platform within ChatGPT, and part of the AI company's broader growth plans... This adds to recent reporting showing that OpenAI is quickly ramping up its advertising ambitions... Alex Heath of Sources reported that OpenAI's CEO of Applications, Fidji Simo, was meeting with candidates to "lead a new team that will be tasked with bringing ads to ChatGPT...." OpenAI did not respond to requests for comment... Critically, this job listing would support building backend infrastructure — APIs, data pipelines, and services — to manage campaigns, measure attribution, and optimize ad spend. This internal infrastructure would give OpenAI the ability to run marketing at scale without relying on external agencies, two industry insiders said, adding that successfully doing so for itself could lay the foundation for a broader product that lets other brands run campaigns through ChatGPT... [Jacob Bourne, an analyst at eMarketer] added that while it may be striking to see a company that began as a nonprofit research lab make this kind of move, it reflects OpenAI's for-profit pivot and broader push into revenue generation. "In a new Stratechery interview, Altman admitted Instagram changed his mind about ads," the site Search Engine Land reported Wednesday, citing these two quotes from the interview: - "I love Instagram ads, they've added value to me, I found stuff I never would've found, I bought a bunch of stuff, I actively like Instagram ads. I think there's many things I respect about Meta, but getting that so right was a surprisingly cool thing for me. Other than that, I viewed ads on the Internet as sort of like a tax." - "I believe there probably is some cool ad product we can do that is a net win to the user and a sort of positive to our relationship with the user. I don't know what it is yet, I'm not like, 'Here is our ad model' already." Their article also cites a tweet from an ad industry director who says OpenAI's own revenue projections now show "free-user monetization"...

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I uploaded a photo on my phone to Microsoft's "OneDrive" file-hosting app — and there was a surprise waiting under Privacy and Permissions. "OneDrive uses AI to recognize faces in your photos..." And... "You can only turn off this setting 3 times a year." If I moved the slidebar for that setting to the left (for "No"), it moved back to the right, and said "Something went wrong while updating this setting." (Apparently it's not one of those three times of the year.) The feature is already rolling out to a limited number of users in a preview, a Microsoft publicist confirmed to Slashdot. (For the record, I don't remember signing up for this face-recognizing "preview".) But there's a link at the bottom of the screen for a "Microsoft Privacy Statement" that leads to a Microsoft support page, which says instead that "This feature is coming soon and is yet to be released." And in the next sentence it's been saying "Stay tuned for more updates" for almost two years... A Microsoft publicist agreed to answer Slashdot's questions...

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"A 29-year-old man has been arrested on suspicion of starting the Pacific Palisades fire in Los Angeles that killed 12 people and destroyed more than 6,000 homes in January," reports the BBC. "Evidence collected from Jonathan Rinderknecht's digital devices included an image he generated on ChatGPT depicting a burning city, justice department officials said." Mr Rinderknecht had been living and working in California, and moved to Florida shortly after the fire, according to authorities. The initial blaze Mr Rinderknecht allegedly started on New Year's Day was called the Lachman fire. Although it was quickly suppressed by firefighters, it continued to smoulder underground in the root structure of dense vegetation, according to investigators, before it flared up again above ground in a windstorm [nearly a week later]... He lit it with an open flame after he completed a ride as an Uber driver on New Year's Eve, according to the indictment. Two passengers rode with Mr Rinderknecht earlier on New Year's Eve. One passenger told investigators he remembered the driver had appeared agitated and angry. Officials said they had used his phone data to pinpoint his location when the fire initially started on 1 January, but when they pressed him on details he allegedly lied to investigators, claiming he was near the bottom of the trail... The phone also showed that he repeatedly called 911 just after midnight on New Year's day, but could not get through because of patchy mobile reception on the trailhead. There was a screen recording of him trying to call emergency services and at one point being connected with a dispatcher. Mr Rinderknecht also asked ChatGPT: "Are you at fault if a fire is lift [sic] because of your cigarettes?" Investigators said the suspect wanted to "preserve evidence of himself trying to assist in the suppression of the fire". "He wanted to create evidence regarding a more innocent explanation for the cause of the fire," the indictment said... In July 2024, five months before he allegedly set the fire, Mr Rinderknecht asked ChatGPT to create an image of a "dystopian painting" that included a burning forest and a crowd of people running away from a fire, according to investigators. The announcement from officials suggests they retrieved data about Rinderknecht's iPhone. It says after walking up the trailer Rinderknecht "listened to a rap song — to which he had listened repeatedly in previous days — whose music video included things being lit on fire."

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An anonymous reader quotes a report from CBC News: The study by a team from Toronto's Hospital for Sick Children (also known as Sick Kids) and St. Michael's Hospital was published in the Journal of the American Medical Association. It found that children who spent more time on screens before age eight scored lower on standardized tests. Child psychiatry researchers say handing kids digital devices, like iPads, every time they have a tantrum could lead to future issues. One new study links too much screen time to emotional and anger management problems. The study followed more than 3,000 kids in Ontario over a 15 year span from 2008 to 2023, tracking how much time they spent watching TV or DVDs, playing video games, using the computer or playing on handheld devices like iPads, as reported by their parents. That data was compared to their EQAO standardized test scores, which are used to assess the reading and math skills of kids across Ontario in grades 3 and 6. The findings point to a "significant association," between screen use and lower test scores, according to Dr. Catherine Birken, a pediatrician and senior scientist at Sick Kids and lead author of the study. "For each additional hour of screen use, there was approximately a 10 percent lower odds of meeting standards in both reading and mathematics ... in Grade 3 and mathematics in Grade 6," said Dr. Catherine Birken, a pediatrician and senior scientist at Sick Kids and lead author of the study, in an interview with CBC News. The study didn't differentiate between different types of screen time -- for example, whether a child was playing a game on their iPad versus FaceTiming a relative in another city, or watching an educational video. It was also an observational study that relied on parents answering questionnaires about how much time their kids spent in front of screens. The study authors note that this means the research can't be taken as definitive proof that screen time causes lower grades, just that the two things tend to go hand in hand.

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theodp writes: GeekWire reports that Microsoft is bringing artificial intelligence to every public classroom in its home state -- and sparking new questions about its role in education. The Redmond tech giant on Thursday unveiled Microsoft Elevate Washington, a sweeping new initiative that will provide free access to AI-powered software and training for all 295 public school districts and 34 community and technical colleges across Washington state. The program is part of Microsoft Elevate, the company's broader $4 billion, five-year commitment to support schools and nonprofits with AI tools and training that was announced in July. "This is our home," Microsoft President Brad Smith said at a launch event on the company's headquarters campus. "A big part of what we're doing today is investing in our home." Smith said Microsoft understands the unease around AI in classrooms but argued that waiting isn't an option. "I don't know that it will be possible to slow down the use of AI, even if someone wanted to," he said. In an interview with KING-TV Seattle, Smith added, "We're making a bigger commitment to this state than we are to any state in the country. [...] Above all else, we want to ensure that people can learn how to use the technology of tomorrow. That's the only way for our kids to succeed in the future." The event on Thursday also included comedian Trevor Noah, the company's "chief questions officer," as well as Code.org CEO Hadi Partovi. Noah and Partovi both also appeared with Smith at the Microsoft Elevate launch event in July, where Smith told Partovi it was time to "switch hats" from coding to AI, adding that "the last 12 years have been about the Hour of Code [Code.org's flagship event, credited with pushing CS into K-12 classrooms], but the future involves the Hour of AI." Code.org last month committed to "engage 25M learners in an Hour of AI in school year '25/'26" at a meeting of the White House Task Force on AI Education that preceded a White House dinner for top execs from the nation's leading AI companies.

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Sony and AMD are collaborating on new GPU technologies for the next-generation PlayStation (likely the PS6), introducing innovations like Radiance Cores for advanced ray tracing and "Universal Compression" for improved performance and efficiency. The Verge reports: Sony's next console (presumably the PS6) is coming in "a few years time," according to someone who I'd believe to make that claim. Mark Cerny, lead architect on the PS5 and PS5 Pro, joined Jack Huynh, SVP and GM of AMD's computing and graphics group, in a YouTube video wherein the pair spend nine minutes going through some very specific, co-developed advancements in graphics technology that will come to the next console. But the pair cautioned that the technologies are still in "every early days" and "only exist in simulation right now." Much of it boils down to how the companies are working to make it easier for future GPUs to handle graphics upscaling, ray tracing, and the super-intensive path tracing techniques used to make game worlds look more realistic. Cerny says "the current approach has reached its limit," so Sony is working with AMD to integrate components of its next-gen RDNA architecture in future consoles. AMD's Huynh introduced Radiance Cores (similar in theory to Nvidia's RT Cores) that are dedicated to handling ray tracing and path tracing. In addition to Sony's new consoles having the new cores, they will almost certainly be built into AMD's future desktop GPUs, too, and likely within whatever it's assisting with in its Xbox partnership.

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An anonymous reader quotes a report from Ars Technica: Bose will brick key features of its SoundTouch Wi-Fi speakers and soundbars soon. On Thursday, Bose informed customers that as of February 18, 2026, it will stop supporting the devices, and the devices' cloud-based features, including the companion app, will stop working. The SoundTouch app enabled numerous capabilities, including integrating music services, like Spotify and TuneIn, and the ability to program multiple speakers in different rooms to play the same audio simultaneously. Bose has also said that some saved presets won't work and that users won't be able to change saved presets once the app is gone. Additionally, Bose will stop providing security updates for SoundTouch devices. The Framingham, Massachusetts-headquartered company noted to customers that the speakers will continue being able to play audio from a device connected via AUX or HDMI. Wireless playback will still work over Bluetooth; however, Bluetooth is known to introduce more latency than Wi-Fi connections. Affected customers can trade in their SoundTouch product for a credit worth up to $200. In its notice sent to customers this week, Bose provided minimal explanation for end-of-life-ing its pricey SoundTouch speakers, saying: "Bose SoundTouch systems were introduced into the market in 2013. Technology has evolved since then, and we're no longer able to sustain the development and support of the cloud infrastructure that powers this older generation of products. We remain committed to creating new listening experiences for our customers built on modern technologies."

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