Feed aggregator

The deal to take control of TikTok's U.S. business came with an unusual condition, according to people familiar with the matter. The investors — which include Oracle, Abu Dhabi investor MGX, and private-equity firm Silver Lake — "paid the Treasury Department about $2.5 billion when the deal closed in January," reports the Wall Street Journal, "and are set to make several additional payments until hitting the $10 billion total." The $10 billion payment would be nearly unprecedented for a government helping arrange a transaction, historians have said... Investment bankers advising on a typical deal receive fees of less than 1% of the transaction value, and the percentage generally gets smaller as the deal size increases. Bank of America is in line to make some $130 million for advising railroad operator Norfolk Southern on its $71.5 billion sale to Union Pacific, one of the largest fees on record for a single bank on a deal. Administration officials have said the fee is justified given Trump's role in saving TikTok in the U.S. and navigating negotiations with China to get the deal done while addressing the security concerns of lawmakers... The TikTok fee extracted from private-sector investors is the administration's latest transaction involving the nation's largest businesses. Trump took a nearly 10% stake in semiconductor company Intel and has agreed to take a chunk of chip sales to China from Nvidia in exchange for granting export licenses. The administration has also taken equity stakes in other companies and has a say in the operations of U.S. Steel following a "golden share" agreement with Japan's Nippon Steel in its takeover. Reuters notes earlier this month, a lawsuit was filed by investors in two of TikTok's social media rivals, seeking to reverse the approval of the deal. Thanks to long-time Slashdot reader schwit1 for sharing the news.

Read more of this story at Slashdot.

California saw its worst drought in 10,000 years between 2012 and 2015, remembers the Washington Post. And yet genetic analyses of California's scarlet monkeyflower "found that many rapidly evolved... allowing them to cope with water scarcity and rebound from decline." "The fact that certain organisms are able to adapt just because of genetics that are already present is a great source of hope," said Daniel Anstett, a plant biologist at Cornell University and lead author on a new study on the issue. "It's one more arrow in the quiver of different ways that populations might be able to survive the massive climate change we're inflicting on the planet." The recovery of [Sequoia National Park's] scarlet monkeyflowers offers rare, real-world evidence of what scientists call "evolutionary rescue," according to the study published Thursday in the journal Science. It suggests that some species may be able to evolve quickly enough to keep up with the accelerating consequences of human-caused warming — essentially saving themselves from extinction. This discovery could help people decide how to distribute limited conservation funds by pinpointing which species have enough genetic diversity to be resilient, ecologists Mark Urban and Laurinne Balstad, who were not involved in the study, wrote in a separate analysis published by Science. "The challenge going forward is to identify when evolutionary rescue is possible, when it is not, and how to rescue those species that cannot rescue themselves," Urban and Balstad wrote.

Read more of this story at Slashdot.

"A new study suggests the productivity boost from AI may be far smaller than executives claim," writes Slashdot reader BrianFagioli: According to research cited in Foxit's State of Document Intelligence report, while 89% of executives and 79% of end users say AI tools make them feel more productive, the actual time savings shrink dramatically once people account for reviewing and validating AI-generated output. The survey of 1,000 desk-based workers and 400 executives in the United States and United Kingdom found executives believe AI saves them about 4.6 hours per week, but they spend roughly 4 hours and 20 minutes verifying those results. End users reported a similar pattern, estimating 3.6 hours saved but 3 hours and 50 minutes spent reviewing AI work. Once that "verification burden" is factored in, executives gain just 16 minutes per week, while end users actually lose about 14 minutes.

Read more of this story at Slashdot.

Last June Texas Agriculture Commissioner Sid Miller said in a statement that Texans "have a God-given right to know what's on their plate, and for millions of Texans, it better come from a pasture, not a lab. It's plain cowboy logic that we must safeguard our real, authentic meat industry from synthetic alternatives." But California company Wildtype sells lab-grown salmon — and is suing Texas over its ban on cell-cultivated meat, the Austin Chronicle reported this week. The company's founder says lab-grown salmon eliminates the mercury, microplastic, and antibiotic contamination commonly found in seafood. And one chef in Austin, Texas says lab-grown salmon is "awesome" and "something new"-- at the only Texas restaurant that was serving it last summer: Just two months after the salmon hit the menu, Texas banned the sale of cell-cultivated meat... A lawsuit from Wildtype and one other FDA-approved cultivated meat company [argues] it's anti-capitalism and unconstitutional... This law "was not enacted to protect the health and safety of Texas consumers — indeed, it allows the continued distribution of cultivated meat to consumers so long as it is not sold. Instead, SB 261 was enacted to stifle the growth of the cultivated meat industry to protect Texas' conventional agricultural industry from innovative competition that is exclusively based outside of Texas...." [according to the lawsuit]. It was filed in September, immediately after the ban took effect, and cell-cultivated companies are awaiting judgment. That Texas ban would last two years, notes U.S. News and World Reports, adding that Alabama, Florida, Indiana, Mississippi, Montana, and Nebraska have also passed bans, some temporary "on the manufacturing, sale or distribution of cell-cultured meat." Meanwhile, a new five-year moratorium on lab-grown meat was signed this week by the governor of South Dakota "after rejecting a permanent ban last month," reports South Dakota Searchlight: The new law bars the sale, manufacture or distribution of "cell-cultured protein" products from July 1 this year through June 30, 2031. Violations are punishable by up to 30 days in jail, a fine of up to $500, or both. "But supporters of lab-grown meat are not going down without a fight," adds U.S. News and World Reports, with another lawsuit also filed challenging a ban in Florida: When Florida Gov. Ron DeSantis signed the ban in Florida, he described it as "fighting back against the global elite's plan to force the world to eat meat grown in a petri dish or bugs to achieve their authoritarian goals." He added that his administration "will save our beef."

Read more of this story at Slashdot.

Save money and reduce your carbon footprint with these tips to snag the best deals on quality refurbished and used electronics.

An anonymous reader quotes a report from Reuters: Meta is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as Meta seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers. No date has been set for the cuts and the magnitude has not been finalized, the people said. Top executives have recently signaled the plans to other senior leaders at Meta and told them to begin planning how to pare back, two of the people said. If Meta settles on the 20% figure, the layoffs will be the company's most significant since a restructuring in late 2022 and early 2023 that it dubbed the "year of efficiency." It employed nearly 79,000 people as of December 31, according to its latest filing. The speculation follows a recent report from The New York Times claiming that Meta has delayed the release of its next major AI model after falling behind competing systems from Google, OpenAI, and Anthropic.

Read more of this story at Slashdot.

There's not much else groundbreaking about the company's latest flagship, but the built-in privacy display works well without much trade-off.

Here's the best advice I have for protecting your identity online.

Do you really need a $300 trail running shoe? We test the treads, and the creds, of the Norda 001A G+.

The unique flat-bottom design of the Kalita Wave makes brewing exceptional coffee dead simple—especially if you can’t summon the rigor required to make perfect pour-over.

Tune in to watch the men’s and women’s teams fight to win the 2026 NCAA Division I Basketball championship.

Declutter and deep clean your home sanely by breaking it into smaller tasks. You're also bound to discover there are things you no longer need that you can sell.

The plant would be built next to the densely populated Munjoy Hill neighborhood, raising concerns about emissions, exhaust stacks and other environmental impacts.

Longtime Slashdot reader tsuliga writes: Two new episodes of Doctor Who that were previously lost have been found. The original Doctor Who episodes were wiped or deleted by the BBC because they were not aware of the future use of re-runs of these shows. Ninety-five of the 253 episodes from the program's first six years are currently missing. How many more episodes are out there waiting to be rediscovered? "The main broadcasters in the UK in the 1960s, 70s, up to the 80s really, junked quite a lot of content," said Justin Smith, a cinema professor at England's De Montfort University and film archivist. "In some ways finding missing 'Doctor Whos' is the holy grail" of classic TV discoveries, Smith said. The two episodes were "The Nightmare Begins" and "Devil's Planet," both of which aired during the show's third series in 1965. It features William Hartnell as the Doctor in a story involving archvillains the Daleks -- pepperpot-shaped metal aggressors whose favorite word is "Exterminate!" Smith said that for fans of the show, "it's got it all, it really has. It is intergalactic, it's got some great performances. It stands up really, really well."

Read more of this story at Slashdot.

Whether you are heading to a sold-out concert or a championship game, use a Vivid Seats discount code to secure your seats for less this month.

Gear up for your next adventure with these Coleman coupons and discount codes to save on camping essentials and outdoor gear.

Use these verified Chirp coupon codes and shopping tips to score up to 67% off wheels, up to 50% off refurbished products, and more.

An anonymous reader quotes a report from the New York Times: A top Senate administrator on Monday gave aides the green light to use three artificial intelligence chatbots for official work, a reflection of how widespread the use of the products has become in workplaces around the globe. The chief information officer for the Senate sergeant-at-arms, who oversees the chamber's computers as well as security, said in a one-page memo reviewed by The New York Times that aides could use Google's Gemini chat, OpenAI's ChatGPT or Microsoft Copilot, which is already integrated into Senate platforms. Copilot "can help with routine Senate work, including drafting and editing documents, summarizing information, preparing talking points and briefing material, and conducting research and analysis," the memo said. The document later added that "data shared with Copilot Chat stays within the secure Microsoft 365 Government environment and is protected by the same controls that safeguard other Senate data." It's unclear how widely AI is used in the Senate or how widespread it might become, as individual offices and committees set their own rules. The chamber has also not publicly released comprehensive guidance on chatbots, the report notes. In contrast, the House has clearer policies allowing the general use of AI for limited internal tasks but restricting it from sensitive data or for being used for deepfakes and certain decision-making activities.

Read more of this story at Slashdot.

A developer hopes to transform part of the former Androscoggin Mill into a data center, but pending state legislation threatens that plan.

Paul Carter checks out the newest phones, gadgets and trends from MWC Barcelona.