A California oil refinery that produces 8% of the state's gasoline is shutting down late next year — a decision the Los Angeles Times says is "driven by climate change, the transition to electric vehicles and demands for cleaner air."

"There's no question we are going to lose refineries over time, because demand is going to go down as we transition to electric vehicles, but I did not expect to see any of them exiting this quickly," said Severin Borenstein, faculty director of the Energy Institute at UC Berkeley's Haas School of Business. California "over the medium term" will have to rely more on imports, he said. "I think part of the response the state's going to need to consider is how to make sure that we can import sufficient gasoline to meet our needs...."

David Hackett, chairman of Stillwater Associates, an Irvine oil consultancy, said he was contacted by Phillips just before the announcement, and was told the closure was a business decision. He said that although the timing was somewhat surprising, the closure wasn't, given the age of the refineries, their relatively small size and the inefficient layout that connects them by a pipeline. "That plant has been for sale for years. It hasn't found any buyers and I think that this has been an economic decision on their part. They looked at the profitability of the place and compared it with the other businesses that they have, and it didn't make the cut," he said.
"The closure is likely to increase California's already high prices at the gas pump, given that much of the replacement gasoline will be shipped in by ocean vessel, analysts say..." according to another article from the Los Angeles Times.

"Environmentalists and community activists cheered the news, however, saying it will mean cleaner air for the thousands who live in the area and that the state must continue the transition away from its dependence on fossil fuels."

"The foundation behind the Gnome desktop environment is having to go through some serious belt-tightening..." writes Linux Magazine.

From an October 7th announcement by The Gnome Foundation: Our plan for the previous financial year was to operate a break-even budget. We raised less than expected last year, due to a very challenging fundraising environment for nonprofits, on top of internal changes such as the departure of our previous Executive Director, Holly Million. The Foundation has a reserves policy which requires us to keep a certain amount of money in the bank account, to preserve core operations in the event of interruptions to our income. In order to meet our reserves policy, this year's budget had to reduce our expenditure to below expected income, and generate a small surplus to reinstate the Foundation's financial reserves to the necessary level...

We're asking for your support in several ways:

- Look out for opportunities to volunteer your time and skills in areas where we've had to reduce staff involvement.

- Share ideas on how to organize and improve our activities in this new context.

- Consider making donations to support the GNOME Foundation's core priorities, if you're able...

Through these difficult decisions, the GNOME Foundation is able to meet its reserves policy, ensuring sufficient funds for the coming year. Our budget for the new financial year is realistic and supports four full time staff, who are able to support key operations like finance, infrastructure and events. We are additionally contracting a number of other individuals on a short term or part time basis, to help with fund raising, websites and delivering on our project commitments.

We are going to be looking to the GNOME community to help with the areas that are most affected by our reduced staffing. If you would like to help GNOME with its events, marketing, or fundraising, we would love to hear from you.
In their new budget, "expenses have been greatly reduced," according to an October 10 update: We are also very relieved to be able to provide a surplus budget for the first time in many years, and doing so while still being able to support the community: events, infrastructure, internships, travel funding, and meeting our commitment to donors for work done in some parts of the stack, e.g.: Flathub, parental controls and GNOME Software.

"Biden forgives more student loans," read Thursday's headline at CNBC.

While this time it was $4.5 billion in student debt for over 60,000 public service workers, "The Biden-Harris Administration has approved $175 billion in student debt relief for nearly 5 million borrowers through various actions," according to an announcement from the White House on Thursday. (So the average amount received by each of the 5 million students is $35,000.) CNN calculates this eliminates roughly 11% of all outstanding U.S. federal student loan debt.

This latest round of forgiveness fixed a loophole in a bipartisan program (passed during the Bush administration in 2007) called Public Service Loan Forgiveness: "For too long, the government failed to live up to its commitments, and only 7,000 people had ever received forgiveness under Public Service Loan Forgiveness before Vice President (Kamala) Harris and I took office," Biden said in a statement. "We vowed to fix that," he added... Thursday's announcement impacts about 60,000 borrowers who are now approved for approximately $4.5 billion in student debt relief under PSLF.
CNN points out the total $175 billion in forgiven student debt is more than under any other president — though it's still "less than half of the $430 billion that would've been canceled under the president's one-time forgiveness plan, which was struck down by the Supreme Court last year." The Biden administration has made it easier for about 572,000 permanently disabled borrowers to receive the debt relief to which they are entitled. It also has granted student loan forgiveness to more than 1.6 million borrowers who were defrauded by their college... The Biden administration is conducting a one-time recount of borrowers' past payments and making adjustments if they had been counted incorrectly, bringing many people closer to debt relief.

The blockchain-based identity verification company founded by Sam Altman is now called "World." It also unveiled a new version of the "Orb" biometric devices the company uses to scan users' eyes. CoinTelegraph reports: World, as it's now known, also revealed a slew of other updates including a new version of its Orb biometric scanning devices, new options for identity verification and partnership integrations with popular apps including FaceTime, WhatsApp, and Zoom. [...] The new Orb, powered by Nvidia hardware, will be more efficient and "five times" more powerful than its predecessor with a smaller footprint and fewer parts. The company also said the new Orb would eventually be available in self-service kiosks in some markets.

World also announced that users will soon be able to verify their identity through methods other than the firm's Orb hardware. Through a program called World ID Credentials, the company says users with NFC-enabled government issued passports will allow them to verify their identity on the World app. Another major announcement came in the form of World ID Deep Face, a service the company claims has "solved deepfakes." According to the company, its software can be implemented into just about any app where video can be uploaded or streamed to determine whether videos featuring verified persons are real or have been faked using AI. Finally, the company also announced that so far 15 million users have signed up for its World app service; among them, seven million are verified.

An anonymous reader quotes a report from Reuters: Robinhood launched its long-awaited desktop platform and added futures and index options trading features to its mobile app on Wednesday, as the fintech firm aims to take market share from traditional brokerages. The 11-year-old commission-free trading app, which became synonymous with mom-and-pop investors in 2021, is now seeking to mature into a full-fledged financial services provider and compete with established brokerages that serve institutional investors. The Menlo Park, California-based company said its desktop trading platform, dubbed "Robinhood Legend," will focus on active traders.

The platform, available at no additional cost, will offer advanced trading tools, real-time data, as well as custom and preset layouts. Meanwhile, the app will allow users to trade futures on the benchmark S&P 500 index, oil and bitcoin, among others. Customers can also trade index options. [...] Subscribers to Robinhood's premium Gold tier will be able to trade futures for as low as 50 cents per contract, while non-Gold users will need to pay a commission of 75 cents. You can tune in to the company's live product announcement on YouTube.

Google announced it will purchase power from Kairos Power's small modular reactors (SMRs) to support its clean energy goals and data center demands. The company did not disclose the financial terms of the deal. CNBC reports: There are only three SMRs that are operating in the world, and none in the U.S. The hope is that SMRs are a more cost-effective way to scale up nuclear power. In the past, large, commercial-scale nuclear reactor projects have run over budget and behind schedule, and many hope SMRs won't suffer that same fate. But it is uncharted territory to some extent. Kairos Power, which is backed by the Department of Energy, was founded in 2016. In July, the company began construction on its Hermes Low-Power Demonstration Reactor in Oak Ridge, Tennessee. Rather than use water as the reactor coolant -- as is used in traditional nuclear reactors -- Kairos Power uses molten fluoride salt.

Google said the first reactor will be online by 2030, with more reactors going live through 2035. In total, 500 megawatts will be added to the grid. That's much smaller than commercial reactors -- Unit 4 at Plant Vogtle, which came online this year, is 1.1 gigawatts, for example -- but there's a lot of momentum behind SMRs. Advocates point to lower costs, faster completion times, as well as location flexibility as reasons. Monday's announcement is another example of the growing partnership between tech companies and nuclear power. Data centers need 24/7 reliable power, and right now nuclear is the only source of emissions-free baseload power. Many hyperscalers have ambitious emissions-reduction targets, which is why they're turning to nuclear power.

Thursday the Associated Press reported: One of the two companies that manufacture high-purity quartz used for making semiconductors and other high-tech products from mines in a western North Carolina community severely damaged by Hurricane Helene is operating again. Sibelco announced on Thursday that production has restarted at its mining and processing operations in Spruce Pine, located 50 miles (80 kilometers) northeast of Asheville. [Per Wikipedia, its pre-hurricane population was 2,175.] Production and shipments are progressively ramping up to full capacity, the company said in a news release.

"While the road to full recovery for our communities will be long, restarting our operations and resuming shipments to customers are important contributors to rebuilding the local economy," Sibelco CEO Hilmar Rode said... A Spruce Pine council member said recently that an estimated three-quarters of the town has a direct connection to the mines, whether through a job, a job that relies on the mines or a family member who works at the facilities.
An announcement last week from Sibelco attributed its resilience to their long-standing commitment to sustainability, "which includes measures to mitigate the impact of extreme weather events such as Hurricane Helene." Initial assessments indicated their operating facilities sustained only minor damage.

And "the company previously announced that all its employees are safe," Sibelco reaffirmed in its announcement Thursday: Sibelco, with support from its contractors, has been contributing to the local recovery efforts by clearing debris, repairing roads, providing road building materials to the North Carolina Department of Transportation, installing temporary power generators for emergency shelters and local businesses, and working with the town of Spruce Pine to restart water supply to residents.

Additionally, Sibelco has incorporated the Sibelco Spruce Pine Foundation to further support the community's recovery. The company previously announced that it is making an immediate $1 million donation as seed money for the foundation. Anyone interested in learning more or contributing to this initiative should contact the foundation by email or by visiting our website for additional information and donation opportunities.

In mid-2021 Ameria's National Security Advisor set up a new directorate focused on "advanced chips, quantum computing, and other cutting-edge tech," reports Wired. And the next year as Congress was working on boosting America's semiconductor sector, he was "closing in on a plan to cripple China's... In October 2022, the Commerce Department forged ahead with its new export controls."

So what happened next? In a phone call with President Biden this past spring, Xi Jinping warned that if the US continued trying to stall China's technological development, he would not "sit back and watch." And he hasn't. Already, China has answered the US export controls — and its corresponding deals with other countries — by imposing its own restrictions on critical minerals used to make semiconductors and by hoovering up older chips and manufacturing equipment it is still allowed to buy. For the past several quarters, in fact, China was the top customer for ASML and a number of Japanese chip companies. A robust black market for banned chips has also emerged in China. According to a recent New York Times investigation, some of the Chinese companies that have been barred from accessing American chips through US export controls have set up new corporations to evade those bans. (These companies have claimed no connection to the ones who've been banned.) This has reportedly enabled Chinese entities with ties to the military to obtain small amounts of Nvidia's high-powered chips.

Nvidia, meanwhile, has responded to the US actions by developing new China-specific chips that don't run afoul of the US controls but don't exactly thrill the Biden administration either. For the White House and Commerce Department, keeping pace with all of these workarounds has been a constant game of cat and mouse. In 2023, the US introduced the first round of updates to its export controls. This September, it released another — an announcement that was quickly followed by a similar expansion of controls by the Dutch. Some observers have speculated that the Biden administration's actions have only made China more determined to invest in its advanced tech sector.

And there's clearly some truth to that. But it's also true that China has been trying to become self-sufficient since long before Biden entered office. Since 2014, it has plowed nearly $100 billion into its domestic chip sector. "That was the world we walked into," [NSA Advisor Jake] Sullivan said. "Not the world we created through our export controls." The United States' actions, he argues, have only made accomplishing that mission that much tougher and costlier for Beijing. Intel CEO Pat Gelsinger estimated earlier this year that there's a "10-year gap" between the most powerful chips being made by Chinese chipmakers like SMIC and the ones Intel and Nvidia are working on, thanks in part to the export controls.

If the measure of Sullivan's success is how effectively the United States has constrained China's advancement, it's hard to argue with the evidence. "It's probably one of the biggest achievements of the entire Biden administration," said Martijn Rasser, managing director of Datenna, a leading intelligence firm focused on China. Rasser said the impact of the US export controls alone "will endure for decades." But if you're judging Sullivan's success by his more idealistic promises regarding the future of technology — the idea that the US can usher in an era of progress dominated by democratic values — well, that's a far tougher test. In many ways, the world, and the way advanced technologies are poised to shape it, feels more unsettled than ever.

Four years was always going to be too short for Sullivan to deliver on that promise. The question is whether whoever's sitting in Sullivan's seat next will pick up where he left off.

Formed in 2021 by cybersecurity professionals (and backed by high-powered VCs including Dell Technologies Capital), Halcyon sells an enterprise-grade anti-ransomware platform.

And this month they announced they're offering protection against ransomware attacks targeting Linux systems, according to Linux magazine: According to Cynet, Linux ransomware attacks increased by 75 percent in 2023 and are expected to continue to climb as more bad actors target Linux deployments... "While Windows is the favorite for desktops, Linux dominates the market for supercomputers and servers."
Here's how Halcyon's announcement made their pitch: "When it comes to ransomware protection, organizations typically prioritize securing Windows environments because that's where the ransomware operators were focusing most of their attacks. However, Linux-based systems are at the core of most any organization's infrastructure, and protecting these systems is often an afterthought," said Jon Miller, CEO & Co-founder, Halcyon. "The fact that Linux systems usually are always on and available means they provide the perfect beachhead for establishing persistence and moving laterally in a targeted network, and they can be leveraged for data theft where the exfiltration is easily masked by normal network traffic. As more ransomware operators are developing the capability to target Linux systems alongside Windows, it is imperative that organizations have the ability to keep pace with the expanded threat."

Halcyon Linux, powered through the Halcyon Anti-Ransomware Platform, uniquely secures Linux-based systems offering comprehensive protection and rapid response capabilities... Halcyon Linux monitors and detects ransomware-specific behaviors such as unauthorized access, lateral movement, or modification of critical files in real-time, providing instant alerts with critical context... When ransomware is suspected or detected, the Halcyon Ransomware Response Engine allows for rapid response and action.... Halcyon Data Exfiltration Protection (DXP) identifies and blocks unauthorized data transfers to protect sensitive information, safeguarding the sensitive data stored in Linux-based systems and endpoints...

Halcyon Linux runs with minimal resource impact, ensuring critical environments such as database servers or virtualized workloads, maintain the same performance.
And in addition, Halcyon offers "an around the clock Threat Response team, reviewing and responding to alerts," so your own corporate security teams "can attend to other pressing priorities..."

Amazon is "embedding pharmacies in same-day delivery facilities often clustered around major metro areas," reports CNBC.

This will enable "a coming expansion of its same-day prescription delivery service," according to Engadget, "with 20 more cities and affiliated metro areas entering the program next year. This expansion will open up the feature to nearly half of US residents."

"In most cases, that means a customer can order medication by 4 p.m. and receive it at home by 10 p.m.," Amazon said in their announcement — making the case that their service (and its 24/7 pharmacists) "ensures customers can get care within hours, bridging health care accessibility divides..." A recent study found nearly half of U.S. counties have communities over 10 miles from the nearest pharmacy, limiting their access to medications and pharmacist care. Traditional mail-order prescriptions can take up to 10 days to arrive, leaving many underserved... As of 2019, seven in 10 hospitals relied on fax machines and phone lines to transfer and retrieve patient records or order prescriptions. Nearly a third of physicians have said they spend 20 hours or more a week on paperwork and administrative tasks...

The new, smaller pharmacies complement Amazon Pharmacy's existing, highly automated pharmacy fulfillment sites that feature robotic arms and other automation, overseen by a team of highly trained, licensed pharmacists and pharmacy technicians.
CNBC adds that in the last year Amazon has also tested prescription deliveries by drone in one Texas city.

This week (MIT-licensed) WebAssembly runtime Wasmer announced "a major milestone in making any software run with WebAssembly."

The announcement's headline? Running Clang in the browser using WebAssembly... Thanks to the newest release of Wasmer (4.4) and the Wasmer JS SDK (0.8.0) you can now run [compiler front-end] clang anywhere Wasmer runs! This allows compiling C programs from virtually anywhere. Including Javascript and your preferred browser! (we tested Chrome, Safari and Firefox and everything is working like a charm)...

- You can compile C code to WebAssembly easily just using the Wasmer CLI: no toolchains or complex installations needed, install Wasmer and you are ready to go...!

- You can compile C projects directly from JavaScript...!

- We expect online IDEs to start adopting the SDK to allow their users compile and run C programs in the browser....

Do you want to use clang in your Javascript project? Thanks to our newly released Wasmer JS SDK you can do it easily, in both the browser and Node.js/Bun etc... Wasmer's clang can even optimize the file for you automatically using wasm-opt under the hood (Clang automatically detects if wasm-opt is used, and it will be automatically called when optimizing the file). Imagine using Emscripten without needing its toolchain installed — or even better, imagine running Emscripten in the browser.
The announcement looks to a future of compiling native Python libraries, when "any project depending on LLVM can now be easily compiled to WebAssembly..."

"This is the beginning of an awesome journey, we can't wait to see what you create next with this."

Phoronix's Michael Larabel reports: Yesterday when announcing the Linux 6.12-rc2 kernel, Linus Torvalds asked that the kernel maintainers do a better job moving forward with their commit messages. In particular, Torvalds is hoping that kernel maintainers will do a better job using an active, imperative voice when describing the changes within their pull requests.

The Linux creator explained in the 6.12-rc2 announcement: "Anyway, on a completely different note: I try to make my merge commit messages be somewhat "cohesive", and so I often edit the pull request language to match a more standard layout and language. It's not a big deal, and often it's literally just about whitespace so that we don't have fifteen different indentation models and bullet syntaxes. I generally do it as I read through the text anyway, so it's not like it makes extra work for me. But what *does* make extra work is when some maintainers use passive voice, and then I try to actively rewrite the explanation (or, admittedly, sometimes I just decide I don't care quite enough about trying to make the messages sound the same). So I would ask maintainers to please use active voice, and preferably just imperative. [...]"

Along with 343 Industries now becoming Halo Studios, future Halo games will be developed using Unreal Engine 5. The Verge's Tom Warren reports: Halo moving to Unreal Engine 5 is being positioned as the first step of a transformation for Halo Studios to change its technology, structure, processes, and even culture. "We're not just going to try improve the efficiency of development, but change the recipe of how we make Halo games," says Pierre Hintze, studio head at Halo Studios. The team building Halo will move from the studio's Slipspace Engine to Unreal, after the proprietary engine it built for Halo Infinite became difficult to use and strained development. Halo Studios has had to dedicate a lot of staff to developing the Slipspace Engine, and parts of it are almost 25 years old.

"One of the primary things we're interested in is growing and expanding our world so players have more to interact with and more to experience," says Chris Matthews, art director at Halo Studios. "Nanite and Lumen [Unreal's rendering and lighting technologies] offer us an opportunity to do that in a way that the industry hasn't seen before. As artists, it's incredibly exciting to do that work." Halo Studios isn't committing to any release dates or new Halo game announcements just yet, but the team has been building some examples of Halo running in Unreal. Dubbed Project Foundry, the work is "neither a game nor a tech demo," but more of a research, development, and training tool. It's also the foundation for how the studio is changing up the way it builds Halo games.

Project Foundry has been built as if it was a shipping game so that a bunch of it can appear in Halo games in the future. "It's fair to say that our intent is that the majority of what we showcased in Foundry is expected to be in projects which we are building, or future projects," says Hintze. Project Foundry includes more detailed landscapes for Halo biomes, as well as foliage levels we haven't seen in Halo games in the past. Master Chief's armor has even been remodeled in this footage [...]. Halo Studios is now working on multiple Halo games, while the Slipstream Engine will continue to power Halo Infinite. "We had a disproportionate focus on trying to create the conditions to be successful in servicing Halo Infinite," says Hintze. "[But switching to Unreal] allows us to put all the focus on making multiple new experiences at the highest quality possible."

800,000 tons of rock have been excavated from a South Dakota research facility — part of a multi-year process "to help answer some of physics' biggest questions," writes America's Energy Department.

"The caverns they excavated will hold a massive particle detector and accompanying equipment." Along with partners from more than 35 countries, the Department of Energy's Office of Science is supporting the Deep Underground Neutrino Experiment at the Long-Baseline Neutrino Facility (LBNF-DUNE)... To study how neutrinos change type as they travel, LBNF-DUNE will be sending a stream of neutrinos from DOE's Fermilab National Accelerator Laboratory in Illinois [nearly 600 miles away] to South Dakota. At the beginning and end of the particles' journey, detectors will measure the types of neutrinos and antineutrinos. By comparing the rates of how both particles change type, scientists may find a difference that accounts for that ancient misalignment.
There's also hope they'll detect neutrinos from supernovae explosions — and maybe even decaying protons LBNF-DUNE will use massive, seven-story tall detectors. Each detector will have 17,000 tons of liquid argon. That vast quantity of liquid maximizes the likelihood that scientists will detect as many neutrinos as possible. The far detector — the one in South Dakota — will be located about a mile underground. That distance places it in the right location compared to Fermilab and blocks the detector from other cosmic particles.
"Just carrying out the excavation took three years," the announcement notes. ("The team had to dissemble the equipment, move it deep underground, and then reassemble it.) The 800,000 tons of rock were moved to the surface and then stored in a former mine.

"Now that the excavation is complete, the LBNF-DUNE team is moving on to the next steps. Currently, they are installing the far detector in the Sanford Underground Research Facility. They anticipate finishing construction and starting to operate the detector in 2028. The team will then move on to installing the near detector at Fermilab.

"The launch of LBNF/DUNE will be the beginning of a new era in understanding neutrinos and knowing more about our universe as a whole."

This week the U.S. Attorney's Office for the Southern District of New York unsealed charges over a "scheme to commit fraud" in carbon markets, which they say fraudulently netted one company "tens of millions of dollars" worth of credits — which led to "securing an investment of over $100 million."

MarketWatch reports: Ken Newcombe had spent years building a program to distribute more environmentally friendly cookstoves for free to rural communities in Africa and Southeast Asia. The benefit for his company, C-Quest Capital, would be the carbon credits it would receive in exchange for reducing the amount of fuel people burned in order to cook food — credits the company could then sell for a profit to big oil companies like BP.

But when Newcombe tried to ramp up the program, federal prosecutors said in an indictment made public Wednesday, he quickly realized that the stoves wouldn't deliver the emissions savings he had promised investors. Rather than admit his mistake, he and his partners cooked the books instead, prosecutors said... That allowed them to obtain carbon credits worth tens of millions of dollars that they didn't deserve, prosecutors said. On the basis of the fraudulently gained credits, prosecutors said, C-Quest was able to secure $250 million in funding from an outside investor.

"The alleged actions of the defendants and their co-conspirators risked undermining the integrity of [the global market for carbon credits], which is an important part of the fight against climate change," said Damian Williams, the U.S. attorney for the Southern District of New York.
From announced by the U.S. Attorney's Office: U.S. Attorney Damian Williams said... "The alleged actions of the defendants and their co-conspirators risked undermining the integrity of that market, which is an important part of the fight against climate change. Protecting the sanctity and integrity of the financial markets continues to be a cornerstone initiative for this Office, and we will continue to be vigilant in rooting out fraud in the market for carbon credits...."

While most carbon credits are created through, and trade in compliance markets, there is also a voluntary carbon market. Voluntary markets revolve around companies and entities that voluntarily set goals to reduce or offset their carbon emissions, often to align with goals from employees or shareholders. In voluntary markets, the credits are issued by non-governmental organizations, using standards for measuring emission reductions that they develop based on input from market participants, rather than on mandates from governments. The non-governmental organizations issue voluntary carbon credits to project developers that run projects that reduce emissions or remove greenhouse gases from the atmosphere.

CQC was a for-profit company that ran projects to generate carbon credits — including a type of credit known as a voluntary carbon unit ("VCU") — by reducing emissions of greenhouse gases. CQC profited by selling VCUs it obtained, often to companies seeking to offset the impact of greenhouse gases they emit in the course of operating their businesses.
The company itself was not charged due to "voluntary and timely self-disclosure of misconduct," according to the announcement, along with "full and proactive cooperation, timely and appropriate remediation, and agreement to cancel or void certain voluntary carbon units.

First announced in 2018, Samsung's "One UI" software is expanding to all the company's major tech products in 2025. 9to5Google reports: At its annual developer conference, Samsung announced that "One UI" is the new name for the company's software experiences across "major product lines." This specifically includes TVs and home appliances. Samsung says: "In addition, the company announced that it will integrate the software experience of its major product lines -- from mobile devices to TVs and home appliances -- under the name One UI next year. By providing a cohesive product experience and committing to software upgrades for up to seven years, Samsung will continue to bring innovation for its customers."

There's no word on how, if at all, this will affect software design or features, but the cohesive branding and the announcement mentioning that it will "integrate the software experience" implies we'll see similar designs across the company's portfolio, at least eventually. Samsung also announced that One UI 7, its next Android update, would be delayed to 2025 with a beta "before the end of the year" during the same keynote.

On Wednesday, the SEC filed (PDF) to appeal a 2023 court ruling that determined XRP is not considered a security when sold to retail investors on exchanges. The announcement sent the price of XRP tumbling more than 8%. "XRP, which was created by the founders of Ripple, is the native token of the open source XRP Ledger, which Ripple uses in its cross-border payments business," notes CNBC. "It is the fifth-largest coin by market cap, excluding stablecoins Tether (USDT) and USD Coin (USDC)." CNBC reports: Ripple, the largest holder of XRP coins, scored a partial victory last summer after a three-year battle with the SEC. U.S. District Judge Analisa Torres handed down the decision, which was hailed as a landmark win for the crypto industry. Still, while XRP isn't considered a security when sold to retail investors on exchanges, it is considered an unregistered security offering if sold to institutional investors.

Ripple declined to comment but referred to Wednesday evening posts on X by CEO Brad Garlinghouse and chief legal officer Stuart Alderoty. Alderoty said the company is evaluating whether to file a cross appeal, and called the SEC's decision to appeal "disappointing, but not surprising." The SEC, under Chair Gary Gensler, has become notorious for its refusal to provide clear guidance for crypto businesses, instead opting to regulate by enforcement actions. "XRP's status as a non-security is the law of the land today - and that does not change even in the face of this misguided - and infuriating - appeal," Garlinghouse said on X.

An anonymous reader quotes a report from the Associated Press: Google said Friday it will stop linking to New Zealand news content and will reverse its support of local media outlets if the government passes a law forcing tech companies to pay for articles displayed on their platforms. The vow to sever Google traffic to New Zealand news sites -- made in a blog post by the search giant on Friday -- echoes strategies the firm deployed as Australia and Canada prepared to enact similar laws in recent years. It followed a surprise announcement by New Zealand's government in July that lawmakers would advance a bill forcing tech platforms to strike deals for sharing revenue generated from news content with the media outlets producing it.

The government, led by center-right National, had opposed the law in 2023 when introduced by the previous administration. But the loss of more than 200 newsroom jobs earlier this year -- in a national media industry that totaled 1,600 reporters at the 2018 census and has likely shrunk since -- prompted the current government to reconsider forcing tech companies to pay publishers for displaying content. The law aims to stanch the flow offshore of advertising revenue derived from New Zealand news products. If the media law passes, Google New Zealand Country Director Caroline Rainsford said the firm would need to change its involvement in the country. "Specifically, we'd be forced to stop linking to news content on Google Search, Google News, or Discover surfaces in New Zealand and discontinue our current commercial agreements and ecosystem support with New Zealand news publishers."

Google's licensing program in New Zealand contributed "millions of dollars per year to almost 50 local publications," she added.

The Arch Linux team has announced a collaboration with Valve, working to support critical infrastructure projects like a build service and secure signing enclave for the Arch Linux distribution. Tom's Hardware reports: If you're familiar with Valve and Steam Deck, you may already know that the Deck uses SteamOS 3, which is built on top of Arch Linux. Thanks to the Arch Linux base and Valve's development of the Proton compatibility layer for playing Windows games on Linux, we now have a far improved Linux gaming scene, especially on Valve's Steam Deck and Deck OLED handhelds. While Valve's specific reasons for picking Arch Linux for Steam Deck remain unknown, it's pretty easy to guess why it was picked. Mainly, it's a particularly lightweight distribution maintained since March 2002, which lends itself well to gaming with minimal performance overhead. A more intensive Linux distribution may not have been the ideal base for SteamOS 3, which is targeted at handhelds like Steam Deck first.

As primary Arch Linux developer Levente Polyak discloses in the announcement post, "Valve is generously providing backing for two critical projects that will have a huge impact on our distribution: a build service infrastructure and a secure signing enclave. By supporting work on a freelance basis for these topics, Valve enables us to work on them without being limited solely by the free time of our volunteers." Polyak continues, "This opportunity allows us to address some of the biggest outstanding challenges we have been facing for a while. The collaboration will speed up the progress that would otherwise take much longer for us to achieve, and will ultimately unblock us from finally pursuing some of our planned endeavors [...] We believe this collaboration will greatly benefit Arch Linux, and are looking forward to share further development on the mailing list as work progresses."

Past studies have suggested a major ocean current could collapse, quickly changing temperatures and climate patterns, reports the Washington Post.

"But scientists disagree on whether the the Atlantic Meridional Overturning Circulation (AMOC) is already slowing, and questions remain as to whether a variety of proxy measurements actually indicate a slowdown" — including a new analysis arguing that the current "has remained remarkably stable." One way to detect AMOC weakening is to monitor the strength of its components such as the Florida Current, which flows swiftly from the Gulf of Mexico into the North Atlantic. The current is a "major contributor" to the AMOC, the researchers write, and a slowdown of the current might indicate a slowdown of the AMOC. Scientists have been tracking its strength since the 1980s using a submarine cable that measures the volume of water it transports.

In the current study, researchers reconsider the data, correcting for a gradual shift in Earth's magnetic field that they say affected the cable measurements. Previous assessments of the uncorrected data showed a slight slowing in the Florida Current. But when they corrected for the shift in Earth's magnetic field, the researchers write, they found that the current "has remained remarkably stable" and not declined significantly over the past 40 years.
The researchers' announcement acknowledges that "It is possible that the AMOC is changing without a corresponding change in the Florida Current..."