The Energy Information Administration (EIA) expects Americans' monthly electricity bills to average $173 between June through August, compared to $168 last summer. "The slight bump in costs comes from consumers cranking up their air conditioning more to cope with a warmer season than last year," writes The Verge's Justine Calma. "Bills would have jumped higher, if not for lower residential electricity prices helping to balance out some of the increased energy use from air conditioning." From the report: Some regions are likely to be harder hit by the weather than others. Because of heat and humidity along the Gulf Coast, residents in Southern states typically use the most electricity in the summer to cool their homes. The Pacific Coast, meanwhile, faces the biggest potential percentage increase in retail electricity prices in the nation -- a 7 percent jump since last year. Wholesale electricity costs there have risen since 2022, in part because of a heat and drought-induced shortfall in hydroelectricity generation. Households along the Pacific could see their electricity bills go up an average of $11 per month this summer, according to the EIA.

To be sure, the EIA says that weather is "the main source of uncertainty" in its forecasts for folks' utility bills. If this summer winds up being hotter than expected, households could wind up paying even more. Residential electricity use typically peaks in the summer for most of the US because of air conditioning. Extreme heat can even trigger power outages if demand suddenly rises too sharply. California, the Southwest, the Midwest, Texas, and New England are at "elevated risk" of electricity supply shortages during any extreme weather this summer, according to an assessment (PDF) by the North American Electric Reliability Corporation.

An anonymous reader shares a report: It's been a rocky couple of months for Sonos -- so much so that CEO Patrick Spence now has a canned autoreply for customers emailing him to vent about the redesigned app. But as the company works to right the ship, restore trust, and get the new Sonos Ace headphones off to a strong start, it finds itself in the middle of yet another controversy.

As highlighted by repair technician and consumer privacy advocate Louis Rossmann, Sonos has made a significant change to its privacy policy, at least in the United States, with the removal of one key line. The updated policy no longer contains a sentence that previously said, "Sonos does not and will not sell personal information about our customers." That pledge is still present in other countries, but it's nowhere to be found in the updated US policy, which went into effect earlier this month.

Visa's and Mastercard's proposed $30 billion antitrust settlement to limit credit and debit card fees for merchants is in peril, after a New York judge signaled she was preparing to reject the accord. From a report: U.S. District Judge Margo Brodie in Brooklyn told lawyers for the card networks and objectors at a hearing on Thursday that she will "likely not approve the settlement," according to court records.

She plans to write an opinion explaining her decision and reasoning. Both card networks said they were disappointed. Mastercard called the settlement a "fair resolution" that gave businesses more flexibility in managing card transactions, and Visa called it an "appropriate resolution" to the nearly 19-year-old case.

An anonymous reader shares a report: After five years of pioneering research into the abuse of social platforms, the Stanford Internet Observatory is winding down. Its founding director, Alex Stamos, left his position in November. Renee DiResta, its research director, left last week after her contract was not renewed. One other staff member's contract expired this month, while others have been told to look for jobs elsewhere, sources say.

Some members of the eight-person team might find other jobs at Stanford, and it's possible that the university will retain the Stanford Internet Observatory branding, according to sources familiar with the matter. But the lab will not conduct research into the 2024 election or other elections in the future.

New submitter wgoodman writes: A Boeing 737 Max 8 jet experienced a rare but potentially serious problem recently known as a Dutch roll before landing safely. The Federal Aviation Administration is investigating the cause of the incident during a Southwest Airlines flight last month. Less than an hour after taking off from Phoenix on May 25th, the plane experienced an uncontrolled side-to-side yawing motion known as a Dutch roll while cruising at 32,000 feet. The pilots of Southwest flight 746 were able to regain control and the plane landed safely in Oakland, according to a preliminary report from the FAA.

[...] The Boeing 737 Max 8 jet involved in the Dutch roll incident is less than two years old. According to the FAA, a post-flight inspection revealed damage to a backup power control unit, known as a PCU. That system controls rudder movements on the plane's tail. The plane remained in Oakland until June 6th, when it flew to Everett, Wash., where one of Southwest's maintenance vendors is based. Boeing has been working to rebuild the trust of federal regulators and the flying public since a pair of Boeing 737 Max 8 jets crashed in 2018 and 2019, killing 346 people. Earlier versions of the 737 were involved in several accidents and crashes during the 1990s that were ultimately blamed on problems with the tail rudder.

According to a new survey from the Pew Research Center, TikTok is the second most popular source of news for Americans after X, "though most TikTok users don't primarily think of the shortform video app as a news source," notes The Verge. The survey looked at how Facebook, Instagram, TikTok and X play a role in Americans' news diets. From the report: Among TikTok users, only 15 percent say keeping up with the news is a major reason they use the app. Still, 35 percent of those surveyed said they wouldn't have seen the news they get on TikTok elsewhere. And unlike other apps, the news users see on TikTok is just as likely to come from influencers or celebrities as it is from journalists -- and it's far more likely to come from total strangers. (Meanwhile, most Facebook and Instagram users say the news that pops up on their feeds is posted by friends, relatives, or other people they know; on X, users are more likely to see news posted by media outlets or reporters.)

An anonymous reader quotes a report from the New York Times: Chemical and manufacturing groups sued the federal government late Monday (Warning: source paywalled; alternative source) over a landmark drinking-water standard that would require cleanup of so-called forever chemicals linked to cancer and other health risks. The industry groups said that the government was exceeding its authority under the Safe Drinking Water Act by requiring that municipal water systems all but remove six synthetic chemicals, known by the acronym PFAS, that are present in the tap water of hundreds of millions of Americans. The Environmental Protection Agency has said that the new standard, put in place in April, will prevent thousands of deaths and reduce tens of thousands of serious illnesses. The E.P.A.'s cleanup standard was also expected to prompt a wave of litigation against chemical manufacturers by water utilities nationwide trying to recoup their cleanup costs. Utilities have also challenged the stringent new standard, questioning the underlying science and citing the cost of filtering the toxic chemicals out of drinking water.

In a joint filing late Monday, the American Chemistry Council and National Association of Manufacturers said the E.P.A. rule was "arbitrary, capricious and an abuse of discretion." The petition was filed in the Court of Appeals for the District of Columbia. In a separate petition, the American Water Works Association and the Association of Metropolitan Water Agencies said the E.P.A. had "significantly underestimated the costs" of the rule. Taxpayers could ultimately foot the bill in the form of increased water rates, they said. PFAS, a vast class of chemicals also called per- and polyfluoroalkyl substances, are widespread in the environment. They are commonly found in people's blood, and a 2023 government study of private wells and public water systems detected PFAS chemicals in nearly half the tap water in the country. Exposure to PFAS has been associated with developmental delays in children, decreased fertility in women and increased risk of some cancers, according to the E.P.A. [...] The E.P.A. estimates that it would cost water utilities about $1.5 billion annually to comply with the rule, though utilities have said the costs could be twice that amount. Further reading: Lawyers To Plastic Makers: Prepare For 'Astronomical' PFAS Lawsuits

Intel has begun ferrying around 20 "super loads" across Ohio for the construction of its new $28 billion Ohio One Campus. The extensive planning and coordination required for these shipments are expected to cause road closures and delays during the nine days of transport. Tom's Hardware reports: Intel's new campus coming to New Albany, OH, is in heavy construction, and around 20 super loads are being ferried across Ohio's roads by the Ohio Department of Transportation after arriving at a port of the Ohio River via barge. Four of these loads, including the one hitting the road now, weigh around 900,000 pounds -- that's 400 metric tons, or 76 elephants. The super loads were first planned for February but were delayed due to the immense planning workload. Large crowds are estimated to accumulate on the route, potentially slowing it even further.

Intel's 916,000-pound shipment is a "cold box," a self-standing air-processor structure that facilitates the cryogenic technology needed to fabricate semiconductors. The box is 23 feet tall, 20 feet wide, and 280 feet long, nearly the length of a football field. The immense scale of the cold box necessitates a transit process that moves at a "parade pace" of 5-10 miles per hour. Intel is taking over southern Ohio's roads for the next several weeks and months as it builds its new Ohio One Campus, a $28 billion project to create a 1,000-acre campus with two chip factories and room for more. Calling it the new "Silicon Heartland," the project will be the first leading-edge semiconductor fab in the American Midwest, and once operational, will get to work on the "Angstrom era" of Intel processes, 20A and beyond. The Ohio Department of Transportation has shared a timetable for how long this process will take.

The U.S. Federal Trade Commission is prioritizing enforcement actions against major technology companies that cause the most harm, FTC Chair Lina Khan said at an event. Khan emphasized the importance of targeting "mob bosses" rather than lower-level offenders to effectively address illegal behaviors in the industry. The FTC has recently launched antitrust probes into Microsoft, Open AI, and Nvidia, and has taken legal action against Meta, Amazon, Google, and Apple in recent years. TechCrunch adds: Khan said that in any given year, the FTC sees up to 3,000 merger filings reported to the agency and that around 2% of those deals get a second look by the government. "So you have 98% of deals that, for the most part, are going through," she said. "If you are a startup or a founder that is eager for an acquisition as an exit, a world in which you have five or six or seven or eight potential suitors, I would think, is a better world in which you just have one or two, right? And so, actually promoting more competition at that level to ensure that startups have you know more of a fair chance of getting a better valuation, I think would be beneficial as well."

New York has launched its mobile ID program, "giving residents the option to digitize their driver's license or non-driver ID," reports The Verge. From the report: Beginning today, the New York Mobile ID app is available from Apple's App Store and Google Play. The app can be used for identity verification at airports. A physical license, permit, or non-driver ID is required to activate a mobile ID; you'll need to take a photo of the front and back with your phone during the enrollment process. The news was announced during a media briefing at LaGuardia Airport on Tuesday that included New York's and Transportation Security Administration federal security director Robert Duffy, among other speakers. Their pitch is that mobile IDs "will revolutionize the way New Yorkers protect their identities and will significantly enhance the way they get through security at airports across the nation." State officials are also emphasizing that it's a voluntary option meant for convenience.

"When you offer your mobile ID to TSA or anyone else who accepts it, you are in full control of sharing that information. They can only see the information they request to see," Schroeder said. "If you only need to prove your age, you can withhold other information that a verifier doesn't need to see." The app is designed so that your phone remains in your possession at all times -- you should never freely hand a device over to law enforcement -- and shows a QR code that can be scanned to verify your identity. Any changes to your license status such as renewals or suspensions are automatically pushed to the mobile version, and the digital ID also mirrors data like whether you're an organ donor.

For now, acceptance of mobile IDs by businesses (and the police) is completely voluntary -- and there's no deadline in place for compliance -- so it's definitely too soon to start leaving your physical one at home. But bars and other small businesses can start accepting them immediately if they install the state's verifier app. The New York Mobile ID app can be used "at nearly 30 participating airports across the country including all terminals at LaGuardia and John F. Kennedy airports," according to a press release from Governor Kathy Hochul. New York joins a small list of states that have rolled out mobile driver's licenses, including Arizona, Colorado, Delaware, Georgia, Florida, Iowa, Louisiana, Maryland, Mississippi, Missouri, and Utah.

Four more U.S. states on Tuesday joined the Justice Department's lawsuit against Apple alleging the iPhone maker is monopolizing smartphone markets, the department said in a statement. From a report: The four states are Indiana, Massachusetts, Nevada and Washington, the Justice Department said. The original lawsuit was filed in March, and 15 states and the District of Columbia joined the lawsuit at the time. The lawsuit alleges that Apple uses its market power to get more money from consumers, developers, content creators, artists, publishers, small businesses and merchants. The civil lawsuit accuses Apple of an illegal monopoly on smartphones, maintained by imposing contractual restrictions on, and withholding critical access from, developers. The Justice Department has previously said Apple charges as much as $1,599 for an iPhone and makes a larger profit than any rival. Officials also said Apple imposes hidden charges on various business partners - from software developers to credit card companies and even rivals such as Alphabet's, Google, in ways that ultimately raise prices for consumers.

schwit1 shares a report: Bill Gates and his energy company are starting construction at their Wyoming site for a next-generation nuclear power plant he believes will "revolutionize" how power is generated. Gates was in the tiny community of Kemmerer Monday to break ground on the project. The co-founder of Microsoft is chairman of TerraPower. The company applied to the Nuclear Regulatory Commission in March for a construction permit for an advanced nuclear reactor that uses sodium, not water, for cooling. If approved, it would operate as a commercial nuclear power plant.

The site is adjacent to PacifiCorp's Naughton Power Plant, which will stop burning coal in 2026 and natural gas a decade later, the utility said. Nuclear reactors operate without emitting planet-warming greenhouse gases. PacifiCorp plans to get carbon-free power from the reactor and says it is weighing how much nuclear to include in its long-range planning. The work begun Monday is aimed at having the site ready so TerraPower can build the reactor as quickly as possible if its permit is approved. Russia is at the forefront for developing sodium-cooled reactors.

storkus shares a report: Starting from 2030, Mastercard will no longer require Europeans to enter their card numbers manually when checking out online -- no matter what platform or device they're using. Mastercard will announce Tuesday in a fireside chat with CNBC that, by 2030, all cards it issues on its network in Europe will be tokenized. In other words, instead of the 16-digit card number we're all accustomed to using for transactions, this will be replaced with a randomly generated "token."

The firm says it's been working with banks, fintechs, merchants and other partners to phase out manual card entry for e-commerce by 2030 in Europe, in favor of a one-click button across all online platforms. This will ensure that consumers' cards are secure against fraud attempts, Mastercard says. Users won't have to keep entering passwords every time they try to make a payment, as Mastercard is introducing passkeys that replace passwords.

storkus comments: "This story, as currently written, says nothing about their plans outside Europe but in the past the USA in particular has been dead last in getting this kind of tech."

Last week America's energy secretary cheered the startup of a fourth nuclear reactor at a Georgia power plant, calling it "the largest producer of clean energy, and the largest producer of electricity in the United States" after a third reactor was started up there in December.

From the U.S. Energy Department's transcript of the speech: Each year, Units 3 and 4 are going to produce enough clean power to power 1 million homes and businesses, enough energy to power roughly 1 in 4 homes in Georgia. Preventing 10 million metric tons of carbon dioxide pollution annually. That, by the way, is like planting more than 165 million trees every year!

And that's not to mention the historic investments that [electric utility] Southern has made on the safety front, to ensure this facility meets — and exceeds — the highest operating standards in the world....

To reach our goal of net zero by 2050, we have to at least triple our current nuclear capacity in this country. That means we've got to add 200 more gigawatts by 2050. Okay, two down, 198 to go! In building [Unit] 4, we've solved our greatest design challenges. We've stood up entire supply chains.... And so it's time to cash in on our investments by building more. More of these facilities. The Department of Energy's Loan Programs Office stands ready to help, with hundreds of billions of dollars in what we call Title 17 loans... Since the President signed the Inflation Reduction Act and the Bipartisan Infrastructure Law, companies across the nation have announced 29 new or expanded nuclear facilities — across 16 states — representing about 1,600 potential new jobs. And the majority of those projects will expand the domestic uranium production and fuel fabrication, strengthening these critical supply chains...

Bottom line is, in short, we are determined to build a world-class nuclear industry in the United States, and we're putting our money where our mouth is.
America's Energy Secretary told the Washington Post that "Whether it happens through small modular reactors, or AP1000s, or maybe another design out there worthy of consideration, we want to see nuclear built." The Post notes the Energy department gave a $1.5 billion loan to restart a Michigan power plant which was decommissioned in 2022. "It would mark the first time a shuttered U.S. nuclear plant has been reactivated."

"But in this country with 54 nuclear plants across 28 states, restarting existing reactors and delaying their closure is a lot less complicated than building new ones." When the final [Georgia] reactor went online at the end of April, the expansion was seven years behind schedule and nearly $20 billion over budget. It ultimately cost more than twice as much as promised, with ratepayers footing much of the bill through surcharges and rate hikes...

Administration officials say the country has no choice but to make nuclear power a workable option again. The country is fast running short on electricity, demand for power is surging amid a boom in construction of data centers and manufacturing plants, and a neglected power grid is struggling to accommodate enough new wind and solar power to meet the nation's needs...

As the administration frames the narrative of the plant as one of perseverance and innovation that clears a path for restoring U.S. nuclear energy dominance, even some longtime boosters of the industry question whether this country will ever again have a vibrant nuclear energy sector. "It is hard for me to envision state energy regulators signing off on another one of these, given how badly the last ones went," said Matt Bowen, a nuclear scholar at the Center on Global Energy Policy at Columbia University, who was an adviser on nuclear energy issues in the Obama administration.
The article notes there are 19 AP1000 reactors (the design used at the Georgia plant) in development around the world. "None of them are being built in the United States."

Long-time Slashdot reader theodp writes: "Great news, Louisiana!" tech-backed Code.org exclaimed Wednesday in celebratory LinkedIn, Facebook, and Twitter posts. Louisiana is "officially the 10th state to make computer science a [high school] graduation requirement. Huge thanks to Governor Jeff Landry for signing the bill and to our legislative champions, Rep. Jason Hughes and Sen. Thomas Pressly, for making it happen! This means every Louisiana student gets a chance to learn coding and other tech skills that are super important these days. These skills can help them solve problems, think critically, and open doors to awesome careers!"

Representative Hughes, the sponsor of HB264 — which calls for each public high school student to successfully complete a one credit CS course as a requirement for graduation and also permits students to take two units of CS instead of studying a Foreign Language — tweeted back: "HUGE thanks @codeorg for their partnership in this effort every step of the way! Couldn't have done it without [Code.org Senior Director of State Government Affairs] Anthony [Owen] and the Code.org team!"

Code.org also on Wednesday announced the release of its 2023 Impact Report, which touted its efforts "to include a requirement for every student to take computer science to receive a high school diploma." Since its 2013 launch, Code.org reports it's spent $219.8 million to push coding into K-12 classrooms, including $19 million on Government Affairs (Achievements: "Policies changed in 50 states. More than $343M in state budgets allocated to computer science.").

In Code.org by the Numbers, the nonprofit boasts that 254,683 students started Code.org's AP CS Principles course in the academic year (2025 Goal: 400K), while 21,425 have started Code.org's new Amazon-bankrolled AP CS A course. Estimates peg U.S. public high school enrollment at 15.5M students, annual K-12 public school spending at $16,080 per pupil, and an annual high school student course load at 6-8 credits...

"Rust is the fastest-growing programming language, with its developer community doubling in size over the past two years," writes The New Stack, "yet JavaScript remains the most popular language with 25.2 million active developers, according to the results of a recent survey." The 26th edition of SlashData's Developer Nation survey showed that the Rust community doubled its number of users over the past two years — from two million in the first quarter of 2022 to four million in the first quarter of 2024 — and by 33% in the last 12 months alone. The SlashData report covers the first quarter of 2024. "Rust has developed a passionate community that advocates for it as a memory-safe language which can provide great performance, but cybersecurity concerns may lead to an even greater increase," the report said. "The USA and its international partners have made the case in the last six months for adopting memory-safe languages...."

"JavaScript's dominant position is unlikely to change anytime soon, with its developer population increasing by 4M developers over the last 12 months, with a growth rate in line with the global developer population growth," the report said. The strength of the JavaScript community is fueled by the widespread use of the language across all types of development projects, with at least 25% of developers in every project type using it, the report said. "Even in development areas not commonly associated with the language, such as on-device coding for IoT projects, JavaScript still sees considerable adoption," SlashData said.

Also, coming in strong, Python has overtaken Java as the second most popular language, driven by the interest in machine learning and AI. The battle between Python and Java shows Python with 18.2 million developers in Q1 2024 compared to Java's 17.7 million. This comes about after Python added more than 2.1 million net new developers to its community over the last 12 months, compared to Java which only increased by 1.2 million developers... Following behind Java there is a six-million-developer gap to the next largest community, which is C++ with 11.4 million developers, closely trailed by C# with 10.2 million and PHP with 9.8 million. Languages with the smallest communities include Objective-C with 2.7 million developers, Ruby with 2.5 million, and Lua with 1.8 million. Meanwhile, the Go language saw its developer population grow by 10% over the last year. It had previously outpaced the global developer population growth, growing by 5Y% over the past two years, from three million in Q1 2022 to 4.7 million in Q1 2024.
"TNS analyst Lawrence Hecht has a few different takeaways. He notes that with the exceptions of Rust, Go and JavaScript, the other major programming languages all grew slower than the total developer population, which SlashData says increased 39% over the last two years alone."

America "is now adding less wind capacity each year" than it was before the passage of a climate-protecting bill in 2022, according to the New York Times.

Since then "solar panel installations are indeed soaring to record highs in the U.S., as are batteries that can store energy for later. But wind power has struggled, both on land and in the ocean." Some factors behind the wind industry's recent slowdown may be temporary, such as snarled supply chains. But wind power is also more vulnerable than solar power to many of the biggest logistical hurdles that hinder energy projects today: a lack of transmission lines, a lengthy permitting process and a growing backlash against new projects in many communities... [M]any areas are now crowded with turbines and existing electric grids are clogged, making it difficult to add more projects. Energy companies want to expand the grid's capacity to transport even more wind power to population centers, but getting permits for transmission lines and building them has become a brutal slog that can take more than a decade... Because they can reach the height of skyscrapers, wind turbines are more noticeable than solar farms and often attract more intense opposition from local communities.

The wind industry has also been hampered by soaring equipment costs after the pandemic wrecked supply chains and inflation spiked. While those factors initially hurt solar, too, the solar industry has adjusted much faster, with China nearly doubling its manufacturing capacity for panels over the past two years. Wind supply chains, which are dominated by a few manufacturers in China, Europe and the United States, have yet to fully recover. The cost increases have been devastating for offshore wind projects in the Northeast, where developers have canceled more than half the projects they planned to build this decade. Wind isn't languishing only in the United States. While a record 117 gigawatts of new wind capacity came online last year globally, virtually all of that growth was in China. In the rest of the world, developers weren't installing wind turbines any faster than they were in 2020...

It's still possible that wind power could rebound. In fact, some experts argue that the recent slowdown is only a temporary artifact of tax policy... [John Hensley, vice president for markets and policy analysis at the American Clean Power Association, a renewable industry trade group] said that U.S. wind manufacturing was beginning to ramp up thanks to new tax incentives, while costs were starting to come down. Last year, orders for new turbines increased by 130%, although many of them won't be delivered until 2025 or later. Some states are now trying to make it easier to build renewable energy: Illinois, Michigan and Minnesota have all passed laws making it harder for local governments to restrict wind and solar. The federal government has issued new rules to accelerate the planning of transmission lines.

Demand for wind could also rise as a growing number of states, tech companies and hydrogen producers are trying to secure clean electricity around the clock, rather than just a burst of solar power in the daytime.
Many plans for moving America off fossil fuels "envision a large expansion of both solar and wind," the article points out, "because the two sources generate electricity at different hours and can complement each other. A boom in solar power alone, which runs only in daytime, isn't enough."

Yelp can pursue a lawsuit accusing a reputation management company of fraudulently advertising its ability to remove "bad" reviews from the business review website. From a report: In a decision late Thursday night, U.S. District Judge William Alsup in San Francisco said Yelp can pursue trademark infringement and unfair competition claims against ReviewVio, which operates as Dandy. Yelp said ReviewVio's ads, which include the Yelp logo, harmed its reputation by suggesting that businesses could pay for artificially inflated star ratings.

This allegedly undercut honest businesses that will not pay to remove negative reviews, and undermined the usefulness of Yelp's website to consumers. Yelp also said it lost ad revenue from businesses that paid for "review gating," which the company prohibits, or incorrectly believed that Yelp endorsed the practice.

An anonymous reader quotes a report from the New York Times: In a blow to publishers and authors, Costco plans to stop selling books regularly at stores around the United States, four publishing executives who had been informed of the warehouse retailer's plans said on Wednesday. Beginning in January 2025, the company will stop stocking books regularly, and will instead sell them only during the holiday shopping period, from September through December. During the rest of the year, some books may be sold at Costco stores from time to time, but not in a consistent manner, according to the executives, who spoke anonymously in order to discuss a confidential business matter that has not yet been publicly announced.

Costco's shift away from books came largely because of the labor required to stock books, the executives said. Copies have to be laid out by hand, rather than just rolled out on a pallet as other products often are at Costco. The constant turnaround of books -- new ones come out every Tuesday and the ones that have not sold need to be returned -- also created more work. The decision could be a significant setback for publishers at a moment when the industry is facing stagnant print sales and publishing houses are struggling to find ways to reach customers who have migrated online. Costco had already stopped selling books in some markets, including Alaska and Hawaii. While Costco may not be as critical of an outlet as a bookstore like Barnes & Noble, its influence is also evident in the large quantities it orders. When Costco chose to carry a book, "it often went big, ordering tens of thousands of copies at a minimum," says the report. "For major blockbusters, they might stock hundreds of thousands of copies of a single title."

"The change may also impact Costco customers, particularly those who live in areas without a bookstore. And because many books at Costco were impulse buys, some of those sales may not shift over to Amazon or Barnes & Noble. Instead, they might not happen at all."

The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry, Reuters reported Thursday, citing a source familiar with the matter. From the report: Under the deal, the U.S. Department of Justice will take the lead in investigating whether Nvidia violated antitrust laws, while the FTC will examine the conduct of OpenAI and Microsoft. While OpenAI's parent is a nonprofit, Microsoft has invested $13 billion in a for-profit subsidiary, for what would be a 49% stake. The Microsoft-OpenAI partnership is also under informal scrutiny in other regions.

The regulators struck the deal over the past week and it is expected to be completed in the coming days, the person said. The FTC is also looking into Microsoft's $650 million deal with AI startup Inflection AI, a person familiar with the matter said.