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Coursera Acquires Udemy For $930 Million18:10 Coursera announced on Wednesday that it will acquire rival online learning platform Udemy in an all-stock deal that values the combined company at $2.5 billion, a move that brings together two of the largest U.S.-based players in an industry that has struggled since pandemic-era enrollment highs faded. Under the terms of the agreement, Udemy shareholders will receive 0.8 shares of Coursera for each share they hold, valuing Udemy at roughly $930 million. Based on Coursera's last closing price, t… Google Sues Alleged Chinese Scam Group Behind Massive US Text Message Phishing Ring17:35 Google is suing a Chinese-speaking cybercriminal group it says is responsible for a massive wave of scam text messages sent to Americans this year, according to a legal complaint filed Tuesday. From a report: The group, known as Darcula, sells software that allows users to send phishing text messages en masse, impersonating organizations like the IRS or the U.S. Postal Service in scams. The lawsuit is designed to give Google legal standing so U.S. courts will allow it to seize websites the grou… Meta Is Considering Charging Business Pages To Post Links17:00 Meta is informing some users that they will soon be restricted in how many link posts they can share each month, unless they pay for its Meta Verified subscription service. As per the notification message: "Starting December 16, certain Facebook profiles without Meta Verified, including yours, will be limited to sharing links in 2 organic posts per month. Subscribe to Meta Verified to share more links on Facebook, plus get a verified badge and additional benefits to help protect your brand." To… Warner Bros Discovery Board Rejects Rival Bid From Paramount16:24 Warner Bros Discovery's board spurned Paramount Skydance's $108.4 billion hostile takeover bid on Wednesday, calling the offer "illusory" as it accused the studio giant of misleading shareholders about its financing. From a report: Paramount has been in a race with Netflix to win control of Warner Bros, and with it, its prized film and television studios, HBO Max streaming service and franchises like "Harry Potter." After Warner Bros accepted the streaming giant's offer, Paramount launched a ho… OpenAI in Talks With Amazon About Investment That Could Exceed $10 Billion16:24 OpenAI is in discussions with Amazon about a potential investment and an agreement to use its AI chips, CNBC confirmed on Tuesday. From the report: The details are fluid and still subject to change but the investment could exceed $10 billion, according to a person familiar with the matter who asked not to be named because the talks are confidential. The discussions come after OpenAI completed a restructuring in October and formally outlined the details of its partnership with Microsoft, giving … Uber and DoorDash Try To Halt NYC Law That Encourages Tipping14:37 An anonymous reader quotes a report from the New York Times: Two of the largest food-delivery app companies have made a last-ditch effort to overturn tipping laws in New York City that go into effect in January just as its next mayor, who has been highly critical of the companies and the app industry, takes office. Tips to delivery workers have plummeted since some food-delivery apps switched to showing the tipping option only after a purchase had been completed; that change came after New York… Senators Count the Shady Ways Data Centers Pass Energy Costs On To Americans11:06 U.S. senators are probing whether Big Tech data centers are driving up local electricity bills by socializing grid upgrade costs onto residents. Some of the tactics they're using include NDAs, shell companies, and lobbying. Ars Technica reports: In letters (PDF) to seven AI firms, Senators Elizabeth Warren (D-Mass.), Chris Van Hollen (D-Md.), and Richard Blumenthal (D-Conn.) cited a study estimating that "electricity prices have increased by as much as 267 percent in the past five years" in "ar… The Arctic Is in Dire Straits, 20 Years of Reporting Show8:19 A new Arctic Report Card recap shows how the Arctic has transformed in just 20 years, warming about twice as fast as the global average and losing most of its oldest sea ice. It's also triggering cascading impacts from "Atlantification" to permafrost-driven "rusting rivers" and more destructive storms. Scientific American reports: The first Arctic Report Card was released by the National Oceanic and Atmospheric Administration in 2006. Since then the region has warmed twice as fast as the global… Breach At South Korea's Equivalent of Amazon Exposed Data of Almost Every Adult4:58 An anonymous reader quotes a report from the Wall Street Journal: The alleged perpetrator had improper access to virtually every South Korean adult's personal information: names, phone numbers and even the keycode to enter residential buildings. It was one of the biggest data breaches of recent years and it has sent the company it targeted -- Coupang, South Korea's equivalent of Amazon -- reeling, generating lawsuits, government investigation and calls to toughen penalties against such leaks. T… EU Moves To Ease 2035 Ban On Internal Combustion Cars2:43 The EU is moving to soften its planned 2035 ban on internal combustion cars by allowing a small share of low-emission engines. "The less stringent limit would leave room for automakers to continue selling some plug-in hybrids, which have both electric and internal combustion engines and can use the combustion engine to recharge the battery without the need to find a charging station," reports the Associated Press. From the report: The proposal from the EU's executive commission would change pro… Meta Tolerates Rampant Ad Fraud From China To Safeguard Billions In Revenue2:10 A Reuters investigation found that Meta knowingly tolerated large volumes of scam and illegal ads from China worth billions in revenue. Reuters reports: Though China's authoritarian government bans use of Meta social media by its citizens, Beijing lets Chinese companies advertise to foreign consumers on the globe-spanning platforms. As a result, Meta's advertising business was thriving in China, ultimately reaching over $18 billion in annual sales in 2024, more than a tenth of the company's glo… Dual-PCB Linux Computer With 843 Components Designed By AI Boots On First Attempt1:36 Quilter says its AI designed a complex Linux single-board computer in just one week, booting Debian on first power-up. "Holy crap, it's working," exclaimed one of the engineers. Tom's Hardware reports: LA-based startup Quilter has outlined Project Speedrun, which marks a milestone in computer design by AI. The headlining claims are that Quilter's AI facilitated the design of a new Linux SBC, using 843 parts and dual-PCBs, taking just one week to finish, then successfully booting Debian the firs… Mark Carney Criticised For Using British Spellings In Canadian Documents1:02 An anonymous reader quotes a report from the Guardian: Mark Carney says that amid a fundamental shift to the nature of globalization, his government will catalyze the growth in both the public and private sector. But Canadian linguists say that's a problem. Language experts have called out the Canadian prime minister's growing "utilization" of British spellings in key documents -- including the recent federal budget and a press release issued following a meeting with Donald Trump. Carney, who s… Intel Quietly Discontinues Its Open-Source User-Space Gaudi Driver Code0:27 Intel has quietly stopped maintaining its open-source user-space driver stack for Gaudi accelerators. Phoronix reports: It turns out earlier this year Intel archived the SynapseAI Core open-source code and is no longer maintained by Intel. The open-source Synapse AI Core GitHub repository was archived in February and README updated with: "This project will no longer be maintained by Intel. Intel has ceased development and contributions including, but not limited to, maintenance, bug fixes, new … Reporter Suggests Half-Life 3 Will Be a Steam Machine Launch Title23:19 A veteran games journalist claims Half-Life 3 is real and still planned as a Spring 2026 launch title tied to Valve's next Steam Machine push. Ars Technica reports: On the contrary, veteran journalist Mike Straw insisted on a recent Insider Gaming podcast that "everybody I've talked to are still adamant [Half-Life 3] is a game that will be a launch title with the Steam Machine." Straw -- who has a long history of reporting gaming rumors from anonymous sources -- said this Half-Life 3 informatio… |