| Stock Exchanges Urge Regulators To Crack Down on 'Tokenised Stocks' Aug 25th 2025, 16:05 by msmash A group representing the world's biggest stock exchanges has called on securities regulators to clamp down on so-called tokenised stocks, arguing that the blockchain-based tokens create new risks for investors and could harm market integrity. From a report: Crypto exchange Coinbase and broker Robinhood are among those making a push into the nascent sector that could shake up the securities investing landscape. Proponents say tokenised equities can cut trading costs, speed up settlement and facilitate around-the-clock trading. The World Federation of Exchanges (WFE), in a letter sent to three regulatory bodies last Friday, said it was concerned the tokens "mimic" equities without providing the same rights or trading safeguards. Read more of this story at Slashdot. | | Musk's xAI Sues Apple and OpenAI Over Alleged Antitrust Violations Aug 25th 2025, 15:28 by msmash An anonymous reader shares a report: Elon Musk's AI startup xAI sued Apple and ChatGPT maker OpenAI in U.S. federal court in Texas on Monday, accusing them of illegally conspiring to thwart competition for artificial intelligence. Musk earlier this month had threatened to sue Cupertino, California-based Apple, saying in a post on his social media platform X that "Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach #1 in the App Store." Read more of this story at Slashdot. | | Chinese Solar Makers' Losses Deepen as Industry Vows To End Price War Aug 25th 2025, 14:41 by msmash Years of aggressive capacity expansion have driven China's solar manufacturing sector into deep losses. Panel prices have hit their lowest levels since 2011 even as the country's installations more than doubled. Shanghai-listed Tongwei reported a 4.96 billion yuan ($693 million) net loss for the first half of 2025, widening from 3.13 billion yuan a year earlier, while Trina Solar swung to a 2.92 billion yuan loss from a prior-year profit. Panel prices touched 8.7 cents per watt in July, forcing manufacturers to write down inventory values across the polysilicon-to-module supply chain. China installed 212.2 gigawatts of photovoltaic capacity through June, bringing total installations to 1.1 terawatts, yet supply continues outpacing demand after seven major manufacturers posted their first combined annual loss in 2024. The Ministry of Industry and Information Technology convened leading producers last week to urge shutdowns of outdated capacity, while the China Photovoltaic Industry Association pledged to tackle what it termed "involution-style" competition through strengthened self-discipline measures.   Read more of this story at Slashdot. | | DHL Deploys AI To Fill Retirement Gap as Third of German Workers Near Exit Aug 25th 2025, 14:01 by msmash DHL's German operations, facing the departure of one-third of support staff within five years, has automated customer service calls and begun capturing institutional knowledge through AI-conducted exit interviews. The company's voicebot now processes one million monthly calls, resolving half without human intervention, though initial deployments struggled with basic German language recognition. FT adds: At DHL in Germany, one in three staff working in support operations will retire in the next five years, taking with them decades of institutional memory. "Everyone in Germany understands that if you don't automate and use AI, you won't be able to deal with the shrinking workforce," says Gemein [chief information officer for post and parcels]. Read more of this story at Slashdot. | | New Book Argues Hybrid Schedules 'Don't Work', Return-to-Office Brings Motivation and Learning Aug 25th 2025, 11:34 by EditorDavid Yahoo Finance interviews Peter Cappelli, a Wharton professor of management, on "the business case for employers pushing for workers to get back to the office." (Cappelli has co-written a new book with workplace strategist Ranya Nehmeh titled In Praise of the Office: The Limits to Hybrid and Remote Work ...) Yahoo Finance: What's wrong with a hybrid work arrangement? Cappelli: People just don't come in. That's maybe the single biggest factor. There is a growing awareness that people are really never there on their anchor days. If you want that for your company, you have to manage that attendance... Yahoo Finance: What's the compelling advantage of in-person work? Cappelli: There's value in human interaction, what we learn from each other, the cooperation that we can get in solving problems, and the motivation and commitment that comes from being around other people... When you first began your career, imagine what it would've been like if no one was in the office. You'd be completely lost. If you think about how we learn about office work, we learn by watching. You learn what the values of the organization are. You learn it from the conversations in the office. You can see how the boss reacts to different requests and different problems. As you advance, you've got your ear to the ground, and you've got the opportunity to raise your hand and pitch in and have some influence. You can catch the boss between meetings and pass along a little tidbit of information, and you develop relationships with people where you can solve problems... Those are the kind of things that we miss when we move to remote — in addition to the general fact that people are energized by working with people. With remote work, people also spend more time in meetings that are worthless. A lot of those things could be fixed, but the problem is they're not. He argues remote work isn't as widespread as it seems. ("In Europe, for example, where employees have always had more power, I figured remote work would stay. It hasn't. Most everybody's gone back to the office.") Even in the U.S., 70% of employers are in-office, all the time. ("[M]ost employers are small. Remote work and hybrid work, in particular, is largely a big city, big company phenomenon... It's only white-collar jobs.") And fewer jobs offered are being offered with remote-working options, he believes, now that the labor market has softened. "CEOs are now thinking we're losing something, and the employee resistance to return to the office has weakened.... The longer you wait, the harder it is to ever get people to come back without a big fight. " Cappelli: Right now, people might be saying, 'I will quit if I have to go back to the office,' but it turns out they don't mean it. The reason, of course, is it's one thing to say that you will quit; it's another to actually walk away from a paycheck... If you opt for remote or hybrid, good outcomes don't happen by themselves. You can make it work, but it requires more time and effort for management, more rules, more practices, more leadership. Read more of this story at Slashdot. | | Bluesky Blocks Mississippi Over Age Verification Law Aug 25th 2025, 07:44 by EditorDavid People in Mississippi no longer have access to Bluesky. "If you access Bluesky from a Mississippi IP address, you'll see a message explaining why the app isn't available," announced a Bluesky blog post Friday. The reason is a new Mississippi law that "requires all users to verify their ages before using common social media sites ranging from Facebook to Nextdoor," noted NPR. Bluesky wrote that their block "will remain in place while the courts decide whether the law will stand." [U]nder the law, we would need to verify every user's age and obtain parental consent for anyone under 18. The potential penalties for non-compliance are substantial — up to $10,000 per user. Building the required verification systems, parental consent workflows, and compliance infrastructure would require significant resources that our small team is currently unable to spare. Bluesky also notes that the law "requires collecting and storing sensitive personal information from all users...not just those accessing age-restricted content" — and that this information would include "detailed tracking of minors." TechCrunch notes that even blocking Mississippi has created some problems: Some Bluesky users outside Mississippi subsequently reported issues accessing the service due to their cell providers routing traffic through servers in the state, with CTO Paul Frazee responding Saturday that the company was "working deploy an update to our location detection that we hope will solve some inaccuracies." The company's blog post notes that its decision only applies to the Bluesky app built on the AT Protocol. Other apps may approach the decision differently. Interestingly, the law had been immediately challenged by NetChoice (a trade association of major tech companies). But while a District Court agreed, blocking the law from going into effect (until court challenges finished), an Appeals Court then lifted that block. A final appeal to America's Supreme Court was unsuccessful — although the ruling by Justice Kavanaugh suggests the law could be overturned later: "To be clear, NetChoice has, in my view, demonstrated that it is likely to succeed on the merits — namely, that enforcement of the Mississippi law would likely violate its members' First Amendment rights under this Court's precedents... [U]nder this Court's case law as it currently stands, the Mississippi law is likely unconstitutional. Nonetheless, because NetChoice has not sufficiently demonstrated that the balance of harms and equities favors it at this time, I concur in the Court's denial of the application for interim relief." Read more of this story at Slashdot. | | Survey Finds More Python Developers Like PostgreSQL, AI Coding Agents - and Rust for Packages Aug 25th 2025, 05:34 by EditorDavid More than 30,000 Python developers from around the world answered questions for the Python Software Foundation's annual survey — and PSF Fellow Michael Kennedy tells the Python community what they've learned in a new blog post. Some highlights: Most still use older Python versions despite benefits of newer releases... Many of us (15%) are running on the very latest released version of Python, but more likely than not, we're using a version a year old or older (83%). [Although less than 1% are using "Python 3.5 or lower".] The survey also indicates that many of us are using Docker and containers to execute our code, which makes this 83% or higher number even more surprising... You simply choose a newer runtime, and your code runs faster. CPython has been extremely good at backward compatibility. There's rarely significant effort involved in upgrading... [He calculates some cloud users are paying up to $420,000 and $5.6M more in compute costs.] If your company realizes you are burning an extra $0.4M-$5M a year because you haven't gotten around to spending the day it takes to upgrade, that'll be a tough conversation... Rust is how we speed up Python now... The Python Language Summit of 2025 revealed that "Somewhere between one-quarter and one-third of all native code being uploaded to PyPI for new projects uses Rust", indicating that "people are choosing to start new projects using Rust". Looking into the survey results, we see that Rust usage grew from 27% to 33% for binary extensions to Python packages... [The blog post later advises Python developers to learn to read basic Rust, "not to replace Python, but to complement it," since Rust "is becoming increasingly important in the most significant portions of the Python ecosystem."] PostgreSQL is the king of Python databases, and only it's growing, going from 43% to 49%. That's +14% year over year, which is remarkable for a 28-year-old open-source project... [E]very single database in the top six grew in usage year over year. This is likely another indicator that web development itself is growing again, as discussed above... [N]early half of the respondents (49%) plan to try AI coding agents in the coming year. Program managers at major tech companies have stated that they almost cannot hire developers who don't embrace agentic AI. The productive delta between those using it and those who avoid it is simply too great (estimated at about 30% greater productivity with AI). It's their eighth annual survey (conducted in collaboration with JetBrains last October and November). But even though Python is 34 years old, it's still evolving. "In just the past few months, we have seen two new high-performance typing tools released," notes the blog post. (The ty and Pyrefly typecheckers — both written in Rust.) And Python 3.14 will be the first version of Python to completely support free-threaded Python... Just last week, the steering council and core developers officially accepted this as a permanent part of the language and runtime... Developers and data scientists will have to think more carefully about threaded code with locks, race conditions, and the performance benefits that come with it. Package maintainers, especially those with native code extensions, may have to rewrite some of their code to support free-threaded Python so they themselves do not enter race conditions and deadlocks. There is a massive upside to this as well. I'm currently writing this on the cheapest Apple Mac Mini M4. This computer comes with 10 CPU cores. That means until this change manifests in Python, the maximum performance I can get out of a single Python process is 10% of what my machine is actually capable of. Once free-threaded Python is fully part of the ecosystem, I should get much closer to maximum capacity with a standard Python program using threading and the async and await keywords. Some other notable findings from the survey: Data science is now over half of all Python. This year, 51% of all surveyed Python developers are involved in data exploration and processing, with pandas and NumPy being the tools most commonly used for this. Exactly 50% of respondents have less than two years of professional coding experience! And 39% have less than two years of experience with Python (even in hobbyist or educational settings)... "The survey tells us that one-third of devs contributed to open source. This manifests primarily as code and documentation/tutorial additions." Read more of this story at Slashdot. | |
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