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Earth

Many Carbon Capture Projects Are Now Launching (yahoo.com) 93

The Los Angeles Times reports that "multiple projects seeking to remove carbon dioxide from the air have been launched across Los Angeles County: When completed, Project Monarch and its wastewater component, Pure Water Antelope Valley, will purify up to 4.5 million gallons of water each day and capture 25,000 tons of atmospheric CO2 each year. (The typical gasoline-powered automobile spews 4.6 tons of carbon each year, according to the Environmental Protection Agency).... But the Palmdale project isn't the only new carbon-capture development in L.A. County. On Friday, officials from CarbonCapture Inc. gathered in Long Beach to introduce the first commercial-scale U.S. direct air capture, or DAC, system designed for mass production. The unit, which resembles a shipping container, can remove more than 500 tons of atmospheric CO2 per year... The L.A.-based company also announced that it will mass-produce up to 4,000 of its DAC modules annually at a new facility in Mesa, Arizona. It joins similar efforts from L.A.-based Captura, which is working to remove CO2 from the upper ocean; L.A.-based Avnos, which produces water while capturing carbon; and L.A.-based Equatic, which is working to remove atmospheric CO2 using the ocean...

[Equatic's] San Pedro facility pumps seawater through a series of electric plates that separate the water into hydrogen and oxygen as well as acidic and alkaline streams of liquid. The alkaline, or base, stream is exposed to the atmosphere, where it mineralizes CO2 into carbonates that are then dissolved and discharged back into the ocean for permanent storage, operators say Additionally, the hydrogen produced by the process is carbon-negative, making it a source of renewable energy that can be used to fuel the CO2 removal process or sold to other users, said Edward Sanders, chief operating officer at Equatic.

Equatic announced this month that it will partner with a Canadian carbon removal project developer, Deep Sky, to build North America's first commercial-scale ocean-based CO2 removal plant in Quebec, following the success of its effort in Los Angeles as well as another facility in Singapore. While the San Pedro facility can capture about 40 tons of CO2 per year, the Quebec facility will capture about 100,000 tons per year, Sanders said.

Meanwhile, two new projects by direct air capture company Heirloom were announced this week in Louisiana. Those projects are "expected to remove hundreds of thousands of tons of carbon dioxide from the air per year," according to the Associated Press, "and store it deep underground... part of "a slew of carbon removal and storage projects that have been announced in Louisiana." Heirloom estimates that they will eventually remove 320,000 tons of carbon dioxide each year... The company uses limestone, a natural absorbent, to extract carbon dioxide from the air. Heirloom's technology reduces the time it takes to absorb carbon dioxide in nature from years to just three days, according to the company's press release. The carbon dioxide is then removed from the limestone material and stored permanently underground.
In May America's Energy department also announced $3.5 billion in funding for its carbon-capture program — four large-scale, regional direct air capture hubs "that each comprise a network of carbon dioxide removal projects..." The hubs will have the capacity to capture and then permanently store at least one million metric tons of CO2 from the atmosphere annually, either from a single unit or from multiple interconnected units.
And Shell Canada has a pair of carbon capture projects in Alberta it expects to have operational toward the end of 2028, according to the CBC: The Polaris project is designed to capture about 650,000 tonnes of carbon dioxide annually from the Scotford complex. That works out to approximately 40 per cent of Scotford's direct CO2 emissions from the refinery and 22 per cent of its emissions from the chemicals complex.
Transportation

Boeing Fraud Violated Fatal MAX Crash Settlement, Says Justice Department, Seeking Guilty Plea on Criminal Charges (yahoo.com) 123

America's Justice Department "is pushing for Boeing to plead guilty to a criminal charge," reports Reuters, "after finding the planemaker violated a settlement over fatal 737 MAX crashes in 2018 and 2019 that killed 346 people, two people familiar with the matter said on Sunday." Boeing previously paid $2.5 billion as part of the deal with prosecutors that granted the company immunity from criminal prosecution over a fraud conspiracy charge related to the 737 MAX's flawed design. Boeing had to abide by the terms of the deferred prosecution agreement for a three-year period that ended on Jan. 7. Prosecutors would then have been poised to ask a judge to dismiss the fraud conspiracy charge. But in May, the Justice Department found Boeing breached the agreement, exposing the company to prosecution.
A guilty plea could "carry implications for Boeing's ability to enter into government contracts," the article points out, "such as those with the U.S. military that make up a significant portion of its revenue..." The proposal would require Boeing to plead guilty to conspiring to defraud the U.S. Federal Aviation Administration in connection with the fatal crashes, the sources said. The proposed agreement also includes a $487.2 million financial penalty, only half of which Boeing would be required to pay, they added. That is because prosecutors are giving the company credit for a payment it made as part of the previous settlement related to the fatal crashes of the Lion Air and Ethiopian Airlines flights. Boeing could also likely be forced to pay restitution under the proposal's terms, the amount of which will be at a judge's discretion, the sources said.

The offer also contemplates subjecting Boeing to three years of probation, the people said. The plea deal would also require Boeing's board to meet with victims' relatives and impose an independent monitor to audit the company's safety and compliance practices for three years, they said.

"Should Boeing refuse to plead guilty, prosecutors plan to take the company to trial, they said..." the article points out.

"Justice Department officials revealed their decision to victims' family members during a call earlier on Sunday."
AI

Exam Submissions By AI Found To Earn Higher Grades Than Real-Life Students (yahoo.com) 118

Exam submissions generated by AI can not only evade detection but also earn higher grades than those submitted by university students, a real-world test has shown. From a report: The findings come as concerns mount about students submitting AI-generated work as their own, with questions being raised about the academic integrity of universities and other higher education institutions. It also shows even experienced markers could struggle to spot answers generated by AI, the University of Reading academics said.

Peter Scarfe, an associate professor at Reading's School of Psychology and Clinical Language Sciences said the findings should serve as a "wake-up call" for educational institutions as AI tools such as ChatGPT become more advanced and widespread. He said: "The data in our study shows it is very difficult to detect AI-generated answers. There has been quite a lot of talk about the use of so-called AI detectors, which are also another form of AI but (the scope here) is limited." For the study, published in the journal Plos One, Prof Scarfe and his team generated answers to exam questions using GPT-4 and submitted these on behalf of 33 fake students. Exam markers at Reading's School of Psychology and Clinical Language Sciences were unaware of the study. Answers submitted for many undergraduate psychology modules went undetected in 94% of cases and, on average, got higher grades than real student submissions, Prof Scarfe said.

Businesses

Uber Is Locking Out NYC Drivers Mid-Shift To Lower Minimum Pay (yahoo.com) 131

An anonymous reader shares a report: Uber has begun locking New York City drivers out of its app during periods of low demand in an attempt to fight a minimum wage rule, and Lyft is threatening to do the same. As a result, some drivers say their wages have fallen by as much as 50%. At the heart of the move, say the two companies, is a six-year-old pay rule in New York that, among other things, requires firms like Uber and Lyft to pay drivers for the idle time they rack up between rides. The lockouts, which began last month, are aimed at limiting how much non-passenger time drivers are able to log and be paid for. Drivers, meanwhile, say they need to work longer hours to earn the same amount as before.
AI

Head of Paris's Top Tech University Says Secret To France's AI Boom Is Focus on Humanities (yahoo.com) 23

French universities are becoming hotbeds for AI innovation, attracting investors seeking the next tech breakthrough. Ecole Polytechnique, a 230-year-old institution near Paris, stands out with 57% of France's AI startup founders among its alumni, according to Dealroom data analyzed by Accel. The school's approach combines STEM education with humanities and military training, producing well-rounded entrepreneurs. "AI is now instilling every discipline the same way mathematics did years ago," said Dominique Rossin, the school's provost. "We really push our students out of their comfort zone and encourage them to try new subjects and discover new areas in science," he added.

France leads Europe in AI startup funding, securing $2.3 billion and outpacing the UK and Germany, according to Dealroom.
Businesses

Amazon Labor Union, Airplane Hub Workers Ally with Teamsters Organizing Workers Nationwide (yahoo.com) 31

Two prominent unions are teaming up to challenge Amazon, reports the New York Times — "after years of organizing Amazon workers and pressuring the company to bargain over wages and working conditions."

Members of the Amazon Labor Union "overwhelmingly chose to affiliate with the 1.3-million-member International Brotherhood of Teamsters" in a vote last Monday. While the Amazon Labor Union (or ALU) is the only union formally representing Amazon warehouse workers anywhere in America after an election in 2022, "it has yet to begin bargaining with Amazon, which continues to contest the election outcome." Leaders of both unions said the affiliation agreement would put them in a better position to challenge Amazon and would provide the Amazon Labor Union with more money and staff support...

The Teamsters are ramping up their efforts to organize Amazon workers nationwide. The union voted to create an Amazon division in 2021, and O'Brien was elected that year partly on a platform of making inroads at the company. The Teamsters told the ALU that they had allocated $8 million to support organizing at Amazon, according to ALU President Christian Smalls, and that the larger union was prepared to tap its more than $300 million strike and defense fund to aid in the effort...

The Teamsters also recently reached an affiliation agreement with workers organizing at Amazon's largest airplane hub in the United States, a Kentucky facility known as KCVG. Experts have said unionizing KCVG could give workers substantial leverage because Amazon relies heavily on the hub to meet its one- and two-day shipping goals.

Their agreement with the Teamsters says the Amazon Labor Union will also "lend its expertise to assist in organizing other Amazon facilities" across America, according to the article.
Netscape

Slashdot Asks: What Do You Remember About the Web in 1994? (fastcompany.com) 171

"The Short Happy Reign of the CD-ROM" was just one article in a Fast Company series called 1994 Week. As the week rolled along they also re-visited Yahoo, Netscape, and how the U.S. Congress "forced the videogame industry to grow up."

But another article argues that it's in web pages from 1994 that "you can start to see in those weird, formative years some surprising signs of what the web would be, and what it could be." It's hard to say precisely when the tipping point was. Many point to September '93, when AOL users first flooded Usenet. But the web entered a new phase the following year. According to an MIT study, at the start of 1994, there were just 623 web servers. By year's end, it was estimated there were at least 10,000, hosting new sites including Yahoo!, the White House, the Library of Congress, Snopes, the BBC, sex.com, and something called The Amazing FishCam. The number of servers globally was doubling every two months. No one had seen growth quite like that before. According to a press release announcing the start of the World Wide Web Foundation that October, this network of pages "was widely considered to be the fastest-growing network phenomenon of all time."

As the year began, Web pages were by and large personal and intimate, made by research institutions, communities, or individuals, not companies or brands. Many pages embodied the spirit, or extended the presence, of newsgroups on Usenet, or "User's Net." (Snopes and the Internet Movie Database, which landed on the Web in 1993, began as crowd-sourced projects on Usenet.) But a number of big companies, including Microsoft, Sun, Apple, IBM, and Wells Fargo, established their first modest Web outposts in 1994, a hint of the shopping malls and content farms and slop factories and strip mines to come. 1994 also marked the start of banner ads and online transactions (a CD, pizzas), and the birth of spam and phishing...

[B]ack in '94, the salesmen and oilmen and land-grabbers and developers had barely arrived. In the calm before the storm, the Web was still weird, unruly, unpredictable, and fascinating to look at and get lost in. People around the world weren't just writing and illustrating these pages, they were coding and designing them. For the most part, the design was non-design. With a few eye-popping exceptions, formatting and layout choices were simple, haphazard, personal, and — in contrast to most of today's web — irrepressibly charming. There were no table layouts yet; cascading style sheets, though first proposed in October 1994 by Norwegian programmer Håkon Wium Lie, wouldn't arrive until December 1996... The highways and megalopolises would come later, courtesy of some of the world's biggest corporations and increasingly peopled by bots, but in 1994 the internet was still intimate, made by and for individuals... Soon, many people would add "under construction" signs to their Web pages, like a friendly request to pardon our dust. It was a reminder that someone was working on it — another indication of the craft and care that was going into this never-ending quilt of knowledge.

The article includes screenshots of Netscape in action from browser-emulating site OldWeb.Today (albeit without using a 14.4 kbps modems). "Look in and think about how and why this web grew the way it did, and what could have been. Or try to imagine what life was like when the web wasn't worldwide yet, and no one knew what it really was."

Slashdot reader tedlistens calls it "a trip down memory lane," offering "some telling glimpses of the future, and some lessons for it too." The article revisits 1994 sites like Global Network Navigator, Time-Warner's Pathfinder, and Wired's online site HotWired as well as 30-year-old versions of the home pages for Wells Fargo and Microsoft.

What did they miss? Share your own memories in the comments.

What do you remember about the web in 1994?
AI

OpenAI's 'Media Manager' Mocked, Amid Accusations of Robbing Creative Professionals (yahoo.com) 63

OpenAI's 'Media Manager' Mocked, Amid Accusations of Robbing Creative Professionals "Amid the hype surrounding Apple's new deal with OpenAI, one issue has been largely papered over," argues the Executive Director of America's writer's advocacy group, the Authors Guild.

OpenAI's foundational models "are, and have always been, built atop the theft of creative professionals' work." [L]ast month the company quietly announced Media Manager, scheduled for release in 2025. A tool purportedly designed to allow creators and content owners to control how their work is used, Media Manager is really a shameless attempt to evade responsibility for the theft of artists' intellectual property that OpenAI is already profiting from.

OpenAI says this tool would allow creators to identify their work and choose whether to exclude it from AI training processes. But this does nothing to address the fact that the company built its foundational models using authors' and other creators' works without consent, compensation or control over how OpenAI users will be able to imitate the artists' styles to create new works. As it's described, Media Manager puts the burden on creators to protect their work and fails to address the company's past legal and ethical transgressions. This overture is like having your valuables stolen from your home and then hearing the thief say, "Don't worry, I'll give you a chance to opt out of future burglaries ... next year...."

AI companies often argue that it would be impossible for them to license all the content that they need and that doing so would bring progress to a grinding halt. This is simply untrue. OpenAI has signed a succession of licensing agreements with publishers large and small. While the exact terms of these agreements are rarely released to the public, the compensation estimates pale in comparison with the vast outlays for computing power and energy that the company readily spends. Payments to authors would have minimal effects on AI companies' war chests, but receiving royalties for AI training use would be a meaningful new revenue stream for a profession that's already suffering...

We cannot trust tech companies that swear their innovations are so important that they do not need to pay for one of the main ingredients — other people's creative works. The "better future" we are being sold by OpenAI and others is, in fact, a dystopia. It's time for creative professionals to stand together, demand what we are owed and determine our own futures.

The Authors Guild (and 17 other plaintiffs) are now in an ongoing lawsuit against OpenAI and Microsoft. And the Guild's executive director also notes that there's also "a class action filed by visual artists against Stability AI, Runway AI, Midjourney and Deviant Art, a lawsuit by music publishers against Anthropic for infringement of song lyrics, and suits in the U.S. and U.K. brought by Getty Images against Stability AI for copyright infringement of photographs."

They conclude that "The best chance for the wider community of artists is to band together."
AI

Foundation Honoring 'Star Trek' Creator Offers $1M Prize for AI Startup Benefiting Humanity (yahoo.com) 37

The Roddenberry Foundation — named for Star Trek creator Gene Roddenberry — "announced Tuesday that this year's biennial award would focus on artificial intelligence that benefits humanity," reports the Los Angeles Times: Lior Ipp, chief executive of the foundation, told The Times there's a growing recognition that AI is becoming more ubiquitous and will affect all aspects of our lives. "We are trying to ... catalyze folks to think about what AI looks like if it's used for good," Ipp said, "and what it means to use AI responsibly, ethically and toward solving some of the thorny global challenges that exist in the world...."

Ipp said the foundation shares the broad concern about AI and sees the award as a means to potentially contribute to creating those guardrails... Inspiration for the theme was also borne out of the applications the foundation received last time around. Ipp said the prize, which is "issue-agnostic" but focused on early-stage tech, produced compelling uses of AI and machine learning in agriculture, healthcare, biotech and education. "So," he said, "we sort of decided to double down this year on specifically AI and machine learning...."

Though the foundation isn't prioritizing a particular issue, the application states that it is looking for ideas that have the potential to push the needle on one or more of the United Nations' 17 sustainable development goals, which include eliminating poverty and hunger as well as boosting climate action and protecting life on land and underwater.

The Foundation's most recent winner was Sweden-based Elypta, according to the article, "which Ipp said is using liquid biopsies, such as a blood test, to detect cancer early."

"We believe that building a better future requires a spirit of curiosity, a willingness to push boundaries, and the courage to think big," said Rod Roddenberry, co-founder of the Roddenberry Foundation. "The Prize will provide a significant boost to AI pioneers leading these efforts." According to the Foundation's announcement, the Prize "embodies the Roddenberry philosophy's promise of a future in which technology and human ingenuity enable everyone — regardless of background — to thrive."

"By empowering entrepreneurs to dream bigger and innovate valiantly, the Roddenberry Prize seeks to catalyze the development of AI solutions that promote abundance and well-being for all."
AI

Multiple AI Companies Ignore Robots.Txt Files, Scrape Web Content, Says Licensing Firm (yahoo.com) 108

Multiple AI companies are ignoring Robots.txt files meant to block the scraping of web content for generative AI systems, reports Reuters — citing a warning sent to publisher by content licensing startup TollBit. TollBit, an early-stage startup, is positioning itself as a matchmaker between content-hungry AI companies and publishers open to striking licensing deals with them. The company tracks AI traffic to the publishers' websites and uses analytics to help both sides settle on fees to be paid for the use of different types of content... It says it had 50 websites live as of May, though it has not named them. According to the TollBit letter, Perplexity is not the only offender that appears to be ignoring robots.txt. TollBit said its analytics indicate "numerous" AI agents are bypassing the protocol, a standard tool used by publishers to indicate which parts of its site can be crawled.

"What this means in practical terms is that AI agents from multiple sources (not just one company) are opting to bypass the robots.txt protocol to retrieve content from sites," TollBit wrote. "The more publisher logs we ingest, the more this pattern emerges."


The article includes this quote from the president of the News Media Alliance (a trade group representing over 2,200 U.S.-based publishers). "Without the ability to opt out of massive scraping, we cannot monetize our valuable content and pay journalists. This could seriously harm our industry."

Reuters also notes another threat facing news sites: Publishers have been raising the alarm about news summaries in particular since Google rolled out a product last year that uses AI to create summaries in response to some search queries. If publishers want to prevent their content from being used by Google's AI to help generate those summaries, they must use the same tool that would also prevent them from appearing in Google search results, rendering them virtually invisible on the web.
Transportation

EV Maker Fisker Files for Bankruptcy (yahoo.com) 54

Fisker filed for bankruptcy on Monday, months after the electric-vehicle startup stopped production of its only model, the oft-malfunctioning Ocean SUV. From a report: Fisker is the second plug-in car company started by Henrik Fisker -- a famed designer of BMW and Aston Martin sports cars -- to end up in bankruptcy. An earlier venture, Fisker Automotive, filed for Chapter 11 protection in 2013 after a series of recalls spelled the downfall of its battery supplier, a fellow recipient of US Energy Department loans. The undoing of Fisker was more self-inflicted. The startup went public in 2020 as part of the wave of EV companies to benefit from the pandemic era boom in special purpose acquisition companies.

Combining with a SPAC sponsored by Apollo Global Management Inc. left Fisker with roughly $1 billion in cash and helped the company land a deal with a Magna International subsidiary that manufactures vehicles for the likes of Toyota, BMW and Mercedes-Benz. While Fisker Ocean sport utility vehicle production started on schedule in November 2022, the first SUVs lacked basic features including cruise control. The California-based company told customers it would deploy capabilities it had promised them the following year, via over-the-air software updates. Software bugs ended up slowing production for months, leading Fisker to repeatedly slash its forecasts. In February of this year, influential YouTuber Marques Brownlee produced a video -- This is the Worst Car I've Ever Reviewed -- that summarizes a series of issues he experienced while borrowing an Ocean from a New Jersey dealership.

Transportation

Which Way is the EV Market Headed? And Does the US Lag the World? (yahoo.com) 346

Wednesday the annual electric vehicle outlook report was released by market researcher BloombergNEF. And the analyst wrote that "Our long-term outlook for EVs remains bright," according to the Los Angeles Times: In 2023, EVs made up 18% of global passenger-vehicle sales. By 2030, according to the report, 45% will be EVs. That number jumps to 73% by 2040 — still short of what the world needs to reach net zero emissions in transportation, the firm says, but enough to achieve major reductions in climate-changing carbon emissions...

[D]ifferent countries are moving at different speeds and with different levels of commitment. Today, "China, India and France are still showing signs of healthy growth, but the latest data from Germany, Italy and the U.S. is more concerning," BloombergNEF said. Global EV sales "are set to rise from 13.9 million in 2023 to over 30 million in 2027," despite the lagging U.S. [The article points out later that "For the first quarter in China, EV sales were up 37%, according to BloombergNEF. In India, it's 39%, and in France, 20%. The U.S. was a laggard, up just 4%."]

Whatever the geography, consumer concerns about price, driving range, battery lifespan, and unreliable public charging continue to dampen many buyers' enthusiasm for EVs. BloombergNEF's findings are echoed by consulting firm McKinsey and the AAA motor club, in recent forecasts of their own. But EV prices are coming down, range is improving, and large numbers of public chargers are being installed, all of which could revive sales growth. Consumers around the planet are warming to the idea of buying an electric car, but they're moving slowly. According to McKinsey, 14% of 30,000 global survey respondents in 2021 said their next vehicle would be an EV. This year, it's 18%.

In the U.S. it's a different story, where consumer interest in an EV purchase declined to 18% this year, according to AAA's survey, down from 23% in 2023. And nearly two-thirds reported they were unlikely to buy an EV next time they buy a car. Interest in hybrids is on the rise. One in three said they were likely to buy a hybrid, a vehicle that adds a small battery to an internal combustion engine to improve fuel efficiency. That's bad news for pure EV sales, at least in the immediate future, said Greg Brannon, head of automotive research at AAA. Early adopters already have their EVs, he said, while mainstream buyers remain skeptical.

The article does note that major automakers "are losing billions of dollars in their EV division," with several cutting the EV goals for the U.S. (Though Hyundai and Kia are not.) And then there's this... A global survey conducted by consulting firm McKinsey, also released Wednesday, included this shocker: 29% of EV owners told McKinsey they plan to replace the EV they bought with a gasoline or diesel car, a figure that jumps to 38% for U.S. EV owners. Phillip Kampshoff, who leads McKinsey's Center for Future Mobility in the Americas, said he'd seen EV sales as "a one way street. Once you buy, you're hooked on an EV. But that's not what the data shows...."
But the article points out that both BloombergNEF and McKinsey still remained bullish that adoption will increase in the future.
Government

53 LA County Public Health Workers Fall for Phishing Email. 200,000 People May Be Affected (yahoo.com) 37

The Los Angeles Times reports that "The personal information of more than 200,000 people in Los Angeles County was potentially exposed after a hacker used a phishing email to steal the login credentials of 53 public health employees, the county announced Friday." Details that were possibly accessed in the February data breach include the first and last names, dates of birth, diagnoses, prescription information, medical record numbers, health insurance information, Social Security numbers and other financial information of Department of Public Health clients, employees and other individuals. "Affected individuals may have been impacted differently and not all of the elements listed were present for each individual," the agency said in a news release...

The data breach happened between Feb. 19 and 20 when employees received a phishing email, which tries to trick recipients into providing important information such as passwords and login credentials. The employees clicked on a link in the body of the email, thinking they were accessing a legitimate message, according to the agency...

The county is offering free identity monitoring through Kroll, a financial and risk advisory firm, to those affected by the breach. Individuals whose medical records were potentially accessed by the hacker should review them with their doctor to ensure the content is accurate and hasn't been changed. Officials say people should also review the Explanation of Benefits statement they receive from their insurance company to make sure they recognize all the services that have been billed. Individuals can also request credit reports and review them for any inaccuracies.

From the official statement by the county's Public Health department: Upon discovery of the phishing attack, Public Health disabled the impacted e-mail accounts, reset and re-imaged the user's device(s), blocked websites that were identified as part of the phishing campaign and quarantined all suspicious incoming e-mails. Additionally, awareness notifications were distributed to all workforce members to remind them to be vigilant when reviewing e-mails, especially those including links or attachments. Law enforcement was notified upon discovery of the phishing attack, and they investigated the incident.
Transportation

FAA Investigating How Counterfeit Titanium Got Into Boeing and Airbus Jets (yahoo.com) 101

"Titanium that was distributed with fake documentation has been found in commercial Boeing and Airbus jets," reports CNN. America's Federal Aviation Administration is now investigating whether those components pose a safety hazard to the public," along with the manufacturers of the aircraft and supplier Spirit AeroSystems.

"A parts supplier found small holes in the material from corrosion," the New York Times reported Friday: Boeing and Airbus both said their tests of affected materials so far had shown no signs of problems.

Boeing said it directly purchased most of the titanium used in its plane production, so most of its supply was unaffected. "This industrywide issue affects some shipments of titanium received by a limited set of suppliers, and tests performed to date have indicated that the correct titanium alloy was used," Boeing said in a statement. "To ensure compliance, we are removing any affected parts on airplanes prior to delivery. Our analysis shows the in-service fleet can continue to fly safely."

The Almighty Buck

Visa, Mastercard $30 Billion Fee Settlement in Peril (yahoo.com) 15

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.

Businesses

Wells Fargo Fires Employees for Faking Work By Simulating Keyboard Activity (yahoo.com) 115

Wells Fargo fired more than a dozen employees last month after investigating claims that they were faking work. From a report: The staffers, all in the firm's wealth- and investment-management unit, were "discharged after review of allegations involving simulation of keyboard activity creating impression of active work," according to disclosures filed with the Financial Industry Regulatory Authority. "Wells Fargo holds employees to the highest standards and does not tolerate unethical behavior," a company spokesperson said in a statement.

Devices and software to imitate employee activity, sometimes known as "mouse movers" or "mouse jigglers," took off during the pandemic-spurred work-from-home era, with people swapping tips for using them on social-media sites Reddit and TikTok. Such gadgets are available on Amazon.com for less than $20.

Businesses

Silicon Valley Salaries Are Shrinking, Leaving Workers In the Lurch (mercurynews.com) 234

An anonymous reader quotes a report from the Mercury News: Krista DeWeese has been laid off four times in the last eight years. She wakes up every morning feeling anxious. Will I lose my job today -- again? Will I have enough to pay the rent? Even though she's an educated, experienced marketing professional, worrisome thoughts trail the 47-year-old Fremont native's every waking moment. Currently a contract worker at a health science company, she has been struggling to find secure work that pays enough to keep up with the exorbitant cost of living in the Bay Area. She has a lot of company. The past year has been tough for the Bay Area, as thousands of layoffs skittered across the region. Even workers at Silicon Valley's tech titans -- including Meta, Apple and Google -- have faced job cuts. Since 2022, tech companies in the region have slashed roughly 40,000 jobs. And with each layoff, workers are entering a market that is less friendly to job seekers than it used to be.

New research from tech advocacy organization Women Impact Tech, which examined job and salary data nationwide from 2020 to 2023, affirmed what many people already know: companies are tightening their belts -- slicing jobs and salaries alike -- and many people are struggling to find work that pays enough to live comfortably in the Bay Area. Despite having the highest tech salaries in the country, Silicon Valley has experienced the biggest drop in pay compared to other tech hubs, falling 15% from 2022 to 2023, according to Women Impact Tech. And with inflation, DeWeese and others are watching their spending power shrink. More than 10 years ago, she was earning over $100,000 in total compensation. That amount has dropped 15% since she was laid off from Yahoo in 2016, and has not increased since. "I feel like my career has been frozen in time," DeWeese said. "Things have been at a standstill."

Paula Bratcher Ratliff, president of New York-based Women Impact Tech, said that the shrinking pay hits especially hard for women, given the continuing gender pay gap. "The Bay Area took one of the largest hits," Ratliff said. "Women make up about 28% of the entire workforce in tech. When you're seeing an overall decline at 15%, and for pay equity, women have not made much traction." [...] Despite the trend of shrinking salaries in the world's tech capital, Ratliff, with Women Impact Tech, doesn't believe it's necessarily a race to the bottom. "Today, about every company is a tech company, whether they're in retail, consumer goods or hospitality," Ratliff said. "There's so many opportunities in tech without having to focus on those jobs with the tech organizations alone. We're seeing great companies emerge." While it's still unclear where the light is at the end of the tunnel for DeWeese, she remains hopeful her situation will improve. "You have to have hope or else you're just going to live in fear of being let go, again and again," she said.

United States

Four More States Join US Monopoly Lawsuit Against Apple (yahoo.com) 150

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.
The Almighty Buck

When Paying in Cash Costs Extra: America's Reverse ATMs Convert Money into Debit Cards (yahoo.com) 272

At a New York Yankees baseball game, one fan discovered its concession stand doesn't accept cash. "An employee directed him to a kiosk that could convert his greenbacks into plastic," reports the Wall Street Journal, where the fan, "fed $200 into the reverse ATM, which subtracted a $3.50 fee and spat out a debit card with a balance of $196.50." Paying with cash used to be a way to get a discount. These days it can often cost an extra $1 to $6 — the sort of transaction fees once limited to swiping a credit card or using an out-of-network ATM. Reverse ATMs like those at Yankee Stadium are now common at cashless venues and restaurants across the country as a way to cater to those who prefer paying in cash. People who want to pay their parking tickets, tolls, taxes or phone bills in cash, meanwhile, often learn that government agencies and businesses have outsourced that option to companies that usually charge a fee.

All that can amount to a penalty on the people who prefer paying cash. Though it is more common to buy things with cards and mobile devices, cash remains the third-most popular way to pay, accounting for 16% of all payments in 2023, according to the Federal Reserve. That's down 2 percentage points from the year before, continuing a steady decline that accelerated during the pandemic. "It's unbelievable that we actually have to tell retailers, 'This is U.S. currency and it's something that should be accepted,' " said Jonathan Alexander, executive director of the Consumer Choice in Payment Coalition, a group of businesses and nonprofits lobbying for the continued acceptance of cash.

There aren't federal laws that require businesses to accept cash. States like Colorado and Rhode Island and cities like New York banned cashless retail establishments after many stores shifted to card-only transactions to reduce the spread of Covid-19, speed up transactions and cut back on theft. In 2023, lawmakers in the House of Representatives and the Senate introduced bills requiring that businesses accept cash for all in-person purchases under $500, unless they provide devices like a reverse ATM that don't charge fees. The bills haven't passed.

Cashless businesses can be a burden for older or lower-income shoppers who are less likely to have access to digital payments. They also pose challenges for younger people who haven't yet set up credit cards or bank accounts.

The article includes the story of an 18-year-old who earned cash by babysitting, then went to a hockey game and "was charged a 50-cent fee after putting $20 into a reverse ATM...to order chicken nuggets and a bottle of water." (Others who prefer cash "say paper money is anonymous, helps them keep spending under control and is better for tips," the article adds noting that roughly six in 10 Americans use cash for at least some of their purchases, according to Pew Research Center.)

The makers of one "reverse ATM" tell the Journal that whether or not someone gets charged a fee actually depends on what state they're in — and on the preferences of the venue that installed the ATM machine.
Crime

Apple Watch Leads to Luggage Stolen By an Airport Store Worker (cnn.com) 44

A worker at a retail store in an airport has been charged with stealing thousands of dollars in electronics and clothing, reports the Washington Post. But what's more interesting is what led to his arrest...

A woman showed up at his home looking for the missing luggage that she'd tracked with her Apple Watch. CNN reports: Paola Garcia told CNN affiliate WPLG in Miami that she usually takes her suitcase onboard, but this time, she was told she had to check it. Garcia waited at least two hours for her pink roller bag, which contained an Apple MacBook, Apple iPad, Apple Watch, jewelry, high-end woman's clothing and toiletries. It never came out on the luggage belt. In her WPLG interview, Garcia said that Spirit Airlines told her that her luggage had been sent to her house. The luggage never came.

But Garcia explored another avenue with her own electronic tracker. Garcia, not named in the affidavit, later pinged the electronic items inside the bag to try and locate them, and the ping showed them at an address in Fort Lauderdale, the affidavit said... While at the house, she took video and still pictures, where she saw "several pieces of luggage in the front of the home," none of which were her own, the affidavit said. Garcia told WPLG that she dialed 911. "The first thing I remember the police told me is: 'What are you doing here? This is so dangerous for you to be here.' "

When a detective with the Broward County Sheriff's Office searched the address within the airport's employee databases, he found that Bazile reportedly lived at the address. Bazile was listed as working at a Paradies Lagardère Travel Retail store at the airport and was working on the day of the theft, according to the affidavit.

So apparently when the airline said the luggage had been sent to her house — they were wrong. In fact when police contacted a store manager, "he provided the detective with internal CCTV footage from the day of the incident," CNN reports, "which allegedly showed Bazile entering the store's storage room with a pink shell roller bag, matching the description of the stolen bag, and rummaging through the luggage, the affidavit said.

"He then appeared to take the MacBook and other smaller items out of the luggage and put them in other bags."

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