AI

Increased Traffic from Web-Scraping AI Bots is Hard to Monetize (yahoo.com) 57

"People are replacing Google search with artificial intelligence tools like ChatGPT," reports the Washington Post.

But that's just the first change, according to a New York-based start-up devoted to watching for content-scraping AI companies with a free analytics product and "ensuring that these intelligent agents pay for the content they consume." Their data from 266 web sites (half run by national or local news organizations) found that "traffic from retrieval bots grew 49% in the first quarter of 2025 from the fourth quarter of 2024," the Post reports. A spokesperson for OpenAI said that referral traffic to publishers from ChatGPT searches may be lower in quantity but that it reflects a stronger user intent compared with casual web browsing.

To capitalize on this shift, websites will need to reorient themselves to AI visitors rather than human ones [said TollBit CEO/co-founder Toshit Panigrahi]. But he also acknowledged that squeezing payment for content when AI companies argue that scraping online data is fair use will be an uphill climb, especially as leading players make their newest AI visitors even harder to identify....

In the past eight months, as chatbots have evolved to incorporate features like web search and "reasoning" to answer more complex queries, traffic for retrieval bots has skyrocketed. It grew 2.5 times as fast as traffic for bots that scrape data for training between the fourth quarter of 2024 and the first quarter of 2025, according to TollBit's report. Panigrahi said TollBit's data may underestimate the magnitude of this change because it doesn't reflect bots that AI companies send out on behalf of AI "agents" that can complete tasks on a user's behalf, like ordering takeout from DoorDash. The start-up's findings also add a dimension to mounting evidence that the modern internet — optimized for Google search results and social media algorithms — will have to be restructured as the popularity of AI answers grows. "To think of it as, 'Well, I'm optimizing my search for humans' is missing out on a big opportunity," he said.

Installing TollBit's analytics platform is free for news publishers, and the company has more than 2,000 clients, many of which are struggling with these seismic changes, according to data in the report. Although news publishers and other websites can implement blockers to prevent various AI bots from scraping their content, TollBit found that more than 26 million AI scrapes bypassed those blockers in March alone. Some AI companies claim bots for AI agents don't need to follow bot instructions because they are acting on behalf of a user.

The Post also got this comment from the chief operating officer for the media company Time, which successfully negotiated content licensing deals with OpenAI and Perplexity.

"The vast majority of the AI bots out there absolutely are not sourcing the content through any kind of paid mechanism... There is a very, very long way to go."
Facebook

Meta Invests $14.3 Billion in Scale AI 13

Meta has invested $14.3 billion in Scale AI while recruiting the startup's CEO to join its AI team, marking an aggressive move by the social media giant to accelerate its AI development efforts. The unusual deal gives Meta a 49% non-voting stake in Scale, valuing the company at more than $29 billion. Scale co-founder Alexandr Wang will join Meta's "superintelligence" unit, which focuses on building AI systems that perform as well as humans -- a theoretical milestone known as artificial general intelligence.

Wang will remain on Scale's board while Jason Droege takes over as interim CEO. The investment represents Meta's intensified push to compete in AI development after CEO Mark Zuckerberg grew frustrated with the lukewarm reception of the company's Llama 4 language model, which launched in April. Since then, Zuckerberg has taken a hands-on approach to recruiting AI talent, hosting job candidates at his personal homes and reorganizing Meta's offices to position the superintelligence team closer to his workspace.
The Almighty Buck

Shopify Partners With Coinbase and Stripe In Landmark Stablecoin Deal (yahoo.com) 7

Shopify is launching stablecoin payments for its merchants later this year, starting with USDC in collaboration with Coinbase and Stripe. Fortune reports: The publicly traded tech company lets merchants -- including vintage clothes sellers, cosmetics businesses, and electronics companies -- set up their own online marketplaces. By late June, Shopify will let a select group of users accept payments in USDC, a stablecoin issued by the crypto company Circle, which recently had one of the year's hottest IPOs. "In our own philosophical framework, we are extremely aligned with everything that crypto stands for," Tobias Lutke, the CEO of Shopify and a Coinbase board member, said onstage at a Coinbase conference on Thursday.

Shopify will then gradually expand access to merchants across its network in the U.S. and Europe before opening up stablecoin payments to every merchant who uses its platform. The e-commerce company worked with Coinbase to develop a payments protocol to handle chargebacks, refunds, and other intricacies of retail payments on Coinbase's blockchain, Base. It also collaborated with fintech giant Stripe, one of Shopify's payments processors, to integrate stablecoins into the e-commerce company's existing software stack. "I think other payment processors will look at what Shopify is building and be like, 'Holy crap,'" Jesse Pollak, a Coinbase executive who oversees the crypto exchange's wallet and blockchain divisions, told Fortune.

Biotech

'We Finally May Be Able to Rid the World of Mosquitoes. But Should We?' (yahoo.com) 153

It's no longer a hypothetical question, writes the Washington Post. "In recent years, scientists have devised powerful genetic tools that may be able to eradicate mosquitoes and other pests once and for all."

But along with the ability to fight malaria, dengue, West Nile virus and other serious diseases, "the development of this technology also raises a profound ethical question: When, if ever, is it okay to intentionally drive a species out of existence...?" When so many wildlife conservationists are trying to save plants and animals from disappearing, the mosquito is one of the few creatures that people argue is actually worthy of extinction. Forget about tigers or bears; it's the tiny mosquito that is the deadliest animal on Earth. The human misery caused by malaria is undeniable. Nearly 600,000 people died of the disease in 2023, according to the World Health Organization, with the majority of cases in Africa... But recently, the Hastings Center for Bioethics, a research institute in New York, and Arizona State University brought together a group of bioethicists to discuss the potential pitfalls of intentionally trying to drive a species to extinction. In a policy paper published in the journal Science last month, the group concluded that "deliberate full extinction might occasionally be acceptable, but only extremely rarely..."

It's unclear how important malaria-carrying mosquitoes are to broader ecosystems. Little research has been done to figure out whether frogs or other animals that eat the insects would be able to find their meals elsewhere. Scientists are hotly debating whether a broader "insect apocalypse" is underway in many parts of the world, which may imperil other creatures that depend on them for food and pollination... Instead, the authors said, geneticists should be able to use gene editing, vaccines and other tools to target not the mosquito itself, but the single-celled Plasmodium parasite that is responsible for malaria. That invisible microorganism — which a mosquito transfers from its saliva to a person's blood when it bites — is the real culprit.

A nonprofit research consortium called Target Malaria has genetically modified mosquitoes in their labs (which get core funding from the Gates Foundation and from Open Philanthropy, backed by Facebook co-founder Dustin Moskovitz and his wife). ), and hopes to deploy them in the wild within five years...
Nintendo

Nintendo Switch 2 Has Record-Breaking Launch, Selling Over 3 Million Units (barrons.com) 48

TweakTown writes that the Switch 2 "has reportedly beaten the record for the most-sold console within 24 hours and is on track to shatter the two-month record," selling over 3 million units and tripling the PlayStation 4's previous launch day sales.

So Nintendo's first console in 8 years becomes "one of the most successful hardware releases of all time," writes Barron's, raising hopes for the future: [2017's original Switch] ultimately sold more than 152 million units... Switch 2's big advantage is its backward compatibility, allowing it to play current-generation Switch games and giving gamers solace that their large investments in software are intact... Many older Switch games also play better on the Switch 2, taking advantage of the extra horsepower.
Bloomberg writes that its bigger screen and faster chip "live up to the hype: Despite the hype and a $150 increase over the launch price for the original, the second-generation system manages to impress with faster performance, improved graphics, more comfortable ergonomics and enough tweaks throughout to make this feel like a distinctly new machine... This time, it's capable of outputting 4K resolution and more impactful HDR video to your TV screen... It's a bigger, faster, more polished version of a wildly successful gadget.
The "buzzy launch drew long lines" at retailers like Walmart, Target, Best Buy, and Gamestop, according to the article. (See the photos from AOL.com and USA Today.) "The era of spending hours waiting in line for the latest iPhone is long gone, but the debut of a new video game console is still a rare enough event that Nintendo fans didn't think twice about driving to retailers in the middle of the night to secure a Switch 2."

The Verge also opines that "the Switch 2's eShop is much better," calling it "way faster... with much less lag browsing through sections and loading up game pages."

Or, as Barron's puts it, "Ultimately, Nintendo is winning because it has a different strategy than its competition, the Sony PlayStation and Microsoft Xbox. Instead of trying to appeal to tech snobs like me, who are obsessed with graphics resolution and hardware statistics like teraflops, Nintendo focuses on joy and fun."
Microsoft

Microsoft Cuts Hundreds of Jobs After Firing 6,000 in May (yahoo.com) 20

Microsoft cut hundreds more jobs just weeks after its largest layoff in years, underscoring the tech industry's efforts to trim costs even as it plows billions of dollars into artificial intelligence. From a report: More than 300 employees were told their positions had been eliminated on Monday, according to a Washington state notice reviewed by Bloomberg.

The cuts impacted a range of positions, including software engineers, marketers, product managers, lawyers and research scientists, a state document showed. A Microsoft spokesperson said the latest headcount reduction is in addition to the 6,000 job cuts announced last month.

Bitcoin

What's in the US Government's New Strategic Reserve of Seized Crytocurrencies? (yahoo.com) 53

In March an executive order directed America's treasury secretary to create two stockpiles of crypto assets (to accompany already-existing "strategic reserves"of gold and foreign currencies). And the Washington Post notes these new stockpiles would include "cryptocurrency seized by federal agencies in criminal or civil proceedings." But how big would America's "Strategic Bitcoin Reserve" be — and what other cryptocurrencies would the U.S. government hold in its "Digital Asset Stockpile"?

"New data on what crypto cash the U.S. government has seized may now provide some answers. It suggests the crypto reserves will together hold more than $21 billion in cryptocurrency... The stockpile will be funded with whatever crypto assets the Treasury holds other than bitcoin, leaving the stockpile's composition to be largely determined by a mixture of chance and criminal conduct. That unconventional method for selecting government financial holdings had the benefit of making the reserves cost-neutral for the taxpayer.

It also provided a way to estimate what exactly might go into the two pools before results are released from an official accounting of U.S. crypto holdings that is underway.Because government seizures are disclosed in court documents, news releases and other sources, crypto-tracking firms can use those notices to monitor which digital assets the U.S. government holds. Chainalysis, a blockchain analytics firm, reviewed cryptocurrency wallets that appear to be associated with the U.S. government for The Washington Post. The company estimated how much bitcoin it holds, and the other crypto tokens in its top 20 digital holdings as of May 13, by tracking transactions involving those wallets.

The United States' top 20 crypto holdings according to Chainalysis are worth about $20.9 billion as of 3 p.m. Eastern on May 28, with $20.4 billion in bitcoin and about $493 million in other digital assets. It has been scooped up from crimes such as stolen funds, scams and sales on dark net markets. Those estimates put the U.S. government's top crypto holdings at less than the approximately $25 billion worth of oil held in the U.S. Strategic Petroleum Reserve. Their value is nearly double the Fed's listing for U.S. gold holdings, although that figure uses outdated pricing and would be over $850 billion at current prices...

The crypto tokens headed for the U.S. Digital Asset Stockpile according to the Chainalysis list include ethereum, the world's second-largest digital asset, and a string of other crypto tokens with punier name recognition. They include derivatives of bitcoin and ethereum that mirror those cryptocurrencies' prices, several stable coins designed to be pegged in value to the U.S. dollar, and 10 tokens tied to specific companies, including the cryptocurrency exchanges FTX, which imploded in 2022 after defrauding customers, and Binance.

Two U.S. states have already passed legislation creating their own cryptocurrency reserve funds, the article points out. But ethereum co-founder Vitalik Buterin complained to the Post in March that crypto's "original spirit...is about counterbalancing power" — including government and corporate power, and getting too close to "one particular government team" could conflict with its mission of decentralization and openness. And he's not the only one concerned: Austin Campbell, a professor at New York University's business school and a principal at crypto advisory firm Zero Knowledge, sees hypocrisy in crypto enthusiasts cheering the government's strategic reserves. The bitcoin community in particular "has historically been about freedom from sovereign interference," he said.
The Courts

SEC Voluntarily Dismisses Lawsuit Against Binance (yahoo.com) 13

The SEC on Thursday voluntarily dismissed its lawsuit against Binance, the world's largest cryptocurrency exchange. It brings an end to one of the last remaining crypto enforcement actions brought by the agency. Reuters reports: The SEC had accused the defendants in 2023 of artificially inflating trading volumes, diverting customer funds, failing to restrict U.S. customers from Binance's platform, and misleading investors about its market surveillance controls. It also accused Binance of unlawfully facilitating trading of several tokens that prior SEC leadership deemed unregistered securities. Developing...
Communications

Qualcomm-Funded Study Finds Qualcomm's Modems Outperform Apple's C1 Chip in Real-World Tests (yahoo.com) 42

A Qualcomm-commissioned study found that Apple's inaugural C1 modem, debuting in the iPhone 16e, significantly underperformed compared to Qualcomm-powered Android devices in challenging network conditions. The research by Cellular Insights tested devices on T-Mobile's 5G network in New York City, where Android phones achieved download speeds up to 35% faster and upload speeds up to 91% quicker than the iPhone 16e.

The performance gap widened when networks were congested or devices operated farther from cell towers -- precisely the scenarios where next-generation modems should excel, according to the report. The iPhone 16e became "noticeably hot to touch and exhibited aggressive screen dimming within just two-minute test intervals" during testing. This study arrives as Apple attempts to reduce its dependence on Qualcomm, which has historically provided modems for the entire iPhone lineup and represents roughly 20% of Qualcomm's revenue.
AI

Google Tries Funding Short Films Showing 'Less Nightmarish' Visions of AI (yahoo.com) 74

"For decades, Hollywood directors including Stanley Kubrick, James Cameron and Alex Garland have cast AI as a villain that can turn into a killing machine," writes the Los Angeles Times. "Even Steven Spielberg's relatively hopeful A.I.: Artificial Intelligence had a pessimistic edge to its vision of the future."

But now "Google — a leading developer in AI technology — wants to move the cultural conversations away from the technology as seen in The Terminator, 2001: A Space Odyssey and Ex Machina.". So they're funding short films "that portray the technology in a less nightmarish light," produced by Range Media Partners (which represents many writers and actors) So far, two short films have been greenlit through the project: One, titled "Sweetwater," tells the story of a man who visits his childhood home and discovers a hologram of his dead celebrity mother. Michael Keaton will direct and appear in the film, which was written by his son, Sean Douglas. It is the first project they are working on together. The other, "Lucid," examines a couple who want to escape their suffocating reality and risk everything on a device that allows them to share the same dream....

Google has much riding on convincing consumers that AI can be a force for good, or at least not evil. The hot space is increasingly crowded with startups and established players such as OpenAI, Anthropic, Apple and Facebook parent company Meta. The Google-funded shorts, which are 15 to 20 minutes long, aren't commercials for AI, per se. Rather, Google is looking to fund films that explore the intersection of humanity and technology, said Mira Lane, vice president of technology and society at Google. Google is not pushing their products in the movies, and the films are not made with AI, she added... The company said it wants to fund many more movies, but it does not have a target number. Some of the shorts could eventually become full-length features, Google said....

Negative public perceptions about AI could put tech companies at a disadvantage when such cases go before juries of laypeople. That's one reason why firms are motivated to makeover AI's reputation. "There's an incredible amount of skepticism in the public world about what AI is and what AI will do in the future," said Sean Pak, an intellectual property lawyer at Quinn Emanuel, on a conference panel. "We, as an industry, have to do a better job of communicating the public benefits and explaining in simple, clear language what it is that we're doing and what it is that we're not doing."

Government

US Copyright Office to AI Companies: Fair Use Isn't 'Commercial Use of Vast Troves of Copyrighted Works' (yahoo.com) 214

Business Insider tells the story in three bullet points:

- Big Tech companies depend on content made by others to train their AI models.

- Some of those creators say using their work to train AI is copyright infringement.

- The U.S. Copyright Office just published a report that indicates it may agree.

The office released on Friday its latest in a series of reports exploring copyright laws and artificial intelligence. The report addresses whether the copyrighted content AI companies use to train their AI models qualifies under the fair use doctrine. AI companies are probably not going to like what they read...

AI execs argue they haven't violated copyright laws because the training falls under fair use. According to the U.S. Copyright Office's new report, however, it's not that simple. "Although it is not possible to prejudge the result in any particular case, precedent supports the following general observations," the office said. "Various uses of copyrighted works in AI training are likely to be transformative. The extent to which they are fair, however, will depend on what works were used, from what source, for what purpose, and with what controls on the outputs — all of which can affect the market."

The office made a distinction between AI models for research and commercial AI models. "When a model is deployed for purposes such as analysis or research — the types of uses that are critical to international competitiveness — the outputs are unlikely to substitute for expressive works used in training," the office said. "But making commercial use of vast troves of copyrighted works to produce expressive content that competes with them in existing markets, especially where this is accomplished through illegal access, goes beyond established fair use boundaries."

The report says outputs "substantially similar to copyrighted works in the dataset" are less likely to be considered transformative than when the purpose "is to deploy it for research, or in a closed system that constrains it to a non-substitutive task."

Business Insider adds that "A day after the office released the report, President Donald Trump fired its director, Shira Perlmutter, a spokesperson told Business Insider."
IT

How A Simple Question Tripped Up a North Korean Spy Interviewing for an IT Job (yahoo.com) 71

Long-time Slashdot reader smooth wombat writes: Over the past year there have been stories about North Korean spies unknowingly or knowingly being hired to work in western companies. During an interview by Kraken, a crypto exchange, the interviewers became suspicious about the candidate. Instead of cutting off the interview, Kraken decided to continue the candidate through the hiring process to gain more information. One simple question confirmed the user wasn't who they said they were and even worse, was a North Korean spy.
Would-be IT worker "Steven Smith" already had an email address on a "do-not-hire" list from law enforcement agencies, according to CBS News. And an article in Fortune magazine says Kraken asked him to speak to a recruiter and take a technical-pretest, and "I don't think he actually answered any questions that we asked him," according to its chief security officer Nick Percoco — even though the application was claiming 11 years of experience as a software engineer at U.S.-based companies: The interview was scheduled for Halloween, a classic American holiday—especially for college students in New York—that Smith seemed to know nothing about. "Watch out tonight because some people might be ringing your doorbell, kids with chain saws," Percoco said, referring to the tradition of trick or treating. "What do you do when those people show up?"

Smith shrugged and shook his head. "Nothing special," he said.

Smith was also unable to answer simple questions about Houston, the town he had supposedly been living in for two years. Despite having listed "food" as an interest on his résumé, Smith was unable to come up with a straight answer when asked about his favorite restaurant in the Houston area. He looked around for a few seconds before mumbling, "Nothing special here...."

The United Nations estimates that North Korea has generated between $250 million to $600 million per year by tricking overseas firms to hire its spies. A network of North Koreans, known as Famous Chollima, was behind 304 individual incidents last year, cybersecurity company CrowdStrike reported, predicting that the campaigns will continue to grow in 2025.

During a report CBS News actually aired footage of the job interview with the "suspected member of Kim Jong Un's cyberarmy." "Some people might call it trolling as well," one company official told the news outlet. "We call it security research." (And they raise the disturbing possibility that another IT company might very well have hired "Steven Smith"...)

CBS also spoke to CrowdStrike co-founder Dmitri Alperovitch, who says the problem increased with remote work, as is now fueling a state-run weapons program. "It's a huge problem because these people are not just North Koreans — they're North Koreans working for their munitions industry department, they're working for the Korean People's Army." (He says later the results of their work are "going directly" to North Korea's nuclear and ballistic missile programs.)

And when CBS notes that the FBI issued a wanted poster of alleged North Korean agents and arrested Americans hosting laptop farms in Arizona and Tennesse ("computer hubs inside the U.S. that conceal the cybercriminals real identities"), Alperovitch says "They cannot do this fraud without support here in America from witting or unwitting actors. So they have hired probably hundreds of people..." CBS adds that FBI officials say "the IT worker scene is expanding worldwide."
AI

Nvidia CEO: 'You Won't Lose Your Job To AI, But To Someone Who Uses It' (yahoo.com) 36

Nvidia founder and CEO Jensen Huang has served up another blunt take on the job market as AI permeates society. From a report: "You will not lose your job to AI, but will lose it to someone who uses it," Huang said at the Milken Institute Conference. Added Huang, "I recommend 100% take advantage of AI, don't be that person."
Privacy

Messaging App Used by Mike Waltz, Trump Deportation Airline GlobalX Both Hacked in Separate Breaches (reuters.com) 40

TeleMessage, a communications app used by former Trump national security adviser Mike Waltz, has suspended services after a reported hack exposed some user messages. The breach follows controversy over Waltz's use of the app to coordinate military updates, including accidentally adding a journalist to a sensitive Signal group chat. From the report: In an email, Portland, Oregon-based Smarsh, which runs the TeleMessage app, said it was "investigating a potential security incident" and was suspending all its services "out of an abundance of caution." A Reuters photograph showed Waltz using TeleMessage, an unofficial version of the popular encrypted messaging app Signal, on his phone during a cabinet meeting on Wednesday. A separate report from 404 Media says hackers have also targeted GlobalX Air -- one of the main airlines the Trump administration is using as part of its deportation efforts -- and claim to have stolen flight records and passenger manifests for all its flights, including those for deportation. From the report: The data, which the hackers contacted 404 Media and other journalists about unprompted, could provide granular insight into who exactly has been deported on GlobalX flights, when, and to where, with GlobalX being the charter company that facilitated the deportation of hundreds of Venezuelans to El Salvador. "Anonymous has decided to enforce the Judge's order since you and your sycophant staff ignore lawful orders that go against your fascist plans," a defacement message posted to GlobalX's website reads. Anonymous, well-known for its use of the Guy Fawkes mask, is an umbrella some hackers operate under when performing what they see as hacktivism.
AI

Has Meta Figured Out How to Monetize AI - By Using It For Targeted Advertising? (yahoo.com) 44

Yahoo Finance reports that Mark Zuckerberg made bold predictions for investors on Meta's earnings call this week — about advertisers. "AI has already made us better at targeting and finding the audiences that will be interested in their products than many businesses are themselves," Zuck said, "and that keeps improving..."

"If we deliver on this vision, then over the coming years, I think that the increased productivity from AI will make advertising a meaningfully larger share of global GDP than it is today..." If investors are still searching for answers to nagging questions about how massive AI investments will pay off, Zuckerberg provided the clearest reply yet: It will strengthen our core business. In fact, it is our business... On what many believe to be the cusp of an economic downturn, Meta isn't pitching its AI developments as an add-on to its operations, but as something central to its core proposition of targeted advertising...

"While Meta's investments in GenAI have spooked certain investors who continue to question the return on these investments, we saw further signs of GenAI monetization in the firm's ad business," wrote Morningstar equity analyst Malik Ahmed Khan in a note on Thursday. In a powerful showing, coming after Alphabet's own impressive results, Meta noted that a new ads recommendation model it's testing for Reels has already boosted conversion rates by 5%. And nearly one-third of advertisers were using AI creative tools in the past quarter. For Zuckerberg, the enhancements AI offers to finding the right consumers and providing measurable results strengthen the case for boosting capacity and for a revamped model of advertising's scope.

And with the company set to invest upwards of $70 billion toward its AI opportunity this year, the bet is not all about ads, of course. Zuckerberg outlined four other areas of focus for its AI efforts: business messaging, Meta AI, AI devices, and more engaging experiences. Meta's efforts can also be viewed as an ambitious play to take on its rivals across tech's legacy and emerging platforms. As John Blackledge, senior analyst at TD Cowen, said in a note on Thursday, the AI opportunities Zuckerberg outlined are about "ultimately taking on Google search, iPhone and ChatGPT all at once."

In the pre-AI world, "Businesses used to have to generate their own ad creative and define what audiences they wanted to reach," Zuckerberg told Meta's investors this week.

And by Friday's closing, Meta's stock had jumped 12.6% over its value Wednesday morning, leading Yahoo Finance to conclude that Wall Street "appears to be buying into" Zuckerberg's vision.
Robotics

Disneyland Imagineers Defend New Show Recreating Walt Disney as a Robot (yahoo.com) 27

"When Disneyland turns 70 this July, Main Street's Opera House will play host to the return of Walt Disney, who will sit down with audiences to tell his story in robot form," writes Gizmodo.

But they point out Walt's granddaughter Johanna Miller wrote a Facebook post opposing the idea in November. ("They are Dehumanizing him. People are not replaceable...") The idea of a Robotic Grampa to give the public a feeling of who the living man was just makes no sense. It would be an imposter... You could never get the casual ness of his talking interacting with the camera his excitement to show and tell people about what is new at the park.

You can not add life to one. Empty of a soul or essence of the man. Knowing that he did not want this. Having your predecessors tell you that this was out of bounds.... So so Sad and disappointed.

The Facebook post claims that the son of a Disney engineer even remembers Walt saying that he never wanted to be an animatronic himself. And "Members of the Walt Disney family are said to be divided," reports the Los Angeles Times, "with many supporting the animatronic and some others against it, say those in the know who have declined to speak on the record for fear of ruining their relationships."

So that Facebook post "raised anew ethical questions that often surround any project attempting to capture the dead via technology," their article adds, "be it holographic representations of performers or digitally re-created cinematic animations. And then some media outlets got a partial preview Wednesday, the Los Angeles Times reports: An early sculpt of what would become the animatronic was revealed, one complete with age spots on Disney's hands and weariness around his eyes — Imagineers stressed their intent is faithful accuracy — but much of the attraction remains secretive. The animatronic wasn't shown, nor did Imagineering provide any images of the figure, which it promises will be one of its most technically advanced. Instead, Imagineering sought to show the care in which it was bringing Disney back to life while also attempting to assuage any fears regarding what has become a much-debated project among the Disney community...

Longtime Imagineer Tom Fitzgerald, known for his work on beloved Disney projects such as Star Tours and the Guardians of the Galaxy coaster in Florida, said Wednesday that "A Magical Life" has been in the works for about seven years. Asked directly about ethical concerns in representing the deceased via a robotic figurine, Fitzgerald noted the importance of the Walt Disney story, not only to the company but to culture at large... "What could we do at Disneyland for our audience that would be part of our tool kit vernacular but that would bring Walt to life in a way that you could only experience at the park? We felt the technology had gotten there. We felt there was a need to tell that story in a fresh way...."

"Walt Disney — A Magical Life" will walk a fine line when it opens, attempting to inspire a new generation to look into Disney's life while also portraying him as more than just a character in the park's arsenal. "Why are we doing this now?" Fitzgerald says. "For two reasons. One is Disneyland's 70th anniversary is an ideal time we thought to create a permanent tribute to Walt Disney in the Opera House. The other: I grew up watching Walt Disney on television. I guess I'm the old man. He came into our living room every week and chatted and it was very casual and you felt like you knew the man. But a lot of people today don't know Walt Disney was an individual. They think Walt Disney is a company."

And now nearly 60 years after his death, Disney will once again grace Main Street, whether or not audiences — or even some members of his family — are ready to greet him.

Bitcoin

Trump's Stablecoin Chosen For $2 Billion Abu Dhabi Investment In Binance (yahoo.com) 81

Donald Trump's crypto company created a digital dollar called USD1, which is now being used by a big investor in Abu Dhabi to help fund a $2 billion deal with Binance, the world's largest crypto exchange. Reuters reports: Stablecoins are an increasingly lucrative cog in global crypto trading. Their issuers typically profit by earning interest from the Treasuries and other assets that underpin them. The value of USD1 in circulation reached about $2.1 billion on Wednesday, according to CoinMarketCap data, making it one of the fastest-growing stablecoins. The identity of its major holders, however, remains unclear. An anonymous cryptocurrency wallet that holds $2 billion worth of USD1 received the funds between April 16 and 29, according to data from crypto research firm Arkham. Reuters could not ascertain the owner of this wallet.

Binance founder and former CEO Changpeng Zhao, who was incarcerated in the United States last year after pleading guilty to violating U.S. laws against money laundering, met Zach Witkoff and two other World Liberty co-founders in Abu Dhabi, according to a photo posted on social media site X on Sunday. "It was great to see our friends," in Abu Dhabi, posted Zhao in response to the photo, tagging Witkoff. Zhao, who in 2023 stepped down from his role at Binance as part of a $4.3 billion settlement with the U.S. over the illicit finance charges, remains a major shareholder of Binance.

Separately, Zach Witkoff announced that USD1 would be integrated into Tron, the blockchain of Hong Kong-based crypto entrepreneur Justin Sun. Sun is the biggest known investor in World Liberty and an adviser to the venture, according to his social media posts, having poured at least $75 million into the project. Sun was fighting a U.S. securities fraud lawsuit at the time of his first investment in World Liberty. The U.S. Securities and Exchange Commission in February paused its case against him, citing public interest.

AI

Amazon CEO Jassy Warns of AI's Unprecedented Adoption Speed, Education Shortfalls (yahoo.com) 44

Amazon CEO Andy Jassy has this week sounded the alarm on AI adoption speeds. Though self-described as an AI optimist, Jassy cautioned that this technological shift "may be quicker than other technology transitions in the past."

Jassy pointed directly to declining education quality as "one of the biggest problems" facing AI implementation, not the technology itself. He questioned whether schools are adequately preparing students for future tool use, including coding applications.
Businesses

Apple Must Halt Non-App Store Sales Commissions, Judge Says (yahoo.com) 75

Apple violated a court order requiring it to open up the App Store to third-party payment options and must stop charging commissions on purchases outside its software marketplace, a federal judge said in a blistering ruling that referred the company to prosecutors for a possible criminal probe. From a report: U.S. District Judge Yvonne Gonzalez Rogers sided Wednesday with "Fortnite" maker Epic Games over its allegation that the iPhone maker failed to comply with an order she issued in 2021 after finding the company engaged in anticompetitive conduct in violation of California law.

Gonzalez Rogers also referred the case to federal prosecutors to investigate whether Apple committed criminal contempt of court for flouting her 2021 ruling. The U.S. attorney's office in San Francisco declined to comment. The changes the company must now make could put a sizable dent in the double-digit billions of dollars in revenue the App Store generates each year.
The judge's order [PDF]: Apple willfully chose not to comply with this Court's Injunction. It did so with the express intent to create new anticompetitive barriers which would, by design and in effect, maintain a valued revenue stream; a revenue stream previously found to be anticompetitive. That it thought this Court would tolerate such insubordination was a gross miscalculation. As always, the cover-up made it worse. For this Court, there is no second bite at the apple.

It Is So Ordered.

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