An anonymous reader quotes a report from Bloomberg: The Australian government plans to enact laws requiring big tech firms to protect its citizens online, the latest move by the center-left Labor administration to crack down on social media including through age limits and curbs on misinformation. Communications Minister Michelle Rowland announced the government's plan for a legislated Digital Duty of Care in Australia on Wednesday night, saying it aligned with similar laws in the UK and European Union. "It is now time for industry to show leadership, and for social media to recognize it has a social responsibility," Rowland said in a speech in Sydney announcing the measures. It would "keep users safe and help prevent online harms."

In response to the laws, Facebook and Instagram operator Meta Platforms Inc. called for the restrictions to be handled by app stores, such as those run by Google and Apple Inc., rather than the platforms themselves. The government has ignored those requests, but has yet to announce what fines companies would face or what age verification information will need to be provided. At the same time, Albanese has moved forward controversial laws to target misinformation and disinformation online, which opponents have labeled an attack on freedom of speech. Earlier this month, Albanese said the government would legislate for a ban on social media for children under 16, a policy the government says is world-leading. "Social media is doing harm to our kids and I'm calling time on it," Albanese told a news conference.

An anonymous reader quotes a report from Bloomberg: OpenAI is preparing to launch a new artificial intelligence agent codenamed "Operator" that can use a computer to take actions on a person's behalf (Warning: source may be paywalled; alternative source), such as writing code or booking travel [...]. In a staff meeting on Wednesday, OpenAI's leadership announced plans to release the tool in January as a research preview and through the company's application programming interface for developers [...]. The one nearest completion will be a general-purpose tool that executes tasks in a web browser, one of the people said.

OpenAI Chief Executive Officer Sam Altman hinted at the shift to agents in response to a question last month during an Ask Me Anything session on Reddit. "We will have better and better models," Altman wrote. "But I think the thing that will feel like the next giant breakthrough will be agents." The move to release an agentic AI tool also comes as OpenAI and its competitors have seen diminishing returns from their costly efforts to develop more advanced AI models.

Microsoft's gaming division is developing prototypes for a handheld gaming device that won't launch for "a few years," gaming chief Phil Spencer said Wednesday. In an interview with Bloomberg, Spencer said that while Microsoft is actively working on prototypes, the company will first focus on improving its Xbox app performance on existing portable devices and establishing hardware partnerships.

The gaming unit wants to be "informed by learning and what's happening now" before introducing its own device, Spencer said. "Longer term, I love us building devices," Spencer said, adding that Microsoft's team "could do some real innovative work."

OpenAI's latest large language model, known internally as Orion, has fallen short of performance targets, marking a broader slowdown in AI advancement across the industry's leading companies, according to Bloomberg, corroborating similar media stories in recent days. The model, which completed initial training in September, showed particular weakness in novel coding tasks and failed to demonstrate the same magnitude of improvement over its predecessor as GPT-4 achieved over GPT-3.5, the publication reported Wednesday.

Google's upcoming Gemini software and Anthropic's Claude 3.5 Opus are facing similar challenges. Google's project is not meeting internal benchmarks, while Anthropic has delayed its model's release, Bloomberg said. Industry insiders cited by the publication pointed to growing scarcity of high-quality training data and mounting operational costs as key obstacles. OpenAI's Orion specifically struggled due to insufficient coding data for training, the report said. OpenAI has moved Orion into post-training refinement but is unlikely to release the system before early 2024. The report adds: [...] AI companies continue to pursue a more-is-better playbook. In their quest to build products that approach the level of human intelligence, tech firms are increasing the amount of computing power, data and time they use to train new models -- and driving up costs in the process. Amodei has said companies will spend $100 million to train a bleeding-edge model this year and that amount will hit $100 billion in the coming years.

As costs rise, so do the stakes and expectations for each new model under development. Noah Giansiracusa, an associate professor of mathematics at Bentley University in Waltham, Massachusetts, said AI models will keep improving, but the rate at which that will happen is questionable. "We got very excited for a brief period of very fast progress," he said. "That just wasn't sustainable." Further reading: OpenAI and Others Seek New Path To Smarter AI as Current Methods Hit Limitations.

Apple was notified by the European Union that its geo-blocking practices are potentially in breach of consumer protection rules, adding to the iPhone maker's regulatory issues in the bloc. From a report: Apple's App Store, iTunes Store and other media services unlawfully discriminate against European customers based on their place of residence, according to a European Commission statement on Tuesday.

The notification comes as Apple is facing the first-ever fine under the Digital Markets Act, or DMA, for failing to allow app developers to steer users to cheaper deals, Bloomberg News reported last week. That penalty is set to come months after the Cupertino, California-based company was hit with a $1.9 billion fine for similar abuses under the bloc's traditional competition rules.

The geo-locating investigation was conducted together with a network of national consumer authorities and found Apple media services only allow users to use payment cards issued in the countries they registered their Apple accounts, according to the statement. The App Store also blocks users from downloading apps offered in other countries, the investigation found.

The Biden administration plans to support a controversial cybercrime treaty at the United Nations this week despite concerns that it could be misused by authoritarian regimes, Bloomberg News reported Monday, citing senior government officials. From the report: The agreement would be the first legally binding UN agreement on cybersecurity and could become a global legal framework for countries to cooperate on preventing and investigating cybercriminals. However, critics fear it could be used by authoritarian states to try to pursue dissidents overseas or collect data from political opponents. Still, the officials said there are persuasive reasons to support the treaty. For instance, it would advance the criminalization of child sexual-abuse material and nonconsensual spreading of intimate images, they said.

In addition, the wider involvement of member states would make cybercrime and electronic evidence more available to the US, one official said. If all the members sign the agreement, it would update extradition treaties and provide more opportunities to apprehend cybercriminals and have them extradited, the official added. Hundreds of submissions from advocacy groups and other parties criticized US involvement in the agreement. The US plans to strictly enforce human rights and other safeguards in the treaty, the officials said, adding that the Department of Justice would closely scrutinize requests and refuse to provide any assistance that was inconsistent with the agreement.

Renew Home says they're building a "virtual power plant" in Texas by "enabling homes to easily reduce and shift the timing of energy use." Thursday they announced a 10-year project distributing hundreds of thousands of smart thermostats to customers of Texas-based power utility NRG Energy, starting next spring. (Bloomberg calls them "AI-enabled thermostats that use Alphabet Inc.'s Google Cloud technology.") The ultimate goal? "Create a nearly 1-gigawatt, AI-powered virtual power plant" — equivalent to 1.9 million solar panels, enough to power about 200,000 homes during peak demand.

One NRG executive touted the move as "cutting-edge, AI-driven solutions that will bolster grid resilience and contribute to a more sustainable future." [Residential virtual power plants] work by aggregating numerous, small-scale distributed energy resources like HVAC systems controlled by smart thermostats and home batteries and coordinating them to balance supply and demand... NRG, in partnership with Renew Home, plans to offer Vivint and Nest smart thermostats, including professional installation, at no cost to eligible customers across NRG's retail electricity providers and plans. These advanced thermostats make subtle automatic HVAC adjustments to help customers shift their energy use to times when electricity is less constrained, less expensive, and cleaner... Over time, the parties expect to add devices like batteries and electric vehicles to the virtual power plant, expanding energy savings opportunities for customers...

Through the use of Google Cloud's data, analytics, and AI technology, NRG will be able to do things like better predict weather conditions, forecast wind and solar generation output, and create predictive pricing models, allowing for more efficient production and ultimately ensuring the home energy experience is seamless for customers.
Google Cloud will also offer "its AI and machine learning to determine the best time to cool or heat homes," reports Bloomberg, "based on a household's energy usage patterns and ambient temperatures."

It was less than a year ago that Renew Home was formed when Google spun off the load-shifting service for its "Google Nest" thermostats, which merged with load-shift management startup OhmConnect. Bloomberg describes this week's announcement as "Three of the biggest names in US home energy automation... coming together to offer some relief to the beleaguered Texas electrical grid."

But they point out that 1 gigawatt is roughly 1% of the record summer demand seen in Texas this year. Still, "The entire industry has been built to serve the peak load on the hottest day of the year," said Rasesh Patel, president of NRG's consumer unit. "This allows us to be a lot more smarter about demand in shaving the peak."

Salesforce "plans to hire more than 1,000 workers to sell its new generative AI agent product," reports Bloomberg: The hiring surge is aimed at capitalizing on "amazing momentum" for the new artificial intelligence product, Chief Executive Marc Benioff said in a message. "Agentforce became available just two weeks ago and we're already hearing incredible feedback from our customers."

The top seller of customer relations management software, Salesforce pivoted its AI strategy this year to focus on agents — tools that can complete tasks such as customer support or sales development without human supervision. It launched the product, dubbed Agentforce, last month, with initial pricing of about $2 per agent conversation.

Taiwan should pour more resources into advancing chip technology and expanding its supply chain expertise to maintain global leadership, an executive from its most valuable company said hours after Donald Trump was elected to be US president for the second time. From a report: "We should accelerate research and development to ensure our standing as an indispensable member of the global semiconductor supply chain," Taiwan Semiconductor Manufacturing Co. Senior Vice President Cliff Hou said in remarks delivered in his role as chairman of the Taiwan Semiconductor Industry Association on Thursday. "We are also working with the government to see whether we can attract foreign partners to set up design and materials centers in Taiwan."

The self-governing island, home to the world's biggest contract chipmaker, TSMC, lives with the constant threat of invasion by China, which considers it a breakaway territory. The imminent change in US leadership may alter its standing in global affairs. While President Joe Biden has repeatedly voiced unequivocal support for Taiwan, Trump said the island should pay the US for defending it, calling Xi Jinping "a very good friend of mine until Covid" in an interview with Bloomberg.

Hou, a 27-year TSMC veteran who obtained his doctorate in the US, added that Taiwan must also aim to develop more expertise in equipment and materials, areas that are dominated by foreign businesses. Meanwhile, the close relationship Taiwan and the US have forged over the past few decades will not be affected by the election's outcome, the executive told reporters separately on the sidelines of his trade group's event in Hsinchu. [...] In October, Trump told podcast host Joe Rogan that Taiwan took away US semiconductor business and jobs. "These chip companies, they stole 95% of our business. It's in Taiwan right now. They do a great job, but that's only because we have stupid politicians," Trump said as part of a lengthy interview where he also stated he protected Taiwan from China during his first stint as president.

An anonymous reader quotes a report from Fortune: Google CEO Sundar Pichai has weighed in on the debate over the relative values of political expression and workplace coexistence by ordering employees to leave their political opinions at home. A day after firing 28 workers for participating in a sit-in protest of the tech giant's cloud contract with Israel, Pichai warned staff that the office is not a place "to fight over disruptive issues or debate politics" in a company blog post.

Although Pichai didn't specifically mention the protests or the Israel-Hamas war, he concluded that the $1.92 trillion company "is a business, and not a place to act in a way that disrupts coworkers or makes them feel unsafe, to attempt to use the company as a personal platform." "We have a duty to be an objective and trusted provider of information that serves all of our users globally," Pichai continued. "When we come to work, our goal is to organize the world's information and make it universally accessible and useful. That supersedes everything else and I expect us to act with a focus that reflects that." The sit-in protest was staged against Google's involvement in Project Nimbus, a $1.2 billion cloud contract with the Israeli government. During the nearly 10-hour protest, employees wore "Googler against genocide" T-shirts and occupied the office of Google Cloud CEO Thomas Kurian.

The report notes how tech companies, "previously famed for their progressive culture where nap pods and abortion benefits were welcome," are increasingly restricting political discussions to avoid internal conflict. Pichai notes in his memo that Google has previously enjoyed "a culture of vibrant, open discussion that enables us to create amazing products and turn great ideas into action."

Apple is exploring a push into smart glasses with an internal study of products currently on the market, setting the stage for the company to follow Meta into an increasingly popular category. From a report: The initiative, code-named Atlas, got underway last week and involves gathering feedback from Apple employees on smart glasses, according to people with knowledge of the matter. Additional focus groups are planned for the near future, said the people, who asked not to be identified because the work is secret.

The studies are being led by Apple's Product Systems Quality team, part of the hardware engineering division. "Testing and developing products that all can come to love is very important to what we do at Apple," the group wrote in an email to select employees at the company's headquarters in Cupertino, California. "This is why we are looking for participants to join us in an upcoming user study with current market smart glasses."

An anonymous reader shared this report from the Los Angeles Times: Los Angeles County has filed suit against the world's largest beverage companies — Coca-Cola and Pepsi — claiming the soda and drink makers lied to the public about the effectiveness of plastic recycling and, as a result, left county residents and ecosystems choking in discarded plastic... The Los Angeles County suit alleges — in a vein similar to that of [California attorney general] Bonta's suit against Exxon Mobil — that the global beverage companies misrepresented the environmental impact of their plastic bottles, "despite knowing that plastics cannot be readily disposed of without associated environmental impacts."

"Coke and Pepsi need to stop the deception and take responsibility for the plastic pollution problems" their products are causing, said Los Angeles County Board of Supervisors Chair Lindsey P. Horvath... Currently, just 9% of the world's plastics are recycled. The rest ends up being incinerated, sent to landfills, or discarded on the landscape, where they are often flushed into rivers or out to sea. At the same time, there is growing concern about the health and environmental consequences of microplastics — the bits of degraded plastic that slough off as the product ages, or is used, or washed. The tiny particles have been detected in every ecosystem on the planet that has been surveyed, as well as nearly every living organism examined... According to the county's statement, the two companies have consistently ranked as the world's "top plastic polluters...."

The beverage maker lawsuit was filed in Los Angeles Superior Court by County Counsel Dawyn R. Harrison on behalf of the people of the state of California... "The goal of this lawsuit is to stop the unfair and illegal conduct, to address the marketing practices that deceive consumers, and to force these businesses to change their practices to reduce the plastic pollution problem in the County and in California," Harrison said in a statement. "My office is committed to protecting the public from deceptive business practices and holding these companies accountable for their role in the plastic pollution crisis."

The Washington Post reports that a former Etsy CEO remodeled their home into what's known as a passive house. It's "designed to be as energy efficient as possible, typically with top-notch insulation and a perfect seal that prevents outside air from penetrating the home; air flows in and out through filtration and exhaust systems only."

Their benefits include protection from pollution and pollen, noise insulation and a stable indoor temperature that minimizes energy needs. That translates to long-term savings on heating and cooling.

While the concept has been around for about 50 years, experts say that the United States is on the cusp of a passive house boom, driven by lowered costs, state-level energy code changes and a general greater awareness of — and desire for — more sustainable housing... Massachusetts — which alongside New York and Pennsylvania is one of the leading states in passive house adoption — has 272 passive house projects underway thanks to an incentive program, says Zack Semke [the director of the Passive House Accelerator, a group of industry professionals who aim to spread lessons in passive house building]. Consumer demand for passive houses is also increasing, says Michael Ingui, an architect in New York City and the founder of the Passive House Accelerator... The need to lower our energy footprint is so much more top-of-mind today than it was 10 years ago, Ingui says, and covid taught us about the importance of good ventilation and filtered fresh air. "People are searching for the healthiest house," he says, "and that's a passive house...."

These days, new passive houses are usually large, multifamily apartment buildings or high-end single-family homes. But that leaves out a large swath of homeowners in the middle. To widen passive house accessibility to include all types of people and their housing needs, we need better energy codes and even more policies and incentives, says In Cho, a sustainability architect, educator and a co-founder of the nonprofit Passive House for Everyone! Passive houses "can and should serve folks from all socioeconomic backgrounds," she says. Using a one-two punch of mandates for energy efficient buildings and greater awareness to the public, that increased demand for passive houses will lead to more supply, Cho says. And we're already seeing those changes in the market.

Take triple-pane windows, for example, which are higher performing and more insulating than their double-pane counterparts. Even just 10 to 20 years ago, the difference in price between the two was high enough to make triple-pane windows cost-prohibitive for a lot of people, Cho says. Over the years, as the benefits of higher performing windows became more well-known, and as cities and states changed their energy codes, more companies began producing better windows. Now they're basically at price parity, she says. If we keep pushing for greater awareness and further policy changes, it's possible that all of the components of passive house buildings could follow that trend.
"For large multifamily projects, we're already seeing price parity in some cases, Semke says...

"But as it stands, single-family passive houses are still likely to cost a margin more than non-passive houses, he says. This is because price parity is easier to achieve when working at larger scales, but also because many of the housing policies and incentives encouraging passive house buildings are geared toward these larger projects."

In 1896 the Dow Jones Industrial Average (or DJIA) was created as a kind of proxy indicator for the wider stock market. "A stock is typically added only if the company has an excellent reputation, demonstrates sustained growth and is of interest to a large number of investors," according to a source cited by Yahoo Finance. Its mix of stocks might be informally considered a sign of the times, since it's made up of 30 stocks that according to Wikipedia have been changed only 57 times over the last 128 years.

Wait — make that 58.... CNBC reports that NVIDIA is replacing Intel in the DJIA, "a shakeup to the blue-chip index that reflects the boom in AI and a major shift in the semiconductor industry." Companies including Microsoft, Meta, Google and Amazon are purchasing Nvidia's GPUs, such as the H100, in massive quantities to build clusters of computers for their AI work. Nvidia's revenue has more than doubled in each of the past five quarters, and has at least tripled in three of them. The company has sginaled that demand for its next-generation AI GPU called Blackwell is "insane...."

While Nvidia has been soaring, Intel has been slumping. Long the dominant maker of PC chips, Intel has lost market share to Advanced Micro Devices and has made very little headway in AI. Intel shares have fallen by more than half this year as the company struggles with manufacturing challenges and new competition for its central processors. Intel said in a filing this week that the board's audit and finance committee approved cost and capital reduction activities, including lowering head count by 16,500 employees and reducing its real estate footprint. The job cuts were originally announced in August."
The DJIA will now include four of six tech companies worth $1 trillion — Apple, Microsoft, NVIDIA, and Amazon (which joined in February, replacing the owners of the Walgreens pharmacy chain). The other two trillion-dollar tech companies (not included in the DJIA) are Meta and Alphabet.

Adding NVIDIA to the DJIA will ensure "more representative exposure to the semiconductors industry" within the average, the index's curators told the Washington Post.

And also leaving the DJIA is power-generation company AES (which according to CNBC had a power mix of 54% renewables, 27% natural gas, 17% coal). It will be replaced by Vistra, defined by Wikipedia as America's largest competitive power generator, "with a capacity of approximately 39GW powered by a diverse portfolio including natural gas, nuclear, solar, and battery energy storage facilities." In the 2020 Forbes Global 2000, Vistra Energy was ranked as the 756th-largest public company in the world. The company owns the Moss Landing Power Plant in California which currently (2021) contains the largest battery energy storage system in the world (400-MW/1,600-MWh). As of 2020, the company was ranked as the highest CO2 emitter in the U.S.

An enormous fine levied by a Russian court on Google caught the attention of the Kremlin -- which hopes Google will notice in turn. From a report: President Vladimir Putin's spokesman, Dmitri Peskov, commented on the sum on Thursday. It came after a court demanded payment equivalent of $20.6 decillion -- an almost incomprehensible figure that exceeds the world's GDP. The sum came from a penalty for suspending the YouTube accounts of various Russian outlets. It has been regularly doubling for years, with no limit, leading it into realms of the absurd, which Peskov seemed to acknowledge. "Although it is a specific amount, I cannot even pronounce this number, it is rather filled with symbolism," said Peskov in response to a question from NBC News.

Corporate resistance to AI tools is costing employees six hours per week in manual tasks that could be automated, according to research by recruitment firm SThree. Sixty-three percent of workers blame management's "digital illiteracy" for slow AI adoption, despite major companies rushing to tout AI initiatives since ChatGPT's launch. A 2023 tech.io study found two-thirds of business leaders barely use AI tools due to limited understanding.

An anonymous reader quotes a report from Reuters: Siemens will buy Altair Engineering for $10.6 billion, the American engineering software firm said on Wednesday, as the German company seeks to strengthen its presence in the fast-growing industrial software market. The offer price of $113 per share represents a premium of about 18.7% to Altair's closing price on Oct. 21, a day before Reuters first reported that the company was exploring a sale. The deal for Michigan-based Altair is Siemens's biggest acquisition since Siemens Healthineers bought medical device maker Varian Medical Systems for $16.4 million in 2020. [...]

The transaction is anticipated to add to Siemens' earnings per share in about two years from the deal's closing, which is expected in the second half of 2025. It will also increase Siemens' digital business revenue by about 8%, adding approximately 600 million euros ($651.36 million) to the company's digital business revenue in fiscal 2023. The transaction would have a revenue impact of about $500 million per year in the mid-term and more than $1 billion per year in the long term, Siemens said.

"Friction between bosses and their employees over the terms of their return shows no signs of abating," reports the Los Angeles Times. But there's one big loophole... About 80% of organizations have put in place return-to-office policies, but in a sign that many managers are reluctant to clamp down on the flexibility employees have become accustomed to, only 17% of those organizations actively enforce their policies, according to recent research by real estate brokerage CBRE. "Some organizations out there have 'mandated' something, but if most of your organization is not following that mandate, then there is not too much you can do to enforce it," said Julie Whelan, head of research into workplace trends for CBRE...

The tension "is due to the fact that we have changed since we all went to our separate corners and then came back" from pandemic-imposed office exile, said Elizabeth Brink, a workplace expert at architecture firm Gensler. "It's fair to say that we have different needs now." A disconnect persists between employer expectations for office attendance and employee behavior, CBRE found. Sixty percent of leaders surveyed said they want their employees in the office three or more days a week, while only 51% reported that employees work in the office at that frequency. Conversely, 37% of employees show up one or two days a week, yet only 17% of employers are satisfied with that attendance.
In the article, one worker complains about their employer's two-days-a-week of mandated in-office time. "I feel like I'm back in grade school and being forced to sit down and do my homework."

The article also notes some employers are also considering changes in the other direction: "calculating whether to shed office space to cut down on rent, typically the largest cost of operating a business after payroll."

Arm has moved to cancel Qualcomm's architectural license agreement, escalating a legal battle that threatens to upend the global smartphone and PC chip markets. The British chip designer issued Qualcomm a 60-day termination notice for the license that allows the U.S. chipmaker to design custom processors using Arm's intellectual property. The cancellation could force Qualcomm to halt sales of products that generate much of its $39 billion annual revenue, Bloomberg reports.

The dispute stems from Qualcomm's $1.4 billion acquisition of chip startup Nuvia in 2021. Arm claims Qualcomm breached contract terms by using Nuvia's designs without permission, while Qualcomm maintains its existing agreement covers the acquired technology. The companies are set for a December trial to resolve Arm's 2022 breach-of-contract lawsuit and Qualcomm's countersuit. Arm is demanding Qualcomm destroy Nuvia designs created before the acquisition.

A California oil refinery that produces 8% of the state's gasoline is shutting down late next year — a decision the Los Angeles Times says is "driven by climate change, the transition to electric vehicles and demands for cleaner air."

"There's no question we are going to lose refineries over time, because demand is going to go down as we transition to electric vehicles, but I did not expect to see any of them exiting this quickly," said Severin Borenstein, faculty director of the Energy Institute at UC Berkeley's Haas School of Business. California "over the medium term" will have to rely more on imports, he said. "I think part of the response the state's going to need to consider is how to make sure that we can import sufficient gasoline to meet our needs...."

David Hackett, chairman of Stillwater Associates, an Irvine oil consultancy, said he was contacted by Phillips just before the announcement, and was told the closure was a business decision. He said that although the timing was somewhat surprising, the closure wasn't, given the age of the refineries, their relatively small size and the inefficient layout that connects them by a pipeline. "That plant has been for sale for years. It hasn't found any buyers and I think that this has been an economic decision on their part. They looked at the profitability of the place and compared it with the other businesses that they have, and it didn't make the cut," he said.
"The closure is likely to increase California's already high prices at the gas pump, given that much of the replacement gasoline will be shipped in by ocean vessel, analysts say..." according to another article from the Los Angeles Times.

"Environmentalists and community activists cheered the news, however, saying it will mean cleaner air for the thousands who live in the area and that the state must continue the transition away from its dependence on fossil fuels."