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HSBC To Investors: If India Couldn't Build an Enterprise Software Challenger, Neither Can AI
India's IT services giants have spent decades deploying, customizing, and maintaining the world's largest enterprise software platforms, putting hundreds of thousands of engineers in daily contact with the business logic and proprietary architectures of vendors like SAP and Oracle. None of them have built a competing product that gained meaningful traction against the U.S. incumbents, HSBC said in a note to clients, using this history to argue AI-generated code faces the same structural barriers.
The bank's analysts contend that enterprise software competition turns on factors that have little to do with the ability to write code -- sales teams, cross-licensing agreements, patented IP, first-mover lock-in, brand awareness, and go-to-market infrastructure. If a massive, low-cost, domain-expert workforce couldn't crack the market over several decades, HSBC argues, the idea that AI-generated code will do so is, in the words of Nvidia's Jensen Huang that the report approvingly cites, "illogical."
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Email Blunder Exposes $90 Billion Russian Oil Smuggling Ring
schwit1 writes: An IT blunder has revealed an apparent smuggling ring that has moved at least $90bn of Russian oil and is playing a central role in funding the Kremlin's war in Ukraine. Financial Times has identified 48 seemingly independent companies working from different physical addresses that appear to be operating together to disguise the origin of Russian oil, particularly from Kremlin-controlled Rosneft. The network was discovered because they all share a single private email server. The report adds: The FT was able to identify 442 web domains whose public registrations show they all use a single private server for their email, "mx.phoenixtrading.ltd," showing that they share back-office functions. The FT was then able to identify companies by comparing the names in the domain to those of entities that appear in Russian and Indian customs records as involved in carrying Russian oil.
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Linux 7.0 Shows Significant PostgreSQL Performance Gains On AMD EPYC Review - Phoronix
Categories: Linux
US Supreme Court Rejects Trump's Global Tariffs
The U.S. Supreme Court struck down on Friday President Donald Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major implications for the global economy. From a report: The justices, in a 6-3 ruling authored by conservative Chief Justice John Roberts, upheld a lower court's decision that the Republican president's use of this 1977 law exceeded his authority.
The court ruled that the Trump administration's interpretation that the law at issue - the International Emergency Economic Powers Act, or IEEPA - grants Trump the power he claims to impose tariffs would intrude on the powers of Congress and violate a legal principle called the "major questions" doctrine. The doctrine, embraced by the conservative justices, requires actions by the government's executive branch of "vast economic and political significance" to be clearly authorized by Congress. The court used the doctrine to stymie some of Democratic former President Joe Biden's key executive actions.
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Users are ditching Windows for Linux. Here’s why - The Business Standard
Users are ditching Windows for Linux. Here’s why The Business Standard
Categories: Linux
Amazon Service Was Taken Down By AI Coding Bot
An anonymous reader shares a report: Amazon's cloud unit has suffered at least two outages due to errors involving its own AI tools [non-paywalled source], leading some employees to raise doubts about the US tech giant's push to roll out these coding assistants.
Amazon Web Services experienced a 13-hour interruption to one system used by its customers in mid-December after engineers allowed its Kiro AI coding tool to make certain changes, according to four people familiar with the matter.
The people said the agentic tool, which can take autonomous actions on behalf of users, determined that the best course of action was to "delete and recreate the environment." Amazon posted an internal postmortem about the "outage" of the AWS system, which lets customers explore the costs of its services. Multiple Amazon employees told the FT that this was the second occasion in recent months in which one of the group's AI tools had been at the centre of a service disruption.
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Trump Directs US Government To Prepare Release of Files on Aliens and UFOs
US President Donald Trump says he will direct US agencies, including the defence department, to "begin the process of identifying and releasing" government files on aliens and extraterrestrial life. From a report: Trump made the declaration in a post on Truth Social, after he accused Barack Obama earlier in the day of revealing classified information when the former president said "aliens are real" on a podcast last week. "He's not supposed to be doing that," Trump told reporters aboard Air Force One, adding: "He made a big mistake."
Asked if he also thinks aliens are real, Trump answered: "Well, I don't know if they're real or not." Former US President Obama told podcast host Brian Tyler Cohen that he thinks aliens are real in an interview released last Saturday. "They're real, but I haven't seen them, and they're not being kept in Area 51," Obama said. "There's no underground facility unless there's this enormous conspiracy and they hid it from the president of the United States."
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RetroDECK for Linux & Steam Deck to remove Nintendo Switch emulation "forever" in face of DMCA strikes - PC Guide
Categories: Linux
Linux 7.0 Brings Apple Type-C PHY, Snapdragon X2 & Rockchip HDMI 2.1 FRL Additions - Phoronix
Categories: Linux
Xubuntu 26.04 LTS (Resolute Raccoon) Wallpaper Contest Is Open for Submissions - 9to5Linux
Categories: Linux
How Private Equity Debt Left a Leading VPN Open To Chinese Hackers
An anonymous reader quotes a report from Bloomberg: In early 2024, the agency that oversees cybersecurity for much of the US government issued a rare emergency order -- disconnect your Connect Secure virtual private network software immediately. Chinese spies had hacked the code and infiltrated nearly two dozen organizations. The directive applied to all civilian federal agencies, but given the product's customer base, its impact was more widely felt. The software, which is made by Ivanti Inc., was something of an industry standard across government and much of the corporate world. Clients included the US Air Force, Army, Navy and other parts of the Defense Department, the Department of State, the Federal Aviation Administration, the Federal Reserve, the National Aeronautics and Space Administration, thousands of companies and more than 2,000 banks including Wells Fargo & Co. and Deutsche Bank AG, according to federal procurement records, internal documents, interviews and the accounts of former Ivanti employees who requested anonymity because they were not authorized to disclose customer information.
Soon after sending out their order, which instructed agencies to install an Ivanti-issued fix, staffers at the Cybersecurity and Infrastructure Security Agency discovered that the threat was also inside their own house. Two sensitive CISA databases -- one containing information about personnel at chemical facilities, another assessing the vulnerabilities of critical infrastructure operators -- had been compromised via the agency's own Connect Secure software. CISA had followed all its own guidance. Ivanti's fix had failed. This was a breaking point for some American national security officials, who had long expressed concerns about Connect Secure VPNs. CISA subsequently published a letter with the Federal Bureau of Investigation and the national cybersecurity agencies of the UK, Canada, Australia and New Zealand warning customers of the "significant risk" associated with continuing to use the software. According to Laura Galante, then the top cyber official in the Office of the Director of National Intelligence, the government came to a simple conclusion about the technology. "You should not be using it," she said. "There really is no other way to put it."
That attack, along with several others that successfully targeted the Ivanti software, illustrate how private equity's push into the cybersecurity market ended up compromising the quality and safety of some critical VPN products, Bloomberg has found. Last year, Bloomberg reported that Citrix Systems Inc., another top VPN maker, experienced several major hacks after its private equity owners, Elliott Investment Management and Vista Equity Partners, cut most of the company's 70-member product security team following their acquisition of the company in 2022. Some government officials and private-sector executives are now reconsidering their approach to evaluating cybersecurity software. In addition to excising private equity-owned VPNs from their networks, some factor private equity ownership into their risk assessments of key technologies.
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It's now easier to install MGSHDFix for Metal Gear games on Linux / Steam Deck - GamingOnLinux
Categories: Linux
USB Driver For Google Tensor SoCs, UCSI Thunderbolt Alt Mode In Linux 7.0 - Phoronix
Categories: Linux
New York Drops Plan To Legalize Robotaxis Outside NYC
New York Governor Kathy Hochul has dropped a proposal that would have allowed limited commercial robotaxi deployments outside New York City, citing a lack of support among state legislators. "The move is a blow to Waymo and other robotaxi companies who saw New York, and especially New York City, as a potential goldmine," reports The Verge. From the report: The plan, which was introduced by Hochul as part of the state's budget proposal last month, would have allowed limited robotaxi deployment in cities other than the Big Apple -- while leaving whether New York City would get autonomous vehicles up to the mayor and the City Council. But now that plan is DOA, as support in the legislature never materialized. "Based on conversations with stakeholders, including in the legislature, it was clear that the support was not there to advance this proposal," Sean Butler, a Hochul spokesperson, said in a statement. "While we are disappointed by the Governor's decision, we're committed to bringing our service to New York and will work with the State Legislature to advance this issue," Waymo spokesperson Ethan Teicher said in a statement. "The path forward requires a collaborative approach that prioritizes transparency and public safety."
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NASA Chief Classifies Starliner Flight As 'Type A' Mishap, Says Agency Made Mistakes
NASA has officially classified Boeing Starliner's 2024 crewed flight as a "Type A" mishap, acknowledging serious technical failures and leadership shortcomings that nearly left astronauts unable to safely return. Administrator Jared Isaacman released (PDF) a 311-page internal report citing flawed decision-making and cultural issues, with the next Starliner flight now planned as uncrewed pending major fixes. Ars Technica reports: As part of the announcement, NASA Administrator Jared Isaacman sent an agency-wide letter that recognized the shortcomings of both Starliner's developer, Boeing, as well as the space agency itself. Starliner flew under the auspices of NASA's Commercial Crew Program, in which the agency procures astronaut transportation services to the International Space Station. "We are taking ownership of our shortcomings," Isaacman said.
"Starliner has design and engineering deficiencies that must be corrected, but the most troubling failure revealed by this investigation is not hardware," Isaacman wrote in his letter to the NASA workforce. "It is decision-making and leadership that, if left unchecked, could create a culture incompatible with human spaceflight." Isaacman said there would be "leadership accountability" as a result of the decisions surrounding the Starliner program, but did not say which actions would be taken.
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