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Krafton Launches Voluntary Resignation Program Weeks After Declaring 'AI-First Company' Future
An anonymous reader shares a report: In October, PUBG and Subnautica 2 publisher Krafton announced that it would be undergoing a "complete reorganization" to become an "AI-first" company, planning to invest over 130 billion won ($88 million) in agentic AI infrastructure and deployment beginning in 2026. This week, as it boasts record-breaking quarterly profits, the Korean publisher has followed that strategic shift by launching a voluntary resignation program for its domestic employees, according to Business Korea reporting.
The program, announced internally, offers substantial buyouts for domestic Krafton employees based on their length of employment at the publisher. Severance packages range from 6 months' salary for employees with one year or less of service to 36 months' salary for employees who've worked at Krafton for over 11 years. The voluntary resignation program follows a November 4 earnings call in which Krafton announced a record quarterly profit of $717 million. During the call, Krafton CFO Bae Dong-geun indicated that Krafton had also halted hiring for new positions, telling investors that "excluding organizations developing original intellectual property and AI-related personnel, we have frozen hiring company-wide."
Read more of this story at Slashdot.
All Lupus Cases May Be Linked To a Common Virus, Study Finds
One of the most common viruses in the world could be the cause of lupus, an autoimmune disease with wide-ranging symptoms, according to a new study. From a report: Until now, lupus was somewhat mysterious: No single root cause of the disease had been found, and while there is no cure, there are medications that can treat it.
The research, published in the journal Science Translational Medicine, suggests that Epstein-Barr virus -- which 95% of people acquire at some point in life -- could cause lupus by driving the body to attack its own healthy cells.
It adds to mounting evidence that Epstein-Barr is associated with multiple long-term health issues, including other autoimmune conditions. As this evidence stacks up, scientists have accelerated calls for a vaccine that targets the virus.
"If we now better understand how this fastidious virus is responsible for autoimmune diseases, I think it's time to figure out how to prevent it," said Dr. Anca Askanase, clinical director of the Lupus Center at Columbia University, who wasn't involved in the new research.
Read more of this story at Slashdot.
Steam Machine, controller, VR headset incoming from Valve - theregister.com
Steam Machine, controller, VR headset incoming from Valve theregister.com
Categories: Linux
The Economic Impact of Brexit
Abstract of a working paper [PDF] published by NBER: This paper examines the impact of the UK's decision to leave the European Union (Brexit) in 2016. Using almost a decade of data since the referendum, we combine simulations based on macro data with estimates derived from micro data collected through our Decision Maker Panel survey. These estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%, with the impact accumulating gradually over time.
We estimate that investment was reduced by between 12% and 18%, employment by 3% to 4% and productivity by 3% to 4%. These large negative impacts reflect a combination of elevated uncertainty, reduced demand, diverted management time, and increased misallocation of resources from a protracted Brexit process. Comparing these with contemporary forecasts -- providing a rare macro example to complement the burgeoning micro-literature of social science predictions -- shows that these forecasts were accurate over a 5-year horizon, but they underestimated the impact over a decade.
Read more of this story at Slashdot.
Singapore To Trial Tokenized Bills, Bring In Stablecoin Laws
An anonymous reader quotes a report from Reuters: Singapore's central bank will hold trials to issue tokenized MAS bills next year and bring in laws to regulate stablecoins as it presses forward with plans to build a scalable and secure tokenised financial ecosystem, the bank's top official said on Thursday. "Tokenization has lifted off the ground. But have asset-backed tokens achieved escape velocity? Not yet," said Chia Der Jiun, Managing Director of the Monetary Authority of Singapore (MAS), a keynote address at the Singapore FinTech Festival.
He said MAS has been working on the details of its stablecoin regulatory regime and will prepare draft legislation, with the emphasis on "sound reserve backing and redemption reliability."
MAS is also supporting trials under the BLOOM initiative, which explores the use of tokenized bank liabilities and regulated stablecoins for settlement, he added. "In the CBDC space, I am pleased to announce that the three Singapore banks, DBS, OCBC, and UOB, have successfully conducted interbank overnight lending transactions using the first live trial issuance of Singapore dollar wholesale CBDC," he said. MAS will expand trials to include tokenized MAS bills settled with CBDC, he added.
Read more of this story at Slashdot.
Valve says Steam Machine success will help to push devs to properly support anti-cheat on Linux - FRVR
Valve says Steam Machine success will help to push devs to properly support anti-cheat on Linux FRVR
Categories: Linux
Valve says Steam Machine success will help to push devs to properly support anti-cheat on Linux - FRVR
Valve says Steam Machine success will help to push devs to properly support anti-cheat on Linux FRVR
Categories: Linux
Mainline Linux Patches For The VisionFive 2 Lite: RISC-V For As Little As $19.9 USD - Phoronix
Categories: Linux
Gen AI is bringing New Yorkers' imagination to lifeGen AI is bringing New Yorkers' imagination to lifeCreative Lead
‘Imagine If…’ lets New Yorkers submit artistic visions of New York City and see them brought to life my local artists.‘Imagine If…’ lets New Yorkers submit artistic visions of New York City and see them brought to life my local artists.
Categories: Technology
Kraken Ransomware Targets Windows, Linux, and VMware ESXi in Enterprise Environments - GBHackers News
Categories: Linux
Kraken Ransomware Expands Attacks to Windows, Linux, and VMware ESXi Systems - Cyber Press
Categories: Linux
Hyundai Data Breach May Have Leaked Drivers' Personal Information
According to Car and Driver, Hyundai has suffered a data breach that leaked the personal data of up to 2.7 million customers. The leak reportedly took place in February from Hyundai AutoEver, the company's IT affiliate. It includes customer names, driver's license numbers, and social security numbers. Longtime Slashdot reader sinij writes: Thanks to tracking modules plaguing most modern cars, that data likely includes the times and locations of customers' vehicles. These repeated breaches make it clear that, unlike smartphone manufacturers that are inherently tech companies, car manufacturers collecting your data are going to keep getting breached and leaking it.
Read more of this story at Slashdot.
Critical Imunify360 AV Vulnerability Exposes 56 Million+ Linux-hosted Websites to RCE Attacks - CyberSecurityNews
Critical Imunify360 AV Vulnerability Exposes 56 Million+ Linux-hosted Websites to RCE Attacks CyberSecurityNews
Categories: Linux
Critical Imunify360 AV Vulnerability Exposes 56 Million+ Linux-hosted Websites to RCE Attacks - CyberSecurityNews
Critical Imunify360 AV Vulnerability Exposes 56 Million+ Linux-hosted Websites to RCE Attacks CyberSecurityNews
Categories: Linux
Imunify360 AV Critical Flaw Exposes 56M Linux Websites to Remote Code Execution - Cyber Press
Categories: Linux
Critical Imunify360 Vulnerability Exposes Millions of Linux-Hosted Sites to RCE Attacks - GBHackers News
Critical Imunify360 Vulnerability Exposes Millions of Linux-Hosted Sites to RCE Attacks GBHackers News
Categories: Linux