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Intrusions with Cisco SNMP bug facilitate Linux rootkit deployment  SC Media

Maj. Gen. William Taylor told reporters at the Association of the US Army Conference in Washington this week that he and the Eighth Army he commands out of South Korea are regularly using AI for decision-making. Taylor said he has been asking AI chatbots to help build models for personal decisions that affect his organization and overall readiness. The general referred to his chatbot companion as "Chat" and said the technology has been useful for predictive analysis in logistical planning and operational purposes.

Read more of this story at Slashdot.

The Wikimedia Foundation, the nonprofit organization that hosts Wikipedia, says that it's seeing a significant decline in human traffic to the online encyclopedia because more people are getting the information that's on Wikipedia via generative AI chatbots that were trained on its articles and search engines that summarize them without actually clicking through to the site. 404 Media: The Wikimedia Foundation said that this poses a risk to the long term sustainability of Wikipedia. "We welcome new ways for people to gain knowledge. However, AI chatbots, search engines, and social platforms that use Wikipedia content must encourage more visitors to Wikipedia, so that the free knowledge that so many people and platforms depend on can continue to flow Sustainably," the Foundation's Senior Director of Product Marshall Miller said in a blog post. "With fewer visits to Wikipedia, fewer volunteers may grow and enrich the content, and fewer individual donors may support this work."

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Ubuntu 25.10 Performance On System76 Thelio Astra / Ampere Altra  Phoronix

Google & PwC's AI Works for Governments report outlines steps for public sector AI adoption in emerging economies.Google & PwC's AI Works for Governments report outlines steps for public sector AI adoption in emerging economies.

joshuark writes: Not all jobs are created equal, according to the new American Job Quality Study. The nationally representative survey of roughly 18,000 Americans finds that just 40% of U.S. workers hold "quality jobs," "Quality jobs" are defined as roles with fair compensation, safe environments, growth opportunities, agency and manageable schedules. Quality jobs are linked to higher satisfaction and wellbeing, yet most U.S. workers face gaps in pay, advancement, scheduling and fairness. As former obsolete technology COM guru Don Box stated: COM sucks but pays my bucks. Now it sucks and no bucks.

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AES-GCM Crypto Performance Up To ~74% Faster For AMD Zen 3 With Linux 6.19  Phoronix

An anonymous reader quotes a report from Heise: The European Commission has revised the Ecodesign requirements for external power supplies (EPS). The new rules aim to increase consumer convenience, resource efficiency, and energy efficiency. Manufacturers have three years to prepare for the changes. The new regulations apply to external power supplies that charge or power devices such as laptops, smartphones, Wi-Fi routers, and computer monitors. Starting in 2028, these products must meet higher energy efficiency standards and become more interoperable. Specifically, USB chargers on the EU market must have at least one USB Type-C port and function with detachable cables. With the regulation, the EU is also establishing minimum requirements for the efficiency of power supplies with an output power of up to 240 watts that charge via USB Power Delivery (USB-PD), among other things, under other things, minimum requirements. Power supplies with an output power exceeding 10 watts will also have to meet minimum energy efficiency values in partial load operation (10 percent of rated power) in the future, which is intended to reduce unnecessary energy losses. The EU Commission says the new requirements are expected to save around 3% of energy consumption over the lifecycle of external chargers by 2035. Additionally, greenhouse gas emissions are expected to decrease by 9% and pollutant emissions by about 13%. "The EU also calculates that consumer spending could decrease by around 100 million euros per year by 2035," reports Heise.

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A collection of Google's latest security features and updates for Cybersecurity Awareness Month 2025.

A collection of Google's latest security features and updates for Cybersecurity Awareness Month 2025.

The popular physics sandbox game Brick Rigs has added Native Linux support  GamingOnLinux

3 Obscure but Cool Linux Apps to Install This Weekend (October 17 - 19)  How-To Geek

Together AI founder suggests an AI consortium to preserve competition  The Business Journals

LinkPro Rootkit Attacking GNU/Linux Systems Using eBPF Module to Hide Malicious Activities  Cyber Security News

LinkPro Rootkit Attacking GNU/Linux Systems Using eBPF Module to Hide Malicious Activities  Cyber Security News

New Linux Kernel Patches From Intel Delivering +18% Database Performance  Phoronix

Physicists using SLAC's X-ray free-electron laser discovered two new laser phenomena that allowed them to generate the shortest, highest-energy X-ray pulses ever recorded (60-100 attoseconds). These breakthroughs could let scientists observe electron motion and chemical bond formation in real time. Physicists Uwe Bergmann and Thomas Linker write in an article for The Conversation: In this new study we used X-rays, which have 100 million times shorter wavelengths than microwaves and 100 million times more energy. This meant the resulting new X-ray laser pulses were split into different X-ray wavelengths corresponding to Rabi frequencies in the extreme ultraviolet region. Ultraviolet light has a frequency 100 million times higher than radio waves. This Rabi cycling effect allowed us to generate the shortest high-energy X-ray pulses to date, clocking in at 60-100 attoseconds. While the pulses that X-ray free-electron lasers currently generate allow researchers to observe atomic bonds forming, rearranging and breaking, they are not fast enough to look inside the electron cloud that generates such bonds. Using these new attosecond X-ray laser pulses could allow scientists to study the fastest processes in materials at the atomic-length scale and to discern different elements. In the future, we also hope to use much shorter X-ray free-electron laser pulses to better generate these attosecond X-ray pulses. We are even hoping to generate pulses below 60 attoseconds by using heavier materials with shorter lifespans, such as tungsten or hafnium. These new X-ray pulses are fast enough to eventually enable scientists to answer questions such as how exactly an electron cloud moves around and what a chemical bond actually is. The findings have been published in the journal Nature.

Read more of this story at Slashdot.

Linux Graphics Driver Fixes Readied For Linux 6.18-rc2  Phoronix

Looks like Farlight 84 is now broken on Linux with their latest anti-cheat video calling it out  GamingOnLinux

Looks like Farlight 84 is now broken on Linux with their latest anti-cheat video calling it out  GamingOnLinux

From time to time, I participate in certain stock exchange offers which include a special provision for smaller investors, called “odd lot tenders”. You can find more background information on these short-term “arbitrage” plays in the last two offers that I joined: Cummins/Atmus Filtration and Johnson & Johnson/Kenvue.

Recently, Lennar (primarily a homebuilder) announced such an exchange offer as they try to complete their spinoff of Millrose Properties (an REIT, primarily a land bank). This time, Rich Howe of StockSpinoffInvesting.com – who has a lot more experience with these deals than me – has generously agreed to share his summary and analysis of the deal. Please enjoy the following guest post:

—

Buy Lennar – Exchange Offer – Special Situation

October 15, 2025
LEN: $122.21
Market Cap: $30BN
Recommendation: Buy 99 shares of LEN, Exchange for shares of MRP
Expected Profit: $772 / 6.4%

Summary

Lennar (LEN) announced an exchange offer on October 10, 2025 whereby investors can exchange their LEN shares for shares of Millrose Properties (MRP), Lennar’s land bank spin-off. To incentivize the exchange, LEN investors will receive $106.43 of value in MRP shares for every $100 of value in LEN shares. I expect the exchange offer to be oversubscribed. However, there is an odd lot provision such that any LEN shareholders with 99 shares or less (odd lot provision) will not be prorated. Thus, there is an opportunity to buy 99 shares of LEN and exchange them for shares of MRP. This should result in a profit of ~6.4% / ~$757 (at current prices) in less than a month. The profit is not guaranteed (of course!) but is low risk, in my opinion. To participate in this exchange offer, you must contact your broker (you may be able to participate in the exchange offer online). It will not happen automatically.

Deadline: The exchange offer will expire on November 7, 2025. So this is time sensitive. Brokers typically require investors to give them notice about the exchange well before the official deadline. Schwab’s deadline will likely be November 5, 2025, but it would be prudent to buy on November 3, 2025 at the latest as it takes two days for shares to settle. I’m planning to buy 99 shares of LEN shares on or before November 3rd and then immediately call Schwab and ask to participate in the exchange offer. Other brokers (Fidelity, Interactive Brokers, etc.) have their own internal deadlines which are typically after the Schwab deadline.

Additional Details

Lennar (LEN) spun-off ~80% of Millrose Properties (MRP), its land bank, in February 2025.

It retained ~20% of the business.

On October 10, 2025, Lennar formally announced that it would spin off its remaining ~20% stake in Millrose Properties via an exchange offer.

I’ve highlighted key terms but you can visit the transaction’s live website with additional details.

For every $100 shares of LEN that you own, you will receive $106.38 of MRP shares.

Since this exchange represents an attractive return in a short period of time, I expect the offering to be oversubscribed (similar to previous exchange offers that I’ve covered).

However, there is an odd lot provision such that if you own fewer than 100 shares, you will not prorated.

Here is the exchange offer filing and a website which tracks the exchange offer indicative exchange ratio.

This offering is very similar to the many other split off/exchange offers that we’ve participated in.

Examples:

• CMI/ATMU Exchange – Unhedged trade worked well.
• JNJ/KVUE Exchange – Unhedged trade worked well (Iag shouldn’t have held onto KVUE shares).
• LLY/ELAN Exchange – Unhedged trade worked well.
• DHR/NVST Exchange – Unhedged trade worked well.
• ECL/CHX Exchange – Unhedged trade worked well.
• DD/IFF Exchange – Unhedged trade worked well.
• MMM/NEOG Exchange – Unhedged trade did not work.

How to Execute the Trade

LEN is currently trading at $122.21 per share.
MRP is currently trading at $31.96.
Here’s how the math works at current price levels.

Step 1
Buy 99 shares of LEN for $122.21 per share. Total cost of $12,099.

Step 2
Per the exchange offer, shareholders who elect to exchange their LEN shares will receive MRP shares at a 6% discount or at a price of $30.04 ($31.96 x (1-6%)). The MRP price hasn’t been finalized yet. But I’m using the current price plus the discount as I think that’s the best way to approximate what the actual price will be. The actual price will be determined by a formula laid out here.

$12,099 / $30.04 = 402.72 shares of MRP

402.72 shares of LEN / 99 shares of MRP = 4.07. 4.07 is lower than the max exchange ratio of 4.1367. If the ratio were higher than 4.1367, the number of MRP shares would be maxed out at 409 (4.1367 * 99).

Step 3
Sell MRP shares that are received once the exchange goes through. It usually takes Schwab about a week to process the exchange offer. I expect to receive my MRP shares by November 14, 2025 or shortly thereafter.

At current prices, the trade is expected to generate a profit of $772.

In terms of timing, the exchange offer expires on November 7, 2025 (unless LEN changes it), and so I recommend that you buy LEN shares no later than November 3rd to ensure you make the deadline (it takes two trading days for your purchase to settle and brokers internal deadlines are usually 2 days prior to the official company deadline). After you purchase shares, call your broker and ask them to tender your shares. This is important. Your participation in the exchange isn’t automatic.

I created a spreadsheet to track the profitability of this trade. Here is a screenshot of it:

You can access the spreadsheet here: LEN / MRP Exchange Offer Spreadsheet
(to edit, make a copy of the spreadsheet and plug in your own assumptions)

Thoughts on Millrose Properties?

Millrose was created when Lennar contributed ~$5.5 billion in undeveloped, partially developed, and some fully developed land assets, along with up to $1 billion in cash, to Millrose. Millrose operates as an independent entity, acquiring and developing land to deliver finished homesites under land option contracts. At the time of the spin-off, it only served Lennar but it plans to engage with other homebuilders as well.
Lennar pays Millrose option fees for the right to buy land on Millrose’s balance sheet.

This strategic move is part of Lennar’s ongoing shift toward an asset-light operating model, aiming to reduce financial risk and enhance returns by minimizing direct land ownership.

I’m happy to own Millrose Properties at a 6% discount, but don’t want to own the stock for the long term as I believe its ability to grow and generate upside is limited given Lennar’s right to purchase its land.

What are the risks?

LEN Sells Off
If you buy LEN, and it sells off prior to the exchange, you could lose money. I’m not particularly worried about this risk, as investors will likely continue to bid LEN shares up to take advantage of the share exchange.

A major sell off could happen if some random negative news hits LEN (for instance negative news in a lawsuit). This is unlikely but did happen during the MMM/NEOG exchange offer. JNJ also had a negative court ruling during its exchange offer, but the exchange was still profitable.

If LEN does sell off, it would have to sell off by ~6.4% for you to lose money. To minimize risk, you could also short out the MRP exposure.

I looked back at the performance of the parent during similar transactions and found that it usually performs well (average: +2.2%; median: +3.8%)

The Exchange Is Canceled or the Odd Lot Provision is Removed
Lennar wants to distribute its ~20% stake in Millrose Properties and this is an efficient way to do so. I don’t expect it to be canceled, but it’s possible.
The odd lot provision could be removed, however, this has never happened for split off transactions (that I’m aware of). Nonetheless, it could happen!

Millrose Properties (MRP) Stock is Weak After the Share Exchange Closes
If the share exchange closes and investors who’ve exchanged their LEN shares for MRP shares make 6.4%, but then MRP shares immediately depreciate by more than 6.4%, this trade will lose money. In other words, this trade can lose money even though the initial math looks favorable.

While this risk is valid, I’m comfortable participating in this trade and believe it represents an attractive risk/reward.

Disclosure
Rich Howe, owner of Stock Spin-off Investing (“SSOI”), doesn’t own LEN shares but plans to buy them. All expressions of opinion are subject to change without notice. This article is provided for informational purposes. We do not warrant the completeness or accuracy of this content. Please do your own due diligence and consult with an investment adviser before buying or selling any stock mentioned on www.stockspinoffinvesting.com.