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Adobe Actually Won't Discontinue Animate

Slashdot.org - Wed, 02/04/2026 - 08:00
Adobe is no longer planning to discontinue Adobe Animate on March 1st. From a report: In an FAQ, the company now says that Animate will now be in maintenance mode and that it has "no plans toâdiscontinue or remove access" to the app. Animate will still receive "ongoing security and bug fixes" and will still be available for "both new and existing users," but it won't get new features. Many creators expressed frustration after Adobe's original discontinuation announcement from earlier this week, and the application is still used by creators like David Firth, the person behind the animated web series Salad Fingers. Now, Adobe says that "We are committed to ensuring Animate usersâalways have access to their content regardless of the state of development of the application."

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AMD Hints the Next-Gen Xbox Console Could Launch Next Year

Slashdot.org - Wed, 02/04/2026 - 06:00
An anonymous reader shares a report: Speaking during an earnings call on Tuesday, CEO Lisa Su stated that its development of Microsoft's next-gen Xbox SoC is "progressing well to support a launch in 2027." While the comment doesn't outright confirm the next Xbox will release next year, it indicates that the Microsoft could be ready to launch soon.

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Say Hello To GoogleSQL

Slashdot.org - Wed, 02/04/2026 - 03:01
BrianFagioli writes: Google has quietly retired the ZetaSQL name and rebranded its open source SQL analysis and parsing project as GoogleSQL. This is not a technical change but a naming cleanup meant to align the open source code with the SQL dialect already used across Google products like BigQuery and Spanner. Internally, Google has long called the dialect GoogleSQL, even while the open source project lived under a different name. By unifying everything under GoogleSQL, Google says it wants to reduce confusion and make it clearer that the same SQL foundation is shared across its cloud services and open source tooling. The code, features, and team remain unchanged. Only the name is different. GoogleSQL is now the single label Google wants developers to recognize and use going forward.

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Vanguard ETF & Mutual Fund Fee Cuts (February 2026)

MyMoneyBlog.com - Wed, 02/04/2026 - 02:20

Vanguard just announced a new round of expense ratio drops spanning 53 funds (roughly 25% of them), totaling close to $250 million in fee reductions in 2026. See their press release and full list of changes. This comes almost exactly a year after their February 2025 cuts which spanned 87 funds with an estimated $350 in fee reductions that year.

Over the past two years, Vanguard has reduced fees on most of its fund lineup totaling nearly $600 million in savings for investors—Vanguard’s largest-ever two-year combined cost reduction. Vanguard’s product lineup across all asset classes and styles now has an average expense ratio of 0.06%, reinforcing the firm’s longstanding cost leadership position. These consistently low costs help investors keep more of their returns, contributing to stronger long-term performance.

Additional media coverage at the Wall Street Journal (gift article) and Morningstar.

At this point, most of their expense ratios are so low on their big funds that most individual investors won’t notice much of a difference. The largest index funds VTI, VXUS, BND are unchanged. Target Retirement funds are also unchanged. However, I do believe it is an important indicator that Vanguard is still lowering costs as their assets under management continue to grow.

As an individual investor, it’s also important to remember that costs matter and those costs directly affect performance. Jack Bogle was right in his past skepticism of ETFs in that over time, the group has grown to include a lot of complex, expensive options. While the overall, asset-weighted average expense ratio for ETFs has declined over time, the average fee of newly launched ETFs has actually increased. Be wary of all those new, fancy ETFs that make attractive promises like limited downside and extremely high dividend income. This “Boomer candy” almost always comes with a higher expense ratio, and I am willing to bet it will also end up with lower long-term returns. New tricks, same old story.

Personally, I note that the Vanguard 0–3 Month Treasury Bill ETF (VBIL) lowered its expense ratio from 0.07% to 0.06%. My current go-to is iShares 0-3 Month Treasury Bond ETF (SGOV), which is at 0.09%.

The 30-day median bid/ask spread on VBIL is now 0.01% of market price, meaning its liquidity is now basically on the same level as SGOV (also at 0.01%). I will probably start using VBIL instead of SGOV for the times when I want a short-term cash equivalent in a brokerage account. 0.03% is a small difference, but I gotta keep incentivizing those lower costs. Long live the Vanguard Effect!

Categories: Finance

OpenAI's Lead Is Contracting as AI Competition Intensifies

Slashdot.org - Wed, 02/04/2026 - 00:01
OpenAI's rivals are cutting into ChatGPT's lead. From a report: The top chatbot's market share fell from 69.1% to 45.3% between January 2025 and January 2026 among daily U.S. users of its mobile app. Gemini, in the same time period, rose from 14.7% to 25.1% and Grok rose from 1.6% to 15.2%. The data, obtained by Big Technology from mobile insights firm Apptopia, indicates the chatbot race has tightened meaningfully over the past year with Google's surge showing up in the numbers. Overall, the chatbot market increased 152% since last January, according to Apptopia, with ChatGPT exhibiting healthy download growth. On desktop and mobile web, a similar pattern appears, according to analytics firm Similarweb. Visits to ChatGPT went from 3.8 billion to 5.7 billion between January 2025 and January 2026, a 50% increase, while visits to Gemini went from 267.7 million to 2 billion, a 647% increase. ChatGPT is still far and away the leader in visits, but it has company in the race now.

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Walmart Joins $1 Trillion Club

Slashdot.org - Tue, 02/03/2026 - 21:01
Walmart's market cap surpassed $1 trillion on Tuesday, putting the largest U.S. retail chain in an exclusive club dominated by tech groups. Bloomberg adds: The Bentonville, Arkansas-based chain -- a longtime favorite of bargain-hunting consumers -- has flexed its massive scale and supplier network to keep prices low and grab market share across the income spectrum. While Walmart has maintained its appeal to households looking for value, its online offerings are drawing new, wealthier shoppers seeking convenience.

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