EU

EU Weighs Proposal To Charge Data-Heavy Streamers for Telecom Upgrades (bloomberg.com) 62

The European Union is weighing a proposal to make technology companies that use the most bandwidth, like Netflix and Alphabet, to help pay for the next generation of internet infrastructure, according to a draft document seen by Bloomberg. From the report: The suggestions are part of a "fair-share" vision from the EU's executive arm that could require large tech businesses, which provide streaming videos and other data-heavy services, to help pay for the traffic they generate.

The draft document, which is part of a consultation with the industry, suggested firms might contribute to a fund to offset the cost of building 5G mobile networks and fiber infrastructure, as well as the creation of a mandatory system of direct payments from tech giants to telecom operators. The commission also asked companies whether there should be a threshold that would qualify a company to be a "large traffic generator," the document showed. That could be similar to the European governing body's rules designating some tech companies "gatekeepers" and "very large online platforms" in its recent competition and online content rules.

Moon

What Time Is It On the Moon? (nature.com) 193

Satellite navigation systems for lunar settlements will require local atomic clocks. Scientists are working out what time they will keep. From a report: It's not obvious what form a universal lunar time would take. Clocks on Earth and the Moon naturally tick at different speeds, because of the differing gravitational fields of the two bodies. Official lunar time could be based on a clock system designed to synchronize with UTC, or it could be independent of Earth time. Representatives of space agencies and academic organizations worldwide met in November 2022 to start drafting recommendations on how to define lunar time at the European Space Research and Technology Centre of the European Space Agency (ESA) in Noordwijk, the Netherlands.

Decisions must be made soon, says Patrizia Tavella, who leads the time department at the International Bureau of Weights and Measures in Sevres, France. If an official lunar time is not established, space agencies and private companies will come up with their own solutions, she says. "This is why we want to raise an alert now, saying let's work together to take a common decision." The most pressing need for lunar time comes from plans to create a dedicated global satellite navigation system (GNSS) for the Moon, similar to how GPS and other satellite navigation networks enable precise location tracking on Earth.

Space agencies plan to install this lunar GNSS from around 2030. ESA approved a lunar satellite navigation project called Moonlight at its ministerial council meeting on 22 and 23 November 2022 in Paris, and NASA established a similar project, called Lunar Communications Relay and Navigation Systems, last January. Until now, Moon missions have pinpointed their locations using radio signals sent to large antennas on Earth at scheduled times. But with dozens of missions planned, "there's just not enough resources to cover everybody," says Joel Parker, an engineer who works on lunar navigation at the Goddard Center.

Businesses

Cash-strapped EV Startup Arrival is Laying Off Half Its Workforce (theverge.com) 21

Arrival, an electric vehicle startup based in the UK, said it was laying off 50 percent of its employees in a bid to reduce costs. The company also named a new CEO, Igor Torgov, who previously served as executive vice president of digital at the company. From a report: Arrival, which announced last year that it was winding down its UK operations in favor of refocusing its business in the US, became a publicly traded company in March 2021 after merging with a special purpose acquisition company, or SPAC. Founded in 2015, Arrival was developing electric delivery vans for UPS as a customer, as well as ridehailing cars for Uber and public buses. It also has backing from Hyundai and Kia. Arrival's layoffs will bring the company down to a workforce of 800 employees. The company claims that it expects to halve its ongoing cost of operating the business to approximately $30 million per quarter when accounting for reductions in real estate and other third-party costs. Arrival says it currently has $205 million in cash on hand.
Google

DOJ Suit To Break Up Google Was Years in the Making for Antitrust Chief (wsj.com) 43

An anonymous reader shares a report: Jonathan Kanter has been one of Google's main legal foes for nearly 15 years. Last week, as the nation's top antitrust cop, he delivered a threat to break up the internet company. Mr. Kanter, the Justice Department's assistant attorney general for antitrust, filed a lawsuit alleging that Google is an illegal monopolist in the market for brokering ads on the internet. Some of the complaints trace back to early 2000s, when Mr. Kanter started questioning Google's role in the digital economy on behalf of his then-legal clients, including Microsoft.

The 140-page lawsuit, which Google, a unit of Alphabet, has said includes untrue allegations and misstatements about its business, embraces charges the government once wrote off as far-fetched. In 2008, the Federal Trade Commission, which also polices threats to competition, said Google wouldn't be able to smother rivals in the digital-advertising world and declined to block its purchase of DoubleClick, an ad broker that the Justice Department now says Google should be forced to sell. The DOJ's lawsuit alleges that threats the FTC dismissed actually came to pass. The company built a moat around its business matching web publishers' supply of ad space with advertisers' demand, according to the DOJ's lawsuit. When new companies tried to compete or customers sought better deals, Google responded by blocking rivals from its platform or buying them outright and forcing them to work only with its products, the lawsuit alleges.

Mr. Kanter, 49 years old, is one of the leaders of a movement that sees big technology companies including Google, Amazon.com, Facebook parent Meta Platforms and Apple as monopolists in the tradition of the 19th-century railroad and oil companies that inspired the original antitrust laws. "Today there is nobody in the world who knows more about that business and the antitrust issues surrounding it than Jonathan," said Charles "Rick" Rule, who worked with Mr. Kanter in private practice. "He has been confronting Google for 15 years." Mr. Kanter has spent most of his legal career in private practice, sometimes defending corporate clients from government investigations, but also representing companies in pressing law enforcers to go after rivals that have grown dominant. He began looking into Google during the 2000s decade on behalf of Microsoft, which the DOJ in 1998 alleged was an illegal monopolist in the personal-computer market in a lawsuit settled in 2001.

China

Chinese Search Giant Baidu To Launch ChatGPT-Style Bot (bloomberg.com) 24

Baidu is planning to roll out an artificial intelligence chatbot service similar to OpenAI's ChatGPT potentially China's most prominent entry in a race touched off by the tech phenomenon. From a report: China's largest search engine company plans to debut a ChatGPT-style application in March, initially embedding it into its main search services, said the person, asking to remain unidentified discussing private information. The tool, whose name hasn't been decided, will allow users to get conversation-style search results much like OpenAI's popular platform.

Baidu has spent billions of dollars researching AI in a years-long effort to transition from online marketing to deeper technology. Its Ernie system -- a large-scale machine-learning model that's been trained on data over several years -- will be the foundation of its upcoming ChatGPT-like tool, the person said. ChatGPT, OpenAI's artificial intelligence tool, has lit up the internet since its public debut in November, amassing more than a million users within days and touching off a debate about the role of AI in schools, offices and homes. Companies including Microsoft are investing billions to try and develop real-world applications, while others are capitalizing on the hype to raise funds. Buzzfeed's shares more than doubled this month after it announced plans to incorporate ChatGPT in its content.

Google

Do 'Layoffs By Email' Show What Employers Really Think of Their Workers? (nytimes.com) 208

When Google laid off 6% of its workforce — some of whom had worked for the company for decades — employees "got the news in their inbox," writes Gawker's founding editor in a scathing opinion piece in the New York Times: That sting is becoming an all-too-common sensation. In the last few years, tens of thousands of people have been laid off by email at tech and digital media companies including Twitter, Amazon, Meta and Vox. The backlash from affected employees has been swift.... It's not just tech and media. Companies in a range of industries claim this is the only efficient way to do a lot of layoffs. Informing workers personally is too complicated, they say — and too risky, as people might use their access to internal systems to perform acts of sabotage. (These layoff emails are often sent to employees' personal email; by the time they check it, they've been locked out of all their employer's own platforms.)

As someone who's managed people in newsrooms and digital start-ups and has hired and fired people in various capacities for the last 21 years, I think this approach is not just cruel but unnecessary. It's reasonable to terminate access to company systems, but delivering the news with no personal human contact serves only one purpose: letting managers off the hook. It ensures they will not have to face the shock and devastation that people feel when they lose their livelihoods. It also ensures the managers won't have to weather any direct criticism about the poor leadership that brought everyone to that point.... Future hiring prospects will be reading all about it on Twitter or Glassdoor. In a tight labor market, a company's cruelty can leave a lasting stain on its reputation....

The expectation that an employee give at least two weeks notice and help with transition is rooted in a sense that workers owe their employers something more than just their labor: stability, continuity, maybe even gratitude for the compensation they've earned. But when it's the company that chooses to end the relationship, there is often no such requirement. The same people whose labor helped build the company get suddenly recoded as potential criminals who might steal anything that's not nailed down....

Approval of unions is already at 71 percent. Dehumanizing workers like this is accelerating the trend. Once unthinkable, unionization at large tech companies now seems all but inevitable. Treating employees as if they're disposable units who can simply be unsubscribed to ultimately endangers a company's own interests. It seems mistreated workers know their value, even if employers — as they are increasingly prone to demonstrate — do not.

Google

After Layoffs: Executive Pay Cuts at Google - and How Apple Steered Clear (forbes.com) 36

Fortune reports on what happened next: As questions piled up over the weekend, Google CEO Sundar Pichai addressed the entire company in a meeting on Monday to answer questions, and announced then that top executives would take a pay cut this year as part of the company's cost reduction measures, Business Insider reported. Pichai said that all roles above the senior vice president level will witness "very significant reduction in their annual bonus," adding that for senior roles the compensation was linked to company performance. It was not immediately clear how big Pichai's own pay cut would be.
Reuters also points out that Pichai "received a massive hike in salary a few weeks before Google announced layoffs." But Fortune makes an interesting comparison: Pichai's move to cut the pay for senior executives comes only weeks after Apple's Tim Cook announced his compensation would be 40% lower amid shareholder pressure. The iPhone maker had a strong 2022 and remains one of the few tech behemoths that hasn't announced layoffs yet.
Last year Apple's share price still dropped 27%, reports Forbes, and "According to the Wall Street Journal, Apple is expected next month to report its first quarterly sales decline in over three years."

Yet Apple seems to have avoided layoffs — which Forbes argues is because Apple didn't hire aggressively during the pandemic. Compared to the other Big Tech companies, Apple scaled its workforce at a relatively slow pace and has generally followed the same hiring rate since 2016. While there was a hiring surge in Silicon Valley during the pandemic, Apple added less than 7,000 jobs in 2020....

The tech companies undergoing layoffs right now hired fervently during their pandemic — and even before. Alphabet has consecutively expanded its workforce at least 10% annually since 2013, according to CNBC....

Since 2012, Meta has expanded its workforce by thousands each year. In 2020, Zuckerberg increased headcount by 30% — 13,000 workers. The following year, the social media platform added another 13,000 employees to its payroll. Those two years marked the biggest growth in the company's history.

Amazon has initiated its plan to separate more than 18,000 white-collar professionals from its payroll. In 2021, the online retailer hired an estimated 500,000 employees, according to GeekWire, becoming the second-largest employer in the United States after Walmart. A year later, the company expanded its workforce by 310,000.

Entrepeneur supplies some context about those layoffs at Google: Reports indicate qualifying staff who were let go will receive their full notification period salary plus a severance package beginning at 16 weeks' pay and two additional weeks for every year of employment. Also part of the package: bonuses, vacation time, and health care coverage for up to six months will be paid for, along with job placement and immigration support.
Entrepreneur also notes reports that Google's latest round of layoffs "affected 27 massage therapists across Los Angeles and Irvine."
AI

Blocked Traffic, Disrupted Firefighters: Why San Francisco Wants to Slow Robotaxi Rollout (nbcnews.com) 93

"San Francisco is trying to slow the expansion of robotaxis," reports NBC News, "after repeated incidents in which cars without drivers stopped and idled in the middle of the street for no obvious reason, delaying bus riders and disrupting the work of firefighters." The city's transportation officials sent letters this week to California regulators asking them to halt or scale back the expansion plans of two companies, Cruise and Waymo, which are competing head-to-head to be the first to offer 24-hour robotaxi service in the country's best-known tech hub.

The outcome will determine how quickly San Francisco and possibly other cities forge ahead with driverless technology that could remake the world's cities and potentially save some of the 40,000 people killed each year in American traffic crashes.... Neither vehicles from Cruise or Waymo have killed anyone on the streets of San Francisco, but the companies need to overcome their sometimes comical errors, including one episode last year in which a Cruise car with nobody in it slowly tried to flee from a police officer.

In one recent instance documented on social media and noted by city officials, five disabled Cruise vehicles in San Francisco's Mission District blocked a street so completely that a city bus with 45 riders couldn't get through and was delayed for at least 13 minutes. Cruise's autonomous cars have also interfered with active firefighting, and firefighters once shattered a car's window to prevent it from driving over their firehoses, the city said....

"A series of limited deployments with incremental expansions — rather than unlimited authorizations — offer the best path toward public confidence in driving automation and industry success in San Francisco and beyond," three city officials wrote Thursday in a letter to the utilities commission, the state agency that decides if a company gets a robotaxi license. A second letter expressed concerns about Waymo....

Cruise has argued that its service is safer than the status quo.

A Cruise spokesperson also provided letters of support "written by local San Francisco merchants associations, disability advocates and community groups." And U.S. Transportation Secretary Pete Buttigieg told Quartz last year that "it would be hard to do worse than human drivers when it comes to what we could get to theoretically with the right kind of safe autonomous driving."

But in 2021 CBS reported that dozens and dozens of Waymo's robo-taxis kept mistakenly driving down the same dead-end street. And in 2018 a self-driving Uber test vehicle struck and killed a woman in Arizona.

More stories from the Verge: In July, a group of driverless Cruise vehicles blocked traffic for hours after the cars inexplicably stopped working, and a similar incident occurred in September. Meanwhile, a driverless Waymo vehicle created a traffic jam in San Francisco after it stopped in the middle of an intersection earlier this month. The National Highway Traffic Safety Administration opened an investigation into Cruise last December over concerns about the vehicles blocking traffic and causing rear-end collisions with hard braking... [San Francisco] city officials also express concern over the way driverless vehicles deal with emergency vehicles. Last April, officials say an autonomous Cruise vehicle stopped in a travel lane and "created an obstruction for a San Francisco Fire Department vehicle on its way to a 3 alarm fire...."

Other incidents involve Cruise calling 911 about "unresponsive" passengers on three separate occasions, only for emergency services to arrive and find that the rider just fell asleep.... Officials say companies should be required to collect more data about the performance of the vehicles, including how often and how long their driverless vehicles block traffic.

Wine

Wine 8.0 Released — and Plenty of Improvements are Included (omgubuntu.co.uk) 59

An anonymous reader shares this report from OMG! Ubuntu: Developers have just uncorked a brand new release of Wine, the open source compatibility layer that allows Windows apps to run on Linux.

A substantial update, Wine 8.0 is fermented from a year's worth of active development (roughly 8,600 changes in total). From that, a wealth of improvements are provided across every part of the Wine experience, from app compatibility, through to performance, and a nicer looking UI....

Notable highlights in Wine 8.0 include the completion of PE conversion, meaning all modules can be built in PE format. Wine devs say this work is an important milestone towards supporting "copy protection, 32-bit applications on 64-bit hosts, Windows debuggers, x86 applications on ARM", and more.
Transportation

'The Pros and Cons of Software Running Your Car' (apnews.com) 107

This week the automotive site Edmunds discussed "the pros and cons of software running your car." One advantage is that software "allows for the introduction of features that wouldn't have been possible in the past. Genesis, Hyundai's luxury arm, is using facial recognition and fingerprint scanning with its new all-electric GV60 crossover. The physical key is required to set up both functions, but after that the owner can basically operate the car as easily as a smartphone.

Established companies are jumping in as well. Last summer, Ford used software to enable its BlueCruise hands-free driving system in tens of thousands of F-150s and Mustang Mach-Es. The vehicles had the hardware for the system already installed; the over-the-air update made it complete. It applied to the cars wirelessly, without the need for a dealer visit. Maintenance is another potential advantage. These highly digital vehicles can monitor preventive and predictive maintenance and even diagnose problems from afar. It takes the guesswork out of what could go wrong and what needs to be adjusted without a visit to a mechanic shop or dealership....

The downside of this new tech.... Issues that PC users are all too familiar with can crop up in cars. It might be a touchscreen that goes blank and is inoperable while driving, glitchy operation of certain controls, or advanced driver assist features that aren't as fully vetted as they should be before being added to vehicles. The risks of software crashes and privacy breaches are real issues. It's not outside the realm of possibility for someone with malicious intentions to take over the operation of a car and cause damage. Also, some experts are both applauding the technology and advising caution as it relates to personal data privacy: the more data collected from drivers, the more potential for hacking.

Their conclusion? "Software will continue to evolve to change the vehicle ownership experience....

"But technology-averse shoppers will likely prefer a vehicle with a more traditional design, which might include buying used."
Transportation

Mercedes Is the First Certified Level-3-Autonomy Car Company In the US (engadget.com) 87

At CES earlier this January, Mercedes announced that it would become the first car company to achieve certification from the SAE for a Level 3 driver assist system. That became official on Thursday when the automaker confirmed its Drive Pilot ADAS (automated driver assist system) now complies with the requirements of Nevada Chapter 482A, which governs the use of autonomous vehicle technology on the state's roads. That makes Drive Pilot the only legal Level 3 system in the US for the moment. Engadget reports: Level 3 capabilities, as defined by the National Highway Transportation Safety Administration (NHTSA), would enable the vehicle to handle "all aspects of the driving" when engaged but still need the driver attentive enough to promptly take control if necessary. That's a big step up from the Level 2 systems we see today such as Tesla's "Full Self-Driving," Ford's Blue Cruise, and GM's Super Cruise. All of those are essentially extra-capable highway cruise controls where the driver must maintain their attention on driving, typically keeping their hands on or at least near the wheel, and be responsible for what the ADAS is doing while it's doing it. That's a far cry from the Knight Rider-esque ADAS outlook Tesla is selling and what Level 2 autonomy is actually capable of.

Mercedes' Drive Pilot system can, "on suitable freeway sections and where there is high traffic density," according to the company, take over the bumper-to-bumper crawling duties up to 40 MPH without the driver needing to keep their hands on the wheel. When engaged, the system handles lane-keeping duties, stays with the flow of traffic, navigates to destinations programmed into the Nav system, and will even react to "unexpected traffic situations and handles them independently, e.g. by evasive maneuvers within the lane or by braking maneuvers."
"An unwavering commitment to innovation has consistently guided Mercedes-Benz from the very beginning," Dimitris Psillakis, President and CEO of MBUSA, said in Thursday's press statement. "It is a very proud moment for everyone to continue this leadership and celebrate this monumental achievement as the first automotive company to be certified for Level 3 conditionally automated driving in the US market."
AI

BuzzFeed Says It Will Use AI To Help Create Content, Stock Jumps 150% (cnn.com) 43

An anonymous reader quotes a report from CNN: BuzzFeed said Thursday that it will work with ChatGPT creator OpenAI to use artificial intelligence to help create content for its audience, marking a milestone in how media companies implement the new technology into their businesses. Jonah Peretti, the company's co-founder and chief executive, told employees in a memo that they can expect "AI inspired content" to "move from an R&D stage to part of our core business." Peretti elaborated that the technology will be used to create quizzes, help with brainstorming, and assist in personalizing content to its audience. BuzzFeed, for now, will not use artificial intelligence to help write news stories, a spokesperson told CNN.

"To be clear, we see the breakthroughs in AI opening up a new era of creativity that will allow humans to harness creativity in new ways with endless opportunities and applications for good," Peretti said. "In publishing, AI can benefit both content creators and audiences, inspiring new ideas and inviting audience members to co-create personalized content." "When you see this work in action it is pretty amazing," Peretti added, vowing to "lead the future of AI-powered content." The news sent BuzzFeed's sagging stock skyrocketing more than 150% in trading Thursday to more than $2 a share.
Further reading: CNET Used AI To Write 75 Articles
Japan

Japan, Netherlands To Join US in Chip Controls on China (bloomberg.com) 43

Japan and the Netherlands are poised to join the US in limiting China's access to advanced semiconductor machinery, forging a powerful alliance that will undercut Beijing's ambitions to build its own domestic chip capabilities, Bloomberg News reported Friday, citing people familiar with the negotiations. From the report: US, Dutch and Japanese officials are set to conclude talks as soon as Friday US time on a new set of limits to what can be supplied to Chinese companies, the people said, asking not to be named because the talks are private. Negotiations were ongoing as of late Thursday in Washington. There is no plan for a public announcement of restrictions that will likely be just implemented, the people said.

The Netherlands will expand restrictions on ASML Holding NV, which will prevent it from selling at least some of its so-called deep ultraviolet lithography machines, crucial to making some types of advanced chips and without which attempts to set up production lines may be impossible. Japan will set similar limits on Nikon. The joint effort expands on restrictions the Biden administration unveiled in October that were aimed at curtailing China's ability to manufacture its own advanced semiconductors or buy cutting-edge chips from abroad that would aid military and artificial-intelligence capabilities.

Apple

Apple Devising Software To Help Anyone Build AR Apps, To Drive Headset Sales (theinformation.com) 26

Apple is developing software that offers an easy way for users of its upcoming mixed-reality headset to build their own augmented reality apps, as part of an effort to drive mass adoption of the device by broadening the array of content for it, The Information reported Friday, citing people familiar with the matter. From the report: With the software tools, Apple hopes that even people who don't know computer code could tell the headset, via the Siri voice assistant, to build an AR app that could then be made available via Apple's App Store for others to download. The tool, for example, could allow users to build an app with virtual animals moving around a room and over or around real-life objects without the need to design the animal from scratch, program its animations and calculate its movement in a 3D space with obstacles.
Google

Google Created an AI That Can Generate Music From Text Descriptions, But Won't Release It (techcrunch.com) 52

An impressive new AI system from Google can generate music in any genre given a text description. But the company, fearing the risks, has no immediate plans to release it. From a report: Called MusicLM, Google's certainly isn't the first generative AI system for song. There's been other attempts, including Riffusion, an AI that composes music by visualizing it, as well as Dance Diffusion, Google's own AudioML and OpenAI's Jukebox. But owing to technical limitations and limited training data, none have been able to produce songs particularly complex in composition or high-fidelity. MusicLM is perhaps the first that can.

Detailed in an academic paper, MusicLM was trained on a data set of 280,000 hours of music to learn to generate coherent songs for descriptions of -- as the creators put it -- "significant complexity" (e.g. "enchanting jazz song with a memorable saxophone solo and a solo singer" or "Berlin '90s techno with a low bass and strong kick." Its songs, remarkably, sound something like a human artist might compose, albeit not necessarily as inventive or musically cohesive. [...] That's not to suggest MusicLM's flawless -- far from it, truthfully. Some of the samples have a distorted quality to them, an unavoidable side effect of the training process. And while MusicLM can technically generate vocals, including choral harmonies, they leave a lot to be desired. Still, the Google researchers note the many ethical challenges posed by a system like MusicLM, including a tendency to incorporate copyrighted material from training data into the generated songs.

Technology

Apple Brings Mainland Chinese Web Censorship To Hong Kong (theintercept.com) 35

An anonymous reader shares a report: When Safari users in Hong Kong recently tried to load the popular code-sharing website GitLab, they received a strange warning instead: Apple's browser was blocking the site for their own safety. The access was temporarily cut off thanks to Apple's use of a Chinese corporate website blacklist, which resulted in the innocuous site being flagged as a purveyor of misinformation. Neither Tencent, the massive Chinese firm behind the web filter, nor Apple will say how or why the site was censored. The outage was publicized just ahead of the new year. On December 30, 2022, Hong Kong-based software engineer and former Apple employee Chu Ka-cheong tweeted that his web browser had blocked access to GitLab, a popular repository for open-source code. Safari's "safe browsing" feature greeted him with a full-page "deceptive website warning," advising that because GitLab contained dangerous "unverified information," it was inaccessible. Access to GitLab was restored several days later, after the situation was brought to the company's attention.

The warning screen itself came courtesy of Tencent, the mammoth Chinese internet conglomerate behind WeChat and League of Legends. The company operates the safe browsing filter for Safari users in China on Apple's behalf -- and now, as the Chinese government increasingly asserts control of the territory, in Hong Kong as well. Apple spokesperson Nadine Haija would not answer questions about the GitLab incident, suggesting they be directed at Tencent, which also declined to offer responses. The episode raises thorny questions about privatized censorship done in the name of "safety" -- questions that neither company seems interested in answering: How does Tencent decide what's blocked? Does Apple have any role? Does Apple condone Tencent's blacklist practices?

Canada

Home Depot Canada Found Sharing Customer Personal Data With Meta (reuters.com) 38

Home Depot's Canadian arm was found to be sharing details from e-receipts related to in-store purchases with Facebook owner Meta Platforms without the knowledge or consent of its customers, according to Canada's privacy regulator. From a report: An investigation by the Office of the Privacy Commissioner of Canada (OPC) found that by participating in Meta's offline conversions program Home Depot shared the e-receipts that included encoded email addresses and purchase information. The regulator added that the home goods chain stopped sharing customer information with Meta in October 2022, which was among the recommendations made by OPC, until the company is able to implement measures to ensure valid consent.
Businesses

SoftBank Deals Hit Record Low, Sapping Funding for Startups (bloomberg.com) 16

SoftBank Group's new startup bets hit a record low last quarter as valuations continued to slide, chilling an already frosty startup winter. From a report: The world's largest tech investor -- which at one point took part in $30 billion worth of financing rounds in more than 90 startups in a single quarter -- participated in just eight investment rounds totaling $2.1 billion in the three months ending in December, data compiled by Bloomberg showed. It was the first time the number of SoftBank's deals fell to single digits since the launch of its Vision Fund.

Startup investments by SoftBank's Vision Fund unit came below $350 million in the quarter just ended, a person familiar with the matter said. In total, the segment invested more than $144 billion in five-and-a-half years, which averages out to more than $6 billion per quarter. SoftBank is not alone. Rivals Tiger Global Management, Sequoia Capital and Coatue Management have also tightened their spigots after shouldering big writedowns in 2022. Denied lucrative exits by a rout in tech valuations, deep-pocketed investors have pulled back, hitting pause on billion-dollar funding rounds that had become common in recent years.

Open Source

EU's Proposed CE Mark for Software Could Have Dire Impact on Open Source (devclass.com) 104

The EU's proposed Cyber Resilience Act (CRA), which aims to "bolster cybersecurity rules to ensure more secure hardware and software products," could have severe unintended consequences for open source software, according to leaders in the open source community. From a report: The proposed Act can be described as CE marking for software products and has four specific objectives. One is to require manufacturers to improve the security of products with digital elements "throughout the whole life cycle." Second is to offer a "coherent cybersecurity framework" by which to measure compliance. Third is to improve the transparency of digital security in products, and fourth is to enable customers to "use products with digital elements securely."

The draft legislation includes an impact assessment that says "for software developers and hardware manufacturers, it will increase the direct compliance costs for new cybersecurity requirements, conformity assessment, documentation and reporting obligations." This extra cost is part of a total cost of compliance, including the burden on businesses and public authorities, estimated at EUR 29 billion ($31.54 billion), and consequent higher prices for consumers. However, the legislators foresee a cost reduction from security incidents estimated at EUR 180 to 290 billion annually. The question is though: how can free software developers afford the cost of compliance, when lack of funding is already a critical issue for many projects? Mike Milinkovich, director of the Eclipse Foundation, said it is "deeply concerned that the CRA could fundamentally alter the social contract which underpins the entire open source ecosystem: open source software provided for free, for any purpose, which can be modified and further distributed for free, but without warranty or liability to the authors, contributors, or open source distributors. Legally altering this arrangement through legislation can reasonably be expected to cause unintended consequences to the innovation economy in Europe."

Google

Google Commits To Give Consumers Clearer and More Accurate Information To Comply With EU Rules 9

European Commission: Have you ever struggled to understand whether you were buying directly from Google or from a different brand, or had difficulty finding information about final costs? In order to further align its practices with EU law -- mainly on lack of transparency and clear information to consumers -- Google has committed to introduce changes in several of its products and services. Following a dialogue started in 2021 with the Consumer Protection Cooperation Network (CPC), coordinated by the European Commission and led by the Dutch Authority for Consumers and Markets and the Belgian Directorate-General for Economic Inspection, Google has agreed to address issues raised by the authorities and to introduce changes in Google Store, Google Play Store, Google Hotels and Google Flights to ensure compliance with EU consumer rules.

Following the dialogue, Google has committed to limit its capacity to make unilateral changes related to orders when it comes to price or cancellations, and to create an email address whose use is reserved to consumer protection authorities, so that they can report and request the quick removal of illegal content. Moreover, Google agreed to introduce a series of changes to its practices, such as:

Google Flights and Google Hotels:
1. Make clear to consumers whether they contract directly with Google or whether it is simply acting as an intermediary;
2. Clarify the price used as a reference when discounts are advertised on the platform, as well as the fact that reviews are not verified on Google Hotels;
3. Accept the same transparency commitments as other big accommodation platforms as regards the way it presents information to consumers, for example, on prices or availability.

Google Play Store and Google Store:
1. Provide clear pre-contractual information on delivery costs, right of withdrawal and availability of repair or replacement options. Furthermore, Google will facilitate also information on the company (e.g. legal name and address) and direct and effective contact points (e.g. a live telephone agent);
2. Clarify how to browse different country versions of the Google Play Store and inform developers about their obligations under the Geo-blocking Regulation to make their apps accessible EU-wide, as well as enable consumers to use means of payment from any EU country.

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