News, page 4
What changed in technology each day, traced to the document it changed in, with the grade of every source and the date it was read.
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Fintech & crypto
Humboldt Merchant Services to pay $12 million over payments for more than 1,000 shell merchants, FTC says
The FTC says the processor ignored red flags, with chargebacks almost 10 times what card brands call excessive. The settlement bans it from four kinds of merchant.
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Security & privacy
Boston Scientific says a cyberattack that halted manufacturing will likely hit its results for the year
The medical-device maker told the SEC it probably won't meet its sales and earnings guidance after an incident on 25 August disrupted its operations worldwide.
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Science & research
Evidence on securing open-source AI is thin before models are released, a UK-commissioned review finds
Of 14,561 academic records screened, 43 met the review's criteria. Research is strong on attacks against deployed systems, it says, but nearly silent on how models are trained, documented and distributed.
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Work & careers
The US information industry lost 23,000 jobs in August, nearly three times its monthly average
The official count was led by data processing and web hosting. Over the year to August, the industry has 115,000 fewer jobs, a fall of 4.0%.
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Fintech & crypto
Payment processor Nuvei to pay $4.85 million over processing for tech-support scams, under FTC settlement
The FTC says Nuvei processed more than $30 million for one offshore tech-support scheme. The order bans it from serving tech-support sellers who use pop-ups or telemarketing.
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Work & careers
The Trade Desk is cutting about 15% of its workforce, its SEC filing says
The advertising-technology company had 3,843 full-time employees at the end of 2025. It expects $39 million to $51 million in severance costs.
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Business
Adobe names Anil Chakravarthy chief executive from December; Shantanu Narayen becomes executive chair
The change takes effect on 1 December. The head of Adobe's creativity and productivity business is also stepping down.
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Rules & courts
US judge rejects breaking up Google's ad tech business, ordering conduct rules instead
The court refused to make Google sell its AdX ad exchange, which the Justice Department and states had sought after winning the case on liability. Most proposed behavioural remedies were accepted.
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Rules & courts
China's internet regulator says its AI clean-up removed 5.61 million items and dealt with 49,000 accounts
The campaign targets AI-generated false information, impersonation, violent content and material harming children. It also acted against more than 2,400 websites and apps.
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Business
Broadcom's quarterly revenue rose 86% to $29.6 billion, driven by chips for AI data centres
Its semiconductor sales more than doubled from a year earlier. The company forecasts $34.8 billion for the next quarter, up 93%.
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Work & careers
Zscaler to cut about 3% of its staff to move people to AI work, its SEC filing says
The security company, which had over 8,700 employees in July, expects $30.0 million to $33.0 million in charges, mostly severance.
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Work & careers
Job openings in the US information industry were 96,000 in July, down from 157,000 a year earlier
Openings across the US economy were little changed at 7.3 million. In the information industry, the openings rate fell from 5.2% to 3.3% in a year.
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Rules & courts
EU designates ChatGPT a very large search engine under its Digital Services Act, with Reddit and Roblox
ChatGPT is treated as a search engine because it searches the web. All three reported at least 45 million monthly EU users and have until January 2027 to meet the extra rules.
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Chips & infrastructure
US sets minimum import prices for polysilicon and a 15% tariff on its derivatives, from December
The floor prices run from $21 a kilogram for polysilicon to $0.38 a watt for solar modules. The material underpins both chips and solar panels.
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Rules & courts
EU starts enforcing its AI Act on 2 August, and chatbots must now say they are AI
The AI Office can now act against providers of general-purpose AI models. Deepfakes must be labelled, and AI-generated content must carry machine-readable marks.
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Rules & courts
EU fines Google €890 million for favouring its own services in Search and restricting app developers on Play
Two Digital Markets Act decisions: €460 million over Search self-preferencing and €430 million over Play's steering rules. Google has 60 days to comply.
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Chips & infrastructure
India approves Semicon 2.0, a ₹1,27,500 crore second round of support for its chip industry
It adds chipmaking machines and materials, more fabs, design and research to the first programme's plants. India's first fab is due to be commissioned in 2028.
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AI
49% of US adults now use AI chatbots, up from 33% in 2024, and 38% of workers use them for work, Pew finds
About a quarter use chatbots daily. Searching for information and work tasks are the commonest uses; one in ten use them for emotional support.
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Rules & courts
UK will ban social media for under-16s from spring 2027, on Australia's model
Instagram, YouTube, TikTok, Snapchat, Facebook and X would be covered, but not WhatsApp or Signal. Livestreaming and contact from strangers will be off by default for 16- and 17-year-olds.
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Security & privacy
US agencies must now fix the riskiest exploited flaws in under three days, under a new CISA directive
BOD 26-04 replaces the old fixed deadlines with ones based on risk, and adds forensic checks. In September, 33 of the 41 flaws CISA listed as exploited carried 3-day deadlines.
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Work & careers
The first H-1B lottery weighted by wage level filled next year's cap, USCIS says
Registrations for higher-paid jobs had better odds for the first time. Certain petitions also need the $100,000 payment required since September 2025.
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Chips & infrastructure
US puts a 25% tariff on some imported advanced chips, with wide exemptions, and signals broader chip tariffs
Chips for US data centres, research, start-ups, consumer and public-sector uses are exempt. Wider tariffs on semiconductors depend on trade negotiations.