An anonymous reader quotes a report from the BBC: TikTok will not introduce end-to-end encryption (E2EE) -- the controversial privacy feature used by nearly all its rivals -- arguing it makes users less safe. E2EE means only the sender and recipient of a direct message can view its contents, making it the most secure form of communication available to the general public. Platforms such as Facebook, Instagram, Messenger and X have embraced it because they say their priority is maximizing user privacy.

But critics have said E2EE makes it harder to stop harmful content spreading online, because it means tech firms and law enforcement have no way of viewing any material sent in direct messages. The situation is made more complex because TikTok has long faced accusations that ties to the Chinese state may put users' data at risk. TikTok has consistently denied this, but earlier this year the social media firm's US operations were separated from its global business on the orders of US lawmakers.

TikTok told the BBC it believed end-to-end encryption prevented police and safety teams from being able to read direct messages if they needed to. It confirmed its approach to the BBC in a briefing about security at its London office, saying it wanted to protect users, especially young people from harm. It described this stance as a deliberate decision to set itself apart from rivals. "Grooming and harassment risks are very real in DMs [direct messages] so TikTok now can credibly argue that it's prioritizing 'proactive safety' over 'privacy absolutism' which is a pretty powerful soundbite," said social media industry analyst Matt Navarra. But Navarra said the move also "puts TikTok out of step with global privacy expectations" and might reinforce wariness for some about its ownership.

OpenAI is reportedly developing a code-hosting platform that could compete with GitHub, The Information reported on Tuesday. "If OpenAI does sell the product, it would mark a bold move by the creator of ChatGPT to compete directly against Microsoft, which holds a significant stake in the firm," notes Reuters. From the report: Engineers from OpenAI encountered a rise in service disruptions that rendered GitHub unavailable in recent months, which ultimately prompted the decision to develop the new product, the report said. The OpenAI project is in its early stages and likely will not be completed for months, according to The Information. Employees working on it have considered making the code repository available for purchase to OpenAI's customer base.

Accenture is acquiring Downdetector parent company Ookla from Ziff Davis in a $1.2 billion deal to bolster its network analytics and visibility tools for telecoms, hyperscalers, and enterprises. "The deal, which will transfer all of Ziff Davis's Connectivity division to Accenture, includes Ookla's Speedtest, Ekahau, and RootMetrics," notes The Register reports: "Modern networks have evolved from simple infrastructure into business-critical platforms," said Accenture CEO Julie Sweet in a canned statement. "Without the ability to measure performance, organizations cannot optimize experience, revenue, or security." Ookla is meant to let them do just that.

Data captured at the network and device layer are used to enhance fraud prevention in banking, smart homes monitoring, and traffic optimization in retail, Accenture said. Ookla's platform, which lets user's test their own connectivity speed, captures more than 1,000 attributes per test, and provides the foundation for those analytics, Accenture said.

An anonymous reader quotes a report from Ars Technica: Charter Communications, operator of the Spectrum cable brand, has obtained Federal Communications Commission permission to buy Cox and surpass Comcast as the country's largest home Internet service provider. Charter has 29.7 million residential and business Internet customers compared to Comcast's 31.26 million. Buying Cox will give Charter another 5.9 million Internet customers. The FCC approved the deal on Friday, but the companies still need Justice Department approval and sign-offs from states including California and New York.

Opponents of Charter's $34.5 billion acquisition told the FCC that eliminating Cox as an independent entity will make it easier for Charter and Comcast to raise prices. But the FCC dismissed those concerns on the grounds that Charter and Cox don't compete directly against each other in the vast majority of their territories.

FCC Chairman Brendan Carr's primary demand from companies seeking to merge has been to eliminate diversity, equity, and inclusion (DEI) programs and policies. In a press release (PDF), the Carr-led FCC said that "Charter has committed to new safeguards to protect against DEI discrimination," and that Charter's network-expansion plans will bring "faster broadband and lower prices" to rural areas. The merger was approved one day after Charter sent a letter to Carr outlining its actions to end DEI. Charter offers broadband and cable service in 41 states, while Cox does so in 18 states.

An anonymous reader quotes a report from TechCrunch: One day not long ago, a founder texted his investor with an update: he was replacing his entire customer service team with Claude Code, an AI tool that can write and deploy software on its own. To Lex Zhao, an investor at One Way Ventures, the message indicated something bigger -- the moment when companies like Salesforce stopped being the automatic default. "The barriers to entry for creating software are so low now thanks to coding agents, that the build versus buy decision is shifting toward build in so many cases," Zhao told TechCrunch.

The build versus buy shift is only part of the problem. The whole idea of using AI agents instead of people to perform work throws into question the SaaS business model itself. SaaS companies currently price their software per seat -- meaning by how many employees log in to use it. "SaaS has long been regarded as one of the most attractive business models due to its highly predictable recurring revenue, immense scalability, and 70-90% gross margins," Abdul Abdirahman, an investor at the venture firm F-Prime, told TechCrunch. When one, or a handful, of AI agents can do that work -- when employees simply ask their AI of choice to pull the data from the system -- that per-seat model starts to break down.

The rapid pace of AI development also means that new tools, like Claude Code or OpenAI's Codex, can replicate not just the core functions of SaaS products but also the add-on tools a SaaS vendor would sell to grow revenue from existing customers. On top of that, customers now have the ultimate contract negotiation tool in their pockets: If they don't like a SaaS vendor's prices, they can, more easily than ever before, build their own alternative. "Even if they do not take the build route, this creates downward pressure on contracts that SaaS vendors can secure during renewals," Abdirahman continued.

We saw this as early as late 2024, when Klarna announced that it had ditched Salesforce's flagship CRM product in favor of its own homegrown AI system. The realization that a growing number of other companies can do the same is spooking public markets, where the stock prices of SaaS giants like Salesforce and Workday have been sliding. In early February, an investor sell-off wiped nearly $1 trillion in market value from software and services stocks, followed by another billion later in the month. Experts are calling it the SaaSpocalypse, with one analyst dubbing it FOBO investing -- or fear of becoming obsolete. Yet the venture investors TechCrunch spoke with believe such fears are only temporary. "This isn't the death of SaaS," Aaron Holiday, a managing partner at 645 Ventures, told TechCrunch. Rather, it's the beginning of an old snake shedding its skin, he said.

If U.S. automakers turn their backs on electric vehicles, "their sales outside the U.S. will shrivel," warns Bloomberg. [Alternate URL.] They're already falling behind on the technology, relying on a 100% U.S. tariff on Chinese EVs to keep surging rivals like BYD Co. at bay.... While the American automakers "mostly understand the challenge in front of them, they don't have full plans" to confront it [said Mark Wakefield, head of the global automotive practice at consultant AlixPartners]...

"Now is a great time for the V-8 engine," said Ryan Shaughnessy, the Mustang's brand manager. "We've done extensive customer research in multiple cities, looking at a variety of powertrains, and the V-8 is always the number-one choice." It isn't just customers. U.S. automakers have long been run by "car guys:" enthusiasts who live for the bone-shaking rumble of a big engine. For them, quiet and smooth EVs — even the absurdly fast ones — can't satisfy that craving. They're convinced many American car buyers share the same enthusiasm for what Shaughnessy described as "the sound and roar of the V-8."

Wall Street couldn't be happier with the new direction... Ford's fortunes are also on the rise, as it's predicting operating profits could grow by as much as 47% this year to $10 billion. Ford's stock has risen nearly 50% over the last 12 months. Under the previous environmental rules, automakers effectively had to sell zero-emission vehicles in growing numbers to offset their gas-guzzlers. When they fell short, they had to buy regulatory credits from EV companies such as Tesla Inc. or face penalties. GM spent $3.5 billion on credits from 2022 to the middle of 2025. Now, according to JPMorgan Chase & Co. analyst Ryan Brinkman, GM and Ford each have "billion dollar tailwinds"...

[T]he hangover from all that new horsepower could leave US automakers lagging their Chinese rivals who already build the world's most advanced — and lowest priced — electric cars. Indeed, there is much talk in Detroit about the competitive tsunami that will be unleashed on American automakers once Chinese car companies find a way to break through trade barriers now protecting the US market. [Ford Chief Executive Officer Jim] Farley even calls it an "existential threat"... "They're going to build as many V-8 engines and big trucks as they can get out the factory doors," said Sam Fiorani, vice president of vehicle forecasting for consultant Auto Forecast Solutions. "And as the rest of the world develops modern drivetrains, newer batteries and better electric vehicles, GM and Ford in particular are going to find themselves falling even further behind."
The article notes GM "continues to develop battery-powered vehicles, and CEO Mary Barra said the automaker would begin offering a 'handful' of hybrids soon," while Ford and Stellantis "have plans to launch extended-range electric vehicles, or EREVs, a new kind of plug-in hybrid with an internal combustion engine that recharges the battery as the vehicle drives down the road." But while automakers may be investing in future EV vehicles, they're also "leaning into the lucre that comes from selling millions of fossil-fuel vehicles in a rare moment of loosened regulation."

"Anthropic may have lost out on doing business with the US government," reports Engadget, "but it's gained enough popularity to earn the number one spot on the App Store's Top Free Apps leaderboard."

Anthropic's Claude AI assistant had already leaped to the #2 slot on Apple's chart by late Friday," CNBC reported Saturday: The rise in popularity suggests that Anthropic is benefiting from its presence in news headlines, stemming from its refusal to have its models used for mass domestic surveillance or for fully autonomous weapons... OpenAI's ChatGPT sat at No. 1 on the App Store rankings on Saturday, while Google's Gemini was at No. 3... On Jan. 30, [Claude] was ranked No. 131 in the U.S., and it bounced between the top 20 and the top 50 for much of February, according to data from analytics company Sensor Tower... [And Friday night, for 85.3 million followers] pop singer Katy Perry posted a screenshot of Anthropic's Pro subscription for consumers, with a heart superimposed over it.
Sunday Engadget reported Anthropic's "very public spat" with the Pentagon "led to a wave of user support that finally allowed Claude to dethrone OpenAI's ChatGPT on the App Store as the most downloaded free app."

. Friday Anthropic posted "We are deeply grateful to our users, and to the industry peers, policymakers, veterans, and members of the public who have voiced their support in recent days. Thank you. "

In a 9,000-word expose, a writer for Harper's visited San Francisco's young entrepreneurs in September to mockingly profile "tech's new generation and the end of thinking."

There's Cluely founder Roy Lee. ("His grand contribution to the world was a piece of software that told people what to do.") And the Rationalist movement's Scott Alexander, who "would probably have a very easy time starting a suicide cult..." Alexander's relationship with the AI industry is a strange one. "In theory, we think they're potentially destroying the world and are evil and we hate them," he told me. In practice, though, the entire industry is essentially an outgrowth of his blog's comment section... "Many of them were specifically thinking, I don't trust anybody else with superintelligence, so I'm going to create it and do it well." Somehow, a movement that believes AI is incredibly dangerous and needs to be pursued carefully ended up generating a breakneck artificial arms race.
There's a fascinating story about teenaged founder Eric Zhu (who only recently turned 18): Clients wanted to take calls during work hours, so he would speak to them from his school bathroom. "I convinced my counselor that I had prostate issues... I would buy hall passes from drug dealers to get out of class, to have business meetings." Soon he was taking Zoom calls with a U.S. senator to discuss tech regulation... Next, he built his own venture-capital fund, managing $20 million. At one point cops raided the bathroom looking for drug dealers while Eric was busy talking with an investor. Eventually, the school got sick of Eric's misuse of the facilities and kicked him out. He moved to San Francisco.

Eric made all of this sound incredibly easy. You hang out in some Discord servers, make a few connections with the right people; next thing you know, you're a millionaire... Eric didn't think there was anything particularly special about himself. Why did he, unlike any of his classmates, start a $20 million VC fund? "I think I was just bored. Honestly, I was really bored." Did he think anyone could do what he did? "Yeah, I think anyone genuinely can."
The article concludes Silicon Valley's investors are rewarding young people with "agency". Although "As far as I could tell, being a highly agentic individual had less to do with actually doing things and more to do with constantly chasing attention online." Like X.com user Donald Boat, who successfully baited Sam Altman into buying him a gaming PC in "a brutally simplified miniature of the entire VC economy." (After which "People were giving him stuff for no reason except that Altman had already done it, and they didn't want to be left out of the trend.") Shortly before I arrived at the Cheesecake Factory, [Donald Boat] texted to let me know that he'd been drinking all day, so when I met him I thought he was irretrievably wasted. In fact, it turned out, he was just like that all the time... He seemed to have a constant roster of projects on the go. He'd sent me occasional photos of his exploits. He went down to L.A. to see Oasis and ended up in a poker game with a group of weapons manufacturers. "I made a bunch of jokes about sending all their poker money to China," he said, "and they were not pleased...."

"I don't use that computer and I think video games are a waste of time. I spent all the money I made from going viral on Oasis tickets." As far as he was concerned, the fact that tech people were tripping over themselves to take part in his stunt just confirmed his generally low impression of them. "They have too much money and nothing going on..." Ever since his big viral moment, he'd been suddenly inundated with messages from startup drones who'd decided that his clout might be useful to them. One had offered to fly him out to the French Riviera.
The author's conclusion? "It did not seem like a good idea to me that some of the richest people in the world were no longer rewarding people for having any particular skills, but simply for having agency."

It started Friday when all U.S. federal agencies were ordered to "immediately cease" using Anthropic's AI technology after contract negotiations stalled when Anthropic requested prohibitions against mass domestic surveillance or fully autonomous weapons. But later Friday there were even more repercussions...

In a post to his 1.1 million followers on X.com, U.S. Secretary of War Pete Hegseth criticized Anthropic for what he called "a master class in arrogance and betrayal as well as a textbook case of how not to do business with the United States Government or the Pentagon." Our position has never wavered and will never waver: the Department of War must have full, unrestricted access to Anthropic's models for every LAWFUL purpose in defense of the Republic... Cloaked in the sanctimonious rhetoric of "effective altruism," [Anthropic and CEO Dario Amodei] have attempted to strong-arm the United States military into submission — a cowardly act of corporate virtue-signaling that places Silicon Valley ideology above American lives. The Terms of Service of Anthropic's defective altruism will never outweigh the safety, the readiness, or the lives of American troops on the battlefield. Their true objective is unmistakable: to seize veto power over the operational decisions of the United States military. That is unacceptable...

In conjunction with the President's directive for the Federal Government to cease all use of Anthropic's technology, I am directing the Department of War to designate Anthropic a Supply-Chain Risk to National Security. Effective immediately, no contractor, supplier, or partner that does business with the United States military may conduct any commercial activity with Anthropic... America's warfighters will never be held hostage by the ideological whims of Big Tech. This decision is final.
Meanwhile, Anthrophic said on Friday that "no amount of intimidation or punishment from the Department of War will change our position." (And "We will challenge any supply chain risk designation in court.") Designating Anthropic as a supply chain risk would be an unprecedented action — one historically reserved for US adversaries, never before publicly applied to an American company. We are deeply saddened by these developments. As the first frontier AI company to deploy models in the US government's classified networks, Anthropic has supported American warfighters since June 2024 and has every intention of continuing to do so. We believe this designation would both be legally unsound and set a dangerous precedent for any American company that negotiates with the government... Secretary Hegseth has implied this designation would restrict anyone who does business with the military from doing business with Anthropic. The Secretary does not have the statutory authority to back up this statement.
Anthropic also defended the two exceptions they'd requested that had stalled contract negotiations. "[W]e do not believe that today's frontier AI models are reliable enough to be used in fully autonomous weapons. Allowing current models to be used in this way would endanger America's warfighters and civilians. Second, we believe that mass domestic surveillance of Americans constitutes a violation of fundamental rights."

Also Friday, OpenAI announced that "we reached an agreement with the Department of War to deploy our models in their classified network." OpenAI CEO Sam Altman emphasized that the agreement retains and confirms OpenAI's own prohibitions against using their products for domestic mass surveillance — and requires "human responsibility" for the use of force including for autonomous weapon systems. "The Department of War agrees with these principles, reflects them in law and policy, and we put them into our agreement. We also will build technical safeguards to ensure our models behave as they should, which the Department of War also wanted. " We are asking the Department of War to offer these same terms to all AI companies, which in our opinion we think everyone should be willing to accept. We have expressed our strong desire to see things de-escalate away from legal and governmental actions and towards reasonable agreements. We remain committed to serve all of humanity as best we can. The world is a complicated, messy, and sometimes dangerous place.

A start-up called Reflect Orbital "proposes to use large, mirrored satellites to redirect sunlight to Earth at night," reports the Washington Post, "with plans to bathe solar farms, industrial sites and even entire cities in light that could, if desired, reach the intensity of daylight...."

Slashdot noted their idea in 2022 — but Reflect Orbital now expects to launch its first satellite in April, according to the article. "But its grand vision is largely 'aspirational,' as its young founder, Ben Nowack, told me..." Reflect Orbital's Nowack describes a scene right out of sci-fi: An extremely bright star appears on the northern horizon and makes its way across the sky, illuminating a 5-kilometer circle on Earth, then setting on the southern horizon about five minutes later, just as another such "star" appears in the north. To make the night even brighter, a customer could make 10 "stars" appear at once in the north by ordering them on an app. Two such artificial stars are in development in Reflect Orbital's factory. Nowack showed them to me on a Zoom call. The first to launch is 50 feet across, but he plans later to build them three times that size. If all goes according to plan, he'll have 50,000 of them circling the Earth in 2035 at an altitude of around 400 miles.

Nowack plans to start selling the service "in mostly developing nations or places that don't have streetlights yet." Eventually, he thinks, he can illuminate major cities, turn solar fields and farms into round-the-clock operations for any business or municipality that pays for it. He likened his technology to the invention of crop irrigation thousands of years ago. "I see this as much the same thing," he said, arguing that people would no longer have to "wait for the sun to shine."
The article adds that Elon Musk's SpaceX "wants to launch as many as a million satellites to serve as orbiting data centers — 70 times the number of satellites now in orbit." (America's satellite-regulation Federal Communications Commission grants a "categorical exclusion" from environmental review to satellites on the grounds that their operations "normally do not have significant effects on the human environment.")

The public comment periods for the two proposals close on March 6 and March 9.

President Donald Trump has ordered all U.S. federal agencies to "immediately cease" using Anthropic's AI technology, escalating a standoff after the company sought limits on Pentagon use of its models. CNBC reports: The company, which in July signed a $200 million contract with Pentagon, wants assurances that the Defense Department will not use its AI models will not be used for fully autonomous weapons or mass domestic surveillance of Americans. The Pentagon had set a deadline of 5:01 p.m. ET Friday for Anthropic to agree to its demands to allow the Pentagon to use the technology for all lawful purposes. If Anthropic did not meet that deadline, Pete Hegseth threatened to label the company a "supply chain risk" or force it to comply by invoking the Defense Production Act.

"The Leftwing nut jobs at Anthropic have made a DISASTROUS MISTAKE trying to STRONG-ARM the Department of War, and force them to obey their Terms of Service instead of our Constitution," Trump said in a post on Truth Social. "Their selfishness is putting AMERICAN LIVES at risk, our Troops in danger, and our National Security in JEOPARDY."

"Therefore, I am directing EVERY Federal Agency in the United States Government to IMMEDIATELY CEASE all use of Anthropic's technology," Trump wrote. "We don't need it, we don't want it, and will not do business with them again! There will be a Six Month phase out period for Agencies like the Department of War who are using Anthropic's products, at various levels," Trump said. On Friday, OpenAI said it would also draw the same red lines as Anthropic: no AI for mass surveillance or autonomous lethal weapons.

An anonymous reader shares a column: I'm going to take the diplomatic hat off here and say with brutal honesty: basically everybody in the music business hates Spotify except for the people who work there. It's a platform that sucks artists for everything they have, it actively prevents community building, and, despite all of that, the platform still struggles to maintain a healthy profit margin.

The streaming business model is fundamentally broken. And eventually, its demise will become more and more obvious to recognize. I'll break down exactly why the DSP era is coming to a grinding halt, why the major labels are quietly terrified, and why the artists who don't pivot now are going to go down with the ship.

[...] Jimmy Iovine put it bluntly: "The streaming services have a bad situation, there's no margins, they're not making any money." This model only works for Apple, Amazon, and Google, because they don't need their music platforms to be wildly profitable. Amazon uses music as a loss-leader to keep you paying for Prime. Apple uses it to sell $1,000 iPhones. As for Spotify, or any standalone music streaming company, they're kind of screwed. And guess what -- when the platform's margins are structurally squeezed, guess who gets squeezed first? The artists.

[...] What if Jimmy is right? If the DSPs are "minutes away from obsolete," what replaces them? Well, I'm not sure the DSPs are going to disappear overnight, but if you're an artist or a manager trying to sustain yourself in this evolving music economy, the answer is direct ownership. The artists who will survive the next five years are the ones who are quietly shifting their focus away from the "ATM Machine."

They are building their own cultural hangars. They are capturing phone numbers on Laylo. They are driving fans to private Discord servers. They are focusing on ARPF (Average Revenue Per Fan) through high-margin merch, vinyl, and hard tickets, rather than begging for fractions of a penny from a playlist placement. We are witnessing the death of the "Mass Audience" and the birth of the "Micro-Community."

Netflix is walking away from a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board on Thursday deemed a revised bid by Paramount Skydance to be a superior offer. From a report: Earlier this week, Paramount raised its bid to buy the entirety of WBD to $31 per share, up from $30 per share, all cash. It was the latest amendment to Paramount's multiple offers in recent months -- and since moving forward with a hostile bid to buy the company -- and it's now unseated a deal between WBD and Netflix to sell the legacy media company's studio and streaming businesses for $27.75 per share.

Last week, Netflix granted WBD a seven-day waiver to reengage with Paramount, resulting in the higher bid. Paramount's offer is for the entirety of WBD, including its pay-TV networks, such as CNN, TBS and TNT. Netflix had four business days to make changes to its own proposal in light of Paramount's superior bid, the WBD board said in a statement Thursday. Instead, the decision by the streaming giant to walk away puts a pin in a drawn-out saga that saw amended offers from both bidders.

Jack Dorsey's Block is cutting more than 4,000 jobs, or nearly half its workforce, as part of a deliberate shift toward becoming a smaller, "intelligence-native" company built around AI. The Verge reports: "We're not making this decision because we're in trouble," Dorsey says. "Our business is strong. Gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. But something has changed. We're already seeing that the intelligence tools we're creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company. And that's accelerating rapidly."

Dorsey opted to do a big layoff instead of gradual cuts because "I'd rather take a hard, clear action now and build from a position we believe in than manage a slow reduction of people toward the same outcome." The layoffs were announced on Thursday as part of the company's Q4 2025 earnings. In a shareholder letter (PDF), Dorsey says that "We believe Block will be significantly more valuable as a smaller, faster, intelligence-native company. Everything we do from here is in service of that."
See Also: Jack Dorsey's Block Accused of 'AI-Washing' to Excuse Laying Off Nearly Half Its Workforce (entrepreneur.com)

EBay is cutting about 800 jobs, or 6% of its full-time employees, saying the layoffs are needed to align its workforce with strategic priorities. From a report: "We are taking steps to reinvest across our business and align our structure with our strategic priorities, which will affect certain roles across our workforce," the San Jose, California-based company said early Thursday in a statement. "We are grateful for the contributions of the employees impacted and are committed to supporting them with care and respect."

EBay will continue to hire in key areas. The cuts come a week after the company said it would acquire secondhand fashion marketplace Depop for about $1.2 billion in an effort to draw younger shoppers and after it reported robust quarterly results. Revenue increased 15% to $3 billion in the fourth quarter, surpassing analyst estimates.

Seamus Blackley, one of the original founders of Xbox who helped convince Bill Gates and Steve Ballmer to back a console project more than 26 years ago, told GamesBeat in an interview that he believes Microsoft is quietly sunsetting the platform under the guise of an AI-driven leadership transition.

Microsoft recently announced that Asha Sharma, whose career has focused on AI and software as a service, will replace Phil Spencer as Xbox CEO, and that COO and president Sarah Bond is leaving the company. Blackley said he expects Sharma's role to be that of "a palliative care doctor who slides Xbox gently into the night," arguing that Satya Nadella's all-consuming bet on generative AI has turned every business unit -- Xbox included -- into a nail for the same hammer.

He compared the appointment to putting someone who doesn't like movies in charge of a major motion picture studio, and advised Sharma to either develop a genuine passion for games or find a way to leave the job soon.

Russia has opened an investigation into Telegram founder Pavel Durov for "abetting terrorist activities," [non-paywalled source] in the latest sign that his uneasy relationship with the Kremlin has broken down. From a report: Two Russian newspapers, including the state-run Rossiiskaya Gazeta and Kremlin-friendly tabloid Komsomolskaya Pravda, alleged on Tuesday that the messaging app had become a tool of western and Ukrainian intelligence services.

The articles, credited to materials from Russia's FSB security service, accused Telegram of enabling attacks in Russia and said that Durov's "actions ... are under criminal investigation." Russia has restricted Telegram's functions, accusing it of flouting the law and is seeking to divert users towards Max, a state-run rival messenger. The steps escalate pressure on a platform that remains deeply embedded in Russian public life.

A 7,000-word "doomsday" thought experiment from Citrini Research helped trigger an 800-point drop in the Dow, "painting a dark portrait of a future in which technological change inspires a race to the bottom in white-collar knowledge work," reports the Wall Street Journal. From the report: Concerns of hyperscalers overspending are out. Worries of software-industry disruption don't go far enough. The "global intelligence crisis" is about to hit. The new, broader question: What if AI is so bullish for the economy that it is actually bearish? "For the entirety of modern economic history, human intelligence has been the scarce input," Citrini wrote in a post it described as a scenario dated June 2028, not a prediction. "We are now experiencing the unwind of that premium."

Many of Monday's moves roughly aligned with the situation outlined by Citrini, in which fast-advancing AI tools allow spending cuts across industries, sparking mass white-collar unemployment and in turn leading to financial contagion. Software firms DataDog, CrowdStrike and Zscaler each plunged more than 9%. International Business Machines' 13% decline was its worst one-day performance since 2000. American Express, KKR and Blackstone -- all name-checked by Citrini -- tumbled. That anxiety, coupled with renewed uncertainty about trade policy from Washington, weighed down major indexes Monday. The Dow Jones Industrial Average led declines, falling 1.7%, or 822 points. The S&P 500 shed 1%, while the Nasdaq composite retreated 1.1%.

[...] Monday's market swings extended a run of AI-linked volatility. A small research outfit that has garnered a huge Substack following for macro and thematic stock research, Citrini said in its new post that software firms, payment processors and other companies formed "one long daisy chain of correlated bets on white-collar productivity growth" that AI is poised to disrupt. [...] Shares in DoorDash also veered 6.6% lower Monday after Citrini's Substack note called the delivery app a "poster child" for how new tools would upend companies that monetize interpersonal friction. In the research firm's scenario, AI agents would help both drivers and customers navigate food deliveries at much lower costs.

Panasonic is handing over the manufacturing, marketing, and sales of its TVs to Shenzhen-based Skyworth, effectively exiting in-house TV production. Ars Technica reports: Skyworth is a Shenzhen-headquartered TV brand. The company claims to be "a top three global provider of the Android TV platform." In July, research firm Omdia reported that Skyworth was one of the top-five TV brands by sales revenue in Q1 2025; however, Skyworth hasn't been able to maintain that position regularly. Panasonic made its announcement at a "launch event," FlatpanelsHD reported today. During the event, a Panasonic representative reportedly said: "Under the agreement the new partner will lead sales, marketing, and logistics across the region, while Panasonic provide expertise and quality assurance to uphold its renowned audiovisual standards with full joint development on top-end OLED models."

Panasonic also said that it will provide support "for all Panasonic TVs sold up to March 2026 and all those available from April." Skyworth-made Panasonic TVs will be sold in the US and Europe. In the latter geography, the companies are aiming for double-digit market share. [...] The news means there's virtually no TV production happening in Japan anymore, as other Japanese companies, like Sharp, Toshiba, Hitachi, and Pioneer, have already exited TV production. Earlier this year, Sony announced that it was ceding control of its TV hardware business to TCL.

The first fiber-optic cable ever laid across an ocean -- TAT-8, a nearly 6,000-kilometer line between the United States, United Kingdom, and France that carried its first traffic on December 14, 1988 -- is now being pulled off the Atlantic seabed after more than two decades of sitting dormant, bound for recycling in South Africa.

Subsea Environmental Services, one of only three companies in the world whose entire business is cable recovery and recycling, began the operation last year using its new diesel-electric vessel, the MV Maasvliet, and had already brought 1,012 kilometers of the cable to the Portuguese port of Leixoes by August.

TAT-8, short for Trans-Atlantic Telephone 8, was built by AT&T, British Telecom, and France Telecom, and hit full capacity within just 18 months of going live. A fault too expensive to repair took it out of service in 2002. The recovered cable is being shipped to Mertech Marine in South Africa, where it will be broken down into steel, copper, and two types of polyethylene -- all commercially valuable, especially the high-quality copper at a time when the International Energy Agency projects global shortages within a decade.