An anonymous reader shares a report: Panasonic will undertake a major restructuring across a range of its business, including consumer electronics, cutting 10,000 jobs globally, as the Japanese company plans to streamline, spinning out struggling divisions in hopes of reversing its dwindling market share and fending off fierce Chinese competition. Panasonic did not say which businesses it intended to shrink. The company expects to book structural reform costs of roughly $900 million this business year. Panasonic ended the fiscal year

Read more of this story at Slashdot.

An anonymous reader shares a report: Major tech companies lobbying to salvage a tax deduction for research and development are warning they may pull back from high-profile pledges of new US investments if Congress doesn't fully reinstate the break. Big tech companies have pledged more than $1.6 trillion in investments in the US since Donald Trump took office, promising to build factories and data centers in alignment with Trump's push to build in America. But industry representatives are signaling those promises will be imperiled if Congress doesn't fully reinstate the R&D tax deduction, which was pared back to help offset the massive cost of President Donald Trump's 2017 bill. At the time, it was estimated that limiting the provision would temporarily raise about $120 billion from 2018 to 2027. "A lot of those announcements are predicated on an expectation the administration and Congress will partner together on reinstating those R&D provisions," said Jason Oxman, president of the Information Technology Industry Council, a trade group that includes among its members Amazon, Apple, Anthropic, Alphabet, and IBM. Lobbyists representing tech companies that announced US investments have made similar claims to congressional aides and lawmakers, according to people familiar with the conversations.

Read more of this story at Slashdot.

The specialized role of prompt engineering, not long ago heralded as a promising new career path in AI, has virtually disappeared just two years after its emergence. Many companies are now considering strong AI prompting a standard skill rather than a dedicated position, Fast Company reports, with some firms even deploying AI systems to generate optimal prompts for other AI tools. "AI is already eating its own," Malcolm Frank, CEO of TalentGenius, told the publication. "Prompt engineering has become something that's embedded in almost every role, and people know how to do it. It's turned from a job into a task very, very quickly." The prompt engineer's decline serves as a case study for the broader AI job market, where evidence suggests AI is primarily reshaping existing careers rather than creating entirely new ones. Further reading: 'AI Prompt Engineering Is Dead.'

Read more of this story at Slashdot.

Researchers are sounding alarms about the proliferation of AI-generated content -- dubbed "slop" -- that may be overwhelming the internet's human-created material. Fil Menczer, distinguished professor of informatics at Indiana University, who has studied social bots since the early 2010s, is now expressing serious concern about generative AI's impact. "Am I worried? Yes, I'm very worried," he told Bloomberg. Another research from Georgetown University found over 100 Facebook pages with millions of followers using AI-generated images for scams. According to Tollbit, a company that helps publishers get compensated when their sites are scraped, web scraping volume doubled from Q3 to Q4 2024, causing significant strain on sites like Wikipedia during high-traffic events. The situation creates a dangerous feedback loop where AI content is generated to please AI recommendation systems, potentially marginalizing human creators. Jeff Allen of the Integrity Institute told Bloomberg this resembles "the algae bloom that can blow up and suffocate the life you would want to have in a healthy ecosystem."

Read more of this story at Slashdot.

An anonymous reader quotes a report from BleepingComputer: Education giant Pearson suffered a cyberattack, allowing threat actors to steal corporate data and customer information, BleepingComputer has learned. Pearson is a UK-based education company and one of the world's largest providers of academic publishing, digital learning tools, and standardized assessments. The company works with schools, universities, and individuals in over 70 countries through its print and online services. In a statement to BleepingComputer, Pearson confirmed they suffered a cyberattack and that data was stolen, but stated it was mostly "legacy data." "We recently discovered that an unauthorized actor gained access to a portion of our systems," a Pearson representative confirmed to BleepingComputer. "Once we identified the activity, we took steps to stop it and investigate what happened and what data was affected with forensics experts. We also supported law enforcement's investigation. We have taken steps to deploy additional safeguards onto our systems, including enhancing security monitoring and authentication. We are continuing to investigate, but at this time we believe the actor downloaded largely legacy data. We will be sharing additional information directly with customers and partners as appropriate." Pearson also confirmed that the stolen data did not include employee information. The education company previously disclosed in January that they were investigating a breach of one of their subsidiaries, PDRI, which is believed to be related to this attack. BleepingComputer also notes that threat actors breached Pearson's developer environment in January 2025 using an exposed GitLab access token, gaining access to source code and hard-coded credentials. Terabytes of sensitive data was stolen from cloud platforms and internal systems. Despite the potential impact on millions of individuals, Pearson has declined to answer key questions about the breach or its response.

Read more of this story at Slashdot.

Facing deep staffing cuts, the IRS plans to lean heavily on AI to maintain tax collection efforts, with Treasury Secretary Scott Bessent stating that smarter IT and the "AI boom" will offset reductions in revenue enforcement staff. The Register reports: When asked by Congressman Steny Hoyer (D-MD) whether proposed reductions in the IRS's IT budget, along with plans to cut additional staff, would affect the agencies ability to collect tax revenue, Bessent said it wouldn't, thanks to the current "AI boom." "I believe through smarter IT, through this AI boom, that we can use that to enhance collections," Bessent told Hoyer and the Committee (24:29 into the video linked [here]). "I expect collections would continue to be very robust as they were this year." Bessent's comments didn't explain how the IRS intends to deploy AI. Given how much it has slashed its enforcement staff since Trump took office, the agency definitely needs to do something. [...] Bessent's comments didn't explain how the IRS intends to deploy AI. Given how much it has slashed its enforcement staff since Trump took office, the agency definitely needs to do something. "There is nothing that shows historically that bringing in unseasoned collections agents will result in more collections," Bessent told the Committee. "IRS already uses AI for business functions including operational efficiency, compliance and fraud detection, and taxpayer services," the agency told The Register. "AI use cases must follow all relevant IRS privacy and security policies."

Read more of this story at Slashdot.

Instagram's AI chatbots are masquerading as licensed therapists, complete with fabricated credentials and license numbers, according to an investigation by 404 Media. When questioned, these user-created bots from Meta's AI Studio platform provide detailed but entirely fictional qualifications, including nonexistent license numbers, accreditations, and practice information. Unlike Character.AI, which displays clear disclaimers that its therapy bots aren't real professionals, Meta's chatbots feature only a generic notice stating "Messages are generated by AI and may be inaccurate or inappropriate" at the bottom of conversations.

Read more of this story at Slashdot.

schwit1 shares a report from Behind The Black: Almost immediately after India's government issued this week new tightened regulations for allowing private satellite constellations to sell their services in India, it also apparently completed negotiations with SpaceX to allow it to sell Starlink in India based on these rules. Business Today reports: "According to sources, the DoT [Department of Transportation] granted the LoI [Letter of Intent] after Starlink accepted 29 strict security conditions, including requirements for real-time terminal tracking, mandatory local data processing, legal interception capabilities, and localisation of at least 20% of its ground segment infrastructure within the first few years of operation. Starlink's nod came amid heightened national security sensitivities, coinciding with India's pre-dawn Operation Sindoor strikes on terror camps across the border in response to the Pahalgam massacre. However, DoT officials clarified that the decision to approve Starlink was independent of these military developments." At the moment SpaceX's chief competitors, OneWeb and Amazon's Kuiper constellation, have not yet obtained the same permissions. This allows SpaceX to grab a large portion of the market share in India before either of these other companies.

Read more of this story at Slashdot.

Alexander Mashinsky, the former CEO of Celsius Network, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud, a dramatic fall for the leader of a company once hailed as the "bank" of the crypto industry. From a report: Standing before U.S. District Judge John G. Koeltl in Manhattan's Southern District, Mashinsky faced the consequences of what prosecutors described as a sweeping scheme to defraud investors. In December he pleaded guilty to commodities fraud and a scheme to manipulate the Celsius token. His sentencing took place in courtroom 14A at 500 Pearl Street -- a venue that has seen several crypto executives-turned-felons. Mashinsky's legal troubles began in 2023 when he was arrested on charges of securities, commodities, and wire fraud, just as Celsius reached a $4.7 billion settlement with the Federal Trade Commission -- one of the largest in the FTC's history.

Read more of this story at Slashdot.

An anonymous reader quotes a report from CNN: The National Oceanic and Atmospheric Administration announced Thursday its well-known "billion-dollar weather and climate disasters" database "will be retired," a move that will make it next to impossible for the public to track the cost of extreme weather and climate events. The weather, climate and oceans agency is also ending other products, it has recently announced, due in large part to staffing reductions. NOAA is narrowing the array of services it provides, with climate-related programs scrutinized especially closely. The disasters database, which will be archived but no longer updated beyond 2024, has allowed taxpayers, media and researchers to track the cost of natural disasters -- spanning extreme events from hurricanes to hailstorms -- since 1980. Its discontinuation is another Trump-administration blow to the public's view into how fossil fuel pollution is changing the world around them and making extreme weather more costly. [...] The database vacuums loss information from throughout the insurance industry, among other public and private sources. According to the database, there were 403 weather and climate disasters totally at least $1 billion in the United States since 1980, totaling more than $2.945 trillion. As of April 8, there had not been any confirmed billion-dollar disasters so far in 2025, but it lists four events as having the potential to make the tally, including the Los Angeles-area wildfires in January. Between 1980 and 2024, there were nine such disasters on average each year, though in the past five years, that annual average has jumped to 24. The record for one year was 28 events in 2023. "What makes this resource uniquely valuable is not just its standardized methodology across decades, but the fact that it draws from proprietary and non-public data sources (such as reinsurance loss estimates, localized government reports, and private claims databases) that are otherwise inaccessible to most researchers," Jeremy Porter, head of climate implications for and co-founder of First Street, a climate risk financial modeling firm, told CNN via email. "Without it, replicating or extending damage trend analyses, especially at regional scales or across hazard types, is nearly impossible without significant funding or institutional access to commercial catastrophe models."

Read more of this story at Slashdot.