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A Chinese Zhuque-2E rocket's upper stage broke apart shortly after last week's June 9 launch, likely creating 100 to 150 pieces of debris in a busy region of low-Earth orbit crossed by the ISS and lower-altitude Starlink satellites. Most fragments should reenter within months because of atmospheric drag, but experts say the incident adds to a worsening trend as China leaves more large rocket bodies in orbit while expanding its launch rate. Ars Technica reports: The US Space Force confirmed the breakup event in a post on space-track.org, a website used by the military to distribute orbit data to the public. "The tracked pieces are being incorporated into routine conjunction assessment to support spaceflight safety," the Space Force wrote in an advisory. "There are currently no threats to human spaceflight. Analysis is ongoing." So far, the Space Force has not added any of the debris fragments to the official catalog of human-made space objects. [...] The bad news is that the Zhuque-2E's breakup is the latest chapter in China's growing contribution to the space junk problem. After decades of leaving spent rocket bodies in orbit, launch operators in most countries now reserve enough fuel to steer their upper stages back to Earth for controlled reentries. Rocket bodies attributed to Russia and the former Soviet Union account for the bulk of the launch-related debris in long-lived orbits, followed by China and the United States. But the Russian and American numbers are declining or holding steady, while the mass of Chinese rocket bodies in these long-lived orbits has grown by more than 150 percent in the past five years, according to a new analysis by Space Domain Awareness expert Jim Shell. The increase comes as China ramps up launches of its own megaconstellations designed to compete with SpaceX's Starlink. Rocket bodies are the most concerning sources of space debris because they are typically fairly large in size and mass, often with residual propellant and high-pressure gases that can trigger an explosion. There is no way to maneuver or dispose of them if left abandoned in orbit after releasing their payloads. McKnight characterized the recent breakup of the Zhuque-2E rocket as a "slight space safety issue," but the trend is not good. China's Long March 6A rocket has an especially bad track record, including two explosions that littered a higher-altitude low-Earth orbit with more than 1,000 debris fragments, where they will remain for decades or centuries. "Three of the top four breakup events in LEO are of Chinese origin, with two of these events being from Chinese (rocket body) explosions in the last four years," McKnight said.

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16 Jun 2026 7:00am GMT

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16 Jun 2026 5:23am GMT

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16 Jun 2026 4:58am GMT

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16 Jun 2026 4:46am GMT

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16 Jun 2026 4:25am GMT

An anonymous reader quotes a report from TechCrunch: A group made up of dozens of cybersecurity experts, including several well-known veterans of the industry, published an open letter to the U.S. government asking it to lift the export control order on Anthropic's Fable and Mythos models. According to the open letter, "this action has taken the best models away from [cybersecurity] defenders" who now can't use the models to find vulnerabilities and make their software and products more secure. "To pull the best capabilities away from defenders without a good reason when our adversaries are rapidly advancing is dangerous," read the letter. On Friday, the U.S. government ordered Anthropic to limit the export of Fable and Mythos, citing national security concerns, without explaining the specific reasons behind the order, according to Anthropic. In response, the company suspended access to the models to all users worldwide. As of this writing, the letter is signed by 76 cybersecurity experts, including Alex Stamos, former Facebook chief of security; Casey Ellis, the founder bug bounty platform Bugcrowd; Jon Callas, famed cryptographer and former Apple security design and architecture manager; Paul Vixie, computer scientist ; Dino Dai Zovi, the former head of applied security engineering at Block; Katie Moussouris, the founder of Luta Security; and Rachel Tobac, the CEO of the security awareness training firm SocialProof Security. [...] Anthropic said that the White House export control order may have been based on a report that there was a method to bypass -- or jailbreak -- Fable to unlock its powerful Mythos-level capabilities. According to Katie Moussouris, one of the signatories of the open letter, the method was demonstrated by Amazon researchers in a paper that is not public but that she has reviewed. But Moussouris said in a blog post that the paper did not actually demonstrate a real jailbreak. Instead, she wrote, the researchers simply asked Fable to fix open source code with public and known vulnerabilities along with "deliberately planted vulnerabilities," after the model initially refused to "review the code for security issues." "The behavior described in the paper cannot meaningfully be fixed, and any attempt would only weaken the model for defense," Moussouris wrote. "Defenders need to be able to ask AI to fix the bugs in a file, explain why the fix matters, and write tests that confirm the patch works. That is not a guardrail bypass. It is the most valuable thing an AI model can do for defensive security: executing the find, fix, and test loop defenders run every day." Moussouris' critique was echoed in the open letter, which also said that the group of experts believe the model capabilities in the Amazon paper "can be replicated" on OpenAI's GPT-5.5, on Anthropic's own publicly available Claude Opus 4.8 and Sonnet, "and even Chinese models like Kimi 2.7." Moussouris told TechCrunch that "the bugs used to demonstrate the techniques in the paper can be found using the other models. The method in the paper is a guardrail bypass technique. Other models that lack the Fable guardrails often won't refuse the straightforward request to look for security bugs, so they don't need a bypass." The letter also asked for transparently and fairly enforced regulations created by "a democratic rule-making process" that are based on scientific research done by industry and academic experts, and "used only to the minimal extent necessary to ensure the safety of the American public."

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16 Jun 2026 3:30am GMT

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16 Jun 2026 2:00am GMT

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16 Jun 2026 12:28am GMT

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16 Jun 2026 12:13am GMT

Isar Aerospace is not hurting for money, but it is sorely lacking in the currency of flight experience.

15 Jun 2026 11:40pm GMT

The Federal Data Center Enhancement Act (FDCEA) is set to expire in September without an apparent replacement, potentially ending requirements for federal agencies to report on data-center efficiency, resilience, energy and water use, and contractor sustainability. Wired reports: Despite the public backlash, the Office of Management and Budget (OMB), the government agency that sets guidance for how agencies implement policies in line with the president's agenda, is not providing any plans for how federal agencies should manage the sunset or continue to implement reporting beyond the timeline of the law. This, current and former workers at OMB and the General Services Administration (GSA) say, signals that the Trump administration is set to take an even more hands-off approach to data center oversight and regulation. A replacement for the requirements laid out in FDCEA would, in other administrations, have been in the works for months ahead of its expiration. An employee with the GSA, the agency that oversees the government's IT services and helps to implement the FDCEA, says that the lack of any sort of plan is highly uncommon. The employee spoke to WIRED on the condition of anonymity for fear of retaliation. "Never in the history of data center policies has a policy expired without another one having been painstakingly worked on for three years behind the scenes," says the GSA employee. "The technology has changed so much it's not about getting everything right, it's about doing the best they can and updating to a new policy. They claim they're going to make sure private companies pay their fare share, but they haven't explained how they'll do that." [...] There has been a burst of data-center-related legislation introduced in Congress this year, from bills that mandate environmental reviews of data centers to bills designed to protect local moratoriums. However, it appears that none of these bills are designed to address the requirements in FDCEA, nor do they specifically address federally run or leased data centers. [...] A search of reginfo.gov, the OMB website that contains reports on the president's Unified Agenda, also turns up nothing for the FDCEA. "By letting this expire, OMB is going to enter into this new age of prioritizing rapid AI development over any sort of centralized control or rigorous standards," says the anonymous GSA employee who spoke to Wired. "In the absence of a new policy from OMB, [GSA] has no directive or measurable standards with which to point agencies towards managing data centers efficiently."

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15 Jun 2026 11:00pm GMT

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15 Jun 2026 10:37pm GMT

alternative_right shares a report from The Hill: The FBI released an urgent security warning to the public about a fast-acting scam targeting Microsoft 365 users on Teams, Outlook and OneDrive. The agency warned that the hacking platform Kali365 seeks out OAuth device codes, allowing scammers to sneak past multi-factor authentication codes, and without the need for a password, to access Microsoft accounts. Scammers will send a phishing email impersonating a trusted document-sharing service with a device code and instructions on how to verify, according to the FBI. "Kali365 lowers the barrier of entry, providing less-technical attackers access to AI-generated phishing lures, automated campaign templates, real-time targeted individual/entity tracking dashboards, and OAuth token capture capabilities," the FBI stated. The platform is sold to scammers with a $250 per month subscription. The FBI, which first detected Kali365 in April, described the hacking platform as an "emerging Phishing-as-a-Service platform." Hackers with limited skills can access advanced phishing tools through the platform, according to NordPass.

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15 Jun 2026 10:00pm GMT

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15 Jun 2026 9:57pm GMT

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15 Jun 2026 9:10pm GMT

Despite continued benefits, anti-vaccine rhetoric has driven down vaccination.

15 Jun 2026 9:04pm GMT

Google is removing Chrome's last remaining workarounds for Manifest V2 extensions, effectively ending support for legacy ad blockers such as the original uBlock Origin. 9to5Google reports: CyberNews points out a Chromium commit that removes support for the "kExtensionManifestV2Disabled" flag, which is referred to as "dead code" seeing as Chrome no longer supports Manifest V2 extensions. This removal acts as the final stop for many Manifest V2-based ad blocker extensions that were still in use today -- the flag was effectively a loophole to continue using these extensions. A Googler on the commit explains: "MV2 extensions are no longer allowed in any supported version of Chrome, and we are removing support for them and the associated functionality. We won't be able to provide / maintain this functionality indefinitely due to the complexity and tech debt, as well as the security risks it entails (we've actually found a number of bugs that are specific to MV2 lately). Of course, other browsers can continue supporting these if they so desire." This will also impact other Chromium-based browsers, though the comment notes that "other browsers can continue supporting these if they so desire." Neowin points out that Microsoft Edge and Opera are likely to follow suit. Chrome 150, set to be released later this month, will remove this flag, while other leftover bits of Manifest V2 will be removed in the v151 release.

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15 Jun 2026 9:00pm GMT

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15 Jun 2026 8:14pm GMT

Critics say bans push kids to riskier alternatives and can be beaten with VPNs.

15 Jun 2026 8:14pm GMT

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15 Jun 2026 8:12pm GMT

An anonymous reader quotes a report from Ars Technica: A decade ago, AMD added a protection to its high-end CPUs to protect them against cold boot attacks and other types of physical exploits that siphon sensitive data out of the connected memory chips. Short for Transparent Secure Memory Encryption, TSME encrypts the entire contents stored in memory, making the data useless to physical attackers. Over time, AMD added TSME to lower-end processors, including the consumer version of its Ryzen chips, a CPU that costs less than the Pro version. Over the years, users of these lower-end chips have gotten used to the added security. Recently and without warning or notice, this lower-end line of AMD chips suddenly dropped the protection, and did so in a way that was impossible to detect on Windows machines and required a fair amount of technical work when using Linux. AMD has yet to say why TSME worked on these CPUs, or even to confirm the change. AMD declined to answer questions sent by email other than to say TSME "is a security feature only applied to PRO CPUs as part of AMD PRO Technologies." The statement is the first known time the chipmaker has explicitly made this restriction public. [...] There's no indication that AMD ever advertised or marketed TSME as being available in consumer CPUs. AMD has long said that a related memory protection, Secure Memory Encryption (SME), is available only in the Pro and Epyc CPU tiers. SME is OS-managed. It uses a single key and allows the OS to selectively encrypt individual memory pages. TSME is firmware-managed. It encrypts all RAM with no OS involvement. When active, it provides protection against physical attacks, including cold boot exploits, DRAM interface snooping, and memory module removal. It activates silently when enabled in the BIOS, making it the more practically useful of the two protections. Ben Kilpatrick, a self-described "privacy-conscious Linux hobbyist," discovered that TSME had stopped working on his consumer Ryzen processor despite remaining enabled in the BIOS. He spent months investigating, persuaded MSI engineers to test multiple CPUs, motherboards, and firmware versions, and filed a public AMD bug report that traced the change to newer AGESA firmware apparently disabling TSME on consumer chips while retaining it on Pro and EPYC models. "AMD engineers' comments, such as those mentioned above, and the years of TSME working just fine in the lower-cost tier processors, have understandably conditioned Kilpatrick and other users to reasonably regard it as an expected part of the chip package," reports Ars Technica. "AMD quietly removing it and providing no acknowledgment or explanation strikes these users as something of a betrayal." Joe Fitzgerald, an expert in silicon-level security, said in an interview: "They could have not realized they did it leading to their cagey responses, or they could have done it intentionally and tried to get away with it, leading to the same cagey responses. But I really feel like an explanation should be in order, even if it was 'TSME was never supposed to be supported. We did ship some firmwares that erroneously enabled it, but you shouldn't use them since we can't guarantee it'll work properly.'"

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15 Jun 2026 8:02pm GMT

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15 Jun 2026 8:00pm GMT

Debt sale set to test investor appetite for further exposure to AI sector amid a deluge of borrowing.

15 Jun 2026 7:07pm GMT

Longtime Slashdot reader necro81 writes: The heavily promoted, $499 T1 "Trump Phone" was originally said to be "Made in the USA" and ship in September 2025. Later, that was downgraded to "Assembled in the USA." Given the Trump Organization's lack of engineering or supply chain expertise, many assumed the "T1" would just be a private-label phone made by someone else. After a number of delays, the first phones are finally shipping. iFixit has performed a teardown and concluded that the T1 is a just gold-painted 2024 HTC U24 Pro -- a device from a Taiwanese company, probably using mainland China design and supply chains. In collaboration with NBC News, the iFixit team examined both phones using CT scans, side-by-side teardowns, and even reassembled a working T1 using a U24 Pro main board. As for "assembled in the USA," that may be true, in the same sense that your phone's repairman can "assemble" a phone from a handful of subassemblies sourced from someone else. Or it may have been assembled in Guangdong, China like the other U24 Pros. iFixit sums it up: "What you have is not an 'American-Proud Design,' but a phone designed in China, made in China, with the vast majority of parts sourced from China. I'm failing to find any stirring of American pride within me. I've certainly felt it before, so I can confirm that it is absent at this time." Quinn Nelson of Snazzy Labs on YouTube also published a comprehensive video of his experience ordering, unboxing, and tearing down the phone. "From pre-order emails landing in Gmail spam thanks to botched DMARC records, to paying for the $47.45 Trump Mobile 47 Plan over the phone, the entire buying experience was a disaster worthy of its own review," writes Nelson.

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15 Jun 2026 7:00pm GMT

The rocket's breakup likely generated 100 to 150 new pieces of space junk.

15 Jun 2026 6:55pm GMT

Fox plans to take over Roku's streaming hardware, OS, and FAST services.

15 Jun 2026 6:29pm GMT

Longtime Slashdot reader schwit1 shares a report from NBC News: British Prime Minister Keir Starmer has announced a sweeping ban on social media use for those under 16, joining other countries around the world seeking to protect children online. "It's a big step for our country," Starmer said in a recorded video message released Monday. "Social media is making our children unhappy and unsafe, and as a parent, as much as a Prime Minister, I just can't let that go on anymore," he added. The ban will include social platforms like Snapchat, TikTok, YouTube, Instagram, Facebook and X, while there is no intention for messaging services like WhatsApp and Signal to be included, the government said in a release. [...] Starmer's government called Monday's announcement a "landmark" move, saying the new measures would be brought to Parliament before Christmas, with protections expected to come into force next spring. Beyond the blanket social media ban, the restrictions will also include blocks on functions such as livestreaming and stranger communication with children for under-16s, it added. "It's not an easy thing to do. I'll be honest about that," Starmer said. "We haven't rushed into it. We've looked carefully at the evidence, and we'll have to adapt our approach as technology changes, learn from other countries which are taking similar steps." He went on to say that it will face resistance from some of the most powerful companies in the world. "But we will take them on, and we will win, because the need for action could not be any clearer."

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15 Jun 2026 6:00pm GMT

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15 Jun 2026 5:56pm GMT

AMD's stripping of TSME from consumer CPUs appears to be a deliberate, covert move.

15 Jun 2026 5:55pm GMT

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15 Jun 2026 5:52pm GMT

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15 Jun 2026 5:29pm GMT

Fox is buying Roku for $22 billion, combining Fox's sports, news, entertainment, Tubi, and Fox One offerings with a streaming platform that reaches about 100 million people. The companies say the merger would create the "third-largest player in US television by share of viewing," while Fox insists Roku will remain open to competing apps after the deal closes. CNN reports: Fox has dabbled in streaming over the past few years -- finally launching its Fox One competitor last August -- but has lacked a serious streaming business with the ability to compete in a space dominated by YouTube, Netflix, Amazon, Disney+, HBO Max, Paramount+ and Peacock. With CNN parent company Warner Bros. Discovery receiving initial US regulatory approval to combine with Paramount, Fox's purchase of Roku became more urgent. [...] The deal is expected to close in the first half of 2027 with the companies forecasting $400 million in savings. "This is a defining moment for Fox, and a natural extension of the deliberate and focused strategy we have been executing for nearly a decade," said Fox CEO Lachlan Murdoch. "Today, we take the next step: bringing together the most valuable live content portfolio in video consumption with the preeminent streaming platform through which America watches it." Murdoch said Roku will continue to offer competing apps. "It's essential that Roku remain open and partner-friendly business. We don't see that changing at all."

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15 Jun 2026 5:00pm GMT

Remembering the ups and downs of the Intel Mac era as it finally winds down.

15 Jun 2026 4:32pm GMT

Will the Sun roast Earth's plants or starve them?

15 Jun 2026 4:28pm GMT

BrianFagioli writes: Google CEO Sundar Pichai delivered Stanford University's 2026 commencement address, but despite leading one of the companies at the center of the AI boom, he spent very little time discussing artificial intelligence. Instead, the speech focused on optimism, working on hard things, and following your interests. The omission is notable given how many graduates are entering a job market being reshaped by AI. While Pichai briefly referenced a "rewiring of technology," he largely avoided discussing AI's impact on careers, automation, or the future of work. Was the Google CEO intentionally steering clear of a controversial topic, or was he simply trying to deliver a timeless commencement speech rather than a technology-focused one? Hyping AI during a commencement speech has been a surefire way to get boos -- unless you're Apple cofounder Steve Wozniak, who reminded college graduates that they already posses "AI" of their own: "actual intelligence." You can read Pichai's commencement speech here. "If you're not from here, California is advertised as being really lush and green. But when I looked out the window, it was more... brown," said Pichai during his speech. "I guess I said this out loud, I'm not sure why. My host, Mrs. Jane Earl, gently corrected me. 'We prefer to call it golden,' she said.And that's exactly what I mean by choosing optimism. It's about reframing for the positive: Where I saw brown, she saw golden. This slight change of perspective had a huge ripple effect on how I thought about the world around me."

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15 Jun 2026 4:00pm GMT

Armed with a ton of new upgrades, Ferrari came to Spain full of confidence.

15 Jun 2026 3:25pm GMT

An anonymous reader quotes a report from The Guardian: Voters in Switzerland have rejected an unprecedented far-right proposal to cap the country's population at 10 million in a divisive referendum dubbed "the Swiss Brexit." Some 54.79% of voters were against the proposal by the Swiss People's party (SVP) and 45.21% were in favor. Turnout was 58.86%. A different outcome would have obliged the Swiss government to limit the population, currently 9.1 million, to 10 million by 2050, enacting tough restrictions on family reunification, residency permits and asylum if the number had reached 9.5 million before that date. Under the proposals, if the threshold of 10 million people was exceeded before 2050, the Swiss government would have been obliged to withdraw from the country's free movement agreement with the EU -- ending its access to the bloc's single market. The SVP, which has the most seats in parliament, has for years fueled anti-immigrant sentiment, especially concerning workers from neighboring EU countries. The party had insisted that a so-called "sustainability initiative" was needed to address the increase in population, which it argued was putting pressure on Swiss infrastructure, housing, social programs, natural resources and way of life. "Voters were worried about negative consequences for Switzerland's relationship with the EU and for the labour market," said Urs Bieri, from the polling firm GFS Bern. "People are also worried about things like having enough care and health workers. Also, there's a feeling that in the current international environment it's not sensible for a small country to do this."

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15 Jun 2026 3:00pm GMT

This has been a persistent, behind-the-scenes dispute between NASA and Roscosmos.

15 Jun 2026 1:54pm GMT

Futurism reports: in a new essay for The Chronicle Higher Education, university-level literature and writing instructor Tyler Jagt recalls how not a single one of his students could get through an assigned 20-page article, something that he had read "without complaint" as an undergraduate a decade ago. One student confessed that the reason they didn't finish was that they kept losing track of what the paper was about. And there's no doubt that they're not alone. Jagt cites the 2024 National Assessment of Educational Progress reading assessment results released last year. It showed that 12th grade reading scores were at the lowest level since the assessment began in 1992. Nearly a third of those 12th graders scored below the assessment's "basic" level in reading, meaning they likely "cannot draw general conclusions based on concepts presented explicitly in a text." Younger children aren't better off: a recent report from the Annie E. Casey Foundation found that 70 percent of fourth graders, or around two million kids, can't read at a proficient level. "What I am seeing in my classroom is no longer a hunch," Jagt writes. "There is a measurable, generational collapse in sustained reading and writing, and the academy is responding to it with improvisation and exhaustion rather than the structural overhaul it requires...." Jagt cites an MIT study that found users who used ChatGPT during cognitive tasks like writing essays showed lower brain activity in areas associated with creativity compared to students who only used a traditional Google Search or didn't lookup information at all. An astonishing 83 percent of the AI users couldn't quote a single line from the essays they had just written, and capstoning the alarm, the brain activity in the AI users didn't return to normal when they were later asked to write without AI... On our pernicious pocket devices, Jagt touted a 2017 study that found that simply having a smartphone physically nearby - even if it's face down or turned off - reduced available cognitive capacity and impaired cognitive functioning. "So when a student tells me they 'kept losing track' of a 20-page article, I have to acknowledge that they may be describing a measurable neurological condition," Jagt wrote. "The neural pathways that support sustained attention are built by use, and they atrophy without it. Your body is a use-it-or-lose-it system, and the brain is no exception." Sunday an "Ask Reddit" question went viral - drawing over 11,000 upvotes - for its question to any teachers reading Reddit. "Is the 'Gen Alpha can't read (write, or do math ext)' crisis real? If so how bad is it?" Some responses... "The run of the mill non-honors kids have gotten really bad," posted one high school teacher. "Very low tolerance for working hard, very short attention span, very short stamina for active listening... It's the group that is the most worrying because a decade ago, I'd estimate that maybe 10-20% of kids at a school are like this, and now it's probably 40-50% of each graduating class... Then there's of course the bottom 10-20% kids (excluding the special ed/severe/moderate learning disability kids). This is what the viral videos are about and it's not an exaggeration. They can't read, write, or do very basic math like multiplication or division as a 17 year old." "This is the first year the MAJORITY of my class cheated on their first essays...." posted one high school English teacher. "It was also the first year a kid yelled 'We don't care about your fucking books, Miss!' while I was in front of the class presenting books they might be interested in for their book reviews... Almost all of them cheated on the book review they had to write." Thanks to long-time Slashdot reader schwit1 for sharing the article.

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15 Jun 2026 11:34am GMT

"Battered by years of mass layoffs, California tech workers were hoping the job market would rebound this year," reports the Los Angeles Times. "But things are getting worse." The class divide is widening in Silicon Valley as a tiny group of employees is landing unprecedented packages for AI skills, while many others struggle to find work. The have-nots are doing everything that used to guarantee great jobs - refreshing resumes, optimizing LinkedIn profiles and doing interviews - but companies are much more picky these days. The tech jobless are rethinking their lives. Some are taking pay cuts, others are leaving tech. Some are going back to study or launch startups. Some have retired.... Since 2022, more than 815,500 tech workers have been laid off, according to Layoffs.fyi, a website that tracks job cuts. The tsunami of pink slips surged in 2023, when companies that had gone on hiring sprees during the COVID-19 pandemic began to cut back. From January to April, U.S. tech employers announced 85,411 job cuts this year, up 33% from the same period last year, according to global outplacement and executive coaching firm Challenger, Gray & Christmas. The Public Policy Institute of California estimates that the number of information jobs - which includes jobs in hard-hit Hollywood as well as tech - tumbled 17% between the middle of 2022 and this February. The San Francisco Bay Area has been hardest hit, the institute said in a recent report, with the number of jobs declining by 0.4%, compared with 7.5% growth over a similar time span before COVID-19 slammed into the U.S. economy. Tech layoffs are also spilling over into other industries. Automaker General Motors laid off roughly 600 workers in its information technology department, and Walmart is reportedly laying off or relocating roughly 1,000 workers in its technology and products teams. Recruiters say companies have become much more selective, requiring AI skills, combining different positions and interviewing more people for each job. "You're seeing elongated hiring cycles," said Robert Lucido, senior director of strategic advisory at Magnit, a California company that helps tech giants and other businesses manage contractors, freelancers and other contingent workers. "There's more opportunity to fill the need that they truly want." Paul Flaharty, district president at staffing firm Robert Half in Los Angeles, said companies are laying off workers, but also creating new roles tied to AI initiatives. "For individuals that are displaced, it's really important that they find ways to upskill themselves so that they can make themselves as attractive as possible for these new jobs that are being created," he said. Kira Martins was already taking on more work in a small team at Snap - the parent company of disappearing messaging app Snapchat - when she was laid off in April. The company said the layoffs were to cut costs as it focuses on profitability, noting how employees are using AI to "reduce repetitive work, increase velocity, and better support our community, partners, and advertisers...." Martins, a 36-year-old Los Angeles resident, views AI as a tool and is optimistic about finding her next role. People still need to decide how to use AI and check the work it generates, she said. "In tech, you want to be a first adopter, because if you don't move quickly, it's very easy to become irrelevant," she said. "Everyone's kind of hopping on the AI train." A former Google worker (laid off more than a year ago) says he's still job hunting, according to the article, and "he's learned it's not enough to just apply in this competitive market. Workers really need to network and leverage their connections to get seen by hiring managers and stand out." But when 64-year-old product manager Bruce Bowers lost his job at Oracle - along with thousands of others - he just started his retirement early.

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15 Jun 2026 7:04am GMT

"Asian stocks rallied Monday while oil prices tumbled," reports CNBC, "after the U.S. and Iran agreed to a peace deal aimed at ending nearly four months of conflict..." The strongest reaction was seen in energy markets. U.S. crude oil futures for July delivery were down 4.77% to $80.83 per barrel by 8:27 p.m. ET. Brent futures, the international benchmark, for August delivery traded about 4% lower to $83.77 per barrel. Asian equities surged. South Korea's Kospi jumped 5.1%, Japan's Nikkei 225 climbed 3.6%, and the broader Topix advanced 2.6%... The U.S. dollar index weakened 0.32% to 99.483, while the yield on the benchmark 10-year Treasury note fell 5 basis points to 4.423%, suggesting that investors were dialing back inflation concerns on easing energy prices. "The most immediate implication is a repricing of the inflation risk premium that markets have been carrying since the Strait closed," said Billy Leung, investment strategist at Global X ETFs... Besides safe-haven Treasurys, gold also rose. "Gold is the interesting outlier here," Leung said. "In a clean risk-on trade, gold should be selling off as the geopolitical premium unwinds, but it is holding bid around $4,300, which tells you the market is not fully trusting the deal yet." Spot gold prices were up almost 2% at $4,302.19 per ounce. That skepticism reflects lingering uncertainty around the agreement, which remains unsigned and subject to implementation risks. [Josh Gilbert, lead Asia Pacific analyst at trading platform eToro] cautioned that "the deal isn't actually signed until June 19th, the details are still thin, and this conflict has shown more than once that headlines can turn on a dime." Analysts at Commonwealth Bank of Australia also stressed that the oil outlook hinges on how quickly shipping and production can normalize. Vivek Dhar, head of commodities and sustainability research at CBA, expects Brent to fall to around $80 a barrel by year-end, assuming the Strait remains open and exports recover. However, he warned that damage to refining infrastructure, the presence of sea mines and uncertainty over tanker traffic could slow the return to normal operations. Even so, he said markets are likely to take comfort from the prospect that oil flows need only recover to around 60%-70% of pre-war levels to restore expectations of a global supply surplus. For investors, the biggest implication will likely be what cheaper energy means for inflation and central banks. Lower oil prices ease pressure on households and businesses while reducing the risk of a broader inflation resurgence just as major central banks enter a busy week of policy meetings. UPDATE: "A US official is rejecting Iran's assertion that it will receive billions of dollars in frozen funds before a planned 60-day negotiating period begins following Friday's signing of an agreement," reports CNN: The pushback came after Iran's deputy foreign minister, Kazem Gharibabadi, said the next phase of talks would depend on Washington first fulfilling several obligations, including releasing Iranian funds frozen abroad. The differing accounts underscore a significant gap between how the United States and Iran are describing what must happen before the next round of negotiations can move forward.

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15 Jun 2026 2:31am GMT

"As the use of artificial intelligence spreads across companies worldwide, it is relieving workers of tedious old chores but creating new ones," reports the Los Angeles Times. "Most people don't realize the amount of time that they're spending working on the tools to get the time savings that they're professing," said Paul Leonardi, Duca Family professor of technology management at UC Santa Barbara." Leonardi is one of the co-authors of the new study published by the Work AI Institute, whose contributors include academics from Stanford University and UC Berkeley. The institute is sponsored by AI company Glean... The research surveyed 6,000 digital workers across the United States, the United Kingdom, and Australia between December and January. The report found that we are in a phase of significant personal productivity gains, but few companies are translating these gains into revenue and business growth. While 75% of individuals reported a boost in productivity, only 13% of the organizations say they have seen significant business gains as a result of AI adoption, the survey found... The reason the boost in productivity sometimes leads to waste, Leonardi said, is the time people spend correcting the bot's work and gathering the right files, documentation, and tacit knowledge required for it to produce high-quality output. "It's pretty striking the amount of time and effort people are spending," Leonardi said. Most employees now spend over six hours a week of their workday babysitting their work chatbots, the survey said. There is a "thick, mostly invisible layer of human labor holding the whole thing together," the report said. The survey found that for every hour a worker spends getting useful output from AI, they spend roughly another hour making it usable. Of the total time workers spend interacting with AI each week, 37% goes to botsitting, 36% to actually using the tool to produce work. Part of the reason so much time disappears into botsitting is how often the tools fall short: Workers report that more than a third of AI sessions fail outright, requiring a full restart or substantial rework. Paradoxically, as more workers hand over bigger parts of their jobs to AI, they are offloading personal judgment and responsibilities to the bots. The survey found 41% of workers say they sometimes deliver AI-generated work they couldn't explain if asked... "I think what's happening with a lot of these Gen AI tools right now is we're essentially expecting individual contributors to act as managers," Leonardi said. "They're just managing these AI tools, AI agents, and we're expecting that they'll be able to produce way more, but we're not taking into account all of the work that actually goes into managing." This problem isn't likely to go away.

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