ChatGPT Customers Can Now Use AI To Edit DALL-E Images

Intel Discloses $7 Billion Operating Loss For Chip-Making Unit

Intel on Tuesday disclosed $7 billion in operating losses for its foundry business in 2023, “a steeper loss than the $5.2 billion in operating losses the year before,” reports Reuters. “The unit had revenue of $18.9 billion for 2023, down 31% from $63.05 billion the year before.” From the report: Intel shares were down 4.3% after the documents were filed with the U.S. Securities and Exchange Commission (SEC). During a presentation for investors, Chief Executive Pat Gelsinger said that 2024 would be the year of worst operating losses for the company’s chipmaking business and that it expects to break even on an operating basis by about 2027. Gelsinger said the foundry business was weighed down by bad decisions, including one years ago against using extreme ultraviolet (EUV) machines from Dutch firm ASML. While those machines can cost more than $150 million, they are more cost-effective than earlier chip making tools.

Partially as a result of the missteps, Intel has outsourced about 30% of the total number of wafers to external contract manufacturers such as TSMC, Gelsinger said. It aims to bring that number down to roughly 20%. Intel has now switched over to using EUV tools, which will cover more and more production needs as older machines are phased out. “In the post EUV era, we see that we’re very competitive now on price, performance (and) back to leadership,” Gelsinger said. “And in the pre-EUV era we carried a lot of costs and (were) uncompetitive.”

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Jon Stewart Claims Apple Wouldn’t Let Him Interview FTC Chair On His Podcast

Sara Fischer reports via Axios: Jon Stewart on Monday told Federal Trade Commission (FTC) Chair Lina Khan that Apple wouldn’t let him interview her for a podcast. “I wanted to have you on a podcast and Apple asked us not to do it,” “The Daily Show” host said to Khan, in reference to his former podcast that was an extension of his Apple TV+ comedy show “The Problem With Jon Stewart.” “They literally said ‘please don’t talk to her,’ having nothing to do with what you do for a living. I think they just… I didn’t think they cared for you is what happened,” he added during his conversation with Khan. “They wouldn’t let us do even that dumb thing we just did in the first act on AI. Like, what is that sensitivity? Why are they so afraid to even have these conversations out in the public sphere?”

Stewart returned to “The Daily Show” in February after leaving in 2015 as its executive producer and host on Monday evenings through the 2024 election cycle. Stewart’s Apple TV+ show ended late last year after Stewart and Apple executives parted ways over creative differences, including the comedian’s desire to cover topics such as China and AI, the New York Times reported.

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Bitcoin Tumbles $5,000 In 24 Hours As Interest Rates Jump

Bitcoin fell more than 4.76% on Tuesday to $66,134 amid rising Treasury yields and strength in the U.S. dollar. CNBC reports: On Monday morning, it was trading at about $70,000 before data came out showing growth in the manufacturing sector for the first time since September 2022 and investor bets on June rate cuts began to cool. Bitcoin is now off its all-time high, reached on March 14, by about 11%. Ether went down with it, losing 5.6% to trade at $3,240.27. Meanwhile, the 10-year U.S. Treasury yield hit its highest level of the year and the dollar, which has an inverse relationship with bitcoin, hit a five-month high.

Bitcoin’s move may have been exacerbated by a large bitcoin holder, or “whale,” who transferred more than 4,000 bitcoin to the Bitfinex exchange late Monday night. Data from CryptoQuant shows a spike in that exchange’s reserves — which typically signals a boost in selling activity — that coincides with the sudden drop in bitcoin price late Monday night. Stocks tied to the performance of bitcoin were dragged down but traded off their lows to end the day.

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Yahoo Is Buying Artifact, the AI News App From the Instagram Co-Founders

Yahoo is acquiring Artifact, the AI news app from Instagram’s co-founders that failed to make it big on its own. The Verge reports: The two sides declined to share the cost of the acquisition, but both made clear Yahoo is acquiring Artifact’s tech rather than its team. Mike Krieger and Kevin Systrom, Artifact’s co-founders, will be “special advisors” for Yahoo but won’t be joining the company. Artifact’s remaining five employees have either gotten other jobs or are planning to take some time off. The acquisition comes a bit more than a year after Artifact’s launch and about three months after Systrom and Krieger announced its death. […]

Artifact, the app, will go away once the acquisition is complete. But Artifact’s underlying tech for categorizing, curating, and personalizing content will soon start to show up on Yahoo News — and eventually on other Yahoo platforms, too. “You’ll see that stuff flowing into our products in the coming months,” says Downs Mulder. It sounds like there’s also a good chance that Yahoo’s apps might get a bit of Artifact’s speed and polish over time, too. Both Systrom and Downs Mulder say the integration will take time, that you can’t just drop an Artifact algorithm into Yahoo News and call it a day. But they see a possibility to get everybody into the future a little faster. Yahoo can develop a personalized content ecosystem, the “TikTok for text” that was so alluring to Artifact users. And Artifact can power a news service of the future.

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New XZ Backdoor Scanner Detects Implants In Any Linux Binary

Bill Toulas reports via BleepingComputer: Firmware security firm Binarly has released a free online scanner to detect Linux executables impacted by the XZ Utils supply chain attack, tracked as CVE-2024-3094. CVE-2024-3094 is a supply chain compromise in XZ Utils, a set of data compression tools and libraries used in many major Linux distributions. Late last month, Microsoft engineer Andres Freud discovered the backdoor in the latest version of the XZ Utils package while investigating unusually slow SSH logins on Debian Sid, a rolling release of the Linux distribution.

The backdoor was introduced by a pseudonymous contributor to XZ version 5.6.0, which remained present in 5.6.1. However, only a few Linux distributions and versions following a “bleeding edge” upgrading approach were impacted, with most using an earlier, safe library version. Following the discovery of the backdoor, a detection and remediation effort was started, with CISA proposing downgrading the XZ Utils 5.4.6 Stable and hunting for and reporting any malicious activity.

Binarly says the approach taken so far in the threat mitigation efforts relies on simple checks such as byte string matching, file hash blocklisting, and YARA rules, which could lead to false positives. This approach can trigger significant alert fatigue and doesn’t help detect similar backdoors on other projects. To address this problem, Binarly developed a dedicated scanner that would work for the particular library and any file carrying the same backdoor. […] Binarly’s scanner increases detection as it scans for various supply chain points beyond just the XZ Utils project, and the results are of much higher confidence. Binarly has made a free API available to accomodate bulk scans, too.

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VMware By Broadcom Plots Pair of Cloud Foundation Releases

An anonymous reader quotes a report from The Register: VMware by Broadcom will deliver a significant update to its flagship Cloud Foundation bundle in the middle of this year and follow it up with a major update early in 2025. Both releases will show off Broadcom’s plan to make the package easier to implement and operate, and hopefully assuage customer concerns about price rises. More on that later. First, the updates. One release is currently scheduled to debut in July, according to Paul Turner, vice-president of product management and the leader of the VMware Cloud Foundation (VCF) team. The release will allow use of a single license key for all the components of Cloud Foundation, improve OAuth support as a step towards single sign-on across the VMware range, and add an NSX overlay that will allow implementation of software-defined networks without requiring IP address changes.

Turner explained those features as exemplifying the sort of simplification VMware by Broadcom thinks is needed to make Cloud Foundation easier to implement. A bigger release Turner hopes will debut in early 2025 — though he would commit to only a H1 launch — will be a “unified” release in which more of VCF is better integrated. Today, Turner admitted, VMware customers may have implemented vSphere and the Aria management suite, but might still need or choose discrete storage for each. Future VCF releases will increasingly unify the products so that silos aren’t needed. Prashanth Shenoy, vice president for VMware by Broadcom’s cloud platform, infrastructure, and solutions marketing, told The Register the release will be called VCF 9 and will represent “the fullest expression of Broadcom’s vision for product integration.” “When customers deploy VCF there are seams — when they deploy networking and storage, they feel like they do not have a unified developer or operator experience,” Shenoy admitted. VCF 9 will tidy that sort of thing up and make the process “seamless.” Buyers can also expect improved log file analysis, the ability to acquire templates from a marketplace and adopt them as PaaS, and plenty more.

Turner and Shenoy told The Register that the two releases are hoped to make VCF adoption easier, and by doing so demonstrate the value of the bundle. Today, they argue, would-be hybrid cloud adopters using VCF are in reality integrating siloed products — which doesn’t prove the value of the vStack well. VCF 9’s planned integrations, they argue, should demonstrate the power of the stack and the wisdom of Broadcom’s decision to create a VMware unit dedicated to VCF. That team, they explained, means developers for each of the bundle’s components work together on a unified experience, rather than to create their own product. It may also demonstrate the value of VMware by Broadcom’s new licenses – which some users have complained are considerably more expensive now that subscriptions are required, and products are only sold in bundles. Sylvain Cazard, president of Broadcom Software for Asia-Pacific, told The Register that complaints about higher prices are unwarranted since customers using at least two components of VMware’s flagship Cloud Foundation will end up paying less. He also noted that the new pricing includes support, which VMware didn’t include previously.

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