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Abstract of a working paper [PDF] published by NBER: This paper examines the impact of the UK's decision to leave the European Union (Brexit) in 2016. Using almost a decade of data since the referendum, we combine simulations based on macro data with estimates derived from micro data collected through our Decision Maker Panel survey. These estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%, with the impact accumulating gradually over time. We estimate that investment was reduced by between 12% and 18%, employment by 3% to 4% and productivity by 3% to 4%. These large negative impacts reflect a combination of elevated uncertainty, reduced demand, diverted management time, and increased misallocation of resources from a protracted Brexit process. Comparing these with contemporary forecasts -- providing a rare macro example to complement the burgeoning micro-literature of social science predictions -- shows that these forecasts were accurate over a 5-year horizon, but they underestimated the impact over a decade.

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GNU C Library Adds Linux "mseal" Function For Memory Sealing  Phoronix

An anonymous reader quotes a report from Reuters: Singapore's central bank will hold trials to issue tokenized MAS bills next year and bring in laws to regulate stablecoins as it presses forward with plans to build a scalable and secure tokenised financial ecosystem, the bank's top official said on Thursday. "Tokenization has lifted off the ground. But have asset-backed tokens achieved escape velocity? Not yet," said Chia Der Jiun, Managing Director of the Monetary Authority of Singapore (MAS), a keynote address at the Singapore FinTech Festival. He said MAS has been working on the details of its stablecoin regulatory regime and will prepare draft legislation, with the emphasis on "sound reserve backing and redemption reliability." MAS is also supporting trials under the BLOOM initiative, which explores the use of tokenized bank liabilities and regulated stablecoins for settlement, he added. "In the CBDC space, I am pleased to announce that the three Singapore banks, DBS, OCBC, and UOB, have successfully conducted interbank overnight lending transactions using the first live trial issuance of Singapore dollar wholesale CBDC," he said. MAS will expand trials to include tokenized MAS bills settled with CBDC, he added.

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Valve says Steam Machine success will help to push devs to properly support anti-cheat on Linux  FRVR

Mainline Linux Patches For The VisionFive 2 Lite: RISC-V For As Little As $19.9 USD  Phoronix

The Headaches Supporting Content Protection With Linux GPU Drivers  Phoronix

‘Imagine If…’ lets New Yorkers submit artistic visions of New York City and see them brought to life my local artists.‘Imagine If…’ lets New Yorkers submit artistic visions of New York City and see them brought to life my local artists.

Kraken Ransomware Targets Windows, Linux, and VMware ESXi in Enterprise Environments  GBHackers News

Kraken Ransomware Expands Attacks to Windows, Linux, and VMware ESXi Systems  Cyber Press

According to Car and Driver, Hyundai has suffered a data breach that leaked the personal data of up to 2.7 million customers. The leak reportedly took place in February from Hyundai AutoEver, the company's IT affiliate. It includes customer names, driver's license numbers, and social security numbers. Longtime Slashdot reader sinij writes: Thanks to tracking modules plaguing most modern cars, that data likely includes the times and locations of customers' vehicles. These repeated breaches make it clear that, unlike smartphone manufacturers that are inherently tech companies, car manufacturers collecting your data are going to keep getting breached and leaking it.

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Critical Imunify360 AV Vulnerability Exposes 56 Million+ Linux-hosted Websites to RCE Attacks  CyberSecurityNews

Critical Imunify360 AV Vulnerability Exposes 56 Million+ Linux-hosted Websites to RCE Attacks  CyberSecurityNews

Imunify360 AV Critical Flaw Exposes 56M Linux Websites to Remote Code Execution  Cyber Press

Critical Imunify360 Vulnerability Exposes Millions of Linux-Hosted Sites to RCE Attacks  GBHackers News

Critical Imunify360 Vulnerability Exposes Millions of Linux-Hosted Sites to RCE Attacks  gbhackers.com

Linux’s Slickest System Monitor App Gets Updated  OMG! Ubuntu

Kraken Cross-Platform Ransomware Attacking Windows, Linux, and VMware ESXi Systems in Enterprise Environments  CyberSecurityNews

Kraken Cross-Platform Ransomware Attacking Windows, Linux, and VMware ESXi Systems in Enterprise Environments  CyberSecurityNews

Amazon announced that its satellite broadband project called Project Kuiper will now be known as Amazon Leo. GeekWire reports: Leo is a nod to "low Earth orbit," where Amazon has so far launched more than 150 satellites as part of a constellation that will eventually include more than 3,200. In a blog post, Amazon said the 7-year-old Project Kuiper began "with a handful of engineers and a few designs on paper" and like most early Amazon projects "the program needed a code name." The team was inspired by the Kuiper Belt, a ring of asteroids in the outer solar system. A new website for Amazon Leo proclaims "a new era of internet is coming," as Amazon says its satellites can help serve "billions of people on the planet who lack high-speed internet access, and millions of businesses, governments, and other organizations operating in places without reliable connectivity." Amazon said it will begin rolling out service once it's added more coverage and capacity to the network. Details about pricing and availability haven't been announced.

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As we’ve said before, we disagree with the European Commission’s ad tech decision and will appeal. It doesn't reflect today's highly competitive and rapidly evolving ad …