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World-Beating 55,000% Surge in India AI Stock Fuels Bubble Fears
The world's best-performing stock is turning into a cautionary tale for investors chasing outsized returns from the AI boom. From a report: Little-known until recently even within its home market of India, RRP Semiconductor Ltd. became a social-media obsession as its shares surged more than 55,000% in the 20 months through Dec. 17 -- by far the biggest gain worldwide among companies with a market value above $1 billion.
That's despite posting negative revenue in its latest financial results, reporting just two full-time employees in its latest annual report, and boasting only a tenuous link to the semiconductor spending boom after shifting away from real estate in early 2024. A mix of online hype, a tiny free float and India's swelling base of retail investors drove 149 straight limit-up sessions, even as exchange officials and the company itself cautioned investors.
The rally is now showing signs of strain -- and regulators are taking a closer look. The Securities and Exchange Board of India has begun examining the surge in RRP's shares for potential wrongdoing, according to a person familiar with the matter who asked not to be identified discussing confidential information. The $1.7 billion stock, recently restricted by its exchange to trading just once a week, has fallen by 6% from its Nov. 7 peak.
Read more of this story at Slashdot.
Inside Kaggle's AI Agents intensive course with GoogleInside Kaggle's AI Agents intensive course with GooglePartnerships LeadSenior Staff Machine Learning Engineer and Founder, GenAI intensive
Kaggle’s AI Agents Intensive with Google brought learners together in a no-cost course to build and deploy the next frontier of AI.Kaggle’s AI Agents Intensive with Google brought learners together in a no-cost course to build and deploy the next frontier of AI.
Categories: Technology
I ran the one command in Linux you should never run. Here's what happened - How-To Geek
Categories: Linux
Micron Says Memory Shortage Will 'Persist' Beyond 2026
Micron, one of the world's three largest memory suppliers, expects the global shortage of DRAM and NAND flash memory to "persist through and beyond" 2026 as AI-driven demand continues to outstrip supply. CEO Sanjay Mehrotra made the forecast during the company's latest earnings call on Wednesday, saying that "supply will remain substantially short of the demand for the foreseeable future." The company posted record quarterly revenue of $13.64 billion, up from $8.71 billion in the same period last year.
Micron recently shuttered Crucial, its consumer-facing brand, to focus on high-bandwidth memory for AI data centers. HBM technology requires three times the silicon wafers of standard DRAM, leaving fewer resources for the chips that go into PCs, smartphones and cars. Micron plans to boost DRAM and NAND shipments by 20 percent next year but acknowledged this won't meet demand. New facilities in Idaho and New York are slated for 2027 and 2030 respectively.
Read more of this story at Slashdot.
Linux Mint 22.3 “Zena” Beta Is Available for Download with Cinnamon 6.6 - 9to5Linux
Categories: Linux
Linux Mint 22.3 “Zena” Beta Is Available for Download with Cinnamon 6.6 - 9to5Linux
Categories: Linux
Man Boards Heathrow Flight Without Passport or Ticket
Bruce66423 writes: A man boarded a flight at Heathrow without a ticket, boarding pass or passport. 'The unnamed individual walked onto the 7.20am British Airways (BA) flight to Oslo, Norway, on Saturday after tailgating other passengers through security and evading checks at the departure gate.
An aviation expert described the incident as a "significant lapse in security", as a witness reported that cabin crew only detected the interloper because the flight was full and he kept sitting in passengers' assigned seats.
Police arrested the unnamed man, airport sources said, adding that he had passed through "full security screening" before reaching the gate.
Given that he did go through the security check, this is merely embarrassing. Compare and contrast with this episode.
Read more of this story at Slashdot.
Linux Kernel 6.17 Reaches End of Life, It’s Time to Upgrade to Linux Kernel 6.18 LTS - 9to5Linux
Categories: Linux
Linux Kernel 6.17 Reaches End of Life, It’s Time to Upgrade to Linux Kernel 6.18 LTS - 9to5Linux
Categories: Linux
How China Built Its 'Manhattan Project' To Rival the West in AI Chips
Chinese scientists have built a working prototype of an extreme ultraviolet lithography machine in a high-security Shenzhen laboratory, a development that represents exactly what Washington has spent years and multiple rounds of export controls trying to prevent: China's path toward semiconductor independence and an end to the West's monopoly on the technology that powers AI, smartphones and advanced weapons systems.
The prototype, completed in early 2025 by former ASML engineers who reverse-engineered the Dutch company's machines, is operational and generating EUV light, though it has not yet produced working chips. The effort is part of a six-year secret government initiative that sources described to Reuters as China's version of the Manhattan Project.
Huawei is coordinating thousands of engineers across companies and state research institutes, and recruits are working under false identities inside secure facilities. The Chinese government is targeting 2028 for producing working chips, though sources say 2030 is more realistic -- still years earlier than the decade analysts had predicted it would take China to match the West.
Read more of this story at Slashdot.
LibreOffice 25.8.4 Is Now Available for Download with More Than 70 Bug Fixes - 9to5Linux
Categories: Linux
Doublespeed Hack Reveals What Its AI-Generated Accounts Are Promoting
An anonymous reader quotes a report from 404 Media: Doublespeed, a startup backed by Andreessen Horowitz (a16z) that uses a phone farm to manage at least hundreds of AI-generated social media accounts and promote products has been hacked. The hack reveals what products the AI-generated accounts are promoting, often without the required disclosure that these are advertisements, and allowed the hacker to take control of more than 1,000 smartphones that power the company. The hacker, who asked for anonymity because he feared retaliation from the company, said he reported the vulnerability to Doublespeed on October 31. At the time of writing, the hacker said he still has access to the company's backend, including the phone farm itself.
"I could see the phones in use, which manager (the PCs controlling the phones) they had, which TikTok accounts they were assigned, proxies in use (and their passwords), and pending tasks. As well as the link to control devices for each manager," the hacker told me. "I could have used their phones for compute resources, or maybe spam. Even if they're just phones, there are around 1100 of them, with proxy access, for free. I think I could have used the linked accounts by puppeting the phones or adding tasks, but haven't tried."
As I reported in October, Doublespeed raised $1 million from a16z as part of its "Speedrun" accelerator program, "a fastpaced, 12-week startup program that guides founders through every critical stage of their growth." Doublespeed uses generative AI to flood social media with accounts and posts to promote certain products on behalf of its clients. Social media companies attempt to detect and remove this type of astroturfing for violating their inauthentic behavior policies, which is why Doublespeed uses a bank of phones to emulate the behavior of real users. So-called "click farms" or "phone farms" often use hundreds of mobile phones to fake online engagement of reviews for the same reason. [...] I've seen TikTok accounts operated by Doublespeed promote language learning apps, dating apps, a Bible app, supplements, and a massager.
Read more of this story at Slashdot.
ExpressVPN releases redesigned app on Linux, but Windows 11 users face a longer wait - GB News
Categories: Linux
Linux Container & Kubernetes Adoption Statistics - commandlinux.com
Linux Container & Kubernetes Adoption Statistics commandlinux.com
Categories: Linux
Video Game Hardware Sales Had a Historically Bad November In the US
U.S. video game hardware spending fell 27% year over year in November to $695 million, according to market analyst company Circana. "This is the lowest video game hardware spending total for a November month since the $455 million reached during the November 2005 tracking period," Circana says. Furthermore, only 1.6 million units of hardware were sold in the U.S. in November, which is "the lowest total for a November month since 1995 (1.4 million)." The Verge reports: The rising costs of consoles probably didn't help. The PlayStation 5 and Xbox Series of consoles both turned five in November, but customers looking to pick up one of the consoles brand new are having to grapple with higher prices following price hikes this year. Those hikes have led to an "all-time November high" for the average price paid for a new unit of video game hardware of $439, Circana says -- a number that's up 11 percent from 2024. (In November 2019, the average price was $235, according to Circana analyst Mat Piscatella.)
Read more of this story at Slashdot.