Walmart Wins Patents To Give Algorithms More Sway Over Prices
Walmart has secured patents for systems that use machine learning to forecast demand and automate pricing decisions, "pushing the U.S. retail behemoth into a debate over the use of algorithms to adjust product costs," reports the Financial Times. From the report: In January Walmart obtained a U.S. patent for a "system and method for dynamically and automatically updating item prices" to carry out markdowns in its ecommerce unit, a rapidly growing division that generated more than $150 billion in sales last year. Last week it received another patent for using machine learning to predict demand and recommend prices for goods. [...] Walmart said that both patents were "unrelated to dynamic pricing," as the patent issued in January was specific to markdowns and last week's patent was designed for merchant teams to make decisions, not the technology.
The patent granted in January involves an "end-to-end price markdown system" for ecommerce platforms such as Walmart.com based on data including predicted demand and consumers' price sensitivity. Last week's approved patent outlines ways to forecast demand and set prices at levels that will move stock over periods such as a week, a month or a quarter. "Example categories may include, for example, a food item, outdoor equipment, clothing, housewares, toys, workout equipment, vegetables, spices," according to the filing. The "demand forecasting and price recommendation" tool envisaged in the patent would incorporate sources including purchases, prices, methods of payment and customer ID, such as a passport or driver's license number. "Dynamic pricing or anything that smells like it is playing with fire," said Matt Hamory, a grocery industry consultant at AlixPartners, who cited "the goodwill that you can lose by getting customers to think or suspect or worry even slightly that you are doing things with pricing that are to your benefit and their detriment."
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The Long Farewell to Mark Zuckerberg’s Metaverse
Meta announced changes that effectively leave Mr. Zuckerberg’s vision of an immersive digital world based in virtual reality only on life support.
Microsoft Considers Legal Action Over $50 Billion Amazon-OpenAI Cloud Deal
An anonymous reader quotes a report from Reuters: Microsoft is considering legal action against its partner OpenAI and Amazon over a $50 billion deal that could violate its exclusive cloud agreement with the ChatGPT maker, the Financial Times reported on Wednesday. Last month, Amazon and OpenAI signed several agreements, including one that makes Amazon Web Services the exclusive third-party cloud provider for Frontier, OpenAI's enterprise platform for building and running AI agents. The dispute centers on whether OpenAI can offer Frontier via AWS without violating the Microsoft partnership, which requires the startup's models to be accessed through the Windows maker's Azure cloud platform, the FT report said, citing sources.
OpenAI and Microsoft recently stated together that "Azure remains the exclusive cloud provider of stateless OpenAI APIs," a Microsoft spokesperson said in an emailed statement, referring to software interfaces used to access OpenAI's models. "We are confident that OpenAI understands and respects the importance of living up to this legal obligation," the spokesperson added. FT said Microsoft executives believed the approach was not feasible and would violate the spirit, if not the letter, of their agreement, and added that the companies were in talks to resolve the dispute without litigation ahead of Frontier's launch. "We know our contract," a person familiar with Microsoft's position told the newspaper. "We will sue them if they breach it. If Amazon and OpenAI want to take a bet on the creativity of their contractual lawyers, I would back us, not them."
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iPhone Exploit DarkSword Steals Data In Minutes With No Trace
BrianFagioli writes: A new iOS exploit chain called DarkSword shows how attackers can break into certain iPhones, grab sensitive data like messages, credentials, and even crypto wallets, and then disappear without leaving obvious traces. It targets older iOS 18 builds using Safari and WebGPU flaws to escape Apple's sandbox, which is pretty wild on its own, but what really stands out is how fast it works and how financially motivated these attacks have become. The takeaway is simple but important, update your iPhone ASAP and don't assume mobile devices are somehow safer than desktops anymore.
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How Did Flea Make a Jazz Album? Practice, Practice, Practice.
The Red Hot Chili Peppers bassist returned to the trumpet, for a new record featuring Nick Cave, Thom Yorke and a core cast of contemporary jazz luminaries.
Pardoned Nikola Fraudster Is Raising Funds For AI-Powered Planes He Claims Will Reshape Aviation
Trevor Milton, the pardoned founder of Nikola, is seeking $1 billion for AI-powered autonomous planes through a new venture called SyberJet. The Tech Buzz reports: "Autonomous planes will be 10 times harder than Nikola ever was," Milton told the Wall Street Journal in a rare interview. It's a remarkable admission from someone whose last venture collapsed under the weight of securities fraud charges after he overstated the capabilities of Nikola's electric and hydrogen-powered trucks. Milton was convicted in 2022 on three counts of fraud for misleading investors about Nikola's technology, including staging a video that made it appear a truck prototype was driving under its own power when it was actually rolling downhill. The conviction sent him to prison and turned Nikola into a cautionary tale about startup hype culture. His pardon, which came earlier this year, sparked immediate controversy in venture capital and legal circles.
Now he's betting that AI and autonomous aviation represent a clean slate. SyberJet appears focused on developing artificial intelligence systems capable of piloting aircraft without human intervention - a technical challenge that's stumped even well-funded players like Boeing and Airbus. [...] Milton hasn't detailed SyberJet's technical approach or revealed who's backing the venture. The company's website remains sparse, and aviation industry sources say they haven't seen concrete demonstrations of the technology. That opacity echoes the early days of Nikola, when Milton made sweeping claims about revolutionary trucks that existed mostly in renderings and promotional videos. If you need a quick refresher on the Nikola saga, here's a timeline of key events:
June, 2016: Nikola Motor Receives Over 7,000 Preorders Worth Over $2.3 Billion For Its Electric Truck
December, 2016: Nikola Motor Company Reveals Hydrogen Fuel Cell Truck With Range of 1,200 Miles
February, 2020: Nikola Motors Unveils Hybrid Fuel-Cell Concept Truck With 600-Mile Range
June, 2020: Nikola Founder Exaggerated the Capability of His Debut Truck
September, 2020: Nikola Motors Accused of Massive Fraud, Ocean of Lies
September, 2020: Nikola Admits Prototype Was Rolling Downhill In Promo Video
September, 2020: Nikola Founder Trevor Milton Steps Down as Chairman in Battle With Short Seller
October, 2020: Nikola Stock Falls 14 Percent After CEO Downplays Badger Truck Plans
November, 2020: Nikola Stock Plunges As Company Cancels Badger Pickup Truck
July, 2021: Nikola Founder Trevor Milton Indicted on Three Counts of Fraud
December, 2021: EV Startup Nikola Agrees To $125 Million Settlement
September, 2022: Nikola Founder Lied To Investors About Tech, Prosecutor Says in Fraud Trial
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The Iran War’s Economic Threat to Europe and Asia
Inflation and its consequences for growth is a growing concern for countries where memories of the 2022 energy crisis are fresh.
In Swaths of Germany, the Far-Right AfD Is Part of the Fabric
The Alternative for Germany party, or AfD, is shunned in federal politics but is a regional force. This fall, it could win broader power for the first time.
Ozempic Is About to Go Generic in India, China and Canada
In India, China and several other nations, Novo Nordisk is on the verge of losing patent protection for its blockbuster weight loss drug, opening the door for cheaper competing versions.
FBI Is Buying Location Data To Track US Citizens, Director Confirms
An anonymous reader quotes a report from TechCrunch: The FBI has resumed purchasing reams of Americans' data and location histories to aid federal investigations, the agency's director, Kash Patel, testified to lawmakers on Wednesday. This is the first time since 2023 that the FBI has confirmed it was buying access to people's data collected from data brokers, who source much of their information -- including location data -- from ordinary consumer phone apps and games, per Politico. At the time, then-FBI director Christopher Wray told senators that the agency had bought access to people's location data in the past but that it was not actively purchasing it.
When asked by U.S. Senator Ron Wyden, Democrat of Oregon, if the FBI would commit to not buying Americans' location data, Patel said that the agency "uses all tools ... to do our mission." "We do purchase commercially available information that is consistent with the Constitution and the laws under the Electronic Communications Privacy Act -- and it has led to some valuable intelligence for us," Patel testified Wednesday. Wyden said buying information on Americans without obtaining a warrant was an "outrageous end-run around the Fourth Amendment," referring to the constitutional law that protects people in America from device searches and data seizures.
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Joseph Duggar of ’19 Kids and Counting’ Faces Child Sex Abuse Charges
Mr. Duggar, a former star of the TLC reality show, was arrested in Arkansas and was awaiting extradition to Florida, where the authorities said he molested a 9-year-old girl in 2020.
Trump’s Planning for America’s 250th Emphasizes Religion’s Role in the Nation’s Founding
A closed-door White House event included news about the National Garden of American Heroes and an emphasis on the role of religion in the founding.
U.S. Intelligence Saw No Change in Iran’s Missile Capabilities Before War
On Wednesday, the director of national intelligence and C.I.A. director contradicted one of the justifications the Trump administration had given for its attacks on Iran.
Family of Minneapolis Boy Detained by ICE Faces Fast-Track Deportation
The family of 5-year-old Liam Conejos Ramos, who became a symbol of Trump’s immigration crackdown, is appealing their accelerated removal.
Bondi Doesn’t Commit to Deposition With House Panel Over Epstein Files
Under the rules of the oversight committee, Attorney General Pam Bondi received a subpoena requiring her to appear. The panel’s Republican chairman said he sent the summons reluctantly.
Iranian Missile Attack Leaves 3 Palestinians Dead in West Bank
Several others were injured in the strike, which hit a caravan being used as a hair salon in the town of Beit Awwa, according to Palestinian officials.
Fed Holds Rates Steady as War in Iran Upends the Economic Outlook
Jerome H. Powell, the chair of the Federal Reserve, emphasized the high degree of uncertainty stemming from the conflict as he acknowledged the potential for surging energy prices to lift inflation and dent growth.
Cloudflare Appeals Piracy Shield Fine, Hopes To Kill Italy's Site-Blocking Law
Cloudflare is appealing a 14.2 million-euro fine from Italy for refusing to comply with its "Piracy Shield" law, which requires blocking access to websites on its 1.1.1.1 DNS service within 30 minutes. The company argues the system lacks oversight, risks widespread overblocking, and could undermine core Internet infrastructure. Ars Technica's Jon Brodkin reports: Piracy Shield is "a misguided Italian regulatory scheme designed to protect large rightsholder interests at the expense of the broader Internet," Cloudflare said in a blog post this week. "After Cloudflare resisted registering for Piracy Shield and challenged it in court, the Italian communications regulator, AGCOM, fined Cloudflare... We appealed that fine on March 8, and we continue to challenge the legality of Piracy Shield itself." Cloudflare called the fine of 14.2 million euros ($16.4 million) "staggering." AGCOM issued the penalty in January 2026, saying Cloudflare flouted requirements to disable DNS resolution of domain names and routing of traffic to IP addresses reported by copyright holders.
Cloudflare had previously resisted a blocking order it received in February 2025, arguing that it would require installing a filter on DNS requests that would raise latency and negatively affect DNS resolution for sites that aren't subject to the dispute over piracy. Cloudflare co-founder and CEO Matthew Prince said that censoring the 1.1.1.1 DNS resolver would force the firm "not just to censor the content in Italy but globally."
Piracy Shield was designed to combat pirated streams of live sports events, requiring network operators to block domain names and IP addresses within 30 minutes of receiving a copyright notification. Cloudflare said the fine should have been capped at 140,000 euros ($161,000), or 2 percent of its Italian earnings, but that "AGCOM calculated the fine based on our global revenue, resulting in a penalty nearly 100 times higher than the legal limit."
Despite its complaints about the size of the fine, Cloudflare said the principles at stake "are even larger" than the financial penalty. "Piracy Shield is an unsupervised electronic portal through which an unidentified set of Italian media companies can submit websites and IP addresses that online service providers registered with Piracy Shield are then required to block within 30 minutes," Cloudflare said. Cloudflare is pushing for the law to be struck down, arguing that it is "incompatible with EU law, most notably the Digital Services Act (DSA), which requires that any content restriction be proportionate and subject to strict procedural safeguards."
In addition to appealing the fine, Cloudflare says it will continue to challenge Piracy Shield in Italian courts, engage with EU officials, and seek full access to AGCOM's Piracy Shield records.
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What’s a Threat? Gabbard Says It’s Up to Trump, on Iran and Elsewhere.
Tulsi Gabbard, the director of national intelligence, was left to square the president’s comments about an imminent nuclear threat from Iran with a letter from one of her trusted aides.
NASA’s Hubble Telescope Spots Comet K1 Exploding Into Fragments
In a stroke of luck, astronomers saw the comet C/2025 K1 (ATLAS) break into four or five fragments in November after it passed close to the sun.