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German Firm Files For Insolvency After Cybercriminals Shut Down Production For 6 Weeks

German textile firm ZEGO has filed for insolvency and is blaming a March cyberattack that shut down production for nearly six weeks. "ZEGO's filing adds another name to the short but growing list of companies that say a digital break-in was commercially fatal to their business," reports The Register. From the report: In a notice to customers and suppliers, the organization said it had exhausted every available option before seeking insolvency protection. Managing director Johannes Zenglein described the filing as "one of the most difficult steps in our company's 37-year history." "The cyberattack of March 29, 2026, however, impacted our company to an extent that we could not fully compensate for despite our best efforts," Zenglein wrote. "The consequences resulted in a production outage of nearly six weeks and significant financial strain. These effects ultimately impacted our financial situation so severely that filing for insolvency became necessary."

ZEGO did not disclose what kind of attack it suffered, whether ransomware was involved, who was behind it, or whether customer or employee data was compromised. What it has made clear is that the operational disruption alone was enough to push the business beyond the point of recovery. ZEGO said insolvency proceedings have now been initiated, but insisted the filing does not necessarily spell the end of the business. It said it plans to keep production running while administrators attempt to restructure the business, preserve jobs, and keep customers and suppliers on board.

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States Sue to Block Paramount-Warner Bros Merger, Defying DOJ

A coalition of 12 states led by California is suing to block the $111 billion Paramount Skydance-Warner Bros. merger, arguing it would reduce competition in theatrical distribution, blockbuster films, and basic cable licensing. The challenge (PDF) defies the DOJ's approval of the deal. Variety reports: The coalition, led by California Attorney General Rob Bonta, alleges that the $111 billion transaction violates the Clayton Act by lessening competition in three distinct markets: wide-release theatrical distribution, "top-grossing" theatrical distribution, and basic cable licensing. "The unlawful merger of these two entertainment behemoths would lead to higher prices, lower quality, and less content for film and television, harming movie theaters, basic cable distributors, and ultimately, audiences on every sofa and movie theater seat in the U.S.," Bonta said in a statement on Monday.

The suit argues that the combined company will control 27% of the wide-release theatrical distribution market, 30% of the submarket comprising "anticipated blockbuster films," and 27% of the basic cable bundle. The states argue that such consolidation will harm theaters and cable and satellite providers that rely on competition among distributors. Paramount and Warner Bros. are two of the five remaining legacy studios. Together, all five -- including Disney, Sony and Universal -- control 86% of theatrical distribution and 90% of blockbuster distribution, the states said. Warner Bros. and Paramount are also the second- and third-largest basic cable distributors, respectively.

[...] The states are expected to seek an injunction to block the transaction, which Paramount expects to close sometime after July 22. The 12 states in the coalition are Arizona, California, Colorado, Connecticut, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, and Washington. [...] All are represented by Democratic attorneys general. "Consolidation here not only leads to higher prices -- it also leads to fewer opportunities for important stories to come to life, and fewer ways for audiences to encounter stories, ideas, and perspectives beyond their own experiences," Bonta said. "In this country, no one is above the law. With this lawsuit, California and our sister states are fighting for free and fair markets, not rigged markets. America has no kings in government or our economy."

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America May Soon Be Facing Largest Labor Shortage in Its History

America "is facing what's projected to become the largest labor shortage in its history," according to experts interviewed by the Washington Post:



Economists warn that the worsening labor problem, due in part to a skills shortage and population shifts, will be vast and reach beyond tech. It "could hobble the American economy for years to come," predicts the Georgetown University Center on Education and the Workforce. Lightcast, a labor market data company, calls it "the largest labor shortage the country has ever seen." JPMorgan Chase warns of a national security risk from "a pervasive talent deficit that constrains the nation's capacity to build, compete, and protect its interests." There will be shortages in the tens or even hundreds of thousands of nurses, physicians, teachers, engineers, pharmacists, mental health counselors, construction worker and airplane mechanics — jobs AI generally can't do...

Among the trends that have been leading to this moment: a mismatch between the careers college graduates are pursuing and the jobs employers are struggling to fill. Far fewer students are majoring in health care fields than are needed to meet demand, for instance. "We have pumped so many young people into business and finance" when what's really in demand are graduates in other fields, [said Ron Hetrick, Lightcast's principal economist]. "It's like a factory producing these workers like widgets, even though society is saying, 'We really don't need them.' And the factory just keeps pumping them out." But the principal reason for the looming workforce shortages is much more basic. A protracted decline in birth rates is coinciding with a record wave of retirements, data shows.

From 2024 to 2032, when the last baby boomers sign up for Social Security payments, more than 18 million college-educated workers will leave the labor force while fewer than 14 million enter it, according to the Georgetown center. Meanwhile, even as the number of people with associate and bachelor's degrees falls, the number of jobs requiring them will grow, the center forecasts. That will leave a gap of 4.6 million workers. Lightcast puts the deficit at an even higher 6 million... The effect of population shifts on the supply of talent, with or without degrees, has been compounded by a drop in the proportion of high school graduates choosing to go to college, a sharply reduced rate of immigration, and a growing number of Americans leaving the workforce altogether because of such issues as lack of child care, early retirement, incarceration and substance addiction, according to the Chamber of Commerce.


Three interesting statistics from the article:

U.S. college/university enrollment in 2023 was down by nearly 2 million students since its peak in 2010, according to the most recent data from the U.S. Education Department.
America's low birth rate since 2010 "means the number of college-age Americans is forecast to decline by another 13 percent through 2041."
South Dakota has just 41 workers for every 100 open jobs... while California and nine other states have more workers than jobs, the Chamber of Commerce found.

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Apple Reportedly Agreed to Intel Chips To Avoid White House Tariffs

According to the Wall Street Journal (paywalled), Apple agreed to use Intel's U.S. chipmaking plants after White House officials pressured Tim Cook during tariff-relief talks last summer. MacRumors reports: In August 2025, Apple CEO Tim Cook was in Washington to lobby the Trump administration to drop its proposed 100 percent tariff on semiconductor imports -- a levy that would have raised costs across Apple's product line. Apple reportedly secured an exemption after pledging to invest hundreds of billions of dollars in the U.S., although many of those investments were already planned. During the meetings, president Trump and commerce secretary Howard Lutnick are said to have urged Cook to use Intel's fabrication plants to make some of Apple's chips. The link between the tariff talks and the Apple-Intel deal had not been previously reported.

Almost a year later, Trump announced via his Truth Social platform that Apple would begin using Intel-made chips in some products. "We need to design and build our Chips right here in America," the president posted. The news sent Intel shares to record highs. According to a person familiar with the negotiations cited by the WSJ, Apple plans to have Intel make chips for both Mac laptops and iPhones. The report doesn't say which chips or in what volume, and Apple is expected to remain reliant on Taiwan Semiconductor Manufacturing Company, or TSMC, for the majority of its custom silicon.

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Cloudflare Precursor Watches Your Mouse and Keyboard To Decide If You Are Human

BrianFagioli writes: Cloudflare has launched Precursor, a new behavioral bot detection system that monitors mouse movement, typing cadence, scrolling, clipboard activity, page visibility, and other signals across an entire browsing session. The system is designed to catch advanced bots that can run JavaScript, use real browsers, and pass traditional CAPTCHA challenges. Cloudflare says Precursor does not record actual keystrokes and instead studies timing and rhythm. The company also says the data is not tied to user identities or persistent profiles. Even so, software that watches how people move and type throughout a visit raises privacy concerns, especially as Cloudflare claims bots now generate roughly 57 percent of all Internet requests.

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Why 55% of Americans Stopped Posting On Social Media

A new Incogni survey suggests Americans are pulling back from social media, with more than half saying "maintaining an online presence feels like work" and 55% reporting they post less than they did five years ago. "The full study concludes that there's been a significant shift in public attitudes toward social media," reports PCMag. "Where it was once fun and relaxing, it's now growing dark and angsty..." From the report: As the chart shows, there's also a clear correlation with age. A full 60% of Gen Z respondents feel the pain of maintaining a social presence. Perhaps they have a niggling hope that they might still be discovered as an influencer? Those of us in the Boomer category are clearly more relaxed about it, with just 38% saying that maintaining a social presence feels like work. The survey quizzed respondents about how they feel when they don't keep up with checking their socials and, by extension, how they'd feel if they just plain quit. They were given choices, both positive (peace, relaxation, and relief) and negative (anxiety, fear of missing out, and discomfort).

Overall, positive reactions held slightly greater sway, with an average of about 21% compared with 19% for negative reactions. The Gen Y contingent accentuated that split, with 25% positive and 21% negative, while Gen X went even further, with 20% positive and just 13% negative. But the Gen Z group flipped the results, identifying 27% negative and 26% positive reactions to going without social media.

There's another force pushing folks away from the socials: increasing politicization. Of the survey's respondents, 44% agreed that political content is driving people away from social media, and only 20% disagreed. Among Gen Z respondents, the impetus was stronger: 48% agreed, and just 13% disagreed. These negative feelings associated with politics only serve to highlight the positive reactions to deleting your social media.

Are you posting less on social media than you did five years ago, and are you being more selective about who can see what you post? Then you're with the majority. More than half of the respondents answered yes to each of those questions. But would you ever parlay fewer posts into no posts (aka quit posting entirely)? When asked what it would take to finally get them to terminate a social media account, a die-hard group of one in six respondents said there's nothing that could make them quit. But more than half could picture quitting due to security concerns, and almost half accepted the possibility that harassment or hate speech could send them packing. Others cited the amount of time wasted on scrolling through social media and the mental health threats of doomscrolling.

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Social Media Limits Are Coming For Teens Across Europe

The European Union is considering major new restrictions on children's access to social media, including age limits, phased access, and an outright ban. "This is not about whether children can access social media," said European Commission President Ursula von der Leyen. "It is about when social media can access our children." The Verge reports: Social media platforms could also be forced to prove their services are not harmful before young people are allowed to use them. European Commission President Ursula von der Leyen said the bloc's executive arm could propose new legislation within months, after reviewing recommendations from a panel of experts released today.

The panel recommended using a phased approach, including "no screens at all" for children under 3, supervised internet use for those under 13, and some limits for older teens. It also said social media platforms should have to prove their services are safe to younger users, an approach von der Leyen said she supports. Von der Leyen said the Commission will consider the report and return with proposals "after the summer." Any legislation would still need approval from the European Parliament and the EU's 27 member countries before becoming law across the bloc.

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You Used to Think That It Was So Easy

Thomas Hawk posted a photo:

You Used to Think That It Was So Easy

Loans

Thomas Hawk posted a photo:

Loans

Found Photograph

Thomas Hawk posted a photo:

Found Photograph

handwritten on back of photograph, "Kay Budy, 1946"

Found Photograph -- A Rochester Photographer Collection

Thomas Hawk posted a photo:

Found Photograph --  A Rochester Photographer Collection

Found Photograph

Thomas Hawk posted a photo:

Found Photograph

A Sea of Azaleas: Spring in the Japanese Garden

BertvB posted a photo:

A Sea of Azaleas: Spring in the Japanese Garden

An endless, vibrant blanket of blooming pink Japanese Azaleas (Rhododendron) filling the frame inside the historic Japanese Garden at Landgoed Clingendael in The Hague.

San Francisco, 2016

Thomas Hawk posted a photo:

San Francisco, 2016

Practiced are My Sins

Thomas Hawk posted a photo:

Practiced are My Sins

Made in L.A.

Thomas Hawk posted a photo:

Made in L.A.

The Register

Biting the hand that feeds IT — Enterprise Technology News and Analysis

Excel competition goes extreme, makes spreadsheet geeks compete from the street

The Excel games have gone extreme, tossing four top competitors into urban wilds around the world in a one-off battle, which reigning champion Diarmuid Early won at the last minute. Irish phenom Early captured the win in the Microsoft Excel World Championship’s (MEWC) inaugural Landmark Battle over the weekend after a last-minute comeback that saw him take down Andrew Ngai by a mere 40 points (1060 to 1020) in the 30-minute contest. Jaq Kennedy and Nicolas Micot made up the back half of the chart. The conceit of the whole one-off contest, which was co-sponsored by hardware manufacturer Asus, was to stick the four contestants in the wild around four landmarks, forcing them to deal with weather, potentially flaky internet, and - shudder - the public who might wander over and question what exactly they were doing. Early, who now resides in New York, competed overlooking the Statue of Liberty; Kennedy near Big Ben; Micot at the Eiffel Tower; and Ngai overlooking Sydney Harbour. Hardware for the contest was provided by Asus, which doled out ExpertBook Ultras and wireless portable second screens to each contestant. MEWC said the contest was inspired by the remote work undertaken by many modern professionals, who increasingly work “across client sites, airports, cafés, co-working spaces, and remote locations, instead of behind a desk in an office.” The competition goes back to 2021. It was a 2022 broadcast on ESPN, however, that made competitive Excel a … um … popular thing to watch. MEWC competitions pit Excel experts against each other to solve complex problems designed ahead of time by other Excel experts. In the 2025 World Championship in Las Vegas, where Early beat Ngai to win the trophy, puzzles included doing things like solving a jigsaw puzzle using Excel. The 2022 competition broadcast on ESPN included the spreadsheet platformer Modelario, as well as tasks involving a yacht regatta and slot machine-style games. The one-off Landmark Battle took its inspiration from Jules Verne’s novel Around the World in Eighty Days, and saw the quartet of competitors racing through a seven-part puzzle to decipher the fastest travel route for a group of spreadsheet-bound characters intent on duplicating Phileas Fogg’s feat. According to MEWC, Early came from behind to win the contest using his signature strategy of “core-first, bonus-later,” which involves solving all the core challenges of a puzzle before returning after completion to see how many bonus questions he can pull off. Having been deployed to the field with nothing but a cameraman and the laptop they were working on, none of the competitors were aware of their opponents' live scores, meaning that Early won without knowing how close the contest had become. Qualifiers for the 2026 world championship are ongoing, and Early is an early favorite so far. Six of nine Road to Las Vegas qualifier matches have taken place so far, and Early has won three of them. ®

The price is wrong: AI cost calculation has to consider task completion rates, not just token costs

When it comes to AI services, you don't necessarily get what you pay for. It turns out that AI models with expensive tokens may cost less than models with cheap tokens for particular tasks. And the tooling attached to those models can have a significant effect on cost and output quality. Databricks, which sells data analytics software and services, recently devised an internal coding benchmark to assess the tradeoff between price and performance using various AI models. Matei Zaharia, CTO of Databricks and associate professor of computer science at UC Berkeley, said the company undertook the evaluation because models are often tuned to existing benchmark tests like SWE-Bench – which is "broken," according to OpenAI. Databricks devised its benchmark using real engineering tasks performed by its staff to assess how AI agents perform. Zaharia said while the results reflect the company's internal codebase, other companies should be able to conduct similar evaluations using their own code. One of the things Databricks found was that open weight models like Z.ai's GLM 5.2 are competitive with frontier models, like Anthropic's Opus 4.8. "It landed in the top capability tier, statistically tied with Opus 4.8 on quality, but costing $1.28/task against Opus’s $1.94," the company said in its report. But the price-per-token doesn't tell the whole story. Databricks contends that price-per-task needs to be considered. "Cheaper per-token does not imply cheaper per-task," said Zaharia in a social media post. "For example, Sonnet 5 costs less per token than Opus 4.8 but used more tokens, resulting in higher cost and lower quality." So while Anthropic's Sonnet 5 was around 1.7x cheaper than Opus 4.8 on a per-token basis, it was more costly on a per-task basis – $2.09 for Sonnet 5 compared to $1.94 for Opus 4.8. That's because it completed tasks less often (81 percent compared to 87 percent), and consumed more tokens to achieve the desired result. Academics already reached this conclusion, noting back in March that in about a third of the model comparisons they conducted, the model with the lower listed price ended up costing more. "For example, Gemini 3 Flash's listed price is 80 percent cheaper than GPT-5.4's, yet its actual cost across all tasks is 38 percent higher," they observed. The other thing that had a significant impact on test results was the harness – software like Claude Code, OpenAI Codex, and the Pi coding agent – which passes user input to the model, invokes various tools, and returns results. "Harnesses make a huge difference in cost-performance," said Zaharia. "The very simple Pi harness got the same success rate as harnesses from the LLM vendors with Opus and GPT 5.5, but at 2x less cost!" Zaharia attributed the difference to the size of the input – the context – passed to the model with every turn. When Claude Code served as the harness for Opus 4.8, Databricks measured a context of 742,000 tokens per task, compared to 236,999 for Pi. That's about 3.2x fewer tokens overall. With Codex, the total context per task was 1,235,000 tokens, compared to 665,000 tokens for Pi, which is known for its minimal system prompt. Zaharia said the results explain why Databricks built a tool called Omnigent to harness the harnesses – it's a wrapper for combining and swapping multiple coding agents. It's the front-end equivalent of the kind of back-end model swapping that OpenRouter enables. ®

Europe’s economy is a mess. Its stock markets are a steal

International investors still aren’t interested


StamCafé - Claviculars bezoek aan Israël heeft alles

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Jongens waar hebben we dit aan verdiend. 's Werelds twee marktleiders in discours-creatie (Clav en Eretz Yisrael) vinden elkaar op het snijvlak van geo-mogging en clip-farming. En het heeft gewoon echt alles. De bovenstaande IDF-soldate Shira Braun die zegt een beheerder te zijn van het IDF TikTok-account is, heeft een probleem. Het Israëlische i24News schrijft: "The IDF Spokesperson's Unit said Braun had acted without authorization. "The soldier acted without coordination with her commanders, and her conduct does not meet the standards expected of IDF soldiers," the IDF said in a statement. "The incident is under investigation, and the soldier will face disciplinary action." En daar maakte AL JAZEERA dan weer een video over jongens wat is de wereld toch mooi soms. Inmiddels is gebleken dat ze uit het IDF social media-team gehaald wordt, en herplaatst is als KOK. 

Vervolgens vertelt Clav onderstaand dat hij gedineerd heeft met Netanyahu-adviseurs en dat er besproken werd hoe Netanyahu meer 'gehumaniseerd' kon worden. Waar het antwoord dan op was dat Clav met hem naar de sportschool zou kunnen gaan en dit ge-livestreamed kon worden.

Weer daarna wordt hij stevig aan de tand gevoeld tijdens een Israëlisch tv-interview over die keer dat hij in een club Kanye West's Heil Hitler zong met o.a. Nick Fuentes, de Tate-broers, Sneako en Amrou Fudl, en meer in het algemeen zijn 'relatie' met Nick Fuentes (die vrij miniem is). 

En wéér daarna scheldt de dochter van rabbijn Schmuley, degene die bekend staat om haar kosjere sekswinkel, Clav de huid vol tijdens een etentje, ook wegens het zingen van dat Heil Hitler-lied.

Al met al: reden genoeg voor Clav om zijn reis door Israël voortijd af te breken: "People are so negative to you here. It almost makes you want to say, well then I'm not going to come back. That's why I'm leaving". Gelukkig hebben we de beelden nog, allemaal onderstaand.

Echt een gemiste kans voor Israël hoor, Clav kwam er met de beste intenties en dat land kan elke positieve PR gebruiken. Is ze niet gelukt, zonde. Hier nog beelden dat hij verbaal belaagd wordt bij zijn hotel. Een generational fumble, noemen de jongeren dat.

Diner met Netanyahu's adviseurs

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Voortijdig beëindigd 'vijandig' interview over Heil Hitler-zangfestijn en band met Nick Fuentues

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Niet alle Israeli's fan van Clavs Heil Hitler-zangfestijn met Nick Fuentes & Co

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Israeli's hebben hier echt de bal laten vallen hey

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JAAAA het Al-Jazeera filmpje over de geschorste IDF-soldate

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Clav heeft genoeg gezien van het beloofde land

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