Oracle celebrates banner quarter with another round of layoffs
Malaysia has completed its draft AI Governance Bill, bringing proposed risk, oversight, and incident-reporting rules closer to enterprises.
The post Malaysia Advances AI Governance Bill as New Enterprise Rules Take Shape appeared first on TechRepublic.
OpenAI launches ChatGPT for Financial Services with market data, citations and document tools for banking, research and compliance teams worldwide.
The post OpenAI Launches ChatGPT for Financial Services: What Banks Should Know appeared first on TechRepublic.
Meta launches Muse in the US, a personal AI agent that can book travel, shop, send emails, and run tasks, with security controls and paid plans.
The post Meta Launches Muse AI Agent to Run Errands, Book Travel, and Shop appeared first on TechRepublic.
Late last week, word started leaking that the National Institutes of Health (NIH) had reached an agreement with the Department of Defense that would see part of the NIH's budget used to fund research at the Department of Defense. So, on the Friday just prior to a US holiday weekend, the Department of Defense released a copy of the agreement and confirmed that it had been signed roughly a month earlier. The move is striking for a number of reasons, ranging from the existing budget disparities between the two parties involved to the fact that the money would be used for projects that the current NIH leadership has explicitly rejected.
The agreement itself sets up a system where the NIH would transfer money to the Department of Defense to fund staff and projects that would "support the advanced development of medical countermeasures against pandemic influenza, chemical, biological, radiological, and nuclear (CBRN) threats, and emerging infectious diseases." The money would come out of the budget for the NIH's National Institute of Allergy and Infectious Diseases, or NIAID, to which Congress has allocated $6.6 billion in 2026. The agreement is set to run for a decade.
Left unspecified is just how much of the NIAID budget will be spent on Defense projects. Reporting by Nature suggests that the Department of Defense was looking for up to a third of its total budget but was being told to settle for about 10 percent. There's obviously an enormous disparity between the budgets of these two agencies, given that the 2026 Defense budget is roughly $1 trillion. That budget is under considerable strain, however, due to the open-ended nature of the conflict with Iran. The deal has also been announced at a time when the NIH has been struggling to issue sufficient grants to use the money that Congress allocated to it.


© Artem Onoprienko
Apple reportedly plans a two-year hardware push under CEO John Ternus, including a foldable iPhone, AI wearables, new Macs, iPads, and home devices.
The post Apple Reportedly Plans Major Hardware Push Under John Ternus appeared first on TechRepublic.
XREAL has been teasing its Android XR glasses for over a year, but now they're finally close to launch. I got to try them on ahead of their expected fall release, and in many ways they're extremely impressive — but also make the limitations of modern mixed reality (XR) wearables very clear.

Compare 12 Ray-Ban Meta alternatives for AI, privacy, sports and displays, including their key features, prices and trade-offs, to find the right pair.
The post 12 Best Ray-Ban Meta Alternatives to Buy in 2026 appeared first on TechRepublic.
IBM Ventures backs BQP as its BQPhy software aims to accelerate enterprise engineering workloads using existing GPU and HPC infrastructure.
The post IBM Ventures Backs BQP to Bring Quantum-Inspired Computing to Enterprises appeared first on TechRepublic.
Not long ago, I rented an SUV from a well-known car rental company. Within hours of an employee scanning my driver's license, a high-resolution scan of my ID was available for sale on the dark web.
An exposé published Tuesday by KrebsOnSecurity reports that my license was one of more than 153 million that were available through Nexus, the name of the new ID theft service. Like other driver's licenses available there—including some belonging to journalist Brian Krebs, his mother, an FBI assistant director, and several security researchers—my license was purported to include multiple image files showing both the front and back of the ID. Besides a basic image scan, the files also captured the images in the infrared and ultraviolet spectrums. Presumably, the additional formats may allow cloned-based counterfeit IDs to pass hologram tests.
Besides advertising the availability of driver's licenses, Nexus offered to sell a bevy of other forms of ID. They included:


© Nexus
Meta is rolling out an obvious fix to make its AI glasses less creepy amid backlash over the glasses' non-consensual recordings that have flooded the Internet.
On Friday, The Verge reported that Meta closed a loophole that made it easy for smart glasses users to cover up an LED light that is supposed to alert bystanders that the device is actively recording. Meta had previously deactivated recording if a user attempted to start capturing video after placing a sticker over the light, but people quickly learned that they could get around that by reversing the order of the steps and covering up the light after they started recording.
In a post on Threads, Meta’s executive vice president of wearables, Alex Himel, explained that an update would be rolled out soon that ensures that “the camera will now stop working if the light is covered during a recording." That way “the capture LED can reliably alert bystanders when photos or videos are being captured for someone’s gallery,” Himel said.


© Bloomberg / Contributor | Bloomberg
Earlier this year, Meta created a “plan” to reduce some of its teams by as much as 60 percent to make the company “AI native,” Reuters reported today, citing two people familiar with Meta’s internal affairs.
Reuters’ report highlights the challenges organizations face when analyzing the best uses for AI and determining when the technology is a better fit for certain tasks than employees.
Meta confirmed to Reuters that the plan, reportedly codenamed Project OT (short for organization transformation), explored scenarios in which Meta reduced some team headcounts by 60 percent and that the plan called for two rounds of layoffs. Meta wouldn’t confirm which teams Project OT affected.


© Getty

Amazon has agreed to acquire DuckLabs, the company behind DuckDB, the fast-growing open-source database that has become a favorite of developers looking to analyze large amounts of data without the cost and setup of a cloud data warehouse.
Employees of DuckLabs will join Amazon Web Services, including co-founders and DuckDB creators Hannes Mühleisen and Mark Raasveldt, who will continue leading the team and setting the project’s technical direction. They will remain based in Amsterdam, where the team will continue developing DuckDB and related projects.
Amazon says it is not acquiring the DuckDB open-source project itself. DuckDB will remain free and open source under the MIT license, overseen by the nonprofit DuckDB Foundation, as will the related DuckLake and Quack projects, according to DuckLabs.
Financial terms were not disclosed. Amazon said it has signed a definitive agreement and expects the acquisition to close shortly. DuckLabs said it expects to become part of AWS in early September.
The deal fits Amazon’s broader push to turn S3, its flagship cloud storage service, into a place where customers analyze data rather than just store it. It gives Amazon a team experienced in building fast, lightweight analytics software that runs directly against data sitting in cloud storage.
The move comes as the data industry shifts toward keeping information in open formats in cloud storage, where it can be queried directly rather than loaded into a separate warehouse.
The shift puts pressure on companies like Snowflake and Databricks, which sell the compute and governance layer on top of stored data. Both are major AWS partners as well as competitors, with large numbers of customers running on Amazon’s cloud.
AI has raised the stakes, driving up both the volume of data companies keep in the cloud and the cost of analyzing it. Amazon says DuckDB is a natural fit for AI agents, which query data much the way people do, poking and experimenting with small sets before deciding what they want.
“DuckDB ends up being naturally optimized for AI agents to use,” wrote Mai-Lan Tomsen Bukovec, the AWS VP who leads its cloud data services, in a post about the acquisition.
DuckLabs said it has worked closely with AWS in recent years, including on DuckDB support for Amazon’s S3 Tables and SageMaker Lakehouse.
“DuckDB is an incredible open source project with an amazing community; it is broadly used and very much loved by S3 customers today,” said Andy Warfield, an AWS vice president and distinguished engineer, in a press release announcing the deal.
One of the companies watching closely is in Seattle. MotherDuck, which sells a cloud service built on DuckDB, was founded in partnership with the DuckLabs team and has worked with it closely for four years. Three of its engineers are among the top 10 outside contributors to the DuckDB project.

In a blog post Wednesday, MotherDuck CEO Jordan Tigani said Amazon is following a familiar pattern. “That’s Amazon’s playbook, after all: wait until an open source project gets big enough, then launch it as a service,” wrote Tigani, who helped start Google’s BigQuery and spent a decade there before co-founding MotherDuck in 2022.
He expects Amazon to do exactly that with DuckDB: “After all, they’re not acquiring Duck Labs just because they love open source,” he wrote. “We welcome the competition.”
He said the deal is likely to be good for DuckDB, because Amazon has a financial reason to keep the project open and healthy. “If DuckDB becomes the standard, it is going to drive a lot more compute on their infrastructure, which is where they make their money,” he wrote.
Tigani said DuckLabs is being kept as a wholly owned subsidiary with its organization intact, and that the DuckDB Foundation has “iron clad control over the DuckDB IP.”
MotherDuck also said it is now offering enterprise support for DuckDB — which it had previously steered clear of to avoid competing with DuckLabs. Tigani said the company has Mühleisen and Raasveldt’s “explicit blessing” to take it on now that they are joining Amazon.
DuckLabs was founded a little more than five years ago as a long-term home for the DuckDB development team. The company turned down venture capital, stayed owned by its founders and employees, and grew to more than 30 people in Amsterdam, funding itself through support and feature-development contracts.
In a blog post, Mühleisen and Raasveldt wrote that they had come to worry DuckDB’s growth would outpace their ability to support it, and that their small company “could become a bottleneck for the project.” Building a larger sales and operations organization, they wrote, would have pulled the team away from the technical work that made DuckDB successful.
Nine days before the acquisition was announced, Mühleisen and Raasveldt published a preview of DuckDB 2.0, due this fall, declaring that the release “kicks off the year of DuckDB as a server.” It adds Quack, which lets one DuckDB instance serve data to others over a network, along with work aimed at speeding up queries against data held in object storage such as S3.
DuckLabs said the DuckDB Foundation will add a technical advisory board, giving leading community members input on the project’s technical direction. The company also plans to let DuckDB run extensions signed by outside developers and organizations.
For years, AI industry watchers of all stripes have been warning of a coming jobs apocalypse driven by ultra-intelligent AI systems that will be able to replicate most human tasks more cheaply. Now, newly updated research from Stanford University economists suggests AI seems to be causing significant entry-level job losses for younger workers in some fields, even as older workers appear largely unaffected so far.
The August 2026 edition of "Canaries in the Coal Mine? Six Facts about the Recent Employment Effects of Artificial Intelligence" updates and revises a paper of the same name published last year with fresh data and refined statistics. In that update, the Stanford researchers find the employment trends they identified for entry-level workers last year are persisting and expanding. Specifically, employment levels for workers ages 22 to 25 in the most "AI-exposed" occupations are now 19 percent below those of their peers in fields less exposed to AI disruption.
Last year, that gap measured just 13 percent.


© Getty Images
Our leading hypothesis for how our memories are stored is that when you learn something, the connections among neurons involved get stronger and physically larger, and that constitutes the memory. The trouble is that these connections significantly change over time—they’re plastic.
“If you compare the arrangement of these connections on day one with the same on day four or five, it's very, very different," says Kazumasa Tanaka, a neuroscientist at the Okinawa Institute of Science and Technology Graduate University in Japan. To learn how a memory that can last for years can sit on hardware that shifts every few days, Tanaka’s team made the shift a bit more dramatic. In a recent Science study, they induced a hibernation-like state in mice, which basically erased the state of more than half of their synapses. And yet the mice apparently have kept their memories.
Hibernation is a specialty of squirrels, hamsters, and bears, but the neural circuit that triggers it is conserved across mammals, and is present in species that never hibernate in the wild—like mice. In June 2020, a team of researchers led by Takeshi Sakurai, a neuroscientist at the University of Tsukuba and a collaborator on Tanaka’s study, developed a technique to artificially activate this hibernation circuit. This can be done by activating a population called Q neurons in a region of the hypothalamus.


© Sasha Fox Walters

