US inflation fell to 3.2 per cent in October, lower than economists had expected and the first decline for four months. From a report: Consumer prices rose 3.2 per cent year on year in October, down from an annual rate of 3.7 per cent in September. The annual rise was slightly less than economists had forecast, and prices were flat month on month. The central bank held its benchmark interest rate steady at a 22-year high earlier this month, and investors have become increasingly confident that rates have peaked. Futures markets on Monday afternoon were pricing in a 13 per cent chance of a further rate rise at the Fed's next rate-setting meeting in mid-December. Core inflation -- which strips out volatile food and energy prices -- was also slightly weaker than economists had predicted, dipping from 4.1 per cent to 4.0 per cent on a year on year basis. Core inflation rose by 0.2 per cent month on month. Fed chair Jay Powell stressed last week that policymakers would not be "misled by a few good months of data," and that the central bank could tighten monetary policy further if necessary, although officials have shown little intention of immediately raising rates beyond the current range of 5.25-5.5 per cent. Stronger-than-expected gross domestic product growth has fanned fears that the slowdown in inflation could stall, but Powell said last week that he and his colleagues expected the pace of economic expansion to slow. Instead of another rate rise, the Fed is increasingly expected to push back the timing of rate cuts deeper into 2024 if consumer prices remain stubbornly high.

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An anonymous reader writes: Joby Aviation and Volocopter gave the public a vivid glimpse of what the future of aviation might look like this weekend, with both companies performing brief demonstration flights of their electric aircraft in New York City. The demonstration flights were conducted during a press conference on Sunday, during which New York City Mayor Eric Adams announced that the city would electrify two of the three heliports located in Manhattan -- Downtown Manhattan Heliport and East 34th Street. (The third heliport is privately owned.) Beta Technologies, which is also developing an electric aircraft, showed off its interoperable aircraft charging technology at the event. You can watch a demo of the Joby Aviation flight here. Additional assets are available via Joby's press release.

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Press2ToContinue writes: "An undergraduate student used an Nvidia GeForce GTX 1070 and AI to decipher a word in one of the Herculaneum scrolls to win a $40,000 prize (via Nvidia)," reports Tom's Hardware. "Herculaneum was covered in ash by the eruption of Mount Vesuvius, and the over 1,800 Herculaneum scrolls are one of the site's most famous artifacts." The scrolls have been notoriously hard to decipher because they cannot be unwrapped because they're basically like a stick of charcoal. Instead they must be virtually unwrapped, using a 3D scan dataset of it in its wrapped state. So, the task is to find the tiny bits of ink, assemble them into letters, and try to decipher what they say. Machine learning is now becoming the key that picks the lock. A student deciphered one of the words using a GTX 1070, which doesn't even have any tensor cores. Imagine what he could do with a RTX 4090!

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An anonymous reader quotes a report from the Washington Post: For decades, scientists have tried to figure out ways to reverse climate change by pulling carbon dioxide out of the atmosphere and storing it underground. They've tried using trees, giant machines that suck CO2 out of the sky, complicated ocean methods that involve growing and burying huge quantities of kelp. Companies, researchers and the U.S. government have spent billions of dollars on the research and development of these approaches and yet they remain too expensive to make a substantial dent in carbon emissions. Now, a start-up says it has discovered a deceptively simple way to take CO2 from the atmosphere and store it for thousands of years. It involves making bricks out of smushed pieces of plants. And it could be a game changer for the growing industry working to pull carbon from the air. Graphyte, a new company incubated by Bill Gates's investment group Breakthrough Energy Ventures, announced Monday that it has created a method for turning bits of wood chips and rice hulls into low-cost, dehydrated chunks of plant matter. Those blocks of carbon-laden plant matter -- which look a bit like shoe-box sized Lego blocks -- can then be buried deep underground for hundreds of years. The approach, the company claims, could store a ton of CO2 for around $100 a ton, a number long considered a milestone for affordably removing carbon dioxide from the air. [...] Graphyte's approach uses the power of plants and trees to photosynthesize and pull carbon dioxide from the air. While trees and plants are excellent at carbon capture, they don't store that carbon for very long -- when a plant burns or decays, its stored carbon comes spilling back out into the air and soil. Graphyte plans to avoid that decomposition by taking plant waste from timber harvesters and farmers and drying it thoroughly, removing all the microbes that could cause it to decompose and release greenhouse gases. Then, in a process that they call "carbon casting," it will compress the waste and wrap it into Lego-like bricks, for easier storage about 10 feet underground. The company says that with the right monitoring systems, the blocks can stay there for a thousand years. [...] Graphyte is planning to build its first project in Pine Bluff, Ark., and the company hopes to sequester its first carbon for a customer in 2024. It remains to be seen whether Graphyte will be able to scale up its operation to removing millions of tons of CO2 from the atmosphere. The company will need to secure many sources of plant waste and build many small processing centers around the country to be successful. "The simplicity of the Graphyte approach is so exciting," said Daniel Sanchez, who runs the Carbon Removal Lab at the University of California at Berkeley, and serves as a science adviser for Graphyte. "You don't need very expensive equipment or processes. And it locks up a lot of the carbon in the wood -- nearly all of it." "People that are academics probably thought about this before and were like, 'That's way too simple,'" Sanchez said, laughing. "'No one's ever going to do that.'"

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Rick Lane reports via PC Gamer: KeeperFX has been in the process of rescuing Dungeon Keeper for a decade and a half. The project originally started in 2008, and experienced something of a bumpy road up until 2016. Since then, though, it has gradually added support for Windows 7, 10, and 11, support for hi-res and 4k screens, modernized controls, and even additional campaigns. With this latest version, KeeperFX's developers say "all original Dungeon Keeper code has been rewritten, establishing KeeperFX as a true open-source standalone game." 1.0 also introduces some new features, such as higher framerates, AI that is better at digging and less likely to "instantly" throw its entire army at you, and "higher quality landview speeches" for the additional campaigns. That refers to the introductions and epilogues to missions which, in the game's original campaign, were voiced by Richard Ridings, aka Daddy Pig. Perhaps most intriguing of all, KeeperFX's 1.0 adds a couple of new units to play with. First up is the Druid, a sort-of color-flipped version of the Warlock who uses ice spells rather than fire. The other unit is the excitingly named Time Mage, a recolor of the Wizard who can cast teleport and speed spells, and also turn enemy units into chickens (presumably through rapid devolution). You won't find these units in the original campaign, but you will encounter them in the custom campaigns bundled with the 1.0 version. You can download KeeperFX here, although it still requires you to own Dungeon Keeper "for copyright reasons."

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According to the Korea Herald, Apple is expected to begin production of OLED displays for its next-gen iPad Pro in February 2024. MacRumors reports: Sources familiar with the matter speaking to the Korea Herald claim that LG Display is set to initiate OLED production for the new iPad Pro as early as February next year at their facility in Paju, Gyeonggi Province -- a time frame around three months sooner than previously expected. The displays are expected to be three times the price of those used in iPhones, which could translate to higher prices for customers. [...] Apple is reportedly seeking around 10 million OLED panels for the iPad in 2024. LG is expected to supply around 60% of the OLED panels, with the remaining portion supplied by Samsung, which is expected to focus on the 11-inch model only. Production of the panels for the next-generation iPad Pro is expected to help LG Displays' financial recovery next year. LG and Samsung are said to be currently finalizing price negotiations with Apple.

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According to Reuters, banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised by U.S. lawmakers and the federal consumer watchdog. From the report: The 2,100 financial firms on Zelle, a peer-to-peer network owned by seven banks including JPMorgan Chase and Bank of America, began reversing transfers as of June 30 for customers duped into sending money to scammers claiming to be from a government agency, bank or existing service provider, said Early Warning Services (EWS), the banks' company that owns Zelle. That's "well above existing legal and regulatory requirements," Ben Chance, chief fraud risk officer at EWS, told Reuters. Federal rules require banks to reimburse customers for payments made without their authorization, such as by hackers, but not when customers themselves make the transfer. While Zelle disclosed Aug. 30 that it had introduced a new reimbursement benefit for "specific scam types," it has not previously provided details on its new imposter scam refund policy due to worries doing so might encourage criminals to make false scam claims, a spokesperson said. The new policy marks a major shift from last year when bankers, including JPMorgan CEO Jamie Dimon, told lawmakers worried about rising scams that it was unreasonable to require banks to refund transfers that customers were tricked into approving.

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An anonymous reader quotes a report from TechCrunch: Michigan-based McLaren Health Care has confirmed that the sensitive personal and health information of 2.2 million patients was compromised during a cyberattack earlier this year. A ransomware gang later took credit for the cyberattack. In a new data breach notice filed with Maine's attorney general, McLaren said hackers were in its systems for three weeks during July 28 through August 23 before the healthcare company noticed a week later on August 31. McLaren said the hackers accessed patient names, their date of birth and Social Security number, and a wealth of medical information, including billing, claims and diagnosis information, prescription and medication details, and information relating to diagnostic results and treatments. Medicare and Medicaid patient information was also taken. McLaren is a healthcare provider with 13 hospitals across Michigan and about 28,000 total employees. McLaren, whose website touts its cost efficiency measures, made over $6 billion in revenue in 2022. News of the incident broke in October when the Alphv ransomware gang (also known as BlackCat) claimed responsibility for the cyberattack, claiming it took millions of patients' personal information. Days after the cyberattack was disclosed, Michigan attorney general Dana Nessel warned state residents that the breach "could affect large numbers of patients." TechCrunch has seen several screenshots posted by the ransomware gang on its dark web leak site showing access to the company's password manager, internal financial statements, some employee information, and spreadsheets of patient-related personal and health information, including names, addresses, phone numbers, Social Security numbers, and diagnostic information. Alphv/BlackCat claimed in its post that the gang had been in contact with a McLaren representative, without providing evidence of the claim.

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Japan plans to establish a new 1 trillion yen ($6.6 billion) fund to develop the country's outer space industry. "We believe it is a necessary fund to speed up our countryâ(TM)s space development so we donâ(TM)t lag behind the increasingly intensifying international competition," Sanae Takaichi, minister in charge of space development, said in a news conference last week. The Japan Times reports: The fund will be allocated over a 10-year period for the Japan Aerospace Exploration Agency (JAXA), an Education, Culture, Sports, Science and Technology Ministry spokesperson said. Some 300 billion yen has been set aside for the fund in the latest supplementary budget approved by the Cabinet on Friday. The funding, which will support JAXA and the development of Japanâ(TM)s space industry, was a response to increased public and private sector focus on space activities. Back in June, Tokyo unveiled a Space Basic Plan, detailing budgetary support for innovation in the private sector as an area of business growth. At the same time, it also unveiled a Space Security Initiative, which labeled space "a major arena for geopolitical competition for national power over diplomacy, defense, economic, and intelligence, as well as the science and technology and innovation that support these national powers."

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Anton Shilov reports via Tom's Hardware: A new report from a data recovery company now points the finger at design and manufacturing flaws as the underlying issue with the recent flood of SanDisk Extreme Pro failures that eventually spurred a class action lawsuit. It became clear in May that some of Western Digital's SanDisk Extreme Pro 4TB SSDs suffered from sudden data loss; at this point, the company promised a firmware update to owners of the 4TB models. However, the 2TB and 3TB models also suffer from the same issue, and Western Digital did not promise any firmware updates for these drives. Markus Hafele, Managing Director of Attingo, a data recovery company, told FutureZone that the problem lies in hardware, not firmware, which could explain the lack of corrective firmware updates for those models and SanDisk's continued silence about the source of the issues. Attingo, which has been in the data recovery business for over 25 years, normally sees these failed SanDisk Extreme Pro SSDs at least once a week. The problem appears to be rather complex. According to HÃfele, the components used in these SSDs are too big for the circuit board, causing weak connections (i.e., high impendence and high temperatures) and making them prone to breaking. He also says that the soldering material used to attach these components is prone to forming bubbles and breaking easily. It remains unknown whether the cause is cheap solder, the componentry, or both contribute to the issues observed. However, newer revisions of these SanDisk Extreme Pro SSDs seem to have been modified with extra epoxy resin to secure the oversized components. This suggests that Western Digital might know about the hardware problems. Nevertheless, these newer models are still failing, thus sending data recovery service customers to firms like Attingo. According to the head of Attingo, the issue seems to be affecting multiple product lineups, including both SanDisk Extreme Portable SSD as well as the SanDisk Extreme Pro Portable SSD.

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