Feed aggregator

Telegram's Peer-to-Peer Login System is a Risky Way To Save $5 a Month

Slashdot.org - Tue, 03/26/2024 - 09:40
Telegram is offering a new way to earn a premium subscription free of charge: all you have to do is volunteer your phone number to relay one-time passwords (OTP) to other users. This, in fact, sounds like an awful idea -- particularly for a messaging service based around privacy. From a report: X user @AssembleDebug spotted details about the new program on the English-language version of a popular Russian-language Telegram information channel. Sure enough, there's a section in Telegram's terms of service outlining the new "Peer-to-Peer Login" or P2PL program, which is currently only offered on Android and in certain (unspecified) locations. By opting in to the program, you agree to let Telegram use your phone number to send up to 150 texts with OTPs to other users logging in to their accounts. Every month your number is used to send a minimum number of OTPs, you'll get a gift code for a one-month premium subscription. Boy does this sound like a bad idea, starting with the main issue: your phone number is seen by the recipient every time it's used to send an OTP.

Read more of this story at Slashdot.

AI Will Suck Up 500% More Power in UK in 10 Years, Grid CEO Says

Slashdot.org - Tue, 03/26/2024 - 09:00
Electricity demand from UK data centers will jump sixfold over the next 10 years as a boom in AI requires increased computing power, according to the head of National Grid. From a report: That will ramp up pressure on the country's electricity network, which must move vast quantities of renewable energy from as far away as Scottish wind farms to data centers around London. And it's a grid already under strain from the accelerating electrification of home heating, transportation and industries. "Future growth in foundational technologies like artificial intelligence and quantum computing will mean larger-scale, energy-intensive computing infrastructure," National Grid Chief Executive Officer John Pettigrew said Tuesday at a conference in Oxford. It's an outlook replicated in many other countries, which are grappling with how to fund the massive spending required to expand capacity. Global electricity demand from data centers, AI and cryptocurrencies may more than double over the next three years, according to International Energy Agency forecasts.

Read more of this story at Slashdot.

Reddit May Need To Ramp Up Spending On Content Moderation, Analysts Say

Slashdot.org - Tue, 03/26/2024 - 08:00
An anonymous reader quotes a report from Reuters: Reddit will need to spend heavily on content moderation as it may face greater scrutiny as a public company, analysts said, threatening its longstanding policy of relying on an army of volunteers to maintain order on its platform. The newly listed company warned in its initial public offering (IPO) paperwork that its unique approach to content moderation can sometimes subject it to disruptions like in 2023, when several moderators protested against its decision to charge third-party app developers for access to its data. Depending on volunteers is not sustainable, given the regulatory scrutiny that the company will now face, said Julian Klymochko, CEO of alternative investment solutions firm Accelerate Financial Technologies. "It's like relying on unpaid labor when the company has nearly a billion dollars in revenue," he added. Reddit reported revenue of $804 million in 2023, according to an earlier filing. Reddit will need to make substantial investments in trust and safety, which could lead to a "dramatic" rise in expenses, Klymochko said. Josh White, former economist at the Securities and Exchange Commission and assistant professor of finance at Vanderbilt University, also said that banking on free volunteers is Reddit's biggest risk. The company would need to ramp up spending on anti-misinformation efforts especially as the U.S. prepares for the presidential election later this year, White said. "We believe our approach is the most sustainable and scalable moderation model that exists online today. We are continually investing in and iterating on new tools and policies to improve our internal capabilities," the Reddit spokesperson said.

Read more of this story at Slashdot.

Comment