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The private equity industry is experiencing a quiet reckoning as hundreds of midsize firms find themselves trapped between investors who have lost patience and portfolios of companies they cannot sell at acceptable prices. "There is existential risk for a number [of funds] because of the fundraising environment," said Sunaina Sinha Haldea, global head of private capital advisory at Raymond James. "If existing investors don't come and support them, new investors are highly unlikely to." According to data from Preqin, the average buyout fund that closed in 2025 spent 23 months fundraising, up from 16 months in 2021, and the total number of funds raised fell to 1,191 from 2,679 over the same period. New York's Vestar Capital scrapped plans for its eighth fund in late 2024 and has not invested in a new portfolio company since 2023. The firm's assets under management dropped from $7 billion fifteen years ago to $3.3 billion in 2024. Three-year annualized returns through June 2025 for the Cambridge Associates U.S. Private Equity Index stand at 7.4%, trailing the MSCI World stock index by 11 percentage points annually. The average holding period for buyout deals has stretched to 6.3 years from 5.1 years in 2020. Blue-chip megafunds continue raising capital normally, but smaller firms face existential pressure.

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Apple has acquired Q.AI, a secretive Israeli startup whose technology can analyze facial skin micro-movements to interpret "silent speech," in a deal valued at close to $2 billion that marks the iPhone maker's second-largest acquisition ever, according to backer GV (formerly Google Ventures). The four-year-old company was founded in Tel Aviv in 2022 by Aviad Maizels, Yonatan Wexler and Avi Barliya. Patents filed by Q.AI show its technology being deployed in headphones or smart glasses to enable non-verbal communication with an AI assistant. The acquisition comes as Meta's Ray-Ban smart glasses already let wearers talk to its AI, and Google and Snap are preparing to launch competing devices later this year.

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An anonymous reader shares a report: Chat & Ask AI, one of the most popular AI apps on the Google Play and Apple App stores that claims more than 50 million users, left hundreds of millions of those users' private messages with the app's chatbot exposed, according to an independent security researcher and emails viewed by 404 Media. The exposed chats showed users asked the app "How do I painlessly kill myself," to write suicide notes, "how to make meth," and how to hack various apps. The exposed data was discovered by an independent security researcher who goes by Harry. The issue is a misconfiguration in the app's usage of the mobile app development platform Google Firebase, which by default makes it easy for anyone to make themselves an "authenticated" user who can access the app's backend storage where in many instances user data is stored. Harry said that he had access to 300 million messages from more than 25 million users in the exposed database, and that he extracted and analyzed a sample of 60,000 users and a million messages. The database contained user files with a complete history of their chats with the AI, timestamps of those chats, the name they gave the app's chatbot, how they configured the model, and which specific model they used. Chat & Ask AI is a "wrapper" that plugs into various large language models from bigger companies users can choose from, Including OpenAI's ChatGPT, Anthropic's Claude, and Google's Gemini.

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Microsoft's Xbox hardware revenue fell 32% in the final quarter of 2025 and overall gaming revenue declined 9% year-over-year, according to the company's latest quarterly earnings, released as part of results showing Microsoft's total revenue exceeded $80 billion. Xbox content and services revenue, which includes Game Pass, dropped 5%.

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An anonymous reader shares a report: Windows 11 now has one billion users. Microsoft hit the milestone during the recent holiday quarter, meaning Windows 11 has managed to reach one billion users faster than Windows 10 did nearly six years ago. "Windows reached a big milestone, 1 billion Windows 11 users," said Microsoft CEO Satya Nadella on the company's fiscal Q2, 2026 earnings call. "Up over 45 percent year-over-year." The growth of Windows 11 over the past quarter will be related to Microsoft's end of support for Windows 10, which also helped increase Microsoft's Windows OEM revenues.

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Jeff Mahoney, who holds a vice-president position at SUSE, has posted a detailed proposal for improving the governance of the openSUSE project.

It's meant to be a way to move from governance by volume or persistence toward governance by legitimacy, transparency, and process - so that disagreements can be resolved fairly and the project can keep moving forward. Introducing structure and predictability means it easier for newcomers to the project to participate without needing to understand decades of accumulated history. It potentially could provide a clearer roadmap for developers to find a place to contribute.

The stated purpose is to start a discussion; this is openSUSE, so he is likely to succeed.

The extensible scheduler class (sched_ext) allows the installation of a custom CPU scheduler built as a set of BPF programs. Its merging for the 6.12 kernel release moved the kernel away from the "one scheduler fits all" approach that had been taken until then; now any system can have its own scheduler optimized for its workloads. Within any given machine, though, it's still "one scheduler fits all"; only one scheduler can be loaded for the system as a whole. The sched_ext sub-scheduler patch series from Tejun Heo aims to change that situation by allowing multiple CPU schedulers to run on a single system.

A Waymo robotaxi struck a child near an elementary school in Santa Monica on January 23, according to the company. Waymo told the National Highway Traffic Safety Administration (NHTSA) that the child -- whose age and identity are not currently public -- sustained minor injuries. TechCrunch: The NHTSA has opened an investigation into the accident, and Waymo said in a blog post that it "will cooperate fully with them throughout the process." Waymo said its robotaxi struck the child at 6 miles per hour, after braking "hard" from around 17 miles per hour. The young pedestrian "suddenly entered the roadway from behind a tall SUV, moving directly into our vehicle's path," the company said in its blog post. Waymo said its vehicle "immediately detected the individual as soon as they began to emerge from behind the stopped vehicle." "Following contact, the pedestrian stood up immediately, walked to the sidewalk, and we called 911. The vehicle remained stopped, moved to the side of the road, and stayed there until law enforcement cleared the vehicle to leave the scene," Waymo wrote in the post.

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Apple sold seven of the ten best-selling smartphones globally in 2025, a lopsided dominance that underscores how thoroughly the company controls the premium end of the mobile market. The iPhone 16 was the single best-selling phone worldwide, and Apple's presence extended all the way down to the tenth spot where the iPhone 16e -- its newest budget-friendly option -- found consistent demand in Japan and the U.S., according to Counterpoint. Samsung accounted for the remaining three positions, led by the Galaxy A16 5G as the best-selling Android device of the year. The Galaxy S25 Ultra also made the cut, marking the second straight year a Samsung flagship cracked the top ten. Together these ten phones from just two companies represented 19% of all smartphones sold during the year, continuing a four-year streak of Apple-Samsung exclusivity at the top.

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Security updates have been issued by AlmaLinux (java-25-openjdk, openssl, and python3.9), Debian (gimp, libmatio, pyasn1, and python-django), Fedora (perl-HarfBuzz-Shaper, python-tinycss2, and weasyprint), Mageia (glib2.0), Oracle (curl, fence-agents, gcc-toolset-15-binutils, glibc, grafana, java-1.8.0-openjdk, kernel, mariadb, osbuild-composer, perl, php:8.2, python-urllib3, python3.11, python3.11-urllib3, python3.12, and python3.12-urllib3), SUSE (alloy, avahi, bind, buildah, busybox, container-suseconnect, coredns, gdk-pixbuf, gimp, go1.24, go1.24-openssl, go1.25, helm, kernel, kubernetes, libheif, libpcap, libpng16, openjpeg2, openssl-1_0_0, openssl-1_1, openssl-3, php8, python-jaraco.context, python-marshmallow, python-pyasn1, python-urllib3, python-virtualenv, python311, python313, rabbitmq-server, xen, zli, and zot-registry), and Ubuntu (containerd, containerd-app and wlc).

Android smartphone maker Nothing won't release a Phone 4 this year, the company's founder and chief executive said, and that the 2025 Phone 3 will remain the brand's flagship device throughout 2026. "We're not just going to churn out a new flagship every year for the sake of it, we want every upgrade to feel significant," Carl Pei said in a video. "Just because the rest of the industry does things a certain way it doesn't mean we will do the same."

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An anonymous reader quotes a report from Forbes: Gatik, a Silicon Valley startup developing self-driving delivery trucks, says its commercial operations are about to scale up dramatically, from fewer than a dozen driverless units running in multiple U.S. states now to hundreds of box trucks by the end of the year. CEO Gautam Narang said it's also booked contracts with retailers worth at least $600 million for its automated fleet. "We have 10 fully driverless, revenue-generating trucks on public roads. Very soon, in the coming weeks, we expect that increase to 60 trucks," he told Forbes. "We expect to end the year with hundreds of driverless trucks -- revenue-generating -- deployed across multiple markets in the U.S." Though the Mountain View, California-based company hasn't raised as much funding as rivals, including Aurora, Kodiak and Canada's Waabi, Gatik said it's actually scaling up faster than any other robot truck developer. Unlike those companies, it focuses on smaller freight delivery vehicles, rather than full-size semis, supplied by truckmaker Isuzu that operate mainly between warehouses and supermarkets and other large stores. The company's focus has been on so-called middle-mile trucking, which, like long-haul routes, has a severe shortage of human drivers, according to Narang. Currently, its trucks are on the road in Texas, Arkansas, Arizona, Nebraska and Ontario, Canada. The company has been generating revenue since shortly after its founding in 2017, hauling loads for customers like Walmart in trucks with human safety drivers at the wheel. Beginning late last year, it began shifting to fully driverless units and is getting more trucks from Isuzu built specifically to incorporate its tech, Narang said. "The hardware that we are using, this is our latest generation, has been designed to enable driver-out across thousands of trucks."

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joshuark shares a report from BleepingComputer: The FBI has seized the notorious RAMP cybercrime forum, a platform used to advertise a wide range of malware and hacking services, and one of the few remaining forums that openly allowed the promotion of ransomware operations. Both the forum's Tor site and its clearnet domain, ramp4u[.]io, now display a seizure notice stating, "The Federal Bureau of Investigation has seized RAMP." While there has been no official announcement by law enforcement regarding this seizure, the domain name servers have now been switched to those used by the FBI when seizing domains. If so, law enforcement now has access to a significant amount of data tied to the forum's users, including email addresses, IP addresses, private messages, and other potentially incriminating information. In a forum post to the XSS hacking forum, one of the alleged former RAMP operators known as "Stallman" confirmed the seizure.

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Apple TV+ has landed the screen rights to Cosmere, the sprawling literary universe created by Brandon Sanderson. "The first titles being eyed for adaptation are the Mistborn series, for features, and The Stormlight Archive series, for television," reports the Hollywood Reporter. From the report: The deal is rare one, coming after a competitive situation which saw Sanderson meet with most of the studio heads in town. It gives the author rarefied control over the screen translations, according to sources. Sanderson will be the architect of the universe; will write, produce and consult; and will have approvals. That's a level of involvement that not even J.K. Rowling or George R.R. Martin enjoys. Sanderson's literary success and fan following helped pave the way for such a deal. One of the most prolific and beloved fantasy authors working today, he has sold over 50 million copies of his books worldwide, collectively across his series. [...] While the Cosmere books are set in various worlds and eras, the underlying premise concerns a being named Adolnasium who is killed by a group of conspirators. The being's power is broken into 16 shards, which are then spread out throughout many worlds by the conspirators, spreading many kinds of magic across the universe.

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Scientific American's Elizabeth Anne Brown recently "polled the great art houses of Europe" about whether they'd had any recent experiences with mold in their collections. Despite the stigma that keeps many institutions silent, she found that extremophile "xerophilic" molds are quietly spreading through museums and archives, thriving in low-humidity, tightly sealed storage and damaging everything from textiles and wood to manuscripts and stone. An anonymous Slashdot reader shares an excerpt from the article: Mold is a perennial scourge in museums that can disfigure and destroy art and artifacts. [...] Consequently, mold is spoken of in whispers in the museum world. Curators fear that even rumors of an infestation can hurt their institution's funding and blacklist them from traveling exhibitions. When an infestation does occur, it's generally kept secret. The contract conservation teams that museums hire to remediate invasive mold often must vow confidentiality before they're even allowed to see the damage. But a handful of researchers, from in-house conservators to university mycologists, are beginning to compare notes about the fungal infestations they've tackled in museum storage depots, monastery archives, crypts and cathedrals. A disquieting revelation has emerged from these discussions: there's a class of molds that flourish in low humidity, long believed to be a sanctuary from decay. By trying so hard to protect artifacts, we've accidentally created the "perfect conditions for [these molds] to grow," says Flavia Pinzari, a mycologist at the Council of National Research of Italy. "All the rules for conservation never considered these species." These molds -- called xerophiles -- can survive in dry, hostile environments such as volcano calderas and scorching deserts, and to the chagrin of curators across the world, they seem to have developed a taste for cultural heritage. They devour the organic material that abounds in museums -- from fabric canvases and wood furniture to tapestries. They can also eke out a living on marble statues and stained-glass windows by eating micronutrients in the dust that accumulates on their surfaces. And global warming seems to be helping them spread. Most frustrating for curators, these xerophilic molds are undetectable by conventional means. But now, armed with new methods, several research teams are solving art history cold cases and explaining mysterious new infestations... The xerophiles' body count is rising: bruiselike stains on Leonardo da Vinci's most famous self-portrait, housed in Turin. Brown blotches on the walls of King Tut's burial chamber in Luxor. Pockmarks on the face of a saint in an 11th-century fresco in Kyiv. It's not enough to find and identify the mold. Investigators are racing to determine the limits of xerophilic life and figure out which pieces of our cultural heritage are at the highest risk of infestation before the ravenous microbes set in.

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Longtime Slashdot reader AmiMoJo shares a report from Reuters: Fully electric car sales in December overtook petrol for the first time in the European Union, even as policymakers proposed to loosen emissions regulations, data showed on Tuesday. U.S. battery-electric brand Tesla continued to lose market share to competitors including China's BYD and Europe's best-selling group Volkswagen, data from the European auto lobby ACEA showed. Car sales throughout Europe sustained a sixth straight month of year-on-year growth, with overall registrations, a proxy for sales, hitting their highest volumes in five years in Europe in 2025, though they remained well below pre-pandemic levels. [...] December registrations of battery electric, plug-in hybrid and hybrid electric cars were up 51%, 36.7% and 5.8%, respectively, to account collectively for 67% of the bloc's registrations, up from 57.8% in December 2024.

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The Linux kernel community has formalized a continuity plan for the day Linus Torvalds eventually steps aside, defining how the process would work to replace him as the top-level maintainer. ZDNet's Steven Vaughan-Nichols reports: The new "plan for a plan," drafted by longtime kernel contributor Dan Williams, was discussed at the latest Linux Kernel Maintainer Summit in Tokyo, where he introduced it as "an uplifting subject tied to our eventual march toward death." Torvalds added, in our conversation, that "part of the reason it came up this time around was that my previous contract with Linux Foundation ended Q3 last year, and people on the Linux Foundation Technical Advisory Board had been aware of that. Of course, they were also aware that we'd renewed the contract, but it meant that it had been discussed." The plan stops short of naming a single heir. Instead, it creates an explicit process for selecting one or more maintainers to take over the top-level Linux repository in a worst-case or orderly-transition scenario, including convening a conclave to weigh options and maximize long-term project health. One maintainer in Tokyo jokingly suggested that the group, like the conclave that selects a new pope, be locked in a room and that a puff of white smoke be sent out when a decision was reached. The document frames this as a way to protect against the classic "bus factor" problem. That is, what happens to a project if its leader is hit by a bus? Torvalds' central role today means the project currently assumes a bus-factor of one, where a single person's exit could, in theory, destabilize merges and final releases. In practice, as Torvalds and other top maintainers have discussed, the job of top penguin would almost certainly currently go to Greg Kroah-Hartman, the stable-branch Linux kernel maintainer. Responding to the suggestion that the backup replacement would be Greg KH, Torvalds said: "But the thing is, Greg hasn't always been Greg. Before Greg, there was Andrew Morton and Alan Cox. After Greg, there will be Shannon and Steve. The real issue is you have to have a person or a group of people that the development community can trust, and part of trust is fundamentally about having been around for long enough that people know how you work, but long enough does not mean to be 30 years."

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Inside this week's LWN.net Weekly Edition:

• Front: PostmarketOS; LKRG 1.0; Fedora elections; EROFS, NTFS, and XFS; Fedora and GPG 2.5; BPF kfuncs.
• Briefs: curl bounties; GPG security; Guix 1.5.0; ReactOS turns 30; glibc 2.43; Rust 1.93; Xfwl4; Quotes; ...
• Announcements: Newsletters, conferences, security updates, patches, and more.

French lawmakers have voted to ban social media access for children under 15 and prohibit mobile phones in high schools, positioning France as the second country after Australia to impose sweeping age-based digital restrictions. The Guardian reports: The lower national assembly adopted the text by a vote of 130 to 21 in a lengthy overnight session from Monday to Tuesday. It will now go to the Senate, France's upper house, ahead of becoming law. Macron hailed the vote as a "major step" to protect French children and teenagers in a post on X. The legislation, which also provides for a ban on mobile phones in high schools, would make France the second country to take such a step following Australia's ban for under-16s in December. [...] "The emotions of our children and teenagers are not for sale or to be manipulated, either by American platforms or Chinese algorithms," Macron said in a video broadcast on Saturday. Authorities want the measures to be enforced from the start of the 2026 school year for new accounts. Former prime minister Gabriel Attal, who leads Macron's Renaissance party in the lower house, said he hoped the Senate would pass the bill by mid-February so that the ban could come into force on September 1. He added that "social media platforms will then have until December 31 to deactivate existing accounts" that do not comply with the age limit. [...] The draft bill excludes online encyclopedias and educational platforms. An effective age verification system would have to come into force for the ban to become reality. Work on such a system is under way at the European level.

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An anonymous reader quotes a report from Bloomberg: Investors are souring on the bonds of software companies that service industries ranging from automotive to finance as fast-paced artificial intelligence innovations threaten to upend their business models. [...] Bond prices tumbled as advances in artificial intelligence rack up. Google announced plans to launch an AI assistant to browse for internet surfers Wednesday while a customer support startup, Decagon AI Inc., raised a new round of funding. Such developments are further stoking the angst about AI displacing enterprise software companies, driving a selloff in the sector's stocks and bonds across the globe. [...] Some say the AI fears weighing on software companies are overdone. "While point-solution software faces disruption risk, large company platforms with complex workflows and proprietary data are better positioned to benefit from AI-driven automation," wrote Union Bancaire Prive in its investment outlook for 2026 released this week. But a recent report by EY-Parthenon flagged that in the UK last year, software and computer services firms issued the highest number of warnings on earnings among listed firms. "Software multiples have compressed amid uncertainty around whether incumbents can defend pricing power and sustain growth in an AI-first work-flow environment," wrote Bruce Richards, chief executive officer and chairman of Marathon Asset Management, in a LinkedIn post last week.

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