Slashdot reader BrianFagioli writes: The Salvation Army has launched what it calls the world's first digital thrift store inside Roblox, an experience named Thrift Score that lets players browse virtual racks and buy digital fashion for their avatars.

While I understand the strategy of meeting Gen Z and Gen Alpha where they already spend time and money, I feel uneasy about turning something that, in the real world, often serves low income families in genuine need into a gamified aesthetic inside a video game, even if proceeds support rehabilitation and community programs, because a thrift store is not just a quirky brand concept but a lifeline for many people, and packaging that reality as entertainment creates a strange disconnect that is hard to ignore. ... [ Read it >> ]

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CNN reports on a 13,000-year-old glacier in a Romanian cave, where scientists say a bacterial strain they thawed and analyzed "is resistant to 10 modern antibiotics used to treat diseases such as urinary tract infections and tuberculosis."

But there's no evidence the bacteria is harmful to humans, CNN notes, and "The scientists said the insights they have gained from the work may help in the fight against modern superbugs that can't be treated by commonly used antibiotics."... [ Read it >> ]

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Can being "very online" really affect our brains, asks the Washington Post:

Research suggests that scrolling through short videos on TikTok, Instagram or YouTube Shorts is affecting our attention, memory and mental health. A recent meta-analysis of the scientific literature found that increased use of short-form video was linked with poorer cognition and increased anxiety... ... [ Read it >> ]

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This week the Python Software Foundation explained how they keep Python secure. A new blog post recognizes the volunteers and paid Python Software Foundation staff on the Python Security Response Team (PSRT), who "triage and coordinate vulnerability reports and remediations keeping all Python users safe."... [ Read it >> ]

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An anonymous reader quotes a report from the Guardian: You wear them at work, you wear them at play, you wear them to relax. You may even get sweaty in them at the gym. But an investigation into headphones has found every single pair tested contained substances hazardous to human health, including chemicals that can cause cancer, neurodevelopmental problems and the feminization of males. [...] Researchers say that while individual doses from particular sources may be low, a "cocktail effect" of daily, multi-source exposure nevertheless poses potentially severe long-term risks to health. [...]... [ Read it >> ]

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OpenAI is reportedly developing its first consumer hardware product: a $200-$300 smart speaker with a built-in camera capable of recognizing "items on a nearby table or conversations people are having in the vicinity." It's also said to feature Face ID-style authentication for purchases. The Verge reports: In addition to the smart speaker, OpenAI is "possibly" working on smart glasses and a smart lamp, The Information reports. (Apple may also be working on a smart lamp.) But OpenAI's glasses might not hit mass production until 2028, and while OpenAI has made prototypes of gadgets like the smart lamp, The Information says it's "unclear" if they'll be released and that OpenAI's devices plans are in early stages.... [ Read it >> ]

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Researchers at the Thomas Jefferson National Accelerator Facility are advancing Accelerator-Driven Systems (ADS) that use high-energy proton beams to transmute long-lived nuclear waste into shorter-lived isotopes. "The process also generates significant heat, which can be harnessed to produce additional electricity for the grid," reports Interesting Engineering. The projects are supported by $8.17 million in grants from the Department of Energy's NEWTON (Nuclear Energy Waste Transmutation Optimized Now) program. From the report: The researchers are developing ADS technology. This system uses a particle accelerator to fire high-energy protons at a target (such as liquid mercury), triggering a process called "spallation." This releases a flood of neutrons that interact with unwanted, long-lived isotopes in nuclear waste. The technology can effectively "burn" the most hazardous components of the waste by transmuting these elements. While unprocessed fuel remains dangerous for approximately 100,000 years, partitioning and recycling via ADS can reduce that window to just 300 years. [...]... [ Read it >> ]

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An anonymous reader quotes a report from NPR: NASA could launch four astronauts on a mission to fly around the moon as soon as March 6th. That's the launch date (PDF) that the space agency is now working towards following a successful test fueling of its big, 322-foot-tall moon rocket, which is standing on a launch pad at the Kennedy Space Center in Florida.... [ Read it >> ]

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Backlash intensified against Discord's age verification rollout after it briefly disclosed a UK age-verification test involving vendor Persona, contradicting earlier claims about minimal ID storage and transparency. Ars Technica explains: One of the major complaints was that Discord planned to collect more government IDs as part of its global age verification process. It shocked many that Discord would be so bold so soon after a third-party breach of a former age check partner's services recently exposed 70,000 Discord users' government IDs.... [ Read it >> ]

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Users say Pinterest has become flooded with AI-generated images and heavy-handed automated moderation, with artists reporting wrongful takedowns and their hand-drawn work mislabeled as "AI modified." As the company doubles down on AI features and layoffs, longtime users argue the platform's creative ecosystem is being undermined. 404 Media reports: "I feel like, increasingly, it's impossible to talk to a single human [at Pinterest]," artist and Pinterest user Tiana Oreglia told 404 Media. "Along with being filled with AI images that have been completely ruining the platform, Pinterest has implemented terrible AI moderation that the community is up in arms about. It's banning people randomly and I keep getting takedown notices for pins." [...]... [ Read it >> ]

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Meta is pivoting Horizon Worlds away from its original VR-centric metaverse vision and toward a mobile-first strategy, "explicitly separating" its Quest VR platform from the virtual world. TechCrunch reports: By going mobile-first, Horizon Worlds is positioning itself to compete with popular platforms like Roblox and Fortnite. "We're in a strong position to deliver synchronous social games at scale, thanks to our unique ability to connect those games with billions of people on the world's biggest social networks," Samantha Ryan, Reality Labs' VP of content, said in the blog post. "You saw this strategy start to unfold in 2025, and now, it's our main focus." Ryan went on to note that Meta is still focused on VR hardware. "We have a robust roadmap of future VR headsets that will be tailored to different audience segments as the market grows and matures," Ryan wrote.... [ Read it >> ]

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An anonymous reader quotes a report from Bloomberg: Shares of cybersecurity software companies tumbled Friday after Anthropic PBC introduced a new security feature into its Claude AI model. Crowdstrike Holdings was the among the biggest decliners, falling as much as 6.5%, while Cloudflare slumped more than 6%. Meanwhile, Zscaler dropped 3.5%, SailPoint shed 6.8%, and Okta declined 5.7%. The Global X Cybersecurity ETF fell as much as 3.8%, extending its losses on the year to 14%.... [ Read it >> ]

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Goldman Sachs has launched an "S&P ex-AI" index (SPXXAI) that tracks the S&P 500 stocks not related to AI, offering investors a way to "hedge their exposure to the AI trade," reports Axios. From the report: "Excluding 'AI enablers' from the passive benchmark would eliminate the noise introduced by the AI hype," Louis Miller, head of the firm's equity custom basket desk, wrote in a note to clients about the new index.... [ Read it >> ]

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An anonymous reader quotes a report from Ars Technica: The English-language edition of Wikipedia is blacklisting Archive.today after the controversial archive site was used to direct a distributed denial of service (DDoS) attack against a blog. In the course of discussing whether Archive.today should be deprecated because of the DDoS, Wikipedia editors discovered that the archive site altered snapshots of webpages to insert the name of the blogger who was targeted by the DDoS. The alterations were apparently fueled by a grudge against the blogger over a post that described how the Archive.today maintainer hid their identity behind several aliases.... [ Read it >> ]

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Xbox chief and Microsoft Gaming CEO Phil Spencer is leaving Microsoft after nearly 40 years at the company. "Meanwhile, Xbox President Sarah Bond, "long thought by many both inside and outside of Microsoft to be Spencer's heir apparent, has resigned," reports IGN. From the report: The new CEO of Microsoft Gaming will be Asha Sharma, currently the President of Microsoft's CoreAI product. Finally, Xbox Game Studios head Matt Booty is being promoted to Chief Content Officer and will work closely with Sharma. "I want to thank Phil for his extraordinary leadership and partnership," Microsoft CEO Satya Nadella said in an email sent to Microsoft staff. "Over 38 years at Microsoft, including 12 years leading Gaming, Phil helped transform what we do and how we do it." [...]... [ Read it >> ]

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Microsoft pulled a year-old blog post this week after a Hacker News thread flagged that it had encouraged developers to download all seven Harry Potter books from a Kaggle dataset -- incorrectly marked as public domain -- and use them to train AI models on the company's Azure platform. ... [ Read it >> ]

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OpenAI faces four fundamental strategic problems that no amount of fundraising or capex announcements can paper over, according to analyst Benedict Evans: it has no unique technology, its enormous user base is shallow and fragile, incumbents like Google and Meta are leveraging superior distribution to close the gap, and its product roadmap is dictated by whatever the research labs happen to discover rather than by deliberate product strategy. ... [ Read it >> ]

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An anonymous reader shares a report: Meta product managers are rebranding. Some are now calling themselves "AI builders," a signal that AI coding tools are changing who gets to build software inside the company. One of them, Jeremie Guedj, announced the change in a LinkedIn post last week. "I still can't believe I'm writing this: as of today, my full-time job at Meta is AI Builder," he wrote. ... [ Read it >> ]

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An anonymous reader shares a report: When will AI movies start showing up in theaters nationwide? It was supposed to be next month. But when word leaked online that an AI short film contest winner was going to start screening before feature presentations in AMC Theatres, the cinema chain decided not to run the content. ... [ Read it >> ]

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Cable TV providers have spent the past decade losing tens of millions of households to streaming services, but companies like Charter Communications are now slowing that exodus by bundling the very apps that once threatened to replace them.

Charter added 44,000 net video subscribers in the fourth quarter of 2025, its first growth in that count since 2020, after integrating Disney+, Hulu, and ESPN+ directly into Spectrum cable packages -- a deal that grew out of a contentious 2023 contract dispute with Disney. Comcast and Optimum still lost subscribers in the quarter, though both saw those losses narrow. ... [ Read it >> ]

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PayPal is notifying customers of a data breach after a software error in a loan application exposed their sensitive personal information, including Social Security numbers, for nearly 6 months last year. From a report: The incident affected the PayPal Working Capital (PPWC) loan app, which provides small businesses with quick access to financing. PayPal discovered the breach on December 12, 2025, and determined that customers' names, email addresses, phone numbers, business addresses, Social Security numbers, and dates of birth had been exposed since July 1, 2025. ... [ Read it >> ]

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India's IT services giants have spent decades deploying, customizing, and maintaining the world's largest enterprise software platforms, putting hundreds of thousands of engineers in daily contact with the business logic and proprietary architectures of vendors like SAP and Oracle. None of them have built a competing product that gained meaningful traction against the U.S. incumbents, HSBC said in a note to clients, using this history to argue AI-generated code faces the same structural barriers. ... [ Read it >> ]

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schwit1 writes: An IT blunder has revealed an apparent smuggling ring that has moved at least $90bn of Russian oil and is playing a central role in funding the Kremlin's war in Ukraine. Financial Times has identified 48 seemingly independent companies working from different physical addresses that appear to be operating together to disguise the origin of Russian oil, particularly from Kremlin-controlled Rosneft. The network was discovered because they all share a single private email server. The report adds: The FT was able to identify 442 web domains whose public registrations show they all use a single private server for their email, "mx.phoenixtrading.ltd," showing that they share back-office functions. The FT was then able to identify companies by comparing the names in the domain to those of entities that appear in Russian and Indian customs records as involved in carrying Russian oil.... [ Read it >> ]

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The U.S. Supreme Court struck down on Friday President Donald Trump's sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major implications for the global economy. From a report: The justices, in a 6-3 ruling authored by conservative Chief Justice John Roberts, upheld a lower court's decision that the Republican president's use of this 1977 law exceeded his authority. ... [ Read it >> ]

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An anonymous reader shares a report: Amazon's cloud unit has suffered at least two outages due to errors involving its own AI tools [non-paywalled source], leading some employees to raise doubts about the US tech giant's push to roll out these coding assistants.

Amazon Web Services experienced a 13-hour interruption to one system used by its customers in mid-December after engineers allowed its Kiro AI coding tool to make certain changes, according to four people familiar with the matter. ... [ Read it >> ]

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An anonymous reader quotes a report from Bloomberg: In early 2024, the agency that oversees cybersecurity for much of the US government issued a rare emergency order -- disconnect your Connect Secure virtual private network software immediately. Chinese spies had hacked the code and infiltrated nearly two dozen organizations. The directive applied to all civilian federal agencies, but given the product's customer base, its impact was more widely felt. The software, which is made by Ivanti Inc., was something of an industry standard across government and much of the corporate world. Clients included the US Air Force, Army, Navy and other parts of the Defense Department, the Department of State, the Federal Aviation Administration, the Federal Reserve, the National Aeronautics and Space Administration, thousands of companies and more than 2,000 banks including Wells Fargo & Co. and Deutsche Bank AG, according to federal procurement records, internal documents, interviews and the accounts of former Ivanti employees who requested anonymity because they were not authorized to disclose customer information.... [ Read it >> ]

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New York Governor Kathy Hochul has dropped a proposal that would have allowed limited commercial robotaxi deployments outside New York City, citing a lack of support among state legislators. "The move is a blow to Waymo and other robotaxi companies who saw New York, and especially New York City, as a potential goldmine," reports The Verge. From the report: The plan, which was introduced by Hochul as part of the state's budget proposal last month, would have allowed limited robotaxi deployment in cities other than the Big Apple -- while leaving whether New York City would get autonomous vehicles up to the mayor and the City Council. But now that plan is DOA, as support in the legislature never materialized. "Based on conversations with stakeholders, including in the legislature, it was clear that the support was not there to advance this proposal," Sean Butler, a Hochul spokesperson, said in a statement. "While we are disappointed by the Governor's decision, we're committed to bringing our service to New York and will work with the State Legislature to advance this issue," Waymo spokesperson Ethan Teicher said in a statement. "The path forward requires a collaborative approach that prioritizes transparency and public safety."... [ Read it >> ]

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NASA has officially classified Boeing Starliner's 2024 crewed flight as a "Type A" mishap, acknowledging serious technical failures and leadership shortcomings that nearly left astronauts unable to safely return. Administrator Jared Isaacman released (PDF) a 311-page internal report citing flawed decision-making and cultural issues, with the next Starliner flight now planned as uncrewed pending major fixes. Ars Technica reports: As part of the announcement, NASA Administrator Jared Isaacman sent an agency-wide letter that recognized the shortcomings of both Starliner's developer, Boeing, as well as the space agency itself. Starliner flew under the auspices of NASA's Commercial Crew Program, in which the agency procures astronaut transportation services to the International Space Station. "We are taking ownership of our shortcomings," Isaacman said.... [ Read it >> ]

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US President Donald Trump says he will direct US agencies, including the defence department, to "begin the process of identifying and releasing" government files on aliens and extraterrestrial life. From a report: Trump made the declaration in a post on Truth Social, after he accused Barack Obama earlier in the day of revealing classified information when the former president said "aliens are real" on a podcast last week. "He's not supposed to be doing that," Trump told reporters aboard Air Force One, adding: "He made a big mistake." ... [ Read it >> ]

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An anonymous reader quotes a report from Scientific American: Why does "bouba" sound round and "kiki" sound spiky? This intuition that ties certain sounds to shapes is oddly reliable all over the world, and for at least a century, scientists have considered it a clue to the origin of language, theorizing that maybe our ancestors built their first words upon these instinctive associations between sound and meaning. But now a new study adds an unexpected twist: baby chickens make these same sound-shape connections, suggesting that the link to human language may not be so unique. The results, published today in Science, challenge a long-standing theory about the so-called bouba-kiki effect: that it might explain how humans first tethered meaning to sound to create language. Perhaps, the thinking goes, people just naturally agree on certain associations between shapes and sounds because of some innate feature of our brain or our world. But if the barnyard hen also agrees with such associations, you might wonder if we've been pecking at the wrong linguistic seed.... [ Read it >> ]

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The U.S. State Department is reportedly developing a site called freedom.gov that would let users in Europe and elsewhere access content restricted under local laws, "including alleged hate speech and terrorist propaganda," reports Reuters. Washington views the move as a way to counter censorship. Reuters reports: One source said officials had discussed including a virtual private network function to make a user's traffic appear to originate in the U.S. and added that user activity on the site will not be tracked. Headed by Undersecretary for Public Diplomacy Sarah Rogers, the project was expected to be unveiled at last week's Munich Security Conference but was delayed, the sources said. Reuters could not determine why the launch did not happen, but some State Department officials, including lawyers, have raised concerns about the plan, two of the sources said, without detailing the concerns.... [ Read it >> ]

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California's recently-proposed AB-2047 would require 3D printers sold in the state to be DOJ-approved models equipped with "firearm blocking technology," banning non-certified machines after 2029 and criminalizing efforts to bypass the software. Adafruit notes that unlike similar legislation proposed in Washington State and New York, California's version "adds a certification bureaucracy on top: state-approved algorithms, state-approved software control processes, state-approved printer models, quarterly list updates, and civil penalties up to $25,000 per violation." From the report: Assembly Member Bauer-Kahan introduced AB-2047, the "California Firearm Printing Prevention Act," on February 17th. The bill would ban the sale or transfer of any 3D printer in California unless it appears on a state-maintained roster of approved makes and models... certified by the Department of Justice as equipped with "firearm blocking technology." Manufacturers would need to submit attestations for every make and model. The DOJ would publish a list. If your printer isn't on the list by March 1, 2029, it can't be sold. In addition, knowingly disabling or circumventing the blocking software is a misdemeanor.... [ Read it >> ]

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Google has introduced Gemini 3.1 Pro, a reasoning-focused upgrade aimed at more complex problem-solving. 9to5Google reports: This .1 increment is a first for Google, with the past two generations seeing .5 as the mid-year model update. (2.5 Pro was first announced in March and saw further updates in May for I/O.) Google says Gemini 3.1 Pro "represents a step forward in core reasoning." The "upgraded core intelligence" that debuted last week with Gemini 3 Deep Think is now available in Gemini 3.1 Pro for more users. This model achieves an ARC-AGI-2 score of 77.1%, or "more than double the reasoning performance of 3 Pro."... [ Read it >> ]

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An anonymous reader quotes a report from Wired: Last month, Jason Grad issued a late-night warning to the 20 employees at his tech startup. "You've likely seen Clawdbot trending on X/LinkedIn. While cool, it is currently unvetted and high-risk for our environment," he wrote in a Slack message with a red siren emoji. "Please keep Clawdbot off all company hardware and away from work-linked accounts." Grad isn't the only tech executive who has raised concerns to staff about the experimental agentic AI tool, which was briefly known as MoltBot and is now named OpenClaw. A Meta executive says he recently told his team to keep OpenClaw off their regular work laptops or risk losing their jobs. The executive told reporters he believes the software is unpredictable and could lead to a privacy breach if used in otherwise secure environments. He spoke on the condition of anonymity to speak frankly.... [ Read it >> ]

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Minecraft: Java Edition is switching its rendering backend from OpenGL to Vulkan as part of the upcoming Vibrant Visuals update, aiming for both better performance and modern graphics features across platforms like Linux and macOS (via translation layers). GamingOnLinux reports: For modders, they're suggesting they start making preparations to move away from OpenGL: "Switching from OpenGL to Vulkan will have an impact on the mods that currently use OpenGL for rendering, and we anticipate that updating from OpenGL to Vulkan will take modders more effort than the updates you undertake for each of our releases. To start with, we recommend our modding community look at moving away from OpenGL usage. We encourage authors to try to reuse as much of the internal rendering APIs as possible, to make this transition as easy as possible. If that is not sufficient for your needs, then come and talk to us!"... [ Read it >> ]

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The IRS's IT division has reportedly lost 40% of its staff and nearly 80% of its tech leadership amid a federal "efficiency" overhaul, the agency's CIO revealed yesterday. The Register reports: Kaschit Pandya detailed the extent of the tech reorganization during a panel at the Association of Government Accountants yesterday, describing it as the biggest in two decades. ... The IRS lost a quarter of its workforce overall in 2025. But the tech team was clearly affected more deeply. At the start of the year, the team encompassed around 8,500 employees.... [ Read it >> ]

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An anonymous reader quotes a report from the Wall Street Journal: Meta Chief Executive Mark Zuckerberg faced a barrage of questions about his social-media company's efforts to secure ever more of its users' time and attention at a landmark trial in Los Angeles on Wednesday. In sworn testimony, Zuckerberg said Meta's growth targets reflect an aim to give users something useful, not addict them, and that the company doesn't seek to attract children as users. [...] Mark Lanier, a lawyer for the plaintiff, repeatedly asked Zuckerberg about internal company communications discussing targets for how much time users spend with Meta's products. Lanier showed an email from 2015 in which the CEO stated his goal for 2016 was to increase users' time spent by 12%. "We used to give teams goals on time spent and we don't do that anymore because I don't think that's the best way to do it," Zuckerberg said on the witness stand in sworn testimony.... [ Read it >> ]

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A bare-bones Chinese app called "Are You Dead?" -- whose entire premise is that solo-living users tap daily to confirm they're still alive, triggering an alert to an emergency contact after two missed check-ins -- has rocketed to the top of China's app store charts and gone viral globally without spending a dime on advertising. ... [ Read it >> ]

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Microsoft Research has published a paper in Nature detailing Project Silica, a working demonstration that uses femtosecond lasers to etch data into small slabs of glass at a density of over a Gigabit per cubic millimeter and a maximum capacity of 4.84 terabytes per slab. The slabs themselves are 12 cm by 12 cm and just 2 mm thick, and Microsoft's accelerated aging experiments suggest the data etched into them would remain stable for over 10,000 years at room temperature, requiring zero energy to preserve. ... [ Read it >> ]

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A new essay in Works in Progress Magazine argues that Europe's failure to produce a Tesla or a Waymo stems not from insufficient research spending or high taxes -- problems California shares in abundance -- but from labor laws that make it devastatingly expensive for companies to unwind failed bets. According to estimates, corporate restructuring costs the equivalent of 31 months of salary per employee in Germany, 38 in France, and 62 in Spain, compared to seven in the United States. ... [ Read it >> ]

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Bafta has brought in "human achievement" as a guiding principle for its annual awards as the film and television industry grapples with the rapid adoption of AI tools in many parts of production. From a report: In an interview with the FT, Bafta chair Sara Putt, who is nearing the end of her three-year tenure, said artificial intelligence would change how people worked "but at the base of everything in this industry is human creativity." ... [ Read it >> ]

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AI security firm Irregular has found that passwords generated by major large language models -- Claude, ChatGPT and Gemini -- appear complex but follow predictable patterns that make them crackable in hours, even on decades-old hardware. When researchers prompted Anthropic's Claude Opus 4.6 fifty times in separate conversations, only 30 of the returned passwords were unique, and 18 of the duplicates were the exact same string. The estimated entropy of LLM-generated 16-character passwords came in around 20 to 27 bits, far below the 98 to 120 bits expected of truly random passwords.... [ Read it >> ]

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Despite the popular notion that the modern economy runs around the clock, a new NBER working paper analyzing fifty years of U.S. labor data from 1973 to 2023 finds that Americans have been steadily and consistently moving away from evening and night work toward traditional daytime hours [PDF]. ... [ Read it >> ]

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A new study [PDF] from Ramp's economics lab has found that businesses are steadily replacing freelance workers hired through platforms like Upwork and Fiverr with AI tools from OpenAI and Anthropic, and the substitution is happening at a fraction of the cost.

The paper, authored by Ryan Stevens, Ramp's Director of Applied Sciences, tracked firm-level spending data from Q3 2021 to Q3 2025 across thousands of companies on Ramp's expense management platform. The share of total business spend going to online labor marketplaces fell from 0.66% in Q4 2021 to 0.14% in Q3 2025, while AI model provider spending rose from zero to 2.85% over the same period. ... [ Read it >> ]

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Accenture has reportedly started tracking staff use of its AI tools and will take this into consideration when deciding on top promotions, as the consulting company tries to increase uptake of the technology by its workforce. From a report: The company told senior managers and associate directors that being promoted to leadership roles would require "regular adoption" of artificial intelligence, according to an internal email seen by the Financial Times. ... [ Read it >> ]

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Workplace grievances that once fit in a single email are now ballooning into 30-page documents stuffed with irrelevant historical detail, made-up legal precedents, and citations to laws from the wrong country -- and UK employment lawyers say generative AI is the likely culprit. Anna Bond, legal director at Lewis Silkin, says the complaints she now sees sometimes cite Canadian legislation or fabricated case law. ... [ Read it >> ]

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Phison CEO Pua Khein-Seng, whose company is one of the leading makers of controller chips for SSDs and other flash memory devices, admitted in a televised interview that the ongoing global RAM shortage could force companies to cut back their product lines in the second half of 2026 -- and that some may not survive at all if they cannot secure enough memory. ... [ Read it >> ]

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An anonymous reader shares a report: Amazon has officially dethroned Walmart as the biggest global company by revenue, a milestone attesting to the massive scale the e-commerce and cloud-computing giant has achieved since its humble beginnings in 1994 as an online bookseller in Jeff Bezos' Seattle-area garage. ... [ Read it >> ]

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An anonymous reader quotes a report from the Financial Post: In 2024, the Ethiopian government banned the import of fossil fuel-powered vehicles and slashed tariffs on their electric equivalents. It was a policy driven less by the country's climate ambitions and more by fiscal pressures. For years, subsidizing gasoline for consumers has been a major drag on Ethiopia's budget, costing the state billions of dollars over the past decade. The country defaulted on its sovereign bonds in 2023 after rising interest rates drove up the costs of servicing its debts, and it received a $3.4 billion bailout from the International Monetary Fund the following year.... [ Read it >> ]

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India's digital payment platforms process trillions of dollars a year through UPI, the government-built real-time payments rail that handles more than 90% of all payment transactions in the country, but one of their largest net revenue line items is not a payment product at all: it's a cheap plastic speaker that sits on a shopkeeper's counter and reads out incoming payments aloud. ... [ Read it >> ]

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