Japan-based Ispace confirmed its Resilience lander likely crashed during its second failed attempt at a lunar landing, after a sensor malfunction prevented proper deceleration. Despite the setback, the company remains committed to future missions, with funding secured for a third attempt using a new lander, Apex 1.0, scheduled for 2027. "Until then, Ispace has its work cut out for it," reports CNN. "[Ispace CEO and founder Takeshi Hakamada] said during the news briefing he will need to work to regain the trust of investors, and the company will need to deeply investigate what went wrong on the Resilience mission to ensure similar issues don't plague Apex 1.0."

The company has ambitious "plans to eventually build a city on the lunar surface that would house a thousand people and welcome thousands more for tourist visits," notes ABC News. "If ispace is going to establish a colony on the moon, it will need to identify an ample supply of ice or water, which it will convert into fuel for a future lunar fueling station. The ability to produce fuel on the moon will enable the company to transport people back and forth between the Earth and the moon."

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An anonymous reader quotes a report from TechCrunch: My wife taught me something," Klarna CEO Sebastian Siemiatkowski told the crowd at London SXSW. He was addressing the headlines about the company looking to hire human workers after previously saying Klarna used artificial intelligence to do work that would equate to 700 workers. "Two things can be true at the same time," he said. Siemiatkowski said it's true that the company looked to stop hiring human workers a few years ago and rolled out AI agents that have helped reduce the cost of customer support and increase the company's revenue per employee. The company had 5,500 workers two years ago, and that number now stands at around 3,000, he said, adding that as the company's salary costs have gone down, Klarna now seeks to reinvest a majority of that money into employee cash and equity compensation.

But, he insisted, this doesn't mean there isn't an opportunity for humans to work at his company. "We think offering human customer service is always going to be a VIP thing," he said, comparing it to how people pay more for clothing stitched by hand rather than machines. "So we think that two things can be done at the same time. We can use AI to automatically take away boring jobs, things that are manual work, but we are also going to promise our customers to have a human connection."

[ Read more of this story ]( https://slashdot.org/story/25/06/06/0050210/klarna-ceo-says-company-will-use-humans-to-offer-vip-customer-service?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.

Nearly a quarter of consumers using buy-now-pay-later loans now finance their grocery purchases, representing a significant increase from 14% a year ago, according to a recent LendingTree survey. The shift marks a departure from the traditional use of these short-term financing services for big-ticket items like electronics and furniture toward everyday essentials including groceries, utility bills, and streaming services.

The BNPL market has experienced dramatic growth, expanding from $2 billion in consumer purchases in 2019 to more than $116.3 billion by 2023. Morgan Stanley found that 28% of surveyed Americans had used BNPL services with about 30% of those users applying the financing to grocery purchases. Food prices have risen 28% since 2020, creating particular pressure on lower-income households earning less than $50,000 annually, who represent the largest user base for these services.

[ Read more of this story ]( https://news.slashdot.org/story/25/06/06/1025248/consumers-are-increasingly-turning-to-buy-now-pay-later-services-for-groceries?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.

YouTube pulled a popular tutorial video from tech creator Jeff Geerling this week, claiming his guide to installing LibreELEC on a Raspberry Pi 5 violated policies against "harmful content." The video, which showed viewers how to set up their own home media servers, had been live for over a year and racked up more than 500,000 views. YouTube's automated systems flagged the content for allegedly teaching people "how to get unauthorized or free access to audio or audiovisual content."

Geerling says his tutorial covered only legal self-hosting of media people already own -- no piracy tools or copyright workarounds. He said he goes out of his way to avoid mentioning popular piracy software in his videos. It's the second time YouTube has pulled a self-hosting content video from Geerling. Last October, YouTube removed his Jellyfin tutorial, though that decision was quickly reversed after appeal. This time, his appeal was denied.

[ Read more of this story ]( https://news.slashdot.org/story/25/06/06/1039216/youtube-pulls-tech-creators-self-hosting-tutorial-as-harmful-content?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.

David Sacks, President Trump's AI policy advisor, has dismissed the prospect of implementing a universal basic income program, declaring "it's not going to happen" during his tenure. He said: The future of AI has become a Rorschach test where everyone sees what they want. The Left envisions a post-economic order in which people stop working and instead receive government benefits. In other words, everyone on welfare. This is their fantasy; it's not going to happen."

[ Read more of this story ]( https://slashdot.org/story/25/06/06/1357256/trump-ai-czar-sacks-on-universal-basic-income-its-not-going-to-happen?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.

An anonymous reader shares a report: There are more than 1,000 technology unicorns, meaning venture-backed companies worth $1 billion or more, but at least one in 5 are likely to fail, said Rich Wong, a partner at venture capital firm Accel Partners. "I think maybe out of that thousand, 20% fully die. The end," Wong said on Thursday at the Bloomberg Tech conference in San Francisco.

The estimate reinforces what's become a grim calculus for many companies. Tech start-up valuations soared during the 2021 pandemic boom -- before crashing back to earth, as interest rates rose and venture capital investments fell. Of the companies that don't fail, about half will be stuck -- muddling along without being able to grow bigger or go public, Wong said. Some of those may "ultimately have reality set in," and sell themselves for lower prices than once seemed feasible. Others, not quite failing, "will be a bit zombie-ish and grind on," he said.

[ Read more of this story ]( https://tech.slashdot.org/story/25/06/06/1414204/about-20-of-tech-startups-worth-more-than-1-billion-will-fail-accel-says?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.

Apple will lose the ability to collect commissions on external iOS purchases in Europe starting June 23, following a European Commission ruling that hinges on the grammatical interpretation of a single comma in the Digital Markets Act. The dispute centers on Article 5.4, which requires gatekeepers to allow business users "free of charge, to communicate and promote offers, including under different conditions [...], and to conclude contracts with those end users."

Apple contends that "free of charge" applies only to communication and promotion activities, not contract conclusion, allowing the company to maintain its commission structure on external transactions. The European Commission interprets the comma before "and to conclude contracts" as creating an enumeration where the free-of-charge requirement applies to all listed activities, including purchases made outside Apple's payment system.

Under the new ruling, Apple can collect commissions only on the first external transaction between users and developers, with all subsequent purchases and auto-renewed subscriptions exempt from fees. The company faces daily penalties of up to $53.5 million for non-compliance and has already been fined $570 million. Apple's internal forecasts estimate potential annual losses of "hundreds of millions or even billions of dollars" in the US alone, though Europe demands stricter changes than those projections assumed.

[ Read more of this story ]( https://apple.slashdot.org/story/25/06/06/1633206/apple-faces-billions-in-losses-as-eu-comma-interpretation-ends-external-purchase-fees?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.

Chinese student enrollment at American universities has dropped to 277,000 in the 2023-24 academic year, down from a peak of 372,000 in 2019-20, according to data in a new report examining shifting global education patterns. The decline accelerated following the State Department's May 28th announcement of an "aggressive" campaign to revoke visas for Chinese students in "critical fields" of science and engineering, as well as those with unspecified Communist Party "connections."

The trend reflects broader economic and geopolitical pressures beyond visa restrictions. Chinese families increasingly view American education as too expensive amid China's economic downturn and property market decline, while domestic employers have grown suspicious of foreign-educated graduates. Meanwhile, Chinese students are choosing alternatives including Britain, which hosted nearly 150,000 Chinese students in 2023-24, and regional destinations like Japan, where Chinese enrollment increased to 115,000 in 2023 from under 100,000 in 2019.

[ Read more of this story ]( https://news.slashdot.org/story/25/06/06/1936242/chinese-student-enrollment-in-us-universities-continues-multi-year-decline?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.