Feed aggregator

The hardware store chain expects the location in the Center for Shopping will bring 10-15 new jobs.

An anonymous reader quotes a report from the BBC: For most Indians, paying by Unified Payments Interface (UPI) has become almost absurdly routine. Scan a QR code, tap a few buttons and the money moves instantly. There is no card machine, no cash, and -- most importantly -- for the user, no visible fee. That may be about to change. India has paved the way for banks and payment companies to charge merchants a fee on UPI transactions, potentially ending a decade-long experiment in free digital payments. The government has yet to decide the rate or exactly where it will apply, but proposals under discussion include a merchant discount rate (MDR) of 0.3-0.5% -- a small fee paid by a business to the banks and payment companies that process its UPI payments -- on larger transactions at big businesses. The government says consumers and person-to-person UPI payments will remain free. If merchant fees are introduced, they will apply only to some transactions above a set threshold, at a nominal rate, meaning most UPI payments will remain free. The question is whether putting a price on UPI could weaken the network that made it such a success. The stakes are enormous. Launched in 2016, UPI has grown into one of the world's biggest real-time payment networks. According to official data, in July alone, there were 23.6 billion UPI transactions worth 29.87 trillion rupees ($313.5 billion). Fintech apps such as PhonePe and Google Pay account for most UPI payments. In the financial year just ended, the figure was about 241.6 billion transactions -- almost 12,000 times the volume in UPI's first full year. More than 550 million people now use it, and the system is now available in some form for payments in 11 countries outside India. India's UPI became ubiquitous partly because it made digital payments almost frictionless for merchants, including small vendors who can accept payments with little more than a QR code. New research suggests that merchant acceptance was "not just a result of UPI growth, but one of its key drivers." As RBI governor Sanjay Malhotra put it, "Someone will have to pay the cost." The challenge will be making UPI sustainable without weakening the merchant network that helped it take off.

Read more of this story at Slashdot.

The Butterstamp Workshop closes forever in October — but not before going viral on Instagram.

The state had the second-highest number of programs recognized, trailing only California. MassChallenge has supported more than 5,000 startups since 2009.

Knead & Nosh specializes in hand-rolled, New York-style bagels.

The universe may never tell you if your choices mattered. Owlcat’s Osiris Reborn might not either.

OpenAI insisted this was not in response to a particular issue with children believing ChatGPT to be alive.

Bruce66423 shares a report from The Guardian: Sainsbury's has paused the use of AI face scanning in one of its stores after a customer was wrongly identified as a shoplifter and ejected from the shop. "I was embarrassed, mortified even, and felt quite humiliated and powerless," Matt Arnold, 46, said of his ordeal. The comedy promoter was buying supplies in the store in East Dulwich, in south-east London, for a standup event at Dulwich Hamlet football club when, after scanning his items and a Nectar card, he was approached by two managers who told him he could not be served owing to an earlier incident. He was then asked to leave and they tried to escort him from the store. As he left, he saw an overhead CCTV monitor alert with a red circle surrounding his face. He asked the shop staff to keep his shopping in the trolley so his friend could come and pick up the supplies for the comedy night happening soon next door. "I think they were quite confused by this, understandably, but agreed and my colleague Dave went in to pay for and pick up the shop about five minutes later. There was no pause for thought from the staff, no suggestion that they understood this is not how a shoplifter would behave. Just blindly following the machine's orders." Sainsbury's head office apologised to Arnold the next day and has paused use of its AI-assisted Facewatch technology in the store while an investigation takes place. Arnold says the facial recognition tech should be paused in all stores. "Anyone could be falsely accused and at some point that will be someone vulnerable, someone with mental health issues like anxiety. It's inevitable," said Arnold. "Also, I would worry about the confidence-destroying effect of it happening to a younger person or someone less willing or able to stand up for themselves as I have done." A Sainsbury's spokesperson said: "We have contacted Mr Arnold to apologise for his experience at our Dulwich superstore. The incident was caused by human error, not the facial recognition technology. Customers can be reassured that the Facewatch system has a 99.98% accuracy rate, and every match is reviewed by a trained manager." A Facewatch spokesperson said their technology was not at fault in this case. "A correct alert was sent to the retailer, but was subsequently subject to human error in the way it was handled in store," they said.

Read more of this story at Slashdot.

More than a decade after launching in Europe, the Netherlands company is now selling its repairable phones in the US, starting with the Fairphone (Gen 6+).

A new UK trial hopes to reduce the condensation trails from planes, which can trap heat in the Earth's atmosphere.

Merino is one of the best fabrics you can wear. We explain the different blends, what “GSM” means, and how to care for your clothes.

AleRunner writes: "Solar has been doing the 'heavy lifting' to help Europe meet its energy needs amid a string of blistering heatwaves," Euronews tells us. Meanwhile, as Europe's energy demands rise with the heat, jellyfish have been causing shutdowns and reduced power output at multiple reactors at French nuclear plants, as we already discussed. Euronews reports: A new analysis from energy think-tank Ember found that solar output in European countries rose by up to 17 percent on heatwave days in June and July. Researchers say that this helped power the grid as electricity demand increased by as much as a quarter on hot days. Heatwaves often trigger a spike in electricity consumption due to the sudden need for cooling, mainly from energy-intensive air conditioning (A/C) units. The International Energy Agency (IEA) estimates that space cooling, which is mostly A/C units and fans, consumed around seven percent of the world's electricity in 2022. Even in countries where A/C ownership is low, countries experience energy demand spikes when scorching temperatures hit. During the early summer heatwaves of 2025, France, for example, recorded an evening electricity peak that was 25 percent above the off-season average due to air conditioning. Ember's analysis found that during the late-June heatwave this summer, daily electricity demand rose byup to 28 percent in Italy, 23 percent in Hungary, 14 percent in France and 13 percent in Spain compared with pre-heatwave days. It says as heatwave-driven demand increased, solar was the only major power source to perform "better than usual." Compared with other days in June and July, average daily solar generation during the heatwaves was 17 percent higher in France and Hungary, five percent higher in Spain and the same in Italy.

Read more of this story at Slashdot.

Save on rowers and accessories with Hydrow coupons, including an exclusive discount of $50.

Save up to 28% on business and personal memberships with 1Password promo codes and deals.

Get 15% off your first order at Western Digital when you register your email.

Score up to $100 off refurbished premium products, free shipping on orders of $29+, and more at Logitech.

Save on the Womanizer Duo Premium and more with our latest Womanizer discount codes.

An anonymous reader quotes a report from The New York Times: Buy now, pay later" loans took off during the pandemic as a way for online shoppers to go on retail splurges without using a credit card. Now, lenders are offering the loans as a means for people to finance basic households needs. The lending apps Flex and Zip allow customers to take out loans to pay for their broadband, electricity, health insurance, mobile phone service, mortgage and water bills. Affirm, one of the most popular pay-later apps, has started providing some tenants loans to extend their monthly rent payment for a few weeks. Many dentists, veterinarians and medical clinics now often offer instant pay-later financing, and Intuit this year started promoting "File Now, Pay Later" loans to TurboTax users who owe money in their tax return. Pay-later loans are becoming the "working capital for the modern middle class," said Karen Webster, the chief executive of Pymnts, a news and market research company for the payments industry. "Consumers are using it more for essential, everyday things." Americans spent $160 billion last year through pay-later loans, according to research released recently by Federal Reserve economists -- nearly twice what consumers spent two years earlier, in 2023. That's still a fraction of the more than $3 trillion U.S. shoppers spend annually on consumer credit cards. But the industry continues to expand by double-digit rates each year. How much of that growth reflects consumer preferences, versus desperation, is a question economists and industry analysts are trying to unravel. The rise in pay-later financing comes as many households are leaning more on debt to keep up with their daily expenses. Paying interest -- to afford basic needs -- adds to the overall cost of living, which has already been rising amid higher medical, housing and fuel costs. For many borrowers, the loans have become their only option: Half of those using them said they could not make ends meet otherwise, according to the latest edition of a survey that LendingTree, a loan marketplace, has compiled for years.

Read more of this story at Slashdot.

An anonymous reader quotes a report from Ars Technica: The Supreme Court today rejected Verizon's attempt to get a $47 million refund from the Federal Communications Commission. In a list of orders (PDF) issued by the court, Verizon's petition was denied without explanation. The denial apparently ends any possibility of Verizon asking a lower court to review the fine and order the FCC to issue a refund. However, AT&T and T-Mobile are continuing to challenge similar fines on grounds that selling device-location data did not violate US telecom law. AT&T, T-Mobile, and Verizon were fined a total of $196 million in 2024 for selling mobile users' real-time location data without their customers' consent. The carriers sold device-location information to data aggregators, who resold it to other firms. The carriers paid the fines and sought to have them overturned in courts, claiming their Seventh Amendment right to a jury trial was violated. Challenges by AT&T and Verizon were combined into a single case, and the Supreme Court ruled against the carriers in June of this year. The court ruled that the FCC penalty process does not violate the Seventh Amendment because the carriers could have obtained jury trials if they refused to pay the fines and waited for the government to try to collect. The ruling (PDF) against the carriers was 8-1, with Justice Clarence Thomas dissenting.

Read more of this story at Slashdot.

Apple Wallet's driver's license and state ID feature is set to expand to North Carolina, Oklahoma, Utah, and Virginia, bringing the total to 18 states plus Puerto Rico. The digital IDs can be used at participating TSA checkpoints and businesses without handing over or unlocking an iPhone, though users are still generally advised to carry a physical ID because acceptance remains limited. MacRumors reports: A few days ago, North Carolina's DMV announced that it plans to launch a mobile ID program later this year. As reported by WRAL, North Carolina residents will be able to set up a digital ID through a new NC Wallet app starting in December, with Apple Wallet, Google Wallet, and Samsung Wallet support to follow in "early 2027." As mentioned, you do not need to unlock, show, or hand over your device to present an Apple Wallet ID in person, ensuring user privacy. Apple Wallet IDs are generally not accepted by law enforcement, so carrying a physical ID is still legally required for traffic stops. In addition, the number of businesses that accept Apple Wallet IDs is still quite small. At least for now, Apple Wallet IDs are designed to be a convenient alternative where they are accepted. "Your mobile ID is a valid form of identification in North Carolina," the DMV said, in a FAQ on its website. "However, as retailers, restaurants and other businesses transition to mobile IDs, some may not be set up to accept them right away. For now, carrying your physical card gives you a backup when needed." According to code seen by MacRumors, Apple Wallet IDs are also coming to Oklahoma, Utah, and Virginia, but there is no timeframe for availability.

Read more of this story at Slashdot.