The melting of sea ice in the Arctic has slowed dramatically in the past 20 years, scientists have reported, with no statistically significant decline in its extent since 2005. From a report: The finding is surprising, the researchers say, given that carbon emissions from fossil fuel burning have continued to rise and trap ever more heat over that time. They said natural variations in ocean currents that limit ice melting... Read more ›
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US tech stocks sold off as warnings that the hype surrounding AI could be overdone hit some of the year's best-performing shares. From a report: Nvidia, the chips group that has surged to become the world's first $4tn company on the back of AI, fell 3.5 per cent on Tuesday, while software group Palantir dropped 9.4 per cent and chip designer Arm shed 5 per cent. The tech-heavy Nasdaq Composite... Read more ›
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India Dispatch: The strongest case for India is not merely that it is young, but that it still has time, and it may be the only continental-scale economy that still has it in abundance. India won't cross the demographic threshold for an "old" country -- a median age of 41 -- until the late 2050s, while China reaches that point now. India requires 10.4% sustained GDP growth over 35 years... Read more ›
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An anonymous reader shares a report: Apple is manufacturing more of its iPhone 17 phones for the US in India instead of in China, and for the first time, the full lineup of new models will ship from India at launch, according to Bloomberg. The company is also working on a successor to the iPhone 16E that it plans to make in India, Bloomberg says. Apple has increasingly been moving... Read more ›
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Electricity prices have increased at more than double the inflation rate over the past year, according to NPR reporting. Florida Power & Light customers face monthly bills exceeding $400 during summer months, prompting the utility to seek a 13% rate increase over four years that drew tens of thousands of petition signatures in opposition. The Energy Department projects data centers will consume more electricity than residential customers for the first... Read more ›
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Pakistan's internet connectivity dropped to 20% of normal levels Tuesday, affecting the country's 116 million internet users, according to NetBlocks. The outage primarily impacted backbone operator PTCL. It's unclear what caused the outage. The Wireless and Internet Service Providers Association of Pakistan noted the date coincided with a similar collapse in 2022. Pakistan suffered $1.62 billion in economic losses from internet disruptions in 2024, the highest globally. The country confirmed... Read more ›
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Google's AI Overviews has returned fraudulent customer service phone numbers in multiple reported incidents. A Reddit user reported their friend received a fake number when searching "Swiggy [an Indian food delivery firm] customer care number," leading to attempted screen-sharing and money request scams. Facebook user Alex Rivlin encountered scammers after searching "royal caribbean customer service phone number 24 hours usa." The fraudulent representative requested credit card information before Rivlin d Read more ›
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An anonymous reader shares a report: After years of research, the Wyoming Stable Token Commission has unveiled the mainnet launch of its first official state-backed stablecoin. The so-called Frontier Stable Token (FRNT), marking the first time a U.S. state has issued a blockchain-based, fiat-pegged token meant to be used by retail and enterprises alike, according to an announcement on Tuesday. "FRNT is designed to provide secure, transparent, and efficient digital... Read more ›
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Kyte, a rental car startup once touted as a modern alternative to Hertz, has shut down after years of rapid growth followed by mounting financial troubles. From a report: Founded in 2017, the San Francisco company built its brand by delivering rental cars directly to customers' doors, eliminating the paperwork and long waits of traditional counters. At its peak, Kyte operated in 14 U.S. cities, managed a fleet of more... Read more ›
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Matt Garman, Amazon's cloud boss, has a warning for business leaders rushing to swap workers for AI: Don't ditch your junior employees. From a report: The Amazon Web Services CEO said on an episode of the "Matthew Berman" podcast published Tuesday that replacing entry-level staff with AI tools is "one of the dumbest things I've ever heard." "They're probably the least expensive employees you have. They're the most leaned into... Read more ›
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Meta announced today that it is splitting its Meta Superintelligence Labs into four divisions focused on AI research, superintelligence development, products, and infrastructure. The reorganization accompanies potential downsizing of the AI division's thousands of employees and executive departures, according to New York Times. Vice President of Generative AI Loredana Crisan is expected to announce her departure Tuesday. The company is exploring third-party AI models for its products rather than relying... Read more ›
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Microsoft has removed the ability to disable automatic app updates in the Microsoft Store, according to screenshots from Deskmodder.de. Windows users can now only pause updates for one to five weeks. The Registry tweak that previously allowed users to modify update behavior has been removed. Group Policy editor remains the sole method for creating update exemptions on workstations and enterprise systems, but this tool is unavailable in Windows Home editions.... Read more ›
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Global fertility rates have fallen from five children per woman in the mid-twentieth century to 2.2 today, with approximately half of countries now below the 2.1 replacement threshold, according to data from the Institute for Health Metrics and Evaluation at the University of Washington. Mexico's rate dropped from seven children in 1970 to 1.6 in 2023. South Korea recorded 0.75 in 2024, down from 4.5 in 1970. The IHME projects... Read more ›
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Bill Gates is funding a $1 million competition to spur the use of AI to find innovative treatments for Alzheimer's disease, the latest effort to deploy the promising technology to find cures for humanity's toughest illnesses. From a report: The Alzheimer's Insights AI prize will be awarded to the team that comes up with the most original way to program AI-powered agents that are "capable of independent planning, reasoning, and... Read more ›
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The GenAI Divide: State of AI in Business 2025, a new report published by MIT's NANDA initiative, reveals that while generative AI holds promise for enterprises, most initiatives to drive rapid revenue growth are falling flat. Fortune: Despite the rush to integrate powerful new models, about 5% of AI pilot programs achieve rapid revenue acceleration; the vast majority stall, delivering little to no measurable impact on P&L. The research --... Read more ›
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Epic Games CEO Tim Sweeney told the Financial Times that the UK Competition and Markets Authority's December decision to delay mandating alternative app stores on iPhones was a "blunder" that leaves Britain "well behind" other jurisdictions. The CMA postponed until next year whether to require Apple to allow third-party app stores or sideloading, unlike the EU's Digital Markets Act. Fortnite remains unavailable on UK iOS devices following Epic's years-long dispute... Read more ›
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The U.S. Federal Trade Commission sued ticket reseller Key Investment Group for evading purchasing limits to buy up thousands of tickets to live events including Taylor Swift's Eras tour and resell them at a markup, according to a complaint filed in Maryland federal court on Monday. From a report: The Baltimore, Maryland-based company, which operates ticket resale sites including TotalTickets.com, used thousands of Ticketmaster accounts, including fake or purchased accounts,... Read more ›
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The UK government has agreed to withdraw its order requiring Apple to create backdoor access to encrypted iCloud data following intervention from the Trump administration. Vice President JD Vance negotiated the agreement during his recent UK holiday after the January order issued under the UK Investigatory Powers Act prompted Apple to pull its iCloud Advanced Data Protection service from Britain in February. Director of National Intelligence Tulsi Gabbard said the... Read more ›
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OpenAI has launched ChatGPT Go, a $4.57 monthly subscription tier initially available only in India. The service provides, compared to the free tier, extended access to GPT-5, image generation, file uploads, advanced data analysis, longer conversation memory, and custom GPTs at Rs 399 per month. ChatGPT Go excludes features found in the $20 ChatGPT Plus tier including legacy models like 4o, Sora video generation, deep research, agent mode, and connectors.... Read more ›
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Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment the embattled chipmaker. SoftBank will pay $23 per share for Intel's common stock. The investment is a vote of confidence in Intel, which has not been able to take advantage of the AI boom in advanced semiconductors and has spent heavily to stand up a manufacturing business that has yet to secure a significant... Read more ›
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15.06.2026 15:54
Last update: 15:45 EDT.
News rating updated: 22:40.
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