JPMorgan, Bank of America, Wells Fargo, PNC, and other major banks have reportedly explored acquiring Fiserv’s debit-card networks, STAR and Accel, in a move that could help them bypass federal caps on debit-card transaction fees. A law limits the fees big banks can charge merchants, but only if the transactions Read more…
Australia plans to double fines for social media platforms that fail to keep under-16s off restricted services, after regulators found 70% of children with accounts remained active three months after the ban took effect. The government says the changes will also give the eSafety Commissioner more power to demand information Read more…
A new study suggests multilingualism may slow brain aging, with bilingual people showing brains that appear about six years younger than monolingual speakers and people who speak four languages showing brains that appear up to 13 years younger. Researchers say earlier language learning and higher proficiency appear to strengthen the Read more…
Nothing is easier than to denounce the evildoer; nothing is more difficult than to understand him. – Fyodor Dostoevski
“Companies spending heavily on AI are growing headcount faster, even in the entry-level roles that many fear are doomed,” writes TechCrunch. That’s the conclusion of new report tracking AI spending from Ramp’s corporate card/bill pay data as well as Revelio Labs’ workforce records from 21,599 U.S. firms: According to the Read more…
247,000 miles on an EV battery? So says the owner of a U.K.-based used-car sales company that specializes in Evs, even after several hundred thousand miles. “They are proving themselves to be exceptionally reliable.” After five years on the road, the average EV will still be able to drive up Read more…
Subsea cables. Ukrainian power stations. Russian oil refineries. Even airports, water-desalination plants and Amazon data centers. They’ve all become targets in wartime, and around the world now arguments “are already brewing between companies and governments over new regulations and potential costs.” In Germany, powerful associations representing private companies and municipal Read more…