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India’s payment push is cutting out Visa and Mastercard
As global regulators increase their scrutiny on Visa and Mastercard over merchant fees, India has chosen a different path: creating rival payment networks that are increasingly sidelining international card networks. The strategy builds on India’s Unified Payments Interface, known as UPI, a nine-year-old system that now processes more than 13 billion real-time transactions monthly, or…
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X says it is rolling out labels for parody accounts
Elon Musk-owned social network X said today that it is rolling out labels for parody or satire accounts to differentiate them from other accounts. In the past, users, including news presenters, have mistaken posts from parody accounts as authentic statements made by real people or entities. The company’s safety account on the platform said that…
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Every smartphone in LA accidentally received a wildfire evacuation alert
As wildfires rage for the third consecutive day through parts of Los Angeles, now including the Hollywood Hills, several neighborhoods have been forced to evacuate for safety purposes. But on Thursday afternoon, a wildfire evacuation alert was mistakenly sent to the smartphone of every resident in Los Angeles County, a region with more than 9…