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Mastercard took down payments across Australia with a scheduled update

Mastercard transactions were declined across Australia on Saturday afternoon after what the company describes as a scheduled system update, with more than 1,900 outage reports logged by mid-afternoon. Mastercard says the problem is resolved and all systems are working normally. Mastercard payments stopped working across Australia on Saturday afternoon. “A scheduled system update caused Mastercard […]

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The US is about to tell 35 countries to choose between it and China on AI

Michael Martina reported the draft for Reuters on 14 August, citing a US official and an internal document. The letter goes to the 35 signatories of an American “AI Opportunity Statement” from June. Its message is that countries must choose. The wording is blunt for a diplomatic text. “To be part of everything is to […]

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Your phone gets five years of updates by law. Your car gets nothing

Robert Ferris put the question to forecasters and executives for CNBC on 15 August. The average American car is now 12.8 years old, on Mobility Global’s figures. A new one costs close to $50,000, and nobody selling software-defined vehicles will say they last that long. Sam Fiorani forecasts vehicles for AutoForecastSolutions, and he gave the […]

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PayPal is no longer refusing to sell. Now the question is whether regulators allow it

The Wall Street Journal reported the talks on 14 August. Cara Lombardo, Gina Heeb and Lauren Thomas wrote it. The framing is what changed. PayPal is in talks to sell itself, rather than fielding an offer it has rejected. Stripe and Advent International proposed $60.50 a share in July, which PayPal considered insufficient. The two […]

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ASU’s content creation degree grades your follower count

The programme sits inside the Walter Cronkite School of Journalism and Mass Communication. The first cohort enrols this autumn. The Associated Press reported the launch and the backlash on 14 August. Kaitlyn Huamani, who covers social media and internet culture, wrote it. ASU declined an interview request about the new degree. The university’s own documents […]

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Arm’s co-founder says AI will create more value than any revolution before it, and be a rollercoaster

Hauser sat down with CNBC’s The Tech Download podcast this month. Arjun Kharpal and Kai Nicol-Schwarz published the write-up on 14 August. His track record is the reason to listen. He co-founded Acorn Computers in 1978, helped create Arm, and now backs European deep-tech startups through Amadeus Capital. That is four decades of watching technology […]

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Five of Europe’s biggest companies just bought compute Mistral has not built

Mistral set out the plan on 11 August. Its own announcement covers three things at once. Regional endpoints are now generally available, letting customers pick Europe or the US for inference. A Priority Tier in public preview adds custom rate limits and an uptime commitment. The third part is the one that funds the other […]

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Tesla ended Sweden’s longest strike by buying out every last striker

The union announced it on 13 August. Its own statement sets the end at one minute past midnight on Wednesday 19 August. The strike began on 27 October 2023 with about 120 mechanics across seven Swedish workshops, Electrek noted. It became the longest industrial conflict in modern Swedish history. Tesla never signed a collective agreement, […]

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Trump’s drone tariffs reach 100%, and Europe gets capped at 15%

Donald Trump signed the proclamation on 13 August. It carries the title Adjusting Imports of Unmanned Aircraft Systems and Unmanned Aircraft Systems Components into the United States. It rests on Section 232 of the Trade Expansion Act of 1962, the national security clause, and on Section 604 of the Trade Act of 1974. The rates, […]

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France’s under-15 social media ban is struck down two weeks before it starts

The decision lands about two weeks before the ban was due to start, Bloomberg reported. Platforms were to stop creating accounts for under-15s from 1 September. Parliament gave the law final approval on 21 July. The desk covered that final vote at the time. What the Council ruled The Council struck down the ban on […]

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