AT&T, Google and Vodafone are investing a total of $206.5 million in AST SpaceMobile, a satellite manufacturer that plans to be the first space-based network to connect standard mobile phones at broadband speeds. Fierce Wireless reports: AST SpaceMobile claims it invented the space-based direct-to-device market, with a patented design facilitating broadband connectivity directly to standard, unmodified cellular devices. In a press release, AST SpaceMobile said the investment from the likes of AT&T, Google and Vodafone underscores confidence in the company's technology and leadership position in the emerging space-based cellular D2D market. There's the potential to offer connectivity to 5.5 billion cellular devices when they're out of coverage.

Bolstering the case for AST SpaceMobile, Vodafone and AT&T placed purchase orders -- for an undisclosed amount -- for network equipment to support their planned commercial services. In addition, Google and AST SpaceMobile agreed to collaborate on product development, testing and implementation plans for SpaceMobile network connectivity on Android and related devices. AST SpaceMobile boasts agreements and understandings with more than 40 mobile network operators globally. However, it's far from alone in the D2D space. Apple/Globalstar, T-Mobile/SpaceX, Bullitt and Lynk Global are among the others.

One man living in Virginia oversaw "the laundering of some $7 million in fraudulently obtained gift cards" from Walmart in an international operation which over five years scammed hundreds of victims into sending the numbers over the phone, reports a new ProPublica investigation. (Citing court evidence that emerged after his arrested in 2021). Earlier that year, he complained to an associate that more and more people were competing to resell cards in China, eating into his profits. So many scammers were flocking to Walmart that he and his team regularly encountered them at self-checkout counters.... "We ran into quite a few at the store, and we even started chatting."
It was apparently so common that federal prosecutors started calling it "The Walmart scheme." And while the store is supposed to watch for customers who appear to be acting on a scammer's instructions, "Too often, Walmart has failed." America's largest retailer has long been a facilitator of fraud on a mass scale, a ProPublica investigation has found. For roughly a decade, Walmart has resisted tougher enforcement while breaking promises to regulators and skimping on employee training, according to more than 50 interviews, internal documents supplied by former industry executives, court filings and other public records...More than $1 billion in fraud losses were routed through the company's financial systems between 2013 and 2022, according to filings by the Federal Trade Commission and court cases analyzed by ProPublica. That has helped fuel a boom in financial chicanery. Americans, many of them elderly, were swindled out of $27 billion between 2013 and 2022, according to the FTC...

Walmart has a financial incentive to avoid cracking down. It makes money each time a Walmart gift card is used and earns a fee when another brand of card is bought. And it receives one commission when a person sends a money transfer and a second when the recipient picks it up. The company's financial services business generates hundreds of millions in annual profits. (Its filings do not provide specific figures for gift cards and money transfers.) "They were concerned about the bucks. That's all," Nick Alicea, a former fraud team leader for the U.S. Postal Inspection Service who investigated Walmart for years, told ProPublica. Walmart's deficiencies have repeatedly attracted government scrutiny. In 2017, the attorneys general of New York and Pennsylvania investigated Walmart over concerns that it was "reaping the benefits" of gift card fraud. The investigation concluded a year later with Walmart promising to restrict or eliminate the use of its gift cards to purchase other gift cards...

Instead, the company let the practice continue until 2022 — even after it knew that millions of dollars were being laundered through its stores. The FTC sued Walmart in 2022, alleging it "turned a blind eye" as criminals took advantage of its money transfer service. Walmart, the FTC claimed, pocketed millions in fees while "letting fraudsters fleece its customers." Summarizing the FTC's evidence, a federal judge in the case wrote that "Walmart knew that its services were used by fraudsters" and that the company was repeatedly warned about certain stores where "twenty-five, fifty, or even seventy-five percent of money transfer activity was fraudulent." Separately, a federal grand jury in Pennsylvania is hearing evidence of possible criminal conduct in Walmart's money transfer business, according to corporate filings that did not detail the allegations.
While the FTC says Americans were swindled out of $27 billion between 2013 and 2022, Walmart responded to ProPublica's investigation by pointing out it's refunded $4 million to gift-card fraud victims, and also blocked more than $700 million in suspicious money transfers. "We have a robust anti-fraud program and other controls to help stop scammers and other criminals who may use the financial services we offer to harm our customers." The company's legal filings in the FTC case struck a different tone. Walmart is seeking to dismiss the suit, partly on the grounds that it has "no responsibility to protect against the criminal conduct of third parties." Though fraud is "deeply unfortunate," Walmart argues, such schemes are "reasonably avoidable by consumers."
Other interesting quotes from the article:

• "Walmart outlets at one point accounted for the top 20 locations for fraud nationally among chains that partnered with MoneyGram, according to internal documents."

• "In a single week in March 2017, consumers claiming they'd been duped into a money transfer filed 610 complaints about Walmart, according to documents obtained by ProPublica. CVS ranked second, with 47."

• "Site inspections routinely found that Walmart staff lacked anti-fraud training and that employees failed to ask screening questions..."

• Walmart resisted MoneyGram's attempts to fight fraud [according to the former fraud team leader for the postal inspector's office in Harrisburg, Pennsylvania, who investigated MoneyGram and Walmart].

"Would you pay $15 a month so Android doesn't track you and send all of that data back to Google?" asks Stuff South Africa: A new Swiss-based privacy company thinks $15 is a fair fee for that peace of mind. "A person's data is the original digital currency," argues Apostrophy, which has created its own operating system, called Apostrophy OS.

It's based on Android — don't panic — but the version that has already been stripped of Google's intrusiveness by another privacy project called GrapheneOS, which used to be known as CopperheadOS. Launched in 2014, it which was briefly known as the Android Hardening project, before being rebranded as GrapheneOS in 2019. Apostrophy OS is "focused on empowering our users, not leveraging them," it says and is "purposely Swiss-based, so we can be champions of data sovereignty".

What it does, they say, is separate the apps from the underlying architecture of the operating system and therefore prevent apps from accessing miscellaneous personal data, especially the all-important location data so beloved of surveillance capitalism... Apostrophy OS has its own app store, but also cleverly allows users to access the Google Play Store. If you think that is defeating the point, Apostrophy argues that those apps can't get to the vitals of your digital life. Apostrophy OS has "partitioned segments prioritising application integrity and personal data privacy".
The service is free for one year with the purchase of the new MC02 phone from Swiss manufacturer Punkt, according to PC Magazine. "The phone costs $749 and is available for preorder now. It will ship at the end of January." Additional features include a built-in VPN called Digital Nomad based on the open-source Wireguard framework to secure your activity against outside snooping, which includes "exit addresses" in the US, Germany, and Japan with the base subscription.

Google announced today that it will invest $1 billion building a data center near London. Reuters reports: The data centre, located on a 33-acre (13-hectare) site bought by Google in 2020, will be located in the town of Waltham Cross, about 15 miles north of central London, the Alphabet-owned company said in a statement. The British government, which is pushing for investment by businesses to help fund new infrastructure, particularly in growth industries like technology and artificial intelligence, described Google's investment as a "huge vote of confidence" in the UK.

"Google's $1 billion investment is testament to the fact that the UK is a centre of excellence in technology and has huge potential for growth," Prime Minister Rishi Sunak said in the Google statement. The investment follows Google's $1 billion purchase of a central London office building in 2022, close to Covent Garden, and another site in nearby King's Cross, where it is building a new office and where its AI company DeepMind is also based. In November, Microsoft announced plans to pump $3.2 billion into Britain over the next three years.

Apple has updated its long-standing App Store guidelines, giving developers the option to let users make in-app purchases for iOS apps outside of its App Store. But the changes still haven't won over one of the company's longtime critics. From a report: Under the new rules, app developers can provide customers with links to third-party purchase options for their apps, but they must still pay Apple fees of either 12% or 27%. Spotify, one of Apple's biggest critics, isn't a fan of the changes. In a statement, the music streaming service slammed the new rules. "Once again, Apple has demonstrated that they will stop at nothing to protect the profits they exact on the backs of developers and consumers under their app store monopoly," the company said in a statement. "Their latest move in the US -- imposing a 27% fee for transactions made outside of an app on a developer's website -- is outrageous and flies in the face of the court's efforts to enable greater competition and user choice." Tech columnist John Gruber, writing at DaringFireball: Maybe the cynics are right! Let's just concede that they are, and that Apple will only make decisions here that benefit its bottom line. My argument remains that Apple should not be pursuing this plan for complying with the anti-steering injunction by collecting commissions from web sales that initiate in-app. Whatever revenue Apple would lose to non-commissioned web sales (for non-games) is not worth the hit they are taking to the company's brand and reputationâ--âthis move reeks of greed and avariceâ--ânor the increased ire and scrutiny of regulators and legislators on the "anti-Big-Tech" hunt.

Apple should have been looking for ways to lessen regulatory and legislative pressure over the past few years, and in today's climate that's more true than ever. But instead, their stance has seemingly been "Bring it on." Confrontational, not conciliatory, conceding not an inch. Rather than take a sure win with most of what they could want, Apple is seemingly hell-bent on trying to keep everything. To win in chess all you need is to capture your opponent's king. Apple seemingly wants to capture every last piece on the boardâ--âeven while playing in a tournament where the referees (regulators) are known to look askance at blatant poor sportsmanship (greed).

Apple's calculus should be to balance its natural desire to book large amounts of revenue from the App Store with policies that to some degree placate, rather than antagonize, regulators and legislators. No matter what the sport, no matter what the letter of the rulebook says, it's never a good idea to piss off the refs.

Apple has announced changes to its U.S. App Store, allowing developers to link to alternative payment methods, "provided that the app also offer purchases through Apple's own In-App Purchase system," reports 9to5Mac. The change comes in light of the Supreme Court declining to hear Apple's appeal in its legal battle with Epic Games. From the report: The guideline says that developers can apply for an entitlement that allows them to include buttons or links directing users to out-of-app purchasing mechanisms: "Developers may apply for an entitlement to provide a link in their app to a website the developer owns or maintains responsibility for in order to purchase such items. Learn more about the entitlement. In accordance with the entitlement agreement, the link may inform users about where and how to purchase those in-app purchase items, and the fact that such items may be available for a comparatively lower price. The entitlement is limited to use only in the iOS or iPadOS App Store on the United States storefront. In all other storefronts, apps and their metadata may not include buttons, external links, or other calls to action that direct customers to purchasing mechanisms other than in-app purchase."

According to Apple, the link to an alternative payment platform can only be displayed on "one app page the end user navigates to (not an interstitial, modal, or pop-up), in a single, dedicated location on such page, and may not persist beyond that page." Apple has provided templates that developers can use for communicating with customers about alternative in-app payment systems [...]. Apple has also confirmed that it will charge a commission on purchases made through alternative payment platforms. This commission will be 12% for developers who are a member of the App Store Small Business Program and 27% for other apps. The commission will apply to "purchases made within seven days after a user taps on an External Purchase Link and continues from the system disclosure sheet to an external website." Apple says developers will be required to provide accounting of qualifying out-of-app purchases and remit the appropriate commissions. [...] However, Apple also says that collecting this commission will be "exceedingly difficult and, in many cases, impossible." [...]

The other anti-steering change that Apple is required to make is to allow developers to communicate with customers outside of their apps about alternative purchasing options, such as via email. Apple made this change in 2021 as part of its settlement of a class-action lawsuit brought on by small developers.

According to Bloomberg, China's chip import value dropped significantly by 15.4% in 2023, from $413 billion to $349 billion. "Chip sales were down across the board in 2023 thanks to a weakening global economy, but China's chip imports indicate that its economy might be in trouble," reports Tom's Hardware. "The country's inability to import cutting-edge silicon is also certainly a factor in its decreasing chip imports." From the report: In 2022, the value of chip imports to China stood at $413 billion, and in 2023 the country only imported chips worth a total of $349 billion, a 15.4% decrease in value. That a drop happened at all isn't surprising; even TSMC, usually considered to be one of the most advanced fabbing corporation in the world, saw its sales decline by 4.5%. However, a 15.4% decrease in shipments is much more significant, and indicates China has particular issues other than weaker demand across the world.

China's ongoing economic issues, such as its high deflation could play a part. Deflation is when currency increases in value, the polar opposite of inflation, when currency loses value. As inflation has been a significant problem for countries such as the U.S. and UK, deflation might sound much more appealing, but economically it can be problematic. A deflationary economy encourages consumers not to spend, since money is increasing in value, meaning buyers can purchase more if they wait. In other words, deflation decreases demand for products like semiconductors.

However, shipment volume only decreased by 10.8% compared to the 15.4% decline in value, meaning the chips that China didn't buy in 2023 were particularly valuable. This likely reflects U.S. sanctions on China, which prevents it from buying top-end graphics cards, especially from Nvidia. The H100, H200, GH200, and the RTX 4090 are illegal to ship to China, and they're some of Nvidia's best GPUs. The moving target for U.S. sanctions could also make exporters and importers more tepid, as it's hard to tell if more sanctions could suddenly upend plans and business deals.

An anonymous reader quotes a report from TechCrunch: Logistics company FedEx announced its own commerce platform called FDX today. The platform will likely compete against Amazon by offering merchants services like demand generation, fulfillment, tracking, and post-purchase experiences including returns. The company said that FDX is currently in private preview with plans for a wider launch in fall 2024. Businesses can register their interest in trying it out through a form. The company didn't mention any brands that are part of the pilot program.

FedEx's announcement has a lot of marketing buzzwords including "data-driven," "digitally-led" and "end-to-end e-commerce solution for businesses of all sizes" but is thin on details like how it will compete with existing platforms. The company said that merchants could use FedEx's services such as ShopRunner -- an e-commerce platform it acquired in 2020 -- to reach customers, show estimated delivery time on websites, handle carts, track packages, record the carbon emission impact of deliveries, and manage returns. Further reading: Amazon Tops UPS and FedEx To Become Biggest US Delivery Business

An anonymous reader quotes a report from The Register: Broadcom is tossing the majority of VMware's Cloud Services Providers as part of its shakeup of the virtualization titan's partner programs, say sources, leaving customers unclear who their IT supplier will be. The $61 billion purchase of VMware by Broadcom in November was swiftly followed by news of how it planned to reorganize the business into several Broadcom divisions. A month later we revealed that Broadcom intended to discontinue VMware's channel program, and that some solution providers/ resellers would be transitioned to its own scheme, but on an invitation-only basis, from February. However, while Broadcom informed one part of VMware's channel of this change, a second notice was also sent to Cloud Services Providers (CSPs), informing them that their program is going to be terminated at the end of April. This program allows service providers such as smaller cloud operators to sell a VMware-based cloud service.

In the letter, seen by The Register, Broadcom tells its cloud provider partners: "Effective April 30, 2024, the ability to transact as a VMware Cloud Services Provider, under the VMware Partner Connect Program, will come to an end. However, we want to emphasize that you may have the opportunity to join the Broadcom Expert Advantage Partner Program. This invite-only program has simpler requirements and offers expanded benefits, and we will begin inviting partners to join in early 2024." One service provider told us their company had been left in the dark since that letter was received, and Broadcom has given them no indication of whether they will be invited to join its partner program or not, or what their customers are supposed to do if the company loses the right to operate a VMware cloud service. "I don't know how many smaller providers are affected by this but it must be a very large number," the source told us. "The VCSP program was the only way for MSPs and service providers to offer a multi-tenant VMware-based cloud service."

Chatter among some in the industry is that Broadcom is only interested in keeping the largest and most profitable customers, and the company simply doesn't care about the smaller users and the providers that service them. Unconfirmed fears that are only ten percent of Vmware's biggest CSPs will be invited to the new master program. "This all sounds very much like Broadcom taking an aggressive approach to its route to market and focusing on those partners that can deliver growth and significant revenue," said Omdia chief analyst Roy Illsley. "I suspect the intention is to ensure that VMware consists of only profitable products and they are sold in a more cohesive way with the rest of Broadcom. So I expect to see some news on this continuing to come out for most of 2024 as the company puts this plan into action. I would not rule out disposals of some assets in a drive to streamline the portfolio to those that fit with Broadcom's strategy." "How can they just cancel a major program affecting hundreds, perhaps thousands of customers, with zero notice, and zero details?" said one service provider. "They sent the notices out the Friday before the holidays, with no follow-up, which makes the situation even more egregious. What are we supposed to tell our customers? It's mind-boggling."

As General Motors prepares to roll out electric versions of its Buicks, "hundreds of Buick dealerships nationwide" are "turning their backs on the storied brand," reports the Boston Globe.

"The move to electric Buicks is one reason so many dealers are giving up their Buick franchises, according to auto industry watchers." They say that smaller, low-volume Buick dealers either can't or won't make the big investments needed to begin selling EVs, especially as sales growth in the sector has cooled and unsold electrics are piling up on dealer lots. "I think there are dealers who are just not confident in the electric vehicle transition and they don't want to have to commit to the investment," said Karl Brauer, executive analyst at online car retailer iSeeCars.com...

Buick has announced its intention to migrate to an all-electric line of cars by the end of the decade. The brand's first EV is set to go on sale this year. But getting ready to sell EVs is a costly proposition. Dealers must purchase new equipment to service the cars and must pay for worker retraining. GM estimates that the upfront cost to dealers will range between $200,000 and $400,000. "If you're in a market where you're not selling a lot of Buicks, investing a lot to sell electric Buicks may not make a good business case," said Mark Schirmer, spokesperson for Cox Automotive, an Atlanta-based automotive marketing company.
While 854,000 Buicks were sold in 1980, just 103,000 were sold in 2022 — down from 207,000 in 2019, according to the article. So in 2022 GM bought out 44 percent of its dealerships (which they say accounted for just 20% of all U.S. Buick sales), with the majority of them still selling other GM brands like Chevrolet and GMC.

But the article also includes some perspective from Robert O'Koniewski, executive vice president of the Massachusetts State Automobile Dealers Association. "The only reason GM has kept the Buick alive is that it's popular in China." That's Buick's biggest market by far, thanks to a 50-50 joint venture it launched in 1997 with government-owned SAIC Motor, China's biggest carmaker. The partnership sold 653,000 Chinese Buicks in 2022.

But that's a big decline from the 926,000 sold in 2020. Brauer said that Chinese consumers are pulling away from the US brand in favor of Chinese companies like BYD, which passed Tesla in the fourth quarter of 2023 to become the world's largest maker of electric vehicles.

The Food and Drug Administration has allowed Florida to import millions of dollars worth of medications from Canada at far lower prices than in the United States, overriding fierce decades-long objections from the pharmaceutical industry. From a report: The approval, issued in a letter to Florida Friday, is a major policy shift for the United States, and supporters hope it will be a significant step forward in the long and largely unsuccessful effort to rein in drug prices. Individuals in the United States are allowed to buy directly from Canadian pharmacies, but states have long wanted to be able to purchase medicines in bulk for their Medicaid programs, government clinics and prisons from Canadian wholesalers.

Florida has estimated that it could save up to $150 million in its first year of the program, importing medicines that treat H.I.V., AIDS, diabetes, hepatitis C and psychiatric conditions. Other states have applied to the F.D.A. to set up similar programs. But significant hurdles remain. The pharmaceutical industry's major lobbying organization, the Pharmaceutical Research and Manufacturers of America, or PhRMA, which has sued over previous importation efforts, is expected to file suit to prevent the Florida plan from going into effect. Some drug manufacturers have agreements with Canadian wholesalers not to export their medicines, and the Canadian government has already taken steps to block the export of prescription drugs that are in short supply.

An anonymous reader shares a report: Both of Microsoft's current Xbox consoles now have kitchen appliance counterparts. The Xbox Series S toaster recently debuted, following up the Xbox Series X refrigerator. It's available for purchase from Walmart for $39.99. In place of its ability to connect to a TV and play games, it can toast bread or bagels, imprinting the Xbox logo onto its side with its internal heat coils. The Series S toaster has a slot long enough to fit two slices of bread side by side, which I suppose can be considered multiplayer support if the bread is for two people. As with most toasters, this one has different toast browning levels, a removeable crumb tray, a bread ejection function, and automatic shutoff.

A consumer action group is accusing Starbucks of exploiting customers via its gift card and app payments, forcing them to enter a spending cycle where they will never be able to fully spend the remaining balance of prepaid amounts. From a report: The Washington Consumer Protection Coalition, a self-described "movement of everyday consumers advocating for corporate accountability," is calling on the state attorney general to investigate whether the company's policies violate consumer protection laws.

"Starbucks rigs its payment platform so consumers are encouraged to leave unspent money on their cards and apps," said Chris Carter, campaign manager for the group, in a statement. "A few dollars here and there left on a payment platform may not sound like a lot but it adds up. Over the last five years Starbucks has claimed nearly $900 million in unspent gift card and app money as corporate revenue, boosting corporate profits and inflating executive bonuses."

[...] The group, in a 15-page complaint, alleges the platforms for Starbucks' mobile app and digital payment cards are akin to an "involuntary subscription." Customers can only reload money in $5 increments, with a $10 minimum purchase. That, the group says, prevents customers from ever reaching a zero balance, meaning Starbucks pockets more of the customer's money. The Coalition does concede that customers can reload their accounts in stores for a custom amount of $5 or more, making it easier to hit a zero balance.

A bestselling personal finance author and entrepreneur admits that he has more than $1 billion in debt -- and he doesn't think that's a bad thing. From a report: "If I go bust, the bank goes bust," said "Rich Dad, Poor Dad" author Robert Kiyosaki in a Nov. 30 Instagram reel. "Not my problem." That's because his debt has been used to purchase assets, he said in the video. He compared that with using debt to purchase liabilities, such as his Ferrari or Rolls-Royce vehicles -- expenses he's paid off in full, he said.

"I'm a billion dollars in debt because debt is money," Kiyosaki said during an interview on the "Disruptors" podcast. It connects to his strategy of using cash earnings to purchase precious metals like gold or silver, which Kiyosaki argues will retain their value while the U.S. dollar fluctuates: "toilet paper," he called it. Kiyosaki is one of the country's most well-known personal finance personalities. His 1997 book "Rich Dad, Poor Dad," which was originally self-published, has sold more than 40 million copies.

A federal criminal complaint has revealed that state and local agencies in New Jersey bought millions of dollars worth of banned Chinese surveillance cameras. The cameras were purchased from a local company that rebranded the banned equipment made by Dahua Technology, a company that has been implicated in the surveillance of the Uyghur people in Xinjiang. According to 404 Media, "At least $15 million of the equipment was bought using federal COVID relief funds." From the report: The feds charged Tamer Zakhary, the CEO of the New Jersey-based surveillance company Packetalk, with three counts of wire fraud and a separate count of false statements for repeatedly lying to state and local agencies about the provenance of his company's surveillance cameras. Some of the cameras Packetalk sold to local agencies were Dahua cameras that had the Dahua logo removed and the colors of the camera changed, according to the criminal complaint.

Dahua Technology is the second largest surveillance camera company in the world. In 2019, the U.S. government banned the purchase of Dahua cameras using federal funds because their cameras have "been implicated in human rights violations and abuses in the implementation of China's campaign of repression, mass arbitrary detention, and high-technology surveillance against Uyghurs, Kazakhs, and other members of Muslim minority groups in Xingjiang." The FCC later said that Dahua cameras "pose an unacceptable risk to U.S. national security." Dahua is not named in the federal complaint, but [404 Media's Jason Koebler] was able to cross-reference details in the complaint with Dahua and was able to identify specific cameras sold by Packetalk to Dahua's product.

According to the FBI, Zakhary sold millions of dollars of surveillance equipment, including rebranded Dahua cameras, to agencies all over New Jersey despite knowing that the cameras were illegal to sell to public agencies. Zakhary also specifically helped two specific agencies in New Jersey (called "Victim Agency-1" and "Victim Agency-2" in the complaint) justify their purchases using federal COVID relief money from the CARES Act, according to the criminal complaint. The feds allege, essentially, that Zakhary tricked local agencies into buying banned cameras using COVID funds: "Zakhary fraudulently misrepresented to the Public Safety Customers that [Packetalk's] products were compliant with Section 889 of the John S. McCain National Defense Authorization Act for 2019 [which banned Dahua cameras], when, in fact, they were not," the complaint reads. "As a result of Zakhary's fraudulent misrepresentations, the Public Safety Customers purchased at least $35 million in surveillance cameras and equipment from [Packetalk], over $15 million of which was federal funds and grants."

Vizio has agreed to $3 million settlement over allegations it misled consumers on TV refresh rates. The TV maker denies wrongdoing but will cease advertising on "effective" refresh rates. Eligible buyers have until March 2024 to file claims and submit proof of purchase. Settlement includes enhanced one-year warranties. The Verge adds: TV makers often use marketing terms like "effective refresh rate" to refer to motion smoothing features, often called the "soap opera effect," that are intended to reduce motion blur on modern TVs. Motion smoothing is already controversial enough on its own, but companies like Vizio can be frustratingly casual with refresh rate terminology in their marketing.

An anonymous reader quotes a report from the Financial Times: Pink-haired Aitana Lopez is followed by more than 200,000 people on social media. She posts selfies from concerts and her bedroom, while tagging brands such as haircare line Olaplex and lingerie giant Victoria's Secret. Brands have paid about $1,000 a post for her to promote their products on social media -- despite the fact that she is entirely fictional. Aitana is a "virtual influencer" created using artificial intelligence tools, one of the hundreds of digital avatars that have broken into the growing $21 billion content creator economy. Their emergence has led to worry from human influencers their income is being cannibalized and under threat from digital rivals. That concern is shared by people in more established professions that their livelihoods are under threat from generative AI -- technology that can spew out humanlike text, images and code in seconds. But those behind the hyper-realistic AI creations argue they are merely disrupting an overinflated market.

"We were taken aback by the skyrocketing rates influencers charge nowadays. That got us thinking, 'What if we just create our own influencer?'" said Diana Nunez, co-founder of the Barcelona-based agency The Clueless, which created Aitana. "The rest is history. We unintentionally created a monster. A beautiful one, though." Over the past few years, there have been high-profile partnerships between luxury brands and virtual influencers, including Kim Kardashian's make-up line KKW Beauty with Noonoouri, and Louis Vuitton with Ayayi. Instagram analysis of an H&M advert featuring virtual influencer Kuki found that it reached 11 times more people and resulted in a 91 per cent decrease in cost per person remembering the advert, compared with a traditional ad. "It is not influencing purchase like a human influencer would, but it is driving awareness, favorability and recall for the brand," said Becky Owen, global chief marketing and innovation officer at Billion Dollar Boy, and former head of Meta's creator innovations team. "Influencers themselves have a lot of negative associations related to being fake or superficial, which makes people feel less concerned about the concept of that being replaced with AI or virtual influencers," said Rebecca McGrath, associate director for media and technology at Mintel.

"For a brand, they have total control versus a real person who comes with potential controversy, their own demands, their own opinions," McGrath added.

British households will benefit from improved routes for recycling electronic goods from 2026, under government plans to have producers and retailers pay for household and in-store collections. From a report: Consumers would be able to have electrical waste (e-waste) -- from cables to toasters and power tools -- collected from their homes or drop items off during a weekly shop, the Department for Environment, Food and Rural Affairs (Defra) said in a consultation published on Thursday. The ambition is for retailers, rather than the taxpayer, to pick up the tab for these new ways of disposing of defunct, often toxic products safely. The measures are due to come into force in two years' time.

Almost half a billion small electrical items ended up in landfill last year, according to data from the not-for-profit Material Focus. This problem was particularly acute during Christmas, when 500 tonnes of Christmas lights were thrown away, the government said. [...] Measures aimed at easing the problem of electronic waste now include requiring larger retailers to create "collection drop points for electrical items in-store" for free, and without the need to exchange this with a new purchase. From 2026 onward, bricks-and-mortar retailers and online sellers would have to collect any broken or rejected large electrical goods including fridges or cookers when they are delivering a replacement product, Defra said.

Amazon aims to make online car purchases as seamless as getting everyday essentials. But it's not as easy as selling other items. WSJ: Car sales represent Amazon's next bet in e-commerce dominance and come after the Covid-19 pandemic made online car purchases more popular. Amazon executives want to make buying vehicles through its website as simple as purchasing toilet paper or dog food, and the company is looking to strike broad partnerships with carmakers. The company is set to face several challenges in expanding the program beyond a pilot phase for employees starting early next year: One is dealerships, which remain at the center of most new-car sales and depend on service revenue for profit incentives. A second will be trying to get customers who visit its website mainly for lower-priced items to turn to the platform for one of the biggest purchases of their lives. Amazon also will have to navigate different government regulations.

"Customers tell us it's really hard to buy a car," Fan Jin, Amazon's director of vehicle sales, said in an interview. Vehicle-buying software is fragmented, with dealers using a range of software providers. Varying regulations across states also make it difficult. "It's a process that we've heard time and again could use improvement, and we have an opportunity to go and prove it," she said. When the new service launches later next year, Amazon said shoppers will be able to complete every step of the car-buying process through its website. Only new Hyundai vehicles will be available at the start. Consumers will have different financing options, but the company said it is still working through details. Eventually, Amazon wants to expand to trade-in vehicles and used cars. Many dealers might be loath to accept a high volume of online sales because they make a significant amount of money on service and warranty deals that customers agree to when they finance a car purchase.

Mint Mobile has disclosed a new data breach that exposed the personal information of its customers, including data that can be used to perform SIM swap attacks. From a report: Mint is a mobile virtual network operator (MVNO) offering budget, pre-paid mobile plans. T-Mobile has proposed paying $1.3 billion to purchase the company. The company began notifying customers on December 22nd via emails titled "Important information regarding your account," stating that they suffered a security incident and a hacker obtained customer information.

"We are writing to inform you about a security incident we recently identified in which an unauthorized actor obtained some limited types of customer information," warns the Mint Mobile data breach notification. "Our investigation indicates that certain information associated with your account was impacted."