Industrial civilisation is close to breaching a seventh planetary boundary, and may already have crossed it, according to scientists who have compiled the latest report on the state of the world's life-support systems. From a report: "Ocean acidification is approaching a critical threshold," particularly in higher-latitude regions, says the latest report on planetary boundaries. "The growing acidification poses an increasing threat to marine ecosystems." The report, from the Potsdam Institute for Climate Impact Research (PIK), builds on years of research showing there are nine systems and processes -- the planetary boundaries -- that contribute to the stability of the planet's life-support functions.

Thresholds beyond which they can no longer properly function have already been breached in six. Climate change, the introduction of novel entities, change in biosphere integrity and modification of biogeochemical flows are judged to be in high-risk zones, while planetary boundaries are also transgressed in land system change and freshwater change but to a lesser extent. All have worsened, according to the data. Stratospheric ozone depletion has remained stable, however, and there has been a slight improvement in atmospheric aerosol loading, the research says. At a briefing outlining the findings, Levke Caesar, a climate physicist at PIK and co-author of the report, said there were two reasons the levels of ocean acidification were concerning.

An anonymous reader shares a report: YouTube Premium users around the world woke up to bad news today. In over a dozen countries, the price of YouTube Premium individual and family plans increased significantly. This is only the most recent sweep of price increases from Google, as many countries saw price jumps only months ago, with the United States being one of them last summer. Impacted countries include Ireland, Netherlands, Italy, Belgium, UAE, Switzerland, Malaysia, Saudi Arabia, Indonesia, Colombia, Thailand, Singapore, Norway, Sweden, Czech Republic, and Denmark. The prices have gone up by as early as 40%.

The US Commerce Department on Monday will propose a ban on the sale or import of smart vehicles that use specific Chinese or Russian technology because of national security concerns, according to US officials. From a report: A US government investigation that began in February found a range of national security risks from embedded software and hardware from China and Russia in US vehicles, including the possibility of remote sabotage by hacking and the collection of personal data on drivers, Secretary of Commerce Gina Raimondo told reporters Sunday in a conference call.

"In extreme situations, a foreign adversary could shut down or take control of all their vehicles operating in the United States, all at the same time, causing crashes (or) blocking roads," she said. The rule would not apply to cars already on the road in the US that already have Chinese software installed, a senior administration official told CNN. The software ban would take effect for vehicles for "model year" 2027 and the hardware ban for "model year" 2030, according to the Commerce Department. The proposed regulatory action is part of a much broader struggle between the United States and China, the world's two biggest economies, to secure the supply chains of the key computing technology of the future, from semiconductors to AI software. China, in particular, has invested heavily in the connected car market, and inroads made by Chinese manufacturers in Europe have worried US officials.

In 2022 about 346,000 electric cars were reportedly sold in California. But the same year its greenhouse gas emissions dropped a whopping 9.3 million metric tons — the amount produced by 2.2 million gas-powered cars — lowering emissions 2.4% from the year before. "The biggest drop came from transportation, due largely to the increased use of renewable fuels," according to the state's Air Resources Board, touting a newly-released report. (And electricity sector emissions also fell by 2.6 million metric tons, or 4.1%, "even as electricity usage rose," according to The Hill — "a dichotomy that the regulators attributed to an increase in solar and wind power generation.")

So despite a growing economy, "the latest data underscores a continued trend of steady emissions decline..." according to a statement from the Board. "Between 2000 to 2022, emissions fell by 20% while California's gross domestic product increased by 78%, pointing to the effectiveness of the state's climate change and air quality programs." And the amount of carbon dioxide equivalent emitted per unit of economic output ("carbon intensity") has also dropped 55% in the last 20 years: [In 2022] the electricity sector had its lowest carbon intensity since 2000. Wind and solar now represent 30% of generation and in-state solar increased by 15% from 2021, driven by requirements under the state's Cap-and-Trade Program and Renewables Portfolio Standard. Furthermore, California increased its battery storage by 757% from 2019 through 2023, bolstering its renewable energy efforts. The storage capacity is enough to power 6.6 million homes for up to four hours.

Industrial emissions declined by 2%, also falling to the lowest level in 22 years. While refinery emissions remained essentially flat, emissions from oil and gas extraction declined, as did emissions from other fuel use, cement manufacturing, and cogeneration facilities. [The Hill says 2022's industrial emissions were 21.7% below year-2000 levels, according to the report.]

Livestock emissions, which are responsible for 70% of agriculture's greenhouse gas emissions, peaked in 2012 and once again saw reductions in 2022. The decrease is driven by the use of methane digesters funded by the California Climate Investments and incentivized by the Low Carbon Fuel Standard, which capture emissions at the source and convert them to clean fuel.

Landfill methane emissions also continued to decline in 2022. This decline can be attributed in part to the state's efforts to reduce disposal of organic waste, as well as the California Landfill Methane Regulation, which requires landfill operators to monitor and capture emissions escaping from their facilities.
One local news site calls the drop in emissions "shocking," but adds that "the trend is expected to continue. In the second quarter of 2024, 118,181 zero-emission vehicles were purchased in the state, good for about one-quarter of all new car sales."

California governor Gavin Newsom said his state "is proving that climate action goes hand-in-hand with economic growth. We've slashed carbon pollution by a whopping 20% since the turn of the century all while building the world's fifth largest economy. Cleaner air, more good jobs — that's the California way."

First released on July 11th, the Firefox-based Zen browser is "taking a different approach to the user interface," according to the blog It's FOSS.

The Register says the project "reminds us strongly of Arc, a radical Chromium-based web browser... to modernize the standard web browser UI by revising some fundamental assumptions." [Arc] removes the URL bar from front and center, gets rid of the simple flat list of tabs, and so on. Zen is trying to do some similar things, but in a slightly more moderate way — and it's doing it on the basis of Mozilla's Firefox codebase... Instead of the tired old horizontal tab bar you'll see in both Firefox and Chrome, Zen implements its own tab bar... By default, this tab bar is narrow and just shows page icons — but there are some extra controls at the bottom of the sidebar, one of which expands the sidebar to show page titles too. For us, it worked better than Vivaldi's fancier sidebar.
The article concludes it's "a new effort to modernize web browsing by bringing tiling, workspaces, and so on — and it's blissfully free of Google code." One Reddit comment swooned over Zen's "extraordinary" implementation of a distraction-free "Compact Mode" (hiding things like the sidebar and top bar). And It's Foss described it as a "tranquil," browser, "written using CSS, C++, JavaScript, and a few other programming languages, with a community of over 30 people contributing to it." The layout of the interface felt quite clean to me; there were handy buttons on the top to control the webpage, manage extensions, and a menu with additional options... The split-view functionality allows you to open up two different tabs on the same screen, allowing for easy multitasking when working across different webpages... I split two tabs, but in my testing, I could split over 10+ tabs... If you have a larger monitor, then you are in for a treat...

The Zen Sidebar feature... can run web apps alongside any open tabs. This can be helpful in situations where you need to quickly access a service like a note-taking app, Wikipedia, Telegram, and others.

On the customization side of things, you will find that Zen Browser supports everything that Firefox does, be it the settings, adding new extensions/themes/plugins, etc.
The Register points out it's easy to give it a try. "Being based on Firefox means that as well as running existing extensions, it can connect to Mozilla's Sync service and pick up not just your bookmarks, but also your tabs from other instances."

And beyond all that, "There's just something satisfying about switching browsers every now and again..." argues the tech site Pocket-Lint: Zen Browser's vertical tabs layout is superb and feels much better than anything available in standard Firefox. [Firefox recently offered vertical tabs and a new sidebar experience in Nightly/Firefox Labs 131.] The tab bar can be set to automatically hide and show up whenever you hover near it, and it also contains quick access buttons to bookmarks, settings, and browsing history. The tab bar also contains a profile switcher...

One of the greatest parts of the Zen Browser is the community that has popped up around it. At its heart, Zen Browser is a community-driven project... Zen Browser themes are aesthetic and functional tweaks to the UI. While there aren't a ton available right now, the ones that are show a lot of promise for the browser's future... I've personally gotten great use out of the Super URL Bar theme, which makes your URL bar expand and become the focus of your screen while typing in it... There's a lot you can do to make Zen Browser feel nearly exactly like what you want it to feel like.
The "Business Standard calls it "an open-source alternative to Chromium-based browsers," adding "Where Zen truly shines is it offers a range of customisation, tab management, and workspace management..." Their theme store offers a range of options, including modifications to the bookmark toolbar, a floating URL bar, private mode theming, and removal of browser padding. In addition to these, users can also choose from custom colour schemes and built-in theming options... The Sidebar is another neat feature which allows you to open tabs in a smaller, smartphone-sized window. You can view websites in mobile layout by using this panel.
It's "focused on being always at the latest version of Firefox," according to its official site, noting that Firefox is known for its security features. But then, "We also have additional security features like https only built into Zen Browser to help keep you safe online." And it also promises automated Releases "to ensure security."

It's FOSS adds that you can get Zen Browser for Linux, Windows, and macOS from its official website (adding "They also offer it on the Flathub store for further accessibility on Linux.")

And its source code is available on GitHub.

German law enforcement seized 47 cryptocurrency exchange services "that facilitated illegal money laundering activities for cybercriminals," according to BleepingComputer, "including ransomware gangs."

Long-time Slashdot reader Arrogant-Bastard shares their report: The platforms allowed users to exchange cryptocurrencies without following applicable "Know Your Customer" regulations, meaning that users remained completely anonymous when making transactions. This created a low-risk environment for cybercriminals to launder their proceeds without fearing prosecution or being tracked. "Exchange services that enable such anonymous financial transactions and thus money laundering represent one of the most relevant building blocks in the criminal value chain of the cybercrime phenomenon," reads a Federal Criminal Police Office (BKA) announcement... When visiting any of the seized exchanges, you are now redirected to a warning page titled "Operation Final Exchange," which warns visitors that they have been deceived by the promises of anonymity by the operators of these platforms.
The new site notes years-long promises from the exchanges "that their hosting cannot be found, that they do not store any customer data and that all data is deleted immediately after the transaction...

"We have found their servers and seized them — development servers, production servers, backup servers. We have their data — and therefore we have your data. Transactions, registration data, IP addresses.

"Our search for traces begins. See you soon."

Salon looks closer at a new $51,744-per-violation AI regulation officially approved one month ago by America's FTC — calling it a financial blow "If you're a digital media company whose revenue comes from publishing AI-generated articles and fake product reviews.

But they point out the rules also ban "product review suppression." Per the ruling, that means it's a violation for "anyone to use an unfounded or groundless legal threat, a physical threat, intimidation, or a public false accusation in response to a consumer review... to (1) prevent a review or any portion thereof from being written or created, or (2) cause a review or any portion thereof to be removed, whether or not that review or a portion thereof is replaced with other content."

Finally... The rule makes it a violation for a business to "provide compensation or other incentives in exchange for, or conditioned expressly or by implication on, the writing or creation of consumer reviews expressing a particular sentiment, whether positive or negative, regarding the product, service or business...." [T]he new rule also prevents secretly advertising for yourself while pretending to be an independent outlet or company. It bars "the creation or operation of websites, organizations or entities that purportedly provide independent reviews or opinions of products or services but are, in fact, created and controlled by the companies offering the products or services."

In an earlier statement, FTC Consumer Protection Bureau head Sam Levine, said the new rule "should help level the playing field for honest companies. We're using all available means to attack deceptive advertising in the digital age," he said.
Thanks to long-time Slashdot reader mspohr for sharing the article.

The administrators of Great Britain's power grid admit that it's often unable to use energy-storage batteries due to old computer systems and an old network with "not enough cables", according to the Financial Times — though the system operator says they're making progress after upgrading their system last December: The company has plans to lower the rate at which batteries are sidelined to single figures by early next year [said Craig Dyke, from National Grid's electricity system operator], calling current levels "higher than where we want them to be". Dyke's comments came in response to a letter from four leading battery storage groups which said National Grid's "electricity system operator" or ESO division was making the country's power costlier and dirtier by failing to use their technology properly. "Consumers are paying more, clean renewable energy is being wasted, and fossil fuel generation is being used instead," they said... depriving them of revenue and undermining investor confidence.
While the U.K. has the world's second-largest offshore wind market, the article notes that when the system operator can't send its power where it's needed, "the ESO pays wind farms in one place to switch off... and can also need to pay gas-fired power plants in another area to turn on. These payments add up to hundreds of millions of pounds each year, and the costs are passed on to household and business energy bills."

"Use of battery storage abroad has soared in places such as California, where batteries soak up solar power during the day and regularly supply a fifth of the state's power in the evening..."

Thanks to long-time Slashdot reader AmiMoJo for sharing the article.

"The cab was cut from a 1997 Jeep Grand Cherokee," writes the New York Times. "The engine once revved up a 1985 Toyota Celica; and 107 hand-sewn rubber segments, courtesy of Mr. Tymofichuk's wife, help to direct low-pressure air beneath the craft so that it rises eight inches above the ground..." On a cold spring day in a small garage in Alberta, Canada, an engine revved up and an improbable machine — fabricated from auto parts, a hand-sewn rubber skirt and an abandoned fiberglass hull — came to life.

A homemade hovercraft began to rise off the ground with a small crew standing by.

The successful liftoff was the culmination of a lifelong fascination of Robert Tymofichuk, 55, who spent about 1,800 hours over a year working on it [according to this nifty video on YouTube ]. And, to the gratitude of passengers, it comes with heated seats. "If you're going through all that hassle, you might as well make yourself comfortable," Mr. Tymofichuk said. He repurposed the seats from a Volkswagen, so the heating coils were already installed.
Achieve speeds around 40 miles per hour (or 64 kmph), "Mr. Tymofichuk's hovercraft now sails above land and water, a bright red gem coasting over the Saskatchewan River," according to the article. And it also quotes Mr. Tymofichuk as saying it's the fulfillment of a childhood dream.

"To actually have something constructed with your own hands be zipping around, and it's fully functional — it's like magic."

Friday America's Federal Trade Commission brought action against three companies for "anticompetitive and unfair" practices "that have artificially inflated the list price of insulin."

For years, many of the millions of Americans who need insulin to survive "have been forced to pay exorbitant prices for a product that's inexpensive to make," writes NPR. "Now, the federal government is targeting one part of the system behind high insulin prices." While out-of-pocket costs have gone down for many people to $35 a month, questions remain on how the drug became so expensive in the first place. In a new lawsuit filed Friday, the Federal Trade Commission said it's going after one link in the chain: pharmacy benefit managers. The FTC brought action against the top pharmacy benefit managers (PBMs) — CVS Health's Caremark Rx, Cigna's Express Scripts, and United Health Group's OptumRx — saying the companies created a "perverse drug rebate system" that artificially inflates the cost of insulin. If the suit is successful, it could further drive down costs for patients at the pharmacy counter.

PBMs are essentially the middlemen between drug manufacturers and insurance providers. Their job is to reduce drug prices. But the process is complex and opaque, and critics say they're actually driving prices up for patients. The FTC said a big issue is that PBMs' revenue is tied to rebates and fees — which are based on a percentage of a drug's list price. Essentially, in the case of insulin, when the drug costed more, it generated higher rebates and fees for PBMs. "Even when lower list price insulins became available that could have been more affordable for vulnerable patients, the PBMs systemically excluded them in favor of high list price, highly rebated insulin products," the FTC said in a press release on Friday.

The three PBMs named in the FTC lawsuit make up about 80% of the market. According to the suit, the PBMs collected billions of dollars in rebates and fees while insulin became increasingly unaffordable. Over the last two decades, the cost of the lifesaving drug shot up 600% — forcing many Americans with diabetes to ration their medication and jeopardize their health. In 2019, one 1 of 4 insulin patients was unable to afford their medication, according to the FTC. Some people have died.
The FTC's statement says the companies "have abused their economic power by rigging pharmaceutical supply chain competition in their favor, forcing patients to pay more for life-saving medication... While PBM respondents collected billions in rebates and associated fees according to the complaint, by 2019 one out of every four insulin patients was unable to afford their medication..."

"[A]ll drug manufacturers should be on notice that their participation in the type of conduct challenged here raises serious concerns, and that the Bureau of Competition may recommend suing drug manufacturers in any future enforcement actions."

Meta (the parent company of Facebook, Instagram, and Threads) announced Monday that Russian state media outlets like RT are now "banned from our apps globally for foreign interference activity," reports CNN.

CNN adds that Meta is alleging that the "Kremlin-controlled networks" have "engaged in deceptive influence operations and attempted to evade detection... Prior to Monday's ban, RT had 7.2 million followers on Facebook and 1 million followers on Instagram." The move comes days after the US Justice Department announced charges against two RT employees for funneling nearly $10 million into a US company, identified by CNN as Tenet Media, to create and amplify content that aligned with Russian interests. The covert influence campaign was aimed at the American public ahead of the 2024 US presidential election, US officials said.
Last week the U.S. State department "revealed declassified U.S. intelligence findings that suggest RT is fully integrated into Russia's intelligence operations around the world," CNN reported earlier" In addition to its covert influence operations, the leaders of RT also administered an online crowdfunding effort to supply military equipment to Russian soldiers in Ukraine, Blinken alleged. The crowdfunding effort supplied "sniper rifles, suppressors, body armor, night vision equipment, drones, radio equipment, personal weapon sights, diesel generators" to Russian soldiers fighting in Ukraine, according to Blinken.

The goal of the U.S. announcement — and private discussions with allied diplomats — is to make sure that countries know that RT and Russian intelligence agencies are working together to sow division and harm democratic processes, while simultaneously making it much more difficult for RT to operate globally, a senior administration official said...

Asked for comment by CNN, RT responded with a mocking email that read in part: "We've been broadcasting straight out of the KGB headquarters all this time."
More from Reuters: U.S. Secretary of State Antony Blinken said on Friday that countries should treat RT's activities as they do covert intelligence operations... In briefing materials shared with Reuters, Meta said it had seen Russian state-controlled media try to evade detection in their online activities in the past and expected them to continue trying to engage in deceptive practices going forward.
A YouTube spokesperson told Reuters they've also terminated over 230 channels affiliated with Kremlin-controlled outlets — channels which were previously only blocked from viewers.

YouTube "began blocking Russian state-sponsored news channels globally in 2022," reports NBC News, "including those tied to RT and Sputnik. Over the years, according to YouTube, the platform has blocked thousands of channels and millions of videos." James Rubin, coordinator for the State Department's Global Engagement Center, said RT is "where propaganda, disinformation and lies are spread to millions, if not billions, of people around the world."

"In the era of the open source rug pull, the role of open source foundations is more important than ever," argues the co-founder of the developer-focused industry analyst firm RedMonk: The "rug pull" here refers to companies that have used open source as a distribution mechanism, building a community and user base, before changing the license to be restricted, rather than truly open source. "This is capitalism, yo. We've got shareholders to satisfy. It's time to relicense that software, move to a Business Source license." [...] Where open source used to be a sustainable commitment, today too often it feels like a short term tactic. Commercial open source isn't what it used to be.

Which means that open source foundations, which provide ongoing governance and intellectual property management for open source projects, are in an interesting position, in some cases becoming more adversarial than they historically have been with vendors.... [T]he Apache Software Foundation (ASF) has done a great job of fostering sustainable, commercial, open source for decades now, most notably in the data infrastructure space — think Hadoop, Spark, Kafka, Flink etc. ["[C]ommercial open source would almost certainly never have achieved critical mass and continued success without foundations in the mix," the article notes later. "The ASF was founded in 1999, and underpinned the adoption of open source middleware in the enterprise..."] One premise behind the Cloud Native Computing Foundation (CNCF) is that user organisations can within reason trust it to stand behind the projects it incubates and manages. While not an explicit commitment, adopters generally, and enterprises specifically, have seen the CNCF imprimatur as one that they can rely on. In the era of the open source rug pull this kind of promise becomes even more important....

Sid Sijbrandij, CEO of GitLab has argued that open source companies should commit to an Open Charter as a mechanism to protect users from open source rug pulls. "Open source software isn't useful if people can't rely on the project remaining open source. Adopting Open Charter offers open source users predictability amidst the growing licensing switch trend." With a CNCF project, though, the need for this kind of charter becomes less important, because the code is by design not single source, but has a diverse set of contributors. Which is to say that open source foundations can make rug pulls a lot less likely than adoption of open source technology built by a single company. Relying on benevolent dictators is generally pretty risky. And recently the benevolent dictators have seemed... less benevolent.
In conclusion, "Open Source Foundations Considered Helpful," according to the post's title. It does argue that "Any company is within its rights to relicense its software, but it can certainly be problematic from a community and project health perspective.

"Which is exactly why open source foundations are more important than ever."

American Battery Technology and lithium-producer Albemarle are among 25 companies getting more than $3 billion in funding from the Biden administration to boost domestic production of advanced batteries and components. From a report: The funding -- part of a broader White House goal of creating an American battery supply chain -- is going to projects that are building, expanding or retrofitting facilities to process critical minerals, build components and batteries and recycle materials, the Energy Department said Friday.

American Battery Technology received $150 million to build a commercial-scale lithium-ion battery recycling facility in South Carolina. Albemarle is getting $67 million to retrofit a facility to manufacture commercial anode material for next-generation lithium-ion batteries around Charlotte, North Carolina. Other projects included $50 million for Cabot and $225 million for SWA Lithium, a joint venture of Standard Lithium and Equinor. Batteries -- which are used for electric vehicles as well as storing renewable energy for use on the electric grid -- are considered critical to reaching the administration's goal of net-zero emissions by 2050 and for boosting electric vehicles to half of all new light-duty vehicle sales by 2030.

A massive Antarctic glacier, dubbed the "Doomsday Glacier," is melting at an accelerating rate and could be approaching irreversible collapse, international researchers are reporting. The Thwaites Glacier, holding enough ice to raise global sea levels by over two feet, has seen rapid retreat in the past 30 years.

Scientists from the International Thwaites Glacier Collaboration used ice-breaking ships and underwater robots to study the glacier up close since 2018. Their findings reveal warm ocean water funneling through deep cracks in the ice, causing unexpected melting patterns. While computer modeling suggests catastrophic cliff collapse is less likely than feared, researchers project Thwaites and the Antarctic Ice Sheet could disintegrate within 200 years. This collapse could ultimately lead to 10 feet of sea level rise, devastating coastal communities worldwide.

A national "butterfly emergency" has been declared by Butterfly Conservation after the lowest Big Butterfly Count since records began. From a report: An average of just seven butterflies per 15-minute count were recorded by participants in this summer's butterfly count, the lowest in the survey's 14-year history. It was the worst year on record for once-ubiquitous species, including the common blue, small tortoiseshell, small white and green-veined white. Eight out of the 10 most-seen species have declined -- in many cases dramatically -- over the count's history. Previous lowest-ever numbers of butterflies-per-count were logged in 2022, 2021 and 2020.

Butterfly Conservation is calling for the government to declare a "nature emergency" and ban insect-killing neonicotinoid pesticides, with no exceptions. Britain and the EU banned neonicotinoids in 2018 but the UK government has authorised an exemption for the pesticides to be used on sugar beet every year since 2021. Before the election, Labour promised to ban all neonicotinoids. Further reading: UK Nature Chief Sounds Alarm Over Ecosystem Collapse as Butterfly Numbers Halve.

Electric cars now outnumber petrol cars in Norway for the first time, an industry organisation has said, a world first that puts the country on track towards taking fossil fuel vehicles off the road. From a report: Of the 2.8m private cars registered in the Nordic country, 754,303 are all-electric, against 753,905 that run on petrol, the Norwegian road federation (OFV) said in a statement. Diesel models remain the most numerous at just under 1m, but their sales are falling rapidly. "This is historic. A milestone few saw coming 10 years ago," said OFV director Oyvind Solberg Thorsen. "The electrification of the fleet of passenger cars is going quickly, and Norway is thereby rapidly moving towards becoming the first country in the world with a passenger car fleet dominated by electric cars."

A small asteroid, 2024 PT5, will temporarily become a mini-moon for Earth, orbiting in a horseshoe shape from September 29 to November 25, 2024. CBS News reports: Researchers at the Asteroid Terrestrial-impact Last Alert System, an asteroid monitoring system funded by NASA, spotted the asteroid using an instrument in Sutherland, South Africa and labeled it 2024 PT5. Scientists from the Universidad Complutense de Madrid have tracked the asteroid's orbit for 21 days and determined its future path. 2024 PT5 is from the Arjuna asteroid belt, which orbits the sun, according to their study published in Research Notes of the AAs. But Earth's gravitational pull will draw 2024 PT5 towards it and, much like our moon, it will orbit our planet -- but only for 56.6 days. 2024 PT5, which is larger than some of the other mini-moons, will also return to Earth's orbit -- in 2055. [...]

The study's lead author Carlos de la Fuente Marcos told Space.com the mini-moon will be too small to see with amateur telescopes or binoculars but professional astronomers with stronger tools will be able to spot it.

An anonymous reader quotes a report from Bloomberg: Walmart customers will soon have the option to pay directly from their bank accounts with instant transfers for online purchases. The enhanced feature is a flash point in the escalating tensions between merchants and the card networks setting the fees for payment processing. The world's largest retailer has offered pay-by-bank through Walmart Pay since earlier this year. Until now, the transactions were akin to digital checks and took roughly three days to finalize when being processed through The Automated Clearing House, the same network often used for bill payments or paycheck deposits. Soon, customers opting for pay-by-bank transactions will see the purchase reflected in their bank account balance instantly -- and Walmart will receive the funds immediately. [...]

Walmart's upgraded pay-by-bank offering will be rolled out in 2025. The transactions will occur over bank technology provider Fiserv's NOW Network, which integrates with The Clearing House's Real Time Payments network and the Federal Reserve's FedNow. Until now, large retailers hesitated to launch real time payment options because many banks were not connected to an instant settlement system, meaning their customers would not be able to use the product. NOW Network aims to connect to as many banks as possible to reach 100% of deposit accounts by combining its own network with RTP and FedNow. The instant pay-by-bank product will be available for online checkout on Walmart.com. The Bentonville, Arkansas-based retailer already has customers set up a profile when they shop online. If they opt to add pay-by-bank as a payment option on their profile, they will enter their bank login credentials to connect their account. Fiserv's AllData platform connects with their bank clients and vendors including Plaid, MX, Akoya and Finicity to link and authenticate consumer accounts. With this instant pay-by-bank product, consumers will avoid stacked pending transactions, which can open them up to the risk of overdraft or non-sufficient fund fees from their bank. "When the transaction processes as a real time payment, customers get immediate access to see that payment come through, I see it hit my account and I can properly budget," said Jamie Henry, vice president of emerging payments at Walmart. "It's not as if I've got this phantom payment out there that's going to take place a couple days down the road."

Residents of California can now store their driver's license or state ID in Apple or Google Wallet, according to an announcement today. Apple also shared the news. TechCrunch reports: Californians with an ID in the Apple Wallet or Google Wallet app can use their mobile devices to present their ID in person at select TSA security checkpoints and businesses. They can also use the app to verify their age or identity in select apps. Other states that already support digital driver's licenses and state IDs include Arizona, Colorado, Georgia, Maryland, and Ohio.

Young corals bred using in vitro fertilisation (IVF) and planted in reefs around the US, Mexico and the Caribbean have surprised scientists, after most survived last year's record marine heatwave, while older corals struggled. From a report: A study has found that 90% of the young IVF-created corals surveyed remained healthy and colourful, holding on to the algae that live within them and supply them with nutrition. In contrast, only about a quarter of older non-IVF corals remained healthy. The rest, including large colonies that may have lived for centuries, were either bleached by the heat -- expelling the algae from their tissues and turning white -- or paled, expelling some of the algae. Some died in the heatwave before the survey was conducted.

Dr Margaret Miller, lead author and research director at Secore International, a reef conservation organisation, said: "[The heatwave] was a horrible time. But I was impressed and surprised that the data came out with such an extreme pattern." The young corals were bred over the past five years using a version of IVF developed by Secore. Divers collected coral spawn, which was used to fertilise eggs in the laboratory. The resultant baby corals were then planted on reefs across the Caribbean to form colonies.

Most coral restoration efforts have historically focused on fragmentation techniques -- where corals are broken into smaller pieces and transplanted to a new location. Rather than producing exact clones, as fragmentation does, breeding corals by IVF increased the genetic diversity, giving them a higher chance of adapting to heat over time. "Natural selection back in the reef environment will choose the best ones," said Miller. The 771 young corals in the study -- a fraction of the thousands bred each year by Secore and partner institutions -- live in restored reefs off Mexico, the Dominican Republic, the US Virgin Islands, and the Dutch Caribbean territories of Bonaire and Curacao.