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Taiwan's iPass has released a limited-edition prepaid payment card shaped exactly like a 3.5-inch floppy disk. The company, perhaps rightly so, felt the need to include a warning on the product listing: "This product only has a card function and does not have a 3.5mm [sic] disk function, please note before purchasing." The NFC-enabled novelty card went on sale starting Christmas Eve and comes in black or yellow finishes at 1:1 scale. It works across Taiwan's public transport network -- buses, trains, subways, taxis, and bike rentals -- as well as convenience stores like 7-Eleven and FamilyMart, supermarkets, pharmacies, and fast-food chains including McDonald's and Burger King. The floppy disk joins an increasingly absurd lineup of iPass form factors. Previous releases have included, Tom's Hardware reports, a Motorola DynaTAC replica, model trains, a flip-flop, an LED-lit Godzilla snow globe, and a blood bag. Taiwan's PCHome24 online store currently lists 838 different iPass card designs. A standard card costs NT$100 (about $3.20) and comes without stored value.

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Toll roads are expanding across the U.S. as the traditional gas tax funding model for highways collapses. Indiana became the first state to authorize tolls on all of its existing interstate highways when Governor Mike Braun signed legislation in June. The federal gas tax hasn't been raised since 1993. In fiscal 2024, the federal government spent $27 billion more on road maintenance than it collected from fuel taxes, and at state and local levels, fuel taxes covered barely a quarter of road spending. Drivers currently pay to access just 6,300 miles of America's roughly 160,000 miles of highway. Most tolling projects have enjoyed bipartisan support -- Florida has more toll roads by distance than any other state, and Texas is second. But as Republicans embrace populism, the politics are shifting. In New York, almost all state Republicans fought congestion pricing, and President Donald Trump attempted to shut it down after taking office. Some Republicans now want to buy back pay-to-drive roads and make them free.

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The first-ever commercial rocket launched at Brazil's Alcantara Space Center crashed soon after liftoff late earlier this week, dealing a blow to Brazilian aerospace ambitions and shares of South Korean satellite launch company Innospace. From a report: The rocket began its vertical trajectory as planned after liftoff [Monday] at 10:13 p.m. local time (0113 GMT) but fell to the ground after something went wrong 30 seconds into its flight, Innospace CEO Kim Soo-jong said in a letter to shareholders. The craft crashed within a pre-designated safety zone and did not harm anyone, he said. Brazil's air force said firefighters were sent to analyze the wreckage and impact zone. "We are deeply sorry that we failed to meet the expectations of our shareholders who supported our first commercial launch," the CEO wrote in the letter, which was posted on the company's website on December 23. Innospace shares plunged nearly 29% in Seoul in its biggest daily drop and heaviest daily trading volume since its July 2024 listing.

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After more than two decades of promises and false starts in the mesh networking space, the smart home standards that Apple, Amazon and Google have each championed are finally set to escape their respective brand silos and work together in a single unified network. Starting January 1, 2026, Thread 1.4 becomes the Thread Group's only certified standard, bringing a crucial new capability called credential sharing. Devices from different manufacturers can now securely join the same mesh network -- an Amazon Echo Show and an Apple HomePod mini in the same house will both be able to control the same Nanoleaf lightbulb. This marks a significant departure from Thread 1.3, released in 2022, where each brand's mesh network connected only to devices from that same brand. The Thread Group launched in 2014 as a coalition led by Arm, Google's Nest Labs, and Samsung, later welcoming Apple and Amazon into the fold. Thread 1.4 handles low-power smart home devices and sensors, but homes also need high-bandwidth connections for laptops and phones. Wi-Fi 7 mesh serves that purpose and the Matter protocol acts as a translation layer between the two different mesh networks. Both Wi-Fi 7 and Matter arrived in products on store shelves in 2025.

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The global push to put autonomous taxis on public roads is accelerating as ride-hailing companies and technology firms advance from pilot programs toward limited commercial rollouts in cities across China, the United States, Europe and the Middle East. WeRide and Uber launched Level 4 fully driverless robotaxi operations in Abu Dhabi in November and began offering robotaxi passenger rides on Uber's platform in Dubai the following month. Amazon's Zoox started offering free rides to select early users in parts of San Francisco in November after launching its autonomous ride-hailing service on the Las Vegas Strip in September. Alphabet's Waymo now operates services in Phoenix, San Francisco, and Los Angeles -- the latter two having launched in June and November 2024 respectively. Baidu's Apollo Go has been operating without safety drivers in Chongqing and Wuhan since securing permits in August 2022 and has since expanded to Shenzhen and Beijing. Pony.ai launched paid robotaxi services in Guangzhou in February and Shanghai in August. Tesla began a limited paid robotaxi rollout in Austin, Texas in June using Model Y SUVs, though the vehicles still require a safety monitor onboard. The expansion will continue in 2026: Waymo plans to launch an autonomous ride-hailing service in London, and Momenta is preparing a luxury robotaxi service in Abu Dhabi through a partnership with Mercedes-Benz and UAE taxi operator Lumo.

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NASA Administrator Jared Isaacman, who was confirmed by the Senate just last week after a turbulent nomination process that stretched across most of 2025, said Friday that the United States will return to the moon within President Donald Trump's second term. Isaacman made the comments during an interview on CNBC, calling Trump's recommitment to lunar exploration key to unlocking what he described as an "orbital economy." He said: "We want to have that opportunity to explore and realize the scientific, economic and national security potential on the moon," he said. The potential opportunities include establishing space data centers and infrastructure on the moon, as well as mining Helium-3, a rare gas embedded in the lunar surface that could serve as fuel for fusion power. NASA is currently working on its Artemis campaign alongside SpaceX, Blue Origin, and Boeing. Trump's One Big Beautiful Bill Act allocated $9.9 billion to the agency earlier this year. The Artemis II mission, NASA's first crewed test flight using the Space Launch System rocket and Orion spacecraft, is expected to launch in the near future. SpaceX is contracted to build the lunar landing system for the subsequent Artemis III mission. Isaacman was first nominated by Trump in December 2024 but had his nomination pulled in May over unspecified "prior associations." Trump renominated him in November.

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Social media platforms with infinite scrolling, auto-play and algorithmic feeds will be required to display warning labels about their potential harm to young users' mental health under a new law, New York Governor Kathy Hochul announced on Friday. From a report: "Keeping New Yorkers safe has been my top priority since taking office, and that includes protecting our kids from the potential harms of social media features that encourage excessive use," Hochul said in a statement. This month Australia imposed a social media ban for children under 16. New York joins states like California and Minnesota that have similar social media laws. The New York law includes platforms that offer "addictive feeds," auto play or infinite scroll, according to the legislation. The law applies to conduct occurring partly or wholly in New York but not when the platform is accessed by users physically outside the state.

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GitHub has disabled Rockchip's Media Process Platform repository after an FFmpeg developer filed a DMCA takedown notice, nearly two years after the open-source project first publicly accused the Chinese chipmaker of license violations. The notice, filed December 18, claims Rockchip copied thousands of lines of code from FFmpeg's libavcodec library -- including decoders for H.265, AV1, and VP9 formats -- stripped the original copyright notices, falsely claimed authorship and redistributed the code under Apache's permissive license rather than the original LGPL. FFmpeg first called out Rockchip in February 2024 for "blatantly copy and pasting FFmpeg code" into its driver, but the chipmaker's last response suggested no intention to resolve the matter. The DMCA notice requests either removal of the infringing files or restoration of proper attribution and an LGPL-compatible license.

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Two years after generative AI was supposed to render India's $250 billion IT services industry obsolete, the sector is finding that enterprises still need someone to handle the unglamorous plumbing work that large-scale AI deployment demands. Less than 15% of organizations are meaningfully deploying the new technology, according to investment bank UBS, and Indian IT firms are positioning themselves to capture the preparatory work -- data cleanup, cloud migration, system integration -- that channel checks suggest could take two to three years before enterprise-wide AI becomes feasible. The financials have held up better than the doomsday predictions suggested. Infosys now calls AI-led volume opportunities a bigger tailwind than the deflation threat, a reversal from 2024, and orderbooks held steady in the third quarter even as pricing pressure filtered through renewals. Infosys expects its orderbook to grow more than 50% this quarter, anchored by an NHS deal worth $1.6 billion over 15 years. The companies have been restructuring accordingly. TCS cut headcount by 2% and invested in a 1GW data-centre network while acquiring Salesforce advisory firm Coastal Cloud. HCLTech reduced margins by 100 basis points and became one of the first large systems integrators to partner with OpenAI; this week it announced acquisitions of Jaspersoft for $240 million and Belgian firm Wobby to expand agentic AI capabilities. The bear case for the Indian IT sector assumed that AI would work out of the box. Two years in, it does not.

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While stock investors have pushed AI-related shares to repeated highs this year, debt markets are telling a more cautious story as newer AI infrastructure companies find themselves paying significantly elevated interest rates to borrow money. Applied Digital, a data center builder, sold $2.35 billion of debt in November at a 9.25% coupon -- roughly 3.75% above similarly rated companies, or about 70% more in interest costs. The pattern has repeated across several deals. Wulf Compute, a subsidiary of Bitcoin-miner-turned-data-center-operator Terawulf, raised $3.2 billion in mid-October at 7.75%, well above the 5.5% average yield for similarly rated issuers. Cipher Compute sold $1.7 billion in early November at just over 7%. CoreWeave, which rents data centers and installs computing systems for companies like OpenAI and Meta, raised $1.75 billion in July at 9%. The company's bonds have since fallen to around 90 cents on the dollar, pushing the effective yield above 12% -- nearly double the average for companies at its single-B rating level. "We just have to be much more pessimistic and not buy into the hype," said Will Smith, a portfolio manager at AllianceBernstein. Construction delays and uncertain demand for AI computing power remain key concerns for lenders who, unlike equity investors, have no upside beyond getting their principal back.

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While America's largest corporations are riding a wave of surging profits and AI-fueled stock market enthusiasm to record highs, small businesses across the country are cutting staff and scaling back operations as years of high inflation, cautious consumers and tariff confusion take their toll. Private firms with fewer than 50 workers have steadily shed jobs over the past six months, according to payroll processor ADP, cutting 120,000 positions in November alone. Midsize and large firms continued adding jobs during the same period. The divergence mirrors what's happening among American consumers. The Federal Reserve's latest beige book noted that overall consumer spending declined further even as higher-end retail spending remained resilient. Workers at small businesses tend to earn less than those at large companies, and stock market gains from large public company shares flow mostly to wealthier Americans. Small businesses -- those with up to 500 workers -- employ nearly half the American workforce and represent more than 40% of GDP, according to the U.S. Chamber of Commerce. But their profits are slightly lower than a year ago, per a Bank of America Institute analysis. Net income at S&P 500 companies rose 12.9% from a year earlier in the third quarter.

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Western carmakers retreating from electric vehicles amid softening government mandates could find themselves in a precarious position as Chinese rivals continue gaining ground in the EV market they're choosing to de-prioritize. The EU on December 16th dropped its earlier plan to ban petrol car sales outright from 2035, instead requiring carmakers to cut emissions from new vehicles by 90% from 2021 levels. The day before, Ford announced a $19.5 billion asset writedown as it rethinks its EV strategy and ends sales of the all-electric F-150 pickup. In the U.S., the Trump administration has rolled back incentives and other measures that supported EVs. But Chinese brands controlled 10.7% of the all-electric car market in western Europe in the first ten months of 2025, up a percentage point from a year earlier, despite EU tariffs on Chinese EVs imposed in October 2024. Sales of Chinese hybrids, which aren't subject to those tariffs, have surged. EVs will eventually become the cheaper option as production expands and costs fall, meaning Western carmakers that slow down now risk giving competitors an unassailable lead.

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The global smartphone and PC markets face potential contractions of up to 5.2% and 8.9% respectively in 2026, according to downside risk scenarios from IDC that trace the problem to memory chip manufacturers shifting production capacity away from consumer electronics toward AI data centers. Samsung Electronics, SK Hynix and Micron Technology have pivoted their limited cleanroom space toward high-bandwidth memory for AI servers, restricting supply of the conventional DRAM and NAND used in phones and laptops. IDC expects 2026 DRAM supply growth to hit 16% year-on-year, below historical norms. The smartphone industry's decade-long trend of bringing flagship features to affordable devices is reversing. Memory represents 15-20% of the bill of materials for mid-range phones, and thin-margin vendors like Xiaomi, Realme and Transsion will bear the brunt. Apple and Samsung have long-term supply agreements securing components up to 24 months ahead. PC vendors including Lenovo, Dell, HP, Acer and ASUS have warned clients of 15-20% price increases heading into the second half of 2026.

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An anonymous reader shares a report: China on Friday launched three venture capital funds to invest in "hard technology" areas, state broadcaster CCTV reported. The capital contribution plans for the funds have been finalised, each with more than 50 billion yuan ($7.14 billion), according to the report. The funds will primarily invest in early-stage startups and the targets should be valued at less than 500 million yuan, an official said on Friday, adding that no single investment would amount to more than 50 million yuan.

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The relentless climb in memory prices driven by the AI boom's insatiable demand for datacenter hardware has renewed an old debate about whether modern software has grown inexcusably fat, a column by the Register argues. The piece points to Windows Task Manager as a case study: the current executable occupies 6MB on disk and demands nearly 70MB of RAM just to display system information, compared to the original's 85KB footprint. "Its successor is not orders of magnitude more functional," the column notes. The author draws a parallel to the 1970s fuel crisis, when energy shortages spurred efficiency gains, and argues that today's memory crunch could force similar discipline. "Developers should consider precisely how much of a framework they really need and devote effort to efficiency," the column adds. "Managers must ensure they also have the space to do so." The article acknowledges that "reversing decades of application growth will not happen overnight" but calls for toolchains to be rethought and rewards given "for compactness, both at rest and in operation."

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Michael Truell, the 25-year-old CEO and cofounder of Cursor, is drawing a sharp distinction between careful AI-assisted development and the more hands-off approach commonly known as "vibe coding." Speaking at a conference, Truell described vibe coding as a method where users "close your eyes and you don't look at the code at all and you just ask the AI to go build the thing for you." He compared it to constructing a house by putting up four walls and a roof without understanding the underlying wiring or floorboards. The approach might work for quickly mocking up a game or website, but more advanced projects face real risks. "If you close your eyes and you don't look at the code and you have AIs build things with shaky foundations as you add another floor, and another floor, and another floor, and another floor, things start to kind of crumble," Truell said. Truell and three fellow MIT graduates created Cursor in 2022. The tool embeds AI directly into the integrated development environment and uses the context of existing code to predict the next line, generate functions, and debug errors. The difference, as Truell frames it, is that programmers stay engaged with what's happening under the hood rather than flying blind.

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Apple's Developer Academy in Detroit has spent roughly $30 million over four years training hundreds of people to build iPhone apps, but not everyone lands coding jobs right away, according to a WIRED story published this week. The program launched in 2021 as part of Apple's $200 million response to the Black Lives Matter protests and costs an estimated $20,000 per student -- nearly twice what state and local governments budget for community colleges. About 600 students have completed the 10-month course at Michigan State University. Academy officials say 71% of graduates from the past two years found full-time jobs across various industries. The program provides iPhones, MacBooks and stipends ranging from $800 to $1,500 per month, though one former student said many participants relied on food stamps. Apple contributed $11.6 million to the academy. Michigan taxpayers and the university's regular students covered about $8.6 million -- nearly 30% of total funding. Two graduates said their lack of proficiency in Android hurt their job prospects. Apple's own US tech workforce went from 6% Black before the academy opened to about 3% this year.

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Google appears to be testing a feature that would let users change their @gmail.com address for the first time, according to an official support document. The support page exists only in Hindi, suggesting an India-first rollout, and Google notes that users will "gradually begin to see this option." The feature would let users switch to a new @gmail address while retaining full access to their old one, effectively giving a single account two working email addresses. Emails sent to either address would arrive in the same inbox, and existing data in Drive and Photos would remain unaffected. Users who switch cannot register another new address for 12 months. Google has not officially announced the feature.

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Apple has agreed to a settlement with Brazil's antitrust regulator that will require the company to allow third-party app stores on iPhones and permit developers to direct users to external payment options, marking another country where Apple's tightly controlled App Store model is being pried open by government action. Brazil's Administrative Council of Economic Defense approved the settlement this week, resolving an investigation that began in 2022 into whether Apple's restrictions on app distribution and payments limited competition. Under the new rules, developers can offer third-party payment methods within their apps alongside Apple's own system. The fee structure varies: purchases through Apple's system remain subject to a 10% or 25% commission plus a 5% transaction fee. Apps that include a clickable link to external payment will face a 15% fee, while static text directing users elsewhere incurs no charge. Third-party app stores will pay a 5% Core Technology Commission.

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An anonymous reader shares a report: A typosquatted domain impersonating the Microsoft Activation Scripts (MAS) tool was used to distribute malicious PowerShell scripts that infect Windows systems with the 'Cosmali Loader'. BleepingComputer has found that multiple MAS users began reporting on Reddit yesterday that they received pop-up warnings on their systems about a Cosmali Loader infection. Based on the reports, attackers have set up a look-alike domain, "get[dot]activate[dot]win," which closely resembles the legitimate one listed in the official MAS activation instructions, "get[dot]activated[dot]win." Given that the difference between the two is a single character ("d"), the attackers bet on users mistyping the domain.

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