United States

Consumers Are Increasingly Turning To Buy-Now-Pay-Later Services For Groceries (nytimes.com) 141

Nearly a quarter of consumers using buy-now-pay-later loans now finance their grocery purchases, representing a significant increase from 14% a year ago, according to a recent LendingTree survey. The shift marks a departure from the traditional use of these short-term financing services for big-ticket items like electronics and furniture toward everyday essentials including groceries, utility bills, and streaming services.

The BNPL market has experienced dramatic growth, expanding from $2 billion in consumer purchases in 2019 to more than $116.3 billion by 2023. Morgan Stanley found that 28% of surveyed Americans had used BNPL services with about 30% of those users applying the financing to grocery purchases. Food prices have risen 28% since 2020, creating particular pressure on lower-income households earning less than $50,000 annually, who represent the largest user base for these services.
The Almighty Buck

Consumer Group Accuses Shein of Manipulating Shoppers With 'Dark Patterns' (www.cbc.ca) 14

An anonymous reader quotes a report from CBC: A consumer organization filed a complaint with the European Commission on Thursday against online fast-fashion retailer Shein over its use of "dark patterns," which are tactics designed to make people buy more on its app and website. Pop-ups urging customers not to leave the app or risk losing promotions, countdown timers that create time pressure to complete a purchase and the infinite scroll on its app are among the methods Shein uses that could be considered "aggressive commercial practices," wrote BEUC, a pan-European consumer group, in a report.

The BEUC also detailed Shein's use of frequent notifications, with one phone receiving 12 notifications from the app in a single day. "For fast fashion you need to have volume, you need to have mass consumption, and these dark patterns are designed to stimulate mass consumption," said Agustin Reyna, director general of BEUC, in an interview. "For us, to be satisfactory they need to get rid of these dark patterns, but the question is whether they will have enough incentive to do so, knowing the potential impact it can have on the volume of purchases." [...]

The BEUC also targeted the online discount platform Temu, a Shein rival, in a previous complaint. Both platforms have surged in popularity in Europe, partly helped by apps that encourage shoppers to engage with games and stand to win discounts and free products. [...] The BEUC noted that dark patterns are widely used by mass-market clothing retailers and called on the consumer protection network to include other retailers in its investigation. It said 25 of its member organizations in 21 countries, including France, Germany and Spain, joined in the grievance filed with the commission and with the European consumer protection network.
Temu and Shein have their own issues in the United States. Following the recent closure of the de minimis loophole, use of the two Chinese platforms have slowed significantly. "Temu's U.S. daily active users (DAUs) dropped 52% in May versus March, before Trump's tariffs were announced, while those at rival Shein were down 25%," reports CNBC, citing data from market intelligence firm Sensor Tower.

"The declines were also reflected in both platforms' Apple App Store rankings. Temu averaged a rank of 132 in May 2025, down from an average top 3 ranking a year ago, while Shein averaged a rank of 60 last month versus a top 10 ranking the year prior, the data showed."
AI

Anthropic Co-founder on Cutting Access To Windsurf: 'It Would Be Odd For Us To Sell Claude To OpenAI' (techcrunch.com) 5

Anthropic cut AI coding assistant Windsurf's direct access to its Claude models after media reported that rival OpenAI plans to acquire the startup for $3 billion. Anthropic co-founder Jared Kaplan told TechCrunch that "it would be odd for us to be selling Claude to OpenAI," explaining the decision to cut access to Claude 3.5 Sonnet and Claude 3.7 Sonnet models.
Businesses

Discord's CTO Is Just As Worried About Enshittification As You Are (engadget.com) 45

An anonymous reader quotes a report from Engadget: Discord co-founder and CTO Stanislav Vishnevskiy wants you to know he thinks a lot about enshittification. With reports of an upcoming IPO and the news of his co-founder, Jason Citron, recently stepping down to hand leadership of the company over to Humam Sakhnini, a former Activision Blizzard executive, many Discord users are rightfully worried the platform is about to become, well, shit. "I understand the anxiety and concern," Vishnevskiy told Engadget in a recent call. "I think the things that people are afraid of are what separate a great, long-term focused company from just any other company." According to Vishnevskiy, the concern that Discord could fail to do right by its users or otherwise lose its way is a topic of regular discussion at the company.

"I'm definitely the one who's constantly bringing up enshittification," he said of Discord's internal meetings. "It's not a bad thing to build a strong business and to monetize a product. That's how we can reinvest and continue to make things better. But we have to be extremely thoughtful about how we do that." The way Vishnevskiy tells it, Discord already had an identity crisis and came out of that moment with a stronger sense of what its product means to people. You may recall the company briefly operated a curated game store. Discord launched the storefront in 2018 only to shut it down less than a year later in 2019. Vishnevskiy describes that as a period of reckoning within Discord.

"We call it embracing the brutal facts internally," he said of the episode. When Vishnevskiy and Citron started Discord, they envisioned a platform that would not just be for chatting with friends, but one that would also serve as a game distribution hub. "We spent a year building that component of our business and then, quite frankly, we quickly knew it wasn't going well." Out of that failure, Discord decided to focus on its Nitro subscription and embrace everyone who was using the app to organize communities outside of gaming. Since its introduction in 2017, the service has evolved to include a few different perks, but at its heart, Nitro has always been a way for Discord users to get more out of the app and support their favorite servers. [...] Vishnevskiy describes Nitro as a "phenomenal business," but the decision to look beyond gaming created a different set of problems. "It wasn't clear exactly who we were building for, because now Discord was a community product for everyone, and that drove a lot of distractions," he said.
"Discord is something that is meant to be a durable company that has a meaningful impact on people's lives, not just now but in 10 years as well," Vishnevskiy said. "That's the journey that Humam joined and signed up for too. We are long-term focused. Our investors are long-term focused."
The Courts

Apple's Attempt To Pause App Store Antitrust Order Fails (9to5mac.com) 21

Apple's emergency request to pause a court order forcing it to ease App Store restrictions was denied by the U.S. 9th Circuit Court of Appeals, allowing new compliance rules to take effect while Apple continues to appeal. 9to5Mac reports: Apple had asked the appeals court to halt enforcement of a recent ruling by U.S. District Judge Yvonne Gonzalez Rogers, who found Apple in contempt this April for effectively dodging her original injunction. Convoluted, right? Exactly. The judge observed several violations, including Apple's imposition of a 27% fee on out-of-app transactions and overall attempts to continue making it unappealing for developers to direct users to external payment options.

As Reuters noted: "In its emergency appeal, Apple said the ruling blocked the company from "exercising control over core aspects of its business operations' and forced it to give away free access to its services." In rejecting Apple's motion, the court is letting those new compliance requirements stand while the company appeals the decision. Apple had hoped to halt the enforcement until the decision was final, which would grant the company the right to roll back the changes it was recently compelled to implement.
In a statement provided to 9to5Mac, Apple said: "We are disappointed with the decision not to stay the district court's order, and we'll continue to argue our case during the appeals process. As we've said before, we strongly disagree with the district court's opinion. Our goal is to ensure the App Store remains an incredible opportunity for developers and a safe and trusted experience for our users."
The Almighty Buck

American Science & Surplus Is Fighting For Its Life (arstechnica.com) 46

"One of the few major independent science-surplus/DIY outlets left is American Science & Surplus," writes longtime Slashdot reader Tyler Too. "They've recently launched a GoFundMe campaign to ensure their survival." Ars Technica reports: Now, nearly 90 years after its launch selling "reject lenses" as American Lens & Photo, American Science & Surplus is facing an existential threat. The COVID-19 pandemic and increased costs hit the business hard, so the store has launched a GoFundMe campaign looking to raise $200,000 from customers and fans alike. What's happening in suburban Chicago is a microcosm of the challenges facing local retail, with big-box retailers and online behemoths overwhelming beloved local institutions. It's a story that has played out countless times in the last two-plus decades, and owner Pat Meyer is hoping this tale has a different ending. Ars reports on American Science & Surplus' long history, noting that it was founded in 1937 and has grown from a modest surplus shop into a beloved, quirky institution for makers, science enthusiasts, and curiosity seekers. Over the decades, it evolved far beyond its original niche of lenses and lab equipment. As Meyer, a 41-year veteran of the company, put it: "I've done everything in the company that there is to do... it's been my life for 41 years."

Once known for its robust telescope section and deep inventory of scientific odds and ends, the store has adapted to shifting consumer habits -- some changes bittersweet. True to its DIY spirit, American Science & Surplus is described as a "physical manifestation of the maker ethos," stocked with everything from motors to military gas masks to mule-branding kits. It also carries a rare sense of humor, with quirky signage like a warning that a "Deluxe Walking Cane" is "not the edible kind of cane."

Today, American Science & Surplus faces modern challenges like relocating a costly warehouse and overhauling outdated software and web infrastructure. But Meyer is optimistic, noting that contributions to their GoFundMe campaign represent more than financial help: "It's about supporting local retail during a very challenging time. Who wants to buy everything at Amazon, Walmart, Temu, and Target?"
Microsoft

Microsoft's LinkedIn Chief Is Now Running Office (theverge.com) 16

Announced in an internal memo from Microsoft CEO Satya Nadella, LinkedIn CEO Ryan Roslansky has been appointed to also lead the Office, Outlook, and Microsoft 365 Copilot teams as part of an internal AI reorganization. Roslansky will report to Rajesh Jha for Office while continuing to run LinkedIn independently under Nadella. The Verge reports: "LinkedIn remains a top priority and will continue to operate as an independent subsidiary," says Nadella in his memo. "This move brings us closer to the original vision we laid out nine years ago with the LinkedIn acquisition: connecting the world's economic graph with the Microsoft Graph. And I look forward to how Ryan will bring his product ethos and leadership to entertainment and devices." Sumit Chauhan and Gaurav Sareen, senior executives in the Office and Microsoft 365 teams, will remain on the entertainment and devices leadership team, but along with their teams they'll join Jon Friedman and the UX team to work directly for Roslansky.

Charles Lamanna and his BIC team are also moving to report to Rajesh Jha as part of an AI shakeup. "Charles has consistently kept us focused on what it takes to win in business applications and the agent layer, and I look forward to the impact he and his team will have in entertainment and devices," says Nadella. In a separate memo, Lamanna also announced that starting July 2nd Lili Cheng will take on the newly expanded role of CTO of the BIC team. Dan Lewis is also taking on the role of corporate vice president of Copilot Studio. "We are poised to reinvent every role and every business process, and start to reimagine organizations as composed of people and agents," says Lamanna in an internal memo.

Both the Lamanna and Roslansky moves are very interesting, as the business Copilot team and Microsoft 365 Copilot team have been in separate parts of Microsoft's sprawling AI and cloud teams up until this point. This has led to a situation where nobody really owns Copilot all up inside Microsoft, but now the separate leaders of Microsoft 365 Copilot and the business Copilot teams now both report to Rajesh Jha. The consumer Copilot will still be run by Microsoft AI CEO Mustafa Suleyman.

The Courts

OpenAI Slams Court Order To Save All ChatGPT Logs, Including Deleted Chats (arstechnica.com) 103

An anonymous reader quotes a report from Ars Technica: OpenAI is now fighting a court order (PDF) to preserve all ChatGPT user logs—including deleted chats and sensitive chats logged through its API business offering -- after news organizations suing over copyright claims accused the AI company of destroying evidence. "Before OpenAI had an opportunity to respond to those unfounded accusations, the court ordered OpenAI to 'preserve and segregate all output log data that would otherwise be deleted on a going forward basis until further order of the Court (in essence, the output log data that OpenAI has been destroying)," OpenAI explained in a court filing (PDF) demanding oral arguments in a bid to block the controversial order.

In the filing, OpenAI alleged that the court rushed the order based only on a hunch raised by The New York Times and other news plaintiffs. And now, without "any just cause," OpenAI argued, the order "continues to prevent OpenAI from respecting its users' privacy decisions." That risk extended to users of ChatGPT Free, Plus, and Pro, as well as users of OpenAI's application programming interface (API), OpenAI said. The court order came after news organizations expressed concern that people using ChatGPT to skirt paywalls "might be more likely to 'delete all [their] searches' to cover their tracks," OpenAI explained. Evidence to support that claim, news plaintiffs argued, was missing from the record because so far, OpenAI had only shared samples of chat logs that users had agreed that the company could retain. Sharing the news plaintiffs' concerns, the judge, Ona Wang, ultimately agreed that OpenAI likely would never stop deleting that alleged evidence absent a court order, granting news plaintiffs' request to preserve all chats.

OpenAI argued the May 13 order was premature and should be vacated, until, "at a minimum," news organizations can establish a substantial need for OpenAI to preserve all chat logs. They warned that the privacy of hundreds of millions of ChatGPT users globally is at risk every day that the "sweeping, unprecedented" order continues to be enforced. "As a result, OpenAI is forced to jettison its commitment to allow users to control when and how their ChatGPT conversation data is used, and whether it is retained," OpenAI argued. Meanwhile, there is no evidence beyond speculation yet supporting claims that "OpenAI had intentionally deleted data," OpenAI alleged. And supposedly there is not "a single piece of evidence supporting" claims that copyright-infringing ChatGPT users are more likely to delete their chats. "OpenAI did not 'destroy' any data, and certainly did not delete any data in response to litigation events," OpenAI argued. "The Order appears to have incorrectly assumed the contrary."
One tech worker on LinkedIn suggested the order created "a serious breach of contract for every company that uses OpenAI," while privacy advocates on X warned, "every single AI service 'powered by' OpenAI should be concerned."

Also on LinkedIn, a consultant rushed to warn clients to be "extra careful" sharing sensitive data "with ChatGPT or through OpenAI's API for now," warning, "your outputs could eventually be read by others, even if you opted out of training data sharing or used 'temporary chat'!"
The Courts

Reddit Sues AI Startup Anthropic For Breach of Contract, 'Unfair Competition' (cnbc.com) 44

Reddit is suing AI startup Anthropic for what it's calling a breach of contract and for engaging in "unlawful and unfair business acts" by using the social media company's platform and data without authority. From a report: The lawsuit, filed in San Francisco on Wednesday, claims that Anthropic has been training its models on the personal data of Reddit users without obtaining their consent. Reddit alleges that it has been harmed by the unauthorized commercial use of its content.

The company opened the complaint by calling Anthropic a "late-blooming" AI company that "bills itself as the white knight of the AI industry." Reddit follows by saying, "It is anything but."

AI

ChatGPT Adds Enterprise Cloud Integrations For Dropbox, Box, OneDrive, Google Drive, Meeting Transcription 17

OpenAI is expanding ChatGPT's enterprise capabilities with new integrations that connect the chatbot directly to business cloud services and productivity tools. The Microsoft-backed startup announced connectors for Dropbox, Box, SharePoint, OneDrive and Google Drive that allow ChatGPT to search across users' organizational documents and files to answer questions, such as helping analysts build investment theses from company slide decks.

The update includes meeting recording and transcription features that generate timestamped notes and suggest action items, competing directly with similar offerings from ClickUp, Zoom, and Notion. OpenAI also introduced beta connectors for HubSpot, Linear, and select Microsoft and Google tools for deep research reports, plus Model Context Protocol support for Pro, Team, and Enterprise users.
Programming

AI Startups Revolutionize Coding Industry, Leading To Sky-High Valuations 39

Code generation startups are attracting extraordinary investor interest two years after ChatGPT's launch, with companies like Cursor raising $900 million at a $10 billion valuation despite operating with negative gross margins. OpenAI is reportedly in talks to acquire Windsurf, maker of the Codeium coding tool, for $3 billion, while the startup generates $50 million in annualized revenue from a product launched just seven months ago.

These "vibe coding" platforms allow users to write software using plain English commands, attempting to fundamentally change how code gets written. Cursor went from zero to $100 million in recurring revenue in under two years with just 60 employees, though both major startups spend more money than they generate, Reuters reports, citing investor sources familiar with their operations.

The surge comes as major technology giants report significant portions of their code now being AI-generated -- Google claims over 30% while Microsoft reports 20-30%. Meanwhile, entry-level programming positions have declined 24% as companies increasingly rely on AI tools to handle basic coding tasks previously assigned to junior developers.
Biotech

23andMe Founder Aims To Restart Auction With Major Corporate Backing (reuters.com) 14

Anne Wojcicki has asked a U.S. judge to reopen the auction for 23andMe, claiming she has backing from a $400+ billion Fortune 500 company. Reuters reports: South San Francisco, California-based 23andMe filed for bankruptcy in March, seeking to sell its business at auction after a decline in consumer demand and a 2023 data breach that exposed sensitive genetic and personal information of millions of customers. Last month, Regeneron Pharmaceuticals agreed to buy the firm for $256 million, topping a $146 million bid from Wojcicki and TTAM Research Institute, which was founded by Wojcicki and describes itself as a California non-profit public benefit corporation.

In a filing dated May 31, Wojcicki claimed that 23andMe's debtors had attempted to tilt the sales process away from TTAM and in favor of Regeneron. TTAM and Wojcicki said in the filing that 23andMe's financial and legal advisers unfairly capped their maximum bid at $250 million due to misplaced concerns about TTAM's "financial wherewithal." The plaintiffs said the auction was prematurely concluded before they had the opportunity to submit a bid that would have exceeded $280 million.

The company's debtors said the auction results came after an extensive and careful consideration by a four-member special committee of independent directors, according to the filing. According to another filing, 23andMe is seeking court approval to let Wojcicki and Regeneron submit final proposals by June 12. 23andMe is also seeking a $10 million breakup fee for Regeneron if Wojcicki's bid is ultimately accepted.

Transportation

The Last 5-Speed Manual In the US Is Gone (thedrive.com) 185

According to Automotive News (paywalled), the $17,190 base-model Nissan Versa S -- the last U.S.-market production car with a five-speed manual -- is ending production. A Nissan spokesperson told Auto News that the company is "trimming the fat" to focus on models with the strongest business performance -- and the manual Versa S didn't make the cut. The Drive reports: Looks like Nissan is trying to create as much savings as possible to handle the 25% tariff on cars imported from Mexico. [...] When you go to Nissan's site and check out the Versa, the first thing you see under its name is "Get the Nissan you want free from new tariffs." So if Nissan is going to eat the additional tariff cost for customers, it can't be manufacturing cars that won't sell well. And manuals reportedly only accounted for 5% of Versa sales in 2024.

As the manual Versa dies, it brings the five-speed manual transmission down with it. What was once a common drivetrain configuration is now a memory -- when the last stick-shift Versa leaves a Nissan lot, there won't be any new five-speed manual vehicles for sale in the United States. Only six-speed and a few seven-speed manuals will remain. [...] Killing the manual Versa won't be a big sales hit, since barely any customers wanted it, but it will end Nissan's ability to market a sub-$18,000 car.

Cloud

AWS Forms EU-Based Cloud Unit As Customers Fret (theregister.com) 31

An anonymous reader quotes a report from The Register: In a nod to European customers' growing mistrust of American hyperscalers, Amazon Web Services says it is establishing a new organization in the region "backed by strong technical controls, sovereign assurances, and legal protections." Ever since the Trump 2.0 administration assumed office and implemented an erratic and unprecedented foreign policy stance, including aggressive tariffs and threats to the national sovereignty of Greenland and Canada, customers in Europe have voiced unease about placing their data in the hands of big U.S. tech companies. The Register understands that data sovereignty is now one of the primary questions that customers at European businesses ask sales reps at hyperscalers when they have conversations about new services.

[...] AWS is forming a new European organization with a locally controlled parent company and three subsidiaries incorporated in Germany, as part of its European Sovereign Cloud (ESC) rollout, set to launch by the end of 2025. Kathrin Renz, an AWS Industries VP based in Munich, will lead the operation as the first managing director of the AWS ESC. The other leaders, we're told, include a government security official and a privacy official – all EU citizens. The cloud giant stated: "AWS will establish an independent advisory board for the AWS European Sovereign Cloud, legally obligated to act in the best interest of the AWS European Sovereign Cloud. Reinforcing the sovereign control of the AWS European Sovereign Cloud, the advisory board will consist of four members, all EU citizens residing in the EU, including at least one independent board member who is not affiliated with Amazon. The advisory board will act as a source of expertise and provide accountability for AWS European Sovereign Cloud operations, including strong security and access controls and the ability to operate independently in the event of disruption."

The AWS ESC allows the business to continue operations indefinitely, "even in the event of a connectivity interruption between the AWS European Sovereign Cloud and the rest of the world." Authorized ESC staff who are EU residents will have independent access to a replica of the source code needed to maintain services under "extreme circumstances." The services will have "no critical dependencies on non-EU infrastructure," with staff, tech, and leadership all based on the continent, AWS said. "The AWS European Sovereign Cloud will have its own dedicated Amazon Route 53, providing customers with a highly available and scalable Domain Name System (DNS), domain name registration, and health-checking web services," the company said.
"The Route 53 name servers for the AWS European Sovereign Cloud will use only European Top Level Domains (TLDs) for their own names," added AWS. "AWS will also launch a dedicated 'root' European Certificate Authority, so that the key material, certificates, and identity verification needed for Secure Sockets Layer/Transport Layer Security certificates can all run autonomously within the AWS European Sovereign Cloud."

The Register also notes that the sovereign cloud will be "supported by a dedicated European Security Operations Center (SOC), led by an EU citizen residing in the EU." That said, the parent company "remains under American ownership and may be subject to the Cloud Act, which requires U.S. companies to turn over data to law enforcement authorities with the proper warrants, no matter where that data is stored."
Businesses

The Quietly Booming Business of Making Animals Live Forever (theatlantic.com) 72

Animal cloning has evolved from experimental science into a thriving commercial industry producing thousands of genetic copies across nearly 60 species, despite sustained public opposition to the technology. ViaGen Pets & Equine, the world's leading producer of cloned cats, dogs and horses, charges $50,000 to clone a pet and $85,000 for a horse, with customers joining waiting lists for the service.

The technology has found applications ranging from preserving exceptional beef cattle genetics to creating armies of polo horses. Top polo player Adolfo Cambiaso owns more than 100 clones of his best mare and once fielded an entire team riding copies of the same horse. West Texas A&M professor Ty Lawrence successfully cloned superior beef cattle from meat samples, with ranchers subsequently purchasing thousands of straws of semen from his cloned bulls. A 2023 Gallup survey found 61% of Americans still consider animal cloning "morally wrong," nearly unchanged since Dolly the sheep's 1996 debut, yet the industry continues expanding globally.
Businesses

VMware Drops the Lowest Tier of Its Partner Program, Except In Europe (theregister.com) 33

An anonymous reader quotes a report from The Register: Broadcom's VMware business unit has dropped the lowest tier of its channel program, a move one analyst told The Register will benefit its rivals. The virtualization pioneer currently operates a four-tier channel program spanning Pinnacle, Premier, Select, and Registered partners. On Sunday the business unit announced the retirement of the Registered tier. A blog post written by Brian Moats, Broadcom's Senior Vice President for Global Commercial Sales and Partners, states VMware made the decision because "the vast majority of customer impact and business momentum comes from partners operating within the top three tiers."

Laura Falko, Broadcom's Head of Global Partner Programs, Marketing & Experience, told The Register "The vast majority of these [Registered] partners are inactive and lack the capabilities to support customers through VMware's evolving private cloud journey. That's why the Registered tier is being retired to ensure every active partner meets a higher standard of technical, sales, and service readiness." Falko told us VMware will give Registered partners 60 days' notice before deauthorization and then "work proactively with affected customers to transition them to qualified partners in the new ecosystem, ensuring continuity and support throughout the change."

VMware has also introduced new requirements for partners in its remaining tiers. The virtualization giant will require Pinnacle and Premier partners to maintain dedicated sales and technical resources, and to "execute joint business plans with VMware to ensure alignment and delivery with mutual results." The Broadcom business unit is also "beginning the process of transitioning partners who no longer meet the minimum program requirements or have not demonstrated consistent engagement," suggesting even Pinnacle, Premier, and Select partners are not safe. The Register asked VMware to define "consistent engagement" and Falko told us it includes "regular deal activity," ongoing participation in joint sales activities, staying up to date with training, and "sustained, proactive commitment to a partner's VMware customer base."
The changes will only apply in its Americas, and Asia-Pacific and Japan regions. Broadcom didn't explain why Europe was excluded.

The Register notes that trade associations in Europe have criticized Broadcom's changes at VMware and urged the European Commission to investigate the company.
Medicine

Younger Generations Less Likely To Have Dementia, Study Suggests 78

An anonymous reader quotes a report from The Guardian: People born more recently are less likely to have dementia at any given age than earlier generations, research suggests, with the trend more pronounced in women. According to the World Health Organization, in 2021 there were 57 million people worldwide living with dementia, with women disproportionately affected. However, while the risk of dementia increases with age, experts have long stressed it is not not an inevitability of getting older. "Younger generations are less likely to develop dementia at the same age as their parents or grandparents, and that's a hopeful sign," said Dr Sabrina Lenzen, a co-author of the study from the University of Queensland's Centre for the Business and Economics of Health. But she added: "The overall burden of dementia will still grow as populations age, and significant inequalities remain -- especially by gender, education and geography."

Writing in the journal Jama Network Open, researchers in Australia report how they analyzed data from 62,437 people aged 70 and over, collected from three long-running surveys covering the US, England and parts of Europe. The team used an algorithm that took into account participants' responses to a host of different metrics, from the difficulties they had with everyday activities to their scores on cognitive tests, to determine whether they were likely to have dementia. They then split the participants into eight different cohorts, representing different generations. Participants were also split into six age groups. As expected, the researchers found the prevalence of dementia increased by age among all birth cohorts, and in each of the three regions: UK, US and Europe. However, at a given age, people in more recent generations were less likely to have dementia compared with those in earlier generations.

"For example, in the US, among people aged 81 to 85, 25.1% of those born between 1890-1913 had dementia, compared to 15.5% of those born between 1939-1943," said Lenzen, adding similar trends were seen in Europe and England, although less pronounced in the latter. The team said the trend was more pronounced in women, especially in Europe and England, noting that one reason may be increased access to education for women in the mid-20th century. However, taking into account changes in GDP, a metric that reflects broader economic shifts, did not substantially alter the findings.
A number of factors could be contributing to the decline. "This is likely due to interventions such as compulsory education, smoking bans, and improvements in medical treatments for conditions such as heart disease, diabetes, and hearing loss, which are associated with dementia risk," said Prof Tara Spires-Jones, the director of the Centre for Discovery Brain Sciences at the University of Edinburgh.
Security

Coinbase Breach Linked To Customer Data Leak In India (reuters.com) 10

Coinbase reportedly knew as early as January about a customer data breach linked to its outsourcing partner TaskUs, where an employee in India was caught leaking customer information in exchange for bribes. "At least one part of the breach [...] occurred when an India-based employee of the U.S. outsourcing firm TaskUs was caught taking photographs of her work computer with her personal phone," reports Reuters, citing five former TaskUs employees. Though Coinbase disclosed the incident in May after receiving an extortion demand, the newly revealed timeline raises questions about how long the company was aware of the breach, which could cost up to $400 million. Reuters reports: Coinbase said in the May SEC filing that it knew contractors accessed employee data "without business need" in "previous months." Only when it received an extortion demand on May 11 did it realize that the access was part of a wider campaign, the company said. In a statement to Reuters on Wednesday, Coinbase said the incident was recently discovered and that it had "cut ties with the TaskUs personnel involved and other overseas agents, and tightened controls." Coinbase did not disclose who the other foreign agents were.

TaskUs said in a statement that two employees had been fired early this year after they illegally accessed information from a client, which it did not identify. "We immediately reported this activity to the client," the statement said. "We believe these two individuals were recruited by a much broader, coordinated criminal campaign against this client that also impacted a number of other providers servicing this client." The person familiar with the matter confirmed that Coinbase was the client and that the incident took place in January.

AI

Business Insider Recommended Nonexistent Books To Staff As It Leans Into AI (semafor.com) 23

An anonymous reader shares a report: Business Insider announced this week that it wants staff to better incorporate AI into its journalism. But less than a year ago, the company had to quietly apologize to some staff for accidentally recommending that they read books that did not appear to exist but instead may have been generated by AI.

In an email to staff last May, a senior editor at Business Insider sent around a list of what she called "Beacon Books," a list of memoirs and other acclaimed business nonfiction books, with the idea of ensuring staff understood some of the fundamental figures and writing powering good business journalism.

Many of the recommendations were well-known recent business, media, and tech nonfiction titles such as Too Big To Fail by Andrew Ross Sorkin, DisneyWar by James Stewart, and Super Pumped by Mike Isaac. But a few were unfamiliar to staff. Simply Target: A CEO's Lessons in a Turbulent Time and Transforming an Iconic Brand by former Target CEO Gregg Steinhafel was nowhere to be found. Neither was Jensen Huang: the Founder of Nvidia, which was supposedly published by the company Charles River Editors in 2019.

Businesses

Going To an Office and Pretending To Work: A Business That's Booming in China (elpais.com) 88

A new business model has emerged across China's major cities, El Pais reports, where companies charge unemployed individuals to rent desk space and pretend to work, responding to social pressure around joblessness amid rising youth unemployment rates. These services charge between 30 and 50 yuan ($4-7) daily for desks, Wi-Fi, coffee, and lunch in spaces designed to mimic traditional work environments.

Some operations assign fictitious tasks and organize supervisory rounds to enhance the illusion, while premium services allow clients to roleplay as managers or stage workplace conflicts for additional fees. The trend has gained significant traction on Xiaohongshu, China's equivalent to Instagram, where advertisements for "pretend-to-work companies" accumulate millions of views. Youth unemployment reached 16.5% among 16-to-24-year-olds in March 2025, according to National Bureau of Statistics data, while overall urban unemployment stood at 5.3% in the first quarter.

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