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Some Workers Are Turning To Pay-Advance Apps for Basic Expenses

2 months 3 weeks ago
An anonymous reader shares a report: Pay-advance apps are marketed as a way to help workers living paycheck to paycheck pay for unexpected expenses, but workers are often using the apps to manage basic expenses like groceries, rent and other needs, a new report found. The tools, consumer advocates say, can carry costs akin to those of traditional payday loans. An analysis of anonymous data found worrisome behavior among users of the apps, including quick increases in the number of advances, advances from multiple apps at the same time and more frequent bank overdraft fees. "These findings reveal persistent patterns of financial strain that raise serious concerns about the long-term effects of these loans," said the report from the Center for Responsible Lending, a nonprofit consumer advocacy group. The group analyzed data from SaverLife, a nonprofit that promotes saving and sound financial practices among people with low or moderate incomes. The analysis found that heavy users of the apps paid $421, on average, in total loan and overdraft fees over a year, or almost triple the average paid by moderate users.

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OpenAI tells developers ChatGPT is ready to be their gatekeeper

2 months 3 weeks ago
Integrate your apps via their Apps SDK and maybe they'll send you some business

OpenAI on Monday pitched its coding tools to software developers in the hope of generating the usage and revenue necessary to recoup the vast sums it spends to create and run its AI services.…

Thomas Claburn

Ubuntu Linux 26.04 LTS Officially Named Resolute Raccoon

2 months 3 weeks ago
BrianFagioli writes: Canonical has revealed the codename for Ubuntu 26.04 LTS: Resolute Raccoon. The announcement came today on X through the official @ubuntu account, continuing the tradition of pairing an adjective with an animal for each release. As an LTS version, it will be supported for five years and serve as the foundation for servers, desktops, and cloud deployments when it launches in April 2026. While the name itself is now public, the features of Ubuntu 26.04 remain under wraps. The community will be watching closely to see which kernel it ships with, how GNOME evolves, and what improvements land for enterprise and container use. For now, fans simply have a raccoon mascot to rally around as the countdown to April begins.

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Microsoft Assures Gamers It's Not Abandoning Xbox Hardware

2 months 3 weeks ago
Microsoft said in a statement Monday it remains committed to developing first-party Xbox consoles. The reassurance came after rumors circulated suggesting the gaming division might abandon hardware manufacturing. The speculation gained traction following a 50% price increase for Xbox Game Pass Ultimate and retailers including Costco removing Xbox products from their shelves. Microsoft said it is "actively investing in our future first-party consoles and devices designed, engineered and built by Xbox." The company's multi-year partnership with AMD for next-generation hardware also continues. Devices in development include the Xbox Ally range under codenames Omni and Horseman, according to Windows Central. Xbox Series X and Series S production has also not stopped, the report added.

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ChatGPT Now Has 800 Million Weekly Active Users

2 months 3 weeks ago
An anonymous reader shares a report: OpenAI CEO Sam Altman said Monday that ChatGPT has reached 800 million weekly active users, marking an increase of adoption among consumers, developers, enterprises, and governments. ChatGPT's impressive growth comes as OpenAI is on a race to secure as many AI chips and build as much AI infrastructure as possible. In August, OpenAI said it was on the cusp of reaching 700 million weekly active users, already an increase from 500 million weekly active users at the end of March. "Today, 4 million developers have built with OpenAI," Altman said. "More than 800 people use ChatGPT every week, and we process over 6 billion tokens per minute on the API. Thanks to all of you, AI has gone from something people build play with to something people build with every day." Altman made the announcement during the keynote presentation for OpenAI's Dev Day, which also included announcement for new tools for building apps inside of ChatGPT, as well as constructing more complex agentic systems. "This will enable a new generation of apps that are interactive, adaptive, and personalized, that you can chat with," Altman said.

Read more of this story at Slashdot.

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