These AR glasses answer a big question about Apple Vision Pro | Digital Trends

The way corrective lenses will work on Apple’s Vision Pro headset is still a bit of a mystery, but we now have a better idea of what it may look like.

Taking a look at TCL’s NXTWEAR S smart glasses and its solution for spectacle wearers has given us some insight into the complications, the time frame, and the all-important cost of Apple’s future system, as well as how long we should expect the new lenses to last.

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Texas says state-funded EV chargers must include Tesla plugs | TechCrunch

Texas will require electric vehicle charging companies to include Tesla’s North American Charging Standard (NACS) and the Combined Charging System (CCS) standard in order to qualify for a state program to electrify highways through federal funds, Reuters reports.

“The decision by Ford, GM, and now Rivian to adopt NACS changed requirements for Phase 1. Each Direct Current Fast Charge port will be required to have 1 CCS connector and 1 NACS connector,” the Texas Department of Transportation said in an email to Reuters on Tuesday.

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What the potential UPS strike could mean for your packages | CNN Business

A UPS strike by 185,000 workers 25 years ago brought the logistics giant’s operations to a standstill. The 15-day strike slashed package deliveries, overwhelmed the US Postal Service and FedEx, and hurt businesses across the United States.

Now, more than 340,000 UPS workers represented by the Teamsters union are threatening to strike over pay, hours and working conditions if there is no agreement in contract talks between the company and the union. If a strike takes place, it would be the largest single-employer strike in US history.

The work stoppage would also kick off as shoppers head into the back-to-school season and retailers prepare for the peak holiday stretch later in the year.

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Bull market or fool’s market? Investors say the latter | CNN Business

The stock market has made incredible strides since its downturn last year – so much so, it’s difficult to believe the economy could be on the verge of recession.

At the market’s close on June 16, 2022, the S&P 500 index was at about 3,666.77, beaten down by persistent inflation, the Federal Reserve’s interest rate hikes and geopolitical tensions.

The broad-based index is at 4,409.59 as of the close on June 16, 2023 – marking a roughly 20% gain from a year earlier despite collapses of regional banks, an only narrowly avoided debt default and the Fed’s continued battle against inflation.

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An online gambling site is taking bets on the future of Reddit | Fast Company

With more than 8,400 subreddits going dark to protest Reddit’s decision to start charging some third-party apps for access to the company’s application programming interface (API), the “front page of the internet” is looking pretty threadbare this week.

That may improve, in some cases, late Tuesday and early Wednesday as the 48-hour protest draws to a close, but many popular subreddits—including r/music, with over 30 million subscribers—say they will stop operating “indefinitely” until the situation is resolved, noting that their moderators are unable to do their work with the tools on Reddit’s official app.

So now, an online gambling site is laying odds and taking wagers about what happens next. And according to the oddsmakers, at least, it doesn’t look good for Reddit.

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How Phoenix’s water crisis could slash development | Fast Company

Phoenix is facing not one but two water crises. Around a third of the desert city’s water comes from the beleaguered Colorado River. Thanks to a decades-long mega-drought fueled by climate change, the city stands to lose much of that supply in coming years as the river dries up and the state faces water cuts.

Another third of the metro’s water comes from underground aquifers—and that water is running out too. Earlier this month, Arizona’s water department published a new report assessing how much water remains in the aquifers below Phoenix. The data was alarming: The state found that it has allocated more groundwater to cities and farms over the next 100 years than is actually present in the aquifers. If the Phoenix area keeps pumping water at its current rate, those aquifers will tap out over the next century, according to the department. The total shortfall amounts to almost 5 million acre-feet, or around 1.6 trillion gallons, that were permitted for use over the next 100 years but may not exist at all.

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Ukraine dam: Thousands flee floods after dam collapse near Nova Kakhovka| BBC News

Thousands of people are being evacuated downstream of a major dam which has collapsed in Russian-held Ukraine.

President Volodymyr Zelensky said 80 towns and villages may be flooded after the destruction of the dam at Nova Kakhovka, which he blamed on Russia.

Water is surging down the Dnipro river, and is said to pose a catastrophic flooding risk to the city of Kherson.

Russia has denied destroying the dam – which it controls – instead blaming Ukrainian shelling.

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Microsoft to pay $20m for child privacy violations | BBC News

Microsoft will pay $20m (£16m) to US federal regulators after it was found to have illegally collected data on children who had started Xbox accounts.

The Federal Trade Commission (FTC) reached a settlement with the company on Monday, which also includes increased protections for child gamers.

Among other violations, the FTC found that Microsoft failed to inform parents about its data collection policies.

It follows a similar action against Amazon last week over its Echo devices.

The FTC said Microsoft violated the Children’s Online Privacy Protection Act by not properly getting parental consent and by retaining personal data on children under 13 for longer than necessary for accounts created before 2021.

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Oklahoma approves first US taxpayer-funded religious charter school | BBC News

An Oklahoma school board has approved what will be the first publicly funded religious charter school in the US.

The Oklahoma State Virtual Charter School Board approved the Catholic charter school by 3-2 in a vote on Monday.

The charter school would be run by the Catholic Archdiocese of Oklahoma City and the Diocese of Tulsa.

The state attorney general called the approval “unconstitutional” and warned it could lead to costly legal action.

A charter school is funded by taxpayers but independently managed. Charter schools are a small fraction of the US school system.

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The S&P 500 broke out above a key level. Now what? | CNN Business

The S&P 500 index on Friday closed at its highest level in almost a year. But that doesn’t mean that stocks are poised for a bull run just yet.

The broad-based index on May 26 closed above the 4,200 level for the first time since August 2022, when the market began to sell off and fell sharply to last year’s low of about 3,577 in October.

The S&P 500 ended last week up 1.8% at about 4,282, marking its best weekly gain since late March.

So, what caused the broad-based index to finally breach its level of resistance? The gains were powered by three key updates that investors cheered:

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