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NPCI to charge 0.4% merchant fee on UPI transactions above ₹2,000 from October 15

India's National Payments Corporation announced that starting October 15, merchants will pay a 0.4% fee on UPI transactions exceeding ₹2,000, capped at ₹300 for payments of ₹75,000 or more. Consumers will still use UPI for free, and small merchants earning up to ₹100,000 monthly through UPI, along with transactions of ₹2,000 or less, are exempt. Certain sectors like railways, telecom, insurance and fuel will instead pay a flat ₹5 fee on larger transactions.

News Publishers Push OpenAI Licensing Fees as Copyright Suits Advance

Copyright lawsuits by The New York Times, Ziff Davis and other publishers against OpenAI are moving into a new legal phase after discovery concluded, with both sides asking a federal court to rule on whether OpenAI's use of published material qualifies as fair use. Ziff Davis CEO Vivek Shah publicly criticized a Trump administration filing arguing licensing requirements would burden AI firms, contrasting the U.S. music industry's roughly $20 billion in annual royalties with OpenAI's projected $750 billion computing spend through 2030.

Google rolls out lock-screen IMEI display via Play Services update

Google is rolling out a Play Services update that lets a phone's IMEI number appear in emergency info accessible from the lock screen, without unlocking the device. The feature targets devices running Android 12 or newer and is meant to help identify a phone's owner if it's lost or found. Users can disable it through Settings under Security & Privacy, Lost Device Protection, and Theft Protection.

Foundation Lands $24M Pentagon Deal to Develop Armed Humanoid Robots

San Francisco startup Foundation, backed by Eric Trump, has signed a $24 million contract with the Pentagon to advance its Phantom MK1 humanoid robot for military use. CEO Sankaet Pathak says the machines aren't yet capable of combat but envisions a future where they could enter buildings to complete missions instead of airstrikes, and hasn't ruled out arming them. The company has already deployed about ten robots, including with the Air Force and in logistics support roles in Ukraine.

Mixue's bargain ice-cream chain surpasses McDonald's in global store count

Mixue, the Chinese soft-serve and tea chain founded by brothers Zhang Hongchao and Zhang Hongfu, now operates more than 47,000 stores worldwide, more than McDonald's, per the Wall Street Journal. The company built its footprint by targeting smaller Chinese cities and towns with cheap products, such as 45-cent cones, rather than competing in major urban markets. Mixue recently went public in Hong Kong and is valued around $10 billion.

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