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China's Growth Is Coming at the Rest of the World's Expense

Slashdot.org - Mon, 12/08/2025 - 15:30
China has contributed less to global growth this year than the U.S. despite Beijing's frequent criticism of protectionism, according to a Wall Street Journal analysis citing new research from Goldman Sachs economists. U.S. imports are up 10% so far this year compared to a year earlier, while China's imports have fallen 3% in dollar terms. Goldman's economists found that the historical relationship between Chinese growth and global growth has turned negative; where 1% more Chinese output once raised world output by 0.2%, the bank now projects. China will grow about 0.6 percentage points faster annually over the next few years while reducing the rest of the world's growth by 0.1 point per year. China's current account surplus could reach 1% of world GDP by 2029, Goldman estimates, larger than any country's since the late 1940s. China now accounts for 17% of global GDP.

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Denmark Posts Its Last Letters as Hallowed National Mail Ends

Slashdot.org - Mon, 12/08/2025 - 14:50
Denmark's postal service, established by King Christian IV four centuries ago as one of Europe's first modern mail systems, will stop delivering letters on December 30, ending a tradition that once saw riders given a maximum of 45 minutes to cover each 10-kilometer stretch of routes running from Hamburg to Norway. PostNord, the postal service Denmark has shared with Sweden since 2009, started removing its 1,500 remaining red post boxes in June; a handful will go to museums. Letter volumes collapsed from nearly 1.5 billion in 2000 to 110 million last year. A standard stamp now costs 29 Danish kroner ($4.52). A private logistics firm called DAO will take over letter delivery. PostNord will continue handling parcels. The decision has rattled postal services elsewhere in Europe. Deutsche Post in Germany, still delivering 61 million letters daily, has warned it faces the same trends.

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How the Dollar-Store Industry Overcharges Cash-Strapped Customers While Promising Low Prices

Slashdot.org - Mon, 12/08/2025 - 14:15
Dollar General and Family Dollar stores have collectively failed more than 6,400 government price-accuracy inspections since January 2022, charging customers more at checkout than the prices displayed on shelves for everything from frozen pizzas to puppy food, according to an investigation by the Guardian. The review examined records from 45 states and more than 140 counties and cities. Dollar General stores failed over 4,300 inspections across 23 states, and Family Dollar failed more than 2,100 in 20 states. Error rates at the worst-performing locations reached staggering levels -- 76% at a Dollar General in Hamilton, Ohio and 68% at a Family Dollar in Bound Brook, New Jersey. A Family Dollar in Provo, Utah failed 28 consecutive inspections. Industry watchers, employees and lawsuits attribute the discrepancies to minimal staffing. Registers update automatically when prices change, but shelf labels require manual replacement, and workers often lack the time. State attorneys general have pursued settlements -- Arizona reached a $600,000 deal with Family Dollar in May, Colorado settled with Dollar General for $400,000 in October and Ohio secured $1 million from Dollar General after finding error rates as high as 88%. Both companies declined interview requests but said they remain committed to pricing accuracy.

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Create presentations with Nano Banana Pro in Mixboard and moreCreate presentations with Nano Banana Pro in Mixboard and moreDirector, Product Management

GoogleBlog - Mon, 12/08/2025 - 14:00
Learn more about recent updates to Google Labs’ Mixboard, like presentations, doodling and Nano Banana Pro.Learn more about recent updates to Google Labs’ Mixboard, like presentations, doodling and Nano Banana Pro.
Categories: Technology

Google Says First AI Glasses With Gemini Will Arrive in 2026

Slashdot.org - Mon, 12/08/2025 - 13:42
Google said it's working to create two different categories of artificial intelligence-powered smart glasses to compete next year with existing models from Meta Platforms: one with screens, and another that's audio focused. From a report: The first AI glasses that Google is collaborating on will arrive sometime in 2026, it said in a blog post Monday. Samsung Electronics, Warby Parker and Gentle Monster are among its early hardware partners, but the companies have yet to show any final designs. Google also outlined several software improvements coming to Samsung's Galaxy XR headset, including a travel mode that will allow the mixed-reality device to be used in cars and on planes.

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How we’re supporting the next generation of innovatorsHow we’re supporting the next generation of innovatorsVP and Global Head of Google.orgSenior Director

GoogleBlog - Mon, 12/08/2025 - 13:00
An overview of Google’s latest funding announcement for computer science education and the newest AI Quest.An overview of Google’s latest funding announcement for computer science education and the newest AI Quest.
Categories: Technology

Discover new outfits, try them on and shop from Doppl's new discovery feed.Discover new outfits, try them on and shop from Doppl's new discovery feed.

GoogleBlog - Mon, 12/08/2025 - 13:00
We’re introducing a new, shoppable fashion discovery feed in Doppl, an experimental AI app from Google Labs that helps you explore your style and see how new outfits mig…
Categories: Technology

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