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By Louis Jacobson│PolitiFactPublished On 6 May 20256 May 2025United States President Donald Trump’s broad array of tariffs on foreign goods has spooked consumers, businesses and the stock market. But what will the specific impact be for typical American consumers? US Senate Minority Leader Chuck Schumer offered a figure on April 27 on CNN’s State of the Union. The Democrat from New York said, as a candidate, Trump never fully explained to voters that tariffs would raise their costs. “It’s estimated it’ll raise the American costs … American families would have to pay about $4,000 more a year,” he said. Calculating how typical households…

LONDON (AP) — Skype is dead. What now? Microsoft’s shutdown of Skype on May 5 sent millions of users scrambling to find an alternative to the pioneering internet phone service. Skype, which Microsoft bought in 2011, was beloved by a dwindling group of users who appreciated how it let them make cheap long-distance calls as well as communicate with other users through chat messages, voice or video calls.Some liked its simplicity and ease of use — an advantage, for example, when setting up a communications app for an elderly parent living far away. Or they just used it out of…

The autonomous navigation market — where ships, guided by AI, steer themselves, resulting in fuel and time savings — is projected to sail past $11 billion by 2028. As a result, companies in this space are pushing on an open door. The latest is Orca AI, which closed a Series B funding round of $72.5 million led by Brighton Park Capital. Existing investors Ankona Capital and Hyperlink Ventures also participated. The London-based company has now raised over $111 million, including a $23 million funding round last year. So what drove the new round? In a word: defense.  Founded in 2018 by CEO Yarden Gross and…

Brite Payments, a Sweden-based FinTech specialising in instant bank payments, has announced a new partnership with OXID eSales, a leading German provider of scalable e-commerce shop solutions.The collaboration aims to deliver seamless and secure payment experiences by integrating Brite Instant Payments and Brite Instant Payouts into OXID’s shop system via a simple plugin, according to FF News.This will enable merchants to provide fast, reliable payment options and streamline the often-complex refund process in e-commerce.The partnership is designed to address rising demand for frictionless checkout experiences and to support merchants looking to optimise conversion rates.By enabling Pay by Bank capabilities, the…

Monmouthshire Building Society, a UK-based mutual organisation focused on providing mortgages and savings products, has partnered with MQube, a mortgage technology provider specialising in artificial intelligence-driven platforms.The partnership aims to streamline and accelerate the mortgage application and approval process. Monmouthshire Building Society is adopting MQube’s proprietary platform “Origo” to enhance speed, improve efficiency, and offer a better experience for borrowers and brokers alike.Monmouthshire Building Society, which has been serving members across Wales and the South West of England, is on a mission to modernise its services while staying true to its mutual ethos. By embracing digital transformation, the Society aims…

Jove, a UK-based InsurTech company, has partnered with global insurance leader Chubb to launch its first fully digital insurance programme, specifically designed to serve technology contractors and businesses across the UK.As freelance and contract work becomes more common, traditional insurance often falls short. Jove’s solution offers targeted protection for tech professionals, ensuring they only pay for what they need.Built as a next-gen InsurTech, Jove blends digital innovation with insurance expertise to simplify coverage for modern businesses. Its partnership with Chubb supports this mission, delivering smarter, more accessible insurance options.The offering includes professional indemnity, employer’s liability, and public liability insurance. Key…

Google on Monday started rolling out a fresh security update for Android phones, with fixes for roughly 50 vulnerabilities, including a bug exploited in the wild. Resolved as part of the update’s first part, which arrives on devices as the 2025-05-01 security patch level, the exploited flaw is tracked as CVE-2025-27363 (CVSS score of 8.1) and impacts the FreeType software development library. The issue is described as an out-of-bounds write in the open source rendering engine’s versions up to and including 2.13.0 that could lead to arbitrary code execution. “There are indications that CVE-2025-27363 may be under limited, targeted exploitation,”…

Duna, an Amsterdam-based FinTech company, has secured €10.7m in seed funding to accelerate its mission of transforming how businesses manage identity compliance.The round was led by Index Ventures, with participation from a mix of prominent Silicon Valley and European investors.These included tech angels such as Adyen co-founder Pieter van der Does and former Stripe executive Claire Hughes Johnson. Puzzle Ventures’ Gloria Bauerlein also backed the round.The fresh capital will help Duna evolve its platform into a shareable business identity network, aiming to make identification between enterprises as easy as a couple of clicks. The company said its technology has already…

United States President Donald Trump has threatened to impose a 100 percent tariff on foreign films, calling them a “National Security threat” in a social media post on Sunday. With details sparse, Trump’s threat has left many questions lingering. We unpack what his threat, if enforced, could mean; which film industries might take a hit; how his tariff targets might retaliate and how this would affect ticket prices. What did Trump announce? “The Movie Industry in America is DYING a very fast death,” Trump wrote in a post on his Truth Social platform. He added that other countries are offering…

Mother’s Day is coming, and the flower and candy ads are everywhere. There’s nothing wrong with either, of course, but both are fleeting.Instead of gifting your mom a bouquet of roses this year, why not give her a plant that will provide blossoms — and joy — for years to come?And if you really want to be her favorite, offer to plant it for her, too (a box of that fleeting candy wouldn’t hurt, either.)Here are eight newly developed rose varieties introduced to the market for the first time this spring, and the brands that grow them for our gardens:Loves…