Apple ‘Pay Later’ Discontinued As New BNPL Scheme Shifts Consumer Debt Risk To Affirm | ZeroHedge

Apple has ended 'Apple Pay Later,' the buy now, pay later (BNPL) service launched in the US early last year. The change went into effect today, according to 9to5Mac. Users with outstanding BNPL debt can still manage payments in the app. This comes ahead of Apple's new BNPL service with Affirm, which is expected to launch later this year. 

"Apple Pay Later is no longer offering new loans. Existing Apple Pay Later loans and purchases are not affected,"  (more…)

Continue ReadingApple ‘Pay Later’ Discontinued As New BNPL Scheme Shifts Consumer Debt Risk To Affirm | ZeroHedge

Vietnam Hit By Widespread Internet Disruption After Undersea Cables Fail  | ZeroHedge

Vietnam News Agency reports three of Vietnam's five international undersea internet cables are down to start the week, sparking major internet outages. This is the country's second major outage in just over a year. 

Vietnam is primarily connected to the world through five submarine fiber optic cables: APG, IA, AAE-1, Asia-America Gateway (AAG), and Southeast Asia-Middle East-Western Europe (SMW-3). 

VNA said internet service providers nationwide have (more…)

Continue ReadingVietnam Hit By Widespread Internet Disruption After Undersea Cables Fail  | ZeroHedge

Tesla Begins Testing Full Self-Driving On Chinese Roadways Ahead Of Rollout  | ZeroHedge

Beijing recently 'greenlighted' Tesla the ability to roll out its driver-assistance system, known as "Full Self-Driving," or FSD. A new report suggests Tesla is testing vehicles equipped with FSD on city streets and highways in the world's largest car market. 

Reuters cited a report from the government-backed Shanghai Observer that said ten Tesla vehicles with FSD are being tested ahead of what could be a much larger planned rollout later this year.  (more…)

Continue ReadingTesla Begins Testing Full Self-Driving On Chinese Roadways Ahead Of Rollout  | ZeroHedge