One Plug and Done: EU to Require Common Way to Charge Phones

A picture taken on February 6, 2020 in Brussels shows plugs for mobile charger next to a European flag. (AFP)
A picture taken on February 6, 2020 in Brussels shows plugs for mobile charger next to a European flag. (AFP)
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One Plug and Done: EU to Require Common Way to Charge Phones

A picture taken on February 6, 2020 in Brussels shows plugs for mobile charger next to a European flag. (AFP)
A picture taken on February 6, 2020 in Brussels shows plugs for mobile charger next to a European flag. (AFP)

Forget rummaging through the junk drawer. Soon, Europeans will only need to reach for one cable to charge their smartphones and other devices.

European Union officials said they inked a provisional agreement Tuesday that will require a uniform charging cord in the 27-nation bloc. It's part of a wider effort to make products sold in the EU more sustainable and cut down on electronic waste.

The new rules, which will take effect by fall 2024, mean EU consumers will only need to use a common USB Type-C cable for small and medium-sized rechargeable, portable electronic devices.

"European consumers were frustrated with multiple chargers piling up within their homes," Alex Agius Saliba, the European Parliament's lead negotiator, said at a press briefing in Brussels. "Now, they will be able to go with a single charger for all portable electronics, which is an important step to increase consumer convenience."

The devices covered include mobile phones, tablets, e-readers, earbuds, digital cameras, headphones and headsets, handheld videogame consoles, keyboards and mice, portable speakers and navigation devices.

Laptops also are covered, but manufacturers will have extra time to comply.

The rules apply only to devices sold in the European single market, which consists of 30 countries. However, like the EU’s strict privacy regulations, they could end up becoming a de facto standard for the rest of the world.

While many electronics makers have started adopting USB-C sockets into their devices, Apple has been one of the main holdouts.

Apple, which did not respond to a request for comment, has previously said it's concerned the rules would limit innovation and hurt consumers. The company's iPhones come with its own Lightning charging port, though newer models include cables that can be plugged into a USB-C socket.

The EU rules also outline standards for fast charging technology and give consumers the right to choose whether to buy new devices with or without a charger, which the EU estimates will save consumers 250 million euros ($266 million) a year.

Reducing electronic waste is another goal. The EU estimates disposed or unused chargers account for 11,000 metric tons of e-waste in Europe every year.

"One in every three chargers that is bundled with these products is never opened from its original packaging," according to an impact assessment from the European Commission, the bloc’s executive arm, Saliba said.

To keep pace with the latest advances, there are also provisions to draw up standards further down the line for wireless charging, which is seen as the next leap forward for charging technology, Saliba said.

The EU spent more than a decade trying to cajole the electronics industry into adopting a common charging standard, an effort that whittled different charging plugs down to a handful until the commission forced the issue with draft legislation last September.

The European Parliament and European Council are expected to give formal approval to the agreement after the summer break.



Trump Media to Merge with Nuclear Fusion Company that Wants to Power AI

FILE - The download screen for Truth Social app is seen on a laptop computer, March 20, 2024, in New York.  (AP Photo/John Minchillo, File)
FILE - The download screen for Truth Social app is seen on a laptop computer, March 20, 2024, in New York. (AP Photo/John Minchillo, File)
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Trump Media to Merge with Nuclear Fusion Company that Wants to Power AI

FILE - The download screen for Truth Social app is seen on a laptop computer, March 20, 2024, in New York.  (AP Photo/John Minchillo, File)
FILE - The download screen for Truth Social app is seen on a laptop computer, March 20, 2024, in New York. (AP Photo/John Minchillo, File)

Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion.

Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl Binderbauer.

The combined company says it plans to find a site and begin construction next year on the “world’s first utility-scale fusion power plant,” with aims to provide the electricity needed for artificial intelligence.

Shares of Trump Media & Technology, the parent company of President Donald Trump's Truth Social media platform, have tumbled 70% this year but jumped 20% before the opening bell Thursday.

Backed by Google and other investors, TAE is a private company and the merger with Trump Media would create one of the first publicly traded nuclear fusion companies.

“We’re taking a big step forward toward a revolutionary technology that will cement America’s global energy dominance for generations," The Associated Press quoted Nunes as saying in a prepared statement.

TAE focuses on nuclear fusion, a technology that combines two light atomic nuclei to form a single heavier one. It releases enormous amount of energy, a process that occurs on the sun and other stars, according to the United Nations' International Atomic Energy Agency. It's been seen as a promising solution to climate change caused by burning fossil fuels, but one that is a long way off compared to today's clean technologies like wind and solar.

TAE and Trump Media shareholders will each own approximately 50% of the combined company.

Trump is by far the largest stakeholder in Trump Media, owning 41% of all outstanding shares.

In October, the US Department of Energy released what it called a “roadmap” for fusion technology, with the aim of fostering “a burgeoning fusion private sector industry in the US toward maturity on the most rapid timeline.”

A number of tech companies, including Google, Microsoft and OpenAI CEO Sam Altman, have shown interest in fusion technology as a way of powering the energy-hungry data centers needed to build and run their AI products.

TAE and Trump Media say the transaction values each TAE common stock at $53.89 per share.

At closing, Trump Media & Technology Group will be the holding company for Truth Social and TAE, along with its subsidiaries TAE Power Solutions and TAE Life Sciences.


Brazil to Get Satellite Internet from Chinese Rival to Starlink in 2026

Brazil's new Chief of Staff of the Presidency Rui Costa attends a ministerial meeting at the Planalto Palace in Brasilia, Brazil January 6, 2023. REUTERS/Adriano Machado
Brazil's new Chief of Staff of the Presidency Rui Costa attends a ministerial meeting at the Planalto Palace in Brasilia, Brazil January 6, 2023. REUTERS/Adriano Machado
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Brazil to Get Satellite Internet from Chinese Rival to Starlink in 2026

Brazil's new Chief of Staff of the Presidency Rui Costa attends a ministerial meeting at the Planalto Palace in Brasilia, Brazil January 6, 2023. REUTERS/Adriano Machado
Brazil's new Chief of Staff of the Presidency Rui Costa attends a ministerial meeting at the Planalto Palace in Brasilia, Brazil January 6, 2023. REUTERS/Adriano Machado

Chinese low Earth orbit satellite company SpaceSail will start providing internet access to remote areas in Brazil in the first half of 2026, President Luiz Inacio Lula da Silva's chief of staff, Rui Costa, said on Wednesday, Reuters reported.

SpaceSail and Brazil's state-owned telecom Telebras had signed a memorandum of understanding in late 2024 to offer satellite internet services for schools, hospitals and other essential services in the South American country.

SpaceSail competes directly with Elon Musk's Starlink in the satellite internet market.


Google Launches First Ever Co-branded Credit Card in India

FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo
FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo
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Google Launches First Ever Co-branded Credit Card in India

FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo
FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, US, May 13, 2025. REUTERS/Carlos Barria/File Photo

Alphabet Inc's Google Pay launched its first co-branded digital credit card in India on Wednesday in partnership with Axis Bank, intensifying efforts to monetize its massive user base in the country's crowded fintech sector.

WHY IT'S IMPORTANT

While Google Pay is a dominant player in India's popular domestic payments network, the Unified Payments Interface (UPI), its core service generates zero revenue from user-to-user payments due to government mandates. It, however, earns commissions for in-app services like bill payments and mobile recharges, Reuters reported.

The credit card launch opens a new avenue for Google to monetize its user base, mirroring strategies by domestic rivals Paytm and PhonePe to cross-sell lending products to payment users.

BY THE NUMBERS

India has just 50 million credit card holders, according to Google Pay, whereas its population exceeds 1.4 billion.

Google Pay meanwhile is the second top app in India by number of UPI transactions, having processed nearly 7.2 billion transactions in October alone.

HOW IT WORKS

Axis Bank manages the credit risk and issuance, while the digital-only card will be linked to the Google Pay app to make online and offline payments on the go.