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Amazon will ride the bonanza from last month’s record-setting Prime Day by holding a 48-hour sale in October, the e-commerce giant announced Tuesday.

The company didn’t disclose the exact date for its next money-saving campaign, dubbed “Prime Big Deal Days.”

Loyal Prime customers across 19 countries — including the US, the UK, Australia, France, Japan and the Netherlands, among others — will be able to participate.

“Well share more details soon as we get closer to the event. I cant wait to give our Prime members access to exclusive early savings this season,” Worldwide Amazon Stores CEO Doug Herrington wrote in a LinkedIn post.

“Prime Big Deal Days isn’t a second Prime Day. It’s another opportunity for Prime members to have access to exclusive early savings this holiday season,” an Amazon spokesperson told The Post.

The move comes following reports that shoppers will be conservative with their spending during the holiday season — a trend that’s continuing from 2022, when customers reportedly bought fewer electronics, furniture and some types of clothing compared to the previous year.

According to CNBC’s latest Supply Chain Survey, released in June, 43% of respondents are expecting to order fewer gifts this year compared to 2022.

Roughly two-thirds of respondents, or 67%, said they’d be on the hunt for discounts, which a whopping 71% attributed the cutback to inflation, CNBC’s report found.

The US Bureau of Labor Statistics’ latest figures showed that inflation rose 3% in June versus a year earlier.

Though the figure was the smallest increase since March of 2021 — and drastically lower from inflation’s 9.1% peak last June — it’s still above the Federal Reserve’s 2% goal.

Amazon’s latest Prime Day took place July 11-12, and the record-setting event saw the sale of 375 million items.

Steep discounts drove customers, including members of Amazon’s $139-per-year Prime loyalty program, to spend a collective $12.7 billion, according to Adobe Analytics, boosting US online sales by 6.1%.

Abode cited increased spending in the appliance and apparel categories — which were up 45% and 17% year-over-year, respectively — as reason for the revenue jump.

Amazon’s “Buy Now Pay Later” feature was also used by 21% more consumers during this year’s Prime Day than last year’s — another indication that consumers don’t have the budget to splash out this Christmas.

During July’s Prime Day, the “Buy Now Pay Later” option was utilized in 6.6% of orders, Adobe found.

Following the Prime Day-like event in October, Amazon will offer another round of discounts on Black Friday and Cyber Monday in November.

Learn more about Amazon Prime here.

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Science

Climate Satellite MethaneSAT Fails After Just One Year in Orbit

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Climate Satellite MethaneSAT Fails After Just One Year in Orbit

One of the world’s most advanced satellites for detecting methane and other gases that contribute to the warming of the planet has gone dark and stopped communicating with ground-based controllers just over a year after being launched into orbit. Created by the nonprofit Environmental Defense Fund (EDF), the satellite — estimated to cost as much as $88 million — hitched a ride into space on a SpaceX rocket in March 2024. It was charged with monitoring methane leaks from oil and gas operations, and then making the data available to policymakers and scientists through open access. But on June 20, contact with the satellite was lost, and attempts to recover it have failed. EDF officially reported on July 1 that MethaneSAT has lost power and appears unlikely to recover.

MethaneSAT Failure Marks Setback for Climate Transparency Despite Data Gains and Global Support

As per a statement released by EDF, MethaneSAT’s failure came despite multiple recovery attempts. The satellite was constructed to lift the veil off methane’s invisible, weighty impact on global warming. It is nowhere near as common as carbon dioxide, but over a timescale of, say, a century, it is 20 to 30 times more efficient at trapping heat in the atmosphere than carbon dioxide. That makes its emissions a prime target in the effort to minimize the risks of global warming. MethaneSAT was developed to independently corroborate industrial methane reports, especially those from fossil fuel extraction. The loss of the satellite is a remarkable setback for transparency in climate science and monitoring of emissions worldwide.

Yet mission operators are hopeful that data already collected will have far-reaching effects. EDF emphasized that insights from MethaneSAT’s year in orbit will continue to be processed and made public in the coming months. The mission included backing from 10 partners such as Harvard University, the New Zealand Space Agency, BAE Systems, Google, and the Bezos Earth Fund.

Officials called MethaneSAT a bold and needed move to hold our climate accountable. Although the mission was cut short, it signaled one of the largest joint efforts between science, advocacy, and technology to battle climate change. “To succeed in meeting the climate challenge, we need bold action and fearless innovation,” EDF mentioned, describing the satellite as “at the vanguard of science.”
MethaneSAT’s brief history highlights the difficulty — and importance — of deploying space-based instruments to try and combat climate change. As other missions get ready to blaze the same trail, the data and experience this little spacecraft provided will influence the future of Earth observation.

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Microsoft Says Xbox Chief Phil Spencer Not Retiring ‘Anytime Soon’ After Rumour Surfaces Amid Layoffs

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Science

New Interstellar Comet 3I/ATLAS Speeds Through Solar System

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New Interstellar Comet 3I/ATLAS Speeds Through Solar System

A newly confirmed interstellar comet is making a rare passage through our solar system — and skywatchers can catch it live online tonight. The object, now called 3I/ATLAS, is just the third interstellar visitor ever detected after the well-known ‘Oumuamua (2017) and 2I/Borisov (2019). The comet was so fresh when first detected on July 1 by the ATLAS telescope in Chile that it hadn’t even been given a name yet; the Minor Planet Center has it listed as “3I,” the “I” standing for interstellar. Tonight’s webcast will kick off at 6 p.m. EDT (2200 GMT) from the Virtual Telescope Project’s virtual observing facilities in Italy.

Interstellar Comet 3I/ATLAS Speeds Toward Sun at 68 km/s, Offers Rare Study Opportunity

As per a report by Space.com, 3I/ATLAS was detected as a faint object displaying subtle cometary features, including a marginal coma and a short tail. Currently located 4.5 astronomical units (AU) from the sun — about 670 million kilometers (416 million miles) — the comet is faint at magnitude 18.8, making it invisible to amateur telescopes. The interstellar object is traveling at an astonishing pace of 68 kilometers per second (152,000 mph) relative to the sun, but NASA officials say it poses no danger to Earth.

It was imaged by the Virtual Telescope Project on July 2, showing the comet as a point of light within the trailing background stars — a sure indication that it is indeed moving through space. 3I/ATLAS should brighten a little as it approaches the sun, particularly when it gets closest, or its perihelion, on Oct. 30, when it swings within 1.4 astronomical units of the sun or Mars’ orbit.

The close pass by this interstellar visitor is a rare chance for astronomers to study the materials and dynamics outside our solar system. 3I/ATLAS, which is racing along at a frenetic pace on an elliptical orbit, may also support research into how these objects change as they sit in different stellar environments.

After disappearing behind the sun in late fall, 3I/ATLAS is projected to return to observational reach in early December. Researchers anticipate further analysis then, expanding our understanding of these rare visitors that traverse the galaxy — and occasionally, pass through our celestial neighborhood.

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who’sThat360 on Instagram and YouTube.


The Hunt: Rajiv Gandhi Assassination Now Available For Streaming on SonyLIV

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Politics

OKX CEO apologizes after ‘false positives’ lock users out of accounts

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OKX CEO apologizes after ‘false positives’ lock users out of accounts

OKX CEO apologizes after ‘false positives’ lock users out of accounts

The CEO of OKX says that “false positives” are among the biggest challenges the crypto exchange faces in ensuring global compliance.

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