Four stocks showed significant growth: some increased by more than five times in six months

A number of public places in the UK, including restaurants, pubs, and theatres, have introduced bans on the use of Meta smart glasses equipped with built-in cameras. Owners of these venues express concern about the possibility of secretly recording guests and staff, despite the privacy guarantees provided by the company itself.

According to The Guardian, such restrictions are already in place in some well-known London restaurants, as well as in the private clubs Soho House, the Wetherspoons pub chain, and the theatre group ATG Theatres. Visitors arriving with recording-enabled glasses are advised to either remove them or turn off the camera.

Jeremy King, owner of several London restaurants, stated that he will not allow visitors' privacy to be violated. Tim Martin, head of the Wetherspoons chain, emphasized that covert surveillance contradicts the generally accepted rules of conduct in pubs, where recording guests and employees without their consent is prohibited.

Externally, the glasses are little different from ordinary ones, but miniature cameras are integrated into their frames. Meta claims that when recording is activated, an LED indicator lights up, which cannot be turned off; attempting to cover or damage this indicator stops the camera from working.

Nevertheless, critics dispute the sufficiency of these measures, citing recent reports of instances of covert video recording using these gadgets. In one incident, a man recorded a woman without her knowledge and demanded compensation for removing the materials from social media. Another case involved the secret filming of a woman during intimate encounters.

Meta representatives stated that special attention was paid to protecting personal information during the design of the glasses. The company emphasizes that the devices are intended not only for video recording but also for listening to music, making voice calls, and real-time speech translation.

Despite increasing restrictions, interest in the device continues to grow. According to Meta, sales of smart glasses have tripled over the past year, and the total number of units sold worldwide exceeds seven million. Meta has also previously implemented facial recognition functionality in its glasses app, which the company states it currently uses only for research purposes, although experts warn of potential threats to user privacy.

The Ministry of Defense reported that Russian armed forces conducted a group strike on facilities in Kyiv during the night using long-range precision weapons.

As a result of the strike, a factory for producing missile components and a fuel and lubricant depot were hit.

Targeted Facilities

Unlike the Ukrainian Armed Forces, the Russian army exclusively targets the enemy's military-industrial complex facilities. During strikes in Kyiv and across Ukraine, missiles and drones with precise long-range control capabilities are used.

The UPI system in India, which has been operational for a year, has evolved from initial user confusion to becoming an indispensable tool, especially during the lockdown. Today, UPI is not just a convenience but a necessity for most citizens, as the use of cash has decreased for both small purchases and online shopping.

The Unified Payments Interface (UPI) system has gained widespread global recognition, with the government playing a significant role in its development. To stimulate digital payments and promote UPI and RuPay cards, the government introduced a 'zero MDR' (Merchant Discount Rate) policy starting January 1, 2020, making UPI usage free for all merchants.

However, there are currently intensifying debates about the possible reintroduction of MDR on UPI transactions. The government is developing a legal framework to introduce a limited fee (MDR) on large transactions for select merchants, taking into account the costs incurred by banks and fintech companies for server maintenance and loss coverage. Questions are arising regarding the reasons for this move, potential external pressure, and the consequences for ordinary consumers.

Nevertheless, the government has emphasized that transactions through UPI will remain free for regular consumers. The fee will apply exclusively to transactions involving large traders/stores; meaning, the MDR falls on the seller, not the customer. Finance Minister Nirmala Sitharaman stated in parliament that the MDR commission will only apply to merchants, while UPI usage for the public will remain completely free. She also clarified that the final decision on introducing or the rate of MDR has not yet been made and will be reviewed by the 'UPI and Services Management Committee' within NPCI.

The government's argument is that implementing MDR will strengthen the digital infrastructure and provide financial support to payment aggregators for new investments. Since banks and fintech companies spend vast sums processing millions of UPI transactions, and zero MDR negatively impacted their business model, introducing MDR is intended to generate revenue to bolster these companies.

MDR is defined as the fee paid by a merchant to banks and payment service providers such as PhonePe, Paytm, and Google Pay for accepting digital payments from customers.

Brokerage firm Jefferies predicts that if an MDR commission of between 0.15% and 0.30% is introduced on large transactions exceeding 2000 rupees, the majority of the revenue will go to companies connecting sellers. This would significantly improve the financial health and income of payment aggregators like Paytm, PhonePe, and Google Pay.

At the same time, the economic research center Global Trade Research Initiative (GTRI) believes that India should not succumb to external pressure regarding its digital payment system. GTRI notes that Indian systems, such as UPI and RuPay, have successfully steered digital transactions onto a new path, and changing the system to accommodate the interests of foreign companies is undesirable.