Microsoft has sharply raised prices across its Surface lineup as RAM and component costs keep climbing. "Both its midrange and flagship Surface lines are now significantly more expensive than they were just a few weeks ago, with the flagship Surface Laptop 7 and Surface Pro 11 now starting at $500 more than they launched at in 2024," reports Windows Central. From the report: The Surface Pro 12-inch, which was previously Microsoft's cheapest modern Surface PC at $799, now starts at $1,049. The flagship Surface Pro 13-inch, which originally launched for $999, now starts at an eyewatering $1,499. It's the same story for the Surface Laptop lines, with the entry-level 13-inch model originally priced at $899, now starting at $1,149. The 13.8-inch flagship Surface Laptop launched at $999, but now costs $1,499, with the 15-inch model now starting at $1,599. This means that Microsoft's midrange devices now cost more than the flagships did when they launched in 2024. [...] Microsoft has raised prices for all SKUs on offer, meaning the high end models are now more expensive too. A top end Surface Laptop 15-inch with Snapdragon X Elite, 64GB RAM and 1TB SSD storage now costs a staggering $3,649. To compare, the 16-inch MacBook Pro with an M5 Pro, 64GB RAM, and 1TB SSD is $3,299, and that comes with a significantly better display and much more power under the hood.

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175 million people in Brazil now use its instant-payment system "Pix", developed by the country's central bank for real-time payments using QR codes or keys, and American Banker notes that the central banks of Argentina and Costa Rica also have developed their own widely used digital systems for instant payments. Latin America has been able to build up sleek and effective payment systems in record time because it is not held back by legacy payment technology that isn't built for instant money movement. In the likes of the U.K., U.S. and Europe, payment systems are built on infrastructure that is often decades old. The process of building new systems is therefore incredibly operationally complex. Money must continue moving, so these systems can't just be "switched off." Emerging markets, such as those in Latin America, did not have to contend with legacy technology on the same scale. Many of these communities were cash dominant until recently, due to the high fees associated with card usage and the lack of banking infrastructure in rural regions. However, while many people didn't have a local bank on their corner, they did have mobile phones... Through these digital channels, money moves instantly, via account-to-account transfers, QR codes and mobile wallets... Beyond this, real-time and traceable digital payments generate valuable cash-flow data that can transform credit underwriting for small and medium-size businesses, or SMEs. Historically, many SMEs in emerging and cash-reliant markets have struggled to access credit due to a lack of documented transaction histories, audited accounts or formal credit records... Mexico is now poised to be the next success story. In Mexico, a third of people are unbanked, but 96% of the population owns a mobile phone. This creates the perfect launchpad for a digital-first payment system that can reach those historically excluded from traditional banking systems. In fact, something already changed in 2025. Bloomberg reports that for the first time, digital payment transfers in the U.S.-to-Mexico remittance corridor exceeded cash transfers (with physical pickup locations like Western Union), according to Mexico's central bank. It's part of a Latin American market "worth more than $160 billion a year, roughly $62 billion of which goes to Mexico." And Mexico's digitalization efforts will continue, according to the country's president, who said at a March banking conference that digital payments will now be encouraged for gasoline and tolls.

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An anonymous reader quotes a report from the New York Times: President Javier Milei of Argentina promoted a cryptocurrency last year that quickly skyrocketed in value then cratered just as fast, costing investors millions of dollars and setting off a scandal and an investigation. Mr. Milei said he was simply highlighting a private venture and had no connection to the digital coin called $Libra. New evidence is now raising questions about his assertion. Phone logs from a federal investigation by Argentine prosecutors into the coin's collapse show seven phone calls between Mr. Milei and one of the entrepreneurs behind the cryptocurrency on the night in 2025 when Mr. Milei posted about $Libra on X. The contents of the calls, which took place before and after Mr. Milei's post, are not known. But the phone logs -- which were obtained by The New York Times and first reported by a local cable news channel, C5N -- suggest a greater degree of communication between Mr. Milei and the entrepreneurs who launched the token than what the president has publicly acknowledged. Newly uncovered messages also suggest Mr. Milei received regular payments from one of the entrepreneurs while he was a congressman. Mr. Milei has not publicly commented on the call logs and other documents, and he did not respond to a request for comment. He is named as a person of interest in the federal prosecutor's continuing investigation into the digital coin, according to court documents reviewed by The Times, but has not been formally charged with any crime. The latest revelations have revived a scandal that threatens the very foundation of a president who rose to power and was elected president in 2023 by attacking a political class he called corrupt.

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