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Telecommunications & Media

Popular channels used for MPP bundling; cable operators lack means to refuse

Rules governing channel transactions premised on cable operators\' dominance do not fit current market conditions, a seminar heard. Some large multi-programme providers use popular channels to push bundled deals, leaving operators unable to drop only unwanted channels, analysts said. A professor argued guidelines banning forced bundling are not working in practice and called for recognising refusal of individual contracts as grounds to end a channel. Lawyers also urged assessing bargaining power case by case.

Crypto

Circle releases USDC spec for machine payments protocol, targeting AI agent payments

Circle has released an official USDC payment specification for the Machine Payments Protocol, standardising how AI agents and automated services pay in USDC on EVM-compatible blockchains and Solana. The spec introduces a standard payment interface, adds MPP’s first crosschain payment profile via Circle Gateway and includes support for USDCx, a Stacks-based USDC-linked stablecoin. The announcement did not include user numbers, volumes or adoption metrics.

Industry

LG Energy Solution, Honda to build Hanoi electric two-wheeler battery swapping stations

LG Energy Solution will work with Honda and the city of Hanoi to build battery swapping infrastructure for electric two-wheelers. The three parties signed an MOU on May 19 local time covering station deployment in central Hanoi, battery standardisation and a safety management system, and joint development of an electric two-wheeler platform business model. From the third quarter, they plan about 50 stations and a pilot using 500 electric two-wheelers.