Remember 'Gangnam Style' ? The K-pop song by South Korean artist PSY, released on July 15, 2012, became a worldwide phenomenon, powered by its wacky music video, trademark horse-riding dance, and addictive chorus. The video became a cultural sensation, inspiring thousands of imitations, parodies, and dance videos around the world. It also made YouTube history by becoming the first video on the platform to cross 1 billion views. 14 years later, Gangnam Style remains one of YouTube's most-watched music videos, with around 6 billion views. Its enormous audience has also raised questions about just how much money the video has generated for PSY and its rights holders. When one user on X asked Grok to estimate the video's YouTube revenue, the AI chatbot said the exact lifetime figure was not publicly available. It pointed to Google's disclosure in 2013 that Gangnam Style had generated more than $8 million in advertising revenue when it had around 1.2 billion views....
The Reserve Bank of Indian (RBI) has announced that starting today, May 1, customers will be charged a maximum fee of Rs 23 per transaction for ATM banking services. Previously, the amount was set at Rs 21 per transaction. The revised framework for ATM transaction charges comes after the RBI said that it would allow banks to increase ATM withdrawal charges for transactions exceeding the free usage limit. "Beyond the free transactions, a customer may be charged a maximum fee of Rs 23 per transaction. This shall be effective from May 1, 2025," the RBI notice read. The new rule is applicable to all commercial banks, including regional rural banks (RRBs), co-operative banks, authorised ATM network operators, card payment network operators, and white-label ATM operators. Starting May 1, customers will be entitled to five free transactions (both financial and non-financial) each month from their own bank's ATM, and another three from other banks in metro cities. In non-metr...