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- Twitter says a spear phishing attack led to the huge bitcoin scam
- In the pandemic economy, tech companies are raking it in
- Microsoft’s Edge browser is crashing if you have Google set as default search
- After impassioned speech, AOC’s ban on US military recruiting via Twitch fails House vote
- CVS is adding another kind of touch-free payment: PayPal and Venmo QR codes
- FCC approves Amazon’s internet-from-space Kuiper constellation of 3,236 satellites
- Apple confirms new iPhones won’t arrive in September
- Amazon doubled its profit during a pandemic
- The iconic Flip Video almost became Google’s first camera, emails show
- Apple reports strong Mac and iPad sales in record-breaking Q3 earnings
| Twitter says a spear phishing attack led to the huge bitcoin scam Posted: 30 Jul 2020 06:29 PM PDT  Illustration by Grayson Blackmon / The Verge Twitter provided an update about the unprecedented July 15th attack that allowed hackers to tweet from some of the most high-profile accounts on the service, in a blog post and a series of tweets published Thursday evening. Twitter now says that a few employees were targeted in a phone spear phishing attack. While Twitter doesn't quite say, that presumably means hackers called up Twitter employees while posing as colleagues or members of Twitter's own security team, and got them to reveal the credentials they use to access internal systems. Twitter had previously said its own tools were compromised in the attack, but up until this point, the company hadn't specified how that had happened. "This attack relied on a significant and... |
| In the pandemic economy, tech companies are raking it in Posted: 30 Jul 2020 05:44 PM PDT  Illustration by Alex Castro / The Verge From a pure entertainment perspective, I am genuinely sorry that the House's antitrust hearing targeting the big four tech companies — Amazon, Apple, Facebook and Google — took place Wednesday instead of next week. Because literally a day after a meeting attempting to determine if Big Tech was too big, three of the four companies in the hearing got bigger. (Google's parent company, Alphabet, had a decline in revenue of about 2 percent, mostly due to a decline in search ads — but this was still better than analysts predicted.) The hearing was about how tech companies have consolidated their power. The coronavirus seems to be making that... |
| Microsoft’s Edge browser is crashing if you have Google set as default search Posted: 30 Jul 2020 05:07 PM PDT  Illustration by Alex Castro / The Verge Microsoft's new Edge browser is randomly crashing when users type into the address bar tonight. The issues appear to be affecting Edge users who have selected Google as the default search engine. Microsoft says it's aware of the problems and the company's Edge team is investigating. Microsoft recommends turning off Search Suggestions in edge://settings/search. The Verge has tested this workaround and it solves the problem if you have Google set as your default search engine.
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| After impassioned speech, AOC’s ban on US military recruiting via Twitch fails House vote Posted: 30 Jul 2020 04:19 PM PDT  Image: U.S. Army Esports / Facebook An amendment proposed by Rep. Alexandria Ocasio-Cortez (D-NY) that would ban the US military from recruiting on Twitch failed a House vote Thursday evening. Had it passed, it would have been an amendment to the House Committee on Appropriations bill, which is part of the process in how the Pentagon's annual budget is set.
Ocasio-Cortez tweeted her frustration at trying to win over her colleagues Thursday evening:
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| CVS is adding another kind of touch-free payment: PayPal and Venmo QR codes Posted: 30 Jul 2020 04:03 PM PDT  Image: PayPal CVS is expanding its payment options by teaming up with PayPal to use its QR codes as another touch-free form of payment at the retail pharmacy chain. PayPal and Venmo users can pay with money that's already in their account instead of having to pay with a credit card, and Venmo users can also use Venmo Rewards to pay for items, all "without needing to touch a keypad or sign a receipt." CVS says the new QR codes will arrive at 8,200 of its US stores in the fourth quarter of 2020. Since we're in the middle of an ongoing pandemic, it's not the most ideal to be touching in public, so if you don't have tap-to-pay on your phone or simply don't use it, it's another way to do touch-free payment at stores. |
| FCC approves Amazon’s internet-from-space Kuiper constellation of 3,236 satellites Posted: 30 Jul 2020 03:35 PM PDT  An artistic rendering of a satellite in orbit | Illustration by Alex Castro / The Verge The Federal Communications Commission has approved Amazon's plans for its ambitious Kuiper constellation, which entails sending 3,236 satellites into orbit to beam internet coverage down to Earth. The decision is a crucial regulatory step that paves the way for Amazon to start launching the satellites when they're ready. The company plans to send the satellites to three different altitudes, and it claims it needs just 578 satellites in orbit to begin service, according to an FCC document announcing the approval. Amazon said it will invest "more than $10 billion" in Project Kuiper in a blog post. Amazon has not announced which launch provider it plans to use to fly the satellites into orbit yet. While Amazon CEO Jeff Bezos also owns the... |
| Apple confirms new iPhones won’t arrive in September Posted: 30 Jul 2020 02:45 PM PDT  Photo by Amelia Holowaty Krales / The Verge Apple has confirmed it's planning to launch its new iPhones a little later this year. "Last year we started selling new iPhones in late September, this year we expect supply to be available a few weeks later," said Apple CFO Luca Maestri in an earnings call with investors today. Maestri didn't reveal why this year's iPhone supply is delayed or constrained, but rumors of an iPhone delay have been circulating for months. The Wall Street Journal reported earlier this year that Apple had delayed mass production of its upcoming iPhone handsets by around a month. Qualcomm also hinted at an iPhone delay earlier this week, highlighting a "partial impact from the delay of a global 5G flagship phone launch" for its fourth quarter projections. A... |
| Amazon doubled its profit during a pandemic Posted: 30 Jul 2020 02:41 PM PDT  Illustration by Alex Castro / The Verge Amazon CEO Jeff Bezos warned investors earlier this year that they might want to take a seat and prepare for a possible loss in Q2, as the company planned to spend $4 billion — all of its expected Q2 operating profit — on COVID 19-related expenses. Amazon projected a potential loss of $1.5 billion this quarter. But with the end of Q2 now behind us, Amazon shared its quarterly results, and they're quite the opposite of gloomy. Despite the pandemic, Amazon doubled its net profit year over year to $5.2 billion, compared to $2.6 billion at this time in 2019. This impressive figure comes after the company spent over $4 billion on what Bezos describes as "incremental COVID-19 related costs in the quarter to help keep employees safe and... |
| The iconic Flip Video almost became Google’s first camera, emails show Posted: 30 Jul 2020 02:06 PM PDT  Before Android, before the iPhone, and before GoPro became a known brand, the Flip Video camcorder took the world by storm, allowing millions to shoot digital home videos one-handed and easily save, share, and upload them to a nascent YouTube, thanks to an iconic flip-out USB port. What you probably didn't know: the Flip Video was almost a Google-branded camera, internal Google emails revealed by the House Judiciary Committee's antitrust sub-committee show. It would have been Google's first camera and perhaps the first piece of Google-branded hardware as well. What we knowIn January 2006, a year and a half before the first Flip Video went on sale, Google Video product manager Peter Chane tried to convince his colleagues that they... |
| Apple reports strong Mac and iPad sales in record-breaking Q3 earnings Posted: 30 Jul 2020 01:58 PM PDT  Xinhua/Wang Ying via Getty Images Apple today reported extremely strong third quarter earnings, offering another look at how the company is shaking off the toll the COVID-19 pandemic is taking on its business. Analysts had been expecting around $52.3 billion in revenue and earnings per share of $2.07, but Apple crushed those predictions with $59.7 billion in revenue — up 11 percent from last year's third quarter — and EPS of $2.58, up 18 percent. The company announced a four-for-one stock split alongside the earnings, saying that "each Apple shareholder of record at the close of business on August 24th, 2020 will receive three additional shares for every share held on the record date." As has become the norm, Apple's services and wearables divisions performed strongly.... |
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