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- Google offers small app developers $90 million to settle antitrust allegations
- Apple’s former securities lawyer pleads guilty for doing the insider trading he was supposed to prevent
- The FCC authorizes SpaceX’s Starlink system to be used on vehicles in motion
- You can buy Sega’s Mega Drive Mini 2 flight stick and get it shipped to the US
- GM’s reportedly only making about 12 Hummer EVs a day
- New York denies air permit to Bitcoin mining power plant
- T-Mobile 5G home internet reaches 5 million new addresses in the middle of the country
- The Supreme Court just decided a major climate court case
- The Supreme Court just took away an EPA tool to fight climate change — what happens next?
- Meta warns employees of ‘serious times’ in internal memo
| Google offers small app developers $90 million to settle antitrust allegations Posted: 01 Jul 2022 01:55 AM PDT  Google has offered to pay out $90 million to small app developers to settle a class-action lawsuit alleging that the company's Play store policies violated federal antitrust laws. The suit claimed that Google maintained polices that effectively forced developers to use its Google Play billing system — which for many years had a default 30 percent charge on all transactions. In July 2021, in a concession to smaller developers and in response to this suit, Google cut this fee to 15 percent for the first $1 million earned through any app. According to Hagens Berman, the law firm representing the plaintiffs in this class-action, some 48,000 small app developers in the US will be able to claim a payment from the $90 million fund. Hagens... |
| Posted: 30 Jun 2022 04:44 PM PDT  A former Apple lawyer who was in charge of preventing insider trading has pleaded guilty to six counts of securities fraud for insider trading, according to a Department of Justice (DOJ) press release. Gene Levoff, once the company's former corporate secretary and director of corporate law, "misappropriated material, nonpublic information about Apple's financial results and then executed trades involving the company's stock" from February 2011 to April 2016, the release says. Charges against him were initially filed by the SEC as a civil complaint in 2019. Levoff also served on Apple's Disclosure Committee, a group that looked over company earnings reports and SEC filings before they were published. Using information he was privy to, he... |
| The FCC authorizes SpaceX’s Starlink system to be used on vehicles in motion Posted: 30 Jun 2022 03:36 PM PDT  Today, the Federal Communications Commission (FCC) granted SpaceX authorization to use its Starlink satellite internet system on vehicles in motion — including cars, trucks, boats, and aircraft. It's a big win for SpaceX's Starlink system, potentially opening up the service to a more diverse range of use cases and customers. SpaceX requested regulatory approval from the FCC in March of last year to allow Earth Stations in Motion (ESIM) Starlink terminals to be used in moving vehicles. To tap into the system and receive broadband internet coverage, customers must purchase a personal ground-based antenna, or user terminal, that is designed to connect with any orbiting Starlink satellites that happen to be overhead. Up until now, those... |
| You can buy Sega’s Mega Drive Mini 2 flight stick and get it shipped to the US Posted: 30 Jun 2022 02:44 PM PDT  Sega may have only announced the Mega Drive Mini 2 for release in Japan so far, but there's a pretty cool accessory for it that appears to work with PCs and can be shipped stateside. As of this writing, Amazon has the Mega Drive Mini 2 Cyber Stick controller up for preorder on its Japanese storefront, and as video game deals expert Wario64 points out (ad), the controller also ships to the US.
You'll be able to use the Cyber Stick controller with games like After Burner II (a jet fighter game), Night Striker (where you fly an armored car to shoot... |
| GM’s reportedly only making about 12 Hummer EVs a day Posted: 30 Jun 2022 02:39 PM PDT  Months after General Motors started delivering its first Hummer EVs, the company is reportedly only producing around 12 of the massive electric trucks a day, according to The Wall Street Journal. That's an abysmally slow pace, even compared to how many electric trucks other automakers are making: the Journal says Ford's producing around 150 F-150 Lightings a day, whereas Rivian's Q1 production numbers indicate it's making somewhere between 30 and 40 EVs a day (Rivian didn't immediately respond to The Verge's request for more specific numbers). Recently, GM announced that it was raising the Hummer EV's price by $6,250, citing "higher prices for parts, technology and logistics," according to CNBC. Around 77,500 people have signed up for... |
| New York denies air permit to Bitcoin mining power plant Posted: 30 Jun 2022 02:39 PM PDT Bitcoin miners in New York state faced a regulatory blow today as the state denied air permits for a gas-fired power plant used to mine Bitcoin. It's the latest step that New York has taken to crack down on crypto mining as it tries to meet its goals on climate change. The decision was made for the Greenidge Generating Station in New York's Finger Lakes region. Bitcoin mining brought new life and renewed controversy to the embattled plant in 2020. That drew outrage from some local residents worried about how the plant could affect fish and tourism by discharging hot water into nearby Seneca Lake. At the state level, Greenidge's revival has sparked fears that pollution from the energy-intensive process of mining Bitcoin could revive other... |
| T-Mobile 5G home internet reaches 5 million new addresses in the middle of the country Posted: 30 Jun 2022 01:53 PM PDT  T-Mobile has announced that its 5G home internet service is now available in more cities, spanning parts of Colorado, Oklahoma, Missouri, Iowa, and Kansas. The service now covers more than 40 million homes, and earlier this spring, the company said it signed up its one-millionth customer. That's good news in our landscape of cable internet provider monopolies, but T-Mobile has some real work to do if it plans to meet its goal of 7 to 8 million customers by 2025. Providing fixed wireless internet to a broad portion of the nation was a big selling point in T-Mobile's case to the FCC when it argued to be allowed to acquire Sprint. The gist of the whole deal was that we'd lose one of our four wireless carriers temporarily while T-Mobile... |
| The Supreme Court just decided a major climate court case Posted: 30 Jun 2022 01:38 PM PDT  Update 6/30/2022: The Supreme Court ruling in West Virginia v. Environmental protection agency came out today, limiting the agency's ability to regulate power plant emissions. Read the ruling and dissent here, and read more about what the ruling means for climate action here. Our original article continues below. This week, the Supreme Court is expected to decide a major climate case that could determine what tools the federal government can use to cut greenhouse gas emissions. The case, West Virginia v. Environmental Protection Agency, started out years ago as a battle over how much authority the EPA has to force power plants to cut down their pollution — but it's turned into a bigger fight over how much power federal agencies have to... |
| The Supreme Court just took away an EPA tool to fight climate change — what happens next? Posted: 30 Jun 2022 01:35 PM PDT  The Supreme Court just gutted a major policy tool the US might have used to tackle climate change. Its decision today on West Virginia v. Environmental Protection Agency essentially says that the EPA shouldn't be allowed to determine whether the US gets its electricity from clean or dirty sources of energy. That derails previous efforts by the agency to transition the US away from fossil fuels to clean energy sources like wind and solar by regulating the power sector. With the new decision, the agency might be able to push a power plant to install technology to reduce its emissions on-site, but it can't influence states' decisions on where they get their energy from in the first place. To make things worse, the premise of the court's... |
| Meta warns employees of ‘serious times’ in internal memo Posted: 30 Jun 2022 01:10 PM PDT  Meta is warning of "serious times" and preparing for a leaner second half of 2022, according to an internal memo circulated to employees this week. The note comes from chief product officer Chris Cox and outlines the company's priorities and challenges to its business going forward. "I have to underscore that we are in serious times here and the headwinds are fierce," Cox wrote in the memo obtained by The Verge and published in full below. "We need to execute flawlessly in an environment of slower growth, where teams should not expect vast influxes of new engineers and budgets." The biggest revenue challenge comes from privacy changes affecting Meta's ad business and macroeconomic pressures, Cox says in the memo, which was first reported... |
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