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Verizon Is Having Network Issues Monday, Leaving Some Stuck in SOS Mode
CNET· 2024-09-30 16:34
If you've had trouble using Verizon's network on Monday morning, you're not the only one. The carrier has confirmed to CNET that it has been working to fix some problems. "We are aware of an issue impacting service for some customers," a Verizon spokesperson said in a statement. "Our engineers are engaged, and we are working quickly to identify and solve the issue."Exactly what the issues are, how many people they're affecting or when they might be resolved was not immediately known. It is also unclear if t ...
PayPal Will Allow Businesses to Buy and Sell Crypto
CNET· 2024-09-28 22:17
PayPal is launching a new service to allow businesses to buy, hold and sell cryptocurrency, making it much easier for US merchants to use crypto for payments.Although the company already allowed its PayPal and Venmo users with consumer accounts to use bitcoin and other virtual coins via its online wallets, it's now rolling out similar capabilities to businesses. The effort marks a major play in expanding the functionality of digital assets for businesses. It comes as cryptocurrency has gained wider market a ...
Meta Fined $102M for Storing Facebook Passwords in Plain Text
CNET· 2024-09-27 15:08
Meta received a slap on the wrist on Friday to the tune of 91 million euros ($102 million) for breaking Europe's strict privacy rules. The company hadn't put enough protections in place to secure people's social media passwords, and realized it was accidentally storing them in plain text.The Irish Data Protection Commissioner, which is in charge of ensuring Meta abides by Europe's General Data Protection Regulation, issued the fine following a five-year investigation, stretching back to 2019. It was looking ...
Qualcomm in Talks With Intel Over Takeover, Report Says
CNET· 2024-09-20 22:07
Qualcomm has approached fellow US chipmaker Intel in recent days about a possible takeover, the Wall Street Journal reported Friday.Intel has suffered a string of setbacks in recent years, and a Qualcomm acquisition would be a big deal for the global chip market. The report cited people familiar with the matter, who cautioned that a takeover is far from certain at this point. The magnitude of the deal would likely be scrutinized by antitrust regulators, as it would mean fewer competitors in the PC chip spac ...
T-Mobile Plans to Expand Its 5G Home Internet Service to 12 Million Users by 2028
CNET· 2024-09-18 17:26
It's taken some time, but T-Mobile finally seems set to expand its home internet offering. At its analyst day in 2021, it stated that it aimed to have 7-8 million customers on its then-new home broadband service by 2025. Today it is at 5.6 million users and now seems set to grow. At its 2024 investor-focused "Capital Markets Day" in San Francisco, the carrier revealed its new 5G home internet goal: Get 12 million users by 2028. "Basically we're going faster than expected on implementing the most advanced te ...
Keurig Fined $1.5 Million Over K-Cup Recycling Claims
CNET· 2024-09-11 17:14
Core Viewpoint - Keurig Dr Pepper has settled an SEC complaint regarding misleading statements about the recyclability of K-Cup pods, agreeing to pay $1.5 million and commit to accurate reporting in future statements [1]. Company Overview - Keurig Dr Pepper is a leading player in the single-serve coffee market, with approximately 40 million American households owning a Keurig brewer and billions of K-Cups consumed annually [4]. SEC Settlement Details - The SEC's complaint highlighted that Keurig's 1999 and 2000 annual reports overstated the recyclability of K-Cup pods, failing to disclose concerns from major recycling companies about the feasibility of curbside recycling [1]. - The company has agreed to adhere to accurate reporting rules in its future annual reports [1]. Recycling Claims and Changes - Keurig claims that its K-Cup pods are made from recyclable polypropylene plastic (5 plastic), which is accepted in many curbside recycling systems across North America [2]. - Since late 2020, Keurig has stated that K-Cups are "100% recyclable," but they are still not accepted by some curbside recycling programs due to their small size [3]. Future Initiatives - The company plans to introduce new plant-based K-Rounds in 2025, which will address the plastic recycling issue but will require consumers to purchase new coffee makers as they will not be compatible with existing brewers [4].
Apple and Google Lose EU Appeals, Must Pay Multi-Billion Dollar Fines
CNET· 2024-09-10 11:18
Europe's top court issued bad news to both Apple and Google in a single day on Tuesday. The Silicon Valley tech giants have been appealing against fines issued by the EU, and the court ruled against both companies, meaning that they must cough up to the tune of 13 billion euros ($14.4B) for Apple and 2.4 billion euros ($2.7B) for Google.It's particularly bad news for Apple, which only the day prior celebrated the launch of the iPhone 16, as well as updating its Apple Watch and AirPod lineups during its annu ...
Meta Cancels Plans for High-End Mixed-Reality Headset, Report Says
CNET· 2024-08-23 19:42
A Meta Reality Labs project to create a premium headset to compete with Apple's $3,499 Vision Pro has been canceled, according to The Information. The publication reports that the project was codenamed La Jolla and that the product would have ultimately launched in 2027 with similar micro-OLED display technology to that Apple uses in its headset. When asked for comment, a representative for Meta referenced a Threads post in which the company noted that not all projects come to fruition."We have many prototy ...
Meta Reportedly Cancels Plans for High-End Mixed-Reality Headset
CNET· 2024-08-23 18:41
A Meta Reality Labs project to create a premium headset to compete with Apple's $3,499 Vision Pro has been canceled, according to The Information. The publication reports that the project was codenamed La Jolla and that the product would have ultimately launched in 2027 with similar micro-OLED display technology to that Apple uses in its headset. When asked for comment, a representative for Meta referenced a Threads post in which the company noted that not all projects come to fruition."We have many prototy ...
Google Under Fire After Influencers Were Asked to Prefer Pixel Phones Over Competitors
CNET· 2024-08-16 23:55
Google is facing criticism after influencers were asked to agree to prefer the new Pixel mobile devices over rival gadgets when creating content for followers, as reported earlier Friday by 9to5Google. Content creators, who took screenshots of the demand and posted them to social media on Thursday night, were warned their relationship with the brand would be terminated otherwise. "By opting into this program, do you acknowledge that you are expected to feature the Google Pixel device in place of any competi ...