According to a Bloomberg report, Meta can proceed with its acquisition of virtual reality startup Within. In a sealed decision, Judge Edward Davila reportedly rejected the FTC’s request to proceed with blocking the transaction. The FTC filed a lawsuit against Meta in July to prevent the company from buying Within, …
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To prevent outside-of-the-household account sharing, Netflix outlines its policies and exceptions
Now, Netflix is outlining how it intends to keep password sharing within a family while clamping down on unauthorized usage. By charging extra fees for extended usage of the streaming service outside of the home, the company hopes to reduce account sharing this year. The world’s largest streaming service has …
Read More »Roku and Tubi have agreements with Warner Bros. Discovery to license 2,000 hours of content, including “Westworld”
The companies said on Tuesday that Warners Bros. Discovery has agreements with Roku and Tubi to license 2,000 hours of movies and TV shows. The agreement will add free, ad-supported Warner Bros. channels to the two streaming services. Many well-known films will be shown on the channels, including HBO’s “Westworld,” …
Read More »App based on Bitcoin Strike increases its presence in the Philippines to promote cross-border payment options
To expand the cross-border payment and remittance markets, Strike, a financial app and payment network based on Bitcoin, is entering the Philippines. According to Jack Mallers, CEO of Strike, “the Philippines is one of the largest remitting markets in the world, especially from the United States.” According to Statista data, …
Read More »Cloud data management expert NetApp says it will eliminate 8% of its workforce, or roughly 960 workers, due to the current economic climate
One of the major players in cloud data management, NetApp, announced today that it would lay off 8% of its workforce, blaming the current market’s “reduced spending environment” and “macroeconomic challenges.” According to estimates, the company employs about 12,000 people worldwide, meaning that 960 people will be affected. NetApp announced …
Read More »In the second round of layoffs, Groupon eliminates another 500 employees
In an effort to reduce expenses, Groupon announced last week that it had fired another 500 employees. In August 2022, the e-commerce company had already eliminated 500 jobs, or about 15% of its total workforce. This new round of layoffs, according to the company, will be spread out over the …
Read More »According to Google Fi, hackers gained access to customer data
A data breach has been confirmed by Google Fi, the company that runs Google’s mobile network, and it’s likely connected to the recent security incident at T-Mobile that allowed hackers to steal the personal information of millions of users. The primary network provider for Google Fi recently alerted the company …
Read More »In the 1940s, the USA had a functional mobile phone network
A mobile phone advertisement from the 1940s has recently been rediscovered by Open Culture. Long before the iPhone or the brick from the 1980s Wall Street guy, it depicts a functioning mobile phone. The first part of the advertisement tries to explain the advantages of being mobile and able to …
Read More »Elon stands up, Akio Toyoda turns over the CEO keys, and Waymo faces layoffs
A weekly newsletter devoted to all things transportation is called The Station. Simply click The Station to sign up and receive the weekend edition of the newsletter in your inbox every week. Subscribe without cost. Welcome back to The Station, your go-to location for all people- and package-moving needs in …
Read More »Manu Jain, a Xiaomi executive who founded and expanded their India business, is leaving
Manu Jain, an executive who assisted Xiaomi in establishing and growing its operations in India, has left the company, he announced on Monday, adding his name to a long list of well-known departures from the regional unit, which is steadily losing market share to rivals like Samsung. Jain did not …
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