Your cable streaming bill may be getting more expensive once again. Warner Bros. Discovery (WBD) is reportedly planning another price increase for Max. Bloomberg didn't reveal how much WBD is expected to jack up the subscription by. The cheapest ad-free plan is currently $16 per month after a $1 increase in early 2023. WBD is said to be aiming for $1 billion in earnings from Max and Discovery+ next year.
We could find out about any Max price increase as soon as Thursday. That's when WBD will report its earnings for the first three months of the year.
The price increase may be on the way as part of WBD's seemingly never-ending cost-cutting drive. As part of that, more layoffs may be in the pipeline. Over the last year, the company has fired more than 2,000 people and eliminated their positions.
Zazlav has reduced WBD's debt load by around $10 billion so far, according to Bloomberg. However, his decisions have infuriated creatives and many fans, such as those who are clamoring for the company to release the highly regarded live-action Looney Tunes film Coyote vs. Acme instead of canning it for a tax rebate.
Coincidentally, Variety on Wednesday published a list of media and tech CEOs' pay packages for 2023. Zazlav's compensation is said to have shot up by 26.5 percent to $49.7 million. That's around 290 times what the median WBD employee makes.
This article originally appeared on Engadget at https://www.engadget.com/ugh-max-subscription-prices-might-be-going-up-again-181332420.html?src=rss
FTX has filed a plan with a bankruptcy court to pay back creditors who held cryptocurrency at the embattled exchange. The vast majority of customers are set to get their money back with interest, though they (and the debtors) missed out on major gains in the crypto market since FTX’s dramatic collapse in November 2022 — the price of Bitcoin has more than tripled since then.
FTX aims to fully pay back non-governmental creditors based on the value of their claims as determined by the bankruptcy court. That means 98 percent of creditors (those who have up to $50,000 in claims) will get 118 percent of the amount of their allowed claims. Other creditors will get their money back, plus what FTX describes as billions of dollars in compensation “for the time value of their investments.”
Government creditors are in line for payouts with a nine percent interest rate. The Internal Revenue Service and Department of Justice are among the stakeholders with which FTX has agreed settlements.
The company suggests that, if its plan of reorganization is rubber stamped, it would be able to resolve disputes with private and government stakeholders “without costly and protracted litigation.” All told, FTX says that it will be able to distribute between $14.5 billion and $16.3 billion in cash.
But, you may be wondering, where exactly is all this money coming from? After all, when FTX filed for Chapter 11 bankruptcy protection 17 months ago, it held just 0.1 percent of the Bitcoin and 1.2 percent of the Ethereum that its customers thought it had.
FTX said it was able to monetize “an extraordinarily diverse collection of assets, most of which were proprietary investments held by the Alamedaor FTX Ventures businesses, or litigation claims.” As TechCrunch reports, the assets that FTX CEO John J. Ray III and his team tracked down included around $8 billion in real estate, political donations and venture capital investments.
The company filed the updated plan of reorganization just a few weeks after co-founder and former CEO Sam Bankman-Fried (aka SBF) was sentenced to 25 years in prison. He was found guilty in November of charges including wire fraud and conspiracy to commit money laundering.
This article originally appeared on Engadget at https://www.engadget.com/ftx-plans-to-refund-defrauded-customers-with-interest-143555536.html?src=rss
It's been a busy day of Apple news thanks to some new iPads, but the company has plenty of other M-series devices, including the iMac. Apple slotted M3 chips into its desktop computers late last year, and now the base version of the 2023 iMac is cheaper than ever. Thanks to a coupon at Amazon (make sure to clip it!), you can snap up an iMac with an M3 chip, 8GB of RAM and 256GB of SSD storage for $1,149. The deal is available for the silver, pink, green and blue versions of the system.
A word of warning: while this is a decent deal on the surface, we do feel that the specs of the base 2023 iMac aren't quite up to scratch. It's difficult in this day and age to earnestly recommend a computer with just 8GB of RAM as apps become more and more demanding. That's why the iMac didn't score higher than 86 in our review.
On the plus side, the M3 chipset is very fast and the iMac's display remains terrific. Although this is a desktop system, it's lightweight, so it's not too difficult to move from one room to another or prop it up on something — the inability to adjust the screen vertically is a little disappointing.
There are some caveats to keep in mind here, but if you're looking for a nice, pretty new computer for relatively basic tasks (you're not going to be doing much gaming or video editing on a system with these specs) and don't mind splashing some cash, then this iMac might do the trick for you.
Beats might have some newaudio gear to blab about, but its older models are nothing to sniff at, especially when you can score solid deals on them. Take, for instance, the Beats Fit Pro. Those true wireless earbuds have dropped by $40 to $160. That matches the Black Friday price and it's just $10 more than the all-time low.
The Beats Fit Pro are our pick for the best workout headphones as well as our top choice for headphones for running. They're rated for IPX4 water resistance, which is always welcome to have while you're working up a sweat. They're comfortable to wear and have solid battery life (six hours plus an extra 21 hours from the charging case).
None of that would matter if the Beats Fit Pro sounded terrible, but they deliver great sound quality with the help of Adaptive EQ. Spatial audio is always a nice feature to have, while the active noise cancellation and transparency modes are solid. Multipoint connectivity is a plus too.
On the downside, we thought that the charging case felt cheap with a poor build quality. We also found it too easy to accidentally press the onboard controls. Still, if you're looking for a pair of earbuds for your workouts, you can't get much better than the Beats Fit Pro right now.
Elsewhere, the Beats Studio Pro are also on sale. At $180, they're effectively half off and just $10 more than the record low of $170.
This article originally appeared on Engadget at https://www.engadget.com/the-beats-fit-pro-wireless-earbuds-are-on-sale-for-160-right-now-190035110.html?src=rss
"By the end of this calendar year, we will be adding an ESPN tile to Disney+, giving all US subscribers access to select live games and studio programming within the Disney+ app," Iger said. "We see this as a first step to bringing ESPN to Disney+ viewers, as we ready the launch of our enhanced standalone ESPN streaming service in the fall of 2025." Iger also noted that ESPN+ subscribers will also be able to access content from that service through the new Disney+ tile, so Disney bundle subscribers will more or less have everything in one app.
Iger didn't reveal exactly what sports Disney would make available to everyone on Disney+, but made it clear that it would only bring a “modest” amount of programming over from ESPN. The company is also working with Fox Sports and Warner Bros. Discovery on another sports streaming service that's slated to arrive later this year and will include games from the NFL, MLB, NHL and NBA.
Meanwhile, Disney+ just had its first profitable quarter in its four and a half years of existence. The service had been expected to lose $100 million in the first three months of 2024, but it actually posted a $47 million profit — surely aided by Taylor Swift's Eras Tour concert film debuting on the platform in March.
However, Disney's streaming business as a whole (which also includes Hulu and ESPN+) lost $18 million during the quarter. That's still a vast improvement over the $659 million that side of the business lost a year earlier as Disney edges toward overall profitability in streaming.
This article originally appeared on Engadget at https://www.engadget.com/disney-will-start-showing-some-live-sports-from-espn-this-year-173524610.html?src=rss
Apple refreshed its iPads in a major way today with new launches in both the iPad Pro and iPad Air lineups. Both have significant hardware updates, but somehow the iPad Pro now weighs less than all of its Air equivalents.
The 11-inch iPad Pro is 0.98 pounds (444 grams for the Wi-Fi model and 446 grams with cellular), while the same size version of the iPad Air is 1.02 pounds (462 grams with no difference between the Wi-Fi and cellular models).
The weight difference is more evident in the 13-inch tablets — the iPad Air comes in that size for the first time. The 13-inch iPad Pro starts at 1.28 pounds (or 579 grams) for the Wi-Fi model, with the cellular version coming in three grams heavier. Meanwhile, though the Wi-Fi and LTE variants of the 13-inch iPad Air are only one gram apart, they both weigh 1.36 pounds, which is noticeably heavier than the iPad Pro.
Apple says the latest iPad Pro is the thinnest product it has made, with a switch to dual OLED panels helping make the tablet more slender than ever. On the flip side, that makes the name of the iPad Air a little janky at this point.
Sure, it's just a name and it doesn't matter that much. But at 1.03 pounds, the original Air was nearly half a pound lighter than the iPad 4. The latest model is essentially the same weight, but it's now heavier and chonkier than the iPad Pro, making Apple's premium tablets literally lighter than Air.
Follow all of the news live from Apple's 'Let Loose' event right here.
This article originally appeared on Engadget at https://www.engadget.com/the-m4-ipad-pro-is-literally-lighter-than-air-164942372.html?src=rss
Another Apple event is in the books and, as expected, the Let Loose showcase was all about iPad. We now have our first Apple device powered by an M4 chip in the iPad Pro, with the company surprisingly choosing to debut it there rather than in a Mac. There's also an upgraded iPad Air that's available in two sizes: 11 inches and 13 inches.
There are some accessory updates too, which isn't a big shock given that an Apple Pencil was prominent in the event's teaser image. So, without further ado, here's a rundown of everything Apple announced at its blessedly brief Let Loose event.
iPad Pro
It had been expected for a while that any updated iPad Pro would have an M3 chip, but Apple decided to upend the expectations of many by instead slotting the brand new M4 into its highest-end tablet. Apple says the new device delivers 50 percent faster performance than the M2 iPad Pro.
Rendering performance is said to be four times faster than on the M2 Pro as well. For the first time on an iPad, Apple is bringing support for dynamic caching, hardware-accelerated ray tracing and hardware-accelerated mesh shading to the Pro with the M4.
There are some power efficiencies here too. Apple says the M4 can deliver the same performance as an M2 using half the power. So, if you're using the tablet for tasks that aren't too strenuous, it stands to reason that the battery should last for longer.
The other major upgrade for the iPad Pro is new display tech called Tandem OLED. As the name suggests, it uses two OLED panels layered on top of each other. That means this tablet should have richer colors and deeper blacks on what Apple is calling the Ultra Retina XDR display. Apple says the brightness levels max out at 1000 nits for standard and HDR, and 1600 nits for HDR.
Despite the dual layer, the OLED panels are still thinner than an LCD display. To that end, Apple says the iPad Pro is now somehow thinner than an iPod nano (RIP, you beautiful thing), making it the company's most slender product ever. There's a nano-textured glass option for the first time on an iPad Pro too, but only if you opt for at least 1TB of storage.
One other notable change is that the Ultra Wide 12MP front-facing camera is now on the landscape edge. The Magic Keyboard users out there may be pleased about that tweak.
The new iPad Pro starts at $999 for the 11-inch model and $1,299 for the 13-inch, each with 256GB of storage. Add $200 to each of you want 5G cellular connectivity via eSIM.
We've already had a hands-on with the iPad Pro and, at first glance, the display seems like the show stealer.
M4
We have to chat a bit about what's powering the iPad Pro: the all-new M4 chipset. The Pro is the first Apple product to use the M4, even before any Mac.
The M4 has a new CPU with four performance cores and six efficiency cores. There's a 10-core GPU as well. Notably, the chipset's neural engine is focused on machine learning and AI. Apple says the neural engine is capable of 38 trillion operations per second — it's 60 times faster than the first neural engine that debuted in the A11 chip. AI features that the M4 will power on the iPad Pro will include real-time Live Captions, the ability to isolate subjects and remove backgrounds in videos in Final Cut Pro and automatic musical notation in StaffPad.
Odds are high that we'll start seeing Macs with the M4 pop up later this year, which might put folks off from buying the M3 MacBook Air Apple started selling just a couple of months ago (though the company says the MBA is now the best-selling 13-inch and 15-inch laptop on the planet).
The main reason for Apple skipping a silicon generation with the iPad Pro is likely to start a transition into AI hardware ahead of its Worldwide Developers Conference in June. Expect the company to talk much more about what it plans to do with AI across all its products next month.
iPad Air
Apple
The iPad Air was well overdue for an update after being stuck with an aging M1 chipset for over two years. The latest model (or models) boast an M2 chipset. Still recent enough to make it a notable upgrade from the previous Air while keeping the more powerful iPad Pro distinct.
As I mentioned, the iPad Air now comes in two sizes, the existing 11-inch form factor and the new, larger 13-inch variant. That makes the Air the most cost-effective large screen iPad as things stand. Oh, and the front-facing camera is also positioned on the longer edge of the Air now. Thanks, Apple.
The company has doubled the base storage from the previous generation to 128GB. The 11-inch model starts at $599 and the new 13-inch Air is $799. For 5G cellular connectivity, you'll need to pay $250 extra. As with pretty much everything else Apple showed off today, the new iPad Air will drop next Wednesday.
Apple Pencil and Magic Keyboard
Apple
There's a new Apple Pencil around town and it has some nifty tricks up its sleeve, including haptic feedback. The Apple Pencil Pro supports a new squeeze gesture too. If you rotate the barrel, you can change the orientation of brush and pen tools, just as you would with a pen and paper.
Find My support for the first time in an Apple Pencil is very welcome, considering how easy it is too lose the dang thing if you don't store it securely on the side of your iPad.
The Apple Pencil Pro costs $129. Preorders are open today and it ships on May 15.
Apple
Meanwhile, there's a new Magic Keyboard that's only compatible with the iPad Pro. This one is made from aluminum to give it a more premium feel and perhaps help users believe that the iPad Pro is the laptop replacement Apple has long envisioned its tablets being.
The latest version has a larger trackpad with haptic feedback, while there's a row of function keys, à la a more traditional keyboard.
The new Magic Keyboard also ships next week. If you want one for the 11-inch iPad Pro, it'll run you $300, while the larger variant is $350.
Follow all of the news live from Apple's 'Let Loose' event right here.
This article originally appeared on Engadget at https://www.engadget.com/everything-announced-at-apples-let-loose-ipad-event-161005007.html?src=rss
It's about dang time. During its Let Loose event, Apple announced it has updated the iPad Air for the first time in over two years. The latest model has an M2 chip, so it's not getting one of Apple's most recent chipsets, likely to keep costs down and differentiate it from the iPad Pro.
Perhaps more significantly, the company has introduced an iPad Air with a 13-inch screen for the first time. That means there are two variants, as the 10.9-inch format is sticking around. As such, the iPad Air and iPad Pro effectively have the same display sizes.
Rumors initially suggested that the 13-inch model would have a mini-LED display. That turned out not to be the case as it has a liquid retina display, but analyst Ross Young says Apple may unveil an updated iPad Air later this year that does have such a display.
Another of the updates isn't quite as notable, but it should be a great quality-of-life change for many folks. Apple has moved the front-facing camera to the landscape edge of the display. That means you should be more centered in the frame when your iPad is docked and you're on a video call. The placement of the front-facing camera has been one of our biggest iPad bugbears for years, and it's great to see Apple finally seeing sense and repositioning it.
Developing...
Follow all of the news live from Apple's 'Let Loose' event right here.
This article originally appeared on Engadget at https://www.engadget.com/the-new-ipad-air-comes-in-two-sizes-including-a-13-inch-model-141005701.html?src=rss
It's almost that time again, folks: we're about to find out about some of Google's big ideas for the year ahead at its I/O developer conference. Most of the big news will come from the opening keynote on May 14, which will almost certainly give us more info on Android 15 as well as a whole bunch of AI updates.
There will surely be some surprises, though we'll more than likely need to wait until the fall to get the full lowdown on the company's latest flagship hardware.
As always, the rumor mill has been churning away with a number of reports highlighting what Google is likely to discuss at I/O. To that end, here's what to expect from the Google I/O 2024 keynote:
Android 15
Photo by Sam Rutherford/Engadget
I/O is a developer conference first and foremost. This is always where Google gives third-party devs the full lowdown on the next major Android version so they can start working on apps for it or modify their existing products.
The first Android 15 betas are already out in the wild. Among the features are an updated Privacy Sandbox, partial screen sharing (so you can record or share a certain app window instead of the entire screen) and system-level app archiving to free up space. There's also improved satellite connectivity, additional in-app camera controls and a new power efficiency mode.
However, Google is saving the bulk of the Android 15 announcements for I/O. The company has confirmed satellite messaging is coming to Android, and we could find out more about how that works. Lock screen widgets may be a focus for tablets, while Google might place an onus on an At a Glance widget for phones. A status bar redesign may be in the offing, and it may at long last be easier for you to monitor battery health.
Wake words may once again be in the offing for third-party assistants such as Alexa and even ChatGPT. Rumors also suggest there may be a feature called Private Space to let you hide data and apps from prying eyes.
AI, and lots of it
Google
If you drop a dollar into a jar every time someone mentions AI during the keynote, you'll probably stash away enough cash for a vacation. The safe money's on Google talking about Gemini AI, which may end up replacing Assistant entirely. If that's the case, we could find out some of the details about the transition at I/O.
Back in December, it was reported that Google was working on an AI assistant called Pixie as an exclusive feature for Pixel devices. Pixie is said to be based on Gemini and may debut in the Pixel 9 later this year, so it would make sense for the company to start discussing that at I/O.
It wouldn't be a surprise to learn about generative AI updates for key Google products such as Search, Chrome, Maps and G Suite. AI-driven accessibility features and health projects may be in the offing too. Meanwhile, with Google once again delaying its plan to kill off third-party cookies in Chrome, it may see AI as a solution to ad targeting and spill the beans on any plan for that at I/O.
Everything else
Google
The full I/O schedule offers some insight into what else Google will discuss, even if those products and services won't necessarily get airtime in the keynote.
Google has lined up a panel on the future of Wear OS, which will include details on "advances in the Watch Face Format," so expect some news about its smartwatch operating system. There will also be updates on Google TV and Android TV.
Meanwhile, Google's quantum computing team will talk about what's feasible in the space and attempt to separate fact from fiction. An Android Auto panel is on the schedule too, hinting at developments for multi-display and casting experiences.
What not to expect: Pixel 9 or Pixel Fold
Photo by Cherlynn Low / Engadget
It would be a major surprise for Google to reveal a Pixel 9 or a new Pixel Fold this early in the year. The company is probably going to save those details for the fall ahead of those devices going on sale around that time. However, it did formally reveal the Pixel Fold at I/O last year, so we could get a glimpse of some hardware — especially if it wants to get out ahead of the leakers and control the narrative.
On the other hand, Google recently consolidated its Android and hardware teams under Rick Osterloh. His team may want a little more prep to make sure new devices are ready for primetime under the latest regime. As such, any hardware news (including anything to do with Nest or wearables) could be a little farther out.
This article originally appeared on Engadget at https://www.engadget.com/what-to-expect-at-google-io-2024-gemini-android-15-and-more-174535938.html?src=rss
Samsung is expanding its OLED TV range with a new entry-level lineup. It's introducing the S85 series alongside several additional sizes of the S90D.
The S85D includes many of the same features as more premium models, such as the NQ4 AI Gen2 Processor, 4K AI Upscaling capabilities and Pantone Validated Colors. Dolby Atmos, the Samsung TV Plus ad-supported streaming service and Samsung Gaming Hub are also included.
Samsung says the S85D also has Motion Xcelerator technology, as well as a "bold look and feel" thanks to its contour design (though as you can see above, it just looks like a modern TV). Having four HDMI 2.1 ports with support for 4K, 120Hz inputs on each is a welcome touch. One key tradeoff is that the display has a maximum 120Hz refresh rate, compared with the 144Hz of the S90 line.
The S85D models start at $1,700 for a 55-inch TV. A 65-inch model will set you back $2,100, while the 77-inch variant will run you $3,400.
The S90D (which initially had the same three sizes as the S85 lineup) will soon have a less-expensive entry point, with a 42-inch model that costs $1,400. A new 48-inch unit costs $1,600, while Samsung has added a 83-inch S90D that'll run you $5,400.
Samsung is positioning the S90D line as one that's ideal for gamers as the TVs use Motion Xcelerator Turbo+ to help minimize lag. The displays also offer OLED HDR+ for extra brightness and contrast.
These two lineups nestle alongside the higher-end S95D series, which offer OLED Glare-Free and HDR Pro tech. That line starts at $2,600 for a 55-inch model, running up to $4,600 for a 77-inch TV.
This article originally appeared on Engadget at https://www.engadget.com/samsung-adds-an-entry-level-series-to-its-oled-tv-range-150041922.html?src=rss