Posts with «author_name|steve dent» label

UK government reveals 'robust' plans to regulate crypto

The UK government has detailed "ambitious" plans to regulate the crypto industry, with proposals on stronger rules for trading platforms, crypto lending, new token issues and more. The goal, it says, is to protect consumers and businesses, while enabling "a new and exciting sector to safely flourish and grow," it wrote in a press release

Last year saw the fall of FTX, Celsius and other crypto exchanges, along with wildly fluctuating prices for Bitcoin, Ethereum and other cryptocurrencies. As a result, critics in the UK have been calling for new rules that protect consumers from the "crypto wild-west," as the opposition Labour party's Tulip Siddiq put it.  

The UK government plans to strengthen rules around the operation of crypto trading firms like FTX, along with other financial intermediaries. The primary aim, it wrote, is to enhance consumer protection and the ability of exchanges to weather storms. As part of that, it's proposing what it calls a "crypto market abuse regime" that would create rules around money laundering and other illegal schemes. It also plans to strengthen laws around cryptocurrency lending. 

At the same time, the treasury department is introducing a time-limited exemption that would allow designated crypto firms to issue new tokens. Companies registered with the UK's Financial Conduct Authority (FCA) for anti-money laundering purposes would be allowed to issue coins while the new regulations are written. 

In January 2022, the UK government promised a crackdown on misleading crypto ads, but that now seems quaint given the tumultuous year that followed. At the time, the government figured that around 2.3 million people in the country owned a cryptoasset.

Today's proposal "delivers on the original policy intention of the measure to promote innovation, enhance consumer protection and ensure that cryptoasset promotions can be held to equivalent standards as promotions of financial services products with similar risk profiles," the government said. The consultation will close on April 30th, 2023, at which point regulators will review feedback and formulate a response. 

YouTube TV drops MLB Network after failing to renew deal

YouTube TV has dropped the MLB Network from its service after failing to renew its agreement, according to a statement from YouTube given to The Streamable. "You will also lose access to any previous Library recordings from this channel," the streamer wrote. "Members will be able to continue watching select national MLB games via coverage on FOX, ESPN, and TBS through our Base Plan."

The dispute appears to be over compensation, according to a statement from MLB Network. "YouTube TV has been unwilling to negotiate a fair carriage agreement... consistent with what close to 300 other US providers have agreed to for distribution." MLB Network was part of YouTube's $65 Base Plan and one of the few that carried 4K content as part of YouTube TV's 4K Plus add-on. 

The news isn't too tragic yet, as baseball season is still a couple of months away. YouTube TV has previously lost access to other channels including Disney's ESPN and ABC, but in the case of the latter, they were restored just a day later. That lends some hope that the streaming company can reach an agreement with MLB Network ahead of any disruption to games next season. 

In the meantime, "MLB Network remains widely available throughout the US, including on Altice USA (Optimum), AT&T U-verse, Charter Communications (Spectrum), Comcast, Cox Communications, DIRECTV, DIRECTV Stream, DISH, fuboTV, Sling TV, Verizon Fios and many others," MLB Network wrote. 

Amazon once again broke labor laws during New York unionization drive, judge rules

Last month, Amazon failed to overturn a Staten Island warehouse's vote to unionize and now it has taken another loss. A National Labor Relations Board (NLRB) judge has ruled that the the company broke federal labor laws in an effort to push back a unionization drive at that facility and another that voted against the union, The New York Times has reported. Amazon can still appeal the ruling to the NLRB's Washington board.

Federal administrative judge Benjamin Green ruled that Amazon supervisors unlawfully threatened wage increases and benefits if workers formed a union. The company also violated the law by removing a worker's post on a digital message board inviting co-workers to sign an Amazon Labor Union petition to make Juneteenth a paid holiday, the judge said. 

Several other complaints by the union were dismissed, however. Those include accusations that Amazon said take-home pay would fall in the case of unionization, and that it promised improvements in an educational subsidy program if workers voted against the union. The union also protested Amazon saying workers would be fired if they formed a union but failed to pay union dues. The latter was not illegal, the judge ruled, and the other complaints were overstated.

Amazon took all that as a positive. "We’re glad that the judge dismissed 19 — nearly all — of the allegations in this case," said spokesperson Mary Kate Paradis in a statement to the NYT. "The facts continue to show that the teams in our buildings work hard to do the right thing."

The judge set aside one decision brought by the labor board as to whether employers can force workers to attend anti-union meetings. That puts the ball in the court of the NLRB, which can overturn a 75-year old ruling. "I believe that the NLRB case precedent, which has tolerated such meetings, is at odds with fundamental labor-law principles," the labor board's lawyer Jennifer Abruzzo wrote in a memo last year

Spotify reaches 205 million Premium subscribers as losses mount

Spotify just released its Q4 earnings and announced that it now has 205 million premium subscribers, up 10 million from last quarter. It also made €3.17 billion ($3.43 billion) in revenue, so it exceeded expectations in both subscriber count and sales. It now counts nearly 500 million monthly active users including ad-supported and paid subscriber tiers. 

However, its losses continued with €270 million ($292 million) in red ink compared to €39 million in the same period last year, due to moves that chief executive Daniel Ek called "too ambitious." For all of 2022, the company reported a net €430 million loss ($466 million) on revenue of €11.7 billion ($12.7 billion). 

Spotify said that the losses were due to "higher personnel costs primarily due to headcount growth and higher advertising costs," along with currency fluctuations. That helps explain the company's actions last week, when it announced that it was laying off 6 percent of its workforce as part of a company-wide restructuring. 

As part of that, chief content officer Dawn Ostroff stepped down and Ek said that the company would "fundamentally change how we operate at the top," including his own role. At the time, Ek said that "in hindsight, I was too ambitious in investing ahead of our revenue growth." Looking ahead to the next quarter, Spotify forecasts that it'll hit a half-billion monthly active users and see a modest boost to 207 million premium subscribers. 

Apple's latest iPad Air models are $99 off right now

It's a good time to pick up one of Apple's latest M1-equipped iPad Air models, as they've dropped back down to all-time low prices. The 64GB WiFi model is now on sale for just $500, or $99 (17 percent) off, while the 256GB is available for $650, also $99 off the regular $749 price. Those are substantial savings on one of Apple's best iPads to date.

Shop 2022 iPad Air on Amazon

The M1 chip gives the 2022 iPad Air a substantial performance boost over the previous model, so it's a solid choice for content creation, gaming and other demanding apps. Throughput is also boosted thanks to the 10Gbps USB-C ports that have double the bandwidth of the last model. At the same time, battery life remains unchanged at an excellent 10 hours. All of those things make the 2022 iPad Air future-proof and helped it garner a top-notch 90 score in our Engadget review.

It has more than speed going for it. You get a 10.9-inch liquid Retina LCD display with Apple’s True Tone feature for optimizing the screen’s color temperature based on ambient light, to start with. It also comes with an improved 12-megapixel ultra wide front camera and supports the same accessories as the last model (keyboard cases, Magic Keyboard and Apple Pencil).

The main downsides are the relatively miniscule 64GB storage on the budget model, lack of Face ID and pricey accessories. Still, it's a huge leap over the previous model, and the $99 discount makes it a solid buy.

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US labor regulator says Apple violated employee's rights with restrictive work rules

The National Labor Relation Board (NLRB) has determined that Apple's rules around leaks violate worker's rights, Bloomberg has reported. Apple's actions and statements from executives "tend to interfere with, restrain or coerce employees" from exercising their rights, a spokesperson said in a statement.

The decision stems from complaints by former employees Cher Scarlett and Ashley Gjøvik. Scarlett alleged that Apple work rules "prohibit employees from discussing wages, hours or other terms or conditions of employment," in violation of labor laws. Gjøvik, meanwhile, complained that an email sent by CEO Tim Cook vowing to punish leakers violated federal laws. Apple's policies prohibiting staff from disclosing business information, talking to reporters and other actions were also illegal, Gjøvik alleged. 

In the email in question, Cook wrote that "we do not tolerate disclosures of confidential information, whether it's product IP or the details of a confidential meeting... people who leak confidential information do not belong here." That was in response to the leak of a company-wide meeting that was effectively tweeted live by a journalist, as TechCrunch noted.  

The NLRB will issue a complaint against Apple unless the company settles, the spokesperson said. Apple has yet to comment, but a company attorney previously said, "Apple fosters an open and inclusive work environment whereby employees are not just permitted, but encouraged, to share their feelings and thoughts on a range of issues, from social justice topics to pay equity to anything else that they feel is an important cause to promote in the workplace."

Gjøvik was fired by Apple in 2021 for leaking confidential information and told TechCrunch she believes she was let go in retaliation after filing an EPA report about toxic fumes in her office. She complained to the NLRB that she was let go illegally, but the board has yet to issue a ruling on that subject. 

The NLRB recently found that Apple violated federal law with anti-union meetings in Atlanta. Earlier this month, Apple agreed to review its labor practices, saying in an SEC filing that it would assess its "efforts to comply with its Human Rights Policy as it relates to workers’ freedom of association and collective bargaining rights in the United States by the end of calendar year 2023." 

China's biggest search engine is to set launch a ChatGPT rival in March

Chinese search giant Baidu aims to introduce a ChatGPT-like AI service that gives users conversational results, Bloomberg has reported. It'll be based on the company's Ernie system, a large-scale machine-learning model trained over several years that "excels at natural language understanding and generation," Baidu said in 2021

Open AI's ChatGPT has taken the tech world by storm of late, thanks to its ability to answer fact-based questions, write in a human-like way and even create code. Microsoft invested $1 billion in Open AI back in 2019, and reportedly plans to incorporate aspects of ChatGPT into its Bing search engine. 

Google, meanwhile, likely sees the technology as a threat to its search business and plans to accelerate development of its own conversational AI technology. CEO Sundar Pichai reportedly declared a "code red" over ChatGPT and may be preparing to show off 20 or more AI-products and a chatbot for its search engine at its I/O conference in May. 

Baidu has reportedly seen lagging growth in search and sees ChatGPT-like apps as a potential way to leapfrog rivals. "I’m so glad that the technology we are pondering every day can attract so many people’s attention. That’s not easy," he said during a talk in December, according to a transcript seen by Bloomberg.

ChatGPT has largely drawn positive attention, but the downsides have come into focus as well. Technology news site CNET was forced to correct AI-written articles due to errors and concerns about plagiarism. And New York City public schools recently banned ChatGPT over cheating concerns, because it can create articles and essays that can be difficult to distinguish from student-created content. 

San Francisco asks California regulators to halt or slow the rollout of driverless taxis

San Francisco city officials have sent letters to the California Public Utilities Commission (CPUC) asking to slow or halt the expansion of Cruise and Waymo robotaxi services in the city, NBC News has reported. San Francisco Transportation Authority (SFTA) officials wrote that unlimited expansion would be "unreasonable" in light of recent safety incidents in which vehicles blocked traffic and interfered with emergency vehicles. 

Alphabet's Waymo and Cruise, owned by GM, both operate fully driverless services (without backup drivers) in the city. Last June, Cruise gained permission to charge for rides in set areas of the city between the hours of 10PM and 6AM. Waymo is allowed to give driverless vehicle rides but is waiting for another permit before it can charge for them. 

“A series of limited deployments with incremental expansions — rather than unlimited authorizations — offer the best path toward public confidence in driving automation and industry success in San Francisco and beyond,” the letter reads.

The services have had their challenges. A small fleet of Cruise robotaxis in San Francisco suddenly stopped operating on a street in the city's Fillmore district, blocking traffic for several hours. Another Cruise vehicle was pulled over by confused cops and then promptly went on the lam. Cruise vehicles also reportedly interfered with emergency responders, and the NTSA recently opened a probe into Cruise's self-driving vehicles over hard braking, traffic blocking and other issues. 

However, Cruise pointed out that the service has been safe so far. "Cruise’s safety record is publicly reported and includes having driven millions of miles in an extremely complex urban environment with zero life-threatening injuries or fatalities,” a spokesperson told NBC News.

The letters may have been prompted by Cruise's stated plans to operate its robotaxi service 24 hours a day rather than just at night. It's been approved for that by the California DMV, but is waiting on permission from the CPUC. (Both companies also operate driverless ride services in Phoenix, and Cruise's self-driving taxis are available in Austin, Texas as well.)

The SFTA isn't against the 24/7 expansion, but has requested more data like how often and for how long Cruise's vehicles block traffic. It also wants robotaxis to stay off primary routes during rush hour until they prove they can operate "without significant interruption of street operations and transit services."

Google agrees to provide clearer information on its services to EU users

Google has agreed to provide clearer information to users browsing Google Store, Google Play Store, Google Hotels and Google Flights in Europe, the EU Commission announced in a press release. It will soon show whether it's acting as an intermediary or selling products directly, and better inform consumers about deliveries, returns and repairs and more. It's making the moves to comply with EU regulations following a dialogue with the Consumer Protection Cooperation Network (CPC) that started in 2021. 

"EU consumers are entitled to clear, complete information so that they can make informed choices," said commissioner for justice Didier Reynders in a statement. "The commitments made by Google are a step forward in this direction."

Google Flights and Google Hotels will soon make clear to consumers whether they're selling directly or merely acting as an intermediary for other companies. They must also state what was used as a reference price for discounts, and clarify that Google Hotels reviews aren't verified. Finally, they must conform to the same transparency rules followed by other platforms like Expedia.com. 

Meanwhile, Google Store and Google Play Store must provide "clear pre-contractual information" on delivery prices, right of withdrawal and repair or replacement options. They must also make it easy to find information on vendors including their legal name and address, along with "direct and effective" methods of contact, like live telephone agents. 

Finally, it must show users how to provide different country versions of the Google Play Store to conform to EU geo-blocking regulations, while allowing them to use payment from any EU country. As it stands now, Google restricts changes to country of residence to once a year, which can cause users to lose content or any credit. The change is designed to let consumers "enjoy the same rights and access the same content, wherever they are in the EU." Neither Google nor the EU Commission have yet to say when the changes will go into effect. 

Samsung's Galaxy Buds 2 are $55 off right now

With the launch of the Galaxy Buds 2 last year, Samsung brought premium features like active noise cancellation (ANC) to its entry-level headphones, while keeping the same $150 price as the Galaxy Buds+. If that's still too much money, you can now grab a pair at Amazon in multiple colors for just $95, for a savings of $55 or 37 percent. 

Buy Samsung Galaxy Buds 2 at Amazon - $95

The Galaxy Buds 2 received a solid 84 Engadget Review score thanks to a number of big improvements. The biggest is the addition of ANC, along with an adjustable ambient sounds mode. While the ANC doesn't block external sounds as well as more expensive earbuds, it's a big improvement over simple passive noise cancellation They also offer improved sound quality, with ample base and balanced sound. It also offers EQ presets and the ability to control features using the Galaxy Watch 4.

They're 15 percent small and 20 percent lighter than the Galaxy Buds+, making them he company's smallest and most comfortable earbuds to date. Battery life isn't incredible at 5 hours (with ANC enabled), but the case holds an additional three full charges and it supports Qi wireless charging as well. Call quality is solid thanks to AI that helps reduce background noise.

All those features make the Galaxy Buds 2 a very solid buy, particularly at the $95 sale price that's just off the all-time low. They're designed to work best with Android devices, though so iPhone users will probably want to look elsewhere.

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