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Robinhood CEO's plan for the future sounds a lot like a bank

Newly public Robinhood has ambitions to be much more than just a stock-trading app, according to its CEO. In an interview with the AP, CEO Vlad Tenev said that, eventually, he wants to turn Robinhood into “the single money app” his users need.

Though Tenev didn’t use the word “bank,” his description certainly sounds more like a bank than the current iteration of Robinhood.

Over time, we want to be the single money app, the most trusted and most culturally relevant money app worldwide. So, everything that you use your money for, you should be able to do through Robinhood.

Anytime you receive a paycheck direct deposit, we’d like you to do that through Robinhood. Your emergency fund, your bill pay, your day-to-day spending, we’d like for customers to use us for that. And of course, all types of investing ranging from more discretionary investing to long-term retirement savings as well.

Tenev didn’t elaborate on exactly how these plans could take shape. And though it’s not necessarily surprising the company would want to expand the types of services it offers, the CEO’s comments will likely raise more than a few eyebrows.

The app, which became popular for its simple interface and commission-free trading, has also drawn criticism for many of its practices. The SEC fined the company $65 million last year, for misleading users about how it executes trades. It was also hit with a class action lawsuit earlier this year after it restricted trading on GameStop and other “meme stocks.” The company has also been accused of making the stock market feel too much like a casino, particularly for younger and less-savvy investors.

GarageBand can teach you how to remix songs from Dua Lipa and Lady Gaga

GarageBand creators have a bunch more tools at their disposal as of today, including sound packs from Dua Lipa and Lady Gaga. You can learn how to remix Dua Lipa's "Break My Heart" and Lady Gaga's "Free Woman" in the app.

Along with videos of the artists telling the stories behind those songs, the Remix Sessions include step-by-step tutorials, which you can play picture-in-picture. An Apple Retail Creative Pro will give some pointers on how to remix the tunes using a GarageBand Live Loops version of each song. You can play around with isolated vocals, instrumental tracks and beats to create completely different versions of the hits.

Apple says these Remix Sessions build on the Today at Apple workshops that take place at its stores (and online over the past year or so). Big names like Alicia Keys, Billie Eilish and Taylor Swift have previously been featured at in-store Music Labs.

There are also seven new GarageBand producer packs created by Boys Noize, Mark Lettieri, Oak Felder, Soulection, Take A Daytrip, Tom Misch and Trakgirl. Each contains royalty-free loops, samples, instruments, drum kits and more that aim to encapsulate the feel of each producer's work. The packs also include videos from the producers, in which they provide words of encouragement and info about their creative process.

Oak Felder said he hopes his pack can help even the playing field and make it easier for newcomers to start producing music. "There is a possibility that you, picking around and making beats on your iPad, can actually turn it into a side hustle," he said.

There's another producer pack which acts as a companion piece to Apple TV+ docuseries Watch the Sound With Mark Ronson. You'll be able to play around with GarageBand versions of samples, drum machines, vocal effects and other elements featured in the show, which premieres on Friday. All of these free downloads are now available from the Sound Library.

Airbnb adds built-in speed test to help hosts include WiFi info in listings

While Airbnb has for a long time allowed hosts to list how fast the WiFi connection is at their rentals, it’s not something you see detailed with every home, condo and apartment on the service. As the company continues to try to attract remote workers, it’s introducing a speed test tool hosts can access within the Airbnb app.

The tool itself is fairly simple. Provided you’ve switched to a host account, you’ll find it under the “Amenities” section of a listing, and it will only estimate your download speeds. When you complete a speed test, the app will share that information with Airbnb and M-Lab, the organization that provided Airbnb the open-source software the company used to build the tool.

According to a support document from the company, M-Lab will include your test results in a publicly available database it provides for internet researchers. More importantly, those who want to stay at your home or accommodation will see if your WiFi connection is suited to their needs. It should also help ensure listings have accurate estimates.

Airbnb considers anything above a consistent 7 Mbps as a “snappy” connection. “Guests can hang with family and friends on a video call or gather together to stream a rom-com,” the company says on its website. Airbnb has started rolling out the WiFi tool to hosts in the US, with global availability to follow in the coming weeks.

Nikola founder Trevor Milton indicted on fraud charges

Trevor Milton, the founder and former executive chairman of electric vehicle company Nikola, has been charged with two counts of securities fraud and one count of wire fraud by a federal grand jury. Milton has been accused of lying about “nearly all aspects of the business” to boost Nikola's stock.

The indictment claims Milton made it seem Nikola was much further along than it actually was in terms of having fully functional EVs. It asserts he had a hand in creating a video that made it seem a Nikola One prototype was able to move by itself when it was actually rolling down a slope.

Milton falsely claimed the company had “billions and billions and billions and billions” of dollars worth of preorder reservations and that the company was producing its own hydrogen at four times less than market rates, according to the indictment. He's also accused of falsely claiming that Nikola had developed "game-changing" battery technology, that it was developing and making several key components for its EVs in-house and that "the total cost of ownership of Nikola's trucks was 20-30 percent below that of diesel vehicles."

Prosecutors claim Milton, who resigned in September in the face of a Securities and Exchange Commission (SEC) probe, targeted and misled amateur investors (or "retail investors"). According to the indictment, some of those investors lost hundreds of thousands of dollars.

At Nikola's peak valuation, Milton held around $8.5 billion worth of stock, as CNBC notes. The grand jury argues that Milton should surrender property “traceable to the commission of said offenses.” That could include the over $1 billion Milton made when the company went public in June 2020.

The SEC also filed civil securities fraud charges against Milton on Thursday. The agency asked a district court to force Milton to forfeit "ill-gotten gains" and to pay a fine. It also called for a lifetime ban on Milton serving as an officer at a company that issues securities.

'Hawkeye' debuts on Disney+ on November 24th

Hawkeye, the next live-action Marvel Cinematic Universe series, will debut on Disney+ on November 24th, with new episodes to follow every Wednesday thereafter. Disney shared the news in an interview Entertainment Weekly published with series star Jeremy Renner. The article also includes a first-look screencap (below) showing Renner opposite co-star Hailee Steinfeld, who plays Hawkeye’s protégé Kate Bishop in the series.

Marvel Studios / Disney

With Hawkeye, Disney looks to continue the recent success it’s had with Marvel content. In June, Loki had Disney+’s most-watched premiere, beating out an already impressive debut showing from The Falcon and the Winter Soldier earlier in the year. At the start of July, Black Widow brought in more than $60 million in revenue solely from people willing to pay $30 each to watch the film from the comfort of their homes.

Uber will offer free Rosetta Stone language courses to drivers

Uber wants to overcome the language barriers you'll sometimes encounter when hailing a ride. The Vergesays Uber has partnered with Rosetta Stone to offer free language lessons through its Driver app. Both Uber and Uber Eats drivers can use the feature to learn any of Rosetta Stone's 24 languages. They'll even get material tailored to common ridesharing scenarios.

Drivers will need to have reached Gold, Platinum or Diamond status through the Uber Pro program in a qualifying country (including large parts of the Americas, the UK, India and Spain).

The courses arrive alongside another career initiative. Drivers in some countries (including many of those from the Rosetta program) can request an achievements letter that will help them with job applications.

Uber wasn't shy about the official rationale for both moves. Many of its drivers are either immigrants (and less likely to be familiar with local languages) or see languages and rideshare work as key to expanding their opportunities. Uber is aware that driving for the company might just be a "temporary stop" on a career path — this gives workers a better chance to move upward.

There are practical incentives for Uber. The more languages its drivers speak, the more likely those drivers are to get favorable ratings and encourage repeat business. The career incentives could also encourage more drivers to sign up for Ub in the first place, even if they ultimately spend less time in the role.

Huawei’s P50 lineup is powered by HarmonyOS 2 but lacks 5G

Huawei has revealed the P50 and P50 Pro, its first flagship phones that use HarmonyOS 2 from the outset. The company started rolling out the operating system to its existing devices in early June.

The switch to HarmonyOS was made in part due to US sanctions that have hit Huawei. Along with slowing down manufacturing and hobbling the company’s ability to source components with American technology, the restrictions led to Google shutting off Huawei from official Android updates. Huawei switched to an open-source version. It was also prevented from using Google apps and services on its most recent phones. There have been suggestions that HarmonyOS is actually a fork of open-source Android.

The sanctions also seem to have impacted Huawei's choice of processor in the latest handsets, too. The P50 and one of the P50 Pro variants boast Qualcomm's Snapdragon 888 4G chipset with Adreno 660 graphics. Qualcomm received permission in November to sell some chips to Huawei. The other models use Huawei's own Kirin 9000 processor, but there's no mention of 5G support for any of the devices.

Pick from the Cocoa Gold, Charm Pink, Golden Black, and Pearl White colourways & see your vision brought to life with the #HUAWEIP50Series.

Have a look for yourself: https://t.co/9dyKzOPM4r#LiveSmartWithHuaweipic.twitter.com/xJk2TVht3n

— Huawei Mobile (@HuaweiMobile) July 29, 2021

The P50 and P50 Pro, which are aimed at the Chinese market, boast 6.5-inch and 6.6-inch displays, with 90Hz and 120Hz refresh rates respectively. Both devices use the same hole-punch front-facing 13MP camera.

The P50 Pro's rear camera array includes 50MP color and 40MP mono True-Chroma lenses, a 13MP ultra-wide and a 64MP telephoto camera. The P50 has a 50MP True-Chroma camera, a 13MP ultra-wide and a 12MP telephoto lens. The devices are IP68-rated for their splash, water and dust resistance.

The phones both support 66W super-fast wired charging, and the P50 Pro offers 50W wireless charging. The P50 has a 4100mAh battery, while the P50 Pro has a 4360mAh capacity.

The P50 starts at 4,488 yuan (approximately $695) for a model with 8GB of RAM and 128GB of storage. It'll be available in September. The P50 Pro, meanwhile, will be available broadly on August 12th, starting at 5,988 yuan (about $927) for the same memory and storage capacity as the base P50. Huawei hasn't clarified if or when it'll sell the devices outside of China.

Apple's MacBook Air M1 is on sale for $850 right now at Amazon

Those looking for a new daily-driver should seriously consider the MacBook Air M1. Thanks to Apple's new processor, it's powerful enough to serve most people well and its new fanless design is a big improvement. The laptop normally starts at $1,000, but now you can get it for $850 on Amazon. That's a new all-time low and it's $50 cheaper than the price the laptop has been hovering at for the past few weeks.

Buy MacBook Air M1 (256GB) at Amazon - $850Buy MacBook Air M1 (512GB) at Amazon - $1,099

The base model comes with 8GB of RAM and 256GB of storage, but you can also grab the 512GB model for less now, too — $1,099 to be exact, or $150 off its normal price. The extra-storage models ship relatively quickly, but you'll have to wait until the end of August to get the base laptop in your hands. If you're willing to wait, this is the best sale we've seen on the MacBook Air M1 in months.

We consider the MacBook Air M1 to be the best Apple laptop for most people right now. The performance boost that the M1 chipset provides is impressive — sites load almost instantly, scrolling feels effortless and native apps run like clockwork. There's no fan inside the Air M1, so you'll get a quieter experience overall — no annoying whirring when you're pushing the machine to its limits. And the Air M1 should last all day (about 16.5-hours in our testing) so you can use it for work and play.

The Air M1's design is quite familiar, but that's not a bad thing. It's that familiar thin-and-light clamshell with a lovely 13.3-inch Retina display, a big and accurate trackpad and a comfortable keyboard. Yes, you'll have to deal with a 720p webcam and just two USB-C ports, but those are small prices to pay for an otherwise stellar machine.

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YouTubers have been rickrolled over a billion times

One of the internet's best-known videos just marked an important (and arguably overdue) historic moment. KIRO7notes that Rick Astley's video for "Never Gonna Give You Up" crossed 1 billion YouTube views on July 28th, putting the original Rickroll in the same rare company as clips from the latest pop stars.

Not surprisingly, Astley approves. He told Twitter followers the figure was "mind-blowing" and that he was "very lucky." He wasn't originally thrilled with the concept when it first took off, but his daughter eventually won him over by noting that it kept him well-known long after the song peaked in 1988.

This has been a long time in coming. Rickrolling started in earnest in 2007, when 4chan users started pranking people looking for one video by playing Astley's, and it quickly blew up to the point where Astley was performing at the 2008 Macy's Thanksgiving Day Parade. It's almost surprising this didn't happen sooner. Psy's "Gangnam Style" hit the billion-view mark in 2012, and it didn't have the benefit of a years-old meme.

Astley won't top the YouTube charts any time soon. Many videos are now in the billion-view club, and the leader ("Baby Shark," of course) has over 9 billion plays. It's still a rare feat, though, and it's how Astley got to 1 billion that helps him stand out — he's as much a part of internet culture as "Charlie Bit My Finger" and Nyan Cat, not just the artist du jour.

1 BILLION views for Never Gonna Give You Up on @YouTube<!Amazing, crazy, wonderful><br />Rick ♥️<a href="https://t.co/mzyLznTr4R">https://t.co/mzyLznTr4R</a><a href="https://twitter.com/hashtag/NGGYU?src=hash&ref_src=twsrc%5Etfw">#NGGYU</a><a href="https://twitter.com/hashtag/NGGYU1Billion?src=hash&ref_src=twsrc%5Etfw">#NGGYU1Billion</a><a href="https://t.co/p5xnn0OZcZ">pic.twitter.com/p5xnn0OZcZ</a></p>— Rick Astley (@rickastley) <a href="https://twitter.com/rickastley/status/1420479592486346757?ref_src=twsrc%5Etfw">July 28, 2021</a></blockquote></div><p></p>

Samsung’s 500GB T7 portable drive drops to $70 at Amazon

Samsung's T-series of portable SSDs has been a favorite of ours for a while thanks to its compact design, speedy performance and general versatility. Not only are they good options for photographers and content creators who work with large files regularly, but they're also good for students who want a reliable drive that can serve them for the entirety of their time at school. Now you can get the latest Samsung T7 drive in 500GB for $30 less than usual as Amazon has it for only $70. Other capacities are on sale, too: the 1TB model is down to $150, while the 2TB version will set you back $300.

Buy Samsung T7 (500GB) at Amazon - $70Buy Samsung T7 (1TB) at Amazon - $150Buy Samsung T7 (2TB) at Amazon - $300

The T7 is the latest in this lineup, along with the T7 Touch, which is essentially the same drive but with a built-in fingerprint sensor for an extra layer of security. Both drives have sleek aluminum unibodies that are roughly the size of a credit card, and they're protected against drops and shocks. The T7 also uses ePCM technology and Dynamic Thermal Guard to control heat levels, so it should never get too hot even when you push it to the limit. As far as speed goes, the T7 supports reads speeds up to 1,050 MB/s and write speeds up to 1,000 MB/s.

The T7 may not have a fingerprint sensor, but it does have optional password protection — that way you can prevent unauthorized persons from accessing your documents. It has just one USB-C port on it, but it comes with both USB-C and USB-A cables, so you can use it with nearly any device you have, including some game consoles. Overall, it's a solid drive to grab if you're looking for a no-fuss portable storage option for photos, important files and more.

And if you're looking for other storage gadgets like thumb drives and microSD cards, Amazon has a daily deal today that knocks 24 percent off a bunch of PNY gadgets. You can get things like a 256GB PNY Pro Elite Class 10 SD card for $35, a 256GB Pro Elite USB flash drive for $39 and a three-pack of 64GB Elite-X Class 10 microSD cards for $21.

Shop PNY one-day-only sale

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