Month: November 2022
Starlink is getting daytime data caps
Starlink is about to feel a little more like other ISPs, with a new data policy that mimics Anytime Minutes from the bad old days of highly restricted cellphone service. The satellite internet division of SpaceX will start throttling home internet for customers who use more than 1TB of Priority…
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Nations get tough on cryptocurrency to tackle ransomware attacks
Audio player loading… 36 nations led by the US have agreed to improve ransomware prevention measures, specifically concerning the use of cryptocurrencies to fund such activities. Held at the White House, the International Counter Ransomware Initiative summit was far more explicit on cryptocurrency than it was during its inaugural outing…
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The execs behind the MoviePass debacle are now facing criminal charges
That they falsely claimed MoviePass’s $9.95 “unlimited” plan was tested, sustainable, and would be profitable or break even on subscription fees alone. That Farnsworth and Lowe knew MoviePass did not have non-subscription revenue streams that would make MoviePass self-sufficient or otherwise offset its losses. Falsely claiming that MoviePass’s cost of…
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Apple settles with former employee accused of stealing trade secrets
Apple has settled its lawsuit against Simon Lancaster, a former design architect, who the company accused of stealing trade secrets and sharing them with a journalist. The company filed its suit in March 2021, and the settlement order was approved by a judge this week. “Despite over a decade of…
Read MoreVirgin pulls its name from Hyperloop One (update)
Virgin Hyperloop, the startup attempting to bring Elon Musk’s vision of high-speed trains to life, has changed its name. At some point in the last few weeks, the company quietly changed its name back to Hyperloop One, the brand it used between 2016 and 2017. In a statement, Virgin Group…
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Musk orders Twitter to slash cloud and other tech infrastructure costs
Audio player loading… Twitter employees have been tasked with finding $1 billion in annual infrastructure cost savings by new CEO and owner Elon Musk An internal Slack message originally reported by Reuters (opens in new tab) saw workers at the social network told to save between $1.5 million and $3…
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