insert_link Tech Made Simple Facebook’s “Metaverse” Rebrand is Coming… Facebook CEO Mark Zuckerberg still hasn't settled on a new name for the company even though a rumored rebrand could arrive in a matter of days, tech newsletter Platformer reported. The coming name change, which CEO Mark Zuckerberg plans to talk about at the company’s annual Connect conference on October 28th, but could unveil sooner, is meant to signal the tech giant’s ambition to be known for more than social […] todayOctober 27, 2021
insert_link Tech Made Simple Treasury to issue new Cryptocurrency Sanctions after Ransomware Attacks The Biden administration is preparing to issue a series of actions, including sanctions, to make it more difficult for hackers to profit off of ransomware attacks through the use of digital currency, as first reported by the Wall Street Journal on Friday. According to the Journal, the U.S. Treasury Department plans to impose these new sanctions as soon as next week. The sanctions would reportedly target specific traders and cryptocurrency […] todaySeptember 23, 2021
insert_link Tech Made Simple Facebook loses bid to block a potentially major change to EU data sharing The Verge reports that Ireland’s High Court has dismissed Facebook’s bid to block a European Union privacy regulation — created by the Irish Data Protection Commission (IDPC) — that could interrupt the flow of data from the EU to the US, The Wall Street Journal reports. Facebook first appealed the order in part because it claimed the Commission and the EU’s other privacy regulators were moving too quickly and hadn’t given the company […] todayMay 19, 2021
insert_link Home Improvement Your Home Improvement Project may have just become a LOT more Expensive Business Insider reports that many home-improvement goods including appliances, paint, and fertilizer are getting more expensive as companies continue to announce price hikes to combat shortages and rising shipping costs. Price tags on consumer goods have risen over 10% from a year ago, The Wall Street Journal reported over the weekend, citing NielsenIQ. Demand for home improvement items caused by the work-from-home boom has pushed prices to new highs and […] todayMay 13, 2021
insert_link Tech Made Simple The CFPB is investigating Venmo’s Collection Practices The Wall Street Journal reports that the Consumer Finance Protection Bureau (CFPB) is investigating money transfer app Venmo over the way it handles collections, a new regulatory filing shows. The filing shows Venmo owner PayPal received a Civil Investigative Demand from the CFPB on January 21st, “related to Venmo’s unauthorized funds transfers and collections processes, and related matters.” PayPal said in a statement emailed to The Verge that it was […] todayFebruary 10, 2021
insert_link Tech Made Simple Use of Clearview AI facial recognition tech spiked as law enforcement seeks to identify Capitol mob Clearview AI’s CEO says use of his company’s facial recognition technology among law enforcement spiked 26 percent the day after a mob of pro-Trump rioters attacked the US Capitol. First reported by the New York Times, Hoan Ton-That confirmed in an interview with The Verge that Clearview saw a sharp increase in use on January 7th, compared to its usual weekday search volume. The January 6th attack was broadcast live […] todayJanuary 13, 2021
insert_link Tech Made Simple Amazon buys Wondery as it vies for Podcast Domination Amazon and Wondery announced an acquisition deal on Friday, ending speculation about who might eventually buy the network, which is most well-known for true crime podcasts like Dirty John. (Apple and Sony were also reported to have at least discussed a possible purchase.) Amazon didn’t disclose the acquisition price, although earlier reports from Bloomberg and The Wall Street Journal suggested Wondery’s value was at least $300 million. Wondery would technically […] todayJanuary 4, 2021
insert_link Food & Drink The Plant-Based Meat Trend Continues: Sales in the US are up a whopping 264 percent since March While treats like chips, popcorn, and ice cream (and for some reason, oat milk) topped grocery purchases during the first few weeks of COVID-19 lockdowns, more Americans continue to turn to a different comfort food: plant-based meat alternatives. Grocery store sales of products like Impossible Burgers, Beyond Meat products and Tofurky were up 264 percent during a nine-week period ending on May 2nd, according to Nielsen (via The Wall Street […] todayMay 21, 2020
insert_link Fashion Coronavirus Will Have Long-Term Effects On The Fashion Industry Despite already seeing significant effects, the fashion industry has yet to feel the brunt of the repercussions — financial and otherwise — caused by the global outbreak of COVID-19. The arrival of coronavirus in Italy on February 21 coincided directly with Milan Fashion Week, which ran from the 18th to the 24th, causing some attendees to cancel their trips and head home early, while some designers — including, notably, Giorgio […] todayMarch 16, 2020
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