AT&T and Verizon Communications said they would slowly lift self-imposed limits on their 5G network expansion. The companies and regulators said the schedule would give airlines ample time to retrofit aircraft. The wireless companies earlier this year agreed to delay the launch of a sliver of their fifth-generation wireless service.
Telegram is rolling out a premium tier with additional features to its messaging app. The firm did not disclose how much it is charging for the premium tier. The monthly subscription appears to be priced in the range of $5 to $6. The move is an attempt to keep its development ‘driven primarily by its users, not advertisers,’ it said.
TikTok announced Friday that it would move US users' data to Oracle servers. The company has faced criticism for potentially exposing US users’ data to China, where its parent company is based. A report from BuzzFeed News claims TikTok employees in China accessed US users's data over several months.
US senators want to see a common charger standard to reduce e-waste. The European Union will require USB-C chargers starting in 2024. A US standard would prevent companies like Apple from reverting to proprietary connectors. Apple is rumored to be moving to USB- C for the next iPhone and iPad.
Google and OpenAI are among companies that have developed artificial intelligence models that generate images based on text. Pictures from a publicly-available tool called DALL-E Mini have become trendy on social media. As with other AI technologies, there are moral and ethical concerns about how the products will be used.
Employees at an Apple store in Towson, Maryland voted Saturday to join the International Association of Machinists and Aerospace Workers. The tally was 65 votes in favor and 33 opposed out of approximately 110 eligible employees. The Towson store is the first unionized Apple store in the U.S.
Bitcoin fell to about $17,749, and ether fell to about $897 on Saturday afternoon, as the sell-off in the crypto market accelerates.
Bitcoin bounced back to around $18,955 and ether was trading at about $955 just after 8 p.m. ET. Bitcoin peaked at $68,789.63 in November.
Apple is planning to further advance its display technology as soon as 2024. According to a new report from analyst Ross Young, it is “looking increasingly likely” that Apple will release a MacBook with an OLED display sometime in 2024. The company is also continuing its work on iPad Pro models with OLED displays as well.
Andy Jassy spent years running one of the fastest-growing divisions in a company famed for its rapid expansion. Nearly a year after taking over as chief executive of Amazon he’s learning how to tap the brakes. Amid one of the worst stretches for financial performance in Amazon’s history, Mr. Jassy is working to cut back the excesses of an e-commerce operation the company expanded at breakneck pace during much of the Covid-19 pandemic. At the same time, he’s trying to resuscitate languishing sales in that business and drive growth in other divisions.
UK government has closed its £300 million electric car rebate program. This will leave the UK as the only large European country without any incentives for electric cars. Automakers there say that while the decision was not a surprise, it is still regarded as “hugely disappointing”
Amazon's annual Prime Day event will run July 12-13. The company will offer discounts on its own products and select products from other companies. The event is aimed at driving sales and subscriptions for Amazon's Prime service. Amazon has come under fire for poor treatment of workers in the past.
Gaming platform, a virtual retail spot, a training tool, an advertising channel, a digital classroom, a gateway to entirely new virtual experiences. While the metaverse continues to be defined, its potential to unleash the next wave of digital disruption is clear. In the first five months of 2022, more than $120 billion have been invested in building out metaverse technology and infrastructure. That’s more than double the $57 billion invested in all of 2021.