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Meta could get slapped with a massive fine for violating the EU’s Digital Markets Act
01 Jul

Meta could get slapped with a massive fine for violating the EU’s Digital Markets Act

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In late June, the European Union shared its preliminary findings that Apple had violated the Digital Markets Act (DMA) — the bloc's first regulatory action since the law took effect in March. Now, it's Meta's turn, with the EU announcing Facebook and Instagram's owner has also breached the DMA. The European Commission first opened investigations into Apple, Meta and Google's parent company, Alphabet, shortly after the DMA became law.The Commission's preliminary findings on Meta focus on concerns about Meta's "consent or pay" model. Meta currently gives users the choice to have free access to its apps and consent to data…
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The Morning After: The US Treasury finalizes tax rules for crypto
01 Jul

The Morning After: The US Treasury finalizes tax rules for crypto

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Welcome to the first day of July. Summer is here in earnest, but let me keep you, briefly, indoors with tales of finalized rules for crypto in the US, and how Lego is making bricks from stardust.A new rule finalized by the US Treasury Department will ensure that people that dipped their toes into crypto (and crypto trading) are paying the proper amount on their sales. The new rule will require cryptocurrency platforms like exchanges and payment processors to report their users' transactions to the IRS. Brokers will have to start reporting sales proceeds on digital assets in 2026 for…
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The best Wi-Fi extenders in 2024
01 Jul

The best Wi-Fi extenders in 2024

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The best Wi-Fi range extenders do what they say on the box - extend your home’s Wi-Fi signal, eliminating dead spots around your home. With so many of us working from home, it’s important that your wireless network is robust, and that means being able to get a Wi-Fi signal in all areas of your home, including your basement or backyard. You don’t necessarily need to invest in a new wireless router or modem either, since Wi-Fi extenders connect to your existing home network and are often quite affordable. We tested out a number of Wi-Fi extenders to find out…
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Prime Day 2024 early deals: The best savings we could find before Amazon’s July event
30 Jun

Prime Day 2024 early deals: The best savings we could find before Amazon’s July event

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Amazon Prime Day 2024 is coming soon, so you still have time to sign up for a free trial of Prime before the shopping event begins. However, in typical Amazon fashion, we’re already starting to see early Prime Day deals pop up. The online retailer has gotten into the habit of teasing early Prime Day deals leading up to the big event, with most of them being available exclusively to Prime members. However, there are always some good tech deals on Amazon available to everyone at the same time. We’ve collected the best early Prime Day deals here so you…
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Detroit police can no longer use facial recognition results as the sole basis for arrests
29 Jun

Detroit police can no longer use facial recognition results as the sole basis for arrests

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The Detroit Police Department has to adopt new rules curbing its reliance on facial recognition technology after the city reached a settlement this week with Robert Williams, a Black man who was wrongfully arrested in 2020 due to a false face match. It’s not an all-out ban on the technology, though, and the court’s jurisdiction to enforce the agreement only extends four years. Under the new restrictions, which the is calling the strongest such policies for law enforcement in the country, police cannot make arrests based solely on facial recognition results or conduct a lineup based only on facial recognition…
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Extreme E is now Extreme H, a hydrogen-powered racing series starting 2025
29 Jun

Extreme E is now Extreme H, a hydrogen-powered racing series starting 2025

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Extreme E, the premium off-road EV racing series, is pivoting to hydrogen. The series announced this week that it’s rebranding to , and unveiled a hydrogen-powered race car it’s calling the Pioneer 25 to usher in the transition. The first season is slated to begin in April 2025 in Saudi Arabia, before heading to the UK, Germany, Italy and wrapping up in the US.Extreme E , putting electric off-road vehicles to the test of (as you might expect) extreme environments, like the desert. It got some major teams on board, . This year marks Extreme E’s fourth season. In a…
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The owner of Redbox has filed for Chapter 11 bankruptcy
29 Jun

The owner of Redbox has filed for Chapter 11 bankruptcy

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Chicken Soup for the Soul Entertainment, which acquired the movie rental service Redbox in 2022, has filed for Chapter 11 bankruptcy protection, Deadline reports. The company recently disclosed net losses of $636.6 million for 2023 in a SEC filing, and Deadline reported just a few days ago that it had suspended medical benefits and missed payroll, leaving employees without their paychecks for a week already. In a message to employees on Saturday, Chicken Soup for the Soul Entertainment said it had applied for a debtor-in-possession loan in an attempt to remedy the situation.“Upon court approval, we expect payroll to be…
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NASA and Boeing say Starliner astronauts ‘are not stranded,’ but will be on the ISS for a few more weeks
29 Jun

NASA and Boeing say Starliner astronauts ‘are not stranded,’ but will be on the ISS for a few more weeks

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NASA and Boeing plan to spend the next few weeks conducting tests on the ground in order to better understand issues with the Starliner spacecraft’s thrusters before giving its crew the go-ahead to fly back to Earth. But, officials insisted in a Friday afternoon, astronauts Butch Wilmore and Suni Williams are not “stranded” on the International Space Station. “We’re not in a rush to come home,” said Steve Stich, manager of NASA’s Commercial Crew Program.Starliner has been docked with the ISS since June 6 for what was meant to be a 10-day flight test all in all. During its approach…
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US Treasury finalizes crypto rules to prevent tax evasion
29 Jun

US Treasury finalizes crypto rules to prevent tax evasion

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While people who own and sell cryptocurrency have always had to pay taxes on their earnings, a new rule finalized by the US Treasury Department can ensure that they're paying the proper amount on their sales. The new rule will require cryptocurrency platforms like exchanges and payment processors to report their users' transactions to the Internal Revenue Service. According to The Wall Street Journal, authorities are hoping that the measure can deter tax evasion, seeing as the IRS would know exactly how much a taxpayer owes.At the same time, the rule will make it much easier for people for declare…
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One of our favorite cordless vacuums is $175 off at Amazon
29 Jun

One of our favorite cordless vacuums is $175 off at Amazon

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No, vacuums aren't the most exciting thing to buy, but they do make life a lot better — especially if you have a pet. A clean house can be a bit cheaper right now thanks to a 30 percent discount on Tineco's Pure ONE S15 Pet Smart Cordless Vacuum Cleaner. The vacuum for pets is down to $349 from $500, and there's an additional, clippable $25 coupon that will bring the final price down to around $325 — a new all-time low price on one of our favorite cordless vacuums.TinecoIt's currently $175 percent off.  Save $175 with $25 coupon$325 at…
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