Season two of Prime Video’s Wheel of Time had a lot of high-stakes fantasy storylines to explore—but none so moving or haunting as the ordeal of Egwene, played in the Robert Jordan adaptation by Madeleine Madden. io9 got a chance to speak to the actor about her character’s harrowing, powerful journey.
The European Union opened a formal investigation into Elon Musk’s X on Monday examining the platform’s role in spreading ‘illegal content’ around the Israel and Hamas war. X has come under fire recently for antisemitic content on the platform, losing a slew of advertisers in the process.
Adobe is abandoning its planned $20 billion acquisition of Figma after the companies determined that there was no clear path to obtaining approval from UK and European Union regulators. The two sides have signed an agreement that fully resolves all aspects of the Adobe-Figma merger termination. Adobe will pay the collaborative design platform a previously agreed $1 billion termination fee after failing to overcome regulatory hurdles.
In November, the UK’s Competition and Markets Authority (CMA) and the European Commission both cited concerns over the proposed acquisition’s impact on competition. The CMA said in its provisional findings that that the merger would “eliminate competition between two main competitors.” The watchdog said it was considering either blocking the deal or requiring Adobe to sell Figma’s core product, Figma Design, along with Adobe XD.
Earlier on Monday, Adobe claimed that it wouldn’t offer the CMA any potential remedies. “It is clear that no realistic remedy would satisfy the concerns the CMA is maintaining,” an Adobe spokesperson told Bloomberg. “We believe that the best path forward is to continue our ongoing engagement with the CMA on the merits.”
Last month, the EC sent Adobe a Statement of Objections, in which it warned the company that its planned purchase of Figma “may reduce competition in the global markets for the supply of interactive product design software and of other creative design software,” such as vector editing tools (i.e. Illustrator and its ilk) and Photoshop-style raster editing tools. The EC planned to make a final decision on the merger by February 5. Adobe had indicated it was willing to offer possible remedies to appease European regulators, but it appears that’s no longer the case.
“Adobe and Figma strongly disagree with the recent regulatory findings, but we believe it is in our respective best interests to move forward independently,” Shantanu Narayen, Adobe chair and CEO, said in a statement. “While Adobe and Figma shared a vision to jointly redefine the future of creativity and productivity, we continue to be well positioned to capitalize on our massive market opportunity and mission to change the world through personalized digital experiences.”
Adobe also anticipated a potential lawsuit from the US Department of Justice in an attempt to block the deal Stateside. The company and Figma reportedly met with DOJ officials last week to try and secure approval for their merger.
This article originally appeared on Engadget at https://www.engadget.com/adobe-walks-away-from-its-20-billion-figma-acquisition-amid-regulatory-scrutiny-132203336.html?src=rss
As a precocious teen looking to improve my college application, I sat in on a business studies class. I figured taking two extra A-Levels at night school alongside those I took during the day would make me irresistible to admissions tutors. The class I watched examined if it was worth a large factory keeping its own trucks and drivers in-house rather than outsourcing them. The data showed selling the trucks and firing the workers was more expensive in the long run, and yoked the company to the whims of any third-party logistics company in the local area. Not to mention, if you don’t own a mission-critical component of your business, you’re a lot less powerful when negotiating with your suppliers. But the teacher, and the class, all agreed it was smart to sell it all because it made a bigger profit in the quarter and was cheaper for the next two years. These people had never considered if something bad would happen, and how to prepare for it. It was at this point I realized my values were out of step with the commercial orthodoxy and opted not to take the course.
I mention this because I’ve always thought the people in the tech industry with all the money are probably halfway savvy about how All Of This Is Meant To Work. I’d told myself that what, to me, appeared illogical and self-defeating was because they were playing a game of six-dimensional chess on a board I was too dim to see. Unless, of course, the economics of our industry are so unmoored from reality that everyone’s just pretending, or deluding themselves. And more than a decade of cheap money and lax regulation means everyone’s behaved a little bit sillier than they should have. Now the lights are coming up and everyone’s looking to see what’s actually going on, there’s nowhere for these apparently smart people to hide.
It’s stopped making sense for investors
The Silicon Valley mindset is easy to grasp: If you’re lucky enough to have spare cash, put a small bit of it behind some kids with a big idea. All it takes is for one of those bets – emphasis on the word bet – to win and you’ll get a slice of some pretty big profits. In an era where zero interest-rate policies mean it’s almost free to rack up extraordinary debt, it’s a better route than heading to Las Vegas with your 401k. Not to mention the special cachet and attention you can garner by presenting yourself to the world as a “guru.” But you might have noticed that a lot of high-profile bets haven’t been coming off of late, wasting a lot of cash in the process.
Take WeWork, which this year filed for Chapter 11 after working its way through $16.9 billion since 2014. What logic can we apply to its main backer, Softbank CEO Masayoshi Son*, to justify him burning the GDP of Jamaica on such a venture? Especially when Regus, which performs the same decidedly un-techy role of renting temporary office space, owns its properties and makes a small but regular profit every non-COVID year, was available to buy outright for a fraction of the cost? How did this amount of money pass from one company to another without any sort of internal or external oversight? And why did he think that WeWork’s nicer interior design and a beer tap on every floor was such a big draw? The only theory that holds water is that Son was so blindsided by promises of vast future profits (from office rental) that he lost any sense of self-restraint.
That mix of cheap credit and the promise of unbelievable future returns can be applied across the tech industry, too. It might help explain why the cost of streaming has leapt so high while the catalogs available have shrunk. The studios weren’t hurting for profit in the days before Netflix, but the fact it was valued like a tech company enabled it to rack up huge debts. That led plenty of studios to leap onto the bandwagon in the hope of getting some of that mythical profit. In the early days, the hope was that the sheer number of people paying for content would balance out the low cost. But now growth has stalled and there’s still $14.30 billion of debt, plus an audience with an ever-increasing desire for new content.
It’s stopped making sense for consumers
The debt swinging around Netflix’s neck, and the necks of those who followed it into the streaming world save for Amazon, Apple and Warner Bros***, is directly related to this gold rush. And it’ll need to be paid off to the investors and banks who handed over billions of dollars in expectation of vast rewards further down the line. Which is why the cost of a standard Netflix subscription has pretty much doubled since 2011 – with Premium plans now costing $23 a month. Given the scattershot nature of streaming libraries and the fact Netflix can’t be your sole source of entertainment, most consumers have more than one subscription going at the same time. That’s been fine, more or less, while times are good, so what happens when the world’s economies all start to slow down and you’re looking to make room in your monthly budget?
It’s worth remembering new technologies are expensive, both in cost and how much time and effort you spend to get to grips with them. But while technology has had some world-changing hits in the past – personal computing, the internet, smartphones and, uh, social media – it’s been a while since we’ve had anything that big. But the industry can’t help but keep hyping the next big thing even if it’s obvious to anyone with eyes that it’s not going to be a winner. We’re at the peak of the hype cycle for machine learning, which its boosters tell us will automate us all into obsolescence in a decade or so**. The problem is, whenever you actually sit and try to use a generative AI, the results are underwhelming, so great is the gap between the promise and the reality. Take Google’s new AI which managed to give fake answers to spreadsheet-level questions like who won an Academy Award last year. You can already see the itchy feet of those hoping the Humane Pin will be the Next Big Thing despite its risible introduction video.
Consumers lose out here not just because of these expensive boondoggles but because they suck up all the oxygen from everything else. Many of these technologies were designed not to solve real-world problems, of which we have plenty, but to dazzle investors, placate Wall Street and dupe credulous buyers. It doesn’t help that generative AI, like crypto before it, uses a significant amount more energy than it should, exacerbating climate change. Sadly, when all the attention and money shifts to the next thing, we’ll all be poorer for it, both for the folks who were duped into reading machine-written articles about the importance of volleyball, and the folks who got laid off because some genius thought GPT-3 would do a better job without oversight.
It’s stopped making sense for workers
Embracer Group is a Swedish game publisher that loaded up on debt to buy every small studio and IP it could get its hands on. In 2018, CEO Lars Wingefors told GamesIndustry his company would eschew a “fewer, bigger, better” strategy in favor of a “diversified” lineup. In 2021, it said it had access to more than $2 billion in cash and credit to continue its spending spree, bankrolling a slew of newer, smaller titles. That included reviving TimeSplitters developer Free Radical to start work on a new game in the long-dormant cult series.Two years after that, the company admitted that a deal worth $2 billion in revenue over six years had fallen apart and that it would have to cut costs. Free Radical has now been closed, putting the last two years’ worth of work on the shelf and close to 1,000 people across Embracer have lost their jobs.
Across the industry, countless jobs have been lost as even profitable companies look to trim their headcount. Spotify CEO Daniel Ek even said the quiet part out loud when admitting the company “took advantage of the opportunity presented by lower-cost capital” to staff up. Now that the economic situation has shifted, and money isn’t as cheap as it used to be, the company is letting 1,500 people go less than a month before the holidays. Big names who have also trod the same path this year include (deep breath) Amazon (multiple times), ByteDance, LinkedIn (twice), Epic Games, Lyft, Metabook, Dell, Google and Microsoft.
Reality’s going to hit us in the face like a shovel
When I was a kid, a relative worked for a company that made and sold slot machines for adult gambling. I must have been 10 when he came over and set up a game where he gave me a pound in 2p pieces, which I could wager on the outcome of a deck of cards. He’d rigged the game so that, despite all of the pledges to double my cash as my funds shrunk, I’d wipe out. It was a valuable lesson in why it’s not a smart idea to gamble your money, given by someone who saw it up close and personal every day.
The other lesson he taught me was the vow of gratitude he would utter often, which was doubly amusing given his atheism. Whenever there was a bad story in the news, or a tale of corporate woe closer to home, he’d say “there but for the grace of God go I.” Because he knew that so much of what happens in our lives is governed by chance, so it’s pointless to claim it was wisdom. We should always remember that none of us are untouchable, and that the worst phrase in the English language is “what could possibly go wrong?” It’s just a shame that so many of the supposed great minds in the technology industry didn’t get the chance to learn this lesson when they were young enough to appreciate it.
* Wikipedia – hardly a symbol of partisanship – has gone studs-in on Son. At the time of writing, his biography says “his reputation as an investor rests almost solely on his $20 million initial investment in Alibaba Group in 2000.” Given the rest of his track record – and the fact he is presently in debt to his own company to the tune of several billion, ouch.
** I do wonder how many of its backers who spend their days worrying about Roko’s Basilisk have thought about how they’ll be treated by the 85 million or so people suddenly forced into serfdom.
*** Warner Bros. malaise is more directly related to the debt tied to the various buyouts and sales that has seen it shifted from one corporate parent to another. Not that the streaming wars has helped here, but it’s fair to say that its problems are a different realm to those of its peers.
This article originally appeared on Engadget at https://www.engadget.com/2023-was-the-year-the-economics-of-tech-caught-up-with-reality-153052312.html?src=rss
Truly uncanny.
Apple’s recent move to block Beeper Mini, the app that lets Android users chat with iPhone through the iMessage protocol, has caught the eye and a fair bit of ire of several U.S. congresspeople. Now lawmakers are calling for an investigation into the tech giant over “potential anticompetitive treatment” of the smaller…
If you’re planning to buy an Apple Watch Series 9 or Apple Watch Ultra 2, you may want to act quickly. Apple says it will soon suspend sales of both devices in the US due to a patent dispute over the blood oxygen sensor on the wearables.
“A Presidential Review Period is in progress regarding an order from the US International Trade Commission on a technical intellectual property dispute pertaining to Apple Watch devices containing the Blood Oxygen feature,” Apple told Engadget in a statement. “While the review period will not end until December 25, Apple is preemptively taking steps to comply should the ruling stand. This includes pausing sales of the Apple Watch Series 9 and Apple Watch Ultra 2 from Apple.com starting December 21, and from Apple retail locations after December 24.”
The Apple Watch SE will remain available for purchase as it doesn’t have a blood oxygen sensor. Previously purchased Apple Watch units that include the blood oxygen feature are unaffected (the Apple Watch Series 6 was the company’s first device to offer blood-oxygen monitoring). The Apple Watch Series 9 and Watch Ultra 2 will still be available to buy outside of the US.
Medical tech company Masimo sued Apple in 2021 over alleged violations of patents related to light-based blood-oxygen monitoring. In October, the US International Trade Commission (ITC) upheld a judge’s ruling from earlier this year that the Apple Watch did violate Masimo’s patents.
The ITC’s order blocks all Apple Watch Series 9 and Ultra 2 imports to the US after December 25. Other retailers, such as Amazon and Best Buy, can continue to sell the devices for the time being, as 9to5 Mac first reported.
Following the ITC’s decision, the case went to the White House for a 60-day Presidential Review Period. Although President Biden has one more week to decide whether to veto the ITC ruling, Apple has opted to preemptively comply with the commission’s decision.
Apple plans to lodge an appeal with the Federal Circuit. It can also reach a settlement with Masimo or issue software updates that nullify patent infringements (likely by deactivating blood oxygen features). Apple will provide more information on the situation after the Presidential Review Period expires on December 25.
The US Trade Representative will also review the ITC’s order. It has the option to disapprove of the ITC’s action due to policy reasons.
“Apple’s teams work tirelessly to create products and services that empower users with industry-leading health, wellness, and safety features,” the company said. “Apple strongly disagrees with the order and is pursuing a range of legal and technical options to ensure that Apple Watch is available to customers. Should the order stand, Apple will continue to take all measures to return Apple Watch Series 9 and Apple Watch Ultra 2 to customers in the US as soon as possible.”
Masimo has released its own smartwatch that Apple claims is an Apple Watch knockoff. Apple filed two patent infringement suits of its own against Masimo in October 2022, asserting that it copied patented Apple Watch features.
This article originally appeared on Engadget at https://www.engadget.com/apple-will-pause-watch-series-9-and-ultra-2-sales-in-the-us-due-to-a-patent-dispute-142051903.html?src=rss
Be honest: How many times this year have you skipped or scrolled past a much-needed update? Maybe you just wanted to log into Twitter, er, X without setting up multifactor authentication. Putting off these minor inconveniences adds up, and it could lead to an insecure tech setup just waiting to be exploited by an attacker.
So, now you’re probably spending a few days sleeping in your childhood bed, and wondering when Uncle Dave will stop talking to you about buying gold stocks. There’s never been a better time to take care of the less-than-riveting admin work of locking down your digital life. Here’s a quick holiday checklist you and your loved ones (including Dave) can spend an hour doing during your holiday downtime to set up for a more secure year.
For the most current patches and options, you’ll need to start this security check up by updating all your devices and apps. The companies behind the tech have already done a lot of the work to keep you safe, but it’s your job to make sure that you’re taking full advantage of those updates. I’d recommend starting with operating system updates then apps second because there’s usually some new features reliant on the latest OS within other software. While you’re there, set up automatic updates so that you don’t have to worry about doing this manually in the future.
Strong passwords are your first line of defense to keep your accounts safe, but they’re almost impossible to memorize and keep track of. Download a password manager to store this information for you, so that your passwords can be unguessable gibberish that you’ll actually use. Long term, it’s important to change these passwords every 90 days or so, and never to repeat across accounts. A password manager will help remind you of that, and even generate new password ideas for you. Unique and regularly-changing passwords help prevent attacks like credential stuffing, as we’ve seen make headlines in the recent 23andMe data breach.
Strong passwords are important, but it’s well-known that they aren’t enough to keep unauthorized actors out of your account. Most people are familiar with using a text message code to grant access to an account. If you’re taking time out of your day to set this up, however, I would recommend using a third-party authenticator app or a hardware key for more secure options. Or, for companies that have switched to allowing passkeys at login, that’s usually your best bet.
This will be one of the more tedious parts of the checklist, so if you can’t sit down and knock out your major logins now, at least push yourself to make these changes each time you log into a website over the next couple of weeks. Being stuck with family for the holiday might not be your preferred opportunity to make this change, but there’s sure to be an upcoming major snowstorm or bout seasonal depression just screaming to be harnessed for your technological well-being.
A strong VPN will keep your web browsing private. Whether it’s free or paid for, defaulting to using a VPN adds an extra layer of security to the work you’re doing online. Most have options to use it across different devices, or to run automatically on startup so that you can set it up once and forget about it. I would also recommend switching over to a secure browser like Tor that runs on a privacy-first platform for more sensitive online matters. Of course there’s a catch: VPNs and Tor can both slow down your browsing, or break certain website features. Updates to the services have helped over time, but even if you use it for just a portion of web browsing, some protection is better than none.
Keeping up with security news will help you determine what accounts need special attention versus where you can go on autopilot. Once you know whether a breach may have occurred or a password has been leaked, you can quickly make changes to accommodate. Websites already exist to see if you’ve been in a data breach, and most companies have an obligation to tell you if they’ve been impacted. When you also stay up to date on the latest scams and attacks, you know what red flags to look out for in your own inbox to stay proactive.
It’s surprisingly easy to stop companies from trading your privacy for cash. On top of getting in the habit of not sharing your cookies or granting location data, you can opt out of working with the top three major data brokers. Axiom, Oracle and Epsilon all have slightly different variations of the same form to fill out so that information like your home address and relatives’ names aren’t being sold for profit. This is a good start to getting your online privacy back, however, it can be more of a headache than just one opt out form.
You have to do this frequently to make sure your information hasn’t been readded to any of the broker sites, and if your information has already been sold to marketing companies, it’s too late to undo it. There are subscription service sites that can help track and continuously delete whatever information pops up for you, but starting with just Axiom, Oracle and Epsilon will still be a free, worthwhile step toward more privacy.
Get an external hard drive or connect to the cloud and keep all of your data backed up. Do this regularly, so that even if your device quits or gets ransomed by an attacker, you aren’t completely screwed. I’d recommend opting for something that can be set up automatically, so that you don’t have to keep constant track of it. That could look like spending the 99 cents per month on extra iCloud storage (or Google Drive or another in-house cloud tool) so that your phone gets backed up each night while you’re asleep. Windows and Mac also both do auto updates to an external drive on desktop, so you can set it and forget it.
Alternatively, you could install backup software onto a device so that it’s taken care of by a third party, but that may be less intuitive to set up. Just don’t forget to clean up your data storage every once in a while, too, so that you’re not holding onto useless screenshots or pictures of your ex from years ago that are taking up valuable space.
It’s overwhelming to play catch up. Going through a list like this can seem intimidating if you haven’t worried about it before. If you set up automatic updates and backups, it’ll take some of those repeat tasks off your plate. But since you’ll already, hopefully, be setting new passwords once a quarter, you can do a quick check up on your other security measures too. See if you’ve been a victim of a breach or identity theft, keep telling data brokers to get their hands off your information and find out if new VPNs or other software has been released that could make your security setup more seamless. Making it a part of the routine is much easier than annual sprees, and can help you catch a cybersecurity problem before it becomes unmanageable.
This article originally appeared on Engadget at https://www.engadget.com/heres-everything-you-should-do-to-up-your-security-before-next-year-143009276.html?src=rss
This affordable exfoliator offers the same ingredients as a host of pricier options (and reviewers love it, too).
Engadget staffers test and review tons of gadgets every year, and we also buy a lot of things for ourselves. In 2023, some of us upgraded our at-home coffee-making setup, splurged on fancy keyboards and digital pianos and even made our homes a bit smarter with things like app-controlled litter boxes. But there are plenty of other things we’ve bought and loved this year that have yet to make it on the site. Here, our staff takes a look back at the things they’ve personally purchased this year that they want to gush about a bit more before 2023 is up.
This article originally appeared on Engadget at https://www.engadget.com/what-we-bought-our-favorite-gadgets-of-2023-140016145.html?src=rss
This is site is run by Sascha Endlicher, M.A., during ungodly late night hours. Wanna know more about him? Connect via Social Media by jumping to about.me/sascha.endlicher.
