Peloton adds $95 activation fee for used equipment

Posted on August 23, 2024 by Techme101

The move is an effort to squeeze additional revenue from second-hand products, over concerns that cheaper, slightly used bikes, treadmills and rowers could cannibalize used sales.
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Wyoming is pushing crypto payments and trying to beat the Fed to a digital dollar

Posted on August 23, 2024 by Techme101

As crypto investing becomes more institutionalized with bitcoin ETFs, Wyoming is already pushing into the next phase of growth for crypto: consumer payments.

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U.S. Plans to Accuse RealPage of Enabling Collusion on Rents

Posted on August 23, 2024 by Techme101

The Justice Department is set to file an antitrust suit against the real estate company RealPage alleging illegal price-fixing facilitated by algorithms.

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Nepal Lifts Ban on TikTok, in a Likely Overture to China

Posted on August 23, 2024 by Techme101

The move signaled that Nepal’s new prime minister, who has cultivated ties with China, would continue on that path.

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Apple to Allow EU Users to Delete Pre-Installed Apps on iOS 18, Complying With Digital Markets Act

Posted on August 23, 2024 by Techme101

The newly announced changes mean that Apple users in the E.U. will have more control over default apps, browser choice, and pre-installed apps.

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Meta and Spotify CEOs criticize AI regulation in the EU

Posted on August 23, 2024 by Techme101

Meta and Spotify are once again teaming up — this time, on the matter of open-source (or to be precise, open-weight) AI which the companies claim are being hampered by regulations. In joint statements published to both companies’ respective websites on Friday, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek complain that EU privacy […]
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Crypto’s Shiny New Political Machine

Posted on August 23, 2024 by Techme101

Despite its comparatively small size and the continued absence of any obvious mainstream utility, the crypto industry is hurling more money than any other at the US general election.

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Tingit is building a marketplace for ‘zero-effort’ repairs, starting with fashion

Posted on August 23, 2024 by Techme101

Tingit, a startup out of Lithuania, wants to help people restore their used clothing to their former glory with its newly launched repairs marketplace.
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How Google makes custom chips used to train Apple AI models and its own chatbot, Gemini

Posted on August 23, 2024 by Techme101

Google makes custom AI chips called TPUs, and Apple uses them to train its AI models. CNBC got an exclusive look inside the lab where Google makes its chips.

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How China became the leading car supplier to Mexico and what it means for the U.S.

Posted on August 23, 2024 by Techme101

China was the leading car supplier to Mexico in 2023, exporting $4.6 billion worth of vehicles to the county, according to the Mexican Ministry of Economy.

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