Intuit is once again facing consequences for misleading advertising that claims it offers “free” services. The Federal Trade Commission (FTC) is banning TurboTax’s maker from claiming services are free when most customers will end up having to pay. “We find that Intuit’s ads on their […]
Day: January 23, 2024
Riot Games is laying off 11 percent of its workforce globally
Earlier today, Riot Games announced that it is eliminating 530 roles globally, which make up about 11 percent of its workforce. The company publicly delivered this devastating news in two separate posts — one for players, and another for “Rioters,” with the latter detailing severance […]
Apple will pay artists more to have a spatial audio version on Apple Music
Apple will pay additional royalties starting this month to artists if they have a spatial audio version on Apple Music, according to multiple reports. The company will pay up to 10% additional royalty if an artist has all their songs in spatial audio, per a […]
Apple tells artists how much more money they can make with spatial audio
Illustration by Alex Castro / The Verge Artists on Apple Music will earn a bonus payout of up to 10 percent in royalties for all songs that are also available in spatial audio. That’s according to an update sent to record label partners and seen […]
Philips Hue’s new outdoor Dymera wall lights beam up and down
Philips Hue is expanding its outdoor smart lighting lineup with a new model called Dymera that beams both up and down, allowing dramatic effects for your home’s exterior (or interior). The lights feature a black design and two individually controllable beams, letting you set illumination […]
The SEC says its X account was taken over with a SIM swap attack
The Securities and Exchange Commission has provided more details about how its official X account was compromised earlier this month. In a statement, the regulator confirmed that it had been the victim of a SIM swapping attack and that its X account was not secured […]
Roland’s Bridge Cast X lets streamers control video as well as audio mixes
At CES 2023, Roland introduced a streaming mixer called Bridge Cast, which can give creators a way to pipe different audio feeds to different destinations and make it easy for them to create mixes, add vocal effects and remove unwanted audio. Now, the company has […]
TikTok is reportedly laying off workers to cut costs
TikTok is one of the latest companies to be hit by layoffs sweeping across tech industry over the past year. A spokesperson from the short-form video platform told NPR that the company laid off around 60 employees, mostly from its sales and advertising division across […]
Business travel management platform TravelPerk raises $105M
TravelPerk, a business travel management platform targeted at SMEs, has raised $105 million in a fresh equity-based round of financing led by SoftBank’s Vision Fund 2. Existing investors including Kinnevik and Felix Capital also participated in the round. The funding gives TravelPerk a valuation of […]
TurboTax maker Intuit faces FTC ban on advertising “free” services
Intuit is once again facing consequences for misleading advertising that claims it offers “free” services. The Federal Trade Commission (FTC) is banning TurboTax’s maker from claiming services are free when most customers will end up having to pay. “We find that Intuit’s ads on their […]
