‘The Sandman’ Netflix series will arrive on August 5th

Netflix dropped a trailer for its upcoming series The Sandman, which is set to debut on August 5th. The highly anticipated show is based on the popular graphic novels by Neil Gaiman from the nineties, and features the likes of Tom Sturridge, Gwendolyn Christie, Stephen Fry and Patton Oswalt. Netflix also announced today that Mark Hamill will be voicing the kingdom’s resident handyman Merv Pumpkinhead.

The new trailer is less than two minutes long, but gives us a good glimpse at how the show will recreate the mystical realms in which the story is set. The Sandman follows the King of Dreams, also known as Morpheus (played by Sturridge) after he escapes captivity and returns to his now suffering kingdom, the Dreaming. But a number of people aren’t happy about that, including the occult detective Johanna Constantine (played by Jenna Coleman) and The Corinthian (Boyd Holbrook), a former inhabitant of the Dreaming who went rogue.

The decision to adapt Gaiman’s best-selling graphic novel series may seem like a no-brainer for studio execs, but it took a lot of effort to actually make happen. A planned film adaptation by Joseph Gordon-Levitt and Batman Begins screenwriter David Goyer fell apart after disagreements with the studio. Admittedly, the show’s source material is a tricky one to adapt and spans multiple timelines. Gaiman has previously stated, “I’d rather see no Sandman movie made than a bad Sandman movie.” Hopefully, the Netflix treatment will do the story justice.

Amazon’s consumer chief Dave Clark is departing the company

Dave Clark, who headed Amazon’s worldwide consumer operations, announced he is resigning after 23 years at the company. The former Kentucky warehouse manager was in charge of overseeing the company’s retail business as well as its warehouse and shipping operations, which expanded due to the pandemic. Clark tweeted the announcement today along with an email sent to his team, writing that he had discussed “transitioning out of Amazon” for some time with family and those close to him. Clark was promoted to his current role only last year, following the departure of longer-serving executive Jeff Wilke.

Clark’s resignation comes as the company is dealing with its first quarterly loss in seven years, a unionization push and more warehouse space than it needs. Clark was in charge of the company’s logistic operations, which he expanded as demand soared during the pandemic. The company reported in April that excess warehouse space would contribute to $10 billion in excess costs for the first half of 2022.

The executive regularly defended Amazon’s warehouse operations, even amid criticism of its unsafe working conditions. After John Oliver investigated Amazon warehouses in an episode of Last Week Tonight, Clark tweeted that Oliver was “wrong on Amazon” and that the company was “proud of the safe, quality work environment” of its facilities.

Clark’s resignation will be effective in July, according to a regulatory filing by Amazon. So far a successor has not been named.

5G voice calls arrive for some T-Mobile customers in Salt Lake City and Portland

Telecoms have been slow to hop on the 5G bandwagon — your smartphone normally relies on 4G or LTE for old-fashioned phone calls. But T-Mobile is venturing forward by launching its commercial Voice over 5G service today in limited areas of Portland and …

FTC says victims of crypto scams have lost more than $1 billion since 2021

The world of crypto continues to draw scam artists and fraud. People have reported losing a combined total of over $1 billion due to crypto scams since the beginning of 2021, according to an FTC report released today. From January 2021 through March of this year, more than 46,000 individuals filed a crypto-related fraud report with the agency. The median individual reported loss in these reports was $2,600.

Perhaps ironically, the most common coins used in scams are also the most widely used, as well as a top stablecoin. A total of 70 percent of scams used Bitcoin as the payment method, followed by Tether (10 percent) and Ether (9 percent). Ether is the prime currency of choice for NFTs, a relatively new crypto market where fraudsters and hackers have thrived.

Crypto investment scams were the most common type of scam reported to the FTC, accounting for an estimated $575 million in losses. Normally these scams target amateur investors by promising them large returns in exchange for an initial investment.

“Investment scammers claim they can quickly and easily get huge returns for investors. But those crypto ‘investments’ go straight to a scammer’s wallet,” wrote the FTC’s Emma Fletcher in a blog post.

Romance scams also account for a large slice of reported scams, totaling $185 million in losses. Many of these scammers reach individuals by social media or dating apps. A type of dating app scam known as “pig slaughtering” — where criminals build a fake relationship with a victim in order to con them into investing in crypto — has become more common, reported CoinTelegraph.

It’s important to note that the FTC report is only a small snapshot of how much crypto fraud has truly occurred, since the agency is relying on direct reports submitted by victims. An FTC paper estimated that less than five percent of fraud victims reported it to a government entity, and likely an even smaller number report to the FTC. As crypto becomes more popular, the number of scams have also increased. Blockchain platform Chainanalysis estimated that illicit addresses received over $14 billion in crypto last year, nearly twice the amount in 2020.

Apple attempts to appease union efforts with scheduling improvements

Apple will make a number of changes to scheduling rules for its retail employees that the company believes will result in more flexible working hours, reportedBloomberg. The move arrives as Apple retail stores in Maryland and New York City are slated to hold union elections in the coming weeks. The changes will include changes to limits on the number of late shifts worked, consecutive days worked and the minimum amount of time that must pass before an employee is eligible to work a new shift.

According to staff who spoke to Bloomberg, Apple will make some of the following changes over the next several weeks. Others will not arrive until later in the year. Shifts must be scheduled at least 12 hours apart (up from 10 hours.) Choosing a weekend day to not be scheduled, and a maximum of five consecutive scheduled days in a row also appear to be among the concessions. And unless they opt to pick up late shifts, retail workers won’t work more than three shifts per work that run past 8pm.

Apple retail workers over the years have spoken out about the demanding work schedule and low wages. The company expanded benefits for all full-time retail employees earlier this year, increasing the number of paid sick days and offering paid parental leave. It also set a new floor of $22 per hour for its retail employees last week. Still, Fruit Stand Workers United — the group in the midst of organizing Apple’s Grand Central Store — is pushing for a $30 minimum wage, tuition reimbursement and more options for retirement plans.

Ford CEO wants EV sales to be ‘100%’ online

Ford head Jim Farley said the brand’s electric vehicles may shift to fixed prices and completely online sales. In a speech today at an IBM conference, Farley described a future where Ford dealerships would no longer stock inventory but serve as customer service centers for picking up online orders or repairing existing vehicles — with buyers also having the option for home delivery.  In this hypothetical scheme, eliminating car dealerships would put an end to haggling with salespeople.

“We got to go to non-negotiated price,” said Farley. Naturally, he also used his speech to throw some jabs at competitors. “I believe some Mach-E and Lightning customers would love to have a Mustang for the weekend. Maybe they want a Super Duty. I can do that,” Farley said, “They can’t.”

The company announced plans this year to be the top EV car maker in the world, hoping to beat out Tesla and other companies with strong EV brands such as BMW, Nissan and Kia. Farley said Ford aims to have the capacity to produce 600,000 EVs by 2023, a notably smaller figure than the 936,000 deliveries that Tesla made last year.

The CEO said he believes that prices for EVs will lower to an average of $25,000, as the cost of batteries and distribution gets cheaper.