The best camera and photography gift ideas for dad

When your dad decides to take his photography game to a new level, a smartphone may no longer be enough. Some may want a sports camera to capture their adventures while others may need a mirrorless camera for better family photos, films or artistic sho…

Senators introduce bipartisan bill to regulate crypto assets

Politicians are quickly seizing on US government efforts to study and regulate crypto. Reutersreports Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) have introduced a bill, the Responsible Financial Innovation Act, that would forge a “complete regulatory framework” for cryptocurrency and other digital assets. The measure is meant to protect consumers and fold crypto into existing laws without restricting technical progress.

RIFA would set clearer definitions, such as establishing which assets are commodities or securities. It would also create requirements for stablecoins (cryptocurrencies pegged to another asset, such as conventional money) to minimize risks and enable speeder payments. The Commodity Futures Trading Commission (CFTC) would have the power to regulate digital spot markets, while providers would be subject to disclosure requirements. There would be a “workable” tax structure that would let you buy products with cryptocurrency without having to account for and report income.

The act would also prompt the government to further research digital assets. It would create a “sandbox” where federal and state regulators could work together on experimental launches of financial technology. The CFTC and Securities Exchange Commission would have to develop both security guidance and a self-regulatory organization. Other government agencies and offices would be tasked with studying energy consumption, the benefits (and dangers) of investing retirement savings in crypto and the security concerns around China’s official digital currency.

The bipartisan nature of the bill could increase its chances of surviving a Senate vote. Reuters also points out that the CFTC is considered friendlier to crypto assets than the SEC, That’s potentially useful for winning over regulation-averse politicians worried the SEC might limit crypto’s growth.

A House equivalent has yet to exist, and it’s unlikely that RIFA would reach President Biden’s desk before the current session of Congress ends. It’s likewise unclear just which digital assets are covered, and whether or not NFTs might be affected. We’ve asked for more details. The bill nonetheless represents the strongest effort yet to regulate crypto, and might just serve as a blueprint for future efforts to control and legitimize the blockchain in the US.

The best gifts for dad under $50

Us kids know how hard it is to buy gifts for parents. It’s either a case of they don’t want anything or they’ve already gone out and bought the product you had your eye on without telling you. Especially tech-savvy dads. But there are some oft-forgotte…

Microsoft will ‘scale down’ its operations in Russia

Microsoft previously halted sales in Russia following the invasion of Ukraine, and now it’s shrinking its presence in the country. The company told Bloomberg in a statement that it will “significantly scale down” its Russian operations in response to a bleaker economic forecast stemming from the war. Microsoft will still honor its contracts in the country, but the reduced footprint will affect over 400 employees.

The Windows creator said it was “working closely” with affected staff to provide support. There was no mention of which segments would be impacted. It was also unclear how many people the company employed in Russia before the announcement. We’ve asked Microsoft for comment.

This isn’t the first major tech company to withdraw at least some of its business in Russia in response to the war. IBM is now winding down its operations after suspending them in March, while software giant SAP said in April that it would exit the country entirely. Other firms, such as Amazon and Apple, have limited some or all of their sales.

This isn’t a huge sacrifice for Microsoft. The developer said in March that Russia accounted for less than one percent of its revenue, and its local business had been in a steady decline over the past few years. Even so, it wouldn’t be surprising if the cutback prompted similar moves from tech peers either showing support for Ukraine or concerned about their Russian sales prospects.

The newest Roku Ultra drops to a record low of $80

If you’d like to upgrade your dad’s TV setup for Father’s Day, you can snag Roku’s latest set-top box at its best price yet. The 2022 Roku Ultra is 20 percent off ahead of Father’s Day, dropping it down to $80. That’s a solid deal for the streamer that just came out just last month and includes a new voice remote, among other improvements. It’s also worth noting that the Roku Streambar remains on sale for $99, which is one of the best prices we’ve seen.

Buy Roku Ultra at Amazon – $80Buy Roku Streambar at Amazon – $99

Roku didn’t mess with the Ultra’s box this time around, but rather it focused on adding features to the new Voice Remote Pro. The accessory comes bundled with the Ultra and includes a 3.5mm headphone jack for private listening, two programmable shortcut buttons and a mic-disable button. The latter refers to the remote’s hands-free voice control feature, which allows you to say “Hey Roku” to initiate a command. You can then ask the device to show you horror movies, sitcoms or pull up the latest episode of Stranger Things. You can even say “Hey Roku, find my remote,” and it’ll force the remote to play a sound so you can locate it more easily. We also appreciate that the Voice Remote Pro is rechargeable via microUSB, which means you won’t have to scramble to get new disposable batteries when it starts running low.

As for the set-top box itself, it’s remains largely unchanged from the 2020 Ultra. It still has 4K HDR10+ streaming capabilities and supports both Dolby Vision and Atmos. It also has AirPlay 2 and Bluetooth support, plus a handy selection of ports: a power jack, an HDMI out port, an Ethernet jack and one USB port. While the 2022 Ultra has up to 50 percent better WiFi range, some will appreciate the Ethernet jack since it will allow you to hardware the device and get the best signal possible.

While the Roku Ultra is the company’s most powerful streaming device, the Roku Streambar is a good option if you want 4K streaming abilities along with a sound upgrade. We gave it a score of 86 for its compact size, solid audio quality and Dolby Audio support. It sounds leaps and bounds better than most built-in TV speakers, making it a good option for those that want a a streaming device that does a bit more than just play Netflix and Disney+.

Follow @EngadgetDeals on Twitter for the latest tech deals and buying advice.

Apple Watch Series 7 falls to a new all-time low of $300

Amazon is having a big sale on Apple Series 7 Watches right now, with the highlight being a new low price of $300 on the 41mm green aluminum model with a clover sports band ($99 off). Other available colors (starlight, midnight, blue and red) are also on sale at the previous all-time-low price of $329, while the 45mm models are marked down to $359 ($70 off) in multiple colors. 

Buy Apple Watch Series 7 at Amazon

The Series 7 wasn’t a massive update from the Series 6, but there are some nice improvements. Chief among those is a larger screen that makes it easier to see notifications, messages and other information displayed in complications. It’s also the first IP6X dust resistant Apple Watch, so it’s more durable than past models. And it supports fast charging, allowing you to get 10 percent power in just 10 minutes and a full charge in under an hour. 

Other capabilities carry over from the Series 6, like the always-on display, built-in GPS, ECG and blood oxygen measurement capabilities, fall detection, trackable workout support and more. The biggest drawback with the current model is mediocre sleep tracking — it only tells you how long you slept, which is a lot less information than you get from rival Fitbit or Garmin devices. It’s also not a great idea for Android users, but if you’re on iPhone, Apple Watch is still the best wearable out there, by far. 

Follow @EngadgetDeals on Twitter for the latest tech deals and buying advice.

Bird is reportedly laying off almost a quarter of its staff

Bird, the rental service for electric scooters, is one of the latest companies in the tech industry to lay off quite a big percentage of its workforce. According to Layoffs.fyi, which tracks layoffs across the tech space, the company plans to let 23 percent of its staff go. As TechCrunch notes, Bird has 600 employees, which means around 138 people are losing their jobs if they haven’t yet. Based on LinkedIn posts seen by the publication, layoffs have already started, and people are already on the lookout for new opportunities. 

Bird has confirmed its decision to TechCrunch and said that the move will affect staff across divisions and regions — even people in senior managerial positions aren’t safe. A spokesperson explained:

“While the need for and access to micro-electric vehicle transportation has never been greater, macro economic trends impacting everyone have resulted in an acceleration of our path to profitability. This path required us to reduce our cost structure in a way that allows us to responsibly and sustainably expand our service beyond the more than 400 cities we operate in today as climate action has never been more paramount. In addition to eliminating all non-critical third party spend, we also unfortunately had to depart with a number of team members who passionately helped create a new industry and paved the way for more eco-friendly transportation.”

The company first dropped hints that layoffs are on the horizon when it reported its first quarter earnings in May. Back then, it said it plans to “streamline and consolidate its resourcing against its core business.” A source told TechCrunch that Bird went on a hiring spree as recently as this March and April, and they think that those offers would be reversed. All laid off employees that the publication talked to thus far were given a minimum severance of three weeks with three weeks of healthcare — and they get to keep their laptops.

A previous report by TechCrunch based on data from Layoffs.fyi puts the number of tech workers that had lost their jobs last month at 15,000. Some of the companies that laid off employees in May are Bose, Cameo and Carvana, which did so via Zoom. Even PayPal isn’t immune to the global economic downturn and has been letting personnel go after its growth showed signs of slowing down. 

Lyft says its future lies in a hybrid network of autonomous and driver rides

Lyft drivers don’t have to worry about being fully replaced by the company’s autonomous vehicles just yet. Company president John Zimmer told CNBC that Lyft intends to operate a hybrid network at first, with a fleet that’s largely comprised of non-autonomous cars. “[J]ust like what happened with phones, you didn’t have 3G go to 4G go to 5G on separate networks,” Zimmer explained.”You still needed to be able to make a 3G call when 4G wasn’t available.” And similar to when LTE was new and mobile users mostly had to connect to the internet via 3G, Lyft passengers will also largely have to rely on rideshare drivers.

Zimmer envisions a network wherein autonomous vehicles will only be taking five percent of all trips at first, with rideshare drivers taking the lion’s share of the rides booked through the platform. Lyft plans to scale up its autonomous rides with its partners, though, so those percentages will keep shifting in the future. The company has been testing self-driving rides in Las Vegas since at least 2018 with its partner Motional, which is a joint venture between Aptiv and Hyundai. In 2020, Lyft announced that it intends to bring fully driverless cars to multiple US cities by 2023.

Lyft also has an existing partnership with Ford, and they’re currently testing the latter’s Argo-AI powered cars — with no human safety driver behind the wheel — on Miami and Austin roads. In addition, the company teamed up with Waymo to pick up customers in the metro Phoenix area back in 2019.