Voyager 1 — one of two space probes NASA launched in 1977 to study Jupiter, Saturn and their respective moons — is sending confusing data back to Earth, according to the space agency. The spacecraft’s control system regularly sends telemetry…
The ‘villain’ in Reddit’s GameStop investor saga is shutting down
Reddit’s war over GameStop stock has claimed a major casualty. Bloomberg and The New York Times report Melvin Capital, the hedge fund considered the nemesis of the meme stock affair, is shutting down. Fund owner Gabe Plotkin told investors that the “appropriate next step” after steep losses was to liquidate assets and return cash to investors, and that it was time to “step away” from managing others’ capital. At least half of the cash will transfer by May 31st, with the rest coming by June 30th.
Melvin Capital had been a successful fund, starting 2021 with over $12 billion. However, its public bet against GameStop and other struggling companies made it one of the largest victims of a GameStop-centric investing spree by people coordinating across Reddit and social networks. Plotkin’s fund reported a 53 percent loss in January 2021, and it took a $2.75 billion cash infusion to soften the blow and keep losses down to 39 percent for the year.
The GameStop saga wasn’t the only factor involved, however. While a recovery appeared possible, Melvin posted a 23 percent loss through April that was partly linked to poor stock positions. The fund was clearly in peril after the Reddit battle — it’s just that some miscalculations finished the company once and for all.
Reddit speculators shifted their attention to BlackBerry and other companies in the aftermath of the GameStop drama, and there hasn’t been fallout on par with Melvin’s in the months since. Still, the shutdown illustrates the power of coordinated internet investors — they can demolish conventional stock managers in the right circumstances.
Disney+ won’t show ads to preschoolers on its new streaming plan
You might not have to worry that Disney+ will bombard you with marketing when the ad-supported tier arrives later this year. Disney has confirmed to TechCrunch that it will limit the volume of ads to an average of four minutes per hour with this cheaper plan, or far less than the 7.4 minutes you endure with Hulu. Content aimed at preschoolers won’t include any ads, and Disney will “never” target ads at individual kids.
It’s still not clear how much the ad-backed tier will cost. However, Disney mentioned during its latest earnings call that it would likely hike the price of the ad-free version (currently $8 per month) once the more affordable plan arrives.
The restraint wouldn’t be surprising. Disney+ is mostly built around family-friendly content, and a heavy ad load could be seen as exploiting the high ratio of child viewers. It just has to look to YouTube as an example. Google’s video service drew flak from politicians and other critics for allowing targeted ads meant for kids, not to mention exploitative videos. YouTube responded by restricting ad targeting and demonetizing “low-quality” videos that are overly commercial or promote bad behavior. Limited ads could both prevent a regulatory crackdown and reassure companies jittery about where their ads appear.
As it stands, Disney can’t afford to risk alienating customers. While the company said during its call that its growth strategy is still on track, its direct-to-consumer division (which includes streaming) saw losses deepen to $887 million last quarter as licensing and other costs hit hard. The more people sign up for the ad-supported tier, the sooner Disney+ can swing to a profit.
Uber Eats is launching two autonomous delivery pilots in Los Angeles
Uber Eats is launching not just one but two autonomous delivery pilots today in Los Angeles, TechCrunch has reported. The first is via an autonomous vehicle partnership with Motional, originally announced in December, and the second is with sidewalk delivery firm Serve Robotics, a company that spun out of Uber itself.
The trials will be limited, with deliveries from just a few merchants including the Kreation juicery and organic cafe. Serve will do short delivery routes in West Hollywood, while Motional will take care of longer deliveries in Santa Monica. “We’ll be able to learn from both of those pilots what customers actually want, what merchants actually want and what makes sense for delivery,” an Uber spokesperson told TechCrunch.
Uber will apparently charge for the deliveries from Serve. However, autonomous vehicle deliveries in California require a permit that Motional reportedly doesn’t possess, so it appears that customers won’t be charged for deliveries from their vehicles, for now. In addition, human operators will take control when near the drop-off locations “to ensure a convenient and seamless experience for customers,” a spokesperson said.
Serve’s robots, meanwhile, will mostly be able to operate autonomously, but remote operators will take control in certain cases, as when crossing a street.
Customers within specific test zones will have an option to have their food delivered by an autonomous vehicle and can track it as with a regular delivery. When the food arrives, they’ll be able to unlock the vehicle with a passcode to obtain their meals, either from a Serve cooler or the backseat of a Motional car. “The hope is that [the trials] are successful and that we learn over the coming months and then figure out how to scale,” Uber’s spokesperson said.
Amazon offers cashback rewards if you scan receipts through its Alexa app
Alexa has introduced “Shopping List Savings” to the Alexa App, letting you scan receipts on eligible products from any store to gain cashback rewards, TechCrunch reported. It won’t cost you a thing to use it and you’ll get cash back to your Amazon gift card to use on any item on Amazon. The catch is that the system will provide Amazon with a ton of valuable data on your shopping habits, even when you’re not shopping on its site.
Using it is pretty straightforward. You just search the Alexa app to find available offers, then add them to your shopping list. You can shop the offers at your “go-to grocery store” (or pharmacy, or any store where you can get an itemized receipt) and scan the receipt and product barcodes to redeem them. That’ll get you cash directly on your Amazon gift card, usually in 24-48 hours, which can be used to buy anything on Amazon.
Amazon doesn’t explain how your data will be used or promise to anonymize it, as TechCrunch notes. Instead, it simply states that “we will get any information you provide, including receipt images and information we may extract from those receipts, and the offers you activate. You understand and acknowledge that your personal information may be shared with Amazon’s service providers.”
Amazon isn’t the only company to offer such a service, as you can also get cash rewards from Fetch, Ibotta and other companies in exchange for your shopping data. The amount of reward per product appears to be on an offer-by-offer basis, and you can check on payment status any time on the Get Paid page on “Browse Savings.” The offer appears to be limited to the US, for now.
UK’s Royal Mail aims to open up to 50 drone routes for rural deliveries
The UK’s Royal Mail wants to set up as many as 50 drone routes over the next three years to make deliveries to remote communities. The plan, which requires approval from the Civil Aviation Authority, would see the service secure up to 200 of the autonomous devices from logistics drone company Windracers.
The Royal Mail said the first communities to benefit would be the Isles of Scilly (off the coast of Cornwall in south-west England) and the Scottish islands of Shetland, Orkney and the Hebrides.
Test flights started last year. In the most recent one, held in April, the service was able to use a UAV to deliver mail to Unst, Britain’s most northerly inhabited island, from Tingwall Airport on Shetland’s largest island. That’s a 50-mile flight each way.
The twin-engine drone used in the tests can carry a payload of up to 100 kg of mail and take two return flights each day. The Royal Mail said the device has a wingspan of 10 meters and can withstand difficult weather conditions with the help of its autopilot system. After the drone arrives at its destination, a postal worker will retrieve the mail and parcels and deliver them.
The Royal Mail claimed the drones would help it reduce carbon emissions and provide a more reliable delivery service to islands. It eventually hopes to have a fleet of more than 500 drones that will operate across the UK.
Netflix’s ad-supported plan and password sharing fees may arrive this year
Although Netflix had long said its service wouldn’t include ads, it revealed last month that it will actually roll out a cheaper, ad-supported plan. Co-CEO Reed Hastings said on an earnings call that plans for that tier would be firmed up “over the next year or two.” However, it seems the company is looking to offer the option even sooner. It reportedly suggested in an internal memo that an ad-supported version of the streaming service will emerge later this year.
Executives told staff in the note that they want to introduce an ad-supported plan in the last three months of 2022, according to The New York Times. What’s more, the note suggested the tier will be introduced around the same time as an extra fee for subscribers who share their passwords with people living at different addresses.
In the memo, Netflix is said to have noted that, outside of Apple TV+, every major streaming platform offers a lower-cost, ad-supported plan. Those include Hulu, HBO Max and Peacock. The company reportedly said that some of its competitors have still been able to “maintain strong brands” while showing commercials.
Meanwhile, Netflix recently said that more than 222 million households are paid subscribers. However, it claimed more than 100 million households are watching Netflix on someone else’s account without paying for access. On the earnings call, chief operating officer Greg Peters said that while the company is “not trying to shut down that sharing,” it is “going to ask you to pay a bit more to be able to share.” Netflix started testing an extra fee for account sharers in Peru, Chile and Costa Rica in March.
After years of impressive growth, Netflix suddenly has a big issue when it comes to subscriber numbers, which fell for the first time last quarter. It lost 200,000 members (largely due to shutting down its service in Russia) and it thinks it may lose as many as another two million this quarter. With its stock nosediving by over 50 percent in the last month, the company is hoping an ad-supported tier and extra charges for password sharing will help increase revenue.
Xbox is recovering after the second of two outages this weekend
Xbox users hoping to enjoy some solid playtime over the weekend were stymied on Saturday, following an outage that lasted about nine hours. Microsoft issued a tweet around 4pm ET on Saturday, acknowledging that some users were unable to purchase and launch games or join Cloud Gaming sessions. The service Downdetector also logged a spike in error reports around that time.
We’re aware that some users are unable to purchase & launch games or start Cloud Gaming sessions. Our teams are investigating. Please keep an eye here and on our status page for updates. https://t.co/kQKp1LYR4o
— Xbox Support (@XboxSupport) May 7, 2022
Players could have switched to physical discs (if they owned a console that even had a disc slot) or, in theory, they could have played offline. But, as The Verge reports, even offline play wasn’t working for some users.
Microsoft posted an update around 1am ET on Sunday, saying users should no longer be experiencing those issues, though Downdetector notes a trickle of new complaints that has continued into Sunday morning.
Players should no longer be seeing issues when it comes to purchases, launching games, or joining Cloud Gaming sessions. Thanks for being patient. Happy gaming! https://t.co/WTAzvBkgcY
— Xbox Support (@XboxSupport) May 8, 2022
Adding to players’ frustrations, this was in fact the second Xbox Network outage so far this weekend. Xbox suffered a similar outage that began late Friday afternoon and extended into Saturday morning, with Microsoft then, too, warning of problems with launching and buying games, and starting Cloud Gaming sessions. In addition, Microsoft admitted, some users were also struggling during the earlier outage accessing streaming apps such as Netflix and Disney+.
We’re aware that some users are unable to purchase games, launch games or start Cloud Gaming sessions. Our teams are investigating. Please keep an eye here and on our status page for updates. https://t.co/kQKp1LYR4o
— Xbox Support (@XboxSupport) May 6, 2022
We understand some users may be having trouble accessing media streaming apps such as Netflix or Disney+, and are currently looking into the matter. Keep watching here and our status page for updates.https://t.co/a6CwLeKdjJ
— Xbox Support (@XboxSupport) May 7, 2022
Microsoft only claimed to have fully resolved the Friday outage at 1pm on Saturday, about three hours before user complaints began to spike again.
Starlink users can now take their terminal on the road
Folks who enjoy camping or weekend trips in an RV now have another way to access the internet when they set up shop for the night — as long as they don’t mind lugging around Starlink hardware and paying $135 per month. A new feature called Portability allows users to temporarily use Starlink when they’re away from home.
In the US, Portability costs $25 per month. That’s on top of the regular service fee, which SpaceX recently bumped up to $110 per month. The hardware now costs $599 for those without a preorder.
Beyond the cost, there are a few other limits to Portability. For instance, it’s not worth taking a terminal with you on a transatlantic trip. Starlink says the feature is only available when users are on the same continent as their registered service address. If you use Starlink in another country for longer than two months, you’ll need to change the registered address to one in that jurisdiction.
Starlink still doesn’t support in-motion use as yet either, so you’ll need to find a stationary spot that’s within the service area and has a clear view of the sky. Meanwhile, it says Portability is offered on a “best effort basis.” Customers who are at their registered service address will receive priority access to the network. “When you bring your Starlink to a new location, this prioritization may result in degraded service, particularly at times of peak usage or network congestion,” Starlink wrote on a support page.
That said, the feature could give users much more flexibility. Starlink can provide internet access in areas that aren’t covered by cell towers, which could make Portability particularly useful for digital nomads who want to work from just about anywhere.
Google takes first steps in rolling out Android’s Privacy Sandbox
At the start of the year, Google announced the Privacy Sandbox on Android project, a new system designed to eventually replace today’s existing third-party cookie schemes and reinvent a more privacy-centered method for serving advertisements. After an initial round of alpha testing and feedback, Google announced on Thursday that the first developer’s preview of the sandbox is now available as part of Android 13 beta 1.
The Privacy Sandbox is a multi-year development effort that will “limit sharing of user data with third parties and operate without cross-app identifiers, including advertising ID,” Google wrote in a February announcement. “We’re also exploring technologies that reduce the potential for covert data collection, including safer ways for apps to integrate with advertising SDKs.”
This preview provides developers with early looks at the sandbox’s SDK Runtime and Topics API so that they can better understand how they’ll fit into their apps and processes once it is officially released. We first saw Topics API back in January. It pulls data from the Chrome browser to identify the user’s top five interests for the week, based on their search and browsing history. Those topics are then compared against a database of topics from the Interactive Advertising Bureau and Google’s own data. Partner publishers can then ping the Topics API, see what the user is currently into, and then serve the most appropriate ads without having to know every nitty-gritty detail about their potential customer.
Developers will also have access to an early version of the Fledge API. This allows sites to run “remarket” to existing users — ie, serving users ads to remind them that they left items in their shopping cart and should just check out already. The Sandbox comes with everything that developers will need to test it, including the Android SDK and 64-bit Android Emulator. The company intends to further refine the toolset over the coming months and welcomes feedback and questions from the developer community