2024-11-23 08:21:37
Elon Musk is, in addition to many other things, now the co-lead of the currently nonexistent Department of Government Efficiency (DOGE) advisory group. Now, before it even gets rolling, he has begun singling out individual government employees he says are emblematic of the government’s bloat and posting about them to his hundreds of millions of followers on X.
Earlier this week, as first reported by The Wall Street Journal, the X user “datahazard” shared a screenshot on X highlighting the role of Ashley Thomas, the Director of Climate Diversification at the US International Development Finance Corporation, saying, “I don’t think the US Taxpayer should pay for the employment” of that role. Musk reposted it, adding the comment “so many...
2024-11-23 07:49:45
The Supreme Court agreed to hear arguments on a case involving funding for a major broadband subsidy program, the Universal Service Fund (USF).
SCOTUS granted cert in a pair of cases called Federal Communications Commission v. Consumers’ Research, and Schools, Health & Libraries Broadband Coalition v. Consumers’ Research, which were consolidated for oral arguments. They center around whether Congress inappropriately delegated lawmaking function to the FCC by letting it set contribution rates for telecommunications companies to pay into the nonprofit Universal Service Administration Company, which manages the USF. It also asks whether the FCC delegated too much authority to a private entity by letting USAC manage the subsidy program.
The...
2024-11-23 06:53:30
DirecTV has dropped its plans to acquire Dish, the company announced Thursday. The deal would’ve created a TV service megamerger, but it fell through after Dish bondholders rejected the takeover.
In September, DirecTV reached an agreement to acquire Dish, Sling TV, and EchoStar’s TV business for just one dollar, while also taking on Dish’s $9.75 billion in debt. However, Dish bondholders — or the investors who lend money to a company (and expect to be paid back) — weren’t happy about the decision, as the transaction would’ve cut the value of their holdings by $1.5 billion.
“While we believed a combination of DIRECTV and DISH would have benefitted all stakeholders, we have terminated the transaction because the proposed Exchange Terms...
2024-11-23 04:44:33
The Spectra is a new smartwatch designed from the ground up to be hackable and easy to repair. It was created by Pocuter, a company that has spent the last few years honing an expertise in building small electronics like its tiny Pocuter One computer. What makes the Spectra unique is that it’s repairable, yet with a design that mirrors the Apple Watch which is much harder to get into.
The wearable is now available for preorder through a Kickstarter crowdfunding campaign with delivery expected as early as July 2025. Early backers can preorder one discounted to around $209, while full pricing is closer to around $272. The Spectra is the company’s seventh Kickstarter campaign, but also appears to be one of its most ambitious. Three years...
2024-11-23 04:36:44
Sling TV is increasing its monthly subscription prices by $5.99 for all of its plans starting in December. The streaming TV provider said “rising costs” are to blame for the price hikes without specifying why — presumably, not all six of those bucks are intended to pay for its “arcade” library of interactive games that just added Pac-Man and Trivia Crack.
There are two packages: Sling Orange, which includes Disney and ESPN networks, and Sling Blue, which includes Fox and NBC programming that previously cost $40 per month, individually. Now, they will cost $45.99 per month. There’s also the combo Sling Orange plus Blue, which offers a mix of both packages for $55 per month — but will go up to $61. Current subscribers will see the price...
